Slide 1: Q4 & Full Year FY2017 Earnings Presentation
To go to the depth of the consumer's heart and be his friend forever Q4 & Full Year FY2017 Earnings Presentation May 23, 2017
Slide 2: Important Notice
Important Notice 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 performa
Slide 3: Performance Highlights
Performance Highlights 12M FY2017 vs. 12M FY2016 Q4 FY2017 vs. Q4 FY2016 o Net Sales of Rs. 1,679.9 Crore o Net Sales of Rs. 393.0 Crore o Prestige & Above brands volume growth at 7.9% o Prestige & Above brands volume growth at 8.2% o Prestige & Above brands contribution to the total o Prestige & Ab
Slide 4: FY2017 Performance Highlights
FY2017 Performance Highlights Robust Prestige & Above segment volumes; Sustained top line and improved profitability +0.4% +7.9% +1.7% +13.3% 181.93 182.60 44.02 47.49 1,651.8 1,679.9 186.1 210.8 FY2016 FY2017 FY2016 FY2017 FY2016 FY2017 FY2016 FY2017 Total IMFL Volume Prestige & Above Net Sales EBI
Slide 5: FY2017 Performance Highlights
FY2017 Performance Highlights Reduced leverage and improved capital structure ratios Net debt reduction Leverage ratio improvement Total Equity strengthened Net Debt/Equity improvement 162.0 1.36 x +6.9 % 0.22 x (Rs. Cr.) 947.0 785.0 5.09 3.72 963.1 1,029.9 0.98 0.76 Mar-16 Mar-17 Mar-16 Mar-17 Mar-
Slide 6: Management Perspectives
Management Perspectives Commenting on the results and performance, Dr. Lalit Khaitan, Chairman & Managing Director said: “FY2017 was a difficult year marked by a number of industry related challenges and uncertainties. I am pleased to report an encouraging financial performance despite the current v
Slide 7: Financial Overview
Financial Overview Q4 and Full Year FY2017 Financial Performance (Ind AS) Q4 y-o-y Full Year y-o-y (Rs. Crore) FY2017 FY2016 Growth (%) FY2017 FY2016 Growth (%) Gross Sales 1,209.8 1,011.2 19.6% 4,868.0 4,271.1 14.0% Net Sales 393.0 407.2 (3.5)% 1,679.9 1,651.8 1.7% EBITDA 46.9 34.0 38.0% 210.8 186.
Slide 8: Operational Performance
Operational Performance Overall volumes maintained despite ongoing industry volatility Regular & Other category most impacted by recent regulatory changes However, continued increase in the share of Prestige & Above category volumes Prestige & Above as 22.0% +1.7% 23.7% 24.2% +1.8% 26.0% % of Total
Slide 9: Performance Discussion
Performance Discussion FY2017 Highlights (Y-o-Y) Net Sales: Net Sales during FY2017 increased by 1.7% compared to FY2016. Total IMFL volumes increased by 0.4% compared to the last year primarily driven by robust performance of the Prestige & Above category brands which grew by 7.9% y-o-y. As a perce
Slide 10: Company Overview
Company Overview Radico Khaitan is one of the leading players in the premium spirits segment Radico Khaitan Overview Market Leading Premium Brands o One of the largest players in the Indian spirits o Launched in 2005, Magic Moments is the market industry leader in India in the premium vodka category
Slide 11: New Product Launch – Rampur Indian Single Malt
New Product Launch – Rampur Indian Single Malt A salute to the royal heritage • Takes forward the rich heritage of Rampur, a princely state of British India and the 75 years of distillation expertise of Radico Khaitan, the pioneers of legendary spirits in India • Aged in the foothills of the Himalay
Slide 12: New Product Launch – Rampur Indian Single Malt
New Product Launch – Rampur Indian Single Malt A leap into the journey of creating super premium products and brands Tasting Notes • Aroma: Rich fruity top note, toffee in the background, floral, honey, dried fruits and hint of spice • Appearance: Golden amber • Palate: All round balanced taste with
Slide 13: New Product Launch – Pluton Bay Premium Rum
New Product Launch – Pluton Bay Premium Rum Rare Exotic Rum. The Spirit of Adventure • Product: A unique experience, with a perfect blend of international design and world-class packaging. Rare and smooth taste, offering a premium blend • Packaging: A key differentiator from the existing competition
Slide 14: New Product Launch – Regal Talons Semi Premium Whisky
New Product Launch – Regal Talons Semi Premium Whisky Rare generation whisky Brand Positioning • The finest blend that combines Indian grain spirits with imported aged scotch malts to deliver an exceptional smoothness • Regal Talons has been especially made for those who believe in conquering and al
Slide 15: New Product Launch – Magic Moment ELECTRA
New Product Launch – Magic Moment ELECTRA A premium ready-to-drink (RTD) product • ELECTRA has been positioned to capture the significant market opportunity in the RTD segment • Launched in three unique flavours after extensive research: o Cosmopolitan: Cranberry Base with the hint of lime o Appleti
Slide 16: New Product Launch – Magic Moment ELECTRA
New Product Launch – Magic Moment ELECTRA Premium Chocolate & Coffee Flavour – marketing campaign Starry Night Martini Premium Chocolate & Coffee Flavour If you are ready to play, then the blend is energy and sin. That’s what coffee and chocolate brings to the new flavour of ELECTRA which is set to
Slide 17: Statutory Results
Statutory Results Fourth Quarter and Full Year Ended Results for Fiscal Year 2017 Rs. In lakhs Sl. No. Particulars (1) (2) (3) (4) (5) Sl. No. Particulars (1) (2) (3) (4) (5) Quarter Quarter Quarter Year Year Quarter Quarter Quarter Year Year ended ended ended ended ended ended ended ended ended end
Slide 18: Statutory Results
Statutory Results Fourth Quarter and Full Year Ended Results for Fiscal Year 2017 Rs. In lakhs Particulars As at 31.03.2017 As at 31.03.2016 Particulars As at 31.03.2017 As at 31.03.2016 A ASSETS (Audited) (Audited) B EQUITY AND LIABILITIES 1 Non-current assets 1 Equity Property, plant and equipment
Slide 19: Statutory Results
Statutory Results Notes: 1 The above results were reviewed by the Audit Committee and were approved and taken on record by the Board of Directors in their meeting held on 23rd May 2017. 2 First time Ind-AS adoption – The Company has adopted Indian Accounting Standard (Ind-AS) from 1st April 2016, ac
Slide 20: Statutory Results
Statutory Results Notes: 5 Reconciliation of Equity as previously reported under previous Indian GAAP to Ind AS for the year ended March 31, 2016 is as under: (Rs. in Lakhs) Ended March Particulars 2016 Equity as per previous GAAP 90,446.86 Effect of measuring Financials Instruments at Fair value (1
Slide 21: Radico Khaitan Limited
Radico Khaitan Limited (CIN: L26941UP1983PLC027278) Plot No. J-I, Block B-I Mohan Co-operative Industrial Area Mathura Road, New Delhi-110 044 Ph.: +91-11-4097 5400/5500 Fax: +91-11-41678841/42 E-mail: info@radico.co.in www.radicokhaitan.com Dilip Kumar Banthiya banthiyadk@radico.co.in Chief Financi