VIP Industries (NSE:VIPIND) EPS without NRI: ₹-28.65 (TTM As of Mar. 2026)


NSE:VIPIND VIP Industries Ltd NSE:VIPIND
70 GF Score
Price ₹312.45
GF Value ₹400.96
Valuation Modestly Undervalued
! 7 Warning Signs
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What is VIP Industries EPS without NRI?

VIP Industries NSE:VIPIND +0.05% 70 EPS without NRI is ₹-28.65 as of Mar. 2026. GuruFocus rates NSE:VIPIND with a GF Score™ of 70/100 and a GF Value™ of ₹400.96 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 790 Manufacturing - Apparel & Accessories companies, VIP Industries ranks worse than 126582.15% on this metric.

VIP Industries's earnings per share without non-recurring items for the three months ended in Mar. 2026 was ₹-3.74. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-28.65.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for VIP Industries's EPS without NRI or its related term are showing as below:

During the past 13 years, VIP Industries's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 56.00% per year. The lowest was -23.60% per year. And the median was 17.05% per year.

NSE:VIPIND's 3-Year EPS without NRI Growth Rate is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 2.15
* Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.

VIP Industries's EPS (Diluted) for the three months ended in Mar. 2026 was ₹-3.72. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-24.80.

VIP Industries's EPS (Basic) for the three months ended in Mar. 2026 was ₹-3.72. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-24.80.


VIP Industries  (NSE:VIPIND) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


VIP Industries EPS without NRI Related Terms


VIP Industries EPS without NRI Historical Data

* Premium members only.

The historical data trend for VIP Industries's EPS without NRI 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.

VIP Industries EPS without NRI Chart

VIP Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.59 12.37 2.45 -5.26 -29.29

VIP Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EPS without NRI 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 -2.17 -1.02 -10.29 -13.59 -3.74

NSE:VIPIND vs NKE, DECK, ONON: EPS without NRI Comparison

For the Footwear & Accessories subindustry, VIP Industries's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VIP Industries's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where VIP Industries's PE Ratio without NRI falls into.


NSE:VIPIND
70GF Score
VIP Industries Ltd NSE:VIPIND
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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VIP Industries EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-28.65

* 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.

Frequently Asked Questions Learn more about EPS without NRI →
What does a EPS without NRI of ₹-28.65 mean?
VIP Industries (NSE:VIPIND) has a EPS without NRI of ₹-28.65 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on VIP Industries and its competitors. According to the industry distribution chart, VIP Industries ranks #999999 out of 790 companies in the Manufacturing - Apparel & Accessories industry.
Is VIP Industries' EPS without NRI too high?
VIP Industries' current EPS without NRI is ₹-28.65. Based on the distribution chart, VIP Industries ranks #999999 out of 790 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, VIP Industries has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VIP Industries' EPS without NRI compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, VIP Industries ranks #999999 out of 790 companies for EPS without NRI. This places VIP Industries in the lower half of its industry. The industry median EPS without NRI is 2.15. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Manufacturing - Apparel & Accessories company?
The median EPS without NRI among Manufacturing - Apparel & Accessories companies is 2.15, based on 790 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on VIP Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EPS without NRI is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIP Industries's current EPS without NRI is ₹-28.65. 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 ₹400.96, compared to a current price of ₹312.45 — trading 22.1% below its estimated fair value. The current EPS without NRI is ₹-28.65. VIP Industries' overall GF Score™ is 70/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For VIP Industries (NSE:VIPIND), the current EPS without NRI is ₹-28.65 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 ₹312.45 is trading 22.1% below its estimated GF Value™ of ₹400.96. GuruFocus considers VIP Industries to be Modestly Undervalued.

Key valuation signals for NSE:VIPIND:

  • EPS without NRI: ₹-28.65
  • GF Value™: ₹400.96 vs. price of ₹312.45 (22.1% below fair value)
  • GF Score™: 70/100 with 7 warning signs

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 Business Description

Other Exchanges 507880:India
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 others.
70GF Score

Get the complete analysis for NSE:VIPIND

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹312.45
Price
₹400.96
GF Value