Rattanindia Enterprises Limited · NSE:RTNINDIA
Rattanindia Enterprises — Q1 FY24 Earnings Presentation
54 slides from Rattanindia Enterprises's earnings presentation, Aug 9, 2023
Slide 1: Cover letter to stock exchanges
August 9, 2023 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex Dalal Street, Bandra (East), Mumbai – 400 001 Mumbai-400 051 Scrip Code- 534597 RTNINDIA Sub: Investors Presentation Dear Sirs/Madam, Please find attached herewith a co
Slide 2: Investor Presentation
Investor Presentation August 9, 2023
Slide 3: Disclaimer
This document contains certain forward-looking statements based on current expectations of RattanIndia Enterprises (REL) management. Actual results may vary significantly from the forward- looking statements in this document due to various risks and uncertainties. These risks and uncertainties inclu
Slide 4: Key Quarterly Highlights
Key Quarterly Highlights ❖ Revenue of REL in Q1 FY24 is Rs. 1,472 Cr (Q1 FY23 was Rs. 692 Cr) and PAT is Rs. 178 Cr ❖ Increase of 113% in Revenue over Q1 FY23 ❖ Achieved Q1 FY24 Revenue Rs.1,212 Cr vs Q1 FY23 Revenue of Rs. 688 Cr ❖ India’s no. 1 electric motorcycle company for 6 years ❖ Increase of
Slide 5: Digital ecosystems will be key drivers in India's $5 trillion economy
Digital ecosystems will be key drivers in India’s aspirations to be $5 trillion economy Enablers of India’s digital economy 1.4 86% 2.2 1 $354 billion billion billion billion People onboarded on Estimated Smartphone Bank Accounts Aspiring Indians Estimated fintech Aadhaar stack Penetration market op
Slide 6: Our philosophy on business
Our philosophy on business ⚫ New Age businesses ⚫ ESG compliant ⚫ Direct to consumer engagement ⚫ Staying away from debt-heavy businesses ⚫ Low capex ⚫ Clean tech focus ⚫ Rapid scalability ⚫ Aiming to be amongst the leaders REL is a family of strategic growth platforms 5
Slide 7: Our business interests
Our business interests Invested in the future E-commerce Electric Vehicles Drones Fintech 100% subsidiary 100% shareholding 100% subsidiary 100% subsidiary 1 Matternet2 Residual equity holding - RattanIndia Power 19.81% shareholding Note: 1. NeoSky holds 60% stake in TAS 2. Strategic investment appr
Slide 8: Advisory Board of eminent professionals
Advisory Board of eminent professionals Mr. Arun Mr. Yashish Mr. Ranu Mr. Jan Mrs. Anjali Rattan Mr. Rajiv Duggal Dahiya Vohra Preiss Nashier Rattan Chairman of ICRA Co-founder and Group Co-founder and Co-founder and CEO of Co-founder & Business Co-founder & Chairman, (A Subsidiary of Moody's CEO of
Slide 9: Our governance
Our governance Governance Statutorily committees Guided by audited by headed by Robust regulatory qualified and 50% of Board is Independent compliance competent independent Walker Chandiok Directors Advisory Board & Co LLP (GT) Audit, Nomination and Renumeration, Corporate Social Responsibility (CSR
Slide 10: Businesses of the future
Businesses of the future Smarter take on opportunities 9 9
Slide 11: E-commerce
E-commerce i us: =H 5 a: 5 3 i-4
Slide 12: Universe of possibilities: E-commerce platform
Universe of possibilities: E-commerce platform Partnering Helping vendors in MSME’s go their growth online Seller on Other online Amazon.in marketplaces Private Licensing of Brands brands Capitalizing on full potential of e-commerce universe through multi-faceted foray Drivers of growth: a) Robust I
Slide 13: Opportunity of a lifetime!
