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V I P Industries Ltd share price logo

V I P Industries Ltd

(VIPIND)

₹500.452.8%

as on 04:01PM, 06 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 11 analysts

HOLD

36.36%

Buy

45.45%

Hold

18.18%

Sell

Based on 11 analysts offering long term price targets for V I P Industries Ltd. An average target of ₹496.91

Source: S&P Global Market Intelligence

V I P Industries Ltd Share analysis

V I P Industries Ltd price forecast by 11 analysts

Downside of-0.71%

High

₹635

Target

₹496.91

Low

₹410

V I P Industries Ltd target price ₹496.91, a slight downside of -0.71% compared to current price of ₹500.45. According to 11 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹497.35
    ₹517.9
  • 52 Week's Low

    52 Week's High

    ₹428.5
    ₹722.85
1 Month Return+ 10.89 %
3 Month Return+ 3.43 %
1 Year Return-29.7 %
Previous Close₹514.85
Open₹517.05
Volume6.62L
Upper Circuit-
Lower Circuit-
Market Cap₹7,309.50Cr

Key Statistics

P/E Ratio12511.25
PEG Ratio-1261.21
Market Cap₹7,309.50 Cr
P/B Ratio12.1
EPS3.83
Dividend Yield0.38
SectorPlastic products
ROE1.24

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹7,309.50 Cr5.08%0.78₹54 Cr₹2,244 Cr
NA₹5.68 Cr10.4%1.29NANA
NA₹7,363.73 Cr35.4%0.59₹161 Cr₹1,086 Cr
NA₹21.82 Cr209.72%0.53NANA
NA₹32.02 Cr-4.92%0.56NANA

Company Information

V I P Industries Ltd is one of India's leading luggage, bags and accessories manufacturers. Incorporated in 1971, the company has been providing an extensive range of products to its customers for almost 50 years.

V I P Industries Ltd operates in multiple lines of business, including luggage, bags and accessories. Its product range includes suitcases, backpacks, duffel bags, laptop bags, travel accessories, handbags, wallets, and more. The company's popular brands include American Tourister, Carlton, Skybags, Aristocrat, and Alfa. It is also known for its innovative products such as the 'smart luggage' range, which is equipped with features such as GPS tracking and USB charging ports.

Share Price: ₹500.45 per share as on 06 Sep, 2024 04:01 PM
Market Capitalisation: ₹7,309.50Cr as of today
Revenue: ₹638.89Cr as on June 2024 (Q2 24)
Net Profit: ₹4.04Cr as on June 2024 (Q2 24)
Listing date: 30 Nov, 1994
Chairperson Name: Dilip G Piramal
OrganisationV I P Industries Ltd
HeadquartersMumbai
IndustryPlastic products
E-voting on sharesClick here to vote
Vip Luggage Share Price
Safari Luggage Share Price

Key events for V I P Industries Ltd

  • VIP Industries Faces Significant Profit Decline - 30 Aug, 2024

    VIP Industries reported a drastic 93% decline in net profit to Rs 4 crore, significantly underperforming compared to competitors like Safari. The company's reliance on its plants in Bangladesh poses challenges.

  • VIP Industries Faces Challenges Amid Restructuring - 09 Aug, 2024

    VIP Industries reports reduced demand in the luggage segment, leading to restructuring in its Bangladesh facility. The company has restricted raw material purchases and is monitoring the situation closely. FY24 results show mixed performance with a turnover of Rs. 406.32 crore and a PAT of Rs. 46.56 crore for VIP Luggage, while its Bangladesh operations faced a net loss.

  • VIP Industries Faces Challenges Amid Market Adjustments - 08 Aug, 2024

    VIP Industries is navigating challenges from inventory liquidation and political tensions in Bangladesh. Analysts have cut EPS estimates, maintaining a HOLD rating with a target price of Rs 454.

  • VIP Industries Faces Profit Drop Amid Volume Surge - 07 Aug, 2024

    VIP Industries reported a staggering 93% drop in profit for Q1, despite a slight revenue increase. Shares fluctuated but saw a volume surge, closing higher.

  • VIP Industries Faces Challenges Amid Bangladesh Turmoil - 06 Aug, 2024

    VIP Industries may encounter operational challenges due to the political situation in Bangladesh, potentially disrupting distribution channels and affecting sales, despite lower revenue exposure.

