Associated Alcohols & Breweries Ltd. · NSE:ASALCBR
Associated Alcohols & Breweries — Q3 FY2021 Earnings Presentation
20 slides from Associated Alcohols & Breweries's earnings presentation, Feb 15, 2021
Slide 1: Exchange filing cover letter for earnings presentation
Registered / Corporate Office: ‘th Boor, 8PK Star Tower, AB. Road, Indore= 452 008, (M.) india (Contact No, +91 731 4780400/490 Associated Fax: #91 731 4790410 ASSOCIATED mal infogaablin keoia GROUP Alcohols & Breweries Ltd. (CIN :L15520"P198901.c049380 15% February, 2021 Ref No.: AABL/2020-21/CS/SE
Slide 2: Earnings Presentation | 9M/Q3 FY21
EARNINGS PRESENTATION | 9M/Q3 FY21
Slide 3: Company Snapshot
Company Snapshot Operational Snapshot 3 Decades of rich Largest Single ENA 32 Bottling Lines 12.5 Mn cases 6 proprietary industry domain Location integrated manufacturing capacity brands experience manufacturing capacity is of 45 Facility MLPA Financial Snapshot Industry Best Net Debt Free 3 year Re
Slide 4: Company Overview
Company Overview Financial Highlights • Associated Alcohols and Breweries Ltd. (AABL) 5,350 was founded by the late Shri Bhagwati Prasad 20% Kedia in 1989. 16% 2,911 3,310 14% 14% 3,249 • It is run today under the stewardship of his two sons, Mr. Anand Kedia and Mr. Prasann Kedia. • AABL is one of t
Slide 5: Key Strengths
Key Strengths Co-generation power plant Superior Quality 60% of power coming from captive sources and Multi Grain-based process manufacturer expanding to further 100% Diversified Process residue Presence across alcohol value chain Converted into monetizable by-products, accounting for almost 10% of
Slide 6: Financial Overview
BUSINESS OVERVIEW FINANCIAL OVERVIEW
Slide 7: Q3/9M-FY21 Financial Highlights
Q3/9M-FY21 Financial Highlights Q3-FY21 Financial Performance 9M-FY21 Financial Performance Operational Operational Net Profit Net Profit Income Income INR 249 Mn INR 429 Mn INR 1,612 Mn INR 3,249 Mn Y-o-Y Y-o-Y Y-o-Y Y-o-Y 57.6% 11.1% 11% (19%) EBITDA EBITDA INR 360 Mn PAT Margin INR 654 Mn PAT Mar
Slide 8: Q3-FY21 Segmental Revenue Highlights
Q3-FY21 Segmental Revenue Highlights Merchant ENA (INR Mn) IMIL (INR Mn) 356 473 20.0% 14.9% 296 411 Q3FY20 Q3FY21 Q3FY20 Q3FY21 IMFL Proprietary (INR Mn) IMFL Licensed Brands (INR Mn) 215 373 16.5% 15.0% 185 324 Q3FY20 Q3FY21 Q3FY20 Q3FY21 Associated Alcohols and Breweries Limited 7
Slide 9: Q3-FY21 Segmental Volume Highlights
Q3-FY21 Segmental Volume Highlights Merchant ENA (‘000 Litres) IMIL (‘000 Cases) 690 32.7% 960 520 0.4% 956 Q3FY20 Q3FY21 Q3FY20 Q3FY21 IMFL Proprietary (‘000 Cases) IMFL Licensed Brands (‘000 Cases) 281 371 (4.6)% 9.1% 268 340 Q3FY20 Q3FY21 Q3FY20 Q3FY21 Associated Alcohols and Breweries Limited 8
Slide 10: 9M-FY21 Segmental Revenue Highlights
9M-FY21 Segmental Revenue Highlights Merchant ENA (INR Mn) IMIL (INR Mn) 920 1315 (24.9)% (23.2)% 691 1011 9MFY20 9MFY21 9MFY20 9MFY21 IMFL Proprietary (INR Mn) IMFL Licensed Brands (INR Mn) 558 686 13.4% 8.5% 492 628 9MFY20 9MFY21 9MFY20 9MFY21 * In view of the impact of the ongoing Covid-19 Pandem
Slide 11: 9M-FY21 Segmental Volume Highlights
9M-FY21 Segmental Volume Highlights Merchant ENA (‘000 Litres) IMIL (‘000 Cases) 17500 (24.6)% 3070 13200 (29.6)% 2160 9MFY20 9MFY21 9MFY20 9MFY21 IMFL Proprietary (‘000 Cases) IMFL Licensed Brands (‘000 753 Cases) (18.1)% 617 720 (13.2)% 625 9MFY20 9MFY21 9MFY20 9MFY21 * In view of the impact of th
Slide 12: Q3-FY21 Operational Highlights and Outlook
Q3-FY21 Operational Highlights and Outlook • The company achieved its highest ever quarterly Revenues and Profit Before Tax in Q3-FY21. • The third quarter seasonally remains the best quarter, which has aided the pick up in sales and normalcy has also been restored to pre-Covid-19 levels. • The Plan
Slide 13: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q3-FY21 Q3-FY20 Y-o-Y Q2-FY21 Q-o-Q Operational Income 1,612 1,454 10.9% 1,034 55.9% Total Expenses 1,252 1,119 4.4% 827 51.4% EBITDA 360 255 41.2% 207 73.9% EBITDA Margins (%) 22.33% 17.54% 479 bps 20.02% 231 bps Other Income 13 6 116.7% 9 44.4%
Slide 14: 9M Financial Performance
9M Financial Performance Particulars (INR Mn) 9M-FY21 9M-FY20 Y-o-Y Operational Income 3,249 3,992 (18.6)% Total Expenses 2,595 3,390 (23.5)% EBITDA 654 602 8.6% EBITDA Margins (%) 20.13% 15.08% 505 bps Other Income 32 16 100.0% Depreciation 102 106 (3.8)% Interest 8 15 (46.7)% PBT 576 497 15.9% Tax
Slide 15: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY18 FY19 FY20 9M-FY21 Operational Income 3,310 4,116 5,350 3,249 Total Expenses 2,796 3,540 4,584 2,595 EBITDA 514 576 766 654 EBITDA Margins (%) 15.53% 13.99% 14.32% 20.13% Other Income 31 42 33 32 Depreciation 113 123 141 102 Interest 38 22 21 8 PB
Slide 16: Balance Sheet
Balance Sheet Particulars (INR Mn) FY19 FY20 H1-FY21 Particulars (INR Mn) FY19 FY20 H1-FY21 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 1,163 1,070 1,018 Share Capital 181 181 181 Capital Work in progress 19 112 130 Other Equity 1,311 1,772 1,933 Intangible As
Slide 17: Financial Overview
Financial Overview Revenue From Operations EBITDA (In INR Mn) & Net Profit (In INR Mn) & (INR Mn) EBITDA Margins (%) PAT Margins (%) 16% 9% 5,350 766 8% 4,116 7% 514 576 6% 2,875 2,911 3,310 381 396 5% 493 14% 252 303 14% 169 14% 143 13% FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY
Slide 18: Capital Market Data
Capital Market Data 80% 60% 40% 20% AABL 0% Sensex -20% -40% Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Shareholding Pattern as on Price Data (31st December, 2020) 31th December 2020 Face Value (INR) 10.0 Market Price (INR) 320.8 Public 52 Week H/L (INR) 334.
Slide 19: Disclaimer
Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the d
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