Asian Granito India Limited · NSE:ASIANTILES
Asian Granito India — FY2024 Earnings Presentation
35 slides from Asian Granito India's earnings presentation, May 23, 2024
Slide 1: Exchange filing cover letter: Investor Presentation
Date: 23rd May, 2024 To, To Corporate Relations Department Corporate Relations Department BSE Limited National Stock Exchange of India Limited 2nd floor, P.J. Tower, Exchange Plaza, Plot No. C/1, G-Block Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai- 400 051 Company Code: 5
Slide 2: Investor Presentation 2024
° | Premium AGL 4aPappa aa. ANNI investor PRESENTATION - 2024
Slide 3: Contents
1 About Asian Granito Contents 2 Financial Performance 3 Overview on Business Segments 4 Business Presence / Customers 5 Brand Visibility 6 Shareholding Pattern 7 Investment Rationale
Slide 4: About Asian Granito - Quality Driven Tiles and Bathware Brand
About Asian Granito - Quality Driven Tiles and Bathware Brand Incorporated in 1995; commenced tiles operations in 2001, Asian Granito is a new age luxury surfaces, bathroom solutions company headquartered at Ahmedabad, Gujarat. 4th Largest Listed INR 1,305 Cr 54.5 Mn Sqm Today, Asian Granito man
Slide 5: Vision Is The Art Of Seeing What Is Invisible To Others
Vision Is The Art Of Seeing What Is Invisible To Others VISION VALUES To become a Global leader in providing INTEGRITY innovative lifestyle solutions to make We are fair and ethical while taking every decision. DISCIPLINE lives more beautiful and to create We create and adhere to a strict code of co
Slide 6: A Journey Full of Evolution and Growth
A Journey Full of Evolution and Growth Established vitrified tiles Listed on Stock Exchanges. Commenced production of Commenced Quartz slab AGL Group was First Plant of Ceramic Floor Tiles facility at Himmatnagar with Introduced India’s largest wall tile composite marble slabs; New production; Launc
Slide 7: Financial Performance
Financial Performance
Slide 8: Q4 & FY24 – Standalone Summarized Financial Performance
Q4 & FY24 – Standalone Summarized Financial Performance Q4FY24 Revenue from Operations (₹ crore) EBIDTA (₹ crore) & EBITDA Margin (%) PAT (₹ crore) & PAT Margin (%) YoY Growth -12% YoY Growth 119% YoY Growth 127% 35 - 33 10% 50 - 44 15% 9% 399 30 45 13% 8% 320 351 40 25 7% -8% 11% 35 6% 9% 20 30 25
Slide 9: Q4 & FY24 – Standalone Profit & Loss
Q4 & FY24 – Standalone Profit & Loss Particulars (₹ crore) Q4FY24 Q4FY23 YoY (%) Q3FY24 QoQ (%) FY24 FY23 YoY (%) Revenue from Operations 350.79 398.59 -12% 320.44 10% 1,305.14 1,353.74 -4% Other Income 11.70 8.15 9.74 41.74 30.99 Total Income 362.48 406.74 -11% 329.98 10% 1,346.88 1,384.73 -3% Expe
Slide 10: FY24 – Standalone Balance Sheet
FY24 – Standalone Balance Sheet Particulars (₹ crore) FY23 FY24 Particulars (₹ crore) FY23 FY24 Assets Equity Equity share capital 126.75 126.75 Fixed Assets 238.35 227.16 Tangible Net worth 1,220.99 1,274.53 Liabilities Other non-current assets 416.79 564.18 Non-current liabilities Inventory 155.61
Slide 11: Q4 & FY24 – Consolidated Summarized Financial Performance
Q4 & FY24 – Consolidated Summarized Financial Performance Q4FY24 Revenue from Operations (₹ crore) EBIDTA (₹ crore) & EBITDA Margin (%) PAT (₹ crore) & PAT Margin (%) YoY Growth -7% YoY Growth 145% YoY Growth 90% 60 456 50 - 44 15% - 48 18% 424 45 50 371 40 5% 10% 16% 14% 35 30 0% 5% 40 -11% 12% 25
