VIP Clothing Ltd Stock Analysis

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

BSE Share Price 29-Nov-2022 18:01
39.00 -1.10 (-2.74%)

DeciZen - Make an Informed Decision on VIP Clothing

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

VIP Clothing Price Chart

P/E Ratio (SA) :
0.00
Market Cap :
331.2 Cr.
52-wk low :
18.1
52-wk high :
41.9
Bole Toh?

1. Is VIP Clothing Ltd a good quality company?

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

2. Is VIP Clothing Ltd undervalued or overvalued?

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

3. Is VIP Clothing Ltd a good buy now?

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.

10 Year X-Ray of VIP Clothing:

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 performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 5.2%7.5%8.3%-3.3%2.9%1.8%-0%-3.4%3%2.2%-
Value Creation Index -0.6-0.5-0.4-1.2-0.8-0.9-1.0-1.2-0.8-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 249257261194232222207173143182199
YoY Gr. Rt. %-3.2%1.4%-25.5%19.1%-3.9%-6.7%-16.7%-17.2%27.1%-
Adj EPS 00.81-2-0.3-0.4-0.8-1.8-0.1-0.2-0.1
YoY Gr. Rt. %-2466.7%27.3%-305.1%NANANANANANA-
BVPS (₹) 12.312.712.912.520.923.518.416.516.416.216.1
Adj Net Profit 0.25.57-15-2.2-3-6.3-15.1-1-1.4-1
Cash Flow from Ops. 4.834.812.31010.2-16.66.914.35.8-5.3-
Debt/CF from Ops. 20.62.47.79.49.4-4.811.95.515.3-19-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -3.5%-4.7%-4.3%27.1%
Adj EPS -221.3%NANANA
BVPS 3.1-5-4.2-1.2
Share Price 5.7% -5.6% 66.2% 103.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 0.25.46.9-15.6-1.8-1.7-3.6-10.4-0.8-1-0.6
Op. Profit Mgn % 6.7910.7-0.46.14.81.8-92.13.52.2
Net Profit Mgn % 0.12.12.7-7.7-1-1.3-3-8.7-0.7-0.8-0.4
Debt to Equity 10.8110.60.40.60.60.70.80.1
Working Cap Days 227250249340272294335366322271295
Cash Conv. Cycle 18418819028021623526728821718587

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.75

Sales growth is good in last 4 quarters at 34.64%

Return on Equity is Poor

Sales growth has been subdued in last 3 years -4.31%

Latest Financials - VIP Clothing Ltd.

Standalone Consolidated
TTM EPS (₹) -0.1 -
TTM Sales (₹ Cr.) 199 -
BVPS (₹.) 16.1 -
Reserves (₹ Cr.) 116 -
P/BV 2.49 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 18.05 / 41.90
All Time Low / High (₹) 2.04 / 101.50
Market Cap (₹ Cr.) 331
Equity (₹ Cr.) 16.5
Face Value (₹) 2
Industry PE 23.7

Management X-Ray of VIP Clothing :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.0017.47
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of VIP Clothing

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

VIP Clothing Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of VIP Clothing on 29-Nov-2022 18:01 is : 39.00.
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 29-Nov-2022 18:01 the market cap of VIP Clothing stood at ₹ 331.2.
The latest PE ratio of VIP Clothing as of 29-Nov-2022 18:01 is 0.00.
The latest PB ratio of VIP Clothing as of 29-Nov-2022 18:01 is 2.49
The 52-week high of VIP Clothing is ₹ 41.90 and the 52-week low is ₹ 18.05.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of VIP Clothing is ₹ 199.1 ( 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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