VIP Industries (NSE:VIPIND) Scaled Net Operating Assets: N/A (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 Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

VIP Industries's operating assets for the quarter that ended in Mar. 2026 was ₹14,774 Mil. VIP Industries's operating liabilities for the quarter that ended in Mar. 2026 was ₹5,770 Mil. VIP Industries's Total Assets for the quarter that ended in Dec. 2025 was ₹0 Mil. Therefore, VIP Industries's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was N/A.

VIP Industries Scaled Net Operating Assets Historical Data

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The historical data trend for VIP Industries's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

VIP Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.76 1.06 0.64 0.49

VIP Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.00 0.00 0.00 0.00 0.00

NSE:VIPIND vs NKE, DECK, ONON: Scaled Net Operating Assets Comparison

For the Footwear & Accessories subindustry, VIP Industries's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VIP Industries's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where VIP Industries's Scaled Net Operating Assets falls into.


NSE:VIPIND
70GF Score
VIP Industries Ltd NSE:VIPIND
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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VIP Industries Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

VIP Industries's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(14774.1-5769.5)/18563.7
=0.49

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16042.2 - 1268.1
=14774.1

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13147.2 - 2639.4 - 4738.3
=5769.5

VIP Industries's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(14774.1-5769.5)/0
=N/A

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16042.2 - 1268.1
=14774.1

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13147.2 - 2639.4 - 4738.3
=5769.5

* 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.

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:

  • Scaled Net Operating Assets: N/A
  • 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

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹312.45
Price
₹400.96
GF Value