Khadim India Limited · NSE:KHADIM
Khadim India — Q2 FY2022 Earnings Presentation
22 slides from Khadim India's earnings presentation, Nov 17, 2021
Slide 1: Exchange cover letter: Investor Presentation Q2 FY22 Results
November 17, 2021 The Manager The Manager The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited P. J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 Scrip Code - 540775 Symbol - K
Slide 2: Khadim India Limited Q2 & H1 FY22 Result – Nov 2021
KHADIM INDIA LIMITED Q2 & H1 FY22 RESULT – NOV 2021 www.khadims.com
Slide 3: Disclaimer
DISCLAIMER This presentation and the following discussion may contain “forward looking statements” by Khadim India Limited (“Khadim” or the Company) that are not historical in nature. These forward looking statements, which may include statements relating to future results of operations, financial c
Slide 4: Business Overview
Slide 5: Quick Snapshot
QUICK SNAPSHOT ‘Affordable Fashion’ for the entire family for every occasion Leading Asset Light 1 Footwear Model for 4 Brand in India Growth • 2nd largest footwear • Retail business retailer 72% of retail presence in India through franchise route Outsource • Largest presence in 86% Extensive East I
Slide 6: Extensive Geographical Reach & Penetration
EXTENSIVE GEOGRAPHICAL REACH & PENETRATION Presence in 23 States & 1 Union Territory Retail Stores Distributors Retail Stores 1 Distributors 3 2 5 1 12 1 2 1 7 19 50 43 36 43 1 2 Brand Network Sept ‘21 Retail Stores – Tier wise 90 40 4 12 1 Retail Stores 762 24 11 25 30 15 Metros 20% 15 24 250 231 3
Slide 7: Social Media Presence
©0060 ee \ PARTI ARK a = USINESS // PARTNER'S / 7 WALK —AT HOME— PRESENTING THE FINEST WALKING SHOES
Slide 8: Media Coverage
MEDIA Khadim India Revenue from Operations for Q2FY22 COVERAGE Kadi esters 83 rowth in Q2F¥22 revenue ‘Operations for G2FYE2 Q2FY22Results Update: Kadim Register 83% QoQ growth in Revenue from Operations for Q2FY22 Khadim India Consolidated September. 2021 Net Sales at Rs 161.85 crore, up 32.77% = ‘
Slide 9: Q2 & H1 FY22 Business Highlight
Key Performance Highlights: • Revenue grew by 33%, from ₹ 1,217.5 m in Q2 FY21 to ₹ 1,616.5 m in Q2 FY22 Q2 & H1 • EBITDA reached ₹ 136.9 m in Q2 FY22 with an EBITDA margin of 8.5% (pre- FY22 COVID levels) vs an EBITDA loss of ₹ 116 m in Q2 FY21 BUSINESS • Q2 FY22 PAT stands at ₹ 64.7 m with a PAT m
Slide 10: H1 FY22 Result Highlight
H1 FY22 Revenue Rs 2,498.8 Mn Retail Distribution Others • Rev Share – • Rev Share – • Rev Share – Rs 1,404.9 m Rs 1,026.8 m Rs 67.1 m • GM – 51.9% • GM – 35.6% H1 FY22 RESULT COCO Franchises HIGHLIGHT • Rev Share – 54% • Rev Share – 46%
Slide 11: Q2 & H1 FY22 Results: Segment Analysis
Q2 & H1 FY22 RESULTS: SEGMENT ANALYSIS Q2 FY22 YoY ANALYSIS – REVENUE* BREAKUP H1 FY22 YoY ANALYSIS – REVENUE* BREAKUP 5% 608 13% 1,109 580 978 53% 1,049 58% 1,436 685 906 Q2 FY21 Q2 FY22 H1 FY21 H1 FY22 Retail Distribution Retail Distribution Segment Share % * Q2 FY22 Q2 FY21 Segment Share % * H1 F
Slide 12: Consolidated Profit & Loss Statement
