Atam Valves Ltd. · NSE:ATAM
Atam Valves — Q1 FY24 Earnings Presentation
34 slides from Atam Valves's earnings presentation, Aug 14, 2023
Slide 1: Filing cover letter to stock exchanges
SERTXT . ATAMYALVES (IMITED CIN-L27109PB1985PLC006476 GST No. 03AABCA2863R1ZH 1051, OUTSIDE INDUSTRIAL AREA, JALANDHAR CITY-144004, PUNJAB, INDIA. VALVES T:91-181-5001111, 5019616/617 E-mail : sales@atamfebi.com F:91-181-2290611 E-mail : marketing@atamfebi.com Website : www.atamvalves.in Dated: - 14
Slide 2: Atam Valves Limited Investor Presentation Q1 FY24
VALVES | FITTINGS | BORER MOUNTINGS! Atam Valves Limited Investor Presentation Q1 FY24
Slide 3: Safe Harbour Statement
Safe Harbour Statement VALVES | FITTINGS | BORER MOUNTINGS! This presentation and the accompanying slides (the “Presentation”), which have been prepared by Atam Valves Limited (Atam, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchas
Slide 4: Company Overview
A Company Overview
Slide 5: Atam Valves @ A Glance
Atam Valves @ A Glance VALVES | FITTINGS | BORER MOUNTINGS! Atam Valves Limited (Atam, The Company) is a renowned manufacturer of industrial and plumbing valves and Key Facts fittings with a reputation for innovative products and quality engineering. Founded in 1985, the company has since expanded i
Slide 6: Our Mission, Vision and Values
Our Mission, Vision and Values VALVES | FITTINGS | BORER MOUNTINGS! Competitive Advantage Three decades of rich Strong product PAN India dealer’s Strong clientele Impressive experience with three portfolio network return ratios generation in business To become the leader of MISSION manufacturing and
Slide 7: Well Diversified Product Portfolio
Well Diversified Product Portfolio VALVES | FITTINGS | BORER MOUNTINGS! We are experts in deploying multiple Manufacturing processes Namely o Shell moulding o Investment casting o No-Bake moulding PROCESSES We are adept in We are able to service manufacturing using multiple high-growth products leve
Slide 8: Overview Of Our Product Portfolio
Overview Of Our Product Portfolio VALVES | FITTINGS | BORER MOUNTINGS! Globe Valves Butterfly Valves Plug Valves Gate Valves Non-return Valves Parallel Slide (Blow Down) Valves Ball Valves Investor Presentation 7
Slide 9: Overview Of Our Product Portfolio
Overview Of Our Product Portfolio VALVES | FITTINGS | BORER MOUNTINGS! Steam Traps Water Level Gauges Pressure Safety Valves Reducing Valves Fusible Plugs Stainless Steel & High-pressure Steel Fittings Strainers Investor Presentation 8
Slide 10: Trusted By Top Industry Leaders: Our Marquee Clients
Trusted By Top Industry Leaders: Our Marquee Clients VALVES | FITTINGS | BORER MOUNTINGS! Top 15 Clients – Contributes ~80% of Sales Investor Presentation 9
Slide 11: A Strong Industry Presence
A Strong Industry Presence VALVES | FITTINGS | BORER MOUNTINGS! Major Contributors To Petrochemical Textile Paper Sales industries industries industries 20% 30% Power generation Rubber Processing 10% plants industries industries 40% Boiler Pharmaceutical Marine & Ship manufacturing industries buildi
Slide 12: Recognized For Excellence: Our Certifications And Awards
Recognized For Excellence: Our Certifications And Awards VALVES | FITTINGS | BORER MOUNTINGS! The Indian Government honored the Company with two Prestigious awards: the National Award for Quality in 2006 and the National Award for Entrepreneurship in 2009. The Company is ISO 9001, ISO 14001, PED. IB
Slide 13: State Of The Art Manufacturing Facility
Precision & Innovation State Of The Art Manufacturing Facility VALVES | FITTINGS | BORER MOUNTINGS! The Company has 3 specialised Foundry Shops for Nonferrous, Stainless Steel and Carbon & Alloy Steels, each with multiple moulding techniques. The Company has a valve manufacturing capacity of 96,000
