PC Jeweller Ltd. · NSE:PCJEWELLER
PC Jeweller — Q1 FY2014 Earnings Presentation
11 slides from PC Jeweller's earnings presentation, Aug 7, 2013
Slide 1: PC Jeweller Limited Q1 FY 2014 Results Update
PC Jeweller Limited Q1 FY 2014 Results Update 7th August 2013
Slide 2: Disclaimer
Disclaimer Certain statements are included in this release which contain words or phrases such as “will,” “aim,” “will likely result,” “believe,” “expect,” “will continue,” “anticipate,” “estimate,” “intend,” “plan,” “contemplate,” “seek to,” “future,” “objective,” “goal,” “project,” “should,” “will
Slide 3: Business Update – Opened 6 showrooms in Q1 FY14
Business Update – Opened 6 showrooms in Q1 FY14 Jabalpur, Madhya Pradesh Shri Ganganagar, Rajasthan Ahmedabad, Gujarat (5,000 Sq. Ft.) (5,300 Sq. Ft.) (7,800 Sq. Ft.) Vadodara, Gujarat Hisar, Harayana Paschim Vihar, New Delhi (7,800 Sq. Ft.) (3,400 Sq. Ft.) (3,900 Sq. Ft.) Today, PCJ has 36 Showroom
Slide 4: Q1 FY 2014 Results Analysis
Q1 FY 2014 Results Analysis Revenue – Rs. 13,790 mn PC Jeweller Limited 85.42 % 14.58 % Domestic Sales Export Sales Revenue – Rs. 11,780 mn Revenue – Rs. 2,010 mn Approx. Gross Margins – 15.00% - 16.00% Approx. Gross Margins – 9.00% - 10.00% 73.9% 25.7% 0.4% Gold Jewellery Diamond Jewellery Other Je
Slide 5: Retail Sales Analysis (Quarterly Trend)
Retail Sales Analysis (Quarterly Trend) Q1 FY 14 Q4 FY 13 Operational stores as on 36 30 Total Domestic Sales (Rs. mn) 11,780 8,848 Volume of Gold sold (Kgs.) 2,987.86 2,195.51 Percentage of Diamond jewellery sold 25.72 % 32.15 % Number of JFL customers 52,766 54,904 Amount (Rs. mn) 995.55 988.18 `
Slide 6: Retail Sales Analysis (Yearly Basis)
Retail Sales Analysis (Yearly Basis) FY 13 FY 12 Operational stores in FY 30 24 Total Retail Sales (Rs. mn) 29,876 20,395 Stores with Annual Revenue > Rs. 1,000 mn 8 4 Stores with Annual Revenue btw Rs. 500 – 1,000 mn 15 8 Stores with Annual Revenue < Rs. 500 mn 7 12 For a store in the same city a
Slide 7: Margin Analysis
Margin Analysis Q1 FY 14 Q4 FY 13 FY 13 FY 12 Particulars (3 months) (3 months) (Annual) (Annual) Revenue from Operations 13,790 11,442 40,184 30,419 Domestic Operations 85.42% 77.33% 74.35% 67.05% Export Operations 14.58% 22.67% 25.65% 32.95% Gross Margins 15.05% 15.85% 15.57% 13.86% Domestic Opera
Slide 8: Management Discussion & Analysis
Management Discussion & Analysis Credit Rating Crisil Ratings has reaffirmed our rating – Long term ratings as CRISIL A – STABLE and Short Term ratings as CRISIL A1 Debt-Equity as on 30/06/2013 is 0.23 ` 8
Slide 9: Recent Regulatory Updates
Recent Regulatory Updates New Import Policy RBI Circular dated July 22, 2013 All nominated banks/ nominated agencies will have to ensure that at least one fifth (20%) of every lot of import of gold (in any form/ purity) is exclusively made available for the purpose of export They will be require
Slide 10: Expansion Plans
Expansion Plans Jammu Agra Guwahati Lucknow Patna Ahmedabad Rajkot Nagpur Kolkata Total showrooms to be opened 14 Mumbai Bhubaneswar Sites finalised ( ) 11 Hyderabad Sites under Consideration ( ) 5 Bangalore Chennai Mangalore ` 10
Slide 11: Thank You
Thank You `