Avro India Ltd. · NSE:AVROIND
Avro India — Q4 FY23 Earnings Presentation
37 slides from Avro India's earnings presentation, Jun 1, 2023
Slide 1: Exchange filing cover letter for Investor Presentation
Date: June 01, 2023 Listing Department Listing Department National Stock Exchange of India Ltd BSE Limited Exchange Plaza, 5th Floor, Plot No.C/1 Phiroze Jeejeebhoy Towers G Block, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai-400051 Mumbai-400001 NSE Symbol: AVROIND BSE Scrip Code: 543512
Slide 2: Avro India Ltd. Investor Presentation Q4 FY23
AVRO INDIA LTD. Investor Presentation Q4 FY23
Slide 3: Company Overview
COMPANY OVERVIEW AVRO INDIA LIMITED
Slide 4: 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 20+ Years Among Top 5 Plastic 150+ SKUs 20,000+ Retail experience Products manufacturer Touch
Slide 5: What Drives Us
WHAT DRIVES US To become an industry leader delivering affordable, durable and sustainable furniture products for industry and household. VISION To run a sustainable business for collective and inclusive growth for all stakeholders. MISSION Our goal is to: Ensure that plastic waste Create higher val
Slide 6: Time Line
TIME LINE Company renamed to ‘AVON Online Presence on various MOLDPLAST PRIVATE Listing on NSE Emerge as platforms like Amazon, Migrated to the Main LIMITED’. public limited company Flipkart, etc. Board of NSE & BSE 2002 2003 2018 2019 2020 2021 2022 Manufacturing Facility At Company name changed to
Slide 7: 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 8: Infrastructure
INFRASTRUCTURE Certified Quality & System of ISO 9001:2015 & TUV SUD Use of Best-In-Class Injection Moulding Machines AVRO INDIA LIMITED 7
Slide 9: Helping Environment by Being Sustainable
HELPING ENVIRONMENT BY BEING SUSTAINABLE Fully Integrated Production Zero Emissions Process Zero Material In House Waste Plastic Recycling No Water Waste Saving Tress AVRO INDIA LIMITED 8
Slide 10: Registered Designs
REGISTERED DESIGNS More than 25 products design registered from the Trademark Registry Of India AVRO INDIA LIMITED 9
Slide 11: 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 12: Awards & Recognition
AWARDS & RECOGNITION PRIDE OF INDIA AWARD 2023 AVRO INDIA LIMITED 11
Slide 13: Turning Waste into Wealth
TURNING WASTE INTO WEALTH Plastic Moulded Furniture Recycling of Plastic Compounding Material Sale of Plastic Granules AVRO INDIA LIMITED
Slide 14: Avro Green Initiatives
AVRO GREEN INITIATIVES AVRO with ‘informal recyclers’ is going for ‘scrap to product’ Circular Economy to Produce ‘near virgin quality’ recycled plastics granules in India. o Environment, Social and Financial Sustainability are at the core values of Avro’s business. o Avro is committed to keep on in
Slide 15: Key Financial Highlights
KEY FINANCIAL HIGHLIGHTS TOTAL INCOME (In ₹ Cr) EBITDA (In ₹ Cr) & EBITDA MARGIN 82.34 EBITDA EBITDA (%) 10.46 8.62 65.20 7.65 8.61 53.57 5.62 4.10 FY21 FY22 FY23 FY21 FY22 FY23 PAT (In ₹ Cr) & PAT MARGIN PER SHARE MATRIX (In ₹) PAT PAT (%) 54.36 EPS Book Value 5.04 4.56 3.23 4.15 2.99 24.62 20.51 1
Slide 16: Key Financial Highlights
KEY FINANCIAL HIGHLIGHTS IMPROVING RETURN RATIOS (In %) Leverage Ratios (In Times) ROCE ROE Debt To Equity Interest Coverage Ratio 10.27 10.33 18.64 15.30 16.71 7.07 12.23 14.41 9.89 0.37 0.47 0.23 FY21 FY22 FY23 FY21 FY22 FY23 AVRO INDIA LIMITED 15
Slide 17: Key Financial Highlights
KEY FINANCIAL HIGHLIGHTS NSE: AVROIND BSE: 543512 | ISIN: INE652Z01017 Share Holding Pattern Source - NSE As on 24-05-2023 As on 31-03-2023 Share Price (₹) 131.00 29.63 Market Capitalization (₹ Cr) 132.14 Promoter & Promoter Group No. of Shares Outstanding 1,00,87,400 Non-Institutional Investor 70.3
