Vipul Organics Ltd — Important, 05-06-2026: Company Update
05th June, 2026
To,
The Manager
Department of Corporate Services
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort, Mumbai - 400 001
Scrip Code: 530627
Sub: Company Presentation for “Exclusive Conference” scheduled on
Saturday, 06th June, 2026
This is further to our communication dated May 20, 2026, regarding receipt
of an invitation by the Company for an “Exclusive Conference” which will be
jointly hosted by the Ashika Group and CNI Infoxchange offering an
opportunity to the Investor Community to interact with the Management team
of our Company, to be scheduled on Saturday, 06th June, 2026 between 10.00
a.m. to 3.00 p.m. at Altimus Level, 35, Dr. G.M. Bhosale Marg, Worli, Mumbai
- 400018.
Pursuant to the provisions of Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (LODR), Please
find attached herewith Company presentation to be made thereat.
The above is submitted for information and record.
Thanking you,
Yours Faithfully
For VIPUL ORGANICS LIMITED
VIPUL SHAH
CHAIRMAN & MANAGING DIRECTOR
DIN: 00181636
Encl. : Company Presentation
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50+ Years in the COLOR
INDUSTRY
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LEADERSHIP & PASSION OF THREE GENERATIONS and
TECHNOCRATS
Shri. Late Pravin Bhai Shah
Founder
Mr. Vipul Shah
CMD
Mr. Mihir Shah
Executive Director
Dr. S. N. Sahai
Board Member
Ms. Megha Bhati
Board Member
Mr. Siddhan
Board Member
Rupesh Aggarwal(CA)
Board Member
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1968- Set up first
manufacturing company
Kaveri Chemicals in Thane
1972 - Set up of Vipul
Dyechem
Navi Mumbai
1980 Commencement of
exports
with customer to
Indonesia
1987 – Palghar plant
set up
1988 –Jayapriya
chemical Industries Pvt
ltd Vapi plant
1993 Set up of Ortho
Dianiside
Plant ( Now World’s
Largest)
28th June,1995 Vipul
becomes Listed entity
at BSE
1995 Export House
certified
1996 Set up of Ambernath
plant
2000 Entered European
Market
2001 Entered US Market
2017 Company rebranded as
Vipul Organics Ltd
2019 Implemented SAP
2020 Commencement at
Tarapur Plant
2021 Acquisition of Sayakha
plot in Gujarat
2022 Rewarded with ISO
45001:2018 & ISO 14001:
2015
2026 Commencement of
Sayakha plant
Milestones
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Vision
“Make each individual’s life on the planet colourful
with our wide pallet of colours”
Mission
“To develop and nurture long lasting business
relationships with our customers by increasing
the ambit and application of our Colours,
providing ace quality and economical coloring
solutions that meet the changing needs of our
global clients”
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Exporting to 56+ Countries
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Think Tank
BOD
MD
20 R&D
20
CHEMIST
110+
EXECUTIVES
450+
WORKFORCE
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•Chemistry
•Process
•Quality
Pigments
•Customers
•Employees
•Environment
People
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What Makes Vipul Organics Truly Special?
