Slide 1: Q3 FY24 Investor Update
www.prismjohnson.in Amongst India’s Leading Integrated Building Materials Companies Q3 FY24 INVESTOR UPDATE February 1, 2024 INVESTOR UPDATE FEBRUARY 2024
Slide 2: Executive Summary: Q3 FY24 Financial Performance Snapshot (1/2)
Executive Summary Consolidated (Ex. RQBE) Q3 FY24 Financial Performance Snapshot (1/2) www.prismjohnson.in Revenue (₹ Crores) Revenue Mix 1,966 Prism Prism 1,825 Q3 FY24 revenue grew by RMC, Cement, 1,633 1,675 1,675 2.6% YoY led by 6.8% YoY 22% 45% Prism Cement constituted revenue growth in Prism 4
Slide 3: Executive Summary: Q3 FY24 Financial Performance Snapshot (2/2)
Executive Summary Consolidated (Ex. RQBE) Q3 FY24 Financial Performance Snapshot (2/2) www.prismjohnson.in Working Capital (Days) Operating Free Cash Flows (₹ Crores) 25 518 23 17 17 Working Capital Days (cash conversion cycle) Operating Free Cash Flow 6 increased from 23 days in (FCF) (pre-capex an
Slide 4: Executive Summary: Segment Wise Q3 FY24 Update
Executive Summary: Segment Wise Q3 FY24 Update www.prismjohnson.in EBITDA & EBITDA SALES VOLUME REVENUE MARGIN Cement & clinker sales volume EBITDA per ton grew by 167.1% Prism Cement’s Q3 FY24 grew by 8.8% YoY to 1.49 YoY to ₹ 787 per ton; Power and revenues grew by 6.8% YoY from million tons in Q3
Slide 5: Prism Cement: Prominent Cement Player in the Satna Cluster
Prism Cement: Prominent Cement Player in the Satna Cluster www.prismjohnson.in Capacity Product Mix Prominent cement company in the Satna cluster with Superior product mix; Share of premium products an installed cement capacity of 5.6 MTPA; Supply (Champion Plus, Duratech and Champion All agreements
Slide 6: Prism Cement: Strong Volume Growth Trend Continues in Q3 FY24
Prism Cement: Strong Volume Growth Trend Continues in Q3 FY24 www.prismjohnson.in Cement & Clinker Sales Volume (mn tons) Premium Products % 1.74 1.82 34% 1.44 1.45 1.37 1.49 32% 33% 33% 33% 31% 1.29 29% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY23 FY24 FY23 FY24 Q3 FY24 Regional Sales Breakup Q3 FY24 Sales: Trade
Slide 7: Prism Cement: EBITDA Per Ton Increased by 167.1% YoY in Q3 FY24
Prism Cement: EBITDA Per Ton Increased by 167.1% YoY in Q3 FY24 www.prismjohnson.in EBITDA per ton (₹) Cost per ton (₹) 4,7754,812 4,825 750 787 4,682 673 4,552 4,411 470 364 4,239 295 231 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY23 FY24 FY22 FY23 Q3 Q2 Q3 % % Cement revenue grew by 6.8% YoY to ₹ 748 Crores in C
Slide 8: HRJ: Amongst the Leading Tiles & Bath Fittings Companies in India
HRJ: Amongst the Leading Tiles & Bath Fittings Companies in India www.prismjohnson.in Strong Brand & Wide Product Range Strong brand with a long standing history of tile manufacturing in India, operating since 1958; Wide product range: Tiles, Sanitary-ware & Bath-fittings, Quartz & Engineered Marble
Slide 9: HRJ: Strong Brands and Wide Product Range with an Innovation Focus
HRJ: Strong Brands and Wide Product Range with an Innovation Focus www.prismjohnson.in Innovations That Differentiate HRJ Several Strong Brands Cool Roof SRI (Solar Reflective Tiles) Tac Tiles High Mechanical Skid Resistant Strength Designed in Guidance Tiles Conformance with for the RNIB (UK), DETR
Slide 10: HRJ: Operates Experience Centres Across India
HRJ: Operates 21 Experience Centres Across India www.prismjohnson.in List of Experience Centres Experience Centre at Hyderabad City State 1 Ahmedabad Gujarat 2 Bengaluru Karnataka 3 Bhubaneshwar Odisha 4 Calicut Kerala 5 Chandigarh Chandigarh 6 Chennai Tamil Nadu 7 Coimbatore Tamil Nadu 8 Delhi Delh
Slide 11: HRJ: Panagarh Tile Manufacturing Plant Started Commercial Production in October 2023
HRJ: Panagarh Tile Manufacturing Plant Started Commercial Production in October 2023 www.prismjohnson.in State-of-the-art tile manufacturing plant at Panagarh, West Bengal INVESTOR UPDATE FEBRUARY 2024 11
Slide 12: HRJ: Q3 FY24 Performance Summary (Consolidated)
HRJ: Q3 FY24 Performance Summary (Consolidated) www.prismjohnson.in Revenue (₹ Crores) EBITDA (₹ Crores) & EBITDA Margin (%) 8.2% 7.7% 7.0% 7.2% 6.3% 5.0% 4.5% 658 593 589 581 559 557 548 54 46 42 39 37 28 25 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY23 FY24 FY23 FY24 Tile Sales Volume (million m2) Q3 FY24 consol
Slide 13: Prism RMC: Amongst the Leading RMC Players with a Pan-India Presence
