VIP Industries Limited Share Price and Company Fundamentals
Last traded: Last Friday at 9:59 AM
VIP Industries Limited manufactures and sells luggage, bags, and accessories in India. It offers hard and soft luggage, including handbags, printed polycarbonate luggage products, soft uprights, vanity cases, hard suitcases, briefcases, trolleys, rucksacks, backpacks, duffel-bags, laptop bags, and school bags. The company provides its products primarily under the VIP, Caprese, Carlton, Skybags, Alfa, and Aristocrat brands. It also exports its products to approximately 60 countries. VIP Industries Limited was incorporated in 1968 and is based in Mumbai, India.
Key Metrics
PE ratio
135.27
PB ratio
16.11
Dividend yield
0.00%
Beta
0.76
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Footwear & Accessories / Consumer Cyclical |
|---|---|
| Website | https://www.vipindustries.co.in |
| Mailing address | DGP House, 88C 5th Floor Old Prabhadevi Road Mumbai 400025 India |
| Phone / Fax | 91 22 6653 9000 / 91 22 6653 9089 |
Dividends
Dividend yield
0.00%
Dividend amount
₹0.00
Payout ratio
53.08%
VIP Industries Limited paid ₹0.00 dividend and the ex-dividend date was 08 Mar 2022.The dividend payout ratio is 53.08%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.VIPIND dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
VIPIND's forward dividend amount is ₹5 and the forward dividend yield is 0.81%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jul 2022, following are the company executives and directors listed on VIP Industries Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Anindya Dutta | MD & Director | 47 | 3.9M |
| Ms. Radhika Dilip Piramal | Exec. Vice Chairperson | 43 | 17.6M |
| Ms. Neetu Kashiramka | Chief Financial Officer | 47 | 15.1M |
| Mr. Anand Daga | Head of Legal, Compliance Officer & Company Sec. | 4.7M | |
| Mr. Anirudh Pandharkar | Chief Marketing Officer |
Profitability and management effectiveness
Profit margin
5.19%
Operating margin
5.77%
Return on assets
4.00%
Return on equity
12.43%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of VIP Industries Limited is and its enterprise value is .
The VIPIND's stocks Beta value is 0.76 making it 24% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
VIP Industries Limited (NSE:VIPIND) Frequently Asked Questions
1. What is VIP Industries Limited's Stock Symbol?
VIP Industries Limited trades on NSE under the ticker symbol "VIPIND".
2. What is VIP Industries Limited's stock price today?
One share of VIPIND stock can currently be purchased for approximately ₹618.9.
3. How can I contact VIP Industries Limited?
VIP Industries Limited's mailing address is DGP House, 88C 5th Floor Old Prabhadevi Road Mumbai 400025 India. The company can be reached via phone at 91 22 6653 9000.
4. What is VIP Industries Limited's official website?
The official website of VIP Industries Limited is https://www.vipindustries.co.in.