tara jewels limited jewellery, kundan jewellery and make to order jewellery reduce the sale of plain...

Tara Jewels Limited

November 2014

Tara Jewels factory SEEPZ, Mumbai

Safe Harbour

This presentation and the accompanying slides (the “Presentation”), which have been prepared by Tara Jewels Limited (the “Company”), have been prepared solely for information purposes and do 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 whatsoever. 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.

This presentation contains certain forward looking statements concerning the Company’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, competition (both domestic and international), economic growth in India and abroad, ability to attract and retain highly skilled professionals, time and cost over runs on contracts, our ability to manage our international operations, government policies and actions regulations, interest and other fiscal costs generally prevailing in the economy. The company does not undertake to make any announcement in case any of these forward looking statements become materially incorrect in future or update any forward looking statements made from time to time by or on behalf of the company.

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…with experience from Designing to Retailing

Integrated Player in the Jewellery Industry

Designing

Manufacturing

International Business

Brand Expansion

India Retail Four manufacturing units

Mumbai : 1 unit - MIDC & 2 units - SEEPZ

China : 1 unit – Panyu

Employs 35 designers & 1000 craftsmen

SAP implemented across all units

Manufacturing Facilities

Network of Retail Stores & Shop-in-Shop outlets

24 Operational Stores spread over 22 Cities in 9

States/UTs

6 Shop-in-Shop format outlets in Shoppers Stop

India Retail

Direct Selling of Studded Jewellery to Global

Retailers

Co-brand merchandise to increase brand

recognition & repeat orders


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Business Strategy going forward...

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Retail Business

Exports Business

24 Operational Format Stores spread over 22 Cities in 9 States/UTs

Opened 6 Shop-in-Shop format outlets in Shoppers Stop

Good Traction – New Customer, Geographies, SKUs & Brands

Combined Orderbook of Rs. 5,559 mn

Confirmed Orderbook : Rs. 4,385 mn

Framework Orderbook : Rs. 1,174 mn

Future Strategy

Limited Capital Allocation

Improving Profitability

New Expansion by way of

Asset Light Franchise Model

Shop-in-Shop Format

Growing Cash Generating Business

Deploy Capital on various initiatives like Co-branding , TV Shows etc

Strong Branding efforts lead to enhancement in Margins

....Limited Capital allocation to Retail and Improving Margins in Exports

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Parameters Indian Export Industry Where we are positioned

Products Dominated by Diamond processing & polishing, followed by Gold Jewelry

Diamond studded jewellery, studded jewellery

Customers Wholesalers Large Retailers – Wal-Mart Inc, JC Penny, Signet, Sterling etc

Branding NA Co-brand merchandise to increase brand recognition & repeat orders

Tara Jewels- Operating in The Sweet spot in the Jewelry Value Chain

Tara Jewels’ Presence

Rough Diamonds

Processed Diamonds

Job Work

Jewelry

Branded Jewelry

High – End Luxury Jewelry

Gems & Jewellery Value Addition Ladder

Majority Indian Exporters

Presence in High End of Value Chain

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Global Presence

Promoted over 8 brands globally across 7,000 doors Worldwide

U.S.A.

Canada

South Africa

U.K.

Europe

Russia

India

Australia

New Zealand

China

Across various Segments and Geographies

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No. 2 in Specialty Retail jewellery chain in US

Largest Departmental Store in US

Walmart Zales

No. 1 Specialty Jeweller in US

Kay

No. 1 Off-mall Destination Jeweller in US

Jared

Speciality Retailer of Fine Diamond Jewellery

No. 1 Upper Middle Market Jeweller in UK

Ernest Jones Helzberg

No. 1 Specialty Jeweller in UK

H Samuels

One of biggest Mid-range Department Store in US

JC Penney

Leading Jeweller in South Africa

No. 1 Online Specialty Retailer of Jewellery

Blue Nile American Swiss

Leading Regional Dept Store in South Africa

Sterns

No. 1 Specialty Retailer in Australia

Angus Coote

Progress made towards Branding Efforts

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…Strategically aligns our offerings with Clients Business Model

