Slide 1: Pidilite Industries Ltd. Q3 FY17 Earnings Presentation
Pidilite Industries Ltd. Q3 FY17 Earnings Presentation
Slide 2: Disclaimer
Disclaimer This presentation may contain statements which reflect the management’s current views and estimates and could be construed as forward looking statements. The future involves certain risks and uncertainties that could cause actual results to differ materially from the current views being e
Slide 3: Q3 FY17 Financial Highlights
Q3 FY17 Financial Highlights
Slide 4: Q3 FY17 Earnings Summary
Q3 FY17 Earnings Summary Gross Revenue* EBITDA PBT PAT Standalone Rs 1,242 Cr Rs 279 Cr Rs 280 Cr Rs 204 Cr YoY Growth - 1.6% - 2.6% + 0.8% + 3.1% Consolidated Rs 1,437 Cr Rs 291 Cr Rs 281 Cr Rs 203 Cr YoY Growth + 0.8% - 0.8% + 0.0% + 1.7% * Gross Revenue includes other operating income # Figures r
Slide 5: YTD FY17 Earnings Summary
YTD FY17 Earnings Summary Gross Revenue* EBITDA PBT PAT Standalone Rs 4,060 Cr Rs 973 Cr Rs 981 Cr Rs 703 Cr YoY Growth + 4.1% + 8.9% + 12.4% + 13.8% Consolidated Rs 4,658 Cr Rs 1,008 Cr Rs 991 Cr Rs 706 Cr YoY Growth + 6.2% + 7.6% + 9.7% + 10.6% * Gross Revenue includes other operating income # Fig
Slide 6: Comments on Financial Performance
Comments on Financial Performance Standalone • Gross Revenue declined by 1.6% in Q3 and grew by 4.1% YTD. • EBITDA declined by 2.6% in Q3 and grew by 8.9% YTD as compared to last year. Consolidated • Gross Revenue grew by 0.8% in Q3 and 6.2% YTD. • Material cost, as a % to sale, is lower by 193 Bps
Slide 7: Ind AS – Reconciliation of Standalone Results
Ind AS – Reconciliation of Standalone Results A reconciliation of the Standalone results to those reported under previous GAAP are summarised as under: Rs Crores Rs Crores For the Quarter For Nine months Particulars ended ended 31.12.2015 31.12.2015 Profit after tax as reported under previous GAAP 1
Slide 8: Ind AS – Reconciliation of Consolidated Results
Ind AS – Reconciliation of Consolidated Results A reconciliation of the Consolidated results to those reported under previous GAAP are summarised as under: Rs Crores Rs Crores For the Quarter For Nine months Particulars ended ended 31.12.2015 31.12.2015 Profit after tax as reported under previous GA
Slide 9: Q3 FY17 Overseas Performance
Q3 FY17 Overseas Performance (in INR Crores) Sales EBITDA # Figures are reported as per constant currency 9
Slide 10: YTD FY17 Overseas Performance
YTD FY17 Overseas Performance (in INR Crores) Sales EBITDA # Figures are reported as per constant currency 10
Slide 11: Company Overview
Oo Pidilite Company Overview FEVICOL Fevikwil® Fevicryl’ nangeela’ Roth THE ULTIMATE ADHESIVE steelorip|” MOY SHINE + PROTECTION FOR CARS & BIKES
Slide 12: Company Overview
Company Overview Brand established in 1959. 8 Regional offices with 22 plants and Pioneer in Consumer and 25 co-makers in India Specialty Chemicals Adhesives & sealants, International manufacturing facilities construction chemicals, art & in Thailand, Dubai, Brazil, US, Egypt craft products and poly
Slide 13: Industry Segment Composition as on March 2016
Industry Segment Composition as on March 2016 Organic Pigments and Preparations {6%} Industrial Adhesives, Resins & Others {11%} Adhesives & Art & Craft Materials Sealants {53%} and Others {11%} Construction/ Paint Chemicals {19%} Numbers represent Percentage of Total Net Revenue 13
Slide 14: 5-Year Performance by Business Segments
5-Year Performance by Business Segments Numbers represent Percentage of Total Net Revenue Consumer and Bazaar Products Industrial Products 84% 25% 83% 83% 21% 82% 19% 19% 82% 20% 18% 81% 81% 17% 81% 15% 80% 79% 79% 10% 78% 77% 5% 76% 75% 0% 2011-12 2012-13 2013-14 2014-15 2015-16 2011-12 2012-13 201
Slide 15: Domestic Presence – India operations
Domestic Presence – India operations • 5200+ SKUs of 500 products • 7000 distributors • Gross Turnover of Rs. 5,039 Cr for • 30 warehouses FY16 • 8 regional offices • 22 plants, 25 Co-makers Pidilite Industries Limited 15
Slide 16: Global Presence
Global Presence • Exports to more than 60 countries. Major exports to Middle East, Africa, USA & Europe. • Export Turnover of Rs. 452 Cr in FY16. • 17 Overseas subsidiaries – 5 Direct and 12 Step down and 1 Joint Venture. • Total revenue from Overseas subsidiaries of Rs. 582 Cr in FY16. • Internatio
Slide 17: Marketing/ Advertising
Marketing/ Advertising • Consistent and effective brand building activities across various categories (a) Consumer Adhesives & Sealants (b) Craftsmen Adhesives (c) Waterproofing Chemicals (d) Hobby & Craft Colours • Several of the brands are well-known in respective categories (Fevicol, Fevikwik, M-
Slide 18: Shareholding Pattern as of December 31, 2016
Shareholding Pattern as of December 31, 2016 Pidilite Industries Limited 18
Slide 19: Share Price Movement
Share Price Movement Rebased to 100 Pidilite Industries Limited 19
Slide 20: Backed by consistent dividend payouts
Backed by consistent dividend payouts 50% 40% 34.28% 34.08% 34.45% 35.08% 31.28% 32.31% 30.20% 30% 20% 10% 0% FY10 FY11 FY12 FY13 FY14 FY15 FY16 Pidilite Industries Limited 20
Slide 21: Investor Contacts
Investor Contacts Investor Relations - investor.relations@pidilite.co.in Savithri Parekh, Company Secretary Ramkrishna Mandir Road, Off Mathuradas Vasanji Road, Andheri (E), Mumbai - 400 059. Phone : +91 22 67697000 CIN : L24100MH1969PLC014336 Fax : +91 22 28216007