Kirloskar Industries Limited · NSE:KIRLOSIND
Kirloskar Industries — Investor Presentation (September 2024)
30 slides from Kirloskar Industries's investor presentation, September 2024
Slide 1: Investor Presentation
Investor Presentation September 2024 https://www.kirloskarindustries.com/
Slide 2: Safe Harbour Statement
Safe Harbour Statement This presentation contains statements relating to future business developments and economic performance that could constitute ‘forward looking statements’. While these forward looking statements represent the Company’s judgments and future expectations, a number of factors cou
Slide 3: Our Values
K*rloskar Industries EXCELLENCE In everything we do, quality without compromise INNOVATIVE THINKING Be bold and brave, & stay relevant
Slide 4: KIL Journey and Roadmap
KIL Journey and Roadmap Future June 2024* April 2010 Company name Percentage of holding Avante Spaces Limited 100% Wholly owned subsidiary – Subsidiary: 46.10% stake# Kirloskar Ferrous Industries Limited*# 46.10% Real Estate Development Kirloskar Brothers Limited 23.91% Kirloskar Oil Engines demerge
Slide 5: Financial Performance - Consolidated
Financial Performance - Consolidated Q1 : Revenue – Rs. 1,559 Cr, PAT- Rs. 66 Cr Amounts in ₹ Crores Revenue PAT Equity attributable to Owners Reserves & Surplus Other Income 94 PAT 2,103 71 2,067 Q1 FY25 Q4 FY24 Q1 FY23 FY 23-24 66 1 16 0 1 1 29 11 11 1,971 427 431 921 1,029 454 532 Q1 FY25 Q4 FY24
Slide 6: Financial Performance - Standalone
Financial Performance - Standalone 26 41 Amounts in ₹ Crores Revenue Composition 33 20 29 29 22 24 16 9 8 12 7 7 8 9 5 5 6 2 2 2 Jun-24 Mar-24 Jun-23 Jun-24 Mar-24 Jun-23 Interest Income Net Gain On Fair Value Changes Dividend Income Other income (Incl. Leasing) Revenue from Operations Total income
Slide 7: Avante Spaces Limited
k*rloskar Industries AVANTE Avante Spaces Limited
Slide 8: Key RE indicators – Offices
Key RE indicators – Offices India Pune Stock GCC, Banking, financial Vacancy ~94mn Stock ~8% Vacancy Sq. ft. ~947mn Sq. services and insurance ft. ~15% (BFSI) firms and technology New Gross Supply Absorption ~3mn ~5mn Gross corporates led the space New Supply Sq. ft. Sq. ft. Absorption ~17mn ~35mn t
Slide 9: Key RE indicators – Residential
Key RE indicators – Residential India • The residential market has continued to strengthen, with demand reaching an 11-year high during H1 2024 Launch Sales • A notable shift toward premiumisation has taken root in ~3.51Lac ~3.3Lac the residential market, with higher priced homes driving units units
Slide 10: Office Market Snapshot
Key RE Indicators – Pune Offices Est. supply by Office Market Snapshot Total Inventory – Offices* Cushman Wakefield Savills 26-27 Avg. Rental INR Rent Range INR Area Mn. Sq. Ft. Vacancy Mn sq. ft. psft psft CBD 5 0.85% 110.42 75-135 4 SBD East 38 7.44% 99.17 70-115 16 SBD West 10 6.97% 88.32 75-120
Slide 11: Projects in Kothrud – Full Layout
Projects in Kothrud – Full Layout D E ROA ARV AR VE K 42 K LER HEE 2 W RY EN T TA PLO D TUNNEL RAMP RAMP R OA AL ENTRY ENTRY/EXIT E CAN To BASEMENT 1 WID ADDITIONAL 12M CAR PARKING T EXI B PLOT EXIT 18th Floor 19th Floor RY PLOT C 20M ENT W IDE DP R EXIT OAD 20th Floor RAMP EXIT FROM BASEMENT 01 NAL
Slide 12: One Avante – Day and Night View
One Avante – Day and Night View 12
Slide 13: One Avante – Actual Pictures
One Avante – Actual Pitures 13
Slide 14: One Avante - Brief details
One Avante - Brief details Rs. In crores § Project completed: Mar’24 § Green certifications: IGBC Platinum and LEED Gold Gross Profit Sold Area: 96 § Adopting the WELL building standards 116 *Retained Area: 20 § /month Sale Value Sold Area: 233 337 *Retained Area: 104 Total Cost Sold Area: 137 221 R
Slide 15: Projects – Plot A+C (Architect Impressions / Plan)
Projects 2 – Plot A+C (Architect Impressions / Plan) 15
Slide 16: Project 2 – Mixed use Commercial Building
