Company: VIP Industries Ltd

We met Mr. Dilip Piramal, MD, VIP Industries (VIP) to gain insight about the company’s strategies. Management sounded optimistic on the sales growth (~15%), driven by strong travel industry (particularly air travel) and low penetration of branded luggage (20-25%), having regained share from peer Samsonite in past 2 years.
Sept. 21, 2017, 12:31 p.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.

VIP is now the second largest player in the world and largest in Asia. Company derives 45 % of its sales from the VIP brand, 27 % plus from Sky bags brand, 20 % from Aristocrat and Alfa combined, and 8 % combined from premium Carlton and Caprese brands.
Sept. 11, 2017, 9:56 a.m.

VIP Industries: Conference Call Transcript
Aug. 24, 2017, 4:03 p.m.