Khadim India Limited · NSE:KHADIM
Khadim India — FY2022 Earnings Presentation
27 slides from Khadim India's earnings presentation, Jun 1, 2022
Slide 1: Cover letter to BSE and NSE: Investor Presentation
June 01,2022 K KHADIM The Manager The Manager The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of lndia Limited P. J. Towers Exchange Plaza, Bandra Kurla Complex Dalal Street, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 Scrip Code - 540775 Symbol -
Slide 2: Khadim India Limited Q4 & FY22 Result – May 2022
KHADIM INDIA LIMITED Q4 & FY22 RESULT – MAY 2022 www.khadims.com
Slide 3: Forward-looking statements disclaimer
This presentation and the following discussion may contain “forward looking statements” by Khadim India Limited (“Khadim” or the Company) that are not historical in nature. These forward looking statements, which may include statements relating to future results of operations, financial condition, b
Slide 4: Company Overview
Slide 5: Company history and milestones
• Acquired and took • Commenced • Accredited with • Investment by over the business retail ISO 9001:2000 FairwindsTrust of M/s S.N. operations in certification for ees Services • Listed on NSE Industries as a South India with respect to (Reliance • Expanded & BSE with an going concern with with two
Slide 6: Company Overview: Two-pronged strategy and asset light model
1. Two-pronged Market Strategy • Two distinct business models – Retail & ‘Affordable Fashion’ for the Distribution. entire family for every occasion • Each segment has its own customer base , product range and sales channels. COMPANY OVERVIEW RETAIL DISTRIBUTION An all-encompassing reach on the foot
Slide 7: Company Overview: Leading footwear brand, reach and design
COMPANY OVERVIEW 4. Extensive Reach & Presence • Retail presence across 23 states & 1 union territory 3. Leading Footwear Brand in India • 782 ‘Khadim’s’ branded retail stores (Mar-22) 5. Strong Design Capabilities • 2nd largest footwear retailer in India • Wide network of 627 distributors selling t
Slide 8: Extensive Geographical Reach & Penetration
EXTENSIVE GEOGRAPHICAL REACH & PENETRATION Presence in 23 States & 1 Union Territory Retail Stores Distributors Retail Stores 1 Distributors 3 2 12 5 1 Brand Network Retail Stores – Tier wise 1 2 8 18 44 49 53 45 1 2 Retail Stores 782 Metros 91 42 19% 4 11 1 - COCO 207 Tier I 48% 27 11 28 30 14 14 2
Slide 9: PREFERENCE
eS. IF — | A = STYLISHLY URS
Slide 10: Media coverage
siness Standard SPONSORED CONTENT nts Khadim India Ltd has registered 120 per cent YoY growth in PAT for FY22 e000 * Ambassador “ony aura ‘Revenue fom operation for GyFvaa stood st Re 15654 millon (tout nvasiratonal busines) Khadim ropes in Shardul Thakur as Brand Khadim ropes In cricketer Shardul T
Slide 11: Key Performance Highlights: FY22
Key Performance Highlights : FY22 • Revenue for the year stood at Rs 5,911 mn which was higher by 14.5% year on year (excluding institutional sales of Rs.1101.19 mn in FY21). The topline recovery was encouraging with Q3 & Q4 reaching pre-COVID levels. Retail and Distribution verticals registered hea
Slide 12: Key Performance Highlights: Q4 FY22
Key Performance Highlights : Q4 FY22 • This quarter was marked by the third wave of COVID and ensuing lockdown which affected our performance. Sales for Q4FY22 stood at Rs.1561.64 mn (without any institutional business) as compared to Rs.2699.51 mn in Q4FY21 (including Rs.1101.19 mn institutional bu
Slide 13: Q4 & FY22 Results: Segment Analysis
Q4 & FY22 RESULTS: SEGMENT ANALYSIS Q4 FY22 YoY ANALYSIS – REVENUE* BREAKUP FY22 YoY ANALYSIS – REVENUE* BREAKUP 590.4 9% 13% 2,512.5 646.1 2,232.6 1,060.7 -13% 15% 3,521.3 918.8 3,060.2 Q4 FY21 Q4 FY22 FY21 FY22 Retail Distribution Retail Distribution Segment Share % Q4 FY21 Q4 FY22 Segment Share %
Slide 14: Consolidated Profit & Loss Statement
