V-mart Retail Ltd · NSE:VMART
V-mart Retail — Q2 FY2022 Earnings Presentation
18 slides from V-mart Retail's earnings presentation, Nov 8, 2021
Slide 1: Cover letter to stock exchanges
Ref. No. CS/S/L-533/2021-22 8th November, 2021 To: To: The Listing Department The Corporate Relationship Department NATIONAL STOCK EXCHANGE OF INDIA LIMITED THE BSE LTD “Exchange Plaza” Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001 Bandra (E ), Mumbai – 400 051 Scri
Slide 2: Review of Financial Results Q2 FY'22
www.vmartretail.com V-Mart Retail Ltd. Review of Financial Results Q2 FY’22
Slide 3: Disclaimer
This presentation has been prepared by V-Mart Retail Limited (“V-Mart”) and does not constitute a prospectus or placement memorandum or an offer to acquire any securities. This presentation or any other documentation or information (or any part thereof) delivered or supplied should not be deemed to
Slide 4: April - Sep FY'22 Key Highlights
April - Sep FY’22 Key Highlights Financial Parameters Operational Parameters 3
Slide 5: Key Highlights: April – Sep Results
Key Highlights: April – Sep FY’22 vs. FY’21 Results • Number of Stores : 368 (opened : 90, closed : 1) Includes 74 Unlimited stores acquired and integrated w.e.f 1st September 2021 • Revenue growth : 103% vs. FY’21 • Contribution of segment to total revenue : o Fashion 91% o Kirana 9% • Net profit/(
Slide 6: Financial Parameters: April - Sep
Financial Parameters : April - Sep FY’22 vs. FY’21 Sales (Millions) Sales Mix (%) 5,154 79.6% 79.0% 2,536 11.0% 11.8% 9.4% 9.2% YTD'22 YTD'21 Apparels Non Apparels Kirana 4.5% contribution from 74 Unlimited Stores EBITDA (Millions) PAT (Millions) 187 YTD'22 YTD'21 -62 YTD'22 YTD'21 -429 -526 CY PY 5
Slide 7: Operational Parameters: April - Sep
Operational Parameters : April - Sep FY’22 vs. FY’21 Footfall (Lakhs) Conversion Rate (%) 98 66.6% 64.7% 50 YTD'22 YTD'21 YTD'22 YTD'21 Transaction size (Rs.) Average Selling Price (Rs) Total Apparel 299 841 836 252 196 182 YTD'22 YTD'21 YTD'22 YTD'21 CY PY 6
Slide 8: Operational Parameters: April - Sep
Operational Parameters : April - Sep FY’22 vs. FY’21 Sales per sq feet (per month) Store Count (Nos) Tier 1 440 Tier 2 157 328 Tier 3 138 Tier 4 100 56 55 59 35 32 Tier 1 Tier 2 Tier 3 Tier 4 Tier 1 Tier 2 Tier 3 Tier 4 YTD'22 YTD'21 YTD'22 YTD'21 Same Store Sales Growth (%) Same Store Volume Growth
Slide 9: Operational Parameters: April - Sep
Operational Parameters : April - Sep FY’22 vs. FY’21 Expenses (% of Sales) Retail Space (Lacs Sq feet) YTD'22 YTD'21 19.3% 32 14.6% 22 5.0% 5.9% 5.3% 6.2% 2.3% 0.5% Manpower Power Advertisement Others YTD'22 YTD'21 Inventory (Days of Sales) Shrinkage (% of Sales) Total Apparel Non-apparel Kirana Inc
Slide 10: Key Highlights: Q2 Results
Key Highlights: Q2 FY’22 vs. FY’21 Results • Number of Stores : 368 (opened : 87, closed : 01) Includes 74 Unlimited stores acquired and integrated w.e.f 1st September 2021 • Revenue growth : 93% vs. Q2’21 • Contribution of segment to total revenue : o Fashion 91% o Kirana 9% • Net profit/(loss) : R
Slide 11: Financial Parameters: Q2
Financial Parameters : Q2 FY’22 vs. FY’21 Sales (Millions) Sales Mix (%) 3,380 79.4% 79.3% 1,755 11.2% 12.1% 9.4% 8.6% Q2'22 Q2'21 Apparels Non Apparels Kirana 6.9 % contribution from 74 Unlimited Stores EBITDA (Millions) PAT (Millions) Q2'22 Q2'21 206 -3 Q2'22 Q2'21 -141 -190 CY PY 10
Slide 12: Operational Parameters: Q2
Operational Parameters : Q2 FY’22 vs. FY’21 Footfall (Lakhs) Conversion Rate (%) 66 64.6% 59.5% 35 Q2'22 Q2'21 Q2'22 Q2'21 Transaction size (Rs.) Average Selling Price (Rs) Total Apparel 838 844 302 254 197 183 Q2'22 Q2'21 Q2'22 Q2'21 CY PY 11
Slide 13: Ind-AS 116: P&L Impact (YTD - FY'22)
Ind-AS 116 : P&L Impact (YTD - FY’22) (Rs. in million) Pre Ind-AS116 Post Ind-AS116 Net Impact on PBT Particulars (impact on PBT) - YTD (A) (B) C=(B-A) Rent 517 8 (509) Finance cost 2 325 323 Depreciation & Amortization 190 527 337 PBT decreased by 152 “Changes due to Ind-AS 116 (increase) / decreas
Slide 14: Financial Review – Profit & Loss Statement
Financial Review – Profit & Loss Statement Rs. in million (except per share data) For the period ended Particulars 30.09.2021 30.09.2020 (Unaudited) (Unaudited) I. Revenue from operations 5,154 2,536 II. Other income 86 164 III. Total Income (I + II) 5,240 2,700 IV Total expenses (IV) 5,819 3,411 V
Slide 15: Financial Review - Balance Sheet and CFS
Financial Review - Balance Sheet and CFS V-Mart Retail Limited (Rs. in million) Statement of un-audited Assets and Liabilities: As at As at V-Mart Retail Limited Particulars September 30, 2021 March 31, 2021 (Unaudited) (Audited) Cash Flow Statement for the period ended September 30, 2021 I ASSETS N
Slide 16: Stores Geographic Spread Q2 FY'22
Stores Geographic Spread Q2 FY’22 15
Slide 17: Stores Geographical Spread
Stores Geographical Spread States Existing* New* Closed* Total Assam 9 - - 9 Arunachal Pradesh 1 - - 1 Andhra Pradesh - 9 - 9 Bihar 51 3 - 54 Chandigarh 1 - - 1 Delhi 3 1 - 4 Goa - 1 - 1 Gujarat 6 1 - 7 Haryana 1 - - 1 Himachal Pradesh 2 - - 2 Jammu & Kashmir 8 - - 8 Jharkhand 20 2 - 22 Karnataka -
Slide 18: Thank you
www.vmartretail.com Thank you….!! In case of any queries, please contact the IR Team: ir@vmart.co.in