Vigor Plast India (NSE:VIGOR) Debt-to-Equity: 0.18 (As of Sep. 2025) — 96% Below Median

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NSE:VIGOR Vigor Plast India Ltd NSE:VIGOR
19 GF Score
Price ₹94.25
! 2 Warning Signs
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What is Vigor Plast India Debt-to-Equity?

Vigor Plast India NSE:VIGOR +4.96% 19 Debt-to-Equity is 0.18 as of Sep. 2025, which is 96% below its 10-year median of 4.72. GuruFocus rates NSE:VIGOR with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 1,617 Construction companies, Vigor Plast India ranks better than 69.7% on this metric.

Vigor Plast India's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was ₹65.6 Mil. Vigor Plast India's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was ₹0.0 Mil. Vigor Plast India's Total Stockholders Equity for the quarter that ended in Sep. 2025 was ₹361.6 Mil. Vigor Plast India's debt to equity for the quarter that ended in Sep. 2025 was 0.18.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Vigor Plast India's Debt-to-Equity or its related term are showing as below:

NSE:VIGOR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18   Med: 4.72   Max: 9.37
Current: 0.18

During the past 4 years, the highest Debt-to-Equity Ratio of Vigor Plast India was 9.37. The lowest was 0.18. And the median was 4.72.

NSE:VIGOR's Debt-to-Equity is ranked better than
69.7% of 1617 companies
in the Construction industry
Industry Median: 0.4 vs NSE:VIGOR: 0.18

Vigor Plast India  (NSE:VIGOR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Vigor Plast India Debt-to-Equity Related Terms


Vigor Plast India Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Vigor Plast India's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vigor Plast India Debt-to-Equity Chart

Vigor Plast India Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Debt-to-Equity
9.37 6.90 4.72 1.39

Vigor Plast India Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Sep25
Debt-to-Equity 9.37 6.90 4.72 1.39 0.18

NSE:VIGOR vs TT, JCI, CARR: Debt-to-Equity Comparison

For the Building Products & Equipment subindustry, Vigor Plast India's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vigor Plast India Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, Vigor Plast India's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vigor Plast India's Debt-to-Equity falls into.


NSE:VIGOR
19GF Score
Vigor Plast India Ltd NSE:VIGOR
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Vigor Plast India Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vigor Plast India's Debt to Equity Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Vigor Plast India's Debt to Equity Ratio for the quarter that ended in Sep. 2025 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.18 mean?
Vigor Plast India (NSE:VIGOR) has a Debt-to-Equity of 0.18 as of Sep. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Vigor Plast India and its competitors. This is 96% below median its historical median of 4.72. Over the past decade, Vigor Plast India's Debt-to-Equity has ranged from 0.18 to 9.37. According to the industry distribution chart, Vigor Plast India ranks #490 out of 1617 companies in the Construction industry, placing it in the top 30.3%.
Is Vigor Plast India's Debt-to-Equity too high?
Vigor Plast India's current Debt-to-Equity of 0.18 is 96% below median its 10-year median of 4.72. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 9.37. The Construction industry median Debt-to-Equity is 0.40. Vigor Plast India's value of 0.18 is 55% below this industry median. Based on the distribution chart, Vigor Plast India ranks #490 out of 1617 companies in the Construction industry, which is above the industry midpoint. Overall, Vigor Plast India has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Vigor Plast India's Debt-to-Equity compare to TT and JCI?
According to the Construction industry distribution chart, Vigor Plast India ranks #490 out of 1617 companies for Debt-to-Equity. This puts Vigor Plast India in the upper half of its industry. The industry median Debt-to-Equity is 0.40. Vigor Plast India's value of 0.18 is 55% below this benchmark. Historically, Vigor Plast India's own Debt-to-Equity has ranged from 0.18 to 9.37 over the past decade. While the company's 10-year median is 4.72 vs. the industry median of 0.40, Vigor Plast India has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,617 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vigor Plast India's current Debt-to-Equity of 0.18 is 55% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Vigor Plast India and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vigor Plast India's current Debt-to-Equity is 0.18, which is 96% below median its own 10-year median of 4.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vigor Plast India stock overvalued right now?
Vigor Plast India (NSE:VIGOR) has a current Debt-to-Equity of 0.18. The current Debt-to-Equity is 0.18, which is 96% below median its 10-year median of 4.72 and 55% below the Construction industry median of 0.40. Vigor Plast India's overall GF Score™ is 19/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Vigor Plast India (NSE:VIGOR), the current Debt-to-Equity is 0.18 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vigor Plast India Business Description

Address Survey No. 640/3, Lalpur Road, Behind Gujarat Gas CNG Pump Godown Zone, Dared, Village: Chela, Jamnagar, GJ, IND, 361 006
Vigor Plast India Ltd is focused on the trading of PVC pipes and fittings. It is engaged in producing Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC), and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings, and related products. It is a manufacturer and supplier of a comprehensive range of Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC), and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings, and related products for various applications in plumbing, irrigation, and SWR (Soil, Waste, and Rainwater) management. The company caters to both rural and urban markets and provides longlasting solutions for water distribution, wastewater management, and drainage.
19GF Score

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₹94.25
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