S H Kelkar and Company Ltd · NSE:SHK
S H Kelkar and — Q1 FY21 Earnings Presentation
23 slides from S H Kelkar and's earnings presentation, Aug 13, 2020
Slide 1: Submission of Press Release and Earnings Presentation to exchanges
Keva August 12, 2020 To To The Manager The Manager The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P. J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai — 400 001 Bandra (East), Mumbai — 400 051 Scrip Code:
Slide 2: S H Kelkar announces Q1 FY21 results
Keva ‘ e S H Kelkar and Company Limited Corporate Office: L.B.S Marg, Near Balrajeshwar Temple, Mulund (W), Mumbai — 400080 Registered Office: Devkaran Mansion, 36, Mangaldas Road, Mumbai 400 002. S H Kelkar announces Q1 FY21 results Q1 FY21 Revenues from operations at Rs. 191.4 Cr Gross margins sta
Slide 3: Management commentary and key developments
_ Commenting on the performance, Mr. Kedar Vaze, Whole Time Director and Group CEO at SH Kelkar and Company said, “The quarter gone by started amidst an unpredictable operating environment. The spread of the COVID-19 pandemic and the resultant lockdowns caused overall disruption in manufacturing and
Slide 4: Creative Flavours and Fragrances update and balance sheet
_ o In addition, through CFF, SHK continues to broaden its product offerings by cross- selling solutions and sharing R&D & knowledge-base to create and launch innovative products in both countries. Overall, the acquisition is value-accretive and a synergistic business opportunity for SHK over the lo
Slide 5: About S H Kelkar and Company Limited
Keva About S H Kelkar and Company Limited: S H Kelkar and Company Limited (SHK) is the largest Indian-origin Fragrance & Flavour Company in India. It has a long standing reputation in the fragrance industry developed in 96 years of experience. Its fragrance products and ingredients are used as a raw
Slide 6: S H Kelkar and Company Limited Q1 FY21
Crafting Sensorial Delight S H Kelkar and Company Limited Largest Indian-origin Fragrance & Flavour Company Q1 FY21 Earnings Presentation August 12, 2020
Slide 7: Disclaimer
Disclaimer Certain statements and opinions with respect to the anticipated future performance of SHK in the presentation (“forward-looking statements”), which reflect various assumptions concerning the strategies, objectives and anticipated results may or may not prove to be correct. Such forward-lo
Slide 8: Q1 FY21 Results Overview
Crafting Sensorial Delight Q1 FY21 Results Overview
Slide 9: Management Comment
Management Comment Commenting on the performance, Mr. Kedar Vaze, Whole Time Director & CEO at SH Kelkar and Company Ltd. said: “The quarter gone by started amidst an unpredictable operating environment. The spread of the COVID-19 pandemic and the resultant lockdowns caused overall disruption in man
Slide 10: Consolidated Summarized P&L Statement
Consolidated Summarized P&L Statement Particulars (Rs. crore) Q1 FY21 Q1 FY20 Y-o-Y Change (%) Revenues from Operations (Sales excluding Excise & GST) 191.4 271.5 -30% Other Operating Income 1.1 2.9 -62% Total Operating Income 192.5 274.4 -30% Other Income 4.1 1.4 193% Total Income 196.6 275.8 -29%
Slide 11: Key Developments: Creative Flavours and Fragrances acquisition
Key Developments Update on Creative Flavours and Fragrances Acquisition of the remaining equity stake of Creative Flavours and Fragrances In January 2018, SH Kelkar had entered into an agreement to acquire 100% share capital of Italy based - Creative Flavours and Fragrances SpA (CFF) in tranches,
Slide 12: Key Developments: Performance Update of CFF
Key Developments Update on Creative Flavours and Fragrances Performance Update of CFF: January - June 2020 Despite a challenging operating environment in Europe due to the spread of COVID-19 pandemic, CFF delivered a steady performance during January-June 2020 period CFF – Key financials Particula
Slide 13: Key Developments: Balance sheet and demand outlook
Key Developments Healthy balance sheet profile As on June 30, 2020, cash from operations stood strong at Rs.61.48 crore. Strong financial and operating discipline including maintaining a tight working capital cycle and adequate inventories enabled the Company to support its business commitments du
Slide 14: Q1FY2021 Financial and Operational Discussions (Y-o-Y)
Q1FY2021 Financial and Operational Discussions (Y-o-Y) Revenues from operations stood at Rs. 191.4 crore as against Rs. 271.5 crore The spread of the COVID-19 pandemic and the resultant lockdowns caused overall disruption in manufacturing and business activities, particularly in the months of Apri
Slide 15: Fragrance Division
Fragrance Division Net Revenue & Operating Profit Fragrance division reported a de-growth primarily 36 owing to disruptions on account of the Covid-19 26 pandemic both in domestic FMCG industry as well as in key international markets 244 176 The segment witnessed strong traction in demand from t
Slide 16: Flavour Division
Flavour Division Net Revenue & Operating Profit 4 Flavour division reported a muted performance on account of disruptions caused due to the spread of COVID-19, especially in the months of 0 28 April and May 15 In June, the segment saw improved momentum in enquiries and leads, which continued in
Slide 17: Balance Sheet Snapshot – As on June 30, 2020
Balance Sheet Snapshot – As on June 30, 2020 Networth Fixed Assets Cash & Investments Net Debt 12 Note: Figures in Rs. crore
Slide 18: Cash Flow Snapshot
Cash Flow Snapshot Particulars (Rs. crore) FY16 FY17 FY18 FY19 FY20 Q1FY21 Cash flow from Operations 86 102 103 77 205 61 Cash flow from investing activities -22 -96 -221 -137 -40 -4 Net 64 6 -117 -60 165 57 Note: Cash and cash equivalent includes investments in mutual fund Low capital intensive b
Slide 19: Key Financial Ratios
Key Financial Ratios Particulars (Rs. crore) FY16 FY17 FY18 FY19 FY20 Q1FY21 EBITDA margin (%) 17.1 17.9 18.0 14.9 14.9 18.3 PAT Margin (%) 7.8 10.6 8.8 8.2 6.4 7.6 Debt to Equity 0.1 0.1 0.2 0.4 0.4 0.4 Return on Networth (%) 13.9 14.3 13.8 12.0 10.0 8.4 Return on Capital Employed (%) 21.0 22.7 20.
Slide 20: Annexure
Crafting Sensorial Delight Annexure
Slide 21: Conference Call Details
Conference Call Details S H Kelkar and Company – Q1 FY21 Earnings Conference Call Time • 02.00 PM IST on Thursday, August 13, 2020 Primary dial-in number • +91 22 6280 1141 • +91 22 7115 8042 India Local access Number • +91 70456 71221 (Available all over India) • Hong Kong: 800 964 448 Internationa
Slide 22: About Us
About Us S H Kelkar and Company Limited (SHK) is the largest Indian-origin Fragrance & For further information please contact: Flavour Company in India. It has a long standing reputation in the fragrance industry developed in 96 years of experience. Its fragrance products and Ms. Deepti Chandratre i
Slide 23: Thank You
Crafting Sensorial Delight Thank You
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