Jay Jalaram Technologies Ltd. · NSE:KORE
Jay Jalaram Technologies — H2 FY24 Earnings Presentation
39 slides from Jay Jalaram Technologies's earnings presentation, May 31, 2024
Slide 1: Investor Presentation cover letter to NSE
ee kK] KORE MOBILE ™ | PAN - AAGOATBEB: JAY JALARAM TECHNOLOGIES LIMITED CIN - L32202GJ2012PLCO68660 31‘ May, 2024 To, National Stock Exchange of India Limited Listing Compliance Department, Exchange Plaza, Plot No. C - 1, Block - G, Bandra Kurla Complex, Bandra (E), Mumbai — 400051 NSE Symbol — KOR
Slide 2: H2 FY24 Investor Presentation
Jay Jalaram Technologies Limited H2 FY24 Investor Presentation Investor Presenttion 1
Slide 3: Disclaimer
Disclaimer This presentation, along with its accompanying slides (hereafter referred to as the “Presentation”), has been compiled by Jay Jalaram Technologies Limited (Jay Jalaram, or "the Company") for informational purposes only. It does not constitute an offer, recommendation, or invitation to pur
Slide 4: Company Overview
Company Overview
Slide 5: India's Most Trusted Mobile Retail Chain
India’s Most Trusted Mobile Retail Chain • Incorporated in 2012, Jay Jalaram Technologies Limited initially started with just 4 stores and has now expanded to over 220+ retail stores. • The company has developed a diversified and resilient business model in an intensely competitive market, with offe
Slide 6: Key Facts
Key Facts 220+ 4 brands 25,000+ 2.40+ Lacs Retail Operates stores Available SKUs Products Sold Till Date Showrooms under (per store) 1,35,000 sq.ft. ₹ 39 Lacs 55,00,000+ ₹1,000 per sq.ft (approx.) Avg. capex per store Avg. capex per store (Including stock) Total Available SKUs Total Retail footprint
Slide 7: Major Milestones
Major Milestones Stores Expanded to 175 2023 Got listed on NSE Emerge 2024 2022 • Subsidiary Incorporation • Stores Expanded Incorporation of the over 220 Company under the name “Jay Jalaram Technologies Private Limited” 2012 2019 Signed Letter of Intent with Revolt Intellicorp. Private Limited Inve
Slide 8: Essential Elements of Trust and Innovation
Essential Elements of Trust and Innovation Core Values Vision Range of diverse products: We offer a wide range of diverse products through Retail To be one of the Most Trusted Retail Chain Stores. of Mobile Phones of India Customer first: We offer a wide range of diverse products through Retail Stor
Slide 9: Nationwide Reach: Every Corner, Every City
Nationwide Reach: Every Corner, Every City Focused on expanding into the following states: Gujarat Delhi Diu Stores 100 Stores 13 Stores 01 Cities 39 Warehouse 01 Warehouse 0 Warehouse 01 Total 14 Total 01 Total 101 Investor Presentation 8
Slide 10: Nationwide Reach: Every Corner, Every City
Nationwide Reach: Every Corner, Every City Rajasthan Haryana Maharashtra Uttar Pradesh Stores 06 Stores 10 Stores 16 Stores 73 Cities 03 Cities 07 Cities 02 Cities 26 Warehouse 01 Warehouse 01 Warehouse 02 Warehouse 2 Total 07 Total 11 Total 18 Total 75 Investor Presentation 9
Slide 11: Retail Partners, Finance Partners
Retail Partners Finance Partners Investor Presentation 10
Slide 12: Competitive Strength
Competitive Strength Experienced Promoters and Management Team The company's experienced management team, with industry knowledge and expertise in retailing smartphones and accessories, drives growth and financial performance, fostering competitive edge and high client satisfaction. Widespread distr
Slide 13: Recognitions & Credentials
Recognitions & Credentials Paytm Achievers Club Samsung Galaxy Al Tecno Top Performing Sony Z Fo The Select OPPO Best Performance F21 Tecno Runner Up Award MB Premium Partner Significant Contribution KRO Few Pro First Month Sale Surendranagar OPPO Diamond OPPO Valuable vivo Connect V29 vivo Best Per
