V.I.P. Industries

₹244.90As of Sun 8 Nov 2026, 12:00 UTC

NSE:VIPINDConsumer Disc

Country India

PE (Fwd) —

TSR 10Y CAGR 5.78%

Div yield —

ROE —

Footwear & Accessories

Beta (5Y) 0.17

PE TTM —

TSR TTM (39.69%)

Mkt cap ₹35.92B

ROIC —

SE Grade™

—

Value

Quality

Moat

—

1Y Price

Reference

₹272

11.26%

192.59%

Price below Reference Value

FY23

FY24

FY25

FY26

Earnings per share₹

10.72

3.82

(4.84)

(23.80)

127.60%

(64.37%)

(226.82%)

(391.21%)

Revenue₹B

20.82

22.45

21.78

18.58

61.48%

7.81%

(2.96%)

(14.70%)

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

18.58

Revenue₹B

—

12.90

20.82

22.45

21.78

18.58

20.26

9.56%

(14.70)

Revenue growth%

—

61.48

7.81

(2.96)

(14.70)

9.03

2.42

—

35.07

Gross margin%

—

49.07

50.34

51.79

44.49

35.07

35.11

49.07

(19.53)

Operating margin%

—

6.00

12.11

4.44

(1.12)

(19.53)

(19.34)

4.44

(18.19)

Net margin%

—

5.19

7.32

2.42

(3.16)

(18.19)

(18.12)

2.42

—

P/E ratio (avg)x

—

110.6

59.88

155.5

—

110.6

—

EV/EBITx

—

95.65

36.17

84.67

—

84.67

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

(23.80)

EPS₹

—

4.71

10.73

3.82

(4.84)

(23.80)

(25.85)

(9.92%)

—

(391.17)

EPS growth%

—

127.80

(64.38)

(226.79)

(391.17)

(8.63)

(145.58)

—

Bookvalue per sh₹

—

FCF per share₹

—

Dividend per sh₹

—

2.50

4.50

2.00

—

(10.56%)

—

Div yield (avg)%

—

0.48

0.70

0.34

—

0.48

—

Payout ratio%

—

53.08

41.98

52.36

—

52.36

—

142.1

Shares (diluted)M

—

142.1

142.0

142.1

142.0

142.1

◌142.1

(0.01%)

(0.04)

Buyback yield%

—

0.08

(0.07)

0.08

(0.04)

◌—

0.02

—

D/E ratiox

—

34.79

Enterprise value₹B

—

74.01

91.22

84.45

66.26

55.80

34.79

(6.82%)

—

LT debt₹M

—

Peers (US$362.8M)

Cap (US$)

Safari Industries…

645.2M

39.27x

Campus Activewear…

642.1M

38.07x

REDTAPE Limited

628.6M

23.27x

AFG International…

361.3M

—

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

(7.461)

2.155

Own earn%

—

Sh yield%

(0.04)

0.17

Owners

Insiders/Inst%

1.66

17.55

Short interest%

—

SBC / revenue%

0.20

Record

10Y

Profitable years

3/5

Revenue growth years

2/4

EPS growth years

1/4

Dividend streakyrs

Op margin range%

−20–12

$1 testx

—

Incr. ROIC%

—

V.I.P. Industries Limited manufactures and retails luggage, backpacks, handbags, and accessories in India and internationally. It offers hard luggage, soft luggage, duffle bags, backpacks, business satchels, and ladies’ handbags. The company sells its products under the VIP, Caprese, Carlton, Skybags, Alfa, and Aristocrat brands through exclusive brand outlets and e-commerce platforms. It also exports its products.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹18.58B

9.56%

1.00×

Cost of revenue

₹12.06B

16.42%

1.27×

Operating expenses

₹10.15B

16.26%

1.27×

Revenue by region

No breakdown available

Reinvestment returns

No breakdown available