Is VIP Industries a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that VIP Industries Ltd is a good quality company .

Is VIP Industries undervalued or overvalued?

The key valuation ratios of VIP Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is VIP Industries share price return in the past 10 years?

VIP Industries Ltd share price has appreciated 17.1% annually (CAGR) over the past ten years.

Is VIP Industries a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of VIP Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of VIP Industries?

The latest standalone P/E ratio of VIP Industries as of 22-Nov-2024 is 0.00.

What is the P/B ratio of VIP Industries?

The latest standalone P/B ratio of VIP Industries as of 22-Nov-2024 is 11.86.

What is the 52-week high and low of VIP Industries?

The 52-week high of VIP Industries is Rs. 668.10 and the 52-week low is Rs. 427.55.

VIP Industries Ltd - Stock Valuation and Financial Performance

Name: VIP Industries
Brand: VIP Industries

BSE: 507880 | NSE: VIPIND | Household & Personal Products | Small Cap

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VIP Inds. Share Price

₹503.05 10.30 2.09%
as on 22-Nov'24 16:59

10 Year X-Ray of VIP Inds.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	21.4%	28.5%	33.7%	42.8%	37.8%	26.5%	-14.3%	16.6%	30.3%	13.3%	-
Value Creation Index ⓘ	0.5	1.0	1.4	2.1	1.8	1.0	-2.1	0.2	1.2	0.0	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,048	1,216	1,252	1,410	1,785	1,714	619	1,290	2,082	2,245	2,246
Sales YoY Gr.	-	16.1%	2.9%	12.6%	26.6%	-3.9%	-63.9%	108.5%	61.5%	7.8%	-
Adj EPS ⓘ	3.1	4.8	5.9	9	10.6	10.6	-7.4	4.8	12.8	2.7	-3.2
YoY Gr.	-	52.9%	24.5%	50.8%	18.1%	0.2%	-169.4%	NA	166.3%	-78.7%	-
BVPS (₹) ⓘ	21.6	24	28.9	34.6	41.1	43	36.3	38.9	44.4	46.9	45.7
Adj Net Profit ⓘ	44.1	67.5	84	127	149	150	-104	68.1	181	38.8	-46
Cash Flow from Ops. ⓘ	13.6	53.4	127	85.2	-55.9	292	85.1	-23.7	175	-132	-
Debt/CF from Ops. ⓘ	2.3	0.3	0	0	-1.5	0.1	1.8	-5.2	1	-4.1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	8.8%	4.7%	53.7%	7.8%
Adj EPS ⓘ	-1.5%	-23.7%	NA	-78.7%
BVPSⓘ	9%	2.7%	8.9%	5.6%
Share Price	17.1%	3.1%	-4.4%	-19.3%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	14.9	20.9	22.5	28.3	27.9	25.1	-18.5	12.6	30.2	5.9	-7
Op. Profit Mgn % ⓘ	7.6	9.2	10.6	13.9	13	17.7	-10.2	11.6	15.8	9	4.8
Net Profit Mgn % ⓘ	4.2	5.6	6.7	9	8.4	8.7	-16.8	5.3	8.7	1.7	-2
Debt to Equity ⓘ	0.1	0	0	0	0.2	0.1	0.3	0.2	0.3	0.8	0
Working Cap Days ⓘ	132	136	135	133	153	168	416	254	201	222	118
Cash Conv. Cycle ⓘ	61	67	63	56	72	64	143	87	64	87	28

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 53.68%

Return on Equity is Poor

Sales growth is not so good in last 4 quarters at 4.62%

Latest Financials - VIP Industries Ltd.

	Standalone	Consolidated
TTM EPS (₹)	-3.5	-3.2
TTM Sales (₹ Cr.)	2,237	2,246
BVPS (₹.) ⓘ	41.6	45.7
Reserves (₹ Cr.) ⓘ	562	620
P/BV ⓘ	11.86	10.79
PE ⓘ	0.00	0.00

From the Market
52 Week Low / High (₹)	427.55 / 668.10
All Time Low / High (₹)	2.81 / 774.50
Market Cap (₹ Cr.)	6,996
Equity (₹ Cr.)	28.4
Face Value (₹)	2
Industry PE ⓘ	62.5

Management X-Ray of VIP Inds.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of VIP Inds.

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of VIP Inds.

