Its been a very long term holding and i am confortable holding it for next 10-15 years. I believe the company has a great moat and its not easy to develop a brand which is scalable. When it comes to PE yes it is expensive but my view is if economy grows and disposable income grows the companies like Trent Titan and other consumer focussed company with aspirational brand will continue to grow at higher double digit and that shud help company to grow at double digit CAGR.
Having a relaistic expectation of return at this PE with holding period of 5 or more year may make it more comfortable to hold such companies
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