Slide 1: Investor Presentation cover letter to exchanges
PTC INDUSTRIES LIMITED Advanced Manufacturing & Technology Centre NH 25A, Sarai Shahjadi, Lucknow 227 101 Uttar Pradesh, India Date: September 23, 2023 To, To National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Bandra Kurla Department of Corporate Services - Listing Com
Slide 2: Towards Parity
TO WA R D S PA R I T Y SACHIN AGARWAL 22ND SEPTEMEBER 2023 © 2023 ptcil.com
Slide 3: PTC at a Glance
PTC at a Glance © 2023 ptcil.com
Slide 4: Our Journey: The Origins
Our Journey THE ORIGINS 1960s 1970s Satish Chandra Agrawal Begun with a dream of creating a new capability in the country New Indigening technology Capabilities Import replacements for Import replacements for First investment Costing Foundry First step towards in India self-relience Established Plas
Slide 5: Our Journey 1980s
Our Journey Make in India Bringing technology Introducting automotion Make for the world Technical col abenions or Venture into exports enhancing capability further Set up of in house First ever Robotic-Shell Coating research labs system developed and installed 1980s Award winning technologies-Rapid
Slide 6: Our Journey 2010s
Our Journey THE LEAP Time India Special Innovator of the Year 2010s One of 16 Hidden Gems Harnessing intrinsic capability CII Industrial Innovation Awards Identified as fast growing Rolls Royce Cost Leadership Award company with constant innovation Uttar Pradesh Gomti Gaurav Award Over 6,000 single
Slide 7: Our Journey
Our Journey Cleans & Green Robotics and automation Advanced manufacturing Building a new capability from Global Latest methodologies ground up best practices and processes Sustainable manufacturing Reuse & Recycle technologies Clean energy from solar solar Best in class State of the Design and techn
Slide 8: Our Journey: Towards Parity
Our Journey Profound and long lasting benefits for the nation 2019 TOWARDS PARITY A path to excellence, enrichment, prosperity Experimentation of development through automation and robotics © 2023 ptcil.com
Slide 9: It's the proficient team which are the strong pillar of the company
It’s the proficient team which are the strong pillar of the company MBA in Operations – Mr. Priya Ranjan Agarwal Mr. Alok Agarwal University of Tulsa, Director, Marketing Director, Quality & Technical Oklahoma & M. Sc in Finance - Boston College, Massachusetts Industry Experience Ms. Smita Agarwal J
Slide 10: Our Core Values
Our Core Values Our values define who we are, how we operate, and where we're headed. Our values are defined by the word ASPIRE, which stands for : Agility Sustainability Passion Integrity Respect Endurance responding and taking responsibility for inspiring others with own being known for honesty, c
Slide 11: Our focus on Human Resource Development
Our focus on Human Resource Development Comprehensive HR Trasformation Scope with detailed timeline and project plan. High Level Project Timeline Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 jun-23 jul-23 Aug-23 PwC Holiday (25-31 Dec) W1 W2 W3 W4 W5 W6 W7 W8 W9 W10 W11 W12 W13 W14 W15 W16 W17 W
Slide 12: Our focus on Human Resource Development
Our focus on Human Resource Development Training and Competency Development Framework. This relates to ability to manage job and develop LEADERSHIP interaction with the other Create COMPETENCY persons. For example- (L4) Problem solving. Evaluate JOB/ (L4) This relates to functional TECHNICAL capacit
Slide 13: Our efforts are getting recognised
Our efforts are getting recognised PO Handover by SAFRAN AIRCRAFT ENGINES at #AeroIndia 2023 MoU Signing with DASSAULT AVIATION at #AeroIndia 2023 Raksha Mantri’s Award at #DefExpo2022 AEROLLOY / PTC exhibited at the Paris Air Show 2023 © 2023 ptcil.com
Slide 14: Recent Milestones
Recent Milestones Land at UP Allotment of 50 Acres of land next to Brahmos facility, by UPEIDA, in Lucknow node of the UP Defence Industrial Corridor Defence Corridor Fabrication and Assembly Line Fabrication and Assembly Line for BAE Systems Built Capabilities Acquisition of the This Facility is cr
