Prism Johnson Limited · NSE:PRSMJOHNSN
Prism Johnson — Q1 FY23 Earnings Presentation
24 slides from Prism Johnson's earnings presentation, Aug 3, 2022
Slide 1: Investor Presentation for the Quarter Ended June 2022
I N V E S TO R P R E S E N TAT I O N For The Quarter Ended June 2022 August 3, 2022 AMONGST INDIA’S LEADING integrated BUILDING MATERIALS COMPANIES
Slide 2: Executive Summary: Financial Performance Snapshot (1/2)
Executive Summary: Consolidated (Ex. RQBE) FY22 Financial Performance Snapshot (1/2) www.prismjohnson.in Revenue Revenue Mix Prism Cement Q1 FY23 revenue grew by 44.0% HRJ 41.8% YoY led by strong 35.1% Prism Cement constituted growth across all divisions, 44.0% of Q1 FY23 revenue; partly due to a fa
Slide 3: Executive Summary: Financial Performance Snapshot (2/2)
Executive Summary: Consolidated (Ex. RQBE) FY22 Financial Performance Snapshot (2/2) www.prismjohnson.in Working Capital Operating FCF 2,849 27 25 24 23 18 Q1 FY22 (289) 648 890 Q1 FY23 (20) Efficient management of Operating Free Cash Flow Working Capital; (FCF) (pre-capex and Q1 FY22 Q2 FY22 Q3 FY2
Slide 4: Executive Summary: Q1 FY23 Segment-Wise Business Update
Executive Summary: Q1 FY23 Segment-Wise Business Update www.prismjohnson.in Prism Cement Cement & clinker sales volume grew 9.2% YoY from 1.32 million tons in Q1 FY22 to 1.44 million tons in Q1 FY23; Share of premium cement stood at 29.1% in Q1 FY23 HRJ HRJ consolidated revenues grew 68.2% YoY from
Slide 5: Prism Cement: Prominent Cement Player in the Satna Cluster
Prism Cement: Prominent Cement Player in the Satna Cluster www.prismjohnson.in Prominent cement company in Satna Superior product mix; Premium products Cluster with installed cement production Capacity (Champion Plus and Duratech) constituted Product capacity of 5.6 MTPA at Satna, Madhya 29.1% of ce
Slide 6: Prism Cement: Strong Volume Growth YoY
Prism Cement: Strong Volume Growth YoY www.prismjohnson.in Cement & Clinker Sales Volume (million tons) Premium Products % 30.2% 1.44 29.1% 29.0% 1.42 28.7% 28.1% 1.32 1.25 1.23 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY22 FY23 FY22 FY23 Q1 FY23 Regional Sales Breakup Q1 FY23 Sales: Trade vs. Non Trade 24% 24% East
Slide 7: Prism Cement: Significant Recovery in EBITDA per Ton
Prism Cement: Significant Recovery in EBITDA per Ton on a Sequential Basis www.prismjohnson.in EBITDA per ton (₹) Cost per ton (₹) 4,411 4,394 1,156 4,154 906 3,584 750 3,437 408 385 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY22 FY23 FY22 FY23 Q1 Q4 Q1 Cost per ton (₹) FY22 FY22 FY23 %QoQ % YoY Cement & clinker sa
Slide 8: HRJ: Amongst the Leading Tiles & Bath Fittings Companies in India
HRJ: Amongst the Leading Tiles & Bath Fittings Companies in India www.prismjohnson.in Strong brand with a long standing history of Wide Distribution Network; 18 large tile manufacturing in India; Experience format Experience Centres displaying Distribution Operating since 1958 HRJ’s product range Ke
Slide 9: HRJ: Strong Growth in Sales of Domestic Tiles, Sanitary Ware and Bath Fittings
HRJ: Strong Growth in Sales of Domestic Tiles, Sanitary Ware and Bath Fittings www.prismjohnson.in Revenue (₹ million) EBITDA (₹ million) 6,885 6,332 5,934 5,469 856 807 3,527 598 456 90 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY22 FY23 FY22 FY23 Tiles Sales Volume (mn m2) Tiles sales volume grew 52.2% YoY to 13.
