V.i.p.industries Ltd. · NSE:VIPIND
V.i.p.industries — Q2 FY21 Earnings Presentation
13 slides from V.i.p.industries's earnings presentation, Nov 9, 2020
Slide 1: Stock exchange cover letter on analyst presentation
9th November, 2020 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal St, Kala Ghoda, Fort, Plot No. C/1, G Block, Mumbai – 400001 Bandra Kurla Complex, Bandra (East), Mumbai – 400 051. BSE Code No.– 507880, 959848 and 959982 NSE Code – VIPI
Slide 2: Investors Update Q2 FY21 November 2020
May Investors Update Q2 FY21 November 2020
Slide 3: Contents
Contents Company Overview Consolidated Financial Results Financial Highlights Other Expenses Key Financial Metrics Cash Flow
Slide 4: Company Overview
Company Overview VIP Industries Ltd. is Asia’s largest and the world’s second largest luggage architect, headquartered in Mumbai. A public limited Indian company manufacturing luggage and travel accessories, VIP Industries Ltd. has more than 8000 retail outlets in its armoury apart from a well-devel
Slide 5: Consolidated Financial Results
Consolidated Financial Results Quarter ended Half year ended Year ended Particulars Sep-20 Jun-20 Sep-19 Sep-20 Sep-19 Mar-20 Income from Operations 108 58 415 166 982 1,731 Material Consumed 63 23 193 86 472 806 Employee Cost 30 39 58 68 112 210 Others Expenses 32 34 94 66 199 408 EBIDTA -17 -38 70
Slide 6: Financial Highlights
Financial Highlights • Q2 revenue impacted due to COVID-19. Revenue at 26% of last year September quarter at 108 Cr • Gross Margin is 42% mainly due to higher discounts and high mix of India produced goods sale rather than Bangladesh production • Overall Expense is down by 41% as compared to last ye
Slide 7: Other Expenses
Other Expenses For the Quarter ended For the Half year ended Year ended Particulars Sep-20 Jun-20 Sep-19 Sep-20 Sep-19 Mar-20 Job Work Charges 0.8 0.3 5.0 1.1 10.2 23.5 Electricity, Power & Fuel Expenses 1.9 1.2 4.7 3.1 10.3 21.0 Rent 2.2 0.9 1.9 3.1 3.3 4.2 Repairs 2.3 2.0 2.7 4.3 5.2 11.6 Insuranc
Slide 8: Key Financial Metrics
Key Financial Metrics Net Debt Net Current Assets 464 60 335 Nil - Sep-20 Sep-19 Sep-20 Sep-19 Investments & Cash & Bank Borrowings 206 204 77 17 Sep-20 Sep-19 Sep-20 Sep-19
Slide 9: Key Financial Metrics – Q2
Key Financial Metrics – Q2 Revenue Gross Margin 450 415 70% 60% 375 60% 54% 50% 300 42% 40% 225 30% 150 108 20% 58 75 10% - 0% Sep-20 Jun-20 Sep-19 Sep-20 Jun-20 Sep-19 EBITDA PBT before Exceptional Item 30% 50 41 17% 30 10% 10 -10% Sep-20 Jun-20 Sep-19 -10 Sep-20 Jun-20 Sep-19 -16% -30% -30 -50% -5
Slide 10: Key Financial Metrics – H1
Key Financial Metrics – H1 Revenue Gross Margin 982 1,000 60% 52% 900 48% 800 50% 700 40% 600 500 30% 400 300 20% 166 200 10% 100 - 0% H1 LY H1 H1 LY H1 EBITDA PBT before Exceptional Item 30% 155 144 20% 20% 125 95 10% 65 0% 35 H1 LY H1 -10% 5 -25 H1 LY H1 -20% -55 -30% -85 -40% -33% -115 -111
Slide 11: Standalone Cash Flow
Standalone Cash Flow Actual Actual Particulars Q1 FY21 Q2 FY21 Collections 117 143 Total Inflows 117 143 Payments Employee Payments 49 38 Chinese Vendors 5 11 Indian Vendors 17 20 Bangladesh Companies 33 19 Other Expenses 20 57 Total Outflows 124 145 Surplus / (Deficit) - 1 -6 -3 Opening balance -2
Slide 12: Disclaimer
Disclaimer • Statements in this presentation, particularly those which relate to management’s views and analysis, describing the Company’s objectives, projections, estimates and expectations may constitute “forward looking statements” within the meaning of applicable laws and regulations. • Actual r
Slide 13: Thank you
Thank you V/P