| Scrip Code | 507880 |
|---|---|
| NSE Symbol | VIPIND |
| MSEI Symbol | NOTLISTED |
| ISIN | INE054A01027 |
| Name of company | VIP Industries Limited |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 15-05-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 11-05-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Fourth quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Audited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Audited |
| Segment Reporting | Single segment |
| Description of single segment | Manufacturing of luggage and travel accessories |
| Start date and time of board meeting | 15-05-2026 13:58:00 |
| End date and time of board meeting | 15-05-2026 16:25:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Whether the company has any related party? | Yes |
| Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? | Yes |
| (I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public | NA |
| (II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. | NA |
| Whether the company is a high value debt listed entity according to regulation 15 (1A)? | No |
| (a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication? | |
| (b) If answer to above question is No, please explain the reason for not complying. | |
| Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? | Yes |
| Latest Date on which RPT policy is updated | 28-01-2025 |
| Indicate Company website link for updated RPT policy of the Company | https://vipindustries.co.in/storage/policies/February2025/Related%20Party%20Transaction%20Policy.pdf |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No |
| No. of times funds raised during the quarter | |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| Not applicable for the quarter and year ended March 31, 2026 | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 43,061.00 | 1,84,909.00 | |
| Other income | 579.00 | 2,996.00 | |
| Total income | 43,640.00 | 1,87,905.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 14,703.00 | 53,916.00 |
| (b) | Purchases of stock-in-trade | 13,798.00 | 56,503.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 2,160.00 | 17,433.00 |
| (d) | Employee benefit expense | 3,679.00 | 15,111.00 |
| (e) | Finance costs | 1,941.00 | 6,713.00 |
| (f) | Depreciation, depletion and amortisation expense | 2,802.00 | 11,657.00 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 18,528.00 | 67,131.00 |
| Total other expenses | 18,528.00 | 67,131.00 | |
| Total expenses | 57,611.00 | 2,28,464.00 | |
| 3 | Total profit before exceptional items and tax | (13,971.00) | (40,559.00) |
| 4 | Exceptional items | 53.00 | 6,303.00 |
| 5 | Total profit before tax | (13,918.00) | (34,256.00) |
| 6 | Tax expense | ||
| 7 | Current tax | 0.00 | 0.00 |
| 8 | Deferred tax | 315.00 | 32.00 |
| 9 | Total tax expenses | 315.00 | 32.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | (14,233.00) | (34,288.00) |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | (14,233.00) | (34,288.00) |
| 17 | Other comprehensive income net of taxes | (213.00) | (187.00) |
| 18 | Total Comprehensive Income for the period | (14,446.00) | (34,475.00) |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 2,841.00 | 2,841.00 | |
| Face value of equity share capital | 2 | 2 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | 18,031.00 | |
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | -10.02 | -24.14 | |
| Diluted earnings (loss) per share from continuing operations | -10.02 | -24.13 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | -10.02 | -24.14 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | -10.02 | -24.13 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1 The results for the Quarter and Year ended March 31, 2026 were reviewed and recommended by the Audit Committee and approved by the Board of Directors in their meetings held on May 15, 2026. The above results for the year ended March 31, 2026 have been audited by the Statutory Auditors of the Company in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. 2 This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 Ind AS, prescribed under section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. 3 The Company's business segment consists of a single segment of Manufacturing and marketing of luggage and bags as per Indian Accounting Standard (Ind AS-108) Operating segment requirement. 4 The consolidated financial results for the Quarter and Year ended March 31, 2026, include the results of its subsidiary companies viz; VIP Industries Bangladesh Private Limited, VIP Industries BD Manufacturing Private Limited, VIP Luggage BD Private Limited, VIP Accessories BD Private Limited and Blow Plast Retail Limited. 