V I P Inds.

  • Market Cap: Small Cap
  • Industry: Diversified consumer products
  • ISIN: INE054A01027
  • NSEID: VIPIND
  • BSEID: 507880
INR
331.70
-6.25 (-1.85%)
BSENSE

Mar 17

BSE+NSE Vol: 1.49 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.49 lacs (-26.68%) Volume

Shareholding (Dec 2025)

FII

6.72%

Held by 76 FIIs

DII

2.30%

Held by 21 DIIs

Promoter

42.35%

Who are the top shareholders of the V I P Inds.?

06-Jun-2025

The top shareholders of V I P Industries include D G P Securities Limited with 27.01%, mutual funds holding 11.12%, foreign institutional investors at 7.68%, and SBI Flexicap Fund as the largest public shareholder with 7.05%. Individual investors collectively own 20.72% of the shares.

The top shareholders of V I P Industries include the promoters, who hold the majority of the shares. The promoter with the highest holding is D G P Securities Limited, which owns 27.01% of the company. Additionally, mutual funds hold 11.12% through 15 different schemes, while foreign institutional investors (FIIs) account for 7.68% with 94 FIIs involved. The highest public shareholder is SBI Flexicap Fund, which holds 7.05%. Individual investors collectively own 20.72% of the shares.

View full answer

Who are in the management team of V I P Inds.?

06-Jun-2025

As of March 2022, the management team of V I P Inds. includes Chairman Dilip G Piramal, Vice Chairperson Radhika Piramal, Managing Director Anindya Dutta, and several non-executive and independent directors, among others, who collectively guide the company's strategic direction.

As of March 2022, the management team of V I P Inds. includes the following members:<BR><BR>1. Dilip G Piramal - Chairman (Non-Executive)<BR>2. Radhika Piramal - Vice Chairperson & Executive Director<BR>3. Amit Jatia - Non-Executive & Independent Director<BR>4. Anand Daga - Company Secretary & Compliance Officer<BR>5. Nisaba Godrej - Non-Executive & Independent Director<BR>6. Tushar Jani - Non-Executive & Independent Director<BR>7. Ramesh Damani - Non-Executive & Independent Director<BR>8. Anindya Dutta - Managing Director<BR>9. Neetu Kashiramka - Executive Director & Chief Financial Officer<BR>10. Suresh Inderchand Surana - Additional Director<BR>11. Ashish K Saha - Additional Director & Executive Director<BR><BR>This diverse team plays a crucial role in guiding the company's strategic direction and operations.

View full answer

What does V I P Inds. do?

06-Jun-2025

VIP Industries Limited is a leading manufacturer of luggage, backpacks, and handbags in the small-cap market. As of March 2025, it reported net sales of 494 Cr and a net loss of 27 Cr, with a market cap of Rs 4,873 Cr.

Overview:<BR>VIP Industries Limited is a leading manufacturer and supplier of luggage, backpacks, and handbags, operating in the diversified consumer products industry within the small-cap market segment.<BR><BR>History:<BR>VIP Industries Ltd was incorporated in an unspecified year and has established itself as a market leader in the organised luggage segment. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 494 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: -27 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap: Rs 4,873 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 68<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 1.14<BR>- Return on Equity: -12.44%<BR>- Price to Book: 8.04<BR><BR>Contact Details:<BR>Address: 5th Floor DGP House, 88-C Old Prabhadevi Road Mumbai Maharashtra : 400025<BR>Tel: 91-22-66539000<BR>Email: investor-help@vipbags.com<BR>Website: http://www.vipindustries.co.in

View full answer

Has V I P Inds. declared dividend?

06-Jun-2025

V I P Industries Ltd has declared a 100% dividend, amounting to ₹2 per share, with an ex-date of February 7, 2024. However, the company's total returns have been negative over the past 6 months (-30.93%) and 1 year (-29.09%), despite a positive return of 31.57% over the last 5 years.

V I P Industries Ltd has declared a 100% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 100%<BR>- Amount per share: 2<BR>- Ex-date: 07 Feb 2024<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -30.93%, the dividend return was 0%, resulting in a total return of -30.93%.<BR><BR>Over the past year, the price return was -29.09%, with a dividend return of 0%, leading to a total return of -29.09%.<BR><BR>In the 2-year period, the price return was -43.47%, the dividend return was 0.31%, culminating in a total return of -43.16%.<BR><BR>For the 3-year period, the price return was -40.68%, with a dividend return of 1.06%, resulting in a total return of -39.62%.<BR><BR>In the last 4 years, the price return was -11.88%, the dividend return was 2.34%, leading to a total return of -9.54%.<BR><BR>Over the 5-year period, the price return was 28.1%, with a dividend return of 3.47%, resulting in a total return of 31.57%.<BR><BR>Overall, while V I P Industries Ltd has declared a dividend, the total returns over various periods indicate a challenging performance, particularly in the shorter terms, with significant negative returns in the past 6 months and 1 year. The positive total return over the 5-year period suggests some recovery, but the lack of dividends in recent periods may impact investor sentiment.