Industry and Product
Nature
A vertically integrated colour
chemistry powerhouse
Full vertical integration — raw
materials to finished
dispersions under one roof
13 product categories, 2,400+
SKUs across pigments, dyes &
intermediates
4 manufacturing sites in
Maharashtra & Gujarat; ISO
9001:2015 & ZLD compliant
55+ years of uninterrupted
specialty colour chemistry
manufacturing
Market Opportunity
Riding India’s specialty
chemicals supercycle
USD 220B+ India chemicals
market among top 6 producers
globally
Specialty segment targeting
USD 100B+ by 2035; growing at
~4–5% CAGR
China+1 tailwind driving global
sourcing shift toward India
56+ country export footprint
diversified geography, limited
single-market risk
Dispersion (Key
Differentiator)
Moats built over five decades,
not five quarters
World’s #1 ODA / Blue B Base
producer strong global position
OEKO-TEX ECO PASSPORT
across pigment & reactive dye
range
REACH, GOTS & ZDHC Level 3
access to premium EU/US
markets
68.64% promoter holding 3rd-
gen leadership, strong
conviction
Multi-decade OEM relationships
across textiles, paints &
coatings
Specialized Application
Colour for every industry,
certified for the most
demanding
Textiles & apparel reactive,
direct & acid dyes; OEKO-TEX &
GOTS
Paints, coatings & plastics
SunCoat® dispersions &
SunTone® powders
Food & cosmetics SunLake®
range; Halal, Kosher & GMP
compliant
Paper, leather & printing inks
SunPulp®, SunDirect®, SunPrint®
Water treatment new
membrane segment; import
substitution play
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Certification of Vipul Organics
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Product Mix- continuous innovation
Speciality Chemicals
Food Color
Pigments
Napthols
Dyestuff
Fast
Bases/Salts
Pigment
Dispersions
Vat Dyes
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Flagship brand for
Pigment Powder
(Major Focus Area)
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Pigment Dispersions
•Benefits
•Reduces pigment loss
•Enables direct application
•Saves time & improves
efficiency
•Strong customer preference
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New vertical
Membranes & Water Treatment
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Water Treatment
Solution
Membrane Manufacturing
Designing Solution
Turnkey Projects :
Municipality, Industrial ( STP, ETP) , Civil
Infrastructure
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Brands of Adimem
FLUXA Series – Spiral Wound membranes for MF, UF, NF, and RO
TUBIONIQ Series – Tubular UF membranes
ARISE Series – MBR membranes (Flat Sheet and Hollow Fiber)
FYBRIN Series – Hollow Fibre UF membranes
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Manufacturing Units
•We have 3 facilities at Palghar, located ~80 km from
Mumbai
•Manufacture: Pigment Dispersions, Pigment
Intermediates, Fast Bases & Vat Dyes
Palghar
•~100 km north of Mumbai, near Palghar
•Manufactures: Pigment Powders & Pigment Dispersions
Tarapur
•~60 km south of Mumbai, well connected by rail & road
•Produces: Naphthols, Pigment Powders, Pigment
Dispersions, Reactive Dyes, Acid Dyes & Direct Dyes
Ambernath
•High performance and Organic Pigments
•World class Membrane production
Sayakha,
Gujarat
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Tarapur Unit
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Tarapur
Infrastructure
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Ambernath Unit
Manufacturing Pigment and
Pigment dispersion
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Palghar Unit •World’s Largest producer of Blue B Base
•Zero Liquid Discharge Facility
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Market Opportunity In Pigments
Indian dyes, pigments
& intermediates
market: ~USD 17
Billion, growing at ~8%
YoY
India contributes
~10% to global
dyestuff market;
capacity ~5 Million
Tons
Maharashtra &
Gujarat contribute
~90% of production
Organic pigments
dominate with ~44%
share; Vipul Organics
among key players
USA largest export
market (~20%); strong
global demand
presence
Global market: $34B
(2023) → $65B by 2030
→ strong growth
outlook
Source:https://www.grandviewresearch.com/horizon/outlook/dyes-and-pigments-
market/india
Source: https://www.fortunebusinessinsights.com/dyes-pigments-market-102333
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Strategic expansion in
new product category
The company has fulfilled first commercial order for a
newly developed organic intermediate to be used in
Automotive industry
The approval process took over 18 months after an
initial trial shipment was exported
We expect increasing demand for this compound in
coming years, establishing a robust revenue stream
from the automotive sector
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Membrane (Key to Water Management)
Global membrane market: $7.41B
(2025) → $11.48B (2033), CAGR
5.62%; driven by water scarcity,
strict regulations,
pharma/food/industrial growth
3+ years R&D completed; in-
house membrane developed
(earlier imported); critical for ZLD
applications
India market: ~5% of global,
import-dependent → strong
domestic opportunity
Led by PhD (UK), 7+ yrs
experience; exhibitions planned
(overseas & Mumbai) in next 3
months
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Financials at Glance (YoY)
FY 2025-26FY 2024-25YoY Growth %
ParticularsStandaloneConsolidatedStandaloneConsolidatedS'loneConsol.
