Exxaro Tiles Ltd. · NSE:EXXARO
Exxaro Tiles — Q4 FY23 Earnings Presentation
32 slides from Exxaro Tiles's earnings presentation, May 30, 2023
Slide 1: Cover letter to stock exchanges
Dated: 30th May 2023 To, To, BSE Limited National Stock Exchange of India Ltd. Corporate Relations Department Corporate Relations Department Phiroze Jeejeebhoy Towers, Exchange Plaza, Block G,C/1, Bandra Dalal Street, Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai –400 051 Security Code: 543327
Slide 2: Exxaro Tiles Limited Investor Presentation Q4 FY23 & FY23
EXXARO TILES LIMITED Investor Presentation – Q4 FY23 & FY23
Slide 3: Safe Harbour
Safe Harbour This presentation may contain certain forward-looking statements relating to Exxaro Tiles Ltd. and its future business, development and economic performance. These statements include descriptions regarding the intent, belief or current expectations of the Company, its subsidiaries and a
Slide 4: Q4 FY23 & FY23 Result Highlights
Q4 FY23 & FY23 Result Highlights 3
Slide 5: Management Commentary
Management Commentary Commenting on the results, “ Mr. Mukesh Patel, Chairman and Managing Director said… ` In FY23, our company has dedicated significant attention to product innovation and improvement. This focus has led to the underutilization of our plant capacity due to ongoing product innovati
Slide 6: Financial Highlights (1/3)
Financial Highlights (1/3) Margins Total Revenue(Rs. In Mn) EBITDA(Rs. In Mn) PAT (Rs. In Mn) 12.5% 10.1% 4.5% 1.2% 937.87 831.74 103.94 94.7 37.18 12.8% -8.9% -69.73% Q-o-Q Q-o-Q Q-o-Q 11.3 Q3 FY23 Q4 FY23 Q3 FY23 Q4 FY23 Q3 FY23 Q4 FY23 Total Revenue(Rs. In Mn) EBITDA(Rs. In Mn) PAT (Rs. In Mn) 16
Slide 7: Financial Highlights (2/3)
Financial Highlights (2/3) Margins Total Revenue(Rs. In Mn) EBITDA(Rs. In Mn) PAT (Rs. In Mn) 14.9% 10.6% 5.6% 2.3% 3,253.38 3,170.93 181.00 484.41 334.94 -2.5% -30.9% -59.8% 72.99 Y-o-Y Y-o-Y Y-o-Y FY22 FY23 FY22 FY23 FY22 FY22 • Q4FY23 revenue decreased by 5.7% from Q4FY22 and by 2.5% in FY23 comp
Slide 8: Financial Highlights (3/3)
Financial Highlights (3/3) (Rs. In Mn.) Total Revenue Split Geographical Revenue Split Q4 FY22 Q4 FY23 832.55 717.50 1% 2% 17% 14% 8% 8% 42% 47% 89.19 99.63 3.81 4.95 28% 33% Q3 FY23 Q4 FY23 Own Manufacturing Outsource Others West South North East Export West South North East Export 2,923.1 2,754.2
Slide 9: Volumes
Volumes Sales Volume(in Msm) 10.66 2.81 -5.3% 2.74 14% 2.74 -8% Y-o-Y 2.38 Q-o-Q 9.34 Y-o-Y Own Manufacturing Outsource 0.51 0.40 0.38 0.40 1.51 1.12 Q4 FY22 Q4 FY23 Q3 FY23 Q4 FY23 FY22 FY23 • Sales Volumes declined by -5.3% YoY to 3.14 Msm in Q4FY23, but were up 14% QoQ vs.Q3FY23. • Volumes were s
Slide 10: Key Development During Q4 FY23
Key Development During Q4 FY23 Participation in exhibition in USA – “Covering 2023” We participated in an exhibition in USA – Covering 2023 at Orlando Florida to explore and expand opportunities in North American Markets 9 Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN
Slide 11: Profit & Loss Statement – Q4 & FY23 (Standalone)
Profit & Loss Statement – Q4 & FY23 (Standalone) Particulars (Rs. in millions) Q4 FY23 Q4 FY22 Y-O-Y Q3FY23 Q-O-Q FY23 FY22 Y-o-Y Net Revenue 937.9 994.2 -6% 831.7 13% 3,170.93 3253.38 -3% Cost of Material Consumed 263.5 247.3 220.5 831.3 925.3 Purchase 86.0 118.4 79.9 332.7 276.9 Change in Inventor
Slide 12: Profit & Loss Statement – Q4 & FY23 (Consolidated)
Profit & Loss Statement – Q4 & FY23 (Consolidated) Particulars (Rs. in millions) Q4 FY23 Q4 FY22 Y-O-Y Q3FY23 Q-O-Q FY23 FY22 Y-o-Y Net Revenue 937.9 994.2 -6% 831.7 13% 3,170.9 3253.4 -3% Cost of Material Consumed 263.5 247.3 220.5 831.3 925.3 Purchase 86.0 118.4 79.9 332.7 276.9 Change in Inventor
Slide 13: Company overview
OG ) TILES Passion for Innovation 12
Slide 14: Company At Glance
Company At Glance 2 14.6 million sq. m Single Largest Plant Manufacturing Facilities Production Capacity For manufacturing glazed vitrified tiles under one roof Located at Padra & Talod Per annum in India (Unit 2 at Talod) 1000+ 2000+ 25 states Designs Touchpoints serving metro, Domestic presence Ti
Slide 15: Key Milestones
Key Milestones 2012 2015 2022 Began setting up anew project to • Won ‘Best Display Award’ at Décor India Show and won ‘Best Stall’ at Buildtech 2015 manufacture double-charged Crossed annual sales of • Commenced the setting up of a new project at Talod in Sabarkantha district with a vitrified tiles
