Income Statement Vapi Enterprise Limited

Stocks

VAPIPPR

INE464D01014

Paper Products

Delayed Bombay S.E. Other stock markets 10:30:04 30/07/2026 am IST			5-day change	1st Jan Change
155.65 ^INR	+4.99%		+27.58%	+28.64%

27/05	Vapi Enterprise Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026	CI
12/02	Vapi Enterprise Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2025	CI

d05a2d8dd7971ef445b817.9VkKlHEMHsMlVvyr9aK6KZQ3AAfGD5h4zrNkuz7Wctw.hj9noBQ8TqlnLKTPherqZNwHLXaKXaoJjeQJlg6MEJW0CmLmImQssEwctQ

Published financial data: VAPI ENTERPRISE LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	2.31Cr	1.43Cr	1.43Cr	-	-
Other Revenues, Total	53.43L	93.88L	92.44L	25L	-
Total Revenues	2.84Cr	2.37Cr	2.35Cr	25L	-
Cost of Goods Sold, Total	3L	14.61L	7L	42.56T	-
Gross Profit	2.81Cr	2.22Cr	2.28Cr	24.57L	-
Selling General & Admin Expenses, Total	88.34L	77.82L	92.41L	25.08L	23.55L
Depreciation & Amortization - (IS)	18.6L	17.38L	13.09L	47.33T	78.31T
Other Operating Expenses	1.39Cr	1.04Cr	68.69L	38.55L	17.82L
Other Operating Expenses, Total	2.46Cr	1.99Cr	1.74Cr	64.1L	42.15L
Operating Income	35.15L	23.01L	53.94L	-39.52L	-42.15L
Interest Expense, Total	-760	-167	-550	-678	-1.23T
Interest And Investment Income	2L	16.33L	87.86L	1.81Cr	2.18Cr
Net Interest Expenses	2L	16.33L	87.86L	1.81Cr	2.18Cr
Other Non Operating Income (Expenses)	-	-	-	1	-1
EBT, Excl. Unusual Items	36.92L	39.34L	1.42Cr	1.42Cr	1.76Cr
Other Unusual Items	-79.02T	-1L	48Cr	-17.37L	-1L
EBT, Incl. Unusual Items	36.13L	38.16L	49Cr	1.24Cr	1.75Cr
Income Tax Expense	5L	12.65L	10Cr	41L	43.23L
Earnings From Continuing Operations	30.98L	25.51L	38Cr	83.18L	1.32Cr
Net Income to Company	30.98L	25.51L	38Cr	83.18L	1.32Cr
Net Income - (IS)	30.98L	25.51L	38Cr	83.18L	1.32Cr
Net Income to Common Incl Extra Items	30.98L	25.51L	38Cr	83.18L	1.32Cr
Net Income to Common Excl. Extra Items	30.98L	25.51L	38Cr	83.18L	1.32Cr
Per Share Items
Net EPS - Basic	1.36	1.12	168.71	3.65	5.77
Basic EPS - Continuing Operations	1.36	1.12	168.71	3.65	5.77
Basic Weighted Average Shares Outstanding	22.81L	22.81L	22.81L	22.81L	22.81L
Net EPS - Diluted	1.36	1.12	168.71	3.65	5.77
Diluted EPS - Continuing Operations	1.36	1.12	168.71	3.65	5.77
Diluted Weighted Average Shares Outstanding	22.81L	22.81L	22.81L	22.81L	22.81L
Normalized Basic EPS	1.01	1.08	3.88	3.88	4.82
Normalized Diluted EPS	1.01	1.08	3.88	3.88	4.82
Supplemental Items
EBITDA	53.75L	40.39L	67.03L	-39.05L	-41.37L
EBITA	35.15L	23.01L	53.94L	-39.52L	-42.15L
EBIT	35.15L	23.01L	53.94L	-39.52L	-42.15L
EBITDAR	56.75L	42.17L	68.73L	-36.33L	-40.05L
Total Revenues (As Reported)	2.86Cr	2.53Cr	3.23Cr	2.09Cr	2.18Cr
Effective Tax Rate - (Ratio)	14.25	33.15	21.43	33.02	24.73
Total Current Taxes	-	-	-	-	44.18L
Total Deferred Taxes	-	-	-	-	-94.58T
Normalized Net Income	23.07L	24.59L	88.62L	88.46L	1.1Cr
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	26.42T
Selling and Marketing Expenses	-	-	-	-	26.42T
Net Rental Expense, Total	3L	2L	2L	3L	1L
Imputed Operating Lease Interest Expense	22	3	19	309	274
Imputed Operating Lease Depreciation	3L	2L	2L	3L	1L
Maintenance & Repair Expenses, Total	3L	14.61L	7L	42.56T	-

