Ramkrishna Forgings Ltd · NSE:RKFORGE
Ramkrishna Forgings — Investor Presentation (October 2023)
29 slides from Ramkrishna Forgings's investor presentation, Oct 20, 2023
Slide 1: Regulation 30 disclosure cover letter
RAMERISHNA FORGINGS LIMITED Date: 20 October, 2023 To To The Listing Department The Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, “Exchange Plaza” C-1, Block G, Dalal Street, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 001 Mumbai- 400 051 BSE S
Slide 2: Corporate Presentation – October 2023
Corporate Presentation – October 2023
Slide 3: About Ramkrishna Forgings
About Ramkrishna Forgings
Slide 4: Second largest forging player in India
Second largest forging player in India1 Vision, Mission & Core Values Vision To Create Value for all business partners, shareholders and customers in all areas of business Ramkrishna Forgings Limited is associated while demonstrating world-class standards of Sustainability, Social Responsibility and
Slide 5: Journey till date
Journey till date Company Investment Received equity Commissioned 2 Raised ₹2,000mn Commissioned Incorporation from UTI Venture and debt funding of its Press Lines via QIP 7,000T Press Funds Management from IFC of 6,300T & Line Company (Ascent 12,500T Capital Limited) Equity funding from Commissione
Slide 6: Ramkrishna Forgings – At a Glance
Ramkrishna Forgings – At a Glance* 2nd 2,000+ 20 40+ years 210,900T Largest Forging Company Products across Countries served with Promoter’s experience in Installed Capacity4 in India1 Auto and Non-Auto strong footprints in the Forging industry Components North America and Europe Financial Metrics 1
Slide 7: A large and a diversified product portfolio across Auto…
A large and a diversified product portfolio across Auto… [1/2] Front Axle & Steering I Beam Knuckle Steering Arm Tie Rod Arm Sector Shaft Front Hub Auto Component – Revenue Share (%)* Engine Crankshaft Camshaft Connecting Rod Piston Pitman Arm FY21 FY23 Suspension & Chassis 88.35% 87.61% BC Lever As
Slide 8: And Non-Automotive Categories
And Non-Automotive Categories [2/2] Tractors & Tillers Rear Axle Crown Wheel Transmission 1,2,3 & 4 Cyl Forged Crankshafts Shafts & Pinion Shafts & Gears Earth Moving Bucket Backhoe Shovel Track Link Track Roller Bucket Tooth Pivot Pin Prop Shaft Bearing Bucket Centre Railways Bogie Frame – Fully As
Slide 9: … enjoying growing global footprints
… enjoying growing global footprints Revenue (₹ in Lakhs) By Geography With consistently growing exports 145.32% 1,25,243.89 96,351.49 39.61% FY21 51,052.81 60.39% FY21 FY22 FY23 (₹ in Lakhs per Tonne) Export Domestic Realisation* 1.90 1.74 1.44 39.23% FY23 60.77% 1.92 2.18 2.51 Headquarter & Manufa
Slide 10: Strategically located Manufacturing Infrastructure
Strategically located Manufacturing Infrastructure Proximity to automobile manufacturing hubs, key suppliers & key export hubs o RKFL’s facilities in eastern India are located in close proximity to automobile manufacturing hubs and key suppliers of raw material • Less chance of supply interruptions
Slide 11: Technology powered by in-house R&D and testing capabilities
Technology powered by in-house R&D and testing capabilities In-house R&D and testing capabilities Digital tools Impact Our Targets Auto CAD Unigraphics Commercial computer aided CAD/CAE/CAM design and drafting software software product application Product Enhanced Innovation Product Quality 56 Membe
Slide 12: Growth Strategies
: QSMs , WAGNER PAV NinG
Slide 13: Multiple vectors to accentuate growth and increase profitability
Multiple vectors to accentuate growth and increase profitability Global Markets Further enhance geographic 1 presence to capture global 01 market opportunities Expanding Capabilities Expand our manufacturing 4 capacities 04 Diversification Strategy Continue the diversification 2 strategy with increa
Slide 14: Accelerated growth through inorganic/strategic initiatives
Accelerated growth through inorganic/strategic initiatives Target Rationale/Synergistic Benefits o Enable to manufacture and supply the entire differential assembly and trailer axle assembly consisting of Castings and Forgings o Strengthen presence in Passenger Vehicles (PV), Light Commercial Vehicl
Slide 15: Financial Performance
