1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Apparel - Footwear & Accessories
VIP Clothing Ltd.

VIP Clothing Ltd.

VIPCLOTHNG.BO
VIP Clothing Ltd.IN flagBombay Stock Exchange
25.26
INR
+0.66
- -
2.24BMarket Cap
VIP Clothing Ltd.
VIPCLOTHNG.BO
(Bombay Stock Exchange)

Recent

price

25.26

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
31.29
30.76
34.89
36.01
36.52
25.96
26.74
26.77
24.97
20.82
17.24
21.89
24.08
21.88
27.35
- -
28.1
Revenue per Share
0.06
0.55
0.3
0.65
0.95
-1.33
-0.85
-0.37
-0.75
-1.81
-0.13
-0.27
0.8
-1.52
0.63
- -
1.09
Basic EPS, GAAP
-0.88
2.82
0.01
4
1.33
0.97
1.12
-2.12
0.77
1.7
0.64
-0.43
1.56
1.24
-4.39
- -
- -
Free Cash Flow per Basic Share
0.54
0.24
0.35
0.31
0.3
0.3
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
4.3
4.36
4.37
4.71
3.47
10.46
8.18
4.23
3.46
1.62
1.49
1.25
2.01
0.46
1.23
- -
2
Book Value per Share
12.79
12.13
12.17
12.61
12.24
5.05
3.55
10.68
9.92
8.13
7.95
7.75
9.9
8.31
13.3
- -
13.84
Tangible Book Value per Share
71
71
71
71
71
75
87
83
83
83
83
83
83
83
87
- -
90
Basic Weighted Avg Shares
2,237
2,199
2,495
2,574
2,611
1,945
2,315
2,211
2,063
1,720
1,424
1,808
1,989
1,817
2,369
2,538
2,538
Sales/Revenue/Turnover
4.79
7.87
7.13
7.83
9.22
-0.5
6.84
3.43
0.2
-9.74
1.52
3.17
5.98
-4.11
5.79
7.98
7.98
Operating Margin (%)
43
39
34
35
49
49
41
34
33
42
39
38
31
27
29
26
26
Depreciation Expense
16
46
28
53
70
-99
-74
-31
-62
-150
-10
-22
66
-127
55
98
98
Net Income, GAAP
- -
17.38
35.12
33.91
35.82
- -
- -
- -
- -
- -
- -
- -
20.11
- -
22.3
21.56
21.56
Effective Tax Rate (%)
0.73
2.11
1.14
2.07
2.68
-5.11
-3.19
-1.39
-3
-8.69
-0.73
-1.22
3.34
-6.96
2.3
3.86
3.86
Profit Margin (%)
341
350
311
324
322
383
438
874
838
541
477
454
607
409
857
986
986
Working Capital
13
40
- -
- -
- -
21
4
3
2
43
52
114
82
81
42
29
29
LT Debt
1,040
993
996
1,028
994
1,637
1,562
1,585
1,518
1,366
1,351
1,334
1,512
1,383
1,846
1,944
1,944
Total Equity
- -
9.83
6.01
6.94
8.14
- -
- -
- -
- -
- -
- -
- -
4.05
- -
4.53
6.08
6.08
Return on Invested Capital (%)
- -
22.65
2.3
10.52
12.19
- -
- -
- -
- -
- -
- -
- -
11.17
- -
13.21
18.49
18.49
Return on Capital (%)
1.22
12.76
6.91
14.3
23.23
-19.26
-9.91
-5.81
-19.51
-71.37
-8.14
-19.54
49.23
-123.96
75.41
68.32
68.32
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
725
- -
668
LT Borrowings
3
- -
2
LT Finance Leases
29
- -
27
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
90
- -
90
Market Capitalization
2,995
2,819
1,351

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
2,130
- -
2,170
Cash, Cash Equivalents & STI
94
- -
104
Accounts Receivable, Net
1,117
- -
958
Inventories
822
- -
955
Total Current Liabilities
1,195
- -
1,184
Payables & Accruals
- -
- -
- -
ST Debt
725
- -
668
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.38%
8.47%
5.32%
Free Cash Flow
-159.68%
-254.45%
-153.23%
Net Income, GAAP
-57.62%
-128.43%
79.78%
Sales/Revenue/Turnover
3.99%
13.17%
7.15%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
537
523
449
308
1,817
2025
501
592
626
649
2,369
2026
654
661
508
715
2,538

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
-0.3
-0.41
- -
-1.52
2025
0.03
0.1
0.22
0.28
0.63
2026
0.25
0.25
0.1
0.49
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
VIP Clothing Limited (VIPCLOTHNG.BO) manufactures, markets and distributes innerwear, socks and related apparel primarily in India. The company offers men's, women's and kids' products including vests, briefs, trunks, boxer shorts, thermals, handkerchiefs, socks and footwear under the VIP, Frenchie, Frenchie X, Feelings, Leader, Brat and Eminence brands; Feelings specializes in women's lingerie such as nursing bras and sanitary panties, while Rivolta provides outerwear and leisurewear. VIP Clothing Limited operates through over 110,000 retail stores via 550 dealers across India, six regional offices and digital channels, with exports to international markets; it maintains vertically integrated operations from cotton sourcing to finished garments and holds TUV-ISO 9000 certification. Founded in 1971 as Hybo Hindustan and headquartered in Mumbai, India, the company rebranded from Maxwell Industries Limited in 2016. Recent developments include the launch of the Rivolta outerwear and leisurewear collection, expansion into footwear, socks and accessories, appointment of supermodel Ujjwala Raut as brand ambassador for Feelings, and a strategic retail partnership with Lulu Malls announced in September 2025 to enhance presence in premium shopping destinations with dedicated displays for VIP, Frenchie, Frenchie X and Yuva Series brands.