Slide 1: Q4' FY 22 Earnings Presentation
Q4’ FY 22 Earnings Presentation
Slide 2: Our Brands
OUR BRANDS a FEVICOL "CS FIN | Rangeela: ICA] Pidilite| Araldite (E DROP ® steelorip es. > grupopuma LITOKOL MAR = Jowats eps
Slide 3: Disclaimer
DISCLAIMER This presentation may contain statements which reflect the management’s current views and estimates and could be construed as forward looking statements. The future involves certain risks and uncertainties that could cause actual results to differ materially from the current views being e
Slide 4: Market Outlook
MARKET OUTLOOK The quarter witnessed unprecedented inflation in key raw materials impacting consumer demand. The inflationary trend is expected to continue in near term which will be mitigated by calibrated pricing actions and effective cost management actions. Despite near term concerns aroun
Slide 5: Financial Highlights
FINANCIAL HIGHLIGHTS f |
Slide 6: Earnings Summary FY'22
EARNINGS SUMMARY FY’22 NET SALES EBITDA* PBT* PAT CONSOLIDATED Rs. 9,880 Cr Rs. 1,869 Cr Rs. 1,614 Cr Rs. 1,207 Cr YOY GROWTH 36.3% 11.1% 5.7% 7.2% STAND ALONE Rs. 8,298 Cr Rs. 1,612 Cr Rs. 1,627 Cr Rs. 1,269 Cr YOY GROWTH 34.1% 4.0% 11.7% # 17.3% # * EBITDA is before non operating income. PBT is Pr
Slide 7: Earnings Summary Q4' FY22
EARNINGS SUMMARY Q4’ FY22 NET SALES EBITDA* PBT* PAT CONSOLIDATED Rs. 2,498 Cr Rs. 412 Cr Rs. 346 Cr Rs. 254 Cr YOY GROWTH 12.0% -10.5% -16.6% -17.2% STAND ALONE Rs. 2,075 Cr Rs. 346 Cr Rs. 397 Cr Rs. 318 Cr YOY GROWTH 12.1% -15.2% 5.6%# 15.1%# •EBITDA is before non operating income. PBT is Profit b
Slide 8: Performance Overview
PERFORMANCE OVERVIEW Current year registered a robust sales growth aided by strong volume growth across categories and geographies. Growth was broad based across C&B and B2B segments with both the segments reporting volume growths of over twenty percent each. Quarter witnessed price led growth w
Slide 9: Overseas Subsidiaries Performance FY'22
OVERSEAS SUBSIDIARIES PERFORMANCE FY’22 (in INR Crores) Asia Sales 220.0 293.5 Americas Sales EBITDA 246.9 224.0 35.9 45.7 EBITDA Middle East and Africa 42.6 # 9.7 Sales EBITDA 156.4 207.9 -5.9 -3.3 # Including tax gain of Rs 9.5 Cr in FY’21. • Amounts are like for like actual reported numbers exclu
Slide 10: Overseas Subsidiaries Performance Q4' FY22
OVERSEAS SUBSIDIARIES PERFORMANCE Q4’ FY22 (in INR Crores) Asia Sales 68.1 82.5 Americas Sales EBITDA 57.1 53.6 12.5 9.1 EBITDA Middle East and Africa 1.7 Sales EBITDA 48.8 55.4 -2.4 -1.4 -1.5 • Amounts are like for like actual reported numbers excluding translations and other consolidation impacts
Slide 11: Domestic Subsidiaries Performance FY22
DOMESTIC SUBSIDIARIES PERFORMANCE FY22 INR (Rs in Crore) 600 495.7 500 400 258.6 272.1 300 176.6 178.2 NET SALES 126.8 168.3 200 89.7 41.9 100 30.9 0 Nina Percept Pvt Ltd ICA Pidilite Pvt Ltd Cipy Polyurethane Pvt Pidilite Adhesives Pvt Others FY'21 Ltd* FY'22 Ltd* 200 160.9 160 120 60.3 80 41.0 EBI
Slide 12: Domestic Subsidiaries Performance Q4' FY22
