Cords Cable Industries Limited · NSE:CORDSCABLE
Cords Cable Industries — Q2 FY19 Earnings Presentation
29 slides from Cords Cable Industries's earnings presentation, November 2018
Slide 1: Investor Presentation – November 2018
Investor Presentation – November 2018
Slide 2: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Cords Cable Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for a
Slide 3: A Specialized Control and Instrumentation Cable Company
A Specialized Control and Instrumentation Cable Company 95% of our orders are based on customer specifications 86% of our cables constitute Instrumentation & Control Cables and 14% is Power Cables Long standing customer We have approvals from large public relationships of over 20 years sector as wel
Slide 4: Wide Range of Products to Multiple Industries
… offering Wide Range of Products to Multiple Industries Instrumentation Cables Thermocouple Cables Control Cables LV Power Cables 4
Slide 5: With a Diverse Portfolio of Products
… with a Diverse Portfolio of Products Catering to the New Age Demand Thermocouple Cables Control & Electrical Wiring Cables Instrumentation, Signal and Data Cables Application: Application: Application: Control Cables: Used in interconnection of process Used in data acquisition systems, compute
Slide 6: Bringing Constant Innovation
… bringing Constant Innovation Special cables Low Temperature Low smoke zero Eurobaslise Cables Fire retardant Halogen Cables Railway Safety Low smoke Cables EPR Oil & Gas Cables Fire Survival Cables Railway Jelly Cables Cables field Quad PV Cables Solar Cables Silicone Rubber Cables Fieldbus Cables
Slide 7: With Focus on Quality
… with Focus on Quality Consistent Quality check at every stage Quality Test Labs Customer Interface Garnered a name for Product Design Customer service Choice of Vendors Timely deliveries Manufacturing Process Efficient order execution Human Resource Development Customer service 95% all Products as
Slide 8: Experienced Management Team
… Experienced Management Team Naveen Sawhney Chairman & MD A Mechanical Engineer and a PG Diploma in Marketing Management. Has an experience of over 45 years in the Cables Industry. His Vast experience, long-term vision, entrepreneurial abilities & strategic planning have led the Company towards gro
Slide 9: With Strong Core Values
… with Strong Core Values Honour Commitments Consistently maintain High Quality Strive for long-term relations and partnerships with customers, vendors and business associates Focus on product-development based on ever-changing needs of our customers Ensure Dignity of Labour Advancement in Technolog
Slide 10: Long Term Customer Relationship
… Long Term Customer Relationship Domestic International Over 20 years of Relationship 10
Slide 11: State of the Art Manufacturing Facilities
… State of the Art Manufacturing Facilities Chopanki Unit Chopanki & Kahrani Capacity of ~30,000 Kms Manufactures LV Power, Instrumentation, Control & Speciality cables Rajasthan Kahrani Unit Capacity of ~35,000 Kms Manufactures Control, Instrumentation, Fieldbus, PV Solar, EPR Insulated & o
Slide 12: Certifications & Client Approvals
… Certifications & Client Approvals Manufacture cables conforming Type Tested by Major Approvals to International standards such as: EN, BS, IEC, VDE Hold BIS certification for all types of cables conforming to IS:1554(1)/1988 and IS:694-90 Quality Management System is ISO 9001:2008 Certified
Slide 13: Awards & Recognitions
… Awards & Recognitions Forbes Best Under a $ Billion – 2008 International Quality Crown Award – 2011 Ratna Shiromani Award International Business Times 1000 Fastest Growing Companies – 2012 13
Slide 14: We are Future Ready
We are Future Ready 14
Slide 15: Key beneficiary of Modernisation and Upgradation of India
Key beneficiary of Modernisation and Upgradation of India Backbone to Key Industries driving India’s Future… Renewable Power Freight Corridor Oil & Gas FMCG Smart Cities Ferrous & Non Ferrous Metals Transmission & Distribution Metro Rail Refineries Chemicals Cement LPG Bottling Nuclear & Thermal Pow
Slide 16: With Multiple Growth Drivers across Sectors