Project 2 – Mixed use Commercial Building Rs. In crores Starting Rent Est. Rent per Particulars Area Sqft Rs PSFT/mth month q Est. completion: CY28 Office 14,56,605 93 13.55 Retail / Restaurants 1,07,944 141 1.52 q Revenue Assumption: Rent starting from Jun’28 Total 15,64,549 15.07 • Present rent fo
Slide 17: Project 2 – Actual Progress
Project 2 – Actual Progress Ground Level B1 Level B2 Level Raft 17
Slide 18: Kothrud Layout – Drone view
Kothrud Layout – Drone view 18
Slide 19: Avante – Future Plans
Avante – Future Plans Asset Light Model – Residential and Commercial development opportunities via JV, JDA, DM Explore JDA / JV / DM opportunities in Pune City Integrated Development on 75 Acres land in Khadki, Pune owned by KIL (Holding Co.) Explore Group Company land parcels’ in Pune and other cit
Slide 20: Avante – Building the Future…
Avante – Building the Future… Area under development in Sq. Feet ~40mn ~1.56mn ~1.76Lac 2024 2028 Future 20
Slide 21: Kirloskar Ferrous Industries Limited
Kirloskar Ferrous Industries Limited 21
Slide 22: About Geographic Presence and Products of KFIL
About Geographic Presence and Products of KFIL Capacity MT Sr No. Location Product ( per annum) 1 Rajpura ,PB Ferrous casting and machining 28,000 2 Pune, MH Corporate Office 3 Jejuri,MH Steel 3,50,000 4 Baramati, MH Seamless Tubes 3,70,000 5 Ahmednagar,MH 6 Solapur,MH Iron Casting 1,80,000 7 Koppal
Slide 23: KFIL - Business Performance
KFIL - Business Performance Rs. In crores KFIL’s Position in Indian Market Sales and PBT 10-Year CAGR (Standalone): Casting Business 1 st Sale - 20% : PBT- 30% 7,000 700 6,399 6,134 6,000 Pig Iron Business 2 nd 543 619 600 5,000 500 4,000 477 400 363 3,615 3,000 300 2,159 2,038 2,000 1,765 1,850 200
Slide 24: KIL - Abridged Consolidated Profit & Loss Statement
KIL - Abridged Consolidated Profit & Loss Statement Rs. In crores Particulars Q1 FY25 FY 23-24 Revenue from Sale of Products (incl. Discontinued Ops) 1,554 6,334 Interest Income 2 11 Net gain on fair value changes 3 10 Dividend Income 0 16 Total Revenue from Operations 1,559 6,371 Total Other Income
Slide 25: KIL - Abridged Consolidated Balance Sheet
KIL - Abridged Consolidated Balance Sheet Rs. In crores Particulars Q June 24 FY 23-24 Fixed Assets 4,048 4,013 Investments 6,191 3,409 Other assets 2,642 2,341 Total Assets 12,881 9,763 Borrowings 1,319 1,218 Financial Liabilities 1,303 1,197 Non-financial Liabilities 967 610 Total Liabilities 3,58
Slide 26: KIL – Evolving Capital Structure
All amounts in INR Crores YTD numbers reflect year to date Q1 FY25 6,355 6,365 4,927 3,872 3,863 2,448 2,191 2,181 1,614 1,604 1,428 1,414 1,405 1,415 1,305 942 889 876 662 516 9.71 9.78 9.88 9.93 9.94 KIL – 2020-21 Share capital 2021-22 Reserves and surplus 2022-23 Ind AS adjustment 2023-24 Other E
Slide 27: KIL – Listed Investments
All amounts in INR Crores Data updated till 30 Aug 24 Values of Listed Companies 888 Total 10,566 374 *KFIL 5,208 63 KPCL KIL – 170 835 KOEL Listed 282 1,096 Investments KBL 3,428 Book Value MV as on 30 Aug'24 § Kirloskar Industries Limited (NSE: KIRLOSIND | BSE: 500243 | ISIN: INE250A01039) § Price
Slide 28: CSR and HR update
CSR and HR update Learning and Development Recognising the importance of developing our existing talent, we have invested in various training and leadership programs for enhancing leadership skills such as strategic thinking and decision-making. Additionally, our Employee Development Policy supports
Slide 29: Leadership Team
Leadership Team Mahesh Chhabria Vinesh Kumar Jairath Aditi Chirmule MD, KIL MD, Avante Executive Director Anandh Baheti Chandrahas Charekar Lokesh Gupta Akshay Sahni Jagdish Purandare CFO VP Liaison & Strategy VP Projects VP Asset Mgt Head HR 29
Slide 30: Thank You
k*rloskar Industries y % g rf, $ THANK YOU
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