Som Distilleries & Breweries Ltd. · NSE:SDBL
Som Distilleries & Breweries — Q1 FY2023 Earnings Presentation
21 slides from Som Distilleries & Breweries's earnings presentation, Jul 21, 2022
Slide 1: Cover letter to stock exchanges: Investors Presentation Q1 FY2023
SOM DISTILLERIES AND BREWERIES LIMITED Registered Office: I-A, Zee Plaza, Arjun Nagar, Safdarjung Enclave, Kamal Cinema Road, New Delhi - 110029 Phone: +91-11-26169909, 26169712 Fax: +91-11-26195897 Corporate Office: SOM House, 23, Zone II, M.P. Nagar, Bhopal, Madhya Pradesh – 462011 Phone: +91-755-
Slide 2: Earnings Presentation Q1 FY2023
SOM Distilleries & Breweries Limited (BSE: 507514, NSE: SDBL) Earnings Presentation Q1 FY2023
Slide 3: Safe Harbor
Safe Harbor This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to SOM Distilleries & Breweries’ future business developments and economic
Slide 4: Highlights
Highlights
Slide 5: Performance Highlights
Performance Highlights Key Highlights: Q1 FY2023 vs Q1 FY2022 Beer Sales Volume IMFL Volume Net Debt / EBITDA 47.3 Lakh Cases 1.9 Lakhs Cases 2.9x +374% 164% (Mar-2022: 10.2x) Total Income EBITDA PAT Rs. 2,561 mn Rs. 359 mn Rs. 257 mn +406% Margin: +14.0% Margin: +10.0% 4
Slide 6: Performance Discussion
Performance Discussion Key Discussion Themes: Q1 FY23 • Highest ever quarterly Beer Volumes; around 70% of 12M FY22 and ~60% of 12M FY2020 (pre- pandemic year) Volume and • Beer Revenue of Rs. 2,395 million; over 75% of 12M FY22 and over 60% of 12M FY2020 Sales • Our mainline brands; Hunter, Black F
Slide 7: Management Commentary
Management Commentary Since completion of our capex plan, Q1 FY23 was first ever season that we were able to fully capitalize, which is reflected in our stellar performance across all financial and operational metrics. This performance is also a testament to the quality of our product and aligned cu
Slide 8: Financial Highlights
Financial Highlights
Slide 9: Performance Highlights
Performance Highlights Q1 Y-o-Y 12 Months Y-o-Y (Rs. Million) FY2023 FY2022 Growth (%) FY2022 FY2021 Growth (%) Total Income 2,561 506 405.6% 3,655 2,901 26.0% Gross Profit 1,116 236 373.2% 1,581 1,247 26.8% Margin (%) 43.6% 46.6% 43.3% 43.0% EBITDA 359 (57) nm 196 (70) nm Margin (%) 14.0% nm 5.4% n
Slide 10: Leverage Profile
Leverage Profile Jun 30 Mar 31 Dec 31 • Gross Debt reduced by Rs. 171 million (Rs. Million) 2022 2022 2021 and Net Debt reduced by Rs. 160 million Secured Borrowings 1,226 1,393 1,369 • Significant improvement in leverage ratios Unsecured Borrowings 576 580 582 • Net Debt to LTM EBITDA of 2.9x compa
Slide 11: Operational Highlights
Operational Highlights
Slide 12: Volume Summary
Volume Summary Q1 Y-o-Y 12 Months Y-o-Y Lakh cases Growth Growth FY2023 FY2022 FY2022 FY2021 • Recorded best ever Q1 Beer Volumes; driven by (%) (%) strong growth across mainline brands Hunter 20.0 5.0 301% 24.8 22.4 10% • Power Cool recorded 7x volume compared to same period last year driven by enh
Slide 13: Millionaire Beer Brands – Volume Recovery
Millionaire Beer Brands – Volume Recovery 20.0 8.9 5.0 6.0 4.8 Quantity Sold (in lakh cases) Q1 FY2022 Q2 FY2022 Q3 FY2022 Q4 FY2022 Q1 FY2023 7.2 4.1 2.7 3.2 2.0 Q1 FY2022 Q2 FY2022 Q3 FY2022 Q4 FY2022 Q1 FY2023 19.4 13.4 7.2 4.4 2.8 Q1 FY2022 Q2 FY2022 Q3 FY2022 Q4 FY2022 Q1 FY2023 12
Slide 14: Sustainability
Sustainability
Slide 15: Environment: Committed to minimizing environmental impact
Environment: Committed to minimizing environmental impact across the full range of our operations Clean Technology • Seeks to improve its environmental performance by adopting cleaner production methods, promotion of energy efficient and environmental friendly technologies • Suitable processes and s
Slide 16: Social: Actively contributing to the community
Social: Actively contributing to the social, economic and environmental development of the community in which we operates Product Quality • Providing the best quality products and services to its consumers. SOM provides high-quality product assurance by - o Maintaining international standards and sp
Slide 17: Governance: Profitability hand in hand with responsibility
Governance: With strong sense of values and commitment, we believe that profitability must go hand in hand with a responsibility Experienced and Skilled Board of Directors • Optimal blend of Executive and Non-Executive Directors with an appropriate balance of skills, experience, diversity and indepe
Slide 18: Company Profile
Company Profile
Slide 19: SOM Distilleries: The only listed Beer and IMFL company in India
SOM Distilleries: The only listed Beer and IMFL company in India Beer Brands • SOM Distilleries & Breweries Limited (SDBL) is based in Bhopal and is one of the leading alcoholic beverages manufacturers in India • SDBL is primarily engaged in production of beer and blending and bottling of IMFL • Off
Slide 20: Compelling Investment Rationale
Compelling Investment Rationale • Only listed company in India having both Beer and IMFL, which complement each other and reduces the risk of seasonality while providing marketing efficiencies • Strong portfolio of brands including millionaire brands, Hunter, Black Fort and Power Cool • Continuous p
Slide 21: SOM Distilleries & Breweries Limited
SOM Distilleries & Breweries Limited (BSE: 507514, NSE: SDBL) (CIN: L74899DL1993PLC052787) Registered Office: Corporate Office: Zee Plaza, 1 - A SOM HOUSE Kamal Cinema Road 23, Zone II Arjun Nagar Maharana Pratap Nagar, Safdarjung Enclave Bhopal 462011 New Delhi 110029 Ph.: +91 755 427 8827 Nakul Se
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