Panache Digilife Ltd. · NSE:PANACHE
Panache Digilife — H1 FY2019 Earnings Presentation
31 slides from Panache Digilife's earnings presentation, Nov 16, 2018
Slide 1: Panache Digilife Limited Q2 & H1 FY19 Result Update Presentation
Panache Digilife Limited Q2 & H1 FY19 Result Update Presentation November 2018
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Panache Digilife Limited (Formerly known as Vardhaman Technology Limited; earlier Vardhaman Technology Private Limited) (the “Company”) solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or sub
Slide 3: Table Of Contents
Table Of Contents 01 Chairman’s Message 02 Consolidated Financial Highlights 03 Company Overview Business Overview 04 05 Way Forward 3
Slide 4: Chairman’s Message
Chairman’s Message “It gives me immense pleasure to share with you the performance of our Company for the second quarter and half year ended 30th September 2018. This second quarter our revenue has grown by 13.6% YoY, mainly on account of growth driven by smart computing devices business (i.e. a mix
Slide 5: Consolidated Financial Highlights
Consolidated Financial Highlights
Slide 6: Consolidated P&L Highlights – Q2 FY19 & H1 FY19
Consolidated P&L Highlights – Q2 FY19 & H1 FY19 Q2 FY19 vs. Q2 FY18 Revenue EBITDA EBITDA Margin 14% 48% 180 bps Rs. 9.06 cr Rs. 0.70 cr 7.78% H1 FY19 vs. H1 FY18 38% 180 bps Rs. 1.31 cr 6.50%
Slide 7: Consolidated P&L Highlights – Q2 FY19
Consolidated P&L Highlights – Q2 FY19 Rs. Cr Q2 FY19* Q2 FY18* YoY% Revenue from Operation 9.06 7.98 Excise Duty 0.00 0.00 Total Income from Operations 9.06 7.98 13.6% Raw material 6.37 6.12 Employee Cost 1.16 0.83 Other Cost 0.83 0.55 Total Expenditure 8.36 7.50 EBITDA 0.70 0.48 47.7% EBITDA Margin
Slide 8: Consolidated P&L Highlights – H1 FY19
Consolidated P&L Highlights – H1 FY19 Rs. Cr H1 FY19* H1 FY18* YoY % Revenue from Operation 20.13 20.46 Excise Duty 0.00 0.29 Total Income from Operations 20.13 20.17 (0.2%) Raw material 14.89 16.39 Employee Cost 2.23 1.65 Other Cost 1.71 1.18 Total Expenditure 18.83 19.23 EBITDA 1.31 0.95 37.8% EBI
Slide 9: Consolidated Balance Sheet as on 30th September
Consolidated Balance Sheet as on 30th September Rs. Cr 30th Sept’19* Rs. Cr 30th Sept’19* Equity 29.18 Non-current assets 4.48 Equity Share Capital 6.00 Property, Plant and Equipment 0.62 Other Equity 23.18 Non-current liabilities 1.16 Capital Work in Progress 0.30 Financial Liabilities Investment P
Slide 10: Consolidated Annual Financial Highlights
Consolidated Annual Financial Highlights Net Revenue (Rs. Cr )* EBITDA (Rs Cr )*/Margin 8 8.62% 6.85% 10% 7 7.53% 9% 102.50 7.49% 8% 6 7% 78.94 5 6.81 7.02 6% 4 5% 43.23 49.29 3 4% 3% 2 3.24 3.71 2% 1 1% 0 0% FY15 FY16 FY17 FY18 FY15 FY16 FY17 FY18 PAT (Rs. Cr )*/ Margin 6 5.61% 6% 5 4.69% 5% 4 4.80
Slide 11: Consolidated P&L Highlights
Consolidated P&L Highlights Rs. Cr FY18* FY17* YoY % Revenue from Operation 102.79 82.93 Excise Duty 0.29 3.99 Total Income from Operations 102.50 78.94 29.84% Raw material 88.86 65.96 Employee Cost 3.72 2.63 Other Cost 2.90 3.54 Total Expenditure 95.48 72.14 EBITDA 7.02 6.81 3.12% EBITDA Margin% 6.
