Asian Granito India Limited · NSE:ASIANTILES
Asian Granito India — Q1 FY2022 Earnings Presentation
32 slides from Asian Granito India's earnings presentation, Aug 6, 2021
Slide 1: Exchange submission letter for investor presentation
.r,;.Bcaut(/itl I4e~l, Date: 06.08.2021 To, To, Corporate Relations Department, Corporate Relations Department Bombay Stock Exchange Limited, National Stock Exchange of India Ltd. 2nd Floor, P.J Towers, Exchange Plaza, Dalal Street, Plot No., Cl 1, G-Block, Mumbai-400 001 Bandra Kurla Complex, Bandr
Slide 2: Investor Presentation Q1 FY2022
Asian Granito India Ltd. Investor Presentation Q1 FY2022
Slide 3: Table of Content
Table of Content 1 RESULTS SUMMARY Q1FY2022 11 AGL MILESTONES 2 OVERVIEW – TILES, QUARTZ SLABS AND BATHWARE 12 AGL YEARLY CONSOLIDATED FINANCIALS 3 AGL PLANT LOCATIONS 13 AGL – CORPORATE STRUCTURE AND SHAREHOLDING 4 AGL GLOBAL PRESENCE 5 AGL PRODUCT PORTFOLIO 6 AGL MANUFACTURING CAPABILITIES 7 AGL T
Slide 4: AGL – Consolidated Results Summary Q1-FY2022
AGL – CONSOLIDATED RESULTS SUMMARY Q1-FY2022 1) The current quarter has indeed tested our capabilities and competencies. Despite the challenges faced, your Company stood strong and delivered moderate growth in its volumes. We believe the demand to stay strong in the coming quarters with the easing o
Slide 5: Q1FY2022 Consolidated Performance Highlights
Q1FY2022 CONSOLIDATED PERFORMANCE HIGHLIGHTS Sales (Rs. Crores) EBIDTA (Rs. Crores) PAT (Rs. Crores) 272.98 24.94 8.28 -7.51 129.4 3.76 Q1FY21 Q1FY22 Q1FY21 Q1FY22 Q1FY21 Q1FY22 INVESTORS PRESENTATION 4
Slide 6: FY2021 Consolidated Performance Highlights
FY2021 CONSOLIDATED PERFORMANCE HIGHLIGHTS Sales (Rs. Crores) EBIDTA (Rs. Crores) PAT (Rs. Crores) 136 1,292 57.23 118 41.99 1,225 FY2020 FY2021 FY2020 FY2021 FY2020 FY2021 INVESTORS PRESENTATION 5
Slide 7: AGL – Consolidated Profit & Loss for Q1FY2022
AGL – CONSOLIDATED PROFIT & LOSS FOR Q1FY2022 AGIL Consolidated AGIL Standalone Particulars Rs. In Crs Rs. In Crs Q1FY21 Q1FY22 YoY Q1FY21 Q1FY22 YoY Sales 129.40 272.98 111% 111.80 237.32 112% Other Income 0.00 0.00 0.00 0.00 Total Income from Operations 129.40 272.98 111% 111.80 237.32 112% COGS 9
Slide 8: AGL – Consolidated Segmental Performance - Value
AGL – CONSOLIDATED SEGMENTAL PERFORMANCE - VALUE FY2020 VS FY2021 (Rs. In Crores) Q1FY2021 VS Q1FY2022 (Rs. In Crores) 300 .0 140 0.0 15.9 11.3 29.0 42.9 2.9 120 0.0 16.8 78.3 250 .0 16.5 183.4 28.2 100 0.0 91.6 84.8 200 .0 800 .0 645.6 150 .0 2.7 122.6 462.6 600 .0 2.7 6.1 5.7 100 .0 400 .0 62.5 21
Slide 9: AGL – Consolidated Geographical Performance
AGL – CONSOLIDATED GEOGRAPHICAL PERFORMANCE GEOGRAPHY BREAK UP - 12M (%) GEOGRAPHY BREAK UP – 3M (%) 120 120 100 11 100 11 12 9 80 80 28 30 30 30 60 60 30 29 28 40 40 34 20 20 31 30 33 24 0 0 FY2020 FY2021 Q1-FY2021 Q1-FY2022 West South North East West South North East INVESTORS PRESENTATION 8
Slide 10: AGL – Consolidated Tiles Revenue Breakup
AGL – CONSOLIDATED TILES REVENUE BREAKUP 12M REVENUE BREAK UP OF TILES % 3M REVENUE BREAK UP OF TILES % 120 120 100 100 25 31 80 36 32 80 60 14 22 60 14 13 19 17 40 20 22 40 36 36 20 20 31 32 0 0 12M-FY2020 12M-FY2021 Q1-FY2021 Q1-FY2022 GVT Double Charge PVT Ceramic GVT Double Charge PVT Ceramic IN
Slide 11: Consolidated Exports as Percentage of Sales
