Income Statement Vapi Enterprise Limited

Stocks

VAPIPPR

INE464D01014

Paper Products

Market Closed - Bombay S.E. 03:32:26 04/09/2026 pm IST			5-day change	1st Jan Change
124.95 ^INR	-0.08%		-4.69%	+3.26%

30/07	Vapi Enterprise Ltd. Announces Board and Committee Changes, Effective July 30, 2026	CI
30/07	Vapi Enterprise Limited Reports Earnings Results for the First Quarter Ended June 30, 2026	CI

5edc69943ca519ebdf48897f86ca.26p3Vg0mNq4f0CZhXwAYzUBOUvuQsTov2kpXo7_36_4.vvogZUVeA_1N_W0KGmhQhwU3Fs3l-m536QI-zYuHv46Czx4QPk1g1iaAaw

Published financial data: VAPI ENTERPRISE LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Revenues	1.43Cr	1.43Cr	-	-	-
Other Revenues, Total	93.88L	92.44L	25L	-	-
Total Revenues	2.37Cr	2.35Cr	25L	-	-
Cost of Goods Sold, Total	14.61L	7L	42.56T	-	-
Gross Profit	2.22Cr	2.28Cr	24.57L	-	-
Selling General & Admin Expenses, Total	77.82L	92.41L	25.08L	23.55L	29.84L
Depreciation & Amortization - (IS)	17.38L	13.09L	47.33T	78.31T	16.69T
Other Operating Expenses	1.04Cr	68.69L	38.55L	17.82L	14.41L
Other Operating Expenses, Total	1.99Cr	1.74Cr	64.1L	42.15L	44.42L
Operating Income	23.01L	53.94L	-39.52L	-42.15L	-44.42L
Interest Expense, Total	-167	-550	-678	-1.23T	-
Interest And Investment Income	16.33L	87.86L	1.81Cr	2.18Cr	2.32Cr
Net Interest Expenses	16.33L	87.86L	1.81Cr	2.18Cr	2.32Cr
Other Non Operating Income (Expenses)	-	-	1	-1	-
EBT, Excl. Unusual Items	39.34L	1.42Cr	1.42Cr	1.76Cr	1.88Cr
Gain (Loss) On Sale Of Investments	-	-	-	-	8L
Other Unusual Items	-1L	48Cr	-17.37L	-1L	2L
EBT, Incl. Unusual Items	38.16L	49Cr	1.24Cr	1.75Cr	1.98Cr
Income Tax Expense	12.65L	10Cr	41L	43.23L	48.41L
Earnings From Continuing Operations	25.51L	38Cr	83.18L	1.32Cr	1.49Cr
Net Income to Company	25.51L	38Cr	83.18L	1.32Cr	1.49Cr
Net Income - (IS)	25.51L	38Cr	83.18L	1.32Cr	1.49Cr
Net Income to Common Incl Extra Items	25.51L	38Cr	83.18L	1.32Cr	1.49Cr
Net Income to Common Excl. Extra Items	25.51L	38Cr	83.18L	1.32Cr	1.49Cr
Per Share Items
Net EPS - Basic	1.12	168.71	3.65	5.77	6.55
Basic EPS - Continuing Operations	1.12	168.71	3.65	5.77	6.55
Basic Weighted Average Shares Outstanding	22.81L	22.81L	22.81L	22.81L	22.81L
Net EPS - Diluted	1.12	168.71	3.65	5.77	6.55
Diluted EPS - Continuing Operations	1.12	168.71	3.65	5.77	6.55
Diluted Weighted Average Shares Outstanding	22.81L	22.81L	22.81L	22.81L	22.81L
Normalized Basic EPS	1.08	3.88	3.88	4.82	5.14
Normalized Diluted EPS	1.08	3.88	3.88	4.82	5.14
Supplemental Items
EBITDA	40.39L	67.03L	-39.05L	-41.37L	-44.25L
EBITA	23.01L	53.94L	-39.52L	-42.15L	-44.42L
EBIT	23.01L	53.94L	-39.52L	-42.15L	-44.42L
EBITDAR	42.17L	68.73L	-36.33L	-40.05L	-41L
Total Revenues (As Reported)	2.53Cr	3.23Cr	2.09Cr	2.18Cr	2.41Cr
Effective Tax Rate - (Ratio)	33.15	21.43	33.02	24.73	24.47
Total Current Taxes	-	-	-	44.18L	47.15L
Total Deferred Taxes	-	-	-	-94.58T	1L
Normalized Net Income	24.59L	88.62L	88.46L	1.1Cr	1.17Cr
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	-	-	-	26.42T	40.06T
Selling and Marketing Expenses	-	-	-	26.42T	40.06T
Net Rental Expense, Total	2L	2L	3L	1L	3L
Imputed Operating Lease Interest Expense	3	19	309	274	-
Imputed Operating Lease Depreciation	2L	2L	3L	1L	-
Maintenance & Repair Expenses, Total	14.61L	7L	42.56T	-	-

