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V.I.P. Industries Limited (VIPIND.NS)

INR303.80 +9.80 (+3.33%)
IN NSE Consumer Cyclical Apparel - Footwear & Accessories
Address DGP House, 88C 400025
Mumbai, IN
CEO Anjan Mohanty
IPO 2002-07-01
ISIN INE054A01027

Explore sections of this company profile

Also trades on Bombay Stock Exchange · VIPIND.BO (INR) National Stock Exchange of India · VIPIND.NS (INR)
Description

Headquartered in Mumbai, India, V.I.P. Industries Limited, established in 1968, specializes in the manufacturing and distribution of luggage, bags, and accessories across India. The company's diverse product range encompasses both hard-sided and soft-sided options, featuring items such as elegant handbags, durable printed polycarbonate cases, flexible uprights, stylish vanity cases, robust hard suitcases, professional briefcases, convenient wheeled trolleys, adventurous rucksacks, practical backpacks, spacious duffel bags, specialized laptop bags, and everyday school bags. These products are primarily marketed under its esteemed brand portfolio, which includes VIP, Caprese, Carlton, Skybags, Alfa, Footloose, and Aristocrat. In addition to its significant domestic footprint, V.I.P. Industries Limited extends its reach internationally, exporting its goods to approximately 45 countries.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR303.80 +9.80 (+3.33%)
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Volume Profile
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Liquidity & share structure
Average Volume
997.3K
Beta
0.06
Float Shares
66.76M
Free Float %
47.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+3.85% -1.38% -5.31% -20.63% -21.81% -20.71% -20.02% -52.59% -11.35% +158.57% +1,218.70%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
303.80
DCF (Levered) 72.25 -76.2%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 29% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 1 0
Hold 0 0
Sell 3 0
Strong Sell 2 0
Quality scores
Altman Z-Score
2.36
Grey zone
Piotroski F-Score
3 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
D+
Overall Score
1 / 5
Low
DCF Score
2 / 5
Medium
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Apparel - Footwear & Accessories: +5.0%
    -14.2% Q1'26: -11.7% (vs Q1'25)
  • EPS growth Apparel - Footwear & Accessories: +5.0%
    -391.5% Q1'26: -372.4% (vs Q1'25)
  • FCF margin FCF growth · Apparel - Footwear & Accessories: +7.7%
    +1.1% Q1'26: +8.9% (vs Q1'25)
  • EBIT margin Apparel - Footwear & Accessories: +8.8%
    -19.8% Q1'26: -25.9% (vs Q1'25)
  • ROIC Apparel - Footwear & Accessories: +7.3%
    -40.4% Q1'26: -49.6% (vs Q1'25)
  • Share dilution Apparel - Footwear & Accessories: +0.0%
    0.0% Q1'26: -0.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Apparel - Footwear & Accessories: -0.25×
    -3.06× Q1'26: -2.24× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.06) × ERP
WACC = 85% × Ke + 15% × Kd (9.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 303.80
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2011
actual
Mar 2012
actual
Mar 2013
actual
Mar 2014
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
5 Rev. Ana.
5 EPS Ana.
Mar 2027
8 Rev. Ana.
8 EPS Ana.
Mar 2028
7 Rev. Ana.
6 EPS Ana.
Mar 2029
5 Rev. Ana.
4 EPS Ana.
Revenue
7.58B
est: 7.86B (-3.6%)
8.60B
est: 8.74B (-1.6%)
8.73B
est: 8.68B (+0.5%)
9.71B
est: 9.92B (-2.1%)
10.43B
est: 10.48B (-0.4%)
12.14B
est: 12.10B (+0.3%)
12.73B
est: 12.74B (-0.1%)
14.08B
est: 14.34B (-1.8%)
17.81B
est: 17.95B (-0.8%)
17.16B
est: 18.51B (-7.3%)
6.17B
est: 6.62B (-6.7%)
12.87B
est: 12.91B (-0.3%)
20.82B
est: 21.14B (-1.5%)
22.38B
est: 22.69B (-1.4%)
21.65B
est: 22.39B (-3.3%)
19.44B
18.44B – 20.55B
-13.2% YoY
21.74B
18.38B – 25.27B
+11.8% YoY
23.87B
19.17B – 28.11B
+9.8% YoY
29.77B
24.51B – 34.85B
+24.8% YoY
EBITDA
1.22B
est: 622.66M (+96.6%)
1.20B
est: 678.95M (+76.9%)
703.00M
est: 674.22M (+4.3%)
869.30M
