Shri Keshav Cements & Infra Ltd · BSE:SKCIL
Shri Keshav Cements & Infra — Q3 FY25 Earnings Presentation
37 slides from Shri Keshav Cements & Infra's earnings presentation, Feb 13, 2025
Slide 1: Cover letter to BSE: Revised Investor Presentation
Date: 13/02/2025 To, The General Manager, Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001. Dear Sir, Sub: Revised Investor Presentation for the Quarter and Nine Month ended 31/12/2024. Ref: Scrip Code: 530977 Scrip Name: SHRI KESHAV CEMENTS AND
Slide 2: Shri Keshav Cements & Infra Limited Q3 FY25 Investor Presentation
SHRI KESHAV CEMENTS & INFRA LIMITED Q3 FY25 Investor Presentation
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Shri Keshav Cements & Infra Limited (SKCIL, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securitie
Slide 4: Q3 & 9M FY25 Result Highlights
Q3 &9M FY25 RESULT HIGHLIGHTS
Slide 5: Management Commentary On Q3 & 9M FY25 Financial Result
Management Commentary On Q3 & 9M FY25 Financial Result SHRI VENKATESH KATWA (EXECUTIVE DIRECTOR AND CHAIRMAN) “We are pleased to report strong performance in Q3 FY25, demonstrating significant progress in both financial and operational metrics. Our EBITDA grew by an impressive 88% compared to Q2 FY2
Slide 6: Q3 FY25 Key Financial Highlights
Q3 FY25 Key Financial Highlights Particulars Q3 FY25 Q3 FY24 YoY In ₹ Cr Revenues 28.10 34.01 Other Income 0.94 0.63 Total Income 29.04 34.63 -16.14% Raw Material costs 16.27 18.85 Employee costs 1.47 0.70 Other expenses 3.93 3.39 Total Expenditure 21.66 22.94 EBITDA 7.38 11.69 -36.87% EBIDTA(%) 26.
Slide 7: 9M FY25 Key Financial Highlights
9M FY25 Key Financial Highlights Particulars 9M FY25 9M FY24 YoY In ₹ Cr Revenues 83.02 90.43 Other Income 2.62 1.71 Total Income 85.64 92.13 -7.05% Raw Material costs 49.88 50.23 Employee costs 4.44 2.82 Other expenses 11.16 9.18 Total Expenditure 65.47 62.23 EBITDA 20.17 29.91 -32.57% EBIDTA(%) 24
Slide 8: Company Overview
Keshav COMPANY OVERVIEW
Slide 9: Shri Keshav Cement @ A Glance
Shri Keshav Cement @ A Glance MISSION VISION “ To Provide Quality Cement with “ Grow and continue to modernize Timely Delivery” every year” Incorporated in the year 1993 Shri Keshav Cement & Infra Limited (SKCIL), formerly Katwa Udyog Limited, is engaged in the manufacturing of Cement and Solar Powe
Slide 10: Company Journey
Company Journey Added another 3 Capex - Added another MW solar plant Purchased in 20 Tons Increased the Raised Capital Increased Grind 12 MW solar capacity At per Day Cement(TPD) Capacity to through Rights Capacity to plant - Cap Cost Biserahalli, plant Public Auction 450TPD Issue - ₹ 28 Cr 150TPD ₹
Slide 11: Competitive Strengths
Competitive Strengths Low cost of Production due to Proven and experienced installation of solar power plant management team Strong sales and Strategic location of our marketing network manufacturing facility Popular brand in regional market Investor Presentation 10
Slide 12: Management Team
Management Team SHRI VENKATESH KATWA (EXECUTIVE DIRECTOR AND CHAIRMAN) o Aged 51, is a graduate MBA from the University of Oklahoma, USA. o He has a wide experience in Cement industry along with International Business and Healthcare Service Automations. o He is responsible for executing projects of
Slide 13: Business Overview
Keshav BUSINESS OVERVIEW
Slide 14: Products & End Usage
Products & End Usage CEMENT IS DESIGNED WITH CHEMICAL AND PHYSICAL ORDINARY PORTLAND CEMENT CHARACTERISTICS TO CONSTRUCT ANY OF THE 53 GRADE OPC FOLLOWING: This grade of cement is widely used in plain and reinforced cement concrete, masonry and plastering, for bridge piers, pre- stressed girders and
