Honeywell Automation India Limited · NSE:HONAUT
Honeywell Automation India — Investor Presentation (December 2012)
21 slides from Honeywell Automation India's investor presentation, December 2012
Slide 1: Honeywell Automation India Limited Investor Presentation
Honeywell Automation India Limited Investor Presentation December 2012
Slide 2: Disclaimer
Disclaimer This presentation is strictly confidential and may not be copied, published, distributed or transmitted. This presentation does not constitute or form part of any offer or invitation or inducement to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securit
Slide 3: Table of contents
Table of contents 1 Honeywell Automation India Limited (HAIL) overview 2 Business highlights 3 Strategy and investment highlights 4 HAIL’s financial overview 3 HONEYWELL - CONFIDENTIAL File Number
Slide 4: Honeywell Automation India Limited (HAIL) overview
Section 1 Honeywell Automation India Limited (HAIL) overview 4 HONEYWELL - CONFIDENTIAL File Number
Slide 5: Honeywell Automation India Limited - Introduction
Honeywell Automation India Limited - Introduction Honeywell International Inc. (HON) Honeywell is a $36.5bn diversified technology and manufacturing company Globally business organized around 4 strategic business groups (SBGs) – Automation and Control Solutions (ACS), Aerospace, Performance Material
Slide 6: HAIL business overview
HAIL business overview HAIL Environmental and Global Engineering Process Solutions (1) Building Solutions (1) Sensing and Control (1) Global Manufacturing (1) Combustion Controls (1) Services (1) (HPS) (HBS) (S&C) (GM) (ECC) (GES) Domestic Domestic Domestic Domestic Exports Exports Automation and In
Slide 7: Aligned to global macro trends
Aligned to global macro trends Safety Security + 1 Z- T P A1 A2 1 2 3 4 5 Live Energy Efficiency Wireless Productivity HAIL Well Aligned with Strong Macro Trends 7 HONEYWELL - CONFIDENTIAL File Number
Slide 8: Business highlights
Section 2 Business highlights 8 HONEYWELL - CONFIDENTIAL File Number
Slide 9: Well positioned to benefit from India and global growth
Well positioned to benefit from India and global growth Great Positions in Good Industries Strong track record in India across business areas Global manufacturing exports Global engineering services HAIL: Unique Listed Company with a Diversified Automation Portfolio 9 HONEYWELL - CONFIDENTIAL File N
Slide 10: Great Positions in Good Industries
Great Positions in Good Industries HON global Industry Sub-verticals served Business segments position (1) E&P, refining, supply and distribution, LNG and gas processing, gas Oil and Gas distribution, city Gas Process Solutions 2 Chemical / Petro-chemical, bulk and speciality chemicals, cement, fert
Slide 11: Strong track record across business areas
Strong track record across business areas Businesses Description Industries served Customers served E&P OPAL Large number of sites delivered Refining Reliance Process Annual services contracts with most of the sites delivered Petrochemical NOCL Chemicals IOCL Solutions Leading providers of industria
Slide 12: Strategy and investment highlights
Section 3 Strategy and investment highlights 12 HONEYWELL - CONFIDENTIAL File Number
Slide 13: HAIL: Continuing to build on strong track record
HAIL: Continuing to build on strong track record Well-balanced portfolio with strong track record for growth Multi-brand and multi-channel approach for broad coverage Strong reach across India Strong support from Honeywell driving innovation Best-in-class management team and people capabilities High
Slide 14: Well-balanced portfolio with strong track record of growth
Well-balanced portfolio with strong track record of growth Balanced revenue mix across projects, products and services... … with a healthy growth rate Services (domestic and exports) – Annual and spot service support for installed base in industrial and buildings – Diversifying beyond hardware solut
Slide 15: Strong reach across India
Strong reach across India Strong coverage and employee base 25 years in India 8 regional offices Employee base of more than 3,000 people with majority of them contributing to the engineering talent pool of the company Sales and channel presence across all major cities in India, which is further supp
Slide 16: High level of corporate governance with socially responsible behavior
High level of corporate governance with socially responsible behavior Corporate Social Responsibility (CSR) initiatives aligned to Honeywell Corporate governance standards adopted by HAIL Hometown Solutions HAIL has an Independent Non-Executive Chairman and one-third of the total board as Independen
Slide 17: HAIL’s financial overview
Section 4 HAIL’s financial overview 17 HONEYWELL - CONFIDENTIAL File Number
Slide 18: HAIL’s well balanced revenue profile
HAIL’s well balanced revenue profile Evolution of revenue mix (INR cr) Growth 30.6% 34.8% 15.3% 17.3% 15.3% 19.0% 8.6% 2005 – 2011 CAGR Sustaining strong revenue growth in Exports 538 both exports and domestic segments 482 34.4% 486 351 464 184 383 Domestic 159 1,075 Competitive pricing in services
Slide 19: Profitability and dividend pay-out matrix
Profitability and dividend pay-out matrix Net Income (INR cr) % of Revenues 6.9% 9.0% 7.5% 8.2% 11.3% 7.8% 6.6% 6.6% 4.1% 133 105 107 82 73 65 58 49 34 CY05 CY06 CY07 CY08 CY09 CY10 CY11 9M CY11 9M CY12 EPS (INR per share) Consistent dividend pay-out(1) track record Pay-out as % of 80% 100% 100% 0%
Slide 20: Strong balance sheet position with attractive return ratios
Strong balance sheet position with attractive return ratios Total Capital (INR cr) 12 13 630 680 13 533 36 439 316 234 132 180 CY05 CY06 CY07 CY08 CY09 CY10 CY11 9M CY12 Shareholder funds Total debt Pre-tax Return on Invested Capital (1) (2) 50.7% 46.4% 41.4% 36.2% 37.0% 27.8% 25.6% 11.7% CY05 CY06
Slide 21: Summary
Summary Diversified portfolio aligned to key macro trends and growth drivers Unique listed company well positioned to benefit from India and global growth Balanced strategy of building on strong Honeywell support, strong India track record and reach, and leading with local innovations in India Attra
Honeywell Automation India — Investor Presentation (December 2012) on 6ix