Everest Industries Limited · NSE:EVERESTIND

Everest Industries — Q4 FY2017 Earnings Presentation

22 slides from Everest Industries's earnings presentation, May 2017

  1. Slide 1: Everest Industries Limited Q4 – FY17 Earnings Presentation

    EVEREST INDUSTRIES LIMITED Q4 – FY17 EARNINGS PRESENTATION

  2. Slide 2: Executive Summary

    Executive Summary Company Overview: Everest Industries Limited, incorporated in 1934, has a rich history in manufacturing of Building products and Steel products. Everest offers a complete range of roofing, ceiling, wall, flooring and cladding products distributed through a large network, and also p

  3. Slide 3: Company Overview

    Company Overview • Everest Industries Limited (Everest) has over 8 decades Revenue (INR Mn) and EBITDA Margin (%)* of experience in the business of building products and Income EBITDA margin (%) is also a pioneer of fibre cement products in India. 14,000 12,417 13,263 12% 10,229 11,771 • The company

  4. Slide 4: Key Financial Highlights

    Key Financial Highlights Standalone : Consolidated : Q4-FY17 Financial Performance FY17 Financial Performance • Total Income* : INR 3,255 mn • Total Income* : INR 11,771 mn • EBITDA : INR 301 mn • EBITDA : INR 453 mn • EBITDA Margin : 9.2% • EBITDA Margin : 3.8 % • Net Profit : INR 141 mn • Net Prof

  5. Slide 5: Building Products Performance - Standalone

    Building Products Performance - Standalone Sales (`000 MT) Revenue (INR Mn) PBIT (INR Mn) 190 188 2,200 2,166 235 232 2,150 185 2,100 230 180 2,050 225 2,000 1,945 174 219 175 1,950 220 1,900 170 215 1,850 165 1,800 210 Q4FY16 Q4FY17 Q4FY16 Q4FY17 Q4FY16 Q4FY17 Sales (`000 MT) Revenue (INR Mn) PBIT

  6. Slide 6: Indian Economy in the Last Quarter

    Indian Economy in the Last Quarter  India is expected to emerge as one of the largest construction market by 2020 by adding 11.5 million homes every year.  Despite demonetization related slowdown, International Monetary Fund (IMF) has retained its India growth forecast for FY18 at 7.2 per cent and

  7. Slide 7: Key Operational Highlights – Building Products Segment

    Key Operational Highlights – Building Products Segment  Everest has increased its market share in the most unstable quarter in the FY17. Q4FY17 market share has improved to approximately 15% as compared to 14% last year.  The impact of demonetization is over now and sales have returned to normal.

  8. Slide 8: Way Forward – Building products Segment

    Way Forward – Building products Segment  With the Indian economy returning to normalcy post demonetization and a good harvest season will aid increase in demand for Roofing products.  India Meteorology Department (IMD) forecasts monsoons to be normal which would boost the rural economy and will he

  9. Slide 9: Steel Building Performance - Standalone

    Steel Building Performance - Standalone Sales (`000 MT) Revenue (INR Mn) PBIT (INR Mn) 17 1,300 1,292 39 16 16 1,280 38 16 1,260 38 15 1,240 38 15 1,220 1,206 14 14 37 1,200 37 14 1,180 13 1,160 37 Q4FY16 Q4FY17 Q4FY16 Q4FY17 Q4FY16 Q4FY17 Sales (`000 MT) Revenue (INR Mn) PBIT (INR Mn) 58 5,000 250

  10. Slide 10: Key Operational Highlights & Way Forward – Steel buildings

    Key Operational Highlights & Way Forward –Steel buildings Price/MT Key Operational Highlights  We have worked with our customers to introduce price 55,000 escalation clauses for future contracts in case of significant changes in steel price. 50,000 48,493  Production throughput for FY17 was 43,397

  11. Slide 11: Way forward for Steel buildings

    Way forward for Steel buildings  Company remains committed towards the smarter, safer and speedier construction.  With government plan to develop 200 low-cost airports in Tier-II and Tier-III towns across the country, will help the company to promote its modern Smart Steel Building Technologies. 

