Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

VIP Clothing Limited

NSE: VIPCLOTHNGGarments & Apparels

Share price

₹19.97

-0.25% close of 8 Oct 2026

Market cap ₹180 CrP/E 18.9

Business score

How strong the business is, in one number. The parts behind it are in Pro.

54

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹180 Cr

P/E ratio

18.9

P/B ratio

0.9

ROCE

8.3%

ROE

5.3%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹36.0052-week low ₹14.79

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 0.3% over the past year, and -0.2% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 3.4% to 8.5% over the last four years.

Whether it grew faster than its sector

It grew -0.2% a year against a sector median of 7.2% — 7.4 percentage points slower.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Priced at 0.3 times its growth rate, on earnings growth of 74%.

Profit growthPrice per ₹1 profitPer 1% growth
VIP Clothing Limited — this one74%/yr18.9×₹0.26
Arvind Limited6%/yr30.5×₹5.1
Pearl Global Industries Limited25%/yr37.4×₹1.5
Gokaldas Exports Limited-25%/yr46.9×—
Lux Industries Limited-9%/yr31.3×—
SBC Exports Limited54%/yr79.8×₹1.5

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Garments & Apparels), it ranks 19 of 34 on returns, 31 of 32 on growth, 16 of 34 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 8.3% on capital, ahead of 44% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹2 crore of cash from the business, spent ₹10 crore on plant and equipment, and returned ₹22 crore to lenders and shareholders. It has not made a profit over 12 years.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 13 Aug 2026 · Standalone · Unaudited

Revenue

₹65 Cr

Revenue vs last year

-1.2%

Revenue vs last quarter

-9.6%

Net profit

₹2 Cr

Profit vs last year

-13.9%

Profit vs last quarter

-56.7%

Net margin

3.0%

EPS

₹0.21

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹180 Cr
Prev close
₹19.97
52w High
₹37.5
52w Low
₹14.1
Enterprise value
₹249 Cr
Beta
1.1
Price CAGR 1y
-43.0%
Price CAGR 3y
-28.0%
Price CAGR 5y
1.0%
Price CAGR 10y
-10.0%

Ratios

Return on assets
3.0%
PEG ratio
0.3
P/E ratio
18.9
P/B ratio
0.9
EV / EBITDA
11.5
Industry P/E
21.1
ROCE
8.3%
ROCE 5y average
3.6%
ROE
5.3%
Debt / Equity
0.4
Interest coverage
2.3
Dividend yield
0.0%
ROE 3y average
1.0%
ROE last year
5.0%

Annual P&L

Annual revenue
₹254 Cr
Annual profit
₹10 Cr
Operating margin
9.0%
Net profit margin
3.9%
EBITDA margin
9.4%
Sales growth 3y
8.1%
Sales growth 5y
12.2%
Profit growth 3y
74.0%
Profit growth 5y
62.0%
EPS
₹1.1
Sales growth TTM
0.0%
Profit growth TTM
28.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹65 Cr
Profit latest quarter
₹2 Cr
YoY quarterly sales growth
-1.2%
YoY quarterly profit growth
-14.0%
OPM latest quarter
7.8%

Balance Sheet

Book Value
₹21.6
Face Value
₹2.0
Total debt
₹70 Cr
Total cash
₹1 Cr
Borrowings
₹70 Cr
Reserves / Equity
9.8

Cash Flow

Operating cash flow
₹20 Cr
Free cash flow
₹20 Cr
FCF yield
5.7%
Net cash flow
₹0 Cr

Shareholding

Promoter holding
46.5%
FII holding
0.0%
DII holding
0.0%
Public holding
53.4%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Page Industries36,603.0052.240,8271.47192.8-4.01,420.57.964.4
Arvind Ltd510.2531.613,8810.8657.825.92,501.024.614.7
Pearl Global Ind1,267.8037.411,7120.5699.250.91,528.324.519.9
Gokaldas Exports657.0046.84,8140.0044.36.81,153.520.77.7
Lux Industries1,115.6532.43,3550.1722.0-8.1615.31.87.7
SBC Exports63.1788.63,0080.009.4269.8106.072.816.8
Kewal Kir.Cloth.473.0019.72,9150.8341.021.5279.019.417.2
VIP Clothing20.0019.01800.001.9-14.064.7-1.28.3
Median122.0020.94250.006.915.8111.99.914.0