View full answer

Who are the peers of the V I P Inds.?

03-Jun-2025

V I P Inds. peers include Kajaria Ceramics, Safari Inds., Cera Sanitary, Borosil, and others. V I P Inds. has below-average growth and the lowest 1-year return at -24.24%, while Pokarna leads with an 86.44% return.

Peers: The peers of V I P Inds. are Kajaria Ceramics, Safari Inds., Cera Sanitary., Borosil, Pokarna, Nitco, La Opala RG, Nilkamal Ltd, and Mayur Uniquoters.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kajaria Ceramics, Safari Inds., Cera Sanitary., La Opala RG, Nilkamal Ltd, and the rest. Average management risk is found at V I P Inds. and Mayur Uniquoters. Below Average management risk is seen at Borosil, Pokarna, Nitco, and the rest. Growth is excellent for Borosil, while good growth is noted at Safari Inds. and Pokarna. Below Average growth is present at Kajaria Ceramics, Cera Sanitary., V I P Inds., La Opala RG, Nilkamal Ltd, and Mayur Uniquoters. The rest have average growth.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Pokarna at 86.44%, while the lowest is V I P Inds. at -24.24%. V I P Inds.'s return is significantly lower than the highest peer. Additionally, Kajaria Ceramics, Borosil, La Opala RG, and Hindware Home In have negative six-month returns.

View full answer

Is V I P Inds. overvalued or undervalued?

09-Jun-2025

As of October 24, 2024, V I P Industries is considered overvalued with a risky valuation grade, reflected by a PE ratio of -63.71, an EV to EBITDA of 67.90, and a year-to-date return of -27.97%, significantly underperforming compared to peers like V-Guard Industries and Bata India.

As of 24 October 2024, V I P Industries has moved from a fair to a risky valuation grade. The company is currently considered overvalued. Key ratios include a PE ratio of -63.71, an EV to EBITDA of 67.90, and a ROE of -12.44%. <BR><BR>In comparison with peers, V I P Industries' valuation stands out negatively against companies like V-Guard Industries, which has a PE ratio of 52.15 and an EV to EBITDA of 31.99, and Bata India, with a PE ratio of 67.63 and an EV to EBITDA of 22.33. The company's recent stock performance has been underwhelming, with a year-to-date return of -27.97%, significantly lagging behind the Sensex's gain of 5.59% during the same period.

View full answer

How big is V I P Inds.?

24-Jul-2025

As of 24th July, V I P Industries Ltd has a market capitalization of 6,544.00 Cr and reported Net Sales of 2,178.43 Cr, with a Net Profit loss of 68.79 Cr over the latest four quarters.

As of 24th July, V I P Industries Ltd has a market capitalization of 6,544.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, V I P Industries Ltd reported Net Sales of 2,178.43 Cr. However, the company experienced a loss of 68.79 Cr in Net Profit during the same period.<BR><BR>The latest annual reporting period for the balance sheet is March 2024. Shareholder's Funds stood at 677.91 Cr, while Total Assets were valued at 2,041.26 Cr.

View full answer

How has been the historical performance of V I P Inds.?

14-Nov-2025

V I P Inds. experienced a decline in net sales and profitability in March 2025, with a net loss of INR 68.79 crore, down from a profit of INR 54.30 crore in March 2024, despite improved cash flow from operations. Total liabilities and assets also decreased during this period.

Answer:<BR>The historical performance of V I P Inds. shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>V I P Inds. experienced a decline in net sales from INR 2,244.96 crore in March 2024 to INR 2,178.43 crore in March 2025, following a peak of INR 2,244.96 crore in the previous year. The total operating income mirrored this trend, decreasing to INR 2,178.43 crore in March 2025 from INR 2,244.96 crore in March 2024. The company's total expenditure increased slightly to INR 2,096.14 crore in March 2025, up from INR 2,051.40 crore in March 2024. Consequently, the operating profit (PBDIT) fell sharply to INR 93.21 crore in March 2025 from INR 205.31 crore in March 2024, leading to a profit before tax of -INR 91.22 crore in March 2025, down from a profit of INR 76.58 crore in March 2024. This resulted in a profit after tax of -INR 68.79 crore in March 2025, compared to a profit of INR 54.30 crore in March 2024. The company's total liabilities decreased to INR 1,806.01 crore in March 2025 from INR 2,041.26 crore in March 2024, while total assets also fell to INR 1,806.01 crore in March 2025 from INR 2,041.26 crore in March 2024. Cash flow from operating activities showed a positive trend, reaching INR 292 crore in March 2025, compared to -INR 131 crore in March 2024. Overall, V I P Inds. has faced challenges in profitability and revenue generation in the latest fiscal year, despite some improvements in cash flow from operations.

