Slide 1: Rushil Decor Limited Q3 FY16-17 Investor Presentation
Rushil Decor Limited (BSE: 533470, NSE: RUSHIL) Q3 FY16-17 Investor Presentation
Slide 2: Important Disclosures
Important Disclosures • This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Rushil Decor’s future business developments and economic per
Slide 3: Better Product Mix Driving Margin Expansion
Better Product Mix Driving Margin Expansion Revenues EBITDA Profit Before Tax Profit After Tax Rs. 706 Million Rs. 132 Million Rs. 90 Million Rs. 66 Million 1.8% 39.1% 79.6% 180.2% Mr. Krupesh Ghanshyambhai Thakkar - Managing Director on Performance “Rushil expanded its business across the laminates
Slide 4: Diversified Product Offerings and Growing Margins
Diversified Product Offerings and Growing Margins Domestic Sales (Rs. Million) Q3 (Rs. Million) FY16-17 FY15-16 Y-o-Y Growth (%) 130 Net Sales (Includes other operating 341 income) 728.7 747.0 (2.4) EBITDA 132.1 95.0 39.1 Exports (Rs. Million) Margin (%) 18% 13% 0 PAT 65.5 23.4 180.2 257 Margin (%)
Slide 5: MDFs Dominate Growth and Profitability, Laminates Profits Expand
MDFs Dominate Growth and Profitability, Laminates Profits Expand Segment Revenues Q3 FY16-17 Segment Revenues Q3 (Rs. Million) FY16-17 FY15-16 Y-o-Y Growth (%) 50% Laminates & Products 385.7 434.0 (11.1) 50% Medium Density Fibreboard 386.0 350.0 10.3 Less: Intersegment Revenues 3.2 5.2 (38.7) Revenu
Slide 6: Financial Performance
Financial Performance Revenues (Rs. Million) Major Drivers 749.8 753.4 760.0 747.0 • Profitability improved drastically for 730.5 728.7 MDF space by 82% resulting from better 720.0 pricing, lower raw material costs and higher demand. 680.0 Q3 FY15-16 Q4 FY15-16 Q1 FY16-17 Q2 FY16-17 Q3 FY16-17 • Lam
Slide 7: Improving Leverage Profile
Improving Leverage Profile Strong Liquidity and Leverage Room for Future Capex (Rs. Million) Q3 FY16-17 Q4 FY15-16 • Our company has continued to reduce leverage supported by strong cash flows Short term borrowings 358 469 and rising operating margins. Long term borrowings 380 438 • The leverage of
Slide 8: About Us Rushil Décor
About US Rushil Décor • Incorporated in 1993, Rushil Decor Limited is engaged in manufacturing of decorative laminate products and medium density fiber or MDF • Offers engineered interior products, which include decorative laminate sheets, industrial laminate sheets and Rushil kitchen door under “Vi
Slide 9: Product Offerings
Product Offerings Our company is engaged in manufacturing of wide variety of laminates and MDFs with varied specifications. Some of its listings include: • Medium Density Fibreboards • Pre lam MDF boards • Single Sided Or Decorative Laminate Sheet • Double Sided Or Compact Laminate Sheets • Post-For
Slide 10: Timeline of Growth and Innovation
Timeline of Growth and Innovation • Expanded MDF revenues by more 2016 than 20% on y-o-y • Amalgamation Of basis MRPL & RHPL Manufacturing Units Into Rushil Decor Private • Expanded MDF Limited revenues by more • Signed MOU With 2015 than 30% on y-o-y Government Of basis Gujarat For New Projects • V
Slide 11: Leadership and Management
Leadership and Management Beneficial Directors Position Description Ownership/ (% O/S) Has an experience of more than four decades in the industry of laminated sheets, plywood, particle board, prelam board and allied items. He holds Bachelor of Science degree from Gujarat University and holds Diplom
Slide 12: Government Initiatives, Spending and Customer Preferences Driving Growth
Government Initiatives, Spending and Customer Preferences Driving Growth • Major shift from unorganized to organized sector reflecting Strong Organic strong growth opportunities • Strategic decision on a possible capacity expansion Growth • Significant improvement of operating and net margins • High
Slide 13: Macro Rationale for Laminates and MDF
Macro Rationale for Laminates and MDF • Rushil Decor operates with capacity of 48 lakh sheets per annum, forming 3% of the country’s total production. • Total market size of more than Rs.5,000 crores, with unorganized market forming one-third Laminates • Capacity additions by organized and unorganiz
Slide 14: Statutory Financials
Statutory Financials Amount (Rs. million) Quarter Ended Nine months ended Description Dec-16 Sept-16 Dec-15 Dec-16 Dec-15 FY16 Net Sales 729 730 747 2212 2218 2968 Other Operating Revenues 22 21 28 63 65 91 Net sales or Revenue from Operations 707 709 719 2149 2153 2877 Expenditure -624 -615 -670 -1
Slide 15: Statutory Financials
Statutory Financials Amount (Rs. million) Quarter Ended Nine months ended Description Dec-16 Sept-16 Dec-15 Dec-16 Dec-15 FY16 1. Segment Revenue (Gross Revenues) Laminates & Allied Products 386 424 434 1212 1289 1700 Medium Density Fiber Board 386 350 350 1139 1054 1430 Particle Board 0 0 0 0 0 6 T
Slide 16: Rushil Decor Ltd. contact details
Rushil Decor Ltd. CIN – L25209GJ1993PLC019532 Registered Office: S. No. 125, Near Kalyanpura Patia, Village Itla, Gandhinagar-Mansa Road, Ta. Kalol, Dist. Gandhinagar, Gujarat – 382845 Corporate Office: (For Communications) Nr. Nilkanth Green Villa, Off S P Ring Road, Shilaj, Ahmedabad, Gujarat – 38