About V I P Industries Limited
Data last updated: 17 December 2025
V I P Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in lifestyle products and accessories manufacturing, a part of the broader home and lifestyle products sector. Incorporated on 27 January 1968, the company has been in operation for over 58 years.
Registered with ROC Mumbai under CIN L25200MH1968PLC013914. Listed on BSE: 507880 and NSE: VIPIND.
Capital: an authorised share capital of ₹49.4 Cr and a paid-up capital of ₹28.41 Cr. Formerly known as Aristo Plast P Ltd and Aristo Plast Ltd. It is led by directors including Tushar Kumudrai Jani and Atul Jain.
Last AGM: 10 September 2025. Financial statements filed for year ended 31 March 2025. Office: 5Th Floor Dgp House 88 C Old Prabhadevi Road, Mumbai, Maharashtra, India – 400025.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹1,858.13 Cr, a decline of 14.7% compared to the previous year. The net worth stands at ₹289.5 Cr (down 53.02% YoY). Total assets are valued at ₹1,604.22 Cr (down 13.58% YoY).
The company has a workforce of approximately 1,338 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 3 brands - Caprese Bags, Skybags, Vip Industries. As per MCA filings, the company has open charges of ₹545.59 Cr and satisfied charges of ₹641.74 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vipindustries.co.in.
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EmailLocked
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Website
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Registered Address5Th Floor Dgp House 88 C Old Prabhadevi Road, Mumbai, Maharashtra, India – 400025
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IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of V I P Industries Limited
V I P Industries Limited has undergone 2 name changes throughout its history. The company was previously known as Aristo Plast P Ltd, and Aristo Plast Ltd. The current legal name is V I P Industries Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| V I P Industries Limited | Current |
| Aristo Plast P Ltd | Previous |
| Aristo Plast Ltd | Previous |
Associated Brands with V I P Industries Limited
V I P Industries Limited operates multiple associated brands including Caprese Bags, Skybags, and VIP Industries. These brands represent V I P Industries Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Caprese sells women's fashion bags, slings, and accessories online. | capresebags.com | |
| Travel & business bags brand | skybags.co.in | |
| Luggage and travel utilities are manufactured and exported globally. | vipindustries.co.in |
Competitors & Alternatives of V I P Industries Limited
Brands and companies operating in the same space as V I P Industries Limited include DailyObjects, Lavie World, The House of Ganges and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Multi-category mobile and fashion accessories are sold online. | Gurugram, India, India | 2012 |
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Internet first brand offering handbags and wallets | Mumbai, India, India | 2009 |
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Handbags and wallets for women and men are provided online. | Kolkata, India, India | 2002 |
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Online platform offering women's handbags and trendy footwear for purchase. | Gurugram, India, India | 1999 |
