Exxaro Tiles Ltd. · NSE:EXXARO
Exxaro Tiles — Q1 FY23 Earnings Presentation
32 slides from Exxaro Tiles's earnings presentation, Aug 9, 2022
Slide 1: Exchange filing cover letter
EXXARO TILES LIMITED CIN:L26914GJ2008PLC052518 Regd. Office & Unit-2: Survey No. 169 & 170, Vavdi Harsol Road, At & Po.: Mahelav, Taluka: Talod, Sabar Kantha - 383 305, Gujarat, India. © Unit:1 Block No, 204/205, Opp. Hanuman Temple, Nr. Mahuvad Turning, At & Po. Dabhasa, TILES Tal. Padara, Dist. Va
Slide 2: Investor Update – Q1 FY23
EXXARO TILES LIMITED Investor Update – Q1 FY23 August 09, 2022 1
Slide 3: Safe Harbor
Safe Harbor This presentation may contain certain forward-looking statements relating to Exxaro Tiles Ltd. and its future business, development and economic performance. These statements include descriptions regarding the intent, belief or current expectations of the Company, its subsidiaries and as
Slide 4: Content
Content Chairman’s ContentsMessage Business Overview Financial Section 1 : Chairman’s PerformanceMessage –Q2 FY22 Company Section 2 : Business Overview Income Section 3 :Statement Financial Overview –Q1 FY23 Shareholding Pattern Section 4 : Income Statement Section 5 : Shareholding Patte
Slide 5: Chairman's Message
Section 1 | CHAIRMAN’S MESSAGE Investor Update Q2 FY 22 4
Slide 6: Chairman's Message
Chairman's Message • We will continue to create value and maintain exxaro’s excellence-centric mindset to achieve even stronger and better results in the coming years. • Despite Fuel cost increase substantially and other factors in de-growth of international market our sales volumes upped by 11% (Yo
Slide 7: Chairman's Message
Chairman's Message • Your Company is constantly introducing new variations with revised designs across all product categories. It is well positioned in the market by leveraging on its internal design research and development. The Company has planned for CAPEX out of internal cash accruals of R300 mi
Slide 8: Business Overview
Section 2 | BUSINESS OVERVIEW Investor Update Q2 FY 22 7
Slide 9: Our Key Strengths
Our Key Strengths Integrated Business Model:- Our is a Integrated Business Model leading cost competitiveness and premium product manufacturing within own manufacturing plants. In House R & D Facilities:- Well-equipped in house production facilities and laboratories. Strict quality compliance an
Slide 10: Our Journey
Our Journey 2008 2013 2015 Incorporation of the Company as Strong foothold of Exxaro Crossed annual sales of Ricasil Ceramic Industries Pvt. Ltd. brand in the Industry INR 1,000+ Million 2017 2018 2022 Product Portfolio expansion – Launched PGVT, GVT tiles and full Crossed annual sales of Crossed an
Slide 11: New Product Basket 1600x800 MM Size
New Product Basket 1600x800 MM Size Ancona Shell Dallas Bianco Parrino Silver Investor Update Q1 FY 23 10
Slide 12: New Product Basket 1600x800 MM Size
New Product Basket 1600x800 MM Size Dave Grey Dave Nero Adorf Crema Investor Update Q1 FY 23 11
Slide 13: New Product Basket 1200x600 MM Size Spanizia Collection
New Product Basket 1200x600 MM Size Spanizia Collection Reven Arena Reven Crema Reven Gris Investor Update Q1 FY 23 12
Slide 14: New Product Basket 1200x600 MM Size Rocker Finish
New Product Basket 1200x600 MM Size Rocker Finish & Spanizia Collection Maureen Grey Dynamik Grey Maureen Ivory Investor Update Q1 FY 23 13
Slide 15: New Product Basket 600x600 MM Size Parking Tile
New Product Basket 600x600 MM Size-12 Thick Parking Tile Scab Grey Square stone Olive Nuton Nero Volte Crema Volte Brown Nuton Grey Investor Update Q1 FY 23 14
Slide 16: Product Portfolio
Product Portfolio Tile Categories Sizes In MM Surface Pattern •Double Charged Vitrified •800 X 1600 • High gloss Tiles (DCVT) •600 X 1200 •Rocker finish •Full Body Vitrified Tiles •800 X 800 •Butter finish •Glazed Vitrified Tiles (GVT) •600 X 600 •Matt finish •Wall Tiles •300 X 300 •Sugar finish •Pa
Slide 17: Manufacturing Facilities
Manufacturing Facilities Facilities Area Production Capacity Facility-1 at Block No- 37,460 Sq Mt 36,00,000 Sq Mt 204/205,Opp.Hanuman Temple,Nr.Mahuvad Turning, At & Po.Dabhasa,Tal.Padra,Dist.V adodara-391440 Facility-2 at Survey No-169 1,23,504 Sq Mt 96,00,000 Sq Mt & 170,Vavdi Harsol Road, At &Po.
