Avro India Ltd. · NSE:AVROIND
Avro India — Q3 FY23 Earnings Presentation
34 slides from Avro India's earnings presentation, February 2023
Slide 1: Avro India Ltd. Investor Presentation Q3 FY23
AVRO INDIA LTD. Investor Presentation Q3 FY23
Slide 2: Company Overview
COMPANY OVERVIEW AVRO INDIA LIMITED
Slide 3: Avro @ a Glance
AVRO @ A GLANCE Incorporated in 1996 and established manufacturing facilities in 2002, AVRO INDIA LIMITED is engaged into manufacturing of high quality Plastic moulded Furniture. The company is based out of Ghaziabad, Uttar Pradesh. 20+ Years Among Top 5 Plastic Products 200+ SKUs 20,000+ Retail exp
Slide 4: What Drives Us
WHAT DRIVES US To become an industry leader delivering affordable, To run a sustainable business for collective and durable and sustainable furniture products for inclusive growth for all stakeholders. industry and household. VISION MISSION L E A D E R Leadership in industry by Ethical in doing busi
Slide 5: Time Line
TIME LINE Company renamed to ‘AVON Online Presence on various MOLDPLAST PRIVATE LIMITED’. Listing on NSE Emerge as public platforms like Amazon, Flipkart, Migrated to the Main limited company etc. Board of NSE & BSE 2002 2003 2018 2019 2020 2021 2022 Manufacturing Facility At Company name changed to
Slide 6: Board of Directors
BOARD OF DIRECTORS MR. SUSHIL KUMAR AGGARWAL MR. SAHIL AGGARWAL MR. NIKHIL AGGARWAL MS. ANITA AGGARWAL (Chairman) (Managing Director) (Whole Time Director) (Non Executive Director) MR. PAWAN DIXIT MR. SUSHIL KUMAR GOYAL MS. RICHA KALRA MS. VANDANA GUPTA (Independent Director) (Independent Director)
Slide 7: Infrastructure
INFRASTRUCTURE Certified Quality & System of ISO 9001:2015 & TUV SUD Use of Best In Class Injection Moulding Machines AVRO INDIA LIMITED 7
Slide 8: Helping Environment by Being Sustainable
HELPING ENVIRONMENT BY BEING SUSTAINABLE Fully Integrated Production Process Zero Emissions Zero Material In House Waste Plastic Recycling No Water Waste Saving Tress AVRO INDIA LIMITED 8
Slide 9: Registered Designs
REGISTERED DESIGNS More than 25 products design registered from the Trademark Registry Of India AVRO INDIA LIMITED 9
Slide 10: Certification by TUV SUD
CERTIFICATION BY TUV SUD Certified by renowned world-wide organization for operational excellence by TUV SUD AVRO INDIA LIMITED 10
Slide 11: Awards & Recognition
AWARDS & RECOGNITION AVRO INDIA LIMITED 11
Slide 12: Key Financial Highlights
KEY FINANCIAL HIGHLIGHTS TOTAL INCOME (In ₹ Cr) EBITDA (In ₹ Cr) & EBITDA MARGIN 70 65.20 10 8.62 7.65 60 53.57 7.10 8 50 44.48 6 5.62 40 4.10 30 4 3.16 20 2 10 0 0 FY20 FY21 FY22 FY20 FY21 FY22 Total Income EBITDA EBITDA (%) PAT (In ₹ Cr) & PAT MARGIN PER SHARE MATRIX (In ₹) 4.59 50 5 40.78 4 3.23
Slide 13: Key Financial Highlights
KEY FINANCIAL HIGHLIGHTS IMPROVING RETURN RATIOS (In %) Leverage Ratios (In Times) 25.00 25.00 12 10.27 10.33 20.09 10 20.00 20.00 19.32 8 15.00 15.00 14.35 5.70 13.68 6 10.00 11.35 12.10 10.00 4 5.00 5.00 2 0.52 0.25 0.29 0.00 0.00 0 FY20 FY21 FY22 FY20 FY21 FY22 ROCE ROE Debt To Equity Intrest Cov
Slide 14: Key Financial Highlights
KEY FINANCIAL HIGHLIGHTS NSE: AVROIND BSE: 543512 | ISIN: INE652Z01017 SHARE HOLDING PATTERN Source - NSE As on 10-02-2023 As on 31-12-2022 Share Price (₹) 135.65 29.63 Market Capitalization (₹ Cr) 135.83 Promoter & Promoter Group No. of Shares Outstanding 1,00,87,400 Non Institutional Investor 70.3
Slide 15: Business Overview
BUSINESS OVERVIEW AVRO INDIA LIMITED
Slide 16: Product Portfolio
PRODUCT PORTFOLIO CHAIRS TABLES STOOLS BABY CHAIRS ALMIRAH AVRO INDIA LIMITED 16
Slide 17: Best Selling Products
BEST SELLING PRODUCTS VIVA MAGNA NEXA BABY DESK PLATINUM 9927 3195 AVRO INDIA LIMITED 17
Slide 18: Unique, Robust & Registered Designs
