NSE: VIPIND | BSE: 507880

Momentum Trap

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410.05 -16.15 (-3.79%)

High volume today

NSE 26 Sep, 2025 12:52 PM (IST)

5,824.5

Market Cap

High in industry

1.0

Beta 1Year

Average volatility

MD Appointment

VIP Industries' board appoints Atul Jain as the Managing Director for five years, effective Sept 23 See details

VIP Industries Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for VIPIND, BSE:507880 VIP Industries Ltd.

VIP Industries Ltd.

30 Jul 2019

410.05

-3.79%

Q1FY20 Result Update

Buy: VIP Industries Ltd.

Target

Prabhudas Lilladhar

from brand VIP (repositioning done in April) has helped the company tackle slowdown concerns better. Nonetheless, given the current situation, we cut our sales estimates by 8%/13% for FY20E/21E. Despite subdued top-line growth, gross margin expanded 10bps YoY to 50.4% and Ind-AS adjusted EBITDA margin expanded 60bps YoY to 19.2% due to 1) lag effect of price hike taken in March 2) only partial liquidation of high cost inventory sitting on books 3) launch of new products with better margin profile 4) superior product mix (sales of high margin brand VIP has increased) and 5) better...

VIP Industries Ltd. has an average target of 398.00 from 3 brokers.

VIP Industries Ltd.

25 Mar 2019, 12:00AM

410.05

-3.79%

Company Initiation - Bag it for a sky ride

Buy: VIP Industries Ltd.

Prabhudas Lilladhar

VIP is a formidable play on luggage market in India .......................................... 5 Investment Argument............................................................................................. 7 Organized luggage industry on cusp of higher growth ....................................... 7 VIP all set to ride the growth phase in luggage industry................................... 10 Creating twin levers of growth .......................................................................... 15 Channel checks indicate brand pull for Skybags is high; Carlton is a sturdy product ............................................................................................................. 16 Competitive landscape of the luggage industry ................................................ 17...

VIP Industries Ltd. is trading below its 30 day SMA of 431.6

VIP Industries Ltd.

08 Feb 2019

410.05

-3.79%

V I P Industries Ltd

Accumulate: VIP Industries Ltd.

Recommendation Target

Angel Broking

For Q3FY2019, VIP Industries (VIP) posted a strong yoy growth of 27% in revenue to `430 cr mainly led by 30-35% volume growth. This growth was above our expectation of 21%. Outlook and Valuation: While the growth in volume remains encouraging and is likely to sustain as the company is in sweet spot in

Number of FII/FPI investors decreased from 124 to 117 in Jun 2025 qtr

VIP Industries Ltd.

21 Nov 2018

410.05

-3.79%

VIP Industries Ltd. - Q2FY19 Result Update - Strong performance; growth momentum to remain healthy

Buy: VIP Industries Ltd.

Target

Religare

VIP Industries (VIP) reported healthy set of numbers for Q2FY19 with a revenue and PAT growth of 29.9% & 37.8% YoY. Aided by operating leverage (strong volume growth of ~35%) and consumption of low cost inventory, EBITDA grew by 39.6%, while EBITDA margin improved by 88bps YoY to 12.7%. PAT growth stood healthy at 37.7% YoY.

VIP Industries Ltd. has lost -27.69% in the last 1 Year

VIP Industries Ltd.

19 Nov 2018

410.05

-3.79%

Initiating Coverage

Buy: VIP Industries Ltd.

Angel Broking

VIP Industries Ltd (VIP) is the largest luggage player in India with ~50%+ market share in the organised market. It has been able to create successful sub brands like Carlton, VIP Bags, Skybags, Aristocrat, Alfa and Caprese. We feel that the company is in very sweet spot where it is gaining market share from unorganised players and can gr..

VIP Industries Ltd. is trading below its 30 day SMA of 431.6

VIP Industries Ltd.

06 Aug 2018

410.05

-3.79%

VIP Industries

Accumulate: VIP Industries Ltd.

Target

Kotak Securities

Multi quarter super performance VIP Industries has reported its strongest quarter in the history of the company. The strength of the performance indicates strong volume growth in a seasonally strong quarter for the company, improvement in realisations with pass through of raw material price...

Number of FII/FPI investors decreased from 124 to 117 in Jun 2025 qtr

VIP Industries Ltd.

06 Aug 2018

410.05

-3.79%

VIP Industries

Accumulate: VIP Industries Ltd.

Target

Kotak Securities

VIP Industries Ltd. has an average target of 398.00 from 3 brokers.

VIP Industries Ltd.

26 Jun 2018, 12:00AM

410.05

-3.79%

VIP Industries

Mgmt Note: VIP Industries Ltd.

ICICI Securities Limited

We recently met the management of VIP Industries to understand its business model and growth prospects. The company is Asia's leading manufacturer/seller of hard and soft luggage, backpacks, suitcases, shoulder bags, office bags and duffel trolleys. VIP has range of leading brands, positioned across entire price range, catering to value, mid and premium price points. The Indian luggage industry is mainly dominated by unorganised players (50-55% market share). The organised industry is oligopolistic in nature with VIP having 55%+ market share, followed by...

VIP Industries Ltd. has lost -27.69% in the last 1 Year

VIP Industries Ltd.

26 Feb 2018, 09:00AM

410.05

-3.79%

VIP Industries Ltd. - Q3FY18 Result Update - Healthy growth momentum to continue

Buy: VIP Industries Ltd.

Target

Religare

VIP Industries (VIP) reported healthy set of numbers for Q3FY18 with a revenue and PAT growth of 12.1% & 68.5% YoY. Aided largely by appreciation in INR and operating leverage, the EBITDA margins improved by 349bps YoY to 12.2%, which was encouraging.

Number of FII/FPI investors decreased from 124 to 117 in Jun 2025 qtr

VIP Industries Ltd.

16 Jan 2018

410.05

-3.79%

VIP Clothing

Mgmt Note: VIP Industries Ltd.

ICICI Securities Limited

We recently met the management of VIP Clothing (VIP) to understand the business model & outlook, going forward. Incorporated in 1991, VIP (earlier Maxwell Industries) is engaged in marketing & manufacturing innerwear products, mainly catering to men's portfolio (90% of revenues). Over the years, it has created a strong brand legacy with VIP a household name in India. Apart from its flagship brand, the company houses brands under the brands Frenchie and Feelings. VIP has positioned itself as a mass brand with its products priced in the range of | 50-85. To diversify...

VIP Industries Ltd. is trading below its 30 day SMA of 431.6

Is VIP Industries Ltd. worth buying?

380 Votes:

Buy 74.74%

Sell 12.11%

Hold 13.16%

RESEARCH REPORTS

Hold SEE REPORTS >

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Sell SEE REPORTS >

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