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Internet first brand offering handbags | Bengaluru, India, India | 2018 |
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An online platform selling handbags and fashion accessories for women. | Delhi, India, India | 2024 |
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Online platform selling luxury handbags, purses, jewelry, and accessories for women consumers. | Agra, India, India | 2021 |
Business Activity of V I P Industries Limited
V I P Industries Limited is engaged in the principal business activity of trade, with detailed activities including retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details for V I P Industries Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of V I P Industries Limited
V I P Industries Limited is audited by M/s Price Waterhouse Chartered Accountants LLP (ICAI peer reviewed, certificate valid till 2026-11-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/s Price Waterhouse Chartered Accountants LLP (ICAI peer reviewed, certificate valid till 2026-11-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors and KMP of V I P Industries Limited
V I P Industries Limited currently reports 8 directors and 2 key managerial personnel. 25 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Tushar Kumudrai Jani
Also directs:
T K Aviation Service Llp, Fundalogical Ventures Growth Llp, Csc Drone Aviation India Private Limited and 5 more
|
Director | 07 May 2019 | 7 Years 2 Months | Current |
|
Atul Jain
Also directs:
Ghaniji Consultants Private Limited
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Managing Director | 23 Sep 2025 | 0 Years 9 Months | Current |
| Shalini Dilip Piramal | Additional Director | 23 Sep 2025 | 0 Years 9 Months | Current |
| Rajendra Vishwanath Agarwal | Additional Director | 23 Sep 2025 | 0 Years 9 Months | Current |
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Renuka Ramnath
Also directs:
Multiples Private Equity Fund Ii Llp, Shri Nath G Corporate Management Services Llp, Maam Advisor Iv Llp and 5 more
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Additional Director | 23 Sep 2025 | 0 Years 9 Months | Current |
| Sridhar Sankararaman | Additional Director | 23 Sep 2025 | 0 Years 9 Months | Current |
Financials of V I P Industries Limited FY 2026 filings available
V I P Industries Limited reported revenue of ₹1,858.13 Cr (down 14.7% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,858.13 Cr | ₹2,178.43 Cr | ₹2,244.96 Cr | ₹2,082.32 Cr | ₹1,289.51 Cr | ₹618.56 Cr | ₹1,718.32 Cr |
| Other Income | ₹22.36 Cr | ₹10.92 Cr | ₹11.75 Cr | ₹17.08 Cr | ₹36.36 Cr | ₹48.35 Cr | ₹12.5 Cr |
| Total Income | ₹1,880.49 Cr | ₹2,189.35 Cr | ₹2,256.71 Cr | ₹2,099.4 Cr | ₹1,325.87 Cr | ₹666.91 Cr | ₹1,730.82 Cr |
| Cost of Materials Consumed | ₹799.68 Cr | ₹688.6 Cr | ₹832.17 Cr | ₹756.39 Cr | ₹567 Cr | ₹163.92 Cr | ₹357.24 Cr |
| Purchases of Stock-in-Trade | ₹207.31 Cr | ₹320.8 Cr | ₹476.23 Cr | ₹315.5 Cr | ₹213.56 Cr | ₹48.75 Cr | ₹382.01 Cr |
| Changes in Inventories | ₹177.74 Cr | ₹175.28 Cr | -₹244.75 Cr | -₹53.08 Cr | -₹135.56 Cr | ₹153.49 Cr | ₹66.67 Cr |
| Employee Benefit Expense | ₹217.99 Cr | ₹225.29 Cr | ₹269.78 Cr | ₹235.62 Cr | ₹188.72 Cr | ₹137.6 Cr | ₹210.49 Cr |