5 Certain entities forming part of the promoter group ('the Sellers') of the Company have entered into an agreement with Multiples Private Equity Fund and other parties ('the Purchasers') for the sale of up to 4,54,46,305 equity shares held by the Sellers in the Company constituting approximately 32% of the total paid up share capital of the Company. The Company received the approval granted by the Competition Commission of India vide its letter dated August 26, 2025 and an intimation has been filed with the stock exchanges on August 26,2025. In this regard, the Shareholder's Agreement (SHA) has become effective from September 23, 2025 and the Multiples group has acquired 'Control' and have been classified as 'Promoters' of the Company. An intimation in this regard has been filed with the stock exchanges on September 23, 2025. Pursuant to share purchase agreement dated July 13, 2025, transfer of shares through open market acquisitions was completed during the year. 6 Exceptional item disclosed above includes the following : Sr No Particulars Standalone Qtr Mar 31 2026 Standalone Qtr Dec 31 2025 Standalone Year Mar 31 2026 Consolidated Qtr Mar 31 2026 Consolidated Qtr Dec 31 2025 Consolidated Qtr Mar 31 2025 Consolidated Year Mar 31 2026 Consolidated Year Mar 31 2025 1 Gain towards sale of non-core assets (Refer note 10) - 63.53 63.53 - 63.53 - 63.53 - 2 Receipt of the insurance claim from the Insurance Company relating to loss of property, plant and equipment and inventories that were destroyed due to a fire at the Company’s regional warehouse at Guwahati on May 17, 2025 0.53 4.04 4.57 0.53 4.04 - 4.57 - 3 Partial receipt of the insurance claim from the Insurance Company relating to loss of property, plant and equipment and inventories that were destroyed due to a major fire at a plant of the Company’s subsidiary (VIP Industries Bangladesh Private Limited) located in Bangladesh, on January 31, 2023 - - - - 3.67 4.25 15.15 7.83 4 Impact for loss of property, plant and equipment and inventories that were destroyed due to a fire at the Company’s regional warehouse at Guwahati on May 17, 2025 - - (5.07) - - - (5.07) - Total 0.53 67.57 63.03 0.53 71.24 4.25 78.18 7.83 7 The Nomination and Remuneration Committee of the Board of Directors of the Company at its various meetings held during the year, approved to grant new stock appreciation rights to eligible employees of the Company, in accordance with the terms and conditions of the VIP Employees Stock Appreciation Rights plan 2018 named 'ESARP 2018' as approved by the shareholders of the Company on July 17, 2018. Accordingly, during the year ended March 31, 2026, the Company has granted 7,20,000 stock appreciation rights to eligible employees resulting in a net expense of Rs. 2.23 Crores during the year ended March 31, 2026. Further, 88,000 and 3,53,000 ESAR's have been lapsed/forfeited during the quarter and year ended March 31, 2026 respectively. During the quarter and year ended March 31, 2026, the eligible employees of the Company exercised 4,000 and 1,78,900 stock appreciation rights respectively, in accordance with the terms and conditions of the VIP Employees Stock Appreciation Rights plan 2018. Consequently the Company has issued 412 fully paid up equity shares of Rs 2 each of the company during the quarter ended March 31, 2026 and a cumulative of 32,142 fully paid up equity shares of Rs 2 each of the Company during the year ended March 31, 2026, to the eligible employees, as approved by the Allotment Committee of the Board of Directors of the Company. Accordingly the company has transferred Rs. 4.75 Crores to the Securities Premium during the year ended March 31, 2026. 8 The Company was involved in an ongoing litigation regarding the use of a trademark. The Division Bench of Hon’ble Delhi High Court vide order dated July 1, 2025, has dismissed the appeal filed by the Company against the interim order granting injunction in favour of the Company dated July 17, 2023. The Company had filed a special leave petition before the Hon’ble Supreme Court of India against the order of the Division Bench of Hon’ble Delhi High Court. The Hon’ble Supreme Court of India vide its order dated August 01, 2025 disposed off the special leave petition allowing the Company six months to sell the existing stock subject to conditions mentioned therein. The Hon’ble Supreme Court of India vide its order dated January 23, 2026 has granted a further extension of four months to continue selling the Carlton luggage. The aforesaid matter remains sub-judice and based on legal opinion the management has assessed that the Company has strong merit in respect of the aforesaid matter. 9 A commercial Suit is filed against the Company at Bombay City Civil Court, by a Company based in China in respect of commercial dispute for recovery of amount of Rs. 6.41 crores towards supply of material to the Company not acknowledged as debts. The Company is defending the matter and has obtained an independent legal opinion and accordingly no provision for any liability has been made in the financial results. 