Slide 1: Jash Engineering Ltd. Investor Presentation Q1FY24
JASH ENGINEERING LTD. Contributing to a sustainable environment…….Worldwide ! Investor Presentation Q1FY24, August 2023 Mahr Shivpad Engineers Maschinenbau Pvt Ltd
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Jash 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 any secur
Slide 3: Agenda
1 Company Overview Agenda 2 Product Overview 3 Financial Overview 4 Business Outlook Head Office at Unit 1 in Indore
Slide 4: Company Overview
Company Overview
Slide 5: Jash at-a-glance
Jash at-a-glance An ISO-9001:2015 / ISO-14001:2015 / OHSAS ISO 45000:2018 certified company dedicated to offering varied products for use in Water and Wastewater Pumping Stations and Treatment Plants, Storm Water Pumping Stations, Water Transmission Lines, Desalination, Power, Steel, Cement, Paper
Slide 6: Evolution of the company
Evolution of the company Biggest Water Control gates company of India Established UNIT-3 of Expanded Screen manufacturing Technical collaboration with & converted into public limited company. 50,000 Sqft. At SEZ facility and became largest Weco Armaturen, Germany to Technical & Financial collaborati
Slide 7: Evolution Through Acquisition
Evolution Through Acquisition Rodney Hunt Inc., USA To add world renowned brand and get access into north American market (FY-23 revenue ₹ 163.9 Cr.) of water control gates. To get access to top representatives in states so (Acquired at US$ 4 million) that they can help in selling screens & knife ga
Slide 8: State of Art Facilities & Turnover Capability
State of Art Facilities & Turnover Capability Total Turnover Potential from existing facility ₹ 600+ Cr UNIT-1 CAST PRODUCTS PLANT UNIT-2 FABRICATED PRODUCTS PLANT UNIT-3 SEZ PLANT Built Up Area: 125,000 Sq. ft. Built Up Area: 185,000 Sq. ft. Built Up Area: 75,000 Sq. ft. Turnover Capability : ₹ 75
Slide 9: Plant Capabilities
Plant Capabilities Bend & shear Shot blasting of carbon Physical & Chemical stainless steel up to steel up to 5000 x 4000 x testing of material 14 mm thick 20000mm Machine job with maximum size of upto Bath pickle 10,000 x 4000 x stainless steel jobs Flight Forming Positive Material 1000 mm on CNC u
Slide 10: Products Overview
Products Overview
Slide 11: Product at a Glance
Product at a Glance Water intake Systems Heavy Fabricated Gates Coarse Screening Fine Screening Equipment Equipment Penstocks / Open Channel Bulk Head Slide Roller Gates Trash Rack Jash MMR Screenmat Step Rotoclean Rotary Sluice Gates Gates Gates Screen Screen Drum Screen Downward Opening Flap Gates
Slide 12: Product at a Glance
Product at a Glance Screening Conveying Heavy Fabricated Gates Bulk Solid Handling Knife Gate Valves Equipment Valve Belt Conveyor Screw Conveyor Bulk Head Slide Roller Gates Trash Rack “MONO” Series Slide Gate Valve Swing Gate Valve Gates Knife Gate Valve – Version ZFB – Version KU Special Purpose
Slide 13: Product at a Glance
Product at a Glance Process Equipment Heavy Fabricated Gates Detritor Slow speed floating aerator Clarifier Clarifloculator Slow speed fixed aerator Hydro Power Equipment Screw Pumps Filtering Equipment Heavy Fabricated Gates Hydropower Screw Generator Archimedean Screw Pump iFILT® Diamond Disc Filt
Slide 14: Application Of Products
Application Of Products Water intake systems Storm water pumping Water & waste water Irrigation systems stations treatment plants Power plants Paper & pulp plants Petrochemical plants Steel plants jashindia.com 14
Slide 15: Product Offerings With Revenue Contribution (Q1FY24)
Product Offerings With Revenue Contribution (Q1FY24) Water Control Gates Screening Equipment 13% 60% 57% 27% Revenue Contribution Revenue Contribution Hydropower & Pumping , Valves Process Equipment and others 23% 9% 8% 7% Revenue Contribution Revenue Contribution jashindia.com 15
Slide 16: Making The World Our Market
