Somany Ceramics Limited · NSE:SOMANYCERA
Somany Ceramics — Q3 FY2015 Earnings Presentation
16 slides from Somany Ceramics's earnings presentation, January 2015
Slide 1: Q3/9M'FY15 Investor Update
SOMANY CERAMICS LIMITED Q3/9M’FY15 – Investor Update January, 2015
Slide 2: Key Industry highlights
Key Industry highlights Improving focus on infrastructure, housing for all, Swachh Bharat Abhiyan provide ample opportunities over a long term period Easing Interest rates bode well for Infrastructure, Real Estate sector; Building materials sector likely to witness pickup in volumes Gas prices
Slide 3: Quarterly overview
Quarterly overview • Q3’FY15 tiles sales volume at 10.18 msm vs. 8.54 msm, a growth of 19% YoY Operational • 9m’FY15 tiles sale volume at 29.77 msm vs. 26.02 msm, a growth of 14% YoY Performance • Sales in 9m’FY15 – Own manufacturing (40%), JV (38%) and Others (22%) • Net Sales increased by 31% YoY
Slide 4: Quarterly overview
Quarterly overview Exports for the quarter stood at Rs. 19.24 cr up by 223% Geographical Sales – North (39%), South (28%), West (11%), East (17%), Exports (5%) Sanitaryware and bath fittings sales at Rs. 17.72 cr up by 47% 4
Slide 5: Recognition at ABLS, 2014
Recognition at ABLS, 2014 Asian Brand and leadership Summit (ABLS), 2014 honored our company with Asia’s Most Promising Brand Award in Buildings Material Category. Our Joint Managing Director – Mr. Abhishek Somany was received award for one of Asia’s Most Promising Leader. 5
Slide 6: 'Zindagi ko chamakne do' – Our Latest TVC
‘Zindagi ko chamakne do’ – Our Latest TVC Click here to view Ad Click here to view Ad Click here to view Ad TV Commercials to help ‘Brand Somany’ connect with consumers and improve Brand Perception 6
Slide 7: Sales Performance (Gross)
Sales Performance (Gross) Q3’FY15 vs Q3’FY14 9m’FY15 vs 9m’FY14 +25% 1,117 +28% 894 386 442 301 141 Own 446 Manufacturing Own 161 420 Manufacturing 165 JV 149 JV 48 Others 299 255 Others 93 80 Q3FY14 Q3FY15 9mFY14 9mFY15 Figures in Rs. cr 7
Slide 8: Volume Performance (Tiles)
Volume Performance (Tiles) Q3’FY15 vs Q3’FY14 9m’FY15 vs 9m’FY14 +14% 29.77 +19% 26.02 10.18 13.08 8.54 Own 13.45 4.21 Manufacturing Own 4.82 Manufacturing JV 2.98 10.11 3.97 JV 0.91 Others 9.59 Others 2.81 6.58 2.00 Q3FY14 Q3FY15 9mFY14 9mFY15 Figures in mn sq mtr 8
Slide 9: Q3/9M'FY15 Profit & Loss
Q3/9M’FY15 Profit & Loss Particulars Q3’FY15 Q3’FY14 Growth 9m’FY 15 9m’FY 14 Growth Net Sales 371.18 283.54 30.9% 1069.72 845.33 26.5% EBIDTA 26.77 17.43 53.6% 73.41 55.70 31.8% Depreciation 5.64 5.73 -1.6% 16.29 16.45 -1.0% Finance cost 4.12 4.58 -10.0% 11.55 13.83 -16.5% Profit before tax 17.01 7
Slide 10: Debt Management
Debt Management Working Capital Days* Leverage Ratio -23% 70 1.9 -13% 54 1.5 -21% 47 1.2 -8% 37 34 0.8 0.7 FY’11 FY’12 FY’13 FY’14 H1’FY15 FY’11 FY’12 FY’13 FY’14 H1’FY15 *excludes Current Investment of Rs. 37 cr in F’Y14 and Rs. 34.78 cr in H1’FY15 10
Slide 11: Historical Profit & Loss Statement
Historical Profit & Loss Statement Particulars FY’11 FY’12 FY’13 FY’14 Net Sales 708 870 1,046 1,253 EBIDTA 68 75 87 84 Depreciation 17 18 20 22 Finance cost 17 21 20 18 Profit before tax 34 36 47 44 Tax expenses 10 11 15 16 Profit after tax 23 25 32 28 Cash Profit 43 43 53 51 EPS (Rs.) 6.79 7.17 9.
Slide 12: Historical Balance Sheet
Historical Balance Sheet Particulars FY’11 FY’12 FY’13 FY’14 H1’FY15 Equity Share 7 7 7 8 8 Capital Reserves & Surplus 96 117 144 213 230 Net Worth 102 124 151 221 238 Total Debt 191 181 176 170 166 Net Block 176 194 209 219 226 Investments 2 6 9 22 22 Net Current Assets 137 128 133 165 165 Standalo
Slide 13: Key Strengths
Key Strengths • Committed to value enhancement by adopting asset light model and increasing share of value add products • 1st in the Indian Tile industry to have Government recognized R&D facilities, thereby giving credibility to ‘Brand Somany’ • Long term firm contract with GAIL, GSPC and IOC for s
Slide 14: Strategically building a sustainable growth path
Strategically building a sustainable growth path 6 Export Markets 5 Increase exports to Increase Branding newer geographies Sustainable Business Growth and marketing efforts 4 Improving recall of Improvement in Product Mix ‘Brand Somany’ Increase spend to 2- 2.5% of Sales Focus on high value
Slide 15: Disclaimer
Disclaimer The information contained herein has been prepared to assist prospective investors in making their own evaluation of the Company and does not purport to be all-inclusive or to contain all of the information a prospective or existing investor may desire. This Information may include certai
Slide 16: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : Somany Ceramics Ltd. Strategic Growth Advisors Pvt. Ltd. CIN - L40200DL1968PLC005169 CIN - U74140MH2010PTC204285 Mr. R. K. Lakhotia, VP – Finance Mr. Shogun Jain/Ms. Sanjita Ghosh fin@somanytiles.co.in jshogun@sgapl.net