Vippy Spinpro Ltd

Vippy Spinpro Ltd – Company Report


1. Company Overview


Vippy Spinpro Ltd, established in 1992 and headquartered in Dewas, Madhya Pradesh, is a leading manufacturer in India’s cotton yarn spinning sector. The company is renowned for its specialization in open end (OE) cotton yarn, catering to a broad range of requirements across the textiles industry. With decades of operational experience, Vippy Spinpro has positioned itself as a trusted partner for textile manufacturers, offering state-of-the-art production capabilities and a commitment to consistent product quality and innovation. The company is publicly listed and managed under the direction of Mr. Piyush Mutha.

Vippy Spinpro operates an advanced spinning unit with a daily production capacity of approximately 35 tons and a wide range of modern machinery, delivering high-quality yarn counts from 6s to 20s. Prioritizing quality and technological advancement, the company embraces stringent contamination control and utilizes cutting-edge spinning technology. Vippy Spinpro primarily serves the domestic market and maintains select exports, with a strong focus on customer satisfaction and operational efficiency.

  • Headquarters: Dewas, Madhya Pradesh, India
  • Industry Focus: Cotton yarn, textile spinning
  • Market Position: Specialized in OE cotton yarn, slub yarns, and technical yarns
  • Key Management: Managing Director – Mr. Piyush Mutha
  • Certifications: Quality-driven production processes and contamination control standards

2. Products and Services


Vippy Spinpro Ltd offers a diverse portfolio of cotton yarn products and related services tailored for multiple textile applications:

  • Cotton Yarn Manufacturing:

    • Open End (OE) cotton yarn in counts ranging from 6s to 20s
    • Waxed yarn, slub yarns, low twist and soft yarns
    • Contamination-free yarns and yarns with advanced CSP (Count Strength Product) values (1450–2000)
  • Special Purpose and Technical Yarns:

    • Multi-count and multi-twist yarns
    • TFO (Two-for-One) spun yarns up to 5 ply
    • Fancy yarns, artistic canvas yarns, and specialty yarn for industrial fabrics
  • Product Applications:

    • Yarn for denim, terry towels, home furnishing, surgical cloth, industrial fabric, home textiles, and canvas production
    • Custom solutions for evolving needs of textile and apparel manufacturers
  • Quality Control and Customer Service:

    • Double contamination control in preparatory stages
    • Technical assistance, prompt service, and product customization to client requirements

3. Recent News and Financial Performance


Business Highlights

  • Consistent production volumes and high-quality outputs have supported the company's strong operational record.
  • The company has focused on product diversification, modern machinery, and contamination control, strengthening its position in the OE cotton yarn segment.
  • Products are marketed primarily in India, with select exports and ongoing technological upgrades aimed at boosting productivity and efficiency.

4. Financial Performance (FY2025)


Metric FY2025 Value
Total Revenue ₹279 crore
Net Profit ₹11.5 crore
EPS ₹19.57
Operating Profit Margin 9%
Return on Equity (ROE) 14%
Dividend Not Declared

Financial Summary

FY2025
MetricCompanyIndustry Avg.
Price / Sales0.371.79
EV / EBITDA4.9213.98
Debt / Equity0.380.72
ROE %14.0621.26
ROCE %13.7820.08
P / B1.194.15
Div Yld %00.83
P/E9.0624.56
OPM %9.2813.22
Qtr Sales Growth YOY %10.6517.11
Qtr Profit Growth YOY %-8.2718.39
ROA LAST 12M %8.259.91
Prom. Hold. %66.5865.63
Sales 3Yrs CAGR %26.0828.59
Sales 5Yrs CAGR %20.3520.55
Profit 3Yrs CAGR %-1.4453.57
Profit 5Yrs CAGR %25.334.19

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