Uravi Defence And Technology Limited · NSE:URAVIDEF
Uravi Defence And Technology — Uravi T & Wedge Lamps — Q1 FY25 Earnings Presentation
44 slides from Uravi Defence And Technology's earnings presentation, Sep 9, 2024
Slide 1: Submission of Investor Presentation under SEBI Regulation 30
Date: September 09, 2024 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, G Block, Bandra Kurla Phiroze Jeejeebhoy Towers, Complex, Bandra (East), Mumbai – 400 051. Dalal Street, Fort, Mumbai – 400 001. NSE Symbol: URAVI Scrip Code: 543930 Through NEAPS Portal Throug
Slide 2: Uravi T & Wedge Lamps Ltd. Q1 FY25 Investor Presentation
Uravi T & Wedge Lamps Ltd. Q1 FY25 Investor Presentation
Slide 3: Safe Harbour Statement
Safe Harbour Statement This presentation and the accompanying slides (the “Presentation”), which have been prepared by Uravi T & Wedge Lamps Limited (Uravi T & Wedge Lamps, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subsc
Slide 4: Q1 FY25 Financial Highlights
Q1 FY25 Financial Highlights
Slide 5: Q1 FY25 Key Financial Highlights
Q1 FY25 Key Financial Highlights Total Income EBITDA EBITDA Margin PAT PAT Margin 8 11.30 18.25 7 15.94 6.93 8.95 6 5 3.95 4 3 2 1.80 0.62 1.63 1 0.45 0 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 All Figures In ₹ Cr & Margin In % Investor Presentation 4
Slide 6: Q1 FY25 Financial Highlights
Q1 FY25 Financial Highlights In ₹ Cr Particulars Q1 FY25 Q1 FY24 Y-O-Y Revenues 11.09 8.76 Other Income 0.20 0.18 Total Income 11.30 8.95 26.29% Raw Material Expenses 5.00 3.76 Employee costs 2.58 2.03 Other expenses 1.92 1.52 Total Expenditure 9.50 7.31 EBITDA 1.80 1.63 10.32% Finance Costs 0.56 0.
Slide 7: Company Overview
Company Overview
Slide 8: Uravi T & Wedge Lamps @ Glance
Uravi T & Wedge Lamps @ Glance Incorporated in 2004, Uravi T & Wedge Lamps Limited (The Company) is the leading manufacturer and supplier of incandescent and wedge-based automotive lamps. The company is specialized in delivering tailored solutions for both OEM and aftermarket sectors. Under the bran
Slide 9: Key Facts
Key Facts 19+ 50+ 150+ 300+ 7000+ Years Of Experience Products Available Dealers Across India Employees Sq. Mtrs Manufacturing Unit Spread Across FY24 ₹ 42.68 Cr ₹ 7.11 Cr ₹ 2.13 Cr Total Revenue EBITDA PAT Investor Presentation 8
Slide 10: Our Journey: A Timeline Of Uravi T & Wedge Lamps
Our Journey: A Timeline Of Uravi T & Wedge Lamps 2004 2006 2008 2010 o Company was incorporated as o One more production line for T-10 lamps o The Company received ISO/TS 16949:2002 o Q5- Rajlaxmi technopark sonale, NH3 Road Uravi T and Wedge Lamps Private started at Rabale MIDC. certification. Bhiw
Slide 11: Our Journey: A Timeline Of Uravi T & Wedge Lamps
Our Journey: A Timeline Of Uravi T & Wedge Lamps 2012 2014 2017 2019 2023 o New building construction o Quality management system o Received IATF QMS o Migrated to the Main Boards of o Lamp coating plant started in J3- attached to main building – ISO/TS 16949:2009 re- Certification NSE & BSE Rajlaxm
Slide 12: Approved By Major OEM's
Approved By Major OEM’s Investor Presentation 11
Slide 13: Strong Customer Base: Tier 1 Supplier To Major OEM Suppliers
Strong Customer Base: Tier 1 Supplier To Major OEM Suppliers The top five customers have accounted for approximately 45% of our revenue over the past three years. Investor Presentation 12
Slide 14: Manufacturing Facilities: Fostering Innovation & Delivering Manufacturing Excellence
Manufacturing Facilities: Fostering Innovation & Delivering Manufacturing Excellence The Company has 3 manufacturing Units, 1 located at Bhiwandi, Thane in Maharashtra and the other 2 at Kathua in Jammu and Kashmir Bhiwandi Manufacturing Unit (“UNIT – I”) This Unit is spread across 32,460 square fee
Slide 15: Production Capacity And Utilisation
Production Capacity And Utilisation For the Financial Year Product Particulars 2024 2023 2022 Installed Capacity (Units/year) 6,96,00,000 11,28,00,000 11,28,00,000 UNIT – I Utilised Capacity (Units/year) 4,98,31,400 6,63,42,350 6,50,22,960 (Bhiwandi Unit) Utilization Capacity (%) 71.60 58.81 57..64
Slide 16: Elevating Quality Standards With Certifications
Elevating Quality Standards With Certifications Investor Presentation 15
Slide 17: Quality Assurance: The Mark of Excellence
Quality Assurance: The Mark of Excellence The company aims to be a reliable and customer-focused supplier, exceeding expectations and fulfilling all customer needs. Poke Yoke Load pressure testing Polariscope Impulse voltage testing Photometric testing Vibration Tester from LDS - UK Chromaticity & C
Slide 18: Empowering Progress Through Efficiency: Our Competitive Advantages
