Godfrey Phillips India Ltd. · NSE:GODFRYPHLP
Godfrey Phillips India — Q1 FY24 Earnings Presentation
20 slides from Godfrey Phillips India's earnings presentation, Jul 29, 2023
Slide 1: Stock exchange filing cover letter
isc-gpi@modi-ent.com 29th July, 2023 The Manager The Manager, Listing Department BSE Limited National Stock Exchange of India Limited 25th Floor, Phiroze Jeejabhoy Towers, Exchange Plaza, C-1, Block-G, Dalal Street Bandra-Kurla Complex, Bandra (East), Mumbai- 400001 Mumbai- 400051 SCRIP CODE: 500163
Slide 2: Godfrey Phillips India Limited Earnings Presentation Q1 FY24
Godfrey Phillips India Limited (GPIL) (BSE: 500163; NSE: GODFRYPHLP) EARNINGS PRESENTATION Q1 FY 24 (CONSOLIDATED) W E B U I L D US
Slide 3: Q1 FY24 Highlights
Q1 FY24 Highlights Company Tobacco Consumer & Retail Rs. 2,623 Cr. Rs 2,154 Cr. Rs. 126 Cr. Gross Sales Value Domestic Cigarette Gross Sales Value TFS Gross Sales Value Rs. 493 Cr. Gross Profit 146 Rs. 333 Cr. TFS stores/kiosks International Gross Sales Value 18.8% Gross Profit Margin 95% Rs. 10 Cr.
Slide 4: Godfrey Phillips Product Portfolio – Q1 FY24
Godfrey Phillips Product Portfolio – Q1 FY24 Net Sales: Rs. 1,233 Cr Tobacco Non -Tobacco 63% 27% 10% Domestic International Consumer & Retail Marlboro2 TFS (24Seven) Confectionary Tobacco Leaf, Cigarettes & Processed tobacco 1 The ratios shown above are based on Net Sales 2 Marlboro is manufactured
Slide 5: Management Perspective
Management Perspective We are delighted to announce our Q1 FY24 financial results which reflect our continuing growth momentum from last year to this quarter. The Company has recorded consolidated Gross Sales Value of Rs. 2,623 Crores and Net Profit of Rs. 254 Crores representing increase of 20% and
Slide 6: About Us
About Us ➢ One of the leading FMCG Companies in India - flagship company of KK Modi Group ➢ Diversified business interests – Tobacco, Convenience Stores & Confectionary ➢ Strong Credit Rating : CRISIL A1+ (Short Term Debt) and AA+/Stable (Long Term Loan) ➢ State-of-the-art Research & Development Fac
Slide 7: Driving Future Growth
Driving Future Growth Growth Priorities Target New Focus on Focus on Cigarette International strengthening Markets Business the core Strategic Direction ✓ Sustain growth momentum across all markets and prepare a base for quantum jump ✓ Strengthen partnership with Philip Morris International in the m
Slide 8: Growth Priorities – International Business Division
Growth Priorities – International Business Division Build on existing contract manufactured cigarettes export markets and augment unmanufactured tobacco business Rs. 333 Cr In Q1 FY24 Gross Sales Value Own Brand Cigarette 27% Contribution to Q1 FY24 Net Sales Global Operations Significant market pre
Slide 9: GPI’s other growth priorities – TFS & Confectionery Businesses
GPI’s other growth priorities – TFS & Confectionery Businesses TFS Confectionery Funda Goli • The 24Seven chain of convenience stores offer daily needs groceries, ready-to-eat foods, beverages, cosmetics and personal • With the introduction of the Funda Goli range of candies, GPIL care products, mus
Slide 10: Cigarette Domestic Volume
Cigarette Domestic Volume Annual Volumes (million per month) Quarterly Volumes (million per month) 25% 1200 1,163 1,224 1,187 1,186 1,144 1,097 1000 967 930 881 775 800 600 400 200 0 FY 19 FY 20 FY 21 FY 22 FY 23 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 www.godfreyphillips.co 9
Slide 11: Q1 FY24 Financial Summary
