Interiors & More Ltd. · NSE:INM
Interiors & More — FY2024 Earnings Presentation
32 slides from Interiors & More's earnings presentation, Aug 5, 2024
Slide 1: Earnings Presentation filing letter to NSE
Interiors & More Limited (Formerly known as Interiors And More Private Limited) Office No.7, Ground Floor, Kumtha Street, Off. Shahid Bhagat Singh Road, Ballard Estate, Fort, Mumbai 400001. info@inm.net.in. www.inm.net.in +91 9167028209 +91 22 2633 4311/12 CIN NO. : U74120MH2012PLC233915 Date: 05th
Slide 2: Registered office
Regd.Office :Office No.7, Ground Floor, Kumtha Street, Off. Shahid Bhagat Singh Road, Ballard Estate, Fort, Mumbai 400001.
Slide 3: Interiors & More Limited Investor Presentation Aug 2024
INTERIORS & MORE LIMITED Investor Presentation Aug 2024 1
Slide 4: Safe Harbor
SAFE HARBOR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Interiors & More Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secu
Slide 5: Index
INDEX ABOUT INTERIORS BUSINESS INDUSTRY & MORE OVERVIEW OVERVIEW WAY FINANCIAL FORWARD HIGHLIGHTS INVESTOR PRESENTATION 3
Slide 6: About Us
ABOUT US INVESTOR PRESENTATION 4
Slide 7: Interiors & More – Snapshot
INTERIORS & MORE – SNAPSHOT Manufacturer and trader of high quality artificial flowers, plants, and other home and office décor items since 2012. Incorporated on July 30, 2012 ▪ One of the biggest artificial flowers and ▪ Extended Portfolio with new products such ▪ Company’s proficiency lies in deco
Slide 8: Vision & Mission
VISION & MISSION VISION MISSION We strive to make To be pioneer in-home grand event grandiose decor market and splendid INVESTOR PRESENTATION 6
Slide 9: Management Team
MANAGEMENT TEAM Mrs. Ekta Tibrewal Co-Founder & Executive Director ▪ She is the Brand creative soul for the company with 12+ years of Experience ▪ She has completed BA Economics & Masters in the same field ▪ She Manages Quality Check and Product Design, ensuring Quality from concept to creation & in
Slide 10: Journey
JOURNEY Incorporated “Interiors & More Added 2000 + SKUs and grew Shifted into a multi- storey setup Started assembly and ventured Private Limited” into Multiple showrooms with more than 4000 products into Lights & Furniture category 2012 2013 2015 2016 Acquired machinery Listed on NSE with inbuilt
Slide 11: Business Overview
BUSINESS OVERVIEW INVESTOR PRESENTATION 9
Slide 12: Business Overview
BUSINESS OVERVIEW ▪ Founded in 2012, initially specialized in trading artificial flowers through import Revenue Breakup Revenue Breakup by and domestic sales. by Products FY24 Category FY24 ▪ Continuous innovation results in the development of new products and SKUs, CONTINUOUS expanding into manufac
Slide 13: Product Portfolio
PRODUCT PORTFOLIO “ Artificial flowers and allied products offer enduring beauty with low upkeep, ideal for spaces with limited light and where regular maintenance isn't practical. They aid sustainability by cutting waste and can be reused for various occasions. Crafted with top-notch materials, the
Slide 14: Manufacturing Facilities
Unit 3 Upcoming 2,00,000 sq. ft. Partially to be operational MANUFACTURING FACILITIES by the end of Sept, 25 (H1FY25) Unit 1: 57,000 sq. ft. (Production Area) Unit 2: 7,000 sq. ft. Unit 1 Unit 2 FY23 FY24 FY23 FY24 Particulars Particulars Moulding Artificial Moulding Artificial Moulding Artificial M
Slide 15: Domestic Showrooms
DOMESTIC SHOWROOMS Exclusive Store ~ 2,000 sq. ft. (Andheri West, Mumbai) Click to see video Wholesale Showroom ~ 10,000 sq. ft. (Ballard Estate, Mumbai) Click to see video INVESTOR PRESENTATION 13
Slide 16: International Showroom
INTERNATIONAL SHOWROOM (OPERATING UNDER INTERIORS & MORE LLC S. P.) Exclusive Store Sharjah (U.A.E.) ~ 5,000 sq. ft. (with a warehouse of an additional 12,000 sq. ft. complimenting the store) Click to see video Exclusive Store Dubai (U.A.E.) ~ 1,450 sq. ft. INVESTOR PRESENTATION 14
Slide 17: Business Strategy
BUSINESS STRATEGY Focus on Improving Operational Customer-Centric Expansion & Customer Sales Growth Efficiency Approach Relationship Focus is to expand sales Volume Reducing Costs and competitive Customization & Dedicated service International distribution to meet through local market growth and adv
