Visaka Industries Ltd. · NSE:VISAKAIND
Visaka Industries — Q1 FY2023 Earnings Presentation
73 slides from Visaka Industries's earnings presentation, Aug 6, 2022
Slide 1: Submission letter to stock exchanges
Ref: VILSTEX/Presentation/FY2023/42 Date: 06.08.2022 To, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, 5th Floor, The Senior General Manager, Plot No. C/1G Block, Bandra Kurla Complex, Bandra Listing Compliances, Floor 25, P. J. Towers, Dalal (East), Mumbai – 400 051 Street,
Slide 2: Q1 FY2023 VIL Corporate Presentation
Q1 FY2023 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: Management commentary on Q1 FY23
• Looking at sustainable growth in demand of Vnext Board segment, we announce to set-up our 5th plant at West Bengal, with an installed capacity of 72000 Mts • Robust performance in V-next Boards segment, volumes (in MT) for Q1FY23 increased by 62% over Q1FY22 and 7% over Q4FY22, also exports of Vne
Slide 7: Key Highlights for Q1FY23
Key Highlights for Q1FY23 OPERATING REVENUES for Q1FY23 Rs. 4792 Mn, up 37% YoY OPERATING REVENUES for FY22 Rs. 14,158 Mn, up 24% YoY EBITDA margin for Q1FY23 stood at 14% EBITDA margin for FY22 stood at 15%, DEBT TO EQUITY Ratio maintained at 0,28x for FY22 INTEREST Coverage ratio as of Q1FY23 impr
Slide 8: Corporate Overview
Corporate — , Overview =
Slide 9: At a glance
At a glance Growing strong since past 40 years 4 distinct business segments 16 Manufacturing Plants 1400 + crore turnover Public listed company
Slide 10: Shareholding
Shareholding % Holding Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Promoters 45.85% 45.85% 45.85% 45.85% 48.36% 48.36% Non-Institutions 51.28% 48.97% 48.52% 48.47% 46.04% 46.14% Institutions 2.87% 5.18% 5.63% 5.68% 5.60% 5.50% Total 100% 100% 100% 100% 100% 100%
Slide 11: Accolades and Awards
Accolades and Awards Construction World Top Challenger Award 2021 Achieved 24th position in BW Businessworld India’s Most Sustainable Companies, 2021-22
Slide 12: 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 13: 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 14: 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 15: Shri. G. Vamsi Krishna, Joint Managing Director
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 16: 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 17: ATUM integrated solar roof, patented
PATENTED IN INDIA, SOUTH AFRICA AND USA 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 co
Slide 18: Integrated ATUM Solar Roof vs Traditional Solar Roof
Integrated ATUM Solar Roof Traditional Solar Roof Metal Roof Toughened Glass Traditional Solar Panel Solar Cells FC BOARD Clamping Mechanism
Slide 19: 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 20: Leakproof and wind load features
• 100% Leakproof for lifetime. • Leakproof industrial Grade Sealant and Aluminum profiles. • Panel Jointing has been designed to withstand 250kmph speed unlike the conventional fragile clamps. • Can withstand 300 kg/sqm live load • Wind load resistance of above 250kmph are possible.
Slide 21: 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 22: 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 23: 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 24: Netmagic Data Centre, Railway Station
Netmagic Data Centre • Located in Mumbai • Data centers are power guzzlers Railway Station • Located in Bengaluru • Governments leading the way
Slide 25: 35kW-Yoga Training Center
35kW-Yoga Training Center • Mumbai,Virar • D Atlantis Resort • Gives 3500 Sft floor area. • Equivalent to planting 700 trees
Slide 26: 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 Back in 6 years
Slide 27: Collaboration with Needlab 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 28: Unique Product. Immense Possibilities.
Unique Product. Immense Possibilities.
