Slide 1: V2 Retail Limited Q4 & FY22 Result Update
V2 Retail Limited Q4 & FY22 Result Update
Slide 2: Disclaimer
Disclaimer 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, and
Slide 3: Q4 & FY22 Highlights
Q4 & FY 22 Highlights We Value # Variety »
Slide 4: Performance Highlights – Q4 & FY22 - Consolidated
Performance Highlights – Q4 & FY22 - Consolidated EBIDTA ₹ 101 Mn in Q4 FY22 as compared to ₹ 109 Mn in Q4 FY21. EBIDTA for FY22 stood at ₹ 805 Mn as compared to ₹ 715 Mn in FY21 Gross Profit PBT ₹ 436 Mn in Q4 FY22 as ₹ (129) Mn in Q4 FY22 as compared to ₹ 425 Mn in Q4 compared to ₹ (128) Mn in FY2
Slide 5: Highlights – Q4 FY22
Highlights – Q4 FY22 Store Count & Retail Area 01 101 Stores at end of Q4 FY22 (Opened 5, Closed 1) Total Retail area ~10.59 lakh sq.ft. SSG 02 Same Store Sales Growth (19%) in Q4 FY22 ASP 03 Average Selling price in Q4 FY22 was ₹ 287 ABV 04 Average Bill value in Q4 FY22 was ₹ 802 PSF 05 Sales per s
Slide 6: Highlights – FY22
Highlights – FY22 Store Count & Retail Area 01 101 Stores at end of FY22 (Opened 10, Closed 4) Total Retail area ~10.59 lakh sq.ft. SSG 02 Same Store Sales Growth 7% in FY22 ASP 03 Average Selling price in FY22 was ₹ 289 ABV 04 Average Bill value in FY22 was ₹ 790 PSF 05 Sales per square feet per mo
Slide 7: Key Trends
Key Trends Demand tapered sharply post December 15th and till Mid 01 February 2022 due to restrictions imposed by various state governments in the wake of third wave of Covid-19. Business recovery was good March due to Holi. 02 We continue to remain focused and committed to the accelerated store exp
Slide 8: Consolidated Financial Highlights
Consolidated Financial Highlights Revenue (₹ Million) Gross Profit (₹ Million) & Gross Profit Margins EBIDTA (₹ Million) and EBIDTA Margins Profit After Tax (₹ Million) 8
Slide 9: Standalone Financial Highlights
Standalone Financial Highlights Revenue (₹ Million) Gross Profit (₹ Million) & Gross Profit Margins EBIDTA (₹ Million) and EBIDTA Margins Profit After Tax (₹ Million) 9
Slide 10: Profit & Loss - Consolidated
Profit & Loss - Consolidated Particulars (₹ million) Q4 FY22 Q4 FY21 Y-O-Y Q3 FY22 FY2022 FY2021 Y-O-Y Revenue from Operations 1,583 1,893 -16% 2,389 6,292 5,386 17% Other Income 37 84 11 159 230 Total Income 1,619 1,977 -18% 2,400 6,451 5,616 15% Gross Profit 436 425 3% 798 2,016 1,628 24% GP Margi
Slide 11: Profit & Loss - Standalone
Profit & Loss - Standalone Particulars (₹ million) Q4 FY22 Q4 FY21 Y-O-Y Q3 FY22 FY2022 FY2021 Y-O-Y Revenue from Operations 1,583 1,893 -16% 2,389 6,292 5,386 17% Other Income 34 84 10 156 222 Total Income 1,617 1,977 -18% 2,399 6,448 5,608 15% Gross Profit 401 418 -4% 763 1,886 1,583 19% GP Margin
Slide 12: Pre Ind AS 116 Profit & Loss (Consolidated)
Pre Ind AS 116 Profit & Loss (Consolidated) Particulars (₹ million) Q4 FY22 Q4 FY21 Y-O-Y Q3 FY22 FY2022 FY2021 Y-O-Y Revenue from Operations 1,583 1,893 -16% 2,274 6,292 5,386 17% Other Income 7 13 2 16 19 Total Income 1,589 1,907 2,276 6,308 5,405 Cost of M aterial Consumed 1,151 1,471 1,463 4,288
Slide 13: Pre Ind AS 116 Profit & Loss (Standalone)
Pre Ind AS 116 Profit & Loss (Standalone) Particulars (₹ million) Q4 FY22 Q4 FY21 Y-O-Y Q3 FY22 FY2022 FY2021 Y-O-Y Revenue from Operations 1,583 1,893 -16% 2,389 6,292 5,386 17% Other Income 5 13 2 14 19 Total Income 1,587 1,906 2,391 6,306 5,405 Cost of M aterial Consumed 1,181 1,475 1,626 4,407 3
Slide 14: Store Presence
Store Presence Jammu & Kashmir (1) Uttarakhand (5) Arunachal (1) Kathua Haldwani; Roorkee; Haridwar, Itanagar Khatima; Dehradun Himachal (1) Solan Assam (6) & Tripura (1) Guwahati 1; Guwahati 2; West Bengal (1) NCR (3) Guwahati 3; Silchar; Barpeta; Malda Mahipalpur; Faridabad; Jorhat; Agartala Kapas
