Slide 1: AGM Presentation cover letter to NSE
WAS Ex ENGINEERING LTD. Unit-1 : CAST PRODUCTS PLANT, 31, Sector 'C' Industrial Area, Sanwer Road, Indore-452 015 (M.P.) Phone : +91-731-2720143, 6732700 30.09.2020 The Manager Listing Department National Stock Exchange of India Limited Bandra Kurla Complex, Bandra (East) Mumbai — 400 051 Dear Sir/
Slide 2: JASH Engineering Ltd. 46th Annual General Meeting
When every drop counts… JASH ENGINEERING LTD. Contributing to a sustainable environment worldwide… 46th Annual General Meeting 29th September 2020 Mahr Maschinenbau
Slide 3: Company Overview
COMPANY OVERVIEW 2
Slide 4: Jash At-A-Glance
JASH AT-A-GLANCE Incorporation 1973 of Company Jash Engineering Ltd. › An ISO-9001:2015 / ISO-14001:2015 / BS 45+ Exports OHSAS 18001:2007 certified company Countries Global 5 Manufacturing Units dedicated to offering varied products for use in Water and Wastewater Pumping Stations and Treatment Pla
Slide 5: Drive Value Through Acquisition
DRIVE VALUE THROUGH ACQUISITION Rodney Hunt Inc., USA To add world renowned brand and get (FY-20 revenue ₹ 85.9 Cr.) access into north American market of water (Acquired at US$ 4 million) 2016 control gates. To add top representatives in each state so that they can help in selling Mahr Maschinenbau
Slide 6: Product Usage
PRODUCT USAGE Human Drinking Water Cycle 10-15% % Of Total Turnover Industrial Usage Storm Water Cycle 10-20 % 5-10% % of total turnover % of total turnover PRODUCT USAGE Renewable Energy Generation Human Wastewater Cycle 5-10% 60-70 % % of total turnover % Of Total Turnover 55 Mahr Maschinenbau
Slide 7: Application of Products
APPLICATION OF PRODUCTS Water intake systems Storm water pumping stations Water & waste water treatment plants Steelsystems Irrigation plant Power plants Paper & pulp plants Petrochemical plants Steel plants 6 Mahr Maschinenbau
Slide 8: Product Offerings with Revenue Contribution (FY20)
PRODUCT OFFERINGS WITH REVENUE CONTRIBUTION (FY20) Water Control Gates Screening Equipment 47% 18% Revenue Contribution Revenue Contribution Hydropower & Pumping , Valves Process Equipment and others 18% 17% Revenue Contribution Revenue Contribution 7 Mahr Maschinenbau
Slide 9: Making the World Our Market
MAKING THE WORLD OUR MARKET From predominant sales in single geography of India in early nineties, the company is today present in multiple (over 45 countries) regions with each region having significant contribution in turnover. USA HONG KONG FY 19 FY 20 FY 19 FY 20 739 889 42 73 Sweden Norway Cana
Slide 10: Revenue Breakup Geography Wise
REVENUE BREAKUP GEOGRAPHY WISE PRESENT MARKET SPREAD MARKET SPREAD BY 2022-23 USA Rest Of World Domestic USA Rest Of World Domestic 33% 13% 54% 35% 30% 35% In 2017 the company decided to pursue an export led growth strategy and reduce dependence on Indian market by increasing exports from 20% to 65%
Slide 11: State of Art Facilities & Turnover Capability
STATE OF ART FACILITIES & TURNOVER CAPABILITY UNIT-1 CAST PRODUCTS PLANT UNIT-2 FABRICATED PRODUCTS PLANT Total BUILT UP AREA: 125,000 Sq. ft. BUILT UP AREA: 155,000 Sq. ft. Turnover Potential Turnover Capability : ₹ 75 Crore from existing facility Turnover Capability : ₹ 200* Crore ₹ 500 Cr UNIT-3
Slide 12: FY20 Highlights
FY20 HIGHLIGHTS 11
Slide 13: Standalone Performance – Jash Engineering Ltd.
STANDALONE PERFORMANCE – JASH ENGINEERING LTD. Revenues (₹ Cr) Gross Profit (₹ Cr) 121.1 214.3 105.9 205.0 FY19 FY20 FY19 FY20 EBITDA (₹ Cr) Profit After Tax (₹ Cr) 43.1 21.8 33.4 17.2 FY19 FY20 FY19 FY20 12 Mahr Maschinenbau
Slide 14: Standalone Performance – Shivpad Engineers Pvt Ltd.
