Shaily Engineering Plastics Limited · NSE:SHAILY
Shaily Engineering Plastics — Q4 FY24 Earnings Presentation
21 slides from Shaily Engineering Plastics's earnings presentation, May 24, 2024
Slide 1: Exchange cover letter: Q4 & FY24 Investor Presentation
SEPL/SE/May/23-24 24th May 2024 The General Manager, The Manager, Corporate Relations/Listing Listing Department Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, G Block, Floor 25, P.J. Towers, Bandra – Kurla Complex, Dalal Street, Bandra (E), Mumbai – 40
Slide 2: Shaily Engineering Plastics Ltd Investors Presentation May 2024
Shaily Engineering Plastics Ltd Investors Presentation May 2024
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Shaily Engineering Plastics Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe f
Slide 4: Key Performance Highlights
Key Performance Highlights
Slide 5: Business Updates for Q4 FY24
Business Updates for Q4 FY24 Home Furnishing Appliances Healthcare New Business Confirmation New business confirmed Business confirmed with 3 1 New Product – Carbon Steel for supply of knobs for export customers for supply of pen injectors 1 New Product – Plastics Appointment of CFO Mr. Sanjay Shah
Slide 6: Business Updates for FY24 (During the year)
Business Updates for FY24 (During the year) Home Furnishing GE Appliances Pharma Personal Care (Plastics) New Applicator Project New Knobs Business New Business (Supplies start Q2FY25) (Supplies start Q2FY25) Business awarded for supply of caps by FMCG Total Business Value Total Business Value Total
Slide 7: Key Financial Highlights – Q4 & FY24 (Consolidated)
Key Financial Highlights – Q4 & FY24 (Consolidated*) Revenues Gross Profit Margin EBITDA +630 bps +620 bps +27% +6% +37% +28% 170.6 607.1 643.9 46.8% 42.5% 36.3 123.4 134.5 40.5% 36.3% 96.4 26.5 Q4FY23 Q4FY24 FY23 FY24 Q4FY23 Q4FY24 FY23 FY24 Q4FY23 Q4FY24 FY23 FY24 EBITDA Margins Profit After Tax C
Slide 8: Key Financial Highlights – Q4 & FY24 (Standalone)
Key Financial Highlights – Q4 & FY24 (Standalone) Revenues Gross Profit Margin EBITDA +420 bps +430 bps +22% +3% +14% +11% 162.8 599.7 616.0 44.2% 39.9% 29.8 101.3 133.5 40.0% 35.6% 26.1 91.1 Q4FY23 Q4FY24 FY23 FY24 Q4FY23 Q4FY24 FY23 FY24 Q4FY23 Q4FY24 FY23 FY24 EBITDA Margins Profit After Tax Cash
Slide 9: Operational Trends
Operational Trends +500 bps -210 bps Revenue Analysis – Domestic vs. Exports Machine Utilization 39.8% 42.2% Across Plants (%) 40.1% 34.8% Q4 FY23 vs Q4 FY24 27.9% 26.9% Q4FY23 Q4FY24 FY23 FY24 72.1% 73.1% +17% +7% Volume of Polymers 5,380 22,098 Processed (MT) 20,615 FY23 vs FY24 4,590 23.0% 26.1%
Slide 10: Profit & Loss Statement
Profit & Loss Statement Consolidated Standalone Particulars (Rs. Cr.) Q4 FY24 Q4 FY23 YoY % FY24 FY23 YoY % Q4 FY24 Q4 FY23 YoY % FY24 FY23 YoY % Revenue 170.6 134.5 27% 643.9 607.1 6% 162.8 133.5 22% 616.0 599.7 3% Raw Material 90.8 80.1 370.1 386.5 90.8 80.1 370.1 386.5 Employee Expenses 15.8 12.0
Slide 11: Balance Sheet
Balance Sheet Particulars Mar-24 Mar-23 Particulars Mar-24 Mar-23 Non-Current assets Equity Property, Plant and Equipments 435.4 347.9 Equity Share Capital 9.2 9.2 Capital Work in Process 15.3 49.0 Other Equity 450.0 392.2 Intangible assets 38.0 19.0 Total Equity 459.2 401.4 Investments 0.0 0.0 Non-
Slide 12: Balance Sheet
