PRISM JOHNSON LIMITED - Amazon AWS

PRISM JOHNSON LIMITED

Ref. : ASK/UD/2021-22/Q-4 IP May 11, 2022

The National Stock Exchange (India) Ltd., BSE Limited, Exchange Plaza, Bandra-Kurla Complex, Corporate Relationship Department, Bandra (East), Mumbai-400 051. P. J. Towers, Dalal Street, Fort,

Mumbai - 400 023. Code: PRSMJOHNSN Code : 500338

Dear Sir,

Pursuant to Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith a copy of the Investor Presentation dated May 11, 2022.

Thanking you,

Yours faithfully,

for PRISM JOHNSON LIMITED

~

ANEETA S. KULKARNI COMPANY SECRETARY

Encl. : As above

Corporate Office: "Rahejas", Main Avenue, V.P. Road, Santacruz (W), Mumbai- 400 054. India. T: +91-22-61042200/ 66754142 / 43 / 44 Registered Office: Prism Johnson Limited. 305. Laxmi Niwas Apartments, Ameerpet. Hyderabad - 500 016. India.

(W): www.prlsmJohnson.in, (E): [email protected]

CIN:L26942TG1992PLC014033

I N V E S T O R P R E S E N T A T I O NF o r T h e Q u a r t e r E n d e d M a r c h 2 0 2 2

integratedAMONGST INDIA’S LEADING

BUILDING MATERIALS COMPANIES

M a y 1 1 , 2 0 2 2

INVESTOR PRESENTATIONFor The Quarter Ended March 2022

www.prismjohnson.in

Capacity~11 million m3; 97 plants pan-India

Products Ready-Mixed Concrete AggregatesManufactured Sand

PresencePan India presence, catering mainly to urban real estate and infrastructure sectors

Capacity ~64 million m2 of own and JV tile capacity across 11 locations in India

Products Tiles: Ceramic, Vitrified and

Industrial Sanitary-ware & Faucets Engineering Marbles & Quartz

PresencePan India presence, catering to the aspirational and affordable consumption segment and industrial segment

Capacity5.6 MTPA at Satna, Madhya Pradesh

Products / Brands Ordinary Portland Cement (OPC) Portland Pozzalana Cement

(PPC): Champion Premium PPC Products:

Champion Plus and Duratech

PresenceRegional presence catering mainly to Eastern Uttar Pradesh, Madhya Pradesh and Bihar

2

Prism Johnson: An Integrated Building Materials Company


www.prismjohnson.in

3

₹ 6,143 millionFY22 EBITDA

FY22 EBITDA declined by 12.4%; Prism Cement EBITDA / ton declined from ₹ 962 in FY21 to ₹ 709 on account of

lower sales volumes and higher costs; HRJ EBITDA grew by 47.9% to ₹ 2,351

million

270 bps decline in EBITDA margin due to pressure on Prism Cement EBITDA; HRJ reported healthy EBITDA

margin of 10.6% (+ 190 bps); Prism RMC EBITDA Margin

improved by 270 bps to 0.7%

EBITDA MarginEBITDA

Prism Cement constituted 41.3% of FY22 revenues; HRJ constituted 38.1% and Prism

RMC constituted 20.6%₹ 58,265 million

FY22 Revenue

Revenue MixPrism Cement

41.3% HRJ38.1%

Prism RMC20.6%

FY22 revenue grew by 9.4% led by strong growth in both HRJ and Prism RMC divisions;

Prism Cement revenue declined 6.9% YoY due to

lower sales volume

Revenue

Executive Summary: Consolidated (Ex. RQBE) FY22 Financial Performance Snapshot (1/2)

EBITDA Margin

8.1

%

10

.2%

10

.3%

13

.2%

10

.5%

FY1

8

FY1

9

FY2

0

FY2

1

FY2

2


www.prismjohnson.in

4

Strong Balance Sheet

Net Debt to EBITDA at 2.0x as on March 31, 2022;

Net Debt / Equity stood at 0.9x as of March 31, 2022; ₹ 3.6 billion prepaid out of the debt repayment obligaiton of