CONSOLIDATED PROFIT & LOSS STATEMENT Particulars (In Rs Mn) Q4 FY22 Q4 FY21 YoY % Q3 FY22 QoQ % FY22 FY21 YoY % Revenue from Operations 1,561.6 2,699.5 -42.2% 1,850.4 -15.6% 5,910.8 6,261.8 -5.6% Cost of Materials consumed 518.3 429.2 555.0 1,970.3 1,416.0 Purchase of stock-in-trade 456.3 1,668.4 59
Slide 15: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Equity & Liabilities (₹ in mn) Mar’22 Mar’21 Assets (₹ in mn) Mar’22 Mar’21 Equity Share Capital 179.7 179.7 Property, plant and equipment 1,047.0 1,140.7 Other Equity 1,895.6 1,828.8 Capital Work-in-Progress 8.5 9.5 Total Equity 2,075.3 2,008.5 Goodwill 963.3 1,153.5 Non-
Slide 16: Business Strategy and Outlook
KR KHADIM BUSINESS STRATEGY | hl OUTLOOK
Slide 17: Business Model: Two-pronged strategy
Business Model TWO-PRONGED STRATEGY RETAIL BUSINESS DISTRIBUTION BUSINESS 782 ‘Khadim’s exclusive branded outlets 627 distributors supplying to MBOs across India Reach Middle & upper middle income consumers in Lower- & middle-income consumers in Tier I – III metros (incl. mini metros), Tier I – III
Slide 18: Growth Strategy
Growth Strategy Expand Store Network pan-India with focus on Premiumisation, Asset Light Model & optimum capacity utilisation RETAIL BUSINESS DISTRIBUTION BUSINESS Increase penetration in the Eastern and Focus on penetration in existing markets in Southern Markets and expand retail Eastern and South
Slide 19: Wide product range across various categories and price points
‘Affordable Fashion’ brand catering to the entire family for all occasions MEN / WOMEN / KIDS Fashionable & casual footwear for value conscious customers WIDE PRODUCT Menswear RANGE ACROSS Formal shoes & sandals using Menswear Semi-formal & casual shoes / sandals, using Men & Women wear Sports / act
Slide 20: Distinct brand positioning for various market segments
DISTINCT BRAND POSITIONING FOR VARIOUS MARKET SEGMENTS Khadim’s brand presence and product range makes it capable to address ~85% of the total Indian footwear market potential Footwear Market Segmentation (MRP at retail stores in Rs) Distinct brand positioning to target customers Across all price se
Slide 21: Performance Track Record
PERFORMANCE TRACK RECORD
Slide 22: Quick Snapshot
QUICK SNAPSHOT In Rs Mn Revenues & Gross Margin EBITDA & EBITDA Margin PAT & PAT Margin 10.1% 5.1% 37.9% 37.9% 36.4% 37.2% 8.1% 2.6% 7.1% 1.1% 7,489 28.8% 757 4.0% 379 7,992 7,719 570 0.6% 212 6,262 5,911 478 -4.0% -5.3% 64 305 35 -329 -312 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY 18 FY1
Slide 23: Revenues by segment, retail and distribution
In Rs Mn (I-GAAP) Revenues – Segment wise Retail Revenues – COCO vs Franchises Retail Revenues – Khadim’s vs Sub-brands 22% 24% 26% 32% 40% 39% 41% 46% 42% 45% 52% 57% 57% 60% 57% 73% 66% 63% 47% 57% 54% 58% 61% 59% 55% 48% 43% 43% 40% 43% 21% 5% 10% 11% 3% FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY
Slide 24: Promoter, Board of Directors & Management Team
PROMOTER, BOARD OF DIRECTORS & MANAGEMENT TEAM
Slide 25: Promoter, Board of Directors & Management Team
PROMOTER, BOARD OF DIRECTORS & MANAGEMENT TEAM Siddhartha Roy Burman Chairman & Managing Rittick Roy Burman Ritoban Roy Burman Wholetime Director Non-Executive, Director Director • Bachelor’s degree in commerce from University of • Associated with the Company since its Calcutta • He is a graduate in
Slide 26: Experienced Management Team
EXPERIENCED MANAGEMENT TEAM Namrata Chotrani Indrajit Chaudhuri CEO CFO • She was associated with KPMG & Fairwinds Asset • 20+ yrs of experience in finance& accounts, taxation Managers Limited (since 2012) and has a total and strategic planning experience of over nine years in tax, private equity •
Slide 27: Contact details
NAMRATA CHOTRANI - CEO Contact No : +91 33 40090501 Email - namrata.chotrani@khadims.com Nachiket Kale/ Rajesh Agrawal +91 9920940808 /+91 99674 91495 INDRAJIT CHAUDHURI - CFO nachiket.kale@linkintime.co.in Contact No : + 91 33 40090505 rajesh.agrawal@linkintime.co.in Email - indrajit.chowdhury@khad