Renaissance Global Limited · NSE:RGL
Renaissance Global — Q3 FY20 Earnings Presentation
12 slides from Renaissance Global's earnings presentation, February 2020
Slide 1: Q3 FY20 Financial Overview
RENAISSANCE GLOBAL LIMITED Q3 FY20 FINANCIAL OVERVIEW 1
Slide 2: Highlights for 9M FY20
Highlights for 9M FY20 Renaissance Global Limited focused hard to improve its working capital and coupled with good operating earnings it managed to reduce debt this quarter Strong Cash flow generation and disciplined working capital management • Net Debt as of Dec 2019 was ₹ 3,736 mn. v/s Dec 2018
Slide 3: Highlights for 9M FY20: Strengthening the Balance Sheet
Highlights for 9M FY20 Strengthening the Balance Sheet Net Debt which was rising post the acquisition of Jay Gems has been brought under control due to a focused approach on working capital reduction • Net Debt to Equity ratio as of Dec 2019 was 0.51 v/s Dec 2018 Net Debt to Equity ratio of 0.74. Pa
Slide 4: Long Runway for growth over 5 years
Long Runway for growth over 5 years • This quarter saw many significant breakthroughs in our business and laid multiple blocks for future growth both in domestic and global markets • Verigold China has just signed a contract to launch Enchanted Disney Fine Jewelry with Lao Feng Xiang(LFX), the secon
Slide 5: Q3 FY20: Key Highlights
Q3 FY20 : Key Highlights Q3 FY20 vs. Q3 FY19 In ₹ Mn Total Income EBITDA & EBITDA Margin PAT & PAT Margin 8,953 695 8,309 589 4.5% 4.9% 7.8% 7.1% 439 376 8% 18% 17% Q3 FY19 Q3 FY20 Q3 FY19 Q3 FY20 Q3 FY19 Q3 FY20 9M FY20 vs. 9M FY19 Total Income EBITDA & EBITDA Margin PAT & PAT Margin 7.1% 6.1% 3.8%
Slide 6: Slowdown in Gold Jewellery and move away from low margin business
Slowdown in Gold Jewellery and conscious decision to move away from low margin business contributing to low revenue growth In ₹ Mn Q3 FY20 Q3 FY19 YoY % 9M FY20 9M FY19 YoY% Studded 7,248 6,613 10% 15,516 13,839 12% Gold 1,683 1,692 0% 5,024 5,030 0% Total Revenue 8,931 8,305 8% 20,540 18,869 9% 18,
Slide 7: Q3 FY20: Segment Analysis
Q3 FY20 : Segment Analysis Q3 FY20 vs. Q3 FY19 Studded & Plain Gold Jewellery Geographical Mix Q3 FY19 Q3 FY20 Q3 FY19 Q3 FY20 21% 19% 4% 11% 25% 24% 71% 65% 79% 81% Studded Jewellery Plain Gold Jewellery N. America Middle East Others 9M FY20 vs. 9M FY19 9M FY19 9M FY20 9M FY19 9M FY20 10% 27% 25% 1
Slide 8: Improving Debt-Equity Ratio due to better inventory management
Improving Debt-Equity Ratio due to better inventory management Leverage (₹ Mn) Working Capital Analysis 188 154 143 6,443 6,647 129 7,322 118 186 5,109 5,578 135 115 144 112 4,758 5,022 3,736 59 57 80 53 75 2,629 2,857 -65 -54 -78 -43 -44 FY17 FY18 Dec-18 FY19 Dec-19 FY17 FY18 Dec-18 FY19 Dec-19 Net
Slide 9: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (In ₹ Mn) Q3 FY20 Q3 FY19 YoY % 9M FY20 9M FY19 YoY % Revenue From Operations 8,931.4 8,305.2 7.5% 20,540.0 18,869.5 8.9% Other Income 21.9 3.8 29.4 9.8 Total Income 8,953.3 8,309.0 7.8% 20,569.3 18,879.3 8.9% COGS 7,348.0 6,777.9 8.4% 16,651.7 15,442
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (In ₹ Mn) Dec-19 Dec-18 Particulars (In ₹ Mn) Dec-19 Dec-18 Shareholder's Funds 7,322.2 6,443.0 Non-Current Assets Equity Share Capital 186.8 186.8 Fixed Assets – Tangible & Intangible 985.7 1,184.3 Reserves & Surplus 7,135.4 6,256.2 CWIP & Intangibles under de
Slide 11: Disclaimer
Disclaimer This presentation and the following discussion may contain “forward looking statements” by Renaissance Global Limited (“Renaissance” or the Company) that are not historical in nature. These forward looking statements, which may include statements relating to future results of operations,
Slide 12: Thank You
RENAISSANCE GLOBAL LIMITED THANK YOU For any investor queries, reach out to Renaissance Global Limited Renaissance Global Limited DICKENSON SEAGULL IR Abhijit S. Karandikar G. M. Walavalkar Aakash Mehta Compliance Officer Email: Aakash.Mehta@dickensonir.com Manager – Investor Relations Mob: 098706 7