Is VIP Industries (VIPIND) overvalued or fairly valued?

MarketChacha shows VIP Industries's valuation in context — a forward P/E of about 110.0, a price-to-book of about 18.4 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is VIP Industries's revenue?

VIP Industries reported revenue of ₹1,849 Cr for FY2026, with net profit of ₹-343 Cr, per official filings.

What is the share price of VIP Industries (VIPIND)?

VIP Industries last traded at ₹270.35 (+0.2% on the day), as of 10/19/2026 — a delayed quote shown for education, not investment advice.

VIP Industries

VIPIND · NSE · Consumer · India

Snapshot

TickerVIPIND

ExchangeNSE

SectorConsumer

IndustryFootwear & Accessories

CountryIndia

CEOMr. Anjan Mohanty

Employees4,453

HeadquartersMumbai, India

Websitewww.vipindustries.co.in

Filings tracked6

About VIP Industries

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. The company was incorporated in 1968 and is based in Mumbai, India.

Who owns it

Promoters12.2%
Institutions39.5%
Public & other48.3%

18 institutional holders

Ownership breakdown from public market data. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

Margin has compressed by about 25.5 points over the period — profitability is trending down.

Net margin trend7.3% → -18.2%

Margin has compressed by about 25.5 points over the period — profitability is trending down.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev ₹501 Cr · EPS -3.00

Est. earnings growth -332.1%

Next fiscal year

Rev ₹2,346 Cr · EPS 2.46

Est. earnings growth +135.0%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 5

Revenue (FY2026)

₹1,858 Cr

Net margin

-18.2%

Revenue CAGR (3y)

-3.7%

Net profit (FY2026)

₹-338 Cr

Ask MarketChacha about VIPIND

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2026	₹1,858 Cr	₹-338 Cr	-18.2%
FY2025	₹2,178 Cr	₹-69 Cr	-3.2%
FY2024	₹2,245 Cr	₹54 Cr	2.4%
FY2023	₹2,082 Cr	₹152 Cr	7.3%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
Q1 FY27	₹570 Cr	₹-59 Cr	-4.19	-10.4%
Q4 FY26	₹436 Cr	₹-129 Cr	—	-29.5%
Q3 FY26	₹454 Cr	₹-53 Cr	—	-11.6%
Q2 FY26	₹406 Cr	₹-143 Cr	—	-35.2%
Q1 FY26	₹561 Cr	—	—	—

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

Filings & announcements

2026

Board Meeting Intimation for Considering And Evaluating The Proposal For Raising Of Funds
VIP Industries Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/09/2026 ,inter alia, to consider and approve In terms of Regulation 29 of ....
BSE9/15/2026material
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the Voting Results of the 59th Annual General Meeting ....
BSE8/21/2026material
Shareholder Meeting / Postal Ballot-Outcome of AGM
Further to our letter dated July 30, 2026, we wish to inform that the 59th Annual General Meeting ("AGM") of the Company was held today i.e. Friday, August 21, 2026, at 2:30 P.M. through ....
BSE8/21/2026material
Business Responsibility and Sustainability Reporting (BRSR)
Pursuant to Regulations 34(2)(f) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached the Business Responsibility and Sustainability Report ....
BSE7/30/2026
Notice Convening The 59Th Annual General Meeting Of V.I.P. Industries Limited For The Financial Year 2025-26.
Pursuant to Regulation 30 read with para A of part A of Schedule III of SEBI(Listing Obligations and Disclosure Requirements), Regulations, 2015, please find attached Notice convening the ....
BSE7/30/2026material
Reg. 34 (1) Annual Report.
Pursuant to Regulation 34 (1) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, please find attached Annual Report of the Company for the financial year 2025-26.
BSE7/30/2026

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.