Apollo Pipes Ltd. · NSE:APOLLOPIPE
Apollo Pipes — Q1 FY2025 Earnings Presentation
35 slides from Apollo Pipes's earnings presentation, Jul 29, 2024
Slide 1: Exchange filing cover letter for earnings presentation
July 29, 2024 The National Stock Exchange of India Department of Corporate Services/Listing Limited BSE Limited th Floor, Phiroze Jeejeebhoy Towers, Plot No. C/1, G Block, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (East), Mumbai 400 001 Mumbai 400 051 SCRIP Code: 531761 NSE Symbol: APOLLOPIPE
Slide 2: Q1FY25 Earnings Presentation
E@ixau0 PIPING SYSTEMS APOLLO PIPES LTD. QIFY25 EARNINGS PRESENTATION July 2024
Slide 3: Safe harbour
‘APLAPOLLO PIPING SYSTEMS Made for lite Safe harbour Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or ill”, phrases such as im", "will likely result”, "would", "believe", "may", “expect”, “will continue , “
Slide 4: Table of Content
E@ixau0 PIPING SYSTEMS www.apollopipes.com Made for lite Table of Content Apollo Pipes Overview Future 5 Year Financial Outlook Highlights alt Macro-Growth Drivers q QIFY25 Highlights
Slide 5: Company Overview
COMPANY OVERVIEW
Slide 6: Apollo Pipes at a Glance
GEixcu0 Apollo Pipes at a Glance www.apollopipes.com Made for lite wht lc musi @pess Amongst the Top 7 leading PVC pipe 2,1 6,000 Ton manufactures in India Capacity o 7 2,600+ 15% 5-year Sales Volume Manufacturing Plants aval 22% 5-year Revenue CAGR 1,000+ Channel Partners CA ea 20% 5-year EBITDA CA
Slide 7: Q1FY25 at a Glance
(2022 QIFY25 AT A GLANCE Made for lite %308.5 Cr 26,562 MT 29.0 Cr 9.4% Revenue Sales Volume EBITDA EBITDA Margin 19% YoY increase 25% YoY increase 11% YoY increase 66bps YoY decline 21% QoQ increase 24% QoQ increase 14% QoQ increase SBbps QoQ decline %12.5 Cr &22.4Cr 10.1% 6.4% PAT Cash Profit *ROC
Slide 8: Apollo Pipes at a Glance
E@xouc Apollo Pipes at a Glance www.apollopipes.com Made for lite 0 Agriculture Segment Water Management Segment Casing pipes + Hot & cold potable water + Drip irrigation & distribution & transportation + Sprinkler system + Residential, commercial Bore well pipes installations Construction Segment S
Slide 9: Product Portfolio
PIPING SYSTEMS E@ixou0 Product Portfolio www.apollopipes.com maeelts Diversified Basket of 2,600+ Products UPVC PIPING PPR-C PLUMBING CPVC PIPING SYSTEM SYSTEM SYSTEM a uPVC Pipes & Fittings | UPVC Column Pipes |SWR Drainage Pipes | uPVC Pressure Pipes PPR-C Pipes & Fittings | CPVC Pipes & Fittings
Slide 10: Product Portfolio
‘APLAPOLLO PIPING SYSTEMS Made for lite www.apollopipes.com Product Portfolio Commercial PVC pipe Started manufacturing UPVC Largest plastic piping Concluded promoter ‘Commissioned the Raipur manufacturing operations Plumbing Pipes fittings with solution company infusion of Rs. 142. crore plant to t
Slide 11: Brand Ambassador Amitabh Bachchan
E@ixau0 PIPING SYSTEMS www.apollopipes.com Mae tie « Announced Mr. Amitabh Bachchan as Brand Ambassador . New Tv Commercial Launched on 19th December 2023 % 4 \ x 10
Slide 12: Raveena Tandon Appointed as Brand Ambassador
