Visaka Industries Ltd. · NSE:VISAKAIND
Visaka Industries — Q2 FY2022 Earnings Presentation
70 slides from Visaka Industries's earnings presentation, Nov 11, 2021
Slide 1: Exchange filing cover letter
® ---------VISAKA INDUSTRIES LIMITED __ c_IN_:L_52_52_0T_G_19_81_PLC_O_03_07_2_ CORP OFF: "VISAKA TOWER", 1-8-303/69/3, S.P. ROAD, SECUNDERABAD - 500 003. TEL: +91-40-2781 3833,2781 3835, www.visaka.co E-mail: vil@visaka.in Ref: VILISEC/ST-EX/Presentation/2021-22/33 Date 11.112021 To , National Stoc
Slide 2: Quarter Two FY2021-22 VIL Corporate Presentation
Quarter Two FY2021-22 VIL Corporate Presentation
Slide 3: Safe Harbour
This Information Package is distributed by Visaka changes or modifications (including discontinuance) in Industries Ltd. on a strictly confidential basis for forward looking statements in this Information information only. This Information Package should not Package. Certain visual representations o
Slide 4: Table of Contents
Contents Table of 01 02 CORPORATE 03 KEY HIGHLIGHTS SUSTAINABILITY OVERVIEW 04 05 PERFORMANCE FINANCIAL HIGHLIGHTS - HIGHLIGHTS STANDALONE
Slide 5: Key Highlights
01 Key Highlights
Slide 6: Q2 Results announcement
VISAKA INNOVATE SUSTAINABILITY We're very happy to announce our Q2 Results! We'd like to thank the entire Visaka family for their hard-work, this quarter. (Rs In Crores) ® v Total Revenue Profit Before Tax Net Profit (Rs In Crores) y £ \ v Total Revenue Profit Before Tax Net Profit
Slide 7: Key Highlights for Q2FY22
Key Highlights for Q2FY22 REVENUES for Q2FY22 Rs. 2923 Mn, up 29% YoY REVENUES for H1FY22 Rs. 6413 Mn, up 25% YoY EBITDA margin for Q2FY22 stood at 15%, down 400 bps YoY EBITDA margin for H1FY22 stood at 17.2%, down 300 bps YoY DEBT TO EQUITY Ratio maintained at 0.25x INTEREST Coverage ratio as of Q
Slide 8: Management Commentary
• Launched Electric Vehicles charging stations at 11 locations pan- country. • Robust performance in V-next board segment, as indicated and guided in previous quarters, hope to improve further Management • Inflation has been prevalent but seems transitionary and has affected the margins. Commentary
Slide 9: Corporate Overview
Corporate — , Overview =
Slide 10: At a glance
At a glance Growing strong since past 40 years 13 Manufacturing Plants 4000+ Employees 1150 + crore turnover Public listed company
Slide 11: Shareholding
Shareholding % Holding Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Promoters 44.50% 45.85% 45.85% 45.85% 45.85% Non-Institutions 54.18% 52.81% 51.28% 48.97% 48.52% Institutions 1.32% 1.34% 2.87% 5.18% 5.63% Total 100% 100% 100% 100% 100%
Slide 12: Accolades and Awards
Accolades and Awards Construction World Top Challenger Award 2021
Slide 13: Accolades and Awards
Accolades and Awards Most Promising Women Leaders- Femina Visaka Industries Ltd. as a group had been recognised and awarded as one of ‘The Most Trusted Brands of India 2021’ by CNBC TV18.