₹ 5.7 billion due in FY23

Decline in EBITDA Margin led to ROCE# contraction from

18.2% in FY21 to 13.5% in FY22; Capital

Employed increased by 4.7% to ₹ 25,880 million in FY22

ROCENet Debt

Operating Free Cash Flow (FCF) (pre-capex and

investments) was ₹ 4,060 million in FY22

Operating FCF

Efficient management of Working Capital;

Working Capital Days maintained at 18 days

Working Capital

Executive Summary: Consolidated (Ex. RQBE) FY22 Financial Performance Snapshot (2/2)

40

40 44

18

18

FY1

8

FY1

9

FY2

0

FY2

1

FY2

2

Cash Conversion Cycle*

ROCE

19

,52

7

18

,56

2

18

,64

2

12

,34

3

12

,53

4

4.4 3.0 3.11.8 2.0

8.0

6.0

4.0

2.0

0.0

2.0

4.0

6.0

FY1

8

FY1

9

FY2

0

FY2

1

FY2

2

0

2,0 00

4,0 00

6,0 00

8,0 00

10, 000

12, 000

14, 000

16, 000

18, 000

20, 000

Net DebtNet Debt to EBITDA

Operating Free Cash Flow

* Cash Conversion Cycle = Inventory Days + Debtor Days – Creditor Days

# FY21 and FY22 EBIT includes Other Income for ROCE calculation2

,98

1

4,3

90

3,9

30

9,3

00

4,0

60

FY1

8

FY1

9

FY2

0

FY2

1

FY2

2

13

.5%

15

.5%

13

.2%

18

.2%

13

.5%

FY1

8

FY1

9

FY2

0

FY2

1

FY2

2


www.prismjohnson.in

5

Sales Performance

EBITDA Performance

Prism Cement

Cement & clinker sales volume declined 25.4% YoY from 1.90 million tons in Q4 FY21 to 1.42 million tons in Q4 FY22; Share of premium cement increased from 28.9% in Q4 FY21 to 30.2% in Q4 FY22

HRJ

HRJ consolidated revenues grew 12.1% YoY from ₹ 6,142 million in Q4 FY21 to ₹ 6,885 million in Q4 FY22; Domestic tiles sales volume grew 2.0% YoY in Q4 FY21

Prism RMC

Prism RMC revenues grew 6.5% YoY from ₹ 3,316 million in Q4 FY21 to ₹ 3,530 million in Q4 FY22

Prism Cement

Increase in costs and lower volumes led to 53.3% YoY decline in EBITDA per ton from ₹ 875 in Q4 FY21 to ₹ 408 in Q4 FY22; EBITDA per ton improved by 6.2% sequentially

HRJ

Q4 FY22 consolidated EBITDA grew by 10.9% YoY to ₹ 856 million; EBITDA margin stood at 12.4% as compared to 12.6% in Q4 FY21

Prism RMC

EBITDA margin declined from 6.0% in Q4 FY21 to 2.7% in Q4 FY22

Executive Summary: Q4 FY22 Segment-Wise Business Update


www.prismjohnson.in

6

Near term pressure on EBITDA per ton led by rising fuel prices; Strong medium-term outlook for cement led by demand from housing and infrastructure sectors

Prominent cement company in Satna Cluster with installed capacity of 5.6 MTPA at Satna, Madhya Pradesh

Superior product mix; Premium products (Champion Plus and Duratech) constituted 29.0% of cement volumes in FY22

Capital Employed at around US$ 39 per ton; FY22 ROCE at 13.4% vs. 29.8% in FY21 due to lower EBITDA margin

Growth Plan: Plan to implement greenfield grinding capacity in Eastern Uttar Pradesh of 2.0 MTPA by December 2024

Key Focus Areas: Further increase in volume share of premium products and expand network reach

Capacity

Stable Demand

ROCE

Product Mix

Key Focus Areas

Capex Outlook

Prism Cement: Prominent Cement Player in the Satna Cluster


www.prismjohnson.in

7

Prism Cement: Satna Plant & Key Brands

DuratechAn all-purpose cement that can be used in all types of reinforced cement concrete, pre-cast works, including building terraces, beams, columns & foundations

