Pearl Global Industries Limited · NSE:PGIL
Pearl Global Industries — Q4 FY24 Earnings Presentation
29 slides from Pearl Global Industries's earnings presentation, May 20, 2024
Slide 1: Pearl Global exchange filing cover letter
PEARL GL~BAL Exceeding Expectations ... Always PGIL/SE/2024-25/0 1 I Date: May 20, 2024 THE GENERAL MANAGER, THE GENERAL MANAGER, DEPARTMENT OF CORPORATE SERVICES - LISTING DEPARTMENT CRD NATIONAL STOCK EXCHANGE OF INDIA BSE LIMITED LTD. 1ST FLOOR, NEW TRADING RlNG "EXCHANGE PLAZA", PLOT NO. C- I ,
Slide 2: Pearl Global Industries Limited Investor Presentation May 2024
Pearl Global Industries Limited Investor Presentation May 2024 1
Slide 3: Safe Harbour
Safe Harbour This presentation has been prepared by and is the sole responsibility of Pearl Global Industries Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitat
Slide 4: Q4 & FY24 Business Highlights
Q4 & FY24 Business Highlights
Slide 5: Message from the Management
Message from the Management Commenting on the Results, Mr. Pulkit Seth, Vice-Chairman & Non-Executive Director, said, “We are pleased to announce our best financial year performance since inception, driven by a 21% year-over-year increase in overseas revenue. Our exceptional results for fiscal year
Slide 6: Business Highlights Q4 & FY24
Business Highlights Q4 & FY24 FY24 Revenue: Rs. 3,436.2 Crs, +8.8% YoY FY24 Adj. EBITDA# stood at Rs. 316.4 crores, +22.5% YoY Q4FY24 Revenue: Rs: 877.4 cr, +20.2% YoY Q4FY24 Adj. EBITDA# stood at Rs. 83.9 crores, +30.8% YoY • Overseas revenue increased by 21% YoY Adj. EBITDA improved in FY24 due to
Slide 7: Regular Dividend Payout
Regular Dividend Payout The Company has finalised Dividend a dividend policy wherein 18.6% 9.7% 15.4% 10.6% 22.5% the Company will declare Payout dividend of at least 20% of the consolidated profit FY20 & FY21 after tax in a given year to Due to impact of Covid-19, 169.1 the shareholders the Company
Slide 8: Consolidated Financial Highlights
Consolidated Financial Highlights
Slide 9: Consolidated Group Performance – FY24
Consolidated Group Performance – FY24 Revenue Adj EBITDA* In Rs. Crs. 9.2% 8.2% 3,436.2 3,158.4 5.2% 316.4 258.2 2,713.5 4.0% 4.1% 1,685.1 1,490.9 140.6 66.9 60.6 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 EBITDA EBITDA Margin(%) Adj PBT# PAT after Minority Interest^ 5.6% 250 7.0 % 5.1% 6.0 %
Slide 10: Consolidated Group Performance – Q4 FY24
Consolidated Group Performance – Q4 FY24 Revenue Adj EBITDA* 9.6% 8.8% 896.0 877.4 730.0 83.9 6.0% 4.4% 518.5 524.8 64.2 2.9% 39.7 31.3 15.1 Q4FY20 Q4FY21 Q4FY22 Q4FY23 Q4FY24 Q4 FY20 Q4 FY21 Q4 FY22 Q4 FY23 Q4 FY24 Adj EBITDA Adj. EBITDA Margin(%) Adj PBT# PAT after Minority Interest^ 6.3% 60 8.0 %
Slide 11: Improved Financial Metrics
Improved Financial Metrics Working Capital Days Inventory Days 66 67 73 63 68 57 59 53 38 30 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Debtor Days Creditor Days 59 60 59 48 49 52 45 39 28 24 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 10
Slide 12: Consolidated Financial Parameters
Consolidated Financial Parameters Networth (Rs. Crs.) Gross Debt (Rs. Crs.) Cash and Bank Balance (Rs. Crs.)^ 817 564 743 285 448 445 254 615 514 530 357 325 144 109 93 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Return on Capital Employed
Slide 13: Consolidated Performance Highlights FY24
Consolidated Performance Highlights FY24 Geographical Revenue Split (Rs in Crs) No. Of Pieces Shipped (Mn pieces) Product wise Split 3,436 3,158 954 56.9 2,714 50.9 1,104 934 58% 59% 55% 63% 70% 1,685 1,491 825 2,482 771 2,055 1,780 42% 41% 45% 37% 860 30% 720 FY20 FY21 FY22 FY23 FY24 FY23 FY24 FY20
Slide 14: Consolidated Financial Statements
Consolidated Financial Statements
Slide 15: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Q4 Q4 FY24 Revenue: Rs. 3,436.2 Crs, up 8.8% YoY Particulars (in Rs. Crs) Y-o-Y Q3FY24 Q-o-Q FY24 FY23 Y-o-Y FY24 FY23 ▪ Overseas Revenue witnessed a growth of 21% YoY Revenue from Operations 877.4 730.0 20.2% 704.0 24.6% 3,436.2 3,158.4 8.8% whereas India reve