| Finance Costs | ₹70.34 Cr | ₹73.2 Cr | ₹55.02 Cr | ₹28.48 Cr | ₹24.64 Cr | ₹29.75 Cr | ₹23 Cr |
| Depreciation & Amortisation | ₹127.29 Cr | ₹119.06 Cr | ₹99.49 Cr | ₹73.66 Cr | ₹69.96 Cr | ₹77.94 Cr | ₹83.87 Cr |
| Other Expenses | ₹696.34 Cr | ₹686.17 Cr | ₹717.97 Cr | ₹514.09 Cr | ₹311.39 Cr | ₹180.07 Cr | ₹410.63 Cr |
| Total Expenses | ₹2,296.69 Cr | ₹2,288.4 Cr | ₹2,205.91 Cr | ₹1,870.66 Cr | ₹1,239.71 Cr | ₹791.52 Cr | ₹1,533.91 Cr |
| Profit Before Exceptional Items & Tax | -₹416.2 Cr | -₹99.05 Cr | ₹50.8 Cr | ₹228.74 Cr | ₹86.16 Cr | -₹124.61 Cr | ₹196.91 Cr |
| Exceptional Items | ₹78.18 Cr | ₹7.83 Cr | ₹25.78 Cr | -₹32.21 Cr | ₹0 | ₹0 | -₹48.5 Cr |
| Profit Before Tax | -₹338.02 Cr | -₹91.22 Cr | ₹76.58 Cr | ₹196.53 Cr | ₹86.16 Cr | -₹124.61 Cr | ₹148.41 Cr |
| Total Tax Expense | -₹1 Lakh | -₹22.43 Cr | ₹22.28 Cr | ₹44.19 Cr | ₹19.23 Cr | -₹27.12 Cr | ₹36.68 Cr |
| Net Profit | -₹338.01 Cr | -₹68.79 Cr | ₹54.3 Cr | ₹152.34 Cr | ₹66.93 Cr | -₹97.49 Cr | ₹111.73 Cr |
| attributable to Owners | -₹338.01 Cr | -₹68.79 Cr | ₹54.3 Cr | ₹152.34 Cr | ₹66.93 Cr | -₹97.49 Cr | ₹113.74 Cr |
| attributable to NCI | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | ₹7.55 Cr | -₹3.47 Cr | ₹2.1 Cr | -₹13.15 Cr | ₹2.64 Cr | ₹2.02 Cr | ₹2.01 Cr |
| Total Comprehensive Income | -₹330.46 Cr | -₹72.26 Cr | ₹56.4 Cr | ₹139.19 Cr | ₹69.57 Cr | -₹95.47 Cr | ₹113.74 Cr |
| EBITDA (computed) | -₹218.57 Cr | ₹93.21 Cr | ₹205.31 Cr | ₹330.88 Cr | ₹180.76 Cr | -₹16.92 Cr | ₹303.78 Cr |
| Basic EPS | ₹-23.79 | ₹-4.84 | ₹3.84 | ₹10.76 | ₹4.73 | ₹-6.90 | ₹7.91 |
| Diluted EPS | ₹-23.79 | ₹-4.83 | ₹3.82 | ₹10.72 | ₹4.71 | ₹-6.90 | ₹7.91 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹1,604.22 Cr | ₹1,856.37 Cr | ₹2,066.54 Cr | ₹1,415.31 Cr |
| Non-current Assets | ₹610.15 Cr | ₹644.76 Cr | ₹634.26 Cr | ₹403.35 Cr |
| Current Assets | ₹991.84 Cr | ₹1,211.61 Cr | ₹1,432.28 Cr | ₹1,011.96 Cr |
| Property, Plant & Equipment | ₹206.74 Cr | ₹193.02 Cr | ₹207.02 Cr | ₹148.26 Cr |
| Inventories | ₹472.45 Cr | ₹698.42 Cr | ₹915.66 Cr | ₹587.11 Cr |
| Trade Receivables | ₹270.54 Cr | ₹368.34 Cr | ₹327.56 Cr | ₹255.37 Cr |
| Cash & Equivalents | ₹31.71 Cr | ₹37.97 Cr | ₹43.42 Cr | ₹33.14 Cr |
| Equity (Net Worth) | ₹289.5 Cr | ₹616.16 Cr | ₹677.91 Cr | ₹641.69 Cr |
| Equity Share Capital | ₹28.41 Cr | ₹28.4 Cr | ₹28.39 Cr | ₹28.33 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹410.75 Cr | ₹415.25 Cr | ₹532.78 Cr | ₹181 Cr |
| Total Debt (computed) | ₹410.75 Cr | ₹415.25 Cr | ₹532.78 Cr | ₹181 Cr |
| Current Liabilities | ₹1,032.52 Cr | ₹948.53 Cr | ₹1,089.54 Cr | ₹626.1 Cr |
| Total Liabilities | ₹1,314.72 Cr | ₹1,240.21 Cr | ₹1,388.63 Cr | ₹773.62 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹180.95 Cr | ₹292.17 Cr | -₹131.7 Cr | ₹174.89 Cr | -₹23.68 Cr |
| Investing Cash Flow | -₹48.32 Cr | -₹46.57 Cr | -₹75.99 Cr | -₹84.47 Cr | ₹146.1 Cr |
| Financing Cash Flow | -₹138.88 Cr | -₹251.06 Cr | ₹217.97 Cr | -₹74.57 Cr | -₹125.51 Cr |
| Capital Expenditure | ₹47.97 Cr | ₹43.13 Cr | ₹100.02 Cr | ₹106.94 Cr | ₹36.46 Cr |
| Free Cash Flow (computed) | ₹132.98 Cr | ₹249.04 Cr | -₹231.72 Cr | ₹67.95 Cr | -₹60.14 Cr |
| Dividends Paid | ₹46 Lakh | ₹73 Lakh | ₹28.81 Cr | ₹63.82 Cr | ₹35.48 Cr |
