Siemens Limited · NSE:SIEMENS
Siemens — H1 FY22 Earnings Presentation
24 slides from Siemens's earnings presentation, Jun 10, 2022
Slide 1: Siemens Limited filing cover letter to exchanges
SIEMENS 1oth June, 2022 National Stock Exchange of India Limited BSE Limited Scrip Code - National Stock Exchange of India Limited: SIEMENS EQ BSE Limited: 500550 Information pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201 5 ("Listing Regulations") Dear Sir/ M
Slide 2: Driving profitable growth
Driving profitable growth Siemens Limited H1 FY 22 Analyst Call Sunil Mathur, Managing Director and CEO Daniel Spindler, Executive Director and CFO 10th June, 2022 Unrestricted | © Siemens 2022 | 2022-06-10 | H1 FY 22 Analyst Call
Slide 3: Disclaimer
Disclaimer This presentation has been prepared solely for use at the investor/analyst presentation. By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: a) Siemens Ltd. (“Siemens” or “Company”) cannot giv
Slide 4: H1 FY 22 – Key Highlights
H1 FY 22 – Key Highlights Market momentum continues Orders up >60%, Revenue up 10% Stringent supply chain & cost management Double digit profitability & strong cash position Sustainability an integral part of Siemens Page 3 Unrestricted | © Siemens 2022 | 2022-06-10 | H1 FY 22 Analyst Call
Slide 5: Agenda
Agenda Business highlights Financial highlights Summary Page 4 Unrestricted | © Siemens 2022 | 2022-06-10 | H1 FY 22 Analyst Call
Slide 6: Market momentum continues | Headwinds remain
Market momentum continues | Headwinds remain Vertical trends Headwinds Generation Infrastructure Automotive Mainline Supply chain Delays in semiconductor components Inflation Transmission Data Center Pharma Metro Impact on raw material prices Interest rate Distribution Buildings Intralogistics e-Mob
Slide 7: Highest Order Backlog supported by solid growth in base business
Highest Order Backlog supported by solid growth in base business figures in billion INR, % y-o-y development +61.4% +65.3% +145.7% Highest Order +8.7% +9.3% +16.9% +4.9% -7.4% -17.8% Backlog ever at 171.7 53.0 53.4 43.4 Solid growth in -39.0% base business 32.2 32.1 33.1 33.8 29.3 28.3 17.7 Several
Slide 8: Market momentum combined with strong execution driving growth
Market momentum combined with strong execution driving growth +28% +37% +78% +391% • Growth in industrial • Private distribution utilities • Demand in Metals, • Pune Hinjewadi decarbonization solutions - revamping network Cement, Infrastructure Metro project WHR, biomass, Modernization & Upgrade • R
Slide 9: Good mix, large orders expanding project business
Good mix, large orders expanding project business % of New Orders Portfolio Mix Export & Domestic Government & Private Project Export Government Product and Service Domestic Private 17.7% 17.7% 14.3% 9.4% 29.0% 35.9% 82.3% 82.3% 85.8% 90.6% 71.0% 64.1% H1 FY 21 H1 FY 22 H1 FY 21 H1 FY 22 H1 FY 21 H1
Slide 10: Success across businesses accelerating growth
Success across businesses accelerating growth 400/11kV AIS substation for Data Center electrification with high Automating 1st indigenous greenfield Pune Hinjewadi, 1st PPP Metro, powering lift irrigation efficiency, reliability and safety Covid vaccine production in partnership with TATA 1st Indust
Slide 11: Continued interest in Digitalization
Continued interest in Digitalization SE + DI DI DI Securing Critical Warehouse Digital Twin of Infrastructure Digitalization Automotive Production Protecting one of India’s largest gas power Intralogistics company using simulation & Digital Twin of paint shop 2) reducing energy plants from cyber att
Slide 12: Siemens accelerating Sustainability approach through DEGREE
Globally, Siemens is accelerating Sustainability approach through DEGREE Decarbonization support the 1.5°C target to fight global warming Employability Ethics enable our people to stay resilient & relevant foster a culture of trust, adhere to ethical in a permanently changing environment standards a
