Slide 1: Pidilite Industries Ltd. Q1 FY18 Earnings Presentation
Pidilite Industries Ltd. Q1 FY18 Earnings Presentation
Slide 2: Disclaimer
Disclaimer This presentation may contain statements which reflect the management’s current views and estimates and could be construed as forward looking statements. The future involves certain risks and uncertainties that could cause actual results to differ materially from the current views being e
Slide 3: Q1 FY18 Financial Highlights
Q1 FY18 Financial Highlights
Slide 4: Q1 FY18 Earnings Summary
Q1 FY18 Earnings Summary Gross Revenue* EBITDA** PBT PAT Standalone Rs 1486 Cr Rs 306 Cr Rs 317 Cr Rs 217 Cr YoY Growth - 0.2% - 20.8% - 17.8% - 20.3% Consolidated Rs 1669 Cr Rs 321 Cr Rs 330 Cr Rs 227 Cr YoY Growth - 1.3% -18.6% -15.4% -16.8% * Gross Revenue includes other operating income Figures
Slide 5: Comments on Financial Performance
Comments on Financial Performance Standalone • Gross Revenue declined by 0.2% in Q1. • Material cost, as a % to sale, is higher by 164 bps due to strengthening of raw material costs. • EBITDA, before non-operating income, at Rs 306 Cr declined by 20.8% mainly on account of lower sales, increase in m
Slide 6: Q1 FY18 Overseas Performance
Q1 FY18 Overseas Performance 76.1 (in INR Crores) 80 Sales 60 47.6 40 26.6 21.9 19.9 23.8 19.7 18.2 20 11.2 10.6 5.3 5.5 3.9 6.9 2.0 2.2 0 North South Bangaldesh Srilanka Thailand Egypt UAE Others America America Q1, FY 2016-17 Q1, FY 2017-18 8 7.0 6.2 6 5.3 5.4 4 2.2 2 1.5 0.2 0.0 0.4 0.1 0.1 0.4 -
Slide 7: Company Overview
Oo Pidilite Company Overview FEVICOL Fevikcwil® Fevicryl’ Rangeela THE ULTIMATE ADHESIVE 6 steelorip|® MOY Roff'h SHINE + PROTECTION 4] WATERPROOFING EXPERT FOR CARS & BIKES TILE FIXING SOLUTIONS
Slide 8: Company Overview
Company Overview Brand established in 1959. 8 Regional offices with 23 plants and Pioneer in Consumer and 24 co-makers in India Specialty Chemicals Adhesives & sealants, International manufacturing facilities construction chemicals, art & in Thailand, Dubai, Brazil, US, Egypt craft products and poly
Slide 9: Industry Segment Composition as on March 2017
Industry Segment Composition as on March 2017 Industrial Pigments & Resins & Others, Preparations, 5% 5% Industrial Others, 1% Adhesives, 5% Construction/P aint Chem, 19% Adhesives & Art & Craft Sealants, 55% materials and Others, 10% Numbers represent Percentage of Total Net Revenue 9
Slide 10: 5-Year Performance by Business Segments
5-Year Performance by Business Segments Numbers represent Percentage of Total Net Revenue Consumer and Bazaar Products Industrial Products 85% 20% 84% 19% 19% 84% 19% 83% 18% 83% 18% 82% 17% 82% 17% 81% 81% 16% 81% 16% 80% 15% 79% 14% 2012-13 2013-14 2014-15 2015-16 2016-17 2012-13 2013-14 2014-15 2
Slide 11: Domestic Presence – India operations
Domestic Presence – India operations • 5200+ SKUs of 500 products • 7000 distributors • Gross Turnover (domestic) of Rs. • 30 warehouses 5,720 Cr for FY17 • 8 regional offices • 23 plants, 24 Co-makers Pidilite Industries Limited 11
Slide 12: Global Presence
Global Presence • Exports to more than 80 countries. Major exports to Middle East, Africa, USA & Europe. • Export Turnover of Rs. 484 Cr in FY17. • 17 Overseas subsidiaries – 5 Direct and 12 Step down and 1 Joint Venture. • Total revenue from Overseas subsidiaries of Rs. 599 Cr in FY17. • Internatio
Slide 13: Marketing/ Advertising
Marketing/ Advertising • Consistent and effective brand building activities across various categories (a) Consumer Adhesives & Sealants (b) Craftsmen Adhesives (c) Waterproofing Chemicals (d) Hobby & Craft Colours • Several of the brands are well-known in respective categories (Fevicol, Fevikwik, M-
Slide 14: Shareholding Pattern as of June 30, 2017
Shareholding Pattern as of June 30, 2017 15.35% Promoters Mutual Funds FPIs 11.82% Others 3.22% 69.61% Pidilite Industries Limited 14
Slide 15: Share Price Movement
Share Price Movement Pidilite Sensex 120 115 110 105 100 95 90 85 80 75 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Rebased to 100 Pidilite Industries Limited 15
Slide 16: Backed by consistent dividend payouts
Backed by consistent dividend payouts 50% 40% 34.3% 34.1% 34.4% 33.1% 33.8% 30% 20% 10% 0% FY13 FY14 FY15 FY16 FY17 Note : The company transitioned into IND AS from 01.04.2015 Pidilite Industries Limited 16
Slide 17: Investor Contacts
Investor Contacts Investor Relations - investor.relations@pidilite.co.in Savithri Parekh, Company Secretary Ramkrishna Mandir Road, Off Mathuradas Vasanji Road, Andheri (E), Mumbai - 400 059. Phone : +91 22 67697000 CIN : L24100MH1969PLC014336 Fax : +91 22 28216007