Transformers And Rectifiers (india) Limited · NSE:TARIL
Transformers And Rectifiers (india) — Q4 FY2010 Earnings Presentation
22 slides from Transformers And Rectifiers (india)'s earnings presentation, Apr 27, 2010
Slide 1: Company Presentation Q4 FY'2010
Company Presentation Q4 FY’2010 27th April’2010
Slide 2: Disclaimer
DISCLAIMER This presentation and the discussion that follows may contain certain words or phrases that are forward - looking statements, based on current expectations of the management of Transformers and Rectifiers India Ltd or any of its subsidiaries and associate companies (“TRIL”). Actual result
Slide 3: Mission
MISSION To emerge as a preferred solution provider for quality transformers with a team of dedicated professionals and business associates who are ethical, value driven and create excellent customer relationships.
Slide 4: About Us
ABOUT US • A leading manufacturer of power, distribution and furnace transformers with an integrated installed capacity of 23,200 MVA up to 400 KV class § Manufacturer of special transformers like furnace transformers, rectifier transformers, testing transformers. § One among few Indian manufacturer
Slide 5: Financials Standalone
FINANCIALS STANDALONE Particulars FY’ 2007 FY’ 2008 FY’ 2009 FY’ 2010 (Rs. In Lacs) Standalone EPS Net Sales 21,800 30,186 42,508 51,510 Rs. 38.31 Other Operating Income 86 577 1,040 871 EBITDA 3,270 6,096 7,509 8,373 EBIT 3,112 5,900 7,257 7,932 PAT 1,666 3,310 4,412 4,951 Consolidated EPS Rs. 40 E
Slide 6: Financials Consolidated
FINANCIALS CONSOLIDATED Particulars (Rs. In Lacs) FY’ 2008 FY’ 2009 FY’ 2010 Net Sales 30,570 43,050 51,971 Other Income 591 1,134 908 PAT 3,460 4,524 5,164 Consolidated EPS 32.30 35.00 39.96 PAT Margin 11% 10% 10% Subsidiaries/ Associates TRANSWELD : 100% - Transformer Tanks TRANSPARES : 51% - Radi
Slide 7: Financial Performance Standalone (Year-on-Year)
FINANCIAL PERFORMANCE STANDALONE (Year – On – Year) Particulars FY 2009 FY 2010 % Change (Rs. In Lacs) Revenue 43,602 52,381 20% Sales 42,508 51,510 21% EBIDTA 7,509 8,373 12% PBT 6,565 7,462 14% PAT 4,412 4,951 12%
Slide 8: Financial Performance Standalone (Qtr-on-Qtr)
FINANCIAL PERFORMANCE STANDALONE (Qtr – On – Qtr) Particulars Q4 FY 09 Q4 FY 10 % Change (Rs. In Lacs) Revenue 13,497 21,702 61% Sales 13,308 21,384 61% EBIDTA 2,194 3,455 57% PBT 1,960 3,133 60% PAT 1,285 1,995 55%
Slide 9: Major Highlights of Q4 FY'2010
MAJOR HIGHLIGHTS OF Q4 FY’2010 ØFirst Time Quarter Sales Crossed by 200 Crore. ØMSETCL order worth Rs. 122 Crore executed successfully. Ø2 No. of 400 kv Jobs Tested & Dispatched Successfully. ØProduction in Q4 FY’2010 has registered a 163% increase over Q4 FY’2009. Production in MVA terms for this q
Slide 10: Operational Performance
OPERATIONAL PERFORMANCE PRODUCTION & SALES % Change % Change Particulars Q4 FY’2009 Q4 FY’2010 FY’2009 FY’2010 (Qtr-o-Qtr) (Y-o-Y) Production 1,867 4,913 163% 7,248 12,128 66% (MVA) Sales 2,276 5,261 131% 7,526 11,498 53% (MVA) Sales 13,308 21,384 61% 42,508 51,510 21% (Rs.In Lacs) Realisation 5.85
Slide 11: Operational Performance: Sales Breakup – Customer Segments
