Bharat Wire Ropes Ltd. · NSE:BHARATWIRE
Bharat Wire Ropes — Q1 FY2025 Earnings Presentation
19 slides from Bharat Wire Ropes's earnings presentation, Aug 5, 2024
Slide 1: Regulation 30 Investor Presentation cover letter to exchanges
Ref.: BWRL/2024-25/SE/Misc./10 Date: 05th August, 2024 To, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400 051. Mumbai – 400 001. NSE Symbol: BHARATWIRE BSE Scrip Code: 539799 Dear
Slide 2: Q1-FY25 Earnings Presentation
Q1-FY25 Earnings Presentation Bharat Wire Ropes Ltd. “Engineering Excellence”
Slide 3: Company Snapshot
Company Snapshot One of the largest manufacturer of Manufacturing capability of Steel Wires, Steel Wire Ropes in India Strands, Slings and Wire Ropes with over thousands of varieties Management with combined Integrated state-of-the-art wire rope plants experience of over three decades with a Total M
Slide 4: Key Drivers for Bottomline
Key Drivers for Bottomline Optimization Of Focus on Value Major Costs Added products Reduction in Debt, Interest & Debottlenecking Improved Capacities Liquidity Wider Improved geographical acceptability of penetration BWR products 3
Slide 5: Company Overview
Company Overview • Bharat Wire Ropes Limited (“BWR”) was originally incorporated in the year 1986, and later in 2010, it Revenues (INR Mn) and EBITDA Margins (%) was acquired by Mr. M L Mittal, current promoter and managing director. The company is headquartered in Mumbai, Maharashtra. 6,218 5,891 •
Slide 6: Product Mix
Product Mix Wire Ropes Strands Slings Steel Wire 6-100 MM of various Mechanically Spliced, Hand High carbon steel wires Description Stay Wire, Structural ranging from 0.3mm to 5.5 construction like 6*19, Spliced, Spelter Sockets and 6*36, 8*19, 35*7 etc. Strands and Earth Wire mm upto 2,360 N/mm^2 S
Slide 7: Applications
Applications Oil & Gas Cranes Mining Offshore Marine Elevator Structural Ship Mooring Roof Structure Ropes Industrial Cranes Speed Arresters Transmission Tower Industrial Cranes Offshore Cranes Suspension Bridge Ropes Elevator Ropes Dragline Drag & Hoist Trawl Warps Mobile Lattice Boom Cranes 6
Slide 8: Product Presence in 55+ countries across the Globe
Product Presence in 55+ countries across the Globe Europe Finland Denmark Estonia Canada Poland UK Germany Ukraine Netherland Belgium Bulgaria North America Italy USA Turkey Azerbaijan Spain Nepal Kuwait Egypt Qatar Bangladesh Saudi UAE Asia Oman India Thailand Arabia Africa Singapore Uganda Indones
Slide 9: Strategic Overview
Strategic Overview Catering to a wider customer base on account of its diversified product offering 4 Industrial Promotion Subsidy equivalent to 100% of eligible Efforts been made to focus on productivity and occupy the investments as per SGST for a maximum of INR 4,350 Mn, of maximum number of mach
Slide 10: Financial Overview
Financial Overview
Slide 11: Key Financial & Operational Highlights
Key Financial & Operational Highlights Operational Highlights: • Geopolitical disturbances in Red Sea has adversely affected supply chain system for international supplies resulting into Q4-FY21 Financial Q1-FY25 FinancialPerformance Performance reduction of sales volumes. Revenue from Operations EB
Slide 12: Key Operational Highlights – Q1-FY25
Key Operational Highlights – Q1-FY25 Volume (In MT) Operational Revenue (INR Mn) 10,316 1,584 9,151 1,335 Q1-FY24 Q1-FY25 Q1-FY24 Q1-FY25 EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margins (%) 412 237 325 181 26.01% 24.34% 14.96% 13.56% Q1-FY24 Q1-FY25 Q1-FY24 Q1-FY25 11
Slide 13: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q1-FY25 Q1-FY24 Y-o-Y Q4-FY24 Q-o-Q Revenue from Operations 1,335 1,584 (15.7)% 1,472 (9.3)% Total Expenses 1,010 1,172 (13.8)% 1,099 (8.1)% EBIDTA 325 412 (21.1)% 373 (12.9)% EBIDTA Margins (%) 24.34% 26.01% (167) Bps 25.34% (100) Bps Depreciatio
Slide 14: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY24 FY23 FY22 Revenue from Operations 6,218 5,891 4,107 Total Expenses 4,577 4,503 3,486 EBIDTA 1,641 1,388 621 EBIDTA Margins (%) 26.39% 23.56% 15.12% Depreciation and amortisation expenses 212 207 214 Finance costs 148 222 234 Other Income 8 7 6 Pr
Slide 15: Historical Balance Sheet
Historical Balance Sheet Particulars (INR Mn) FY24 FY23 FY22 Particulars (INR Mn) FY24 FY23 FY22 Equity 6,606 5,602 4,517 Non-Current Assets 4,842 5,069 5,583 (a) Equity Share Capital 680 679 638 (a) Property, Plant and Equipment 4,750 4,809 4,915 (b) Other Equity 5,926 4,923 3,879 (b) Capital Work
Slide 16: Financial Highlights
Financial Highlights Operational Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margins (%) 962 6,218 1641 5,891 1,388 4,107 622 15.47% 13.56% 10.56% 23.56% 26.39% 24.34% 621 1,335 15.12% 325 181 137 3.34% FY22 FY23 FY24 Q1-FY25 FY22 FY23 FY24 Q1-FY25 FY22 FY23 FY24 Q1-FY25
Slide 17: Capital Market Data
Capital Market Data Stock Price (As on 30th June, 2024) 180% BWR SENSEX 130% 80% 30% -20% Jul-2023 Aug-2023 Sep-2023 Oct-2023 Nov-2023 Dec-2023 Jan-2024 Feb-2024 Mar-2024 Apr-2024 May-2024 Jun-2024 Price Data (As on 30th June, 2024) INR Shareholding Pattern (As on 30th June, 2024) Face Value 10.0 Fo
Slide 18: Disclaimer
Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the d
Slide 19: Thank You
Thank You