Radico Khaitan Limited · NSE:RADICO
Radico Khaitan — FY2020 Earnings Presentation
23 slides from Radico Khaitan's earnings presentation, May 2020
Slide 1: Earnings Presentation Q4 and Full Year FY2020
Radico Khaitan Ltd. (BSE: 532497; NSE: RADICO) Earnings Presentation Q4 and Full Year FY2020
Slide 2: Recent Branding and Marketing Campaigns
Recent Branding and Marketing Campaigns #VocalForLocal #VocalForLocal Earnings Presentation | Q4 and Full Year FY2020 1
Slide 3: FY2020 Performance Highlights
FY2020 Performance Highlights Continued strong operational performance and robust top line growth Prestige & Above Regular & Others Total IMFL Volume Volume Volume Increased Increased Increased 12.5% 15.2% 11.4% to 24.30 Million Cases to 7.05 Million Cases to 17.25 Million Cases Total Revenue from C
Slide 4: FY2020 Performance Highlights: Leverage and Return Ratios
FY2020 Performance Highlights Leverage and Return Ratios Net Debt Position (` Crore) Annual Interest Cost (` Crore) 947 785 162 570 215 63 382 85 80 319 68 250 35 32 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 FY2016 FY2017 FY2018 FY2019 FY2020 Net Debt / EBITDA (x) Return on Equity (ROE) and Return on Capit
Slide 5: FY2020 Performance Highlights
FY2020 Performance Highlights Continued strong top line growth Q4 FY2020 vs. Q4 FY2019 12M FY2020 vs. 12M FY2019 o Total IMFL volume of 24.30 Million Cases (+12.5%) o Total IMFL volume of 5.82 Million Cases (+13.1%) o Prestige & Above brands volume of 7.05 Million Cases (+15.2%) o Prestige & Above b
Slide 6: Awards and Achievements
Awards and Achievements Radico Khaitan crossed a number of milestones Monde Selection Awards 2020: Tops Fortune India’s ‘The 8PM family of brands crosses 10 Received one Grand Gold and eight Golds Next 500’ 2020 Rankings million cases mark Earnings Presentation | Q4 and Full Year FY2020 5
Slide 7: COVID-19 Measures, Impact and Position
COVID-19 Measures, Impact and Position Resilient capital structure and robust brand portfolio to enable Radico Khaitan step towards a brighter and healthier future o A global health calamity and economic crisis; Nationwide lockdown brought businesses to a halt and disrupted the economy o Implemented
Slide 8: Management Perspectives
Management Perspectives Commenting on the results and performance, Dr. Lalit Khaitan, Chairman & Managing Director said: “I am pleased to report that Radico Khaitan has closed the financial year FY2020 with a remarkable operational and financial performance, especially in the context of the current
Slide 9: Management Perspectives
Management Perspectives Commenting on the results and performance, Mr. Abhishek Khaitan, Managing Director said: “Radico Khaitan has continued the growth momentum during FY2020. Despite the ongoing economic crisis, we are pleased to deliver IMFL volume growth of 12.5%, led by Prestige & Above volume
Slide 10: Performance Overview
Performance Overview Q4 y-o-y Twelve Month y-o-y FY2020 FY2019 Growth (%) FY2020 FY2019 Growth (%) Operational Performance (Million Cases) Prestige & Above 1.53 1.38 11.3% 7.05 6.12 15.2% Regular & Others 4.28 3.76 13.8% 17.25 15.48 11.4% Total Volume 5.82 5.14 13.1% 24.30 21.61 12.5% Prestige & Abo
Slide 11: Performance Overview
Performance Overview* Q4 y-o-y Twelve Month y-o-y (Rs. Crore) FY2020 FY2019 Growth (%) FY2020 FY2019 Growth (%) Gross Sales 2,209.11 1,978.26 11.7% 9,417.89 8,058.00 16.9% Revenue from Operations 585.36 509.98 14.8% 2,427.04 2,096.95 15.7% Other Income 2.18 3.59 (39.4)% 9.19 13.29 (30.9)% Income fro
Slide 12: Performance Discussion
