Shri Keshav Cements & Infra Ltd · BSE:SKCIL
Shri Keshav Cements & Infra — Q2 FY25 Earnings Presentation
36 slides from Shri Keshav Cements & Infra's earnings presentation, Nov 14, 2024
Slide 1: BSE cover letter for investor presentation
Date: 14/11/2024 To, The General Manager, Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001. Dear Sir, Sub: Investor Presentation for the Quarter/Half year ended 30/09/2024 Ref: Scrip Code: 530977 Scrip Name: SHRI KESHAV CEMENTS AND INFRA LIMITED
Slide 2: Shri Keshav Cements & Infra Limited Q2 FY25 Investor Presentation
SHRI KESHAV CEMENTS & INFRA LIMITED Q2 FY25 Investor Presentation
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Shri Keshav Cements & Infra Limited (SKCIL, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securitie
Slide 4: Q2 FY25 Result Highlights
Keshav Q2 FY25 RESULT HIGHLIGHTS
Slide 5: Q2 FY25 Key Financial Highlights
Q2 FY25 Key Financial Highlights Particulars Q2 FY25 Q2 FY24 YoY In ₹ Cr Revenues 24.48 25.15 Other Income 0.88 0.61 Total Income 25.36 25.76 -1.55% Raw Material costs 16.17 13.97 Employee costs 1.61 1.01 Other expenses 3.66 2.83 Total Expenditure 21.44 17.82 EBITDA 3.04 7.34 -58.50% EBIDTA(%) 12.44
Slide 6: H1 FY25 Key Financial Highlights
H1 FY25 Key Financial Highlights Particulars H1 FY25 H1 FY24 YoY In ₹ Cr Revenues 54.92 56.42 Other Income 1.68 1.08 Total Income 56.60 57.50 -1.57% Raw Material costs 33.61 31.39 Employee costs 2.97 2.11 Other expenses 7.23 5.78 Total Expenditure 43.81 39.28 EBITDA 11.11 17.14 -35.14% EBIDTA(%) 20.
Slide 7: Company Overview
Keshav COMPANY OVERVIEW
Slide 8: Shri Keshav Cement @ A Glance
Shri Keshav Cement @ A Glance MISSION VISION “ To Provide Quality Cement with “ Grow and continue to modernize Timely Delivery” every year” Incorporated in the year 1993 Shri Keshav Cement & Infra Limited (SKCIL), formerly Katwa Udyog Limited, is engaged in the manufacturing of Cement and Solar Powe
Slide 9: Company Journey
Company Journey Added another 3 Capex - Raised Capital Added another MW solar plant Purchased in 20 Tons Increased the Increased Grind through Rights 12 MW solar capacity At per Day Cement(TPD) Capacity to Capacity to Issue - ₹ 28 plant - Cap Cost Biserahalli, plant Public Auction 450TPD 150TPD Cror
Slide 10: Competitive Strengths
Competitive Strengths Low cost of Production due to Proven and experienced installation of solar power plant management team Strong sales and Strategic location of our marketing network manufacturing facility Popular brand in regional market Investor Presentation 9
Slide 11: Management Team
Management Team SHRI VENKATESH KATWA (EXECUTIVE DIRECTOR AND CHAIRMAN) o Aged 51, is a graduate MBA from the University of Oklahoma, USA. o He has a wide experience in Cement industry along with International Business and Healthcare Service Automations. o He is responsible for executing projects of
Slide 12: Business Overview
Keshav BUSINESS OVERVIEW
Slide 13: Products & End Usage
Products & End Usage CEMENT IS DESIGNED WITH CHEMICAL AND PHYSICAL ORDINARY PORTLAND CEMENT CHARACTERISTICS TO CONSTRUCT ANY OF THE 53 GRADE OPC FOLLOWING: This grade of cement is widely used in plain and reinforced cement concrete, masonry and plastering, for bridge piers, pre- stressed girders and
Slide 14: Strategically Located Plants With Proximity To Markets & Raw Materials
