V.i.p.industries Ltd. · NSE:VIPIND
V.i.p.industries — Q4 FY21 Earnings Presentation
13 slides from V.i.p.industries's earnings presentation, May 25, 2021
Slide 1: Exchange filing letter: presentations to analysts and investors
25th May, 2021 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal St, Kala Ghoda, Fort, Plot No. C/1, G Block, Mumbai – 400001 Bandra Kurla Complex, Bandra (East), Mumbai – 400 051. Code No. 507880, 959848 and 959982 Code – VIPIND Subject: P
Slide 2: May Investors Update Q4 FY21
May Investors Update Q4 FY21 May 25,2021
Slide 3: Contents
Contents Company Overview Consolidated Financial Results Financial Highlights Other Expenses Key Financial Metrics
Slide 4: Company Overview
Company Overview VIP Industries Ltd. is Asia’s largest and the world’s second largest luggage architect, headquartered in Mumbai. A public limited Indian company manufacturing luggage and travel accessories, VIP Industries Ltd. has more than 8000 retail outlets in its armoury apart from a well-devel
Slide 5: Consolidated Financial Results
Consolidated Financial Results Rs. in Crores Quarter ended Year ended Particulars Mar-21 Dec-20 Mar-20 Mar-21 Mar-20 Income from Operations 259 242 316 667 1,727 Material Consumed 137 143 132 366 806 Employee Cost 38 31 42 138 210 Others Expenses 65 49 104 180 404 EBIDTA 19 18 38 -17 307 EBIDTA Marg
Slide 6: Financial Highlights
Financial Highlights • Q4 revenue impacted due to COVID-19. Income from operation at 82% of last year March quarter at 259 Cr • Q4 Gross Margin is 47% mainly due to higher discounts, sale of lower margin products and liquidation of old stocks • Overall Expense is down by 29% as compared to last year
Slide 7: Quarterly Revenues
Quarterly Revenues 2019-20 Revenue 2020-21 600 564 500 243 412 431 311 400 300 233 200 103 100 40 0 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Growth -93% -75% -46% -22%
Slide 8: Other Expenses
Other Expenses Rs. in Crores For the Quarter ended Year ended Particulars Mar-21 Dec-20 Mar-20 Mar-21 Mar-20 Job Work Charges 4.8 2.6 7.4 8.5 23.5 Electricity, Power & Fuel Expenses 4.0 2.8 5.3 10.0 21.0 Rent 0.5 2.3 0.4 5.9 4.2 Repairs 3.4 2.9 3.4 10.6 11.6 Insurance 1.6 1.3 1.8 4.8 5.3 Rates and t
Slide 9: Key Financial Metrics
Key Financial Metrics Net Debt - - Net Current Assets 372 Mar-21 Mar-20 260 Mar-21 Mar-20 Investments & Cash & Bank Borrowings 231 154 51 32 Mar-21 Mar-20 Mar-21 Mar-20
Slide 10: Key Financial Metrics – Q4
Key Financial Metrics – Q4 Revenue Gross Margin 375 70% 316 58% 300 60% 259 242 47% 50% 41% 225 40% 150 30% 20% 75 10% - 0% Mar-21 Dec-20 Mar-20 Mar-21 Dec-20 Mar-20 EBITDA PBT before Exceptional Item 30% 50 30 10 12% 10 10% 8% 8% -10 Mar-21 Dec-20 Mar-20 -30 -6 -8 Mar-21 Dec-20 Mar-20 -50 -10% -70
Slide 11: Key Financial Metrics – YTD March
Key Financial Metrics – YTD March Revenue Gross Margin 2,000 1,727 60% 53% 50% 45% 1,500 40% 1,000 30% 667 20% 500 10% - 0% YTD Mar-21 YTD Mar-20 YTD Mar-21 YTD Mar-20 PBT before Exceptional Item EBITDA 300 20% 18% 197 200 15% 100 10% 5% - YTD Mar-21 YTD Mar-20 0% -100 YTD Mar-21 YTD Mar-20 -125 -5%
Slide 12: Disclaimer
Disclaimer • Statements in this presentation, particularly those which relate to management’s views and analysis, describing the Company’s objectives, projections, estimates and expectations may constitute “forward looking statements” within the meaning of applicable laws and regulations. • Actual r
Slide 13: Thank you
Thank you V/P