V.I.P. Industries Limited

VIPIND.BO

VIPIND.BOV.I.P. Industries Limited IN flag

Bombay Stock Exchange

383.75

INR

+2.85

(+0.75%)

-4.84EPS

-79.29P/E

54.50BMarket Cap

Aug 04Next Earn

Upgrade to Unlock Non-US CompaniesTo view real-time data and analysis of companies outside of the United States, upgrade your account to our premium subscription.

Upgrade

ISIN

INE054A01027

Return %

Stock

S&P500

-27.08

12.11

-31.47

52.58

78.41

103.52

Use logarithmic scale

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	TTM
Revenue per Share	60.68	59.12	68.83	73.89	85.92	88.41	99.63	126.01	121.15	43.67	91.02	146.83	157.78	153.79
Basic EPS, GAAP	4.78	2.23	4.1	3.3	4.7	6.03	8.97	10.28	7.91	-6.9	4.73	10.76	3.83	-4.58
Free Cash Flow per Basic Share	4.49	4.05	2.12	0.96	3.78	8.31	3.81	-8.16	17.46	5.16	-4.25	4.8	-16.34	- -
Dividend per Share	2.3	1.15	1.74	1.98	1.58	2.17	2.58	3.19	5.16	0.03	2.51	4.51	2.03	- -
Book Value per Share	4.55	4.55	4.52	4.41	2.11	2.04	17.44	23.78	25.31	18.68	20.98	27.21	29.14	- -
Tangible Book Value per Share	17	18.12	20.32	21.53	25.53	28.77	34.47	40.93	42.89	36.42	39.45	45.18	47.62	- -
Basic Weighted Avg Shares	141	141	141	141	141	141	141	141	141	141	141	142	142	143
Sales/Revenue/Turnover	8,575	8,355	9,687	10,442	12,142	12,494	14,079	17,808	17,121	6,172	12,869	20,787	22,378	21,934
Operating Margin (%)	12.2	6.37	6.53	6.01	8.06	9.59	12.99	12.18	12.67	-22.86	6.16	12.27	4.65	-1.07
Depreciation Expense	173	198	170	175	142	136	128	166	868	779	700	737	995	1,170
Net Income, GAAP	676	315	577	466	665	852	1,268	1,453	1,117	-975	669	1,523	543	-653
Effective Tax Rate (%)	29.47	30.51	27.69	28.86	30.12	32.16	33.12	32.41	24.72	- -	22.32	22.49	29.09	- -
Profit Margin (%)	7.88	3.77	5.96	4.46	5.47	6.82	9	8.16	6.53	-15.8	5.2	7.33	2.43	-2.98
Working Capital	1,348	1,497	1,749	2,061	2,738	3,282	3,873	4,321	3,906	3,364	3,834	3,859	3,427	- -
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	1,799	1,611	1,370	1,299	2,813	- -
Total Equity	2,426	2,576	2,870	3,058	3,619	4,079	4,891	5,814	6,101	5,172	5,597	6,417	6,779	- -
Return on Invested Capital (%)	20.03	11.88	15.3	14.01	19.24	20.75	27.27	25.34	21.2	- -	7.34	22.37	6.06	- -
Return on Capital (%)	33.22	26.07	64.12	54.53	97.69	234.88	92.18	43.71	24.57	- -	13.99	25.83	8.62	- -
Return on Common Equity (%)	105.96	48.97	90.18	73.98	144.29	290.97	92.08	49.87	32.21	-31.36	23.88	44.68	13.6	- -

Capital Structure

•

in mil. unless spec.

Working Capital

•

in mil. unless spec.

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	17.6%	21.98%	7.65%
Net Income, GAAP	-20.08%	-63.15%	-64.36%
Free Cash Flow	-123.1%	-244.21%	-441.02%
Total Cash Common Dividend	955.07%	1,895.35%	-54.86%
Total Equity	9.46%	3.65%	5.64%

Growth Rates

•

in mil. unless spec.

Quarterly Revenue

•

in mil. unless spec.

Quarterly Earnings Per Share

•

in mil. unless spec.

Quarterly Dividends Per Share

•

in mil. unless spec.

Company Description

CEO: Mr. Anjan Mohanty
Full Time Employees: 7,515
Sector: Consumer Cyclical
Industry: Apparel - Footwear & Accessories
Address: DGP House, 88C Mumbai India 400025
Website: vipindustries.co.in
Similar Companies: Spenta International Limited (SPENTA.BO)
New Light Apparels Limited (NEWLIGHT.BO)
Delta Plus Group (DLTA.PA)
Namyue Holdings Limited (1058.HK)
Public Joint-Stock Company OR (ORUP.ME)
Hwaseung Enterprise Co., Ltd. (241590.KS)
Business: V.I.P. Industries Limited manufactures and sells luggage, backpacks, and accessories in India. It offers hard luggage and soft luggage bags, including school bags, trolleys, backpacks, suitcases, executive cases, duffels, overnight travel solutions, and handbags. The company provides its products primarily under the VIP, Caprese, Carlton, Skybags, Alfa, and Aristocrat brands through multi-brand outlets, exclusive brand outlets, canteen stores department, and e-commerce platforms. It also exports its products. V.I.P. Industries Limited was incorporated in 1968 and is headquartered in Mumbai, India.

