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CREATIVE NEWTECH LIMITED — Interim / Quarterly Report 2023
May 27, 2023
62737_rns_2023-05-27_58b2a981-d1d7-407a-9b47-46b1f78f2cb3.pdf
Interim / Quarterly Report
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Result Update
Presentation
Q4 & FY23
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CreativeNewtechLimited
(Formerly known as Creative Peripherals and Distribution Limited)
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Disclaimer
This presentation has been prepared by Creative Newtech Limited (the “Company”), formerly known as Creative Peripherals & Distribution Ltd., solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment what so ever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.
This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.
Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statements and projections.
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Company at a Glance
Diversified Products Portfolio
- Licensee of Honeywell Inc.
2. 25+ Brands under said segments (FMSG+FMCT+FMEG+EB)
25+ 3200+ 1992 Brands Products Started Journey
3. 8000+ Trusted partners
Total 20+ branches in India
Over 300 skilled workforce across India
- 536.76 Cr 8000+ Market Happy Cap Channel Partners
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*Market Cap as on 31-03 -2023
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Business Overview
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Brand Licensing (like Jubilant food – Dominos Pizza & Page Industries – Jockey Comfort wear)
FMSG + FMCT + FMEG + EB CKart
| Brand Licensing (like Jubilant food – Dominos Pizza & Page Industries – Jockey Comfort wear) |
FMSG + FMCT + FMEG + EB | CKart | |
|---|---|---|---|
| About | • Currently Honeywell License Holder and offers a vast suite of products spanning consumer to enterprise segments -from Enhancement products for laptops, smartphones & TVs, to Audio products to Air Purifiers to enterprise class infrastructure through our Structured cabling systems offerings • More products to be added to the Honeywell portfolio • Looking to expand more categories and geography |
• FMSG: Niche Products that appeal to the younger demographics, driven by social media penetration • FMCT: This segment includes established and fast- moving consumer products that cater to personal as well as organizational demands • EB: Products supplied to enterprise in higher volumes • FMEG: Offers Electronics Goods |
• Online digital B2B eCommerce platform • Captive marketplace for subscribed business partners. • Boosts customer-base without additional manpower |
| Brands | Honeywell | Samsung, Cooler Master, Insta360, Fujifilm, Hyperice, PNY, BaByliss, Olympus, Zeiss, Transcend, Samsung CE, iBall, ViewSonic, BPL, Printronix among others |
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Exclusive trademark license from Honeywell covers 38 countries spanning South East Asia, South Asia, Middle East Asia and Africa
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• A Market entry specialist for niche brands
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- Offering experiential products and enabling niche global brands to enter and establish newer markets
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ABOUT HONEYWELL
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~$36 BILLION in sales for 2022
53% of sales outside U.S.
~1,300 Sites, ~70 Countries More Than 129,000 Employees
Charlotte, N.C. Headquarters
Fortune 100
NYSE: HON
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AEROSPACE
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PERFORMANCE MATERIALS AND TECHNOLOGIES
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SAFETY AND PRODUCTIVITY SOLUTIONS
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BUILDING TECHNOLOGIES
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WHO IS HONEYWELL?
Business Overview
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Aerospace
$11.8 Billion
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Building Performance technologies materials and technologies $6.0 Billion $10.7Billion
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Safety and productivity solutions $6.9 Billion
Great Positions In Good Industries
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Honeywell developed the first autopilot flight controller (1914), first commercial weather radar system (1954), first business jet turbofan engine (1975), and is still the leader in developing revolutionary technology for aerospace today
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Honeywell began the Smart Homes project to combine heating, cooling, security, lighting, and appliances into one easily controlled system. They continued the trend in 1987 by releasing new security systems, and fire and radon detectors.
