Avro India Ltd. · NSE:AVROIND
Avro India — Q1 FY23 Earnings Presentation
35 slides from Avro India's earnings presentation, Aug 10, 2022
Slide 1: Exchange filing cover letter for investor presentation
Date: 10.08.2022 Listing Department Listing Department National Stock Exchange of India Ltd BSE Limited Exchange Plaza, 5th Floor, Plot No.C/1 Phiroze Jeejeebhoy Towers G Block, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai-400051 Mumbai-400001 NSE Symbol: AVROIND BSE Scrip Code: 543512 Dea
Slide 2: Avro India Ltd. Investor Presentation Q1 FY23
AVRO INDIA LTD. Investor Presentation Q1 FY23
Slide 3: Company Overview
COMPANY OVERVIEW AVRO INDIA LIMITED
Slide 4: Avro @ a Glance
AVRO @ A GLANCE Established in 2002 AVRO INDIA LIMITED is engaged into manufacturing of high quality Plastic moulded Furniture. The company is based out of Ghaziabad, Uttar Pradesh. 20+ Years Among Top 5 Plastic 200+ SKUs 20,000+ Retail experience Products manufacturer Touch Points The company sells
Slide 5: What Drives Us: Vision and Mission
WHAT DRIVES US To become an industry leader delivering To run a sustainable business for collective affordable, durable and sustainable furniture and inclusive growth for all stakeholders. products for industry and household. VISION MISSION L E A D E R Leadership in industry Ethical in doing Agility
Slide 6: Time Line
TIME LINE Company renamed to ‘AVON Online Presence on various MOLDPLAST PRIVATE Listing on NSE Emerge as platforms like Amazon, Migrated to the Main LIMITED’. public limited company Flipkart, etc. Board of NSE & BSE 2002 2003 2018 2019 2020 2021 2022 Manufacturing Facility At Company name changed to
Slide 7: Board of Directors
BOARD OF DIRECTORS MR. SUSHIL KUMAR AGGARWAL MR. SAHIL AGGARWAL MR. NIKHIL AGGARWAL MS. ANITA AGGARWAL (Chairman) (Managing Director) (Whole Time Director) (Non Executive Director) MR. PAWAN DIXIT MS. ITI GOYAL MS. RICHA KALRA MS. VANDANA GUPTA (Independent Director) (Independent Director) (Independ
Slide 8: Infrastructure
INFRASTRUCTURE Certified Quality & System of ISO 9001:2015 & TUV SUD Use of Best In Class Injection Moulding Machines AVRO INDIA LIMITED 7
Slide 9: Helping Environment by Being Sustainable
HELPING ENVIRONMENT BY BEING SUSTAINABLE Fully Integrated Production Zero Emissions Process Zero Material In House Waste Plastic Recycling No Water Waste Saving Tress AVRO INDIA LIMITED 8
Slide 10: Registered Designs
REGISTERED DESIGNS More than 25 products design registered from the Trademark Registry Of India AVRO INDIA LIMITED 9
Slide 11: Certification by TUV SUD
CERTIFICATION BY TUV SUD Certified by renowned world-wide organization for operational excellence by TUV SUD AVRO INDIA LIMITED 10
Slide 12: Awards & Recognition
AWARDS & RECOGNITION AVRO INDIA LIMITED 11
Slide 13: Key Financial Highlights
KEY FINANCIAL HIGHLIGHTS TOTAL INCOME (In ₹ Cr) EBITDA (In ₹ Cr) & EBITDA MARGIN 70 65.20 10 8.62 7.65 60 53.57 7.10 8 50 44.48 5.62 40 6 4.10 30 4 3.16 20 2 10 0 0 FY20 FY21 FY22 FY20 FY21 FY22 Total Income EBITDA EBITDA (%) PAT (In ₹ Cr) & PAT MARGIN PER SHARE MATRIX (In ₹) 4.59 50 5 40.78 4 3.23
Slide 14: Key Financial Highlights: Return and Leverage Ratios
KEY FINANCIAL HIGHLIGHTS IMPROVING RETURN RATIOS (In %) Leverage Ratios (In Times) 25.00 25.00 12 10.19 10.45 20.15 10 20.00 20.00 17.65 8 14.83 15.00 15.00 5.78 11.30 13.58 6 10.00 10.00 10.46 4 5.00 5.00 2 0.52 0.35 0.24 0.00 0.00 0 FY20 FY21 FY22 FY20 FY21 FY22 ROCE ROE Debt To Equity Intrest Cov
Slide 15: Key Financial Highlights: Share Data and Holding Pattern
KEY FINANCIAL HIGHLIGHTS NSE: AVROIND BSE: 543512 | ISIN: INE652Z01017 SHARE HOLDING PATTERN Source - NSE As on 07-08-2022 As on 30-06-2022 Share Price (₹) 125.80 29.63 Market Capitalization (₹ Cr) 127.00 Promoter & Promoter Group No. of Shares Outstanding 1,00,87,400 Non Institutional Investor 70.3
Slide 16: Business Overview
BUSINESS OVERVIEW AVRO INDIA LIMITED
Slide 17: Product Portfolio
PRODUCT PORTFOLIO CHAIRS TABLES STOOLS BABY CHAIRS ALMIRAH AVRO INDIA LIMITED 16
