Kiri Industries Limited · NSE:KIRIINDUS
Kiri Industries — Q1 FY2022 Earnings Presentation
21 slides from Kiri Industries's earnings presentation, Aug 10, 2021
Slide 1: Kiri Industries Limited
CD Kiri Industries Limited August 10, 2021 ( 't:J£ 0{- C5' ( ~ .7,.- .7,.- " olcu ~ ,... To, To, BSE Limited National Stock Exchange of Indi a Limited 1st Floor, Rotunda Building, Exchange Plaza, Bandra Kurla Complex, B.S. Marg, Fort, Mumbai - 400 001 Bandra (E), Mumbai - 400 051 Scrip Code: 532967
Slide 2: Q1-FY22 Earnings Presentation
Q1-FY22|EARNINGS PRESENTATION
Slide 3: Company Overview
Company Overview Consolidated Revenue Break-up (INR Mn) 6,625 4,629 6,499 4,879 3,801 7,378 6,489 7,340 6,607 5,792 1,557 1,375 • Established in 1998, Kiri Industries Limited (KIL), is based out of Gujarat and has emerged as one of FY17 FY18 FY19 FY20 FY21 Q1-FY22 the largest manufacturers and expor
Slide 4: 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 5: 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 6: Financial Highlights
Financial Highlights Q1-FY22 Financial Highlights (Consolidated) Q1-FY22 Financial Highlights (Standalone) Operational Operational EBITDA EBITDA Margin EBITDA EBITDA Margin Revenue Revenue INR 201 Mn 6.86% INR (37) Mn NA INR 2,928 Mn INR 1,995 Mn Net Profit PAT Margin Diluted EPS Net Profit PAT Marg
Slide 7: Q1-FY22 Standalone Operational Highlights
Q1-FY22 Standalone Operational Highlights Standalone: In Q1-FY22, the standalone financial performance of the company was negatively impacted, due to the second wave of Covid-19 Pandemic. Domestic sales got impacted because of partial lockdowns within the country, resulting in a Sales decline of 27.
Slide 8: Q1-FY22 Consolidated Operational Highlights
Q1-FY22 Consolidated Operational Highlights In Q1-FY22, Kiri Industries Limited (Kiri) had a Consolidated Turnover of INR 292.78 Crore, up 169 percent year on year, and a Consolidated Total Comprehensive Income of INR 90.56 Crore, up 257 percent year on year. Consolidated EBITDA is 59 % lower in Q1-
Slide 9: Update on Dystar court case in Singapore
Update on Dystar court case in Singapore Kiri Industries Limited (Kiri) has been awarded valuation of US$ 481.60 Million for its 37.57% stake in DyStar Global Holdings Pte Ltd (DGH) on June 21, 2021, by Singapore International Commercial Court (SICC) which has been crystalized based on the financial
Slide 10: Q1-FY22 Financial Highlights
Q1-FY22 FINANCIAL HIGHLIGHTS 9
Slide 11: Q1-FY22 Standalone Income Statement
Q1-FY22 Standalone Income Statement PARTICULARS (INR Mn) Q1-FY22 Q1-FY21 Y-o-Y Q4-FY21 Q-o-Q Revenue from Operations 1,995 685 191.2% 2,752 (27.5)% Total Expenses 2,032 893 127.5% 2,495 (18.6)% EBITDA (37) (208) NA 257 NA EBITDA Margin(%) NA NA NA 9.34% NA Other Income 4 6 (33.3)% 3 33.3% Depreciati
Slide 12: Q1-FY22 Consolidated Income Statement
Q1-FY22 Consolidated Income Statement PARTICULARS (INR Mn) Q1-FY22 Q1-FY21 Y-o-Y Q4-FY21 Q-o-Q Revenue from Operations 2,928 1,088 169.1% 3,629 (19.3)% Total Expenses 2,727 1,142 138.8% 3,139 (13.1)% EBITDA 201 (54) NA 490 (59.0)% EBITDA Margin 6.86% NA NA 13.50% (664) Bps Other Income 4 6 (33.3)% 5
Slide 13: Historical Financials
Kiri Industries Limited Fienre fall of Colors HISTORICAL FINANCIALS
Slide 14: Historical Standalone Income Statement
Historical Standalone Income Statement PARTICULARS (INR Mn) FY19 FY20 FY21 Q1-FY22 Revenue from Operations 10,619 9,690 6,892 1,995 Total Expenses 9,055 8,729 6,901 2,032 EBITDA 1,564 961 (9) (37) EBITDA Margin 14.73% 9.92% NA NA Other Income 28 41 20 4 Depreciation 285 366 390 109 Finance Cost 44 4
Slide 15: Standalone Balance Sheet
Standalone Balance Sheet PARTICULARS (INR Mn) FY20 FY21 PARTICULARS (INR Mn) FY20 FY21 Equity 6,730 6,346 Non Current Assets 7,665 8,094 Equity Share Capital 336 a) Property, Plant and Equipment 4,635 5,189 336 b) Other Intangible assets - - Other Equity 6,394 6,010 c) Capital Work In Progress 767 5
Slide 16: Historical Consolidated Income Statement
Historical Consolidated Income Statement PARTICULARS (INR Mn) FY19 FY20 FY21 Q1-FY22 Revenue from Operations 13,938 13,054 9,570 2,928 Total Expenses 11,628 11,193 8,744 2,727 EBITDA 2,310 1,861 826 201 EBITDA Margin (%) 16.57% 14.26% 8.63% 6.86% Other Income 27 53 22 4 Depreciation 376 444 461 127
Slide 17: Consolidated Balance Sheet
Consolidated Balance Sheet PARTICULARS (INR Mn) FY20 FY21 PARTICULARS (INR Mn) FY20 FY21 Equity 19,334 21,844 Non Current Assets 18,919 21,575 Equity Share Capital 336 336 a) Property, Plant and Equipment 5,062 5,591 Other Equity 18,998 21,508 b) Other Intangible assets 56 42 c) Capital Work In Prog
Slide 18: Consolidated Financial Highlights
Consolidated Financial Highlights Operational Revenue (INR Mn) EBITDA (INR Mn) & PAT (INR Mn) & PAT Margins (%) EBITDA Margins (%) 13,938 15.94% 16.57% 1,576 13,054 14.26% 11,983 11,352 13.27% 2,310 1,267 1,095 1,157 9,570 1,810 1,861 8.63% 1,590 2.28% 826 9.14% 11.16% 11.31% 8.86% 218 FY17 FY18 FY1
Slide 19: Capital Markets
Capital Markets Share Price Data as on 30th June, 2021 Kiri Sensex 60% 50% 40% 30% 20% 10% 0% -10% -20% Jul/20 Aug/20 Sep/20 Oct/20 Nov/20 Dec/20 Jan/21 Feb/21 Mar/21 Apr/21 May/21 Jun/21 Price Data (30th June, 2021) INR Shareholding Pattern as on 30th June, 2021 Face Value 10.0 Market Price 590.4 P
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 Colors THANK YOU