| Quarterly Financials | Mar 2015 | Jun 2015 | Sept 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sept 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sept 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
Revenue  | 245 | 354 | 295 | 291 | 276 | 368 | 283 | 303 | 305 | 402 | 312 | 340 | 365 | 519 | 404 | 433 | 437 | 567 | 415 | 432 | 316 | 58 | 108 | 243 | 259 | 221 | 337 | 407 | 362 | 613 | 520 | 529 | 455 | 665 | 549 | 549 | 520 | 641 | 551 | 504 | 502 | 568 |
| Expenses | 231 | 314 | 268 | 273 | 254 | 317 | 254 | 275 | 273 | 339 | 273 | 297 | 308 | 422 | 351 | 392 | 395 | 488 | 345 | 362 | 278 | 96 | 125 | 224 | 240 | 193 | 288 | 340 | 323 | 488 | 443 | 453 | 434 | 556 | 493 | 494 | 509 | 590 | 546 | 473 | 488 | 537 |
| EBITDA | 14 | 40 | 27 | 18 | 23 | 51 | 30 | 27 | 32 | 64 | 39 | 43 | 57 | 98 | 53 | 41 | 42 | 79 | 70 | 70 | 39 | -38 | -17 | 18 | 20 | 27 | 49 | 67 | 38 | 125 | 77 | 76 | 22 | 109 | 56 | 55 | 12 | 51 | 4 | 31 | 15 | 31 |
| Operating Profit % | 5 % | 11 % | 9 % | 6 % | 8 % | 14 % | 9 % | 9 % | 10 % | 15 % | 12 % | 12 % | 15 % | 19 % | 13 % | 9 % | 9 % | 14 % | 16 % | 16 % | 11 % | -138 % | -22 % | 4 % | 1 % | 6 % | 13 % | 14 % | 9 % | 17 % | 14 % | 14 % | 4 % | 13 % | 10 % | 10 % | 2 % | 8 % | -0 % | 6 % | 1 % | 4 % |
| Depreciation | 3 | 4 | 4 | 4 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 5 | 19 | 22 | 22 | 23 | 23 | 19 | 18 | 18 | 18 | 18 | 17 | 17 | 18 | 18 | 18 | 20 | 21 | 24 | 27 | 28 | 29 | 30 | 30 | 30 | 32 |
| Interest | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 5 | 7 | 6 | 5 | 7 | 8 | 8 | 7 | 7 | 7 | 5 | 5 | 7 | 7 | 7 | 8 | 11 | 12 | 15 | 17 | 19 | 20 | 18 | 17 | 17 |
| Profit Before Tax | 12 | 37 | 24 | 15 | 19 | 47 | 27 | 24 | 28 | 61 | 36 | 40 | 53 | 94 | 49 | 35 | 36 | 55 | 41 | 43 | 10 | -67 | -44 | -8 | -6 | 2 | 25 | 44 | 16 | 100 | 52 | 51 | -6 | 77 | 19 | 13 | -33 | 4 | -46 | -17 | -33 | -17 |
| Tax | 2 | 11 | 6 | 5 | 6 | 16 | 8 | 8 | 9 | 20 | 13 | 13 | 18 | 31 | 16 | 12 | 11 | 20 | 8 | 8 | 1 | -16 | -8 | -1 | -2 | -1 | 6 | 10 | 4 | 31 | 9 | 7 | -2 | 20 | 6 | 6 | -9 | -0 | -13 | -4 | -5 | -4 |
| Net Profit | 10 | 26 | 18 | 10 | 13 | 31 | 19 | 16 | 19 | 41 | 24 | 27 | 35 | 63 | 33 | 24 | 25 | 35 | 33 | 34 | 10 | -51 | -35 | -7 | -4 | 3 | 19 | 34 | 12 | 69 | 43 | 44 | -4 | 58 | 13 | 7 | -24 | 4 | -33 | -12 | -27 | -13 |
| EPS in ₹ | 0.73 | 1.81 | 1.24 | 0.74 | 0.91 | 2.22 | 1.32 | 1.13 | 1.35 | 2.90 | 1.69 | 1.90 | 2.48 | 4.48 | 2.32 | 1.69 | 1.79 | 2.48 | 2.33 | 2.42 | 0.67 | -3.63 | -2.49 | -0.51 | -0.27 | 0.18 | 1.31 | 2.37 | 0.87 | 4.88 | 3.07 | 3.11 | -0.30 | 4.08 | 0.94 | 0.50 | -1.68 | 0.28 | -2.32 | -0.88 | -1.92 | -0.92 |
VIP Industries
VIP Industries
425.95
-24.15
(-5.37%)
Q1 Quarterly Results are out. Check out the updated financials2 days ago
View
Market Cap
6,049.30 Cr
EPS
-4.84
PE Ratio
182.09
Dividend Yield
0.00 %
Industry
Consumer Goods52 Week High
589.75
52 Week Low
248.35
PB Ratio
9.81
Debt to Equity
0.93
Sector
Plastic Products
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from12 analysts
Company News
View All News
V.I.P. Industries reported revenues of Rs. 561 crores for Q1 FY26, marking a 12% decline from Rs. 639 crores in Q1 FY25. The company experienced its first volume de-growth in 5 quarters at -8%, with 4,554,000 units sold. The company posted a loss before tax of Rs. 17 crores compared to a profit of Rs. 4 crores in the previous year. EBITDA margin dropped to 5.2% from 8% in Q1 FY25. However, when adjusted for one-time inventory provisions and other expenses totaling 5%, the normalized EBITDA margin would be 10.2%. Gross margin stood at 45%, but normalized gross margin without inventory provision was 48%. The company attributed the decline to a sudden drop in secondary sales, particularly in e-commerce. Bangladesh operations showed improvement, reporting a profit of Rs. 8 crores versus a loss of Rs. 11 crores in the previous year. Hard luggage category increased its share to 63% from 56%, while the company maintained its market position across various channels including general trade (26%), modern trade (26%), and e-commerce (19%).
