Kiri Industries Limited · NSE:KIRIINDUS
Kiri Industries — Q1 FY2023 Earnings Presentation
21 slides from Kiri Industries's earnings presentation, Aug 13, 2022
Slide 1: Intimation of Conference Call and Q1-FY23 Earnings Presentation
Kiri Industries Limited f:a*'.^- fr.U 4 C"U,"^*..... August 13,2022 To, To, BSE Limited National Stock Exchange of India Limited Phiroze |eejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai- 400001 Bandra (E), Mumbai - 400 051 Scrip Code: 532967 Scrip ID - KIRIINDUS Dear Sir
Slide 2: Earnings Con-call Invite
Earnings Con-call Invite VALOREM ADVISORS is pleased to invite you for a Conference Call to discuss Q1-FY23 earnings of Kiri Industries Limited on Tuesday 16th August, 2022 at 11:00 am (IST) Kiri Industries Limited’s Management will be represented by: Mr. Manish Kiri - Managing Director Mr. Jayesh H
Slide 3: Q1-FY23 Earnings Presentation
Q1-FY23|EARNINGS PRESENTATION
Slide 4: Company Overview
Company Overview Consolidated Revenue Break-up (INR Mn) 6,339 6,499 3,801 8,650 6,607 5,792 1,334 1,434 • Established in 1998, Kiri Industries Limited (KIL), is based out of Gujarat and has emerged as one of FY20 FY21 FY22 Q1-FY23 the largest manufacturers and exporters of a wide range of Dyes, Dyes
Slide 5: About DyStar
About DyStar • The DyStar Group is a leading dyestuff and chemical manufacturer and solution provider, offering a broad portfolio of colorants, specialty chemicals, and services to customers across the globe. • With a heritage of more than a century in product development and innovation for the text
Slide 6: History
History 1995 2002 2007 2012 2016 DyStar was founded in 1995 as a FOUNDATION ACQUISITION: ACQUISITION: FOUNDATION: ACQUISITION: JOINT Color Texanlab Sustainable Emerald joint venture between Hoechst AG VENTURE OF: Solutions Textile Performance and Bayer Textile Dyes. In 2000, the Bayer AG and Interna
Slide 7: Financial Highlights
Financial Highlights Q1-FY23 Financial Highlights (Consolidated) Q1-FY23 Financial Highlights (Standalone) Operational Operational EBITDA* EBITDA Margin* EBITDA EBITDA Margin Revenue Revenue INR (85) Mn NA INR (318) Mn NA INR 2,767 Mn INR 1,714 Mn Net Profit* PAT Margin* Diluted EPS Net Profit PAT M
Slide 8: Q1-FY23 Operational Highlights
Q1-FY23 Operational Highlights Consolidated: Dyes and Dyes Intermediates Industry experienced sluggish demand and unprecedented increase in input cost including raw material, power, gas & fuel during the last two financial years, with demands at rock bottom levels in Q1FY23, which was worst in aroun
Slide 9: Update on DyStar court case in Singapore
Update on DyStar court case in Singapore The Singapore Supreme Court vide order dated 6 July, 2022 has overturned two appeal points of Kiri, and remanded the matter back to Singapore International Commercial Court (SICC) to given an effect to the decisions and to determine the quantum of notional li
Slide 10: Q1-FY23 Financial Highlights
Q1-FY23 FINANCIAL HIGHLIGHTS 8
Slide 11: Q1-FY23 Standalone Income Statement
Q1-FY23 Standalone Income Statement PARTICULARS (INR Mn) Q1-FY23 Q1-FY22 Y-o-Y Q4-FY22 Q-o-Q Revenue from Operations 1,714 1,995 (14.1)% 3,282 (47.8)% Total Expenses 2,032 2,032 NA 3,220 (36.9)% EBITDA (318) (37) NA 62 NA EBITDA Margins (%) NA NA NA 1.89% NA Other Income 151 4 NA 6 NA Depreciation 1
Slide 12: Q1-FY23 Consolidated Income Statement
Q1-FY23 Consolidated Income Statement PARTICULARS (INR Mn) Q1-FY23 Q1-FY22 Y-o-Y Q4-FY22 Q-o-Q Revenue from Operations 2,767 2,928 (5.5)% 4,169 (33.6)% Total Expenses 2,852 2,727 4.6% 3,920 (27.2)% EBITDA (85) 201 NA 249 NA EBITDA Margins (%) NA 6.86% NA 5.97% NA Other Income 1 4 (75.0)% 5 (80.0)% D
Slide 13: Historical Financials
Kiri Industries Limited Fienre fall of Colonie HISTORICAL FINANCIALS
Slide 14: Historical Standalone Income Statement
Historical Standalone Income Statement PARTICULARS (INR Mn) FY20 FY21 FY22 Q1-FY23 Revenue from Operations 9,690 6,892 11,368 1,714 Total Expenses 8,729 6,901 11,054 2,032 EBITDA 961 (9) 314 (318) EBITDA Margins (%) 9.92% NA 2.76% NA Other Income 41 20 18 151 Depreciation 366 390 436 109 Finance Cos
Slide 15: Standalone Balance Sheet
Standalone Balance Sheet PARTICULARS (INR Mn) FY20 FY21 FY22 PARTICULARS (INR Mn) FY20 FY21 FY22 Equity 6,730 6,346 6,250 Non Current Assets 7,665 8,098 8,117 Equity Share Capital 336 336 518 a) Property, Plant and Equipment 4,635 5,189 5,062 Other Equity 6,394 6,010 5,732 b) Other Intangible assets
Slide 16: Historical Consolidated Income Statement
Historical Consolidated Income Statement PARTICULARS (INR Mn) FY20 FY21 FY22 Q1-FY23 Revenue from Operations 13,054 9,570 14,969 2,767 Total Expenses 11,193 8,744 13,756 2,852 EBITDA 1,861 826 1,213 (85) EBITDA Margins (%) 14.26% 8.63% 8.10% NA Other Income 53 22 20 1 Depreciation 444 461 502 122 Fi
Slide 17: Consolidated Balance Sheet
Consolidated Balance Sheet PARTICULARS (INR Mn) FY20 FY21 FY22 PARTICULARS (INR Mn) FY20 FY21 FY22 Equity 19,334 21,844 25,726 Non Current Assets 18,919 21,580 24,949 Equity Share Capital 336 336 518 a) Property, Plant and Equipment 5,062 5,591 5,430 Other Equity 18,998 21,508 25,208 b) Other Intang
Slide 18: Consolidated Financial Highlights
Consolidated Financial Highlights Operational Revenue (INR Mn) EBITDA (INR Mn)* & PAT (INR Mn)* & PAT Margins (%)* EBITDA Margins (%)* 1,861 1,157 14,969 13,054 1,213 9,570 826 529 14.26% 218 8.63% 8.10% 3.53% 2,767 8.86% 2.28% FY20 FY21 FY22 Q1-FY23 FY20 FY21 FY22 Q1-FY23 -3.07% -9.54% FY20 FY21 FY
Slide 19: Capital Markets
Capital Markets Stock Market Performance (as on 30th June, 2022) 30% 20% 10% 0% -10% -20% -30% -40% Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Kiri Industries Ltd. Sensex Price Data (As on 30th June, 2022) INR Shareholding Pattern (As on 30th June, 2022) Face
Slide 20: Disclaimer
Disclaimer Kiri Industries Limited Disclaimer: The information contained in this presentation is only current as of its date. All actions and statements made herein or otherwise shall be subject to the applicable laws and regulations as amended from time to time. There is no representation that all
Slide 21: Thank You
Kiri Industries Limited Fienre fall of Colonie THANK YOU