10 The Company had identified certain assets of the Company currently being classified as Property Plant and Equipment and Investment Properties, as non-core assets of the Company. Pursuant to the applicable provisions of the Companies Act 2013 and the related applicable Rules, the Board at its meeting held on September 16, 2025 and December 29, 2025 have approved the transaction for the sale of the above mentioned assets to the identified entities at an arm’s length basis and in accordance with the price arrived as per the valuation report. The Company has completed the said sale transaction for part of the non-core assets during the quarter ended December 31, 2025. The gain on the sale of assets is as per note 6 above. The remaining of the non-core assets have been classified as 'Current Assets held for Sale' and have accordingly been disclosed separately at carrying value at cost in the statement of Assets and Liabilities, pursuant to provisions of the Ind AS 105 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 11 The standalone results include a provision towards inventories amounting to Rs. 93.74 Crores accrued during the year ended March 31, 2026 (March 31, 2025 : Rs. 4.28 Crores). Further, the consolidated results include a provision towards inventories amounting to Rs. 122.66 Crores accrued during the year ended March 31, 2026 (March 31, 2025 : Rs. 7.53 Crores). 12 The Company has restricted the recongnition of Deferred Tax Assets in the standalone financial statements considering the recent changes in the shareholding and management and review of business plans (please refer note 5 above). 13 The Government of India has consolidated multiple existing labour legislations into a unified framework comprising four Labour Codes collectively referred to as the 'New Labour Codes' notified on November 21, 2025. The Company has assessed the impact of these changes and based on actuarial valuation has recognised an estimated additional provision of Rs. 3.63 Crores towards gratuity and long-term compensated absenses in the results under 'Employees Benefits Expenses'. 14 There was a proceeding of investigation/search initiated in respect of the Goods and Service Tax (GST) registration of the Company for Maharashtra state under section 67 of the Maharashtra Goods & Service Tax Act, 2017 and the Central Goods & Service Tax Act, 2017 during the year. The Company has paid a GST amounting to Rs. 14.11 Crores, comprising of tax of Rs. 8.63 Crores which is available as Input tax credit and Interest of Rs. 4.78 Crores which along with certain other ineligible tax credit totaling to Rs. 5.48 Crores has been expensed off. There is no material adverse impact on the financial position of the Company. 15 The figures of the quarters ended March 31, 2026 and March 31, 2025 are balancing figures between the audited figures in respect of the full financial year ended on March 31, 2026 and March 31, 2025 and the unaudited published year to date figures upto third quarters ended on December 31, 2025 and December 31, 2024 respectively, which were subjected to Limited review by the Statutory Auditors. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | Year ended (dd-mm-yyyy) | |
|---|---|---|
| Date of start of reporting period | 01-04-2025 | |
| Date of end of reporting period | 31-03-2026 | |
| Whether results are audited or unaudited | Audited | |
| Nature of report standalone or consolidated | Standalone | |
| Assets | ||
| 1 | Non-current assets | |
| Property, plant and equipment | 16,642.00 | |
| Capital work-in-progress | 318.00 | |
| Investment property | 461.00 | |
| Goodwill | 0.00 | |
| Other intangible assets | 28,799.00 | |
| Intangible assets under development | 0.00 | |
| Biological assets other than bearer plants | 0.00 | |
| Investments accounted for using equity method | 652.00 | |
| Non-current financial assets | ||
| Non-current investments | 3,598.00 | |
| Trade receivables, non-current | 0.00 | |
| Loans, non-current | 0.00 | |
| Other non-current financial assets | ||
| 1 | Other financial assets | 2,425.00 |
| Total of other non-current financial assets | 2,425.00 | |
| Total non-current financial assets | 6,023.00 | |
| Deferred tax assets (net) | 5,535.00 | |
| Other non-current assets | ||
| 1 | Other non-current assets | 221.00 |
| Total of other non-current assets | 221.00 | |
| Total non-current assets | 58,651.00 | |
| 2 | Current assets | |
| Inventories | 35,513.00 | |
| Current financial asset | ||
| Current investments | 7,041.00 | |
| Trade receivables, current | 26,568.00 | |
| Cash and cash equivalents | 2,382.00 | |
| Bank balance other than cash and cash equivalents | 173.00 | |
