Man Industries (india) Limited · NSE:MANINDS
Man Industries (india) — Investor Presentation (June 2023)
36 slides from Man Industries (india)'s investor presentation, Jun 30, 2023
Slide 1: Stock exchange cover letter for Investor Presentation
June 30, 2023 To, To, BSE Limited National Stock Exchange of India Ltd 1st Floor, New Trading Ring, Exchange Plaza, 5th Floor, Rotunda Building, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Mumbai. Bandra (E), Mumbai 400 051. Scrip Code - 513269 Scrip ID – MA
Slide 2: Investor Presentation June 2023
1 Investor Presentation June 2023
Slide 3: Snapshot
2 Snapshot Among leading manufacturer of 3 state of art manufacturing large diameter pipes with 3 facility with 6 production lines 1.15 Million+ MTPA Decades of presence in Pipe Strategically located units to cater Total installed capacity Industry export market API grade LSAW, HSAW, ERW, 25+ Years
Slide 4: Company Overview
3 Company Overview INVESTOR PRESENTATION
Slide 5: Company Overview
4 Company Overview • Man Industries (India) Ltd. (MAN), was incorporated in 1988 and is the flagship company Consolidated Revenue (INR Mn) & EBITDA Margins (%) of the Man Group promoted by the Mansukhani family and is listed on National Stock Exchange (NSE) & Bombay Stock Exchange (BSE). 20,802 21,3
Slide 6: Mission, Vision & Management Philosophy
5 Mission, Vision & Management Philosophy MISSION VISION MANAGEMENT PHILOSOPHY Partnering With Every Major Global Client In Oil, Obtaining Market Leadership Position By Man Industries has always believed in achieving Gas & Water Sector, Hydro carbon and CGD Providing Innovation & Quality Products &
Slide 7: Experienced Management governed by a Strong Board
Experienced Management governed by a Strong Board 6 Dr. Ramesh C. Mansukhani (Chairman) Mr. Nikhil Mansukhani (Managing Director) He is associated with Man Industries Ltd. after He is the First Generation Entrepreneur and a visionary completing education from the University of London, leader with ov
Slide 8: Journey So Far
Journey So Far 7 § 1975 Started with Plastic Extrusion/ PVC Polymer products. § 1988 § 2007 § 2018 Started with Aluminum Extrusion Plant at Pithampur. Received prestigious order of $225mn from USA Started third plant of 3 LPE/FBE Coating and § 1996 Established Two new HSAW production lines of 200,00
Slide 9: Marquee Clientele across Globe
8 Marquee Clientele across Globe Domestic Clients International Clients INVESTOR PRESENTATION
Slide 10: Accolades & Certifications
9 Accolades & Certifications
Slide 11: Manufacturing Prowess
10 Manufacturing Prowess • Man Industries (India) Ltd. has two plants: one plant in Anjar, Kutch District of Gujarat and other in Pithampur, Madhya Pradesh spread over a total of 180 acres. • The combined manufacturing capacity of both plants is 1.15 Mn TPA of LSAW and HSAW Pipes with strong control
Slide 12: Business Overview
11 Business Overview
Slide 13: Varied Applications in Oil and Gas Steel Industry
12 Varied Applications in Oil and Gas Steel Industry Large diameter pipes cater to varied applications in Oil and Gas industry, which are used to carry in-plant fuel/gas in refineries and other processes under high pressure and temperature environment and are for the construction of trunk pipeline s
Slide 14: Longitudinal Submerged Arc Welded (LSAW) Pipe
13 Longitudinal Submerged Arc Welded (LSAW) Pipe • MAN offers LSAW Line Pipes of various sizes and specifications to meet the LSAW Products Range growing global demand of high pressure cross-country pipelines. • Outside Diameter: 16" to 56" • The LSAW Line Pipes are manufactured in strict conformanc
Slide 15: Helically Submerged Arc Welded (HSAW) Pipe
14 Helically Submerged Arc Welded (HSAW) Pipe HSAW Products Range • The company’s HSAW Line Pipe Facility at Anjar is equipped with all NDT and • Outside Diameter: 18" to 140" laboratory facilities to cater to the requirements of its world-wide clientele of high pressure/critical application segment
Slide 16: Electric Resistance Welded (ERW) Pipe
15 Electric Resistance Welded (ERW) Pipe ERW TECHNOLOGY: • ERW Plant is installed with latest and advanced technological features with Automation. Round Pipe • Entry section is designed to handle 32 ton coil weight and accumulator is also installed that enables the mill to run continuously while mak
Slide 17: Coating
16 Coating External Coating System • Man Industries offers a wide range of external coating solutions to fulfil • FBE /DFBE customers' needs from anti-corrosion protection and negative buoyancy • 3LPE / 3LPP Coating requirements and internal coating solution to provide flow efficiency and Internal C
Slide 18: Strategic Overview
17 Strategic Overview
Slide 19: Enhancing the Product Mix
18 Enhancing the Product Mix Current Capacity Projected Capacity o Working towards optimum utilization of current capacity, o Further diversification into Seamless Stainless Steel Pipe to Identification of area of improvement in current setup and serve the Chemical, Oil & Gas, Fertilizers industry.
