Surya Roshni Limited · NSE:SURYAROSNI
Surya Roshni — Investor Presentation (September 2020)
36 slides from Surya Roshni's investor presentation, Sep 23, 2020
Slide 1: Surya Roshni Limited exchange filing cover letter
- SURYA ROSHNI LIMITED An 1snso 9001 An IS1ISO 14001 & IS 18001 Company CIN - L31501 HR1973PLC007543 2nd Floor. Padma Tower-1, Rajendra Place. New Oelhi-110 008 Ph: +91-11-25810093-96. 47108000 Fax: +91-11-25789560 E-mail : cs@surya.in Website : www.surva.co in SRL/se/19-20/26 September 23, 2020 The
Slide 2: Surya Roshni Limited Investors Presentation September 2020
Surya Roshni Limited Investors Presentation September 2020 1
Slide 3: Index
The Company's Promoter & Executive Chairman, Shri Jai Prakash Agarwal, was conferred with Padma Shree Award for his distinguished services in the field of Trade and Industry by the Government of India Index Business Highlights Historical Financials Q1FY21 Results Steel Pipes & Strips Lighting and Co
Slide 4: Surya Roshni – Over Four Decade Strong Foundation
Surya Roshni – Over Four Decade Strong Foundation… 1973 45 years+ Rs 5,471+ crores Established Steel Pipe Brand Equity Conglomerate as on March 31, manufacturing unit at Bahadurgarh 2020 #1 #2 #1 GI Pipes manufacturer Lighting company ERW Pipes exporter (50+ countries) Continuous Dividend 2,50,000+/
Slide 5: With a Nation-wide Presence
…With a Nation-wide Presence… Steel Pipe & Strips Plants Corporate Office Lighting Plants Delhi Bahadurgarh (Haryana) 1973 Noida Kashipur (Uttarakhand) Gwalior (Madhya Pradesh) 1984 2010 Malanpur (Gwalior) 1992 Anjar (Gujarat) 2010 Branches Hindupur (AP) North Zone 2017 East Zone West and Central Zo
Slide 6: Driven by Focus on Improving Value Creation
… Driven by Focus on Improving Value Creation Rs 156 crores Rs 264 crores 0.78 F Continuous debt reduction Reduction in liabilities Reduction in liabilities Debt-Equity Ratio During FY19-20 During Q-1 (FY20-21) of Q-1 (FY20-21) O Cost efficiencies Less than 7% Rs 3,264 5+ C Improving asset utilisati
Slide 7: Company Overview
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Slide 8: Financials of Company
Financials of Company (INR in Crores) Revenue EBITDA PAT 5,975 PBT Depreciation Interest 5,471 4,931 376 358 121 349 108 3,884 314 115 103 105 114 86 244 113 2,964 63 96 87 89 103 84 61 157 172 140 87 118 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 Capital Employed ROE
Slide 9: Quarterly Financial Results
Quarterly Financial Results (INR in crores) Q-1 FY21 Q-1 FY20 Particulars Steel Lighting Total Steel Lighting Total Revenue 702 186 887 1093 321 1412 EBIDTA 32 12 44 57 28 84 Finance Cost 16 4 20 22 9 30 PBDT (Cash Profit) 16 8 24 35 19 54 Depreciation 14 7 21 18 7 25 PBT 1.55 1.37 2.92 17 12 29 PAT
Slide 10: Steel Pipes & Strips
Steel Pipes & Strips Extensive Applications 9
Slide 11: Steel Pipes & Strips Business – Leading by Value-addition
Steel Pipes & Strips Business – Leading by Value-addition Position and Brand Largest Exporter of ERW Pipes and largest manufacturer of ERW 5 Year CAGR GI pipes in India under Brand “PRAKASH SURYA” 19% Particulars Plant Locations Bahadurgarh (Haryana) Gwalior (M.P.) Anjar (Gujarat) Hindupur (A.P) Pro
Slide 12: Steel Pipes & Strips – % Share and Applications
Steel Pipes & Strips – % Share and Applications Galvanised (GI) 35% Black 24% Hollow Section 19% API Coated Pipes 11% CR Strips 11% Agriculture Construction Works Engineering & Oil & Gas Pipelines Auto Components Casing and tubing Fabrication Architectural Oil Well Casing Electrical Stamping for Hot
Slide 13: Strategically Located Manufacturing Units
Strategically Located Manufacturing Units Bahadurgarh Gwalior Anjar Hindupur (NCR – Delhi) Est. 1973 (Madhya Pradesh) Est. 2010 (Gujarat) Est. 2010 (Andhra Pradesh) Est. 2017 Spread over 53 acres, Spread over 51 acres, Spread over 96 Acres, State-of-the-art facility set proximity to Bahadurgarh cent