Opportunity of a lifetime! 20% 600 16% 500 250 220 500 15% 200 400 300 150 120 10% 7% 200 200 100 5% 100 50 0% 0 0 2022 2028 2023 2030 2018 2025 E-Commerce Market Penetration E-Commerce User Base (In millions) Online Shoppers (In millions) 276 100% 1400 1236 300 86% 1200 250 80% 66% 1000 200 60% 760
Slide 14: Cocoblu has the ingredients
You’ve got the recipe, Cocoblu has the ingredients. cocoblu
Slide 15: Witnessing healthy scale-up in business
Witnessing healthy scale-up in business ❖ Achieved Q1 FY24 Revenue Rs. 1,212 Cr vs Q1 FY23 Revenue of Rs. 688 Cr ❖ Increase of 76% in Revenue over Q1 FY23 ❖ Achieved average daily sales run rate of Rs 13.3 cr in Q1 FY24 vs. Rs 11.1 cr in YTD FY23, marking stability ❖ Has tied up with ~135+ Amazon fu
Slide 16: Partner Brands
Partner Brands and many more…… 15
Slide 17: Led by expert retail professionals!
Led by expert retail professionals! Housed in 26,000 sq. ft. office space in Bangalore 240+Team members With 950+ years of experience in Mr. Mouli retail Mr. Soumik Bhusan, Venkataraman, CEO With deep expertise in scaling up CFO ⚫ Alumnus of prestigious IIT Madras and brands in e-commerce ⚫ Alumnus
Slide 18: New Brands, New Beginnings
New Brands, New Beginnings 17
Slide 19: D2C Brands & Revolt Official Merchandise Launched
3 D2C Brands & Revolt Official Merchandise Launched Active Wear Denim Wear Biking Lifestyle Inspired Official Merchandise Casual Clothing 18
Slide 20: Neobrands launched new D2C fashion brands
Neobrands launched 3 new D2C fashion brands Inkd: Stylish Denim Wear Fyltr: Solid-Colored Casuals A denim- wear brand with a total of ~90 styles A casual brand offering a wide range of options in solid colours A range of T-shirts, Shirts, Tops, Shorts, Khakis For both Men and Women and more for b
Slide 21: Neobrands launched new D2C fashion brands
Neobrands launched 3 new D2C fashion brands Pump’d: Trendy Athleisure Revolt: Official Merchandise An active wear brand with a wide range of 150 Official merchandise – Range of casual tees styles A range for both men and women with tanks, tees, Biking lifestyle inspired tees in 14 style options leg
Slide 22: Neobrands: New brands, new beginnings!
Neobrands : New brands, new beginnings! 21
Slide 23: India's no. 1 electric motorcycle company for 6 years
India’s no. 1 electric motorcycle company for 6 years 22
Slide 24: Industry Dynamics!
Industry Dynamics! India’s EV penetration EV sales in India recorded Y-o-Y 93% growth in FY2023 to reach 8.3 lakhs units 2-wheelers 4-wheelers ⚫ Electric two-wheeler sales in India reached to 7,26,841 units (Y-o-Y 185%) in FY2023. 80% ⚫ Indian EV market, valued at $3 billion in 2022, is expected to
Slide 25: E-mobility value chain revenue pool to reach $100 billion
The e-mobility value chain revenue pool is estimated to reach up to $100 billion in FY30! EV revenue pools along e-mobility value chain (2030, $B) 7-9 Total ~$100B 10-13 7-11 40-51 6-8 1-2 5-6 100% % Share 90% 3W: 4 80% 2CV: 2 70% 2W: 33 60% 4W: 41 50% 40% 30% 20% 10% 0% EV auto Other Components Bat
Slide 26: Key technical features
RV 400, India’s most advanced AI enabled, nextgen electric motorcycle Key technical features Mobile touch-based operations: Start, Stop, Historical ride data – past rides, Centre of Gravity & Weight Locate, Lock, Unlock, Hazard Geofencing alerts kilometres, routes, battery High strength cradle frame
Slide 27: Aggressive growth in dealerships!
