Pokarna Limited · NSE:POKARNA
Pokarna — Q1 FY2018 Earnings Presentation
20 slides from Pokarna's earnings presentation, Sep 16, 2017
Slide 1: Cover letter to stock exchanges
September, 16, 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 / Symbol
Slide 2: Q1 FY18 Results Presentation
Q1 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 – Consolidated
Financial Highlights – Consolidated* Temporary shutdown of Quartz facility for maintenance purpose coupled with continued challenging environment for Granite business resulted in revenue generation of Rs. 68 crore for the quarter, lower by 24%. Lower revenue generation and higher tax outgo resulted
Slide 5: INDAS Impact - Consolidated Financials
INDAS IMPACT - Consolidated Financials* Rs. In Cr Q1 Q1 Q1 Ind As FY17 IND AS FY17 Particulars FY18 FY17 FY17 Adjustments IGAAP Adjustments Ind AS Ind AS IGAAP Ind AS Revenues 67.54 88.69 0.00 88.69 370.66 0.00 370.66 EBITDA 17.63 33.28 0.81 34.09 145.67 0.50 146.17 Margins (%) 26.10 37.52 -- 38.45
Slide 6: Segmental Performance
Segmental Performance
Slide 7: Segmental Performance
Segmental Performance Rs. In Cr Revenue Q1 FY18 Q1 FY17 Shift % Granite 34 36 -6 Rs. Crore Quartz Surfaces 33 53 -38 Apparel* 2 2 0 EBIT Q1 FY18 Q1 FY17 Shift % Granite 6 7 -14 Rs. Crore Quartz Surfaces 7 22 -68 Apparel* (1) (2) -- Capital Q1 FY18 Q1 FY17 Shift % Employed Granite 109 94 16 Rs. Crore
Slide 8: Segmental Performance: Granite, Quartz Surfaces, Apparel
Segmental Performance 39 39 34 34 Co.'s strategy of modifying its Granite product mix - focusing more on 10 customized “cut to size” segments 8 9 6 helping it to navigate challenging business environment. Q2FY17 Q3FY17 Q4FY17 Q1FY18 Quartz Surfaces 55 56 59 Lower revenue generation owing to 33 shutd
Slide 9: Key Developments
Key Developments
Slide 10: Key Developments: Credit Rating Upgrade
Key Developments Credit Rating Upgrade – • Crisil recently upgraded the Company’s: o Long term credit rating facility (Rs. 104 cr) to BBB-/ stable from BB+/ stable o Short term credit rating facility (Rs. 27 cr) to A3 from A4+ • Further Crisil also revised the credit rating of Pokarna Engineered Sto
Slide 11: FY18 – Key Priorities
FY18 – Key Priorities Build strong & innovative product pipeline Improve operational efficiencies Focus on branding Widen reach and presence 10
Slide 12: Going Forward
Going Forward
Slide 13: Going Forward
Going Forward Quartz ➢ Expect to deliver steady performance over the coming quarters; plant shutdown resulted in soft performance during Q1. ➢ Modernizing existing plant – enabling it to produce innovative and high margin exotic products. Commissioning of new plant will further help the Company to m
Slide 14: Key Strengths & Capabilities
Key Strengths & Capabilities
Slide 15: 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 16: Company Overview
Company Overview
Slide 17: 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 18: 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 19: 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 20: Investor Contacts
Investor Contacts For more information about us, please visit www.pokarna.com or contact: Vinay Paruchuru 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 40