Hindware Home Innovation Limited · NSE:HINDWAREAP
Hindware Home Innovation — Q2 FY22 Earnings Presentation
27 slides from Hindware Home Innovation's earnings presentation, Nov 11, 2021
Slide 1: Q2 & H1 FY22 Financial Result Presentation
Driving Customer Aspirations Enriching Experiences | Innovative Offerings Q2 & H1 FY22 Financial Result Presentation November 11th, 2021
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Somany Home Innovation Limited (the “Company”) solely for your information and may not be distributed, reproduced, or redistributed or passed on directly or indirectly to any other person, whether within or outside your organization or firm, or publi
Slide 3: Business Overview
Business Overview Premium Consumer Appliances and Building Products Company Retail Segment Owner of Brand Consumer Appliances (Focus on Franchise & Hindware™ Building Product Business (CAB) E- commerce business) Segment Industry 26 Leader in leading growth Strong Growth New launches in Sanitaryware
Slide 4: About Us
About Us SOMANY HOME The Consumer Appliances and Building Products Company INNOVATION LTD. Hindware™, a reliable and trusted brand across India Leveraging innovation and expansive distribution infrastructure Consumer Retail across businesses Appliances ● Consumer Appliances Business – fastest growin
Slide 5: Our Approach
Our Approach Introduce Leverage Prudent Multiple Capital innovative distribution capital revenue efficient products channels allocation streams model across categories Several successful Harnessing distinct Investments Scaling up presence Emphasis on further launches at regular distribution networks
Slide 6: Q2 & H1 FY22 Financial Performance
Q2 & H1 FY22 Financial Performance 6
Slide 7: Q2 & H1 FY22 Performance (Consolidated)
Q2 & H1 FY22 Performance (Consolidated) (₹ in crore) Revenue EBITDA PAT 56% EBITDA Margin (%) 28 % 616.7 41% 103.6 Q2 FY22 425.2 58.0 342.3 45.6 394.5* 41.1* 17.0 19.5 24.9 10.4% 5.0% 9.4% Q2FY21 Q1FY22 Q2FY22 Q2FY21 Q1FY22 Q2FY22 Q2FY21 Q1FY22 Q2FY22 Revenue EBITDA PAT EBITDA Margin (%) 68%
Slide 8: Q2 FY22 – Consumer Appliance Business Update
Q2 FY22 – Consumer Appliance Business Update (₹ in crore) Healthy growth in revenue and profitability ● Revenue for the quarter grew to ₹112.0 crore, growing by 66% on Revenue 113.8 112.0 sequential basis, and grew by 35% Y-o-Y (over adjusted revenue for 35% Q2 FY21) ● EBIT came in at ₹7.0 crore 6
Slide 9: Q2 FY22 – Building Products Business Update
Q2 FY22 – Building Products Business Update Stellar growth witnessed (₹ in crore) Revenue ● India’s fastest growing Sanitaryware and Faucet player over past quarters 66% 483.8 ● Revenue grew by 66% Y-o-Y and 82% sequentially to ₹483.8 crore ● EBIT grew by 48% Y-o-Y and 1.6x on a sequential basis t
Slide 10: Q2 FY22 – Plastic Pipes & Fittings Update
Q2 FY22 – Plastic Pipes & Fittings Update (₹ in crore) TRUFLO registered a growth of 74% Y-o-Y and 81.5% on a sequential basis to report revenue of ₹158.1 crore Revenue* 158.1 ● Pipes Business contributes positively to the 74% bottom line Re-initiated plumber connect programs through 90.9 87.1 phy
Slide 11: Q2 FY22 – Retail Business Update
Q2 FY22 – Retail Business Update (₹ in crore) Increased demand for home renovations led to growth in revenue Revenue and profitability ● Revenue stood at ₹20.9 crore, growing by 6% Y-o-Y and 1.2x 19.7 20.9 sequentially ● EBIT came in at ₹2.0 crore compared to EBIT loss of ₹2.8 crore in Q2 FY21 and ₹
Slide 12: Business Segment Overview
