Star Cement Ltd. · NSE:STARCEMENT
Star Cement — Q4 FY2023 Earnings Presentation
33 slides from Star Cement's earnings presentation, Jun 19, 2023
Slide 1: Cover letter to stock exchanges: Investor Presentation Q4 FY2023
Date: 19th June, 2023 To To The Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block-G Dalal Street Bandra Kurla complex, Bandra-East Mumbai-400 001 Mumbai-400 051 Stock code: 540575 Stock code: STARCEMENT Dear Sir, Subject: In
Slide 2: Star Cement Limited: An Integrated Cement Company, Q4 Presentation March 2023
CREATING A BETTER TOMORROW STAR CEMENT LIMITED STAR CEMENT LIMITED AN INTEGRATED An Integrated Cement Company CEMENT COMPANY NSE Ticker: STARCEMENT | BSE Ticker: 540575 | Bloomberg Ticker: STRCEM:IN Q4 Presentation | MARCH 2023
Slide 3: Index
INDEX KNOW US BETTER: CORPORATE OVERVIEW BETTER PROSPECTS & POSSIBILITIES: INDIAN CEMENT INDUSTRY WHAT MAKES US BETTER: STRENGTHS & STRATEGIES PROMISING A BETTER TOMORROW: SUSTAINABILITY LEADING FROM THE FRONT: OUR MANAGEMENT TEAM NUMBERS THAT SPEAK FOR US: FINANCIAL PERFORMANCE REVIEW APPENDIX:
Slide 4: Know Us Better: Corporate Overview
KNOW US BETTER CORPORATE OVERVIEW
Slide 5: At a Glance
AT A GLANCE Star Cement Limited is one of the leading names among eastern India's cement manufacturers. The organisation has created a strong brand recall with its endeavor to maintain superior quality product, comprehensive supply chain eco- system, and unmatched efforts to uplift the community as
Slide 6: Our Footprint
OUR FOOTPRINT LUMSHNONG, MEGHALAYA 2.8 MTPA CLINKER UNIT 1.67 MTPA GRINDING UNIT 51 MW THERMAL POWER PLANT 12.3 MW WASTE HEAT RECOVERY PLANT SONAPUR, GUWAHATI, ASSAM 2.0 MTPA GRINDING UNIT MOHITNAGAR, SILIGURI, WEST BENGAL 2.0 MTPA GRINDING UNIT Map is used only for representation purpos
Slide 7: Our Star Products
OUR STAR PRODUCTS ORDINARY PORTLAND ANTI RUST PORTLAND PORTLAND POZZOLANA CEMENT COMPOSITE CEMENT (OPC) CEMENT (PPC) (ARC) CEMENT (PCC) OPC 43: PPC: ARC: PCC: Suitable for construction Ideal for: A highlight of Star Cement’s Portland Composite Cement is a where the grade of concrete Mass concretin
Slide 8: A Journey That Speaks of Expansion
A JOURNEY THAT SPEAKS OF EXPANSION FY 2004 – 05 FY 2010 – 11 FY 2016 – 17 FY 2020 – 21 FY 2023 – 24 First plant set up at Capacity of total Capacity of cement New cement plant at New Cement unit to be commercialised Lumshnong with cement production at plant at commercialised at at Sonapur
Slide 9: Better Prospects and Possibilities: Indian Cement Industry
BETTER PROSPECTS AND POSSIBILITIES INDIAN CEMENT INDUSTRY
Slide 10: Industry Scenario
INDUSTRY SCENARIO According to the estimate of the National Council for Cement and Building Materials (NCCBM), India’s cement industry is expected to add ~80 million tons capacity by 2025. The market size of the India's cement industry was 3,644.5 million tons in 2022. The industry hopes to reach
Slide 11: Installed Capacity and Utilisation
INSTALLED CAPACITY AND UTILISATION Being the second largest cement producer in the world after China, India contributes over 8 per cent to the global installed capacity in cement production. India has potentially rich deposits of limestones in different regions of the country essentially required fo
