Dhabriya Polywood Ltd · BSE:DHABRIYA
Dhabriya Polywood — Q4 FY24 Earnings Presentation
40 slides from Dhabriya Polywood's earnings presentation, May 2024
Slide 1: Provide A Better World To Live By Saving Trees
Provide A Better World To Live By Saving Trees DHABRIYA POLYWOOD LIMITED
Slide 2: Disclaimer
DISCLAIMER The information in this presentation has been prepared for use in presentations by Dhabriya Polywood Limited for information purposes only and does not constitute, or should be regarded as, or form part of any offer, invitation, inducement or advertisement to sell or issue, or any solicit
Slide 3: Q4FY24 Operational Performance
Q4FY24 Operational Performance
Slide 4: Strong Growth with Margin Improvements
Strong Growth with Margin Improvements Revenue EBITDA PAT Margins Profile +8.5% +17.8% +33.9% 5,477.7 Q4FY24 870.9 406.4 5,047.6 EBITDA PAT 650.4 345.0 15.9% 7.4% +302 Bps +59 Bps Q4 FY23 Q4 FY24 Q4 FY23 Q4 FY24 Q4 FY23 Q4 FY24 Revenue EBITDA PAT Margins Profile +23.6 +68.4% +65.9% 1,408.2 FY24 21,1
Slide 5: Consolidated Segmental Performance
Consolidated Segmental Performance PVC Profiles UPVC Windows Modular Furniture +2.1% +14.5% +23.4% Q4FY24 3,078.4 1,411.8 3,014.6 987.5 1,232.9 800.1 Q4 FY23 Q4 FY24 Q4 FY23 Q4 FY24 Q4 FY23 Q4 FY24 PVC Profiles UPVC Windows Modular Furniture +9.3% +41.9% +66.8% 12,241.1 5,440.9 3,481.4 FY24 11,195.6
Slide 6: Consolidated Income Statement
Consolidated Income Statement Particulars (Rs. Lacs) Q4 FY24 Q4 FY23 Y-o-Y Q3 FY24 Q-o-Q FY24 FY23 Y-o-Y Revenue from Operations 5,477.7 5,047.6 8.5% 5,201.6 5.3% 21163.3 17117.2 23.6% Total Raw Material 2,781.2 3,047.0 2,656.3 11681.9 10731.0 Gross Profit 2,696.5 2,000.7 34.8% 2,545.2 5.9% 9,481.4
Slide 7: Consolidated Balance Sheet
Consolidated Balance Sheet ASSETS (Rs. Lacs.) Mar-23 Mar-24 EQUITY AND LIABILITIES ( (Rs. Lacs) Mar-23 Mar-24 Non ‐ Current Assets (a) Equity share capital 1,082.4 1,082.4 Property, plant and equipment 6,091.6 6,934.0 (b) Other equity 5,801.7 7,153.0 Capital work‐in‐progress 7.4 507.2 Total Equity 6
Slide 8: Historical Financial Performance
Historical Financial Performance
Slide 9: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (Rs. Lacs) FY21 FY22 FY23 FY24 Revenue from Operations 10,643.5 13,364.0 17,117.2 21,163.3 Total Raw Material 6,054.2 8,456.7 10,731.0 11,681.9 Gross Profit 4,589.3 4,907.3 6,386.2 9,481.4 Gross Profit Margin (%) 43.1% 36.7% 37.3% 44.8% Employee E
Slide 10: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet ASSETS (Rs. Lacs.) Mar-21 Mar-22 Mar-23 Mar-24 EQUITY AND LIABILITIES ( (Rs. Lacs) Mar-21 Mar-22 Mar-23 Mar-24 Non ‐ Current Assets (a) Equity share capital 1,082.4 1,082.4 1,082.4 1,082.4 Property, plant and equipment 4,127.8 4,367.1 6,091.6 6,934.0 (b) Other e
Slide 11: Revenue Bifurcation Segment wise
Revenue Bifurcation Segment wise FY21 FY22 FY23 FY24 16% 9% 12% 16% 24% 23% 22% 26% 58% 62% 65% 67% PVC Profiles (Polywood) UPVC Windows (Polywood) Modular Furniture(Dynasty) Investor Presentation – Q4FY24 11
Slide 12: Exponential Growth In Revenue & Profitability
Exponential Growth In Revenue & Profitability Rs.in Lacs Revenue from Operations EBITDA EBITDA MARGIN 21,163.3 3,101.2 14.7% 12.7% 17,117.2 10.3% 10.8% 13,364.0 1,842.0 10,643.5 1,346.9 1,371.1 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 PAT PAT MARGIN 6.7% 1408.2 5.0% 4.2% 848.8 3.8
Slide 13: Key Ratios On Sustainable Financial Growth
