Isgec Heavy Engineering Ltd. · NSE:ISGEC
Isgec Heavy Engineering — Q4 FY2020 Earnings Presentation
34 slides from Isgec Heavy Engineering's earnings presentation, Jul 6, 2020
Slide 1: BSE cover letter: Investor Presentation intimation
Uploaded on BSE Limited Website: http://listing.bseindia.com Ho-425-S Dated: 06.07.2020 Manager – Department of Corporate Services, Bombay Stock Exchange Ltd., Registered Office: Floor 25, P J Towers, Dalal Street, Mumbai 400 001 Dear Sir/Madam, Furnishing of Information as per SEBI (Listing Obligat
Slide 2: Investor Presentation 6th July 2020
Investor Presentation 6th July 2020 03 Februar y 2020 1
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by ISGEC Heavy Engineering Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for
Slide 4: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Giving Back To Society 7 Key Investment Highlights 03 Februar y 2020 3 Investor Presentation 3
Slide 5: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Giving Back To Society 7 Key Investment Highlights 03 Februar y 2020 4 Investor Presentation 4
Slide 6: ISGEC at a glance
ISGEC at a glance A Diversified Heavy Engineering Company engaged in Manufacturing and Project Businesses. Manufacturing of Presses, Castings and Process Equipment. Turnkey Projects for setting up Boilers, FGD’s, Sugar Plants, Distilleries, Power Plants and Bulk Material Handling facilities. Revenue
Slide 7: ISGEC at a glance
ISGEC at a glance Diversified Heavy Engineering Company Robust Balance Sheet Mix of Manufacturing and Project Businesses FY20 Net Worth of INR 19,353 Mn Mix of Domestic & Export Revenues Strong Credit Rating - ICRA Credit Rating of AA (Stable) Wide Spectrum of User Segment Strong Labour Force Highly
Slide 8: Our Journey
Our Journey What started off in 1933 as a Sugar Manufacturing Company has been transformed into a Diversified Heavy Engineering Company with 90.5% of our Consolidated Revenues coming from Engineering Products and Projects 1933-1990 1991-2010 2011-2015 2016-2020 1933 Company (erstwhile named as Saras
Slide 9: Global Footprint - Presence across 91 countries
Global Footprint - Presence across 91 countries Sales from outside India contributed ~23% of Total Revenue in FY20 India 69% 69% 75% 77% 77% Global 31% 31% 25% 23% 23% FY16 FY17 FY18 FY19 FY20 03 Februar y 2020 8 Investor Presentation 8
Slide 10: Shareholder Information
Shareholder Information Shareholding structure – 31st March 2020 Shareholder Information as on 31st March 2020 Promoter BSE Ticker 533033 25.4% Market Cap (INR Mn) 18,776 Mutual Funds % Free- float 38% Free Float Market Cap (INR Mn) 7,135 1.6% Shares Outstanding (Mn) 73.5 10.6% 62.4% FIIs 3M ADTV (S
Slide 11: Our Team
Our Team Our Team Board of Directors Mr. S.K. Khorana Executive Director & Company Secretary Mr. Ranjit Puri Non-Executive Chairman & Promoter Mr. Ravi Jaidka Executive Director Mr. Aditya Puri Managing Director & Promoter Mr. Kishore Chatnani Chief Financial Officer Mrs. Nina Puri Whole-time Direct
Slide 12: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Giving Back To Society 7 Key Investment Highlights 03 Februar y 2020 Investor11 Presentation 11
Slide 13: State-of-the-art Infra & Manufacturing Capabilities
State-of-the-art Infra & Manufacturing Capabilities Yamunanagar, Haryana Pressure Vessels & Heat exchangers, Presses, Boilers, Containers, Castings, Sugar and other Industrial Machinery Rattangarh, Haryana Boiler Components Bawal, Haryana Mechanical Presses and other Industrial Overseas facility Mac
Slide 14: Building Strength with Acquisitions and JVs
Building Strength with Acquisitions and JVs Saraswati Sugar Mills Ltd. Eagle Press & Equipment Co. Ltd. With cane crushing capacity of ~ 10000 Press manufacturing company in TCD, having highest sugar recovery in 100% Windsor (Ontario) Canada Punjab and Haryana for the past 10 years 51% ISGEC Hitachi
Slide 15: Engineering for Excellence - Our Business Segments
Engineering for Excellence - Our Business Segments ISGEC is a significant global player across business areas in Manufacturing and EPC Manufacturing Engineering & Projects Process Equipment Sugar Plants & Distilleries Iron & Steel Castings Air Pollution Control Equipment Industrial Boilers Boiler Tu
Slide 16: Catering to Wide Spectrum of Industries
Catering to Wide Spectrum of Industries Railways Power Fertilizer Cement Mines Ports Oil & Gas Steel Chemical Space Automobiles Defence Sugar Distillery Paper Water Treatment 03 Februar y 2020 Investor15 Presentation 15
Slide 17: Serving Global and Domestic Clients
Serving Global and Domestic Clients 03 Februar y 2020 Investor16 Presentation 16
Slide 18: Technology Infusion across the Years