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	1,048	1,216	1,252	1,410	1,785	1,714	619	1,290	2,082	2,245
Operating Expenses ⓘ	969	1,107	1,119	1,215	1,558	1,418	683	1,143	1,766	2,048
Manufacturing Costs	22	24	21	49	77	81	44	84	110	132
Material Costs	573	663	676	687	878	785	354	621	985	1,027
Employee Cost	110	126	140	159	201	210	138	189	236	270
Other Costs ⓘ	264	294	282	320	402	342	148	250	435	619
Operating Profit ⓘ	79	110	132	195	226	296	-64	146	317	197
Operating Profit Margin (%)	7.5%	9.0%	10.6%	13.8%	12.7%	17.3%	-10.4%	11.3%	15.2%	8.8%
Other Income ⓘ	3	3	10	10	9	13	49	36	17	12
Interest ⓘ	3	3	3	2	4	25	31	26	31	59
Depreciation ⓘ	18	14	14	13	17	87	78	70	74	99
Exceptional Items ⓘ	4	0	0	0	0	-49	0	0	-32	26
Profit Before Tax ⓘ	65	95	126	190	215	148	-125	86	197	77
Tax ⓘ	19	29	40	63	70	37	-27	19	44	22
Profit After Tax	47	66	85	127	145	112	-97	67	152	54
PAT Margin (%)	4.4%	5.5%	6.8%	9.0%	8.1%	6.5%	-15.8%	5.2%	7.3%	2.4%
Adjusted EPS (₹)	3.3	4.7	6.0	9.0	10.3	7.9	-6.9	4.7	10.8	3.8
Dividend Payout Ratio (%)	45%	43%	40%	33%	31%	40%	0%	53%	42%	52%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	306	339	408	489	580	607	512	550	629	666
Share Capital ⓘ	28	28	28	28	28	28	28	28	28	28
Reserves ⓘ	277	311	380	461	552	579	484	521	601	637
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	31	14	0	0	86	32	154	123	181	533
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	31	14	0	0	86	32	154	123	181	533
Trade Payables	119	161	145	212	318	291	154	282	302	407
Others Liabilities ⓘ	41	66	50	66	82	306	528	547	614	795
Total Liabilities ⓘ	496	581	603	767	1,066	1,237	1,348	1,502	1,726	2,400
Fixed Assets
Gross Block	277	279	73	106	161	501	480	519	526	825
Accumulated Depreciation	205	212	13	30	47	132	194	256	219	296
Net Fixed Assetsⓘ	71	67	60	76	115	368	286	263	307	529
CWIP ⓘ	1	1	1	3	6	3	2	7	15	14
Investmentsⓘ	0	0	68	72	1	41	141	42	23	3
Inventories	227	287	283	317	527	448	302	518	587	916
Trade Receivables	111	149	121	177	299	267	148	219	255	328
Cash Equivalents	8	8	11	23	14	11	91	21	36	46
Others Assetsⓘ	78	68	61	99	105	98	378	433	502	564
Total Assets ⓘ	496	581	603	767	1,066	1,237	1,348	1,502	1,726	2,400

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	14	53	127	85	-56	292	85	-24	175	-132
PBT ⓘ	65	95	126	190	215	148	-125	86	197	77
Adjustment ⓘ	13	15	10	9	13	129	74	89	126	159
Changes in Working Capital ⓘ	-43	-30	30	-49	-211	55	139	-190	-96	-339
Tax Paid ⓘ	-21	-27	-39	-64	-73	-40	-3	-9	-52	-28
Cash Flow From Investing Activity ⓘ	-3	-8	-73	-29	16	-85	-145	146	-84	-76
Capex	-4	-9	-8	-30	-59	-44	16	-34	-106	-99
Net Investments	0	0	-68	-4	71	-41	-164	169	20	23
Others ⓘ	1	0	3	5	4	0	2	11	1	0
Cash Flow From Financing Activityⓘ	-14	-45	-51	-44	31	-211	74	-126	-75	218
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-1	-1	-1	0	-1	-3	-6	-30	-30	-55
Dividend Paid ⓘ	-28	-22	-31	-36	-45	-73	0	-35	-64	-29
Others ⓘ	15	-21	-20	-7	77	-135	80	-60	20	302
Net Cash Flow ⓘ	-3	0	2	13	-9	-4	14	-3	16	10

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	15.72	20.61	22.81	28.26	27.17	18.82	-17.42	12.61	25.85	8.39
ROCE (%)	21.43	28.49	33.68	42.79	37.83	26.51	-14.29	16.63	30.29	13.34
Asset Turnover Ratio	2.25	2.29	2.21	2.12	1.98	1.64	0.56	1	1.41	1.26
PAT to CFO Conversion(x)	0.3	0.8	1.49	0.67	-0.39	2.61	N/A	-0.36	1.15	-2.44
Working Capital Days
Receivable Days	35	39	38	37	48	55	106	47	38	41
Inventory Days	69	76	80	75	85	94	190	105	88	106
Payable Days	70	75	79	90	107	140	229	128	108	126

VIP Industries Ltd Stock News

VIP Industries Ltd FAQs

What is the share price of VIP Inds.?