DOMESTIC SUBSIDIARIES PERFORMANCE Q4’FY22 INR (Rs in Crore) 160 139.1 84.0 109.6 120 72.1 78.4 80 61.5 33.1 33.0 NET SALES 40 12.1 13.3 0 Nina Percept Pvt Ltd ICA Pidilite Pvt Ltd Cipy Polyurethane Pvt Pidilite Adhesives Pvt Others Ltd* Ltd* Q4 FY 21 Q4 FY 22 50 43.2 34.3 30 6.3 12.6 4.8 10 2.8 0.5
Slide 13: A Company at Glance
A COMPANY AT GLANCE Brand established Adhesives & sealants, History of creating Among the most trusted brands in 1959 construction strong brands in the country. Other big brands Pioneer in chemicals, art & craft include M-Seal, Fevikwik, Fevistik, Consumer & products & polymer Roff, Dr. Fixit, Fevic
Slide 14: Industry Segment Composition
INDUSTRY SEGMENT COMPOSITION 6.0% 7.2% Pigment & Industrial Resins, Preparations Construction chemicals (Project) etc. 0.7% Others 6.5% Industrial Adhesives 5.9% Art & Craft Materials etc. 53.4% 79.6% Adhesives & Consumer & Bazaar products 20.3% Sealants Construction & Paint Chemicals 19.7% Business
Slide 15: 5-Year Performance by Business Segments
5-Year Performance by Business Segments Numbers represent Percentage of Total Sales Consumer and Bazaar (C&B) Business to Business (B2B) B2B includes Others also 81% 21% 81% 80% 80% 21% 80% 20% 20% 20% 79% 19% 79% 19% 77% 17% 75% 15% 2017-18 2018-19 2019-20 2020-21 2021-22 2017-18 2018-19 2019-20 20
Slide 16: Domestic Presence
DOMESTIC PRESENCE INDIA OPERATIONS 6,000+ SKUs of 600+ products Domestic Revenue of Rs. 7,461 Cr for FY22 26 plants, 29 Co-makers 4,800+ distributors 43 warehouses 9 regional offices & 3 RDCs
Slide 17: Share Holding Pattern - March 2022
SHARE HOLDING PATTERN- 31 March 2022 Promoters 14.49% Mutual Funds FPIs Others 11.57% 4.00% 69.94%
Slide 18: Marketing & Advertising
MARKETING & ADVERTISING Consistent and effective brand building activities across various categories a. Consumer Adhesives & Sealants b. Craftsmen Adhesives c. Waterproofing Chemicals d. Hobby & Craft Colours Several of the brands are well-known in respective categories (Fevicol, Fevikwik , M-Seal,
Slide 19: Connecting Digitally
CONNECTING DIGITALLY a. Fevicol _ Fevikwik ooo 25, Fevicol ooo In an alternate universe, this would be Fevicol Marine Lines ;) ; One thing in common? They all stick around! #FevicolKaod #Mazbootod Introducing a new age vow for you and your loved one ;) #FevicolKaJod #MazbootJod #Fevikwik #Valentines
Slide 20: Celebrating Occassions - Digital Way
CELEBRATING OCCASSIONS- DIGITAL WAY
Slide 21: Share Price Movement
SHARE PRICE MOVEMENT 160 150 140 130 120 110 100 90 80 Pidilite Sensex Rebased to 100
Slide 22: Consistent Dividend Payouts
CONSISTENT DIVIDEND PAYOUTS 50% 40.6% 39.9% 40% 38.1% 36.9% 33.8% 30% 20% 10% 0% FY17 FY18 FY19 FY20 FY21 FY 22: The Board of Directors have proposed a final dividend of Rs. 10 Per share, subject to approval of shareholders at the AGM. Note: The Net Profit considered for above calculation is excludi
Slide 23: Investor Relations
CIN : L24100MH19 69P LC014336 Investor Relations Investor.relations@pidilite.co.in Manisha Shetty [Company Secretary] Ramkrishna Mandir Road, Off Mathuradas Vasanji Road, Andheri (E), Mumbai - 400 059. Phone : +91 22 28357949 Fax : +91 22 28216007