Sahyadri Industries Limited. · NSE:SAHYADRI
Sahyadri Industries — Q2 FY2022 Earnings Presentation
36 slides from Sahyadri Industries's earnings presentation, Oct 26, 2021
Slide 1: Regulation 30 disclosure cover letter to BSE
Date:26th October 2021 To, The Listing Manager, BSE Limited Department of Corporate Services P. J. Towers, Dalal Street, Mumbai – 400001 Scrip Code: 532841 Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Mam, Please find a
Slide 2: Investor Presentation October 2021
Investor Presentation Investor Presentation November-2019 October 2021
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sahyadri Industries Limited. (herein after read as “Sahyadri Industries”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to
Slide 4: Q2 & H1FY22 Update
COFEE BREAK Q2 & H1FY22 Update
Slide 5: Management Commentary
Management Commentary Commenting on the results and performance for H1FY22, Mr. Satyen Patel, Managing Director of Sahyadri Industries Limited said: “During the initial part of half the second wave of covid had affected businesses and lives across, however improved vaccination drives and a subsequen
Slide 6: Q2FY22 – Performance Highlights
Q2FY22 – Performance Highlights Total Income* (Rs in Cr) EBITDA* (Rs in Cr) 105.7 21.7 22.0 94.2 1.4 In Q2FY21 other income Revenue 3.0 included Income from Other Income Investment (Profit and restatement) of Rs. 2.12 51.1 Cr and in Q2FY22 the value 1.1 104.3 8.8 91.2 was reduced to Rs. 0.82 Cr 50.0
Slide 7: H1FY22 – Performance Highlights
H1FY22 – Performance Highlights Total Income* (Rs in Cr) EBITDA* (Rs in Cr) 302.0 69.4 2.5 In Q2FY21 other income Revenue 242.7 57.8 included Income from Other Income 4.1 Investment (Profit and 160.0 restatement) of Rs. 2.12 1.4 299.5 Cr and in Q2FY22 the value 30.4 238.6 was reduced to Rs. 0.82 Cr
Slide 8: Capex Update
Capex Update Perundarai, Tamil Nadu Odisha Flat Sheet Products Asbestos Corrugated Sheet ✓ Plant Capacity will increase by ✓ Plant Capacity of 1,20,000 MTPA 72,000 MTPA ✓ The Company has applied with Odisha ✓ Capex of Rs 60 cr has been state government for necessary assigned for the said facility ap
Slide 9: Profit & Loss Statement
Profit & Loss Statement Particulars (Rs. Cr) Q2FY22 Q2FY21 YoY H1FY22 H1FY21 YoY Revenue from Operations 104.3 91.2 14.4% 299.5 238.6 25.5% Other Income 1.4 3.0 2.5 4.1 Total Income 105.7 94.2 12.3% 302.0 242.6 24.4% Cost of Goods Solds 47.3 41.6 151.8 123.0 Gross Profit 58.4 52.6 11.0% 150.2 119.7
Slide 10: Balance Sheet
Balance Sheet Assets (Rs. Cr) Sep-21 Mar-21 Equity & Liabilities (Rs. Cr) Sep-21 Mar-21 Non - Current Assets 171.9 149.3 Total Equity 286.4 245.1 Property Plant & Equipments 118.7 122.7 Share Capital 9.6 9.6 CWIP 21.5 4.0 Reserves & Surplus 276.8 235.5 Intangible assets 0.1 0.1 Non-Current Liabiliti
Slide 11: Cash Flow Statement
Cash Flow Statement Particulars (Rs. Cr) Sep-21 Mar-21 Net Profit Before Tax 59.8 78.6 Adjustments for: Non -Cash Items / Other Investment or Financial Items 8.7 16.3 Operating profit before working capital changes 68.5 94.9 Changes in working capital -14.8 -25.0 Cash generated from Operations 53.7
Slide 12: Company Overview
COFEE BREAK Company Overview
Slide 13: Sahyadri Industries – A Niche Player in the Construction Industry
Sahyadri Industries – A Niche Player in the Construction Industry Making Difference Sahyadri Industries is a building solutions pioneer, providing a Product Portfolio comprehensive range of products for interior and exterior building Sahyadri's product portfolio includes innovative, systems, as well
Slide 14: A Trusted Brand… built over the years
