Aisha Steel Mills Ltd. · PSX:ASL
Aisha Steel Mills — Corporate Update (November 2021)
12 slides from Aisha Steel Mills's corporate update, Nov 26, 2021
Slide 1: Corporate Briefing Session
Corporate Briefing Session Friday, November 26th, 2021 | 5:00 PM
Slide 2: Steel Market Overview
Steel Market Overview • International HRC prices followed an overall declining trend in Q1FY22. • HRC prices (FOB China), which peaked at US$ 1,100 / ton in May 2021, subsequently came down and stabilized near US$ 950 in September 2021. Similar price trend was observed in the USA and European market
Slide 3: Domestic Presence
Domestic Presence Sales Office Rawalpindi Lahore Sales Office Multan Sales Office 700,000 tons Production Facility & Karachi Ware House Head Office
Slide 4: International Market Trend
International Market Trend $1,100 $1,000 $900 $800 $700 $600 $500 $400 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 HRC (USD) CRC Oct – Dec 20: $ 85 Jan – Mar 21: $ 98 Apr – Jun 21: $ 10 Jul – Sep 21: $ 65
Slide 5: Market Share
Market Share 42% 44% 41% 38% 41% 37% 39% 40% 32% 36% 30% 27% 20% 17% 16% FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 ASL Leading Local Producer Imports
Slide 6: Aisha Steel Highlights
Aisha Steel Highlights 1.9+ million tons production-to- date 900+ Employees 189+ Billions (PKR) turnover generated 700,000 Tons production capacity 33+ Billions (PKR) contribution to National ex-chequer * Data presented till September 30, 2021
Slide 7: Aisha Steel's Trendline
Aisha Steel’s Trendline Revenue (Bln PKRs) Gross Profit (Bln PKRs) Profit after tax (Mln PKRs) 6,368 55 11.19 CAGR: 50% CAGR: 43% CAGR: 130% 30 18 20 19 14 3.31 2 2.37 2.09 (617) 1,284 1,020 1.68 738 254 Q1 FY22 2021 2020 2019 2018 2017 Q1 FY22 2021 2020 2019 2018 2017 Q1 FY22 2021 2020 2019 2018 20
Slide 8: Ratios
Ratios Current Ratio Debt to Equity Equity Debt 46 67 65 1.05 0.78 1.08 54 33 35 Q1 FY22 FY21 FY20 Q1 FY22 FY21 FY20 Return on Equity Ratio Interest Coverage Ratio 44.02% 2.39 0.84 7.17 4.85% -7.16% Q1 FY22 FY21 FY20 Q1 FY22 FY21 FY20
Slide 9: Results (PKR in '000)
Results (PKR in ‘000) Q1 FY22 FY 2021 FY 2020 Sales 18,007 55,116 29,777 Cost of Sales (15,799) (43,931) (27,411) Gross Profit 2,208 11,185 2,366 Admin expenses (81) (357) (320) Selling expenses (146) (239) (42) Operating Profit 1,981 10,590 2,005 Other income 6 499 38 Other expenses (76) (977) - Fi
Slide 10: Dividend
Dividend • Final cash dividend on ordinary shares (ASL) of Rs. 2 per share for the year ended June 30, 2021 amounting to Rs. 1,543.5 million. • Cumulative dividend on cumulative preference shares (ASLPS and ASLCPS) up to the year ended June 30, 2021 amounting to Rs. 795 million and Rs. 323 million r
Slide 11: Questions
Questions
Slide 12: Thank You
Thank You Corporate Briefing Session