Corporate Presentation. Fiscal 2018

Size: px

Start display at page:

Download "Corporate Presentation. Fiscal 2018"

Benedict Goodwin
5 years ago
Views:

1 Fiscal 2018

Table of Contents 1 2 3 Business Overview

2 Table of Contents Business Overview Operating & Financial Summary Key Financials

3 1 Business Overview

4 Key Product Categories Foods Non-Foods (FMCG) General Merchandise & Apparel Share of Revenue Share of Revenue Share of Revenue FY17 FY18 FY17 FY18 FY17 FY % % % % % % Dairy Staples Groceries Bed & Bath Toys & Games Crockery Home Care Snacks Frozen Products Processed Foods Plastic Goods Garments Beverages and Confectionery Fruits & Vegetables Personal Care Toiletries Other over the counter products Footwear Home Appliances 4

Cluster Based Expansion Strategy Continues Maharashtra (1) 2002-03 1 Store NCR (1) Rajasthan (3) Gujarat (29) Madhya Pradesh & Chhattisgarh (5) NCR (1) Rajasthan (5) Gujarat (30) Punjab (3) Madhya

5 Cluster Based Expansion Strategy Continues Maharashtra (1) Store NCR (1) Rajasthan (3) Gujarat (29) Madhya Pradesh & Chhattisgarh (5) NCR (1) Rajasthan (5) Gujarat (30) Punjab (3) Madhya Pradesh & Chhattisgarh (9) Gujarat (14) Maharashtra (34) Karnataka (3) Andhra Pradesh & Telangana (4) 55 Stores Daman (1) Maharashtra (60) Karnataka (11) Tamilnadu (1) Telangana (14) Andhra Pradesh (6) 131 Stores Daman (1) Maharashtra (62) Karnataka (12) Telangana (19) Andhra Pradesh (10) Tamilnadu (3) 155 Stores Numbers in bracket represent stores in that particular state 5

6 Year Wise Store Additions Total stores FY13 6

7 2 Operating & Financial Summary

8 (mn sq ft) (INR) (%) Operating & Financial Summary Total Bills Cuts (in Crs) Like For Like Growth (24 Months)* % % 20% 10% 26.1% 22.4% 21.5% 21.2% 14.2% 1 0% Retail Business Area at Fiscal End *: LFL growth means the growth in revenue from sales of same stores which have been operational for at least 24 months at the end of a Fiscal #: Annualized revenue from sales calculated on the basis of 365 days in a year (on standalone basis) divided by Retail Business Area at the end of fiscal ,000 30,000 25,000 20,000 15,000 10,000 5,000 0 Revenue from Sales per Retail Business Area sq ft # 23,419 26,388 28,136 31,120 32,719 8

9 (INR Crs (INR Crs) (INR Crs) INR Crs Operating & Financial Summary (Cont d.) Revenue from Operations EBITDA^ & EBITDA Margin 4,670 6,419 8,575 11,881 15,009 1,500 1, % 7.1% % % % 1, % 8.0% 6.0% 4.0% 2.0% 0 0 EBITDA EBITDA margin (as % of Revenue from Operations) 0.0% PAT & PAT margin Net Cash flow from Operations % 3.3% % % % % 4.5% 3.5% 2.5% 1.5% 1, PAT PAT margin (as % of Total Income) 0.5% 0 ^ EBITDA = Profit / (Loss) before Taxation + Depreciation and amortisation + Finance Costs - Other Income * Revenue from operations is including other operating income and excluding other income 9