Slide 20: Company Well poised to capture increasing industry opportunities
19 Company Well poised toSnapshot capture increasing industry opportunities ERW 6” to 18” Diameter size (API Project Cost 1,25,000 MTPA Completed in Q4 FY23 Grade) Approx. INR 170 Cr Stainless Steel (Seamless Pipe) 20,000 0.5” to 5” Diameter size (API Project Cost Expected to be completed MTPA Grade
Slide 21: Piping towards realisation of Desired Targets
20 Piping towards realisation of Desired Targets Focus on all aspects of operational efficiencies – better utilizations, Strategies Undertaken on Various Front better absorption fixed costs, reduced wastage - to strengthen competitive position and improve margins • Targeting higher capacity utilizat
Slide 22: CSR Initiatives
CSR Initiatives 20 • Participating in the nearby villages for community upliftment initiatives such as education, healthcare, water and sanitation management programs, green initiatives, cultural activities, skill development and employment generation activities to ensure overall development. • We h
Slide 23: Socially Responsible towards Society and Environment
Socially Responsible towards Society and Environment 21 Towards Society: • The Governor of Maharashtra has felicitated with a “Certificate of Recognition” as a “CORONA WARRIOR” for the outstanding contribution and service during this COVID 19. • Distribution of Computer Systems to Schools around Khe
Slide 24: Strong Corporate Governance
23 Strong Corporate Governance Man Industries follows good corporate governance to achieve long term corporate goals and enhance stakeholders values with high level of transparency, accountability and compliance with laws in all aspects of operations; thus maintaining highest level of ethical standa
Slide 25: Industry Overview
24 Industry Overview
Slide 26: Industry Outlook: Global & India
25 Industry Outlook: Global & India Global Outlook Global Construction/ Pre-Construction Pipelines (in kms) Region Proposed Under Construction Total East Asia 32,400 26,300 58,700 • The global steel pipes & tubes market size was valued at USD 170.72 Bn in 2022 South Asia 4,100 17,900 22,000 and is e
Slide 27: Industry Outlook: India
26 Industry Outlook: India HSAW Market Share By Capacity LSAW Market Share By Capacity 5% 12% 13% 9% 34 38% 20% 16% 28% 25% Jindal SAW Welspun Corp Jindal SAW Welspun Corp Man Industries ESSAR Man Industries ESSAR Ratnamani Other Pipes SAW ERW Seamless Mkt Size tonnes (India) 1,000,000-2,000,000 6,0
Slide 28: Opportunities to capture
27 Opportunities to capture Export and New Sector Opportunities • Crude around $80-$90 gives a lot of opportunities in the international market as projects which were on hold due to COVID and lower crude prices are seeing lot of traction. • As the world moves towards clean energy new opportunities i
Slide 29: Financial Overview
28 Financial Overview INVESTOR PRESENTATION
Slide 30: Historical Consolidated Financial Performance
29 Historical Consolidated Financial Performance Revenue Revenue(INR Mn)&&Gross (INR Mn) Gross Margins Margins (%) (%) EBITDA (INR Revenue (INRMn) Mn)& & EBITDA Margins Gross Margins (%) (%) PAT (INR Revenue (INRMn) Mn)& & PAT GrossMargins (%) Margins (%) 21,386 22,313 1,016 20,802 2,051 1,008 17,59
Slide 31: Historical Consolidated Income Statement
30 Historical Consolidated Income Statement Particulars (INR in Mn) FY20 FY21 FY22 FY23 Revenue from Operations 17,593 20,802 21,386 22,313 Operating Expenses 15,913 18,751 19,580 20,941 EBITDA 1,680 2,051 1,806 1,372 EBITDA Margins (%) 9.55% 9.86% 8.44% 6.15% Depreciation 523 464 454 454 Finance Co
Slide 32: Historical Consolidated Balance Sheet
31 Historical Consolidated Balance Sheet Particulars (INR Mn) FY21 FY22 FY23 Particulars (INR Mn) FY21 FY22 FY23 EQUITY AND LIABILITIES ASSETS Equity Share Capital 286 296 301 Non-Current Assets Other Equity 8,063 9,126 9,741 Property, Plant and Equipment 3,264 3,120 4,841 Shareholders Fund 8,349 9,
Slide 33: Capital Market Data
32 Capital Market Data 1 Year Stock Performance (up to 31st March,2023) 10% 0% -10% -20% -30% -40% Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Man Industries Sensex Market Data (As on 31st March, 2023) Shareholding Pattern (As on 31st March, 2023) Shareholder
Slide 34: List of Abbreviations
33 List of Abbreviations • API - American Petroleum Institute • FBE - Fusion Bonded Epoxy Coating • DEBE - Dual Fusion Bonded Coating • CWC - Concrete Weight Coating • NDT- Non Destructive Testing • CNC - Computer Numeric Control • GMAW - Gas Metal Arc Welding • LPE - 3 Layer Polyethylene Coating •
Slide 35: Disclaimer
34 Disclaimer Man Industries Ltd. Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in
Slide 36: Thank You
the line pipe people THANK YOU
Man Industries (India) — Investor Presentation (June 2023) on 6ix