EN DE

VIP Clothing Limited (VIPCLOTHNG) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹2.2B

VC VIP Clothing Limited VIPCLOTHNG · NSE
Price₹20.59
Fair Value₹21.51
Upside+4.5%
Quality49/100
Watch VIP Clothing Limited for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Thin margins · 3.9% net margin
Low debt · generates free cash flow
Ranks above peers (9/14)
Narrow moat 32/100
Evidence: High Range ₹14.26 – ₹29.56 Share as image

Fair value as of: Aug 13, 2026

From 25 valuation models · updated 4 days ago

Share price −6.7% over the past month.

Below-average quality, currently priced close to our fair value.

Fair value for all 35,000+ stocks, review alerts and the diversification check: 14 days of Pro free, no card.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (₹14.26 to ₹29.56) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

₹58.20 ₹13.30 Fair Value ₹21.51 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹13.30 – ₹58.20 · fair‑value band ₹14.26 – ₹29.56 · the ₹20.59 price screens below the ₹21.51 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

VIP Clothing Limited (VIPCLOTHNG) currently trades at ₹20.59, while our model-based Fair Value estimate is ₹21.51, implying the stock looks roughly 4.5% fairly valued today. The Quality Score stands at 49/100 (below-average quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, VIP Clothing Limited generated revenue of ₹2.5B at a net margin of 3.9%. Revenue grew 10.2% year over year. It earns a return on equity of 5.2%. Net debt stands at ₹689M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹14.26 (bear case) to ₹29.56 (bull case); at ₹20.59, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 54% below its 52-week high and 47% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 27% fair-value upside, at 4%, VIPCLOTHNG screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹14.26 ₹19.29 ₹25.77 80
Residual Income ₹16.18 ₹16.10 ₹14.97 76
Rev-Margin DCF ₹17.14 ₹26.61 ₹36.51 74
All 25 models by family
DCF Models
FCF DCF ₹13.87 ₹19.24 ₹26.44 38
Owner Earnings ₹13.82 ₹19.17 ₹26.35 31
5Y Revenue Exit ₹17.14 ₹26.47 ₹37.92 39
5Y EBITDA Exit ₹17.65 ₹27.37 ₹38.10 41
5Y P/E Exit ₹15.00 ₹22.73 ₹30.30 38
10Y Revenue Exit ₹15.18 ₹23.10 ₹32.78 36
10Y EBITDA Exit ₹16.04 ₹23.69 ₹32.91 37
10Y P/E Exit ₹14.43 ₹20.65 ₹27.41 35
Earnings-Based
Graham-Dodd ₹7.40 ₹15.92 ₹20.23 54
PEG = 1.0 ₹2.46 ₹3.52 ₹4.57 46
EPV ₹17.77 ₹20.57 ₹22.98 59
Dividend Discount
Gordon GGM ₹0.0400 ₹0.0500 ₹0.0700 70
DDM Multi-Stage ₹0.0400 ₹0.0500 ₹0.0700 61
Multiples
P/E Multiple ₹17.96 ₹23.94 ₹29.93 63
P/S Multiple ₹13.88 ₹18.50 ₹23.13 58
P/B Multiple ₹13.88 ₹18.50 ₹23.13 55
EV/EBIT ₹30.40 ₹40.51 ₹50.63 53
EV/EBITDA ₹22.91 ₹30.53 ₹38.15 54
EV/Revenue ₹20.51 ₹29.28 ₹38.04 43
Asset-Based
NCAV (Graham) ₹10.78 ₹14.45 ₹21.57 50
Growth DCF
Growth DCF ₹14.26 ₹19.29 ₹25.77 80
Rev-Margin DCF ₹17.14 ₹26.61 ₹36.51 74
Economic Profit
Residual Income ₹16.18 ₹16.10 ₹14.97 76
ROIC Compounder ₹17.77 ₹20.57 ₹23.69 72
Growth Earnings
Growth-Adj P/E ₹13.23 ₹18.90 ₹24.57 68

Widest divergence: Multiples (₹23.94) versus Dividend Discount (₹0.0500). Highest evidence: Growth DCF (80).

