Century Plyboards (india) Ltd. · NSE:CENTURYPLY

Century Plyboards (india) — Q3 FY2017 Earnings Presentation

23 slides from Century Plyboards (india)'s earnings presentation, January 2017

  1. Slide 1: Financial Results Update for the Quarter ended 31st December, 2016

    Financial Results Update for the Quarter ended 31st December, 2016

  2. Slide 2: Contents

    Contents Topics Page No. Key Highlights 1 Balance Sheet 2 Key Ratios 3 Working Capital Cycle 4 Profit & Loss Summary 5 Plywood - Volumes & Financials 6-7 Laminates - Volumes & Financials 8-9 Particle Board - Volumes & Financials 10 - 11 Logistics - Volumes & Financials 12 - 13 Others - Financial Det

  3. Slide 3: Key Highlights – Q3FY17 Vs. Q3FY16

    KEY HIGHLIGHTS – Q3FY17 Vs. Q3FY16  Net Sales increased by 11.8 % to Rs. 425.46 crores  EBITDA increased slightly from 70.4 to 70.61 crores  Net Profit decreased from 41.16 to 37.31 crores  EPS decreased from Rs. 1.85 to Rs. 1.68 per share  Total Debt/Equity of 0.92 as on 31st December 2016 (0.

  4. Slide 4: Balance Sheet

    BALANCE SHEET Rs. Crores 2014 2015 2016 Dec '2016 PARTICULARS Audited Audited Audited Unaudited Net Worth (Including Share Capital -22.25 Cr) 291.41 387.58 528.88 654.23 Long Term Debt 117.98 81.42 64.07 145.71 Short Term Debt (Bank CC+Related party loan) 113.98 220.59 159.05 170.19 Non Current Liab

  5. Slide 5: Key Ratios

    KEY RATIOS Q3 16-17 KEY RATIOS 2013-14 2014-15 2015-16 (Annualized) Return on Avg Equity (ROE) (%) 24.74% 44.42% 36.68% 29.22% Return on Avg Capital Employed (ROCE) (%) 16.59% 26.68% 26.09% 21.39% ROACE - (Excluding MDF & PB Projects)(%) 16.59% 26.68% 27.40% 25.45% Total Outside Liabilities to Net W

  6. Slide 6: Working Capital Cycle

    WORKING CAPITAL CYCLE As on RATIOS 2013-14 2014-15 2015-16 31.12.2016 Net Sales for the 3rd Qtr - - - 425.46 Net Sales for the Yr (Annualized) 1,283.97 1,564.81 1,658.46 1,725.23 Debtor 204.63 268.14 289.78 323.55 Debtor Days (A) 58 63 64 69 Net Sales for the 3rd Qtr - - - 425.46 Net Sales for the Y

  7. Slide 7: Profit & Loss - Summary

    PROFIT & LOSS - SUMMARY Annual Growth % Growth % Quarter Growth % Growth % 9 Months Growth % SL PARTICULARS UNIT 2013-14 2014-15 2015-16 14 Vs 15 15 Vs 16 Sep '16 Dec '15 Dec '16 QoQ YoY Dec '16 Dec '15 9M to 9M A1 Net Turnover In Rs Cr 1,276.04 1,552.47 1,646.86 21.7% 6.1% 459.26 378.41 422.91 -7.9

  8. Slide 8: Plywood – Volume Details

    PLYWOOD – VOLUME DETAILS Annual Growth % Growth % Quarter Growth % Growth % 9 Months Growth % SL PARTICULARS UNIT 2013-14 2014-15 2015-16 14 Vs 15 15 Vs 16 Sep '16 Dec '15 Dec '16 QoQ YoY Dec '16-17 Dec '15-16 9M to 9M A VOLUME A1 -Plywood CBM 1,72,452 1,92,249 1,89,117 11.5% -1.6% 51,067 44,378 47,

  9. Slide 9: Plywood – Financial Details

    PLYWOOD – FINANCIAL DETAILS Annual Growth % Growth % Quarter Growth % Growth % 9 Months Growth % SL PARTICULARS UNIT 2013-14 2014-15 2015-16 14 Vs 15 15 Vs 16 Sep '16 Dec '15 Dec '16 QoQ YoY Dec '16 Dec '15 9M to 9M A1 Net Turnover In Rs Cr 964.84 1,147.08 1,173.51 18.9% 2.3% 325.06 264.42 300.49 -7

  10. Slide 10: Laminates – Volume Details

    LAMINATES – VOLUME DETAILS Annual Growth % Growth % Quarter Growth % Growth % 9 Months Growth % SL PARTICULARS UNIT 2013-14 2014-15 2015-16 14 Vs 15 15 Vs 16 Sep '16 Dec '15 Dec '16 QoQ YoY Dec '16-17 Dec '15-16 9M to 9M A VOLUME A1 - Laminates - Domestic NOS. 20,46,917 25,56,464 29,89,034 24.9% 16.

