Somany Ceramics Limited · NSE:SOMANYCERA
Somany Ceramics — Q3 FY2017 Earnings Presentation
16 slides from Somany Ceramics's earnings presentation, Jan 24, 2017
Slide 1: Investor Update - Q3/9M'FY17
SOMANY CERAMICS LTD. Investor Update - Q3/9M’FY17 24th January, 2017
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
Slide 3: Key Message
Key Message The bold step of demonetisation by the Government impacted markets adversely during the quarter; the pain likely to subside in medium to long term and should benefit the branded players going forward Despite the adverse market conditions, reported sales growth of 1.3% in Q3’FY17 and 5.7%
Slide 4: Sanitaryware - French Collection launch
Sanitaryware - French Collection launch Introduced our most premium, luxurious and design-forward offering of French Collection range with it’s trendy designs, superior technology and flawless performance 4
Slide 5: Tiles - Duragres Tiles Launch
Tiles - Duragres Tiles Launch Launched Duragres Planks, the premium range of Faux-Wood Tiles, a decorative range of faux-wood tiles that are remarkably durable, environment friendly and designed to cater to a wide range of tastes and styles 5
Slide 6: Performance Snapshot
Performance Snapshot Q3’FY17 – Gross Sales growth of 1.3% YoY to Rs. 436 cr with PBT margin of 7.6% 9M’FY17 – Gross Sales growth of 5.7% YoY to Rs. 1330 cr with PBT margin of 7.4% Q3’FY17 – 11.15 MSM with a growth of 1.0% YoY PAT – Q3’FY17 at Rs. 20 cr with a growth of 45.6% YoY and 9M’FY17
Slide 7: Sales Performance (Gross)
Sales Performance (Gross) Q3’FY17 v/s Q3’FY16 9M’FY17 v/s 9M’FY16 +1.3% +5.7% 429.86 435.50 1329.55 1257.34 50.02 176.04 76.00 265.94 212.71 635.23 201.29 544.02 152.57 172.77 447.38 518.28 Q3’FY16 Q3’FY17 9M’FY16 9M’FY17 Own Manufacturing JVs Others Figures in Rs.cr 7
Slide 8: Volume Performance - Tiles
Volume Performance - Tiles Q3’FY17 v/s Q3’FY16 9M’FY17 v/s 9M’FY16 +1.0% +5.0% 11.15 32.53 34.17 11.04 0.98 3.67 1.66 6.20 5.25 15.27 4.61 12.43 4.77 4.92 13.90 15.23 Q3’FY16 Q3’FY17 9M’FY16 9M’FY17 Own Manufacturing JVs Others Figures in million square metres 8
Slide 9: Access to Capacity
Access to Capacity Own Plants (Tiles) Location Capacity Capacity (MSM p.a.) Utilization in Owned capacity 9M’FY17 of 25.55 MSM Kassar Haryana 17.13 89% p.a. Kadi Gujarat 8.42 77% Subsidiary / Associates Plants Equity Capacity Capacity (Tiles) Stake (MSM p.a.) Utilization in 9M’FY17 Amora Tiles Pvt.
Slide 10: Profit & Loss – Q3/9M'FY17
Profit & Loss – Q3/9M’FY17 Particulars Q3’FY17 Q3’FY16 Growth 9M’FY17 9M’FY16 Growth Gross Sales 435.50 429.86 1.3% 1329.55 1257.34 5.7% Net Sales 416.53 413.08 0.8% 1272.25 1207.87 5.3% EBIDTA 42.53 31.10 36.8% 124.74 85.98 45.1% Depreciation 6.61 5.24 26.1% 18.19 14.88 22.2% Finance cost 4.40 4.54
Slide 11: Shareholding as on 31st December 2016
Shareholding as on 31st December 2016 31st 30th Particulars Dec’2016 Sep’2016 Promoters 51.5% 51.5% Others FII 4.1% 4.0% 32.1% DII 8.4% 8.6% 51.5% Bodies Corporate 3.9% 3.9% 3.9% Bodies Others 32.1% 32.0% Corporate 8.4% Promoters DII 4.1% Equity Shares 42,379,426 42,379,426 FII 11
Slide 12: 5 Year P&L - Standalone
5 Year P&L - Standalone Particulars FY’12 FY’13 FY’14 FY’15 FY’16 Net Sales 870 1,046 1,256 1,531 1,721 EBIDTA 75 87 84 104 132 Depreciation 18 20 22 22 21 Finance cost 21 20 18 16 16 Profit before tax 36 47 44 66 91* Tax expenses 11 15 16 22 30 Profit after tax 25 32 28 44 61 Cash profits 43 53 51
Slide 13: 5 Year Balance Sheet - Standalone
5 Year Balance Sheet - Standalone Particulars Mar’12 Mar’13 Mar’14 Mar’15 Mar’16 Equity Share Capital 7 7 8 8 8 Reserves & Surplus 117 144 213 246 412 Net Worth 124 151 221 254 420 Total Debt 181 176 170 188 209 Net Block 194 209 219 237 312 Investments 6 9 22 24 36 Net Current Assets 128 133 165 18
Slide 14: 5 Year P&L - Consolidated
5 Year P&L - Consolidated Particulars FY’12 FY’13 FY’14 FY’15 FY’16 Net Sales 876 1,050 1,261 1,535 1,710 EBIDTA 75 88 84 115 152 Depreciation 18 20 21 26 28 Finance cost 21 20 19 21 22 Profit before tax 36 48 44 68 97* Tax expenses 11 16 15 22 31 Profit after tax 25 32 29 46 66 Cash Profit 43 53 53
Slide 15: 5 Year Balance Sheet - Consolidated
5 Year Balance Sheet - Consolidated Particulars Mar’12 Mar’13 Mar’14 Mar’15 Mar’16 Equity Share Capital 7 7 8 8 8 Reserves & Surplus 121 146 215 250 420 Net Worth 126 153 223 258 428 Minority Interest - - 4 5 20 Total Debt 181 177 189 210 264 Net Block 194 209 243 265 387 Investments 5 9 18 20 20 Ne
Slide 16: For further information, please contact:
For further information, please contact: Company : Investor Relations Advisors : Somany Ceramics Ltd. Strategic Growth Advisors Pvt. Ltd. CIN - L40200DL1968PLC005169 CIN - U74140MH2010PTC204285 Mr. R. K. Lakhotia, VP – Finance Ms. Payal Dave /Mr. Shogun Jain [email protected] [email protected] /