VIP IndustriesNSE:VIPIND -0.21%73 Cash Ratio is 0.12 as of Mar. 2026, which is 9% above its 10-year median of 0.11. GuruFocus rates NSE:VIPIND with a GF Score™ of 73/100 and a GF Value™ of ₹401.53 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,017 Manufacturing - Apparel & Accessories companies, VIP Industries ranks worse than 72.27% on this metric.
VIP Industries has a Cash Ratio of 0.12. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for VIP Industries's Cash Ratio or its related term are showing as below:
NSE:VIPIND'
s Cash Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.11 Max: 0.56
Current: 0.12
During the past 13 years, VIP Industries's highest Cash Ratio was 0.56. The lowest was 0.02. And the median was 0.11.
NSE:VIPIND's Cash Ratio is ranked worse than 72.27% of 1017
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.36
vs NSE:VIPIND: 0.12
VIP Industries (NSE:VIPIND) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
VIP Industries Cash Ratio Related Terms
VIP Industries Cash Ratio Historical Data
* Premium members only.
The historical data trend for VIP Industries's Cash Ratio 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.
NSE:VIPIND vs NKE, DECK, ONON: Cash Ratio Comparison
For the Footwear & Accessories subindustry, VIP Industries's Cash Ratio, along with its competitors' market caps and Cash Ratio 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 Cash Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VIP Industries's Cash Ratio distribution charts can be found below:
* The bar in red indicates where VIP Industries's Cash Ratio falls into.
* 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) has a Cash Ratio of 0.12 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on VIP Industries and its competitors. This is near median its historical median of 0.11. Over the past decade, VIP Industries' Cash Ratio has ranged from 0.02 to 0.56. According to the industry distribution chart, VIP Industries ranks #735 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 72.3%.
Is VIP Industries' Cash Ratio too high?
VIP Industries' current Cash Ratio of 0.12 is near median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.56. The Manufacturing - Apparel & Accessories industry median Cash Ratio is 0.36. VIP Industries' value of 0.12 is 66.7% below this industry median. Based on the distribution chart, VIP Industries ranks #735 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, VIP Industries has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VIP Industries' Cash Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, VIP Industries ranks #735 out of 1017 companies for Cash Ratio. This places VIP Industries in the lower half of its industry. The industry median Cash Ratio is 0.36. VIP Industries' value of 0.12 is 66.7% below this benchmark. Historically, VIP Industries' own Cash Ratio has ranged from 0.02 to 0.56 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.36, VIP Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Manufacturing - Apparel & Accessories company?
The median Cash Ratio among Manufacturing - Apparel & Accessories companies is 0.36, based on 1,017 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VIP Industries's current Cash Ratio of 0.12 is 66.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on VIP Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cash Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIP Industries's current Cash Ratio is 0.12, which is near median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIP Industries stock overvalued right now?
Based on GuruFocus' analysis, VIP Industries (NSE:VIPIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹401.53, compared to a current price of ₹305.65 — trading 23.9% below its estimated fair value. The current Cash Ratio is 0.12, which is near median its 10-year median of 0.11 and 66.7% below the Manufacturing - Apparel & Accessories industry median of 0.36. VIP Industries' overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For VIP Industries (NSE:VIPIND), the current Cash Ratio is 0.12 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is VIP Industries (NSE:VIPIND) Overvalued in 2026?
Based on GuruFocus' analysis, VIP Industries stock appears to be undervalued.
The current stock price of ₹305.65 is trading 23.9% below its estimated GF Value™ of ₹401.53.
GuruFocus considers VIP Industries to be Modestly Undervalued.
Key valuation signals for NSE:VIPIND:
Cash Ratio: 0.12 (near median its 10-year median of 0.11)
GF Value™: ₹401.53 vs. price of ₹305.65 (23.9% below fair value)
Industry Position: 66.7% below the Manufacturing - Apparel & Accessories median (#735 of 1017)
No single metric tells the full story. See the NSE:VIPIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 others.
73GF Score
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