Star Cement Ltd. · NSE:STARCEMENT
Star Cement — Q4 FY24 Earnings Presentation
26 slides from Star Cement's earnings presentation, Jun 27, 2024
Slide 1: Stock exchange cover letter for investor presentation
Date: 27th June, 2024 To To The Listing Department, The Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block-G Phiroze Jeejeebhoy Towers Bandra Kurla complex, Bandra-East Dalal Street Mumbai-400 051 Mumbai-400 001 Stock code: STARCEMENT Stock code: 54057
Slide 2: Investor Presentation – Quarter 4 FY24
STAR CEMENT LIMITED – CREATING A BETTER TOMORROW Investor Presentation – Quarter 4 FY24 NSE Ticker: STARCEMENT | BSE Ticker: 540575 | Bloomberg Ticker: STRCEM:IN Q4 Presentation | MAR 2024 0
Slide 3: Contents
Contents Know us Better: Company Snapshot 2 Cement industry outlook: Poised for 10 strong growth Sustainability & CSR: Integrating as 13 key business principles Leading from the front: Our management team 18 Financial Highlights 21 1
Slide 4: Know Us Better: Company Snapshot
Know Us Better: Company Snapshot 2
Slide 5: Star Cement – Company snapshot
Star Cement – Company snapshot Star Cement Limited is one of the leading names among Eastern India's cement manufacturers. The organisation has created a strong brand recall with its endeavor to maintain superior quality product, comprehensive supply chain eco- system, and unmatched efforts to uplif
Slide 6: Key operational achievements of FY24
Key operational achievements of FY24 Sales volume Lac tons EBITDA/ton1 INR/ton Clinker Pdn. Lac tons 10% 44.04 1323 27.2 28.1 40.1 1234 1297 34.1 1037 1116 22.2 21.8 28.8 19.1 26.4 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 Blended cement (%) Premium % Sales Pattern 1
Slide 7: Largest cement manufacturer in North-East India
Largest cement manufacturer in North-East India Siliguri GU, WB Current capacities Current capacity– 2MTPA 7.7 MTPA 6.1 MTPA Guwahati GU, Assam Current – 4MTPA Cement pdn. Clinker pdn. capacity capacity Lumshnong Integrated unit, Meghalaya 51 MW 12.3 MW Current clinker – 6.1MTPA Current grinding – 1
Slide 8: Comprehensive product offerings under the brand
Comprehensive product offerings under the brand Ordinary Portland Portland Pozzolana Anti-Rust Cement Weather Shield Cement (OPC) Cement (PPC) (ARC) Cement (WSC) OPC PPC OPC 43: PPC: ARC: WSC: Suitable for construction Ideal for mass A highlight of Star Star Weather Shield where the grade of concret
Slide 9: A history of excellent execution and sustained expansion
A history of excellent execution and sustained expansion Capacities FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 FY271 Plan to take cement capacity Clinker capacity 2.8 2.8 2.8 2.8 2.8 6.1 6.1 6.1 6.1 to ~12MTPA by FY27. Cement capacity 3.67 5.67 5.67 5.67 5.67 7.67 7.67 9.67 11.67 First plant setup Ceme
Slide 10: Endorsing a better future
Endorsing a better future Annual advertising and Brand Promotion Star Weather Shield Cement, the Maverick Investment (INR Cr.) product from Star Cement 32.89 33.53 32.94 29.67 26.20 21.28 FY19 FY20 FY21 FY22 FY23 FY24 In Q4, We continued with the promotion of Star Weather Shield, the super premium c
Slide 11: The technological edge
The technological edge Star link app (14300+ Users): Business WhatsApp: Facilitating loyalty program for Star Cement official business WhatsApp Masons who use Star Cement in number is a medium where all queries faced by customers, channel partners their various projects to earn etc. are resolved wit
Slide 12: Cement Industry Outlook: Poised for strong growth
Cement Industry Outlook: Poised for strong growth 10
Slide 13: India is rising as an economic powerhouse
