VIP Industries's gross profit for the
three
months ended in Mar. 2026 was ₹1,625 Mil. VIP Industries's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was ₹6,734 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. VIP Industries's gross profit for the
three
months ended in Mar. 2026 was ₹1,625 Mil. VIP Industries's Revenue for the
three
months ended in Mar. 2026 was ₹4,362 Mil. Therefore, VIP Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 37.24%.
VIP Industries had a gross margin of 37.24% for the quarter that ended in Mar. 2026 => Competition eroding margins
During the past 13 years, the highestGross Margin % of VIP Industries was 51.33%. The lowest was 36.24%. And the median was 47.73%.
Warning Sign:
VIP Industries Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.3%.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
VIP Industries had a gross margin of 37.24% for the quarter that ended in Mar. 2026 => Competition eroding margins
VIP Industries Gross Profit Related Terms
VIP Industries Gross Profit Historical Data
* Premium members only.
The historical data trend for VIP Industries's Gross Profit 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: Gross Profit Comparison
For the Footwear & Accessories subindustry, VIP Industries's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VIP Industries's Gross Profit distribution charts can be found below:
* The bar in red indicates where VIP Industries's Gross Profit falls into.
Gross Profit 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 ₹6,734 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
VIP Industries (NSE:VIPIND) has a Gross Profit of ₹6,734 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on VIP Industries and its competitors.
Is VIP Industries' Gross Profit too high?
VIP Industries' current Gross Profit is ₹6,734 Mil. Overall, VIP Industries has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VIP Industries' Gross Profit compare to NKE and DECK?
VIP Industries' Gross Profit of ₹6,734 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Manufacturing - Apparel & Accessories company?
A good Gross Profit depends on the Manufacturing - Apparel & Accessories industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on VIP Industries and its competitors. VIP Industries's current Gross Profit is ₹6,734 Mil. 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 ₹401.88, compared to a current price of ₹308.35 — trading 23.3% below its estimated fair value. The current Gross Profit is ₹6,734 Mil. VIP Industries' overall GF Score™ is 72/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For VIP Industries (NSE:VIPIND), the current Gross Profit is ₹6,734 Mil 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 ₹308.35 is trading 23.3% below its estimated GF Value™ of ₹401.88.
GuruFocus considers VIP Industries to be Modestly Undervalued.
Key valuation signals for NSE:VIPIND:
Gross Profit: ₹6,734 Mil
GF Value™: ₹401.88 vs. price of ₹308.35 (23.3% below fair value)
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.
72GF Score
Get the complete analysis for NSE:VIPIND
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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