Shankara Buildpro Limited · NSE:BUILDPRO
Shankara Buildpro — Q4 FY2021 Earnings Presentation
15 slides from Shankara Buildpro's earnings presentation, 2021
Slide 1: Q4 & FY21 Results
25 years Q4 & FY21 Results
Slide 2: Safe Harbor
Safe Harbor 2 This presentation and the accompanying slides (the “Presentation”), which has been prepared by Shankara Building Products Limited (the “Company”), has been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe fo
Slide 3: Leading Building Material Retailer
Leading Building Material Retailer 3 Mysore, Karnataka Thiruvalla, Kerala 0.45 Retail Space mn sqft Products 75+ Nellore, Andhra Pradesh Chennai, Tamil Nadu SKUs 30,000+ States/UT 9/1
Slide 4: Q4 & FY21 Financial Highlights
Q4 & FY21 Financial Highlights 4 Q4FY21 FY21 Q4FY21 FY21 Revenue Rs. 642.3 Crs Rs. 2,038.4 Crs EBITDA Rs. 28.0 Crs Rs. 77.2 Crs 4.4% 3.8% Q4FY21 FY21 Q4FY21 FY21 PBT Rs. 15.7 Crs Rs. 20.1 Crs PAT Rs. 11.1 Crs Rs. 13.8 Crs 2.5% 1.0% 1.8% 0.7% Margins Note – Q4FY21 and FY21 figures are not comparable
Slide 5: Q4 & FY21 Operational Highlights
Q4 & FY21 Operational Highlights 5 Sequential Highlights ▪ The Company’s consistent emphasis throughout 4 quarters on keeping operating expenses under strict control resulted in a positive operating leverage from loss of Rs.9.3 Crore in Q1 FY21 ▪ Interest costs have seen a significant reduction sinc
Slide 6: Pickup across all segments
Pickup across all segments 6 In Rs. Crs Total Revenue Retail Channel Enterprise 642 562 112 115 159 368 107 488 324 127 283 88 98 209 346 49 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY21 Q2FY21 Q3FY21 Q4FY21 ▪ Retail Business Update: The throughput from each store has increased subs
Slide 7: Strong Focus on Balance Sheet
Strong Focus on Balance Sheet 7 Debtors (Rs. Crs) Inventory (Rs. Crs) 31% 21% 428 400 316 295 FY20 FY21 FY20 FY21 ▪ During the financial year, with our continuous focus on balance sheet, we have been able to reduce Debtors by ~Rs. 133 Crs and Inventory by ~Rs. 84 crs as compared to March 2020 ▪ Net
Slide 8: Efficient Working Capital Management
Efficient Working Capital Management 8 Net working capital days 122 FY21 Operating cash flow 76 63 stood strong at 57 Rs. 133 Crs Q1FY21 Q2FY21 Q3FY21 Q4FY21 ▪ During FY21, the company focused on effectively rationalizing inventory levels & improve cash flows ▪ This has led to sequential increase in
Slide 9: Revenue Break-Up
Revenue Break-Up 9 Revenue as a % of last year sales* Revenue across Verticals (Rs. Crs) Revenue share across Verticals 96% FY20 FY21 Retail Channel Enterprise 78% 82% 80% 2,640 2,038 21% 30% 1,442 1,184 55% 804 21% 58% 394 422 433 15% Jun-20 Sep-20 Dec-20 Mar-21 Retail Channel Enterprise Total FY20
Slide 10: Revenue Break-up FY21
Revenue Break-up FY21 10 FY20 FY21 Revenue mix across States Revenue mix across States 11.0% 12% 15.0% 16% 47.0% 45% 12.0% 12% 9.0% 6.0% 8% 7%
Slide 11: Operational Efficiencies
Operational Efficiencies 11 Q4FY21 Q3FY21 Q2FY21 Q1FY21 No. of Retail Stores 95 -6.3% 101 115 115 Average Ticket Size Rs. 33,982 Rs. 34,942 Rs. 30,640 Rs. 28,371 Revenue from Rs. 324 Crs Rs. 368 Crs 13.5% Rs. 283 Crs Rs. 209 Crs Retail Stores Revenue from retail stores substantially improved with gr
Slide 12: Key Highlights – Retail Business
Key Highlights – Retail Business 12 Particulars Units Q4FY21 Q3FY21 Q2FY21 Q1FY21 No of retail stores Nos. 95 101 115 115 Total Area Sq. Ft 447,904 471,264 520,576 520,576 Average Store size Sq. Ft 4,715 4,666 4,527 4,527 Average Ticket size Rs. 33,982 34,942 30,640 28,371 Revenue from retail stores
Slide 13: Consolidated Income Statement
Consolidated Income Statement 13 Particulars (Rs. in Crs) Q4FY21 Q3FY21 Q2FY21 Q1FY21 FY21 FY20 Total Income 642.3 562.1 487.9 346.1 2,038.4 2,639.7 Other Income 1.5 2.2 1.6 1 6.2 5 Raw Material 591.9 504.3 448.5 340 1,884.6 2,398.2 Employee Expenses 10.4 8.7 8.3 7.3 34.7 53.6 Other Expenses 13.4 13
Slide 14: Consolidated Balance Sheet
Consolidated Balance Sheet 14 Particulars (Rs. in Crs) Mar-21 Mar-20 Particulars (Rs. Mn) Mar-21 Mar-20 Total Equity 521.7 507.5 Non-current assets 274.0 299.4 Equity Share Capital 22.8 22.8 Property, Plant and Equipment 219.5 223.0 Other Equity 498.9 484.6 Investment Property 8.6 8.7 Capital Work i
Slide 15: For further information, please contact:
15 For further information, please contact: Company : Investor Relations Advisors : CIN - L26922KA1995PLC018990 CIN - U74140MH2010PTC204285 Mr. Alex Varghese – CFO Mr. Shogun Jain / Ms. Ami Parekh alex@shankarabuildpro.com shogun.jain@sgapl.net / ami.parekh@sgapl.net +91 77383 77756 / +91 8082466052