  11. Slide 11: Laminates – Financial Details

    LAMINATES – FINANCIAL DETAILS Annual Growth % Growth % Quarter Growth % Growth % 9 Months Growth % SL PARTICULARS UNIT 2013-14 2014-15 2015-16 14 Vs 15 15 Vs 16 Sep '16 Dec '15 Dec '16 QoQ YoY Dec '16 Dec '15 9M to 9M A1 Net Turnover In Rs Cr 236.69 293.54 335.30 24.0% 14.2% 97.91 73.17 87.72 -10.4%

  12. Slide 12: Particle Board – Volume Details

    PARTICLE BOARD – VOLUME DETAILS Annual Growth % Growth % Quarter Growth % Growth % 9 Months Growth % SL PARTICULARS UNIT FY 2013-14 FY 2014-15 FY 2015-16 14 Vs 15 15 Vs 16 Sep '16 Dec '15 Dec '16 QoQ YoY Dec '16 Dec '15 9M to 9M A VOLUME A1 - PPB SQM - - - 0.0% 0.0% 1,21,117 - 4,00,379 0.0% 0.0% 5,2

  13. Slide 13: Particle Board – Financial Details

    PARTICLE BOARD – FINANCIAL DETAILS Annual Growth % Growth % Quarter Growth % Growth % 9 Months Growth % SL PARTICULARS UNIT 2013-14 2014-15 2015-16 14 Vs 15 15 Vs 16 Sep '16 Dec '15 Dec '16 QoQ YoY Dec '16 Dec '15 9M to 9M A1 Net Turnover In Rs Cr - - - 0.0% 0.0% 2.02 - 6.54 0.0% 0.0% 8.56 - 0.0% A2

  14. Slide 14: Logistics (CFS) – Volume Details

    LOGISTICS (CFS) – VOLUME DETAILS Annual Growth % Growth % Quarter Growth % Growth % 9 Months Growth % SL PARTICULARS UNIT FY 2013-14 FY 2014-15 FY 2015-16 14 Vs 15 15 Vs 16 Sep '16 Dec '15 Dec '16 QoQ YoY Dec '16 Dec '15 9M to 9M A VOLUME A1 - CFS TEUs 52,924 72,508 82,057 37.0% 13.2% 20,233 23,113

  15. Slide 15: Logistics (CFS) – Financial Details

    LOGISTICS (CFS) – FINANCIAL DETAILS Annual Growth % Growth % Quarter Growth % Growth % 9 Months Growth % SL PARTICULARS UNIT 2013-14 2014-15 2015-16 14 Vs 15 15 Vs 16 Sep '16 Dec'15 Dec '16 QoQ YoY Dec '16 Dec '15 9M to 9M A1 Net Turnover In Rs Cr 54.31 70.28 83.73 29.4% 19.1% 21.08 23.13 19.93 -5.5

  16. Slide 16: Others – Financial Details

    OTHERS – FINANCIAL DETAILS Annual Growth % Growth % Quarter Growth % Growth % 9 Months Growth % SL PARTICULARS UNIT 2013-14 2014-15 2015-16 14 Vs 15 15 Vs 16 Sep '16 Dec '15 Dec '16 QoQ YoY Dec '16 Dec '15 9M to 9M A1 Net Turnover In Rs Cr 20.20 41.57 54.32 105.8% 30.7% 10.60 12.76 8.03 -24.2% -37.1

  17. Slide 17: Medium Density Fibre Board

    Medium Density Fibre Board  Strategically located at Hoshiarpur, Punjab, an area with adequate supply of raw material  Plant has a capacity of 600 cbm per day  Total capex to be incurred 380 crores out of which we have incurred approx. 207 crores till 31st December 2016  All major machineries an

  18. Slide 18: Capex Details

    CAPEX DETAILS Rs. Crores Incurred Estimated Budgeted during Upto Dec Estimated Estimated Particulars 2015-16 Jan '16 - Total Cost Apr - Dec '16 FY 17-18 FY 18-19 Mar '17 16 MDF 380.00 38.25 168.78 207.03 122.97 50.00 - 380.00 Plywood at Punjab 64.00 - - - - 24.00 40.00 64.00 Particle Board 66.48 51.

  19. Slide 19: Term Loan Projection

    TERM LOAN PROJECTION Rs. Crores PARTICULARS 2015-16 Apr-Dec 16 Jan - Mar 17 2017-18 2018-19 2019-20 2020-21 2021-22 OPENING - ECB 55.86 61.03 107.55 102.58 82.68 62.78 50.28 33.52 - Buyer's Credit - PB - - 9.86 9.86 9.86 9.86 - - - Buyer's Credit (MDF Capex) - - 69.82 150.00 150.00 150.00 - - - Rupe

  20. Slide 20: Fund Flow Summary

    FUND FLOW SUMMARY Rs. Crores SUMMARY FY 2015 FY 2016 9 Months 16-17 OPENING CASH/CASH EQUIALENT 18.04 17.03 19.04 ADD OPERATIONAL CASH INFLOW 160.89 212.92 112.72 LESS DIVIDEND PAYMENTS 45.96 60.09 0.00 LESS LONG TERM CASH OUTLOW 115.94 150.82 85.81 CLOSING CASH/CASH EQUIALENT 17.03 19.04 45.95 OPER

  21. Slide 21: Fund Flow Summary-contd.

    FUND FLOW SUMMARY-contd. Rs. Crores LONG TERM CASH FLOW FY 2015 FY 2016 9 Months 16-17 INFLOWS Long Term Borrowings - Rupee Term Loan & Finance Lease 7.14 5.38 61.05 - Foreign Currency Loan 0.00 23.20 66.12 - Buyers Credit 0.00 10.66 70.47 Increase in Non Current Liabilities 0.98 1.85 0.00 Decrease

  22. Slide 22: Forex Exposure

    FOREX EXPOSURE 31st Dec '16 vs 2015 Vs 2016 PARTICULARS 31.03.2014 31.03.2015 31.03.2016 30.06.2016 30.09.2016 31.12.2016 30th Sep '16 Diff Diff % Diff Diff % AVERAGE FOREX BOOKING RATES @ Rs. - USD 57.83 61.79 64.17 66.92 67.32 67.33 0.01 0.0% 2.38 4% - HKD 8.04 - - - - - - - - EURO 80.00 77.49 71.

  23. Slide 23: Thank You

    Thank You For Further Information please contact : Abhishek Rathi +91 98300408887 abhishek.rathi@centuryply.com

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