Ruchira Papers Limited · NSE:RUCHIRA
Ruchira Papers — Investor Presentation (May 2019)
27 slides from Ruchira Papers's investor presentation, May 31, 2019
Slide 1: Cover letter to stock exchanges
>) RUCHIRA Qs RPL/CS/BSE/NSE/2019-20/ To COMMITTED TO THEEAR TH The General Manager, be i 1anaging www.ruchirapapers.com 31.05.2019 National Stock Exchange of India Limited, Department of Corporate Service, Exchange Plaza, Plot No. C/1 BSE Limited, G. Block , Bandra Kurla Complex, P. J. Tower, Dalal
Slide 2: Investor Presentation
RUCHIRA PAPERS LIMITED Investor Presentation
Slide 3: Table of Contents
Company Overview Table of Contents Business Overview Industry Overview Financial Overview 2
Slide 4: Company Overview
Company Overview 3
Slide 5: About Us
About Us Incorporated in 1980. Kraft paper contributed 39% to We take great pride in revenues in 2018-19 One of the Largest manufacturers of creating a quality range of ‘Tree-Free’ papers for ‘Kraft’ and ‘Writing & Printing’ writing, high-volume print and paper in Northern India from packaging Agro
Slide 6: Our Journey
Our Journey 2017-18: a) Implemented 2015-16: Modernization Certified for FSC and De- Production chain of bottlenecking increased by custody by programmee 2007-08: de- Rainforest b) Announced Launched bottlenecking Alliance Greenfield 2006-07: Came Writing & at various project for up with an IPO Prin
Slide 7: Management Team
Management Team •Jatinder Singh, aged 65 years, is an Engineering Graduate from Punjab Mr. Jatinder Singh University. He is one of the Promoters of Ruchira Papers Limited and has been looking after the affairs of the company as a Whole Time Director. (Chairman & Whole Time Over the years, he has acq
Slide 8: Competitive Advantage
Competitive Advantage Diversified Product Strong relations with Strategic Location & PAN Dedicated Workforce Robust Balance sheet Portfolio Customers and suppliers India Presence Ruchira Papers has Understanding customer The Company has a highly Plant is located in Himachal diversified into better n
Slide 9: Awards & Recognitions
Awards & Recognitions Udyog Ratna Award by Himachal Pradesh FSC Certificate (Forest Stewardship Council) from Rain in 2005 ISO 9001 : 2015 Forest Alliance, New York, USA Appreciation Award from Himachal Pradesh Certificate of Excellence Corrugated Box Manufactures Association in the year from INC 50
Slide 10: Business Overview
Business Overview 9
Slide 11: Our Products
Our Products Manufactured by using agricultural residues, such as wheat straw, Baggase, sarkanda, Softwood Pulp and other materials Writing and Printing paper is used in the fabrication of note books and writing & publishing material; coloured paper is used in the fabrication of spiral notebooks
Slide 12: Plant Location & Capabilities
Plant Location & Capabilities • Plant located at Kala Amb, in District Sirmaur of Himachal Pradesh and well connected to state and national highways • For Writing Paper & Printing unit the Company has set up 8.1 MW Power Co-generation plant for captive purpose to get uninterrupted power supply for i
Slide 13: Industry Overview
Industry Overview 12
Slide 14: Industry Highlights
Industry Highlights The domestic demand of paper in India has been growing at a CAGR of 6.7% and is likely to touch 23.5 million tonnes in FY 25 In spite of the sustained growth witnessed by the industry, the per capita paper consumption in India stands at a little over 13 kg which is well below the
Slide 15: Paper Industry Financials
Paper Industry Financials Domestic Paper Demand (In Mn tonnes) Imports Exports 18 17.1 3500 3002 3168 15.3 16 3000 2610 14 12.8 2347 Thousand Tonnes 2254 2500 2028 12 10 9.3 2000 1500 8 978 656 660 6 1000 508 534 624 4 500 2 0 0 FY13 FY14 FY15 FY16 FY17 FY18 FY08 FY13 FY16 FY 18 Segment wise Demand
