Slide 1: Revised investor update cover letter to exchanges
Pitti Engineering Limited J} {FormerLy Pitti Laminations Limitedl lS0 9001:2015 lS0 14001:2015 www.pitti.in PITTI 8tr November 2021 To, To, BSE Ltd National Stock Exchange of India Limited Floor 25, P J Towers, Dalal Street Exdrange Plaza, Bandra Kurla Complex Mumbai - 400 001 Bandra (E), Mumbai - 4
Slide 2: Pitti Engineering Limited Results Q2 – FY 2021-22 Investor Update
Pitti Engineering Limited (Formerly Pitti Laminations Limited) (BSE: 513519, NSE: PITTIENG) Results Q2 – FY 2021-22 Investor Update 1
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and r
Slide 4: Key Financial Highlights – Q2 FY22 (YoY)
Key Financial Highlights – Q2 FY22 (YoY) REVENUE EBIDTA PBT ₹ 242.51 Cr. ₹ 35.04 Cr. ₹ 17.82 Cr. [up: 79.15% YoY] [up: 45.82% YoY] [up: 63.04% YoY] PAT EPS CASH GENERATION ₹ 12.95 Cr. ₹ 4.04 ₹ 23.06 Cr. [up: 28.34% YoY] [up: 28.25% YoY] [up: 31.40% YoY] 3
Slide 5: Abridged Profit & Loss – Q2 FY22
Abridged Profit & Loss – Q2 FY22 (₹ in Cr.) Particulars Q2 FY22 Q2 FY21 YoY% INCOME Total Income from Operations 242.51 135.37 79.15% EXPENSES - Cost of material consumed 169.42 85.84 97.37% - Employee benefit expenses 20.52 13.81 48.59% - Finance costs 8.19 6.29 30.21% - Depreciation and amortizati
Slide 6: Key Financial Highlights – H1 FY22 (YoY)
Key Financial Highlights – H1 FY 22 (YoY) REVENUE EBIDTA PBT ₹ 418.34 Cr. ₹ 62.99 Cr. ₹ 28.00 Cr. [up: 111.86% YoY] [up: 141.25% YoY] [up: 21438.46% YoY] PAT EPS CASH GENERATION ₹ 20.36 Cr. ₹ 6.35 ₹ 39.26 Cr. [up: 6467.74% YoY] [up: 6250% YoY] [up: 168.90% YoY] 5
Slide 7: Abridged Profit & Loss – H1 FY22
Abridged Profit & Loss – H1 FY22 (₹ in Cr.) Particulars H1 FY22 H1 FY21 YoY% INCOME Total Income from Operations 418.34 197.46 111.86% EXPENSES - Cost of material consumed 284.50 126.78 124.40% - Employee benefit expenses 38.48 22.87 68.26% - Finance costs 17.44 12.80 36.25% - Depreciation and amort
Slide 8: Revenue Analysis Based On End User Application
Revenue Analysis Based On End User Application (₹ in Cr.) Applications Q2 FY 22 % Appliances & Consumer Durables 6.06 2.50% Special Purpose Motors 26.33 10.86% Industrial & Commercial Motors 46.32 19.10% Mining, Oil & Gas 8.60 3.55% Power Generation (Thermal, Hydro & Onsite DG sets) 36.48 15.04% Ren
Slide 9: Quantitative Data
Quantitative Data As on As on Capacity Available (Annualized) YoY (%) 30.09.2021 30.09.2020 Sheet Metal – Tons Per Annum 41,000 36,000 13.89% Machining – Hours Per Annum 3,70,000 2,90,800 27.23% Avg. Capacity Utilization % during the Quarter Q2 FY 22 Q2 FY 21 Sheet Metal 88.11% 60.52% Machining 83.8
Slide 10: Operational Highlights
Operational Highlights Sales in MT Q2 FY 22 Q2 FY 21 YoY (%) Loose Lamination 2,592 1526 69.85% Assembled & Value added 6,018 4,125 45.89% Total 8,610 5,651 52.36% Particulars Q2 FY22 Q2 FY21 Blended Sales Realization (₹ per metric ton) 2,81,332 2,38,808 Blended EBIDTA (₹ per metric ton) 40,695 42,5
Slide 11: Performance Over 3 Years
Performance Over 3 Years Revenue (₹ in Cr.) EBITDA (₹ in Cr.) PAT (₹ in Cr.) 300 40 15 35.04 12.95 242.51 30 10.09 200 24.03 10 144.92 20.68 135.37 7.01 20 100 5 10 0 0 0 Q2 20 Q2 21 Q2 22 Q2 20 Q2 21 Q2 22 Q2 20 Q2 21 Q2 22 Cash Generation(₹ in Cr.) EPS (₹) Book Value (₹) 30 5 100 23.06 4.04 4 79.7
Slide 12: Performance Over 3 Years
Performance Over 3 Years Net worth (₹ in Cr.) Total Assets (₹ in Cr.) DE Ratio 300 1000 2 255.58 788.90 202.50 208.27 800 1.36 662.44 1.19 1.20 200 602.25 600 1 400 100 200 0 0 0 H1 20 H1 21 H1 22 H1 20 H1 21 H1 22 H1 20 H1 21 H1 22 ROCE % (Annualized) ROE % (Annualized) Total Working Capital Days 2
Slide 13: Management Speaks
Management Speaks Shri Akshay S Pitti Vice Chairman & Managing Director The country has emerged from the pandemic more resilient than ever, and we see infrastructure investment by the Government and Private Sector CAPEX like never before. Consequently, I am delighted to report that the Company has r
Slide 14: For further information visit www.pitti.in
For further information visit www.pitti.in PITTI ENGINEERING LIMITED (Formerly Pitti Laminations Limited) Mr. N.K Khandelwal President Corporate Resources & CFO 6-3-648/401, 4th Floor, Padmaja Landmark, Email: nk.khandelwal@pitti.in Somajiguda Hyderabad 500082. Telangana, India. Ph: 91-40-23312770,