Cords Cable Industries Limited · NSE:CORDSCABLE
Cords Cable Industries — Q3 FY2019 Earnings Presentation
30 slides from Cords Cable Industries's earnings presentation, February 2019
Slide 1: Regulation 30 cover letter to stock exchanges
CORDS CABLE INDUSTRIES LTD. C@RDS”“ REGD. OFFICE : 94. 1st Floor, Shambhu Dayal Bagh Maig, Near Okhla Industrial Area Phase-Ill, Old lshwar Nagar, New Delhi - 110020 Tel : +91.11.40551200 : Fax : +91-11-40551281 Website : www.cordscablesom ; Email : cci|@cordscable.com ClN : L74999DL1991PLCO46092 Da
Slide 2: Investor Presentation – February 2019
Investor Presentation – February 2019
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Cords Cable Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for a
Slide 4: A Specialized Control and Instrumentation Cable Company
A Specialized Control and Instrumentation Cable Company 95% of our orders are based on customer specifications 86% of our cables constitute Instrumentation & Control Cables and 14% is Power Cables Long standing customer We have approvals from large public relationships of over 20 years sector as wel
Slide 5: Wide Range of Products to Multiple Industries
… offering Wide Range of Products to Multiple Industries Instrumentation Cables Thermocouple Cables Control Cables LV Power Cables 4
Slide 6: A Diverse Portfolio of Products
… with a Diverse Portfolio of Products Catering to the New Age Demand Thermocouple Cables Control & Electrical Wiring Cables Instrumentation, Signal and Data Cables Application: Application: Application: ✓ Control Cables: Used in interconnection of process ✓ Used in data acquisition systems, compute
Slide 7: Bringing Constant Innovation
… bringing Constant Innovation Special cables Low Temperature Low smoke zero Eurobaslise Cables Fire retardant Halogen Cables Railway Safety Low smoke Cables EPR Oil & Gas Cables Fire Survival Cables Railway Jelly Cables Cables field Quad PV Cables Solar Cables Silicone Rubber Cables Fieldbus Cables
Slide 8: With Focus on Quality
… with Focus on Quality Consistent Quality check at every stage Quality Test Labs Customer Interface Garnered a name for Product Design Customer service Choice of Vendors Timely deliveries Manufacturing Process Efficient order execution Human Resource Development Customer service 95% all Products as
Slide 9: Experienced Management Team
… Experienced Management Team Naveen Sawhney Chairman & MD A Mechanical Engineer and a PG Diploma in Marketing Management. Has an experience of over 45 years in the Cables Industry. His Vast experience, long-term vision, entrepreneurial abilities & strategic planning have led the Company towards gro
Slide 10: With Strong Core Values
… with Strong Core Values Honour Commitments Consistently maintain High Quality Strive for long-term relations and partnerships with customers, vendors and business associates Focus on product-development based on ever-changing needs of our customers Ensure Dignity of Labour Advancement in Technolog
Slide 11: Long Term Customer Relationship
… Long Term Customer Relationship Domestic International Over 20 years of Relationship 10
Slide 12: State of the Art Manufacturing Facilities
… State of the Art Manufacturing Facilities Chopanki Unit Chopanki & Kahrani ❖ Capacity of 30,000 Kms ❖ Manufactures LV Power, Instrumentation, Control & Speciality cables Rajasthan Kahrani Unit ❖ Capacity of 35,000 Kms ❖ Manufactures Control, Instrumentation, Fieldbus, PV Solar, EPR Insulated & oth
Slide 13: Certifications & Client Approvals
… Certifications & Client Approvals ❖ Manufacture cables conforming Type Tested by Major Approvals to International standards such as: EN, BS, IEC, VDE ❖ Hold BIS certification for all types of cables conforming to IS:1554(1)/1988 and IS:694-90 ❖ Quality Management System is ISO 9001:2008 Certified
Slide 14: Awards & Recognitions
… Awards & Recognitions Forbes Best Under a $ Billion – 2008 International Quality Crown Award – 2011 Ratna Shiromani Award International Business Times 1000 Fastest Growing Companies – 2012 13
Slide 15: We are Future Ready
We are Future Ready 14
Slide 16: Key beneficiary of Modernisation and Upgradation of India
Key beneficiary of Modernisation and Upgradation of India Backbone to Key Industries driving India’s Future… Renewable Power Freight Corridor Oil & Gas FMCG Smart Cities Ferrous & non Ferrous Metals Transmission & Distribution Metro Rail Refineries Chemicals Cement LPG Bottling Nuclear & Thermal Pow
