Radico Khaitan Limited · NSE:RADICO
Radico Khaitan — Q3 FY2024 Earnings Presentation
19 slides from Radico Khaitan's earnings presentation, Feb 6, 2024
Slide 1: Stock exchange filing cover letter
RKL/SX/2023-24/122 February 06, 2024 BSE Ltd. National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot no. C/1, Dalal Street G Block, Bandra-Kurla Complex, Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 532497 Symbol: RADICO Sub: Investor’s presentat
Slide 2: Q3 FY2024 Earnings Presentation
Radico Khaitan Ltd. (BSE: 532497; NSE: RADICO) Q3 FY2024 Earnings Presentation
Slide 3: Recent Awards
Recent Awards Earnings Presentation | Q3 FY2024 1
Slide 4: Q3 FY2024 Performance Highlights
Q3 FY2024 Performance Highlights Sustained strong operating performance led by Prestige & Above category portfolio Q3 FY2024 vs. Q3 FY2023 9M FY2024 vs. 9M FY2023 o Total IMFL volume* of 7.25 Million Cases (+3.7%) o Total IMFL volume* of 21.57 Million Cases (+2.7%) o Prestige & Above brands volume o
Slide 5: Management Perspectives
Management Perspectives Commenting on the results and performance, Dr. Lalit Khaitan, Chairman & Managing Director said: “Radico Khaitan has delivered another quarter of resilient performance with strong business fundamentals amidst a challenging operating environment. Our commitment to delivering v
Slide 6: Performance Trend
Performance Trend Q3 y-o-y Q2 q-o-q Nine Month y-o-y FY2024 FY2023 Growth (%) FY2024 Growth (%) FY2024 FY2023 Growth (%) Operational Performance (Million Cases) Prestige & Above 3.11 2.59 20.2% 2.84 9.7% 8.34 6.80 22.7% Regular & Others 3.12 3.53 (11.5)% 3.19 (2.2)% 10.46 11.82 (11.5)% Total Own Vol
Slide 7: Performance Trend
Performance Trend Q3 y-o-y Q2 q-o-q Nine Month y-o-y FY2024 FY2023 Growth (%) FY2024 Growth (%) FY2024 FY2023 Growth (%) Financial Performance (` Crore) Revenue from Operations (Gross) 4,246.0 3,166.2 34.1% 3,715.1 14.3% 11,984.3 9,368.6 27.9% Revenue from Operations (Net) 1,160.9 792.2 46.6% 925.0
Slide 8: Performance Trend
Performance Trend Q3 y-o-y Q2 q-o-q Nine Month y-o-y (` Crore) FY2024 FY2023 Growth (%) FY2024 Growth (%) FY2024 FY2023 Growth (%) Revenue from Operations (Gross) 4,246.0 3,166.2 34.1% 3,715.1 14.3% 11,984.3 9,368.6 27.9% Revenue from Operations (Net) 1,160.9 792.2 46.6% 925.0 25.5% 3,039.8 2,311.0
Slide 9: Performance Discussion
Performance Discussion Q3 FY2024 Highlights o Revenue from Operations (Net) grew by 46.6% y-o-y. Total IMFL volume* increased 3.7% whereas Prestige & Above category volume grew 20.2%. Prestige & Above net revenue growth was 29.1% compared to Q3 FY2023. Non-IMFL revenue growth was due to full capacit
Slide 10: Gin Explorer Club Mumbai, 20-21st January 2024
Gin Explorer Club Mumbai, 20-21st January 2024 Earnings Presentation | Q3 FY2024 8
Slide 11: Radico Khaitan attended WSWA Access LIVE, Las Vegas
• Radico Khaitan attended the WSWA (Wine & Spirits Wholesalers of America) Access LIVE, Las Vegas. • Formerly known as the WSWA Annual Convention & Exposition, Access LIVE is the premier wine and spirits industry event for access and discovery. Since 1943, WSWA has hosted the premier event for the A
Slide 12: Brand Performance
Brand Performance Rampur Indian Single Malt • Seven expressions (Select, PX Sherry, Signature Reserve, Double Cask, Asava, Trigun, Jugalbandi) • Available in around 45 countries and 20+ travel retail • Now also available in 14 states in India Recent Awards: Rampur Double Cask • Gold at the New York
Slide 13: Brand Performance
Brand Performance Jaisalmer Indian Craft Gin • Contains 11 botanicals/herbs, out of which 7 are from all parts of India • Available in around 30 countries and 20 travel retail; Also in 20 states in India • Jaisalmer Gold has 18 botanicals including saffron; Plans to launch in India in FY2025 Recent
Slide 14: Brand Performance
Brand Performance Magic Moments Vodka • Crossed 5 million case volume in FY2023; 4.7 million in YTD FY2024 • Continues to gain market share with Magic Moments now accounting for 59% of the overall vodka market share • Launched Magic Moments Remix Pink Vodka, strategically positioned to cater to the
Slide 15: Expanding the Luxury Portfolio: Spirit of Victory 1999 Pure Malt Whisky
Expanding the Luxury Portfolio Spirit of Victory 1999 Pure Malt Whisky What is a Pure Malt Whisky? • A Pure Malt, also known as a blended malt, is a type of whisky crafted by blending various single malts distilled twice in traditional pot stills. • These single malts undergo maturation in oak barre
Slide 16: Expanding the Luxury Portfolio: Spirit of Victory 1999 Pure Malt Whisky
Expanding the Luxury Portfolio Spirit of Victory 1999 Pure Malt Whisky • As per the Scotch Whisky Association Industry Growth Indicative MRP Key Representative Brands (SWA), India overtook France to become (Rs.) the UK’s largest market for Scotch in terms of volumes with a 60% increase in imports in
Slide 17: Brand Portfolio
Brand Portfolio Broad choice for consumers with focus on premium brands Indicative MRP Whisky Rum Brandy Vodka Gin Luxury (US$ 50+) Semi Luxury (US$ 15+) MS: 58% Super Premium (US$ 10-15) MS: 85% Semi-Premium / Premium MS: 7% (US$ 8-10) CSD Deluxe MS: (US$ 6-8) 18% Vodka cocktail RTD Regular CSD MS:
Slide 18: Disclaimer
Disclaimer 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 performance. W
Slide 19: Radico Khaitan Limited
Radico Khaitan Limited (CIN: L26941UP1983PLC027278) J-I, Block B-I, Mohan Co-operative Industrial Area, Mathura Road, New Delhi-110044 Ph.: +91-11-4097 5400/5500 Fax: +91-11-4167 8841/42 www.radicokhaitan.com https://rampursinglemalt.com/ http://jaisalmergin.com/