\. QSmMs , WAGNER FAW NING od Scott a Financial Performance fs gy to =4
Slide 16: Key performance indicator (Consolidated)
Key performance indicator (Consolidated) (₹ in lakhs) Revenue from Operations EBITDA & EBITDA Margin1 PAT & PAT Margin (%)2 22.28% 21.68% 1.60% 8.53% 7.77% 17.28% 147.72% 210.87% 1,100.43% 3,19,289.51 69,231.88 24,810.84 2,32,024.66 51,699.20 19,802.69 1,28,893.21 22,270.58 2,066.83 FY21 FY22 FY23 F
Slide 17: Strong key ratios
Strong key ratios ROCE (%) ROE (%) 19.97% 18.36% 18.77% 14.41% 19.96% 20.00% 20.81% 18.23% 5.65% 2.34% FY21** FY22 FY23 H1FY23# H1FY24# FY21** FY22 FY23 H1FY23# H1FY24# Fixed Asset Turnover (x) Net Debt to EBITDA (x) 4.90 1.83 1.88 1.89 1.48 2.60 2.05 1.67 1.69 0.86 FY21** FY22 FY23 H1FY23# H1FY24#
Slide 18: Experienced Board
Experienced Board Board of Directors Mr. Mahabir Prasad Jalan Mr. Naresh Jalan Mr. Pawan Kumar Kedia Mr. Chaitanya Jalan Mr. Lalit Kumar Khetan Director Managing Director Whole-time Director Whole-time Director Whole-time Director Mr. Amitabha Guha Mr. Ram Tawakya Singh Mr. Partha Sarathi Bhattachar
Slide 19: Appendix
Appendix
Slide 20: Consolidated Income Statement
Consolidated Income Statement Particulars (₹ in lakhs) FY21 FY22 FY23 H1 FY23 H1 FY24 Revenue from Operations 1,28,893.21 2,32,024.66 3,19,289.51 1,52,377.25 1,87,382.67 Cost of Material consumed 64,044.84 1,16,072.88 1,61,053.28 77,201.42 98,818.50 Gross Profit 64,848.37 1,15,951.78 1,58,236.23 75,
Slide 21: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹ in lakhs) FY21 FY22 FY23 H1 FY23 H1 FY24 Net block (Property, plant and equipment + Capital work-in-progress) 1,49,981.31 1,56,576.93 1,74,772.26 1,61,810.28 1,98,254.92 Goodwill + Intangible assets + Right-of-use assets 1,617.78 3,691.23 3,570.69 4,087.91 1
Slide 22: Consolidated Cash Flow
Consolidated Cash Flow Particulars (₹ in lakhs) FY21 FY22 FY23 H1 FY23 H1 FY24 Cash Flow from Operating Activities Profit before Tax 3,174.20 25,320.03 37,443.82 17,447.47 21,382.22 Adjustment for Non-Operating Items 18,921.41 24,673.62 27,992.50 13,189.18 17,174.52 Operating Profit before changes i
Slide 23: Our Commitment
: QSMs , WAGNER PAV NinG
Slide 24: Delivering shared value to planet, people and stakeholders through our ESG Vision
Delivering shared value to planet, people and stakeholders through our ESG Vision ENVIRONMENTAL ROBUST CONSCIOUSNESS GOVERNANCE We will take sustained efforts Following an effective governance towards creating a healthy planet by model and focus on business reducing our carbon footprint, integrity t
Slide 25: Preserving and protecting the environment across our operations
Preserving and protecting the environment across our operations Our Targets Our Approach Our Achievements so far • Decrease in overall waste through the 3R approach • Establishing effluent treatment plant and sewage treatment plant across plant premises 260 KLD Effluent Treatment Plant Capacity • In
Slide 26: Aspiring to be employer and partner of choice
Aspiring to be employer and partner of choice Our Targets Our Approach Our Achievements so far • Launch of wellbeing program focused on employees’ mental and physical • Facilitating “Swachh Bharat Abhiyan” through the “Keep Your City Clean Project” 60 litter bins Installed and maintained in Jamshedp
Slide 27: Aspiring to be employer and partner of choice
Aspiring to be employer and partner of choice Our Targets Our Approach Our Achievements so far • Train all permanent employees to live the values to be set out in a Code of • Implement company-wide employee code of conduct Employee CoC being revised to ensure company-wide Conduct • Integrating the c
Slide 28: Safe harbor
Safe harbor This presentation is issued by Ramkrishna Forgings Limited (the “Company”) for general information purposes only, without regard to any specific objectives, suitability, financial situations and needs of any particular person. This presentation does not constitute any recommendation or f
Slide 29: THANK YOU
THANK YOU COMPANY : Ramkrishna Forgings Limited CIN : L74210WB1981PLC034281 Mr. Lalit Kumar Khetan (Whole Time Director & CFO) E: lalit.khetan@ramkrishnaforgings.com www.ramkrishnaforgings.com
Ramkrishna Forgings — Investor Presentation (October 2023) on 6ix