Monique Lhuillier is being sold through one of the Largest Online Retailer

Considering sale through High End Jewellery Chain Store

Michael Beaudry is being sold through Broadcast Television Network

Launching in High End Jewellery Chain Store

Heat Essence is currently being sold in Specialty Jewellery Store in US

Zac Posen is being considered by one of the Largest Online Retailer and High End Jewellery Chain Store

Received permission from its owners to propose “dancing with the stars” as s jewellery Brand to Potential Retailers

Huge Growth Potential

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Key Retail Customers Stores* Retail

Jewellery Sales *

Tara Jewels Sales

FY2013

3500 $1,000 $31.48

1746 $1,900 $10

949 $1,953

$19.45

190 $1,003

193 $309

$5.3

318 $371

Key Retail Customers Stores* Retail

Jewellery Sales *

Tara Jewels Sales

FY2013

200 $340 $9.64

1100 $690 $4.2

Online $400 $2.8

153 $52

$1.51

216 $87

200 $598 $0.9

…with Key Existing Customers

Sales in USD mn

* Latest Available

Current Order Book

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Combined Order Book

* Framework Orders - Contracts where Metal Prices are yet to be finalized

(Rs. mn)

Order book as on 30th September 2014; 1 USD = Rs. 61

5,559

4,385

1,174

Confirmed Orders Combined Orders Framework Orders

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Sales

1,484

1,701

1,850

2,110

FY11 FY12 FY13 FY14

Gross Profit

851

1,071

1,228 1,322

FY11 FY12 FY13 FY14

EBITDA

355 420

587

432

FY11 FY12 FY13 FY14

PAT

139

156

140 142

FY11 FY12 FY13 FY14

Inventory Days (Sales)

86

111

63

92

FY11 FY12 FY13 FY14

Creditor Days (Sales)

62

100

77

94

FY11 FY12 FY13 FY14

Debtor Days (Sales)

International Business: Financial Performance

Rs mn

9,234

11,335

13,292

14,444

FY11 FY12 FY13 FY14

International Business: Analysis

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2.69% 3.13%

1.13% 1.24%

0.87% 1.09%

FY13 FY14

Employee Cost Admin. Cost Selling & Distribution cost

4.69%

5.45%

FY13 FY14

9.23% 9.15%

EBITDA Margin Operating Cost

100% of revenue generated from International Business is from Diamond Studded Jewellery

3,265 3,472

Q2FY14 Q2FY15

109 104

Q2FY14 Q2FY15

313 321

Q2FY14 Q2FY15

499 515

Q2FY14 Q2FY15

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Sales Gross Profit EBITDA PAT

Inventory Days (Sales) Creditor Days (Sales) Debtor Days (Sales)

International Business: Quarterly Performance Rs mn

6% 3% 3% (4%)

209

178

Sept. '13 Sept. '14

112

93

Sept. '13 Sept. '14

97

122

Sept. '13 Sept. '14

International Business: Margin Analysis

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3.2% 3.0%

1.8% 1.4%

0.7% 1.2%

Q2FY14 Q2FY15


5.7% 5.6%

Q2FY14 Q2FY15

9.6% 9.3%


100% of revenue generated from International Business is from Diamond Studded Jewellery

India Retail

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Changing Jewellery Retail Experience

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... the Jewellery Purchase Experience

Purchases more Transparent & Credible

Allows the customer to browse through collections

Made to Order - Design personalized Jewellery based on Unique Personalities

... the Store Format

Best practices from International Retail

Introduced smaller, full-service format stores for stocks to reflect customer

preferences

In-store workshops for jewellery servicing

... the Customer Confidence

Give adequate knowledge about Diamond Jewellery

Customers upgrade from Gold to Diamond Jewellery

Special Confidence Building Programs

Build...

Re-Engineer...

Redefine ...

