Exxaro Tiles Ltd. · NSE:EXXARO
Exxaro Tiles — Q2 FY22 Earnings Presentation
31 slides from Exxaro Tiles's earnings presentation, Oct 27, 2021
Slide 1: Investor Update Q2 FY22
EXXARO TILES LIMITED Investor Update-Q2 FY22 Investor Update Q2 FY22 October 27,2021 October 27,2021 1
Slide 2: Safe Harbor
Safe Harbor This presentation may contain certain forward-looking statements relating to Exxaro Tiles Ltd. and its future business, development and economic performance. These statements include descriptions regarding the intent, belief or current expectations of the Company, its subsidiaries and as
Slide 3: Contents
Content Chairman’s ContentsMessage Business Overview Section 1 : Chairman’s Financial PerformanceMessage –Q2 FY22 Company Section 2 : Business Overview Income Section 3 :Statement Financial Overview -Q2 FY22 Shareholding Pattern Section 4 : Income Statement Section 5 : Shareholding Pattern Investor
Slide 4: Section 1: Chairman's Message
Section 1 | CHAIRMAN’S MESSAGE Investor Update Q2 FY 22 4
Slide 5: Chairman's Message
Chairman's Message • We have listed on 16th August 2021 with BSE and NSE and we are thankful for the overwhelming response of the Shareholders. • The market is again back to normal operations after the recent reoccurrence of pandemic outbreak in the 1st Quarter of the current financial year which ca
Slide 6: Section 2: Business Overview
Section 2 | BUSINESS OVERVIEW Investor Update Q2 FY 22 6
Slide 7: About Exxaro
About Exxaro Incorporated in 2008; Exxaro is engaged in manufacturing of vitrified tiles 2 manufacturing facilities in Vadodara and Himatnagar spread over 1.5 lacs sq. meters. 2 broad product categories : Double Charge Vitrified Tiles & Glazed Vitrified Tiles Developed insights across value chain fr
Slide 8: Our Key Strengths
Our Key Strengths Integrated Business Model:- Our is a Integrated Business Model leading cost competitiveness and premium product manufacturing within own manufacturing plants. In House R & D Facilities:- Well-equipped in house production facilities and laboratories. Strict quality compliance and co
Slide 9: Our Journey
Our Journey 2008 2013 2015 Incorporation of the Company as Strong foothold of Exxaro Crossed annual sales of Ricasil Ceramic Industries Pvt. Ltd. brand in the Industry INR 1,000+ Million 2017 2018 Product Portfolio expansion – Launched PGVT, GVT tiles and full Crossed annual sales of colour body col
Slide 10: Product Basket
Product BasketDouble Charged Vitrified Tile – 800x800 / 600x600 Double Charged Vitrified Tile – 800x800 / 600x600 Topaz White Galaxy Grey Galaxy Beige Galaxy Almond Exxaro Tiles has been revolutionized surface décor industry since 2008. Across Tiles industry, Exxaro is the only company which has bee
Slide 11: Product Basket
Product Basket Full body – 600X600 Storm Camel Storm Brown Storm Gris Storm Nero ‘STORM’ - An exceptional design perfectly blended with style and strength to decor outer area of your space. This new majestic cluster is surely the response to your need of modern look with a study finish to deck-up yo
Slide 12: Product Basket
Product Basket Flat Glazed Vitrified Tile 1200x600 / 600x600 Storm Camel Copper Onyx Lava Beige Stain Blue Trimate Beige Decore Flat Glazed Vitrified Tile 1600x800 Harmony Salt Ray Amarillo Investor Update Q2 FY 22 12
Slide 13: Product Portfolio
Product Portfolio Tile Categories Sizes In MM Surface Pattern •Double Charged Vitrified •800 X 1600 •High gloss Tiles (DCVT) •600 X 1200 •Rocker finish •Full Body Vitrified Tiles •800 X 800 •Butter finish •Glazed Vitrified Tiles (GVT) •600 X 600 •Matt finish •Sugar finish •Book match •Glossy finish
Slide 14: Manufacturing Facilities
Manufacturing Facilities Facilities Area Production Capacity Facility-1 at Block No- 37,460 Sq Mt 36,00,000 Sq Mt 204/205,Opp.Hanuman Temple,Nr.Mahuvad Turning, At & Po.Dabhasa,Tal.Padra,Dist.V adodara-391440 Facility-2 at Survey No-169 1,23,504 Sq Mt 96,00,000 Sq Mt & 170,Vavdi Harsol Road, At &Po.