10 (%) ,194 1,177 1, ,512 (INR Crs 3,837 4,643 Operating & Financial Summary (Cont d.) Days Inventory & Days Payables Debt and Equity Days Inventory Days Payables 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1, Total Debt Equity Debt/ Equity x 13x 10x 8x 5x 3x 0x Fixed Asset and Inventory Turnover Ratio Fixed Asset Turnover Inventory Turnover Ratio * Fixed Asset Turnover = Revenue from Operations/Total Fixed Assets ^ Inventory Turnover Ratio = Revenue from Operations/Average Inventory Days Inventory = (Average Inventory / COGS)*365 ; Days Payables = (Average Payables / COGS)*365 Return on Net Worth and Return on Capital Employed 30% 25% 20% 15% 10% 5% 0% 20.2% 21.0% 18.4% 19.7% 23.8% 23.5% 27.6% 27.7% 23.2% 18.5% Return on Net Worth Return on Capital Employed Debt = Short term borrowings + Long term borrowings + Current portion of Long Term Debt Return on Net Worth = Net profit after tax / Average Net Worth, (Return on Capital Employed = EBIT / (Avg Debt + Avg Equity Avg Cash Avg Current Investment) * Proceeds from IPO received on 18 March 2017 has not been considered for calculation purpose for FY17 10

11 3 Key Financials

12 Key Financials Standalone Balance Sheet INR Lakhs As at 31st March, 2018 As at 31st March, 2017 Assets Non-current assets (a) Property, plant and equipment 3,23, ,51, (b) Capital work - in - progress 14, , (c) Investment properties 1, , (d) Intangible assets (e) Financial assets (i) Investments in subsidiaries and an associate 12, , (ii) Other non-current financial assets 4, , (f) Other non - current assets 8, , ,66, ,83, Current assets (a) Inventories 1,14, , (b) Financial assets (i) Investments 5, (ii) Trade receivables 3, , (iii) Cash and cash equivalents 6, , (iv) Bank Balances other than cash and cash equivalents 49, ,85, (v) Other financial assets 7, , (c) Other current assets 7, , ,94, ,96, Total assets 5,61, ,80,

13 Key Financials Standalone Balance Sheet (Cont d.) INR Lakhs As at 31st March, 2018 As at 31st March, 2017 Equity and liabilities Equity a) Equity share capital 62, , b) Other equity 4,01, ,21, ,64, ,83, Liabilities Non-current liabilities (a) Financial liabilities (i) Borrowings 24, , (ii) Other non - current liabilities (b) Deferred tax liabilities (net) 4, , , ,03, Current liabilities (a) Financial liabilities (i) Borrowings , (ii) Trade payables 31, , (iii) Other financial liabilities 33, , (b) Other current liabilities 1, , (c) Provisions 1, , , Total equity and liabilities 5,61, ,80,

14 Key Financials Standalone Income Statement INR Lakhs Year ended 31st March, 2018 Year ended 31st March, 2017 Income Revenue from operations 15,00, ,88, Other income 7, , Total Income 15,08, ,91, Purchase of stock-in-trade 12,86, ,36, Changes in inventories of stock-in-trade (21,387.60) (27,295.94) Employee benefits expense 27, , Finance costs 5, , Depreciation and amortisation expense 15, , Other expenses 74, , Total expenses 13,88, ,16, Profit before Tax 1,19, , Tax expense Current tax 41, , Adjustment of tax related to earlier periods (49.34) Deferred tax charge (544.64) 1, Total income tax expenses 41, , Profit for the year 78, , Other comprehensive income Items that will not be reclassified to profit or loss Re-measurements gains/(loss) on defined benefit plans (79.92) Less : Income tax effect (41.41) Net other comprehensive income not to be reclassified to profit or loss in subsequent period (52.26) Total comprehensive income for the year 78, ,

15 Thank you!

Fis i ca c l a l C r o po p r o a r t a e t e Pre r s e en e t n a t t a io i n

Fis i ca c l a l C r o po p r o a r t a e t e Pre r s e en e t n a t t a io i n Corporate Presentation Fiscal 2017 Table of Contents 1 2 3 Business Overview Operating & Financial Summary Key Financials Corporate Presentation 1 Business Overview Key Product Categories Foods Non-Foods