Slide 14: 3LPE Coated Manufacturing Unit
3LPE Coated Manufacturing Unit World -class 3LPE coating plant from SELMERS, Expansion Netherlands Expansion of 3LPE coating facility by installing Established track record, obtained accreditations, second line pipe facility (9,00,000 Sq Mtr) certifications of ISO 9001, 14001 & 18001 Estimated capex
Slide 15: Steel Pipes & Strips Segment
Steel Pipes & Strips Segment EBITDA & EBITDA Margin 5.0% 6.8% 5.9% 5.1% 6.0% Revenue PBT Depreciation Interest PAT (INR in Crores) 4,427 256 4,235 210 227 72 3,555 176 85 46 48 79 87 2,605 76 74 28 84 67 66 1,654 55 63 64 74 97 -7 39 37 -10 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 FY16 FY17
Slide 16: Steel Pipes & Strips Segment Performance Improvement
Steel Pipes & Strips Segment Performance Improvement Total QTY Vs Fresh QTY (in MT) Fixed Asset/ Turnover (in Times) 4.98 4.96 8.12 8.44 4.1 7.39 6.15 2.97 2.41 4.28 7.84 7.49 6.89 5.74 3.96 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 Total Qty Fresh Qty EBITDA/ Tonne (In Rs.) Sales Volume exc
Slide 17: Product wise sale % and EBITDA Per Tonne
Product wise sale % and EBITDA Per Tonne FY 15-16 FY 16-17 FY 18-19 FY 19-20 CAGR S.No Product Name Share EBITDA Share EBITDA Share EBITDA Share EBITDA QTY 1 GI Pipe 25% 3,490 37% 4,620 30% 4,557 35% 4,534 29% 2 Round Pipe 32% 1,744 24% 2,144 27% 2,205 24% 2,023 10% 3 Section Pipe 19% 1,535 13% 1,88
Slide 18: Value accretive strategies and outcomes
Value accretive strategies and outcomes Strategies Outcomes Hindupur operations Savings in logistics cost, increase in market share, economies of scale and reduced dependency on the Bahadurgarh unit. Higher capacity utilization of spiral & API pipes, savings in logistics 3LPE coating facility at Anj
Slide 19: Leveraging Strong Brand and Distribution Network
Leveraging Strong Brand and Distribution Network Selling with ‘Prakash Surya’ Brand across India via established Dealer and Distributor network. Strong brand leadership, historical presence, channel reach across India with strong presence in Tier II and Rural India, relationship build over decades.
Slide 20: Seeking Industrial Opportunities
Seeking Industrial Opportunities Water Oil and Gas City Gas Distribution ‘Har Ghar Nal se Jal’ mission aims to Demand for primary energy in India is The city gas projects in 232 provide safe and adequate drinking expected to increase three-folds by geographical areas covering more water to 150 milli
Slide 21: Supplying Products to Renowned Projects Abroad
Supplying Products to Renowned Projects Abroad Dubai EXPO 2021 Share in India's Total Export of ERW GI & Black Pipes 54% No.1 Surya Roshni No.2 Player 10% No.3 Player 24% 12% Others Dubai Frame Museum of Future Qatar FIFA 2022 Export Growth 28% in FY20 Largest exporter of ERW Pipes and ERW Galvanize
Slide 22: Lighting & Consumer Durables
Lighting & Consumer Durables 21
Slide 23: World-class Facilities with Innovation-driven R&D Centre
World-class Facilities with Innovation-driven R&D Centre Kashipur Lighting Unit Est. 1984 Gwalior Lighting Unit Est. 1992 R&D – To drive the change towards Smart Lighting Est. 2013 Manufactures LED lights (Lamps, Street Lights, Lighting Glass Plant, manufacturing LED lights Surya Technology & Innova
Slide 24: Distribution Strength – PAN India reach
Distribution Strength – PAN India reach Rural based distribution network and having 2,50,000 Retail Outlets . Transparent and attractive polices, schemes, incentives and foreign tours. Secondary Network of 300+ RTF & 2,500+ DSPs supports primary network and promotes effective communication with the
Slide 25: Lighting & Consumer Segment
