VIP Clothing FY26 Results: Premium Mix Lifts Margins and Profit

FY26 revenue from operations was INR 253.83 crore, EBITDA was INR 22.89 crore, and PAT was INR 9.81 crore (all as per the consolidated metrics shown).

FY26 EBITDA margin was 9.02% versus 7.03% in FY25, and FY26 PAT margin was 3.85% versus 2.29% in FY25.

The presentation states an aim to increase women’s innerwear contribution from 9% to 20% by FY27, supported by an expanded range launch in the first half of the next financial year.

The presentation targets modern trade and e-commerce to drive 40% of total revenues by FY27, and a post-FY27 target of 20-25% of revenue from D2C by FY30.

The presentation states a medium-term vision to double revenue in the next three years.

Cash flow from operating activities in FY26 was INR 20.23 crore, compared to negative INR 37.36 crore in FY25, as per the consolidated cash flow statement.

The Chairman’s message states a planned raise of about INR 47.70 crore via preferential warrants, intended for working capital, premiumization, women’s category expansion, distribution expansion, and brand-building.