Asian Granito India Limited · NSE:ASIANTILES
Asian Granito India — Q2 FY2024 Earnings Presentation
31 slides from Asian Granito India's earnings presentation, Nov 8, 2023
Slide 1: Cover letter to stock exchanges: Investor Presentation
Date: 8th November, 2023 To, To Corporate Relations Department Corporate Relations Department BSE Limited National Stock Exchange of India Limited 2nd floor, P.J. Tower, Exchange Plaza, Plot No. C/1, G-Block Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai- 400 051 Company Cod
Slide 2: Q2FY2024 - Together for Strong Tomorrow
@ AGL Tiles -Marble-Quartz-Bathware Together for Strong Tomorrow
Slide 3: Investor Update for Q2 FY24
Investor Update for Q2 FY24 1) Revenue from operations for the Q2FY2024 grew to Rs. 400.9 crores, registering 20% growth over last quarter at consolidated level. In Q2 demand for GVT, Large Slab Tiles and Digital Wall Tiles improved during the quarter. . 2) Revenue from operations for the Q2FY2024 g
Slide 4: About Asian Granito India Limited - Quality Driven Tiles and Bathware Brand
About Asian Granito India Limited - Quality Driven Tiles and Bathware Brand 4th Largest Listed INR 1562.7 Cr 54.5 Mn Sqm 100+ Ceramic Tiles Company FY2023 Revenue Installed Capacity Countries Presence 6,500+ 6,000+ 14 8% Sales CAGR Touch Points Employees Plants* (FY 2013- FY 2023) • Incorporated in
Slide 5: A Journey Full of Evolution and Growth
A Journey Full of Evolution and Growth Established vitrified tiles Listed on Stock Exchanges. Commenced production of Commenced Quartz slab AGL Group was First Plant of Ceramic Floor Tiles facility at Himmatnagar with Introduced India’s largest wall tile composite marble slabs; New production; Launc
Slide 6: AGL – Consolidated Tiles Production Volume Data
AGL – Consolidated Tiles Production Volume Data Q2-FY2023 VS Q2-FY2024 6M FY2023 VS 6M FY2024 7.0 12.0 6.0 10.0 5.0 8.0 Million Sq.mtr Million Sq.Mtr 4.0 8.0 5.0 6.0 4.2 3.0 2.3 4.0 2.0 2.0 3.5 1.0 1.8 2.7 1.0 0.0 0.0 Q2FY2023 Q2FY2024 6M FY2023 6M FY2024 Own Manufacturing Subsidiary Own Manufacturi
Slide 7: AGL – Consolidated Tiles Sales Data
AGL – Consolidated Tiles Sales Data . Q2-FY2023 vs Q2-FY2024 REVENUE BREAK UP 6M FY2023 vs 6M FY2024 REVENUE BREAK UP 450.00 800.00 700.00 147.72 400.00 75.50 350.00 69.46 110.48 600.00 300.00 87.50 142.61 63.83 500.00 112.57 Rs. In Crore Rs. In Crore 250.00 400.00 200.00 300.00 150.00 252.88 256.49
Slide 8: AGL – Consolidated Marble & Quartz Production Volume Data
AGL – Consolidated Marble & Quartz Production Volume Data Q2-FY2023 VS Q2-FY2024 6M FY2023 VS 6M FY2024 0.4 0.3 0.4 0.0 0.3 0.4 0.0 0.4 0.0 Million Sq. Mtrs 0.2 Million Sq. Mtrs 0.4 0.2 0.4 0.4 0.0 0.4 0.2 0.1 0.2 0.4 0.4 0.1 0.4 0.4 0.0 0.3 Q2FY2023 Q2FY2024 6M FY2023 6M FY2024 Own Manufacturing Su
Slide 9: AGL – Consolidated Marble & Quartz Sales Data
AGL – Consolidated Marble & Quartz Sales Data . 6M FY2023 vs 6M FY2024 REVENUE BREAK UP Q2-FY2023 vs Q2-FY2024 REVENUE BREAK UP 60.00 1.00 100.00 92.25 0.90 90.00 87.72 50.00 0.80 80.00 0.70 70.00 40.00 Rs. in Crores 0.60 60.00 Rs. in Crores 30.00 0.50 50.00 50.64 0.40 45.42 40.00 20.00 0.30 30.00 0
Slide 10: AGL – Consolidated Sales Data
AGL – Consolidated Sales Data . Q2-FY2023 vs Q2-FY2024 REVENUE BREAK UP 6M FY2023 vs 6M FY2024 REVENUE BREAK UP 800.00 753.76 450.00 419.49 700.00 677.75 400.00 386.18 350.00 600.00 300.00 500.00 RS. IN CRORE RS. IN CRORE 250.00 400.00 200.00 300.00 150.00 200.00 100.00 50.64 48.48 92.25 92.01 50.00
Slide 11: AGL – Standalone Sales Data
AGL – Standalone Sales Data . Q2-FY2023 vs Q2-FY2024 REVENUE BREAK UP 6M FY2023 vs 6M FY2024 REVENUE BREAK UP 300.00 500.00 454.71 463.44 252.88 256.49 450.00 250.00 400.00 200.00 350.00 Rs. in Crore 300.00 Rs. in Crore 150.00 250.00 200.00 100.00 150.00 87.72 50.64 45.62 36.62 92.25 18.45 50.00 30.
