Visaka Industries Ltd. · NSE:VISAKAIND
Visaka Industries — Q2 FY2021 Earnings Presentation
30 slides from Visaka Industries's earnings presentation, Nov 6, 2020
Slide 1: Exchange filing cover letter
Ref: VIL/SEC/ST-EX/Investors’ Presentation/2020-21/49 Date: 06.11.2020 To, National Stock Exchange of India Limited, Bombay Stock Exchange Limited, Exchange Plaza, 5th Floor, The Senior General Manager, Plot No. C/1G Block, Bandra Kurla Complex, Listing Compliances, Floor 25, P. J. Towers, Bandra (E
Slide 2: Q2FY21 Results Presentation
Q2FY21 RESULTS PRESENTATION Nov 2020
Slide 3: Disclaimer
DISCLAIMER This Information Package is distributed by Visaka Industries Ltd. on a strictly confidential basis for information only. This Information Package should not be disclosed, reproduced or used in whole or in part for any purpose whatsoever or furnished to any other persons without the expres
Slide 4: Table of Contents
TABLE OF CONTENTS 1 Result Highlights 2 Operational Metrics 3 Financial Summary 4 Annexure 5 Brands & Offerings 3
Slide 5: Result Highlights
RESULT HIGHLIGHTS
Slide 6: Quarterly Result Snapshot
QUARTERLY RESULT SNAPSHOT Particulars (₹ mn) Q2FY21 Q2FY20 % chg Q1FY21 % chg 1HFY21 1HFY20 % chg Segment Sales Vol (Mt) Building Products 1,63,270 1,58,859 2.8% 2,26,492 -27.9% 3,89,762 4,37,847 -11.0% • Sales in Q2FY21 was flattish at -1% YoY Spinning 1,388 2,683 -48.3% 737 88.3% 2,125 5,586 -62.0
Slide 7: Quarterly Financial Highlights
QUARTERLY FINANCIAL HIGHLIGHTS Operating Revenue (₹ mn) EBITDA (%) PAT (₹ mn) 1014 bps -1.0% 68.8% 19.0 223 2,284 2,262 132 8.9 Q2FY20 Q2FY21 Q2FY20 Q2FY21 Q2FY20 Q2FY21 6
Slide 8: Yearly Financial Highlights
YEARLY FINANCIAL HIGHLIGHTS Operating Revenue (₹ mn) EBITDA (%) PAT (₹ mn) -26.9% -7.6% -270 bps 11,364 674 10,504 13.7 493 11.0 FY19 FY20 FY19 FY20 FY19 FY20 7
Slide 9: Quarterly Segment Mix
QUARTERLY SEGMENT MIX Building Product Revenues (₹ mn) Building EBIT (₹ mn) 2,960.5 612.7 2,718.9 2,400.9 2,019.0 406.6 392.1 1,912.9 1,889.5 1,884.9 1,755.6 1,745.2 290.8 235.3 187.8 125.8 79.4 100.1 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q2FY20 Q
Slide 10: Yearly - Segment Mix
YEARLY - SEGMENT MIX Building Product Revenues (₹ mn) Building EBIT (₹ mn) 9,159.3 1,353.6 8,334.6 8,179.7 8,420.0 8,346.1 1,220.6 7,817.3 7,047.9 1,009.0 711.8 486.3 531.3 244.6 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY14 FY15 FY16 FY17 FY18 FY19 FY20 Synthetic Revenues (₹ mn) Synthetic EBIT (₹ mn) 2,2
Slide 11: Building Product revenues dominant, Textiles pick up gradual
Building Product revenues dominant, Textiles pick up gradual Cement Asbestos (%) Cement Board & Panels (%) Textiles - Synthetic Yarns (%) 19 20 21 19 71 19 71 18 69 68 17 67 17 65 16 60 15 15 14 11 9 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY14 FY15 FY16 FY17 FY18 FY19
Slide 12: Management Commentary
MANAGEMENT COMMENTARY • Overall Revenue from operations in Q2FY21 was flattish • Overall EBIDT margins increased 1014 bps at 19% in QFY21 vs. 8.9% in Q2FY20 • EBIT of Building Products in Q2FY21 rose by 394% YoY to Rs 392 mn, synthetic yarns EBIT is negative • Capacity Utilization in Building Produc
Slide 13: Operational Metrics
OPERATIONAL METRICS
Slide 14: Operational Metrics - Quarterly
OPERATIONAL METRICS - QUARTERLY Operational Metrics (₹ mn) Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Segmental revenues Building Products 1,912.9 1,889.5 2,400.9 2,960.5 1,755.6 1,884.9 1,745.2 2,718.9 2,019.0 Synthetic Yarn 597.5 509.8 596.7 567.8 528.6 529.6 531.9 133.0 242.8
Slide 15: Operational Metrics – Annually
