Jyoti Cnc Automation Limited · NSE:JYOTICNC
Jyoti Cnc Automation — Q4 FY24 Earnings Presentation
43 slides from Jyoti Cnc Automation's earnings presentation, May 21, 2024
Slide 1: Stock exchange intimation letter for investor presentation
JYOTI CNC AUTOMATION LIMITED CIN: U29221GJ1991PLC014914 Regd. Off.: G – 506, Lodhika GIDC, Kalawad Road, Metoda, Rajkot – 360 021. Date: May 21, 2024 To, To, The Department of Corporate Services, The Listing Compliance Dept. BSE Limited, Mumbai National Stock Exchange of India Ltd, Mumbai BSE Script
Slide 2: Update on Earnings for Q4 and FY24
JYOTI CNC AUTOMATION LTD. Update on Earnings for Q4 and FY24
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Jyoti CNC Automation 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
Slide 4: Q4 and FY-24 Financials
Q4 AND FY-24 FINANCIALS
Slide 5: Financial Performance – Q4
Financial Performance – Q4 Revenues from Operations (₹ mn) EBITDA (₹ mn) and Margins PBT/PAT (₹ mn) EBITDA (INR mn) EBITDA Margin % PBT (INR Mn) PAT (INR Mn) 1% 5, 000.0 4, 500.0 19% 1, 600.00 59% 1, 200.00 1,076 996 4,501 4,458 39% 29.7% 4, 000.0 832 1, 400.00 1, 000.00 3, 500.0 3,779 1, 200.00 25.
Slide 6: Financial Performance – FY24
Financial Performance – FY24 Revenue from Operations (₹ mn) Operating EBITDA (₹ mn) and margins* PBT/ PAT (₹ mn) Inside India Outside India Operating EBITDA (INR mn) Margin % PBT (INR Mn) PAT (INR Mn) 44% 2000 13,384 3,500.00 22.5% 1500 1,849 5,796 11,000.00 3,000.00 9,293 1000 1,509 7,465 2,500.00
Slide 7: Order Book – Continues to Provide Visibility of Future Growth
Order Book – Continues to Provide Visibility of Future Growth Order Book movement Q4 Order Intake - End User Robust Order Book Across Large during the Quarter Industry Segment Spectrum of End-User Industries 4% 9% 5% 6% 2% 7% 21% 15% 34,383 INR 6,358 Mn INR 34,383 Mn 35% 32,424 6,358 51% 15% 4,399 2
Slide 8: Update on Deployment of IPO Proceeds as on 31st March 2024
Update on Deployment of IPO Proceeds as on 31st March 2024 Proposed Actual Unutilized Purpose of Proceeds Utilization of Utilization Amount Proceeds of Proceeds Repayment and/or pre-payment 475 Cr. 475 Cr. - Funding long-term working capital 360 Cr. 99.56 Cr. 260.44 Cr. General corporate purpose 114
Slide 9: Company Profile
COMPANY PROFILE
Slide 10: Our Mission
Our Mission Economical / Cultural Contribution Seeks always to be considered as the major contributor to the society economically and culturally. Patronizing Technological Education Comfort to Human Life through Technology To patronize the technological Our purpose leads to the advancement of educat
Slide 11: Jyoti at a Glance
Jyoti at a Glance Installations Product Variants 1,30,000 + machines installed across Manufacturing the globe Facilities Wide range of 200+ product variants Plant Area 2 Plants at Rajkot, India 1 Plant at Foreign Strasbourg, Subsidiaries France 2,53,822 sqm. France Inception Germany Canada Turkey 19
Slide 12: Key Milestones
Key Milestones 1991 2007 2008 2016 ✓ Originally incorporated as AMB ✓ Acquired Huron Graffenstaden SAS. ✓ Inaugurated a R&D facility at Rajkot, ✓ Entered into an MOU with a research Engineering Company Private ✓ Increased the installed capacity to Gujarat institution constituted by the Govt. of Limi
Slide 13: Board of Directors
Board of Directors Parakramsinh Ghanshyamsinh Jadeja - Promoter, Chairman & Managing Director ● He has been associated with Jyoti Enterprise as a partner since 1989 ● He is also a director on the board of Indian Machine Tool Manufacturers Association since December 2015 and Neo Rajkot Foundation sin
