Relaxo Footwears Limited · NSE:RELAXO
Relaxo Footwears — Investor Presentation (2015)
26 slides from Relaxo Footwears's investor presentation, 2015
Slide 1: Quality Par Excellence
Quality Par Excellence Corporate Presentation RELAXO FOOTWEARS LIMITED
Slide 2: Forward Looking Statements
Forward Looking Statements 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 Relaxo Footwears’ (Relaxo) future business developments a
Slide 3: Table of Contents
Table of Contents 1. Evolution of The Relaxo Group 4 2. Board of Directors 7 3. Corporate Objectives and Quality 9 4. Operational Overview 11 5. Brands Overview 13 6. Investment Highlights 18 7. Operational and Financial Highlights 19 8. Driving the Next Phase of Growth 22 9. Industry Dynamics 23 10
Slide 4: Evolution of Relaxo Group
Evolution of Relaxo Group START UP CONSOLIDATE CREATE STRONG SPREAD THE AND MARKET BRAND CORPORATE EXPAND SHARE VISIBILITY WINGS FY2015 Rs. 1,47,278 L Net Sales FY2008 Rs. 30,566 L FY2000 FY1988 FY1994 Rs. 12,424 L FY1976 FY1982 Rs. 2,939 L Rs. 12 L Rs. 77 L Rs. 768 L FY1976 FY1974 FY1978 FY1982 FY1
Slide 5: Milestones Achieved
Milestones Achieved Launch of Major Brands Set Up of Plants 2013 RFL-8, Bahadurgarh 2009 RFL-7, Bahadurgarh 2008 RFL-6, Bahadurgarh 2007 RFL-5, Haridwar Sparx 2005 Flite 2004 RFL-4, Bahadurgarh 2001 RFL-3, Bhiwadi 1999 RFL-2, Bahadurgarh Schoolmate Marvel Polymers Pvt Ltd, Delh
Slide 6: Relaxo Today
Relaxo Today Overview Key Brands o Largest Footwear manufacturing company in India; Sold 12.28 Crores of Footwear pairs in FY2015 o Products include Rubber / EVA slippers, canvas shoes, sport shoes, sandals, school shoes and other types of Footwear o Portfolio of 11 brands and ~50,000 retailers serv
Slide 7: Board of Directors
Board of Directors Ramesh Kumar Dua Mukand Lal Dua Managing Director Whole Time Director Nikhil Deval Vivek Pankaj Kuruvila Deepa Dua Ganguly Kumar Shrimali Kuriakose Verma Whole Time Whole Time Director Director Director Director Director Director Executive Director Independent Director 7
Slide 8: Board of Directors
Board of Directors Director Background Ramesh Kumar Dua, • Over 37 years of experience in marketing, production and product development in rubber Footwear Industry Managing Director • Director in Relaxo Rubber Pvt. Ltd. and Marvel Polymers Pvt. Ltd. • A commerce graduate and rubber technologist (LPR
Slide 9: Corporate Objectives
Corporate Objectives To Explore National and International Markets Product Innovation through Design and Development Increase Retail Footprint 100% Statutory and Legal Compliance Optimum Utilization of Resources Best in Class Quality Meet and Exceed Customer Expectations Developing Human Resource as
Slide 10: Commitment to Quality
Commitment to Quality Relaxo has consistently lived by and upheld its quality assurance, rigidly adhering to the statutes of quality par excellence and absolute customer satisfaction Product innovation through design and development. Consistent quality through process standardization. Commitment to
Slide 11: Plant and Relaxo Retail Owned Store Network
Plant and Relaxo Retail Owned Store Network Stores Footprint Facilities by Brand Number of Brand Location Facilities Bahadurgarh (2) Jammu & Kashmir Relaxo 3 Bhiwadi (1) Haryana Delhi Flite Bahadurgarh (3) 3 Punjab Uttarakhand Bahadurgarh (1) Sparx 2 Haridwar (1) Uttar Pradesh Rajasthan Relaxo Retai
Slide 12: Corporate Office and Manufacturing Facilities
Corporate Office and Manufacturing Facilities Relaxo’s state-of-the-art manufacturing facilities are equipped with futuristic infrastructure powered by cutting-edge technology and progressive machinery Corporate Office- RFL 1 & 2 - RFL 3 - Bhiwadi RFL 4 - Bahadurgarh Rohini, Delhi Bahadurgarh RFL 5
Slide 13: Brands Overview
Brands Overview Brand Brand Overview Target Consumer Brand Ambassador Most popular and basic Indian Footwear All strata of the society -- category of Rubber & Eva slippers. Relaxo is the largest manufacturer of Rubber/EVA slippers in India Fashionable and Lite Footwear brand. Youngsters Sonakshi Sin
Slide 14: Brands Overview – Relaxo
Brands Overview – Relaxo “When it comes to slippers, comfort is of utmost importance. Available in diverse shades and styles, our rubber/EVA slippers are known for their long lasting durability, eye catching designs and great comfort, making them ideal as well as a popular choice for all age groups.
