VIP INDUSTRIES LTD (VIPIND) financials

VIP INDUSTRIES LTD (VIPIND) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

VIP Industries is engaged interalia, in the business of manufacturing and marketing of luggage, bags and accessories.

Market Cap: ₹3,848Cr.
Current Price: ₹271
ROE: -108%
ROCE: -32.3%
Book Value: ₹14.7
Dividend Yield: 0.00%
52W High / Low: ₹473/266

In Jun 2026, VIP INDUSTRIES LTD (VIPIND) reported sales ₹570 Cr and net profit ₹-59 Cr.

Annual TTM: sales ₹1,857 Cr, net profit ₹-379 Cr.

Shareholding: Promoters 42.35% (Sep 2026), FIIs 4.66% (Sep 2026), DIIs 16.54% (Sep 2026), Public 36.45% (Sep 2026), No. of Shareholders 1,19,955% (Sep 2026).

VIPIND quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	544	500	488	561	404	453	431	570
Expenses	553	482	492	548	509	515	529	590
Operating Profit	-9	18	-4	13	-105	-62	-98	-20
OPM %	-1.6%	3.6%	-0.8%	2.3%	-26%	-14%	-23%	-3.5%
Other Income	3	3	7	1	14	72	6	5
Interest	19	17	16	16	16	16	19	15
Depreciation	26	27	28	29	30	29	28	29
Profit before tax	-51	-22	-40	-31	-138	-35	-139	-59
Tax %	-24%	-24%	-24%	-25%	1%	10%	2%	1%
Net Profit	-38	-17	-31	-23	-139	-38	-142	-59
EPS in Rs	-2.71	-1.19	-2.15	-1.64	-9.79	-2.69	-10.02	-4.19
Raw PDF	—	—	—	—	—	—	—	—

VIPIND profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,710	613	1,257	2,020	2,216	2,170	1,849	1,857
Expenses	1,463	689	1,138	1,840	2,086	2,115	2,099	2,143
Operating Profit	247	-76	119	180	129	54	-250	-286
OPM %	14%	-12%	9%	9%	6%	2.5%	-14%	-15%
Other Income	-24	59	47	97	41	15	93	98
Interest	24	29	24	25	51	70	69	67
Depreciation	78	67	58	58	83	106	117	116
Profit before tax	121	-113	84	193	36	-107	-343	-371
Tax %	27%	-25%	24%	17%	23%	-24%	0%	—
Net Profit	89	-85	64	161	28	-81	-343	-379
EPS in Rs	6.28	-5.98	4.50	11.36	1.97	-5.73	-24.14	-26.69
Dividend Payout %	51%	0%	55%	40%	101%	0%	0%	—

VIPIND balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	28	28	28	28	28	28	28	28
Reserves	518	519	440	477	579	588	521	180
Borrowings	86	251	331	233	289	755	655	700
Other Liabilities	396	353	209	294	350	485	480	506
Total Liabilities	1,029	1,151	1,008	1,032	1,246	1,857	1,685	1,415
Fixed Assets	83	311	234	202	238	462	453	459
CWIP	4	3	2	6	14	4	8	3
Investments	44	89	198	100	76	54	56	113
Other Assets	897	748	574	723	918	1,336	1,169	840
Total Assets	1,029	1,151	1,008	1,032	1,246	1,857	1,685	1,415

VIPIND cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	-64	271	75	-14	63	-116	264	97
Cash from Investing Activity	23	-67	-139	173	15	-49	-36	-25
Cash from Financing Activity	31	-207	73	-163	-63	171	-227	-76
Net Cash Flow	-11	-3	9	-5	15	6	1	-4
Free Cash Flow	-103	238	96	-31	-6	-193	222	123
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	3%	125%	-101%	-6%	57%	-77%	486%	-38%

VIPIND shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	51.74%	51.74%	51.74%	49.74%	42.35%	42.35%	42.35%	42.35%
FIIs	7.43%	7.68%	7.27%	6.95%	6.73%	7.06%	5.17%	4.66%
DIIs	13.31%	12.75%	13.78%	16.06%	17.42%	16.87%	16.63%	16.54%
Public	27.54%	27.86%	27.22%	27.27%	33.51%	33.74%	35.85%	36.45%
No. of Shareholders	1,40,689	1,41,217	1,37,162	1,29,330	1,27,663	1,22,978	1,21,764	1,19,955

VIPIND key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	61	56	87	60	44	54	62	52
Inventory Days	189	156	205	192	151	231	165	104
Days Payable	122	118	136	110	76	117	111	115
Cash Conversion Cycle	128	94	156	142	119	167	117	42
Working Capital Days	78	59	29	79	58	46	30	-43
ROCE %	36%	27%	-12%	14%	25%	5%	-3%	-32%

VIPINDUpdated 16 Oct 2026, 6:16

Vip Industries Ltd

VIPINDUpdated 16 Oct 2026, 6:16

Market Cap

₹3,848Cr.

Current Price

₹271

High / Low

₹473/266

ROE-108%

ROCE-32.3%

Book Value₹14.7

Face Value₹2.00

Dividend Yield0.00%

About

VIP Industries is engaged interalia, in the business of manufacturing and marketing of luggage, bags and accessories.

