V-Guard Industries Limited · NSE:VGUARD
V-Guard Industries — Q4 FY2014 Earnings Presentation
15 slides from V-Guard Industries's earnings presentation, 2014
Slide 1: V-Guard Industries Q4 FY2014 Earnings Presentation
V-Guard Industries Q4 FY2014 Earnings Presentation
Slide 2: Disclaimer
Disclaimer Certain statements in this communication may be ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those s
Slide 3: Table of Contents
Table of Contents Company Overview MD’s Message Financial Highlights – Q4 & full year FY2014 Segment-w ise /G eogra phica l Breakup of Revenues Outlook About V-Guard Industrie s
Slide 4: Company Overview
Company Overview • Electronics - Stabilizers, UPS and Digital UPS Comprehensive portfolio • Electricals - Pumps, House Wiring and Industrial Cables, Electric Water Heaters, Fans catering to the mass • Other products include Solar Water Heaters, Induction cooktops, Switchgears and Mixer Grinders cons
Slide 5: Managing Director's Message
Managing Director’s Message Commenting on the performance for Q4 FY2014, Mr. Mithun Chittilappilly, Managing Director – V-Guard Industries Limited said, “In a challenging consumer spending environment, we have delivered a growth of 12% in top line and bottom line this year. After two subdued quarter
Slide 6: Key Highlights – Q4 FY14
Key Highlights – Q4 FY14 • Revenues growth of 11.5% in Q4 FY14 to Rs. 422 crore – Non-South markets grew by 31% YoY and accounted for 29% of total sales in Q4 FY14 • EBITDA margins expand 330 bps YoY to 8.7% in Q4 FY14 – Ad expenditure to sales at 3.4% in Q4 FY14 vs. 6.3% in Q4 FY13 as planned • PAT
Slide 7: Financial Highlights (Q4 FY2014)
Financial Highlights (Q4 FY2014) Total Income (Rs. crore) Expenditure (Rs. crore) 379 422 362 390 Q4 FY13 Q4 FY14 Q4 FY13 Q4 FY14 EBITDA (Rs. crore) PAT (Rs. crore) 37 21 21 9 Q4 FY13 Q4 FY14 Q4 FY13 Q4 FY14 Key ratios (%) Q4 FY14 Q4 FY13 EBITDA Margin 8.7% 5.4% Net Margin 4.8% 2.4% Gross Margin 24.
Slide 8: Financial Highlights (FY2014)
Financial Highlights (FY2014) Total Income (Rs. crore) Expenditure (Rs. crore) 1,518 1262 1407 1,360 FY13 FY14 FY13 FY14 EBITDA (Rs. crore) PAT (Rs. crore) 127 114 70 63 FY13 FY14 FY13 FY14 Key ratios (%) FY14 FY13 EBITDA Margin 8.4% 8.3% Net Margin 4.6% 4.6% Gross Margin 26.1% 25.5% Ad Expenditure
Slide 9: Financial Highlights – B/S Perspective
Financial Highlights – B/S Perspective Balance Sheet Snapshot (Rs. crore) 31 March 2014 31 December 2013 31 March 2013 Net worth 318.4 312.9 261.3 Total debt 108.4 117.7 165.4 o Working capital 77.4 77.1 133.4 o Term loan 31.0 40.6 32.0 Acceptances 101.3 84.5 94.9 Fixed Assets 169.7 167.3 146.9 Key
Slide 10: Segment-wise Breakup of Revenues – Q4 FY14 vs Q4 FY13
Segment-wise Breakup of Revenues – Q4 FY14 vs Q4 FY13 Q4 FY2014 Q4 FY2013 Segment Products Contribution (%) Contribution (%) YoY growth (%) (Rs. cr.) (Rs. cr.) Stabilizers 66.5 15.7% 57.9 15.3% 14.8% Electronics Standalone UPS 8.2 1.9% 11.5 3.0% -29.3% Digital UPS 41.5 9.8% 57.7 15.2% -28.0% Segment
Slide 11: Segment-wise Breakup of Revenues – FY14 vs. FY13
Segment-wise Breakup of Revenues –FY14 vs. FY13 FY2014 FY2013 Segment Products Contribution (%) Contribution (%) YoY growth (%) (Rs. cr.) (Rs. cr.) Stabilizers 266.4 17.6% 237.8 17.5% 12.0% Standalone UPS 36.3 2.4% 48.3 3.6% -24.9% Electronics Digital UPS 147.7 9.7% 173.3 12.7% -14.7% Segment Total
Slide 12: Geographical Breakup of Gross Revenues
Geographical Breakup of Gross Revenues Q4 FY2014 Contribution Q4 FY2013 Contribution YoY growth Region (Rs. cr.) (%) (Rs. cr.) (%) (%) South 301.6 71% 287.7 75% 5% Non-South 125.1 29% 95.7 25% 31% Total Gross 426.7 100% 383.5 100% 11% Region FY2014 Contribution FY2013 Contribution YoY growth (Rs. cr
Slide 13: Outlook
Outlook • Household consumption expected to grow at a significant pace over the next five years • Expansion of construction activity in South India Strong demand outlook • Investments towards establishing strong dealer network in non-South markets over the last 3 years Leveraging investments • Avera
Slide 14: About V-Guard Industries
About V-Guard Industries V-Guard Industries Limited (BSE:532953, NSE: VGUARD) is a Kochi based company, incepted in 1977 by Kochouseph Chittilapilly to manufacture and market Voltage stabilizers. The Company has since then established a strong brand name and aggressively diversified to become a mult
Slide 15: Thank You
THANK YOU