  12. Slide 12: Steel Buildings – Major projects handed over in Q4

    Steel Buildings – Major projects handed over in Q4 IL&FS Transportation Network Ltd Patanjali (Tezpur, Assam) Tata Power (Vemagal, Karnataka) (Gurgaon, Haryana) Technip (Dahej, Gujarat) Reliance (Jhajjhar, Haryana)

  13. Slide 13: Q4 & FY17 – Standalone Income Statement (INR Mn)

    Q4 & FY17 – Standalone Income Statement (INR Mn) Particulars Q4-FY17 Q3-FY17 Q-o-Q Q4-FY16 Y-o-Y Particulars FY17 FY16 Y-o-Y Total Income* 3,255 2,534 28.45% 3,389 (3.95)% Total Income* 11,645 13,263 (12.20)% Total Expenses 2,954 2,613 13.05% 3,102 (4.77)% Total Expenses 11,182 12,266 (8.84)% EBITDA

  14. Slide 14: Historical Income Statement – Standalone (INR Mn)

    Historical Income Statement – Standalone (INR Mn) Particulars FY13 FY14 FY15 FY16 FY17 Total Income* 10,229 10,476 12,410 13,263 11,645 Total Expenses 9,163 9,954 11,486 12,266 11,182 EBITDA 1,066 522 924 997 463 EBITDA Margin 10.4% 4.9% 7.5% 7.5% 4.0% Depreciation 221 267 254 256 249 Finance Cost 5

  15. Slide 15: Historical Balance Sheet – Standalone (INR Mn)

    Historical Balance Sheet – Standalone (INR Mn) EQUITIES & LIABILITIES FY14 FY 15 FY16 FY17 ASSETS FY14 FY15 FY16 FY17 Shareholder Funds Non Current Assets Share Capital 152 153 154 154 Tangible Assets 2,692 3,138 3,515 3414 Reserves& Surplus 2,793 3,044 3,321 3,331 (Intangible Assets 126 71 0 0 Tota

  16. Slide 16: FY17 – Consolidated Income Statement (INR Mn)

    FY17 – Consolidated Income Statement (INR Mn) Particulars FY17 FY16 Y-o-Y Total Income* 11,771 13,263 (11.25)% Total Expenses 11,318 12,274 (7.79)% EBITDA 453 989 (54.20)% EBITDA Margin 3.8% 7.5% (370) Bps Depreciation 251 256 (1.95)% Finance Cost 189 228 (17.11)% PBT 13 505 (97.43)% Tax 1 160 (99.3

  17. Slide 17: Historical Income Statement – Consolidated (INR Mn)

    Historical Income Statement – Consolidated (INR Mn) Particulars FY13 FY14 FY15 FY16 FY17 Total Income* 10,229 10,476 12,417 13,263 11,771 Total Expenses 9,163 9,955 11,493 12,274 11,318 EBITDA 1,066 521 924 989 453 EBITDA Margin 10.4% 5.0% 7.4% 7.5% 3.8% Depreciation 221 267 254 256 251 Interest 56

  18. Slide 18: Historical Balance Sheet – Consolidated (INR Mn)

    Historical Balance Sheet – Consolidated (INR Mn) Equity & Liabilities FY14 FY15 FY16 FY17 Assets FY14 FY15 FY16 FY17 Shareholder's Funds Assets Non-Current Assets Share Capital 152 153 154 154 Fixed Assets Reserves and Surplus 2,792 3,042 3,312 3,309 Tangible Assets 2,691 3,138 3,597 3,636 Minority

  19. Slide 19: Financial Performance - Consolidated

    Financial Performance - Consolidated Revenue (INR Mn) and EBITDA Margin (%) PAT (INR Mn) & PAT Margin (%) Net Debt to Equity Ratio (x) 14,000 13,263 12% 600 6% 0.70 0.65 0.67 12,417 525 10,229 11,771 12,000 10% 0.60 10,476 500 5% 0.50 0.48 10,000 0.50 0.47 10% 8% 400 5% 345 4% 342 8,000 0.40 7% 7% 6

  20. Slide 20: Capital Market Information

    Capital Market Information SHARE PRICE PERFORMANCE (31st MARCH, 2017) MARQUEE INSTITUTIONAL INVESTORS (31st MARCH, 2017) 40.0% Everest Sensex 30.0% 20.0% HDFC Mutual Fund 5.85% 10.0% 0.0% ICICI Lombard General Insurance 5.22% -10.0% -20.0% -30.0% Morgan Stanley Asia (Singapore) Pte. 1.03% PRICE DATA

  21. Slide 21: Q4 FY17 Earnings Call Information

    Q3 FY17 Earnings Call Information The earnings call to discuss financial and operational performance for Q4FY17 with Mr. Manish Sanghi, Managing Director and Mr. Nikhil Dujari, CFO will be held on:  Date: Monday, 08 May, 2017  Time: 11.00 AM  Primary Dial-in Numbers: +91 22 3960 0763 21

  22. Slide 22: Disclaimer

    Disclaimer Everest Industries Limited Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions ar

Everest Industries — Q4 FY2017 Earnings Presentation on 6ix