Slide 12: Q4 & FY24 – Consolidated Profit & Loss
Q4 & FY24 – Consolidated Profit & Loss Particulars (₹ crore) Q4FY24 Q4FY23 YoY (%) Q3FY24 QoQ (%) FY24 FY23 YoY (%) Revenue from Operations 423.63 455.75 -7% 371.23 14% 1,530.59 1,562.72 -2% Other Income 4.43 3.06 1.28 12.43 16.76 Total Income 428.06 458.82 -7% 372.51 15% 1,543.00 1,579.48 -2% Expen
Slide 13: FY24 – Consolidated Balance Sheet
FY24 – Consolidated Balance Sheet Particulars (₹ crore) FY23 FY24 Particulars (₹ crore) FY23 FY24 Assets Equity Equity share capital 126.75 126.75 Fixed Assets 562.96 767.52 Tangible Net worth 1,277.35 1,279.97 Liabilities Other non-current assets 50.87 35.19 Non-current liabilities Inventory 255.04
Slide 14: Consolidated Exports as Percentage of Sales
CONSOLIDATED EXPORTS AS PERCENTAGE OF SALES 300 17% 18% 16% 90 18% 21% 15% 16% 80 16% 250 13% 14% 246 76 14% 16% 70 226 200 216 12% 60 202 60 11% 10% 54 50 150 8% 40 6% 100 6% 30 4% 20 1% 50 2% 10 - 0% - -4% FY21 FY22 FY23 FY24 Q4FY23 Q3FY24 Q4FY24 Export Sales Export (%) Export Sales Export (%)
Slide 15: FY24 – Key Business, Operational and Financial Result Highlights
FY24 – Key Business, Operational and Financial Result Highlights Operational Performance Financial Performance Business Performance In FY24, revenue from operation decreased by Averagegas cost for FY24 was ₹ 39.40/scm as In FY24, the capacity utilization stood at 56%. 2% to ₹1,531 Cr. compared
Slide 16: Overview on Business Segments
Overview on Business Segments
Slide 17: Ceramic Tiles - Business Overview
Ceramic Tiles - Business Overview Over the years, Asian Granito has created a strong brand recall in the Organized Tiles market Product Basket: AGL Advantage: AGL’S Presence in Tiles 2001 Ceramic Tiles (Wall & Floor) Glazed Vitrified Tiles (GVT) Innovation, reliability, adaptability, Manufacturing
Slide 18: Ceramic Tiles – Operational and Financial Performance
Ceramic Tiles – Operational and Financial Performance Production Volume Data Revenue Break Up Million Sq.Mtr Rs. In Crore 67.41 2.3 1.3 102.98 62.28 3.4 5.1 22.64 Outsourcing 221.84 157.55 2.0 0.9 Q4FY23 Q4FY24 Subsidiary Q4FY23 Q4FY24 Own Manufacturing 323.25 283.88 7.3 8.3 268.04 328.33 11.5 18.0
Slide 19: Ceramic Tiles – Niche Products
Ceramic Tiles – Niche Products STYLEX GRESTEK GRESTEK POLISHED NATURAL SOLAR REFLECTIVE BLAZED VITRIFIED MARBLEX DIGITAL GLAZED VITRIFIED TILES WOODEN PLANKS ROOF TILES TILES VITRIFIED TILES
Slide 20: Marble & Quartz - Business Overview
Marble & Quartz - Business Overview Over the years, Asian Granito has created a strong brand recall in the Organized Marble & Quartz market Product Basket: AGL Advantage: AGL’S Presence in Marble and Quartz 2009 2011 Marble The exceptional durability and scratch resistance of our marble and Marble
Slide 21: Marble & Quartz - Operational and Financial Performance
Marble & Quartz - Operational and Financial Performance Production Volume Data Revenue Break Up Million Sq.Mtr Rs. In Crore 0.1 52.10 3.30 0.2 0.2 Subsidiary 44.87 Q4FY23 Q4FY24 Q4FY23 Q4FY24 Own Manufacturing 0.1 28.11 0.9 194.78 0.7 180.95 FY23 FY24 FY23 FY24
Slide 22: Sanitaryware & Bathware - Business Overview
