Vip Clothing Limited · NSE:VIPCLOTHNG

Vip Clothing — Q2 FY26 Earnings Presentation

31 slides from Vip Clothing's earnings presentation, Dec 3, 2025

  1. Slide 1: Listing exchange covering letter

    December 03, 2025 To, To, The Listing Department, The Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Bandra-Kurla Complex Mumbai - 400 001. Bandra (East), Mumbai-400 051. Scrip Code : 532613 Trad

  2. Slide 2: Frenchie Q2FY26 & H1FY26

    Frenchie Q2FY26 & H1FY26 DECEMBER 2025 ® BSE : 532613 | NSE : VIPCLOTHNG

  3. Slide 3: ˙˙̂ !.0%*ŏ/00!)!*0/ŏ%*ŏ0$%/ŏ +1)!*0ŏ)5!ŏ"+.3. ġ(++'%*#ŏ/00!)!*0/ċŏ1$ŏ ŏ"+.3. ġ(++'%*#ŏ/00!)!*0/ŏ.!ŏ /1&!0ŏ0+ŏ!.0%*ŏ.%…

    ˙˙̂ !.0%*ŏ/00!)!*0/ŏ%*ŏ0$%/ŏ +1)!*0ŏ)5!ŏ"+.3. ġ(++'%*#ŏ/00!)!*0/ċŏ1$ŏ ŏ"+.3. ġ(++'%*#ŏ/00!)!*0/ŏ.!ŏ /1&!0ŏ0+ŏ!.0%*ŏ.%/'/ŏ* ŏ1*!.0%*0%!/ŏ(%'!ŏ ŏ#+2!.*)!*0ŏ0%+*/Čŏ(+(Čŏ,+(%0%(Čŏ+.ŏ!+*+)%ŏ !2!(+,)!*0/Čŏ 0!$*+(+#%(ŏ.%/'/Čŏ* ŏ)*5ŏ+0$!.ŏ"0+./ŏ0$0ŏ+1( ŏ1/!ŏ+1.ŏ01(ŏ.!/1(0/ŏ0+ŏ %û!.ŏ ŏ)0!.%((5ŏ".+)ŏ0$+/!ŏ +*

  4. Slide 4: Management team

    MR. SUNIL MR. KAPIL MR. DEVENDRA MR. BHUSHAN J PATHARE J. PATHARE VYAS PATEL (Chairman & (Promoter & Deputy (Chief Financial (Vice President Officer) Managing Director) Managing Director) – Sales) Holds a Bachelor's degree in Commerce. Holds a master’s degree in Business Chartered Accountant & Mr. P

  5. Slide 5: Chairman's Message

    CHAIRMAN’S MESSAGE Dear Shareholders, I am delighted to address you as the Chairman of VIP Clothing, a leading comfortable innerwear manufacturer In India. Since our inception in 1991, VIP Clothing has been at the forefront of the innerwear industry through its innovation, quality, and sustainabilit

  6. Slide 6: Deputy Managing Director's Message

    DEPUTY MANAGING DIRECTOR’S MESSAGE Dear Shareholders, It is a privilege to address you in my first year as Deputy Managing Director. FY 2024 – 25 has been a year of steady consolidation and purposeful progress for VIP Clothing Limited a year in which we strengthened our operating backbone, sharpened

  7. Slide 7: Robust Distribution Network

    ROBUST DISTRIBUTION NETWORK 190+ 550+ 1,10,000+ Marketing & Sales Distributors Retailers Professionals 3 Warehouses in 4 10+ Mumbai, Kolkata Exclusive Brand E-Commerce & Thingalur Outlets (EBOs) Platforms VIP CLOTHING | INVESTOR INVESTERPRESENTATION PRESENTATION20252025

  8. Slide 8: Our Geographical Presence

    OUR GEOGRAPHICAL PRESENCE Kuwait India Qatar Saudi UAE Muscat FOCUSED MARKETS Mauritius GROWING MARKETS SEEDING MARKETS VIP CLOTHING | INVESTOR INVESTERPRESENTATION PRESENTATION20252025

  9. Slide 9: Our Tie-ups

    OUR TIE-UPS ȥ Modern + !.*ŏ Trade . !ŏ Mini %*%ŏModern + !.*ŏ Trade . Chain !ŏ$%*ŏ E-Commerce ġ+))!.!ŏ Platform (0"+.) Partnership In .0*!./$%,ŏ *ŏ Overseas 2!./!/ŏ Gulf Market 1("ŏŏ .'!0 Partnerships & B2b .0*!./$%,/ŏĒŏĂŏ Collaborations - +((+.0%+*/ŏġŏ Offline ÿ%*! VIP CLOTHING ŏ | INVESTOR ħŏ INVE

