Pokarna Limited · NSE:POKARNA
Pokarna — H1 FY18 Earnings Presentation
22 slides from Pokarna's earnings presentation, Dec 11, 2017
Slide 1: Cover letter to stock exchanges
© December, 11, 2017 Department of Corporate Services, Listing Department, Bombay Stock Exchange Limited, National Stock Exchange of India Ltd, Phiroze Jeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai — 400001. Mumbai — 400051. Dear Sir, Ref: Scrip no / Symbo
Slide 2: H1 FY18 Results Presentation
H1 FY18 Results Presentation
Slide 3: Table of Content / Safe Harbor
Table of Content Safe Harbor No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the Financial Highlights 3 information or opinions contained in this presentation. Such information and opinions
Slide 4: Financial Highlights
Financial Highlights
Slide 5: Financial Highlights – Consolidated
Financial Highlights – Consolidated* Resumption of Quartz operations improved revenue momentum, after modest start to the year. Quartz business performance in the overall mix resulted in PAT and margin expansion for the quarter Pursuant to approval of Board of Directors, vide resolution passed on 08
Slide 6: INDAS IMPACT - Consolidated Financials
INDAS IMPACT - Consolidated Financials* Rs. In Cr Q2 Q2 Q2 Ind As FY17 IND AS FY17 Particulars FY18 FY17 FY17 Adjustments IGAAP Adjustments Ind AS Ind AS IGAAP Ind AS Revenues 85.09 94.53 0.00 94.53 370.66 0.00 370.66 EBITDA 28.99 38.90 0.11 39.01 145.67 0.05 146.17 Margins (%) 34.07 41.15 -- 41.27
Slide 7: Segmental Performance
Segmental Performance
Slide 8: Segmental Performance
Segmental Performance Revenue H1 FY18 H1 FY17 Shift % Rs. Crore Granite 68 75 (9) Quartz Surfaces 84 108 (22) Apparel* 5 4 25 EBITDA H1 FY18 H1 FY17 Shift % Granite 13 17 (24) Rs. Crore Quartz Surfaces 23 47 (51) Apparel* (2) (4) 50 Capital H1 FY18 H1 FY17 Shift % Employed Granite 106 85 25 Rs. Cror
Slide 9: Segmental Performance
Segmental Performance 39 34 34 34 Gradually improving business Granite environment coupled with strategic move towards tweaking product 8 8 6 8 mix, resulting in growth and margin preservation Q3FY17 Q4FY17 Q1FY18 Q2FY18 Quartz Surfaces 56 59 Lower revenue generation owing to 51 33 shutdown of plant
Slide 10: Key Developments
Key Developments
Slide 11: Key Developments: Quartz Resumption and Greenfield Project
Key Developments Resumption of Quartz operations (Existing Plant) – Re-commenced operations from June 24th 2017 Modernization and maintenance of the plant will aid in producing innovative and better margins products Greenfield Project – Expanding Quartz Surface capacity by 130% Finalized the l
Slide 12: Key Developments: GST Reduction and Credit Rating Upgrade
Key Developments Reduction in GST rate Revised tax rate following GST council’s decision to lower tax on the sector from 28% to 18% Lower tax rate to positively contribute positively to sector’s overall growth Credit Rating Upgrade – Crisil recently upgraded the Company’s: Long term credit r
Slide 13: FY18 – Key Priorities
FY18 – Key Priorities Build strong & innovative product pipeline Improve operational efficiencies Focus on branding Widen reach and presence 12
Slide 14: Going Forward
Going Forward
Slide 15: Going Forward
Going Forward Quartz New equipment and process improvement initiation to produce innovative and better margin products. Granite Focusing on improving the operational efficiencies at quarries. Aiming towards improving capacity utilization and increasing share of cut to size products. Sustaine
Slide 16: Key Strengths & Capabilities
Key Strengths & Capabilities
Slide 17: Key Strengths & Capabilities
Key Strengths & Capabilities Quartz World class manufacturing, Research & Product development facility; Exclusive licensee for India, of patented Italian Bretonstone Technology; Comprehensively serving through private label products and Quantra brand; Laser-focused on operational excellence;
Slide 18: Company Overview
Company Overview
Slide 19: Granite
Granite State-of-the-art Manufacturing Facilities Backward Integrated – Sourcing majority of raw Fully automated production line – Cutting edge material from captive quarries. technology armed with fully computer-controlled high speed polishing lines transforms granite from its crude Captive q
Slide 20: Quartz Surfaces
Quartz Surfaces Pokarna Engineered Stone Limited (PESL) – wholly State-of-the-art Manufacturing Facilities owned subsidiary of Pokarna Ltd., is India’s largest manufacturer and exporter of engineered stone Fully automated production line. surfaces. Best in business technology - Bretonstone® Sy
Slide 21: Apparel
Apparel Launched in 2004, Stanza focuses on premium product / lifestyle brand category for men & children. Reach – 8 exclusive outlets Other retail outlets Factory: Survey No: 33,39,50,51,55,68 & 69, Apparels Export Park, Gundla Pochampally, Village, Medchal Mandal, R.R. District, Telangana.
Slide 22: Investor Contacts
Investor Contacts For more information about us, please visit www.pokarna.com or contact: M.Viswanatha Reddy Gavin Desa / Suraj Digawalekar Pokarna Limited CDR India 105, 1st Floor, Surya Towers, S. P. Road, Tel: +91 22 6645 1237 / 1235 Secunderabad, Telangana – 500003 Fax: +91 22 6645 1213 Tel: +91