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	62.47L	67.92L	33Cr	33Cr	34Cr
Total Cash And Short Term Investments	62.47L	67.92L	33Cr	33Cr	34Cr
Accounts Receivable, Total	31.57L	23.45L	15.02L	-	-
Other Receivables	-	44.19T	4L	8L	9L
Notes Receivable	2L	79T	-	-	-
Total Receivables	33.86L	24.68L	18.97L	8L	9L
Prepaid Expenses	6.06T	5.12T	22.34T	7.22T	8.36T
Other Current Assets, Total	7L	20Cr	11Cr	31.98L	49.4L
Total Current Assets	1.04Cr	21Cr	45Cr	33Cr	35Cr
Gross Property Plant And Equipment	5.46Cr	5.6Cr	3.45Cr	7L	7L
Accumulated Depreciation	-3.66Cr	-3.84Cr	-2.24Cr	-6L	-7L
Net Property Plant And Equipment	1.8Cr	1.76Cr	1.21Cr	1L	55.79T
Long-term Investments	2L	1L	50T	50T	50T
Accounts Receivable Long-Term	10L	10.46T	-	-	-
Loans Receivable Long-Term	47.89T	2L	2L	2L	-
Deferred Tax Assets Long-Term	-	-	-	-	94.58T
Other Long-Term Assets, Total	46.65L	53.46L	67.92L	2.15Cr	2.15Cr
Total Assets	3.42Cr	24Cr	47Cr	35Cr	37Cr
Liabilities
Accounts Payable, Total	4L	87.96T	1L	-	37.78T
Accrued Expenses, Total	19.26L	28.98L	12Cr	8L	3L
Current Income Taxes Payable	-	-	-	41L	44.18L
Unearned Revenue Current, Total	-	20Cr	-	-	-
Other Current Liabilities	1L	10L	23.8L	12L	12L
Total Current Liabilities	24.42L	21Cr	12Cr	60.62L	59.11L
Long-Term Debt	7.51Cr	7.29Cr	47.48L	47.48L	47.48L
Unearned Revenue Non Current	-	-	-	-	-
Other Non Current Liabilities	95.3L	77.4L	8L	5L	5L
Total Liabilities	8.71Cr	29Cr	13Cr	1.13Cr	1.12Cr
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	-12Cr	27Cr	28Cr	29Cr
Total Common Equity	-5.29Cr	-5.03Cr	33Cr	34Cr	36Cr
Total Equity	-5.29Cr	-5.03Cr	33Cr	34Cr	36Cr
Total Liabilities And Equity	3.42Cr	24Cr	47Cr	35Cr	37Cr
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	-23.17	-22.05	146.66	150.3	156.07
Tangible Book Value	-5.29Cr	-5.03Cr	33Cr	34Cr	36Cr
Tangible Book Value Per Share	-23.17	-22.05	146.66	150.3	156.07
Total Debt	7.51Cr	7.29Cr	47.48L	47.48L	47.48L
Net Debt	6.89Cr	6.61Cr	-33Cr	-32Cr	-33Cr
Debt Equivalent Oper. Leases	24L	14.22L	13.6L	21.76L	10.56L
Account Code - Inventory Valuation	5	5	5	5	3
Land - (BS)	4L	4L	-	-	-
Buildings, Total	4.76Cr	4.9Cr	3.05Cr	-	-
Machinery, Total	66.52L	66.84L	40.19L	7L	7L
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	30.98L	25.51L	38Cr	83.18L	1.32Cr
Depreciation & Amortization - CF	18.6L	17.38L	13.09L	47.33T	78.31T
Depreciation & Amortization, Total	18.6L	17.38L	13.09L	47.33T	78.31T
(Gain) Loss From Sale Of Asset	-	-	-50Cr	19.58L	-
Other Operating Activities, Total	-2L	-22.31L	-87.61L	-1.81Cr	-2.19Cr
Change In Accounts Receivable	12.97L	-19.46L	8.8Cr	15.05L	-
Change In Accounts Payable	-16.39L	-2L	11Cr	-4L	37.78T
Change in Other Net Operating Assets	-44.86T	5L	1L	9.56Cr	-16.33L
Cash from Operations	43.8L	4L	7.81Cr	8.89Cr	-1.03Cr
Capital Expenditure	-40.99T	-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	2L	16.33L	-19Cr	1.81Cr	2.18Cr
Cash from Investing	1L	23.3L	31Cr	2.8Cr	2.18Cr
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-21.64L	-22L	-6.82Cr	-	-
Total Debt Repaid	-21.64L	-22L	-6.82Cr	-	-
Other Financing Activities, Total	-	-	-	-12Cr	-2L
Cash from Financing	-21.64L	-22L	-6.82Cr	-12Cr	-2L
Miscellaneous Cash Flow Adjustments	-1	-	1	-	-
Net Change in Cash	23.52L	5L	32Cr	-19.16L	1.14Cr
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Levered Free Cash Flow	4L	32.43L	1.41Cr	-97.29L	-45.41L
Unlevered Free Cash Flow	4L	32.43L	1.41Cr	-97.28L	-45.4L
Change In Net Working Capital	36.47L	-14.81L	-94.13L	71.51L	19.84L
Net Debt Issued / Repaid	-21.64L	-22L	-6.82Cr	-	-

