Slide 1: V2 Retail Limited
V2 Retail Limited Vd.., 4. Va'i,h August 12, 2023 BSE Limited National Stock Exchange Of India Limited Corporate Relationship Department Listing Department 1" Floor, New Trading, Rotunda Building, Exchange Plaza, Bandra Kurla Complex, P J Towers, Dalai Street, Fort, Bandra IEastl, Mumbai - 400 001 M
Slide 2: Q1 FY24 Investor Presentation
V2 Retail Limited Q1 FY24 Investor Presentation
Slide 3: Q1 FY24 Performance Highlights
Q1 FY24 Performance Highlights
Slide 4: Q1 FY24 Performance Highlights (Consolidated)
Q1 FY24 Performance Highlights (Consolidated) ₹ 6.2 Cr in Q1 FY24 PAT grew by 320% as compared to ₹ (2.8) Cr in Q1 FY23 ₹ 35.6 Cr in Q1 FY24 grew EBIDTA by 65% as compared to ₹ 21.6 Cr in Q1 FY23 . ₹ 80.7 Cr in Q1 FY24 Gross Profit grew by 26% as compared to ₹ 64 Cr in Q1 FY23 ₹ 263.6 Cr in Q1 FY24
Slide 5: Key Highlights Q1 FY24
Key Highlights Q1 FY24 Same Stores Average Bill Sales Growth Value 05 01 Same Stores Sales 03 ABV was ₹ 807 in Growth 19% in Q1FY24 Q1 FY24 (Q1FY23 ₹ 809) Stores Count & Average Sales Per Retail Area Selling Price Square Feet 105 Stores at the end of Q1FY24 02 ASP was ₹ 257 in 04 PSF was in ₹ 798 in
Slide 6: Q1 FY24 Financial Highlights (Consolidated)
Q1 FY24 Financial Highlights (Consolidated) Revenue (₹ Cr) Gross Profit (₹ Cr) EBIDTA (₹ Cr) PAT (₹ Cr) 5 5
Slide 7: Q1 FY24 Financial Highlights (Standalone)
Q1 FY24 Financial Highlights (Standalone) Revenue (₹ Cr) Gross Profit (₹ Cr) EBIDTA (₹ Cr) PAT (₹ Cr) 6 6
Slide 8: Q1 FY24 Profit & Loss - Consolidated
Q1 FY24 Profit & Loss - Consolidated Y-O-Y Y-O-Y Particulars (₹ Cr) Q1 FY24 Q1 FY23 Q4 FY23 FY23 FY22 % Change % Change Revenue from Operations 263.6 211.3 25% 193.4 838.9 629.2 33% COGS 182.9 147.3 138.2 578.8 427.7 Gross Profit 80.7 64.0 26% 55.2 260.1 201.6 29% GP Margin % 30.6% 30.3% 28.6% 31.0%
Slide 9: Q1 FY24 Profit & Loss – Consolidated (Pre Ind As 116)
Q1 FY24 Profit & Loss – Consolidated (Pre Ind As 116) Y-O-Y Y-O-Y Particulars (₹ Cr) Q1 FY24 Q1 FY23 Q4 FY23 FY23 FY22 % Change % Change Revenue from Operations 263.6 211.3 25% 193.4 838.9 629.2 33% COGS 182.9 147.3 138.2 578.8 427.7 Gross Profit 80.7 64.0 26% 55.2 260.1 201.6 29% GP Margin % 30.6%
Slide 10: Q1 FY24 Profit & Loss - Standalone
Q1 FY24 Profit & Loss - Standalone Y-O-Y Y-O-Y Particulars (₹ Cr) Q1 FY24 Q1 FY23 Q4 FY23 FY23 FY22 % Change % Change Revenue from Operations 263.6 211.3 25% 193.4 838.9 629.2 33% COGS 189.9 149.9 142.4 595.5 440.7 Gross Profit 73.7 61.4 20% 51.0 243.4 188.6 29% GP Margin % 27.9% 29.1% 26.4% 29.0% 3
Slide 11: Q1 FY24 Profit & Loss – Standalone (Pre Ind As 116)
Q1 FY24 Profit & Loss – Standalone (Pre Ind As 116) Y-O-Y Y-O-Y Particulars (₹ Cr) Q1 FY24 Q1 FY23 Q4 FY23 FY23 FY22 % Change % Change Revenue from Operations 263.6 211.3 25% 193.4 838.9 629.2 33% COGS 189.9 149.9 142.4 595.5 440.7 Gross Profit 73.7 61.4 20% 51.0 243.4 188.6 29% GP Margin % 27.9% 29
Slide 12: Promotion Campaigns
: - . SSS ral Promotion Campaigns Vale $ Vario Value& * @°@* @ na” 1 Value& Variety | 4 t Variety rg Be iim, a if =, > AAI 0 tye = eet eZ SS TROLLY ‘" ¥ BAG 599 v e HASE OF 71000 ON Oks GIFT VOUCHERS ‘ON PURCHASE OF "4999
Slide 13: Promotion Campaigns
Vale $ Vario Value& Variety 104 STORES |89 CITIES ‘WOMEN'S WEAR]
Slide 14: Stores Opening
Stores Opening 13 Ranibagh 13
Slide 15: Stores Opening
—— Stores Opening Value & Variety 14
Slide 16: Corporate Overview
Corporate Overview
Slide 17: Company Overview
Company Overview V2 Retail Limited, incorporated Its motto is “Value & Variety" can in the year 2001 with an objective of providing be truly identified from the range merchandise to masses at and the value of product affordable price. portfolio it maintain across all stores. The Company went Public
Slide 18: Shopping Trigger
Business Verticals • Men’s Wear – Upper, Lower, Occasion Wear, Winter Wear, Sportswear, Formal, Casual, • Ladies Wear – Ethnic wear, Upper, Lower, Occasion Wear, Winter Wear, Sportswear • Kids Wear – Boy, Girls, Infants, Winter Wear • Lifestyle - Lifestyle products like Deodorants, wallets, sunglass
Slide 19: Product Design to Manufacture to Retail
