Jyoti Resins & Adhesives Ltd. · BSE:JYOTIRES
Jyoti Resins & Adhesives — Q4 FY2023 Earnings Presentation
29 slides from Jyoti Resins & Adhesives's earnings presentation, May 19, 2023
Slide 1: Q4 F.Y. 22-23 Investor Presentation cover letter to BSE
| EURO | Mix JYOTI RESINS & 7000 wo SYNTHETIC WOOD ADHESIVE ADHESIVES LTD. c Regd. Office : Survey No. 873, Village ; Santej, Tal.: Kalol, Dist.: Gandhinagar. Pin : 382721 Phone : (02764) 286327, (M) : 94273 58400 Administrative Office : 1104-1112, ELITE, Nr. Shapath Hexa Opp. Kargil Petrol Pump, Nr
Slide 2: Jyoti Resins and Adhesives Ltd Investor Presentation Q4 & FY2023
Jyoti Resins and Q4 & FY2023 Adhesives Ltd Investor Presentation Investor Presentation 1
Slide 3: Safe Harbour Statement
Safe Harbour Statement This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any securities of Jyoti Resins and Adhesives Ltd.(“Euro7000” or "Company“), nor shall part, or all, of this document form the basis of, or be relied
Slide 4: Core Topics
CORE TOPICS Quarter Performance highlights Performance snapshot | Company background Stronger Balance Sheet; Improving 01 About Us | Our Journey | Our Network | Cash Flows | Manufacturing | Our strengths & 04 commitment | Management Team | Financial highlights Annual Performance snapshot | Financial
Slide 5: Performance Highlights
Performance Highlights 4 Investor Presentation
Slide 6: Performance Snapshot (Q4)
Performance Snapshot (Q4) Strong Gross Margin of 57.14% and EBITDA Margin of 30.8% led by sharp drop in raw material prices 13.3% +1765 bps +1317 bps Robust volume growth of 27.5% for the year Growth in EBITDA PAT Volume growth for Q4FY23 is up 8% QoQ vs Q3FY23 Revenue Margin Margin YoY YoY YoY On r
Slide 7: Stronger Balance Sheet; Improving Cash Flows
Stronger Balance Sheet; Improving Cash Flows Avg. Receivables reduced to 109 days vs 117 days YoY in spite of 42% (Rs mn) FY23 FY22 growth in revenue for the year. This is down from 266 and 190 days in FY20 and FY21 respectively. Cash flow from operating activities (as per CFS) 10.0 26.1 Added back
Slide 8: Quarterly Financial highlights
Quarterly Financial highlights (All values in Rs mn) Q4FY23 Q3FY23 Q4FY22 YoY% FY23 FY22 YoY% Net Sales 650.8 666.1 574.6 13.25 2,612.5 1,819.6 43.6 Expenditure 450.3 502.8 499.0 -9.77 2,006.3 1,581.9 26.8 EBITDA 200.5 163.3 75.6 165.17 606.3 237.6 155.1 EBITDA Margin (%) 30.81 24.52 13.16 +1,765 bp
Slide 9: Business Model & Our Edge
Business Model & Our Edge 8 Investor Presentation
Slide 10: Business Model
Business Model • The company imports raw materials from several countries. The raw materials are then processed and white glue is manufactured in their plant at Santej. The finished product is then packaged into different 01 sizes starting from 500 gm upto 70 kgs. The products are then sold through
Slide 11: Our competitive edge
Our competitive edge Low cost - Overall manpower costs is limited to 15-16% of revenues - Selling and Distribution expenses maintained under 12% manufacturing; - Asset turnover is at 8x Asset light - Amongst the highest EBITDA per tonne vis-à-vis peers - Working capital efficient hence No Debt and O
Slide 12: Way Forward
Way Forward 11 Investor Presentation
Slide 13: Way forward
Way forward ENHANCE PRODUCTION CAPACITY FURTHER Owing to sharp demand and growth in our market share, we completed the process of increasing our production capacity further to 01 2000 TPM. Company is in the process of setting up a warehouse for enhancing storage of raw materials and finished goods.
