Slide 1: Investor Presentation for the Quarter Ended March 2022
I N V E S T O R P R E S E N TAT I O N For The Quarter Ended March 2022 May 11, 2022 AMONGST INDIA’S LEADING integrated BUILDING MATERIALS COMPANIES
Slide 2: Prism Johnson: An Integrated Building Materials Company
Prism Johnson: An Integrated Building Materials Company www.prismjohnson.in Capacity Capacity Capacity 5.6 MTPA at Satna, Madhya ~64 million m2 of own and JV tile ~11 million m3; 97 plants pan- Pradesh capacity across 11 locations in India India Products / Brands Products Products Ordinary Portlan
Slide 3: FY22 Financial Performance Snapshot (1/2)
Executive Summary: Consolidated (Ex. RQBE) FY22 Financial Performance Snapshot (1/2) www.prismjohnson.in Revenue Revenue Mix Prism Cement 41.3% HRJ FY22 revenue grew by 9.4% 38.1% led by strong growth in both Prism Cement constituted HRJ and Prism RMC divisions; 41.3% of FY22 revenues; HRJ ₹ 58,265
Slide 4: FY22 Financial Performance Snapshot (2/2)
Executive Summary: Consolidated (Ex. RQBE) FY22 Financial Performance Snapshot (2/2) www.prismjohnson.in Working Capital Operating FCF 9,300 4,390 4,060 3,930 2,981 44 Efficient management of Operating Free Cash Flow 40 40 18 18 Working Capital; (FCF) (pre-capex and Working Capital Days investments)
Slide 5: Q4 FY22 Segment-Wise Business Update
Executive Summary: Q4 FY22 Segment-Wise Business Update www.prismjohnson.in Prism Cement Cement & clinker sales volume declined 25.4% YoY from 1.90 million tons in Q4 FY21 to 1.42 million tons in Q4 FY22; Share of premium cement increased from 28.9% in Q4 FY21 to 30.2% in Q4 FY22 HRJ HRJ consolidate
Slide 6: Prism Cement: Prominent Cement Player in the Satna Cluster
Prism Cement: Prominent Cement Player in the Satna Cluster www.prismjohnson.in Prominent cement company in Satna Superior product mix; Premium products Cluster with installed capacity of 5.6 MTPA Capacity (Champion Plus and Duratech) constituted Product at Satna, Madhya Pradesh 29.0% of cement volum
Slide 7: Prism Cement: Satna Plant & Key Brands
Prism Cement: Satna Plant & Key Brands www.prismjohnson.in An all-purpose cement that can be used in all types of Duratech reinforced cement concrete, pre-cast works, including building terraces, beams, columns & foundations Makes the concrete stronger, denser and leak proof, Champion reinforcing th
Slide 8: Prism Cement: Share of Premium Products Continues to Rise
Prism Cement: Share of Premium Products Continues to Rise www.prismjohnson.in Cement & Clinker Sales Volume (million tons) Premium Products % 1.90 30.2% 29.0% 29.0% 28.9% 28.7% 28.1% 1.42 1.42 27.7% 27.6% 27.5% 1.32 1.31 1.25 1.23 1.19 26.2% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY FY21 FY22 FY21 FY22 FY22 Region
Slide 9: Prism Cement: Higher Costs and Lower Volumes Impacted EBITDA per ton
Prism Cement: Higher Costs and Lower Volumes Impacted EBITDA per ton www.prismjohnson.in EBITDA per ton (₹) Cost per ton (₹) 4,394 1,156 1,116 4,154 1,012 962 3,903 918 906 875 3,584 3,507 3,483 3,482 3,482 3,447 3,437 709 408 385 Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY FY21 FY22 FY21 FY22 Cost per ton (₹) Q4
Slide 10: Prism Cement: Key Operating Metrics
Prism Cement: Key Operating Metrics www.prismjohnson.in Lead Distance (Kilometers) Rail-Road Mix (%) 37% 40% 50% 57% 59% 61% 406 391 391 382 384 63% 60% 50% 43% 41% 369 39% FY17 FY18 FY19 FY20 FY21 FY22 FY17 FY18 FY19 FY20 FY21 FY22 Rail Road Power Consumption (Kwh per ton of cement) FY22 Fuel Mix (
Slide 11: HRJ: Amongst the Leading Tiles & Bath Fittings Companies in India
HRJ: Amongst the Leading Tiles & Bath Fittings Companies in India www.prismjohnson.in Strong brand with a long standing history of Wide Distribution Network; 18 large tile manufacturing in India; Experience format Experience Centres displaying Distribution Operating since 1958 HRJ’s product range Wi
