Apl Apollo Tubes Limited · NSE:APLAPOLLO
Apl Apollo Tubes — H1 FY2019 Earnings Presentation
16 slides from Apl Apollo Tubes's earnings presentation, Nov 5, 2018
Slide 1: APL Apollo Tubes Q2 & H1 FY19 Earnings Presentation
APL APOLLO TUBES LTD. Q2 & H1 FY19 Earnings Presentation November 5, 2018 Infrastructure Construction Automobiles Energy Agriculture
Slide 2: Safe Harbour
Safe Harbour Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "
Slide 3: Performance Highlights – Q2 & H1 FY19
Performance Highlights – Q2 & H1 FY19 Sales Volume* (Lakh Ton) Net Revenues (Rs. Crore) EBITDA1 (Rs. Crore) PAT (Rs. Crore) Shift: 11% Shift: 35% Shift: 8% Shift: -7% 6.06 3,367 195 5.48 180 80 2,501 74 H1 FY18 H1 FY19 H1 FY18 H1 FY19 H1 FY18 H1 FY19 H1 FY18 H1 FY19 Shift: 7% Shift: 26% Shift: -15%
Slide 4: Key Developments
Key Developments Acquires equity stake in Apollo Tricoat Tubes Limited – to augment high-margin coated tube product portfolio • APL Apollo, through its wholly owned subsidiary Shri Lakshmi Metal Udyog Limited (SLMUL), would be buying 8 million shares and 4.3 million share warrants of Apollo Tricoat
Slide 5: Key Developments
Key Developments Promoter group to infuse up to Rs. 172 crore in APL Apollo through preferential and warrants issue • Equity Infusion of Rs. 72 crore through preferential issue of 400,000 Equity shares at Rs. 1,800 per equity share • Equity infusion of Rs. 100 crore through issue of 500,000 Options
Slide 6: Abridged P&L Statement
Abridged P&L Statement Particulars (Rs. crore) Q2 FY19 Q2 FY18 Y-o-Y Shift H1 FY19 H1 FY18 Y-o-Y Shift Income from Operations Net Sales 1,690.5 1,345.4 26% 3,367.0 2,501.0 35% Total Income From Operations (Net) 1,690.5 1,345.4 26% 3,367.0 2,501.0 35% Total Expenditure Raw Material expenses 1,498.0 1
Slide 7: Key Financial & Operational Parameters
Key Financial & Operational Parameters Y-o-Y Y-o-Y Particulars Q2 FY19 Q2 FY18 Shift H1 FY19 H1 FY18 Shift (bps) (bps) EBITDA Margin 5.1% 7.5% -243 5.8% 7.2% -141 Profit Before Tax 2.4% 4.7% -223 3.3% 4.8% -151 Net Margin 1.6% 3.0% -145 2.2% 3.2% -99 Total Expenditure / Total Operating Income 94.9%
Slide 8: Key Financial & Operational Parameters
Key Financial & Operational Parameters Sales Volume Break-up Sales Volume (excluding Trading & Q2 Q2 Y-o-Y H1 H1 Y-o-Y Scrap) Break-up – H1 FY19 Particulars (Tons) FY19 FY18 Shift FY19 FY18 Shift Galvanized Tubes (GI) Hollow Sections 177,229 155,011 14% 344,047 292,260 18% 7% Pre- Black Round Pipes
Slide 9: Key Financial & Operational Parameters
Key Financial & Operational Parameters Realizations (after adjusting inter-company) Particulars Q2 Q2 Y-o-Y H1 H1 Y-o-Y ( Rs. / Ton) FY19 FY18 Shift FY19 FY18 Shift Hollow Sections 49,053 42,478 15% 49,772 41,151 21% Black Round Pipes 48,209 41,738 16% 48,839 40,336 21% Product-wise Revenue (excludi
Slide 10: Consolidated Balance Sheet
Consolidated Balance Sheet ASSETS CONSOLIDATED CONSOLIDATED EQUITY AND LIABILITIES CONSOLIDATED CONSOLIDATED Particulars (Rs. Crore) As at 30th Sept 2018 As at 31st March2018 Particulars (Rs. Crore) As at 30th Sept 2018 As at 31st March2018 Non-current assets (a) Share capital 23.7 23.7 Tangible ass
Slide 11: Financial Overview and Discussion (YoY)
Financial Overview and Discussion (YoY) • Total Net Revenues during Q2 FY19 at Rs. 1,690.5 crore, higher by 26% YoY; Net revenues in H1 FY19 stood at Rs. 3,367.0 crore, registering a growth of 35% Y-o-Y o The Company delivered a volume growth of 11% in H1 FY19, while volume grew at 7% in Q2 FY19. Vo
Slide 12: Financial Overview and Discussion (YoY)
Financial Overview and Discussion (YoY) • Interest cost increases by 49% to Rs. 57.3 crore and Rs. 31.0 crore in H1 FY19 and Q2 FY19, respectively o The higher interest outgo during the period under review was on account of, a. On YoY basis, better volumes and higher steel prices led to higher worki
Slide 13: Management's Message
Management’s Message Commenting on the Company’s performance for Q2 & H1 FY2019, Mr. Sanjay Gupta, Chairman, APL Apollo said, “We delivered a steady performance during the quarter, registering a volume growth of 7% despite external challenges such as the transporters’ strike, floods in Kerala and sl
Slide 14: Conference Call Details
Conference Call Details APL Apollo Tubes Limited (APL Apollo) Q2 & H1 FY19 Earnings Conference Call Time • 04:00 PM IST on Monday, November 12, 2018 Local dial-in numbers • +91 22 6280 1141 • +91 22 7115 8042 International Toll Free Number • Hong Kong: 800 964 448 • Singapore: 800 101 2045 • UK: 0 8
Slide 15: About Us
About Us APL Apollo Tubes Limited (APL Apollo) [BSE: 533758, NSE: APLAPOLLO] is one of India’s leading branded steel products manufacturers. Headquartered at Delhi NCR, the Company operates six manufacturing facilities with a total capacity of 1.8 Million MTPA. It has a PAN-Indian presence with unit
Slide 16: Thank You
Thank You Infrastructure Construction Automobiles Energy Agriculture