Radico Khaitan Limited · NSE:RADICO
Radico Khaitan — Q1 FY2015 Earnings Presentation
15 slides from Radico Khaitan's earnings presentation, Aug 12, 2014
Slide 1: Radico Khaitan Limited Q1 FY2015 Earnings Presentation
Radico Khaitan Limited (NSE: RADICO; BSE: 532497) Q1 FY2015 Earnings Presentation August 12, 2014
Slide 2: Important Notice
Important Notice 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 performa
Slide 3: Financial Highlights
Financial Highlights Q1 FY2015 vs. Q1 FY2014 • Net Sales of Rs. 467.1 Crore • Prestige & Above brands volume growth of 12.3% • Prestige & Above brands increased from 17.9% to 20.8% of total IMFL volumes • Continued robust exports performance • Gross margins of 41.3%, an increase of 68 bps • Operatio
Slide 4: Management Perspectives
Management Perspectives Commenting on the results and performance, Dr. Lalit Khaitan, Chairman and Managing Director said: “We are pleased to report that despite an overall challenging environment in the spirits industry, Radico Khaitan has sustained its operational performance. With increasing cont
Slide 5: Economic Environment
Economic Environment Industry facing challenges of higher input costs and subdued volumes • As per the latest release by the India Sugar Mills Association (ISMA), the overall sugarcane acreage in 2014-15 sugar season is estimated to be 2% lower at 5.23 million hectares compared with the last year •
Slide 6: Financial Overview
Financial Overview Q1 FY2015 Financial Performance Q1 y-o-y Q4 q-o-q (Rs. Crore) FY2015 FY2014 Growth (%) FY2014 Growth (%) Net Sales 467.1 467.0 0.0% 449.8 3.8% Operational EBITDA 50.1 61.1 (17.9)% 40.1 25.2% Operational EBITDA Margin (%) 10.7% 13.1% 8.9% Net Income 16.6 22.5 (26.5)% 9.9 67.1% Net
Slide 7: Operational Performance
Operational Performance Prestige & Above category a key contributor and driver of future growth Prestige & Above as % 17.9% 20.8% of Total Volume 55.47 53.55 45.55 42.41 9.92 11.14 Q1 FY14 Q1 FY15 Prestige & Above (lakh cases) Regular & Others (lakh cases) 7
Slide 8: Performance Discussion
Performance Discussion Q1 FY2015 Financial Highlights Net Sales: Net Sales remained relatively flat compared to the same period last year. IMFL sales contributed 76.4% of total sales. Although, total IMFL volume declined by (3.5)%, sales value increased by 2.0% during the quarter. Prestige & Above b
Slide 9: Quarterly Performance Trends
Quarterly Performance Trends Total IMFL Volume Prestige & Above Category Volume 17.9% 18.4% 19.4% 17.3% 20.8% 55 15% 12 30% 22.1% 24.3% 50 10 25% 10% 18.8% 8 17.2% 20% 45 9.9% 7.6% 5% 6 12.3% 15% 7.2% 40 4 10% 3.5% (3.5)% 0% 35 2 5% 55.47 48.14 52.90 47.09 53.55 9.92 8.85 10.24 8.16 11.14 30 (5)% 0
Slide 10: Company Overview
Company Overview Radico Khaitan is one of the leading players in the premium spirits segment Radico Khaitan Overview Market Leading Premium Brands • One of the largest players in the Indian spirits • Launched in 2005, Magic Moments is industry the market leader in the premium • Operates three distil
Slide 11: Statutory Results
Statutory Results First Quarter Results for FY2015 Sl. No. Particulars (1) (2) (3) (4) Quarter Quarter Quarter Year ended ended ended ended 31.03.2014 30.06.2014 31.03.2014 30.06.2013 (Audited) (Unaudited) (Audited) (Unaudited) (Note No. 6) 1 Income from operations (a) Gross Sales 79,092.18 70,342.9
Slide 12: Statutory Results
Statutory Results First Quarter Results for FY2015 Sl. No. Particulars (1) (2) (3) (4) Quarter Quarter Quarter Year ended ended ended ended 31.03.2014 30.06.2014 31.03.2014 30.06.2013 (Audited) (Unaudited) (Audited) (Unaudited) 10 Tax Expense 800.00 893.00 900.00 3,515.00 11 Net Profit (+) / Loss (-
Slide 13: Statutory Results
Statutory Results First Quarter Results for FY2015 Quarter Quarter Quarter Year ended ended ended ended 31.03.2014 30.06.2014 31.03.2014 30.06.2013 (Audited) (Unaudited) (Audited) (Unaudited) PART - II A Particulars of Shareholding Public shareholding (a) No. of Shares 79208947 79208947 79070562 792
Slide 14: Statutory Results
Statutory Results First Quarter Results for FY2015 Notes: 1. The above financial results were reviewed by the Audit Committee and taken on record by the Board of Directors in their meeting held on 12th August 2014. 2. The Statutory Auditors have carried out a limited review of the financial results
Slide 15: Radico Khaitan Limited Contact Details
Contact Details: Radico Khaitan Limited (CIN: L26941UP1983PLC027278) B-1/J-1, Mohan Co-operative Industrial Area Main Mathura Road, New Delhi – 110044 Phone: +91 11 409 75 400 / 500 Fax: +91-11-41678841/42 www.radicokhaitan.com Dilip Kumar Banthiya banthiyadk@radico.co.in Chief Financial Officer +91