Manoj Vaibhav Gems 'n' Jewellers Limited · NSE:MVGJL
Manoj Vaibhav Gems 'n' Jewellers — Investor Presentation (March 2025)
35 slides from Manoj Vaibhav Gems 'n' Jewellers's investor presentation, March 2025
Slide 1: Investor Presentation March 2025
Investor Presentation March 2025
Slide 2: Disclaimer
DISCLAIMER • This presentation and the accompanying slides (the “Presentation”), by Manoj Vaibhav Gems ‘N’ Jewellers Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities,
Slide 3: Executive Summary Q4 (FY 2024-25)
EXECUTIVE SUMMARY Q4 (FY 2024-25) ➢ Q4 FY 2024–25 marked a strong close to the fiscal year, with robust performance across key financial metrics. ➢ Sales grew steadily, reflecting sustained demand and effective market penetration from 4976 Mn in Q3 to 7051 Mn in Q4 (Growth of 42%) ➢ EBITDA improved
Slide 4: Company Overview
COMPANY OVERVIEW
Slide 5: Manoj Vaibhav at a Glance
MANOJ VAIBHAV AT A GLANCE • Organized retail Regional Jewellery brand in South India • Hyperlocal jewellery retail chain – trusted brand in Andhra Pradesh and Telangana • Committed to expanding into high-growth, untapped regions, driving demand for branded jewellery • Primary focus is delivering uni
Slide 6: Our Origin
OUR ORIGIN • Founded by Late Mr. Manoj Kumar Grandhi with a vision to bring organized jewellery retail to our markets • Began as a proprietorship in 1994 with our first showroom in Visakhapatnam • Launched V Square in 2007, our flagship showroom with 29,946 sq. ft., one of India's largest ISO-certif
Slide 7: Milestones
MILESTONES Acquisition of Acquisition of • Obtained ISO Opened Revenue from • Obtained ISO Revenue from Opened stores Hotel Anant the proprietary 9001:2000 for Flagship Store at Operations 9001:2008 for Operations at Kakinada and Private Limited jewellery quality V – Square, touched ₹ 2,000 quality
Slide 8: Key Areas of Strength
KEY AREAS OF STRENGTH GEOGRAPHICAL FOCUS HYPERLOCAL EXCELLENCE Strategic Footprint in Strong Tier II and Tier III Pioneers in Hyperlocal Operational AP &Telangana Market Presence Retail Efficiency CUSTOMER CENTRIC APPROACH STRONG TEAM Customer-Centric Cost EffectiveGo-To- Experienc ed Strong Employe
Slide 9: Geographical Focus
GEOGRAPHICAL FOCUS Strategic Footprint in AP & Andra Pradesh Telangana 1. Amalapuram As an early mover in Andhra 2. Anakapalli 10 11 Pradesh’s organized jewellery 3. Ananthapuramu 4 4 13 14 15 market, we are among the first to 4. Bobbili 21 17 establish a presence in this 5. Elamanchili 18 2 6 7 sec
Slide 10: Key Product Categories
KEY PRODUCT CATEGORIES 22 KT Gold – based on workmanship Daily Wear Semi-precious Gold Precious Gold Jewellery Antique Jewellery Casting Jewellery Jewellery 22 KTSilver 22 KTDiamond 18 KT Gold and Diamond 14 KT Gold and Diamond
Slide 11: Supply Chain Process Flow
SUPPLY CHAIN PROCESS FLOW Gold Bullion Direct Purchase Old Gold Jewellery Gold is purchased outright from Jewellery is purchased from Old jewellery is received, verified, banks and other bullion houses approved suppliers and sorted by purity Issurance to Approved Finished Jewellery Transfer to Store
Slide 12: Strong Leadership and Positive Work Environment
STRONG LEADERSHIP AND POSITIVE WORK ENVIRONMENT We prioritise our employees' well-being and invest in creating a safe, engaging workplace where collaboration, innovation, and learningthrive. Experienced Leadership Our management team, led by seasoned professionals with extensive experience in the je