Insights on V I P Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 520.2 Cr → 640.95 Cr (in ₹), with an average increase of 18.8% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, -23.88 Cr → 4.04 Cr (in ₹), with an average increase of 691.1% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 9.29% to 9.95% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Safari Industries India Ltd has given 30.2% return, outperforming this stock by 59.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Safari Industries India Ltd has given 468.4% return, outperforming this stock by 465.0%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 8.07% to 7.32% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 51.76% to 51.75% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 27.48% to 27.17% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, VIPIND stock has moved down by -29.7%

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹636.13Cr (-)₹546.09Cr (↓14.15%)₹546.42Cr (↑0.06%)₹516.32Cr (↓5.51%)₹638.89Cr (↑23.74%)
Net Income₹57.75Cr (-)₹13.28Cr (↓77.00%)₹7.15Cr (↓46.16%)-₹23.88Cr (↓433.99%)₹4.04Cr (↓116.92%)
Net Profit Margin9.08% (-)2.43% (↓73.24%)1.31% (↓46.09%)-4.63% (↓453.44%)0.63% (↓113.61%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,008.39Cr (-)₹1,032.80Cr (↑2.42%)₹1,246.38Cr (↑20.68%)₹1,856.97Cr (↑48.99%)
Total Liabilities₹539.90Cr (-)₹527.55Cr (↓2.29%)₹639.32Cr (↑21.19%)₹1,240.22Cr (↑93.99%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹271.13Cr (-)₹75.28Cr (↓72.23%)-₹14.10Cr (↓118.73%)₹63.04Cr (↓547.09%)-₹116.12Cr (↓284.20%)

Index Inclusions

S&P BSE 250 SmallCap

₹7,401.43

-0.87 (-64.71%)

Nifty MidSmallcap 400

₹20,524.55

-1.24 (-258.1%)

BSE 500

₹37,054.24

-1.18 (-442.56%)

S&P BSE 400 MidSmallCap

₹12,668.03

-1.08 (-138.86%)

Nifty 500

₹23,477.70

-1.2 (-285.1%)

Nifty Smallcap 250

₹18,307.85

-1.01 (-187.5%)

S&P BSE AllCap

₹10,846.85

-1.18 (-129.55%)

BSE Small-Cap

₹55,977.86

-0.96 (-543.75%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
51.75%
-0.01
Foreign Institutions
7.32%
-9.27
Mutual Funds
9.95%
7.10
Retail Investors
27.17%
-1.13
Others
3.81%
11.92

Key Indicators

Details20202021202220232024
Return On Equity %22.31-16.6513.0928.941.24
Details20202021202220232024
Return On Assets %9.7-9.676.4812.222.92
Details20202021202220232024
Book Value Per Share (₹)43.1836.639.5745.347.76
Details20202021202220232024
Earning Per Share (₹)7.91-6.94.7310.753.83

V I P Industries Ltd Valuation

V I P Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-163.72x)

September 24, 2021

Industry (76.86x)

September 6, 2024

Today (12511.25x)

September 6, 2024

Highest (12871.25x)

September 5, 2024

LowHigh

Earnings and Dividends

  • V I P Industries Ltd Earnings Results

    V I P Industries Ltd’s net profit fell -93% since last year same period to ₹4.04Cr in the Q1 2024-2025. On a quarterly growth basis, V I P Industries Ltd has generated 116.92% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • V I P Industries Ltd Dividends January,2024

    In the quarter ending December 2023, V I P Industries Ltd has declared dividend of ₹2 - translating a dividend yield of 0.40%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

V I P Industries Ltd is currently in a Bullish trading position according to technical analysis indicators.

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V I P Industries Ltd (VIPIND) share price today is ₹500.45

V I P Industries Ltd is listed on NSE

V I P Industries Ltd is listed on BSE

  • Today’s highest price of V I P Industries Ltd is ₹517.9.
  • Today’s lowest price of V I P Industries Ltd is ₹497.35.

PE Ratio of V I P Industries Ltd is 12511.25

PE ratio = V I P Industries Ltd Market price per share / V I P Industries Ltd Earnings per share

Today’s traded volume of V I P Industries Ltd(VIPIND) is 6.62L.

Today’s market capitalisation of V I P Industries Ltd(VIPIND) is ₹7309.5Cr.

V I P Industries Ltd(VIPINDPrice
52 Week High
₹722.85
52 Week Low
₹428.5

V I P Industries Ltd(VIPIND) share price is ₹500.45. It is down -30.77% from its 52 Week High price of ₹722.85

V I P Industries Ltd(VIPIND) share price is ₹500.45. It is up 16.79% from its 52 Week Low price of ₹428.5

V I P Industries Ltd(VIPINDReturns
1 Day Returns
-14.4%
1 Month Returns
10.89%
3 Month Returns
3.43%
1 Year Returns
-29.7%