Attock Cement Pakistan Limited · PSX:ACPL
Attock Cement Pakistan — Investor Presentation (October 2023)
16 slides from Attock Cement Pakistan's investor presentation, Oct 31, 2023
Slide 1: Corporate Briefing Session 2023
CORPORATE BRIEFING SESSION CORPORATE BRIEFING SESSION 2023 OCTOBER 31, 2023 AT PSX AUDITORIUM
Slide 2: About the Company
ABOUT THE COMPANY • Located at Hub, District Lasbela, Balochistan, Attock Cement Pakistan Limited (ACPL) is a subsidiary of Pharaon Investment Group Limited, commonly known a Attock Oil Group, which is one of the largest foreign investment group in Pakistan. • The journey of Attock Cement started fr
Slide 3: Sectoral Analysis
Ar <All SECTORAL ANALYSIS
Slide 4: Capacity versus Dispatches
CAPACITY VERSUS DISPATCHES Qty in Million Tons. AVG. GROWTH 2020 2021 2022 2023 PER ANNUM Capacity 69 69 70 74.2 6% Domestic Sales 40.0 48.1 47.5 40.0 (16%) Export 7.8 9.3 5.3 4.6 (13%) Total 47.8 57.4 52.8 44.6 (16)% Growth in % 20% (8%) (16%) Utilization (%) 69 83 75 60 4
Slide 5: Cement Industry Dispatch Analysis Jul–Jun 2023
CEMENT INDUSTRY DISPATCH ANALYSIS JUL – JUN 2023 Qty in Million Tons. INSTALLED SURPLUS REGION` LOCAL EXPORT TOTAL SURPLUS CAPACITY % NORTH 58.0 32.8 1.1 33.9 24.1 42% SOUTH 16.2 7.2 3.5 10.7 5.5 34% TOTAL 74.2 40.0 4.6 44.6 29.6 40% ACPL SURPLUS INSTALLED CAPACITY LOCAL EXPORT TOTAL SURPLUS % 3.0 1
Slide 6: Yearly Review
YEARLY REVIEW FOR THE YEAR ENDED JUNE 30, 2023 VS 2022
Slide 7: Operational Review 2023 vs 2022
OPERATIONAL REVIEW 2023 VS 2022 Qty in M. Tons ‘000 3000 2,305 2,180 1,971 2,056 2400 1,799 1,507 1,582 1800 1,357 1200 548 506 600 217 150 0 Clinker Total dispatches Total Cement Cement Cement Clinker dispatches production (cement+clinker) dispatches dispatches-Local dispatches-Export 2022 2023 7
Slide 8: Profit & Loss Accounts 2023 vs 2022
PROFIT & LOSS ACCOUNTS 2023 VS 2022 25,477 27000 PKR in million 24000 20,479 21000 18000 15000 GP Margin % OP Margin % 12000 18% 22% PBT Ratio % 13% 12% 11% 11% EFFECTIVE TAX RATE PAT Ratio % 9000 5,674 5% 6% 51% 48% 3,702 3,168 6000 2,563 2,888 2,312 1,190 1,372 1,122 1,516 3000 0 Net Revenue GP OP
Slide 9: Quarterly Review
QUARTERLY REVIEW FOR THE PERIOD ENDED SEP’ 30, 2023 VS SEP’ 30, 2022
Slide 10: Operational Review Sep'23 vs Sep'22
OPERATIONAL REVIEW SEP’ 23 VS SEP’ 22 Qty in M. Tons ‘000 700 558 523 600 500 362 356 346 338 314 400 265 300 177 200 49 41 100 8 0 Clinker production Total dispatches Total Cement Cement dispatches- Cement dispatches- Clinker dispatches (cement+clinker) dispatches Local Export SEP' 22 SEP' 23 10
Slide 11: Profit & Loss Accounts Sep'23 vs Sep'22
PROFIT & LOSS ACCOUNTS SEP’ 23 VS SEP’ 22 PKR in million 8000 6,660 7000 6000 4,364 5000 * PBT Ratio % 4% 38% 4000 GP Margin % * PAT Ratio % EFFECTIVE TAX OP Margin % 2,549 17% 17% RATE 3% 23% 3000 7% 6% 32 % 39% 1,133 1,544 2000 735 1,005 307 389 171 1000 55 116 0 Net Revenue GP OP PBT TAXATION PAT
Slide 12: Extracts from Financial Position
EXTRACTS FROM FINANCIAL POSITION PKR in million Q1 - FY 2024 FY 2023 FY 2022 Property, plant & equipment 31,668 31,068 26,730 Other long-term assets 210 210 2,035 Current assets 10,174 10,566 10,479 Investment in Subsidiary held for sale-divestment 912 1,823 - Total Assets 42,985 43,667 39,244 Finan
Slide 13: Capital Expenditure Incurred in Last 5 Years
CAPITAL EXPENDITURE INCURRED IN LAST 5 YEARS PKR in million 7,993 8000 7000 5,056 6000 3,086 5000 4000 3000 953 333 2000 1000 0 2023 2022 2021 2020 2019 13
Slide 14: Dividend Payout Ratio in Last 5 Years
DIVIDEND PAYROUT RATIO (IN %) IN LAST 5 YEARS PKR in million 70 54 50 60 43 43 50 40 27 30 20 10 0 2023 2022 2021 2020 2019 14
Slide 15: Questions and Answers
ATTOCK CEMENT PAKISTAN LIMITED QUESTIONS AND ANSWERS CORPORATE BRIEFING SESSION
Slide 16: Ig
Ig
Attock Cement Pakistan — Investor Presentation (October 2023) on 6ix