| Loans, current | 0.00 | |
| Other current financial assets | ||
| Total of other current financial assets | 9,132.00 | |
| Total current financial assets | 45,296.00 | |
| Current tax assets (net) | 1,852.00 | |
| Other current assets | ||
| Total of other current assets | ||
| Total current assets | 82,661.00 | |
| 3 | Non-current assets classified as held for sale | 223.00 |
| 4 | Regulatory deferral account debit balances and related deferred tax Assets | 0.00 |
| Total assets | 1,41,535.00 | |
| Equity and liabilities | ||
| 1 | Equity | |
| Equity attributable to owners of parent | ||
| Equity share capital | 2,841.00 | |
| Other equity | 18,031.00 | |
| Total equity attributable to owners of parent | 20,872.00 | |
| Non controlling interest | ||
| Total equity | 20,872.00 | |
| 2 | Liabilities | |
| Non-current liabilities | ||
| Non-current financial liabilities | ||
| Borrowings, non-current | 0.00 | |
| Trade payables, non-current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 0.00 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 0.00 | |
| Total Trade payable | 0.00 | |
| Other non-current financial liabilities | ||
| 1 | Lease liabilities | 25,683.00 |
| 2 | Other financial liabilities | 81.00 |
| Total of other non-current financial liabilities | 25,764.00 | |
| Total non-current financial liabilities | 25,764.00 | |
| Provisions, non-current | 1,740.00 | |
| Deferred tax liabilities (net) | 0.00 | |
| Deferred government grants, Non-current | 0.00 | |
| Other non-current liabilities | ||
| 1 | Other non-current liabilities | 5.00 |
| Total of other non-current liabilities | 5.00 | |
| Total non-current liabilities | 27,509.00 | |
| Current liabilities | ||
| Current financial liabilities | ||
| Borrowings, current | 38,261.00 | |
| Trade payables, current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 5,024.00 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 34,185.00 | |
| Total Trade payable | 39,209.00 | |
| Other current financial liabilities | ||
| 1 | Lease liabilities | 6,105.00 |
| 2 | Other financial liabilities | 1,363.00 |
| Total of other current financial liabilities | 7,468.00 | |
| Total current financial liabilities | 84,938.00 | |
| Other current liabilities | 7,367.00 | |
| 1 | Other current liabilities | 7,367.00 |
| Total of other current liabilities | 7,367.00 | |
| Provisions, current | 849.00 | |
| Current tax liabilities (Net) | 0.00 | |
| Deferred government grants, Current | 0.00 | |
| Total current liabilities | 93,154.00 | |
| 3 | Liabilities directly associated with assets in disposal group classified as held for sale | |
| 4 | Regulatory deferral account credit balances and related deferred tax liability | |
| Total liabilities | 1,20,663.00 | |
| Total equity and liabilites | 1,41,535.00 | |
| Disclosure of notes on assets and liabilities | ||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-01-2026 | 01-04-2025 | |||||
| Date of end of reporting period | 31-03-2026 | 31-03-2026 | |||||
| Whether results are audited or unaudited | Audited | Audited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | null | null | |||||
| Net Segment Asset | null | null | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | null | null | |||||
| Net Segment Liabilities | null | null | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Amount of items that will not be reclassified to profit and loss | (259.00) | (214.00) |
| Total Amount of items that will not be reclassified to profit and loss | (259.00) | (214.00) | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | (46.00) | (27.00) |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | ||
| 5 | Total Other comprehensive income | (213.00) | (187.00) |
| Particulars | Year ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|
| A | Date of start of reporting period | 01-04-2025 | ||||
| B | Date of end of reporting period | 31-03-2026 | ||||
| C | Whether results are audited or unaudited | Audited | ||||
| D | Nature of report standalone or consolidated | Standalone | ||||
| Statement of cash flows | ||||||
| Cash flows from used in operating activities | ||||||
| Profit before tax | (34,256.00) | |||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | 6,713.00 | |||||
| Adjustments for decrease (increase) in inventories | 21,999.00 | |||||
| Adjustments for decrease (increase) in trade receivables, current | 9,247.00 | |||||
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |||||
| Adjustments for decrease (increase) in other current assets | 336.00 | |||||
| Adjustments for decrease (increase) in other non-current assets | 0.00 | |||||
| Adjustments for other financial assets, non-current | 0.00 | |||||
| Adjustments for other financial assets, current | 0.00 | |||||
| Adjustments for other bank balances | 0.00 | |||||
