Integrated Filing — IndAS

General information about company
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-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	13-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	07-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
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	13-May-2025   14:00:00
End date and time of board meeting	13-May-2025   16:15:00
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

Financial Results Ind-AS
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	4942100000	21784300000
	Other income	37900000	109200000
	Total income	4980000000	21893500000
2	Expenses
(a)	Cost of materials consumed	2006800000	6886000000
(b)	Purchases of stock-in-trade	700700000	3208000000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-82500000	1752800000
(d)	Employee benefit expense	543800000	2252900000
(e)	Finance costs	168800000	732000000
(f)	Depreciation, depletion and amortisation expense	302900000	1190600000
(f)	Other Expenses
1	Other Expenses	1708300000	6861700000
	Total other expenses	1708300000	6861700000
	Total expenses	5348800000	22884000000
3	Total profit before exceptional items and tax	-368800000	-990500000
4	Exceptional items	42500000	78300000
5	Total profit before tax	-326300000	-912200000
6	Tax expense
7	Current tax	38900000	39300000
8	Deferred tax	-91600000	-263600000
9	Total tax expenses	-52700000	-224300000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	-273600000	-687900000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	-273600000	-687900000
17	Other comprehensive income net of taxes	600000	-34700000
18	Total Comprehensive Income for the period	-273000000	-722600000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	-273600000	-687900000
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	-273000000	-722600000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
21	Details of equity share capital
	Paid-up equity share capital	284000000	284000000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		5877600000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	-1.92	-4.84
	Diluted earnings (loss) per share from continuing operations	-1.92	-4.83
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	-1.92	-4.84
	Diluted earnings (loss) per share from continuing and discontinued operations	-1.92	-4.83
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	1930200000
	Capital work-in-progress	176700000
	Investment property	44500000
	Goodwill	0
	Other intangible assets	3092600000
	Intangible assets under development	3100000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	54800000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	318700000
	Total non-current financial assets	373500000
	Deferred tax assets (net)	503600000
	Other non-current assets	323400000
	Total non-current assets	6447600000
2	Current assets
	Inventories	6984200000
	Current financial asset
	Current investments	2000000
	Trade receivables, current	3683400000
	Cash and cash equivalents	379700000
	Bank balance other than cash and cash equivalents	99400000
	Loans, current	0
	Other current financial assets	123300000
	Total current financial assets	4287800000
	Current tax assets (net)	0
	Other current assets	844100000
	Total current assets	12116100000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	18563700000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	284000000
	Other equity	5877600000
	Total equity attributable to owners of parent	6161600000
	Non controlling interest	0
	Total equity	6161600000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	2755500000
	Total non-current financial liabilities	2755500000
	Provisions, non-current	160700000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	600000
	Total non-current liabilities	2916800000
	Current liabilities
	Current financial liabilities
	Borrowings, current	4152500000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	479600000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	3383600000
	Total Trade payable	3863200000
	Other current financial liabilities	656100000
	Total current financial liabilities	8671800000
	Other current liabilities	688000000
	Provisions, current	115100000
	Current tax liabilities (Net)	10400000
	Deferred government grants, Current	0
	Total current liabilities	9485300000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	12402100000
	Total equity and liabilites	18563700000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
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

Other Comprehensive Income
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Items that will not be reclassified to Profit or Loss	21100000	57900000
	Total Amount of items that will not be reclassified to profit and loss	21100000	57900000
2	Income tax relating to items that will not be reclassified to profit or loss	3000000	8000000
3	Amount of items that will be reclassified to profit and loss
1	Items that will be reclassified to Profit or Loss	-17500000	-84600000
	Total Amount of items that will be reclassified to profit and loss	-17500000	-84600000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	600000	-34700000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			-912200000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			732000000
	Adjustments for decrease (increase) in inventories			2172400000
	Adjustments for decrease (increase) in trade receivables, current			-485100000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			447000000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-190400000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-40600000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			1190600000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-4300000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-21800000
	Adjustments for dividend income			0
	Adjustments for interest income			0
	Adjustments for share-based payments			104800000
	Adjustments for fair value losses (gains)			100000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-62400000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			35100000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			3877400000
	Net cash flows from (used in) operations			2965200000
	Dividends received			0
	Interest paid			0
	Interest received			-2400000
	Income taxes paid (refund)			41100000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			2921700000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			19800000
	Purchase of property, plant and equipment			431300000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			2100000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-56300000
	Net cash flows from (used in) investing activities	-465700000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			100000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			-1175300000
	Repayments of borrowings			0
	Payments of lease liabilities			863100000
	Dividends paid			7300000
	Interest paid			465000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-2510600000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-54600000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-54600000
	Cash and cash equivalents cash flow statement at beginning of period			434200000
	Cash and cash equivalents cash flow statement at end of period			379600000