Aggressive growth in dealerships! HQ and Factory : Manesar, Haryana ❖ Increased the dealer stores from 32 to 58, signed up another 79 Faridabad dealerships which are in the process of being activated Delhi Noida Jaipur ❖ Reach increased by 19 cities in Q1 Lucknow Patna Guwahati Agra Ahmedabad ❖ Deal
Slide 28: The Revolt Advantage!
The Revolt Advantage! Customizable riding Eco-friendly Cost-effective Low maintenance Regenerative braking modes AI enabled data No special charging Achieved 100% Highly responsive Strong brand recall analytics infra required localization customer service With presence in 47+ cities, Revolt now offe
Slide 29: Revolt official merchandise launched!
Revolt official merchandise launched! Official merchandise Biking lifestyle inspired Tees made with premium Range of casual tees tees in 14 style options fabrics, versatile enough to double up as casual wear Revolt (merchandise), brand store @ www.amazon.in/revolt 28
Slide 30: Happy Revolters Pan India!
Happy Revolters Pan India! 29
Slide 31: Sky-High Opportunity
h wy NEOSKY. Sky-High Opportunity
Slide 32: Drones: Sunrise Industry
Drones: Sunrise Industry Global Hub: Market Size : Govt. aims to create India a Drone market is projected to be global hub by 2030 for not only Rs. 1,66,500 by FY2028. drone manufacturing, but also drone service sector. 1,80,000 1,66,500 1,60,000 1,40,000 1,20,000 Rs. Crores 1,00,000 Preference: 80,
Slide 33: NeoSky aims to be a full-line drone player!
NeoSky aims to be a full-line drone player! Purpose Consumer drones A Drone in every Indian house. Enterprise drones Enhance productivity & safety. Defence drones Serving the nation, saving precious lives. Drone Pilot Training Upskill the Indian youth Drone Tech and Data driven, Customised solutions
Slide 34: NeoSky started Drone pilot training batches
NeoSky started Drone pilot training batches • NeoSky received Drone pilot license (RPTO) from DGCA in Q1 FY’24 • NeoSky started the classes to aspiring students and successfully issued the NeoSky and DGCA license • NeoSky will conduct customized courses , along with the standard DGCA- Certified cour
Slide 35: DOPO completed Stage-II type-certification
DOPO completed Stage-II type-certification • DOPO completed Stage-II of the ‘type certification’, Final certification process is on- going • DOPO, best-in-class, within the rotorcraft category • DOPO comes in multiple variants – DOPO-MS, DOPO with PPK, DOPO-Multispectal • Targeted industries: Mappin
Slide 36: Nimble-i is inducted into the Indian Army
Nimble-i is inducted into the Indian Army • Nimble-I is the most affordable surveillance drone from the company and one of the best performing drones in the Micro-UAV category • Key target segments for Nimble-I includes Defense, Paramilitary, Police, Enterprise, Private security • Nimble-I makes its
Slide 37: Existing Product Portfolio
Existing Product Portfolio TACT Nimble-i L20, L15 & L10 Defender Surveillance, Disaster Affordable surveillance. 4K Cargo delivery. Payload Defence. Anti-drone with a management. Endurance Camera with 25 fps & 6X of up to 20 kgs. soft-kill approach. Lock- of up to 60 minutes. Live Zoom. Endurance o
Slide 38: Our team in action!
Our team in action! • Throttle Aerospace Systems (TAS) team has been conducting successful demos, trails & tests of its products across the country • The clients include Armed forces, Paramilitary, Police and Enterprise clients • Our team participated in the recent ‘8th international police expo’ ev
Slide 39: Highly experienced leadership team!
