VIP Industries Limited (VIPIND) Fair Value & Analysis
Consumer Cyclical · IN · Market cap ₹44.6B
Fair value as of: Aug 13, 2026
From 9 valuation models · updated 4 days ago
Share price +1.0% over the past month.
Below-average quality, and screening another 88% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (₹59.72). The favourable scenario is already priced in.
- Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts.
- The model range is unusually wide (₹9.67 to ₹59.72). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Price vs Fair Value (5 years)
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 ₹260.00 – ₹740.05 · fair‑value band ₹9.67 – ₹59.72 · the ₹300.50 price screens above the ₹34.70 fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
VIP Industries Limited (VIPIND) currently trades at ₹300.50, while our model-based Fair Value estimate is ₹34.70, implying the stock looks roughly 88.5% overvalued today. The Quality Score stands at 42/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).
Over the trailing twelve months, VIP Industries Limited generated revenue of ₹18.6B at a net margin of -18.2%. Revenue declined 11.7% year over year. It earns a return on equity of -74.6%. Net debt stands at ₹6.9B. Fundamentals as of Aug 13, 2026
Our scenario range runs from ₹9.67 (bear case) to ₹59.72 (bull case); at ₹300.50, the current price sits above 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 39% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 10% fair-value upside, at -88%, VIPIND 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.
All 9 models by family
Widest divergence: DCF Models (₹106.93) versus Dividend Discount (₹0.5200). Highest evidence: Growth DCF (72).
Notify me when VIPIND reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 43 · Market factors (momentum, volatility) 33
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
V.I.P. Industries Limited manufactures and retails luggage, backpacks, handbags, and accessories in India and internationally. The company offers hard luggage, soft luggage, duffle bags, backpacks, business satchels, and ladies' handbags.
Full company description
V.I.P. Industries Limited manufactures and retails luggage, backpacks, handbags, and accessories in India and internationally. The company offers hard luggage, soft luggage, duffle bags, backpacks, business satchels, and ladies' handbags. It sells its products under the VIP, Caprese, Carlton, Skybags, Alfa, and Aristocrat brands through exclusive brand outlets and e-commerce platforms. The company also exports its products. V.I.P. Industries Limited was incorporated in 1968 and is headquartered in Mumbai, India.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
VIP Industries Limited reported revenue of ₹18.6B in FY2026 versus ₹12.9B in FY2022, a compound +9.6%/yr. Reported net income was −₹3.4B in FY2026.
VIPIND screens 88% overvalued. Compare with NIKE, Inc →
Peer Group
Footwear & Accessories · 94 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.
Valuation Multiples vs Footwear & Accessories median · lower = cheaper
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Footwear & Accessories stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| NIKE, Inc NKE | $40.51 | $35.63 | -12% |
| adidas AG 1ADS | €158.15 | €65.71 | -58% |
| Deckers Outdoor Corporation DECK | $93.84 | $125.16 | +33% |
| On Holding ONON | $30.91 | $17.53 | -43% |
| Zhejiang China Commodities City Group 600415 | ¥11.81 | ¥13.03 | +10% |
| Birkenstock Holding BIRK | $36.74 | $44.59 | +21% |
| Crocs, Inc CROX | $130.61 | $203.65 | +56% |
| Huali Industrial Group 300979 | ¥36.73 | ¥51.36 | +40% |
| PUMA SE PUM | €26.69 | €10.57 | -60% |
| Yue Yuen Industrial (Holdings) Limited 0551 | HK$13.64 | HK$4.04 | -70% |
Compare VIP Industries Limited with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Consumer Cyclical stocks →
Frequently asked questions
Is VIP Industries Limited (VIPIND) overvalued or undervalued?
What is the fair value of VIPIND?
What is the quality score of VIPIND?
What is the revenue of VIP Industries Limited (VIPIND)?
What is the net profit margin of VIPIND?
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.
Track VIP Industries 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.