Asian Granito India Limited · NSE:ASIANTILES
Asian Granito India — Q2 FY2021 Earnings Presentation
30 slides from Asian Granito India's earnings presentation, Nov 11, 2020
Slide 1: Making Life More Beautiful Worldwide.. Investor Presentation Q2FY21
Making Life More Beautiful Worldwide.. Asian Granito India Ltd. INVESTOR PRESENTATION Q2FY21
Slide 2: Table of Contents
TABLE OF CONTENTS o RESULTS SUMMARY Q2FY2021 & 6MFY2021……………………………………………. 03 o OVERVIEW – TILES, QUARTZ SLABS AND BATHWARE………………….……………. 10 o AGL PLANT LOCATIONS…………………………………………………………………………….. 13 o WORLD CERAMIC MARKET AND LEADERS………………………………………………… 15 o AGL PRODUCT PORTFOLIO …………………….……………………………………
Slide 3: Q2 & 6M-FY2021 Performance Highlights
Q2 & 6M-FY2021 PERFORMANCE HIGHLIGHTS 1) With the easing of restrictions during the last few months, your company witnessed gradual demand pick up from rural and Tier 2,3 cities. As a result, the company has witnessed sharp increase in volume growth. The overall volume growth for the quarter stood a
Slide 4: Consolidated Results Summary Q2-FY2021
AGL - CONSOLIDATED RESULTS SUMMARY Q2-FY2021 Revenues (Rs. in Crores) EBITDA (Rs. in Crores) PAT (Rs. in Crores) 41.8 19.8 360 356.9 355 350 344.3 30.3 345 12.6 340 335 330 325 320 315 310 Q2FY20 Q2FY21 Q2FY20 Q2FY21 Q2FY20 Q2FY21 Segmental Revenues (Rs. in Crores) Tiles Composite Marble Quartz Slab
Slide 5: Consolidated Results Summary 6M-FY2021
AGL – CONSOLIDATED RESULTS SUMMARY 6M-FY2021 Revenues (Rs. in Crores) EBITDA (Rs. in Crores) PAT (Rs. in Crores) 850 .0 65.4 800 .0 750 .0 668.9 700 .0 650 .0 25. 0 23.8 600 .0 550 .0 473.7 45.8 20. 0 500 .0 450 .0 400 .0 350 .0 15. 0 12.3 300 .0 10. 0 250 .0 200 .0 5.0 150 .0 100 .0 50. 0 0.0 0.0 6
Slide 6: Profit & Loss for Q2 & 6M – FY2021
AGL - PROFIT & LOSS FOR Q2 & 6M – FY2021 AGL Consolidated AGL Standalone AGL Consolidated AGL Standalone Particulars Rs. In Crores Rs. In Crores Particulars Rs. In Crores Rs. In Crores Q2–FY2020 Q2–FY2021 Y-o-Y % Q2–FY2020 Q2–FY2021 Y-o-Y % 6M–FY2020 6M–FY2021 Y-o-Y % 6M–FY2020 6M–FY2021 Y-o-Y % Tot
Slide 7: Consolidated Performance
AGL – CONSOLIDATED PERFORMANCE Q2-FY2020 vs Q2-FY2021 VALUE (Rs. In Crores) 120 Q2-FY2020 vs Q2-FY2021 BY GEOGRAPHY In (%) 7.4 400 .0 12.7 3.2 100 350 .0 69.1 21.8 4.3 300 .0 30 31 250 .0 29.8 21.0 80 11 10 163.9 60 125.1 200 .0 150 .0 40 30 28 100 .0 58.0 57.8 31 20 50. 0 64.3 62.8 29 0.0 0 Q2-FY20
Slide 8: Consolidated Segmental Revenues & Breakup of Tiles
AGL - CONSOLIDATED SEGMENTAL REVENUES & BREAKUP OF TILES (In %) Q2-FY2020 vs Q2-FY2021 SEGMENTAL REVENUES 6M-FY2020 vs 6M-FY2021 SEGMENTAL REVENUES 120 120 4 100 2 1 4 1 100 1 2 1 19 6 19 6 6 80 6 80 8 8 60 60 40 83 40 83 70 70 20 20 0 0 Q2-FY2020 Q2-FY2021 6M-FY2020 6M-FY2021 Tiles Composite Marble
Slide 9: Consolidated Exports as Percentage of Sales
AGL - CONSOLIDATED EXPORTS AS PERCENTAGE OF SALES Rs. In Crores EXPORTS AS PERCENTAGE OF SALES Exports Total Sales % of Sales o Exports as a percentage of Sales has been consistently improving over the last 3 years 19.6% in Tiles and Quartz Slabs. 13.8% o For the year FY-2020, AGL consolidated achie
Slide 10: Industry Dynamics - India
