V2 Retail Limited · NSE:V2RETAIL
V2 Retail — Q1 FY22 Earnings Presentation
28 slides from V2 Retail's earnings presentation, Aug 13, 2021
Slide 1: V2 Retail Limited
V2 Retail Limited August 13, 2021 BSE Limited National Stock Exchange Of India Limited Corporate Relationship Department Listing Department 1" Floor, New Trading, Rotunda Building, Exchange Plaza, Bandra Kurla Complex, P J Towers, Dalai Street, Fort, Bandra (East), M umbai -- 400 001 M umbai -- 400
Slide 2: Q1 FY22 Result Update
Q1 FY22 Result Update ‘al Value # Variety LOOK FRESH THIS SUMMER
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by V2 Retail Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, an
Slide 4: Q1 FY22 Highlights
Q1 FY22 Highlights aR > SPRING he FASHION “te ESSENTIALS ake, | oh Sw X am eh j Ka i a : . : 2 2 >, ~~ 1 f : es a) &
Slide 5: Performance Highlights Q1 FY22 - Standalone
Performance Highlights Q1 FY22 - Standalone EBIDTA ₹ 107 Mn in Q1 FY22 as compared to ₹ 72 Mn in Q1 FY21. Gross Profit PBT ₹ 261 Mn in Q1 FY22 as compared to ₹ 110 Mn ₹ (131) Mn in Q1 FY22 in Q1 FY21. as compared to ₹ (118) 03 Mn in Q1 FY21. 02 04 01 05 Revenue ₹ PAT ₹ 825 Mn in Q1 FY22 as compared
Slide 6: Highlights Q1 FY22
Highlights Q1 FY22 Store Count & Retail Area 01 93 Stores at end of Q1 FY22 (Opened 1, Closed 3) Total Retail area ~9.8 lakh sq.ft. SSG 02 Same Store Sales Growth 67% in Q1 FY22 ASP 03 Average Selling price in Q1 FY22 was ₹ 250 (Q1 FY21 ₹249) ABV 04 Average Bill value in Q1 FY22 was ₹ 757 (Q1 FY21 ₹
Slide 7: Key Trends
Key Trends Lockdown and related restrictions impacted operations at 01 majority of our stores in Q1 FY22. The stores were operational on an average for 45% days of the total days Our targeted stores addition for H1 FY 22 are also delayed. However, we on track of opening planned stores for FY 22 02 A
Slide 8: Standalone Financial Highlights
Standalone Financial Highlights Revenue (₹ Million) Gross Profit (₹ Million) and Gross Profit Margins EBIDTA (₹ Million) and EBIDTA Margins Profit After Tax (₹ Million) 7
Slide 9: Profit & Loss - Standalone
Profit & Loss - Standalone Particulars (₹ million) Q1 FY22 Q1 FY21 Y-O-Y Q4 FY21 FY2021 Revenue from Operations 825 370 123% 1,893 5,386 Other Income 91 74 84 222 Total Income 916 443 1,977 5,608 Gross Profit 261 110 138% 418 1,583 GP Margin (%) 31.7% 29.7% 22.1% 29.4% EBIDTA 107 72 49% 123 709 EBID
Slide 10: Pre Ind AS P&L (Standalone)
Pre Ind AS 116 P&L (Standalone) Particulars (₹ million) Q1 FY22 Q1 FY21 Y-O-Y Q4 FY21 FY2021 Revenue from Operations 825 370 123% 1,893 5,386 Other Income 1 4 13 19 Total Income 826 374 1,906 5,405 Cost of Material Consumed 564 260 1,475 3,803 Gross Profit 261 110 138% 418 1,583 GP Margin (%) 31.7%
Slide 11: Profit & Loss - Consolidated
Profit & Loss - Consolidated Particulars (₹ million) Q1 FY22 Q1 FY21 Y-O-Y Q4 FY21 FY2021 Revenue from Operations 825 370 123% 1,893 5,386 Other Income 91 77 84 230 Total Income 917 447 1,977 5,616 Gross Profit 268 113 139% 425 1,628 GP Margin (%) 32.5% 30.4% 22.4% 30.2% EBIDTA 99 74 34% 109 715 EBI
Slide 12: Store Presence
Store Presence Jammu & Kashmir (1) Uttar Pradesh (21) Arunachal (1) Kathua Gorakhpur 1; Gorakhpur 2; Itanagar Sitapur; Varanasi 1; Padrauna; Himachal (1) Gazipur; Pratapgarh; Lucknow; Behraich; Akbarpur, Varanasi 2; Solan Azamgarh; Ballia ; Varanasi 3; Assam (6) & Tripura (1) Gorakhpur 3; Basti; Rae
Slide 13: Our Brands
Our Brands Banka, Bihar JEYPORE, ORISSA 12
