Prism Johnson Limited · NSE:PRSMJOHNSN
Prism Johnson — Q2 FY22 Earnings Presentation
24 slides from Prism Johnson's earnings presentation, Oct 28, 2021
Slide 1: Investor Presentation for the Quarter Ended September 2021
I N V E S TO R P R E S E N TAT I O N For The Quarter Ended September 2021 October 28, 2021 AMONGST INDIA’S LEADING integrated BUILDING MATERIALS COMPANIES
Slide 2: Executive Summary: Q2 FY22 Financial Performance Snapshot
Executive Summary: Consolidated (Excluding RQBE) Q2 FY22 Financial Performance Snapshot www.prismjohnson.in Revenue Revenue Mix Prism Prism 8.4% YoY revenue growth RMC Cement in Q2 FY22, due to healthy 21.0% 39.6% Prism Cement constituted growth in HRJ & Prism 39.6% of Q2 FY22 RMC Divisions; Cement
Slide 3: Executive Summary: Q2 FY22 Financial Performance Snapshot
Executive Summary: Consolidated (Excluding RQBE) Q2 FY22 Financial Performance Snapshot www.prismjohnson.in Working Capital Operating FCF Marginal Increase in Operating Free Cash Flow 30 Working Capital Days in 25 (FCF) (pre-capex and 23 line with company investments) was ₹ 648 expectations as Credi
Slide 4: Executive Summary: Segment-Wise Business Update
Executive Summary: Segment-Wise Business Update www.prismjohnson.in Prism Cement Cement & clinker sales volume declined 5.5% YoY from 1.31 mn tons in Q2 FY21 to 1.23 mn tons in Q2 FY22; Share of premium cement increased to 28.7% in Q2 FY22 vs. 27.5% in Q2 FY21 HRJ HRJ Sales grew 12.6% YoY from ₹ 4,8
Slide 5: Executive Summary: Focus on Strengthening Balance Sheet & ESG Initiatives
Executive Summary: Focus on Strengthening Balance Sheet & ESG Initiatives www.prismjohnson.in Working Capital Management Working Capital Days declined from 30 days in Q2 FY21 to 25 days in Q2 FY22; Creditor Days normalized to 52 days in Q2 FY22 (from 63 days in FY21) in line with company expectation
Slide 6: Prism Cement: Prominent Cement Player in Central India
Prism Cement: Prominent Cement Player in Central India www.prismjohnson.in Prominent cement company in Central Superior product mix; Premium Products India with installed capacity of 5.6 mn tons Capacity (Champion Plus and Duratech) constituted Product per annum at Satna, Madhya Pradesh 28.7% of cem
Slide 7: Prism Cement: Lower Volume on Account of Strong Monsoon
Prism Cement: Lower Volume on Account of Strong Monsoon www.prismjohnson.in EBITDA per ton (₹) Cost per ton (₹) 1,156 3,584 1,116 1,012 3,507 918 906 875 3,483 3,482 3,447 3,437 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY21 FY22 FY21 FY22 Cost per ton (₹) Q2 FY21 Q2 FY22 % YoY Cement & clinker sales volume reduced f
Slide 8: Prism Cement: Share of Premium Products Continues to Rise
Prism Cement: Share of Premium Products Continues to Rise www.prismjohnson.in Cement & Clinker Sales Volume (mn tons) Premium Products % 1.90 28.9% 28.7% 28.1% 27.6% 27.5% 1.42 1.32 1.31 26.2% 1.23 1.19 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY21 FY22 FY21 FY22 Regional Sales Breakup Sales Breakup: Trade vs. Non T
Slide 9: HRJ: Amongst the Leading Ceramics Companies in India
HRJ: Amongst the Leading Ceramics Companies in India www.prismjohnson.in Strong Brand with a Long Standing History Wide Distribution Network; Dealer of Tile Manufacturing in India; Network of over 1,000 Dealers; 18 Large Experience format Experience Centres displaying Distribution Operating Since 19
Slide 10: HRJ: Healthy Growth in Sales of Domestic Tiles, Sanitary ware and Bath Fittings
HRJ: Healthy Growth in Sales of Domestic Tiles, Sanitary ware and Bath Fittings www.prismjohnson.in Revenue (₹ mn) EBITDA (₹ mn) 772 765 6,142 5,510 5,423 598 524 4,895 90 3,527 1,865 Q2 Q3 Q4 (471) Q1 Q2 Q3 Q4 Q1 FY21 FY22 FY21 FY22 Tiles Sales Volume (mn m2) HRJ Sales grew 12.6% YoY from ₹ 4,895
Slide 11: HRJ: Wide Product Range with an Innovation Focus
HRJ: Wide Product Range with an Innovation Focus www.prismjohnson.in Innovations That Differentiate HRJ Johnson Endura Cool Roof SRI (Solar Reflective Tiles) INVESTOR PRESENTATION For The Quarter Ended September 2021 11
Slide 12: HRJ: Operates Experience Centres Across India
HRJ: Operates 18 Experience Centres Across India www.prismjohnson.in Chandigarh Experience Centre INVESTOR PRESENTATION For The Quarter Ended September 2021 12