Champion Plus

Makes the concrete stronger, denser and leak proof, reinforcing the foundation; caters to a large segment of clients, incl. home builders and infrastructure projects

Champion

Has a fine pore structure and is less permeable; Offers durability, compactness and chemical attack resistance; Suitable for a variety of applications, including housing, highways, wells, dams, masonry and plastering


www.prismjohnson.in

55%26%

19%

FY22 Regional Sales Breakup

Eastern UP

Madhya Pradesh

Bihar

25%

75%

FY22 Sales: Trade vs. Non Trade

Non-Trade

Trade

26

.2%

27

.5%

27

.6%

28

.9%

27

.7%

28

.1%

28

.7%

29

.0%

30

.2%

29

.0%

Q1 Q2 Q3 Q4 FY

Premium Products %

FY21 FY22

8

Prism Cement: Share of Premium Products Continues to Rise

Cement and clinker sales volume

declined from 5.82 million tons in FY21 to 5.22 million tons

in FY22

1.1

9

1.3

1

1.4

2

1.9

0

1.3

2

1.2

3

1.2

5 1.4

2

Q1 Q2 Q3 Q4

Cement & Clinker Sales Volume (million tons)

FY21 FY22


www.prismjohnson.in1

,11

6

1,0

12

91

8

87

5 96

21,1

56

90

6

38

5

40

8

70

9

Q1 Q2 Q3 Q4 FY

EBITDA per ton (₹)

FY21 FY22

9

3,4

83

3,5

07

3,4

47

3,4

82

3,4

82

3,4

37

3,5

84 4

,15

4

4,3

94

3,9

03

Q1 Q2 Q3 Q4 FY

Cost per ton (₹)

FY21 FY22

Cost per ton (₹) Q4 FY21 Q4 FY22 % YoY FY22

Power & Fuel 1,084 1,869 72.4% 1,405

Freight & Forwarding 950 981 3.3% 931

Raw Material 548 740 34.9% 669

Employee Cost 222 327 47.3% 334

Other Costs 492 722 46.6% 692

Change in Inventory 186 (244) n/m (128)

Total 3,482 4,394 26.2% 3,903

Cement & clinker sales volume reduced from 1.90 million tons in Q4 FY21 to 1.42 million tons in Q4 FY22; Share of premium products constituted 30.2% of cement volumes in Q4 FY22

EBITDA per ton declined to ₹ 408 in Q4 FY22, mainly on account of higher cost and lower cement sales volume

Plan to implement greenfield grinding capacity of 2.0 MTPA in Eastern Uttar Pradesh by December 2024 for a capex of approximately ₹ 5 billion

Prism Cement: Higher Costs and Lower Volumes Impacted EBITDA per ton


www.prismjohnson.in

73 73 73 7471

73

FY17 FY18 FY19 FY20 FY21 FY22

Power Consumption (Kwh per ton of cement)

63% 60% 50% 43% 39% 41%

37% 40% 50% 57% 61% 59%


Rail-Road Mix (%)

Rail Road

406

391 391382 384

369


Lead Distance (Kilometers)

10

62%

38%

FY22 Fuel Mix (%)

Coal PetCoke

Prism Cement: Key Operating Metrics


www.prismjohnson.in

Wide Distribution Network; 18 large format Experience Centres displaying HRJ’s product range

11

Strong brand with a long standing history of tile manufacturing in India; Operating since 1958

11 tile manufacturing plants (Including JV partners) with total capacity of ~64 million m2; Tile capacity expansion of ~4 million m2 by JV entities during FY22

Key Focus Area: Improving product mix and expanding distribution network

Greenfield tile capacity expansion of 5.5 million m2 at Panagarh, West Bengal by

June 2023 for capex of around ₹ 900 million (excluding land)

Experience

Product Range

Manu. Facilities

Distribution

Key Focus Areas

Expansion Plan

HRJ: Amongst the Leading Tiles & Bath Fittings Companies in India

Wide Product Range: Tiles, Sanitary ware & Faucets, Quartz & Engineering Marbles


www.prismjohnson.in

12

1,8

65

4,8

95

5,4

23

6,1

42

3,5

27

5,4

69

6,3

32

6,8

85

Revenue (₹ million)

