Siddiqsons Tin Plate Limited · PSX:STPL
Siddiqsons Tin Plate — Investor Presentation (July 2021)
31 slides from Siddiqsons Tin Plate's investor presentation, July 2021
Slide 1: Siddiqsons Tinplate Limited Corporate Briefing 2020/2021
SIDDIQSONS TINPLATE LIMITED Corporate Briefing : 2020/2021
Slide 2: Group Profile
GROUP PROFILE Siddiqsons Group traces its roots back to 1959 through establishment of Siddiqsons Limited, a textile unit which was a starting point of Denim Dynasty in Pakistan. Since then the Group has expanded into Tinplate, Energy, Construction & Real Estate sectors. Siddiqsons Energy: the Triple
Slide 3: Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR) Siddiqsons Group is providing below listed CSR facilities to the Local communities: • Education • Provision of Water Supply • Health • Games & Sports • Job Opportunities • Plantation Drives
Slide 4: Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR) • Distribution of Scholarships to the meritorious students/Local & Employees. • Free IT Training to Local & Employees at IT Training Center Hub & planning to open IT Training center at Winder. Education • Distribution of Stationaries, Books, Uniforms & other acc
Slide 5: Company Overview
COMPANY OVERVIEW Siddiqsons Tin Plate Limited is the first and only Tin Plate producer in Pakistan. The Company was established in 1996, in collaboration with SOLLAC of France and Mitsubishi Corporation The factory is located at special industrial zone, Windhar, Baluchistan The project has a
Slide 6: Corporate Information
CORPORATE INFORMATION Board of Directors Pattern of Shareholding Entity Rating - Mr. Tariq Rafi Chairman - Mr. Tariq Rafi 19.72% Entity Rating: Long-Term: A- - Mr. Munir Qureshi CEO - M/s. Siddiqsons Limited 15.28% Short-Term: A2 Outlook Stable - Mr. Ibrahim Shamsi Non-Exe. director - M/s. Arcelor M
Slide 7: Company Overview: Key Products & Major Clients
COMPANY OVERVIEW KEY PRODUCTS & MAJOR CLIENTS
Slide 8: Export Markets
EXPORT MARKETS ITALY Afghanistan Saudi Arabia UAE South Africa
Slide 9: Key Highlights
KEY HIGHLIGHTS Significant improvement in operational activities, posting 77% increase in revenue and 47% increase in CAPU; Exports have increased by 147%; Despite of difficult market situation due to high volatility in worldwide steel prices and COVID-19, operational performance has significa
Slide 10: Operational Highlights
OPERATIONAL HIGHLIGHTS (Rs. in 000’s) ▲% March 21 March 20 June 20 Local sales 58 3,169,401 1,999,671 2,905,281 Export Sales 147 1,309,376 531,125 651,167 EBITDA excl. Non-Recurring Items 146 313,839 127,634 87,827 % of sales 7.0% 5.0% 2.5% Net Income / (Loss) after tax 877 131,845 (16,961) (23,144)
Slide 11: Quarterly Operational Analysis
QUARTERLY OPERATIONAL ANALYSIS (Rs. in millions) 1902 1712 1289 1288 1182 1089 45 61 87 QTR.1 QTR.2 QTR.3 Sales COGS PBT
Slide 12: Breakup of Total Cost/Expenses
BREAKUP OF TOTAL COST/EXPENSES Total Cost Cost of Sales 2% 2% 2% 3% 2% 2% COGS 1% Raw material Distribution Cost Salaries, wages and 93% Admin Expenses benefits Fuel and power Other operating expenses 93% Other manufacturing Finance cost cost
Slide 13: Trend Analysis
