Slide 1: Sagar Cements Limited Q1 FY17 Results Presentation
Sagar Cements Limited Q1FY17Results Presentation
Slide 2: Overview – target markets
Overview – target markets Moderate decline in volumes and prices in target markets on a sequential quarter basis YOY realisations also considerably lower; overall impact however mitigated as a result of improved sales volumes Pet coke inventory build up negates impact of higher input prices for quar
Slide 3: Industry Overview – Perspective on Cement Prices
Industry Overview Perspective on Cement Prices West Demand as well as prices remained soft, as the region suffered the most from water scarcity Prices in the region remained ranged, owing to acute softening of prices in Andhra Pradesh & South Telangana Infiltration from West market owing to pr
Slide 4: Sagar Cements – Operational Results
Sagar Cements – Operational Results Sagar Cements Limited l Q1 FY17 Investor / Analyst Presentation 4
Slide 5: Q1 FY17 – Consolidated Performance Highlights
Performance Highlights Rs. lakh Revenue 13,640 6,193 Sagar BMM ` 19,743 Q1 FY17 – Consolidated 1,300 Sagar ` EBITDA 2,598 1,298 BMM 458 Sagar PAT (26) (443) BMM 56.76 Sagar Plant Capacity (%) 58.04 62.06 BMM Sagar Cements Limited l Q1 FY17 Investor / Analyst Presentation 5
Slide 6: Q1 FY17 Performance Review - Consolidated
Q1 FY17 Performance Review - Consolidated Net Income EBITDA Net Income from operations stood at Rs. 19,743 ` In lakh 18,498 - 3,848 - 19,743 lacs from Rs. 18,498 lakh in Q1 6,193 2,598 FY16 1,298 EBITDA stood at Rs. 2,598 lacs as 18,498 13,640 3,848 1,300 compared to Rs.3,848 lacs in Q1 FY16 Q1
Slide 7: Key Highlights - Acquisition of Grinding Unit
Key Highlights - Acquisition of Grinding Unit In principle approval from the Board to acquire grinding unit of 1,81,500 tons p.a. owned by M/s. Toshali Cements Private Limtied Location: Bayyavaram, Vizag District, Andhra Pradesh Cost: Rs. 60 crore inclusive of transaction cost Post acquisiti
Slide 8: Executive Director's Comment
Executive Director’s Comment Commenting on the performance, Mr. Sreekanth Reddy, Executive Director of the Company said, “While the business prospects look promising in the long term, operating environment at present continues to witness low off-take and weaker realisations. Amid this background we
Slide 9: State wise Realization & Utilization
State wise Realization & Utilization Mattampally Plant BMM - Gudipadu Plant Gross Realisations (Rs. / tonne) Gross Realisations (Rs. / tonne) Q1 FY16 Q2 FY16 Q3 FY16 Q4 FY16 Q1 FY16 Q2 FY16 Q3 FY16 Q4 FY16 Overall Average 5,259 5,409 4,927 4,670 Overall Average - 4,697 5,250 5,191 AP 6,049 5,812 5,5
Slide 10: Coal Prices
Coal Prices Q3 FY15 Q2 FY16 Domestic : International coal mix was 60:40 Domestic : International coal mix was 2:98 Domestic Coal: Reasonable quantity sourced Q4 FY15 Q3 FY16 Domestic : International coal mix was 34:66 Domestic : International coal mix was 20:80 Singareni Coal: Reasonable
Slide 11: Operations Overview (Consolidated)
Operations Overview (Consolidated) Production April May June Total (MT) Clinker 1,65,858 1,56,932 1,51,112 4,73,902 Cement 2,08,186 1,87,876 1,84,357 5,80,419 Cement Sales Value Rs. Lakh Net Realization Description ('000'MT) (net of excise & VAT) Rs./Mt Q1 FY17 575 19,734 3,431 Q1 FY16 469 18,470 3,