Slide 12: HRJ: Strong Growth in Sales of Domestic Tiles, Sanitary Ware and Bath Fittings
HRJ: Strong Growth in Sales of Domestic Tiles, Sanitary Ware and Bath Fittings www.prismjohnson.in Revenue (₹ million) EBITDA (₹ million) 856 6,885 807 772 765 6,332 6,142 598 5,469 5,423 524 4,895 90 3,527 1,865 (471) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY21 FY22 FY21 FY22 Q4 Q4 HRJ sales grew by 12.1% YoY f
Slide 13: HRJ: Key Operating Metrics
HRJ: Key Operating Metrics www.prismjohnson.in Tile Manufacturing Capacity (million m2) Tile Sales Volume (million m2) 69% 80 60% 62% 70% 58% 59% 70 60% 60 50% 50 40% 40 68 68 63 64 30% 53.1 30 60 48.6 20% 45.0 44.6 44.8 20 10 10% 0 0% FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Tile Capacity
Slide 14: HRJ: Growth Opportunities Complementary to Domestic Tiles Business
HRJ: Growth Opportunities Complementary to Domestic Tiles Business; Leveraging the Johnson Brand & Distribution Network for Johnson Bath Division www.prismjohnson.in Johnson Bath Division Exports Revenue 2,881 2,462 2,529 2,361 1,970 1,760 1,529 1,618 1,840 1,194 1,641 1,304 530 677 1,167 1,041 464
Slide 15: Ardex Endura: Respectable Brand known for its Technological Prowess
Ardex Endura: Respectable Brand known for its Technological Prowess www.prismjohnson.in Revenue (₹ million) 1,684 1,548 1,558 1,347 1,332 Prism Johnson’s Joint Venture with Ardex, Germany with a 50% Stake R&D driven business Pan India presence with plants in Bengaluru, Baroda, Durgapur, Pune,
Slide 16: HRJ: Wide Product Range with an Innovation Focus
HRJ: Wide Product Range with an Innovation Focus www.prismjohnson.in Innovations That Differentiate HRJ Tac Tiles Cool Roof SRI (Solar Reflective Tiles) Germ-Free Product Range INVESTOR PRESENTATION For The Quarter Ended March 2022 16
Slide 17: HRJ: Key Brands
HRJ: Key Brands www.prismjohnson.in INVESTOR PRESENTATION For The Quarter Ended March 2022 17
Slide 18: HRJ: Operates 18 Experience Centres Across India
HRJ: Operates 18 Experience Centres Across India www.prismjohnson.in Experience Showroom - Coimbatore Experience Showroom – Chennai Experience Showroom - Trivandrum Experience Showroom - Varanasi INVESTOR PRESENTATION For The Quarter Ended March 2022 18
Slide 19: Prism RMC: Amongst the Leading RMC Players with a Pan-India Presence
Prism RMC: Amongst the Leading RMC Players with a Pan-India Presence www.prismjohnson.in Three technical labs that are certified by Amongst the top three players in the Pan India National Accreditation Board for Testing Quality RMC sector with pan India presence: Presence and Calibration Laboratorie
Slide 20: Prism RMC: Increase in EBITDA Margin on a Sequential Basis
Prism RMC: Increase in EBITDA Margin on a Sequential Basis www.prismjohnson.in Revenue (₹ million) EBITDA (₹ million) 198 3,530 3,316 96 3,167 92 73 50 2,928 2,920 7 2,349 2,113 Q2 Q3 Q4 (88) 729 (500) Q1 Q2 Q3 Q4 Q1 FY21 FY22 FY21 FY22 Key Metrics FY21 FY22 % Change Revenue (₹ mn) 9,079 11,975 31.9
Slide 21: Prism RMC: Wide Product Range (1/2)
Prism RMC: Wide Product Range (1/2) www.prismjohnson.in INVESTOR PRESENTATION For The Quarter Ended March 2022 21
Slide 22: Prism RMC: Wide Product Range (2/2)
Prism RMC: Wide Product Range (2/2) www.prismjohnson.in INVESTOR PRESENTATION For The Quarter Ended March 2022 22
Slide 23: Raheja QBE General Insurance (RQBE): Performance Summary
Raheja QBE General Insurance (RQBE): Performance Summary www.prismjohnson.in New products launched during the quarter: Commercial Lines: Miscellaneous Professional Indemnity, Multimedia Professional Indemnity Policy , Cyber & Data Security Insurance Policy Retail Lines: Contractor's All Risks RQBE a
