Ramkrishna Forgings Ltd · NSE:RKFORGE
Ramkrishna Forgings — Q1 FY22 Earnings Presentation
23 slides from Ramkrishna Forgings's earnings presentation, Jul 26, 2021
Slide 1: Investor Presentation cover letter to stock exchanges
RAMERISHNA FORGINGS LIMITED Date: 26% July 2021 The Listing Department The Listing Department Bombay Stock Exchange National Stock Exchange of India Limited P] Towers “Exchange Plaza” C-1, Block G Dalal Street Bandra- Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai- 400051 BSE SCRIP CODE: 532527 N
Slide 2: Result Update Presentation – Q1 FY22
Ramkrishna Forgings Limited Result Update Presentation – Q1 FY22
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Ramkrishna Forgings 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
Slide 4: Standalone Quarterly Highlights – Q1 FY22
Standalone Quarterly Highlights – Q1 FY22
Slide 5: Q1 FY22 at Glance
Q1 FY22 at Glance 177,200 T 17,000 T 21,905 T Installed Capacity 18.1 % Added 7000T Press Line Sales Volume YoY increase 230.2 % YoY increase Rs. 412.86 Cr Rs. 95.32 Cr 23.09% Rs. 24.61 Cr Revenue from Operations (Rs.) EBITDA (excl. other Income)(Rs.) EBITDA Margin PAT (Rs.) 256.4 % YoY increase -1.
Slide 6: Chairman Comments – Q1 FY22
Chairman Comments – Q1 FY22 Commenting on the results and performance, Mr. Mahabir Prasad Jalan, Chairman said: The Company has achieved a turnover of Rs 412.86 Crores in Q1FY22 in comparison to Rs 115.85 Crores in Q1FY21 registering an increase of 256.4% YOY. The Company has achieved an Export turn
Slide 7: Managing Director Comments – Q1 FY22
Managing Director Comments – Q1 FY22 Commenting on the results and performance, Mr. Naresh Jalan, Managing Director said: Our performance has been in line with our expectations given the overall impact of 2nd wave COVID-19 and resultant restrictions. However, in Domestic CV market our performance wa
Slide 8: Key Highlights
Key Highlights Received PPAP clearance (Parts Production Approval Process) and confirmation to launch order worth EUR 15 01 million from a European OEM. The order is to be implemented over the period of 3 years distributed equally. Restarted our sales to South America Markets (S.A.) as S.A. shows re
Slide 9: Industry Update
Industry Update PLI Scheme PLI scheme to boost growth – Rs. 57,042 crore (USD 7.81 billion) laid out for automobiles & auto components sector in Production Linked Incentive (PLI) scheme under the Department of Heavy Industries In post COVID scenario, the consumer is likely to be a shift away from sh
Slide 10: Standalone Financial Highlights - Quarter
Standalone Financial Highlights - Quarter (In Rs. Cr) Revenue from Operations EBITDA PAT Margins -1.3% 20.8% 23.1% Margins -22.9% 6.9% 6.0% 35.68 517.88 107.67 95.32 24.61 412.86 115.85 -1.49 -26.47 Q1 FY21 Q4 FY21 Q1 FY22 Q1 FY21 Q4 FY21 Q1 FY22 Q1 FY21 Q4 FY21 Q1 FY22 Note: 1. Revenue from operati
Slide 11: Standalone P&L - Quarter
Standalone P&L - Quarter Profit and Loss (in Rs. Crs.) Q1FY22 Q1FY21 YoY Q4FY21 QoQ Revenue from Operations 412.86 115.85 256.4% 517.88 -20.3% Cost of Goods Sold 162.09 55.13 263.73 Gross Profit 250.77 60.71 313.0% 254.15 -1.3% Gross Profit Margin 60.7% 52.4% 49.1% Employee Cost 31.51 21.18 23.79 Po
Slide 12: Key Operational Matrix
