Carysil Limited · NSE:CARYSIL
Carysil — FY2016-17 Earnings Presentation
37 slides from Carysil's earnings presentation, May 25, 2017
Slide 1: Investor Presentation Q4 & FY 2016-17
® Investor Presentation Q4 &FY 2016-17 2016 17 May 25, 25 2017 German Engineered
Slide 2: Disclaimer
Disclaimer This presentation may contain statements which reflect Management’s current views and estimates and could be construed as forward looking statements. The future involves certain risks and uncertainties that could cause actual results to differ materially from the current views being expre
Slide 3: Content
Content Economic Environment Company Overview Financial Highlights Growth Strategy gy & Outlook 3
Slide 4: Economic Environment
Economic Environment 4
Slide 5: Economic Environment
Economic Environment Economy gained momentum towards the end of the year and modest improvement p witnessed in the domestic macro business environment GDP growth expected to be about 6.7% in FY17 about 1% lower than the previous year Demonetization in NovNov’16 16 hurt the overall demand in do
Slide 6: Company Overview
Company Overview 6
Slide 7: Introduction
Introduction Incorporated in 1987 Markets its products under the brand names “CARYSIL” & “STERNHAGEN”. IMS ((Integrated g Management g System) y ) Certification for ISO 9001:2008,, ISO 14001:2004 OHSAS 18001:2007 management systems and other international product certifications. Exports to more than
Slide 8: Journey
Journey y Acrysil started it’s first international subsidiary in Germany, Acrysil GmbH Sales jumped threefold, from Rs Domestic sales multiplied from Rs 108 359 lakhs in 1993 to Rs 1,037 lakhs lakhs in 2001-02 to Rs 868 lakhs in 2010-11. Export turnover crossed the Incorporated by Mr. Ashwin Parekh
Slide 9: Board of Directors Profile
Board of Directors Profile Shri Chirag A. Parekh, Chairman & Managing Director • Shri Ashwin Parekh laid the foundation of Acrysil. Shri Chirag Parekh has magnificently steered from 2008 to bring Acrysil as one of the top Granite Sink manufacturing Companies in world . • He heads the company as a Ma
Slide 10: A Premier Kitchen Sink and Appliances Company
A Premier Kitchen Sink and Appliances Company Brand Distribution Product Network- basket Gallery Manufacturing 10
Slide 11: Product Sales & Marketing
Product Sales & Marketing • Domestic Market • ~1000+ 1000 dealers A Acrysil il Ltd Ltd. • Galleries ~ 65 • ~100 new galleries planned to be opened in next 3 years • For Export market • Acrysil is having OEM customers and Brand Domestic Export distributors. Market Market. • Major markets are USA, Fra
Slide 12: Product Portfolio
Product Portfolio Acrysil Ltd. Kitchen Bath Segment - Commercial Segment - Sternhagen Kitchen Carysil Quartz Wash Quartz Bath SS Food & WC Kitchen Applianc Basin Tiles Fittings Sinks Waste Sinks es Disposer Built Wine Microwave Cooking Chimneys Dish Cook Chillers Ovens Range Hoods in Washer tops Ove
Slide 13: Products in Kitchen Segment
Products in Kitchen Segment Acrysil Ltd. Kitchen Segment Quartz Kitchen Food Waste SS Sinks Appliances Commercial Sinks Disposer Kitchen 13
Slide 14: Products in Bath Segments
Products in Bath Segments • Sternhagen products ranges comprises of sanitary ware, bathroom fittings from Germany. • Sternhagen washbasins are made from Sani-Q. All washbasins are designed by EMAMIDESIGN. Since its establishment, EMAMIDESIGN won 52 international awards, among them the Red Dot Award
Slide 15: Global Foot print
Global Foot print Company presently exports to over 43 countries. Plan to expand further by acquiring new customers and penetrating in new geographies. Customer Relationship Group company operations Target Customer Relationship in next three years 15
Slide 16: Recognitions
Recognitions Awards & Accomplishments ISTSISSSTEEA> © NUFACTURING. INNOVATION ees “1 2 Certificate of (Betieoemene Ietusiry 2.0 recog Atevemmersts of Ss. a ~ IPF Fastest Growing Manufacturing FGI’s Award - Best Exports Compny Award. Performance & Promotion. Certificate for best CSR FGI’s Award - Pra
Slide 17: Financial Highlights
Financial Highlights g g 17
Slide 18: Financials: FY 2016-17
Financials : FY 2016-17 Standalone Consolidated PARTICULARS (Rs. Lacs) FY 2016 2016-17 17 FY 2015 2015-16 16 Growth % FY 2016 2016-17 17 FY 2015 2015-16 16 Growth % Revenue From Operations 14169.73 13886.15 2.0% 18130.96 17382.51 4.3% EBITDA 2295.47 2051.05 11.9% 3173.7 3117.96 1.8% EBITDA % EBITDA-
Slide 19: Revenue Growth-FY 2016-17