India is rising as an economic powerhouse HSBC India Global Manufacturing PMI • Manufacturing PMI sustaining above 57 in April and May’25, upbeat outlook. • Manufacturing employment rose to the greatest extent since FY2005. • Highest level of positive sentiment towards growth prospects shown by Indi
Slide 14: Demand drivers firmly in place
Demand drivers firmly in place • RBI forecasts FY25 full year GDP growth estimate from at 7.2%. Macro indicators • Estimates suggest India grew by 8.4% in FY24; S&P Global ratings retained FY25 GDP forecast at 6.8%. • Urban housing demand is recovering post FY23 with strong pipeline of launches by r
Slide 15: Sustainability & CSR: Integrating as key business principles
Sustainability & CSR: Integrating as key business principles 13
Slide 16: Social initiatives
Social initiatives • 8 health & eye check-up camps org. benefiting over 2400 people with free check-up, medicine & spectacles Health and • Drinking water system i.e., ring well, water reservoir etc. developed at community level & social institutions Sanitation • Over 100 TB patients, 80 specially ab
Slide 17: Social initiatives
Social initiatives • School Infrastructure Development took place covering around 3000 students across 7 schools • Computer Education, Shyam Shishu Mandir & Kala Mandir classes ongoing with other extra-curricular activities Education • Adult Education for 24 persons is operational; Desk-Bench suppor
Slide 18: ESG Update
ESG Update Decoding ESG (Environment, Social and Governance) compliance Environment Social Governance Refers to how an Refers to how Includes corporate organisation businesses impact governance and operates within their stakeholders business integrity. the physical, such as customers, Corporate natu
Slide 19: ESG Goals and Targets
ESG Goals and Targets Modules Target Present Status Green energy Green energy share Group captive 26MW project is in planning stage. (Q4 ~ 35%) of 55% by FY26. Existing WHRS– 12.3MW; Upcoming – 12MW (New clinker line) Thermal Substitution Design and Engineering completed. Order placed; site 15% by F
Slide 20: Leading from the front: Our management team
Management Team Leading from the front: Our management team 18
Slide 21: Directed by a versatile group of promoters & directors
Directed by a versatile group of promoters & directors Mr. Sajjan Bhajanka Mr. Rajendra Chamaria Chairman & Managing Director Vice Chairman & Managing Director Experience: 50 years’ experience in Experience: 36 years’ experience in cement plywood, laminates, ferro alloys and and concrete sleepers' i
Slide 22: Superior governance through a diverse leadership team
Superior governance through a diverse leadership team Mr. Vinit Mr. Manoj Mr. Pradeep Mr. Sundaram Mr. Samar Mr. Kanak Kumar Tiwari Agarwal Purohit Srinivasan Banerjee Kumar Chhangani Chief Executive Chief Financial Chief Operating Chief Manufactg. Chief Human Chief Mineral Officer Officer Officer O
Slide 23: Financial Highlights
Financial Highlights 21
Slide 24: Quarterly highlights that matter
Quarterly highlights that matter Sales Volume - Cement Revenue - cement sales Total EBITDA Profit after tax (PAT) ~12% ~11% ~5% ~9% Lacs tons INR Cr. INR Cr. INR Cr. 13.85 890 188 179 96 800 87 12.35 Q4 FY23 Q4 FY24 Q4 FY23 Q4 FY24 Q4 FY23 Q4 FY24 Q4 FY23 Q4 FY24 ❑ Industry leading volume growth of
Slide 25: Consolidated financial statements
Consolidated financial statements Particulars UoM Q4 FY24 Q4 FY23 FY24 FY23 Equity Share Capital INR Cr 40 40 40 40 Reserves & Surplus INR Cr 2,673 2,376 2,673 2,376 Net Worth INR Cr 2,713 2,416 2,713 2,416 Revenue INR Cr 922 829 2,937 2,757 EBIDTA INR Cr 188 179 583 520 PBT INR Cr 141 143 423 380 T
Slide 26: Safe harbour clause
Safe harbour clause The given communication, except for historical information reflect current estimates and views of the management and 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 such