Man Industries (india) Limited · NSE:MANINDS
Man Industries (india) — Q3 FY22 Earnings Presentation
28 slides from Man Industries (india)'s earnings presentation, Feb 10, 2022
Slide 1: Cover letter to stock exchanges
© An ISO 9001:2015, 14001:2015, 45001:2018 Certified Company www.mangroup.com Industries (India) Ltd CIN NO. - L99999MH1988PLC047408 the line pipe people February 10, 2022 To, To, BSE Limited National Stock Exchange of India Ltd. 1st Floor, New Trading Ring, Exchange Plaza, 5“ Floor, Rotunda Buildin
Slide 2: Man Industries (India) Ltd. Q3 FY22 Investor Presentation
Man Industries (India) Ltd. Oil Gas Water Q3 FY22 Investor Presentation
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Man Industries India 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 s
Slide 4: Table of Content
Table of Content 1. Q3 & 9M FY22 Highlights 2. New Era Of Growth 3. Industry Opportunities 4. Company Overview 5. Historical Financial Highlights 3
Slide 5: Q3 & 9M FY22 Highlights
Q3 & 9M FY22 Highlights
Slide 6: Key Highlights
Key Highlights ➢ During the quarter received multiple order worth approx. Rs. 9,000 million to supply pipes for the oil & gas and water related projects ➢ Unexecuted Order book as on date stands at approx. Rs. 11,000 million with active bid book of over Rs. 2,10,000 million ➢ Work on the induction b
Slide 7: Consolidated Profit & Loss Statement – Q3 & 9M FY22
Consolidated Profit & Loss Statement – Q3 & 9M FY22 Particulars (INR Mn) Q3 FY22 Q3 FY21 % Change 9M FY22 9M FY21 % Change Revenue from Operations 6,309 5,545 15,248 15,401 Other Income 38 (61) 213 135 Total Income 6,347 5,484 15.7% 15,461 15,536 (0.5%) Gross Profit 2,076 1,594 4,660 4,771 Gross Mar
Slide 8: Consolidated Balance Sheet as on 30th Sept' 2021
Consolidated Balance Sheet as on 30th Sept’ 2021 (Rs Mn) Sept’ 21 Mar’ 21 (Rs Mn) Sept’ 21 Mar’ 21 Share Capital 286 286 Fixed Assets incl. CWIP 3,257 3,376 Other Equity 8,543 8,063 Non-Current Investment 1,023 1,023 Shareholders' Funds 8,828 8,349 Trade Receivables 403 252 Borrowings 16 20 Other Fi
Slide 9: New Era of Growth
New Era of Growth
Slide 10: Strengthening the Board & Leadership Team
Strengthening the Board & Leadership Team • Mr. Ramesh C Manshukhani, Group Chairman with 40+ years of experience Continued Strong Leadership • Driving force behind success of the Man Group through setting up new manufacturing facilities with latest technologies • Endorsed Mr. Nikhil Mansukhani as M
Slide 11: Continued Focus on Corporate Governance
Continued Focus on Corporate Governance Divestment of noncore business activity • The Board of Directors have approved disinvestment of equity in the subsidiary Merino Shelter Pvt. Ltd, which is engaged in real estate development • Proceeds to be used for capex plans for enhancing product range and
Slide 12: Leveraging Existing Capacity to Drive Growth
Leveraging Existing Capacity to Drive Growth Current Capacity Total available capacity 1 million MTPA HSAW Pipe Optimize utilization to generate higher revenue from 5,00,000 current setup Focus on higher ticket size projects for better utilization and reduced wastage LSAW Pipe 5,00,000 Debottlenecki
Slide 13: Entering New Product Offering
Entering New Product Offering ERW Steel Pipes Steel Bends, Value added Products & Upgradation • 6” to 18” diameter size (API grade) • Size range of 18” nominal bore to 48” nominal bore • To Serve the hydro-carbon and CGD sector • Volume - ~5,500 - ~6,000 bends annually • New line to be installed at
Slide 14: Industry Opportunities
Industry Opportunities
Slide 15: Strong Demand Growth from Global Oil & Gas Sector
Strong Demand Growth from Global Oil & Gas Sector • Global demand for steel pipes and tubes to increase at CAGR of 6.2 % from 142.4 billion USD in 2019 to 230.4 billion USD in 2027 • Oil & Gas sector largest consumer of steel pipes • Increase in spending for exploration and distribution of oil and g