A Trusted Brand… built over the years The Company was originally incorporated Reverse merger between ‘Swastik under ‘New Sahyadri Industries Private Roofing Limited and New Sahyadri Limited’ Industries Limited’ Established first plant at Chinchwad, Sahyadri had set up plants at Mahuvej, The Company
Slide 15: Experienced Board of Directors and Management Team
Experienced Board of Directors and Management Team Satyen Patel – B.Com, PGPBA Tuljaram Maheshwari – B.Com , CA Jayesh Patel – B.Com, MBA Managing Director WTD, CEO & CFO Chairman & Whole Time Director Young and Dynamic face of SIL since 1998. Appointed on board in 2020. More than 39 Leading face of
Slide 16: Snapshot of Capabilities
Snapshot of Capabilities Built Core Strong Established Product Strong Financial Strength Distribution Brands Innovation Performance 5 Years* Diversified Presence Dealers & Distributors No of Products Total Income# 5 Plants across 4 States 3,000+ 45+ 16% CAGR Experience Global Presence R&D Team EBITD
Slide 17: Well Established Branded Product Portfolio with Increasing Share of Value-Added Products
Well Established Branded Product Portfolio with Increasing Share of Value-Added Products Cool Fire Resistant Fits any Edge, Water Termite Strong & Comfortable Asbestos Free Light Weight & Non- Corner Resistant Resistant Durable Living Combustible 16
Slide 18: CSR activities… A Responsible Corporate
CSR activities… A Responsible Corporate Swastik Kukdookoo Cemply Swachalay Digital Classroom Program • Useful for economically weaker section of the • Initiative under Swachh Bharat Abhiyan • Associated with Rotary Club for formulation and society to increase their wealth • Affordable high quality t
Slide 19: Product Portfolio
COFEE BREAK Product Portfolio
Slide 20: Product Portfolio – EcoPro Cement Boards
Product Portfolio – EcoPro Cement Boards EcoPro- The 21st Century Designer Fibre Cement Boards Pebble Stone Wave Bricks Wooden Aquatic Handcrafted Bricks With the extensive research and hard work, Sahyadri has EcoPro offers benefits of introduced sustainable building multipurpose and material EcoPro
Slide 21: Product Portfolio – Cemply Flat Sheet
Product Portfolio – Cemply Flat Sheet Cemply flat sheets are suitable for application areas like furniture, side panelling, false ceilings Cemply 18 is a very popular for mezzanine flooring Cemply flat sheets are available in multiple sizes and with various forms of thickness Cemply flat sheet offer
Slide 22: Product Portfolio – Swastik Roof Sheets
Product Portfolio – Swastik Roof Sheets 01 The roofs are durable, non-corrosive, fire resistant and are more reliable in cyclone prone areas The cement sheets do not get blown away due to its dead weight 02 because of which the roof remains intact 03 Pioneer in introducing Swastik Twinroof system in
Slide 23: Product Portfolio – EcoPro S3
Product Portfolio – EcoPro S3 EcoPro S3 House An answer to the country’s future 01 construction needs 02 Ecopro S3 is a speedy, innovative and a sustainable building solution to enable cost-effective quality construction 03 Being a dry construction, no plastering or curing is required, hence amounti
Slide 24: Contours of Amalgamation/Merger
Contours of Amalgamation/Merger Amalgamation/Merger Consideration Category Pre-Arrangement Post-Arrangement • Scheme of arrangement provides for “Demerging the Industrial Business Undertaking of Poonam Roofing Products Pvt. Ltd. into Sahyadri Industries Limited” Promoter 66.94% 71.12% • There is No
Slide 25: Strategically Located Plants in Western & Southern India