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Assets
Cash And Equivalents	67.92L	33Cr	33Cr	34Cr	35.37L
Short Term Investments	-	-	-	-	24Cr
Total Cash And Short Term Investments	67.92L	33Cr	33Cr	34Cr	25Cr
Accounts Receivable, Total	23.45L	15.02L	-	-	-
Other Receivables	44.19T	4L	8L	9L	10L
Notes Receivable	79T	-	-	-	-
Total Receivables	24.68L	18.97L	8L	9L	10L
Prepaid Expenses	5.12T	22.34T	7.22T	8.36T	7.38T
Other Current Assets, Total	20Cr	11Cr	31.98L	49.4L	54.63L
Total Current Assets	21Cr	45Cr	33Cr	35Cr	25Cr
Gross Property Plant And Equipment	5.6Cr	3.45Cr	7L	7L	7L
Accumulated Depreciation	-3.84Cr	-2.24Cr	-6L	-7L	-7L
Net Property Plant And Equipment	1.76Cr	1.21Cr	1L	55.79T	39.1T
Long-term Investments	1L	50T	50T	50T	9L
Accounts Receivable Long-Term	10.46T	-	-	-	-
Loans Receivable Long-Term	2L	2L	2L	-	-
Deferred Tax Assets Long-Term	-	-	-	94.58T	-
Other Long-Term Assets, Total	53.46L	67.92L	2.15Cr	2.15Cr	13Cr
Total Assets	24Cr	47Cr	35Cr	37Cr	38Cr
Liabilities
Accounts Payable, Total	87.96T	1L	-	37.78T	-
Accrued Expenses, Total	28.98L	12Cr	8L	3L	3L
Current Income Taxes Payable	-	-	41L	44.18L	47.15L
Unearned Revenue Current, Total	20Cr	-	-	-	-
Other Current Liabilities	10L	23.8L	12L	12L	12L
Total Current Liabilities	21Cr	12Cr	60.62L	59.11L	61.94L
Long-Term Debt	7.29Cr	47.48L	47.48L	47.48L	47.48L
Unearned Revenue Non Current	-	-	-	-	-
Deferred Tax Liability Non Current	-	-	-	-	31.31T
Other Non Current Liabilities	77.4L	8L	5L	5L	5L
Total Liabilities	29Cr	13Cr	1.13Cr	1.12Cr	1.14Cr
Common Stock, Total	2.28Cr	2.28Cr	2.28Cr	2.28Cr	2.28Cr
Additional Paid In Capital	4.34Cr	4.34Cr	4.34Cr	4.34Cr	4.34Cr
Retained Earnings	-12Cr	27Cr	28Cr	29Cr	30Cr
Total Common Equity	-5.03Cr	33Cr	34Cr	36Cr	37Cr
Total Equity	-5.03Cr	33Cr	34Cr	36Cr	37Cr
Total Liabilities And Equity	24Cr	47Cr	35Cr	37Cr	38Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	22.81L	22.81L	22.81L	22.81L	22.81L
ECS Total Common Shares Outstanding	22.81L	22.81L	22.81L	22.81L	22.81L