Slide 15: Strategically Located Plants With Proximity To Markets & Raw Materials
Strategically Located Plants With Proximity To Markets & Raw Materials With modern instrumentation technology such as Electronic weigh feeders, Centralized control systems and one point control process, the product achieved is constant and superior. Due to availability and usage of high CaO content
Slide 16: Direct Marketing To Target Groups
Direct Marketing To Target Groups SKCIL’s Marketing strategy is based on relationship management and continuous meetings with local Dealers, Builders and Engineers Investor Presentation 15
Slide 17: Solar Power Plant
Solar Power Plant SINCE APRIL 2018, SKCIL MEETING 100% OF ENERGY REQUIREMENTS THROUGH RENEWABLE SOLAR ENERGY. 40 MW SOLAR PLANT SITUATED HELP IN POWER COST 14 MW USED FOR 26 MW SOLD IN THE CAPACITY SOLAR POWER AT KOPPAL, KARNATAKA REDUCTION BY 75% CAPTIVE CONSUMPTION MARKET PLANT The Company is cont
Slide 18: Capacity Utilization
Capacity Utilization CEMENT3 FY22 FY23 FY24 Installed Capacity (TPPA) 3,63,000 3,63,000 3,63,000 Utilization levels 63% 63% 67% SOLAR FY22 FY23 FY24 Installed Capacity (MWH PA) 32 32 40 Utilization levels 99% 99% 100% Investor Presentation 17
Slide 19: Business Segment Wise Revenue Breakup
Business Segment Wise Revenue Breakup 350 600+ 14 CEMENT SOLAR POWER DISTRIBUTORS RETAIL SALES POINT CONSUMERS TOP CLIENT CONTRIBUTION INCREASING 71.40% 45.00 80.00% 40.00 70.00% 35.00 60.00% 30.00 45.00% 50.00% 25.00 42.47 31.92% 36.29% 40.00% 20.00 31.30% 30.00% 15.00 23.37 26.01 20.00% 10.00 21.9
Slide 20: Industry Overview
Keshav INDUSTRY OVERVIEW
Slide 21: Indian Cement Industry Outlook
Indian Cement Industry Outlook Cement Capacity Additions Indian cement demand is projected to grow by 6-7% in FY25. India is the second-largest cement producer in the world and accounts for over 8% of the global installed capacity. Of the total capacity, 98% lies with the private 40 sector and the r
Slide 22: Indian Cement Industry
Indian Cement Industry MARKET SIZE OF INDIA CEMENT INDUSTRY INSTALLED CAPACITY & KEY MARKETS IN EACH OF THE GEOGRAPHIC REGIONS 603 Central (Uttar Pradesh, North (Rajasthan, Madhya Pradesh) Punjab, Haryana) 68.91 MTPA 93.5 MTPA 414 West (Gujarat, East (West Bengal, Maharashtra) Chhattisgarh, Odisha,
Slide 23: Cement Production & Consumption In India
Cement Production & Consumption In India CEMENT PRODUCTION IN INDIA (MILLION TONNES) CEMENT CONSUMPTION IN INDIA (MILLION TONNES) 400 375 375 400 351 351 328 350 328 327 325 350 288 285 285 285 300 300 274 270 271 267 250 250 200 200 150 150 100 100 50 50 0 0 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23
Slide 24: Growth Drivers & Opportunities
Growth Drivers & Opportunities The demand of Cement industry is expected to achieve 550 - 600 million tonnes per annum constantly by 2025 because of the expanding requests of different divisions i.e. housing, commercial construction and industrial construction. HOUSINGProblem AND REAL ESTATE Problem
Slide 25: Last 5 Quarters Performance
Last 5 Quarters Performance In ₹ Cr Particulars Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Revenue 28.10 24.48 30.44 36.02 34.01 Other operating income 0.94 0.88 0.80 0.83 0.63 Total Income 29.04 25.36 31.24 36.85 34.63 Raw material Consumed 16.27 16.17 17.44 20.02 19.73 Employee Cost 1.47 1.61 1.35 0.