Slide 16: Supported by Domestic Gas Infra Push
Supported by Domestic Gas Infra Push National Gas Grid City Gas Distribution • Govt plans to increase share of natural gas in the energy mix to increase to 15% by 2030 from 6% • CGD market to grow at 10% CAGR over next 10 now years • Plans to take CGD network to 1,74,000-inch km in • Announced the e
Slide 17: And Rising Opportunities in Water Infra
And Rising Opportunities in Water Infra Govt’s Initiatives Jal Jeevan Mission National River Linking Scheme Fig in Rs. crore Fig in Rs. crore 3,50,000 5,60,000 1,40,000 1,12,000 Total Planned Large diameter Total Planned Large diameter Outlay pipes share Outlay pipes share • Union Budget 2022 - 23 h
Slide 18: Company Overview
Company Overview
Slide 19: Among Leading Manufacturer of Large Diameter Pipes
Among Leading Manufacturer of Large Diameter Pipes API grade LSAW, 25+ years in HSAW, Coating products used in O&G, 1 Million+ MT pipe industry installed capacity water 5 production lines at Approved 13,000+ KM Vendor for domestic 2 state of art & international oil & pipe supplied since inception ma
Slide 20: Offering Specialized Products through State-of-art Facility
Offering Specialized Products through State-of-art Facility Anjar, Gujarat Pithampur, Madhya Pradesh • Easy and fast access to Kandla & Mudra • Close to national highway, saving logistic port to cater to International market cost • Close proximity to rail and national • Strategically located to cate
Slide 21: Approved Vendor for all Oil & Gas Majors Worldwide
Approved Vendor for all Oil & Gas Majors Worldwide International Clients Domestic Clients Strong and Long-term client relationship built on quality and timely execution 20
Slide 22: Corporate Social Responsibility
Corporate Social Responsibility ➢ MIIL fulfils its socio-economic goals by partnering with various NGO’s, groups or directly ➢ Company has increased its CSR spending by allocating special funds for the needs during the COVID -19 pandemic Key Focus area of CSR activities Key Initiatives • Employabili
Slide 23: Historical Financial Performance
Historical Financial Performance
Slide 24: Consolidated Profit & Loss Statement – FY21
Consolidated Profit & Loss Statement – FY21 Particulars (INR Mn) FY21 FY20 % Change Revenue from Operations 20,802 17,593 Other Income 308 166 Total Income 21,110 17,758 18.9% Gross Profit 7,068 5,127 Gross Margin 33.5% 28.9% Operating expenses 18,752 15,913 EBITDA 2,358 1,845 27.8% EBITDA Margin% 1
Slide 25: Consolidated Balance Sheet as on 31st March 2021
Consolidated Balance Sheet as on 31st March 2021 (Rs Mn) Mar-21 Mar-20 (Rs Mn) Mar-21 Mar-20 Share Capital 286 286 Fixed Assets incl. CWIP 3,376 3,719 Other Equity 8,063 7,178 Non-Current Investment 1,023 1,023 Shareholders' Funds 8,349 7,464 Trade Receivables 252 511 Borrowings 20 153 Other Financi
Slide 26: Annual Profit & Loss Highlights
Annual Profit & Loss Highlights Total Income Rs. Mn Gross Profit (Rs. Mn)/Gross Profit Margin (%) 30,000 8,000 33.5% 40% 22,424 21,110 22,500 7,000 27.3% 28.9% 35% 16,643 17,758 6,000 24.3% 7,068 30% 5,000 25% 15,000 5,454 5,127 4,000 4,552 20% 3,000 15% 7,500 2,000 10% 1,000 5% 0 0 0% FY18 FY19 FY2
Slide 27: Key Financial Ratios
Key Financial Ratios Return on Capital Employed (%) Dividend Payout (%) 22% 18% 19% 15% 16% 13% 10% 11% FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 Debt to Equity Book Value Per Share (Rs.) 0.4 146 123 131 0.3 0.3 0.3 114 FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 RoCE – EBIT/Capital employed (Total assets
Slide 28: Thank You
THANK YOU Man Industries (India) Ltd. Pareto Capital (Investor relations advisor) Mr. Mahantesh M, Manager IR Ms. Pooja Dokania/ Mr. Smit Shah mahantesh.m@maninds.org pooja.dokania@paretocapital.in/ Man House, 101, S.V. Road, Vile Parle (W), smit.shah@paretocapital.in Mumbai. B/ 210, Kanakia Wall St
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