Pokarna Limited · NSE:POKARNA
Pokarna — Q4 FY2017 Earnings Presentation
22 slides from Pokarna's earnings presentation, May 11, 2017
Slide 1: Cover letter to stock exchanges
‘oO May, 11", 2017 Department of Corporate Services, Listing Department, Bombay Stock Exchange Limited, National Stock Exchange of India Ltd, Phiroze Jeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai — 400001. Mumbai — 400051. Dear Sir, Ref: Scrip no / Symbol.
Slide 2: Q4 & FY17 Results Presentation
Q4 & FY17 Results Presentation May - 2017 BSE : 532486 NSE: POKARNA CIN: L14102TG1991PLC013299
Slide 3: Table of Content / Safe Harbour
Table of Content Safe Harbour No representation or warranty, express or implied, is made as to, and no reliance Business Highlights 3 should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions
Slide 4: Business Highlights – FY17 (Consolidated)
Business Highlights – FY17 (Consolidated) 58% share of 36% PAT Capacity Quartz growth Expansion Product innovation Greenfield project to expand and Strong Demand Quartz surfaces production capacity by 130% Commissioning of Tie-up with Proposed sale of new quarry Apparel business IKEA (Creame Cashmer
Slide 5: Financial Highlights - Consolidated
Financial Highlights - Consolidated Revenue for FY 17 decline 5% from Rs. 399 Cr to Rs. 380 Cr primarily due to decline in granite business. For the same period, EBITDA rose from Rs. 139 Cr to Rs. 142 Cr with EBITDA margin improving to 37% from 35 %. Profit After Tax for FY 17 improved 36% from Rs.
Slide 6: Segmental Performance
Segmental Performance
Slide 7: Segmental Performance
Segmental Performance Revenue FY17 FY16 Shift % Granite 149 186 -20 Rs. Crore Quartz 222 204 9 Surfaces Apparel 10 9 11 EBIT FY17 FY16 Shift % Granite 33 46 -28 Rs. Crore Quartz 96 83 16 Surfaces Apparel (7) (8) - Capital FY17 FY16 Shift % Employed Granite 103 82 26 Rs. Crore Quartz Surfaces 229 198
Slide 8: Segmental Performance: Granite, Quartz Surfaces, Apparel
Segmental Performance 36 39 39 34 Performance of the business reflective of Granite on-going challenging environment. 7 10 8 9 Tuning the granite business towards focusing more on customized “cut to size” segments. Q1FY17 Q2FY17 Q3FY17 Q4FY17 Quartz Surfaces 55 56 59 EBITDA margin for the business d
Slide 9: Key Developments
Key Developments
Slide 10: Key Developments
Key Developments CAPEX PESL partners IKEA • PESL to embark on a greenfield project to • PESL partnered IKEA to serve as its exclusive expand production capacity by 130%. quartz surfaces supply and installation partner for Indian Market. • Project cost (Rs. 325 cr) to be funded through mix of interna
Slide 11: Key Developments
Key Developments Value unlocking – Proposed Sale of Commissioning of new Granite quarry Apparel biz • In line with Company’s decision of focusing on • Commenced the operations of new quarry. its Core businesses (i.e Granite and Quartz). • Location - Buduruvada (Village), • Board of Directors in prin
Slide 12: Balance Sheet – Rs. Cr (Consolidated)
Balance Sheet – Rs. Cr (Consolidated) Net worth FY17 164 FY17 267 assets Fixed FY16 97 FY16 239 Inventories Long Term FY17 182 FY17 98 Debt Liabilities FY16 179 FY16 89 Assets Short Term Debtors FY17 53 FY17 67 Debt FY16 65 FY16 78 Cash & bank balances FY17 28 FY16 13 11 Figs as at Mar. 31, 2017
Slide 13: FY18 – Priorities remain the same
FY18 – Priorities remain the same Build strong & innovative product pipeline Improve operational efficiencies Focus on branding Widen reach and presence 12
Slide 14: Outlook: Going Forward
Outlook: Going Forward
Slide 15: Outlook: Going Forward
Outlook: Going Forward Quartz ➢ Our quartz surfaces business (~58% of revenue) continues to provide a strong foundation for our long- term success; ➢ Benefit from presence in fast growing quartz surfaces segment. Rate of growth may be limited by current capacity levels. Therefore, till the time new
Slide 16: Key Strengths & Capabilities
Key Strengths & Capabilities
Slide 17: Key Strengths & Capabilities
Key Strengths & Capabilities Quartz ➢ World class manufacturing, Research & Product development facility – base of over 6750 lab products ➢ Exclusive licensee for India of patented Italian Bretonstone Technology ➢ Comprehensively serving through private label products and Quantra brand ➢ Laser-focus
Slide 18: Company Overview
Company Overview
Slide 19: Granite
Granite State-of-the-art Manufacturing Facilities ➢ Backward Integrated – Sourcing majority of raw ➢ Fully automated production line – Cutting edge material from captive quarries. technology armed with fully computer-controlled high speed polishing lines transforms granite from its crude ➢ Captive q
Slide 20: Quartz Surfaces
Quartz Surfaces ➢ Pokarna Engineered Stone Limited (PESL) – wholly State-of-the-art Manufacturing Facilities owned subsidiary of Pokarna Ltd., is India’s largest manufacturer and exporter of engineered stone ➢ Fully automated production line. surfaces. ➢ Best in business technology - Bretonstone® Sy
Slide 21: Apparel
Apparel ➢ Launched in 2004, Stanza focuses on premium product / lifestyle brand category for men & children. ➢ Reach – ▪ 8 exclusive outlets ▪ Other leading retail outlets Factory: Survey No: 33,39,50,51,55,68 & 69, Apparels Export Park, Gundla Pochampally, Village, Medchal Mandal, R.R. District, Te
Slide 22: Investor Contacts
Investor Contacts For more information about us, please visit www.pokarna.com or contact: Vinay Paruchuru Gavin Desa / Suraj Digawalekar Pokarna Limited CDR India 105, 1st Floor, Surya Towers, S. P. Road, Tel: +91 22 6645 1237 / 1235 Secunderabad, Telangana – 500003 Fax: +91 22 6645 1213 Tel: +91 40