Prakash Industries Limited · NSE:PRAKASH
Prakash Industries — Q3 FY2019 Earnings Presentation
27 slides from Prakash Industries's earnings presentation, Jan 16, 2019
Slide 1: Filing cover letter to stock exchanges
Prakash Industries Limited Near 1.0.C.L. Depot, Najafgarh - Bijwasan Road, Bijwasan, New Delhi-110061. CIN: L27109HR1980PLC010724 Tel. : 25305800, 28062115, Fax : 91-11-28062119 E-mail : pilho@prakash.co m, Website : www.prakash .com PIUSE/MIS/201 9 15th January, 2019 Listing Department Listing Depa
Slide 2: Prakash Industries Limited Investor Presentation January 2019
PRAKASH INDUSTRIES LIMITED People… Prosperity… Progress… INVESTOR PRESENTATION | JANUARY 2019
Slide 3: Disclaimer
DISCLAIMER This presentation and the accompanying slides (the “Presentation”), which have been prepared by Prakash Industries Limited (the “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall n
Slide 4: Contents
CONTENTS 01 02 03 04 FINANCIAL KEY COMPANY AT CORPORATE HIGHLIGHTS UPDATES GLANCE SOCIAL RESPONSIBILITY 3
Slide 5: Quarterly & Nine Months Financial Highlights
QUARTERLY & NINE MONTHS FINANCIAL HIGHLIGHTS 4
Slide 6: Financial Highlights – Q3FY2019
FINANCIAL HIGHLIGHTS – Q3FY2019 During Q3FY2019, the Company has achieved Net Sales of Rs.1026 Crores and EBITDA of Rs.206 Crores, reflecting growth of 41% and 35% respectively over the corresponding quarter of the last financial year. After providing for interest, depreciation and tax, the Net Prof
Slide 7: Financial Highlights – FY2019 (9 Months)
FINANCIAL HIGHLIGHTS – FY2019 (9 MONTHS) During nine months ended December 2018, the Company has achieved Net Sales of Rs.2962 Crores and EBITDA of Rs.639 Crores, reflecting growth of 46% and 66% respectively over the corresponding period of the last financial year. After providing for interest, dep
Slide 8: Profitability Highlights - Yearly
PROFITABILITY HIGHLIGHTS - YEARLY INR in Cr FY16 FY17 FY18 CAGR Revenues 2,053 2,174 2,935 Other Income 5 3 15 Total Income 2,058 2,177 2,950 19.7% growth % 6% 35% Raw Material 1,460 1,482 1,847 Employee Expenses 144 155 196 Other Operating Expenses 259 275 310 EBITDA 195 265 596 75.0% EBITDA Margin
Slide 9: Key Updates
KEY UPDATES 8
Slide 10: Key Updates
KEY UPDATES More than 40% Growth in Net Sales • Quarterly Net Sales crossed more than INR1000 crores for the first time ever, registering growth of 41% against Q3FY18 • Quarterly sales volume of ~2.57 lac tonnes in Q3FY19 registering growth of 22% against Q3FY18 The above performance was backed by
Slide 11: Company at Glance
COMPANY AT GLANCE 10
Slide 12: Company Overview
COMPANY OVERVIEW One of the Strategically Captive Iron 230MW Captive PVC Pipes & Largest located plants in Ore Mines in Power Plant in Fittings- Strong Integrated Chhattisgarh, Odisha & operation brand presence Steel one of the major Chhattisgarh; -WHRB (65 MW) in North India Manufacturers Coal and
Slide 13: Our Footprints
OUR FOOTPRINTS Corporate Office, New Delhi 1 Mn Tonne Steel Manufacturing Capacity 55,000 Tonne PVC Pipes Manufacturing Capacity & 5,400 Tonne Flexible Packaging Capacity Allotted Kawardha iron ore mine in Chhattisgarh, operational by FY20 Sirkaguttu Iron Ore Mine in Odisha, operational in Q4FY19 Wi
Slide 14: Diversified Business Segments
