Som Distilleries & Breweries Ltd. · NSE:SDBL
Som Distilleries & Breweries — Investor Presentation (August 2023)
26 slides from Som Distilleries & Breweries's investor presentation, Aug 24, 2023
Slide 1: Intimation of Schedule of Institutional Investor Meetings
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: SOM Distilleries and Breweries Limited Corporate Presentation
SOM Distilleries and Breweries Limited Corporate Presentation August 2023
Slide 3: Safe Harbor
Safe Harbor This presentation contains “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to SOM Distilleries and Breweries’ future business development and economic performance. While thes
Slide 4: Contents
Contents 1 Industry Overview 2 Company Overview 3 Key Investment Highlights 3
Slide 5: India 3rd Largest Alcobev Market Globally
Industry Overview India 3rd Largest Alcobev Market Globally Indian Alcobev Industry (~$42-45 billion in FY22) Spirits (~74-78%) Wine (~1-2%) Beer (~21-24%) Indian-made foreign Country liquor Strong Beer Mild Beer Craft Beer liquor (IMFL) (~30-40%) (~75-80%) (~14-18%) (~1-2%) (~60-70%) Whisky Rum Vod
Slide 6: India's Geography wise Alcohol Consumption Pattern
Industry Overview India’s Geography wise Alcohol Consumption Pattern In India, IMFL and beer constitute majority (~85-90%) of the alcobev industry in terms of value. While IMFL consumption is tilted towards southern states, beer consumption is higher in the northern and central states. Conducive wea
Slide 7: Healthy Growth Expected
Industry Overview Healthy Growth Expected (₹ in Millions) 3,00,000 24.60% 18-20% 30.00% 2,50,000 20.00% 12.60% 2,00,000 5-10% 10.00% 1,50,000 3.00% 0.00% 1,00,000 50,000 -10.00% - -17.60% -20.00% FY2019 FY2020 FY2021 FY2022 FY2023P FY2024P Revenue YoY % Change Despite healthy YoY growth of 11.8% in
Slide 8: Recent Industry Trends
Industry Overview Recent Industry Trends Premiumization Ready to mix, low alcohol variants and Consumers are shifting their preference towards hybrid beverages premium and elite products, including rising The alcobev players are undertaking product innovation, to demand for scotch whiskies, craft be
Slide 9: Key Growth Drivers
Industry Overview Key Growth Drivers Rising disposable Increase in Growing Urbanisation and Rise in consumer income levels young‐adult accessibility of change in societal demand for demographics alcobev products perspective with premium/luxury with >65% exposure to brands population western cultures
Slide 10: An expected shift in the Indian beer market
Industry Overview An expected shift in the Indian beer market Highly regulated industry with state-specific pricing policies The Central and state governments Alcobev manufacturers Alcobev consumption Most states had imposed In the recent past, there have impose restrictions on production, remain ex
Slide 11: Contents
Contents 1 Industry Overview 2 Company Overview 3 Key Investment Highlights 10
Slide 12: Company Overview
Company Overview SOM Distilleries: The only listed company with both Beer & IMFL portfolio in India • SOM Distilleries and Breweries Limited (SDBL) is based in Bhopal and is one of the leading alcoholic beverages manufacturers in India • SDBL is primarily engaged in production of beer and blending a
Slide 13: Leading Alcoholic Beverage Manufacturer in India
Company Overview Leading Alcoholic Beverage Manufacturer in India Production of Beer and Blending & Bottling of IMFL Established in 1993 14.96M Cases Share Price Strong Portfolio Consisting of Millionaire Brands Sold in FY23 ₹324.55 ₹25,075 M Only Listed Company in India Strong Management Revenue CA
Slide 14: Stock Performance
Stock Performance 400% 300% 200% 100% 0% Nov-22 Oct-22 Jan-23 Jun-23 Aug-22 Dec-22 Mar-23 Apr-23 Jul-23 Aug-23 Sep-22 Feb-23 May-23 May-23 Som Distilleries & Breweries Ltd. (257%) Nifty (10%) Closing Price (August 23, 2023) ₹324.55 Particulars 1M 3M 6M 12 M 52 Week High (August 1, 2023) ₹365.00 Avg
