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VIP Clothing

NSEI:VIPCLOTHNG
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VIPCLOTHNG
NSEI
₹2B
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

VIP Clothing Limited manufactures, markets, and distributes garments in India and internationally. The last earnings update was 76 days ago. More info.


Add to Portfolio Compare Print
  • VIP Clothing has significant price volatility in the past 3 months.
VIPCLOTHNG Share Price and Events
7 Day Returns
-5.7%
NSEI:VIPCLOTHNG
-0.6%
IN Luxury
-1.9%
IN Market
1 Year Returns
-73.3%
NSEI:VIPCLOTHNG
-4%
IN Luxury
-2.8%
IN Market
VIPCLOTHNG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
VIP Clothing (VIPCLOTHNG) -5.7% -8.5% -23.9% -73.3% -65.2% -4.3%
IN Luxury -0.6% 1.4% 8.8% -4% 47.5% 162.4%
IN Market -1.9% 1.2% 5.1% -2.8% 38.3% 71%
1 Year Return vs Industry and Market
  • VIPCLOTHNG underperformed the Luxury industry which returned -4% over the past year.
  • VIPCLOTHNG underperformed the Market in India which returned -2.8% over the past year.
Price Volatility
VIPCLOTHNG
Industry
5yr Volatility vs Market
Related Companies

VIPCLOTHNG Value

 Is VIP Clothing undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for VIP Clothing. This is due to cash flow or dividend data being unavailable. The share price is ₹18.95.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for VIP Clothing's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are VIP Clothing's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:VIPCLOTHNG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹-0.76
BSE:532613 Share Price ** BSE (2019-04-24) in INR ₹18.8
India Luxury Industry PE Ratio Median Figure of 240 Publicly-Listed Luxury Companies 12.23x
India Market PE Ratio Median Figure of 2,739 Publicly-Listed Companies 16.02x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of VIP Clothing.

NSEI:VIPCLOTHNG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:532613 Share Price ÷ EPS (both in INR)

= 18.8 ÷ -0.76

-24.86x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • VIP Clothing is loss making, we can't compare its value to the IN Luxury industry average.
  • VIP Clothing is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does VIP Clothing's expected growth come at a high price?
Raw Data
NSEI:VIPCLOTHNG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -24.86x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Luxury Industry PEG Ratio Median Figure of 25 Publicly-Listed Luxury Companies 1.48x
India Market PEG Ratio Median Figure of 586 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for VIP Clothing, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on VIP Clothing's assets?
Raw Data
NSEI:VIPCLOTHNG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹23.20
BSE:532613 Share Price * BSE (2019-04-24) in INR ₹18.8
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.75x
India Market PB Ratio Median Figure of 3,630 Publicly-Listed Companies 1.09x
NSEI:VIPCLOTHNG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532613 Share Price ÷ Book Value per Share (both in INR)

= 18.8 ÷ 23.20

0.81x

* Primary Listing of VIP Clothing.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • VIP Clothing is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess VIP Clothing's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. VIP Clothing has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

VIPCLOTHNG Future Performance

 How is VIP Clothing expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as VIP Clothing has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
19.3%
Expected Luxury industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is VIP Clothing expected to grow at an attractive rate?
  • Unable to compare VIP Clothing's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare VIP Clothing's earnings growth to the India market average as no estimate data is available.
  • Unable to compare VIP Clothing's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:VIPCLOTHNG Future Growth Rates Data Sources
Data Point Source Value (per year)
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 19.3%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.3%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:VIPCLOTHNG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:VIPCLOTHNG Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 2,242 -70
2018-09-30 2,210 -67
2018-06-30 2,386 7
2018-03-31 2,232 -166 -30
2017-12-31 2,265 19
2017-09-30 2,237 18
2017-06-30 2,170 -81
2017-03-31 2,322 102 -57
2016-12-31 2,118 -110
2016-09-30 2,162 -168
2016-06-30 2,074 -176
2016-03-31 1,945 100 -85

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if VIP Clothing is high growth as no earnings estimate data is available.
  • Unable to determine if VIP Clothing is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:VIPCLOTHNG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from VIP Clothing Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:VIPCLOTHNG Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 -0.76
2018-09-30 -0.80
2018-06-30 0.08
2018-03-31 -0.38
2017-12-31 0.34
2017-09-30 0.26
2017-06-30 -1.24
2017-03-31 -0.87
2016-12-31
2016-09-30
2016-06-30 -2.61
2016-03-31 -1.28

