Sunshine Holdings Plc · CSELK:SUN.N0000
Sunshine — 3QFY22 Earnings Presentation
15 slides from Sunshine's earnings presentation, Feb 3, 2022
Slide 1: Earnings Presentation 3QFY22
Earnings Presentation 3QFY22 3rd February 2022
Slide 2: Group Performance
Group Performance
Slide 3: Group at a Glance – 3QFY22
Group at a Glance – 3QFY22 Note: Reported 3QFY21 does not include results of Akbar Pharmaceuticals Ltd (APL) • LKR 8.3bn in Revenue; +28.8% YoY • LKR 1.1bn PAT; +86.0%YoY • PATMI of LKR 611m Revenue - 3QFY22 • Healthcare revenue; LKR 4.4bn; +33.9% YoY FMCG, • Agri revenue; LKR 1.6bn; +92.3% YoY 27.4
Slide 4: Group Financial Highlights
Group Financial Highlights Growth % Adj. vs Adj Growt LKR m 9MFY22 9MFY21 Growth % 9MFY21 9MFY21 3QFY22 3QFY21 h % Revenue 24,109 17,400 38.6% 19,808 21.7% 8,305 6,449 28.8% EBIT 4,451 2,906 53.2% 3,167 40.5% 1,471 939 56.6% EBIT margin 18.5% 16.7% 16.0% 17.7% 14.6% PAT 3,577 1,888 89.5% 2,038 75.5%
Slide 5: 3Q Revenue Growth Trend
3Q Revenue Growth Trend • 5 Year CAGR of 13% 5 Yr CAGR: 13% 9,000 8,305 30% 8,000 29% 22% 25% 7,000 18% 6,449 20% 6,000 5,768 5,235 5,280 15% 5,000 4,425 10% 10% 4,000 5% 3,000 3% 2,000 0% 1,000 -5% -8% - -10% 3QFY17 3QFY18 3QFY19 3QFY20 3QFY21 3QFY22 Revenue Revenue Growth
Slide 6: 3Q Profitability
3Q Profitability 1,200 1,120 16% 13% 14% 1,000 12% 800 9% 9% 9% 9% 9% 10% 602 600 8% 489 501 467 403 6% 400 4% 200 2% - 0% 3QFY17 3QFY18 3QFY19 3QFY20 3QFY21 3QFY22 PAT PAT Margin • Net profit growth of 86.0% YoY driven by the profit contribution of Agri sector stemming from the increase in palm oil
Slide 7: Segment Performance
Segment Performance
Slide 8: Healthcare
Healthcare Growth Adj 3Q 3Q Growt LKR m 9MFY22 9MFY21 % 9MFY21 FY22 FY21 h% Revenue 12,946 9,080 42.6% 10,579 4,400 3,285 33.9% EBIT 1,253 925 35.5% 1,009 493 279 77.0% EBIT margin 9.7% 10.2% 9.5% 11.2% 8.5% PAT 846 593 42.8% 601 339 169 100.2% PAT margin 6.5% 6.5% 5.7% 7.7% 5.2% *9MFY21 adjusted to
Slide 9: Consumer
Consumer Growth Adj. 3Q 3Q Growth LKR m 9MFY22 9MFY21 % 9MFY21 FY22 FY21 % Revenue 6,027 4,937 22.1% 5,847 2,276 2,166 5.1% EBIT 398 420 -5.1% 596 188 208 -9.5% EBIT margin 6.6% 8.5% 10.2% 8.3% 9.6% PAT 231 303 -23.9% 445 121 175 -30.6% PAT margin 3.8% 6.1% 7.6% 5.3% 8.1% *9MFY21 is adjusted to refl
Slide 10: Agri
Agri Growth Growth LKR m 9MFY22 9MFY21 % 3Q FY22 3Q FY21 % Revenue 5,033 2,972 69.4% 1,627 846 92.3% EBIT 2,824 1,497 88.7% 804 394 103.9% EBIT margin 56.1% 50.4% 49.4% 46.6% PAT 2,670 1,263 111.4% 781 346 126.1% PAT margin 53.0% 42.5% 48.0% 40.8% Highlights • Revenue increased by 92.3% YoY mainly d
Slide 11: Additional data for analysts
Additional data for analysts 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q LKR m FY19 FY20 FY20 FY20 FY20 FY21 FY21 FY21 FY21 FY22 FY22 FY22 Revenue 6,006 5,210 5,327 5,280 5,010 4,786 6,164 6,449 6.940 7,348 8.456 8,305 PAT -139 573 660 467 133 553 733 602 650 1,040 1,416 1,120 PATMI -144 333 398 286 96 320
Slide 12: Outlook
Outlook
Slide 13: Outlook for 3Q FY22
Outlook for 3Q FY22 Healthcare Consumer Agri • LKR depreciation to • Drive distribution • Higher palm oil NSA impact margins – synergies in retail • Marginal growth in expected to be offset channels volume expected by recent price • Focus on brands to • Expansion of the herd increase scale domestic
Slide 14: Forward Looking Statements
Forward Looking Statements This presentation contains forward-looking statements that are based on management’s current expectations and assumptions. Forward-looking statements include predictions of future results or activities and may contain the words “expects,” “believes,” “should,” “will,” “ant
Slide 15: Thank you
Thank you For more information, Please visit our Investor Relations page https://www.sunshineholdings.lk/investor/financial-reports