Jk Paper Limited · NSE:JKPAPER
Jk Paper — Investor Presentation (February 2017)
27 slides from Jk Paper's investor presentation, Feb 15, 2017
Slide 1: Exchange filing cover letter for investor meetings
JK PAPER LTD. Nehru House, 4 Bahadur Shah Zafar Marg, New Delhi-! 10002 February 15, 2017 ° : Electronic Filing The General Manager National Stock Exchange of India Limited Department of Corporate Services/Listing Exchange Plaza, Plot No. C/1, G — Block BSE Limited Bandra Kurla Complex, Bandra (East
Slide 2: JK Paper Today: Corporate Presentation
JK Paper Today Corporate Presentation An Industry benchmark with Power Packed Brands 15th Feb, 2017
Slide 3: JK Paper one of the leading companies of JK Organisation
JK Paper Ltd is one of the leading companies of JK Organisation – a prominent business house of India founded over 100 years ago Paper Cement Tyre Rs. Cr. Rs. Cr. Mkt Cap 4,550 Rs. Cr. Mkt Cap 2,564 Revenue 2,955 Mkt Cap 1,452 Revenue 7,562 Revenue 2,881 V-Belts- Oil Seals & Power Agri Genetics USD
Slide 4: JK Paper - History & Milestones
JK Paper - History & Milestones 75 YEARS JOURNEY OF JK PAPER Started Manufacturing Straw Board at First Integrated Pulp & Paper company in India & 3rd Paper Company 1938 Bhopal with a capacity of 3,600 TPA in the World to get Award for TPM Excellence – First Category from JIPM Installed 1st Fine Pap
Slide 5: JK Paper – Shareholding Pattern
JK Paper – Shareholding Pattern Major Institutional Investors Shareholding Pattern As of 31st December 2016 Others Promoters Employeeincluding NRIs 55.0% Trusts 6.7% 9.6% Individuals 13.0% Institutions 15.7% 4 J K PAPER …….Creating Lasting Impressions Slide No.4
Slide 6: JK's Brands are Industry Benchmarks In Respective Product Categories
JK’S Brands are Industry Benchmarks In Respective Product Categories Plants with state of the art technology and minimal environmental impact Panoramic view of the Unit JKPM (Orissa) Copier Paper (Market Leader – Current Mkt. Share is 27% *) Coated Paper ( Amongst top Two – Current Mkt. Share is 12%
Slide 7: Strategic Geographical Presence
Strategic Geographical Presence Total Production Capacity • Strategic location Saleable Product : 455,000 tons per annum (tpa) Pulp : 276,000 tpa (BD) – JKPM located close to raw material sources – CPM located close to large end customers & port • Strong distribution reach – 4 regional offices UNIT
Slide 8: Global v/s Indian Paper Industry
Global v/s Indian Paper Industry 250 World Per Capita Consumption (Paper + Board) in Kgs -2014 224 218 200 159 156 150 100 75 66 47 57 50 30 29 11.5 8 0 Source: PPI J K PAPER …….Creating Lasting Impressions Slide No.7
Slide 9: Global v/s Indian Segmental Growth
Global v/s Indian Segmental Growth Volume (Mn Tons) Share % Projected 2015-16 2015-16 2020-21 2015-16 2015-16 2020-21 Growth% SN Product Global India Global India Global India 1 2 3 4 5 6 7 8 1 Coated (CWF) 25.9 0.8 1.0 6.4 4.9 4.6 -0.5 5.3 2 Uncoated (UWF) (2.1+2.2) 54.4 3.9 4.8 13.5 25.4 23.1 -0.3
Slide 10: New Project at Unit - JKPM (I)
New Project at Unit - JKPM……(I) Fibreline (215,000 TPA) Paper Machine (165,000 TPA) J K PAPER …….Creating Lasting Impressions Slide No.9
Slide 11: New Project at Unit - JKPM (II)
New Project at Unit - JKPM……(II) Power Plant A4 Cutting Line Robotic Palletizer J K PAPER …….Creating Lasting Impressions Slide No.10
Slide 12: JKPL Performance: EBITDA
JKPL Performance EBITDA (Rs. Crore) 160 * 25.0% 141 131 140 20.0% 120 EBITDA % 100 114 117 15.0% 102 106 98 80 93 10.0% 60 77 5.0% 40 53 45 20 0.0% Q-1 Q-2 Q-3 Q-4 Q-1 Q-2 Q-3 Q-4 Q-1 Q-2 Q-3 2014-15 2015-16 2016-17 EBITDA (Rs. Crore) EBITDA % * Lower EBITDA in Q3 (FY 16-17) due to planned annual sh
Slide 13: Key Financials for Q3 & 9 Months (FY 2016-17 vs FY 2015-16)
JK Paper - Key Financials for Q3 & 9 Months (FY 2016-17 vs FY 2015-16) Rs. Cr. 3rd Quarter (Q3) 9 Months Unit 2016-17 2015-16 % Growth 2016-17 2015-16 % Growth Sales Volume MT 1,15,475 1,13,796 1.5 3,57,112 3,33,741 7.0 Uncoated Paper MT 70,268 70,829 (0.8) 2,22,533 2,10,326 5.8 Coated Paper MT 23,6
Slide 14: JKPL - Profitability