AGL – INDUSTRY DYNAMICS - INDIA (Rs. In Crores) Tiles Market Quartz Slabs Market Rs. 35,000 Rs. 1,000 Organised Unorganised Organised Unorganised Rs. 15,000 Rs. 20,000 Rs. 800 Rs. 200 Listed Majors Unlisted Listed Majors Unlisted Baba Quartz & Morbi Morbi & Others Rs. 10,000 Rs. 5,000 Rs. 500 Rs. 30
Slide 11: Market Share of AGL and Others in Tiles & Quartz Slabs Business
MARKET SHARE OF AGL AND OTHERS IN TILES & QUARTZ SLABS BUSINESS Tiles Market Share Percentage Tiles Organised Market Share Percentage Tiles Listed Majors Market Share Percentage ` Nitco Orient Bell 6% 6% AGL Kajaria Organised Unlisted 12% 28% 43% 33% Listed Somany Unorganised Majors 17% Prism 57% 67
Slide 12: Bathware Industry Dynamics - India
AGL - BATHWARE INDUSTRY DYNAMICS - INDIA (SANITARYWARE & C.P. FITTINGS) (Rs. In Crores) AGL Focus Rs. 5,000 + Rs. 9,000 Industry Bathware Market Share Percentage 1. Price Points (Sanitaryware + C.P. Fittings) 2. One stop solution Unorganised 3. Mass Retail Volumes Organised 46% 4. Govt. & Inst. Cont
Slide 13: AGL India – Gujarat Office & Plant Locations
AGL INDIA – GUJARAT OFFICE & PLANT LOCATIONS Himmatnagar Plant – 1 (Wall) Himmatnagar Plant – 2 (Vitirified) Himmatnagar Plant – 3 Ahmedabad Head Office Mehsana Idar Himmatnagar Head Office Himmatnagar Plant - 4 Morbi Plant - 1 Morbi Plant - 2 Morbi Dholka Dholka Plant - 1 Mehsana Plant - 1 Idar Pla
Slide 14: Global Presence - Exports
GLOBAL PRESENCE - EXPORTS GLOBAL FOOTPRINTS ACROSS ~ 100 COUNTRIES Investor Presentation Previous 14 Next
Slide 15: World Ceramic Market
WORLD CERAMIC MARKET Top 10 Manufacturing Countries (~Million Sq. Mtrs.) Top 10 Importing Countries (~Million Sq. Mtrs.) Iran (383 Turkey (335 Thailand (57 MSM), 4% Egypt (300 Israel (61 MSM), 3% MSM), 6% MSM), 3% MSM), 6% USA (209 Indonesia MSM), 20% (383 MSM), South Korea 4% (77 MSM), 8% Italy (41
Slide 16: AGL – Product Portfolio
AGL – PRODUCT PORTFOLIO 1 Glaze Vitrified Tiles 2 Double Charged 3 Polished Vitrified Tiles 4 Ceramic Tiles TILES 1 Multi-Colour Quartz 2 E-Stone 1 Sanitaryware BATHWARE QUARTZ SLAB 2 C.P. Fittings COMPOSITE MARBLE 1 Multi-Colour Marble 2 Nano Crystal Marble 3 Imported Natural Marble 4 Onyx Marble I
Slide 17: Manufacturing Capacities
AGL - MANUFACTURING CAPACITIES Capacity Per Strategic Location Proximity Annum Water Product to Raw Material sources and (Million Sq. Absorption Ports for Exports Mtrs.) Ceramic Wall 4.95 15-18% Healthy Capacity Green Energy Ceramic Floor 4.46 15-18% utilisation at plants – All plants 86% based on G
Slide 18: AGL Today
AGL TODAY Shareholder Value Creation Ranked amongst Exporting in approx. the Top Ceramic 100 Tiles Company in countries India World’s Debt to Equity ratio 9 Largest Kiln has improved from State of the Art 2,400+ 1st 0.77 to 0.59 in Manufacturing Facilities across Team Strength in India the last four
Slide 19: Enhancing Stakeholders Value - Swastik
ENCHANCING STAKEHOLDERS VALUE - SWASTIK 1. Future growth through Investing in Innovate 9. Improving all major financial and Discretionary People. Logistic and Inorganic means Effective Cost Future Introduce liquidity ratio Leadership Reductions Business Integration new 2. Refinancing / Realigning of
Slide 20: Consolidated Financial Overview