  10. Slide 10: Company history timeline

    ĂĀāĆ %!*/!ŏ#.!!)!*0ŏŏ"+.ŏ )*1"01.%*#Čŏ).'!0%*#Čŏ %/0.%10%+*ŏŏ Ēŏ/(!ŏ+"ŏ)%*!*!ŏŏ.* ŏ ŏāĊĊă ŏĂĀāā ,.+ 10/ċ %/0! ŏ+*ŏ2!.ġ$!ġ +1*0!.ŏ4$*#!ŏ +( ŏ0$!ŏ/,%**%*#ŏ +"ŏ * %ŏĨ ĩċ %2%/%+*ŏ ŏĂĀĀĆ /%010! ŏ0ŏŏ +((,(1.Čŏ )%(ŏ 1 %/0! ŏ+*ŏ0$!ŏ +)5ŏ0+'ŏ ŏĂĀĀć 4$*#!ŏĨĩ %/! ŏ,%0(ŏ +"ŏ/ċŏąĆāŏ *ŏ ".+)ŏ!(%*!ŏ ĂĀāą +( ŏ*ŏ%*ġ

  11. Slide 11: Our Journey

    OUR JOURNEY 2018 2016 Launched Premium Sold the processing Segment – VIP Regal & Frenchie Casuals. 2023 house situated at SIPCOT, Perun Durai, Embarking On a new transformational journey 2025 Tamil Nadu. The company raised capital of Relaunch Frenchie X Changed the name to INR 451.7 Mn through Launc

  12. Slide 12: Our Core Team

    OUR CORE TEAM MR. SUNIL MR. KAPIL MR. DEVENDRA MR. BHUSHAN J PATHARE J. PATHARE VYAS PATEL (Chairman & (Promoter & Deputy (Chief Financial (Vice President Managing Director) Managing Director) Officer) – Sales) Holds a Bachelor's degree in Holds a master’s degree in Business Chartered Accountant & M

  13. Slide 13: Expansion and growth strategy

    ˙ ˙ ˙ 4,* %*#1. .'!0$.! *$!˙˚+. (!̂.* ! !#)!*0̂5 !2!.#%*#1.0.!*#0$/ *$*%*#ŏ+1.ŏ ,.!/!*!ŏ%*ŏ0$!ŏ /0(%/$%*#ŏŏŏ.* ŏ 1#)!*0%*#ŏŏ 3+)!*Ě/ŏ%**!.3!.ŏŏ %*ŏ0$!ŏ0!!*ŏ/!#)!*0ŏŏ 4,* %*#ŏ%*0+ŏ 0!$*+(+#5ŏ0+ŏ /!#)!*0 %*ŏ0$!ŏ*)!ŏ+"ŏėġāĊĘ *!3!.ŏ#!+#.,$%!/ ŏ%*.!/!ŏ!þ%!*5 +.5%*#ŏ%*0+ŏ0$!ŏ .+3%*#ŏ %/0.%10+.ŏ *$*%*#ŏŏ 0

  14. Slide 14: Product categories

    ˙˙ˏ ˏ .!5.% 5!%*#Ȗ.+!//%*# ˏ100%*#ˏ '%*#̂+4!/ **!.3!. 0%0$%*#ˏ ŏ ħŏINVESTOR ŏ PRESENTATION ŏĂĀĂĆ 2025

  15. Slide 15: Our Factories

    OUR FACTORIES Thingallur (Tamil Nadu) 19.2 Acre Kolkatta (West Bengal) VIP CLOTHING | INVESTOR INVESTERPRESENTATION PRESENTATION20252025

  16. Slide 16: Factory operations

    ˙ˏ !0.100%*#/+(10%+*ȑ$%*#(1."0+.5 %!ȥ10ȑ$%*#(1."0+.5 0%0$%*#(%*!ȑ$%*#(1."0+.5 .+*%*#ȑ$%*#(1."0+.5 ˏ*0!!*ȑ).#+*"0+.5 ŏ ħŏINVESTOR ŏ PRESENTATION ŏĂĀĂĆ 2025

  17. Slide 17: Factory capacity

    ˙ $%*#((1.Ȭ)%( 1ȭ ȋȋȑȋȅȅ/-"0 +*Ȭ $./$0.ȭ Ȇȇȑȇȍȍ/-"0/$! * ȈȍȅȇȎ/-"0 +('0Ȭ!/0̂!*#(ȭ Ȋȇȅȅ-"0 ŏ ħŏINVESTOR ŏ PRESENTATION ŏĂĀĂĆ 2025