Strategically Located Plants With Proximity To Markets & Raw Materials With modern instrumentation technology such as Electronic weigh feeders, Centralized control systems and one point control process, the product achieved is constant and superior. Due to availability and usage of high CaO content
Slide 15: Direct Marketing To Target Groups
Direct Marketing To Target Groups SKCIL’s Marketing strategy is based on relationship management and continuous meetings with local Dealers, Builders and Engineers Investor Presentation 14
Slide 16: Solar Power Plant
Solar Power Plant SINCE APRIL 2018, SKCIL MEETING 100% OF ENERGY REQUIREMENTS THROUGH RENEWABLE SOLAR ENERGY. 40 MW SOLAR PLANT SITUATED HELP IN POWER COST 14 MW USED FOR 26 MW SOLD IN THE CAPACITY SOLAR POWER AT KOPPAL, KARNATAKA REDUCTION BY 75% CAPTIVE CONSUMPTION MARKET PLANT The Company is cont
Slide 17: Capacity Utilization
Capacity Utilization CEMENT3 FY22 FY23 FY24 Installed Capacity (TPPA) 3,63,000 3,63,000 3,63,000 Utilization levels 63% 63% 67% SOLAR FY22 FY23 FY24 Installed Capacity (MWH PA) 32 32 40 Utilization levels 99% 99% 100% Investor Presentation 16
Slide 18: Business Segment Wise Revenue Breakup
Business Segment Wise Revenue Breakup 350 600+ 14 CEMENT SOLAR POWER DISTRIBUTORS RETAIL SALES POINT CONSUMERS TOP CLIENT CONTRIBUTION INCREASING 71.40% 45.00 80.00% 40.00 70.00% 35.00 60.00% 30.00 45.00% 50.00% 25.00 42.47 31.92% 36.29% 40.00% 20.00 31.30% 30.00% 15.00 23.37 26.01 20.00% 10.00 21.9
Slide 19: Industry Overview
Keshav INDUSTRY OVERVIEW
Slide 20: Indian Cement Industry Outlook
Indian Cement Industry Outlook Cement Capacity Additions Indian cement demand is projected to grow by 6-7% in FY25. 45 India is the second-largest cement producer in the world and accounts for over 8% of the global installed capacity. Of the total capacity, 98% lies with the private 40 sector and th
Slide 21: Indian Cement Industry
Indian Cement Industry MARKET SIZE OF INDIA CEMENT INDUSTRY INSTALLED CAPACITY & KEY MARKETS IN EACH OF THE GEOGRAPHIC REGIONS 700.00 602.85 600.00 Central (Uttar Pradesh, North (Rajasthan, Madhya Pradesh) Punjab, Haryana) 68.91 MTPA 93.5 MTPA 500.00 413.95 400.00 West (Gujarat, East (West Bengal, M
Slide 22: Cement Production & Consumption In India
Cement Production & Consumption In India CEMENT PRODUCTION IN INDIA (MILLION TONNES) CEMENT CONSUMPTION IN INDIA (MILLION TONNES) 400 400 375 375 351 351 328 350 328 327 325 350 288 285 285 285 300 300 274 270 271 267 250 250 200 200 150 150 100 100 50 50 0 0 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23
Slide 23: Growth Drivers & Opportunities
Growth Drivers & Opportunities The demand of Cement industry is expected to achieve 550 - 600 million tonnes per annum constantly by 2025 because of the expanding requests of different divisions i.e. housing, commercial construction and industrial construction. HOUSINGProblem AND REAL ESTATE Problem
Slide 24: Last 5 Quarters Performance
Last 5 Quarters Performance In ₹ Cr Particulars Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Revenue 24.48 30.44 36.02 34.01 25.15 Other operating income 0.88 0.80 0.83 0.63 0.61 Total Income 25.36 31.24 36.85 34.63 25.76 Raw material Consumed 16.17 17.44 20.02 19.73 14.97 Employee Cost 1.61 1.35 0.91 0.
