Hemas Holdings Ltd. · CSELK:HHL.N0000
Hemas — H1 2013/14 Earnings Presentation
24 slides from Hemas's earnings presentation, November 2013
Slide 1: Hemas Holdings PLC Investor Presentation 1H 2013/14
HEMAS HOLDINGS PLC Investor Presentation 1H 2013/14
Slide 2: Macro Highlights
Macro Highlights Economic Growth 12 M T-Bill Rate 13.0% 11.7% Economic 6.8% 11.4% Interest 10.7% 10.6% growth 6.4% 6.4% 6.0% 10.0% rates on a increases decreasing 4.8% to 6.8% trend Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Sept 2012 Dec 2012 Mar 2013 June 2013 Sept 2013 Oct 2013 Exchange Rate Inflati
Slide 3: Hemas Group: A Snapshot
Hemas Group: A Snapshot Sector & Market PER vs Hemas PER Share Price (As at 18.11.2013) : Rs. 32.60 30.0 Market Capitalization : Rs. 16.7Bn 25.0 % of Total Market : 0.73% 20.0 PER : 8.53* 15.0 PBV : 1.31 10.0 No of Shares : 515Mn 5.0 - Public Shareholding : 28.72% Jun 2012 Sept 2012 Dec 2012 Mar 201
Slide 4: Hemas Group: 1H Performance Highlights
Hemas Group: 1H Performance Highlights Figures are in Rs. Mn 1H 2013/14 1H 2012/13 % Change Figures are in Rs. Mn 1H 2013/14 31st March 2013 % Change Group Turnover 14,889 12,920 15% Total Assets 31,315 26,008 20% Operating Profit 1,490 1,052 42% Net Current Assets 4,103 4,156 -1% Group Earnings 984
Slide 5: Hemas Group: 1H Revenue
Hemas Group: 1H Revenue Rs.Mn 16,000 35% • Group Turnover for 1H 2013 14,000 30% was Rs. 14.9Bn; a growth of 15% 25% 12,000 • Healthcare, FMCG and 20% 10,000 Transportation sectors were the 15% main contributors to revenue 8,000 10% growth 6,000 5% • New acquisitions, J.L Morison 4,000 0% and Panasi
Slide 6: Hemas Group: 1H Earnings
Hemas Group: 1H Earnings • Group earnings were Rs. 984Mn for 1H 2013; a growth of 36% Rs.Mn 1,200 100% • Growth in earnings was led by the capital gain realized on transferring 80% 1,000 part of our property at Tangalle to a 60% JV with Minor, to build a luxury 800 resort 40% • Startup losses of our
Slide 7: Earnings Per Share & Return on Equity
Earnings Per Share & Return on Equity EPS and EPS Growth Shareholders' Funds and ROE Rs. Rs.Mn 4.50 50% 14,000 18.0% 4.00 40% 16.0% 12,000 3.50 30% 14.0% 3.00 20% 10,000 12.0% 2.50 10% 8,000 10.0% 2.00 0% 8.0% 6,000 1.50 -10% 6.0% 4,000 1.00 -20% 4.0% 0.50 -30% 2,000 2.0% 0.00 -40% 0 0.0% 2008/09 20
Slide 8: Hemas Group: Our Portfolio
Hemas Group: Our Portfolio Wellness Leisure Infrastructure FMCG Hotels Transportation Hospitals Pharma Outbound Power Travel JLM
Slide 9: FMCG: Industry Highlights
FMCG: Industry Highlights Total FMCG market ~ Rs.133Bn Sales Value Growth% (MAT Aug 2013) ( MAT Aug 2013 Vs. MAT Aug 2012) All Island All Island (R) All Island (U) OTC PRODUCTS, FMCG-All 2.6 3.5 1.0 2% PERSONAL Food & Beverages 1.7 3.2 -1.0 CARE, 22% Household Care 1.5 2.2 0.1 Personal Care 5.4 4.7
Slide 10: FMCG outperforms market growth
Hemas FMCG outperforms market growth • FMCG sector recorded an impressive growth in Key Statistics 1H 2012/13 turnover of 27%, driven by Clogard, Diva detergent Turnover (Rs.Mn) : 4,715 powder and Velvet beauty soap Profit After Tax (Rs.Mn) : 406 • The operating profit of the sector improved by 24%
Slide 11: Healthcare: Industry Highlights
Healthcare: Industry Highlights Healthcare Industry Pharmaceutical Industry • Healthcare industry is expected to reach Rs. • Size of the total private pharmaceutical market is 282Bn in 2013 (Source: BMI) ~ Rs 29Bn (MAT Q2 2013) (Source: IMS) • The total number of private hospital beds is • The priva
Slide 12: Thalawathugoda, a promising start
Thalawathugoda, a promising start Key Statistics 1H 2012/13 Turnover (Rs.Mn) : 5,751 • Sector posted a revenue growth of 29%, driven by the sales volume growth of the Pharmaceutical business Profit After Tax (Rs.Mn) : 235 Revenue contribution to the Group : 39% • Pharmaceutical business and Hospital