Notify me when VIPCLOTHNG reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) ₹2.5B
Revenue growth (YoY) +10.2%
Net margin 3.9%
Return on equity 5.2%
Free cash flow ₹125M FY2026
P/E ratio 19.2
More key figures
Operating margin 8.6%
EPS (TTM) ₹1.07
EPS growth (YoY) +75.9%
Net debt ₹689M FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 49 · Market factors (momentum, volatility) 28

Profitability 33
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 53
Earnings quality: real cash, not paper profit
Fin. Strength 51
Balance sheet, leverage, solvency risk
Investment 77
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 15
Price trend over the last 3–12 months (market factor)
52W Momentum 11
Distance to the 52-week high (market factor)
Net Issuance 43
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

VIP Clothing Limited engages in the manufacture, marketing, and distribution of garments in India. The company offers innerwear and socks for men and women under the VIP, Frenchie, Feelings, Leader, and Brat brand names. It also exports its products.

Full company description

VIP Clothing Limited engages in the manufacture, marketing, and distribution of garments in India. The company offers innerwear and socks for men and women under the VIP, Frenchie, Feelings, Leader, and Brat brand names. It also exports its products. The company was formerly known as Maxwell Industries Limited and changed its name to VIP Clothing Limited in October 2016. VIP Clothing Limited was founded in 1971 and is based in Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

VIP Clothing Limited reported revenue of ₹2.5B in FY2026 versus ₹1.8B in FY2022, a compound +8.9%/yr. Reported net income was ₹98.1M in FY2026.

Growth Quality 73/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
₹2.5B
Latest YoY
+6.5%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.5%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+12.3%
Avg. growth/yr (20Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+2.1%
Revenue +8.9%/yr
FY22 ₹1.8B
FY23 ₹2.0B
FY24 ₹1.8B
FY25 ₹2.4B
FY26 ₹2.5B
Net income
FY22 −₹22.1M
FY23 ₹66.4M
FY24 −₹127M
FY25 ₹54.6M
FY26 ₹98.1M

Watch VIPCLOTHNG: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "VIP Clothing Limited Fair Value". https://www.fairvalue-calculator.com/stock/VIPCLOTHNG

Peer Group

Apparel Manufacturing · 210 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 49 · Below median
Fair Value upside +5% · Above median
Return on equity (TTM) 5% · Above median
Return on assets 4% · Above median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 9% · Above median
Revenue growth 10% · Above median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.00× · Lower than median

Valuation Multiples vs Apparel Manufacturing median · lower = cheaper

P/E (TTM) 19.2× · Pricier than median
P/B 1.16× · Cheaper than median
P/S (TTM) 0.89× · Pricier than median
P/FCF 0.2× · Cheaper than 75% of peers
EV/EBITDA 9.8× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 39 · sector 28
FUTURE 51 · sector 4
PAST 21 · sector 21
HEALTH 100 · sector 98
DIVIDEND 0 · sector 55

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Apparel Manufacturing stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
H & M Hennes & Mauritz AB HMB kr 174.25 kr 165.47 -5%
LPP SA LPP 22,220 PLN 17,754 PLN -20%
Bosideng International Holdings 3998 HK$4.65 HK$5.92 +27%
Youngor Fashion Co 600177 ¥7.78 ¥5.59 -28%
Page Industries Limited PAGEIND ₹38,295 ₹12,395 -68%
Hla Group 600398 ¥6.07 ¥9.92 +63%
Youngone Corporation 111770 85,200 KRW 188,736 KRW +122%
F&F Co 383220 68,800 KRW 179,500 KRW +161%
Youngone Holdings 009970 188,300 KRW 697,038 KRW +270%
Wiselink Co 8932 105.00 TWD 37.95 TWD -64%

Compare VIP Clothing Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is VIP Clothing Limited (VIPCLOTHNG) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹21.51 versus a price of ₹20.59, about +4% (fairly valued).
What is the fair value of VIPCLOTHNG?
Our model-based fair value for VIP Clothing Limited is ₹21.51 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹20.59.
What is the quality score of VIPCLOTHNG?
VIP Clothing Limited has a Quality Score of 49/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of VIP Clothing Limited (VIPCLOTHNG)?
VIP Clothing Limited reported trailing-twelve-month revenue of about ₹2.5B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of VIPCLOTHNG?
The net profit margin of VIP Clothing Limited is about 3.9%, meaning it keeps roughly 3.9% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track VIP Clothing Limited and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.