STANDALONE PERFORMANCE – SHIVPAD ENGINEERS PVT LTD. Revenues (₹ Cr) Gross Profit (₹ Cr) 18.0 7.2 13.3 5.9 FY19 FY20 FY19 FY20 EBITDA (₹ Cr) Profit After Tax (₹ Cr) 4.9 3.4 3.8 2.5 FY19 FY20 FY19 FY20 13 Mahr Maschinenbau
Slide 15: Standalone Performance – Jash USA Inc. dba Rodney Hunt
STANDALONE PERFORMANCE – JASH USA INC. DBA RODNEY HUNT Revenues (US$ Mn) Gross Profit (US$ Mn) 11.6 4.9 3.5 10.7 FY19 FY20 FY19 FY20 EBITDA (US$ Mn) Loss After Tax (US$ Mn) -0.02 -0.5 -1.5 -0.90 FY19 FY20 FY19 FY20 14 Mahr Maschinenbau
Slide 16: Consolidated Financial Performance
CONSOLIDATED FINANCIAL PERFORMANCE Revenues (₹Cr) Gross Profit (₹Cr) & Margin (%) EBITDA (₹Cr) & Margin (%) 254.7 285.6 56.1% 16.1% 15.0% 53.6% 11.6% 161.2 179.6 51.6% 45.9 136.5 160.1 7.7% 50.2% 29.6 92.7 24.2 80.9 13.8 FY17 FY18 FY19 FY20 FY17 FY18 FY19 FY20 FY17 FY18 FY19 FY20 Profit Before Tax (
Slide 17: Consolidated Balance Sheet (₹ Cr)
CONSOLIDATED BALANCE SHEET (₹ CR) Balance sheet as on 31/03/20 FY2020 Capital Allocation Capital Structure (₹Cr) ₹cr Capital Expenditure Expenditure Cash 17.7 Capex of Debt 73.0 ₹ 5.9cr Net Debt 55.3 for the year (2.1% of revenue) Net Worth 125.5 Leverage Dividend Dividend Total Debt / 58% Capital I
Slide 18: Effect of COVID-19
EFFECT OF COVID-19 • Client inspection activities for finished goods had relatively slowed down from February on account of Covid19 related anxiety thereby affecting sales from mid-February onwards. • Shutdown Impact: • Indore & Chennai - 22nd March onwards FY20 • US operations – mid March. • Consol
Slide 19: Management Commentary
MANAGEMENT COMMENTARY Mr. Pratik Patel Managing Director “We are pleased to announce strong performance in this fiscal with consolidated revenue growth of 12.2% and EBITDA growth of 55%. Our US subsidiary Rodney Hunt’s operations are improving and losses at US operations are down to USD 0.48 million
Slide 20: FY21 Overview
*Phase 1 expansion SEZ 3 Completion by March-21 FY21 OVERVIEW 19
Slide 21: Healthy Order Book as on 1st Sept 2020
HEALTHY ORDER BOOK AS ON 1st SEPT 2020 Shivpad Engineering Export Domestic Engineering & Manufacturing Pvt Ltd Jash Ltd ₹ 144.5 cr ₹ 22.7 cr ₹ 0.9 cr ₹ 242.3 cr Combined Domestic & Subsidiaries Jash Mahr order book Maschinenbau stood at Export USA Inc GES M.B.H ₹ 386.8 cr ₹ 119.0 cr ₹ 0.3 cr Our Ord
Slide 22: Effect of COVID-19 on FY21
EFFECT OF COVID-19 ON FY21 • Plants and offices of the company have commenced activities as under: o SEZ Unit-3 & 4 : 29th April-20, Unit-2 :11th May-20, Unit-1 : 13th May-20, US Facility : Mid April-20 and Head office : 15th May-20. o Inspite of about 12 employees getting covid infection since open
Slide 23: Outlook of Rodney Hunt in FY21
OUTLOOK OF RODNEY HUNT IN FY21 • This will be the 4th full year of Rodney Hunt and 3rd full year of manufacturing operations in Orange • We have significantly reduced losses from 1.5 Million US$ in 2018-19 to 0.47 Million US$ in 2019-20 • In the current year our order booking at RH as on 1st Sept is
Slide 24: Stock Information
STOCK INFORMATION STOCK DATA (As on 18th September 2020) Symbol (NSE) JASH Market Shares Capitalization ₹ Outstanding (₹ Cr) 1.18 Cr 212.93 Stock Price (₹) 180.45 23 23 Mahr Maschinenbau
Slide 25: Thank You
THANK YOU JASHENGINEERINGLTD RODNEYHUNT INC JASHUSAINC MAHR MASCHINENBAU GMBH SHIVPAD ENGINEERSPVTLTD. E&M JASHLTD. 31, Sector-C, Industrial Area, 158 Gov Dukakis Drive, 4800 Sugar Grove Blvd, #602, Kupferschmiedgass 8, 3/86-E, ATCStreet, 2nd Main Road, 905, Silvercord Tower 2, Sanwer Road, Indore,