Slide 12: Consolidated Balance Sheet as on 31st March
Consolidated Balance Sheet as on 31st March Rs. Cr 31st Mar’18* 31st Mar’17* Rs. Cr 31st Mar’18* 31st Mar’17* Equity 28.31 9.14 Non-current assets 4.31 3.62 Equity Share Capital 6.00 4.20 Property, Plant and Equipment 0.70 0.63 Other Equity 22.31 4.94 Other Intangible Assets 0.03 0.02 Non-current li
Slide 13: Key Return Ratios
Key Return Ratios RoCE(%) RoE (%) 48.45% 39.28% 31.89% 34.39% 32.10% 32.80% 25.00% * 16.97% * FY15 FY16 FY17 FY18 FY15 FY16 FY17 FY18 Debt /Equity 3.73 3.35 1.98 0.47* FY15 FY16 FY17 FY18 * Includes proceeds from IPO listing in FY18 ROCE = EBIT/(Total Assets-Current Liabilities); ROE= Net Profit/ Ne
Slide 14: Company Overview
Company Overview
Slide 15: Leading ICT & IoT Solution Design & Manufacturer
Leading ICT & IoT Solution Design & Manufacturer Currently focused on Smart One stop ICT & IoT Solution Business solution space Design & Manufacturing ▪ Smart Computing Hub Devices ▪ Diverse product basket ▪ GPS Telematics Solutions ▪ Caters to domestic and ▪ Retail IOT international markets ▪ Consu
Slide 16: Journey So Far
Journey So Far ▪ 15.6″ All in One Point of ▪ NSE Listing on SME ▪ Entry in IT field Sale with Windows OS Emerge Platform ▪ Launch of Thin Clients ▪ Launch of Panache Air PC ▪ Launch of Nano Series of ▪ Enters into retail ▪ Introduction of Micro Mini PC ▪ Launch of Telematics Solution PC – Squair PC
Slide 17: Business Overview
Business Overview
Slide 18: Business Overview
Business Overview Smart Computing Consumer Telematics Retail IoT Devices Retail ▪ IoT enabled devices ▪ Panache Display Division ▪ IoT ▪ IoT enabled POS devices ▪ Panache Air PCs - launched to leverage ▪ Analytics ▪ Value added products World’s Smallest strength of the ▪ Offers viable alternative wi
Slide 19: Smart Computing Devices
Smart Computing Devices Air PC Squair PC Mini PC Cloud Computing Devices ▪ Ultra slim, portable, power ▪ Ultra slim, power packed and ▪ Housed in smaller cases than ▪ Housed in smaller cases than packed pocket-sized PC with Dual Display portable device with typical desktop computers typical desktop
Slide 20: Smart Computing Devices
Smart Computing Devices Tablets Laptops All In One’s ▪ Ultra slim, portable, power ▪ Ultra slim, power packed device ▪ Slim, power packed device with packed pocket-sized Tablet with with Windows 10 Windows 10 Windows 10 ▪ Capacitive Multi Touch ▪ Capacitive Multi Touch Specifications: Specifications
Slide 21: Consumer Retail – Displays & Televisions
Consumer Retail – Displays & Televisions Available in Sizes: • 61 cm (24) • 80 cm (31.5) • 98 cm (38.5) • 101 cm (40) • 139 cm (55) Features: • HD ready to full HD LED TVs • X-Reality Picture Engine • Slim Edge and Smart Energy Saving 21
Slide 22: Telematics
Telematics Services Offered: • GPS Vehicle Tracking Services • Taxi management • STU PIS Services • Emergency response • Personnel Tracking • Asset Tracking • IoT and analytics dash boarding • Desktop, Andriod & iOS Interface Tracking Device Mole 22
Slide 23: Retail IoT
Retail IoT Panache INDI POS Features: • Integrated POS Terminals • 39.6 cm Capacitive Touch & Non Touch • Wide Range of Compute Options • Complete Range Of POS Peripherals • Fanless & Energy Saving Architecture • Toughened Glass & Rugged Design Indi POS – i720 VT300 Thermal Printer Specifications: •
Slide 24: State Of Art Manufacturing Facility
State Of Art Manufacturing Facility ▪ Anti-static environment for assembly ▪ Proximity to Port ▪ Easy availability of low-cost, skilled labour ▪ Manufacturing facility at Daman Bhiwandi – expected to Bhiwandi commence operations by FY 18-19 24
Slide 25: Awards & Recognition
Awards & Recognition Intel Awards for Star Intel Awards in Intel Awards in Intel Awards UBM CRN Excellence Achievement Innovation Category Embedded Space Awards Intel Ace New Comer Intel Star Achiever 2007 / Intel Best Innovation 2008 Innovative Design on Intel 08 Quad Core King 2008 Innovative Desi
Slide 26: Key Strategic Advantages
Key Strategic Advantages Strong Supply Chain ▪ Strategic sourcing of products through established suppliers Experienced Management team ▪ Integrated core competencies to enable effective ▪ Qualified, experienced management team with inventory and order management customer-centric approach ▪ Over a d
Slide 27: Way Ahead
Way Ahead
Slide 28: Growth Opportunities
Growth Opportunities Higher disposable incomes, access to credit Growing consumer and industrial base Growth Backed by Policy Support Drivers Driving increased innovation and R&D Expanding production & distribution facilities Source- E&Y Report, Researchandmarkets.com, IBEF, Industry Reports 28
Slide 29: Government Initiatives Supporting Investments
Government Initiatives Supporting Investments ‘Digital India ‘ National Supercomputing Mission Ending tax uncertainty Investment incentives End to inverted duty structure Free Trade Agreements ▪ Electronics manufacturing - one of the pillars of Digital Coastal Economic Zones High volume, low value I
Slide 30: Way Forward
Way Forward Developing new markets for products ▪ Consumer electronics, education solutions - target rural and semi urban areas in Maharashtra, Expand overseas operations ▪ Telematics solutions – target transportation 01 companies and educational institutions ▪ Incorporated subsidiary – Wemart Globa
Slide 31: Thank You
Thank You PANACHE PDIGI IN For further information, please contact: Company : Investor Relations Advisors : Panache Digilife Limited. Bridge Investor Relations Pvt. Ltd. Ms. Dhruti Dedhia Ms. Savli Mangle [email protected] [email protected] Ms. Jinkle Khimsaria Ms. Aesha Shah compliance@pan