Apl Apollo Tubes Limited · NSE:APLAPOLLO
Apl Apollo Tubes — H1 FY2018 Earnings Presentation
19 slides from Apl Apollo Tubes's earnings presentation, Dec 11, 2017
Slide 1: Q2 & H1 FY18 Earnings Presentation
APL APOLLO TUBES LTD. Q2 & H1 FY18 Earnings Presentation December 11, 2017 Infrastructure Construction Automobiles Energy Agriculture
Slide 2: Safe Harbour
Safe Harbour Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "
Slide 3: Operational & Financial Highlights Q2 & H1 FY2018
Operational & Financial Highlights Q2 & H1 FY2018 Infrastructure Construction Automobiles Energy Agriculture
Slide 4: Q2 FY18 – Performance Highlights
Q2 FY18 – Performance Highlights Sales Volume* (Lakh Ton) Net Income (Rs. Crore) EBITDA1 (Rs. Crore) PAT (Rs. Crore) Growth: 20% Growth: 46% Growth: 27% Growth: 39% 2.83 1,345 101 41 2.35 922 79 29 Q2 FY17 Q2 FY18 Q2 FY17 Q2 FY18 Q2 FY17 Q2 FY18 Q2 FY17 Q2 FY18 Margins as a % of Income 8.6% 7.5% 3.2
Slide 5: H1 FY18 – Performance Highlights
H1 FY18 – Performance Highlights Sales Volume* (Lakh Ton) Net Income (Rs. Crore) EBITDA1 (Rs. Crore) PAT (Rs. Crore) Growth: 15% Growth: 32% Growth: 4% Growth: 9% 2,501 5.48 80 4.75 1,898 173 180 73 H1 FY17 H1 FY18 H1 FY17 H1 FY18 H1 FY17 H1 FY18 H1 FY17 H1 FY18 Margins as a % of Income 9.1% 7.2% 3.
Slide 6: Key Developments
Key Developments Two additional Direct Forming Technology (DFT) lines commissioned – roll-out of all DFT lines by Q4 FY18 • New DFT lines operationalized at the Company’s Hosur and Raipur plants – total of 4 DFT lines established till date • Superior-quality DFT products have been well-received acro
Slide 7: Key Developments
Key Developments Unlocking demand potential across OEMs – registered higher sales volume contribution from this key vertical during the quarter • With improving brand visibility, focus continues to be on improving share from the OEMs division • During the quarter, the OEMs segment reported a growth
Slide 8: Abridged P&L Statement
Abridged P&L Statement Y-o-Y Y-o-Y Particulars (Rs. crore) Q2 FY18 Q2 FY17 H1 FY18 H1 FY17 Shift Shift Income from Operations Net Manufacturing Sales 1,310.2 894.6 46% 2,464.0 1,853.1 33% Trading Sales 35.2 25.4 38% 37.0 45.0 -18% Total Income From Operations (Net) 1,345.4 922.3 46% 2,501.0 1,898.2
Slide 9: Key Financial & Operational Parameters
Key Financial & Operational Parameters Y-o-Y Y-o-Y Particulars Q2 FY18 Q2 FY17 H1 FY18 H1 FY17 Shift Shift EBITDA1 Margin (%) 7.5% 8.6% (110 bps) 7.2% 9.1% (190 bps) Profit Before Tax (%) 4.7% 4.9% (20 bps) 4.8% 5.9% (110 bps) Net Margin (%) 3.0% 3.2% (20 bps) 3.2% 3.9% (70 bps) Total Expenditure /
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet ASSETS CONSOLIDATED CONSOLIDATED EQUITY AND LIABILITIES CONSOLIDATED CONSOLIDATED As at 30th September As at 31st March As at 30th September As at 31st March Particulars (Rs. Crore) Particulars (Rs. Crore) 2017 2017 2017 2017 ASSETS EQUITY AND LIABILITIES Non-current asset
Slide 11: Key Financial & Operational Parameters
Key Financial & Operational Parameters Sales Volume Break-up Sales Volume (excluding Trading & Q2 Q2 Y-o-Y H1 H1 Y-o-Y Scrap) Break-up – H1 FY18 Particulars (Tons) FY18 FY17 Shift FY18 FY17 Shift Galvanized Tubes (GI) Hollow Sections 155,011 120,435 29% 292,260 240,433 22% 11% Black Round Pipes 39,2
Slide 12: Key Financial & Operational Parameters
Key Financial & Operational Parameters Realizations (after adjusting inter-company) Particulars Q2 Q2 Y-o-Y H1 H1 Y-o-Y ( Rs. / Ton) FY18 FY17 Shift FY18 FY17 Shift Hollow Sections 42,478 34,727 22% 41,151 35,557 16% Black Round Pipes 41,738 34,027 23% 40,336 34,976 15% Product-wise Revenue (excludi
Slide 13: Financial Overview and Discussion (YoY)
Financial Overview and Discussion (YoY) • Total Net Income during H1 FY18 stood at Rs. 2,501.0 crore, registering an increase of 32% Y-o-Y; Q2 FY18 Net Income higher by 46% to Rs. 1,345.4 crore o Despite a challenging macro-environment, the Company registered robust sales volume growth during Q2 & H
Slide 14: Financial Overview and Discussion (YoY)
Financial Overview and Discussion (YoY) • Other income stood at Rs. (5.5 crore) in Q2 FY18 due to mark-to-market (MTM) losses owing to Rupee appreciation o The Company follows a policy to hedge 100% foreign currency exposure. However, as per Ind-AS, the Company needs to report its MTM position on a
Slide 15: Management's Message
Management’s Message Commenting on the Company’s performance for Q2 & H1 FY2018, Mr. Sanjay Gupta, Chairman, APL Apollo said, “We are pleased to report a healthy set of results during the quarter, registering a solid volume growth of 20% along with a robust PAT growth of 39%. This performance is com
Slide 16: Annexure
Annexure Infrastructure Construction Automobiles Energy Agriculture
Slide 17: Conference Call Details
Conference Call Details APL Apollo Tubes Limited (APL Apollo) Q2 & H1 FY18 Earnings Conference Call Time • 4:00 pm IST on Wednesday, December 13, 2017 Local dial-in numbers • Primary number: +91 22 3938 1071 International Toll Free Number • Hong Kong: 800 964 448 • Singapore: 800 101 2045 • UK: 0 80
Slide 18: About Us
About Us APL Apollo Tubes Limited (APL Apollo) [BSE: 533758, NSE: APLAPOLLO] is one of India’s leading branded steel products manufacturers. Headquartered at Delhi NCR, the Company operates six manufacturing facilities with a total capacity of 1.3 Million MTPA. It has a PAN-Indian presence with unit
Slide 19: Thank You
Thank You Infrastructure Construction Automobiles Energy Agriculture