Cosmo Ferrites Limited · BSE:COSMOFE
Cosmo Ferrites — Q1 FY2023-24 Earnings Presentation
34 slides from Cosmo Ferrites's earnings presentation, Aug 14, 2023
Slide 1: Stock exchange cover letter for Investor Presentation
CFR/SE/2023-24/AUG/08 August 14, 2023 The Manager (Listing) Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001 Scrip Code: 523100 Security ID: COSMOFE Sub: Investor Presentation Dear Sir, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Require
Slide 2: Cosmo Ferrites Limited Investor Presentation – June 2023
Cosmo Ferrites Limited Investor Presentation – June 2023
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Cosmo Ferrites Limited (the “Company”) solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any co
Slide 4: Discussion Summary
Discussion Summary ❑Cosmo Ferrites Limited – An Overview ❑June 2023 Quarter - Performance Snapshot ❑Strategic Perspective ❑Financial Snapshot ❑ESG Focus 3
Slide 5: Cosmo Ferrites - An Overview
COSMO FERRITES - AN OVERVIEW 4
Slide 6: Company Overview
Company Overview ESTABLISHMENT PROMOTER Established in 1986, Cosmo Ferrites Limited is one of the Promoted by Mr. Ashok Jaipuria, 1st Generation largest manufacturer of Mn-Zn based Soft Ferrite cores Entrepreneur, who introduced the country to Soft used in Power Electronics Industry Ferrite Cores. P
Slide 7: Company Overview – Key Milestones
Company Overview – Key Milestones Component Increased Increased In-house R&D Two 50T Dorst capacity by capacity by capacity setup with the Presses, one another 750 1200 MT with expanded with help of DSIR Hydraulic cum MT and installation of installation of (GoI) Dorst of 100T accelerated new kiln &
Slide 8: Company Overview – Vision & Mission
Company Overview – Vision & Mission Vision “Striving to become the market, product and quality leader of soft ferrite cores in the power electronics industry.” Mission “We shall endeavour to be an organization which delivers outstanding customer service, respects all individuals working with it and
Slide 9: Business Overview – Manufacturing Infrastructure
Business Overview – Manufacturing Infrastructure Powder Making Plant Press In-house Powder Grinder Rotary Press Manufacturing Facility Kiln Linear Abrasive Hydraulic Press Installed capacity REIDHAMMER (Germany) - 4 Famtec Aplanab Mechanical Press (Dorst Powder Production – 3600 4 Station Automatic
Slide 10: Market Segments We Cater
Market Segments We Cater: Automotive Solar Industrial Electronics Antenna, Sensors Inverter, Current Sensor Medical , Power Supplies Electric Vehicle Battery Charger, EMI Filters Lighting OBD, Wireless Charging Line Filter, Choke Inductor, Transformer 9
Slide 11: Market Segment: Automotive Applications
Market Segment: Automotive Applications • LED Lighting Lighting • LED Headlights Common • DC/DC Battery for EVS • Boost Charger and HEVS • Inverter • Battery Charger Plug-in & Electric • Wireless Charger Access Control • Passive Entry • Passive Start 10
Slide 12: Product Categories- Ferrites
Product Categories- Ferrites EE Cores Pot Cores • Sizes Available from 10 mm to • Sizes Available from 14 mm to 36 mm 128 mm • Application – Power Transformers, •Application – Power Transformer Power Inductors, Converters, Inverters, and Inductors SMPS and Filter Inductors • Toroid (With and Without
Slide 13: Product Categories- Ferrites continued
Product Categories- Ferrites continued …. PQ Cores Planar Cores - Sizes Available from 20 mm to 71 • Sizes Available from 18 mm to 153 mm mm • Application – Differential Inductors - Application – Power Transformer and DC/DC, AC/DC converters and Inductors EC Cores I Bars, Plates • Sizes Available fr
Slide 14: Compliance with Global Standards
Compliance with Global Standards IATF 16949 ISO 9001:2015 ISO 9001:2015 ISO 14001:2015 UL94 V-0 Approved (ACT) (CFR) Coating 13
Slide 15: Business Overview – Customer Network
Business Overview – Customer Network 14
Slide 16: Business Overview – Global Clientele
Business Overview – Global Clientele 1 63% - Asia India | China | Sri Lanka Thailand | Turkey | Taiwan Malaysia | Vietnam | Japan 34% - Europe 2 Germany | Italy | Poland Czech Republic | Spain United Kingdom | France Russia | Ukraine | Denmark 4% - North America 43 United States of America 44 1% - S
Slide 17: Business Overview – Our Customers
Business Overview – Our Customers * Above include direct and indirect customers Disclosure: All these are trademarks of respective Owners 16
Slide 18: Business Overview – R&D Resource Centre
Business Overview – R&D Resource Centre XRF for determination of Computerised BET surface material composition and analyser for determining purity level accurately. specific surface area of powder materials XRD for determination of High resolution digital crystalline phases present microscope (1000
Slide 19: Financial Results - June 2023Q
FINANCIAL RESULTS - June 2023Q 18
Slide 20: Financials
Financials (fig. in Rs. Lakhs) Q1'FY23-24 Q4'FY22-23 Q1'FY22-23 Particulars Unaudited Audited Unaudited Net Sales 2,696 2,394 3,544 EBITDA 380 279 604 EBITDA % 14% 12% 17% PBT* 68 24 400 PAT 36 15 314 EPS (in Rs.) 0.31 0.12 2.61 Key Highlights – Q1’FY23-24 Results ❑ Enhanced Q1 results from Q4 is ma
Slide 21: Strategic Perspective
@ COSMO FERRITES LIMITED STRATEGIC PERSPECTIVE
Slide 22: Why Cosmo Ferrite?
