Rattanindia Enterprises Limited · NSE:RTNINDIA
Rattanindia Enterprises — Q2 FY2024 Earnings Presentation
62 slides from Rattanindia Enterprises's earnings presentation, Nov 9, 2023
Slide 1: Cover letter to stock exchanges
November 09, 2023 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex Dalal Street, Bandra (East), Mumbai – 400 001 Mumbai-400 051 Scrip Code- 534597 RTNINDIA Sub: Investors Presentation Dear Sirs/Madam, Please find attached herewith a
Slide 2: Investor Presentation
Investor Presentation November 9, 2023
Slide 3: Disclaimer
This document contains certain forward-looking statements based on current expectations of RattanIndia Enterprises (REL) management. Actual results may vary significantly from the forward-looking statements in this document due to various risks and uncertainties. These risks and uncertainties includ
Slide 4: Key Quarterly Highlights
Key Quarterly Highlights ❖ H1 FY24 Revenue is Rs. 3,090 Cr vs. H1 FY23 of Rs. 1,872 Cr (Increase of 65%), PAT for H1FY24 is Rs. 319 Cr ❖ Q2 FY24 Revenue is Rs. 1,618 Cr vs. Q2 FY23 of Rs. 1,281 Cr, PAT for Q2FY24 is Rs. 141 Cr ❖ India’s no. 1 electric motorcycle company for 6 years ❖ Achieved Q2 FY2
Slide 5: Digital ecosystems will be key drivers in India's aspirations to be $5 trillion economy
Digital ecosystems will be key drivers in India’s aspirations to be $5 trillion economy Enablers of India’s digital economy 1.4 86% 2.2 1 $354 billion billion billion billion People onboarded on Estimated Smartphone Bank Accounts Aspiring Indians Estimated fintech Aadhaar stack Penetration market op
Slide 6: Our business interests
Our business interests Invested in the future E-commerce Electric Vehicles Drones Fintech 100% subsidiary 100% shareholding 100% subsidiary 100% subsidiary 1 Matternet2 Residual equity holding - RattanIndia Power 19.81% shareholding Note: 1. NeoSky holds 60% stake in TAS 2. Strategic investment appr
Slide 7: Our governance
Our governance Statutorily Governance audited by committees Guided by Robust 50% of Board headed by qualified and Walker regulatory is independent Independent competent Chandiok & Co compliance Directors Advisory Board LLP (GT) Audit, Nomination and Renumeration, Corporate Social Responsibility (CSR
Slide 8: Our philosophy on business
Our philosophy on business ⚫ New Age businesses ⚫ ESG compliant ⚫ Direct to consumer engagement ⚫ Staying away from debt-heavy businesses ⚫ Low capex ⚫ Clean tech focus ⚫ Rapid scalability ⚫ Aiming to be amongst the leaders REL is a family of strategic growth platforms 7
Slide 9: Advisory Board of eminent professionals
Advisory Board of eminent professionals Mr. Arun Mr. Yashish Mr. Ranu Mr. Jan Mrs. Anjali Rattan Mr. Rajiv Duggal Dahiya Vohra Preiss Nashier Rattan Chairman of ICRA Co-founder and Group Co-founder and Co-founder and CEO of Co-founder & Business Co-founder & Chairman, (A Subsidiary of Moody's CEO of
Slide 10: A highly experienced management team
A highly experienced management team Mr. Vijay Nehra Mr. Ashok Kumar Sharma Mr. Rajesh Arora Mr. Davinder Dogra Chief Operating Officer Chief Financial Officer Company Secretary Deputy Chief Financial Officer • A seasoned professional with 26 • Rich experience of more than 30 • A qualified Company S
Slide 11: Businesses of the future
Businesses of the future Smarter take on opportunities 10 10
Slide 12: E-commerce
E-commerce i us: =H 5 a: 5 3 i-4
Slide 13: Universe of possibilities: E-commerce platform
Universe of possibilities: E-commerce platform Partnering Helping vendors in MSME’s go their growth online Seller on Other online Amazon.in marketplaces Private Licensing of Brands brands Capitalizing on full potential of e-commerce universe through multi-faceted foray Drivers of growth: a) Robust I
Slide 14: Opportunity of a lifetime
