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VIP Industries (NSE:VIPIND) Net Margin % : 1.31% (As of Dec. 2023)


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What is VIP Industries Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. VIP Industries's Net Income for the three months ended in Dec. 2023 was ₹72 Mil. VIP Industries's Revenue for the three months ended in Dec. 2023 was ₹5,464 Mil. Therefore, VIP Industries's net margin for the quarter that ended in Dec. 2023 was 1.31%.

The historical rank and industry rank for VIP Industries's Net Margin % or its related term are showing as below:

NSE:VIPIND' s Net Margin % Range Over the Past 10 Years
Min: -15.8   Med: 6.25   Max: 9
Current: 3.4


NSE:VIPIND's Net Margin % is ranked better than
54.68% of 1046 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.47 vs NSE:VIPIND: 3.40

VIP Industries Net Margin % Historical Data

The historical data trend for VIP Industries's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

VIP Industries Net Margin % Chart

VIP Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.16 6.53 -15.80 5.20 7.33

VIP Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.38 -0.95 9.08 2.43 1.31

Competitive Comparison of VIP Industries's Net Margin %

For the Footwear & Accessories subindustry, VIP Industries's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


VIP Industries's Net Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VIP Industries's Net Margin % distribution charts can be found below:

* The bar in red indicates where VIP Industries's Net Margin % falls into.



VIP Industries Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

VIP Industries's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=1523.4/20787
=7.33 %

VIP Industries's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=71.5/5464.2
=1.31 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


VIP Industries  (NSE:VIPIND) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


VIP Industries Net Margin % Related Terms

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VIP Industries (NSE:VIPIND) Business Description

Traded in Other Exchanges
Address
88-C, Old Prabhadevi Road, DGP House, 5th Floor, Mumbai, MH, IND, 400 025
VIP Industries Ltd is a luggage manufacturer based in India. The company's only segment is the manufacturing and marketing of luggage, bags, and accessories. Geographically, it derives a majority of revenue from India. VIP has a range of brands across luggage categories including Carlton, VIP Bags, Skybags, Aristocrat, Alfa, and Caprese through which it sells trolleys, rucksacks, backpacks, duffel bags, laptop bags, travel accessories, short-haul essentials, soft uprights, vanity cases, hard suitcases, briefcases, and uprights, among others.

VIP Industries (NSE:VIPIND) Headlines

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