Pc Jeweller Ltd. · NSE:PCJEWELLER
Pc Jeweller — Q3 FY2020 Earnings Presentation
30 slides from Pc Jeweller's earnings presentation, Feb 13, 2020
Slide 1: Exchange filing cover letter
Date: February 13,2020 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 - 400051 Ref.: PC Jeweller Limited (Scri
Slide 2: PC Jeweller Ltd Results Presentation
PC Jeweller Ltd Results Presentation February 13th, 2020
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: Quarterly highlights
Quarterly highlights Q3 2020 EBITDA at 10.50% vis a vis 13.45% in Q3 2019 Q3 2020 PBT at 3.79% vis a vis 9.05% in Q3 2019 Q3 2020 PAT at 2.02% vis a vis 6.53% Q3 2019 Q3 2020 Domestic Retail Sales : Rs 1,357.07 crores Q3 2020 Export Sales : Rs 231.30 crores
Slide 5: Business Updates
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Slide 6: Highlights: Overall Business
Highlights: Overall Business Particulars (Rs. Crores) Q3 FY 2020 Q3 FY 2019 9M FY 2020 9M FY 2019 Domestic Retail Sales 1,357 1,819 3,611 4,985 Export Sales 231 300 451 1,193 Gross Margins (%) 11.62% 14.81% 14.26% 14.64% Domestic Retail 12.98% 16.51% 15.65% 16.52% Exports 3.67% 4.49% 3.13% 6.79% Exp
Slide 7: Highlights: Domestic Business and Export Business
Highlights: Domestic Business Particulars (Rs. Crores) Q3 FY 2020 Q3 FY 2019 9M FY 2020 9M FY 2019 Revenue from Operations 1,357 1,819 3,611 4,985 Gross Margins (%) 12.98% 16.51% 15.65% 16.52% EBITDA Margins (%) 10.81% 13.18% 12.82% 12.93% Highlights: Export Business Particulars (Rs. Crores) Q3 FY 2
Slide 8: Key Balance Sheet items
Key Balance Sheet items Liabilities Standalone (Rs. Crores) 31st Mar 19 30th June 19 30th Sep 19 31st Dec 19 Total Bank Exposure 3,243 3,199 2,995 2,974 (including gold loans) (A) Operational Creditors 207 185 150 118 JFL 142 126 86 50 Unsecured loan from Promoter - 16 215 215 Other Liabilities (B)
Slide 9: Financial Analysis – Q3 FY 2020
Financial Analysis – Q3 FY 2020 The company’s sales have fallen by 25% during Q3 (on Q-o-Q basis) The consumer sentiments have remained weak even during the festive season mainly on account of nearly 20-25% increase in the gold prices during Q2 as well continuing slowdown in the economy. As per the
Slide 10: Financial Analysis – Q3 FY 2020
Financial Analysis – Q3 FY 2020 Decline in Profitability • The domestic gross margin have declined from 16.51% in Q3FY 19 to 12.98% in Q3 FY20. This is due to relatively higher discounts and incentives given to increase customer foot falls. There has also been a decline in the percentage sale of stu
Slide 11: Business Updates – Q3 FY 2020
Business Updates – Q3 FY 2020 At the same time India’s gold market continues to strive towards regulation and standardisation. The opening weeks of 2020 saw two important developments in the gold market: • Notification on mandatory hallmarking for gold jewellery. Effective from 15th January 2021, ha
Slide 12: Reply to Investor Queries
Reply to Investor Queries The company has been receiving various mails from its investors and wishes to reply to the major queries received as under : Shutting down of Stores: The Company wishes to confirm that it is operating 84 stores at present. During the current quarter it has shut down two of
Slide 13: Reply to Investor Queries
Reply to Investor Queries Regards huge discount of Rs.500 Crores on Export Receivables? The discounts given were a commercial decision and approved by the Board to be in the best interests of the company. The initiation of legal remedies were also considered but not found to be either feasible or pr
Slide 14: Reply to Investor Queries
Reply to Investor Queries Names of the exporters to whom the discount provided? As already known the Company’s export business export of gold jewellery is on a B2B basis through its dealers based in Gulf via some Dubai based firms with whom the Company is doing business for many years. Company canno
Slide 15: Reply to Investor Queries
Reply to Investor Queries Further Capital Infusion plans, if any to bridge the gaps created by the heavy discounts? The promoter of the Company- Mr. Balram Garg has already infused Rs. 215 crores in the Company and as on date the Company does not have any requirement or plans of raising additional c
Slide 16: Reply to Investor Queries
Reply to Investor Queries New Showrooms opening and confidence boosting measures initiated by the Company? As advised above this is the time for consolidation and rationalization. However, the Company has well developed infrastructure and trained staff in place and will be able to move fast in this
Slide 17: 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 18: Sub Brand
& PGI; Sub Brand age | PC Jeweller
Slide 19: Sub Brand
Sub Brand (<3) PC Jeweller
Slide 20: 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 21: 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 22: 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 23: Sub Brand
Sub Brand a Inayat
Slide 24: 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 25: Sub Brand
Sub Brand Scare Unarahar PC lewaller
Slide 26: 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 27: Collection
Collection Lal Oiila A Nation's Culture; Carved in Gold! Lal Onrila . \ Nations Culture; Carved in Gold! PC Jeweller
Slide 28: Collection
PGJ ) “tins PC Jeweller : Collection Lal Oiila A Nation's Culture; Carved in Gold!
Slide 29: Collection
Collection Lal Oiila A Nation's Culture; Carved in Gold! PGJ PC Jeweller
Slide 30: Thank you
a eS) PC lewaller Thank you