VIP Clothing Ltd
Incorporated in 1991, VIP Clothing Ltd
is a manufacturer, marketer, and distributor
of Men’s and Women’s inner wear and socks[1]
- Market Cap ₹ 374 Cr.
- Current Price ₹ 41.7
- High / Low ₹ 53.2 / 28.0
- Stock P/E 68.5
- Book Value ₹ 20.5
- Dividend Yield 0.00 %
- ROCE 6.21 %
- ROE 3.38 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 18.8% CAGR over last 5 years
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 6.58% over past five years.
- Company has a low return on equity of -1.19% over last 3 years.
- Company has high debtors of 152 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Textiles Textiles & Apparels Garments & Apparels
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
257 | 261 | 194 | 231 | 222 | 207 | 172 | 143 | 183 | 201 | 183 | 237 | |
234 | 233 | 194 | 217 | 212 | 203 | 188 | 140 | 176 | 188 | 188 | 220 | |
Operating Profit | 23 | 28 | -0 | 14 | 10 | 4 | -16 | 3 | 7 | 13 | -5 | 17 |
OPM % | 9% | 11% | -0% | 6% | 5% | 2% | -9% | 2% | 4% | 6% | -3% | 7% |
1 | 0 | 7 | -6 | 1 | 2 | 3 | 2 | 2 | 8 | 0 | 1 | |
Interest | 13 | 13 | 13 | 12 | 11 | 9 | 10 | 11 | 10 | 9 | 9 | 8 |
Depreciation | 4 | 5 | 4 | 3 | 3 | 3 | 4 | 4 | 4 | 3 | 3 | 3 |
Profit before tax | 8 | 11 | -9 | -8 | -3 | -7 | -28 | -10 | -4 | 8 | -16 | 7 |
Tax % | 34% | 36% | 5% | -5% | 18% | -5% | -46% | -89% | -46% | 20% | -22% | 22% |
5 | 7 | -10 | -7 | -3 | -6 | -15 | -1 | -2 | 7 | -13 | 5 | |
EPS in Rs | 0.68 | 0.89 | -1.20 | -0.89 | -0.37 | -0.75 | -1.81 | -0.13 | -0.27 | 0.80 | -1.53 | 0.61 |
Dividend Payout % | 24% | 27% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -1% |
5 Years: | 7% |
3 Years: | 9% |
TTM: | 29% |
Compounded Profit Growth | |
---|---|
10 Years: | -2% |
5 Years: | 19% |
3 Years: | 65% |
TTM: | 143% |
Stock Price CAGR | |
---|---|
10 Years: | -2% |
5 Years: | 41% |
3 Years: | 16% |
1 Year: | 22% |
Return on Equity | |
---|---|
10 Years: | -3% |
5 Years: | -1% |
3 Years: | -1% |
Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 13 | 13 | 13 | 13 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 18 |
Reserves | 78 | 83 | 80 | 143 | 178 | 135 | 120 | 119 | 117 | 135 | 122 | 167 |
95 | 98 | 94 | 96 | 80 | 83 | 79 | 93 | 103 | 89 | 81 | 82 | |
61 | 61 | 56 | 88 | 89 | 68 | 57 | 42 | 48 | 46 | 52 | 63 | |
Total Liabilities | 247 | 255 | 243 | 341 | 364 | 302 | 272 | 270 | 285 | 286 | 271 | 329 |
72 | 67 | 62 | 171 | 166 | 109 | 109 | 107 | 104 | 97 | 99 | 97 | |
CWIP | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
175 | 186 | 182 | 170 | 198 | 194 | 163 | 163 | 181 | 188 | 171 | 232 | |
Total Assets | 247 | 255 | 243 | 341 | 364 | 302 | 272 | 270 | 285 | 286 | 271 | 329 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
35 | 12 | 10 | 10 | -17 | 7 | 14 | 6 | -4 | 13 | 10 | -37 | |
-5 | -4 | 2 | 12 | 3 | -1 | 3 | -1 | -0 | 11 | -0 | 4 | |
-31 | -8 | -11 | -21 | 15 | -6 | -16 | -2 | 1 | -14 | -21 | 34 | |
Net Cash Flow | -1 | -0 | 0 | 1 | 1 | 0 | 2 | 2 | -3 | 10 | -11 | 0 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 80 | 106 | 103 | 84 | 107 | 106 | 103 | 154 | 120 | 122 | 116 | 152 |
Inventory Days | 228 | 216 | 367 | 268 | 323 | 336 | 302 | 330 | 311 | 240 | 281 | 233 |
Days Payable | 75 | 74 | 108 | 59 | 69 | 63 | 68 | 96 | 106 | 84 | 125 | 119 |
Cash Conversion Cycle | 232 | 248 | 362 | 292 | 361 | 380 | 338 | 387 | 326 | 279 | 272 | 267 |
Working Capital Days | 160 | 173 | 249 | 212 | 266 | 283 | 272 | 325 | 264 | 229 | 217 | 251 |
ROCE % | 11% | 12% | -2% | 5% | 3% | 1% | -8% | 0% | 2% | 5% | -3% | 6% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 26 May
- Announcement under Regulation 30 (LODR)-Investor Presentation 25 May
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Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
23 May - VIP Clothing reports FY25 profit, unmodified audit opinion; reappoints auditors for 5 years pending AGM approval.
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Board Meeting Outcome for Financial Results - Quarter And Financial Year Ended With 31.03.2025
23 May - Audited FY25 results approved; profit Rs.545.65L; DMKH & Co. reappointed as auditors for 5 years.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
22 May - Annual Secretarial Compliance Report FY25; minor XBRL filing delay fined Rs.5900; no major violations.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Concalls
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May 2025TranscriptNotesPPT
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Feb 2025TranscriptNotesPPT
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Nov 2024TranscriptNotesPPT
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Nov 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Jan 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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May 2019TranscriptNotesPPT
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Feb 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
Business Profile[1]
The company is involved in manufacturing, marketing, and distribution of men’s and women’s innerwear and socks under the brand names VIP, Frenchie, Feelings, and Leade