Prism RMC: Amongst the Leading RMC Players with a Pan-India Presence www.prismjohnson.in Pan India Presence Commercial Concrete OUR BUSINESS VERTICALS Amongst top three players in the RMC sector with Core business catering to pan India presence: 100 plants* at 44 cities / towns; the concrete require
Slide 14: Prism RMC: Q3 FY24 Financial Performance Summary
Prism RMC: Q3 FY24 Financial Performance Summary www.prismjohnson.in Revenue (₹ Crores) EBITDA (₹ Crores) 10.7 5.9 2.7 2.0 1.1 370 370 366 355 343 342 333 (5.0) (9.6) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY23 FY24 FY23 FY24 EBITDA Margin (%) Revenue grew by 7.7% YoY from ₹ 343 Crores in Q3 FY23 to ₹ 370 Crores
Slide 15: Raheja QBE General Insurance (RQBE): Performance Summary
Raheja QBE General Insurance (RQBE): Performance Summary www.prismjohnson.in Gross Written Premium (₹ Crores) AUM (₹ Crores) 909 861 850 804 803 799 782 139 116 94 76 54 47 38 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY23 FY24 FY23 FY24 RQBE added 46 new partners during Q3 FY24 taking the count of total partners to
Slide 16: Management Driving Several ESG Initiatives
Management Driving Several ESG Initiatives www.prismjohnson.in Environment CSR Initiatives Health & Safety Prism Cement’s Emissions Intensity at Construction of around 50 Provided around 60 on-site safety 630 kg CO2 per ton of cementitious perforated drum based water trainings to over 1,500 pa
Slide 17: CSR Activities Categorised into Large Focus Areas
CSR Activities Categorised into 7 Large Focus Areas www.prismjohnson.in Health & Hygiene Environment & Water Conservation Empowerment & Skill Development Social Welfare Rural Infrastructure Development Promotion of Education Providing Potable Drinking Water INVESTOR UPDATE FEBRUARY 2024 17
Slide 18: Prism Johnson: Division Wise Financial Performance
Prism Johnson: Division Wise Financial Performance www.prismjohnson.in Revenue (₹ Crores) 1,966 1,825 1,675 1,675 1,633 938 911 753 748 700 658 589 581 557 548 370 370 366 343 342 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 Q3 Q4 Q1 Q2 Q3 FY23 FY23 FY24 FY24 FY24 FY23 FY23 FY24 FY24 FY24 FY23 FY23
Slide 19: Strong Balance Sheet (Consolidated Ex RQBE)
Strong Balance Sheet (Consolidated Ex RQBE) www.prismjohnson.in Net Debt (₹ Crores) 1,953 FY24 Debt Repayment Obligation (₹ Crores) 1,864 1,856 2,000 10.0 383 8.0 356 1,253 1,234 1,149 1,098 1,500 4.4 6.0 3.0 3.1 2.6 1,000 2.0 4.0 1.8 2.1 2.0 500 1.9 1.6 1.7 0.0 28 0.9 0.9 0.8 0.7 0 -2.0 FY18 FY19 F
Slide 20: Consolidated (Ex RQBE) Financials Summary
Consolidated (Ex RQBE) Financials Summary www.prismjohnson.in Working Capital (Days) Particulars (₹ Crores) Q3 FY23 Q2 FY24 Q3 FY24 % QoQ % YoY 25 24 Revenue from Operations 23 1,633 1,675 1,675 0.0% 2.6% 18 17 17 - Prism Cement 700 753 748 (0.6%) 6.8% - HRJ 589 581 557 (4.1%) (5.4%) 6 - Prism RMC 3
Slide 21: Standalone Financials Summary
Standalone Financials Summary www.prismjohnson.in Particulars (₹ Crores) Q3 FY23 Q2 FY24 Q3 FY24 % QoQ % YoY 9M FY23 9M FY24 %YoY Revenue from Operations 1,611 1,652 1,657 0.3% 2.9% 4,764 5,101 7.1% - Prism Cement 700 753 748 (0.6%) 6.8% 2,092 2,411 15.3% - HRJ 570 564 545 (3.4%) (4.4%) 1,646 1,629
Slide 22: Awards & Recognition
Awards & Recognition www.prismjohnson.in Prism Cement awarded the Safety Award (Large Enterprises, Prism Cement received an award for Environmental Excellence at Cement Sector) at the 11th Global Safety Summit in Dec 2023 the 23rd Greentech Annual Environment Award 2023 Prism Cement awarded the Happ
Slide 23: Market Information
Market Information www.prismjohnson.in Absolute Share Price Performance Share Price Performance vs. BSE Sensex* 200 180.75 200 160 160 632 120 120 80 80 40 40 256 0 0 Apr20Oct20Apr21Oct21Apr22Oct22Apr23Oct23 Value Traded on NSE + BSE (INR Crore) (RHS) Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Slide 24: About Prism Johnson Limited
About PRISM JOHNSON LIMITED www.prismjohnson.in PRISM JOHNSON LIMITED is one of India’s leading integrated building materials’ companies, with a wide range of products from cement and ready-mixed concrete to tiles and bathroom products. Prism Cement Prism Cement manufactures Cement with the brand na
Slide 25: Investor Relations Contact and Safe Harbour
www.prismjohnson.in PRISM JOHNSON LIMITED is committed to creating long-term sustainable shareholder value through successful implementation of its growth plans. The company’s investor relations mission is to maintain an ongoing awareness of its performance among shareholders and financial community