Slide 13: Prism RMC: Amongst the Leading RMC Players with a Pan-India Presence
Prism RMC: Amongst the Leading RMC Players with a Pan-India Presence www.prismjohnson.in Three technical labs that are certified by Second largest player in the RMC sector Pan India National Accreditation Board for Testing Quality with pan India presence: Operates 96 Presence and Calibration Laborat
Slide 14: Prism RMC: Healthy Growth in Sales; Turnaround in profitability
Prism RMC: Healthy Growth in Sales; Turnaround in profitability www.prismjohnson.in Revenue (₹ mn) EBITDA (₹ mn) 198 3,316 92 50 2,941 2,920 7 2,349 2,113 Q2 Q3 Q4 (88) 729 (500) Q1 Q2 Q3 Q4 Q1 FY21 FY22 FY21 FY22 Strong revenue growth of 39.2% on YoY basis from ₹ 2,113 mn in Q2 FY21 to ₹ 2,941 mn i
Slide 15: Raheja QBE General Insurance (RQBE)
Raheja QBE General Insurance (RQBE) www.prismjohnson.in 8 new products launched during Q2 FY22 like RQBE Multimedia Professional Indemnity, Machinery breakdown, Burglary and House breaking etc. Added 158 partners during Q2 FY22 taking the count of total partners to 3,034 including Agents, Brokers, P
Slide 16: Management Driving Several ESG & CSR Initiatives
Management Driving Several ESG & CSR Initiatives www.prismjohnson.in Continuous Efforts for Improved Sustainability Rural Infra Development CSR Awards Employee Health & Safety Solar Street Lights installed at Apex Green Leaf Gold Award for Provided free treatment & Bairiha and Narsinghpur vill
Slide 17: Glimpse of some ESG / CSR Initiatives taken during Q2 FY22
Glimpse of some ESG / CSR Initiatives taken during Q2 FY22 www.prismjohnson.in WBM Road at Tapa Sustainability Report 2020-21 released Second Sustainability Report of Prism Johnson Limited 2020-21 Sustainability Report Titled “Concrete Steps to a Sustainable Future” Prepared in accordance with
Slide 18: Consolidated Financials Summary
Consolidated Financials Summary: www.prismjohnson.in YoY Revenue Growth led by HRJ and Prism RMC Divisions Consolidated Revenue Ex RQBE (₹ mn) 13,992 12,910 11,934 5,902 6,058 5,541 5,510 4,895 3,527 2,941 2,113 2,349 Prism Cement HRJ Prism RMC Consolidated Q2 FY21 Q1 FY22 Q2 FY22 Consolidated EBITD
Slide 19: Consolidated (Ex RQBE) Financials Summary
Consolidated (Ex RQBE) Financials Summary www.prismjohnson.in Particulars (₹ mn) Q2 FY21 Q1 FY22 Q2 FY22 % QoQ % YoY Consolidated (Ex RQBE) ROCE Revenue from 18.7% 12,910 11,934 13,992 17.2% 8.4% 17.2% Operations 14.0% EBITDA 1,885 1,526 1,723 12.9% (8.6%) EBITDA Margin % 14.6% 12.8% 12.3% Depreciat
Slide 20: Strong Balance Sheet
Strong Balance Sheet www.prismjohnson.in Consolidated Net Debt Ex RQBE (₹ mn) Debt Repayment Obligations (₹ mn) 20,877 5,606 19,527 19,081 18,642 18,562 10.0 3,601 00 14,053 12,343 6.4 8.0 5.4 2,005 00 1,795 4.4 6.0 1,263 3.0 3.1 4.0 00 1.8 1.8 532 2.0 00 2.1 1.9 1.9 1.7 1.6 1.0 0.0 0.9 0 -2.0 Origi
Slide 21: Standalone Financials Summary
Standalone Financials Summary www.prismjohnson.in Particulars (₹ mn) Q2 FY21 Q1 FY22 Q2 FY22 % QoQ % YoY Revenue from Operations* 12,059 11,169 13,407 20.0% 11.2% - Prism Cement 5,902 6,058 5,541 (8.5%) (6.1%) - HRJ 4,126 2,810 4,974 77.0% 20.6% - Prism RMC 2,113 2,349 2,941 25.2% 39.2% - Inter segm
Slide 22: Market Information
Market Information www.prismjohnson.in Absolute Share Price Performance Share Price Performance vs. BSE Sensex 160 1,600 118.95 416 120 1,200 80 800 216 40 400 0 0 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Value Traded on NSE + BSE (INR mn) Prism Share Price
Slide 23: About Prism Johnson Limited
About PRISM JOHNSON LIMITED www.prismjohnson.in PRISM JOHNSON LIMITED is one of India’s leading integrated Building Materials’ Company, with a wide range of products from cement, ready-mixed concrete, tiles and bathroom products. Prism Cement Prism Cement manufactures Cement with the brand name 'Cha
Slide 24: Investor Relations Contact and Safe Harbor
PRISM JOHNSON LIMITED is committed to creating long-term sustainable shareholder value through successful implementation of its growth plans. The company’s investor relations mission is to maintain an ongoing awareness of its performance among shareholders and financial community. For additional inf