Stylam Industries Limited · NSE:STYLAMIND
Stylam Industries — Q4 FY2021 Earnings Presentation
27 slides from Stylam Industries's earnings presentation, May 2021
Slide 1: Cover letter to Bombay Stock Exchange
filffr Ref. No.: SIL/BSE/2O2L-22/27O52O21 Dated: 27 .05.202t The President Corporate Relation Depa rtment, Bombay Stock Exchange Limited, Ph iroze Jeejee bhoy Towers, 25th Floor, Dala I Street, Mumbai-400001 BSE Scrip Code: 526951 Trading Symbol: STYLAMIND Subr lnvestor Presentation Q4 FY2021 Dear S
Slide 2: Investor Presentation Q4 FY21 - May 2021
STYLAM INDUSTRIES LIMITED I N V E S T O R P R E S E N T A T I O N Q 4 F Y 2 1 - M A Y 2 0 2 1
Slide 3: Table of Contents
Table of Contents 03 CORPORATE OVERVIEW 04 PRODUCT PORTFOLIO 07 INFRASTRUCTURE & PRESENCE 10 MARKETING INITIATIVES 11 CERTIFICATIONS & AWARDS 13 FINANCIAL UPDATES 23 VISION 2025 24 SHAREHOLDERS VALUE CREATION Stylam Industries Limited 2
Slide 4: Corporate Overview
Corporate Overview • Stylam Industries is the one of the fastest growing companies in the high-quality decorative laminates and allied products industry. • We operate Asia’s largest single location laminate manufacturing plant with a diverse product portfolio, catering to a wide range of customer pr
Slide 5: Diversified Product Portfolio (1/3)
Diversified Product Portfolio (1/3) Stylam laminates have set FASCIA brings a unique façade CUBOID - modular restroom and Granex Solid Surfaces is an benchmarks in the past because system, manufactured using locker cubicle systems. The range extremely versatile product - of the unique design range a
Slide 6: Diversified Product Portfolio (2/3)
Diversified Product Portfolio (2/3) CHEMICAL SYNCHRO RESISTANT LAMINATES LAMINATES What makes UNICORE unique is Digital Laminates have just the Stylam Synchro Laminates have Plus Guard Stylam Laminate the identical colour of the features everyone has needed. A the real feel of wood and an provides a
Slide 7: Diversified Product Portfolio - Multiple Applications (3/3)
Diversified Product Portfolio - Multiple Applications (3/3) Stylam Industries Limited 6
Slide 8: Manufacturing Infrastructure: One of the largest in Asia (1/2)
Manufacturing Infrastructure: One of the largest in Asia (1/2) Stylam Industries Limited 7
Slide 9: Manufacturing Infrastructure: State of the Art Facilities (2/2)
Manufacturing Infrastructure: State of the Art Facilities (2/2) • Stylam operates one of the largest single location laminate manufacturing plants in Asia, spread across 44 acres having an annual capacity of 14.3 mn sheets. • We are a Global Pioneer for the ‘Hot Coating Process’ of PU+ Lacquer coati
Slide 10: Strong Global & Domestic Presence
Strong Global & Domestic Presence Well penetrated globally as well as a wide domestic presence Global presence in over 65 countries across Europe, Middle & Far East, the Americas (North and South), Asia, Africa and other geographies; Increasing domestic presence across the country. Stylam Industries
Slide 11: Recent Marketing Initiatives
Recent Marketing Initiatives Stylam Industries Limited 10
Slide 12: Recent Certifications
Recent Certifications • Stylam’s status has been upgraded to “Three Star Export House” from the earlier “Two Star Export House” as per the Foreign Trade Policy provisions. • NSF International, USA recognized and certified Stylam authorizing the Company to bear the NSF mark. • Our Company is certifie
Slide 13: Awards & Recognitions
Awards & Recognitions “Over the last three decades we have strived to achieve our dream which has been a constant endeavor. We aim to improve each day and these recognitions motivate us to aim higher and perform better.” The ISO 9001:2015 certification is a hallmark of integrity, quality and reliabi
Slide 14: Summary Financial Performance (Consolidated)
Summary Financial Performance (Consolidated) (₹ crore) Q1FY21 Q2FY21 Q3FY21 Q4FY21 FY21 Net Revenue 70 115 124 167 476 EBITDA 15 24 25 31 95 PAT 6 14 12 23 55 (₹ crore) Q1FY20 Q2FY20 Q3FY20 Q4FY20 FY20 Net Revenue 113 117 127 105 462 EBITDA 19 20 22 19 80 PAT 8 11 9 (9)* 19* Note - *PAT for Q4FY20 a