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Honeywell is the leader in gas detection, fire systems, personal protective equipment, building controls, home comfort and security and scanning and mobility
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Honeywell’s technology is used to produce 40% of the world’s liquefied natural gas, 60% of the world’s gasoline, 70% of the world’s polyester, and 90% of the world’s biodegradable detergents
Highly Diversified, Technology-Driven Industrial Company
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GREAT POSITIONS IN DIVERSE INDUSTRIES
Automotive & Transportation
Aviation
Fire Protection Healthcare & First & Medical Responder
Buildings, Chemicals, Consumer Construction Speciality Materials & Home & Maintenance & Fertilizers
Industrial Natural Gas, Process Refining Control Petrochemicals & Biofuels
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Defence Efficiency,
& Space Energy &
Utilities
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Safety Scanning & Security & Mobile Productivity
Energy Efficiency, Clean Energy Generation, Safety & Security. Expanding Global Wealth Per Capital, and Customer Productivity
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Honeywell Exclusive rights to sell across 38 countries
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Honeywell Tough Entry Barrier & Hyper Growth Ahead
Entry Barrier
The biggest entry barrier to breakthrough in Honeywell is the long-drawn compliance process and product approval including certifications.
Approval Process
The process of getting approval for each product is time consuming and expensive.
Launch of Products
We have spent last 4-5 years in getting the approvals for the products and now we are ready to launch several new products in coming months.
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above certifications are approved
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Our Partners
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Fast Moving Social-
FMSG
Media Gadgets
Fast Moving Consumer
FMCT Technology
Fast Moving
FMEG Electronics Goods
Enterprise Business
EB
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Target addressable Market
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Growing Social Media Trend
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FMSG – Key Drivers for Growth
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The trend to capture every moment of social life and post live events has led to a multi-fold growth in personal-use, Internet connected devices
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Every millennial tends to follow multiple hobbies which has led to growth in pursuing trekking, wildlife photography/tours, sports, cooking, music etc and this has made this segment one of the fastest growing segments across globe.
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The consistent increase in sedentary work and increased health and beauty consciousness has led to an exponential increase in demand for home recovery equipment (HYPERICE) , home grooming products (BABYLISS) and Gaming accessories (Cooler Master)
Global Fitness Equipment Market
Industry has been growing substantially worldwide in recent years and mainly driven by
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Stress and sedentary lifestyle among urban $10.97 Bn population The market size
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• Rising awareness regarding was estimated fitness $10.97 Bn in 2021
$10.97 Bn
$15.25 Bn
- Expected to reach $15.25 Bn by 2026
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834
Growing Social
Media Market
Size (USD Bn)
223
160
2021 2022 2026
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Global Gaming Industry
$300 Bn
$2.7 Bn
The growth in global gaming sector has been fuelled by
- Gaming industry presently exceeds $300 Bn
Currently there are 2.7 Bn people in the gaming sector
- increasing trends of online/digital gaming, urbanisation and faster network infrastructure
CAGR 11.9%
400 Mn
- The robust growth in smartphone penetration
Over 400 Mn new gamers are likely to join by 2023
The sector is expected to grow at a CAGR of 11.9% between 2020-26
https://www.thebusinessresearchcompany.com/report/social-media-global-market-report#:~:text=The%20global%20social%20media%20market,(CAGR)%20of%2039.7%25.
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Q4 FY23 Financial Highlights – Standalone & Consolidated
