Shaily Engineering Plastics Limited · NSE:SHAILY

Shaily Engineering Plastics — Q1 FY2019 Earnings Presentation

24 slides from Shaily Engineering Plastics's earnings presentation, Aug 13, 2018

  1. Slide 1: Q1FY19 Investor Presentation

    Q1FY19 Investor Presentation Monday, 13th August 2018

  2. Slide 2: Overview

    A SHAILY © Overview

  3. Slide 3: Safe Harbor

    Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Shaily Engineering Plastics Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe f

  4. Slide 4: Shaily at a Glance

    Shaily at a Glance 5 REVENUE 100+ Injection Facilities in 5 Years CAGR Moulding Gujarat 21% Machines EBITDA PAT 1,100+ 5 Years 5 Years CAGR Employees CAGR 22% 38% USD 100mn Revenue by 2020 4

  5. Slide 5: Project Management

    Project Management Management Development • Key account • Conceptualization • Supply chain • Program management Development • Continuous improvement Quality & Risk Management Validation Manufacturing Assessment • Precision injection molding Validation • Cleanroom manufacturing • Pilot testing • Inno

  6. Slide 6: Our Performance

    Our Performance

  7. Slide 7: Leveraging Existing Customer Relationship

    Leveraging Existing Customer Relationship Order from? Product? Order Value? No. of Products? Company Initiative? Set up a New plant at Business confirmation Manufacture & Supply The Estimated Sales Start with 6 new Halol for this project from Home of products under a value of the order is products w

  8. Slide 8: Expansion Plans

    Expansion Plans Acquisition of Land & Arranging of Long Term Debt Financing Acquisition of Land ▪ Purchased land admeasuring 17 acres at Halol for future expansion requirements ▪ Sales deed executed and the process of completing necessary formalities for transfer of land underway Long Term Debt Fina

  9. Slide 9: Operating Performance in Q1FY19

    Operating Performance in Q1FY19 Revenue EBITDA 89 Crores 25% YoY 14 Crores 14% YoY EBITDA Margin PAT 16% 145 bps 6 Crores 29% YoY Cash PAT NET Debt: Equity 10 Crores 14% YoY 0.74x 9

  10. Slide 10: Key Highlights – Q1FY19

    Key Highlights – Q1FY19 (Rs. Cr.) Revenue^ EBITDA EBITDA Margin % +25% +14% 89.1 14 17.1 12.2 15.7 71.3 Q1FY18 Q1FY19 Q1FY18 Q1FY19 Q1FY18 Q1FY19 (Rs. Cr.) PBT PAT Cash PAT # +19% +29% +14% 9.5 8.2 5.7 8.3 6.9 4.4 ^ Cash PAT includes PAT & Depreciation # Excise Duty expenses have been excluded for c

  11. Slide 11: Machine Utilization – Across Plants

    Machine Utilization – Across Plants Machine Utilization (%) Revenue (Rs. In Crs) +25% 73.8 72.4 89.1 71.3 …Focusing on Q1FY18 Q1FY19 higher value add Q1FY18 Q1FY19 products 11

  12. Slide 12: Volume of Polymers Processed

    Volume of Polymers Processed Volume in Tons +34% +30% 3547… 13039 2642 10054 …Increase in basket of product offering Q1FY18 Q1FY19 FY17 FY18 and quantity 12

  13. Slide 13: Operational Trends

    Operational Trends Machine Utilization (%) 82.1 71.4 73.8 71.9 72.4 66.3 67.0 69.7 62.7 Q1FY17 Q2FY17 Q3FY17 Q4FY17 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Q1FY19 Volumes of Polymers Processed (MT) 3647.45 3547.02 3374 3376 2771 2642 2531 2432 2320 Q1FY17 Q2FY17 Q3FY17 Q4FY17 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Q1FY19

  14. Slide 14: Revenue Analysis - Domestic Vs. Exports

    Revenue Analysis - Domestic Vs. Exports Q1FY18 Q1FY19 Sales Sales 24% 28% 72% 76% Foreign Domestic Foreign Domestic 14

  15. Slide 15: Quarterly Income Statement as per IndAS

    Quarterly Income Statement as per IndAS Particulars in Rs. Crs Q1FY19 Q1FY18 YoY % FY18 Revenue 89.1 71.3 25.0% 318.2 Raw Material 55.9 43.6 198.8 Employee Expenses 9.9 7.1 30.7 Other Expenses* 9.6 7.4 35.6 Other Income 0.4 0.5 2.3 EBITDA 14.0 12.2 14.6% 55.4 EBITDA Margin 15.7% 17.1% 17.4% Deprecia

