Power Cement Ltd · PSX:POWER
Power Cement — Corporate Update (June 2023)
28 slides from Power Cement's corporate update, Jun 19, 2023
Slide 1: Power Cement Limited Corporate Briefing FY-2023
Power Cement Limited Corporate Briefing FY-2023 June 19, 2023 at 11:00 am PSX Auditorium (3rd Floor, PSX Building) 1
Slide 2: Table of Contents
01 Company History & Profile 02 Operational Information Table of 03 Financial Information Contents 04 Other Information 05 Question/Answer Session 2 Power Cement Limited Corporate Briefing FY-2023
Slide 3: Disclaimer
Disclaimer Power Cement Limited ("PCL" or the "Company") has prepared this presentation solely for informational purposes, providing an overview of the Company's operations. The information presented here is not intended to provide guidance on trading or dealing in PCL's shares. The Company does not
Slide 4: Company Profile
01 Company Profile 4 Power Cement Limited Corporate Briefing FY-2023
Slide 5: History
History 1981 1987 1989 1999 • Incorporated in • Listed on Karachi • Commencement • Capacity Pakistan as Essa Stock Exchange of production enhancement Cement (Now Pakistan with a capacity of from 500 TPD to Industries Stock Exchange 500 TPD 1500 TPD Limited Limited) 2013 2010 2008 2005 • Change of na
Slide 6: History
History 2016 2017 2020 2021 • Successful • Mega expansion of • CoD of Cement • CoD of Clinker Implementation an additional Production and Production Plant of Microsoft production line Dispatch Plant and Waste Heat Dynamics (FLS Smidth) 7,700 Recovery System Enterprise TPD was Resource announced. Pla
Slide 7: Company Profile
Company Profile Power Cement Limited (“the Company”) was founded in 1981 and stands as the flagship Company of Arif Habib Group. The factory site of the Company is located at Motorway M-9, Nooriabad, Sindh. The Company was previously known as Al-Abbas Cement Limited until its acquisition in 2010 by
Slide 8: Operational Information
02 Operational Information 8 Power Cement Limited Corporate Briefing FY-2023
Slide 9: Production
Capacity Utilization Production 68% Nine Months ended Production March 31, March Change Variance 2023 31, 2022 % In Tons 60% Cement 1,529,002 1,189,318 339,684 28% Production Clinker 1,626,976 1,435,880 191,096 13% Production 31-Mar-23 31-Mar-22 The overall capacity utilization for the nine months p
Slide 10: Sales
Sales Nine Months ended Sales Volume March 31, 2023 March 31, 2022 Variance % In Tons Dispatches (Local) 1,239,106 1,263,744 (2%) Dispatches (Export) 587,429 495,378 18% Total 1,826,535 1,759,122 4% 10 Power Cement Limited Corporate Briefing FY-2023
Slide 11: Sales Mix
Sales Mix Sales Mix of Power Cement Sales Mix of Power Cement July’2021 - Mar’2022 July’2022 - Mar’2023 316 , 305 , 415 , 28% 26% 468 , 36% All Quantities 41% in Thousand Tons 406 , 383 , 36% 33% Karachi Outstation Institution Karachi Outstation Institution 11 Power Cement Limited Corporate Briefing
Slide 12: Market Share-South Zone
Market Share-South Zone Capacity Based Latest / Fully integrated Europeans plan Others Power (FLSmidth-Denmark) Cement 3% 21% Fully automated quality control thereby Lucky leading to consistent production of Cement highest quality cement 30% Attock Cement From being one of the smallest company
Slide 13: Financial Information
03 Financial Information 13 Power Cement Limited Corporate Briefing FY-2023
Slide 14: Financial Performance for the Nine Months of FY 2022-23
Financial Performance for the Nine Months of FY 2022-23 PKR in ‘000’ GROSS OPR. NET EPS PROFIT PROFIT PROFIT Particulars Nine Nine Variance Months Months Nine Mar-2023 Mar-2022 Months FY 22-23 Revenue 21,513,126 13,348,926 8,164,200 22% 12% 2.6% 0.26 Gross Profit 4,833,498 2,236,789 2,596,709 Nine O
Slide 15: Financial Performance for the Nine Months of FY 2022-23
Financial Performance for the Nine Months of FY 2022-23 Revenue The top lines for the nine months show are marked increase which is primarily due to higher domestic retention prices pushed by the inflated cost of production and due to favorable exchanges rates on export sales. Gross Profit The Compa
Slide 16: Other Information
05 Other Information 16
Slide 17: Economic Challenges Faced By PCL
Economic Challenges Faced By PCL: Import High-interest Increasing Rising Inflation Restrictions Rate Exchange Rates 17 Power Cement Limited Corporate Briefing FY-2023
Slide 18: Increasing USD Exchange Rate / High Interest Rates
High Interest Rates Increasing USD Exchange Rate 6 MONTH KIBOR USD EXCHANGE RATE 22% 21% 280 290 20% 19% 267 270 18% 17% 17% 16% 16% 16% 16% 16% 250 234 230 16% 15% 15% 219 221 221 222 225 14% 230 14% 204 12% 210 196 12% 180 184 190 10% 170 Interest rates have reached a historic high in Pakistan whi
Slide 19: Low Demand Due To Rising Inflation
Low Demand Due To Rising Inflation I NFLA T I ON % Decline in local demand due to rising inflation. This inflation 40% 35% has also increased the prices of peripheral products like steel, 35% 32% further slowing down the construction industry. 27% 27% 28% 30% 25% 24% 25% Mitigation Strategy: 25% 21%
Slide 20: Transformation Management
Transformation Management Alternate Fuel Usage Use of Local Coal 20 Power Cement Limited Corporate Briefing FY-2023
Slide 21: Transformation Management
Transformation Management 21 Power Cement Limited Corporate Briefing FY-2023
Slide 22: Fulfilling 35% of our total energy needs through Solar Power and WHRS
Fulfilling 35% of our total energy needs through Solar Power and WHRS Solar Field WHRS CO2 CO2 Produced Emission Produced Emission Month MWH Saving MWH Saving (Tons) (Tons) Jul to Mar 2023 6,100 3,323 37,718 20,556 CO2 Emission Factor = 0.545 x MWH Produced (Source: IGES List of Grid Emission Fact
Slide 23: Alternate Fuel Usage
Alternate Fuel Usage Sugar Cane Mud Press Objectives: 2,000 tons of Sugar Mud Press has been successfully used as a coal substitute. The initiative has shown positive signs and significant cost saving. An increase in the generation of Electricity through the Waste Heat Recovery System (WHR) was
Slide 24: Use of Local Coal
Use of Local Coal Thar Coal Project MOU's signed with Sindh Engro Coal Mining Company (SECMC) for trial of Thar coal Objectives: Total 500 Tons of Coal has been received at factory. This coal will be processed after achieving desired moisture with sun drying after which its results will be obser
Slide 25: Alternate Fuel Usage
Alternate Fuel Usage Engro Energy & Power Cement Waste-to-Fuel MoU's signed with Engro Energy limited to have first right to purchase Refuse derived fuel (RDF) PCL will have the first right to take RDF after their self usage. PCL is collaborating with different companies and evaluating offers fo
Slide 26: Use of Local Coal
Use of Local Coal Thar Coal Project MOU's signed with Sindh Engro Coal Mining Company (SECMC) for trial of Thar coal Objectives: Total 500 Tons of Coal has been received at factory. This coal will be processed after achieving desired moisture with sun drying after which its results will be obser
Slide 27: Question/Answer Session
06 Question/Answer Session 27
Slide 28: Thank You
Thank. You SUI ARIF HABIB GROUP