Slide 14: Accolades and Awards
Accolades and Awards • Silver Winner-Spot light awards by LACP -Under Category Annual Report for 2011-12 • Awareness Centre of Environment- World Environment day – 2006 • AP Distinguished industrial award from Exhibition Society in the year 2003. • The Exhibition Society – AP Distinguished Industria
Slide 15: Key Management
Key Management SHRI. DR G. VIVEKANAND Chairman SMT. G. SAROJA An MBBS graduate from Osmania University and a VIVEKANAND former Member of Parliament is Managing Director a first-generation entrepreneur playing a pivotal role in the She has been on the company growth. It is under his board of the comp
Slide 16: Shri. G. Vamsi Krishna
SHRI. G. VAMSI KRISHNA Joint Managing Director He is a science graduate from Purdue University, USA. He joined Visaka in June 2010 as a management trainee and was later promoted as Chief Business strategist then as whole-time director and he is currently joint managing director. He spearheaded the g
Slide 17: Diversified Product Portfolio
Fibre Cement Roofs Est: 1981 Diversified Product Portfolio: 4 Product Lines Fibre Cement Boards Wonder Yarn Est: 2008 Est: 1991 Integrated Solar Roof Est: 2018
Slide 18: ATUM integrated solar roof
A brainchild of Mr Vamsi Gaddam, ATUM is the much- needed solution in renewable energy space that is both, a roof and solar panel, designed to meet consistent energy demands in a sustainable manner. ATUM is an integrated solar roof and an alternative to the conventional retrofit solar systems. This
Slide 19: Traditional Solar Roof vs Integrated ATUM Solar Roof
Integrated ATUM Solar Roof Traditional Solar Roof Metal Roof Toughened Glass Traditional Solar Panel Solar Cells FC BOARD Clamping Mechanism
Slide 20: Distinctive Advantages
Distinctive ATUM is Solar Cells embedded into Fibre Cement Boards making it a composite Solar Roof with unmatched Advantages mechanical properties Withstands Can withstand Hail and Snow Hurricanes Leakproof Tagged Hurricane Proof Roofing by Lean maestro. Certified by Can withstand UL. 250kmph. Class
Slide 21: ATUM leakproof and load features
• 100% Leakproof for lifetime. • Leakproof industrial Grade Sealant and Aluminum profiles. • Panel Jointing has been designed to withstand 200kmph speed unlike the conventional fragile clamps. • Can withstand 300 kg/sqm live load • Wind load resistance of above 250kmph are possible.
Slide 22: ATUM Solar Factory
ATUM Solar Factory Manufacturing Unit of ATUM • Current Manufacturing Capacity: 30 MV • ATUM Panels are made using power produced by ATUM Roof • This is a Net Zero Building • Oldest plant with generation data of 2 years
Slide 23: Innovator Sonam Wangchuk and Indian Army
Innovator Sonam Wangchuk and Indian Army • 5kW Roof and Mud Walls • Being tested for superior thermal insulation in Ladakh • Energy Savings from thermal Insulation
Slide 24: 35kW Yoga Training Center
35kW-Yoga Training Center • Mumbai,Virar • D Atlantis Resort • Gives 3500 Sft floor area. • Equivalent to planting 700 trees
Slide 25: 40kW Rainbow Hospitals
40kW- Rainbow Hospitals • One of the many hospitals who created extra roof using ATUM thereby making usable real estate out of an empty terrace while producing power at the same time.
Slide 26: Netmagic Data Centre
Netmagic Data Centre • Located in Mumbai • Data centers are power guzzlers
Slide 27: Srinithi Foods
Srinithi Foods 215kW- Food Processing Unit • Located in Chennai • 13000 Sft Roofing • Saves 1000 units per day • Equivalent to planning 4000 trees
Slide 28: Affordable Housing
Affordable Housing • Under Proto Deployment in City of San Jose • All materials used are made of IGBC certified Cement Fiber Board of Visaka • Roof is made of ATUM Solar Entire Home Paid Bach in 6 years
Slide 29: Needlab eco-friendly house at UN-HABITAT assembly
We have collaborated with Needlab to create a self-sustainable and an eco-friendly house at the UN-HABITAT assembly in Nairobi.
Slide 30: Unique Product. Immense Possibilities.
Unique Product. Immense Possibilities.
Slide 31: Salient Features
Products with Lowest Carbon Emissions in the Industry Only 36kgs of CO2 emissions per One MT of Vnext boards production. Salient Which is about 30 times lesser than Conventional Building Features Materials Environment Asbestos Fire Water Excellent Sound Highly flexible Low thermal Termite Insulation
Slide 32: Shelves, Wardrobes, Kitchen Cabinets
Shelves Wardrobes Kitchen Cabinets
Slide 33: Sound Insulated Walls and Partitions
Sound Insulated Walls in Theatres Cabins/Partitions in Industries
Slide 34: Mezzanine flooring installation
Slide 35: G+2 Hostel Kolkata, LGSF house
G+2 Hostel Kolkatta, ISB&M G+1 floor LGSF house
Slide 36: Roof Underlay Cladding
Roof Underlay Cladding
Slide 37: T-grid False Ceilings, Duct covering and Planks
T-grid False Ceilings Duct covering and Planks
Slide 38: The Game Changer
