VIP Clothing (VIPCLOTHNG)₹17.77−2.15%Garments & Apparels
In the Mar 2026 quarter (standalone), VIP Clothing reported sales of ₹71.57 Cr, up 10.2% from Mar 2025, and net profit of ₹4.41 Cr, up 81.5% year on year. For the year to Mar 2026, sales were ₹254 Cr and net profit ₹9.99 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 53.67 | 52.36 | 44.92 | 32.41 | 50.17 | 59.21 | 62.64 | 64.96 | 65.48 | 66.08 | 50.79 | 71.57 |
| Expenses | 49.95 | 51.48 | 45.83 | 40.07 | 47.16 | 55.65 | 57.76 | 58.97 | 59.05 | 59.76 | 46.98 | 64.47 |
| Operating Profit | 3.52 | 0.67 | −1.12 | −7.82 | 2.80 | 3.40 | 4.68 | 5.74 | 6.23 | 6.12 | 3.66 | 6.81 |
| OPM % | 6.6% | 1.3% | −2.5% | −24.2% | 5.6% | 5.8% | 7.5% | 8.9% | 9.5% | 9.3% | 7.2% | 9.6% |
| Other Income | 0.10 | 0.14 | 0.11 | 0.11 | 0.15 | 0.33 | 0.25 | 0.67 | 0.16 | 0.19 | 0.53 | 0.20 |
| Interest | 2.08 | 2.31 | 2.21 | 2.52 | 1.94 | 1.99 | 1.80 | 2.37 | 2.46 | 2.24 | 2.20 | 1.92 |
| Depreciation | 0.67 | 0.67 | 0.65 | 0.69 | 0.69 | 0.68 | 0.69 | 0.84 | 0.67 | 0.67 | 0.62 | 0.63 |
| Profit before tax | 0.88 | −2.18 | −3.90 | −10.98 | 0.33 | 1.07 | 2.45 | 3.21 | 3.27 | 3.42 | 1.38 | 4.48 |
| Tax % | 31.1% | 14.4% | −13.1% | −32.3% | 25.0% | 24.6% | 18.5% | 24.5% | 32.0% | 34.7% | 32.2% | 0.9% |
| Net Profit | 0.62 | −2.47 | −3.39 | −7.41 | 0.24 | 0.82 | 2.01 | 2.43 | 2.21 | 2.25 | 0.92 | 4.41 |
| EPS (Rs) | 0.08 | −0.31 | −0.42 | −0.91 | 0.04 | 0.10 | 0.23 | 0.28 | 0.26 | 0.26 | 0.11 | 0.50 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 194 | 231 | 222 | 207 | 172 | 143 | 183 | 201 | 183 | 237 | 254 | 254 |
| Expenses | 193 | 216 | 211 | 202 | 187 | 139 | 175 | 187 | 187 | 219 | 230 | 230 |
| Operating Profit | 0.00 | 13.96 | 9.98 | 3.99 | −15.95 | 2.99 | 6.98 | 12.97 | −4.99 | 16.96 | 22.96 | 22.82 |
| OPM % | 0.0% | 6.0% | 4.7% | 1.8% | −9.0% | 2.1% | 3.7% | 6.0% | −2.6% | 7.0% | 9.0% | 9.0% |
| Other Income | 7.01 | −6.01 | 1.01 | 2.01 | 3.01 | 2.01 | 2.01 | 8.01 | 0.00 | 1.01 | 1.01 | 1.08 |
| Interest | 13.03 | 12.03 | 11.02 | 9.02 | 10.02 | 11.01 | 10.02 | 9.02 | 9.01 | 8.01 | 9.02 | 8.82 |
| Depreciation | 3.99 | 2.99 | 2.99 | 2.99 | 3.99 | 3.99 | 3.99 | 2.99 | 2.99 | 2.99 | 2.99 | 2.59 |
| Profit before tax | −9.03 | −8.03 | −3.01 | −7.02 | −28.10 | −10.04 | −4.01 | 8.03 | −16.06 | 7.03 | 13.05 | 12.55 |
| Tax % | 5.0% | −5.0% | 18.1% | −5.0% | −46.0% | −88.9% | −46.0% | 20.1% | −22.0% | 22.1% | 22.0% | — |
| Exceptional items | 6.01 | −7.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.01 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | −10.01 | −7.01 | −3.01 | −6.01 | −15.02 | −1.01 | −2.01 | 7.01 | −13.01 | 5.01 | 9.99 | 9.79 |
| EPS (Rs) | −1.21 | −0.90 | −0.38 | −0.76 | −1.82 | −0.14 | −0.28 | 0.81 | −1.54 | 0.62 | 1.10 | 1.13 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13.01 | 13.04 | 13.02 | 17.01 | 17.01 | 17.02 | 17.03 | 17.00 | 16.98 | 16.99 | 18.00 | 17.99 |
| Reserves | 82.93 | 80.00 | 143 | 178 | 135 | 120 | 119 | 117 | 135 | 122 | 167 | 176 |
