Kiri Industries Limited · NSE:KIRIINDUS
Kiri Industries — Q4 FY2022 Earnings Presentation
22 slides from Kiri Industries's earnings presentation, May 31, 2022
Slide 1: Kiri Industries Limited submission letter
CD Kiri Industries Limited ~Fuft4- C'~· ···· May 31, 2022 To, To, SSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Sandra Kurla Complex, Dalal Street, Mumbai- 400 001 Sandra (E), Mumbai - 400 051 Scrip Code: 532967 Scrip ID - KIRIINDUS Dear Sir/Madam, S
Slide 2: Q4-FY22 / FY22 Earnings Presentation
Q4-FY22/ FY22|EARNINGS PRESENTATION
Slide 3: Company Overview
Company Overview Consolidated Revenue Break-up (INR Mn) 6,339 6,625 6,499 4,879 3,801 8,650 6,489 7,340 6,607 5,792 • Established in 1998, Kiri Industries Limited (KIL), is based out of Gujarat and has emerged as one of FY18 FY19 FY20 FY21 FY22 the largest manufacturers and exporters of a wide range
Slide 4: About DyStar
About DyStar • The DyStar Group is a leading dyestuff and chemical manufacturer and solution provider, offering a broad portfolio of colorants, specialty chemicals, and services to customers across the globe. • With a heritage of more than a century in product development and innovation for the text
Slide 5: History
History 1995 2002 2007 2012 2016 DyStar was founded in 1995 as a FOUNDATION ACQUISITION: ACQUISITION: FOUNDATION: ACQUISITION: JOINT Color Texanlab Sustainable Emerald joint venture between Hoechst AG VENTURE OF: Solutions Textile Performance and Bayer Textile Dyes. In 2000, the Bayer AG and Interna
Slide 6: Financial Highlights
Financial Highlights Q4-FY22 Financial Highlights (Consolidated) Q4-FY22 Financial Highlights (Standalone) Operational Operational EBITDA* EBITDA Margin* EBITDA EBITDA Margin Revenue Revenue INR 249 Mn 5.97% INR 62 Mn 1.89% INR 4,169 Mn INR 3,282 Mn Net Profit* PAT Margin* Diluted EPS Net Profit PAT
Slide 7: Q4-FY22/FY22 Operational Highlights
Q4-FY22/FY22 Operational Highlights Consolidated: Consolidated Turnover of INR 416.90 Crore in Q4-FY22 which is 15% higher YoY and 3% lower on QoQ basis. EBITDA was INR 24.9 crores, with an EBITDA margin of 5.97%. Profit after tax was INR 9.2 crores, with a margin of 2.21%. Consolidated revenue for
Slide 8: Update on Dystar court case in Singapore
Update on Dystar court case in Singapore Kiri Industries Limited (Kiri) has been awarded valuation of USD 481.60 Million for its 37.57% stake in DyStar Global Holdings Pte Ltd (DGH) on June 21, 2021, by Singapore International Commercial Court (SICC) which has been crystalized based on the financial
Slide 9: Q4-FY22/FY22 Financial Highlights
Q4-FY22/FY22 FINANCIAL HIGHLIGHTS 8
Slide 10: Q4-FY22 Standalone Income Statement
Q4-FY22 Standalone Income Statement PARTICULARS (INR Mn) Q4-FY22 Q4-FY21 Y-o-Y Q3-FY22 Q-o-Q Revenue from Operations 3,282 2,752 19.3% 3,458 (5.1)% Total Expenses 3,220 2,495 29.1% 3,169 1.6% EBITDA 62 257 (75.9)% 289 (78.5)% EBITDA Margins (%) 1.89% 9.34% (745) Bps 8.36% (647) Bps Other Income 6 3
Slide 11: Annual Standalone Income Statement
Annual Standalone Income Statement PARTICULARS (INR Mn) FY22 FY21 Y-o-Y Revenue from Operations 11,368 6,892 64.9% Total Expenses 11,054 6,901 60.2% EBITDA 314 (9) NA EBITDA Margin(%) 2.76% NA NA Other Income 18 20 (10.0)% Depreciation 436 390 11.8% Finance Cost 46 38 21.1% PBT (150) (417) NA Tax (5
