MoneyWorks4Me

VIP Clothing Ltd (VIPCLOTHNG)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532613 NSE: VIPCLOTHNG Textile | Small Cap | VIP Clothing Share Price

₹20.95 -0.58 (-2.69%)

As on 11-Sep'26 16:59

VIP Clothing Ltd (VIPCLOTHNG)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532613 NSE: VIPCLOTHNG Textile | Small Cap | VIP Clothing Share Price

₹20.95 -0.58 (-2.69%)

As on 11-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹189 Cr.
Current Price
₹21
52-Week Low / High
₹15 / 42
TTM EPS
-
TTM Sales
-
Book Value per Share
-
P/E Ratio
Industry PE
35.9
Price to Book (P/B)
Price to Sales (P/S)
EV/EBITDA
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
%
Return on Capital Employed (ROCE)
%
Return on Assets (ROA)
%
Operating Profit Margin
0%
Net Profit Margin
-%
Gross Profit Margin
0%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
29.25%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
46.55%
Pledged shares (%) of Promoter's holding (%)
18.48%
Reserves
-
Equity
₹18 Cr.
Face Value
₹2
All Time Low / High
₹2.04 / 101.50

VIP Clothing stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Semi Strong
Q.1 Is VIP Clothing Ltd a good quality company?
VIP Clothing Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does VIP Clothing Ltd performance compare with that of its Peers?
Q.1 Revenue growth of VIP Clothing Ltd vs industry peers?
VIP Clothing Ltd revenue CAGR is %, compared to the industry median CAGR of 0.00%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of VIP Clothing Ltd?
Promoters hold 46.55% of the VIP Clothing Ltd, with 18.48% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of VIP Clothing Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -9.3% based on the current price.

10 Year X-Ray :

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

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

Sales 194232222207173143183201183237253
Sales YoY Gr.-19.1%-3.9%-6.7%-16.7%-17.2%27.9%9.7%-8.7%29.3%-
Adj EPS -2-0.1-0.4-0.8-1.8-0.1-0.20.4-1.50.61.1
YoY Gr.-NANANANANANANA-450%NA-
BVPS (₹) 12.520.923.518.416.516.416.216.915.419.121.8
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

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 -9.8% 1.8% -23.3% -38.4%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-15.6-0.5-1.6-3.6-10.4-0.8-12.5-8.43.65.1
Op. Profit
Mgn %
-0.46.84.81.8-92.14.37.1-2.27.28.6
Net Profit
Mgn %
-7.7-0.3-1.3-3-8.7-0.7-0.81.7-6.62.43.7
Debt to
Equity
10.60.40.60.60.70.80.60.60.5-
Working Cap
Days
340272294335366330270258264256141
Cash Conv.
Cycle
28021623526628822418315715714263

Valuation of VIP Clothing - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

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Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *17.4717.4723.0818.4818.4818.4818.4818.4818.4818.48
* Pledged shares as % of Promoter's holding (%)

Financials

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Top 5 Mutual Funds Holding

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Announcements

VIP Clothing Ltd FAQs

The current trading price of VIP Clothing on 11-Sep-2026 16:59 is ₹20.95.

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 10-Sep-2026 the market cap of VIP Clothing stood at ₹188.8 Cr

The latest P/E ratio of VIP Clothing as of 10-Sep-2026 is 19.87.

The latest P/B ratio of VIP Clothing as of 10-Sep-2026 is 0.96.

The 52-week high of VIP Clothing is ₹41.64 and the 52-week low is ₹14.50.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of VIP Clothing is ₹253 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that VIP Clothing Ltd is a below average quality company.

The key valuation ratios of VIP Clothing Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of VIP Clothing Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

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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