Prism Johnson Limited · NSE:PRSMJOHNSN
Prism Johnson — Q1 FY22 Earnings Presentation
24 slides from Prism Johnson's earnings presentation, Jul 29, 2021
Slide 1: Investor Presentation For The Quarter Ended June 2021
I N V E S TO R P R E S E N TAT I O N For The Quarter Ended June 2021 July 29, 2021 AMONGST INDIA’S LEADING integrated BUILDING MATERIALS COMPANIES
Slide 2: Executive Summary: Q1 FY22 Financial Performance Snapshot
Executive Summary: Consolidated (Excluding RQBE) Q1 FY22 Financial Performance Snapshot www.prismjohnson.in Revenue Revenue Mix Prism 47.7% YoY revenue RMC growth in Q1 FY22, mainly 19.7% Prism Prism Cement constituted due to a favourable base; Cement 50.8% of Q1 FY22 Second wave of Covid-19 50.8% r
Slide 3: Executive Summary: Q1 FY22 Financial Performance Snapshot
Executive Summary: Consolidated (Excluding RQBE) Q1 FY22 Financial Performance Snapshot www.prismjohnson.in Working Capital Operating FCF Operating Free Cash Flow Increase in Working (FCF) (pre-capex and 29 Capital Days in line with 23 investments) was ₹ (289) 18 company expectations as mn in Q1 FY2
Slide 4: Executive Summary: Segment-Wise Business Update
Executive Summary: Segment-Wise Business Update www.prismjohnson.in Prism Cement Cement & clinker sales volume grew 10.6% YoY from 1.19 mn tons in Q1 FY21 to 1.32 mn tons in Q1 FY22; Share of premium cement increased to 28.1% in Q1 FY22 vs. 26.2% in Q1 FY21 HRJ Tiles sales volume (consolidated) grew
Slide 5: Executive Summary: Focus on Strengthening Balance Sheet & ESG Initiatives
Executive Summary: Focus on Strengthening Balance Sheet & ESG Initiatives www.prismjohnson.in Working Capital Management Working Capital Days declined from 29 days in Q1 FY21 to 23 days in Q1 FY22; Creditor Days normalized to 51 days in Q1 FY22 (from 63 days in FY21) in line with company expectation
Slide 6: Prism Cement: Prominent Cement Player in Central India
Prism Cement: Prominent Cement Player in Central India www.prismjohnson.in Prominent cement company in Central Superior product mix; Premium Products India with installed capacity of 5.6 mn tons Capacity (Champion Plus and Duratech) constituted Product per annum at Satna, Madhya Pradesh 28.1% of cem
Slide 7: Prism Cement: Cost Rationalisation Initiatives Contributed to EBITDA Per Ton Growth
Prism Cement: Cost Rationalisation Initiatives Contributed to EBITDA Per Ton Growth www.prismjohnson.in EBITDA per ton (₹) Cost per ton (₹) 1,156 3,506 1,116 3,483 3,482* 1,012 3,447* 918 3,437* 875 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY21 FY22 FY21 FY22 Cost per ton (₹) Q1 FY21 Q1 FY22 % YoY Cement & clinker s
Slide 8: Prism Cement: Moderate Volume Growth due to Covid-19 Surge during Q1 FY22
Prism Cement: Moderate Volume Growth due to Covid-19 Surge during Q1 FY22 www.prismjohnson.in Cement & Clinker Sales Volume (mn tons) Premium Products % 1.90 28.9% 28.1% 27.6% 27.5% 1.42 1.32 1.31 26.2% 1.19 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY21 FY22 FY21 FY22 Regional Sales Breakup Sales Breakup: Trade vs.
