Goldiam International Limited · NSE:GOLDIAM
Goldiam International — Q4 FY22 Earnings Presentation
30 slides from Goldiam International's earnings presentation, May 20, 2022
Slide 1: Investor Presentation filing letter to exchanges
goldiam J.11ttr11atio11al ltd MANUFACTURERS & EXPORTERS-OF DIAMONDS &JEWELLERY CIN :L36912MH1986PLC041203 May 20, 2022 To, To, BSE Limited National Stock Exchange of India Limited PhirozeJeejeebhoy Towers, Exchange Plaza, Dalal Street, Sandra Kurla Complex, Mumbai- 400 001. Mumbai- 400 051. Scrip Co
Slide 2: Investor Presentation May 2022
Page - 1 INVESTOR PRESENTATION May 2022
Slide 3: Q4 & FY22 Update, Company Snapshot, Investment Rationale
Page - 2 Q4 & FY22 UPDATE COMPANY SNAPSHOT INVESTMENT RATIONALE FINANCIAL SNAPSHOT COMPANY STRUCTURE & BOD
Slide 4: Q4 & FY22 Update
GOLDIAM GOLDIAM INTERNATIONAL LIMITED Q4 & FY22 Update
Slide 5: Q4 & FY22: Key Highlights (Consolidated)
Page - 4 Q4 & FY22: Key Highlights (Consolidated) In ₹ Mn Q4 FY22 YoY ANALYSIS REVENUES EBITDA & EBITDA MARGIN (%) PAT & PAT MARGIN (%) 25.9% 25.5% 14.4% 7.0% 1,585 1,318 20% 337 39 % 148 % 228 236 92 Q4FY21 Q4FY22 Q4FY21 Q4FY22 Q4FY21 Q4FY22 FY22 YoY ANALYSIS REVENUES EBITDA & EBITDA MARGIN (%) *Ad
Slide 6: FY22: Key Performance Highlights (Consolidated)
Page - 5 FY22: Key Performance Highlights (Consolidated) FINANCIAL UPDATES (CONSOLIDATED) • Consolidated Revenue during FY22 grew sharply by 72% YoY to ₹ 7,124 million, due to overall improved consumer sentiments during both festive and non-festive periods, and backed by higher US Jewellery demand f
Slide 7: Consolidated Profit & Loss Statement
Page - 6 Consolidated Profit & Loss Statement Particulars (In ₹ Mn) Q4FY22 Q4FY21 YoY % FY22 FY21 YoY% Revenue from Operations 1,585.2 1,317.5 20.3% 7,123.9 4132.2 72.4% COGS 1,085.3 822.3 32.0% 4,865.1 2,716.8 79.1% Gross Profit 499.9 495.1 10.0% 2,258.8 1,415.4 59.6% Gross Margin % 31.5% 37.6% (60
Slide 8: Consolidated Balance Sheet
Page - 7 Consolidated Balance Sheet In ₹ Mn Particulars FY22 FY21 Particulars FY22 FY21 Equities & Liabilities Assets Shareholder's Funds Non-Current Assets Equity and Share Capital 218.0 221.7 Property, Plant and Equipment 378.3 394.7 Other Equity 4,981 4,426.1 Capital Work in Progress 0.1 1.3 Non-
Slide 9: Company Snapshot
GOLDIAM GOLDIAM INTERNATIONAL LIMITED Company Snapshot
Slide 10: Goldiam International: Leading Exporter of Diamond Jewellery
Page - 9 Goldiam International: Leading Exporter of Diamond Jewellery OVERVIEW • Established in 1986, today we are supplier to leading global retailers, departmental stores and wholesalers with a diversified product portfolio of • Natural diamond jewellery • Lab grown diamonds (LGD) and jewellery •
Slide 11: Our Journey - A Constant Architect of Value Addition
Page - 10 Our Journey - A Constant Architect of Value Addition IDEATE INNOVATE IMPLEMENT 1970 - 1990 1995 - 2015 2015-2018 2018-2022 • Goldiam International started • Moving from commodity • Amongst the first jewellery • Implementation of exports of cut and polished business of diamond exporting com
Slide 12: Evolving Modus Operandi leading to Integrated Working Capital Optimisation
Page - 11 Evolving Modus Operandi leading to Integrated Working Capital Optimisation From Brick & Mortar To E-commerce & Leading to: (Traditional Business) Omni-Channel 1 Jewelry Design made by Goldiam Jewellery designs distributed on Improved Inventory 1 1 various websites and e-commerce Turnover p
Slide 13: Goldiam's Edge: Building Momentum with Strength
Page - 12 Goldiam’s Edge: Building Momentum with Strength Financial Strength Building Financial • Debt-Free Operations 1 Resilience • Cash and Cash Equivalents (including investments) over ₹2,267 (FY22) • Ability to secure Raw Material at Competitive prices due to upfront purchase Operational Streng
Slide 14: Investment Rationale
Page - 13 Investment Rationale
Slide 15: Play on Value Addition and Strong Financials
Page - 14 Play on Value Addition and Strong Financials 1. Expanding our Product Portfolio 4. Distribution Policy • With the acquisition of Eco-Friendly Diamonds • We are committed to maintain a minimum LLP (EDL), we are positioned to participate in payout ratio of 50% of the annual lab-grown diamond
Slide 16: Expanding our Product Portfolio: The Future of Diamond Industry through LGD
Page - 15 Expanding our Product Portfolio: The Future of Diamond Industry through LGD What are Lab Grown Diamonds? • Diamonds are made up almost entirely of pure carbon. LGDs man made diamonds that mirror natural diamonds. • Because of carbon atoms structures, LGD display the same chemical and optic
