Sahyadri Industries Limited. · NSE:SAHYADRI
Sahyadri Industries — Q4 FY2024 Earnings Presentation
33 slides from Sahyadri Industries's earnings presentation, May 27, 2024
Slide 1: Regulation 30 disclosure letter to stock exchanges
(©) SAHYADRI SAHYADRI INDUSTRIES LIMITED Registered Office : N.Marg, Indian. Innovative. Iconic. Date: 27t May, 2024 To, To, The Listing Manager The Manager Department of Corporate Services Listing Department Bombay Stock Exchange National Stock Exchange of India Limited P. J. Towers, Dalal Street,
Slide 2: Sahyadri Industries Limited Investor Presentation May-2024
(© sAHYADRI Indian. Innovative. Iconic. Sahyadri Industries Limited Investor Presentation May-2024
Slide 3: Safe Harbour
\ Safe Harbour SAHYA (©) Indian. DRI Innovative. Iconic. This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sahyadri Industries Limited. (herein after read as “Sahyadri Industries”), have been prepared solely for information purposes and do not constitute
Slide 4: Q4 & FY24 Update
(©) SAHYADRI Indian. Innovative. Iconic. Q4 & FY24 Update
Slide 5: Management Commentary
\ Management Commentary SAHYADRI Indian. Innovative. Iconic. / \ [ Commenting on the results and performance for Q4 & FY24, Mr Satyen Patel, Managing | | irector of Sahyadri Industries Limited, said: | | | | “In Q4FY24, the company’s total income grew by 13.6%, Rs 154.8 crores, compared to Q3FY24. F
Slide 6: Financial Performance Highlights
\\ Financial Performance Highlights (©) SAHYADRI Indian. Innovative. Iconic. (Rsin Cr) Building Material Performance Total Income* EBITDA PAT 2 | Revenue I > 154.8 14.8 4.3 P +14%9 QoQ +8%9 QoQ +35%o QoQ 1339 152.0 Total Income* EBITDAA PAT u < Q3FY24 Q4FY24 E 638.4 70.6 26.4 +7 % YoY -16% YoY -29%
Slide 7: Profit & Loss Statement
\ Profit & Loss Statement sAHYAD ©) Indian. RI Innovative. Iconic. Particulars (Rs. QA4FY: Q3FY24 QoQ FY24 FY23 YoY Total Income 154.8 136.3 13.6% 638.4 597.2 6.9% Cost of Goods Solds 88.8 76.0 370.0 318.6 Gross Profit 66.0 60.3 9.4% 268.4 278.6 -3.7% Gross Profit Margin 42.6% 44.2% 42.0% 46.6% Empl
Slide 8: Balance Sheet
\ Balance Sheet SAHYADRI Indian. Innovative. Iconic. Non - Current Assets 249.6 235.8 Total Equity 360.0 335.3 Property Plant& Equipments 175.7 163.8 Share Capital 11.0 11.0 CWIP 42.4 36.0 Reserves & Surplus 349.1 3244 Intangible assets 0.6 0.8 Right of use asset 4.8 4.9 Non-Current Liabilities 40.2
Slide 9: Cash Flow Statement
\ Cash Flow Statement SAHYADRI Indian. Innovative. Iconic. Net Profit Before Tax 353 51.6 Adjustments for: Non -Cash Items / Other Investment or Financial Items 35.2 324 Operating profit before working capital changes 70.5 84.0 Changes in working capital -1.8 -49.3 Cash generated from Operations 68.
Slide 10: Capex Update
\\ Capex Update (©) sAHYADRI Indian. Innovative. Iconic. Product Type Asbestos Corrugated Sheet Non-Asbestos Cement Boards Capacity (MTPA) 1,20,000 72,000 CAPEX (Rs in Cr) 95 95 Source of Fund Internal Accruals & Debt Internal Accruals & Debt Products Catering to East Market Western & North India OF
Slide 11: Company Overview
(©) SAHYADRI Indian. Innovative. Iconic. Company Overview
Slide 12: A Niche Player in the Construction Industry
\\ A Niche Player in the Construction Industry (©) sAHYADRIL Indian. Innovative. Iconic. L3 o ) W ™ B G Product Making [ Rich Legacy / Distribution [ Geographic [ Certification — ’ / ’ Portfolio Difference Network Reach * Sahyadri's product Sahyadri Industries is a + A flagship company of * The Comp
Slide 13: A Trusted Brand... built over the years
\\ A Trusted Brand... built over the years (©) SAHYADRI Indian. Innovative. Iconic. Established second plant at Kedgaon, The Company expanded its presence in Commenced with the production of Non-Asbestos Maharashtra and started with production South India by setting up a plant in Flat Sheet at Chich
Slide 14: Experienced Board of Directors and Management Team
\ Experienced Board of Directors and Management Team (©) SAHYADRI Indian. Innovative. Iconic. | B - s Satyen Patel- Bcom, PGPBA, Jayesh Patel — B.Com, MBA Tuljaram Maheshwari -B.Com, CA Suresh Joshi — B.Com, LLB, CA Ankem Sri Prasad Mohan - PGPMAX Chairman & Whole Time WTD, CEO & CFO Whole Time Dire
Slide 15: Snapshot of Capabilities
\\ Snapshot of Capabilities SAHYADRI Indian. Innovative. Iconic. = ot Diversified Presence Experience Employees ‘ Z ’ Built Core Strength 5 Plants across4 States 30+ Years 740+ Dealers & Distributor Global Presence Customers \E&m , Strong Distribution 3,000+ 5+ Countries 1 million+ ® CcO PRO CEMPLY
Slide 16: Well Established Branded Product Portfolio
Well Established Branded Product Portfolio with @s,cu-n(,c\pmw [\\ Increasing Share of Value-Added Products e e e Cool Comfortable Termite Resistant NEE PR S S O > Living G@LD - ® t.‘ e ETE i BOARDS e CEMENT Fits any Edge, Light Weight / Corner CEMPLY FLAT SHEET i - i a ® -= ¥V 4 Asbestos Free Stron
Slide 17: CSR activities... A Responsible Corporate
\\ CSR activities... A Responsible Corporate SAHYADRI Indian. Innovative. Iconic. Swastik Kukdookoo Useful for economically weaker section of the society to increase their wealth Cemply Swachalay To promote woman earnings who stays in remote, tribal villages Initiative under Swachh Bharat Abhiyan Ea
Slide 18: Product Portfolio
(©) SAHYADRI Indian. Innovative. Iconic. Product Portfolio
Slide 19: Product Portfolio — EcoPro Cement Boards
\ Product Portfolio — EcoPro Cement Boards SAHYADRI Indian. Innovative. Iconic. With the extensive EcoPro is highly Suitable for host of EcoPro has emerged EcoPro offers benefits research and hard work, durable and architectural and interior | as a reliable of multipurpose and Sahyadri has introduce
Slide 20: Product Portfolio — Cemply Flat Sheet
\\ Product Portfolio — Cemply Flat Sheet (© sAHYADRI Indian. Innovative. Iconic. Cemply flat sheets are suitable for application areas like furniture, side panelling, false ceilings 58 X ) 9 Cemply flat sheets are available in multiple sizes and with various forms of thickness Cemply 18 is a very po
Slide 21: Product Portfolio — Swastik Roof Sheets
\ Product Portfolio — Swastik Roof Sheets gfi,Af'Y‘f\?R' More than 100 roofing accessories are The roofs are durable, non-corrosive, fire available in a variety of shades and resistant and are more reliable in cyclone specifications to meet the needs of prone areas customers at affordable rates The c
Slide 22: Product Portfolio — EcoPro S3
\ Product Portfolio — EcoPro S3 SAHYADRI Indian. Innovative. Iconic. 01 11 1 ! needs L prm———— Ecopro S3 is a speedy, innovative and a sustainable building solution to enable cost-effective quality construction pmm————— Being a dry construction, no plastering or curing is required, hence amounting t
Slide 23: Product Portfolio — Swastik Sil Gold (New Launched)
\\ Product Portfolio — Swastik Sil Gold (New Launched) (© SAHYADRI Indian. Innovative. Iconic. First in the industry to offer Coloured Designer Corrugated Roofing Sheets Manufactured using finest quality cement and fibre Resistant to through the latest fibre chemical mesh technology attack Stronger
Slide 24: Future Roadmap — Expand, Explore & Excel
i \\ Future Roadmap — Expand, Explore & Excel (© SAHYADRI Exploring Improve Capital New Market Operational Expenditure Efficiencies Increase Market Value Added Accelerate Revenue Penetration Products Growth 23
Slide 25: Way Ahead...