| Adjustments for increase (decrease) in trade payables, current | 255.00 | |||||
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |||||
| Adjustments for increase (decrease) in other current liabilities | (34.00) | |||||
| Adjustments for increase (decrease) in other non-current liabilities | 0.00 | |||||
| Adjustments for depreciation and amortisation expense | 11,657.00 | |||||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |||||
| Adjustments for provisions, current | 397.00 | |||||
| Adjustments for provisions, non-current | 0.00 | |||||
| Adjustments for other financial liabilities, current | 0.00 | |||||
| Adjustments for other financial liabilities, non-current | 0.00 | |||||
| Adjustments for unrealised foreign exchange losses gains | 406.00 | |||||
| Adjustments for dividend income | 0.00 | |||||
| Adjustments for interest income | 0.00 | |||||
| Adjustments for share-based payments | 378.00 | |||||
| Adjustments for fair value losses (gains) | (428.00) | |||||
| Adjustments for undistributed profits of associates | 0.00 | |||||
| Other adjustments for which cash effects are investing or financing cash flow | (7,673.00) | |||||
| Other adjustments to reconcile profit (loss) | 0.00 | |||||
| Other adjustments for non-cash items | 1,078.00 | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Total adjustments for reconcile profit (loss) | 44,331.00 | |||||
| Net cash flows from (used in) operations | 10,075.00 | |||||
| Dividends received | (536.00) | |||||
| Interest paid | 0.00 | |||||
| Interest received | (22.00) | |||||
| Income taxes paid (refund) | (191.00) | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) operating activities | 9,708.00 | |||||
| Cash flows from used in investing activities | ||||||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |||||
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |||||
| Other cash receipts from sales of equity or debt instruments of other entities | 0.00 | |||||
| Other cash payments to acquire equity or debt instruments of other entities | 0.00 | |||||
| Other cash receipts from sales of interests in joint ventures | 0.00 | |||||
| Other cash payments to acquire interests in joint ventures | 0.00 | |||||
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Proceeds from sales of property, plant and equipment | 7,165.00 | |||||
| Purchase of property, plant and equipment | 4,571.00 | |||||
| Proceeds from sales of investment property | 0.00 | |||||
| Purchase of investment property | 0.00 | |||||
| Proceeds from sales of intangible assets | 0.00 | |||||
| Purchase of intangible assets | 0.00 | |||||
| Proceeds from sales of intangible assets under development | 0.00 | |||||
| Purchase of intangible assets under development | 0.00 | |||||
| Proceeds from sales of goodwill | 0.00 | |||||
| Purchase of goodwill | 0.00 | |||||
| Proceeds from biological assets other than bearer plants | 0.00 | |||||
| Purchase of biological assets other than bearer plants | 0.00 | |||||
| Proceeds from government grants | 0.00 | |||||
| Proceeds from sales of other long-term assets | 0.00 | |||||
| Purchase of other long-term assets | 0.00 | |||||
| Cash advances and loans made to other parties | 0.00 | |||||
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |||||
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Dividends received | 536.00 | |||||
| Interest received | 21.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | (5,627.00) | |||||
| Net cash flows from (used in) investing activities | (2,476.00) | |||||
| Cash flows from used in financing activities | ||||||
| Proceeds from changes in ownership interests in subsidiaries | 0.00 | |||||
| Payments from changes in ownership interests in subsidiaries | 0.00 | |||||
| Proceeds from issuing shares | 1.00 | |||||
| Proceeds from issuing other equity instruments | 0.00 | |||||
| Payments to acquire or redeem entity's shares | 0.00 | |||||
| Payments of other equity instruments | 0.00 | |||||
| Proceeds from exercise of stock options | 0.00 | |||||
| Proceeds from issuing debentures notes bonds etc | 0.00 | |||||
| Proceeds from borrowings | 5,372.00 | |||||
| Repayments of borrowings | 0.00 | |||||
| Payments of lease liabilities | 8,897.00 | |||||
| Dividends paid | 46.00 | |||||
| Interest paid | 4,042.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) financing activities | (7,612.00) | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (380.00) | |||||
| Effect of exchange rate changes on cash and cash equivalents | ||||||
| Effect of exchange rate changes on cash and cash equivalents | 0.00 | |||||
| Net increase (decrease) in cash and cash equivalents | (380.00) | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 2,762.00 | |||||
| Cash and cash equivalents cash flow statement at end of period | 2,382.00 | |||||
