Radico Khaitan Limited · NSE:RADICO
Radico Khaitan — Q3 FY2018 Earnings Presentation
19 slides from Radico Khaitan's earnings presentation, January 2018
Slide 1: Radico Khaitan Limited Earnings Presentation Q3 and Nine Month FY2018
Radico Khaitan Limited (BSE: 532497; NSE: RADICO) Earnings Presentation Q3 and Nine Month FY2018
Slide 2: Q3 FY2018 Performance Highlights
Q3 FY2018 Performance Highlights High quality earnings and robust cash flows Volumes growth driven by an all round performance Total volume +17.7%; Prestige & Above +11.2% Significant profitability improvement EBITDA +47.3%; Total Comprehensive Income +79.1% Strong cash flow generation and ongoing d
Slide 3: Q3 FY2018 Performance Highlights: Volume and Revenue
Q3 FY2018 Performance Highlights Continued volume growth driving strong topline performance +17.7% +11.2% +16.8% 44.90 52.85 11.90 13.23 413.05 482.52 Q3 FY17 Q3 FY18 Q3 FY17 Q3 FY18 Q3 FY17 Q3 FY18 Total IMFL Volume Prestige & Above Revenue from (Lakh cases) (Lakh cases) Operations (Rs. Crore) Earn
Slide 4: Q3 FY2018 Performance Highlights: Profitability
Q3 FY2018 Performance Highlights A strong profitability improvement + 47.3% + 79.1% 321 bps 249 bps 50.95 75.03 19.27 34.51 12.3% 15.5% 4.7% 7.2% Q3 FY17 Q3 FY18 Q3 FY17 Q3 FY18 Q3 FY17 Q3 FY18 Q3 FY17 Q3 FY18 EBITDA Total Comprehensive EBITDA Total Comprehensive (Rs. Crore) Income (Rs. Crore) Margi
Slide 5: Q3 FY2018 Performance Highlights: Debt Reduction
Q3 FY2018 Performance Highlights Ongoing reduction in long term borrowings and improvement in capital structure ratios Net debt reduction Leverage ratio improvement Net Worth strengthened Total Debt/Equity improvement Rs. 130 Cr. 1.08x +12.0% 0.18x 784.97 655.25 3.72 2.64 1,029.89 1,153.86 0.78 0.59
Slide 6: Performance Highlights
Performance Highlights Ongoing focus on deleveraging; Total Debt reduced by Rs. 130 Cr during 9M FY2018 Q3 FY2018 vs. Q3 FY2017 9M FY2018 vs. 9M FY2017 o Revenue from Operations (Net) of Rs. 482.52 Cr (+16.8%) o Revenue from Operations (Net) of Rs. 1,342.01 Cr (+4.3%) o Prestige & Above brands volum
Slide 7: Management Perspectives
Management Perspectives Commenting on the results and performance, Dr. Lalit Khaitan, Chairman & Managing Director said: “We are pleased to start the calendar year 2018 on a new high. Despite the challenges faced by the industry during the first half of FY2018, Radico Khaitan reported a stellar perf
Slide 8: Performance Overview
Performance Overview Q3 y-o-y Nine Month y-o-y Full Year FY2018 FY2017 Growth (%) FY2018 FY2017 Growth (%) FY2017 Operational Performance (Lakh Cases) Prestige & Above 13.23 11.90 11.2% 39.16 37.28 5.0% 47.49 Regular & Others 39.62 33.00 20.1% 107.37 102.26 5.0% 135.11 Total Volume 52.85 44.90 17.7%
Slide 9: Performance Discussion
Performance Discussion Q3 FY2018 Highlights (Y-o-Y) o Revenue from Operations (Net): Revenue from Operations during Q3 FY2018 grew by 16.8%. Total IMFL volumes increased by 17.7% as the impact of the highway liquor ban was normalised. Given the recent price increases, the Company also focused on the
Slide 10: Company overview: One of the largest spirits manufacturers in India
Company overview One of the largest spirits manufacturers in India Strategically limiting 75 years of One of the largest interstate taxes and experience in spirits 1943 making. One of the 157 spirits manufacturers. Operates three 28 transport costs. Five own and 23 Year of most recognized Bottling M
Slide 11: Clearly defined strategic roadmap
Clearly defined strategic roadmap Focus on building brands and driving a profitable growth Strong cash flow generation and Innovation and brand building Premium growth deleveraging • Established track record: Magic Moments • Growth driven by Prestige & Above category • Focused on a profitable growth
Slide 12: New Product: Rampur Indian single malt
New Product Rampur Indian single malt Rampur Indian Single Malt Whisky: Decades of Perfection Takes forward the rich heritage of Rampur, a princely state of British India and the 75 years of distillation expertise of Radico Khaitan, the pioneers of legendary spirits in India. Aged in the foothills o
Slide 13: New Product: Electra ready-to-drink
New Product Electra ready-to-drink Exploring the wilderness within, the quest to conquer the usual and zest to go beyond limits, is what drives non conformists. To kick the boring out of their lives we have introduced a gush of raw adrenalin for them – Electra. Electra is triple distilled and triple
Slide 14: New Product: 1965 premium rum
New Product 1965 premium rum Earnings Presentation | Q2 Q3 FY2018 13 13
Slide 15: New Product: Regal Talons whisky
New Product Regal Talons whisky Regal Talons Rare Generation Whisky: Unbeatable Spirit The finest blend that combines Indian grain spirits with imported aged scotch malts to deliver an exceptional smoothness. Regal Talons has been especially made for those who believe in conquering and always emerge
Slide 16: Statutory Results
Statutory Results Statement of Unaudited Standalone Financial Results for the quarter and nine months ended December 31, 2017 Rs. In lakhs Rs. In lakhs No. Particulars (1) (2) (3) (4) (5) (6) No. Particulars (1) (2) (3) (4) (5) (6) Quarter Quarter Quarter Nine months Nine months Year Quarter Quarter
Slide 17: Statutory Results
Statutory Results Third Quarter Results for Fiscal Year 2018 Notes: 1. The above results were reviewed by the Audit Committee and were approved and taken on record by the Board of Directors in their meeting held on 24th January 2018. 2. This statement has been prepared in accordance with the Compani
Slide 18: Contact information
Contact information 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 perfo
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.: +91-11-40975400/5500 Fax: +91-11-41678841/42 www.radicokhaitan.com