Somany Ceramics Limited · NSE:SOMANYCERA
Somany Ceramics — Q4 FY23 Earnings Presentation
14 slides from Somany Ceramics's earnings presentation, May 23, 2023
Slide 1: Exchange filing cover letter for Investor Update Q4/FY22-23
23rd May, 2023 The General Manager, Corporate Relationship Dept., BSE limited, 1st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Fort, Mumbai-400 001 (Script Code: 531548) The Secretary, National Stock Exchange of India Ltd., Exchange Plaza, 5th Floor, Bandra-Kurla Complex, B
Slide 2: Investor Update – Q4'FY23/FY23
SOMANY CERAMICS LIMITED Investor Update – Q4’Fy23/FY23 May 23, 2023
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Somany Ceramics Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securitie
Slide 4: Message
Message We witnessed a tough year on account of economic uncertainties all around the world including severe volatility in gas prices. We were able to end the year on a positive note despite all the odds. The volume and value growth of 10% and 18% respectively for FY23 demonstrating the resilience o
Slide 5: Performance Snapshot
Performance Snapshot Capacity Production Sales Mix Financial Snapshot (Standalone) ▪ Tiles capacity of ~75 msm p.a. (including ▪ Tiles Production of 13.54 ▪ Own manufacturing ▪ Sales growth of 9% to ₹ dedicated outsource tie msm in Q4; Own plants (43%), JVs (32%) & 668 crores ups) (7.16 msm) and JVs
Slide 6: Sales Volume (Tiles)
Sales Volume (Tiles) Tiles Volume (msm) 63.89 57.87 17.60 16.11 15.49 13.89 4.62 3.98 20.79 21.53 5.49 6.37 27.61 7.49 22.45 5.76 Q4'Fy22 Q4'Fy23 FY 22 FY 23 Own Manufacturing JVs (Tiles) Others Tiles Own Manufacturing JVs (Tiles) Others Tiles Based on Standalone figures
Slide 7: Sales Value
Sales Value ₹ in crores 2426.46 668.39 603.94 33.22 10.71 2060.50 244.98 5.49 74.22 17.52 62.70 207.21 510.81 146.94 136.24 440.07 712.15 187.42 208.90 683.28 249.10 925.30 190.61 712.42 Q4'Fy22 Q4'Fy23 FY 22 FY 23 Own Manufacturing JVs (Tiles) Own Manufacturing JVs (Tiles) Others Tiles Bathware Oth
Slide 8: Working Capital & Net Debt
Working Capital & Net Debt Standalone Consolidated 391 378 296 234 220 262 274 245 237 230 221 268 221 260 175 137 149 184 31 51 39 21 21 31 Mar'21 Mar'22 Mar'23 Mar'21 Mar'22 Mar'23 Working Capital days Debtors Working Capital days Debtors Inventories Trade payable Inventories Trade payable 37 308
Slide 9: Profit & Loss (Standalone)
Profit & Loss (Standalone) Particulars Q4'Fy23 Q4'Fy22 Growth FY 23 FY 22 Growth Sales 668 604 10.7% 2426 2061 17.8% EBIDTA 45 33 34.5% 147 150 (2.4%) EBIDTA margin 6.7% 5.5% - 6.0% 7.3% - Profit Before Tax 37 22 67.9% 123 117 5.1% PBT margin 5.5% 3.6% - 5.1% 5.7% - Exceptional Item 0 0 - 1 0 - PBT
Slide 10: Profit & Loss (Consolidated)
Profit & Loss (Consolidated) Particulars Q4'Fy23 Q4'Fy22 Growth FY 23 FY 22 Growth Sales 675 612 10.4% 2465 2083 18.3% EBIDTA 61 51 20.4% 189 207 (8.6%) EBIDTA margin 9.0% 8.3% - 7.7% 9.9% - Profit Before Tax 34 29 19.3% 95 126 (24.8%) PBT margin 5.1% 4.7% - 3.9% 6.1% - Exceptional Item 0 0 - 2 0 -
Slide 11: Balance Sheet (Abstract)
Balance Sheet (Abstract) Standalone Consolidated Particulars FY 23 FY 22 FY 23 FY 22 Fixed Assets (incld. CWIP) 462 459 1,062 979 Loans & Investments 326 251 20 15 Other Non-current Assets 1 2 29 12 Current Assets 679 619 899 786 Total Assets 1,469 1,330 2,011 1,792 Net Worth 783 704 787 726 Non-Con
Slide 12: Pan India Manufacturing Facilities
Pan India Manufacturing Facilities 1.30 mn pcs @ Derabassi, Punjab (Faucet) 23.32 MSM @ Bahadurgarh, Haryana (Tiles) Tiles Adhesive @ Bahadurgarh, Haryana 10.13 MSM @ Ahmedabad, Tiles Adhesive Gujarat (Tiles) @ Ahmedabad, Gujarat 21.33 MSM @ Morbi, Gujarat (Tiles) 7.08 MSM @ Tirupati, Andhra Pradesh
Slide 13: Shareholding as on 31st Mar'23
Shareholding as on 31st Mar’23 Particulars 31st Mar’23 31st Dec’22 21.8% Promoters 54.8% 54.8% FII 1.4% 1.7% DII 22.0% 20.7% 54.8% 22.0% Others 21.8% 22.8% Equity Shares 4,24,74,208 4,24,74,208 1.4% Equity shares of ₹ 2/- each Promoters FII DII Others
Slide 14: For further information, please contact
For further information, please contact: Mr. Kumar Sunit, Head – Strategy & Investor Relations kumar.sunit@somanyceramics.com www.somanyceramics.com CIN - L40200WB1968PLC224116