Vipul Organics Limited · BSE:VIPULORG
Vipul Organics — Q1 FY2026-27 Earnings Presentation
28 slides from Vipul Organics's earnings presentation, Sep 7, 2026
Slide 1: BSE Regulation 30 announcement cover letter
Date:07th September 2026 To, The Manager, Department of Corporate Services, BSE Limited, Pheeroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai-400 001 Scrip Code: 530627 Dear Sir/Madam, Subject: Announcement under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation
Slide 2: Vipul Organics Limited Investor Deck Q1 FY2026-27
VIPUL ORGANICS LIMITED BSE: 530627 | Specialty Chemicals | Pigments| Pigment Intermediates| Membranes Colour Chemistry Rooted in Decades. A Growth Story Built for Tomorrow. INVESTOR DECK Q1 FY2026-27 BSE LISTED ₹510 Cr ₹175 Cr 50+ 58+ Market Cap FY26 Revenue Export Countries Years Heritage Vipul Org
Slide 3: Agenda
AGENDA 01 04 Indian Chemical Industry Strategic Strengths Structural tailwinds & market opportunity Competitive advantages & growth drivers Vipul Organics Investor Presentation Q1 FY2026-27 02 05 Company Snapshot Sayakha Expansion Heritage, operations & product portfolio Greenfield facility & capaci
Slide 4: Indian Chemical Industry Overview
Indian Chemical Industry Overview Vipul Organics Limited | Investor Presentation | Q1 FY2026-27 3 / 27/
Slide 5: Indian Chemical Industry — Structural Tailwinds
Indian Chemical Industry — Structural Tailwinds INDUSTRY USD 250B+ India Chemicals USD 93B+ Target Market for Specialty ~3–6% CAGR China+1 Supply Chain Market Size Chemicals by 2034 Dyes and Pigments Growth Rate Diversification 6th-largest global producer From ~USD 67B in 2025 Specialty segment, 202
Slide 6: Vipul Organics: A Company Snapshot
Vipul Organics A company Snapshot Vipul Organics Limited | Investor Presentation | Q1 FY2026-27 5 / 27/
Slide 7: Vipul Organics — Heritage & Leadership
Vipul Organics — Heritage & Leadership COMPANY 1968 BSE 530627 63.94% Founded Listed Since 1995 Promoter Holding THE VIPUL ORGANICS STORY THREE-GENERATION LEADERSHIP Founded in 1968 by Late Shri. Pravinchandra B. Shah with Naphthols Late Shri. Pravinchandra B. Shah and dye intermediates. Founder &
Slide 8: Vipul Organics — Integration, Reach & Diversification
Vipul Organics — Integration, Reach & Diversification COMPANY ₹510 Cr 50+ 2,400+ Market Cap Export Countries SKUs / Products PIGMENT VERTICAL INTEGRATION MODEL GLOB AL REACH PIGMENT INTERMEDAITES Asia Pacific Napthols · Aromatic amines · ODiHCL · OT Base · 5COT Red TR India, SE Asia, China, Japan, K
Slide 9: Products, Facilities & Brand Portfolio
Products, Facilities & Brand Portfolio COMPANY 2,400+ SKUs / Products 13 Product Categories 3 Manufacturing Sites 10+ Brand Families 55+ Years Integrated Mfg PRODUCT PORTFOLIO — 13 CATEGORIES MANUFACTURING FOOTPRINT — 3 SITES SunTone® Pigment Powders SunCoat® Pigment Dispersions Palghar Azo, Phthalo
Slide 10: Operations & Product Portfolio
Operations & Product Portfolio PRODUCTS O PE R A T IO NS & S EC TO RS S ER VE D PR O D UC T PO R T F O L I O Pigment Powders Textiles & Apparel Paints & Coatings Azo, phthalocyanine & HPP grades Pigment Dispersions Plastics & Masterbatches Printing Inks For textile printing & coatings Reactive Dyes
Slide 11: Recent Developments
Recent Developments UPDATE OPERATIONS, EXPANSION & FINANCIAL PERFORMANCE DISTRIBUTION TIE-UP & CAPITAL RAISED AUG 2026 JUN 2026 1 Sayakha Commences Production 4 Omya Europe Tie-up Commercial operations began at the new Gujarat greenfield facility (PCPIR, Exclusive distribution deal with Omya — a glo
Slide 12: Q1 FY27 Financial Performance
Q1 FY27 Financial Performance Vipul Organics Limited | Investor Presentation | Q1 FY2026-27 11 / 2/
Slide 13: Q1 FY27 Financial Highlights — Quarter Ended Jun 2026
Q1 FY27 Financial Highlights — Quarter Ended Jun 2026 Q1 FY27 ₹51.78 Cr Net Revenue ₹2.53 Cr Profit After Tax ₹3.45 Cr Profit Before Tax 9.6% Operating Margin ₹1.33 EPS (Q1 FY27) +37.7% YoY | -0.8% QoQ +99.7% YoY | +27.8% QoQ +112.9% YoY vs ₹1.62 Cr Margins expanding on Sayakha vs ₹0.86 in Q1 FY26 r
Slide 14: Quarterly Financial Trends — Revenue & Profitability
Quarterly Financial Trends — Revenue & Profitability TRENDS Quarterly Revenue (₹ Crore) Quarterly PAT (₹ Crore) 60 3 52 52 3 50 46 2.5 44 41 39 39 2 40 38 2 2 2 1 30 1.5 1 1 20 1 1 10 0.5 0 0 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 FY25 FY25 FY25 FY26 FY26 FY26 FY26 FY27 FY25 FY25 FY25 FY26
