Globus Spirits Limited · NSE:GLOBUSSPR
Globus Spirits — Q1 FY25 Earnings Presentation
20 slides from Globus Spirits's earnings presentation, Aug 12, 2024
Slide 1: Covering letter to NSE and BSE
Dated : 12th Aug 2024 The Na onal Stock Exchange of India Limited The BSE Limited Exchange Plaza, C-1, Block-G PhirozeJeejeebhoy Towers BandraKurla Complex, Dalal Street, Fort Bandra (E), Mumbai – 400 001 Mumbai – 400 051 Sub: Revised Presenta on to be released before investors and Analysts:- Ref: S
Slide 2: Result Presentation | Q1FY25
Option 2 Result Presentation | Q1FY25 Drink responsibly: The consumption of alcoholic beverages should always be approached responsibly and with awareness.
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Globus Spirits Limited (the “Company”), solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities and shall not f
Slide 4: Q1FY25 Snapshot
Q1FY25 Snapshot Consumer - Prestige & Above (P&A) Revenue Sales Volume (cases) EBITDA 0.19 Mn ✓ Volume and profit Growth in line with internal targets Rs. 272 Mn Rs. -35 Mn ✓ Mountain Oak showing good traction 272% YoY 292% YoY 45% YoY Prestige & Above 88% QoQ 50% QoQ 52% QoQ Consumer - Regular & Ot
Slide 5: Prestige & Above – High Growth Segment
Prestige & Above – High Growth Segment Category Net Revenue, Rs. Million Category Sales Volume, Million Cases Category EBITDA, Rs. Million 38% 84% 0.38 -35 452 328 272 0.20 0.19 -181 -281 FY23 FY24 Q1FY25 FY23 FY24 Q1FY25 FY23 FY24 Q1FY25 ✓ Profitability to improve with volume growth on the back of
Slide 6: Regular & Others – Stable Volume and Growth in Profitability
Regular & Others – Stable Volume and Growth in Profitability Category Sales Volume, Million Cases Category EBITDA, Rs. Million Category EBITDA Margin 1% 22% 14.2 20% 14.1 1,404 1,151 19% 430 17% 4.0 FY23 FY24 Q1FY25 FY23 FY24 Q1FY25 FY23 FY24 Q1FY25 ✓ Growth inline with internal targets. Entrenched
Slide 7: Launched Two New Brands across Whisky and Vodka in Uttar Pradesh
Launched Two New Brands across Whisky and Vodka in Uttar Pradesh Brothers & Co. – Whisky (Prestige & Above) Exclusive blend of Scotch, American Bourbon and Aged Indian Single Malt with a smoky, smooth and full-bodied experience that reflects the artistry of traditional blending methods. It will be a
Slide 8: Focus on Building Brands Across Segments
Focus on Building Brands Across Segments Segment Whisky Rum Vodka Gin RTD & Beer Indicative MRP Luxury MRP: Rs 2500+ Coming Soon Coming Soon Semi Luxury MRP: Rs 1300+ Coming Soon Super Premium MRP: Rs 800+ Semi Premium MRP: Rs 750 Premium Rs 165 MRP: Rs 650+ (330 ml) Coming Soon Deluxe MRP: Rs 500+
Slide 9: Snapshot of Select Brands (1/4)
Snapshot of Select Brands (1/4) Terai India Dry Gin • The 1st of its kind India Dry Gin, made at our purpose built craft distillery in Behror, Rajasthan. • Proudly Indian with 11 select botanicals sourced mainly from Khari Baoli, Asia's largest spice market in India. • An award winning Gin at presti
Slide 10: Snapshot of Select Brands (2/4)
Snapshot of Select Brands (2/4) Governors Reserve 100% Grain Whisky • Presenting a unique expression of art by our master blender. • This blend has been arrived after years of exploring combinations with the best scotch and malt whiskies. It is a perfectly balanced, light bodied whisky having an exc
Slide 11: Snapshot of Select Brands (3/4)
Snapshot of Select Brands (3/4) WHITE LACE • With distinct notes of fennel and orange in the two varieties available, White Lace fits in well with a wide range of flavors. Millionaire The vodka, made in Rajasthan, is a versatile and clean tasting drink GR8 Times – Whisky & Vodka In two variants, Whi
Slide 12: Snapshot of Select Brands (4/4)
Snapshot of Select Brands (4/4) Ghoomar Millionaire Ghoomar - which began as a traditional folk dance of the Bhil tribe in Rajasthan - is closely associated with celebrations and extremely popular now across the state of Rajasthan. A refreshing drink for the dry, arid heat of the Rajasthani desert.