Making The World Our Market From predominant sales in single geography of India in early nineties, the company is today present in multiple (over 45 countries) regions with each region having significant contribution in turnover. EUROPE Sweden & AFRICA Norway INDIA Canada Q1FY24 United Kingdom Q1FY2
Slide 17: Clients & Consultants - India
Clients & Consultants - India CONTRACTORS CONSULTANTS jashindia.com 17
Slide 18: Clients & Consultants - International
Clients & Consultants - International CONTRACTORS CONSULTANTS jashindia.com 18
Slide 19: Financial Performance
Financial Performance
Slide 20: Standalone Performance – Jash, Shivpad & Jash USA
Standalone Performance – Jash, Shivpad & Jash USA JASH ENGINEERING LTD. SHIVPAD ENGINEERING PVT. LTD. JASH USA / RODNEY HUNT Revenue (₹Cr)* Revenue (₹Cr) Revenue (₹Cr/ US$ Mn) 43.1 ₹ 25.6 / $ 3.1 36.5 1.1 1.0 ₹ 14.6 / $ 1.8 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY24 PAT (₹Cr) PAT (₹Cr) PAT (₹Cr/ US$
Slide 21: Consolidated Financial Snapshot
Consolidated Financial Snapshot Revenues (₹Cr)* Gross Profit (₹Cr) & Margin (%) EBITDA (₹Cr) & Margin (%) 65.5 50.0 67.7% 1.4% 59.6% 1.1% 40.0 0.9 48.6 30.0 39.0 20.0 32.8 0.5 10.0 0.0 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Profit Before Tax (₹Cr) Profit After Tax (₹Cr) -4.0 -3.8 -4.1 -3.4 Q1FY23
Slide 22: Consolidated Income Statement
Consolidated Income Statement Particulars (₹ Cr) Q1FY24 Q4FY23 Q1FY23 FY23 FY22 Total Income 65.5 173.9 48.5 415.2 373.6 Total Expenses 69.3 138.7 52.5 358.7 339.0 EBITDA 0.9 40.8 0.5 77.1 52.9 EBITDA Margin (%) 1.4% 23.5% 1.1% 18.6% 14.2% Finance Cost (Net) 2.0 2.6 2.1 9.9 8.6 Depreciation 2.7 2.9
Slide 23: Business Outlook
Business Outlook
Slide 24: Consolidated Order Book as on 1st August 2023
Consolidated Order Book as on 1st August 2023 Jash Engineering Ltd Within India ₹ 446 Cr ₹ 238 Cr Jash USA / Rodney Hunt Outside India ₹ 366 Cr ₹ 591 Cr Shivpad Engineering Pvt Ltd Combined order book stood at ₹ 17 Cr ₹ 829 Cr jashindia.com 24
Slide 25: Consolidated Order Pipe Line as on 1st August 2023
Consolidated Order Pipe Line as on 1st August 2023 ALREADY NEGOTIATED UNDER NEGOTIATION Within India Within India ₹ 21 Cr ₹ 21 Cr Outside India Outside India ₹ 15 Cr ₹ 7 Cr Combined Combined ₹ 36 Cr ₹ 29 Cr jashindia.com 25
Slide 26: Consolidated Sales Outlook for FY 23-24
Consolidated Sales Outlook for FY 23-24 Jash Engineering Ltd Within India ₹ 345 Cr ₹ 220 Cr Jash USA / Rodney Hunt Outside India ₹ 200 Cr ₹ 295 Cr Shivpad Engineering Pvt Ltd Combined ₹ 30 Cr ₹ 515 Cr Combined consolidated sales is arrived at after deducting inter-company sales. jashindia.com 26
Slide 27: Other Developments
Other Developments • At Unit 1 Additional floor work is in progress and this floor will be inaugurated in end Sept 2023 to coincide with 50 years of the company • At Unit 2 modifications and improvements to newly allocated SS Welding shop and setting up new Grit blasting facility for SS products • A
Slide 28: Management Commentary
Management Commentary Mr. Pratik Patel Managing Director “The first quarter results are always subdued due to the nature of the industry because major revenue is booked in the 3rd and 4th quarters of the financial year. Significant material which was ready for delivery could not be billed because of
Slide 29: Shareholders Information
Shareholders Information STOCK DATA SHAREHOLDING PATTERN (As on 11th August 2023) (As on 30thJune 2023) Promoters NSE Symbol Market JASH Capitalization Public INR 1,632 Crore 51% 47.4% Shares 1.6% Stock Price Outstanding INR 1,360 Employee INR 1.20 Crore Trusts (231 Employees) jashindia.com 29
Slide 30: Thank You
THANK YOU FOR MORE INFORMATION, CONTACT Dharmendra Jain Siddesh Chawan Jash Engineering Limited Ernst & Young LLP/ Investor Relations E-mail: dharmendrajain@jashindia.com E-mail: Siddesh.Chawan@in.ey.com Ph.:0731-6732700, 0731-2720143 Ph.: +91 022 6192 0000 JASH ENGINEERING LTD RODNEYHUNT INC JASH U