Radico Khaitan Limited · NSE:RADICO
Radico Khaitan — FY2015 Earnings Presentation
18 slides from Radico Khaitan's earnings presentation, May 22, 2015
Slide 1: Radico Khaitan Limited FY2015 Earnings Presentation
Radico Khaitan Limited (NSE: RADICO; BSE: 532497) FY2015 Earnings Presentation May 22, 2015
Slide 2: Important Notice
Important Notice 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 performa
Slide 3: Financial Highlights
Financial Highlights FY2015 vs. FY2014 Q4 FY2015 vs. Q4 FY2014 • Net Sales of Rs. 1,846.5 Crore; flat y-o-y • Net Sales of Rs. 419.4 Crore • Prestige & Above brands volume growth of 8.8% • Prestige & Above brands volume growth of 7.2% • Prestige & Above brands increased from 18.3% • Prestige & Above
Slide 4: Management Perspectives
Management Perspectives Commenting on the results and performance, Dr. Lalit Khaitan, Chairman and Managing Director said: “FY2015 has been a very difficult year for the spirits industry in India. However, we believe that this is a short term challenge and Radico Khaitan is very well positioned for
Slide 5: Economic Environment
Economic Environment Input costs experienced a stabilising trend; Anticipated price increases across states to offset subdued volumes • As per the India Sugar Mills Association (ISMA), sugar production upto 15th May 2015 in the current sugar season was 27.8 MT representing a growth of 14% compared t
Slide 6: Financial Overview
Financial Overview Q4 and Full Year FY2015 Financial Performance Q4 y-o-y Full Year y-o-y (Rs. Crore) FY2015 FY2014 Growth (%) FY2015 FY2014 Growth (%) Gross Sales 986.8 1,054.4 (6.4)% 4,397.5 4,337.4 1.4% Net Sales 419.4 449.8 (6.7)% 1,846.5 1,857.2 (0.6)% Operational EBITDA 31.8 40.1 (20.6)% 180.7
Slide 7: Operational Performance
Operational Performance Prestige & Above category continues to be a key contributor and driver of future growth Prestige & 17.3% 19.5% Above as % of 18.3% 20.7% Total Volume 203.60 194.88 47.09 166.43 45.09 154.45 38.93 36.29 39.29 36.46 37.17 40.43 8.16 8.808.85 9.78 Q4 FY14 Q4 FY15 Q2 FY14 FY14 Q2
Slide 8: Performance Discussion
Performance Discussion FY2015 Financial Highlights Net Sales: Net Sales remained flat at Rs. 1,846.5 Crore. However, the Prestige & Above brands volume increased by 8.8%. As a percentage of total IMFL volumes, these brands now contribute 20.7% compared to 18.3% last year. IMFL sales contributed 74%
Slide 9: Performance Discussion
Performance Discussion Q4 FY2015 Financial Highlights Net Sales: Net Sales declined by 6.7% to Rs. 419.4 Crore. Prestige & Above brands volume increased by 7.8%. As a percentage of total IMFL volumes, these brands now contribute 19.5% compared to 17.3% last year. EBITDA: Operational EBITDA decreased
Slide 10: Monde Selection Quality Awards
Monde Selection Quality Awards Grand Gold Award Gold Award 1. Magic Moments Vodka Gold 2. Magic Moments Remix Green Apple Flavoured Vodka Gold 3. Morpheus Brandy Gold 4. Magic Moments Remix Orange Flavoured Vodka Gold 1. Magic Moments Lemongrass & Ginger Flavoured Vodka 5. Magic Moments Remix Lemon
Slide 11: Company Overview
Company Overview Radico Khaitan is one of the leading players in the premium spirits segment Radico Khaitan Overview Market Leading Premium Brands • One of the largest players in the Indian spirits • Launched in 2005, Magic Moments is industry the market leader in the premium • Operates three distil
Slide 12: Statutory Results
Statutory Results Fourth Quarter and Full Year Results for FY2015 PART - 1 (Figures Rs. In lakhs) Sl. No. Particulars (1) (2) (3) (4) (5) Quarter Quarter Quarter Year ended Year ended ended ended ended 31.03.2015 31.03.2014 31.03.2015 31.12.2014 31.03.2014 (Audited) (Audited) (Audited) (Unaudited) (
Slide 13: Statutory Results
Statutory Results Fourth Quarter and Full Year Results for FY2015 PART - 1 (Figures Rs. In lakhs) Sl. No. Particulars (1) (2) (3) (4) (5) Quarter Quarter Quarter Year ended Year ended ended ended ended 31.03.2015 31.03.2014 31.03.2015 31.12.2014 31.03.2014 (Audited) (Audited) (Audited) (Unaudited) (
Slide 14: Statutory Results
Statutory Results Fourth Quarter and Full Year Results for FY2015 PART II Sl. No. Particulars (1) (2) (3) (4) (5) Quarter Quarter Quarter Year ended Year ended ended ended ended 31.03.2015 31.03.2014 31.03.2015 31.12.2014 31.03.2014 (Audited) (Audited) (Audited) (Unaudited) (Audited) A Particulars o
Slide 15: Statutory Results
Statutory Results Fourth Quarter and Full Year Results for FY2015 (in Rs Lakhs) As at As at Particulars 31.03.2015 31.03.2014 A EQUITY AND LIABILITIES 1 Shareholders' funds (a) Share capital 2,660.78 2,660.78 (b) Reserves and surplus 80,267.62 75,445.95 Sub-total - Shareholder's funds 82,928.40 78,1
Slide 16: Statutory Results
Statutory Results Fourth Quarter and Full Year Results for FY2015 (in Rs Lakhs) As at As at Particulars 31.03.2015 31.03.2014 B ASSETS 1 Non-current assets (a) Fixed assets - Tangible assets 54,196.55 53,067.82 - Intangible assets 3,077.92 3,982.20 - Capital work-in-progress (at cost) 80.30 812.06 (
Slide 17: Statutory Results
Statutory Results Fourth Quarter and Full Year Results for FY2015 Notes: 1. The above financial results were reviewed by the Audit Committee and taken on record by the Board of Directors in their meeting held on 22nd May 2015. 2. The figures for the quarter ended 31st March 2015 and 31st March 2014
Slide 18: Radico Khaitan Limited
Contact Details: Radico Khaitan Limited (CIN: L26941UP1983PLC027278) B-1/J-1, Mohan Co-operative Industrial Area Main Mathura Road, New Delhi – 110044 Phone: +91 11 409 75 400 / 500 Fax: +91-11-41678841/42 www.radicokhaitan.com Dilip Kumar Banthiya banthiyadk@radico.co.in Chief Financial Officer +91