V-mart Retail Ltd · NSE:VMART
V-mart Retail — Q3 FY2022 Earnings Presentation
18 slides from V-mart Retail's earnings presentation, Feb 10, 2022
Slide 1: Price "Less" Fashion - Presentation to Analysts/Investors
PRICE "LESS" FASHION Ref. No. CS/S/L-547/2021-22 10‘ February, 2022 To: To: The Listing Department The Corporate Relationship Department NATIONAL STOCK EXCHANGE OF INDIA LIMITED THE BSE LTD “Exchange Plaza” Phiroze Jeejeebhoy Towers, “Bandra Kurla Complex, Dalal Street, Mumbai - 400 001 Bandra (E ),
Slide 2: V-Mart Retail Ltd. Review of Financial Results Q3 FY'22
www.vmartretail.com V-Mart Retail Ltd. Review of Financial Results Q3 FY’22
Slide 3: Disclaimer
This presentation has been prepared by V-Mart Retail Limited (“V-Mart”) and does not constitute a prospectus or placement memorandum or an offer to acquire any securities. This presentation or any other documentation or information (or any part thereof) delivered or supplied should not be deemed to
Slide 4: April - Dec FY'22 Key Highlights
April - Dec FY’22 Key Highlights Financial Parameters Operational Parameters 3
Slide 5: Key Highlights
Key Highlights 374 67% 88% 12% Number of Stores Revenue Growth V-Mart Unlimited Opened : 99 Closed : 4 Vs FY’21 Revenue Contribution 92% 8% 143 Fashion Kirana Net Profit / (loss) Revenue Contribution ₹ Millions 74 stored of Unlimited added w.e.f 1st September 2021 Unlimited store contribution 12
Slide 6: Financial Parameters
Financial Parameters Sales (Millions) Sales Mix (%) 12,074 80.7% 79.2% 7,236 11.1% 13.2% 8.2% 7.6% YTD'22 YTD'21 Apparels Non Apparels Kirana 12% from UL EBITDA (Millions) PAT (Millions) 1,540 977 143 YTD'22 YTD'21 YTD'22 YTD'21 -47 CY PY 5
Slide 7: Operational Parameters
Operational Parameters Footfall (Lakhs) Conversion Rate (%) 209 63.4% 63.0% 133 YTD'22 YTD'21 YTD'22 YTD'21 Transaction size (Rs.) Average Selling Price (Rs) 971 392 918 352 242 227 YTD'22 YTD'21 YTD'22 YTD'21 Total Apparel CY PY 6
Slide 8: Operational Parameters
Operational Parameters Sales per sq feet (per month) Store Count (Nos) 162 140 580 517 100 55 57 63 37 34 Tier 1 Tier 2 Tier 3 Tier 4 Tier 1 Tier 2 Tier 3 Tier 4 YTD'22 YTD'21 YTD'22 YTD'21 Tier 1 Tier 2 Tier 3 Tier 4 Same Store Sales Growth (%) Same Store Volume Growth (%) 38.9% 35.5% YTD'22 YTD'21
Slide 9: Operational Parameters
Operational Parameters Expenses (% of Sales) Retail Space (Lacs Sq feet) YTD'22 YTD'21 10.6% 11.2% 33 23 4.8% 4.2% 3.6% 3.6% 2.5% 1.6% Manpower Power Advertisement Others YTD'22 YTD'21 Inventory (Days of Sales) Shrinkage (% of Sales) Total Apparel Non-apparel Kirana Includes provision for obsolescen
Slide 10: Key Highlights
Key Highlights 374 47% 83% 17% Number of Stores Revenue Growth V-Mart Unlimited Opened : 9 Closed : 3 Vs Q3’21 Revenue Contribution 93% 7% 571 Fashion Kirana Net Profit / (loss) Revenue Contribution ₹ Millions 9
Slide 11: Financial Parameters
Financial Parameters Sales (Millions) Sales Mix (%) 6,920 81.6% 79.3% 4,700 11.1% 14.0% 7.3% 6.7% Q3'22 Q3'21 Apparels Non Apparels Kirana 17% from UL EBITDA (Millions) PAT (Millions) 1,353 1,400 571 1,038 900 479 400 -100 Q3'22 Q3'21 Q3'22 Q3'21 CY PY 10
Slide 12: Operational Parameters
Operational Parameters Footfall (Lakhs) Conversion Rate (%) 111 60.6% 62.1% 83 Q3'22 Q3'21 Q3'22 Q3'21 Transaction size (Rs.) Average Selling Price (Rs) 503 1096 446 968 292 262 Q3'22 Q3'21 Q3'22 Q3'21 Total Apparel CY PY 11
Slide 13: Ind-AS 116: P&L Impact (YTD - FY'22)
Ind-AS 116 : P&L Impact (YTD - FY’22) (Rs. in million) Pre Ind-AS116 Post Ind-AS116 Net Impact on PBT Particulars (impact on PBT) - YTD (A) (B) C=(B-A) Rent 920 44 (876) Finance cost 4 537 533 Depreciation & Amortization 331 931 600 PBT decreased by 257 “Changes due to Ind-AS 116 (increase) / decrea
Slide 14: Financial Review – Profit & Loss Statement
Financial Review – Profit & Loss Statement Rs. in million (except per share data) For the period ended Particulars 31.12.2021 31.12.2020 (Unaudited) (Unaudited) I. Revenue from operations 12,074 7,236 II. Other income 112 167 III. Total Income (I + II) 12,186 7,403 IV Total expenses (IV) 12,002 7,47
Slide 15: Financial Review - Balance Sheet and CFS – Unaudited
Financial Review - Balance Sheet and CFS – Unaudited (Rs. in million) V-Mart Retail Limited Balance Sheet as at December 31, 2021 V-Mart Retail Limited As at As at December 31, 2021 March 31, 2021 Cash Flow Statement for the period ended December 31, 2021 ASSETS Non-current assets For the period end
Slide 16: Stores Geographic Spread YTD FY'22
Stores Geographic Spread YTD FY’22 15
Slide 17: Stores Geographical Spread
Stores Geographical Spread States Existing * New* Closed* Total As s a m 9 - - 9 Aruna cha l Pra des h 1 - - 1 Andhra Pra des h - 9 - 9 Bi ha r 51 5 - 56 Cha ndi ga rh 1 - - 1 Del hi 3 1 - 4 Goa - 1 - 1 Guja ra t 6 1 - 7 Ha rya na 1 1 - 2 Hi ma cha l Pra des h 2 - - 2 Ja mmu & Ka s hmi r 8 - - 8 Jha
Slide 18: Thank you
www.vmartretail.com Thank you….!! In case of any queries, please contact the IR Team: ir@vmart.co.in