Lucky Cement Ltd. · PSX:LUCK
Lucky Cement — H1 2022 Earnings Presentation
15 slides from Lucky Cement's earnings presentation, Jan 31, 2022
Slide 1: Analyst Briefing HY 2021-22
Analyst Briefing HY 2021 - 22 31st January 2022 lucky-cement.com
Slide 2: Lucky's Spectrum of Diversity
Lucky’s Spectrum of Diversity Construction Automobiles Power Chemicals Electronics 1
Slide 3: Key Messages
Key Messages Volatile coal prices and Seasonality and increased LEPCL to start commercial freight costs impacted inflation impacted local sales operations from Feb’22 exports ICI turnover grew by 53% on Peugeot 2008 launched in LMC has started producing back of new products and Jan’2022 Samsung phon
Slide 4: Key Figures
Key Figures Consolidated: HY 2022 REVENUE EBITDA PAT EPS (Rs) 123.4 40.66 95.8 21.8 32.05 17.2 29% 29% 16.9 38% 27% 12.4 HY-22 HY-21 HY-22 HY-21 HY-22 HY-21 HY-22 HY-21 Stand Alone: HY 2022 REVENUE EBITDA PAT EPS (Rs) 37.5 17.86 8.5 5.8 14.04 30.1 4.5 25% 13% 27% 27% 7.5 HY-22 HY-21 HY-22 HY-21 HY-2
Slide 5: Consolidated Net Revenue
Consolidated Net Revenue HY - 22 HY - 21 %∆ 123.4 95.8 ↑29% Cement Chemicals Automobiles 37.5 46.6 39.6 35.5 30.1 25% 53% 12% 30.4 HY-22 HY-21 HY-22 HY-21 HY-22 HY-21 4 All numbers in PKR billion except EPS
Slide 6: Consolidated Operating Profit
Consolidated Operating Profit HY - 22 HY - 21 %∆ 16.8 12.5 ↑34% Cement Chemicals Automobiles 6.8 6.2 3.9 3.6 5.3 17% 90% 10% 3.6 HY-22 HY-21 HY-22 HY-21 HY-22 HY-21 5 All numbers in PKR billion except EPS
Slide 7: Cement Operations HY-22
Cement Operations HY - 22 lucky-cement.com
Slide 8: Market Share Sales - Million Tons
Utilization Levels Market Share & Sales Cement Market Share Karachi Pezu HY-22 HY-21 80% 83% 31.4% 31.6% 73% 69% 72% 28.8% 26.6% 79% 77% 70% 70% 66% 12.4% 12.8% Q2-22 Q1-22 Q4-21 Q3-21 Q2-21 North South Export Clinker Sales - Million Tons Karachi Pezu HY-22 HY-21 95% 91% 83% 85% 2.51 2.60 83% 78% 78
Slide 9: HY-22 vs HY-21 – PAT Waterfall
HY-22 vs HY-21 – PAT Waterfall Sales Volume: Local ↓0.03Mt; Export ↓0.26Mt Fixed Cost: Impact of depreciation of Gensets Retention Prices – Local: ↑PKR 2,000 - 2,500/t Admin & Selling: Lower S&D expenses due to decline in exports Retention Prices – Export: ↑PKR 500 – 600/t Interest Incom
Slide 10: Foreign Operations HY-22
Foreign Operations HY - 22 lucky-cement.com
Slide 11: Rising Overseas Returns
Rising Overseas Returns A 50:50 JV with Al Shumookh A 50:50 JV with Al Shumookh Construction A 50:50 JV with Rawsons Investments Joint Venture Construction Materials Trading, a local Materials Trading, a local partner Limited, a local partner partner Al Mabrooka Cement Manufacturing Nyumba Ya Akiba,
Slide 12: Outlook
Outlook Economy will continue to show resilience against the adverse impacts of Covid-19 Cement Chemical Automobile • Global inflation in commodities and • ICI Pakistan is expected to witness a • Higher prices of cars from FED and local currency devaluation has stable to strong demand sales tax, alo
Slide 13: Q&A
Q&A 12
Slide 14: Lucky Cement Limited Holding Company
Lucky Cement Limited Holding Company Lucky Electric Power Lucky Motors Lucky Holdings LCL Investment Yunus Energy ICI Pakistan Limited Company Corporation Limited Holdings Limited Limited 55% 100% 71.14% 75% 100% 20% ICI Pakistan NutriCo Morinaga NutriCo Pakistan LuckyRawji Holdings Lucky Al Shumook
Slide 15: Disclaimer
Disclaimer This presentation has been prepared by Lucky Cement Limited solely for information purposes. No representation or warranty express or implied is made thereto, and no reliance should be placed on, the fairness, accuracy, sufficiency, completeness or correctness of the information or any op