Jyoti Resins & Adhesives Ltd. · BSE:JYOTIRES
Jyoti Resins & Adhesives — Q4 FY2022 Earnings Presentation
34 slides from Jyoti Resins & Adhesives's earnings presentation, May 18, 2022
Slide 1: Q4 FY 21-22 Investor Presentation submission letter to BSE
| EURO | fa. JYOTI RESINS & 7000 q WJ ADHESIVES LTD. SYNTHETIC WOOD ADHESIVE Regd. Office : Survey No. 873, Village : Santej, Tal.: Kalol, Dist.: Gandhinagar. Pin : 382721 Phone : (02764) 286327, (M) : 94273 58400 Administrative Office : 1104-1112, ELITE, Nr. Shapath Hexa Opp. Kargil Petrol Pump, Nr
Slide 2: Jyoti Resins and Adhesives Ltd Q4 & FY22 Investor Presentation
Jyoti Resins and Q4 & FY22 Adhesives Ltd Investor Presentation Investor Presentation 1
Slide 3: Safe Harbour Statement
Safe Harbour Statement This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any securities of Jyoti Resins and Adhesives Ltd.(“Euro7000” or "Company“), nor shall part, or all, of this document form the basis of, or be relied
Slide 4: Core Topics
CORE TOPICS Performance highlights Quarter Performance snapshot | Business Model Financial highlights 01 04 Business Model | Our competitive Annual Performance snapshot | edge Financial highlights Product Portfolio, New Products, Way forward Events Way forward 02 05 Diversified product portfolio | N
Slide 5: Q4FY22 Performance Highlights
Q4FY22 Performance Highlights 4 Investor Presentation
Slide 6: Performance Snapshot
Performance Snapshot In FY2022 the company has delivered exemplary growth on all fronts. Revenue, EBITDA and PAT are up ¬80%, 128% and 90.5% respectively 60% +575 bps 1:3 9% Price increase taken in Jan 2022 helped reduce impact of raw Growth in EBITDA Bonus material price increase. Further price inc
Slide 7: Quarterly Financial highlights
Quarterly Financial highlights Q4FY22 Q3FY22 Q4FY21 YoY% FY22 FY21 YoY% Net Sales 574.6 488.6 359.0 60.0 1,819.6 1,012.9 79.6 Expenditure 499.0 422.5 332.4 50.1 1,581.9 908.6 74.1 EBITDA 75.6 66.1 26.6 184.5 237.6 104.4 127.6 EBITDA Margin (%) 13.16 13.52 7.40 +575.5 bps 13.06 10.30 +275.5 bps Other
Slide 8: Annual Performance Highlights
Annual Performance Highlights 7 Investor Presentation
Slide 9: Annual Performance Snapshot
+31% Second Largest brand in India Debt Free Dividend Return on Equity Clear lead as 2nd largest Wood Continues to be Net Debt 75% Dividend Per Share +41% Adhesive brand in India (retail negative since FY18 declared in FY22 Return on Capital Employed segment) Shareholders Funds Consistent growth Rev
Slide 10: Annual Income Statement
Annual Income Statement (Rs mn) 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 80% Net Sales 266.0 470.9 582.0 686.9 735.4 1012.9 1,819.6 Growth in Expenditure 257.0 458.5 569.1 658.3 618.9 908.6 1,581.9 Revenue EBITDA 9.0 12.4 12.9 28.6 116.5 104.4 237.6 EBITDA Margin (%) 3.4% 2.6% 2.2% 4.
Slide 11: Financial highlights (1/3)
Financial highlights (1/3) Revenues (Rs mn) EBITDA (Rs mn) & EBITDA Margins (%) 2000 250 18.0% 1819.6 15.80% 1800 225 16.0% 1600 200 13.06% 14.0% 1400 175 12.0% 1200 150 (Rs mn) (Rs mn) 1012.9 10.0% 1000 125 10.30% 8.0% 800 686.9 735.4 100 582 6.0% 600 470.9 75 4.20% 3.40% 4.0% 400 266 50 2.60% 2.20
Slide 12: Financial highlights (3/3)
Financial highlights (3/3) Net Profit (Rs mn) & PAT Margin (%) (excl exceptional Earnings per share (Rs) (Reported) 60 225 14.0% 12.81% 200 49.41 12.0% 50 10.86% 175 10.0% 40 150 10.24% (Rs mn) 125 8.0% 30.41 (Rs mn) 30 100 6.0% 20.25 75 20 3.30% 4.0% 50 10 2.0% 5.5 25 0.80% 0.50% 0.80% 0.5 0.5 1.1
Slide 13: Dividend History
Dividend History FY2020-21 FY2021-22 DIVIDEND PER SHARE (RS) DIVIDEND PER SHARE (RS) 3.0 7.5 Dividend Dividend Payout Payout 10% 15% 12 Investor Presentation
Slide 14: Way Forward
Way Forward 13 Investor Presentation
Slide 15: Way forward
Way forward ENHANCE PRODUCTION CAPACITY FURTHER Owing to sharp demand and growth in our market share, we have undertaken the process to increase our production capacity further from 1500 TPM to 2000 TPM. Company is also planning to setup a warehouse for enhancing storage of raw materials and 01 fini
Slide 16: Company background
Company background 15 Investor Presentation
Slide 17: About Us
About Us The company launched its brand “Euro 7000” in 2006, and is now the second largest (No 2) selling wood adhesive (white glue) brand in India in the retail segment. • JYOTI RESINS AND ADHESIVES LTD is a manufacturer of synthetic resin adhesives. The Company Vision & Mission manufactures variou
