Shaily Engineering Plastics Limited · NSE:SHAILY
Shaily Engineering Plastics — Q1 FY2025 Earnings Presentation
20 slides from Shaily Engineering Plastics's earnings presentation, Jul 27, 2024
Slide 1: Q1FY25 Result Presentation intimation letter
SEPL/SE/July/24-25 27th July 2024 The General Manager, The Manager, Corporate Relations/Listing Listing Department Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, G Block, Floor 25, P.J. Towers, Bandra – Kurla Complex, Dalal Street, Bandra (E), Mumbai –
Slide 2: Shaily Engineering Plastics Ltd Investors Presentation July 2024
Shaily Engineering Plastics Ltd Investors Presentation July 2024
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Shaily Engineering Plastics Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe f
Slide 4: Key Performance Highlights
Key Performance Highlights
Slide 5: Business Updates for Q1 FY25
Business Updates for Q1 FY25 Automotive Home Furnishing Healthcare Customer New Business Confirmation New Business Confirmation New Business Confirmation Business awarded New business Contract signed for 2 new for 2 new FMCG confirmed for supply of pen injectors products under knobs for export devel
Slide 6: Key Financial Highlights – Q1 FY25 (Consolidated)
Key Financial Highlights – Q1 FY25 (Consolidated*) Revenues Gross Profit Margin EBITDA +14% +100 bps +31% 179.4 41.1% 42.1% 36.1 157.3 27.7 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 EBITDA Margins Profit After Tax Cash PAT# +250 bps +38% +33% 20.1% 17.4 27.6 17.6% 12.6 20.8 Q1FY24 Q1FY25 Q1FY24 Q1FY
Slide 7: Key Financial Highlights – Q1 FY25 (Standalone)
Key Financial Highlights – Q1 FY25 (Standalone) Revenues Gross Profit Margin EBITDA +11% -70 bps +18% 152.8 169.0 39.3% 38.6% 27.9 23.7 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 EBITDA Margins Profit After Tax Cash PAT# +100 bps +13% +15% 15.5% 16.5% 9.8 19.3 8.7 16.8 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1F
Slide 8: Operational Trends
Operational Trends -380 bps Revenue Analysis – Machine Utilization 43.1% Across Plants (%) 39.3% Domestic vs. Exports Q1 FY24 vs Q1 FY25 Q1FY24 Q1FY25 20.1% +1% 25.2% Volume of Polymers 5,822 5,902 Processed (MT) 74.8% 79.9% Q1FY24 Q1FY25 7
Slide 9: Profit & Loss Statement
Profit & Loss Statement Consolidated Standalone Particulars (Rs. Cr.) Q1 FY25 Q1 FY24 YoY % Q1 FY25 Q1 FY24 YoY % Revenue 179.4 157.3 14% 169.0 152.8 11% Raw Material 103.9 92.7 103.9 92.7 Employee Expenses 17.9 13.7 17.7 13.5 Other Expenses* 22.2 24.1 20.9 23.7 Other Income 0.7 0.9 1.4 0.9 EBITDA 3
Slide 10: Efficient Use of Capital
Efficient Use of Capital Revenue Breakup (Rs. Crs.) RoCE RoE Q1 FY24 14.4 Q1 FY25 +300 bps +230 bps 15.3% % 20.7% 15.6% 8.8% 10.7% 17.7% 13.3% 157 179 76.8% 74.0% Consumer Healthcare Industrial Mar-24 Jun-24 Mar-24 Jun-24 Fixed Asset Turnover OCF to EBITDA Total Debt / Equity 1.7 93.3% 0.6 0.5 1.5 7
Slide 11: About the Company
About the Company Enriching Lives Through Plastics Shaily Engineering Plastics Limited is India’s largest exporter of plastics components. Established in 1987, the Company provides end-to-end solutions in plastic products and services, whilst delivering superior quality and value to all stakeholders
