Slide 1: Earnings Presentation Q4 and Full Year FY2018
Radico Khaitan Limited (BSE: 532497; NSE: RADICO) Earnings Presentation Q4 and Full Year FY2018
Slide 2: FY2018 Performance Highlights
FY2018 Performance Highlights High quality earnings and robust cash flows Volumes growth driven by an all round performance Total volume +6.8%; Prestige & Above +6.3% Significant profitability improvement EBITDA margins up 217 bps to 14.7% Strong cash flow generation and ongoing deleveraging Net Deb
Slide 3: FY2018 Performance Highlights: Volume and Revenue
FY2018 Performance Highlights Continued volume growth driving strong topline performance + 6.8% + 12.5% + 6.3% + 8.5% 182.60 194.98 43.06 48.45 47.49 50.46 1,679.90 1,822.77 FY2017 FY2018 Q4 FY17 Q4 FY18 FY2017 FY2018 FY2017 FY2018 Total IMFL Volume Total IMFL Volume Prestige & Above Revenue from (L
Slide 4: FY2018 Performance Highlights: Profitability
FY2018 Performance Highlights Strong profitability improvement + 27.3% + 53.8% 217 bps 197 bps 210.08 267.43 79.28 121.94 12.5% 14.7% 4.7% 6.7% FY2017 FY2018 FY2017 FY2018 FY2017 FY2018 FY2017 FY2018 EBITDA Total Comprehensive EBITDA Total Comprehensive (Rs. Crore) Income (Rs. Crore) Margin (%) Inco
Slide 5: FY2018 Performance Highlights: Borrowings and Capital Structure
FY2018 Performance Highlights Ongoing reduction in long term borrowings and improvement in capital structure ratios Net debt reduction Leverage ratio improvement Net Worth strengthened Improved working capital Rs. 215 Cr. 1.61x + 10.9% +10 784.97 569.70 3.74 2.13 1,029.89 1,142.12 47 37 Mar-17 Mar-1
Slide 6: Performance Highlights
Performance Highlights Ongoing focus on deleveraging; Total Debt reduced by Rs. 215 Cr during FY2018 Q4 FY2018 vs. Q4 FY2017 12M FY2018 vs. 12M FY2017 o Revenue from Operations (Net) of Rs. 480.76 Cr (+22.3%) o Revenue from Operations (Net) of Rs. 1,822.77 Cr (+8.5%) o Prestige & Above brands volume
Slide 7: Management Perspectives
Management Perspectives Commenting on the results and performance, Dr. Lalit Khaitan, Chairman & Managing Director said: “Radico Khaitan ended the fiscal year 2018 on a very high note. Despite several industry challenges during the first half of the year, we reported a stellar all-round performance.
Slide 8: Management Perspectives
Management Perspectives Commenting on the results and performance, Mr. Abhishek Khaitan, Managing Director said: “FY2018 was a transformational year for Radico Khaitan. After a slow start to the year, which was impacted by regulatory changes in the industry, we reported a robust top-line performance
Slide 9: Performance Overview
Performance Overview Q4 y-o-y Full Year y-o-y FY2018 FY2017 Growth (%) FY2018 FY2017 Growth (%) Operational Performance (Lakh Cases) Prestige & Above 11.30 10.21 10.7% 50.46 47.49 6.3% Regular & Others 37.15 32.85 13.1% 144.52 135.11 7.0% Total Volume 48.45 43.06 12.5% 194.98 182.60 6.8% Prestige &
Slide 10: Performance Overview
Performance Overview Q4 y-o-y Full Year y-o-y (Rs. Crore) FY2018 FY2017 Growth (%) FY2018 FY2017 Growth (%) Gross Sales 1,662.23 1,209.83 37.4% 6,270.36 4,867.95 28.8% Revenue from Operations 480.76 393.02 22.3% 1,822.77 1,679.90 8.5% Other Income 10.08 5.41 26.67 19.65 Income from Operations 490.84
Slide 11: Performance Discussion
Performance Discussion FY2018 Highlights (Y-o-Y) o Revenue from Operations (Net): Revenue from Operations during FY2018 grew by 8.5%. Total IMFL volumes increased by 6.8%. Given the recent price increases, the Company also focused on the growth in Regular category brands. Prestige & Above category b
Slide 12: Company overview
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 13: 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 14: Jaisalmer Indian craft gin
Product portfolio Jaisalmer Indian craft gin Earnings Presentation | FY2018 13 13
Slide 15: Rampur Indian single malt
Product portfolio Rampur Indian single malt Rampur Indian Single Malt Whisky: Decades of Perfection Takes forward the rich heritage of Rampur, a princely state of British India and the 75 years of distillation expertise of Radico Khaitan, the pioneers of legendary spirits in India. Aged in the footh
