Kirloskar Oil Engines Limited · NSE:KIRLOSENG

Kirloskar Oil Engines — Q3 FY22 Earnings Presentation

22 slides from Kirloskar Oil Engines's earnings presentation, Feb 10, 2022

  1. Slide 1: Exchange filing cover letter for conference call presentation

    Date: 10th February 2022 BSE Scrip Code: 533293 NSE Scrip Code: KIRLOSENG To To Corporate Relationship Department Listing Department BSE Limited National Stock Exchange of India Ltd. 1st Floor, Rotunda Building, Exchange Plaza, C ‐1, Block G, Dalal Street, Fort, Bandra‐Kurla Complex, Bandra (E), Mum

  2. Slide 2: Earnings Call Presentation Q3 FY22

    Earnings Call Presentation Q3 FY22 10th February 2022 All amounts are in “₹ Crore” except otherwise stated; rounded off to the nearest decimal

  3. Slide 3: Disclaimer & Safe Harbor Statement

    DISCLAIMER & SAFE HARBOR STATEMENT Statements in this presentation, particularly those which relate to management’s views and analysis, describing the Company’s objectives, projections, estimates and expectations may constitute “forward looking statements” within the meaning of applicable laws and r

  4. Slide 4: KOEL Group

    KOEL GROUP La-Gajjar Machineries Arka Financial *Kirloskar Americas **Arka Fincap Ltd3 (P) Ltd1 Holdings (P) Ltd5 Corporation2 (100%) (99.998%***) (76%) (100%) Optiqua Pipes & Electricals (P) Ltd4 KOEL- Earnings Call – Q3 FY22 – KOEL Group (100%) 1 with effect from 1st August 2017 2 with effect from

  5. Slide 5: Content

    CONTENT  BUSINESS OVERVIEW  STANDALONE  SALES HIGHLIGHTS  CONSOLIDATED  SEGMENT OVERVIEW  FINANCIAL OVERVIEW  ESG 4

  6. Slide 6: Standalone Sales Highlights – Q3 FY22 Y-o-Y

    STANDALONE SALES HIGHLIGHTS – Q3 FY22 Y-o-Y Sales Performance Power Generation Industrial Customer Support Agriculture* IPS (Large Engines) 367.9 182.4 -5% 171.3 -12% 30.0 25% 172.8 7% -35% 829.1 118.9 5% 111.3 149.9 19.6 294.6 789.6 Q3 FY21 Q3 FY22 Q3 FY21 Q3 FY22 Q3 FY21 Q3 FY22 Q3 FY21 Q3 FY22 Q3

  7. Slide 7: Standalone Sales Highlights – YTD Dec FY22 Y-o-Y

    STANDALONE SALES HIGHLIGHTS – YTD Dec FY22 Y-o-Y Sales Performance Power Generation Industrial Customer Support Agriculture* IPS(Large Engines) 331.4 91.9 -20% 460.5 20% 8% 422.3 2,286.1 64% 998.5 18% 390.8 73.4 30% 389.4 276.9 610.3 1,759.3 YTD FY21 YTD FY22 YTD FY21 YTD FY22 YTD FY21 YTD FY22 YTD

  8. Slide 8: Refocusing From Business Standpoint

    Refocusing From Business Standpoint… Reportable Segments Internal Customer Focused Teams Engines and Gensets Prime Power Solutions Industrial Engines Engines After Sales Support Institutional Projects Power Solutions for Large / Institutional Project Solutions(IPS) Clients (Marine, Defence etc) KOEL

  9. Slide 9: Segment Performance Overview – Engines

    SEGMENT PERFORMANCE OVERVIEW – ENGINES Segment Revenue Trend Performance Updates Power Generation Business - 818.3  All major sub segments have registered healthy double digit sales growth Y-o-Y 738.3 745.5 710.9  Exports sales have registered growth of ~77% Y-o-Y 567.8  Won & executed orders fro

  10. Slide 10: Segment Performance Overview – Electric Pumps

    SEGMENT PERFORMANCE OVERVIEW – ELECTRIC PUMPS Segment Revenue Trend Performance Updates 186.7 La-Gajjar Machineries (P) Ltd (“LGM”)*  Business has registered sales growth of 7% Y-o-Y and decline of 1% Q-o-Q 174.8 173.3 168.7  EBITDA margin for the quarter continued to remain under pressure due to

  11. Slide 11: Segment Performance Overview – Financial Services

    SEGMENT PERFORMANCE OVERVIEW – FINANCIAL SERVICES Segment Revenue Trend Performance Updates 54.2 Arka Fincap Ltd (“AFL”)** & Arka Financial Holdings (P) Ltd (“AFHPL”) 45.4  KOEL’s total investment in AFL as on 31st Dec 21 stood at 701 Cr 37.7 33.0  KOEL has infused equity share capital of 83 Cr in

