Som Distilleries & Breweries Ltd. · NSE:SDBL
Som Distilleries & Breweries — H1 FY2024 Earnings Presentation
25 slides from Som Distilleries & Breweries's earnings presentation, Oct 17, 2023
Slide 1: Exchange filing cover letter: Investors Presentation
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 & Breweries Limited Earnings Presentation H1 FY2024
SOM Distilleries & Breweries Limited (BSE: 507514, NSE: SDBL) Earnings Presentation H1 FY2024
Slide 3: Q2 FY2024 Earnings Conference Call
Q2 FY2024 Earnings Conference Call Conference Call Details: Tuesday, 18th October 2023 at 3:00 PM IST Diamond Pass Link Primary Number +91 22 6280 1527 / +91 22 7115 8322 The number listed above is universally accessible from all networks and all countries. USA: 1 866 746 2133 UK: 08 081 011573 Toll
Slide 4: Company Profile
Company Profile
Slide 5: SOM Distilleries: The only listed Beer and IMFL company in India
SOM Distilleries: The only listed Beer and IMFL company in India Business Overview SOM Distilleries & Breweries Limited The Company has three key millionaire brands (sales (SDBL) is based in Bhopal and is one of more than 1 mn cases per annum) – Hunter, Black the leading alcoholic beverages Fort and
Slide 6: SOM Distilleries: The only listed Beer and IMFL company in India
SOM Distilleries: The only listed Beer and IMFL company in India Hunter Refreshing Black Fort Super Power Cool Beer Woodpecker Strong Premium Beer Strong Beer Beer Milestone Blue Pentagon Gold Legend Premium Pentagon XO Black Fort XXX Legend Rare Whisky Edition Whisky Whisky Premium Rum Matured Rum
Slide 7: Investment Case
Investment Case Only listed company in India having both Beer The company has also tied up with Radico Khaitan and IMFL, which complement each other and Ltd for their IMFL & RTD Brands production at reduces the risk of seasonality while providing Karnataka plant marketing efficiencies Received permi
Slide 8: Plant Location
Plant Location MP Plant Capacity (in Mn cases) Beer IMFL 15.2 0.6 Karnataka Plant Capacity (in Mn cases) Beer IMFL 9.0 2.7 Odisha Plant Capacity (in Mn cases) Beer IMFL 6.0 0.6 7
Slide 9: Q2 FY2024 Performance
Q2 FY2024 Performance
Slide 10: Q2 FY2024 Financial Highlights
Q2 FY2024 Financial Highlights Key Highlights: Q2 FY2024 vs Q2 FY2023 Beer Volume Total Income 40.3 Lakh Cases Rs. 2,480 mn +40.5 % +67.7 % IMFL Volume EBITDA 2.5 Lakhs Cases Rs. 275 mn +43.7 % +47.8 % Net Debt / PAT EBITDA 1.9x Rs. 149 mn +80.0 % 9
Slide 11: Management Commentary
Management Commentary In Q2 FY2024, SOM demonstrated promising performance, reflecting our commitment to strategic expansion and financial excellence. Our beer volume recorded a 40.5% y-o-y growth, while a 40.7% growth in IMFL. This has led to y-o-y growth of 67.7% in Total Income and a strong 80.0%
Slide 12: Key developments for Q2 FY24
Key developments for Q2 FY24 Received permissions for supply of beer brands to Rajasthan, one of the top five states in consumption nationwide Approval granted for supply of Indian Made Foreign Liquor (IMFL) brands in Rajasthan, diversifying our product portfolio and enhancing market impact Long-ter
Slide 13: Performance Highlights
Performance Highlights Q2 Y-o-Y H1 Y-o-Y (Rs. Million) FY2024 FY2023 Growth (%) FY2024 FY2023 Growth (%) Total Income 2,480 1,479 67.7% 6,346 4,039 57.1% Gross Profit 881 608 44.9% 2,277 1,724 32.1% Margin (%) 35.5% 41.1% 35.9% 42.7% EBITDA 275 186 47.8% 776 545 42.4% Margin (%) 11.1% 12.6% 12.2% 13
Slide 14: H1 FY2024 Financial Highlights
H1 FY2024 Financial Highlights
Slide 15: H1 FY2024 Financial Highlights
H1 FY2024 Financial Highlights Key Highlights: H1 FY2024 vs H1 FY2023 Beer Volume Total Income 106.2 Lakh Cases Rs. 6,346 mn +39.7 % +57.1 % IMFL Volume EBITDA 4.7 Lakhs Cases Rs. 776 mn +30.0 % +42.4 % Total Volume PAT 110.8 Lakhs Cases Rs. 485 mn +39.2 % +43.1 % 14
Slide 16: Performance Discussion
Performance Discussion Operational efficiencies leading to better cost management • Recorded beer volume of 40.3 lakh cases (40.5% y-o-y) • Recorded IMFL volume of 2.5 lakh cases (43.7% y-o-y) Volume and Sales • Beer revenue of Rs. 2,205 million; over 64.4% of Q2 FY23 • Our mainline brands; Hunter,
Slide 17: Leverage Profile
Leverage Profile Sept 30 Mar 31 (Rs. Million) 2023 2023 Secured 750 1,330 • Gross Debt reduced by Rs. 250 million, Borrowings Overall consolidated debt decreased, Unsecured showcasing an improved total debt 950 1,092 Borrowings position Gross Debt- • Net Debt has reduced from Rs. 2296 1,700 2,422 Co
Slide 18: Operational Highlights
Operational Highlights
Slide 19: Volume Summary
Volume Summary Q2 Y-o-Y H1 Y-o-Y Lakh cases Growth Growth FY2024 FY2023 FY2024 FY2023 • Power Cool beer demonstrated strong (%) (%) expansion in Karnataka and Madhya Pradesh, Hunter 11.2 9.0 24.1 32.6 29.0 12.3 reflecting its growing presence in the market , with volume increasing by around 39.2% co
Slide 20: Millionaire Beer Brands – Volume Consolidation
Millionaire Beer Brands – Volume Consolidation 21.4 14.8 9.0 11.2 5.6 Q2 FY2023 Q3 FY2023 Q4 FY2023 Q1 FY2024 Q2 FY2024 Quantity Sold (in lakh cases) 14.0 5.7 4.7 3.4 3.6 Q2 FY2023 Q3 FY2023 Q4 FY2023 Q1 FY2024 Q2 FY2024 29.3 26.1 22.3 16.0 17.0 Q2 FY2023 Q3 FY2023 Q4 FY2023 Q1 FY2024 Q2 FY2024 19
Slide 21: Sustainability
Sustainability
Slide 22: Sustainability
Sustainability Conservation of Energy CSR and Donations Corporate Governance Reduce fossil fuel dependency by transitioning to In FY23, donated Rs. 135.98 lacs, committing 2% Corporate governance philosophy is guided by renewables and regular checks on electrical of net profit for societal education
Slide 23: Awards & Accolades
Awards & Accolades
Slide 24: Awards and Accolades
Awards and Accolades Brand Recognition 23
Slide 25: SOM Distilleries & Breweries Limited
SOM Distilleries & Breweries Limited (BSE: 507514, NSE: SDBL) (CIN: L74899DL1993PLC052787) Registered Office: Corporate Office: Zee Plaza, 1 - A SOM HOUSE Kamal Cinema Road 23, Zone II Arjun Nagar Maharana Pratap Nagar, Safdarjung Enclave Bhopal 462011 New Delhi 110029 Ph.: +91 755 427 8827 Nakul Se
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