  18. Slide 18: Our IT Software Infrastructure

    OUR IT SOFTWARE INFRASTRUCTURE VIP CLOTHING | INVESTOR INVESTERPRESENTATION PRESENTATION20252025

  19. Slide 19: Product segments and price ranges

    ˏ 4,*/%2!˙* %2!./!.+ 10+.0"+(%+ WƌŝĐĞZĂŶŐĞ͗ZƐ͘ϯϬϬʹ ZƐ͘ϲϬϬ Thingallur Thingallur (Tamil Nadu) (Tamil Nadu) 55,500 sq ft .!)%1) !#)!*0 WƌŝĐĞZĂŶŐĞ͗ZƐ͘ϭϮϬʹ ZƐ͘ϯϬϬ ! %1) !#)!*0 ୏ Kolkatta (West Bengal) WƌŝĐĞZĂŶŐĞ͗ZƐ͘ϲϬʹ ZƐ͘ϭϮϬ +*+)5 !#)!*0 ŏ ħŏINVESTOR ŏ PRESENTATION ŏĂĀĂĆ 2025

  20. Slide 20: Brand and product range

    ˏ +)%**0+/%0%+* * **!.3!. 4,* %*#1..!/!*! *103!. ġ ̂˙˙ Ȓ ̂˙˙ Ȓ ̂+*1/.!)%1)ȓ̂+*1/ˏ(//%ȓ̂+*1/ *%0/$.1*'ȓ3ȓ 1,.!)!ȓ̂+*1/ȓ̂+*1/ 1*%+.ȓ.+ȓ.!/$ȓ 1(/! ̂˙˙ Ȓˏ ̂˙˙ Ȓˏ (%0!ȓ45ȓ-1.!ȓ!+ȓ(!4ȓ%/ȓ*0%!.ȑ5)3!. ˏ.!3 ̂ ̂˙˙ Ȓ ˏ ,!0+.ȓ%#*+.ȓ+( ȓˏ$),ȓ˙(,$ȓ˙,!4ȓ!/%#*!.ȓ ̂˙˙ Ȓ .!/$ȑ.5++( ̂˙˙ Ȓˏ ̂(6! 1.+˛0 ȓ.+ȓ*25ȓ.+2!ȓ +3/

  21. Slide 21: Recent Launch: Yuwa Series

    RECENT LAUNCH Confidence starts with comfort! YUWA SERIES

  22. Slide 22: Women's innerwear and brand range

    ˏ +)%**0+/%0%+* * **!.3!. ˙ ˙ ̂˙ ˏ.%//ȥ.+//ȓ!3ȓˏ$.)ȓˏ$!!.1,ȓ̂.!!6!ȓ!,ȓ*+3 % /!#)!*0 ̂˙ȓ !3)+) dͲ ̂˙ ̂!)ȓ.!* 5ȓ(%06ȓ((!ȓˏ+/)+ȓ.*0!!.2!ȓˏ1.2!ȓ (%.ȓ()ȓ,.'(! ̂˙ /!ȓ225ȓ$50$)ȑ2+(2!ȓ˙0%2!ȓ%0(ȓ #!ȓ!( ˙ ŏ ħŏINVESTOR ŏ PRESENTATION ŏĂĀĂĆ 2025

  23. Slide 23: Growth drivers and strategy

    ˙˙ˏ ˙ˏ %#$!.ŏ%/,+/(!ŏ *+)!ŏ!*(%*#ŏ *.!/!ŏ%*ŏ.*ŏŏ %*.!/%*#ŏ/$%"0ŏ0+ŏ+.#*%6! ŏ.* +,1(0%+* ୏ .+3%*#ŏ!ġ+))!.!ŏŏ *.!/! ŏ/$%"0ŏ%*ŏ ,.!/!*! +.#*%6! ŏ.!0%( )!.#!*!ŏ+"ŏ,1.,+/!ġ/,!%üŏŏ *.!/! ŏ%*2+(2!)!*0ŏ%*ŏ %**!.3!.ŏĨ/,+.05Čŏ/1(Čŏŏ .* ! ŏ%**!.3!. "/$%+*(!ĩŏ3% !*%*#ŏ0$!ŏ).'!0 %#$!.ŏ/,%.0%+*ŏ"+.ŏ #(+(ŏ.* / ŏ ħ

