Vedant Fashions Limited · NSE:MANYAVAR
Vedant Fashions — Q3 FY2025 Earnings Presentation
28 slides from Vedant Fashions's earnings presentation, Jan 31, 2025
Slide 1: Vedant Fashions Limited Investor Presentation - Jan 2025
Vedant Fashions Limited Investor Presentation - Jan 2025
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Vedant Fashions 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 securi
Slide 3: About Vedant Fashions
About Vedant Fashions >:
Slide 4: Introduction to Vedant Fashions
Introduction to Vedant Fashions Indian Wedding and Celebration Wear Brands 01 02 03 04 Headquartered in Kolkata, incorporated in One-stop destination with wide product Largest company in India in men’s Indian Omni-channel network of EBOs, MBOs, LFS 2002 by Mr. Ravi Modi, Vedant Fashions portfolio fo
Slide 5: What makes VFL Special
What makes VFL Special Aspirational Yet Value for Money Curated Marketing Strategy with Multi Channel Presence o Aspirational Brand with Aristocratic & seamless customer experience o Emotional connect with theme-based campaigns o Uniform pricing across online & offline channels in India o Celebrity
Slide 6: Evolution Over the Years
Evolution Over the Years Launch of Brand Manyavar 1st EBO in Surpassed >INR Launched Mohey Strategic Acquisition Launched Twamev (Men’s Listing on Stock Exclusive Mohey started operations Bhubaneshwar 1,000 mn EBO (Women’s of Mebaz premium wear brand) Exchanges Flagship EBO; via predecessor revenue
Slide 7: Key Investment Highlights/ Our Strengths
Key Investment Highlights/ Our Strengths
Slide 8: Key Investment Highlights/ Our Strengths
Key Investment Highlights/ Our Strengths 01 02 Market leader in Indian celebration 03 Unique business model combining Large & growing Indian wedding & asset-light brand play along with wear market with diversified brand celebration wear market driven by an seamless purchase experience; no portfolio
Slide 9: Diversified Brand Portfolio Catering to Aspirations of Entire Family
Diversified Brand Portfolio Catering to Aspirations of Entire Family Brands Year Target Group Price Spectrum Distribution Product Portfolio Key Attributes Men: Kurta, Indo-western, Sherwani, o Category leader in branded Indian wedding & celebration EBOs, MBOs, LFS, jacket, accessories, Jodhpuri wear
Slide 10: Our Growth Strategy
Our Growth Strategy >:
Slide 11: Our Growth Strategy
Our Growth Strategy Retail Expansion within Up-selling and cross- Enhancement of brand Significant potential and Disciplined approach and outside India selling initiatives appeal through targeted space for growth of our towards acquisitions marketing initiatives emerging brands Vedant Fashions Limit
Slide 12: Q3 and 9M FY25 Key Highlights, Update and Financial Performance
Q3 and 9M FY25 Key Highlights, Update and Financial Performance
Slide 13: Company Key Performance Highlights
Company Key Performance Highlights • In Q3 FY25, retail footprint presence increased by 50 k sq. ft. net retail area and total retail presence stands at 1.75 mn sq. ft. as on 31st December 2024 ; • Company has also rolled out 2 exclusive EBO’s of Twamev Brand in the quarter; • During Q3 FY25, Retail
Slide 14: Wide Pan-India Reach and Presence including International Markets
Wide Pan-India Reach and Presence including International Markets Presence (As of YTD Dec FY25) Net Rollout (Q3 FY25) Net Rollout (9M FY25) 1.75 mn sq. ft. 50.4 k sq. ft. 49 k sq. ft. EBO’s Area* EBO’s Area EBO’s Area (Including 37K area of Intl. Stores in 4 Countries) 666 16 EBO’s* (Including 16 In
Slide 15: Vedant Fashions Limited
WAWAWAWAWAYAWER WAKES ENTE ua s . , co WWAVAWAWAVIA LY WAVATAWAWAWA TTT 15 Vedant Fashions Limited
Slide 16: Key Financial Highlights (Consolidated)
Key Financial Highlights (Consolidated) INR in mn Q3 FY25 YoY Analysis Revenue from Operations Gross Profit 1 & Gross Margin EBITDA2 & EBITDA Margin PAT & PAT Margin Margins → 67.8% 67.3% Margins → 51.1% 47.4% Margins → 33.2% 30.9% +7.8% 0.0% +0.2% +6.9% 4,745 5,113 2,424 2,424 1,577 1,580 3,218 3,4
Slide 17: Key Retail Performance Overview
Key Retail Performance Overview Retail Performance Vs Q3 & 9M FY25 INR in mn (Sale of our Customers1) across Channels Q3 FY’24 Vs Q3 FY’25 9M FY’24 Vs 9M FY’25 ** +9.0% +2.3% 7,088 13,722 6,504 13,416 Q3 FY’24 Q3 FY’25 9M FY’24 9M FY’25 VFL recorded SSSG2 of +2.6% in Q3 FY25 over Q3 FY24 VFL recorde
Slide 18: Profit and Loss Statement Q3 and 9M FY25 (Consolidated)
Profit and Loss Statement Q3 and 9M FY25 (Consolidated) INR in mn Quarter ended Nine Month ended Year ended Particulars Dec 31, 2024 Dec 31, 2023 Dec 31, 2024 Dec 31, 2023 31-Mar-24 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Sr.no Income: I Revenue from operations 5,113 4,745 10,190 1
Slide 19: Manyavar Wedding Campaign
Manyavar Wedding Campaign A group of men posing for a picture Description automatically generated A person and person holding each other Description automatically generated Please click to play the Video Vedant Fashions Limited • 19
Slide 20: Mohey Wedding Wear Campaign
Mohey “Wedding Wear” Campaign A group of women in traditional dresses A person in a yellow dress holding a red umbrella Description automatically generated Description automatically generated Please click to play the Video Vedant Fashions Limited • 20
Slide 21: Twamev Wedding Campaign 'Truly You'
Twamev Wedding Campaign 'Truly You' Vedant Fashions Limited • 21
Slide 22: Celebration and Festive Wear Brand Diwas
Celebration and Festive Wear Brand “Diwas” Vedant Fashions Limited • 22
Slide 23: Mebaz Wedding Campaign You Are The Occasion
Mebaz Wedding Campaign “You Are The Occasion" Please click to play the Video Vedant Fashions Limited • 23
Slide 24: Financial Summary
Financial Summary
Slide 25: Long Track Record of Strong Growth Trajectory
Long Track Record of Strong Growth Trajectory INR in mn Revenue & Sales of Customers Gross Profit1 EBITDA2 Sales of Customer Margins Margins 12,652 8,362 14,736 18,614 18,527 65.3% 66.8% 66.9% 67.4% 67.2% 43.6% 49.9% 50.1% 50.1% 48.6% 13,549 13,675 9,126 9,186 6,783 6,643 10,408 6,958 5,213 9,155 5,
Slide 26: Awards and Accolades
Awards and Accolades 2024 2015 2021 2019 “India Retail Champions Award” “National Retailer of the Year” “Transformational Contribution to Indian 4th Annual Indian Retail & Indian eRetail RAI Category “Most Admired Retailer of the year Apparel and Retail Industry” Awards Apparel & Lifestyle category
Slide 27: Glossary
Glossary Term Description Company Vedant Fashions Limited The report titled “Assessment of the apparel industry with a special focus on Indian wedding and celebration wear market in India” dated Sep-2021 as updated Crisil Report by the addendum dated December 2021 prepared by CRISIL EBO Exclusive br
Slide 28: Company and Investor Relations Contact
COMPANY : Vedant Fashions Limited CIN : L51311WB2002PLC094677 Investor Relations Team investor.relations@manyavar.com investor.relations@manyavar.com www.vedantfashions.com www.vedantfashions.com INVESTOR RELATIONS ADVISORS : Orient Capital (a division of Link Group) Mr. Nikunj Jain Mr. Viral Sankle