Mangalam Worldwide Ltd. · NSE:MWL
Mangalam Worldwide — Q1 FY2025 Earnings Presentation
41 slides from Mangalam Worldwide's earnings presentation, Sep 23, 2024
Slide 1: Exchange filing cover letter for Q1 FY2025 investor presentation
Trusted Services Since 1942 MWL/CS/NSE/2024-25/39 Date: September 23, 2024 To, Listing Compliance Department, National Stock Exchange of India Limited Exchange Plaza, C-1, Block-G, Bandra Kurla Complex, Bandra, Mumbai-400 051, Maharashtra. Company Symbol: MWL (EQ), ISIN: INE0JYY01011 Subject: Q1 FY2
Slide 2: Mangalam Worldwide Limited Q1 FY25 Investor Presentation
Mangalam Worldwide Limited Q1 FY25 Investor Presentation
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Mangalam Worldwide Limited (MWL, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shal
Slide 4: Participated in Stainless Steel World Expo & Conference Maastricht
I Participated In Stainless Steel World Expo & Conference Maastricht, Netherlands al �usted5e,vkesS;ace194l Participated in the exhibition as a ‘Silver Sponsor’ and received a phenomenal response during the exhibition. MANGALAM WORLDWIDE LIMITED 3
Slide 5: Participated in Global Stainless Steel Expo 2023 - Mumbai
Participated In Global Stainless Steel Expo 2023 - Mumbai, India Hosted over 150 exhibitors and welcomed approximately 10,000 business visitors from diverse sectors such as chemicals, oil and gas, food, pharmaceuticals, machinery and more. MANGALAM WORLDWIDE LIMITED 4
Slide 6: Q1 FY25 Financial Highlights
Q1 FY25 Financial Highlights
Slide 7: Q1 FY25 Consolidated Key Financial Highlights
Q1 FY25 Consolidated Key Financial Highlights Total Income EBITDA EBITDA Margin PAT PAT Margin 230.21 12.88 6.01 7.22 202.16 2.47 5.60 2.61 3.57 1.22 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 All Figures In ₹ Cr & Margin In % MANGALAM WORLDWIDE LIMITED 6
Slide 8: Q1 FY25 Consolidated Profit & Loss Statement
Q1 FY25 Consolidated Profit & Loss Statement In ₹ Cr Particulars Q1 FY25 Q1 FY24 Growth in % Revenues 229.15 201.37 Other Income 1.07 0.79 Total Income 230.21 202.16 13.88% Raw Material Expenses 176.71 158.73 Employee costs 6.52 3.54 Other expenses 34.11 32.67 Total Expenditure 217.33 194.94 EBITDA
Slide 9: Q1 FY25 Standalone Key Financial Highlights
Q1 FY25 Standalone Key Financial Highlights Total Income EBITDA EBITDA Margin PAT PAT Margin 230.21 12.65 5.98 7.72 2.98 202.16 5.49 2.60 3.82 1.47 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 Q1 FY24 Q1 FY25 All Figures In ₹ Cr & Margin In % MANGALAM WORLDWIDE LIMITED 8
Slide 10: Q1 FY25 Standalone Profit & Loss Statement
Q1 FY25 Standalone Profit & Loss Statement In ₹ Cr Particulars Q1 FY25 Q1 FY24 Growth in % Revenues 229.15 201.37 Other Income 1.07 0.79 Total Income 230.21 202.16 13.88% Raw Material Expenses 176.71 158.23 Employee costs 6.52 3.54 Other expenses 34.35 32.67 Total Expenditure 217.57 194.44 EBITDA 12
Slide 11: Company Overview
Company Overview
Slide 12: Mangalam Worldwide @ Glance
Mangalam Worldwide @ Glance Mangalam Worldwide Limited (Mangalam the Company) established in 1995, is a 25+ 4 fully integrated stainless steel manufacturing company with in-house Melting Manufacturing Year of Experience plant, Rolling Mill, Bright Bar manufacturing and seamless & welded pipes Units
Slide 13: Guiding Principles: Our Vision, Mission & Values
Guiding Principles: Our Vision, Mission & Values Vision To place strong emphasis on the consistent and reliable quality of our products and services. Company’s core values include a commitment to safety, harmony, innovation, and an ongoing dedication to continuous improvement. Mission To achieve and
Slide 14: A Timeline Of Mangalam Group
A Timeline Of Mangalam Group 1942 1962 1975 1995 • The group business • A new branch office was • One more branch office • The Company started by Late Shri opened in Ajmer, a major was opened in Jaipur due Incorporated on Tejmal Ji Mangal at city of Rajasthan. It was to growing business December 11,