Opportunity of a lifetime 20% 600 16% 500 250 220 500 15% 200 400 300 150 120 10% 7% 200 200 100 5% 100 50 0% 0 0 2022 2028 2023 2030 2018 2025 E-Commerce Market Penetration E-Commerce User Base (In millions) Online Shoppers (In millions) 276 100% 1400 1236 300 86% 1200 250 80% 66% 1000 200 60% 760
Slide 15: Cocoblu
You've got the recipe, Cocoblu has the ingredients. cocoblu
Slide 16: Key Operational Metrics – Experiencing Strong Growth
Key Operational Metrics – Experiencing Strong Growth ❖ Achieved Q2 FY24 Revenue of Rs. 1395 Cr vs Q2 FY23 Revenue of Rs. 1178 Cr 6 5 ❖ Achieved H1 FY24 Revenue Rs. 2,607 Cr vs H1 FY23 Revenue of Rs. 1,869 Cr 5 4 3.4 ❖ Increase of 40% in Revenue over H1 FY23 3 ❖ Achieved average daily sales run rate
Slide 17: Partner Brands
Partner Brands and many more…… 16
Slide 18: Led by expert retail professionals
Led by expert retail professionals Housed in 26,000 sq. ft. office space in Bangalore 245+Team members Mr. Mouli With 950+ years of experience in retail Mr. Soumik Bhusan, Venkataraman, CEO With deep expertise in scaling up brands in CFO e-commerce ⚫ Alumnus of prestigious IIT Madras and ⚫ Alumnus o
Slide 19: New Brands, New Beginnings
New Brands, New Beginnings 18
Slide 20: House of Digital First Brands
House of Digital First Brands Active Wear Denim Wear Biking Lifestyle Inspired Official Merchandise Casual Clothing 19
Slide 21: House of Digital First Brands
House of Digital First Brands 20
Slide 22: About Our Brands - INKD
About Our Brands - INKD ❖ Achieved the status of an “Amazon Top Brand” within a short span of time ❖ Lifestyle denim- wear brand with ~90 style colors ❖ For Men and Women ❖ Range of denim bottoms with a wide range of fits, denim jackets & shirts ❖ Priced between INR 599 to 999 ❖ Available exclusi
Slide 23: About Our Brands - Fyltr
About Our Brands - Fyltr ❖ Achieved the status of an “Amazon Top Brand” within a short span of time ❖ A casual brand offering a wide range of options in solid colours ❖ A range of T-shirts, Shirts, Tops, Shorts, Khakis and more for both men and women with more than 220 style colors ❖ Colours and fi
Slide 24: Fyltr – New Winter Collection Launched
Fyltr – New Winter Collection Launched 23
Slide 25: Fyltr – New Winter Collection Launched
Fyltr – New Winter Collection Launched 24
Slide 26: About Our Brands – Pump'd
About Our Brands – Pump’d ❖ Achieved the status of an “Amazon Top Brand” within a short span of time ❖ Active wear brand with over 150 style colors ❖ Tank tops, workout t-shirts, leggings, track pants, capris and more for men and women ❖ Made with new age fabrics that are both soft & lightweight ❖ P
Slide 27: Official Revolt Merchandise
Official Revolt Merchandise Licensing – Range of Biking Lifestyle Inspired t-shirts 26
Slide 28: Neobrands : New brands, new beginnings
Neobrands : New brands, new beginnings 27
Slide 29: India's no. 1 electric motorcycle company for 6 years
India’s no. 1 electric motorcycle company for 6 years
Slide 30: Special Limited Edition Stealth Black launched on 6th anniversary
Special Limited Edition Stealth Black launched on 6th anniversary 29
Slide 31: Cricket World Cup Edition, latest launch
Cricket World Cup Edition, latest launch 30
Slide 32: Revolt Ad on Disney + Hotstar – Cricket World Cup 2023
Revolt Ad on Disney + Hotstar – Cricket World Cup 2023 amazon. Click Here in/fyltr 31
Slide 33: Industry Dynamics
Industry Dynamics India’s EV penetration EV sales in India recorded Y-o-Y 93% growth in FY2023 to reach 8.3 lakhs unit 2-wheelers 4-wheelers ⚫ Domestic Market for 2Ws is huge, and expected to double by 2030E; 70% of 80% all 2Ws sold are Motorcycles ⚫ EV Penetration is expected to reach 80% by FY’30E
Slide 34: Hugely favorable Total cost of ownership
Hugely favorable Total cost of ownership Make & Model Comparable Petrol Bike Revolt RV400 On Road Price Rs. 1,00,217 Rs. 1,56,398 Range (Per litre & per full charge) 50 150 Fuel Cost(Per litre petrol and per unit power) Rs. 105 Rs. 32.4 Per km Fuel Cost 2.1 0.22 Range covered in 5 years (in kms) - A
