Sunshine Holdings Plc · CSELK:SUN.N0000
Sunshine — 2QFY22 Earnings Presentation
16 slides from Sunshine's earnings presentation, Nov 11, 2021
Slide 1: Earnings Presentation 2QFY22
Earnings Presentation 2QFY22 11th November 2021
Slide 2: Group Performance
Group Performance
Slide 3: Group at a Glance – 2QFY22
Group at a Glance – 2QFY22 Note: Reported 2QFY21 does not include results of Akbar Pharmaceuticals Ltd (APL) and includes only one-month (September 2020) results of Daintee Ltd • LKR 8.5bn in Revenue; +37.2% YoY • LKR 1.4bn PAT; +93.3%YoY • PATMI of LKR 645m; Revenue - 2QFY22 Other Agri 0% • Healthc
Slide 4: Group Financial Highlights
Group Financial Highlights Growth Adj. Growth 2Q 2Q Growth LKR m 1HFY22 1HFY21 % 1HFY21* % vs Adj FY22 FY21 % Revenue 15,803 10,951 44.3% 12,792 23.5% 8,456 6,164 37.2% EBIT 2,980 1,967 51.5% 2,219 34.3% 1,660 1,107 50.0% EBIT margin 18.9% 18.0% 17.3% 19.6% 18.0% PAT 2,457 1,285 91.1% 1,449 69.6% 1,
Slide 5: 2Q Revenue Growth Trend
2Q Revenue Growth Trend • 5 Year CAGR of 12% 5 Yr CAGR: 12% 9,000 8,456 40% 8,000 37% 35% 7,000 30% 6,164 6,000 5,294 5,327 5,164 25% LKR Million 4,864 5,000 20% 4,000 16% 15% 3,000 12% 2,000 10% 6% 5% 1,000 3% - 1% 0% 2QFY17 2QFY18 2QFY19 2QFY20 2QFY21 2QFY22 Revenue Revenue Growth
Slide 6: 2Q Profitability
2Q Profitability 1,600 18% 1,416 1,400 17% 16% 1,200 14% 12% 12% 12% 1,000 11% LKR Million 11% 10% 800 733 8% 660 8% 588 600 517 443 6% 400 4% 200 2% - 0% 2QFY17 2QFY18 2QFY19 2QFY20 2QFY21 2QFY22 PAT PAT Margin • Net profit growth of 93.3% YoY driven by the profit contribution of Agri sector stemmi
Slide 7: Segment Performance
Segment Performance
Slide 8: Healthcare
Healthcare Growth Adj Growth LKR m 1HFY22 1HFY21 % 1HFY21 2QFY22 2QFY21 % Revenue 8,546 5,795 47.5% 6,775 4,546 3,202 42.0% EBIT 760 646 17.7% 746 359 365 -1.6% EBIT margin 8.9% 11.1% 11.0% 7.9% 11.4% PAT 507 423 19.8% 467 237 252 -6.0% PAT margin 5.9% 7.3% 6.9% 5.2% 7.9% *1HFY21 adjusted to reflect
Slide 9: Retail
Retail 13 Outlets in Colombo, and 1 online store Highlights • 2QFY22 revenue had increased 44.5% YoY • Improved digital platform and delivery services • Increased demand for pharma and wellness products • Loyalty engagement improvement • Improve pharma availability • Adjusting to the new normal with
Slide 10: Consumer
Consumer Growth Adj. 2Q Growth LKR m 1HFY22 1HFY21 % 1HFY21 FY22 2Q FY21 % Revenue 3,750 2,772 35.3% 3,634 1,890 1,662 13.7% EBIT 210 212 -0.7% 364 110 126 -12.3% EBIT margin 5.6% 7.6% 10.0% 5.8% 7.6% PAT 109 128 -14.6% 248 48 58 -16.8% PAT margin 2.9% 4.6% 6.8% 2.6% 3.5% *1HFY21 is adjusted to refl
Slide 11: Agri
Agri Growth Growth LKR m 1HFY22 1HFY21 % 2Q FY22 2Q FY21 % Revenue 3,406 2,125 60.3% 2,002 1,152 73.8% EBIT 2,020 1,102 83.3% 1,236 606 104.1% EBIT margin 59.3% 51.9% 61.8% 52.6% PAT 1,889 918 105.9% 1,165 511 127.9% PAT margin 55.4% 43.2% 58.2% 44.4% Highlights • Revenue increased by 73.8% YoY main
Slide 12: Additional data for analysts
Additional data for analysts 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q LKR m FY19 FY19 FY20 FY20 FY20 FY20 FY21 FY21 FY21 FY21 FY22 FY22 Revenue 5,768 6,006 5,210 5,327 5,280 5,010 4,786 6,164 6,449 6.940 7,348 8.456 PAT 501 -139 573 660 467 133 553 733 602 650 1,040 1,416 PATMI 274 -144 333 398 286 96 32
Slide 13: Outlook
Outlook
Slide 14: Outlook for 3Q FY22
Outlook for 3Q FY22 Healthcare Consumer Agri • LKR depreciation to • Drive distribution • Higher palm oil NSA impact margins – synergies in retail • Marginal growth in expected to be offset channels volume expected by recent price • Focus on brands to • Exploring alternative increase scale domestic
Slide 15: Forward Looking Statements
Forward Looking Statements This presentation contains forward-looking statements that are based on management’s current expectations and assumptions. Forward-looking statements include predictions of future results or activities and may contain the words “expects,” “believes,” “should,” “will,” “ant
Slide 16: Thank you
Thank you For more information, Please visit our Investor Relations page https://www.sunshineholdings.lk/investor/financial-reports