Khazanchi Jewellers Ltd. · BSE:KHAZANCHI
Khazanchi Jewellers — Q3 FY25 Earnings Presentation
42 slides from Khazanchi Jewellers's earnings presentation, Feb 14, 2025
Slide 1: Submission of Investor/Analysts Presentation
Since 1971 K HAZANCH JEWELLERS I LTD (Formerly Known as Khazanchi Jewellers Private Limited) Date: February 14, 2025 To, BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai - 400 001 Ref: SCRIP: 543953|KHAZANCHI|INE0OWC01011 Subject: Submission of Investor/ Analysts Presentation Please find e
Slide 2: Khazanchi Jewellers Limited Investor Presentation
Khazanchi Jewellers Limited Investor Presentation
Slide 3: Safe Harbour Statement
Safe Harbour Statement This presentation and the accompanying slides (the “Presentation”), which have been prepared by Khazanchi Jewellers Limited (the “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities
Slide 4: Q3 & 9M FY25 Financial Highlights
Q3 & 9M FY25 Financial Highlights
Slide 5: Management Commentary on Q3 & 9M FY25 Result
Management Commentary on Q3 & 9M FY25 Result "We are delighted to report a strong financial performance in Q3 FY25, driven by robust revenue growth and enhanced profitability. The festive season, beginning in September, significantly boosted gold consumption, leading to a sharp increase in our sales
Slide 6: Q3 FY25 Key Financial Highlights
Q3 FY25 Key Financial Highlights Total Income EBITDA EBITDA (%) PAT PAT (%) 50.00 5.50% 5.06% 393.89 35.00 3.90% 45.00 4.18% 4.50% 40.00 3.14% 3.40% 30.00 35.00 3.50% 2.79% 2.90% 25.00 30.00 2.40% 207.69 25.00 2.50% 20.00 1.90% 20.00 15.00 16.48 12.38 1.40% 1.50% 15.00 10.51 10.00 0.90% 5.80 10.00 0
Slide 7: Q3 FY25 Profit & Loss Statement
Q3 FY25 Profit & Loss Statement In ₹ Cr Particulars Q3 FY25 Q3 FY24 Y-O-Y Growth Revenues 393.72 207.51 Other Income 0.17 0.18 Total Income 393.89 207.69 89.65% Raw Material Expenses 376.42 196.36 Employee costs 0.55 0.49 Other expenses 0.44 0.33 Total Expenditure 377.41 197.18 EBITDA 16.48 10.51 56
Slide 8: 9M FY25 Key Financial Highlights
9M FY25 Key Financial Highlights Total Income EBITDA EBITDA (%) PAT PAT (%) 70.00 5.50% 5.09% 3.51% 1,150.62 45.00 3.60% 60.00 4.50% 2.82% 40.00 3.94% 3.10% 50.00 32.43 35.00 45.28 3.50% 2.60% 30.00 40.00 2.10% 613.84 25.00 31.26 2.50% 21.52 1.60% 30.00 20.00 1.10% 1.50% 15.00 20.00 0.60% 10.00 0.50
Slide 9: 9M FY25 Profit & Loss Statement
9M FY25 Profit & Loss Statement In ₹ Cr Particulars 9M FY25 9M FY24 Y-O-Y Growth Revenues 1,149.95 613.28 Other Income 0.46 0.56 Total Income 1,150.42 613.84 87.41% Raw Material Expenses 1101.90 579.75 Employee costs 1.33 1.03 Other expenses 1.90 1.79 Total Expenditure 1105.13 582.58 EBITDA 45.28 31
Slide 10: Khazanchi Jewellers Limited
Khazanchi Jewellers Limited Since 1971
Slide 11: Khazanchi @ Glance
Khazanchi @ Glance Key Facts Khazanchi Jewellers, founded by Shri Tarachand Mehta in 1971 and 50+ 25 + Years Of Experience Products Category incorporated in 1996, is a prestigious jewellery brand based in Chennai, Tamil Nadu, India. The company specializes in a wide range of jewellery, including gol
Slide 12: A Timeline Of Khazanchi Jewellers
A Timeline Of Khazanchi Jewellers 2000 2023 1996 1971 1982 Initiated B2B Company got listed Shifted to a larger supplies to major Entered in jewellery showroom & converted on BSE SME Entered new corporates hub of Chennai wholesale unit from a proprietary concern to Pvt Ltd Shifted Silver Business to
Slide 13: Embrace The Gold Symphony
Embrace The Gold Symphony 12
Slide 14: A Glimpse Of Showroom
A Glimpse Of Showroom Welcome To A World Where Every Adornment Is A Testament To Unrivaled Craftsmanship And Timeless Elegance. Khazanchi Jewellers invites you to explore a world of luxury, offering an opulent collection that includes Temple, Antique, Calcutta, Bombay, and Bengali jewelry. Their exq
Slide 15: Business Overview
