Gocl Corporation Limited · NSE:GOCLCORP
Gocl — Shareholder Meeting (September 2021)
40 slides from Gocl's shareholder meeting presentation, Sep 27, 2021
Slide 1: Exchange filing cover letter for AGM presentation
Corporate Ofrlce IDL Boad, Kukatpally, ,/'-{\ Hyderabad 500072, Telangana, lndia GOGL GOCL Corporation Limited T | +91 (40) 23810671-9 F : +91 (40) 23813860, 23700747 E: info@goclcorp.com W: http://www.goclcorp.com September 27, 2021 BSE Limited National Stock Exchange of India Limited Phiroze Jeeje
Slide 2: GOCL Corporation Limited 60th Annual General Meeting
GOCL Corporation Limited 60th Annual General Meeting 27th September 2021 HINDUJA GROUP
Slide 3: N45). AND INNOVATINGeoe
N45). AND INNOVATINGeoe
Slide 4: GOCL Corporation Limited
GOCL Corporation Limited Energetics Realty AND INNOVATING Metal Cladding Electronics Explosives Defence Products HINDUJA GROUP
Slide 5: Unprecedented times: Weak economy, slowdown in operations
Unprecedented times Weak economy : Slowdown in Operations The Global economy has been slowing down Indian GDP Growth has been declining in the past recent GDP Growth Rate years F-2018 : 7.2% 10 7.2 F-2019 : 6.5 % 6.5 5 F-2020 : 4.2% 4.2 0 2018 2019 2020 The slowdown in the Indian economy which contr
Slide 6: Unprecedented times: Weak economy, slowdown in operations
Unprecedented times Weak economy : Slowdown in Operations The operations during 2020-21 were extremely challenging with Pandemic affecting businesses globally Resources in short supply Industries worked below 50% of the workforce 6
Slide 7: Unprecedented times: Coal production
Unprecedented times Weak economy : Slowdown in Operations Coal Production Coal production dropped. Coal production during F 21 was 706 million tonnes (previous year 731 million tonnes ) 750 731 706 Iron ore production shrunk by 18% in F21 to 190 mn 700 tonnes from previous year production of 235 mn
Slide 8: Financial Performance – F2021 Consolidated Financials
Financial Performance – F2021 Consolidated Financials Income PBT 69% PAT 59% 600 559 557 500 90 EPS 59% 100 100 400 79 80 80 300 60 53 60 50 200 20 15.88 40 40 9.98 100 20 20 10 0 0 0 0 2020 2021 2020 2021 2020 2021 2020 2021 INR in Cr INR in Cr INR in Cr INR 8
Slide 9: Financial Performance – F2021 Summarised Financials
Financial Performance – F2021 Summarised Financials INR in Cr GOCL IDLEL HGHL Consolidated Revenue 114 323 120 557 PBT 23 6* 61 90 PAT 16 4* 59 79 *Ammonium Nitrate shortage and increase in RM prices 9
Slide 10: Dividend Per Share & EPS and Dividend Payout
Financial Performance – F2021 ( Consolidated Financials ) Dividend Per Share & EPS and Dividend Payout Dividend Per Share & EPS Dividend Payout INR INR in Cr 18.00 15.88 35.00 29.76 16.00 30.00 14.00 25.00 12.00 10 19.84 10.00 8.18 20.00 8.00 6.88 15.00 *6.00 6.00 9.92 4.00 10.00 7.93 4.00 2.00 1.60
Slide 11: Credit Ratings
Credit Ratings Ratings GOCL IDLEL Long Term Rating IVR A / Credit watch IVR A / Credit watch (Due to COVID uncertainties) (Due to COVID uncertainties) Short Term Rating IVR A1 IVR A1 11
Slide 12: Operations of Business Segments in F-2021
Operations of Business Segments in F-2021 12
Slide 13: Business Operations (Consolidated) Segmentwise Revenue
Business Operations ( Consolidated ) Segmentwise Revenue Realty Others Others Electronics 0.3% 10% 25% 0.03% Realty 0.3% Metal Clad 2% Electronics 0.3% SPG 1% Metal Clad 2% SPG Explosives Energetics Explosives 57% 1% 14% 72% Energetics 15% F 2020 : Revenue Rs. 559 Crores F 2021 : Revenue Rs. 557 Cro
Slide 14: Exports
Exports Exports have shown sustained growth over the past few years Exports 60 But due to pandemic our exports was impacted in the first 49 50 6 months of the year 2021 43 38 40 30 Despite disruptions your Company 20 achieved export sales of 37.89 crores 10 0 All our export products are CE certified
Slide 15: HGHL Holdings Limited, UK: Overseas Holdings
