Premier Explosives Limited · NSE:PREMEXPLN
Premier Explosives — Q4 FY2024 Earnings Presentation
27 slides from Premier Explosives's earnings presentation, May 30, 2024
Slide 1: Premier Explosives Limited results filing cover letter
~GE"'E~}- ~ Premier l \~ ~NV'GLJ Explosives '00"""01'/ M GMT. SYS. AvA C0[4 limited 30th May, 2024 To To The General Manager The Vice President, Department of Corporate Relations Listing Department BSE Limited The National Stock Exchange of India Sir Phiroze Jeejeebhoy Towers, Limited Dalal Street,
Slide 2: Investor Presentation May 2024
P R E M I E R EXPLOSIVES L I M I T E D FOR A PREMIER POSITION 1 I N V E S T O R P R E S E N T A T I O N | May 2024
Slide 3: Agenda
Agenda ⨠ Key Highlights – Q4 & FY24 ⨠ Company Overview ⨠ Business Segments & Growth Strategy
Slide 4: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Premier Explosives 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 5: Financial Highlights – Q4 & FY24
Financial Highlights – Q4 & FY24 Revenue (Rs Mn) EBITDA (Rs Mn) & Margin (%) PAT (Rs Mn) & Margin (%) Order Book 66% 17.4% 1000 15.5% 900 800 700 8% Q4FY24 Rs. 9,647 Mn 600 500 5% 868 151 3.6x times FY24 Revenue 400 523 66 300 200 81 23 100 0 Q4FY23 Q4FY24 Q4FY23 Q4FY24 Q4FY23 Q4FY24 Cash Profit (Rs
Slide 6: Revenue Break up – Q4 & FY24
Revenue Break up – Q4 & FY24 Year Change Standalone (Rs. Mn) Q4FY24 Q4FY23 Q3FY24 Y-o-Y (%) Q-o-Q (%) Explosives 157 234 216 (33%) (27%) Defence & Space Witnessed Growth in Export 711 289 230 139% 209% services • In Q4FY24, Overall Export revenues grew at Total 868 523 446 66% 95% 526% Q-o-Q to Rs.
Slide 7: Profit & Loss Statement
Profit & Loss Statement Standalone (Rs. Mn) Q4FY24 Q4FY23 Y-o-Y (%) Q3FY24 Q-o-Q (%) FY24 FY23 Y-o-Y (%) Revenue from Operations 867.9 523.2 65% 445.6 95% 2,717.2 2,020.3 34% Expenses 717.0 442.1 62% 396.7 81% 2,132.2 1,762.1 21% Operating Profit 150.9 81.1 86% 48.9 209% 585.0 258.2 127% Operating M
Slide 8: Balance Sheet Highlights
Balance Sheet Highlights Standalone (Rs. Mn) Mar’23 Mar’24 Equity Share Capital 107.5 107.5 Other Equity 1,843.0 2,095.1 Non-current liabilities 178.2 360.6 Current liabilities 1,461.2 1,883.3 Total Liabilities 3,589.9 4,446.5 Net Fixed Asset Block 1,815.5 1,907.1 CWIP 18.1 30.9 Other non-current As
Slide 9: Strong Order Book of Rs. 9,647 Mn, ~3.6x of FY24 Revenue
Strong Order Book of Rs. 9,647 Mn, ~3.6x of FY24 Revenue Order Book (Rs. Mn)… …Segmental split …Geographical spilt 9,647 2% 12% 11% 4,838 5,209 4,287 3,890 86% 89% Mar'20 Mar'21 Mar'22 Mar'23 Mar'24 Services Explosives Defence Domestic Export • Order Inflow in FY24 stands at ~Rs 7,115 Mn (Excl GST).
Slide 10: Company Overview
Company Overview
Slide 11: Pioneer in Explosives & Defence Sector…
Pioneer in Explosives & Defence Sector… A leading manufacturer of High Energy Materials • 1st in India to manufacture Explosives and Detonating fuse with indigenous technology. • 1st in the world to produce Safer and Greener NHN detonators on commercial scale. • 1st Private Company to manufacture So
Slide 12: Grew under leadership of Industry Veteran..
