VIP Industries (NSE:VIPIND) Pre-Tax Income: ₹-3,380 Mil (TTM As of Mar. 2026)


NSE:VIPIND VIP Industries Ltd NSE:VIPIND
77 GF Score
Price ₹303.00
GF Value ₹402.80
Valuation Modestly Undervalued
! 7 Warning Signs
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What is VIP Industries Pre-Tax Income?

VIP Industries NSE:VIPIND -0.05% 77 Pre-Tax Income is ₹-3,380 Mil as of Mar. 2026. GuruFocus rates NSE:VIPIND with a GF Score™ of 77/100 and a GF Value™ of ₹402.80 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. VIP Industries's pretax income for the three months ended in Mar. 2026 was ₹-1,288 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-3,380 Mil. VIP Industries's pretax margin was -29.53%.

During the past 13 years, VIP Industries's highest Pretax Margin was 13.46%. The lowest was -20.19%. And the median was 7.69%.


VIP Industries  (NSE:VIPIND) Pre-Tax Income Explanation

VIP Industries's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=-1288/4362.3
=-29.53%

During the past 13 years, VIP Industries's highest Pretax Margin was 13.46%. The lowest was -20.19%. And the median was 7.69%.

* 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 Pre-Tax Income Related Terms


VIP Industries Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for VIP Industries's Pre-Tax Income 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 Pre-Tax Income Chart

VIP Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 861.60 1,965.30 765.80 -912.20 -3,380.20

VIP Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pre-Tax Income 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 -326.30 -170.50 -1,419.30 -502.40 -1,288.00

NSE:VIPIND vs NKE, DECK, ONON: Pre-Tax Income Comparison

For the Footwear & Accessories subindustry, VIP Industries's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where VIP Industries's Pre-Tax Income falls into.


NSE:VIPIND
77GF Score
VIP Industries Ltd NSE:VIPIND
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VIP Industries Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

VIP Industries's Pretax Income for the fiscal year that ended in Mar. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-3682.2+0+-703.4+0+1005.4
=-3,380

VIP Industries's Pretax Income for the quarter that ended in Mar. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-1129.3+0+-201.2+0+42.5
=-1,288

Pre-Tax Income 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 ₹-3,380 Mil.

* 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 Pre-Tax Income →
What does a Pre-Tax Income of ₹-3,380 Mil mean?
VIP Industries (NSE:VIPIND) has a Pre-Tax Income of ₹-3,380 Mil as of Mar. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on VIP Industries and its competitors.
Is VIP Industries' Pre-Tax Income too high?
VIP Industries' current Pre-Tax Income is ₹-3,380 Mil. Overall, VIP Industries has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VIP Industries' Pre-Tax Income compare to NKE and DECK?
VIP Industries' Pre-Tax Income of ₹-3,380 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 Pre-Tax Income for a Manufacturing - Apparel & Accessories company?
A good Pre-Tax Income depends on the Manufacturing - Apparel & Accessories industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on VIP Industries and its competitors. VIP Industries's current Pre-Tax Income is ₹-3,380 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 ₹402.80, compared to a current price of ₹303.00 — trading 24.8% below its estimated fair value. The current Pre-Tax Income is ₹-3,380 Mil. VIP Industries' overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For VIP Industries (NSE:VIPIND), the current Pre-Tax Income is ₹-3,380 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 ₹303.00 is trading 24.8% below its estimated GF Value™ of ₹402.80. GuruFocus considers VIP Industries to be Modestly Undervalued.

Key valuation signals for NSE:VIPIND:

  • Pre-Tax Income: ₹-3,380 Mil
  • GF Value™: ₹402.80 vs. price of ₹303.00 (24.8% below fair value)
  • GF Score™: 77/100 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.
77GF Score

Get the complete analysis for NSE:VIPIND

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹303.00
Price
₹402.80
GF Value