Steelcast Ltd. · NSE:STEELCAS
Steelcast — Q4 FY25 Earnings Presentation
32 slides from Steelcast's earnings presentation, May 28, 2025
Slide 1: Exchange filing covering letter for investor presentation
AC/2079 28.05.2025 The Secretary, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Plot No.C/1, G Block, Dalal Street, Bandra-Kurla Complex, MUMBAI - 400 001 Bandra (E), Mumbai - 400 051 Scrip Code: 513517 Scrip Symbol: STEELCAS Dear Sir/Ma
Slide 2: Steelcast Investor Presentation Q4FY25 & FY25
STEELCAST INVESTOR PRESENTATION Q4FY25 & FY25
Slide 3: Table of Contents
TABLE OF CONTENTS Company Overview Financial Performance Strong Business Model Outlook & Rationalization Measures Page 2
Slide 4: Company Overview
01. Company Overview Page 3
Slide 5: Steelcast – In a Nutshell
Steelcast – In a Nutshell 65 Years 9 80% Manufacturing Sectors Renewable Power Plants Experience Catered Currently Captive Power Supply 29,000 TPA 75% Castings shipped as Two Star Export House fully machined Capacity Competes with Global players 5 Kgs-2,500 Kgs Sand & Shell Casting 4 Production Plan
Slide 6: Steelcast – Over 6 Decades of Legacy
Steelcast – Over 6 Decades of Legacy Company enjoys a Premier Position in the steel Casting Industry in India Sectors catered Earth Moving One of the few companies in India and Globally manufacturing structural steelcastings based on sand and shell casting process Mining Wide range of casting produc
Slide 7: Financial Performance (Q4FY25 & FY25)
02. Financial Performance (Q4FY25 & FY25) Page 6
Slide 8: Q4FY25 & FY25 Performance Highlights
Q4FY25 & FY25 Performance Highlights Highlights The company reported better performance due to increase in demand Overall profitability improved in Q4FY25 compared to Q4FY25 Q3FY25 driven by higher volumes, improved Operation Revenue EBITDA* PAT efficiency and cost optimisation ₹ 120.8 Cr ₹ 38.3 Cr
Slide 9: Q4FY25 Result Highlights
Q4FY25 Result Highlights QoQ Highlights Revenue from Operations (₹ Cr) EBIDTA* (₹ Cr) & EBITDA Margin * (%) PAT (₹ Cr) & PAT Margin (%) 120.8 26.8 45.0 40.0 38.3 32.0% 30.0 24.5% 31.0% 19.2 22.5% 25.0 35.0 30.0 28.3 31.7% 30.0% 20.0 20.5% 25.0 29.0% 22.2% 18.5% 101.8 18.6% 20.0 35.0% 28.0% 15.0 16.5
Slide 10: Quarterly Profit & Loss Statement
Quarterly Profit & Loss Statement Particulars (Rs. Cr ) Q4FY25 Q4FY24 Y-o-Y Q3FY25 Q-o-Q FY25 FY24 Y-o-Y Revenue from Operations 120.8 98.4 22.8% 101.8 18.6% 376.2 409.8 -8.2% Cost of Materials consumed 24.3 18.6 30.2% 24.9 -2.4% 82.4 86.3 -4.5% Changes in Inventories of finished goods & WIP -0.4 1.
Slide 11: Balance Sheet
Balance Sheet Assets (Rs.Cr) FY25 FY24 Liabilities (Rs.Cr) FY25 FY24 Non – Current Assets Equity Property, plant and equipment 141.7 137.9 Equity Share Capital 10.1 10.1 Capital work-in-progress 1.7 0.0 Other Equity 315.8 259.5 Total Equity 325.9 269.6 Intangible Assets 0.2 0.2 Liabilities Financial
Slide 12: Cash Flow Statement
Cash Flow Statement Cash Flow Statement (Rs. Cr ) FY25 FY24 Profit before Tax 97.3 100.9 Adjustment for Non-Operating Items 12.1 16.2 Operating Profit before Working Capital Changes 109.4 117.1 Changes in Working Capital -11.4 -10.0 Cash Generated from Operations 98.0 107.2 Less: Direct Taxes paid -
Slide 13: Revenue Breakup – FY25
Revenue Breakup – FY25 Segment-wise Revenue (%) Geography-wise Revenue (%) Total 46.0% Revenue Rs 376.2 Cr 54.0% 100% OEM Sales Domestic Exports ‹#› Page 12
Slide 14: Sales Volumes (In Tons)
Sales Volumes (In Tons) 4500 180 4,054 160 15,740 4000 140 3500 3,345 13,102 12,564 12,096 3000 120 2,633 2,532 2500 100 80 7,468 2000 60 1500 40 1000 20 500 0 0 FY21 FY22 FY23 FY24 FY25 Q1FY25 Q2FY25 Q3FY25 Q4FY25 ‹#› Page 13
Slide 15: Quarterly Result analysis
Quarterly Result analysis % of Revenue 30% Q4FY25 Q3FY25 Q4FY24 29.9 25% 25.4 25.5 24.4 22.2 20% 20.1 18.9 18.9 19.0 15% 14.3 12.8 13.2 11.8 11.6 10% 10.9 10.9 11.2 11.5 11.3 10.1 9.7 5% 6.0 3.5 3.8 0.2 0.2 0.2 0% Materials Consumed Employee Cost Finance Cost Mfg Expense Power & Fuel Stores & Spares
Slide 16: Balance Sheet Ratios
Balance Sheet Ratios 50.0% RoCE RoE 35.0% 45.0% 43.7% 32.8% 40.0% 30.0% 36.5% 27.8% 35.0% 25.0% 29.0% 22.2% 30.0% 28.2% 21.2% 20.0% 25.0% 20.0% 15.0% 15.0% 12.9% 10.0% 9.3% 10.0% 5.0% 5.0% 0.0% 0.0% FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 Return ratios were impacted in FY25 due to weak H1.