FY21 FY22

(47

1)

52

4

76

5

77

2

90

59

8 80

7

85

6

Q1 Q2 Q3 Q4

EBITDA (₹ million)

FY21 FY22Q1 Q2 Q3 Q4

HRJ: Strong Growth in Sales of Domestic Tiles, Sanitary Ware and Bath Fittings

Q4 FY21

Q4 FY22

% YoY FY21 FY22 % YoY

Tiles Volume (million m2) 16.2 15.7 (3.1%) 48.6 53.1 9.3%

Revenue(₹ million) 6,142 6,885 12.1% 18,325 22,214 21.2%

EBITDA(₹ million) 772 856 10.9% 1,590 2,351 47.9%

EBITDA Margin (%) 12.6% 12.4% 8.7% 10.6%

HRJ sales grew by 12.1% YoY from ₹ 6,142 million in Q4 FY21 to ₹ 6,885 million in Q4 FY22

Tiles volume declined 3.1% YoY to 15.7 million m2 in Q4 FY22; Domestic tiles sales volume grew at 2.0% YoY; Exports volume declined by 40.2% YoY due to high sea freight cost and non-availability of containers

Q4 FY22 EBITDA margin stood at 12.4% vs. 12.6% in Q4 FY21 despite increase in input costs; Gas price increased by around 84% YoY to approx. ₹ 62 per SCM at Morbi during Q4 FY22

Revenue from sanitary ware & bath fittings grew 12.7% YoY during Q4 FY22


www.prismjohnson.in

13

HRJ: Key Operating Metrics

68 68 63 60 64

58% 60% 62%59%

69%

0%

10%

20%

30%

40%

50%

60%

70%

0

10

20

30

40

50

60

70

80

FY18 FY19 FY20 FY21 FY22

Tile Manufacturing Capacity (million m2)

Tile Capacity (Own + Joint Ventures) Capacity Utilisation

45.0 44.6 44.848.6

53.1


Tile Sales Volume (million m2)

Tile Sales Volume (Consolidated)

Capacity utilisation increased from around 59% in FY21 to 69% in FY22 due to higher production and sales volume

Tile capacity expansion of ~4 million m2 by JV entities during FY22

Planned greenfield tile capacity expansion of 5.5 million m2

at Panagarh, West Bengal by June 2023

Tiles sales volume grew by 9.3% YoY to 53.1 million m2 in FY22

FY22 domestic tiles sales volume grew by 13.4% YoY; FY22 exports volume declined by 16.1% YoY due to high sea freight cost and non-availability of containers


www.prismjohnson.in

14

HRJ: Growth Opportunities Complementary to Domestic Tiles Business; Leveraging the Johnson Brand & Distribution Network for Johnson Bath Division

213

7741,167 1,041 888464

530

1,1941,840

1,641

677

1,304

2,361

2,881

2,529


Exports Revenue

Engg. Marble & Quartz (₹ million) Tiles (₹ million)

Export businesses affected in FY22 due to high freight rates and container availability issue

Solid medium-term growth potential as many countries implemented anti-dumping duty for exports from China; Export opportunities to open up especially to USA

1,529 1,6181,760

1,970

2,462


Johnson Bath Division


Key Products: Sanitaryware, faucets and bath fittings

Strong growth potential; Healthy industry structure; Brand and after sales service play a key role

Channel expansion, secondary demand generations and plumbers connect program to drive demand


www.prismjohnson.in

15

Ardex Endura: Respectable Brand known for its Technological Prowess

1,3471,548 1,558

1,332

1,684



Prism Johnson’s Joint Venture with Ardex, Germany with a 50% Stake

R&D driven business

Pan India presence with plants in Bengaluru, Baroda, Durgapur, Pune, Nellore, Bhiwadi and Prayagraj

