Pennar Industries Limited · NSE:PENIND
Pennar Industries — Q4 FY2013 Earnings Presentation
20 slides from Pennar Industries's earnings presentation, 2013
Slide 1: Pennar Industries Limited Investor Presentation Q4FY13 and FY13
Pennar Industries Limited Engineering Excellence Investor Presentation Q4FY13 and FY13 1
Slide 2: Disclaimer
Disclaimer This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Pennar Industries Limited and its subsidiary companies (“Pennar”) future
Slide 3: Agenda
Agenda 1. Business Structure, Holdings 4 2. Platform for Engineering Excellence 5 3. Business Overview 6 4. Business Verticals Overview 10 5. Leadership Team and Management 16 6. Financial and Operational Overview 17 7. Financial Highlights for Q4FY13 & FY13 18 8. Key Takeaways 19 3
Slide 4: Business Structure, Holdings
Business Structure, Holdings Shareholding Pattern (March 31, 2013) Market Cap: Rs. 3,051 million; 122 million shares www.pennarindia.com www.pebspennar.in www.pennarenviro.com Note: 1 Market cap as of March 31, 2013 4
Slide 5: Platform for Engineering Excellence
Platform for Engineering Excellence Diversified Business Strong Manufacturing Capabilities Blue Chip Customer Base Robust Financial Performance o Pennar Industries business is o First IGBC green factory o Over 600 customers existing o 5-yr net sales growth CAGR of 15% organized in four business rati
Slide 6: Business Overview: Diversified Product Portfolio
Business Overview Diversified Product Portfolio Steel Products Tubes Industrial components Systems and Projects Pre-Engineered Buildings o Narrow and special o Precision tubes o Pressed steel precision o Systems for rail wagons o Pre-engineered building grade cold rolled strips o CDW/ERW Tubes compo
Slide 7: Business Overview: Robust growth in Projects & Systems and PEBS
Business Overview Robust growth in Projects & Systems and Pre-Engineered Building Systems FY2013 EBITDA By Vertical (Rs. million) FY2013 EBITDA Margin (%) Pre- Engineered Tubes 7.3% Steel Buildings Products Rs. 355 Rs. 384 30% 33% Steel Products 7.9% Pre-Engineered Buildings 12.4% Systems and Tubes
Slide 8: Business Overview: Strong Manufacturing Capabilities
Business Overview Strong Manufacturing Capabilities Plans to set up a 30,000 MT pre-engineering buildings plant in Gujarat Pursue business in Europe and Africa Tarapur Steel products Patancheru Steel Products Industrial components Isnapur Steel Products Hosur Tubes Tubes Industrial Components Indust
Slide 9: Blue Chip Customer Base
Business Overview Blue Chip Customer Base Steel Products Tubes Industrial Components Automotive Systems and Projects Pre-Engineered Buildings Pennar Enviro No Single Customer Accounts for Over 7% of FY2013 Revenues 9
Slide 10: Business Vertical – Steel Products
Business Vertical – Steel Products Leading Provider of Steel Solutions Product Profile Key Assets Panels and Profiles Road Safety Systems o Ability to mass produce complex profiles for industrial and infrastructure sectors Sheet Piles o Special grades and niche application support o Standard product
Slide 11: Business Vertical – Tubes
Business Vertical – Tubes 67% growth in business as compared with 2012 Product Profile Key Assets o Commissioned ERW + CDW Manufacturing hub in Hyderabad o Service centres established in Chennai and Hosur o Product development and engineering team for application and custom development o Approved pr
Slide 12: Business Vertical – Industrial Components
Business Vertical – Industrial Components Wide Range of offerings in Sheet Metal Processing Technology and Products Product Profile Key Assets Break Drum Metal Stamped Rotor o In-house tool development and manufacturing o Diversity in customer segments (Automotive, White Goods and Industrial) o Two
Slide 13: Business Vertical – Systems & Projects
Business Vertical – Systems & Projects Solutions for Railways, Solar and other emerging industries Solutions Profile Rail Coaches Rail Wagons o In-house Tool Development and Manufacturing o One stop shop for engineering, manufacturing, project management,, supply and erection of PV structures for th
Slide 14: Subsidiary – Pre-Engineered Building Systems (PEBS)
Subsidiary – Pre-Engineered Building Systems (PEBS) PE firm Zephyr Peacock invests Rs 50 crores in Q4FY13 Product Profile Key Developments o Increased capacity to 90,000 MT o Exported its products to Tanzania, Angola and Zambia in o Offers Africa premium o Expanded into cold roll formed buildings fe
Slide 15: Subsidiary – Pennar Enviro
Subsidiary – Pennar Enviro Reengineering water, environment & energy Product Profile Key Developments o Provide EPC turnkey solutions in the field of water and waste water treatment viz. WTPs, STPs, ETPs, ERPs, ZLDPs o Manufacture and supply of fuel additive and water treatment chemicals o Technical
Slide 16: Leadership Team; Management
Leadership Team; Management Leadership Team Nrupender Rao Aditya N. Rao Suhas Baxi P. V. Rao Shreepad Purkar Executive Chairman Executive Vice Chairman President and CEO Executive Director President and CEO Pennar Group Pennar Group Pennar Industries PEBS Pennar Pennar Enviro Management Team with ri
Slide 17: Financial Overview
Financial Overview Operating Metrics 3,200 40% 3,000 30% Rs. million 2,800 20% 2,600 10% 2,400 2,200 0% Q1 FY2013 Q2 FY2013 Q3 FY2013 Q4 FY2013 Net Revenues Gross Magins (%) EBITDA margins (%) Net Profit margins (%) Cash Conversion Cycle Return on Capital Employed 100 Efficient working 40.0% Average
Slide 18: Financial Highlights for Q4FY13 & FY13
Financial Highlights for Q4FY13 & FY13 Financial Performance Q4 y-o-y Q3 q-o-q y-o-y (Rs. Crore) FY2013 FY2012 Growth (%) FY2013 Growth (%) FY2013 FY2012 Growth (%) Gross Sales 345.9 408.3 (15.3)% 300.4 15.2% 1,274.4 1,381.5 (7.8)% Net Sales 305.1 358.9 (15.0)% 265.8 14.8% 1,115.1 1,218.6 (8.5)% EBI
Slide 19: Key Takeaways
Key Takeaways Four Verticals for driving growth : Steel Products, Tubes, Industrial PEBS efforts in Components and Systems & expanding solar, cold Multi Location Projects form buildings, high- manufacturing and rise buildings sectors lean processes Strong balance sheet Pennar Enviro establishing bas
Slide 20: Pennar Industries Limited Contact Details
Contact Details: Pennar Industries Limited Floor: -1, DHFLVC Silicon Towers Kondapur, Hyderabad - 500 084, Andhra Pradesh Ravi Rajgopal +91 8445 242 184 – 93 Pennar Industries ravirajgopal@pennarindia.com Engineering Excellence