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Last Updated on: 20 April, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 532613 | NSE: VIPCLOTHNG

Fundamental Analysis of VIP Clothing Ltd

Basic Stock Data

Last Updated: April 19, 2024, 1:16 pm

Market Cap 296 Cr.
Current Price 35.8
High / Low59.8/33.0
Stock P/E
Book Value 18.0
Dividend Yield0.00 %
ROCE4.92 %
ROE1.35 %
Face Value 2.00

Data Source: screener.in

Competitors of VIP Clothing Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Pearl Global Industries Ltd 2,472 Cr. 565735/20615.8 1681.55 %19.2 %21.1 % 5.00
Lovable Lingerie Ltd 181 Cr. 123172/96.241.4 1220.00 %1.61 %1.77 % 10.0
Integra Essentia Ltd 292 Cr. 3.207.83/2.5519.1 1.280.00 %17.1 %15.9 % 1.00
SPL Industries Ltd 171 Cr. 59.480.8/52.214.8 66.60.00 %18.7 %13.6 % 10.0
Zodiac Clothing Company Ltd 298 Cr. 115151/92.0 1010.00 %4.27 %8.34 % 10.0
Industry Average682.80 Cr173.1218.2291.780.31%12.18%12.14%7.20

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales41.5241.7223.4059.8649.9248.7050.4752.8644.1651.6353.6652.3544.89
Expenses39.9540.7326.0254.1151.2645.1350.8950.2640.0446.9950.1351.6746.02
Operating Profit1.570.99-2.625.75-1.343.57-0.422.604.124.643.530.68-1.13
OPM %3.78%2.37%-11.20%9.61%-2.68%7.33%-0.83%4.92%9.33%8.99%6.58%1.30%-2.52%
Other Income0.270.850.640.921.320.751.790.936.570.110.090.130.10
Interest2.812.702.242.202.492.332.432.372.311.862.072.302.20
Depreciation1.000.940.930.980.970.970.900.810.690.660.680.680.66
Profit before tax-1.97-1.80-5.153.49-3.481.02-1.960.357.692.230.87-2.17-3.89
Tax %332.49%90.00%21.36%38.11%30.75%-104.90%-3.06%-354.29%33.81%11.21%31.03%-14.29%13.11%
Net Profit4.58-0.19-4.062.16-2.412.09-2.021.595.091.980.61-2.48-3.38
EPS in Rs0.55-0.02-0.490.26-0.290.25-0.240.190.620.240.07-0.30-0.41

Last Updated: April 10, 2024, 5:05 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: April 6, 2024, 12:21 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales220249257261194231222207172143183201203
Expenses201233234233194217212203188140176188195
Operating Profit18162328-014104-1637138
OPM %8%7%9%11%-0%6%5%2%-9%2%4%6%4%
Other Income65107-61232280
Interest15141313131211910111098
Depreciation4345433344433
Profit before tax64811-9-8-3-7-28-10-48-3
Tax %25%35%34%36%-5%5%-18%5%46%89%46%20%
Net Profit5357-10-7-3-6-15-1-27-3
EPS in Rs0.590.360.680.89-1.20-0.89-0.37-0.75-1.81-0.13-0.270.80-0.40
Dividend Payout %41%53%24%27%-0%-0%-0%-0%-0%-0%-0%-0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-40.00%66.67%40.00%-242.86%30.00%57.14%-100.00%-150.00%93.33%-100.00%450.00%
Change in YoY Net Profit Growth (%)0.00%106.67%-26.67%-282.86%272.86%27.14%-157.14%-50.00%243.33%-193.33%550.00%

Growth

Compounded Sales Growth
10 Years:-2%
5 Years:-2%
3 Years:5%
TTM:3%
Compounded Profit Growth
10 Years:-4%
5 Years:21%
3 Years:29%
TTM:-222%
Stock Price CAGR
10 Years:10%
5 Years:13%
3 Years:41%
1 Year:-16%
Return on Equity
10 Years:-2%
5 Years:-3%
3 Years:0%
Last Year:1%

Last Updated: April 16, 2024, 12:59 am

Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital13131313131317171717171717
Reserves7575787980143178135120119117123133
Preference Capital121212400000000
Borrowings839983959496808379931038986
Other Liabilities51667368568889685742485653
Total Liabilities221253247255243341364302272270285285288
Fixed Assets70697267621711661091091071049796
CWIP0002000000000
Investments0000000000000
Other Assets151184175186182170198194163163181188192
Total Assets221253247255243341364302272270285285288