UNIQUE, ROBUST & REGISTERED DESIGNS AVRO INDIA LIMITED 18
Slide 19: Strong Offline Presence
STRONG OFFLINE PRESENCE Ladakh Jammu & kashmir Himachal Pradesh Uttarakhand Punjab Haryana New Delhi Rajasthan 200+ Distributors Present at more Catering to more Uttar Pradesh Bihar Available across North India than 20,000 than 45Cr Gujarat Madhya Pradesh Furniture Dealer population Daman and Diu Da
Slide 20: Strong Online Presence
STRONG ONLINE PRESENCE PAN INDIA ONLINE PRESENCE ONLINE ORDERS 27,047 Orders Delivered To 6,500+ Pin Codes 14,699 across 28 State & 8 Union Territories 3,171 2020 2021 2022* * Till 12 March 2022 AVRO INDIA LIMITED 20
Slide 21: Among Best Selling Brands Online
AMONG BEST SELLING BRANDS ONLINE AVRO INDIA LIMITED 21
Slide 22: Mix of Traditional & New Gen Marketing
MIX OF TRADITIONAL & NEW GEN MARKETING AVRO INDIA LIMITED 22
Slide 23: Strong Social Media Marketing for Brand Recall
STRONG SOCIAL MEDIA MARKETING FOR BRAND RECALL ONLINE MARKETING CAMPAIGNS & CONTEST AVRO INDIA LIMITED 23
Slide 24: YouTube Videos for Product Demos & Assembly
YOUTUBE VIDEOS FOR PRODUCT DEMOS & ASSEMBLY AVRO INDIA LIMITED 24
Slide 25: Industry Overview
INDUSTRY OVERVIEW AVRO INDIA LIMITED
Slide 26: Industry Overview
INDUSTRY OVERVIEW PEER COMPARISON By 2030, Indian middle class is expected to have the second largest share in global consumption at 17%. 800.00 The plastic furniture industry is estimated to be close to Rs 6000 crore 700.00 industry pan India by organized and unorganized manufacturers in 600.00 202
Slide 27: Financial Overview
FINANCIAL OVERVIEW AVRO INDIA LIMITED
Slide 28: Quarterly Performance Highlights
QUARTERLY PERFORMANCE HIGHLIGHTS TOTAL INCOME (In ₹ Cr) EBITDA & PAT (In ₹ Cr) EBITDA PAT 25 2.50 2.29 21.82 19.72 20 2.00 15 1.50 1.32 1.19 10 1.00 0.50 5 0.50 0 0.00 Q3 FY22 Q3 FY23 Q3 FY22 Q3 FY23 AVRO INDIA LIMITED 28
Slide 29: Q3 FY23 Results Highlight
Q3 FY23 Results Highlight In ₹ Cr Particulars Q3 FY23 Q3 FY22 Y-O-Y % 9M FY23 9M FY22 Y-O-Y% Net Sales 21.19 19.69 62.91 46.40 Other Income 0.63 0.03 0.78 0.13 Total Income 21.82 19.72 10.65% 63.69 46.53 36.88% Expenses Raw Material costs 16.47 14.89 48.36 34.93 Employee Benefit Expenses 0.37 0.30 0
Slide 30: Profit & Loss Statement
PROFIT & LOSS STATEMENT In ₹ Cr Particulars FY20 FY21 FY22 Net Sales 44.07 53.27 64.74 Other Income 0.41 0.30 0.46 Total Income 44.48 53.57 65.20 Expenses Raw Material costs 37.00 43.46 47.75 Employee Benefit Expenses 1.11 1.33 1.28 Other Expenses 3.21 4.67 10.56 Total Expenditure 41.32 49.46 59.59
Slide 31: Balance Sheet
BALANCE SHEET In ₹ Cr Equities & Liabilities FY20 FY21 FY22 Assets FY20 FY21 FY22 Equity 3.25 3.25 10.09 Non Current Assets Reserves 10.02 14.44 10.60 Fixed assets 8.15 10.46 12.15 Total Equity 13.27 17.69 20.69 Non-current investments 0.00 0.00 0.00 Non-current Liabilities Other Non-Current Financi
Slide 32: Revenue Analysis
REVENUE ANALYSIS TOTAL INCOME (In ₹ CR) REVENUE (In ₹ Cr) 70 65.20 70.00 61.63 60 53.57 60.00 50.68 50 44.48 50.00 43.22 40 40.00 30 30.00 20 20.00 10 10.00 0.85 2.59 3.47 0 0.00 FY20 FY21 FY22 FY20 FY21 FY22 Online Offline Total Income REVENUE BREAKUP (In ₹ CR) REGION WISE REVENUE (In %) 70 1.18% 1
Slide 33: Safe Harbor Statement
SAFE HARBOR STATEMENT In ₹ Cr This presentation and the accompanying slides (the “Presentation”), which have been prepared by AVRO India Limited (the “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities,
Slide 34: Thank You
Thank You Avro India Ltd. A-7/36-39, South of G.T.Road, Industrial Area (Opp. Rathi Udyog Ltd.), Kirin Advisors Pvt. Ltd. Electrosteel Costing 713-B, Lodha Supremus II, Compound, Ghaziabad- 201-009 Wagle Estate, (UP), India Thane West – 400 604. Phone: 0120-4376091 Phone: +91 22 4100 2455 Website: a