Slide 18: Awards & Recognitions
Awards & Recognitions Investor Update Q1 FY 23 17
Slide 19: Quality Certifications
Quality Certifications Investor Update Q1 FY 23 18
Slide 20: Our Clientele
Our Clientele Investor Update Q1 FY 23 19
Slide 21: Financial Overview - Q1 FY23
Section 3 | FINANCIAL OVERVIEW- Q1 FY23 Investor Update Q2 FY 22 20
Slide 22: Y-o-Y Tiles Volume Growth in MSM
Y-o-Y Tiles Volume Growth in MSM 93% 82% 2.00 2.50 1.96 2.00 1.50 Outsource Own Manufacturing 18% 1.00 7% 0.43 0.15 0.50 - Q1 FY22 Q1 FY23 Investor Update Q1 FY 23 21
Slide 23: Y-o-Y Revenue Growth in Millions
Y-o-Y Revenue Growth in Millions 84% 600.00 92% 500.00 400.00 565.97 472.38 Other 300.00 16% Outsource Own Manufacturing 7% 109.50 200.00 0% 0% 38.03 0.44 1.89 100.00 - Q1 FY22 Q1 FY23 Investor Update Q1 FY 23 22
Slide 24: Revenue Break Up Geographical Wise-Q1 FY23
Revenue Break Up Geographical Wise-Q1 FY23 15% 44% 10% EAST NORTH SOUTH WEST 31% Investor Update Q1 FY 23 23
Slide 25: Key Ratios
Key Ratios Debt/Equity Interest Coverage Ratio 1.93 1.16 1.50 2.00 1.50 1.00 0.80 0.33 1.00 0.50 0.50 0.00 0.00 Q1FY23 Q1FY22 Q1FY23 Q1FY22 Investor Update Q1 FY 23 24
Slide 26: Income Statement
Section 4 | INCOME STATEMENT Investor Update Q2 FY 22 25
Slide 27: Y-o-Y Quarterly Consolidated Income Statement in Millions
Y-o-Y Quarterly Consolidated Income Statement In Millions Particulars Q1 FY23 Q1 FY22 Y-o-Y Revenue from Operations 675.91 512.31 31.9% Other Income 2.72 4.67 Cost of Goods Sold 216.82 175.78 Employee benefit expense 62.43 48.36 Other Expenses 330.37 223.99 Total Operating Expenses 609.62 448.13 EBI
Slide 28: Our Rating
Our Rating RATING BY BRICKWORK RATING INDIA PVT. LTD. AS ON 24th SEPTEMBER 2021 Facility Previous Present Remarks Long Term BWR BWR Outlook Upgraded from "Stable" to BBB+/Stable BBB+/Positive "Positive" Reaffirmation Réaffirmation Short Term BWR A3+ BWR A2 Upgraded from "A3+" to "A2" Reaffirmation U
Slide 29: Shareholding Pattern
Section 5 | SHAREHOLDING PATTERN Investor Update Q2 FY 22 28
Slide 30: Shareholding Pattern as on 30th June 2022
Shareholding Pattern as on 30th June 2022 42.07% PROMOTOR'S & PROMOTOR'S 48.95% GROUP FI/MUTUAL FUND PUBLIC/OTHERS 8.99% Investor Update Q1 FY 23 29
Slide 31: About Us
About Us Exxaro Tiles is the one of the growing manufacturing Company of Vitrified Tiles in India. It has present annual capacity of 13.20 MSM across two plants - one at Talod, Sabarkantha, Gujarat one of the biggest manufacturing plant of GVT in India and, one at Padra, Vadodara, Gujarat. For furth
Slide 32: Registered Office / Thank You!
Registered Office Survey No. 169 & 170, Vavdi Harsol Road, Po.: Mahelav, Taluka: Talod, Sabarkantha - 383 305, Gujarat, India Thank You! Investor Update Q2 FY 22 31