V2 Retail Limited · NSE:V2RETAIL
V2 Retail — Q2 FY2020 Earnings Presentation
22 slides from V2 Retail's earnings presentation, Oct 26, 2019
Slide 1: V2 Retail Limited
V2 Retail Limited Date: October 26, 2019 To Limited 25"' floor,"PhirozeJeejeebhoy Tower Exchange Plaza, Plot No. C/I. G Block. Dalai Street, Narimal Point, Mumbai-40000 1 BandraKurla Complex, Bandra(East) BSE Code-532867 LMumbai-40005 1, NSE Code- V2RETAll. Sub: Pursuant to Regulation 30 of SEBI (Li
Slide 2: Q2 FY20 Result Update
Q2 FY20 Result Update October 2019 1
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by V2 Retail Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, an
Slide 4: Q2 FY20 Highlights
Q2 FY20 Highlights Vale + Vavicky A COMPLETE FAMILY FASHION STORE @ MENSWEAR = @ LADIES WEAR) = @ KIDS WEAR.
Slide 5: Highlights Q2 FY20
Highlights Q2 FY20 REVENUE ₹ 1,507 Mn in Q2 FY20 as compared to ₹ 1,557 Mn in Q2 FY19. EBIDTA GROSS PROFIT EBIDTA for Q2 FY20 stood at ₹ 418 Mn in Q2 FY20 as compared to ₹116 Mn. EBIDTA for Q2FY19 ₹ 463 Mn in Q2 FY19. Gross margin stood at ₹ (79) Mn. stood at 27.7% for Q2 FY20. ₹ PBT ₹ PAT PBT for Q
Slide 6: Highlights Q2 FY20
Highlights Q2 FY20 Number of stores at 75 in Q2 FY20 (addition 1, close 3) Same Store Sales growth (2.6) % in Q2 FY20. Revenue at ₹ 1,507 mn. ASP for Q2 FY20 was ₹ 238. Average Bill Value for Q2 FY20 was ₹ 673 Sales per Square feet (per month) is ₹ 579 5
Slide 7: Highlights H1 FY20
Highlights H1 FY20 Number of stores - 75 in H1 FY20 (addition 2, close 4). Total Retail area in excess of 8.40 lakh sq.ft. Same Store Sales growth (5.6%) compared to H1 FY19. ASP for H1FY20 was ₹ 251 Revenue growth of 3 % to ₹ 3,530 Mn Gross Profit at ₹ 1,009 Mn Sales per Square feet (per month) is
Slide 8: Financial Highlights
Financial Highlights Revenue (₹ Million) Gross Profit (₹ Million) and Gross Profit Margins EBIDTA (₹ Million) and EBIDTA Margins Profit After Tax (₹ Million) IND AS 116 became applicable effective annual reporting period beginning April 1, 2019. The Company has adopted the standard, using the modifi
Slide 9: Profit & Loss
Profit & Loss Particulars (₹ million) Q2 FY20 Q1 FY20 Q2 FY19 H1 FY20 H1 FY19 FY2019 Revenue from Operations 1,507 2,023 1,557 3,530 3,434 7,484 Total Income 1,509 2,025 1,608 3,534 3,494 7,583 Gross Profit 418 591 463 1,009 1,093 2,421 GP Margin (%) 28% 29% 30% 29% 32% 32% EBIDTA 116 276 -79 392 12
Slide 10: Profit & Loss - Reconciliation
Profit & Loss - Reconciliation To the extend the performance of the current period is not comparable with previous period results, the reconciliation of above effect on statement of the profit and loss for the quarter and six months ended September 30, 2019 are as under: ₹ million Q2 FY20 H1 FY20 Ch
Slide 11: Balance Sheet
Balance Sheet Particulars (₹ in Mn) H1FY2020 FY2019 Particulars (₹ in Mn) H1FY2020 FY2019 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Property, plant and equipment 945 977 Equity share capital 341 341 Capital work-in-progress 6 - Other equity 2,371 2,613 Right to use Assets 2,616 - Total
Slide 12: Store Presence
Store Presence Jammu & Kashmir (2) Uttarakhand (4) Arunachal (1) Kathua; Jammu Haldwani; Roorkee; Haridwar, Khatima Itanagar Himachal (1) Uttar Pradesh (13) Solan Gorakhpur 1; Gorakhpur 2; Assam (6) & Tripura (1) Azamgarh; Jaunpur; Sitapur; Guwahati 1; Guwahati NCR (3) Varanasi; Padrauna; Gazipur; 2
Slide 13: Our Brands
Our Brands Banka, Bihar JEYPORE, ORISSA 12
Slide 14: Promotions – Campaigns Q2 FY20
Promotions – Campaigns Q2 FY20 Sr. No Campaign Launch 1 End of Season Sale Jul-19 2 Ganesh Chaturthi Sep-19 3 Durga Puja Sep-19 13
Slide 15: Promotions – Campaigns Q2 FY20
Promotions – Campaigns Q2 FY20 14
Slide 16: Promotions – Campaigns Q2 FY20
Promotions – Campaigns Q2 FY20 15
Slide 17: Key Financial Indicators
Key Financial Indicators
Slide 18: Financial Highlights – Profit & Loss Account
Financial Highlights – Profit & Loss Account ₹ in Million Particulars FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 CAGR Revenue from Operations 2,289 2,868 3,199 4,720 5,594 7,484 27% Growth (%) 114% 25% 11% 47% 19% 34% Gross Profit 567 814 956 1,388 1,804 2,421 34% GP Margin (%) 25% 28% 30% 29% 32% 32
Slide 19: Financial Highlights – Balance Sheet
Financial Highlights – Balance Sheet Particulars (₹ in Mn) FY2019 FY2018 Particulars (₹ in Mn) FY2019 FY2018 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Property, plant and equipment 977 624 Equity share capital 341 339 Capital work-in-progress - 7 Other equity 2,613 2,400 Other intangib
Slide 20: Robust Financial Performance
Robust Financial Performance Revenue (₹ Million) EBIDTA (₹ Million) and EBIDTA Margins PBT (₹ Million) and PBT Margins PAT (₹ Million) and PAT Margins 19
Slide 21: Key Operating Metrics
Key Operating Metrics No. of Stores and Retail Space (lakh sq.ft.) Inventory Holding Days Sales per Sq. Ft. (₹ Per Month) Rent per Sq. Ft. (₹ Per Month) 20
Slide 22: Thank You
Thank You For further information please contact: Investor Relation Advisors: Company: Dr. Rahul Porwal Mr. Umesh Kumar Marathon Capital Advisory Private Limited (Company Secretary & Compliance Officer) Tel : +91-22-40030610 V2 Retail Limited Email : rahul@marathoncapital.in Tel : +91-11-41771850 Em