…a blend of Cultural Influences with Global Trends

Drivers of Success

Strong Promoter / Management background in Retail & Branding

Rose International was conceptualised in 1981

Jewellery Retail Chain Orra was launched in 1998

Strong Consumer Connect demonstrated across advertising, Media, Fashion and Luxury

Benchmark Marketing & Branding case studies created across market segments

Learnings from Multi-Industry Exposure being transcreated to Jewellery Retail

Experienced Supplier to the Large Global Retailers

Implementing the learning from the more matured Global Retail Leaders

Creating Global Fashion & Trends

Varied Market Insights

Store Concept & Marketing Skills

High precision jewellery manufacturing technology

Fully automated jewellery casting plant

State of the art technology: Laser Lithography, Microscopic Precision Setting, Machine made bands, Invisible Settings (patented), Machined Engraving

CAD / CAM

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Our Retail Business Model

Pan India Presence

Network of 24 Stores spread over 22 Cities in

9 States/UTs and 6 Shop-in-Shop format

outlets in Shoppers Stop

Span across suburban areas of metro cities,

mini metros and Tier I – III cities

Scalable Format of Stores

Small Full Service Stores

Jewellery displayed on Browse Walls,

Collection Walls and Consultation Tables

Targeting the untapped “Aspiring Indians” at base

of the Pyramid

Affordable luxury with Great Value

Average ticket size of Rs 50,000

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Smart, Scalable & Sustainable

Smart Stores

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... designed by FITCH, International Brand & Design Consultancy

VM Board

Consultation desk

Browse Wall

ATTENTION

INTEREST DESIRE

ACTION

Smaller, Full-service Format Stores

Average size of 1000 sq ft

In-store workshops

Lower Inventory Requirement

Browse Wall Display (no drawer

inventory)

Real-time RFID inventory management

Lower Operating Cost

Less Sq. Ft. of Selling Space

4 Sales Staff & 1 bench jeweller per

store

Lower Inventory Carrying Cost

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Re-strategizing the Retail Business

....to maintain Profitable Growth

Store Profitability Product Mix

Asset Light – Franchise Model Shop-in-Shop

Relocate/ Closure of less-profitable stores

Widen Presence in Tier II –V Cities

Small Format Stores - Limited Inventory and Operating Costs

Achieve Faster Expansion & Better Returns

Expand the Brand more rapidly

Streamline the Store Operations and Manage the Unit Economics

Focus on High Margin Products

Diamond Jewellery, Kundan Jewellery and Make to Order Jewellery

Reduce the sale of plain Gold Jewellery


Captures footfalls of Malls/Large Stores

Limited Operating Costs - Benefits from store advertising & promotions, Low Staffing Cost etc

Op

erat

ion

al

Stra

tegi

c

Retail Business expansion – Shop in Shop Format ..

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Asset Light expansion Strategy

Launches Six New Shop-in-Shop Format

Outlets at Shoppers Stop

Location :

DB City Mall – Bhopal

Elante Mall-Chandigarh

BPK Star Building – Indore

World Trade Park - Jaipur

MBD Neopolis Mall – Jalandhar

Ambuja City Center –Raipur

....in line with out strategy to expand retail footprint through Asset Light Model


Captures footfalls of Malls/Large Stores

Limited Operating Costs - Benefits from store advertising & promotions, Low Staffing Cost

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Liberalization of Gold Imports - 80:20 Scheme ...

New RBI Guidelines

Lifting of ban on gold loans to

domestic Jewelry Manufacturers

Inclusion of agencies nominated by

the Director General of Foreign

Trade like Star Trading Houses /

Premier Trading Houses (STH/PTH)

for importing gold in addition to

few banks. Only the restrictions on

gold imports in form of the 80:20

requirement remains

Implications

Tara Jewels

We are Nominated Agency by the DGFT

as Star Trading House

For Domestic Use, we will be able to :

