Apollo Pipes Ltd. · NSE:APOLLOPIPE
Apollo Pipes — Q4 FY2018 Earnings Presentation
23 slides from Apollo Pipes's earnings presentation, May 23, 2018
Slide 1: Apollo Pipes Limited Q4 FY2018
Apollo Pipes Limited 37, Hargobind Enclave, Vikas Marg, New Delhi-110092, India Q4 FY2018 Sales volume improves by 23% Y-o-Y to 8,646 MTPA EBITDA increases by 27% Y-o-Y to Rs. 12 crore PAT higher by 126% to Rs. 12 crore New Delhi, May 23, 2018: Apollo Pipes Limited, among the top 10 leading piping s
Slide 2: Management's Message
Management’s Message Commenting on the Company’s performance for Q4 & FY2018, Mr. Sameer Gupta, Chairman, Apollo Pipes said, “We are pleased to report a robust set of results during the fiscal 2018, registering a healthy volume growth of 16% along with a strong PAT growth of 41%. This performance is
Slide 3: Key Developments
Key Developments Successfully commenced commercial production at the new manufacturing unit located in Ahmedabad, Gujarat State-of-the-art manufacturing facility will have an initial capacity of 10,000 MTPA, thereby taking the Company’s total available current capacity to 70,000 MTPA The Compa
Slide 4: About the Company
About the Company Apollo Pipes (BSE: 531761), is among the top 10 leading piping solution providing Company in India. Headquartered in Delhi, the Company enjoys strong brand equity in the domestic markets. With more than 3 decades of experience in the Indian Pipe Market, Apollo Pipes holds a strong
Slide 5: Apollo Pipes Limited Q4 & FY18
APOLLO PIPES LIMITED Q4 & FY18 Earnings Presentation May 23, 2018
Slide 6: Disclaimer
2 Disclaimer Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "
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Slide 8: Q4 & FY18 – Performance Highlights
4 Q4 & FY18 – Performance Highlights Sales Volume* (MTPA) Net Revenues (Rs. Crore) Shift: 22% Shift: 16% Shift: 17% Shift: 18% 284 32,181 241 27,685 6,757 8,275 63 74 Q4 FY17 Q4 FY18 FY17 FY18 Q4 FY17 Q4 FY18 FY17 FY18 EBITDA (Rs. Crore) PAT (Rs. Crore) Shift: 27% Shift: 7% Shift: 123% Shift: 41% 33
Slide 9: Key Developments
5 Key Developments Successfully commenced commercial production at the new manufacturing unit located in Ahmedabad, Gujarat • State-of-the-art manufacturing facility will have an initial capacity of 10,000 MTPA, thereby taking the Company’s total available current capacity to 70,000 MTPA • The Compa
Slide 10: Key Developments
6 Key Developments Expanding capacity at existing manufacturing unit at Dadri, UP • In Q4 FY18, the Company expanded capacity at its Dadri unit by 7,000 MTPA to 60,000 MTPA by installing additional lines at the plant • The Company will be further setting up additional capacity in a phase-wise manner
Slide 11: Abridged P&L Statement
7 Abridged P&L Statement Particulars (Rs. crore) Q4 FY18 Q4 FY17 Y-o-Y Shift FY18 FY17 Y-o-Y Shift Income from Operations Total Income From Operations (Net) 74.4 63.4 17% 284.5 241.1 18% Total Expenditure Raw Material expenses 49.5 45.0 10% 202.6 175.7 15% Employee benefits expense 3.8 2.8 37% 13.9
Slide 12: Consolidated Balance Sheet
8 Consolidated Balance Sheet ASSETS CONSOLIDATED CONSOLIDATED EQUITY AND LIABILITIES CONSOLIDATED CONSOLIDATED Particulars (Rs. Crore) As at 31st March 2018 As at 31st March 2017 Particulars (Rs. Crore) As at 31st March 2018 As at 31st March 2017 ASSETS EQUITY AND LIABILITIES Non-current assets Equi
