Vapi Enterprise Ltd
VAPIENTERBSE
₹122.00▲ +0.00 (+0.00%)
Whole company worth₹13 Cr
Price for ₹1 of profit₹19
1-year range₹90 – ₹173
The short version
A thinly profitable business — priced in line with what it earns.
What Vapi Enterprise does
Vapi Enterprise Limited, formerly Vapi Paper Mills, is now a treasury-income company after disposing of its factory undertaking and halting operations. Surplus funds are held in bank FDRs while management evaluates new business opportunities.
Worked out from Vapi Enterprise's own filed results and exchange data, in plain words. Where a finance term matters, we say what it means.
01What does it do?
Vapi Enterprise is a micro-sized company in paper & paper products.
Vapi Enterprise Limited, formerly Vapi Paper Mills, is now a treasury-income company after disposing of its factory undertaking and halting operations. Surplus funds are held in bank FDRs while management evaluates new business opportunities.
- Whole company is worth
- ₹13 crore
- Run by
- MANOJ RAMANBHAI PATEL
- Shareholders
- 1,294 people
- Listed since
- 1984
A very small company by stock-market value — prices can swing hard and trading can be thin.
03Does it make money?
It earns ₹4 a year on every ₹100 its owners have invested.
On the money its owners have put in
It earns ₹4 a year on every ₹100 its owners have invested.
Bank FD ~₹6–7
₹4
₹-10₹0₹10₹20₹30₹40
That figure is called return on equity (ROE). Under ₹12 is a thin return for the risk of owning shares. For comparison, a bank fixed deposit pays roughly ₹6–7.
Does the profit turn into cash?
For every ₹100 of profit it reported, ₹27 actually came in as cash.
Profit it reported₹3.6 Cr
Cash its business brought in₹1.0 Cr
Over the last 3 years: ₹3.6 crore of profit but only ₹1.0 crore of cash. A wide gap like this is worth understanding before trusting the profit figure.
04Is the price high or low?
You pay ₹19 for every ₹1 of profit it makes in a year.
This is the P/E ratio: share price divided by a year's profit per share. A P/E of 19 means buyers are paying for about 19 years of today's profit up front.
The share price over the past year
It is 29% below its highest price of the past year and 36% above its lowest.
05Who owns it?
Its founders and parent group own 38 of every 100 shares — a large stake, though not a majority.
If the company were split into 100 equal shares, this is who would hold them. 1,294 people and institutions hold its shares.
As filed for the quarter ending 30 Sept 2026. Arrows show the change since the quarter before, in percentage points.
06What is going well, and what to watch
One thing going well, one thing worth watching.
Picked out of the numbers above by fixed rules — the same rules for every company — so nothing here is somebody's opinion.
Going well
- Has almost no debt — it is not at the mercy of lenders.
Worth watching
- Thinly traded — only about ₹1 lakh of shares change hands a day, so buying or selling can move the price.
07What happened lately?
Its latest quarter.
Apr–Jun 2026 is the most recent quarter it has reported. Each figure is compared with the same three months a year earlier, because many businesses sell more in some seasons than others.
Sales
₹0.0 Cr
Profit
₹0.4 Cr
▼ 10.0% on a year earlier
30 Sept 2026
The company's promoter holding remained at 38.35%, with no significant changes in ownership structure.
30 Jun 2026
The latest quarter reported no revenue or profit, continuing a trend of zero earnings since 2025-09-30.
30 Sept 2025
The company recorded a net profit of ₹1 crore, its last positive result before the current quarter.
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Ten years of statements, quarterly results, peers side by side, technical indicators, analyst estimates, bulk deals and filings.
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This page describes Vapi Enterprise using its reported figures and exchange data. It is for information only and is not investment advice or a recommendation to buy, sell or hold. DocStoX is not a SEBI-registered investment adviser or research analyst.
Vapi Enterprise Ltd (VAPIENTER): company summary
The company's business has stagnated, with annual revenue remaining at ₹0 crore and net profit standing at ₹1 crore, unchanged from the previous year.
Vapi Enterprise Ltd (VAPIENTER) is a micro-cap Forest Materials company valued at ₹13 crore operating in Paper & Paper Products on the NSE and BSE.
- Recent price move
- Vapi Enterprise Ltd last traded at ₹122, unchanged on the day.
- Recent developments
- 2026-09-30: The company's promoter holding remained at 38.35%, with no significant changes in ownership structure. 2026-06-30: The latest quarter reported no revenue or profit, continuing a trend of zero earnings since 2025-09-30. 2025-09-30: The company recorded a net profit of ₹1 crore, its last positive result before the current quarter.
- Financial performance
- The company's business has stagnated, with annual revenue remaining at ₹0 crore and net profit standing at ₹1 crore, unchanged from the previous year. The latest quarter shows no profit or revenue, and net profit fell 10.0% compared to the same quarter a year earlier. Margins remain high at 61.8%, but returns are low, with return on equity at 4.0% and return on capital employed at 5.3%.
- Valuation multiples
- The stock trades at 18.6 times earnings, 0.73 times book value.
- Things to watch
- The company has not generated revenue or profit in the latest quarter and has not reported any in the past three quarters. Net profit has declined 10.0% year-over-year, and the stock is 29.4% below its 52-week high. The company's profitability has also slowed, with a 3-year profit CAGR of -66.2%.
- Where it stands
- Vapi Enterprise Ltd has ceased operations and is now a treasury-income company, with no recent revenue or profit. The stock is 29.4% below its 52-week high, and the company's profitability has declined significantly in recent quarters. The last reported net profit was ₹1 crore, but the latest quarter shows no earnings.
Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
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Vapi Enterprise Ltd peers in Forest Materials
Other Forest Materials stocks on the NSE & BSE. See the full Forest Materials sector list.
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