| Standalone | Consolidated | • Strong sales growth | |||||
|---|---|---|---|---|---|---|---|
| INR Crore | Q4 FY23 | Q4 FY22 | YoY % | Q4 FY23 | Q4 FY22 | YoY % | driven by FMCT and EB |
| Revenue from Operations | 391.90 | 254.48 | 397.14 | 262.39 | product segments | ||
| Other Operation Income | 5.84 | 5.97 | 5.84 | 5.97 | |||
| Total Income | 397.74 | 260.45 | 52.71% | 402.98 | 268.36 | 50.16% | |
| Total Raw Material | 375.32 | 236.69 | 375.31 | 239.73 | • High demand for | ||
| Employee Cost | 3.29 | 2.85 | 3.29 | 2.85 | brands such as | ||
| Other Expenses | 7.84 | 11.84 | 12.88 | 16.51 | Samsung, Viewsonic, | ||
| Total Expenditure | 386.45 | 251.38 | 391.48 | 259.09 | Cooler Master and | ||
| EBIDTA | 11.29 | 9.07 | 24.44% | 11.49 | 9.28 | 23.92% | Honeywell |
| EBIDTA Margin % | 2.84% | 3.48% | 2.85% | 3.46% | |||
| Interest | 2.48 | 1.97 | 2.51 | 2.00 | |||
| Depreciation | 0.42 | 0.38 | 0.42 | 0.38 | • Change in product mix | ||
| Exceptional Items | 0.00 | 0.05 | 0.00 | 0.05 | impacted margins | ||
| Profit Before Tax | 8.38 | 6.66 | 8.57 | 6.84 | |||
| Tax | 2.11 | 1.66 | 2.11 | 1.66 | |||
| PAT | 6.27 | 5.00 | 25.46% | 6.45 | 5.18 | 24.55% | |
| PAT Margin | 1.58% | 1.92% | 1.60% | 1.93% | |||
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FY23 Financial Highlights – Standalone & Consolidated
- Strong sales growth driven by EB and FMCT segments
| Standalone | Consolidated | • Strong sales growth | |||||
|---|---|---|---|---|---|---|---|
| INR Crore | FY23 | FY22 | YoY % | FY23 | FY22 | YoY % | driven by EB and |
| Revenue from Operations | 1,331.76 | 919.17 | 1,376.22 | 933.88 | FMCT segments | ||
| Other Operational Income | 26.03 | 13.93 | 26.03 | 13.93 | |||
| Total Income | 1,357.80 | 933.10 | 45.51% | 1,402.25 | 947.81 | 47.95% | |
| Total Raw Materials Employee Cost Other Expenses |
1,274.80 13.70 30.68 |
857.88 11.47 33.26 |
1,296.01 13.70 47.43 |
856.52 11.47 47.20 |
• High demand for brands such as Samsung, Cooler Master, Honeywell |
||
| Total Expenditure | 1,319.18 | 902.61 | 1,357.14 | 915.19 | & ViewSonic among | ||
| EBIDTA | 38.62 | 30.49 | 26.68% | 45.12 | 32.62 | 38.31% | others |
| EBIDTA Margin % | 2.84% | 3.27% | 3.22% | 3.44% | |||
| Interest | 9.31 | 6.00 | 9.40 | 6.07 | |||
| Depreciation | 1.57 | 1.49 | 1.57 | 1.49 | • Operational | ||
| Exceptional Items | 0.00 | 0.13 | 0.00 | 0.13 | efficiencies offset | ||
| Profit Before Tax | 27.74 | 22.87 | 34.15 | 24.93 | by change in | ||
| Tax | 6.90 | 5.68 | 6.90 | 5.68 | product mix, | ||
| PAT | 20.85 | 17.19 | 21.30% | 27.25 | 19.25 | 41.56% | denting margins |
| PAT Margin | 1.54% | 1.84% | 1.94% | 2.03% | |||
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Consolidated Balance Sheet Highlights as on 31[st] March 2023
| INR Crore As on As on 31st March 2023 31st March 2022 Equity 126.16 88.37 EquityShare Capital 12.60 12.00 Other Equity 104.80 68.62 Money Received Against Share Warrant 0.00 1.65 MinorityInterest 8.76 6.11 Non-Current Liabilities 10.04 11.33 LongTerm Borrowings 9.13 10.37 Other LongTerm Liabilities 0.00 0.00 Other LongTerm Provisions 0.91 0.95 Current Liabilities 151.78 153.44 Short Term Borrowings 79.80 53.97 Trade Payables 46.88 63.87 Other Financial Liabilities 13.75 26.64 Other Current Liabilities 10.67 7.94 Short Term Provisions 0.35 0.14 Current Tax Liabilities (Net) 0.33 0.89 Total Equities & Liabilities 287.98 253.14 |
As on As on |
|---|---|
| INR Crore 31st March 2023 31st March 2022 |
|
| Non-Current Assets 9.97 10.73 |
|
| Property, Plant & Equipment 9.57 10.38 |
|
| Intangible Assets 0.14 0.19 |
|
| Non-Current Investments 0.00 0.00 |
|
| Net Deferred Tax Asset 0.25 0.17 |
|
| Long Term Loans & Advances 0.00 0.00 |
|
| Other Non Current Assets 0.00 0.00 |
|
| Current Assets 278.01 242.41 |
|
| Inventories 81.26 97.02 |
|
| Trade Receivables 92.19 84.77 |
|
| Cash & Cash Equivalents 2.59 2.86 |
|
| Bank Balances other than above 6.60 5.38 |
|
| Other Financial Assets 0.09 0.05 |
|
| Other Current Assets 95.28 52.33 |
|
| Total Assets 287.98 253.14 |
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Segmental Revenue
*Sales in Crore
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FMSG
55.94
52.27
49.31 49.87
45.76
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FMCT
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69.44
66.00
61.67
57.12
54.15
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FMEG