Slide 12: Production and Consumption
PRODUCTION AND CONSUMPTION The production of cement stood at ~375 million tons in FY2023, up from 351 million tons in FY2022. PRODUCTION The domestic production with 7 per cent y-o-y growth has surpassed the pre-covid levels India’s total cement consumption was ~370 million tons in FY2023. CON
Slide 13: Key Government Infrastructure Initiatives
KEY GOVERNMENT INFRASTRUCTURE INITIATIVES The Ministry of Railways in a recent announcement is planning to develop dedicated corridors in different parts of the country to meet the requirements of the cement sector. These corridors will be created specifically in areas, where the concentration of
Slide 14: What Makes Us Stronger: Strengths and Strategies
WHAT MAKES US STRONGER STRENGTHS AND STRATEGIES
Slide 15: Production Strength
PRODUCTION STRENGTH 2.0 MTPA Grinding unit at 5.7 MTPA 2.8 MTPA Siliguri, West Bengal CEMENT PRODUCTION CLINKER PRODUCTION CAPACITY CAPACITY 2.0 MTPA Grinding unit at 51 MW 12.3 MW Guwahati, Assam THERMAL POWER WASTE HEAT Setting up a 2.0 MTPA CAPACITY RECOVERY SYSTEM Grinding unit in Guwahati, Assa
Slide 16: Endorsing a Better Future
ENDORSING A BETTER FUTURE ANNUAL ADVERTISING & BRAND PROMOTION AKSHAY KUMAR, AS OUR BRAND AMBASSADOR, INVESTMENT (INR CR) BOOSTED OUR BRAND VISIBILITY 51.82 35.30 33.03 29.00 21.90 FY19 FY20 FY21 FY22 FY23 Invested in branding and 6.80 advertisement in the Q4 FY 22-23 (INR Cr) In Q3 and Q4, the comp
Slide 17: Advancing with Technology
ADVANCING WITH TECHNOLOGY STAR LOTUS APP (2700+ BUSINESS WHATSAPP: USERS): Star Cement official business WhatsApp Assisting contractors with classification, number is a medium where all queries site verification, gift distribution, and faced by customers, channel partners etc. journey, for bettering
Slide 18: Reaching Far and Wide
REACHING FAR AND WIDE STRONG SUPPLY CHAIN & DISTRIBUTION NETWORK We emphasize on strengthening being among the first one to identify the disparity in demand and supply forces, through a strong supply chain & distribution network: EASY AVAILABILITY OF RAW MATERIAL: Easy access and proximate location
Slide 19: The Star Shining Bright and Strong
THE STAR SHINING BRIGHT AND STRONG Enjoys a leadership position in the North East with market share of more than 23% Gradually increasing share in the Eastern region through concerted efforts DISTRIBUTION Strong dealer and distributor network built over the years, steering year-on-year NETWORK
Slide 20: Promising a Better Tomorrow: Environment, Social and Governance
PROMISING A BETTER TOMORROW ENVIRONMENT, SOCIAL AND GOVERNANACE
Slide 21: Sharing the Responsibility Towards the Community
SHARING THE RESPONSIBILITY TOWARDS THE COMMUNITY Health and Sanitation Livelihood Development Education Rural Development • TB patients of Sonapur district • STAR Usha Tailoring School in all • Infrastructural development including • Construction of 350 mt. RCC road of Hospital supported with food i
Slide 22: Leading from the Front: Our Management Team