Slide 18: Best Selling Products
BEST SELLING PRODUCTS VIVA MAGNA NEXA BABY DESK PLATINUM 9927 3195 AVRO INDIA LIMITED 17
Slide 19: Unique, Robust & Registered Designs
UNIQUE, ROBUST & REGISTERED DESIGNS AVRO INDIA LIMITED 18
Slide 20: Strong Offline Presence
STRONG OFFLINE PRESENCE Ladakh Jammu & kashmir Himachal Pradesh Uttarakhand Punjab Haryana New Delhi Rajasthan 200+ Present at more Catering to more Uttar Pradesh Available across Distributors Bihar North India than 20,000 than 45Cr Gujarat Madhya Pradesh Furniture Dealer population Daman and Diu Da
Slide 21: Strong Online Presence
STRONG ONLINE PRESENCE PAN INDIA ONLINE PRESENCE ONLINE ORDERS 27,047 Orders Delivered To 6,500+ Pin 14,699 Codes across 28 State & 8 Union Territories 3,171 2020 2021 2022* * Till 12 March 2022 AVRO INDIA LIMITED 20
Slide 22: Among Best Selling Brands Online
AMONG BEST SELLING BRANDS ONLINE AVRO INDIA LIMITED 21
Slide 23: Mix of Traditional & New Gen Marketing
MIX OF TRADITIONAL & NEW GEN MARKETING AVRO INDIA LIMITED 22
Slide 24: Strong Social Media Marketing for Brand Recall
STRONG SOCIAL MEDIA MARKETING FOR BRAND RECALL ONLINE MARKETING CAMPAIGNS & CONTEST AVRO INDIA LIMITED 23
Slide 25: YouTube Videos for Product Demos & Assembly
YOUTUBE VIDEOS FOR PRODUCT DEMOS & ASSEMBLY AVRO INDIA LIMITED 24
Slide 26: Industry Overview
INDUSTRY OVERVIEW AVRO INDIA LIMITED
Slide 27: Industry Overview and Peer Comparison
INDUSTRY OVERVIEW PEER COMPARISON By 2030, Indian middle class is expected to have the second largest share in global consumption at 17%. 800.00 The plastic furniture industry is estimated to be close to Rs 700.00 6000 crore industry pan India by organized and unorganized manufacturers in 2022. 600.
Slide 28: Financial Overview
FINANCIAL OVERVIEW AVRO INDIA LIMITED
Slide 29: Quarterly Performance Highlights
QUARTERLY PERFORMANCE HIGHLIGHTS TOTAL INCOME (In ₹ Cr) EBITDA & PAT (In ₹ Cr) EBITDA PAT 25 2.50 2.17 20.31 2.00 20 1.50 15 1.04 12.14 1.00 10 0.50 0.09 5 0.00 Q1 FY22 Q1 FY23 0 -0.50 -0.36 Q1 FY22 Q1 FY23 AVRO INDIA LIMITED 28
Slide 30: Quarterly Performance
QUARTERLY PERFORMANCE In ₹ Cr Particulars Q1 FY23 Q4 FY22 Q1 FY22 Net Sales 20.25 18.30 12.11 Other Income 0.06 0.34 0.03 Total Income 20.31 18.64 12.14 Expenses Raw Material costs 15.70 12.81 9.59 Employee Cost 0.28 0.31 0.32 Other Expenses 2.16 2.53 2.14 Total Expenditure 18.14 15.65 12.05 EBIDTA
Slide 31: Profit & Loss Statement
PROFIT & LOSS STATEMENT In ₹ Cr Particulars FY20 FY21 FY22 Net Sales 44.07 53.27 64.74 Other Income 0.41 0.30 0.46 Total Income 44.48 53.57 65.20 Expenses Raw Material costs 36.37 43.46 47.75 Employee Cost 0.82 1.33 1.27 Other Expenses 4.13 4.67 10.56 Total Expenditure 41.32 49.46 59.58 EBIDTA 3.16
Slide 32: Balance Sheet
BALANCE SHEET In ₹ Cr Equities & Liabilities FY20 FY21 FY22 Assets FY20 FY21 FY22 Equity 3.25 3.25 10.09 Non Current Assets Reserves 10.02 14.44 10.60 Fixed assets 8.15 10.18 11.88 Net Worth 13.27 17.69 20.69 Non-current investments 0.00 0.00 0.00 Non-current Liabilities Other Non-Current Financial
Slide 33: Revenue Analysis
REVENUE ANALYSIS TOTAL INCOME (In ₹ CR) REVENUE (In ₹ Cr) 70 65.20 70.00 61.63 60 53.57 60.00 50.68 50 44.48 50.00 43.22 40 40.00 30 30.00 20 20.00 10 10.00 0.85 2.59 3.47 0 0.00 FY20 FY21 FY22 FY20 FY21 FY22 Online Offline Total Income REVENUE BREAKUP (In ₹ CR) REGION WISE REVENUE (In %) 70 1.18% 1
Slide 34: Safe Harbor Statement
SAFE HARBOR STATEMENT In ₹ Cr This presentation and the accompanying slides (the “Presentation”), which have been prepared by AVRO India Limited (the “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities,
Slide 35: Thank You
Thank You Avro India Ltd. A-7/36-39, South of G.T.Road, Industrial Area (Opp. Rathi Udyog Ltd.), Kirin Advisors Pvt. Ltd. Electrosteel Costing 713-B, Lodha Supremus II, Compound, Ghaziabad- 201-009 Wagle Estate, (UP), India Thane West – 400 604. Phone: 0120-4376091 Phone: +91 22 4100 2455 Website: a