Solar Industries India Limited has informed the Exchange about Investor Presentation
May 3, 2023
To, National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex Bandra (E) Mumbai -400 051 Trading Symbol: “SOLARINDS EQ” Through NEAPS
To, BSE Limited Floor no. 25, PJ Towers Dalal Street Mumbai – 400 001 Scrip Code: 532725 Through BSE Listing Center
Sub: Fact Sheet - Presentation on Audited Financial Results for the quarter and year ended on March 31, 2023.
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Regulations & Disclosure requirements) Regulations, 2015, we are enclosing herewith a copy of the presentation to analysts/investors on Audited Financial Results of the Company for the quarter and year ended on March 31, 2023.
The above www.solargroup.com.
information
is also available on the website of the Company
i.e.
This is for your information and record.
Kindly acknowledge the receipt of the same.
Yours truly,
For Solar Industries India Limited
Khushboo Pasari Company Secretary & Compliance Officer
Q4FY23 & FY23
Solar Industries India Ltd
Snapshot Q4FY23 V/S Q4FY22
Rs in cr.
S A L E S
E B ID T A
1929
46%
1317
369
40%
264
FY23 V/S FY22
S A L E S
E B ID T A
6923
75%
3948
1320 72%
767
P B T
302
38%
219
P B T
1102
82%
607
P A T
221
26%
175
P A T
811
78%
455
Domestic Quantity & Realizations
Explosives
Q4FY23 V/S Q4FY22
Quantity (MT)
Rate (in Rs)
Value (Cr)
Initiating Systems
Value (Cr)
135007
13%
119536
66913 1.5%
65948
903
15%
788
169 44%
117
Explosives
FY23 V/S FY22
Quantity (MT)
Rate (in Rs)
Value (Cr)
Initiating Systems
Value (Cr)
459549
13%
405186
70360 39%
50564
3233 58%
2049
543 36%
398
Quarterly Results
R s . i n c r
% of Net Sales
Q3FY23
Q4FY23
Q4FY22
% Change
Q3FY23
Q4FY23
Q4FY22
Change
Net Sales
1811.75
1928.54
1316.85
Material Consumed
1151.45
1190.69
816.22
Employee Cost
91.71
99.27
88.73
Other Expenses
219.08
281.12
149.08
EBIDTA
356.75
368.80
263.59
Depreciation
Interest/ Fin
32.01
25.46
35.31
31.24
29.63
14.78
111%
46%
46%
12%
89%
40%
19%
63.55%
61.74%
61.98%
(0.24)
5.06%
5.15%
6.74%
(1.59)
12.09%
14.58%
11.32%
3.26
19.69%
19.12%
20.02%
(0.90)
1.77%
1.41%
1.83%
1.62%
2.25%
1.12%
(0.42)
0.50
PBT
TAX
PAT
299.41
302.02
219.18
38%
16.52%
15.66%
16.64%
(0.98)
79.99
81.44
44.39
83%
26.72%
26.97%
20.25%
6.72
219.42
220.58
174.79
26%
12.11%
11.44%
13.27%
(1.83)
Net Sales
6922.53
3947.61
Material Consumed
4342.37
2327.33
Yearly Results
R s . i n c r
% of Net Sales
FY23
FY22
% Change
FY23
FY22
Change
352.72
938.52
1320.44
128.21
90.38
289.63
583.39
766.92
109.25
50.25
1101.58
607.42
75%
87%
22%
61%
72%
17%
80%
81%
62.73%
58.96%
5.10%
7.34%
13.56%
14.78%
19.07%
19.43%
1.85%
1.31%
2.77%
1.27%
15.91%
15.39%
290.41
151.95
91%
26.36%
25.02%
811.17
455.47
78%
11.72%
11.54%
3.77
(2.24)
(1.22)
(0.36)
(0.92)
0.04
0.52
1.34
0.18
Employee Cost
Other Expenses
EBIDTA
Depreciation
Interest/ Fin
PBT
TAX
PAT
Customer
Q3FY23
% of Sales
Q4FY23
% of Sales
Q4FY22
% of sales
Change YoY
Quarterly Customers
R s . i n c r
CIL
Non CIL & Institutional
Housing & Infra
Exports & Overseas
Defence
Others
Total
Q3FY23
6% 1%
17%
314
342
304
729
110
13 1812
17%
19%
17%
40%
6%
1%
304
379
379
737
111
19 1929
15%
20%
20%
38%
6%
1%
262
198
385
389
72
11 1317
20%
15%
29%
30%
5%
1%
16%
91%
-2%
90%
54%
73% 46%
Q4FY23
6% 1%
15%
Q4FY22
5% 1%
20%
40%
19%
38%
20%
30%
15%
17%
20%
29%
Yearly Customers
R s . i n c r
Customer
CIL
Non CIL & Institutional
Housing & Infra
Exports & Overseas
Defence
Others
Total
FY23
1067
1278
1322
2796
396
64 6923
% of Sales
FY22
% of sales
Change YoY
15%
19%
19%
40%
6%
1%
715
537
972
1435
249
40 3948
18%
14%
25%
36%
6%
1%
49%
138%
36%
95%
59%
60% 75%
FY23
40%
6% 1%
15%
6% 1%
FY22
18%
19%
36%
14%
19%
25%
Overseas
(Rs in cr)
Turnover in Crs
FY23
2561
FY22
Change
1197
114%
Turkey
Zambia
Australia
Tanzania
Ghana
Nigeria
South Africa
South Africa
39 vs 10
Borrowing & Capex
Working Capital Loan (in cr)
Term Loan (in cr)
Total Debt (in cr)
Net Debt (in cr)
Net Debt/ Equity Ratio
Net Debt/EBIDTA Ratio
Capex (in cr)
FY23
FY22
333
842
1175
910
0.35
0.69
471
237
631
868
784
0.41
1.02
293
Order Book Status
Order Book stands at Rs.2944 cr
CIL & SCCL Rs.1826 cr
Defence Rs.1118 cr
Shareholding as on 31.03.23
Promoter’s Holding:73.15%
14.30
4.92
6.62
1.01
Mutual Funds
Public & Others
FII & FPI
Other Bodies Corporate
SBI-MF (7.05), Kotak Fund (4.51), HDFC (1.65) , Others (1.09)
Mutual Funds
FII Fidelity, Fiam & Variable group (3.72), Vanguard (0.90), Ishares (0.47) DFA Investments (0.30), Others (1.23)
5000 4800 4600 4400 4200 4000 3800 3600 3400 3200 3000 2800 2600 2400
Solar v/s BSE Mid Cap Apr - Mar 2023
BSE Midcap
Solar
Solar Industries (LHS)
BSE MID Cap (RHS)
Return:
+30%
(1.55%)
29000
27000
25000
23000
21000
19000
Thank You Solar Industries India Limited