est: 770.06M (+12.9%)
802.70M
est: 1.13B (-29.0%)
1.10B
est: 939.18M (+17.5%)
1.41B
est: 1.11B (+27.3%)
2.03B
est: 1.59B (+27.0%)
2.35B
est: 2.69B (-12.6%)
2.58B
est: 2.36B (+9.5%)
-171.20M
est: 765.62M (-122.4%)
1.82B
est: 1.67B (+8.9%)
3.01B
est: 2.06B (+46.4%)
2.22B
est: 3.47B (-35.9%)
822.90M
est: 1.83B (-54.9%)
1.54B
1.46B – 1.63B
-15.7% YoY
1.72B
1.46B – 2.00B
+11.8% YoY
1.89B
1.52B – 2.23B
+9.8% YoY
2.36B
1.94B – 2.76B
+24.8% YoY
EBIT
1.07B
est: 127.29M (+743.9%)
992.00M
est: 138.79M (+614.7%)
474.30M
est: 137.83M (+244.1%)
816.00M
est: 157.42M (+418.4%)
663.30M
est: 715.89M (-7.3%)
960.70M
est: 669.44M (+43.5%)
1.28B
est: 1.01B (+26.2%)
1.90B
est: 1.31B (+45.1%)
2.18B
est: 2.34B (-6.6%)
1.71B
est: 2.21B (-22.4%)
-949.40M
est: 608.15M (-256.1%)
1.12B
est: 1.33B (-15.4%)
2.28B
est: 1.64B (+39.3%)
1.23B
est: 2.76B (-55.4%)
-367.70M
est: 373.29M (-198.5%)
314.73M
298.54M – 332.67M
-15.7% YoY
352.00M
297.68M – 409.24M
+11.8% YoY
386.42M
310.36M – 455.12M
+9.8% YoY
482.06M
396.91M – 564.29M
+24.8% YoY
Net Income
887.24M
est: 958.91M (-7.5%)
676.10M
est: 793.43M (-14.8%)
315.20M
est: 375.08M (-16.0%)
576.40M
est: 461.63M (+24.9%)
466.00M
est: 628.58M (-25.9%)
664.60M
est: 533.42M (+24.6%)
838.60M
est: 693.05M (+21.0%)
1.27B
est: 936.00M (+35.4%)
1.45B
est: 1.63B (-10.7%)
1.12B
est: 1.49B (-25.0%)
-974.90M
est: 402.70M (-342.1%)
669.30M
est: 880.68M (-24.0%)
1.52B
est: 1.08B (+40.6%)
543.00M
est: 1.83B (-70.3%)
-687.90M
est: -412.17M (-66.9%)
-2.60B
-3.34B – -1.63B
-531.5% YoY
558.36M
90.95M – 1.01B
+121.5% YoY
987.79M
614.17M – 1.45B
+76.9% YoY
1.71B
1.31B – 2.08B
+72.7% YoY
SGA
1.57B
est: 1.29B (+21.8%)
1.93B
est: 1.41B (+37.3%)
513.60M
est: 1.40B (-63.3%)
665.00M
est: 1.60B (-58.4%)
2.11B
est: 3.75B (-43.6%)
822.60M
est: 4.12B (-80.0%)
893.90M
est: 4.19B (-78.7%)
1.01B
est: 4.42B (-77.1%)
1.17B
est: 5.87B (-80.1%)
1.07B
est: 6.14B (-82.5%)
1.64B
est: 2.05B (-19.7%)
1.55B
est: 4.48B (-65.5%)
2.80B
est: 5.51B (-49.2%)
4.40B
est: 9.28B (-52.6%)
2.25B
est: 3.79B (-40.5%)
3.19B
3.03B – 3.38B
-15.7% YoY
3.57B
3.02B – 4.15B
+11.8% YoY
3.92B
3.15B – 4.62B
+9.8% YoY
4.89B
4.03B – 5.73B
+24.8% YoY
EPS
6.32
est: 6.75 (-6.3%)
4.78
est: 5.56 (-14.0%)
2.23
est: 2.63 (-15.1%)
4.10
est: 3.23 (+26.9%)
3.30
est: 3.11 (+6.3%)
4.70
est: 4.80 (-2.1%)
6.03
est: 5.99 (+0.7%)
8.97
est: 8.53 (+5.1%)
10.28
est: 10.85 (-5.3%)
7.91
est: 12.72 (-37.8%)
-6.90
est: -6.92 (+0.3%)
4.73
est: 5.36 (-11.8%)
10.76
est: 13.18 (-18.3%)
3.84
est: 5.10 (-24.7%)
-4.84
est: -2.83 (-71.0%)
-18.31
-23.52 – -11.50
-547.1% YoY
3.93
0.64 – 7.11
+121.5% YoY
6.95
4.32 – 10.23
+76.9% YoY
12.00
9.24 – 14.66
+72.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-15 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-05-14 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-05-13 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-05-12 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-05-11 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-05-08 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 D+ 1/5 2/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-256.37M
OE per share TTM
-1.81
Owner's Yield
-0.60%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
23.5%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-490.0K
Shares Outstanding
142.05M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Ashish K. Saha Senior Vice President of India Manufacturing & New Projects 14M male
Rahul Poddar Chief Financial Officer 13M male
Ashitosh Kamlesh Sheth Head of Legal, Company Secretary & Compliance Officer 6M male
Atul Jain MD & Additional Director male
Manish Vig Channel Head of Retail male
Praful Gupta Vice President of Sales & CRM male
Sameer Wanchoo Chief Marketing Officer male
Akash Shukla Vice President of Human Resources male
Vasant Dewaji Design Head male
Alok Pathak Chief Sales Officer male
Anjan Mohanty Chief Executive Officer - Bangladesh male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits