V.i.p.industries Ltd. · NSE:VIPIND
V.i.p.industries — Q1 FY21 Earnings Presentation
16 slides from V.i.p.industries's earnings presentation, Aug 6, 2020
Slide 1: Cover letter to stock exchanges on analyst presentation
6th August, 2020 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal St, Kala Ghoda, Fort, Plot No. C/1, G Block, Mumbai – 400001 Bandra Kurla Complex, Bandra (East), Mumbai – 400 051. BSE Code No. 507880 NSE Code – VIPIND Subject: Presentati
Slide 2: Investors Update Q1 FY21 August 2020
May Investors Update Q1 FY21 August 2020
Slide 3: Contents
Contents Company Overview Consolidated Financial Results Financial Highlights Other Expenses Key Financial Metrics Cash Flow New Initiatives
Slide 4: Company Overview
Company Overview VIP Industries Ltd. is Asia’s largest and the world’s second largest luggage architect, headquartered in Mumbai. A public limited Indian company manufacturing luggage and travel accessories, VIP Industries Ltd. has more than 8000 retail outlets in its armoury apart from a well-devel
Slide 5: Focus in Q1 – Cost Rationalisation
Focus in Q1 – Cost Rationalisation • Prime focus for Q1 FY21 Cost Rationalisation • Achieved reduction in Fixed Overheads by 35% • Reduction is achieved by Reduction in Rent Store Closure Rationalisation in Manpower Cost Eliminate all discretionary spends
Slide 6: Consolidated Financial Results
Consolidated Financial Results Quarter ended Year ended Particulars Jun-20 Mar-20 Jun-19 Mar-20 Income from Operations 58 317 567 1,731 Material Consumed 23 132 280 806 Employee Cost 39 42 54 210 Others Expenses 36 106 105 411 EBIDTA -40 37 128 304 EBIDTA Margin -69% 12% 23% 18% Depreciation 21 22 1
Slide 7: Financial Highlights
Financial Highlights • Q1 revenue impacted due to COVID-19. Revenue at 7% of last year June quarter at 40.3 crore • High other income is due to impact of IND AS 116 – 14 crore because of Rent waivers, reduction and store closure and Insurance claim of Kerala Flood Rs. 1.9 crore • Gross Margin after
Slide 8: Other Expenses
Other Expenses For the Quarter ended Particulars Jun-20 Mar-20 Jun-19 Job Work Charges 0.28 7.42 5.17 Electricity, Power & Fuel Expenses 1.18 4.28 4.12 Rent 3.17 1.48 1.99 Repairs 2.11 4.40 3.25 Insurance 1.02 1.78 1.23 Rates and taxes 0.24 1.24 0.59 Travelling expenses 0.25 5.13 6.32 Directors' Fee
Slide 9: Key Financial Metrics
Key Financial Metrics Net Debt Net Current Assets 527 57 327 NIL - Jun-20 Jun-19 Jun-20 Jun-19 Investments & Cash & Bank Borrowings 149 159 73 16 Jun-20 Jun-19 Jun-20 Jun-19
Slide 10: Standalone Cash Flow
Standalone Cash Flow Actual Particulars Q1 FY21 Collection from Debtors 117 Total Inflows 117 Payments Employee Payments 49 Chinese Vendors 5 Indian Vendors 17 Bangladesh Companies 33 Other Expenses 20 Total Outflows 124 Surplus / (Deficit) - 1 -6 Opening balance -2 41 Additional Borrowings - 3 116
Slide 11: Entry in PPE Category - Masks & Face Shield
ENTRY IN PPE CATEGORY- Masks & Face Shield
Slide 12: New Channel - Pharmacy
New Channel- Pharmacy
Slide 13: Aug Launch: Skybags Face Shield
AUG LAUNCH : SKYBAGS FACE SHIELD
Slide 14: Merchandising Solutions
MERCHANDISING SOLUTIONS Counter top Hanging Floor standing unit
Slide 15: Disclaimer
Disclaimer • Statements in this presentation, particularly those which relate to management’s views and analysis, describing the Company’s objectives, projections, estimates and expectations may constitute “forward looking statements” within the meaning of applicable laws and regulations. • Actual r
Slide 16: Thank you
Thank you V/P