Visaka Industries Ltd. · NSE:VISAKAIND
Visaka Industries — Q2 FY2023 Earnings Presentation
71 slides from Visaka Industries's earnings presentation, Nov 5, 2022
Slide 1: Submission of presentation to stock exchanges
Ref: VILSTEX/Presentation/FY2023/65 Date: 05.11.2022 To, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, 5th Floor, The Senior General Manager, Plot No. C/1G Block, Bandra Kurla Complex, Listing Compliances, Floor 25, P. J. Towers, Dalal Bandra (East), Mumbai – 400 051 Street,
Slide 2: Q2 FY2023 VIL Corporate Presentation
Q2 FY2023 VIL Corporate Presentation
Slide 3: Safe Harbour
This Information Package is distributed by Visaka regards any changes or modifications (including Industries Ltd. on a strictly confidential basis for discontinuance) in forward looking statements in this information only. This Information Package should not be Information Package. Certain visual re
Slide 4: Table of Contents
Contents Table of 01 02 CORPORATE 03 KEY HIGHLIGHTS SUSTAINABILITY OVERVIEW 04 05 PERFORMANCE FINANCIAL HIGHLIGHTS - HIGHLIGHTS STANDALONE
Slide 5: Key Highlights
01 Key Highlights
Slide 6: Key Highlights for Q2FY23
Key Highlights for Q2FY23 OPERATING REVENUES for Q2FY23 Rs. 3624 Mn, up 24% YoY OPERATING REVENUES for H1FY22 Rs. 8417 Mn, up 31% YoY EBITDA margin for Q2FY23 stood at 7% EBITDA margin for H1FY23 stood at 11%, DEBT TO EQUITY Ratio at 0.4x for H1FY23 INTEREST Coverage ratio as of Q2FY23 at 6.8x
Slide 7: Corporate Overview
02 Corporate Overview
Slide 8: At a glance
At a glance Growing strong since past 40 years 4 distinct business segments 16 Manufacturing Plants 1400 + crore turnover Company listed on both Stock Exchanges
Slide 9: Shareholding
Shareholding % Holding Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Promoters 45.85% 45.85% 45.85% 48.36% 48.36% 48.36% Non-Institutions 48.97% 48.52% 48.47% 46.04% 46.14% 46.14% Institutions 5.18% 5.63% 5.68% 5.60% 5.50% 5.50% Total 100% 100% 100% 100% 100% 100%
Slide 10: Accolades and Awards
Accolades and Awards Construction World Top Challenger Award 2021 Achieved 24th position in BW Businessworld India’s Most Sustainable Companies, 2021-22
Slide 11: Accolades and Awards
Accolades and Awards Most Promising Women Leaders- Femina Visaka Industries Ltd. as a group had been recognised and awarded as one of ‘The Most Trusted Brands of India 2021’ by CNBC TV18.
Slide 12: Accolades and Awards
Accolades and Awards • Silver Winner-Spot light awards by LACP -Under Category Annual Report for 2011-12 • Awareness Centre of Environment- World Environment day – 2006 • AP Distinguished industrial award from Exhibition Society in the year 2003. • The Exhibition Society – AP Distinguished Industria
Slide 13: Key Management
Key Management SHRI. DR G. VIVEKANAND Chairman SMT. G. SAROJA An MBBS graduate from Osmania University and a VIVEKANAND former Member of Parliament is a first-generation entrepreneur Managing Director playing a pivotal role in the She has been on the company growth. It is under his board of the comp
Slide 14: Shri. G. Vamsi Krishna
SHRI. G. VAMSI KRISHNA Joint Managing Director He is a science graduate from Purdue University, USA. He joined Visaka in June 2010 as a management trainee and was later promoted as Chief Business strategist then as whole-time director and he is currently joint managing director. He spearheaded the g
Slide 15: Diversified Product Portfolio
Fibre Cement Roofs Est: 1981 Diversified Product Portfolio: 4 Product Lines Fibre Cement Boards Wonder Yarn Est: 2008 Est: 1991 Integrated Solar Roof Est: 2018
Slide 16: ATUM patented in India, South Africa and USA
PATENTED IN INDIA, SOUTH AFRICA AND USA A brainchild of Mr Vamsi Gaddam, ATUM is the much- needed solution in renewable energy space that is both, a roof and solar panel, designed to meet consistent energy demands in a sustainable manner. ATUM is an integrated solar roof and an alternative to the co
Slide 17: Traditional Solar Roof vs Integrated ATUM Solar Roof
Integrated ATUM Solar Roof Traditional Solar Roof Metal Roof Toughened Glass Traditional Solar Panel Solar Cells FC BOARD Clamping Mechanism
Slide 18: Distinctive Advantages
Distinctive ATUM is Solar Cells embedded into Fibre Cement Boards making it a composite Solar Roof with unmatched Advantages mechanical properties Withstands Can withstand Hail and Snow Hurricanes Leakproof Tagged Hurricane Proof Roofing by Lean maestro. Certified by Can withstand UL. 250kmph. Class
Slide 19: Leakproof and load resistance features
• 100% Leakproof for lifetime. • Leakproof industrial Grade Sealant and Aluminum profiles. • Panel Jointing has been designed to withstand 250kmph speed unlike the conventional fragile clamps. • Can withstand 300 kg/sqm live load • Wind load resistance of above 250kmph are possible.
