Power Cement Ltd · PSX:POWER
Power Cement — Investor Presentation (June 2024)
34 slides from Power Cement's investor presentation, Jun 26, 2024
Slide 1: Power Cement Limited Corporate Briefing FY-2024
Power Cement Limited POWER CEMENT LIMITED CORPORATE BRIEFING FY-2024 C o rMAY p o r a27, t e 2024 B r i eAT f i n11:00 g S eAM ssion FY VIA - 2 0 2LINK ZOOM 4 June 26, 2024 at 12:00 noon
Slide 2: Table of Contents
1 History Timeline / Profile 2 Operational Information 3 Financial Information Table of Contents 4 Other Information 5 Economic Challenges 6 Q/A Session Power Cement Limited Corporate Briefing FY-2024
Slide 3: Disclaimer
Disclaimer Power Cement Limited ("PCL" or the "Company") has prepared this presentation solely for informational purposes, providing an overview of the Company's operations. The information presented here is not intended to provide guidance on trading or dealing in PCL's shares. The Company does not
Slide 4: History / Company Profile
01 HISTORY / COMPANY PROFILE Power Cement Limited Corporate Briefing FY-2024
Slide 5: History Timeline
History Timeline Listed on Karachi Stock Capacity enhancement Capacity enhancement Exchange (Now Pakistan from 500 TPD to from 1500 TPD to 3000 Stock Exchange Limited) 1500 TPD TPD 1981 1989 2005 1987 1999 2008 Incorporated in Pakistan Commencement of Acquisition of the as Essa Cement production wit
Slide 6: History Timeline
History Timeline Mega expansion of an CoD of Clinker Change of name to additional production line Production Plant and Power Cement Limited (FLS Smidth) 7,700 TPD Waste Heat Recovery was announced. System 2010 2016 2020 2013 2017 2021 Acquisition of the Successful CoD of Cement Company by Implementa
Slide 7: History Timeline
History Timeline Term sheet signed with Burj Solar for 9.6 MW of Wind Power Project 2022 Journey Continues 2024 07 MW of Solar Power Project went live Power Cement Limited Corporate Briefing FY-2024
Slide 8: Company Profile
Company Profile Power Cement Limited (“the Company”) was founded in 1981 and stands as the flagship Company of Arif Habib Group. The factory site of the Company is located at Motorway M-9, Nooriabad, Sindh. the Company was previously known as Al-Abbas Cement Limited until its acquisition in 2010 by
Slide 9: Operational Information
02 OPERATIONAL INFORMATION Power Cement Limited Corporate Briefing FY-2024
Slide 10: Production
Production Capacity Utilization 76% Nine Months ended Production March 31, March 31, Change Variance 2024 2023 % In Tons 68% Clinker Production 1,822,924 1,626,976 195,948 12% Cement 1,299,530 1,529,002 (229,472) (15%) Production 31-Mar-24 31-Mar-23 The overall capacity utilization for the nine mont
Slide 11: Sales
Sales Nine Months ended Sales Volume March 31, 2024 March 31, 2023 Variance % In Tons Cement / Clinker Dispatches (Local) (51%) 1,048,454 1,239,106 (14%) Cement Dispatches (Export) (14%) 280,586 392,238 (28%) Clinker Dispatches (Export) (35%) 727,085 195,151 273% Total Dispatches 2,056,125 1,826,495
Slide 12: Countries of Export
Receipts (In Mn) Countries of Export Period Jul 23- Mar 24 Jul 22- Mar 23 Change USD 39.57 25.33 56% PKR 11,187.32 5,944.13 88% Sri Lanka China Malta Madagascar Qatar Yemen United States Bangladesh Somalia Seychelles Tanzania West Africa Mozambiqe United Kingdome New Markets Power Cement Limited Cor
Slide 13: Market Share - South Zone Nine Months Ended March-2024
Market Share-South Zone Nine Months Ended March-2024 LATEST / FULLY INTEGRATED EUROPEAN PLANT (FLSMIDTH-DENMARK) Power Cement Lucky 19.2% FULLY AUTOMATED QUALITY CONTROL Cement THEREBY LEADING TO CONSISTENT 27.4% PRODUCTION OF HIGHEST QUALITY Dewan CEMENT Cement 10.8% Thatta FROM BEING ONE OF
Slide 14: Financial Information
03 FINANCIAL INFORMATION Power Cement Limited Corporate Briefing FY-2024
Slide 15: Comparison of Financial Results for Nine Months Mar-2024
Comparison of Financial Results for Nine Months Mar-2024 Gross Net Operating Finance Export Clinker Profit Revenue Profit Cost Sales Production 13% 🔺 16% 🔺 1% 🔺 39% 🔺 76% 🔺 12% 🔺 Mar 2024 Mar 2024 Mar 2024 Mar 2024 Mar 2024 Mar 2024 PKR 5.459 Billion PKR 24.939 Billion PKR 2.642 Billion PKR…
Slide 16: Financial Performance for the Nine Months of FY 2023-24
