Somany Ceramics Limited · NSE:SOMANYCERA
Somany Ceramics — Q4 FY2014 Earnings Presentation
17 slides from Somany Ceramics's earnings presentation, May 2014
Slide 1: Investor Update for Q4'FY14 / FY14
SOMANY CERAMICS LIMITED INVESTOR UPDATE FOR Q4’FY14/ FY14
Slide 2: Contents
Contents • Message • Performance Highlights • Status of Joint Ventures • Shareholding • Accreditations • Corporate Brief • Disclaimer
Slide 3: Message
Message While India’s gripping urbanization growth story has been very fascinating to investors; weakening rupee, alarmingly high inflation, rising oil and fuel costs and plummeting growth numbers continued to haunt the Indian Industry. However with a strongly mandated Government now in office, the
Slide 4: Performance Highlights - Sales Growth
Performance Highlights - Sales Growth 1322.75 428.77 1400 450 1108.51 400 351.37 121.85 1200 381.12 350 1000 397.40 300 136.89 111.00 800 299.35 250 143.62 200 51.94 600 150 400 642.28 100 162.54 195.92 567.49 200 50 0 0 Q4' FY13 Q4' FY14 FY 13 FY 14 Own Mfg. JVs Others Own Mfg. JVs Others Standalon
Slide 5: Performance Highlights - Sales Volume Growth (Tiles)
Performance Highlights - Sales Volume Growth (Tiles) 11.86 37.88 40 12 10.60 33.42 3.57 35 11.94 10 4.56 30 13.25 8 2.39 25 6.59 1.00 20 3.04 6 15 4 5.90 17.13 19.35 5.04 10 2 5 0 0 Q4' FY13 Q4' FY14 FY 13 FY 14 Own Mfg. JVs Others Own Mfg. JVs Others Standalone figures in mn sqm
Slide 6: Performance Highlights - Product Mix Growth (Tiles)
Performance Highlights - Product Mix Growth (Tiles) 408.63 1400 1266.90 450 1073.31 198.41 400 340.33 66.44 1200 350 101.90 65.57 1000 363.32 300 129.88 257.76 800 250 99.95 200 600 150 705.17 212.31 400 648.08 100 174.81 50 200 0 0 Q4' FY13 Q4' FY14 FY 13 FY 14 Ceramic Polished Vitrified Glazed Vit
Slide 7: Performance Highlights - PBT / PAT
Performance Highlights - PBT / PAT 18.60 46.67 20 44.02 50 15.08 15 40 31.59 11.18 28.03 10.14 30 10 20 5 10 0 0 Q4' FY13 Q4' FY14 FY 13 FY 14 Profit before tax (PBT) Profit after tax (PAT) Profit before tax (PBT) Profit after tax (PAT) Standalone figures in Rs./ Crores
Slide 8: Performance Highlights - Debt Management
Performance Highlights - Debt Management FY 14 47 FY 14 0.77 FY 13 37 FY 13 1.17 0 20 40 60 0 0.5 1 1.5 Working Capital Cycle (Days)* Debt To Equity (Times) Based on Standalone figures *Excludes Current Investment of Rs. 37.10 crores
Slide 9: Performance Highlights - Financials
Performance Highlights - Financials Particulars Q4’ FY13 Q4’FY14 Growth % FY 13 FY 14 Growth % Gross Sales 351.37 428.77 22.0% 1108.51 1322.75 19.3% Net Sales 333.71 407.63 22.2% 1046.24 1252.96 19.8% EBIDTA 25.27 28.68 13.5% 87.05 84.38 -3.1% Depreciation 5.27 5.61 6.5% 20.40 22.06 8.1% Finance cos
Slide 10: Status of Joint Ventures
Status of Joint Ventures Vintage Tiles Private Ltd. • Acquired 26% equity stake adding capacity of ~2.55 mn sqm per annum of polished vitrified tiles • Commenced production in January, 2012 Commander Vitrified Private Ltd. • Acquired 26% equity stake adding capacity of ~2.04 mn sqm per annum of
Slide 11: Status of Joint Ventures... contd.
Status of Joint Ventures… contd. Amora Tiles Private Ltd. • Acquired 51% stake in equity stake adding capacity of ~2.14 mn sqm per annum of ceramic wall tiles • Commenced production in March, 2014 • Proposed capacity expansion of ~2.44 mn sqm per annum of ceramic wall tiles, commissioning expected
Slide 12: Future Plans
Future Plans Expansion of ceramic floor tiles capacity of own plant at Kadi (Gujarat) by 2.40 mn sqm per annum by Decemebr, 2014 To invest in one more new joint ventures of up to 5 mn sqm per annum capacity each to manufacture polished vitrified tiles To acquire up to 26% equity stake in Sonec
Slide 13: Shareholding Pattern
Shareholding Pattern As on 31st March, 2014 Public/ Others, 22.23% FIs/ FIIs, 5.37% Mutual Funds, Promoters, 1.75% 56.22% OCBs, 14.43% Equity Shares Outstanding – 38844826 of Rs. 2/- each Market Cap. (as on 23rd May, 2014) – Rs. 872 crores
Slide 14: Accreditations
Accreditations ISO 9001 certification – for quality of manufacturing facility ISO 14001 certification – for environment-friendly manufacturing facility BIS certification – for its product, the first Indian tile company to be so accredited 5’s certification – for maintaining an organized and
Slide 15: Corporate Brief
Corporate Brief Somany is amongst the frontrunners in the ceramic tile industry in India. By the end of FY15 it will have access to manufacturing capacity of ~55 million square meters of tiles per annum spread across two own manufacturing plants in Haryana and Gujarat (19.15 mn sqm), five joint vent
Slide 16: Disclaimer
Disclaimer The information contained herein has been prepared to assist prospective investors in making their own evaluation of the Company and does not purport to be all-inclusive or to contain all of the information a prospective or existing investor may desire. This Information includes certain s
Slide 17: Thank You!
SOMANY THANK YOU! _—