E@ixau0 PIPING SYSTEMS Made for lite www.apollopipes.com Raveena Tandon Appointed as Brand Ambassador Social Media campaign launched in Q3FY22 continue to garner good response Bath Fitting Ei 8.5 Million Followers 6.8 Million Followers (On Raveena’s Platform) Digital Campaign, Packaging promotions e
Slide 13: Our Environment, Social, Governance and Safety Policy
E@ixzouc Our Environment, Social, Governance and Safety Policy Made Fer lite Cost Savings and Energy conservation are one of the key focus areas for Apollo Pipes * Installed rooftop solar plant at Dadri for optimum utilsation of energy + Evaluating opportunities to install rooftop solar plants at Ah
Slide 14: Growth Levers
GROWTH LEVERS
Slide 15: Strategic acquisition of Kisan Mouldings
E@ixeu2 Strategic acquisition of Kisan Mouldings + Established in 1982 with 40+ yr. old legacy brand * Have a capacity of ~60k Ton + Apollo pipes invested Rs 118 Cr for acquiring majority stake (54%) in Kisan Mouldings Itd. + Wide range of SKU’s including Plastic Pipes and fittings for building and
Slide 16: Key Business Strength
apunrov.'o Key Business Strength Made for lite Catering to multiple sectors — Agriculture, Expanding footprint in India Water Management, Infrastructure Strong and highly experienced Management Proven expertise in complex Team projects Multiple and efficient product offerings — 2,600+ products Advan
Slide 17: Diversified Product Portfolio
PIPING SYSTEMS E@ixou0 Diversified Product Portfolio www.apollopipes.com mixer ite — With total offerings at 2,600+, Aiming fo achieve 4,000+ products to the basket Range of products manufactured at the technologically-advanced manufacturing facility at Dadri & Sikandrabad at U.P., Ahmedabad at Guja
Slide 18: Capacity Expansion to aid long-term growth plan
GE@ixoue Capacity Expansion to aid long-term growth plan www.apollopipes.com Made for lite Available Capacity 2,16,000 MTPA Aim to deliver a healthy Primary focus to improve 25%+ CAGR over the next 3 utilization at Dadri, years Ahmedabad, Bengaluru and Raipur Establishing manufacturing Undertaking b
Slide 19: Macro Growth Drivers
Les) | f | MACRO GROWTH DRIVERS
Slide 20: PVC Pipe Industry
Exes PVC Pipe Industry www.apollopipes.com Made for lite The Indian PVC pipes and fittings market expected to register 15% CAGR during FY24 - FY27 + The domestic plastic pipes industry size at ~ ¥ 350Bn + Organized players account for ~70% market share + Key features of plastic pipes against other p
Slide 21: At the Forefront of multiple sector trends
www.apollopipes.com ‘APLAPOLLO PIPING SYSTEMS Made for lite Urban Infrastructure & Construction Water Management At the Forefront of multiple sector trends Agriculture Focus + Infrastructure push - plumbing and distribution requirements + Water Management, Waste Management, Water Drainage & Sewerage
Slide 22: Future Outlook
FUTURE OUTLOOK
Slide 23: Capacity expansion plan
Exes Capacity expansion plan www.apollopipes.com Made for lite Existing capacity 2,16,000 ton Existing Apollo Pipes Ltd plants 1,56,000 Ton Kisan Mouldings Ltd* 60,000 Ton *Kisan Mouldings Ltd. capacity factored at 100% **Apollo Pipes owns 53.57% in Kisan Mouldings Ltd. Ongoing expansion 41,500 ton
