StockWatch
·

VIP Clothing Ltd

BSE: 532613

P/L Snapshot

Q1 FY27 · standalone

vs Q4 FY26·vs Q1 FY26
Revenue
64.85
-9.6%-1.1%
Expenditure
62.22
-7.5%-0.2%
Net Profit
1.91
-56.8%-13.9%
OPM %
7.84%
-1.70pp-1.70pp

Shareholding

Pattern breakdown

P/L Trends

(in crores)

RevenueExpenditureNet Profit
0.0020.0840.1760.2580.34Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Price Chart
Reports

VIP Clothing Q1 FY27: standalone PAT falls 14% YoY to ₹1.91 Cr as margins compress on flat revenue

hosiery · margin compression · flat revenue

ResultsQ1 FY2713 Aug 20263 minConsumer & Retail
Latest
Board Meeting13 Aug, 6:32 pm

VIP Clothing Q1 FY27: standalone PAT falls 14% YoY to ₹1.91 Cr as margins compress on flat revenue

VIP Clothing's standalone revenue was effectively flat year-on-year at ₹64.69 Cr (-1.2% YoY) against ₹65.45 Cr in Q1 FY26, while PAT declined 13.9% YoY to ₹1.91 Cr from ₹2.22 Cr. Sequentially the drop looks sharper - revenue down 9.6% and PAT down 56.7% from Q4 FY26's ₹71.54 Cr revenue and ₹4.42 Cr PAT - but Q4 is typically the stronger seasonal quarter for the hosiery business, so the QoQ fall is a seasonality artifact rather than a fresh deterioration; the YoY comparison is the one that matters and it shows a genuine, if modest, decline. Margin compression is the core story: net profit margin fell to 2.95% from 3.39% a year ago, and operating margin (EBITDA/revenue) compressed to roughly 7.8% from 9.5% both YoY and versus Q4 FY26. Total expenses were nearly flat YoY (₹62.22 Cr vs ₹62.33 Cr) but the mix shifted unfavourably - cost of materials consumed jumped to ₹14.71 Cr from ₹9.12 Cr and purchases of stock-in-trade rose to ₹31.73 Cr from ₹26.51 Cr, a combined input-cost increase that outpaced flat revenue - even as employee costs (₹4.42 Cr vs ₹5.22 Cr), finance costs (₹1.87 Cr vs ₹2.45 Cr) and knitting/processing charges (₹3.53 Cr vs ₹4.05 Cr) all eased and partly offset the squeeze. There is no analyst street coverage or brokerage preview on record for VIP Clothing specifically to benchmark this print against, and the company has issued no formal prior guidance or outlook, so vsGuidance and vsStreet are both unknown here. Management's filing this quarter carried no separate press release or commentary beyond the standard board-outcome intimation, so there is no company framing to reconcile against the numbers. Alongside the results, the Board approved a fresh preferential warrant issue of up to 2.12 Cr warrants at ₹22.50 each (up to ₹47.70 Cr), pending NSE/BSE in-principle approval - a capital-raising move that sits separately from the operating print but is relevant context, particularly since an earlier FY25 tranche of 1.23 Cr warrants lapsed after holders failed to pay the balance 75% subscription.

13 Aug 2026, 06:32 pm

Corporate Events

Board MeetingVIPCLOTHNG
2026
28Sep

Board Meeting

The 36th Annual General Meeting ("AGM") of the Company along…

BSE Filing
Board MeetingVIPCLOTHNG
2026
13Aug

Board Meeting

The meeting of the Board of Directors of the Company is sche…

BSE Filing
Board MeetingVIPCLOTHNG
2026
11Jun

Board Meeting

The Extraordinary General Meeting (EGM) is scheduled to be h…

BSE Filing
Board MeetingVIPCLOTHNG
2026
27May

Board Meeting

The board meeting is scheduled to consider and approve the a…

BSE Filing
Board MeetingVIPCLOTHNG
2026
12Feb

Board Meeting

Intimation of Board meeting, Consider and approve Un-audited…

BSE Filing
Board MeetingVIPCLOTHNG
2024
8Nov

Board Meeting

Consider, approve and take on record, the Un-Audited financi…

BSE Filing
Board MeetingVIPCLOTHNG
2024
14Aug

Board Meeting

Consider and approve Pursuant to Regulation 29 of SEBI, Un-a…

BSE Filing
Board MeetingVIPCLOTHNG
2024
12Jul

Board Meeting

Consider and approve raising of capital

BSE Filing
Board MeetingVIPCLOTHNG
2024
24May

Board Meeting

consider and approve Board Meeting Intimation for considerin…

BSE Filing
Board MeetingVIPCLOTHNG
2024
13Feb

Board Meeting

Consider and approve Unaudited Financial Results for the qua…

BSE Filing
Board MeetingVIPCLOTHNG
2023
9Nov

Board Meeting

Consider and approve Un-audited Financial Results of the Com…

BSE Filing
Board MeetingVIPCLOTHNG
2023
10Aug

Board Meeting

Consider, approve and take on record the Un-audited financia…

BSE Filing