Slide 13: Management & Board of Directors
MANAGEMENT & BOARD OF DIRECTORS PROMOTERS SENIOR MANAGEMENT MRS. BHARATA MALLIKA MRS. SAI KEERTHANA MRS. SAI SINDHURI MR. GONTLA RAKHAL RATNA KUMARIGRANDHI GRANDHI GRANDHI Chief Operating Officer Chairperson and Managing Wholetime Director & CFO Executive Director Director BOARD OF DIRECTORS MR. RAM
Slide 14: Senior Management
SENIOR MANAGEMENT MR. PULI RAMA NAGA VARA MR. RAGHUNATH MR. VIZIA GOPAL BOTSA MR. BANDARI SHIVAKRISHNA PRASADA RAO JONNAVITHULA General Manager –SCM Company Secretary General Manager - Finance Assistant Vice and Compliance and Accounts President Officer MR. PAMPANARAMESH MR. SANDEEP MR. DAROGA CHAND
Slide 15: Performance Highlights
PERFORMANCE HIGHLIGHTS
Slide 16: Key Highlights
Key Highlights 31 + 20 1 19 1100 + Franchisee Towns and Team Years Showrooms Showroom Cities Strength 13.56 % 6.65% 13.17% 2 Mn + 95K Old Gold FY 25 5 Year FY 2025 Loyal CAGR Exchange Average Bill SSSG Customers (% of Sales) Value
Slide 17: Financial Highlights
FINANCIAL HIGHLIGHTS Revenue (₹ in Million) EBIDTA (₹ in Million) PAT (₹ in Million) PAT & EBIDTA Margin % CAGR 13.56% CAGR 19.46% CAGR 48.40% PAT Margin EBIDTA Margin 1,645 7.1% 7.0% 23,840 6.9% 1,502 1,004 21,497 1,431 6.2% 20,273 5.6% 809 16,939 1,050 716 14,336 4.2% 3.8% 808 3.5% 437 2.6% 207 1.
Slide 18: Financial Highlights
FINANCIAL HIGHLIGHTS Return on Equity Net Worth (₹ in Million) 23.19% 7,188 17.41% 16.82% 6,178 15.03% 9.49% 3,445 2,290 2,729 FY 21 FY 22 FY 23 FY 24 FY 25 FY 21 FY 22 FY 23 FY 24 FY 25 Return on Capital Employed Net Debt / Equity Ratio (Times) 17.71% 15.31% 16.04% 1.93 13.77% 1.73 10.54% 1.30 0.59
Slide 19: Quarterly and Yearly Trends
QUARTERLY AND YEARLY TRENDS Revenue QoQ (₹ in Million) Revenue Qrtrly YoY (₹ in Million) Revenue YoY (₹ in Million) 42% 29% 11% 7,051 7,051 23,840 21,497 5,465 4,976 Q3 FY 2024 Q4 FY 2025 Q4 FY 2024 Q4 FY 2025 FY 2024 FY 2025 GP QoQ (₹ in Million) GP Qrtrly YoY (₹ in Million) GP YoY (₹ in Million) 1
Slide 20: Quarterly and Yearly Trends
QUARTERLY AND YEARLY TRENDS EBIDTA QoQ (₹ in Million) EBIDTA Qrtrly YoY (₹ in Million) EBIDTA YoY (₹ in Million) 22% 24% 10% 456 456 1,645 375 367 1,502 6.72 % 6.47 % 6.99% 6.90% 7.54% 6.47% Q3 FY 2024 Q4 FY 2025 Q4 FY 2024 Q4 FY 2025 FY 2024 FY 2025 PAT QoQ (₹ in Million) PAT Qrtrly YoY (₹ in Milli
Slide 21: Quarterly and Yearly Trends
QUARTERLY AND YEARLY TRENDS Operating Cash Flows (₹ in Million) Investing Cash Flows (₹ in Million) Financing Cash Flows (₹ in Million) 938 595 1,272 FY 2024 FY 2025 FY 2024 FY 2025 FY 2024 FY 2025 (1,258) (667) (761) Net Change in Cash (₹ in Million) 275 FY 2024 FY 2025 (155)
Slide 22: Operational Highlights
OPERATIONAL HIGHLIGHTS Showroom Presence Average Revenue per Store Average Bill Value Own Franchisee 95492 1559 1433 1135 1412 21 1195 90801 88509 13 15 1 12 12 2 2 2 2 20 10 10 11 13 FY 21 FY 22 FY 23 FY 24 FY 25 FY 21 FY 22 FY 23 FY 24 FY 25 FY 23 FY 24 FY 25 Inventory Days Inventory (₹ in Million
Slide 23: Strategy
STRATEGY
Slide 24: Strategic Priorities
STRATEGIC PRIORITIES DEEPEN GEOGRAPHICAL FOCUS Expanding untapped Markets Focus on penetrating micro markets in rural areas and tier 3 cities of Andhra Pradesh andTelangana Strengthening RuralFocus Gold ownership is higher in rural areas, increasing with income levels, driven by limited investment o
