Sahyadri Industries Limited. · NSE:SAHYADRI
Sahyadri Industries — Q4 FY2023 Earnings Presentation
34 slides from Sahyadri Industries's earnings presentation, May 24, 2023
Slide 1: Stock exchange disclosure letter under Regulation 30
Date: 24th May 2023 To, To, The Listing Manager The Manager Department of Corporate Services Listing Department Bombay Stock Exchange National Stock Exchange of India Limited P. J. Towers, Dalal Street, “Exchange Plaza”-C1,Block G Mumbai – 400001 Bandra-Kurla Complex , Bandra (E) Mumbai 400 051 Scri
Slide 2: Investor Presentation May 2023
Investor Presentation Investor Presentation November-2019 May 2023
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sahyadri Industries Limited. (herein after read as “Sahyadri Industries”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to
Slide 4: Q4 & FY23 Update
COFEE BREAK Q4 & FY23 Update
Slide 5: Management Commentary
Management Commentary Commenting on the results and performance for Q4 & FY23, Mr. Satyen Patel, Managing Director of Sahyadri Industries Limited said: “Our Total Income witnessed a growth of 9.3% to Rs 597.2 crore in FY23 against Rs 546.3 crore in FY22. The decline in EBITDA and pressure on EBITDA
Slide 6: FY23 – Performance Highlights
FY23 – Performance Highlights Total Income* (Rs in Cr) EBITDA* (Rs in Cr) PAT (Rs in Cr) 597.2 104.0 61.8 Key Performance Highlights: 546.3 84.4 • The decline in EBITDA and pressure on EBITDA margins for the full year is attributable towards rise in raw material 37.1 cost, fuel cost etc. The raw mat
Slide 7: Capex Update
Capex Update Location Orissa Maharashtra Product Type Asbestos Corrugated Sheet Non-Asbestos Cement Boards Capacity (MTPA) 1,20,000 72,000 CAPEX (Rs in Cr) 95 95 Source of Fund Internal Accruals & Debt Internal Accruals & Debt Products Catering to East Market Western & North India Orissa • Activitie
Slide 8: Profit & Loss Statement
Profit & Loss Statement Particulars (Rs. Cr) Q4FY23 Q4FY22 YoY Q3FY23 QoQ FY23 FY22 YoY Total Income* 167.7 132.9 26.2% 123.9 35.4% 597.2 546.3 9.3% Cost of Goods Sold 99.2 69.1 63.2 318.6 276.7 Gross Profit 68.5 63.7 7.5% 60.7 12.9% 278.6 269.7 3.3% Gross Profit Margin 40.8% 48.0% 49.0% 46.6% 49.4%
Slide 9: Balance Sheet
Balance Sheet Assets (Rs. Cr) Mar-23 Mar-22 Equity & Liabilities (Rs. Cr) Mar-23 Mar-22 Non - Current Assets 235.8 199.4 Total Equity 335.3 304.1 Property Plant & Equipments 163.8 123.0 Share Capital 11.0 11.0 CWIP 36.0 54.1 Reserves & Surplus 324.4 293.1 Intangible assets 0.8 0.1 Right of use asset
Slide 10: Cash Flow Statement
Cash Flow Statement Particulars (Rs. Cr) Mar-23 Mar-22 Net Profit Before Tax 51.6 84.6 Adjustments for: Non -Cash Items / Other Investment or Financial Items 32.4 19.2 Operating profit before working capital changes 84.0 103.8 Changes in working capital -49.3 -71.2 Cash generated from Operations 34.
