Exxaro Tiles Ltd. · NSE:EXXARO
Exxaro Tiles — Q1 FY24 Earnings Presentation
33 slides from Exxaro Tiles's earnings presentation, Aug 11, 2023
Slide 1: Exchange filing cover letter
Dated: 11th August 2023 To, To, BSE Limited National Stock Exchange of India Ltd. Corporate Relations Department Corporate Relations Department Phiroze Jeejeebhoy Towers, Exchange Plaza, Block G,C/1, Bandra Dalal Street, Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai –400 051 Security Code: 5433
Slide 2: Exxaro Tiles Limited Investor Presentation Q1FY24
EXXARO TILES LIMITED Investor Presentation – Q1FY24
Slide 3: Safe Harbour
Safe Harbour This presentation may contain certain forward-looking statements relating to Exxaro Tiles Ltd. and its future business, development and economic performance. These statements include descriptions regarding the intent, belief or current expectations of the Company, its subsidiaries and a
Slide 4: Q1 FY24 Result Highlights
OG ) TILES Passion for Innovation
Slide 5: Management Commentary
Management Commentary Commenting on the results, Mr. Mukesh Patel, Chairman and Managing Director said… “ ` We are pleased to announce our financial results for Q1FY24. We have registered a 9.7% revenue growth in Q1FY24 over Q1FY23. EBIDTA has grown by 19.0% over Q1FY23. EBIDTA Margin has improved b
Slide 6: Financial Highlights (1/3)
Financial Highlights (1/3) Margins % Total Revenue (Rs. In Mn) EBITDA (Rs. In Mn) PAT (Rs. In Mn) 10.6 10.1 0.2 1.2 937.8 94.7 11.0 741.3 78.9 -16.7 -85% -21% Q-o-Q Q-o-Q Q-o-Q 1.6 Q1 FY24 Q4 FY23 Q1 FY24 Q4 FY23 Q1FY24 Q4 FY23 • Revenue has fallen on sequential quarter basis on account of slow dema
Slide 7: Financial Highlights (2/3)
Financial Highlights (2/3) Margins % Total Revenue (Rs. In Mn) EBITDA (Rs. In Mn) PAT (Rs. In Mn) 10.6 9.8 0.2 1.6 10.82 741.26 Axis Title 9.7% 675.91 19% -85.2% Y-o-Y 78.90 Y-o-Y 66.29 Y-o-Y 1.60 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Axis Title Q1FY23 • Our focus on Building Brand is also reflected in
Slide 8: Financial Highlights (3/3)
Financial Highlights (3/3) (Rs. In Mn.) Total Revenue Split Geographical Revenue Split Q1 FY24 Q4 FY23 832.55 650.18 1% 10%1% 17% 9% 8% 42% 49% 57.74 99.63 33.34 4.95 30% 33% Q1 FY24 Q4 FY23 Own Manufacturing Outsource Others West South North East Export West South North East Export Q1FY24 Q1FY23 65
Slide 9: Volumes
Volumes Sales Volume (in Msm) 2.74 2.17 0.8% Y-o-Y 1.96 -23.3% 2.17 Q-o-Q 0.24 0.40 0.13 0.24 Q1 FY24 Q1 FY23 Q1 FY24 Q4 FY23 Own Manufacturing Outsource 8 Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN
Slide 10: Key Development During Q1FY24
Key Development During Q1FY24 Participation in exhibition in USA – “Covering 2023” We participated in an exhibition in USA – Covering 2023 at Orlando Florida to explore and expand opportunities in North American Markets 9 Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN
Slide 11: Key Development During Q1FY24
Key Development During Q1FY24 CDC Opening at Talod 10 Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN
Slide 12: Profit & Loss Statement – Q1FY24 (Standalone)
Profit & Loss Statement – Q1FY24 (Standalone) Particulars (Rs. in millions) Q1 FY24 Q1 FY23 Y-O-Y Q4 FY23 Q-O-Q FY23 FY22 Y-o-Y Net Revenue 741.3 675.9 10% 937.9 -21% 3,170.90 3,253.40 -3% Cost of Material Consumed 264.2 163.8 263.5 831.3 925.3 Purchase 48.9 96.5 86 332.7 276.9 Change in Inventories
Slide 13: Profit & Loss Statement – Q1FY24 (Consolidated)
Profit & Loss Statement –Q1FY24 (Consolidated) Particulars (Rs. in millions) Q1 FY24 Q1 FY23 Y-O-Y Q4 FY23 Q-O-Q FY23 FY22 Y-o-Y Net Revenue 741.3 675.9 10% 937.9 -21% 3,170.90 3,253.40 -3% Cost of Material Consumed 264.2 163.8 263.5 831.3 925.3 Purchase 48.9 96.5 86 332.7 276.9 Change in Inventorie
Slide 14: Company overview
OG ) TILES Passion for Innovation 13
Slide 15: Company At Glance
Company At Glance 2 14.6 million sq. m Single Largest Plant Manufacturing Facilities Production Capacity For manufacturing glazed vitrified tiles under one roof Located at Padra & Talod Per annum in India (Unit 2 at Talod) 1000+ 2000+ 25 states Designs Touchpoints serving metro, Domestic presence Ti
Slide 16: Key Milestones
