Radico Khaitan Limited · NSE:RADICO
Radico Khaitan — Q2 FY2020 Earnings Presentation
18 slides from Radico Khaitan's earnings presentation, November 2019
Slide 1: Earnings Presentation Q2 and First Half FY2020
Radico Khaitan Ltd. (BSE: 532497; NSE: RADICO) Earnings Presentation Q2 and First Half FY2020
Slide 2: Q2 FY2020 Performance Highlights
Q2 FY2020 Performance Highlights Continued strong top line growth Q2 FY2020 vs. Q2 FY2019 H1 FY2020 vs. H1 FY2019 o Total IMFL volume of 5.78 Million Cases (+10.9%) o Total IMFL volume of 12.03 Million Cases (+11.4%) o Prestige & Above brands volume of 1.63 Million Cases o Prestige & Above brands vo
Slide 3: Leverage and Finance Cost Trend
Q2 FY2020 Performance Highlights Leverage and Finance Cost Trend Cumulative Net Debt reduction of ` 592 Cr since March 2016… …Resulted in annualized interest cost saving of 65% Net Debt Position (` Crore) Annual Interest Cost (` Crore) 947 785 162 570 215 85 80 35 355 68 319 250 35 30 Mar-16 Mar-17
Slide 4: Management Perspectives
Management Perspectives Commenting on the results and performance, Dr. Lalit Khaitan, Chairman & Managing Director said: “I am pleased to report a robust operational and financial performance during the last quarter which was otherwise impacted by the overall economic slowdown. The impact of this sl
Slide 5: Performance Overview
Performance Overview Q2 y-o-y Half Year y-o-y FY2020 FY2019 Growth (%) FY2020 FY2019 Growth (%) Operational Performance (Million Cases) Prestige & Above 1.63 1.46 11.6% 3.62 3.18 14.0% Regular & Others 4.15 3.75 10.6% 8.41 7.62 10.4% Total Volume 5.78 5.21 10.9% 12.03 10.80 11.4% Prestige & Above as
Slide 6: Performance Overview
Performance Overview Q2 y-o-y H1 y-o-y (Rs. Crore) FY2020 FY2019 Growth (%) FY2020 FY2019 Growth (%) Gross Sales 2,520.05 1,906.10 32.2% 5,197.13 4,021.37 29.2% Revenue from Operations 570.17 517.65 10.1% 1,193.76 1,034.03 15.4% Other Income 1.87 4.21 (55.5)% 5.19 6.94 (25.2)% Income from Operations
Slide 7: Performance Discussion
Performance Discussion Q2 FY2020 Highlights (Y-o-Y) o Revenue from Operations (Net) grew by 10.1%. Total IMFL volumes increased by 10.9%. This volume growth was led by a strong Prestige & Above category volume increase of 11.6%. Volume growth was broad based across key states and key IMFL brands pri
Slide 8: Brand Performance
Brand Performance Rampur Indian Single Malt • Launched select variants: o Rampur PX Sherry: Limited 48 cask batch where American Oak were handpicked and transferred to PX Sherry Butts from Jerez, Spain o Rampur Double Cask: Matured in hand-picked American Bourbon barrels and European Oak Sherry cask
Slide 9: Brand Performance
Brand Performance Magic Moments Vodka • Sales volumes crossed 4 million case mark • Launched Magic Moments Verve in a new premium canister packaging • Marketing campaign with Bollywood stars Kartik Aryan and Jacqueline Fernandez • Continues to gain market share with Magic Moments now accounting for
Slide 10: Leading market positioning
Leading market positioning The Millionaires’ Club 2018 global rankings 4th Fastest growing whisky in the th 11 in the world by Largest vodka 7th Largest rum in the world by 5th Largest brandy in the world by world volume volume volume Largest whisky 11th in the world by volume Earnings Presentation
Slide 11: Company overview: One of the largest spirits manufacturers in India
Company overview One of the largest spirits manufacturers in India Strategically limiting 75 years of One of the largest interstate taxes and experience in spirits 1943 making. One of the 157 spirits manufacturers. Operates three 28 transport costs. Five own and 23 Year of most recognized Bottling M
Slide 12: Clearly defined strategic roadmap
Clearly defined strategic roadmap Focus on building brands and driving a profitable growth Strong cash flow generation and Innovation and brand building Premium growth deleveraging • Established track record: Magic Moments • Growth driven by Prestige & Above category • Focused on a profitable growth
Slide 13: Statutory Results
Statutory Results Statement of Unaudited Standalone IND AS Financial Results for the quarter ended September 30, 2019 Sl. No. Particulars (1) (2) (3) (4) (5) (6) (Rs. In lakhs, except EPS) Quarter Quarter Quarter Six Months Six Months Year ended ended ended ended ended ended 30.09.2019 30.06.2019 30
Slide 14: Statutory Results
Statutory Results Statement of Unaudited Standalone IND AS Financial Results for the quarter ended September 30, 2019 (Rs. In lakhs, except EPS) As at As at As at As at Particulars Particulars September 30, March 31, September 30, March 31, 2019 2019 2019 2019 (Unaudited) (Audited) (Unaudited) (Audi
Slide 15: Statutory Results
Statutory Results Statement of Unaudited Standalone IND AS Financial Results for the quarter ended September 30, 2019 (Rs. In lakhs, except EPS) Period ended Year ended Particulars March 31, September 30, 2019 2019 (Unaudited) (Audited) Net profit before taxation 14,408.74 28,570.93 Operating Profit
Slide 16: Statutory Results
Statutory Results Statement of Unaudited Standalone IND AS Financial Results for the quarter ended September 30, 2019 Notes: 1. The unaudited standalone financial results of the Company for the quarter and half year ended September 30, 2019 have been reviewed by the Audit Committee and approved by t
Slide 17: Contact information
Contact information This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Radico Khaitan’s future business developments and economic perfo
Slide 18: Radico Khaitan Limited
Radico Khaitan Limited (CIN: L26941UP1983PLC027278) J-I, Block B-I, Mohan Co-operative Industrial Area, Mathura Road, New Delhi-110044 Ph.: +91-11-4097 5400/5500 Fax: +91-11-4167 8841/42 www.radicokhaitan.com