4.10
3.86
3.66
1.46
1.29
EB
316.50
279.81
193.32
141.11 131.97
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FMSG : Fast Moving Social-Media Gadgets FMCT: Fast Moving Consumer Technology FMEG: Fast Moving Electronics Goods EB: Enterprise Business
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High Growth, High Margin and Small Working Capital cycle - the Criteria
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Q4 FY22 Q4 FY23
12.56%
21.32%
53.78% 16.62%
70.46%
0.37%
23.50%
1.40%
FMSG FMCT FMEG EB
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Segmental Revenue FY22 vs FY23
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FY22 FY23
14.33%
20.01%
58.05% 17.93%
66.97%
20.79%
0.78%
1.15%
FMSG FMCT FMEG EB
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Quarterly Segmental Revenue YOY
*Sales in Crore
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FMSG
55.94
49.87
FMCT
66.00
61.67
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FMEG
3.66
1.46
EB 279.81
141.11
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FMSG : Fast Moving Social-Media Gadgets FMCT: Fast Moving Consumer Technology FMEG: Fast Moving Electronics Goods EB: Enterprise Business
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Annual Segmental Revenue YOY
*Sales in Crore
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FMSG FMEG
197.20 10.71
186.88 10.69
FMCT EB 921.60
246.71
194.15
542.16
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FMSG : Fast Moving Social-Media Gadgets FMCT: Fast Moving Consumer Technology FMEG: Fast Moving Electronics Goods EB: Enterprise Business
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Q4 FY23 Consolidated Financial Highlights in Charts
Sales in Crore
Revenue from Operations (in Cr)
PAT (in Cr)
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421.24
397.14
319.14
262.39
238.71
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9.10
7.69
6.45
5.18
4.03
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EBITDA (in Cr)
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13.27
12.69
11.49
9.28
7.66
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Annual Consolidated Financial Highlights FY23
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EBITDA (Rs. Cr.)
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Revenue (Rs. Cr.) EBITDA (Rs. Cr.)
1402.25
80.08%
45.12
74.15%
947.81 32.62
47.95%
18.73
526.32 16.82 38.31%
459.06 13.32
370.72
14.65% 26.28%
23.83% 11.36%
FY19 FY20 FY21 FY22 FY23
FY19 FY20 FY21 FY22 ** FY23
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PAT (Rs. Cr.)
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27.25
105.17%
19.25
9.38
7.78 41.56%
5.85
32.97% 20.66%
FY19 FY20 FY21 FY22 FY23
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Consolidated Key Return Ratios
RoE %
RoCE %
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23.88%
23.21%
18.81%
17.55%
16.00%
10.33%
FY18 FY19 FY20 FY21 FY22 ** FY23
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22.15%
20.38% 20.25%
18.82%
16.93%
14.22%
FY18 FY19 FY20 FY21 FY22 ** FY23
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Focus on improving RoCE and long-term value creation
*RoE = Net Profit/Net Worth | RoCE = EBIT/(Shareholders Fund + Long-term Borrowing + Short-term Borrowing-Non-Current Investment)
** FY21 Covid Year
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Future Ready Business Growth
Brand Licensing in New
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#1 Brand Licensing & Geographical Expansion
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Growing brand licensing line of business with long-standing association with Honeywell with extensive product portfolio
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Expanding geographically in new countries across Middle East & APAC with required approvals & certifications in place
markets
Bringing Cutting-edge Technologies through highmargin brands
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Digitizing business for optimal profitability
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#2 Diversifying product portfolio across new high-potential verticals
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Bringing diverse product ranges across various consumer verticals such as gaming & lifestyle, to stay ahead of trends
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• Focus on fast moving high-margin brands such as Cooler Master, Hyperice etc.