Sanitaryware & Bathware - Business Overview Product Basket: AGL Advantage: AGL’S Presence in Bathware Oct 2023 Sanitaryware Foray into bathware enabled a strategic diversification of product Manufacturing since Water Closets, Basins, Urinals, Cisterns, portfolio 10 Seat Covers Countries of export
Slide 23: Product Innovation
Product Innovation WORLD’S WHITEST 1st to Introduce 1st to Introduce 1st to Introduce 30 mm 1st to Introduce thickness Quartz stone 1st to Introduce World’s Whitest Cararra World’s 1000x1000mm Grestek XXL Large format with own manufacturing Full Body tiles in India White Double Charge Jumbo Double C
Slide 24: Manufacturing Facilities
Manufacturing Facilities AGL Dalpur Plant (Marble & AGL Dalpur Plant (Wall Tiles) AGL Dalpur Plant (GVT) AGL Idar Plant (Floor Tiles) AGL Dholka Plant (Wall Tiles) Quartz) OWN PLANTS Amazoone Dalpur Plant (Quartz) Crystal Mehsana Plant (GVT) GRESART Morbi Plant (Digital Wall Tile) Future Ceramics Mo
Slide 25: Business Presence / Customers
Business Presence / Customers
Slide 26: Multi-model approach to reach each corner of the country and across the world
Multi-model approach to reach each corner of the country and across the world Dealer Franchise Own Network Network Display Centers Subsidiaries 02 03 04 05 2,700 Dealers 235+ Exclusive and Sub-Dealers Franchise 12 Company Company across 35 states and Partners across Owned Display Owned 14 union terr
Slide 27: Marquee Corporate, Institutional and Projects Clientele
Marquee Corporate, Institutional and Projects Clientele Government Projects Builders Banks Corporates Apparel Hotels Multiplex Eatery Brands
Slide 28: Brand Visibility: Approach, Initiatives and Practice
Brand Visibility: Approach, Initiatives and Practice
Slide 29: Our Brand Ambassador Ranbir Kapoor
Our Brand Ambassador Ranbir Kapoor
Slide 30: Advertisement - Focused and Strategic
Advertisement - Focused and Strategic
Slide 31: Enhancement of Brand Visibility and Global Go-to-Market Expansion
Enhancement of Brand Visibility and Global Go-to- Market Expansion Brand Visibility Enhancement Further Expansion of Domestic Expand International Presence through New Age Means Touch Points through Strategic Planning Expand exclusive showrooms presence Add new dealerships and distribution Exp
Slide 32: Shareholding Pattern
Shareholding Pattern
Slide 33: Shareholding Pattern
Shareholding Pattern NSE Ticker ASIANTILES BSE Ticker 532888 Share Price (₹)^ 57.15 March Market Cap (₹ Mn)^ 7,243 2024 % Free Float^ 70.98% Free float market cap (₹ Mn)^ 5,141 Shares outstanding^ 12,67,45,316 3M ADTV (Shares) 12,30,271 PROMOTER 29.02% 3M ADTV (₹ Mn) 82.72 Public 70.98% Industry Cer
Slide 34: Investment Rationale
Investment Rationale The Company’s success lies in its state-of-the-art manufacturing units equipped with advanced technology, high-end State-of-the-art machinery, and cutting-edge testing equipment from Italy, China, India and beyond. The facilities are multipurpose, manufacturing: providing the fl
Slide 35: Contact us
Contact us ARPIT MUNDRA & KRISHNA PATEL | EY IR ASIAN GRANITO INDIA LIMITED E: arpit.mundra@in.ey.com (ISIN: INE022I01019; NSE: ASIANTILES; BSE: 532888) E: krishna.Patel2@in.ey.com REGISTERED & CORPORATE OFFICE: Mehul Shah | Chief Financial Officer 202 Dev Arc, Opposite Iskon Temple, E: cfo@aglasian