Financial Performance for the Nine Months of FY 2023-24 PKR in ‘000’ Particulars Nine Months Mar-2024 Nine Months Mar-2023 Revenue 24,939,287 🔺 21,513,126 Gross Profit 5,459,050 🔺 4,833,498 🔺 Operating Profit 2,642,042 2,674,919 Finance Cost (3,882,134) 🔺 (2,795,251) Loss Before Tax (1,240,092)…
Slide 17: Financial Highlights
Financial Highlights Sales Revenue & Gross Profit Operating Profit & (In Billions) (Loss) / Profit Before Taxation (In Billions) 28.9 3.7 24.9 2.6 17.5 1.9 14.2 1.3 6.9 5.5 3.1 2.5 FY 21 FY 22 FY 23 FY 24 Nine (0.67) (0.08) Months FY 21 FY 22 FY 23 FY 24 Nine (1.33) (1.24) Months Sales Revenue Gross
Slide 18: Financial Highlights
Financial Highlights EBITDA Finance Cost (In Billions) (In Billions) EBITDA Finance Cost 4.70 3.83 3.88 3.38 2.90 2.61 2.64 2.10 FY 21 FY 22 FY 23 FY 24 FY 21 FY 22 FY 23 FY 24 Nine Nine Months Months Power Cement Limited Corporate Briefing FY-2024
Slide 19: Financial Highlights
Financial Highlights Export Sales Clinker Production (In Billions) (In Millions Tons) 10.43 2.33 2.30 8.93 1.86 1.82 3.79 3.14 FY 21 FY 22 FY 23 FY 24 Nine FY 21 FY 22 FY 23 FY 24 Nine Months Months Power Cement Limited Corporate Briefing FY-2024
Slide 20: Other Information
04 OTHER INFORMATION Power Cement Limited Corporate Briefing FY-2024
Slide 21: Solar and WHRS CO2 Saving
Solar and WHRS CO2 Saving Solar produced 5,115 MW Energy during the period, saving 2,788 Tons of Carbon Emission. WHRS produced 52,824 MW Energy during the period, saving 28,789 Tons of Carbon Emission. Power Cement Limited Corporate Briefing FY-2024
Slide 22: Transformation Management: Alternative Fuel Program
TRANSFORMATION MANAGEMENT Alternative Fuel Program
Slide 23: Alternative Fuels Financial, Employment and Environmental Impacts
Alternative Fuels Financial, Employment and Environmental Impacts 23
Slide 24: Key Aspects of the Alternative Fuels at PCL
Key Aspects of the Alternative Fuels at PCL Extra Clean Energy Generated WHRS Total Alternative Fuel Used CO2 Emissions Avoided Through after using of sugar WHRS and Solar mud press 20,229 (Mud) 7,421 8,521 (Other AF) 31,577 MWH Tons Tons For Nine Months Ended March 31, 2024
Slide 25: 9.6 MW Wind Power Project
9.6 MW Wind Power Project Estimated savings of Rs. 685 million per year Power Cement Limited Corporate Briefing FY-2024 25
Slide 26: Fastest Growing Brand
Fastest Growing Brand Power Cement Limited is honored to receive the 2023 Fastest Growing Brand Award in grey cement from the Brands Foundation. This recognition underscores our commitment to quality, strategic marketing, and sustainability. We support Pakistan's construction sector with high-qualit
Slide 27: Economic Challenges
05 ECONOMIC CHALLENGES Power Cement Limited Corporate Briefing FY-2024
Slide 28: Per Capita Cement Consumption - Pakistan
Per Capita Cement Consumption - Pakistan Per Capita Consumption - Pakistan Dispatches in Mn Tons 250 Per Capita 200 Population Years North South Total Consumption in Million 150 (kg) FY 13 20.3 4.7 25.1 205 122 100 FY 14 21.7 4.5 26.1 208 126 50 FY 15 23.4 4.8 28.2 211 134 FY 16 27.1 5.9 33.0 214 15
Slide 29: Axle Load Regime
Axle Load Regime 01 Axle Load Regime The government has decided to enforce the axle load control regime from mid Nov 2023 02 Challenges Due to Axle Load Regime Managing increased transportation costs while ensuring compliance with axle load regulations poses significant operational & financial chall
Slide 30: Interest Rates
Interest Rates 24% 22% 22% 22% 21% 21% 21% 20.5% 20% 19% 18% 17% 17% 16% 16% 16% 16% 16% 16% 15% 15% 14% 14% 12% 12% 10% INTEREST RATES HAVE REACHED A HISTORIC HIGH IN PAKISTAN WHICH HAS GREATLY AFFECTED THE COST OF BORROWING FOR THE INDUSTRY. HOWEVER, ON JUNE 10, 2024 SBP REDUCED THE POLICY RATE BY
Slide 31: USD Exchange Rate
USD Exchange Rate 306 310 283 283 285 286 286 288 282 285 281 279 279 278 278 278 290 268 261 270 250 240 228 226 230 218 220 225 205 210 199 183 185 190 170 IMPORT COAL ACCOUNTS FOR NEARLY 50% OF OUR COGS, WITH 90% OF POWER CEMENT’S COAL BEING IMPORTED. CONSEQUENTLY, THE HISTORIC RISING USD RATE
Slide 32: Electricity (HESCO) Rates
Electricity (HESCO) Rates 60 53.3 47.3 47.66 46.81 50 44.8 44.2 43.76 42 RATE PER KWH 40 31.8 32.4 33 30.1 29.6 26 27.7 27.5 27.5 30 25.4 20 10 0 MONTHS Power Cement Limited Corporate Briefing FY-2024
Slide 33: Question / Answer Session
06 QUESTION/ ANSWER SESSION Power Cement Limited Corporate Briefing FY-2024
Slide 34: Thank You
Thank You SUI Sa ARIF HABIB GROUP