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if VIP Clothing will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of VIPCLOTHNG’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. VIP Clothing's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Durables companies here
  3. VIP Clothing's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess VIP Clothing's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
VIP Clothing has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

VIPCLOTHNG Past Performance

  How has VIP Clothing performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare VIP Clothing's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • VIP Clothing does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare VIP Clothing's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare VIP Clothing's 1-year growth to the IN Luxury industry average as it is not currently profitable.
Earnings and Revenue History
VIP Clothing's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from VIP Clothing Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:VIPCLOTHNG Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 2,241.82 -69.76 363.60
2018-09-30 2,210.42 -66.69 370.13
2018-06-30 2,385.52 6.66 365.47
2018-03-31 2,231.78 -29.85 324.96
2017-12-31 2,264.93 19.17 285.28
2017-09-30 2,237.47 18.32 278.45
2017-06-30 2,169.60 -81.16 268.23
2017-03-31 2,321.80 -57.44 286.71
2016-12-31 2,117.60 -109.88 259.34
2016-09-30 2,161.97 -168.10 274.42
2016-06-30 2,074.27 -176.29 252.35
2016-03-31 1,944.60 -84.85 308.49
2015-12-31 2,204.24 -33.01 468.77
2015-09-30 2,348.96 59.79 438.49
2015-06-30 2,525.87 135.99 206.26
2015-03-31 2,610.96 67.91 212.09
2014-12-31 2,576.01 52.29 366.58
2014-09-30 2,551.86 40.23 362.47
2014-06-30 2,547.51 53.85 171.35
2014-03-31 2,574.16 46.38 386.44
2013-12-31 2,521.15 40.38 414.60
2013-09-30 2,530.58 35.53 437.70
2013-06-30 2,591.60 31.97 461.58
2013-03-31 2,501.57 28.45 459.38
2012-12-31 2,436.44 40.31 368.99
2012-09-30 2,390.17 80.75 363.97
2012-06-30 2,243.91 72.80 336.26

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if VIP Clothing has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if VIP Clothing has efficiently used its assets last year compared to the IN Luxury industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if VIP Clothing improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess VIP Clothing's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
VIP Clothing has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

VIPCLOTHNG Health

 How is VIP Clothing's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up VIP Clothing's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • VIP Clothing is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • VIP Clothing's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of VIP Clothing's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from VIP Clothing Company Filings, last reported 3 months ago.

NSEI:VIPCLOTHNG Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,923.65 827.11 55.14
2018-09-30 1,923.65 827.11 55.14
2018-06-30 1,946.37 801.99 48.05
2018-03-31 1,946.37 801.99 48.05
2017-12-31 1,577.70 1,026.79 69.37
2017-09-30 1,577.70 1,026.79 69.37
2017-06-30 875.35 853.33 38.22
2017-03-31 1,562.30 963.59 36.87
2016-12-31 876.71 852.09 42.62
2016-09-30 876.71 852.09 42.62
2016-06-30 933.31 939.73 29.12
2016-03-31 933.31 941.08 29.12
2015-12-31 1,018.61 975.69 50.50
2015-09-30 1,018.61 975.69 50.50
2015-06-30 991.38 942.61 25.53
2015-03-31 994.21 945.05 25.41
2014-12-31 954.54 843.03 42.95
2014-09-30 954.54 843.03 42.95
2014-06-30 1,027.68 830.35 27.31
2014-03-31 1,027.67 834.27 27.19
2013-12-31 1,034.72 868.42 53.44
2013-09-30 1,034.72 868.42 53.44
2013-06-30 996.10 993.53 37.34
2013-03-31 996.10 993.53 37.34
2012-12-31 1,017.55 859.28 36.78
2012-09-30 1,017.55 859.28 36.78
2012-06-30 992.86 829.64 24.24
  • VIP Clothing's level of debt (43%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (83.9% vs 43% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • VIP Clothing has less than a year of cash runway based on current free cash flow.
  • VIP Clothing has less than a year of cash runway if free cash flow continues to grow at historical rates of 107.7% each year.
X
Financial health checks
We assess VIP Clothing's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. VIP Clothing has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