Slide 17: Expanding our Product Portfolio: Scaling our Business through Lab Grown Diamonds
Page - 16 Expanding our Product Portfolio: Scaling our Business through Lab Grown Diamonds Growth Opportunity of Accretive Goldiam’s LGDs Acquisition Edge • Market share of 3.1% • Acquired a 88% stake in • Introduced our first line of lab-grown diamond of overall US jewellery EDL, to integrate our j
Slide 18: Best-in-Class OEM for US Jewellery Retailers
Page - 17 Best-in-Class OEM for US Jewellery Retailers: Strengthening our Revenue Streams along with better RoE’s By keeping our philosophy of 3I’s (Ideate, Innovate and Implement) in mind, we are moving towards better margins, cost optimisation and omnichannel business models. Evolving our business
Slide 19: Digital Strategy to Widen Customer Base
Page - 18 Digital Strategy to Widen Customer Base: Shifting towards Digital Transformation to Optimize Business Market Size & E-Commerce presents opportunities to optimize Growth Drivers Inventory, increase sales, and refocus towards ROE - driven business models • Compared to other consumer products
Slide 20: Digital Strategy: Jewel Fleet – An online B2B platform
Page - 19 Digital Strategy to Widen Customer Base: Jewel Fleet – An online B2B platform For Goldiam International - E-commerce An Opportunity to Capitalise distribution, focused on • Quick Cash Conversion Cycle leads innovation and to negative working capital cycle B2B distribution Target market - a
Slide 21: Distribution Policy: Creating Consistent Value for Stakeholders
Page - 20 Distribution Policy: Creating Consistent Value for Stakeholders Our Dividend Distribution Policy ensures sustainable and consistent returns to stakeholders. Our Prudent Capital Allocation (In ₹ Mn) • Committed to wealth-creation for all our stakeholders. 165.5% 1,060.0 • Objective of Divid
Slide 22: Distribution Policy: Optimising Shareholder Value
Page - 21 Distribution Policy: Optimising Shareholder Value Consistency in Cash Profits, Low Leverage has given Consistent Shareholder Returns (In ₹ Mn) 5.2% 521.4 76.7% 75.6% 58.2% 324.1 58.3% 2.6% 3.1% 42.6% 233.9 2.6% 177.4 2.1% 68.9 37.4 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 FY22 FY1
Slide 23: Strong Balance Sheet: A Balance of Efficiency, Effectiveness and Controls
Page - 22 Strong Balance Sheet: A Balance of Efficiency, Effectiveness and Controls DISTRIBUTION POLICY NET DEBT FREE COMPANY • Committed to wealth-creation • With our prudent and conservative for all its stakeholders. approach towards financial engineering, we have remained net • Over the last five
Slide 24: Financial Snapshot
GOLDIAM GOLDIAM INTERNATIONAL LIMITED Financial Snapshot
Slide 25: Consolidated Financial Snapshot
Page - 24 Consolidated Financial Snapshot In ₹ Mn Revenue from Operations EBITDA & EBITDA Margin PAT & PAT Margin 6,877 16.2% 14.9% 6.4% 10.4% 12.4% 4,464 20.6% 21.7% 3,645 4060 3,186 12.4% 11.9% 7.9% 1,547 1,060 853 670 252 553 434 465 453 203 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18
Slide 26: Consolidated Financial Snapshot
Page - 25 Consolidated Financial Snapshot In ₹ Mn Cash & Investments as a % of Equity Return on Equity (RoE)* 62.0% 64.6% 58.6% 47.4% 43.1% 21.0% 15.0% 12.2% 11.2% 5.7% FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Leverage Analysis Working Capital Analysis 0.10 0.07 0.02 0.05 0.01 192 130 132 1
Slide 27: Company Structure & Board of Directors
Page - 26 Company Structure & Board of Directors
Slide 28: Our Group Structure
Page - 27 Our Group Structure Goldiam International Limited (Holding Company) Goldiam Jewellery Limited Goldiam USA Eco-Friendly Diamonds LLP Diagold Designs Limited SEEPZ Mumbai New York, USA SEEPZ Mumbai (Subsidiary Company) (Wholly Owned Subsidiary) (Wholly Owned Subsidiary) (88% Subsidiary) Manu
Slide 29: Our Board of Directors
Page - 28 Our Board of Directors Name of the Director Designation Description Executive Mr Rashesh Bhansali has over 28 years of rich and exhaustive experience in the field of diamonds & Rashesh Bhansali Chairman jewellery. Mr Anmol Bhansali has completed Bachelors of Science in Business Administrat
Slide 30: Thank You!
PagePage - 29 - 01 Thank You! Company Secretary Chintan Mehta/Rahul Jaju Pankaj Parkhiya IR Consultants Email: investorrelations@goldiam.com Email: goldiam@dickensonworld.com Contact Details: 022 28291893 Contact Details: 9892183389/9773264172
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