Apl Apollo Tubes Limited · NSE:APLAPOLLO
Apl Apollo Tubes — Q4 FY2018 Earnings Presentation
19 slides from Apl Apollo Tubes's earnings presentation, May 25, 2018
Slide 1: Q4 & FY18 Earnings Presentation
APL APOLLO TUBES LTD. Q4 & FY18 Earnings Presentation May 25, 2018 Infrastructure Construction Automobiles Energy Agriculture
Slide 2: Safe Harbour
Safe Harbour Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "
Slide 3: Operational & Financial Highlights Q4 & FY2018
Operational & Financial Highlights Q4 & FY2018 Infrastructure Construction Automobiles Energy Agriculture
Slide 4: Q4 FY18 – Performance Highlights
Q4 FY18 – Performance Highlights Sales Volume* (Lakh Ton) Net Revenues (Rs. Crore) EBITDA1 (Rs. Crore) PAT (Rs. Crore) Growth: 28% Growth: 40% Growth: 20% Growth: (11%) 1,519 103 50 3.01 1,082 86 2.34 45 Q4 FY17 Q4 FY18 Q4 FY17 Q4 FY18 Q4 FY17 Q4 FY18 Q4 FY17 Q4 FY18 Margins as a % of Income 7.9% 6.
Slide 5: FY18 – Performance Highlights
FY18 – Performance Highlights Sales Volume* (Lakh Ton) Net Revenues (Rs. Crore) EBITDA1 (Rs. Crore) PAT (Rs. Crore) Growth: 21% Growth: 36% Growth: 11% Growth: 5% 5,335 371 11.30 3,924 333 160 9.32 152 FY17 FY18 FY17 FY18 FY17 FY18 FY17 FY18 Margins as a % of Income 8.5% 7.0% 3.9% 3.0% • The Company
Slide 6: Key Developments
Key Developments Commissioned 6 Direct Forming Technology (DFT) lines in FY18 • The Company operationalized 6 DFT lines across its facilities of Raipur, Hosur and Murbad during the year • DFT products are witnessing a successful run across market segments, especially in the OEMs and Exports markets
Slide 7: Key Developments
Key Developments Deploying cost rationalization strategy across business model • APL Apollo is the lowest cost producer in the country, with an aim to become one of the lowest cost producer across the globe • The Company has taken several business initiatives to optimize the cost structure • Close-t
Slide 8: Abridged P&L Statement
Abridged P&L Statement Particulars (Rs. crore) Q4 FY18 Q4 FY17 Y-o-Y Shift FY18 FY17 Y-o-Y Shift Income from Operations Net Sales 1,519.4 1,082.2 40% 5,334.8 3,923.9 36% Total Income From Operations (Net) 1,519.4 1,082.2 40% 5,334.8 3,923.9 36% Total Expenditure Raw Material expenses 1,329.1 914.2 4
Slide 9: Key Financial & Operational Parameters
Key Financial & Operational Parameters Y-o-Y Y-o-Y Particulars Q4 FY18 Q4 FY17 Shift FY18 FY17 Shift (bps) (bps) EBITDA Margin 6.8% 7.9% -117 7.0% 8.5% -153 Profit Before Tax 4.4% 5.2% -80 4.6% 5.5% -93 Net Margin 2.9% 4.6% -168 3.0% 3.9% -88 Total Expenditure / Total Operating Income 93.2% 92.1% 11
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet ASSETS CONSOLIDATED CONSOLIDATED EQUITY AND LIABILITIES CONSOLIDATED CONSOLIDATED As at 31st March As at 31st March As at 31st March As at 31st March Particulars (Rs. Crore) Particulars (Rs. Crore) 2018 2017 2018 2017 ASSETS EQUITY AND LIABILITIES Non-current assets Equity
Slide 11: Key Financial & Operational Parameters
Key Financial & Operational Parameters Sales Volume Break-up Sales Volume (excluding Trading & Q4 Q4 Y-o-Y Y-o-Y Scrap) Break-up – FY18 Particulars (Tons) FY18 FY17 FY18 FY17 Shift Shift Galvanized Tubes (GI) Hollow Sections 164,089 121,710 35% 613,667 474,851 29% 10% Black Round Pipes 47,420 36,317
Slide 12: Key Financial & Operational Parameters
Key Financial & Operational Parameters Realizations (after adjusting inter-company) Particulars Q4 Q4 Y-o-Y Y-o-Y FY18 FY17 ( Rs. / Ton) FY18 FY17 Shift Shift Hollow Sections 46,416 42,178 10% 42,987 37,846 14% Black Round Pipes 45,390 41,501 9% 42,200 37,081 14% Product-wise Revenue (excluding Trad
Slide 13: Financial Overview and Discussion (YoY)
Financial Overview and Discussion (YoY) • Total Net Revenues during FY18 stood at Rs. 5,334.8 crore, registering a robust growth of 36% Y-o-Y; Q4 FY18 Net Revenues higher by 40% to Rs. 1,519.4 crore o Despite a challenging macro-environment, the Company registered healthy growth in sales volume duri
Slide 14: Financial Overview and Discussion (YoY)
Financial Overview and Discussion (YoY) • Interest cost higher by 13% YoY to Rs. 81.3 crore in FY18; in Q4 FY18, Interest cost higher by 46% YoY to Rs. 22.6 crore o Given the growing traction in the export segment and soft raw material prices in the overseas markets, the Company consciously decided
Slide 15: Management’s Message
Management’s Message Commenting on the Company’s performance for Q4 & FY2018, Mr. Sanjay Gupta, Chairman, APL Apollo said, “We have ended the fiscal on a healthy note despite challenging macro conditions. In FY2018, our sales volume grew by 21%, while in Q4 FY18, it marked a significant growth of 28
Slide 16: Annexure
Annexure Infrastructure Construction Automobiles Energy Agriculture
Slide 17: Conference Call Details
Conference Call Details APL Apollo Tubes Limited (APL Apollo) Q4 & FY18 Earnings Conference Call Time • 4.00 pm IST on Tuesday, May 29, 2018 Local dial-in numbers • +91 22 6280 1141 • +91 22 7115 8042 International Toll Free Number • Hong Kong: 800 964 448 • Singapore: 800 101 2045 • UK: 0 808 101 1
Slide 18: About Us
About Us APL Apollo Tubes Limited (APL Apollo) [BSE: 533758, NSE: APLAPOLLO] is one of India’s leading branded steel products manufacturers. Headquartered at Delhi NCR, the Company operates six manufacturing facilities with a total capacity of 1.8 Million MTPA. It has a PAN-Indian presence with unit
Slide 19: Thank You
Thank You Infrastructure Construction Automobiles Energy Agriculture