Saakshi Medtech And Panels Limited · NSE:SAAKSHI
Saakshi Medtech And Panels — H1 FY24 Earnings Presentation
42 slides from Saakshi Medtech And Panels's earnings presentation, Nov 29, 2023
Slide 1: Saakshi Medtech and Panels Limited - Investor Presentation Cover Letter
SAAKSHI MEDTECH AND PANELS LIMITED Regd. Office Address: Plot No: EL-23, ‘J’ Block, MIDC Industrial Area, Bhosari, Pune – 411026, Maharashtra, India Tel.: 020 - 39854400 – 39854429 Email: aniket_latkar@yahoo.com, Website: www.smtpl.co Dated: November 29, 2023 To, The National Stock Exchange of India
Slide 2: Saakshi Medtech & Panels Ltd
SAAKSHI MEDTECH & PANELS LTD 1
Slide 3: At a Glance
AT A GLANCE • Diversified company engaged in • CDSCO License approved for manufacturing of Electrical Control Panels manufacturing Medical Devices for & Cabinets, Medical X-Ray Systems, testing purposes. Fabrication & Wire Harness • Received Aviation Standard Certification: • Caters to OEM ’s in vario
Slide 4: Industries Served
INDUSTRIES SERVED Electric Vehicle Elevators Wind Turbines Oil & Gas Exploration Charging Stations Diesel Generators CNG Petrol Pumps Metal X-Ray Equipment Locomotives Air Compressors Aviation 03
Slide 5: About the Company
ABOUT THE COMPANY Incorporated as “Saakshi M achine and Tools Accredited with: Private Limited” in 2009 ISO 9001- 2015 Certification 3 M anufacturing facilities in Pune, with 2 situated for M anagement System, in Bhosari & 1 in Pimpri-Chinchwad on a total area of 9600 sq mtrs with NABL accreditions.
Slide 6: Diversified Business Verticals
DIVERSIFIED BUSINESS VERTICALS 5
Slide 7: Electrical Control Panels and Cabinets; Medical X-Ray Systems
ELECTRICAL MEDICAL X- CONTROL PANELS RAY SYSTEMS AND CABINETS Products include X Ray machine, Design, program and assembly of Electrical Control Imaging system, Generator and Panels and Cabinets comprising of micro controller, mechanics. programmable logic controllers and SCADA system Licensed to Ma
Slide 8: Fabrication; Wire Harness
FABRICATION WIRE HARNESS Fabrication activities started in 2019 as backward integration for Medical X-Ray System and Electrical Control Panels and Cabinets W iring assembly or cable assembly undertaken for transmission of signals Fabrication of High level Assembly (HLA) installed or electrical power
Slide 9: Major Clientele
MAJOR CLIENTELE ELECTRICAL CONTROL MEDICAL FABRICATION PANELS AND CABINETS X-RAY SYSTEM 8
Slide 10: Wide Product Range to Meet Customer Demands
WIDE PRODUCT RANGE TO MEET CUSTOMER DEMANDS 9 09
Slide 11: Electrical Control Panels and Cabinets
ELECTRICAL CONTROL PANELS AND CABINETS FOR WIND FOR FOR AIR FOR OIL AND FOR DIESEL TURBINES ELEVATORS COMPRESSOR GAS EXPLORATION GENERATORS •Initiate and shut down •Manual door •Functions as motor • M ark VIe Control Cabinets. • Gas Refrigeration turbine operation & elevator & starter panels •Vibrat
Slide 12: Medical X-Ray System
MEDICAL X-RAY SYSTEM •Analog X- ray systems FIXED X-RAY used for general SYSTEM radiographic procedures •Orthopedic, urology, gastroenterology surgeries, other C- ARM complicated surgical, pain management and emergency procedures. HIGH FREQUENCY •General radiography and X-RAY SYSTEM fluoroscopy appli
Slide 13: Fabrication Works
FABRICATION WORKS WELDMENT DYN BRACKET BATTERY RAD CAP SKID WELDMENT BOX 12
Slide 14: Wire Harness Division