V.I.P. Industries Reports Q1 Loss of 131M Rupees, Revenue Drops to 5.61B3 days ago
V.I.P. Industries reported quarterly results showing a net loss of 131 million rupees compared to a profit of 40.4 million rupees in the same period last year. Revenue declined to 5.61 billion rupees from 6.39 billion rupees year-over-year. EBITDA fell to 246.5 million rupees from 493 million rupees, while EBITDA margin compressed to 4.39% from 7.72% in the previous year.
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
2,047.40 | #1 10,009.00 | 67.30 | 1,800.00 | 15.07 | #1 143 | #1 13.74 | 36.25 | |
425.95 | #2 6,049.30 | #10 182.09 | #2 2,178.43 | #6 7.49 | #10 -95 | #9 -427.50 | 43.48 | |
1,641.60 | 2,449.70 | 23.55 | #1 3,324.40 | 3.58 | 107 | -16.39 | 41.03 | |
436.85 | 1,085.10 | 84.17 | 120.50 | 1.60 | 13 | -33.33 | 49.12 | |
493.45 | 592.30 | 10.42 | 392.50 | 7.58 | 57 | 8.59 | 35.83 | |
14.27 | 335.30 | 65.14 | 100.80 | 3.60 | 5 | 0.00 | 34.37 | |
7.29 | 276.70 | 31.70 | 116.25 | 25.75 | 6 | -112.90 | 32.43 | |
156.52 | 157.90 | 65.86 | 78.32 | 18.35 | 3 | -44.44 | 47.53 | |
144.70 | 153.70 | #1 8.93 | 194.10 | -4.01 | 18 | 6.85 | 46.32 | |
119.16 | 113.20 | 110.93 | 72.47 | #1 27.19 | 1 | -75.00 | 35.29 |
Automatic Screeners on ScanX
Forecast
Actual
Growth Rate
Revenue Growth
7.49 %
Net Income Growth
-64.35 %
Cash Flow Change
-175.30 %
ROE
-66.26 %
ROCE
-52.75 %
EBITDA Margin (Avg.)
-42.26 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 499 | 585 | 609 | 773 | 1,071 | 1,244 | 1,095 | 1,230 | 1,415 | 2,067 | 1,856 |
| Fixed Assets | 71 | 67 | 61 | 77 | 117 | 371 | 288 | 265 | 309 | 532 | 525 |
| Current Assets | 395 | 489 | 520 | 659 | 907 | 828 | 738 | 900 | 1,012 | 1,432 | 1,212 |
| Capital Work in Progress | 1 | 1 | 1 | 3 | 6 | 3 | 2 | 8 | 15 | 14 | 18 |
| Investments | 0 | 0 | 68 | 72 | 1 | 41 | 141 | 42 | 24 | 3 | 698 |
| Other Assets | 427 | 517 | 479 | 621 | 948 | 830 | 664 | 916 | 1,067 | 1,518 | 0 |
| Total Liabilities | 499 | 585 | 609 | 773 | 1,071 | 1,244 | 1,095 | 1,230 | 1,415 | 2,067 | 1,856 |
| Current Liabilities | 189 | 239 | 192 | 272 | 475 | 438 | 402 | 517 | 626 | 1,090 | 949 |
| Non Current Liabilities | 5 | 7 | 9 | 12 | 14 | 196 | 176 | 154 | 148 | 299 | 292 |
| Total Equity | 306 | 339 | 408 | 489 | 581 | 610 | 517 | 560 | 642 | 678 | 616 |
| Reserve & Surplus | 278 | 311 | 380 | 461 | 553 | 582 | 489 | 531 | 613 | 650 | 588 |
| Share Capital | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Net Cash Flow | -3 | 0 | 2 | 13 | -9 | -4 | 14 | -3 | 16 | 10 |
| Investing Activities | -3 | -8 | -73 | -29 | 16 | -85 | -145 | 146 | -85 | -76 |
| Operating Activities | 14 | 53 | 127 | 85 | -56 | 292 | 85 | -24 | 175 | -132 |
| Financing Activities | -14 | -45 | -52 | -44 | 31 | -211 | 74 | -126 | -75 | 218 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| Promoter | 53.46 % | 53.46 % | 50.28 % | 50.27 % | 50.38 % | 50.79 % | 51.33 % | 51.32 % | 51.30 % | 51.29 % | 51.22 % | 51.76 % | 51.76 % | 51.75 % | 51.74 % | 51.73 % | 51.73 % | 51.73 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 8.08 % | 7.32 % | 7.81 % | 7.44 % | 7.68 % | 7.27 % |
| DIIs | 16.72 % | 20.47 % | 21.48 % | 21.86 % | 19.59 % | 18.99 % | 18.31 % | 19.87 % | 20.89 % | 20.82 % | 13.68 % | 12.72 % | 12.69 % | 13.76 % | 12.26 % | 13.30 % | 12.75 % | 13.78 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 20.77 % | 17.09 % | 16.49 % | 15.16 % | 14.59 % | 14.25 % | 13.46 % | 13.64 % | 13.01 % | 13.42 % | 18.46 % | 19.83 % | 19.95 % | 20.43 % | 20.14 % | 20.32 % | 20.72 % | 19.77 % |
| Others | 9.05 % | 8.99 % | 11.74 % | 12.72 % | 15.44 % | 15.96 % | 16.91 % | 15.17 % | 14.79 % | 14.47 % | 16.64 % | 15.69 % | 7.52 % | 6.74 % | 8.05 % | 7.22 % | 7.13 % | 7.45 % |
