Visaka Industries Ltd. · NSE:VISAKAIND
Visaka Industries — Investor Presentation (February 2017)
38 slides from Visaka Industries's investor presentation, Feb 28, 2017
Slide 1: Investor Presentation
Investor Presentation
Slide 2: 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 3: Table of Contents
Table of Contents Section Particulars Page No. 1 Company Overview 4 2 Business Verticals 8 3 Key Financials 23 4 Key Strengths 29 5 Business Strategy 34 6 Way Forward 36 3
Slide 4: Company Overview
Section 1 Company Overview 4
Slide 5: Company Overview
Company Overview Overview Shareholding Structure as on 31st December, 2016 About Visaka: Visaka Industries, established in 1985, is engaged in two attractive businesses. Building products - cement asbestos products and fibre cement flat products (V-Boards and V-Panels) and Synthetic yarns for the
Slide 6: Board of Directors
Board of Directors Shri Bhagirat B. Merchant Non Executive Independent Director Chairman Dr. G. Vivekanand Non – Executive Non–Independent Director Vice Chairman Smt. G. Saroja Vivekanand Managing Director Shri Nagam Krishna Rao Non – Executive Non-Independent Director Shri Gusti J Noria Non – Execu
Slide 7: Awards & Certificates
Awards & Certificates SILVER Winner for the Best Presentation of Annual Report 2011-12 from LACP(League of American Communications Professionals) Bags award for “Best Practices in Investor Relations in Fibre Cement Sheets Industry Category – 2012 by the IR Society” Awareness Centre of Environme
Slide 8: Business Verticals
Section 2 Business Verticals 8
Slide 9: Business Verticals
Business Verticals Cement Asbestos V-Next Products Yarn •Corrugated Cement Fiber Sheets •Close Fitting Adjustable Ridges •Apron Piece •V-Board •Cladding/Walling •V-Premium •Cotton-Touch Airjet Spun •North Light Ridges •V-Designer Polyester yarns •Barge Boards •V-Plank •North Light Curve •V-Panel •Se
Slide 10: Building Products - Cement Asbestos
Building Products - Cement Asbestos Overview Net Revenue(Rs. in mn) The Company possessed 802,000 TPA of installed capacity of cement asbestos products. The company has depots in 36 major cities and towns, country-wide to ensure smooth supply of its 8,000.00 products. 2,298.75 6,000.00 6,842.00 1,25
Slide 11: Building Products - Vnext
Building Products - Vnext Overview Net Revenue(Rs. in mn) V-Next products come with unmatched quality, aesthetics, style and durability and is the ideal choice of smart and good looking interiors and 1,400.00 1,200.00 1,395.42 exteriors. V-Boards and V-Panels have fire, water and termite resistance
Slide 12: V-Boards (Plain Boards, Designer Boards, Premium Boards)
V-Boards (Plain Boards, Designer Boards, Premium Boards) V-Board is non-asbestos, autoclaved, fiber cement board manufactured using Hatschek Process and High Pressure Steam Curing(HPSC) technology. V-Board Advantages: Exova Warrington fire-rating and TUV-PSB certified Asbestos Free Fire Resist
Slide 13: V-Board applications: roof underlay, mezzanine flooring, acoustic partitions
Roof Underlay - (V-Board - premium) Mezzanine flooring - (V-Board) Acoustic partitions - (V-Board) 13
Slide 14: V-Board applications: false ceiling, wall paneling, duct covering
Concealed Grid False Ceiling - (V-Board/V-Designer) Wall Paneling - (V-Board) Duct Covering - (V-Board - Premium) 14
Slide 15: Kitchen Cabinets and Shelves
Kitchen Cabinets and Shelves The triple advantages-water, termite and fire resistance of V-Board can appropriately fulfill the conditions to make it an ideal application for kitchen cabinets and other moisture prone areas.(16mm, 18mm) 15
Slide 16: V-Planks
V-Planks Good looking exteriors traditionally come at the cost of quality and are prone to moisture damage. Fibre cement boards are the answer to this problem. Being resistant to the elements of weather, these strong fibre cement boards are ideal for external embellishments to modern buildings. V-Pl
Slide 17: V-Plank applications: gate cladding, garden fencing, façade
Gate Cladding - (V-Plank) Garden Fencing - (V-Plank) Façade - (V-Plank ) 17
Slide 18: V-Panels
V-Panels V-Panel can be used with the aim of achieving cost effective and time saving solution for construction of dry walls. V-Panel has all the advantages of a masonry wall with added qualities preferred for construction. V-Panel is a user friendly product for installation and proves to be a bette
Slide 19: V-Panel applications: internal partitions, external walls
Internal partition - (V-Panel) Internal partition - (V-Panel) Internal Partitions for a School - (V-Panel ) External Walls for a Resort - (V-Panel ) Roof Top Extension - (V-Panel ) 19
Slide 20: Textile Products - Yarn