Slide 15: Our Brands
Our Brands ci GODSPEED Honey Buaib FUN CUTE NAUGHTY H . HERRLICH
Slide 16: Promotion Campaigns
Promotion Campaigns SHOP NOW bed
Slide 17: Promotion Campaigns
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Slide 18: Promotion Campaigns
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Slide 19: Promotion Campaigns
Promotion Campaigns Value& 97 STORES Variety 17 STATES VALUE BHI 5000+smus VARIETY BHI Values Variety SHH INDIAN SALE SPECIAL OFFER Re a) -— sHoP FoR *1000 — AND GET SHOPPING FOR FREE | SHOP FOR *1000 -—— AND GET GIFT VOUCHER WORTH ——_> ad the sO) ion Festive Offer z suorpror=1500 — storror®2500 | s
Slide 20: Management
Management We Value & Vaviedy » ee
Slide 21: Board of Directors
Board of Directors Mr. Ram Chandra Agarwal, Ms. Uma Agarwal, Mr. Akash Agarwal, Ms. Rochelle Susanna Dsouza, Chairman & Managing Director Chairman & Managing Director Whole Time Director & CFO Nominee Director • Mr. Agarwal holds a bachelor’s • Mrs. Agarwal holds a bachelor’s • Mr. Akash Agarwal hol
Slide 22: Board of Directors
Board of Directors Mr. Harbir Singh Sidhu Dr. Arun Kumar Roopanwal Mr. Lalit Kumar Mrs. Archana S Yadav Independent Director Independent Director Independent Director Independent Director • A Graduate (BA HONS) • He has over 35 Years of • He has over 30 Years of • A Chartered Accountant in from Camb
Slide 23: Key Financial Indicators - Historical
Key Financial Indicators - Historical
Slide 24: Standalone Profit & Loss
Standalone Profit & Loss Particulars (₹ in Mn) FY2018 FY2019 FY2020 FY2021 FY2022 Revenue from Operations 5,594 7,484 7,012 5,386 6,292 Other Income 33 99 222 222 156 Total Income 5,627 7,583 7,234 5,608 6,448 Growth (%) 19% 34% -6% -23% 17% Gross Profit 1,804 2,421 1,960 1,583 1,886 GP Margin (%) 3
Slide 25: Standalone Balance Sheet
Standalone Balance Sheet Particulars (₹ in Mn) FY 2022 FY 2021 Particulars (₹ in Mn) FY 2022 FY 2021 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Property, plant and equipment 916 971 Equity share capital 344 341 Capital Work in Progress - - Other equity 2,258 2,378 Right to use Assets 2,
Slide 26: Consolidated Profit & Loss
Consolidated Profit & Loss Particulars (₹ in Mn) FY2020 FY2021 FY2022 Revenue from Operations 7,012 5,386 6,292 Other Income 25 230 159 Total Income 7,037 5,616 6,451 Growth (%) -20% 15% Gross Profit 1,960 1,628 2,016 GP Margin (%) 28% 30% 32% EBIDTA 773 715 805 EBIDTA Margin (%) 11% 13% 13% Depreci
Slide 27: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹ in Mn) FY2022 FY2021 Particulars (₹ in Mn) FY2022 FY2021 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Property, plant and equipment 1,029 1,049 Equity share capital 344 341 Capital Work in Progress - - Other equity 2,238 2,346 Right to use Assets
Slide 28: Cash Flow Statement
Cash Flow Statement Standalone Consolidated Particulars (₹ in Mn) FY22 FY21 FY22 FY21 PBT (164) (131) (149) (153) Adjustments 871 775 897 794 Operating profit before working capital changes 708 644 749 641 Changes in working capital (84) (795) (167) (605) Cash generated from operations 624 (152) 582
Slide 29: Robust Financial Performance
Robust Financial Performance Revenue (₹ Million) EBIDTA (₹ Million) and EBIDTA Margins PBT (₹ Million) PAT (₹ Million) 29
Slide 30: 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) 30
Slide 31: Thank You
Thank You Investor Relation Advisor Company Dr. Rahul Porwal Mr. Sudhir Kumar Marathon Capital Advisory Private Limited (Company Secretary & Compliance Officer) Tel : +91-22-40030610 / 9967576900 V2 Retail Limited Email : rahul@marathoncapital.in Tel : +91-11-41771850 : Email : cs@vrl.net.in