VIPCLOTHNG Dividends

 What is VIP Clothing's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from VIP Clothing dividends.
If you bought ₹2,000 of VIP Clothing shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate VIP Clothing's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate VIP Clothing's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:VIPCLOTHNG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 110 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:VIPCLOTHNG Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2017-05-11 0.000 0.000
2017-02-13 0.000 0.000
2016-11-15 0.000 0.000
2016-08-10 0.000 0.000
2016-05-30 0.000 0.000
2015-10-01 0.300 0.610
2014-09-01 0.200 0.444
2013-07-25 0.250 1.546
2013-05-15 0.250 1.989
2012-08-02 0.300 1.559
2012-05-14 0.300 1.462
2011-05-30 0.100 0.444
2010-08-12 0.400 1.969
2009-06-01 0.400 2.098

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as VIP Clothing has not reported any payouts.
  • Unable to verify if VIP Clothing's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of VIP Clothing's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as VIP Clothing has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess VIP Clothing's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can VIP Clothing afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. VIP Clothing has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

VIPCLOTHNG Management

 What is the CEO of VIP Clothing's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sunil Pathare
COMPENSATION ₹6,152,000
AGE 47
TENURE AS CEO 0.2 years
CEO Bio

Mr. Sunil Jaykumar Pathare, B.com, serves as Managing Director at VIP Clothing Limited. Mr. Pathare served as Managing Director of Maxwell Industries Limited from July 2008 to February 12, 2016 and as its Chairman of the Board since February 12, 2016. Mr. Pathare served as Vice Chairman of Maxwell Industries Ltd since July 2008. He has been Whole Time Director of Maxwell Industries Limited since September 29, 1992. He served as a Director of Lovable Lingerie Limited from December 24, 1999 to June 30, 2008. He has been awarded for excellence in manufacturing by CMAI, Entrepreneurship Excellence Award 2007 by SME Chamber of India, Indira Group of Institutes award for Marketing excellence in March, 2012. Mr. Pathare has an extensive experience in the field of Marketing, Production Operation, Sales, Finance, Advertising, business start ups in various markets.

CEO Compensation
  • Sunil's compensation has increased whilst company is loss making.
  • Sunil's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the VIP Clothing management team in years:

3.8
Average Tenure
43
Average Age
  • The tenure for the VIP Clothing management team is about average.
Management Team

Sunil Pathare

TITLE
Chairman & MD
COMPENSATION
₹6M
AGE
47
TENURE
0.2 yrs

Ashish Mandaliya

TITLE
CFO, Compliance Officer & Company Secretary
COMPENSATION
₹4M
TENURE
3.8 yrs

Kapil Pathare

TITLE
Whole Time Director
COMPENSATION
₹4M
AGE
39

Devendra Vyas

TITLE
Chief Financial Controller
COMPENSATION
₹4M
AGE
43
TENURE
3.9 yrs

R. Joshi

TITLE
Business Head – Leader & Strategic analyst

Prashant Mulki

TITLE
Business Head - Feelings

Amit Mhatre

TITLE
Business Head - FRENCHIE

Avadhoot Sansare

TITLE
Business Head - VIP
Board of Directors Tenure

Average tenure and age of the VIP Clothing board of directors in years:

13.9
Average Tenure
59
Average Age
  • The average tenure for the VIP Clothing board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Sunil Pathare

TITLE
Chairman & MD
COMPENSATION
₹6M
AGE
47
TENURE
3.2 yrs

Kapil Pathare

TITLE
Whole Time Director
COMPENSATION
₹4M
AGE
39
TENURE
15.6 yrs

Chetan Sheth

TITLE
Non-Executive Independent Director
COMPENSATION
₹120K
AGE
55
TENURE
15.3 yrs

Gopal Sehjpal

TITLE
Non-Executive Independent Director
COMPENSATION
₹120K
AGE
74
TENURE
16.6 yrs

Meher Castelino

TITLE
Non-Executive Independent Director
COMPENSATION
₹120K
AGE
74
TENURE
4.1 yrs

Robin Banerjee

TITLE
Non-Executive Independent Director
COMPENSATION
₹75K
AGE
63
TENURE
12.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
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Management checks
We assess VIP Clothing's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. VIP Clothing has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

VIPCLOTHNG News

Simply Wall St News

One Thing To Remember About The VIP Clothing Limited (NSE:VIPCLOTHNG) Share Price

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful.

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Imagine Owning VIP Clothing While The Price Tanked 66%

VIP Clothing Limited (NSE:VIPCLOTHNG) shareholders should be happy to see the share price up 13% in the last week. … Like a receding glacier in a warming world, the share price has melted 66% in that period. … The share price recovery is not so impressive when you consider the fall.