Slide 17: Prudent Working Capital Cycle
Prudent Working Capital Cycle 146 122 119 106 95 91 90 83 74 64 59 59 43 42 39 32 34 31 29 22 FY21 FY22 FY23 FY24 FY25 Inventory (Days) Receivable (Days) Payable (Days) Working Capital Cycle (Days) ‹#› Page 16
Slide 18: Prudent Leverage Management
Prudent Leverage Management 350.0 325.9 0.12 0.11 300.0 269.6 0.10 250.0 215.2 0.08 200.0 0.06 150.0 100.0 0.04 50.0 23.6 0.02 0.08 0.00 0.1 0.00 - - FY23 FY24 FY25 * (₹ crore) Total Debt 23.6 * 0.08 * 0.1 Networth (₹ crore) 215.2 269.6 325.9 Debt-Equity (x) 0.11 0.00 0.00 Particulars (₹ Crore) FY23
Slide 19: Financial Highlights
Financial Highlights Revenue from operations EBIDTA (Excluding Other Income) 477 114 117 106 410 376 302 64 158 32 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 EBIT (Excluding Other Income) PAT 71 75 72 96 99 94 46 33 18 12 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 ‹#› Page 18
Slide 20: Strong Business Model of Steelcast
03. Strong Business Model of Steelcast Page 19
Slide 21: Diversified Business Model catering to Varied OEMs in Different Industries
Diversified Business Model catering to Varied OEMs in Different Industries… Existing Segments Earth Moving Industry Mining Electro Locomotive Transportation Cement Construction ‹#› Page 20
Slide 22: Expanding our footprint to new segments
Expanding our footprint to new segments Foray into New Segments Ground Engaging Tools Railways Defence (GETs) ‹#› Page 21
Slide 23: Moats
Moats Moats of the company : Cost Barrier High margin due to cost plus model Expertise spanning over decades Debt Free Entry barrier due to high replacement cost and Strong R&D and Technological Capabilities. Customer loyalty Well Experienced Team & Balanced / professional BOD Green Energy Global Fo
Slide 24: Savings from Renewable Power Plants-Existing & Proposed
Savings from Renewable Power Plants-Existing & Proposed Saving from existing Hybrid & Solar Power Plants (For FY25) Type of Power Plant Capacity Generation in Cr Landed Cost Current cost of Total Net Saving in Cr Sr. No. Saving rate Plant MW Units/Yr Rs/KWH power Rs/Year Group Captive after 1 4.5 2.
Slide 25: Locational Advantage
Locational Advantage Situated in Bhavnagar, Gujarat, which is a power surplus Company’s own 66KV power transmission station with state 10 MW power available 24*7 The major raw material (scrap) is available with high degree of purity and at competitive price from Well connected with major cities of G
Slide 26: Presence across the Globe
Presence across the Globe “Two-Star Export Denmark House Status holder” Canada Germany Poland South Korea Slovakia Israel USA Japan China We have presence in 16 India Headquartered Thailand countries, and we expect Mexico to increase the same to Singapore 18+ countries in the next 1 to 2 years Brazi
Slide 27: Certifications & Recognitions
Certifications & Recognitions An ISO: 9001-2015 An ISO:45001-2018 An ISO:14001-2015 An EN:9100:2018 D An NABL (National Certified by Transportation Company certified by TUV Company certified by TUV Company certified by TUV company certified by TUV Accreditation Board for & Power Generation NORD, Ger
Slide 28: Outlook & Rationalization Measures
04. Outlook & Rationalization Measures Page 27
Slide 29: Building Excellence: Key Pillars of Steelcast's Enduring Success
Building Excellence: Key Pillars of Steelcast's Enduring Success Reliable quality supplier with long association with marquee customers Adequate capacity with ramp-up capabilities Seasoned and experienced management team and skilled work force Six decades robust experience of surviving and sustainin
Slide 30: Strategy to Explore Potential Growth Opportunities
Strategy to Explore Potential Growth Opportunities Strengthening business Enhancing component Entry in New Provides ready to relationship with the Adding new sectors basket through new Geographies use/machined parts existing customers product development Short Term Future Long Term • Recovery from s
Slide 31: Safe Harbour
Safe Harbour This presentation has been prepared by and is the sole responsibility of Steelcast Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation or inducem
Slide 32: Thank You
THANK YOU Kanav Khanna / Arpit Mundra Mr. Subhash Sharma, ED & CFO Email: kanav.khanna@in.ey.com / Email : ss@steelcast.com arpit.mundra@in.ey.com Phone Number : +91-9910036240 / +91- 9265185627 Page 31