V I P Inds.

  • Market Cap: Small Cap
  • Industry: Diversified consumer products
  • ISIN: INE054A01027
  • NSEID: VIPIND
  • BSEID: 507880
INR
315.75
-3.35 (-1.05%)
BSENSE

Mar 24

BSE+NSE Vol: 1.01 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

1.01 lacs (-7.61%) 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.

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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.

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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

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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

15-Feb-2026

Why is V I P Industries Ltd falling/rising?

17-Mar-2026

As of 17-Mar, V I P Industries Ltd is facing a stock price decline to 331.70, down 1.85%, primarily due to significant underperformance against the Sensex, reduced investor participation, ongoing financial challenges, and decreased promoter confidence. These factors indicate a challenging outlook for the company.

As of 17-Mar, V I P Industries Ltd is experiencing a decline in its stock price, currently at 331.70, which reflects a change of -6.25 (-1.85%). This downward movement can be attributed to several factors highlighted in the provided data. <BR><BR>Firstly, the stock has underperformed significantly compared to the benchmark Sensex, with a one-week decline of -8.89% against the Sensex's -2.73%. Over the past month, the stock has dropped by -13.35%, while the Sensex has only decreased by -8.84%. This trend of underperformance is further emphasized by the stock trading below its moving averages across various time frames, indicating a consistent downward trajectory.<BR><BR>Additionally, there is a notable decrease in investor participation, as evidenced by a 30.23% drop in delivery volume compared to the five-day average. This reduction in trading activity suggests a lack of confidence among investors, which is likely contributing to the stock's decline.<BR><BR>Financially, the company is facing significant challenges, including operating losses and a high Debt to EBITDA ratio of 3.06 times, indicating a low ability to service its debt. The company has reported negative results for the last 11 consecutive quarters, with a staggering fall in profit before tax and profit after tax, highlighting severe profitability issues. Furthermore, the return on capital employed is at its lowest, at -12.07%, which raises concerns about the company's operational efficiency.<BR><BR>The reduction in promoter confidence, with a 7.38% decrease in their stake, further exacerbates the situation, signaling a lack of belief in the company's future prospects. Overall, these factors collectively contribute to the stock's decline, reflecting a challenging environment for V I P Industries Ltd.

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Why is V I P Industries Ltd falling/rising?

18-Mar-2026

As of 18-Mar, V I P Industries Ltd's stock price has risen to Rs 338.00, despite recent underperformance and long-term challenges, including declining investor confidence and operational difficulties. The stock has shown a notable annual return of 16.11%, but trading below moving averages suggests a longer-term downward trend.

As of 18-Mar, V I P Industries Ltd is experiencing a rise in its stock price, currently at Rs 338.00, reflecting an increase of Rs 5.95 or 1.79%. This uptick comes despite the stock's recent underperformance in the market, as it has fallen by 3.57% over the past week and 8.67% over the past month. However, the stock has shown a notable return of 16.11% over the last year, significantly outperforming the broader market, which has only returned 1.86%.<BR><BR>Today's trading session saw the stock reach an intraday high of Rs 341.45, indicating some positive momentum. Additionally, the consumer durables sector has gained by 2.45%, which may have contributed to the stock's rise today. Despite this, V I P Industries Ltd is trading below its moving averages across various time frames, suggesting a longer-term downward trend.<BR><BR>Investor participation has decreased, with delivery volume falling by 37.65% compared to the five-day average, indicating a potential lack of confidence among investors. Furthermore, the company has been facing significant operational challenges, including negative results for the last 11 consecutive quarters, high debt levels, and declining profitability metrics. Promoter confidence is also waning, as evidenced by a 7.38% reduction in their stake.<BR><BR>In summary, while V I P Industries Ltd is currently experiencing a rise in stock price, this is juxtaposed against a backdrop of significant long-term challenges and declining investor confidence.

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Why is V I P Industries Ltd falling/rising?

19-Mar-2026

As of 19-Mar, V I P Industries Ltd's stock price is declining, currently at Rs 323.30, down 3.98%. The company has reported negative financial results for 11 consecutive quarters, and declining investor confidence, alongside underperformance compared to benchmarks, is contributing to the stock's fall.