Slide 18: Business Overview
BUSINESS OVERVIEW AVRO INDIA LIMITED
Slide 19: Product Portfolio
PRODUCT PORTFOLIO CHAIRS TABLES STOOLS BABY CHAIRS ALMIRAH AVRO INDIA LIMITED 18
Slide 20: Best Selling Products
BEST SELLING PRODUCTS VIVA MAGNA NEXA BABY DESK PLATINUM 9927 3195 AVRO INDIA LIMITED 19
Slide 21: Unique, Robust & Registered Designs
UNIQUE, ROBUST & REGISTERED DESIGNS AVRO INDIA LIMITED 20
Slide 22: Strong Offline Presence
STRONG OFFLINE PRESENCE Ladakh Jammu & kashmir Himachal Pradesh Punjab Uttarakhand Haryana New Delhi Rajasthan 200+ Present at more Catering to more Uttar Pradesh Available across Bihar Distributors than 20,000 than 60Cr 20 States Gujarat Madhya Pradesh West Furniture Dealer population Bengal Daman
Slide 23: Strong Online Presence
STRONG ONLINE PRESENCE PAN INDIA ONLINE PRESENCE ONLINE ORDERS 36,145 27,047 21,029 Orders Delivered To 6,500+ Pin Codes Across 28 State & 8 Union Territories FY21 FY22 FY23 AVRO INDIA LIMITED 22
Slide 24: Among Best Selling Brands Online
AMONG BEST SELLING BRANDS ONLINE AVRO INDIA LIMITED 23
Slide 25: Mix of Traditional & New Gen Marketing
MIX OF TRADITIONAL & NEW GEN MARKETING AVRO INDIA LIMITED 24
Slide 26: Strong Social Media Marketing for Brand Recall
STRONG SOCIAL MEDIA MARKETING FOR BRAND RECALL ONLINE MARKETING CAMPAIGNS & CONTEST AVRO INDIA LIMITED 25
Slide 27: YouTube Videos for Product Demos & Assembly
YOUTUBE VIDEOS FOR PRODUCT DEMOS & ASSEMBLY AVRO INDIA LIMITED 26
Slide 28: Industry Overview
INDUSTRY OVERVIEW AVRO INDIA LIMITED
Slide 29: Industry Overview and Peer Comparison
INDUSTRY OVERVIEW PEER COMPARISON By 2030, Indian middle class is expected to have the second largest share in global consumption at 17%. 1000.00 The plastic furniture industry is estimated to be close to Rs 900.00 6000 crore industry pan India by organized and unorganized 800.00 manufacturers in 20
Slide 30: Financial Overview
FINANCIAL OVERVIEW AVRO INDIA LIMITED
Slide 31: Quarterly Performance Highlights
QUARTERLY PERFORMANCE HIGHLIGHTS TOTAL INCOME (In ₹ Cr) EBITDA & PAT (In ₹ Cr) EBITDA PAT 2.98 18.63 18.65 2.06 1.84 0.87 Q4 FY22 Q4 FY23 Q4 FY22 Q4 FY23 AVRO INDIA LIMITED 30
Slide 32: Q4 FY23 Results Highlight
Q4 FY23 RESULTS HIGHLIGHT In ₹ Cr Particulars Q4 FY23 Q4 FY22 Y-O-Y % FY23 FY22 Y-O-Y% Net Sales 17.11 18.30 80.01 64.74 Other Income 1.54 0.33 2.33 0.46 Total Income 18.65 18.63 0.11% 82.34 65.20 26.29% Expenses Raw Material costs 13.16 12.81 61.53 47.75 Employee Benefit Expenses 0.38 0.31 1.37 1.2
Slide 33: Profit & Loss Statement
PROFIT & LOSS STATEMENT In ₹ Cr Particulars FY21 FY22 FY23 Net Sales 53.27 64.74 80.01 Other Income 0.30 0.46 2.33 Total Income 53.57 65.20 82.34 Expenses Raw Material costs 43.46 47.75 61.53 Employee Benefit Expenses 1.33 1.27 1.37 Other Expenses 4.67 10.56 10.83 Total Expenditure 49.46 59.58 73.73
Slide 34: Balance Sheet
BALANCE SHEET In ₹ Cr Equities & Liabilities FY21 FY22 FY23 Assets FY21 FY22 FY23 Equity 3.25 10.09 10.09 Non Current Assets Reserves 14.44 10.60 14.75 Fixed assets 10.18 12.15 15.06 Total Equity 17.69 20.69 24.84 Non-current investments 0.00 0.00 0.00 Non Current Liabilities Other Non-Current Finan
Slide 35: Revenue Analysis
REVENUE ANALYSIS TOTAL INCOME (In ₹ CR) TOP 10 REGION WISE REVENUE (In %) 82.34 1.90% 65.20 1.70% 1.60% 53.57 2.04% 2.79% 3.10% FY21 FY22 FY23 4.73% REVENUE (In ₹ CR) Online Offline 78.01 4.78% 43.85% 43.22 50.68 2.59 3.47 2.00 FY21 FY22 FY23 REVENUE BREAKUP (In ₹ CR) 27.46% Top 10 Customers Rest Of
Slide 36: Safe Harbour Statement
SAFE HARBOUR 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 37: 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