Radico Khaitan Limited · NSE:RADICO
Radico Khaitan — Q1 FY2017 Earnings Presentation
21 slides from Radico Khaitan's earnings presentation, Aug 17, 2016
Slide 1: A spirited performance that gave us a new high! Q1 FY2017 Earnings Presentation
A spirited performance that gave us a new High! Q1 Year FY2017 Earnings Presentation August 17, 2016
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: New Product Launch – Pluton Bay Premium Rum
New Product Launch – Pluton Bay Premium Rum Rare Exotic Rum. The Spirit of Adventure • Product: A unique experience, with a perfect blend of international design and world-class packaging. Rare and smooth taste, offering a premium blend • Packaging: A key differentiator from the existing competition
Slide 4: A spirited performance that gave us a new high!
A spirited performance that gave us a new high! Volume growth; strong Prestige & Above category growth; stable Regular & Others Topline & profitability improvement Continued deleveraging; strong cash flow generation Price hike in Karnataka to start reflecting in the performance from Q2 FY17 onwards
Slide 5: Performance Highlights
Performance Highlights Improved all round financial performance on a y-o-y basis… +3.3% +21.9% +25.2% 408.4 422.0 46.2 56.4 17.2 21.5 Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 Net Sales (Rs. Cr) EBITDA (Rs. Cr) Net Income (Rs. Cr) www.radicokhaitan.com 5
Slide 6: Performance Highlights
Performance Highlights …Driven by a robust volume growth +3.6% +10.6% +1.7% 48.05 49.80 12.11 13.39 25.2% 26.9% Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 Q1 FY16 Q1 FY17 Total Volume Prestige & Above Prestige & Above (lakhs cases) (lakhs cases) (as % of Total Volume) www.radicokhaitan.com 6
Slide 7: Management Perspectives
Management Perspectives Commenting on the results and performance, Dr. Lalit Khaitan, Chairman & Managing Director said: “After a consolidating phase in FY2016, we started FY2017 on a very strong note with an encouraging all-round performance. While our volumes remained robust with increasing contri
Slide 8: Economic Environment
Economic Environment Input costs experienced a stabilising trend; Anticipated price increases across states to offset subdued volumes o As per the latest release by the India Sugar Mills Association (ISMA), the overall sugarcane acreage in 2016-17 sugar season is estimated to be at 4.99 million hect
Slide 9: Financial Overview
Financial Overview Q1 FY2017 Financial Performance (Ind AS) Q1 y-o-y (Rs. Crore) FY2017 FY2016 Growth (%) Gross Sales 1,204.6 1,089.2 10.6% Net Sales 422.0 408.4 3.3% EBITDA 56.4 46.2 21.9% EBITDA Margin (%) 13.4% 11.3% Net Income 21.5 17.2 25.2% Net Income Margin (%) 5.1% 4.2% Basic EPS (Rs.) 1.62
Slide 10: Operational Performance
Operational Performance Pick up in the Regular & Others category volumes; Continued increase in the share of Prestige & Above category volumes Prestige & Above as 25.2% +1.7% 26.9% 20.7% +3.5% 24.2% % of Total Volume 194.88 181.93 166.43 154.45 37.17 40.43 FY14 FY15 48.06 49.80 154.45 137.91 35.94 3
Slide 11: Performance Discussion
Performance Discussion Q1 FY2017 Highlights (Y-o-Y) Net Sales: Net Sales increased by 3.3% compared to Q1 FY2016. Total IMFL volume increased by 3.6% driven by the continued growth in the Prestige & Above category brands and a pick up in the Regular & Others category. Prestige & Above brands volume
Slide 12: Company Overview
Company Overview Radico Khaitan is one of the leading players in the premium spirits segment Radico Khaitan Overview Market Leading Premium Brands o One of the largest players in the Indian spirits o Launched in 2005, Magic Moments is the market industry leader in India in the premium vodka category
Slide 13: New Product Launch – Rampur Indian Single Malt
New Product Launch – Rampur Indian Single Malt A salute to the royal heritage • 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 of the Himalay
Slide 14: New Product Launch – Rampur Indian Single Malt
New Product Launch – Rampur Indian Single Malt A leap into the journey of creating super premium products and brands Tasting Notes • Aroma: Rich fruity top note, toffee in the background, floral, honey, dried fruits and hint of spice • Appearance: Golden amber • Palate: All round balanced taste with
Slide 15: New Product Launch – Regal Talons Semi Premium Whisky
New Product Launch – Regal Talons Semi Premium Whisky Rare generation whisky Brand Positioning • 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 al
Slide 16: New Product Launch – Magic Moment ELECTRA
New Product Launch – Magic Moment ELECTRA A premium ready-to-drink (RTD) product • ELECTRA has been positioned to capture the significant market opportunity in the RTD segment • Launched in three unique flavours after extensive research: o Cosmopolitan: Cranberry Base with the hint of lime o Appleti
Slide 17: New Product Launch – Magic Moment ELECTRA
New Product Launch – Magic Moment ELECTRA Premium Chocolate & Coffee Flavour – marketing campaign Starry Night Martini Premium Chocolate & Coffee Flavour If you are ready to play, then the blend is energy and sin. That’s what coffee and chocolate brings to the new flavour of ELECTRA which is set to
Slide 18: Statutory Results
Statutory Results First Quarter Results for Fiscal Year 2017 No. Particulars (1) (2) Quarter Quarter Quarter Quarter ended ended ended ended 30.06.2016 30.06.2015 30.06.2016 30.06.2015 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Refer note 5) (Refer note 5) 1 Income from operations 3 Profit / (
Slide 19: Statutory Results
Statutory Results First Quarter Results for Fiscal Year 2017 Notes: 1. The above unaudited results were reviewed by the Audit Committee and were approved and taken on record by the Board of Directors in their meeting held on August 17, 2016. Further, in accordance with the requirements under Regulat
Slide 20: Statutory Results
Statutory Results First Quarter Results for Fiscal Year 2017 Notes: 7. In terms of Regulation 33(3) of the SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015, the Company has adopted the option of submitting un- audited quarterly financial results only on standalone basis. 8. P
Slide 21: Radico Khaitan Limited
Radico Khaitan Limited (CIN: L26941UP1983PLC027278) Plot No. J-I, Block B-I Mohan Co-operative Industrial Area Mathura Road, New Delhi-110 044 Ph.: +91-11-4097 5400/5500 Fax: +91-11-41678841/42 E-mail: info@radico.co.in www.radicokhaitan.com Dilip Kumar Banthiya banthiyadk@radico.co.in Chief Financi