Slide 16: Demand Drivers-Indian Paper Industry
Demand Drivers-Indian Paper Industry The per capita personal disposable income surged from Rs 73,476 in FY12 to Rs. 1,19,296 in FY17 at a CAGR of 10.2%. Also, the per capita private final consumption expenditure Rising income too rose from Rs 40,250 in FY12 to Rs.68,049 in FY17 at a levels. Growing
Slide 17: Key Challenges-Indian Paper Industry
Key Challenges-Indian Paper Industry • On account of cheaper imports the • Inadequate availability of raw domestic industry has faced material domestically possesses a challenges in pricing its products. major constraint for the Indian • With FTAs and lower costs, imports Paper Industry are expected
Slide 18: Financial Overview
Financial Overview 17
Slide 19: Quarterly Highlights
Quarterly Highlights Revenue from Operations (Rs. In cr) EBIDTA (Rs. In cr) 135 128.64 25.00 130 20.65 124.44 19.31 20.00 125 120 15.00 12.97 115 107.33 10.00 110 105 5.00 100 95 0.00 Q4FY19 Q4FY18 Q3FY19 Q4FY19 Q4FY18 Q3FY19 PAT (Rs. In cr) PBT (Rs. In cr) 12.00 18.00 16.54 10.26 16.00 14.06 10.00
Slide 20: Q4FY19 Performance Highlights
Q4FY19 Performance Highlights Q4FY19 Performance Overview Production highlights: WPP: Production during Q4FY19 was 13397 • Revenue from operations stood at Rs. 128.64 cr. MT. • EBIDTA at Rs. 20.65 cr; EBIDTA margins stood at Kraft Paper: Production during Q4FY19 was 20994 MT 16.05 % Net Sales Realiz
Slide 21: Revenue Break-up & Margins
Revenue Break-up & Margins 600 18.00% 70.00% 16.57% 16.62% 15.33% 16.00% 60.00% 500 13.10% 14.00% 50.00% 400 11.40% 12.00% Percentage (%) Percentage (%) 40.00% Rs. In crore 10.00% 8.50% 300 8.15% 62.35% 62.19% 7.68% 61.00% 58.81% 57.83% 8.00% 30.00% 5.37% 42.17% 200 6.00% 41.19% 39.00% 37.81% 37.65%
Slide 22: Financial Performance
Financial Performance Total Income (Rs. In cr) PAT (Rs. In cr) 500 45 450 40 400 35 350 30 300 25 250 495.88 418.10 451.35 20 38.24 40.24 200 347.92 363.73 15 32.05 150 100 10 19.47 5 12.83 50 0 0 FY15 FY16 FY17 FY18 FY19 FY15 FY16 FY17 FY18 FY19 EBIDTA (Rs. In cr) PBT (Rs. In cr) 90 70 80 60 70 50
Slide 23: Key Ratios
Key Ratios ROE ROCE 30.00% 25.15% 25.06% 23.60% 25.00% 21.39% 19.61% 20.00% 20.98% 19.98% 15.00% 16.13% 16.29% 10.00% 12.19% 5.00% 0.00% FY15 FY16 FY17 FY18 FY19 Interest Coverage ratio 0.3 0.28 0.28 Debt to Equity 14.00 0.25 12.09 0.22 0.21 12.00 11.37 0.2 10.00 8.74 8.00 7.46 0.15 0.11 6.00 0.1 4.
Slide 24: Production Highlights
Production Highlights 60.00% 90000 54.13% 50.71% 51.22% 48.18% 48.46% 80000 50.00% 70000 40.00% 60000 In Metric Tons Percentage 50000 30.00% 77287 40000 67999 66426 19.43% 19.35% 54021 20.00% 16.81% 16.85% 16.92% 30000 52028 51544 50351 47425 47074 43387 20000 10.00% 10000 0.00% 0 FY15 FY16 FY17 FY1
Slide 25: Key Statistics & Shareholding as on 31 March 2019
Key Statics & Shareholding as on 31 March, 2019 Key Investors (%) holding Shareholding (%) Non Institutions:: Dolly Khanna 1.11 35.25% 64.07% Key Statistics As on 28th May, 2019 0.68% CMP (Rs.) 106 Market Cap (Rs. In crore) 257 No. of outstanding shares 2.42 (Crore) Promoter & Promoter Group Institu
Slide 26: Disclaimer
Disclaimer This presentation and the following discussion may contain “forward looking statements” by Ruchira Papers Limited (“Ruchira” or “RPL” or the “Company”) that are not historical in nature. These forward looking statements, which may include statements relating to future results of operation
Slide 27: Contact Details
Contact Details Ruchira Papers Limited Mr. Vipin Gupta (CFO & Executive Director) Email: vipingupta@ruchirapapers.com; Mr. Vishav Sethi (Company Secretary) Email: cs@ruchirapapers.com Website : www.ruchirapapers.com 26