View full answer

Is V I P Inds. technically bullish or bearish?

03-Dec-2025

As of December 2, 2025, V I P Inds. exhibits a mildly bearish trend, supported by bearish signals from MACD, KST, and Bollinger Bands, despite a mildly bullish daily moving average.

As of 2 December 2025, the technical trend for V I P Inds. has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven by the weekly MACD and KST both indicating bearish signals, alongside bearish readings from Bollinger Bands. The Dow Theory also supports a mildly bearish outlook on both weekly and monthly time frames. Although the daily moving averages show a mildly bullish stance, the overall trend is being dominated by the bearish indicators. The stock has underperformed significantly compared to the Sensex over multiple time frames, further reinforcing the bearish sentiment.

View full answer

Are V I P Industries Ltd latest results good or bad?

12-Feb-2026

VIP Industries Ltd's latest results are concerning, reporting a net loss of ₹143.14 crores in Q2 FY26, a 333.10% decline year-on-year, with revenue down 25.34% to ₹406.34 crores. The company is facing severe operational challenges, marking its sixth consecutive quarter of losses and a historic low return on capital employed of -12.07%.

The latest results for VIP Industries Ltd are quite concerning. In Q2 FY26, the company reported a net loss of ₹143.14 crores, which is a significant deterioration compared to the previous year, reflecting a 333.10% decline year-on-year. Revenue also fell sharply by 25.34% year-on-year to ₹406.34 crores, marking the lowest quarterly revenue in recent history.<BR><BR>The operating margin has collapsed to -26.18%, the worst performance on record for the company, indicating that it is losing substantial money on every rupee of sales. This marks the sixth consecutive quarter of losses, highlighting ongoing structural challenges within the company.<BR><BR>Additionally, the return on capital employed (ROCE) for the first half of FY26 is at a historic low of -12.07%, suggesting that the company is destroying shareholder value. The financial metrics indicate severe operational stress, driven by weak consumer demand and intense competitive pressures.<BR><BR>Overall, the results are indicative of a company in distress, facing significant challenges that could hinder its recovery in the near term.

View full answer

When is the next results date for V I P Industries Ltd?

12-Feb-2026

The next results date for V I P Industries Ltd is 14 February 2026.

The next results date for V I P Industries Ltd is scheduled for 14 February 2026.

View full answer

Should I buy, sell or hold V I P Industries Ltd?

15-Feb-2026

Why is V I P Industries Ltd falling/rising?

16-Mar-2026

As of 16-Mar, V I P Industries Ltd's stock price has risen slightly to 340.00, but it has declined 10.59% over the past month and 10.97% year-to-date, indicating ongoing financial struggles. The company faces challenges such as operating losses, a high Debt to EBITDA ratio, and decreasing investor participation, raising concerns about its future prospects.

As of 16-Mar, V I P Industries Ltd is experiencing a slight rise in its stock price, currently at 340.00, with a change of 2.15 (0.64%) upwards. This increase comes after a trend reversal, as the stock has gained after three consecutive days of decline. Additionally, the stock has outperformed its sector by 1.89% today, indicating a positive short-term performance relative to its peers.<BR><BR>However, despite this recent uptick, the stock has shown a negative performance over longer periods, with a decline of 10.59% over the past month and 10.97% year-to-date. The company has also faced significant challenges, including operating losses and a high Debt to EBITDA ratio of 3.06 times, which suggests a weak ability to service its debt. Furthermore, the company has reported negative results for the last 11 consecutive quarters, with a substantial drop in profits, indicating ongoing financial struggles.<BR><BR>Investor participation appears to be decreasing, as evidenced by a 5.84% drop in delivery volume compared to the five-day average. Additionally, the promoters have reduced their stake in the company by 7.38% over the previous quarter, which may reflect a lack of confidence in the company's future prospects.<BR><BR>In summary, while V I P Industries Ltd is currently seeing a rise in its stock price, the overall trend remains concerning due to its poor long-term fundamentals, declining investor participation, and reduced promoter confidence.