Company share prices are keep on changing according to the market conditions. The closing price of VIP Inds. on 22-Nov-2024 16:59 is ₹503.1.

What is the market cap of VIP Inds.?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-Nov-2024 16:59 the market cap of VIP Inds. stood at ₹6,996.3.

What is the P/E ratio of VIP Inds.?

The latest P/E ratio of VIP Inds. as of 22-Nov-2024 16:59 is 0.00.

What is the P/B ratio of VIP Inds.?

The latest P/B ratio of VIP Inds. as of 22-Nov-2024 16:59 is 11.86.

What is the 52-week high and low of VIP Inds.?

The 52-week high of VIP Inds. is ₹668.1 and the 52-week low is ₹427.6.

What is the TTM revenue of VIP Inds.?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of VIP Inds. is ₹2,237 ( Cr.) .

About VIP Industries Ltd

VIP Industries Ltd. incorporated in 1968. The very first VIP Suitcase was manufactured in the year 1971. Since then, VIP Industries has sold over 100 million pieces of luggage to people around the world and have subsequently become the foremost manufacturer of hard and soft luggage in Asia, with a goal to make travelling simple. VIP manufactures an array of products and provides numerous different services with an aim to make travel simple and convenient for millions of people around the world.

There products and services are carefully designed to help people experience the delight of travelling. A team of professional, skilled designers constantly innovate and explore new technological aspects and materials to craft luggage which is at-par with the world’s highest standards. The Product Portfolio of VIP Industries consists of a diverse range of hard-sided and soft-sided luggage. The luggage range includes strollys, suitcases, duffel-bags, backpacks, executive cases, overnight travel solutions and school bags. VIP Industries is the parent of many renowned brands like VIP, Aristocrat, Alfa, Footloose, Skybags and Carlton which cover the entire spectrum of travel products. The company's manufacturing facilities are located at Nashik, Nagpur, Jalgaon, Satara, Sinnar in Maharashtra and Haridwar in Uttaranchal.

Business area of the company

The company is engaged in the business of manufacturing of luggage bags. It manufactures moulded luggage (from high-density polyethylene), soft luggage (from nylon, polyester, jupolene, printed polyester) and ABS luggage (from acrylonitrile butadiene styrene plastic).

Brands of the company

CARLTON
VIP BAGS
SKYBAGS
CAPRESE
ARISTOCRAT
ALFA

Products of the company

The Company's products include briefcases, suitcases, handbags, carry bags and vanity cases.