Slide 15: Annual Financial Performance — FY2020 to FY2026
Annual Financial Performance — FY2020 to FY2026 ANNUAL P&L Annual Revenue (₹ Cr) | FY2020–FY2026 Net Worth (₹ Cr) — Steady Compounding 200 140 175 120 180 100 163 160 150 80 60 140 133 134 40 119 120 20 0 100 92 80 60 13% 10-Yr Revenue CAGR 40 20 22% 10-Yr PAT CAGR 0 FY20 FY21 FY22 FY23 FY24 FY25 FY
Slide 16: Strategic Strengths & Growth Drivers
Strategic Strengths & Growth Drivers Vipul Organics Limited | Investor Presentation | Q1 FY2026-27 15 / 27/
Slide 17: Strategic Competitive Strengths
Strategic Competitive Strengths STRENGTHS Niche Pigment Expertise Backward Integration Global Export Network Deep azo pigment & dyestuff know-how built over 5+ In-house naphthols, intermediates & base chemicals Active in 56+ countries; diversified geography reduces decades of colour chemistry leads
Slide 18: Growth Drivers — Near-Term & Structural
Growth Drivers — Near-Term & Structural GROWTH 01 02 Capacity Utilisation Ramp Export Market Expansion China+1 strategy creates structural demand shift. Jun 2026: signed exclusive European Existing Maharashtra plants running at sub-optimal utilisation; incremental volumes distribution agreement with
Slide 19: Sayakha Greenfield Expansion Project
Sayakha Greenfield Expansion Project Vipul Organics Limited | Investor Presentation | Q1 FY2026-27 18 / 27/
Slide 20: Sayakha Greenfield Facility — Project Snapshot
Sayakha Greenfield Facility — Project Snapshot CAPEX CAPACITY EXPANSION — PHASED ROLL-OUT ~2,000 TPA Pre-Sayakha (Legacy ~3,600 TPA Phase-1 (Live, Aug'26) → ~10,000 TPA Multi-Phase Target across all facilities Sites) Location Nature Status Capex Funding Sayakha, Gujarat Integrated Greenfield Plant C
Slide 21: Sayakha — Strategic Rationale & Medium-Term Financial Impact
Sayakha — Strategic Rationale & Medium-Term Financial Impact SAYAKHA ST R A T E GI C R A T IO NA L E F I N A N C I A L I MPA C T (M E D I U M T E RM ) 1 Scale Advantage Revenue Lift Higher scale structurally reduces unit manufacturing cost; improves Sayakha to structurally raise consolidated revenue
Slide 22: ADIMEM Technologies — Membrane Manufacturing Platform
ADIMEM Technologies — Membrane Manufacturing Platform WATER SOLUTIONS 6 Membrane Technologies 10+ Industries Served 1st In-House Mfg. in India Apr 2026 Commercial Sales Began 25% 3-Yr Revenue Target MEMBRANE TECHNOLOGY PORTFOLIO TARGET APPLICATIONS — 4 END-MARKETS Reverse Osmosis Nanofiltration RO N
Slide 23: Water Solutions — Strategic Rationale & Market Opportunity
Water Solutions — Strategic Rationale & Market Opportunity WATER SOLUTIONS W H Y VI PU L O R G A N I C S IN ME M B R A N E S M A R K E T O PP O RT U N I T Y 1 First-Mover: In-House Manufacturing Large & Growing Market ADIMEM is positioned as India's first fully in-house membrane manufacturer Global
Slide 24: Investment Thesis, ESG & Key Risks
Investment Thesis, ESG & Key Risks Vipul Organics Limited | Investor Presentation | Q1 FY2026-27 23 / 27/
Slide 25: Shareholding Pattern
Shareholding Pattern OWNERSHIP Shareholding Pattern (Jun 2026) Market Cap ₹510 Cr Small-cap specialty chemicals 0% 36% Improving post-capex ramp 64% ₹1/share declared (FY25) Promoters Public FIIs 10-Yr Stock CAGR Strong long-term compounding Promoter stake at 63.94% (Jun 2026), up from 54.5% (FY18)
Slide 26: ESG & Sustainability Focus
ESG & Sustainability Focus ESG ENVIRONMENTAL SOCIAL GOVERNANCE • Second & third generation, professionally qualified, family • BSE-listed with consistent • OEKO-TEX ECO PASSPORT certified leadership regulatory compliance since 1995 for entire pigment & reactive dyes • Long-tenure management team • B
Slide 27: Investment Thesis & Key Risks
Investment Thesis & Key Risks THESIS WHY VI PUL ORG A N I C S? KE Y R I SKS T O MON I T OR Attractive Structural Niche Raw Material Volatility Dyes & pigments in India is a structurally growing specialty chemicals segment with both domestic Azo dye intermediates & petrochemical-derived materials; pa
Slide 28: Safe Harbour Statement
IMPORTANT NOTICE Safe Harbour Statement This presentation has been prepared by Vipul Organics Limited for information purposes only. It does not constitute, and should not be construed as, an offer or invitation to subscribe for or purchase any securities of the Company in any jurisdiction. This may