Globus Spirits Limited · NSE:GLOBUSSPR
Globus Spirits — Q1 FY2013 Earnings Presentation
17 slides from Globus Spirits's earnings presentation, Aug 11, 2012
Slide 1: Globus Spirits Limited Q1 FY13 Result Presentation
Globus Spirits Limited Q1 FY13 Result Presentation August 11, 2012
Slide 2: Safe Harbour
Safe Harbour No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after t
Slide 3: Table of Content
Table of Content Title Slide No. Company Overview 4 The 360O Way 5 Our Strengths 6-7 Demonstrated Track Record 8-9 Management’s Message 11 Q1 FY13 Financials 12 Balance Sheet Snapshot 13 Business Overview 14-15 Outlook 16 About Us & Investor Contacts 17
Slide 4: Globus Spirits Ltd – Company Overview
Globus Spirits Ltd – Company Overview Decades of management experience in this Sales & Capacity Utilization sector led by the promoter Mr. Ajay Swarup 8.00 7.14 100% Only company to have a 360o presence, offering 6.00 5.22 80% products across the value chain 3.84 60% 4.00 2.81 Strong consumer
Slide 5: The 360o Way
The 360o Way A Unique Model Perfected by Globus – Straddles the entire value chain in alcohol Enables Globus to capture margins across the value chain Allows the company to secure economies of scale in production Insulates the Company from any risk in the movement of prices, important in curre
Slide 6: Our Strengths
Our Strengths • Only Company in the Alcobev industry to straddle all segments of the spirits value chain (consumer and manufacturing) 360o Business Model • Insulates from risk in price movement of any one of the products • Enables leveraging growth opportunities across all segments • Ensures greater
Slide 7: Our Strengths
Our Strengths • Ability to build technologically superior plants at a much lower cost than the industry average: Over the last 3 years, ~3x capacity expansion has been Capital Efficient achieved without any equity dilution Operations • Strong cash conversion cycle resulting in low working capital in
Slide 8: Demonstrated Track Record
Demonstrated Track Record Total Income from Operations (Rs. Million) EBIDTA (Rs. Million) 6,000 5,574 800 750 700 652 5,000 3,835 600 4,000 500 400 3,000 2,650 400 1,971 286 300 245 2,000 1,569 200 1,000 100 0 0 FY08 FY09 FY10 FY11 FY12 FY08 FY09 FY10 FY11 FY12 PAT (Rs. Million) EPS (Rs.) 500 20 17.
Slide 9: Demonstrated Track Record
Demonstrated Track Record ROCE (%) RONW (%) 50% 40% 42.3% 34.9% 41.0% 35% 40% 30% 26.2% 31.3% 24.3% 30% 27.7% 25% 21.6% 20.8% 20% 17.9% 20% 15% 10% 10% 5% 0% 0% FY08 FY09 FY10 FY11 FY12 FY08 FY09 FY10 FY11 FY12 Debt to Equity (x) Debt to EBIDTA (x) 0.5 1.6 0.4x 1.3x 0.4 1.2 0.3x 0.3 0.3x 0.7x 0.2x 0
Slide 10: Q1 FY13 Financial Performance
6A Globus Spirits Qi FY13 Financial Performance
Slide 11: Management's Message
Management’s Message Commenting on Globus Spirit Limited’s Q1 FY13 results, Mr. Ajay Kumar Swarup, Managing Director of Globus Spirits Limited said: “GSL’s strength in the manufacturing space is complemented by a formidable presence in the consumer segment. For Q1 FY2013 we have posted 24.4% increas
Slide 12: Q1 FY13 Financials
Q1 FY13 Financials Particulars Q1 FY13 Q1 FY12 Y-o-Y Change % Income from Operations (Gross) 1,828.1 1,571.3 16.3 Less: Excise Duty Paid and Discount, 395.4 428.9 (7.8) Allowance & Returns Add: Other Operating Income 6.1 13.9 (56.2) Total Income from Operations (Net) 1,438.8 1,156.3 24.4 EBIDTA 187.
Slide 13: Balance Sheet Snapshot
Balance Sheet Snapshot Amount in Rs. Million, unless otherwise mentioned As on As on Particulars June 30, 2012 June 30, 2011 Gross Block 3,301 2,796 Networth 2,568 2,236 Total Debt 1,069 547 ₋ Working Capital 682 429 ₋ Term Loan 374 105 ₋ Others 13 13 Cash & Cash Equivalents 62 43 Net Debt: Equity (
Slide 14: IMIL & IMFL (Branded business)
IMIL & IMFL (Branded business) IMIL: Q1 Revenues and Volumes IMFL*: Q1 Revenues and Volumes 1,000 4 160 0.17 0.20 800 2.60 2.63 3 120 0.15 0.11 600 2 80 0.10 145 400 736 788 1 40 0.05 200 78 0 0 0 0.00 Q1 FY12 Q1 FY13 Q1 FY12 Q1 FY13 Sales (Rs. Mn) Volumes (Mn. Cases) Sales (Rs. Mn) Volumes (Mn. Cas
Slide 15: Franchisee IMFL & Bulk Alcohol
Franchisee IMFL & Bulk Alcohol Franchisee IMFL*: Q1 Revenues and Volumes Bulk Alcohol: Q1 Revenues and Volumes 15 0.41 0.4 500 10.21 12.0 400 10.0 0.4 10 8.0 0.4 300 12 6.0 11 0.4 200 3.79 5 388 4.0 0.35 0.3 100 2.0 145 0 0.3 0 0.0 Q1 FY12 Q1 FY13 Q1 FY12 Q1 FY13 Sales (Rs. Mn) Volumes (Mn. Cases) S
Slide 16: Outlook
Outlook To leverage strong distribution reach and experience in IMIL through introduction of innovative products New launches and expanding marketing and distribution network combined with focus on value enhancement to augment branded IMFL performance Franchisee Bottling business to register increas
Slide 17: About Us
About Us Established in 1992, Globus Sprits Limited (BSE code: 533104, NSE Id: GLOBUSSPR, ISIN Id: INE615I01010) is engaged in manufacturing, marketing and sale of Indian Made Indian Liquor (IMIL), Indian Made Foreign Liquor (IMFL), Bulk Alcohol and contract bottling for established IMFL brands. The