Hpl Electric & Power Limited · NSE:HPL
Hpl Electric & Power — Q2 FY24 Earnings Presentation
33 slides from Hpl Electric & Power's earnings presentation, Nov 8, 2023
Slide 1: Regulation 30 disclosure cover letter to exchanges
8th November, 2023 The Manager, BSE Limited Listing Department, 25th Floor, New Trading Ring, Rotunda National Stock Exchange of India Ltd. Building, PhirozeJeejeebhoy Towers, “Exchange Plaza”, C-1, Block G, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai – 400 051 Symb
Slide 2: HPL Electric & Power Limited Results Update Q2FY24 & H1 FY24
www.hplindia.c o m HPL ELECTRIC & POWER LIMITED Results Update Q2FY24 & H1 FY24 www.h p lin d ia.co m Slide | 1
Slide 3: Disclaimer
Disclaimer This presentation and the following discussion may contain “forward looking statements” by HPL Electric & Power Limited (“HPL” or the Company) that are not historical in nature. These forward looking statements, which may include statements relating to future results of operations, financ
Slide 4: Discussion
Discussion Summary 01 Company Overview 02 Q2FY24 & H1 FY24- Performance Update * 03 Business Strategy * www.hplindia.c o m Slide | 3
Slide 5: Company Overview
Slide | 4 www.hplindia.c o m 01 Company Overview
Slide 6: Trusted Electric Equipment Manufacturer
01 Trusted Electric Equipment Manufacturer www.hplindia.c o m Company Overview § ‘One-stop shop’ offering wide range of low-voltage electric products - v Metering Solutions (conventional and smart meters) Profile v Switchgears v Lighting Products § v Wires & Cables Innovative, quality and technologi
Slide 7: Wide-Ranging Product Portfolio
www.hplindia.c o m Company Overview Wide-Ranging Product Portfolio Metering Solutions Industrial Switchgears Domestic Switchgears Lighting Equipment Wires and Cables Domestic Smart Meter Industrial Applications Applications Consumer LED Products ACB MCCB Osafe Techno Fire Resistant MCB (N) MCB Aries
Slide 8: State of Art Manufacturing Facilities
www.hplindia.c o m Company Overview State of Art Manufacturing Facilities Product Segments Capacity (per annum) Electronic Meters 11 million units Lighting Equipment 26 million units Gurugram Jabli Switchgear 16 million units Facility I: Electronic Meters, R&D Center Facility I: Switchgear, Electron
Slide 9: Strong R&D Thrust - Consistent Technology Upgradation
www.hplindia.c o m Company Overview Strong R&D Thrust - Consistent Technology Upgradation Continuous R&D to Launch and Market Exciting New Innovative Products Professional Lighting Switchgear • 2 R&D facilities in Gurugram & Kundli with ACDC DSL Changeover 200W Flood light in Modular Lens more than
Slide 10: Established Pan-India Distribution Network & Brand Presence
www.hplindia.c o m Company Overview Established Pan-India Distribution Network & Brand Presence Established Pan-India Distribution Network & Brand Presence To Capture Significant Growth Potential In Electrical Equipment Industry 90+ Branch & Representative Offices Head Office Srinagar Branch Office
Slide 11: Extensive Experience, Established Relationships, Strong Credentials
www.hplindia.c o m Company Overview Extensive Experience, Established Relationships, Strong Credentials Strong execution, established relationships and strong pre-qualification credentials make HPL a preferred supplier of specialised electrical equipment Extensive Experience Established Relationship
Slide 12: Q2FY24 & H1 FY24 Performance Update
02 Q2FY24 & H1 FY24 www.hplindia.c o m Performance Update Slide | 11
Slide 13: Q2FY24 & H1 FY24 Salient Highlights
www.hplindia.c o m Performance Update Q2FY24 & H1 FY24 Salient Highlights • The Company registered revenue growth with an increase by 15.94% YoY in Q2FY24 and 12.26% YoY in H1 FY24. • Metering & Systems segment revenue growth of 25.94% in Q2 FY24 and 23.01% in H1 FY24. • Consumer & Industrial segmen
Slide 14: Q2FY24 & H1 FY24: YoY Performance Analysis
Performance Update www.hplindia.c o m Q2FY24 & H1 FY24: YoY Performance Analysis Net Revenues & Gross Margin (%) EBITDA & EBITDA Margin % PAT & PAT Margin (%) Q2 FY24 (in ₹ crore) 33.8% 34.3% EBITDA Margin Gross Margin Net Revenue 12.5% 13.5% PAT Margin 2.08% 3.15% 350 EBITDA 302 47 11.0 PAT 38 6.3
Slide 15: Q2FY24: YoY Segment Analysis
www.hplindia.c o m Performance Update Q2FY24 : YoY Segment Analysis (in ₹ crore) Segment Net Revenue & EBIT Margin 350 303 145 140 % EBIT Margin Q2 FY23 Q2 FY24 205 163 n Metering & Systems 13.45% 14.96% n Consumer & Industrial 11.73% 11.85% Q2 FY23 Q2 FY24 Segment Revenue Share % 42% n Metering & S
Slide 16: H1FY24: YoY Segment Analysis
www.hplindia.c o m Performance Update H1FY24 : YoY Segment Analysis (in ₹ crore) Segment Net Revenue & EBIT Margin 671 598 290 288 % EBIT Margin H1 FY23 H1 FY24 381 13.17% 14.67% 310 n Metering & Systems n Consumer & Industrial 11.90% 11.56% H1 FY23 H1 FY24 Segment Revenue Share % 43% n Metering & S
Slide 17: Company Performance Analysis
