Dollar Industries Ltd. · NSE:DOLLAR
Dollar Industries — Q1 FY2022 Earnings Presentation
43 slides from Dollar Industries's earnings presentation, Aug 9, 2021
Slide 1: Cover letter to stock exchanges
09-08-2021 BSE Limited , ~i:)ecretary, Pbiroze Jeejeebboy Towers, ailonal Sto<,k Excbange ofindia Ltd., Dalal Street, Exctlimge Pla1za, C-], Block 'G', Mumbai - 400 001 lBand'r a-Kurla Complex, Bandra (E), Mumbai - 400051. Scri~ Code :541403 ~vlhbol- DOLLAR Dear Sires), Reg: Presentation to be made
Slide 2: Dollar Industries Ltd Q1FY22 Investor Presentation
Dollar Industries Ltd Q1FY22 Investor Presentation Q1FY22Refer to Disclaimer Investor Presentation 1
Slide 3: Core Topics
CORE TOPICS About Us Annual Financial Highlights 1 - Vision & Mission - Profit & Loss; Ratios - Background; Our Journey - Our Network / Our Strengths - Value Chain & Manufacturing Facilities 5 - Balance Sheet - Working Capital Ratios - Other Key Ratios Brand Portfolio Annual Operational Highlights 2
Slide 4: Disclaimer
Disclaimer This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any securities of Dollar Industries Ltd (“Dollar”, "Company“), nor shall part, or all, of this document form the basis of, or be relied on in connection with, a
Slide 5: Vision & Mission
VISION & MISSON Vision Mission Dollar in everyone’s life To emerge as India’s leading and most-loved innerwear brand. MEDIUM TERM VISION To make fashionable yet affordable outerwear and innerwear. We aspire to metamorphize the company into an aspirational brand by offering premium and super prem
Slide 6: Background
BACKGROUND 49 Established by Commissioned a Dollar revamped it’s 1000+ Distributors 1000+ 4MW solar power Brand Identity and Years of Industry Shri Dindayal Gupta plant generating 75 introduced the new Strength of our Experience in 1972 as lakhs power units Brand Architecture 1 Lac+ Retailers Distri
Slide 7: Our Journey (1/2)
OUR JOURNEY ( 1 / 2 ) 1972-73 1994-95 Started as Bhawani Textiles Dollar begins exports to Middle East & other under the leadership of countries. Dindayal Gupta. 2004-05 Roped in Salman Khan as the brand ambassador of Dollar Club. Received the National Award in the ‘Best Brand’ 2007-08 category and
Slide 8: Our Journey (2/2)
OUR JOURNEY ( 2 / 2 ) 2015-16 Established >80,000 MBOs across India. Emerged as the highest-selling Indian innerwear brand in 2016-17 Middle East. • Entered the MRT and E-commerce segments. Carved out 15% share of the branded innerwear market • Secured 2% of overall revenues from Force NXT within a
Slide 9: Our Network
OUR NETWORK Domestic Network International Network Ludhiana Delhi Kolkata Tirupur Manufacturing facilities UAE , OMAN, JORDAN, QATAR, KUWAIT, BAHRAIN, YEMEN, IRAQ, NEPAL, Branch Network MYANMAR, NIGERIA, KENYA, BASRA, ALGERIA, UKRAINE Q1FY22 Investor Presentation 8
Slide 10: Our Strengths
OUR STRENGHTS SENSIBLE INVESTMENTS IN MANUFACTURING ASSETS DISTINGUISH ITS PRODUCTS FROM ITS PEERS YOUNG ASSET QUALITY HELPING US TO REAP MULTIPLE BENEFITS AFFORDABLE OPTIMUM HIGH YARN QUICKER PRICES vis-à- LOW LOW ASSET LABOUR THICKNESS OFF-TAKE* vis HIGH REJECTS WASTAGE UTILIZATION OUTPUT# QUALITY
Slide 11: Manufacturing Facilities
M A N U FAC T U R I N G FAC I L I T ES Q1FY22 Investor Presentation 10
Slide 12: Value Chain
VALUE CHAIN Q1FY22 Investor Presentation 11
Slide 13: Manufacturing Capabilities
MANUFACTURING CAPABILITIES SPINNING KNITTING • The Company manufactures 100% cotton combed quality yarn in different count • Dollar’s knitted fabric range includes a wide variety of fabrics such as single ranges. jersey, pique and fleece. • Raw material is sourced from India and abroad. • Knitting m
Slide 14: Manufacturing Facilities: Dyeing & Bleaching
MANUFACTURING FACILITIES SPINNING KNITTING DYEING & BLEACHING DYEING SALVOS Q1FY22 Investor Presentation 13
