Greenpanel Industries Ltd · NSE:GREENPANEL
Greenpanel Industries — Q1 FY2022 Earnings Presentation
17 slides from Greenpanel Industries's earnings presentation, Jun 30, 2021
Slide 1: Financial Results Presentation Q1 FY 2022
Greenpanel Industries Limited Financial Results Presentation Q1 FY 2022
Slide 2: Disclaimer
Disclaimer Certain statements in this communication may be ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward-looking statements involve number of risks, uncertainties and other factors that could cause actual results to differ materially from those sug
Slide 3: Contents
Contents Financial Highlights Financial Numbers Segment Numbers Segment Performance From the Desk of MD & CEO Company Overview Growth Outlook Manufacturing Facilities
Slide 4: Financial Highlights – Q1 FY2022
Financial Highlights – Q1 FY2022 Net Sales up by 247% YoY to Rs. 299.24 crores - Plywood revenues up by 132% YoY to Rs. 45.27 crores, contributing 15% of net sales - MDF revenues up by 280% YoY to Rs. 253.97 crores, contributing 85% of net sales Gross margins up by 1194 bps YoY to 56.2% EBITDA margi
Slide 5: Financial Highlights – Q1 FY22 vs Q1 FY21
Financial Highlights – Q1 FY22 vs Q1 FY21 Key ratios (%) Q1 FY22 Q1 FY21 Gross Margin 56.2% 44.3% EBITDA Margin 22.3% (7.4)% EBIT Margin 16.9% (26)% Net Margin 9.5% (39.5)% Sales Promotions / Net Sales 1.0% 0.8% Employee Expenses / Net Sales 8.9% 22.8% Logistics Cost / Net Sales 5.1% 4.8% EPS (Rs.)
Slide 6: Financial Highlights - Assets & Liabilities
Financial Highlights - Assets & Liabilities Balance Sheet snapshot Q1 FY 2022 Q1 FY 2021 FY 2021 FY 2020 (INR crores) Net Worth 802.03 662.83 773.46 696.89 Total Debt 405.08 527.53 440.88 542.79 Long Term Debt (Including Current 386.79 475.77 424.89 470.08 Maturity) Short Term Debt 18.29 51.78 1
Slide 7: Financial Highlights - Financial Ratios
Financial Highlights - Financial Ratios Key Ratios Q1 FY 2022 Q1 FY 2021 FY 2021 FY 2020 Inventory (days) 52 144 55 68 Debtor (days) 21 45 28 31 Creditor (days) 40 100 48 54 Working Capital Turnover 33 89 35 45 (days) RoE (%) 14.3% (20.6)% 9.9% 2.3% RoCE – Pre-Tax 16.7% (7.2)% 11.8% 4.9% RoCE – Post
Slide 8: Financial Numbers Q1 FY2022
Financial Numbers Q1 FY2022 Key Financial Numbers Q2 Q1 FY 2021 FY 2022 Q2 FY Q12020 FY 2021 Q2Q1 FY FY 2021 2022 Q2Q1 FYFY 2020 2021 (in INR (INR crores) crores) (% of (%Sales) of Sales) (% of (%Sales) of Sales) Sales 299.24 86.25 Other Incomes 9.41 4.41 3.15% 5.11% Material Consumptions Material C
Slide 9: Segment Numbers Q1 FY2022
Segment Numbers Q1 FY2022 Key Segment Numbers Q1 FY 2022 Q1 FY 2021 FY 2021 FY 2020 (INR crores) Segment Revenue – Plywood 45.33 19.51 217.38 215.94 Segment Revenue – MDF 262.70 70.65 802.59 643.85 Segment Revenue - Total 308.03 90.16 1019.97 859.79 Segment Profit/(Loss) - Plywood 5.45 (3.46) 29.66
Slide 10: Segment Performance Q1 FY2022
Segment Performance Q1 FY2022 Plywood Segment Q1FY22 Q1FY21 Var (%) FY 2021 FY 2020 Var (%) Net Sales (INR crores) 45.27 19.49 132.3% 217.10 215.46 0.8% EBITDA Margin (%) 11.0% (18.1)% 12.4% 11.8% EBIT Margin (%) 8.1% (26.0)% 9.7% 8.7% Annual Capacity (million sqm) 10.5 10.5 10.5 10.5 Production (mi
Slide 11: From the Desk of MD & CEO
From the Desk of MD & CEO Commenting on the performance for Q1 FY2022, Mr. Shobhan Mittal, Managing Director and CEO, Greenpanel Industries Limited said, Business was substantially impacted in this quarter due to re-emergence of Covid 19. Impact was higher in the South Zone where most of the states
Slide 12: Company Overview
Company Overview Capacity Utilization Production Model Raw Material Return Ratios • Plywood capacity • Plywood – Own Sustainability • Lower return utilization at 71% manufacturing for • The aim is to ratios witnessed in FY 2021 Vs. 78% domestic markets improve the due to low in FY 2020 quality of wo
Slide 13: Company Overview
Company Overview Business Segments Strong Industry Well Entrenched Manufacturing • Plywood and Potential Distribution Facilities allied products • Plywood industry Network • 1 state-of-the-art size - INR 225 • Total number of facility for • Medium Density billion, MDF Distributors-2084, Plywood at F
Slide 14: Growth Outlook
Growth Outlook Industry Product Advertising Financial Distribution IT Initiatives Drivers Profile and Performance Network • Upgraded • More • Focus on Promotional • Marginal • A strong IT expected enhancing Spends growth in distributio infrastruct constructi value • Expected Plywood in n network ure
Slide 15: Manufacturing Facilities
Manufacturing Facilities Plywood Medium Density Fibreboards (MDF) • Pantnagar, Uttarakhand • Pantnagar, Uttarakhand - - 10.50 million square 1,80,000 cubic meters (CBM) meters • Chittoor, Andhra Pradesh - 3,60,000 cubic meters (CBM) • Expanding consolidated capacity by 20% in FY 2022
Slide 16: One Umbrella Brand
One Umbrella Brand fo GREENPANEL MDF + Wood Floors +» Plywood + Veneers * Doors INDIA'S LARGEST WOOD PANEL MANUFACTURER
Slide 17: Thank you!
Mr. V. Venkatramani Chief Financial Officer Greenpanel Industries Limited Corporate Office: Thapar House, 2nd Floor, 163, S.P. Mukherjee Road, Kolkata - 700 026 Contact: (+91) 97484 00606 / (+91) 033 4084 0600 Email: v.venkat@greenpanel.com Website: www.greenpanel.com Thank you! Mr. Gavin Desa / Mr.
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