Slide 12: Snapshot of Standalone Financial Performance - EBITDA
Snapshot of Standalone Financial Performance E B I T DA & E B I T DA M A R G I N ( % ) E B I T DA & E B I T DA M A R G I N ( % ) 13.0 4.0 25.0 4.0 3.6 3.7 12.5 3.5 3.5 3.0 20.0 3.0 3.0 12.0 2.6 2.5 2.5 15.0 11.5 2.0 2.0 11.0 1.5 10.0 1.5 10.5 1.0 1.0 5.0 10.0 0.5 0.5 10.7 12.4 23.0 16.2 9.5 0.0 0.0
Slide 13: Snapshot of Standalone Financial Performance - PBT
Snapshot of Standalone Financial Performance PBT & PBT Margin (%) PBT & PBT MARGIN (%) Q2FY2023 Q2FY2024 6M FY2023 6M FY2024 14.0 4.5 21.0 4.0 3.9 4.0 20.5 12.0 3.3 3.5 3.5 20.0 3.3 3.1 10.0 3.0 19.5 3.0 8.0 19.0 2.5 18.5 2.5 6.0 2.0 18.0 1.5 2.0 4.0 17.5 1.0 17.0 2.0 1.5 0.5 16.5 10.9 13.2 20.5 20.
Slide 14: Snapshot of Standalone Financial Performance - PAT
Snapshot Of Standalone Financial Performance PAT & PAT MARGIN (%) PAT & PAT MARGIN (%) Axis Title Axis Title 6M FY2023 6M FY2024 Q2FY2023 Q2FY2024 20.0 4.0 8.7 8.7 3.0 19.0 8.7 3.5 2.5 2.5 2.5 18.0 8.6 17.0 2.0 3.0 16.0 8.6 16.0 2.6 8.5 1.5 15.0 2.5 14.1 8.4 14.0 2.2 8.5 1.0 2.0 13.0 8.4 12.0 0.5 1.
Slide 15: AGL is One Stop Solution for Luxury Surfaces and Bathroom Solutions
AGL is One Stop Solution for Luxury Surfaces and Bathroom Solutions Asian Granito India Limited (AGL) Tiles and Slabs Marble & Quartz Sanitaryware & Fittings AGL OWN PLANTS AGL OWN PLANTS AGL OWN PLANTS • Dalpur (GVT and Wall) • Dalpur (Marble) • Currently being sourced from • Dholka (Wall) • Dalpur
Slide 16: Manufacturing Locations Details with Capacity
Manufacturing Locations Details with Capacity Ahmedabad Head Office Production Capacity (MSM) S.N. Product Type Himmat Morbi Idar Dholka Mehsana Total nagar Mehsana Idar 1 Digital Wall Tile 11.23 11.23 Himmatnagar Head Office 2 Ceramic Wall Tiles 2.97 2.31 5.27 3 Ceramic Floor Tiles 2.84 2.84 Morbi
Slide 17: Manufacturing Facilities
Manufacturing Facilities AGL Dalpur Plant (Wall Tiles) AGL Dalpur Plant (GVT) AGL Dalpur Plant (Marble & Quartz) AGL Idar Plant (Floor Tiles) AGL Dholka Plant (Wall Tiles) OWN PLANTS Amazoone Dalpur Plant (Floor Tiles) Crystal Mehsana Plant (DC & GVT) GRESART Morbi Plant (Digital Wall Tile) Future C
Slide 18: AGL Product Portfolio
AGL PRODUCT PORTFOLIO 477 1621 82 762 126 1100 SKUs SKUs SKUs SKUs SKUs SKUs Ceramic Wall Tiles Polished Vitrified Glazed Vitrified Marble & Quartz Bathware /Porcelain Floor Tiles & DC Tiles Tiles 1. 300x300 1. 300x300 1. Quartz 1. 300x600 Sanitary 2. 397x397 2. 300x450 1. 600x600 3100x1400- 81 2. 6
Slide 19: New Launched Products
New Launched Products 800X1200MM 800 X 2600MM 1200 X 2800MM - 3100 X 1400MM IRIDIUM & VELVET SERIES 600x600mm -12mm 15MM 6MM Signature Quartz - Robotech 1200x1800 & 800x1600 Parking Tiles 18
Slide 20: Enhancement of Brand Visibility and Global Go-to-Market Expansion
Enhancement of Brand Visibility and Global Go-to-Market Expansion Brand Visibility Enhancement Further Expansion of Domestic Expand International Presence through New Age Means Touch Points through Strategic Planning • Expand exclusive showrooms • Add new dealerships and • Expand and leverage Social
Slide 21: Digital Contents in Episodes
Digital Contents in Episodes 20
