V.I.P. Industries Limited

NSEI:VIPIND Stock Report

Market Cap: ₹52.9b

V.I.P. Industries Management

Management criteria checks 1/4

V.I.P. Industries' CEO is Neetu Kashiramka, appointed in Nov 2023, has a tenure of 1.17 years. total yearly compensation is ₹49.80M, comprised of 55.6% salary and 44.4% bonuses, including company stock and options. directly owns 0.046% of the company’s shares, worth ₹24.19M. The average tenure of the management team and the board of directors is 0.9 years and 5.7 years respectively.

Key information

Neetu Kashiramka

Chief executive officer

₹49.8m

Total compensation

CEO salary percentage55.6%
CEO tenure1.2yrs
CEO ownership0.05%
Management average tenureless than a year
Board average tenure5.7yrs

Recent management updates

Recent updates

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

Jan 13
V.I.P. Industries Limited's (NSE:VIPIND) Business Is Yet to Catch Up With Its Share Price

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

Oct 27
V.I.P. Industries Limited Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next

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

Oct 25
We Think V.I.P. Industries (NSE:VIPIND) Has A Fair Chunk Of Debt

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

Sep 25
Revenues Not Telling The Story For V.I.P. Industries Limited (NSE:VIPIND) After Shares Rise 26%

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

Aug 09
V.I.P. Industries Limited Just Missed Earnings - But Analysts Have Updated Their Models

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

May 21
V.I.P. Industries' (NSE:VIPIND) Shareholders Have More To Worry About Than Lackluster Earnings

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

Apr 26
Subdued Growth No Barrier To V.I.P. Industries Limited's (NSE:VIPIND) Price

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

Mar 12
Is V.I.P. Industries (NSE:VIPIND) A Risky Investment?

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

Feb 02
V.I.P. Industries (NSE:VIPIND) Has Announced A Dividend Of ₹2.00

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

Sep 23
V.I.P. Industries (NSE:VIPIND) Has A Pretty Healthy Balance Sheet

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

Aug 30
V.I.P. Industries (NSE:VIPIND) Will Be Hoping To Turn Its Returns On Capital Around

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

Jun 20
V.I.P. Industries (NSE:VIPIND) Seems To Use Debt Quite Sensibly

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

Mar 03
V.I.P. Industries (NSE:VIPIND) May Have Issues Allocating Its Capital

Should You Be Adding V.I.P. Industries (NSE:VIPIND) To Your Watchlist Today?

Dec 13
Should You Be Adding V.I.P. Industries (NSE:VIPIND) To Your Watchlist Today?

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

Sep 13
V.I.P. Industries (NSE:VIPIND) Seems To Use Debt Quite Sensibly

Does VIP Industries (NSE:VIPIND) Have A Healthy Balance Sheet?

Jun 10
Does VIP Industries (NSE:VIPIND) Have A Healthy Balance Sheet?

Capital Allocation Trends At VIP Industries (NSE:VIPIND) Aren't Ideal

May 20
Capital Allocation Trends At VIP Industries (NSE:VIPIND) Aren't Ideal

Some Investors May Be Worried About VIP Industries' (NSE:VIPIND) Returns On Capital

Feb 07
Some Investors May Be Worried About VIP Industries' (NSE:VIPIND) Returns On Capital

Is VIP Industries (NSE:VIPIND) A Risky Investment?

Jan 17
Is VIP Industries (NSE:VIPIND) A Risky Investment?

VIP Industries' (NSE:VIPIND) Earnings Are Weaker Than They Seem

Nov 05
VIP Industries' (NSE:VIPIND) Earnings Are Weaker Than They Seem

Is VIP Industries (NSE:VIPIND) A Risky Investment?

Aug 12
Is VIP Industries (NSE:VIPIND) A Risky Investment?

CEO Compensation Analysis

How has Neetu Kashiramka's remuneration changed compared to V.I.P. Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

-₹653m

Sep 30 2024n/an/a

-₹457m

Jun 30 2024n/an/a

₹6m

Mar 31 2024₹50m₹28m

₹543m

Dec 31 2023n/an/a

₹739m

Sep 30 2023n/an/a

₹1b

Jun 30 2023n/an/a

₹1b

Mar 31 2023₹45m₹24m

₹2b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹1b

Mar 31 2022₹34m₹18m

₹669m

Dec 31 2021n/an/a

₹508m

Sep 30 2021n/an/a

₹103m

Jun 30 2021n/an/a

-₹436m

Mar 31 2021₹15m₹15m

-₹975m

Compensation vs Market: Neetu's total compensation ($USD575.09K) is above average for companies of similar size in the Indian market ($USD362.09K).

Compensation vs Earnings: Neetu's compensation has increased whilst the company is unprofitable.


CEO

Neetu Kashiramka (50 yo)

1.2yrs

Tenure

₹49,800,000

Compensation

Ms. Neetu Kashiramka served as Chief Financial Officer at VIP Industries Limited since April 08, 2020, until February 14, 2024 and its Executive Director since May 08, 2023 and also serves as its Managing...


Leadership Team

NamePositionTenureCompensationOwnership
Neetu Kashiramka
MD & Executive Director1.2yrs₹49.80m0.046%
₹ 24.2m
Radhika Piramal
Executive Vice Chairperson15.6yrs₹69.60m0.16%
₹ 82.8m
Manish Desai
Chief Financial Officerless than a year₹24.77mno data
Ashish Saha
Executive Director & SVP of India Manufacturing & New Projectsno data₹9.90mno data
Ashitosh Sheth
Company Secretary & Compliance Officerless than a yearno datano data
Praful Gupta
Vice President of Sales & CRMno datano data0.0016%
₹ 851.0k
Dipti Shah
Vice President of Marketingno datano datano data
Akash Shukla
Vice President of Human Resourcesno datano datano data
Anjan Mohanty
Chief Executive Officer - Bangladeshno datano datano data
Manish Vig
Channel Head of Retailno datano datano data

0.9yrs

Average Tenure

50yo

Average Age

Experienced Management: VIPIND's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Neetu Kashiramka
MD & Executive Director1.7yrs₹49.80m0.046%
₹ 24.2m
Radhika Piramal
Executive Vice Chairperson15.6yrs₹69.60m0.16%
₹ 82.8m
Ashish Saha
Executive Director & SVP of India Manufacturing & New Projects1.4yrs₹9.90mno data
Tushar Jani
Independent Non-Executive Director5.7yrs₹2.00mno data
Suresh Surana
Independent Directorno data₹500.00kno data
Dilip Piramal
Non-Executive Chairman45.6yrs₹68.80m0.68%
₹ 362.0m
Amit Jatia
Non Executive - Independent Director9.7yrs₹2.10mno data
Ramesh Damani
Independent Non-Executive Director5.7yrs₹1.60m0.082%
₹ 43.4m
Payal Kothari
Independent Directorless than a yearno datano data

5.7yrs

Average Tenure

61.5yo

Average Age

Experienced Board: VIPIND's board of directors are considered experienced (5.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 02:03
End of Day Share Price 2025/01/31 00:00
Earnings2024/12/31
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

V.I.P. Industries Limited is covered by 24 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Karan KhannaAmbit Capital
null nullAnand Rathi Shares and Stock Brokers Limited