Slide 24: Focus Areas for FY25
www.apollopipes.com APLAPOLLO Focus Areas for FY25 Made for lite lI \\ all co db Strengthen Undertake a Register solid Penetrate and Improve Undertake foothold in Pan phase-wise growth in sales — establish utilization at the various brand India Capacity expansion targeting revenue footprint into exi
Slide 25: Operational & Financial Highlights
Se ~ ~ \ \ -_ OPERATIONAL & FINANCIAL HIGHLIGHTS
Slide 26: Quarterly Performance
E@xouc Quarterly Performance www.apollopipes.com fase ie ME QUFY25 Sales Volume (Tons) Q4FY23 QUFY24 Q2FY24 Q3FY24 Q4FY24 QIFY25 EBITDA (Rs. Cr) 29.0 24.1 25.4 i : 7 | Q4FY23. QIFY24 Q2FY24 Q3FY24 Q4FY24 QIFY25 29.4 26.2 21,345 | | ; , 221.6 Revenue (Rs. Cr) Q4FY23. QIFY24 Q2FY24 Q3FY24 Q4FY24 QIFY2
Slide 27: Financial Trend
E@ixau0 PIPING SYSTEMS Made Fer lite Financial Trend Mmmm FY24 Volume (Tons) 5 Yr. CAGR 15% 81,235 66,567 53,849 39,823 44,692 47,333 i [ FY19 FY20 FY21 FY22 FY23 FY24 EBITDA (Rs Cr) 5 Yr. CAGR 20% 93 96 74 68 £ 39 46 & 3 2 s Hy 5 FYI? FY20 FY21 FY22 FY23 FY24 Revenue (Rs. Cr) 5 Yr. CAGR 22% 915 784
Slide 28: Financial Trend
E@ixou0 Financial Trend Made for lite mmm FY 24 Op. Cashflow (Rs. Cr) Net Working Capital (Days) 195 74 74 &s 59 56 68 47 ito ' 19 24 22 Z FYI9 FY20 FY21 FY22 FY23 FY24 FY19 FY20 FY21 FY22 FY23 FY24 ROE (%) BROCE™ (%) Net Debt/ (Net cash)* (Rs.Cr) 23.9 20 9 7 FY22 FY23 FY24 -10 3 FYI9 FY20 FY21 FY22
Slide 29: Profit & Loss Statement (Consolidated)
E@ixau0 PIPING SYSTEMS Made Fer lite www.apollopipes.com Profit & Loss Statement (Consolidated) Particulars (Rs Cr Sales Volume (Ton) Total Income From Operations (Net) Total Expenditure Raw Material expenses Employee expense Other expenses EBITDA EBITDA margin (%) Other Income Finance Costs Depreci
Slide 30: Balance Sheet & Cash flow (Consolidated)
E@ixau0 PIPING SYSTEMS Made for lite www.apollopipes.com Balance Sheet - Assets (Rs Cr) FY24 Cash & Bank Balance 56 Receivables 80 Inventories 199 Other current assets 37 Fixed assets (net) 503 Right to use Assets 9 Investments 52 Other assets/goodwill 76 Total Assets 1,011 Trade payables 186 Other
Slide 31: Profit & Loss Statement (Standalone)
GE@ixoue Profit & Loss Statement (Standalone) www.apollopipes.com Made for lite Sales Volume (Ton) Total Income From Operations (Net) Total Expenditure Raw Material expenses Employee expense Other expenses EBITDA EBITDA margin (%) Other Income Finance Costs Depreciation and Amortization PBT Tax expe
Slide 32: www.apollopipes.com
www.apollopipes.com
Slide 33: Key Takeaways
www.apollopipes.com LAPOLLO PIPING SYSTEMS Made Fer lite Key Takeaways 32
Slide 34: About Us
@x2u2 About Us www.apollopipes.com Made for lite Apollo Pipes (BSE: 531761; NSE: APOLLOPIPE), is among the top 10 leading piping solution providing Company in India. Headquarteredin Delhi, the Company enjoys strong brand equity in the domestic markets. With more than 3 decades of experience in the I
Slide 35: Thank You
E@ixau0 PIPING SYSTEMS Made Fer lite THANK YOU www.apollopipes.com 34