Renaissance Global Ltd - 532923 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 and 46 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, an Analyst meet of the company shall be held to discuss the results published during Q3 FY22 and path ahead with an analyst/institutional investor as per the schedule mentioned in the attached file. Renaissance Global Ltd - 532923 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we refer to our letter Ref. No.: RGL/S&L/2022/63 dated March 03, 2022 intimating about the Analyst Meet of the Company on March 04, 2022. Please refer the attachment for further details. Renaissance Global Ltd - 532923 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 and 46 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, an Analyst meet of the company shall be held to discuss the results published during Q3 FY22 and path ahead with an analyst/institutional investor as per the schedule mentioned in the attached file. Renaissance Global Ltd - 532923 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
This is with reference to our letter Ref. No.: RGL/S&L/2022/50 dated February 17, 2022, we would like to inform you that the Analyst / Investor Meeting scheduled on February 25, 2022 with ICICI Securities has been cancelled due to some exigencies. For further details please refer attached file. Renaissance Global Ltd - 532923 - Renaissance Global Ltd. Acquires Assets Of US Based Jewellery Player Four Mine Inc.
In accordance with Regulation 30 of SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015, we hereby intimate that Renaissance FMI Inc., a wholly owned subsidiary of the Company has acquired the business of Four Mine Inc. The write up on the said acquisition is enclosed herewith for the purpose of updating our investors. For further details please refer attached file. Renaissance Global Ltd - 532923 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 and 46 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, an Analyst meet of the company shall be held to discuss the results published during Q3 FY22 and path ahead with an analyst/institutional investor as per the schedule mentioned in the attached file. Renaissance Global Ltd - 532923 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
With reference to our letter Ref. No.: RGL/S&L/2022/36 dated February 02, 2022; please find enclosed herewith the transcripts of earnings Conference call on Q3 & 9M FY 2022 results of the Company, held on February 09, 2022. Q3FY22 Quarterly Result Announced for Renaissance Global Ltd.
Apparels & Accessories company Renaissance Global declares Q3FY22 result: Total Income stood at Rs. 775.0 crore higher by 26.4% Direct-to-Consumer business revenues up 77.5% to Rs. 48.9 crore EBITDA stood at Rs. 68.5 crore, with margins at 8.8% PAT improves to Rs. 33.0 crore Q3 FY22 performance overview compared with Q3 FY21: Total Income stood at Rs. 775.0 crore from Rs. 741.5 crore On a like-to-like basis*, total income growth stood at 26.4% YoY Branded Jewellery business revenues up 30.3% to Rs. 196.3 crore Direct-to-Consumer business revenues up 77.5% to Rs. 49.0 crore EBITDA at Rs. 68.5 crore as against Rs. 48.4 crore, up by 41.7% EBITDA Margins stood at 8.8% as against 6.5%, higher by 231 bps PAT, after discontinued operations, stood at Rs. 33.0 crore, higher by 29.9% 9M FY22 performance overview compared with 9M FY21: Total Income stood at Rs. 1,672.4 crore from Rs. 1,463.0 crore On a like-to-like basis*, revenue growth stood at 34.0% YoY Branded Jewellery business revenues up 38.3% to Rs. 382.9 crore Direct-to-Consumer business revenues up 123.2% to Rs. 94.3 crore EBITDA at Rs. 163.6 crore as against Rs. 81.4 crore, up by 100.8% EBITDA Margins stood at 9.8% as against 5.6%, higher by 423 bps PAT, after discontinued operations, stood at Rs. 85.1 crore as against Rs. 26.7 crore Commenting on the performance for Q3 & 9M FY22, Mr. Sumit Shah – Vice Chairman and Global CEO, Renaissance Global Limited said, “We are pleased to share that we have delivered a strong performance during the quarter on the back of improving demand environment in our key global markets of North America, Europe and Asia. Our like-to- like total income in Q3 was higher by 26% YoY and PAT expanded by 29% YoY, while 9M like-to-like total income growth stood at 34% and PAT grew by 178%. The growth was further driven by robust contribution from our high-margin branded jewellery segment and our direct-to-consumer business. The direct-to-consumer segment is a key focus area for us. We are seeing improved consumer traffic across our six websites. I am also happy to share that we are constantly witnessing healthy business from repeat customers. In the quarter, the contribution from repeat customers stood at 17% as against 15% in Q2 FY22, 14% in Q1 FY22 & average 6% in FY21. The contribution from repeat customers continues to be on an improving trend, showcasing higher costumer stickiness and brand trust. We are also happy to share that we have signed a licensing agreement with one of North America’s most popular sports leagues, National Football League (NFL) to design a unique jewellery collection. This partnership is strategic and mutually synergistic in nature and further aligns with our long- term goal to accelerate our branded jewellery business. This along with our existing strategic licensing agreements with Enchanted Disney Fine Jewellery, Hallmark, Star Wars and Disney Treasures augments our branded jewellery product portfolio and enables us to build our presence in key global geographies. Overall, we have delivered a healthy performance during the period under review. As we look ahead, there are concerns related to the third wave of COVID-19 in some of our key global markets. However, we anticipate minimal and short-lived disruption due to this surge and expect the demand environment to stabilize soon. Our business strengths such as our partnership with globally recognized brands, high expertise in conceptualization, designing & distribution of products and advanced industry know-how place us very well to tap upon the various growth opportunities in the high-potential global branded jewellery industry. All in all, we are optimistic about our growth prospects and opportunities in key international markets. Based on our strong performance for the quarter & financial year till date and in line with our dividend distribution policy, the Board has decided to declare an interim dividend of Rs. 5.5 per share” Result PDF Renaissance Global Ltd - 532923 - Board declares Interim Dividend
Renaissance Global Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 07, 2022, inter alia, has declared an interim dividend @ 55% (i.e. 5.50 per Equity Share of 10/- each) for the Financial Year 2021-22. The aforesaid interim dividend will be paid on or before March 08, 2022 by the Company. Renaissance Global Ltd - 532923 - RGL Fixes Record Date For Interim Dividend
This is to inform you that at the Board Meeting held today, the Board has declared an interim dividend @ 55% (i.e. ` 5.50 per Equity Share of ` 10/- each) for the Financial Year 2021-22. Further, we would like to inform you that pursuant to Section 91 of the Companies Act, 2013 and Rule 10 of the Companies (Management and Administration) Rules, 2014 read with Regulation 42 of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, the Board of Directors has fixed, Friday, February 18, 2022 as the 'Record Date' for closure of Register of Members and the Share Transfer Books of the Company to ascertain the entitlement of interim dividend on Equity Share Capital of the Company for the Financial Year 2021-22. Please refer attached file for further details.