DIVERSIFIED BUSINESS SEGMENTS Revenue Break-up Prakash Industries Ltd. Q3FY19 Steel & Mining Plastic Wind Power Power PVC Pipes & Iron Ore Sponge Iron Fittings Captive Flexible Power Plant Packaging 8% 92% Steel Blooms & Billets Wire Rod TMT Bars Steel & Power PVC Pipes & Fittings Ferro Alloys 13
Slide 15: Integrated Steel Business
INTEGRATED STEEL BUSINESS 01 Integrated Steel Plant at Chhattisgarh 02 Produces steel through coal based Sponge Iron Route; Technical collaboration with Lugri GmbH, Germany Secured Supply of Key Raw material – (i) Iron Ore - mines allotted in the state 03 of Chhattisgarh & Odisha (ii) Coal through l
Slide 16: Steel – Product Portfolio
STEEL – PRODUCT PORTFOLIO Wire Rods HB Wire Structural Steel TMT Bars 15
Slide 17: Power Business
POWER BUSINESS Operating 230 MW captive power at its Integrated Steel Plant Power generated partly by harnessing waste gases emanating from Sponge Iron process and partly through Thermal route Out of the total 230 MW – 65 MW through Power Co generation and 165 MW through Thermal route 16
Slide 18: Key Growth Drivers
KEY GROWTH DRIVERS Captive Iron Ore Mines Allotted two captive iron ore mines in the states of Odisha and Chhattisgarh for its steel operations. The Odisha Mine is expected to be operational in the current quarter Coal Linkages In Place Secured 1.56 MTPA Long Term Coal Linkages for Sponge Iron and c
Slide 19: Steel Scenario
STEEL SCENARIO National Steel Policy 2017 Focus on Affordable Housing & Infrastructure Build a globally competitive industry with a crude steel Emphasis on Housing for All by 2022 by the capacity of 300 MT by 2030-31 Government Increase per Capita Steel Consumption to 160 Kg by Aim to build
Slide 20: PVC Pipes Business – Demerged Entity
PVC PIPES BUSINESS – DEMERGED ENTITY Plant Strategically located in Uttrakhand; with current capacity of 55,000 MTPA Strong Brand presence in the states of UP, Uttrakhand, Delhi, Haryana & Punjab Enhanced product portfolio with PVC fittings and Garden Pipes Ventured into Flexible Plastic Packaging b
Slide 21: PVC Pipes – Product Portfolio
PVC PIPES – PRODUCT PORTFOLIO 20
Slide 22: Key Growth Drivers – PVC Business
KEY GROWTH DRIVERS – PVC BUSINESS Government thrust on Agriculture & Infrastructure Swachh Bharat Abhiyan “Affordable Housing” and “Housing for All” Higher Union Budget allocation for Irrigation sector GST to give edge to the organised players over unorganised sector 21
Slide 23: Capacity Expansion
CAPACITY EXPANSION Existing Future Total Product Location Time Line Capacity Capacity Capacity Integrated Steel Raipur, Finished Steel 1.1 Mn Tons - 1.1 Mn Tons - Chhattisgarh Champa, Sponge Iron 1.0 Mn Tons 0.20 Mn Tons 1.2 Mn Tons March, 2019 Chhattisgarh Champa, Steel Billets 1.1 Mn Tons - 1.1 Mn
Slide 24: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY 23
Slide 25: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY Corporate Social Responsibility (CSR) has been integral part of the Company's business since inception. Following are the broad areas of the initiatives: • Providing safe drinking water facilities • Conducting training programs for promotion of vocational skills & env
Slide 26: Betterment of the Community
… BETTERMENT OF THE COMMUNITY “Mission 500” – Baal Sanskar Clean & Safe Water Preliminary Medicare Centre's Kendras Wasteland Reclamation & Renovation of Public Places Education Plantation 25
Slide 27: Thank You
Thank You For more information: visit www.prakash.com or write to investorshelpline@prakash.com 26