S H Kelkar And Company Ltd · NSE:SHK
S H Kelkar And — Q4 FY2019 Earnings Presentation
19 slides from S H Kelkar And's earnings presentation, May 23, 2019
Slide 1: Cover letter to stock exchanges on earnings presentation submission
Keva, May 23, 2019 To To The Manager The Manager The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P. J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai — 400 001 Bandra (East), Mumbai — 400 051 Scrip Code: 5
Slide 2: S H Kelkar and Company Limited Q4 & FY19 Earnings Presentation
Crafting Sensorial Delight S H Kelkar and Company Limited Largest Indian-origin Fragrance & Flavour Company Q4 & FY19 Earnings Presentation May 23, 2019
Slide 3: Disclaimer
Disclaimer Certain statements and opinions with respect to the anticipated future performance of SHK in the presentation (“forward-looking statements”), which reflect various assumptions concerning the strategies, objectives and anticipated results may or may not prove to be correct. Such forward-lo
Slide 4: Q4 & FY19 Results Overview
Crafting Sensorial Delight Q4 & FY19 Results Overview
Slide 5: Management Comment
Management Commenting on the performance, Mr. Kedar Vaze, Whole Time Director & CEO at SH Kelkar and Company Ltd. said: Comment “This has been a challenging fiscal for us as we witnessed multiple macro-headwinds that impacted our performance in certain customer categories. Despite these broader mark
Slide 6: Consolidated Summarized P&L Statement
Consolidated Summarized P&L Statement Y-o-Y Y-o-Y Particulars (Rs. crore) Q4 FY19 Q4 FY18 FY19 FY18 Change (%) Change (%) Revenues from Operations (Sales 268.6 282.7 -5% 1,041.2 1,019.3 2% excluding Excise & GST) Other Operating Income 0.3 1.1 -72% 2.5 1.8 40% Total Operating Income 268.9 283.9 -5%
Slide 7: Key Developments
Key Developments Established a Creation and Development Center (CDC) in Singapore to sharpen focus on certain categories and strengthen foothold in South East Asian markets In addition to this centre, SHK operates three other CDC in India, Netherlands and Indonesia wherein new products are constan
Slide 8: FY2019 Financial and Operational Discussions (Y-o-Y)
FY2019 Financial and Operational Discussions (Y-o-Y) Revenues from operations stood at Rs. 1,041.2 crore as against Rs. 1,019.3 crore, higher by 2% YoY In FY19, the demand environment witnessed a slowdown across the fragrance and flavours divisions led by multiple macro-headwinds that impacted per
Slide 9: Fragrance Division
Fragrance Division Net Revenue & Operating Profit 130 Fragrance division delivered a steady topline 140 growth of 3% in FY19 – domestic revenues were 33 lower by 2% led by a slowdown in the demand 27 environment in certain customer categories 255 934 242 907 Overseas revenues marked a healthy gr
Slide 10: Flavour Division
Flavour Division Net Revenue & Operating Profit 21 15 Flavour division reported subdued performance during the period with a decline in domestic 4 5 revenues 113 107 Overseas segment continued to report healthy 28 sales during FY19 27 Operating profit was at Rs. 15 crore with margins Q4FY18 Q4
Slide 11: Consolidated Balance Sheet
Consolidated Balance Sheet As at 31st March As at 31st March As at 31st March As at 31st March Particulars (Rs. Crore) Particulars (Rs. Crore) 2019 (Audited) 2018 (Audited) 2019 (Audited) 2018 (Audited) EQUITY AND LIABILITIES ASSETS Equity Non-current assets Equity share capital 144.6 144.6 Property
Slide 12: Balance Sheet Snapshot – As on March 31, 2019
Balance Sheet Snapshot – As on March 31, 2019 Networth Fixed Assets Cash & Investments Net Debt 11 Note: Figures in Rs. crore
Slide 13: Cash Flow Snapshot
Cash Flow Snapshot Particulars (Rs. crore) FY14 FY15 FY16 FY17 FY18 FY19 Cash flow from Operations 32.1 61.7 86.4 102.3 103.3 40.7 Cash flow from investing activities -63.7 -17.3 -22.4 -96.0 -220.6 -109.5 Net -31.6 44.4 64.0 6.3 -117.3 -68.7 Note: Cash and cash equivalent includes investments in mut
Slide 14: Robust Historical Financial Trend
Robust Historical Financial Trend (to update) Total Operating Income EBITDA 189 1,048 177 981 1,025 160 160 925 835 132 EBITDA Margin 15.8% 17.1% 17.9% 18.0% 14.9% FY15 FY16 FY17 FY18 FY19 FY15 FY16 FY17 FY18 FY19 PAT Return on Net Worth & Return on Capital 105 Employed (%) 93 88 RONW ROCE 73 64 22.
Slide 15: Key Financial Ratios
Key Financial Ratios Particulars (Rs. crore) FY15 FY16 FY17 FY18 FY19 EBITDA margin (%) 15.8 17.1 17.9 18.0 14.9 PAT Margin (%) 7.7 7.8 10.6 8.8 8.2 Debt to Equity 0.5 0.1 0.1 0.2 0.4 Return on Networth (%) 13.5 13.9 14.3 13.8 12.0 Return on Capital Employed (%) 17.6 21.0 22.7 20.2 13.5 Note: 1. Ret
Slide 16: Annexure
Crafting Sensorial Delight Annexure
Slide 17: Conference Call Details
Conference Call Details S H Kelkar and Company Ltd.’s Q4 & FY19 Earnings Conference Call Time • 11.00 AM IST on Monday, May 27, 2019 Primary dial-in number • +91 22 6280 1141 • +91 22 7115 8042 India Local access Number • +91 70456 71221 (Available all over India) • Hong Kong: 800 964 448 Internatio
Slide 18: About Us
About Us S H Kelkar and Company Limited (SHK) is the largest Indian-origin Fragrance & For further information please contact: Flavour Company in India. It has a long standing reputation in the fragrance industry developed in 94 years of experience. Its fragrance products and ingredients are used as
Slide 19: Thank You
Crafting Sensorial Delight Thank You
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