Slide 1: Filing cover letter to stock exchanges
Ref. : 2023-24/Q-4/IP May 16, 2024 The National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, Bandra-Kurla Complex, Corporate Relationship Department, Bandra (East), Mumbai – 400 051. P. J. Towers, Dalal Street, Fort, Mumbai – 400 023. Code : PRSMJOHNSN Code : 500338 Dear Sir, Pursua
Slide 2: FY24 Investor Presentation
www.prismjohnson.in Amongst India’s Leading Integrated Building Materials Companies FY24 INVESTOR PRESENTATION May 2024 FY24 INVESTOR PRESENTATION MAY 2024
Slide 3: Prism Johnson: An Integrated Building Materials Company
Prism Johnson: An Integrated Building Materials Company www.prismjohnson.in CAPACITY PRODUCTS PRESENCE 5.6 MTPA at Satna, Madhya o Ordinary Portland Cement Pradesh; Supply agreements Regional presence catering o Portland Pozzalana Cement to Eastern & Central Uttar with several grinding units for (PP
Slide 4: Prism Johnson: Vision & Values
Prism Johnson: Vision & Values www.prismjohnson.in Vision Values Creating sustainable 1: One Team value by meeting the T: Transparency construction and lifestyle 1 TASC needs of our customers A: Accountability through innovative building materials S: Speed and services C: Changing with Time FY24 INV
Slide 5: Prism Johnson: Our Presence
Prism Johnson: Our Presence www.prismjohnson.in 2 Cement Plants, 1 Location, 5.6 MTPA 11 Tiles Plants, ~67 mn m2 2 Faucet Plants, 3.6 mn pcs 21 Experience Centres (HRJ) 102 RMC Plants*, 12.5 mn m3 Registered Office Corporate Office Prism Cement Plant Prism Cement Marketing Office Prism Cement AP Pro
Slide 6: Prism Johnson: Our Journey
Prism Johnson: Our Journey www.prismjohnson.in 2020 2021 2022 2023 Commissioned 10.0 MW of Received NCLT approval for the Launched Prism Champion All New tiles manufacturing plant at WHRS and 5.0 MW of solar Composite Scheme of Arrangement Weather Cement – Premium Cement Panagarh, West Bengal with a
Slide 7: FY24 Financial Performance Snapshot (1/2)
Executive Summary Consolidated (Ex. RQBE) FY24 Financial Performance Snapshot (1/2) www.prismjohnson.in Revenue (₹ Crores) FY24 Revenue Mix 6,830 7,175 FY24 revenue grew by Prism Prism 5,821 5,827 5.1% led by revenue RMC, Cement, 5,326 21% Prism Cement constituted growth in Prism Cement 46% 46% of F
Slide 8: FY24 Financial Performance Snapshot (2/2)
Executive Summary Consolidated (Ex. RQBE) FY24 Financial Performance Snapshot (2/2) www.prismjohnson.in Working Capital (Days) Operating Free Cash Flows (₹ Crores) 44 930 Better receivables management led to a 24 25 decline in debtors days 543 Operating Free Cash Flow 18 18 from 44 days in FY20 to 3
Slide 9: Segment Wise Q4 FY24 Update
Segment Wise Q4 FY24 Update www.prismjohnson.in EBITDA & EBITDA SALES VOLUME REVENUE MARGIN Prism Cement’s Q4 FY24 revenue EBITDA declined from ₹ 470 per ton Cement & clinker sales volume in Q4 FY23 to ₹ 300, primarily due to declined 3.3% YoY from ₹ 938 grew by 3.9% YoY to 1.89 million lower realiz
Slide 10: Prism Cement: Prominent Cement Player in the Satna Cluster
