Greenlam Industries Ltd · NSE:GREENLAM
Greenlam Industries — Q2 FY2019 Earnings Presentation
20 slides from Greenlam Industries's earnings presentation, Oct 26, 2018
Slide 1: Cover letter to stock exchanges: Investor Presentation
• Greenlam/2018-19 Greenlam Industries Limited October 26, 2018 The Manager, The Manager, BSE Limited National Stock Exchange of India Ltd. Department of Corporate Services Exchange Plaza, Bandra Kurla Complex, Floor 25, P.J. Towers, Dalal Street Bandra (E) Mumbai - 400 001 Mumbai - 400 051 Fax No.
Slide 2: Result Presentation Q2 & H1FY19
PROFITING FROM DISCIPLINE GREENLAM INDUSTRIES LIMITED Result Presentation Q2 & H1FY19 October 2018
Slide 3: Safe Harbour
PROFITING FROM DISCIPLINE GREENLAM INDUSTRIES LIMITED Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Greenlam Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommen
Slide 4: Greenlam Today
PROFITING FROM DISCIPLINE GREENLAM INDUSTRIES LIMITED CUSTOMER CENTRIC LARGE PORTFOLIO GREENLAM APPROACH SURFACE DÉCOR PRODUCTS TODAY PASSIONATE FOR TRUSTED FOR • Among World’s Top 3 Laminate producers • Asia’s Largest Laminate brand INNOVATION & TRANSFORMING GREENLAM • India’s Largest Exporter of L
Slide 5: Our Product Portfolio
PROFITING FROM DISCIPLINE GREENLAM INDUSTRIES LIMITED Our Product Portfolio Decorative Laminate & Allied products Veneer & Allied Decorative Mikasa Mikasa Laminates Compact Panel MFC Veneer Floor Door Standard Compact Natural Panel Veneer Engineered Commodity to Lab Guardian Melamine Engineered Door
Slide 6: Unaudited Consolidated Financials
PROFITING FROM DISCIPLINE GREENLAM INDUSTRIES LIMITED Unaudited Consolidated Financials
Slide 7: Consolidated Financial Performance – Q2FY19
PROFITING FROM DISCIPLINE GREENLAM INDUSTRIES LIMITED Consolidated Financial Performance – Q2FY19 • Consolidated Net Revenue stood at INR 318 Crores as compared to INR 276 Crores, growth of 15.6%, Laminate revenue grew 13.4% from INR 240.3 crores in Q2FY18 to INR 272.5 crores in Q2FY19 Domestic
Slide 8: Consolidated Financial Performance – H1FY19
PROFITING FROM DISCIPLINE GREENLAM INDUSTRIES LIMITED Consolidated Financial Performance – H1FY19 • Consolidated Net Revenue stood at INR 607 Crores as compared to INR 553 Crores, growth of 9.6%, Laminate revenue from by 7.5% from INR 483.2 crores in H1FY18 to INR 519.6 crores in H1FY19 Domestic
Slide 9: Profit and Loss Statement
PROFITING FROM DISCIPLINE GREENLAM INDUSTRIES LIMITED Consolidated Financial Performance Profit and Loss Statement INR Crores Q2FY19 Q2FY18 YoY% H1FY19 H1FY18 YoY% Domestic Revenue 181.9 164.3 10.7% 341.3 332.3 2.7% International Revenue 136.5 111.3 22.7% 265.3 221.0 20.0% Net Revenue 318.4 275.6 15
Slide 10: Balance Sheet
PROFITING FROM DISCIPLINE GREENLAM INDUSTRIES LIMITED Consolidated Financial Performance Balance Sheet INR Crores Sept-18 Mar-18 INR Crores Sept-18 Mar-18 Shareholder’s Fund 386.5 356.1 Non-Current Assets 361.1 352.9 Share capital 12.1 12.1 Fixed assets 336.1 329.8 Reserves & Surplus 374.4 344.1 Goo
Slide 11: Laminates & Allied Segment
PROFITING FROM DISCIPLINE GREENLAM INDUSTRIES LIMITED Consolidated Financial Performance Laminates & Allied Segment INR Crores Q2FY19 Q2FY18 YoY% H1FY19 H1FY18 YoY% Domestic Revenue 140.6 130.8 7.5% 261.1 265.8 -1.8% International Revenue 131.9 109.5 20.4% 258.5 217.4 18.9% Net Revenue 272.5 240.3 1