Slide 12: Business Segments
Business Segments Consumer Industrial Healthcare ✓ Automotive Components ✓ LED Lights ✓ Platform Devices ✓ Home Furnishings ✓ Appliances ✓ Toys ✓ Drug Delivery Devices ✓ FMCG Packaging ✓ High Performance ✓ Carbon Steel Furniture ✓ Pharma Packaging Engineering Components 11
Slide 13: State-of-the-Art Manufacturing Facilities
State-of-the-Art Manufacturing Facilities 7 Facilities with over 200 molding machines ranging from 35 tons to 1,000 tons Rania ❖ Export Oriented Unit ❖ Pharma (Dedicated ISO Class 8 clean room manufacturing facility) ❖ Others Rania Halol GUJARAT Halol (Existing) ❖ Automotive & Engineering Halol (New
Slide 14: Board of Directors
Board of Directors Executive Chairman Whole Time Director Managing Director Mr. Mahendra Sanghvi Ms. Tilottama Sanghvi Mr. Amit Sanghvi Executive Director Independent Director Independent Director Mr. Laxman Sanghvi Mr. Milin Mehta Dr. Shailesh Ayyangar Independent Director Independent Director Inde
Slide 15: Strong Credit Rating
Strong Credit Rating* Long and established track record in the plastic injection LONG TERM BANK FACILITIES molding business along with experienced Promoters Rs. 283 Crs.; enhanced from Rs. 243.17 Crs. Growth in Total operating income on the back of CARE A; Outlook: Stable increased volumes & higher
Slide 16: Historical Profit & Loss Statement
Historical Profit & Loss Statement Consolidated Standalone Particulars (Rs. Cr.) FY24 FY23 YoY % FY24 FY23 YoY % Revenue 643.9 607.1 6% 616.0 599.7 3% Raw Material 370.1 386.5 370.1 386.5 Employee Expenses 57.3 47.9 55.9 47.2 Other Expenses* 99.5 80.8 95.2 79.4 Other Income 6.5 4.5 6.5 4.5 EBITDA 12
Slide 17: Historical Balance Sheet (On Consolidated Basis)
Historical Balance Sheet (On Consolidated Basis) Particulars Mar-24 Mar-23 Particulars Mar-24 Mar-23 Non-Current assets Equity Property, Plant and Equipments 435.4 347.9 Equity Share Capital 9.2 9.2 Capital Work in Process 15.3 49.0 Other Equity 450.0 392.2 Intangible assets 38.0 19.0 Total Equity 4
Slide 18: Historical Balance Sheet (On Standalone Basis)
Historical Balance Sheet (On Standalone Basis) Particulars Mar-24 Mar-23 Particulars Mar-24 Mar-23 Non-Current assets Equity Property, Plant and Equipments 434.9 348.6 Equity Share Capital 9.2 9.2 Capital Work in Process 15.3 49.0 Other Equity 422.3 386.5 Intangible assets 17.8 13.8 Total Equity 431
Slide 19: Cash Flow Statement
Cash Flow Statement Consolidated Standalone Particulars (Rs. Cr.) FY24 FY23 FY24 FY23 Profit Before Tax 69.8 45.2 48.7 40.1 Adjustments 58.2 51.4 56.2 50.4 Operating profit before working capital changes 128.0 96.6 104.8 90.5 Changes in working capital -27.0 -0.6 -21.6 0.2 Cash generated from operat
Slide 20: Contact
Contact Company : Investor Relations Advisors : Shaily Engineering Plastics Ltd. Strategic Growth Advisors Pvt. Ltd. CIN – L51900GJ1980PLC065554 CIN - U74140MH2010PTC204285 Mr. Sanjay Shah, Chief Strategy Officer Mr. Shogun Jain / Mr. Deven Dhruva sanjay@shaily.com shogun.jain@sgapl.net / deven.dhru
Shaily Engineering Plastics — Q1 FY2025 Earnings Presentation on 6ix