VIP Clothing (NSE:VIPCLOTHNG) Net Cash per Share: ₹-13.70 (As of Mar. 2026)


NSE:VIPCLOTHNG VIP Clothing Ltd NSE:VIPCLOTHNG
67 GF Score
Price ₹24.05
GF Value ₹45.30
Valuation Significantly Undervalued
! 4 Warning Signs
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What is VIP Clothing Net Cash per Share?

VIP Clothing NSE:VIPCLOTHNG +0.50% 67 Net Cash per Share is ₹-13.70 as of Mar. 2026. GuruFocus rates NSE:VIPCLOTHNG with a GF Score™ of 67/100 and a GF Value™ of ₹45.30 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 175 Manufacturing - Apparel & Accessories companies, VIP Clothing ranks worse than 571428% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). VIP Clothing's Net Cash per Share for the quarter that ended in Mar. 2026 was ₹-13.70.

The historical rank and industry rank for VIP Clothing's Net Cash per Share or its related term are showing as below:

NSE:VIPCLOTHNG's Price-to-Net-Cash is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 6.88
* Ranked among companies with meaningful Price-to-Net-Cash only.

VIP Clothing  (NSE:VIPCLOTHNG) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


VIP Clothing Net Cash per Share Related Terms


VIP Clothing Net Cash per Share Historical Data

* Premium members only.

The historical data trend for VIP Clothing's Net Cash per Share 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 Clothing Net Cash per Share Chart

VIP Clothing Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.72 -14.48 -15.49 -15.16 -13.70

VIP Clothing Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Cash per Share 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 -15.16 0.00 -13.97 0.00 -13.70

NSE:VIPCLOTHNG vs RL, LEVI, VFC: Net Cash per Share Comparison

For the Apparel Manufacturing subindustry, VIP Clothing's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Clothing Price-to-Net-Cash vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VIP Clothing's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where VIP Clothing's Price-to-Net-Cash falls into.


NSE:VIPCLOTHNG
67GF Score
VIP Clothing Ltd NSE:VIPCLOTHNG
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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VIP Clothing Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

VIP Clothing's Net Cash per Share for the fiscal year that ended in Mar. 2026 is calculated as

Net Cash per Share (A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(103.653-1338.83-0)/90.130
=-13.70

VIP Clothing's Net Cash per Share for the quarter that ended in Mar. 2026 is calculated as

Net Cash per Share (Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(103.653-1338.83-0)/90.130
=-13.70

* 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 Net Cash per Share →
What does a Net Cash per Share of ₹-13.70 mean?
VIP Clothing (NSE:VIPCLOTHNG) has a Net Cash per Share of ₹-13.70 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on VIP Clothing and its competitors. According to the industry distribution chart, VIP Clothing ranks #999999 out of 175 companies in the Manufacturing - Apparel & Accessories industry.
Is VIP Clothing's Net Cash per Share too high?
VIP Clothing's current Net Cash per Share is ₹-13.70. Based on the distribution chart, VIP Clothing ranks #999999 out of 175 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, VIP Clothing has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VIP Clothing's Net Cash per Share compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, VIP Clothing ranks #999999 out of 175 companies for Net Cash per Share. This places VIP Clothing in the lower half of its industry. The industry median Net Cash per Share is 6.88. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Manufacturing - Apparel & Accessories company?
The median Net Cash per Share among Manufacturing - Apparel & Accessories companies is 6.88, based on 175 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on VIP Clothing and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Cash per Share is 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIP Clothing's current Net Cash per Share is ₹-13.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIP Clothing stock overvalued right now?
Based on GuruFocus' analysis, VIP Clothing (NSE:VIPCLOTHNG) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹45.30, compared to a current price of ₹24.05 — trading 46.9% below its estimated fair value. The current Net Cash per Share is ₹-13.70. VIP Clothing's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For VIP Clothing (NSE:VIPCLOTHNG), the current Net Cash per Share is ₹-13.70 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 Clothing (NSE:VIPCLOTHNG) Overvalued in 2026?

Based on GuruFocus' analysis, VIP Clothing stock appears to be undervalued. The current stock price of ₹24.05 is trading 46.9% below its estimated GF Value™ of ₹45.30. GuruFocus considers VIP Clothing to be Significantly Undervalued.

Key valuation signals for NSE:VIPCLOTHNG:

  • Net Cash per Share: ₹-13.70
  • GF Value™: ₹45.30 vs. price of ₹24.05 (46.9% below fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the NSE:VIPCLOTHNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VIP Clothing Business Description

Other Exchanges 532613:India
Address C-6, Road No. 22, MIDC, Andheri (East), Mumbai, MH, IND, 400 093
VIP Clothing Ltd is an Indian company which is active in manufacturing innerwear and socks under the brand VIP Inners, Frenchie, Frenchie X, VIP Leader, and VIP Feelings and all of their sub-brands for men and women. The company has one operating segment, namely Hosiery and others. Geographically the company generates the majority of their revenue within India.
67GF Score

Get the complete analysis for NSE:VIPCLOTHNG

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹24.05
Price
₹45.30
GF Value