Shankara Buildpro Limited · NSE:BUILDPRO
Shankara Buildpro — Shankara Building Products — Q2 FY2022 Earnings Presentation
16 slides from Shankara Buildpro's earnings presentation, November 2021
Slide 1: Q2 & H1 FY22 Results
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Slide 2: Safe Harbor
Safe Harbor 2 This presentation and the accompanying slides (the “Presentation”), which has been prepared by Shankara Building Products Limited (the “Company”), has been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe fo
Slide 3: Leading Building Material Retailer
Leading Building Material Retailer 3 Mysore, Karnataka Thiruvalla, Kerala 0.45 Retail Space mn sqft Products 75+ Nellore, Andhra Pradesh Chennai, Tamil Nadu SKUs 30,000+ States/UT 9/1
Slide 4: Strong Recovery in Q2 & H1 FY22
Strong Recovery in Q2 & H1 FY22 4 Q2 FY22 Q2 FY21 Q2 FY22 Q2 FY21 Rs. 606 Crs Rs. 488 Crs Rs.22 Crs Rs.20 Crs 24.1% 10.1% Revenue H1 FY22 H1 FY21 EBITDA H1 FY22 H1 FY21 Rs. 1,051 Crs Rs. 834 Crs Rs. 41 Crs Rs. 11 Crs 26.0% 280.6% Q2 FY22 Q2 FY21 Rs. 9 Crs Rs.6 Crs 43.5% PAT H1 FY22 H1 FY21 Rs. 15 Cr
Slide 5: Q2 & H1FY22 Operational Highlights
Q2 & H1FY22 Operational Highlights 5 ▪ Achieved Top line growth of 24% during the quarter and 26% during the H1. Revenue increase was despite lower store count ▪ Collective efforts taken by the Company during the pandemic resulted in net profit Rs.9 Cr. in Q2FY22 and Rs.15 Cr. in H1FY22 ▪ Stable Per
Slide 6: Q2 & H1Y22 Financial Highlights
Q2 & H1Y22 Financial Highlights 6 Total Revenue EBITDA PAT +24.1% +10.1% +43.5% 606 22 9 20 488 6 Q2FY21 Q2FY22 Q2FY21 Q2FY22 Q2FY21 Q2FY22 +26.0% +280.6% 1,051 41 15 834 11 H1FY21 H1FY22 H1FY21 H1FY22 -19 H1FY21 H1FY22
Slide 7: Revenue Break-Up
Revenue Break-Up 7 Revenue across Verticals (Rs. Crs) Revenue share across Verticals 1,051 Retail Channel Enterprise H1FY21 H1FY22 834 18% 21% 621 492 218 23% 59% 59% 195 212 147 20% Retail Channel Enterprise Total H1 FY21 H1 FY22 ✓ Revenue for the quarter at ~124% of last year sales ✓ End customer
Slide 8: Efficient Working Capital Management
Efficient Working Capital Management 8 Net working capital days Increase due to second wave of covid 85 76 63 57 59 Operating cash flow as of September 2021 stood at Rs. 38 Crs Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 ▪ The company’s consistent efforts taken during H1FY22 helped to improve Net working cap
Slide 9: Pickup across all segments
Pickup across all segments 9 In Rs. Crs Total Revenue Retail Channel Enterprise +24.5% +17.5% +30.4% 24% 352 126 127 606 107 283 98 488 Q2FY21 Q2FY22 Q2FY21 Q2FY22 Q2FY21 Q2FY22 Q2FY21 Q2FY22 ✓ Retail Business Update: Pick up seen in Retail business during the quarter. Individual house building pick
Slide 10: Pickup across all segments
Pickup across all segments 10 In Rs. Crs Total Revenue Retail Channel Enterprise +8.8% +48.5% 26% +26.2% 1,051 212 218 621 195 834 492 147 H1FY21 H1FY22 H1FY21 H1FY22 H1FY21 H1FY22 H1FY21 H1FY22 ✓ Retail Business Update: During H1 The throughput from each store has increased substantially despite le
Slide 11: Revenue Break-up H1 FY22
Revenue Break-up H1 FY22 11 H1 FY21 H1 FY22 Revenue mix across States Revenue mix across States 13% 12% 16% 15% 45% 46% 12% 12% 8% 6% 8% 8%
Slide 12: Operational Efficiencies
Operational Efficiencies 12 Q2FY22 Q1 FY22 Q4 FY21 Q3 FY21 Q2 FY21 No. of Retail Stores 90 90 95 101 115 Average Ticket Size Rs.35,761 +3.5% Rs. 34,563 Rs. 33,982 Rs. 34,942 Rs. 30,640 Revenue from Rs. 352 Crs +30.9% Rs. 269 Crs Rs. 368 Crs Rs. 324 Crs Rs. 283 Crs Retail Stores Significant revenue g
Slide 13: Key Highlights – Retail Business
Key Highlights – Retail Business 13 Particulars Units Q2FY22 Q1FY22 Q4FY21 Q3FY21 Q2FY21 No of retail stores Nos. 90 90 95 101 115 Total Area Sq. Ft 4,34,412 4,34,412 4,47,904 4,71,264 5,20,576 Average Store size Sq. Ft 4,827 4,827 4,715 4,666 4,527 Average Ticket size Rs. 35,761 34,563 33,982 34,94
Slide 14: Consolidated Income Statement
Consolidated Income Statement 14 Particulars (Rs. in Crs) Q2FY22 Q2FY21 Q1FY22 H1FY22 H1FY21 Revenue From Operations 605.7 487.9 445.5 1,051.2 834.0 Other Income 1.3 1.6 0.7 2.0 2.6 Raw Material 562.7 448.5 407.0 969.6 788.5 Employee Expenses 10.4 8.3 9.1 19.5 15.6 Other Expenses 11.8 12.5 11.0 22.8
Slide 15: Consolidated Balance Sheet
Consolidated Balance Sheet 15 Particulars (Rs. in Crs) Sept-21 Mar-21 Particulars (Rs. Mn)- Sept-21 Mar-21 Total Equity 536.7 522.0 Non-current assets 272.4 274.0 Equity Share Capital 22.8 22.8 Other Equity 513.8 499.2 Property, Plant and Equipment 219.6 219.5 Investment Property 8.6 8.6 Non-current
Slide 16: For further information, please contact:
16 For further information, please contact: Company : Investor Relations Advisors : CIN - L26922KA1995PLC018990 CIN - U74140MH2010PTC204285 Mr. Alex Varghese – CFO Ms. Ami Parekh/ Ms. Manasi Bodas [email protected] [email protected] /[email protected] +91 8082466052/ +91 9821043510 w
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