Panache Digilife Ltd. · NSE:PANACHE
Panache Digilife — Q1 FY19 Earnings Presentation
30 slides from Panache Digilife's earnings presentation, Aug 22, 2018
Slide 1: Panache Digilife Limited Q1 FY19 Result Update Presentation
Panache Digilife Limited Q1 FY19 Result Update Presentation August 2018
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Panache Digilife Limited (Formerly known as Vardhaman Technology Limited; earlier Vardhaman Technology Private Limited) (the “Company”) solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or sub
Slide 3: Table Of Contents
Table Of Contents 01 Company Overview 02 Industry Overview Business Overview 03 Financial Highlights 04 05 Way Forward 3
Slide 4: Company Overview
Company Overview
Slide 5: Leading ICT & IoT Solution Design & Manufacturer
Leading ICT & IoT Solution Design & Manufacturer Currently focused on Smart One stop ICT & IoT Solution Business solution space Design & Manufacturing ▪ Smart Computing Hub Devices ▪ Diverse product basket ▪ GPS Telematics Solutions ▪ Caters to domestic and ▪ Retail IOT international markets ▪ Consu
Slide 6: Journey So Far
Journey So Far ▪ 15.6″ All in One Point of ▪ NSE Listing on SME ▪ Entry in IT field Sale with Windows OS Emerge Platform ▪ Launch of Thin Clients ▪ Launch of Panache Air PC ▪ Launch of Nano Series of ▪ Enters into retail ▪ Introduction of Micro Mini PC ▪ Launch of Telematics Solution PC – Squair PC
Slide 7: Our Experienced Team
Our Experienced Team Amit Rambhia Nikit Rambhia D L Rambhia Promoter Chairman & Promoter & Joint Whole Time Director Managing Director Managing Director Nitesh Savla Jinkle Khimsaria Dhruti Dedhia Neha Madiar Chief Financial Officer Company Secretary & Manager - Marcom Manager - Projects Compliance
Slide 8: Industry Opportunity
Industry Opportunity
Slide 9: Industry Opportunity
Industry Opportunity Consumer Durable Market Size ( US $ Billion ) 25 20.6 20 Share in Consumer Durable market in FY15 15 12.5 9.7 10 7.4 33% 5 0 FY14 FY15 FY16 FY20F 67% Key Products Growth Television Urban Rural FY‘16 FY‘21 https://www.ibef.org. 9
Slide 10: Growth Opportunities Contd..
Growth Opportunities Contd.. Higher disposable incomes, access to credit Growing consumer and industrial base Growth Backed by Policy Support Drivers Driving increased innovation and R&D Expanding production & distribution facilities Source- E&Y Report, Researchandmarkets.com, IBEF, Industry Reports
Slide 11: Business Overview
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Slide 12: Business Overview
Business Overview Smart Computing Consumer Telematics Retail IoT Devices Retail ▪ IoT enabled devices ▪ Panache Display Division ▪ IoT ▪ IoT enabled POS devices ▪ Panache Air PCs - launched to leverage ▪ Analytics ▪ Value added products World’s Smallest strength of the ▪ Offers viable alternative wi
Slide 13: Smart Computing Devices
Smart Computing Devices Air PC Squair PC Mini PC Cloud Computing Devices ▪ Ultra slim, portable, power ▪ Ultra slim, power packed and ▪ Housed in smaller cases than ▪ Housed in smaller cases than packed pocket-sized PC with Dual Display portable device with typical desktop computers typical desktop
Slide 14: Smart Computing Devices
Smart Computing Devices Tablets Laptops All In One’s ▪ Ultra slim, portable, power ▪ Ultra slim, power packed device ▪ Slim, power packed device with packed pocket-sized Tablet with with Windows 10 Windows 10 Windows 10 ▪ Capacitive Multi Touch ▪ Capacitive Multi Touch Specifications: Specifications
Slide 15: Consumer Retail – Displays & Televisions
Consumer Retail – Displays & Televisions Available in Sizes: • 61 cm (24) • 80 cm (31.5) • 98 cm (38.5) • 101 cm (40) • 139 cm (55) Features: • HD ready to full HD LED TVs • X-Reality Picture Engine • Slim Edge and Smart Energy Saving 15
Slide 16: Telematics
Telematics Services Offered: • GPS Vehicle Tracking Services • Taxi management • STU PIS Services • Emergency response • Personnel Tracking • Asset Tracking • IoT and analytics dash boarding • Desktop, Andriod & iOS Interface Tracking Device Mole 16
