Solar Industries India Limited has informed the Exchange about Investor Presentation
SOLAR
Safety • Quality • Reliability
October 29, 2021
To, The Executive Director Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex Bandra (E) Mumbai
Symbol: "SOLARINDS"
To, The Executive Director Listing Department BSE Limited Floor No. 25, PJ Towers Dalal Street Mumbai : 400001 .
Scrip Code: 532725
Sub: Fact Sheet- Presentation on Un-audited Financial Results for the quarter and half year
ended on September 30, 2021.
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 Un-audited Financial Results of the Company for the quarter and half year ended on
September 30, 2021.
The above information is also available on the website of the Company i.e.www.solargroup.com
This is for your information and record.
Kindly acknowledge the receipt of the same.
For Solar Industries India Limited
Manish Nuwal Managing Director & CEO
Solar Industries India Limited Regd. Office: "Solar" House, 14, Kachimet, Amravati Road, Nagpur- 440023, INDIA
( (+91)712-6634555/567
(+91)712-2500200-201 G solar@solargroup.com
CIN : L74999MH1 995PLC085878 #@ www.solargroup.com
Q2FY22 & 1HYFY22
Solar Industries India Ltd
Consolidated Snapshot
Q2FY22 V/S Q2FY21
S A L E S
E B ID T A
P B T
788 Cr.
34 %
587 Cr.
143 Cr.
12 %
128 Cr.
104 Cr.
13 %
92 Cr.
P A T
75 Cr.
10 %
68 Cr.
1HYFY22 V/S 1HYFY21
S A L E S
E B ID T A
P B T
P A T
1613 Cr.
50 %
1078 Cr.
318 Cr.
42 %
224 Cr.
244 Cr.
60 %
153 Cr.
176 Cr.
57 %
112 Cr.
Domestic
Q2FY22 V/S Q2FY21
Quantity (MT) Explosives
Rate Explosives
Value (Cr)
Explosives
Accessories
80337
16%
69195
40874
27%
32074
328
48%
222
84
38%
61
Quantity (MT) Explosives
Rate Explosives
Value (Cr)
Explosives
Accessories
1HYFY22 V/S 1HYFY21
182124
31%
139481
41045
24%
33164
748
62%
463
180
48%
122
Consolidated Quarterly Results
Rs. In Crores
% of Net Sales
Q1FY22
Q2FY22
Q2FY21
% Change
Q1FY22
Q2FY22
Q2FY21
Change
Net Sales
825.23
787.66
587.25
Material Consumed
469.46
441.88
288.72
Employee Cost
67.98
65.53
56.04
Other Expenses
113.07
148.50
116.61
EBIDTA
175.52
142.77
127.75
Depreciation
25.18
27.25
23.85
Interest/ Fin
10.26
11.80
11.67
PBT
TAX
PAT
140.08
103.72
92.23
39.23
28.95
24.60
100.85
74.77
67.63
34%
53%
17%
27%
12%
14%
1%
13%
18%
11%
56.89%
56.10%
49.16%
6.94
8.24%
8.32%
9.54%
(1.22)
13.70%
18.85%
19.86%
(1.01)
21.27%
18.13%
21.75%
(3.62)
3.05%
3.46%
4.06%
(0.60)
1.24%
1.50%
1.99%
(0.49)
16.97%
13.17%
15.71%
(2.54)
28.01%
27.91%
26.67%
1.24
12.22%
9.49%
11.52%
(2.03)
Consolidated Half Yearly Results
Rs. In Crores
1HYFY22
1HYFY21
% Change
1HYFY22
1HYFY21
Change
Net Sales
1612.89
1078.39
Material Consumed
911.34
558.45
Employee Cost
133.51
104.88
Other Expenses
261.57
197.25
EBIDTA
318.29
223.56
Depreciation
52.43
46.64
50%
63%
27%
33%
42%
12%
56.50%
51.79%
4.71
8.28%
9.73%
(1.45)
16.22%
18.29%
(2.07)
19.73%
20.73%
(1.00)
3.25%
4.32%
(1.07)
Interest/ Fin
22.06
23.97
(8%)
1.37%
2.22%
(0.85)
PBT
TAX
PAT
243.80
152.95
68.18
41.35
175.62
111.60
59%
65%
57%
15.12%
14.18%
27.97%
27.03%
10.89%
10.35%
0.94
0.94
0.54
Quarterly Customers
Customer
Q1FY22
% of Sales
Q2FY22
% of Sales
Q2FY21
% of sales
Change YoY
142.66
103.12
216.86
311.72
46.71
4.16
825.23
CIL
Non CIL & Institutional
Housing & Infra
Exports & Overseas
Defence
Others
Total
Q1FY22
6% 1%
17%
38%
12%
26%
17%
12%
26%
38%
6%
1%
46%
118.16
88.61
155.46
357.64
57.17
10.62
787.66
15%
11%
20%
46%
7%
1%
Q2FY22
7% 1%
15%
86.64
53.03
111.53
266.11
56.94
13.00
587.25
15%
9%
19%
45%
10%
2%
36%
67%
39%
34%
0%
-18%
Q2FY21
10%
2%
15%
11%
20%
45%
9%
19%
Half Yearly Customers
Customer
1HYFY22
% of Sales
1HYFY21
% of Sales
Change YoY
CIL
Non CIL & Institutional
Housing & Infra
Exports & Overseas
Defence
Others
Total
260.82
191.73
372.32
669.36
103.88
14.78
16%
12%
23%
42%
6%
1%
185.12
101.68
218.81
473.19
80.40
19.19
1612.89
1078.39
17%
9%
20%
44%
8%
2%
41%
89%
70%
41%
29%
-23%
50%
1HYFY22
6%
1%
16%
1HYFY21
8% 2%
17%
42%
12%
23%
44%
9%
20%
Loan Position (Rs in Crs)
Q2FY22
FY 20-21
Working Capital
Term Loan
₹ 229.96 ₹ 648.46
Working Capital ₹ 194.22 ₹ 593.91 Term Loan
Total Debt
Net Debt
₹ 878.42
₹ 789.56
Total Debt
₹ 788.13
Net Debt
₹ 618.20
Balance Sheet (Extract)
1HYFY22
FY21
Rs in Crs.
Capital Employed
Net Worth
ROCE%
ROE%
Net Debt
Net Debt/ Equity Ratio
Working Capital Days
2279
1696
23.34%
20.21%
789.56
0.47
108
2084
1579
21.23%
17.50%
618.20
0.39
108
Order Book Status
Coal India
SCCL
Defence
The total Order book stands at 2842Crs inclusive of new order from Coal India Ltd of 1471crs
CAPEX
The half yearly capex is ₹ 137 Crs.
The total plan for the year is ₹ 315 Crs.
Shareholding as on 30.09.21
15.61
Mutual Funds
SBI-MF (7.15), Kotak Fund (4.89), HDFC (2.37) , DSP Rock (0.80), Others (0.40)
Promoter’s Holding 73.15%
5.81
4.06
0.58
0.79
FII
Fidelity & Fiam group (4.58), Vanguard (0.47), DFA Investments (0.30), Others (0.46)
Mutual Funds
Public & Others
GIC & its Subsidiaries
FII & FPI
Other Bodies Corporate
Others
ICICI Prudential Life Insurance (0.58)
Solar v/s BSE Mid Cap (Q2FY22)
BSE Midcap
Solar
Return:
33%
12%
Thank You! Solar Industries India Limited
Let’s Rise again…