HGHL Holdings Limited, UK : Overseas Holdings The Company through its UK based subsidiary HGHL Holdings Limited (HGHL) which was holding a strategic beneficial interest of 10% in Houghton International Inc. in USA (which has combined with Quaker Chemical Corporation, NYSE code: KWR, in 2019) has div
Slide 16: HGHL Holdings Limited, UK: Overseas Holdings
HGHL Holdings Limited, UK : Overseas Holdings After fully repaying the LOC/SBLC Facility of USD 300 million availed in the year 2012 in connection with the acquisition of Houghton International Inc., HGHL has availed of another Stand By Letter of Credit (SBLC) USD 150 million to pursue an opportunit
Slide 17: Divisionwise Performance
Divisionwise Performance 17
Slide 18: Divisionwise Performance: Energetics
Divisionwise Performance Energetics Operating environment impacted due to lower output from mining activities Also Pandemic impacted the production activities for 2 months Availability of Raw materials and Manpower were major issues 18
Slide 19: Divisionwise Performance: Energetics
Divisionwise Performance Energetics Despite the disruption of operations and regulatory issues Turnover achieved was similar to last year Turnover : Rs. 96 crores ( Rs. 98 crores ) PBT : Rs. 13.41 crores ( Rs. 4.97 crores ) Product mix and Several automation projects and mechanisation initiatives ta
Slide 20: Divisionwise Performance: Electronics Group
Divisionwise Performance Electronics Group Commenced commercial operations from January 2020 Successfully catered to all in-house requirements Successfully meeting the standards of External Customers in Domestic and Export markets Catering to Automotive (including EV Chargers), Automation & Robotics
Slide 21: Divisionwise Performance: Special Products Group
Divisionwise Performance Special Products Group The Special Products Group (SPG), which serves the Defence and Space sectors, improved its performance over the last year Successfully absorbed transfer of technology (TOT), completed qualification, manufactured and supplied Guanidinium Azotetrazolate
Slide 22: Divisionwise Performance: Special Products Group
Divisionwise Performance Special Products Group Also developed and supplied delay pyros for Amogha III missile to Bharat Dynamics Limited, (BDL), a Public Sector Undertaking, for evaluation After successful trial lots, supplied production lots of Ignitors for Konkur Missile against order from BDL Af
Slide 23: Divisionwise Performance: IDL Explosives Limited
Divisionwise Performance IDL Explosives Limited – Wholly Owned Subsidiary Bulk and Cartridge explosives are manufactured by IDL Explosives Ltd., a Bulk Explosives wholly owned subsidiary Sale volume 120000 Reduction in volumes of Cartridge and Bulk Explosives due to COVID 19 & 100095 100000 91116 lo
Slide 24: Divisionwise Performance: Metal Cladding
Divisionwise Performance Metal Cladding Metal Clads are extremely specialized products for which the Company is one of the global licencees with major certifications from the Lloyd Register, the American Bureau of Shipping and the Indian Register of Shipping We planned to increase business in this a
Slide 25: Realty Business
Realty Business 19 25
Slide 26: Realty: Bengaluru Property: Ecopolis
Realty Bengaluru Property : Ecopolis A mixed-use commercial project, Joint development with Hinduja Realty Ventures Ltd. Located in North Bengaluru. The 38.15 acres Techpark comprises of SEZ and commercial office space, is being constructed in phases Completed Phase 1 construction of Phase 1 is oper
Slide 27: Realty: Hyderabad Property
Realty Hyderabad Property The Project The 100 acre integrated mixed use Knowledge Park comprises of IT / ITES, office space, educational institutes, hospitality, healthcare and The Company’s 100-acre integrated residential apartments mixed use township is located in Kukatpally, easily accessible to
Slide 28: Realty: Hyderabad Property