JKPL - Profitability Rs. Cr. 2013-14 2014-15 2015-16 2016-17 S.N. Description 12 Months 12 Months 12 Month Q1 Q2 Q3 9 Months 1 Net Sales 1,822 2,260 2,548 637 709 666 2,012 1.1 Other Operating Income 17 20 33 1 12 5 17 1.2 Total Income from Operations 1,838 2,280 2,581 638 721 671 2,029 2 Cost of Ma
Slide 15: Industry Turnaround... (I)
Industry Turnaround... (I) 1. Stability / Moderation in Raw Material Price 2. Moderation / Stability in Chemical Prices 3. Stability in Coal Prices 4. Gradual uptick in output price after capacity absorption J K PAPER …….Creating Lasting Impressions Slide No.14
Slide 16: Industry Turnaround... (II)
Industry Turnaround... (II) JKPL - Hardwood Prices (Rs./ADMT) 12,000 10,000 8,000 Rs. / ADMT 6,000 4,000 2,000 - Q1 Q2 Q3 Q4 Q1 Q2 Q3 2010- 2011- 2012- 2013- 2014- 2015- 2015- 2015- 2015- 2016- 2016- 2016- 11 12 13 14 15 16 16 16 16 17 17 17 Hardwood 4,290 5,237 6,558 8,962 9,750 9,242 9,640 9,611 9
Slide 17: JK Paper - Performance Highlights
JK Paper - Performance Highlights 1. Increase in Copier Market share to 27 %* in Domestic Market from 19 % in FY 2012-13 2. Exports of 48,553 MT in FY 16 compared to 12,900 MT in FY15 3. Unit : JKPM PM-6 achieved over 100% capacity utilisation (Q4 103.2 %) . 4. Unit : JKPM achieved best in the class
Slide 18: Consumption – Electricity & Coal
JK Paper (Total Company) Consumption – Electricity & Coal Electricity Consumption - Per MT of Paper & Board 1,400 Kwh/MT of Output 1,300 1,200 1,100 1,000 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 JKPL 1,378 1,398 1,250 1,191 1,180 1,153 1,120 1,176 1,161 1106 Coal Consumption - Per MT of Pa
Slide 19: Unit JKPM Efficiency Improvements
JK Paper (Unit – JKPM) Efficiency Improvements Power Kwh/T Paper Coal T/T Paper 1500 2.50 2.06 1389 1.90 1.88 1368 1356 1369 2.00 1400 1.53 1287 1300 1.50 1211 1.02 1176 0.81 1200 1138 1.00 0.74 0.65 0.59 1131 1100 0.50 1000 - 10-11 11-12 12-13 13-14 14-15 15-16 Q1 Q2 Q3 10-11 11-12 12-13 13-14 14-1
Slide 20: Unit JKPM Chemical Consumption – Kg/T Pulp
JK Paper (Unit – JKPM) Chemical Consumption – Kg /T Pulp Lime Kg/T Pulp Caustic Kg/T Pulp 600 570 120 102 534 538 100 87 85 504 79 481 72 73 500 466 468 461 80 452 64 55 56 60 400 40 20 300 0 10-11 11-12 12-13 13-14 14-15 15-16 Q1 Q2 Q3 10-11 11-12 12-13 13-14 14-15 15-16 Q1 Q2 Q3 2016-17 2016-17 Hy
Slide 21: Quantum Jumps through continuous expansions in last one decade
Quantum Jumps through continuous expansions in last one decade 2005 - Expansion in Coated Paper, 2007 - Expansion in Packaging Board and 2013 - Expansion in Uncoated Paper Volume - '000 MT 3 Times Turnover (Gross Sales) - Rs. Cr. 4 Times 500 3,500 400 3,000 2,500 '000 MT 300 Rs. Crore 2,000 200 1,50
Slide 22: Farm Forestry and Raw Material Security Initiatives
Farm Forestry and Raw Material Security Initiatives JK Paper – Plantation Coverage under Farm Forestry – in Hectare Clonal Development Centre 20,000 16,934 17,536 Started in 1991-92 14,877 15,000 17,536 Ha area Maximum planted in 2015-16 Coverage 11,803 within 200 km Overall > 1.44 Lac Ha 10,0
Slide 23: Financial Highlights – Profitability
Financial Highlights – Profitability Sl. 9 Months Financial Year >>> 2012-13 2014-15 2015-16 No. (2016-17) 1 Quantity In MT 1.1 Production 2,92,582 4,13,835 4,49,918 3,52,687 1.2 Capacity Utilisation 101% 91% 99% 103% 1.3 Sales Volume 2,90,421 3,98,387 4,59,977 3,57,112 2 Operating Results In Rs. Cr
Slide 24: Financial Highlights – Balance Sheet
Financial Highlights – Balance Sheet Rs. Cr. Year End >>> 31st March 30th Sep 2014 2015 2016 2016 Total Assets 3,058 2,897 2,868 2,903 Net Fixed Assets 2,465 2,294 2,292 2,377 CWIP 17 27 20 25 Investments 96 28 35 268 Net Current Assets (excl. cash) 472 530 507 230 Cash / Bank balance 8 17 15 3 Capi
Slide 25: Key Awards & CSR
Key Awards & CSR Key Awards received in last one year Livelihood Interventions CSR Unit JKPM 1. 87 Self help Groups (SHGs) with over 1000 members stabilised 1. 1st Prize among Pulp and Paper Industries in the 2. 456 SC & ST youth mobilised and micro enterprises viz., tailoring, prestigious “National
Slide 26: Disclaimer
Disclaimer This presentation (the “Presentation”), which has been prepared by JK Paper Ltd. (the “Company”), has been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be
Slide 27: Thank You
THANK YOU J K PAPER …….Creating Lasting Impressions Slide No.26