Slide 35: Further bolstered by favourable govt. policies
Further bolstered by favourable govt. policies State and central govt. subsidies on EVs to churn sales volumes FAME State Govt subsidies Volumes leading to cost advantages ▪ Central Govt Subsidy directly to OEM ▪ Key incentive mechanisms include upfront ▪ Central and state govt. subsidies allow for
Slide 36: RV 400, India's most advanced AI enabled, nextgen electric motorcycle
RV 400, India’s most advanced AI enabled, nextgen electric motorcycle Key technical features Mobile touch-based operations: Start, Stop, Historical ride data – past rides, Centre of Gravity & Weight Locate, Lock, Unlock, Hazard Geofencing alerts kilometres, routes, battery High strength cradle frame
Slide 37: Aggressive growth in dealerships
Aggressive growth in dealerships HQ and Factory : Manesar, Haryana ❖ Increased the dealer stores from 58 to 92, signed up another 61 dealerships which are in the process of being activated – A total of Faridabad 153 stores Delhi Noida ❖ Reach increased by 17 cities Jaipur Lucknow Patna Guwahati Agra
Slide 38: The Revolt Advantage
The Revolt Advantage Customizable riding Eco-friendly Cost-effective Low maintenance Regenerative braking modes AI enabled data No special charging Achieved 100% Highly responsive Strong brand recall analytics infra required localization customer service With presence in 64 cities, Revolt now offers
Slide 39: Revolt official merchandise launched
Revolt official merchandise launched Official merchandise Biking lifestyle inspired Tees made with premium Range of casual tees tees in 14 style options fabrics, versatile enough to double up as casual wear Revolt (merchandise), brand store @ www.amazon.in/revolt 38
Slide 40: Strong Management Pedigree
Strong Management Pedigree Mr. Sandeep Roperia Mr. Manav Mehra Mr. Ajay Dhiman Mr. Kuldeep Mathur Business Head Head Sales Head Operations Head Production Mr. Sandeep Roperia has gained valuable Mr. Manav is an accomplished executive Mr. Ajay leads all Operations at Revolt Mr. Kuldeep, comes with to
Slide 41: Sky-High Opportunity
hK> vy NEOSKY. Sky-High Opportunity
Slide 42: Drones: Sunrise Industry
Drones: Sunrise Industry Global Hub: Market Size : Govt. aims to create India a Drone market is projected to be global hub by 2030 for not only Rs. 1,66,500 by FY2028. drone manufacturing, but also drone service sector. 1,80,000 1,66,500 1,60,000 1,40,000 1,20,000 Rs. Crores 1,00,000 Preference: 80,
Slide 43: NeoSky aims to be a full-line drone player
NeoSky aims to be a full-line drone player Purpose Consumer drones A Drone in every Indian house. Enterprise drones Enhance productivity & safety. Defence drones Serving the nation, saving precious lives. Drone Pilot Training Upskill the Indian youth Drone Tech and Data driven, Customised solutions
Slide 44: Received DGCA-Type Certification
Received DGCA-Type Certification ❖ DOPO received DGCA approval for Type Certification (TC). ❖ TAS is India’s first company to receive DGCA approval for drones, before Drone rules 2021 came into effect ❖ DOPO’s TC is a strong certification of the quality & Performance of our drones ❖ DOPO supports Su
Slide 45: Launched L07 Cargo drone for low altitude
Launched L07 Cargo drone for low altitude ❖ Cargo payload: 7kg (Max up to 10kg) ❖ MTOW (Max Take off weight): 35 kgs ❖ Endurance: Up to 30 minutes ❖ Maximum Launch altitude (MSL): 2000 meters above MSL ❖ Communication range: 5 kilometres ❖ Wind resistance: 43.2 Kms / hr (12 meters / second) ❖ IP52 r
Slide 46: NeoSky signs MOU with IIA for Drone training
NeoSky signs MOU with IIA for Drone training ❖ IIA (International institute of Aviation) is an expert on aviation training ❖ IIA will offer Drone pilot training to their students, along with other courses like BBA (Aviation), MBA(Aviation), Airhostess training etc. ❖ NeoSky will conduct training for
Slide 47: Our team in action
