Slide 1: Globus Spirits Limited Q4 & FY12 Result Presentation
Globus Spirits Limited Q4 & FY12 Result Presentation
Slide 2: Safe Harbour
Safe Harbour No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after t
Slide 3: Table of Content
Table of Content Title Slide No. Company Overview 4 The 360O Way 5 Our Strengths 6 Demonstrated Track Record 7-8 Key Highlights 10-11 Management’s Message 12 FY12 Financials 13 Q4 FY12 Financials 14 Balance Sheet Snapshot 15 Business Overview 16-17 Outlook 18 About Us & Investor Contacts 19
Slide 4: Globus Spirits Ltd – Company Overview
Globus Spirits Ltd – Company Overview Decades of management experience in this Sales & Capacity Utilization sector led by the promoter Mr. Ajay Swarup 8.00 7.14 100% Only company to have a 360o presence, offering 6.00 5.22 80% products across the value chain 3.84 60% 4.00 2.81 Strong consumer
Slide 5: The 360o Way
The 360o Way A Unique Model Perfected by Globus – Straddles the entire value chain in alcohol Enables Globus to capture margins across the value chain Allows the company to secure economies of scale in production Insulates the Company from any risk in the movement of prices, important in curre
Slide 6: Our Strengths
Our Strengths • Only Company in the Alcobev industry to straddle across all 4 segments of the value chain 360o Business Model • Insulates from risk in price movement of any one of the products • Enables leveraging growth opportunities across all segment • Undisputed leader in North India with over a
Slide 7: Demonstrated Track Record
Demonstrated Track Record Total Income from Operations (Rs. Million) EBIDTA (Rs. Million) 6,000 5,574 800 750 700 652 5,000 3,835 600 4,000 500 400 3,000 2,650 400 1,971 286 300 245 2,000 1,569 200 1,000 100 0 0 FY08 FY09 FY10 FY11 FY12 FY08 FY09 FY10 FY11 FY12 PAT (Rs. Million) EPS (Rs.) 500 20 17.
Slide 8: Demonstrated Track Record
Demonstrated Track Record ROCE (%) RONW (%) 50% 40% 42.3% 34.9% 41.0% 35% 40% 30% 26.2% 31.3% 24.3% 30% 27.7% 25% 21.6% 20.8% 20% 17.9% 20% 15% 10% 10% 5% 0% 0% FY08 FY09 FY10 FY11 FY12 FY08 FY09 FY10 FY11 FY12 Debt to Equity (x) Debt to EBIDTA (x) 0.5 1.6 0.4x 1.3x 0.4 1.2 0.3x 0.3 0.3x 0.7x 0.2x 0
Slide 9: Q4 & FY12 Financial Performance
6A Globus Spirits Q4 & FY12 Financial Performance
Slide 10: Key Highlights
Key Highlights IMIL volumes cross 12 million cases IMIL segment witnessed strong traction with sales crossing 12 million cases Steady increase in volumes coupled with price hike is expected to sustain growth going forward Launched ‘French Castle’ brandy Launched semi-premium brandy in the mark
Slide 11: Key Highlights
Key Highlights FY12 46.8% 15.0% 2.4% Net Sales EBIDTA PAT FY12 Performance (compared with FY11) Total income from operations higher at Rs. 5,574.2 million compared to Rs. 3,835.2 million Operating Profits rise to Rs. 749.7 million vis-à-vis Rs. 651.8 million Profit after Tax (PAT) increase to
Slide 12: Management’s Message
Management’s Message Commenting on Globus Spirit Limited’s FY12 results, Mr. Ajay Kumar Swarup, Managing Director of Globus Spirits Limited said: “We are glad to close the year on a healthy note driven by improved operational performance across most of our business segments. During the year, our IMI
Slide 13: FY12 Financials
FY12 Financials Particulars FY12 FY11 Y-o-Y Change % Income from Operations (Gross) 7,137.5 5,215.8 36.8 Less: Excise Duty Paid and Discount, 1,585.3 1,432.6 10.7 Allowance & Returns Add: Other Operating Income 22.1 52.1 (57.6) Total Income from Operations (Net) 5,574.3 3,835.2 45.3 EBIDTA 749.7 651
Slide 14: Q4 FY12 Financials
Q4 FY12 Financials Particulars Q4 FY12 Q4 FY11 Y-o-Y Change % Income from Operations (Gross) 1,967.8 1,223.8 60.8 Less: Excise Duty Paid and Discount, 404.1 344.4 17.3 Allowance & Returns Add: Other Operating Income (0.8) 14.0 -- Total Income from Operations (Net) 1,563.0 893.4 74.5 EBIDTA 182.7 171
Slide 15: Balance Sheet Snapshot
Balance Sheet Snapshot Amount in Rs. Million, unless otherwise mentioned As on As on Particulars March 31, 2012 March 31, 2011 Gross Block 3,283.9 2,564.6 Networth 2,473.1 2,085.5 Total Debt 961.9 481.3 ₋ Working Capital 488.1 326.0 ₋ Term Loan 473.8 155.4 Cash & Cash Equivalents 72.5 54.6 Net Debt:
Slide 16: IMIL & IMFL (Branded business)
IMIL & IMFL (Branded business) IMIL: FY Revenues and Volumes IMFL*: FY Revenues and Volumes 4,000 12.4 14 600 0.71 0.8 12 0.7 0.56 3,000 8.8 10 0.6 400 0.5 8 2,000 573 0.4 3,439 6 525 200 0.3 2,429 4 1,000 0.2 2 0.1 0 0 0 0 FY11 FY12 FY11 FY12 Sales (Rs. Mn) Volumes (Mn. Cases) Sales (Rs. Mn) Volume
Slide 17: Franchisee IMFL & Bulk Alcohol
Franchisee IMFL & Bulk Alcohol Franchisee IMFL*: FY Revenues and Volumes Bulk Alcohol: FY Revenues and Volumes 1,400 1.76 2 1,200 30 24.04 1,200 1,000 21.42 25 1,000 1.26 1.5 800 20 800 1 600 15 600 1,289 1,331 1,005 400 744 10 400 0.5 200 200 5 0 0 0 0 FY11 FY12 FY11 FY12 Sales (Rs. Mn) Volumes (Mn
Slide 18: Outlook
Outlook IMIL segment to ride the affordable consumption wave Branded IMFL business to witness higher volumes and profitability Capacity expansion to substantially drive volumes in FY2013 To strengthen existing alliances and add new clients in Franchisee Bottling Demand for Bulk Spirit expected to re
Slide 19: About Us
About Us Established in 1992, Globus Sprits Limited (BSE code: 533104, NSE Id: GLOBUSSPR, ISIN Id: INE615I01010) is engaged in manufacturing, marketing and sale of Indian Made Indian Liquor (IMIL), Indian Made Foreign Liquor (IMFL), Bulk Alcohol and contract bottling for established IMFL brands. The