Slide 1: Investor Presentation – 2018-19
Investor Presentation – 2018-19 Copyright © PRICOL Limited Slide 1 Date: 17th June 2019
Slide 2: Disclaimer
DISCLAIMER The contents of this presentation are for informational purposes only and for the reader’s personal non-commercial use. The contents are intended but not guaranteed to be correct compete or absolutely accurate. This presentation also contains forward-looking statements based on the curren
Slide 3: Income for the Quarter and Year Ended 31st March 2019
Income for the Quarter and Year Ended 31st March 2019 Rs. In Lakhs Q4- Q4- 2018-19 2017-18 2018-19 2017-18 Revenue from Operations 129789.60 120589.50 31668.28 32297.18 Less : Excise Duty - 2918.06 - - Revenue from Operations 129789.60 117671.44 31668.28 32297.18 Growth % 10.30% -3.20% -1.95% 24.40%
Slide 4: Profit from operations – Standalone for the Quarter and Year Ended 31st March 2019
Profit from operations – Standalone for the Quarter and Year Ended 31st March 2019 Rs. In Lakhs Q4 - Q4 - 2018-19 2017-18 2018-19 2017-18 Profit / (Loss) Before Tax (22,807.26) 7,421.82 (22,705.78) 4,433.28 Less : Profit from Sale of Land held as Stock-in-Trade 1010.36 7,129.77 - 3,876.69 Profit / (
Slide 5: EBITDA - YOY comparison between 2018-19 and 2017-18
EBITDA - YOY comparison between 2018-19 and 2017-18 Increase in sales over prior period 10.30% Decrease in EBIDTA over the prior period -1.80% Reason for decrease in EBIDTA 1) Increase in Raw material cost Forex impact due to Rupee weakening -1.12% LCD duty increase -0.21% Electronic components pric
Slide 6: EBITDA - YOY comparison between 2018-19 and 2017-18
EBITDA - YOY comparison between 2018-19 and 2017-18 The Company was targeting about 10% - 10.50% EBDITA during the year 2018-19 but could not achieve the same due to the reasons detailed above. Major portion of the Raw materials price increase is under recovery in the first half of 2019- 20 from all
Slide 7: Sales Performance 2018-19
SALES PERFORMANCE 2018-19 • Overall domestic OEM growth was 6% and Pricol’s growth was 11% • In Two wheelers the market grew by 7% while Pricol grew by 12%. • In Aftermarket Pricol grew by 14% and in export Pricol de-grew by 6% • The overall revenue saw a 10% growth compared to 2017-18. Copyright ©
Slide 8: Market Outlook – FY19-20 & 20-21
MARKET OUTLOOK – FY19-20 & 20-21 • The industry is expected to degrow in 2019-20. While the market degrowth is expected to be between 8% and 10%, Pricol’s revenue is expected to be flat at the same levels of 2018-19. • Pricol has won a number of new projects with various OEMs for the BS VI programme
Slide 9: Market Outlook – FY19-20 & 20-21 continued
MARKET OUTLOOK – FY19-20 & 20-21 ….continued • In the tractor and ORV segment Pricol has won some new businesses for implementing new Electronic Clusters in their various BS IV vehicles getting launched from April 2020. • Further, Pricol has re-entered into Electronic Cluster manufacturing for Passe
Slide 10: Consolidated – Total Income from Continued Operations
Consolidated – Total Income from Continued Operations Rs. In Lakhs 2018-19 2017-18 Revenue from Operations 131970.24 124414.07 Less : Excise Duty - 2918.06 Revenue from Operations 131970.24 121496.01 Other Operating Revenue 6825.62 5793.55 Sale of Land held as Stock-in-Trade 1183.50 8375.63 8009.12
Slide 11: Consolidated Profit from operations
Consolidated Profit from operations Rs. In Lakhs 2018-19 2017-18 Profit / (Loss) Before Tax 36.80 8,348.08 Less : Profit from Sale of Land held as Stock-in-Trade 1,010.36 7,129.77 Profit / (Loss) (973.56) 1,218.31 Add : Impairment 407.38 1,911.93 Add : Amortisation of Intangibles 2,262.07 2,262.07 P
Slide 12: Consolidated Profit / (Loss) from Operations
CONSOLIDATED PROFIT / (LOSS) FROM OPERATIONS Rs. In Lakhs PRICOL PT PRICOL Inter Company Total PRICOL ASIA Adjustment TOTAL REVENUE 138391.25 3638.33 21086.90 (22164.57) 140951.91 Expenditure 138000.76 4139.45 20692.96 (21918.08) 140915.10 EBITDA 10218.96 (45.08) 394.38 (513.78) 10054.46 Depreciatio
Slide 13: Consolidated – Pricol Espana & PWS India – Discontinued Operations
CONSOLIDATED – PRICOL ESPANA & PWS INDIA – Rs. In Lakhs DISCONTINUED OPERATIONS Pricol PWS Inter Company Total Espana India Adjustment # TOTAL REVENUE 50238.07 3166.42 (1232.54) 52171.95 Expenditure 61201.98 3701.00 4588.59 69491.57 EBITDA (5816.62) (260.76) (6088.43) (12165.81) Depreciation and Amo
Slide 14: Consolidated – Pricol Espana – Discontinued Operations
CONSOLIDATED – PRICOL ESPANA – DISCONTINUED OPERATIONS Rs. In Lakhs PWS PWS Pricol Do Pricol Adjustments Total Chezh Mexico Brasil Espana TOTAL REVENUE 38642.73 1386.71 10039.34 169.30 50238.07 Expenditure 41596.19 1698.21 17403.88 1370.497 (866.80) 61201.98 EBITDA (1701.18) (89.46) (4813.81) (78.98
Slide 15: Investment and Loan Details – Pricol Espana & PWS India
In Lakhs INVESTMENT AND LOAN DETAILS – PRICOL ESPANA & PWS INDIA INVESTMENT Investment in Pricol Espana Euro 248.00 Equity 19344.00 Investment in PWS India INR 700.00 Equity 700.00 Loans Outstanding and Guaranteed by Pricol Pricol Brazil Euro 67.37 Loan 5254.86 Pricol Espana USD 200.00 Loan 14000.00
Slide 16: Performance – Pricol do Brasil
PERFORMANCE – PRICOL DO BRASIL Rs. In Lakhs Performance of Brazil Sales PBT 2015-16 13031.35 (4,556.06) 2016-17 12338.04 (4,320.67) 2017-18 12780.00 (9,111.98) 2018-19 10040.00 (7,364.55) Copyright © PRICOL Limited Slide 16
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