V2 Retail Limited · NSE:V2RETAIL
V2 Retail — Q3 FY2021-22 Earnings Presentation
31 slides from V2 Retail's earnings presentation, Feb 14, 2022
Slide 1: V2 Retail Limited
V2 Retail Limited February 14, 2022 BSE Limited NationalStock Exchange Of India Limited Corporate Relationship Department Listing Department lst Floor, New Trading, Rotunda Building, Exchange Plaza, Bandra Kurla Complex, P J Towers, Dalai Street, Fort, Bandra IEastl, M umbai -- 400 001 M umbai -- 40
Slide 2: Q3 & 9M FY22 Result Update
Fashion Essentials Tell the tale of your exquisite personality with the choice of Indian wear to accentuate your appearance. {)> Sa Value Variety lin ONG if, \ I <= F iA F\ ()
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by V2 Retail Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, an
Slide 4: Q3 & 9M FY22 Highlights
Q3 & 9M FY22 Highlights 3
Slide 5: Performance Highlights Q3 & 9M FY22 - Consolidated
Performance Highlights Q3 & 9M FY22 - Consolidated EBIDTA ₹ 409 Mn in Q3 FY22 as compared to ₹ 436 Mn in Q3 FY21. EBIDTA for 9M FY22 stood at ₹ 704 Mn as compared to ₹ 606 Mn in 9M FY21 Gross Profit PBT ₹ 798 Mn in Q3 FY22 as ₹ 168 Mn in Q3 FY22 as compared to ₹ 813 Mn in compared to ₹ 200 Mn in Q3
Slide 6: Highlights Q3 FY22
Highlights Q3 FY22 Store Count & Retail Area 01 97 Stores at end of Q3 FY22 (Opened 1, Closed 0) Total Retail area ~10.23 lakh sq.ft. SSG 02 Same Store Sales Growth (3%) in Q3 FY22 ASP 03 Average Selling price in Q3 FY22 was ₹ 341 (Q3 FY21 ₹ 326) ABV 04 Average Bill value in Q3FY22 was ₹ 870 (Q3 FY2
Slide 7: Highlights 9M FY22
Highlights 9M FY22 Store Count & Retail Area 01 97 Stores at end of 9M FY22 (Opened 5, Closed 3) Total Retail area ~10.23 lakh sq.ft. SSG 02 Same Store Sales Growth 20% in 9M FY22 ASP 03 Average Selling price in 9M FY22 was ₹ 296 ABV 04 Average Bill value in 9M FY22 was ₹ 802 PSF 05 Sales per square
Slide 8: Key Trends
Key Trends Business recovery was good in October and November, 01 however demand tapered sharply post December 15th and till January 2022 due to restrictions imposed by various state governments in the wake of third wave of Covid-19 We continue to remain focused and committed to the accelerated stor
Slide 9: Consolidated Financial Highlights
Consolidated Financial Highlights Revenue (₹ Million) Gross Profit (₹ Million) and Gross Profit Margins EBIDTA (₹ Million) and EBIDTA Margins Profit After Tax (₹ Million) 8
Slide 10: Standalone Financial Highlights
Standalone Financial Highlights Revenue (₹ Million) Gross Profit (₹ Million) and Gross Profit Margins EBIDTA (₹ Million) and EBIDTA Margins Profit After Tax (₹ Million) 9
Slide 11: Profit & Loss - Consolidated
Profit & Loss - Consolidated Particulars (₹ million) Q3 FY22 Q3 FY21 Y-O-Y Q2 FY22 9MFY22 9MFY21 Y-O-Y FY2021 Revenue from Operations 2,389 2,274 5% 1,495 4,710 3,493 35% 5,386 Other Income 11 13 20 122 146 230 Total Income 2,400 2,286 5% 1,516 4,832 3,639 33% 5,616 Gross Profit 798 813 -2% 513 1,58
Slide 12: Profit & Loss - Standalone
Profit & Loss - Standalone Particulars (₹ million) Q3 FY22 Q3 FY21 Y-O-Y Q2 FY22 9MFY22 9MFY21 Y-O-Y FY2021 Revenue from Operations 2,389 2,274 5% 1,495 4,710 3,493 35% 5,386 Other Income 10 11 20 121 138 222 Total Income 2,399 2,285 5% 1,515 4,831 3,631 33% 5,608 Gross Profit 763 786 -3% 460 1,484
Slide 13: Pre Ind AS 116 P&L (Consolidated)
Pre Ind AS 116 P&L (Consolidated) Particulars (₹ million) Q3 FY22 Q3 FY21 Y-O-Y Q2 FY22 9MFY22 9MFY21 Y-O-Y Revenue from Operations 2,389 2,274 5% 1,495 4,710 3,493 35% Other Income 2 2 6 9 10 Total Income 2,391 2,276 1,502 4,719 3,503 Cost of Material Consumed 1,593 1,463 985 3,137 2,295 Gross Prof
Slide 14: Pre Ind AS 116 P&L (Standalone)
Pre Ind AS 116 P&L (Standalone) Particulars (₹ million) Q3 FY22 Q3 FY21 Y-O-Y Q2 FY22 9MFY22 9MFY21 Y-O-Y FY2021 Revenue from Operations 2,389 2,274 5% 1,495 4,710 3,493 35% 5,386 Other Income 2 0 6 9 5 19 Total Income 2,391 2,274 1,502 4,719 3,499 5,405 Cost of Material Consumed 1,626 1,488 1,035 3
Slide 15: Store Presence
Store Presence Jammu & Kashmir (1) Uttar Pradesh (22) Arunachal (1) Kathua Gorakhpur 1; Gorakhpur 2; Itanagar Sitapur; Varanasi 1; Padrauna; Himachal (1) Gazipur; Pratapgarh; Lucknow; Behraich; Akbarpur, Varanasi 2; Solan Azamgarh; Ballia ; Varanasi 3; Assam (6) & Tripura (1) Gorakhpur 3; Basti; Rae
Slide 16: Our Brands
Our Brands Banka, Bihar JEYPORE, ORISSA 15
Slide 17: Treat Yo'Self!