Key Ratios On Sustainable Financial Growth Rs.in Lacs WORKING CAPITAL NET WORTH RoCE (%) TURNOVER RATIO 18.9% 8235.4 7.2 6884.1 6025.3 5.2 12.9% 5505.8 11.2% 4.4 10.4% 3.9 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 Investor Presentation – Q4FY24 13
Slide 14: Company Overview
Company Overview
Slide 15: Company Overview & Business Highlights
Company Overview & Business Highlights Dhabriya Polywood 5 500+ 3 50Lac + Limited, reputed name in Million Sq. Ft Manufacturing Units Channel Partners uPVC Doors & Delighted Customers manufacturing of products for a wide range Windows of Building Interior & Exterior applications. Continuous focus on
Slide 16: About The Company
About The Company ➢ Company incorporated in 1992 under the brand name ’Polywood’. ➢ Strong reputation in building interior & exterior applications. ➢ 3 subsidiaries: 1. Dynasty Modular Furnitures Pvt Ltd (Jaipur) for modular furniture manufacturing. 2. Polywood profiles pvt ltd (Coimbatore) for PVC
Slide 17: Our Leadership
Our Leadership Mr. Mahendra Karnawat WholeTime Director. • He holds Master degree in Commerce from MDS University. • He have 25+ years of experience. • He takes care of procurement, production & logistics. • He heads Marketing Affairs for Extruded PVC profiles Mr. Shreyansh Dhabriya Whole Time Direc
Slide 18: Corporate Structure
Corporate Structure Dhabriya Polywood Limited Polywood Profiles Pvt Ltd Polywood Green Building Systems Dynasty Modular Furnitures Pvt Pvt Ltd Ltd Investor Presentation – Q4FY24 18
Slide 19: Dhabriya's Diversified Product Portfolio
Dhabriya’s Diversified Product Portfolio
Slide 20: Diversified Product Portfolio
Diversified Product Portfolio 20+ Solutions • PVC Profiles • Marble Sheets & Mouldings • Modular Kitchen & • Doors & Furniture • Wall Claddings & False Wardrobes • Wall Paneling & ceilings Exclusive False Ceilings • Pillars • Institutional Furniture Designs • Furniture • UPVC Doors & Windows • Offic
Slide 21: Pioneers In Revolutionary Fluted Panel Products
Pioneers In Revolutionary Fluted Panel Products • Dhabriya Polywood is the among first Indian companies to introduce PVC fluted panels for manufacturing in India. • Products applications in outdoor & indoor wall ceiling and paneling without paint or surface finish. • Product features: • Long Life •
Slide 22: Extensive Distribution Network
Extensive Distribution Network Product Type /Segment Company Brand North West South East Total PVC Profile / Dstona DPL Polywood / Dstona 204 87 7 147 445 PVC Profile - South PPPL Polywood 0 0 260 0 260 Furniture Dynasty Dynasty 160 11 10 4 185 uPVC Windows DPL Polywood Not Applicable as same is dir
Slide 23: Strong Processes To Ensure Efficient Product Delivery
Strong Processes To Ensure Efficient Product Delivery ORDER ORDER PLACED IN QUALITY PRODUCTION PRODUCTION INSPECTION CONFIRMATION QUEUE Real Time Order Management system in place to track movement from order placement to delivery QUALITY DELIVERY STOCK IN PACKAGING ASSURANCE IN-HOUSE • Team responsi
Slide 24: State of Art Production Facility
State of Art Production Facility Location Owned By Activity Area (Sq.Ft) Malviya DHABRIYA PVC/uPVC Profile, Industrial Area, POLYWOOD Sheets & Molding 75,015 Jaipur LIMITED Extrusion Plant DHABRIYA uPVC / Aluminium Sitapura Industrial POLYWOOD Winodws & Doors Area, Jaipur 1,97,536 LIMITED Manufactur
Slide 25: State of Art Manufacturing Facilities
State of Art Manufacturing Facilities Investor Presentation – Q4FY24 25
Slide 26: State of Art Manufacturing Facilities
State of Art Manufacturing Facilities Investor Presentation – Q4FY24 26