| Net Change in Cash | -₹6.25 Cr | -₹5.46 Cr | ₹10.28 Cr | ₹15.85 Cr | -₹3.09 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹436.23 Cr | ₹454.13 Cr | ₹406.34 Cr | ₹561.43 Cr | ₹494.21 Cr | ₹501.07 Cr | ₹544.26 Cr | ₹638.89 Cr | ₹516.32 Cr | ₹546.42 Cr | ₹546.09 Cr | ₹636.13 Cr |
| Other Income | ₹3.72 Cr | ₹3.29 Cr | ₹10.73 Cr | ₹4.62 Cr | ₹3.79 Cr | ₹2.47 Cr | ₹2.65 Cr | ₹2.06 Cr | ₹3.88 Cr | ₹2.66 Cr | ₹2.57 Cr | ₹2.64 Cr |
| Total Income | ₹439.95 Cr | ₹457.42 Cr | ₹417.07 Cr | ₹566.05 Cr | ₹498 Cr | ₹503.54 Cr | ₹546.91 Cr | ₹640.95 Cr | ₹520.2 Cr | ₹549.08 Cr | ₹548.66 Cr | ₹638.77 Cr |
| Cost of Materials Consumed | ₹212.61 Cr | ₹176.01 Cr | ₹207.36 Cr | ₹203.7 Cr | ₹200.68 Cr | ₹152.03 Cr | ₹179.31 Cr | ₹157 Cr | ₹190.15 Cr | ₹243.61 Cr | ₹202.32 Cr | ₹196.09 Cr |
| Purchases of Stock-in-Trade | ₹50.26 Cr | ₹38.85 Cr | ₹57.91 Cr | ₹60.29 Cr | ₹70.07 Cr | ₹68.45 Cr | ₹79.44 Cr | ₹102.84 Cr | ₹142.82 Cr | ₹119.67 Cr | ₹76 Cr | ₹137.74 Cr |
| Changes in Inventories | ₹10.91 Cr | ₹105.49 Cr | ₹16.63 Cr | ₹44.71 Cr | -₹8.25 Cr | ₹47.47 Cr | ₹40.17 Cr | ₹95.89 Cr | -₹75.12 Cr | -₹121.89 Cr | -₹35.34 Cr | -₹12.4 Cr |
| Employee Benefit Expense | ₹54.72 Cr | ₹56.07 Cr | ₹52.81 Cr | ₹54.39 Cr | ₹54.38 Cr | ₹54.34 Cr | ₹57.7 Cr | ₹58.87 Cr | ₹68.28 Cr | ₹69.01 Cr | ₹66.18 Cr | ₹66.31 Cr |
| Finance Costs | ₹20.12 Cr | ₹15.96 Cr | ₹17.6 Cr | ₹16.66 Cr | ₹16.88 Cr | ₹17.74 Cr | ₹20.11 Cr | ₹18.47 Cr | ₹16.73 Cr | ₹15.16 Cr | ₹12.36 Cr | ₹10.77 Cr |
| Depreciation & Amortisation | ₹30.73 Cr | ₹31.98 Cr | ₹32.99 Cr | ₹31.59 Cr | ₹30.29 Cr | ₹30.03 Cr | ₹29.55 Cr | ₹29.19 Cr | ₹28.23 Cr | ₹26.56 Cr | ₹23.82 Cr | ₹20.88 Cr |
| Other Expenses | ₹189.93 Cr | ₹154.54 Cr | ₹178.02 Cr | ₹173.69 Cr | ₹170.83 Cr | ₹150.17 Cr | ₹189.82 Cr | ₹174.98 Cr | ₹182.36 Cr | ₹183.77 Cr | ₹184.05 Cr | ₹167.79 Cr |
| Total Expenses | ₹569.28 Cr | ₹578.9 Cr | ₹563.32 Cr | ₹585.03 Cr | ₹534.88 Cr | ₹520.23 Cr | ₹596.1 Cr | ₹637.24 Cr | ₹553.45 Cr | ₹535.89 Cr | ₹529.39 Cr | ₹587.18 Cr |
| Profit Before Exceptional Items & Tax | -₹129.33 Cr | -₹121.48 Cr | -₹146.25 Cr | -₹18.98 Cr | -₹36.88 Cr | -₹16.69 Cr | -₹49.19 Cr | ₹3.71 Cr | -₹33.25 Cr | ₹13.19 Cr | ₹19.27 Cr | ₹51.59 Cr |
| Exceptional Items | ₹53 Lakh | ₹71.24 Cr | ₹4.32 Cr | ₹1.93 Cr | ₹4.25 Cr | ₹0 | ₹3.58 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹25.78 Cr |
| Profit Before Tax | -₹128.8 Cr | -₹50.24 Cr | -₹141.93 Cr | -₹17.05 Cr | -₹32.63 Cr | -₹16.69 Cr | -₹45.61 Cr | ₹3.71 Cr | -₹33.25 Cr | ₹13.19 Cr | ₹19.27 Cr | ₹77.37 Cr |
| Total Tax Expense | ₹10 Lakh | ₹2.63 Cr | ₹1.21 Cr | -₹3.95 Cr | -₹5.27 Cr | -₹4.27 Cr | -₹12.56 Cr | -₹33 Lakh | -₹9.37 Cr | ₹6.04 Cr | ₹5.99 Cr | ₹19.62 Cr |
| Net Profit | -₹128.9 Cr | -₹52.87 Cr | -₹143.14 Cr | -₹13.1 Cr | -₹27.36 Cr | -₹12.42 Cr | -₹33.05 Cr | ₹4.04 Cr | -₹23.88 Cr | ₹7.15 Cr | ₹13.28 Cr | ₹57.75 Cr |
| attributable to Owners | -₹128.9 Cr | -₹52.87 Cr | -₹143.14 Cr | -₹13.1 Cr | -₹27.36 Cr | -₹12.42 Cr | -₹33.05 Cr | ₹4.04 Cr | -₹23.88 Cr | ₹7.15 Cr | ₹13.28 Cr | ₹57.75 Cr |
| attributable to NCI | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | ₹2.8 Cr | ₹1.71 Cr | ₹3.88 Cr | -₹84 Lakh | ₹6 Lakh | ₹2.81 Cr | -₹12 Lakh | -₹6.22 Cr | -₹23 Lakh | ₹2.38 Cr | -₹20 Lakh | ₹15 Lakh |
| Total Comprehensive Income | -₹126.1 Cr | -₹51.16 Cr | -₹139.26 Cr | -₹13.94 Cr | -₹27.3 Cr | -₹9.61 Cr | -₹33.17 Cr | -₹2.18 Cr | -₹24.11 Cr | ₹9.53 Cr | ₹13.08 Cr | ₹57.9 Cr |