Import gold ourselves

Import gold on a consignment basis

for after meeting the export

requirements

Indian Jewellery Industry

Increased Supply of Gold

Reduced Premium for Gold

Availability of gold on loan

Jewellery Customization

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Designing

Large design bank

CAD

CAD shown to the customer in

48 hours

Resin Prototype

Resin prototype of the jewellery

through CAM

Wax Mould

Wax replica provided to the

Customer

Final Product

Final product delivered in 14

days

Made to Order constitutes ~30 % of India Retail Business

High Value and Higher Margin Business

India Retail - Performance

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933

1,835

2,312

2,323

FY11 FY12 FY13 FY14

Sales

256

509 586

629

FY11 FY12 FY13 FY14

Gross Profit

118

241

308

248

FY11 FY12 FY13 FY14

EBITDA

57

117

149

68

FY11 FY12 FY13 FY14

PAT

325

194 208

191

FY11 FY12 FY13 FY14

Inventory Days (Sales) Creditor Days (Sales)

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3 3 3

FY11 FY12 FY13 FY14

Debtor Days (Sales)

Rs mn

119 116 119

11

FY11 FY12 FY13 FY14

* FY11 : Stores operation for a period of average 6 mths

Margin Analysis

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41% 44% 47% 44%

59% 56% 53% 56%

FY11 FY12 FY13 FY14

Gold Diamond

14% 14% 12% 11%

37% 38% 37% 42%

FY11 FY12 FY13 FY14

Gold Diamond

4.7% 4.3% 3.8% 4.8%

6.8% 6.1% 5.7% 7.7%

3.3% 4.2% 2.5%

3.9%

FY11 FY12 FY13 FY14


14.8% 14.6% 12.0%

FY11 FY12 FY13 FY14

12.6% 13.1% 13.3%

High Gross Margin Better Product Mix

High EBITDA Margin Lower Operating Cost

10.7%

16.4%

1

1

Q2FY14 Q2FY15

27

47

Q2FY14 Q2FY15

111

129

Q2FY14 Q2FY15

319

379

Q2FY14 Q2FY15

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Sales Gross Profit EBITDA PAT

205 200

Sept. '13 Sept. '14

Inventory Days (Sales)

135

33

Sept. '13 Sept. '14

Creditor Days (Sales)

6 4

Sept. '13 Sept. '14

Debtor Days (Sales)

India Retail: Quarterly Performance

Rs mn

Like to like Store Growth : 18%

19% 17% 75% (12%)

9.4% 6.7%

13.0% 9.7%

3.8%

5.2%

Q2FY14 Q2FY15


Q2FY14 Q2FY15

India Retail: Quarterly Margin Analysis

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39% 32%

61% 68%

Q2FY14 Q2FY15

Gold Diamond

10% 10%

49% 45%

Q2FY14 Q2FY15

Gold Diamond

26.2% 21.6%

8.5%

12.5%

Gross Margin Product Mix


Financials

Q2FY15 - Performance Highlights

Revenue (excl. Bullion & Others) of Rs. 3,851 mn, yoy growth of 7%

Exports of Rs. 3,472 mn, yoy growth of 6%

India Retail of Rs. 379 mn, yoy growth of 19%

Gross Profit (excl. Bullion & Others) of Rs. 644 mn, margin of 16.7%

EBITDA (excl. Bullion & Others) of Rs. 369 mn, margin of 9.6%

Net Profit of Rs. 106 mn; Cash Profit of Rs. 175 mn

Opened 6 Shop-in-Shop format outlets in Shoppers Stop

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Re-strategized the India Retail Business

Store Network – 24 Stores in 22 cities in 9 States / UTs

Total Order Book: Rs. 5,559 mn

Confirmed Orders: Rs. 4,385 mn

Framework Orders: Rs. 1,174 mn

India Retail

Exports

International Business growing at a fast Clip

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Large Dependence on the International Business helped the Company grow during turmoil in the Domestic Market

Revenue Breakup

Revenue Trend has an element of Seasonality

~60% of Revenue in last year was generated in H2FY14

The peak season starts in November with Thanksgiving in the Western Countries followed by Christmas in December

Positive Outlook : Revival in the Global Economic Trend coupled with the New Year Enthusiasm on the Cards