Prism Cement: Prominent Cement Player in the Satna Cluster www.prismjohnson.in Capacity Product Mix Prominent cement company in the Satna cluster with Superior product mix; Share of premium products an installed cement capacity of 5.6 MTPA; Supply (Champion Plus, Duratech and Champion All agreements
Slide 11: Prism Cement: Plant at Satna
Prism Cement: Plant at Satna www.prismjohnson.in Prism Cement’s Plant at Satna, Madhya Pradesh FY24 INVESTOR PRESENTATION MAY 2024 10
Slide 12: Prism Cement: Key Brands
Prism Cement: Key Brands www.prismjohnson.in Champion Champion Plus A premium product, known for its high Excellent durability that provides long- strength, high performance and term strength & gain, and is suitable for consistent quality; Helps in making the any type of structural application; Wide
Slide 13: Prism Cement: Strong Volume Growth in FY24
Prism Cement: Strong Volume Growth in FY24; Share of Premium Products Continues to Rise www.prismjohnson.in Cement & Clinker Sales Volume (mn tons) Premium Products % 34% 6.58 31% 5.72 5.82 5.92 28% 29% 5.22 22% FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY24 Regional Sales Breakup FY24 Sales
Slide 14: Prism Cement: Decrease in Power & Fuel Costs Improved EBITDA Per Ton
Prism Cement: Decrease in Power & Fuel Costs Improved EBITDA Per Ton in FY24 www.prismjohnson.in EBITDA per ton (₹) Cost per ton (₹) 4,669 4,522 962 3,627 3,903 889 3,482 709 445 523 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 Cost per ton (₹) FY20 FY21 FY22 FY23 FY24 % YoY Power & Fuel 1,227
Slide 15: Prism Cement: Key Operating Metrics
Prism Cement: Key Operating Metrics www.prismjohnson.in Lead Distance (Kilometers) Power Consumption (kWh / Ton of Cement) 74.0 71.2 72.8 73.5 74.1 384 396 382 380 369 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 Rail-Road Mix Dynamic Fuel Mix 3% 0% 0% 1% 3% 52% 51% 45% 38% 57% 61% 59% 51% 74%
Slide 16: Prism Cement: Q4 FY24 Performance Summary
Prism Cement: Q4 FY24 Performance Summary www.prismjohnson.in Cement & Clinker Sales Volume (mn tons) Premium Products % 1.89 1.82 1.74 34.7% 33.6% 33.4% 1.49 32.7% 1.45 1.44 32.5% 31.9% 1.37 31.3% 1.29 29.1% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY23 FY24 FY23 FY24 EBITDA per ton (₹) Costs per ton (₹) Q4 Q3 Q4 %
Slide 17: HRJ: Amongst the Leading Tiles & Bath Fittings Companies in India
HRJ: Amongst the Leading Tiles & Bath Fittings Companies in India www.prismjohnson.in Strong Brand & Wide Product Range Strong brand with a long standing history of tile manufacturing in India, operating since 1958; Wide product range: Tiles, Sanitary-ware & Bath-fittings, Quartz & Engineered Marble
Slide 18: HRJ: Wide Product Range with an Innovation Focus
HRJ: Wide Product Range with an Innovation Focus www.prismjohnson.in Innovations That Differentiate HRJ Germ Free Sanitaryware NOT JUST A BATHROOM BUT YOUR GERM FREE COMFORT ZONE. PRESENTING GERM FREE SANITARYWARE FROM JOHNSON. Cool Roof SRI (Solar Reflective Tiles) Tac Tiles High Mechanical Skid Re
Slide 19: HRJ: Key Brands
HRJ: Key Brands www.prismjohnson.in FY24 INVESTOR PRESENTATION MAY 2024 18
Slide 20: HRJ: Operates 21 Experience Centres Across India
