Crescent Steel & Allied Products Ltd · PSX:CSAP
Crescent Steel & Allied Products — Investor Presentation (2025)
26 slides from Crescent Steel & Allied Products's investor presentation, 2025
Slide 1: Crescent Steel & Allied Products Limited
CRESCENT STEEL & ALLIED PRODUCTS LIMITED 1
Slide 2: Our Vision & Mission
Our Vision & Mission VISION To excel across all our operations and deliver sustainable value to all stakeholders. MISSION Grow and enhance company value, and pursue new growth opportunities. Maintain cost and quality leadership in an internationally competitive environment. Promote best use
Slide 3: Our Core Values
Our Core Values Consistently Acting with Leveraging Continuous Social doing the stewardship relationships for improvement responsibility is at right thing out- gives us the performance competitive heart of our advantage business Being ethically To build a Delivering value Fostering Enabling change i
Slide 4: Our Governing Principles
Our Governing Principles Conduct our business in a responsible manner; with honesty, transparency and integrity. “Giving something back” by addressing issues of education, healthcare, public safety, environmental health etc. Compliance with workplace health and safety standards. Provide equa
Slide 5: Our flagship operation: Steel Segment
Our flagship operation: Steel Segment Steel segment is the major driver of operational activity, volumes and performance at Crescent Steel. Specializes in manufacturing large diameter spiral welded pipes and various line pipe coatings. Contributed 4,783 km to Pakistan’s gas transmission networ
Slide 6: Steel Division: Manufacturing Capability
Steel Division: Manufacturing Capability Line pipe Operations Industry leader in Pakistan for large diameter Submerged Arc Welded Helical steel pipe. Authorized to use API monogram of the American Petroleum Institute (API). Manufacturing range of 8”-120” dia in wall thickness from 4 mm – 25 mm
Slide 7: Steel Division: Manufacturing Capability
Steel Division: Manufacturing Capability COATING OPERATIONS • Multi-layered external and internal coating. • Annual capacity of 600,000 m2 based on a notional size of 14” in diameter on single shift working. FABRICATION SERVICES • Capability to fabricate and erect machinery. 7
Slide 8: Investment & Infrastructure Development Division
Investment & Infrastructure Development Division • Manages investment portfolios in securities and investment properties having market values of approx. Rs. 4.50 billion including strategic equity investments of Rs. 2.78 billion on consolidated basis. • After the half year we have sold 27.415 millio
Slide 9: Cotton Division: Manufacturing Capability
Cotton Division: Manufacturing Capability YARN OPERATIONS • One spinning unit with 19,680 spindles. • Daily production capacity of 385 Bags. • Counts ranging from 10s to 31s. • Equipped with European and Japanese machinery located at Jaranwala, Punjab. 9
Slide 10: Billet Division: Manufacturing Capability
Billet Division: Manufacturing Capability BILLET OPERATIONS - Discontinued • State of art melt shop with two induction melting furnaces and a continuous casting machine. • Annual production capacity of 85,000 MT of steel billets. • Located at Bhone, Punjab. • Billets are used by re-rolling mills. 10
Slide 11: Energy Division: Generation Capability
Energy Division: Generation Capability ELECTRICITY OPERATIONS • Provide electricity internally to Billet manufacturing unit and other customers. • Equipped with a 15 MW thermal co-generation power plant and a 16.5 MW condensing and extraction turbines both on bagasse fired combustion process. • Cres
Slide 12: Our Performance
Our Performance 12
Slide 13: Performance Indicators
