Vedant Fashions Limited · NSE:MANYAVAR
Vedant Fashions — FY2025 Earnings Presentation
31 slides from Vedant Fashions's earnings presentation, May 6, 2025
Slide 1: Exchange filing cover letter for investor presentation
May 06, 2025 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Plot No. C-1, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai – 400051 Mumbai – 400001 NSE Symbol: MANYAVAR BSE Scrip Code: 543463 Madam / Sir, Sub : Copy of In
Slide 2: Vedant Fashions Limited Investor Presentation - May 2025
Vedant Fashions Limited Investor Presentation - May 2025
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Vedant Fashions Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securi
Slide 4: About Vedant Fashions
About Vedant Fashions >:
Slide 5: Introduction to Vedant Fashions
Introduction to Vedant Fashions Indian Wedding and Celebration Wear Brands 01 02 03 04 Headquartered in Kolkata, incorporated in One-stop destination with wide product Largest company in India in men’s Indian Omni-channel network of EBOs, MBOs, LFS 2002 by Mr. Ravi Modi, Vedant Fashions portfolio fo
Slide 6: What makes VFL Special
What makes VFL Special Aspirational Yet Value for Money Curated Marketing Strategy with Multi Channel Presence o Aspirational Brand with Aristocratic & seamless customer experience o Emotional connect with theme-based campaigns o Uniform pricing across online & offline channels in India o Celebrity
Slide 7: Evolution Over the Years
Evolution Over the Years Launch of Brand Manyavar 1st EBO in Surpassed >INR Launched Mohey Strategic Acquisition Launched Twamev (Men’s Listing on Stock Exclusive Mohey started operations Bhubaneshwar 1,000 mn EBO (Women’s of Mebaz premium wear brand) Exchanges Flagship EBO; via predecessor revenue
Slide 8: Key Investment Highlights/ Our Strengths
Key Investment Highlights/ Our Strengths
Slide 9: Key Investment Highlights/ Our Strengths
Key Investment Highlights/ Our Strengths 01 02 Market leader in Indian celebration 03 Unique business model combining Large & growing Indian wedding & asset-light brand play along with wear market with diversified brand celebration wear market driven by an seamless purchase experience; no portfolio
Slide 10: Diversified Brand Portfolio Catering to Aspirations of Entire Family
Diversified Brand Portfolio Catering to Aspirations of Entire Family Brands Year Target Group Price Spectrum Distribution Product Portfolio Key Attributes Men: Kurta, Indo-western, Sherwani, o Category leader in branded Indian wedding & celebration EBOs, MBOs, LFS, jacket, accessories, Jodhpuri wear
Slide 11: Our Growth Strategy
Our Growth Strategy >:
Slide 12: Our Growth Strategy
Our Growth Strategy Retail Expansion within Up-selling and cross- Enhancement of brand Significant potential and Disciplined approach and outside India selling initiatives appeal through targeted space for growth of our towards acquisitions marketing initiatives emerging brands Vedant Fashions Limit
Slide 13: Q4 and FY25 Key Highlights, Update and Financial Performance
Q4 and FY25 Key Highlights, Update and Financial Performance
Slide 14: Company Key Performance Highlights
Company Key Performance Highlights • In Q4 FY25, the retail footprint presence expanded by 36 k sq. ft. of net retail area, while for full financial year FY25, company added 85 k sq. ft. of net retail area. As on 31st March 2025, total retail presence stands at 1.79 mn sq. ft. ; • During Q4 FY25, Re
Slide 15: Wide Pan-India Reach and Presence including International Markets
Wide Pan-India Reach and Presence including International Markets Presence (As of FY25) Net Rollout (Q4 FY25) Net Rollout (FY25) 1.79 mn Sq. ft. 36 k sq. ft. 85 k sq. ft. EBO’s Area* EBO’s Area EBO’s Area (Including 37K area of Intl. Stores in 4 Countries) 678 12 2 EBO’s* (Including 16 Intl. EBO’s)
Slide 16: Vedant Fashions Limited • 15
Vedant Fashions Limited • 15
Slide 17: Key Financial Highlights
