Prism Johnson Limited · NSE:PRSMJOHNSN
Prism Johnson — Q3 FY2020 Earnings Presentation
17 slides from Prism Johnson's earnings presentation, Feb 11, 2020
Slide 1: Exchange filing cover letter
PRISM JOHNSON LIMITED (FORMERLY PRISM CEMENT LIMITED) Ref. : ASK/UD/2019-20/Q-3 IP February 11, 2020 The National Stock Exchange (India) BSE Limited, Ltd., Exchange Plaza, Bandra-Kurla Corporate Relationship Department, Complex, Bandra (East), P. J. Towers, Dalal Street, Fort, Mumbai- 400 051. Mumba
Slide 2: Investor Presentation for the Quarter ended December 2019
(Formerly Prism Cement Limited) AMONGST INDIA’S LEADING INTEGRATED BUILDING MATERIALS COMPANY Investor Presentation For the Quarter ended December 2019 February’ 20 1 www.prismjohnson.in
Slide 3: Quarter ended December 2019 – Executive Summary
Quarter ended December 2019 – Executive Summary q During Q3FY20, Consolidated EBITDA (ex of insurance subsidiary, RQBE) grew by ~9% to ~₹ 1351mn amidst overall economic slowdown and prolonged monsoon, especially affecting clinker and concrete volumes q For 9mFY20, Consolidated HRJ EBITDA margins wer
Slide 4: Quarter ended December 2019 – Executive Summary (continued)
Quarter ended December 2019 – Executive Summary q Cement Division’s EBITDA per ton improved to ~₹ 753 as against ~₹ 703 reported during quarter ended December 2018. Improvement was mainly on account of higher realizations offsetting overall increase in costs q Cement volumes for the quarter ended De
Slide 5: Quarter ended December'19 – PJL Consolidated and Standalone Financials
Quarter ended December’ 19 – PJL Consolidated (ex RQBE) and Standalone Financials Conso. Segment Revenue (Rs mn) Conso. Segment EBITDA (Rs mn) 7000 6586 1200 6170 1043 1054 5725 6000 1000 5000 4678 4633 4488 781 3731 800 4000 3442 3457 3000 600 2000 400 233 199 1000 200 131 75 45 57 0 Cement HRJ RMC
Slide 6: Prism Cement – EBITDA improvement on the back of higher realizations
Prism Cement – EBITDA improvement on the back of higher realizations EBITDA per ton, Rs 1,111 Cement Division Cement & Clinker Sales Volume, mn ton 1009 971 834 753 703 6.3 588 615 1.7 1.6 1.5 1.8 1.3 1.4 1.3 Q1FY19 Q1FY20 Q2FY19 Q2FY20 Q3FY19 Q3FY20 Q4FY19 FY19 q During Q3FY20, Cement volumes were
Slide 7: Marketing & Branding Activities and Recognition
Marketing & Branding Activities and Recognition Prayagraj Prayagraj Airport Airport Belt Arrival hall Varanasi Train Airport Branding 6
Slide 8: HRJ – sustained operating performance
HRJ – sustained operating performance 17,408 HRJ Division (Standalone) 5,075 3,983 4,208 4,097 4,254 4,304 4,082 Q1FY19 Q1FY20 Q2FY19 Q2FY20 Q3FY19 Q3FY20 Q4FY19 FY19 -73 -63 -72 -92 -103 -84 -109 Sales, Rs mn EBIT, Rs mn -309 q During the quarter tiles volume grew by 3% on yoy basis. Consolidated r
Slide 9: Marketing collaterals, product launch event and outdoor campaigning
Marketing collaterals, product launch event and outdoor campaigning Johnson Smart Tiles 36% 39% 39% 23% 36% 39% 41% 39% 43% 39% 39% 36% 39% 41% 39% 87% 60% 34% 23% 23% 21% 23% 23% 21% 11% 16% www.prismjohnson.in 8
Slide 10: RMC (India) – Performance impacted due to heavy monsoon and liquidity tightness
RMC (India) – Performance impacted due to heavy monsoon and liquidity tightness RMC Division 14,807 Sales, Rs mn EBIT, Rs mn 173 106 45 3,733 3,704 9 3,403 3,457 3,731 3,442 3,939 18 5 Q1FY19 Q1FY20 Q2FY19 Q2FY20 Q3FY19 Q3FY20 Q4FY19 FY19 -18 -45 q During the quarter, revenues de-grew by ~8% to ₹ 34
Slide 11: RMC (India) – Product display at Innovation Galleries
RMC (India) – Product display at Innovation Galleries Cochin Bangalore Noida Indore Thiruvananthapuram www.prismjohnson.in 10
Slide 12: ESG initiatives – efforts to gain momentum
ESG initiatives – efforts to gain momentum Environment stands out as a key issue in ESG analysis. Prism Johnson is committed towards achievement and maintenance of high standards of Environment, Health and Safety issues at all plants and offices. The Company even has few firsts as outlined below: •
Slide 13: ESG initiatives
ESG initiatives - With the objective of giving back to the society several initiatives were conducted during the quarter at PAN India level: • Free medical assistance to nearby villagers and organization of free mega medical camps at Satna • Awareness on addiction and its health effects amongst empl
Slide 14: Debt/Equity ratio and Debt/EBITDA ratio marginally up in 9mFY20
Debt/Equity ratio and Debt/EBITDA ratio marginally up in 9mFY20 Standalone Ratios 2.02 1.88 1.86 8 1.82 1.64 7 1.62 7.2 1.45 1.34 1.42 1.23 6 6.3 1.22 1.02 5.6 5 0.82 Based on trailing 4 0.62 3.9 12m EBITDA 0.42 3 0.22 2.7 0.02 2.5 2 FY15 FY16 FY17 FY18 FY19 9mFY20 Standalone Net Debt / Equity (x) S
Slide 15: Raheja QBE General Insurance (RQBE) – way forward
Raheja QBE General Insurance (RQBE) – way forward q Joint Venture with QBE group of Australia with Prism Johnson stake at 51%. q Raheja QBE till recently had a liability led specialist insurance focus. Foray into retail business q New brand identity introduced with the core messaging of 'Your Kind o
Slide 16: About PRISM JOHNSON LIMITED
About PRISM JOHNSON LIMITED PRISM JOHNSON LIMITED is one of India’s leading integrated Building Materials’ Company, with a wide range of products from cement, ready-mixed concrete, tiles and bathroom products. Prism Cement Prism Cement manufactures Cement with the brand name 'Champion' and premium q
Slide 17: About PRISM JOHNSON LIMITED – Investor Relations
About PRISM JOHNSON LIMITED Investor Relations PRISM JOHNSON LIMITED is committed to creating long-term sustainable shareholder value through successful implementation of its growth plans. The company’s investor relations mission is to maintain an ongoing awareness of its performance among sharehold