Revenue Growth-FY 2016-17 Segment wise Revenue (Indian Business) Rs Lacs PARTICULARS FY 2016-17 FY 2015-16 Growth % Granite Sink 12,215 11,937 2.3% Steel Sink 1 507 1,507 1 305 1,305 15 5% 15.5% Appliances, F&F 1,488 1,009 47.4% Total 15,210 14,251 6.7% Geography Wise Revenue (Indian Business) Rs La
Slide 20: Financials-FY 2016-17 (UK Subsidiary)
Financials-FY 2016-17(UK Subsidiary) HOMEST YLE PRODUCT S LT D Particulars Amt in GBP % FY 2016-17 FY 2015-16 Growth Sales/ Income From p Operation 3,878,418 3,393,918 14.3% EBIDT A 817,040 699,536 16.8% EBIDT A % 21.07% 20.61% XXXX PBT 805,056 688,131 17.0% PBT % 20.76% 20.28% XXXX PAT 740,865 548,
Slide 21: Export Earnings-YoY
Export Earnings- YoY 120,00,000 99,29,336 100,00,000 90,02,602 80 00 000 80,00,000 FCY 60,00,000 49,04,119 40,00,000 37,71,791 20,00,000 7,68,270 5,09,740 - USD EURO GBP FY 2015-16 FY 2016-17 21
Slide 22: Revenue Growth-YoY
Revenue Growth-YoY 20000 18097.84 18000 17382.52 16000 13886.15 14136.61 14000 12710 4 12710.4 12000 11640.56 Rs in Lacs 10370.95 10646.07 10000 8000 7844.93 7957.81 6000 4000 2000 0 2012-13 2013-14 2014-15 2015-16 2016-17 Standalone Consolidated Linear (Consolidated) 22
Slide 23: Profitability (Consolidated)-YoY
Profitability (Consolidated)-YoY 4000 3500 3117.96 3134.24 3000 2500 2422.92 Rs in Lacs 2000 1919.9 1775.4 R 1578.38 1578.38 1500 1380.61 1316.49 1035.99 1091.16 1000 873.1 772.27 616.32 483.36 500 0 2012-13 2013-14 2014-15 2015-16 2016-17 EBITDA PBT PAT Linear (EBITDA) Linear (PBT) Linear (PAT) 23
Slide 24: Geography wise Revenue
Geography wise Revenue 16,000 15,210 , 14,251 14,000 12,000 10,099 10,148 10,000 nue in Lacs 8,000 Reven 6,000 5,062 4,152 4,000 2,000 - E Export t Sales S l D Domestic ti SSales l T t l Total FY 2015-16 FY 2016-17 24
Slide 25: Geography wise Sales Pie
Geography wise Sales Pie Indian Businesses FRANCE 14% Other 25% FRANCE INDIA USA UK INDIA 5% 28% CANADA CANADA UK 7% Other USA 21% 25
Slide 26: Segment wise Sales-YoY
Segment wise Sales-YoY Indian Businesses 16,000 15,212 14,251 14,000 11,937 12,217 12 000 12,000 10,000 Rs Lacs 8,000 R 6,000 4,000 2 000 2,000 1 305 1,305 1,507 1,488 1 009 1,009 - Granite Sink Steel Sink Appliances, F&F Total Products FY 2015-16 FY 2016-17 26
Slide 27: Sales Mix
Sales Mix Indian Businesses FY 2016-17 10% 10% 80% Granite Sink Steel Sink Appliances& Others 27
Slide 28: Revenue QoQ
Revenue QoQ 6,000 4,976 5,000 4,835 4,348 4,348 4,040 3,974 4,001 4,000 3,901 3,830 3,905 3,410 3,496 3,210 Rs Lacs 3,040 3,032 2,982 3,000 2,000 1,000 - Q1-15-16 Q2-15-16 Q3-15-16 Q4-15-16 Q1-16-17 Q2-16-17 Q3-16-17 Q4-16-17 Standalone Consolidated 28
Slide 29: Revenue Geography wise-QoQ
Revenue Geography wise-QoQ Sales-QoQ 4,500 4,014 4,000 3,893 3,632 3,500 3,390 3,274 3,158 3,190 3,079 3,062 3,000 2,748 2,667 2,437 , 2 410 2,410 2 500 2,500 Rs Lacss 2,203 2,095 2,094 2,000 , 1,500 ,3 1,347 1,095 953 955 968 1,000 864 884 814 500 - Q1-16 Q2-16 Q3-17 Q4-17 Q1-17 Q2-17 Q3-17 Q4-17 E
Slide 30: Growth Opportunities & Outlook
Growth G th Opportunities O t iti & Outlook 30
Slide 31: Growth Opportunities
Growth Opportunities Acrysil Strength • Sole manufacturer of quartz sinks in India • Cost competitiveness in manufacturing of quatrz sinks • Manufacturing specialized Quadro Stainless Steel Sinks • Strong & well established partnerships as OEM supplier • Strong domestic dealer network • Focus on R&D
Slide 32: Growth Opportunities
Growth Opportunities Growth to be driven by existing as well as new products and geographies New Product Line New Product Line Existing Product Line (Existing Domain) (New Domain) New products in material New products in material Existing Products which category already dealt with category not alrea
Slide 33: Premium Products: Moly Series
Premium Products which will strive growth for the C Company iin coming i years – Bathroom B th S Sanitary it ware Moly Series 33
Slide 34: Premium Products: Shin Series
Premium Products which will strive growth for the C Company iin coming i years – Bathroom B th S Sanitary it ware Shin Series 34
Slide 35: Premium Products: Pent Series
Premium Products which will strive growth for the C Company iin coming i years – Bathroom B th S Sanitary it ware Pent Series 35
Slide 36: Business Outlook
Business Outlook Signed MOU with a foreign customer for supply of Granite Kitchen Sink worth $7 Million(Rs.45 Crores approx). Increasing Production capacity by 60000 units , installing 11 new molds to meet additional demands. Bath B th segmentt will ill be b driver di t growth to th in i nextt
Slide 37: Thank You
THANK YOU B-307,Citi Point,J.B Nagar , Andher i(East),Mumbai-400059 (India) Tel: +91-22-4015 7817/18/19,Email: [email protected]