Slide 1: Cover letter to stock exchanges: Q4 FY21 Result Presentation
June 14, 2021 Listing Department The Manager National Stock Exchange of India Ltd. Dptt. of Corporate Services Exchange Plaza, C-1, Block G BSE Limited Bandra Kurla Complex, Floor 25 Phiroze Jeejeebhoy Towers Bandra (E), Dalal Street, Fort, Mumbai- 400051 Mumbai – 400 051 NSE Symbol: AXISCADES BSE S
Slide 2: Q4 FY21 & FY21 Investors Presentation
Q4 FY21 & FY21 INVESTORS PRESENTATION AXISCADES Technologies Limited CIN NO : L72200KA1990PLC084435
Slide 3: Disclaimer
Disclaimer Certain statements in this communication may be considered as ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materiall
Slide 4: Table of Contents
Table of Contents 1 Company Overview 2 Message from Chairman 3 Performance Highlights 4 Financial Performance 5 Business Outlook 6 Annexures 3
Slide 5: AXISCADES Overview
AXISCADES Overview AXISCADES is a Technology Company focusing on Product Engineering Solutions, serving Global OEMs Aerospace Defence & Homeland Security • Design & Analysis - Primary • Avionics, Radar/EW, C4I2 & Secondary Structures, • Automated Test Solutions Aircraft Interiors • Simulators, UAVs
Slide 6: Message from Chairman
Message from Chairman Commenting on the results and outlook, Mr. David Bradley, Chairman of AXISCADES said: “Given the pandemic and the challenging economic conditions, Company and the management team has done a commendable job during the year under review. Owing to the work undertaken over the last
Slide 7: Highlights for Q4FY21
Highlights for Q4FY21 • Strong Revenue growth of 19% Q-o-Q in INR terms at INR 1,489Mn • Revenue growth of 18% Q-o-Q in USD terms at USD20Mn • Operating profit stands at INR 231.2Mn, 15.2% growth. • Loss for the quarter is INR 105Mn. However, adjusted for exceptional item, i.e. impairment, the adjus
Slide 8: Highlights for FY21
Highlights for FY21 • Revenue decline is primarily attributed to Aerospace sector i. 25% Y-o-Y to USD 70Mn ii. 22% Y-o-Y to INR 5,238Mn. • Operating profit stands at INR 785Mn; at 14.6% margin • Loss for the year is INR 212Mn. However, adjusted for exceptional item, i.e. impairment, the adjusted pro
Slide 9: Consolidated Financial Performance – Q4 FY20 & FY21
Consolidated Financial Performance – Q4 FY20 & FY21 Particulars (INR Mn) Q4 FY20 Q3 FY21 Q4 FY21 FY20 FY21 Revenue 1,885 1,248 1,461 6,650 5,174 Other Operating Income 39 7 28 79 65 Other Income 14 30 31 76 145 Total Revenue 1,937 1,285 1,520 6,805 5,383 Cost of Material consumed 408 201 323 1,026 9
Slide 10: Consolidated Balance Sheet Snapshot
Consolidated Balance Sheet Snapshot Particulars 31-Mar-20 31-Mar-21 Notes Net Worth 3,151 2,986 Key highlights: Total debt(excld. Inter Co.) 1,442 728 - Reduction in Gross debt by 49% Y-o-Y; debt - Long term loan 389 208 in Company stands at INR 728 Mn - Current maturities of long term Borrowings 22
Slide 11: Diversified Revenue - Q4 FY21 vs Q3 FY21
Diversified Revenue - Q4 FY21 vs Q3 FY21 VERTICAL INDUSTRY GEOGRAPHY 42% 38% 37% 39% 70% 65% 36% 32% 31% 30% 24% 24% 22% 20% 35% 30% 8% 7% 3% 3% 2% 2% ENGINEERING DESIGN STRATEGIC TECHNOLOGY AEROSPACE HEG AIP ENERGY PRODUCT AND EUROPE USA APAC CANADA SERVICES SOLUTIONS SOLUTIONS Q4 FY21 Q3 FY21 Q4 F
Slide 12: Diversified Revenue - FY21 vs FY20
Diversified Revenue - FY21 vs FY20 VERTICAL INDUSTRY GEOGRAPHY 42% 75% 41% 70% 39% 39% 36% 33% 31% 30% 25% 23% 21% 30% 17% 25% 7% 3% 3% 6% 2% 2% ENGINEERING DESIGN STRATEGIC TECHNOLOGY AEROSPACE HEG AIP ENERGY PRODUCT AND SERVICES SOLUTIONS SOLUTIONS EUROPE USA APAC CANADA FY21 FY20 FY21 FY20 FY21 F
Slide 13: Financial Metrics – Q4 FY20 & FY21
Financial Metrics – Q4 FY20 & FY21 Key ratios (%) Q4 FY20 Q3 FY21 Q4 FY21 FY20 FY21 Total Income (Rs. Mn.) 1,937 1,285 1,520 6,805 5,383 Gross margin 28.3% 28.2% 27.0% 28.5% 25.6% Selling expenses 4.2% 3.8% 5.8% 5.0% 4.8% G&A expenses 4.4% 8.4% 5.6% 8.4% 6.1% Provision for Debtors 1.8% 0.0% 0.3% 0.5
Slide 14: Business Outlook
Business Outlook Aerospace Aerospace saw growth of 7.4% Q-o-Q after 4 quarters of decline. Off late we are witnessing increased activity and based on interactions with our customers and available information, FY22 is expected to be better compared to FY21. HEG HEG saw growth of 9% Q-o-Q. This contin
Slide 15: Annexures
é AXISCADES Annexures
Slide 16: About AXISCADES Technologies Ltd.
About AXISCADES Technologies Ltd. AXISCADES is a Technology Company focusing on Product Engineering Solutions, serving Global OEMs. Its proven technology products and services, coupled with industry best practices, enable global OEMs to create innovative, sustainable, safer and smarter products. The
Slide 17: Abbreviation and Key Terms
Abbreviation and Key Terms Key Terms Explanation Operating Margin Earning before Interest and taxes is calculated from Financial statement as per Regulation 33 of the Listing Regulations. Total Income Revenue is Total Income from operations as mentioned in Financial statement as per Regulation 33 of