Slide 15: Awards & Recognitions
Awards & Recognitions Investor Update Q2 FY 22 15
Slide 16: Quality Certifications
Quality Certifications Investor Update Q2 FY 22 16
Slide 17: Our Clientele
Our Clientele Investor Update Q2 FY 22 17
Slide 18: Section 3: Financial Overview - Q2 FY22
Section 3 | FINANCIAL OVERVIEW- Q2 FY22 Investor Update Q2 FY 22 18
Slide 19: Y-o-Y Tiles Volume Growth in MSM
Y-o-Y Tiles Volume Growth in MSM 93% 3.50 3.00 96% 2.50 2.00 Outsource 3.11 Own Manufacturing 2.33 1.50 4% 7% 1.00 0.23 0.09 0.50 0.00 Q2 FY21 Q2 FY22 Investor Update Q2 FY 22 19
Slide 20: Y-o-Y Revenue Growth in Millions
Y-o-Y Revenue Growth in Millions 91% 900.00 800.00 96% 700.00 600.00 500.00 Other 818.20 Outsource 585.96 400.00 Own Manufacturing 3% 7% 300.00 1% 2% 62.97 200.00 19.09 13.28 4.72 100.00 0.00 Q2 FY21 Q2 FY22 Investor Update Q2 FY 22 20
Slide 21: Revenue Break Up Geographical Wise-Q2 FY22
Revenue Break Up Geographical Wise-Q2 FY22 8.99% 1.22% 7.81% EAST 56.42% EXPORT 25.56% NORTH SOUTH WEST Investor Update Q2 FY 22 21
Slide 22: Y-o-Y Revenue, EBITDA, PAT in Millions
Y-o-Y Revenue,EBITDA,PAT in Millions Revenue In Millions PAT In Millions 900.00 800.00 58.00 700.00 56.00 894.45 600.00 54.00 609.77 500.00 52.00 56.19 400.00 Revenue 50.00 46.91 300.00 48.00 PAT 46.00 200.00 44.00 100.00 42.00 0.00 Q2 FY21 Q2 FY22 Q2 FY21 Q2 FY22 EBITDA in Millions 140.00 120.00 10
Slide 23: Key Ratios
Key Ratios Interest Coverage Debt/EBIDTA 3.50 5.00 3.03 4.22 4.05 3.00 4.00 3.40 2.50 2.00 3.00 1.45 1.59 2.03 1.50 1.32 2.00 1.00 1.00 0.50 0.00 0.00 FY19 FY20 FY21 FY22 FY19 FY20 FY21 FY22 Debt/Equity 2.00 1.45 1.44 1.50 1.18 1.00 0.50 0.15 0.00 FY19 FY20 FY21 FY22 Investor Update Q2 FY 22 23
Slide 24: Section 4: Income Statement
Section 4 | INCOME STATEMENT Investor Update Q2 FY 22 24
Slide 25: Y-o-Y Quarterly Income Statement In Millions
Y-o-Y Quarterly Income Statement In Millions Particulars Q2 FY22 Q2 FY21 Y-o-Y Revenue from Operations 894.45 609.77 47% Other Income 9.21 18.59 Cost of Goods Sold 319.59 180.38 Employee benefit expense 60.75 51.28 Other Expenses 377.99 265.48 Total Operating Expenses 758.33 497.14 EBIDTA 136.12 112
Slide 26: Y-o-Y Half Yearly Income Statement In Millions
Y-o-Y Half Yearly Income Statement In Millions Particulars H1 FY22 H1 FY21 Y-o-Y Revenue from Operations 1,406.76 886.98 59% Other Income 13.88 24.12 Cost of Goods Sold 495.37 209.19 Employee benefit expense 109.11 80.43 Other Expenses 601.98 416.89 Total Operating Expenses 1,206.46 706.50 EBIDTA 20
Slide 27: Our Rating
Our Rating RATING BY BRICKWORK RATING INDIA PVT. LTD. AS ON 24th SEPTEMBER 2021 Facility Previous Present Remarks Long Term BWR BWR Outlook Upgraded from "Stable" to BBB+/Stable BBB+/Positive "Positive" Reaffirmation Réaffirmation Short Term BWR A3+ BWR A2 Upgraded from "A3+" to "A2" Reaffirmation U
Slide 28: Section 5: Shareholding Pattern
Section 5 | SHAREHOLDING PATTERN Investor Update Q2 FY 22 28
Slide 29: Shareholding Pattern
Shareholding Pattern Particulars 30th September 21 Promoter's & Promoter's Group 42.07% FI/Mutual Fund 9.18% Public/Others 48.75% Equity Shares 44,741,070 42.07% 48.75% Promotors & Promotor Group FI/Mutual Fund Public/Others 9.18% Investor Update Q2 FY 22 29
Slide 30: About Us
About Us Exxaro Tiles is the one of the growing manufacturing Company of Vitrified Tiles in India. It has present annual capacity of 13.20 MSM across two plants - one at Talod, Sabarkantha, Gujarat one of the biggest manufacturing plant of GVT in India and, one at Padra, Vadodara, Gujarat. For furth
Slide 31: Thank You!
Registered Office Survey No. 169 & 170, Vavdi Harsol Road, Po.: Mahelav, Taluka: Talod, Sabarkantha - 383 305, Gujarat, India Thank You! Investor Update Q2 FY 22 31