VIP Clothing Ltd (VIPCLOTHNG) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 532613 | NSE: VIPCLOTHNG | Textile | Small Cap

VIP Clothing Share Price

35.46 -0.86 -2.37%
as on 05-Dec'25 15:31

VIP Clothing Ltd (VIPCLOTHNG) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 532613 | NSE: VIPCLOTHNG | Textile | Small Cap

DeciZen - make an informed investing decision on VIP Clothing

Based on:

Overall Rating
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality


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2. Valuation


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3. Price Trend


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VIP Clothing stock performance -

Key Ratios
mw4me loader
P/E Ratio (SA):
41.56
Market Cap:
368.8 Cr.
52-wk low:
28
52-wk high:
53.2

Is VIP Clothing Ltd an attractive stock to invest in?


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10 Year X-Ray of VIP Clothing: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
VIP Clothing Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 1.6%2.8%3.2%0.9%-7.6%0.5%2.4%7.4%-3.1%6.3%-
Value Creation
Index
-0.9-0.8-0.8-0.9-1.5-1.0-0.8-0.5-1.2-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 194232222207173143183201183237259
Sales YoY Gr.-19.1%-3.9%-6.7%-16.7%-17.2%27.9%9.7%-8.7%29.3%-
Adj EPS -2-0.1-0.4-0.8-1.8-0.1-0.20.4-1.50.60.9
YoY Gr.-NANANANANANANA-450%NA-
BVPS (₹) 12.520.923.518.416.516.416.216.915.419.118.8
Adj Net
Profit
-15-0.6-2.9-6.3-15.1-1-1.43.5-12.15.89
Cash Flow from Ops. 1010.2-16.66.914.35.8-3.513.110.4-37.4-
Debt/CF from Ops. 9.49.4-4.811.95.515.3-28.66.57.2-2.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 2.2%6.5%9%29.3%
Adj EPS NANANANA
BVPS4.8%2.9%5.7%23.9%
Share Price -3.9% 24.9% -4.8% -25.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-15.6-0.5-1.6-3.6-10.4-0.8-12.5-8.43.64.6
Op. Profit
Mgn %
-0.46.84.81.8-92.14.37.1-2.27.28.8
Net Profit
Mgn %
-7.7-0.3-1.3-3-8.7-0.7-0.81.7-6.62.43.4
Debt to
Equity
10.60.40.60.60.70.80.60.60.50
Working Cap
Days
340272294335366330270258264256147
Cash Conv.
Cycle
28021623526628822418315715714262

Recent Performance Summary

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Latest Financials - VIP Clothing Ltd.

Standalone Consolidated
TTM EPS (₹) 0.9 -
TTM Sales (₹ Cr.) 259 -
BVPS (₹.) 18.8 -
Reserves (₹ Cr.) 171 -
P/BV 1.93 -
PE 41.56 -
From the Market
52 Week Low / High (₹) 28.00 / 53.15
All Time Low / High (₹) 2.04 / 101.50
Market Cap (₹ Cr.) 369
Equity (₹ Cr.) 20.3
Face Value (₹) 2
Industry PE 34.7

Management X-Ray of VIP Clothing:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *17.4717.4717.4717.4717.4723.0818.4818.4818.4818.48
* Pledged shares as % of Promoter's holding (%)

Valuation of VIP Clothing - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of VIP Clothing

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales194231222207173143183201183237
Operating Expenses 196216212204188140176188188220
Manufacturing Costs32303131291926232929
Material Costs11514112912211386108123107145
Employee Cost 16171821211718192423
Other Costs 33283430251924242823
Operating Profit -115114-163713-517
Operating Profit Margin (%) -0.8%6.7%4.7%1.8%-9.0%2.1%3.7%6.3%-2.6%7.0%
Other Income 1112323201
Interest 1312119101110998
Depreciation 4333444333
Exceptional Items 8-7-00000600
Profit Before Tax -9-6-3-7-28-10-48-167
Tax 0-00-0-13-9-22-32
Profit After Tax -10-6-3-6-15-1-27-135
PAT Margin (%) -5.1%-2.5%-1.3%-3.0%-8.7%-0.7%-1.2%3.3%-6.9%2.3%
Adjusted EPS (₹)-1.4-0.8-0.4-0.8-1.8-0.1-0.30.8-1.50.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 93156194152137135133140127172
Share Capital 13131717171717171718
Reserves 80143178135120119117123111154
Minority Interest0000000000
Debt94958083798997827174
Long Term Debt00000310741
Short Term Debt94948082798587756773
Trade Payables34232421212231283747
Others Liabilities 22676547362423373636
Total Liabilities 243341364302272270285287271329