Slide 10: HRJ: Wide Product Range with an Innovation Focus
HRJ: Wide Product Range with an Innovation Focus www.prismjohnson.in Innovations That Differentiate HRJ Anti-Static Tiles High Traffic Tiles Staircase Tiles INVESTOR PRESENTATION For The Quarter Ended June 2022 10
Slide 11: HRJ: Operates Experience Centres Across India
HRJ: Operates 18 Experience Centres Across India www.prismjohnson.in Lucknow Experience Centre INVESTOR PRESENTATION For The Quarter Ended June 2022 11
Slide 12: Prism RMC: Amongst the Leading RMC Players with a Pan-India Presence
Prism RMC: Amongst the Leading RMC Players with a Pan-India Presence www.prismjohnson.in Three technical labs that are certified by Amongst the top three players in the Pan India National Accreditation Board for Testing Quality RMC sector with pan India presence: Presence and Calibration Laboratorie
Slide 13: Prism RMC: Strong Revenue Growth Potential
Prism RMC: Strong Revenue Growth Potential www.prismjohnson.in Revenue (₹ million) EBITDA (₹ million) 3,548 3,530 96 3,167 2,928 73 2,349 11 7 (88) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY22 FY23 FY22 FY23 Strong revenue growth on YoY basis from ₹ 2,349 mn in Q1 FY22 to ₹ 3,548 mn in Q1 FY23 contributed by stro
Slide 14: Raheja QBE General Insurance (RQBE): Performance Summary
Raheja QBE General Insurance (RQBE): Performance Summary www.prismjohnson.in New products launched during the quarter: Commercial Lines: Bharat Griha Raksha, Bharat Sookshma Udyam Suraksha, Bharat Laghu Udyam Suraksha and Plate Glass & Neon Signs / Glow Signs Insurance RQBE added 77 partners during
Slide 15: Management Driving Several ESG & CSR Initiatives
Management Driving Several ESG & CSR Initiatives www.prismjohnson.in Continuous Efforts for Improved Sustainability Environment Employee Health & Safety CSR Initiatives Prism Cement’s Emissions Intensity Provided 100 on-site safety trainings Health – Provided free treatment & at 616 kg CO2 per ton o
Slide 16: Released Sustainability Report 2021-22: Concrete Steps to a Sustainable Future
Released Sustainability Report 2021-22: Concrete Steps to a Sustainable Future www.prismjohnson.in Prism Johnson’s Third Sustainability Report Prepared in accordance with Global Reporting Initiative (GRI) Standards: Core Option Assured by Ernst and Young Associates LLP The environmental and social d
Slide 17: Ambitious ESG Targets for FY25
Ambitious ESG Targets for FY25 www.prismjohnson.in Green Energy, Energy Efficiency Prism Cement: Over 50% of power consumption needs to be met from renewable sources including WHRS by FY25, vs. 36.6% during FY22 HRJ: Improve energy efficiency by 10% from the baseline year of FY22 Prism RMC: Improve
Slide 18: Consolidated (Ex RQBE) Financials Summary
Consolidated (Ex RQBE) Financials Summary: www.prismjohnson.in Strong EBITDA Recovery Sequentially in Prism Cement Division Consolidated Revenue Ex RQBE (₹ million) 17,217 16,919 11,934 7,436 6,885 5,934 6,058 6,802 3,527 3,530 3,548 2,349 Prism Cement HRJ Prism RMC Consolidated Q1 FY22 Q4 FY22 Q1 F
Slide 19: Consolidated (Ex RQBE) Financials Summary
Consolidated (Ex RQBE) Financials Summary www.prismjohnson.in Particulars (₹ million) Q1 FY22 Q4 FY22 Q1FY23 % QoQ % YoY ROCE Revenue from Operations 11,934 17,217 16,919 (1.7%) 41.8% 17.2% 14.0% EBITDA 1,526 1,534 1,548 0.9% 1.4% 10.7% 11.9% 10.1% EBITDA Margin % 12.8% 8.9% 9.1% Depreciation & Amor
Slide 20: Strong Balance Sheet
Strong Balance Sheet www.prismjohnson.in Consolidated Net Debt Ex RQBE (₹ million) Consolidated Debt Repayment Obligations (₹ mn) 20,877 4,067 4,067 19,527 19,081 18,642 18,562 10.0 000 12,343 13,066 12,534 6.4 8.0 2,140 1,986 5.4 000 4.4 6.0 3.0 3.1 4.0 000 1.8 2.0 2.1 2.0 154 000 2.1 1.9 1.9 1.7 1
Slide 21: Standalone Financials Summary
Standalone Financials Summary www.prismjohnson.in Particulars (₹ million) Q1 FY22 Q4 FY22 Q1 FY23 % QoQ % YoY Revenue from Operations 11,169 16,603 16,398 (1.2%) 46.8% - Prism Cement 6,058 6,802 7,436 9.3% 22.8% - HRJ 2,810 6,342 5,430 (14.4%) 93.2% - Prism RMC 2,349 3,530 3,548 0.5% 51.1% - Inter s
Slide 22: Market Information
Market Information www.prismjohnson.in Absolute Share Price Performance Share Price Performance vs. BSE Sensex 160 1,600 120.05 120 1,200 420 80 800 40 400 206 0 0 Apr20 Aug20 Dec20 Apr21 Aug21 Dec21 Apr22 Aug22 Apr20 Aug20 Dec20 Apr21 Aug21 Dec21 Apr22 Aug22 Value Traded on NSE + BSE (INR mn) (RHS)
Slide 23: About PRISM JOHNSON LIMITED
About PRISM JOHNSON LIMITED www.prismjohnson.in PRISM JOHNSON LIMITED is one of India’s leading integrated building materials’ companies, with a wide range of products from cement and ready-mixed concrete to tiles and bathroom products. Prism Cement Prism Cement manufactures Cement with the brand na
Slide 24: Investor Relations Contact and Safe Harbor
PRISM JOHNSON LIMITED is committed to creating long-term sustainable shareholder value through successful implementation of its growth plans. The company’s investor relations mission is to maintain an ongoing awareness of its performance among shareholders and financial community. For additional inf