The Game Changer The global fraternity of architects, project management consultants, and interior designers, all of whom we work with endorse fibre cement boards. Made to combat the cons of boards made from plywood and gypsum, fibre cement boards provide resistance against three significant threats
Slide 39: Vpanel and Vpremium
Vpanel Instant dry wall Used for ✓ Internal Walls ✓ External Walls ✓ Prefabricated Structures Vpremium ✓ Compound Walls ✓ Construction Site Office Heavy duty board ✓ Security Cabins Used for ✓ External Cladding ✓ CNC Cutting ✓ Roof Underlay ✓ Duct Covering ✓ Wet Area Applications
Slide 40: Vplanks and Vboards
Vplanks Tough inside, beautiful outside! Used for ✓ External Cladding Vboards ✓ Facades ✓ Duct Covering ✓ Compound Wall ✓ Garden Fencing Quick, affordable, and durable ✓ Gate Cladding construction with Fiber Cement Boards Used for ✓ Kitchen Cabinets and Shelves ✓ Internal Wall Paneling ✓ False Ceili
Slide 41: Product Line
Product Line
Slide 42: Designer Variants
Designer Variants Vnext Sandstone Vnext L&H Vnext - O Vnext Plank Vnext Stone VnextWave
Slide 43: Vnext market position and capacity utilisation
Market Position: 1st Market Share: 32% Capacity Utilisation FY20 FY21 Q2FY21 Q1FY22 Q2FY22 Installed Capacity in MT 129750 189750 189750 189750 189750 Capacity Utilisation % 76% 71% 70% 74% 94% Sales Growth FY20 FY21 Q2FY21 Q1FY22 Q2FY22 Sales (Rs Cr.) 196 203 51 55 70 Products with Lowest Carbon Em
Slide 44: Subsistence Is Sustainable
Subsistence Is Sustainable ‘The Wonder Yarn’, founded in 1992, is a sustainable yarn produced by recycling used PET bottles. This has helped the company to get to an international presence with its progressive ideology and technology. We are in line with the United Nations Conference on Sustainable
Slide 45: Wonder Yarn market position
Since 1992 used in wide range of Applications Market Position: 1st • Replaced cotton yarn for table napkins in UK and US • Replaced Cotton Yarns and Market Share: 50% Twisted Filament yarns for upholstery fabrics in Belgium • Matt like finish used exclusively Capacity FY20 FY21 Q2FY21 Q1FY22 Q2FY22
Slide 46: Cement Fibre Roof
Cement Fibre Roof With 8 plants across India and a total capacity at 8 lakh tons, we are one of the topmost AC roofing sheets brand in the country. FIBRE CEMENT ROOF
Slide 47: Fibre cement roof market position
40 years of core experience Market Position: 2nd Market Share: 18% Capacity Utilisation FY20 FY21 Q2FY21 Q1FY22 Q2FY22 Installed Capacity in MT 802000 802000 802000 802000 802000 Capacity Utilisation % 80% 89% 65% 113% 72% Sales Growth FY20 FY21 Q2FY21 Q1FY22 Q2FY22 Sales (Rs Cr.) 626 791 150 257 16
Slide 48: Three new brands to launch in 2021-22
Solar powered Electric Vehicle charging CHARGE stations 2021-22 will witness the A retail outlet offering fully launch of sustainable, green products three promising brands Offers services to handle turnkey building projects
Slide 49: ATUMCharge EV charging station
CHARGE ATUMCharge is a self-sustaining solar powered Electric Vehicle charging station which will be set up across India, and elsewhere in the world, to support the movement to promote the use of electric vehicles. ATUM Solar Roof, with its clean and green power, will allow the entire electric vehic
Slide 50: ATUMCharge locations
CHARGE Click to here watch the ATUM Charge video presentation LOCATIONS: • Hyderabad, Telangana • Miryalguda, Telangana • Pune, Maharashtra • Baramati, Maharashtra • Nagpur, Maharashtra • Vijayawada, Andhra Pradesh • Rae Bareilly, Uttar Pradesh • Jhajjar, Haryana • Sambalpur, Odisha • Tumkur, Karnat
Slide 51: ATUMLife retail stores
ATUMLife is Visaka's chain of retail stores which will offer fully sustainable, eco-friendly, green products. A one-stop-shop for sustainable products, ATUM Life will deal with Vnext sustainable building material, ATUM solar roof, eco-friendly apparel made with sustainable yarn, organic detergents,
Slide 52: Vnext solutions: expert teams, expert solutions
Expert teams. Expert solutions. Vnext solutions aims at offering turnkey solutions for a wide range of building requirements ranging from pre-fabricated buildings to interior furniture requirements. All the solutions offered aim at using only sustainable products, making this a one-of-its-kind offer
Slide 53: Indicative Map of India
40-year-old legacy of humble beginnings followed by rapid growth in last two decades Fibre Cement Roof Plants Andhra Pradesh Telangana Tamil Nadu Karnataka West Bengal Odisha Uttar Pradesh Maharashtra Vnext Plants Telangana Maharashtra Haryana Indicative Map of India ATUM Telangana Yarn Maharashtra
Slide 54: Global Sales Presence
Global Sales Presence Exports to 30+ countries 7,000 + strong dealer network
Slide 55: Sustainability
03 Sustainability
Slide 56: Ability. Responsibility. Sustainability.