Slide 15: Profit and Loss (Consolidated)
Profit and Loss (Consolidated) (₹ crore) Q4FY21 Q3FY21 Q4FY20 FY21 FY20 Net Revenue 167 124 105 476 462 Material Consumption 89 63 54 247 249 Contribution 78 61 51 229 213 Contribution Margin (%) 46.7 49.5 48.9 48.2 46.1 Employee Expenses 13 11 10 38 38 Other Expenses 34 25 23 96 96 EBITDA 31 25 19
Slide 16: Balance Sheet (Consolidated)
Balance Sheet (Consolidated) ASSETS (₹ crore) FY21 FY20 LIABILITIES (₹ crore) FY21 FY20 Fixed assets 188 195 Equity share capital 8 8 Capital work in progress - 11 Other equity 251 196 Investment in property - - Net Worth 260 204 Other non-current assets 6 4 Long term borrowings* 38 60 Total non-cur
Slide 17: Quarterly Sales Performance
Quarterly Sales Performance 167 127 124 117 115 113 105 103 81 70 84 71 77 85 79 56 64 42 46 40 40 26 30 14 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Domestic Exports Figures in ₹ crore unless mentioned otherwise Stylam Industries Limited 16
Slide 18: Historical Sales Performance
Historical Sales Performance 476 462 460 338 294 302 308 328 230 204 158 154 148 108 90 FY17 FY18 FY19 FY20 FY21 Exports Domestic Figures in ₹ crore unless mentioned otherwise Stylam Industries Limited 17
Slide 19: Improving Margin Profile
Improving Margin Profile 95 20.0% 80 80 17.3% 17.2% 15.5% 49 46 14.5% FY17 FY18 FY19 FY20 FY21 EBITDA EBITDA Margin Figures in ₹ crore unless mentioned otherwise Stylam Industries Limited 18
Slide 20: Balance Sheet Transformation
Balance Sheet Transformation 260 204 186 183 187 146 126 112 77 44 FY17 FY18 FY19 FY20 FY21 Net Worth Net Debt Figures in ₹ crore unless mentioned otherwise Stylam Industries Limited 19
Slide 21: Improving Return Profile
Improving Return Profile 40.6% 25.6% 23.8% 17.4% 18.1% 12.4% 12.7% 10.9% Q4FY20* Q4FY21* FY20 FY21 RoE RoCE (post-tax) Note –RoE and RoCE for Q4FY20 and FY20 have been computed without considering exceptional items for better comparison, Q4FY20 RoCE assumes a normalized tax rate; *Q4 RoE and RoCEs a
Slide 22: Review of Financial Performance (FY21)
Review of Financial Performance (FY21) •FY21 was one of the most challenging years in history for the human race, countries globally as well as businesses all across. •Our business too witnessed pressure and suffered in the first half of the year (primarily on account of the nationwide lockdown in t
Slide 23: Review of Financial Performance (Q4FY21)
Review of Financial Performance (Q4FY21) •Net Revenue for the quarter grew 34.2% to INR 167 cr from INR 124 cr in Q3FY21 and 58.5% over net revenues of Q4FY20 of INR 105 cr. In fact, Stylam achieved its highest ever monthly sales in March 2021. •Export sales stood at INR 103 cr for the quarter (30.0
Slide 24: Vision 2021-2025
Vision 2021-2025 • Increase capacity utilisation on the back of completed expansion (capacities in place to double revenues). • Improve and enhance share of value-add products in the product mix as well as expanding the product range. • Strengthen domestic presence with a deeper reach and penetratio
Slide 25: Value Creation for Shareholders
Value Creation for Shareholders Share sub-division • During Q4FY21, the Company 1,183 completed its sub-division of shares (i.e. share split). • One share with Face Value INR 10 was split into two shares of INR 5 each. • The total outstanding shares of the company increased from 84,74,030 to 1,69,48
Slide 26: Safe Harbor Statement
Safe Harbor Statement This presentation and the accompanying slides (the “Presentation”), which have been prepared by Stylam Industries Limited (the “Company”), have been prepared solely for information purposes and DOES not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 27: Thank You
THANK YOU For further information, please contact MR. SANJEEV VAID, CFO Phone: +91 75080 09976 Email: sanjeev.vaid@stylam.com REGISTERED OFFICE: SCO 14, Sector-7C, Chandigarh Plant 1: Plot No. 191, Industrial Area-1, Panchkula, Haryana Plant 2: Village Manak Tabra, Ramgarh-Raipur Rani Road, Distt. P