Slide 20: ATUM Solar Factory
ATUM Solar Factory Manufacturing Unit of ATUM • Current Manufacturing Capacity: 30 MV • ATUM Panels are made using power produced by ATUM Roof • This is a Net Zero Building • Oldest plant with generation data of 2 years
Slide 21: Innovator Sonam Wangchuk and Indian Army
Innovator Sonam Wangchuk and Indian Army • 5kW Roof and Mud Walls • Being tested for superior thermal insulation in Ladakh • Energy Savings from thermal Insulation
Slide 22: 40kW Rainbow Hospitals
40kW- Rainbow Hospitals One of the many hospitals who created extra roof using ATUM thereby making usable real estate out of an empty terrace while producing power at the same time.
Slide 23: Netmagic Data Centre and Railway Station
Netmagic Data Centre • Located in Mumbai • Data centers are power guzzlers Railway Station • Located in Bengaluru • Governments leading the way
Slide 24: 35kW Yoga Training Center
35kW- Yoga Training Center • Mumbai, Virar • D Atlantis Resort • Gives 3500 Sft floor area. • Equivalent to planting 700 trees
Slide 25: Affordable Housing
Affordable Housing • Under Proto Deployment in City of San Jose • All materials used are made of IGBC certified Cement Fiber Board of Visaka • Roof is made of ATUM Solar Entire Home Paid Back in 6 years
Slide 26: Eco-friendly house at UN-Habitat assembly in Nairobi
We have collaborated with Needlab to create a self-sustainable and an eco-friendly house at the UN-HABITAT assembly in Nairobi.
Slide 27: Unique Product. Immense Possibilities.
Unique Product. Immense Possibilities.
Slide 28: Salient Features
Products with Lowest Carbon Emissions in the Industry Only 36kgs of CO2 emissions per One MT of Vnext boards production. Salient Which is about 30 times lesser than Conventional Building Features Materials Environment Asbestos Fire Water Excellent Sound Highly flexible Low thermal Termite Insulation
Slide 29: Shelves, Wardrobes, Kitchen Cabinets
Shelves Kitchen Cabinets Wardrobes
Slide 30: Sound Insulated Walls and Cabins/Partitions
Sound Insulated Walls in Theatres Cabins/Partitions in Industries
Slide 31: Slide 31
Slide 32: Slide 32
Slide 33: G+2 Hostel Kolkata, G+1 LGSF house
G+2 Hostel Kolkatta, ISB&M G+1 floor LGSF house
Slide 34: HMDA Hyderabad Park
HMDA HYDERABAD PARK
Slide 35: Mezzanine flooring with V Next Boards
Mezzanine flooring done with V Next Boards Back lining done with V Next Boards
Slide 36: Virat Kohli's Restaurant with Vnext
Virat Kohli’s Restaurant with Vnext
Slide 37: Elevation Cladding, Adithya Belmont Greene villas
ELEVATION CLADDING Adithya Belmont Greene villas
Slide 38: Roof Underlay Cladding
Roof Underlay Cladding
Slide 39: T-grid False Ceilings, Duct covering and Planks
T-grid False Ceilings Duct covering and Planks
Slide 40: The Game Changer
The Game Changer The global fraternity of architects, project management consultants, and interior designers, all of whom we work with endorse fibre cement boards. Made to combat the cons of boards made from plywood and gypsum, fibre cement boards provide resistance against three significant threats
Slide 41: Vpanel and Vpremium
Vpanel Instant dry wall Used for ✓ Internal Walls ✓ External Walls ✓ Prefabricated Structures ✓ Compound Walls ✓ Construction Site Office Vpremium ✓ Security Cabins Heavy duty board Used for ✓ External Cladding ✓ CNC Cutting ✓ Roof Underlay ✓ Duct Covering ✓ Wet Area Applications
