Company: VIP Industries Lt Category: Broker Research

We initiate coverage on VIP Industries Ltd (VIP) with a BUY rating given market leadership (50% revenue share) in the organized luggage industry, well-diversified product portfolio (six brands and multiple SKUs exceeding 1,500) and solid brand salience (brand-ex is 5-7% of sales).
March 25, 2019, 5:32 p.m.

VIP Industries Ltd (VIP) is the largest luggage player in India with 50%+ market share in the organised market.
Nov. 19, 2018, 11:31 a.m.

Estimating the share price of the company as per P/E valuation P/E ofFY18E at 36x, EPS(Est.) at Rs7.23, the estimated share price for next 1 year tenure turns around to be Rs260. Buy.
Sept. 11, 2017, 5:32 p.m.

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