Goldiam International Limited · NSE:GOLDIAM
Goldiam International — Q1 FY25 Earnings Presentation
28 slides from Goldiam International's earnings presentation, Aug 9, 2024
Slide 1: Intimation of Investor Presentation to BSE and NSE
August 9, 2024 To, To, BSE Limited National Stock Exchange of India Limited PhirozeJeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai- 400 001. Mumbai- 400 051. Scrip Code: 526729 Scrip Code: GOLDIAM EQ Dear Sir/Madam, Sub: Investor Presentation Pursuant to Regulation 30 o
Slide 2: Investor Presentation August 2024
Page - 1 INVESTOR PRESENTATION August 2024
Slide 3: Agenda
Page - 2 Q1 FY25 UPDATE COMPANY SNAPSHOT INVESTMENT RATIONALE FINANCIAL SNAPSHOT COMPANY STRUCTURE & BOD
Slide 4: Q1 FY25 Update
GOLDIAM GOLDIAM INTERNATIONAL LIMITED Q1 FY25 Update
Slide 5: Q1 FY25: Key Highlights (Consolidated)
Page - 4 Q1 FY25 : Key Highlights (Consolidated) In ₹ Mn Q1FY25 ANALYSIS REVENUES EBITDA & EBITDA MARGIN (%) PAT & PAT MARGIN (%) 1,697 19.6% 20.1% 14.3% 13.0% 1,212 40% 44% 27% 342 238 173 220 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25
Slide 6: B2B export Q1 FY25: Key Matrices
Page - 5 B2B export-Q1 FY25: Key Matrices Q1FY25 Value INSTORE ONLINE (%) Revenue • Goldiam has been transitioning from a Qty Value Qty Value Total Breakup pure natural diamond in-store LAB-GROWN 51% 58% 7% 10.4% 68.4% jewellery company to a major supplier of Lab Grown Diamond Jewellery, with NATURA
Slide 7: B2B export Q1FY25 Key Matrices
Page - 6 B2B export Q1FY25 Key Matrices Realisations (USD) Inventory Break up 858 709 Inventory at Factory 492 451 (WIP & Stock) 32% Inventory with Q1FY24 Q1FY25 Customers LGD Mined 68% • Realisations for LGD jewellery continue to be at a premium to Mined Diamond jewellery for the company due to Gol
Slide 8: Q1FY25: Key Performance Highlights (Consolidated)
Page - 7 Q1FY25: Key Performance Highlights (Consolidated) FINANCIAL UPDATES (CONSOLIDATED) • Revenues: Goldiam’s Q1 FY25 consolidated revenue at ₹ 1697 million increased by 40% Y-o-Y basis and 12% Q-o-Q basis. Goldiam’s superior Q1 performance is a result of its ability to increase its wallet share
Slide 9: India Retail LGD only Jewellery Brand to be called ORIGEM
Page 8 India Retail LGD only Jewellery Brand to be called ORIGEM India Retail Initiatives – Steps taken • Goldiam has renamed its India initiative of branded Lab Grown Diamond Jewellery Retail as ‘ORIGEM’ • The brand reflects the more modern, studded nature of the jewellery items Goldiam will be mar
Slide 10: Consolidated Profit & Loss Statement
Page - 9 Consolidated Profit & Loss Statement Q1FY25 Q1FY24 YoY % FY24 Total Income 1,697 1,211 40% 6,167 COGS 1,116 814 37% 4086 Gross Profit 581 398 46% 2082 Gross Margin % 34.2% 32.8% 141 bps 33.8% Employee Expenses 68 55 24% 257 Other Expenses 172 105 63% 543 EBITDA 342 238 44% 1282 EBITDA Margi
Slide 11: Consolidated Balance Sheet
Page - 10 Consolidated Balance Sheet Liabilities (In ₹ Mn) FY23 FY24 Asset (In ₹ Mn) FY23 FY24 Assets Equity Non-Current Assets Equity Share Capital 218 214 Property, Plant & Equipment 398 397 Other Equity 5,639 6,091 Capital Work in progress - Non Controlling Equity 65 50 Right to Use Lease Hold Pr
Slide 12: Company Snapshot
GOLDIAM GOLDIAM INTERNATIONAL LIMITED Company Snapshot
Slide 13: Goldiam International: Leading Exporter of Diamond Jewellery
Page - 12 Goldiam International: Leading Exporter of Diamond Jewellery OVERVIEW • Established in 1986, today we are a supplier to leading global retailers, departmental stores and wholesalers with a diversified product portfolio of • Natural diamond jewellery • Lab-grown diamonds (LGD) and jewellery
Slide 14: Our Journey - A Constant Architect of Value Addition
Page - 13 Our Journey - A Constant Architect of Value Addition IDEATE INNOVATE IMPLEMENT 1970 - 1990 1995 - 2015 2015-2018 2018-2024 • Goldiam International • Moving from commodity • Amongst the first jewellery • Further consolidation of started exports of cut and business of diamond exporting compa