Ability. Responsibility. Sustainability. Sustainability in business is more an opportunity than a threat – Joseph Halt
Slide 57: GRI Sustainability Report
GRI Sustainability Report At Visaka, our commitment to build Sustainability at VIL is at core of the lives of the people and protect our products and operations. the environment serves as the basis From our search for alternate of our product offerings, operations raw mater that are environment and
Slide 58: Performance Highlights - Standalone
Performance 04 Highlights- Standalone
Slide 59: Result Snapshot
Result Snapshot Q2FY22 Q2FY21 Change Q1FY22 Change H1FY22 H1FY21 Change Building Products - Sales MT 187144 163489 14.5% 261044 -28.3% 448188 389981 14.9% Spinning - Sales Mt 2269 1388 63.5% 1437 57.9% 3707 2124 74.5% Segment Mix Rs.Lacs Building Products 2411.09 2,019.04 19.4% 3193.75 -24.5% 5,605
Slide 60: Quarterly Financial Highlights
Quarterly Financial Highlights Operating Revenue (₹ mn) EBITDA (%) PAT (₹ mn) 29.2% -400 bps 6.7% 19 238 2923 15 2262 223 Q2FY21 Q2FY22 Q1FY21 Q1FY22 Q2FY21 Q2FY22
Slide 61: Yearly Financial Highlights
Yearly Financial Highlights Operating Revenue (₹ mn) EBITDA (%) PAT (₹ mn) 125 % 9.1% 663 bps 11462 17.6 1106.5 11 492.9 10504 FY20 FY21 FY20 FY21 FY20 FY21
Slide 62: Quarterly Segment Mix
Quarterly Segment Mix Building Product Revenues (₹ mn) Building EBIT (₹ mn) 3000 3194 613 620 2719 2358 2411 392 447 1756 1885 2019 390 1745 323 79 126 100 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Synthetic Revenues
Slide 63: Yearly Segment Mix
Yearly Segment Mix Building Product Revenues (₹ mn) Building EBIT (₹ mn) 10096 1842 8420 9159 8346 1354 1221 712 943 5605 FY18 FY19 FY20 FY21 H1 FY22 FY18 FY19 FY20 FY21 H1 FY22 Synthetic Revenues (₹ mn) Synthetic EBIT (₹ mn) 2205 2158 1703 1366 281 224 80 808 109 31 FY18 FY19 FY20 FY21 H1 FY22 FY18
Slide 64: Product Revenues Mix
Product Revenues Mix Cement Asbestos (%) Fibre Board & Panels (%) Textiles - Synthetic Yarns (%) 71 21 21 69 20 19 69 68 19 19 18 67 17 66 17 15 16 65 14 15 11 12 13 60 Revenue share dip with lower demand off-take Diversified Product Portfolio – A shift from Asbestos based Revenues
Slide 65: Financial Highlights
05 Financial Highlights
Slide 66: Operational Metrics Quarterly
Operational Metrics Quarterly Operational Metrics (INR mn) Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Segmental revenues Building Products 1,755.6 1,884.9 1,745.2 2,718.9 2,019.0 2,357.8 3,000.0 3,193.8 2,411.1 Synthetic Yarn 528.6 529.6 531.9 133.0 242.8 449.1 541.5 296.9 511.5
Slide 67: Profit & Loss Statement Quarterly
Profit & Loss Statement Quarterly Profit & Loss (INR mn) Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Income from Operations 2,284.1 2,414.4 2,277.1 2,851.9 2,261.8 2,806.9 3,541.5 3,490.6 2,922.6 Other Income 20.3 14.3 16.7 15.6 24.3 21.8 24.2 21.1 20.4 Total Income 2,304.5 2,428.
Slide 68: Balance Sheet and Ratios
Balance Sheet and Ratios Balance Sheet (INR mn) FY18 FY19 FY20 FY21 Share capital 159.2 159.2 159.2 165.2 Reserves and Surplus 4297.4 4835.8 4890.9 6104.0 Non-current liabilities 1090.4 982.9 1001.3 893.4 Current liabilities 3298.3 3283.2 3383.7 2324.5 Total Equity and Liabilities 8845.3 9261.1 9435
Slide 69: Why Visaka?
Young Leadership 40+ Years of Unique Experience Products Why Visaka? Proven Robust Performance Financials Sustainability is the Future
Slide 70: Thanks
Thanks Investor Relations Contact Mr Vinay Bathija (IR) Mr S Shafiullah (CFO) vinay.bathija@visaka.in shafi.singanamala@visaka.in