Book Value / Share	-22.05	146.66	150.3	156.07	162.62
Tangible Book Value	-5.03Cr	33Cr	34Cr	36Cr	37Cr
Tangible Book Value Per Share	-22.05	146.66	150.3	156.07	162.62
Total Debt	7.29Cr	47.48L	47.48L	47.48L	47.48L
Net Debt	6.61Cr	-33Cr	-32Cr	-33Cr	-24Cr
Debt Equivalent Oper. Leases	14.22L	13.6L	21.76L	10.56L	26L
Account Code - Inventory Valuation	5	5	5	3	3
Land - (BS)	4L	-	-	-	-
Buildings, Total	4.9Cr	3.05Cr	-	-	-
Machinery, Total	66.84L	40.19L	7L	7L	7L
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Net Income	25.51L	38Cr	83.18L	1.32Cr	1.49Cr
Depreciation & Amortization - CF	17.38L	13.09L	47.33T	78.31T	16.69T
Depreciation & Amortization, Total	17.38L	13.09L	47.33T	78.31T	16.69T
(Gain) Loss From Sale Of Asset	-	-50Cr	19.58L	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-8L
Other Operating Activities, Total	-22.31L	-87.61L	-1.81Cr	-2.19Cr	-2.31Cr
Change In Accounts Receivable	-19.46L	8.8Cr	15.05L	-	-
Change In Accounts Payable	-2L	11Cr	-4L	37.78T	-37.78T
Change in Other Net Operating Assets	5L	1L	9.56Cr	-16.33L	-6Cr
Cash from Operations	4L	7.81Cr	8.89Cr	-1.03Cr	-6.91Cr
Capital Expenditure	-14.14L	-	-2L	-	-
Sale of Property, Plant, and Equipment	20.11L	51Cr	1.01Cr	755	-
Investment in Marketable and Equity Securities, Total	1L	8L	-	-	-
Other Investing Activities, Total	16.33L	-19Cr	1.81Cr	2.18Cr	2.32Cr
Cash from Investing	23.3L	31Cr	2.8Cr	2.18Cr	2.32Cr
Long-Term Debt Repaid, Total	-22L	-6.82Cr	-	-	-
Total Debt Repaid	-22L	-6.82Cr	-	-	-
Other Financing Activities, Total	-	-	-12Cr	-2L	3L
Cash from Financing	-22L	-6.82Cr	-12Cr	-2L	3L
Miscellaneous Cash Flow Adjustments	-	1	-	-	-
Net Change in Cash	5L	32Cr	-19.16L	1.14Cr	-4.55Cr
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Levered Free Cash Flow	32.43L	1.41Cr	-97.29L	-45.41L	-30.91L
Unlevered Free Cash Flow	32.43L	1.41Cr	-97.28L	-45.4L	-30.91L
Change In Net Working Capital	-14.81L	-94.13L	71.51L	19.84L	3L
Net Debt Issued / Repaid	-22L	-6.82Cr	-	-	-