Business Overview
Slide 16: Elegance Embodied; Expertise Ensured: Distinctive Strengths
Elegance Embodied; Expertise Ensured: Distinctive Strengths Huge Ready Collections Available In Store Experienced Promoters & Senior Management Team Quality Assurance Cordial Relationship With Customers Strategic Location Competitive Pricing Certified Quality, True Value Price 15
Slide 17: Key Products: Traditional, Contemporary & Combination Of Designs
Key Products: Traditional, Contemporary & Combination Of Designs Across Jewellery Lines Temple Jewellery Gold Chains Gold Bangles Gold Earrings Gold Necklace Gold Rings Mangalsutra Kundan Jewellery Kerela Jewellery Calcutta Jewellery 16
Slide 18: Design Collection: From Classic To Contemporary
Design Collection: From Classic To Contemporary 17
Slide 19: Management Overview
Management Overview
Slide 20: Brief Profile Of The Management
Brief Profile Of The Management Mr. Tarachand Mehta Mr. Rajesh Mehta Mr. Goutham Managing Director Joint Managing Director Executive Director With five decades of experience in With over 25 years of experience in With over 30 years of experience in the jewellery industry, he has both jewellery secto
Slide 21: Brief Profile Of The Management
Brief Profile Of The Management Mr. Aashish Mehta Mr. Vikas Mehta Chief Executive Officer Chief Financial Officer With over 4 years of experience in the He holds a Commerce degree from the jewellery industry, he has already made a University of Madras and brings over 20 significant impact. years of
Slide 22: Brief Profile Of The Management
Brief Profile Of The Management Mr. Tanuj Susilkumar Mr. Naressh Jain Mrs. Rithika Bohra Mrs. Sakshi Jain Non-Executive Independent Director Non-Executive Independent Non-Executive Director Company Secretary & Compliance Director Officer his expertise to provide With a Bachelor of Commerce A highly
Slide 23: Industry Overview
Industry Overview
Slide 24: Indian Jewellery Landscape: Gold's Dominance & Market Dynamics
Indian Jewellery Landscape: Gold's Dominance & Market Dynamics High Gold Demand In India Acts As A Major Driver For Growth And Opportunity Gold Demand In India (Tonnes) 797 774 803 761 In June 2024, import of gold bars reached US$ 160.60 million and gold jewellery 690 stood at US$ 88.61 million. Acc
Slide 25: Gems & Jewellery Landscape: Market Dynamics & Government Initiatives
Gems & Jewellery Landscape: Market Dynamics & Government Initiatives Imports of Gems & Jewellery (US$ billion) Export of Gems & Jewellery (US$ billion) According to Gem and Jewellery Export Promotion Council, In FY24, imports of gold bars stood at US$ 2,863.88 million and gold jewellery 39 38 stood
Slide 26: Significant Demand Originates From South Region & Rural India
Significant Demand Originates From South Region & Rural India About 40% of the demand for gold comes from South India, where value-conscious consumers and economy goods account for the majority of the jewelry sector. After harvest season, the rural community chooses to invest in gold due to its high
Slide 27: Industry dynamics
Industry dynamics o The jewelry sector is seeing a significant shift towards formalization. o The organized jewelry market now accounts for 36-38% of the total jewelry market. This is a substantial increase from ~22% in FY19, indicating a notable rise in formalized operations. o The increase in the
Slide 28: Financial Overview
Financial Overview
Slide 29: Key Financial Highlights
Key Financial Highlights Total Income EBITDA EBITDA (%) PAT PAT (%) 821.53 41.78 27.32 481.82 258.00 16.78 7.56 8.53 5.09 3.27 3.33 3.31 3.48 1.27 1.57 FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 FY24 All Figures In ₹ Cr & Margin In % 28
Slide 30: Profit & Loss Statement