Performance Discussion FY2020 Highlights (Y-o-Y) o Revenue from Operations (Net) grew by 15.7%. Total IMFL volumes increased by 12.5%. This volume growth was led by a strong Prestige & Above category volume increase of 15.2%. Volume growth was broad based across key states and key IMFL brands. Our n
Slide 13: Brand Performance
Brand Performance Rampur Indian Single Malt • Launched select variants: o Rampur PX Sherry: Limited 48 cask batch where American Oak were handpicked and transferred to PX Sherry Butts from Jerez, Spain o Rampur Double Cask: Matured in hand-picked American Bourbon barrels and European Oak Sherry cask
Slide 14: Brand Performance
Brand Performance Magic Moments Vodka • Launched Magic Moments Verve in a new premium canister packaging • Marketing campaign with Bollywood stars Kartik Aryan and Jacqueline Fernandez • Continues to gain market share with Magic Moments now accounting for 58% of the overall vodka market share and Ve
Slide 15: Company overview: One of the largest spirits manufacturers in India
Company overview One of the largest spirits manufacturers in India Strategically limiting 75 years of One of the largest interstate taxes and experience in spirits 1943 making. One of the 157 spirits manufacturers. Operates three 28 transport costs. Five own and 23 Year of most recognized Bottling M
Slide 16: Clearly defined strategic roadmap
Clearly defined strategic roadmap Focus on building brands and driving a profitable growth Strong cash flow generation and Innovation and brand building Premium growth deleveraging • Established track record: Magic Moments • Growth driven by Prestige & Above category • Focused on a profitable growth
Slide 17: Statutory Results
Statutory Results Statement of Standalone IND AS Financial Results for the quarter ended March 31, 2020 No. Particulars (1) (2) (3) (4) (5) (Rs. In lakhs, except EPS) Quarter Quarter Quarter Year Year ended ended ended ended ended 31.03.2020 31.12.2019 31.03.2019 31.03.2020 31.03.2019 (Audited) (Una
Slide 18: Statutory Results
Statutory Results Statement of Standalone Asset & Liabilities As at As at As at As at (Rs. In lakhs) Particulars Particulars March 31, 2020 March 31, 2019 March 31, 2020 March 31, 2019 (Audited) (Audited) (Audited) (Audited) ASSETS EQUITY AND LIABILITIES Non-current assets Equity Property, plant and
Slide 19: Statutory Results
Statutory Results Standalone Statement of Cash Flows for the year ended March 31, 2020 Particulars March 31, 2020 March 31, 2019 Particulars March 31, 2020 March 31, 2019 (Rs. In lakhs) A. Cash flow from operating activities B. Cash flow from investing activities Profit for the year before tax 27,26
Slide 20: Statutory Results
Statutory Results Statement of Standalone IND AS Financial Results for the quarter ended March 31, 2020 Notes: 1. The audited standalone financial results of the Company for the quarter and year ended March 31, 2020, have been reviewed by the Audit Committee and approved by the Board of Directors at
Slide 21: Statutory Results
Statutory Results Statement of Standalone IND AS Financial Results for the quarter ended March 31, 2020 Notes (continued): 6. The COVID-19 pandemic is rapidly spreading throughout the world. RADICO’s bottling facilities and offices were under nationwide lockdown, and operations temporarily suspended
Slide 22: Contact information
Contact information This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Radico Khaitan’s future business developments and economic perfo
Slide 23: Radico Khaitan Limited
Radico Khaitan Limited (CIN: L26941UP1983PLC027278) J-I, Block B-I, Mohan Co-operative Industrial Area, Mathura Road, New Delhi-110044 Ph.: +91-11-4097 5400/5500 Fax: +91-11-4167 8841/42 www.radicokhaitan.com