Key Financial Highlights INR in mn Q4 FY25 YoY Analysis Revenue from Operations Gross Profit1 & Gross Margin EBITDA2 & EBITDA Margin PAT & PAT Margin Margins → 67.1% 66.2% Margins → 49.0% 45.6% Margins → 31.9% 27.5% +1.2% -0.2% -5.7% -12.7% 3,632 3,674 2,436 2,432 1,778 1,676 1,158 1,011 Q4 FY’24 Q4
Slide 18: Key Retail Performance Overview
Key Retail Performance Overview INR in mn Retail Performance Vs Q4 & FY25 (Sale of our Customers1) across Channels Q4 FY’24 Vs Q4 FY’25 FY’24 Vs FY’25 ** +2.2% 18,527 18,929 +1.9% 5,111 5,207 Q4 FY’24 Q4 FY’25 FY’24 FY’25 VFL recorded SSSG2 of -4.5% in Q4 FY25 over Q4 FY24 VFL recorded SSSG2 of -4.2
Slide 19: Profit and Loss Statement Q4 and FY25
Profit and Loss Statement Q4 and FY25 INR in mn Quarter ended Year ended Year ended Particulars Mar 31, 2025 Mar 31, 2024 31-Mar-25 31-Mar-24 (Unaudited) (Unaudited) (Audited) (Audited) Sr.no Income: I Revenue from operations 3,674 3,632 13,865 13,675 II Other income 221 241 852 697 III Total income
Slide 20: Balance Sheet as at March 31, 2025
Balance Sheet as at March 31, 2025 INR in mn As at As at Particulars March 31, 2025 March 31, 2024 (Audited) (Audited) Assets Non-current assets Fixed Assets (Tangible and Intangibles) 2,329 2,368 Right-of-use assets 4,550 4,267 Investments 3,421 3,549 Other non-current assets 1,102 981 Total non-cu
Slide 21: Cash Flow Statement for the year ended March 31, 2025
Cash Flow Statement for the year ended March 31, 2025 INR in mn Year ended Year ended March 31, 2025 March 31, 2024 Particulars (Audited) (Audited) Cash flow from operating activities Profit before tax 5,195 5,484 Operating profit before working capital changes 6,456 6,630 Movement in working capita
Slide 22: Manyavar Wedding Campaign
Manyavar Wedding Campaign A group of men posing for a picture Description automatically generated A person and person holding each other Description automatically generated Please click to play the Video Vedant Fashions Limited • 21
Slide 23: Mohey Wedding Wear Campaign
Mohey “Wedding Wear” Campaign A group of women in traditional dresses A person in a yellow dress holding a red umbrella Description automatically generated Description automatically generated Please click to play the Video Vedant Fashions Limited • 22
Slide 24: Twamev Wedding Campaign 'Truly You'
Twamev Wedding Campaign 'Truly You' Vedant Fashions Limited • 23
Slide 25: Celebration and Festive Wear Brand Diwas
Celebration and Festive Wear Brand “Diwas” Vedant Fashions Limited • 24
Slide 26: Mebaz Wedding Campaign You Are The Occasion
Mebaz Wedding Campaign “You Are The Occasion" Please click to play the Video Vedant Fashions Limited • 25
Slide 27: Financial Summary
Financial Summary
Slide 28: Long Track Record of Strong Growth Trajectory
Long Track Record of Strong Growth Trajectory INR in mn Revenue & Sales of Customers Gross Profit1 EBITDA2 Sales of Customer Margins Margins 8,362 14,736 18,614 18,527 18,929 66.8% 66.9% 67.4% 67.2% 67.2% 49.9% 50.1% 50.1% 48.6% 46.6% 13,549 13,675 13,865 9,126 9,186 9,315 6,783 6,643 6,464 10,408 6
Slide 29: Awards and Accolades
Awards and Accolades 2024 2015 2021 2019 “India Retail Champions Award” “National Retailer of the Year” “Transformational Contribution to Indian 4th Annual Indian Retail & Indian eRetail RAI Category “Most Admired Retailer of the year Apparel and Retail Industry” Awards Apparel & Lifestyle category
Slide 30: Glossary
Glossary Term Description Company Vedant Fashions Limited The report titled “Assessment of the apparel industry with a special focus on Indian wedding and celebration wear market in India” dated Sep-2021 as updated Crisil Report by the addendum dated December 2021 prepared by CRISIL EBO Exclusive br
Slide 31: Company and Investor Relations contacts
COMPANY : Vedant Fashions Limited CIN : L51311WB2002PLC094677 Investor Relations Team investor.relations@manyavar.com investor.relations@manyavar.com www.vedantfashions.com www.vedantfashions.com INVESTOR RELATIONS ADVISORS : MUFG Intime India Private Limited A part of MUFG Corporate Markets, a divi