Ramkrishna Forgings Ltd · NSE:RKFORGE
Ramkrishna Forgings — Q2 FY22 Earnings Presentation
25 slides from Ramkrishna Forgings's earnings presentation, Oct 11, 2021
Slide 1: Cover letter to stock exchanges
RAMERISHNA FORGINGS LIMITED Date: 11% October 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: 53252
Slide 2: Result Update Presentation – Q2 & H1 FY22
Ramkrishna Forgings Limited Result Update Presentation – Q2 & H1 FY22
Slide 3: Safe Harbour
Safe Harbour THIS PRESENTATION (IS NOT AN OFFER TO SELL ANY SECURITIES OR A SOLICITATION TO BUY ANY SECURITIES OF RAMKRISHNA FORGINGS LIMITED (THE “COMPANY”) OR ITS SUBSIDIARIES (TOGETHER WITH THE COMPANY, THE “GROUP’) The material that follows is a Presentation of general background information abo
Slide 4: Standalone Quarterly Highlights – Q2 FY22
Standalone Quarterly Highlights – Q2 FY22
Slide 5: Financial Results at Glance
Financial Results at Glance 187100 T 9900 T 28,279 T Installed Capacity Added 2000 T warm Forging Sales Volume (Q2 FY22) Press Line 81.87 % YoY increase Rs. 57,893.59 Lakhs Rs. 13,917.94 Lakhs 24.04% Rs. 5,011.20 Lakhs Revenue from Operations – EBITDA (excl. other Income)- EBITDA Margin (excl. other
Slide 6: Chairman Comments
Chairman Comments Commenting on the results and performance, Mr. Mahabir Prasad Jalan, Chairman said: The Company has achieved a turnover of Rs 57,893.59 Lakhs in Q2FY22 in comparison to Rs 25,247.13 Lakhs in Q2FY21 registering an increase of 129.31% YoY and Rs 99,607.12 Lakhs in H1FY22 in compariso
Slide 7: Managing Director Comments
Managing Director Comments Commenting on the results and performance, Mr. Naresh Jalan, Managing Director said: Our company has reported strong results across various business parameters. During the quarter we managed to win contracts across all business segments and entered new geographies thus gai
Slide 8: Key Highlights – H1 FY22
Key Highlights – H1 FY22 Received contracts worth ~Rs. 620 Crores from 8 contracts during the quarter from various geographies 01 and business verticals Credit ratings • ICRA Limited : ICRA A (Stable)/ ICRA A1 02 • India Ratings & Research assigns IND A & IND A1; Stable Outlook Installed capacity re
Slide 9: Financial Highlights - Quarter
Standalone Financial Highlights - Quarter (In Rs. Lakhs) Revenue from Operations EBITDA PAT Margins 18.05% 22.85% 24.04% Margins 0.82% 5.90% 8.66% 57,893.59 13,917.94 5,011.20 41,713.53 9,531.91 2,461.29 25,247.13 4,557.84 207.30 Q2 FY21 Q1 FY22 Q2 FY22 Q2 FY21 Q1 FY22 Q2 FY22 Q2 FY21 Q1 FY22 Q2 FY2
Slide 10: Financial Highlights – Half Yearly
Standalone Financial Highlights – Half Yearly (In Rs. Lakhs) Revenue from Operations EBITDA PAT Margins 11.97% 23.54% Margins -6.62% 7.50% 23,449.85 7,472.49 99,607.12 36,832.00 4,408.46 -2,439.89 H1 FY21 H1 FY22 H1 FY21 H1 FY22 H1 FY21 H1 FY22 Note: 1. Revenue from operations excludes other income
Slide 11: P&L - Quarter
Standalone P&L - Quarter Profit and Loss (in Rs. Lakhs) Q2FY22 Q2FY21 YoY Q1FY22 QoQ H1FY22 H1FY21 YoY Revenue from Operations 57,893.59 25,247.13 129.31% 41,713.53 38.79% 99,607.12 36,832.00 170.44% Cost of Goods Solds 26,116.60 12,291.78 16,209.00 42,325.60 17,805.16 Gross Profit 31,776.99 12,955.