Slide 13: Manufacturing – Strong Fundamentals, Current Headwinds due to Input Costs
Manufacturing – Strong Fundamentals, Current Headwinds due to Input Costs EBITDA Rs. Per litre – Yearly and Quarterly Total Installed Capacity, Million Ltr 301 301 7.7 260 7.1 Historical Average 165 Rs. 7 2.9 2.2 FY22 FY23 FY24 Q1FY25 FY22 FY23 FY24 Q1FY25* *Additionally commissioned UP bottling pla
Slide 14: Manufacturing - Existing State-of-the-Art Units
Manufacturing - Existing State-of-the-Art Units Rajasthan Facility West Bengal Facility Haryana Facility Capacity: 54.4 Mn Ltrs Capacity: 102 Mn Ltrs Capacity: 47.6 Mn Ltrs Products: Regular & Others, Prestige & Above, Bulk Products: Regular & Others, Prestige & Above, Bulk Products: Products: Regul
Slide 15: Financials
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Slide 16: Profit & Loss Highlights
Profit & Loss Highlights Particulars (Rs Mn) Q1FY25 Q1FY24 YoY (%) Q4FY24 QoQ (%) FY24 Net Revenues from Operations 6,421 5,701 12.6% 5,899 8.8% 24,147 Other Income 18 19 -6.4% 52 -66.2% 135 Total Income 6,439 5,720 12.6% 5,951 8.2% 24,282 Consumption of Material 4,515 3,369 34.0% 4,209 7.3% 16,479
Slide 17: Balance Sheet Highlights
Balance Sheet Highlights Liabilities (Rs Mn) Mar-23 Mar-24 Assets (Rs Mn) Mar-23 Mar-24 Networth 8,866 9,716 Fixed Assets (Incl. CWIP) 8,988 10,156 LT Borrowings 1,112 919 Right to use of Assets 265 305 Provisions 46 65 Investments 0 38 Deferred Tax Liabilities 1,102 841 Other Financial Assets 686 1
Slide 18: Cash Flow Highlights
Cash Flow Highlights Cash Flow Extract (Rs Mn) FY23 FY24 Net cash generated from Operating Activities (A) 1,281 1,629 Net cash used in Investing Activities (B) -2,108 -1,844 Net cash used in Financing Activities (C) 850 -56 Net (decrease)/ increase in cash and cash equivalents (A+B+C) 23 -271 Add: C
Slide 19: Board of Directors and Management Team
Board of Directors and Management Team Management Team Ajay Kumar Swarup Shekhar Swarup Dr. Bhaskar Roy Managing Director Joint Managing Director Executive Director & COO • Joined the family business in 1981 after • After studying Marketing and Finance • A CA since 1987, PhD in Commerce from having
Slide 20: Let's Connect
Let’s Connect Globus Spirits Limited Mr. Nilanjan Sarkar, CFO Phone : +91 11 6642 4600 Email : nsarkar@globusgroup.in Stellar IR Advisors Pvt. Ltd. Ms. Pooja Sharma / Mr. Suyash Samant Phone : +91 22 6239 8024 Email : pooja.sharma@stellar-ir.com suyash@stellar-ir.com