Slide 14: Recognitions & Credentials
Recognitions & Credentials Tecno Runner Up Award Tecno Runner Up Award OPPO Outstanding Tecno Best Performance OPPO Royal Bandhan Club Vijay Cross Road UNA Performance Award Tecno Outstanding Samsung Invaluable Cricket Worldcup Sponsor OPPO Best Consistency Intex Best Dealer Performance Contribution
Slide 15: Business Overview
Business Overview
Slide 16: Business Key Metrics
Business Key Metrics ₹ 22,068 ₹ 25,922 ₹ 437 Avg. Mobile Avg. Home Avg. Accessories Sel. Price Appliances & Other Sel. Price Sel. Price 56 Days ₹ 9,481 Inventory Avg. Bill days Value ₹ 55,000 33% Annual sales Same store per sq.ft sales growth (H2 FY24 vs H2 FY23)
Slide 17: Product Portfolio
Product Portfolio 1. Smart Communication Devices & Allied Accessories Smart Phones Chargers Bluetooth Earphones Mobile Covers Tablets Bluetooth Speakers 2. Consumer Durable Home Appliances LED TVs Refrigerators Laptops Coolers Air Conditioners Washing Machines Investor Presentation 16
Slide 18: Business Segments
Business Segments Sale of Electric Gadgets, Related Accessories & Consumer Durable Electronic goods Category 1 Category 2 Category 3 No. of Owned stores 44 No. of Franchise stores 175 No. of Warehouse 8 Avg. Store Size 600 sq.ft Avg. Store Size 600 sq.ft Avg. Warehouse Size 1000 sq.ft Available SKUs
Slide 19: Why Kore Mobile Stands Out
Operates stores under this brands: Mastery in Distribution Strategic Network Expertise in Partnerships Management Distribution with Leading Dynamics OEMs KORE Hands-On Diversifying Business Products as per Involvement market dynamic Personalized EROK Customer Why Kore Mobile Stands Out Engagement Co
Slide 20: Why Offline Business Connects Better with the Audience
Why Offline Business Connects Better with the Audience Operates in urban, rural, and semi-urban areas, maintaining resilience against the online marketplace trend by prioritizing offline engagement. Personalized Customer Service: In rural and semi-urban areas, customers Trust and Credibility: Physic
Slide 21: Leveraging Social Media Platforms
Leveraging Social Media Platforms Social Media Presence Utilizing Platforms Like: Twitter Instagram Whatsapp Facebook Youtube Linkedin Thriving Opportunities • Demand For Smartphones,5G Networks, Electronic Goods Investor Presentation 20
Slide 22: Enhancing Digital Retail Operations
Enhancing Digital Retail Operations Techgrind Solutions Private Limited has been established as a subsidiary of Jay Jalaram Technologies Limited, with Jay Jalaram Technologies holding a 51% equity stake. This strategic move is set to enhance and diversify Jay Jalaram Technologies' revenue streams by
Slide 23: Industry Overview
Industry Overview
Slide 24: India Smartphone Market Overview
India Smartphone Market Overview Smartphone Market Internet Users Market Size (In USD Billion) (In USD Million) CAGR 45% CAGR 10.5% 900 341.4 622 169.72 2023 2030 2020 2025 • The B2C e-commerce market in India is expected • India is a significant market for smartphones • India is the world’s second-
Slide 25: India Home Appliances Market Analysis
India Home Appliances Market Analysis India's growing middle class is driving demand for high-end household appliances • The revenue generated in the Household Appliances market in India is estimated to be US$59.19bn in 2024. It is projected to grow annually by 7.35% (CAGR 2024-2029). • The largest
Slide 26: Management Overview
Management Overview
Slide 27: Brief Profiles of Directors