3,472

2,607

4,1674,362

3,265

2,650

379524734693

319578

Q2 FY15 Q1 FY15 Q4 FY14 Q2 FY14 Q3 FY14 Q1 FY14

+6%

+19%

International Retail

Segmental Breakup*


3472 90%

India Retail 379 10%

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Q2FY15 Sales: Rs. 3,851 mn Q2FY15 Gross Profit^: Rs. 644 mn


515 80%

India Retail 129 20%

* - Excluding Bullion & Others ^ - Gross Profit = Sales – (Consumption + Direct Expenses)

Consolidated Quarterly P&L

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Rs. mn Q2FY15 Q2FY14 Y-o-Y H1FY15 H1FY14 Y-o-Y

Sales 3,851 3,584 7% 6,980 6,812 2%

Sales from Bullion & Others 0 0 72 65

Total Income 3,851 3,584 7,053 6,877

Raw Material 3,075 2,822 5,522 5,373

Purchase of Bullion & Others 0 0 72 65

Employee Expenses 129 134 256 268

Other Expenses 278 288 526 517

EBITDA 369 340 8% 677 654 3%

EBITDA excl. Bullion & Others 369 340 676 654

EBITDA Margin excl. Bullion & Others

9.6% 9.5% 9.7% 9.6%

Other Income 12 11 23 28

Interest 169 138 320 264

Depreciation * 69 48 44% 132 94 40%

PBT 142 165 -14% 247 324 -24%

Tax 36 54 72 97

PAT 106 110 -4% 176 227 -23%

PAT Margin 2.7% 3.1% 2.5% 3.3%

Cash Profit 175 158 10% 308 321 -4%

* - Depreciation computation based on schedule II of New Companies Act 2013

Consolidated Balance Sheet

35

Rs. mn September

2014 March 2014

Shareholder’s Fund 5,585 5,404

Share capital 246 246

Reserves & Surplus 5,327 5,158

Money received against share warrants

12 0

Non-Current Liabilities 39 46

Long term borrowings 5 12

Other Non Current Liabilities 34 34

Current Liabilities 7,898 7,510

Short term borrowings 4,701 3,849

Trade Payables 2,693 3,191

Other current liabilities 503 470

Total Liabilities 13,522 12,960

Rs. mn September

2014 March 2014

Non-Current Assets 1,365 1,274

Fixed assets 1,244 1,160

Non-current investments 36 37

Deferred tax assets (Net) 22 7

Long-term loans & advances 63 70

Current Assets 12,157 11,686

Inventories 7,019 6,935

Trade receivables 4,147 3,808

Cash and Bank Balances 722 710

Other current assets 268 233

Total Assets 13,522 12,960

Consolidated Annual P&L

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Rs. mn FY14 FY13 Y-o-Y

Sales 16,767 15,604 7%

Sales from Bullion & Others 187 751

Total Income 16,954 16,355

Raw Material 13,424 12,703

Purchase of Bullion & Others 181 749

Employee Expenses 563 446

Other Expenses 1,210 920

EBITDA 1,576 1,537 3%

- EBITDA excl. Bullion & Others 1,570 1,535 2%

- EBITDA Margin excl. Bullion & Others 9% 10%

Other Income 54 49

Interest 651 491

Depreciation 215 139

PBT 764 957

Tax 260 220

PAT 504 737 -32%

PAT Margin 3% 5%

Cash Profit 719 876 -18%

Shareholding as on 30th September 2014

Promoter & Promoter

Group 59.9%

FII 9.4%

Foreign Corporate

Bodies 7.3% DII

14.1%

Bodies Corporate

3.1%

Public & Others 6.2%

Sl. No. Name of the Shareholder %

1 IDFC Premier Equity Fund 8.78

2 Crystalon Finanz AG 7.31

4 Copthall Mauritius Investment Ltd 2.94

3 AXIS Bank Ltd 2.92

5 HSBC Global Investments Funds A/c HSBC Global Investment Funds Mauritius Ltd

2.48

6 ICICI Prudential Balanced Funds 2.44

7 DB International (Asia) Ltd 2.26

8 Enam Shares & Securities Private Ltd 1.49

9 The Master Trust Bank of Japan Ltd A/c HSBC Indian Equity Mother fund

1.08

Total 31.71

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Shareholding Break-up Category wise Shareholders holding more than 1%

