Solar Industries India Limited · NSE:SOLARINDS
Solar Industries India — Q2 FY2022 Earnings Presentation
15 slides from Solar Industries India's earnings presentation, Oct 29, 2021
Slide 1: Solar Industries India Limited
SOLAR Safety • Quality • Reliability October 29, 2021 To, To, The Executive Director The Executive Director Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex Floor No. 25, PJ Towers Bandra (E) Dalal Street Mumbai Mumbai :
Slide 2: Q2FY22 & 1HYFY22 Solar Industries India Ltd
Q2FY22 & 1HYFY22 Solar Industries India Ltd
Slide 3: Consolidated Snapshot
Consolidated Snapshot Q2FY22 V/S Q2FY21 SALES E B ID T A PBT PAT 788 Cr. 143 Cr. 104 Cr. 75 Cr. 34 % 12 % 13 % 10 % 587 Cr. 128 Cr. 92 Cr. 68 Cr. 1HYFY22 V/S 1HYFY21 SALES E B ID T A PBT PAT 1613 Cr. 318 Cr. 244 Cr. 176 Cr. 50 % 42 % 60 % 57 % 1078 Cr. 224 Cr. 153 Cr. 112 Cr.
Slide 4: Domestic Q2FY22 v/s Q2FY21 Explosives
Domestic Q2FY22 V/S Q2FY21 Quantity (MT) Rate Value (Cr) Explosives Explosives Explosives Accessories 80337 40874 328 84 16% 27% 48% 38% 69195 32074 222 61 1HYFY22 V/S 1HYFY21 Quantity (MT) Rate Value (Cr) Explosives Explosives Explosives Accessories 182124 41045 748 180 31% 24% 62% 48% 139481 33164
Slide 5: Consolidated Quarterly Results
Consolidated Quarterly Results Rs. In Crores % of Net Sales Q1FY22 Q2FY22 Q2FY21 % Change Q1FY22 Q2FY22 Q2FY21 Change Net Sales 825.23 787.66 587.25 34% Material Consumed 469.46 441.88 288.72 53% 56.89% 56.10% 49.16% 6.94 Employee Cost 67.98 65.53 56.04 17% 8.24% 8.32% 9.54% (1.22) Other Expenses 11
Slide 6: Consolidated Half Yearly Results
Consolidated Half Yearly Results Rs. In Crores 1HYFY22 1HYFY21 % Change 1HYFY22 1HYFY21 Change Net Sales 1612.89 1078.39 50% Material Consumed 911.34 558.45 63% 56.50% 51.79% 4.71 Employee Cost 133.51 104.88 27% 8.28% 9.73% (1.45) Other Expenses 261.57 197.25 33% 16.22% 18.29% (2.07) EBIDTA 318.29 2
Slide 7: Quarterly Customers
Quarterly Customers Customer Q1FY22 % of Sales Q2FY22 % of Sales Q2FY21 % of sales Change YoY CIL 142.66 17% 118.16 15% 86.64 15% 36% Non CIL & Institutional 103.12 12% 88.61 11% 53.03 9% 67% Housing & Infra 216.86 26% 155.46 20% 111.53 19% 39% Exports & Overseas 311.72 38% 357.64 46% 266.11 45% 34%
Slide 8: Half Yearly Customers
Half Yearly Customers Customer 1HYFY22 % of Sales 1HYFY21 % of Sales Change YoY CIL 260.82 16% 185.12 17% 41% Non CIL & Institutional 191.73 12% 101.68 9% 89% Housing & Infra 372.32 23% 218.81 20% 70% Exports & Overseas 669.36 42% 473.19 44% 41% Defence 103.88 6% 80.40 8% 29% Others 14.78 1% 19.19 2
Slide 9: Loan Position
Loan Position (Rs in Crs) Q2FY22 FY 20-21 Working Capital ₹ 229.96 Working Capital ₹ 194.22 Term Loan ₹ 648.46 Term Loan ₹ 593.91 Total Debt ₹ 878.42 Total Debt ₹ 788.13 Net Debt ₹ 789.56 Net Debt ₹ 618.20
Slide 10: Balance Sheet (Extract)
Balance Sheet (Extract) 1HYFY22 FY21 Rs in Crs. Capital Employed 2279 2084 Net Worth 1696 1579 ROCE% 23.34% 21.23% ROE% 20.21% 17.50% Net Debt 789.56 618.20 Net Debt/ Equity Ratio 0.47 0.39 Working Capital Days 108 108
Slide 11: Order Book Status
Order Book Status Coal India SCCL Defence The total Order book stands at 2842Crs inclusive of new order from Coal India Ltd of 1471crs
Slide 12: CAPEX
CAPEX The half yearly capex is ₹ 137 Crs. The total plan for the year is ₹ 315 Crs.
Slide 13: Shareholding as on 30.09.21
Shareholding as on 30.09.21 Mutual Funds 15.61 SBI-MF (7.15), Kotak Fund (4.89), HDFC (2.37) , DSP Rock (0.80), Others (0.40) Promoter’s FII Holding 73.15% 5.81 4.06 Fidelity & Fiam group (4.58), Vanguard (0.47), DFA Investments (0.30), Others (0.46) 0.58 0.79 Mutual Funds Public & GIC & its FII & F
Slide 14: Solar v/s BSE Mid Cap
Solar v/s BSE Mid Cap (Q2FY22) BSE Midcap Solar Return: 33% 12%
Slide 15: Thank You!
Thank You! Solar Industries India Limited Let’s Rise again…
Solar Industries India — Q2 FY2022 Earnings Presentation on 6ix