Som Distilleries & Breweries Ltd. · NSE:SDBL
Som Distilleries & Breweries — FY2023 Earnings Presentation
24 slides from Som Distilleries & Breweries's earnings presentation, May 1, 2023
Slide 1: Exchange filing cover letter: Investors Presentation, Audited Financial Results
SOM DISTILLERIES AND BREWERIES LIMITED Registered Office: I-A, Zee Plaza, Arjun Nagar, Safdarjung Enclave, Kamal Cinema Road, New Delhi - 110029 Phone: +91-11-26169909, 26169712 Fax: +91-11-26195897 Corporate Office: SOM House, 23, Zone II, M.P. Nagar, Bhopal, Madhya Pradesh – 462011 Phone: +91-755-
Slide 2: Earnings Presentation 12M FY2023
SOM Distilleries & Breweries Limited (BSE: 507514, NSE: SDBL) Earnings Presentation 12M FY2023
Slide 3: Q4 FY2023 Earnings Conference Call
Q4 FY2023 Earnings Conference Call Conference Call Details: Tuesday, 02nd May 2023 at 3:00 PM IST Diamond Pass Link Primary Number +91 22 6280 1106 / +91 22 7115 8007 The number listed above is universally accessible from all networks and all countries. USA: 1 866 746 2133 UK: 08 081 011573 Toll Fre
Slide 4: Q4 FY2023 Performance
Q4 FY2023 Performance
Slide 5: The only listed Beer and IMFL company in India
SOM Distilleries: The only listed Beer and IMFL company in India Business Overview Beer Brands • SOM Distilleries & Breweries Limited (SDBL) is based in Bhopal and is one of the leading alcoholic beverages manufacturers in India • SDBL is primarily engaged in production of beer and blending and bott
Slide 6: Investment Case
Investment Case Millionaire • Only listed company in India having both Beer and IMFL, which complement each Brands other and reduces the risk of seasonality while providing marketing efficiencies • Strong portfolio of brands including millionaire brands, Hunter, Black Fort and Power Cool • Continuou
Slide 7: National and International Presence
National and International Presence INDIA Presence 6
Slide 8: Key developments for FY23
Key developments for FY23 Products Expansion Plans Operation Efficiency • Genius Prestige whiskey • Execution of an expansion • Highest sales ever • The Bhopal plant's beer gains 46% market share in plan of a Capex outlay of Rs recorded in a single month dispatch in January 2023 Karnataka segment wi
Slide 9: Q4 FY2023 Financial Highlights
Q4 FY2023 Financial Highlights Performance led growth impacting the topline Beer Sales Volume IMFL Volume Net Debt / EBITDA 47.2 Lakh Cases 2.4 Lakhs Cases +62.0 % +43.2 % 2.22x Total Income EBITDA PAT Rs. 2,530 mn Rs. 286 mn Rs. 159 mn +73.4 % Margin: +11.3 % Margin: +6.3 % 8
Slide 10: Management Commentary
Management Commentary We are pleased to report that our company has achieved remarkable performance during FY2023. We registered a total income of Rs 8,080 mn which has been the highest ever achieved by us; which grew by 121.1% on YoY basis. Our EBITDA was Rs 1,034 mn, which registered a growth of 5
Slide 11: Performance Highlights
Performance Highlights Q4 Y-o-Y 12M Y-o-Y (Rs. Million) FY2023 FY2022 Growth (%) FY2023 FY2022 Growth (%) Total Income 2,530 1,459 73.4% 8,080 3,655 121.1% Gross Profit 877 570 53.9% 3,227 1,581 104.2% Margin (%) 34.7% 39.1% 39.9% 43.3% EBITDA 286 118 141.8% 1,034 196 nm Margin (%) 11.3% 8.1% 12.8%
Slide 12: 12M FY2023 Performance
12M FY2023 Performance
Slide 13: 12M FY2023 Financial Highlights