HRJ: Operates 21 Experience Centres Across India www.prismjohnson.in List of Experience Centres Experience Centre at Hyderabad City State 1 Ahmedabad Gujarat 2 Bengaluru Karnataka 3 Bhubaneshwar Odisha 4 Calicut Kerala 5 Chandigarh Chandigarh 6 Chennai Tamil Nadu 7 Coimbatore Tamil Nadu 8 Delhi Delh
Slide 21: HRJ: Panagarh Tile Manufacturing Plant
HRJ: Panagarh Tile Manufacturing Plant Started Commercial Production in October 2023 www.prismjohnson.in State-of-the-art tile manufacturing plant at Panagarh, West Bengal FY24 INVESTOR PRESENTATION MAY 2024 20
Slide 22: HRJ: Key Operating Metrics
HRJ: Key Operating Metrics www.prismjohnson.in Revenue (₹ Crores) EBITDA (₹ Crores) & EBITDA Margin (%) 8.7% 10.6% 7.3% 5.7% 250 3.8% 10.0% 0.0% 200 -10.0% 150 2,221 2,399 2,386 235 -20.0% 1,823 1,833 100 159 176 -30.0% 50 137 70 -40.0% 0 -50.0% FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 Tile
Slide 23: HRJ: Leveraging the Johnson Brand & Distribution Network
HRJ: Leveraging the Johnson Brand & Distribution Network www.prismjohnson.in Johnson Bath Division 282 276 246 197 176 FY20 FY21 FY22 FY23 FY24 Revenue (₹ Crore) o Key Products: Sanitaryware, faucets and bath fittings o Production Capacity: Two faucet manufacturing plants located at Baddi, Himachal
Slide 24: HRJ: Growth Opportunities Complementary to Domestic Tiles Business
HRJ: Growth Opportunities Complementary to Domestic Tiles Business www.prismjohnson.in Marble & Quartz Exports Revenue Tiles Exports Revenue 117 184 104 164 89 119 102 108 39 8 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 Engineered Marble & Quartz Revenue (₹ Crore) Tiles (₹ Crore) o Environmen
Slide 25: HRJ: Q4 FY24 Performance Summary (Consolidated)
HRJ: Q4 FY24 Performance Summary (Consolidated) www.prismjohnson.in Revenue (₹ Crores) EBITDA (₹ Crores) & EBITDA Margin (%) 8.2% 7.7% 7.0% 7.2% 6.3% 6.1% 5.0% 4.5% 699 658 593 589 581 559 557 548 54 46 43 42 39 37 28 25 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY23 FY24 FY23 FY24 Tile Sales Volume (million m2) Q4
Slide 26: RMC: Amongst the Leading RMC Players with a Pan-India Presence
Prism RMC: Amongst the Leading RMC Players with a Pan-India Presence www.prismjohnson.in Pan India Presence Commercial Concrete OUR KEY BUSINESS VERTICALS Amongst top three players in the RMC sector with pan Core business catering to the India presence: 102 plants* at 47 cities / towns; Two concrete
Slide 27: Prism RMC: Wide Prismatic Product Range (1/2)
Prism RMC: Wide Prismatic Product Range (1/2) www.prismjohnson.in DURABILITY GREEN CONCRETE PERFORMANCE PRODUCTIVITY ENHANCEMENT FY24 INVESTOR PRESENTATION MAY 2024 26
Slide 28: Prism RMC: Wide Prismatic Product Range (2/2)
Prism RMC: Wide Prismatic Product Range (2/2) www.prismjohnson.in FLOORS DIY PREMIX WALLING SOLUTIONS FY24 INVESTOR PRESENTATION MAY 2024 27
Slide 29: Prism RMC: Financial Performance Summary
Prism RMC: Financial Performance Summary www.prismjohnson.in Revenue (₹ Crores) EBITDA (₹ Crores) 36.2 10.7 5.9 2.7 2.0 1.1 394 370 370 366 355 343 342 333 (5.0) (9.6) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY23 FY24 FY23 FY24 EBITDA Margin (%) FY20 FY21 FY22 FY23 FY24 9.2% Number of 99 96 97 91 102 Plants 2.9% 1.
