V-guard Industries Limited · NSE:VGUARD
V-guard Industries — Q1 FY22 Earnings Presentation
16 slides from V-guard Industries's earnings presentation, Jul 30, 2021
Slide 1: Exchange submission cover letter
July 30, 2021 The Manager The Manager Listing Department, Listing Department, BSE Limited, Phiroze Jeejeebhoy Towers, National Stock Exchange of India Limited, Dalal Street, Exchange Plaza, 5th Floor, Plot No. C/1, Mumbai- 400 001 G Block, Bandra-Kurla Complex, Bandra- East, Mumbai- 400 051 Ref:- Sc
Slide 2: V-Guard Industries Q1 FY22 Earnings Presentation
V-Guard Industries Q1 FY22 Earnings Presentation
Slide 3: Disclaimer
2 Disclaimer Certain statements in this communication may be ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those
Slide 4: Table of Contents
3 Table of Contents MD’s Message 04 Key Highlights 05 Financial Highlights 6-8 Segment-wise/Geographical Breakup of Revenues 9-10 Annexure 11-13
Slide 5: Managing Director's Message
4 Managing Director’s Commenting on the performance for Q1 FY22, Mr. Mithun Chittilappilly, Managing Director – Message V-Guard Industries Limited said, “During Q1, we have delivered a fairly strong financial and operating performance while bearing the impact of the second wave of Covid-19 that was
Slide 6: Key Highlights – Q1 FY22
Key Highlights – Q1 FY22 5 Revenue increased by • Q1 FY22 revenue increased by 38.2% YoY to Rs. 560.7 crore; witnessed an impact from lockdowns owning to COVID-19. 38.2% YoY in Q1 • South and Non-South markets witnessed YoY growth of 34.7% and 43.0%, respectively FY22 • Non-South markets contributed
Slide 7: P&L Snapshot
6 P&L Snapshot P&L Statement Q1 FY22 Q1 FY21 Change Q4 FY21 FY21 FY20 Change Particulars (Rs. Cr) (Rs. Cr) % (Rs. Cr) (Rs. Cr) (Rs. Cr) % Net Revenue 560.72 405.83 38.2% 849.10 2,699.00 2,481.96 8.7% COGS 375.57 287.26 30.7% 582.24 1,848.73 1,658.20 11.5% Gross Margin 33.0% 29.2% 3.8% 31.4% 31.5% 33
Slide 8: Financial Highlights (Q1 FY22 vs. Q1 FY21)
7 Financial Highlights (Q1 FY22 vs. Q1 FY21) Total Income (Rs. crore) Gross Profit 561 185 406 119 Key ratios (%) Q1 FY22 Q1 FY21 Gross Margin 33.0% 29.2% 38.2% 56.2% EBITDA Margin (excl. other income) 7.7% 2.2% Q1 FY21 Q1 FY22 Q1 FY21 Q1 FY22 Net Margin 4.4% 0.9% Ad & Promotion Exp. (excl. schemes)
Slide 9: Financial Highlights – Balance Sheet Perspective
Financial Highlights – Balance Sheet Perspective 8 Balance Sheet Snapshot (Rs. Cr) 30 June 2021 31 March 2021 30 June 2020 Net Worth 1,236.1 1,207.8 999.1 Gross Debt 10 10.0 10.0 Current Investments 0.0 0.0 0.0 Cash & Cash Equivalents (inc. bank balance) 164.0 281.1 359.3 Net Cash Position (Rs. cror
Slide 10: Segment-wise Breakup – Q1 FY22 vs. Q1 FY21
9 Segment-wise Breakup – Q1 FY22 vs. Q1 FY21 Q1 FY22 Q1 FY21 YoY growth Segment Revenue Contribution (%) Contribution (%) (Rs. Cr) (Rs. Cr) (%) Electronics 159.0 28.4% 137.7 33.9% 15.5% Electricals 252.0 44.9% 182.7 45.0% 38.0% Consumer Durables 149.7 26.7% 85.5 21.1% 75.1% Grand Total 560.7 100.0%
Slide 11: Geographical Breakup of Revenues
10 Geographical Breakup of Revenues Q1 FY22 Q1 FY21 YoY growth Region Contribution (%) Contribution (%) (Rs. Cr) (Rs. Cr) (%) South 318.4 56.8% 236.4 58.3% 34.7% Non-South 242.3 43.2% 169.4 41.7% 43.0% Total Revenue 560.7 100% 405.8 100% 38.2%
Slide 12: Annexure
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Slide 13: Market Overview of V-Guard's Product Portfolio
12 Market Overview of V-Guard’s Product Portfolio Total Market Size Indicative Org. Industry Growth VG Share in Electronics Product Key Players (Rs. Crs.) Market Size (%) Rate (%) Org. Market (%) Microtek, Livguard, Stabilizers 1,700-1,800 55-60% 7-8% 42-45% Bluebird Luminous, Microtek, DUPS & Batte
Slide 14: Market Overview of V-Guard's Product Portfolio
13 Market Overview of V-Guard’s Product Portfolio Total Market Size Indicative Org. Industry Growth VG Share in Appliances Product Key Players (Rs. Crs.) Market Size (%) Rate (%) Org. Market (%) Water Heaters 2,500-2,600 65-70% 10-12% 14-16% Havells, Bajaj, Crompton, Racold Crompton, Usha, Havells,
Slide 15: About V-Guard Industries
14 About V-Guard Industries V-Guard Industries Limited (BSE:532953, NSE: VGUARD) is a Kochi based company, founded in 1977 by Kochouseph Chittilapilly to manufacture and market Voltage stabilizers. The Company has since then established a strong brand name and aggressively diversified to become a mu
Slide 16: Thank You
THANK YOU