Jyoti Resins & Adhesives Ltd. · BSE:JYOTIRES
Jyoti Resins & Adhesives — H1 FY2025 Earnings Presentation
28 slides from Jyoti Resins & Adhesives's earnings presentation, Nov 20, 2024
Slide 1: Cover letter to BSE: Investor Presentation Q2 & H1 FY25
20.11.2024 To, The Manager, BSE Limited, Department of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Script Code: 514448 Dear Sir/Madam, Subject – Investor Presentation of Q2 & H1 FY25 We hereby submit the Investor Presentation of Q2 & H1 FY25. Kindly take the same on
Slide 2: Jyoti Resins and Adhesives Ltd Q2 & H1 FY25 Investor Presentation
JYOTI RESINS AND ADHESIVES LTD Q2 & H1 FY25 Investor Presentation INVESTOR PRESENTATION 1
Slide 3: Safe Harbour Statement
SAFE HARBOUR STATEMENT This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any securities of Jyoti Resins and Adhesives Ltd.(“Euro7000” or "Company“), nor shall part, or all, of this document form the basis of, or be relied
Slide 4: Core Topics
Performance Highlights 01 Quarterly Performance Snapshot | Annual Financial Highlights Business Model 02 Business Model | Our Competitive Edge Way Forward 03 Way Forward Company Background 04 About Us | Our Journey | Our Network | Manufacturing | Our Strengths & Commitment | CORE Management Team | A
Slide 5: Performance Highlights
PERFORMANCE HIGHLIGHTS INVESTOR PRESENTATION 4
Slide 6: Performance Snapshot
PERFORMANCE SNAPSHOT Q2FY25 vs Q2FY24 H1FY25 71.2% 29.7% 24.9% Rs 205.2 mn Rs 1367 mn Gross Margin EBITDA Margin PAT Margin Cash Flow from operation on a Cash & Cash Equivalent Vs 70.6% YoY Vs 33.9% YoY Vs 25.7% YoY reconciled basis (Refer Slide 6) as on 30 Sep 2024 Volume growth was soft led by sea
Slide 7: Reconciliation of Operating Cash Flow
RECONCILIATION OF OPERATING CASH FLOW (Rs mn) H1FY25 H1FY24 Cash flow from operating activities (as per CFS) 4.1 185.0 Added / (Less) back Change in Non current financial assets* (13.8) 0 Change in Other bank balance** 214.9 31.3 Reconciliation of Cash Flow from Operations 205.2 216.3 On Reconciliat
Slide 8: Quarterly Financial Highlights
QUARTERLY FINANCIAL HIGHLIGHTS (All values in Rs Mn.) Q2FY25 Q1FY25 Q2FY24 YoY% H1FY25 H1FY24 YoY% Net Sales 652.5 691.8 629.6 3.6 1,344.3 1,241.4 8.3 Expenditure 458.5 457.5 415.6 10.3 916.0 820.1 11.7 EBITDA 194.0 234.3 214.0 -9.3 428.3 421.3 1.7 EBITDA Margin (%) 29.73% 33.87% 33.99% -426 bps 31.
Slide 9: Annual Income Statement
ANNUAL INCOME STATEMENT (All values in Rs Mn.) FY21 FY22 FY23 FY24 Net Sales 1,012.9 1,819.6 2,612.5 2,573.0 Expenditure 908.6 1,581.9 2,006.3 1,733.9 EBITDA 104.4 237.6 606.2 839.1 EBITDA Margin (%) 10.30% 13.06% 23.20% 32.61% Other Income 64.2 34.5 22.6 68.2 Depreciation 6.2 7.1 14.5 10.9 Interest
Slide 10: Annual Balance Sheet
ANNUAL BALANCE SHEET (All values in Rs Mn.) Equity & Liabilities FY23 FY24 H1FY25 Assets FY23 FY24 H1FY25 Share Capital 120.0 120.0 120.0 Property, Plant & Equipment 472.6 482.3 479.5 Other Equity 939.8 1,542.4 1,786.5 Financial Assets Total Equity 1,059.8 1,662.4 1,906.5 i. Other Financial Assets (
Slide 11: Our Competitive Edge
OUR COMPETITIVE EDGE Low cost Manufacturing; Asset light Diversified Product Portfolio + Overall manpower costs is limited to 15-16% of revenues. + The company offers a wide range of products with + Selling and Distribution expenses maintained under 12% several features and catering to different sub
Slide 12: Way Forward
WAY FORWARD INVESTOR PRESENTATION 11
Slide 13: Way Forward
WAY FORWARD RETURN RATIOS; DEBT FREE; IMPROVE WORKING CAPITAL EFFICIENCY: Continue to maintain +30-40% ROE and +40% ROCE. Stay debt free and generate positive operating cash flows and free cash flows. Keep liabilities for expenses below 30-35% of Revenue (34% for FY24). GROWTH OVER NEXT 3-5 YEARS: O
