Renaissance Global Limited · NSE:RGL
Renaissance Global — Q3 FY2025 Earnings Presentation
32 slides from Renaissance Global's earnings presentation, February 2025
Slide 1: Results Presentation Q3 & 9M FY25
Results Presentation Q3 & 9M FY25 and many more…
Slide 2: Disclaimer
Disclaimer This presentation and the following discussion may contain “forward looking statements” by Renaissance Global Limited (“Renaissance” or the Company) that are not historical in nature. These forward-looking statements, which may include statements relating to future results of operations,
Slide 3: Content
Content Q3 & 9MFY25 Company Annexure Results Overview Overview 4 15 28 3
Slide 4: Q3 & 9MFY25 Results Overview
O Renaissance Global Limited Q3 & IMFY25 Results Overview
Slide 5: Q3 & 9MFY25 Financial Summary
Q3 & 9MFY25 Financial Summary Revenue from Continuing Operations (Rs. Crore)* EBITDA from Continuing Operations (Rs. Crore)** EBITDA 7.8% 9.5% 7.1% 10.0% Margin 147.2 1,382.9 6.6% 1,473.8 111.2 18.3% 32.8% 32.3% 600.1 710.1 67.7 51.0 Q3 FY24 Q3 FY25 9M FY24 9M FY25 Q3 FY24 Q3 FY25 9M FY24 9M FY2
Slide 6: Management Message
Management Message Commenting on the performance for Q3 FY25, Mr. Sumit Shah – Chairman and Global CEO, Renaissance Global Limited said: We are pleased to report a healthy performance during the quarter, with revenues and adjusted EBITDA growing over by 18.3% and 32.8%, respectively in Q3 FY25, from
Slide 7: Strategic Investment in Jean Dousset Jewelry LLC
Strategic Investment in Jean Dousset Jewelry LLC • Strategic minority investment in Jean Dousset Jewelry LLC, a renowned jewellery designer celebrated for its bespoke craftsmanship and pioneering work in lab-grown diamond jewellery. • Founded by Jean Dousset, the great-great-grandson of legendary je
Slide 8: Growing D2C (Owned Brands)
Growing D2C (Owned Brands) India Business U.S. Owned Brands …Among others • IRASVA is a fine jewellery brand based in India. • It’s Inaugural store was launched in May 2019 in South Mumbai . • As a part of our endeavor to grow the D2C • Currently we have three stores – One store in Mumbai, branded s
Slide 9: Licensed Brands offering
Licensed Brands offering We have a bouquet of licenses from global brands. We design, manufacture and distribute jewellery using these licenses through B2B channels as well as D2C through our own websites. Specialty Jewellery Stores B2B Big departmental stores Websites owned and managed by us D2C E
Slide 10: Q3 & 9M FY25 Operational Summary
Q3 & 9M FY25 Operational Summary Revenue Break-up Q3 Q3 Shift % 9M 9M Shift % Revenue Mix (%) (₹ Cr.) FY25 FY24 Y-o-Y FY25 FY24 Y-o-Y Customer Brands Liscensed Brands Our Brands (D2C) 66.3 63.3 4.7% 158.2 140.9 12.3% Owned Brands 11% 9% 10% 11% India 7.3 6.4 13.0% 17.2 16.1 6.7% US 59.0 56.9 3.8% 14
Slide 11: Strong Balance Sheet
Strong Balance Sheet Leverage Net Debt (Rs. Cr.) Equity (Rs. Cr.) Net debt/Equity (X) Highly disciplined balance sheet approach 0.29 0.30 0.28 0.28 Net Debt to Equity ratio as of 31st Dec 2024 0.27 0.22 was at 0.14 compared to 0.28 as of 31st Dec 0.14 2023. 924 1,117 1,149 1,195 843 1,026 1,369
Slide 12: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Y-o-Y Y-o-Y Particulars (Rs. Crores) Q3 FY25 Q3 FY24 9M FY25 9M FY24 Change (%) Change (%) Revenues from Operations 710.1 655.5 8.3% 1,566.6 1,570.6 -0.3% Other Income 1.8 2.4 -25.9% 5.5 6.8 -18.6% Total Income 711.9 657.9 8.2% 1,572.1 1,577.4 -0.3% COGS 518.6 46
Slide 13: Adjusted Financial Performance
Adjusted Financial Performance Adjusted Financial (Rs. Crores) Q3 FY25 9M FY25 Reported EBITDA 52.7 126.7 Add: Plain Gold loss - 2.1 Add: Restructuring Expenses 15.0 18.4 Adjusted EBITDA 67.7 147.2 Depreciation 3.6 11.0 Amortization 3.6 10.7 Finance Costs 11.8 34.5 Interest on Leases 1.7 5.2 PBT 47.