Slide 12: Balance Sheet
Standalone Balance Sheet Assets (in Rs. Lakhs) Sep-21 Mar-21* Equity & Liabilities (in Rs. Lakhs) Sep-21 Mar-21 Non - Current Assets 1,64,198.52 1,55,584.60 Total Equity 96,377.88 88,996.77 Property Plant & Equipments 1,45,662.45 1,22,182.99 CWIP 11,195.36 27,201.80 Share Capital 3,197.79 3,193.27 I
Slide 13: Cashflow Statement
Standalone Cashflow Statement Particulars (Rs. Lakhs) Sep-21 Mar-21* Net Profit Before Tax 11,644.89 4,147.98 Adjustments for: Non -Cash Items / Other Investment or Financial Items 10,709.44 18,453.42 Operating profit before working capital changes 22,354.33 22,601.40 Changes in working capital -21,
Slide 14: Key Operational Matrix
Key Operational Matrix Revenue Mix – Q2FY22 Total Sales Volume Break-up (In tons) 0.40% Particulars Q2FY22 Q2FY21 YoY Q1FY22 QoQ H1FY22 H1FY21 YoY 12.50% 18.69% Domestic Markets 16,349 9,620 69.95% 11,684 39.92% 28,033 13,020 115.31% Export Markets 11,930 5,929 101.22% 10,221 16.72% 22,152 9,163 141
Slide 15: Export Revenue Break-up - Quarter
Export Revenue Break-up - Quarter Export Revenue Geography wise Exports (In Rs. Cr) Q2 FY21 Q1 FY22 Q2 FY22 0.90% 0.90% 28,673.78 1.25% 22,248.41 28.30 25.80 28.76 % 70.80 % 73.33 % % % 11,390.78 70.00 % Q2 FY21 Q1 FY22 Q2 FY22 North America Europe Others H1 FY21 H1 FY22 50,698.79 1.03% 0.90% 27.96
Slide 16: Manufacturing Capacity and Utilization - Quarter
Manufacturing Capacity and Utilization - Quarter Q2 FY22 Q1 FY22 Q4 FY21 Q3 FY21 Q2 FY21 Q1 FY21 Installed Particulars Capacity Production Utilization Production Utilization Production Utilization Production Utilization Production Utilization Production Utilization (MT) (%) (MT) (%) (MT) (%) (MT) (%
Slide 17: Historical Financial Highlights - Annual
Historical Financial Highlights - Annual
Slide 18: Historical Financial Highlights - Annual
Standalone Historical Financial Highlights - Annual (In Rs. Lakhs) Revenue from Operations EBITDA PAT Margins Margins 21.01% 18.32% 17.85% 6.60% 0.86% 2.17% 1,80,668.73 37,949.99 11,931.08 1,28,837.52 1,11,182.02 22,992.51 20,371.56 2,795.53 961.44 FY19 FY20* FY21** FY19 FY20* FY21** FY19 FY20* FY21
Slide 19: Key Ratios
Key Ratios Net Borrowings (In Rs. Lakhs) ROCE (%) 1,07,013.00 14.90% 94,880.00 87,902.00 4.90% 6.00% FY19 FY20* FY21** FY19 FY20* FY21** ROE (%) Debt to Equity (x) 13.67% 1.25 0.91 0.96 3.14% 1.10% FY19 FY20* FY21** FY19 FY20* FY21** * - FY20 Performance impacted due to economic slowdown leading to
Slide 20: P&L - Annual
Standalone P&L - Annual Profit and Loss (in Rs. Lakhs.) FY21** FY20* FY19 Revenue from Operations 1,28,837.52 1,11,182.02 1,80,668.73 Cost of Goods Sold 64,546.66 50,672.92 92,650.02 Gross Profit 64,290.86 60,509.10 88,018.71 Gross Profit Margin 49.90% 54.42% 48.72% Employee Cost 9,037.03 9,424.07 9
Slide 21: Balance Sheet
Standalone Balance Sheet Assets (in Rs. Lakhs) Mar-21** Mar-20* Mar-19 Equity & Liabilities (in Rs. Lakhs) Mar-21** Mar-20* Mar-19 Non - Current Assets 1,55,584.60 1,44,502.04 1,30,843.47 Total Equity 88,996.77 87,642.72 87,290.18 Property Plant & Equipment's 1,22,182.99 1,15,731.81 1,10,486.26 Shar
Slide 22: Cashflow Statement - Annual
Standalone Cashflow Statement - Annual Particulars (Rs. Lakhs) FY21** FY20* FY19 Net Profit Before Tax 4,147.98 1,441.50 18,243.81 Adjustments for: Non -Cash Items / Other Investment or Financial Items 18,453.42 17,667.45 18,021.88 Operating profit before working capital changes 22,601.40 19,108.95
Slide 23: Conference Call Details
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Slide 24: Q2 FY22 Earnings Call
Conference Call Details Q2 FY22 Earnings Call Scheduled on: Monday, October 11, 2021 at 16:45 Hours India Time Pre-Registration Link:
Slide 25: 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. Jigar Kavaiya Executive Director & CFO E: jigar.kavaiya@sgapl.net E: lalit.khetan@ramkrishnaforg