Aisha Steel Mills Ltd. · PSX:ASL
Aisha Steel Mills — Investor Presentation (November 2020)
15 slides from Aisha Steel Mills's investor presentation, Nov 27, 2020
Slide 1: Corporate Briefing Session
Corporate Briefing Session Friday, November 27th, 2020 | 4:30 PM
Slide 2: Vision & Mission
Vision & Mission Vision To be a global leader in the flat steel industry, acknowledged by its customers for quality and service excellence. Mission To provide an environment of motivated employees focused on continuous improvement in product and quality, highest business and work ethics, add value t
Slide 3: Our Products
Our Products Cold Rolled Coils • Annual Capacity : 450,000 Tons • Size (mm) : 0.15mm – 3mm • Finish : Matt / Bright Hot Dipped Galvanized Coils • Annual Capacity : 250,000 Tons • Size (mm) : 0.15mm – 3mm • Spangle : Regular / Zero • Finish : Matt / Bright • Coating Thickness : Z06 – Z27
Slide 4: Domestic Presence
Domestic Presence Sales Office Islamabad Lahore Sales Office Multan Sales Office 700,000 tons Production Facility & Karachi Ware House Head Office
Slide 5: Steel Market Overview
Steel Market Overview • US-China trade war dominated the business scene keeping the international market under stress. • HRC prices dropped from US$ 500 / ton in July to US$ 400 FOB China, in October 2019, after which the prices started firming up, reaching US$ 500 per ton in December 2019. • Due to
Slide 6: Aisha Steel Highlights
Aisha Steel Highlights 1.5 million tons production-to- date 750+ Employees 126 generated Billions (PKR) turnover 700,000 Tons production capacity 24+ National ex-chequer Billions (PKR) contribution to 13+ substituted Billions (PKR) Imports * Data presented till September 30, 2020
Slide 7: Critical Performance Indicators
Critical Performance Indicators UoM Q1 FY21 FY 2020 FY 2019 Revenue Billion PKR 11.205 29.77 20.23 EBITDA Million PKR 1,550 2,844 1,960 Debt to Equity Ratio 51:49 54:46 47:53 Total Assets Million PKR 28,488 34,509 32,731 Production Tons 94,878 277,800 202,164 Sales Tons 69,202 257,453 205,456
Slide 8: Operational Parameters
Operational Parameters Capacity Utilization Dealer to End User Ratio CRC Sales to GI Sales • FY 2020 – 40% • FY 2020 – 90:10 • FY 2020 – 57:43 • FY 2019 – 89% • FY 2019 – 80:20 • FY 2019 – 87:13 Avg thickness of CRC Avg thickness of GI • FY 2020 – 1.2 mm • FY 2020 – 1.5 mm • FY 2019 – 1.3 mm • FY 20
Slide 9: Results (PKR in '000)
Results (PKR in ‘000) Q1 FY21 FY 2020 FY 2019 Sales 11,206 29,777 20,231 Cost of Sales (9,730) (27,411) (18,553) Gross Profit 1,476 2,366 1,678 Admin expenses (71) (319) (250) Selling expenses (12) (42) (25) Other income 12 38 52 Other expenses (64) - - Profit from operations 1,341 2,043 1,455 Finan
Slide 10: Aisha Steel's Trendline
Aisha Steel’s Trendline Revenue (Bln PKRs) Gross Profit (Bln PKRs) PAT (Mln PKRs) 3.31 30 1,284 2.37 1,020 20 2.09 19 1.68 1.48 660 14 11 10 0.98 254 (155) (617) Q1 FY21 2020 2019 2018 2017 2016 Q1 FY21 2020 2019 2018 2017 2016 Q1 FY21 2020 2019 2018 2017 2016 Production Sales (Thousand Tons) (Thous
Slide 11: Quarterly Performance
Quarterly Performance Quarter Quarter Quarter Quarter 1 2 3 4 Revenue: Rs. 6.2 Revenue: Rs. 11.4 Revenue: Rs. 7 bn Revenue: Rs. 5.2 bn bn Sold 60,429 tons bn Sold 52,868 tons Sold 100,171 GP: Rs. 740 mn Sold 44,985 tons GP: Rs. 553 mn tons |10.5% GP: Rs. 367 mn |9% GP: Rs. 706 mn NL: Rs. 153 mn |7%
Slide 12: Quarterly Performance
Quarterly Performance Quarter Quarter Quarter Quarter 1 2 3 4 CRC CRC CRC CRC Produced: 39,243 Produced: 52,418 Produced: 36,897 Produced: 28,104 Sold: 30,067 Sold: 59,935 Sold: 33,507 Sold: 22,635 Avg. SP: Rs. Avg. SP: Rs. Avg. SP: Rs. Avg. SP: Rs. 107,433 105,951 106,528 106,090 GI GI GI GI Produc
Slide 13: Average Monthly Operations (Tons)
Average Monthly Operations (Tons) 31,626 23,150 23,067 21,454 18,087 18,114 17,860 17,460 17,121 16,847 16,326 15,105 11,577 11,189 Q1 FY21 2020 2019 2018 2017 2016 2015 Average Production (Tons) Average Sales (Tons)
Slide 14: Forum is now open for Questions
Forum is now open for Questions
Slide 15: Thank You for Your Presence
Thank You for Your Presence Corporate Briefing Session
Aisha Steel Mills — Investor Presentation (November 2020) on 6ix