Slide 14: Company background
Company background 13 Investor Presentation
Slide 15: About Us
About Us The company launched its brand “Euro 7000” in 2006, and is now the second largest (No 2) selling wood adhesive (white glue) brand in India in the retail segment. • JYOTI RESINS AND ADHESIVES LTD is a manufacturer of synthetic resin adhesives. The Company Vision & Mission manufactures variou
Slide 16: Our Journey
Our Journey 2005 – Mr Utkarsh Patel, ED joins the Established in 1994 by business after completing Chemical 2007 company expand 2012 2018-2019 Company Chairman and first Engineering; and Masters courses in capacity to 250 TPM and Company forays into presence grows to 12 generation entrepreneur Marke
Slide 17: Our Network today
Our Network today 13 300 STATES SALES FORCE 28 10,000 BRANCHES ACTIVE RETAILERS 50 300,000 DISTRIBUT- CARPEN- ORS TERS 16 Investor Presentation
Slide 18: Manufacturing & Operations
Manufacturing & Operations Manufacturing Plant Administrative Offices Our manufacturing plant at Santej, Ahmedabad, Gujarat is Our corporate office is at Ahmedabad, Gujarat. We also have currently at 2000 TPM (24,000 TPA). an Administrative Office in Mumbai. Other than this we have 28 branch offices
Slide 19: Our strength & commitment
Our strength & commitment 13 50 28 STATES DISTRIBUT- BRANCHES ORS Best Customer Strong Technical High Standard Raw Service Support Material High Quality Quick Delivery Strong Warehousing Machines Facilities 300 10,000 300,000 SALES ACTIVE CARPEN- FORCE RETAILERS TERS 18 Investor Presentation
Slide 20: Second Largest brand in India; Debt Free
+40% Second Largest Dividend brand in India Debt Free Return on Equity 60% Dividend Per Share Clear lead as 2nd largest Continues to be Net Debt +50% Wood Adhesive brand in India negative since FY18 15.5% Dividend Payout Return on Capital Employed for FY23 (retail segment) Consistent growth Revenue
Slide 21: Management Team
Jagdish N Patel Management Utkarsh J Patel Chairman Managing Director Mr Jagdish N Patel is the first generation entrepreneur and Team In 2005, Mr. Utkarsh Patel, Executive Director, joined the started this company in 1994 eyeing the huge opportunity he business, after completing his Chemical Engine
Slide 22: Product Portfolio
Product Portfolio 21 Investor Presentation
Slide 23: Diversified Product Portfolio
Diversified Product Portfolio Water proof, Waterproof, Anti termite Anti termite, Anti termite, applications Heat & fungal resistant Cold & Hot press applications Fast drying (2-3 hours) Waterproof, For PVC and Acrylic sheet Waterproof, Waterproof, Anti termite, Anti termite, bonding to wood; pre ed
Slide 24: Product Launches (last 12 months)
Product Launches (last 12 months) Extreme 3 Hi-Strong EURO EWR EWR D2+ THREE BENEFITS IN ONE COLD PRESS EXPERT HOT PRESS EXPERT • Fast Drying Adhesive with 2-3 hours • Suitable for cold press • Suitable for Hot & Cold Press handling strength • Economy grade with extra strength • D2+ Formula • Waterp
Slide 25: Applications
Applications USAGE OF OUR PRODUCT PAKKA JOD, HAMESHA 24 Investor Presentation
Slide 26: Digital Advertisements
Digital Advertisements *click on images to see video 25 Investor Presentation
Slide 27: Recent Dealer Events
Recent Dealer Events Dealer (500+) Meet – Ahmedabad, Gujarat Dealer (200+) Meet – Jodhpur, Rajasthan Dealer (200+) Meet – Vadodara, Gujarat Dealer (300+) Meet – Rajkot, Gujarat Dealer (550+) Meet – Mumbai, Maharashtra Dealer (175+) Meet –Nashik, Maharashtra 26 Investor Presentation
Slide 28: Connecting users & dealers digitally
Connecting users & dealers digitally Scan barcode & collect Loyalty Points Like, Share & Follow our facebook page 27 Investor Presentation
Slide 29: Thank You
Thank You FOR FURTHER INFORMATION PLEASE CONTACT KAPTIFY Consulting JYOTI RESINS & ADHESIVES LTD Strategy & Investor Relation Advisory | Consulting Email: info@euro7000.com Email: contact@kaptify.in Website: www.euro7000.com Tel: +91 845 288 6099 Website: www.kaptify.in 28 Investor Presentation
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