Isgec Heavy Engineering Ltd. · NSE:ISGEC
Isgec Heavy Engineering — Q2 FY22 Earnings Presentation
34 slides from Isgec Heavy Engineering's earnings presentation, Nov 17, 2021
Slide 1: Stock exchange intimation letter for investor presentation
HO-425-S Date: 17.11.2021 To, To, Bombay Stock Exchange Ltd. National Stock Exchange of India Limited Registered Office: Floor 25, Exchange Plaza, C-1, Block G, P J Towers, Dalal Street, Bandra Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Company Scrip Code: 533033 Company Scrip Code:
Slide 2: Investor Presentation 17th November 2021
Investor Presentation 17 th November 2021 03 February 2020 1
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by ISGEC Heavy Engineering Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for
Slide 4: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Business Highlights 7 Key Investment Highlights 03 February 2020 Investor3Presentation 3
Slide 5: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Business Highlights 7 Key Investment Highlights 03 February 2020 Investor4Presentation 4
Slide 6: ISGEC at a glance
ISGEC at a glance Isgec Heavy Engineering Ltd. is a diversified heavy engineering company engaged in manufacturing and project businesses with an extensive global presence. Isgec manufactures Process Equipment, Presses, Iron & Steel Castings, and Boiler Pressure Parts and its EPC portfolio includes
Slide 7: ISGEC at a glance
ISGEC at a glance Diversified Heavy Engineering Company Robust Balance Sheet Mix of Manufacturing and Project Businesses Net Worth of INR 21,105 Mn (30 September 2021) Mix of Domestic & Export Revenues Strong Credit Rating Wide Spectrum of User Industries Strong Human Capital 4000+ Employees across
Slide 8: Our Journey
Our Journey What started off in 1933 as a Sugar Manufacturing Company has been transformed into a Diversified Heavy Engineering Company with 90% of our Consolidated Revenues coming from Engineering Products and Projects 1933-1990 1991-2010 2011-2015 2016-2021 1933 Company (erstwhile named as Saraswa
Slide 9: Global Footprint - Presence across 91 countries
Global Footprint - Presence across 91 countries Sales from outside India contributed ~18% of Total Revenue in FY21 69% 75% 77% 77% 82% 94% India Global 31% 25% 23% 23% 18% 6% FY17 FY18 FY19 FY20 FY21 HY22 03 February 2020 Investor8Presentation 8
Slide 10: Shareholder Information
Shareholder Information Shareholding structure – 30th September 2021 Shareholder Information as on 30th September 2021 Promoter BSE Ticker 533033 NSE Symbol ISGEC 28.9% Mutual Funds Market Cap (INR Mn) 52,882 % Free- float 38% Free Float Market Cap (INR Mn) 19,868 2.0% 62.4% FIIs 6.7% Shares Outstan
Slide 11: Our Team
Our Team Board of Directors Management Team Mr. Ranjit Puri Chairman & Promoter Mr. S.K. Khorana Executive Director & Company Secretary Mr. Aditya Puri Managing Director & Promoter Power Plants, Material Handling, Mr. PVN Sanjay Business Head Whole-time Director & Head - Factories & Civil Constructi
Slide 12: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Business Highlights 7 Key Investment Highlights 03 February 2020 11Presentation Investor 11
Slide 13: State-of-the-art Infra & Manufacturing Capabilities
State-of-the-art Infra & Manufacturing Capabilities EPC Offices Yamunanagar, Haryana • Noida, UP Pressure Vessels & Heat Exchangers, Presses, Boilers, Containers, • Chennai, Tamil Nadu Castings, Sugar and other Industrial • Pune, Maharashtra Machinery Rattangarh, Haryana Boiler Components, Headers,
Slide 14: Building Strength with Technology Partnerships
