Company Valuation: VIP Clothing Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 345.3 1,152 1,937 3,320 2,919 2,869
Change - 233.73% 68.1% 71.39% -12.07% -1.7%
Enterprise Value (EV) 1 1,133 2,002 2,922 4,055 3,680 3,610
Change - 76.63% 45.95% 38.8% -9.25% -1.92%
P/E -2.31x -107x -86.9x 50.2x -23.1x 45.6x
PBR 0.25x 0.85x 1.45x 2.2x 2.11x 1.38x
PEG - 1.2x -1x -0x 0x -0x
Capitalization / Revenue 0.2x 0.8x 1.06x 1.65x 1.59x 1.21x
EV / Revenue 0.65x 1.38x 1.59x 2.01x 2.01x 1.52x
EV / EBITDA -7.63x 54.7x 43.3x 29.3x -67.7x 23.2x
EV / EBIT -6.41x 214x 66.6x 33.2x -55.4x 25.4x
EV / FCF 7.64x -143x -28.3x 51.5x 34.7x -9.04x
FCF Yield 13.1% -0.7% -3.53% 1.94% 2.88% -11.1%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -1.81 -0.13 -0.27 0.8 -1.532 0.62
Distribution rate - - - - - -
Net sales 1 1,749 1,447 1,834 2,016 1,833 2,369
EBITDA 1 -148.5 36.61 67.54 138.2 -54.37 155.5
EBIT 1 -176.7 9.335 43.84 122.1 -66.46 141.9
Net income 1 -149.5 -10.46 -22.13 66.37 -126.5 54.56
Net Debt 1 788.2 849.7 984.9 735.9 761.5 740.5
Reference price 2 4.18 13.95 23.45 40.19 35.34 28.26
Nbr of stocks (in thousands) 82,597 82,597 82,597 82,597 82,597 101,535
Announcement Date 01/09/20 01/09/21 02/09/22 22/08/23 02/09/24 23/08/25
1INR in Million2INR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.03x3.13x10.54x2.78% 261B
20.32x2.63x13.37x1.03% 22.23B
20.01x3.84x9.37x2.91% 14.85B
10.35x1x4.79x-.--% 12.98B
15.93x1.58x10.35x2.43% 9.44B
13.26x2.04x8.63x2.03% 9.27B
12.74x1.61x7.03x6.59% 7.04B
16.61x1.01x9.4x2.12% 6.68B
Average 16.28x 2.10x 9.18x 2.49% 42.93B
Weighted average by Cap. 19.93x 2.90x 10.31x 2.6%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA