Radico Khaitan Limited · NSE:RADICO
Radico Khaitan — Q3 FY2020 Earnings Presentation
16 slides from Radico Khaitan's earnings presentation, January 2020
Slide 1: Radico Khaitan Ltd. Earnings Presentation Q3 and Nine Month FY2020
Radico Khaitan Ltd. (BSE: 532497; NSE: RADICO) Earnings Presentation Q3 and Nine Month FY2020
Slide 2: Q3 FY2020 Performance Highlights
Q3 FY2020 Performance Highlights Continued strong top line growth Q3 FY2020 vs. Q3 FY2019 9M FY2020 vs. 9M FY2019 o Total IMFL volume of 6.45 Million Cases (+13.9%) o Prestige & Above brands volume of 1.90 Million Cases (+21.0%) o Total IMFL volume of 18.48 Million Cases (+12.3%) o Prestige & Above
Slide 3: Leverage and Finance Cost Trend
Q3 FY2020 Performance Highlights Leverage and Finance Cost Trend Cumulative Net Debt reduction of ` 586 Cr since March 2016… …Resulted in interest cost saving Net Debt Position (` Crore) Annual Interest Cost (` Crore) 947 785 162 570 215 85 80 41 361 68 319 250 35 31 Mar-16 Mar-17 Mar-18 Mar-19 Dec-
Slide 4: Management Perspectives
Management Perspectives Commenting on the results and performance, Dr. Lalit Khaitan, Chairman & Managing Director said: “Radico Khaitan has delivered another quarter of a strong operational and financial performance. The Company continued to outperform the industry which is a testament to our robus
Slide 5: Performance Overview
Performance Overview Q3 y-o-y Nine Month y-o-y FY2020 FY2019 Growth (%) FY2020 FY2019 Growth (%) Operational Performance (Million Cases) Prestige & Above 1.90 1.57 21.0% 5.52 4.74 16.3% Regular & Others 4.55 4.10 11.1% 12.96 11.72 10.6% Total Volume 6.45 5.66 13.9% 18.48 16.46 12.3% Prestige & Above
Slide 6: Performance Overview
Performance Overview* Q3 y-o-y Nine Month y-o-y (Rs. Crore) FY2020 FY2019 Growth (%) FY2020 FY2019 Growth (%) Gross Sales 2,011.65 2,058.37 (2.3)% 7,208.78 6,079.74 18.6% Revenue from Operations 647.93 552.93 17.2% 1,841.68 1,586.96 16.1% Other Income 1.82 2.75 (34.1)% 7.01 9.69 (27.7)% Income from
Slide 7: Performance Discussion
Performance Discussion Q3 FY2020 Highlights (Y-o-Y) o Revenue from Operations (Net) grew by 17.2%. Total IMFL volumes increased by 13.9%. This volume growth was led by a strong Prestige & Above category volume increase of 21.0%. Volume growth was broad based across key states and key IMFL brands. Ou
Slide 8: Brand Performance
Brand Performance Rampur Indian Single Malt • Launched select variants: o Rampur PX Sherry: Limited 48 cask batch where American Oak were handpicked and transferred to PX Sherry Butts from Jerez, Spain o Rampur Double Cask: Matured in hand-picked American Bourbon barrels and European Oak Sherry cask
Slide 9: Brand Performance
Brand Performance Magic Moments Vodka • Sales volumes crossed 4 million case mark in FY2019 • Launched Magic Moments Verve in a new premium canister packaging • Marketing campaign with Bollywood stars Kartik Aryan and Jacqueline Fernandez • Continues to gain market share with Magic Moments now accou
Slide 10: Leading market positioning
Leading market positioning The Millionaires’ Club 2018 global rankings 4th th 7th 5th Fastest growing whisky in the world 11 in the world by Largest vodka volume Largest rum in the world by volume Largest brandy in the world by volume Largest whisky 11 th in the world by volume Earnings Presentation
Slide 11: Company overview: One of the largest spirits manufacturers in India
Company overview One of the largest spirits manufacturers in India Strategically limiting 75 years of One of the largest interstate taxes and experience in spirits 1943 making. One of the 157 spirits manufacturers. Operates three 28 transport costs. Five own and 23 Year of most recognized Bottling M
Slide 12: Clearly defined strategic roadmap
Clearly defined strategic roadmap Focus on building brands and driving a profitable growth Strong cash flow generation and Innovation and brand building Premium growth deleveraging • Established track record: Magic Moments • Growth driven by Prestige & Above category • Focused on a profitable growth
Slide 13: Statutory Results
Statutory Results Statement of Unaudited Standalone IND AS Financial Results for the quarter ended December 31, 2019 Sl. No. Particulars (1) (2) (3) (4) (5) (6) (Rs. In lakhs, except EPS) Quarter Quarter Quarter Nine Months Nine Months Year ended ended ended ended ended ended 31.12.2019 30.09.2019 3
Slide 14: Statutory Results
Statutory Results Statement of Unaudited Standalone IND AS Financial Results for the quarter ended December 31, 2019 Notes: 1. The unaudited standalone financial results of the Company for the quarter and nine month ended December 31, 2019 have been reviewed by the Audit Committee and approved by th
Slide 15: Contact information
Contact information This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Radico Khaitan’s future business developments and economic perfo
Slide 16: Radico Khaitan Limited
Radico Khaitan Limited (CIN: L26941UP1983PLC027278) J-I, Block B-I, Mohan Co-operative Industrial Area, Mathura Road, New Delhi-110044 Ph.: +91-11-4097 5400/5500 Fax: +91-11-4167 8841/42 www.radicokhaitan.com