| Borrowings | 97.57 | 93.64 | 95.65 | 79.69 | 82.68 | 78.68 | 92.63 | 103 | 88.62 | 80.65 | 81.63 | 69.72 |
| Other Liabilities | 60.70 | 55.72 | 87.57 | 88.57 | 67.67 | 56.72 | 41.79 | 47.77 | 45.78 | 51.75 | 62.70 | 63.69 |
| Total Liabilities | 254 | 242 | 340 | 363 | 301 | 271 | 269 | 284 | 285 | 270 | 328 | 327 |
| Fixed Assets | 66.86 | 61.88 | 171 | 166 | 109 | 109 | 107 | 104 | 96.81 | 98.81 | 96.77 | 94.83 |
| CWIP | 1.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 185 | 182 | 169 | 197 | 193 | 163 | 163 | 181 | 187 | 170 | 231 | 232 |
| Inventories | 91.81 | 116 | 103 | 113 | 112 | 91.81 | 76.85 | 91.77 | 80.79 | 82.87 | 91.83 | 94.87 |
| Trade receivables | 76.01 | 55.06 | 53.04 | 65.06 | 60.07 | 49.02 | 60.04 | 59.99 | 67.09 | 58.07 | 99.04 | 96.09 |
| Cash & equivalents | 3.01 | 3.01 | 4.01 | 5.02 | 6.02 | 4.01 | 8.03 | 5.02 | 15.05 | 4.01 | 1.01 | 1.01 |
| Total Assets | 254 | 242 | 340 | 363 | 301 | 271 | 269 | 284 | 285 | 270 | 328 | 327 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 11.98 | 9.99 | 9.98 | −16.96 | 6.98 | 13.97 | 5.99 | −3.99 | 12.98 | 9.98 | −36.92 | 19.95 |
| Cash from investing activity | −3.99 | 1.99 | 12.01 | 3.01 | −1.01 | 3.01 | −1.01 | 0.00 | 11.01 | 0.00 | 4.01 | 2.01 |
| Cash from financing activity | −8.02 | −11.03 | −21.04 | 15.04 | −6.02 | −16.05 | −2.01 | 1.01 | −14.03 | −21.04 | 34.11 | −22.05 |
| Net cash flow | 0.00 | 0.00 | 1.01 | 1.01 | 0.00 | 2.01 | 2.01 | −3.01 | 10.03 | −11.03 | 0.00 | 0.00 |
| Capex | 2.82 | 2.74 | 0.51 | 0.85 | 0.55 | 0.28 | 0.53 | 0.08 | 0.24 | 0.18 | 0.63 | 0.02 |
| Free cash flow | 7.99 | 10.99 | 21.01 | −14.99 | 5.99 | 14.01 | 5.01 | −4.01 | 24.01 | 10.01 | −38.02 | 19.99 |
| CFO / OP % | 53.9% | −15,988.0% | 75.0% | −163.1% | 189.0% | −92.1% | 198.0% | −51.1% | 111.0% | −224.0% | −223.1% | 89.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 107 | 104 | 85 | 108 | 107 | 104 | 155 | 121 | 123 | 117 | 153 | 139 |
| Inventory days | 217 | 368 | 269 | 324 | 337 | 303 | 331 | 312 | 241 | 282 | 234 | 196 |
| Days payable | 75 | 109 | 60 | 70 | 64 | 69 | 97 | 107 | 85 | 126 | 120 | 89 |
| Cash conversion cycle | 249 | 363 | 293 | 362 | 381 | 339 | 388 | 327 | 280 | 273 | 268 | 246 |
| Working capital days | 42 | 72 | 63 | 135 | 138 | 105 | 102 | 81 | 83 | 73 | 131 | 141 |
| ROCE % | 12.0% | −2.0% | 5.0% | 3.0% | 1.0% | −8.0% | 0.0% | 2.0% | 5.0% | −3.0% | 6.0% | 8.0% |
For the Mar 2026 quarter, VIP Clothing reported sales of ₹71.57 Cr, up 10.2% year on year and net profit of ₹4.41 Cr, up 81.5% year on year. The operating margin was 9.6%.
VIP Clothing's sales for the year to Mar 2026 were ₹254 Cr; over the last twelve months they were ₹254 Cr.
Net profit for the year to Mar 2026 was ₹9.99 Cr, and ₹9.79 Cr over the last twelve months. Earnings per share over the same trailing period were ₹1.13.
VIP Clothing reported borrowings of ₹69.72 Cr at Mar 2026, against cash and equivalents of ₹1.01 Cr.
Cash from operations was ₹19.95 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹19.99 Cr.