Tile & Stone Installations

Waterproofing Systems

Flooring Solutions

Flooring Adhesives

Concrete Repair, Anchors & Grouts

Decorative Finishes

Note: Interest in Ardex Endura Joint Venture is accounted for using the equity method; 50% of the net profit is reported under Share of Profit (Loss) from Joint Ventures


www.prismjohnson.in

16

HRJ: Wide Product Range with an Innovation Focus

Cool Roof SRI (Solar Reflective Tiles)

Innovations That Differentiate HRJ Tac Tiles

Germ-Free Product Range


www.prismjohnson.in

17

HRJ: Key Brands


www.prismjohnson.in

18

HRJ: Operates 18 Experience Centres Across India

Experience Showroom - Coimbatore

Experience Showroom - Trivandrum

Experience Showroom – Chennai

Experience Showroom - Varanasi


www.prismjohnson.in

19

Amongst the top three players in the RMC sector with pan India presence: Operates 97 plants at 44 locations

Backward integration: Three quarries (aggregates & manufactured sand)

Beneficiary of demand recovery from real estate and infrastructure segments; Good traction in mega business as Prism RMC won several infrastructure projects that will be executed over the next 2-3 years

Three technical labs that are certified by National Accreditation Board for Testing and Calibration Laboratories to ensure strict adherence to quality

Key Focus Areas: Increase plant utilisation levels, increase share of value addedproducts and focus on individual home builder segment

Strong ROCE potential for existing business with improvement in plant capacity utilisation levels

Pan India Presence

Backward Integration

Growth Outlook

Quality Control

Key Focus Areas

Strong ROCE

Potential

Prism RMC: Amongst the Leading RMC Players with a Pan-India Presence


www.prismjohnson.in

72

9

2,1

13 2,9

20

3,3

16

2,3

49

2,9

28

3,1

67

3,5

30


FY21 FY22

20

Q1 Q2 Q3 Q4 (50

0)

50 92 1

98

(88

)

7

73 96

EBITDA (₹ million)

FY21 FY22

Cost rationalisation initiatives led to 270 bps margin expansion; EBITDA increased from ₹ (179) million in FY21

to ₹ 87 million in FY22

Q2 Q3 Q4

Q1

Prism RMC: Increase in EBITDA Margin on a Sequential Basis

Key Metrics FY21 FY22 % Change

Revenue (₹ mn) 9,079 11,975 31.9%

EBITDA (₹ mn) (179) 87 n/m

EBITDA Margin (%) (2.0%) 0.7%


www.prismjohnson.in

21

Prism RMC: Wide Product Range (1/2)


www.prismjohnson.in

22

Prism RMC: Wide Product Range (2/2)


www.prismjohnson.in

23

Raheja QBE General Insurance (RQBE): Performance Summary

New products launched during the quarter:Commercial Lines: Miscellaneous Professional Indemnity, Multimedia Professional Indemnity Policy , Cyber & Data Security Insurance PolicyRetail Lines: Contractor's All Risks

RQBE added 157 partners during Q4 FY22 taking the count of total partners to 3,191 including Agents, Brokers, POSP, IMF, MISP, Web Aggregators and OEM

Q4 FY22 Financial Highlights:• Gross Written Premium: ₹ 1,067 million, growth of 3% over Q4 FY21• Profit / (Loss) Before Tax: ₹ (182) million vs. ₹ (272) million in Q4 FY21

FY22 Financial Highlights• Gross Written Premium: ₹ 3,927 million, growth of 33% over FY21• Profit / (Loss) After Tax: ₹ (964) million vs. ₹ (838) million in FY21• Combined Ratio stands at 143% (vs. 149% in FY21)• Well capitalized with solvency ratio of 2.2x against regulatory minimum of 1.50x• AUM of ₹ 8.15 billion as on March 31, 2022

Update on Sale of RQBE: The regulatory approvals required for completing the transaction are yet to be received. Once the regulatory approvals are received, the parties will proceed to promptly complete the transaction.


www.prismjohnson.in

24

Management Driving Several ESG Initiatives

13% reduction in Prism Cement’s Energy Intensity in FY22 at 13,139 TJ; Emissions Intensity at 613 kg CO2 per ton of cementitious material in FY22

GHG Emissions

Nearly 35% of Prism Cement’s total power requirement met through WHRS and Solar Power during FY22

