V.I.P. Industries Limited

NSEI:VIPIND Stock Report

Market Cap: ₹43.1b

V.I.P. Industries Future Growth

Future criteria checks 4/6

V.I.P. Industries is forecast to grow earnings and revenue by 123.3% and 9.9% per annum respectively. EPS is expected to grow by 123.8% per annum. Return on equity is forecast to be 27.9% in 3 years.

Key information

123.3%

Earnings growth rate

123.83%

EPS growth rate

Luxury earnings growth19.2%
Revenue growth rate9.9%
Future return on equity27.85%
Analyst coverage

Good

Last updated09 Jul 2026

Recent future growth updates

Analysis Article • May 20

V.I.P. Industries Limited (NSE:VIPIND) Analysts Are Cutting Their Estimates: Here's What You Need To Know

V.I.P. Industries Limited ( NSE:VIPIND ) just released its latest yearly report and things are not looking great. It...
Analysis Article • Nov 19

V.I.P. Industries Limited (NSE:VIPIND) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

As you might know, V.I.P. Industries Limited ( NSE:VIPIND ) last week released its latest quarterly, and things did not...
Analysis Article • Aug 10

V.I.P. Industries Limited (NSE:VIPIND) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹370

NSEI:VIPIND 1 Year Share Price vs Fair Value Explore V.I.P. Industries's Fair Values from the Community and select...

Recent updates

Analysis Article • May 22

Analysts Just Shaved Their V.I.P. Industries Limited (NSE:VIPIND) Forecasts Dramatically

Today is shaping up negative for V.I.P. Industries Limited ( NSE:VIPIND ) shareholders, with the analysts delivering a...
Analysis Article • May 20

V.I.P. Industries Limited (NSE:VIPIND) Analysts Are Cutting Their Estimates: Here's What You Need To Know

V.I.P. Industries Limited ( NSE:VIPIND ) just released its latest yearly report and things are not looking great. It...
Analysis Article • Feb 04

V.I.P. Industries Limited's (NSE:VIPIND) Share Price Not Quite Adding Up

When you see that almost half of the companies in the Luxury industry in India have price-to-sales ratios (or "P/S...
Analysis Article • Nov 26

These Analysts Think V.I.P. Industries Limited's (NSE:VIPIND) Sales Are Under Threat

The latest analyst coverage could presage a bad day for V.I.P. Industries Limited ( NSE:VIPIND ), with the analysts...
Analysis Article • Nov 19

V.I.P. Industries Limited (NSE:VIPIND) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

As you might know, V.I.P. Industries Limited ( NSE:VIPIND ) last week released its latest quarterly, and things did not...
Analysis Article • Sep 27

Some Shareholders Feeling Restless Over V.I.P. Industries Limited's (NSE:VIPIND) P/S Ratio

V.I.P. Industries Limited's ( NSE:VIPIND ) price-to-sales (or "P/S") ratio of 2.8x may not look like an appealing...
Analysis Article • Aug 10

V.I.P. Industries Limited (NSE:VIPIND) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹370

NSEI:VIPIND 1 Year Share Price vs Fair Value Explore V.I.P. Industries's Fair Values from the Community and select...
Analysis Article • Jun 12

Is V.I.P. Industries (NSE:VIPIND) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • May 16

Earnings Release: Here's Why Analysts Cut Their V.I.P. Industries Limited (NSE:VIPIND) Price Target To ₹367

Shareholders of V.I.P. Industries Limited ( NSE:VIPIND ) will be pleased this week, given that the stock price is up...
Analysis Article • May 10

What V.I.P. Industries Limited's (NSE:VIPIND) 27% Share Price Gain Is Not Telling You

V.I.P. Industries Limited ( NSE:VIPIND ) shareholders are no doubt pleased to see that the share price has bounced 27...
Analysis Article • Mar 12

V.I.P. Industries Limited's (NSE:VIPIND) 25% Share Price Plunge Could Signal Some Risk

Unfortunately for some shareholders, the V.I.P. Industries Limited ( NSE:VIPIND ) share price has dived 25% in the last...
Analysis Article • Jan 13

V.I.P. Industries Limited's (NSE:VIPIND) Business Is Yet to Catch Up With Its Share Price

When close to half the companies in the Luxury industry in India have price-to-sales ratios (or "P/S") below 1.1x, you...
Analysis Article • Oct 27

V.I.P. Industries Limited Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next

It's been a sad week for V.I.P. Industries Limited ( NSE:VIPIND ), who've watched their investment drop 11% to ₹461 in...
Analysis Article • Oct 25

We Think V.I.P. Industries (NSE:VIPIND) Has A Fair Chunk Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Sep 25