| EBITDA (computed) | -₹78.48 Cr | -₹73.54 Cr | -₹95.66 Cr | ₹29.27 Cr | ₹10.29 Cr | ₹31.08 Cr | ₹47 Lakh | ₹51.37 Cr | ₹11.71 Cr | ₹54.91 Cr | ₹55.45 Cr | ₹83.24 Cr |
| Basic EPS | ₹-9.07 | ₹-3.72 | ₹-10.08 | ₹-0.92 | ₹-1.92 | ₹-0.88 | ₹-2.32 | ₹0.28 | ₹-1.68 | ₹0.50 | ₹0.94 | ₹4.08 |
| Diluted EPS | ₹-9.07 | ₹-3.72 | ₹-10.07 | ₹-0.92 | ₹-1.92 | ₹-0.87 | ₹-2.32 | ₹0.28 | ₹-1.68 | ₹0.50 | ₹0.94 | ₹4.06 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,849.09 Cr | ₹2,169.66 Cr | ₹2,215.5 Cr | ₹2,019.53 Cr | ₹1,257.19 Cr | ₹613.22 Cr | ₹1,713.97 Cr |
| Other Income | ₹29.96 Cr | ₹14.84 Cr | ₹15.74 Cr | ₹82.4 Cr | ₹47.39 Cr | ₹59.36 Cr | ₹24.05 Cr |
| Total Income | ₹1,879.05 Cr | ₹2,184.5 Cr | ₹2,231.24 Cr | ₹2,101.93 Cr | ₹1,304.58 Cr | ₹672.58 Cr | ₹1,738.02 Cr |
| Cost of Materials Consumed | ₹539.16 Cr | ₹491.1 Cr | ₹470.72 Cr | ₹377.48 Cr | ₹275.31 Cr | ₹98.29 Cr | ₹219.06 Cr |
| Purchases of Stock-in-Trade | ₹565.03 Cr | ₹622.93 Cr | ₹1,035.04 Cr | ₹894.6 Cr | ₹580.33 Cr | ₹159.89 Cr | ₹604.88 Cr |
| Changes in Inventories | ₹174.33 Cr | ₹191.71 Cr | -₹254.05 Cr | -₹72.42 Cr | -₹131.04 Cr | ₹148.33 Cr | ₹75.42 Cr |
| Employee Benefit Expense | ₹151.11 Cr | ₹157.01 Cr | ₹173.53 Cr | ₹168.02 Cr | ₹135.64 Cr | ₹112.34 Cr | ₹175.59 Cr |
| Finance Costs | ₹67.13 Cr | ₹68.56 Cr | ₹49.27 Cr | ₹23.54 Cr | ₹22.48 Cr | ₹28.34 Cr | ₹21.63 Cr |
| Depreciation & Amortisation | ₹116.57 Cr | ₹106.11 Cr | ₹83.49 Cr | ₹58.05 Cr | ₹58.12 Cr | ₹67.03 Cr | ₹75.07 Cr |
| Other Expenses | ₹671.31 Cr | ₹654.31 Cr | ₹662.84 Cr | ₹474.28 Cr | ₹279.89 Cr | ₹171.25 Cr | ₹396.75 Cr |
| Total Expenses | ₹2,284.64 Cr | ₹2,291.73 Cr | ₹2,220.84 Cr | ₹1,923.55 Cr | ₹1,220.73 Cr | ₹785.47 Cr | ₹1,568.4 Cr |
| Profit Before Exceptional Items & Tax | -₹405.59 Cr | -₹107.23 Cr | ₹10.4 Cr | ₹178.38 Cr | ₹83.85 Cr | -₹112.89 Cr | ₹169.62 Cr |
| Exceptional Items | ₹63.03 Cr | ₹0 | ₹25.78 Cr | ₹15 Cr | ₹0 | ₹0 | -₹48.5 Cr |
| Profit Before Tax | -₹342.56 Cr | -₹107.23 Cr | ₹36.18 Cr | ₹193.38 Cr | ₹83.85 Cr | -₹112.89 Cr | ₹121.12 Cr |
| Total Tax Expense | ₹32 Lakh | -₹25.83 Cr | ₹8.16 Cr | ₹32.45 Cr | ₹20.12 Cr | -₹28.36 Cr | ₹32.39 Cr |
| Net Profit | -₹342.88 Cr | -₹81.4 Cr | ₹28.02 Cr | ₹160.93 Cr | ₹63.73 Cr | -₹84.53 Cr | ₹88.73 Cr |
| Other Comprehensive Income | -₹1.87 Cr | ₹3.85 Cr | ₹1.87 Cr | -₹1.95 Cr | ₹11 Lakh | ₹3.45 Cr | -₹3.33 Cr |
| Total Comprehensive Income | -₹344.75 Cr | -₹77.55 Cr | ₹29.89 Cr | ₹158.98 Cr | ₹63.84 Cr | -₹81.08 Cr | ₹85.4 Cr |
| EBITDA (computed) | -₹221.89 Cr | ₹67.44 Cr | ₹143.16 Cr | ₹259.97 Cr | ₹164.45 Cr | -₹17.52 Cr | ₹266.32 Cr |
| Basic EPS | ₹-24.14 | ₹-5.73 | ₹1.97 | ₹11.37 | ₹4.51 | ₹-5.98 | ₹6.28 |
| Diluted EPS | ₹-24.13 | ₹-5.72 | ₹1.97 | ₹11.33 | ₹4.48 | ₹-5.98 | ₹6.28 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹1,415.35 Cr | ₹1,685.01 Cr | ₹1,856.56 Cr | ₹1,246.16 Cr |
| Non-current Assets | ₹586.51 Cr | ₹626.73 Cr | ₹598.41 Cr | ₹371.33 Cr |
| Current Assets | ₹826.61 Cr | ₹1,058.28 Cr | ₹1,258.15 Cr | ₹874.83 Cr |
| Property, Plant & Equipment | ₹166.42 Cr | ₹147.56 Cr | ₹149.82 Cr | ₹93.54 Cr |
| Inventories | ₹355.13 Cr | ₹575.11 Cr | ₹768.1 Cr | ₹482.29 Cr |
| Trade Receivables | ₹265.68 Cr | ₹368.18 Cr | ₹325.15 Cr | ₹242.66 Cr |
| Cash & Equivalents | ₹23.82 Cr | ₹27.62 Cr | ₹27.09 Cr | ₹21.53 Cr |
| Equity (Net Worth) | ₹208.72 Cr | ₹549.67 Cr | ₹616.75 Cr | ₹607.06 Cr |
