V-guard Industries Limited · NSE:VGUARD
V-guard Industries — Q3 FY21 Earnings Presentation
15 slides from V-guard Industries's earnings presentation, Feb 3, 2021
Slide 1: Exchange submission letter for investor presentation
February 03, 2021 The Manager The Manager Listing Department, Listing Department, BSE Limited, Phiroze Jeejeebhoy Towers, National Stock Exchange of India Limited, Dalal Street, Exchange Plaza, 5th Floor, Plot No. C/1, Mumbai- 400 001 G Block, Bandra-Kurla Complex, Bandra- East, Mumbai- 400 051 Ref:
Slide 2: V-Guard Industries Q3 FY21 Earnings Presentation
V-Guard Industries Q3 FY21 Earnings Presentation
Slide 3: Disclaimer
2 Disclaimer Certain statements in this communication may be ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those
Slide 4: Table of Contents
3 Table of Contents MD’s Message 04 Key Highlights 05 Financial Highlights 6-9 Segment-wise/Geographical Breakup of Revenues 10-12
Slide 5: Managing Director's Message
4 Managing Director’s Message Commenting on the performance for Q3 FY21, Mr. Mithun Chittilappilly, Managing Director – V-Guard Industries Limited said, "V-Guard’s Q3 financial performance rebounded sharply, driven by a strong return of consumer demand after the disruptions witnessed in H1. The quar
Slide 6: Key Highlights – Q3 FY21
5 Key Highlights – Q3 FY21 • Q3 FY21 revenue increased by 32% YoY to Rs. 827.4 crore Revenue increased by 32% YoY in Q3 FY21 • South and Non-South markets witnessed YoY growth of 25.3% and 43%, respectively • Non-South markets contributed to 41.2% of total revenue in Q3 FY21 as compared to 38.1% in
Slide 7: P&L Snapshot
6 P&L Snapshot P&L Statement Q3 FY21 Q3 FY20 Change Q2 FY21 9M FY21 9M FY20 Change Particulars (Rs. Cr) (Rs. Cr) % (Rs. Cr) (Rs. Cr) (Rs. Cr) % Net Revenue 827.41 626.64 32.0% 616.66 1,849.91 1,945.34 -4.9% COGS 557.28 418.58 33.1% 421.96 1,266.49 1,300.44 -2.6% Gross Margin 32.6% 33.2% -0.6% 31.6%
Slide 8: Financial Highlights (Q3 FY21 vs Q3 FY20)
7 Financial Highlights (Q3 FY21 vs Q3 FY20) Total Income (Rs. crore) Gross Profit 270 827 208 627 Key ratios (%) Q3 FY21 Q3 FY20 Gross Margin 32.6% 33.2% 32.0% 29.8% EBITDA Margin (excl. other income) 13.7% 9.5% Q3 FY20 Q3 FY21 Q3 FY20 Q3 FY21 Net Margin 9.3% 6.8% Ad & Promotion Exp. (excl. schemes)
Slide 9: Financial Highlights (9M FY21 vs. 9M FY20)
8 Financial Highlights (9M FY21 vs. 9M FY20) Total Income (Rs. crore) Gross Profit 1,945 645 1,850 583 Key ratios (%) 9M FY21 9M FY20 Gross Margin 31.5% 33.2% -4.9% -9.5% EBITDA Margin (excl other income) 10.6% 10.7% 9M FY20 9M FY21 9M FY20 9M FY21 Net Margin 7.1% 7.8% Ad & Promotion Exp. (excl. sch
Slide 10: Financial Highlights – Balance Sheet Perspective
Financial Highlights – Balance Sheet Perspective 9 Balance Sheet Snapshot (Rs. Cr) 31 December 2020 30 September 2020 31 December 2019 Net Worth 1,133.0 1,050.2 1,008.7 Gross Debt 10.0 10.0 10.0 Current Investments 0.0 0.0 179.9 Cash & Cash Equivalents (inc. bank balance) 492.3 462.7 153.3 Net Cash
Slide 11: Segment-wise Breakup – Q3 FY21 vs. Q3 FY20
10 Segment-wise Breakup – Q3 FY21 vs. Q3 FY20 Q3 FY21 Q3 FY20 YoY growth Segment Revenue Contribution (%) Contribution (%) (Rs. Cr) (Rs. Cr) (%) Electronics 207.4 25.1% 153.8 24.5% 34.9% Electricals 355.9 43.0% 270.9 43.2% 31.4% Consumer Durables 264.1 31.9% 202.0 32.2% 30.8% Grand Total 827.4 100.0
Slide 12: Segment-wise Breakup – 9M FY21 vs. 9M FY20
11 Segment-wise Breakup – 9M FY21 vs. 9M FY20 9M FY21 9M FY20 YoY growth Segment Revenue Contribution (%) Contribution (%) (Rs. Cr) (Rs. Cr) (%) Electronics 516.1 27.9% 604.2 31.1% -14.6% Electricals 820.8 44.4% 810.8 41.7% 1.2% Consumer Durables 513.0 27.7% 530.3 27.3% -3.3% Grand Total 1,849.9 100
Slide 13: Geographical Breakup of Revenues
12 Geographical Breakup of Revenues Q3 FY21 Q3 FY20 YoY growth Region Contribution (%) Contribution (%) (Rs. Cr) (Rs. Cr) (%) South 486.3 58.8% 388.1 61.9% 25.3% Non-South 341.1 41.2% 238.6 38.1% 43.0% Total Revenue 827.4 100% 626.6 100% 32.0% 9M FY21 9M FY20 YoY growth Region Contribution (%) Contr
Slide 14: About V-Guard Industries
13 About V-Guard Industries V-Guard Industries Limited (BSE:532953, NSE: VGUARD) is a Kochi based company, incepted in 1977 by Kochouseph Chittilapilly to manufacture and market Voltage stabilizers. The Company has since then established a strong brand name and aggressively diversified to become a m
Slide 15: Thank You
THANK YOU