Shankara Building Products Ltd. · NSE:SHANKARA
Shankara Building Products — Q3 FY2024 Earnings Presentation
18 slides from Shankara Building Products's earnings presentation, Feb 13, 2024
Slide 1: Stock exchange cover letter for investor presentation
AA AA Shon#kora° Bui Id in g Products Limited Date: 13 February, 2024 To To To To Department of Corporate services Listing Department BSE Limited National Stock Exchange of India Limited 1 1 Floor, New Trading Ring, Exchange Plaza, Plot No. C-1, Rotunda Building, Phiroze Jeejeebhoy G Block, Sandra K
Slide 2: Investor Presentation Q3 & 9M FY2024
Shanlkara Building Products Ltd. Investor - Presentation Q3 & 9M FY2024 • • February 13, 2024 ,I
Slide 3: Disclaimer
Disclaimer Shanlkoro Building Products Ltd. The statements contained in this document speak only as at the date as of which they are made and certain statements made in this presentation relating to the Company’s objectives, projections, outlook, expectations, estimates, among others may constitute
Slide 4: Business Highlights
Business Highlights Shanlkoro Building Products Ltd. Demerger of Building Materials Marketplace and Manufacturing ▪ Approved by the board in Dec-23 and filed with Stock Exchanges in Jan-24 ▪ To create two separate focused listed entities in building materials marketplace and manufacturing ▪ Sharehol
Slide 5: Financial Highlights
h Financial Highlights Shonkoro " Building Products Ltd. Revenue EBITDA PAT 9M FY24 3,452 111 57 +22% YoY +25% YoY +30% YoY EBITDA Margin 3.2% PAT Margin 1.6% Q3 FY24 1,177 40 21 +9% YoY +23% YoY +31% YoY EBITDA Margin 3.4% PAT Margin 1.8% Figures in Rs. Crore B~ilasro """"P Bu,M:lmg Ma1<�1al, �nd 4
Slide 6: Business momentum continues, while diversifying building materials portfolio
Business momentum continues, while diversifying building materials portfolio Shanlkoro Building Products Ltd. Revenue (Rs. Crore) Profitability (Rs. Crore) ■ EBITDA ■ PAT +35% CAGR +31% CAGR 3.2% 140 .00 5.0 % 1.6% 120 .00 4.0 % 100 .00 3.0 % 80. 00 57 2.0 % 3,452 60. 00 44 111 2,820 89 [] 1.0 % 19
Slide 7: Strategically aimed at growing value-added portfolio aggressively
Strategically aimed at growing value-added portfolio aggressively Shanlkoro Building Products Ltd. Steel Products Non-Steel Products SKUs 1,00,000+ Revenue (Rs. Crore) 3,667 Brands 125+ 3,118 362 334 Product Categories 75+ FY21 FY22 FY23 9MFY23 9MFY24 FY21 FY22 FY23 9MFY23 9MFY24 Significant runaway
Slide 8: Strategic steps taken towards improving value-added portfolio
Strategic steps taken towards improving value-added portfolio Shanlkora Building Products Ltd. ❑ Fotia Ceramica, our private label, is a strategic expansion in the tile segment ❑ Strengthening our premium range with addition of brands like ❑ After successful ramp up in Kerala, Fotia is expanding in
Slide 9: Building a dominant position in South, while expanding into other regions
Building a dominant position in South, while expanding into other regions Shanlkoro Building Products Ltd. Warehouses 10/1 5% 4% 8t ■ Karnataka ■ Tamil Nadu ■ Kerala ■ Maharashtra Processing Units States/UT 7% 9M ■ Telangana 52% BuildPro Store FY24 ■ Andhra Pradesh 45 11% ■ Madhya Pradesh ■ Gujarat
Slide 10: Improvement in both retail and non-retail segment
…with improvement in both retail and non-retail segment Shanlkoro Building Products Ltd. Change Revenue (Rs. Crore) EBITDA (Rs. Crore) Retail Parameters 9M FY24 9M FY23 YoY ■ Steel ■ Non-Steel Retail Stores (No.) 91 91 - 1,847 110 6% Retail 1,561 90 5% 4% 70 3% 50 87 100 2% Retail Area (lakh sq ft)
Slide 11: On-ground execution driven by a strong network of fulfillment centers
On-ground execution driven by a strong network of fulfillment centers Shanlkora Building Products Ltd. 125 13 91 21 Fulfillment Centers 13.2 lakh sq ft >> Processing Units 3.6 lakh sq ft + Retail Stores 4.6 lakh sq ft + Warehouses 5.0 lakh sq ft Processing Units Vishal Precision Steel Centurywells R
Slide 12: Omnichannel presence becoming a key enabler for future growth
Omnichannel presence becoming a key enabler for future growth Shgnlkorg g Products Ltd Online Discovery of Wide Range of Products Anytime, Anywhere >>> Offline Push through our Fulfillment Centers ... @ Bui dr I 0 Build within Budget porarnountirhone tar rest th Bui4pro experts ares .= e B~t, i pro
Slide 13: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Shanlkoro Building Products Ltd. Change Change Particulars (Rs Crore) Q3 FY24 Q3 FY23 9M FY24 9M FY23 YoY YoY Revenue from Operations 1,177 1,080 9% 3,452 2,820 22% Other Income 2 4 (50%) 3 7 (59%) Cost of Materials Consumed 1,108 1,024 8% 3,254 2,659 22% Employe
Slide 14: Demerger Update
Demerger Update Creating two distinct focused entities B~ilasro morep Shonk«oro Building Materials and Bui Id ing Products Ltd.
Slide 15: Demerger to create two separate entities, marketplace and manufacturing
Demerger to create two separate entities, focused on building materials marketplace and manufacturing respectively Shanlkora Building Products Ltd. ~~ilaioro P Building Materials and more Shanlkara Building Products Ltd. Building Materials Marketplace (with its omnichannel Post segregation, Shankara
Slide 16: Proforma Balance Sheet Split (As on September 30, 2023)
Proforma Balance Sheet Split (As on September 30, 2023) Shanlkoro Building Products Ltd. Current Post-demerger* Overall Building Materials Manufacturing Marketplace Total Equity 673 281 392 Net Debt (External) 103 98 5 Capital Employed 785 375 409 Net Block 269 34 235 Working Capital 463 383 81 B~il
Slide 17: Implementation Timeline
Implementation Timeline Shanlkoro Building Products Ltd. Estimated Timeline for the demerger: 10-14 months from Board Approval date Dec-23 Q4 FY2024 FY2025 Board Approval Filing of Application with Stock Exchanges NOC from SEBI Filing with NCLT Shareholders/ Creditors meeting NCLT Approval RoC Intim
Slide 18: Thank You
Thank You Scan the QR to experience the Bil Shankara Building Products Limited CIN: L26922KA1995PLC018990 Mr. Alex Varghese, Chief Financial Officer ir@shankarabuildpro.com www.shankarabuildpro.com Android iOS Bilaioro P Shanlkara Building Materials and more Bui Id in g Products Ltd.
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