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  • V I P Industries Ltd
V
V I P Industries Ltd Plastic products
₹ 463.35 +2.50 (0.54%)
  • NSE
  • BSE

Overview

  • BSE Code 507880
  • NSE Symbol VIPIND
  • ISIN Demat INE054A01027
  • Book Value (₹) 38.70
  • Face Value (₹) 2.00
  • Market Cap (₹ Cr.) 6,667.83
  • P/E (TTM) 0.00
  • EPS (TTM) 0.00
  • Div Yield (%) 0.00

Performance

Today’s Low 454.10
Today’s High 472.90

463.35
52W Low 248.35
52W High 589.75

463.35
Open 462.00
Prev. Close 460.85
Volume 4,17,263.00

Corporate Actions

VIP Industries Limited - Certificate under SEBI (Depositories and Participants) Regulations, 2018
Apr 07, 2025

VIP Industries Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

About V I P Industries Ltd

VIP Industries Ltd is involved in the manufacturing and marketing luggage, bags, and accessories. The company came into existence as as Aristo Plast Pvt Ltd in 1968. The company commenced operational growth and commissioned a manufacturing plant in Nasik in 1973.  In 1981, it changed its name to VIP Industries Ltd from Aristo Plast Pvt Ltd  It was listed on  BSE in 1986 and established a manufacturing unit in Nagpur during the same year. The company witnessed substantial growth in its operations and started a manufacturing facility in Sinnar in 1995. In 2001, the company made a strategic entry into a strategic alliance with Delsey, a French-based luggage maker. It commissioned another manufacturing plant in Haridwar in 2006. With the merger of Aristrocrat in 2008, the company developed meaningful business growth.  In 2012, the company launched a ladies' handbag brand, “Caprese”. In 2018, the company surpassed ₹8,900 Crore in market capitalisation, which was its all-time high. During the same year, it started operations of 2nd and 3rd plant in Bangladesh. In 2021, the company was identified as a “Bronze” employer in the IWEI’s (Indian Workplace Equality Index) top employers for 2021. As of November 2023, the company operates 10 manufacturing facilities in India and Bangladesh. It supplies services to customers through ~12,000 points of sales across ~1300 towns.

Business Segments

As of November 2023, the company is engaged in manufacturing and marketing of luggage, bags and accessories. It operates its business through multiple brands listed below;
  • VIP:It is the organization’s flagship brand and continues to enjoy the highest saliency in the entire luggage category. During 1H FY 2024, this contributed to 24% of overall revenue.
  • Skybags:Skybags is a youth brand launched in 2011 with a mission to make its customers move in style everywhere, every time. It has a retail presence with 10,497 outlets and contributed 31% of overall revenue in 1H FY 2024.
  • Carlton:Carlton brand addresses the luggage needs of young visionaries and leaders relentlessly pursuing the next big idea and revolution. This was launched in 2011 and currently has a retail presence with 1,442 outlets. The brand derived 5% revenue in 1H FY2024.
  • Aristocrat:Aristocrat caters to the demands of the frequent travellers of the Indian heartland, which was launched in 1998. The brand has a rich retail presence with 10,016 outlets.
  • Alfa:Alfa is popularly commonly referred to as the value-for-money brand from the VIP Industries Ltd house. This brand was launched in 1987. It derived 39% of revenue from presence, Aristocrat in 1H FY 2024.
  • Caprese:Caprese delivers an avant-garde range of handbags and accessories for urban women. This brand derived a 4% revenue contribution in 1H FY 2024.
Subsidiaries As of March 2023, the company had 5 subsidiaries and a few of them are listed below:
  • VIP Industries Bangladesh Private Limited:It is a wholly-owned subsidiary that manufactures luggage in Bangladesh.
  • Blow Plast Retail Limited:This wholly owned subsidiary was formerly commonly referred to as Aristo Plast Pvt Ltd, which was in the enterprise of PVC Footwear, PVC Insulating Tapes, etc.

Key Personnel

Mr. Dilip G Piramal, Chairman Mr. Dilip G Piramal is a Commerce graduate and an experienced industrialist who has pioneered the luggage industry in India. He has more than 50 years of experience in the luggage industry. Ms. Radhika Piramal, Executive Vice Chairperson Ms. Radhika Piramal is a graduate of Oxford University and has an MBA from the Harvard Business School. Before joining VIP Industries, she worked with Bain & Company, New York, as a Management Consultant and was also associated with Carlton Travel Goods Limited, London. She has over 10 years of experience managing and strategising the luggage, bags, and other travel accessories business.

Corporate Actions

The company has no history of bonus issues, stock splits, or other corporate actions.
Founded: 1968
Chairman: Dilip G Piramal
Managing Director: Neetu Kashiramka
Address: 5th Floor DGP House, 88-C Old Prabhadevi Road, Mumbai, Maharashtra, 400025,
HO Tel: 91-022-66539000