WIRE HARNESS DIVISION (FOR COMPANY’S CAPTIVE CONSUMPTION) ENGINE BATTER COMMUNICATION MOTOR CABLES SENSOR CONDUI WIRE WIRE Y CABLE WITH EMC HARNES T HARNESSE HARNESS CABLES HARNESSES GLAND S HARNES S ASSEMBLY S Connects the Connects D –Sub for Connects the Connects For internal engine control batter
Slide 15: Sustainability Initiatives Driven by Saakshi
SUSTAINIBILITY INITIATIVES DRIVEN BY SAAKSHI 14
Slide 16: Sustainability Initiatives Driven by Saakshi
SUSTAINIBILITY INITIATIVES DRIVEN BY SAAKSHI 15
Slide 17: Sustainability Initiatives Driven by Saakshi
SUSTAINIBILITY INITIATIVES DRIVEN BY SAAKSHI 300 kw Solar power installation Rain water harvesting 16
Slide 18: Management Insights on Performance
MANAGEMENT INSIGHTS ON PERFORMANCE 17
Slide 19: Recent Notable Developments for H1 FY24
RECENT NOTABLE DEVELOPMENTS FOR H1 FY24: Successful conversion of first aviation client GE Aerospace completed. Revenue generation from H2 FY 2023 started. Advanced discussion initiated with one of India’s premier aerospace OEM suppliers. Exports business of H1 FY23-24 has doubled as compared to H1
Slide 20: Recent Notable Developments for H1 FY24
RECENT NOTABLE DEVELOPMENTS FOR H1 FY24: Successfully completed audit and signed (NDA) agreement with L&T Defence for manufacturing of cabinets and mechanical assemblies. For panels business in advance discussion with one global OEM, manufacturing diesel genset’s. For the railways business additiona
Slide 21: Sales Bifurcation by Product Category
SALES BIFURCATION BY PRODUCT CATEGORY 20
Slide 22: Sales Bifurcation by Product Category
SALES BIFURCATION BY PRODUCT CATEGORY Electrical control panels & cabinets Fabrication works 4516.29 1540.59 2365.13 8591 5821.34 73.68% 70.38% 25.77% 25.83% 1331.97 3194.39 63.57% 2331.39 21.73% 53.44% 19.10% FY 20-21 FY 21-22 FY 22-23 H1 23-24 FY 20-21 FY 21-22 FY 22-23 H1 23-24 % of revenue % of
Slide 23: Sales Bifurcation by Product Category
SALES BIFURCATION BY PRODUCT CATEGORY Medical X-ray system Wire harness division 5.91% 1.71% 2.68% 353.01 156.38 326.78 2.03% 2.74% 0.89% 121.50 250.88 108.75 2.47% 1.02% 151.25 62.58 FY 20-21 FY 21-22 FY 22-23 H1 23-24 FY 20-21 FY 21-22 FY 22-23 H1 23-24 % of revenue % of revenue 22
Slide 24: Well Equipped Manufacturing Capabilities
WELL EQUIPPED MANUFACTURING CAPABILITIES RegisteredOffice&FactoryUnit I 3 manufacturing facilities in Pune Plot No. EL-23, J Block, MIDC Industrial Total built up area of 9600 sq mtr Area, Bhosari, Pune- 411026, M aharashtra, India Engineered layout with process controls and automations for quality
Slide 25: Well Equipped Manufacturing Capabilities
WELL EQUIPPED MANUFACTURING CAPABILITIES FactoryUnit I FactoryUnit II FactoryUnit III 24
Slide 26: Key Events, Milestones & Achievements
KEY EVENTS, MILESTONES & ACHEIVEMENTS 2019 2019 2010 Started Fabrication of High Commencement of Factory All the shares of the company were Unit II at T 174, T Block, MIDC, level Assembly (HLA) to be purchased by our promoter and promoter Bhosari, Haveli, Pune installed in locomotives 2011 group mem
Slide 27: Competitive Strengths
COMPETITIVE STRENGTHS Diversified range of products. Engineering expertise Long term and well Quality Assurance Experienced and with complex product established Qualified • Well placed to run various business • Dedication to quality in manufacturing relationships with Management and verticals under on