Slide 22: Footprint Across India
Footprint Across India Company Owned 11 Display Centres Touch 6,500+ Points States and UTs 35 Reached Distributors, Dealers 2,700+ & S-Dealers Countries 100+ Exports Exclusive 235 Franchise 21
Slide 23: Multi-model approach to reach each corner of the country and across the world
Multi-model approach to reach each corner of the country and across the world Distributor Dealer Franchise Own Network Network Network Display Centres 11 Company 67 Distributors 2,700 Dealers and 235 Exclusive AGL Owned Display across 14 states and Sub-Dealers across Franchise Partners union territo
Slide 24: Updates about development in Subsidiary Operations
Updates about development in Subsidiary Operations • Future Ceramic Pvt. Ltd., our wholly-owned subsidiary, a new manufacturing facility has commenced it’s commercial operation from 01st July, 2023 dedicated to producing high-value large-format glazed vitrified tiles (GVT). With a substantial invest
Slide 25: AGL Expansion Details
AGL Expansion Details • AGL Surfaces INC is a Company which has been formed as Wholly Owned Foreign Subsidiary of M/s Asian Granito India Limited with an object to undertake selling & marketing activity of its quartz products in USA. • Company has incorporated Wholly Owned Subsidiary Company at Shar
Slide 26: Statement of Profit & Loss
Statement of Profit & Loss Particulars (INR in crores) Consolidated Standalone Q2FY24 Q2FY23 6MFY24 6MFY23 Q2FY24 Q2FY23 6MFY24 6MFY23 Revenue from operations 400.9 397.8 735.7 707.8 341.4 351.7 634.1 615.3 Cost of material consumed 70.2 66.7 128.4 120.4 32.8 44.3 73.8 86.9 Purchase of stock in trad
Slide 27: AGL – Consolidated & Standalone – Balance Sheet (Equity & Liabilities)
AGL – CONSOLIDATED & STANDALONE – BALANCE SHEET . Balance Sheet Consolidated Standalone Equity & Liabilities (Rs. Crs.) Q2FY24 FY23 Q2FY24 FY23 Equity share capital 126.7 126.7 126.7 126.7 Other Equity 1,150.4 1,129.3 1,132.6 1,094.3 Total Equity 1,276.8 1,256.1 1,259.3 1,221.0 Non Controlling Inter
Slide 28: AGL – Consolidated & Standalone – Balance Sheet (Assets)
AGL – CONSOLIDATED & STANDALONE – BALANCE SHEET . Particulars Consolidated Standalone Assets (Rs. Crs.) Q2FY24 FY23 Q2FY24 FY23 Property, plant and equipment 724.0 563.0 232.4 238.4 Capital work in progress 48.5 176.9 - - Right of use assets 10.2 10.1 9.7 9.5 Investment properties 0.5 0.5 0.5 0.5 Ot
Slide 29: Shareholding Pattern Chart
Shareholding Pattern Chart ASIAN GRANITO INDIA LIMITED AGL INDUSTRIES AMAZOONE CRYSTAL CERAMIC GRESART FUTURE CERAMIC AGL AGL SURFACES AGL SURFACES HARMONY LIMITED CERAMICS LIMITED INDUSTRIES CERAMICA PRIVATE LIMITED SANITARYWARE PRIVATE LIMITED INC. USA SURFACES MARBLES PRIVATE LIMITED TRADING LLC
Slide 30: About Asian Granito India Limited
About Asian Granito India Limited Established in the year 2000, Asian Granito India Ltd. (AGL) has emerged as India's leading Luxury Surfaces and Bathware Solutions brand in a short span of two decades. The Company manufactures and markets a wide range of Tiles, Engineered Marble and Quartz, Sanitar
Slide 31: Thank You
THANK YOU 30
Asian Granito India — Q2 FY2024 Earnings Presentation on 6ix