V.i.p.industries Ltd. · NSE:VIPIND
V.i.p.industries — Q3 FY21 Earnings Presentation
13 slides from V.i.p.industries's earnings presentation, Feb 3, 2021
Slide 1: Cover letter to BSE and NSE
3rd February, 2021 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal St, Kala Ghoda, Fort, Plot No. C/1, G Block, Mumbai – 400001 Bandra Kurla Complex, Bandra (East), Mumbai – 400 051. Code No. 507880, 959848 and 959982 Code – VIPIND Subjec
Slide 2: Investors Update Q3 FY21 February 2021
May Investors Update Q3 FY21 February 2021
Slide 3: Contents
Contents Company Overview Consolidated Financial Results Financial Highlights Other Expenses Key Financial Metrics Cash Flow
Slide 4: Company Overview
Company Overview VIP Industries Ltd. is Asia’s largest and the world’s second largest luggage architect, headquartered in Mumbai. A public limited Indian company manufacturing luggage and travel accessories, VIP Industries Ltd. has more than 8000 retail outlets in its armoury apart from a well-devel
Slide 5: Consolidated Financial Results
Consolidated Financial Results Rs. in Crores Quarter ended Nine months ended Year ended Particulars Dec-20 Sep-20 Dec-19 Dec-20 Dec-19 Mar-20 Income from Operations 243 108 432 408 1,414 1,731 Material Consumed 143 63 202 229 674 806 Employee Cost 31 30 56 99 169 210 Others Expenses 51 32 104 116 30
Slide 6: Financial Highlights
Financial Highlights • Q3 revenue impacted due to COVID-19. Revenue at 56% of last year December quarter at 243 Cr • Gross Margin is 41% mainly due to higher discounts and high mix of India produced goods sale rather than Bangladesh production • Overall Expense is down by 49% as compared to last yea
Slide 7: Other Expenses
Other Expenses Rs. in Crores For the Quarter ended Nine months ended Year ended Particulars Dec-20 Sep-20 Dec-19 Dec-20 Dec-19 Mar-20 Job Work Charges 2.6 0.8 5.9 3.7 16.1 23.5 Electricity, Power & Fuel Expenses 2.8 1.9 5.5 6.0 15.8 21.0 Rent 2.3 2.2 0.5 5.4 3.8 4.2 Repairs 2.9 2.3 3.0 7.2 8.2 11.6
Slide 8: Key Financial Metrics
Key Financial Metrics Net Debt Net Current Assets - - 379 Dec-20 Dec-19 274 Dec-20 Dec-19 Investments & Cash & Bank Borrowings 219 148 70 1 Dec-20 Dec-19 Dec-20 Dec-19
Slide 9: Key Financial Metrics – Q3
Key Financial Metrics – Q3 Revenue Gross Margin 525 60% 53% 432 450 50% 41% 42% 375 40% 300 243 30% 225 20% 150 108 75 10% - 0% Dec-20 Sep-20 Dec-19 Dec-20 Sep-20 Dec-19 EBITDA PBT before Exceptional Item 30% 50 42 16% 30 10% 8% 10 -10 Dec-20 Sep-20 Dec-19 Dec-20 Sep-20 Dec-19 -8 -10% -30 -16% -50 -
Slide 10: Key Financial Metrics – YTD Dec
Key Financial Metrics – YTD Dec Revenue Gross Margin 1,600 1,414 60% 1,400 52% 50% 44% 1,200 1,000 40% 800 30% 600 408 20% 400 200 10% - 0% YTD Dec'20 YTD Dec'19 YTD Dec'20 YTD Dec'19 EBITDA PBT before Exceptional Item 25% 200 186 19% 20% 160 15% 120 10% 80 5% 40 0% - YTD Dec'20 YTD Dec'19 YTD Dec'2
Slide 11: Standalone Cash Flow
Standalone Cash Flow Rs. in Crores Actual Actual Actual Particulars Q1 FY21 Q2 FY21 Q3 FY21 Collections 117 143 304 Total Inflows 117 143 304 Payments Employee Payments 49 38 33 Chinese Vendors 5 11 34 Indian Vendors 17 20 52 Bangladesh Companies 33 19 42 Other Expenses 20 57 86 Total Outflows 124 1
Slide 12: Disclaimer
Disclaimer • Statements in this presentation, particularly those which relate to management’s views and analysis, describing the Company’s objectives, projections, estimates and expectations may constitute “forward looking statements” within the meaning of applicable laws and regulations. • Actual r
Slide 13: Thank you
Thank you V/P