AGL - CONSOLIDATED EXPORTS AS PERCENTAGE OF SALES Rs. in Crores Rs. in Crores Exports Total Sales % of Sales Export Sales % of Sales 19.6% 15.1% 13.1% 13.1% 19.5% 1225.0 1292.3 1187.0 434.1 23.8% 273.0 129.4 155.0 240.0 195.1 56.7 30.8 53.2 FY2019 FY2020 FY2021 Q1 - FY2021 Q4 - FY2021 Q1 - FY2022 EX
Slide 12: Exports Paving the Way
EXPORTS PAVING THE WAY… 1,400 1,292 25.0% 1,187 1,225 Number of Countries exporting 1,200 19.6% 20.0% 120 1,000 100 800 15.0% 100 90 15.1% 78 600 13.1% 80 10.0% 400 60 240 195 155 5.0% 200 40 - 0.0% 20 FY19 FY20 FY21 0 Total Sales Exports % of Sales FY19 FY20 FY21 Asian Granito India Ltd exports spr
Slide 13: AGL – Industry Dynamics - India
AGL – INDUSTRY DYNAMICS - INDIA (Rs. In Crores) Tiles Market Quartz Slabs Market Rs. 35,000 Rs. 1,000 Organised Unorganised Organised Unorganised Rs. 15,000 Rs. 20,000 Rs. 800 Rs. 200 Listed Majors Unlisted Listed Majors Unlisted Baba Quartz & Morbi Morbi & Others Rs. 10,000 Rs. 5,000 Rs. 500 Rs. 30
Slide 14: AGL – Industry Dynamics - India
AGL – INDUSTRY DYNAMICS - INDIA Tiles Market Share Percentage Tiles Organised Market Share Percentage Tiles Listed Majors Market Share Percentage ` Nitco Orient 5% Bell AGL 5% Kajaria Organised Unlisted 11% 28% 43% 33% Listed Somany Unorganised Majors 15% Prism 57% 67% Cera 17% 11% Quartz Slabs Mark
Slide 15: Bathware Industry Dynamics - India
AGL - BATHWARE INDUSTRY DYNAMICS - INDIA (SANITARYWARE & C.P. FITTINGS) (Rs. In Crores) AGL Focus Rs. 5,000 + Rs. 9,000 Industry Bathware Market Share Percentage 1. Price Points (Sanitaryware + C.P. Fittings) 2. One stop solution Unorganised 3. Mass Retail Volumes Organised 46% 4. Govt. & Inst. Cont
Slide 16: AGL – Plant Locations
AGL – PLANT LOCATIONS Himmatnagar Plant – 1 (Wall) Himmatnagar Plant – 2 (Vitirified) Himmatnagar Plant – 3 Ahmedabad Head Office Mehsana Idar Himmatnagar Head Office Himmatnagar Plant - 4 Morbi Plant - 1 Morbi Plant - 2 Morbi Dholka Dholka Plant - 1 Mehsana Plant - 1 Idar Plant - 1 Morbi Dholka Num
Slide 17: Capacity Expansion
CAPACITY EXPANSION Crystal Ceramics Industries Private Limited (where Asian Granito is holding 70% of equity), has completed 12000 SQMTS/days of Glazed Vitrified Tiles brown field capacity expansion at its Meshana Plant. This capacity addition will increase total capacity of Crystal Ceramics to 36,0
Slide 18: AGL – Global Presence
AGL – GLOBAL PRESENCE GLOBAL FOOTPRINTS ACROSS ~ 100 COUNTRIES INVESTORS PRESENTATION 17
Slide 19: AGL – Product Portfolio
AGL – PRODUCT PORTFOLIO 1 Glaze Vitrified Tiles 2 Double Charged 3 Polished Vitrified Tiles 4 Ceramic Tiles TILES 1 Multi-Colour Quartz 2 E-Stone 3 Hard Stone 1 Sanitaryware BATHWARE QUARTZ SLAB 2 C.P. Fittings COMPOSITE MARBLE 1 Multi-Colour Marble 2 Nano Crystal Marble 3 Imported Natural Marble 4
Slide 20: AGL – Manufacturing Capacities
AGL - MANUFACTURING CAPACITIES Strategic Location Proximity to Raw Material sources and Capacity Per Water Ports for Exports Product Annum Absorption (Million Sq. Mtrs.) Capacity Green Energy Ceramic Wall 5.28 15-18% utilisation at plants – All plants 70% for Q1FY22 based on Gas Ceramic Floor 2.64 1
Slide 21: AGL Today
AGL TODAY Shareholder Value Creation Ranked amongst Exporting in more than the Top Ceramic 100 Tiles Company in countries India World’s Debt to Equity 9* Largest Kiln ratio State of the Art 2,400+ 1st has improved from Manufacturing Team Strength in India 0.62 to 0.39 Facilities across Gujarat Rs.1,
