What is VIP Industries Ltd's market cap?

VIP Industries Ltd (VIPIND) has a market capitalization of ₹4,170 Cr.

What sector is VIPIND in?

VIP Industries Ltd operates in the Consumer Durables — Electronics & Appliances sector.

What is VIPIND's return on equity?

VIP Industries Ltd has a return on equity (ROE) of -116.8%.

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VIP Industries Ltd (VIPIND) — Analysis, Financials, Intelligence | The Stock Filter

The Organism · Company Intelligence

VIP Industries Ltd

VIPIND|BSE: 507880

Consumer Durables — Electronics & AppliancesConsumer & Retailwww.vipindustries.co.in

₹300.00

+₹3.30 (+1.11%)|MCap ₹4,170 Cr

As of 31 Jul 2026 (End of Day)

52W Low ₹278.2552W High ₹472.90

Secular Currents

Theme Connections

FMCG Premiumisation Premiumisation

About the Company

Profile

V.I.P.Industries Ltd. engages in manufacturing and marketing of luggage, bags, and accessories. The company is headquartered in Mumbai, Maharashtra and currently employs 1,304 full-time employees. The firm's products include upright trolley cases, duffel bags, soft uprights, school bags, rucksacks, backpacks, laptop bags and daily essentials, ladies’ handbags, vanity cases, hard suitcases, briefcases, and others. The firm's brands include VIP Bags, Carlton, Skybags, Aristocrat, Alfa and Caprese. The company also manufactures plastic luggage. The company supplies its products to over 45 countries. Skybags brand offers trolleys, rucksacks, backpacks, duffel bags, laptop bags and daily essentials. The company has approximately eight manufacturing facilities. The Company’s distribution channels include exclusive brand outlets (EBOs), multi-brand outlets (MBOs), large format retail, defense canteens, and e-commerce channels. Its subsidiaries include Blow Plast Retail Limited, VIP Industries Bangladesh Private Limited, and VIP Industries BD Manufacturing Private Limited.

Intelligence Profile

TSF Score

48/100

The Vitals · Company Health

Health Indicators

Shenanigan Score

28Clean

Trust Score

X-Ray

Concerns

🟠Revenue declining (-3.6% CAGR 3yr)Business

Watch

Nothing flagged for monitoring

Strengths

🟢Consistent dividend payerOpportunity

The Numbers · Key Metrics

ROE

-116.8%

Revenue Growth 3yr

-3.6%

Debt/Equity

1.42x

₹4,132 Cr

The Narrator · StoryTel Intelligence

FY2026Consumer Durables — Electronics & AppliancesProduct Sales ModelModel:Revenue = Units Sold × Average Selling Price

Key Insight

“Operates in Consumer Durables — Electronics & Appliances.”

The Revenue Story

₹1,858 Cr revenue.

Total Income₹1,880 Cr

Revenue₹1,858 Cr(98.8% of Total Income)

Other Income₹22 Cr(1.2% of Total Income)

The Cost Story

COGS 63.8%, employees 11.7%.

Cogs₹1,185 Cr(51.6%)

Other Expenses₹696 Cr(30.3%)

Employee₹218 Cr(9.5%)

Depreciation₹127 Cr(5.5%)

Finance Costs₹70 Cr(3.1%)

-0.1%EBITDA Margin

Cogs

51.6%

Other Expenses

30.3%

Employee

9.5%

Depreciation

5.5%

Finance Costs

3.1%

Key Metrics

ROE

-116.8%

vs median 5.6%

ROCE

-46.8%

vs median 9.0%

Net Margin

-18.0%

vs median 3.2%

EBITDA Margin

-7.5%

vs median 8.5%

Debt To Equity

1.42x

vs median 0.20x

Rev Growth 3yr

-3.6%

vs median 6.8%

The Context · Where does it sit?

Sector Context

The Canopy · Sector KPIs

Sector KPIs

Consumer Durables — Electronics & Appliances

KPI	Company	Sector Median
ROE	-116.8%▼	5.6%
ROCE	-46.8%▼	9.0%
Net Margin	-18.0%▼	3.2%
EBITDA Margin	-7.5%▼	8.5%
Debt To Equity	1.42x▲	0.20x
Rev Growth 3yr	-3.6%▼	6.8%

The Market · What is the market saying?

