Greenpanel Industries Ltd · NSE:GREENPANEL
Greenpanel Industries — Q4 FY2024 Earnings Presentation
16 slides from Greenpanel Industries's earnings presentation, May 1, 2024
Slide 1: Exchange filing cover letter
GPIL/2024-25 May 01, 2024 BSE Limited Na onal Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Dalal Street Plot no. C/1, G Block Mumbai – 400001 Bandra – Kurla Complex , Bandra (E), Mumbai – 400051 Scrip Code: 542857 Symbol: GREENPANEL Dear Sirs, Sub: Investor Pr
Slide 2: Financial Performance Q4 & 12M FY2024
Greenpanel Industries Limited India’s largest manufacturer of wood panels Financial Performance Q4 & 12M FY2024
Slide 3: Disclaimer
v Disclaimer Certain statements in this communication may be ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward-looking statements involve number of risks, uncertainties and other factors that could cause actual results to differ materially from those s
Slide 4: Index
Index Contents Page Greenpanel’s snapshot 4 Overview by MD & CEO 5 Our Financial Performance 7 3
Slide 5: Greenpanel's snapshot
Greenpanel’s snapshot v Brand vision: We envision About us: Greenpanel is a Management: Greenpanel is led to maintain our Leadership prominent wood panel by Mr. Shiv Prakash Mittal, Position in the Panel player in India with a Executive Chairman, and Mr. Industry and supply best national leadership
Slide 6: Overview by MD & CEO
Overview by MD & CEO v MDF Domestic volumes rose by 23% while export volumes fell by 75%. We consciously reduced exports since it was not economical to export at current wood prices and due to fall in international MDF prices. Overall MDF volumes were lower by 7% at 127239 CBM, primarily because of
Slide 7: Overview by MD & CEO
Overview by MD & CEO v “MDF domestic sales volumes rose by 23% YoY, “Working capital investment increased by 11 export volumes were lower by 75% and overall days YoY to 28 days as on 31st March 2024.” MDF volumes were lower by 7% at 127239. MDF EBITDA at 16.4% were impacted by “Net debt (excluding b
Slide 8: Financial Highlights Q4 FY2024 v/s Q4 FY2023
Financial Highlights v Q4 FY2024 v/s Q4 FY2023 Key Ratios (%) Q4 FY2024 Q4 FY2023 Gross Margin 53.7 53.7 EBITDA Margin 14.0 19.1 EBIT Margin 9.4 15.2 Net Margin 7.5 15.6 Sales Promotion / Net Sales 2.2 2.2 Employee Expenses / Net Sales 9.7 7.2 Logistics Costs / Net Sales 6.3 4.7 EPS (₹) 2.43 5.62 7
Slide 9: Segment Performance - MDF (Quarter)
Segment Performance - MDF (Quarter) Particulars Q4 FY2024 Q4 FY2023 Growth Net Sales (₹ Crores) 360.41 386.02 -6.6% EBITDA Margin 16.4% 21.7% EBIT Margin 11.6% 17.5% Annual Capacity (CBM) 6,60,000 6,60,000 Production (CBM) 1,28,353 1,31,694 -2.5% Sales Volume (CBM) Total 1,27,239 1,37,265 -7.3% Sale
Slide 10: Segment Performance - MDF (12M)
Segment Performance - MDF (12M) Particulars 12M FY2024 12M FY2023 Growth Net Sales (₹ Crores) 1401.71 1534.58 -8.7% EBITDA Margin 19.2% 27.3% EBIT Margin 14.2% 22.8% Annual Capacity (CBM) 6,60,000 6,60,000 Production (CBM) 4,90,734 5,12,733 -4.3% Sales Volume (CBM) Total 4,84,953 5,06,743 -4.3% Sale
Slide 11: Segment Performance - Plywood (Quarter)
Segment Performance - Plywood (Quarter) Particulars Q4 FY2024 Q4 FY2023 Growth Net Sales (₹ Crores) 35.67 54.56 -34.6% EBITDA Margin -10.5% 0.4% EBIT Margin -13.1% -1.2% Annual Capacity (Mn Sqm) 10.50 10.50 Production (Mn Sqm) 1.34 1.84 -27.2% Sales Volume (Mn Sqm) 1.42 2.04 -30.4% Capacity Utilisat
Slide 12: Segment Performance - Plywood (12M)
Segment Performance - Plywood (12M) Particulars 12M FY2024 12M FY2023 Growth Net Sales (₹ Crores) 162.21 243.97 -33.5% EBITDA Margin -1.2% 6.9% EBIT Margin -3.5% 5.3% Annual Capacity (Mn Sqm) 10.50 10.50 Production (Mn Sqm) 5.71 7.72 -26.0% Sales Volume (Mn Sqm) 6.18 8.58 -28.0% Capacity Utilisation
Slide 13: Working Capital Hygiene
Working Capital Hygiene Particulars (in days) Q4 FY2024 Q4 FY2023 Inventory 47 31 Receivables 7 9 Payables 26 23 Net Working Capital 28 17 12
Slide 14: Greenpanel's new TVC featuring Delhi Capitals players
0 © GREENPANEL GREENPANEL’S NEW TVC FEATURING DELHI CAPITALS PLAYERS RISHABH PANT, DAVID WARNER & ANRICH NORTJE GREENPANEL ee Hero FINCORP
Slide 15: India's largest wood panel manufacturer
ee = INDIA’S LARGEST WOOD PANEL MANUFACTURER” MDF | PRE-LAMINATED MDF WOODEN FLOORING | PLYWOOD
Slide 16: Thank you
Mr. Vishwanathan Venkatramani Chief Financial Officer Greenpanel Industries Limited Registered Office: Thapar House, 2nd Floor, 163, S.P. Mukherjee Road, Kolkata - 700 026 Contact: (+91) 97484 00606 / (+91) 033 4084 0600 Thank you Email: v.venkat@greenpanel.com Website: www.greenpanel.com Mr. Gavin
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