As of 19-Mar, V I P Industries Ltd is experiencing a decline in its stock price, currently at Rs 323.30, which reflects a decrease of Rs 13.4 or 3.98%. This downward movement is supported by several factors. Over the past week, the stock has underperformed, showing a decline of 7.12%, while the benchmark Sensex has only fallen by 2.40%. Additionally, the stock has dropped 9.21% over the past month, contrasting with a 10.05% decline in the Sensex.<BR><BR>The company's performance today indicates it has underperformed its sector by 0.77%, and it reached an intraday low of Rs 322.3, marking a decrease of 4.28%. V I P Industries Ltd is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a bearish signal for investors.<BR><BR>Financially, the company has reported negative results for the last 11 consecutive quarters, with a significant loss in profit before tax (PBT) and profit after tax (PAT) for the latest quarter, indicating a troubling trend in profitability. The company's return on equity is low at 8.67%, and it has a high debt to EBITDA ratio of 3.06 times, suggesting a weak ability to service its debt. Furthermore, promoter confidence appears to be waning, as they have reduced their stake in the company by 7.38% in the previous quarter, which may signal a lack of faith in the company's future prospects.<BR><BR>Overall, the combination of poor financial results, declining investor confidence, and underperformance relative to benchmarks and sector averages contributes to the falling stock price of V I P Industries Ltd.

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Why is V I P Industries Ltd falling/rising?

20-Mar-2026

As of 20-Mar, V I P Industries Ltd's stock price is at 341.10, reflecting a 5.29% increase today, but it has faced challenges with a 10.68% year-to-date decline and negative financial results over the last 11 quarters. Investor confidence appears low, indicated by a significant drop in delivery volume and a decrease in promoter stake, raising concerns about the stock's long-term sustainability.

As of 20-Mar, V I P Industries Ltd is experiencing a rise in its stock price, currently at 341.10, which reflects an increase of 17.15 or 5.29%. This upward movement is notable as the stock has outperformed its sector by 3.93% today and reached an intraday high of Rs 348.9, marking a 7.7% increase. <BR><BR>Despite this positive performance today, it is essential to consider the broader context of the stock's performance over various periods. Over the past year, the stock has generated a return of 16.60%, significantly outperforming the market benchmark, which has only returned 0.76%. However, the stock has faced challenges, including a decline of 7.49% over the past month and a year-to-date decrease of 10.68%. <BR><BR>Investor participation has been declining, with delivery volume dropping by 65.43% compared to the 5-day average, indicating a potential lack of confidence among investors. Additionally, the company has reported negative financial results for the last 11 consecutive quarters, with significant losses in profit before tax and profit after tax. The company's high debt-to-EBITDA ratio of 3.06 times and a negative return on capital employed further highlight its weak long-term fundamental strength.<BR><BR>Moreover, the reduction in promoter confidence, as evidenced by a 7.38% decrease in their stake, suggests concerns about the company's future prospects. While the stock is currently rising, these underlying issues could pose risks to its sustainability in the long term.

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iScoreScore
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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 4,485 Cr (Small Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

47

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

1.58

stock-summary
Return on Equity

-44.52%

stock-summary
Price to Book

9.75

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
-22.62%
0%
-22.62%
6 Months
-28.07%
0%
-28.07%
1 Year
6.22%
0%
6.22%
2 Years
-31.72%
0%
-31.72%
3 Years
-45.13%
0.33%
-44.8%
4 Years
-52.49%
0.90%
-51.59%
5 Years
-14.06%
2.81%
-11.25%

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

Announcements stock-summary

VIP Industries Limited - Other General Purpose

26-Nov-2019 | Source : NSE

VIP Industries Limited has informed the Exchange regarding Disclosure of Related Party Transactions pursuant to Regulation 23(9) of the SEBI ( LODR) Regulations, 2015.

VIP Industries Limited - Analysts/Institutional Investor Meet/Con. Call Updates

06-Nov-2019 | Source : NSE

VIP Industries Limited has informed the Exchange regarding Analysts/Institutional Investor Meet/Con. Call Updates

Shareholders meeting

19-Aug-2019 | Source : NSE

VIP Industries Limited has informed the Exchange with copy of minutes of Annual General Meeting held on July 30, 2019

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
47
Price to Book Value
9.75
EV to EBIT
-18.85
EV to EBITDA
-34.58
EV to Capital Employed
4.39
EV to Sales
2.74
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-14.32%
ROE (Latest)
-44.52%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
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
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        },
        {
          "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