Pokarna Limited · NSE:POKARNA
Pokarna — Q3 FY2017 Earnings Presentation
20 slides from Pokarna's earnings presentation, Feb 13, 2017
Slide 1: Cover letter to stock exchanges
) February, 13", 2017 Department of Corporate Services, Listing Department, Bombay Stock Exchange Limited, National Stock Exchange of India Ltd, Phiroze Jeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai — 400001. Mumbai ~ 40005 |. Dear Sir, Ref: Scrip no / Sym
Slide 2: Q3 & 9M FY17 Results Presentation
Q3 & 9M FY17 Results Presentation Feb - 2017 CIN: L14102TG1991PLC013299
Slide 3: About us
About us What We Do ? Pokarna Limited, headquartered in Secunderabad, is the leading exporter of finished granite and largest exporter of Quartz surfaces in India. It exports to 50+ countries, predominantly US and Canada and also to countries in Europe and the Middle East. The Company processes it
Slide 4: Table of Content / Safe Harbour
Table of Content Safe Harbour No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not
Slide 5: Performance Highlights – 9M FY17 (Consolidated)
Performance Highlights – 9M FY17 (Consolidated) Revenue -5% 281 3% Quartz Surface 58% Granite 39% Apparel EBITDA 3% 105 Figs. in Cr PAT 13% 52 Quartz Surface Revenue Growth 4
Slide 6: Financial Performance - Consolidated
Financial Performance - Consolidated Revenues for 9M FY17 reduced by 5% to Rs. 281 crore, owing to slow performance of Granite business. Operating profitability for 9M FY17 expanded by 3% owing to greater presence of high margin Quartz business. PAT for 9M FY17 stood at Rs. 52 crore, higher by
Slide 7: Segmental Performance
Segmental Performance
Slide 8: Segmental Performance
Segmental Performance Revenue 9MFY17 9MFY16 Shift % Granite 109 138 -21 Rs. Crore Quartz 164 152 8 Surfaces Apparel 7 6 17 EBIT 9MFY17 9MFY16 Shift % Granite 24 39 -38 Rs. Crore Quartz 71 59 20 Surfaces Apparel (5) (7) 28 Capital 9MFY17 9MFY16 Shift % Employed Granite 98 93 5 Rs. Crore Quartz Surfac
Slide 9: Segmental Performance by business
Segmental Performance 48 39 36 34 Performance of the business reflective of Granite on-going challenging environment. 9 7 10 8 Q4FY16 Q1FY17 Q2FY17 Q3FY17 55 56 52 53 Quartz business continues to perform Quartz Surfaces well on the back of steady demand. 24 22 25 23 Focus on product innovation, tapp
Slide 10: Key Developments
Key Developments CAPEX PESL partners IKEA • PESL to embark on a greenfield project to • PESL partnered IKEA to serve as its exclusive expand production capacity by 130%. quartz surfaces supply and installation partner for Indian Market. • Project cost (Rs. 325 cr) to be funded through mix of interna
Slide 11: Key Developments
Key Developments Value unlocking Commissioning of new Granite quarry • Dedicated towards deploying business • Commenced the operations of new quarry. resources to productive and profit generating stone businesses. • Location - Buduruvada (Village), Parvathipuram (Mandal), Vizianagaram • Setting up o
Slide 12: Balance Sheet – Rs. Cr (Consolidated)
Balance Sheet – Rs. Cr (Consolidated) Net worth 9M FY17 131 9M FY17 239 assets Fixed 9M FY16 78 9M FY16 240 FY16 97 FY16 239 Inventories Long Term 9M FY17 171 9M FY17 91 Debt 9M FY16 202 9M FY16 80 Liabilities Assets FY16 179 FY16 89 Short Term 9M FY17 77 9M FY17 69 Debtors Debt 9M FY16 90 9M FY16 7
Slide 13: FY17 – Priorities remain the same
FY17 – Priorities remain the same Build strong & innovative product pipeline Improve operational efficiencies Focus on branding Widen reach and presence 12
Slide 14: Outlook
Outlook
Slide 15: Outlook
Outlook Granite Near term challenging – Excessive supply push by industry participants leading to weakening of realisations. Currency headwinds as well impacting business. Quartz Pick-up in construction activity and increased spending As per Freedonia Group’s latest report, demand on improveme
Slide 16: Company Overview
Company Overview
Slide 17: Granite
Granite State-of-the-art Manufacturing Facilities Backward Integrated – Sourcing majority of raw Fully automated production line – Cutting edge material from captive quarries. technology armed with fully computer-controlled high speed polishing lines transforms granite from its crude Captive q
Slide 18: Quartz Surfaces
Quartz Surfaces Pokarna Engineered Stone Limited (PESL) – wholly State-of-the-art Manufacturing Facilities owned subsidiary of Pokarna Ltd., is India’s largest manufacturer and exporter of engineered stone Fully automated production line. surfaces. Best in business technology - Bretonstone® Sy
Slide 19: Apparel
Apparel Launched in 2004, Stanza focuses on premium product / lifestyle brand category for men & children. Reach – 8 exclusive outlets Other leading retail outlets Factory: Survey No: 33,39,50,51,55,68 & 69, Apparels Export Park, Gundla Pochampally, Village, Medchal Mandal, R.R. District, Te
Slide 20: Investor Contacts
Investor Contacts For more information about us, please visit www.pokarna.com or contact: Vinay Paruchuru Gavin Desa / Suraj Digawalekar Pokarna Limited CDR India 105, 1st Floor, Surya Towers, S. P. Road, Tel: +91 22 6645 1237 / 1235 Secunderabad, Telangana – 500003 Fax: +91 22 6645 1213 Tel: +91 40