Jul 01, 2022 04:01 PM
|Mar 08, 2022||Dividend||125|
|Feb 24, 2020||Dividend||160|
VIP Industries Ltd is in the Plastic product manufacturing sector is having a market capitalization worth Rs. 6,723.86 crores, it is incorporated in the year 1968. It has reported consolidated sales of Rs. 206.21 crores in March 2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 507880, and also listed on the National Stock Exchange (NSE) with the code VIPIND.
VIP Industries is involved in the business of manufacturing and marketing luggage bags, travel goods, bags, and ladies' handbags. The key products forming a major part of the company’s revenue include (i) the Upright Trolley case, (ii) Duffel Bags, and (iii) School Bags. VIP Industries has established an international presence with the help of its four overseas wholly-owned subsidiaries. VIP Industries has an international customer base in 14 nations of the world. VIP is planning to incur a recurring expenditure of around Rs. 1 crore on research & development of Nano-safe technology for its hard luggage range. VIP has a well-equipped workforce of 1348 employees. The promoters of the company own 53.46% of the stake, Foreign Institutional Investors (FII) own 2.98% stake in the company, Domestic Institutional Investors (DII) own 20.48% stake in the company, and others (such as public & retail investors) hold the balance of 23.09%.
In June 2021, quarterly net revenue was Rs. 201.75 crores, which has increased by approximately 400.68 % from Rs. 40.33 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 3.48 crores, which has improved and increased by nearly 108.35% from a net loss of Rs. 41.67 crores in June 2020. In June 2021, the reported operating profit was at Rs. 168.37 crores, which is increased by 538.25% as compared to an operating profit of Rs. 26.38 crores for the quarter ending in June 2020. From a negative EPS of Rs. 2.95 in June 2020, the EPS of VIP Industries Ltd has doubled and reached an EPS of Rs. 0.25 per share in June 2021. VIPIND's stock closed at Rs. 469.85 on 26th August’2021 (NSE). VIP Industries Ltd has returned 18.74% in the last six months and returned 57.0% in the previous year.
|AGM Date (Month)||:||Aug|
|Face Value Equity Shares||:||2|
|Market Lot Equity Shares||:||1|
|Book Closure Date (Month)||:||Jul/Aug|