Som Distilleries & Breweries Ltd. · NSE:SDBL
Som Distilleries & Breweries — H1 FY2023 Earnings Presentation
22 slides from Som Distilleries & Breweries's earnings presentation, Oct 21, 2022
Slide 1: Exchange filing cover letter: Investors Presentation
SOM DISTILLERIES AND BREWERIES LIMITED Registered Office: I-A, Zee Plaza, Arjun Nagar, Safdarjung Enclave, Kamal Cinema Road, New Delhi - 110029 Phone: +91-11-26169909, 26169712 Fax: +91-11-26195897 Corporate Office: SOM House, 23, Zone II, M.P. Nagar, Bhopal, Madhya Pradesh – 462011 Phone: +91-755-
Slide 2: Earnings Presentation H1 FY2023
SOM Distilleries & Breweries Limited (BSE: 507514, NSE: SDBL) Earnings Presentation H1 FY2023
Slide 3: Q2 FY2023 Earnings Conference Call
Q2 FY2023 Earnings Conference Call Conference Call Details: Friday, 21st October 2022 at 1:00 PM IST Diamond Pass Link Primary Number +91 22 6280 1106 / +91 22 7115 8007 The number listed above is universally accessible from all networks and all countries. USA: 1 323 386 8721 UK: 44 203 478 5524 Tol
Slide 4: Q2 FY2023 Performance
Q2 FY2023 Performance
Slide 5: The only listed Beer and IMFL company in India
SOM Distilleries: The only listed Beer and IMFL company in India Business Overview Beer Brands • SOM Distilleries & Breweries Limited (SDBL) is based in Bhopal and is one of the leading alcoholic beverages manufacturers in India • SDBL is primarily engaged in production of beer and blending and bott
Slide 6: Investment Case
Investment Case Millionaire • Only listed company in India having both Beer and IMFL, which complement each Brands other and reduces the risk of seasonality while providing marketing efficiencies • Strong portfolio of brands including millionaire brands, Hunter, Black Fort and Power Cool • Continuou
Slide 7: Q2 FY2023 Financial Highlights
Q2 FY2023 Financial Highlights Performance led growth impacting the topline Beer Sales Volume IMFL Volume Net Debt / EBITDA 28.7 Lakh Cases 1.7 Lakhs Cases 2.23x +111% 18% Total Income EBITDA PAT Rs. 1,479 mn Rs. 186 mn Rs. 82 mn +89% Margin: +12.6% Margin: +5.6% 6
Slide 8: Management Commentary
Management Commentary The performance of the Company during the first half of the year was very encouraging. We recorded beer volume growth of over 223% y-o-y, and IMFL growth of over 65% y-o-y. This has led to a topline growth of 213% y-o-y. Our industry is seasonal and is affected by monsoon and f
Slide 9: Performance Highlights
Performance Highlights Q2 Y-o-Y H1 Y-o-Y (Rs. Million) FY2023 FY2022 Growth (%) FY2023 FY2022 Growth (%) Total Income 1,479 783 89% 4,039 1,290 213.2% Gross Profit 608 358 70% 1,724 607 184.2% Margin (%) 41.1% 45.7% 42.7% 47.0% EBITDA 186 55 237.9% 545 11 nm Margin (%) 12.6% 7.0% 13.5% 0.8% Interest
Slide 10: H1 FY2023 Performance
H1 FY2023 Performance
Slide 11: H1 FY2023 Financial Highlights
H1 FY2023 Financial Highlights Volume growth leading to the company reaching new heights Beer Sales Volume IMFL Volume Total Volume 76 Lakh Cases 3.6 Lakhs Cases 79.6 Lakhs Cases +233% +65% +209% Total Income EBITDA PAT Rs. 4,039 mn Rs. 545 mn Rs. 339 mn +213.2% Margin: +13.5% Margin: +8.4% 10
Slide 12: Performance Discussion
Performance Discussion Operational efficiencies leading to better cost management • Recorded beer volume of 76.0 lakh cases (223% y-o-y) • Recorded IMFL volume of 3.6 lakh cases (65% y-o-o) Volume and Sales • Beer revenue of Rs. 3,736 million; over 236% of H1 FY22 • Our mainline brands; Hunter, Blac
Slide 13: Leverage Profile
Leverage Profile Sep 30 Jun 30 Mar 31 (Rs. Million) 2022 2022 2022 Secured Borrowings 1,219 1,226 1,393 • Gross Debt reduced by Rs. 43 million and Net Debt reduced by Rs. 91 million Unsecured Borrowings 540 576 580 • Significant improvement in leverage ratios Gross Debt-Consolidated 1,760 1,803 1,97
Slide 14: Operational Highlights
Operational Highlights
Slide 15: Volume Summary
Volume Summary Q2 Y-o-Y H1 Y-o-Y Lakh cases Growth Growth FY2023 FY2022 FY2023 FY2022 • The volumes were driven by strong growth (%) (%) across mainline brands Hunter 9.0 6.0 49% 29.0 11.0 163% • Power Cool recorded ~4x volume compared to same period last year driven by enhanced penetration in addit
Slide 16: Millionaire Beer Brands – Volume Recovery
Millionaire Beer Brands – Volume Recovery 20.0 8.9 9.0 6.0 4.8 Quantity Sold (in lakh cases) Q2 FY2022 Q3 FY2022 Q4 FY2022 Q1 FY2023 Q2 FY2023 7.2 4.1 3.2 3.4 2.7 Q2 FY2022 Q3 FY2022 Q4 FY2022 Q1 FY2023 Q2 FY2023 19.4 16.0 13.4 7.2 4.4 Q2 FY2022 Q3 FY2022 Q4 FY2022 Q1 FY2023 Q2 FY2023 15
Slide 17: Sustainability
Sustainability
Slide 18: Environment: Committed to minimizing environmental impact
Environment: Committed to minimizing environmental impact across the full range of our operations Clean Technology • Seeks to improve its environmental performance by adopting cleaner production methods, promotion of energy efficient and environmental friendly technologies • Suitable processes and s
Slide 19: Social: Actively contributing to the community
Social: Actively contributing to the social, economic and environmental development of the community in which we operates Product Quality • Providing the best quality products and services to its consumers. SOM provides high-quality product assurance by - o Maintaining international standards and sp
Slide 20: Governance: Profitability hand in hand with responsibility
Governance: With strong sense of values and commitment, we believe that profitability must go hand in hand with a responsibility Experienced and Skilled Board of Directors • Optimal blend of Executive and Non-Executive Directors with an appropriate balance of skills, experience, diversity and indepe
Slide 21: Awards and Recognitions
Awards and Recognitions Awarded Innovative CEO and Voted as ‘Asia’s Most Promising Best Product Debut and Best CSR excellence for smart Innovation by: Brand’ Award by: Spiritz Innovative 100 Winner of Monde Selection Quality Winner of AsiaStar Award SOM Distilleries & Breweries ESG Profile Link: htt
Slide 22: SOM Distilleries & Breweries Limited
SOM Distilleries & Breweries Limited (BSE: 507514, NSE: SDBL) (CIN: L74899DL1993PLC052787) Registered Office: Corporate Office: Zee Plaza, 1 - A SOM HOUSE Kamal Cinema Road 23, Zone II Arjun Nagar Maharana Pratap Nagar, Safdarjung Enclave Bhopal 462011 New Delhi 110029 Ph.: +91 755 427 8827 Nakul Se
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