Anup Engineering Ltd. · NSE:ANUP
Anup Engineering — The Anup Engineering — Q4 FY22 Earnings Presentation
25 slides from Anup Engineering's earnings presentation, May 17, 2022
Slide 1: Exchange filing letter on audited results and board meeting outcome
LCB ~Q~P -------------.,..-...,-w_;-.1·L-'l'e-ng~:cm 17th M ay 2022 · To, To, Department of Corporate Services Listing Depart ment BSE Lim ited, Nat ional St ock Exchange of India Limited, P. J. Towers, Dalal Street, Exchange Plaza, 5th Floor Plot No. C/1, Mumbai - 400 001 G. Block Sandra - Kurla Co
Slide 2: Exchange filing letter: auditor opinion and AGM notice
LCB ~Oh'P ----- In compliance with the provisions of Regulation 33{3)(d) of the LODR Regulations, the Company hereby declares that the Statutory Auditors, M/s. Sorab S. Engineers & Co., Chartered Accountant, have issued the Audit Reports with "Unmodified Opinion" on Audited Standalone and Consolidat
Slide 3: Investor Presentation Q4 FY22
Engineering Infinite possibilities Investor Presentation Q4 FY22 The Anup Engineering Limited 17th May 2022
Slide 4: Safe harbour statement
Safe harbour statement Certain statements contained in this document may be statements of future expectations and other forward looking statements that are based on management‘s current view and assumptions and involve known and unknown risks and uncertainties that could cause actual results, perfor
Slide 5: Contents
Contents Introduction Operational Review Financial Statement Review Outlook
Slide 6: Contents: Introduction
Contents Introduction Operational Review Financial Statement Review Outlook
Slide 7: Product Range
Product Range Heat Exchangers Columns / Towers Reactors • Shell and Tube; Helical Baffle • Packed Column • High Thickness Pressure Vessels • Critical waste heat, RG boilers • Tray Column (upto 160mm) • Steam surface condensers • Clad Pressure Vessels Pressure Vessels Dished Ends, Expansion Centrifug
Slide 8: Catering to Wide Spectrum of Industries
Catering to Wide Spectrum of Industries Refining/Oil & Gas Chemical Fertilizer Paper & Pulp Power Water treatment Mines & Mineral Aerospace
Slide 9: Global Footprint
Global Footprint • India • Middle East, South East Asia • CIS Countries • Americas (including USA) • South Africa , Nigeria, Algeria
Slide 10: Marquee Clients
Marquee Clients Anup neering FeCHnip om \ cS & L&T Heavy Engineering \ y J inl - ® Technip India Limited indian oi! Gerporaiten Limited Lintle Tato aoe By NAYARA La. ¥GY = <Gip> ¥Gy AR S| RF rovo “"t > f \ recrimon 29 = PRODUGTE Ea: a1 SAIPEM ENGINEERING GNFC @ ae. GE POWER /f | \ ee Reliance TATA P
Slide 11: Historical Trend
Historical Trend Sales EBIDTA 9% 5% 68.8 70.0 279.1 288.2 68.6 245.5 221.0 61.0 FY19 FY20 FY 21 FY 22 FY19 FY20 FY 21 FY 22 PAT ROE 17% 62.1 15.9% 15.8% 53.8 43.0 39.1 13.6% 13.3% FY19 FY20 FY 21 FY 22 FY19 FY20 FY 21 FY 22 * Excluding Trading Revenue & Profit in FY19
Slide 12: Shareholding Structure
Shareholding Structure Share price – Performance NSE Market data (NSE) As on 31st March 2022 1200 No. of Shares Outstanding (Cr) 0.98 1000 Face Value ( ₹ ) 10.0 800 600 Price ( ₹ ) 794.3 400 52 week High/Low ( ₹ ) High Price – 1236.9 (17-01-22) 200 Low Price – 551.4 (19-04-21) 0 Market Capitalizatio
Slide 13: Contents: Operational Review