  24. Slide 24: VIP CLOTHING | INVESTOR INVES

    VIP CLOTHING | INVESTOR INVES PRESENTATION 2025

  25. Slide 25: Market Opportunity

    MARKET OPPORTUNITY Women’s Innerwear in India Valued at USD 3 Billion, the market is driven by rising body positivity, urban incomes, and premium brand innovation. Metros like Mumbai, Delhi, and Bangalore lead demand, supported by e-commerce growth and evolving preferences for comfort and style. In

  26. Slide 26: Revenue & Growth Targets, Margin Expansion Strategy

    O1 02 Revenue & Growth Targets Margin Expansion Strategy Targeting 2420 Cr revenue by FY27 at a 35% CAGR, driven PORT MEUEERS SUAC TES Wa ct by multi-pronged growth levers. Driven by: Women's innerwear revenue share is expected to grow + Reduced discounting, better product mix, and improved channel

  27. Slide 27: Revenue and PAT trends

    ˙ˏ ˙ ˏ (RS. IN MN) PAT & PAT Margins !2!*1!ŏ".+)ŏ,!.0%+*/ŏĨ+ĩ !2!*1!ŏ".+)ŏ,!.0%+*/ŏĨ+ĩ 3.39% 25.00 22.22 3.50% 22.38 3.39% ĈĀĀċĀ ćąĊċā ĂČĆĀĀċĀ ĂČăćĉċĊŏ ćĂćċă 3.00% 20.00 ćĀĀċĀ 2.50% ĂČĀĀĀċĀ āČĉăĂċĉŏ 15.00 2.00% ĆĀĀċĀ 10.00 8.08 1.36% 1.50% ąĀĀċĀ āČĆĀĀċĀ ăĂăċĉ 1.00% 5.00 ăĀĀċĀ āČĀĀĀċĀ 0.50% 0.00 0.00

  28. Slide 28: Consolidated Income Statement

    CONSOLIDATED INCOME STATEMENT (RS. IN MN) Particulars Q2 FY26 Q2 FY25 YoY (%) Q1 FY26 QoQ (%) H1 FY26 H1 FY25 YoY (%) Revenue from Operations 660.68 592.31 11.54% 654.49 0.95% 1315.16 1093.50 20.27% Other Income 1.82 3.20 1.46 3.28 4.56 Total Revenue 662.49 595.50 11.25% 655.95 1.00% 1,318.44 1,098.

  29. Slide 29: Consolidated Balance Sheet

    ˏ ˙̂˙ ˙ˏ (RS. IN MN) Particulars As at 30.9.25 As at 31.3.25 Particulars As at 30.9.25 As at 31.3.25 .0%1(./ŏĨ/ċŏ *ĩ Assets /ŏ0ŏăāċăċĂĆ /ŏ0ŏăāċăċĂą .0%1(./ŏĨ/ċŏ *ĩ Equity & Liabilities /ŏ0ŏăāċăċĂĆ /ŏ0ŏăāċăċĂą Non-Current Assets -1%05ŏĒŏ %%(%0%!/ŏ Shareholder's Funds //!0/ŏ PP&E $.!$+( !.ņ/ŏ1* /ŏ 229

  30. Slide 30: Cash Flow Statement

    CASH FLOW STATEMENT (RS. IN MN) Particulars H1FY26 H1FY25 Cash Flow From Operating Activities 176.95 (49.27) Cash Flow From Investing Activities (62.99) (6.20) Cash Flow From Financing Activities (115.43) 281.28 Cash and Cash Equivalents at the End of the Period 5.60 228.82 25

  31. Slide 31: Company contact details

    ȊȊ<ĬŋȊÿŠŋŚąêŋȊĉĥÿĬŋĤÃŚĉĬĥȊĬĥȊŚąêȊĬĤňÃĥŽǢ ‚ĞêÃŒêȊ¯ĉŒĉŚǣȊąŚŚňŒǣǮǮŷŷŷǡŶĉňßĞĬŚąĉĥĀǡĉĥǮ ”B_VȊ¶fš ȊÃňŚĉŶêȊF ȊŒŚŋÃŚêĀĉßȊåŶĉŒĬŋŒȊ‚ŶŚǡȊXŚå ȊVŋŠĥÃĞȊŒąÃąȊɏȊ¯ĉĥÃŽÃěȊŒąĉŋĬåěÃŋ Ȋ(ĤÃĉĞǣȊěŋŠĥÃĞɆßÃňǸĉŋǡßĬĤȊɏȊŶĉĥÃŽÃěɆßÃňǸĉŋǡßĬĤ ĬĥŚÃߌǣȊȪƚƒȊƚƔƘƓƕȊƗƘƒƚƕȊɏȊȪƚƒȊƙƙƓƙƓȊƚƘƓƙƘȊ

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