Slide 14: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (In ₹ Crores) Dec-24 Dec-23 Particulars (In ₹ Crores) Dec-24 Dec-23 Shareholder's Funds 1,369.4 1,117.3 Non-Current Assets Equity Share Capital 21.4 19.2 Fixed Assets – Tangible & Intangible 246.7 259.1 Reserves & Surplus 1,348.0 1,098.2 CWIP & Intangibles unde
Slide 15: Substantial Cost Savings Program
Substantial Cost Savings Program • We have launched an extensive cost optimization initiative towards the end of Q2, extending into Q3, expected to deliver annual savings of ₹40-50 crore. • This program includes: o Process Re-engineering to drive greater operational efficiency and streamline our wor
Slide 16: FY2025: Strategic Priorities
FY2025: Strategic Priorities Continued focus on enhancing contribution from D2C segment Integrate customization options across brands Expand omnichannel Presence Achieve historical margin range in the D2C business 16
Slide 17: Company Overview
iO Renaissance Global Limited Company Overview
Slide 18: Corporate Snapshot
Corporate Snapshot Global Fine Jewellery Company focused on designing, manufacturing, distribution & marketing of branded & private label jewellery 7 6 467 cr. Licensing Direct-to- Branded Strong presence in global markets of North agreements with Consumer jewellery* global brands websites revenues
Slide 19: Building a Global Branded Jewellery Business
Building a Global Branded Jewellery Business Revenue contribution from Branded Jewellery* segment in Studded Segment Association with globally-recognized brands 33% 32% 31% Increased presence in high-potential key global 25% markets Renaissance’s 21% Branded Jewellery Better pricing on the back of b
Slide 20: Branded Jewellery Business Model
Branded Jewellery Business Model Brands Click on the logo for the website link Design & Conceptualisation State-of-the-Art Manufacturing & Product Manufacturing Development Facilities Business-to- Business Direct-to- Distribution (B2B) (through retail Consumer (D2C) and jewellery store (through our
Slide 21: 'Win-Win' Partnership with Global Iconic Brands
‘Win-Win’ Partnership with Global Iconic Brands Renaissance Global Global Brands PUSH STRATEGY PULL STRATEGY Conceptualisation & design Licensing agreements Brand development Manufacturing IP rights of brands Long-term license contracts Product marketing Marketing Distribution Spec
Slide 22: Growing Portfolio of Brands - Licensed Brands
Growing Portfolio of Brands Licensed Brands Partnership with Hallmark since 2015 Licensing arrangement with Disney since 2016 with the launch of Enchanted Disney Fine jewellery Success of brand unlocked more licensing opportunities Launched Disney Jewels in October 2019 & Disney Treasures in
Slide 23: Growing Portfolio of Brands - Owned Brands
Growing Portfolio of Brands Owned Brands A Strategic minority investment in Jean Dousset Jewelry LLC in January 2025, founded by Jean Dousset, the great- great-grandson of legendary jeweler Louis Cartier a renowned jewellery designer celebrated for its bespoke craftsmanship and pioneering work in
Slide 24: Establishing High-Potential D2C Division
Establishing High-Potential D2C Division Launch Timeline Successfully developed February July November February May Dec and launched 6 online 2020 2020 2020 2021 2021 2023 stores Monthly visitors on websites grown 10x since Feb 2020 (UK) Segment enjoys higher margins and healthy working capita
Slide 25: Growth Drivers
Growth Drivers Growing high-margin branded jewellery segment Extending licensing model to newer brands Increasing use of lab-grown diamonds to prioritize focus on sustainability Widening Omni-channel distribution network Inorganic growth opportunities 25
Slide 26: Conclusion
Conclusion Play on high-potential global branded jewellery industry ‘Win-Win’ partnership with global iconic brands Footprint in huge developed & developing global markets for branded jewellery Increasing scale to drive operating leverage across distribution channels High margin & low-capital intens
Slide 27: ESG Initiatives
iO Renaissance Global Limited ESG Initiatives
Slide 28: ESG Initiatives
ESG Initiatives ENVIRONMENT SOCIAL To achieve safety, health Renaissance’s CSR POLICY and environmental covers projects through NGOs excellence in all aspects of under: business activities Medical, Health Care and Renaissance Global Ltd. Social Welfare has been awarded the ISO Educational 14
Slide 29: Annexure
») Renaissance Global Limited Annexure
Slide 30: Conference Call Details
Conference Call Details Q3FY25 Earnings Conference Call Time • 4:00 p.m. IST on Monday, February 17, 2025 To enable participants to connect to the conference call Pre-registration without having to wait for an operator, please register at the below mentioned link: Primary dial-in number • + 91 22 62
Slide 31: About Us
About Us Renaissance Global Limited (Renaissance) is a global branded jewellery player. Renaissance designs, manufactures and supplies branded jewellery across key high- potential markets in USA, Canada, UK & key Asian markets. The product portfolio encompasses Branded Jewellery & Customer Brands, w
Slide 32: Thank You
iO Renaissance Global Limited Thank You