Market Signals

The Antenna · Media Intelligence

Media Signal

Low Impact

The Numbers · Show me the data

Financials

No valuation data

Historical valuation data not available.

Financials

Revenue₹1,858 Cr

PBT(₹338 Cr)

EPS(₹23.79)

(₹ Cr)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Revenue	₹1,858 Cr -14.7%	₹2,178 Cr -3.0%	₹2,245 Cr +7.8%	₹2,082 Cr +61.5%	₹1,290 Cr +108.5%	₹619 Cr -64.0%	₹1,718 Cr -3.7%	₹1,785 Cr
Other Income	₹22 Cr +104.8%	₹11 Cr -7.1%	₹12 Cr -31.2%	₹17 Cr -53.0%	₹36 Cr -24.8%	₹48 Cr +286.8%	₹13 Cr +50.2%	₹8 Cr
Total Income	₹1,880 Cr -14.1%	₹2,189 Cr -3.0%	₹2,257 Cr +7.5%	₹2,099 Cr +58.3%	₹1,326 Cr +98.8%	₹667 Cr -61.5%	₹1,731 Cr -3.5%	₹1,793 Cr
COGS	₹1,185 Cr +0.0%	₹1,185 Cr +11.4%	₹1,064 Cr +4.4%	₹1,019 Cr +58.0%	₹645 Cr +76.2%	₹366 Cr -54.6%	₹806 Cr -10.9%	₹904 Cr
	₹2,297 Cr +0.4%	₹2,288 Cr +3.7%	₹2,206 Cr +17.9%	₹1,871 Cr +50.9%	₹1,240 Cr +56.6%	₹792 Cr -48.4%	₹1,534 Cr -2.8%	₹1,578 Cr
Profit Before Tax	(₹338 Cr) -270.6%	(₹91 Cr) ↓ Decline	₹77 Cr -61.0%	₹197 Cr +128.1%	₹86 Cr ↑ Recovery	(₹125 Cr) ↓ Decline	₹148 Cr -31.0%	₹215 Cr
Exceptional Items	₹78 Cr +896.4%	₹8 Cr -69.6%	₹26 Cr ↑ Recovery	(₹32 Cr)	₹0.00 Cr	₹0.00 Cr +100.0%	(₹49 Cr)	₹0.00 Cr
	(₹0.01 Cr) +100.0%	(₹22 Cr) ↓ Decline	₹22 Cr -49.6%	₹44 Cr +129.8%	₹19 Cr ↑ Recovery	(₹27 Cr) ↓ Decline	₹37 Cr -47.4%	₹70 Cr
Net Profit	(₹338 Cr) -391.4%	(₹69 Cr) ↓ Decline	₹54 Cr -64.4%	₹152 Cr +127.6%	₹67 Cr ↑ Recovery	(₹97 Cr) ↓ Decline	₹112 Cr -23.1%	₹145 Cr
Profit (Owners)	(₹338 Cr) -391.4%	(₹69 Cr) ↓ Decline	₹54 Cr -64.4%	₹152 Cr +127.6%	₹67 Cr ↑ Recovery	(₹97 Cr) ↓ Decline	₹112 Cr -23.1%	₹145 Cr
Other Comprehensive Income	₹8 Cr ↑ Recovery	(₹3 Cr) ↓ Decline	₹2 Cr ↑ Recovery	(₹13 Cr) ↓ Decline	₹3 Cr +30.7%	₹2 Cr +0.5%	₹2 Cr ↑ Recovery	(₹0.08 Cr)
EPS	(₹23.79)	(₹4.84)	₹3.83	₹10.75	₹4.73	(₹6.90)	₹7.91	₹10.28
Diluted Shares	₹14 Cr	₹14 Cr	₹14 Cr	₹14 Cr	₹14 Cr	₹14 Cr	₹14 Cr	₹14 Cr