Slide 26: Financial Overview
Keshav FINANCIAL OVERVIEW
Slide 27: Profit & Loss Statement
Profit & Loss Statement In ₹ Cr Particulars FY24 FY23 FY22 Revenues 126.45 123.24 113.79 Other Income 2.54 2.13 2.30 Total Income 128.99 125.37 116.09 Raw Material costs 70.25 70.72 64.67 Employee costs 3.72 4.08 3.72 Other expenses 13.56 13.93 10.62 Total Expenditure 87.53 88.21 79.02 EBITDA 41.45
Slide 28: Balance Sheet
Balance Sheet In ₹ Cr In ₹ Cr Equities & Liabilities FY24 FY23 FY22 Assets FY24 FY23 FY22 Equity 17.51 12.00 12.00 Non Current Assets Reserves 84.96 36.63 9.69 Fixed assets 270.42 213.22 215.53 Net Worth 102.47 48.63 21.69 Non-current investments 0.04 0.02 0.00 Non-current Liabilities Other Non-Curr
Slide 29: Key Financial Highlights
Key Financial Highlights (In ₹ Cr) EBITDA & EBITDA Margin (%) (In ₹ Cr) (In ₹ Cr) Total Income Operating Cash Flow 128.99 55 40.00% 33.10% 32.78% 33.37 32.04 125.37 45 30.15% 35.00% 30.00% 35 23.21 25.00% 116.09 25 20.00% 15.00% 15 10.00% 5 37.66 37.15 41.45 5.00% -5 FY22 FY23 FY24 0.00% FY22 FY 23
Slide 30: The Way Forward
Keshav THE WAY FORWARD
Slide 31: Project Successfully Completed
Project Successfully Completed The new kiln is scheduled to commence operations in March 2025 Investor Presentation 30
Slide 32: Fund Raise For Cement Plant Expansion & Modernization
Fund Raise For Cement Plant Expansion & Modernization Equity Share - Preferential Basis Name of Allottee Amount (In ₹ Cr) Total Amount of Fund Raised – ₹ 45.98 Cr Public 45.98 The entire fundraise of ₹45.98 Cr was sourced from the public. Equity Share - Preferential Basis This capital will enable th
Slide 33: Expansion Will Increase Capacity With Huge Cost Savings
Expansion Will Increase Capacity With Huge Cost Savings Sr No Problem Solution Result Project Cost (₹ Cr) Savings p.a. (₹ Cr) PH designed for 1200 TPD with higher Low Production and inefficient use of Install high efficiency PH Cyclones heat retention in a calciner to use 1 machinery. Results in hig
Slide 34: SWOT Analysis
SWOT Analysis STRENGTH WEAKNESS • Experienced management team Restricted regional presence • Strategic location of the manufacturing facility – proximity to raw material and no major regional competition (only two other companies have plant set up) • Strong brand presence in Tier III market region •
Slide 35: Stock Data
Stock Data BSE: 530977 | ISIN: INE260E01014 As on 12-02-2025 SHARE HOLDING PATTERN As on 31-12-2024 Share Price (₹) 168.00 Market Capitalization (₹ Cr) 294.04 Promoter & Promoter Group 39% Public No. of Shares Outstanding 1,75,12,752 61% Face Value (₹) 10.00 52 week High-Low (₹) 319.25-163.55 SHARE
Slide 36: Investment Rationale
Investment Rationale Additional 3MW Solar Power Expansion The company has received government approval for an additional 3MW of solar power generation, bringing the total capacity of its solar power plant to 40MW. Solar Power Drives Major Profit A significant portion of the company's profits comes f
Slide 37: Thank You
THANK YOU Shri Keshav Cement Infra Limited 215/2, 'Jyoti Tower', 6th Cross, Nazar Camp Karbhar Galli, Madhavpur Vadgaon, Belagavi – 590 005 Karnataka Tel.: 09108009041 Website: www.keshavcement.com Email: [email protected] Kirin Advisors Private Limited 713-B, Lodha Supremus II, Wagle Estate, Th
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