Associated Alcohols & Breweries Ltd. · NSE:ASALCBR
Associated Alcohols & Breweries — Q2 FY2023 Earnings Presentation
18 slides from Associated Alcohols & Breweries's earnings presentation, Nov 14, 2022
Slide 1: Earnings Presentation filing letter to stock exchanges
Registered/ 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 K E D IA G R OU P Dreams Determination Dexterity Alcohols & Breweries Ltd. E-mail: info@aabl.in CIN: L15520MP1989PLC049380 14t
Slide 2: Earnings Presentation | Q2/H1-FY23
EARNINGS PRESENTATION | Q2/H1-FY23
Slide 3: Company Snapshot
Company Snapshot Operational Snapshot 3 Decades of rich Largest Single ENA 32 Bottling Lines 12.5 Mn cases 6 proprietary industry domain Location integrated manufacturing capacity brands experience manufacturing capacity is of 45 Facility MLPA Financial Snapshot Industry Best Net Debt Free 3-year Re
Slide 4: Company Overview
Company Overview Operational Revenues and EBITDA Margins (%) 5,350 5,142 4,532 • Associated Alcohols and Breweries Ltd. (AABL) was founded by the late Shri Bhagwati Prasad 3,310 20% Kedia in 1989. 14% 16% • It is run today under the stewardship of his two 766 895 822 9% sons, Mr. Anand Kedia and Mr.
Slide 5: Key Strengths
Key Strengths Superior Quality Co-generation power plant Multi Grain-based process manufacturer 60% of power coming from captive sources and expanding to further 100% Diversified Process residue Presence across alcohol value chain Converted into monetizable by-products, accounting for almost 10% of
Slide 6: Financial Overview
BUSINESS OVERVIEW FINANCIAL OVERVIEW IMFL Licensed Brands
Slide 7: Q2/H1-FY23 Financial Highlights
Q2/H1-FY23 Financial Highlights Q2-FY23 Financial Performance H1-FY23 Financial Performance Operational Operational Net Profit Net Profit Income Income INR 75 Mn INR 209 Mn INR 1,467 INR 3,310 Mn Y-o-Y Y-o-Y Y-o-Y Y-o-Y -14% -48% +22% +65% EBITDA EBITDA INR 108 Mn PAT Margin INR 310 Mn PAT Margin Y-
Slide 8: Q2-FY23 Segmental Highlights
Q2-FY23 Segmental Highlights Merchant ENA IMIL IMFL Proprietary IMFL Licensed Brands Revenue (INR Mn) 503 436 15.4% 386 65.0 % 266 (15.4)% 244 225 50.6% 234 162 Q2-FY22 Q2-FY23 Q2-FY22 Q2-FY23 Q2-FY22 Q3-FY23 Q2-FY22 Q2-FY23 Merchant ENA (Litres) IMIL (Cases) IMFL Proprietary (Cases) IMFL Licensed B
Slide 9: H1-FY23 Segmental Highlights
H1-FY23 Segmental Highlights Merchant ENA IMIL IMFL Proprietary IMFL Licensed Brands Revenue (INR Mn) 523 537 483 11.2% 1,196 768 % 0 .9% 64.5 11 .8% 727 248 118 351 H1-FY22 H1-FY23 H1-FY22 H1-FY23 H1-FY22 H1-FY23 H1-FY22 H1-FY23 Merchant ENA (Litres) IMIL (Cases) IMFL Proprietary (Cases) IMFL Licen
Slide 10: Operational Highlights and Outlook
Operational Highlights and Outlook • Reported revenue growth of 22% YoY during Q2 FY23 and 65% during H1 FY23. • In the quest for higher market share, the company deployed an aggressive strategy to push sales resulting in lower sales realisations during the period; this move would help the company m
Slide 11: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q2-FY23 Q2-FY22 Y-o-Y Q1-FY23 Q-o-Q Operational Income 1,467 1,206 21.6% 1,843 (20.4)% Total Operating Expenses 1,359 1,002 35.6% 1,642 (17.2)% EBITDA 108 204 (47.1)% 201 (46.3)% EBITDA Margins (%) 7.36% 16.92% (956) Bps 10.91% (355) Bps Other Inc
Slide 12: YTD Financial Performance
YTD Financial Performance Particulars (INR Mn) H1-FY23 H1-FY22 Y-o-Y Operational Income 3,310 2,009 64.8% Total Operating Expenses 3,000 1,649 81.9% EBITDA 310 360 (13.9)% EBITDA Margins (%) 9.37% 17.92% (855) Bps Other Income 50 42 19.0% Depreciation 74 70 5.7% Interest 5 4 25.0% Profit Before Tax
Slide 13: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY20 FY21 FY22 H1-FY23 Operational Income 5,350 4,532 5,142 3,310 Total Operating Expenses 4,584 3,637 4,320 3,000 EBITDA 766 895 822 310 EBITDA Margins (%) 14.32% 19.75% 15.99% 9.37% Other Income 33 46 142 50 Depreciation 141 141 143 74 Interest 21 1
Slide 14: Historical Balance Sheet
Historical Balance Sheet Particulars (INR Mn) FY21 FY22 H1-FY23 Particulars (INR Mn) FY21 FY22 H1-FY23 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Share Capital 181 181 181 Property, Plant & Equipment 1,087 1,116 1,101 Other Equity 2,337 2,948 3,243 Capital Work in progress 92 236 669 To
Slide 15: Financial Overview
Financial Overview Revenue From Operations EBITDA (In INR Mn) & Net Profit (In INR Mn) & (INR Mn) EBITDA Margins (%) PAT Margins (%) 5,350 5,142 4,532 895 822 766 608 3,310 580 493 13% 12% 20% 310 9% 209 14% 16% 9% 6% FY20 FY21 FY22 H1-FY23 FY20 FY21 FY22 H1-FY23 FY20 FY21 FY22 H1-FY23 EBITDA (INR M
Slide 16: Capital Market Data
Capital Market Data 50% 40% 30% 20% 10% 0% -10% -20% Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 AABL-Close Price Sensex Shareholding Pattern (As on 30th September 2022) Price Data (As on 30th September 2022) Face Value (INR) 10.00 FII+DII, 0.81% Market Price
Slide 17: 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 18: Slide 18
Associated Alcohols & Breweries — Q2 FY2023 Earnings Presentation on 6ix