| No of Share Holders | 1,20,560 | 1,13,290 | 1,18,092 | 1,10,796 | 1,08,019 | 1,10,971 | 1,08,985 | 1,14,418 | 1,10,816 | 1,11,020 | 1,15,246 | 1,28,729 | 1,40,875 | 1,42,146 | 1,39,125 | 1,40,689 | 1,41,217 | 1,37,162 |
Dividend History
Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 2.4 | 3 | 3.2 | 3.2 | 0.00 | 2.5 | 4.5 | 2 | 0.00 |
| Dividend Yield (%) | 0.00 | 0.75 | 0.62 | 1.33 | 0.9 | 0.00 | 0.43 | 0.86 | 0.72 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 06 Aug 2025 |  Quarterly Result Announcement | NA | 06 Aug 2025 | 460.85 | 446.75 |
| 13 May 2025 | Quarterly Result Announcement | NA | 13 May 2025 | 305.05 | 343.95 |
| 28 Jan 2025 | Quarterly Result Announcement | NA | 28 Jan 2025 | 407.25 | 375.85 |
| 23 Oct 2024 | Quarterly Result Announcement | NA | 23 Oct 2024 | 524.35 | 481.95 |
| 06 Aug 2024 |  Annual General Meeting | NA | 06 Aug 2024 | 533.70 | 449.70 |
| 07 Feb 2024 |  Dividend | ₹ 2.00 /share | 07 Feb 2024 | 547.60 | 546.40 |
| 02 Feb 2023 | Dividend | ₹ 2.00 /share | 02 Feb 2023 | 705.90 | 686.55 |
| 04 Nov 2022 | Dividend | ₹ 2.50 /share | 03 Nov 2022 | 689.20 | 729.80 |
| 09 Mar 2022 | Dividend | ₹ 2.50 /share | 08 Mar 2022 | 639.75 | 627.20 |
Announcements
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
2 days ago
2 days agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication2 days ago
2 days agoAnnouncement under Regulation 30 (LODR)-Investor Presentation2 days ago
2 days agoUn-Audited Financials Results For The Quarter Ended June 30 20253 days ago
3 days agoBoard Meeting Outcome for Outcome Of Board Meeting Held On August 06 20253 days ago
3 days agoDisclosure Of Events Or Information Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 20153 days ago
3 days agoDisclosure Under Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirements) Regulations 2015 - Disclosure Of Outcome Of Litigation4 days ago
4 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation5 days ago
5 days agoBoard Meeting Intimation for Approval Of Un-Audited Standalone And Consolidated Financial Results For The Quarter Ended On 30Th June 202510 days ago
10 days agoAnnouncement under Regulation 30 (LODR)-Change in Management10 days ago
10 days agoDraft Letter of OfferJul 25, 2025
Jul 25, 2025Announcement under Regulation 30 (LODR)-CessationJul 23, 2025
Jul 23, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJul 22, 2025
Jul 22, 2025Detailed Public StatementJul 18, 2025
Jul 18, 2025Open Offer - Public AnnouncementJul 14, 2025
Jul 14, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 14, 2025
Jul 14, 2025Announcement under Regulation 30 (LODR)-Public Announcement-Open OfferJul 14, 2025
Jul 14, 2025Disclosure under Regulation 30A of LODRJul 13, 2025
Jul 13, 2025Rumour verification - Regulation 30(11)Jul 11, 2025
Jul 11, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 11, 2025
Jul 11, 2025Clarification sought from VIP Industries LtdJul 11, 2025
Jul 11, 2025Disclosure Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 - Disclosure Of Outcome Of LitigationJul 02, 2025
Jul 02, 2025Closure of Trading WindowJun 26, 2025
Jun 26, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 14, 2025
Jun 14, 2025Clarification With Reference To Movement In VolumeJun 12, 2025
Jun 12, 2025Clarification sought from VIP Industries LtdJun 12, 2025
Jun 12, 2025Disclosure Of Material EventsJun 06, 2025
Jun 06, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 27, 2025
May 27, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 26, 2025
May 26, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 20, 2025