Slide 14: Staying Ahead Of The Game: Our Competitive Edge
Staying Ahead Of The Game: Our Competitive Edge VALVES | FITTINGS | BORER MOUNTINGS! Integrated Manufacturing Facility Wide array of capabilities All facilities are in-house Design & Development Wide array of capabilities Casting Three foundry shops (one each for non- ferrous, stainless Steel and Ca
Slide 15: Forward Integration Into Bathware Items Under Brand Delle
Forward Integration Into Bathware Items Under Brand Delle VALVES | FITTINGS | BORER MOUNTINGS! Year of Market Size Capex Commencement ₹ 67,000 Cr approx. ₹ 30 Cr approx. 1st or 2nd Quarter of FY24 "Advanced Cartridge Technology: Providing Long-Lasting and Smooth Operation" o Internal Spindle is the
Slide 16: Driving Future Success: Our Growth Strategies
Driving Future Success: Our Growth Strategies VALVES | FITTINGS | BORER MOUNTINGS! VOLUME-DRIVEN GROWTH o Increase market share with existing clients. o Increase the client base in business spaces of our presence o Widen the product basket - our upcoming products are cast iron fittings, flanges and
Slide 17: Management Overview
Md Management Overview
Slide 18: Management Overview
Management Overview VALVES | FITTINGS | BORER MOUNTINGS! Vimal Parkash Jain | Chairman and Wholetime Director Education: Bachelor of Science in Engineering (Mechanical) He is the founder of our Company and has experience of around four decades in Valves Industry. His role in our Company is to manage
Slide 19: Management Overview
Management Overview VALVES | FITTINGS | BORER MOUNTINGS! Rajni Sharma | Independent Director Education: M.Sc. in Maths By profession Ms Rajni Sharma is a teacher Surinder Kumar Salwan I Independent Director Education: BSC Engineering (Metallurgical) He was associated with several automobile Companie
Slide 20: Industry Overview
Md Industry Overview
Slide 21: Industry Overview – Industrial Valves & Bathware Items
Industry Overview – Industrial Valves & Bathware Items VALVES | FITTINGS | BORER MOUNTINGS! Global industrial valves market The rising demand for valves Plant operators should always The safety valve segment is Product launches, acquisitions, is projected to reach USD 99.8 from healthcare and be awa
Slide 22: Industry Overview – Industrial Boilers
Industry Overview – Industrial Boilers VALVES | FITTINGS | BORER MOUNTINGS! Europe dominated the The global industrial market in 2022, boilers market size is accounting for 37% of the estimated to reach USD revenue share, while Asia 23.5 billion by 2030 Pacific is expected to be the most opportunist
Slide 23: Strong Growth In Major End Use Industry
Strong Growth In Major End Use Industry VALVES | FITTINGS | BORER MOUNTINGS! Capital Goods Chemical Industry Oil & Gas Petrochemical Pharmaceutical Capital Goods sector The Indian chemicals industry According to the IEA (India An investment of Rs. 8 lakh According to the Indian contributes to 12% of
Slide 24: Financial Overview
Md Financial Overview
Slide 25: Quarterly Performance Highlights YoY
Quarterly Performance Highlights YoY VALVES | FITTINGS | BORER MOUNTINGS! In ₹ Cr Total Revenue EBITDA Net Profit 10.40 1.51 0.84 7.44 1.40 0.81 FY22 FY23 FY22 FY23 FY22 FY23 Investor Presentation 24
Slide 26: Q1 FY24 Result Highlights
Q1 FY24 Result Highlights VALVES | FITTINGS | BORER MOUNTINGS! In ₹ Cr Particular Q1 FY24 Q1 FY23 Q-O-Q Revenue 10.40 7.44 Other Income 0.00 0.00 Total Income 10.40 7.44 39.81% Expenditure 8.90 6.04 EBIDTA 1.51 1.40 7.55% EBITDA Margin (%) 14.48 18.82 Interest 0.22 0.10 Depreciation 0.15 0.18 PBT 1.