\ Way Ahead... SAHYADRI Indian. Innovative. Iconic. Sahyadriaims to increase the share of Value-Added products (VAP) in its overall product mix to achieve higher margins at a portfolio level Presently, the Company has ~15% of VAP and it is expected to increase to 25% by FY25 The Company will explore
Slide 26: Financial Performance
(©) SAHYADRI Indian. Innovative. Iconic. Financial Performance 25
Slide 27: Performance Highlights
\\ Performance Highlights (© SAHYADRI Indian. Innovative. Iconic. I_ Total Income* (Rs in Cr) 1 I_ EBITDA (Rs in Cr) 1 I_ PAT (Rs in Cr) j 638.4 597.2 104.0 546.3 47756 1 I I l I I FY20 FY2l FY22 FY23 Fy24 FY20 FY21 P22 FY23 FY20 FY22 FY23 Fv24 I EBITDA (%) I I PAT (%) I 20.8% ] 13.2% 16.8% oo% 11.3
Slide 28: Balance Sheet Highlights
\\ Balance Sheet Highlights (©) SAHYADRI Indian. Innovative. Iconic. Cash Flow From Operation I | Net Worth (Rs in Cr) I | Gross Block (Rs in Cr) I (Rs in Cr) 3353 360.0 304.1 2483 185.0 I Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 | Retu
Slide 29: Historical Profit & Loss Statement
\ Historical Profit & Loss Statement @SAHYADR' Indian. Innovative. Iconic. Total Income* 638.4 597.2 546.3 477.6 285.8 Cost of Goods Sold 370.0 318.6 276.7 240.0 147.6 Gross Profit 268.4 278.6 269.7 237.6 138.2 Gross Profit Margin 42.0% 46.6% 49.4% 49.8% 48.4% Employee Cost 40.7 37.7 334 30.9 22.6 O
Slide 30: Historical Balance Sheet
\ Historical Balance Sheet sAHYAD ©) Indian. RI Innovative. Iconic. Mssets®e.C) M2t MarB Mar22 Mar2l Mar20 Equty@Usbitis(Rs.C) Mar2d Mar2d Mar22 Mar2l Mar20 Non - Current Assets 249.6 235.8 199.4 150.2 145.8 Total Equity 360.0 3353 304.1 248.3 185.0 Property Plant & Equipments 175.7 163.8 123.0 122.
Slide 31: Historical Cash Flow Statement
\ Historical Cash Flow Statement (©) SAHYADRI Indian. Innovative. Iconic. Net Profit Before Tax 35.3 51.6 84.6 80.4 283 Adjustments for: Non -Cash Items / Other Investment or Financial ltems 35.2 324 19.2 16.3 18.9 Operating profit before working capital changes 70.5 84.0 103.8 96.7 471 Changes in w
Slide 32: Dividend History
\\ Dividend History (© sAHYADRI Indian. Innovative. Iconic. Rs.) FY24 FY23 FY22 FY21 FY20 Earnings Per Share 241 339 56.5 57.6 27.8 Interim Dividend Per Share - 2.5 3 1.5 2.5 Final Dividend Per Share 1 15 3 35 - Total Dividend Per Share 1 4 6 5 2.5 EPS (in Rs.) DPS (in Rs.) 57.6 56.5 5.0 339 27.8 .
Slide 33: Company and Investor Relations Advisors contact
Company : Investor Relations Advisors : SG A Strategic Growth Advisors SAHYADRI. Indian. Innovative. Iconic. CIN No: L26956PN1994PLC078941 CIN - U74140MH2010PTC204285 Mr. Rajib Gope Mr. Aakash Mehta/ Mr. Mandar Chavan Email: cs@silworld.in aakash.s.m@sgapl.net / mandar.chavan@sgapl.net +91 98706 792
Sahyadri Industries — Q4 FY2024 Earnings Presentation on 6ix