Key Milestones 2012 2015 2022 Began setting up anew project to • Won ‘Best Display Award’ at Décor India Show and won ‘Best Stall’ at Buildtech 2015 manufacture double-charged Crossed annual sales of • Commenced the setting up of a new project at Talod in Sabarkantha district with a vitrified tiles
Slide 17: Our Unique Proposition
Our Unique Proposition Integrated Business Model In House R & D Facilities Low Cost Gas Supply Our is a Integrated Well-equipped in house We have Contract with Business Model leading to cost production facilities and ONGC for Gas Supply at our competitiveness and premium laboratories. Strict quality
Slide 18: Branding & Promotion Activities
Branding & Promotion Activities Exxaro Tiles signed Ajay Devgn as its brand Ambassador “Association with Ajay Devgn will strengthen our brand recall and position our unique offering, both to our valued customers and end-users” Branding activities undertaken: • Tiles display at each counter • Brandin
Slide 19: Manufacturing Facilities
Manufacturing Facilities Unit I – Padra ,Vadodra Unit 2 – Talod,Sabarkantha • Area - 1,23,504 Sq Mt • Area - 37,460 Sq Mt • Production Capacity – 11,000,000 Sq Mt • Production Capacity - 36,00,000 Sq Mt • Exxaro Unit 2 located at Himmatnagar, Sabarkantha in • EXXARO Unit 1 based in Vadodara, Gujarat
Slide 20: Our Way forward
Our Way forward Increase our sales by Expand our dealer enhancing our Improving network in existing Strengthen Brand Increasing our export manufacturing operational markets and Value presence capacities and efficiencies through penetrating new procuring materials Technological markets on an outsourc
Slide 21: Product Profile
OG ) TILES Passion for Innovation 20
Slide 22: Product portfolio
Product portfolio Sizes In MM • 800 X 3000 • 800 X 2400 Tile Categories • 300 X 300 • 800 X 1600 • 300 X 450 1. Double Charged Vitrified • 600 X 1200 Exxaro has been a frontrunner • 300 X 600 in manufacturing tiles with: Tiles (DCVT) • 800 X 800 • 400 X 400 • 600 X 600 • 3D effect in Double Charge 2
Slide 23: Talod Plant upgradation with Big Slab production in 1200 x 1800
Talod Plant upgradation with Big Slab produciton in 1200 x 1800 Tralish olivo Dair Imperian nero 22 Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN
Slide 24: Talod Plant upgradation with Big Slab production in 1200 x 2800
Talod Plant upgradation with Big Slab produciton in 1200 x 2800 Villarica blue Okra green Breccia aurora 23 Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN
Slide 25: Talod Plant upgradation with Big Slab production in 800 x 2400
Talod Plant upgradation with Big Slab produciton in 800 x 2400 DUTCH DINO CLASSICO COASTA BROWN 24 Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN
Slide 26: Talod Plant upgradation with Big Slab production in 800 x 3000
Talod Plant upgradation with Big Slab produciton in 800 x 3000 ASEL WHITE DAIR ULTIMA GREY 25 Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN
Slide 27: New Product: Big Slab has started reaching showrooms
New Product : Big Slab has started reaching showrooms 26 Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN
Slide 28: Our Clientele
Our Clientele 27 Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN
Slide 29: Board of Directors
Board of Directors Mr. Mukeshkumar Patel Mr. Kirankumar Patel Mr. Dineshbhai Patel Promoter, Chairman and Promoter & Director Promoter & Director Managing Director (Sales & Marketing) (Operations) • Possesses approximately 20+ years of experience in • Possesses approximately 15+ years of experience
Slide 30: Awards & Recognitions
Awards & Recognitions 29 Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN
Slide 31: Quality Certifications
Quality Certifications 30 Exxaro Tiles | NAYE BHARAT KI NAYI PEHCHAN
Slide 32: Historical Annual Performance Trends
Historical Annual Performance Trends Revenue (Rs. In Mn) EBITDA (Rs. In Mn) PAT (Rs. In Mn) 3,253 3,171 484 484 178 181 417 430 376 152 2,415 2,407 2,551 335 2,198 113 81 73 FY18 FY19 FY20 FY21 FY22 FY23 FY18 FY19 FY20 FY21 FY22 FY23 FY18 FY19 FY20 FY21 FY22 FY23 Net Debt(Rs. In Mn) Sales Volume (in
Slide 33: Thank You
Thank You Contact Mr. Himanshu Shah (CFO) Abhilash Agrawal | Jaymeen Thakkar Email: cfo@exxarotiles.com Email:abhilash@s-ancial.com|jaymeen@s-ancial.com Tel: 079-30555500 Tel: 7000923013 | 9967697743 Exxaro Tiles Limited 12th Floor, D-Block, Ganesh Glory11, Nr. BSNL Office, S-ancial Technologies Pvt