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	6.35	1.07	0.96	-0.6	-0.73
Return on Total Capital	10.08	6.41	1.86	-0.72	-0.74
Return On Equity %	-5.69	-4.95	270.8	2.46	3.76
Return on Common Equity	-5.69	-4.95	270.8	2.46	3.76
Margin Analysis
Gross Profit Margin %	98.89	93.82	96.9	98.3	-
SG&A Margin	31.1	32.9	39.25	100.32	-
EBITDA Margin %	18.92	17.07	28.47	-156.2	-
EBITA Margin %	12.37	9.73	22.91	-158.1	-
EBIT Margin %	12.37	9.73	22.91	-158.1	-
Income From Continuing Operations Margin %	10.9	10.78	1.63T	332.7	-
Net Income Margin %	10.9	10.78	1.63T	332.7	-
Net Avail. For Common Margin %	10.9	10.78	1.63T	332.7	-
Normalized Net Income Margin	8.12	10.39	37.64	353.86	-
Levered Free Cash Flow Margin	1.3	13.71	59.86	-389.15	-
Unlevered Free Cash Flow Margin	1.3	13.71	59.86	-389.14	-
Asset Turnover
Asset Turnover	0.82	0.18	0.07	0.01	-
Fixed Assets Turnover	1.51	1.33	1.59	0.41	-
Receivables Turnover (Average Receivables)	7.75	5.19	7.43	-	-
Short Term Liquidity
Current Ratio	4.25	1.03	3.57	54.82	58.45
Quick Ratio	3.85	0.04	2.66	54.29	57.61
Operating Cash Flow to Current Liabilities	1.79	0	0.63	14.66	-1.74
Days Sales Outstanding (Average Receivables)	47.07	70.38	49.1	-	-
Average Days Payable Outstanding	784.74	59.17	48.42	-	-
Long Term Solvency
Total Debt/Equity	-142.11	-144.94	1.42	1.38	1.33
Total Debt / Total Capital	337.47	322.5	1.4	1.37	1.32
LT Debt/Equity	-142.11	-144.94	1.42	1.38	1.33
Long-Term Debt / Total Capital	337.47	322.5	1.4	1.37	1.32
Total Liabilities / Total Assets	254.43	121.37	28.06	3.19	3.04
EBIT / Interest Expense	4.63T	13.78T	9.81T	-5.83T	-3.43T
EBITDA / Interest Expense	7.07T	24.19T	12.19T	-5.76T	-3.36T
(EBITDA - Capex) / Interest Expense	7.02T	15.72T	12.19T	-5.99T	-3.36T
Total Debt / EBITDA	13.98	18.06	0.71	-1.22	-1.15
Net Debt / EBITDA	12.81	16.37	-48.55	82.85	80.96
Total Debt / (EBITDA - Capex)	14.08	27.78	0.71	-1.17	-1.15
Net Debt / (EBITDA - Capex)	12.91	25.19	-48.55	79.71	80.96
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-12.16	-16.73	-0.48	-89.38	-
Gross Profit, 1 Yr. Growth %	-12.04	-21	2.79	-89.23	-
EBITDA, 1 Yr. Growth %	-28.45	-24.86	65.95	-158.26	5.93
EBITA, 1 Yr. Growth %	-43.08	-34.54	134.42	-173.28	6.65
