Pearl Global Industries Limited · NSE:PGIL
Pearl Global Industries — Q2 FY25 Earnings Presentation
29 slides from Pearl Global Industries's earnings presentation, Nov 12, 2024
Slide 1: Stock exchange filing cover letter
PGIL/SE/2024-25/71 Date: November 12, 2024 THE GENERAL MANAGER, THE GENERAL MANAGER, DEPARTMENT OF CORPORATE SERVICES - CRD LISTING DEPARTMENT BSE LIMITED NATIONAL STOCK EXCHANGE OF INDIA LTD. 1ST FLOOR, NEW TRADING RING “EXCHANGE PLAZA”, PLOT NO. C- 1, ROTUNDA BUILDING, P. J. TOWERS G- BLOCK, BANDR
Slide 2: Pearl Global Industries Limited Investor Presentation
Pearl Global Industries Limited Investor Presentation November-2024
Slide 3: Safe Harbour
Safe Harbour This presentation has been prepared by and is the sole responsibility of Pearl Global Industries Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitat
Slide 4: Q2 & H1 FY25 Business Highlights
Q2 & H1 FY25 Business Highlights
Slide 5: Message from Management
Message from Management Commenting on the Results, Mr. Pulkit Seth, Vice-Chairman & Non-Executive Director, said , "We are pleased to announce that growth momentum continued through Q2 and the first half of FY25, achieving our highest-ever half- yearly consolidated performance and setting a new benc
Slide 6: Business Highlights Q2 & H1 FY25
Business Highlights Q2 & H1 FY25 H1 FY25 Revenue: Rs. 2,254.7 crore, up 21.6% YoY H1 FY25 & Q2 FY25 Adj. EBITDA Margin stood at Q2 FY25 Revenue: Rs. 1,201.9 crore, up 25.1% YoY 8.8% respectively H1 FY25 Adj EBITDA: Rs. 199.2 crore, up 21.6% YoY Q2 FY25 Adj EBITDA: Rs. 98.8 crore, up 24.4% YoY • Reve
Slide 7: Regular Dividend Payouts
Regular Dividend Payouts Dividend 18.6% 9.7% 15.4% 10.6% 22.5% 19.5% Payout FY20 & FY21 Due to impact of Covid-19, the 169.1 The Company has finalized a Company has restrained from 153.0 dividend policy wherein the giving dividend to maintain Company will declare dividend of liquidity position at le
Slide 8: Consolidated Financial Highlights
Consolidated Financial Highlights
Slide 9: Consolidated Group Performance – H1 FY25
Consolidated Group Performance – H1 FY25 In Rs. Crore REVENUE Adj EBIDTA* 8.8% 8.8% 2,254.7 7.0% 1,854.8 199.2 1,711.4 5.2% 163.9 1,117.5 3.2% 119.6 606.0 58.1 19.6 H1 FY21 H1 FY22 H1 FY23 H1 FY24 H1 FY25 H1 FY21 H1 FY22 H1 FY23 H1 FY24 H1 FY25 EBITDA EBITDA Margin(%) Adj PBT# PAT after Minority Int
Slide 10: Consolidated Group Performance – Q2 FY25
Consolidated Group Performance – Q2 FY25 In Rs. Crore REVENUE Adj EBIDTA* 8.3% 8.2% 1,201.9 6.8% 5.9% 6.1% 960.6 860.3 98.8 681.3 79.4 450.7 52.5 39.9 30.7 Q2 FY21 Q2 FY22 Q2 FY23 Q2 FY24 Q2 FY25 Q2 FY21 Q2 FY22 Q2 FY23 Q2 FY24 Q2 FY25 Adj EBITDA Adj. EBITDA Margin(%) Adj PBT# PAT after Minority Int
Slide 11: Working Capital Cycle
Working Capital Cycle Working Capital Days Inventory Days 67 73 63 68 59 53 46 38 37 30 FY21 FY22 FY23 FY24 H1 FY25* FY21 FY22 FY23 FY24 H1 FY25* Debtor Days Creditor Days 59 60 59 52 49 49 45 40 28 24 FY21 FY22 FY23 FY24 H1 FY25* FY21 FY22 FY23 FY24 H1 FY25* Ratios are calculated on sales 10 *H1 FY
Slide 12: Consolidated Financial Parameters
Consolidated Financial Parameters In Rs. Crore Networth Cash and Bank Balance^ 1,074 337 817 285 743 254 615 530 144 109 Mar-21 Mar-22 Mar-23 Mar-24 Sep-24 Mar-21 Mar-22 Mar-23 Mar-24 Sep-24 Gross Debt Net Debt/EBITDA (x) 564 3.43 498 2.95 448 445 325 0.60 0.25 0.28 Mar-21 Mar-22 Mar-23 Mar-24 Sep-2
Slide 13: Consolidated Performance Highlights – H1 FY25
Consolidated Performance Highlights – H1 FY25 Geographical Revenue (Export) Split No of Pieces Shipped (Mn Pieces) Product wise Split (Value) (In Rs. Crore) 36.0 3,436 3,158 27.3 954 2,714 59% 55% 1,104 63% 70% 69% 2,255 934 563 1,491 2,482 771 2,055 1,780 1,692 45% 37% 41% 30% 31% 720 FY21 FY22 FY2
Slide 14: Consolidated Financial Statements
Consolidated Financial Statements
Slide 15: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Particulars (In Rs. Crore) Q2 FY25 Q2FY24 Y-o-Y Q1 FY25 Q-o-Q H1 FY25 H1 FY24 Y-o-Y Revenue from Operations 1,201.9 960.6 25.1% 1,052.8 14.2% 2,254.7 1,854.8 21.6% Cost of Goods Sold 669.6 532.2 547.4 1,217.1 984.9 COMMENTS Gross Profit 532.3 428.4 24.3% 505.4
Slide 16: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (In Rs. Crore) Sep-24 Mar-24 Liabilities (In Rs. Crore) Sep-24 Mar-24 Non Current assets Equity Property, Plant and Equipment 383.5 369.2 22.9 21.8 Equity Share capital Capital work-in-progress 39.9 34.9 Other Equity 1,040.2 780.2 Investment Property 56.1 56.4 Non C
Slide 17: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Particulars (In Rs. Crore) H1 FY25 H1 FY24 Net Profit Before Tax 135.8 103.1 Adjustments for: Non -Cash Items / Other Investment or Financial Items 61.8 65.9 Operating profit before working capital changes 197.6 169.0 Changes in working capital -131.3 162.8 Cash gene
Slide 18: Standalone Financial Statements
Standalone Financial Statements
Slide 19: Standalone Profit and Loss Statement
Standalone Profit and Loss Statement Profit and Loss (In Rs. Crore) Q2 FY25 Q2 FY24 Y-o-Y Q1 FY25 Q-o-Q H1 FY25 H1 FY24 Y-o-Y COMMENTS Revenue from Operations 287.1 218.5 31.4% 276.2 3.9% 563.2 476.0 18.3% Cost of Goods Sold 147.8 105.1 125.6 273.4 223.4 H1 FY25 Revenue: Rs. 563.2 crore, up 18.3% Yo
Slide 20: Standalone Balance Sheet
Standalone Balance Sheet Assets (In Rs. Crore) Sep-24 Mar-24 Liabilities (In Rs. Crore) Sep-24 Mar-24 Non Current assets Equity Property, Plant and Equipment 158.6 153.4 Equity Share capital 22.9 21.8 Capital work-in-progress 0.5 14.3 Investment Property 56.1 56.4 Other Equity 535.7 352.3 Other Inta
Slide 21: Standalone Cash Flow Statement
Standalone Cash Flow Statement Particulars (In Rs. Crore) H1 FY25 H1 FY24 Net Profit Before Tax 28.8 16.7 Adjustments for: Non -Cash Items / Other Investment or Financial Items -2.7 18.4 Operating profit before working capital changes 26.1 35.1 Changes in working capital -5.6 72.8 Cash generated fro
Slide 22: Historical Financial Statements
Historical Financial Statements
Slide 23: Historical Consolidated Profit And Loss Statement
Historical Consolidated Profit And Loss Statement Profit and Loss (In Rs. Crore) FY24 FY23 FY22 FY21 FY20 Revenue from Operations 3,436.2 3,158.4 2,713.5 1,490.9 1,685.1 Cost of Goods Sold 1,697.9 1,629.5 1,510.6 768.9 808.3 Gross Profit 1,738.3 1,528.9 1,202.9 722.0 876.8 Gross Profit Margin 50.6%
Slide 24: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Assets (In Rs. Crore) Mar-24 Mar-23 Mar-22 Mar-21 Mar-20 Liabilities (In Rs. Crore) Mar-24 Mar-23 Mar-22 Mar-21 Mar-20 Non-Current assets Equity Property, Plant and Equipment 369.2 288.2 258.2 213.8 221.9 Capital work-in-progress 34.9 33.1 15.2 47.0 36.1 Equity
Slide 25: Consolidated Cash Flow
Consolidated Cash Flow Particulars (In Rs. Crore) FY24 FY23 FY22 FY21 FY20 Net Profit Before Tax 192.1 175.8 85.8 11.4 31.2 Adjustments for: Non -Cash Items / Other Investment or Financial Items 135.9 67.8 76.2 60.8 93.3 Operating profit before working capital changes 328.0 243.7 162.1 72.2 124.5 Ch
Slide 26: Standalone Profit and Loss Statement
Standalone Profit and Loss Statement Profit and Loss (In Rs. Crore) FY24 FY23 FY22 FY21 FY20 Revenue from Operations 953.7 1,103.8 933.8 771.4 825.3 Cost of Goods Sold 415.0 541.9 428.1 473.1 399.6 Gross Profit 538.6 561.9 505.7 298.3 425.7 Gross Profit Margin 56.5% 50.9% 54.2% 38.7% 51.6% Employee
Slide 27: Standalone Balance Sheet
Standalone Balance Sheet Assets (In Rs. Crore) Mar-24 Mar-23 Mar-22 Mar-21 Mar-20 Liabilities (In Rs. Crore) Mar-24 Mar-23 Mar-22 Mar-21 Mar-20 Non Current assets Equity Property, Plant and Equipment 153.4 128.2 124.1 128.5 131.7 Equity Share capital 21.8 21.7 21.7 21.7 21.7 Capital work-in-progress
Slide 28: Standalone Cash Flow
Standalone Cash Flow Particulars (In Rs. Crore) FY24 FY23 FY22 FY21 FY20 Net Profit Before Tax 30.5 61.7 36.1 -9.2 10.9 Adjustments for: Non -Cash Items / Other Investment or Financial Items 35.3 0.8 29.5 42.3 33.7 Operating profit before working capital changes 65.7 62.5 65.6 33.1 44.6 Changes in w
Slide 29: For further information, please contact
For further information, please contact Company: Investor Relations Advisors: CIN: L74899DL1989PLC036849 CIN: U74140MH2010PTC204285 Mr. Sanjay Gandhi - Group CFO sanjay.gandhi@pearlglobal.com Mr. Karan Thakker / Mr. Rahul Agarwal karan.thakker@sgapl.net rahul.agarwal@sgapl.net sanjay.gandhi@pearlglo
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