Radico Khaitan Limited · NSE:RADICO
Radico Khaitan — Q2 FY2022 Earnings Presentation
22 slides from Radico Khaitan's earnings presentation, Nov 2, 2021
Slide 1: Cover letter to stock exchanges
ad RKL/SX/202 1-22/63 November 02, 2021 Bombay Stock Exchange Ltd. National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, 5t1i Floor Dalal Street Plot no. C/i, G Block Mumbai-400 001. Bandra-Kurla Complex, Bandra (E) Mumbai-400 051. Scrip Code: 532497 Scrip Code: RADICO Sub:
Slide 2: Q2 FY22 Earnings Presentation
Radico Khaitan Ltd. (BSE: 532497; NSE: RADICO) Q2 FY22 Earnings Presentation
Slide 3: Earnings Presentation | Q2 FY2022
Earnings Presentation | Q2 FY2022
Slide 4: Q2 FY2022 Performance Highlights
Q2 FY2022 Performance Highlights Strong operational performance amidst inflationary pressures Q2 FY2022 vs. Q2 FY2021 H1 FY2022 vs. H1 FY2021 o Total IMFL volume of 6.47 Million Cases (+7.1%) o Total IMFL volume of 12.09 Million Cases (+26.2%) o Prestige & Above brands volume of 1.99 Million Cases o
Slide 5: Q2 FY2022 Performance Highlights
Q2 FY2022 Performance Highlights Strong cash flow generation and net debt reduction of over ` 79 Crore since March 2021 Cumulative net debt reduction of ` 828 Crore since FY2016 coupled with higher working capital efficiency 61 Working Capital Days* 33 947 785 162 570 215 63 382 319 250 198 184 119
Slide 6: Management Perspectives
Management Perspectives Commenting on the results and performance, Dr. Lalit Khaitan, Chairman & Managing Director said: “These are exciting times at Radico Khaitan as we have launched two of the most awaited super premium brands. During October 2021, we unveiled Royal Ranthambore Heritage Collectio
Slide 7: Performance Trend
Performance Trend Q2 y-o-y Q1 q-o-q Half Year y-o-y FY2022 FY2021 Growth (%) FY2022 Growth (%) FY2022 FY2021 Growth (%) IMFL Volumes (Million Cases) Prestige & Above 1.99 1.69 17.7% 1.48 34.3% 3.48 2.74 26.7% Regular & Others 4.48 4.35 3.0% 4.13 8.5% 8.61 6.84 25.9% Total Volume 6.47 6.04 7.1% 5.61
Slide 8: Performance Trend
Performance Trend Q2 y-o-y Q1 q-o-q Half Year y-o-y FY2022 FY2021 Growth (%) FY2022 Growth (%) FY2022 FY2021 Growth (%) Financial Performance (` Crore) Revenue from Operations (Gross) 3,077.19 2,752.99 11.8% 2,884.29 6.7% 5,961.48 4,533.54 31.5% Revenue from Operations (Net) 708.83 630.05 12.5% 602.