Slide 11: Company Overview
COFEE BREAK Company Overview
Slide 12: Sahyadri Industries – A Niche Player in the Construction Industry
Sahyadri Industries – A Niche Player in the Construction Industry Making Difference Sahyadri Industries is a building solutions pioneer, providing a Product Portfolio comprehensive range of products for interior and exterior building Sahyadri's product portfolio includes innovative, systems, as well
Slide 13: A Trusted Brand… built over the years
A Trusted Brand… built over the years The Company was originally incorporated Reverse merger between ‘Swastik under ‘New Sahyadri Industries Private Roofing Limited and New Sahyadri Limited’ Industries Limited’ Established first plant at Chinchwad, Sahyadri had set up plants at Mahuvej, The Company
Slide 14: Experienced Board of Directors and Management Team
Experienced Board of Directors and Management Team Satyen Patel – B.Com, PGPBA Tuljaram Maheshwari – B.Com , CA Jayesh Patel – B.Com, MBA Managing Director WTD, CEO & CFO Chairman & Whole Time Director Young and Dynamic face of SIL since 1998. Appointed on board in 2020. More than 39 Leading face of
Slide 15: Snapshot of Capabilities
Snapshot of Capabilities Built Core Strong Established Product Strong Financial Strength Distribution Brands Innovation Performance 6 Years* Diversified Presence Dealers & Distributors No of Products Total Income# 5 Plants across 4 States 3,000+ 45+ 17% CAGR Experience Global Presence R&D Team EBITD
Slide 16: Well Established Branded Product Portfolio with Increasing Share of Value-Added Products
Well Established Branded Product Portfolio with Increasing Share of Value-Added Products Cool Fire Resistant Fits any Edge, Water Termite Strong & Comfortable Asbestos Free Light Weight & Non- Corner Resistant Resistant Durable Living Combustible 15
Slide 17: CSR activities… A Responsible Corporate
CSR activities… A Responsible Corporate Swastik Kukdookoo Cemply Swachalay Digital Classroom Program • Useful for economically weaker section of the • Initiative under Swachh Bharat Abhiyan • Associated with Rotary Club for formulation and society to increase their wealth • Affordable high quality t
Slide 18: Product Portfolio
COFEE BREAK Product Portfolio
Slide 19: Product Portfolio – EcoPro Cement Boards
Product Portfolio – EcoPro Cement Boards EcoPro- The 21st Century Designer Fibre Cement Boards Pebble Stone Wave Bricks Wooden Aquatic Handcrafted Bricks With the extensive research and hard work, Sahyadri has EcoPro offers benefits of introduced sustainable building multipurpose and material EcoPro
Slide 20: Product Portfolio – Cemply Flat Sheet
Product Portfolio – Cemply Flat Sheet Cemply flat sheets are suitable for application areas like furniture, side panelling, false ceilings Cemply 18 is a very popular for mezzanine flooring Cemply flat sheets are available in multiple sizes and with various forms of thickness Cemply flat sheet offer
Slide 21: Product Portfolio – Swastik Roof Sheets
Product Portfolio – Swastik Roof Sheets 01 The roofs are durable, non-corrosive, fire resistant and are more reliable in cyclone prone areas The cement sheets do not get blown away due to its dead weight 02 because of which the roof remains intact 03 Pioneer in introducing Swastik Twinroof system in
Slide 22: Product Portfolio – EcoPro S3
Product Portfolio – EcoPro S3 EcoPro S3 House An answer to the country’s future 01 construction needs 02 Ecopro S3 is a speedy, innovative and a sustainable building solution to enable cost-effective quality construction 03 Being a dry construction, no plastering or curing is required, hence amounti
Slide 23: Product Portfolio – Swastik Sil Gold (New Launched)