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Does VIP Clothing Limited's (NSE:VIPCLOTHNG) CEO Pay Compare Well With Peers?

Yogesh Tiwari has been the CEO of VIP Clothing Limited (NSE:VIPCLOTHNG) since 2015. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Yogesh Tiwari's Compensation Compare With Similar Sized Companies?

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What Kind Of Shareholders Own VIP Clothing Limited (NSE:VIPCLOTHNG)?

The big shareholder groups in VIP Clothing Limited (NSE:VIPCLOTHNG) have power over the company. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … VIP Clothing is not a large company by global standards.

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What You Must Know About VIP Clothing Limited's (NSE:VIPCLOTHNG) Beta Value

If you're interested in VIP Clothing Limited (NSE:VIPCLOTHNG), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility).

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What Did VIP Clothing Limited's (NSE:VIPCLOTHNG) CEO Take Home Last Year?

According to our data, VIP Clothing Limited has a market capitalization of ₹3.1b, and pays its CEO total annual compensation worth ₹9m. … We examined a group of similar sized companies, with market capitalizations of below ₹14.8b. … Thus we can conclude that Yogesh Tiwari receives more in total compensation than the median of a group of companies in the same market, and of similar size to VIP Clothing Limited

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VIP Clothing Limited (NSE:VIPCLOTHNG): Did It Outperform The Industry?

Improvement in profitability and outperformance against the industry can be important characteristics in a stock for some investors. … Below, I will assess VIP Clothing Limited's (NSE:VIPCLOTHNG) track record on a high level, to give you some insight into how the company has been performing against its historical trend and its industry peers. … View our latest analysis for VIP Clothing?

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Who Are The Top Investors In VIP Clothing Limited (NSE:VIPCLOTHNG)?

In this analysis, my focus will be on developing a perspective on VIP Clothing Limited’s (NSE:VIPCLOTHNG) latest ownership structure, a less discussed, but important factor. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … The effect of an active institutional investor with a similar ownership as a passive pension-fund can be vastly different on a company's corporate governance and accountability to shareholders.

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Was VIP Clothing Limited's (NSE:VIPCLOTHNG) Earnings Growth Better Than The Industry's?

When VIP Clothing Limited (NSEI:VIPCLOTHNG) released its most recent earnings update (31 March 2018), I wanted to understand how these figures stacked up against its past performance. … The two benchmarks I used were VIP Clothing's average earnings over the past couple of years, and its industry performance. … See our latest analysis for VIP Clothing How VIPCLOTHNG fared against its long-term earnings performance and its industry I like to use the ‘latest twelve-month’ data, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data.

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Is VIP Clothing Limited's (NSE:VIPCLOTHNG) CEO Paid Enough To Stay Motivated?

Therefore I will use earnings as a proxy of Tiwari's performance in the past year. … NSEI:VIPCLOTHNG Past Future Earnings May 21st 18 Is VIPCLOTHNG's CEO overpaid relative to the market? … Considering VIPCLOTHNG's size and performance, in terms of market cap and earnings, it seems that Tiwari is compensated similar to other comparable BSE and NSEI CEOs of profitable small-caps.

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VIPCLOTHNG Company Info

Description

VIP Clothing Limited manufactures, markets, and distributes garments in India and internationally. The company offers innerwear for men and women under the VIP, Frenchie, Feelings, Leader, and Eminence brand names. It operates through 550 dealer network and 110,000 retail outlets in India. The company was formerly known as Maxwell Industries Limited and changed its name to VIP Clothing Limited on October 20, 2016. VIP Clothing Limited was founded in 1971 and is headquartered in Mumbai, India.

Details
Name: VIP Clothing Limited
VIPCLOTHNG
Exchange: NSEI
Founded: 1971
₹1,565,204,035
82,596,519
Website: http://www.vipclothing.in
Address: VIP Clothing Limited
C-6, Street No. 22,
MIDC,
Mumbai,
Maharashtra, 400093,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532613 Equity Shares Mumbai Stock Exchange IN INR 27. Jan 2005
NSEI VIPCLOTHNG Equity Shares National Stock Exchange of India IN INR 27. Jan 2005
Number of employees
Current staff
Staff numbers
1,923
VIP Clothing employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 12:49
End of day share price update: 2019/04/24 00:00
Last earnings filing: 2019/02/07
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.