Why Cosmo Ferrite? Flexibility in job -line allocation Widest product portfolio under Global reach 3 plus decades of Soft Ferrite one roof excellence Ahead in Product Customized Innovation Key Account Teams Global Stocking Availability Development Curve 21
Slide 23: Key Future Growth & Profitability Drivers
Key Future Growth & Profitability Drivers Meet growing demand of Soft Ferrite cores with increased capacity Operating leverage from new capacity once it gets fully utilized. Moving towards high end application (Top Hat Kiln) With Top Hat Kiln, Cosmo expects to meet customers’ growing demands related
Slide 24: Emerging Trends to Drive Demand of Soft Ferrites
Emerging Trends to Drive Demand of Soft Ferrites!! - Significant push Globally to increase sales of EVs. - Solar and Wind Energy are going to become mainstream energy sources - IOT, Cloud computing, 5G and Industry 4.0 are on an acceleration mode 23
Slide 25: Financial Snapshot
[© cosmo FERRITES LIMITED FINANCIAL SNAPSHOT
Slide 26: Financials – Some recent years
Financials – Some recent years (fig. in Rs. Lakhs) FY 2022-23 FY 2021-22 FY 2020-21 Particulars Audited Audited Audited Net Sales 10,731 11,384 6,365 EBITDA 1,255 2,949 787 EBITDA % 12% 26% 12% PBT* 315 1897 50 PAT 242 1423 180 EPS (in Rs.) 2.01 11.83 1.50 Book Value 26.81 24.83 12.95 Key Highlights
Slide 27: Key Financial Highlights – Key Ratios
Key Financial Highlights –Key Ratios ROCE % External Net Debt/EBITDA Ratio External Net Debt/Equity 60% 10.00 1.80 7.87 50% 46% 8.00 1.57 1.60 40% 6.00 1.40 1.28 1.27 30% 4.00 3.11 3.26 1.20 20% 2.00 1.03 15% 13% 0.73 1.00 10% 0.00 FY 18-19 FY 19-20 FY 20-21 FY 21-22 FY 22-23 0.80 0.72 0% -2.00 FY 1
Slide 28: ESG & Sustainability Initiatives
ESG & SUSTAINABILITY INITIATIVES 27
Slide 29: Approach towards Sustainability
Approach towards Sustainability Technology Environment Values • Customized innovation • Carbon footprints reduction • Risk management practices • Ahead in product development • People health , safety and well • Transparency and accountability curve beings • Effective Internal Control • Wide product
Slide 30: Corporate Governance
Corporate Governance Well established practices in place I. Well qualified Board of Directors from diversified fields with majority of directors being independent II. 71% independent directors III. Independent Audit Committee with Board of Directors IV. Established risk management practices V. Separ
Slide 31: Company Overview – Board of Directors
Company Overview – Board of Directors Mr. Ambrish Jaipuria Chairman Mr. Janardhan Pralhadrao Gupta Independent Non-Executive Director CEO & Executive Director at Cosmo Ferrites Ltd. 28 years of experience in Plastic packaging and Over 15 years of experience in Finance & film manufacturing company in
Slide 32: Company Overview – Leadership Team
Company Overview – Leadership Team Mr. Ambrish Jaipuria Mr. Supratic Roy Chairman Business Head CEO & Executive Director at Cosmo Ferrites Alumnus of IIT Bombay, IIM Lucknow & Ltd. Over 15 years of experience in Finance & Washington University with experience of 22 Accounts and General Management fu
Slide 33: Awards and Recognition
Awards and Recognition ELCINA-EFY Certificate of Merit for Outstanding Achievement in “Exports” Year 2020-21 ELCINA-EFY Certificate of Merit for 43rd ELCINA-EFY Award for Outstanding Outstanding Achievement in “Exports/Large Achievement in “Exports/Large Scale” Year 2017-18 Scale” Year 2016-17 ELCIN
Slide 34: Thank You
Thank You NEW DELHI HIMACHAL PRADESH Head Quarters: Regd. Office and Works 517, 5th Floor, DLF Tower-A, Post Office – Jabli New District Centre, Jasola, District – Solan New Delhi – 110 025, India Himachal Pradesh – 173 209 India 33