EBIT, 1 Yr. Growth %	-43.08	-34.54	134.42	-173.28	6.65
Earnings From Cont. Operations, 1 Yr. Growth %	-39.71	-17.64	14.99T	-97.84	58.17
Net Income, 1 Yr. Growth %	-39.71	-17.64	14.99T	-97.84	58.17
Normalized Net Income, 1 Yr. Growth %	-41.14	6.55	260.46	-0.18	24.34
Diluted EPS Before Extra, 1 Yr. Growth %	-39.71	-17.64	14.99T	-97.84	58.17
Accounts Receivable, 1 Yr. Growth %	13.1	-25.73	-35.94	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	-9.2	-1.8	-31.64	-98.88	-58.63
Total Assets, 1 Yr. Growth %	-2.02	587.82	97.53	-23.85	3.68
Tangible Book Value, 1 Yr. Growth %	-5.54	-4.83	-764.99	2.49	3.84
Common Equity, 1 Yr. Growth %	-5.54	-4.83	-764.99	2.49	3.84
Cash From Operations, 1 Yr. Growth %	8.29	-90.53	18.74T	13.73	-111.56
Capital Expenditures, 1 Yr. Growth %	-96.95	3.35T	-	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-94.34	779.32	334.59	-169.03	-53.32
Unlevered Free Cash Flow, 1 Yr. Growth %	-94.4	778.22	334.59	-169.03	-53.33
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-0.49	-14.47	-8.97	-67.49	-
Gross Profit, 2 Yr. CAGR %	3.21	-16.64	-9.89	-66.72	-
EBITDA, 2 Yr. CAGR %	42.42	-26.67	11.67	-1.67	-21.44
EBITA, 2 Yr. CAGR %	151.7	-38.96	23.87	31.06	-11.6
EBIT, 2 Yr. CAGR %	151.7	-38.96	23.87	31.06	-11.6
Earnings From Cont. Operations, 2 Yr. CAGR %	241.03	-29.54	1.01T	80.56	-81.51
Net Income, 2 Yr. CAGR %	241.03	-29.54	1.01T	80.56	-81.51
Normalized Net Income, 2 Yr. CAGR %	210.08	-20.8	95.98	89.69	11.41
Diluted EPS Before Extra, 2 Yr. CAGR %	241.03	-29.54	1.01T	80.56	-81.51
Accounts Receivable, 2 Yr. CAGR %	6.2	-8.35	-31.02	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-6.49	-5.57	-18.07	-91.26	-93.2
Total Assets, 2 Yr. CAGR %	2.38	159.6	268.6	22.65	-11.15
Tangible Book Value, 2 Yr. CAGR %	-6.98	-5.18	151.57	161.06	3.16
Common Equity, 2 Yr. CAGR %	-6.98	-5.18	151.57	161.06	3.16
Cash From Operations, 2 Yr. CAGR %	219.88	-67.98	322.4	1.36T	-63.75
Capital Expenditures, 2 Yr. CAGR %	-78.11	2.56	-	-66.98	-
Levered Free Cash Flow, 2 Yr. CAGR %	-72.25	-29.44	518.18	73.21	-43.24
Unlevered Free Cash Flow, 2 Yr. CAGR %	-72.91	-29.85	517.79	73.2	-43.24
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-3.85	-6.23	-10.04	-55.52	-
