Prakash Industries Limited · NSE:PRAKASH
Prakash Industries — Q4 FY2018 Earnings Presentation
22 slides from Prakash Industries's earnings presentation, May 2018
Slide 1: Prakash Industries Limited Investor Presentation May 2018
PRAKASH INDUSTRIES LIMITED People… Prosperity… Progress… INVESTOR PRESENTATION MAY 2018
Slide 2: Disclaimer
DISCLAIMER This presentation and the accompanying slides (the “Presentation”), which have been prepared by Prakash Industries Limited (the “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall n
Slide 3: Agenda
AGENDA Key Updates 01 & Financial Highlights 02 Company Overview 3
Slide 4: Key Updates & Financial Highlights
KEY UPDATES & FINANCIAL HIGHLIGHTS 4
Slide 5: Key Updates
KEY UPDATES Sales Realisation at all time high • During Q4FY18, steel prices witnessed a steep rise of more than 30% YoY Expansion in Steel and Power co-generation capacity in FY19 • Expanding Sponge Iron capacity by 0.40 MTPA • 0.20 MTPA by September, 2018 • 0.20 MTPA by March, 2019 • Expanding
Slide 6: Key Updates
KEY UPDATES PVC Pipe Division • Doubling PVC Pipes and Fittings capacity to 1,10,000 TPA in a phased manner by next year • Ventured into Flexible Plastic Packaging Business, Production expected to commence by June, 2018 • Facility being set up at the existing location at Kashipur, Uttarakhand • NS
Slide 7: Financial Highlights – Q4FY18
FINANCIAL HIGHLIGHTS – Q4FY18 Revenue EBITDA PAT EPS Basic (Rs. Cr) (Rs. Cr) (Rs. Cr) (Rs.) 45% 139% 347% 293% YoY YoY YoY YoY *On annualized basis, the quarterly EPS works out to Rs. 39.80 7
Slide 8: Financial Highlights FY-18
FINANCIAL HIGHLIGHTS FY-18 Revenue EBITDA PAT EPS Basic (Rs. Cr) (Rs. Cr) (Rs. Cr) (Rs.) Constant improvement in operational efficiencies, higher production volumes, & better sales realization led to increase in profitability 8
Slide 9: Profitability Highlights
PROFITABILITY HIGHLIGHTS Rs. in Cr Q4FY18 Q4FY17 YoY FY18 FY17 YoY Revenues 910 628 45% 2,935 2,174 35% Other Income 7 1 15 3 Total Income 917 629 2,950 2,177 Raw Material 571 435 1,841 1,493 Employee Expenses 57 42 196 155 Other Operating Expenses 79 63 317 265 EBITDA 210 88 139% 596 265 125% EBITD
Slide 10: Balance Sheet Highlights
BALANCE SHEET HIGHLIGHTS Rs. Crore Mar-18 Mar-17 Rs. Crore Mar-18 Mar-17 Shareholder’s Funds 2,736 2,221 Non-current assets 3,363 3,003 Share capital 157 139 Fixed assets 3,067 2,720 Other Equity 2,579 2,082 Non Current Tax Asset 136 129 Deferred Tax assets 160 154 Non-current liabilities 635 608 Cu
Slide 11: Company at Glance
COMPANY AT GLANCE 11
Slide 12: Company Overview
COMPANY OVERVIEW One of the Strategically Captive Iron 230MW captive PVC Pipes & Largest located plants ore mines in power plant at Fittings- Strong Integrated in Odisha & its integrated brand presence Steel Chhattisgarh, Chhattisgarh; steel plant in North India Manufacturers one of the Step towards
Slide 13: Diversified Business Segments
DIVERSIFIED BUSINESS SEGMENTS Revenue Break-up FY18 Steel Power PVC Pipes 13
Slide 14: Integrated Steel Business
INTEGRATED STEEL BUSINESS 01 Integrated Steel Plant at Chhattisgarh 02 Produces steel through coal based Sponge Iron Route; Technical collaboration with Lugri GmbH, Germany Secured Supply of Key Raw material – (i) Iron Ore - mines allotted in the state 03 of Chhattisgarh & Odisha (ii) Coal through l
Slide 15: Steel – Product Portfolio
STEEL – PRODUCT PORTFOLIO Wire Rods HB Wire Structural Steel TMT bars Ferro Alloy 15
Slide 16: Power Business
POWER BUSINESS Operating 230 MW captive power at its Integrated Steel Plant Power generated partly by harnessing waste gases emanating from Sponge Iron process and partly through Thermal route Newly commenced Fifth Sponge Iron Rotary Kiln generating additional 15MW power 16
Slide 17: Key Growth Drivers – Steel & Power
KEY GROWTH DRIVERS – STEEL & POWER National Steel Policy 2017 Focus on Affordable Housing & Infrastructure Build a globally competitive industry with a crude steel Emphasis on Housing for All by 2022 by the capacity of 300 MT by 2030-31 Government Increase per Capita Steel Consumption to 160 K
Slide 18: PVC Pipes Business – To Be Demerged
PVC PIPES BUSINESS – TO BE DEMERGED Plant Strategically located in Uttrakhand; with current capacity of 55,000 MTPA Strong Brand presence in the states of UP, Uttrakhand, Delhi, Haryana & Punjab Enhanced product portfolio with PVC fittings and Garden Pipes Ventured into Flexible Plastic Packaging bu
Slide 19: PVC Pipes – Product Portfolio
PVC PIPES – PRODUCT PORTFOLIO 19
Slide 20: Key Growth Drivers – PVC Business
KEY GROWTH DRIVERS – PVC BUSINESS Government thrust on Agriculture & Infrastructure Swachh Bharat Abhiyan “Affordable Housing” and “Housing for All” Higher Union Budget allocation for Irrigation sector GST to give edge to the organised players over unorganised sector 20
Slide 21: Capacity Expansion to Add Value in FY19
CAPACITY EXPANSION TO ADD VALUE IN FY19 Existing Future Total Product Location Time Line Capacity Capacity Capacity Integrated Steel Finished Raipur, 1.1 Mn Tons - 1.1 Mn Tons - Steel Chhattisgarh Champa, Sponge Iron 1.0 Mn Tons 0.40 Mn Tons 1.4 Mn Tons Mar, 2019 Chhattisgarh Champa, Steel Billets 1
Slide 22: Thank You
Thank You For more information visit: www.prakash.com 22