Anup Engineering Ltd. · NSE:ANUP
Anup Engineering — The Anup Engineering — Q4 FY2019 Earnings Presentation
17 slides from Anup Engineering's earnings presentation, May 20, 2019
Slide 1: Engineering Infinite Possibilities Investor Presentation
Engineering Infinite Possibilities Investor Presentation 20th May 2019 | Ahmedabad www.anupengg.com
Slide 2: Safe harbour statement
Safe harbour statement Certain statements contained in this document may be statements of future expectations and other forward looking statements that are based on management‘s current view and assumptions and involve known and unknown risks and uncertainties that could cause actual results, perfor
Slide 3: Strong FY2019 performance, targeting 30% growth in FY2020
Strong FY2019 performance, targeting 30% growth in FY2020 • Revenue growth of 10% for FY2019 – operating revenues (excluding trading income) stood at INR 221 cr for the year – H2 revenues were up 21%, while Q4 revenues were down to INR 66 crores as a result of contractual schedules • EBITDA margin g
Slide 4: Anup Engineering overview
Anup Engineering overview PRODUCTS • Shell and Tube Heat Exchangers • Pressure Vessals / Reactor/ Columns INDUSTRIES • Tailor Made Equipment • Oil & Gas • Centrifuge • Fertilizer • Technology Product - Helixchanger® • Power • Process / Chemical • Water GEOGRAPHIES • India • Middle East, South East A
Slide 5: Marquee customer list with multiple repeat buyers and long-standing relationships
Marquee customer list with multiple repeat buyers and long- standing relationships Longstanding Relationships going back to 10+ years Process Licensors EPC / LSTK / PMC Repeat Buys End Users Consistently for last 7 years 5
Slide 6: Product range
Product range Heat Exchangers Columns / Towers Reactors • Shell and Tube; Helical Baffle • Packed Column • High Thickness Pressure Vessels • Critical waste heat, RG boilers • Tray Column (upto 160mm) • Steam surface condensers • Clad Pressure Vessels Pressure Vessels Dished Ends, Expansion Centrifug
Slide 7: Engineering and manufacturing facilities
Engineering and manufacturing facilities Critical capabilities and credentials Versatile manufacturing facilities • 26 member design team with expertise in FEA, • 6 Heavy Fabrication and 4 Light Fabrication Bays Thermal Analysis, Vibration Analysis and 3D Modelling • Under the Hook Height : 17 M, Le
Slide 8: Anup is led by a thoroughly professional senior team
Anup is led by a thoroughly professional senior team Sanjay Lalbhai Punit Lalbhai Samvegbhai Lalbhai Non-executive Chairman Non Executive Director Non Executive Director • Chairman of Arvind Limited, • Executive Director of Arvind • Associated with ATIRA, ATMA, Arvind Fashions Limited, director Arvi
Slide 9: Anup's financial performance reflects its steadily growing strength
Anup’s financial performance reflects its steadily growing strength Consistent and rapid topline growth… …accompanied with robust margins EBITDA (Rs Crores) 15% 250 80 221 * 202 * 64 * 200 183 60 54 * 145 48 150 40 37 100 20 50 0 0 FY16 FY17 FY18 FY19 FY16 FY17 FY18 FY19 • Approvals from major globa
Slide 10: Revenue and EBITDA – Full year, H2 and Q4 views
Revenue and EBITDA – Full year, H2 and Q4 views FY H2 Q4 INR crores INR crores INR crores +9% +21% -20% 221.0 143.1 82.0 202.0 124.9 66.0 Revenues FY18 FY19 H2’18 H2’19 Q4FY18 Q4FY19 +21.4% +144.1% -30.0% 63.5 37.1 25.3 52.3 17.7 EBITDA 15.2 Q4FY18 Q4FY19 H2’18 H2’19 Q4FY18 Q4FY19 * Excluding tradin
Slide 11: Q4 & FY 2018-19 Performance
Q4 & FY 2018-19 Performance INR in Crs Particulars Q4 2018-19 Q4 2017-18 FY 2018-19 FY 2017-18 * Revenue from Sales 63.48 79.23 209.63 196.81 operations excluding Trading Other Operating Income 1.75 2.75 11.09 5.41 Income. The Actual *Revenue from Operations 65.23 81.98 220.72 202.22 Reported figure
Slide 12: Balance Sheet as of 31st March 2019 & 31st March 2018
Balance Sheet as of 31st March 2019 & 31st March 2018 INR in Crs Particulars March 31, 2019 March 31, 2018 Share Capital 10.2 10.2 Security Premium 204.8 204.8 Reserves 66.7 25.7 Net Worth 281.7 240.7 Non Current Liabilities 13.4 11.4 Current Liabilities 102.2 56.5 Total (A) 397.3 308.6 Net Fix. Ass
Slide 13: Anup opened FY2020 with a confirmed order-book of ~300 crores
Anup opened FY2020 with a confirmed order-book of ~300 crores as of April 1st 2019, as compared to 155 cr. in Apr 2018 # Equipment type Value (INR Lacs) 1 Heat Exchangers 26,217 2 Pressure Vessels 3,441 3 Towers & Reactors 72 4 Centrifuge & Spares 228 5 Dished Ends 22 Total 29,980 13
Slide 14: Capital expenditure program of over Rs. 150+ cr over next 3 years
With objective to achieve rapid revenue growth, Anup has embarked on capital expenditure program of over Rs. 150+ cr over next 3 years. Expansion at current Odhav facilities Kheda greenfield facility • Addition of new bays • 40 kms from present facility • 1.2 Lac Sq M facility area • Adjoining space
Slide 15: Strategic priorities
Strategic priorities ➢ Focus on end users in Global Market. ➢ Enhance visibility in market and enhance market reach • Continue Participation in International Exhibitions • Open up International Regional Office in Middle East and USA ➢ Explore M&A opportunities • To acquire technology • To acquire as
Slide 16: Appendix: Reported figures Profit and Loss statement: Q4 and FY2019
Appendix: Reported figures Profit and Loss statement : Q4 and FY2019 INR in Crs Particulars Q4 2018-19 Q4 2017-18 FY 2018-19 FY 2017-18 • Excluding Trading Income Sales 63.48 79.80 209.63 197.38 of ~42 cr in FY18, and ~22 Other Operating Income 1.75 2.18 11.09 4.85 Trading Income 0.40 21.56 22.28 41
Slide 17: THANK YOU...
THANK YOU... The Anup Engineering Limited B/H, 66 KV Electric Sub station, Odhav Road, Ahmedabad – 382415, Gujarat India 1717
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