Pidilite Industries Limited · NSE:PIDILITIND
Pidilite Industries — Q1 FY18 Earnings Presentation
26 slides from Pidilite Industries's earnings presentation, Jul 26, 2017
Slide 1: Pidilite
@ Pidilite 26" July, 2017 The Secretary The Secretary BSE Ltd. National Stock Exchange of India Ltd. Corporate Relationship Dept., Exchange Plaza, Plot no. C/1, G Block, 14" floor, P. J. Tower, Bandra-Kurla Complex, Dalal Street, Fort Bandra (E), Mumbai - 400 001 Mumbai - 400 051 Stock Code — 500331
Slide 2: Investor Update Quarter ended June 2017
Pidilite Industries Limited Investor Update Quarter ended June 2017 Coverage Financial Highlights Business segment wise Overseas subsidiaries performance Domestic subsidiaries performance Financial Results Investor Communication This investor update covers the Company’s performance for Qua
Slide 3: Business segment wise performance – Standalone
Other income is higher by 51.6% mainly due to increase in mark to market value of investments. Profit before tax at Rs 317 Cr declined by 17.8%. Profit after tax at Rs. 217 Cr declined by 20.3%. Consolidated Performance as compared to same quarter last year: Gross sales at Rs 1,662 Cr declin
Slide 4: Segment and overseas subsidiaries performance
April – June 2017 Revenues of Consumer & Bazaar segment declined by 0.3% with volume and mix decline of 0.3%. PBIT of Consumer & Bazaar segment declined by 18.1%. Revenues of Industrial Products segment grew by 0.2% with volume and mix growth of 1.0%. PBIT of Industrial products segment declined
Slide 5: Domestic subsidiaries performance
Domestic subsidiaries performance The performance of domestic subsidiaries is detailed below: (Rs. In crores) Sales for the quarter of subsidiaries grew by 42.53%. EBITDA (excludes non-operating income and forex loss) declined by 4.36%. NINA and Percept, subsidiaries engaged in waterproofing ser
Slide 6: Statement of Standalone Unaudited Financial Results
PIDILITE INDUSTRIES LIMITED REGD. OFFICE : 7th Floor, Regent Chambers, Jamnalal Bajaj Marg, 208, Nariman Point, Mumbai - 400 021 Tel No. 91 22 2835 7000 Fax : 91 22 2835 6007 Email address : investor.relations@pidilite.co.in | Website : www.pidilite.com CIN : L24100MH1969PLC014336 STATEMENT OF STAND
Slide 7: Standalone Unaudited Segment Information
—2— STANDALONE UNAUDITED SEGMENT INFORMATION FOR THE QUARTER ENDED 30.06.2017 Rs Crores For the Year| sr. [Particulars For the Quarter ended ended No, 30.06.2017 | 31.03.2017 | 30.06.2016 | 31.03.2017 Unaudited | Audited | Unaudited | Audited 1 |Segment Revenue la) Consumer & Bazaar Products 1248.86
Slide 8: Statement of Consolidated Unaudited Financial Results
PIDILITE INDUSTRIES LIMITED REGD. OFFICE : 7th Floor, Regent Chambers, Jamnalal Bajaj Marg, 208, Nariman Point, Mumbai - 400 024 Email address : investor relations @pidilite.co.in Tel No. 91 22 2835 7000 Fax : 91 22 2835 6007 Website : www.pidilite.com CIN : L24100MH1969PLC014336 STATEMENT OF CONSOL
Slide 9: Consolidated Unaudited Segment Information
—2— CONSOLIDATED UNAUDITED SEGMENT INFORMATION FOR THE QUARTER ENDED 30.06.2017 Rs Crores For the Year| Sr.|Particulars For the Quarter ended ended No, 30.06.2017 | 31.03.2017 | 30.06.2016 | 31.03.2017 Unaudited | Audited | Unaudited | Audited 1 [Segment Revenue la) Consumer & Bazaar Products 1aat.e
Slide 10: Pidilite Industries Ltd. Q1 FY18
Pidilite Industries Ltd. Q1 FY18 Earnings Presentation
Slide 11: Disclaimer