Slide 15: Current Macro Themes
Current Macro Themes 1 2 3 Global Supply Russia Ukraine Aatmanirbhar Chain Disruption War Bharat (China Plus one) Implications (Make in India) © 2023 ptcil.com
Slide 16: Global Supply Chain Disruption (China Plus One)
Global Supply Chain Disruption (China Plus One) Changes in global commerce Trade tensions rose around the world, particularly between USA & China COVID-19’s Effects Huge Reliance on The long-term Most businesses China: Post-Covid Chinese closure has recognized their reliance Recognition of the disru
Slide 17: Russia-Ukraine War Implications
Russia-Ukraine War Implications Russian Defence Exports % of Total Defence Exports by Russia (Figures are SIPRI Trend Indicator Values (TIVs) expressed in INR Crores) 12,055 31.9% 11,118 31.0% 31.7% 30.3% 6,404 6,023 15.3% 15.8% 14.1% 12.0% 9.6% 2,287 6.7% 1,864 572 597 597 0 India China Myanmar Bel
Slide 18: Russia-Ukraine War Implications
Russia-Ukraine War Implications Russia – Ukraine Russia is a Titanium metal is In 2019, Russia Ukraine and Russia War added to dominant player particularly important exported over 80% of conflict has put a lot the concerns of is for titanium in aerostructures Titanium produced of pressure on Supply
Slide 19: Titanium – An Untapped Opportunity
Titanium – An Untapped Opportunity CLICK HERE CLICK HERE (Annual Report Comments) (Annual Report Comments) Most important raw materials required for our aerospace products are Part of the titanium used is sourced from Russia, both aluminium (sheet, plate, forgings and extrusions), titanium (sheet, p
Slide 20: Aatmanirbhar Bharat (Make in India)
Aatmanirbhar Bharat (Make in India) Indian Defence Imports Defence Production Value Defence Export Value (Rs. Cr) by DPSUs (Rs. Cr) (Rs. Cr) 35,000 173% 12,749 106,813 94,845 78,820 81,120 79,071 84,643 6,551 15,918 12,815 10,746 9,116 8,435 4,682 2020-21 2021-22 2017-18 2018-19 2019-20 2020-21 2021
Slide 21: Increase in Defence Capital Expenditure
Increase in Defence Capital Expenditure Globally the Defence Spending is on Rise India’s defence Capital Expenditure ($ Billion) 196 2023-24 2030E 2045E 55 22 Link 2023-24 2030E 2045E Link Based on 30% of Defence Budget Link *Out of total Defence Spending ~30% is the capital expenditure Indian defen
Slide 22: Technology driven opportunities
Technology driven opportunities 1 2 3 Global Supply Chain Disruption Russia Ukraine War Implications Defence Spending and Indigenisation in India is on rise Opens a huge opportunity for PTC Have opened gates for supply of Titanium PTC’s vision of PARITY gives opportunity. in Industrial as well as Ae
Slide 23: Our Dharma – achieving Parity
Our Dharma – achieving Parity Therefore, It Is Our Dharma To Work Towards Building Equality In Respect of Capability, Technology, Skill,Workmanship,Talent, Knowledge,Quality, Productivity, Efficiency, & Sustainability in the country to allow us to become a nation that is at par with the world. © 202
Slide 24: Technology Pyramid
Technology Pyramid Platforms & Equipment Design & Engineering Technology Assembly | Integration Systems & & Testing Technology Products Core Manufacturing Technology Components Processed Critical Materials Processing Technology Materials © 2023 ptcil.com
Slide 25: Strategic Defence Systems and Air Defence
Air Defence Strategic Systems Defence Systems Aircrafts | Helicopters | Platforms Missiles | Rockets | UAV & Drones Aerial Bombs Airframe, Propulsion | Landing Gear | Weapon Warhead | Propulsion | Systems Dynamic Parts Sub-systems Frame | Bomb Shells Aero engine parts for low temperature Cannisters
Slide 26: Land and Naval Defence Systems
Land Naval Defence Systems Defence Systems Battle Tanks | Platforms Corvettes | Artillery Guns Frigates | Warships & Submarines Hull, Propulsion | Running gear | Armour Sub-systems Armament Structural parts for ULH | Light Valves, Pumps | Water Jet Engine | Weighting of Tanks & Armoured Vehicles Pro
Slide 27: Platform Independent Core Manufacturing Technologies
Platform Independent Core Manufacturing Technologies Established Capabilities to Cater Civil Aviation Air Defence Land Defence Naval Defence to entire Spectrum Torque tubes Airframe Structures Suspension arms Pump components of A&D Sector airframe structural Intermediate casings Muzzle Brakes valves
Slide 28: PTC & Aerolloy Technology Verticals
PTC & Aerolloy Technology Verticals Industrial Machining & Titanium Super Alloy Controlled Titanium Super Castings Assembly Castings Castings Microstructure Alloy Mill Alloy Mill Replicast, CNC 5-Axis Investment Investment Investment VAR, Masteralloy Rapidcast, Machines; Casting; Casting; Casting; S
Slide 29: Developing Cutting-Edge Technologies
Developing Cutting-Edge Technologies © 2023 ptcil.com
Slide 30: Industrial Castings
INDUSTRIAL CASTINGS Air melt High Alloy & High Precision Castings © 2023 ptcil.com
Slide 31: Technology – Rapidcast, Replicast, PrintCast
Technology – Rapidcast, Replicast, PrintCast Quality – Value – Speed Near net shape casting solutions Capability to manufacture 3D up to 5,000 kgs single piece using ceramic shells with weight printed patterns for utilisation in range up to 2,500 kg manufacturing of castings 7-Axis CNC machining rob
Slide 32: PTC Industries and Aerolloy Technologies
PTC AEROLLOY INDUSTRIES TECHNOLOGIES
Slide 33: Machining & Assembly Group
MACHINING & ASSEMBLY GROUP CNC & 5-Axis Machining & Assembly © 2023 ptcil.com
Slide 34: CNC Machining
CNC Machining © 2023 ptcil.com
Slide 35: Quality Infrastructure
QUALITY INFRASTRUCTURE A robust infrastructure that supports high quality and sustainability © 2023 ptcil.com
Slide 36: Certifications
Certifications ATL is an Approved AS/EN 9100 Supplier to Israel Approved Aerospace since 2021 Industries (IAI) ATL Is an Approved Supplier to Honeywell after completion of NSI Audit and Compliance ATL is an Approved Safran Aircraft Supplier to Engines Approval BAE Systems © 2023 ptcil.com
Slide 37: Certifications
Certifications PTC GROUP HAVE AN ON-SITE NABL / ISO17025 ACCREDITED NADCAP STATUS TESTING LABORATORY Casting Weld Chemical Thermal Treatment Correction Processing (HIP) Approval awarded June 2023 Under approval - 2023 Under approval – 2023 NDT Thermal Treatment ISO14001 & ISO45001 (FPI, X-ray) (VacH
Slide 38: Current & Future Renewable Energy Sources
Current & Future Renewable Energy Sources PTC Industries and Aerolloy is committed to comply to Carbon CURRENT footprint reduction and GHG protocols, in accordance with International standards, meeting the Paris Agreement targets 750kW Roof Top Solar (AMTC) 750kW Wind Turbine (Mehsana) FUTURE 10-12M
Slide 39: Sustainable Metals Recycling
Sustainable Metals Recycling Shows that GreenTitanium® will avoid 26.4 tonnes CO2 per tonne of Titanium produced by recycling compared to traditional methods. The volume of emissions avoided is expected to increase in the future as operations reach their nominal production rate. Using this benchmark
Slide 40: Roadmap for Carbon Footprint Reduction
Roadmap for Carbon Footprint Reduction A:Environments leader ( 1,5o C /SBTi Validated Supplier & customers involved A : Scope 3 action plan Supply-chain involved / Low B :Scope 3 Measured 2025 carbon freight … B : Action plan in progess on scope 1& 2 C : Action plan defined on scopes 1 & 2 with obje
Slide 41: Technology Overview
TECHNOLOGY OVERVIEW © 2023 ptcil.com
Slide 42: Technology Development Process
Technology Development Process Product Readiness MRL Development Stage owner Definition for PTC Phase Cycle Critical Critical Documentation of basic idea milestone #1 milestone #2 and identified potential MRL 1 applications and identification of basic mfg. implications Technology Technology Technolo
Slide 43: Aerospace Castings Group
AEROSPACE CASTINGS GROUP Titanium and Super Alloy Castings © 2023 ptcil.com
