Pc Jeweller Ltd. · NSE:PCJEWELLER
Pc Jeweller — Q2 FY2020 Earnings Presentation
23 slides from Pc Jeweller's earnings presentation, Nov 14, 2019
Slide 1: Management Presentation cover letter to exchanges
2) Date: November 14, 2019 Pp C] Jeweller for generations To, To, The Listing Compliance Department, The Listing Compliance Department, BSE Limited, - National Stock Exchange of India Limited, P. J. Tower, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Mumbai — 400 001 Bandra (East), Mumbai - 4
Slide 2: PC Jeweller Ltd Results Presentation
PC Jeweller Ltd Results Presentation November 14th, 2019
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by PC Jeweller Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securitie
Slide 4: Financial Updates
Financial Updates
Slide 5: Quarterly highlights
Quarterly highlights Q2 FY 2020 Sales : Rs 1,125 crores Q2 FY 2020 EBITDA : Rs 142 crores Q2 FY 2020 PBT : Rs 43 crores Q2 FY 2020 PAT : Rs 40 crores Q2 FY 2020 Domestic Retail Sales : Rs 1,031 crores Q2 FY 2020 Export Sales : Rs 94 crores
Slide 6: Highlights: Overall Business
Highlights: Overall Business Particulars (Rs. Crores) Q2 FY 2020 Q2 FY 2019 H1 FY 2020 H1 FY 2019 Revenue from Operations 1,125 1,635 2,473 4,058 Domestic Retail 1,031 1,550 2,254 3,166 Exports 94 85 219 892 Gross Margins (%) 16.7% 16.7% 15.9% 14.5% Domestic Retail 18.1% 17.2% 17.3% 16.5% Exports 1.
Slide 7: Highlights: Domestic Business and Export Business
Highlights: Domestic Business Particulars (Rs. Crores) Q2 FY 2020 Q2 FY 2019 H1 FY 2020 H1 FY 2019 Revenue from Operations 1,031 1,550 2,254 3,166 Gross Margins (%) 18.1% 17.2% 17.3% 16.5% EBITDA Margins (%) 14.2% 13.5% 14.0% 12.8% PBT Margins (%)* 5.1% 7.7% 5.8% 8.9% PAT Margins (%) 4.7% 5.6% 4.4%
Slide 8: Key Balance Sheet items
Key Balance Sheet items Liabilities Assets Standalone (Rs. Crores) 31st Mar 2019 30th June 19 30th Sep 19 Standalone (Rs. Crores) 31st Mar 2019 30th June 19 30th Sep 19 Liabilities Inventory 4,988 5,092 5,310# Total Bank Exposure 3,243 3,199 2,995 Receivables 1,773 1,618 1,631 (including gold loans)
Slide 9: Business Updates
Business Updates
Slide 10: Industry Scenario – Q2 FY 20
Industry Scenario – Q2 FY 20 • Indian jewellery demand during Q2 at 101.6 tonnes was almost a third lower y-o-y due to weaker consumer sentiment. • There was a decline of nearly 51% in Indian Bullion imports on Q-o-Q basis. • Overall Jewellery demand suffered primarily due to following reasons • Sud
Slide 11: Financial Analysis – Q2 FY 20
Financial Analysis – Q2 FY 20 • There was a de-growth in the domestic jewellery sales in Q2 after a sudden surge in gold prices in mid June. The company had to resort to extensive promotional schemes during Aug-Sep to provide some momentum to the sales. • The company has however managed to maintain
Slide 12: Financial Analysis – Q2 FY 20
Financial Analysis – Q2 FY 20 • The export margins in Q2FY20 are lower then those of comparative quarter on account of incorporation of ECL provisions. • The company has made a provision of expected credit loss on its receivables amounting to Rs 24.1 cr which has reduced the EBITDA by commensurate a
Slide 13: New Brand Identity
New Brand Identity The company has changed its branding in this quarter by introducing new logo as well as revamping its packaging and display material.
Slide 14: New Brand Identity
PGI New Brand Identity PC Jeweller
Slide 15: Sub Brand
Sub Brand Coined from the Sanskrit word ‘ashva’, the name Azva symbolizes the seven vows every couple takes/says on their wedding day. Azva celebrates the wedding vows with 22-karat Indian gold jewellery designs that are resplendent.
Slide 16: Sub Brand
fey, (pcs) Sub Brand ‘ae, PC Jeweller
Slide 17: Sub Brand
Sub Brand LoveGold has ignited the world’s desire for Gold jewellery with the new generation. It has achieved to combine powerful elements like style, designers and jewellery to create aspirational content for the youth.
Slide 18: Sub Brand
Sub Brand The Mirosa woman is younger, With aspirations and desires, she wants to be a part of this beautiful universe. She wants to stand out, she wants to leave her mark. A collection which has a variety of range for working women.
Slide 19: Sub Brand
Sub Brand Weddings are celebrated in the most colorful and vivid way. Every occasion is important. So is the jewelery adorned to complete your ensemble. Inayat is the wedding wear for every occasion.
Slide 20: Sub Brand
Sub Brand An innate ode to the colorful mosaic of Royal Rajasthan. A collection which uniquely personifies the Grandeur of the state embedded with the spirits of crafts which have been meticulously passed on from the generations.
Slide 21: Collection
Collection A place where our company PC Jewellers has it’s innate roots. Drawing inspiration from the Lal Quila’s intricacy of the architecture. The collection incorporates never used before technique of “Mokumegane” made in 22k Gold which makes the collection exclusive and unique.
Slide 22: Collection
Collection atl Oiiilea \ Nation's Culture; Carved in Gold! h: - ae Magnificent Noct PC Jeweller
Slide 23: Thank you
© PC Jeweller Thank you