Alicon Castalloy Limited · NSE:ALICON
Alicon Castalloy — Q3 FY2019 Earnings Presentation
27 slides from Alicon Castalloy's earnings presentation, Feb 7, 2019
Slide 1: Exchange filing cover letter
ali con aIicon group company February 7, 2019 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, Mumbai - 400 001 Bandra (East}, Mum
Slide 2: Q3 & 9M FY19 Results Presentation
Alicon Castalloy Ltd Q3 & 9M FY19 Results Presentation February 7, 2019
Slide 3: Forward-looking statements 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", "plan", "conte
Slide 4: Concall Details Q3 & 9M FY2019
Concall Q3 & 9M FY2019 Details Growth Levers About Alicon & Outlook 3
Slide 5: About Alicon Castalloy
About Alicon Castalloy
Slide 6: End-to-end solutions across aluminum casting needs
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 44 processes of Operates one Leaders in the Machining and base across yea
Slide 7: Key company facts and revenue CAGR
17% 20% 20% Revenue CAGR EBITDA CAGR PAT CAGR (5 yr) (5 yr) (5 yr) 76 ` 1,014 customers with.. 4 ` Manufacturing Units INR crore of Revenue in FY18 685 Live Parts Presence in 60 1,037 No. of product 15 No. of permanent innovations during FY18 countries employees 6
Slide 8: A blend of European engineering skills, Japanese quality
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 50+ years of track record 230+ engineering skills, experience Years of Cumulative Japanese quality Si
Slide 9: Catering to key sectors of the Indian economy
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 economy Automobile Infrastructure Aerospace Medical Energy Agriculture 8
Slide 10: Strategic locations enable better speed-to-market
Strategic locations enable better speed-to-market and increased cost optimization 4 modern plants (including 1 international) Slovakia Austria High-end machines Binola Pune Advanced Technology Centre Globally competent Tool Rooms (20 tools/ a month Full-fledged Machine Shop (including assembly facil
Slide 11: Diversity across markets and industries provides a natural hedge
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 Others…. 10
Slide 12: Q3 & 9M FY2019 Financial Performance
Q3 & 9M FY2019 Financial Performance
Slide 13: Q3 FY19 revenue, EBITDA, PBT and PAT
• Revenue from Operations Net Revenue from Operations EBITDA stood at Rs. 266 crore, higher by 4% 265.8 • Domestic Revenues higher 35.2 256.6 by 2% YoY 29.5 • Export* segment reported growth of 9% YoY Q3 FY18 Q3 FY19 Q3 FY18 Q3 FY19 • Gross profit margins stable at EBITDA % 11% 13% 49% • EBITDA stoo
Slide 14: Q3 Exports and domestic split
Exports Non-auto, (incl. 9% overseas business) 21% Auto, 91% Domestic, 79% 13
Slide 15: 9M FY19 revenue, EBITDA, PBT and PAT
• Revenue from Operations Revenue from Operations EBITDA higher by 21% to Rs. 868 crore 868.2 • Domestic Revenues stood at 715.8 108.5 Rs. 706 crore, up by 20% YoY 81.1 • Export* segment up by 27% YoY 9M FY18 9M FY19 9M FY18 9MFY19 • Gross profit margins steady at 49% EBITDA % 11% 12% • EBITDA stood
Slide 16: 9M Exports and domestic split
Exports Non-auto, (incl. 9% overseas business) 19% Auto, 91% Domestic, 81% 15
Slide 17: Profit and loss statement
Particulars (Rs. crore) Q3FY19 Q3FY18 Y-o-Y Shift 9MFY19 9MFY18 Y-o-Y Shift Net Revenue from Operations 265.8 256.6 4% 868.2 715.8 21% Other Income 2.5 3.3 -26% 6.4 9.4 -32% Total Income 268.3 260.0 3% 874.6 725.2 21% Total Expenditure 233.1 230.5 1% 766.1 644.0 19% Raw Material expenses 135.3 131.7
Slide 18: Group CEO commentary on performance
Commenting on the performance, Mr. Rajeev Sikand, Group CEO , Alicon Castalloy said, “We are pleased to report a steady performance during the quarter, despite a cyclical slowdown in the domestic auto industry. Revenues during the quarter were higher by 4% accompanied by EBITDA growth of 19% on a y-
Slide 19: Business Growth Levers & Outlook
Business Growth Levers & Outlook
Slide 20: Growth levers: solution provider, emerging opportunities, exports
Solution Provider At The Forefront Of Integrated Emerging Offerings Opportunities Strengthening The Manufacturing Export Platform Excellence Focus on Underpenetrated Segments 19
Slide 21: Vision G5 2021-22
In FY16, Alicon unveiled its vision G5 2021-22, which spells out the Company’s ambition to be among the Top 5 global foundries by FY2021-22 Non-auto Alicon’s current size as on FY18 Revenue 2,000 Cr. + Alicon’s targeted size in FY22 Revenue Auto 1,000 Cr.+ Domestic Global 20
Slide 22: Our Mission and Values
To become the globally preferred supplier for Light Alloy Casting Solutions Our Mission Our Values North Star philosophy - Alicon endeavors to Grow the employees, Quality, Integrity and promote Indian self-reliance in the present domains associates and suppliers Respect Ensure total customer We ar
Slide 23: Concall Details
Concall Details
Slide 24: Q3 & 9M FY19 Earnings Conference Call
Alicon Castalloy’s Q3 & 9M FY19 Earnings Conference Call Time & Date • 2.30 PM on Friday, February 8, 2019 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 • USA: 1 866 746 2133 2
Slide 25: Thank You
Thank You For further information, please contact: Tarunkumar Vyas Alicon Castalloy Ltd Tel: +91 74200 73369 E-mail: tarun.vyas@alicongroup.co.in Mayank Vaswani / Shikha Kshirsagar CDR India Tel: +91 22 6645 1230/ 6645 1243 Email: mayank@cdr-india.com shikha@cdr-india.com For more information, visit
Slide 26: Press release: Alicon announces Q3 & 9M FY19 earnings
Alicon Castalloy Ltd Gate No. 1426, Shikrapur, Tal. Shirur, District Pune - 412208. Maharashtra, INDIA Alicon announces Q3 & 9M FY19 Earnings Total Income increases by 21% to Rs. 875 crore in 9MFY19 PAT higher by 43% to Rs. 37 crore in 9MFY19 Pune, February 7, 2019: Alicon Castalloy Ltd (Alicon), on
Slide 27: About Alicon Castalloy Ltd
transformative solutions. Further, our initiatives to diversify our offerings across multiple user industries provide us with more levers for growth. We are also pursuing opportunities from the emerging e-mobility focus in order to be at the forefront of industry trends as we strive to firmly establ