Somany Ceramics Limited · NSE:SOMANYCERA

Somany Ceramics — Q2 FY2019 Earnings Presentation

14 slides from Somany Ceramics's earnings presentation, Nov 1, 2018

  1. Slide 1: Investor Update: Q2/H1'FY19

    SOMANY CERAMICS LTD. Investor Update: Q2/H1’FY19 November 1, 2018

  2. Slide 2: Safe Harbor

    Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Somany Ceramics Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securitie

  3. Slide 3: Key Message

    Key Message Topline growth was under pressure due to conscious credit monitoring resulting in revenue loss of INR 35-40 crores. Reported sales of INR 391 crores in Q2’FY19. Bathware segment continues to grow faster with 11% contribution to overall sales. Sales for the segment was INR 45 crores and I

  4. Slide 4: Performance Snapshot

    Performance Snapshot Capacity Financial Snapshot Sales Mix Sales Volume (Standalone)  Tiles capacity at ~51 msm  Sales of Rs. 391 cr in  Q2’FY19 – Own  Q2’FY19 tiles volume p.a. (excluding outsourcing Q2’FY19 and Rs. 751 cr manufacturing (37%), stood at 12.00 MSM tie ups) in H1’FY19 JVs (41%) &

  5. Slide 5: Tiles Sales Performance by Volume

    Tiles Sales Performance by Volume +6% -4% 12.45 23.00 12.00 21.78 2.66 4.92 2.89 3.88 5.05 8.93 8.53 4.23 4.74 4.88 8.97 9.55 Q2’FY18 Q2’FY19 H1’FY18 H1’FY19 Own Manufacturing JV Others Tiles Own Manufacturing JV Others Tiles Volume Figures in MSM 5

  6. Slide 6: Sales Performance by Value

    Sales Performance by Value* -8% +3% 424.81 751.05 1.81 730.96 4.56 4.17 38.98 390.90 2.32 80.89 59.76 44.62 67.70 97.98 105.80 56.97 164.95 272.45 142.05 295.36 151.37 287.35 144.94 273.69 Q2’FY18 Q2’FY19 H1’FY18 H1’FY19 Own Manufacturing - Tiles Bathware Own Manufacturing - Tiles Bathware JV - Tile

  7. Slide 7: Access to Capacity

    Access to Capacity Own Plants (Tiles) Location Capacity Capacity Utilization Own plant (MSM p.a.) in H1’FY19 tile capacity Kassar Haryana 19.63 75% of 26.28 MSM p.a. Kadi Gujarat 6.65 77% Subsidiary / Associate Plants Equity Capacity Capacity Utilization (Tiles) Stake (MSM p.a.) in H1’FY19 Amora Til

  8. Slide 8: Profit & Loss (Standalone)

    Profit & Loss (Standalone) Particulars Q2’FY19 Q2’FY18 Growth H1’FY19 H1’FY18 Growth (Figures in Rs. crores) Sales (Recomputed)* 390.90 424.81 -8.0% 751.05 730.96 2.7% Sales** 390.90 424.81 -8.0% 751.05 752.92 -0.2% EBIDTA 21.53 45.12 -52.3% 48.32 65.72 -26.5% Depreciation 7.76 6.41 15.22 12.01 Fina

  9. Slide 9: Profit & Loss (Consolidated)

    Profit & Loss (Consolidated) Particulars Q2’FY19 Q2’FY18 Growth H1’FY19 H1’FY18 Growth (Figures in Rs. crores) Net Sales (as published)* 392.42 441.65 -11.1% 772.40 772.27 0.0% EBIDTA 30.78 55.58 -44.6% 66.94 86.67 -22.8% Depreciation 10.75 10.27 21.78 18.99 Finance cost 11.16 10.12 22.74 19.25 Prof

  10. Slide 10: Balance Sheet

    Balance Sheet Particulars Standalone Consolidated (Figures in Rs. crores) Sep’2018 Mar’2018 Sep’2018 Mar’2018 Equity Share Capital 8.48 8.48 8.48 8.48 Reserve & Surplus 550.33 551.25 571.39 572.21 Net Worth 558.81 559.73 579.87 580.69 Minority Interest - - 103.90 95.91 Total Debt 330.57 288.66 603.8

  11. Slide 11: Ratios

    Ratios Working Capital Days* Debt Equity 0.6 81 0.5 0.5 74 61 FY17 FY18 H1FY19 Net Debt Equity 0.4 0.3 0.2 FY17 FY18 H1FY19 FY17 FY18 H1FY19 *Excludes current Investments 11

  12. Slide 12: Shareholding as on 30th September 2018

    Shareholding as on 30th September 2018 Particulars 30th Sept’2018 30th Jun’2018 17.40% Promoters 51.5% 51.5% FII 5.80% 4.7% 4.2% 51.50% DII 20.6% 20.8% 20.60% Bodies Corporate 5.8% 5.7% Others 17.4% 17.8% 4.70% Promoters FII Equity Shares 42,379,426 42,379,426 DII Bodies Corporate Others 12

  13. Slide 13: Dividend Track Record

    Dividend Track Record 135.0% 135.0% 115.0% 100.0% 75.0% FY14 FY15 FY16 FY17 FY18 Particulars (Rs.) Mar’14 Mar’15 Mar’16 Mar’17 Mar’18 Consolidated Book 57.53 66.42 99.11 123.69 137.02 Value Per Share Consolidated Earning 8.25 11.94 16.25 23.15 16.62 Per Share Dividend Per Share 1.50 2.00 2.30 2.70 2

  14. Slide 14: For further information, please contact

    For further information, please contact: Company : Investor Relations Advisors : CIN - L40200WB1968PLC224116 CIN - U74140MH2010PTC204285 Mr. Kumar Sunit – Senior Manager(Finance) Mr. Shogun Jain /Ms. Lekha Nahar [email protected] [email protected] / [email protected] +91 7738377756

Somany Ceramics — Q2 FY2019 Earnings Presentation on 6ix