LEADING FROM THE FRONT OUR MANAGEMENT TEAM
Slide 23: Good Governance: Our Promoters Team
GOOD GOVERNANCE PROMISING A BETTER TOMORROW OUR PROMOTERS TEAM Mr. Sajjan Bhajanka Mr. Rajendra Chamaria Mr. Sanjay Agarwal Chairman & Managing Vice Chairman & Managing Managing Director Director Director Experience: 36 years’ Experience: 50 years’ Experience: 36 years’ industry experience experienc
Slide 24: Our Management Team
GOOD GOVERNANCE PROMISING A BETTER TOMORROW OUR MANAGEMENT TEAM Mr. Vineet Mr. Manoj Mr. Pankaj Mr. Pradeep Mr. Sundaram Mr. Samar Mr. Kanak Tiwari Agarwal Kejriwal Purohit Srinivasan Banerjee Kumar Chief Executive Chief Financial Executive Director Chief Strategy Chief Chief Human Chhangani Officer
Slide 25: Numbers That Speak for Us: Financial Highlights
NUMBERS THAT SPEAK FOR US FINANCIAL HIGHLIGHTS
Slide 26: Operational and Financial Updates
OPERATIONAL AND FINANCIAL UPDATES Production in Q4 FY23 was 9,21,814 MT vs 8,57,173 MT in Q4 FY22, a YoY growth of 8%. OPERATIONAL Plant optimization has helped reduce power consumption per MT of Cement. Purchase of conditioned fly-ash through rakes is helping reduce flyash cost. Cement sales in Q4
Slide 27: Quarterly Highlights That Matter
QUARTERLY HIGHLIGHTS THAT MATTER SALES VOLUME - CEMENT REVENUE FROM CEMENT SALES EBITDA PAT (MILLION TONS) (INR CR) (INR CR) (INR CR) 825 96 1.235 179 88 123 749 1.152 Qtr ending Qtr ending Qtr ending Qtr ending Qtr ending Qtr ending Qtr ending Qtr ending March 2022 March 2023 March 2022 March 2023
Slide 28: Quarterly Highlights That Matter (per ton)
QUARTERLY HIGHLIGHTS THAT MATTER REALISATION COST EBITDA PAT (INR PER TON) (INR PER TON) (INR PER TON) (INR PER TON) 764 777 6640 1449 6493 1068 5425 5190 Qtr ending Qtr ending Qtr ending Qtr ending Qtr ending Qtr ending Qtr ending Qtr ending March 2022 March 2023 March 2022 March 2023 March 2022 Ma
Slide 29: Appendix
APPENDIX
Slide 30: Standalone Financial Highlights
STANDALONE FINANCIAL HIGHLIGHTS PARTICULARS Q4 FY23 Q4 FY22 FY23 FY22 Equity Share Capital INR Cr 40 40 40 40 Reserves & Surplus INR Cr 1,423 1,259 1,423 1,259 Net Worth INR Cr 1,463 1,299 1,463 1,299 Revenue INR Cr 831 742 2,731 2,219 EBIDTA INR Cr 123 93 339 255 PBT INR Cr 100 69 249 170 Tax Expen
Slide 31: Consolidated Financial Highlights
CONSOLIDATED FINANCIAL HIGHLIGHTS PARTICULARS Q4 FY23 Q4 FY22 FY23 FY22 Equity Share Capital INR Cr 40 40 40 40 Reserves & Surplus INR Cr 2,376 2,128 2,376 2,128 Net Worth INR Cr 2,416 2,168 2,416 2,168 Revenue INR Cr 825 749 2,705 2,255 EBIDTA INR Cr 179 123 520 379 PBT INR Cr 143 85 380 244 Tax Ex
Slide 32: Safe Harbour
SAFE HARBOUR This quarterly investor presentation has been prepared by Star Cement Limited (‘Star Cement’) and does not constitute a prospectus or placement memorandum or an offer to acquire any securities. This presentation or any other documentation or information (or any part thereof) delivered o
Slide 33: Thank You
THANK YOU MR. MANOJ AGARWAL CORPORATE OFFICE investors@starcement.co.in ‘Century House’, 2nd Floor www.starcement.co.in P-15/1, Taratala Rd, 2nd Floor, CPT Colony Taratala, Kolkata, West Bengal 700 088 32