Lighting & Consumer Segment (INR in Crores) Revenue EBITDA PAT 1,553 73 1,383 70 1,311 1,282 1,247 160 PBT Depreciation Int 62 149 58 42 138 138 26 28 103 37 22 20 23 31 21 30 98 30 97 81 92 43 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 Capital Employed ROCE ROE 886 1
Slide 26: Positive Trends
Positive Trends Monumental Lighting in Leh Fort Indian Lighting Industry grew massively in LED lighting (with major drop in conventional lighting) and is estimated to touch USD 5 billion, multifold growth in next 5 years. With 100 Smart Cities underway, India is moving towards Futuristic Smart Intel
Slide 27: Transition in Lighting & Consumer Durables Segment
Transition in Lighting & Consumer Durables Segment FY 2015-16 FY 2016-17 FY 2018-19 FY 2019-20 Sl No Particular Sales EBIDTA Sales EBIDTA Sales EBIDTA Sales EBIDTA 1 LED- Trade 12% 20% 24% 18% 38% 14% 49% 11% 2 LED-EESL 7% 8% 11% 12% 21% 11% 8% 8% Total LED (1 + 2) 19% 16% 35% 16% 60% 13% 56% 11% 3
Slide 28: Value accretive strategies and outcomes
Value accretive strategies and outcomes Strategies Outcomes Establishment of the R&D Centre Growth in LED business, aligned portfolio with market opportunities and manufacture value-added new generation LEDs in-house along with LED Façade & Solar Lighting Inclusion of consumer durables (fans and Lev
Slide 29: PVC Pipes – Offering Sizeable Business Opportunities
PVC Pipes – Offering Sizeable Business Opportunities Applications: 17% revenue The Company has Housing, irrigation, growth in FY20, Rs. already crossed infrastructure, 562 mn as approximately 70% drainage and compared to Rs. utilisation in June chemical 481 mn in FY19. 2020 and is further transporta
Slide 30: Enhancing Brand Visibility
Enhancing Brand Visibility Principal Sponsor Rajasthan Royals, IPL 2019 Light India Show 2018, New Delhi Surya Fans Print Ad with celebrity Scan to view the AD Atmanirbhar Bharat Television Ad Atmanirbhar Bharat Print Ad Dealer Conference, Singapore Cruise 29
Slide 31: Strong Core Values
Strong Core Values Surya Parivar Principle-centric, close-knit family, trust, mutual respect and team spirit Integrity Moral Principles, undivided spirit. reflects in personal lives, financial transactions and business deals CORE VALUES Social Responsibility Eco-Friendly products, optimised resource
Slide 32: CSR and Surya Foundation
CSR and Surya Foundation Bal Vikas Kendra Naturopathy and yoga Our dedicated CSR arm Surya Personality Development Foundation, discharges responsibilities in the fields of health, skill development and education. 31
Slide 33: Our Experienced Management Team
Our Experienced Management Team Mr. Jai Prakash Agarwal Promoter and Executive Chairman Mr. Agarwal is the driving force behind creating Surya as one of the most reputed, trusted and successful companies in both business verticals viz. Steel Pipe & Strips and Lighting & Consumer Durables. He has bee
Slide 34: Clients & Customers
ee Clients & Customers Ww Zz INDIAN OIL CORP. LTD. INDRAPRASTHA A Navratna Company GAS LIMITED OnGC _f Von 6 & CITYGAS BSNL BEL GAIL (India) Limited Wearing heselg inthe city Connecting Mdia Q fe ; Reliance ESSAR Marubeni Industries Limited ~ 4ac£aw . e., & mt A LARSEN & TOUBRO seca ferret afar BUIL
Slide 35: Disclaimer
Disclaimer This presentation does not constitute an offer from Surya Roshni Limited to any party and the information contained herein will not form the basis of any contract. Neither Surya Roshni Limited nor any of its shareholders, directors, employees, agents or representatives makes any warranty
Slide 36: Thank You
Thank You Surya Roshni Limited Regd. Office Prakash Nagar, Sankhol Bahadurgarh Distt. Jhajjar, Haryana: 124 507 CIN: L31501HR1973PLC007543 Corporate Office Padma Tower - 1, Rajendra Place, New Delhi - 110008 (INDIA) Ph: +91-11 47108000 Fax no: +91-11 25789560 Website www.surya.co.in Contact Detail B
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