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Awaiting price reaction for this filing.
Vipul Organics has submitted a press release to the BSE sharing an ET Manufacturing article about its growth plans. The company is commissioning a new Greenfield facility in Sayakha, Gujarat, which will expand pigment capacity from about 2,000 tonnes per year to nearly 10,000 tonnes per year, with production expected to start in roughly 12 weeks. The Managing Director expects a significant improvement in EBITDA once the plant is operational, with further expansion planned after the first phase stabilises by early 2026. The company has also diversified into membrane manufacturing since 2023, leveraging technical expertise from within the founding family, and is expanding its global footprint with a new office in Delaware and entry into Central and Latin American markets. FY2024-25 revenue stands at ₹163 crore, and the company spends 6-7% of revenue on R&D.
For shareholders, this is a positive strategic update: a 5x capacity expansion at Sayakha and entry into the high-potential membrane segment could drive meaningful revenue and margin growth over the next 12-18 months. The stock may see positive sentiment, though actual results will depend on timely commissioning and successful ramp-up of the new plant.