CONSOLIDATED PROFIT & LOSS STATEMENT Particulars (In Rs Mn) Q2 FY22 Q2 FY21 YoY % Q1 FY22 QoQ % H1 FY22 H1 FY21 YoY % FY21 Revenue 1,616.5 1,217.5 32.8% 882.3 83.2% 2,498.8 1,821.5 37.2% 6,261.8 COGS 1,015.4 831.6 22.1% 570.6 77.9% 1,586.0 1,263.4 25.5% 4,458.5 Gross Profit 601.1 385.9 55.8% 311.7 9
Slide 13: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Particulars (In Rs Mn) Sep-21 Mar-21 Particulars (In Rs Mn) Sep-21 Mar-21 Equity Non-Current Assets Equity Share capital 179.7 179.7 Property, Plant and Equipment 1,061.2 1,140.7 Other Equity 1,786.1 1,828.8 Capital work - in - progress 4.8 9.5 Right of Use Assets 975.3 1,
Slide 14: Business Strategy & Outlook
ZK KHADIM K KHADIM MOVING YOU MPRE | STRATEGY — Mtr ag & OUTLOOK
Slide 15: Two-Pronged Business Model & Growth Strategy
TWO-PRONGED BUSINESS MODEL & GROWTH STRATEGY RETAIL BUSINESS DISTRIBUTION BUSINESS Reach 762 ‘Khadim’s exclusive branded outlets 606 distributors supplying to MBOs across India Middle & upper middle income consumers in metros Lower & middle income consumers in Tier I – III cities, Target Segment (in
Slide 16: Wide Product Range Across Various Categories & Price Points
‘Affordable Fashion’ brand catering to the entire family for all occasions MEN / WOMEN / KIDS Fashionable & casual footwear for value conscious customers WIDE PRODUCT Menswear RANGE ACROSS Formal shoes & sandals using Menswear Semi-formal & casual shoes / sandals, using Men & Women wear Sports / act
Slide 17: Distinct Brand Positioning for Various Market Segments
DISTINCT BRAND POSITIONING FOR VARIOUS MARKET SEGMENTS Khadim’s brand presence and product range makes it capable to address ~85% of the total Indian footwear market potential Footwear Market Segmentation (MRP at retail stores in Rs) Distinct brand positioning to target customers Across all price se
Slide 18: Promoter, Board of Directors & Management Team
PROMOTER, BOARD OF DIRECTORS & MANAGEMENT TEAM www.khadims.com
Slide 19: Board of Directors
Siddhartha Roy Burman Chairman & Managing Director • Associated with the Company since its incorporation. He has 34 years of experience in the footwear industry • Responsible for the overall strategic decision making and provides leadership to all operations Dr Indra Nath Chatterjee Alok Chauthmal C
Slide 20: Experienced Management Team
EXPERIENCED MANAGEMENT TEAM Namrata Chotrani Indrajit Chowdhury CEO CFO • She was associated with KPMG & Fairwinds Asset • 20+ yrs of experience in finance& accounts, taxation Managers Limited (since 2012) and has a total and strategic planning experience of over nine years in tax, private equity •
Slide 21: Key Milestones
KEY MILESTONES • Acquired and took over • Commenced retail • Accredited with ISO • Investment by • Expanded retail • Listed on NSE & the business of M/s S.N. operations in South 9001:2000 FairwindsTrustees business to include BSE with an IPO of Industries as a going India through with certification
Slide 22: Contact details
NAMRATA CHOTRANI - CEO Contact No : +91 33 40090501 Email - namrata.chotrani@khadims.com Nachiket Kale IR Consultant INDRAJIT CHOWDHURY - CFO Contact: + 91 9664009029/ 9920940808 Contact No : + 91 33 40090505 Email – khadim@dickensonworld.com Email - indrajit.chowdhury@khadims.com www.khadims.com