Sirca Paints India Ltd. · NSE:SIRCA
Sirca Paints India — H2FY19 Earnings Presentation
13 slides from Sirca Paints India's earnings presentation, May 30, 2019
Slide 1: Sirca Paints India Limited – Cover letter to NSE
~ SIRCA PAINTS INDIA LIMITED (Formerly known as Sircolor Wood Coatings Pvt. Ltd.) 9 Plot No-50, Badli Industrial Area, Phase-2, New Delhi-110042 & 011-42083083 / 47533213 «x info@sircolor.in @ www.sircapaints.com CIN NO :L24219DL2006PLC145092 TO, LISTING DEPARTMENT NATIONAL STOCK EXCHANGE OF INDIA L
Slide 2: Sirca Paints India Limited H2FY19 Result Presentation
01 SIRCA PAINTS INDIA LIMITED H2FY19 Result Presentation NSE: SIRCA | Bloomberg: SIRCA:IN | CIN: L24219DL2006PLC145092
Slide 3: Company Overview
01 Company Overview • Incorporated by Mr. Sanjay Agarwal and Mr. Gurjit Singh Bains in 2006 as ‘Sircolor Wood Coatings Private Limited’. • We deal prominently in premium wood, glass, metal coating products under the brand name ‘Sirca’. • We have an exclusive tie-up with Sirca S.p.A (Italy) for distr
Slide 4: Company Snapshot
02 Company Snapshot Marketer of Premium Exclusive tie-up with Market leader in North Manufacturing Facility Wood, Metal and Glass Sirca S.p.A Italy for India going live in July-2019 Coating Products Bangladesh, Nepal, Sri Lanka and India OEM vs Retail Revenue Number of dealers – 500+ Team Size – 200
Slide 5: Customer Segments
03 Customer Segments OEMs Retail 30% revenue contribution. 70% revenue contribution. Key clientele includes: Godrej, Jindal Strong dealer network of 500+ dealers. Stainless, Indoline, Space Wood, Pyramid, MAS Furniture, Alsorg, Soundarya Growth strategy: Decorators etc. 1. Chain of studios being ope
Slide 6: Product Portfolio
04 Product Portfolio Entire range of product portfolio available to our channel partners 1. Wood Coatings • Wood Stains New Additions through Manufacturing Facilities • Polyurethane Polish (PU) • Melamine • Polyester (Lamination) • Economical PU • Acrylic Finishes • NC Products • UV Products • Thinn
Slide 7: Financial Summary
05 Financial Summary Profit & Loss Statement (In Crores) Particulars 2015 2016 2017 2018 2019 Revenue from Operations 65.25 70.54 82.51 89.22 125.34 Total Income 69.76 72.66 84.34 93.57 131.46 Total Operating Expenses 59.66 60.91 62.30 63.26 93.81 EBITDA (Excluding OI) 5.59 9.63 20.21 25.96 31.53 EB
Slide 8: Financial Summary – Balance Sheet
06 Financial Summary Balance Sheet (In Crores) Particulars 2015 2016 2017 2018 2019 Shareholders Fund 13.14 20.42 34.12 67.63 167.78 Non Current Liabilities 0.43 0.23 0.02 0.33 0.63 Current Liabilities 19.82 24.41 27.14 26.57 32.29 Total 33.41 45.07 61.31 94.56 200.72 Non Current Assets 4.29 4.94 9.
Slide 9: Financial Summary – Quarterly Result
07 Financial Summary Quarterly Result Profit & Loss Statement (In Crores) Balance Sheet (In Crores) Particulars H1FY19 H2FY19 Particulars H1FY19 H2FY19 Revenue from Operations 61.39 63.94 Shareholders Fund 153.88 167.78 Total Income 62.63 68.83 Non Current Liabilities 0.45 0.63 Total Operating Expen
Slide 10: Management Commentary
08 Management Commentary Entry into wall paints segments Marketing Initiatives • Sirca has entered the wall paints segment with the • Shop-to-shop visibility: we have installed hoarding objective of strengthening its position in premium and boards at shops of our various dealers. segment of Indian P
Slide 11: Financial Ratios
09 Financial Ratios EBITDA (Excluding OI and Exceptional Items) % EBITDA (Excluding OI and Exceptional Items) % PAT % 30.00% 30.00% 25.00% 29.10% 29.10% EBITDA (Excluding OI and Exceptional Items) % EBITDA (Excluding OI and Exceptional Items) % 20.00% 20.70% 24.50% 24.20% 24.50% 24.20% 20.00% 20.00%
Slide 12: Contact Us
10 Contact Us Mr. Chahat Mahajan Company Secretary and Compliance Office Sirca Paints India Limited cs@sircapaints.com Mr. Sayam Pokharna Integrated Reporting Advisor The Investment Lab sayam@theinvestmentlab.in Sirca Paints India Limited Result Presentation
Slide 13: Disclaimer
11 Disclaimer 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 current after th