Competes with: Arvind Limited, Gokaldas Exports Limited, Kewal Kiran Clothing Limited, Kitex Garments Limited, Lux Industries Limited, Page Industries Limited, Pearl Global Industries Limited, S. P. Apparels Limited, SBC Exports Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales54524532505963656566517265
Expenses50524640475658595960476560
Material Cost209.12126.379.9815
Change in Inventories-0.768.87-4.082.37-3.081.29
Purchases of Stock-in-Trade202737264732
Employee Cost5.925.225.134.984.804.42
Other Expenses149.489.696.946.427.48
Operating Profit3.530.68-1.13-7.832.813.414.695.756.246.143.676.825.07
OPM %6.581.30-2.52-245.615.767.498.869.539.297.239.537.84
Other Income0.090.130.100.100.140.320.240.660.150.180.520.190.16
Exceptional items (within Other Income)000000
Interest2.072.302.202.511.931.981.792.362.452.232.191.911.87
Depreciation0.680.680.660.700.700.690.700.850.680.680.630.640.73
Profit before tax0.87-2.17-3.89-110.321.062.443.203.263.411.374.462.63
Tax %3114-13-32252518243235320.9027
Net Profit0.61-2.48-3.38-7.400.230.8122.422.222.240.934.421.91
EPS in Rs0.07-0.30-0.41-0.900.030.090.220.270.250.250.100.490.21
Diluted EPS in Rs0.270.250.250.100.480.21

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales261194231222207172143183201183237254253
Expenses233194217212203188140176188188220230231
Material Cost8438
Change in Inventories-1.994.08
Purchases of Stock-in-Trade63137
Employee Cost2320
Other Expenses5233
Operating Profit28-014104-163713-5172422
OPM %11-064.701.80-92.103.706-2.60799
Other Income07-61232280111
Exceptional items (within Other Income)00
Interest131312119101110998.05108
Depreciation5433344432.722.942.633
Profit before tax11-9-8-3-7-28-10-48-167.021312
Tax %365-518-5-46-89-4620-222222
Net Profit7-10-7-3-6-15-1-27-135.469.8110
EPS in Rs0.89-1.20-0.89-0.37-0.75-1.81-0.13-0.270.80-1.530.611.091.05
Diluted EPS in Rs0.621.07
Dividend Payout %2700000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
3%
5 years
12%
3 years
8%
TTM
0%

Compounded profit growth

10 years
10%
5 years
62%
3 years
74%
TTM
28%

Stock price CAGR

10 years
-10%
5 years
1%
3 years
-28%
1 year
-43%

Return on equity

10 years
-2%
5 years
0%
3 years
1%
Last year
5%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital131313171717171717171818
Reserves8380143178135120119117135122167176
Borrowings9894968083799310389818270
Other Liabilities615688896857424846526364
Total Liabilities255243341364302272270285286271329328
Fixed Assets676217116610910910710497999795
CWIP200000000000
Investments000000000000
Other Assets186182170198194163163181188171232233
Total Assets255243341364302272270285286271329328

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity121010-177146-41310-3720
Cash from Investing Activity-42123-13-1-011-042
Cash from Financing Activity-8-11-2115-6-16-21-14-2134-22
Net Cash Flow-0011022-310-1100
Free Cash Flow81121-156145-42410-3820

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days10610384107106103154120122116152138
Inventory Days216367268323336302330311240281233195
Days Payable7410859696368961068412511988
Cash Conversion Cycle248362292361380338387326279272267245
Working Capital Days427263135138105102818373131141
ROCE %12-2531-8025-368

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters505050505047474747474747
FIIs0.270.030.120.0300.450.480.480.500.460.150
DIIs000000000000.02
Public505050505053535353535353
No. of Shareholders32,05432,07633,18934,33632,53232,09131,90632,56432,81532,32732,06231,542

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -42.0% (₹34.46 → ₹19.97)Brick size ₹1.02 (fixed)Bricks 40
₹30.00₹19.97Nov '25Jan '26Mar '26May '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹19.97 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

69.25inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about VIP Clothing Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • Fabric, yarn and garment accessories
  • Packing material

Depends on the price of

  • cotton

Sells to

  • ETERNAL LIMITED · VIP and Frenchie innerwear for quick-commerce inventory
  • Swiggy Limited · VIP and Frenchie innerwear for quick-commerce inventory
  • Zepto · VIP and Frenchie innerwear for quick-commerce inventory

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Textiles
Industry
Garments & Apparels
Classification
Textiles › Garments & Apparels
ISIN
INE450G01024

Plants

  • VIP Clothing stitching unit, Appachimarmadam Erode
  • VIP Clothing stitching unit, Thingalur
  • VIP Clothing wind mill, Chinnakkully Village Coimbatore

News impact

Big market events that reach VIP Clothing Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

16 Sep 2015unspecified₹0.3
16 Sep 2014unspecified₹0.2
6 Aug 2013unspecified₹0.25
14 Aug 2012unspecified₹0.3
3 Aug 2011unspecified₹0.1
4 Aug 2010unspecified₹0.4

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 2, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
29 Sep 2026Lalita Jaykumar Pathare · Promoter GroupUNKNOWN6,00,0001.30
15 Sep 2026Sunil Jaykumar Pathare · Promoter and DirectorBUY22,50,0005.06
15 Sep 2026Kapil Jaykumar Pathare · Promoter and DirectorBUY22,50,0005.06
15 Sep 2026Kanishk Sunil Pathare · Promoter GroupBUY19,50,0004.39
15 Sep 2026Avyukta Kapil Pathare · Promoter GroupBUY19,50,0004.39

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.