OPERATIONAL PERFORMANCE SALES BREAKUP – CUSTOMER SEGMENTS The break-up of the sales achieved by the company between industrial segme nt (including furnace, rectifier, power and distribution transformers) and utility segment (SEBs, PGCIL and NTPC) is as under: Q4 FY’2009 Q4 FY’2010 FY’2009 FY’2010 Rs
Slide 12: Operational Performance: Sales Breakup – Product Segments
OPERATIONAL PERFORMANCE SALES BREAKUP – PRODUCT SEGMENTS Sales position relating to Power, Distribution and industrial transformers (Furnace, rectifier transformer and other special transformers) as a percentage of total sales is as under: Q4 FY’2009 Q4 FY’2010 FY’2009 FY’2010 Rs. in Rs. in Rs. in R
Slide 13: Order Book
ORDER BOOK The Company has an order book position of Rs.27,572 Lacs as on 31st March, 2010 and Rs.31,490 Lacs as on 27th April’2010. The break-up of current order book position is as under: Type of Transformer Order Book % (Rs. In Lacs) Power Transformers 25416 81% Distribution 701 2% Transformers F
Slide 14: Order Book KV Class Wise
ORDER BOOK KV CLASS WISE Order Book Transformer Class % (Rs in Lacs) =36 KV 6057 19% >36 KV & =72.5 KV 2621 8% >72.5 KV & =145 KV 7632 24% >145 KV & =245 KV 15180 49% Total 31490 100%
Slide 15: Order Book Graph
ORDER BOOK GRAPH Order 8% Book 9% 315 Crore 2% Power Transformers Distribution Transformers Furnace & Rectifier Transformers Export 81%
Slide 16: Customer Mix
CUSTOMER MIX TRIL caters to a wide spectrum of transformer users in various industries such as petrochemicals, oil refining, cement, paper and pulp, pharmaceuticals, automobiles, steel, alloy plant, power plant, railway applications, mining, minerals among others. Our customer base is also well-dive
Slide 17: Strong Financial Performance Standalone: EBITDA
STRONG FINANCIAL PERFORMANCE STANDALONE EBITDA (Rs. In Lacs) 30% 49% 8373 8500 CAGR 25% 7510 6100 20% 6500 15% 4500 3710 10% 2500 1490 5% 760 500 0% FY05 FY06 FY07 FY08 FY09 FY10 EBITDA EBIDTA Margins
Slide 18: Strong Financial Performance Standalone: Net Sales
STRONG FINANCIAL PERFORMANCE STANDALONE Net Sales (Rs. In Lacs) 60,000 51,510 8% GR3 CA 42,510 45,000 30,190 30,000 22,020 15,000 12,830 7,460 0 FY05 FY06 FY07 FY08 FY09 FY10
Slide 19: Strong Financial Performance Standalone: PAT
STRONG FINANCIAL PERFORMANCE STANDALONE PAT (Rs. In Lacs) 4951 % 4410 5000 R 58 12% G CA 4200 10% 3310 3400 8% 2600 6% 1760 1800 4% 1000 820 2% 320 200 0% FY05 FY06 FY07 FY08 FY09 FY10 PAT PAT Margins
Slide 20: Strengths
STRENGTHS • TRIL has three manufacturing facilities 25000 Capacity Utilization – Odhav (Installed capacity of 1200 MVA) 23200 – Changodar (Installed capacity of 6000 MVA) – Moraiya (Installed capacity of 16000 MVA) 20000 • Exports has provided impetus to growth rising to Rs.7,320 Lacs in FY’2010 fro
Slide 21: Awards & Accolades
AWARDS & ACCOLADES Consecutively 2 nd time Chosen as the Best Valued Customer Award from Equipment Supplier by Gujarat Energy Central Power Research Institute Transmission Corporation Ltd Star Export House Certificate from Ministry of Commerce Government of India for outstanding performance in Expor
Slide 22: Thank You
Thank You www.transformerindia.com
Transformers and Rectifiers (India) — Q4 FY2010 Earnings Presentation on 6ix