V.I.P. Industries Limited manufactures and sells luggage, backpacks, and accessories in India. It provides hard luggage and soft luggage bags, including school bags, trolleys, backpacks, suitcases, executive cases, duffels, overnight travel solutions, and handbags. The company offers its products primarily under the VIP, Caprese, Carlton, Skybags, Alfa, and Aristocrat brands through multi-brand outlets, exclusive brand outlets, canteen stores department, and e-commerce platforms. It also exports its products. V.I.P. Industries Limited was incorporated in 1968 and is headquartered in Mumbai, India.
Revenue projections:
Revenue projections for VIPIND VIPIND is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
Financial Ratios:
currentRatio
1.11800
forwardPE
46.75003
debtToEquity
167.83900
earningsGrowth
0.00000
revenueGrowth
-0.25300
grossMargins
0.41639
operatingMargins
-0.34301
trailingEps
-13.79000
forwardEps
11.35000
V.I.P. Industries Limited's current ratio is 1.118, showing the company's capacity to service its short-term debt through its cash reserves and current assets. This is a positive indicator of liquidity, suggesting V.I.P. Industries Limited has no trouble covering its short-term financial obligations. V.I.P. Industries Limited's high debt-to-equity ratio indicates the company is using significant leverage, relying more on debt to finance its operations. This can lead to higher risk, especially if profitability falters or economic conditions worsen. With both earnings and revenue growth in low territory, VIPIND is likely to see shrinking profits. This signals a possible downturn in the company's financial health and may raise concerns about its future profitability.
Price projections:
Price projections for VIPIND Throughout its recent performance, VIPIND's price has been consistently close to the lower range of projected values. This suggests that the company may face challenges in achieving higher valuations in the eyes of investors.
Insider Transactions:
Insider Transactions for VIPIND
There were 3 VIPIND stock sales, with market price at 402.25.2 transactions to buy VIPIND shares were recorded, with market price at 398.8500061035156.There is no discernible trend in insider transactions, making it hard to determine whether these actions signal positive or negative developments within the company.
Recommendation changes over time:
Recommendations trend for VIPIND
With a recent sell bias for VIPIND from analysts, investors should be cautious and consider a variety of market indicators before making decisions. This broader perspective will provide more informed insights into the stock's overall outlook, rather than relying on one analysis alone.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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