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Vipul Limited (511726) Fair Value & Analysis

Financial · IN · Market cap ₹1.5B

VL Vipul Limited 511726 · BSE
Price₹14.31
Fair Value₹35.78
Upside+150.0%
Quality30/100
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Weak Growth
Loss-making · -32.5% net margin
Low debt
0.36% dividend yield
Trails peers (3/10)
Narrow moat 5/100
Evidence: Low Range ₹25.43 – ₹46.11 Share as image

Fair value as of: Aug 15, 2026

From 7 valuation models · updated today

Share price −18.4% over the past month.

Below-average quality, screening 150% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (30/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (₹25.43). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (₹25.43 to ₹46.11) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹50.82 ₹7.59 Fair Value ₹35.78 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 15, 2026.

How to read this chart

60‑month range ₹7.59 – ₹50.82 · fair‑value band ₹25.43 – ₹46.11 · the ₹14.31 price screens below the ₹35.78 fair value. Dashed = 300-day average. As of Aug 15, 2026.

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Analysis

Vipul Limited (511726) currently trades at ₹14.31, while our model-based Fair Value estimate is ₹35.78, implying the stock looks roughly 150.0% undervalued today. The Quality Score stands at 30/100 (below-average quality), in the Financial sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Over the trailing twelve months, Vipul Limited generated revenue of ₹1.2B at a net margin of -32.5%. Fundamentals as of Aug 15, 2026

Our scenario range runs from ₹25.43 (bear case) to ₹46.11 (bull case); at ₹14.31, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 24% below its 52-week high and 93% above its 52-week low. For context, the median of 10 Financial peers we cover trades at 8% fair-value upside, at 150%, 511726 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹30.96 ₹38.77 ₹51.30 80
Rev-Margin DCF ₹30.42 ₹43.65 ₹60.11 74
NCAV (Graham) ₹15.71 ₹21.05 ₹31.42 50
All 7 models by family
DCF Models
FCF DCF ₹30.10 ₹38.31 ₹52.62 38
5Y Revenue Exit ₹30.42 ₹42.91 ₹61.30 39
10Y Revenue Exit ₹29.38 ₹38.55 ₹48.51 36
Multiples
EV/Revenue ₹33.19 ₹46.69 ₹60.18 43
Asset-Based
NCAV (Graham) ₹15.71 ₹21.05 ₹31.42 50
Growth DCF
Growth DCF ₹30.96 ₹38.77 ₹51.30 80
Rev-Margin DCF ₹30.42 ₹43.65 ₹60.11 74

Widest divergence: Multiples (₹46.69) versus Asset-Based (₹21.05). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹1.2B
Revenue growth (YoY) -96.1%
Net margin -32.5%
Operating margin -32.6%
EPS (TTM) ₹-0.9999
Dividend yield 0.4%

Figures from reported company fundamentals · as of Aug 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 30/100

Of which business quality 38 · Market factors (momentum, volatility) 68

Profitability 3
Margins and returns on capital today
Quality Growth 1
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 35
Balance sheet, leverage, solvency risk
Investment 71
Disciplined investing over empire-building
Low Volatility 40
Calm price path (market factor)
Momentum 90
Price trend over the last 3–12 months (market factor)
52W Momentum 65
Distance to the 52-week high (market factor)
Net Issuance 13
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Vipul Limited engages in real estate development and services business in India. Its project portfolio includes residential, commercial, and retail projects, as well as integrated townships and lifestyle gated communities. The company was incorporated in 1991 and is headquartered in Gurugram, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Vipul Limited reported revenue of ₹871M in FY2025 versus ₹372M in FY2021, a compound +23.7%/yr. Reported net income was −₹283M in FY2025.

Growth Quality 15/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
₹871M
Latest YoY
−57.8%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−14.3%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−13.2%
Avg. growth/yr (11Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−9.5%
Revenue +23.7%/yr
FY21 ₹372M
FY22 ₹1.4B
FY23 ₹749M
FY24 ₹2.1B
FY25 ₹871M
Net income
FY21 −₹555M
FY22 −₹418M
FY23 −₹1.2B
FY24 ₹2.3B
FY25 −₹283M

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Cite: Fair Value Calculator (2026). "Vipul Limited Fair Value". https://www.fairvalue-calculator.com/stock/511726

Peer Group

Real Estate · 1883 stocks

How this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Real Estate Development” was too small, so the broader sector is used.)

Quality Score 32 · Bottom 25%
Fair Value upside +150% · Top 25%
Return on assets 1% · Below median
Net margin (TTM) -33% · Bottom 25%
Operating margin (TTM) -33% · Bottom 25%
Revenue growth -96% · Bottom 25%
Dividend yield (TTM) 0.4% · Bottom 25%

Valuation Multiples vs Real Estate median · lower = cheaper

P/S (TTM) 0.01× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 31
FUTURE 0 · sector 7
PAST 0 · sector 15
HEALTH 100 · sector 79
DIVIDEND 7 · sector 66

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Real Estate Development stocks, each showing price versus our Fair Value estimate (as of Aug 15, 2026).

Stock Price Fair Value vs Fair Value
CPI FIM SA OPG 3.38 PLN 0.7300 PLN -78%
Sunteck Realty Limited 512179 ₹299.45 ₹153.98 -49%
Marathon Nextgen Realty Limited 503101 ₹365.10 ₹38.14 -90%
Shri Krishna Devcon Limited 531080 ₹40.01 ₹27.66 -31%
Prerna Infrabuild Limited 531802 ₹25.62 ₹45.68 +78%
Radhe Developers (India) Limited 531273 ₹1.46 ₹3.51 +140%
The Victoria Mills Limited 503349 ₹5,120 ₹11,492 +124%
Rap Media Limited 531583 ₹39.99 ₹99.98 +150%
IDBI Bank Limited 500116 ₹82.87 ₹89.34 +8%
Yes Bank Limited 532648 ₹22.85 ₹14.65 -36%

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Frequently asked questions

Is Vipul Limited (511726) overvalued or undervalued?
As of Aug 15, 2026, our model estimates a fair value of ₹35.78 versus a price of ₹14.31, about +150% (undervalued).
What is the fair value of 511726?
Our model-based fair value for Vipul Limited is ₹35.78 (as of Aug 15, 2026), built from audited fundamentals. The current price is ₹14.31.
What is the quality score of 511726?
Vipul Limited has a Quality Score of 30/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Vipul Limited (511726)?
Vipul Limited reported trailing-twelve-month revenue of about ₹1.2B (latest available figure, as of Aug 15, 2026).
What is the net profit margin of 511726?
The net profit margin of Vipul Limited is about -32.5%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Vipul Limited pay a dividend?
Vipul Limited currently shows a dividend yield of about 0.36% relative to its recent price (as of Aug 15, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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