Contents Introduction Operational Review Financial Statement Review Outlook
Slide 14: FY22 | Executive summary
FY22 | Executive summary Remarks 12 M FY21 FY22 % Healthy WIP as on March end to ensure strong execution levels and sales in next 279.1 288.2 3% Revenues financials EBITDA 68.8 70.0 2% EBIDTA margin at 24.3% PAT 53.5 62.1 16% Free Cash Flow 57.4 73.7 28% Bank Balance of Rs 51.5 Cr • Strong order pip
Slide 15: FY22 | Revenue Bifurcation
FY22 | Revenue Bifurcation Product Bifurcation Geographical Bifurcation Rs Cr % Rs Cr % Heat Exchanger 195.6 68% Domestic 260.7 90% Vessels 53.2 18% Export 27.5 10% Tower/Reactor 22.0 8% Total 288.2 Centrifuge 2.7 1% Others 14.7 5% Total 288.2
Slide 16: FY22 | Key Indicators
FY22| Key Indicators Revenue EBITDA PAT Rs Cr Rs Cr Rs Cr 3% 2% 16% 279.1 288.2 68.8 70.0 62.1 53.5 12M 1 2 1 2 1 FY21 2 FY22 FY21 FY22 FY21 FY22
Slide 17: Contents: Financial Statement Review
Contents Introduction Operational Review Financial Statement Review Outlook
Slide 18: FY22 | P & L Statement
FY22 |P & L Statement Q4 FY21 Q4 FY22 FY21 FY22 Rs Cr % Rs Cr % Rs Cr % Rs Cr % Revenue from Operations 132.8 100.0 279.1 288.2 Raw Material Consumed 50.3 37.9% 57.6 57.6% 140.4 50.3% 162.7 56.5% (Increase) / Decrease in Stock 28.5 21.5% -2.5 -2.5% 7.7 2.7% -22.6 -7.8% Employees' Emoluments 4.3 3.3%
Slide 19: FY22 | Balance Sheet
FY22 | Balance Sheet Rs Cr Mar-21 Mar-22 Share Capital 9.8 9.9 Other Equity 327.3 383.5 Net Worth 337.1 393.4 Non Current Liabilities 12.6 12.0 Current Liabilities 81.0 119.9 Total (A) 430.7 525.3 Net Fix. Assets and CWIP 189.6 213.6 Intangible Assets 23.7 20.2 Other Non-Current Asset 1.2 10.5 Total
Slide 20: Contents: Outlook
Contents Introduction Operational Review Financial Statement Review Outlook
Slide 21: Order Book Review
Order Book Review Geographical Bifurcation* Equipment Type wise Rs Cr % Industry Wise * Rs Cr % Heat Exchanger 295.2 75% Refinery 235.2 60% 44.9, 11% Vessels 63.3 16% Petrochemical 74.2 19% Tower/Reactor 15.7 4% Paper 35.8 9% Others 17.8 5% Renewable 24.0 6% Centrifuge 1.3 0% Offshore 14.0 4% 348.5,
Slide 22: Outlook | Order Book
Outlook | Order Book • All time high opening order book of approx. Rs 400 Cr. Additional orders worth Rs 25 Cr already received since 1st April till date. • Margin are expected to be impacted due to volatility in the metal prices. • Highest ever order booking during last year at Rs 437 Cr. • All tim
Slide 23: Outlook | Odhav Capex
Outlook | Odhav Capex L1 Shed Odhav • Capex for development of L1 shed/Clean room Shed at Odhav would be completed in May-22 • This clean room facility powers Anup into the elite group of global fabricators having the necessary infrastructure for fabrication of exotic materials. • Opens the door to
Slide 24: Outlook | Kheda Capex
Outlook | Kheda Capex Kheda Site • The construction is going in full swing at Kheda. On track for commissioning in H2 FY23. • Significantprogress made in securing key machineries for the Kheda plant
Slide 25: Thank You
Kheda 1st Bay THANK YOU Engineering Infinite possibilities The Anup Engineering Limited Behind 66 KV Electric Sub station, Odhav Road, Ahmedabad – 382415, Gujarat India T: +91 79 22872823, 2287 0622 Website: www.anupengg.com