Kohat Cement Co Ltd · PSX:KOHC
Kohat Cement — FY2023 Earnings Presentation
15 slides from Kohat Cement's earnings presentation, Nov 14, 2023
Slide 1: Corporate Briefing Session FY2023 & Q1FY2024
KOHAT CEMENT COMPANY LIMITED CORPORATE BRIEFING SESSION FY2023 & Q1FY2024 Khurram Shahzad - CFO November 14, 2023
Slide 2: Group Structure
GROUP STRUCTURE ANS Capital (Pvt.) Limited Kohat Cement Ultra Pack Ultra Kraft (Pvt.) Company (Pvt.) Limited Limited Limited Shareholding Pattern: 1. ANS Capital (Pvt.) Ltd. (Holding Company) -56.4% 2. Directors- 18.1% 3. Free Float -25.4%
Slide 3: Our Products
OUR PRODUCTS OPC – GREY CEMENT OPC – PRECAST CEMENT OPC – COMPOSITE CEMENT OPC –WHITE CEMENT
Slide 4: Financial & Operational Performance
FINANCIAL & OPERATIONAL PERFORMANCE
Slide 5: Dispatches and Capacity Utilization
Dispatches and Capacity Utilization 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter YTD YTD Q1FY2024 YoY QoQ YoY Sep/22 Dec/22 Mar/23 Jun/23 30-Jun-23 30-Jun-22 Sep/23 Cement Industry Industry Dispatches 9,620,884 12,142,852 11,836,055 10,983,848 44,583,639 52,891,703 -16% 11,879,871 8% 23% - Local
Slide 6: FY Financial Highlights
FY 23 Gross Profit 6% Revenue FY23 : 10.4 B FY22 : 9.8 B Operating Profit 18% 18% EBITDA FY23 : 38.9 B FY22 : 32.8 B FY23 : 11.2 B FY22 : 9.4 B 16% FY23 : 12.3 B FY22 : 10.5 B PAT Other Income 16% 202% EPS FY23 : 5.8 B FY22 : 5 B FY23 : 2085 M FY22 : 690 M 16% FY23 : 28.98 FY22 : 25.01
Slide 7: Q1FY24 Highlights
Q1FY24 Gross Profit 17% Revenue Q1FY24 : 3.2 B Q1FY23 : 2.7 B Operating Profit 25% EBITDA 31% Q1FY24 : 3.7 B Q1FY23 : 2.8 B Q1FY24 : 11.06 B Q1FY23 : 8.8 B 29% 25% Q1FY24 : 4.0 B Q1FY23 : 3.1 B Other Income PAT EPS 136% 25% 27% Q1FY24 : 864 Q1FY23 : 366 Q1FY24 : 2.2 B Q1FY23 : 1.7 B M M Q1FY24 : 11.
Slide 8: Financial Performance FY23 & Q1 FY24
Financial Performance FY 23 & Q1 FY24 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter YTD YTD Q1FY2024 YoY QoQ YoY Sep/22 Dec/22 Mar/23 Jun/23 30-Jun-23 30-Jun-22 Sep/23 (Amount in Rs.'000') Sales - Net 8,852,817 10,961,535 10,010,223 9,097,060 38,921,635 32,876,949 18% 11,064,118 22% 25% Cost of Sa
Slide 9: Financial Performance FY23 & Q1FY24: Retention, Production, Costs
Financial Performance FY 23 & Q1FY24 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter YTD YTD Q1FY2024 YoY QoQ YoY Sep/22 Dec/22 Mar/23 Jun/23 30-Jun-23 30-Jun-22 Sep/23 Retention ( Rs./MT) 12,850 12,815 12,980 13,280 12,972 9,241 40% 14,527 9% 13% Local 12,851 12,816 12,992 13,317 12,981 9,244 40% 1
Slide 10: Retention, Cost and GP Margin
Retention, Cost and GP Margin
Slide 11: Key Financial Ratios
Key Financial Ratios 2023 2022 2021 2023 2022 2021 Capital Structure Ratios Liquidity Ratios Debt to equity ratio 9:91 13:87 21:79 Current ratio 2.31 1.87 1.30 Interest coverage ratio 15.14 17.60 10.45 Quick ratio 1.54 1.28 0.75 Debt Service Coverage Ratio 7.25 5.81 7.08 Investment/market ratios Pro
Slide 12: Future Outlook
Future Outlook • No significant growth in Cement demand is expected in domestic market in current FY2024. • Additional cement capacity of around 11 million MT has been added during FY 2023 whereas 2 million MT shall be added in current FY. • Company is working on setting up further 15mw solar power
Slide 13: Question & Answer
a Question & Answer
Slide 14: Disclaimer
Disclaimer THIS PRESENTATION IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL ANY SECURITIES OR ANY INVESTMENT. This presentation has been prepared by Kohat Cement Company Limited (“Kohat Cement”) solely for information purposes. No representation or warranty express or implied is made the
Slide 15: Thank You
a Thank You ©