Fixed Assets

Gross Block100189185131136137137124125125
Accumulated Depreciation38171922263033272628
Net Fixed Assets 62171166109109107104979997
CWIP 0000000000
Investments 0000000000
Inventories116103113112927792818392
Trade Receivables55536560496060675899
Cash Equivalents 34564851541
Others Assets 8101416181823262641
Total Assets 243341364302272270285287271329

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 1010-177146-41310-37
PBT -17-1-3-7-28-10-48-167
Adjustment 161513119181581510
Changes in Working Capital 43-28233-2-14-212-54
Tax Paid -3-00-0-0-0-0-1-0-0
Cash Flow From Investing Activity 2123-13-1-011-04
Capex -1102-1-0-1-011-0-1
Net Investments 000-13-1-0-0-04
Others 2110000001
Cash Flow From Financing Activity -11-2115-6-16-21-14-2134
Net Proceeds from Shares 80410000002
Net Proceeds from Borrowing -0000000000
Interest Paid -13-12-11-9-10-11-9-9-9-9
Dividend Paid -2000000000
Others -4-9-163-5910-5-1341
Net Cash Flow 011022-310-110

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-10.71-4.6-1.7-3.58-10.37-0.77-1.654.86-9.483.65
ROCE (%)1.642.773.190.93-7.590.512.357.41-3.136.34
Asset Turnover Ratio0.780.790.630.620.60.640.810.870.850.95
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/A1.86N/A-7.4
Working Capital Days
Receivable Days1238597110115114989497101
Inventory Days195173178198216178138127126112
Payable Days6859666767929189110106

VIP Clothing Ltd Stock News

VIP Clothing Ltd FAQs

The current trading price of VIP Clothing on 05-Dec-2025 15:31 is ₹35.46.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2025 the market cap of VIP Clothing stood at ₹368.8.
The latest P/E ratio of VIP Clothing as of 04-Dec-2025 is 41.56.
The latest P/B ratio of VIP Clothing as of 04-Dec-2025 is 1.93.
The 52-week high of VIP Clothing is ₹53.15 and the 52-week low is ₹28.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of VIP Clothing is ₹259.1 ( Cr.) .

About VIP Clothing Ltd

Maxwell Industries Limited, part of the successful VIP Group, was incorporated in 1991. It is a leading manufacturer of high quality 100% cotton yarn manufacturer in India for hosiery/weaving industries. It operates in the highly competitive domestic and international market as suppliers of 100% Combed Auto leveled  and Auto Coned Contamination controlled Siro cleared hosiery/woven cotton yarn for the high tech knitting/weaving industry. Maxwell Industries Ltd. is promoted by eminent men of vision and foresight. At the helm of the affairs are Jaykumar Pathare as Chairman and L. Jaipal Reddy as Managing Director, who have vast experience of over 35 years in this field.

The company is a part of the successful VIP Group, a leading supplier of world-class undergarments, with a total group turnover of $ 75 million. The unit started functioning in 1995 at the picturesque location of Kollappalur, 85 km from Coimbatore in the Southern Indian state of Tamil Nadu.

At Maxwell, the company is continuously striving for technological excellence by bringing the latest and best machineries internationally available. It also has a testing laboratory par excellence.

It has a state-of-the-art spinning mill situated on a total area of over 12 acres, at Kollappalur, 85 km from Coimbatore, in the southern Indian state of Tamil Nadu .The mill has excellent infrastructure to meet the ever-growing needs of customers. The mill is well-equipped to produce the best quality hosiery yarn. The mill has an installed capacity of 26,208 Ring Spindles and is equipped with  Blow Room with POLYSENSOR Contamination cleaner with Chute feed, Auto leveling both at Cards and Draw frames, Combers, Speed frames & Ring frames supplied by LMW, India, the world's third largest Textile Machinery Manufacturer. The mill also has auto coners from 'MURATA', Japan with USTER QUANTUM SIRO (CONTAMINATION) Electronic yarn clearers to ensure hosiery/weaving yarn of the best kind. Our production capacity for 40s Combed Warp/Hosiery yarn is 280 Tonnes per month.

In addition to the machinery and factory of international levels, the  company has an excellent testing laboratory and training center which aid the manufacturing process. The mill exports 60% production of our total capacity in countries like Europe, USA, Korea, Egypt, Hong Kong, etc.

Product range of the company includes:

The products manufactured at Maxwell have that extra edge over competition, to make it big in the international markets with regard to Quality, Productivity, Consistency, Profitability and Reliability.

It offers its customers fully Combed, Polysensor Contamination Cleaned at Blow room, Auto leveled and Auto coned yarn with SIRO Uster Quantum Clearers . The range is from NE 30s to 60s suitable for application on high speed knitting/ weaving machines. It manufactures Combed Hosiery Cotton Yarn in counts 24's, 30's, 34's,36s, 40s,50s & 60s  and 40’s and 60's Weaving counts.

Awards/Achievements

It is ISO 9002 Certified by RWTUV, Munich,

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