RAJEEV SHETH

VIKRAM RAIZADA SANJAY SETHI

Board of Directors

NIKKHIL VAIDYA RAKESH KALRA FERN MALLIS SHANTI KHINDRIA RAJIV JAIN

FRANCOIS ARPELS

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Promoter Background: Rajeev Sheth

Rajeev Sheth, a first generation entrepreneur, with over 31 years of jewellery manufacturing & retail experience

Certified gemologist from Gemological Institute of America, USA and bench jeweller trained in USA and Japan, practiced this art for 9 years

Started his career by promoting Rose International, high-end luxury jewellery boutique in 1981

Promoter and managing director of Intergold India Limited from 1989 to 1999

Set up one of India’s first diamond jewellery retail chains currently called Orra

Introduced concepts like flexible manufacturing units and turntable technology

Only Indian Director of jewellers Board of Trade, USA

Received award for the largest exporter for 12 years running

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Rose International

Key Milestones

1981 1989 1996 1999 2001

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Management Background: Vikram Raizada

40

Key Milestones

1991 1994 1997 1999 2006 2007 2010

Rich Marketing & Advertising experience spanning over 22 years across Lifestyle, Consumer, Fashion, jewellery & Media fields

Educated in Marketing at the University of Southern Queensland, Australia

Won numerous creative and strategy awards for leading advertising agencies viz Trikaya Grey & Ogilvy & Mather

Was in the jewellery exports and retail in its early days with then market leader Intergold

Helped MTV India Networks attain and consolidate a leadership position as Director Marketing, Communication & Digital

Managed luxury and premium brand launches & marketing as Marketing Head with the Murjani Group

Gained Fashion business experience as Head of Fashion with IMG. Also managed the Lakme Fashion Week platform

Currently Head of Branding and Head of India Retail with Tara Jewels

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Aarti Sheth

General Manager

Oversees the strategic alliances with, and new business development for, institutional and retail clients in the United States of America

Holds a masters degree in international employment relations and human resource management from London School of Economics and Political Sciences

Has approximately 7 years of experience in the jewellery business

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Matthew Fortgang

President – Sales at Fabrikant Tara International LLC.

Holds a bachelor of arts degree from the San Francisco State University

Over 26 years of experience in the jewellery business

Responsible for sales, merchandising and customer relations

Leonard Meyer

President – Sales (South Africa, Australia and United Kingdom Regions)

Holds an honors degree in economics from University of Cape Town, South Africa

Responsible for sales and marketing in the Australasian, United Kingdom and South African markets

Has 29 years of experience in the field of mail order, direct marketing and the jewellery industry, in both fields of manufacturing and retail

Jeffrey Shlakman

President - Merchandising and Product Development

Holds a degree in architecture and graduated from The Cooper Union

Has 31 years of experience in diamond and jewellery manufacturing business

Responsible for providing creative direction to design and merchandising team. Also has direct sales responsibilities

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Experienced Management Team - Global

Alexandre Olive

Vice President - Sales & Business Development (Europe Region)

Holds two Bachelors of Science in International Business and in Marketing.

Responsible for the business development of our company in Europe involving sales, branding, marketing and partnering with major players.

Worldwide experience with a 14 years strong track record in brand building, reorganizing, developing, and managing international sales of notorious high-end Watch and jewellery brands

Among his positions, he was head of the jewellery and High jewellery Division for Breguet (Swatch Group).