Slide 25: Strategic Priorities
STRATEGIC PRIORITIES OPERATIONAL EFFICIENCY New Vendors / Suppliers for Jewellery Designs Enhancing jewellery design offerings by partnering with new vendors to diversify and modernize our portfolio, catering to evolving customer preferences with a dynamic mix of traditional and contemporary designs
Slide 26: Financials
FINANCIALS
Slide 27: Balance sheet
Balance sheet Particulars (₹ in Million) Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Assets 1. Non-currentassets (a) Property, plant and equipment 440.46 402.59 434.13 463.47 (b) Capital work-in-progress 4.70 7.69 7.38 30.19 (c) Investmentproperties 194.31 196.00 197.70 191.57 (d) Other inta
Slide 28: Balance sheet
Balance sheet Particulars (₹ in Million) Mar31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 2. Currentassets (a) Inventories 13,172.26 10,806.37 9,335.83 7,671.5 (b) Financial assets (i) Trade receivables 295.50 266.48 243.83 200.21 (ii) Cash and cash equivalents 253.03 407.98 132.60 63.92 (ii) Bank
Slide 29: Balance sheet
Balance sheet Particulars (₹ in Million) Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Equity andliabilities 1. Equity (a) Equity share capital 488.47 488.47 390.80 97.70 (b) Other equity 6,699.15 5,689.35 3,054.70 2,630.89 Total equity 7,187.62 6,177.82 3,445.50 2,728.59 2. Non-currentliabili
Slide 30: Balance sheet
Balance sheet Particulars (₹ in Million) Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 3. Currentliabilities (a) Financial liabilities (i) Lease liabilities 47.72 34.33 33.38 30.96 (ii) Borrowings 3,559.46 3,660.01 3,534.01 3,737.09 (iii) Trade payables - Dues to micro and small enterprises 55
Slide 31: Statement of Profit and Loss
Statement of Profit and Loss Particulars (₹ in Million) Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 I) Income (a) Revenue fromoperations 23,840.17 21,496.73 20,273.44 16,939.19 (b) Otherincome 134.25 114.20 39.60 37.80 II) Total income 23,974.42 21,610.93 20,313.03 16,976.98 III) Expenses (a
Slide 32: Statement of Profit and Loss
Statement of Profit and Loss Particulars (₹ in Million) Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 VI) Exceptional items 0.00 0.00 0.00 0.00 VII) Profit before tax (V-VI) 1,296.64 1,086.70 958.35 584.12 VIII) Tax expense: (a) currenttax 336.00 285.11 250.38 157.38 (b) deferredtax (5.08) (7.
Slide 33: Cash Flows Statement
Cash Flows Statement Particulars (₹ in Million) Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 A) Net cash flows from operating activities Net profit before tax and exceptional items 1,296.64 1,086.70 958.35 584.12 Adjustments for : Depreciation and amortization 83.26 84.20 85.61 86.94 Actuaria
Slide 34: Cash Flows Statement
Cash Flows Statement Particulars (₹ in Million) Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Increase / (Decrease) of Trade payables 410.52 615.82 (505.60) 297.23 Increase / (Decrease) of Other financial liabilities (current) (7.69) 8.68 1.06 2.58 Increase / (Decrease) of Other current liabil
Slide 35: Thank You
THANK YOU CIN No: L55101AP1989PLC009734 T: +91 891 6634567, E: cs@vaibhavjewellers.com W: www.vaibhavjewellers.com
Manoj Vaibhav Gems 'n' Jewellers — Investor Presentation (March 2025) on 6ix