S H Kelkar And Company Ltd · NSE:SHK
S H Kelkar And — Q3 FY2021 Earnings Presentation
17 slides from S H Kelkar And's earnings presentation, Feb 10, 2021
Slide 1: Exchange submission cover letter
Keva February 10, 2021 To To The Manager The Manager The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P. J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai — 400 001 Bandra (East), Mumbai — 400 051 Scrip Cod
Slide 2: Q3 & 9M FY21 Earnings Presentation
S H KELKAR AND COMPANY LIMITED Q3 & 9M FY21 Earnings Presentation February 10, 2021
Slide 3: Disclaimer
Disclaimer Certain statements and opinions with respect to the anticipated future performance of SH Kelkar (SHK) in the presentation (“forward-looking statements”), which reflect various assumptions concerning the strategies, objectives and anticipated results may or may not prove to be correct. Suc
Slide 4: Q3 & 9M FY21 Results Overview
Q3 & 9M FY21 Results Overview 3
Slide 5: Management Comment
Management Comment Commenting on the performance, Mr. Kedar Vaze, Whole Time Director & CEO at SH Kelkar and Company Ltd. said: “We are pleased to have delivered a healthy performance during the quarter driven by sustained uptick in demand across the domestic and international markets. In addition,
Slide 6: Consolidated Summarized P&L Statement
Consolidated Summarized P&L Statement Y-o-Y Y-o-Y Particulars (Rs. crore) Q3 FY21 Q3 FY20 9M FY21 9M FY20 Change (%) Change (%) Revenue from Operations 375.4 287.6 30.5% 918.6 835.3 10.0% Sales 353.0 287.6 22.7% 884.0 835.3 5.8% Sales - Contract Manufacturing 22.4 - - 34.6 - - Other Operating Income
Slide 7: Q3FY2021 Financial and Operational Discussions (Y-o-Y)
Q3FY2021 Financial and Operational Discussions (Y-o-Y) Revenues from operations stood at Rs. 375.4 crore as against Rs. 287.6 crore The Company witnessed normalization in demand and enquiries in domestic and international markets during Q3 FY 2020-21 with steady engagements across the mid & large
Slide 8: Fragrance Division
Fragrance Division The Company saw normalisation in demand and improved business wins in the Fragrance division, which resulted in a healthy volume Q3 Q3 Y-o-Y 9M 9M Y-o-Y offtake in the domestic market Particulars (Rs. crore) New wins from existing and large and mid- FY21 FY20 (%) FY21 FY20 (%)
Slide 9: Flavour Division
Flavour Division Continued traction with existing and new Q3 Q3 Y-o-Y 9M 9M Y-o-Y customers in the domestic and international Particulars (Rs. crore) FY21 FY20 (%) FY21 FY20 (%) markets resulted in improved performance Revenues from Operations 33.4 28.1 18.9% 78.8 77.3 1.9% Healthy product mix r
Slide 10: CFF Performance
CFF Performance On July 28, 2020, SHK concluded the full acquisition of Creative Flavours and Fragrances SpA (CFF) and accordingly, Q3 CFF – Abridged P&L Statement FY21 is the first full quarter of consolidation Quarter ending Dec of CFF in SHK’s performance. Particulars as a % of Sales 31, 2020
Slide 11: Balance Sheet Snapshot – As on December 31, 2020
Balance Sheet Snapshot – As on December 31, 2020 918 825 69 492 Networth Fixed Assets Cash & Net Debt* Investments Note: 1) *The Company’s net debt position includes consolidation of CFF debt and payment of the second and final tranche of the CFF acquisition of ~Rs. 141 crore 2) All Figures in Rs. c
Slide 12: Cash Flow Snapshot
Cash Flow Snapshot Particulars (Rs. crore) FY16 FY17 FY18 FY19 FY20 9MFY21 Cash flow from Operations 86 102 103 77 205 56 Cash flow from investing activities -22 -96 -221 -137 -40 -28 Net 64 6 -117 -60 165 28 Note: Cashand Note: Cash and cash cash equivalent equivalent includes includes investments
Slide 13: Key Financial Ratios
Key Financial Ratios Particulars (Rs. crore) FY16 FY17 FY18 FY19 FY20 9MFY21 EBITDA margin (%) 17.1 17.9 18.0 14.9 14.9 19.6 PAT Margin (%) 7.8 10.6 8.8 8.2 6.4 11.0 Debt to Equity 0.1 0.1 0.2 0.4 0.4 0.6 Return on Networth (%) 13.9 14.3 13.8 12.0 10.0 17.6 Return on Capital Employed (%) 21.0 22.7 2
Slide 14: Annexure
Annexure 13
Slide 15: Conference Call Details
Conference Call Details S H Kelkar and Company – Q3 & 9M FY21 Earnings Conference Call Time • 02.00 PM IST on Thursday, February 11, 2021 Primary dial-in number • +91 22 6280 1141 • +91 22 7115 8042 India Local access Number • +91 70456 71221 (Available all over India) • Hong Kong: 800 964 448 Inter
Slide 16: About Us
About Us S H Kelkar and Company Limited (SHK) is the largest Indian-origin Fragrance & Flavour For further information please contact: Company in India. It has a long standing reputation in the fragrance industry developed in 98 years of experience. Its fragrance products and ingredients are used as
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