Bata India Ltd · NSE:BATAINDIA
Bata India — Q3 FY24 Earnings Presentation
19 slides from Bata India's earnings presentation, Feb 6, 2024
Slide 1: Post Earnings Call Presentation cover letter to exchanges
February 6, 2024 The Manager The Manager The Secretary Corporate Relationship Department Listing Department The Calcutta Stock Exchange BSE Limited National Stock Exchange of India Limited Limited 1st Floor, New Trading Wing, Exchange Plaza, 5th Floor, 7, Lyons Range, Rotunda Building, Plot No. C-1,
Slide 2: Q3 FY24 Investors Presentation
Q3 FY24 Investors Presentation Bata India Limited 6th February 2024
Slide 3: Disclaimer
DISCLAIMER This presentation may contain statements which reflect Management’s current views and estimates and could be construed as forward-looking statements. The future involves risks and uncertainties that could cause actual results to differ materially from the current views being expressed. Po
Slide 4: Agenda
1. Business Overview Agenda 2. Business Highlights 3. Financials
Slide 5: Strategic Thrust Levers for 2023-24
Strategic Thrust Levers for 2023-24 1 Drive Portfolio Evolution • Sneaker studios addition • Floatz continues to grow Q-o-Q • Comfort brands continue to grow Q-o-Q • Freshness at highest levels ~34% 7 Talent, Process, Technology • ERP on track • HPM Go Live 1. Drive 2 Portfolio Retail Excellence - A
Slide 6: 2. Business Highlights
1. Business Overview Agenda 2. Business Highlights 3. Financials
Slide 7: Continuing expansion through COCO & Franchise stores
Continuing expansion through COCO & Franchise stores Doors 2100 1781 1835 1900 1680 1701 1736 1900 1700 1700 476 509 1500 1500 392 419 448 1300 1300 1100 1100 900 1288 1282 1288 1305 1326 900 700 700 500 500 Dec'22 Mar'23 Jun'23 Sep'23 Dec'23 COCO Franchise Total COCO FRANCHISE 6
Slide 8: Future Ready Initiatives
Future Ready Initiatives FLOATZ KIOSK – 10 DOORS NEW CONCEPT HP STORE 1ST HP KIOSK Nine West launching soon… 7
Slide 9: Expanded Reach to 1518 Towns; Distributor WD @45.3%
Expanded Reach to 1518 Towns; Distributor WD @45.3% Towns Coverage - I&D Weighted Distribution % KRO Count 1218 1518 45.3% 44.7% 984 1372 1396 1398 44.0% 43.5% 43.0% 700 684 1152 225 Dec'22 Mar'23 Jun'23 Sep'23 Dec'23 Dec'22 Mar'23 Jun'23 Sep'23 Dec'23 2021 2022 Jun'23 Sep'23 Dec'23 • Growth in Scho
Slide 10: Digital continues to reach customers through its diverse presence
Digital continues to reach customers through its diverse presence eCommerce OMNI Digital Sales Contribution % (Marketplaces + Bata.com) (Home Delivery) • Leading footwear brand across all • One of the largest omni network in marketplaces: Amazon, Flipkart, Myntra, 6% India, covering 1600+ Bata store
Slide 11: Pivoting the Brand on style, modernity and youthfulness
Pivoting the Brand on style, modernity and youthfulness Building Style & Fashion forward Imagery through Influencers, Media Revamp & store innovations Revamped approach with Enhanced Impact with influencers as Campaign face presence in big TV properties Unique Product display at Trending Influencer
Slide 12: Premium Brands driving the growth
Premium Brands driving the growth Red Label Hush Puppies +387% vs LY +7% vs LY Comfit Floatz +22% vs LY +65% vs LY Q-O-Q 11
Slide 13: Activating the technology lever for business transformation
Activating the technology lever for business transformation Technology Landscape High-performance Next- Smart tech Finance DMS MFG tech architecture gen goals (MSD) (MSD) (MSD) Tech • Best-in-class technology • Datafication led excellence Business Analytics partners Tableau / Power BI • Best-in-clas
Slide 14: Awards & Accolades - 2023
Awards & Accolades - 2023 Accolades for CSR achievements: Best Org. for Women 2023: • Best CSR Model • Economic Times and Assocham • Best COVID Response • Certificate of Excellence for DEI: Retail • Recognition – Innovative Project Association of India • First organization to receive BIS license for
Slide 15: 3. Financials
1. Business Overview Agenda 2. Business Highlights 3. Financials
Slide 16: Positive sales growth despite subdued demand, enhanced gross margin
Positive sales growth despite subdued demand, enhanced gross margin through operational efficiencies Sales (INR Mn) Gross Margin +119 0.4% bps 9035 9002 56% 54.8% Q3'23 Q3'24 Q3'23 Q3'24 15
Slide 17: Investment in IT & Marketing for future readiness
Investment in IT & Marketing for future readiness INR Mn IT Cost Marketing Cost 127% 43% 347 207 242 91 Q3'23 Q3'24 Q3'23 Q3'24 16
Slide 18: Profit & Loss Statement (standalone)
Profit & Loss Statement (standalone) INR Mn Q3-FY24 Q3-FY23 Growth 9M-FY24 9M-FY23 Growth Revenue from Operations 9,035 9,002 0.4% 26,807 26,730 0.3% Other Income 108 76 395 247 Total Income 9,143 9,078 0.7% 27,202 26,977 0.8% Gross Profit 5,056 4,931 2.5% 15,052 14,832 1.5% 56.0% 54.8% 56.2% 55.5%
Slide 19: Thank You
THANK YOU BATA INDIA LIMITED (CIN: L19201WB1931PLC007261) Corporate Office: Bata House, 418/02, M. G. Road, Sector – 17, Gurugram – 122002, Haryana Telephone: (0124) 3990100 |Fax: (0124) 3990116/118 | E-mail: in-customer.service@bata.com Registered Office: 27B, Camac Street, 1st Floor, Kolkata – 700