Sudarshan Chemical Industries Limited · NSE:SUDARSCHEM
Sudarshan Chemical Industries — Investor Presentation (October 2018)
19 slides from Sudarshan Chemical Industries's investor presentation, October 2018
Slide 1: Investor Presentation
INVESTOR PRESENTATION October 2018
Slide 2: Safe-harbor statement
Safe-harbor statement This presentation may contain statements which reflect Management’s current views and estimates and could be construed as forward looking statements. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to d
Slide 3: Contents
Contents Group overview Financial results Business outlook 3
Slide 4: Contents: Group overview
Contents Group overview Financial results Business outlook 4
Slide 5: Sudarshan at glance
Sudarshan at glance Incepted in 1952 Manufacturer of Pigments & Effect pigments Largest pigment producer in India with 35% market share 4th largest pigment producer in the world 5
Slide 6: Fiscal year highlights
Fiscal year highlights Consolidated Pigment global revenue at ₹ revenue at ₹ FY18 PBDIT 13.3% 16,461 mill (FY18) 13,293 mill (FY18) Continuing operations margins at consol level Entire group revenue YoY growth of 17% India CSR Award Recognitions DMAI award Socially Responsible Total CSR spend at ₹ E
Slide 7: FY17-18 Consolidated Revenue
FY18 Group Revenue Group Revenue : INR 164,616 lakhs Agro Chemical Division o Agro business was low margin and non-strategic FY17-18 Consolidated Revenue from Operations in INR Lakhs o Manufacturing business has been discontinued since Apr’18 (net of excise duty) o Business Transfer Agreement conclu
Slide 8: Contents: Financial results
Contents Group overview Financial results Business outlook 8
Slide 9: Half yearly financial update
Half yearly financial update In ₹ lakhs For the Quarter 15.4% 15.5% 10.2% 8.9% Income from operations PBDIT growth 17% grew at 17% PBT* growth 34% PBDIT & *PBT (excluding other income) as percent to Total Income from operations 9
Slide 10: Half yearly financial update
Half yearly financial update H1 FY17- % to total H1 FY18- % to total Particulars (Amounts in ₹ lakhs) Change % 18 income 19 income Total income (net of excise duty) 61,490 71,966 17% Cost of goods sold 35,219 57% 41,646 58% 18% Gross margins 26,272 43% 30,320 42% 15% Employee cost 3,968 6% 4,761 7%
Slide 11: Quarterly financial update
Quarterly financial update In ₹ lakhs For the Quarter 14.9% 16.3% 10.1% 9.6% Income from operations PBDIT growth 9% grew at 20% PBT* growth 26% PBDIT & *PBT (excluding other income) as percent to Total Income from operations 11
Slide 12: Gross margin performance
Gross margin performance 42% As on 42% FY18 gross margins presented based on comparable cost of • Few raw materials increased sharply during Q2; some impact seen in goods sold to adjust for excise material availability for which planned RM stocks built up duty effect as detailed in notes • Rapid dep
Slide 13: Key ratios
Key ratios As on 31.03.2018 30.09.2018 Debt-Equity 0.81 0.52 Current ratio 1.31 1.48 EPS (basic & diluted - Annualised) 12.40 14.61 Excluding exceptional items 13
Slide 14: Business highlights
Business highlights 6 months ended • Capacity increase and backward integration projects worth ~ ₹ 200 crores under implementation • Raw materials continued at elevated levels and selling price increases pursued • The Company has adopted Hedge Accounting [Ind AS 109 Financial Instruments] with effec
Slide 15: Segment reporting
Segment reporting Particulars (Amounts in ₹ lakhs) 30.09.2018 6 months 30.06.2018 ended 30.09.2017 Segment Revenues Pigments 36,352 34,002 31,027 Others 1,358 253 489 Segment Results Pigments 3,405 4,443 3,878 Others 465 (133) 59 • Raw material price increases has lead to increase in COGS by ~ 3.2%
Slide 16: Contents: Business outlook
Contents Group overview Financial results Business outlook 16
Slide 17: Business outlook
Business outlook 6 months ended Customer price increase and tighter cost control to help maintain profitability Gains from divestment of masterbatch and Agro Formulations business to be deployed in capex for expansion of Pigment business 17
Slide 18: Thank You
Thank You SUDARSHAN
Slide 19: Growing together
— >, growing \ together... — e Spiritually fullfilled e Socially just e Environmentally sustainable e SUDARSHAN |
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