Slide 16: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (In Crs) Mar-24 Mar-23 Liabilities (In Crs) Mar-24 Mar-23 Non Current assets Equity Property, Plant and Equipment 369.2 288.2 Equity Share capital 21.8 21.7 Capital work-in-progress 34.9 33.1 Other Equity 780.2 700.8 Investment Property 56.4 57.4 Other Intangible As
Slide 17: Consolidated Cash Flow
Consolidated Cash Flow Particulars (Rs. Crs) Mar-24 Mar-23 Net Profit Before Tax 192.1 175.8 Adjustments for: Non -Cash Items / Other Investment or Financial Items 135.9 67.8 Operating profit before working capital changes 328.0 243.7 Changes in working capital 44.5 157.7 Cash generated from Operati
Slide 18: Standalone Financial Statements
Standalone Financial Statements
Slide 19: Standalone Profit and Loss Statement
Standalone Profit and Loss Statement Profit and Loss (in Rs. Crs) Q4 FY24 Q4 FY23 Y-o-Y Q3 FY24 Q-o-Q FY24 FY23 Y-o-Y Revenue from Operations 320.1 274.6 16.6% 157.6 103.1% 953.7 1,103.8 -13.6% Cost of Goods Solds 144.9 129.2 46.8 415.0 541.9 Gross Profit 175.2 145.4 20.5% 110.8 58.1% 538.6 561.9 -4
Slide 20: Standalone Balance Sheet
Standalone Balance Sheet Assets (In Crs) Mar-24 Mar-23 Liabilities (In Crs) Mar-24 Mar-23 Non Current assets Equity Property, Plant and Equipment 153.4 128.2 Equity Share capital 21.8 21.7 Capital work-in-progress 14.3 6.9 Other Equity 352.3 359.2 Investment Property 56.4 57.4 0.0 0.0 Non Controllin
Slide 21: Standalone Cash Flow
Standalone Cash Flow Particulars (Rs. Crs) FY24 FY23 Net Profit Before Tax 30.5 61.7 Adjustments for: Non -Cash Items / Other Investment or Financial Items 35.3 0.8 Operating profit before working capital changes 65.7 62.5 Changes in working capital 1.4 46.3 Cash generated from Operations 67.2 108.8
Slide 22: Historical Financial Statements
Historical Financial Statements
Slide 23: Historical Consolidated Profit And Loss Statement
Historical Consolidated Profit And Loss Statement Profit and Loss (in Rs. Crs) FY24 FY23 FY22 FY21 FY20 Revenue from Operations 3,436.2 3,158.4 2,713.5 1,490.9 1,685.1 Cost of Goods Solds 1,697.9 1,629.5 1,510.6 768.9 808.3 Gross Profit 1,738.3 1,528.9 1,202.9 722.0 876.8 Gross Profit Margin 50.6% 4
Slide 24: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Assets (In Crs) Mar-24 Mar-23 Mar-22 Mar-21 Mar-20 Liabilities (In Crs) Mar-24 Mar-23 Mar-22 Mar-21 Mar-20 Non Current assets Equity Property, Plant and Equipment 369.2 288.2 258.2 213.8 221.9 Capital work-in-progress 34.9 33.1 15.2 47.0 36.1 Equity Share capita
Slide 25: Consolidated Cash Flow
Consolidated Cash Flow Particulars (Rs. Crs) Mar-24 Mar-23 Mar-22 Mar-21 Mar-20 Net Profit Before Tax 192.1 175.8 85.8 11.4 31.2 Adjustments for: Non -Cash Items / Other Investment or Financial Items 135.9 67.8 76.2 60.8 93.3 Operating profit before working capital changes 328.0 243.7 162.1 72.2 124
Slide 26: Standalone Profit and Loss Statement
Standalone Profit and Loss Statement Profit and Loss (in Rs. Crs) FY24 FY23 FY22 FY21 FY20 Revenue from Operations 953.7 1,103.8 933.8 771.4 825.3 Cost of Goods Solds 415.0 541.9 428.1 473.1 399.6 Gross Profit 538.6 561.9 505.7 298.3 425.7 Gross Profit Margin 56.5% 50.9% 54.2% 38.7% 51.6% Employee C
Slide 27: Standalone Balance Sheet
Standalone Balance Sheet Assets (In Crs) Mar-24 Mar-23 Mar-22 Mar-21 Mar-20 Liabilities (In Crs) Mar-24 Mar-23 Mar-22 Mar-21 Mar-20 Non Current assets Equity Property, Plant and Equipment 153.4 128.2 124.1 128.5 131.7 Equity Share capital 21.8 21.7 21.7 21.7 21.7 Capital work-in-progress 14.3 6.9 0.
Slide 28: Standalone Cash Flow
Standalone Cash Flow Particulars (Rs. Crs) FY24 FY23 FY22 FY21 FY20 Net Profit Before Tax 30.5 61.7 36.1 -9.2 10.9 Adjustments for: Non -Cash Items / Other Investment or Financial Items 35.3 0.8 29.5 42.3 33.7 Operating profit before working capital changes 65.7 62.5 65.6 33.1 44.6 Changes in workin
Slide 29: For further information, please contact
For further information, please contact Company : Investor Relations Advisors : CIN: L74899DL1989PLC036849 CIN: U74140MH2010PTC204285 Mr. Sanjay Gandhi - Group CFO Mr. Karan Thakker / Mr. Rahul Agarwal sanjay.gandhi@pearlglobal.com karan.thakker@sgapl.net / rahul.agarwal@sgapl.net +91 81699 62562 /
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