Sirca Paints India Ltd. · NSE:SIRCA
Sirca Paints India — Q3 FY20 Earnings Presentation
16 slides from Sirca Paints India's earnings presentation, Feb 4, 2020
Slide 1: Submission of Investor Presentation to NSE
© ees = Sirca®. SIRCA PAINTS INDIA LIMITED WOOD COATINGS (ITALY) (Formerly known as Sircolor Wood Coatings Pvt. Ltd.) 9 Regd. office : Plot No-50, Badli Industrial Area, Phase-2, New Delhi-110042 & 011-42083083 / 47533213 = info@sircapaints.com @ www.sircapaints.com CIN NO: L24219DL2006PLC145! 45092
Slide 2: Sirca Paints India Limited Q3 FY20 Earning Presentation
01 SIRCA PAINTS INDIA LIMITED Q3 FY20 Earning Presentation NSE: SIRCA | Bloomberg: SIRCA:IN | CIN: L24219DL2006PLC145092
Slide 3: Q3FY20 Result Discussion
Q3FY20 Result Discussion Sirca Paints India Limited Result Presentation
Slide 4: Profit & Loss Summary
02 Profit & Loss Summary Q3FY20 Result (In Crores) Particulars Q3FY20 Q2FY20 Q3FY19 Y-O-Y% 27.4% Q3FY20 Revenue from Operations at 33.47 Crores as compared to 26.27 Revenue from Operations 33.47 37.58 26.27 27.4% Crores in Q3FY19 Total Income 34.29 40.05 28.40 20.7% Total Operating Expenses 24.68 26
Slide 5: Management Commentary
03 Management Commentary Business Update Media Recognition Q3FY20 Result Discussion a) Strengthened Physical Infrastructure • In January 2020, the company was mentioned in ‘India’s • The company has recorded a healthy growth in revenue Major thrust on creating the necessary physical infrastructure t
Slide 6: Promotional Activity
04 Promotional Activity Events participated: PITEX in Amritsar Advertisement in movie theaters FIFEX in Kochi IDAC in Pune Sirca Paints India Limited Result Presentation
Slide 7: Company Overview
Company Overview Sirca Paints India Limited Result Presentation
Slide 8: About Us
06 About Us • Incorporated by Mr. Sanjay Agarwal and Mr. Gurjit Singh Bains in 2006 as ‘Sircolor Wood Coatings Private Limited’. • We deal prominently in premium wood, glass, metal coating products under the brand name ‘Sirca’. • We have an exclusive tie-up with Sirca S.p.A (Italy) for distributing
Slide 9: Company Snapshot
07 Company Snapshot Among the leading Exclusive tie-up with Market leader in North 2 Manufacturing premium wood coatings Sirca S.p.A Italy for India Facilities player in India Bangladesh, Nepal, Sri Lanka and India OEM vs Retail Revenue Number of dealers – 1477* Team Size – 310* Virtually Debt-Free
Slide 10: Product Portfolio
08 Product Portfolio Entire range of product portfolio available to our channel partners 1. Wood Coatings • Wood Stains New Additions through Manufacturing Facilities • Polyurethane Polish (PU) • Melamine • Polyester (Lamination) • Economical PU • Acrylic Finishes • NC Products • UV Products • Thinn
Slide 11: Customer Segments
09 Customer Segments OEMs Retail 30% revenue contribution. 70% revenue contribution. Key clientele includes: Godrej, Jindal Strong dealer network of 1477 dealers. Stainless, Indoline, Space Wood, Pyramid, MAS Furniture, Alsorg, Soundarya Growth strategy: Decorators etc. 1. Chain of studios being ope
Slide 12: Capex
10 Capex • The company has recently, in November’2019, commissioned a manufacturing facility for NC, Melamine, Economical PU products and PU thinner at Rai, Sonipat (NCR). • This unit has been established with a total CAPEX of ~33.20 Crores, as a primary ‘object of issue’ of our initial public offer
Slide 13: Financial Summary: Profit & Loss Statement
11 Financial Summary Profit & Loss Statement (In Crores) Particulars 2015 2016 2017 2018 2019 Revenue from Operations 65.25 70.54 82.51 89.22 125.34 Total Income 69.76 72.66 84.34 93.57 131.46 Total Operating Expenses 59.66 60.91 62.30 63.26 93.81 EBITDA (Excluding OI) 5.59 9.63 20.21 25.96 31.53 EB
Slide 14: Financial Summary: Balance Sheet
12 Financial Summary Balance Sheet (In Crores) Particulars 2015 2016 2017 2018 2019 Shareholders Fund 13.14 20.42 34.12 67.63 167.78 Non Current Liabilities 0.43 0.23 0.02 0.33 0.63 Current Liabilities 19.82 24.41 27.14 26.57 32.29 Total 33.41 45.07 61.31 94.56 200.72 Non Current Assets 4.29 4.94 9.
Slide 15: Contact Us
13 Contact Us Mr. Chahat Mahajan Company Secretary and Compliance Office Sirca Paints India Limited cs@sircapaints.com Mr. Sayam Pokharna Integrated Reporting Advisor The Investment Lab sayam@theinvestmentlab.in Sirca Paints India Limited Result Presentation
Slide 16: Disclaimer
14 Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after th