Solar Industries India Limited · NSE:SOLARINDS
Solar Industries India — Q2 FY21 Earnings Presentation
19 slides from Solar Industries India's earnings presentation, Nov 11, 2020
Slide 1: Exchange filing cover letter for results presentation
$OLAR Safety • Quality • Reliability 11November , 2020 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: Solar Industries India Limited Q2FY21
Solar Industries India Limited DHARTI | PAATAL | AAKASH Q2FY21
Slide 3: Consolidated Snapshot Q2FY21 v/s Q2FY20
Consolidated Snapshot Q2FY21 V/S Q2FY20 SALES E B ID T A PBT PAT 587 Cr. 126 Cr. 92 Cr. 68 Cr. 16 % 18 % 18 % - 22 % 507 Cr. 107 Cr. 78 Cr. 87 Cr.
Slide 4: Q2FY21 v/s Q2FY20
Q2FY21 V/S Q2FY20 Value (Cr) Quantity (MT) Rate Value (Cr) Explosives Explosives Explosives Accessories 222 69194 32074 61 3% 9% -6% -9% 216 67 63611 34015
Slide 5: Consolidated Quarterly Results
Consolidated Quarterly Results % of Net Rs. In Crores Sales Q1FY21 Q2FY21 Q2FY20 % Change Q1FY21 Q2FY21 Q2FY20 Change Net Sales 491.14 587.25 506.56 15.93% EBIDTA 91.93 125.88 106.73 17.94% 18.72% 21.44% 21.07% 0.37 Interest/ Fin 12.30 11.67 14.42 (19.07)% 2.50% 1.99% 2.85% (0.86) Depreciation 22.79
Slide 6: Cost-Break-Up
Cost-Break-Up Q1FY21 Q2FY21 Q2FY20 54.92% Material Consumed Material Consumed 49.16% 51.71% Material Consumed 5.76 2.55 9.94% Employee Cost Employee Cost 9.54% 8.93% Employee Cost 0.4 0.61 16.42% Other Exp Other Exp 19.86% 18.29% Other Exp 3.44 1.57 Finance 1.99% 2.50% Finance 0.51 0.86 2.85% Financ
Slide 7: Customers
Customers Particulars Q1FY20 % of Sales Q2FY21 % of Sales Q2FY20 % of Sales Y-o-Y CIL 98.48 20% 86.64 15% 75.30 15% 15% Non Cil & Institutional 48.65 10% 53.03 9% 65.52 13% -19% Housing & Infra 107.28 22% 111.53 19% 109.41 21% 2% Exports & Overseas 207.08 42% 266.11 45% 202.34 40% 32% Defence 23.46
Slide 8: Consolidated Snapshot 1HFY21 v/s 1HFY20
Consolidated Snapshot 1HFY21 V/S 1HFY20 SALES E B ID T A PBT PAT 1078 Cr. 218 Cr. 153 Cr. 112 Cr. -4 % -6 % -13 % - 30 % 1127Cr. 231 Cr. 176 Cr. 160 Cr.
Slide 9: 1HFY21 v/s 1HFY20
1HFY21 V/S 1HFY20 Value (Cr) Quantity (MT) Rate Value (Cr) Explosives Explosives Explosives Accessories 463 139481 33164 122 - 17 % -11 % -7% -18 % 558 149 156142 35766
Slide 10: Consolidated Half Yearly Results
Consolidated Half Yearly Results % of Net Rs. In Crores Sales 1HFY21 1HFY20 % Change 1HFY21 1HFY20 Change Net Sales 1078.39 1126.59 (4.28%) EBIDTA 217.81 231.28 (5.82%) 20.20% 20.53% (0.33) Interest/ Fin 23.97 26.51 (9.58%) 2.22% 2.35% (0.13) Depreciation 46.64 40.36 15.56% 4.32% 3.58% 0.74 PBT 152.
Slide 11: Cost-Break-Up
Cost-Break-Up 1HFY21 1HFY20 51.79% Material Consumed Material Consumed 54.85% 3.06 9.73% Employee Cost Employee Cost 8.67% 1.06 18.29% Other Exp Other Exp 15.95% 2.34 Finance 2.35% 2.22% Finance 0.13
Slide 12: Customers
Customers 1HFY21 % of Sales 1HFY20 % of Sales Change CIL 185.12 17% 185.21 17% 0% Non Cil & Institutional 101.68 9% 137.32 12% -26% Housing & Infra 218.81 20% 320.88 29% -32% Exports & Overseas 473.19 44% 397.79 35% 19% Defence 80.4 8% 69.91 6% 15% Others 19.19 2% 15.48 1% 24% 1078.39 1126.59 -4% 1H
Slide 13: Loan Position
Loan Position Q2FY21 FY 2019-20 Working Capital ₹ 310.97 Working Capital ₹ 357.37 Term Loan ₹ 517.11 Long Term ₹ 350.80 Total Debt ₹ 828.08 Total Debt ₹ 708.17 Cash & Cash & ₹ 106.00 ₹ 92.58 Investments Investments Net Debt ₹ 722.08 Net Debt ₹ 615.59
Slide 14: Balance Sheet (Extract)
Balance Sheet (Extract) Particulars 1HFY21 FY20 Capital Employed 1856 1685 Net Worth 1417 1380 ROCE (%) 23.61% 23.19% ROE (%) 21.16% 19.38% Debtor Days 65 60 Inventory Days 77 99 Creditor Days 42 46 Working Capital Days 100 113 EPS (Face Value Rs. 2) 11.86 29.55
Slide 15: Order Book Status
Order Book Status (As on 31st Oct 2020) Coal India’s Order Book Approx Rs.601 Crs SCCL’s Order Book Approx Rs.442 Crs Defence Order Book Approx Rs. 702 Crs.
Slide 16: CAPEX
CAPEX Capex till 30.09.2020 is Rs.112.82crs Planned Capex for the Year is 210 Crs
Slide 17: Shareholding as on 30.09.20
Shareholding as on 30.09.20 Mutual Funds 16.60 SBI (6.32), Kotak Fund (4.29), HDFC (3.08) , DSP (2.37), Others (0.54) Promoter’s Holding 73.15% FII & FPI Fidelity (2.74), India Midcap Mauritius (0.72), DFA Investments (0.32), Others (1.06) 4.84 3.86 0.69 0.85 GIC & its Subsidiaries Mutual Funds Publ
Slide 18: Solar v/s BSE Small Cap
Solar v/s BSE Small Cap Percentage Returns 3.91% 19.62%
Slide 19: Thank You!
Thank You! Solar Industries India Limited Dharti | Pa a t a l | Aakash
Solar Industries India — Q2 FY21 Earnings Presentation on 6ix