Based on the Recommendation of Audit Committee, Approved the Appointment of M/s. Protune KSA Consultants Private Limited as Internal Auditor of the Company for conducting the Internal Audit ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vipul Organics reported FY2026 standalone revenue of Rs. 17,539.57 Lakhs, up 7.7% from Rs. 16,280.01 Lakhs in FY2025. Profit after tax grew strongly by 55.6% to Rs. 691.96 Lakhs from Rs. 444.62 Lakhs, with EPS at Rs. 3.84 vs Rs. 2.71. The Board recommended dividend of Rs. 0.80 per share (8%) for FY2026, subject to shareholder approval at the 54th AGM. Statutory auditors issued clean/unmodified audit reports. The company raised Rs. 27.54 Crore via preferential issue in December 2025 (reduced from planned Rs. 35.24 Crore due to non-participation by some allottees); funds are temporarily parked in fixed deposits as utilization has not yet begun. A Rights Issue of Rs. 20.41 Crore from April 2025 was fully utilized. Capital work-in-progress increased significantly from Rs. 928 Lakhs to Rs. 3,894 Lakhs, indicating expansion activity at Saykha, Gujarat. M/s Protune KSA Consultants Private Limited was appointed as Internal Auditor for FY 2026-27.
Strong PAT growth of 55.6% and positive operating cash flow of Rs. 1,051.47 Lakhs are positives for shareholders. The modest 7.7% revenue growth and significant capital expansion spending warrant monitoring. The clean audit and dividend recommendation provide confidence, but the preferential issue dilution and fund deployment delays should be noted.