Slide 27: Committed To Deliver The Excellence
Committed To Deliver The Excellence Knowledge Project Estimation Site Visit Consultation & Order Sharing Confirmation Post Installation Hassle Free Logistics Production Support Installation Investor Presentation – Q4FY24 27
Slide 28: Key Milestones
Key Milestones National Award- 2008 for Developed & Outstanding Quality Products Manufacturing Unit launched PVC Fluted by GOI, Ministry of Micro of Modular Panels. Shifted our Manufacturing Small and Medium Furniture Products Coimbatore uPVC (fabrication) of Enterprises New Plant for established &
Slide 29: Widespread Customer Reach Across Varied Industries
Widespread Customer Reach Across Varied Industries Investor Presentation – Q4FY24 29
Slide 30: Industry Overview
Industry Overview Indian Real Estate Sector: UPVC Windows and Doors: Indian Plastic/PVC Industry: • Projected Growth: Expected to reach US$1 • Market Growth: Witnessed exceptional • Leading Sector: Indian plastic industry trillion by 2030, contributing 13% to growth driven by urbanization, smart cit
Slide 31: Executed Projects
Executed Projects Investor Presentation – Q4FY24 31
Slide 32: Executed Projects
Executed Projects Investor Presentation – Q4FY24 32
Slide 33: Executed Projects
Executed Projects Investor Presentation – Q4FY24 33
Slide 34: Competitive Strengths
Competitive Strengths Brand Recall & Clientele Quality Management Infrastructure & Well established Brands & System Production Capacity recognized in its range of products. Adheres to stringent quality Boasts a wide geographical Notable clientele includes DLF, standards, ensuring that all its presen
Slide 35: Certifications & Associations
Certifications & Associations Associated with UPVC Window and Door Manufacturers associations window profile systems from Germany Polywood is a authorized Polywood is an authorized member of UWDMA window fabricator of Kommerling profile systems. Associated with Aluminum window profile systems from G
Slide 36: Awards & Recognitions
Awards & Recognitions Received “top hr leader” in Rajasthan, 2018 in the “13th employer branding awards” – 27th June 2018. Received “certificate of excellence” awards in the “best employer 2017 awards” competition – Jan 2019. The best GenNext leader at business rankers award. Certificate of excellen
Slide 37: Sustainability Initiatives
Sustainability Initiatives Company was founded All products serve as Prioritizes innovation and technology to Sustainability with the mission of "save alternatives to wood, provide high-quality, environmentally Initiatives trees" and is committed to promoting sustainability. reducing the demand for
Slide 38: Strategies For Marketing & Business Expansion
Strategies For Marketing & Business Expansion Product Line Product Category Strategy • Building wide range of PVC Fluted Panels & patenting those designs. Extrusion • Aggressively expanding the sales team to increase market spread across PAN India Fluted Panels (Polywood) • Manufacturing of PVC/uPVC
Slide 39: Way Ahead
Way Ahead Company Has targeted to grow 25% Y-o-Y in future for next 4 Years With increased margins every year through operational efficiencies, New product launches & increasing geographical presence with substantial increase in ROCE. Investor Presentation – Q4FY24 39
Slide 40: Thank You
Thank You DHABRIYA POLYWOOD LIMITED Investor Relations Advisors : X-B4 Advisory LLP Ms. Rasika Sawant |+91 95944 57518 | rasika@x-b4.com