Aro Granite Industries Limited · NSE:AROGRANITE
Aro Granite Industries — Q2 FY2018 Earnings Presentation
20 slides from Aro Granite Industries's earnings presentation, October 2017
Slide 1: Investor Update – For the Quarter Ending 30 Sept 2017
Investor Update – For the Quarter Ending 30st Sept 2017 Oct 2017
Slide 2: Disclaimer
Disclaimer Certain statements in this communication may be considered as „forward looking statements‟ within the meaning of applicable law and regulations. These forward-looking statements involves a number of risks, uncertainties and other factors that could cause actual results to differ materiall
Slide 3: Company Snapshot
Company Snapshot Started commercial Largest processed Granite 100% export oriented, Listed on NSE Since operation in 1991 exporter out of India located at Hosur, 2007 & BSE Since Awarded Top Export Award by Tamil Nadu 1997 in India CAPEXIL for 2013-14* *2013-14 was the latest awards announced as of
Slide 4: Indian Granite Industry
Indian Granite Industry 20% 66% 97% $2.62Bn 9% Statewise Granite Reserves Accounts for Has more than 97% of the Market size Accounts for Madhya Others 20% of the 66% of around total granite approximately more than 9% Karnataka Pradesh % 13% 4 20% world‟s granite 300 shades resources are $2.62 bn. of
Slide 5: Indian Granite Industry
Indian Granite Industry Finished Stones Internal Use of Stone In India (mn. Tons) India exported 6.8mn. tons of Raw stones in 2014 against Raw 2.3mn. tons of Finished stones Stones USA is largest market for Finished Indian granite, 25% of the total granite were exported to USA Large players finished
Slide 6: Our Infrastructure
Our Infrastructure Slab Plant Tile Plant Jumbomatic Gang saws 12 53 Blade cutting Centre 4 72 Wire Multi Wire Saw 1 Topping Centre 1 20 Head Polishing Line 3 Calibration Line 1 12 head Grinding line 1 Epoxy line 1 Flaming machine 1 20 Head Polishing line 1 Epoxy lines 3 Cross cutting machine 4 Cleft
Slide 7: Brief Over View – Gangsaws
Brief Over View – Gangsaws • Used Steel Blades, BAT (Lime replacement) and Steel Grit • Trolley/Block Size – 340 x 210 x 450cm • 2-4 Blocks Per Trolley to Maximise space • Average Cutting – 3 days per trolley • Can process multiple blocks at the same time. • 3 day Production of 1 Gangsaw = 2.5 Block
Slide 8: Multi Wire – 72 wires @ 6.3mm
Multi Wire – 72 wires @ 6.3mm ⌀ 8
Slide 9: Multi Wire – 72 wires @ 6.3mm
Multi Wire – 72 wires @ 6.3mm ⌀ 9
Slide 10: Multi Wire Basics
Multi Wire Basics • Uses 6.3 mm ⌀ Diamond Wires • Trolley / Block Size – 350x220x198cm • Single Block Production (preferred) • Average Cutting time - 2 trolleys per day • 3 day Production - 6 Blocks • Better Suited for cutting Hard, Dense and Brittle materials like quartzite (High End) • Reduces Cra
Slide 11: Capacity of 2 GS = 1 MW
Capacity of 2 GS = 1 MW Multi Wire Gangsaw Blocks Sawn in 3 days 6 Blocks 3 Blocks 7 CBM 18 CBM Average Trolley size 6 Trollies In 3 days Single Trolley Recovery Rate 30 M2 / CBM 30 M2 / CBM 3 day Production 1260 M2 540 M2 Annualised 153300 M2 65700 M2 11
Slide 12: Production Process
Production Process Blocks from Sawing of Grinding & Polishing Quarry Blocks Epoxy 12
Slide 13: Financial Performance
Financial Performance Particulars In Rs. Cr Q1 FY17 Q2 FY17 Q3 FY17 Q4 FY17 Q1 FY18 Q2 FY18 Sales 67.13 63.76 51.43 56.33 55.25 50.56 Operating Exp 60.94 55.54 44.8 46.70 51.80 47.37 EBITDA 9.91 8.22 6.63 5.92 3.45 3.19 PAT 5.00 3.33 2.78 1.52 0.31 0.37 EBITDA Margins (in %) 14.35 12.89 12.90 10.51
Slide 14: Financial Highlights
Financial Highlights Sales decreased BY 8.49 % from Rs. 55.25 Cr in Q1 FY 2017-18 to Rs.50.56 Cr in Q2 FY 2017-18 EBITDA decreased BY 7.53 % from Rs. 3.45 Cr in Q1 FY 2017-18 to Rs. 3.19 Cr in Q2 FY 2017-18 PAT Increased by 6.44 % from Rs. 30.83 Lakh in Q1 FY 2017-18 to Rs. 37.27 Lakh in Q2 FY
Slide 15: Financial Overview (Quarterly)
Financial Overview (Quarterly) Revenues Figures in INR Cr. EBITDA Figures in INR Cr. Profit After Tax Figures in INR Cr. Debt to Equity Ratio 15
Slide 16: Financial Overview (Quarterly)
Financial Overview (Quarterly) Sales Volume (Square Meters) Figures in Lakh Sqm. Raw Material Consumption (Cubic Meters) Figures in „000 Segment Sales - Slabs Figures in INR Cr. Segment Sales - Tiles Figures in INR Cr. 16
Slide 17: Financial Overview (Annual)
Financial Overview (Annual) Revenues Figures in INR Cr. EBITDA Figures in INR Profit After Tax Figures in INR Cr. Debt to Equity Ratio 17
Slide 18: Sales Breakup FY2017
Sales Breakup FY2017 Top 5 Countries Segments USA Others 19% 19% Tiles 41% 15% 15% 15% Poland Slabs 85% 8% 7% Germany Japan 6% 5% Australia Libya 6% 18
Slide 19: Outlook
Outlook The demand environment for processed granite is challenging now due to shift in preference to engineered stone The GST rollout has impacted our cash flows and has blocked a large sum that has been paid out as IGST. The industry association has represented to the government to ease the pa
Slide 20: For any further information, please contact
For any further information, please contact Sabyasachi Panigrahi Gaurav Sud Aro granite industries ltd. Kanav Capital Advisors Pvt. Ltd. sabyasachi@arotile.com gaurav@kanavcapital.com +91 11 41686169 +91 98101 22432 Registered Office: #1001, I0th Floor, DLF Tower A, Jasola , New Delhi - 110 025. (IN
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