Solar Industries India Limited · NSE:SOLARINDS
Solar Industries India — Q4 FY2020 Earnings Presentation
17 slides from Solar Industries India's earnings presentation, Jul 31, 2020
Slide 1: Filing letter to exchanges: presentation on audited results
SOLAR Safety e Ouality e Reliability July 31, 2020 To, To, The Executive Director The Executive Director Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex Floor No. 25, PJ Towers Bandra (E) Dalal Street Mumbai. Mumbai - 40
Slide 2: Delivering Value Through Excellence Q4&FY20
Delivering Value Through Excellence Q4&FY20
Slide 3: 10 Years At A Glance
10 Years At A Glance 3,000 600 CAGR 2,462 2,500 Sales: +17.35% 500 EBIDTA: +18.52% 1,916 2,000 PAT: +18.09% 400 1,580 1,449 1,352 1,500 300 1,113 517 1,122 968 424 1,000 200 337 681 318 583 262 262 221 214 198 195 187 500 100 164 148 147 118 116 112 101 76 59 - - 2009-10 2010-11 2011-12 2012-13 2013
Slide 4: Consolidated Yearly Results
Consolidated Yearly Results % of Net Rs. In Crores Sales FY20 FY19 Change yoy FY20 FY19 Change Net Sales 2237.30 2461.57 (9.11%) - -- EBIDTA 475.37 516.66 (7.99%) 21.25 20.99 0.26 Interest/ Fin 55.04 49.87 10.37% 2.46 2.03 0.43 Depreciation 84.53 58.89 43.54% 3.78 2.39 1.39 PBT 335.80 407.90 (17.68%
Slide 5: FY20 V/S FY19
FY20 V/S FY19 Quantity (MT) Explosives Rate Explosives -6.03% 337456 Over FY20 -5.42% 33521 Over FY20 359116 Over FY19 35442 Over FY19 Value (Cr) Explosives Value (Cr) Accessories -11.1% 1131 crs Over FY20 15.4% 296 crs Over FY20 1273 crs Over FY19 257 crs Over FY19
Slide 6: Cost-Break-Up FY20 FY19
Cost-Break-Up FY20 FY19 54.31% Material Consumed 2.60 Material Consumed 56.91% 9.24% 1.75 Employee Cost 7.48% Employee Cost Other Exp 17.05% Other Exp 1.84 15.21% Finance 2.03% 2.46% Finance 0.43
Slide 7: Customers
Customers FY20 Customer FY20 % of Sales FY19 % of Sales Growth FY19 1.66% 1.92% CIL 381.57 17.06% 429.23 17.44% -11.10% 5.46% 17.06% Non CIL & Institutional 288.27 12.88% 285.79 11.61% 0.87% 6.91% 17.44% Housing & Infra 615.42 27.51% 662.77 26.92% -7.14% 35.43% 12.88% 11.61% Exports & Overseas 792.7
Slide 8: Consolidated Quarterly Results
Consolidated Quarterly Results % of Net Rs. In Crores Sales Q3FY20 Q4FY20 Q4FY19 Change yoy Q3FY20 Q4FY20 Q4FY19 Change Net Sales 563.23 547.48 672.95 (18.64)% EBIDTA 122.74 109.56 144.88 (24.38)% 21.79% 20.01% 21.53% (1.52) Interest/ Fin 14.11 14.42 10.63 35.65% 2.51% 2.63% 1.58% 1.05 Depreciation
Slide 9: Q4FY20 V/S Q4FY19
Q4FY20 V/S Q4FY19 Quantity (MT) Explosives Rate Explosives -10% 94927 Over FY20 -15% 31027 Over FY20 105245 Over FY19 36342 Over FY19 Value (Cr) Explosives Value (Cr) Accessories -23% 295 crs Over FY20 -4% 73 crs Over FY20 382 crs Over FY19 76 crs Over FY19
Slide 10: Cost-Break-Up Q4FY20 Q3FY20
Cost-Break-Up Q3FY20 Q4FY20 Q4FY19 53.40% Material Consumed Material Consumed 54.12% 58.96% Material Consumed 0.72 4.84 9.15% Employee Cost Employee Cost 10.49% 7.13% Employee Cost 1.34 3.36 17.33% Other Exp 1.67 Other Exp 19.00% 6.24 12.76% Other Exp 2.51% Finance 0.12 Finance 2.63% 1.05 1.58% Fina
Slide 11: Customers
Customers Q3FY20 % of Sales Q4FY20 % of sales Q4FY19 % of sales CIL 89.99 15.98% 106.43 19.44% 128.84 19.15% Institutional 80.74 14.34% 70.23 12.83% 66.06 9.82% Housing & Infra 130.77 23.22% 162.81 29.74% 233.75 34.74% Exports & Overseas 221.59 39.34% 173.77 31.74% 170.28 25.30% Defence 25.79 4.58%
Slide 12: Loan Position
Loan Position FY2019-20 FY2018-19 Working Capital ₹ 357.37 Working Capital ₹ 312.93 Domestic ₹ 66.89 Domestic ₹ 45.21 Overseas ₹ 290.48 Overseas ₹ 267.72 Term Loan ₹ 350.80 Term Loan ₹ 290.00 Domestic ₹ 215.36 Domestic ₹ 203.77 Overseas ₹ 135.44 Overseas ₹ 86.23 Total Debt ₹ 708.17 Total Debt ₹ 602.
Slide 13: Balance Sheet (Extract)
Balance Sheet (Extract) Particulars FY20 FY19 Capital Employed 1685 1430 Net Worth 1380 1238 ROCE (%) 23.19% 32.02% ROE (%) 19.38% 21.13% Debtor Days 60 59 Inventory Days 99 74 Creditor Days 46 43 Working Capital Days 113 90 EPS (Face Value Rs. 2) 29.55 28.91
Slide 14: Order Book Status
Order Book Status The total order book in hand is 1304 crores Coal India’s Approx 808 Crs SCCL’s Bulk + Accessories valuing approx 134 Crs Defence As-on-date stands at approx 362 Crs.
Slide 15: Shareholding as on 31.03.20
Shareholding as on 31.03.20 Mutual Funds :17.05 0.81 SBI MF (5.94), Kotak Fund 3.99 (4.01), HDFC (3.53), DSP (2.40), Canera Robeco (0.27) Others 1.17 (0.89) FPI : 3.99 Fidelity (2.16), India Midcap (Mauritius) 17.05 Limited (0.76), DFA Investment Group 3.83 (0.32), Others (0.73) GIC & Its Subsidiari
Slide 16: Solar Industries vs. BSE Small cap for the year
Solar Industries vs. BSE Small cap for the year 1400 16000 14000 1200 12000 1000 10000 800 8000 01-Apr-19 01-May-19 31-May-19 30-Jun-19 30-Jul-19 29-Aug-19 28-Sep-19 28-Oct-19 27-Nov-19 27-Dec-19 26-Jan-20 25-Feb-20 26-Mar-20 Solar Industries (LHS) BSE Smallcap (RHS) -15% -37%
Slide 17: Thank You
Thank You Solar Industries India Limited
Solar Industries India — Q4 FY2020 Earnings Presentation on 6ix