Slide 1: Results for the Fourth Quarter and Year Ended 30 June 2021
RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED 30 JUNE 2021 13 August 2021
Slide 2: Highlights FY 20-21
DECLINE IN EXCHANGE RATE DECLINE & STABILTY IN KIBOR DEFERMENT OF LOANS INCREASE IN INTERNATIONAL SCRAP PRICES INCREASE IN DEMAND OF CONSTRUCTION MATERIALS HIGHLIGHTS CONSTRUCTION PACKAGE, HOUSING LOANS & TAX AMNESTY FY 20-21 CHANGE OF DEPRECIATION EST. AND ACCONTING POLICY FOR INVENTORY VALUATION C
Slide 3: Financial Year 2020-2021
FINANCIAL YEAR 2020-2021 SALES GROSS OPR. REVENUE Up by PROFIT Margin PROFIT Margin Rs. 39 Bn 48% Rs.4.5 Bn Up by 4.7% Rs. 3.0 Bn Up by 6.3% NET PROFIT Margin EPS Times QTY SOLD Rs. 1.3 Bn Up by 8.1% Rs. 4.61 Up by 2.0 362,949 MT Up33%by
Slide 4: Margins & EPS
MARGINS & EPS GROSS PROFIT OPR. PROFIT NET PROFIT EPS FY 21 11.58% 7.73% 3.49% 4.61 FY 20 6.83% 1.34% -4.68% (4.18)
Slide 5: Margins & EPS
MARGINS & EPS GROSS PROFIT OPR. PROFIT NET PROFIT EPS Q4-FY21 10.77% 7.29% 3.69% 1.49 Q3-FY21 13.91% 9.92% 5.14% 1.69
Slide 6: Reconciliation of Profit After Tax
RECONCILIATION OF PROFIT AFTER TAX QUANTITY AND PRICE VARIANCE IMPACT Rs. ‘000’ REMARKS GROSS PROFIT Decrease (68,858) As explained in above slide Mainly increased due to advertisement sales & promotion Rs. 44 million, Salaries and DISTRIBUTION COST Increase (69,582) wages Rs. 14 million in 4th quar
Slide 7: Ratio Analysis
RATIO ANALYSIS UoM FY 21 FY 20 (Restated) PROFITABILITY RATIOS Gross Profit ratio Percentage 11.58 6.83 Net profit / (loss) to sales ratio Percentage 3.49 (4.68) Return on Equity Percentage 9.8 (11.30) INVESTMENT/ MARKET RATIOS Earning / (Loss) per Share Times 4.61 (4.18) Interest Cover Times 1.86 0
Slide 8: Sales Analysis
SALES ANALYSIS REASON FOR VARIANCE - YoY Sales revenue observed an inclining trajectory during SALE PRICE PER TON the ended of FY 21. The sales revenue increased by 140 48% and sales quantity increased by 33% when compared to same period of last year. Prices also 120 increased by 11% YoY due to upti
Slide 9: Scrap Cost
SCRAP COST Scrap Purchase cost (Rs. per ton) 100,000 80,000 60,000 40,000 20,000 - September 30 - 1Q December 31 - 2Q March 31 - 3Q June 30 - 4Q 2020-2021 2019-2020 PKR Vs USD SCRAP CNF USD 180.00 500 450 160.00 400 140.00 350 120.00 300 100.00 250 September 30 - 1Q December 31 - 2Q March 31 - 3Q Ju
Slide 10: Cost of Sales Analysis
COST OF SALES ANALYSIS Cost of sale on YoY basis increased by Cost of sale – Per ton 5% on per ton basis . The increase 120 pertains to provision for FCA (July-19 to 100 May-21), significant increase in scrap prices, increase in electricity tariff by Rupees in ‘000’ 80 Rs. 2.89 per kwh and Rs. 1.95/
Slide 11: Segment Wise Sales
SEGMENT WISE SALES FY 21 FY 20 13.64% 16.10% 22.68% 25.07% 58.83% 63.68% Retail Corporate Government & PFC Retail Corporate Government & PFC
Slide 12: Province Wise Sales
PROVINCE WISE SALES FY 21 FY 20 3.70% 5.67% 5.25% 1.03% 0.08% 3.79% 27.66% 31.88% 63.22% 57.73% Sindh Punjab Gilgit-Baltistan KPK Balochistan Sindh Punjab Gilgit-Baltistan KPK Balochistan
Slide 13: Sales Quantities
SALES QUANTITIES 50,000 45,000 42,911 40,000 36,438 35,000 33,585 33,014 32,464 30,801 30,666 Quantities in M.Tons 30,000 28,588 26,149 25,600 24,643 25,000 20,000 18,089 15,000 10,000 5,000 - July-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 March-21 April-21 May-21 June-21
Slide 14: Administrative & Distribution Expenses
ADMINISTRATIVE & DISTRIBUTION EXPENSES DISTRIBUTION EXPENSES ADMINISTRATIVE EXPENSES In FY 21, distribution expense represents 2.41% of sales revenue. In FY 21, Admn. expense represents 1.41% of sales revenue. In FY 20, distribution expense represents 2.57% of sales revenue. In FY 20, Admn. expense
Slide 15: Production and Capacity Utilization
PRODUCTION AND CAPACITY UTILIZATION PRODUCTION QUANTITIES CAPACITY UTILIZATION 400,000 Capacity SRM 350,000 Production 300,000 250,000 Capacity DRM 200,000 Production 150,000 Capacity 100,000 SMS 50,000 Production - - 100,000 200,000 300,000 400,000 500,000 600,000 700,000 FY21 FY20 FY 21 FY 20 Bill
Slide 16: Foreign Exchange Rate
145.00 150.00 155.00 160.00 165.00 170.00 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 FY 20 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 FOREIGN EXCHANGE RATE Oct-20 Nov-20 Dec-20 FY 21 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21
Slide 17: KIBOR
10.00% 12.00% 14.00% 16.00% 0.00% 2.00% 4.00% 8.00% 6.00% Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 FY20 Feb-20 Mar-20 Apr-20 2020 May-20 Jun-20 Jul-20 KIBOR % Aug-20 2021 Sep-20 Oct-20 Nov-20 Dec-20 FY 21 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21
Slide 18: Thank you