Reserves and Borrowings Chart

Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 22535121010-177146-413
Cash from Investing Activity 8-3-5-42123-13-1-011
Cash from Financing Activity -29-1-31-8-11-2115-6-16-21-14
Net Cash Flow11-1-0011022-310

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow6.004.0011.0024.000.0014.0010.004.00-16.003.007.0013.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days78838010610384107106103154120121
Inventory Days269266228216367268323336302330311240
Days Payable53797574108596963689610684
Cash Conversion Cycle294271232248362292361380338387326277
Working Capital Days191185160173249212266283272325264238
ROCE %8%10%11%12%-2%5%3%1%-8%0%2%5%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters53.05%53.08%53.15%53.26%49.52%49.53%49.58%49.58%49.58%49.58%49.58%49.58%
FIIs0.27%0.27%0.27%0.47%0.36%0.27%0.42%1.02%0.44%0.47%0.27%0.03%
DIIs0.00%0.00%0.00%0.00%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public46.68%46.65%46.58%46.27%50.11%50.20%49.99%49.39%49.98%49.95%50.15%50.38%
No. of Shareholders21,61922,69333,40733,56933,28332,69132,04029,87629,15129,12132,05432,076

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 12
FaceValue2.00
Basic EPS (Rs.)0.08
Diluted EPS (Rs.)0.08
PBDIT Margin (%)8.60
PBIT Margin (%)6.84
PBT Margin (%)2.76
Net Profit Margin (%)2.08
NP After MI And SOA Margin (%)2.08
Interest Coverage Ratio (X)1.02
Interest Coverage Ratio (Post Tax) (X)0.91

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 3.72

The stock is overvalued by 89.61% compared to the current price ₹35.8

Calculation basis:

  • Fair value = (P/E Ratio * (Return on Equity / 100) * Book Value) * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

*Investments are subject to market risks

Strength and Weakness

Unable to fetch valid data for stock valuation.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in VIP Clothing Ltd:
    1. Net Profit Margin: 2.08%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: N/A% (Industry Average ROCE: 12.18%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: N/A% (Industry Average ROE: 12.14%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 0.91
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: N/A
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. ✓ Stock P/E of N/A (Industry average Stock P/E: 18.22)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: N/A
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating: ★★★★︎☆

About the Company

VIP Clothing Ltd. is a Public Limited Listed company incorporated on 14/01/1991 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L18101MH1991PLC059804 and registration number is 059804. Currently Company is involved in the business activities of Manufacture of other knitted and crocheted apparel including hosiery. Company’s Total Operating Revenue is Rs. 181.75 Cr. and Equity Capital is Rs. 16.52 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - Readymade ApparelsC-6, Road No. 22, MIDC, Andheri (East), Mumbai Maharashtra 400093investor.relations@viporg.com
http://www.vipclothing.in
Management
NamePosition Held
Mr. Sunil J PathareChairman & Managing Director
Mr. Kapil J PathareWhole Time Director
Mr. Gopal SehjpalIndependent Director
Mr. Chetan ShethIndependent Director
Mr. Robin BanerjeeIndependent Director
Mr. Meher CastelinoIndependent Director

VIP Clothing Ltd. Share Price Update

Share PriceValue
Today₹36.18
Previous Day₹37.36

FAQ

What is the latest fair value of VIP Clothing Ltd?

The latest fair value of VIP Clothing Ltd is 3.72.

What is the Market Cap of VIP Clothing Ltd?

The Market Cap of VIP Clothing Ltd is 296 Cr..

What is the current Stock Price of VIP Clothing Ltd as on 20 April 2024?

The current stock price of VIP Clothing Ltd as on 20 April 2024 is 35.8.

What is the High / Low of VIP Clothing Ltd stocks in FY 2024?

In FY 2024, the High / Low of VIP Clothing Ltd stocks is ₹59.8/33.0.

What is the Stock P/E of VIP Clothing Ltd?

The Stock P/E of VIP Clothing Ltd is .

What is the Book Value of VIP Clothing Ltd?

The Book Value of VIP Clothing Ltd is 18.0.

What is the Dividend Yield of VIP Clothing Ltd?

The Dividend Yield of VIP Clothing Ltd is 0.00 %.

What is the ROCE of VIP Clothing Ltd?

The ROCE of VIP Clothing Ltd is 4.92 %.

What is the ROE of VIP Clothing Ltd?

The ROE of VIP Clothing Ltd is 1.35 %.

What is the Face Value of VIP Clothing Ltd?

The Face Value of VIP Clothing Ltd is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in VIP Clothing Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE