V2 Retail Limited · NSE:V2RETAIL
V2 Retail — Q4 FY2021 Earnings Presentation
29 slides from V2 Retail's earnings presentation, Jun 29, 2021
Slide 1: V2 Retail Limited - Revised Investor Presentation Filing Letter
V2 Retail Limited June 29, 2021 BSE Limited National Stock Exchange Of India Limited Corporate Relationship Department Listing Department lst Floor, New Trading, Rotunda Building, Exchange Plaza, Bandra Kurla Complex, P J Towers, Dalai Street, Fort, Bandra IEastl, M umbai -- 400 001 M umbai -- 400 0
Slide 2: Q4 FY21 Result Update
Q4 FY21 Result Update v2 Value # Vavieky
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by V2 Retail Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, an
Slide 4: Q4 & FY21 Highlights
Q4 & FY21 Highlights SPRING FASHION ESSENTIALS
Slide 5: Performance Highlights Q4 & FY21 - Standalone
Performance Highlights Q4 & FY21 - Standalone EBIDTA ₹ 123 Mn in Q4 FY21 as compared to ₹ 37 Mn in Q4 FY20. EBIDTA for FY21 stood at ₹ 709 Mn Gross Profit ₹ 418 Mn in Q4 FY21 as PBT compared to ₹ 295 Mn ₹ (107) Mn in Q4 FY21 in Q4 FY20. Gross Profit as compared to ₹ (155) for FY21 stood at ₹ Mn in Q
Slide 6: Highlights Q4 FY21
Highlights Q4 FY21 Store Count & Retail Area 01 95 Stores at end of Q4 FY21 (Opened 8, Closed 1) Total Retail area ~10 lakh sq.ft. SSG 02 Same Store Sales Growth 25% in Q4 FY21 ASP 03 Average Selling price in Q4 FY21 was ₹234 (Q4 FY20 ₹276) ABV 04 Average Bill value in Q4 FY21 was ₹ 730 (Q4 FY20 ₹ 7
Slide 7: Highlights FY21
Highlights FY21 Store Count & Retail Area 01 95 Stores at end of FY21 (Opened 27, Closed 8) Total Retail area ~10 lakh sq.ft. SSG 02 Same Store Sales Growth (31)% in FY21 ASP 03 Average Selling price in FY21 stood at ₹262 (FY20 ₹279) ABV 04 Average Bill value was ₹ 779 in FY21 (FY20 ₹743) PSF 05 Sal
Slide 8: Key Trends
Key Trends We have witnessed consumer demand momentum continuing during Q4 FY21. Despite certain restriction owing to pandemic, our revenue 1 recovered fully and also able to grow by 47% as compared to Q4 FY20 Due to lockdown and related restrictions, operations at majority of our stores are impacte
Slide 9: Standalone Financial Highlights
Standalone Financial Highlights Revenue (₹ Million) Gross Profit (₹ Million) and Gross Profit Margins EBIDTA (₹ Million) and EBIDTA Margins Profit After Tax (₹ Million) * Including exceptional gain of ₹ 125 mn (pre tax) 8
Slide 10: Profit & Loss - Standalone
Profit & Loss - Standalone Particulars (₹ million) Q4 FY21 Q4 FY20 Y-O-Y Q3 FY21 FY2021 FY2020 Y-O-Y Revenue from Operations 1,893 1,292 47% 2,274 5,386 7,012 -23% Other Income 84 6 11 222 23 Total Income 1,977 1,298 2,285 5,608 7,035 Gross Profit 418 295 41% 786 1,583 1,960 -19% GP Margin (%) 22.1%
Slide 11: Balance Sheet - Standalone
Balance Sheet - Standalone Particulars (₹ in Mn) FY2021 FY2020 Particulars (₹ in Mn) FY2021 FY2020 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Property, plant and equipment 971 889 Equity share capital 341 341 Capital Work in Progress - - Other equity 2,378 2,464 Right to use Assets 2,84
Slide 12: Pre Ind AS 116 P&L (Standalone)
Pre Ind AS 116 P&L (Standalone) Particulars (₹ million) Q4 FY21 Q4 FY20 Y-O-Y Q3 FY21 FY2021 FY2020 Y-O-Y Revenue from Operations 1,893 1,292 47% 2,274 5,386 7,012 -23% Other Income 13 5 0 19 7 Total Income 1,906 1,296 2,274 5,405 7,019 Cost of Material Consumed 1,475 996 1,488 3,803 5,053 Gross Pro
Slide 13: Profit & Loss - Consolidated
Profit & Loss - Consolidated Particulars (₹ million) Q4 FY21 Q4 FY20 Y-O-Y Q3 FY21 FY2021 FY2020 Y-O-Y Revenue from Operations 1,893 1,292 47% 2,274 5,386 7,012 -23% Other Income 84 8 13 230 25 Total Income 1,977 1,299 2,286 5,616 7,037 Gross Profit 425 295 44% 813 1,628 1,960 -17% GP Margin (%) 22.