Green Energy

20% reduction in water intensity for Prism Cement in FY22; Water consumption at 136 liters per ton of cement

Water Consumption

Over 1,35,000 saplings planted by Prism Cement in FY22

Bio-Diversity

Prism Cement’s Lost Time Injury Rate (LTIR): 0.23 in FY22

Safety


www.prismjohnson.in

25

Renovation of Government School at Chormari, Satna

Construction of Bus Shelter at Baghai, Satna

Glimpses of CSR Initiatives

Vocational Skill Development: Sewing Kit Distribution

Motorised Tricycle Distribution at Satna


www.prismjohnson.in

8,2

76

6,1

42

3,3

16

17

,73

5

5,6

75

6,3

32

3,1

67

15

,17

5

6,8

02

6,8

85

3,5

30

17

,21

7

Prism Cement HRJ Prism RMC Consolidated

Consolidated Revenue Ex RQBE (₹ million)

Q4 FY21 Q3 FY22

1,6

64

77

2

19

8

2,6

34

48

0 80

7

73

1,3

60

58

1 85

6

96

1,5

34

Prism Cement HRJ Prism RMC Consolidated

Consolidated EBITDA Ex RQBE (₹ million)

Q4 FY21 Q3 FY22 Q4 FY22

26

Consolidated (Ex RQBE) Financials Summary:Strong Performance by HRJ Division

₹ mn FY18 FY19 FY20 FY21 FY22 % YoY

Revenue 54,217 60,813 58,205 53,261 58,265 9.4%

- Cement 23,723 27,733 25,840 25,857 24,076 (6.9%)

- HRJ 16,854 18,273 18,226 18,325 22,214 21.2%

- RMC 13,640 14,807 14,139 9,079 11,975 31.9%

EBITDA 4,408 6,214 6,013 7,013 6,143 (12.4%)

- Cement 3,492 5,230 5,089 5,602 3,704 (33.9%)

- HRJ 637 599 695 1,590 2,351 47.9%

- RMC 280 385 229 (179) 87 n/m

EBITDA Margin

8.1% 10.2% 10.3% 13.2% 10.5%

- Cement 14.7% 18.9% 19.7% 21.7% 15.4%

- HRJ 3.8% 3.3% 3.8% 8.7% 10.6%

- RMC 2.1% 2.6% 1.6% (2.0%) 0.7%


www.prismjohnson.in

15.6% 15.5%13.2%

18.2%13.5%


ROCE

27

* Incl. Share of profit/(loss) of Associates and Joint Ventures

Consolidated (Ex RQBE) Financials Summary

4143

47

40 50

4343

44

4138

4445 47

63 70

40 4044

1818


Working Capital Days#

Inventory DebtorsCreditors Working Capital

Particulars (₹million)

Q4 FY21

Q3 FY22

Q4 FY22

% QoQ

% YoY FY21 FY22 % YoY

Revenue from Operations 17,735 15,175 17,217 13.5% (2.9%) 53,261 58,265 9.4%

EBITDA 2,634 1,360 1,534 12.8% (41.8%) 7,013 6,143 -12.4%

EBITDA Margin % 14.9% 9.0% 8.9% 13.2% 10.5%

Depreciation & Amortisation 829 740 928 25.5% 12.0% 2,889 3,054 5.7%

Other Income 119 109 129 18.3% 8.1% 387 394 1.8%

EBIT (Incl. Other Income) 1,924 729 734 0.7% (61.9%) 4,511 3,482 (22.8%)

Finance Cost 483 450 430 (4.5%) (11.0%) 2,097 1,847 (11.0%)

Net Profit* 1,840 209 364 74.7% (80.2%) 2,240 1,390 (38.0%)

Net Profit Margin % 10.4% 1.4% 2.1% 4.2% 2.4%

Net Debt 12,343 14,298 12,534 (12.3%) 1.5% 12,343 12,534 1.5%

FCF (Pre-Capex & Investments 3,636 890 2,849 220.2% (21.7%) 9,300 4,060 (56.3%)


www.prismjohnson.in

20,87719,081 19,527 18,562 18,642

12,343 12,534

2.1 1.9 1.9 1.6 1.70.9 0.9

6.45.4

4.43.0 3.1

1.8 2.0

-2.0

0.0

2.0

4.0

6.0

8.0

10.0

0

5,000

10,000

15,000

20,000

FY16 FY17 FY18 FY19 FY20 FY21 FY22

Consolidated Net Debt Ex RQBE (₹ million)

