Aro Granite Industries Limited · NSE:AROGRANITE
Aro Granite Industries — Q4 FY2018 Earnings Presentation
19 slides from Aro Granite Industries's earnings presentation, April 2018
Slide 1: Investor Update – For the Quarter Ending 31st March 2018
Investor Update – For the Quarter Ending 31st March 2018 April 2018
Slide 2: Disclaimer
Disclaimer Certain statements in this communication may be considered as ‘forward looking statements’ within the meaning of applicable law and regulations. These forward-looking statements involves a number of risks, uncertainties and other factors that could cause actual results to differ materiall
Slide 3: Company Snapshot
Company Snapshot Started commercial Largest processed Granite 100% export oriented, Listed on NSE Since operation in 1991 exporter out of India located at Hosur, 2007 & BSE Since Tamil Nadu 1997 in India Installed capacity Awarded with Supply of over 100 Export to more “Special Export Award” by Gran
Slide 4: Indian Granite Industry
Indian Granite Industry 20% 66% 97% $2.62Bn 9% Statewise Granite Reserves Accounts for Has more than 97% of the Market size Accounts for Madhya Others 20% of the 66% of around total granite approximately more than 9% Karnataka Pradesh % 13% 4 20% world’s granite 300 shades resources are $2.62 bn. of
Slide 5: Indian Granite Industry
Indian Granite Industry Finished Stones Internal Use of Stone In India (mn. Tons) India exported 6.8mn. tons of Raw stones in 2014 against Raw 2.3mn. tons of Finished stones Stones USA is largest market for Finished Indian granite, 25% of the total granite were exported to USA Large players finished
Slide 6: Our Infrastructure
Our Infrastructure Slab Plant Tile Plant Jumbomatic Gang saws 12 53 Blade cutting Centre 4 72 Wire Multi Wire Saw 1 Topping Centre 1 20 Head Polishing Line 3 Calibration Line 1 12 head Grinding line 1 Epoxy line 1 Flaming machine 1 20 Head Polishing line 1 Epoxy lines 3 Cross cutting machine 4 Cleft
Slide 7: Brief Over View – Gangsaws
Brief Over View – Gangsaws • Used Steel Blades, BAT (Lime replacement) and Steel Grit • Trolley/Block Size – 340 x 210 x 450cm • 2-4 Blocks Per Trolley to Maximise space • Average Cutting – 3 days per trolley • Can process multiple blocks at the same time. • 3 day Production of 1 Gangsaw = 2.5 Block
Slide 8: Multi Wire
Multi Wire ZN Races yf
Slide 9: Multi Wire Basics
Multi Wire Basics • Uses 6.3 mm ⌀ Diamond Wires • Trolley / Block Size – 350x220x198cm • Single Block Production (preferred) • Average Cutting time - 2 trolleys per day • 3 day Production - 6 Blocks • Better Suited for cutting Hard, Dense and Brittle materials like quartzite (High End) • Reduces Cra
Slide 10: Capacity of 2 GS = 1 MW
Capacity of 2 GS = 1 MW Multi Wire Gangsaw Blocks Sawn in 3 days 6 Blocks 3 Blocks 7 CBM 18 CBM Average Trolley size 6 Trollies In 3 days Single Trolley Recovery Rate 30 M2 / CBM 30 M2 / CBM 3 day Production 1260 M2 540 M2 Annualised 153300 M2 65700 M2 10
Slide 11: Production Process
Production Process Blocks from Sawing of Grinding & Polishing Quarry Blocks Epoxy 11
Slide 12: Financial Performance
Financial Performance Particulars In Rs. Cr Q3 FY17 Q4 FY17 Q1 FY18 Q2 FY18 Q3 FY18 Q4 FY18 Sales 51.43 56.33 55.25 50.56 45.74 49.18 Operating Exp 44.8 46.70 51.80 47.37 42.29 45.48 EBITDA 6.63 5.92 3.45 3.19 3.45 3.70 PAT 2.78 1.52 0.31 0.37 0.14 0.35 EBITDA Margins (in %) 12.90 10.51 6.24 6.31 7.
Slide 13: Financial Highlights
Financial Highlights Sales Decreased by 15.89 % From 238.65 Crores in FY 2016-17 to 200.72 Crores in FY 2017-18 EBITDA Decreased By 55.07 % from 30.68 Crores in FY 2016-17 to 13.78 Crores in FY 2017-18 PAT Decreased by 90.71% from 12.62 in FY 2016-17 Crores to 1.17 Crores in FY 2017-18 EBITD
Slide 14: Financial Overview (Quarterly)
Financial Overview (Quarterly) Revenues Figures in INR Cr. EBITDA Figures in INR Cr. 60 51.43 56.30 55.20 10.00 50.60 49.18 45.74 8.00 6.60 45 5.90 6.00 30 3.50 3.70 3.20 3.45 4.00 15 2.00 0 0.00 Q3FY17 Q4FY17 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Q3FY17 Q4FY17 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Profit After Tax Fig
Slide 15: Financial Overview (Quarterly)
Financial Overview (Quarterly) Sales Volume (Square Meters) Figures in Lakh Sqm. Raw Material Consumption (Cubic Meters) Figures in ‘000 4.00 10.00 8.00 3.00 5.70 6.00 4.90 5.00 4.90 2.00 1.59 1.57 4.03 3.99 1.37 1.48 1.27 1.38 4.00 1.00 2.00 0.00 0.00 Q3FY17 Q4FY17 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Q3FY1
Slide 16: Financial Overview (Annual)
Financial Overview (Annual) Revenues Figures in INR Cr. EBITDA Figures in INR 45 38.90 300 260 260 239 33.80 216 30.70 225 188 201 30 25.00 21.10 150 13.78 15 75 0 0 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 Profit After Tax Figures in INR Cr. Debt to Equity
Slide 17: Sales Breakup FY2018
Sales Breakup FY2018 Top Countries Segments USA 117%% 19% Tiles 16% Others 45% 15% Poland 815%% 85% 84% Germany Austria Italy Australia87% 4% Slabs 6% 6% 17
Slide 18: Outlook
Outlook The operating environment for the granite industry in India has been challenging Due to non availability of refunds for exports on time, GST created shortage of working capital which in turn impacted business India granite exporters are facing competition from engineered stone in USA.
Slide 19: For any further information, please contact
For any further information, please contact Sabyasachi Panigrahi Gaurav Sud Aro granite industries ltd. Kanav Capital Advisors Pvt. Ltd. sabyasachi@arotile.com gaurav@kanavcapital.com +91 11 41686169 +91 98101 22432 Registered Office: #1001, I0th Floor, DLF Tower A, Jasola , New Delhi - 110 025. (IN
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