V I P Industries Ltd

V I P Inds. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

V I P Industries Ltd

₹ 299 1.03%
29 May - close price
vipindustries.co.in BSE: 507880 NSE: VIPIND
About

VIP Industries is engaged interalia, in the business of manufacturing and marketing of luggage, bags and accessories.

Key Points

Market Leadership:[1]
The company is Asia’s leading and the world’s 2nd-largest manufacturer and retailer of luggage, backpacks, and handbags. It is a leader in the organized and oligopolistic Indian luggage market with a ~38% market share.

Website BSE NSE
  • Market Cap ₹ 4,253 Cr.
  • Current Price ₹ 299
  • High / Low ₹ 492 / 278
  • Stock P/E
  • Book Value ₹ 14.7
  • Dividend Yield 0.00 %
  • ROCE -32.0 %
  • ROE -107 %
  • Face Value ₹ 2.00
Edit ratios

Pros

Cons

  • Stock is trading at 20.4 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -30.6% over last 3 years.
  • Promoter holding has decreased over last 3 years: -8.95%

* 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 Consumer Durables Consumer Durables Plastic Products - Consumer

Part of BSE Consumer Discretionary Nifty Microcap 250 Nifty Total Market BSE 1000 Nifty Smallcap 500

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
440 622 538 541 515 638 544 500 488 561 404 453 431
418 564 514 516 494 591 553 482 492 548 509 515 529
Operating Profit 22 58 24 24 20 46 -9 18 -4 13 -105 -62 -98
OPM % 5% 9% 5% 4% 4% 7% -2% 4% -1% 2% -26% -14% -23%
-10 29 3 6 4 2 3 3 7 1 14 72 6
Interest 7 9 11 14 15 17 19 17 16 16 16 16 19
Depreciation 15 17 20 23 24 26 26 27 28 29 30 29 28
Profit before tax -10 61 -3 -6 -15 6 -51 -22 -40 -31 -138 -35 -139
Tax % 13% 25% -27% -22% -30% 25% -24% -24% -24% -25% 1% 10% 2%
-11 46 -2 -5 -11 4 -38 -17 -31 -23 -139 -38 -142
EPS in Rs -0.80 3.24 -0.17 -0.34 -0.75 0.31 -2.71 -1.19 -2.15 -1.64 -9.79 -2.69 -10.02
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1,017 1,192 1,251 1,410 1,784 1,710 613 1,257 2,020 2,216 2,170 1,849
939 1,087 1,130 1,227 1,581 1,463 689 1,138 1,840 2,086 2,115 2,101
Operating Profit 78 105 121 183 204 247 -76 119 180 129 54 -252
OPM % 8% 9% 10% 13% 11% 14% -12% 9% 9% 6% 3% -14%
7 3 9 10 10 -24 59 47 97 41 15 93
Interest 3 3 3 2 4 24 29 24 25 51 70 67
Depreciation 15 12 11 11 13 78 67 58 58 83 106 117
Profit before tax 67 92 116 179 197 121 -113 84 193 36 -107 -343
Tax % 28% 31% 34% 34% 34% 27% -25% 24% 17% 23% -24% 0%
48 63 76 119 129 89 -85 64 161 28 -81 -343
EPS in Rs 3.39 4.49 5.41 8.39 9.11 6.28 -5.98 4.50 11.36 1.97 -5.73 -24.14
Dividend Payout % 44% 45% 44% 36% 35% 51% 0% 55% 40% 101% 0% 0%
Compounded Sales Growth
10 Years: 4%
5 Years: 25%
3 Years: -3%
TTM: -15%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -388%
Stock Price CAGR
10 Years: 10%
5 Years: -5%
3 Years: -21%
1 Year: -17%
Return on Equity
10 Years: 2%
5 Years: -10%
3 Years: -31%
Last Year: -107%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 28 28 28 28 28 28 28 28 28 28 28 28
Reserves 279 308 370 444 518 519 440 477 579 588 521 180
31 14 0 0 86 251 331 233 289 755 655 700
161 229 207 294 396 353 209 294 350 485 480 506
Total Liabilities 499 580 605 766 1,029 1,151 1,008 1,032 1,246 1,857 1,685 1,415
55 52 49 62 83 311 234 202 238 462 453 459
CWIP 1 1 1 1 4 3 2 6 14 4 8 3
Investments 18 20 88 101 44 89 198 100 76 54 56 113
424 507 468 602 897 748 574 723 918 1,336 1,169 840
Total Assets 499 580 605 766 1,029 1,151 1,008 1,032 1,246 1,857 1,685 1,415

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
13 51 125 84 -64 271 75 -14 63 -116 264 97
-2 -7 -72 -30 23 -67 -139 173 15 -49 -36 -25
-14 -45 -51 -44 31 -207 73 -163 -63 171 -227 -76
Net Cash Flow -3 -0 2 10 -11 -3 9 -5 15 6 1 -4
Free Cash Flow 10 44 117 61 -103 238 96 -31 -6 -193 222 123
CFO/OP 43% 74% 136% 80% 3% 125% -101% -6% 57% -77% 486% -38%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 40 46 35 46 61 56 87 60 44 54 62 52
Inventory Days 140 150 143 156 189 156 205 192 151 231 165 101
Days Payable 74 86 80 115 122 118 136 110 76 117 111 112
Cash Conversion Cycle 106 110 99 86 128 94 156 142 119 167 117 42
Working Capital Days 70 72 68 70 78 59 29 79 58 46 30 -29
ROCE % 20% 28% 32% 42% 36% 27% -12% 14% 25% 5% -3% -32%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Jun 2026 (P)
Number of Employees
Number

Log in to view insights

Please log in to see hidden values.

Login
Number of Manufacturing Facilities
Number
Points of Sale
Number
Towns/Cities Presence
Number
Market Share (Organized Sector)
%
Hard Luggage Revenue Salience
%
Sales Volume
000 Units

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
51.30% 51.23% 51.77% 51.76% 51.75% 51.74% 51.74% 51.74% 51.74% 49.74% 42.35% 42.35%
8.95% 7.76% 7.49% 8.07% 7.32% 7.82% 7.43% 7.68% 7.27% 6.95% 6.73% 7.06%
20.82% 14.70% 12.84% 12.68% 13.76% 12.28% 13.31% 12.75% 13.78% 16.06% 17.42% 16.87%
18.94% 26.32% 27.91% 27.50% 27.18% 28.19% 27.54% 27.86% 27.22% 27.27% 33.51% 33.74%
No. of Shareholders 1,11,0201,15,2461,28,7291,40,8751,42,1461,39,1251,40,6891,41,2171,37,1621,29,3301,27,6631,22,978

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls