Stylam Industries Limited · NSE:STYLAMIND
Stylam Industries — Q4 FY2023 Earnings Presentation
26 slides from Stylam Industries's earnings presentation, May 5, 2023
Slide 1: Exchange filing cover letter for investor presentation
Ref . No. : StL/ CHD I 2023-24 I O5O52O22 Dated: 05.05.2023 The ManaSer The Manager, Listing Department Listing Department, BSE Limited (BSE) National Stock Exchange of lndia Ltd (NSE) Corporate Relation Department, Exchange Plaza, C-1 Block G, Bandra Kurla Phiroze Jeejeebhoy Towers,25rH Floor Compl
Slide 2: Investor Presentation Q4 FY23 - March 2023
STYLAM INDUSTRIES LIMITED I N V E S T O R P R E S E N T A T I O N Q 4 F Y 2 3 – M A R C H 2 0 2 3
Slide 3: Table of Contents
Table of Contents 03 CORPORATE OVERVIEW 04 PRODUCT PORTFOLIO 07 INFRASTRUCTURE & PRESENCE 10 MARKETING INITIATIVES 11 CERTIFICATIONS & AWARDS 13 FINANCIAL UPDATES 22 VISION 2025 23 SHAREHOLDERS VALUE CREATION Stylam Industries Limited 2
Slide 4: Corporate Overview
Corporate Overview • Stylam Industries is the one of the fastest growing companies in the high-quality decorative laminates and allied products industry. • We operate Asia’s largest single location laminate manufacturing plant with a diverse product portfolio, catering to a wide range of customer pr
Slide 5: Diversified Product Portfolio (1/3)
Diversified Product Portfolio (1/3) Stylam laminates have set FASCIA brings a unique façade CUBOID - modular restroom and Granex Solid Surfaces is an benchmarks in the past because system, manufactured using locker cubicle systems. The range extremely versatile product - of the unique design range a
Slide 6: Diversified Product Portfolio (2/3)
Diversified Product Portfolio (2/3) CHEMICAL SYNCHRO RESISTANT LAMINATES LAMINATES What makes UNICORE unique is Digital Laminates have just the Stylam Synchro Laminates have Plus Guard Stylam Laminate the identical colour of the features everyone has needed. A the real feel of wood and an provides a
Slide 7: Diversified Product Portfolio - Multiple Applications (3/3)
Diversified Product Portfolio - Multiple Applications (3/3) Stylam Industries Limited 6
Slide 8: Manufacturing Infrastructure: One of the largest in Asia (1/2)
Manufacturing Infrastructure: One of the largest in Asia (1/2) Stylam Industries Limited 7
Slide 9: Manufacturing Infrastructure: State of the Art Facilities (2/2)
Manufacturing Infrastructure: State of the Art Facilities (2/2) • Stylam operates one of the largest single location laminate manufacturing plants in Asia, spread across 44 acres having an annual capacity of 14.3 mn sheets. • We are a Global Pioneer for the ‘Hot Coating Process’ of PU+ Lacquer coati
Slide 10: Strong Global & Domestic Presence
Strong Global & Domestic Presence Well penetrated globally as well as a wide domestic presence Global presence in over 75 countries across Europe, Middle & Far East, the Americas (North and South), Asia, Africa and other geographies; Increasing domestic presence across the country. Stylam Industries
Slide 11: Marketing Initiatives
Marketing Initiatives Stylam Industries Limited 10
Slide 12: Recent Certifications
Recent Certifications • Stylam’s status has been upgraded to “Three Star Export House” from the earlier “Two Star Export House” as per the Foreign Trade Policy provisions. • NSF International, USA recognized and certified Stylam authorizing the Company to bear the NSF mark. • Our Company is certifie
Slide 13: Awards & Recognitions
Awards & Recognitions “Over the last three decades we have strived to achieve our dream which has been a constant endeavor. We aim to improve each day and these recognitions motivate us to aim higher and perform better.” The ISO 9001:2015 certification is a hallmark of integrity, quality and reliabi
Slide 14: Summary Financial Performance (Consolidated)