Textile Products - Yarn Overview The textile division manufactures yarns using Net Revenue(Rs. in mn) state-of-the-art twin air jet spinning machines (Murata, Japan) with 33 MTS Machines 2,000.00 (equivalent to 58,500 ring spindles) where yarn 1,796.40 1,781.30 1,715.79 quality is superior to conven
Slide 21: Textile Products - Yarn
Textile Products - Yarn In an ever changing landscape of customer demands, managed to diversify into niche sector, with better contributions without stock accumulation. Quality conscious customers – many customers continuing to be with us for more than 5 years. Cream of customers in Automobile
Slide 22: Textile Products - Yarn
Textile Products - Yarn Anti-pilling nature of yarn makes Visaka yarn a perfect ingredient for Home Textiles and Automotive Fabrics. Cotton-Touch and Wicking properties of Visaka yarn are the salient features of the Table Linen Fabrics used in Hospitality Industry and the sheer curtains used in
Slide 23: Key Financials
Section 3 Key Financials 23
Slide 24: Revenue Breakup Business Wise
Revenue Breakup Business Wise FY13 FY14 FY15 FY16 Q1FY17 Q2FY17 Q3FY17 Business Segments Rs in Mn % Rs in Mn % Rs in Mn % Rs in Mn % Rs in Mn % Rs in Mn % Rs in Mn % Cement Asbestos 6,842.00 75% 6,290.00 71% 7,173.30 71% 6,784.28 69% 2,298.75 75% 1,128.02 58% 1,259.79 63% V-Boards and V-Panels 605.5
Slide 25: Key Financial Indicators
Key Financial Indicators EBIDTA(Rs in Mn) Book Value of Share(Rs.) 1092.22 219 1200 220 983.27 979.64 1000 215 800 626.51 209 209 210 600 205 205 400 200 200 0 195 FY13 FY14 FY15 FY16 FY13 FY14 FY15 FY16 Cash Profit(Rs in Mn) Dividends % 60% 942.12 1000 60% 50% 50% 50% 900 763.00 766.76 50% 800 700
Slide 26: Yearly Financial Highlights
Yearly Financial Highlights Profit & Loss (INR in Mn) FY13 FY14 FY15 FY16 Q1FY17 Q2FY17 Q3FY17 Income from Operation 9,156.03 8,921.03 10,211.32 10,048.53 3,092.16 2,004.17 2,024.23 Other Income 25.56 53.59 24.20 27.27 4.82 5.26 4.27 Total Income 9,181.59 8,974.62 10,235.52 10,075.80 3,096.98 2,009.
Slide 27: Production, Turnover & Operating Margin – Segment Wise
Production, Turnover & Operating Margin(EBIDT) – Segment Wise Building Products FY 13 FY 14 FY 15 FY16 Q1FY17 Q2FY17 Q3FY17 Installed Capacity (TPA) 809,750 881,750 931,750 931,750 931,750 931,750 931,750 Production (MT) 796,948 664,436 855,293 797,157 239,192 198,786 176,696 Turnover (Rs. Millions)
Slide 28: ROE % and ROCE %
ROE % and ROCE % Particulars FY 13 FY 14 FY 15 FY 16 Q1FY17 Q2FY17 Q3FY17 Particulars FY 13 FY 14 FY 15 FY 16 Q1FY17 Q2FY17 Q3FY17 ROE 15.55% 3.59% 6.39% 7.04% 4.57% 2.36% 1.43% ROCE 13.78% 6.17% 8.02% 8.60% 4.89% 2.93% 2.04% ROE % ROCE % 15.55% 13.78% 16% 14% 14% 12% 12% 10% 8.02% 8.60% 10% 8% 6.17
Slide 29: Key Strengths
Section 4 Key Strengths 29
Slide 30: Key Strengths
Key Strengths Corporate Product Profile: The Company manufactures products that capitalise on an ongoing improvement in lifestyle standards in India and abroad. Diversified: Visaka is a diversified company engaged in the manufacture of building products and synthetic blended yarn. The former acc
Slide 31: Key Strengths
Key Strengths Building Products Division Position: The Company was the seventh largest cement asbestos product manufacturer in India in 1996; it is the second largest today. Technological excellence: Visaka’s automated fibre cement plant incorporates sophisticated technologies; its consistency i
Slide 32: Key Strengths
Key Strengths Building Products Division Superior quality: The Company’s fibre cement plant is certified by the ISI. The V-Board division possesses HPSC technology conforming to IS 14862-2000 norms. Advantages of ACS over metal sheets: Sound proof, Fire proof, rust proof. Life of this product on
Slide 33: Key Strengths
Key Strengths Textiles Business High margins: The Company manufactures value-added yarn, enjoying some of the highest margins in its segment. Engineering excellence: The Company successfully produced dyed yarn at speeds higher than the equipment manufacturer’s recommendation. Large scale: The
Slide 34: Business Strategy
Section 5 Business Strategy 34
Slide 35: Overview: Business Strategy
Overview : Business Strategy Increasing network of business Increasing turnover of capital constituents Expanding in other states of Execution of projects in time India Focus on direct contracts rather Increasing the order book than sub contracting work Increasing sectoral coverage Moving up the val
Slide 36: Way Forward
Section 6 Way Forward 36
Slide 37: Way Forward
Way Forward Going by the positive statistics on macro data - GDP, IIP, Inflation and Policy rates - by the IMF and the World Bank, there is likely to be an upward surge in housing and infrastructure sector resulting in higher utilization levels for its asbestos cement product business coupled with
Slide 38: Thank You
Thank You 38
Visaka Industries — Investor Presentation (February 2017) on 6ix