Sanjay Sethi

Director (Finance)

Responsible for planning and control of the finance function

Chartered Accountant and a Cost Accountant by profession and Post Graduate from Delhi School of Economics, University of Delhi

Experience of more than 24 years with various organizations, including startups, Global organizations in India and abroad and has worked in a matrix structure

Jinendra Jain

General Manager – Retail (Business Head)

Holds a bachelors degree of engineering in electronics from Mumbai University

Over 21 years of experience in jewellery manufacturing & designing, marketing, human resources and administration functions

Responsible for business development

Yogesh Sharma

General Manager – Inventory

Holds a bachelors degree in industrial engineering from Pune University and Diploma in Marketing Management from Welingkar Institute, Mumbai

Completed certificate course in ISO 9000 Quality systems

Over 20 years of experience in jewellery and automotive industry sectors

Responsible for materials, inventory and supply chain management

Sunayanaa Vora

General Manager – National Sales

Holds graduate degree in commerce from the Mumbai University

Over 15 years of experience in the area of jewellery product development and sales

Responsible for sales from retail stores across India

42

Ashutosh Gogate

Deputy General Manager – Sales

Holds a bachelors in commerce with specialization in advanced accounting & audit from Shivaji University and Master in Business Administration from SIBER

Over 26 years of experience in advertising, automobile, surgical, insurance sectors which includes 2 years of international experience

Responsible for operations and sales of 10 retail stores in Maharashtra & Goa

42

Experienced Management Team - Retail

Awards & Achievements


Global Supplier of the Year : Twice Awarded by

Wal Mart

Overall Excellence award : Second-highest

exporter in the category of studded precious

metal jewellery exports in EPZ, by The Gem and

Jewellery Export Promotion Council in year 2007,

2008, 2009

Conferred with the status of a “Star Trading

House” by the Ministry of Commerce & Industry

and have been the highest exporter in gems and

jewellery sector for the years FY2009 and FY2010.

44

Highest Export Performance award for 2008 - 2009

“Second Highest Net Foreign Exchange Earner” Award for

2008-2009

Highest Export Performance Award for 2007 - 2008

“Second Highest Net Foreign Exchange Earner” Award for

2007-2008

Highest Export Performance award for

2009 - 2010

"Highest Net Foreign Exchange Earner” Award

for 2009 - 2010

The second highest exporter of studded jewellery for the

year 2008 - 2009

The second highest exporter of studded jewellery for the

year 2007 - 2008

The “Global Supplier of the Year” Award for 2007 from

Wal-Mart.

India Business

Awarded “LUXURY RETAILER OF THE YEAR” at the Star Retailer Awards

2013. Awards For

Excellence In Retailing.

In association with

Franchise India

45

The Best Store Design of the

year – Single Brand category

at

the ET Retail Awards 2013 “Print campaign of the year 2012”

Nominated for the Best 360 Marketing of

the year 2012

ET Retail Award

India Business

46

Pro Social

Store Events My Tara

Newspaper Inserts

Trunk Shows

Game Hangouts

Facebook

Activation

JUST LIKE WOMEN, DIAMONDS ARE MORE VALUABLE IF THEY’RE BEAUTIFUL ON THE INSIDE

SOME RELATIONSHIPS DON’T NEED ANY REASSURANCE. BUT HERE’S ONE ANYWAY

THE WORLD’S MOST SOPHISTICATED JEWELLERY TECHNOLOGY IS AT OUR DISPOSAL. BUT FOR THIS, WE USED SOMETHING EVEN MORE PRECISE. THE HUMAN HAND.

1719 PEOPLE WORK FOR 1000 HOURS. JUST FOR THOSE 2 SECONDS OF SPEECHLESSNESS WHEN SHE OPENS THE BOX.

Retail Campaign 2013-14 Retail Campaign 2012-13

Retail Campaign

48

49

For further information, please contact:

Company : Investor Relations Advisors :

Tara Jewels Limited CIN: L52393MH2001PLC131252 Mr. Sanjay Sethi, Director-Finance [email protected] www.tarajewels.in

Strategic Growth Advisors Pvt. Ltd. CIN: U74140MH2010PTC204285 Ms. Payal Dave / Mr. Jigar Kavaiya [email protected] / [email protected] www.sgapl.net

http://www.tarajewels.in/

mailto:[email protected]

mailto:[email protected]

tara jewels limited jewellery, kundan jewellery and make to order jewellery reduce the sale of plain...

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