Slide 18: Competitive Strengths
COMPETITIVE STRENGTHS 01 02 03 04 Organizational Stability and Scalable Business Large & Diverse Integrated Management Expertise Model Product Portfolio Manufacturing Facility 10+ years of providing services to Development of new products and Manufacturing products based on To ensure that the manufa
Slide 19: Clientele
CLIENTELE and many more INVESTOR PRESENTATION 17
Slide 20: Industry Overview
INDUSTRY OVERVIEW INVESTOR PRESENTATION 18
Slide 21: Artificial Flowers & Plant Industry (1/2)
ARTIFICAL FLOWERS & PLANT INDUSTRY (1/2) ARTIFICIAL FLOWER INDUSTRY SIZE GLOBALLY (USD in Mn.) 1,851 2,739 5.0% FY 2024 FY 2030 CAGR Region wise Industry Size Portraying Export Potential to India (USD in Mn.) (FY24) Region Amt. in USD North America 740.48 Europe 555.36 Asia Pacific 425.78 Latin Amer
Slide 22: Artificial Flowers & Plant Industry (2/2)
ARTIFICAL FLOWERS & PLANT INDUSTRY (2/2) India Artificial Flower INDIAN MARKET OVERVIEW Market ▪ India is the world's second-largest producer and exporter of artificial flowers. ~ 8.8% ▪ The majority of Artificial flowers in the world are imported from China, India, and Turkey. CAGR (FY24-FY31) ▪ In
Slide 23: Décor Industry Growing Alongside Other Sectors
DÉCOR INDUSTRY GROWING ALONGSIDE OTHER SECTORS EVENTS & EXHIBITIONS INDIAN WEDDING India is one ▪ Exhibitions and events drive economic growth, particularly ▪ The Indian wedding industry has evolved overtime, from Traditional in rapidly developing economies like India. ceremonies to destination wedd
Slide 24: Growth Drivers
GROWTH DRIVERS ▪ Artificial flowers are gaining popularity as a more economical alternative to real flowers, their lifelike appearance and durability, delivering a similar appearance. ▪ Increased demand is observed across various sectors including retail, event planning, hospitality, and interior de
Slide 25: Way Forward
WAY FORWARD INVESTOR PRESENTATION 23
Slide 26: Way Forward
WAY s ) ar Establish Dubai Showroom for Middle East ye FORWARD and Africa Markets 5 Opening a showroom in Dubai will help us expand our – presence in the Middle East and Africa by presenting our Artificial flower collections and engaging directly with t 3 local stakeholders. ex (N R G Expand Interna
Slide 27: Financial Performance
FINANCIAL PERFORMANCE INVESTOR PRESENTATION 25
Slide 28: Standalone Half Yearly Results
STANDALONE HALF YEARLY RESULTS Particulars (INR Mn.) H2FY24 H1FY24 HoH% FY24 FY23 YoY% Net Sales 264.7 57.9 357.4 322.5 248.6 29.8 Total Expenditure 165.1 27.1 508.7 192.2 153.7 25.0 EBITDA 99.6 30.7 223.9 130.3 94.8 37.4 EBITDA Margin (%) 37.6% 53.1% - 1,550 bps 40.4% 38.2% + 225 bps Other Income 0
Slide 29: Standalone Income Statement
STANDALONE INCOME STATEMENT Particulars (INR Mn.) FY21 FY22 FY23 FY24 71% Net Sales 64.3 98.9 248.6 322.5 REVENUE CAGR Total Expenditure 55.8 72.6 153.7 192.2 FY21-24 EBITDA 8.5 26.0 94.8 130.3 EBITDA Margin (%) 13.2% 26.3% 38.2% 40.4% Other Income 2.0 0.9 4.2 1.1 Depreciation 2.4 3.5 5.0 4.2 148% E
Slide 30: Key Performance Highlights
KEY PERFORMANCE HIGHLIGHTS Revenue Gross Profit (Rs. Mn.) & EBITDA (Rs. Mn.) & EBITDA PAT (Rs. Mn.) & (Rs. Mn.) Gross Margin (%) Margin (%) PAT Margin (%) 40% 2.03 11.75 15.00 38% 61% 54% 56% 24% 25% 26% 322.5 130.3 11% 248.6 197.4 94.8 80.1 138.6 60.4 10.4 98.9 53.1 26.0 FY22 FY23 FY24 FY22 FY23 FY
Slide 31: Standalone Balance Sheet
STANDALONE BALANCE SHEET Particulars (INR Mn.) FY22 FY23 FY24 Particulars (INR Mn.) FY22 FY23 FY24 Equity & Liabilities Assets Equity Non-Current Assets Equity Share Capital 17.2 17.2 70.0 Property Plant & Equipment 28.2 33.3 46.3 Other Equity 23.4 82.4 491.9 Total Equity 40.5 99.5 561.8 Non – Curre
Slide 32: Contact Details
Interiors and More Limited 7, Kumtha St. Ballard Estate, Shahid Bhagat Singh Road, Fort, Mumbai, Maharashtra – 400001, India E-mail: info@inm.net.in www.inm.net.in KAPTIFY® Consulting Strategy & Investor Relations | Consulting contact@kaptify.in | +91-845 288 6099 www.kaptify.in 30