Disclaimer This presentation may contain statements which reflect the management’s current views and estimates and could be construed as forward looking statements. The future involves certain risks and uncertainties that could cause actual results to differ materially from the current views being e
Slide 12: Q1 FY18 Financial Highlights
Q1 FY18 Financial Highlights
Slide 13: Q1 FY18 Earnings Summary
Q1 FY18 Earnings Summary * Gross Revenue includes other operating income Figures reported are Ind AS compliant ** EBITDA is before non operating income Pidilite Industries Limited 4
Slide 14: Comments on Financial Performance
Comments on Financial Performance Standalone • Gross Revenue declined by 0.2% in Q1. • Material cost, as a % to sale, is higher by 164 bps due to strengthening of raw material costs. • EBITDA, before non-operating income, at Rs 306 Cr declined by 20.8% mainly on account of lower sales, increase in m
Slide 15: Q1 FY18 Overseas Performance
Q1 FY18 Overseas Performance 76.1 (in INR Crores) 80 Sales 60 47.6 40 26.6 21.9 19.9 23.8 19.7 18.2 20 11.2 10.6 5.3 5.5 3.9 6.9 2.0 2.2 0 North South Bangaldesh Srilanka Thailand Egypt UAE Others America America Q1, FY 2016-17 Q1, FY 2017-18 8 7.0 6.2 6 5.3 5.4 4 2.2 2 1.5 0.2 0.0 0.4 0.1 0.1 0.4 -
Slide 16: Company Overview
Oo Pidilite Company Overview FEVICOL Fevikwi® Fevicryl’ nangeela” Roffly THE ULTIMATE ADHESIVE steelorip|” WTA msenk Gycto. anes
Slide 17: Company Overview
Company Overview Pidilite Industries Limited 8
Slide 18: Industry Segment Composition as on March 2017
Industry Segment Composition as on March 2017 Industrial Pigments & Resins & Preparations, 5 Others, 5% % Industrial Others, 1% Adhesives, 5% Construction/P aint Chem, 19% Adhesives & Art & Craft Sealants, 55% materials and Others, 10% Numbers represent Percentage of Total Net Revenue 9
Slide 19: 5-Year Performance by Business Segments
5-Year Performance by Business Segments Numbers represent Percentage of Total Net Revenue Consumer and Bazaar Products Industrial Products 85% 20% 84% 19% 19% 84% 19% 83% 18% 83% 18% 82% 17% 82% 17% 81% 81% 16% 81% 16% 80% 15% 79% 14% 2012-13 2013-14 2014-15 2015-16 2016-17 2012-13 2013-14 2014-15 2
Slide 20: Domestic Presence – India operations
Domestic Presence – India operations • • • • • • Pidilite Industries Limited 11
Slide 21: Global Presence
Global Presence • • • • • • • Pidilite Industries Limited 12
Slide 22: Marketing/ Advertising
Marketing/ Advertising • • • • • Pidilite Industries Limited 13
Slide 23: Shareholding Pattern as of June 30, 2017
Shareholding Pattern as of June 30, 2017 15.35% Promoters Mutual Funds FPIs 11.82% Others 3.22% 69.61% Pidilite Industries Limited 14
Slide 24: Share Price Movement
Share Price Movement Pidilite Sensex 120 115 110 105 100 95 90 85 80 75 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Mar-17 Apr-17 May-17 Jun-17 Pidilite Industries Limited 15
Slide 25: Backed by consistent dividend payouts
Backed by consistent dividend payouts 50% 40% 34.3% 34.1% 34.4% 33.1% 33.8% 30% 20% 10% 0% FY13 FY14 FY15 FY16 FY17 Note : The company transitioned into IND AS from 01.04.2015 Pidilite Industries Limited 16
Slide 26: Investor Contacts
Investor Contacts Investor Relations - investor.relations@pidilite.co.in Savithri Parekh, Company Secretary Ramkrishna Mandir Road, Off Mathuradas Vasanji Road, Andheri (E), Mumbai - 400 059. Phone : +91 22 67697000 CIN : L24100MH1969PLC014336 Fax : +91 22 28216007