Business Segment Overview 12
Slide 13: Consumer Appliance Business
Consumer Appliance Business 13
Slide 14: Consumer Appliances Business
Consumer Appliances Business Emphasis on innovation ● Widest range of connected and smart appliances in the industry #2 Forward looking portfolio spanning categories Player in the Kitchen ● Kitchen appliances & food sanitizer Chimney Segment ● Air coolers ● Water heaters #5 ● Water purifiers Player
Slide 15: Emphasis on R&D and Innovation
Emphasis on R&D and Innovation Recognized in-house R&D, registered with DSIR Optimus iPro Chimney Spectra iPro ● Registered 4 new patents in FY22, taking the total to 32 • India’s 1st ever IoT – • Equipped with features such patents since inception enabled chimney as Geo-fencing and Wi-Fi Hindware K
Slide 16: Diverse and Exciting Products & Brands
Diverse and Exciting Products & Brands Kitchen Appliances Air Coolers Water Purifiers Fans Kitchen & Furniture Fittings Water Heaters 16
Slide 17: Brand Campaigns
Brand Campaigns New TVC campaign for Hindware MaxX Silent Chimneys ran for 6 The print ad campaign for the new line of cooktops printed in 22 weeks across 24 TV channels and its high impact integrated content leading newspapers across India with around 64 insertions, helping made waves on the TV, Pr
Slide 18: Building Products Division
Building Products Division 18
Slide 19: Building Products Business
Building Products Business Leading player in sanitaryware & faucets segments ● Brands available across price points – luxury, premium and mass categories Market Size Strong Network of distribution and service ● 250+ Brand Stores for an immersive customer experience ~₹4,800 crore ● 225+ Distributors
Slide 20: Diverse and Exciting Products & Brands
Diverse and Exciting Products & Brands Sanitaryware & Faucets Sanitaryware & Faucets Sanitaryware & Faucets Sanitaryware & Faucets Tiles 20
Slide 21: Industry-First Innovative-Design Led Products
Industry- First Innovative-Design Led Products 21
Slide 22: Brand Campaigns
Brand Campaigns Bathroom Decor Tips New Campaign on Touchfree made waves on the TV, print and digital media with its high impact content integration. It showcased the brand’s strength in the sensor-enabled product category. Morning Room #TouchfreeIsCarefree 22
Slide 23: Plastic Pipes & Fittings
Plastic Pipes & Fittings TRUFLO by Hindware™, is the fastest growing plastic pipes and fittings brand in India Market Size ● With 1,100+ SKUs already being offered and many ~₹10,000 crore more being added, TRUFLO aims to be amongst the top 5 players in 5 years TRUFLO by Hindware™, addressable market
Slide 24: Marquee Clients
af coewm. — CounTRY GAR #y— Infosys IndianOil Somany e ed Home & Innovation > Limited sae MAHAGUN — Narniott. code) CIES oe PROVIDENT’ PURAVANKARA’ it Qo Sati SAROVAR S TAJ Hotels Resorts and Palaces Vaishnavi ‘Tapa Bulls Groun |
Slide 25: Retail Division
Retail Division 25
Slide 26: Retail Business
Retail Business Specialty home interior products through modern format stores and digital platforms under the brand ‘EVOK’ Offering a range of 3,600+ products across 16,700+ pin codes 2 Company owned stores 2 Display and Sales centres in Delhi and Faridabad and a growing chain of franchise stores St
Slide 27: Thank You
Thank You Naveen Malik Somany Home Innovation Ltd +91 124 477 9200 investors@shilgroup.com Gavin Desa / Kshitij Sharma CDR India +91 98206 37649 / +91 98331 98439 gavin@cdr-india.com / kshitij@cdr-india.com 27
Hindware Home Innovation — Q2 FY22 Earnings Presentation on 6ix