Slide 30: Ardex Endura: Respectable Brand known for its Technological Prowess
Ardex Endura: Respectable Brand known for its Technological Prowess www.prismjohnson.in Revenue (₹ Crores) Prism Johnson’s Joint Venture with Ardex, Germany with a 200 219 50% Stake 155 168 133 R&D driven business Pan India presence with plants in Bengaluru, Vadodara, FY20 FY21 FY22 FY23 FY24
Slide 31: Raheja QBE General Insurance (RQBE): Performance Summary
Raheja QBE General Insurance (RQBE): Performance Summary www.prismjohnson.in Gross Written Premium (₹ Crores) AUM (₹ Crores) 909 884 861 850 148 804 803 799 782 139 116 94 76 54 47 38 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY23 FY24 FY23 FY24 RQBE added 50 new partners during Q4 FY24 taking the count of total part
Slide 32: Management Driving Several ESG Initiatives
Management Driving Several ESG Initiatives www.prismjohnson.in Green Energy Health & Safety Water Consumption Around 29.2% of Prism Cement’s total Over 23 Lakh m3 ground water power requirement met through green FY24 Lost Time Injury Frequency recharged by Prism Cement during & renewable sources dur
Slide 33: CSR Activities Categorised into Large Focus Areas
CSR Activities Categorised into 7 Large Focus Areas www.prismjohnson.in Health & Hygiene Environment & Water Conservation Empowerment & Skill Development Social Welfare Rural Infrastructure Development Promotion of Education Providing Potable Drinking Water FY24 INVESTOR PRESENTATION MAY 2024 32
Slide 34: Glimpses of CSR Initiatives During Q4 FY24
Glimpses of CSR Initiatives During Q4 FY24 www.prismjohnson.in Construction of Drain at Bamhauri Beautician Training at Rewa Roadside plantation with tree guards at Satna Mega Medical Camp at Baghai FY24 INVESTOR PRESENTATION MAY 2024 33
Slide 35: Awards & Recognition in FY24
Awards & Recognition in FY24 www.prismjohnson.in Prism Cement: HRJ: Trusted Brand for the Prism Cement: Apex India year 2023 - in the National CII Award Occupational the Tiles and for Excellence in Health & Safety Bath fittings Water Award 2023 – category Management Platinum Award 2023 Prism Cement:
Slide 36: Prism Johnson: At an Inflection Point
Prism Johnson: At an Inflection Point www.prismjohnson.in FY10 to FY11 FY11 to FY14 FY18 to FY24 FY25 & Beyond Years of Years of Years of At an Profitable Growth Challenges Consolidation Inflection Point Dynamic fuel mix (coal Cost competitive vs. pet-coke), use of structure in terms of Blending sil
Slide 37: Management Target to Achieve Past Peak Performance in the Medium Term
Prism Johnson: Management Target to Achieve Past Peak Performance in the Medium Term www.prismjohnson.in Prism Cement EBITDA / Ton (₹) 1,229 889 962 834 709 567 619 501 445 523 339 410 372 249 173 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 HRJ Consolidated EBITDA Marg
Slide 38: Division Wise Five Year Financial Performance
FY20 509 FY20 2,584 MAY 2024 FY21 560 FY21 2,586 FY24 INVESTOR PRESENTATION FY22 370 FY22 2,408 EBITDA (₹ Crores) Prism Cement Prism Cement FY23 264 FY23 3,030 Revenue (₹ Crores) FY24 346 FY24 3,318 FY20 70 FY20 1,823 FY21 159 FY21 1,833 FY22 235 FY22 2,221 HRJ HRJ FY23 176 FY23 2,399 FY24 137 FY24
Slide 39: Five Year Financial Performance Snapshot: Strengthening Balance Sheet