Slide 12: Q4-FY22 Consolidated Income Statement
Q4-FY22 Consolidated Income Statement PARTICULARS (INR Mn) Q4-FY22 Q4-FY21 Y-o-Y Q3-FY22 Q-o-Q Revenue from Operations 4,169 3,629 14.9% 4,294 (2.9)% Total Expenses 3,920 3,139 24.9% 3,809 2.9% EBITDA 249 490 (49.2)% 485 (48.7)% EBITDA Margins (%) 5.97% 13.50% (753) Bps 11.29% (532) Bps Other Income
Slide 13: Annual Consolidated Income Statement
Annual Consolidated Income Statement PARTICULARS (INR Mn) FY22 FY21 Y-o-Y Revenue from Operations 14,969 9,570 56.4% Total Expenses 13,756 8,744 57.3% EBITDA 1,213 826 46.9% EBITDA Margins (%) 8.10% 8.63% (53) Bps Other Income 20 22 (9.1)% Depreciation 502 461 8.9% Finance Cost 48 40 20.0% PBT 683 3
Slide 14: Historical Financials
Kiri Industries Limited Fienre fall of Colonie HISTORICAL FINANCIALS
Slide 15: Historical Standalone Income Statement
Historical Standalone Income Statement PARTICULARS (INR Mn) FY19 FY20 FY21 FY22 Revenue from Operations 10,619 9,690 6,892 11,368 Total Expenses 9,055 8,729 6,901 11,054 EBITDA 1,564 961 (9) 314 EBITDA Margins (%) 14.73% 9.92% NA 2.76% Other Income 28 41 20 18 Depreciation 285 366 390 436 Finance Co
Slide 16: Standalone Balance Sheet
Standalone Balance Sheet PARTICULARS (INR Mn) FY20 FY21 FY22 PARTICULARS (INR Mn) FY20 FY21 FY22 Equity 6,730 6,346 6,250 Non Current Assets 7,665 8,098 8,117 Equity Share Capital 336 336 518 a) Property, Plant and Equipment 4,635 5,189 5,062 Other Equity 6,394 6,010 5,732 b) Other Intangible assets
Slide 17: Historical Consolidated Income Statement
Historical Consolidated Income Statement PARTICULARS (INR Mn) FY19 FY20 FY21 FY22 Revenue from Operations 13,938 13,054 9,570 14,969 Total Expenses 11,628 11,193 8,744 13,756 EBITDA 2,310 1,861 826 1,213 EBITDA Margins (%) 16.57% 14.26% 8.63% 8.10% Other Income 27 53 22 20 Depreciation 376 444 461 5
Slide 18: Consolidated Balance Sheet
Consolidated Balance Sheet PARTICULARS (INR Mn) FY20 FY21 FY22 PARTICULARS (INR Mn) FY20 FY21 FY22 Equity 19,334 21,844 25,726 Non Current Assets 18,919 21,580 24,949 Equity Share Capital 336 336 518 a) Property, Plant and Equipment 5,062 5,591 5,430 Other Equity 18,998 21,508 25,208 b) Other Intang
Slide 19: Consolidated Financial Highlights
Consolidated Financial Highlights PAT (INR Mn)* & PAT Margins (%)* Operational Revenue (INR Mn) EBITDA (INR Mn)* & EBITDA Margins (%)* 1,576 16.57% 14.26% 14,969 1,157 13,938 13,054 2,310 1,861 8.63% 8.10% 9,570 1,213 11.31% 529 826 218 8.86% 3.53% 2.28% FY19 FY20 FY21 FY22 FY19 FY20 FY21 FY22 FY19
Slide 20: Capital Markets
Capital Markets Stock Market Performance (Upto 31st March, 2022) 0.6 0.5 0.4 0.3 0.2 0.1 0 -0.1 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Kiri Industries Ltd. Sensex Price Data (As on 31st March, 2022) INR Shareholding Pattern (As on 31st March, 2022) Face V
Slide 21: Disclaimer
Disclaimer Kiri Industries Limited Disclaimer: The information contained in this presentation is only current as of its date. All actions and statements made herein or otherwise shall be subject to the applicable laws and regulations as amended from time to time. There is no representation that all
Slide 22: Thank You
Kiri Industries Limited Fienre fall of Colonie THANK YOU