Total Revenue 17,539.5717,539.5716,280.0116,280.01▲ 7.74%▲ 7.74%
PBT 954.92953.18635.61633.52▲ 50.24%▲ 50.44%
PAT 691.96690.22444.62442.53▲ 55.63%▲ 55.99%
EPS 3.843.842.712.70▲ 41.70%▲ 42.22%
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Financials at Glance (QoQ)
Q4 FY26 (Mar 2026)Q3 FY26 (Dec 2025)QoQ Growth %
ParticularsStandaloneConsolidatedStandalon
e
Consolidat
ed
S'loneConsol.
Total Revenue 5,262.385,262.374,637.574,637.57▲13.47%▲ 13.47%
PBT 300.65300.76252.20251.96▲ 19.21%▲ 19.37%
PAT 197.23197.34185.55185.32▲ 6.30%▲ 6.49%
EPS* 1.101.101.101.10▲ 0.00%▲ 0.00%
Q4 FY26 (Mar 2026)Q4 FY25 (Mar 2025)YoY Growth %
ParticularsStandaloneConsolidate
d
StandaloneConsolidate
d
S'loneConsol.
Total Revenue 5,262.385,262.374,397.554,397.55▲ 19.67%▲ 19.67%
PBT 300.65300.76117.62116.47▲ 155.60%▲
158.25%
PAT197.23197.3479.3478.20▲ 148.59%▲
152.35%
EPS*1.101.100.480.47▲ 129.17%▲
134.04%
Quarterly Results (YoY): (Rupees in Lakhs except EPS)
Quarterly Results (QoQ): (Rupees in Lakhs except EPS)
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A Market Built to Reward the Compliant & Integrated
India's specialty chemicals wave, VOL positioned at its most defensible intersection
USD 220B+
India chemicals market top 6
globally
USD 100B+
Specialty chemicals target by
2035
4-5%
Dyes & pigments CAGR
2025-2035
50+
Countries VOL actively
exports to
STRUCTURAL TAILWINDS
China+1 sourcing shift
global buyers diversifying; India gaining durable export share in dyes & pigments
EU/US regulatory tightening
REACH & OEKO-TEX now a qualifier; VOL certified across full range
Eco-certified demand surge
premium buyers shifting to traceable solutions; VOL's ZDHC Level 3 captures this
Domestic demand acceleration
textiles, paints, plastics & FMCG expanding; ~65% revenue from exports today
END-MARKET BREADTH —DEMAND DIVERSIFICATION ACROSS 8 SECTORS
Textiles &
Apparel
Reactive, direct &
acid dyes -
OEKO-TEX
Paints &
Coatings
SurCoat®
dispersions •
coatings
Plastics &
Masterbatch
Azo &
phthalocyanine
pigment powders
Printing Inks
SunPrint® digital
& screen
Food &
Cosmetics
SunLake® -Halal
& Kosher
Paper &
Packaging
SunPrip® tinting
& coloration
Leather
SunDirect® &
SunCoat® dyes
Water Treatment
(New)
Membrane
segment entry
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Building a Colorful
Tomorrow
Thank You
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Safe Harbour
Statement
This release may include certain 'forward
looking statements', based on current
expectations, forecasts and assumptions
within the meaning of applicable laws and
regulations. They are subject to risks and
uncertainties which could cause actual
outcomes and results to differ materially
from these statements. The Company
disclaims any obligation to revise any
forward-looking statements.
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