| Equity Share Capital | ₹28.41 Cr | ₹28.4 Cr | ₹28.39 Cr | ₹28.33 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹382.61 Cr | ₹328.83 Cr | ₹429.96 Cr | ₹135.22 Cr |
| Total Debt (computed) | ₹382.61 Cr | ₹328.83 Cr | ₹429.96 Cr | ₹135.22 Cr |
| Current Liabilities | ₹931.54 Cr | ₹851.39 Cr | ₹949.88 Cr | ₹504.06 Cr |
| Total Liabilities | ₹1,206.63 Cr | ₹1,135.34 Cr | ₹1,239.81 Cr | ₹639.1 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹97.08 Cr | ₹263.57 Cr | -₹116.12 Cr | ₹63.04 Cr | -₹14.1 Cr |
| Investing Cash Flow | -₹24.76 Cr | -₹36.03 Cr | -₹49.25 Cr | ₹15.18 Cr | ₹172.68 Cr |
| Financing Cash Flow | -₹76.12 Cr | -₹227.01 Cr | ₹170.93 Cr | -₹63.39 Cr | -₹163.19 Cr |
| Capital Expenditure | ₹45.71 Cr | ₹43.4 Cr | ₹77.96 Cr | ₹69.75 Cr | ₹17.35 Cr |
| Free Cash Flow (computed) | ₹51.37 Cr | ₹220.17 Cr | -₹194.08 Cr | -₹6.71 Cr | -₹31.45 Cr |
| Dividends Paid | ₹46 Lakh | ₹73 Lakh | ₹28.81 Cr | ₹63.82 Cr | ₹35.48 Cr |
| Net Change in Cash | -₹3.8 Cr | ₹53 Lakh | ₹5.56 Cr | ₹14.83 Cr | -₹4.61 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹430.61 Cr | ₹453.17 Cr | ₹404.19 Cr | ₹561.12 Cr | ₹488.13 Cr | ₹500.08 Cr | ₹543.94 Cr | ₹637.51 Cr | ₹514.64 Cr | ₹540.53 Cr | ₹538.1 Cr | ₹622.23 Cr |
| Other Income | ₹5.79 Cr | ₹4.79 Cr | ₹14.23 Cr | ₹5.66 Cr | ₹7 Cr | ₹3.21 Cr | ₹2.88 Cr | ₹2.34 Cr | ₹4.16 Cr | ₹5.8 Cr | ₹2.95 Cr | ₹2.83 Cr |
| Total Income | ₹436.4 Cr | ₹457.96 Cr | ₹418.42 Cr | ₹566.78 Cr | ₹495.13 Cr | ₹503.29 Cr | ₹546.82 Cr | ₹639.85 Cr | ₹518.8 Cr | ₹546.33 Cr | ₹541.05 Cr | ₹625.06 Cr |
| Cost of Materials Consumed | ₹147.03 Cr | ₹124.67 Cr | ₹132.71 Cr | ₹134.75 Cr | ₹134.17 Cr | ₹109.53 Cr | ₹124.39 Cr | ₹123.01 Cr | ₹134.8 Cr | ₹122.62 Cr | ₹99.95 Cr | ₹113.35 Cr |
| Purchases of Stock-in-Trade | ₹137.98 Cr | ₹110.29 Cr | ₹152.63 Cr | ₹164.13 Cr | ₹163.56 Cr | ₹138.41 Cr | ₹160.18 Cr | ₹160.78 Cr | ₹227.01 Cr | ₹311.15 Cr | ₹243.08 Cr | ₹253.8 Cr |
| Changes in Inventories | ₹21.6 Cr | ₹90.52 Cr | ₹16.51 Cr | ₹45.7 Cr | -₹5.64 Cr | ₹48.25 Cr | ₹44.82 Cr | ₹104.28 Cr | -₹72.54 Cr | -₹133.21 Cr | -₹43.24 Cr | -₹5.06 Cr |
| Employee Benefit Expense | ₹36.79 Cr | ₹41.91 Cr | ₹35.55 Cr | ₹36.86 Cr | ₹37.04 Cr | ₹39.97 Cr | ₹40.42 Cr | ₹39.58 Cr | ₹41.79 Cr | ₹43.59 Cr | ₹43.24 Cr | ₹44.91 Cr |
| Finance Costs | ₹19.41 Cr | ₹15.63 Cr | ₹16.49 Cr | ₹15.6 Cr | ₹15.96 Cr | ₹16.51 Cr | ₹18.87 Cr | ₹17.22 Cr | ₹15.35 Cr | ₹13.74 Cr | ₹10.93 Cr | ₹9.25 Cr |
| Depreciation & Amortisation | ₹28.02 Cr | ₹29.25 Cr | ₹30.31 Cr | ₹28.99 Cr | ₹27.55 Cr | ₹26.81 Cr | ₹26.2 Cr | ₹25.55 Cr | ₹24.35 Cr | ₹22.53 Cr | ₹19.83 Cr | ₹16.78 Cr |
| Other Expenses | ₹185.28 Cr | ₹148 Cr | ₹171.88 Cr | ₹166.66 Cr | ₹162.67 Cr | ₹145.98 Cr | ₹182.74 Cr | ₹163.51 Cr | ₹163.14 Cr | ₹172.11 Cr | ₹170.58 Cr | ₹157.01 Cr |
| Total Expenses | ₹576.11 Cr | ₹560.27 Cr | ₹556.08 Cr | ₹592.69 Cr | ₹535.31 Cr | ₹525.46 Cr | ₹597.62 Cr | ₹633.93 Cr | ₹533.9 Cr | ₹552.53 Cr | ₹544.37 Cr | ₹590.04 Cr |
| Profit Before Exceptional Items & Tax | -₹139.71 Cr | -₹102.31 Cr | -₹137.66 Cr | -₹25.91 Cr | -₹40.18 Cr | -₹22.17 Cr | -₹50.8 Cr | ₹5.92 Cr | -₹15.1 Cr | -₹6.2 Cr | -₹3.32 Cr | ₹35.02 Cr |
| Exceptional Items | ₹53 Lakh | ₹67.57 Cr | ₹0 | -₹5.07 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹25.78 Cr |
| Profit Before Tax | -₹139.18 Cr | -₹34.74 Cr | -₹137.66 Cr | -₹30.98 Cr | -₹40.18 Cr | -₹22.17 Cr | -₹50.8 Cr | ₹5.92 Cr | -₹15.1 Cr | -₹6.2 Cr | -₹3.32 Cr | ₹60.8 Cr |
