Financial Data Report LUX ISLAND RESORTS LIMITED (THE GROUP) for the period ending 30.Jun.2015
Equity Statistics Particulars Units 15-Sep-15 Current Market Price MUR 62.50 52 week H/L* MUR 63.50 / 51.00 Market Capitalisation MUR Mn 8,549.16 P/B Times 1.99 P/E Times 21.26 Dividend Yield % 1.60 *The 52W/H 52W/L prices are not adjusted to cater for Share Splits/Bonus Issues/Rights Issues and other corporate actions taking place within the 52 week period. Value Traded (MUR 000) 140000 120000 124689 100000 80000 80539 83481 60000 40000 20000 46396 56425 38215 39933 22355 53337 22890 45411 13391 0 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Period 3 Months 6 Months 1 Year 3 Years Stock Returns (%) Stock Returns Index Returns Relative Return 4.86 (10.06) 14.92 27.27 (5.54) 32.82 13.64 (9.49) 23.13 105.56 4.33 101.23 Page 2
Shareholding Pattern (%) (30.06.2015) 25.88 22.43 42.01 8.28 1.39 Individuals Insurance and Assurance Companies Pensions and Provident Funds Investment and Trust Companies Other Corporate Bodies Annual Financial Snapshot Income Statement Year Ended 30-Jun-12 30-Jun-13 30-Jun-14 30-Jun-15 Total Income (MUR Mn) 3,702.6 3,759.17 3,971.01 4,660.42 Growth in Total Income (%) 1.53 5.64 17.36 Operating Revenue (MUR Mn) 3,702.1 3,760.61 3,958.18 4,654.75 Growth in Operating Revenue (%) 1.58 5.25 17.60 Per Share Data (MUR) Year Ended 30-Jun-13 30-Jun-14 30-Jun-15 BVPS 21.22 22.30 29.49 31.36 Diluted EPS 0.24 0.91 2.38 2.94 Key Financial Ratios Year Ended 30-Jun-13 30-Jun-14 30-Jun-15 EBITDA Margin (%) 18.02 20.60 22.57 22.61 PAT Margin (%) 0.90 2.93 7.20 8.06 PAT Margin on Total Income (%) 0.90 2.93 7.18 8.05 RoCE (%) NM/NA 5.73 7.16 7.80 RoE (%) NM/NA 4.44 9.65 9.80 Debt to Equity (times) 2.23 1.97 1.37 0.98 Interest Coverage (times) 1.08 1.52 2.34 2.89 Page 3
Annual Financial Statistics Income Statement (MUR Mn) Year Ended 30-Jun-13 30-Jun-14 30-Jun-15 Operating Revenue (Includes Other Operating Revenue) 3,702.06 3,760.61 3,958.18 4,654.75 Other Income (Includes changes in fair value, extraordinary & exceptional items or any other income from non-operating source) 0.58-1.44 12.83 5.68 Total Income (Operating + Other income) 3,702.6 3,759.17 3,971.01 4,660.42 Cost of Sales / Operating Expenses 3,046.98 2,996.77 3,077.32 3,602.71 EBITDA 667.05 774.50 893.42 1,052.39 Depreciation, Amortization & Impairments 309.91 313.55 308.58 372.81 EBIT 357.14 460.95 584.85 679.58 Interest Expenses 331.49 303.44 250.04 234.94 PBT 14.26 145.41 335.07 449.96 PAT 33.14 110.26 284.95 375.10 Balance Sheet (MUR Mn) Year Ended 30-Jun-13 30-Jun-14 30-Jun-15 No. of Shares (Number) 114,034,651 114,034,651 114,034,651 136,786,535 Total Equity 3,597.40 3,707.44 4,436.73 5,765.15 Long Term Debt 4,762.88 4,397.47 3,775.48 3,313.72 Non Current Liabilities 53.93 48.17 51.17 59.90 Short Term Debt 640.41 600.22 830.85 891.42 Current Liabilities 725.00 783.96 831.57 1,153.25 DTL 307.27 310.33 416.40 429.57 Total Equity & Liabilities 10,086.88 9,847.59 10,342.20 11,613.01 Tangible Assets 7,545.67 7,608.74 7,925.90 