  16. Slide 16: Balance Sheet as per IndAS

    Balance Sheet as per IndAS Particulars in Rs. Crs Mar 18 Mar 17 Particulars in Rs. Crs Mar 18 Mar 17 Assets Equity & Liabilities Non current Assets 125.9 104.3 Equity 124.3 105.4 Fixed Assets Share Capital 8.3 8.3 Property Plant & Equipment 106.4 93.8 Other Equity 115.9 97.1 Capital WIP 5.8 3.1 Non

  17. Slide 17: Delivering PROFITABLE GROWTH

    Delivering PROFITABLE GROWTH Revenue (Rs. In Crs) EBITDA (Rs. In Crs) +21% 318 +26% 55 226 246 44 42 180 151 28 123 25 18 FY13 FY14 FY15 FY16 FY17* FY18* FY13 FY14 FY15 FY16 FY17* FY18* PAT (Rs. In Crs) Cash PAT (Rs. In Crs) +46% 24 +33% 38 26 29 16 16 13 19 * As per IndAS 9 13 7 4 Note: Financials

  18. Slide 18: Improving MARGIN Profile

    Improving MARGIN Profile 18.5% 17.9% 16.4% 17.4% 15.6% 14.3% 9.5% 9.4% 10.8% 8.3% 6.8% 7.5% 7.2% 6.5% 4.2% 6.9% 4.4% 3.0% FY13 FY14 FY15 FY16 FY17 FY18 EBITDA% PBT% PAT% Note: Financials are excluding Excise Duty 18

  19. Slide 19: Historical Income Statement as per I-GAAP

    Historical Income Statement as per I-GAAP Particulars in Rs. Crs. FY17 FY16 FY15 FY14 FY13 Total Revenue# 252.6 231.2 185.4 155.1 125.7 Raw Material 151.1 137.3 113.4 86.6 69.0 Employee Expenses 26.6 23.4 19.5 16.0 13.1 Excise Duty 6.2 5.6 5.7 4.3 2.9 Other Expenses 27.5 25.9 20.3 24.0 23.7 Other In

  20. Slide 20: Historical Balance Sheet as per I-GAAP

    Historical Balance Sheet as per I-GAAP Rs. Crs. FY17 FY16 FY15 FY14 FY13 Rs. Crs. FY17 FY16 FY15 FY14 FY13 Shareholder’s Fund 105.6 89.8 78.3 42.6 36.0 Non-current assets 107.3 102.5 87.0 58.0 50 Share capital 8.3 8.3 8.3 7.3 7.3 Fixed assets 97.7 97.7 77.6 49.8 45.2 Reserves & Surplus 97.3 81.4 70.

  21. Slide 21: DISCIPLINED use of Capital

    DISCIPLINED use of Capital ROCE (%) ROE (%) 20% 19% 19% 18% 17% 17% 17% 16% 15% 15% 13% 10% FY13 FY14 FY15 FY16 FY17 FY18* FY13 FY14 FY15 FY16 FY17 FY18* * As per IndAS 21

  22. Slide 22: Increasing DIVIDEND PAYOUT

    Increasing DIVIDEND PAYOUT Dividend Payout (%) 31.5% 31.5% 25.9% 15.3% FY15 FY16 FY17 FY18 Particulars (Rs.) FY15 FY16 FY17 FY18 Book Value per Share 94.3 108.2 127.2 149.4 Earning Per Share 15.6 18.6 19.1 28.7 Dividend Per share 2.0 4.0 5.0 7.5 Dividend Payout including DDT 15.3% 25.9% 31.5% 31.5%

  23. Slide 23: Contact

    Contact Company Investor Relations Advisors Company : Investor Relations Advisors : Shaily Engineering Plastics Ltd. Strategic Growth Advisors Pvt. Ltd. CIN – L51900GJ1980PLC065554 CIN - U74140MH2010PTC204285 Mr. Sanjay Shah, CSO Mr. Shogun Jain/Mr. Pratik R. Shah sanjay@shaily.com shogun.jain@sgapl

  24. Slide 24: Thank you

    Thank you

Shaily Engineering Plastics — Q1 FY2019 Earnings Presentation on 6ix