| Total Tax Expense | ₹3.15 Cr | ₹3.45 Cr | ₹1.37 Cr | -₹7.65 Cr | -₹9.67 Cr | -₹5.33 Cr | -₹12.3 Cr | ₹1.47 Cr | -₹4.51 Cr | -₹1.34 Cr | -₹89 Lakh | ₹14.9 Cr |
| Net Profit | -₹142.33 Cr | -₹38.19 Cr | -₹139.03 Cr | -₹23.33 Cr | -₹30.51 Cr | -₹16.84 Cr | -₹38.5 Cr | ₹4.45 Cr | -₹10.59 Cr | -₹4.86 Cr | -₹2.43 Cr | ₹45.9 Cr |
| Other Comprehensive Income | -₹2.13 Cr | ₹1.24 Cr | -₹73 Lakh | -₹25 Lakh | ₹1.27 Cr | ₹85 Lakh | ₹1.15 Cr | ₹58 Lakh | ₹69 Lakh | ₹28 Lakh | ₹19 Lakh | ₹71 Lakh |
| Total Comprehensive Income | -₹144.46 Cr | -₹36.95 Cr | -₹139.76 Cr | -₹23.58 Cr | -₹29.24 Cr | -₹15.99 Cr | -₹37.35 Cr | ₹5.03 Cr | -₹9.9 Cr | -₹4.58 Cr | -₹2.24 Cr | ₹46.61 Cr |
| EBITDA (computed) | -₹92.28 Cr | -₹57.43 Cr | -₹90.86 Cr | ₹18.68 Cr | ₹3.33 Cr | ₹21.15 Cr | -₹5.73 Cr | ₹48.69 Cr | ₹24.6 Cr | ₹30.07 Cr | ₹27.44 Cr | ₹61.05 Cr |
| Basic EPS | ₹-10.02 | ₹-2.69 | ₹-9.79 | ₹-1.64 | ₹-2.14 | ₹-1.19 | ₹-2.71 | ₹0.31 | ₹-0.75 | ₹-0.35 | ₹-0.17 | ₹3.24 |
| Diluted EPS | ₹-10.02 | ₹-2.69 | ₹-9.78 | ₹-1.64 | ₹-2.14 | ₹-1.19 | ₹-2.70 | ₹0.31 | ₹-0.75 | ₹-0.34 | ₹-0.17 | ₹3.23 |
Shareholding Pattern of V I P Industries Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 42.35%, foreign institutional investors hold 7.05%, domestic institutional investors hold 16.86%, retail and other public shareholders hold 33.74% of V I P Industries Limited. The company had 122,978 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 42.35% | 42.35% | 49.73% | 51.73% | 51.73% | 51.73% |
| Public | 57.65% | 57.65% | 50.27% | 48.27% | 48.27% | 48.27% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 42.35% | 51.73% | 51.76% | 51.30% | 50.39% | 53.46% | 53.46% | 53.46% | 52.50% | 52.50% | 52.71% |
| Public | 57.65% | 48.27% | 48.24% | 48.70% | 49.61% | 46.54% | 46.54% | 46.54% | 47.50% | 47.50% | 47.29% |
| Promoter change (YoY, %pts) | -9.38 | -0.03 | +0.46 | +0.91 | -3.07 | +0.00 | +0.00 | +0.96 | +0.00 | -0.21 | - |
Board & Governance of V I P Industries Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of V I P Industries Limited has 8 directors - 4 independent and 1 executive. The board is chaired by Renuka Ramnath.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Renuka Ramnath | Non-Executive - Non Independent Director · Chairperson | 2025-09-23 | 3 |
| Sridhar Sankararaman | Non-Executive - Non Independent Director | 2025-09-23 | 1 |
| Shalini D. Piramal | Non-Executive - Non Independent Director | 2025-09-23 | 2 |
| Atul Jain | Executive Director · MD | 2025-09-23 | 1 |
| Rajendra Agarwal | Non-Executive - Independent Director | 2025-09-23 | 2 |
| Tushar Jani | Non-Executive - Independent Director | 2019-05-07 | 1 |
| Payal Kothari | Non-Executive - Independent Director | 2024-08-30 | 1 |
| Suresh Surana | Non-Executive - Independent Director | 2023-08-07 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Tushar Jani (Chairperson), Rajendra Agarwal, Suresh Surana, Sridhar Sankararaman |
| Nomination and remuneration committee | Rajendra Agarwal (Chairperson), Tushar Jani, Renuka Ramnath |
| Stakeholders Relationship Committee | Payal Kothari (Chairperson), Tushar Jani, Sridhar Sankararaman, Atul Jain |
| Risk Management Committee | Sridhar Sankararaman (Chairperson), Rajendra Agarwal, Tushar Jani, Atul Jain |