Fiscal Period: March	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)	2026 (INR)
Profitability
Return on Assets	1.07	0.96	-0.6	-0.73	-0.74
Return on Total Capital	6.41	1.86	-0.72	-0.74	-0.75
Return On Equity %	-4.95	270.8	2.46	3.76	4.11
Return on Common Equity	-4.95	270.8	2.46	3.76	4.11
Margin Analysis
Gross Profit Margin %	93.82	96.9	98.3	-	-
SG&A Margin	32.9	39.25	100.32	-	-
EBITDA Margin %	17.07	28.47	-156.2	-	-
EBITA Margin %	9.73	22.91	-158.1	-	-
EBIT Margin %	9.73	22.91	-158.1	-	-
Income From Continuing Operations Margin %	10.78	1.63T	332.7	-	-
Net Income Margin %	10.78	1.63T	332.7	-	-
Net Avail. For Common Margin %	10.78	1.63T	332.7	-	-
Normalized Net Income Margin	10.39	37.64	353.86	-	-
Levered Free Cash Flow Margin	13.71	59.86	-389.15	-	-
Unlevered Free Cash Flow Margin	13.71	59.86	-389.14	-	-
Asset Turnover
Asset Turnover	0.18	0.07	0.01	-	-
Fixed Assets Turnover	1.33	1.59	0.41	-	-
Receivables Turnover (Average Receivables)	5.19	7.43	-	-	-
Short Term Liquidity
Current Ratio	1.03	3.57	54.82	58.45	40.69
Quick Ratio	0.04	2.66	54.29	57.61	39.81
Operating Cash Flow to Current Liabilities	0	0.63	14.66	-1.74	-11.15
Days Sales Outstanding (Average Receivables)	70.38	49.1	-	-	-
Average Days Payable Outstanding	59.17	48.42	-	-	-
Long Term Solvency
Total Debt/Equity	-144.94	1.42	1.38	1.33	1.28
Total Debt / Total Capital	322.5	1.4	1.37	1.32	1.26
LT Debt/Equity	-144.94	1.42	1.38	1.33	1.28
Long-Term Debt / Total Capital	322.5	1.4	1.37	1.32	1.26
Total Liabilities / Total Assets	121.37	28.06	3.19	3.04	2.99
EBIT / Interest Expense	13.78T	9.81T	-5.83T	-3.43T	-
EBITDA / Interest Expense	24.19T	12.19T	-5.76T	-3.36T	-
(EBITDA - Capex) / Interest Expense	15.72T	12.19T	-5.99T	-3.36T	-
Total Debt / EBITDA	18.06	0.71	-1.22	-1.15	-1.07
Net Debt / EBITDA	16.37	-48.55	82.85	80.96	54.42
Total Debt / (EBITDA - Capex)	27.78	0.71	-1.17	-1.15	-1.07
Net Debt / (EBITDA - Capex)	25.19	-48.55	79.71	80.96	54.42
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-16.73	-0.48	-89.38	-	-
Gross Profit, 1 Yr. Growth %	-21	2.79	-89.23	-	-
EBITDA, 1 Yr. Growth %	-24.86	65.95	-158.26	5.93	6.97
EBITA, 1 Yr. Growth %	-34.54	134.42	-173.28	6.65	5.38
EBIT, 1 Yr. Growth %	-34.54	134.42	-173.28	6.65	5.38
Earnings From Cont. Operations, 1 Yr. Growth %	-17.64	14.99T	-97.84	58.17	13.6
Net Income, 1 Yr. Growth %	-17.64	14.99T	-97.84	58.17	13.6
Normalized Net Income, 1 Yr. Growth %	6.55	260.46	-0.18	24.34	6.7
Diluted EPS Before Extra, 1 Yr. Growth %	-17.64	14.99T	-97.84	58.17	13.6
Accounts Receivable, 1 Yr. Growth %	-25.73	-35.94	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	-1.8	-31.64	-98.88	-58.63	-29.92
Total Assets, 1 Yr. Growth %	587.82	97.53	-23.85	3.68	4.15
Tangible Book Value, 1 Yr. Growth %	-4.83	-764.99	2.49	3.84	4.2
Common Equity, 1 Yr. Growth %	-4.83	-764.99	2.49	3.84	4.2
Cash From Operations, 1 Yr. Growth %	-90.53	18.74T	13.73	-111.56	-77.05
Capital Expenditures, 1 Yr. Growth %	3.35T	-	-	-	-
Levered Free Cash Flow, 1 Yr. Growth %	779.32	334.59	-169.03	-53.32	-31.92
Unlevered Free Cash Flow, 1 Yr. Growth %	778.22	334.59	-169.03	-53.33	-31.91
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-14.47	-8.97	-67.49	-	-
Gross Profit, 2 Yr. CAGR %	-16.64	-9.89	-66.72	-	-