Performance Update www.hplindia.c o m Q2FY24 & H1 FY24: Company Performance Analysis • The Company registered a robust performance YoY with revenue growth of 15.94% in Q2 FY24 to ₹ 350 crore as compared to ₹ 302 crore in Q2 FY23. • The Company has delivered revenue growth of 12.26% YoY in H1 FY24 at
Slide 18: Update & Business Outlook
Q2FY24 & H1 FY24 Performance Update www.hplindia.c o m Update & Business Outlook • The company is holding a strong and stable order book and executing the current order on a fast-track mode to maintain a healthy execution of the current pipeline. • Smart Meters are the next game changer in the growt
Slide 19: Expanding its Global Footprint
www.hplindia.c o m Q1 FY24 Performance Update Expanding its Global Footprint HPL exports continue to see growth in orders of 9.3% in H1 FY24. HPL’s pending order book gives a good near-term sales visibility in the coming quarters. Turkey Lebanon United Kingdom Jordon Syria Iraq Germany Kuwait • HPL
Slide 20: Consolidated Profit & Loss Statement
www.hplindia.c o m Performance Update Q2FY24 & H1 FY24 Consolidated Profit & Loss Statement Particulars (In ₹ Crore) Q2 FY24 Q2 FY23 YoY% H1 FY24 H1 FY23 YoY% Revenue from Operations 350.45 302.28 15.94% 671.20 597.87 12.26% COGS 230.12 200.22 14.93% 444.81 396.61 12.15% Gross Profit 120.33 102.06 1
Slide 21: Consolidated Balance Sheet
www.hplindia.c o m Performance Update Q2FY24 & H1 FY24 Consolidated Balance Sheet Equity And Liabilities (In ₹ Crore) Sep-23 Mar-23 Assets (In ₹ Crore) Sep-23 Mar-23 Shareholder's Fund 813.19 795.35 Non-Current Assets 499.23 497.47 Equity Share Capital 64.30 64.30 Property, plant and equipment 451.4
Slide 22: Amplified our Brand Presence Through Marketing Campaigns
“Garnered Reach of Over 20 Million” www.hplindia.c o m Q2FY24 & H1FY24 Performance Update Amplified our Brand Presence Through Marketing Campaigns – Social Media Handles Amplifying Our “Social Media” Presence - Conducted as well as Sponsored various Industrial Webinars and Virtual Exhibitions Slide
Slide 23: Elite Dealers Conference visit to Thailand
Q2FY24 & H1FY24 Performance Update www.hplindia.c o m 150+ Elite Dealers Conference visit to Thailand (8th - 11th September 2023) Slide | 22
Slide 24: Electrician & Retailer Meets
Q2FY24 & H1FY24 Performance Update www.hplindia.c o m Electrician & Retailer Meets 03 02 01 Electrician Meet, Jammu Electrician Meet, Jalandhar Electrician Meet, Srinagar 06 04 05 Electrician Meet, Nagpur Slide | 23 Electrician Meet, Mumbai Electrician Meet, Varanasi
Slide 25: Electrician & Retailer Meets
Q2FY24 & H1FY24 Performance Update www.hplindia.c o m Electrician & Retailer Meets 02 01 Retailer Meet, Madurai Retailer Meet, Haryana 04 03 Slide | 24 Stall at CWE office, MES Day Celebration Stall at CWE office, MES Day Celebration
Slide 26: Spreading the Brand Presence
Q2FY24 & H1FY24 Performance Update www.hplindia.c o m Slide | 25 Spreading the Brand Presence
Slide 27: Business Strategy
Slide | 26 www.hplindia.c o m 03 Business Strategy
Slide 28: Future Business Strategy for Value Creation
www.hplindia.c o m Business Strategy Future Business Strategy for Value Creation • Commands a ‘market share of ~20%’ in the domestic meters market with an ‘installed Leading Electric Meter Manufacturer capacity of 1.1 crore meters per year’ Fully Geared To Meet • Well Positioned to Capitalize on the
Slide 29: Smart Meters - Game Changing Initiative With Enormous Potential
www.hplindia.c o m Business Strategy Smart Meters – “Game Changing Initiative” With Enormous Potential • What is the opportunity size? Smart Meter Suppliers v Meters with embedded software to enable automation and communication v Ministry of Power plans to install 25 to 30 crore smart meters across
Slide 30: Smart Meters - An Industry leader with Cutting-edge innovation
Business Strategy www.hplindia.c o m Smart Meters – “An Industry leader with Cutting-edge innovation” Capacity Expansion & Automation in • What sets HPL’s smart meters apart? Metering plant, Gurgaon v HPL’s meters have embedded software to enable automation, data collection, and customization equipp
Slide 31: Fuelling Innovation Across Industries: Transformative Potential of 5G
www.hplindia.c o m Fuelling Innovation Across Industries: The “Transformative Potential” of 5G HPL’s Competitive Edge Extensive • Leadership in smart metering and power ü Expertise & solutions, HPL Electric & Power Ltd. bringing Product Portfolio a wealth of experience to the 5G market Government Su
Slide 32: Focus on Driving Healthy Growth in The Consumer Business
www.hplindia.c o m Business Strategy Focus on Driving Healthy Growth in The ‘Consumer’ Business • ‘Consumer’ segment includes Non-utility Metering, Switchgear, Lighting, and Wires & Cables. • HPL is looking to drive healthy growth in this business by using a 3-pronged approach 1. Enhancing distribut
Slide 33: Thank You
Thank You www. hp l ind ia. co m Mr. Gautam Seth Joint Managing Director & CFO Email: gautamseth@hplindia.com v Ms. Shankhini Saha Email: hpl@dickensonworld.com