V.I.P. Industries Limited

NSE: VIPIND · Plastic Products - Consumer

52W Range₹278 ₹473

Snapshot

Unlock V.I.P. Industries Limited's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

V.I.P. Industries Limited is a prominent Indian manufacturer and retailer of luggage, bags, and travel accessories. The company operates a diverse portfolio of brands including VIP, Caprese, Carlton, Skybags, Alfa, Footloose, and Aristocrat, catering to various consumer segments.

Business Model

The company generates revenue through the design, manufacture, and sale of hard and soft luggage, backpacks, and travel accessories across domestic and international markets. It leverages a multi-brand strategy to address different price points and consumer preferences, distributing products through an extensive retail and export network.

  • Export Presence:45 countries
  • Incorporation Year:1968

Growth Outlook

Growth is expected to be driven by the expansion of its diverse brand portfolio and the strengthening of its international footprint across 45 countries. Continued focus on product innovation in both hard and soft luggage categories remains a key priority.

Key Risks

  • Raw Material Price Volatility. Fluctuations in the cost of polymers and other raw materials used in luggage manufacturing can significantly impact profit margins.
  • Intense Market Competition. The company faces stiff competition from both established international brands and unorganised local players in the Indian luggage market.
  • Economic Sensitivity. Demand for travel-related products is highly sensitive to macroeconomic conditions and consumer discretionary spending patterns.
  • Supply Chain Disruptions. Dependence on global supply chains for components and export logistics exposes the company to geopolitical and trade-related risks.

Price

Start your research today

Unlock AI insights, financials, peers and live data on V.I.P. Industries Limited and 5,000+ companies — free.

Start your research

Key Metrics

REVENUE

₹1,858 Cr

TTM · consolidated

-14.7%YoY

NET PROFIT

₹-338 Cr

TTM · consolidated

-391.4%YoY

EPS

₹-23.79

TTM · consolidated

-391.5%YoY

RETURN ON EQUITY

-63.2%

TTM · consolidated

-52.8 ppYoY

RETURN ON CAPITAL EMPLOYED

-32.5%

TTM · consolidated

-30.6 ppYoY

P/E

-12.5x

Q4 FY26 · consolidated

-12.5 vs 215.3x5Y avg

EV/EBITDA

-21.0x

Q4 FY26 · consolidated

-21.0 vs 21.2x5Y avg

EBITDA MARGIN

-11.8%

TTM · consolidated

-16.1 ppYoY

NET PROFIT MARGIN

-29.5%

Q4 FY26 · consolidated

-24.0 ppYoY

DEBT TO EQUITY

1.4x

Q4 FY26 · consolidated

+0.75xYoY

Peers · Plastic Products - Consumer

CompanyMkt Cap (Cr)P/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
V.I.P. Industries LimitedVIPIND
4,559-12.48-21.05-14.7%-11.8%-63.2%-32.5%-38.2%
Safari Industries (India) LimitedSAFARI
7,34147.4926.9515.5%14.4%16.9%20.7%-26.0%
Nilkamal LtdNILKAMAL
1,69215.305.3940.7%8.7%8.7%11.1%-22.9%
Wim PlastWIMPLAST
4276.714.381.0%25.1%11.6%15.1%
Bai-Kakaji Poly.BAIKAKAJI
37213.0%

As of Q4 FY26

Financials