Radico Khaitan Limited · NSE:RADICO
Radico Khaitan — Q2 FY2018 Earnings Presentation
21 slides from Radico Khaitan's earnings presentation, October 2017
Slide 1: Radico Khaitan Limited Earnings Presentation Q2 and H1 FY2018
Radico Khaitan Limited (BSE: 532497; NSE: RADICO) Earnings Presentation Q2 and H1 FY2018
Slide 2: Q2 FY2018 Performance Highlights
Q2 FY2018 Performance Highlights Quality earnings and robust cash flows Volumes growth driven by Prestige & Above category Total volume +4.3%; Prestige & Above +6.5% Ongoing profitability improvement EBITDA +16.3%; Total Comprehensive Income +28.8% Strong cash flow generation and ongoing deleveragin
Slide 3: Q2 FY2018 Performance Highlights
Q2 FY2018 Performance Highlights Total volume growth led by Prestige & Above category brands and driving all round financial performance +4.3% +6.5% +16.3% +28.8% 44.84 46.77 11.99 12.77 56.07 65.23 21.81 28.09 Q2 FY17 Q2 FY18 Q2 FY17 Q2 FY18 Q2 FY17 Q2 FY18 Q2 FY17 Q2 FY18 Total IMFL Volume Prestig
Slide 4: Q2 FY2018 Performance Highlights
Q2 FY2018 Performance Highlights Ongoing reduction in leverage and improvement in capital structure ratios Net debt reduction Leverage ratio improvement Net Worth strengthened Total Debt/Equity improvement 72 (Rs. Cr.) 0.55 x +5.3% 0.11 x 784.97 712.71 3.72 3.17 1,029.89 1,084.32 0.78 0.67 Mar-17 Se
Slide 5: Performance Highlights
Performance Highlights Ongoing focus on deleveraging; Total Debt reduced by Rs. 72 Cr during H1 FY2018 Q2 FY2018 vs. Q2 FY2017 H1 FY2018 vs. H1 FY2017 o Revenue from Operations (Net) of Rs. 448.19 Cr (+0.6%) o Revenue from Operations (Net) of Rs. 859.48 Cr (-1.6%) o IMFL Revenue of Rs. 346.34 Cr (+7
Slide 6: Management Perspectives
Management Perspectives Commenting on the results and performance, Dr. Lalit Khaitan, Chairman & Managing Director said: “Building on a strong start to the current financial year, Radico Khaitan reported stellar performance during Q2 FY2018. This quarter’s performance is a testament to the strong fu
Slide 7: Performance Overview
Performance Overview Q2 y-o-y Half Year y-o-y Full Year FY2018 FY2017 Growth (%) FY2018 FY2017 Growth (%) FY2017 Operational Performance (Lakh Cases) Prestige & Above 12.77 11.99 6.5% 25.93 25.38 2.2% 47.49 Regular & Others 34.00 32.85 3.5% 67.75 69.26 (2.2)% 135.11 Total Volume 46.77 44.84 4.3% 93.
Slide 8: Performance Overview
Performance Overview Q2 y-o-y Half Year y-o-y Full Year FY2018 FY2017 Growth (%) FY2018 FY2017 Growth (%) FY2017 Financial Performance (Rs. Crore) Revenue from Operations (Gross) 1,490.89 1,209.51 23.3% 2,866.35 2,420.55 18.4% 4,867.95 Revenue from Operations (Net) 448.19 445.42 0.6% 859.48 873.83 (
Slide 9: Performance Discussion
Performance Discussion Q2 FY2018 Highlights (Y-o-Y) o Revenue from Operations (Net): Revenue from Operations during Q2 FY2018 grew by 0.6%. IMFL Revenue increased by 7.3% driven by an overall improvement in IMFL sales volumes. Total IMFL volumes increased by 4.3% as the impact of the highway liquor
Slide 10: Performance Discussion
Performance Discussion Q2 FY2018 Highlights (Y-o-Y) o Balance Sheet: As of September 30, 2017, Total Debt was Rs. 731.84 Crore, Cash & Cash Equivalents were Rs. 19.13 Crore resulting in Net Debt of Rs. 712.71 Crore (vs. Rs. 784.97 Crore as of March 31, 2017). Total Debt consists of Rs. 555.02 Crore
Slide 11: Company overview: One of the largest spirits manufacturers in India
Company overview One of the largest spirits manufacturers in India Strategically limiting 75 years of One of the largest interstate taxes and experience in spirits 1943 making. One of the 157 spirits manufacturers. Operates three 28 transport costs. Five own and 23 Year of most recognized Bottling M
Slide 12: Clearly defined strategic roadmap
Clearly defined strategic roadmap Focus on building brands and driving a profitable growth Strong cash flow generation and Innovation and brand building Premium growth deleveraging • Established track record: Magic Moments • Growth driven by Prestige & Above category • Focused on a profitable growth
Slide 13: New Product: Rampur Indian single malt
New Product Rampur Indian single malt Rampur Indian Single Malt Whisky: Decades of Perfection Takes forward the rich heritage of Rampur, a princely state of British India and the 75 years of distillation expertise of Radico Khaitan, the pioneers of legendary spirits in India. Aged in the foothills o
Slide 14: New Product: Electra ready-to-drink
New Product Electra ready-to-drink Exploring the wilderness within, the quest to conquer the usual and zest to go beyond limits, is what drives non conformists. To kick the boring out of their lives we have introduced a gush of raw adrenalin for them – Electra. Electra is triple distilled and triple
Slide 15: New Product: 1965 premium rum
New Product 1965 premium rum Earnings Presentation | Q2 FY2018 14 14
Slide 16: New Product: Regal Talons whisky
New Product Regal Talons whisky Regal Talons Rare Generation Whisky: Unbeatable Spirit The finest blend that combines Indian grain spirits with imported aged scotch malts to deliver an exceptional smoothness. Regal Talons has been especially made for those who believe in conquering and always emerge
Slide 17: Statutory Results
Statutory Results Statement of Unaudited Standalone Financial Results for the quarter and half year ended September 30, 2017 Rs. In lakhs Rs. In lakhs No. Particulars (1) (2) (3) (4) (5) (6) No. Particulars (1) (2) (3) (4) (5) (6) Quarter Quarter Quarter Half year Half year Year Quarter Quarter Quar
Slide 18: Statutory Results
Statutory Results Statement of Standalone Assets & Liabilities under regulation 33 of the Listing Regulations Rs. In lakhs Rs. In lakhs As at As at As at As at Particulars September March Particulars September March 30, 2017 31, 2017 30, 2017 31, 2017 ASSETS EQUITY AND LIABILITIES Non-current assets
Slide 19: Statutory Results
Statutory Results Second Quarter Results for Fiscal Year 2018 Notes: 1. The above results were reviewed by the Audit Committee and were approved and taken on record by the Board of Directors in their meeting held on 24th October 2017. 2. This statement has been prepared in accordance with the Compan
Slide 20: Contact information
Contact information 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 Radico Khaitan’s future business developments and economic perfo
Slide 21: Radico Khaitan Limited
Radico Khaitan Limited (CIN: L26941UP1983PLC027278) J-I, Block B-I, Mohan Co-operative Industrial Area, Mathura Road,, New Delhi-110044 Ph.: +91-11-40975400/5500 Fax: +91-11-41678841/42 www.radicokhaitan.com