Slide 29: 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 30: Shelves, Wardrobes, Kitchen Cabinets
Shelves Kitchen Cabinets Wardrobes
Slide 31: Sound Insulated Walls and Cabins/Partitions
Sound Insulated Walls in Theatres Cabins/Partitions in Industries
Slide 32: Slide 32
Slide 33: Mezzanine flooring and back lining with Vnext Boards
Mezzanine flooring done with V Next Boards Back lining done with V Next Boards
Slide 34: Virat Kohli's Restaurant with Vnext
Virat Kohli’s Restaurant with Vnext
Slide 35: Slide 35
Slide 36: G+2 Hostel Kolkata, ISB&M; G+1 LGSF house
G+2 Hostel Kolkatta, ISB&M G+1 floor LGSF house
Slide 37: Elevation Cladding
ELEVATION CLADDING Adithya Belmont Greene villas
Slide 38: Roof Underlay Cladding
Roof Underlay Cladding
Slide 39: T-grid False Ceilings, Duct covering and Planks
T-grid False Ceilings Duct covering and Planks
Slide 40: 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 41: 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 42: 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 43: Product Line
Product Line
Slide 44: Designer Variants
Designer Variants Vnext Sandstone Vnext L&H Vnext - O Vnext Plank Vnext Stone VnextWave
Slide 45: Vnext: Market Position 1st, Market Share 32%
Market Position: 1st Market Share: 32% Capacity Utilisation FY21 FY22 Q1FY22 Q4FY22 Q1FY23 Installed Capacity in MT 189750 239750 189750 239750 239750 Capacity Utilisation % 71% 76% 72% 86% 92% Revenue Growth FY21 FY22 Q1FY22 Q4FY22 Q1FY23 Sales (Rs Cr.) 203 287 55 85 96 Products with Lowest Carbon
Slide 46: 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 47: Wonder Yarn: Market Position 1st, Market Share 50%
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 for high-end shirting and feather light
Slide 48: Cement Fibre Roof
Cement Fibre Roof With 8 plants across India and a total capacity at 9 lakh tons, we are one of the topmost AC roofing sheets brand in the country. FIBRE CEMENT ROOF
Slide 49: Fibre cement roof: Market Position 2nd, Market Share 18%
40 years of core experience Market Position: 2nd Market Share: 18% Capacity Utilisation FY21 FY22 Q1FY22 Q4FY22 Q1FY23 Installed Capacity in MT 802000 802000 802000 802000 902000 Capacity Utilisation % 89% 96% 113% 112% 113% Revenue Growth FY21 FY22 Q1FY22 Q4FY22 Q1FY23 Sales (Rs Cr.) 791 854 257 24
Slide 50: Upcoming launches: ATUM Charge and retail outlet
Solar powered CHARGE Electric Vehicle charging stations 2021-22 will A retail outlet offering fully witness the sustainable, green products launch of promising brands Offers services to handle turnkey building projects
Slide 51: ATUMCharge solar EV charging station
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 vehicle char
Slide 52: ATUM Charge stations already opened
ATUM CHARGE CHARGE 251 charging stations already opened Some locations as below: • Hyderabad, Telangana • Mumbai, Maharashtra • Miryalguda, Telangana • Pune, Maharashtra • Baramati, Maharashtra • Nagpur, Maharashtra • Vijayawada, Andhra Pradesh • Rae Bareilly, Uttar Pradesh • Jhajjar, Haryana • Samb
Slide 53: ATUM Life – Hyderabad
ATUM LIFE —- HYDERABAD
Slide 54: Vnext solutions turnkey offering
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 55: 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 Tamil Nadu Indicative Map of India ATUM Telangana Yarn M
Slide 56: Global Sales Presence
Global Sales Presence Exports to 30+ countries 7,000 + strong dealer network
Slide 57: Sustainability
03 Sustainability
Slide 58: Ability. Responsibility. Sustainability.
Ability. Responsibility. Sustainability. Sustainability in business is more an opportunity than a threat – Joseph Halt
Slide 59: 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 60: Performance Highlights- Standalone
Performance 04 Highlights- Standalone
Slide 61: Result Snapshot
Result Snapshot Q1FY23 Q1FY22 Change Q4FY22 Change FY22 FY21 Change Building Products - Sales MT 309821 261044 18.7% 276805 11.9% 947336 846534 11.9% Spinning - Sales Mt 3630 1437 152.6% 3482 4.3% 10774 7172 50.2% Segment Mix Rs.Millions Building Products 3908 3194 22.4% 3381 15.6% 11,675 10,096 15.