Slide 13: Siemens India is committed to DEGREE, focused on creating lasting value
Siemens India is committed to DEGREE, focused on creating lasting value Decarbonization Ethics Governance Resource efficiency Equity Employability Electric Mobility Business Conduct Supplier Code of 7 MW Green Energy in Project Asha Dual VET Guidelines Conduct Kalwa and Aurangabad eCharging infrastr
Slide 14: Our intelligent and sustainable solutions support customers
Our intelligent and sustainable solutions support customers increase competitiveness and combat climate change Eco-design Transformers Grid Control Center High Efficiency Motors & Drives Electric Locomotives Using biodegradable ester fluids for Integrating grids for 3x efficiency reducing Propulsion
Slide 15: Agenda
Agenda Business highlights Financial highlights (Continuing Operations without Mechanical Drives business) Summary Page 14 Unrestricted | © Siemens 2022 | 2022-06-10 | H1 FY 22 Analyst Call
Slide 16: Strong performance despite challenging environment in Q2 FY 22
Strong performance despite challenging environment in Q2 FY 22 New Orders Revenue EBITDA (y-o-y) (y-o-y) (% of revenue) +61.4% +8.2% +12.5% Profit before Tax Profit after Tax Earnings per Share (% of revenue) (% of revenue) (in INR) +12.5% +9.2% ₹ 9.23 Page 15 Unrestricted | © Siemens 2022 | 2022-06
Slide 17: Strong business performance continues throughout H1 FY 22
Strong business performance continues throughout H1 FY 22 New Orders Revenue EBITDA (y-o-y) (y-o-y) (% of revenue) +63.3% +9.9% +11.5% Profit before Tax Profit after Tax Earnings per Share (% of revenue) (% of revenue) (in INR) +11.5% +8.5% ₹ 16.12 Page 16 Unrestricted | © Siemens 2022 | 2022-06-10
Slide 18: Second highest revenue in Q2 FY 22
Second highest revenue in Q2 FY 22 figures in billion INR % y-o-y development +15.2% + +8.2% -9.2% +29.6% Book-to-bill at 1.57 +11.8% +15.9% points towards uptick +131.3% -6.5% -23.1% in H2 FY 22 39.4 Large orders in SE 34.2 33.0 35.7 32.0 and MO with longer -60.8% 28.6 26.6 24.7 25.4 cycle times 11
Slide 19: Higher Book-to-bill in H1 FY 22
Higher Book-to-bill in H1 FY 22 x.xx Book-to-bill New Orders Revenue 1.70 3.83 DI MO 1.03 1.06 1.04 0.77 0.86 0.98 H1 H1 H1 H1 H1 H1 H1 H1 FY 19 FY 20 FY 21 FY 22 FY 19 FY 20 FY 21 FY 22 • Advance ordering by channel partners due to higher lead times • Large metro projects backlog • Supply chain del
Slide 20: Double digit profitability in Q1 and Q2 FY 22
Double digit profitability in Q1 and Q2 FY 22 figures in billion INR % y-o-y development +13.2% +13.4% +12.5% +10.9% Operational margin +12.6% +13.0% +10.4% stable +8.6% Better price extraction +8.6% +4.5 +4.4 +4.3 +4.5 +3.2 +3.6 +3.3 Discretionary spending +2.2 +2.3 maintained -0.1% 0.0 Q1 Q2 Q3 Q4
Slide 21: Strong Performance in H1 FY 22 across all Businesses
Strong Performance in H1 FY 22 across all Businesses New Orders Revenue xx.x% EBITDA to revenue +28% +37% +4% 29.6 +13% 26.9 23.1 21.7 22.6 19.6 18.4 20.8 +16.1% +14.1% +9.1% +11.1% H1 FY 21 H1 FY 22 H1 FY 21 H1 FY 22 H1 FY 21 H1 FY 22 H1 FY 21 H1 FY 22 +78% +391% +7% 27.4 20.3 +26% 15.0 16.1 15.4 5
Slide 22: Agenda
Agenda Business highlights Financial highlights Summary Page 21 Unrestricted | © Siemens 2022 | 2022-06-10 | H1 FY 22 Analyst Call
Slide 23: Siemens is well positioned for profitable growth
Siemens is well positioned for profitable growth Market uptick expected to continue Strong growth in short cycle business and high-volume project business Continued interest in Digitalization Stringent supply chain & cost management Maintain high profitability & strong cash position Sustainability a
Slide 24: Thank you
Thank you Q A Page 23 Unrestricted | © Siemens 2022 | 2022-06-10 | H1 FY 22 Analyst Call