Lucky Cement Ltd. · PSX:LUCK
Lucky Cement — FY2024 Earnings Presentation
15 slides from Lucky Cement's earnings presentation, Aug 16, 2024
Slide 1: Analyst Briefing FY24
Analyst Briefing FY24 16th August 2024
Slide 2: Group Overview
Group Overview Building Material Automobile Electronics Chemicals, Agri Science, Animal Health, Pharma, Nutrition Power Analyst Lucky Briefing Cement – FY 2024 Limited (for PSXAudit |Internal Website) Department 2
Slide 3: Key Messages
Key Messages Volumetric dispatches increased Pre-tax Operating performance by 16.5%, in FY24 mainly due to increased significantly by 53%, to increase in exports PKR 28.9B in FY24 COD of 28.8 MW wind energy project at Lucky Cement pursued KP is expected in 1Q FY25. Post diversification through Natio
Slide 4: Industry Volumes & Market Share FY24
Industry Volumes & Market Share FY24 Analyst Lucky Briefing Cement – FY 2024 Limited (for PSXAudit |Internal Website) Department 4
Slide 5: Sales Volumes & Market Share - Domestic
Sales Volumes & Market Share - Domestic The domestic sales of the company increased by 3% to reach 6.4 MT in FY24 During FY24, the domestic market share of the company clocked in at 18.7% vs. 16.5% in the SPLY Local Sales Volumes (in MT) Market Share 84.5% 83.3% 40.0 38.2 33.8 31.8 15.5% 16.7% 6.2 6
Slide 6: Sales Volumes & Market Share - Exports
Sales Volumes & Market Share - Exports The export sales volumes of the company increased by 87.9% to reach 2.2MT in FY24. The increased in exports was attributable to increased viability on the back of falling coal prices During FY24, the export market share of the company remained stable to 30.9% c
Slide 7: Standalone Key Figures FY24
Standalone Key Figures FY24 Analyst Lucky Briefing Cement – FY 2024 Limited (for PSXAudit |Internal Website) Department 7
Slide 8: Total Sales PKR 115.3bn
Gross Profit Other Income 38.8bn FY24 16.6bn FY24 26.1bn FY23 +49% 6.05bn FY23 +174% Operating Profit Total Sales 28.8bn FY24 PKR 115.3bn 18.9bn FY23 +53% +20% EBITDA Profit After Tax 35.0bn FY24 28.1bn FY24 24.2bn FY23 +44% 13.7bn FY23 +105% Lucky Cement Analyst Limited Briefing |Internal – FY 2024
Slide 9: Consolidated Key Figures FY24
Consolidated Key Figures FY24 Analyst Lucky Briefing Cement – FY 2024 Limited (for PSXAudit |Internal Website) Department 9
Slide 10: Key Figures
Key Figures Consolidated: FY24 vs FY23 All numbers in PKR billion except EPS REVENUE EBITDA PAT EPS (RS) 411.0 72.3 220.5 117.8 59.5 94.0 153.0 6.7% 25.3% 21.5% 44.1% 385.1 FY23 FY24 FY23 FY24 FY23 FY24 FY23 FY24 Analyst Briefing – FY 2024 (for PSX Website)
Slide 11: Outlook FY25
Outlook FY25 Analyst Lucky Briefing Cement – FY 2024 Limited (for PSXAudit |Internal Website) Department 11
Slide 12: Outlook: Cement and Chemical
Outlook Pakistan's FY25 budget tackles rising circular debt and a low tax-to-GDP ratio with SOE privatization, tax reforms, and increased infrastructure spending. A staff level agreement for $7 billion IMF deal aims to stabilize the economy, and recent interest rate cuts signal potential growth. Pol
Slide 13: Outlook: Auto & Mobile Assembly, Power
Outlook PSDP could be a catalyst for cement demand. Additionally, recent inflation trends showing a decline have led to positive real interest rates for the first time in three years, suggesting the potential for a near-term interest rate cut. A decline in rates would support positive business growt
Slide 14: Q & A
Q&A Analyst Lucky Briefing Cement – FY 2024 Limited (for PSXAudit |Internal Website) Department 14
Slide 15: Disclaimer
Disclaimer This presentation has been prepared by Lucky Cement Limited solely for information purposes. No representation or warranty express or implied is made thereto, and no reliance should be placed on, the fairness, accuracy, sufficiency, completeness or correctness of the information or any op