VIP Clothing Limited — PPTs, 12-02-2026: Investor Presentation

VIP Clothing's Q3 revenue stood at ₹50.78 Cr, down 18.9% YoY, mainly due to a shift in billing for modern trade and exports. However, 9M revenue grew 6% YoY to ₹182.29 Cr, supported by resilient brand positioning. Q3 profit after tax (PAT) was ₹0.93 Cr (down 53.5% YoY), but 9M PAT soared 77.3% YoY to ₹5.39 Cr, reflecting improved profitability.

The company is focused on strengthening its premium positioning, expanding distribution, and deepening consumer engagement. A key strategy includes launching a women's innerwear range in H1 next fiscal year, aiming for over 20% contribution by FY27.

Recent developments include the successful relaunch of Frenchie X, gaining traction in Southern markets, and a credit rating upgrade. This upgrade lowered borrowing costs from 12.65% to 10.10%.

Key financial metrics show 9M EBITDA jumped 47.4% YoY to ₹16.07 Cr, with margins at 8.81%. Operating cash flow (CFO) was a healthy ₹16.79 Cr, marking the third consecutive positive quarter.

Management attributes improved profitability to a favorable product mix, better realizations, and cost management. They project Q4 revenue at ₹70-72 Cr, with EBITDA margins improving by over 2%. The company targets ₹420 Cr revenue by FY27, representing a ~35% CAGR.