VIP Clothing Ltd.
Snapshot View

21.55 -1.10 ▼-4.9%

05 August 2021, 04:00:00 P.M.
Volume: 71,872

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile Compare with Industry peers
Website http://www.vipclothing.in
Financial Indicators
Market Cap 178.00 Cr.
Earnings per share (EPS) -0.13 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 23.50 Trailing Twelve Months Ending 2021-03
Book Value / Share 16.35 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.32 Calculated using Price: 21.55
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 8.26 Cr. 82,596,519 Shares
FaceValue 2
Company Profile

Maxwell Industries Limited, part of the successful VIP Group, was incorporated in 1991. It is a leading manufacturer of high quality 100% cotton yarn manufacturer in India for hosiery/weaving industries. It operates in the highly competitive domestic and international market as suppliers of 100% Combed Auto leveled  and Auto Coned Contamination controlled Siro cleared hosiery/woven cotton yarn for the high tech knitting/weaving industry. Maxwell Industries Ltd. is promoted by eminent men of vision and foresight. At the helm of the affairs are Jaykumar Pathare as Chairman and L. Jaipal Reddy as Managing Director, who have vast experience of over 35 years in this field.

The company is a part of the successful VIP Group, a leading supplier of world-class undergarments, with a total group turnover of $ 75 million. The unit started functioning in 1995 at the picturesque location of Kollappalur, 85 km from Coimbatore in the Southern Indian state of Tamil Nadu.

At Maxwell, the company is continuously striving for technological excellence by bringing the latest and best machineries internationally available. It also has a testing laboratory par excellence.

It has a state-of-the-art spinning mill situated on a total area of over 12 acres, at Kollappalur, 85 km from Coimbatore, in the southern Indian state of Tamil Nadu .The mill has excellent infrastructure to meet the ever-growing needs of customers. The mill is well-equipped to produce the best quality hosiery yarn. The mill has an installed capacity of 26,208 Ring Spindles and is equipped with  Blow Room with POLYSENSOR Contamination cleaner with Chute feed, Auto leveling both at Cards and Draw frames, Combers, Speed frames & Ring frames supplied by LMW, India, the world's third largest Textile Machinery Manufacturer. The mill also has auto coners from 'MURATA', Japan with USTER QUANTUM SIRO (CONTAMINATION) Electronic yarn clearers to ensure hosiery/weaving yarn of the best kind. Our production capacity for 40s Combed Warp/Hosiery yarn is 280 Tonnes per month.

In addition to the machinery and factory of international levels, the  company has an excellent testing laboratory and training center which aid the manufacturing process. The mill exports 60% production of our total capacity in countries like Europe, USA, Korea, Egypt, Hong Kong, etc.

Product range of the company includes:

The products manufactured at Maxwell have that extra edge over competition, to make it big in the international markets with regard to Quality, Productivity, Consistency, Profitability and Reliability.

It offers its customers fully Combed, Polysensor Contamination Cleaned at Blow room, Auto leveled and Auto coned yarn with SIRO Uster Quantum Clearers . The range is from NE 30s to 60s suitable for application on high speed knitting/ weaving machines. It manufactures Combed Hosiery Cotton Yarn in counts 24's, 30's, 34's,36s, 40s,50s & 60s  and 40’s and 60's Weaving counts.

Awards/Achievements

It is ISO 9002 Certified by RWTUV, Munich,

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-4.86%
1 Week
-12.58%
1 Month
+30.61%
3 Month
+61.18%
6 Month
+47.00%
1 Year
+240.98%
2 Year
+69.69%
5 Year
-67.93%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 5.35 3.25 5.96 7.64 -10.71 -5.92 -1.75 -3.58 -10.37
Return on Capital Employed (%) 11.09 9.62 10.80 12.34 1.64 2.02 3.16 0.93 -7.59
Return on Assets (%) 1.96 1.20 2.13 2.79 -3.99 -2.53 -0.87 -1.86 -5.20

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 99 100 103 99 93 156 195 152 137
Non Curr. Liab. 16 16 17 16 17 60 60 42 28
Curr. Liab. 106 137 127 139 133 124 108 109 108
Minority Int.
Equity & Liab. 221 253 247 255 243 341 364 302 272
Non Curr. Assets 80 85 87 84 69 173 168 110 111
Curr. Assets 141 169 160 171 174 168 196 192 162
Misc. Exp. not W/O
Total Assets 221 253 247 255 243 341 364 302 272

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 220 249 257 261 194 232 222 207 173
Other Income 3 5 1 1 1 1 1 2 3
Total Income 223 255 259 262 195 233 224 209 176
Total Expenditure -204 -233 -234 -233 -196 -218 -212 -204 -188
PBIDT 19 22 24 28 -1 15 12 6 -13
Interest -15 -14 -13 -13 -13 -12 -11 -9 -11
Depreciation -4 -3 -4 -5 -4 -3 -3 -3 -4
Taxation -2 -2 -3 -4 0 0 0 0 13
Exceptional Items 6 8 -7 0
PAT 5 3 5 7 -10 -7 -3 -6 -15

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 22 5 35 12 10 10 -17 7 18
Cash Fr. Inv. 8 -3 -5 -4 2 12 3 -1 -2
Cash Fr. Finan. -29 -1 -31 -8 -11 -21 15 -6 -14
Net Change 1 1 -1 0 0 1 1 0 2
Cash & Cash Eqvt 2 4 3 3 3 4 5 0 2

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 52.67 52.67 52.67 52.67 52.67 52.96 53.00 53.05 53.08
Public 47.33 47.33 47.33 47.33 47.33 47.04 47.00 46.95 46.92
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 02 Aug 2021
Board Meeting Intimation for Notice Of Board Meeting For Approval Of Unaudited Financial Results Of The Company For The Quarter Ended June 30 2021.
VIP Clothing Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2021 inter alia to consider and approve Pursuant to Regulation 29(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 notice is hereby given that Meeting of the Board of Directors of the Company will be held on Tuesday August 10 2021 inter alia to consider approve and take on record the unaudited financial results of the Company for the quarter ended on June 30 2021.

Pursuant to the Companys Code of Conduct for Prevention of Insider Trading the trading window for trading by designated persons which is closed since July 1 2021 shall remain closed upto 48 hours after the declaration of financial results of the Company for the quarter ended on June 30 2021.
Wed, 14 Jul 2021
Shareholding for the Period Ended June 30 2021
VIP Clothing Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Wed, 14 Jul 2021
Compliance Under Regulation 23(9) Of The SEBI (Listing Obligations And Disclosure Requirement) Regulations 2015.
Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirement) (Amendments) Regulations 2018 we have enclosed herewith the disclosures of related party transactions on a consolidated basis in accordance with the applicable accounting standards for the half year ended on 31st March 2021.

Technical Scans View Details

Thu, 05 Aug 2021
Opening at High Opening at High
Closing Below Previous Low Closing Below Previous Low
S Close Below Last Week Low
Close Crossing 20 EMA From Above Close Crossing 20 EMA From Above
MFI Bearish MFI Bearish

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