Slide 14: Balance Sheet - Consolidated
Balance Sheet - Consolidated Particulars (₹ in Mn) FY2021 FY2020 Particulars (₹ in Mn) FY2021 FY2020 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Property, plant and equipment 1,049 922 Equity share capital 341 341 Capital Work in Progress - - Other equity 2,346 2,451 Right to use Assets
Slide 15: Cash Flow Statement for March 31, 2021
CASH FLOW STATEMENT FOR MARCH 31, 2021 Standalone Consolidated Particulars (₹ in Mn) FY2021 FY2020 FY2021 FY2020 PBT (131) 105 (153) 87 Adjustments 691 665 710 671 Operating profit before working capital changes 560 770 557 758 Changes in working capital (712) 176 (522) (14) Cash generated from oper
Slide 16: Store Presence
Store Presence Jammu & Kashmir (1) Uttar Pradesh (21) Arunachal (1) Kathua Gorakhpur 1; Gorakhpur 2; Itanagar Sitapur; Varanasi 1; Padrauna; Himachal (1) Gazipur; Pratapgarh; Lucknow; Behraich; Akbarpur, Varanasi 2; Solan Azamgarh; Ballia ; Varanasi 3; Assam (6) & Tripura (1) Gorakhpur 3; Basti; Rae
Slide 17: Our Brands
Our Brands Banka, Bihar JEYPORE, ORISSA 16
Slide 18: Promotions – Campaigns Q4 FY21
Promotions – Campaigns Q4 FY21 17
Slide 19: Promotions – Campaigns Q4 FY21
Promotions – Campaigns Q4 FY21 18
Slide 20: Promotions – Campaigns Q4 FY21
Promotions – Campaigns Q4 FY21 19
Slide 21: Promotions – Campaigns Q4 FY21
Promotions – Campaigns Q4 FY21 20
Slide 22: Board of Directors
Board of Directors 2% MENTASTIC FASHION
Slide 23: Board of Directors
Board of Directors Mr. Ram Chandra Agarwal, Mrs. Uma Agarwal, Mr. Akash Agarwal, Whole Ms. Rochelle Susanna Chairman and Managing Whole Time Director Time Director & CFO Dsouza, Nominee Director Director • Mr. Agarwal holds a bachelor’s • Mrs. Agarwal holds a • Mr. Akash Agarwal holds a • Ms. Rochel
Slide 24: Board of Directors
Board of Directors Mr. Harbir Singh Sidhu Dr. Arun Kumar Roopanwal Mr. Lalit Kumar Mrs. Archana S Yadav Independent Director Independent Director Independent Director Independent Director A Graduate (BA HONS) from He has over 35 Years of He has over 30 Years of A Chartered Accountant in Camb
Slide 25: Key Financial Indicators
Key Financial Indicators LATEST FASHION FOR YOUR LITTLE ONES __ Fe \ >
Slide 26: Financial Highlights – Standalone Profit & Loss Account
Financial Highlights – Standalone Profit & Loss Account ₹ in Million Particulars FY2017 FY2018 FY2019 FY2020 FY2021 Revenue from Operations 4,720 5,594 7,484 7,012 5,386 Other Income 16 33 99 23 222 Total Income 4,736 5,627 7,583 7,035 5,608 Growth (%) 65% 19% 34% -6% -23% Gross Profit 1,388 1,804 2
Slide 27: Robust Financial Performance
Robust Financial Performance Revenue (₹ Million) EBIDTA (₹ Million) and EBIDTA Margins PBT (₹ Million) PAT (₹ Million) 26
Slide 28: Key Operating Metrics
Key Operating Metrics No. of Stores and Retail Space (lakh sq.ft.) Inventory Holding Days Sales per Sq. Ft. (₹ Per Month) Rent per Sq. Ft. (₹ Per Month) 27
Slide 29: Thank You
Thank You For further information please contact: Investor Relation Advisors: Company: Dr. Rahul Porwal Mr. Sudhir Kumar Marathon Capital Advisory Private Limited (Company Secretary & Compliance Officer) Tel : +91-22-40030610 V2 Retail Limited Email : rahul@marathoncapital.in Tel : +91-11-41771850 E