Man Industries (india) Limited · NSE:MANINDS
Man Industries (india) — Q4 FY2021 Earnings Presentation
27 slides from Man Industries (india)'s earnings presentation, Jun 1, 2021
Slide 1: Regulation 30 Announcement Cover Letter
an ISO 9001 / 14001 / 18001 accredited company 0) MA N www. mangroup.com ae CIN NO. - L99999MH1988PLC047408 Industries (India) Ltd the line pipe people June 01, 2021 To, To, BSE Limited National Stock Exchange of India Ltd. 1 oor, New Trading Ring, Exchange Plaza, 5‘ Floor, Rotunda Building, Plot No
Slide 2: Man Industries (India) Ltd. Q4 & FY21 Investor Presentation
Man Industries (India) Ltd. Oil Gas Water Q4 & FY21 Investor Presentation
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Man Industries India 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 s
Slide 4: Table of Content
Table of Content 1. Q4 and FY21 Highlights 2. New Era Of Growth 3. Industry Opportunities 4. Company Overview 5. Historical Financial Highlights 3
Slide 5: Q4 and FY21 Highlights
Q4 and FY21 Highlights
Slide 6: Financial Highlights - FY21
Financial Highlights - FY21 19% 28% 82% Total Income EBITDA* PAT Rs. 21,110 Mn Rs. 2,358 Mn Rs. 1,009 Mn 78bps 165bps EBITDA Margin PAT Margin 11.2 % 4.8% *EBITDA Including other income 5
Slide 7: Financial Highlights - FY21
Financial Highlights - FY21 464bps 521bps ROE at 12.1% vs 7.4% RoCE at 21.6% vs 16.4% in FY20 in FY20 ~Rs. 18,000 mn >Rs. 1,20,000 mn 0.33 Order Book as on 31st Bid Book as on 31st Debt to Equity March 2021 March 2021 6
Slide 8: Consolidated Profit & Loss Statement – Q4 and FY21
Consolidated Profit & Loss Statement – Q4 and FY21 Particulars (INR Mn) Q4 FY21 Q4 FY20 % Change FY21 FY20 % Change Revenue from Operations 5,401 6,816 20,802 17,593 Other Income 172 (108) 308 166 Total Income 5,573 6,709 (16.9%) 21,110 17,758 18.9% Gross Profit 2,297 1,644 7,068 5,127 Gross Margin
Slide 9: Consolidated Balance Sheet as on 31st March 2021
Consolidated Balance Sheet as on 31st March 2021 (Rs Mn) Mar-21 Mar-20 (Rs Mn) Mar-21 Mar-20 Share Capital 286 286 Fixed Assets incl. CWIP 3,376 3,719 Other Equity 8,063 7,178 Non-Current Investment 1,023 1,023 Shareholders' Funds 8,349 7,464 Trade Receivables 252 511 Borrowings 20 153 Other Financi
Slide 10: New Era of Growth
New Era of Growth
Slide 11: Strengthening the Board & Leadership Team
Strengthening the Board & Leadership Team • Mr. Ramesh C Manshukhani, Group Chairman with 40+ years of experience Continued Strong Leadership • Driving force behind success of the Man Group through setting up new manufacturing facilities with latest technologies • Mr. Nikhil Mansukhani, Executive Di
Slide 12: Continued Focus on Corporate Governance
Continued Focus on Corporate Governance Divestment of noncore business activity • The Board of Directors have approved disinvestment of equity in the subsidiary Merino Shelter Pvt. Ltd, which is engaged in real estate development • Proceeds to be used for capex plans for enhancing product range and
Slide 13: Leveraging Existing Capacity to Drive Growth
Leveraging Existing Capacity to Drive Growth Current Capacity Total available capacity 1 million MTPA HSAW Pipe Optimize utilization to generate higher revenue from 5,00,000 current setup Focus on higher ticket size projects for better utilization and reduced wastage LSAW Pipe 5,00,000 Debottlenecki
Slide 14: Entering New Product Offering
Entering New Product Offering ERW Steel Pipes Steel Bends • 6” to 18” diameter size (API grade) • Size range of 18” nominal bore to 48” nominal bore • To Serve the hydro-carbon and CGD sector • Volume - ~400 - ~500 bends annually • New line to be installed at existing facility at Anjar, • To be inst