| Whether results are audited or unaudited | Audited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | M/s Price Waterhouse Chartered Accountants LLP | Yes | 30-11-2026 | ||
|---|---|---|---|---|---|
Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter) |
| Sr No. | Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken. | ||||||||||||||||||||||||
| Details of the party (listed entity/subsidiary) entering into the transaction | Details of the counterparty | Type of related party transaction | Details of other related party transaction | Value of the related party transaction as approved by the audit committee | Remarks on approval by audit committee | Value of the related party transaction ratified by the audit committee | Date of Audit Committee Meeting where the ratification was approved | Value of transaction during the reporting period | In case monies are due to either party as a result of the transaction | In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments | Details of the loans, inter-corporate deposits, advances or investments | Notes | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | PAN | Name | PAN | Relationship of the counterparty with the listed entity or its subsidiary | Opening balance | Closing balance | Nature of indebtedness (loan/ issuance of debt/ any other etc.) | Details of other indebtedness | Cost | Tenure | Nature (loan/ advance/ intercorporate deposit/ investment ) | Interest Rate (%) | Tenure | Secured/ unsecured | Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage) | ||||||||||
| 1 | V.I.P. INDUSTRIES LIMITED | KEMP AND CO LTD | Promoter Company | Sale of goods or services | None | 25.00 | 36.00 | 34.00 | |||||||||||||||||
| 2 | V.I.P. INDUSTRIES LIMITED | ZENEX ANIMAL HEALTH INDIA PRIVATE LIMITED | Interested Director | Sale of goods or services | None | 20.00 | 0.00 | 24.00 | |||||||||||||||||
| 3 | V.I.P. INDUSTRIES LIMITED | KEMP AND CO LTD | Promoter Company | Sale of fixed assets | None | 4,071.00 | 0.00 | 0.00 | |||||||||||||||||
| 4 | V.I.P. INDUSTRIES LIMITED | DGP REALTY NASHIK PRIVATE LIMITED | Promoter Company | Sale of fixed assets | None | 2,428.00 | 0.00 | 0.00 | |||||||||||||||||
| 5 | V.I.P. INDUSTRIES LIMITED | DGP REALTY NAGPUR PRIVATE LIMITED | Promoter Company | Any other transaction | Advance received against Sale of Fixed Asset | None | 500.00 | 0.00 | 500.00 | ||||||||||||||||
| 6 | V.I.P. INDUSTRIES LIMITED | VIP Industries Bangladesh Private Limited | Wholly-owned Subsidiary | Dividend received | None | 96.00 | 0.00 | 0.00 | |||||||||||||||||
| 7 | V.I.P. INDUSTRIES LIMITED | VIP Industries BD Manufacturing Private Limited | Wholly-owned Subsidiary | Dividend received | None | 93.00 | 0.00 | 0.00 | |||||||||||||||||
| 8 | V.I.P. INDUSTRIES LIMITED | VIP Luggage BD Pvt Ltd | Wholly-owned Subsidiary | Dividend received | None | 328.00 | 0.00 | 0.00 | |||||||||||||||||
| 9 | V.I.P. INDUSTRIES LIMITED | VIP Accessories BD Private Limited | Wholly-owned Subsidiary | Dividend received | None | 20.00 | 0.00 | 0.00 | |||||||||||||||||
| 10 | V.I.P. INDUSTRIES LIMITED | VIP Industries BD Manufacturing Private Limited | Wholly-owned Subsidiary | Purchase of goods or services | None | 6,854.00 | 2,569.00 | 4,630.00 | |||||||||||||||||
| 11 | V.I.P. INDUSTRIES LIMITED | VIP Luggage BD Private Limited | Wholly-owned Subsidiary | Purchase of goods or services | None | 9,054.00 | 3,464.00 | 3,380.00 | |||||||||||||||||
| 12 | V.I.P. INDUSTRIES LIMITED | Vibhuti Investments Company Ltd | Promoter Company | Any other transaction | Rent Paid | None | 214.00 | 0.00 | 0.00 | ||||||||||||||||
| 13 | V.I.P. INDUSTRIES LIMITED | VIP Luggage BD Private Limited | Wholly-owned Subsidiary | Any other transaction | Guarantee Commission | None | 34.00 | 77.00 | 57.00 | ||||||||||||||||
| 14 | V.I.P. INDUSTRIES LIMITED | VIP Accessories BD Private Limited | Wholly-owned Subsidiary | Any other transaction | Guarantee Commission | None | 0.00 | 2.00 | 0.00 | ||||||||||||||||
| 15 | V.I.P. INDUSTRIES LIMITED | VIP Industries Bangladesh Private Limited | Wholly-owned Subsidiary | Any other transaction | Redemption of Preference Share | None | 1,374.00 | 0.00 | 0.00 | ||||||||||||||||
| 16 | V.I.P. INDUSTRIES LIMITED | VIP Industries Limited Employees Gratuity Fund Trust | Employees Gratuity Fund | Any other transaction | Approved Employees Gratuity Fund Trust | None | (3.00) | 0.00 | 0.00 | ||||||||||||||||
| 17 | V.I.P. INDUSTRIES LIMITED | VIP Industries Limited Employees Provident Fund Trust (includes employees share and contribution) | Employees Provident Fund | Any other transaction | Approved Employees Provident Fund Trust | None | 494.00 | 0.00 | 0.00 | ||||||||||||||||
| Total value of transaction during the reporting period | 25,602.00 | ||||||||||||||||||||||||