Slide 13: JLM Performance driven by Healthcare
JLM Performance driven by Healthcare Key Statistics 1H 2012/13 • J.L Morison’s revenue marginally dropped to Rs. 1.3Bn; Turnover (Rs.Mn) : 1,273 a decline of 6% due to the loss of two agencies Profit After Tax (Rs.Mn) : 80 • Healthcare segment accounted for 51% of the Revenue contribution to the Gro
Slide 14: Hemas Group: Our Portfolio
Hemas Group: Our Portfolio Wellness Leisure Infrastructure FMCG Hotels Transportation Hospitals Pharma Outbound Power Travel JLM
Slide 15: Leisure: Industry Highlights
Leisure: Industry Highlights Tourist Arrivals 120,000 30% 100,000 25% • Year to date tourist arrivals for the first 9 months of 80,000 20% 2013 posted a growth of 15%, over last year 60,000 15% 40,000 10% • Cumulative earnings from tourism for first 9 months of 20,000 5% 2013 was recorded at US$ 883
Slide 16: Hotels closure drags sector profits
Hotels closure drags sector profits Key Statistics 1H 2012/13 • Leisure sector posted a drop in both revenue and profits during the period due to the closure of Club Turnover (Rs.Mn) : 452 Hotel Dolphin and Hotel Sigiriya for refurbishment Profit After Tax (Rs.Mn) : -173 • Despite the shortage of th
Slide 17: Hemas Group: Our Portfolio
Hemas Group: Our Portfolio Wellness Leisure Infrastructure FMCG Hotels Transportation Hospitals Pharma Outbound Power Travel JLM
Slide 18: Transportation: Industry Highlights
Transportation: Industry Highlights Metric Tonnes Air Cargo Volumes • The second international airport in Mattala is expected 8,000 14% to be an opportunity in improving the commercial 12% aviation landscape of Sri Lanka 6,000 10% 4,000 8% • The second phase is expected to improve the new 6% airport
Slide 19: Aviation and Logistics drive performance
Aviation and Logistics drive performance • Transportation sector enjoyed a healthy first half with Key Statistics 1H 2012/13 its revenue growing by 47%, driven by the strong Turnover (Rs.Mn) : 685 performance of Aviation and Logistics segments Profit After Tax (Rs.Mn) : 193 • Performance of the Avia
Slide 20: Power: Industry Highlights
Power: Industry Highlights Energy Generation Mix - 2012 6% • Maximum electricity demand in Sri Lanka reached 23% CEB Hydro 2146.4MW for the year 2012 CEB Thermal - Oil CEB Thermal - Coal • 158 power plants with total installed capacity of 3323MW was operated to deliver the annual energy IPP Thermal
Slide 21: Hydro power boosts sector profits
Hydro power boosts sector profits Key Statistics 1H 2012/13 Turnover (Rs.Mn) : 2,645 • Power sector revenue dropped by 16% due to the curtailment of thermal power generation imposed by Profit After Tax (Rs.Mn) : 250 the CEB Revenue contribution to the Group : 18% • Operating profit and the profit af
Slide 22: Corporate Social Responsibility
Corporate Social Responsibility “Piyawara” “Hemas Green Club” • Several teacher training programs were held • “Hemas Green Club” was formed as an during the quarter and the main residential initiative to protect the environment and create program was held in Hambantota awareness about the nature • A
Slide 23: Taking Hemas to the Next Level
Taking Hemas to the „Next Level‟ • Mr. Lalith De Mel, Chairman, Hemas Holdings PLC, retired from Office on 6th November 2013 after a service of 11 years • Mr. Husein Esufally took over as the new Chairman of Hemas Holdings PLC and will continue as the Group Chief Executive Officer till 31st March 20
Slide 24: Investor Relations
Hemas Investor Relations: Telephone: +94 11 4 731 731 Email: ir@hemas.com Web: http://www.hemas.com Hemas Holdings PLC Hemas House, 75, Braybrooke Place, Colombo 2, Sri Lanka