Key Operational Matrix Revenue Mix – Q1FY22 Total Sales Volume Break-up (In tons) Particulars Q1 FY22 Q4 FY21 Q-o-Q Q1 FY21 Y-o-Y FY21 FY20 Y-o-Y 1% Domestic Markets 11,684 21,217 -44.9% 3,400 243.6% 51,603 43,047 19.9% 14% Export Markets 10,221 9,693 5.4% 3,234 216.0% 26,977 22,955 17.5% Total 21,9
Slide 13: Export Revenue Break-up - Quarter
Export Revenue Break-up - Quarter (In Rs. Cr) Export Revenue Geography wise Exports Q4 FY21 Q1 FY22 Q1 FY21 218.23 189.79 5% 4% 3% 20% 20% 27% 66.15 75% 71% 76% Q1 FY21 Q4 FY21 Q1 FY22 North America Europe Others 12
Slide 14: Manufacturing Capacity and Utilization - Quarter
Manufacturing Capacity and Utilization - Quarter Q1 FY22 Q4 FY21 Q3 FY21 Q2 FY21 Q1 FY21 Q4 FY20 Installed Particulars Capacity Production Utilization Production Utilization Production Utilization Production Utilization Production Utilization Production Utilization (MT) (%) (MT) (%) (MT) (%) (MT) (%
Slide 15: Historical Financial Highlights - Annual
Historical Financial Highlights - Annual
Slide 16: Standalone Historical Financial Highlights - Annual
Standalone Historical Financial Highlights - Annual (In Rs. Cr) Revenue from Operations EBITDA PAT Margins Margins 17.9% 19.8% 21.0% 18.3% 17.8% 1.2 % 6.6% 6.6% 0.9% 2.2% 379.50 1,806.7 119.31 1,435.5 284.24 94.66 1,288.38 1,111.8 229.93 203.72 880.9 157.82 27.96 10.92 9.61 FY17 FY18 FY19 FY20* FY21
Slide 17: Key Ratios
Key Ratios Net Borrowings (In Rs. Cr) ROCE (%) 1,070.13 14.9% 934.44 948.80 822.83 879.02 12.9% 6.5% 6.0% 4.9% FY17 FY18 FY19 FY20* FY21** FY17 FY18 FY19 FY20* FY21** ROE (%) Debt to Equity (x) 13.7% 12.5% 1.99 1.08 1.08 1.20 1.01 2.3% 3.1% 1.1% FY17 FY18 FY19 FY20* FY21** FY17 FY18 FY19 FY20* FY21*
Slide 18: Standalone P&L - Annual
Standalone P&L - Annual Profit and Loss (in Rs. Crs.) FY21** FY20* FY19 FY18 FY17 Revenue from Operations 1,288.38 1,111.82 1,806.69 1,435.47 880.91 Cost of Goods Sold 645.47 506.73 926.50 713.78 367.94 Gross Profit 642.91 605.09 880.19 721.69 512.97 Gross Profit Margin 49.9% 54.4% 48.7% 50.3% 58.2%
Slide 19: Standalone Balance Sheet
Standalone Balance Sheet Assets (in Rs. Crs.) Mar-21** Mar-20* Mar-19 Mar-18 Mar-17 Equity & Liabilities (in Rs. Crs.) Mar-21** Mar-20* Mar-19 Mar-18 Mar-17 Non - Current Assets 1,555.85 1,445.02 1,308.43 1,163.71 1,117.74 Total Equity 889.97 876.43 872.90 759.18 469.55 Property Plant & Equipments 1
Slide 20: Standalone Cashflow Statement - Annual
Standalone Cashflow Statement - Annual Particulars (Rs. Crs) FY21** FY20* FY19 FY18 FY17 Net Profit Before Tax 41.48 14.42 182.44 134.21 16.27 Adjustments for: Non -Cash Items / Other Investment or Financial Items 184.53 176.67 180.22 153.02 141.24 Operating profit before working capital changes 226
Slide 21: Conference Call Details
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Slide 22: Q1 FY22 Earnings Call
Conference Call Details Q1 FY22 Earnings Call Scheduled on: Monday, July 26, 2021 at 16:00 Hours India Time Pre-Registration Link:
Slide 23: Contact Information
Contact Information Company : Investor Relations Advisor : Ramkrishna Forgings Limited Strategic Growth Advisors Pvt. Ltd. CIN: L74210WB1981PLC034281 CIN: U74140MH2010PTC204285 Mr. Lalit Kumar Khetan Mr. Kunal Bhoite / Mr. Jigar Kavaiya Executive Director & CFO E: kunal.bhoite@sgapl.net / jigar.kava