View full answer
iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

With a Operating Losses, the company has a Weak Long Term Fundamental Strength

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.06 times
  • The company has been able to generate a Return on Equity (avg) of 8.67% signifying low profitability per unit of shareholders funds
2

The company has declared Negative results for the last 11 consecutive quarters

3

Risky - Negative EBITDA

4

Reducing Promoter Confidence

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Diversified consumer products

stock-summary
Market cap

INR 4,783 Cr (Small Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

49

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

1.58

stock-summary
Return on Equity

-44.52%

stock-summary
Price to Book

10.41

Revenue and Profits:
Net Sales:
454 Cr
(Quarterly Results - Dec 2025)
Net Profit:
-53 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-6.29%
0%
-6.29%
6 Months
-25.41%
0%
-25.41%
1 Year
19.32%
0%
19.32%
2 Years
-28.74%
0%
-28.74%
3 Years
-42.53%
0.35%
-42.18%
4 Years
-48.39%
0.91%
-47.48%
5 Years
-13.05%
2.66%
-10.39%

Latest dividend: 2 per share ex-dividend date: Feb-07-2024

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

V I P Industries Ltd Falls 5.27%: 5 Key Factors Driving the Weekly Decline

Announcements stock-summary

Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

12-Mar-2026 | Source : BSE

Pursuant to provisions of SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015 we wish to inform you that in accordance with the terms of VIP Employees Stock Appreciation Rights Plan 2018 (Plan) the Allotment Committee of the Board of Directors of VIP Industries Limited (the Company) has today i.e. March 12 2026 approved allotment of 412 fully paid up equity shares of Rs. 2 /- each to the allottee(s) upon exercise of Employees Stock Appreciation Rights under the said plan.

Announcement under Regulation 30 (LODR)-Credit Rating

10-Mar-2026 | Source : BSE

Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligation and Disclosures Requirements) 2015 Please find attached herewith revision in credit rating.

Announcement under Regulation 30 (LODR)-Change in Management

10-Mar-2026 | Source : BSE

Pursuant to Regulation 30 read with Schedule III Part A Para A of SEBI (Listing Obligation and Disclosures Requirement) Regulations 2015 (SEBI Listing Regulations) we hereby inform you that the Board of Directors of the Company (Board) held a meeting today i.e. March 10 2026 where they inter alia considered and approved the appointment of Mr. Rahul Poddar as Chief Financial Officer and Key Managerial Personnel (part of Senior Management Team) w.e.f March 11 2026 on the recommendation of Nomination and Remuneration Committee and Audit Committee. Mr. Manish Desai has relinquished his position as Chief Financial Officer and Key Managerial Personnel of the Company effective from the close of business hours of March 10 2026. Mr. Manish Desai shall continue in the employment of the Company pursuant to his new role within the organisation.

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

V I P Industries Ltd has declared 100% dividend, ex-date: 07 Feb 24

stock-summary
SPLITS

V I P Industries Ltd has announced 2:10 stock split, ex-date: 31 Oct 11

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
22.77%
EBIT Growth (5y)
-180.31%
EBIT to Interest (avg)
1.73
Debt to EBITDA (avg)
0.97
Net Debt to Equity (avg)
1.58
Sales to Capital Employed (avg)
1.53
Tax Ratio
2.22%
Dividend Payout Ratio
52.28%
Pledged Shares
0
Institutional Holding
24.13%
ROCE (avg)
3.73%
ROE (avg)
8.67%

Valuation key factors

Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
49
Price to Book Value
10.16
EV to EBIT
-19.53
EV to EBITDA
-35.81
EV to Capital Employed
4.55
EV to Sales
2.84
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-14.32%
ROE (Latest)
-44.52%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 12 Schemes (14.78%)

FIIs

Held by 76 FIIs (6.72%)

Promoter with highest holding

D G P Securities Limited (17.07%)

Highest Public shareholder

Sbi Flexicap Fund (7.91%)