Slide 15: Recognized For Excellence: Our Certifications & Awards
I Recognized For Excellence: Our Certifications & Awards al �usted5e,vkesS;ace194l At Mangalam Worldwide, we focus on building excellent products that are subject to stringent quality standards. Our sound infrastructure coupled with our zero tolerance quality policies help us manufacture products of
Slide 16: Recognized For Excellence: Our Certifications & Awards
I Recognized For Excellence: Our Certifications & Awards al �usted5e,vkesS;ace194l Certificate Managermnent system as per ISO 14001:2015 f Crtfc.ton Boy huvN0A91LID by oonfrm «rt ot th«at, "Mennen en. err t soc 1oz-taos. mtm MANGALAM WORLDWIDE LIMITED 102. Mangalam Corporate House, 42, Shrimali Soci
Slide 17: Marquee Clients In Focus
I Marquee Clients In Focus al �usted5e,vkesS;ace194l TUBACEX (} Gopuuc ( INDIA TUB~CEX GROUP � VOLTS GLOBAL GROUP J[Yori _ 1,__� WILHELM MMSS INDIA PVT LTD SHYAM METALICS onE TO METAL TTO DIC IOI TIO TUBES LIMITED The Brand You Can Trust KT#NANA[NJ NE.MAIDEN DieTech An ISO 9001:2015 & PED Certified
Slide 18: Business Overview
Business Overview
Slide 19: State-of-the-Art Manufacturing Facilities
State-of-the-Art Manufacturing Facilities Products 28,328 sq. mt. Stainless Steel (SS) Billets & Ingots: 66,000 metric tonnes along with construction, including factory sheds and • 200 Series • 300 Series (including 304L and 316L) Manufacturing Capacity Per • 400 Series building, measuring about Ann
Slide 20: State-of-the-Art Manufacturing Facilities
State-of-the-Art Manufacturing Facilities Products Stainless Steel Bright Bars • 200 Series • 300 Series 18,000 metric tonnes • 400 Series Per Annum • Special Chemical Composition grades steel like 17/4 PH, Duplex & Super Duplex Steel • 5 mm dia to 100 mm dia • Equivalent to ASME, EN, DIN, JIS, NFA,
Slide 21: Overview Of Our Product Portfolio
Overview Of Our Product Portfolio 200 Series Referred to as chrome-manganese (CrMn) stainless steel, is a class of austenitic and highly corrosion-resistant stainless steel that is characterized as having low nickel content. Stainless Steel (SS) Billets & Ingots Company’s state-of-the-art 300 series
Slide 22: Overview Of Product Portfolio
Overview Of Product Portfolio Stainless Steel Seamless Stainless Steel Flat Bars Stainless Steel Round Bars Stainless Steel Bright Bars Pipes & Tubes These are produced by re- These are produced by rolling Bright Bars, produced via Seamless Pipes are produced heating billets and rolling billets into
Slide 23: Management Overview
Management Overview ,, e4 l 5 f f l'
Slide 24: Pioneering Spirits: Empowering Growth Through Leadership
Pioneering Spirits: Empowering Growth Through Leadership Mr. Vipin Prakash Mangal Chairman | Experience – 36+ Years Mr. Vipin Prakash Mangal, a Commerce graduate from the University of Ajmer, is a seasoned professional with a strong background in the manufacturing and trading of various commercial c
Slide 25: Board of Directors & KMPs
I Board of Directors & KMPs al �usted5e,vkesS;ace194l Mr. Vipin Prakash Mangal Mr. Chanakya Prakash Mangal Mr. Chandragupt Prakash Mangal Mr. Mohit Agrawal Chairman Managing Director Managing Director Whole Time Director and Chief Financial Officer A/ AF Mrs. Pritu Gupta Mrs. Sarika Modi Mr. Anilkum
Slide 26: Industry Overview
Industry Overview
Slide 27: Navigating The Future: Global Steel Industry Insights
Navigating The Future: Global Steel Industry Insights Major Crude Steel Producing Countries during Jan-Apr 2024 Global crude steel production increased from 1,735 MT in 2017 to 1,878 MT in 2022, growing at a CAGR of 1.60 %. 13% 2% • The top 10 countries’ cumulative production in January-March 2024 s
Slide 28: Driving Growth: India's Robust Steel Sector Outlook
Driving Growth: India's Robust Steel Sector Outlook Total Finished Steel Production (Mn Tonnes) India's Steel Pipes and Steel Tubes Market was valued at USD 32.88 billion in 2023 and is projected to grow at a 6.43% CAGR, reaching USD 37.69 billion by 2030. 134 127 120 121 • India’s position as the w