Slide 9: HRJ: Amongst the Leading Ceramics Companies in India
HRJ: Amongst the Leading Ceramics Companies in India www.prismjohnson.in Strong Brand with a Long Standing History Wide Distribution Network; Dealer of Tile Manufacturing in India; Network of over 1,000 Dealers; 19 Large Experience format Experience Centres displaying Distribution Operating Since 19
Slide 10: HRJ: Volume Growth in Q1 FY22 led by Favourable Base
HRJ: Volume Growth in Q1 FY22 led by Favourable Base www.prismjohnson.in Revenue (₹ mn) EBITDA (₹ mn) 772 765 6,142 5,423 524 4,895 90 3,527 1,865 Q2 Q3 Q4 (471) Q1 Q2 Q3 Q4 Q1 FY21 FY22 FY21 FY22 Tiles Sales Volume (mn m2) Tiles sales volume grew 78.4% YoY to 8.7 mn m2; Sales impacted on QoQ basis
Slide 11: HRJ: Wide Product Range with an Innovation Focus
HRJ: Wide Product Range with an Innovation Focus www.prismjohnson.in Innovations That Differentiate HRJ Germ-Free Product Range INVESTOR PRESENTATION For The Quarter Ended June 2021 11
Slide 12: HRJ: Operates Experience Centres Across India
HRJ: Operates 19 Experience Centres Across India www.prismjohnson.in Delhi Experience Centre INVESTOR PRESENTATION For The Quarter Ended June 2021 12
Slide 13: 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 Second largest player in the RMC sector Pan India National Accreditation Board for Testing Quality with pan India presence: Operates 95 Presence and Calibration Laborat
Slide 14: Prism RMC: Surge in Covid-19 Cases Impacted Revenues & Profitability in Q1 FY22
Prism RMC: Surge in Covid-19 Cases Impacted Revenues & Profitability in Q1 FY22 www.prismjohnson.in Revenue (₹ mn) EBITDA (₹ mn) 198 3,316 92 50 2,920 2,349 2,113 Q2 Q3 Q4 (88) 729 (500) Q1 Q2 Q3 Q4 Q1 FY21 FY22 FY21 FY22 Strong revenue growth on YoY basis from ₹ 729 mn in Q1 FY21 to ₹ 2,349 mn in Q
Slide 15: Raheja QBE General Insurance (RQBE)
Raheja QBE General Insurance (RQBE) www.prismjohnson.in 2 new products launched during Q1 FY22 namely Aarogya Sanjeevani Policy (Health) & Bharat Griha Raksha (Fire); 23 add-on products launched against motor products Added 186 partners during Q1 FY22 taking the count of total partners to 2,876 incl
Slide 16: Management Driving Several ESG & CSR Initiatives
Management Driving Several ESG & CSR Initiatives www.prismjohnson.in Continuous Efforts for Improved Sustainability Environment Employee Health & Safety Social Engagement Commissioned 0.7 MW of solar Over 50 vaccination camps Health – Provided free treatment & power at Satna in April 2021 taking org
Slide 17: Glimpse of some ESG / CSR Initiatives taken during Q1 FY22
Glimpse of some ESG / CSR Initiatives taken during Q1 FY22 www.prismjohnson.in Donated 20 Oxygen Concentrators 140 Oxygen Concentrators Installed MMS And Solar Panels Procured for Employees Distribution of Free Medicine Kits Organised Vaccination Camps INVESTOR PRESENTATION For The Quarter Ended Jun
Slide 18: Consolidated Financials Summary
Consolidated Financials Summary: www.prismjohnson.in YoY EBITDA Growth Led by Sustainable Cost Rationalization Initiatives Consolidated Revenue Ex RQBE (₹ mn) 17,735 11,934 8,276 8,078 5,484 6,058 6,142 3,527 3,316 2,349 1,865 729 Prism Cement HRJ Prism RMC Consolidated Q1 FY21 Q4 FY21 Q1 FY22 Conso
Slide 19: Consolidated (Ex RQBE) Financials Summary
Consolidated (Ex RQBE) Financials Summary www.prismjohnson.in Particulars (₹ mn) Q1 FY21 Q4 FY21 Q1 FY22 % QoQ % YoY Consolidated (Ex RQBE) ROCE 31.1% Revenue from 8,078 17,735 11,934 (32.7%) 47.7% Operations 14.0% EBITDA 353 2,634 1,526 (42.1%) 331.9% (3.2%) EBITDA Margin % 4.4% 14.9% 12.8% Depreci
Slide 20: Strong Balance Sheet
Strong Balance Sheet www.prismjohnson.in Consolidated Net Debt Ex RQBE (₹ mn) Debt Repayment Obligations (₹ mn) 20,877 5,587 19,527 5,218 19,081 18,642 18,562 10.0 00 13,168 12,343 6.4 8.0 5.4 1,795 00 4.4 6.0 1,221 3.0 3.1 4.0 574 00 1.8 369 1.6 2.0 00 2.1 1.9 1.9 1.7 1.6 0.0 0.9 1.0 0 -2.0 Origina
Slide 21: Standalone Financials Summary
Standalone Financials Summary www.prismjohnson.in Particulars (₹ mn) Q1 FY21 Q4 FY21 Q1 FY22 % QoQ % YoY Revenue from Operations* 7,648 16,890 11,169 (33.9%) 46.0% - Prism Cement 5,484 8,276 6,058 (26.8%) 10.5% - HRJ 1,469 5,395 2,810 (47.9%) 91.3% - Prism RMC 729 3,316 2,349 (29.2%) 222.2% - Inter
Slide 22: Market Information
Market Information www.prismjohnson.in Absolute Share Price Performance Share Price Performance vs. BSE Sensex 144.90 160 1,600 507 120 1,200 80 800 40 400 186 0 0 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Apr20 Jun20 Aug20 Oct20 Dec20 Feb21 Apr21 Jun21 Value Traded on NSE + BSE (INR mn) Prism Share Price
Slide 23: 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 24: Investor Relations 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