Slide 15: Brand Evolution & Brand Portfolio
B R A N D E VO LU T I O N & B R A N D P O RT FO L I O Q1FY22 Investor Presentation 14
Slide 16: Brand Evolution
BRAND EVOLUTION Mr. Dindayal Gupta, the The mnemonic D stands for Dollar hit the airwaves founding Chairman, Dollar, for Dynamism and for with actor Salman Khan started Dollar in a busy the Determination to be a and the identity became corner of Kolkata part of every millennial an instant hit Indian
Slide 17: Our Brands
OUR BRANDS Standalone Brands Q1FY22 Investor Presentation 16
Slide 18: Quarter Performance Highlights
Q UA RT E R P E R FO R M A N C E HIGHLIGHTS Q1FY22 Investor Presentation 17
Slide 19: Key Highlights
KEY HIGHLIGHTS Revenue Growth ~28% Low interest propels PBT & PAT Continuous production Project Lakshya In spite of challenges faced in Finance Cost saw a sharp drop of In spite of intermittent lockdowns Project Lakshya achievements till date: Q1FY22, the company has 60% which aided PBT & PAT ac
Slide 20: Financial Highlights
FINANCIAL HIGHLIGHTS Standalone (Rs lacs) Particulars 1QFY22 4QFY21 1QFY21 Y-O-Y% Revenues 20,458.34 30,831.46 15,945.24 28.30 Other Income 91.40 212.57 17.55 420.80 ~29% Income from operations 20,549.74 31,044.03 15,962.79 28.74 Growth in Materials consumed 7,748.97 13,187.37 7,229.99 7.18 Net Inco
Slide 21: Growth Pillars
G ROW T H P I L L A RS Q1FY22 Investor Presentation 20
Slide 22: Growth Pillars
GROWTH PILLARS BRAND ARCHITECTURE RESTRUCTURING THE DISTRIBUTION INVESTING IN DIGITALISATION 2010 – Akshay Kumar hired as brand ambassador WHAT ARE WE DOING? • Auto Replenishment Systems (ARS) and • Replacing push model by replenishment model Distributor Management System (DMS) 2020 – Logo redesigne
Slide 23: Project Lakshya
PROJECT LAKSHYA Estimated Outlets Vs Mapped Outlets 100% 80% 77% 70% 60% 47% 48% 43% 40% 18% 19% 20% 0% ANDHRA PRADESH GUJARAT KARNATAKA MAHARASHTRA RAJASTHAN TELANGANA UTTAR PRADESH % of Pin codes Covered 100% 80% 73% 68% 60% 56% 40% 40% 28% 28% 22% 20% 0% ANDHRA PRADESH GUJARAT KARNATAKA MAHARASHT
Slide 24: Joint Venture with Pepe Jeans
JOINT VENTURE This partnership requires a capital influx of Rs 200 50-50 joint venture partnership under the name PEPE Jeans Innerfashion Pvt. Ltd. with crore with Dollar and PEPE to invest Rs 36 crore each PEPE Jeans Europe B.V over a period of 4 years and the rest to be funded by banks as working
Slide 25: Annual Financial Highlights
A N N UA L FINANCIAL HIGHLIGHTS Q1FY22 Investor Presentation 24
Slide 26: Profit & Loss
PROFIT & LOSS Standalone (Rs lacs) Particulars FY19 FY20 FY21 Revenues 1,02,875.52 96,710.00 1,03,695.57 Other Income 220.96 471.20 348.13 Income from operations 1,03,096.48 97,181,20 1,04,043.70 Materials Consumed 43.353.72 44,486.70 44,527.79 Employee Cost 3,362.58 4,206.91 4,462.83 Other expendit
Slide 27: P&L Ratios
P&L RATIOS Revenue from operations (Rs cr) Profitability 117.31 120 111.04 15.00 100 87.28 2020-21 1036.96 75.25 79.79 13.00 80 59.45 11.27 10.77 11.00 60 2019-20 967.1 8.21 9.00 40 8.39 7.30 7.00 20 6.12 2018-19 1028.75 0 5.00 2018-19 2019-20 2020-21 PBT (Rs cr) PAT (Rs cr) PBT Margin (%) PAT Margi
Slide 28: Balance Sheet
BALANCE SHEET Standalone (Rs lacs) EQUITY & LIABILITIES 2019 2020 2021 ASSETS 2019 2020 2021 EQUITY NON-CURRENT ASSETS (a) Equity Share Capital 1,134.32 1,134.32 1,134.32 Property, Plant & Equipment 7,009.27 6,888.66 7,882.15 (b) Other Equity 40,634.87 45,360.23 53,147.13 Capital Work-in-progress 20
Slide 29: Working Capital
WORKING CAPITAL Receivables (days) Payables (days) 2020-21 122.0 2020-21 55.5 2019-20 133.0 2019-20 59.6 2018-19 112.6 2018-19 55.3 100.0 105.0 110.0 115.0 120.0 125.0 130.0 135.0 53.0 54.0 55.0 56.0 57.0 58.0 59.0 60.0 Inventory (days) Working Capital (days) 2020-21 112.5 2020-21 178.6 2019-20 118.