Slide 16: Magic Moments vodka and Magic Moments Verve
Product portfolio Magic Moments vodka and Magic Moments Verve Verve Super Premium Vodka: High on Verve Using a 5 stage filtration process with silver and platinum filters, this vodka possesses the ability to send you in trance. The tantalizing aroma of its flavor and its crisp taste enabled the succ
Slide 17: Electra ready-to-drink
Product portfolio Electra ready-to-drink Exploring the wilderness within, the quest to conquer the usual and zest to go beyond limits, is what drives non conformists. To kick the boring out of their lives we have introduced a gush of raw adrenalin for them – Electra. Electra is triple distilled and
Slide 18: Morpheus premium brandy
Product portfolio Morpheus premium brandy Earnings Presentation | FY2018 17 17
Slide 19: 1965 premium rum
Product portfolio 1965 premium rum Earnings Presentation | FY2018 18 18
Slide 20: Regal Talon whisky
Product portfolio Regal Talon whisky Regal Talons Rare Generation Whisky: Unbeatable Spirit The finest blend that combines Indian grain spirits with imported aged scotch malts to deliver an exceptional smoothness. Regal Talons has been especially made for those who believe in conquering and always e
Slide 21: Pluton Bay rum
Product portfolio Pluton Bay rum Pluton Bay Rare Exotic Rum: Spirit of Adventure A unique experience, with a perfect blend of international design and world-class packaging. Rare and smooth taste, offering a premium blend. A rich, full and spicy dark rum with caramel and spice on the nose. Smooth an
Slide 22: After Dark premium whisky
Product portfolio After Dark premium whisky After Dark Fine grain whisky: One life, many passions. Why wait? Night has different connotations for different people, it unfolds differently and brings a unique world of desire, adventure and excitement. It’s where fun and action begins and party never s
Slide 23: 8PM whisky
Product portfolio 8PM whisky 8PM Whisky: ‘Aath ke Thaath’ When the hand of the clock sweeps to 8, its time to end the wait. It unleashes a carefree streak and engulfs one into an aura of unmatched experience and true essence of ‘Aath ke Thaath’. 8PM is the flagship brand of Radico Khaitan and became
Slide 24: Contessa rum
Product portfolio Contessa rum Contessa XXX rum: For the Man of Courage Another millionaire brand from Radico Khaitan’s straddle. This brand has surpassed expectations and has garnered strong foothold in the Indian market. This rum truly reflects the real meaning of courage and the taste simply touc
Slide 25: Old Admiral brandy
Product portfolio Old Admiral brandy Old Admiral Brandy: For Real Men Only Made specially for the men with pride, honour and courage. The splendid taste of this spectacular brandy celebrates the greatness achieved and passion for all good things in life. The classic taste perfectly blended with rich
Slide 26: Statutory Results
Statutory Results Statement of Audited Standalone Financial Results for the Quarter and Year Ended March 31, 2018 Rs. In lakhs No. Particulars (1) (2) (3) (4) (5) Quarter Quarter Quarter Year Year ended ended ended ended ended 31.03.2018 31.12.2017 31.03.2017 31.03.2018 31.03.2017 (Audited) (Unaudit
Slide 27: Statutory Results
Statutory Results Statement of Assets & Liabilities under regulation 33 of the Listing Regulations Rs. In lakhs Rs. In lakhs As at March 31, As at March 31, As at March 31, As at March 31, Particulars Particulars 2018 2017 2018 2017 ASSETS EQUITY AND LIABILITIES Non-current assets Equity Property, p
Slide 28: Statutory Results
Statutory Results Quarter and Full Year Ended March 31, 2018 Notes: 1. The audited standalone financial results of the Company for the quarter and year ended March 31, 2018 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 03, 2018. The statu
Slide 29: 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 30: Radico Khaitan Limited
Radico Khaitan Limited (CIN: L26941UP1983PLC027278) J-I, Block B-I, Mohan Co-operative Industrial Area, Mathura Road, New Delhi-110044 Ph.: +91-11-40975400/5500 Fax: +91-11-41678841/42 www.radicokhaitan.com