Slide 13: Key Financial & Operational Parameters
9 Key Financial & Operational Parameters Sales Volume Break-up Q4 Q4 Y-o-Y Y-o-Y Particulars (MTPA) FY18 FY17 FY18 FY17 Shift Shift Sales Volume (excluding Others segment) uPVC Pipes 7,198 5,932 21% 29,121 25,070 16% Break-up – FY18 cPVC Pipes 172 124 39% 507 399 27% HDPE Products 351 303 16% 1,028
Slide 14: Key Financial & Operational Parameters
10 Key Financial & Operational Parameters Realizations (after adjusting inter-company) Q4 Q4 Y-o-Y Y-o-Y Particulars (Rs. / Ton) FY18 FY17 FY18 FY17 Shift Shift Product Revenue (excluding Others uPVC Pipes 77,257 81,440 -5% 76,917 76,204 1% segment) Break-up – FY18 cPVC Pipes 169,767 179,839 -6% 172
Slide 15: Financial Overview and Discussion (YoY)
11 Financial Overview and Discussion (YoY) Total Net Revenues during FY18 stood at Rs. 284 crore, registering an increase of 18% Y-o-Y; Q4 FY18 Net Revenues higher by 17% to Rs. 74 crore • A strong uptick in the demand conditions, especially in the second half of the year along with increasing contr
Slide 16: Financial Overview and Discussion (YoY)
12 Financial Overview and Discussion (YoY) Depreciation stood at Rs. 7 crore in FY18, higher by 48% Y-o-Y; Depreciation costs increased to Rs. 3 crore in Q4 FY18 • Higher depreciation due to commissioning of new capacities during the year • Going forward, as additional capacities go on-stream, the C
Slide 17: Management's Message
13 Management’s Message Commenting on the Company’s performance for Q4 & FY2018, Mr. Sameer Gupta, Chairman, Apollo Pipes said, “We are pleased to report a robust set of results during the fiscal 2018, registering a healthy volume growth of 16% along with a strong PAT growth of 41%. This performance
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Slide 19: Among the top 10 leading PVC pipe manufacturers in India
15 One of the leading PVC pipe manufacturers Among the fastest MTPA - Available Presence in Global turnover time in Capacity marketplaces industry Hours MTPA - Available Volume Growth capacity targeted by Products 5-yr CAGR FY2020 Among the top 10 leading PVC pipe manufacturers in India
Slide 20: Growth Map
16 Growth Map Figures in Rs. crore Particulars FY2014 FY2015 FY2016 FY2017 FY2018 CAGR Revenues 149 179 208 241 284 18% EBITDA 12 16 24 31 33 29% PAT 4 14* 10 16 22 53% Available Capacity MTPA (~) 34,000 35,000 52,000 53,000 60,000 15% Sales Volume (MTPA) 19,323 22,388 26,710 28,941 33,707 15% • Inc
Slide 21: Key Strengths
17 Key Strengths Proven expertise in complex Strong foothold in India projects Multiple and efficient product Catering to multiple sectors – offerings – 1,000+ products Agriculture, Water Management, Infrastructure Strong and highly experienced Advanced & efficient Management Team equipment & techno
Slide 22: Product Portfolio- Diversified Basket of 1,000+ Products
18 Product Portfolio- Diversified Basket of 1,000+ Products uPVC PIPING SYSTEM CPVC PIPING SYSTEM HDPE PRODUCTS PIPES FITTINGS PIPES FITTINGS HDPE PIPING SYSTEM uPVC PIPES uPVC PLUMBING PIPING SYSTEM PLB DUCTS uPVC RING FIT PIPES uPVC AGRI FITTINGS IRRIGATION PIPES uPVC COLUMN PIPES S
Slide 23: Thank You
19 THANK YOU For further information, please contact: A.K. Jain Anoop Poojari / Shikha Kshirsagar Apollo Pipes Ltd CDR India Email: akjain@apollopipes.com Tel: +91 22 6645 1211/ 6645 1243 Email: anoop@cdr-india.com shikha@cdr-india.com