Slide 12: Cost Overview – Sagar Cements
Cost Overview – Sagar Cements Average Fuel Cost Per Tonne Rs. / Tonne 800 Decrease in price of imported coal and change in coal mix 779 resulted in a decrease in average fuel cost per tonne. Q1 FY16 Q1 FY17 Freight Cost per Tonne 651 Rs. / Tonne Freight per ton decreased due to decrease in fuel
Slide 13: Cost Overview – BMM
Cost Overview – BMM Average Fuel Cost Per Tonne Rs. / Tonne 899 Average fuel cost per tonne of clinker at Rs.818 during Q1 Fy 2017 Q1 FY17 Freight Cost per Tonne 615 Rs. / Tonne Freight cost per ton stood at 615 during the quarter. Q1 FY17 Sagar Cements Limited l Q1 FY17 Investor / Analyst Prese
Slide 14: Cost Overview – Sagar Cements
Cost Overview – Sagar Cements Employee Cost 888 900 Rs. lakh Employee costs in Q1 FY 17 is Rs. 900 lakhs when compared to Rs. 888 lakhs during Q1FY16. Q1 FY16 Q1FY17 Raw Material Cost 1,874 1,821 Raw Material cost has come down due to lower production during the current quarter. Rs. lakh Q1 FY16
Slide 15: Cost Overview – BMM
Cost Overview – BMM Employee Cost 155 Rs. lakh Employee costs in Q1 FY 17 stood at Rs. 155 lakhs. Q1FY17 Raw Material Cost Raw Material cost stood at Rs.737 Lakhs during the current 737 quarter. Rs. lakh Q1FY17 Sagar Cements Limited l Q1 FY17 Investor / Analyst Presentation 15
Slide 16: Plant Highlights - Consolidated
Plant Highlights - Consolidated Sales (5,75,156 Mts.) During Q1 FY17, the plants Others –3% operated at reasonable Orissa –6% utilization levels producing 4,73,902 tons of clinker and Maharashtra – 15% 5,80,419 tons of cement Tamil Nadu - 16% Approximately 55% of cement Karnataka - 14% dispatche
Slide 17: Sales in Q1 FY17
Sales in Q1 FY17 Sagar Cements BMM Cements Consolidated Quantity Quantity % of Total Quantity % of Total % of Total Markets (in Sales (in Tonnes) Sales Sales (in Tonnes) Tonnes) Andhra Pradesh & Telangana 2,35,929 55.3 26,654 17.93 2,62,583 45.6 Karnataka 17,189 4.0 64,446 43.35 81,636 14.2 Tamil Na
Slide 18: Dispatches by Road & Rake
Dispatches by Road & Rake Dispatch Details TPT Q1 FY16 Q2 FY16 Q3 FY16 Q4 FY16 TOTAL BY ROAD 478,345 424,880 301,840 4,48,182 1653,247 BY RAKE - - - 5,506 5,506 TOTAL 478,345 424,880 301,840 4,53,688 1658,753 Consolidated TPT Q1 FY17 BY ROAD 5,72,527 BY RAKE 5,310 TOTAL 5,77,837 Sagar Cements Limite
Slide 19: Key Balance Sheet Items
Key Balance Sheet Items Rs. In Lakh Sagar Cements BMM Cements Consolidated Gross Debt 19,511 24,449 43,960 - Long Term 11,819 21,633 33,452 - Working Capital 7,692 2,816 10,508 Cash & Bank Balance 275 279 554 Debt Equity Ratio (%) 0.21 - 0.61 Net Worth 55,786 - 54,936 Investments 7,821 - - As of Jun
Slide 20: Sales Outside AP & TG
Sales Outside AP & TG Historical trend cement sales OAP & TG Q1 FY17 OAP & TG Sales 55% (Consolidated) Q4 FY16 Q3 FY16 Q2 FY16 Q1 FY16 OAP & TG Sales 48% 55% 64% 67% Q4 FY15 Q3 FY15 Q2 FY15 Q1 FY15 OAP & TG Sales 71% 63% 64% 47% Q4 FY14 Q3 FY14 Q2 FY14 Q1 FY14 OAP & TG Sales 46% 57% 58% 49% Sagar Ce
Slide 21: Contacts
Contacts For further information contact: Sagar Cements Limited CDR India K Prasad- (Chief Financial Officer) Gavin Desa prasadk@sagarcements.in gavin@cdr-india.com PS Prasad - (V.P. Marketing) Suraj Digawalekar prasadps@sagarcements.in suraj@cdr-india.com Company Secretary &Compliance Officer: Tel.