Orient Bell Limited · NSE:ORIENTBELL
Orient Bell — Q3 FY24 Earnings Presentation
26 slides from Orient Bell's earnings presentation, Jan 23, 2024
Slide 1: Regulation 30 filing cover letter to BSE and NSE
OBL:HO:SEC:00: New Delhi : 23.01.2024 BSE Limited National Stock Exchange of India Ltd. Corporate Relation Department Exchange Plaza, 1st Floor, New Trading Ring Plot No. C/1, G Block, Rotunga BuildingPhiroze Jeejeebhoy Towers Bandra-Kurla Complex, Dalal Street, Bandra (E) Mumbai - 400 001 Mumbai-40
Slide 2: Orient Bell Ltd. Investor Presentation Q3FY24
Orient Bell Ltd. Investor Presentation Q3FY24 1
Slide 3: Disclaimer
Disclaimer This presentation may contain certain forward-looking statements relating to Orient Bell Ltd. and its future business, development and economic performance. These statements include descriptions regarding the intent, belief or current expectations of the Company, its subsidiaries and asso
Slide 4: OrientBell Limited - a leading manufacturer of tiles
OrientBell Limited- a leading manufacturer of tiles ▪ Sikandrabad, UP - 14.8 MSM ▪ Hoskote, KAR - 6.6 MSM ▪ Dora, GUJ - 5.5 MSM# ▪ Morbi, GUJ - 10.0 MSM 5 46 3 State-of-the-art own Facilities Years in 2 AE* Facilities +36.9 Ceramics Industry Million sqmt Annual Capacity (including AE*) Strong Balanc
Slide 5: Financial & Operational Highlights
Financial & Operational Highlights 4
Slide 6: Operational Highlights of Q3FY24
Operational Highlights of Q3FY24 People Safety T3R – 2.28:1 Top Priority Brand L&D >2500 Hrs NIL accidents Investments OBTX Vitrified Mix GVT Salience 7.1% vs 3.3% of sales Active Count 361 50.6% of total sales 30.0% of total sales + 2x of LY. - 43% of total sales (+5.0% y-o-y) (+7.1% y-o-y) New TVC
Slide 7: Highlights – Revenues
Highlights – Revenues Revenue(in crores) Volume(Lac m2) ASP (Rs. per m2) -8.4% +1.4% 175.8 -6.6% +0.9% Q3FY24 158.7 161.0 61.8 57.2 57.8 -2.0% 0.5% 286 122.0 106.6 109.1 284 43.0 38.6 39.3 284 280 280 277 279 53.8 52.0 51.9 18.8 18.6 18.5 278 276 Q3FY23 Q2FY24 Q3FY24 Q3FY23 Q2FY24 Q3FY24 Q3FY23 Q2FY
Slide 8: Consolidated Abridged Income Statement
Consolidated Abridged Income Statement Quarter Ended Nine Months Ended (Rs. Crores) Q3 FY23 Q2 FY24 Q3 FY24 Y-o-Y Q-o-Q PY FY23 CY FY24 Y-o-Y Income from Operation 175.8 158.7 161.0 -8.4% 1.4% 500.4 462.8 -7.5% Other Operating Income 1.4 1.1 1.3 -8.4% 24.8% 4.3 3.3 -23.5% Revenue from Operation 177.
Slide 9: Strong Debt Profile & Working Capital Cycle
Strong Debt Profile & Working Capital Cycle Working Capital Debt Rs. crores DSO DIO DPO Short Term Borrowing Long Term Borrowing Cash Rs 0.1 25 26 Net Debt 25 18 Rs 36.6 54 56 50 Cash Rs 41.0 Cash Rs 8.1 1.8 43 Net Debt 52 Net Debt 29 39 47 Rs (-) 31.6 Rs 10.7 Cash Rs 3.3 Net Debt 35.0 -54 -64 Rs (-
Slide 10: Company Initiatives
Company Initiatives 9
Slide 11: With digital tools for Channel Partners, Employees
With digital tools for Channel Partners, Employees
Slide 12: 2021: Website. Trialook And Tools For Consumers too
2021: Website. Trialook And Tools For Consumers too Trialook : To change tiles in a photo !
Slide 13: A Website that's recognized as Best-In-Class
A Website that’s recognized as Best-In-Class 2020: Best Website 2020: Best Retail Journey 2022: Best Website
Slide 14: That gives selling price by city!
That gives selling price by city !
Slide 15: So, having built differentiation we started advertising it…
So, having built differentiation we started advertising it…
Slide 16: ..on Television
..on Television ei Iw:® Lights, camera, TILES! Excited to share the unveiling of our latest television campaign logo - 100% Tiles, 0% celebs. “© Our team concluded this remarkable journey, putting our incredible crew in the limelight. No fancy celebs, just the real stars behind it all! @ From Orient
Slide 17: Positioning ourselves as a brand with substance
Positioning ourselves as a brand with substance
Slide 18: Which makes an impact on Tile Shoppers
Which makes an impact on Tile Shoppers Standee
Slide 19: …giving a new approach to buying tiles
…giving a new approach to buying tiles
Slide 20: We invested significantly in advertising in Q3!
We invested significantly in advertising in Q3 !
Slide 21: While we continued to celebrate our uniqueness
While we continued to celebrate our uniqueness
Slide 22: Historical Financials
Historical Financials 21
Slide 23: Historical Annual Performance Trends
Historical Annual Performance Trends Consolidated Figures Revenue (Rs Cr) EBITDA (Rs Cr) PAT (Rs Cr) 32 651 700 59 569 53 23 491 500 39 37 31 9 8 7 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 Gross Margin* (%) EBITDA Margin (%) PAT Margin (%) 36.2% 35.9% 37.7% 35.2% 34
Slide 24: Consolidated Historical Income Statement
Consolidated Historical Income Statement (Rs Crore) FY19 FY20 FY21 FY22 FY23 Revenue from operation 571.1 492.3 502.5 654.3 705.1 Other Income 1.9 5.3 1.9 3.0 5.4 Cost of Goods Sold 256.7 236.3 238.9 270.4 274.9 Employee Benefit Expense 75.7 73.6 79.2 92.5 100.9 Other Expenses 201.8 156.4 149.2 235.
Slide 25: Consolidated Historical Balance Sheet
Consolidated Historical Balance Sheet (Rs Crore) Mar’19 Mar’20 Mar’21 Mar’22 Mar’23 (Rs Crore) Mar’19 Mar’20 Mar’21 Mar’22 Mar’23 Share Capital 14.2 14.3 14.4 14.4 14.5 Fixed Assets incl. CWIP 239.8 225.5 201.1 203.6 247.8 Reserves 218.3 225.3 234.9 270.3 295.8 Shareholders' Funds 232.6 239.6 249.3
Slide 26: Thank You
Thank You Orient Bell Limited Mr. Himanshu Jindal – CFO Mr. Ashish Kapur – AGM Treasury, Investor Relations & Corporate Finance +91-11-4711-9100 (B) investor@orientbell.com www.orientbell.com 25