Somany Ceramics Limited · NSE:SOMANYCERA
Somany Ceramics — Q2 FY2017 Earnings Presentation
17 slides from Somany Ceramics's earnings presentation, Oct 26, 2016
Slide 1: Somany Ceramics Ltd. Investor Update - Q2/H1'FY17
SOMANY CERAMICS LTD. Investor Update - Q2/H1’FY17 26th October, 2016
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Somany Ceramics Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securitie
Slide 3: Key Message
Key Message Reported Sales growth of 10.8% in Q2’FY17 and 8.0% H1’FY17 on YoY basis. PBT grew by 113.6% in Q2’FY17 and 92.2% H1’FY17 PBT margins improved to 7.9% and 7.3% for Q2’FY17 and H1’FY17 respectively; PAT margins improved to 5.2% and 4.8% for Q2’FY17 and H1’FY17 respectively Investing in Bra
Slide 4: Somany Design Studio on Wheels
Somany Design Studio on Wheels The 1st of its kind Design Studio on Wheels aims to expand the reach of ‘Brand Somany’ with a plan to travel over 13,000 kms covering 80 cities across India in the next 1 year 4
Slide 5: Performance Snapshot
Performance Snapshot Q2’FY17 - Sales growth – 10.8% YoY to Rs. 464.60 cr with PBT margin of 7.9% H1’FY17 - Sales growth - 8.0% YoY to Rs. 894.05 cr with PBT margin of 7.3% Q2’FY17 – 11.94 MSM with PAT – Q2’FY17 at Rs. 23.01 cr with a a growth of 10.8% YoY growth of 116.1% YoY and H1’FY17 at
Slide 6: Sales Performance (Gross)
Sales Performance (Gross) Q2’FY17 v/s Q2’FY16 H1’FY17 v/s H1’FY16 +10.8% +8.0% 419.48 464.60 894.05 827.48 70.33 138.24 101.21 195.01 212.70 410.30 170.73 337.66 181.57 345.51 147.54 294.81 Q2’FY16 Q2’FY17 H1’FY16 H1’FY17 Own Manufacturing JV Others Figures in Rs.cr 6
Slide 7: Volume Performance - Tiles
Volume Performance - Tiles Q2’FY17 v/s Q2’FY16 H1’FY17 v/s H1’FY16 +10.8% +7.1% 11.94 23.02 10.78 21.49 2.69 2.30 4.54 5.25 10.02 3.88 7.82 5.34 10.31 4.60 9.13 Q2’FY16 Q2’FY17 H1’FY16 H1’FY17 Own Manufacturing JV Others Figures in million square metres 7
Slide 8: Access to Capacity
Access to Capacity Own Plants (Tiles) Location Capacity Capacity (MSM p.a.) Utilization in Owned capacity H1’FY17 of 25.55 MSM Kassar Haryana 17.13 89% p.a. Kadi Gujarat 8.42 77% Subsidiary / Associates Plants Equity Capacity Capacity (Tiles) Stake (MSM p.a.) Utilization in H1’FY17 Amora Tiles Pvt.
Slide 9: Profit & Loss – Q2/H1'FY17
Profit & Loss – Q2/H1’FY17 Particulars Q2’FY17 Q2’FY16 Growth H1’FY17 H1’FY16 Growth Gross Sales 464.60 419.48 10.8% 894.05 827.48 8.0% Net Sales 444.33 403.33 10.2% 828.44 794.79 7.7% EBIDTA 44.76 29.60 51.2% 82.21 54.88 49.8% Depreciation 5.84 4.81 21.4% 11.58 9.64 20.1% Finance cost 3.78 4.51 -16
Slide 10: Balance Sheet (Abstract)
Balance Sheet (Abstract) Particulars Sept’16 Mar’16 Equity Share Capital 8.48 8.48 Reserves & Surplus 452.18 411.27 Net Worth 460.66 419.75 Total Debt 218.76 209.30 Net Block 318.49 312.20 Investments 47.68 36.11 Net Current Assets 326.55 291.99 Standalone figures in Rs.cr 10
Slide 11: Financial Snapshot
Financial Snapshot ROCE (%) ROE (%) 19.5 18.5 19.8 20.6 23.0 16.2 18.7 18.1 18.6 15.1 2013 2014 2015 2016 H1’FY17 2013 2014 2015 2016 H1’FY17 Debt/Equity (x) Working Capital Days* 1.2 47 47 37 39 41 0.8 0.7 0.5 0.5 2013 2014 2015 2016 H1’FY17 2013 2014 2015 2016 H1’FY17 *excludes Current Investment
Slide 12: Shareholding as on 30th September 2016
Shareholding as on 30th September 2016 30th 30th Particulars Sep’2016 Jun’2016 Promoters 51.5% 51.5% Others FII 4.0% 5.2% 32.0% DII 8.6% 8.0% 51.5% Bodies Corporate 3.9% 3.4% 3.9% Bodies Others 32.0% 31.9% Corporate 8.6% Promoters DII 4.0% Equity Shares 42,379,426 42,379,426 FII 12
Slide 13: 5 Year P&L - Standalone
5 Year P&L - Standalone Particulars FY’12 FY’13 FY’14 FY’15 FY’16 Net Sales 870 1,046 1,256 1,531 1,721 EBIDTA 75 87 84 104 132 Depreciation 18 20 22 22 21 Finance cost 21 20 18 16 16 Profit before tax 36 47 44 66 91* Tax expenses 11 15 16 22 30 Profit after tax 25 32 28 44 61 Cash profits 43 53 51
Slide 14: 5 Year Balance Sheet - Standalone
5 Year Balance Sheet - Standalone Particulars Mar’12 Mar’13 Mar’14 Mar’15 Mar’16 Equity Share Capital 7 7 8 8 8 Reserves & Surplus 117 144 213 246 412 Net Worth 124 151 221 254 420 Total Debt 181 176 170 188 209 Net Block 194 209 219 237 312 Investments 6 9 22 24 36 Net Current Assets 128 133 165 18
Slide 15: 5 Year P&L - Consolidated
5 Year P&L - Consolidated Particulars FY’12 FY’13 FY’14 FY’15 FY’16 Net Sales 876 1,050 1,261 1,535 1,710 EBIDTA 75 88 84 115 152 Depreciation 18 20 21 26 28 Finance cost 21 20 19 21 22 Profit before tax 36 48 44 68 97* Tax expenses 11 16 15 22 31 Profit after tax 25 32 29 46 66 Cash Profit 43 53 53
Slide 16: 5 Year Balance Sheet - Consolidated
5 Year Balance Sheet - Consolidated Particulars Mar’12 Mar’13 Mar’14 Mar’15 Mar’16 Equity Share Capital 7 7 8 8 8 Reserves & Surplus 121 146 215 250 420 Net Worth 126 153 223 258 428 Minority Interest - - 4 5 20 Total Debt 181 177 189 210 264 Net Block 194 209 243 265 387 Investments 5 9 18 20 20 Ne
Slide 17: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : Somany Ceramics Ltd. Strategic Growth Advisors Pvt. Ltd. CIN - L40200DL1968PLC005169 CIN - U74140MH2010PTC204285 Mr. R. K. Lakhotia, VP – Finance Ms. Payal Dave /Mr. Shogun Jain fin@somanytiles.co.in dpayal@sgapl.net /