	Jun'25	Sep'25	Dec'25
Total Current Assets	- -	13,355	- -
Accounts Receivable, Net	- -	4,392	- -
Cash, Cash Equivalents & STI	- -	644	- -
Inventories	- -	7,423	- -
Total Current Liabilities	- -	10,242	- -
Payables & Accruals	- -	- -	- -
ST Debt	- -	5,568	- -
Deferred Revenue	- -	- -	- -

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	TTM
Revenue per Share	60.68	59.12	68.83	73.89	85.92	88.41	99.63	126.01	121.15	43.67	91.02	146.83	157.78	153.79
Basic EPS, GAAP	4.78	2.23	4.1	3.3	4.7	6.03	8.97	10.28	7.91	-6.9	4.73	10.76	3.83	-4.58
Free Cash Flow per Basic Share	4.49	4.05	2.12	0.96	3.78	8.31	3.81	-8.16	17.46	5.16	-4.25	4.8	-16.34	- -
Dividend per Share	2.3	1.15	1.74	1.98	1.58	2.17	2.58	3.19	5.16	0.03	2.51	4.51	2.03	- -
Book Value per Share	4.55	4.55	4.52	4.41	2.11	2.04	17.44	23.78	25.31	18.68	20.98	27.21	29.14	- -
Tangible Book Value per Share	17	18.12	20.32	21.53	25.53	28.77	34.47	40.93	42.89	36.42	39.45	45.18	47.62	- -
Basic Weighted Avg Shares	141	141	141	141	141	141	141	141	141	141	141	142	142	143
Sales/Revenue/Turnover	8,575	8,355	9,687	10,442	12,142	12,494	14,079	17,808	17,121	6,172	12,869	20,787	22,378	21,934
Operating Margin (%)	12.2	6.37	6.53	6.01	8.06	9.59	12.99	12.18	12.67	-22.86	6.16	12.27	4.65	-1.07
Depreciation Expense	173	198	170	175	142	136	128	166	868	779	700	737	995	1,170
Net Income, GAAP	676	315	577	466	665	852	1,268	1,453	1,117	-975	669	1,523	543	-653
Effective Tax Rate (%)	29.47	30.51	27.69	28.86	30.12	32.16	33.12	32.41	24.72	- -	22.32	22.49	29.09	- -
Profit Margin (%)	7.88	3.77	5.96	4.46	5.47	6.82	9	8.16	6.53	-15.8	5.2	7.33	2.43	-2.98
Working Capital	1,348	1,497	1,749	2,061	2,738	3,282	3,873	4,321	3,906	3,364	3,834	3,859	3,427	- -
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	1,799	1,611	1,370	1,299	2,813	- -
Total Equity	2,426	2,576	2,870	3,058	3,619	4,079	4,891	5,814	6,101	5,172	5,597	6,417	6,779	- -
Return on Invested Capital (%)	20.03	11.88	15.3	14.01	19.24	20.75	27.27	25.34	21.2	- -	7.34	22.37	6.06	- -
Return on Capital (%)	33.22	26.07	64.12	54.53	97.69	234.88	92.18	43.71	24.57	- -	13.99	25.83	8.62	- -
Return on Common Equity (%)	105.96	48.97	90.18	73.98	144.29	290.97	92.08	49.87	32.21	-31.36	23.88	44.68	13.6	- -

Year	Q1	Q2	Q3	Q4	FY
2023	5,906	5,147	5,264	4,470	20,787
2024	6,361	5,461	5,464	5,092	22,378
2025	6,389	5,443	5,011	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2023	4.88	3.07	3.11	- -	10.76
2024	4.08	0.94	0.5	- -	3.83
2025	0.28	-2.32	-0.88	- -	- -

	Jun'25	Sep'25	Dec'25
ST Debt	- -	5,568	- -
LT Borrowings	- -	- -	- -
LT Finance Leases	- -	2,756	- -
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	- -	142	- -
Market Capitalization	69,391	77,117	68,610

V.I.P. Industries Limited

Growth Rates

(avg. rate of change)

Company Description

Working Capital

Growth Rates

(avg. rate of change)

Capital Structure

Quarterly Revenue

Year

Quarterly Dividends Per Share

Year

Quarterly Earnings Per Share

Year