Dollar Industries Ltd - 541403 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Intimation of audio recording on Analyst(s)/Institutional Investor(s) meet i.e. ''Earnings Call''. on 15-02-202315-02-2023
15-02-2023
Q3FY23 Quarterly Result Announced for Dollar Industries Ltd.
Dollar Industries announced Q3FY23 results: Standalone Q3FY23 & 9MFY23: Total revenue for Q3FY23 & 9MFY23 stood at Rs 285.89 crore & Rs 990.94 crore as compared to Rs 382.98 crore & Rs 973.34 crore for Q3FY22 & 9MFY22 de-growth of 25.35% for Q3FY23 & growth of 1.81% for 9MFY23. Operating revenue for Q3FY23 & 9MFY23 stood at Rs 285.33 crore & Rs 987.45 crore as compared to Rs 381.49 crores & Rs 970.59 crore for Q3FY22 & 9MFY22 de-growth of 25.20% for Q3FY23 & growth of 1.74% for 9MFY23. Gross margin for Q3FY23 & 9MFY23 stood at 30.12% & 31.72% as compared to 34.20% & 35.06% in Q3FY22 & 9MFY22 EBITDA for Q3FY23 & 9MFY23 stood at Rs 19.96 crore & Rs 90.44 crore as compared to Rs 65.80 crores & Rs 164.07 crore for Q3FY22 & 9MFY22 de-growth of 69.66% & 44.87% for Q3FY23 & 9MFY23. PAT for Q3FY23 & 9MFY23 stood at Rs 8.73 crore & Rs 54.56 crore as compared to Rs 44.40 crores & Rs 108.76 crore for Q3FY22 & 9MFY22 de-growth of 80.33% & 49.83% for Q3FY23 & 9MFY23. Commenting on the results, Mr. Vinod Kumar Gupta, Managing Director, Dollar Industries Limited said, “Due to the shift in seasonality and cyclical slowdown in discretionary demand in winter products, coupled with volatile raw material prices and high-cost inventory, our Q3 sales and margin has been adversely effected. Despite all these challenges company generated a positive cash flow of Rs 98 crore from operating activities in 9MFY23 as compared to Rs 92 lacs in 9MFY22. But now things are getting stable and channel inventory has also been reduced due to low volume offtake by the business partners in this quarter. High inventory cost has also been optimized. With these, we are expecting a good demand in coming quarters due to early festival sales in quarter four. Our marketing spends have also been optimized and we don’t have any major campaigns in the coming quarter. In order to strengthen our market share, we have always been aggressive to increase our product portfolio by including a new range of products in the Women's segment and Activewear in the Premium Segment. Recently, we have launched our new product, Dollar Raincoat, under the Dollar Protect category, which will add an extra boost to the sales in coming quarters. Project Lakshya, our Flagship project, is doing well and has increased the share of revenue contribution in our sales from 7% in 9MFY22 to 17% in 9MFY23. This has led us to strengthen our sales force for smoother operations. We, at Dollar, are happy to announce that we have opened our 12th EBO on Pan India level and few more EBO’s are expected to open by Q4FY23 which will create extra demand in the D2C segment. Additionally, our E-Commerce sale has shown 16% growth in sales for 9MFY23 (YoY). We would continue to focus on increasing our distribution network, strengthening the product portfolio and keeping our supply chain robust.” Result PDF15-02-2023
Dollar Industries Ltd - 541403 - Approved Un-Audited Financial Results (Both Standalone And Consolidated) For The Quarter And Nine Months Ended 31St December 2022
Approved un-audited financial results (both Standalone and Consolidated) for the quarter and nine months ended 31st December 202215-02-2023
Dollar Industries Ltd - 541403 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper publication of un-audited financial results (both Standalone and Consolidated) of the Company for the quarter and nine months ended on 31st December 202215-02-2023
Dollar Industries Ltd - 541403 - Announcement under Regulation 30 (LODR)-Meeting Updates
Appointment of Mr. Sandip Kumar Kejriwal as an Additional Non-Executive Independent Director of the Company.14-02-2023
Dollar Industries Ltd - 541403 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation to be made at Analyst(s)/Institutional Investor(s) meet i.e. 'Earnings Call' to be held on 15th February, 2023.14-02-2023
Dollar Industries Ltd - 541403 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release in relation to the un-audited financial results (both standalone and consolidated) for the quarter and nine months ended 31st December, 2022.14-02-2023
Dollar Industries Ltd - 541403 - Board Meeting Outcome for Held On 14Th February,2023
Outcome of the Board Meeting held on 14th February,202314-02-2023
Dollar Industries Ltd - 541403 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analyst(s) / Institutional Investor(s) Meeting on Wednesday 15.02.202308-02-2023
Dollar Industries Ltd - 541403 - Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results (Both Standalone And Consolidated) Of The Company For The Quarter And Nine Months Ended 31St December 2022
Dollar Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/02/2023 ,inter alia, to consider and approve Pursuant to Regulation 29 (1) (a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, 14th February, 2023 at its registered office at Om Tower, 15th Floor, 32 J.L. Nehru Road, Kolkata- 700 071, inter-alia, to consider, approve and take on record the unaudited financial results (both Standalone and Consolidated) of the Company for the quarter and nine months ended 31st December 2022.06-02-2023