Vippy Spinpro Ltd (VIPPYSP) Share Price & Fundamentals

What we do

Vippy Spinpro Ltd is a manufacturer of high-quality cotton yarn using advanced rotor spinning technology.

Founded in

1,993

Market share

Prominent player in India's cotton yarn spinning industry with state-of-the-art production facilities.

Problem solved

Provides contamination-controlled cotton yarn tailored for diverse textile industry needs ensuring quality and consistency.

Top clients or who we serve

Supplies cotton yarn to textile manufacturers, serving primarily B2B customers in the textile sector.

Key management

Shri Piyush Mutha (Managing Director, B.E. & MBA, 31 years experience)

Our journey and innovations

Started with 7 MT/day capacity; expanded to 25 MT/day and installed advanced Saurer rotor spinning machines.

Where we operate

Primarily operates in India, with potential exports to textile industry markets.

Top products or what we offer

Cotton yarn varieties including waxed, slub, low twist, soft, and contamination-controlled yarns.

Top brands

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Raw materials needed

100% cotton for yarn production.

Raw materials supplier

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Recurring vs cyclical contribution

Revenue driven mainly from recurring bulk yarn sales to textile manufacturers.

Our industry position

A recognized player with modern technology and growing production capacity in cotton yarn manufacturing.

Financial highlights

Total Revenue ₹250.5 crore; Net Profit ₹4.35 crore for FY2023-24; Moderate growth with ongoing modernization.

Geographical revenue split

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Order book

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Whats driving growth

Capacity expansion, advanced machinery installation, and rising demand for quality cotton yarn.

Our future plans

Modernization and expansion projects with continued machinery upgrades to optimize profitability.

Our green promise

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Our people and values

Committed workforce with policies supporting diversity and employee development.

Key challenges ahead

Managing cost pressures and competitive market dynamics while scaling production.

Interesting facts

ISO 9001:2008 certified since 2004 with a 35 tons per day yarn production capacity.

Risks and strategy

Focus on risk management through internal controls and modernization to mitigate operational and market risks.