9,119.34 Intangible Assets 1,177.98 1,164.84 1,073.76 1,475.08 Investment 239.34 217.63 232.45 - Non Current Assets 238.01 0.04 0.05 0.01 Long Term Receivables - 2.17 - - Cash & Bank Balance 130.08 121.67 108.30 98.18 Trade Receivable 606.25 604.50 893.40 734.15 DTA 46.21 36.10 21.28 44.73 Inventories 103.36 91.92 87.07 141.53 Other Current Assets - - - - Total Assets 10,086.88 9,847.59 10,342.20 11,613.01 Total Current Assets 839.68 818.08 1,088.76 973.85 Total Current Liabilities 1,365.41 1,384.17 1,662.42 2,044.67 Trade Receivable (Non Current+Current) 606.25 606.66 893.40 734.15 Capital Employed 8,183.91 7,898.79 8,436.87 8,984.67 Tangible Networth 2,419.42 2,542.60 3,362.98 4,290.07 Page 4
Annual Financial Statistics (cont..) Per Share Data (MUR) Year Ended 30-Jun-13 30-Jun-14 30-Jun-15 BVPS 21.22 22.30 29.49 31.36 Diluted EPS 0.24 0.91 2.38 2.94 DPS - - 0.50 1.00 Growth Y-o-Y (%) Year Ended 30-Jun-13 30-Jun-14 30-Jun-15 Growth in Total Income 1.53 5.64 17.36 Growth in EBITDA 16.11 15.36 17.79 Growth in PAT 232.70 158.44 31.64 Growth in EPS 279.17 161.54 23.53 Key ratios Year Ended 30-Jun-13 30-Jun-14 30-Jun-15 EBITDA Margin (%) 18.02 20.60 22.57 22.61 PAT Margin (%) 0.90 2.93 7.20 8.06 PAT Margin on Total Income (%) 0.90 2.93 7.18 8.05 RoCE (%) NM/NA 5.73 7.16 7.80 RoE (%) NM/NA 4.44 9.65 9.80 Debt - Equity (times) 2.23 1.97 1.37 0.98 Interest Coverage (times) 1.08 1.52 2.34 2.89 Current Ratio (times) 1.16 1.04 1.31 0.84 Inventory Days 6.19 11.89 10.61 11.58 Receivable Days 29.89 58.76 69.06 63.81 Result Analysis The company reported a profit of MUR 375.10 Mn for the year ended June 30, 2015. For further information, please read the explanatory note giving the definition and interpretation of the ratios and data along with the report. Contact: Saurav Chatterjee saurav.chatterjee@careratingsafrica.com +230-58626551 CARE Ratings (Africa) Private Limited Amit Ramsohoy amit.ramsohoy@careratingsafrica.com +230-59553060 CARE Ratings (Africa) Private Limited Disclaimer This report is prepared by CARE Ratings (Africa) Private Limited (CRAF). CRAF has taken utmost care to ensure accuracy and objectivity while developing this report based on information available in public domain. However, neither the accuracy nor completeness of information contained in this report is guaranteed by CRAF or by the Stock Exchange of Mauritius Ltd (SEM). SEM and CRAF make no representations, give no warranty and disclaim all liability in respect thereof and shall not be held liable for any damage, loss or cost incurred resulting from any error in the information or any use of or reliance on the said information. SEM and CRAF are not responsible for any errors or omissions in analysis/inferences/views or for results obtained from the use of information contained in this report and especially state that SEM and CRAF has no financial liability whatsoever to the user of this report. Appropriate independent advice should be obtained before making any investment or relying on the contents contained in this report. Page 5