V-mart Retail Ltd · NSE:VMART
V-mart Retail — Q4 FY2021 Earnings Presentation
18 slides from V-mart Retail's earnings presentation, May 31, 2021
Slide 1: Presentation to Analysts/Investors cover letter
Ref. No. CS/S/L-493/2021-22 31st May, 2021 To: To: The Listing Department The Corporate Relationship Department NATIONAL STOCK EXCHANGE OF INDIA LIMITED THE BSE LTD “Exchange Plazza” Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex Dalal Street, Mumbai – 400 001 Bandra (E ), Mumbai – 400 051 Scrip Co
Slide 2: V-Mart Retail Ltd. Review of Financial Results Q4 FY'21
www.vmartretail.com V-Mart Retail Ltd. Review of Financial Results Q4 FY’21
Slide 3: Disclaimer
This presentation has been prepared by V-Mart Retail Limited (“V-Mart”) and does not constitute a prospectus or placement memorandum or an offer to acquire any securities. This presentation or any other documentation or information (or any part thereof) delivered or supplied should not be deemed to
Slide 4: Key Highlights, Financial Parameters, Operational Parameters
April - March FY’21 Key Highlights Financial Parameters Operational Parameters 3
Slide 5: Key Highlights: April - March FY'21 vs. FY'20 Results
Key Highlights: April - March FY’21 vs. FY’20 Results • Number of Stores : 279 (opened : 20, closed : 7) • Revenue 65% of FY’20 • Contribution of segment to total revenue : o Fashion 92% o Kirana 8% • Net profit/(loss) : Rs. (62) million 4
Slide 6: Financial Parameters: April - March FY'21 vs. FY'20
Financial Parameters : April - March FY’21 vs. FY’20 Sales (Millions) Sales Mix (%) 78.8% 79.6% 16,620 10,755 13.0% 13.0% 8.2% 7.4% YTD'21 YTD'20 Apparels Non Apparels Kirana EBITDA (Millions) PAT (Millions) 2,138 493 1,312 YTD'21 YTD'20 YTD'21 YTD'20 -62 CY PY 5
Slide 7: Operational Parameters: April - March FY'21 vs. FY'20
Operational Parameters : April - March FY’21 vs. FY’20 FootFall (Lacs) Conversion Rate (%) 393 62.3% 57.6% 205 YTD'21 YTD'20 YTD'21 YTD'20 Transaction size (Rs.) Average Selling Price (Rs) Total Apparel 344 334 895 788 220 218 YTD'21 YTD'20 YTD'21 YTD'20 CY PY 6
Slide 8: Operational Parameters: April - March FY'21 vs. FY'20
Operational Parameters : April - March FY’21 vs. FY’20 Sales per sq feet (per month) Store Count (Nos) Tier 1 142 141 759 Tier 2 Tier 3 530 Tier 4 65 58 37 35 35 32 Tier 1 Tier 2 Tier 3 Tier 4 Tier 1 Tier 2 Tier 3 Tier 4 YTD'21 YTD'20 YTD'21 YTD'20 Same Store Sales Growth (%) Same Store Volume Growt
Slide 9: Operational Parameters: April - March FY'21 vs. FY'20
Operational Parameters : April - March FY’21 vs. FY’20 Expenses (% of Sales) Retail Space (Lacs Sq feet) 10.9% YTD'21 YTD'20 9.2% 23.0 22.1 3.3% 2.9% 4.0% 3.7% 1.7% 2.1% Manpower Power Advertisement Others YTD'21 YTD'20 Inventory (Days of Sales) Shrinkage (% of Sales) 126 119 Total Apparel Non-appar
Slide 10: Key Highlights: Q4 FY'21 vs. FY'20 Results
Key Highlights: Q4 FY’21 vs. FY’20 Results • Number of Stores : 279 (opened : 07, closed : 02) • Revenue 106% of Q4’20 • Contribution of segment to total revenue : o Fashion 91% o Kirana 9% • Net profit/(loss) : Rs. (15) million 9
Slide 11: Financial Parameters: Q4 FY'21 vs. FY'20
Financial Parameters : Q4 FY’21 vs. FY’20 Sales (Millions) Sales Mix (%) 3,519 77.9% 78.7% 3,327 12.7% 13.1% 9.4% 8.2% Q4'21 Q4'20 Apparels Non Apparels Kirana EBITDA (Millions) PAT (Millions) Q4'21 Q4'20 336 -15 278 -84 Q4'21 Q4'20 CY PY 10
Slide 12: Operational Parameters: Q4 FY'21 vs. FY'20
Operational Parameters : Q4 FY’21 vs. FY’20 FootFall (Lacs) Conversion Rate (%) 82 61.1% 72 55.0% Q4'21 Q4'20 Q4'21 Q4'20 Transaction size (Rs.) Average Selling Price (Rs) Total Apparel 357 327 851 790 202 222 Q4'21 Q4'20 Q4'21 Q4'20 CY PY 11
Slide 13: Ind-AS 116: P&L Impact (FY'21)
Ind-AS 116 : P&L Impact (FY’21) (Rs. in million) Pre Ind-AS116 Post Ind-AS116 Net Impact on PBT Particulars (impact on PBT) (A) (B) (B-A) Rent (944) (0) 944 Finance cost (23) (589) (566) Depreciation & Amortization (366) (1030) (664) PBT (286) Rent concession Accounting Amount Remarks as per MCA gui
Slide 14: Financial Review – Profit & Loss Statement
Financial Review – Profit & Loss Statement Rs. in million (except per share data) For the period ended Particulars 31.03.2021 31.03.2020 (Audited) (Audited) I. Revenue from operations 10,755 16,620 II. Other income 210 45 III. Total Income (I + II) 10,965 16,665 IV Total expenses (IV) 11,062 15,970
Slide 15: Financial Review - Balance Sheet and CFS
Financial Review - Balance Sheet and CFS V-Mart Retai l Li mi ted Statement of Assets and Li abi l i ti es: (Rs. in million) Parti cul ars As at As at March 31, 2021 March 31, 2020 V-Mart Retail Limited (Audi ted) (Audi ted) I ASSETS Cash Flow Statement for the year ended March 31, 2021 Non-current
Slide 16: Stores Geographic Spread Q4 FY'21
Stores Geographic Spread Q4 FY’21 15
Slide 17: Stores Geographical Spread
Stores Geographical Spread Stores opened till FY20 266 Stores opened during FY21 20 Stores closed during FY21 07 States` States Existing New Closed Total Assam 9 1 1 10 09 Arunachal Pradesh 1 1 Bihar 45 4 6 51 49 Chandigarh 1 1 Delhi 3 3 Gujarat 6 6 Haryana 1 1 Himachal Pradesh 3 1 2 J&K 8 8 Jharkha
Slide 18: Thank you
www.vmartretail.com Thank you….!! In case of any queries, please contact the IR Team: Girish Garg - girish.garg@vmart.co.in