Elecon Engineering Co. Ltd. · NSE:ELECON
Elecon Engineering — Q1 FY23 Earnings Presentation
23 slides from Elecon Engineering's earnings presentation, Jul 21, 2022
Slide 1: Exchange filing letter for Investor Call presentation
~A -:=='"< ISOto01:2008 ~ TOvRhelnla~ ·~ 21st July, 2022 To, The Manager (Listing), The Manager (Listing), The BSE Ltd. National Stock Exchange of India Ltd. Mumbai Mumbai Company's Scrip Code: 505700 Company's Scrip Code: ELECON Sub Presentation of the Investor Call to be held on 22nd July, 2022 Re
Slide 2: Investor Presentation | Q1 FY23
Investor Presentation | Q1 FY23
Slide 3: Safe Harbor
Safe Harbor Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "p
Slide 4: Company Overview
Company Overview
Slide 5: About Us
About Us • Established in 1951, Elecon is an ISO 9001:2015; 14001:2015; OHSAS 18001:2007 certified Company having a global presence. The Company is the one of the largest Industrial Gear manufacturer in Asia having widest range of products. • First in India to manufacture sophisticated equipment for
Slide 6: History
History Acquisition debt repaid in overseas entity Substantial reduction Established in Goregaon, in debt on standalone Mumbai by Ishwarbhai Patel basis Established Successful separate Gear execution of Highest profits in the Foray into manufacturing division defence (Indian history of Company conve
Slide 7: Proud & historic for Elecon as INS Vikrant is commissioned
Proud & historic for ELECON ENGINEERING as reincarnated #INS Vikrant ( Indigenous Aircraft Carrier or ‘IAC’) will be commissioned in Indian Navy as India celebrates “75 Years – Azadi Ka Amrit Mahotsav”. Wishing # Indian Navy & # Cochin Shipyard “The Best” for achievement of this. With the commission
Slide 8: Vertical roller mill drive assembly and no load testing
Elecon is manufacturing assembly and completed no load testing of one of the Biggest “ VERTICAL ROLLER MILL DRIVE “ for one of the Indian’s reputed cement manufacturer.
Slide 9: Financial Performance – Q1 FY23
Financial Performance – Q1 FY23
Slide 10: Strong Quarterly Performance
Strong Quarterly Performance Standalone In Rs. Cr Q1 FY22 Q1 FY23 16.4% 9.8% 42.4% 32.9 55.0 257.2 50.0 221.0 23.1 Sales EBITDA PAT Consolidated In Rs. Cr 11.4% 10.2% 54.9% 327.7 42.3 64.9 294.2 58.9 27.3 Sales EBITDA PAT
Slide 11: Consistent Improvement in Key Ratios
Consistent Improvement in Key Ratios Standalone FY22 Q1 FY23 14.4% 0.13 19.1% 11.1% 14.4% 0.03 RoE RoCE Debt Equity Consolidated In Rs. Cr 15.9% 20.2% 14.3% 0.14 17.1% 0.05 RoE RoCE Debt Equity Note: Quarterly numbers have been annualized in the calculation of RoE and RoCE
Slide 12: Key Highlights
Key Highlights Financials - Consolidated Total Operating income is Rs. 327.7 Crores for Q1FY23 as compared to Rs. 294.2 Crores in Q1FY22, an increase of 11.4% YoY. EBITDA stands at Rs. 64.9 Crores as compared to Rs. 58.9 Crores in Q1FY22, an increase of 10.2% YoY. EBITDA Margin at 19.8% for Q1FY23 a
Slide 13: Gear Business – Standalone
Gear Business – Standalone Synopsis Revenue (Rs. Cr) One of the largest Industrial gear manufacturer in Asia 214.4 189.7 Most comprehensive range of industrial gears under one roof in the world Market Share for Industrial Gears in India ~36% Successfully completed one of the most complex & sophistic
Slide 14: Order Book Position
Order Book Position Standalone Consolidated Steel, 24.0% Steel, 20.3% Others, 31.8% Others, 41.0% Sugar, 15.6% Sugar, 19.7% Cement, Mining, 5.6% Cement, Mining, 10.7% 9.8% 5.0% Power, 9.2% Power, 7.5%
Slide 15: Material Handling (MHE) business
Material Handling (MHE) business Synopsis Our strategy to focus on pursuing product & spare parts supply resulted in improved liquidity and significant reduction Revenue (Rs. Cr) in losses. 42.8 In MHE business, the orders on hand is Rs. 102 Crores 29.6 The order inflow during the quarter was Rs. 45
Slide 16: Historical Financial Snapshot
Historical Financial Snapshot
Slide 17: Consistent Improvement in Financials
Consistent Improvement in Financials Consolidated In Rs. Cr FY20 FY21 FY22 EBITDA Margin 140.5 17.93% 20.60% 13.04% 1203.6 1088.5 1044.4 89.7 57.6 247.9 187.2 142.0 Sales EBITDA PAT 13.58% 0.57 11.93% 10.50% 0.36 7.10% 6.39% 4.81% 0.14 RoE RoCE Debt Equity
Slide 18: Outlook
Outlook
Slide 19: Economy Outlook
Economy Outlook Economy World Bank has cut India's FY23 GDP forecast to 7.5% amid ongoing geopolitical crisis which has aggravated supply chain issues and inflationary pressures. Sizable investments in infrastructure sector and core industries is likely to revive growth engine and boost demand in th
Slide 20: Future Growth & Strategy
Future Growth & Strategy The Company continues to strengthen the balance sheet by way of reducing debt and other liabilities and has become a net debt free company as on June’22 much before its target of March’23. The Company is taking efforts in expanding footprints like Latin America, Africa, ANZ
Slide 21: Multiple Growth Drivers
Multiple Growth Drivers Scale Elecon is the largest manufacturer of gears in Asia, ~38% market share in India Scope Encompasses both catalogue and engineered products for all the core industries Size Its MHE business has the capacity to address cross industry solutions Skills Over 7 decades of indus
Slide 22: Shareholding Information
Shareholding Information Stock Information (as on June 30, 2022) BSE / NSE Scrip Code 505700 / ELECON Others, 36.80% Shares Outstanding (Cr) 11.2 Promoter, 59.26% Market Cap (₹ Cr) 2,927 Industry Industrial Equipment FPI, 2.14% AIF, 0.27% Mutual Fund, 1.53%
Slide 23: Follow us
Follow us https://www.facebook.com/elecongear/ https://www.linkedin.com/in/elecon-engineering-co-ltd-112b06193/detail/recent-activity/ https://twitter.com/elecon_co https://www.youtube.com/channel/UCOLCcsCiq8ItCebbLmup65g?app=desktop https://www.instagram.com/eleconengineering/
Elecon Engineering Company — Q1 FY23 Earnings Presentation on 6ix