AGL - CONSOLIDATED FINANCIAL OVERVIEW Net Revenue (Rs. in Crores) Net Worth (Rs. in Crores) 517.4 1,171.4 1,186.7 1,224.5 435.1 451.1 1,136.8 423.4 993.9 375.6 FY2016 FY2017 FY2018 FY2019 FY2020 FY2016 FY2017 FY2018 FY2019 FY2020 EBITDA & EBITDA Margin (%) PAT & PAT Margin (%) 12 4.6 11.9 160 14 60
Slide 21: Consolidated Financial Overview
AGL - CONSOLIDATED FINANCIAL OVERVIEW 17.5 0.83 0.77 250 20. 0 500 0.9 0.74 0.74 15.0 18. 0 450 0.8 200 14.0 16. 0 0.6 6.9 400 0.7 14. 0 350 0.6 150 8.1 12. 0 300 0.5 10. 0 250 0.4 100 8.0 200 6.0 0.3 150 50 4.0 0.2 100 125.2 140.7 143.6 148.9 172 2.0 50 180 300 323.1 333.8 320.6 0.1 0 0.0 0 0 FY201
Slide 22: AGL - Trend Setter with Many Industry Firsts
AGL-TREND SETTER WITH MANY INDUSTRY ‘FIRST’ INNOVATION IS THE KEY FOR FUTURE GROWTH FIRST TO INTRODUCE 30 MM THICKNESS PIONEER IN BEST INTRODUCE LARGE 450X450 OUTDOOR INTRODUCE SLIMGRES MULTI COLOUR WATER JET FORMAT WALL AND TILE WITH 12MM TILES QUARTZ SLAB TECHNOLOGY VITRIFIED TILES THICKNESS INTRO
Slide 23: Growth Drivers
AGL - GROWTH DRIVERS 1 2 3 4 Improve return ratios - RoCE and Build brand as a Strong Asset which Focus on value generation and Export Vertical to be scaled up with RoE by focusing on volume and consumers recall leading to sustain High-end products USA imposing duties on China price growth growth 5
Slide 24: Marquee Clientele
MARQUEE CLIENTELE Investor Presentation Previous 24 Next
Slide 25: Government Projects
GOVERNMENT PROJECTS Investor Presentation Previous 25 Next
Slide 26: Change in Business Strategy from B2B to B2C
CHANGE IN BUSINESS STRATEGY FROM B2B TO B2C Mapping Towns with Initiative to increase On time delivery to Focusing on Franchise As part of strategy Key accounts which will population of more than Direct Interaction with customers across the Owned Franchise company have started to further boost compa
Slide 27: Certifications & Awards
CERTIFICATIONS & AWARDS Art Of Architecture FAAA ISO 9001 2015 & GRIHA Council AGL Gujarat Brand Readers Digest - Trusted IGBC - 2019 Dialogues Ahmedabad 2017 14001 2015 Dalpur JULY - 2019 Leadership Award - 2018 Consumer Brand - 2019 Expert Choice Award Fortune India Next 500 Gujarat Brand Leadersh
Slide 28: Corporate Structure and Shareholding
AGL - CORPORATE STRUCTURE AND SHAREHOLDING Top Shareholders as on 30th September, 2020 ASIAN GRANITO INDIA LIMITED Sundaram Mutual Fund A/c Sundaram Small Cap Fund 2.47% ASSOCIATE CO. – ASTRON PAPER & BOARD MILL LIMITED (18.87%) Sundaram Alternative Opportunities Fund - Nano Cap Series I 1.29% AGL I
Slide 29: Milestones
AGL - MILESTONES Launched Range ‘RAINBOW GLITZ’ Amalgamation & ECO BLANCO; of Artisique Ceramic Pvt Opened 18,000 2020 Sq. Ft. Showroom Ltd with Asian Granito Ltd in Ahmedabad 2019 Introduced Launched Commenced 6-colour (AGL). 2018 Sanitaryware digital tile Launched production of printing; 2017 Spec
Slide 30: Thank You
ASIAN GRANITO INDIA LTD. S-ANCIAL TECHNOLOGIES PVT. LTD Regd. & Corp. Office202, Dev Arc, Opp. 215, Shivshakti Industrial Estate, J.R Boricha Marg, Iskcon Temple, S.G. Highway, Ahmedabad - Lower Parel (E), 380015,Gujarat, India. Mumbai - 400011 Phone: +91-79-66125500/698, www.exchangeconnect.in Fax:
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