Product Portfolio – Swastik Sil Gold (New Launched) First in the industry to offer Coloured Designer Corrugated Roofing Sheets Manufactured using finest quality cement and fibre through the latest fibre mesh technology Stronger than regular cement corrugated roofing sheet Special stain options provi
Slide 24: Strategically Located Plants in Western & Southern India
Strategically Located Plants in Western & Southern India Plant Location Product Portfolio Chinchwad, Non-Asbestos Flat Sheet Maharashtra Asbestos Corrugated Sheet Kedgaon, Non-Asbestos Flat Sheet Maharashtra Asbestos Flat Sheet Mahuvej, Vijaywada, Gujarat Andhra Pradesh Chinchwad & Kedgaon, Asbestos
Slide 25: Future Roadmap – Expand, Explore & Excel
Future Roadmap – Expand, Explore & Excel Exploring Improve Operational New Market Efficiencies Increase Market To Become Pan Capital Penetration India Player Expenditure Value Added Accelerate Revenue Products Growth 24
Slide 26: Financial Performance
COFEE BREAK Financial Performance
Slide 27: Performance Highlights
Performance Highlights Total Income* (Rs in Cr) EBITDA* (Rs in Cr) PAT (Rs in Cr) +5% +9% +17% 597.2 546.3 99.3 104.0 477.6 63.0 61.8 84.4 65.0 69.3 271.3 297.6 285.8 48.1 31.9 37.1 24.4 26.6 FY18 FY19 FY20 FY21 FY22 FY23 FY18 FY19 FY20 FY21 FY22 FY23 FY18 FY19 FY20 FY21 FY22 FY23 EBITDA* (%) PAT (%
Slide 28: Balance Sheet Highlights
Balance Sheet Highlights Net Worth (Rs in Cr) Cash Flow From Operation (Rs in Cr) Gross Block (Rs in Cr) +21% 335.3 66.4 70.0 296.7 304.1 248.3 231.7 201.9 203.8 205.7 217.3 185.0 37.7 34.8 162.7 33.3 32.6 130.8 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-
Slide 29: Historical Profit & Loss Statement
Historical Profit & Loss Statement Particulars (Rs. Cr) FY23 FY22 FY21 FY20 FY19 Total Income* 597.2 546.3 477.6 285.8 297.6 Cost of Goods Sold 318.6 276.7 240.0 147.6 140.4 Gross Profit 278.6 269.7 237.6 138.2 157.2 Gross Profit Margin 46.6% 49.4% 49.8% 48.4% 52.8% Employee Cost 37.7 33.4 30.9 22.6
Slide 30: Historical Balance Sheet
Historical Balance Sheet Assets (Rs. Cr) Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Equity & Liabilities (Rs. Cr) Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Non - Current Assets 235.8 199.4 150.2 145.8 155.7 Total Equity 335.3 304.1 248.3 185.0 162.7 Property Plant & Equipments 163.8 123.0 122.8 126.8 142.7 Share C
Slide 31: Historical Cash Flow Statement
Historical Cash Flow Statement Particulars (Rs. Cr) Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Net Profit Before Tax 51.6 84.6 80.4 28.3 44.9 Adjustments for: Non -Cash Items / Other Investment or Financial Items 32.4 19.2 16.3 18.9 26.1 Operating profit before working capital changes 84.0 103.8 96.7 47.1 7
Slide 32: Dividend History
Dividend History Particulars (in Rs.) FY23 FY22 FY21 FY20 Earnings Per Share 33.9 56.5 57.6 27.8 Interim Dividend Per Share 2.5 3 1.5 2.5 Final Dividend Per Share 1.5 3 3.5 - Total Dividend Per Share 4 6 5 2.5 EPS (in Rs.) DPS (in Rs.) 57.6 56.5 6.0 5.0 33.9 4.0 27.8 2.5 FY20 FY21 FY22 FY23 FY20 FY2
Slide 33: Way Ahead…
Way Ahead… Focus on margin-rich Growth through new Capacity Expansion Sound Financials Value-Added Products clients & geographies • Sahyadri aims to increase the • The Company will explore the • The Company continuously • A strong financial discipline share of Value-Added products opportunity to add
Slide 34: Contact us
Contact us Company : Investor Relations Advisors : CIN No: L26956PN1994PLC078941 CIN - U74140MH2010PTC204285 Mr. Rajib Gope Mr. Aakash Mehta/ Mr. Mandar Chavan Email: cs@silworld.in aakash.s.m@sgapl.net / mandar.chavan@sgapl.net +91 98706 79263/ +91 96993 82195 www.silworld.in www.sgapl.net 33
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