Vip Clothing Limited · NSE:VIPCLOTHNG
Vip Clothing — Q1 FY2020 Earnings Presentation
34 slides from Vip Clothing's earnings presentation, Aug 9, 2019
Slide 1: Cover letter to stock exchanges
A ( viP) August 09, 2019 V 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 : 5326
Slide 2: Investor Presentation August 2019
Investor Presentation August 2019 1
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by VIP Clothing Limited. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securit
Slide 4: Table of Contents
Table of Contents Q1 & FY20 Financials 04 Company Overview 07 Key Strengths 23 Business Strategy 25 Industry Overview 27 Financials Highlights 30
Slide 5: Q1 & FY20 Financial Highlights
Q1 & FY20 Financial Highlights
Slide 6: Q1 & FY20 Financials
Q1 & FY20 Financials (₹ in Million) Particulars Q1 FY20 Q4 FY19 Q1 FY19 FY19 Revenue from operations 574.0 402.3 709.8 2,074.6 Gross Profit 223.1 184.9 276.0 863.0 GP Margin (%) 38.9% 46.0% 38.9% 41.6% EBDITA 30 8 28 36 EBDITA Margin (%) 5.2% 1.9% 3.9% 1.8% Other Income 6.4 5.5 2.2 19.7 Depreciation
Slide 7: Balance Sheet
Balance Sheet (₹ in Million) Particulars FY19 FY18 Particulars FY19 FY18 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Property, plant and equipment 386.50 410.13 Equity Share capital 165.19 165.19 Intangible assets 1246.07 1,250.20 Other equity 1,714.03 1,781.18 Financial assets Sub-total
Slide 8: Company Overview
Company Overview
Slide 9: Company Overview
Company Overview VIP Clothing Limited was One of India’s leading intimate apparel 01 incorporated in the year 1991 to satiate the company providing intimate wear to consumers across various segments discerning taste of Indian Consumer. under different brands. VIP enrich and expand fashion quotient i
Slide 10: Sales & Distribution
Sales & Distribution Sales Mix Network VIP has Pan India Presence with one of the largest 85% distribution network 12% Warehouses – 2 Retailers – ~35,000 3% Sales & Marketing Brand Outlets – 2 Professionals - 215 Distributors & Wholesalers - ~400 The globe is our canvas today. We enjoy long‐ standin
Slide 11: Milestone
Milestone Sale of Listing on NSE Delisting of spinning Investment of ~ ₹ IPO of our 451 millions by Golden Scale the Equity division Company. First Reliance Capital Trophy by Shares from situated at Incorporated the OTC Kollapalur, company to get Partners CMAI- The as a Private Exchange of Tamil Nad
Slide 12: Infrastructure
Infrastructure Manufacturing Facility Umbergaon, Gujarat Location Umbergaon, GIDC Gujarat (Garmenting Unit) Products Briefs, Vests, Trunks for Men & Juniors & Manufactured ladies Panties, BRA Facility details Garmenting unit; with fabric inspection, cutting, stitching, ironing, inspection & packing
Slide 13: Factory - Facilities
Factory - Facilities 12
Slide 14: Product & Brand Portfolio
Product & Brand Portfolio INNERWEAR OUTERWEAR VEST VIP T- Shirt Bonus Premium; Bonus Classic; Bonus VIP Knitshrunk; Nawab; Supreme ; Bonus Pulse Fab; Bonus Junior; Pro; Fresh; Drycool Frenchie Frenchie Crew Elite; Oxy; Square; Neo; Flex; Ribs; Enticer, Gym wear Muscle tee BRIEFS VIP VIP Blaze Specto
Slide 15: Product & Brand Portfolio
Product & Brand Portfolio INNERWEAR OUTERWEAR Fundamental Bra Feelings Track Pants Criss-cross; Dew; Charm; Cheer- Feelings up; Breeze; Pep; Snow; Nursing Bra; Feelings New mom T-Shirt Bra Feelings Capri Beam; Trendy; Glitz; Elle; Feelings Cosmo; Ornate Verve; Curve; Flair; Glam; Sparkle Sports Bra
Slide 16: Brand and Advertising: Category Presence
Brand and Advertising Category Presence Super Premium Segment Premium Segment Middle Segment Mass Segment Unorganized Segment 15
Slide 17: Brand and Advertising
Brand and Advertising • Young edgy fashion’ brand meant for the fashion conscious. • Draw on the edgy imagery of the brand earlier & make it relevant for the times. • Advertised through mass media like TV & Print, high impact media hoardings and also extensive use of Digital media for youth connect.