Revenues Not Telling The Story For V.I.P. Industries Limited (NSE:VIPIND) After Shares Rise 26%

V.I.P. Industries Limited ( NSE:VIPIND ) shareholders would be excited to see that the share price has had a great...
Analysis Article • Aug 09

V.I.P. Industries Limited Just Missed Earnings - But Analysts Have Updated Their Models

V.I.P. Industries Limited ( NSE:VIPIND ) missed earnings with its latest quarterly results, disappointing...
Analysis Article • May 21

V.I.P. Industries' (NSE:VIPIND) Shareholders Have More To Worry About Than Lackluster Earnings

V.I.P. Industries Limited's ( NSE:VIPIND ) lackluster earnings announcement last week disappointed investors. We think...
Analysis Article • Apr 26

Subdued Growth No Barrier To V.I.P. Industries Limited's (NSE:VIPIND) Price

When you see that almost half of the companies in the Luxury industry in India have price-to-sales ratios (or "P/S...
Analysis Article • Mar 12

Is V.I.P. Industries (NSE:VIPIND) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Feb 02

V.I.P. Industries (NSE:VIPIND) Has Announced A Dividend Of ₹2.00

V.I.P. Industries Limited ( NSE:VIPIND ) will pay a dividend of ₹2.00 on the 23rd of February. This means that the...
Analysis Article • Sep 23

V.I.P. Industries (NSE:VIPIND) Has A Pretty Healthy Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Aug 30

V.I.P. Industries (NSE:VIPIND) Will Be Hoping To Turn Its Returns On Capital Around

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Analysis Article • Jun 20

V.I.P. Industries (NSE:VIPIND) Seems To Use Debt Quite Sensibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Mar 03

V.I.P. Industries (NSE:VIPIND) May Have Issues Allocating Its Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...

Earnings and Revenue Growth Forecasts

NSEI:VIPIND - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202922,6756721,1641,5582
3/31/202824,0291,0132,1492,2318
3/31/202720,2751151,4261,5886
3/31/202618,581-3,3801,3301,810N/A
12/31/202519,161-2,365N/AN/AN/A
9/30/202519,631-1,9601,8502,293N/A
6/30/202521,010-859N/AN/AN/A
3/31/202521,784-6882,4902,922N/A
12/31/202422,005-653N/AN/AN/A
9/30/202422,459-457-795-149N/A
6/30/202422,4776N/AN/AN/A
3/31/202422,450543-2,317-1,317N/A
12/31/202321,792739N/AN/AN/A
9/30/202321,5921,109131,314N/A
6/30/202321,2781,410N/AN/AN/A
3/31/202320,8231,5236801,749N/A
12/31/202219,8771,690N/AN/AN/A
9/30/202218,5861,584-245401N/A
6/30/202216,7391,335N/AN/AN/A
3/31/202212,895669-601-237N/A
12/31/202111,766508N/AN/AN/A
9/30/202110,118103-153-36N/A
6/30/20217,845-436N/AN/AN/A
3/31/20216,186-975729851N/A
12/31/20206,870-842N/AN/AN/A
9/30/20208,797-4301,0621,361N/A
6/30/202011,945253N/AN/AN/A
3/31/202017,1441,1172,4682,920N/A
12/31/201918,4381,275N/AN/AN/A
9/30/201918,4151,171N/A-117N/A
6/30/201918,3101,170N/AN/AN/A
3/31/201917,8471,453N/A-559N/A
12/31/201817,1221,550N/AN/AN/A
9/30/201816,2011,581N/AN/AN/A
6/30/201815,2761,491N/AN/AN/A
3/31/201814,0961,268N/A852N/A
12/31/201713,7371,095N/AN/AN/A
9/30/201713,373985N/AN/AN/A
6/30/201713,081934N/AN/AN/A
3/31/201712,515852N/A1,265N/A
12/31/201612,433779N/AN/AN/A
9/30/201612,272728N/AN/AN/A
6/30/201612,372719N/AN/AN/A
3/31/201612,165665N/A534N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VIPIND is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (6.9%).

Earnings vs Market: VIPIND is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: VIPIND is expected to become profitable in the next 3 years.

Revenue vs Market: VIPIND's revenue (9.9% per year) is forecast to grow slower than the Indian market (11.1% per year).

High Growth Revenue: VIPIND's revenue (9.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: VIPIND's Return on Equity is forecast to be high in 3 years time (27.9%)

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/12 03:04
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

V.I.P. Industries Limited is covered by 21 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Akhil Parekh360 ONE Capital Market Private Limited
null null360 ONE Capital Market Private Limited
Karan KhannaAmbit Capital