Balance Sheet Particulars Mar-24 Mar-23 Particulars Mar-24 Mar-23 Non-Current assets Equity Property, Plant and Equipments 434.9 348.6 Equity Share Capital 9.2 9.2 Capital Work in Process 15.3 49.0 Other Equity 422.3 386.5 Intangible assets 17.8 13.8 Total Equity 431.5 395.6 Investments 20.6 15.4 No
Slide 13: Cash Flow Statement
Cash Flow Statement Particulars (Rs. Cr.) FY24 FY23 Profit Before Tax 69.8 45.2 Adjustments 58.2 51.4 Operating profit before working capital changes 128.0 96.6 Changes in working capital -27.0 -0.6 Cash generated from operations 101.0 96.0 Direct taxes paid (net of refund) -8.8 -6.0 Net Cash from O
Slide 14: Cash Flow Statement
Cash Flow Statement Particulars (Rs. Cr.) FY24 FY23 Profit Before Tax 48.7 40.1 Adjustments 56.2 50.4 Operating profit before working capital changes 104.8 90.5 Changes in working capital -21.6 0.2 Cash generated from operations 83.3 90.7 Direct taxes paid (net of refund) -8.8 -6.0 Net Cash from Ope
Slide 15: Efficient Use of Capital
Efficient Use of Capital Revenue Breakup (Rs. Crs.) RoCE RoE FY23 FY24 9.5% 16.7% 17.7% 13.3% 7.6% 8.5% 13.5% 9.1% 607 644 82.9% 74.7% Consumer Healthcare Industrial FY23 FY24 FY23 FY24 Fixed Asset Turnover OCF to EBITDA Total Debt / Equity 1.7 93.3% 0.6 0.5 1.5 74.7% FY23 FY24 FY23 FY24 FY23 FY24 O
Slide 16: About the Company
About the Company Enriching Lives Through Plastics Shaily Engineering Plastics Limited is India’s largest exporter of plastics components. Established in 1987, the Company provides end-to-end solutions in plastic products and services, whilst delivering superior quality and value to all stakeholders
Slide 17: Business Segments
Business Segments Consumer Industrial Healthcare ✓ Automotive Components ✓ LED Lights ✓ Platform Devices ✓ Home Furnishings ✓ Appliances ✓ Toys ✓ Drug Delivery Devices ✓ FMCG Packaging ✓ High Performance ✓ Carbon Steel Furniture ✓ Pharma Packaging Engineering Components 16
Slide 18: State-of-the-Art Manufacturing Facilities
State-of-the-Art Manufacturing Facilities 7 Facilities with over 200 molding machines ranging from 35 tons to 1,000 tons Rania ❖ Export Oriented Unit ❖ Pharma (Dedicated ISO Class 8 clean room manufacturing facility) ❖ Others Rania Halol GUJARAT Halol (Existing) ❖ Automotive & Engineering Halol (New
Slide 19: Board of Directors
Board of Directors Executive Chairman Whole Time Director Managing Director Mr. Mahendra Sanghvi Ms. Tilottama Sanghvi Mr. Amit Sanghvi Executive Director Independent Director Independent Director Mr. Laxman Sanghvi Mr. Milin Mehta Dr. Shailesh Ayyangar Independent Director Independent Director Inde
Slide 20: Strong Credit Rating
Strong Credit Rating* Long and established track record in the plastic injection LONG TERM BANK FACILITIES molding business along with experienced Promoters Rs. 283 Crs.; enhanced from Rs. 243.17 Crs. Growth in Total operating income on the back of CARE A; Outlook: Stable increased volumes & higher
Slide 21: Contact
Contact Company : Investor Relations Advisors : Shaily Engineering Plastics Ltd. Strategic Growth Advisors Pvt. Ltd. CIN – L51900GJ1980PLC065554 CIN - U74140MH2010PTC204285 Mr. Sanjay Shah, Chief Strategy Officer Mr. Shogun Jain / Mr. Deven Dhruva sanjay@shaily.com shogun.jain@sgapl.net / deven.dhru
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