Maple Leaf Cement Factory Ltd · PSX:MLCF

Maple Leaf Cement Factory — Non-Deal Roadshow (August 2023)

22 slides from Maple Leaf Cement Factory's roadshow presentation, August 2023

  1. Slide 1: Corporate Briefing 2023

    c aay Ae KM [ G Maple Leaf Cement Factory Limited oa Ney OD ~ Pakistan MAPLE LEAF CEMENT Corporate Briefing 2023

  2. Slide 2: Disclaimer

    Disclaimer ➢ This report has been prepared by Maple Leaf Cement Factory Limited (MLCFL) and is provided for information purposes only. ➢ Under no circumstances, this is to be used or considered as an offer to sell or solicitation or any offer to buy. While reasonable care has been taken to ensure th

  3. Slide 3: Who We Are

    Who We Are ▪ “SAIGOLS” - pioneers of industrial and commercial development in Pakistan, having 88 years of management experience. ▪ Ranked amongst the top five groups of Pakistan both in the textile and cement sectors. Net Market Revenue Capitalization ▪ Annual net revenues in FY 2022 May 02, 2023 U

  4. Slide 4: KMLG - Current Structure

    KMLG - Current Structure (Saigol Family) Kohinoor Maple Leaf Group Family holds 72.82% of KTML KTML Kohinoor Textile Mills Limited KTML holds 82.92% of MLCL KTML holds 56.51% MLCFL MLCFL holds MLCL holds MLCL MLCFL 100% MLPL 1.12% of Maple Leaf Capital Maple Leaf Cement MLPL Maple Leaf Power MLCF Li

  5. Slide 5: Why MLCF ?

    Why MLCF ? One of the largest single cement production Offering over 330 days/year run factor with sites of Pakistan with huge economies of scale. emissions conforming to EU standards. Energy efficient plants consuming only 720 Kilo Own power generation. Cheapest source of Calories per kg of clinker

  6. Slide 6: Cement Industry of Pakistan

    Cement Industry of Pakistan 6

  7. Slide 7: Major Players of Pakistan Cement Industry

    Major Players of Pakistan Cement Industry 16.00 14.00 Installed Clinker Production Capacity Million (Metric Ton) 14.22 13.70 12.00 10.00 8.00 Including Lafarge 7.89 7.80 6.00 6.72 4.91 4.00 4.63 4.32 3.21 2.85 2.76 2.01 1.14 0.78 2.00 0.48 Thatta 0.47 - DGKC Power Fecto Dewan Gharibwal Dandot MLCF C

  8. Slide 8: Major Players of Pakistan Cement Industry - After Upcoming Expansions

    Major Players of Pakistan Cement Industry- After Upcoming Expansions 16.00 14.00 14.22 Installed Clinker Production Capacity Million (Metric Ton) 13.70 12.00 9.94 10.00 2.05 7.62 8.00 7.25 7.80 Including Lafarge 2.67 6.00 3.30 2.34 6.72 5.01 4.13 4.00 5.22 4.91 3.45 4.32 3.00 4.63 1.28 2.00 2.85 2.3

  9. Slide 9: EBITDA Position in Industry

    EBITDA Position in Industry Top 5 EBITDA Players Rank 2014 2015 2016 2017 2018 2019 2020 2021 2022 1 Maple Leaf 39.31% Fauji 40.51% Fauji 47.57% Lucky 44.37% Maple Leaf 34.72% Bestway 31.20% Attock 15.91% Bestway 31.12% Bestway 31.50% 2 Lucky 39.26% Bestway 40.12% Bestway 45.91% Bestway 42.43% Bestw

  10. Slide 10: Brown Field Expansion of New Line up to 7000 Tons

    Brown Field Expansion of New Line up to 7000 Tons including Waste Heat Recovery Plant of 7 MW Plant Capacity up to 7,000 TPD L/C Opened 16-Apr-21 Production Commencement 3-Nov-22 US $ in PKR in % age Million Million Project Cost - Estimated 81.77 23,223 100% Financing Mode of Project: Debt (LTFF $5

  11. Slide 11: Clinker Capacity Utilization 300 Days Basis

    Clinker Capacity Utilization 300 Days Basis 2022 2021 DGKC FCCL MLCF LUCK CHCC GWCL BWCL KOHC PIOC 2% -10% -8% -2% -11% -16% -13% -3% -1% 110% 100% 97% 95% 93% 90% 87% 87% 86% 83% 79% 78% 80% 76% 78% 72% 70% 68% 70% 65% 65% 63%64% 60% 50% 40% Ranking DGKC FCCL MLCF LUCK CHCC GWCL BWCL KOHC PIOC 2022

  12. Slide 12: MLCF – Quarterly Cement Price (Grey-Local)

    MLCF – Quarterly Cement Price (Grey-Local) 1,050 1,044 1,000 995 950 988 900 PKR PER BAG 850 860 800 750 700 738 695 650 600 636 589 550 572 480 484 501 526 500 450 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 MLCF - Cement Price (Grey-Local) 2014-15 201