Empowering Progress Through Efficiency: Our Competitive Advantages 01 02 03 Lean organization Strategically located Well-established supply structure facilitates in manufacturing units to chain faster implementation of cater to customers growing policy decisions needs 04 05 06 Good relations with al
Slide 19: Fortifying Success Through Strengths-Based Foundations
Fortifying Success Through Strengths-Based Foundations Experienced Certifications Our range of QA / QC and Management and products – R&D for Team Compliance Wedge Lamps, Quality Control Established with Quality Strategic Stop and Tail Consistency in Marketing Standards Location of Lamps and LED Qual
Slide 20: CSR Activities
CSR Activities The company aims to fulfill its environmental commitments through the following broad-level actions. ✓ The company is driven by a strong belief in making a positive impact on society, particularly in improving the living conditions of the less fortunate. ✓ Their commitment to this cau
Slide 21: Business Overview
Business Overview
Slide 22: Overview Of UVAL's Product Portfolio
Overview Of UVAL’s Product Portfolio The company manufactures lamps for instrument clusters in automobiles, including 2-wheelers, 4-wheelers, and tractors. Automobile Lamps Automobile Led Lamps Incandescent Head Lamps Halogen Head Lamps Stop, Tail & Indicators Indicator, Stop, Tail & Head Lamps s1 (
Slide 23: UVAL's Product Description
UVAL’s Product Description Category Wedge Based Lamps Stop/Tail/Indicator Lamps LED Lamps Automotive Lamps HomeAppliance Applications Speedometer Indicator No. of SKU 27 9 9 1 The company offers a diverse selection of wedge lamps with Stop Tail Lamps are utilized for wattages ranging from 1.2 Watts
Slide 24: Glimpse Of Product Portfolio
Glimpse Of Product Portfolio LED Lamps Incandescent & Wedge Base Lamps Halogen Lamps Wedge Base Lamps Halogen Fog Lamps Cool White HS1 LED Cool White LED Head T10 Amber T13 Lamp Clear H3 Clear PK22 H3 Ultra Blue PK22s Head lamp Bulb Lamp (BA20d) Stop, Tail, and Indicator Lamps Halogen Head Lamps Coo
Slide 25: Segment Wise Break Up
Segment Wise Break Up In % FY22 FY23 FY24 2.21 2.74 2.01 1.62 0.25 0.65 0.56 97.54 96.61 95.81 OEM Aftermarket Export Other Particulars FY22 FY23 FY24 OEM (%) 97.54 96.61 95.81 Aftermarket (%) 2.21 2.74 2.01 Export (%) 0.25 0.65 0.56 Other (%) - - 1.62 Total Turnover (In ₹ Cr) 32.12 34.62 42.68 Inve
Slide 26: Management Overview
Management Overview
Slide 27: Board Of Directors
Board Of Directors Mr. Niraj D. Gada Managing Director & Ceo o He is the founding promoter and director of the Company. o Having been in the industry for over 2 decades; he has acquired the requisite experience, skill and networking to smoothly conduct the business of the Company. o Over the years h
Slide 28: Board Of Directors
Board Of Directors Mr. Niken Ravin Shah Non-Executive Independent Director o He holds a bachelor’s degree in commerce from theUniversity of Mumbai and is also a member of the Bachelor of Legislative Law. o He has over 07 years of specialising in non-litigation property matters such as drafting of va
Slide 29: Industry Overview
Industry Overview
Slide 30: Navigating Growth: Global Automotive Lighting Market Insights
Navigating Growth: Global Automotive Lighting Market Insights The global automotive lighting market is projected to reach $58.59 billion by 2030, registering a CAGR of 6.3% from 2021 to 2030. Automotive Lighting Market Market Potential (US$ Bn) (By Light Type) The global automotive lighting market w
Slide 31: Revving Towards Success: India's Auto Component Industry Drives Growth
Revving Towards Success: India's Auto Component Industry Drives Growth By 2025, the Indian auto component industry is poised to become the third-largest globally, with a projected revenue of US$200 billion by 2026. The Indian automobile industry is expected to achieve a turnover of US$300 billion by
Slide 32: Financial Overview
Financial Overview
Slide 33: Financial Highlights
Financial Highlights Total Income EBITDA EBITDA Margin PAT PAT Margin 6.00 16.60 16.65 15.95 5.00 5.00 42.68 4.00 34.62 32.12 3.00 7.11 2.52 2.13 5.52 2.28 5.33 2.00 0.87 0.73 1.00 0.00 FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 FY24 All Figures In ₹ Cr & Margin In % Investor Presentation 32
Slide 34: Profit & Loss Statement
Profit & Loss Statement In ₹ Cr Particulars FY24 FY23 FY22 Revenues 41.99 33.91 31.36 Other Income 0.69 0.71 0.76 Total Income 42.68 34.62 32.12 Raw Material Expenses 19.57 15.49 14.04 Employee costs 9.55 8.19 7.33 Other expenses 6.46 5.42 5.42 Total Expenditure 35.58 29.10 26.79 EBITDA 7.11 5.52 5.
