Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of V I P Industries Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 451 | 636 | 546 | 546 | 516 | 639 | 544 | 501 | 494 | 561 | 406 | 454 | 436 |
| Expenses + | 386 | 556 | 493 | 494 | 508 | 590 | 546 | 472 | 488 | 537 | 513 | 531 | 518 |
| Operating Profit | 64 | 81 | 53 | 52 | 8 | 49 | -2 | 29 | 6 | 25 | -106 | -77 | -82 |
| OPM % | 14% | 13% | 10% | 10% | 2% | 8% | -0% | 6% | 1% | 4% | -26% | -17% | -19% |
| Other Income + | -43 | 28 | 3 | 3 | 4 | 2 | 6 | 2 | 8 | 7 | 15 | 75 | 4 |
| Interest | 8 | 11 | 12 | 15 | 17 | 18 | 20 | 18 | 17 | 17 | 18 | 16 | 20 |
| Depreciation | 20 | 21 | 24 | 27 | 28 | 29 | 30 | 30 | 30 | 32 | 33 | 32 | 31 |
| Profit before tax | -6 | 77 | 19 | 13 | -33 | 4 | -46 | -17 | -33 | -17 | -142 | -50 | -129 |
| Tax % | -34% | 25% | 31% | 46% | -28% | -9% | -28% | -26% | -16% | -23% | 1% | 5% | 0% |
| Net Profit + | -4 | 58 | 13 | 7 | -24 | 4 | -33 | -12 | -27 | -13 | -143 | -53 | -129 |
| EPS in Rs | -0.30 | 4.08 | 0.94 | 0.50 | -1.68 | 0.28 | -2.33 | -0.87 | -1.93 | -0.92 | -10.08 | -3.72 | -9.07 |
Financials of V I P Industries Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,017 | 1,192 | 1,252 | 1,410 | 1,785 | 1,714 | 619 | 1,290 | 2,082 | 2,245 | 2,178 | 1,858 |
| Expenses + | 938 | 1,082 | 1,117 | 1,214 | 1,558 | 1,418 | 683 | 1,143 | 1,765 | 2,047 | 2,090 | 2,099 |
| Operating Profit | 79 | 110 | 134 | 196 | 227 | 296 | -64 | 147 | 317 | 198 | 88 | -241 |
| OPM % | 8% | 9% | 11% | 14% | 13% | 17% | -10% | 11% | 15% | 9% | 4% | -13% |
| Other Income + | 7 | 3 | 7 | 9 | 8 | -36 | 48 | 36 | -16 | 37 | 19 | 101 |
| Interest | 3 | 3 | 3 | 2 | 4 | 25 | 31 | 26 | 31 | 59 | 79 | 70 |
| Depreciation | 18 | 14 | 14 | 13 | 17 | 87 | 78 | 70 | 74 | 99 | 119 | 127 |
| Profit before tax | 65 | 95 | 126 | 190 | 215 | 148 | -125 | 86 | 197 | 77 | -91 | -338 |
| Tax % | 29% | 30% | 32% | 33% | 32% | 25% | -22% | 22% | 22% | 29% | -25% | -0% |
| Net Profit + | 47 | 66 | 85 | 127 | 145 | 112 | -97 | 67 | 152 | 54 | -69 | -338 |
| EPS in Rs | 3.30 | 4.70 | 6.03 | 8.97 | 10.28 | 7.91 | -6.90 | 4.73 | 10.75 | 3.83 | -4.84 | -23.79 |
| Dividend Payout % | 45% | 43% | 40% | 33% | 31% | 40% | 0% | 53% | 42% | 52% | 0% | 0% |
Financials of V I P Industries Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 |
| Reserves | 277 | 311 | 380 | 461 | 553 | 582 | 489 | 531 | 613 | 650 | 588 | 261 |
| Borrowings + | 31 | 14 | 0 | 0 | 86 | 269 | 353 | 298 | 352 | 871 | 751 | 738 |
| Other Liabilities + | 163 | 231 | 201 | 284 | 404 | 364 | 223 | 371 | 421 | 517 | 489 | 577 |
| Total Liabilities | 499 | 585 | 609 | 773 | 1,071 | 1,243 | 1,094 | 1,229 | 1,415 | 2,067 | 1,856 | 1,604 |
| Fixed Assets + | 71 | 67 | 61 | 77 | 117 | 371 | 288 | 265 | 309 | 532 | 507 | 507 |
| CWIP | 1 | 1 | 1 | 3 | 6 | 3 | 2 | 7 | 15 | 14 | 18 | 15 |
| Investments | 0 | 0 | 68 | 72 | 1 | 41 | 141 | 42 | 23 | 3 | 6 | 73 |
| Other Assets + | 427 | 517 | 479 | 621 | 948 | 829 | 662 | 915 | 1,067 | 1,518 | 1,326 | 1,009 |
| Total Assets | 499 | 585 | 609 | 773 | 1,071 | 1,243 | 1,094 | 1,229 | 1,415 | 2,067 | 1,856 | 1,604 |
Financials of V I P Industries Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 14 | 53 | 126 | 85 | -56 | 292 | 85 | -24 | 175 | -132 | 292 | 181 |
| Cash from Investing Activity + | -3 | -8 | -73 | -29 | 16 | -85 | -145 | 146 | -84 | -76 | -47 | -48 |
| Cash from Financing Activity + | -14 | -45 | -51 | -44 | 31 | -211 | 74 | -126 | -75 | 218 | -251 | -139 |
| Net Cash Flow | -3 | 0 | 2 | 13 | -9 | -4 | 14 | -3 | 16 | 10 | -5 | -6 |
| Free Cash Flow | 9 | 45 | 118 | 55 | -115 | 248 | 102 | -58 | 69 | -231 | 251 | 205 |
| CFO/OP | 44% | 73% | 123% | 76% | 7% | 112% | -137% | -10% | 72% | -53% | 337% | -76% |
Financials of V I P Industries Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 40 | 46 | 35 | 46 | 61 | 57 | 88 | 62 | 45 | 53 | 62 | 53 |
| Inventory Days | 145 | 158 | 153 | 168 | 219 | 208 | 311 | 305 | 217 | 326 | 222 | 146 |
| Days Payable | 76 | 89 | 78 | 113 | 132 | 135 | 159 | 166 | 112 | 145 | 123 | 138 |
| Cash Conversion Cycle | 109 | 115 | 109 | 101 | 148 | 130 | 240 | 201 | 150 | 234 | 161 | 60 |
| Working Capital Days | 71 | 74 | 73 | 76 | 85 | 72 | 62 | 91 | 57 | 48 | 36 | -21 |
| ROCE % | 20% | 28% | 34% | 43% | 38% | 29% | -12% | 13% | 28% | 8% | -2% | -29% |