Slide 9: Performance Trend
Performance Trend Q2 y-o-y Q1 q-o-q Half Year y-o-y (` Crore) FY2022 FY2021 Growth (%) FY2022 Growth (%) FY2022 FY2021 Growth (%) Revenue from Operations (Gross) 3,077.19 2,752.99 11.8% 2,884.29 6.7% 5,961.48 4,533.54 31.5% Revenue from Operations (Net) 708.83 630.05 12.5% 602.76 17.6% 1,311.59 1,03
Slide 10: Performance Discussion
Performance Discussion Q2 FY2022 Highlights o Revenue from Operations (Net) grew by 12.5% y-o-y during the quarter. Total IMFL volume growth was 7.1% y-o-y led by Prestige & Above category volume growth of 17.7%. Prestige & Above net revenue growth was 22.1% compared to Q2 FY2021. IMFL sales value a
Slide 11: Environment Stewardship
Environment Stewardship Creating value and sustainable growth keeping in mind commitment to environment and society Recycled Increased the usage of recycled glass from 4.5% to 14.1% in the past two years for key large brands Glass Bottle Weight On an average, reduced about 10% of the bottle weight a
Slide 12: Social Commitments
Social Commitments Creating value and sustainable growth keeping in mind commitment to environment and society • In addition to cash donations, manufactured and supplied sanitizers free of cost to government and private institutions • Installed six oxygen generators across different cities in UP • D
Slide 13: Unveiled New Brands in Line with its Premiumization Strategy
Radico Khaitan Unveiled New Brands in Line with its Premiumization Strategy Magic Moments Dazzle Vodka and Royal Ranthambore Heritage Collection-Royal Crafted Whisky Earnings Presentation | Q2 FY2022
Slide 14: History Innovation and Brand Building
History Innovation and Brand Building Fourteen brands launched in the last fifteen years, thirteen are in premium categories Started the After creating Launched branded IMFL brands in high Launched Jaisalmer, a luxury division and volume regular Rampur Indian Indian craft gin, launched its first cat
Slide 15: Brand Portfolio
Brand Portfolio Broad choice for consumers with focus on premium brands MRP Whisky Rum Brandy Vodka Gin Luxury > Rs. 4,000 Semi Luxury Rs. 1,000 – 2,000 MS: 58% Super Premium Rs. 700 – 1,000 MS: 90% Semi-Premium / Premium MS: 5% Rs. 500 – 700 CSD Deluxe MS: Rs. 400 – 500 10% Regular CSD MS: MS: Rs.
Slide 16: New Brand Launch – Magic Moments Dazzle
New Brand Launch – Magic Moments Dazzle Special Edition – Premium Grain and Vanilla Flavored vodka The 7 stage filtration process Single Grain Rice Vodka Gold Silver • Filters: Carbon, Silver, Platinum and Gold • Filters: Carbon, Silver and Platinum • A delightful blend infused with crispy • An exqu
Slide 17: New Brand Launch – Magic Moments Dazzle
New Brand Launch – Magic Moments Dazzle Special Edition – Premium Grain and Vanilla Flavored vodka Magic Moments Bottled In Bottled In Semi Dazzle is uniquely Regular Premium positioned to fill Origin (Entry Origin (Super Premium this gap Level) Premium) • Global trends indicate an increase in flavo
Slide 18: New Brand Launch – Royal Ranthambore
New Brand Launch – Royal Ranthambore Heritage Collection-Royal Crafted Whisky • Blended Malt Scotch & Scotch Grain from Malted Barley: Crafted from different bespoke Blended Malt Scotch from various regions of Scotland. Scotch grain is also blended to harmonize the Whisky. Though by definition it’s
Slide 19: New Brand Launch – Royal Ranthambore
New Brand Launch – Royal Ranthambore Heritage Collection-Royal Crafted Whisky Tasting Notes: Visual/Colour: Golden hue complemented by tint of amber Nose/Aroma: Warm and intense malty aromas make their presence felt followed by sweet floral notes and hints of citrus. At the end subtle forest honey a
Slide 20: New Brand Launch – Royal Ranthambore
New Brand Launch – Royal Ranthambore Heritage Collection-Royal Crafted Whisky Segment Competing Brands Price Points (Rs./750 ml) Rationale Golfer’s Shot Blenders Pride Rare Premium Peter Scot Premium Rockford Classic Signature Rare Aged Sterling Reserve B10 700 – 950 • Consumers of the Signature Pre
Slide 21: Disclaimer
Disclaimer 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 performance. W
Slide 22: Radico Khaitan Limited
Radico Khaitan Limited (CIN: L26941UP1983PLC027278) J-I, Block B-I, Mohan Co-operative Industrial Area, Mathura Road, New Delhi-110044 Ph.: +91-11-4097 5400/5500 Fax: +91-11-4167 8841/42 www.radicokhaitan.com