Prakash Industries Limited · NSE:PRAKASH
Prakash Industries — Q1 FY2019 Earnings Presentation
26 slides from Prakash Industries's earnings presentation, 2018
Slide 1: Prakash Industries Limited Investor Presentation Q1 FY19
PRAKASH INDUSTRIES LIMITED People… Prosperity… Progress… INVESTOR PRESENTATION | Q1 FY19
Slide 2: Disclaimer
DISCLAIMER This presentation and the accompanying slides (the “Presentation”), which have been prepared by Prakash Industries Limited (the “Company”) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall n
Slide 3: Agenda
AGENDA 01 02 03 04 05 KEY COMPANY FINANCIAL CORPORATE UPDATES AT GLANCE HIGHLIGHTS SOCIAL RESPONSIBILITY 3
Slide 4: Key Updates
KEY UPDATES 4
Slide 5: Key Updates
KEY UPDATES All Time High Sales Realisation • During the quarter, the sales realisation of the Company was at All Time High, as the prices improved by ~ 30% against Q1FY18 Highest Ever Sales Volume • Achieved highest quarterly sales volume of ~2.40 lac tonnes in Q1FY19, growth of 26% against Q1F
Slide 6: Company at Glance
COMPANY AT GLANCE 6
Slide 7: Company Overview
COMPANY OVERVIEW One of the Strategically Captive Iron 230MW captive PVC Pipes & Largest located plants ore mines in power plant at Fittings- Strong Integrated in Odisha & its integrated brand presence Steel Chhattisgarh, Chhattisgarh; steel plant in North India Manufacturers one of the Step towards
Slide 8: Our Footprints
OUR FOOTPRINTS Corporate Office, New Delhi 1 Mn Tonne Steel Manufacturing Capacity 55,000 Tonne PVC Pipes Manufacturing Capacity Allotted Kawardha iron ore mine in Chhattisgarh, operational by FY20 Sirkaguttu Iron Ore Mine in Odisha, operational by Q2FY19 Windmill , Tamil Nadu 8
Slide 9: Diversified Business Segments
DIVERSIFIED BUSINESS SEGMENTS Revenue Break-up Prakash Industries Q1FY19 Steel & Mining Plastic Wind Power Power PVC Pipes & Iron Ore Sponge Iron Fittings Captive Flexible Power Plant Packaging Steel Blooms & Billets Wire Rod TMT Bars Ferro Alloys 9
Slide 10: Integrated Steel Business
INTEGRATED STEEL BUSINESS 01 Integrated Steel Plant at Chhattisgarh 02 Produces steel through coal based Sponge Iron Route; Technical collaboration with Lugri GmbH, Germany Secured Supply of Key Raw material – (i) Iron Ore - mines allotted in the state 03 of Chhattisgarh & Odisha (ii) Coal through l
Slide 11: Steel – Product Portfolio
STEEL – PRODUCT PORTFOLIO Wire Rods HB Wire Structural Steel TMT bars Ferro Alloys 11
Slide 12: Power Business
POWER BUSINESS Operating 230 MW captive power at its Integrated Steel Plant Power generated partly by harnessing waste gases emanating from Sponge Iron process and partly through Thermal route Out of the total 230 MW – 65 MW through Power Co generation and 165 MW through Thermal route 12
Slide 13: Steel & Power – Key Growth Drivers
STEEL & POWER – KEY GROWTH DRIVERS National Steel Policy 2017 Focus on Affordable Housing & Infrastructure Build a globally competitive industry with a crude steel Emphasis on Housing for All by 2022 by the capacity of 300 MT by 2030-31 Government Increase per Capita Steel Consumption to 160 K
Slide 14: PVC Pipes Business – Demerged Entity
PVC PIPES BUSINESS – DEMERGED ENTITY Plant Strategically located in Uttrakhand; with current capacity of 55,000 MTPA Strong Brand presence in the states of UP, Uttrakhand, Delhi, Haryana & Punjab Enhanced product portfolio with PVC fittings and Garden Pipes Ventured into Flexible Plastic Packaging b
Slide 15: PVC Pipes – Product Portfolio
PVC PIPES – PRODUCT PORTFOLIO 15
Slide 16: Key Growth Drivers – PVC Business
KEY GROWTH DRIVERS – PVC BUSINESS Government thrust on Agriculture & Infrastructure Swachh Bharat Abhiyan “Affordable Housing” and “Housing for All” Higher Union Budget allocation for Irrigation sector GST to give edge to the organised players over unorganised sector 16
Slide 17: Capacity Expansion to Add Value in FY19
CAPACITY EXPANSION TO ADD VALUE IN FY19 Existing Future Total Product Location Time Line Capacity Capacity Capacity Integrated Steel Finished Raipur, 1.1 Mn Tons - 1.1 Mn Tons - Steel Chhattisgarh Champa, Sponge Iron 1.0 Mn Tons 0.40 Mn Tons 1.4 Mn Tons Mar, 2019 Chhattisgarh Champa, Steel Billets 1
Slide 18: Financial Highlights
FINANCIAL HIGHLIGHTS 18
Slide 19: Financial Highlights – Q1FY19
FINANCIAL HIGHLIGHTS – Q1FY19 Revenue EBITDA PAT EPS Basic (Rs. Cr) (Rs. Cr) (Rs. Cr) (Rs.) 51% 122% 185% 145% YoY YoY YoY YoY * On Annualized basis this quarterly EPS works out to Rs. 43 19
Slide 20: Financial Highlights - FY18
FINANCIAL HIGHLIGHTS - FY18 Revenue EBITDA PAT EPS Basic (Rs. Cr) (Rs. Cr) (Rs. Cr) (Rs.) Constant improvement in operational efficiencies, higher production volumes, & better sales realization led to increase in profitability 20
Slide 21: Profitability Highlights – Q1FY19
PROFITABILITY HIGHLIGHTS – Q1FY19 Rs. in Cr Q1FY19 Q1FY18 YoY Q4FY18 QoQ FY18 Revenues 985 650 51% 910 8% 2,935 Other Income 2 1 7 15 Total Income 987 652 917 2,950 Raw Material 585 419 568 1,847 Employee Expenses 54 47 57 196 Other Operating Expenses 106 76 82 310 EBITDA 242 109 122% 210 15% 596 EB
Slide 22: Balance Sheet Highlights - FY18
BALANCE SHEET HIGHLIGHTS - FY18 Rs. Crore Mar-18 Mar-17 Rs. Crore Mar-18 Mar-17 Shareholder’s Funds 2,736 2,221 Non-current assets 3,363 3,003 Share capital 157 139 Fixed assets 3,067 2,720 Other Equity 2,579 2,082 Non Current Tax Asset 136 129 Non-current liabilities 635 608 Deferred Tax assets 160
Slide 23: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY 23
Slide 24: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY Corporate Social Responsibility (CSR) has been integral part of the Company's business since inception. Following are the broad areas of the initiatives: • Providing safe drinking water facilities • Conducting training programs for promotion of vocational skills & env
Slide 25: Betterment of the Community
… BETTERMENT OF THE COMMUNITY “Mission 500” – Baal Sanskar Clean & Safe Water Preliminary Medicare Centre's Kendras Wasteland Reclamation & Renovation of Public Places Education Plantation 25
Slide 26: Thank You
Thank You For more information: Prakash Industries Limited: investorshelpline@prakash.com Investor Relations Advisors: Stellar IR Advisors Pvt. Ltd. Mr. Vikash Verma / Mr. Gaurang Chotalia vikash.verma@stellar-ir.com / Gaurang.chotalia@stellar-ir.com www.stellar-ir.com 26