Slide 28: Industry Overview
INDUSTRY OVERVIEW 27
Slide 29: Engineering, Auto Components, EV & Renewable Energy
ENGINEERING AUTO COMPONENTS, EV & RENEWABLE Electrical control panels and cabinets: Contributes 12% to manufacturing output and 1.8% to GDP in India. ENERGY Indian auto components industry: set to become Electrical equipment market: Expected to increase by the 3rd largest globally by 2025, with a 34
Slide 30: Medical Devices Industry; Indian Railway Industry
MEDICAL DEVICES INDIAN RAILWAY INDUSTRY INDUSTRY Market position: 4th largest market in Asia, among the One of the largest railway systems globally top 20 globally. Vande Bharat trains bringing Rs. 40,000 crore of Industry expected to reach US$ 50 billion by 2025. business opportunity. Import depend
Slide 31: Business Strategies
BUSINESS STRATEGIES Leverage manufacturing Continue to reduce Increase geographical Continue to focus Stable financial Expand Manufacturing and engineering operating costs and reach and expand on R&D activities performance facility and Product Range capabilities to tap the improve operational custome
Slide 32: Exponential Growth Driven by Strong Financials
EXPONENTIAL GROWTH DRIVEN BY STRONG FINANCIALS 31
Slide 33: Quarter Wise Revenue
QUARTER WISE REVENUE (in Rs Lakhs) FY 2022-23 FY 2023-24 3398.18 3482.82 3113.51 2896.34 2428.48 3015.05 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Revenue Revenue 32
Slide 34: EBITDA and PAT
EBITDA PAT 985.79 13.8% 4.3% 553.57 865.85 530.19 H1: 22-23 H1: 23-24 H1: 22-23 H1:23-24 Rs (in Lakhs) Rs (in Lakhs) 33
Slide 35: Financial Performance: H1-FY 23-24
FINANCIAL PERFORMANCE: H1-FY 23-24 Our company has witnessed a remarkable 15% increase in revenue as compared to previous H1 FY 22-23 34
Slide 36: Statement of Profit & Loss
STATEMENT OF PROFIT & LOSS Particulars Rs Lakhs H1 FY 23-24 H1 FY 22-23 FY 22-23 (Rs. In lakhs) Revenue from Operations 6128.56 5324.82 12205.82 Other Income 5.56 2.40 14.36 Total Revenue 6134.12 5327.22 12220.18 Expenses:- Cost of Material Consumed,Change in WIP, Pur of Traded goods 3961.31 3469.24
Slide 37: Statement of Assets & Liabilities
STATEMENT OF ASSETS & LIABILITIES 36
Slide 38: Statement of Assets & Liabilities
STATEMENT OF ASSETS & LIABILITIES 37
Slide 39: Profitability H1 FY 23-24
PROFITABILITY Particulars Rs Lakhs H1 FY 23-24 H1 FY 22-23 FY 22-23 EBITDA % 16% 16% 17% Profit After Finance cost before Depreciation 15% 15% 16% PBT% 12% 13% 14% PAT 9% 10% 10% EBITDA Rs Lakhs & % EBITDA % for H1 FY 23-24 stood at 16% similar to 1050.00 16% last FY H1 22-23. Our EBITDA % are in
Slide 40: Leadership
LEADERSHIP Mr. Latkar completed his B.E (electrical) from Nagpur University in 1973 and Diploma in Business Management from Pune University in 1990. He worked with Elpro International for 21 years and then with GE Medical system for 7 years as General Manager Manufacturing. In 2001, he started his o
Slide 41: Leadership
LEADERSHIP Aged 41 years, he has been on the Aged 38 years, Bachelor of board of Directors since April 2011. Engineering in Electronics & Bachelor of Engineering in Telecommunication from M echanical from University of University of Pune in 2006 Pune & M aster of Science in Post Graduation Diploma i
Slide 42: Thank You
Thank You SAAKSHI MEDTECH & PANELS LTD 41
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