Sheela Foam Ltd. · NSE:SFL
Sheela Foam — Q1 FY2024 Earnings Presentation
20 slides from Sheela Foam's earnings presentation, Aug 3, 2023
Slide 1: Stock exchange filing cover letter
03rd August, 2023 To The BSE Limited The National Stock Exchange India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street, Mumbai-400001 Bandra(E), Mumbai-400051 Scrip Code: 540203 NSE Symbol: SFL Subject: Investor Presentation Dear Sir/Madam, Furtherance to our inti
Slide 2: Sheela Foam Ltd. Earnings Presentation Q1-FY24
Sheela Foam Ltd. Earnings Presentation Q1-FY24
Slide 3: Company Overview
Company Overview • Incorporated in 1971, Sheela Foam is one of the largest manufacturer of Polyurethane Foam (PU) in India. India Operations • The Company manufactures various foam-based home comfort products like mattresses, furniture cushions, as well as technical grades of polyurethane foams for
Slide 4: Q1-FY24 Performance Highlights
Q1-FY24 Performance Highlights Earnings Presentation Q1-FY24 3
Slide 5: Q1-FY24 Financial Highlights
Q1-FY24 Financial Highlights INR 777 Mn INR 433 Mn INR 4.41 Basic/ Diluted EPS EBITDA Net Profit INR 6,451 Mn 12.04% 6.71% Revenue from EBITDA Margin PAT Margin Operations INR 44.83 Basic/ Diluted EPS EBITDA Net Profit INR 20.81 INR 2,973 Mn INR 2,031 Mn Basic/ Diluted EPS Earnings Presentation Q1-F
Slide 6: Quarterly Geographical Revenues
Quarterly Geographical Revenues SFL India (INR Mn) Australia - Joyce (INR Mn) Spain - Interplasp (INR Mn) Consolidated (INR Mn) 7,000 40.00% 9,000 25.00% 35.00% 8,000 6,000 7,007 20.00% 4,878 6,451 7,000 30.00% 5,000 4,478 1,995 25.00% 6,000 25.00% 40.00% 15.00% 4,000 5,000 1,370 20.00% 35.00% 20.00
Slide 7: Quarterly Business Segment Revenues
Quarterly Business Segment Revenues Mattresses (INR Mn) Furniture Foam (INR Mn) Technical Foam Technical (INR Mn) Foam Comfort Foam and HC Line (INR Mn) 2,088 1,759 1,176 1,180 1,007 946 596 576 Q1-FY23 Q1-FY24 Q1-FY23 Q1-FY24 Q1-FY23 Q1-FY24 Q1-FY23 Q1-FY24 Earnings Presentation Q1-FY24 6
Slide 8: Gross Margins (%)
Gross Margins (%) Gross Margins (%) SFL India Australia - Joyce Spain - Interplasp 31.0% 51.3% 28.8% 27.2% 39.1% 39.5% 38.6% 49.8% 49.1% 25.7% 48.1% 46.8% 22.7% 35.4% 33.9% Q1-FY23 Q2-FY23 Q3-FY23 Q4-FY23 Q1-FY24 Q1-FY23 Q2-FY23 Q3-FY23 Q4-FY23 Q1-FY24 Q1-FY23 Q2-FY23 Q3-FY23 Q4-FY23 Q1-FY24 Earning
Slide 9: Quarterly Standalone Financial Performance
Quarterly Standalone Financial Performance Particulars (INR Mn) Q1-FY24 Q1-FY23 Y-O-Y Q4-FY23 Q-O-Q Revenue from Operations 4,478 4,878 (8.2)% 5,209 (14.0)% Operating Expenses 3,859 4,429 (12.9)% 4,588 (15.9)% EBITDA 619 449 37.9% 621 (0.3%) EBITDA Margin (%) 13.82% 9.20% 462 bps 11.92% 190 bps Othe
Slide 10: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (INR Mn) Q1-FY24 Q1-FY23 Y-O-Y Q4-FY23 Q-O-Q Revenue from Operations 6,451 7,007 (7.9)% 7,290 (11.5)% Operating Expenses 5,674 6,349 (10.6)% 6,516 (12.9)% EBITDA 777 658 18.1% 774 0.4% EBITDA Margin (%) 12.04% 9.39% 265 bps 10.62% 142 bps Othe
Slide 11: Historical Financial Overview
Historical Financial Overview Earnings Presentation Q1-FY24 10
Slide 12: Historical Standalone Income Statement
Historical Standalone Income Statement PARTICULARS (INR Mn) FY20 FY21 FY22 FY23 Operational Revenue 16,344 16,117 20,082 20,198 Operating Expenses 14,074 13,744 17,744 17,975 EBITDA 2,270 2,373 2,338 2,223 EBITDA Margins (%) 13.89% 14.72% 11.64% 11.01% Other Income 413 474 702 786 Depreciation 331 3
Slide 13: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet PARTICULARS (INR Mn) FY21 FY22 FY23 PARTICULARS (INR Mn) FY21 FY22 FY23 ASSETS EQUITY & LIABILITIES Non-current Assets 8,497 11,171 6,909 Equity 10,134 12,095 13,958 Property, Plant & Equipment 2,536 2,350 2,371 (a) Share Capital 244 244 488 Capital Work In Progre
Slide 14: Historical Consolidated Income Statement
Historical Consolidated Income Statement PARTICULARS (INR Mn) FY20 FY21 FY22 FY23 Operational Revenue 20,532 23,550 28,656 28,733 Operating Expenses 17,528 19,908 25,507 25,760 EBITDA 3,004 3,642 3,149 2,973 EBITDA Margins (%) 14.63% 15.46% 10.99% 10.35% Other Income 400 502 792 865 Depreciation 590
Slide 15: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet PARTICULARS (INR Mn) FY21 FY22 FY23 PARTICULARS (INR Mn) FY21 FY22 FY23 ASSETS EQUITY & LIABILITIES Non-current Assets 12,381 15,767 12,775 Equity 11,932 14,002 16,087 Property, Plant & Equipment 4,300 4,355 4,290 (a) Share Capital 244 244 488 Capital Work In Pr
Slide 16: Consolidated Financial Performance
Consolidated Financial Performance Revenues (INR Mn) EBITDA (INR Mn) and EBITDA Margins (%) PAT (INR Mn) and PAT Margins (%) 3,000 40.00% 4,000 3,642 30.00% 2,402 28,656 28,733 35.00% 2,500 3,500 3,149 2,187 3,004 2,973 25.00% 2,031 30.00% 23,550 3,000 2,000 1,943 20,532 2,500 20.00% 25.00% 1,500 20
Slide 17: Capital Market Data
Capital Market Data 1 year stock performance (As on 30th June, 2023) 40% 30% 20% 10% 0% -10% -20% -30% -40% Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Sheela Sensex Midcap Shareholding Pattern as on 30th June, 2023 Price Data (As on 30th June, 2023) INR Face
Slide 18: Disclaimer
Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the d
Slide 19: Disclaimer
Disclaimer Valorem Advisors Disclaimer: Valorem Advisors is an Independent Investor Relations Management Service company. This Presentation has been prepared by Valorem Advisors based on information and data which the Company considers reliable, but Valorem Advisors and the Company makes no represen
Slide 20: Thank You
THANK YOU Earnings Presentation Q1-FY24 19