Plastic products · VIP
Travel Bags
from 311 today
VIP Industries' 1QFY27 print was below estimates with consolidated revenue growing 3.0% YoY, reporting losses at EBITDA/PAT levels. With new leadership and ongoing premiumization trends, the company is poised for margin recovery and market-share gains, leading to a reiterated BUY rating.
VIP Industries reported early signs of recovery with 3% YoY revenue growth in Q1FY27, though profitability remained under pressure due to margin contraction. Given the improving outlook and measured recovery trajectory, we upgrade the stock to HOLD with a target price of Rs 320/share.
VIP Industries reported 1QFY27 results below estimates with consolidated revenue growing 3.0% YoY, but management expects a turnaround in FY27 driven by new product launches, brand-building initiatives, and inventory optimization.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