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	622	9	564	29	17	61	25	46	3.24
Sep 2023	538	11	514	3	20	-3	-27	-2	-0.17
Dec 2023	541	14	516	6	23	-6	-22	-5	-0.34
Mar 2024	515	15	494	4	24	-15	-30	-11	-0.75
Jun 2024	638	17	591	2	26	6	25	4	0.31
Sep 2024	544	19	553	3	26	-51	-24	-38	-2.71
Dec 2024	500	17	482	3	27	-22	-24	-17	-1.19
Mar 2025	488	16	492	7	28	-40	-24	-31	-2.15
Jun 2025	561	16	548	1	29	-31	-25	-23	-1.64
Sep 2025	404	16	509	14	30	-138	1	-139	-9.79
Dec 2025	453	16	515	72	29	-35	10	-38	-2.69
Mar 2026	431	19	529	6	28	-139	2	-142	-10.02
Jun 2026	570	15	590	5	29	-59	1	-59	-4.19

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	1017	3	939	7	15	67	28	48	3.39
Mar 2016	1192	3	1087	3	12	92	31	63	4.49
Mar 2017	1251	3	1130	9	11	116	34	76	5.41
Mar 2018	1410	2	1227	10	11	179	34	119	8.39
Mar 2019	1784	4	1581	10	13	197	34	129	9.11
Mar 2020	1710	24	1463	-24	78	121	27	89	6.28
Mar 2021	613	29	689	59	67	-113	-25	-85	-5.98
Mar 2022	1257	24	1138	47	58	84	24	64	4.5
Mar 2023	2020	25	1840	97	58	193	17	161	11.36
Mar 2024	2216	51	2086	41	83	36	23	28	1.97
Mar 2025	2170	70	2115	15	106	-107	-24	-81	-5.73
Mar 2026	1849	69	2099	93	117	-343	0	-343	-24.14
TTM	1857	67	2143	98	116	-371	—	-379	-26.69

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	42.35%
FIIs	4.66%
DIIs	16.54%
Public	36.45%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	51.77%	7.49%	12.84%	27.91%
Mar 2024	51.76%	8.07%	12.68%	27.5%
Jun 2024	51.75%	7.32%	13.76%	27.18%
Sep 2024	51.74%	7.82%	12.28%	28.19%
Dec 2024	51.74%	7.43%	13.31%	27.54%
Mar 2025	51.74%	7.68%	12.75%	27.86%
Jun 2025	51.74%	7.27%	13.78%	27.22%
Sep 2025	49.74%	6.95%	16.06%	27.27%
Dec 2025	42.35%	6.73%	17.42%	33.51%
Mar 2026	42.35%	7.06%	16.87%	33.74%
Jun 2026	42.35%	5.17%	16.63%	35.85%
Sep 2026	42.35%	4.66%	16.54%	36.45%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	28	279	31	161	499	55	1	18	424	499
Mar 2016	28	308	14	229	580	52	1	20	507	580
Mar 2017	28	370	0	207	605	49	1	88	468	605
Mar 2018	28	444	0	294	766	62	1	101	602	766
Mar 2019	28	518	86	396	1029	83	4	44	897	1029
Mar 2020	28	519	251	353	1151	311	3	89	748	1151
Mar 2021	28	440	331	209	1008	234	2	198	574	1008
Mar 2022	28	477	233	294	1032	202	6	100	723	1032
Mar 2023	28	579	289	350	1246	238	14	76	918	1246
Mar 2024	28	588	755	485	1857	462	4	54	1336	1857
Mar 2025	28	521	655	480	1685	453	8	56	1169	1685
Mar 2026	28	180	700	506	1415	459	3	113	840	1415

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	13	-2	-14	-3
Mar 2016	51	-7	-45	0
Mar 2017	125	-72	-51	2
Mar 2018	84	-30	-44	10
Mar 2019	-64	23	31	-11
Mar 2020	271	-67	-207	-3
Mar 2021	75	-139	73	9
Mar 2022	-14	173	-163	-5
Mar 2023	63	15	-63	15
Mar 2024	-116	-49	171	6
Mar 2025	264	-36	-227	1
Mar 2026	97	-25	-76	-4

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	40	46	35	46	61	56	87	60	44	54	62	52
Inventory Days	140	150	143	156	189	156	205	192	151	231	165	104
Days Payable	74	86	80	115	122	118	136	110	76	117	111	115
Cash Conversion Cycle	106	110	99	86	128	94	156	142	119	167	117	42
Working Capital Days	70	72	68	70	78	59	29	79	58	46	30	-43
ROCE %	20%	28%	32%	42%	36%	27%	-12%	14%	25%	5%	-3%	-32%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of VIP INDUSTRIES LTD (VIPIND)?

The reported market capitalisation for VIP INDUSTRIES LTD (VIPIND) is ₹3,848Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of VIPIND?

The current price shown for VIP INDUSTRIES LTD (VIPIND) on Fincrux is ₹271 with a 52-week high/low of ₹473/266.

What were VIPIND latest quarterly results?

For Jun 2026, VIP INDUSTRIES LTD (VIPIND) reported sales ₹570 Cr and net profit ₹-59 Cr (figures in ₹ crore unless noted).

What are VIPIND annual sales and net profit?

For TTM, VIP INDUSTRIES LTD (VIPIND) shows sales of ₹1,857 Cr and net profit of ₹-379 Cr on the Fincrux profit & loss statement.

Who owns VIP INDUSTRIES LTD (VIPIND)?

Latest shareholding for VIP INDUSTRIES LTD (VIPIND) on Fincrux: Promoters 42.35% (Sep 2026), FIIs 4.66% (Sep 2026), DIIs 16.54% (Sep 2026), Public 36.45% (Sep 2026), No. of Shareholders 1,19,955% (Sep 2026).

Where can I find VIP INDUSTRIES LTD (VIPIND) financials?

VIP INDUSTRIES LTD (VIPIND) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show VIPIND balance sheet and cash flow?

Yes. The VIP INDUSTRIES LTD (VIPIND) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 16 October 2026 at 6:16