| Corporate Social Responsibility Committee | Payal Kothari (Chairperson), Atul Jain, Sridhar Sankararaman |
Group Structure of V I P Industries Limited
V I P Industries Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects V I P Industries Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Blow Plast Retail Limited | U74999MH2007PLC169105 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of V I P Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Aug 2025 | Yes Bank Limited | ₹39 Cr | Open |
| 23 Dec 2024 | Others | ₹50 Cr | Open |
| 25 Apr 2023 | Others | ₹20 Cr | Open |
| 01 Feb 2021 | Axis Bank Limited | ₹80 Cr | Open |
| 29 Dec 2020 | The Hongkong and Shanghai Banking Corporation Limited | ₹75 Cr | Open |
Total charge records: 124 View all charges
Employees and EPFO Compliance at V I P Industries Limited
V I P Industries Limited has a workforce of 1,338 employees as of Apr 04, 2024.
Employee and EPFO history for V I P Industries Limited
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GST Compliance of V I P Industries Limited
GST registrations and filing compliance for V I P Industries Limited
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Credit Ratings, Litigation & Regulatory Alerts for V I P Industries Limited
Credit ratings, litigation, and regulatory alerts for V I P Industries Limited
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MSME Payment Delays by V I P Industries Limited
MSME payment history for V I P Industries Limited
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Subsidiaries & Group Companies of V I P Industries Limited
Corporate group structure for V I P Industries Limited
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MCA Filings & Documents of V I P Industries Limited
MCA filings and documents for V I P Industries Limited
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Recent Activity on V I P Industries Limited
Recent News on V I P Industries Limited
Frequently Asked Questions about V I P Industries Limited
V I P Industries Limited is an active public limited company in the home and lifestyle sector based in Mumbai, Maharashtra, India. It was incorporated on 27 January 1968 (58+ years old) and is registered under CIN L25200MH1968PLC013914. Listed on BSE: 507880 and NSE: VIPIND. The company has 1,338 employees.
V I P Industries Limited reported revenue of ₹1,858.13 Cr for FY 2026 (down 14.7% YoY) based on consolidated NSE filings.
The current directors and KMP of V I P Industries Limited are:
- Tushar Kumudrai Jani - Director
- Atul Jain - Managing Director
- Shalini Dilip Piramal - Additional Director
- Rajendra Vishwanath Agarwal - Additional Director
- Renuka Ramnath - Additional Director
- Sridhar Sankararaman - Additional Director
- Payal Swapnil Kothari - Director
- Ashitosh Sheth - Company Secretary
- Manish Khodidas Desai - Cfo
- Suresh Inderchand Surana - Director
The primary industry of V I P Industries Limited is home and lifestyle. The company specifically operates in lifestyle products and accessories manufacturing. The company is currently active in this sector.
Yes. V I P Industries Limited is listed on both BSE (code: 507880) and NSE (symbol: VIPIND).
V I P Industries Limited can be reached at the registered office: 5Th Floor Dgp House 88 C Old Prabhadevi Road, Mumbai, Maharashtra, India – 400025, or through the website vipindustries.co.in.