Vipul (NSE:VIPULLTD) ROIC %: -0.63% (As of Dec. 2025)


NSE:VIPULLTD Vipul Ltd NSE:VIPULLTD
43 GF Score
Price ₹12.98
GF Value ₹6.98
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Vipul ROIC %?

Vipul NSE:VIPULLTD +4.93% 43 ROIC % is -0.63% as of Dec. 2025. GuruFocus rates NSE:VIPULLTD with a GF Score™ of 43/100 and a GF Value™ of ₹6.98 (Significantly Overvalued). The stock has 5 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Vipul's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was -0.63%.

As of today (2026-06-26), Vipul's WACC % is 14.10%. Vipul's ROIC % is -3.74% (calculated using TTM income statement data). Vipul earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Vipul  (NSE:VIPULLTD) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Vipul's WACC % is 14.10%. Vipul's ROIC % is -3.74% (calculated using TTM income statement data). Vipul earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Vipul ROIC % Related Terms


Vipul ROIC % Historical Data

* Premium members only.

The historical data trend for Vipul's ROIC % 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.

Vipul ROIC % Chart

Vipul Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.44 -1.15 0.91 5.61 -1.30

Vipul Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 -8.19 -4.41 -1.15 -0.63

Vipul ROIC % Competitor Comparison

For the Real Estate - Diversified subindustry, Vipul's ROIC %, along with its competitors' market caps and ROIC % 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.


Vipul ROIC % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Vipul's ROIC % distribution charts can be found below:

* The bar in red indicates where Vipul's ROIC % falls into.


NSE:VIPULLTD
43GF Score
Vipul Ltd NSE:VIPULLTD
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vipul ROIC % Calculation

Vipul's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2025 is calculated as:

ROIC % (A: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2024 ) + Invested Capital (A: Mar. 2025 ))/ count )
=-145.719 * ( 1 - 0% )/( (11170.239 + 11183.204)/ 2 )
=-145.719/11176.7215
=-1.30 %

where

Invested Capital(A: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=12553.092 - 959.089 - ( 423.764 - max(0, 8875.796 - 11013.256+423.764))
=11170.239

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=11895.988 - 510.212 - ( 202.572 - max(0, 8090.11 - 10534.141+202.572))
=11183.204

Vipul's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2025 is calculated as:

ROIC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-64.26 * ( 1 - 0% )/( (10217.609 + 0)/ 1 )
=-64.26/10217.609
=-0.63 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=11909.144 - 452.321 - ( 1239.214 - max(0, 7746.498 - 10575.503+1239.214))
=10217.609

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of -0.63% mean?
Vipul (NSE:VIPULLTD) has a ROIC % of -0.63% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Vipul and its competitors.
Is Vipul's ROIC % too high?
Vipul's current ROIC % is -0.63%. Overall, Vipul has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vipul's ROIC % compare to competitors?
Vipul's ROIC % of -0.63% can be compared against companies in the Real Estate industry. The industry median ROIC % is 2.19. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Real Estate company?
The median ROIC % among Real Estate companies is 2.19, based on 1,757 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Vipul and its competitors. For the Real Estate industry, the median ROIC % is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vipul's current ROIC % is -0.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vipul stock overvalued right now?
Based on GuruFocus' analysis, Vipul (NSE:VIPULLTD) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹6.98, compared to a current price of ₹12.98 — trading 86% above its estimated fair value. The current ROIC % is -0.63%. Vipul's overall GF Score™ is 43/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Vipul (NSE:VIPULLTD), the current ROIC % is -0.63% as of Dec. 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.

Is Vipul (NSE:VIPULLTD) Overvalued in 2026?

Based on GuruFocus' analysis, Vipul stock appears to be overvalued. The current stock price of ₹12.98 is trading 86% above its estimated GF Value™ of ₹6.98. GuruFocus considers Vipul to be Significantly Overvalued.

Key valuation signals for NSE:VIPULLTD:

  • ROIC %: -0.63%
  • GF Value™: ₹6.98 vs. price of ₹12.98 (86% above fair value)
  • GF Score™: 43/100 with 5 warning signs

No single metric tells the full story. See the NSE:VIPULLTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vipul Business Description

Other Exchanges 511726:India
Address Golf Course Road, Sector-43, Vipul TechSquare, Gurgaon, HR, IND, 122009
Vipul Ltd is an India-based company engaged in the business of Real Estate. Its projects include a range of residential, commercial, retail, integrated townships, and lifestyle gated communities, built in partnership with contractors and consultants. The company's project includes Gurgaon: Tatvam Villas, Vipul Plots, Vipul Garden, Vipul Greens, Vipul Plaza, Vipul Square, Vipul Belmonte, Vipul Floors, Vipul Agora, Ardee City, Vipul Agora, Vipul Trade Center, Vipul Business Park, Vipul Plaza, Faridabad, Vipul Plaza, Bhubaneswar.
43GF Score

Get the complete analysis for NSE:VIPULLTD

ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹12.98
Price
₹6.98
GF Value