Section1: Company Overview

Victorian Plumbing Group PLC (LSE: VIC) a constituent of the FTSE AIM UK 50 Index, is a leading United Kingdom-based online retailer specializing in bathroom products. The Company offers a one-stop-shop solution with over 36,000 products from more than 150 own and third-party brands, catering to both consumers (B2C) and trade professionals.

Section2:  Financial Highlights – H1 FY25

Section 3:  Stock Recommendation Summary

Valuation Methodology: Price to Earnings Multiple Based Relative Valuation (Illustrative):

The stock has witnessed an downside of ~0.30% and of ~15.81% over the 1 week and 3 months respectively. It is trading below the average of 52-week high price of GBX 124.00 and 52-week low price of GBX 63.86, providing an opportunity to accumulate the stock.

One-Year Technical Price Chart (as of August 22, 2025). Source: REFINITIV, Analysis: Kalkine Group

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels as on August 22, 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: Dividend Yield may vary as per the stock price movement. 

Note 5: Kalkine reports are prepared based on the stock prices captured either from REFINITIV or Trading View. Typically, REFINITIV or Trading View may reflect stock prices with a delay which could be a lag of 25-30 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and the uptrend may take a pause due to profit booking or selling interest.

Stop-loss: In general, it is a level to protect further losses in case of any unfavourable movement in the stock prices.