Kiri Industries Limited · NSE:KIRIINDUS
Kiri Industries — Q1 FY2025 Earnings Presentation
20 slides from Kiri Industries's earnings presentation, Aug 12, 2024
Slide 1: Submission of Earnings Presentation for Q1-FY25 to stock exchanges
August 12, 2024 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai- 400 001 Bandra (E), Mumbai - 400 051 Scrip Code: 532967 Scrip ID - KIRIINDUS Dear Sir/Madam, Sub: Submission of Earnings Presentation fo
Slide 2: Q1-FY25 Earnings Presentation
Q1-FY25|EARNINGS PRESENTATION
Slide 3: Company Overview
Company Overview Consolidated Revenue Break-up (INR Mn) 6,339 4,098 4,014 8,650 5,386 5,565 1,133 1,532 • Established in 1998, Kiri Industries Limited (KIL), is based out of Gujarat and has emerged as one of FY22 FY23 FY24 Q1-FY25 the largest manufacturers and exporters of a wide range of Dyes, Dyes
Slide 4: About DyStar
About DyStar • The DyStar Group is a leading dyestuff and chemical manufacturer and solution provider, offering a broad portfolio of colorants, specialty chemicals, and services to customers across the globe. • With a heritage of more than a century in product development and innovation for the text
Slide 5: History
History 1995 2002 2007 2012 2016 DyStar was founded in 1995 as a FOUNDATION ACQUISITION: ACQUISITION: FOUNDATION: ACQUISITION: JOINT Color Texanlab Sustainable Emerald joint venture between Hoechst AG VENTURE OF: Solutions Textile Performance and Bayer Textile Dyes. In 2000, the Bayer AG and Interna
Slide 6: Q1-FY25 Financial Highlights
Q1-FY25 Financial Highlights Q1-FY25 Financial Highlights (Consolidated) Q1-FY25 Financial Highlights (Standalone) Operational Operational EBITDA* EBITDA Margin* EBITDA EBITDA Margin Revenue Revenue INR 168 Mn 6.33% INR (5) Mn (0.30)% INR 2,652 Mn INR 1,680 Mn Net Profit* PAT Margin* Diluted EPS Net
Slide 7: Q1-FY25 Operational Highlights
Q1-FY25 Operational Highlights Consolidated: • The consolidated revenues have increased by around 17% on a Y-o-Y basis while EBITDA has increased by almost 6 times on a Y-o-Y basis. • The Operational Expenses have reduced mainly on account of a proportionate reduction of revenue and reduction in leg
Slide 8: Update on DyStar court case in Singapore
Update on DyStar court case in Singapore Currently, Matthew Stuart Becker, Mr. Lim Loo Khoon, and Mr. Tan Wei Cheong of Deloitte & Touche LLP are appointed as joint and several receivers (collectively, the “Receivers") over the Shares of DyStar which includes managing and controlling the Shares to t
Slide 9: Q1-FY25 Financial Highlights
Q1-FY25 FINANCIAL HIGHLIGHTS 8
Slide 10: Q1-FY25 Standalone Income Statement
Q1-FY25 Standalone Income Statement PARTICULARS (INR Mn) Q1-FY25 Q1-FY24 Y-o-Y Q4-FY24 Q-o-Q Revenue from Operations 1,680 1,415 18.7% 1,998 (15.9)% Total Expenses 1,685 1,539 9.5% 2,104 (19.9)% EBITDA (5) (124) (96.0)% (106) (95.3)% EBITDA Margins (%) NA NA NA NA NA Other Income 141 251 (43.8)% 29
Slide 11: Q1-FY25 Consolidated Income Statement
Q1-FY25 Consolidated Income Statement PARTICULARS (INR Mn) Q1-FY25 Q1-FY24 Y-o-Y Q4-FY24 Q-o-Q Revenue from Operations 2,652 2,273 16.7% 2,691 (1.4)% Total Expenses 2,484 2,256 10.1% 2,640 (5.9)% EBITDA 168 17 NA 51 NA EBITDA Margins (%) 6.33% 0.75% 558 Bps 1.90% 443 Bps Other Income 13 14 (7.1)% 58
Slide 12: Historical Financials
Kiri Industries Limited Fienre fall of Colors HISTORICAL FINANCIALS
Slide 13: Historical Standalone Income Statement
Historical Standalone Income Statement PARTICULARS (INR Mn) FY22 FY23 FY24 Q1-FY25 Revenue from Operations 11,368 6,015 6,334 1,680 Total Expenses 11,054 7,106 6,967 1,685 EBITDA 314 (1,091) (633) (5) EBITDA Margins (%) 2.76% NA NA NA Other Income 18 234 366 141 Depreciation 436 441 442 110 Finance
Slide 14: Standalone Balance Sheet
Standalone Balance Sheet PARTICULARS (INR Mn) FY22 FY23 FY24 PARTICULARS (INR Mn) FY22 FY23 FY24 Equity 6,250 4,913 3,971 Non Current Assets 8,117 7,726 7,391 Equity Share Capital 518 518 518 a) Property, Plant and Equipment 5,062 4,736 4,369 Other Equity 5,732 4,395 3,453 b) Right of Use Asset - 3
Slide 15: Historical Consolidated Income Statement
Historical Consolidated Income Statement PARTICULARS (INR Mn) FY22 FY23 FY24 Q1-FY25 Revenue from Operations 14,969 9,451 9,492 2,652 Total Expenses 13,756 9,825 9,614 2,484 EBITDA 1,213 (374) (122) 168 EBITDA Margins (%) 8.10% NA NA 6.33% Other Income 20 33 87 13 Depreciation 502 489 486 117 Financ
Slide 16: Consolidated Balance Sheet
Consolidated Balance Sheet PARTICULARS (INR Mn) FY22 FY23 FY24 PARTICULARS (INR Mn) FY22 FY23 FY24 Equity 25,726 26,793 28,117 Non Current Assets 24,949 26,681 28,522 Equity Share Capital 518 518 518 a) Property, Plant and Equipment 5,430 5,081 4,695 Other Equity 25,208 26,275 27,599 b) Right of Use
Slide 17: Consolidated Financial Highlights
Consolidated Financial Highlights Operational Revenue (INR Mn) EBITDA (INR Mn)* &EBITDA Margins PAT (INR Mn)* & PAT Margins (%)* 14,969 1,213 9,451 9,492 529 6.33% 3.53% -0.87% 8.10% 168 2,652 FY22 FY23 FY24 Q1-FY25 FY22 FY23 FY24 Q1-FY25 -9.26% -23 -11.11% -3.96% -1.29% -1,050 -879 -374 -122 FY22 F
Slide 18: Capital Market Data
Capital Market Data Share Price up to 30th June, 2024 60% 40% 20% 0% -20% Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Kiri Sensex Price Data (As on 30th June, 2024) INR Shareholding Pattern (As on 30th June, 2024) Face Value 10.00 Market Price 325.70 Public Pr
Slide 19: Disclaimer
Disclaimer Kiri Industries Limited Disclaimer: The information contained in this presentation is only current as of its date. All actions and statements made herein or otherwise shall be subject to the applicable laws and regulations as amended from time to time. There is no representation that all
Slide 20: Thank You
Kiri Industries Limited Fienre fall of Colors THANK YOU