Slide 17: Multiple Growth Drivers across Sectors
… with Multiple Growth Drivers across Sectors ❖ Oil & Gas ▪ Increase in safety measures, Replacement and new demand for speciality cables such as fire retardant and control cables to pick up as safety standards increase ▪ 2018-19 Budget set aside Rs. 87,000 crores for Exploration and production + Re
Slide 18: Dominance to grow beyond the Industry
… Dominance to grow beyond the Industry Indian Wire & Cables industry Sectors Driving Increase in Demand 686 518 596 ❖ Hydrocarbon Sector 451 392 ❖ Airport Modernization FY16 FY17 FY18E FY19E FY20E Rs. Bn. ❖ Freight Corridor Projects Speciality Cables at the cusp of growth ❖ Metro Rail Projects 31.0
Slide 19: Supported by Technologically Advanced Facilities
Supported by Technologically Advanced Facilities Chopanki Unit Kahrani Unit 18
Slide 20: With the Capabilities to Double the Production
With the Capabilities to Double the Production Key initiatives leading to strong With Cords leadership in Cable Space Industrial growth Low Investment for growth Emphasis on Quality Valued long term Client Relationships Current Capacity – 65,000 Kms p.a. Indian Wire & Cables industry Diverse Portfol
Slide 21: Increasing Focus on Sunrise Sectors
Increasing Focus on Sunrise Sectors Percentage Contribution to Revenues Metros & Freight Corridors Hydrocarbons Power Sector 8% 36% 40% 7% 36% 29% 28% 18% 3% 2% 9% 6% FY15 FY16 FY17 FY18 FY15 FY16 FY17 FY18 FY15 FY16 FY17 FY18 Order Book Break-up 0.4% 1.8% Hydrocarbons Total Order book of ~Rs. 167 C
Slide 22: Approvals from various International & Domestic clients
Approvals from various International & Domestic clients Approval from Abu Dhabi National Approval from Samsung Revalidation of Enlistment from Oil Company [ADNOC] Engineering Co. Ltd. Engineers India Limited (EIL) ▪ Registered & Prequalified with ADNOC ▪ Registered as a Prequalified supplier for ▪ N
Slide 23: Financial Highlights
Financial Highlights 22
Slide 24: Debt Profile
Debt Profile Total Debt Structure as of 9M FY19 9M FY19 Finance Cost Break up Rs. Crs. 4.64 17.77 3.40 28% 3.24 1.53 72% 4.96 Cash Credit Interest on Suppliers ^ Bank Discounting Total Interest Term Loan Interest Charges & Term Loans Working Capital Loans Factorinig* ^ Bank Charges are inclusive of:
Slide 25: Q3 FY19 Financial Highlights
Q3 FY19 Financial Highlights Revenue (Rs. Crs.) EBITDA (Rs. Crs.) 28.0% 18.4% 112.3 10.1 8.5 87.8 Q3 FY18 Q3 FY19 Q3 FY18 Q3 FY19 EBITDA Margin % PAT (Rs. Crs.) 9.7 +52.8% 1.9 9.0 1.3 Q3 FY18 Q3 FY19 Q3 FY18 Q3 FY19 24
Slide 26: 9M FY19 Financial Highlights
9M FY19 Financial Highlights Revenue (Rs. Crs.) EBITDA (Rs. Crs.) 18.7% 15.9% 303.2 28.4 255.5 24.5 9M FY18 9M FY19 9M FY18 9M FY19 EBITDA Margin % PAT (Rs. Crs.) 9.6 9.4 +41.9% 5.1 3.6 9M FY18 9M FY19 9M FY18 9M FY19 25
Slide 27: Profit & Loss Statement as per Ind AS
Profit & Loss Statement as per Ind AS Particulars (Rs. Crs.) Q3 FY19 Q3 FY18 YoY 9M FY19 9M FY18 YoY Revenue 112.3 87.8 28.0% 303.2 255.5 18.7% Direct Expenses 91.8 70.1 244.5 203.7 Employee Expenses 5.0 3.9 13.5 11.7 Other Expenses 5.5 5.3 16.8 15.6 EBITDA 10.1 8.5 18.4% 28.4 24.5 15.9% EBITDA Marg
Slide 28: Balance Sheet as per Ind AS
Balance Sheet as per Ind AS Particulars (Rs. Crs.) Sept 18 Mar 18 Particulars (Rs. Crs.) Sept 18 Mar 18 EQUITY & LIABILITIES ASSETS Equity 130 127 Non-current assets 92 94 Equity Share capital 13 13 Property, plant and 91 92 Other equity 117 114 equipment Security Deposit 2 2 Non-current liabilities
Slide 29: Consistent Performance over the years
Consistent Performance over the years Revenue (Rs. Crs) EBITDA (Rs. Crs) 1.4 x 1.4 x 365 36 323 33 283 29 263 265 26 27 FY14 FY15 FY16 FY17 FY18 FY14 FY15 FY16 FY17 FY18 PAT (Rs. Crs) Margins % 3.0 x 10.0% 10.0% 10.0% 10.0% 10.0% 6 5 3 2.0% 2.0% 3 1.0% 1.0% 1.0% 2 FY14 FY15 FY16 FY17 FY18 FY14 FY15
Slide 30: Cords Cable Industries Limited and Strategic Growth Advisors contacts
Cords Cable Industries Limited Strategic Growth Advisors Pvt. Limited CIN: L74999DL1991PLC046092 CIN: U74140MH2010PTC204285 Mrs. Garima Pant, CS Mr. Pratik R. Shah csco@cordscable.com pratik.shah@sgapl.net +91 97692 60769 www.cordscable.com Mr. Rohan Adhiya rohan.adhiya@sgapl.net +91 98332 19522 www
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