  13. Slide 13: MLCF–Quarterly Cement Retention (Grey-Local)

    MLCF–Quarterly Cement Retention (Grey-Local) 14,000 13,500 13,000 13,510 13,358 13,280 12,500 12,000 11,500 11,000 11,471 PKR PER TON 10,500 10,000 9,500 9,771 9,000 9,109 8,500 8,000 8,200 7,500 7,000 7,426 6,500 7,026 6,000 4,894 5,141 5,848 6,241 5,500 5,000 4,500 Mar-20 Jun-20 Sep-20 Dec-20 Mar-

  14. Slide 14: Grey Local Sale Growth MLCF Vs. Industry - North

    Grey Local Sale Growth MLCF Vs. Industry - North 70.00% 57.45% 60.00% 50.00% 40.00% 30.00% 19.43% 18.22% 16.56% 20.00% 6.83% 7.72% 6.07% 10.00% 0.00% -10.00% -1.26% -2.82% -4.72% -7.75% -7.16% -8.32% -20.00% -16.33% 2017 2018 2019 2020 2021 2022 2023 9M MLCF Industry - North Grey Local Dispatches in

  15. Slide 15: Profit & Loss Highlights - Consolidated (FY2022 Vs. 2021)

    Profit & Loss Highlights - Consolidated (Financial Year 2022 Vs. 2021) 37% June-22 June-21 48,000 48,520 44,000 40,000 36,000 35,538 32,000 PKR IN MILLION 28,000 24,000 20,000 16,000 56% 12,000 56% 13,239 64% 214% 12% 8,000 25% 19% 3,586 9,798 8,499 8,139 8,051 7,200 1,658 4,553 6,297 1,327 4,970 1,

  16. Slide 16: Profit & Loss Highlights - Consolidated (9M FY2023 Vs. 9M 2022)

    Profit & Loss Highlights - Consolidated (Financial Year 2023 9M Vs. 2022 9M) 38% Mar-23 Mar-22 50,000 45,000 40,000 47,090 35,000 34,091 PKR IN MILLION 30,000 25,000 20,000 15,000 49% 47% 27% 13,904 10,000 30% 51% 43% 10,218 9,362 8,766 8,725 73% 6,940 1,493 1,150 5,790 1,469 6,184 4,321 6,928 5,000

  17. Slide 17: Expansions in Cement Sector

    Expansions in Cement Sector Expected date Description North South Total Remarks of completion Capacity (as on June 30, 2022) 66,155,551 Additions during the year 2022-23 11,520,000 Addition Capacity % 17% Dispatches (as on June 30, 2022) - Local 39,438,528 8,196,369 47,634,897 Capacity (as on March

  18. Slide 18: Cement Sector at Glance: Expected Capacity Utilization

    Cement Sector at Glance Expected Capacity Utilization- YoY Basis Actual Estimated Growth @ 3% Per Annum Estimated Growth @ 6% Per Annum Particulars 2017 2018 2019 2020 2021 2022 2023 2024 2025 2023 2024 2025 ----------Metric Ton per Anum---------- ----------Metric Ton per Anum---------- Local Sales:

  19. Slide 19: Cement Sector in Pakistan

    Cement Sector in Pakistan Particulars FY 22 FY 21 YOY ------------Metric Tons------------% age Local Sales Cement Industry - North Sales 39,438,528 40,581,580 -2.82% Cement Industry - South Sales 8,196,369 7,537,362 8.74% Local - Pakistan 47,634,897 48,118,942 -1.01% Export Sales - - Cement Industry

  20. Slide 20: MLCF Performance History – Last 15 Years

    MLCF Performance History – Last 15 Years 50,000 48,520 Energy Energy 45,000 Mix & MixFired Coal & 35,538 WHRP 40,000 Improved WHRP Power Better Logistics Plant Line -III 35,000 29,118 Energy 30,000 Mix Rs. in million 25,684 26,006 23,416 23,885 25,000 20,720 17,963 18,969 20,000 16,518 17,049 17,357

  21. Slide 21: CSR Initiatives during last five years

    CSR Initiatives during last five years Amount Sr. No. Sectors (Rs. Million) 1 Water Scheme 33.13 2 Health 16.54 3 Education 94.08 4 Environment 37.98 5 Community Infrastructure 22.05 6 Local Administration 12.77 7 Covid-19 2.00 8 Road Safety 2.70 Total 221.25 21

  22. Slide 22: Thank You

    Thank You Presenter: Mohsin Naqvi Address: 42 Lawrence Road Lahore Pakistan Tel: 00-92-42-36369915, 00-92-42-36304181 Contact Us Cell: 00-92-333-4998888 Email: mohsin.naqvi@kmlg.com Website: www.kmlg.com

Maple Leaf Cement Factory — Non-Deal Roadshow (August 2023) on 6ix