Slide 30: Key Ratios
KEY RATIOS ROE (%) ROCE (%) 2020-21 16.1 2020-21 22.8 2019-20 12.8 2019-20 20.0 2018-19 18.0 2018-19 32.6 0 5 10 15 20 0 5 10 15 20 25 30 35 Asset Turnover (%) Debt / Equity (x) 2020-21 124.4 2020-21 0.22 2019-20 118.4 2019-20 0.44 2018-19 138.7 2018-19 0.53 105 110 115 120 125 130 135 140 145 0.00
Slide 31: Annual Operational Highlights
A N N UA L O P E R AT I O N A L HIGHLIGHTS Q1FY22 Investor Presentation 30
Slide 32: Revenue Contribution
REVENUE CONTRIBUTION FY 21 FY 20 FY 19 92% 90% 90% 6% 7% 7% 3% 3% 2% DOMESTIC EXPORT MODERN TRADE 43% 41% 42% ZONE WISE 30% 29% 27% 24% 22% 20% 7% 8% 7% EAST WEST NORTH SOUTH FY 21 FY 20 FY 19 Q1FY22 Investor Presentation 31
Slide 33: Brand Wise Contribution
BRAND WISE CONTRIBUTION 43% 42% 42% 34% 35% 31% 9% 9% 9% 8% 8% 7% 4% 4% 2% 3% 2% 2% 2% 1% 1% 1% 1% 1% BIG BOSS CHAMPION FORCE GO WEAR FORCE NXT MISSY REGULAR SOCKS THERMALS Q1FY22 Investor Presentation 32
Slide 34: Management Team
M A N AG E M E N T T EA M Q1FY22 Investor Presentation 33
Slide 35: Our Founder
OUR FOUNDER Shri Dindayal Gupta Chairman Emeritus & Founder Has more than five decades of experience in the body-wear business. Under his dynamic and inspiring leadership, the company has grown exponentially over the years and earned laurels across national and international markets with its present
Slide 36: Leadership Team
LEADERSHIP TEAM VINOD KUMAR GUPTA BINAY KUMAR GUPTA KRISHAN KUMAR GUPTA BAJRANG KUMAR GUPTA Managing Director Managing Director Whole Time Director Whole Time Director Qualification : Member of the Institute of Qualification: Bachelor of Commerce Qualification: Bachelor of Science (B.Sc) Qualificati
Slide 37: Our Professional Team (1/2)
OUR PROFESSIONAL TEAM (1/2) AJAY KUMAR PATODIA ABHISHEK MISHRA SHASHI AGARWAL Chief Financial Officer (w.e.f 10-08-2021) Company Secretary Senior VP – Corporate Strategy & IR Qualification : Chartered Accountant, Cost Qualification: Company Secretary from Qualification: Chartered Accountant from the
Slide 38: Our Professional Team (2/2)
OUR PROFESSIONAL TEAM (2/2) SHANTANU BANERJEE SANJAY SRIVASTAVA VEDPAL VERMA Krishna Kumar SONI GM – Marcom & Branding GM – Sales (All India) GM - Fabric GM – Spinning Division A Marketing professional with 20 plus years He is the General Manger of Sales (all Qualification: B.Tech ( Textile Technolo
Slide 39: ESG Framework
ES G F R A M E WO R K Q1FY22 Investor Presentation 38
Slide 40: Environment (E)
ENVIROMENT (E) SOLAR POWER PLANT WINDMILL ZERO LIQUID DISCHARGE • Dollar commissioned a 4 MW solar power • Dollar installed four windmills with a power • Dollar invested in an effluent treatment plant plant at their manufacturing facility in generation capacity of 4.95 MW. with zero liquid discharge
Slide 41: Social (S)
SOCIAL (S) Dollar Industries has a dedicated CSR Committee Chaired by the Managing Director Mr Vinod Kumar Gupta Dollar Foundation joined hands with Joined hands with Delhi Metro Rail Authority Kolkata Police and distributed food and (DMRA) to contribute and install water kiosks medical equipment to
Slide 42: Governance (G)
GOVERNANCE (G) Board of Directors - Composition Diverse and experienced Board of Director. Promoters have more than 3 decades of experience in the business / industry. 50% of the Board of Directors comprises of Independent Directors. Audit Committee - Composition Three fourths (3 out of 4 members) o
Slide 43: Thank You
THANK YOU For more information, Please contact Dollar Industries Ltd KAPTIFY® Consulting Ajay Kumar Patodia, Chief Financial officer Strategy & Investor Relations Advisory | Consulting Tel: +91-33-2288 4064 | Email: cfo@dollarglobal.in Tel: +91-845 288 6099 | Email: contact@kaptify.in www.dollarglob