Slide 18: Our Journey
Our Journey 2005 – Mr Utkarsh Patel, ED joins the Established in 1994 by business after completing Chemical 2007 company expand 2012 2018-2019 Company Chairman and first Engineering; and Masters courses in capacity to 250 TPM and Company forays into presence grows to 12 generation entrepreneur Marke
Slide 19: Our Network today
Our Network today 13 300 STATES SALES FORCE 28 10,000 BRANCHES ACTIVE RETAILERS 50 300,000 DISTRIBUT- CARPEN- ORS TERS 18 Investor Presentation
Slide 20: Manufacturing & Operations
Manufacturing & Operations Manufacturing Plant Administrative Offices Our manufacturing plant at Santej, Ahmedabad, Gujarat is Our corporate office is at Ahmedabad, Gujarat. We also have currently at 1500 TPM manufacturing facility and is being a Administrative Office in Mumbai. Other than this we h
Slide 21: Our strength & commitment
Our strength & commitment 13 50 28 STATES DISTRIBUT- BRANCHES ORS Best Customer Strong Technical High Standard Raw Service Support Material High Quality Quick Delivery Strong Warehousing Machines Facilities 300 10,000 300,000 SALES ACTIVE CARPEN- FORCE RETAILERS TERS 20 Investor Presentation
Slide 22: Management Team
Jagdish N Patel Management Utkarsh J Patel Chairman and Managing Director Executive Director Mr Jagdish N Patel is the first generation entrepreneur and Team In 2005, Mr. Utkarsh Patel, Executive Director, joined the started this company in 1994 eyeing the huge opportunity he business, after complet
Slide 23: Business Model & Our Edge
Business Model & Our Edge 22 Investor Presentation
Slide 24: Business Model
Business Model • The company imports raw materials from several countries. The raw materials are then processed and white glue is manufactured in their plant at Santej. The finished product is then packaged into different 01 sizes starting from 500 gm upto 60 kgs. The products are then sold through
Slide 25: Our competitive edge
Our competitive edge Low cost - Overall manpower costs is limited to 15-16% of revenues - Selling and Distribution expenses maintained under 12% manufacturing; - Asset turnover is at 8x Asset light - Amongst the highest EBITDA per tonne vis-à-vis peers - Working capital efficient hence No Debt and O
Slide 26: Product Portfolio
Product Portfolio 25 Investor Presentation
Slide 27: Diversified Product Portfolio
Diversified Product Portfolio Water proof, Waterproof, Anti termite Anti termite, Anti termite, applications Heat & fungal resistant Cold & Hot press applications Fast drying (2-3 hours) Waterproof, For PVC and Acrylic sheet Waterproof, Waterproof, Anti termite, Anti termite, bonding to wood; pre ed
Slide 28: New Product Launches (last 6 months)
New Product Launches (last 6 months) Extreme 3 Hi-Strong EURO EWR EWR D2+ THREE BENEFITS IN ONE COLD PRESS EXPERT HOT PRESS EXPERT • Fast Drying Adhesive with 2-3 hours • Suitable for cold press • Suitable for Hot & Cold Press handling strength • Economy grade with extra strength • D2+ Formula • Wat
Slide 29: Applications
Applications USAGE OF OUR PRODUCT PAKKA JOD, HAMESHA 28 Investor Presentation
Slide 30: Events
Events Dealers meet – Ahmedabad - 2020 Contractor Meet – Mumbai - 2020 Contractor Meet – Nagpur - 2020 Contractor meet – Ahmd, Rajkot, Baroda - ACETECH Exhibition – 2019 – Sponsoring festivals and events 2020 Mumbai 29 Investor Presentation
Slide 31: Connecting users & dealers digitally
Connecting users & dealers digitally Scan barcode & collect Loyalty Points Like, Share & Follow our facebook page 30 Investor Presentation
Slide 32: Shareholding & Price Performance
Shareholding & Price Performance 31 Investor Presentation
Slide 33: Shareholding Pattern & Price Performance
Shareholding Pattern & Price Performance Price Performance (Relative) (1.04.21 to 31.03.22) Category Mar-20 Mar-21 Mar-22 500 450 Promoter 47.21% 48.98% 49.97% 400 350 300 Public 52.79% 51.02% 50.03% 250 200 150 - Foreign Institutional Investors* - - 2.00% 100 50 - Ark Global Emerging Companies, Lp
Slide 34: Thank You
Thank You FOR FURTHER INFORMATION PLEASE CONTACT KAPTIFY Consulting JYOTI RESINS & ADHESIVES LTD Strategy & Investor Relation Advisory | Consulting Email: info@euro7000.com Email: contact@kaptify.in Website: www.euro7000.com Tel: +91 8452886099 Website: www.kaptify.in 33 Investor Presentation
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