VIP Industries Limited - Company Capsule by ICDResearch

VIEWS: 75 PAGES: 13

More Info
									VIP Industries Limited

_________________________________________________________________________________




VIP Industries Limited - Company Capsule

Reference Code: RT0520CC
Published Date: April 2011




___________________________________________________________________________________________

VIP Industries Limited - Company Capsule                                            Page 1
VIP Industries Limited

__________________________________________________________________________________________


VIP Industries Limited - Company Overview

VIP Industries Limited (VIP Industries) is an Indian company engaged in travel products. The company manufactures and
retails travel products, accessories, hard and soft luggage and furniture. VIP Industries sells products of its trademark
brands which include VIP, Carlton, Delsey, Footloose, Alfa, Aristocrat, buddy and Skybags. The company markets its
products through its retail stores, VIP Lounges and also sells through franchisees which are located nationwide. VIP
Industries also has operations in London, Dubai and Hong Kong. The company performs its operations in United Kingdom
through its subsidiary, namely, Carlton Travel Goods Ltd. VIP Industries is headquartered in Mumbai, Maharashtra, India.


Financial Performance

The company reported revenue of INR 6712.4 million during the fiscal year ended 2010. The company's revenue grew at
a CAGR of 7.73% during the period 2008-2010 with a year on year growth of 16.46% over fiscal year 2009. During the
fiscal year 2010, its operating margin was 8.85% as against the operating margin of -2.39% in fiscal year 2009. During the
fiscal year 2010, the company registered a net margin of 7.21% as against the net margin of -2.48% in the fiscal year
2009.




VIP Industries Limited - Key Facts

VIP Industries Limited, Key Facts

                                  DGP House, 88C, Dadar (West)
                                                                    Ticker Symbol, Stock            507880 (Bombay Stock
Corporate Address:                Mumbai, , 400025, India                                           Exchange)
                                                                    Exchange



Telephone                          + 91 22 66539000                 No. of Employees                1,645



Fax                                + 91 22 66539089                 Financial Year End              March



URL                               www.vipbags.com                   Revenue (in INR Million)        6,367.80



Industry                          Retailing                         Revenue (in USD Million)        130.35



Locations                         Hong Kong Special Administrative Region of China, India, Canada

Source: Annual Report, Company Website, Primary and Secondary Research




___________________________________________________________________________________________

VIP Industries Limited - Company Profile                                                                                   Page 2
VIP Industries Limited

__________________________________________________________________________________________



VIP Industries Limited - Major Products and Services

VIP Industries Limited is engaged in the manufacturing and retailing of travel products, accessories, hard and soft luggage
and furniture. Key products and brands of the company include the following:

VIP Industries Limited, Major Products and Services
Products:

Travel Products

Hard and Soft Luggage

Accessories

Furniture

Brands:

Aristocrat

Skybags

VIP

CARLTON

DELSEY

FOOTLOOSE

ALFA

Buddy
Source: Annual Report, Company Website, Primary and Secondary Research




___________________________________________________________________________________________

VIP Industries Limited - Company Profile                                                                          Page 3
VIP Industries Limited

__________________________________________________________________________________________



VIP Industries Limited - Key Competitors

The following companies are the major competitors of VIP Industries Limited:

Evinix Accessories Ltd.

Damas International Limited

Eminent Luggage Corp.

Bharat Seats Ltd

Samsonite Corporation




___________________________________________________________________________________________

VIP Industries Limited - Company Profile                                            Page 4
VIP Industries Limited

__________________________________________________________________________________________


VIP Industries Limited - Key Employees


VIP Industries Limited, Key Employees


          Name                             Job Title                      Board Level     Since   Age


D.K. Poddar                Director                                 Non Executive Board


Dilip G. Piramal           Chairman                                 Executive Board


G.L. Mirchandani           Director                                 Non Executive Board


Indranil Roy               Vice President, Head Sales               Senior Management     2010


Manish Vyas                Vice President - Marketing               Senior Management     2010


Manoj Tulsian              Chief Financial Officer                  Senior Management


Neeraj Dhingra             Vice President - International Business Senior Management      2010


Nirmal Gangwal             Director                                 Non Executive Board


Premanand T                Director - Works                         Senior Management


Radhika Piramal            Managing Director                        Executive Board       2010


Shreyas Trivedi            Head Legal, Secretary                    Senior Management


Sudhir Jatia               Director                                 Non Executive Board


                           Vice President - International Sourcing
Sunil Kolhe                                                        Senior Management      2010
                           and Product Development


Vijay Kalantri             Director                                 Non Executive Board


Vivek Nair                 Director                                 Non Executive Board

Source: Annual Report, Company Website, Primary and Secondary Research




___________________________________________________________________________________________

VIP Industries Limited - Company Profile                                                            Page 5
VIP Industries Limited

__________________________________________________________________________________________



VIP Industries Limited - Locations and Subsidiaries

Head Office

VIP Industries Limited
DGP House, 88C
Dadar (West) Mumbai
Zip: 400025
India
Tel: + 91 22 66539000
Fax: + 91 22 66539089



Other Locations & Subsidiaries

VIP Industries Limited, Subsidiaries


                                                                    Carlton Travel Goods Ltd
                                                                    230 High Street
Blow Plast Retail Ltd.
                                                                    Hertfordshire
India
                                                                    Zip: EN6 5BL
                                                                    United Kingdom


Source: Annual Report, Company Website, Primary and Secondary Research




___________________________________________________________________________________________

VIP Industries Limited - Company Profile                                                       Page 6
VIP Industries Limited

__________________________________________________________________________________________


VIP Industries Limited - Financial Ratios

Financial Ratios - Annual Ratios
VIP Industries Limited, Annual Ratios

                Key Ratios                    Unit/Currency               2010         2009         2008         2007         2006
Equity Ratios
EPS (Earnings per Share)                            INR                     17.12         -5.06 
								
To top