Man Industries (india) Limited · NSE:MANINDS
Man Industries (india) — Q4 FY2022 Earnings Presentation
25 slides from Man Industries (india)'s earnings presentation, May 27, 2022
Slide 1: Announcement under Regulation 30: Investor Presentation for Q4 & FY2022
An |SO 9001 2015, 14001 2015, 45001:2018 Certified Company www.mangroup.com . . CIN NO. - 7 ON Industries (India) Ltd ©, - L9gg88MH1988PLC047408 the line pipe people May 27, 2022 To, To, BSE Limited National Stock Exchange of India Ltd. 1st Floor, New Trading Ring, Exchange Plaza, 5 Floor, Rotunda B
Slide 2: Man Industries (India) Ltd Q4 & FY22 Investor Presentation
Man Industries (India) Ltd Q4 & FY22 Investor Presentation
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Man Industries India Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 4: Table of content
Table of content 1. Q4 & FY22 Operational and Financial Highlights 2. Company Overview & Key Strengths 3. Vision 2025 4. Historical Financial Highlights 3
Slide 5: Q4 & FY22 Operational and Financial Highlights
Q4 & FY22 Operational and Financial Highlights
Slide 6: Key highlights during the financial year
Key highlights during the financial year ▪ Q4 FY22 revenue of Rs. 629.6 crore, a growth of 13% with an EBITDA and PAT of Rs. 56.5 crore and Rs. 26.5 crore respectively. Financial performance ▪ Gross Debt to Equity as on 31st March 2022 stands at 0.05 ▪ ERW steel pipes project work is in full swing a
Slide 7: Consolidated Profit & Loss Statement – Q4 & FY22
Consolidated Profit & Loss Statement – Q4 & FY22 Particulars (INR Crore) Q4 FY22 Q4 FY21 % Change FY22 FY21 % Change Revenue from Operations 613.8 540.1 2,138.6 2,080.2 Other Income 15.8 17.2 37.1 30.8 Total Income 629.6 557.3 13% 2,175.7 2,111.0 3.1% Gross Profit 126.5 229.7 592.4 688.3 (13.9%) Gro
Slide 8: Consolidated Balance Sheet as on 31st March 2022
Consolidated Balance Sheet as on 31st March 2022 (Rs Crore) Mar’ 22 Mar’ 21 (Rs Crore) Mar’ 22 Mar’ 21 Share Capital 29.6 28.6 Fixed Assets incl. CWIP 338.2 337.7 Other Equity 912.6 806.3 Non-Current Investment 102.3 102.3 Shareholders' Funds 942.2 834.9 Trade Receivables 73.5 25.2 Borrowings 3.7 2.
Slide 9: Company Overview & Key Strengths
Company Overview & Key Strengths
Slide 10: Core competencies and strengths
Core competencies and strengths 01 Among leading manufacturer of large diameter pipes 02 Strong manufacturing capabilities with state of art facilities 03 Specialized product offering with approved vendor status from marquee clients 04 Experienced and qualified management team 05 Well placed to capt
Slide 11: ~3 decades of presence in pipe industry
Among leading manufacturer of large diameter pipes API grade LSAW, HSAW, 1 Million+ MT Coating products used in Total installed capacity O&G, water Executed critical and complex projects worldwide ▪ Jagdishpur Haldia-Bokaro-Dhamra- Phase II project for GAIL ~3 decades of 13,000+ KM ▪ Gas oil pipelin
Slide 12: Strong manufacturing capabilities with state of art facilities
Strong manufacturing capabilities with state of art facilities Combined manufacturing capacity to 1 million metric tons p.a. of SAW pipes with strong quality control Manufacturing Quality Control Facilities Anjar, Gujarat Pithampur, MP ▪ Well-crafted manufacturing process leading to high quality pro
Slide 13: Specialized product offerings with approved vendor status
Specialized product offerings with approved vendor status Current product offering include LSAW, HSAW & Coating Longitudinal Submerged Arc Welded Helically Submerged Arc Welded External coating – 4 mn sq. meter p.a. (LSAW) Pipe (HSAW) Pipe 5,00,000 metric tons p.a. 5,00,000 metric tons p.a. Internal