Slide 35: Balance Sheet
Balance Sheet In ₹ Cr Equities & Liabilities FY24 FY23 FY22 Assets FY24 FY23 FY22 Equity 11.00 11.00 5.50 Non Current Assets Other Equity 14.52 12.43 17.13 Fixed Assets 17.27 17.87 15.49 Net Worth 25.52 23.43 22.63 Non Current Investments 0.00 0.01 0.92 Non Current Liabilities Other Non Current Fina
Slide 36: Cash Flow Statement
Cash Flow Statement In ₹ Cr Particulars FY24 FY23 FY22 Cash from Operation 0.63 4.73 3.08 Cash from Investments 0.00 -2.39 -1.23 Cash from Financing -0.53 -2.36 -2.10 Investor Presentation 35
Slide 37: Key Ratios
Key Ratios In % In % ROE ROCE 8.36 9.51 7.14 7.22 3.72 3.24 FY22 FY23 FY24 FY22 FY23 FY24 Debt to Equity In Time Interest Coverage In Time 1.00 2.10 1.53 1.62 0.96 0.95 FY22 FY23 FY24 FY22 FY23 FY24 Investor Presentation 36
Slide 38: Key Ratios
Key Ratios Fixed Asset Turnover In Time Current Ratio In Time 1.48 1.48 2.43 2.02 1.90 1.44 FY22 FY23 FY24 FY22 FY23 FY24 Book Value In ₹ EPS In ₹ 23.20 1.94 21.30 20.57 0.79 0.67 FY22 FY23 FY24 FY22 FY23 FY24 Investor Presentation 37
Slide 39: The Way Forward
The Way Forward
Slide 40: Navigating Toward Profitability- Strategic Path Forward
Navigating Toward Profitability- Strategic Path Forward Shifting manufacturing of some low Diversifying its product portfolio by margin products to its Jammu Units adding LEDs and EV chargers’ segment Targeting the export segment Decreasing RM consumption by and increasing B2C improving product qual
Slide 41: Growth Unleashed: Unlocking Doors to Endless Possibilities
Growth Unleashed: Unlocking Doors to Endless Possibilities Growth In Business Increase In Number Geographical Geographical From Existing Of Vertical Expansion Within Expansion Outside Customers Addressed India India Development Across Reciprocal Business Product Scope Trade Lanes From Network Expans
Slide 42: Annexures
Annexures
Slide 43: Stock Data
Stock Data As on 13-08-2024 As on 30-06-2024 NSE: URAVI ISIN: INE568Z01015 Share Holding Pattern Share Price (₹) 534.00 Market Capitalization (₹ Cr) 587.40 27.27% Promoter & Promoter Group No. of Shares Outstanding 1,10,00,000 Public 72.73% Face Value (₹) 10.00 52 Week High-Low (₹) 666.00 – 227.25 S
Slide 44: Thank You
Thank You Q-6, RajLaxmi Techno Park, Sonale Village, 713-B, Lodha Supremus II, Wagle Estate, NH3 - Nashik Bhiwandi Bypass, Thane West – 400 604. Tal: Bhiwandi Dist. Thane 421 302. India. Phone: 022 4100 2455 info@kirinadvisors.com Phone: +91 90042 62048 Email: info@kirinadvisors.com Email: siddhant.
Uravi T & Wedge Lamps — Q1 FY25 Earnings Presentation on 6ix