Profit & Loss Statement In ₹ Cr Particulars FY24 FY23 FY22 Revenues 820.78 480.66 256.94 Other Income 0.75 1.16 1.05 Total Income 821.53 481.82 258.00 Raw Material Expenses 776.12 462.63 245.21 Employee costs 1.52 1.09 0.76 Other expenses 2.11 1.31 3.50 Total Expenditure 779.75 465.04 249.47 EBITDA
Slide 31: Balance Sheet Statement
Balance Sheet Statement In ₹ Cr Equities & Liabilities FY24 FY23 FY22 Assets FY24 FY23 FY22 Shareholders Fund Non Current Assets Equity 24.74 9.93 9.93 Fixed assets 15.35 12.81 12.66 Reserves & Surplus 163.02 26.12 18.78 Other Non Current Financial Assets 1.16 0.01 0.01 Net Worth 187.76 36.05 28.72
Slide 32: Key Ratios
Key Ratios In % In Times In ₹ ROE Debt to Equity EPS 20.98 11.04 2.93 14.55 2.35 7.62 11.37 3.29 0.29 FY22 FY23 *FY24 FY22 FY23 FY24 FY22 FY23 *FY24 In % In Times In ₹ ROCE Interest Coverage Book Value 75.87 17.11 8.64 13.84 36.30 7.48 28.91 2.60 2.00 FY22 FY23 *FY24 FY22 FY23 FY24 FY22 FY23 *FY24 T
Slide 33: Product Wise Revenue Bifurcation
Product Wise Revenue Bifurcation In % FY24 FY23 FY22 17.62 26.26 21.53 78.48 73.74 82.38 Ornaments Bullions In ₹ Cr Particulars FY24 FY23 FY22 Ornaments 676.18 354.42 201.64 Bullions 144.59 126.24 55.31 Total 820.77 480.66 256.94 32
Slide 34: State Wise Revenue Bifurcation
State Wise Revenue Bifurcation Operating From Chennai, The Products Reach Customers Nationwide Through Bulk Buyers (Institutional Sales) In % FY24 FY23 FY22 16.21 16.74 12.21 83.79 83.26 87.79 Tamil Nadu Other Cities / States In ₹ Cr Particulars FY24 FY23 FY22 Tamil Nadu 687.73 400.22 225.56 Other C
Slide 35: Stock Information
Stock Information As on 12-02-2025 As on 31-12-2024 BSE: INE0OWC01011 Share Holding Pattern Share Price (₹) 589.00 Market Capitalization (₹ Cr) 1,457.59 No. of Shares Outstanding 2,47,46,900 25.49% Face Value (₹) 10.00 Promoter & Promoter Group 52 Week High (adjusted) - (28/11/2024) 670.00 74.51% Pu
Slide 36: Stock Information
Stock Information Share Performance From 7th August 2023 To Till Date Volume Price 1600000 700 589.00 1400000 600 1200000 500 1000000 400 800000 300 600000 149.90 200 400000 100 200000 0 0 Aug23 Sep23 Oct23 Nov23 Dec23 Jan24 Feb24 Mar24 Apr24 May24 Jun24 Jul24 Aug24 Sep24 Oct24 Nov24 Dec24 Jan25 Feb
Slide 37: The Way Forward
The Way Forward
Slide 38: Jewels Of Business Strategies
Jewels Of Business Strategies Setting up new showroom to Expanding customer widen the product portfolio network in existing markets and enhance capacity and enter new geographical markets Reinforcing Inventory Customer Centric Operations Management Practices 37
Slide 39: Embracing Competitive Advantages For Excellence
Embracing Competitive Advantages For Excellence Led by experienced promoters with a strong, dynamic leadership team and a proven track record, supported by a highly accomplished senior management team and Board of Directors. Engaged in the wholesale manufacturing and sale of gold jewellery to retail
Slide 40: Expansion Plan - New Proposed Showroom
Expansion Plan - New Proposed Showroom Upcoming new showroom at New showroom expected Construction has begun NSC Bose Road, Sowcarpet, to open by April 2025, on a state-of-the-art Chennai, will be a state-of- funded by Issue's Net customer experience the-art, three-floor structure Proceeds. center s
Slide 41: Key Strengths
Key Strengths Experienced Leadership Led by a seasoned management team experienced Promoters in the jewelry industry, the company thrives on the expertise of its promoters and senior executives, including founder Mr. Tarachand Mehta, driving sustainable growth and operational excellence. Strong Fina
Slide 42: Thank You
Thank You Khazanchi Jewellers Limited 130, NSC Bose Road, Dhanalakshmi Complex Sowcarpet, Chennai- 01. E-mail: info@khazanchi.co.in Phone: +91 44 4201 5915 Website: www.khazanchi.co.in Kirin Advisors Private Limited 713-B, Lodha Supremus II, Wagle Estate, Thane West – 400 604 E-mail: info@kirinadvis