Vipul Organics Limited announced its Quarter 2 and Half Yearly results for FY 2026-27 through a regulatory filing under SEBI Regulation 30.

Financial Performance - Q2 FY27 (Standalone)

Year-over-Year (YoY) Comparison (vs Q2 FY26):

  • Total Revenue: ₹6192.43 lakh, up 56.12% from ₹3966.36 lakh
  • Profit Before Tax (PBT): ₹284.85 lakh, up 19.23% from ₹238.90 lakh
  • Profit After Tax (PAT): ₹221.57 lakh, up 22.20% from ₹181.32 lakh
  • Earnings Per Share (EPS): ₹1.16, compared to ₹1.15

Quarter-over-Quarter (QoQ) Comparison (vs Q1 FY27):

  • Total Revenue: ₹6192.43 lakh, up 18.69% from ₹5217.52 lakh
  • Profit Before Tax (PBT): ₹284.85 lakh, down 17.34% from ₹344.62 lakh
  • Profit After Tax (PAT): ₹221.57 lakh, down 12.29% from ₹252.62 lakh
  • Earnings Per Share (EPS): ₹1.16, compared to ₹1.33

Financial Performance - Half Yearly (H1 FY27)

Half Year Ended September 30, 2026 (Standalone):

  • Total Revenue: ₹11409.95 lakh, up 47.51% from ₹7735.17 lakh (H1 FY26)
  • Profit Before Tax (PBT): ₹629.47 lakh, up 56.94% from ₹401.10 lakh (H1 FY26)
  • Profit After Tax (PAT): ₹474.18 lakh, up 53.85% from ₹308.20 lakh (H1 FY26)
  • Earnings Per Share (EPS): ₹2.49, compared to ₹1.95 (H1 FY26)

Consolidated Performance

All consolidated figures were nearly identical to standalone results, indicating minimal impact from subsidiaries.

Management Commentary

Mr. Vipul Shah, Chairman and Managing Director, commented:

  • Record Q2 revenues attributed to strategic optimization initiatives and new product lines implemented over past two years
  • Sayakha facility was operational for approximately 40 days during Q2 with gradual production scaling
  • Transitional phase created temporary expense-revenue mismatch affecting bottom line
  • Production lines progressively coming online in Q3, expecting near 100% capacity utilization by quarter-end
  • Margin normalization expected as production scales
  • Membrane division expansion on schedule for trial production in Q4
  • Company positioned for sustained, accelerated growth backed by R&D investments and strengthened leadership team

Company Background

Vipul Organics Limited is a BSE-listed specialty chemicals company in pigments and dyes segment with three manufacturing facilities across Maharashtra and Gujarat. The company has global presence with Americas office in Delaware and operations in over 50 countries. FY 2025-26 revenue was ₹175.40 crore.

Additional Information

Press release available on company website: www.vipulorganics.com