May 20, 2025Intimation Of Fire AccidentMay 17, 2025
May 17, 2025Intimation Of Fire AccidentMay 17, 2025
May 17, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 15, 2025
May 15, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 14, 2025
May 14, 2025Announcement under Regulation 30 (LODR)-Investor PresentationMay 14, 2025
May 14, 2025Appointment Of M/S Ragini Chokshi & Co. Practicing Company Secretaries As The Secretarial AuditorMay 13, 2025
May 13, 2025Audited Financial Results For The Quarter And Year Ended 31St March 2025May 13, 2025
May 13, 2025Board Meeting Outcome for Outcome Of The Board Meeting Held On May 13 2025May 13, 2025
May 13, 2025Disclosure Of Events Or Information Under Regulation 30 Of The Securities Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015May 13, 2025
May 13, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 13, 2025
May 13, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 07, 2025
May 07, 2025Board Meeting Intimation for Approval Of Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended March 31 2025.May 07, 2025
May 07, 2025Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2Apr 18, 2025
Apr 18, 2025Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 18, 2025
Apr 18, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 07, 2025
Apr 07, 2025Closure of Trading WindowMar 28, 2025
Mar 28, 2025Announcement under Regulation 30 (LODR)-Change in ManagementFeb 28, 2025
Feb 28, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 17, 2025
Feb 17, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptFeb 03, 2025
Feb 03, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJan 29, 2025
Jan 29, 2025Technical Indicators
RSI(14)
Neutral 43.48
ATR(14)
Volatile 19.45
STOCH(9,6)
Neutral 34.03
STOCH RSI(14)
Oversold 8.97
MACD(12,26)
Bearish -5.10
ADX(14)
Weak Trend 19.69
UO(9)
Bearish 46.00
ROC(12)
Downtrend And Accelerating -7.41
WillR(14)
Oversold -88.92
Mutual Fund Holdings
SBI Multicap Fund Direct - Growth 
Tata Small Cap Fund Direct - Growth 
Bajaj Finserv Multi Asset Allocation Fund Direct-Growth 
Baroda BNP Paribas India Consumption Fund Direct - Growth 
Canara Robeco Consumer Trends Fund Direct-Growth 
ICICI Prudential Retirement Fund - Pure Equity Plan Direct - Growth 
Aditya Birla Sun Life Small Cap Fund Direct-Growth 
Mahindra Manulife Flexi Cap Fund Direct - Growth 
Motilal Oswal Nifty Microcap 250 Index Fund Direct - Growth 
Groww Nifty Total Market Index Fund Direct - Growth 
Mirae Asset Nifty Total Market Index Fund Direct-Growth 
Angel One Nifty Total Market Index Fund Direct - Growth 
HDFC Value Fund Direct Plan-Growth 
Navi Aggressive Hybrid Fund Direct - Growth 
Bandhan Nifty Total Market Index Fund Direct-Growth 
HSBC Value Fund Direct-Growth About VIP Industries
VIP Industries Limited is a leading manufacturer and supplier of luggage, backpacks, and handbags in Asia. The company offers products across various price points through brands like Aristocrat, VIP, Skybags, Carlton, and Caprese. It has manufacturing facilities in India and Bangladesh, and a strong distribution network with 5,883 points of sale in India. The company's product range includes hard and soft luggage, school bags, trolleys, executive cases, duffels, and handbags. VIP Industries has expanded its retail presence to 500 Exclusive Business Outlets and launched new products in various segments. The company has one Indian and four overseas wholly owned subsidiaries. In 2020, VIP Industries issued Non-Convertible Debentures totaling Rs 150 Crore.
Chairperson NameDilip G Piramal
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