Slide 14: Management & Execution Team
Management & Execution Team Kamlesh Sureshbhai Solanki – Chief Financial Officer Vikas Raj Taneja – President - Marketing He joined the Company in March 1, 2004 as Manager - Finance and was appointed as He has been associated with the Company since December 1, 2008 Chief Financial Officer with effec
Slide 15: Vertically Integrated Manufacturing Facilities
Vertically Integrated Manufacturing Facilities Foundry Paint Shop, Rajkot Machine Shop Building Sheet Metal Unit Assembly Line 1 Assembly Line 2 Assembly Building Manufacturing Facility, France Key Benefits ✓ Our integrated operations enables us manufacture some of the critical machine components su
Slide 16: R & D Capability - The Key Strength
R & D Capability - The Key Strength Leodardo Da Vinci R & D Center Designed and developed a portfolio of CNC machines in India with over 200+ variants across 44 product verticals. Jyoti CNC has developed ‘7th Sense’ solutions , an Industry 4.0 initiative which is geared towards automating sophistica
Slide 17: Manufacturing Capacities
Manufacturing Capacities 237,408.50 16,414 sq. meters of Strasbourg sq. meters in industrial land in India France Rajkot 164,655.32 9,629 sq. meters of sq. meters of unutilized unutilized land in India land 6,000* Machines p.a. 121 Installed Capacity for CNC Installed Capacity Machines (*by Sept 202
Slide 18: Huron – The Technology Backbone
Huron – The Technology Backbone STRATEGIC LOCATION PRODUCT BASKET Located at the Central Europe Broadening of Product basket with the addition of 5 Axis High Precision which is considered as the hub of Machining Centers for Jyoti the machine tool Industry EXPOSURE TO THE WORLD AEROSPACE & DEFENCE CL
Slide 19: Sales & Distribution Network
Sales & Distribution Network Sales & Marketing strategy primarily focused on customer engagement along with seeking to establish new relationships with customers 29 Sales and Service Centers spread across 12 states in India 2 Distributors / Dealers in India and 11 distributors / dealers outside Indi
Slide 20: Global Customer Base
Global Customer Base Canada Germany France Switzerland Italy Portugal Turkey USA China Saudi Arabia Bangladesh Mexico UAE India Singapore South Africa "This map is only for the purpose of representation and is not to be considered an accurate geopolitical representation." 1,30,000 + Machines Install
Slide 21: End User Industry Segments
End User Industry Segments DEFENCE ELECTRONICS AEROSPACE AUTOMOBILE
Slide 22: End User Industry Segments
End User Industry Segments RAILWAY INFRASTRUCTURE DIE & MOULD OIL & GAS
Slide 23: End User Industry Segments
End User Industry Segments HEALTHCARE POWER PUMP & VALVES BEARINGS
Slide 24: Product Presence Across The Value Chain
Product Presence Across The Value Chain 200+ product variants across industry segments Entry Level Machines CNC Turning / Turn Mill Centers CNC Vertical Machining Centers CNC Horizontal Machining Centers Mid-range Machines CNC 5 Axis Machining Centers CNC Multi Tasking Machines High-end Machines
Slide 25: Key Clientele
Key Clientele AEROSPACE - DEFENCE AUTOMOBILE
Slide 26: Key Clientele
y Key Clientele aon OTHERS ArcelorMittal ad HAVELLS [a8 Yn ROLLED RINGS UNIPARTS GROUP gees Welspun’ GEIR] Onmsse S<~sere GB Brakes india @) WENDT _ rot SONALIKA
Slide 27: Awards FY24
Awards FY24 Recognized as ‘Best Brand in the Metal Cutting Industry’ by Economic Times for 6 consecutive years from 2018 to 2023 IMTMA Export Performance Award 2024 in Machine Tool category in January 2024 Jyoti wins “The Best Stall Award” at Mach Auto Expo, Ludhiana in February 2024
