Bestway Cement Limited · PSX:BWCL
Bestway Cement — Corporate Update (October 2024)
22 slides from Bestway Cement's corporate update, October 2024
Slide 1: Corporate Briefing Session 2023-24
Bestway Cement Limited Corporate Briefing Session 2023-24 Conducted by Facilitated by Mr. Muhammad Danish Khan (CFO) Ms. Nadia Saleem (HOD Budgeting)
Slide 2: Contents
CONTENTS Bestway Key Highlights Corporate Group Social Responsibility Future Q&A Appendices Outlook Session Key Financial Data
Slide 3: Bestway Group
BESTWAY GROUP
Slide 4: Bestway Group – Fast Facts
BESTWAY GROUP – FAST FACTS Bestway Group Bestway Group 2023 Financial Results Bestway Wholesale Well Pharmacy Workforce 2nd No. 2nd 13 th ~£4.74bn Largest private business in UK +41,000 Global work force Turnover Largest Independent Largest Retail Pharmacy chain in the UK th ~£420.9m wholesale opera
Slide 5: Largest Cement Producer in Pakistan
LARGEST CEMENT PRODUCER IN PAKISTAN Bestway offers the widest range of products for domestic and international markets State-of-the-art production including tile adhesives. We’re lines at five locations the only cement producer Hattar Selling cement Farooqia tonnes cement per annum Chakwal productio
Slide 6: Product Portfolio
PRODUCT PORTFOLIO BESTWAY CEMENT BUILDING ON STRENGTH 8 BESTWAY met oe a \ em Ee ee BESTWAY PAKCEM SUR ee LONG LASTING: ORDINARY PORTLAND CEMENT ORDINARY PORTLAND CEMENT eer bans ‘ALL PURPOSE CEMENT ALL PURPOSE CEMENT eh BUZKASH ——— SS x a LOW ALKALI DURA CEM ECOCEM STALLION LowHeatceMeNT STALLION B
Slide 7: Key Highlights
=n KEY HIGHLIGHTS
Slide 8: Significant Highlights
SIGNIFICANT HIGHLIGHTS Bestway increased its market share and achieved a growth of 5.9 % in the sales volumes, resulted in Bestway retaining its outperforming the industry growth position as the market leader in From 90 MW in June 2023 to 2024, despite the challenging of 1.6%, mainly due to two new
Slide 9: BCL Capacity Utilisation
BCL CAPACITY UTILISATION (Based on Installed capacity) 43% 45% 2023-24 2022-23
Slide 10: Industry Growth and BCL Market Share
INDUSTRY GROWTH AND BCL MARKET SHARE (BASED ON DESPATCHES) Industry Local Cement Sales Growth/(Decline) BCL Market Share – Total Cement Sales BCL 5.3% 2023-24 2022-23 -4.6% 27.1% 24.1% 57.5% 14.7% 61.2% -15.8% -15.9% 15.4% 2023-24 2022-23
Slide 11: Financial Performance
FINANCIAL PERFORMANCE 40,000.0 35,000.0 +16,180 30,000.0 25,000.0 -11,269 -346 20,000.0 -4,384 -526 13,769 -141 15,000.0 11,892 +265 10,000.0 +2,098 5,000.0 - •Net revenue Increased by 16.2 billion (18%): •Admin, Selling & Distribution expenses •Volume Impact: Sales volumes increased by 0.4MT (7%) •
Slide 12: Key Financial Highlights
KEY FINANCIAL HIGHLIGHTS Financial Measure 2023-24 2022-23 Debt : Equity Ratio Dividend Payout Operating Profit Cash from Operating activities CAPEX Contribution to Exchequer
Slide 13: Current Power Mix
CURRENT CURRENT POWER POWER MIX MIX Grid WHRPP Solar CFB 25% Solar Grid CFB 45% 2% WHRPP 28%
Slide 14: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY
Slide 15: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY • 1,661 students (including 848 girls) • Free medical facilities are • Spent more than Rs. 500 million on receiving education at 5 schools provided to thousands of various CSR initiatives, making it and 1 college being run by patients in the local one of largest corpo
Slide 16: Future Outlook
FUTURE OUTLOOK
Slide 17: Future Outlook
FUTURE OUTLOOK Pakistan is still in the The new agreement • In the year to date (FY • The recent budget has midst of significant with IMF along with 25), the industry volumes substantially increased economic and political restructuring of loans have declined by 19% the tax burden on the challenges.
Slide 18: Question & Answer Session
(-) QUESTION & ANSWER SESSION
Slide 19: Appendices
=n APPENDICES
Slide 20: Sales Volume
SALES VOLUME Industry BCL Description June-24 June-23 YOY June-24 June-23 YOY Domestic-North 31,544,689 32,784,605 -3.8% 6,840,278 6,493,233 5.3% - - Domestic- South 6,640,472 7,237,202 -8.2% 0% Domestic- Total 38,185,161 40,021,807 -4.6% 6,840,278 6,493,233 (5.3%) Exports-North 1,457,947 1,071,122
Slide 21: Key Financial Data
KEY FINANCIAL DATA HISTORICAL DATA OPERATING RESULTS 2024 2023 2022 2021 2020 2019 2018 (PKR Millions) Net turnover 103,922 87,742 72,370 56,864 37,129 53,602 52,884 Cost of sales 71,695 60,426 49,377 40,261 36,012 37,557 33,928 Gross profit 32,227 27,316 22,993 16,603 1,117 16,045 18,956 Operating
Slide 22: Key Financial Data – Significant Financial Ratios
KEY FINANCIAL DATA HISTORICAL DATA SIGNIFICANT FINANCIAL RATIOS 2024 2023 2022 2021 2020 2019 2018 (Percentage) Gross profit ratio 31.01 31.04 31.94 29.20 3.01 29.93 35.84 Net profit ratio 13.25 13.51 13.89 20.36 0.13 18.84 24.88 Interest coverage ratio 3.00 4.31 14.57 15.51 0.76 9.84 25.94 Return o