Our team in action Drone Shakti event, Ghaziabad. DOPO in action, Power plant inspection 46
Slide 48: Product Portfolio
Product Portfolio TACT DOPO L07, L10, L15, L20 Defender ❖ Surveillance, Disaster ❖ DGCA-Type Certified. ❖Cargo delivery ❖Defense Drone management ❖ Survey, Mapping, Inspection, ❖Payload of up to 20 kgs ❖Anti-drone with a soft-kill ❖ Endurance of up to 60 Disaster management. ❖ Endurance up to 30 mi
Slide 49: India's premier, all-digital, one-stop financial solution provider
India’s premier, all-digital, one-stop financial solution provider
Slide 50: Fintech Market opportunity
Fintech Market opportunity ❖ Fintech industry is expected to grow at 42% CAGR from 2022 -28, crossing USD 400 350 billion 354.3 ❖ India’s Fintech industry has significant market potential due to low penetration 350 of financial services in remote areas, rise in digital adoption and government 300 2
Slide 51: Digital penetration in India
Digital penetration in India 1.40bn Population of India 845 mn Population of India on Digital 236 mn Population of India on Digital 25-54 yr. Population of India on Digital 78.5Mn 78.5 mn 25-54 yr. who have explored Digital Retail Lending Products online India uniquely poised to realize democratizat
Slide 52: Opportunity is ripe for digital first models
Opportunity is ripe for digital first models 2W loans (in INR Cr.) Personal Loan (in INR Cr.) Credit Card Issuances (in Lakhs) 23% 49,688 5,24,224 243% 47% 160 40,306 109 2,15,602 FY18 FY22 FY18 FY22 FY18 FY22 Home loans (in INR Cr.) Business loans (in INR Cr.) 7,35,842 1,73,104 34% 10% 5,48,899 1,5
Slide 53: Opportunity is ripe for digital first models
Opportunity is ripe for digital first models Consumer credit to grow at approximately 13% CAGR, NBFCs* & Fintechs^ to play role in increasing share of partially contributed by growth in Fintech formal credit across MSME segments Consumer credit - split by lender type ($B) MSME credit - split by lend
Slide 54: Wefin - One stop solution for every financial need
Wefin - One stop solution for every financial need • Access via App/ Website • Real-time Personalized Offers • Real time approval • Personal Loans • Two-wheeler loans • Business Loans and disbursal • Credit Cards • Insurance Sales and Marketplace for • Free Credit Score onboarded large anything on
Slide 55: Actualizing the opportunity
Actualizing the opportunity Strengths of Wefin’s business model ❖ 37+ relationships with banks, NBFCs and Fintech integrated with Wefin ❖ Wefin provides two-wheeler loans for 34 OEMs having 1,444 models • No Capital at risk ❖ Registered Customers : 4,23,250+ • Progress at the speed of a click ❖ Numb
Slide 56: Partners for Success
Partners for Success and many more…… 55
Slide 57: Residual equity in historical business
Residual equity in historical business 56
Slide 58: Best-in-class operations
Best-in-class operations Fully functional, Robust Amravati asset operational running metrics profitably Assured raw Current position material linkages in MOD stack offer insurance ensures high PLF against fluctuations 57
Slide 59: Strong Performance
Strong Performance ❖ The Company continues to demonstrate strong financial performance. ❖ Company clocked total income of Rs. 891 Cr in Q2 FY 24 Vs Rs. 722 Cr in Q2 FY 23 ❖ Amravati Plant remains amongst the best performing plants in Maharashtra having achieved 80% PLF and 84% Availability till June
Slide 60: Brief update on 1350 MW Sinnar, Nasik Power Plant
Brief update on 1350 MW Sinnar, Nasik Power Plant ❖ STPL is working closely with the Government, various departments and lenders to work out a potential resolution plan ❖ Accordingly, Sinnar Thermal Power Limited (STPL), a subsidiary of RPL, is in active discussions with all the stakeholders of the
Slide 61: Investor connect
Investor-relations@rattanindia.com Investor connect davinder.dogra@rattanindia.com 60
Slide 62: Thank You
Thank You
RattanIndia Enterprises — Q2 FY2024 Earnings Presentation on 6ix