Q1 FY24 Financial Summary Consolidated Rs. Crore Q1 FY24 Y-o-Y% Q1 FY23 Q4 FY23 Q-o-Q% FY23 Y-o-Y% FY22 1 Gross Sales Value 2623 20.1% 2184 2283 9410 7332 2 Gross Revenue 1245 982 974 4260 3229 Less- Excise duty 199 154 178 697 541 Net Revenue 1046 26.3% 828 796 31.4% 3563 32.6% 2688 3 COGS 553 39.3
Slide 12: Revenue Analysis
Revenue Analysis Gross Sales Value –Annual (Rs. Crore) Gross Sales Value – Quarterly (Rs. Crore) 2,623 28.3% 2,483 2,460 9,410 7,167 7,332 6,209 6,426 2,283 2,184 Q1 FY 23 Q2 FY 23 Q3 FY 23 Q4 FY 23 Q1 FY 24 FY 19 FY 20 FY 21 FY 22 FY 23 • Gross Sales Value includes Excise Duty, NCCD, GST, GST Compe
Slide 13: Gross Profit and Net Profit Contribution
Gross Profit and Net Profit Contribution Gross Profit (Rs. Crore) and Margin (%) Net Profit (Rs. Crore) and Margin (%) 21.9% 57.5% 2000 1782 29.0% 690 10.0% 1800 1424 1616 1600 1462 27.0% 650 9.0% 1400 1302 550 8.0% 25.0% 1200 438 7.0% 23.0% 450 385 376 1000 7.3% 6.0% 22.9% 350 800 21.0% 260 6.0% 22
Slide 14: Focus on People as single largest priority
Focus on People as single largest priority 1 2 3 Building Culture of Capability Building Holistic Wellbeing Performance Recognizing high performance Skilling and reskilling initiatives Workshops and interactions and augmenting talent quotient on an accelerated path to drive with employees to ensure
Slide 15: GPI as Great Place to Work – consistently for 5 years in a row
GPI as Great Place to Work – consistently for 5 years in a row Godfrey Phillips India was again recognized as a Great Place to Work for in March 2023; the journey started in May 2019 and continues till date – reinforcing our belief of ‘People First’ 2023 2022 2021 2020 Great Place to Work for 5 year
Slide 16: ESG is not new to GPI
ESG is not new to GPI; In FY’23, all initiatives were consolidated within the ESG framework • GPI has a rich ESG legacy with significant work done in past • In FY’23, the ESG journey commenced in a structured manner Environment, Social and • ‘People First’ and strong principles of corporate governan
Slide 17: Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR) Community Development Program for Burley Tobacco Farmers Program Objective : Tobacco is the core component of Company’s product. The marginalized farmers community need to be protected to ensure • Sustainable livelihood for community Company operates in • Tobacc
Slide 18: Corporate Social Responsibility (CSR) Initiatives
Corporate Social Responsibility (CSR) Initiatives under Community Development Program for Burley Tobacco Farmers Elimination of Child Labour • 70 Child Labour Awareness programs on benefits of education, rewards for attendance Augmented Earning • 56 Farmers Development Society for loans , trainings
Slide 19: Contact Us
Contact Us Godfrey Phillips India Limited CIN: L16004MH1936PLC008587 Registered Office: Corporate Office: Macropolo Building, Ground Floor 14, Omaxe Square, Dr. Babasaheb Ambedkar Road Jasola District Centre Lalbaug, Mumbai 400033 New Delhi 110025 For more information, please contact: Sunil Agrawal
Slide 20: Godfrey Phillips India Limited Head Office
GODFREY PHILLIPS INDIA LIMITED HEAD OFFICE Godfrey Phillips India Limited, 14, Omaxe Square, Jasola District Centre New Delhi 110025 Tel.: +91 11-2683 2155, 2631 8400 Fax: +91 11-2683 5803 REGISTERED OFFICE ‘Macropolo Building’, Ground Floor, Dr. Babasahed Ambedkar Road, Lalbaug, Mumbai - 400033 For
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