Market closed · data as of 27 Aug 2026 · source NSE via Alphave. Open the live chart →
Luggage and travel accessories maker selling hard and soft luggage, backpacks and handbags under the VIP, Skybags, Aristocrat, Alfa and premium Carlton brands, plus the Caprese ladies' handbag brand. Manufactures in India and Bangladesh with a large distribution network across general trade, modern retail and e-commerce. Revenue is driven by travel demand, wedding/education seasons and the value-vs-premium brand mix; the founding Piramal (DGP) family agreed in 2025 to sell a controlling stake to a Multiples-led consortium.
One of India's largest luggage companies, historically the market leader, now in a close contest with Safari and Samsonite.
V.I.P. Industries Ltd. is a constituent of NIFTY MICROCAP 250. See where it sits on the market heatmap →
Consolidated annual figures taken from V.I.P. Industries Ltd.'s own filed statements — not estimates, and not restated by us. The most recent period shown is FY26 (year ended 31 Mar 2026).
| Metric | FY26 | FY25 | FY24 |
|---|---|---|---|
| EPS (basic, ₹) | -23.79 | -4.84 | 3.84 |
| Book value / share (₹) | 20.38 | 43.39 | 47.76 |
| Return on equity | -116.8% | -11.2% | 8.0% |
| Return on capital employed | -64.4% | -4.0% | 9.6% |
| Operating margin | -19.8% | -1.7% | 4.2% |
| Net margin | -18.2% | -3.2% | 2.4% |
| EBITDA | ₹-241 Cr | ₹82 Cr | ₹194 Cr |
| Free cash flow | ₹133 Cr | ₹249 Cr | ₹-232 Cr |
| Total debt | ₹411 Cr | ₹415 Cr | ₹533 Cr |
| Debt to equity | 1.42 | 0.67 | 0.79 |
| Interest coverage | -5.2 | -0.5 | 1.7 |
| Current ratio | 0.96 | 1.28 | 1.31 |
| Shares outstanding | 14,20,50,000 | 14,20,00,000 | 14,19,50,000 |
Open the full income statement, balance sheet and cash flow for VIPIND →
As disclosed for the quarter ended 30 Jun 2026.
Institutional ownership changes quarter to quarter. See daily FII and DII flows across the market →
Companies Alphave classifies in the same sub-sector, closest by market capitalisation.