OPERATIONAL METRICS – ANNUALLY Operational Metrics (₹ mn) FY14 FY15 FY16 FY17 FY18 FY19 FY20 Segmental revenues Building Products 7,047.9 8,334.6 8,179.7 7,817.3 8,420.0 9159.3 8,346.1 Synthetic Yarn 1,781.3 1,796.4 1,715.8 1,788.3 1,703.2 2204.8 2,157.8 Segmental Profits Building Products 244.6 486
Slide 16: One Stop Solution Provider
ONE STOP SOLUTION PROVIDER Fibre Cement Roof V Next by Visaka A T U M by V Next The Wonder Yarn 15
Slide 17: Profit & Loss Statement - Quarterly
PROFIT & LOSS STATEMENT - QUARTERLY Profit & Loss (₹ mn) Q2FY19 Q3FY19 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Income from Operations 2,510.4 2399.3 2,997.5 3,528.2 2,284.1 2,414.4 2,277.1 2,851.9 2,261.8 Other Income 20.0 13.4 17.9 14.9 20.3 14.3 16.7 15.6 24.3 Total Income 2,530.3 2412.7
Slide 18: Profit & Loss Statement – Annually
PROFIT & LOSS STATEMENT – ANNUALLY Profit & Loss (₹ mn) FY14 FY15 FY16 FY17 FY18 FY19 FY20 Income from Operations 8,921.0 10,211.3 10,048.5 9,605.7 10,123.2 11,364.1 10,503.8 Other Income 53.6 24.2 27.3 57.1 45.7 120.4 66.2 Total Income 8,974.6 10,235.5 10,075.8 9,662.8 10,168.9 11,484.5 10,570.1 Op
Slide 19: Balance Sheet & Key Ratios
BALANCE SHEET & KEY RATIOS Balance Sheet (₹ mn) FY14 FY15 FY16 FY17 FY18 FY19 FY20 Share capital 159.2 159.2 159.2 159.2 159.2 159.2 159.2 Reserves and Surplus 3,174.5 3,162.6 3,311.4 3,719.5 4,297.4 4,835.8 4890.9 Non-current liabilities 1,258.2 1,193.9 758.9 999.3 1,090.4 982.9 1001.3 Current liab
Slide 20: Annexure
ANNEXURE
Slide 21: Stock Information
STOCK INFORMATION Market cap (₹) Shares outstanding NSE code BSE code 5,700 mn 16.1 mn VISAKAIND 509055 (as on 4h Nov 2020) (30th Sept 2020) Shareholding Pattern as on 30th Sept 2020 Relative stock price vs BSE Small Cap Promoters Retail FPI Others Visaka Ltd BSE Small Cap Index 275 17.0 225 1.3 175
Slide 22: Key Managerial Team
KEY MANAGERIAL TEAM SHRI. G. VAMSI SHRI. DR G. KRISHNA VIVEKANAND Joint Managing Director Vice Chairman He is a science graduate from Purdue An MBBS graduate from Osmania University, USA. He joined Visaka in June University and a former Member of 2010 as a management trainee and Parliament is a firs
Slide 23: Brand Offerings
BRAND OFFERINGS
Slide 24: Prestigious Brands of Visaka Industries
PRESTIGIOUS BRANDS OF VISAKA INDUSTRIES VISAKA & SHAKTI V-Next V-Board V-Premium V-Plank V-Panel ATUM V-Infill 23
Slide 25: Green Products Footprints Increasing
GREEN PRODUCTS FOOTPRINTS INCREASING Vnext by Visaka products are manufactured using Cellulose fiber and are Green Pro Certified product (V board, V designer, V plank & V premium, and V panel) by CII-IGBC, the first and only company to be certified Green Products in the category of FCB. With use of
Slide 26: Revolutionizing Use of Energy Efficiently - ATUM
REVOLUTIONIZING USE OF ENERGY EFFICIENTLY - ATUM 25
Slide 27: Aesthetic Appearance with the V-Boards and Panels
AESTHETIC APPEARANCE WITH THE V-BOARDS AND PANELS 26
Slide 28: Increased Acceptance of Visaka's Offerings in Residentials
INCREASED ACCEPTANCE OF VISAKA’S OFFERINGS IN RESIDENTIALS 27
Slide 29: Awards and Accolades
AWARDS AND ACCOLADES • Silver Winner-Spot light awards by LACP -Under Category Annual Report for 2011-12 • Awareness Centre of Environment- World Environment day – 2006 • AP Distinguished industrial award from Exhibition Society in the year 2003. • The Exhibition Society – AP Distinguished Industria
Slide 30: Thank You / Investor Relations Contact
INVESTOR RELATIONS CONTACT Name : S. Shafilullah (CFO) Email id : Thank You shafi.singanamala@visaka.in Phone : 040-27813833 ADDRESS Visaka Industries Limited. Visaka towers",1-8-303/69/3, S.P. Road, Secunderabad - 500003 29