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's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.
Financial Ratios:
currentRatio
1.27700
forwardPE
44.14000
debtToEquity
121.90000
earningsGrowth
0.00000
revenueGrowth
-0.04300
grossMargins
0.45618
operatingMargins
-0.04814
trailingEps
-4.82000
forwardEps
11.35000
VIPIND's current ratio is 1.277, 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 VIPIND has no trouble covering its short-term financial obligations. VIPIND's elevated debt-to-equity ratio suggests that the company is using significant debt to finance its operations. This level of leverage can amplify financial risk, particularly if profitability decreases or external conditions become unfavorable. V.I.P. Industries Limited's low growth in both earnings and revenue signals a potential profit decline. This could be a sign of financial trouble, suggesting that the company's profitability might shrink in the near future.
Price projections:
Price projections for VIPIND V.I.P. Industries Limited's price projections have been revised downward gradually, suggesting that expectations for the company's future performance are becoming more conservative. Analysts may be tempering their optimism based on current trends.
V.I.P. Industries Limited's price has already surpassed the upper threshold of projections, indicating significant upward momentum. However, the constrained potential for further increases suggests that the stock may be reaching a point of stabilization.
Insider Transactions:
Insider Transactions for VIPIND
There were 4 VIPIND sales transactions, at market price of 450.57498931884766.During the period under consideration, no sell transactions took place.More recent purchases than sales at current price levels for VIPIND could signal growing investor confidence. This buying trend might suggest that market sentiment is leaning toward a positive outlook for the stock, possibly indicating expectations of favorable performance in the near future.
Recommendation changes over time:
Recommendations trend for VIPIND
Analysts have shown a sell bias toward VIPIND, recommending caution for investors. To make sound decisions, it's important to consider a broader base of market indicators, providing a fuller picture of VIPIND's outlook and avoiding overreliance on one specific viewpoint.
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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