Slide 14: Experienced and qualified management team
Experienced and qualified management team Diversified board of directors supported by skilled KMP’s Mr. Ramesh C Manshukhani, Group Chairman Mr. Nikhil Mansukhani as Managing Director Leadership ▪ 40+ years of experience in the steel pipe industry ▪ Over 8 years of experience in steel pipes industry
Slide 15: Well placed to capture increasing industry opportunities
Well placed to capture increasing industry opportunities ▪ In February 2022, Ministry of Petroleum & Natural Gas, said that India will more than double its exploration area of oil and gas to 0.5 million sq. km. by 2025 and to 1 million sq. km. by 2030 with a view to increase domestic output Oil & Ga
Slide 16: Vision 2025
Vision 2025
Slide 17: Upgradation of existing facilities to improve efficiencies
Upgradation of existing facilities to improve efficiencies Focus on cycle time reduction by Debottlenecking to enhance adopting advanced technologies Optimizing production and improve capacity Improving lead that will also result in process production utilization levels time optimization Focus on hi
Slide 18: Undertaking capex for new products addition
Undertaking capex for new products addition To Serve the hydro- Expected to be 1. 6” to 18” diameter 1,25,000 MTPA carbon and CGD Approx. Rs. 170 crore completed by Q3 ERW Pipes size (API grade) sector FY23 2. (a) To serve the Size range of 18” Expected to be Steel Bends & 5,000-6,000 bends hydrocar
Slide 19: Moving from project based to product-based company
.. thus moving from project based to product-based company Total installed capacity 10,00,000 11,25,000 11,45,000 MTPA MTPA MTPA 20,000 1,25,000 1,25,000 5,00,000 5,00,000 5,00,000 5,00,000 5,00,000 5,00,000 2021-2022 2022-2023 2023-2024 LSAW HSAW ERW Stainless Steel 18
Slide 20: Leading to realization of desired targets
Leading to realization of desired targets Strategies undertaken on various front Optimum utilization of existing Enter new sectors with existing Enter new product offerings facilities product offerings • Focus on higher margin products • Targeting higher capacity • Develop capabilities to diversify
Slide 21: Historical Financial Performance
Historical Financial Performance
Slide 22: Consolidated Profit & Loss Statement – FY22
Consolidated Profit & Loss Statement – FY22 Particulars (INR Crore) FY22 FY21 FY20 Revenue from Operations 2,138.6 2,080.2 1,759.3 Other Income 37.1 30.8 16.6 Total Income 2,175.7 2,111.0 1,775.8 Gross Profit 592.4 688.3 512.7 Gross Margin 27.2% 32.6% 28.9% Operating expenses 374.8 452.4 328.2 EBITD
Slide 23: Annual Profit & Loss Highlights
Annual Profit & Loss Highlights Total Income Rs. Crore Gross Profit (Rs. Crore)/Gross Profit Margin (%) 2,500 2,242 2,176 2,111 32.6% 800 28.9% 27.2% 35% 2,000 1,776 700 24.3% 30% 600 688 25% 1,500 500 592 545 513 20% 400 1,000 15% 300 200 10% 500 5% 100 0 0 0% FY19 FY20 FY21 FY22 FY19 FY20 FY21 FY2
Slide 24: Key Financial Ratios
Key Financial Ratios Return on Capital Employed (%) Debt to Equity 22% 19% 0.3 0.3 0.3 18% 16% 0.1 FY19 FY20 FY21 FY22 FY19 FY20 FY21 FY22 Book Value Per Share (Rs.) 159 146 123 131 FY19 FY20 FY21 FY22 RoCE – EBIT/Capital employed (Total assets – Current liabilities) 23
Slide 25: Thank You
THANK YOU Man Industries (India) Ltd. Pareto Capital (Investor relations advisor) Mr. Mahantesh M, Manager IR Ms. Pooja Dokania/ Mr. Smit Shah mahantesh.m@maninds.org pooja.dokania@paretocapital.in/ Man House, 101, S.V. Road, Vile Parle (W), smit.shah@paretocapital.in Mumbai. B/ 210, Kanakia Wall St
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