TREND ANALYSIS Sales Revenue (Rs. in Million) Profit After Tax (Rs. in Million) 4479 128330 131845 4500 140000 4000 120000 3556 3409 100000 86891 3500 80000 3000 2646 58888 2538 60000 2500 2119 40000 2000 20000 1500 0 2016 2017 2018 2019 2020 Mar 21 1000 -20000 -23144 500 -40000 -60000 0 2016 2017 2
Slide 14: Trend Analysis
TREND ANALYSIS Quantity Produced (In M.Ton.) Quantity Sold (In M.Ton.) 24471 24061 24285 25000 27000 26436 25727 19478 26000 19051 25230 20000 18221 25000 24402 15000 23784 24000 23000 22489 10000 22000 5000 21000 0 20000 2016 2017 2018 2019 2020 Mar 21 2016 2017 2018 2019 2020 Mar 21
Slide 15: TMBP Complex (SEZ, Hub)
TMBP COMPLEX (SEZ, HUB) PROJECT HIGHLIGHTS
Slide 16: Project Highlights
PROJECT HIGHLIGHTS Total Production Capacity= 175,000 MT p.a. Capacity of TMBP Project • TMBP=120,000 MT p.a. • CRC=55,000 MT p.a. Total Cost PKR 8.5 billion (financed by 60% debt and 40% equity) Expenditure Incurred PKR 2,346,498,672 (two billion three hundred forty-six million four hundred uptill
Slide 17: Project Milestones Achieved
PROJECT MILESTONES ACHIEVED 1. Main Plant Building – Completed 2. Foundations of Equipment – Completed 3. Office cum Residential Building – Completed 4. 17MW (132kV/11kV) Electric Power Grid Station & Transmission Line – Under Construction 5. Over Head Cranes (04 Nos.) & Gantry Crane (01 No) – are a
Slide 18: Project Status
PROJECT STATUS Main Plant Buildings 1. PPL Building Completed 2. CRM Building Completed 3. RCL & Finished Goods Building Completed Civil Foundation of Equipment 1. Push Pull Pickling Line Completed 2. 6Hi Cold Reversing Mill Nearly complete 3. Electrolytic Cleaning Line Completed 4. Bell Type An
Slide 19: Project Status
PROJECT STATUS Over Head Cranes 1. PPL 02 Nos. Are at Site 2. RCL 02 Nos. Are at Site 3. Gantry Crane 01 No. Are at Site
Slide 20: Dispute Status
DISPUTE STATUS - Arbitration case filed by CISRI in Singapore on August 26th,2021. - Schedule finalized by Singapore Arbitrator for final hearing shall be conducted during January,2022.
Slide 21: Pictorial Review of Project Site
PICTORIAL REVIEW OF PROJECT SITE Tin Mill Black Plate Complex
Slide 22: Pictorial Review of Project Site
PICTORIAL REVIEW OF PROJECT SITE Tin Mill Black Plate Complex
Slide 23: Pictorial Review of Project Site
PICTORIAL REVIEW OF PROJECT SITE Tin Mill Black Plate Complex
Slide 24: Pictorial Review of Project Site
PICTORIAL REVIEW OF PROJECT SITE Office cum Residential Building
Slide 25: Pictorial Review of Project Site
PICTORIAL REVIEW OF PROJECT SITE PPL Pre-Engineered Building
Slide 26: Pictorial Review of Project Site
PICTORIAL REVIEW OF PROJECT SITE PPL Process area Equipment Foundation PPL Exit Section Equipment Foundation
Slide 27: Pictorial Review of Project Site
PICTORIAL REVIEW OF PROJECT SITE Choker Dechoker Equipment BAF Equipment Foundation Foundation
Slide 28: Pictorial Review of Project Site
PICTORIAL REVIEW OF PROJECT SITE RCL Equipment Foundation
Slide 29: Future Outlook
FUTURE OUTLOOK A review petition has been filed with National Tariff Commission for review of Anti dumping duty on import of TMBP, and NTC has asked Engineering Development Board to revisit the capabilities of local producers, inviting STPL’s representative in the technical team; Decrease in ele
Slide 30: Q & A
Q&A email: [email protected]
Slide 31: Thank You
THANK YOU
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