12M FY2023 Financial Highlights Volume growth leading to the company reaching new heights Beer Sales Volume IMFL Volume Total Volume 149.6 Lakh Cases 8.9 Lakhs Cases 158.5 Lakhs Cases +118.9% +55.5% +114.1% Total Income EBITDA PAT Rs. 8,080mn Rs. 1,034mn Rs. 603mn +121.1% Margin: +12.8% Margin: +7.5
Slide 14: Performance Discussion
Performance Discussion Operational efficiencies leading to better cost management • Recorded beer volume of 149.6 lakh cases (118.9% y-o-y) • Recorded IMFL volume of 8.9 lakh cases (55.5% y-o-y) Volume and Sales • Beer revenue of Rs. 7,303 million; over 131.3% of FY22 • Our mainline brands; Hunter,
Slide 15: Leverage Profile
Leverage Profile Mar 31 Mar 31 (Rs. Million) 2023 2022 Secured 1,330 1,393 Borrowings Unsecured • Gross debt to equity ratio decreased from 1,092 580 Borrowings 0.68x in FY22 to 0.65x in FY23, indicating a improved debt position Gross Debt-Consolidated 2,422 1,973 • The net debt to EBITDA ratio witn
Slide 16: Operational Highlights
Operational Highlights
Slide 17: Volume Summary
Volume Summary Q4 Y-o-Y 12M Y-o-Y Lakh cases Growth Growth FY2023 FY2022 FY2023 FY2022 (%) (%) • The robust expansion in the mainline brands Hunter 14.8 8.9 65.5% 49.4 24.8 99.5% had a significant impact on the overall volumes, indicating a positive trend for the company Black Fort 5.7 4.1 39.2% 19.
Slide 18: Millionaire Beer Brands – Volume Consolidation
Millionaire Beer Brands – Volume Consolidation 20.0 14.8 8.9 9.0 5.6 Quantity Sold (in lakh cases) Q4 FY2022 Q1 FY2023 Q2 FY2023 Q3 FY2023 Q4 FY2023 7.2 5.7 4.1 3.6 3.4 Q4 FY2022 Q1 FY2023 Q2 FY2023 Q3 FY2023 Q4 FY2023 26.1 19.4 16.0 17.0 13.4 Q4 FY2022 Q1 FY2023 Q2 FY2023 Q3 FY2023 Q4 FY2023 17
Slide 19: Sustainability
Sustainability
Slide 20: Environment: Committed to minimizing environmental impact
Environment: Committed to minimizing environmental impact across the full range of our operations Environmental Reporting: We recognize that we are operating in a world where many natural resources that our business relies on, such as fossil fuels and water, are limited. We are committed to: • Worki
Slide 21: Social: Actively contributing to community development
Social: Actively contributing to the social, economic and environmental development of the community in which we operates Product Quality • Providing the best quality products and services to its consumers. SOM provides high-quality product assurance by - o Maintaining international standards and sp
Slide 22: Governance: With strong sense of values and commitment
Governance: With strong sense of values and commitment, we believe that profitability must go hand in hand with a responsibility Experienced and Skilled Board of Directors • Optimal blend of Executive and Non-Executive Directors with an appropriate balance of skills, experience, diversity and indepe
Slide 23: Awards and Recognitions
Awards and Recognitions Awarded Innovative CEO and Voted as ‘Asia’s Most Promising Best Product Debut and Best CSR excellence for smart Innovation by: Brand’ Award by: Spiritz Innovative 100 Winner of Monde Selection Quality Winner of AsiaStar Award SOM Distilleries & Breweries ESG Profile Link: htt
Slide 24: SOM Distilleries & Breweries Limited
SOM Distilleries & Breweries Limited (BSE: 507514, NSE: SDBL) (CIN: L74899DL1993PLC052787) Registered Office: Corporate Office: Zee Plaza, 1 - A SOM HOUSE Kamal Cinema Road 23, Zone II Arjun Nagar Maharana Pratap Nagar, Safdarjung Enclave Bhopal 462011 New Delhi 110029 Ph.: +91 755 427 8827 Nakul Se
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