V.i.p.industries Ltd. · NSE:VIPIND
V.i.p.industries — Q2 FY22 Earnings Presentation
13 slides from V.i.p.industries's earnings presentation, Oct 29, 2021
Slide 1: Exchange intimation letter on investor presentation
29th October, 2021 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal St, Kala Ghoda, Fort, Plot No. C/1, G Block, Mumbai – 400001 Bandra Kurla Complex, Bandra (East), Mumbai – 400 051. Code No. 507880 and 959982 Code – VIPIND Subject: Prese
Slide 2: Investors Update Q2 FY22 October 2021
May Investors Update Q2 FY22 October 2021
Slide 3: Contents
Contents Company Overview Business Context Revenue Recovery Consolidated Financial Results Financial Highlights Other Expenses Key Financial Metrics
Slide 4: Company Overview
Company Overview VIP Industries Ltd. is Asia’s largest and the world’s second largest luggage architect, headquartered in Mumbai. A public limited Indian company manufacturing luggage and travel accessories, VIP Industries Ltd. has more than 8000 retail outlets in its armoury apart from a well-devel
Slide 5: Q2 Business Context
Q2 Business Context Declining Active cases – Monthly ( All India ) FMCG saw sharp recovery, Travel sentiments on the rise 80.0 70.0 71.3 60.0 62.4 50.0 40.0 30.0 26.2 20.0 20.0 22.1 18.7 18.0 16.4 10.0 11.1 12.8 12.4 12.9 8.0 7.9 10.1 1.6 3.9 0.0 0.3 Improving Domestic Airline Passenger Traffic 1.50
Slide 6: Revenue Recovery
Revenue Recovery Rs. in Crores Chart Title 350 330 90% 300 78% 2nd 80% 80% 250 233 243 Wave 70% 206 60% 200 1st 54% 50% 150 Wave 40% 37% 103 30% 100 25% 20% 40 50 10% 7% 0 0% Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Revenue from Operations % Revenue to FY20 Revenue recovery as compared to 201
Slide 7: Consolidated Financial Results
Consolidated Financial Results Rs. in Crores Quarter ended Year ended Year ended Particulars Sep-21 Jun-21 Sep-20 Sep-21 Sep-20 Mar-21 Income from Operations 337 221 108 557 166 667 Material Consumed 175 101 63 276 86 366 Employee Cost 44 39 30 83 68 138 Others Expenses 69 53 32 123 66 180 EBIDTA 49
Slide 8: Financial Highlights
Financial Highlights • Q2 revenue growth at 153% over Q1 FY22 Jun quarter. Hard Luggage constitutes 47% of total revenue for this quarter. • Q2 GM after netting of other income is 47% as compared to 51% in Q1 FY22 mainly due to unfavourable mix and inflation in RM costs and ocean freight from China
Slide 9: Other Expenses
Other Expenses Rs. in Crores For the Quarter ended Year ended Year ended Particulars Sep-21 Jun-21 Sep-20 Sep-21 Sep-20 Mar-21 Job Work Charges 6.2 3.1 0.8 9.3 1.1 8.5 Electricity, Power & Fuel Expenses 4.6 3.2 1.9 7.7 3.1 10.0 Rent 0.7 0.5 2.2 1.3 3.1 5.9 Repairs 2.6 2.5 2.3 5.1 4.3 10.6 Insurance
Slide 10: Key Financial Metrics
Key Financial Metrics Net Current Assets 344 335 260 Sep-21 Sep-20 Mar-21 Investments & Cash & Bank Borrowings 231 206 204 154 106 71 Sep-21 Sep-20 Mar-21 Sep-21 Sep-20 Mar-21
Slide 11: Key Financial Metrics – Q2
Key Financial Metrics – Q2 Revenue Gross Margin 375 337 60% 54% 48% 300 50% 42% 221 40% 225 30% 150 108 20% 75 10% - 0% Sep-21 Jun-21 Sep-20 Sep-21 Jun-21 Sep-20 EBITDA PBT before Exceptional Item 30% 50 30 25 14% 12% 10% 10 2 -10 Sep-21 Jun-21 Sep-20 Sep-21 Jun-21 Sep-20 -10% -30 -16% -50 -44 -30%
Slide 12: Disclaimer
Disclaimer • Statements in this presentation, particularly those which relate to management’s views and analysis, describing the Company’s objectives, projections, estimates and expectations may constitute “forward looking statements” within the meaning of applicable laws and regulations. • Actual r
Slide 13: Thank you
Thank you V/P