Slide 62: Quarterly Financial Highlights
Quarterly Financial Highlights Operating Revenue (₹ mn) EBITDA (%) PAT (₹ mn) 37% -500 bps -480 bps 19 406 4792 3491 14 386 Q1FY22 Q1FY23 Q1FY22 Q1FY23 Q1FY22 Q1FY23
Slide 63: Quarterly Segment Mix
Quarterly Segment Mix Building Product Revenues (₹ mn) Building EBIT (₹ mn) 613 620 3908 533 3000 3194 3381 2719 2689 392 2358 2411 447 390 381 2019 323 289 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Synthetic Revenue
Slide 64: Yearly Segment Mix
Yearly Segment Mix Building Product Revenues (₹ mn) Building EBIT (₹ mn) 1842 10096 11675 1612 8420 9159 8346 1354 1221 712 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Synthetic Revenues (₹ mn) Synthetic EBIT (₹ mn) 2205 2158 2483 1366 441 1703 281 224 80 31 FY18 FY19 FY20 FY21 FY22 FY18 FY19
Slide 65: Product Revenues Mix
Product Revenues Mix Fibre Board & Panels (incl Cement Asbestos (%) Textiles - Synthetic Yarns (%) ATUM Roof) (%) 69 22 21 21 69 68 19 20 67 19 19 18 18 17 17 65 15 16 14 15 12 61 60 60 FY16 FY17 FY18 FY19 FY20 FY21 FY22 Q1 FY16 FY17 FY18 FY19 FY20 FY21 FY22 Q1 FY16 FY17 FY18 FY19 FY20 FY21 FY22 Q1
Slide 66: Financial Highlights
05 Financial Highlights
Slide 67: Operational Metrics Quarterly
Operational Metrics Quarterly Operational Metrics (INR mn) Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Segmental revenues Building Products 2,718.9 2,019.0 2,357.8 3,000.0 3,193.8 2,411.1 2,688.8 3,381.4 3,908.2 Synthetic Yarn 133.0 242.8 449.1 541.5 296.9 511.5 849.5 825.0 883.9
Slide 68: Profit & Loss Statement Quarterly
Profit & Loss Statement Quarterly Profit & Loss (INR mn) Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Income from Operations 2,851.9 2,261.8 2,806.9 3,541.5 3,490.6 2,922.6 3,538.3 4,206.3 4,792.2 Other Income 15.6 24.3 21.8 24.2 21.1 20.4 30.9 53.5 27.3 Total Income 2,867.5 2,286.
Slide 69: Profit & Loss Statement Annual
Profit & Loss Statement Annual Profit & Loss (INR mn) FY18 FY19 FY20 FY21 FY22 Income from Operations 10,123.2 11,364.1 10,503.9 11,462.1 14,157.8 Other Income 45.7 120.4 66.2 85.9 98.9 Total Income 10,168.9 11,484.5 10,570.1 11,548.0 14,256.7 Operating Expenses 8,621.6 9,927.9 9,415.2 9,527.3 12,15
Slide 70: Operational Metrics Annual
Operational Metrics Annual Operational Metrics (INR mn) FY18 FY19 FY20 FY21 FY22 Segmental revenues Building Products 8,420.0 9159.3 8346.1 10095.7 11675.0 Synthetic Yarn 1,703.2 2204.8 2157.8 1366.4 2482.8 Segmental Profits Building Products 1,353.6 1,220.6 711.8 1,842.2 1,611.7 Synthetic Yarn 80.1
Slide 71: Balance Sheet and Ratios
Balance Sheet and Ratios Balance Sheet (INR mn) FY18 FY19 FY20 FY21 FY22 Share capital 159.2 159.2 159.2 165.2 173.2 Reserves and Surplus 4297.4 4835.8 4890.9 6104.0 7149.9 Non-current liabilities 1090.4 982.9 1001.3 893.4 619.8 Current liabilities 3298.3 3283.2 3383.7 2324.5 3141.1 Total Equity and
Slide 72: Why Visaka?
Young Leadership 40+ Years of Unique Experience Products Why Visaka? Proven Robust Performance Financials Sustainability is the Future
Slide 73: Thank You
Investor Relations Contact Thank You Mr Vinay Bathija (IR) vinay.bathija@visaka.in Cell: 9920062766