Lucky Cement Ltd. · PSX:LUCK

Lucky Cement — Q1 FY2021 Earnings Presentation

14 slides from Lucky Cement's earnings presentation, October 2020

  1. Slide 1: Analyst Briefing

    T RI EF ING ANALY sS1

  2. Slide 2: Executive Summary: Contents of the Briefing

    EXECUTIVE SUMMARY Group Structure Key Highlights Consolidated - Revenue Consolidated – Operating Profit Contents of the Briefing Sales & Market Share Q1 2021 V Q1 2020 Foreign Operations Consolidated – Profit & Loss Outlook 1 Analyst Briefing Q1 2021

  3. Slide 3: Lucky - A Diversified Conglomerate

    LUCKY - (A Diversified Conglomerate) Holding Company ICI Pakistan Limited Lucky Electric Power Lucky Motors Lucky Holdings LCL Investment Company Corporation Limited Holdings Limited 55% 100% 71.55% 75% 100% LuckyRawji Holdings Lucky Al Shumookh Al Shumookh Lucky Limited Holdings Limited Investment

  4. Slide 4: Key Highlights

    Key Highlights (PKR BN) CONSOLIDATED STANDALONE Q1 2021 Q1 2020 Q1 2021 Q1 2020 REVENUE 57.9 34.4 19.7 13.9 EBITDA 7.5 3.4 3.4 1.1 PROFIT AFTER TAX 5.1 1.5 2.2 0.95 EARNING PER SHARE (Rs) 13.45 3.93 6.89 2.96 3 Analyst Briefing Q1 2021

  5. Slide 5: Consolidated Business Revenue Up by 68%

    Consolidated Business Revenue Up by 68% 70,000 57,851 60,000 Segment Wise Revenue (PKR Mn) PKR IN (MN) 50,000 40,000 34,430 68% Business Q1 2021 Q1 2020 Growth 30,000 20,000 10,000 Cement 19,722 13,922 42% - Q1 2021 Q1 2020 Chemicals 17,148 16,733 2%  There was a considerable growth in the demand f

  6. Slide 6: Consolidated Operating Profits Grew by 258%

    Consolidated Operating Profits Grew by 258% 6,000 5,298 5,000 Segment Wise Operating Profits (PKR Mn) PKR IN (MN) 4,000 3,000 258% Business Q1 2021 Q1 2020 Growth 2,000 1,478 1,000 Cement 2,351 216 988% - Q1 2021 Q1 2020 Chemicals 1,614 1,640 2%  Cement’s rising volumes remains the key reason for t

  7. Slide 7: Q1 2021 Lucky Cement

    Q1 2021 LUCKY CEMENT

  8. Slide 8: Lucky's Sales & Market Share

    Lucky’s Sales & Market Share CAPACITY UTILIZATION – Cement & Clinker SALES – Million Tons 1.5 1.21 CLINKER 1.2 Million Tons Pezu Karachi 0.9 0.70 100% 87% 85% 0.6 0.45 0.49 81% 0.43 0.30 0.28 0.21 80% 0.3 65% 62% 60% 71% 0 66% 64% 40% 57% North South Exp - Cement Exp - Clinker 48% Q1 2021 Q1 2020 20

  9. Slide 9: Q1 2021 v Q1 2020 (PAT Waterfall)

    Q1 2021 V Q1 2020 (PAT Waterfall) (PKR in Bn) Volume Variance: Local ↑0.5MT; Export ↑0.25MT Fixed Cost: Impact of new line Depn Retention Prices – Local: From PKR 5792/t to PKR 5926 ↑PKR 134/t Operating Exp: Impact of increasing volumes Retention Prices – Export: From PKR 6120/t to PKR 5843 ↓PKR 277

  10. Slide 10: Foreign Operations

    D) LUCKY QA CEMENT FOREIGN OPERATIONS

  11. Slide 11: Rising Overseas Returns

    Rising Overseas Returns A 50:50 JV with Al Shumookh A 50:50 JV with Al Shumookh Construction A 50:50 JV with Rawsons Investments Joint Venture Materials Trading, a local partner Limited, a local partner Construction Materials Trading, a local partner Al Mabrooka Cement Manufacturing Company, Nyumba

  12. Slide 12: Consolidated Profit & Loss

    Consolidated Profit & Loss Q1 2021 Q1 2020 PARTICULAR CHANGE (%) REASONING (PKR Mn) (PKR Mn) Lucky marked an increase in its GP of about 2.5Bn due to GROSS PROFIT 8,773 4,344 102% better margins, along with KIA growing their operations significantly A hike in Distribution expenses of 380Mn for Lucky

  13. Slide 13: Outlook

    Outlook  While the initial outbreak of Covid-19 in Pakistan has receded significantly, a second wave of infections cannot be ruled out at present. Barring this, in the short to medium term the Outlook of the Cement Industry looks positive.  Due to an increase in the Economic activity, we expect th

  14. Slide 14: Analyst Briefing Q1 2021

    Analyst Briefing Q1 2021

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