Product Design to Manufacture to Retail A B C D E F G Product Design Manufacturing Job Work Supply Chain Warehouse & Retail Stores Customer Management Logistic Satisfaction • In House Product • Sate of art 2 • Dedicated Job • Mix of own • Centralised • 105 Stores in • Ensuring a development manufact
Slide 20: In-House Manufacturing Facility
In-House Manufacturing Facility V2 Smart Manufacturing Private Limited 19 19
Slide 21: Store Presence
Store Presence Jammu & Kashmir (1) Uttarakhand (4) Arunachal (1) & Meghalaya (1) Kathua Haldwani; Roorkee; Khatima; Dehradun Itanagar ; Shilong Himachal (1) West Bengal (1) Solan Assam (6) & Tripura (1) Malda; Rajarhat Guwahati 1; Guwahati 3; NCR (5) Silchar; Barpeta; Jorhat; Mahipalpur; Faridabad;
Slide 22: Stores Ambience
Stores Ambience 21 21
Slide 23: Stores Ambience
Stores Ambience 22 22
Slide 24: Board of Directors
Board of Directors Mr. Ram Chandra Agarwal, Ms. Uma Agarwal, Mr. Akash Agarwal, Chairman & Managing Director Whole Time Director Whole Time Director • Mr. Agarwal holds a bachelor’s degree in • Mrs. Agarwal holds a bachelor’s degree in • Mr. Akash Agarwal holds an International Commerce. Arts. MBA f
Slide 25: Independent Directors
Independent Directors Dr. Arun Kumar Roopanwal Mrs. Archana S Yadav Mr. Srinivas Anand Mannava Independent Director Independent Director Independent Director • He has over 35 Years of • A Chartered Accountant in • Post-Graduate Program in extensive experience in practice with more than 14 years Busi
Slide 26: Historical Financial & Operational Indicators
Historical Financial & Operational Indicators
Slide 27: Consolidated Profit & Loss
Consolidated Profit & Loss Particulars (₹ in Cr) FY2020 FY2021 FY2022 FY2023 Revenue from Operations 701.2 538.6 629.2 838.9 Growth (%) -23.2% 16.8% 33.3% Gross Profit 196.0 162.8 201.6 260.1 GP Margin (%) 27.9% 30.2% 32.0% 31.0% EBIDTA 74.9 48.5 64.7 84.0 EBIDTA Margin (%) 10.7% 12.4% 10.3% 10.0% O
Slide 28: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹ in Cr) FY2023 FY2022 Particulars (₹ in Cr) FY2023 FY2022 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Property, plant and equipment 98.6 102.9 Equity share capital 34.4 34.4 Capital Work in Progress 0.1 - Other equity 212.5 223.8 Right to use Asse
Slide 29: Standalone Profit & Loss
Standalone Profit & Loss Particulars (₹ in Cr) FY2019 FY2020 FY2021 FY2022 FY2023 Revenue from Operations 748.4 701.2 538.6 629.2 838.9 Growth (%) 33.8% -6.3% -23.2% 16.8% 33.3% Gross Profit 242.1 196.0 158.3 188.6 243.4 GP Margin (%) 32.3% 27.9% 29.4% 30.0% 29.0% EBIDTA 46.9 76.0 48.8 60.7 78.8 EBI
Slide 30: Standalone Balance Sheet
Standalone Balance Sheet Particulars (₹ in Cr) FY2023 FY 2022 Particulars (₹ in Cr) FY2023 FY 2022 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Property, plant and equipment 85.7 91.6 Equity share capital 34.4 34.4 Capital Work in Progress 0.1 - Other equity 212.8 225.8 Right to use Asset
Slide 31: Cash Flow Statement
Cash Flow Statement Standalone Consolidated Particulars (₹ in Cr) FY2023 FY2022 FY2023 FY2022 PBT (18.8) (16.4) (17.0) (14.9) Adjustments 108.1 87.1 111.7 89.7 Operating profit before working capital changes 89.3 70.8 94.7 74.9 Changes in working capital (10.4) (10.4) (9.4) (17.1) Cash generated fro
Slide 32: Robust Standalone Financial Performance
Robust Standalone Financial Performance Revenue (₹ Cr) EBIDTA (₹ Cr) & EBIDTA Margin PBT (₹ Cr) PAT (₹ Cr) 31 31
Slide 33: Key Operating Matrix - Standalone
Key Operating Matrix - Standalone Revenue No. of Stores (₹Space & Retail Million) (lakh sq.ft.) Inventory Holding Days Sales Per Sq. Ft. (₹ Per Month) Rent Per Sq. Ft. (₹ Per Month) 32 32 32
Slide 34: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by V2 Retail Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and
Slide 35: Thank You
Thank You Investor Relation Advisor Company Dr. Rahul Porwal / Mr. Amit Porwal Mr. Sudhir Kumar Marathon Capital Advisory Private Limited (Company Secretary & Compliance Officer) Tel : +91-22-40030610 / 9967576900 / 9819773905 V2 Retail Limited Email : rahul@marathoncapital.in / Tel : +91-11-4177185