Performance Indicators HYFY2025 FY2024 FY2023 FY 2022 Profitability Ratios Gross profit / (loss) ratio 24.7 28.9 17.2 (0.9) Return on equity (%)* 16.4 20.8 2.9 6.0 Return on capital employed (RoCE) (%)* 13.4 18.7 2.3 4.9 Return on average assets (%)* 11.7 15.7 1.9 4.3 Liquidity Ratios Current ratio
Slide 14: 10 Year Performance – Company Sales, Profit after tax & EPS
10 Year Performance – Company Sales, Profit after tax & EPS 12,000 25.00 10,209 20.69 10,000 9,112 20.00 8,000 7,412 7,090 7,043 7,259 15.00 12.97 Rupees in Million 13.05 6,000 In Rupees 4,066 4,516 8.67 10.00 9.68 3,822 4,000 4.53 3112 4.72 2,101 5.00 2,000 1.53 1.85 1,607 1,012 2.28 967 752 144 67
Slide 15: 10 Year Performance – Group Sales & Profit after tax
10 Year Performance – Group Sales & Profit after tax 14,000 20.00 12,286 12,000 15.05 11,463 16.38 15.29 15.00 10,000 9,112 7,575 10.19 10.00 8,000 7,285 7,259 Rupees in Million 7.617,090 6,000 5.00 2,303 3.22 4,516 3,822 3,112 4,000 0.19 0.00 (0.79) (0.26) 1,272 2,000 1,122 1,187 200 791 591 (61) (
Slide 16: Half-Yearly Performance – Division-wise
Half-Yearly Performance – Division-wise HYFY25 HYFY24 3,500 4,500 4,277 3,111 4,000 3,000 3,500 2,500 3,000 2,000 2,500 1,500 2,000 1,500 1,000 944 600 586 1,000 761 744 436 500 500 1 0 0 0 0 0 0 (32) (37) 0 (118) (32) (45) (36) Steel Cotton Energy Hadeed IID Steel Cotton Energy Hadeed IID segment s
Slide 17: Breakup Value & Market Value
Breakup Value & Market Value 250.0 200.0 Rupees per share 150.0 100.0 50.0 - FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 HYFY 25 Breakup Value Unconsolidated 65.2 74.8 87.8 86.6 69.5 70.2 76.9 76.9 78.8 99.4 104.6 Market Value 51.97 114.61 238.57 91.17 37.78 45.50 83.90 41.67 21.50 54.00 105.0
Slide 18: Gearing & Financial Leverage Ratio
Gearing & Financial Leverage Ratio 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% FY20 FY21 FY22 FY23 FY24 HYFY25 Gearing Ratio 35.5% 24.2% 14.8% 24.9% 14.5% 25.3% Financial Leverage Ratio 55.5% 32.0% 17.5% 33.7% 17.0% 33.9% 18
Slide 19: Steel Segment Performance
Steel Segment Performance 19
Slide 20: 10 Year Performance - Steel Segment Revenue & Profit/(Loss) before tax
10 Year Performance - Steel Segment Revenue & Profit/(Loss) before tax 10,000 8,920 9,056 9,000 8,000 7,378 7,000 Rs. In MILLION 6,136 6,000 5,000 4,000 3,396 3,111 3,000 2,740 2,381 2,000 1,371 1,122 1,025 1,291 1,392 1,000 609 498 307 437 85 - FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 HYFY
Slide 21: Investment & Infrastructure Segment Performance
Investment & Infrastructure Segment Performance 21
Slide 22: 10 Year Performance – IID Segment Income & Profit/(Loss) before tax
10 Year Performance – IID Segment Income & Profit/(Loss) before tax 1,200 1,115 1,070 970 950 1,000 Rs. In MILLION 800 600 586 600 496 465 389 400 363 341 309 316 268 247 233 192 203 184 200 153 83 43 - FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 HYFY25 Income from investments Profti before ta
Slide 23: Challenges and Future Outlook
Challenges and Future Outlook Geopolitical situation of the region (Palestine – Israel) creating supply chain disruptions. Global commodity markets have been volatile. Critical raw materials, consumables and spares are all imported. Rising utilities costs, higher employment costs, and additi
Slide 24: Challenges and Future Outlook (Cont.)
Challenges and Future Outlook (Cont.) Mixed-dia bare pipe production during the HYFY25 was 30,491.3 tons (HYFY24: 43,883.9 tons). During HYFY25 Line-pipe coating was recorded at 225,426 square meters (HYFY24: 252,452 square meters). In 2HFY25, we shall continue manufacturing balance quantities
Slide 25: Questions & Answers
Questions & Answers 25
Slide 26: Thanks
Thanks 26
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