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Utilize & expand omni-channel network to capitalize on maximum reach across India
#3 Ckart to boost profitability & working capital
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Online B2B eCommerce platform to help expand customer-base substantially without additional manpower
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Seller module making the platform a virtually open marketplace for all supply chain partners
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With addition of new channel partners on the platform, working capital cycle to improve
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Investment Rationale
Exclusive licensee for Honeywell
Expecting significant growth from increased volumes in Honeywell Consumer products portfolio, for which it is the exclusive licensee in 29 countries spanning SAARC, the Middle East and APAC
One of India’s leading Brand Licensee and Market Entry Specialist
It is one of the few national players in the space to provide end-to-end solution from contract manufacturing to retail distribution and brand licensing
Industry experience of ~30 years
Strong return ratios
Creative Newtech has an ROCE of 20.38% and it outpaces the average of 10% earned by companies in a similar industry
Good entry point for well-known foreign brands
Provide strategic intel to foreign players to enter into Indian market
Addresses niche growing market across segments
Associated with well-known brands
Partner with Samsung, Cooler Master, BPL, Olympus, Fujifilm Instax, Hyperice, Philips, Rapoo, Insta 360, Transcend, ViewSonic, Printronix, Zeiss, BaByliss, Colorful, Edelkrone, InVue, MSI, EPSON etc.
An Omni-channel network that spans Online, offline and retail trade channels
It offers 25+ brands, 3200+ products, 8000+ happy channel partners and 50,000+ metric tons (across its product range) of monthly import and export
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Annexure
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Management Comment
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Commenting on the Company performance , Mr. Ketan Patel, Chairman & Managing Director of Creative Newtech said:
“The last fiscal year witnessed several headwinds in the form of macro-economic volatility and geo-political tensions, impacting the overall markets. However, the shift towards digital technologies continues to drive demand. Our agile business model, selective strategies and niche portfolio helped us navigate this period successfully.
In the quarter ended March 2023, our consolidated total income grew 50.2% YoY to Rs. 403.0 cr. EBITDA and PAT increased 23.9% and 24.6% YoY to Rs. 11.5 cr and Rs. 6.5 cr, respectively. This growth was mainly driven by demand for products from brands like Samsung, Honeywell, Cooler Master and View Sonic, among others. A change in the product mix had a bearing on the margins. We continue to selectively focus on key niche brands where we see scope for growth while leveraging our widespread network. During this period, we added Cricut and Razor to our brand portfolio, both of which are among leading names in their respective fields of craftwork and gaming. Our Honeywell business is also expanding as we have gained their license across 38 countries. This will help scale our business as the synergies from Honeywell start adding up. In line with our strategy, we continuously manage our brand portfolio to keep it relevant to ongoing and anticipated consumer trends. Our focus remains on keeping a lean business model and ensuring long-term, sustainable growth for all stakeholders. I would like to thank the entire team for their dedication, which drives the Company forward.”
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Management Team
Ketan Patel
A technologist with a humble background and an experience 30+ of years. With capital not an option, he had to choose a
long gestation period for success. He firmly believes that in the technology business, operating leverage is substantial but always back ended.
Purvi Patel
A woman with exceptional foresight, Purvi Patel manages Logistics, HR, Marketing, Operations and Administrative functions to enable smooth functioning of the business.
Vijay Advani
Mr. Advani is a seasoned Professional with 30+ years of experience since 1998 in Product, Sales & Operations. He looks after the complete sales of the organization and all major B2B relationships with an ease and competence like no other.
Mohit Anand
As the CEO of Secure Connection, he is responsible for all facets of the business including, Sales, Marketing, Finance & Operations. He is currently building and scaling out Honeywell licensing business in over 29 countries. Ex-Microsoft, Ex-Belkin
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Management Team
Abhijit Kanvinde
Chartered Accountant with over 25 years of strong and multiindustry experience. Worked in companies like Garnier India, Novartis Consumer Health, Shringar Cinemas, etc. He was the CFO of a listed company for over 8 years, also successfully completed two IPOs in his career.
