Som Distilleries & Breweries Ltd. · NSE:SDBL
Som Distilleries & Breweries — Q3 FY2024 Earnings Presentation
25 slides from Som Distilleries & Breweries's earnings presentation, Jan 18, 2024
Slide 1: Exchange filing cover letter: Investors Presentation
SOM DISTILLERIES AND BREWERIES LIMITED Registered Office: I-A, Zee Plaza, Arjun Nagar, Safdarjung Enclave, Kamal Cinema Road, New Delhi - 110029 Phone: +91-11-26169909, 26169712 Fax: +91-11-26195897 Corporate Office: SOM House, 23, Zone II, M.P. Nagar, Bhopal, Madhya Pradesh – 462011 Phone: +91-755-
Slide 2: Earnings Presentation Q3 and 9M FY2024
SOM Distilleries & Breweries Limited (BSE: 507514, NSE: SDBL) Earnings Presentation Q3 and 9M FY2024
Slide 3: Q3 FY2024 Earnings Conference Call
Q3 FY2024 Earnings Conference Call Conference Call Details: Tuesday, 19th January 2024 at 4:00 PM IST Diamond Pass Link Primary Number +91 22 6280 1527 / +91 22 7115 8322 The number listed above is universally accessible from all networks and all countries. USA: 1 866 746 2133 UK: 08 081 011573 Toll
Slide 4: Company Profile
Company Profile
Slide 5: SOM Distilleries: One of the fastest growing beer companies in India
SOM Distilleries: One of the fastest growing beer companies in the India Business Overview SOM Distilleries & Breweries Limited (SDBL) is based in Bhopal and is one of the The Company has three key millionaire beer brands leading alcoholic beverages manufacturers (sales more than 1 mn cases per annu
Slide 6: SOM Distilleries: One of the fastest growing beer companies in India
SOM Distilleries: One of the fastest growing beer companies in the India Hunter Refreshing Woodpecker Black Fort Lager Black Fort Super Power Cool Beer Legend Beer Strong Premium Beer Beer Premium Beer Strong Beer Milestone Blue Pentagon Gold Legend Premium Pentagon XO Black Fort XXX Legend Rare Mil
Slide 7: Investment Case
Investment Case Only listed company in India having both Beer The company has also tied up with Radico Khaitan and IMFL, which complement each other and Ltd for their IMFL & RTD Brands production at reduces the risk of seasonality while providing Karnataka plant marketing efficiencies Obtained appro
Slide 8: Plant Location
Plant Location Bhopal Plant Capacity (in mn cases) Beer IMFL 15.2 0.6 Hassan Plant Capacity (in mn cases) Beer IMFL 9.0 2.7 Odisha Plant Capacity (in mn cases) Beer IMFL 6.0 0.6 7
Slide 9: Q3 FY2024 Performance
Q3 FY2024 Performance
Slide 10: Q3 FY2024 Financial Highlights
Q3 FY2024 Financial Highlights Key Highlights: Q3 FY2024 vs Q3 FY2023 Beer Volume Total Income 44 Lakh Cases Rs 2,665 mn +69% +76 % IMFL Volume EBITDA 3 Lakhs Cases Rs. 320 mn (3) % +64 % Total Volume PAT 47 Lakhs Cases Rs. 180 mn +62% +71 % 9
Slide 11: Management Commentary
Management Commentary We are pleased to announce Q3 FY2024 performance. Our total income reached Rs 2,665 million, marking a remarkable 76% YoY growth. EBITDA increased to Rs 320 million, signifying a 64% YoY rise, and our net profit reached Rs 180 million with a 7% margin. Our beer volume recorded
Slide 12: Key developments for Q3 FY24