Slide 14: Company Background
COMPANY BACKGROUND INVESTOR PRESENTATION 13
Slide 15: Vision & Mission, About Us
VISION & MISSION To Acquire National Leadership Position in Wood Adhesives Field In Retail Segment. To be India’s most Preferable Adhesive Brand For The Carpenters , where Our End Users Can find The Best Solution For Gluing The Furniture. We Believe To Continuously Create New Opportunities For Our T
Slide 16: Our Journey
OUR JOURNEY Established in 1994 by Chairman and 2007 company expand capacity to 250 2018- Presence grows to 12 states & capacity 1994 first generation entrepreneur Mr.Jagdish 2007 TPM and enters new markets outside 2019 to 1000 TPM Patel Gujarat IPO in the year 1994-95. Manufacturing Company expands
Slide 17: Our Network Today
OUR NETWORK TODAY 14 ~400 STATES SALES FORCE 38 12,000 BRANCHES ACTIVE RETAILERS 60 350,000 DISTRIBUTORS CARPENTERS INVESTOR PRESENTATION 16
Slide 18: Manufacturing & Operations
MANUFACTURING & OPERATIONS Manufacturing Plant Administrative Offices Our manufacturing plant at Santej, Ahmedabad, Gujarat Our corporate office is at Ahmedabad, Gujarat. We also have Is currently at 2000 TPM (24,000 TPA). an Administrative Office in Mumbai. Other than this we have 38 branch offices
Slide 19: Our Strength & Commitment
OUR STRENGTH High Best Strong Strong High Quality Customer Quick Technical Warehousing Standard Machines Service Delivery Support Facilities Raw Material 14 38 60 ~400 12,000 350,000 & States Branches Distributors Sales force Active Retailers Carpenters COMMITMENT INVESTOR PRESENTATION 18
Slide 20: Second Largest Brand in India, Debt Free, Dividend
+40% Second Largest brand in India Return on Equity Maintained strong ROE & ROCE in Clear lead as 2nd largest FY24 Wood Adhesive brand in India (retail segment) +50-55% Consistent growth in Operating Profit & Net Profit. Return on Capital Employed Both have increased by 1.4x & 1.5x in FY24 (YoY) Deb
Slide 21: Management Team
MANAGEMENT TEAM Jagdish N Patel Chairman Mr. Jagdish N Patel is the first generation entrepreneur and started this company in 1994 eyeing the huge opportunity he saw in the market for organized players in adhesives. With his financial prowess and effective team management capabilities, he built the
Slide 22: Product Portfolio
PRODUCT PORTFOLIO INVESTOR PRESENTATION 21
Slide 23: Diversified Product Portfolio
DIVERSIFIED PRODUCT PORTFOLIO Anti termite Water proof, Anti termite, Cold & Hot press Waterproof, Anti termite, applications Heat & fungal resistant applications Fast drying (2-3 hours) Waterproof, Anti termite, For PVC and Acrylic sheet bonding to Waterproof, Anti termite, Waterproof, Anti termite
Slide 24: Applications
APPLICATIONS USAGE OF OUR PRODUCT PAKKA JOD, HAMESHA INVESTOR PRESENTATION 23
Slide 25: Digital Advertisements
DIGITAL ADVERTISEMENTS INVESTOR PRESENTATION 24
Slide 26: Recent Dealer Events
RECENT DEALER EVENTS Dealer (500+) Meet – Ahmedabad, Gujarat Dealer (200+) Meet – Jodhpur, Rajasthan Dealer (200+) Meet – Vadodara, Gujarat Dealer (300+) Meet – Rajkot, Gujarat INVESTOR PRESENTATION 25 Dealer (550+) Meet – Mumbai, Maharashtra Dealer (175+) Meet –Nashik, Maharashtra
Slide 27: Connecting Users & Dealers Digitally
CONNECTING USERS & DEALERS DIGITALLY Scan barcode & collect Loyalty Points INVESTOR PRESENTATION 26
Slide 28: Thank You!
JYOTI RESINS & ADHESIVES LTD KAPTIFY® Consulting Strategy & Investor Relations | Consulting Email: [email protected] Tel: +91-845 288 6099 | Email: [email protected] Website: www.euro7000.com Website: www.kaptify.in THANK YOU! INVESTOR PRESENTATION 27
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