Elpro International Ltd · BSE:ELPROINTL
Elpro International — Investor Presentation (June 2015)
27 slides from Elpro International's investor presentation, June 2015
Slide 1: Elpro International Limited Investor Presentation June 2015
Elpro International Limited Investor Presentation June 2015 1
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Elpro International 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 se
Slide 3: About Elpro
About Elpro 01 Insurance PNB Metlife 12.7% Equity Shareholding in PNB MetLife Life Insurance 02 Real Estates Real Estates 35 acres - Pimpri -Chinchwad Land near Pune Surge Arresters Surge Arresters 03 Manufactures Metal Oxide Surge Arresters with technology from GE, USA 3
Slide 4: Business Overview
Business Overview Investment in PNB MetLife, a Total Plot Area : 146,181 Sq. Mts India's largest and among the leading Life Insurance • Completed: 12,384 Sq. Mts leading companies in South Asia Company in the design, manufacture and • Partly Completed: 48,707 Sq. Mts supply of distribution,
Slide 5: Management Team
Management Team He holds a Bachelor of Commerce from St. Xaviers College, University of Kolkata Mr Ram Swarup Dabriwala amongst the oldest and respected educational institutions in the country. Chairman & MD He is Director of Trump Properties Ltd. (now renamed to Elpro Estates) and has over 35 years
Slide 6: Insurance
Elpro International Ltd
Slide 7: PNB MetLife
PNB MetLife MetLife, Inc., through its subsidiaries and PNB, being one of the largest nationalized affiliates (“MetLife”), is one of the largest banks, has continued to provide prudent life insurance companies in the world, and trustworthy banking services to its serving ~ 100 mn customers custo
Slide 8: MetLife International – India Strategy
MetLife International – India Strategy MetLife Enterprise and Asia Strategy 1H14 Sales : $1416 MN Asia – The industry’s most attractive growth opportunity India Strategy: Rest of Asia India 96% 4% Leverage Punjab National Bank Transform agency Optimize geographical footprint To Build Value Gro
Slide 9: PNB MetLife – Improving Operating Performance
PNB MetLife – Improving Operating Performance Statutory Profit Statutory Premiums Rs Crores Rs Crores 192 2,677 153 2,508 2,461 2,430 108 85 2,241 32 FY11 FY12 FY13 FY14 FY15 FY11 FY12 FY13 FY14 FY15 Source: PNB MetLife Annual Report 9
Slide 10: PNB MetLife – Strong Balance Sheet
PNB MetLife – Strong Balance Sheet Shareholders Funds Solvency Ratio Rs Crores 2,116 228% 219% 2,064 207% 2,015 1,993 169% 1,970 165% FY11 FY12 FY13 FY14 FY15 FY11 FY12 FY13 FY14 FY15 Source: PNB MetLife Annual Report 10
Slide 11: Valuation Benchmarks
Valuation Benchmarks FY2013 Punjab National Bank inducted as a shareholder with 30% equity holding J&K Bank, M Pallonji & Goldman Sachs Duo and other private investors reduced their holding J&K Bank raised Rs 190 Crores for reducing its stake from 11.18% to 5.08% FY2016 Insurance Laws (amend
Slide 12: Real Estate
Elpro International Ltd 02 Real Estate 12
Slide 13: Real Estates
Real Estates Owns 35 acres of Land in Pimpri Chinchwad area of Pune, Maharashtra One of the most prominent industrial destinations near Pune Increasing demand for residential real estate project to cater to demand of increasing workforce Project includes Commercial spaces – office building
Slide 14: Key Projects
Key Projects Web Community International School Metropolitan By Elpro Elpro Mall Factory Elpro Hub * Artist’s impression of projects 14
Slide 15: Real Estate Details