Gross Profit, 3 Yr. CAGR %	-4.06	-5.59	-10.61	-55.61	-
EBITDA, 3 Yr. CAGR %	-2.81	15.08	-3.73	-10.1	0.8
EBITA, 3 Yr. CAGR %	-0.14	60.66	-4.41	3.99	22.36
EBIT, 3 Yr. CAGR %	-0.14	60.66	-4.41	3.99	22.36
Earnings From Cont. Operations, 3 Yr. CAGR %	11.75	112.37	321.54	38.99	72.76
Net Income, 3 Yr. CAGR %	11.75	112.37	321.54	38.99	72.76
Normalized Net Income, 3 Yr. CAGR %	4.06	117.19	31.25	56.51	64.78
Diluted EPS Before Extra, 3 Yr. CAGR %	11.75	112.37	321.54	38.99	72.76
Accounts Receivable, 3 Yr. CAGR %	-21.23	-5.74	-18.66	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-6.23	-4.96	-15.21	-80.42	-85.32
Total Assets, 3 Yr. CAGR %	-4.63	93.18	137	117.9	15.97
Tangible Book Value, 3 Yr. CAGR %	-4.57	-6.27	81.5	86.49	91.99
Common Equity, 3 Yr. CAGR %	-4.57	-6.27	81.5	86.49	91.99
Cash From Operations, 3 Yr. CAGR %	15.04	-1.05	168.34	172.76	191.49
Capital Expenditures, 3 Yr. CAGR %	-57.44	18.24	-	55.51	-
Levered Free Cash Flow, 3 Yr. CAGR %	-48.25	-12.18	29.34	197.69	11.88
Unlevered Free Cash Flow, 3 Yr. CAGR %	-46.54	-13.63	28.84	197.56	11.87
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-4.21	-4.74	-5.93	-38.62	-
Gross Profit, 5 Yr. CAGR %	-3.63	-5.16	-6.44	-37.79	-
EBITDA, 5 Yr. CAGR %	-5.17	-5.15	2.74	8.06	-11.25
EBITA, 5 Yr. CAGR %	-3.73	-3.36	8.85	48.09	-7.35
EBIT, 5 Yr. CAGR %	-3.73	-3.36	8.85	48.09	-7.35
Earnings From Cont. Operations, 5 Yr. CAGR %	-1.4	13.86	180.42	99.02	20.69
Net Income, 5 Yr. CAGR %	-1.4	13.86	180.42	99.02	20.69
Normalized Net Income, 5 Yr. CAGR %	0.61	10.13	34.05	105.74	22.92
Diluted EPS Before Extra, 5 Yr. CAGR %	-1.4	13.86	180.42	99.02	20.69
Accounts Receivable, 5 Yr. CAGR %	-3.62	26.05	-25.3	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-6.65	-5.64	-11.16	-63.41	-69.09
Total Assets, 5 Yr. CAGR %	-2.72	44.97	63.79	61.08	60.08
Tangible Book Value, 5 Yr. CAGR %	-3.87	-4.41	40.63	41.2	44.78
Common Equity, 5 Yr. CAGR %	-3.87	-4.41	40.63	41.2	44.78
Cash From Operations, 5 Yr. CAGR %	8.34	-43.1	93.55	190.71	20.49
Capital Expenditures, 5 Yr. CAGR %	-54.82	12.86	-	-29.02	-
Levered Free Cash Flow, 5 Yr. CAGR %	7.85	-20.52	39.58	15.24	-6.96
Unlevered Free Cash Flow, 5 Yr. CAGR %	-13.56	-21.21	42.29	14.09	-7.18