Slide 42: Vplanks and Vboards
Vplanks Tough inside, beautiful outside! Used for ✓ External Cladding Vboards ✓ Facades ✓ Duct Covering ✓ Compound Wall ✓ Garden Fencing Quick, affordable, and durable ✓ Gate Cladding construction with Fiber Cement Boards Used for ✓ Kitchen Cabinets and Shelves ✓ Internal Wall Paneling ✓ False Ceili
Slide 43: Product Line
Product Line
Slide 44: Designer Variants
Designer Variants Vnext Sandstone Vnext L&H Vnext - O Vnext Plank Vnext Stone VnextWave
Slide 45: Market Position: 1st, Market Share: 32%
Market Position: 1st Market Share: 32% Capacity Utilisation FY21 FY22 Q2FY22 Q1FY23 Q2FY23 Installed Capacity in MT 189750 239750 189750 239750 249750 Capacity Utilisation % 71% 76% 91% 91% 92% Revenue Growth FY21 FY22 Q2FY22 Q1FY23 Q2FY23 Sales (Rs Cr.) 203 287 70 94 101 Products with Lowest Carbon
Slide 46: Subsistence Is Sustainable
Subsistence Is Sustainable ‘The Wonder Yarn’, founded in 1992, is a sustainable yarn produced by recycling used PET bottles. This has helped the company to get to an international presence with its progressive ideology and technology. We are in line with the United Nations Conference on Sustainable
Slide 47: Market Position: 1st, Market Share: 50%
Since 1992 used in wide range of Applications Market Position: 1st • Replaced cotton yarn for table napkins in UK and US • Replaced Cotton Yarns and Market Share: 50% Twisted Filament yarns for upholstery fabrics in Belgium • Matt like finish used exclusively for high-end shirting and feather light
Slide 48: Cement Fibre Roof
Cement Fibre Roof We are one of the topmost AC roofing sheets brand in the country with production capacity of 9 lakh tones per annum FIBRE CEMENT ROOF
Slide 49: Market Position: 2nd, Market Share: 18%
40 years of core experience Market Position: 2nd Market Share: 18% Capacity Utilisation FY21 FY22 Q2FY22 Q1FY23 Q2FY23 Installed Capacity in MT 802000 802000 802000 802000 902000 Capacity Utilisation % 89% 96% 72% 113% 78% Revenue Growth FY21 FY22 Q2FY22 Q1FY23 Q2FY23 Sales (Rs Cr.) 791 854 167 291
Slide 50: Upcoming launches
A retail outlet offering fully sustainable, green products 2022-23 will witness the launch of promising brands Offers services to handle turnkey building projects
Slide 51: ATUM Life – Hyderabad
ATUM LIFE —- HYDERABAD
Slide 52: Vnext solutions turnkey offering
Expert teams. Expert solutions. Vnext solutions aims at offering turnkey solutions for a wide range of building requirements ranging from pre-fabricated buildings to interior furniture requirements. All the solutions offered aim at using only sustainable products, making this a one-of-its-kind offer
Slide 53: Indicative Map of India
40-year-old legacy of humble beginnings followed by rapid growth in last two decades Fibre Cement Roof Plants Andhra Pradesh Telangana Tamil Nadu Karnataka West Bengal Odisha Uttar Pradesh Maharashtra Vnext Plants Telangana Maharashtra Haryana Tamil Nadu Indicative Map of India ATUM Telangana Yarn M
Slide 54: Global Sales Presence
Global Sales Presence Exports to 30+ countries 7,000 + strong dealer network
Slide 55: Sustainability
03 Sustainability
Slide 56: Ability. Responsibility. Sustainability.
