Orient Bell Limited · NSE:ORIENTBELL
Orient Bell — Q2 FY19 Earnings Presentation
18 slides from Orient Bell's earnings presentation, Nov 13, 2018
Slide 1: Orient Bell cover letter to exchanges: investor update
orientbell tiles OBL:HO:SEC:OO: New Delhi 13.11.2018 BSE Limited National Stock Exchange of India Ltd. Corporate Relation Department Exchan ge Plaza, 1st Floor, New Trading Ring Plot No. C/1, G Block, Rotunga BuildingPhiroze Jeejeebhoy Towers Bandra-Kurla Complex, Dalal Sh·eet, Bat,dra (E) Mumbai -
Slide 2: FY19 Q2/H1
FY19 Q2/H1 :z ._ 0 ._ <( :z w (f) w 0::: a_ (f) 0::: ._0 (f) w > :z 1
Slide 3: Key Message
Key Message The Industry Environment The medium to Long Term prospects for the Tile Industry are good given the rapid rate of urbanization and shortage of Housing Units. As the Economy continues to grow at 7% ,commercial and residential construction activity is bound to increase. Tile Industry fortu
Slide 4: Financials FY19 Q2/H1 vs FY18 Q2/H1
Financials FY19 Q2/H1 vs FY18 Q2/H1 In INR Mn FY19 Q2 FY18 Q2 FY19 Q2 vs FY19 H1 FY18 H1 FY19 H1 vs FY18 Q2 FY18 H1 Sales 1474 1504 -2.0% 2675 2768 -3.3% EBITDA 129 115 12.1% 197 217 -8.9% EBITDA Margin on Net sales 8.8% 7.7% 7.4% 7.8% PBT before Exceptional Items 68 59 15.7% 79 104 -23.5% Exception
Slide 5: Sales in Quantity and Value – FY19 Q2/H1 vs FY18 Q2/H1
Sales in Quantity and Value –FY19 Q2/H1 vs FY18 Q2/H1 Sales Quantity in Mn m2 Sales value in Mn ` 4
Slide 6: Ratios
Ratios Current Ratio EPS without Exception Income <1 §4 1.51 ~ -~~-~9~8~------~·~.0r:Jr------- 3 .55 2014-15 2015-16 2016-17 2017-18 2018-19 H1 =vt5 H1 FY16 H1 FY17 H1 FY18 H1 FY19 H1 Debt to Equity Ratio 977.5 0.5 5 lU14-1J :lUlJ-H.> :lUlG- 1 / :lUl/·Ul :lUl!l-1~ I l l 2014-15 2015- 16 2016-17 2017
Slide 7: OBL Focus Areas
OBL Focus Areas - FY 19 Improve revenue with a disproportionate Process Simplification & automation 6 1 focus on High value products Build Organizational Capability 5 OBL 2 Improve Profitability & Working Capital Management. 4 3 Build a performance oriented organization Build Brand Salience 6
Slide 8: Focus on High Value Products
Focus on High Value Products Increase in ASP Increase in Display foot print 400+ Designs launched during the quarter 7
Slide 9: Focus on High Value Products … contd
Focus on High Value Products … contd Launch of new range of GVT and Large size Slabs. 8
Slide 10: GVT line commissioned ahead of schedule at Sikandrabad factory
GVT line commissioned ahead of Schedule at Sikandrabad factory. In FY19 H1 we have invested `50 crores towards doubling GVT capacity in Sikandrabad plant ,the project started commercial production in Sept 18. 9
Slide 11: Profitability and Working Capital Management
Profitability and Working Capital Management * Cost being tracked are Plant Fixed Cost ,Employee Cost and Administrative cost ( not market facing costs) which led to saving of 9.1% in monthly costs. 10
Slide 12: Building Brand Salience
Building Brand Salience Engagement w ith Architects & Interior Designers • Industry interaction with Chief Sales Officer/Chief Marketing Officer & Events sponsored by OBL • OBL stall which allowed key architects to experience our products 11
Slide 13: Channel facilitation during the quarter
Channel facilitation during the quarter 12
Slide 14: Building Organisation Capability
Building Organisation Capability Aditya Gupta joined as Chief Executive Officer reporting into the MD. He is an Engineer MBA from IIT Bombay and IIM Bangalore with 27 years of multi- functional experience in industry leading companies. Throughout his career, he has been recognized & awarded for deli
Slide 15: Development of Schools for underprivileged children – Jaipur
Continued focus on Development of Schools for underprivileged children. --Jaipur In our continued Focus on development of under privileged children we are using our tiles to redevelop schools with our Education based tiles ---Jaipur is the fourth venture in this journey. 14
Slide 16: Extract of Balance Sheet
Extract of Balance Sheet as at In INR Mn Mar-16 Mar-17 Mar-18 Jun-18 Equity Share Capital 140 142 142 142 Reserves and Surplus 1549 1670 2076 2116 Net Worth 1689 1812 2218 2259 Borrowings 1227 1007 769 978 Other Liabilities 364 387 384 392 Subtotal 3280 3206 3370 3628 Property Plant and Equipment 20
Slide 17: Disclaimer
Disclaimer The information contained herein has been prepared to assist prospective investors in making their own evaluation of the Company and does not purport to be all-inclusive or to contain all of the information a prospective or existing investor may desire. This Information may include certai
Slide 18: Thank you
Thank you Company Confidentiat ‘i ee — — Oe (gotienthel Sa