Five Year Financial Performance Snapshot: Strengthening Balance Sheet Consolidated (Ex. RQBE) www.prismjohnson.in Working Capital (Days) Operating Free Cash Flows (₹ Crores) 63 70 930 51^ 51^ 47 47 40 50 40 42 543 44 44 393 406 41 38 35 34 288 18 18 24 25 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23
Slide 40: Consolidated (Ex RQBE) Financials Summary
Consolidated (Ex RQBE) Financials Summary www.prismjohnson.in Particulars (₹ Crores) Q4 Q3 Q4 % QoQ % YoY FY20 FY21 FY22 FY23 FY24 % YoY FY23 FY24 FY24 Revenue from Operations 1,966 1,675 2,000 19.4% 1.7% 5,820 5,326 5,827 6,830 7,175 5.1% - Prism Cement 938 748 907 21.2% (3.3%) 2,584 2,586 2,408 3,
Slide 41: Standalone Financials Summary
Standalone Financials Summary www.prismjohnson.in Particulars (₹ Crores) Q4 FY23 Q3 FY24 Q4 FY24 % QoQ % YoY FY20 FY21 FY22 FY23 FY24 % YoY Revenue from Operations 1,948 1,657 1,968 18.7% 1.0% 5,579 5,035 5,569 6,712 7,069 5.3% - Prism Cement 938 748 907 21.2% (3.3%) 2,584 2,586 2,408 3,030 3,318 9.
Slide 42: Summary of Cash Flows (Consolidated Ex RQBE)
Summary of Cash Flows (Consolidated Ex RQBE) www.prismjohnson.in Particulars (₹ Crores) FY24 PAT, Pre-Exceptional Gains (194) Cash profit 212 Changes in Working Capital: - Increase/(Decrease) in Trade Payables (89) - Increase/(Decrease) in Trade Payables (Letter of Credit) 92 - (Increase)/Decrease i
Slide 43: Board Of Directors
Board Of Directors www.prismjohnson.in Name Designation Status 1 Mr. Shobhan M. Thakore Chairman Independent, Non-executive 2 Mr. Rajan Raheja Director Non-independent, Non-executive 3 Mr. Akshay Raheja Director Non-independent, Non-executive 4 Mr. Vijay Aggarwal Managing Director Non-independent, E
Slide 44: Management Profile: Experienced Management (1/2)
Management Profile: Experienced Management (1/2) www.prismjohnson.in Mr. Vijay Aggarwal Managing Director Vivek K. Agnihotri Executive Director & CEO – Cement MBA from FMS, University of Delhi Tenure in Company: ~9 years Past Experience: Ambuja Cements Limited, ACC Limited Sarat Chandak Executive Di
Slide 45: Management Profile: Experienced Management (2/2)
Management Profile: Experienced Management (2/2) www.prismjohnson.in B. Com, Company Mining Engineering from Secretary, LLB IIT (ISM) Dhanbad, MBA from S P Jain Institute of Tenure in Company: Management & Research, Joined in January 2023 Mumbai and LL.B from Past experience: Nagpur University Relia
Slide 46: Market Information
Market Information www.prismjohnson.in Absolute Share Price Performance Share Price Performance vs. BSE Sensex* 200 200 160 160 576 164.85 120 120 80 80 40 40 264 0 0 Apr20 Oct20Apr21 Oct21Apr22 Oct22Apr23 Oct23 Apr24 Value Traded on NSE + BSE (INR Crore) (RHS) Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Ap
Slide 47: About PRISM JOHNSON LIMITED
About PRISM JOHNSON LIMITED www.prismjohnson.in PRISM JOHNSON LIMITED is one of India’s leading integrated building materials’ companies, with a wide range of products from cement and ready-mixed concrete to tiles and bathroom products. Prism Cement Prism Cement manufactures Cement with the brand na
Slide 48: Investor relations contact and Safe Harbour
www.prismjohnson.in PRISM JOHNSON LIMITED is committed to creating long-term sustainable shareholder value through successful implementation of its growth plans. The company’s investor relations mission is to maintain an ongoing awareness of its performance among shareholders and financial community