EBITDA, 2 Yr. CAGR %	-26.67	11.67	-1.67	-21.44	6.45
EBITA, 2 Yr. CAGR %	-38.96	23.87	31.06	-11.6	6.01
EBIT, 2 Yr. CAGR %	-38.96	23.87	31.06	-11.6	6.01
Earnings From Cont. Operations, 2 Yr. CAGR %	-29.54	1.01T	80.56	-81.51	34.04
Net Income, 2 Yr. CAGR %	-29.54	1.01T	80.56	-81.51	34.04
Normalized Net Income, 2 Yr. CAGR %	-20.8	95.98	89.69	11.41	15.18
Diluted EPS Before Extra, 2 Yr. CAGR %	-29.54	1.01T	80.56	-81.51	34.04
Accounts Receivable, 2 Yr. CAGR %	-8.35	-31.02	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-5.57	-18.07	-91.26	-93.2	-46.15
Total Assets, 2 Yr. CAGR %	159.6	268.6	22.65	-11.15	3.91
Tangible Book Value, 2 Yr. CAGR %	-5.18	151.57	161.06	3.16	4.02
Common Equity, 2 Yr. CAGR %	-5.18	151.57	161.06	3.16	4.02
Cash From Operations, 2 Yr. CAGR %	-67.98	322.4	1.36T	-63.75	-11.86
Capital Expenditures, 2 Yr. CAGR %	2.56	-	-66.98	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	-29.44	518.18	73.21	-43.24	-43.63
Unlevered Free Cash Flow, 2 Yr. CAGR %	-29.85	517.79	73.2	-43.24	-43.63
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-6.23	-10.04	-55.52	-	-
Gross Profit, 3 Yr. CAGR %	-5.59	-10.61	-55.61	-	-
EBITDA, 3 Yr. CAGR %	15.08	-3.73	-10.1	0.8	-12.93
EBITA, 3 Yr. CAGR %	60.66	-4.41	3.99	22.36	-6.27
EBIT, 3 Yr. CAGR %	60.66	-4.41	3.99	22.36	-6.27
Earnings From Cont. Operations, 3 Yr. CAGR %	112.37	321.54	38.99	72.76	-66.14
Net Income, 3 Yr. CAGR %	112.37	321.54	38.99	72.76	-66.14
Normalized Net Income, 3 Yr. CAGR %	117.19	31.25	56.51	64.78	9.81
Diluted EPS Before Extra, 3 Yr. CAGR %	112.37	321.54	38.99	72.76	-66.14
Accounts Receivable, 3 Yr. CAGR %	-5.74	-18.66	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-4.96	-15.21	-80.42	-85.32	-85.2
Total Assets, 3 Yr. CAGR %	93.18	137	117.9	15.97	-6.32
Tangible Book Value, 3 Yr. CAGR %	-6.27	81.5	86.49	91.99	3.5
Common Equity, 3 Yr. CAGR %	-6.27	81.5	86.49	91.99	3.5
Cash From Operations, 3 Yr. CAGR %	-1.05	168.34	172.76	191.49	-4.04
Capital Expenditures, 3 Yr. CAGR %	18.24	-	55.51	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	-12.18	29.34	197.69	11.88	-39.69
Unlevered Free Cash Flow, 3 Yr. CAGR %	-13.63	28.84	197.56	11.87	-39.69
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-4.74	-5.93	-38.62	-	-
Gross Profit, 5 Yr. CAGR %	-5.16	-6.44	-37.79	-	-
EBITDA, 5 Yr. CAGR %	-5.15	2.74	8.06	-11.25	-3.82
EBITA, 5 Yr. CAGR %	-3.36	8.85	48.09	-7.35	4.79
EBIT, 5 Yr. CAGR %	-3.36	8.85	48.09	-7.35	4.79
Earnings From Cont. Operations, 5 Yr. CAGR %	13.86	180.42	99.02	20.69	36.99
Net Income, 5 Yr. CAGR %	13.86	180.42	99.02	20.69	36.99
Normalized Net Income, 5 Yr. CAGR %	10.13	34.05	105.74	22.92	38.45
Diluted EPS Before Extra, 5 Yr. CAGR %	13.86	180.42	99.02	20.69	36.99
Accounts Receivable, 5 Yr. CAGR %	26.05	-25.3	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-5.64	-11.16	-63.41	-69.09	-70.66
Total Assets, 5 Yr. CAGR %	44.97	63.79	61.08	60.08	62.04
Tangible Book Value, 5 Yr. CAGR %	-4.41	40.63	41.2	44.78	47.65
Common Equity, 5 Yr. CAGR %	-4.41	40.63	41.2	44.78	47.65
Cash From Operations, 5 Yr. CAGR %	-43.1	93.55	190.71	20.49	73.6
Capital Expenditures, 5 Yr. CAGR %	12.86	-	-29.02	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	-20.52	39.58	15.24	-6.96	52.99
Unlevered Free Cash Flow, 5 Yr. CAGR %	-21.21	42.29	14.09	-7.18	52.95