Slide 12: Laminates & Allied Segment: Production, Sales, Realisation
PROFITING FROM DISCIPLINE GREENLAM INDUSTRIES LIMITED Consolidated Financial Performance Laminates & Allied Segment Production and Capacity (Mn Average Realisation (INR / Sales (Mn Sheets) Sheets) Sheet) -6.2% -5.7% +16.8% 3.51 3.53 3.51 3.31 3.55 3.35 778 667 Q2FY18 Q2FY19 Q2FY18 Q2FY19 Q2FY18 Q2FY
Slide 13: Veneers & Allied Segment
PROFITING FROM DISCIPLINE GREENLAM INDUSTRIES LIMITED Consolidated Financial Performance Veneers & Allied Segment INR Crores Q2FY19 Q2FY18 YoY% H1FY19 H1FY18 YoY% Domestic Revenue 41.3 33.5 23.3% 80.1 66.5 20.6% International Revenue 4.6 1.8 164.0% 6.8 3.7 84.9% Net Revenue 45.9 35.3 30.3% 86.9 70.1
Slide 14: Decorative Veneers
PROFITING FROM DISCIPLINE GREENLAM INDUSTRIES LIMITED Consolidated Financial Performance Decorative Veneers Production and Capacity Sales Average Realisation (Mn Sqmt) (Mn Sqmt) (INR / Sqmt) +6.8% +4.8% +3.2% 1.05 1.05 0.41 0.43 691 713 0.39 0.41 Q2FY18 Q2FY19 Q2FY18 Q2FY19 Q2FY18 Q2FY19 Capacity Pr
Slide 15: Engineered Doors and Floors
PROFITING FROM DISCIPLINE GREENLAM INDUSTRIES LIMITED Consolidated Financial Performance Engineered Doors and Floors Revenue (INR Crores) EBIDTA (INR Crores) Capacity Utilization 12.6 24% -0.5 5.1 -1.2 -1.3 9% 10% 9% 2.2 3.0 -1.8 Q2FY18 Q2FY19 Q2FY18 Q2FY19 Q2FY18 Q2FY19 Floors Doors Floors Doors Fl
Slide 16: Geographic Segments
PROFITING FROM DISCIPLINE GREENLAM INDUSTRIES LIMITED Consolidated Financial Performance Geographic Segments Domestic Revenue (INR Crores) International Revenue (INR Crores) +10.7% +2.7% +20.0% 182 341 +22.7% 137 265 332 164 111 221 Q2FY18 Q2FY19 H1FY18 H1FY19 Q2FY18 Q2FY19 H1FY18 H1FY19 15
Slide 17: Operating Parameters – Net Working Capital (Days)
PROFITING FROM DISCIPLINE GREENLAM INDUSTRIES LIMITED Consolidated Financial Performance Operating Parameters- Net Working Capital (Days) Net Working Capital Days In Days Q2FY18 Q2FY19 H1FY18 H1FY19 -11 90 79 Inventory 87 89 87 94 Debtors 53 46 53 48 Q2FY18 Q2FY19 -7 90 Creditors 83 50 56 50 59 Net
Slide 18: Return Ratios – ROCE & ROE
PROFITING FROM DISCIPLINE GREENLAM INDUSTRIES LIMITED Consolidated Financial Performance Return Ratios – ROCE & ROE ROCE INR Crores H1FY18 H1FY19 FY17 FY18 17.0% 16.5% 16.8% 18.3% EBIT 54.0 55.2 104.2 114.6 PAT 29.4 33.5 49.7 64.6 *H1FY18 *H1FY19 FY17 FY18 Capital Employed 634.5 668.7 618.5 627.4 RO
Slide 19: Debt Position
PROFITING FROM DISCIPLINE GREENLAM INDUSTRIES LIMITED Consolidated Financial Performance Debt Position Debt-Equity Ratio INR Crores H1FY18 H1FY19 FY17 FY18 0.92 1.00 Long Term Debt 0.68 0.71 (Including current 139.8 99.0 137.5 122.1 portion) Short Term Debt 155.9 164.7 161.0 129.6 *H1FY18 *H1FY19 FY
Slide 20: For further information, please contact
PROFITING FROM DISCIPLINE GREENLAM INDUSTRIES LIMITED For further information, please contact: Company : Investor Relations Advisors : Greenlam Industries Ltd. Strategic Growth Advisors Pvt. Ltd. CIN: L21016AS2013PLC011624 CIN: U74140MH2010PTC204285 Mr. Ashok Sharma - CFO Mr. Shogun Jain / Mr. Shrik
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