Slide 17: Retail IoT
Retail IoT Panache INDI POS Features: • Integrated POS Terminals • 39.6 cm Capacitive Touch & Non Touch • Wide Range of Compute Options • Complete Range Of POS Peripherals • Fanless & Energy Saving Architecture • Toughened Glass & Rugged Design Indi POS – i720 VT300 Thermal Printer Specifications: •
Slide 18: State Of Art Manufacturing Facility
State Of Art Manufacturing Facility ▪ Anti-static environment for assembly ▪ Proximity to Port ▪ Easy availability of low-cost, skilled labour ▪ Manufacturing facility at Daman Bhiwandi – expected to Bhiwandi commence operations by FY 18-19 18
Slide 19: Awards & Recognition
Awards & Recognition Intel Awards Intel Awards for Star Intel Awards in Intel Awards in Achievement Innovation Category Embedded Space Intel Ace New Comer Intel Star Achiever Intel Best Innovation 2008 Innovative Design on Intel 2006 / 07 2007 / 08 Quad Core Innovative Designs in DT Architecture 201
Slide 20: Key Strategic Advantages
Key Strategic Advantages Strong Supply Chain ▪ Strategic sourcing of products through established suppliers Experienced Management team ▪ Integrated core competencies to enable effective ▪ Qualified, experienced management team with inventory and order management customer-centric approach ▪ Over a d
Slide 21: Financial Highlights
Financial Highlights
Slide 22: Consolidated P&L Highlights – Q1 FY19
Consolidated P&L Highlights – Q1 FY19 Rs. Cr Q1 FY19* Q1 FY18* Revenue from Operation 11.07 12.48 Excise Duty 0.00 0.29 Total Income from Operations 11.07 12.19 Raw material 8.52 10.27 Employee Cost 1.07 0.82 Other Cost 0.87 0.61 Total Expenditure 10.47 11.71 EBITDA 0.60 0.48 EBITDA Margin% 5.45% 3.
Slide 23: Annual Financial Highlights
Annual Financial Highlights Net Revenue (Rs. Cr ) EBITDA (Rs Cr )/Margin 8 8.62% 6.85% 10% 7 7.53% 9% 7.49% 102.50 6 8% 7% 78.94 5 6.81 6% 7.02 4 5% 43.23 49.29 4% 3 3% 2 3.24 3.71 2% 1 1% 0 0% FY15 FY16 FY17 FY18 FY15 FY16 FY17 FY18 PAT (Rs. Cr )/ Margin 6 5.61% 6% 5 4.69% 5% 4 4.80 4% 3.17% 3 2.37
Slide 24: Consolidated P&L Highlights
Consolidated P&L Highlights Rs. Cr FY18* FY17* YoY % Revenue from Operation 102.79 82.93 Excise Duty 0.29 3.99 Total Income from Operations 102.50 78.94 29.84% Raw material 88.86 65.96 Employee Cost 3.72 2.63 Other Cost 2.90 3.54 Total Expenditure 95.48 72.14 EBITDA 7.02 6.81 3.12% EBITDA Margin% 6.
Slide 25: Key Return Ratios
Key Return Ratios RoCE(%) RoE (%) 48.45% 39.28% 31.89% 34.39% 32.10% 32.80% 25.00% * 16.97% * FY15 FY16 FY17 FY18 FY15 FY16 FY17 FY18 Debt /Equity 3.73 3.35 1.98 0.47 * FY15 FY16 FY17 FY18 * - Includes proceeds from IPO listing in FY18 ROCE = EBIT/(Total Assets-Current Liabilities); ROE= Net Profit/
Slide 26: Consolidated Balance Sheet as on 31st March
Consolidated Balance Sheet as on 31st March Rs. Cr Mar-18* Mar-17* Rs. Cr Mar-18* Mar-17* Equity 28.31 9.14 Non-current assets 4.31 3.62 Equity Share Capital 6.00 4.20 Property, Plant and Equipment 0.70 0.63 Other Equity 22.31 4.94 Other Intangible Assets 0.03 0.02 Non-current liabilities 1.27 9.17
Slide 27: Way Ahead
Way Ahead
Slide 28: Government Initiatives Supporting Investments
Government Initiatives Supporting Investments ‘Digital India ‘ National Supercomputing Mission Ending tax uncertainty Investment incentives End to inverted duty structure Free Trade Agreements ▪ Electronics manufacturing - one of the pillars of Digital Coastal Economic Zones High volume, low value I
Slide 29: Way Forward
Way Forward Developing new markets for products ▪ Consumer electronics, education solutions - target rural and semi urban areas in Maharashtra, Expand overseas operations ▪ Telematics solutions – target transportation 01 companies and educational institutions ▪ Incorporated subsidiary – Wemart Globa
Slide 30: Thank You
Thank You PANACHE PDIGI IN For further information, please contact: Company : Investor Relations Advisors : Panache Digilife Limited. Bridge Investor Relations Pvt. Ltd. Ms. Dhruti Dhedia Ms. Savli Mangle info@panachedigilife.com Savli@bridge-ir.com Ms. Jinkle Khimsaria Ms. Aesha Shah compliance@pan