Stylam Industries Limited · NSE:STYLAMIND
Stylam Industries — Q2 FY2023 Earnings Presentation
25 slides from Stylam Industries's earnings presentation, Oct 21, 2022
Slide 1: Stock exchange cover letter for investor presentation
Ref . No. : StL/ CHD / 2022-73 / 2fiO?O22 oated: 27.70.2022 The Manager The Manager, Listing Department Listing Department, BSE Limited (BSE) National Stock Exchange of lndia Ltd (NSE) Corporate Relation Department, Exchange Plaza, C-1 Block G, Bandra Kurla Phiroze Jeejeebhoy Towers,25rH Floor Compl
Slide 2: Investor Presentation Q2 FY23 – October 2022
STYLAM INDUSTRIES LIMITED I N V E S T O R P R E S E N T A T I O N Q 2 F Y 2 3 – O c t o b e r 2 0 2 2
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 22 VISION 2025 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: Marketing Initiatives
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) Q1FY23 Q2FY23 Q3FY23 Q4FY23 YTD FY23 Net Revenue 235 246 - - 481 EBITDA 35 40 - - 75 PAT 21 24 - - 45 (₹ crore) Q1FY22 Q2FY22 Q3FY22 Q4FY22 FY22 Net Revenue 131 172 177 180 659 EBITDA 26 24 33 20 104 PAT 14 15 16 17 61 Stylam Industries Limited
Slide 15: Quarterly Sales Performance
Quarterly Sales Performance 246 235 177 180 172 164 169 131 104 114 111 92 82 68 63 69 66 39 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Domestic Exports Figures in ₹ crore unless mentioned otherwise Stylam Industries Limited 14
Slide 16: Profit and Loss (Consolidated)
Profit and Loss (Consolidated) (₹ crore) Q2FY23 Q1FY23 Q2FY22 H1 FY23 FY22 Net Revenue 246 235 172 481 659 Material Consumption 137 134 101 271 376 Contribution 109 101 71 211 284 Contribution Margin (%) 44.4 43.1 41.5 43.8 43.0 Employee Expenses 17 15 14 32 55 Other Expenses 53 51 33 103 125 EBITDA
Slide 17: Balance Sheet (Consolidated)
Balance Sheet (Consolidated) ASSETS (₹ crore) H1FY23 FY22 LIABILITIES (₹ crore) H1FY23 FY22 Fixed assets 177 179 Equity share capital 8 8 Capital work in progress 8 - Other equity 353 308 Investment in property - - Net Worth 361 316 Other non-current assets 5 4 Long term borrowings* 13 21 Total non-
Slide 18: Historical Sales Performance
Historical Sales Performance 659 480 460 462 421 338 302 308 332 230 238 158 154 148 108 FY18 FY19 FY20 FY21 FY22 Exports Domestic Figures in ₹ crore unless mentioned otherwise Stylam Industries Limited 17
Slide 19: Margin Profile
Margin Profile 104 99 20.6% 80 80 17.3% 17.2% 15.5% 49 15.7% 46 14.5% FY17 FY18 FY19 FY20 FY21 FY22 EBITDA EBITDA Margin Figures in ₹ crore unless mentioned otherwise Stylam Industries Limited 18
Slide 20: Balance Sheet Transformation
Balance Sheet Transformation 316 260 204 186 183 187 146 126 77 112 71 44 FY17 FY18 FY19 FY20 FY21 FY22 Net Worth Net Debt Figures in ₹ crore unless mentioned otherwise Stylam Industries Limited 19
Slide 21: Improving Return Profile
Improving Return Profile 21.3% 19.7% 19.3% 17.4% 17.3% 12.7% FY20 FY21 FY22 RoE RoCE (post-tax) Note – RoE and RoCE for FY20 has been computed without considering exceptional item for better comparison; Stylam Industries Limited 20
Slide 22: Review of Financial Performance (Q2FY23)
Review of Financial Performance (Q2FY23) • Stylam continued its strong performance in the second quarter with sales of INR 246 crore, implying 43.3% YoY growth and 4.8% QoQ growth. • Sales growth during the quarter was backed primarily by domestic market, which was INR 82 crore and saw 21% YoY growt
Slide 23: Vision 2022-2025
Vision 2022-2025 • The company has reached about 80% capacity utilization level in the laminates division. We have now started modular expansion at the existing facilities that will increase our capacity by up to 40%. This will entail a total Investment of INR 40 Cr. • Board also reviewed the progre
Slide 24: 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 25: Thank You
THANK YOU 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. Panchkula, Haryana Website: www.stylam.com