Net Debt Net Debt / Equity Net Debt / EBITDA

28

Consolidated (Ex-RQBE) Net Debt / Equity stood at 0.87x as of March 31, 2022

Consolidated (Ex-RQBE) Net Debt to EBITDA stood at 2.03x as of March 31, 2022

5,716

3,576

2,140

OriginalRepaymentObligation

Repaid / Prepaid/ Refinanced

RepaymentObligation as onMarch 31, 2022

Debt Repayment Obligations (₹ million)

FY23

Strong Balance Sheet


www.prismjohnson.in

29

Particulars (₹ million) Q4 FY21 Q3 FY22 Q4 FY22 % QoQ % YoY FY21 FY22 % YoY

Revenue from Operations 16,890 14,562 16,603 14.0% (1.7%) 50,352 55,688 10.6%

- Prism Cement 8,276 5,675 6,802 19.8% (17.8%) 25,857 24,076 (6.9%)

- HRJ 5,395 5,785 6,342 9.6% 17.5% 15,731 19,871 26.3%

- Prism RMC 3,316 3,167 3,530 11.5% 6.5% 9,079 11,975 31.9%

- Inter segment revenue (98) (66) (71) 7.1% (28.1%) (316) (234) (25.9%)

EBITDA 2,402 1,211 1,475 21.8% (38.6%) 6,161 5,757 (6.6%)

EBITDA Margin % 14.2% 8.3% 8.9% 12.2% 10.3%

Depreciation & Amortisation 754 665 851 28.0% 12.8% 2,526 2,754 9.0%

Other Income 122 109 97 (11.4%) (20.7%) 362 349 (3.5%)

EBIT 1,768 655 720 10.0% (59.3%) 3,997 3,353 (16.1%)

Finance Cost 439 413 392 (5.3%) (10.8%) 1,912 1,702 (11.0%)

Exceptional Items (253) 0 (109) 48 (90)

Profit Before Tax 1,583 242 437 81.0% (72.4%) 2,038 1,741 (14.6%)

Net Profit After Tax 1,733 181 357 97.3% (79.4%) 2,000 1,333 (33.4%)

Net Profit Margin % 10.3% 1.2% 2.1% 4.0% 2.4%

Net Debt 10,399 12,248 10,419 (14.9%) 0.2% 10,399 10,419 0.2%

Standalone Financials Summary


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Mr. Vijay AggarwalManaging Director

Educational Background: B. Tech (Elec.) from IIT, Delhi and PGDM from IIM, Ahmedabad

Tenure in Company: ~25 years

Past work experience: SBI Capital Markets

Other Board Memberships include: AptechLimited, Ardex Endura (India) Private Limited, Raheja QBE General Insurance Company Limited

Management Profile: Experienced Management (1/2)

MBA from FMS, University of Delhi Tenure in Company: Nearly seven years Past Experience: Ambuja Cements, ACC

Vivek K. AgnihotriExecutive Director & CEO – Prism Cement

Sarat ChandakExecutive Director &

CEO – HRJ

B.SC (Hons), and MBA from University of PuneTenure in Company: Over three years

Past Experience: Kajaria Ceramics, RAK Ceramics

B.E. (Chemical) from Gujarat University and MBA (Marketing) from South Gujarat University

Tenure in Company: Nearly six yearsPast experience: Reliance Cement, Ambuja

Cement, GSFC

Atul DesaiExecutive Director &

CEO – Prism RMC


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Aneeta KulkarniCompany Secretary

Company Secretary, LLB, PGDAM (NMIMS) and FIII (Fellow of Insurance Institute of India)

Tenure in Company: Over 26 years Past experience: New India Assurance, Thirumalai