Strategically Located Plants in Western & Southern India Plant Location Product Portfolio Chinchwad, Non Asbestos Flat Sheet Maharashtra Asbestos Corrugated Sheet Kedgaon, Non Asbestos Flat Sheet Maharashtra Asbestos Flat Sheet Vijaywada, Mahuvej, Andhra Pradesh Gujarat Chinchwad & Kedgaon, Maharash
Slide 26: Industry Overview
Industry Overview Industry Growth Drivers Indian Roofing Industry Construction Sector India's construction industry is one of the largest in the world, and the country's • Market size: Rs 42,000 Crores continued emphasis on urban development creates a high demand for quality roofing solutions. • Gro
Slide 27: Future Roadmap – Expand, Explore & Excel
Future Roadmap – Expand, Explore & Excel Exploring Improve Operational New Market Efficiencies Increase Market To Become Pan Capital Penetration India Player Expenditure Value Added Accelerate Revenue Products Growth 26
Slide 28: Financial Performance
COFEE BREAK Financial Performance
Slide 29: Performance Highlights
Performance Highlights Total Income* (Rs in Cr) EBITDA* (Rs in Cr) PAT (Rs in Cr) 477.6 +16% +22% 97.5 61.7 69.3 +113% 297.6 285.8 65.0 260.2 271.3 43.7 48.1 31.9 24.4 26.6 3.0 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 EBITDA* (%) PAT (%) 23.6% 23.0% 13.1% 19.5% 10.8
Slide 30: Balance Sheet Highlights
Balance Sheet Highlights Net Worth (Rs in Cr) Cash Flow From Operation (Rs in Cr) Gross Block* (Rs in Cr) 245.1 66.4 69.9 377.2 +23% 185.0 55.9 162.7 130.8 40.2 201.9 203.8 205.7 210.8 106.3 33.3 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21
Slide 31: Historical Profit & Loss Statement
Historical Profit & Loss Statement Particulars (Rs. Cr) FY21 FY20 FY19 FY18 FY17 Revenue from Operations 472.0 284.1 296.6 270.1 258.2 Other Income 5.6 1.7 1.0 1.2 2.0 Total Income 477.6 285.8 297.6 271.3 260.2 Cost of Goods Sold 240.0 147.6 140.4 132.8 147.4 Gross Profit 237.6 138.2 157.2 138.4 112
Slide 32: Historical Balance Sheet
Historical Balance Sheet Assets (Rs. Cr) Mar-21 Mar-20 Mar-19 Mar-18 Mar-17 Equity & Liabilities (Rs. Cr) Mar-21 Mar-20 Mar-19 Mar-18 Mar-17 Non - Current Assets 149.3 145.8 155.7 171.2 194.2 Total Equity 245.1 185.0 162.7 130.8 106.3 Property Plant & Equipments 122.7 126.8 142.7 158.9 182.1 Share C
Slide 33: Historical Cash Flow Statement
Historical Cash Flow Statement Particulars (Rs. Cr) Mar-21 Mar-20 Mar-19 Mar-18 Mar-17 Net Profit Before Tax 78.6 28.3 44.9 35.7 4.6 Adjustments for: Non -Cash Items / Other Investment or Financial Items 16.3 21.3 26.1 31.0 36.1 Operating profit before working capital changes 94.9 49.6 71.0 66.6 40.
Slide 34: Dividend History
Dividend History Particulars (in Rs.) FY21 FY20 FY19 Earnings Per Share 64.5 27.8 33.4 Interim Dividend Per Share 1.5 2.5 - Final Dividend Per Share 3.5 - 1.0 Total Dividend Per Share 5.0 2.5 1.0 EPS (in Rs.) DPS (in Rs.) 64.5 5.0 33.4 27.8 2.5 1.0 FY19 FY20 FY21 FY19 FY20 FY21 The Company has paid
Slide 35: Way Ahead in FY22 and Beyond…
Way Ahead in FY22 and Beyond… Focus on margin-rich Growth through new Capacity Expansion Sound Financials Value-Added Products clients & geographies • Sahyadri aims to increase the • The Company will explore the • The Company continuously • A strong financial discipline share of Value-Added products
Slide 36: Contact us
Contact us Company : Investor Relations Advisors : CIN No: L26956PN1994PLC078941 CIN - U74140MH2010PTC204285 Mr. Shrikant Joshi Mr. Aakash Mehta/ Mr. Mandar Chavan Email: cs@silworld.in aakash.s.m@sgapl.net / mandar.chavan@sgapl.net +91 98706 79263/ +91 96993 82195 www.silworld.in www.sgapl.net 35
Sahyadri Industries — Q2 FY2022 Earnings Presentation on 6ix