Ability. Responsibility. Sustainability. Sustainability in business is more an opportunity than a threat – Joseph Halt
Slide 57: GRI Sustainability Report
GRI Sustainability Report At Visaka, our commitment to build Sustainability at VIL is at core of the lives of the people and protect our products and operations. the environment serves as the basis From our search for alternate of our product offerings, operations raw mater that are environment and
Slide 58: Performance Highlights - Standalone
Performance 04 Highlights- Standalone
Slide 59: Result Snapshot
Result Snapshot Q2FY23 Q2FY22 Change Q1FY23 Change FY22 FY21 Change Building Products - Sales MT 218896 187159 17.0% 309821 -29.3% 947336 846534 11.9% Spinning - Sales Mt 3008 2269 32.6% 3630 -17.1% 10774 7172 50.2% Segment Mix Rs.Millions Building Products 2858 2411 18.5% 3908 -26.9% 11,675 10,096
Slide 60: Quarterly Financial Highlights
Quarterly Financial Highlights Operating Revenue (₹ mn) EBITDA (%) PAT (₹ mn) 24% -750 bps -600 bps 3625 15 238 2923 7.5 75 Q2FY22 Q2FY23 Q2FY22 Q2FY23 Q2FY22 Q2FY23
Slide 61: Quarterly Segment Mix
Quarterly Segment Mix Building Product Revenues (₹ mn) Building EBIT (₹ mn) 620 3908 533 3000 3194 3381 2689 2858 392 2358 2411 447 390 381 2019 323 289 128 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Synthetic Revenue
Slide 62: Yearly Segment Mix
Yearly Segment Mix Building Product Revenues (₹ mn) Building EBIT (₹ mn) 1842 10096 11675 1612 8420 9159 8346 1354 1221 712 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Synthetic Revenues (₹ mn) Synthetic EBIT (₹ mn) 441 2483 2205 281 2158 224 1703 80 1366 31 FY18 FY19 FY20 FY21 FY22 FY18 FY19
Slide 63: Product Revenues Mix
Product Revenues Mix Fibre Board & Panels (incl ATUM Cement Asbestos (%) Textiles - Synthetic Yarns (%) Roof) (%) 69 69 68 25 65 22 19 20 67 20 60 55 19 18 60 20 19 17 17 15 16 14 15 12 FY16 FY17 FY18 FY19 FY20 FY21 FY22 H1 FY16 FY17 FY18 FY19 FY20 FY21 FY22 H1 FY16 FY17 FY18 FY19 FY20 FY21 FY22 H1
Slide 64: Financial Highlights
05 Financial Highlights
Slide 65: Operational Metrics Quarterly
Operational Metrics Quarterly Operational Metrics (INR mn) Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Segmental revenues Building Products 2,019.0 2,357.8 3,000.0 3,193.8 2,411.1 2,688.8 3,381.4 3,908.2 2,857.6 Synthetic Yarn 242.8 449.1 541.5 296.9 511.5 849.5 825.0 883.9 767.4
Slide 66: Profit & Loss Statement Quarterly
Profit & Loss Statement Quarterly Profit & Loss (INR mn) Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Income from Operations 2,261.8 2,806.9 3,541.5 3,490.6 2,922.6 3,538.3 4,206.3 4,792.2 3,625.0 Other Income 24.3 21.8 24.2 21.1 20.4 30.9 53.5 27.3 22.7 Total Income 2,286.1 2,828.
Slide 67: Profit & Loss Statement Annual
Profit & Loss Statement Annual Profit & Loss (INR mn) FY18 FY19 FY20 FY21 FY22 Income from Operations 10,123.2 11,364.1 10,503.9 11,462.1 14,157.8 Other Income 45.7 120.4 66.2 85.9 98.9 Total Income 10,168.9 11,484.5 10,570.1 11,548.0 14,256.7 Operating Expenses 8,621.6 9,927.9 9,415.2 9,527.3 12,15
Slide 68: Operational Metrics Annual
Operational Metrics Annual Operational Metrics (INR mn) FY18 FY19 FY20 FY21 FY22 Segmental revenues Building Products 8,420.0 9159.3 8346.1 10095.7 11675.0 Synthetic Yarn 1,703.2 2204.8 2157.8 1366.4 2482.8 Segmental Profits Building Products 1,353.6 1,220.6 711.8 1,842.2 1,611.7 Synthetic Yarn 80.1
Slide 69: Balance Sheet and Ratios
Balance Sheet and Ratios Balance Sheet (INR mn) FY18 FY19 FY20 FY21 FY22 Share capital 159.2 159.2 159.2 165.2 173.2 Reserves and Surplus 4297.4 4835.8 4890.9 6104.0 7149.9 Non-current liabilities 1090.4 982.9 1001.3 893.4 619.8 Current liabilities 3298.3 3283.2 3383.7 2324.5 3141.1 Total Equity and
Slide 70: Why Visaka?
Young Leadership 40+ Years of Unique Experience Products Why Visaka? Proven Robust Performance Financials Sustainability is the Future
Slide 71: Thank You
Investor Relations Contact Thank You Mr Vinay Bathija (IR) vinay.bathija@visaka.in Cell: 9920062766