Slide 44: Technology – Ti Cast, Controlled Microstructure, ForgeCast
Technology – Ti Cast, Controlled Microstructure, ForgeCast Controlled Hot Isostatic Micro-Structure Press (HIP) Vacuum melt casting Technology helps to control Where castings and Used to eliminate pores of Reactive alloys both the cast microstructure forgings converge in metal components and defect
Slide 45: TiCast - Titanium and Super Alloy Castings
TiCast - Titanium and Super Alloy Castings © 2023 ptcil.com
Slide 46: Controlled Microstructure Castings (EQ, DS, SX)
Controlled Microstructure Castings (EQ, DS, SX) © 2023 ptcil.com
Slide 47: ForgeCast - Hot Isostatic Pressing (HIP)
ForgeCast - Hot Isostatic Pressing (HIP) © 2023 ptcil.com
Slide 48: New Aerospace Castings Facility
New Aerospace Castings Facility DIC Campus – Aerospace Castings New Aerospace Castings facility of 15,000 sqm at the new 50 acre land in Lucknow in the UP Defence Industrial Corridor © 2023 ptcil.com
Slide 49: Aerospace Castings Group – Future Capability & Additions
Aerospace Castings Group – Future Capability & Additions Large Titanium Large Super Alloy Robotic Shelling System: Dewaxing AutoClave: Flashfire Furnace: Casting VAR: Casting VIM: Make: VA Tech; 1 Robot System; 1200 mm (dia) X 1000X1000X1200 mm Make: ALD; Make: Consarc Max Shell Dim: 600mm (dia)X 15
Slide 50: Aerospace Materials Group
AEROSPACE MATERIALS GROUP UPDIC Campus – Aerospace Materials Mill Titanium and Super Alloy Mill Ingots, Billets, Rods, Bars, Slabs, Plates © 2023 ptcil.com
Slide 51: New Aerospace Materials Mill
New Aerospace Materials Mill Acquired - Electron Beam Cold Hearth Remelting (EBCHR) furnace and Vacuum Arc Remelter (VAR) through its wholly owned subsidiary “Aerolloy Technologies Limited (ATL)” Manufacturing Titainum Manufacture Ti Ingots from Recent Supply (Ti) Ingots Recycled / Scrap Titanium Ca
Slide 52: Titanium & Super Alloy Metal Manufacturing
Titanium & Super Alloy Metal Manufacturing © 2023 ptcil.com
Slide 53: Technology – Titanium & Super Alloy material manufacturing
Technology – Titanium & Super Alloy material manufacturing Vacuum Arc Electron Beam Cold Hearth Plasma Arc Cold Vacuum Induction Remelter (VAR) Remelting (EBCHR) Hearth Melting (PAM) Melting (VIM) This process is of great A secondary melting process for Used for melting and remelting of A primary me
Slide 54: Sustainability
Sustainability Ingots Vaccum Arc Remelting VAR Hot Isostatic Pressing (HIP) & Vaccum Heat Treatment CNC Machining Pattern Robotic Shelling Making ATL TITANIUM MILL Quality & Testings Forging Design & bars / Slabs Simulation Processing:Billets, Bars, Tubes, Rods, Sheets, Blooms… ATL FORGING MILL & &
Slide 55: Products
Products Titanium and Super Alloy Wrought Products Ingots, Billets, Rods, Bars, Slabs, Plates © 2023 ptcil.com
Slide 56: The Mehsana Plant
The Mehsana Plant Fully integrated plant for manufacture of high precision castings for a wide range of applications. Established in the year 2000 as a state-of-the-art facility for manufacture of high precision investment castings, on 72,000 sqmt in Mehsana, near Ahmedabad, Gujarat. © 2023 ptcil.co
Slide 57: High Precision Cast Components
High Precision Cast Components 85% Exports Precision Investment Stainless steel, Duplex, Super Duplex, Castings Inconel, Hastelloy, Stellite and other & high alloy material grades High Precision CNC & Machined Investment Castings From a few grams to over 50kgs weight range © 2023 ptcil.com
Slide 58: Industry Segments
Industry Segments ENERGY MEDICAL MARINE INDUSTRIAL OIL & GAS CHEMICAL ENGINEERING PROCESSING A wide spectrum of industries are serviced with a vast range of products for a wide range of applications making it a supplier of choice for both domestic and international markets. © 2023 ptcil.com
Slide 59: Medical Implants
Medical Implants Knee Replacement Market Size Total Knee Replacement Market Size was valued over USD 9 Billion in 2019 and is expected to grow at over 4.5% CAGR up to 2026. Total Knee Replacement is a surgical procedure to resurface a Knee Femoral damaged knee due to arthritis. Growing trend among d
Slide 60: Advanced Infrastructure
Advanced Infrastructure 01 ROBOTIC SHELLING Robotic Shelling for high consistency in quality and integrity of parts 02 NEAR NET SHAPE Complete automation of process for manufacture of high-integrity near net shape parts in a variety of PARTS metals 03 LARGE CNC Fully equipped state-of-the-art CNC Ma
Slide 61: Expansion in Capacity & Capability
Expansion in Capacity & Capability The capability and capacity of the Plant has been significantly upgraded. COMPLETED Melting Furnace - 350 kW Wax Injection Press 2 Crucibles - 600 kgs each Electrical Heat Treatment Shot Blasting Machine Furnace Horizontal Machining Centre - 1 CNC Turning Centre Ma
Slide 62: Financials
Financials © 2023 ptcil.com
Slide 63: Q4FY23 & FY23 Highlights
Q4FY23 & FY23 Highlights Particulars INR Cr Q4FY23 Q4FY22 YoY Q3FY23 QoQ FY23 FY22 YoY Total Income 62.7 52.7 19.0% 60.9 2.9% 226.7 185.2 22.4% EBITDA 18.9 13.8 36.8% 16.1 17.4% 66.1 48.4 36.6% EBITDA Margin% 30.2% 26.3% 26.5% 29.2% 26.1% Profit Before Tax 11.4 6.1 88.7% 7.9 45.7% 33.7 18.6 81.1% Pr
Slide 64: Key Financial Highlights (FY23)
Key Financial Highlights (FY23) Total Income EBITDA EBITDA Margin (%) Consolidated CAGR Growth % Consolidated CAGR Growth % Consolidated ₹ 227 Cr 9.9% ₹ 66 Cr 23.6% 18.2 % 29.2% Increased by 22% FY22 CAGR (FY19-FY23) Increased by 37% FY22 CAGR (FY19-FY23) In FY19 In FY23 Profit After Tax Property, P
Slide 65: Key Financial Highlights
Key Financial Highlights Total Income EBITDA 226.7 66.1 175.3 185.2 48.4 155.5 168.5 40.1 35.5 28.4 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 PAT EBITDA Margin % 25.8 29.2% 26.1% 23.8% 12.8 18.2% 20.2% 10.9 10.5 4.4* FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 * Impact of switch to new
Slide 66: Accounting Ratios
ACCOUNTING RATIOS As at As at As at As at Profitability Ratios Particulars March 31, March 31, March 31, March 31, 2020 2021 2022 2023 35.0% Profitability Ratios 30.0% EBITDA Margin 20.2% 23.8% 26.1% 29.2% Operating Profit 25.0% 15.04% 15.75% 18.86% 22.55% Margin [EBIT] 20.0% PBT Margin 8.27% 7.53%
Slide 67: Accounting Ratios
ACCOUNTING RATIOS Leverage Ratios 6 5.32 4.75 4.66 As at As at As at As at 5 Particulars) March 31, March 31, March 31, March 31, 4 2020 2021 2022 2023 3.04 3.01 2.69 3 2.22 Leverage Ratios 1.64 2 1.16 1 1.07 Long Term Debt / 1 0.58 3.04 2.69 2.22 1.64 Operating EBITDA 0 Jan-20 Jan-21 Jan-22 Jan-23
Slide 68: Realisation Over the Years
REALISATION OVER THE YEARS Particulars PTC Industries Limited Unit FY18 FY19 FY20 FY21 FY22 FY23 Total Revenue* Rs Crs 104.2 155.5 175.3 168.6 185.8 226.7 EBITDA Rs Crs 18.3 28.4 35.5 40.1 44.1 58.6 EBITDA/kg Rs/kg 149 168 204 268 281 380 Revenue per kg Rs/kg 849 922 1005 1126 1183 1480 * Includes r
Slide 69: Successful Fund Raise to Fund the Expansion
Successful Fund Raise to Fund the Expansion Mode of Fund Raise Instrument Aggregate Fund Raise The company offered 78,58,594 Fully Paid-Up Equity Shares for cash Rights + Preferential Issue Rights Issue at a price of Rs 10/- each, totalling Rs. 7.9 crores, and the transaction has been successfully c
Slide 70: New Project Status
NEW PROJECT STATUS METAL MANUFACTURING AS ON 30TH JUNE 2023 Application of Fund In Rs. Cr Sources of Fund In Rs. Cr Land & Building with advances 22.68 Promoters’ Sources 41.35 Plant & Machinery with advances 42.14 Long Term Borrowings 31.73 Other Fixed Assets 8.81 Others 0.55 Total 73.63 Total 73.6
Slide 71: Shareholding Pattern
Shareholding Pattern (%) Holding As at Shareholding Pattern (%) Sep 15, 2023 26.7% Promoter & Promoter Group 67.03% FPIs 1.73% 1.9% 67.0% 2.1% NRIs 0.26% 0.3% 0.3% Mutual Funds 0.32% 1.7% Bodies Corporate 2.12% HUFs 1.86% Promoter and Promoter group FPIs NRIs Mutual Funds Public 26.68% Bodies Corpor
Slide 72: Thank You
THANK YOU nc INDUSTRIES Er FECANOLOGIES