Slide 29: Driving Forces Behind India's Steel Sector Growth
I Driving Forces Behind India's Steel Sector Growth al �usted5e,vkesS;ace194l Technology has made buying and selling of steel and Though the cost of iron-ore has been on the rise in steel products easier today. Buyers can buy steel online recent years, it is still one of the most widely available th
Slide 30: Government Initiative In Steel Sector
Government Initiative In Steel Sector The steel sector has adopted the Best Available Under the Union Budget 2023-24, the Technologies (BAT) available globally, in the government allocated ₹ 70.15 Cr (USD 8.6 modernization & expansions projects. million) to the Ministry of Steel. The Ministry of Ste
Slide 31: Key Financial Highlights
Key Financial Highlights
Slide 32: FY24 Key Financial Highlights
FY24 Key Financial Highlights Total Income EBITDA EBITDA Margin PAT PAT Margin Revenue Distribution 42.52 Domestic Export 822.47 22.98 807.20 646.55 17.58 646.55 20.92 5.17 2.72 2.79 3.24 15.27 FY23 FY24 FY23 FY24 FY23 FY24 FY23 FY24 All Figures In ₹ Cr & Margin In % MANGALAM WORLDWIDE LIMITED 31
Slide 33: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement In ₹ Cr Particulars FY24 FY23 FY22 Revenues 818.11 644.49 523.03 Other Income 4.36 2.06 0.29 Total Income 822.47 646.55 523.32 Raw Material Expenses 634.95 506.72 400.62 Employee costs 18.18 12.13 5.72 Other expenses 126.82 106.77 105.24 Total Expenditure 779.95
Slide 34: Consolidated Balance Sheet
Consolidated Balance Sheet In ₹ Cr Assets FY24 FY23 FY22 Equities & Liabilities FY24 FY23 FY22 Non Current Assets Equity 26.00 24.50 18.01 Reserves 154.38 110.60 27.44 Fixed assets 100.95 90.75 51.13 Non Controlling Interests 5.69 4.54 0.01 Non Current Investments 7.00 4.33 4.70 Net Worth 186.08 139
Slide 35: Consolidated Key Ratios
Consolidated Key Ratios ROE In % Debt To Equity In Times Book Value In ₹ 27.26 71.57 1.05 57.00 18.61 0.61 13.40 0.55 18.56 FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 FY24 ROCE In % Debt Service Coverage In Times EPS In ₹ 9.27 11.83 6.71 8.45 11.23 7.56 5.70 6.77 2.87 FY22 FY23 FY24 FY22 FY23 FY24 FY22
Slide 36: Stock Data
I Stock Data As on 20-09-2024 al �usted5e,vkesS;ace194l As on 30-06-2024 Stock Information Shareholding Pattern NSE Code MWL ISIN INE0JYY01011 Share Price ₹ 145.70 36.46% ■ Promoter & Promoter Group Market Capitalization ₹ Cr 356.97 No. of Share Outstanding 2,60,00,674 63.54% ■ Public Face Value ₹ 1
Slide 37: The Way Forward
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Slide 38: SWOT Analysis
I SWOT Analysis • • al �usted5e,vkesS;ace194l Strengths Weaknesses Opportunities Threats o Any change in Government Polices that o The management of the Company has o Monitor raw material price fluctuations o The automotive industry is forecasted to may affect the industry performance successfully s
Slide 39: Key Competitive Advantages
Key Competitive Advantages al �usted5e,vkesS;ace194l Manufacturing units in Halol, Changodar and Kapadvanj with excellent Strategic Location infrastructure and connectivity. . _.'-�-JI «arr i ms1.--a • rag j i' Scalable Business • i Adaptable to diverse industry segments and efficient procurement ca
Slide 40: Investment Rationale
Investment Rationale Enhanced Financial Stability: Strong Market Position: Net worth grew from ₹45.46 Cr in FY22 to ₹186.08 Cr Established as a key player in Stainless Steel. in FY24. Manufacturing units in Halol, Changodar and Debt to equity ratio improved from ₹5.70 Cr in FY22 Kapadvanj with excel
Slide 41: Thank You
Thank You al usted Ser rvices - Since 1942 102, Mangalam Corporate House, 42, Shrimali Society, Netaji Marg, Mithakhali, Navrangpura, Ahmedabad – 380009 Gujarat, India Email: sales@mangalamworldwide.com Phone: +91-79-6161 5000 Website: https://mangalamworldwide.com/ � �Advisors 713-B, Lodha Supremus