Associated Alcohols & Breweries Ltd. · NSE:ASALCBR
Associated Alcohols & Breweries — Q4 FY2023 Earnings Presentation
19 slides from Associated Alcohols & Breweries's earnings presentation, May 9, 2023
Slide 1: Stock exchange filing cover letter
Registered I Corporate Office: 4th Floor, BPK Star Tower, A.B. Road, Indore - 452 008, (M.P.)India Contact No. +91 731 4780400/490 ASSOCIATED Associated Fax : +91 731 4780410 E-mail : info@aabl.in K E D IA G R OU P Dreams Determination Dexterity Alcohols & Breweries Ltd. CIN : L15520MP1989PLC049380
Slide 2: Earning Presentation Q4-FY23/FY23
ASSOCIATED ALCOHOLS & BREWERIES LIMITED EA R N I N G P R ES EN TAT I O N Q4-FY23/FY23
Slide 3: Company Snapshot
Company Operational Snapshot Snapshot 3+ Decades Largest ENA manufacturing 32 of rich industry Single Location capacity is of Bottling domain experience integrated manufacturing 45 MLPA Lines Facility 12.5 Mn 6 Cases proprietary capacity brands Financial Snapshot Return Ratios Zero 5-year Revenue 5-
Slide 4: Business Segments
Business Segments B2B Business (58% of Revenue*) Net Revenue From Operations (INR Mn) Merchant ENA Contract Manufacturing 16% 2% 7,008 5,226 5,126 By Products IMIL 4,358 7% 33% B2C Business (42% of Revenue*) FY20 FY21 FY22 FY23 IMFL Licensed (Proprietary Brands) Brands 15% 27% * As of FY23 3
Slide 5: Products and Brands
Products and Brands Proprietary Brands James McGill Central Jamaican Bombay Special Superman Titanium Triple Apple & Orange Titanium Triple Whisky Province Whisky Magic Rum Series Series Distilled Vodka Distilled Vodka Licensed brands/ franchised brands Bagpiper Deluxe Blue Riband Flavored White Dir
Slide 6: Competitive Edge
Competitive Edge Superior Quality Co-generation power plant Multi Grain-based process manufacturer 60% of power coming from captive sources and expanding to further 100% Diversified Strategic Location Presence across alcohol value chain 125 acres land at Madhya Pradesh, is equidistant from all major
Slide 7: Financial Overview
Financial Overview 6
Slide 8: Q4-FY23/FY23 Financial Highlights
Q4-FY23/FY23 Financial Highlights Q4-FY23 Financial Performance FY23 Financial Performance Operational Operational Net Profit Net Profit Income Income INR 98 Mn INR 416 Mn INR 1,848 Mn INR 7,008 Mn EBITDA PAT Margin EBITDA PAT Margin INR 147 Mn 5.30% INR 624 Mn 5.94% EBITDA Margin Diluted EPS EBITDA
Slide 9: Quarterly Segmental Highlights
Quarterly Segmental Highlights Merchant ENA IMIL IMFL Proprietary IMFL Licensed REVENUE (INR Mn) 598 276 8% 571 406 (18. 7 .3% 30. )% 330 55 211 .6% 385 77 321 Q4-FY22 Q4-FY23 Q4-FY22 Q4-FY23 Q4-FY22 Q4-FY23 Q4-FY22 Q4-FY23 Merchant ENA (MLPA) IMIL (Cases) IMFL Proprietary (Cases) IMFL Licensed (Cas
Slide 10: Annual Segmental Highlights
Annual Segmental Highlights Merchant ENA IMIL IMFL Proprietary IMFL Licensed REVENUE (INR Mn) 1,314 2,401 1069 (12.8) % 1,146 1,982 .2% .5% 1,588 51 66 642 .2% 1,082 83 FY22 FY23 FY22 FY23 FY22 FY23 FY22 FY23 Merchant ENA (MLPA) IMIL (Cases) IMFL Proprietary (Cases) IMFL Licensed (Cases) VOLUME (‘00
Slide 11: Operational Highlight & Outlook
Operational Highlight & Outlook • The company reported highest-ever gross revenue of INR 7,028 Mn for FY23, which grew by 36.7% Year on Year. • The company achieved significant milestone of 1 Mn case of IMFL in Kerala in FY23. • The EBITDA for FY23 stood at INR 624 Mn resulting in a margin of 8.90%.
Slide 12: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q4-FY23 Q4-FY22 Y-o-Y Q3-FY23 Q-o-Q Gross Revenues 1,858 1,486 25.0% 1,859 (0.1)% Excise duty 10 6 66.7% 8 25.0% Net Revenue from Operations 1,848 1,480 24.9% 1,851 (0.2)% Total Operating Expenses 1,701 1,287 32.2% 1,684 1.0% EBITDA 147 193 (23.8)
Slide 13: Annual Financial Performance
Annual Financial Performance Particulars (INR Mn) FY23 FY22 Y-o-Y Gross Revenues 7,028 5,142 36.7% Excise duty 20 16 25.0% Net Revenue from Operations 7,008 5,126 36.7% Total Operating Expenses 6,384 4,304 48.3% EBITDA 624 822 (24.1)% EBITDA Margins (%) 8.90% 16.04% (714)Bps Other Income 89 142 (37.
Slide 14: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY20 FY21 FY22 FY23 Gross Revenues 5,350 4,532 5,142 7,028 Excise duty 124 174 16 20 Net Revenue from Operations 5,226 4,358 5,126 7,008 Total Operating Expenses 4,460 3,463 4,304 6,384 EBITDA 766 895 822 624 EBITDA Margins (%) 14.66% 20.54% 16.04% 8.
Slide 15: Historical Balance Sheet
Historical Balance Sheet Particulars (INR Mn) FY21 FY22 FY23 Particulars (INR Mn) FY21 FY22 FY23 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 1,087 1,116 1,055 Share Capital 181 181 181 Capital Work in progress 92 236 1,105 Other Equity 2,337 2,948 3,453 Intang
Slide 16: Financial Overview
Financial Overview Net Revenue Operations (INR Mn) EBITDA (INR Mn) & Margin (%) Net Profit (INR Mn) & Margin (%) 895 822 7,008 766 580 608 624 5,226 5,126 493 4,358 14.66% 416 20.54% 13.31% 16.04% 11.86% 8.90% 9.43% 5.94% FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 EBITDA (INR Mn) Ma
Slide 17: Capital Market
Capital Market 20% 1 Year Share Price Performance (Up to 31st March, 2023) 10% 0% -10% -20% -30% Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 AABL-Close Price Sensex Price Data (As on 31st March, 2023) Shareholding Pattern (As on 31st March, 2023) Face Value (I
Slide 18: Disclaimer
Disclaimer 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 the d
Slide 19: Thank You
Thank You 18
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