Orient Bell Ltd. today announced its unaudited financial results for the quarter ended Sep 30, 2020.  Key Highlights – Q2FY21:  image.png Topline growth +6% y-o-y led by renewed focus on New Products, Displays and Channel Engagements EBITDA margin at +8% led by concerted efforts on cash fixed costs and improvement of consumption KPI’s; EBITDA loss of Q1FY21 recouped fully during Q2FY21 Strong focus on Working Capital management continues – Days Inventory Outstanding (DIO) and Days Sales Outstanding (DSO) improved significantly First ever Digital launch of New Products ~ 300 new SKU’s  (See the entire range at https://www.orientbell.com/new-tile-designs)  o   Germ Free Tiles – Wall & Floor  o   High Gloss Germ Free Tile – Sparkle Series300X450  o   High Depth Elevation Tiles - 300X600  o   New designs introduced in GVT  o   400X400 Pavers - Rhino Series  No. of new Orient Bell Tile Boutique (OBTB’s) added during Q2FY21 – 25, total number of active OBTB’s as on 30-Sep-20 increased to 188 Marketing investments restored during Q2FY21 – 1.3% of topline (~2.6X of Q1FY21 spend) Sale from High Value Products (HVP) increased to 41%. Own Manufacturing sales increased to ~68% of total revenueOrient Bell Ltd. today announced its unaudited financial results for the quarter ended Sep 30, 2020.

Key Highlights – Q2FY21:

  • Topline growth +6% y-o-y led by renewed focus on New Products, Displays and Channel Engagements
  • EBITDA margin at +8% led by concerted efforts on cash fixed costs and improvement of consumption KPI’s; EBITDA loss of Q1FY21 recouped fully during Q2FY21
  • Strong focus on Working Capital management continues – Days Inventory Outstanding (DIO) and Days Sales Outstanding (DSO) improved significantly
  • First ever Digital launch of New Products ~ 300 new SKU’s

(See the entire range at https://www.orientbell.com/new-tile-designs)

o   Germ Free Tiles – Wall & Floor

o   High Gloss Germ Free Tile – Sparkle Series300X450

o   High Depth Elevation Tiles – 300X600

o   New designs introduced in GVT

o   400X400 Pavers – Rhino Series

  • No. of new Orient Bell Tile Boutique (OBTB’s) added during Q2FY21 – 25, total number of active OBTB’s as on 30-Sep-20 increased to 188
  • Marketing investments restored during Q2FY21 – 1.3% of topline (~2.6X of Q1FY21 spend)
  • Sale from High Value Products (HVP) increased to 41%. Own Manufacturing sales increased to ~68% of total revenue

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