… with Multiple Growth Drivers across Sectors Oil & Gas Increase in safety measures, Replacement and new demand for speciality cables such as fire retardant and control cables to pick up as safety standards increase 2018-19 Budget set aside Rs. 87,000 crores for Exploration and production + Re
Slide 17: Dominance to grow beyond the Industry
… Dominance to grow beyond the Industry Indian Wire & Cables industry Sectors Driving Increase in Demand 686 596 Hydrocarbon Sector 518 451 392 Airport Modernization & Development FY16 FY17 FY18E FY19E FY20E Rs. Bn. Freight Corridor Projects Speciality Cables at the cusp of growth Metro Rail
Slide 18: Supported by Technologically Advanced Facilities
Supported by Technologically Advanced Facilities Chopanki Unit Kahrani Unit 18
Slide 19: With the Capabilities to Double the Production
With the Capabilities to Double the Production Key initiatives leading to strong With Cords leadership in Cable Space Industrial growth Low Investment for growth Emphasis on Quality Valued long term Client Relationships Current Capacity – 65,000 Kms p.a. Indian Wire & Cables industry Diverse Portfol
Slide 20: Increasing Focus on Sunrise Sectors
Increasing Focus on Sunrise Sectors Percentage Contribution to Revenues Metros & Freight Corridors Hydrocarbons Power Sector 8% 36% 40% 7% 36% 29% 28% 18% 3% 2% 9% 6% FY15 FY16 FY17 FY18 FY15 FY16 FY17 FY18 FY15 FY16 FY17 FY18 Order Book Break-up 2% 4% Hydrocarbons Total Order book of ~Rs. 139 Crore
Slide 21: Approvals from various International & Domestic clients
Approvals from various International & Domestic clients Approval from ADNOC Approval from Revalidation of Enlistment from [Abu Dhabi National Oil Company] Samsung Engineering Co. Ltd. EIL [Engineers India Limited] Registered & Prequalified with ADNOC Registered as a Prequalified supplier for N
Slide 22: Financial Highlights
Financial Highlights 22
Slide 23: Net Debt to Equity of 0.45 x
Net Debt to Equity of 0.45 x Total Debt Structure as of H1 FY19 H1 FY19 Finance Cost Break up Rs. Crs. 3.1 11.7 2.3 25% 2.1 1.0 75% 3.2 Cash Credit Interest on Suppliers ^ Bank Discounting Total Interest Term Loan Interest Charges & Term Loans Working Capital Loans Factorinig* ^ Bank Charges are inc
Slide 24: Q2 FY19 Financial Highlights
Q2 FY19 Financial Highlights Revenue (Rs. Crs.) EBITDA (Rs. Crs.) 13.5% 21.5% 99.2 9.8 87.4 8.0 Q2 FY18 Q2 FY19 Q2 FY18 Q2 FY19 EBITDA Margin % PAT (Rs. Crs.) 9.8 +43.6% 1.8 9.2 1.2 Q2 FY18 Q2 FY19 Q2 FY18 Q2 FY19 24
Slide 25: H1 FY19 Financial Highlights
H1 FY19 Financial Highlights Revenue (Rs. Crs.) EBITDA (Rs. Crs.) 13.8% 14.6% 190.8 18.3 167.7 16.0 H1 FY18 H1 FY19 H1 FY18 H1 FY19 EBITDA Margin % PAT (Rs. Crs.) 9.5 9.6 +35.8% 3.1 2.3 H1 FY18 H1 FY19 H1 FY18 H1 FY19 25
Slide 26: Profit & Loss Statement as per Ind AS
Profit & Loss Statement as per Ind AS Particulars (Rs. Crs.) Q2 FY19 Q2 FY18 YoY H1 FY19 H1 FY18 YoY Revenue 99.2 87.4 13.5% 190.8 167.7 13.8% Direct Expenses 79.5 70.3 152.7 133.6 Employee Expenses 4.3 4.1 8.5 7.8 Other Expenses 5.5 5.0 11.3 10.3 EBITDA 9.8 8.0 21.5% 18.3 16.0 14.6% EBITDA Margin 9
Slide 27: Balance Sheet as per Ind AS
Balance Sheet as per Ind AS Particulars (Rs. Crs.) Sept 18 Mar 18 Particulars (Rs. Crs.) Sept 18 Mar 18 EQUITY & LIABILITIES ASSETS Equity 130 127 Non-current assets 92 94 Equity Share capital 13 13 Property, plant and 91 92 Other equity 117 114 equipment Security Deposit 2 2 Non-current liabilities
Slide 28: Consistent Performance over the years
Consistent Performance over the years Revenue (Rs. Crs) EBITDA (Rs. Crs) 1.4 x 1.4 x 365 36 323 33 283 29 263 265 26 27 FY14 FY15 FY16 FY17 FY18 FY14 FY15 FY16 FY17 FY18 PAT (Rs. Crs) Margins % 3.0 x 10.0% 10.0% 10.0% 10.0% 10.0% 6 5 3 2.0% 2.0% 3 1.0% 1.0% 1.0% 2 FY14 FY15 FY16 FY17 FY18 FY14 FY15
Slide 29: Cords Cable Industries Limited Contact Details
Cords Cable Industries Limited Strategic Growth Advisors Pvt. Limited CIN: L74999DL1991PLC046092 CIN: U74140MH2010PTC204285 Mrs. Garima Pant, CS Mr. Pratik R. Shah csco@cordscable.com pratik.shah@sgapl.net +91 97692 60769 www.cordscable.com Mr. Rohan Adhiya rohan.adhiya@sgapl.net +91 98332 19522 www
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