Highly experienced leadership team! Sarath Chandra Gudlavalleti, Peeyush Kumar, Business Head, Niraj Kr Sahay, Chief Innovation Wing Commander CEO CONSUMER DRONES Officer, Consumer Drones Somasundaram (RETD) • Alumnus of prestigious XLRI, Jamshedpur. • Indian Airforce (IAF) veteran for • Industry ve
Slide 40: India's premier, all-digital, one-stop financial solution provider
India’s premier, all-digital, one-stop financial solution provider
Slide 41: Vibrant retail credit industry
Vibrant retail credit industry Market size: Growth of: Credit Demand Growth: INR 174 Lakh Crore1 (Lending market in India in Mar 2022) 11.1%* 54% CAGR 2021-22 2018-22 RETAIL MARKET SEGMENTS % Home Loans 29.9% Agri Loans 9.4% Increasing frequency of consumers checking Personal Loans 9.3% their credit
Slide 42: Fintech Market opportunity!
Fintech Market opportunity! Fintech industry is expected to grow at 42% CAGR from 2022 -28, crossing USD 350 billion. 400 354.3 350 India’s Fintech industry has significant market potential due to low penetration of 300 financial services in remote areas, rise in digital adoption and government init
Slide 43: Digital penetration in India
Digital penetration in India 1.40bn Population of India 845 mn Population of India on Digital 236 mn Population of India on Digital 25-54 yr. Population of India on Digital 78.5Mn 78.5 mn 25-54 yr. who have explored Digital Retail Lending Products online India uniquely poised to realize democratizat
Slide 44: Opportunity is ripe for digital first models
Opportunity is ripe for digital first models 2W loans (in INR Cr.) Personal Loan (in INR Cr.) Credit Card Issuances (in Lakhs) 23% 49,688 5,24,224 243% 47% 160 40,306 109 2,15,602 FY18 FY22 FY18 FY22 FY18 FY22 Home loans (in INR Cr.) Business loans (in INR Cr.) 7,35,842 1,73,104 34% 10% 5,48,899 1,5
Slide 45: Opportunity is ripe for digital first models
Opportunity is ripe for digital first models Consumer credit to grow at approximately 13% CAGR, NBFCs* & Fintechs^ to play role in increasing share of partially contributed by growth in Fintech formal credit across MSME segments Consumer credit - split by lender type ($B) MSME credit - split by lend
Slide 46: Wefin - One stop solution for every financial need!
Wefin - One stop solution for every financial need! • Access via App/ Website • Real-time Personalized Offers • Real time approval • Personal Loans and disbursal • Two-wheeler loans • Business Loans Marketplace • Free Credit Score • Credit Cards • Insurance Sales and for anything Check • Bill disc
Slide 47: Actualizing the opportunity
Actualizing the opportunity Strengths of Wefin’s business model ❖ 31+ relationships with banks, NBFCs and Fintech integrated with Wefin ❖ Wefin provides two-wheeler loans for 34 OEMs having 1,444 models ❖ Number of Loans Disbursed till date: 22727+ • No Capital at risk ❖ Number of Credit Cards Issue
Slide 48: Partners for Success!
Partners for Success! and many more…… 47
Slide 49: Residual equity in historical business
Residual equity in historical business 48
Slide 50: Best-in-class operations
Best-in-class operations Fully functional, Robust Amravati asset operational running metrics profitably Assured raw Current position material linkages in MOD stack offer insurance ensures high PLF against fluctuations 49
Slide 51: Strong Performance
Strong Performance • The Company continues to demonstrate strong financial performance. • Company clocked total income of Rs. 942 Cr in Q1 FY 24 Vs Rs. 924 Cr in Q1 FY 23 • Amravati Plant remains amongst the best performing plants in Maharashtra having achieved 84% PLF and 87% Availability till June
Slide 52: Brief update on 1350 MW Sinnar, Nasik Power Plant
Brief update on 1350 MW Sinnar, Nasik Power Plant • STPL is working closely with the Government, various departments and lenders to work out a potential resolution plan • Accordingly, Sinnar Thermal Power Limited (STPL), a subsidiary of RPL, is in active discussions with all the stakeholders of the
Slide 53: Investor connect
Investor connect Investor-relations@rattanindia.com 52
Slide 54: Thank You
ENTERPRISES RattanIndia
RattanIndia Enterprises — Q1 FY24 Earnings Presentation on 6ix