Slide 25: Financial Overview
Keshav FINANCIAL OVERVIEW
Slide 26: Profit & Loss Statement
Profit & Loss Statement In ₹ Cr Particulars FY24 FY23 FY22 Revenues 126.45 123.24 113.79 Other Income 2.54 2.13 2.30 Total Income 128.99 125.37 116.09 Raw Material costs 70.25 70.72 64.67 Employee costs 3.72 4.08 3.72 Other expenses 13.56 13.93 10.62 Total Expenditure 87.53 88.21 79.02 EBITDA 41.45
Slide 27: Balance Sheet
Balance Sheet In ₹ Cr In ₹ Cr Equities & Liabilities FY24 FY23 FY22 Assets FY24 FY23 FY22 Equity 17.51 12.00 12.00 Non Current Assets Reserves 84.96 36.63 9.69 Fixed assets 270.42 213.22 215.53 Net Worth 102.47 48.63 21.69 Non-current investments 0.04 0.02 0.00 Non-current Liabilities Other Non-Curr
Slide 28: Key Financial Highlights
Key Financial Highlights (In ₹ Cr) EBITDA & EBITDA Margin (%) (In ₹ Cr) (In ₹ Cr) Total Income Operating Cash Flow 128.99 33.37 32.04 125.37 33.1 32.78 23.21 30.15 116.09 37.66 37.15 41.45 FY22 FY23 FY24 FY22 FY 23 FY24 FY22 FY23 FY24 Total Income EBITDA EBITDA (%) CFO Book Value Per Share (In ₹) RO
Slide 29: The Way Forward
Keshav THE WAY FORWARD
Slide 30: Current Expansion Progress
Current Expansion Progress Investor Presentation 29
Slide 31: Fund Raise For Cement Plant Expansion & Modernization
Fund Raise For Cement Plant Expansion & Modernization Equity Share - Preferential Basis Name of Allottee Amount (In ₹ Cr) Promoter & Promoter Group 26.32 Public 19.65 Total Amount of Fund Raised – ₹ 45.98 Cr Total 45.98 This Fund Raise Will Enable The Company To Expand Its Total Cement Capacity From
Slide 32: Expansion Will Increase Capacity With Huge Cost Savings
Expansion Will Increase Capacity With Huge Cost Savings Sr No Problem Solution Result Project Cost (₹ Cr) Savings p.a. (₹ Cr) PH designed for 1200 TPD with higher Low Production and inefficient use of Install high efficiency PH Cyclones heat retention in a calciner to use 1 machinery. Results in hig
Slide 33: SWOT Analysis
SWOT Analysis STRENGTH WEAKNESS • Experienced management team Restricted regional presence • Strategic location of the manufacturing facility – proximity to raw material and no major regional competition (only two other companies have plant set up) • Strong brand presence in Tier III market region •
Slide 34: Stock Data
Stock Data BSE: 530977 | ISIN: INE260E01014 As on 13-11-2024 SHARE HOLDING PATTERN As on 30-09-2024 Share Price (₹) 196 Market Capitalization (₹ Cr) 343.25 Promoter & Promoter Group 39.01 Public No. of Shares Outstanding 1,75,12,752 60.99 Face Value (₹) 10.00 52 week High-Low (₹) 319.25-129.60 SHARE
Slide 35: Investment Rationale
Investment Rationale Additional 3MW Solar Power Expansion The company has received government approval for an additional 3MW of solar power generation, bringing the total capacity of its solar power plant to 40MW. Solar Power Drives Major Profit A significant portion of the company's profits comes f
Slide 36: Thank You
THANK YOU Shri Keshav Cement Infra Limited 215/2, 'Jyoti Tower', 6th Cross, Nazar Camp Karbhar Galli, Madhavpur Vadgaon, Belagavi – 590 005 Karnataka Tel.: 09108009041 Website: www.keshavcement.com Email: [email protected] Kirin Advisors Private Limited 713-B, Lodha Supremus II, Wagle Estate, Th
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