Realty Hyderabad Property Recently, the Company was advised by the Developer, Hinduja Estates Pvt Limited, ( HEPL) that since the Joint Development agreement for 76.34 acres signed in 2012 was not progressing well due to market and environmental conditions, The Developer has introduced to the Compan
Slide 29: Outlook for the year 2021-22
Outlook for the year 2021-22 29
Slide 30: Outlook for the Year 2021-22
Outlook for the Year 2021-22 The GDP growth projection for FY 2021-22 is expected to be around 8.0 % to 9.5% as per World Bank and IMF The RBI has also projected a growth of 9.5% Growth will depend on the pace of vaccination programmes, and recovery of the world economy There are several green shoot
Slide 31: Outlook for Mining & Infrastructure sector: Mining
Outlook for Mining & Infrastructure sector Government Initiatives and Investments / Developments Mining As part of the “Atmanirbhar Bharat” mission the Government implemented reforms in the Mining & Minerals Policy Proposal to auction over 500 mineral properties removing the distinction between capt
Slide 32: Outlook for Mining & Infrastructure sector: Infrastructure
Outlook for Mining & Infrastructure sector Government Initiatives and Investments / Developments Infrastructure Central and State Governments are giving thrust to Infrastructure sector with development plans and budget allocations The Infrastructure industry in India is estimated to grow at a CAGR o
Slide 33: Outlook for Mining & Infrastructure sector
Outlook for Mining & Infrastructure sector Government Initiatives and Investments / Developments The Government also relaxed FDI norms to 100% under automatic route in the sector for mining of non-fuel and nonatomic minerals The Government of India has initiated strict measures to enhance the securi
Slide 34: Outlook for Energetics & Explosives: Our Initiatives
Outlook for Energetics & Explosives Our Initiatives Transition from electric & plain detonators to non-electric and electronic detonators Automation and mechanisation of processes and expansion projects to improve efficiency and reduce dependence on trained manpower Capex earmarked : Rs. 10 Crores F
Slide 35: Outlook for Energetics & Explosives: Orders in hand
Outlook for Energetics & Explosives Orders in hand Business segment Order Value Energetics & Explosives - Domestic Rs. 403 cr - Exports Rs. 18 cr SPG & MCD Rs. 9 cr Electronics Rs. 7 cr Total Rs. 437 cr 35
Slide 36: Corporate Social Responsibility spend
Corporate Social Responsibility During the year the Company and its subsidiary spent Rs. 91 lakhs towards improving education / skill , Healthcare infrastructure and supporting fight against pandemic under the CSR initiatives 36
Slide 37: Corporate Social Responsibility
Corporate Social Responsibility Donation of ambulance to St. Joseph’s Hospital, Vishakapatnam Mr. Subhas Pramanik, Managing Director, handing Rs. 50 lakhs cheque to Mr. KT Rama Rao, Minister for Municipal Administration & Urban Development, Multifarious Skill Development Center Industries & Commerce
Slide 38: Promoter Holdings
Promoter Holdings Hinduja Capital Limited, Mauritius continued to reinforce their confidence in the long term prospects of your Company Reduced their holding by 1.10 % to 73.83 % to enable the Company to undertake defence projects and become compliant with the Government of India’s Atmanirbhar initi
Slide 39: In Conclusion
In Conclusion The financial year 2020-21 was a challenge to our teams due to uncertainties, non availability of resources mainly raw materials and manpower. However we have been able to maintain our business trajectory The coming year poses further challenges and at the same time provides new opport
Slide 40: Thank You
Thank You Safe Harbour Statement This document may include predictions, estimates or other information that might be considered forward-looking. While these forward-looking statements represent current judgment on what the future holds, they are subject to risks and uncertainties that could cause ac