Summary Financial Performance (Consolidated) (₹ crore) Q1FY23 Q2FY23 Q3FY23 Q4FY23 FY23 Net Revenue 235 246 234 237 952 EBITDA 35 40 39 40 154 PAT 21 24 24 27 96 (₹ crore) Q1FY22 Q2FY22 Q3FY22 Q4FY22 FY22 Net Revenue 131 172 177 180 659 EBITDA 26 24 33 20 104 PAT 14 15 16 17 61 Stylam Industries Lim
Slide 15: Quarterly Sales Performance
Quarterly Sales Performance 235 246 234 237 180 164 151 154 169 111 82 80 86 69 66 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Domestic Exports Figures in ₹ crore unless mentioned otherwise Stylam Industries Limited 14
Slide 16: Profit and Loss (Consolidated)
Profit and Loss (Consolidated) (₹ crore) Q4FY23 Q3FY23 Q4FY22 FY23 FY22 Net Revenue 237 234 180 952 659 Material Consumption 130 131 107 531 376 Contribution 107 103 73 421 284 Contribution Margin (%) 45.1 44.1 40.4 44.2 43.0 Employee Expenses 19 18 14 69 55 Other Expenses 48 46 38 197 125 EBITDA 40
Slide 17: Balance Sheet (Consolidated)
Balance Sheet (Consolidated) ASSETS (₹ crore) FY23 FY22 LIABILITIES (₹ crore) FY23 FY22 Fixed assets 172 179 Equity share capital 8 8 Capital work in progress 13 - Other equity 404 308 Investment in property - - Net Worth 412 316 Other non-current assets 4 4 Long term borrowings* 11 21 Total non-cur
Slide 18: Historical Sales Performance
Historical Sales Performance 952 659 638 462 480 460 421 302 308 332 314 238 158 154 148 0 FY19 FY20 FY21 FY22 FY23 Exports Domestic Figures in ₹ crore unless mentioned otherwise Stylam Industries Limited 17
Slide 19: Margin Profile
Margin Profile 155 20.6% 104 99 17.3% 17.2% 80 80 16.3% 15.5% 15.7% 14.5% 49 46 FY17 FY18 FY19 FY20 FY21 FY22 FY23 EBITDA EBITDA Margin Figures in ₹ crore unless mentioned otherwise Stylam Industries Limited 18
Slide 20: Balance Sheet Transformation
Balance Sheet Transformation 412 316 260 204 186 183 146 187 126 77 112 71 44 21 FY17 FY18 FY19 FY20 FY21 FY22 FY23 Net Worth Net Debt Figures in ₹ crore unless mentioned otherwise Stylam Industries Limited 19
Slide 21: Improving Return Profile
Improving Return Profile 23% 22.31% 21.3% 19.7% 19.3% 17.4% 17.3% 12.7% FY20 FY21 FY22 FY23 RoE RoCE (post-tax) Note – RoE and RoCE for FY20 has been computed without considering exceptional item for better comparison; Stylam Industries Limited 20
Slide 22: Review of Financial Performance (Q4FY23)
Review of Financial Performance (Q4FY23) • Stylam maintained its strong performance in the fourth quarter with sales of INR 237 crore, implying 31.7 % YoY growth. • Sales growth during the quarter was backed primarily by exports, which were INR 151 crore (36.03 % YoY growth). Further, domestic sales
Slide 23: Vision 2023-2025
Vision 2023-2025 • The company has reached about 80% capacity utilization level in the laminates division. We had started modular expansion at the existing facilities that will increase our capacity by up to 40%. This will entail a total Investment of INR 40 Cr. . Board has approved the proposal for
Slide 24: Value Creation for Shareholders
Value Creation for Shareholders • During Q4FY21, the Company completed its sub-division of shares (i.e. share split). 2,013 1,805 • One share with Face Value INR 10 was split into two shares of INR 5 each. • The total outstanding shares of the company increased from 84,74,030 to 1,69,48,060. Q4FY22
Slide 25: Safe Harbor Statement
Safe Harbor Statement This presentation and the accompanying slides (the “Presentation”), which have been prepared by Stylam Industries Limited (the “Company”), have been prepared solely for information purposes and DOES not constitute any offer, recommendation or invitation to purchase or subscribe
Slide 26: Thank You
THANK YOU REGISTERED OFFICE: SCO 14, Sector-7C, Chandigarh Plant 1: Plot No. 191, Industrial Area-1, Panchkula, Haryana Plant 2: Village Manak Tabra, Ramgarh-Raipur Rani Road, Distt. Panchkula, Haryana Website: www.stylam.com