Amol Patil
MBA in Marketing with Engineering in Electronics and Telecom, with over 20 years of experience in IT industry. Mr. Patil’s prowess lies in identifying latest market opportunities. With his excellent team management and execution skills, he is responsible for profitable management of products portfolio
Upendra Singh
Bachelor of Commerce from Ranchi University, with nearly 30 years experience in Sales & Marketing. His expertise lies in
vendor management, sales generation & market penetration. He has been in the IT hardware industry for over 11 years and he drives the national channel & corporate sales.
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Our Business - Quadrant Segmentation
We have ranked our products into Quadrants based on returns and working capital turns.
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QUADRANT 1 QUADRANT 2
HIGH MARGINS AND HIGH MARGINS AND
QUICK CYCLE MEDIUM CYCLE
QUADRANT 3 QUADRANT 4
LOW MARGINS AND LOW MARGINS AND
MEDIUM CYCLE LONGER CYCLE
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We are focussing on Quadrant 1 by dedicating our best resources towards the same.
At the same time, we are also maintaining our existing business which falls between Quadrant 2 and Quadrant 4 as it gives us visibility and foot in the door to large brands and distributors.
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Primarily Focus - Quadrant 1
For Sustainability we have adopted this strategy that we will not disrupt our current business, at the same time we are focussing primarily on Quadrant 1 business with stepby-step diverting all our incremental resources towards the same
The Quadrant1 business are primarily FMSG and Enterprise Businesses likeHoneywell, Cooler Master, ViewSonic, Fujifilm Instax, Invue, MSI, Rapoo, iBall, Insta360 etc. to name a few…
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Key Focus and Strategy Ahead
Our business model is primarily of optimizing working capital. The success of our business depends on achieving higher growth through higher margin products and quick working capital cycle
In the last few quarters we have continuously shifted our resources towards higher profit products (Honeywell, Cooler Master, Hyperice, Samsung etc.) with faster sales cycle and agile team
We gauge every opportunity through below key lenses:
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Return on Investment
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Return on Management time
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Whether it’s a Experiential Brand
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Journey so far…
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Tie-up with ZEISS to distribute binoculars & monoculars
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Licensing agreement with Honeywell for air purifiers
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Agreement with Edelkrone for videography accessories
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Listed on NSE – SME stock exchange
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Tie-up with Reliance Retail for home appliance products
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2012 - Foray into Imaging business by signing Olympus
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Forayed into gaming products under lifestyle segment
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Distribution agreement with MSi for mini-computers, and with Colorful Tech for SSDs
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2013 - Exclusive Photo Distribution from Vitec Group of Italy for Manfrotto
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Agreement with TPV Technology India for Philips Digital Signage
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Signed distribution agreement with Hyperice Inc.
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Signed agreement with Insta360 for Action cameras & Hama for Photography products.
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2013 - Exclusive distribution for 5 new global IT vendors
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Expanded Honeywell licensing agreement to Middle East & added new products
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Started as trading concern with 2 employees
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Renamed to Creative Newtech Ltd
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2015 - Reliance Digital ‘ Best Fulfillment Partner ’
- Distribution Agreement with Fujifilm for their Instax range of Cameras & accessories- Entered Retail Security segment through Exclusive Agreement with InVue
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2015 - Exclusive distribution for 8 new global brands including ViewSonic & Samsung
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Epson Dot-matrix Printer aggregator
- Signed Distribution Agreement with Lexar for Flash Memory & relevant accessories
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Agreement with Future Tech Electronics
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LED TV’s for DAEWOO, MEPL & INDICOOL brands in India
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Won distribution agreement from Cricut and with Razor Inc.
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1990s 2000-10 2012-15 2016 2017-18 2019-20 2021-23
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- Expanded gaming product vertical via agreement with Thermaltake
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Forayed into retail security
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Microsoft sub-distribution in Maharashtra & Gujarat
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Exclusive agreement with ‘ iBall’ for their products in MP & Vidarbha
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business
- Migrated to NSE Main Board
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Exclusive license for Honeywell
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Changed name to Creative Peripherals & Distribution Pvt. Ltd.
