Cherat Packaging Limited · PSX:CPPL
Cherat Packaging — Investor Presentation (September 2022)
14 slides from Cherat Packaging's investor presentation, Sep 8, 2022
Slide 1: Analyst Briefing
ANALYST BRIEFING (Via Zoom) Date: Thursday, 08 September, 2022 Time: 5:00 PM – 6:00 PM
Slide 2: Disclaimer
DISCLAIMER THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL ANY SECURITIES OR ANY INVESTMENT This presentation has been prepared by Cherat Packaging Limited (CPL) solely for information purposes. No representation or warranty express or implied is made thereto, and no rel
Slide 3: The Founder – Late Mr. Ghulam Faruque (CIE, HPK, OBE)
A N A L Y S T B R I E F I N G THE FOUNDER – LATE MR. GHULAM FARUQUE (CIE, HPK, OBE) • A visionary and highly respected name in industry circles • Spearheaded development of Pakistan’s industry and laid the foundation of country’s industrialization. HONOURS CONFERRED • Office of the Order of the Brit
Slide 4: Group Structure
A N A L Y S T B R I E F I N G GROUP STRUCTURE Faruque Pvt. Limited Parent Company
Slide 5: Journey at a Glance
A N A L Y S T B R I E F I N G JOURNEY AT A GLANCE
Slide 6: Papersack Division
A N A L Y S T B R I E F I N G PAPERSACK DIVISION Key features: • Major Plant Suppliers and Strategic Partners • 5 production lines • Production capacity of 400 million bags per annum • Exclusive rights for Select Paper from Mondi Packaging • Acquisition of Universal Papersack line in October 2017 •
Slide 7: Polypropylene Division
A N A L Y S T B R I E F I N G POLYPROPYLENE DIVISION Key features: • Major Plant Supplier and Strategic Partner Windmöller & Hölscher • 4 production lines • Production capacity of 260 million bags per annum • Expansion of line 4 in 2022 • Highest production capacity in industry • Produces lowest gra
Slide 8: Flexible Packaging
A N A L Y S T B R I E F I N G FLEXIBLE PACKAGING Key features: • Major Plant Suppliers • State-of-the-art production line • Extrusion, Laminator, Rotogravure, Flexographic printing, Bag making, Cylinder & plate making • Only Company to enter with entire line of equipment • Current production capacit
Slide 9: Main Events FY 2021-22
MAIN EVENTS A N A L Y S T B R I E F I N G FY 2021-22 • Decrease in cement demand • Increasing raw material cost • Major devaluation of Pak Rupee • 800 bps increase in discount rates by SBP • Supply chain issues • Upward spiral trend of energy cost and POL products • Super tax levied
Slide 10: Statement of Profit or Loss
A N A L Y S T B R I E F I N G STATEMENT OF PROFIT OR LOSS 2022 2021 Variance % ------------------- Rupees in '000 ------------------- Revenue 13,502,519 11,255,102 2,247,417 19.97% Cost of goods sold (11,187,790) (9,317,477) (1,870,313) 20.07% Gross profit 2,314,729 1,937,625 377,104 19.46% Selling
Slide 11: Performance Trend
A N A L Y S T B R I E F I N G PERFORMANCE TREND Revenue Net profit 15,000 1,000 885 855 13,503 800 13,000 711 563 Rs. in Million Rs. in Million 600 11,255 11,000 400 9,436 9,000 200 8,093 70 7,000 7,091 - 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022
Slide 12: Key Financial Ratios
A N A L Y S T B R I E F I N G KEY FINANCIAL RATIOS GROSS PROFIT PROFIT BEFORE TAXATION PROFIT AFTER TAXATION JUN 2022 JUN 2021 JUN 2022 JUN 2021 JUN 2022 JUN 2021 17% 17% 10% 11% 6.5% 8% EARNINGS PER SHARE INTEREST COVER RATIO DEBT TO EQUITY RATIO JUN 2022 JUN 2021 JUN 2022 JUN 2021 JUN 2022 JUN 202
Slide 13: Current Issues & Future Prospects
A N A L Y S T B R I E F I N G CURRENT ISSUES & FUTURE PROSPECTS • Cement Demand • PKR parity against foreign currencies (esp. USD and Euro) • Discount rates • Purchasing power of general public (directly impact FPD) • Inflation • Government policies • Power cost • Export opportunities • Diversificat
Slide 14: Thank You for Your Attention Q&A
A N A L Y S T B R I E F I N G THANK YOU FOR YOUR ATTENTION Q&A
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