Slide 18: Presence in format Stores
Presence in format Stores Large Format store tie -ups E-commerce Tie -ups 17
Slide 19: Presence in format Stores
Presence in format Stores 18 18
Slide 20: Key Awards and Achievements
Key Awards and Achievements “SUPERBRANDS” –The Economic “BRAND LEADERSHIP Brand ‘VIP Frenchie’ as Times – February 17th, 2012 AWARD” for pioneering Power Brand of the year 2012. work in innerwear segment in India. Apex Awards – 2006 : The Brand of the year - Golden Scale Trophy ( 2007- Apex Award 20
Slide 21: The Board
The Board Mr. Sunil J. Pathare, Chairman & Managing Director Mr. Sunil J. Pathare, aged 48 years, is the Promoter and the Chairman & Managing Director of our Company. He holds a Bachelor's degree in Commerce. He looks after the overall management of the Company. He has been awarded the “Entrep
Slide 22: The Board
The Board Mr. Gopal Sehjpal, Independent Director Mr. Gopal Sehjpal aged 75 years, is the Non- Executive Independent Director of our Company. He holds a Master's Degree in Arts (Philosophy) and a Post Graduate Diploma in Personnel Management. He is also a member of the Institute of Management Co
Slide 23: Management Team
Management Team Mr. Ashish Mandaliya CFO & Company Secretary Mr. Mandaliya holds the degree of Chartered Accountant, Company Secretary and LLB. He has an experience of more than 20 years in the field of finance and secretarial compliances. Mr. Devendra Vyas Chief finance Controller Mr. Vyas is a Cha
Slide 24: Key Strengths
Key Strengths
Slide 25: Key Strength
Key Strength Brand Recall Brand recall value amongst the customer. VIP caters to the Product Portfolio aspirational needs of average VIP Leader is a reflection of company's Indian. commitment to provide practical and well designed products at most Distribution Network reasonable prices. Strong brand
Slide 26: Business Strategy
Business Strategy
Slide 27: Capitalize on Growing Market Opportunities
Capitalize on Growing Market Opportunities Focus on Product Design Focus on product design and development to cater to ever evolving fashion trends with stress on quality and packaging. . Expand Product Portfolio Capitalize on the Brand Recall by enhancing our product offering in various segments Im
Slide 28: Industry Overview
Industry Overview
Slide 29: Innerwear Segment Overview
Innerwear Segment Overview Overview Among the core apparel categories, innerwear appears to be a potential growth India’s Growing apparel Market category across all segments The Indian apparel sector is expected to grow from ₹ 1,709 billion in 2010 to ₹ 4,700 billion by 2020E, representing a CAG
Slide 30: Industry Overview: Men's and Women's Innerwear Market
Industry Overview The Men’s Innerwear Market Women’s segment set to outpace The men’s innerwear market, in India, is increasing its base size at Men’s segment a promising rate. 35000 the men’s innerwear segment is likely to grow from ₹ 4,790 crore in 2009 to ₹ 13,666 crore in 2020E. 30000 On t
Slide 31: Financial Highlights
Financial Highlights
Slide 32: Financial Highlights - Profit & Loss Accounts
Financial Highlights - Profit & Loss Accounts (₹ in Million) Particulars FY17 FY18 FY19 Revenue from operations 2,315 2,224 2,075 Gross Profit 906 940 863 GP Margin (%) 39.12% 42.29% 41.60% EBDITA 155 105 36 EBDITA Margin (%) 7% 5% 2% Other Income 12 13 20 Depreciation and amortization expense 34 34
Slide 33: Key Operating Metrics
Key Operating Metrics Yyv Inventory Holding Days Debt Equity Ratio 280 0.70 200 0.60 0.50 150 0.40 100 0.30 0.20 50 0.10 0.00 ° FY2019 FY2018 FY2017 FY2019 Fv2018 FY2017 Dabtors Days . Creditors Days 120 4 40 4 100 +4 i i ( : 39 4 20 38 6o 37 4 40 4 al 36 ° co : 7 FY2019 FY2018 FY2017 FY2019 FY2018
Slide 34: For further information, please contact
For further information, please contact COMPANY: INVESTOR RELATIONS ADVISORS: VIP Clothing Limited Marathon Capital Advisory Private Limited CIN: L18101MH1991PLC059804 CIN: U67190MH2003PTC143425 Mr. Ashish Mandaliya (CFO & Company Secretary) Mr. Amit Porwal Tel: +91 -22 - 40209000 Tel : +91-22-40030