  12. Slide 12: Segment Performance Overview – Others

    SEGMENT PERFORMANCE OVERVIEW – OTHERS* Segment Revenue Trend Performance Updates 50.1 51.7  Power tiller segment has registered sales growth of 36% Y-o-Y 48.7 44.6 decline of 27% Q-o-Q 40.5  Power Weeder registered sales of 1,130 quantities in Q3 FY22; growth of 27% Y-o-Y and 70% Q-o-Q  Farm Mech

  13. Slide 13: Content

    CONTENT  BUSINESS OVERVIEW  FINANCIAL OVERVIEW  STANDALONE  PERFORMANCE HIGHLIGHTS  PROFIT AND LOSS STATEMENT  WORKING CAPITAL AND NET CASH POSITION  CONSOLIDATED  PERFORMANCE HIGHLIGHTS  PROFIT AND LOSS STATEMENT  SEGMENT RESULTS  ESG 12

  14. Slide 14: Standalone – Performance Highlights

    STANDALONE – PERFORMANCE HIGHLIGHTS Sales EBITDA & Margin PAT & Margin 5% -46% -58% 829.1 100.0 94.2 16% 80.0 15% Quarterly 817.8 90.0 14% 13% 70.0 11.8% 60.6 11% 80.0 12% 60.0 70.0 66.5 10% 7.6% 9% 789.6 1% 60.0 8% 50.0 7% 50.7 4.7% 50.0 8.1% 6% 40.0 5% 38.7 3.0% 40.0 3% -24% 6.1% 4% 30.0 25.3 1% 3

  15. Slide 15: Standalone – Profit and Loss Statement

    STANDALONE - PROFIT AND LOSS STATEMENT Q-o-Q Y-o-Y Y-o-Y Particulars Q3 FY22 Q2 FY22 Q3 FY21 YTD Dec FY22 YTD Dec FY21 ∂% ∂% ∂% Net Sales 829.1 817.8 1% 789.6 5% 2,286.1 1,759.3 30% Other Operating Income 7.8 7.7 1% 8.1 -4% 23.5 20.6 14% Revenue From Operations 836.9 825.5 1% 797.7 5% 2,309.6 1,779.

  16. Slide 16: Working Capital and Net Cash Position

    WORKING CAPITAL AND NET CASH POSITION Inventories Receivables 58 Days 58 Days 48 Days 46 Days 45 Days 49 Days 49 Days 35 Days 35 Days 36 Days 355.8 342.2 290.3 301.7 310.0 304.3 317.9 265.2 282.1 245.8 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY 22 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY 22 KOEL- Earnings C

  17. Slide 17: Consolidated – Performance Highlights

    CONSOLIDATED – PERFORMANCE HIGHLIGHTS Sales EBITDA & Margin PAT & Margin 6% -27% -56% 140.0 1,007.5 120.8 14% Quarterly 120.0 70.0 66.5 15% 991.4 12.6% 97.4 100.0 87.8 12% 60.0 13% 11% 80.0 10% 50.0 41.7 2% 40.0 6.9% 9% 948.0 60.0 9.7% 29.1 7% 8% 30.0 40.0 -10% 5% 8.6% 20.0 20.0 6% 4.2% 3% 10.0 30%

  18. Slide 18: Consolidated – Profit and Loss Statement

    CONSOLIDATED - PROFIT AND LOSS STATEMENT Q-o-Q Y-o-Y Y-o-Y Particulars Q3 FY22 Q2 FY22 Q3 FY21 YTD Dec FY22 YTD Dec FY21 ∂% ∂% ∂% Net Sales 1,007.5 991.4 2% 948.0 6% 2,808.4 2,180.7 29% Other Operating Income 10.3 10.0 3% 10.7 -4% 31.6 28.2 12% Revenue From Operations 1,017.8 1,001.4 2% 958.7 6% 2,8

  19. Slide 19: Segment Results – Consolidated

    SEGMENT RESULTS - CONSOLIDATED Q2 FY22 Particulars Q3 FY22 Q3 FY21 YTD Dec FY22 YTD Dec FY21 SEGMENT REVENUE 738 Engines 745 711 2,052 1,573 166 Electric Pumps 173 169 514 436 45 Financial Services 54 29 137 69 52 Others 45 50 137 131 - Unallocated 0 (0) 0 1 1,001 REVENUE FROM OPERATIONS 1,018 959 2

  20. Slide 20: Content

    CONTENT  BUSINESS OVERVIEW  FINANCIAL OVERVIEW  ESG 19

  21. Slide 21: Sustainable Business Strategy

    SUSTAINABLE BUSINESS STRATEGY Organisation Reduction in Stakeholder Brand Image conversion Confidence Enhancement cost Energy Water Renewables GHG Emission Innovation KOEL- Earnings Call – Q3 FY22 – ESG Sustainability Strategy 20

  22. Slide 22: Thank You

    THANK YOU For Further Information Please Contact: KOEL Company Secretary Group Investor Relations Ms Smita Raichurkar Ms. Mayura Bhusari Tel: (020) 25810341(Extn- 4461) Tel: (020) 67060341 Email: smita.raichurkar@kirloskar.com Email: mayura.bhusari@kirloskar.com

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