Individual Investors Holdings

18.88%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'25 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2025 is -9.37% vs -8.30% in Dec 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2025 is -325.68% vs -273.71% in Dec 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "454.13",
          "val2": "501.07",
          "chgp": "-9.37%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-76.83",
          "val2": "28.61",
          "chgp": "-368.54%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "15.96",
          "val2": "17.74",
          "chgp": "-10.03%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "71.24",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-52.87",
          "val2": "-12.42",
          "chgp": "-325.68%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-16.92%",
          "val2": "5.71%",
          "chgp": "-22.63%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2025 is -18.20% vs 0.08% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is -438.57% vs -140.84% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "967.77",
          "val2": "1,183.15",
          "chgp": "-18.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-81.74",
          "val2": "47.13",
          "chgp": "-273.44%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "34.26",
          "val2": "38.58",
          "chgp": "-11.20%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "6.25",
          "val2": "3.58",
          "chgp": "74.58%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-156.24",
          "val2": "-29.01",
          "chgp": "-438.57%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-8.45%",
          "val2": "3.98%",
          "chgp": "-12.43%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is -15.58% vs -2.57% in Dec 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is -404.73% vs -152.99% in Dec 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,421.90",
          "val2": "1,684.22",
          "chgp": "-15.58%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-158.57",
          "val2": "75.74",
          "chgp": "-309.36%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "50.22",
          "val2": "56.32",
          "chgp": "-10.83%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "77.49",
          "val2": "3.58",
          "chgp": "2,064.53%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-209.11",
          "val2": "-41.43",
          "chgp": "-404.73%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-11.15%",
          "val2": "4.50%",
          "chgp": "-15.65%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2025 is -2.96% vs 7.81% in Mar 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is -226.69% vs -64.36% in Mar 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,178.43",
          "val2": "2,244.96",
          "chgp": "-2.96%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "82.29",
          "val2": "193.56",
          "chgp": "-57.49%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "73.20",
          "val2": "55.02",
          "chgp": "33.04%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "7.83",
          "val2": "25.78",
          "chgp": "-69.63%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-68.79",
          "val2": "54.30",
          "chgp": "-226.69%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "3.78%",
          "val2": "8.62%",
          "chgp": "-4.84%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Dec'25 - YoYstock-summary

Dec'25
Dec'24
Change(%)
Net Sales
454.13
501.07
-9.37%
Operating Profit (PBDIT) excl Other Income
-76.83
28.61
-368.54%
Interest
15.96
17.74
-10.03%
Exceptional Items
71.24
0.00
Consolidate Net Profit
-52.87
-12.42
-325.68%
Operating Profit Margin (Excl OI)
-16.92%
5.71%
-22.63%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2025 is -9.37% vs -8.30% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2025 is -325.68% vs -273.71% in Dec 2024

Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary

Sep'25
Sep'24
Change(%)
Net Sales
967.77
1,183.15
-18.20%
Operating Profit (PBDIT) excl Other Income
-81.74
47.13
-273.44%
Interest
34.26
38.58
-11.20%
Exceptional Items
6.25
3.58
74.58%
Consolidate Net Profit
-156.24
-29.01
-438.57%
Operating Profit Margin (Excl OI)
-8.45%
3.98%
-12.43%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is -18.20% vs 0.08% in Sep 2024

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2025 is -438.57% vs -140.84% in Sep 2024

Nine Monthly Results Snapshot (Consolidated) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
1,421.90
1,684.22
-15.58%
Operating Profit (PBDIT) excl Other Income
-158.57
75.74
-309.36%
Interest
50.22
56.32
-10.83%
Exceptional Items
77.49
3.58
2,064.53%
Consolidate Net Profit
-209.11
-41.43
-404.73%
Operating Profit Margin (Excl OI)
-11.15%
4.50%
-15.65%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2025 is -15.58% vs -2.57% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2025 is -404.73% vs -152.99% in Dec 2024

Annual Results Snapshot (Consolidated) - Mar'25stock-summary

Mar'25
Mar'24
Change(%)
Net Sales
2,178.43
2,244.96
-2.96%
Operating Profit (PBDIT) excl Other Income
82.29
193.56
-57.49%
Interest
73.20
55.02
33.04%
Exceptional Items
7.83
25.78
-69.63%
Consolidate Net Profit
-68.79
54.30
-226.69%
Operating Profit Margin (Excl OI)
3.78%
8.62%
-4.84%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is -2.96% vs 7.81% in Mar 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2025 is -226.69% vs -64.36% in Mar 2024

stock-summaryCompany CV
About V I P Industries Ltd stock-summary
stock-summary
V I P Industries Ltd
Small Cap
Diversified consumer products
VIP Industries Limited is amongst Asia's leading manufacturers and suppliers of luggage, backpacks, and handbags and the market leader in the organised luggage segment. The Company has a range of leading brands, positioned across the entire price range, catering to value (Aristocrat), mid (VIP, Skybags), and premium (Carlton, Caprese) price points. Promoted by Mr.
Company Coordinates stock-summary
Company Details
5th Floor DGP House, 88-C Old Prabhadevi Road Mumbai Maharashtra : 400025
stock-summary
Tel: 91-22-66539000
stock-summary
investor-help@vipbags.com
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai