Godfrey Phillips India Ltd. · NSE:GODFRYPHLP
Godfrey Phillips India — Q4 FY2024 Earnings Presentation
20 slides from Godfrey Phillips India's earnings presentation, Jun 3, 2024
Slide 1: Cover letter to stock exchanges
3rd June 2024 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Bandra-Kurla Complex, Mumbai 400001 Bandra (East), Mumbai 400051 SCRIP CODE: 500163 SYMBOL: GODFRYPHLP Subject: Earnings Presentation. Ref.: Regulation 3
Slide 2: Earnings Presentation Q4 & FY24 (Consolidated)
Godfrey Phillips India Limited (GPIL) (BSE: 500163; NSE: GODFRYPHLP) EARNINGS PRESENTATION Q4 & FY 24 (CONSOLIDATED) W E B U I L D US
Slide 3: FY24 Highlights
FY24 Highlights Company Tobacco Consumer & Retail Rs. 11,271 Cr. Rs 9,397 Cr. Rs. 484 Cr. Gross Sales Value Domestic Gross Sales Value TFS Gross Sales Value Rs. 1,975 Cr. Gross Profit Rs. 47 Cr. Rs. 1,343 Cr. Confectionary Gross 17.5% International Gross Sales Value Sales Value Gross Profit Margin R
Slide 4: Godfrey Phillips Product Portfolio – FY24
Godfrey Phillips Product Portfolio – FY24 Net Sales: Rs. 5,239 Cr Tobacco Non -Tobacco 66% 26% 8% Domestic International Consumer, Retail & others Marlboro2 TFS (24Seven) Confectionary Tobacco Leaf, Cigarettes & Processed tobacco 1 The ratios shown above are based on Net Sales 2 Marlboro is manufact
Slide 5: Management Perspective
Management Perspective We are delighted to announce our FY24 financial results which reflect our continuing growth momentum from last year to this year. The Company has recorded consolidated Gross Sales Value of Rs. 11,271 Crores and Net Profit of Rs. 884 Crores representing increase of 20% and 28%
Slide 6: About Us
About Us ➢ One of the leading FMCG Companies in India - flagship company of KK Modi Group ➢ Diversified business interests – Tobacco & Confectionary ➢ Strong Credit Rating : CRISIL A1+ (Short Term Debt) and AA+/Stable (Long Term Loan) ➢ State-of-the-art Research & Development Facilities – ISO 17025
Slide 7: Driving Future Growth
Driving Future Growth Growth Priorities Target New Focus on Focus on Cigarette International strengthening Markets Business the core Strategic Direction ✓ Sustain growth momentum across all markets and prepare a base for quantum jump ✓ Strengthen partnership with Philip Morris International in the m
Slide 8: Growth Priorities – International Business Division
Growth Priorities – International Business Division Build on existing contract manufactured cigarettes export markets and augment unmanufactured tobacco business Rs. 1,343 Cr In FY24 Net Sales Value Own Brand Cigarette 26% Contribution in FY24 Net Sales Global Operations Significant market presence
Slide 9: Other growth priorities – Confectionery division and Ferrero Products
GPI’s other growth priorities – Confectionery division and Ferrero Products Confectionery Ferrero Products Funda Goli • In May-2024 the Company has signed a product supply agreement with Ferrero India Private Limited for distribution/re-sale of the sweet- • With the introduction of the Funda Goli ra
Slide 10: Cigarette Domestic Volume
Cigarette Domestic Volume Annual Volumes (million per month) Quarterly Volumes (million per month) 11% 1,403 1,354 1,295 1,236 1,163 1,187 1,186 967 930 775 FY 20 FY 21 FY 22 FY 23 FY 24 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 www.godfreyphillips.co 9
Slide 11: FY24 Financial Summary
FY24 Financial Summary Consolidated Rs. Crore Q4 FY24 Y-o-Y% Q4 FY23 Q3 FY24 Q-o-Q% FY24 Y-o-Y% FY23 1 Gross Sales Value 2787 22.1% 2283 3064 11271 19.8% 9409 2 Gross Revenue 1197 974 1488 5305 4260 Less- Excise duty 231 178 238 885 697 Net Revenue 966 21.4% 796 1250 (22.7)% 4420 24.1% 3563 3 COGS 4
Slide 12: Revenue Analysis
Revenue Analysis Gross Sales Value –Annual (Rs. Crore) Gross Sales Value – Quarterly (Rs. Crore) 20% 3,064 2,797 2,787 11,271 2,623 2,283 9,410 7,167 7,332 6,426 FY 20 FY 21 FY 22 FY 23 FY 24 Q4 FY 23 Q1 FY 24 Q2 FY 24 Q3 FY 24 Q4 FY 24 • Gross Sales Value includes Excise Duty, NCCD, GST, GST Compen
Slide 13: Gross Profit and Net Profit Contribution
Gross Profit and Net Profit Contribution Gross Profit (Rs. Crore) and Margin (%) Net Profit (Rs. Crore) and Margin (%) 11% 28% 2500 884 29.0% 10.0% 1975 850 2000 1782 27.0% 690 9.0% 1616 750 25.0% 8.0% 1462 650 1500 1302 7.0% 23.0% 550 7.3% 7.8% 438 6.0% 22.5% 450 385 376 1000 21.0% 6.0% 350 5.0% 19
Slide 14: Focus on People as single largest priority
Focus on People as single largest priority; GPI as Great Place to Work – consistently for 6 years in a row 1 Building Culture of Performance Recognizing high performance and augmenting talent quotient with productivity building measures 2 Capability Building Skilling and reskilling initiatives on an
Slide 15: A focused approach led to a 4X increase
ESG is now an integral part of the business; impact in first year showcased through a leap in external ratings from 11 to 43 Defining a Responsibility & Implementation ESG governance Roadmap framework Setting out ESG targets BRSR Reporting Aligning policies as per Integrated best practices Report GP
Slide 16: Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR) Community Development Program for Burley Tobacco Farmers Program Objective : Tobacco is the core component of Company’s product. The marginalized farmers community need to be protected to ensure • Sustainable livelihood for community Company operates in • Tobacc
Slide 17: Activities under CSR 2023-24
Activities under CSR 2023 - 24 The social initiatives of Godfrey Phillips are in line with the UN SDG’s for livelihood, education, water & sanitation, environment, health and climate change. Creating and maintaining 4 Health assessments and treatment Access to safe drinking water with biodiversity p
Slide 18: Corporate Social Responsibility (CSR) Impact, Awards & Recognitions
Corporate Social Responsibility (CSR) Impact , Awards & Recognitions for Godfrey Phillips Program Impact : • Reduced deforestation with higher reliance on concrete and galvanized steel log based community sheds for safeguarding produce and livestock. • Larger green cover for the community and the en
Slide 19: Contact Us
Contact Us Godfrey Phillips India Limited CIN: L16004MH1936PLC008587 Registered Office: Corporate Office: Macropolo Building, Ground Floor 14, Omaxe Square, Dr. Babasaheb Ambedkar Road Jasola District Centre Lalbaug, Mumbai 400033 New Delhi 110025 For more information, please contact: Sunil Agarwal
Slide 20: Godfrey Phillips India Limited Head and Registered Office
GODFREY PHILLIPS INDIA LIMITED HEAD OFFICE Godfrey Phillips India Limited, 14, Omaxe Square, Jasola District Centre New Delhi 110025 Tel.: +91 11-2683 2155, 2631 8400 Fax: +91 11-2683 5803 REGISTERED OFFICE ‘Macropolo Building’, Ground Floor, Dr. Babasaheb Ambedkar Road, Lalbaug, Mumbai - 400033 For
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