Key developments for Q3 FY24 Secured official approval from the Karnataka Excise Department for the distribution of premium beer brands (Hunter, Blackfort and Woodpecker) in the state of Tamil Nadu Successfully secured a substantial and dominant market share of 45% within the beer industry across th
Slide 13: 9M FY2024 Financial Highlights
9M FY2024 Financial Highlights
Slide 14: 9M FY2024 Financial Highlights
9M FY2024 Financial Highlights Key Highlights: 9M FY2024 vs 9M FY2023 Beer Volume Total Income 151 Lakh Cases Rs. 9,012 mn +47% +62 % IMFL Volume EBITDA 7 Lakhs Cases Rs. 1,096 mn +15 % +48 % Net Debt / PAT 9M EBITDA Rs. 665 mn 1.2x +50 % 14
Slide 15: Performance Highlights
Performance Highlights Q3 Y-o-Y 9M Y-o-Y (Rs. Million) FY2024 FY2023 Growth (%) FY2024 FY2023 Growth (%) Total Income 2,665 1,510 76.5% 9,012 5,550 62.4% Gross Profit 970 627 54.8% 3,247 2,351 38.2% Margin (%) 36.4% 41.5% 36.0% 42.4% EBITDA 320 195 64.3% 1,096 740 48.2% Margin (%) 12.0% 12.9% 12.2%
Slide 16: Performance Discussion
Performance Discussion Operational efficiencies leading to better cost management • Recorded beer volume of 44 lakh cases (67% y-o-y) • Recorded IMFL volume of 3 lakh cases ((3)% y-o-y) Volume and Sales • Beer revenue of Rs. 2,306 million; over 80% of Q3 FY23 • Our mainline brands; Hunter, Black For
Slide 17: Leverage Profile
Leverage Profile Dec 31 Mar 31 (Rs. Million) 2023 2023 • Gross Debt reduced by Rs. 580 million, Secured Overall consolidated debt decreased, 790 1,330 showcasing an improved total debt Borrowings position Unsecured 1,050 1,090 Borrowings • Reduced Gross Debt / Equity ratio indicates lower financial
Slide 18: Operational Highlights
Operational Highlights
Slide 19: Volume Summary
Volume Summary Q3 Y-o-Y 9M Y-o-Y Lakh cases Growth Growth FY2024 FY2023 FY2024 FY2023 • Hunter beer demonstrated strong expansion in (%) (%) Madhya Pradesh, Odisha and Delhi reflecting Hunter 9.4 5.6 67.7 41.9 34.6 21.2 its growing presence in the market, with volume increasing by around 68% compare
Slide 20: Quantity Sold (in lakh cases)
Millionaire Beer Brands – Volume Consolidation 21.4 14.8 11.2 9.4 5.6 Quantity Sold (in lakh cases) Q3 FY2023 Q4 FY2023 Q1 FY2024 Q2 FY2024 Q3 FY2024 14.0 5.7 4.7 5.7 3.6 Q3 FY2023 Q4 FY2023 Q1 FY2024 Q2 FY2024 Q3 FY2024 29.3 26.1 26.6 22.3 17.0 Q3 FY2023 Q4 FY2023 Q1 FY2024 Q2 FY2024 Q3 FY2024 19
Slide 21: Sustainability
Sustainability
Slide 22: Sustainability
Sustainability Conservation of Energy CSR and Donations Corporate Governance Reduce fossil fuel dependency by transitioning to In FY23, donated Rs. 135.98 lacs, committing 2% Corporate governance philosophy is guided by renewables and regular checks on electrical of net profit for societal education
Slide 23: Awards & Accolades
Awards & Accolades
Slide 24: Awards and Accolades
Awards and Accolades Brand Recognition 23
Slide 25: SOM Distilleries & Breweries Limited
SOM Distilleries & Breweries Limited (BSE: 507514, NSE: SDBL) (CIN: L74899DL1993PLC052787) Registered Office: Corporate Office: Zee Plaza, 1 - A SOM HOUSE Kamal Cinema Road 23, Zone II Arjun Nagar Maharana Pratap Nagar, Safdarjung Enclave Bhopal 462011 New Delhi 110029 Ph.: +91 755 427 8827 Nakul Se
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