Awards and recognitions

1997: The Industrial Safety and Health Council presented VIP Industries with The Safety Award.
1997: The Ministry of Science and Technology awarded VIP Industries with an award in recognition of their in-house Unit by R&D, by DSIR.
1998: VIP Industries was presented with the award for 'Best Paper Value Engineering - Invest' by the Indian Value Engineering Society.
1999: VIP Industries are the proud winners of the NIMA Excellence Award conferred upon by 'Nasik Industries Manufacturers Association.'
2000: The Nasik Industries Manufacturers Association (NIMA) awarded VIP Industries with an award for 'Excellent Display - Nima Index 2000'.
2000: 'Indian Value Engineering Society' bestowed VIP Industries with the second place for presenting a paper, titled, 'A Case Study on Optimization Cost and Enhance Aesthetics of PVC Outer Strips'.
2000: 'Council of EU Chamber of Commerce' presented VIP Industries with the 'European Union Impresa Award for Export Performance.'
2000: Lakshya Award (2000)- VIP Industries are the proud winners of the prestigious Lakshya Award from NITIE (National Institute of Industrial Engineering) for 'Best Project' in the field of 'Supply Chain Management' in the year 2000.
2000: The Lakshya Award is considered to be esteemed, as it is conferred upon visionaries and is a recognition of those who have helped to revolutionize the future of the Indian business setting.
2001: Gold Peacock National Quality Award (2001), Golden Peacock Awards are regarded as the benchmark for corporate excellence all over the world. VIP Industries was presented with this significant award in the year 2001, for achieving 'Total Quality Management'.
2001: Lakshya Award (2001), VIP Industries was the proud receiver of the Lakshya award, yet again in the year 2001. They were lauded for their efficient and superior manufacturing over a large scale.
2001: This award is the testimony of VIP's innovative and productive business setting.
2002: Lakshya Award (2002), VIP The ability to understand everyday demands and fulfil the same with optimized cost plays a crucial role in the manufacturing industry. In 2002, VIP Industries was bestowed upon with the prestigious Lakshya Award in the 'On The Job Achievers' segment for presenting the best project in 'Supply Chain Management Module.'
2003: Rajiv Gandhi National Quality Award (2003), VIP Industries were the joint winners of the 'Rajiv Gandhi National Quality Award' in 2003, for being one of the best Large Scale Manufacturing Industries in India.
2004: Lakshya Award (2004), Lakshya Award is a unique endeavour by NITIE (National Institute of Industrial Engineering) bestowed upon in the honour of corporate excellence.
2004: VIP Industries were awarded the second place for the 'Best Project' segment in the 'On The Job Achievers' category.
2004: Golden Peacock Award (2004), In 2004, VIP Industries were conferred with the Golden Peacock Award for Innovation.
2016: VIP Industries Limited won the India Design Mark (i-Mark) award for Carlton - Hampton 3 Laptop backpack.
2016: Brand Caprese awarded with best brand award in ‘Bags & Accessories’ category by Shoppers Stop.
2016: VIP Industries Ltd was awarded the ‘Regional Best Employer 2016-17’ by World HRD Congress.
2017: Flipkart awarded Brand Skybags as the ‘Best Performing Brand in Travel Category’ for the year 2016-17.
2017: VIP Industries Limited was awarded the ‘Supply Chain Champion for the Year’ by Metro Cash & Carry.
2017: VIP Industries Limited won the India Design Mark (i-Mark) award for VIP Tube.
2018: Brand Skybags & Caprese won the ‘Best Brand Award’ from Flipkart for the year 2017-18.
2018: VIP Industries Limited won the India Design Mark (i-Mark) award for 5 products - Skybags AER Plus DF & DFT; VIP Centaur DFT; Carlton Duo-Tone, Helium & Dublin.
2019: VIP Industries won the India Design Mark (i-Mark) award for Carlton Insignia and Regalia; VIP Zenlite and Modulus; Skybags Vulcan Weekender Backpack and Boom DFT.
2019: Carlton Edge was awarded with the ‘Best TVC Award’ in the consumer durables category by Exchange4Media.
2019: VIP Industries Limited won the ‘People Matters Total Rewards Award 2019’ for ‘Best in Driving Culture of Hyper Productivity’.
2019: VIP Industries Limited won the ‘People Matters L&D Award 2019’ for Best in Leadership Transformation.
2019: VIP Industries Limited won the ‘Economic Times India’s Best Workplaces in Manufacturing Award 2019’.
2020: VIP Industries Limited won the CFBP (Council for Fair Business Practices) award in the Category ‘Manufacturing Enterprises - Large’ for the year 2019-20.

Milestones

1968: VIP Industries was incorporated.
1971: The company’s manufacturing facility located at Nasik was commissioned.
1982: Manufacturing facility located at Jalgoan was commissioned.
1983: The company introduced NR mechanism under which the luggage will not open in upside down position.
1986: The company set up a manufacturing facility in Nagpur. The same year the company introduce padded handle for better grip.
1989: The company introduced advance locking system -- dual action lock. VIP also launched its brand ‘Alfa’.
1993: VIP set up a manufacturing facility located at Sinnar.
1995: The company introduced Heat Sealing Method wherein it manufactured moulded luggage (No Metal Frame) having inside fabric lining.Company also introduced Dual Material Dimpled Bumper that allows rough usage of luggage.
1996: It introduced the corner lock feature.
1998: Vertical Access Feature was launched allows user to open the luggage in order to access documents in vertical condition.
2000: It launched the brand ‘Delsey’. The company launched Convipack-a soft luggage inside a hard luggage. The same year the company introduced cable lock
2001: The company introduced center locking mechanism -- a single locking actions locks all the multiple latches. Rolling Scratch Guard was launched in order to avoid scratch marks.
2002: The company introduced luggage with Paper frame and handle locking mechanism.
2003: VIP launched FM radio in luggage.
2004: The company acquired Carlton MEA, Hong Kong. The company has presence in 65 countries with a design studio located in London and regional offices in Dubai and Hong Kong.
2010: VIP Introduces 'Superlite' - lightweight bags that enable you travel easier and pack more without the fear of paying excess baggage fees.
2011: VIP ushers in the four wheeling revolution in india with the launch of its 360 wheeling range.
2012: Manufacture of printed PC cases.
2013: Caprese Launch.
2014: Bangladesh Plant.
2020: VIP Industries has raised Rs 50 crore through listed, secured, rated, redeemable, Non-Convertible Debenture (NCDs) on Private Placement basis.
2020: VIP Industries Limited got recognized as a ‘Bronze’ employer in the IWEI’s (India Workplace Equality Index) Top Employers for 2020.