Professional Documents
Culture Documents
July 2018
1
Safe Harbor
This presentation and the accompanying slides (the “Presentation”), which have been prepared by Acrysil Limited. (the “Company”), have been prepared
solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form
the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by
means of a statutory offering document containing detailed information about the Company.
This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no
representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and
reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may
consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.
This presentation contains certain forward looking statements concerning the Company’s future business prospects and business profitability, which are
subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statements. The risks and
uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage
growth, competition (both domestic and international), economic growth in India and abroad, ability to attract and retain highly skilled professionals, time
and cost over runs on contracts, our ability to manage our international operations, government policies and actions regulations, interest and other fiscal
costs generally prevailing in the economy. The Company does not undertake to make any announcement in case any of these forward looking statements
become materially incorrect in future or update any forward looking statements made from time to time by or on behalf of the Company.
2
Q1FY19 Highlights
Total Revenue
30.6% Rs 60.2 Crs Highest Ever Quarterly Performance
3 As per IND-AS
Q1 FY19 Financial Highlights
4 As per IND-AS
Revenue Mix
Geography-wise Revenue Product-wise Revenue
12% 70%
68%
5% 95% 18%
32%
Q1FY19
Q1FY19
14% 71%
29% 15%
71% Export
Quartz Sink Steel Sink Appliances & Others
Domestic
5
Consolidated Basis
Numero Uno Position
Certification for
ISO 9001:2008, ISO Quartz Sink Capacity : 400,000 sinks
“CARYSIL” &
Brands - per annum in FY18
14001:2004 OHSAS
“STERNHAGEN”
18001:2007
6
Acrysil – Over the Years
Today, Acrysil is India’s only indigenous brand of kitchen sinks made of Quartz
2018
7
Pillars of Integrated Business
Product Segment
Bath
Sinks Appliances
Fittings
APPLIANCES
9
Sinks
10
Only Company to make Quartz Sinks in Asia
Capacity of Quartz Sinks (per annum)
High Margin
The only company in all of Asia and among a few companies worldwide: ▪ Contributes 80% of Product
manufacturing quartz kitchen sinks to global standards of Revenue
▪ ~70% is Exported
quality, durability and visual appeal
400,000
Longevity of
Assets Moulds
2010 2011 2013 2015 2017 ~15 years
Developed more than 100 models to cater to various segments and
markets
Huge Market Potential for Quartz Sinks
13
Kitchen Appliances – Multifold Growth Opportunity
15
Bath Segment – Synergetic Move to Leverage Quartz Technology
Achievements
Won 52 international awards, among them
the Red Dot Award (Best of the Best)
Innovation
Developed full bathroom concepts and
Product Details
will shortly launch the whole range of
Sternhagen washbasins are made from Range of Products bathroom products, including Fittings,
Sani-Q, designed by EMAMIDESIGN WCs, etc.
Premium Sanitary Ware,
Fittings, Highlighter Tiles
Sales
Network
Global Offices
17
Domestic Presence - Strengthening of our Brands
Dealer Network
1300
1200
800
550
400
Distributor Network
80
65
60
45
ARABIAN BAY OF
SEA BENGAL
30
18
in Nos., rounded of to the nearest digits
Moulds an Integral Part of Manufacturing Process
Purchase of Moulds
19
Presence in UK through “Homestyle”
Revenues (Mn. GBP) Purchased 75% stake in Homestyle in June 2014 for ~Rs. 26.50 crores
+120.5%
Other Traded
4.5 Taps & Products, 2%
3.9
Accessories,
2.0 15%
1.2 Steel Sinks,
Products sold under HomeStyle UK 42%
FY15 FY17 FY18 Q1FY19 1. Quartz Sinks
2. Steel Sinks
3. Taps & Accessories
Revenues from Quartz Sink 4. Other Traded Products
Business (Rs. Crores) Quartz
+160.9%
Sinks, 41%
13.0
Q1FY2019
6.6
5.0 4.3
20
FY16 FY17 FY18 Q1FY19
Our Distribution Model
International Domestic
22
Board of Directors
Mr. Chirag A. Parekh
▪ He holds a BBA Degree from premier ' European University’
▪ After joining the company in 1993, he successfully steered it
to become one of the leading brands increasing the turnover
from Rs. 3.5 Crores in 1993 to Rs. 181 crores 2017
▪ He heads the company as the managing director since 2008
23
Awards & Certifications
24
Financials
25
Consistent Growth
Rs. Crores Revenue EBITDA
+20.1% +16.1%
199
174 181 29 28
26
127 24
106 19
80 13
FY13 FY14 FY15 FY16 FY17* FY18* FY13 FY14 FY15 FY16 FY17* FY18*
PAT Cash PAT
+20.5% +15.8%
12 19
11 16
8 9 8 13 13 14
5 9
FY13 FY14 FY15 FY16 FY17* FY18* FY13 FY14 FY15 FY16 FY17* FY18*
26
*As per IND-AS Other Financials as per Indian GAAP Consolidated Financials
Regular Dividend Payout
Dividend
Payout 24 % 19% 20% 17% 27% 26%
including
DDT 23
22
19
18
17
11
5 5 5
4 4
3
28 As per IND-AS
Consolidated Balance Sheet
Liabilities (Rs. Crores) Mar-18 Asset (Rs. Crores) Mar-18
Total Equity 119.5 Non-current assets 117.5
Share capital 5.2 Property Plant & Equipment 87.2
Other Equity 113.0 Goodwill 23.5
Minority Interest 1.3 Intangible Assets 0.5
Non-current liabilities 21.4 Capital Work in Progress 2.1
Financial Liabilities Financial Asset
(i) Borrowings 18.6 (i) Others Non-Current Financial Asset 1.5
Deferred Tax liabilities (Net) 2.4 Other Non Current Assets 2.7
Provisions 0.4 Current assets 142.3
Current liabilities 118.8 Inventories 48.2
Financial Liabilities Financial Assets
(i) Borrowings 62.4 (i) Trade receivables 48.1
(ii) Trade payables 39.6 (ii) Cash and Cash Equivalents 17.0
(iii) Other Financial Liabilities 11.7 (iii) Bank Balances other than above 0.4
Other current liabilities 2.1 (iv) Loans 0.1
Provisions 0.2 (v) Other Current Financial Assets 10.4
Current Tax Liabilities (net) 2.8 Other Current Assets 18.1
Total Liabilities 259.8 Total Assets 259.8
29 As per IND-AS
ACRYSIL LIMITED
For further information, please contact
www.acrysilcorporateinfo.com www.sgapl.net
30