Slide 24: Management Driving Several ESG Initiatives
Management Driving Several ESG Initiatives www.prismjohnson.in Green Energy Nearly 35% of Prism Cement’s total power requirement met through WHRS and Solar Power during FY22 GHG Emissions 13% reduction in Prism Cement’s Energy Intensity in FY22 at 13,139 TJ; Emissions Intensity at 613 kg CO2 per ton
Slide 25: Glimpses of CSR Initiatives
Glimpses of CSR Initiatives www.prismjohnson.in Renovation of Government School at Chormari, Satna Vocational Skill Development: Sewing Kit Distribution Construction of Bus Shelter at Baghai, Satna Motorised Tricycle Distribution at Satna INVESTOR PRESENTATION For The Quarter Ended March 2022 25
Slide 26: Consolidated (Ex RQBE) Financials Summary
Consolidated (Ex RQBE) Financials Summary: www.prismjohnson.in Strong Performance by HRJ Division Consolidated Revenue Ex RQBE (₹ million) 17,735 ₹ mn FY18 FY19 FY20 FY21 FY22 % YoY 17,217 15,175 Revenue 54,217 60,813 58,205 53,261 58,265 9.4% 8,276 6,885 6,802 6,332 6,142 5,675 - Cement 23,723 27,7
Slide 27: Consolidated (Ex RQBE) Financials Summary
Consolidated (Ex RQBE) Financials Summary www.prismjohnson.in Particulars (₹ Q4 Q3 Q4 % % YoY FY21 FY22 % YoY ROCE million) FY21 FY22 FY22 QoQ Revenue from Operations 17,735 15,175 17,217 13.5% (2.9%) 53,261 58,265 9.4% 18.2% 15.6% 15.5% 13.2% 13.5% EBITDA 2,634 1,360 1,534 12.8% (41.8%) 7,013 6,143
Slide 28: Strong Balance Sheet
Strong Balance Sheet www.prismjohnson.in Consolidated Net Debt Ex RQBE (₹ million) Debt Repayment Obligations (₹ million) 20,877 10.0 19,081 19,527 18,562 18,642 5,716 00 6.4 8.0 5.4 12,343 3,576 00 4.4 12,534 6.0 3.0 3.1 2,140 00 2.0 4.0 1.8 2.0 00 2.1 1.9 1.9 1.7 1.6 0.0 0.9 0.9 0 -2.0 Original Re
Slide 29: Standalone Financials Summary
Standalone Financials Summary www.prismjohnson.in Particulars (₹ million) Q4 FY21 Q3 FY22 Q4 FY22 % QoQ % YoY FY21 FY22 % YoY Revenue from Operations 16,890 14,562 16,603 14.0% (1.7%) 50,352 55,688 10.6% - Prism Cement 8,276 5,675 6,802 19.8% (17.8%) 25,857 24,076 (6.9%) - HRJ 5,395 5,785 6,342 9.6%
Slide 30: Management Profile: Experienced Management (1/2)
Management Profile: Experienced Management (1/2) www.prismjohnson.in Educational Background: B. Tech (Elec.) from IIT, Delhi and PGDM from IIM, Ahmedabad Tenure in Company: ~25 years Mr. Vijay Aggarwal Managing Director Past work experience: SBI Capital Markets Other Board Memberships include: Aptec
Slide 31: Management Profile: Experienced Management (2/2)
Management Profile: Experienced Management (2/2) www.prismjohnson.in Aneeta Kulkarni Manish Bhatia Company Secretary Chief Financial Officer Company Secretary, LLB, PGDAM (NMIMS) and FIII (Fellow of Insurance Institute of India) Chartered Accountant Tenure in Company: Over 26 years Tenure in Company
Slide 32: Market Information
Market Information www.prismjohnson.in Absolute Share Price Performance Share Price Performance vs. BSE Sensex 160 1,600 120 1,200 104.4 365 80 800 40 400 192 0 0 Apr20 Jul20 Oct20 Jan21Apr21 Jul21 Oct21 Jan22Apr22 Apr20 Aug20 Dec20 Apr21 Aug21 Dec21 Apr22 Value Traded on NSE + BSE (INR mn) (RHS) Pr
Slide 33: About Prism Johnson Limited
About PRISM JOHNSON LIMITED www.prismjohnson.in PRISM JOHNSON LIMITED is one of India’s leading integrated Building Materials’ Company, with a wide range of products from cement, ready-mixed concrete, tiles and bathroom products. Prism Cement Prism Cement manufactures Cement with the brand name 'Cha
Slide 34: Contact and Safe Harbor
PRISM JOHNSON LIMITED is committed to creating long-term sustainable shareholder value through successful implementation of its growth plans. The company’s investor relations mission is to maintain an ongoing awareness of its performance among shareholders and financial community. For additional inf