Sirca Paints India Ltd. · NSE:SIRCA
Sirca Paints India — H1 FY2020 Earnings Presentation
19 slides from Sirca Paints India's earnings presentation, Nov 21, 2019
Slide 1: Submission of investor presentation to NSE
e ie Siro. — SIRCA PAINTS INDIA LIMITED WOOD COATINGS (ITALY) (Formerly known as Sircolor Wood Coatings Pvt. Ltd.) 9 Regd. office : Plot No-50, Badli Industrial Area, Phase-2, New Delhi-110042 & 011-42083083 / 47533213 &4 info@sircapaints.com @ www.sircapaints.com CIN NO : L24219DL2006PLC145092 Nove
Slide 2: Q2 & H1 FY20 Earning Presentation
01 SIRCA PAINTS INDIA LIMITED Q2 & H1 FY20 Earning Presentation NSE: SIRCA | Bloomberg: SIRCA:IN | CIN: L24219DL2006PLC145092
Slide 3: Q2FY20 Result Discussion
Q2FY20 Result Discussion Sirca Paints India Limited Result Presentation
Slide 4: Profit & Loss Summary Q2FY20
02 Profit & Loss Summary Q2FY20 Result (In Crores) Particulars Q2FY20 Q1FY20 Q2FY19 Y-O-Y% 12.1% Q2FY20 Revenue from Operations at 37.58 Crores as compared to 33.54 Revenue from Operations 37.58 31.92 33.54 12.1% Crores in Q2FY19 Total Income 40.05 33.59 34.68 15.5% Total Operating Expenses 26.49 24
Slide 5: Balance Sheet Summary
03 Balance Sheet Summary Q2FY20 Result (In Crores) Particulars Q2FY20 Q4FY19 Q2FY19* Y-o-Y% Shareholders Fund 180.64 167.72 153.88 17.4% Non Current Liabilities 0.08 0.49 0.45 -82.3% Current Liabilities 31.27 22.45 27.78 12.6% Total 212.00 190.67 182.13 16.4% Non Current Assets 48.86 36.62 32.03 52.
Slide 6: Cash Flow Summary
04 Cash Flow Summary Q2FY20 Result (In Crores) Particulars Q2FY20 Q4FY19 Q2FY19 Y-o-Y% Operating profit/(loss) before working capital changes 17.30 21.57 7.83 121.0% Net cash (used in)/generated from operating activities 7.36 -13.03 1.07 586.1% Net cash (used in)/generated from investing activities
Slide 7: H1FY20 Result Discussion
H1FY20 Result Discussion Sirca Paints India Limited Result Presentation
Slide 8: Profit & Loss Summary H1FY20
06 Profit & Loss Summary H1FY20 Result (In Crores) Particulars H1FY20 H2FY19* H1FY19 Y-O-Y% 20.0% H1FY20 Revenue from Operations at 69.51 Crores as compared to 57.94 Revenue from Operations 69.51 63.94 57.94 20.0% Crores in H1FY19 Total Income 73.64 68.83 59.18 24.4% Total Operating Expenses 50.74 4
Slide 9: Management Commentary
07 Management Commentary Business Update Corporate Update Q2FY20 Result Discussion a) Strengthened Physical Infrastructure a) Migration to MainBoard • The company has performed well in Q2FY20 in relation Major thrust on creating the physical infrastructure to support growth The company has successfu
Slide 10: Promotional Activity
08 Promotional Activity The company has increased its promotional activities, on both regional and national media. The company now sponsors the weather news on a prominent national news channel- AajTak, along with advertisements on regional channels for the southern Indian region. IADC Event in Jaip
Slide 11: Company Overview
Company Overview Sirca Paints India Limited Result Presentation
Slide 12: About Us
10 About Us • Incorporated by Mr. Sanjay Agarwal and Mr. Gurjit Singh Bains in 2006 as ‘Sircolor Wood Coatings Private Limited’. • We deal prominently in premium wood, glass, metal coating products under the brand name ‘Sirca’. • We have an exclusive tie-up with Sirca S.p.A (Italy) for distributing
Slide 13: Company Snapshot
11 Company Snapshot Among the leading Exclusive tie-up with Market leader in North 2 Manufacturing premium wood coatings Sirca S.p.A Italy for India Facilities player in India Bangladesh, Nepal, Sri Lanka and India OEM vs Retail Revenue Number of dealers – 555+ Team Size – 250+ Virtually Debt-Free M
Slide 14: Product Portfolio
12 Product Portfolio Entire range of product portfolio available to our channel partners 1. Wood Coatings • Wood Stains New Additions through Manufacturing Facilities • Polyurethane Polish (PU) • Melamine • Polyester (Lamination) • Economical PU • Acrylic Finishes • NC Products • UV Products • Thinn
Slide 15: Customer Segments
13 Customer Segments OEMs Retail 30% revenue contribution. 70% revenue contribution. Key clientele includes: Godrej, Jindal Strong dealer network of 555+ dealers. Stainless, Indoline, Space Wood, Pyramid, MAS Furniture, Alsorg, Soundarya Growth strategy: Decorators etc. 1. Chain of studios being ope
Slide 16: Financial Summary: Profit & Loss Statement
14 Financial Summary Profit & Loss Statement (In Crores) Particulars 2015 2016 2017 2018 2019 Revenue from Operations 65.25 70.54 82.51 89.22 125.34 Total Income 69.76 72.66 84.34 93.57 131.46 Total Operating Expenses 59.66 60.91 62.30 63.26 93.81 EBITDA (Excluding OI) 5.59 9.63 20.21 25.96 31.53 EB
Slide 17: Financial Summary: Balance Sheet
15 Financial Summary Balance Sheet (In Crores) Particulars 2015 2016 2017 2018 2019 Shareholders Fund 13.14 20.42 34.12 67.63 167.78 Non Current Liabilities 0.43 0.23 0.02 0.33 0.63 Current Liabilities 19.82 24.41 27.14 26.57 32.29 Total 33.41 45.07 61.31 94.56 200.72 Non Current Assets 4.29 4.94 9.
Slide 18: Contact Us
16 Contact Us Mr. Chahat Mahajan Company Secretary and Compliance Office Sirca Paints India Limited cs@sircapaints.com Mr. Sayam Pokharna Integrated Reporting Advisor The Investment Lab sayam@theinvestmentlab.in Sirca Paints India Limited Result Presentation
Slide 19: Disclaimer
17 Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after th