p Treat Yo'Self! MEN'S COLLECTION STYLE YOUR STREET STYLE
Slide 18: Promotions – Campaigns Q3 FY22
Promotions – Campaigns Q3 FY22 17
Slide 19: Promotions – Campaigns Q2 FY22
Promotions – Campaigns Q2 FY22 18
Slide 20: Board of Directors
Board of Directors 19
Slide 21: Board of Directors
Board of Directors Mr. Ram Chandra Agarwal, Mrs. Uma Agarwal, Mr. Akash Agarwal, Whole Ms. Rochelle Susanna Chairman and Managing Whole Time Director Time Director & CFO Dsouza, Nominee Director Director • Mr. Agarwal holds a bachelor’s • Mrs. Agarwal holds a • Mr. Akash Agarwal holds a • Ms. Rochel
Slide 22: Board of Directors
Board of Directors Mr. Harbir Singh Sidhu Dr. Arun Kumar Roopanwal Mr. Lalit Kumar Mrs. Archana S Yadav Independent Director Independent Director Independent Director Independent Director ▪ A Graduate (BA HONS) from ▪ He has over 35 Years of ▪ He has over 30 Years of ▪ A Chartered Accountant in Camb
Slide 23: Key Financial Indicators - Historical
Key Financial Indicators - Historical 22
Slide 24: Financial Highlights – Standalone Profit & Loss Account
Financial Highlights – Standalone Profit & Loss Account Particulars (₹ in Mn) FY2017 FY2018 FY2019 FY2020 FY2021 Revenue from Operations 4,720 5,594 7,484 7,012 5,386 Other Income 16 33 99 138 222 Total Income 4,736 5,627 7,583 7,150 5,608 Growth (%) 65% 19% 34% -6% -23% Gross Profit 1,388 1,804 2,4
Slide 25: Balance Sheet - Standalone
Balance Sheet - Standalone Particulars (₹ in Mn) FY2021 FY2020 Particulars (₹ in Mn) FY2021 FY2020 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Property, plant and equipment 971 889 Equity share capital 341 341 Capital Work in Progress - - Other equity 2,378 2,464 Right to use Assets 2,84
Slide 26: Financial Highlights – Consolidated Profit & Loss Account
Financial Highlights – Consolidated Profit & Loss Account Particulars (₹ million) FY2021 FY2020 Revenue from Operations 5,386 7,012 Other Income 230 25 Total Income 5,616 7,037 Gross Profit 1,628 1,960 GP Margin (%) 30.2% 27.9% EBIDTA 715 773 EBIDTA Margin (%) 13.3% 11.0% Depreciation 555 510 Financ
Slide 27: Balance Sheet - Consolidated
Balance Sheet - Consolidated Particulars (₹ in Mn) FY2021 FY2020 Particulars (₹ in Mn) FY2021 FY2020 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Property, plant and equipment 1,049 922 Equity share capital 341 341 Capital Work in Progress - - Other equity 2,346 2,451 Right to use Assets
Slide 28: Cash Flow Statement for March 31, 2021
CASH FLOW STATEMENT FOR MARCH 31, 2021 Standalone Consolidated Particulars (₹ in Mn) FY2021 FY2020 FY2021 FY2020 PBT (131) 105 (153) 87 Adjustments 691 665 710 671 Operating profit before working capital changes 560 770 557 758 Changes in working capital (712) 176 (522) (14) Cash generated from oper
Slide 29: Robust Financial Performance
Robust Financial Performance Revenue (₹ Million) EBIDTA (₹ Million) and EBIDTA Margins PBT (₹ Million) PAT (₹ Million) 28
Slide 30: Key Operating Metrics
Key Operating Metrics No. of Stores and Retail Space (lakh sq.ft.) Inventory Holding Days Sales per Sq. Ft. (₹ Per Month) Rent per Sq. Ft. (₹ Per Month) 29
Slide 31: Thank You
Thank You For further information please contact: Investor Relation Advisors: Company: Dr. Rahul Porwal Mr. Sudhir Kumar Marathon Capital Advisory Private Limited (Company Secretary & Compliance Officer) Tel : +91-22-40030610 / 9967576900 V2 Retail Limited Email : rahul@marathoncapital.in Tel : +91-