Slide 15: Industry Opportunities
Industry Opportunities
Slide 16: Strong Demand Growth from Global Oil & Gas Sector
Strong Demand Growth from Global Oil & Gas Sector • Global demand for steel pipes and tubes to increase at CAGR of 6.2 % from 142.4 USD in 2014 to 230.4 USD in 2027 • Oil & Gas sector largest consumer of steel pipes • Increase in spending for exploration and distribution of oil and gas will lead thi
Slide 17: Supported by Domestic Gas Infra Push
Supported by Domestic Gas Infra Push National Gas Grid City Gas Distribution • Govt plans to increase share of natural gas in the energy mix to increase to 15% by 2030 from 6% • CGD market to grow at 10% CAGR over next 10 now years • Plans to take CGD network to 1,74,000-inch km in • Announced the e
Slide 18: And Rising Opportunities in Water Infra
And Rising Opportunities in Water Infra Govt’s Initiatives Jal Jeevan Mission National River Linking Scheme Fig in Rs. crore Fig in Rs. crore 3,50,000 5,60,000 1,40,000 1,12,000 Total Planned Large diameter Total Planned Large diameter Outlay pipes share Outlay pipes share • Union Budget 2021 - 22 h
Slide 19: Company Overview
Company Overview
Slide 20: Among Leading Manufacturer of Large Diameter Pipes
Among Leading Manufacturer of Large Diameter Pipes LSAW, HSAW, 25+ years in Coating products 1 Million+ MT pipe industry used in O&G, water installed capacity Approved 2 state of art Vendor for domestic 13,000+ KM pipe supplied since manufacturing facility & international oil & inception gas majors
Slide 21: Offering Specialized Products through State-of-art Facility
Offering Specialized Products through State-of-art Facility Anjar, Gujarat Pithampur, Madhya Pradesh • Easy and fast access to Kandla & Mudra • Close to national highway, saving logistic port to cater to International market cost • Close proximity to rail and national • Strategically located to cate
Slide 22: Approved Vendor for all Oil & Gas Majors Worldwide
Approved Vendor for all Oil & Gas Majors Worldwide International Clients Domestic Clients Strong and Long-term client relationship built on quality and timely execution 21
Slide 23: Corporate Social Responsibility
Corporate Social Responsibility ➢ MIIL fulfils its socio-economic goals by partnering with various NGO’s, groups or directly ➢ Company has increased its CSR spending by allocating special funds for the needs during the COVID -19 pandemic Key Focus area of CSR activities Key Initiatives • Employabili
Slide 24: Historical Financial Performance
Historical Financial Performance
Slide 25: Annual Profit & Loss Highlights
Annual Profit & Loss Highlights Total Income Rs. Mn Gross Profit (Rs. Mn)/Gross Profit Margin (%) 30,000 8,000 33.5% 40% 22,424 21,110 22,500 7,000 27.3% 28.9% 35% 16,643 17,758 6,000 24.3% 7,068 30% 5,000 25% 15,000 5,454 5,127 4,000 4,552 20% 3,000 15% 7,500 2,000 10% 1,000 5% 0 0 0% FY18 FY19 FY2
Slide 26: Key Financial Ratios
Key Financial Ratios Return on Capital Employed (%) Dividend Payout (%) 22% 18% 19% 15% 16% 13% 10% 11% FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 Debt to Equity Book Value Per Share (Rs.) 0.4 146 123 131 0.3 0.3 0.3 114 FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 RoCE – EBIT/Capital employed (Total assets
Slide 27: Thank You
THANK YOU Man Industries (India) Ltd. Pareto Capital (Investor relations advisor) Mr. Mahantesh M, Manager IR Ms. Pooja Dokania/ Smit Shah mahantesh.m@maninds.org pooja.dokania@paretocapital.in/ Man House, 101, S.V. Road, Vile Parle (W), smit.shah@paretocapital.in Mumbai. B/ 210, Kanakia Wall Street
Man Industries (India) — Q4 FY2021 Earnings Presentation on 6ix