Slide 15: Goldiam's Edge: Building Momentum with Strength
Page - 14 Goldiam’s Edge: Building Momentum with Strength Financial Strength Building Financial • Debt-Free Operations 1 Resilience • Cash and Cash Equivalents (including investments) over ₹ 3,332.4 mn (30 June 24) • Ability to secure or grow Raw Material at Competitive prices Operational Strengths
Slide 16: Investment Rationale
Page - 15 Investment Rationale
Slide 17: Play on Value Addition and Strong Financials
Page - 16 Play on Value Addition and Strong Financials 1. Expanding our Product Portfolio 3. Growth Orientation • Investing resources for new revenue streams • With the acquisition of Eco-Friendly by launching Branded India retail to Diamonds LLP (EDL), we are maximising the capitalise on the growth
Slide 18: Expanding our Product Portfolio: Our Product Offerings
Page - 17 Expanding our Product Portfolio: Our Product Offerings Mined Diamond Lab- Grown Diamond Jewellery Jewellery
Slide 19: Best-in-Class OEM for US Jewellery Retailers
Page - 18 Best-in-Class OEM for US Jewellery Retailers: Strengthening our Revenue Streams along with better RoE’s By keeping our philosophy of 3I’s (Ideate, Innovate and Implement) in mind, we are moving towards better margins, cost optimisation and omnichannel business models. Evolving our business
Slide 20: Distribution Policy: Creating Consistent Value for Stakeholders
Page - 19 Distribution Policy: Creating Consistent Value for Stakeholders Our Dividend Distribution Policy ensures sustainable and consistent returns to stakeholders. ~₹2bn distributed to shareholders via buyback and dividend over last 5 years (In ₹ Mn) • Committed to wealth-creation for all our sta
Slide 21: Strong Balance Sheet: A Balance of Efficiency, Effectiveness and Controls
Page - 20 Strong Balance Sheet: A Balance of Efficiency, Effectiveness and Controls DISTRIBUTION POLICY DEBT FREE COMPANY • Committed to wealth-creation • With our prudent and for all its stakeholders. conservative approach towards financial engineering, we have • Average payout (dividend + remained
Slide 22: Financial Snapshot
GOLDIAM GOLDIAM INTERNATIONAL LIMITED Financial Snapshot
Slide 23: Consolidated Financial Snapshot
Page - 22 Consolidated Financial Snapshot In ₹ Mn Revenue from Operations EBITDA & EBITDA Margin PAT & PAT Margin 21.7% 12.4% 16.2% 14.9% 15.4% 14.7% 6,877 11.9% 20.6% 22.5% 20.8% 6,144 1,547 1,060 5,531 852 909 4060 853 1,250 1282 670 3,645 453 434 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24
Slide 24: Consolidated Financial Snapshot
Page - 23 Consolidated Financial Snapshot In ₹ Mn Cash & Investments as a % of Equity Return on Equity (RoE)* 62.0% 64.6% 21.0% 49.3% 43.1% 43.4% 15.0% 15.2% 14.8% 11.2% FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 Leverage Analysis Working Capital Analysis 6,355 0.05 5,921 5,260 4,813 55 202 4
Slide 25: Company Structure & Board of Directors
Page - 24 Company Structure & Board of Directors
Slide 26: Our Group Structure
Page - 25 Our Group Structure Goldiam International Limited (Holding Company) Goldiam Jewellery Limited Goldiam USA Eco-Friendly Diamonds LLP Diagold Designs Limited SEEPZ Mumbai New York, USA SEEPZ Mumbai (Subsidiary Company) (Wholly Owned Subsidiary) (Wholly Owned Subsidiary) (88% Subsidiary) Manu
Slide 27: Our Board of Directors
Page - 26 Our Board of Directors Name of the Designation Description Director Executive Mr Rashesh Bhansali has over 28 years of rich and exhaustive experience in the field of diamonds & Rashesh Bhansali Chairman jewellery. Mr Anmol Bhansali has completed Bachelors of Science in Business Administrat
Slide 28: Thank You!
Page - 27 Company Secretary Mehul Mehta Pankaj Parkhiya Director Email: Dissero_Clients@dissero.co.in Email: investorrelations@goldiam.com Contact Details: +91 98202 80325 Contact Details: 022 28291893 Thank You!
Goldiam International — Q1 FY25 Earnings Presentation on 6ix