Amreli Steels Ltd. · PSX:ASTL
Amreli Steels — Q3 2017 Earnings Presentation
15 slides from Amreli Steels's earnings presentation, May 2017
Slide 1: Analysts' Briefing
Analysts’ Briefing Financial Results - Third Quarter ended March 31, 2017 Entity rating by PACRA Short term A1 and Long term A
Slide 2: Sales Breakup
Sales Breakup 2017 2016 Variance Variance Products July – March July - March (PKR) (%) ASL Rebars 8,990,922,288 8,355,761,258 635,161,030 8 ASL Billets 159,778,140 0 159,778,140 - Trading Rebars 965,154,508 260,359,893 704,794,615 271 Export 19,258,949 18,438,940 820,009 4 Total 10,135,113,885 8,634
Slide 3: Sales Quantity
Sales Quantity Nine Months 2016 103,664 Nine months 2017 124,773 Tonnage
Slide 4: Major Cost Components
Major Cost Components FY 2017 Nine Months 2017 4,000,000,000 Scrap Power Additives S&S Other Cost 3,500,000,000 9% 3,000,000,000 4% 2,500,000,000 3% 2,000,000,000 1,500,000,000 1,000,000,000 54% 500,000,000 30% - Other Scrap Power Additives S&S Cost FY 2017 3,623,876 2,059,460 187,631,7 256,995,4 59
Slide 5: Variance Analyses - ASL Rebars
Variance Analyses - ASL Rebars Sales FY 17 FY16 Variance Rs. Qty 124,773 103,664 21,109 80,604 1,701,490,571 Price 72,058 80,604 (8,546) 124,773 (1,066,329,541) Net sales variance 635,161,030 COGS FY 17 FY16 Variance Rs. Qty 124,773 103,664 21,109 (62,138) (1,311,673,603) Price (58,579) (62,138) 3,5
Slide 6: Variance Analysis - Imported Rebars
Variance Analysis - Imported Rebars Sales FY 17 FY16 Variance Rs. Qty 17,915 4,929 12,986 52,822 685,952,182 Price 53,874 52,822 1,052 17,915 18,842,433 Net increase in sales 704,794,615 COGS FY 17 FY16 Variance Rs. Qty 17,915 4,929 12,986 (44,348) (575,901,817) Price (52,143) (44,348) (7,795) 17,91
Slide 7: GP Variance - Summary
GP Variance - Summary Product types PKR ASL – Rebars (232,471,375) Imported – rebars (10,759,203) ASL – Billets 6,542,185 Export Zinc dust 820,009 Net decrease in Gross Profit (235,868,384)
Slide 8: Sales Breakup
Sales Breakup Sales Breakup 3rd Qtr 2017 2016 Variance ( Jan-Mar) (Jan-Mar) -----------------Rupees--------------- Manufactured - Bars 3,525,166,264 2,915,060,439 610,105,825 21% Trading 46,785,892 260,359,893 -213,574,002 -82% Export 4,751,604 6,095,621 -1,344,017 -22% 3,576,703,760 3,181,515,953 3
Slide 9: Sales quantity
Sales quantity ASL Rebars 50,000 40,000 30,000 20,000 10,000 - 3rd Qtr 2017 3rd Qtr 2016 Tonnage 47,421 35,900
Slide 10: Variance Analyses - ASL Rebars
Variance Analyses - ASL Rebars Sales FY 17 FY16 Variance Rs. Qty 47,421 35,900 11,521 81,199 935,522,795 Price 74,337 81,199 (6,862) 47,421 (325,416,970) Net sales variance 610,105,825 COGS FY 17 FY16 Variance Rs. Qty 47,421 35,900 11,521 (63,135) (727,399,970) Price (59,784) (63,135) 3,351 47,421 1
Slide 11: Variance Analyses - Imported Rebars
Variance Analyses - Imported Rebars Sales FY 17 FY16 Variance Rs. Qty 833 4,929 (4,096) 52,822 (216,332,977) Price 56,132 52,822 3,310 833 2,758,975 Net increase in sales (213,574,002) COGS FY 17 FY16 Variance Rs. Qty 833 4,929 (4,096) (44,348) 181,625,714 Price (51,932) (44,348) (7,584) 833 (6,321,
Slide 12: GP Variance - Summary
GP Variance - Summary Product types PKR ASL - Rebars 41,632,242 Trading - Rebars (38,269,786) Export – Zinc dust (1,334,017) Net increase in Gross Profit 2,018,434
Slide 13: DHABEJI
DHABEJI Capacity after Further Expansion in current and Existing expansion progress further approved expansion Steel Rolling 0 300,000 125,000 425,000 Expected time line FY 17-18 FY 17-18 FY-18-19 Steel Melting 200,000 200,000 200,000 400,000 Expected time line FY 17-18 FY 18-19 FY 18-19
Slide 14: SITE KARACHI
SITE KARACHI Capacity after Further Expansion in current and Existing expansion progress further approved expansion Steel Rolling 180,000 0 145,000 325,000 Expected time line FY 18-19 FY 19-20 Steel Melting 0 0 0 0 Expected time line NA NA NA NA
Slide 15: Amreli Steels Limited
Amreli Steels Limited Capacity Further Expansion in after current Existing expansion Full Capacity progress and further approved expansion Steel Rolling 180,000 300,000 125,000 145,000 750,000 Expected time FY 17-18 FY 17-18 FY 18-19 FY 19-20 line Steel Melting 200,000 200,000 200,000 0 600,000 Expe