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 ₹ 20.4
  • Dividend Yield 0.00 %
  • ROCE -28.9 %
  • ROE -91.8 %
  • Face Value ₹ 2.00
Edit ratios

Pros

Cons

  • Stock is trading at 14.7 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -26.1% 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

Consolidated Figures in Rs. Crores / View Standalone

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
451 636 546 546 516 639 544 501 494 561 406 454 436
386 556 493 494 508 590 546 472 488 537 513 531 518
Operating Profit 64 81 53 52 8 49 -2 29 6 25 -106 -77 -82
OPM % 14% 13% 10% 10% 2% 8% -0% 6% 1% 4% -26% -17% -19%
-43 28 3 3 4 2 6 2 8 7 15 75 4
Interest 8 11 12 15 17 18 20 18 17 17 18 16 20
Depreciation 20 21 24 27 28 29 30 30 30 32 33 32 31
Profit before tax -6 77 19 13 -33 4 -46 -17 -33 -17 -142 -50 -129
Tax % -34% 25% 31% 46% -28% -9% -28% -26% -16% -23% 1% 5% 0%
-4 58 13 7 -24 4 -33 -12 -27 -13 -143 -53 -129
EPS in Rs -0.30 4.08 0.94 0.50 -1.68 0.28 -2.33 -0.87 -1.93 -0.92 -10.08 -3.72 -9.07
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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 1,252 1,410 1,785 1,714 619 1,290 2,082 2,245 2,178 1,858
938 1,082 1,117 1,214 1,558 1,418 683 1,143 1,765 2,047 2,090 2,099
Operating Profit 79 110 134 196 227 296 -64 147 317 198 88 -241
OPM % 8% 9% 11% 14% 13% 17% -10% 11% 15% 9% 4% -13%
7 3 7 9 8 -36 48 36 -16 37 19 101
Interest 3 3 3 2 4 25 31 26 31 59 79 70
Depreciation 18 14 14 13 17 87 78 70 74 99 119 127
Profit before tax 65 95 126 190 215 148 -125 86 197 77 -91 -338
Tax % 29% 30% 32% 33% 32% 25% -22% 22% 22% 29% -25% -0%
47 66 85 127 145 112 -97 67 152 54 -69 -338
EPS in Rs 3.30 4.70 6.03 8.97 10.28 7.91 -6.90 4.73 10.75 3.83 -4.84 -23.79
Dividend Payout % 45% 43% 40% 33% 31% 40% 0% 53% 42% 52% 0% 0%
Compounded Sales Growth
10 Years: 5%
5 Years: 25%
3 Years: -4%
TTM: -15%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -431%
Stock Price CAGR
10 Years: 10%
5 Years: -5%
3 Years: -21%
1 Year: -17%
Return on Equity
10 Years: 3%
5 Years: -8%
3 Years: -26%
Last Year: -92%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 277 311 380 461 553 582 489 531 613 650 588 261
31 14 0 0 86 269 353 298 352 871 751 738
163 231 201 284 404 364 223 371 421 517 489 577
Total Liabilities 499 585 609 773 1,071 1,243 1,094 1,229 1,415 2,067 1,856 1,604
71 67 61 77 117 371 288 265 309 532 507 507
CWIP 1 1 1 3 6 3 2 7 15 14 18 15
Investments 0 0 68 72 1 41 141 42 23 3 6 73
427 517 479 621 948 829 662 915 1,067 1,518 1,326 1,009
Total Assets 499 585 609 773 1,071 1,243 1,094 1,229 1,415 2,067 1,856 1,604

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
14 53 126 85 -56 292 85 -24 175 -132 292 181
-3 -8 -73 -29 16 -85 -145 146 -84 -76 -47 -48
-14 -45 -51 -44 31 -211 74 -126 -75 218 -251 -139
Net Cash Flow -3 0 2 13 -9 -4 14 -3 16 10 -5 -6
Free Cash Flow 9 45 118 55 -115 248 102 -58 69 -231 251 205
CFO/OP 44% 73% 123% 76% 7% 112% -137% -10% 72% -53% 337% -76%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 57 88 62 45 53 62 53
Inventory Days 145 158 153 168 219 208 311 305 217 326 222 146
Days Payable 76 89 78 113 132 135 159 166 112 145 123 138
Cash Conversion Cycle 109 115 109 101 148 130 240 201 150 234 161 60
Working Capital Days 71 74 73 76 85 72 62 91 57 48 36 -21
ROCE % 20% 28% 34% 43% 38% 29% -12% 13% 28% 8% -2% -29%

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