Prism Johnson Limited · NSE:PRSMJOHNSN
Prism Johnson — Q1 FY2020 Earnings Presentation
13 slides from Prism Johnson's earnings presentation, July 2019
Slide 1: Investor Presentation for the Quarter ended June 2019
(Formerly Prism Cement Limited) AMONGST INDIA’S LEADING INTEGRATED BUILDING MATERIALS COMPANY Investor Presentation For the Quarter ended June 2019 July’ 19 1 www.prismjohnson.in
Slide 2: Quarter ended June 2019 – Executive Summary
Quarter ended June 2019 – Executive Summary q Overall performance during the quarter ended June 2019 is encouraging amidst on-going liquidity tightness and general slowdown. Consolidated EBITDA (ex of insurance subsidiary) saw a modest growth of ~3% to ₹ 2040mn q The Company has announced an interim
Slide 3: PJL Consolidated (ex RQBE) and Standalone Financials
Quarter ended June 19 – PJL Consolidated (ex RQBE) and Standalone Financials Conso Segment Revenue (Rs mn) Conso Segment EBITDA (Rs mn) 9000 2000 7954 1735 1699 1688 8000 7283 7330 1800 7000 1600 1400 6000 5412 4675 1200 5000 4095 3704 3939 3733 1000 4000 800 3000 600 2000 400 215 253 1000 134 103 1
Slide 4: Prism Cement – EBITDA improvement on the back of higher realizations
Prism Cement – EBITDA improvement on the back of higher realizations q Cement volume inched 2% on yoy basis. Cement and clinker volume growth declined by ~7% due to sharp fall in clinker volumes q EBITDA per ton at ₹ 1,111 was up ₹ 102 on yoy basis. While the overall cost went up, mainly on account
Slide 5: Marketing & Branding Activities and Recognition
Marketing & Branding Activities and Recognition Promotion Promotion thru thru wall delivery painting van Winner of Promotion Special at dealer’s Recomm- office endation 5
Slide 6: HRJ – Operating leverage at work
HRJ – Operating leverage at work q During the quarter tiles volume grew by 3% on yoy basis. Net working capital management continues to remain under control. q Consolidated revenues up ~14% yoy to ₹ 4675mn. Sanitaryware & faucets revenues increased by ~37% q Consolidated EBITDA margins are at ~4.6%
Slide 7: Customer engagement – Two new Display Centre and Brand recognition
Customer engagement – Two new Display Centre and Brand recognition VARANASI THIRUVANANTHAPURAM 36% 39% 39% 23% 36% 39% 41% 39% 43% 39% 39% 36% 39% 41% 39% 87% 60% 34% 23% 23% 21% 23% 23% 21% 11% 16% www.prismjohnson.in 7
Slide 8: RMC (India) – Performance impacted as cement price hike passed on with lag
RMC (India) – Performance impacted as cement price hike usually gets passed on with phase lag q During the quarter, revenues were nearly flat at ₹ 3704mn as compared to Q1FY19, on the back of liquidity tightness and slowdown in real estate sector q EBIT declined during the quarter due to steep incre
Slide 9: RMC (India) – Product display at Galleries
RMC (India) – Product display at Galleries Cochin Goa Noida Mohali Thiruvananthapuram www.prismjohnson.in 9
Slide 10: Debt/Equity ratio trending down has continued in Q1FY20
Debt/Equity ratio trending down has continued in Q1FY20 Standalone Net Debt / Equity (x) 2.00 1.88 1.86 1.80 1.64 1.60 1.45 1.40 1.23 1.16 1.20 1.00 0.80 FY15 FY16 FY17 FY18 FY19 Q1FY20 Standalone Net Debt / Equity (x) • The Company has reduced standalone debt (net) for four consecutive years • Impr
Slide 11: Raheja QBE General Insurance (RQBE) – future plans
Raheja QBE General Insurance (RQBE) – future plans q Joint Venture with QBE group of Australia with Prism Johnson stake at 51%. q General Insurance industry CAGR at 17% in last 18 years continues its upwards trajectory q India is currently the 4th largest non-life insurance market in Asia q Raheja Q
Slide 12: About PRISM JOHNSON LIMITED
About PRISM JOHNSON LIMITED PRISM JOHNSON LIMITED is one of India’s leading integrated Building Materials’ Company, with a wide range of products from cement, ready-mixed concrete, tiles and bathroom products. Prism Cement Prism Cement manufactures Cement with the brand name 'Champion' and premium q
Slide 13: About PRISM JOHNSON LIMITED – Investor Relations
About PRISM JOHNSON LIMITED Investor Relations PRISM JOHNSON LIMITED is committed to creating long-term sustainable shareholder value through successful implementation of its growth plans. The company’s investor relations mission is to maintain an ongoing awareness of its performance among sharehold