Slide 27: Key Financial Highlights
Key Financial Highlights VALVES | FITTINGS | BORER MOUNTINGS! In ₹ Cr In ₹ Cr In % Total Revenue EBITDA & PAT EBITDA Margin & Net Profit Margin EBITDA Net Profit EBITDA Net Profit 22.66 49.25 11.16 15.82 15.57 13.26 13.26 7.71 11.54 20.42 18.37 18.37 6.71 16.32 3.23 4.75 4.75 2.43 2.43 1.88 1.22 1.2
Slide 28: Profit & Loss Statement
Profit & Loss Statement VALVES | FITTINGS | BORER MOUNTINGS! In ₹ Cr Particulars FY23 FY22 FY21 FY20 FY19 Operating Revenue 49.01 20.33 18.33 16.29 18.33 Other Income 0.24 0.09 0.04 0.03 0.04 Total Income 49.25 20.42 18.37 16.32 18.37 Expenses Raw Material costs 27.68 10.22 9.36 7.50 9.36 Employee C
Slide 29: Balance Sheet
Balance Sheet VALVES | FITTINGS | BORER MOUNTINGS! In ₹ Cr In ₹ Cr Equities & Liabilities FY23 FY22 FY21 FY20 FY19 Assets FY23 FY22 FY21 FY20 FY19 Equity 10.55 4.12 4.12 3.00 3.00 Non Current Assets Reserves 14.44 6.56 5.84 1.85 1.81 Fixed Assets 3.12 3.28 3.47 2.73 2.73 Net Worth 24.99 10.68 9.96 4
Slide 30: Cash Flow Statement
Cash Flow Statement VALVES | FITTINGS | BORER MOUNTINGS! In ₹ Cr Particular FY23 FY22 FY21 FY20 FY19 Cashflow from Operations -7.13 0.13 1.73 3.74 3.71 Investment in Fixed Assets 0.9 0.12 1.48 0.74 0.51 Free Cash Flow -8.03 0.01 0.25 3.00 3.20 Cashflow from Investments -0.25 -0.03 -1.47 -0.74 -0.50
Slide 31: Key Ratios
Key Ratios VALVES | FITTINGS | BORER MOUNTINGS! In % In % Continuously Improving ROCE Improving ROE 40.02 30.69 18.09 17.87 12.83 13.62 14.09 10.97 8.73 0.82 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 In Times In Times Improving Debt To Equity Ratio Interest Coverage Ratio 26.10 2.08 1.59 0.4
Slide 32: Key Ratios
Key Ratios VALVES | FITTINGS | BORER MOUNTINGS! In ₹ In ₹ In Times EPS Book Value Current Ratio 25.89 2.91 2.88 6.93 24.15 23.69 2.69 2.42 2.03 16.03 16.17 3.52 2.46 2.46 0.14 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 Note – For FY23 EPS Diluted EPS has been taken In
Slide 33: Stock Data
Stock Data VALVES | FITTINGS | BORER MOUNTINGS! As on 14-08-2023 As on 30-06-2023 Stock Information Shareholding Pattern BSE Code 543236 NSE Code ATAM ISIN INE09KD01013 31.74 Promoter & Promoter Group Share Price ₹ 202.30 Market Capitalization ₹ Cr 213.39 Public No. of Share Outstanding 1,05,48,000
Slide 34: Thank You
VALVES | FITTINGS | BORER MOUNTINGS! 1051, Outside Industrial Area, Jalandhar – 144 004. Thank You Phone: +91 98152 01563 Email: cs@atamfebi.com Website: www.atamvalves.in 713-B, Lodha Supremus II, Wagle Estate, Thane West – 400 604. Phone: 022 4100 2455 Email: info@kirinadvisors.com Website: www.ki