Signet Industries Limited · NSE:SIGIND
Signet Industries — Q1 FY2024 Earnings Presentation
23 slides from Signet Industries's earnings presentation, Aug 16, 2023
Slide 1: Exchange covering letter for investor presentation
Dated: 16th August, 2023 To, To, The Secretary The Corporate Relationship Department National Stock Exchange of India Bombay Stock Exchange Limited Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Dalal Street, Complex, Bandra (East), Mumbai- 400 001 Mumbai-400051 Ref: SIGNET INDUSTRI
Slide 2: Signet Industries Limited Investor Presentation Q1FY2024
SIGNET INDUSTRIES LIMITED Investor Presentation Q1FY2024 1
Slide 3: Disclaimer
DISCLAIMER This information may contain certain forward-looking statements/details in the current scenario, which is extremely dynamic and increasingly fraught with risks and uncertainties. Actual results, performances, achievements or sequence of events may be materially different from the views ex
Slide 4: Signet Industries Limited – The Irrigation House
_ SIGNET INDUSTRIES LIMITED The Irrigation House Leading Manufacturers of : « Drip Irrigation System « Sprinkler Irrigation System * High Pressure HDPE Pipes = DWC Pipes « PVC, CPVC, uPVC Pipes & Fittings, = Column Pipes, = CM/Cs, = Casing Pipes = Ghamela = Rain Pipe SIGNET INDUSTRIES LIMITED The Ir
Slide 5: Signet Group Company Overview
S SIGNET GROUP | Company Overview ars. ee ms . f . ; Signet Industries is a diversified company engaged in manufacturing of — TRADING —— REVENUE plastic products and wholesale trade of chemicals and plastics + PVC Resin %1017.69 cr - The Company’s manufacturing segment is engaged in manufacturing of
Slide 6: Company Overview
Company Overview − Signet Industries is a diversified company engaged in manufacturing of TRADING REVENUE plastic products and wholesale trade of chemicals and plastics • PVC Resin ₹1017.69 cr − The Company’s manufacturing segment is engaged in manufacturing of • Polyolefin • HDPE irrigation and pla
Slide 7: The Enterprising Journey So Far
The Enterprising Journey So Far 1994-2000 2007-2010 1986-1991 Distribution of DCW’s PVC resins and imported Poly- Expanded injection moulding for household/lifestyle Incorporated in 1985 olefins. Added Reliance as products in 2007. And in 2010 & listed on BSE. It started trading of client in 1996 &
Slide 8: Our Business Segment and Product
Our Business Segment and Product IRRIGATION PRODUCTS AGRICULTURE PRODUCTS • Flat Emitting Pipes • RPVC Pipe & Fittings • Round Emitting Pipes • Casing Pipe • Online Drip Systems • HDPE Pipes • MIS Accessories • Column Pipes • Sprinkler Irrigation Systems • Rain Pipes • Project implementation & Servi
Slide 9: Manufacturing
MANUFACTURING 8
Slide 10: Micro Irrigation
Micro Irrigation ADVANTAGES AND DYNAMICS − Increase in production & productivity 30-70% Savings in Water − Improves quality & ensure early maturity of the crops − Fertigation and Chemigation save costs, increase efficacy 20-25% Savings in Electricity − Control diseases − Use of saline water 20-30% S
Slide 11: Extensive Range of MIS Products
Extensive Range of MIS Products PRODUCTS Flatsil Integral Golsil Integral Silonline Dripline Dripline Drippers Plastic Disc / Plain Lateral Fertilizer Tank Screen Filter Our Plant Our Offices Metal Disc Screen Our Depots Ventury Injector Filter Control Valves Our Formidable Reach & Presence Sand Med
Slide 12: Agri and Infrastructure Segment
Agri and Infrastructure Segment Sprinkler Irrigation System HDPE Pipes HDPE Cable Duct ADVANTAGE • Chemically inert, and suitable to use • Excellent corrosion and chemical • Low co-efficient of friction for easy, safe liquid fertilizers and pesticides resistance and fast installation by high speed a
Slide 13: Manufacturing Segment – Revenue Mix
Manufacturing Segment – Revenue Mix 3% O T H E R M A N U FA C T U R E D GOODS 74% I R R I G AT I O N Revenue Mix 23% INFRASTRUCTURE 12
Slide 14: Polymer Trading Business
Polymer Trading Business 13
Slide 15: Polymer Import & Distribution Business
Polymer Import & Distribution Business One of the leading players in distribution of Polymers in Central India Sole distributor for Leading manufacturers of Polymer Product Principal/Vendor products PVC Resin Imports/DCW Ltd Polyolefin • HDPE Imported & locally Importing PVC resin and • LLDPE produc
Slide 16: Strategically Located Plant in Central India - Indore
Strategically Located Plant in Central India - Indore − Total land area of 16.5 acres with constructed area of plant machinery and utilized is only 60% − Latest technology/know-how from Switzerland, Israel and USA − With Millefleur and DRTS machines PLANT CAPACITY − HDPE 3000 tons per month − Drip 7
Slide 17: Investment Rationale
Investment Rationale Backward and forward Bringing down manufacturing costs and ability to charge premium for brand– Saurabh Shaktiman integration strategy Nil industry legacy Absence of issues related to long outstanding, unpaid government subsidies or working capital issues inefficiencies Expe
Slide 18: Financials
Financials 17
Slide 19: Financial Performance - Snapshots
Financial Performance - Snapshots Net Sales (₹ crore) PBT (₹ crore) 1017.68 22 975.9 882.8 877.26 19.1 827.0 17.14 11.69 11.7 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 EPS (₹) PAT (₹ crore) 4.7 4.6 14.7 4.3 3.9 13.72 13.16 11.79 2.7 8.38 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 18
Slide 20: Financial Performance - Snapshots
Financial Performance - Snapshots Net Sales (₹ crore) EBITDA (₹ crore) 28 289 22 219 Q1FY23 Q1FY24 Q1FY23 Q1FY24 PAT (₹ crore) EPS (₹) 32 0.96 15 0.38 Q1FY23 Q1FY24 Q1FY23 Q1FY24 19
Slide 21: Key Financials- P&L Accounts
Key Financials- P&L Accounts ₹ in lacs Q1FY24 Q1FY23 QoQ Change% Net Sales 28881.90 21913.53 31.80 Raw Material 13450.82 11002.91 22.25 Employee Cost 724.35 686.70 5.48 Other Expenses 2452.89 1742.58 40.76 Total Expenditure 28503.02 21728.10 31.18 EBITDA 1871.13 1570.55 19.14 EBITDA (%) Other Income
Slide 22: Strategy
Strategy Capacity increase by 25% through debottlenecking cost of ₹ 1.5 cr. Taking production to 9-10 lakh mtr MIS p.d. Entry to new states. Improvement in inventory management Introduction of high margin products. Increase in capacity to 13000 tons @ ₹ 3 cr giving revenue DWC potential of ₹ 130 cr
Slide 23: Thank You
Thank You For more information please contact xxx