Slide 1: Globus Spirits Limited Q3 FY'14 Investor Presentation
Globus Spirits Limited Q3 FY’14 INVESTOR PRESENTATION
Slide 2: 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 Globus Spirits’ future business developments and economic performance. W
Slide 3: Agenda
Agenda Q3 & 9mFY’14 Performance Key highlights…………………………………………………..04 Financial performance YoY analysis..…………………….05 Financial performance QoQ analysis…………………….09 Management’s review and outlook………………………11 Business Overview Strategic outlook………………………………………………15 Annexure Shareholding pat
Slide 4: Q3'FY14 Key Highlights
Q3’FY14 Key Highlights 360º model delivers growth despite tough market conditions Gross revenues up 1.8% YoY and 10.4% QoQ to reach Rs 1,678mn in Q3FY14 Manufacturing sees robust growth in franchisee bottling, bulk exports Franchisee bottling volumes (total) up 60% QoQ Rajasthan volumes up
Slide 5: Financial comparison - YoY
oh2 Ba) bi Ons Globus Spirits Financial comparison - YoY
Slide 6: Q3'FY14 YoY
Q3’FY14 YoY: 360º model cushions impact of decline in consumer businesses Figures in Rs Million Net Revenues EBITDA PAT Q3’FY14 1,245 80 1 Q3’FY13 1,352 202 107 Net sales and other operating income decline 7.9% YoY to reach Rs 1,245mn in Q3’FY14 impacted by continued challenging market conditions
Slide 7: Contribution from manufacturing increases
Contribution from manufacturing increases Figures in Rs Million Net revenue break-up Q3FY13 Q3FY14 Own IMFL Bulk Own IMFL 2% alcohol 1% Bulk 29% alcohol 32% IMIL 45% IMIL 51% Franchisee IMFL 6% Franchisee Others IMFL Others 12% 12% 10% Consumer businesses Manufacturing businesses Revenues from man
Slide 8: 9m'FY14: 360º strategy gives resilience to revenues
9m’FY14: 360º strategy gives resilience to revenues Figures in Rs Million Net Revenues EBITDA PAT 9m’FY14 3,757 372 105 9m’FY13 3,740 594 309 Net sales and other operating income up 0.4% YoY at Rs 3,757mn in 9m’FY14 as manufacturing volumes offset decline in consumer volumes and net realizations i
Slide 9: Financial comparison - QoQ
oh2 Ba) bi Ons Globus Spirits Financial comparison - QoQ
Slide 10: Q3'FY14 QoQ
Q3’FY14 QoQ: Marginal improvement in revenues on sequential basis Figures in Rs Million Net Revenues EBITDA PAT Q3’FY14 1,245 80 1 Q2’FY14 1,211 94 12 Net sales and other operating income up 2.8% QoQ to reach Rs 1,245mn in Q3’FY14 - 60% QoQ increase in aggregate franchisee volumes - 7% QoQ increas
Slide 11: Franchisee bottling sees aggressive growth
Franchisee bottling sees aggressive growth Figures in Rs Million Rajasthan bottling* Haryana Bottling Bulk Alcohol Sales 450 34 12 50.0 350 502 31 35 44.3 44.2 459 500.0 400 30 45.0 300 10 350 383 10 40.0 295 250 42% 400.0 300 76% 25 8 9 35.0 QoQ QoQ 20 30.0 200 250 300.0 207 6 25.0 200 150 217 15 2
Slide 12: IMIL growth revives in Haryana; Rajasthan accelerates
IMIL growth revives in Haryana; Rajasthan accelerates Volumes in ‘000 Cases, Net Realisations in Rs per case IMIL IMFL 2,500 50 453 500 427 289 289 45 450 2,000 40 400 120 124 35 350 1,500 6.5% 655 30 300 643 QoQ 31 25 250 1,000 1,180 20 200 1,068 21 15 150 500 10 100 5 50 - - - Q2'FY14 Q3'FY14 Q2'F
Slide 13: Management review of results
Management review of results “We are pleased to report strong growth in our bottling and bulk exports businesses as well as the beginning of a turn in our consumer businesses with positive signals from Haryana and return of strong growth in Rajasthan. The quarter has seen us strengthening our relati
Slide 14: Business Overview
oh2 Ons Globus Spirits Business Overview 14
Slide 15: Strategic outlook
Strategic outlook Near Term Strategy Present Future One of the largest grain based distilleries with Enter fast growing IMIL highest recovery markets in Eastern India, Maintain unique 360° starting with Bihar model of diversified Leader in North Indian business straddling the IMIL market, ma
Slide 16: GSL manufacturing presence
GSL manufacturing presence Samalkha & Hisar (HR): Installed Capacity at Manufacturing plants are 56.1 and 14.4 mn litres Setting up respectively manufacturing equipped with the latest facility in Bihar multi-pressure-distillation technology which converts Behror (RJ): grains to ENA directly leadin
Slide 17: Unique competitive strengths
Unique competitive strengths 360° business Strong Consumer Efficient Healthy balance- model portfolio Operations sheet •Only company •~50% share in •State-of-the-art •Funding for present across full revenues plants across three greenfield alcobev value chain •Leadership in key locations using latest
Slide 18: Brand showcase
Brand showcase New IMIL brand launched in the quarter Orange flavored IMIL brand ‘Malwa Express’ launched in the quarter Nimboo County Hannibal White Lace Club Legendary 1st IMIL brand in First GSL brand to 3rd largest India positioned as Whisky get approved for selling gin in awesome mix of prod
Slide 19: Annexure
oh2 bo bi Ons Globus Spirits Annexure 19
Slide 20: Shareholding Pattern
Shareholding Pattern As on 31st December, 2013* Outstanding shares – 23.0 mn Public & Others, 17.4% Corporate, Major Non-Promoter % 2.2% Shareholders* shareholding SBI Emerging Business Fund 7.98% DII, 11.7% IDFC Premier Equity Fund 3.48% FII, 1.6% Deutshce Bank AG 2.16% Promoters, 67.1% Note: *Temp
Slide 21: Q3'FY14: Profit and loss statement
Q3’FY14: Profit and loss statement Particulars (In ` Mn) Q3 FY14 Q3 FY13 YoY (%) Q2 FY14 QoQ (%) 9mFY14 9mFY13 YoY (%) FY13 Gross Sales 1,678.2 1,648.2 1.8% 1,520.6 10.4% 4,884.5 4,763.6 3% 6,411.5 Less- Excise duty 445.4 308.5 44% 320.9 39% 1,161.2 1,049.3 11% 1,423.0 Net Sales 1,232.8 1,339.8 -8%
Slide 22: About Us
About Us Established in 1992, Globus Sprits Limited (BSE code: 533104, NSE Id: GLOBUSSPR, ISIN Id:INE615I01010) is engaged in manufacturing, marketing and sale of Indian Made Indian Liquor(IMIL), Indian Made Foreign Liquor (IMFL), Bulk Alcohol and contract bottling for established IMFL brands. The C