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Expanded IT, Gaming & Lifestyle segments with PNY, Cooler Master & BaByliss
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Distribution agreement with Panasonic for audio products
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Won distribution license for GoPro
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Opened branches in Pune, Bangalore and Ahmedabad
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Expanded agreement with Honeywell for Passive Cabling
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Launched B-Safe – own brand of medical products
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Launched Ckart – digital B2B platform for customers
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Epson Business Partner
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Expanded Honeywell mandate to 29 countries
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Foray into Lifestyle business
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Geographical Presence
Our Network
We are present at following Locations
Pune Varanasi Vijayawada Mumbai Ahmedabad Aurangabad Lucknow Vadodara Goa Surat Chandigarh Hyderabad Jammu Cochin Kolhapur Patna Jaipur Nagpur
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Domestic
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Pan India presence.
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• 31 branches across India.
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Over 320-strong highly skilled workforce across India – mix of young and experienced talent.
International
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Subsidiary in Hong Kong.
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• Strong distribution tie-up in Middle East.
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Expanding network across SAARC countries.
Strong network of 8,000+ partners across India
Corporate Office Branches
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Driving Social Media Transformation through Digital Offerings
Our Value Edition
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Information Network
Price
Access to
Product
Partnership
Scale
Content & What is
and Skills
needed?
Community Customer
Brand Experience
Service Omni – Channel
Strategy
Marketing
Customer
experience Contract
Customer
Manufacturing
Intimacy
2000 2024
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By 2024, Customer Experience will overtake Price & Product as the key brand differentiator, a shift that is already in progress.
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Who we are
Brand Licensing
Licensed by Honeywell for contract manufacturing
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Can manufacture and sell Honeywell branded products in many APAC countries
Rights on many product designs/casts
Aiming to get more Maintain Asset light model international brands under while expanding the business the licensing and also expand Honeywell business line
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Who we are
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FMSG + FMCT + FMEG + EB
Specialist in endWell positioned in a fast to-end solutions growing country like India with of FMSG for an aspirational young global brands in population and established India network and market reach
Portfolio of 25+ world renowned brands, most of which are market leaders in their categories
Command niche value in market
Continually Multi channel enhancing portfolio network with high-margin, high growth-potential products
FMSG : Fast Moving Social-Media Gadgets FMCT : Fast Moving Consumer Technology FMEG : Fast Moving Electronics Goods EB : Enterprise Business
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Who we are
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www.ckartonline.com
Ckart
Online digital B2B eCommerce platform
Captive marketplace for subscribed business partners
Expands the Boosts customer-base Company’s product without additional domain manpower
With growing digitization in industry, CKart paves the way for a future-ready growth
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Key Developments
Fund Raise Activity
In July 2021, Creative undertook a preferential allotment of equity shares and warrants to raise Rs.11 Cr to fund future growth plans. Company issued 4,00,000 equity shares and 6,00,000 fully convertible warrants at Rs.110 each. The shares and warrants were allotted to Abhinav Capital Services Ltd and Shree Sumna Trade LLP.
Recent Brand Agreements
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Signed agreement with Hyperice Inc. to distribute massage & muscle recovery products
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Tied up with Insta360 to distribute range of cameras
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Signed distribution agreement with Hama Gulf to distribute their range of photography products
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Tied up with Colorful Technology to distribute SSDs
Honeywell
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Signed licensing agreement for Honeywell Air Purifiers across 10 countries worldwide
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Expanded Honeywell distribution agreement to include 38 countries across APAC, Middle East and Africa
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Added range Home Audio products to Honeywell product portfolio
Geographical Expansion
Other than our presence in existing regions we are now also available at Varanasi, Dehradun, Chandigarh and Jammu to cater demand for fast growing Eastern UP, Uttarakhand, Himachal and Jammu & Kashmir. We have spread our wings to these new Geographies in Q1FY23.
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Signed distribution agreement with MSI to supply mini-PCs and desktop range
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Signed Distribution Agreement with Fujifilm for their Instax range of Cameras and its accessories
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Signed Distribution Agreement with Lexar for Flash Memory and relevant accessories
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Expanded the Category in Samsung brand by adding their Samsung Flash Memory products into our existing arrangement with them
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Won distribution agreement with Cricut to offer their range of craft and cutting products in India
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Tied up with Razor Inc., a leading global gaming brand, to distribute its products in India
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THANK YOU!
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www.creativenewtech.com