Slide 28: Road Ahead
ROAD AHEAD
Slide 29: Global Machine Tool Industry
Global Machine Tool Industry Global Consumption Top 10 Consumers Top 10 Producers % of Global % of Global 3.30% Rank Country Rank Country Consumption Production 1 China 34.50 1 China 32.8 2 USA 12.70 2 Japan 12.7 3 Italy 7.20 3 Germany 12.4 4 Germany 6.90 4 Italy 8.3 ~ $80 Bn 96.70% 5 Japan 5.10 5 U
Slide 30: Flying High, Souring Skies
Flying High, Souring Skies EMS Semiconductor Automobile & General Engineering Aerospace / Defence Manufacturing Growth in India Increased Defence Spending Globally
Slide 31: Leveraging Emerging Industrial Sectors
Leveraging Emerging Industrial Sectors
Slide 32: Our Growth Engines
Our Growth Engines AEROSPACE AND DEFENCE ✓ The Global Aerospace and Defence market size is expected to reach as ~US$ 1388 B (@ 8.2% CAGR) by 2030 ✓ Increase in Defence spendings globally due to Geo-Political circumstances EMS ✓ I-phone exports from India during FY24 has reached all time high at USD
Slide 33: Strategies for the Next Leap
STRATEGIES FOR THE NEXT LEAP
Slide 34: Strategies for the Next Leap
Strategies for the Next Leap PEOPLE DEVELOPMENT PRODUCT DEVELOPMENT MARKET EXPANSION MANUFACTURING CAPACITY EXPANSION
Slide 35: People Development
People Development Extensive focus on skill development of existing manpower and new entrants through COE (Center Of Excellence) To Imbibe Growth Mindset Lead Self To Foster Technology and Innovation CENTER OF To Ensure Quality Lead Others EXCELLENCE To Enhance Productivity Lead Business To make JYO
Slide 36: New Product Development
New Product Development Leveraging R & D strength to design and develop new product variants in line with global industry demands. End User Segments : Automobile, Aerospace, Defence, Oil & Gas, Healthcare, Die & Mould GU 5 FIVE Global Market Size : ~0.42B USD 5 Axis Gantry Type Machining Center Tach
Slide 37: Market Expansion
Market Expansion Exploring under-penetrated market demography such as USA, South Asia (Thailand, Vietnam, Indonesia) etc. Germany France Switzerland Italy Turkey China USA India Thailand Vietnam Indonesia
Slide 38: Manufacturing Capacity Expansion
Manufacturing Capacity Expansion Constructing the additional machine building capacity through expansion of assembly, sub-assembly and foundry. New Assembly Line – Exterior View New Assembly Line – Interior View Capacity Expansion to 2000 tons p.m. Capacity enhancement will lead to production capaci
Slide 39: Q4 & FY24 Financials
Q4 & FY24 FINANCIALS
Slide 40: Statement of Profit & Loss - Quarterly
Statement of Profit & Loss - Quarterly Particulars (₹ mn) Q4FY24 Q3FY24 Q-o-Q % Q4FY23 Y-o-Y % Income Revenue from operations 4,501.3 3,779.2 19.1% 4,457.8 1.00% Other income 29.9 31.0 (3.54%) 109.5 (72.68%) Total income (I) 4,531.2 3,810.2 18.9% 4,567.3 (0.79%) Expenses Cost of materials consumed +
Slide 41: Statement of Profit & Loss – Annually
Statement of Profit & Loss – Annually Particulars (₹ mn) FY24 FY23 FY22 FY21 Income Revenue from operations 13,384.7 9,292.6 7,464.9 5,800.6 Other income 64.9 233.4 35.7 100.3 Total income (I) 13,449.5 9,526.0 7,500.6 5,900.9 Cost of materials consumed + Changes in inventories of finished goods 6,73
Slide 42: Balance Sheet - Snapshot
Balance Sheet - Snapshot Particulars (₹ mn) FY24 FY23 FY22 FY21 Particulars (₹ mn) FY24 FY23 FY22 FY21 ASSETS EQUITY & LIABILITIES Property, Plant and Equipment 3,086.43 2,688.86 2,745.55 2,991.55 Equity Share Capital 454.85 329.29 294.79 294.79 Capital work-in-progress 487.28 82.79 8.97 510.89 Comp
Slide 43: Thank You!
Since 1857 ~ WiYom