Slide 15: Awards & Accolades
Awards & Accolades Winner of Monde Awarded fastest Winner of Monde Selection Quality Best CSR Award growing company Selection Quality Award - Hunter by Spiritz by INDSPIRIT Award - White Fox Awarded Featured in Winner of Monde Excellence for "Forbes Top Selection Quality Winner of Ranked 86th Smart
Slide 16: Contents
Contents 1 Industry Overview 2 Company Overview 3 Key Investment Highlights 15
Slide 17: Key Investment Highlights
Key Investment Highlights Strong Product Portfolio Widespread Presence Robust Financial Experienced Commitment to Growth Performance Management 16
Slide 18: Strong Product Portfolio (1/2)
Strong Product Portfolio (1/2) Beer Portfolio IMFL Portfolio Whisky Vodka Beer Brands Pentagon Gold Edition Whisky Blue Chip Vodka Hunter Super Strong Premium Beer Legend Premium Whisky White Fox Vodka 2Ist Century Pure Malted Whisky White Fox Refresh (RTD) Power Cool Super Strong Beer GS Genius Whi
Slide 19: Strong Product Portfolio (2/2)
Strong Product Portfolio (2/2) Three Millionaire Brands Hunter Black Fort Power Cool • Mainstream Segment • Regular Segment • Regular Segment • Launched in 1995 • Launched in 1994 • Launched in 2011 • Alcohol Content of 6- • Alcohol Content of • Alcohol Content of 8% 6-8% 6-8% (Million Cases Sold) (
Slide 20: Widespread Presence (1/2) National Presence
Widespread Presence (1/2) National Presence High Market Penetration States accounting for ~94% of Business SDBL’s Market Share in the State 44% 20% 15% 11% Madhya Karnataka Odisha Delhi Pradesh Presence Across the Country Company set to invest ₹300 Cr Company received permission in a new unit in Mah
Slide 21: Widespread Presence (2/2) International Presence
Widespread Presence (2/2) International Presence MOU signed with Indian Fashion FZE, UAE for export of Beer and IMFL for West and Presence in 20+ Countries Central Africa. The Company is Focused on Expanding its Export Portfolio Source: Company Data 20
Slide 22: Commitment to Growth (1/2)
Commitment to Growth (1/2) Strategic tie up with Carlsberg for the Odisha Plant, Strategic tie up with Radico Khaitan Ltd for their leading to better capacity utilization IMFL & RTD Brands production at Karnataka Plant MOU signed with Indian Fashion FZE, UAE for export Permission received to supply
Slide 23: Commitment to Growth (2/2)
Commitment to Growth (2/2) Growth in Capacity Growth in Beer Sales (Million Cases) 15.20 15.20 (Million Cases) 14.96 9.00 8.35 6.00 7.52 6.83 6.58 4.50 4.20 5.08 Karnataka Odisha Madhya Pradesh FY19 FY20 FY21 FY22 FY23 Q1 FY24 Pre-Expansion Post Expansion The Company has a combined capacity of 30.20
Slide 24: Robust Financial Performance
Robust Financial Performance Revenue EBITDA & EBITDA Margin PAT & PAT Margin (₹ M) (₹ M) (₹ M) 9% 8,067 1,021 7% 603 13% 3% 13% 13% 5% 337 10% 197 150 4,599 493 443 485 3,933 3,628 3,850 5% 169 -3% -98 2,876 -3%-96 FY19 FY20 FY21 FY22 FY23 Q1 FY24 FY19 FY20 FY21 FY22 FY23 Q1 FY24 -13% -381 FY19 FY20
Slide 25: Experienced Management
Experienced Management Jagdish Kumar Arora Chairman & Managing Director His vision as the founder and leadership skills continue to shape the success Som is achieving in innovative and sustainable development. Deepak Arora A.K. Arora Chief Executive Officer Deputy Managing Director His skill lies in
Slide 26: SOM Distilleries & Breweries Limited
SOM Distilleries & Breweries Limited (BSE: 507514, NSE: SDBL) Registered Office: Corporate Office: Zee Plaza, 1 - A Kamal SOM HOUSE Cinema Road Arjun Nagar 23, Zone II Safdarjung Enclave New Maharana Pratap Nagar, Delhi 110029 Bhopal 462011 Western India office Sales and Marketing office 203, Landma
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