Som Distilleries & Breweries Ltd. · NSE:SDBL
Som Distilleries & Breweries — FY2020 Earnings Presentation
20 slides from Som Distilleries & Breweries's earnings presentation, Jun 30, 2020
Slide 1: Cover letter to stock exchanges: Investors Presentation
~ GROUP OF COMPANIES 0°&0 o CIN : L74899DL 1993PLC052787 SOM DISTillERIES & BREWERIES l TO. ISO 900 I:20 15 Certified Company Corporate Office: 23, Zone-II, Maharana Pratap Nagar, Bhopal-462 0 II (Madhya Pradesh) Tel.: +91-755-4278827, 4271271 Fax: +91-755-2557470 E-mail: sdltd@bsnl.in, somdistiller
Slide 2: Earnings Presentation 12M FY2020
SOM Distilleries & Breweries Limited (BSE: 507514, NSE: SDBL) Earnings Presentation 12M FY2020
Slide 3: Safe Harbor
Safe Harbor 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 SOM Distilleries & Breweries’ future business developments and economic
Slide 4: Highlights
Highlights Financial Highlights Operational Highlights Major Developments Company Profile
Slide 5: Performance Highlights
Performance Highlights 12M FY2020 vs. 12M FY2019 Beer Sales Volume IMFL Volume Total Volume 85.5 Lakh Cases 11.9 Lakhs Cases 97.5 Lakhs Cases +12.6% +22.7% +13.8% Total Income EBITDA PAT Rs. 4,635 mn Rs. 479 mn Rs. 150 mn +16.8% Margin: 10.3% Margin: 3.2% 4
Slide 6: Management Commentary
Management Commentary We had a strong start to the year, but the growth pace was impacted in the fourth quarter due to outbreak of pandemic. Despite the challenges, we recorded total income growth of 16.8% during FY2020. This performance was supported by volume increase of 12.6% and 22.7%, for beer
Slide 7: Financial Highlights
Highlights Financial Highlights Operational Highlights Major Developments Company Profile
Slide 8: Performance – 12M FY2020
Performance – 12M FY2020 Q4 y-o-y Twelve Months y-o-y (Rs. Million) FY2020 FY2019 Growth (%) FY2020 FY2019 Growth (%) Total Income 969 1,149 (15.7)% 4,635 3,967 16.8% EBITDA (2) 80 nm 479 528 (9.2)% Margin (%) nm 7.0% 10.3% 13.3% Interest 38 37 3.1% 154 124 23.7% Depreciation 38 26 47.6% 117 88 33.3
Slide 9: Performance – 12M FY2020 vs 12M FY2019
Performance – 12M FY2020 vs 12M FY2019 Total Income EBITDA Net Income 16.8% (9.2)% (23.9)% 4,635 197 3,967 528 479 150 12M FY2019 12M FY2020 12M FY2019 12M FY2020 12M FY2019 12M FY2020 • Beer Revenue increased by 17.0% y-o-y while Beer volumes increased by 12.6% compared to last year • IMFL Revenue
Slide 10: Conservative Balance Sheet
Conservative Balance Sheet Gross Debt / Equity Gross Debt / LTM EBITDA 4.59x 0.69x 2.92x 3.16x 0.52x 0.55x 2.73x 0.50x 1,628 1,679 1,773 2,202 Jun-19 Sep-19 Dec-19 Mar-20 Jun-19 Sep-19 Dec-19 Mar-20 Transformational growth investments funded without risking Balance Sheet Mar 31 Dec 31 Sep 30 (Rs. Mi
Slide 11: Covid-19 Impact and Response
Covid-19 Impact • Operations were impacted from mid-March to early May. Operations continue to be impacted in key states • Very limited sales in the key summer months which contribute majority of our annual sales Impact • Point of sales reduced significantly as all retail outlets across states have
Slide 12: Operational Highlights
Industry Dynamics Financial Highlights Operational Highlights Major Developments Company Profile
Slide 13: Millionaire Beer Brands - Meeting the aspirations of our consumers
Millionaire Beer Brands - Meeting the aspirations of our consumers 35.9 Volume Mix 32.5 16% 8% 15% 11% 19% +10.4% Quantity Sold (in lakh cases) 12M FY2019 12M FY2020 92% 89% 84% 81% 85% 18.9 Q4 FY2019 Q1 FY2020 Q2 FY2020 Q3 FY2020 Q4 FY2020 14.4 (23.9)% 12M y-o-y Lakh cases FY2020 FY2019 Growth (%)
Slide 14: Major Developments
Industry Dynamics Financial Highlights Operational Highlights Major Developments Company Profile
Slide 15: Major Developments
Major Developments Free ears arte sgt ras ret & Feet A wee gt ATER I Wee aU | A A MONDAY 3° FI BHOPAL
Slide 16: Major Developments
Major Developments Acquired a brewery asset in Odisha with capacity of 42 Started supply of Woodpecker draught beer – filtered lakh cases per annum (Jul 2018). Commenced operation wheat beer to key markets in Bangalore (Oct 2019) from March 2019 Woodpecker Distilleries started canning line of beer a
Slide 17: Company Profile
Industry Dynamics Financial Highlights Operational Highlights Major Developments Company Profile
Slide 18: SOM Distilleries – Who we are
SOM Distilleries – Who we are Founded in 1993, flagship company of the 8.35 million cases of Beer and 1.19 million SOM Group of Companies cases of IMFL sold in FY2020 Installed capacity of 15.2mn cases of Beer SOM FY2020 Total Income of Rs. 4,635 mn; 5 Year and 3.3mn cases of IMFL Distilleries CAGR
Slide 19: Synergy Opportunities – Beer and IMFL Brands
Synergy Opportunities – Beer and IMFL Brands • Hunter Super Strong Premium Beer • Pentagon Gold Edition Whisky • Power Cool Super Strong Beer • Legend Premium Whisky • Black Fort Super Strong Beer IMFL Brands • 2Ist Century Pure Malted Whisky • Legend Premium Lager Beer Beer Brands • GS Genius Whisk
Slide 20: SOM Distilleries & Breweries Limited
SOM Distilleries & Breweries Limited (BSE: 507514, NSE: SDBL) Som Distilleries & Breweries Limited (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
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