Alicon Castalloy Limited · NSE:ALICON
Alicon Castalloy — Q3 FY2024 Earnings Presentation
26 slides from Alicon Castalloy's earnings presentation, Feb 10, 2024
Slide 1: Cover letter to stock exchanges
Casting the Future Ref No.: Alicon/Stock Exch/Letter/2024-13 February 10, 2024 To To The Manager The Manager The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P. J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalai Street, Mu
Slide 2: Alicon announces Q3 & 9M FY24 Earnings
Alicon Castalloy Ltd Gate No. 1426, Shikrapur, Tal.Shirur, District Pune - 412208. Maharashtra, INDIA Alicon Castalloy announces Q3 & 9M FY24 Earnings Reports highest ever quarterly revenue in Q3FY24 Q3FY24 Total Income at Rs. 405.75 crore, higher by 12% YoY EBITDA at Rs. 52.97 crore, higher by 25%
Slide 3: CEO commentary on performance
Commenting on the performance, Mr. Rajeev Sikand, Group CEO, Alicon Castalloy said, “I am delighted to share that Q3 revenue of Rs. 405 crore is the highest ever quarterly revenue in the history of Alicon. In recent years, we have invested significant effort towards elevating our business offerings
Slide 4: About Alicon Castalloy Ltd
About Alicon Castalloy Ltd Alicon Castalloy Limited (Alicon) [BSE: 531147, NSE: ALICON] is one of India’s largest integrated manufacturers of aluminum castings. Headquartered at Pune, the Company amalgamates the best of European Engineering, Japanese Quality and Indian Ingenuity & frugality to serve
Slide 5: Q3 & 9M FY24 Results Presentation
Alicon Castalloy Ltd Q3 & 9M FY24 Results Presentation February 10, 2024
Slide 6: Disclaimer
Disclaimer Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "pl
Slide 7: Contents
Contents About Q3 & 9M FY24 Concall Alicon Highlights Details 3
Slide 8: About Alicon Castalloy
About Alicon Castalloy
Slide 9: Alicon Castalloy - Overview
Alicon Castalloy - Overview Offers end-to-end solutions spanning the entire spectrum of aluminum casting needs across multiple user industries Offers - Design, Diversified Pioneer in Engineering, marquee Robust track India for Casting, Customer record of 49 processes of Operates one Leaders in the M
Slide 10: Alicon Castalloy - At a Glance
Alicon Castalloy - At a Glance 1,405 157 96 customers with.. 4 INR crore of Total INR crore of Manufacturing Income in FY23 EBITDA in FY23 854 Live Parts Units 133 963 Customers in No. of product 18 No. of permanent innovations FY20-23 countries employees 6
Slide 11: Blending the best attributes
Alicon Castalloy – Blending the best attributes Enkei Corporation Alicon Castalloy Leading Japanese Largest Foundry in India – motor cycle and offering frugal engineering passenger car solutions wheel A blend of manufacturer European 70+ years of 49 years of track record 230+ engineering skills, exp
Slide 12: One-stop shop for aluminum alloy casting solutions
One-stop shop for all engineering solutions related to aluminum alloy castings Prototype Design Tool Design & Painting & Manufacturing Simulation Machining & Tool Sub-Assembly Manufacturing VA/VE Casting Fixture Design & Suggestions Manufacturing Manufacturing Catering to key sectors of the Indian e
Slide 13: Global Presence: Close-to-Demand
Global Presence : Close-to-Demand Strategic locations enable shorter time-to-market and enhanced cost optimization 4 modern plants (1 international) High-end machines Slovakia Advanced Technology Centre Austria Binola Pune Globally competent Tool Rooms (20 tools/ a month Full-edged Machine Shop (inc