Chemicals and Vijayshree Chemicals

Manish Bhatia Chief Financial Officer

Chartered AccountantTenure in Company: Nearly five years

Past experience: Apollo Tyres, Essar Steel

Rajnish SachetiGroup President Legal &

Indirect Taxes

Company SecretaryTenure in Company: Over 24 years Past experience: Grasim Industries

Management Profile: Experienced Management (2/2)

Prabir RayChief Human Resources

Officer

Mechanical Engineer from Delhi College of Engineering and MBA from FMS, Delhi

Tenure in Company: Over 6 yearsPast experience: Ultratech Cement, ACC


www.prismjohnson.in

104.4

0

400

800

1,200

1,600

0

40

80

120

160

Apr20 Jul20 Oct20 Jan21Apr21 Jul21 Oct21 Jan22Apr22

Absolute Share Price Performance

Value Traded on NSE + BSE (INR mn) (RHS)NSE Share Price (INR)

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Particulars 10-May-2022

NSE Ticker PRSMJOHNSN Share Price (₹) 104.4

52 Week Low – High 102.5 – 160.0

Market Cap (₹ million) 52,550

Average 3-Month Value Traded (₹ million) 56

Indices that Prism Johnson is a member ofNIFTY 500, NIFTY

MIDCAP250

Promoter, 74.9%

DII, 6.2%

FPI, 3.3%

Others, 15.6%

Shareholding Pattern – March 31, 2022

365

192

Apr20 Aug20 Dec20 Apr21 Aug21 Dec21 Apr22

Share Price Performance vs. BSE Sensex

Prism Share Price (NSE) BSE Sensex

Market Information

Note: 1 April 2020 prices rebased to 100


www.prismjohnson.in

PRISM JOHNSON LIMITED is one of India’s leading integrated Building Materials’ Company, with a wide range of products from cement, ready-mixed concrete, tiles and bathroom products.

Prism CementPrism Cement manufactures Cement with the brand name 'Champion' and premium quality grade of cement under‘Champion Plus’ and ‘DURATECH’ brand. It caters mainly to markets of Eastern UP, MP and Bihar, with an average leaddistance of 369 kms in FY22 for cement from its plant at Satna, Madhya Pradesh. Prism Cement has a wide distributionnetwork of around 2,900 active dealers serviced from 150 stock points.

H & R Johnson (India)Established in 1958, H & R Johnson (India) is the pioneer of ceramic tiles in India. HRJ offers end-to-end solutions of Tiles,Sanitary ware, Bath Fittings and Engineered Marble & Quartz. HRJ products are sold under several strong brands, viz.Johnson, Johnson Marbonite, Johnson Porselano and Johnson Endura. In ceramic / vitrified tiles, HRJ along with its JointVentures and subsidiaries has a capacity of around 64 million m2 per annum spread across 11 manufacturing plants acrossthe country.

Prism RMCPrism RMC is one of India’s leading ready-mixed concrete manufacturers. Prism RMC currently operates 97 ready-mixedconcrete plants in 44 cities/towns across the country. Prism RMC has ventured into the Aggregates business and operates 3large quarries and crushers across the country. Prism RMC has been at the forefront in setting high standards for plant andmachinery, production, safety standards, quality systems and product services in the ready-mixed concrete industry.

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About PRISM JOHNSON LIMITED

For additional information, please contact:

Nupur Agarwal | Chief Investor Relations OfficerTel: +91-98198-52256 | +91-22-6675 4142-46

Email: [email protected] | Website: www.prismjohnson.in

Address:

“Rahejas”, Main Avenue, V. P. Road, Santacruz (W), Mumbai—400 054

PRISM JOHNSON LIMITED is committed to creating long-term sustainable shareholder value through successfulimplementation of its growth plans. The company’s investor relations mission is to maintain an ongoing awareness of itsperformance among shareholders and financial community.

Safe HarborCertain statements in this release concerning our future growth prospects are forward-looking statements which involve a number of risks anduncertainties that could cause actual results to differ materially from those in such forward-looking statements. The company does not undertake toupdate any forward-looking statement that may be made from time to time by or on behalf of the company.

mailto:[email protected]

http://www.prismjohnson./

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