Slide 15: Brands Overview – Flite
Brands Overview – Flite “Fashion is not created overnight, it may take a decade to shine bright. Some hold the grace, which is unusual. Some mark the impression of class yet casual. Feel the vibrancy of colours, add style to your feet with fashionable & lite Flite. Step in to the paradise of fashion
Slide 16: Brands Overview – Sparx
Brands Overview – Sparx “Embodying the spirit of youth, Sparx gives you that extra confidence and motivation to move ahead in life. Best known for its sturdy and superb designs, Sparx is an iconic youth brand and is quite popular among those who dare to explore and test their limits” Product: Sparx
Slide 17: Brands Overview – Schoolmate
Brands Overview – Schoolmate “Schoolmate stands for an expression of Relaxo’s faith and commitment towards the young leaders of tomorrow. Especially designed to keep the tender feet of children happy all day long, Schoolmate shoes are the best choice for your active and energetic children” Product:
Slide 18: Investment Highlights
Investment Highlights Largest Footwear Manufacturing Company in India Market Strong visibility and brand recall Position Substantial investments in marketing and brand building for leveraging competitive edge. Initiated a modern trade platform through institutional sales and online shopping
Slide 19: Market Data
Market Data Shareholding Pattern (31st March 2015) Market Data FII DII Retail Market Cap. (Rs. million) (31-Mar-15) 38,764 Corporate 2.4% 0.4% 6.2% Bodies Outstanding Shares (million) (31-Mar-15) 60.0 16.0% Book Value /Share (Rs.) (31-Mar-15) 61.30 Bloomberg Ticker RLXF:IN Reuters Ticker RLXO.BO BSE
Slide 20: Financial Highlights – Yearly
Financial Highlights – Yearly Sales (Rs. Lacs) and Growth (%) EBITDA (Rs. Lacs) and Margin (%) 147,278 13.6% 120,583 12.4% 100,498 11.1% 11.0% 20,103 85,973 10.6% 68,601 14,936 11,089 9,526 7,241 23.9% 25.3% 22.1% 16.9% 20.0% FY11 FY12 FY13 FY14 FY15 FY11 FY12 FY13 FY14 FY15 Net Sales Growth (%) EBI
Slide 21: Leverage Profile
Leverage Profile FY2015 FY2014 Agency Instrument Rating Comment Particulars (Rs. Lacs) (Rs. Lacs) ICRA Short-Term A1+ Indicates top notch credit Short Term Borrowings* 9,489 8,404 Funds quality rating to short term Long Term Borrowings 14,450 11,431 debt instruments. Instruments rated in this Total
Slide 22: Driving The Next Phase of Growth
Driving The Next Phase of Growth Product Innovation • Launching new designs and products as per the consumer needs. • Continuous product innovation around functionality to delight consumers. • Investment in design and technical capabilities. Being closer to the consumer • Emphasis on building strong
Slide 23: Industry Dynamics
Industry Dynamics Indian Footwear Industry o India is the second largest producer of Footwear in the world after China with 16 billion pairs per annum, accounting for 13% of the global Footwear production Nearly 95% of the total Footwear production in India is sold domestically India’s Footwear
Slide 24: Corporate Social Responsibility
Corporate Social Responsibility Relaxo’s corporate social responsibility activities reflect its philosophy of implementing sound business practices, assisting the communities in which it operates and helping to shape a better, more sustainable society Social Upliftment Employee Cultural Health & Res
Slide 25: Awards and Certifications
Awards and Certifications Relaxo is committed to providing consistent value added quality Footwear and services to satisfy its customers through continual improvement and innovation 25
Slide 26: Quality Par Excellence
Quality Par Excellence RELAXO FOOTWEARS LIMITED Corporate Office: Aggarwal City Square, Plot No.10, Mangalam Place, District Centre, Sector-3, Rohini, Delhi-110085 (India) Phone: 91-11-46800500, 46800600 Fox: 91-11-46800598, 46800599 CIN:L74899DL1984PLC019097 Registered Office: 316-319, Allied House