Slide 14: Diversified base of marquee customers
Diversified base of marquee customers Diversity across markets and industries provides a natural hedge TWO WHEELER OEM FOUR WHEELER OEM TIER 1 & NON AUTO Not reliant on a single ‘anchor’ customer None of the customers contribute >15% of turnover AND MANY MORE…. 10
Slide 15: Q3 & 9M FY2024 Operational & Financial Highlights
Q3 & 9M FY2024 Operational & Financial Highlights
Slide 16: Q3 FY24: Overview of Operating Environment
Q3 FY24: Overview of Operating Environment (1/2) Business & Macro-demand Highlights: • In Q3 FY24, Auto dispatches showed an improved performance, especially the 2W segment, which saw a healthy double-digit YoY growth. – 5% growth in PV segment on a yoy basis – 6% growth in CV segment on a yoy basis
Slide 17: Q3 & 9M FY24 - Operational Resilience
Q3 & 9M FY24 - Operational Resilience • Lower fixed expenses • Lean and Agile manufacturing • In Q3 FY24, the Company has booked processes Sustainable Cost- New 13 new parts from 4 customers optimisation Business • Focus on reducing overheads Wins: • This includes 2 parts from EV/CN and • Program to
Slide 18: Q3 FY24 Highlights – Consolidated
Q3 FY24 Highlights – Consolidated • In Q3, Alicon delivered Growth in Total Income Total Income of 12% on a yoy basis EBITDA and of 6% on a qoq basis. Revenues of Rs. 405 crore in Q3 represent the 381.8 405.7 47.0 53.0 highest ever quarterly revenues in the 362.0 42.4 history of the Company. • Gross
Slide 19: Revenue Mix – Q3 FY24
Revenue Mix – Q3 FY24 Non-auto 4% Global 28% Domestic 72% Auto 96% 15
Slide 20: 9M FY24 Highlights – Consolidated
9M FY24 Highlights – Consolidated • Alicon has reported an increase in Total Income EBITDA Total Income by 5% YoY in 9M FY24. This has been achieved by addition 1,142.4 of new parts as well as new logos 140.0 with strong traction witnessed in 123.8 global business. 1,084.0 • Gross profit of Rs. 576.
Slide 21: Revenue Mix – 9M FY24
Revenue Mix – 9M FY24 Non-auto 5% Global 23% Domestic Auto 77% 95% 17
Slide 22: Abridged P&L – Consolidated
Abridged P&L – Consolidated Particulars (Rs. crore) Q3 FY24 Q3 FY23 Y-o-Y Shift 9M FY24 9M FY23 Y-o-Y Shift Net Revenue from Operations 404.97 361.31 12% 1,140.07 1,081.90 5% Other Income 0.78 0.72 8% 2.33 2.08 12% Total Income 405.75 362.03 12% 1,142.40 1,083.98 5% Total Expenditure 352.77 319.67 1
Slide 23: Management Message
Management Message Commenting on the performance, Mr. Rajeev Sikand, Group CEO, Alicon Castalloy said, “I am delighted to share that Q3 revenue of Rs. 405 crore is the highest ever quarterly revenue in the history of Alicon. In recent years, we have invested significant effort towards elevating our
Slide 24: Concall Details
Concall Details
Slide 25: Conference Call Details
Conference Call Details Alicon Castalloy’s Q3 & 9M FY24 Earnings Conference Call Time & Date • 11:30 am IST on Monday, February 12, 2024 Local dial-in numbers • +91 22 6280 1141 • +91 22 7115 8042 International Toll Free Number • Hong Kong: 800 964 448 • Singapore: 800 101 2045 • UK: 0 808 101 1573
Slide 26: Thank You
Thank You For further information, please contact: Vishnu Patel Alicon Castalloy Ltd Tel: +91 94273 23890 E-mail: vishnu.patel@alicongroup.co.in Mayank Vaswani / Mit Shah CDR, India Tel: +91 22 98209 40953 / 99201 68314 Email: mayank@cdr-india.com mit@cdr-india.com For more information, visit www.al