Technology Infusion across the Years 1964 1985 1998 2006 2009 2010 2012 2016 2016 2017 2020 John Thompson, UK Boilers Tei USA Envirotherm, Germany Waste Heat Boilers, ESPs HP Heat Exchangers HITZ Critical Process Rovetta Presse, Italy Equipment Sumitomo SHI FW Energia Mechanical Presses OY, Finland
Slide 19: Achieving Operational Capabilities
Achieving Operational Capabilities Manufacturing and Maintenance facilities for Indian Railways Presses Industrial Boilers Liquefiable Gas 5000+ PRESSES 800+ High Capacity and High Containers 26 COUNTRIES Pressure Boiler installations in 3,00,000+ Containers in 48 countries 60+ Countries 70+ PRESS L
Slide 20: Standing Strong with Global Quality Benchmarks
Standing Strong with Global Quality Benchmarks Conformitè Europëenne Quality Management System–Approved by Lloyds Register of Quality Assurance Environment Management Occupational Health & Safety Management System-Approved by DNV GL System Business Assurance National Board, USA, 'R’ Symbol, ‘NB’ Mar
Slide 21: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Giving Back To Society 7 Key Investment Highlights 03 Februar y 2020 Investor20 Presentation 20
Slide 22: Positioned No.1 / No. 2 in most Business Lines
Positioned No.1 / No. 2 in most Business Lines Market Leadership Rankings Hydraulic & Mechanical Presses Process Equipment Sugar Plants Slop Fired Boilers ET 500 279 (2019) Fortune India 500 259 (2019) CFB Boilers Oil & Gas Boilers Business Today 500 397 (2019) Traveling Grate Boilers Bubbling Bed B
Slide 23: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Giving Back To Society 7 Key Investment Highlights 03 Februar y 2020 Investor22 Presentation 22
Slide 24: COVID-19 Implications
COVID-19 Implications • Q4 was panning out broadly in line with company expectations, but the disruption caused due to COVID 19 led to an estimated revenue shortfall of around Rs. 3,000 million and profit before tax would also have been correspondingly higher Business • About 2% of our existing orde
Slide 25: Actions to Minimize Impact
Actions to Minimize Impact • All factories which were closed during lockdown are now working at full capacity and there are no labour issues. • On restarting after lockdown, manpower at EPC project sites was only around 30% of normal, and now it has reached about 60%. (It will take at least 2-3 mont
Slide 26: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Giving Back To Society 7 Key Investment Highlights 03 Februar y 2020 Investor25 Presentation 25
Slide 27: Performance Highlights
Performance Highlights Q4FY20 Impacted by COVID-19 pandemic In INR Mn Revenue EBITDA PAT 16,857 1,219 638 15,892 15,415 918 707 387 YoY QoQ YoY QoQ YoY QoQ 3% 9% 23% 42% 65% 79% 134 Q4FY19 Q3FY20 Q4FY20 Q4FY19 Q3FY20 Q4FY20 Q4FY19 Q3FY20 Q4FY20 FY20 Shows healthy underlying performance Revenue EBITD
Slide 28: Financial Performance Trend
Financial Performance Trend In INR Mn Revenue EBITDA PAT 58,522 2,483 4,853 46,296 50,507 4,130 1,905 40,559 38,259 3,540 3,567 1,684 3,350 1,440 1,507 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 Segment Revenue FY20 26% 64% 9% Robust revenue growth led by strong execu
Slide 29: Strong Balance Sheet
Strong Balance Sheet Total Debt/Equity Interest Coverage Ratio Turnover Ratio 8.3 0.6 13.6 7.8 6.9 0.5 10.9 6.4 10.0 5.2 4.9 5.0 4.9 4.1 4.0 0.3 6.3 6.3 0.2 0.1 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 * Total Debt includes all interest bearing liabilities. Fixed as
Slide 30: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Giving Back To Society 7 Key Investment Highlights 03 Februar y 2020 Investor29 Presentation 29
Slide 31: Giving Back To Society: A Few of the Activities Undertaken
Giving Back To Society: A Few of the Activities Undertaken Remedial Classes for 250 Less Privileged Children at Nai Disha Educational & Cultural Society, an NGO (Stationary / Bags / Shoes / Sweaters / Mid Day Meals / Water / Dental Kits / Health Camp / etc) Solar Energy Systems for Rural / Semi Urba
Slide 32: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Giving Back To Society 7 Key Investment Highlights 03 Februar y 2020 Investor31 Presentation 31
Slide 33: Key Investment Highlights
Key Investment Highlights Presence in Comfortably Leadership Continued focus Geographically Constant Multiple Core placed to position in on niche diversified Forays into Sectors- Survive Down most technologies portfolio Futuristic Spreading cycles businesses mitigating Business Lines Market Risk con
Slide 34: Thank You
THANK YOU ISGEC HEAVY ENGINEERING LIMITED, INDIA skkhorana@Isgec.com | www.isgec.com Registered Office Radaur Road, Yamunanagar - 135001, Haryana, India CIN No.: L23423HR1933PLC000097 03 Februar y 2020 33
Isgec Heavy Engineering — Q4 FY2020 Earnings Presentation on 6ix