Real Estate Details Usage Plot Area in Sq Mts Revenue Style (Sales/lease) % Complete Residential (Metropolitan) 24,207 Sales 81% Residential 2,500 Sales 100% Mall 24,500 Sale & Lease 30% Commercial 2,768 Sale 100% Office Building 7,116 Lease 71% School 9,522 Lease Open Land Factory 27,500 Let out 33
Slide 16: Leasing Business
Leasing Business FY15 Revenue Leasing Revenue Plot Area in Sq Mts Rs Lacs Factory Leasing 8,630 150 Office Leasing 6,841 432 School + Play Ground Leasing 13,080 305 Leasing Stock Mall 10,985 To Commence in FY16 Office 4,028 To Commence in FY16 Factory 6,438 To Commence in FY16 16
Slide 17: Metropolitan by Elpro
Metropolitan by Elpro Construction Tracker March 2015 – 81% completed Possession to be given by May 2016 Pending construction of 1,65,545 sq ft (90% civil work of this is over) Sales Tracker 3,38,001 sq ft sold for a value of Rs. 1,202 mn This exclusive living space has been formed with
Slide 18: Elpro Mall
Elpro Mall Construction Tracker March 2015 – 30% completed Possession to be given by June’16 Pending construction of 2,40,000 sq ft Sales Tracker 1,50,000 sq ft sold for a value of Rs.540 mn Leasable area 3,02,277 Sq ft ( Other than area already sold) Received Rs. 378 mn Proposed project
Slide 19: Glimpse of Projects
Glimpse of Projects Elpro Metropolis Elpro Business Bay Metropolitan By Elpro Global Indian International School Elpro Business Bay
Slide 20: Surge Arresters
Elpro International Ltd (3 Surge Arresters 20
Slide 21: Surge Arresters
Surge Arresters India's largest and among the leading companies in South Asia in Surge Arresters with technology from GE, USA Specialise in Design, Manufacture and Supply of Metal Oxide Surge Arresters known as Gapless Provide technical advantages and significant cost savings Protection agai
Slide 22: Product Portfolio
Product Portfolio Distribution Station Class Class Arresters Arrestors Utilised in distribution Secondary MOGARD station class Under Oil Surge network Surge Arresters Surge Arresters Arresters Range: 3 kV - 36 kV Range: 3 kV - 36 kV Protection against Predominantly used externally induce
Slide 23: Financial Performance
Elpro International Ltd Financial Performance 23
Slide 24: Standalone Performance
Standalone Performance Rs. Crs Q4FY15 Q4FY14 YoY% FY15 FY14 YoY% Revenue 9.2 8.1 13.8% 36.7 28.5 28.7% Raw Material 3.4 3.3 14.5 11.6 Employee Cost 0.6 0.6 1.9 1.5 Other Expenses 1.1 2.8 4.3 4.8 EBITDA 4.17 1.4 204.3% 16.0 10.6 50.5% EBITDA Margin 45.2% 16.9% 43.6% 37.3% Other Income 0.2 0.3 0.4 0.5
Slide 25: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Rs. Crs FY15 FY14 YoY % Revenue 36.7 28.5 28.7% Raw Material 14.5 11.6 Employee Cost 2.0 1.7 Other Expenses 4.4 4.9 EBITDA 15.7 10.3 28.7% EBITDA Margin 42.90% 36.25% Other Income 0.4 0.5 Interest 17.9 13.6 Depreciation 0.5 1.4 Exceptional Item 0.0 -0.1 PBT -2.
Slide 26: Consolidated Balance Sheet
Consolidated Balance Sheet Rs. Crores Mar-15 Mar-14 Rs. Crores Mar-15 Mar-14 Shareholder’s Fund 175.6 178.0 Non-Current Assets 369.8 356.8 Share capital 8.6 8.6 Fixed assets 93.6 81.3 Reserves & Surplus 166.9 169.4 Goodwill 0.7 0.7 Minority Interest 4.2 4.2 Non-Current Investments 269.2 269.2 Non-Cu
Slide 27: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : Elpro International Ltd. Strategic Growth Advisors Pvt. Ltd. CIN: L51505MH1962PLC012425 CIN: U74140MH2010PTC204285 Mr. Sambhaw Jain Ms. Payal Dave / Ms. Ruchi Rudra sambhaw@elpro.co.in dpayal@sgapl.net / rruchi@sgapl.ne
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