Slide 16: Our Unique Proposition
Our Unique Proposition Integrated Business Model In House R & D Facilities Low Cost Gas Supply Our is a Integrated Well-equipped in house We have Contract with Business Model leading to cost production facilities and ONGC for Gas Supply at our competitiveness and premium laboratories. Strict quality
Slide 17: Branding & Promotion Activities
Branding & Promotion Activities Exxaro Tiles signed Ajay Devgan as its brand Ambassador “Association with Ajay Devgan will strengthen our brand recall and position our unique offering, both to our valued customers and end-users” Branding activities undertaken: • Tiles display at each counter • Brand
Slide 18: Manufacturing Facilities
Manufacturing Facilities Unit I – Padra ,Vadodra Unit 2 – Talod,Sabarkantha • Area - 1,23,504 Sq Mt • Area - 37,460 Sq Mt • Production Capacity – 11,000,000 Sq Mt • Production Capacity - 36,00,000 Sq Mt • Exxaro Unit 2 located at Himmatnagar, Sabarkantha in • EXXARO Unit 1 based in Vadodara, Gujarat
Slide 19: Our Way forward
Our Way forward Increase our sales by Expand our dealer enhancing our Improving network in existing Strengthen Brand Increasing our export manufacturing operational markets and Value presence capacities and efficiencies through penetrating new procuring materials Technological markets on an outsourc
Slide 20: Product Profile
OG ) TILES Passion for Innovation 19
Slide 21: Product portfolio
Product portfolio Sizes In MM • 800 X 3000 • 800 X 2400 Tile Categories • 300 X 300 • 800 X 1600 • 300 X 450 1. Double Charged Vitrified • 600 X 1200 Exxaro has been a frontrunner • 300 X 600 in manufacturing tiles with: Tiles (DCVT) • 800 X 800 • 400 X 400 • 600 X 600 • 3D effect in Double Charge 2
Slide 22: Talod Plant upgradation with Big Slab production in 1200 x 1800
Talod Plant upgradation with Big Slab produciton in 1200 x 1800 Tralish olivo Dair Imperian nero 21 Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN
Slide 23: Talod Plant upgradation with Big Slab production in 1200 x 2800
Talod Plant upgradation with Big Slab produciton in 1200 x 2800 Villarica blue Okra green Breccia aurora 22 Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN
Slide 24: Talod Plant upgradation with Big Slab production in 800 x 2400
Talod Plant upgradation with Big Slab produciton in 800 x 2400 DUTCH DINO CLASSICO COASTA BROWN 23 Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN
Slide 25: Talod Plant upgradation with Big Slab production in 800 x 3000
Talod Plant upgradation with Big Slab produciton in 800 x 3000 ASEL WHITE DAIR ULTIMA GREY 24 Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN
Slide 26: New Product: Big Slab has started reaching showrooms
New Product : Big Slab has started reaching showrooms 25 Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN
Slide 27: Our Clientele
Our Clientele 26 Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN
Slide 28: Board of Directors
Board of Directors Mr. Mukeshkumar Patel Mr. Kirankumar Patel Mr. Dineshbhai Patel Promoter, Chairman and Promoter & Director Promoter & Director Managing Director (Sales & Marketing) (Operations) • Possesses approximately 20+ years of experience in • Possesses approximately 15+ years of experience
Slide 29: Awards & Recognitions
Awards & Recognitions 28 Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN
Slide 30: Quality Certifications
Quality Certifications 29 Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN
Slide 31: Historical Annual Performance Trends
Historical Annual Performance Trends Revenue (Rs. In Mn) EBITDA (Rs. In Mn) PAT (Rs. In Mn) 3,253 3,171 484 484 178 181 2,415 2,407 2,551 417 430 2,198 376 335 152 113 81 73 FY18 FY19 FY20 FY21 FY22 FY23 FY18 FY19 FY20 FY21 FY22 FY23 FY18 FY19 FY20 FY21 FY22 FY23 Net Debt(Rs. In Mn) Sales Volume (in
Slide 32: Thank You
Thank You Contact Mr. Himanshu Shah (CFO) Jaymeen Thakkar | Abhilash Agrawal Email: cfo@exxarotiles.com Email: jaymeen@s-ancial.com | abhilash@s-ancial.com Tel: 079-30555500 Tel: 9967697743 | : 7000923013 Exxaro Tiles Limited 12th Floor, D-Block, Ganesh Glory11, Nr. BSNL Office, S-ancial Technologie