Slide 14: Promotions – Campaigns Q1 FY22
Promotions – Campaigns Q1 FY22 13
Slide 15: Promotions – Campaigns Q1 FY22
Promotions – Campaigns Q1 FY22 14
Slide 16: Promotions – Campaigns Q1 FY22
Promotions – Campaigns Q1 FY22 15
Slide 17: Board of Directors
Board of Directors MENTASTIC FASHION
Slide 18: Board of Directors
Board of Directors Mr. Ram Chandra Agarwal, Mrs. Uma Agarwal, Mr. Akash Agarwal, Whole Ms. Rochelle Susanna Chairman and Managing Whole Time Director Time Director & CFO Dsouza, Nominee Director Director • Mr. Agarwal holds a bachelor’s • Mrs. Agarwal holds a • Mr. Akash Agarwal holds a • Ms. Rochel
Slide 19: Board of Directors
Board of Directors Mr. Harbir Singh Sidhu Dr. Arun Kumar Roopanwal Mr. Lalit Kumar Mrs. Archana S Yadav Independent Director Independent Director Independent Director Independent Director ▪ A Graduate (BA HONS) from ▪ He has over 35 Years of ▪ He has over 30 Years of ▪ A Chartered Accountant in Camb
Slide 20: Key Financial Indicators - Historical
Key Financial Indicators - Historical 19
Slide 21: Financial Highlights – Standalone Profit & Loss Account
Financial Highlights – Standalone Profit & Loss Account ₹ in Million Particulars FY2017 FY2018 FY2019 FY2020 FY2021 Revenue from Operations 4,720 5,594 7,484 7,012 5,386 Other Income 16 33 99 23 222 Total Income 4,736 5,627 7,583 7,035 5,608 Growth (%) 65% 19% 34% -6% -23% Gross Profit 1,388 1,804 2
Slide 22: Balance Sheet - Standalone
Balance Sheet - Standalone Particulars (₹ in Mn) FY2021 FY2020 Particulars (₹ in Mn) FY2021 FY2020 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Property, plant and equipment 971 889 Equity share capital 341 341 Capital Work in Progress - - Other equity 2,378 2,464 Right to use Assets 2,84
Slide 23: Financial Highlights – Consolidated Profit & Loss Account
Financial Highlights – Consolidated Profit & Loss Account Particulars (₹ million) FY2021 FY2020 Revenue from Operations 5,386 7,012 Other Income 230 25 Total Income 5,616 7,037 Gross Profit 1,628 1,960 GP Margin (%) 30.2% 27.9% EBIDTA 715 773 EBIDTA Margin (%) 13.3% 11.0% Depreciation 555 510 Financ
Slide 24: Balance Sheet - Consolidated
Balance Sheet - Consolidated Particulars (₹ in Mn) FY2021 FY2020 Particulars (₹ in Mn) FY2021 FY2020 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Property, plant and equipment 1,049 922 Equity share capital 341 341 Capital Work in Progress - - Other equity 2,346 2,451 Right to use Assets
Slide 25: Cash Flow Statement for March 31, 2021
CASH FLOW STATEMENT FOR MARCH 31, 2021 Standalone Consolidated Particulars (₹ in Mn) FY2021 FY2020 FY2021 FY2020 PBT (131) 105 (153) 87 Adjustments 691 665 710 671 Operating profit before working capital changes 560 770 557 758 Changes in working capital (712) 176 (522) (14) Cash generated from oper
Slide 26: Robust Financial Performance
Robust Financial Performance Revenue (₹ Million) EBIDTA (₹ Million) and EBIDTA Margins PBT (₹ Million) PAT (₹ Million) 25
Slide 27: Key Operating Metrics
Key Operating Metrics No. of Stores and Retail Space (lakh sq.ft.) Inventory Holding Days Sales per Sq. Ft. (₹ Per Month) Rent per Sq. Ft. (₹ Per Month) 26
Slide 28: Thank You
Thank You For further information please contact: Investor Relation Advisors: Company: Dr. Rahul Porwal Mr. Sudhir Kumar Marathon Capital Advisory Private Limited (Company Secretary & Compliance Officer) Tel : +91-22-40030610 V2 Retail Limited Email : rahul@marathoncapital.in Tel : +91-11-41771850 E