Brief Profiles of Directors Mr. Kamlesh Thakkar Mr. Kamlesh Lalwani Mr. Mukeshkumar Bhatt Mr. Vipul Thakkar Ms. Heer Kanjani Mr. Mitesh Mehta Chairman & Managing Executive Director Executive Director Non-Executive Director Independent Director Independent Director Director 10+ years of experience 10
Slide 28: Financial Overview
Financial Overview
Slide 29: H2 FY24 Financial Highlights (Standalone)
H2 FY24 Financial Highlights (Standalone) In ₹ Cr In ₹ Cr Particulars H2 FY24 H2 FY23 YoY Growth Total Revenue EBITDA Net Profit Net Sales 322.66 132.82 Other Income 0.54 0.67 Total Income 323.20 133.50 142.10% Expenses 323.20 Raw material 293.64 116.98 Employee Benefit Expenses 4.68 2.16 Other Expe
Slide 30: Key Financial Metrics
Key Financial Metrics In ₹ Cr In % In % Total Revenue EBITDA PAT EBITDA Margin PAT Margin ROE ROCE 539.54 2.27 9.25 FY24 10.77 2.05 2.00 4.86 7.93 17.13 8.45 250.20 FY23 5.68 1.00 0.90 10.62 2.51 8.16 0.53 165.56 FY22 3.39 0.87 FY22 FY23 FY24 FY22 FY23 FY24 In Times In Times In ₹ In ₹ Interest Cover
Slide 31: Profit & Loss Statement (Standalone)
Profit & Loss Statement (Standalone) In ₹ Cr Particulars FY24 FY23 FY22 Revenues 538.72 249.20 165.26 Other Income 0.82 1.00 0.30 Total Income 539.54 250.20 165.56 Raw Material Expenses 489.71 221.92 149.21 Employee costs 7.76 3.88 2.43 Other expenses 31.29 18.72 10.53 Total Expenditure 528.77 244.5
Slide 32: Balance Sheet (Standalone)
Balance Sheet (Standalone) In ₹ Cr Equities & Liabilities FY24 FY23 FY22 Assets FY24 FY23 FY22 Equity 11.13 11.13 2.71 Non Current Assets Reserves & Surplus 17.25 12.49 7.97 Fixed assets 8.90 7.29 6.87 Net Worth 28.38 23.62 10.68 Non Current Investments 0.01 0.00 0.00 Non Current Liabilities Other N
Slide 33: Cashflow Statement (Standalone)
Cashflow Statement (Standalone) In ₹ Cr Particulars FY24 FY23 FY22 Cash from Operation -24.15 -11.81 -3.09 Cash from Investments -2.24 -1.08 0.71 Cash from Financing 23.02 18.43 1.48 Net Cash Flow -3.37 5.54 3.51 Cash Op Bal 10.14 4.60 1.09 Cash Cl Bal 6.78 10.14 4.60 Investor Presentation 32
Slide 34: Stock Data
Stock Data As on 30-05-2024 As on 31-03-2024 NSE: (INE0J6801010) Shareholding Pattern Share Price ₹ 440.00 Market Capitalization ₹ Cr 489.72 26.95 Promoter & Promoter Group No. of Share Outstanding 1,11,30,000 Face Value ₹ 10.00 Public 73.05 52 Week High ₹ 528.00 52 Week Low ₹ 160.00 Share Performan
Slide 35: The Way Forward
The Way Forward
Slide 36: Future Growth Drivers: Unlocking Potential for Success
Future Growth Drivers: Unlocking Potential for Success Larger Format Stores: Focusing exclusively on 2,000 sq.ft area stores to enhance customer experience and sales capacity. Product Diversification: Expanding into electronic products to capitalize Margin Expansion: on higher profit margins. Curren
Slide 37: Empowering with Strategic Initiatives
Empowering with Strategic Initiatives Sales Impovement Expanding retail stores in Tier 2 and Tier 3 towns across Western India to capture a larger market share and reduce overhead costs. The GST era favors organized players, targeting the lower middle-class segment. Market Skills And Relationship Ma
Slide 38: Achievements @Glance
Achievements @Glance In ₹ Cr Turnover Stores 539 220 200 249 110 165 65 121 49 89 95 95 44 41 46 22 23 9 27 4 10 10 10 7 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Stores Expansion Since Listing Till Date QoQ Growth 2024 Co
Slide 39: Thank You
Thank You Jay Jalaram Technologies Limited Showroom 6, Videocon Arizona, Opp. Gujarat Vidyapith, Usmanpura, Ahmedabad, Gujarat – 380014 Phone: 079 - 48995415 Email: cs@koremobile.com Website: www.koremobiles.com Investor Presentation 38
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