Associated Alcohols & Breweries Ltd. · NSE:ASALCBR
Associated Alcohols & Breweries — Q1 FY2024 Earnings Presentation
17 slides from Associated Alcohols & Breweries's earnings presentation, Aug 10, 2023
Slide 1: Exchange filing cover letter
Registered I Corporate Office: 4th Floor, BPK Star Tower, A.B. Road, Indore - 452 008, (M.P.)India Contact No. +91 731 4780400/490 ASSOCIATED Associated Fax : +91 731 4780410 E-mail : info@aabl.in K E D IA G R OU P Dreams Determination Dexterity Alcohols & Breweries Ltd. CIN : L15520MP1989PLC049380
Slide 2: Earnings Presentation Q1-FY24
ASSOCIATED ALCOHOLS & BREWERIES LIMITED E A R N I N G P R E S E N TAT I O N Q1-FY24
Slide 3: Company Snapshot
Company Operational Snapshot Snapshot 3+ Decades Largest ENA manufacturing 32 of rich industry Single Location capacity is of Bottling domain experience integrated manufacturing 45 MLPA Lines Facility 12.5 Mn 6 Cases proprietary capacity brands Financial Snapshot FY23 Return Ratio Zero 5-year Revenu
Slide 4: Business Segments
Business Segments B2B Business (56% of Revenue*) Net Revenue From Operations (INR Mn) Merchant ENA Contract Manufacturing 19% 2% 7,008 5,126 By Products IMIL 4,358 5% 30% 1,563 B2C Business (44% of Revenue*) FY21 FY22 FY23 Q1-FY24 IMFL Licensed (Proprietary Brands) Brands 17% 27% * As of Q1-FY24 3
Slide 5: Products and Brands
Products and Brands Proprietary Brands James McGill Central Jamaican Bombay Special Superman Titanium Triple Apple & Orange Titanium Triple Whisky Province Whisky Magic Rum Series Series Distilled Vodka Distilled Vodka Licensed brands/ franchised brands Bagpiper Deluxe Blue Riband Flavored White Dir
Slide 6: Competitive Edge
Competitive Edge Superior Quality Co-generation power plant Multi Grain-based process manufacturer 60% of power coming from captive sources and expanding to further 100% Diversified Strategic Location Presence across alcohol value chain 125 acres land at Madhya Pradesh, is equidistant from all major
Slide 7: Financial Overview
Financial Overview 6
Slide 8: Q1-FY24 Financial Highlights
Q1-FY24 Financial Highlights Q1-FY24 Financial Performance Operational Income Net Profit INR 1,563 Mn INR 123 Mn EBITDA PAT Margin INR 185 Mn 7.87 % EBITDA Margin Diluted EPS 11.83% INR 6.83/share 7
Slide 9: Quarterly Segmental Highlights
Quarterly Segmental Highlights Merchant ENA IMIL IMFL Proprietary IMFL Licensed REVENUE (INR Mn) 686 279 441 311 306 481 276 382 Q1-FY23 Q1-FY24 Q1-FY23 Q1-FY24 Q1-FY23 Q1-FY24 Q1-FY23 Q1-FY24 Merchant ENA (MLPA) IMIL (Cases) IMFL Proprietary (Cases) IMFL Licensed (Cases) VOLUME (‘000s) 5,500 1,767
Slide 10: Operational Highlight & Outlook
Operational Highlight & Outlook ➢ The EBITDA for the quarter stood at INR 185 Mn with an impressive margin of 11.83%, • Margin expanded by 400 Bps from Q4 FY 23 ➢ The revenue for the quarter stood at INR 1,563 Mn, a decline of 15% from Q1 FY23 • Revenue dip is primarily due to a reduction in IMIL vo
Slide 11: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q1-FY24 Q1-FY23 Y-o-Y Q4-FY23 Q-o-Q Gross Revenues 1,564 1,843 (15.1)% 1,858 (15.8)% Excise duty 1 - NA 10 (90.0)% Net Revenue from Operations 1,563 1,843 (15.2)% 1,848 (15.4)% Total Operating Expenses 1,378 1,642 (16.1)% 1,701 (19.0)% EBITDA 185
Slide 12: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY21 FY22 FY23 Q1-FY24 Gross Revenues 4,532 5,142 7,028 1,564 Excise duty 174 16 20 1 Net Revenue from Operations 4,358 5,126 7,008 1,563 Total Operating Expenses 3,463 4,304 6,384 1,378 EBITDA 895 822 624 185 EBITDA Margins (%) 20.54% 16.04% 8.90% 11
Slide 13: Historical Balance Sheet
Historical Balance Sheet Particulars (INR Mn) FY21 FY22 FY23 Particulars (INR Mn) FY21 FY22 FY23 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 1,087 1,116 1,055 Share Capital 181 181 181 Capital Work in progress 92 236 1,105 Other Equity 2,337 2,948 3,453 Intang
Slide 14: Financial Overview
Financial Overview Net Revenue Operations (INR Mn) EBITDA (INR Mn) & Margin (%) Net Profit (INR Mn) & Margin (%) 895 7,008 822 580 608 20.54% 624 5,126 16.04% 13.31% 416 4,358 11.83% 11.86% 8.90% 7.87% 5.94% 1,563 185 123 FY21 FY22 FY23 Q1-FY24 FY21 FY22 FY23 Q1-FY24 FY21 FY22 FY23 Q1-FY24 EBITDA (I
Slide 15: Capital Market
Capital Market 30% 1 Year Share Price Performance (Up to 30th June, 2023) 20% 10% 0% -10% -20% -30% Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 AABL Sensex Price Data (As on 30th June, 2023) Shareholding Pattern (As on 30th June, 2023) Face Value (INR) 10.0 Ma
Slide 16: Disclaimer
Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the d
Slide 17: Thank You
Thank You 16
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