Bharat Dynamics Ltd. · NSE:BDL
Bharat Dynamics — Investor Presentation (June 2023)
18 slides from Bharat Dynamics's investor presentation, Jun 8, 2023
Slide 1: Intimation of Schedule of Analyst/Institutional Investor Meetings
BHARAT DYNAMICS LIMITED (A Govt. of India Enterprise, Ministry of Defence) CIN :- L24292TG1970GOI001353 Corporate Office: - Plot No. 38-39, TSFC Building, Near ICICI Towers, Financial District,Nanakramguda, Hyderabad-500032 Registered Office: - Kanchanbagh, Hyderabad-500058 Tel: 040-23456145; Fax: 0
Slide 2: Investor Presentation June 2023
BHARAT DYNAMICS LIMITED INVESTOR PRESENTATION JUNE-2023 1
Slide 3: Disclaimer
DISCLAIMER By attending the meeting/telephonic call where this presentation is made, you agree to be bound by the trailing restrictions regarding the information disclosed in this presentation. This presentation has been prepared by Bharat Dynamics Limited (the “Company”) solely for information purp
Slide 4: Overview
BHARAT DYNAMICS LIMITED OVERVIEW • Bharat Dynamics Limited (BDL) was established in Hyderabad in the year 1970 as a Government of India Enterprise under the Ministry of Defence Rich History • BDL was nominated as a Mini- Ratna – Category – I Company by the Government of India in 2000 • Identified as
Slide 5: Business Areas
Launchers Ground Equipment Missiles Underwater Weapons & BUSINESS Decoys Integration of AREAS Airborne System with Platforms Air Borne Counter Measures Weapon System Integrator 4
Slide 6: Product Suite
BHARAT DYNAMICS LIMITED PRODUCT SUITE Akash-SAM Milan-2T Surface – to – Anti Tank Air Missile Guided Missile Konkurs-M (SAM) & Air –to- Air Missile MR-SAM (ATGM) INVAR ASTRA Missile Heavy Weight Torpedo CMDS-Aircrafts Underwater Counter Weapons Measure Devices Light Weight Torpedo Anti-Torpedo Syste
Slide 7: Recent Developments
BHARAT DYNAMICS LIMITED RECENT DEVELPOMENTS Combat heavy weight torpedo fired successfully and met all parameters. NAG ATGM : Military Evaluation Trails completed for NAG ATGM and waiting for RFP, which is expected in this year. Konkurs-M & Akash Prime: PNC concluded for Konkurs-M fresh order and Ak
Slide 8: Achievement vs Target for FY 2022-23
BHARAT DYNAMICS LIMITED ACHIEVEMENT VS TARGET FOR THE FY 2022-23 Sl.NO Product Group % Achievement Reasons for shortfall against Target Shortfall was due to delay in receipt of certain imported long lead 1 ATGMs 64% Electronics items and critical raw materials in view of the current global situation
Slide 9: Financial Summary
BHARAT DYNAMICS LIMITED FINANCIAL SUMMARY Particulars Units FY23 FY22 FY21 FY20 FY19 Revenue from Operations ₹ Cr. 2489.39 2817.40 1913.76 3104.87 3069.35 Profit Before Exceptional Items and Tax ₹ Cr. 481.80 743.50 340.88 742.45 671.36 Profit Before Tax ₹ Cr. 481.80 709.91 340.88 742.45 671.36 Profi
Slide 10: Key Financial Highlights FY 2022-23
BHARAT DYNAMICS LIMITED KEY FINANCIAL HIGHLIGHTS FY 2022-23 Revenue from Profit After Tax -30% Value of Production -14% Operations -12% 500 2,902 2,508 2,817 352 2,489 FY22 FY23 FY22 FY23 FY22 FY23 EBITDA -41% Number of -4% Earnings per Share -30% 693 Employees 27.28 2,674 2,561 19.22 409 FY22 FY23
Slide 11: Key Financial Highlights
BHARAT DYNAMICS LIMITED KEY FINANCIAL HIGHLIGHTS Revenue from Operations (in INR Cr) EBITDA (in INR Cr) & EBITDA Margin 3500 1000 30% 3,069.4 3,104.9 2,817.4 900 755.5 3000 25.8% 25% 2,489.4 800 24.3% 726.1 2500 700 622.1 20.3% 20% 1,913.8 600 18.0% 2000 16.4% 500 344.7 15% 1500 408.6 400 1000 10% 3
Slide 12: Key Financial Highlights
BHARAT DYNAMICS LIMITED KEY FINANCIAL HIGHLIGHTS Return on Equity (in %) Total Dividend(in INR Cr) & *Dividend Payout Ratio 25% 180 52.3% 55% 21.9% 20.0% 160 48.6% 50% 20% 17.3% 140 120 45% 15% 100 11.1% 40% 9.7% 80 10% 60 35% 30.1% 30.1% 30.4% 40 5% 30% 20 127 161 135 152 171 0% 0 25% FY19 FY20 FY2
Slide 13: Order Book Position
BHARAT DYNAMICS LIMITED ORDER BOOK POSITION Stable Order Book Order Book As Order Book As Target Revenue for the year: Rs.3200 Crore New Orders on 1 April 2022 received from on 31 May 2023 April,23 to May,23 INR 518 Cr INR 20408 Cr EBITDA Margin: 20% - 23% INR 10297 Cr Guidance – FY 24 R&D Investmen
Slide 14: Way Ahead – Future Programs (in Association with DRDO)
WAY AHEAD – FUTURE PROGRAMS (in Association with DRDO) (*Expected year of realization of Order) 1 QRSAM *(FY 2025-26) 2 AKASH NG SAM(FY(*(FY 2026-27) 3 VLSRSAM *(FY 2026-27) 4 DHRUVASTRA/HELINA ATGM *(FY 2025-26) 5 NAG ATGM *(FY 2025-26) 6 MPATGM *(FY 2026-27) 7 LRLACM *(FY 2027-28) 13
Slide 15: Way Ahead – Future Programs (in Association with DRDO)
WAY AHEAD – FUTURE PROGRAMS (In association with DRDO) (*Expected year of realization of Order) 8 SAAW (Smart Anti Air Field Weapon) *(FY 2024-25) 9 Electrical Heavy Weight Torpedo *(FY 2026-27) 10 Advanced Light Weight Torpedo *(FY 2025-26) 11 MIGM (Multi Influence Ground Mines) *(FY 2025- 26) 12 S
Slide 16: Way Ahead – Future Programs (Inhouse R&D)
WAY AHEAD – FUTURE PROGRAMS (INHOUSE R&D) (*Expected year of realization of Order) Drone Fired Missile *(FY 2026-27) AMOGHA III ATGM *(FY 2026-27) Drone Fired 1 Kg Bomb Drone Fired 3.5 Kg Bomb *(FY 2024-25) *(FY 2024-25) 15
Slide 17: Foreign Collaboration Programs
FOREIGN COLLABORATION PROGRAMS (*Expected year of realization of Order) LBRM MISTRAL ASRAAM *(FY 2023-24) *(FY 2026-27) *(FY 2026-27) 122 mm GRAD SPIKE ER2 ROCKETS 70MM LGR *(FY 2024-25) *(FY 2025-26) *(FY 2024-25) 16
Slide 18: Thank You
THANK YOU 17