Somany Ceramics Limited · NSE:SOMANYCERA
Somany Ceramics — Q1 FY2016 Earnings Presentation
16 slides from Somany Ceramics's earnings presentation, July 2015
Slide 1: Somany Ceramics Limited Q1'FY16 Investor Update
SOMANY CERAMICS LIMITED Q1’FY16 - Investor Update July 2015
Slide 2: Message
Message The state of real estate and in turn building and construction material industry remained sluggish. Despite challenging time, Somany has yet again delivered decent set of numbers maintaining its tradition of growth above the industry average. While the yoy growth of net sales during the quar
Slide 3: Key Government Initiatives
Key Government Initiatives GDP uptick • Improved Economy to lead to increased demand for residential units and commercial office spaces Smart Cities • Offers opportunities through varied measures such as Increased Infrastructure in terms of roads, houses, green spaces, education institutions, improv
Slide 4: Business Overview
Business Overview Operational • Q1’FY16 tiles sales volume at 10.71 msm vs 9.39 msm, a growth of 14.1% YoY Performance • Sales mix in Q1’FY16 – Own manufacturing (36%), JV (41%) and Others (23%) • Net Sales increased by 18.6% YoY to Rs. 391.46 cr in Q1’FY16 Financial Performance • Q1’FY16 PBT grew b
Slide 5: Business Overview
Business Overview Geographical Sales for Q1FY’16 came in at – North (40%), South (28%), West (11%), East (15%) and Exports (6%) Sanitary ware and bath fittings sales grew by 35.5% YOY at Rs. 20.89 cr for Q1’FY16 Exports grew by 77.5% YOY at Rs. 23.75 cr for Q1’FY16 5
Slide 6: Sales Performance (Gross)
Sales Performance (Gross) Q1’FY15 v/s Q1’FY16 FY14 v/s FY15 +21% 1598 +18% 1325 408 623 346 147 Own 644 Manufacturing Own 143 Manufacturing 611 167 JV 300 JV 115 Others Others 381 364 88 94 Q1’FY15 Q1’FY16 FY14 FY15 Figures in Rs. crores 6
Slide 7: Volume Performance
Volume Performance Q1’FY15 v/s Q1’FY16 FY14 v/s FY15 +12% 42.35 37.88 +14% 10.71 9.39 18.64 Own 19.35 4.53 Manufacturing Own 4.21 Manufacturing 14.51 JV 6.59 3.94 JV 2.71 Others 11.94 2.47 9.20 Others 2.24 Q1’FY15 Q1’FY16 FY14 FY15 Figures in million square meter 7
Slide 8: Access to Capacities
Access to Capacities Own Plants (Tiles) Location Original Current Capacity Capacity Capacity Utilization in (MSM p.a.) (MSM p.a.) Q1’FY16 Owned capacity of 21.55 MSM p.a. Kassar Haryana 0.52 13.13 95% Kadi Gujarat 0.58 8.42 88% Associates/ Subsidiary Plants Equity Original Current Capacity (Tiles) S
Slide 9: Q1'FY16 Profit & Loss
Q1’FY16 Profit & Loss Particulars Q1’FY16 Q1’FY15 Growth Net Sales 391.46 330.17 18.6% EBIDTA 25.28 21.05 20.1% Depreciation 4.83 5.13 -5.8% Finance cost 4.37 3.71 17.8% Profit before tax 16.08 12.21 31.7% Tax expenses 5.59 4.14 35.0% Profit after tax 10.49 8.07 30.0% Basic EPS (Rs.) 2.70 2.08 29.8%
Slide 10: 5 Year Profit & Loss - Standalone
5 Year Profit & Loss - Standalone Particulars FY’11 FY’12 FY’13 FY’14 FY’15 Net Sales 708 870 1,046 1,256 1,531 EBIDTA 68 75 87 84 104 Depreciation 17 18 20 22 22 Finance cost 17 21 20 18 16 Profit before tax 34 36 47 44 66 Tax expenses 10 11 15 16 21 Profit after tax 23 25 32 28 44 Cash Profit 43 4
Slide 11: 5 Year Balance Sheet - Standalone
5 Year Balance Sheet - Standalone Particulars Mar’11 Mar’12 Mar’13 Mar’14 Mar’15 Equity Share Capital 7 7 7 8 8 Reserves & Surplus 96 117 144 213 246 Net Worth 102 124 151 221 254 Total Debt 191 181 176 170 188 Net Block 176 194 209 219 237 Investments 2 6 9 22 24 Net Current Assets 137 128 133 165
Slide 12: 5 Year Profit & Loss - Consolidated
5 Year Profit & Loss - Consolidated Particulars FY’11 FY’12 FY’13 FY’14 FY’15 Net Sales 716 876 1,050 1,261 1,535 EBIDTA 70 75 88 84 115 Depreciation 18 18 20 21 26 Finance cost 18 21 20 19 21 Profit before tax 34 36 48 44 68 Tax expenses 10 11 16 15 22 Profit after tax 24 25 32 29 46 Cash Profit 44
Slide 13: 5 Year Balance Sheet - Consolidated
5 Year Balance Sheet - Consolidated Particulars Mar’11 Mar’12 Mar’13 Mar’14 Mar’15 Equity Share Capital 7 7 7 8 8 Reserves & Surplus 97 121 146 215 250 Net Worth 104 126 153 223 258 Total Debt 194 181 177 189 210 Net Block 177 194 209 243 265 Investments 1 5 9 18 20 Net Current Assets 146 130 136 17
Slide 14: Shareholding as on 30th June 2015
Shareholding as on 30th June 2015 31.96% 56.22% 2.97% 3.04% 5.81% Promoters FII DII Body Corporates Others Total number of 38,844,826 Equity Shares of Rs. 2/- each 14
Slide 15: Disclaimer
Disclaimer The information contained herein has been prepared to assist prospective investors in making their own evaluation of the Company and does not purport to be all-inclusive or to contain all of the information a prospective or existing investor may desire. This Information may include certai
Slide 16: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : Somany Ceramics Ltd. Strategic Growth Advisors Pvt. Ltd. CIN - L40200DL1968PLC005169 CIN - U74140MH2010PTC204285 Mr. R. K. Lakhotia, VP – Finance Mr. Shogun Jain/Ms. Sanjita Ghosh fin@somanytiles.co.in jshogun@sgapl.net