Grew under leadership of Industry Veteran.. Dr. A. N. Gupta Non-Executive Chairman • Recipient of ‘Udyog Rattan Award’ & ‘Pickering and ISM Medal’ • Member of Society of Explosives Engineers, U.S.A, Ex-Chairman of Explosives Development Council and Fellow of High Energy Materials Society of India (H
Slide 13: with impetus on Research & Development…
with impetus on Research & Development… Collaboration with Gulbarga University, IIT Madras and BITS Pilani for research in high energy materials World’s 1st producer of NHN based detonators on commercial scale much safer and greener than traditional ASA. o Licensed the technology to a US company Dev
Slide 14: & high focus on Safety at Manufacturing facilities
& high focus on Safety at Manufacturing facilities Bulk Explosives • Singrauli (Madhya Pradesh) • Chandrapur (Maharashtra) • Godavarikhani (Telangana) • Manuguru (Telangana) • Neyveli (Tamil Nadu) Accessories & Defence Explosives • Peddakandukur (Telangana) Detonator, Detonating fuse, Packaged Explo
Slide 15: Greenfield expansion at Katepally
Greenfield expansion at Katepally Katepally Solid Propellant Plant • Obtained License from Chief Controller of Explosives, Nagpur for production of solid propellant at the facility • Facility will enable Company to manufacture Solid Propellant of larger size for ISRO & DRDO. ✓ Received order for pro
Slide 16: Serving the critical needs of Industry
Serving the critical needs of Industry Commercial Explosives • Manufactures diverse range of commercial explosives for Mining & Infrastructure Industries • Product range includes Bulk Explosives, Cartridge Explosives, Cast Booster, Detonators, Detonating Fuse, etc Defence & Aerospace • Manufacture o
Slide 17: Business Segments
Business Segments
Slide 18: Stable business of Commercial Explosives…
Stable business of Commercial Explosives… Manufacturing Explosives Products …. …for Clients in Mining & Infrastructure Industries Bulk Explosives Cast Boosters Cement Manufacturers Detonators Detonating Fuse Export to Countries Israel, Greece, Jordan, Turkey, Nepal, Thailand, Philippines, Indonesia,
Slide 19: Building Defence & Aerospace segment…
Building Defence & Aerospace segment… Manufacturing Products across segments …. Propellants Pyros Explosives Counter-measures Pyrogen igniters Pyro cartridges CL – 20 Chaffs Case-bonded propellants Pyro actuators HNS – IV Flares Free standing grains Smoke / flash generators HMX / RDX and their compo
Slide 20: with focus on enhancing Technological Capabilities…
with focus on enhancing Technological Capabilities… Unmatched Technological know-how and Research Capabilities…. …. and Industrial Licences from DIPP In-house development Production under ToT Defence Industrial Licenses • Pyrogen Igniters for Strategic missiles • In Defence, received Industrial Lice
Slide 21: Enhancing product offering…
Enhancing product offering… for Indian Air Force On-going Under Development Chaffs & Flares 70 mm rockets Air-Glide bombs Air Target Imitators (for Air Defence & Indian Army Re-graining of existing missiles Indigenization of power cartridges Canopy severance system for Missile Programme Expanding pr
Slide 22: Contributing to India’s Prestigious Missile Programs
Contributing to India’s Prestigious Missile Programs Missile Type Stage Client End user PEL’s contribution Tactical, Bharat Dynamics Limited Indian Air Force and Indian Supplied 2000+ booster grains and Akash Production Surface to Air (BDL) Army 450+ sustainer grains Tactical, 100% requirements of s
Slide 23: Increasing participation in India’s Space Program
Increasing participation in India’s Space Program Operations & Maintenance Under GOCO • Operating and Maintaining Solid Propellant plant of ISRO at SHAR under GOCO Contract for 10 years in Jan’2019 • Operating and maintaining the solid propellant plant of Advance Systems Laboratory (ASL) at Solid Fu
Slide 24: Defence : Opportunity landscape
Defence : Opportunity landscape Government enhances focus on “Make In India” in Defence Well positioned to enhance participation • Defence Ministry puts ‘101+ Defence items’ under import embargo under • Pioneer in manufacturing and supply solid propellants to ‘Atmanirbhar Bharat Programme’ India’s p
Slide 25: Building Company with Vision - 2025
Building Company with Vision - 2025 Continue the Develop low cost Develop capacity for Meet the full Enter export market leadership in High processes and missile integration requirements of for defence products Energy Materials for techniques for ISRO’s strap-on and high energy defence and space pro
Slide 26: Awards & Appreciations
Awards & Appreciations Year Award Awarded By 2019 SME - Empowering India Awards 2019 in the Defense & Aerospace (Mid - Corporate) Hon'ble Union Minister of Steel 2016 HEMSI Honorary Fellowship to Dr. A.N.Gupta High Energy Materials Society of India 2015 Outstanding Entrepreneur Award Enterprise Asia
Slide 27: Contact Us
Contact Us PREMIER EXPLOSIVES LIMITED STELLAR IR ADVISORS LIMITED Mr. Srihari Pakalapati (CFO) Ms. Pooja Sharma/ Mr. Vishal Mehta cfo@pelgel.com pooja.sharma@stellar-ir.com /vishal@stellar-ir.com ‘Premier House’, 11 Ishaq Colony, Near AOC Center, Secunderabad 500 015 A- 405, Kanakia Wall Street, And