Amreli Steels Ltd. · PSX:ASTL
Amreli Steels — Q1 FY2017 Earnings Presentation
13 slides from Amreli Steels's earnings presentation, November 2016
Slide 1: Analysts' Briefing Financial Results - First Quarter ended September 30, 2016
Pakistan’s Largest-Selling Brand of Steel bars Analysts’ Briefing Financial Results - First Quarter ended September 30, 2016 _____________________________________________ Entity rating of Amreli Steels Short term A1 and Long term A Assigned by PACRA 1
Slide 2: Profit & Loss Account – With variance
Pakistan’s Largest-Selling Brand of Steel bars Profit & Loss Account – With variance 2
Slide 3: Profit & Loss Account with total variance
Pakistan’s Largest-Selling Brand of Steel bars Profit & Loss Account with total variance AMRELI STEELS LIMITED PROFIT AND LOSS ACCOUNT FOR THE PERIOD ENDED SEP 30, 2016 Variance Up to September 30, Up to September Description Amount % 2016 30, 2015 -----------------Rupees--------------- SALES - net
Slide 4: Sales variance
Pakistan’s Largest-Selling Brand of Steel bars Sales variance Sales September 30, 2016 September 30, 2015 Amount % Manufactured Goods -Bars 2,524,030,090 3,431,321,071 (907,290,981) -26% Manufactured Goods -Billets 158,477,820 - 158,477,820 100% Trading Stock 531,121,283 - 531,121,283 100% Export Sa
Slide 5: Gross profit variance
Pakistan’s Largest-Selling Brand of Steel bars Gross profit variance Type Goods sold Rs. ASL Re-bars Sales - Rebars 2,528,887,002 Cost of sales 2,086,731,810 Gross Profit 442,155,192 GP% 17.5% ASL Billets Sales - Billets 158,477,820 Cost of sales 152,044,759 Gross Profit 6,433,061 GP% 4% Sales - Tra
Slide 6: Quantitative variance
Pakistan’s Largest-Selling Brand of Steel bars Quantitative variance 6
Slide 7: Comparative Quantities
Pakistan’s Largest-Selling Brand of Steel bars Comparative Quantities Quantities - First Quarter 2016 vs. 2015 50,000 45,000 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 - Billets produced Rebars produced Rebars sold Trading rebars sold Total Rebars sold Billets sold First Quarter July - S
Slide 8: Variance drivers
Pakistan’s Largest-Selling Brand of Steel bars Variance drivers 8
Slide 9: Variance drivers
Pakistan’s Largest-Selling Brand of Steel bars Variance drivers • ASL’s rebar prices came down by Rs. 12,629 per ton resulting in decline in revenue of Rs. 453 million which was 50% of total sales variance of Sale Price variance Rs. 902 million on sale of ASL’s rebars. • ASL’s rebar sale quantity de
Slide 10: Guidance and outlook – 2nd Quarter FY 17
Pakistan’s Largest-Selling Brand of Steel bars Guidance and outlook – 2nd Quarter FY 17 10
Slide 11: Guidance & Outlook
Pakistan’s Largest-Selling Brand of Steel bars Guidance & Outlook
Slide 12: Expansion at Dhabeji
Pakistan’s Largest-Selling Brand of Steel bars Expansion at Dhabeji 12
Slide 13: Expansion at Dhabeji
Pakistan’s Largest-Selling Brand of Steel bars Expansion at Dhabeji Cold commissioning July 2017 Commercial operation September 2017