Slide 22: Reducing Debt Consistently
REDUCING DEBT CONSISTENTLY.. The company has proposed to do a Rights issue of Rs. 225 Crores 400 0.74 1 350 0.77 0.74 0.62 0.46 0.8 300 0.39 250 0.6 Disinvestment from Aston Paper & Board Mill · Limited, an Associate 200 150 0.4 Company listed on BSE/NSE in which the Company is holding 100 87,75,000
Slide 23: AGL – Trend Setter with Many Industry Firsts
AGL-TREND SETTER WITH MANY INDUSTRY ‘FIRST’ INNOVATION IS THE KEY FOR FUTURE GROWTH FIRST TO INTRODUCE 30 MM THICKNESS PIONEER IN BEST INTRODUCE LARGE 450X450 OUTDOOR INTRODUCE SLIMGRES MULTI COLOUR WATER JET FORMAT WALL AND TILE WITH 12MM TILES QUARTZ SLAB TECHNOLOGY VITRIFIED TILES THICKNESS INTRO
Slide 24: Marquee Clientele
MARQUEE CLIENTELE INVESTORS PRESENTATION 23
Slide 25: Government Projects
GOVERNMENT PROJECTS INVESTORS PRESENTATION 24
Slide 26: Change in Business Strategy from B2B to B2C
CHANGE IN BUSINESS STRATEGY FROM B2B TO B2C Mapping Towns with Initiative to increase On time delivery to Focusing on Franchise As part of strategy Key accounts which will population of more than Direct Interaction with customers across the Owned Franchise company have started to further boost compa
Slide 27: Certifications & Awards
CERTIFICATIONS & AWARDS Art Of Architecture FAAA ISO 9001 2015 & GRIHA Council AGL Gujarat Brand Readers Digest - Trusted IGBC - 2019 Dialogues Ahmedabad 2017 14001 2015 Dalpur JULY - 2019 Leadership Award - 2018 Consumer Brand - 2019 Expert Choice Award Fortune India Next 500 Gujarat Brand Leadersh
Slide 28: AGL - Milestones
AGL - MILESTONES Established Commenced Introduced AGL Group vitrified tiles production of 6-colour Amalgamation Launched Range Launched was facility at composite marble digital tile of Artisique ‘RAINBOW GLITZ’ Sanitaryware incorporated Himmatnagar slabs; New digital printing; Ceramic Pvt & ECO BLAN
Slide 29: AGL - Consolidated Financial Overview
AGL - CONSOLIDATED FINANCIAL OVERVIEW Net Revenue (Rs. in Crores) Net Worth (Rs. in Crores) 626.0 1,224.5 1,292.3 1,136.8 1,171.4 1,186.7 517.4 423.4 435.1 451.1 FY2017 FY2018 FY2019 FY2020 FY2021 FY2017 FY2018 FY2019 FY2020 FY2021 EBITDA & EBITDA Margin (%) PAT & PAT Margin (%) 12 4.6 4.4 11.9 160
Slide 30: AGL - Consolidated Financial Overview
AGL - CONSOLIDATED FINANCIAL OVERVIEW 14.0 250 17.5 16.8 20. 0 500 0.77 0.9 15.0 18. 0 450 0.74 0.74 0.8 200 16. 0 400 0.62 0.7 14. 0 350 0.46 0.6 150 12. 0 300 0.5 6.9 10. 0 250 0.4 100 8.0 200 6.0 0.3 150 50 4.0 0.2 100 141 144 149 172 184 2.0 50 300 323.1 333.8 320.6 285.6 0.1 0 0.0 0 0 FY2016 FY
Slide 31: AGL - Corporate Structure and Shareholding
AGL - CORPORATE STRUCTURE AND SHAREHOLDING Stock Data (As on 05th Aug, 2021) ASIAN GRANITO INDIA LIMITED Market Capitalization (Rs. in Million) 6,181.1 AGL INDUSTRIES AMAZOONE CRYSTAL CERAMIC AGL GLOBAL TRADE LIMITED CERAMICS LIMITED INDUSTRIES PVT PRIVATE LIMITED Shares Outstanding (Million) 34.28
Slide 32: Thank You
THANK YOU Asian Granito India Ltd. Office202, Dev Arc, Opp. Iskcon Temple, S. G. Highway, Ahmedabad - 380015, Gujarat, India. Phone: +91-79-66125500/698,Fax:+91-79-66125600/66058672 E-mail: info@aglasiangranito.com Mr. Kalpesh Thanki – IR Contact: 079-66125500 EXT 610/ ir@aglasiangranito.com S-ANCIA
Asian Granito India — Q1 FY2022 Earnings Presentation on 6ix