Globus Spirits Limited · NSE:GLOBUSSPR
Globus Spirits — Q4 FY24 Earnings Presentation
20 slides from Globus Spirits's earnings presentation, May 30, 2024
Slide 1: Covering letter to NSE and BSE
Dated : 30thMay 2024 The National Stock Exchange of India Limited The BSE Limited Exchange Plaza, C-1, Block-G PhirozeJeejeebhoy Towers BandraKurla Complex, Dalal Street, Fort Bandra (E), Mumbai – 400 001 Mumbai – 400 051 Sub: Presentation to be released before investors and Analysts:- Ref: Scrip- E
Slide 2: Result Presentation | Q4 & FY24
Option 2 Result Presentation | Q4 &FY24
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Globus Spirits Limited (the “Company”), solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities and shall not f
Slide 4: Q4FY24 Snapshot
Q4FY24 Snapshot Consumer - Prestige & Above (P&A) Revenue Sales Volume (cases) EBITDA Rs. 145 Mn 0.13 Mn Rs. -73 Mn Expecting strong volume and revenue growth. Profitability to improve with volume growth. 93% YOY 170% YOY -23% YOY Prestige & Above Consumer - Regular & Others (R&O) Revenue Sales Vo
Slide 5: FY24 Snapshot
FY24 Snapshot Consumer - Prestige & Above (P&A) Revenue Sales Volume (cases) EBITDA Rs. 452 Mn 0.38 Mn Rs. -281 Mn 38% YOY 84% YOY -55% YOY Consumer - Regular & Others (R&O) Revenue Sales Volume (cases) EBITDA Rs. 7,416 Mn 14.16 Mn Rs. 1,404 Mn 8% YOY 1% YOY 22% YOY Manufacturing Segment Revenue EBI
Slide 6: Prestige & Above – High Growth Segment
Prestige & Above – High Growth Segment Category Net Revenue, Rs. Million Category Sales Volume, Million Cases Category EBITDA, Rs. Million FY23 FY24 452 0.38 328 0.20 -181 -281 FY23 FY24 FY23 FY24 Robust volume and revenue growth; momentum to continue Current portfolio of 9 brands across Whisky,
Slide 7: Regular & Others – Stable Volume and Growth in Profitability
Regular & Others – Stable Volume and Growth in Profitability Category Sales Volume, Million Cases Category EBITDA, Rs. Million EBITDA (Rs Mn) EBITDA Margin (%) 19% 14.2 17% 14.1 1,404 1,151 FY23 FY24 FY23 FY24 Entrenched mature business with High Market Shares Fast moving cash-cycle with Low Ass
Slide 8: Focus on Building Brands Across Segments
Focus on Building Brands Across Segments Segment Whisky Rum Vodka Gin RTD & Beer Indicative MRP Luxury Coming MRP: Rs 2500+ Coming Soon Soon Semi Luxury MRP: Rs 1300+ Coming Soon Super Premium MRP: Rs 800+ Premium Rs 165 MRP: Rs 650+ Coming Soon (330 ml) Deluxe MRP: Rs 500+ Coming Soon Regular & Oth
Slide 9: Snapshot of Select Brands (1/4)
Snapshot of Select Brands (1/4) Terai India Dry Gin • The 1st of its kind India Dry Gin, made at our purpose built craft distillery in Behror, Rajasthan. • Proudly Indian with 11 select botanicals sourced mainly from Khari Baoli, Asia's largest spice market in India. • An award winning Gin at presti
Slide 10: Snapshot of Select Brands (2/4)
Snapshot of Select Brands (2/4) Mountain Oak Whisky • An exclusive blend of Scotch Malts and select Indian Grain Spirit. • First Year of launch 0.25 million cases sold. NOT OUT • Epitome of strength and resilience in a bottle, is a strong ABV Ready to Drink mead beverage. • Is Being Launched in sele
Slide 11: Snapshot of Select Brands (3/4)
Snapshot of Select Brands (3/4) WHITE LACE • With distinct notes of fennel and orange in the two varieties available, White Lace fits in well with a wide range of flavors. Millionaire The vodka, made in Rajasthan, is a versatile and clean tasting drink County Club • County Club Whisky by Globus Spir
Slide 12: Snapshot of Select Brands (4/4)
Snapshot of Select Brands (4/4) Ghoomar Ghoomar - which began as a traditional folk dance of the Bhil tribe in Rajasthan - is closely associated with celebrations and Millionaire extremely popular now across the state of Rajasthan. A refreshing drink for the dry, arid heat of the Rajasthani desert.
Slide 13: Manufacturing – Strong Fundamentals, Current Headwinds due to Input Costs
Manufacturing – Strong Fundamentals, Current Headwinds due to Input Costs EBITDA Rs. Per litre Total Installed Capacity, Million Ltr 14.6 301 7.7 260 7.1 Average Rs. 7 165 5.4 4.3 2.9 FY19 FY20 FY21 FY22 FY23 FY24 FY22 FY23 FY24 Category sales volume growth has been in line with installed capacity
Slide 14: Manufacturing - Existing State-of-the-Art Units
Manufacturing - Existing State-of-the-Art Units Rajasthan Facility West Bengal Facility Haryana Facility Capacity: 54.4 Mn Ltrs Capacity: 102 Mn Ltrs Capacity: 47.6 Mn Ltrs Products: Regular & Others, Prestige & Above, Bulk Products: Regular & Others, Prestige & Above, Bulk Products: Products: Regul
Slide 15: Financials
Financials | MOUNTAIN OAK
Slide 16: Profit & Loss Highlights
Profit & Loss Highlights Particulars (Rs Mn) Q4FY24 Q4FY23 YoY (%) Q3FY24 QoQ (%) FY24 FY23 YoY (%) Net Revenue from Operations 5,899 5,410 9% 6,875 -14% 24,146 21,090 14% Other Income 52 28 86% 28 86% 135 78 73% Total Income 5,951 5,438 9% 6,903 -14% 24,281 21,168 15% COGS 4,209 3,158 33% 4,983 -16
Slide 17: Balance Sheet Highlights
Balance Sheet Highlights Liabilities (Rs Mn) Mar-23 Mar-24 Assets (Rs Mn) Mar-23 Mar-24 Networth 8,866 9,716 Fixed Assets (Incl. CWIP) 8,988 10,156 LT Borrowings 1,112 919 Right to use of Assets 265 305 Provisions 46 65 Investments 0 38 Deferred Tax Liabilities 1,102 841 Other Financial Assets 686 1
Slide 18: Cash Flow Highlights
Cash Flow Highlights Cash Flow Extract (Rs Mn) FY23 FY24 Net cash generated from Operating Activities (A) 1,281 1,629 Net cash used in Investing Activities (B) -2,108 -1,844 Net cash used in Financing Activities (C) 850 -56 Net (decrease)/ increase in cash and cash equivalents (A+B+C) 23 -271 Add: C
Slide 19: Board of Directors and Management Team
Board of Directors and Management Team Management Team Ajay Kumar Swarup Shekhar Swarup Dr. Bhaskar Roy Managing Director Joint Managing Director Executive Director & COO • Joined the family business in 1981 after • After studying Marketing and Finance • A CA since 1987, PhD in Commerce from having
Slide 20: Let's Connect
Let’s Connect Globus Spirits Limited Mr. Nilanjan Sarkar, CFO Phone : +91 11 6642 4600 Email : nsarkar@globusgroup.in Stellar IR Advisors Pvt. Ltd. Ms. Pooja Sharma / Mr. Suyash Samant Phone : +91 22 6239 8024 Email : pooja.sharma@stellar-ir.com suyash@stellar-ir.com