Lucky Core Industries Limited · PSX:LCI

Lucky Core Industries — H1 FY2023-24 Earnings Presentation

15 slides from Lucky Core Industries's earnings presentation, Feb 6, 2024

  1. Slide 1: Corporate Briefing Session

    CORPORATE BRIEFING SESSION This is to inform you that the Corporate Briefing Session (CBS) of Lucky Core Industries Limited (the “Company”) will be held on Tuesday, February 06, 2024 at 3:30 pm through video-link facility, to brief the shareholders, investors and analysts about the Company’s financi

  2. Slide 2: Corporate Briefing Session Invitation

    CORPORATE BRIEFING SESSION You are cordially invited to the Corporate Briefing Session of Lucky Core Industries Limited, wherein the Company’s senior Management shall discuss the Company’s financial performance. Tuesday February 06, 2024 (Online) 03:30 pm with Q&A to follow To attend the Corporate B

  3. Slide 3: Investor Briefing Six Months Ended Dec'23

    Investor Briefing Six Months Ended Dec’ 23 February 06, 2024

  4. Slide 4: Our Businesses

    Soda Ash Business Polyester Business Pharmaceuticals Our From baking soda, detergents to glass, Soda Fabric made from Polyester is used for fashion, design, Business Manufacturing, marketing Ash has diversified & interiors. and distribution of some of Businesses applications. the leading pharma prod

  5. Slide 5: H1 FY 23-24 – At a Glance

    H1 FY 23-24 – At a Glance Unconsolidated Consolidated Financials Financials Revenue 22% Revenue 21% PKR 60,222 Mln PKR 60,054 Mln EBIT 53% EBIT 52% PKR 8,079 Mln PKR 8,135 Mln PAT 67% PAT 54% PKR 5,040 Mln PKR 5,041 Mln EPS 67% EPS 67% PKR 54.57 PKR 54.58 * The Operating Profit for six months ended

  6. Slide 6: Key Highlights – H1 FY 2023-24

    Key Highlights – H1 FY 2023-24 Policy Rate PKR Appreciation LSM (YTD Nov’23) Inflation 22% 1.4% 0.8% 28.8% The SPA with Lotte Chemical Corporation was terminated by Lucky Core Ventures (Private) Limited In principle approval granted for 200 KTPA capacity 1 as the conditions required for completion c

  7. Slide 7: Strong Capital Structure

    Strong Capital Structure Healthy payout and low gearing, whilst investing heavily in growth / expansion projects. PKR’ m Ratios FY'20 FY'21 FY'22 FY'23 H1 FY'24 ROCE 20% 29% 35% 45% 50%** Healthy PAT 3,096 5,959 6,249 13,772 5,040 Returns Payout Ratio 47% 62% 52% 50% * 50% Total Net Debt 10,843 6,99

  8. Slide 8: Company Performance H1 FY 23-24

    Company Performance H1 FY 23-24

  9. Slide 9: EBIT by Business – Standalone

    Financial Performance by Business – Standalone Resilient performance despite challenging economic conditions. Soda Ash Polyester Pharmaceuticals Chemicals Animal Health LCI Ltd 24,505 26% 19,692 12% 5,782 30% 7,007 49% 3,329 2% 60,222 22% NSI Vs. 19,412 Vs. 17,629 Vs. 4,447 Vs. 4,701 Vs. 3,263 Vs. 4

  10. Slide 10: Revenue – Soda Ash

    Financial Performance – Soda Ash Year on year growth achieved through continued investment in capacity expansion. 41.42 7.63 Revenue 25.06 24.50 4.82 4.48 EBIT 19.41 3.63 3.53 16.54 16.71 3.28 3.30 15.65 2.75 12.55 FY18 FY19 FY20 FY21 FY22 FY23 H1 H1 FY18 FY19 FY20 FY21 FY22 FY23 H1 H1 FY23 FY24 FY2

  11. Slide 11: Revenue – Polyester

    Financial Performance – Polyester Volatility in performance linked to global economic conditions, commodity prices and a slowdown in demand. 40.45 3.81 36.68 3.19 2.72 Revenue 23.63 24.30 EBIT 19.89 19.69 18.15 17.63 0.71 0.61 0.65 0.05 0.07 FY18 FY19 FY20 FY21 FY22 FY23 H1 H1 FY18 FY19 FY20 FY21 FY

  12. Slide 12: Revenue – Pharmaceuticals

    Financial Performance – Pharmaceuticals Improved profitability achieved through CPI-based price adjustment provided to the industry in Jul’23 and a better sales mix. 1.25 8.89 9.16 7.81 1.00 0.97 6.32 0.84 6.14 Revenue 5.70 5.78 0.72 0.64 EBIT 4.45 0.56 0.28 FY18 FY19 FY20 FY21 FY22 FY23 H1 H1 FY18

  13. Slide 13: Revenue – Animal Health

    Financial Performance – Animal Health Decline in overall demand offset by tighter cost control 6.84 0.93 5.62 0.76 0.72 4.89 5.11 Revenue 3.91 EBIT 3.73 0.50 3.26 3.33 0.45 0.38 0.26 0.24 FY18 FY19 FY20 FY21 FY22 FY23 H1 H1 FY18 FY19 FY20 FY21 FY22 FY23 H1 H1 FY23 FY24 FY23 FY24 1.01 0.83 0.74 EBITD

  14. Slide 14: Revenue – Chemicals & Agri Sciences

    Financial Performance – Chemicals & Agri Sciences Effective margin management, improved demand and strong performance in the oil seeds category. 1.89 11.71 10.81 1.46 8.70 8.11 Revenue 7.83 8.02 7.01 1.14 EBIT 0.94 0.80 4.70 0.71 0.38 0.29 FY18 FY19 FY20 FY21 FY22 FY23 H1 H1 FY18 FY19 FY20 FY21 FY22

  15. Slide 15: Q&A Session

    Q&A Session

Lucky Core Industries — H1 FY2023-24 Earnings Presentation on 6ix