Building Strength with Technology Partnerships Amec Foster Wheeler, USA Fuel Tech Inc., USA - for Feedwater Heaters and Surface Condensers - for reduction of Particulate Matter emissions by use of (now with Wood Group, UK) Electrostatic Precipitators performance improvement technologies (especially
Slide 15: Engineering for Excellence - Our Business Segments
Engineering for Excellence - Our Business Segments ISGEC is a significant global player across business areas in Manufacturing and EPC Manufacturing Engineering & Projects Process Equipment Sugar Plants & Distilleries Iron & Steel Castings Air Pollution Control Equipment Industrial Boilers Boiler Tu
Slide 16: Catering to Wide Spectrum of Industries
Catering to Wide Spectrum of Industries Railways Power Fertilizer Cement Mines Ports Oil & Gas Steel Chemical Space Automobiles Defence Sugar Distillery Paper Water Treatment 03 February 2020 15Presentation Investor 15
Slide 17: Serving Global and Domestic Clients
Serving Global and Domestic Clients 03 February 2020 16Presentation Investor 16
Slide 18: Technology Infusion across the Years
Technology Infusion across the Years 1964 1985 1998 200 200 2010 2012 2016 2017 2020 2021 6 9 Babcock John Thompson, Power USA UK Wet FGDs Boilers Envirotherm, Germany ESPs Riley HITZ Power USA Critical Process BHI FW Corporation USA, Process Rovetta Presse, Italy Equipment Combustion modification F
Slide 19: Standing Strong with Global Quality Benchmarks
Standing Strong with Global Quality Benchmarks Conformitè Europëenne Quality Management System–Approved by Lloyds Register of Quality Assurance Environment Management Occupational Health & Safety System-Approved by DNV GL Management System Business Assurance National Board, USA, 'R’ Symbol, 'S' 'U'
Slide 20: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Business Highlights 7 Key Investment Highlights 03 February 2020 19Presentation Investor 19
Slide 21: Positioned No.1 / No. 2 in most Business Lines
Positioned No.1 / No. 2 in most Business Lines Market Leadership Rankings Hydraulic & Mechanical Presses Process Equipment Sugar Plants Slop Fired Boilers ET 500 236 (2020) CFB Boilers Oil & Gas Boilers Fortune India 500 220 (2020) Traveling Grate Boilers Bubbling Bed Boilers Liquefiable Gas Contain
Slide 22: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Business Highlights 7 Key Investment Highlights 03 February 2020 21Presentation Investor 21
Slide 23: COVID-19 Update – Q2 FY 2022
COVID-19 Update – Q2 FY 2022 • All factories are now working at full capacity. Project Sites are largely working at full capacity, though there continue to be some shortages of skilled manpower • Supplies from Vendors are available normally • All safety precautions are being taken at sites and facto
Slide 24: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Business Highlights 7 Key Investment Highlights 03 February 2020 23Presentation Investor 23
Slide 25: Performance Highlights
Performance Highlights Q2FY22 –Profitability impacted due to commodity price increases and time and cost In INR Mn overruns in projects Revenue EBITDA PAT 13,516 13,792 11,335 1,475 778 YoY QoQ YoY QoQ YoY QoQ 534 2% 22% 66% 7% 495 87% 138 27% 101 Q2FY21 Q1FY22 Q2FY22 Q2FY21 Q1FY22 Q2FY22 Q2FY21 Q1F
Slide 26: Financial Performance Trend
Financial Performance Trend In INR Mn Revenue EBITDA PAT 59,142 5,069 2,483 2,531 54,773 4,853 50,507 40,559 38,259 3,540 3,350 3,567 1,684 1,440 1,491 25,127 1,029 238 FY17 FY18 FY19 FY20 FY21 H1 FY22 FY17 FY18 FY19 FY20 FY21 H1 FY22 FY17 FY18 FY19 FY20 FY21 H1 FY22 Segment Revenue Reduction in pro
Slide 27: Financial Performance Trend
Financial Performance Trend Total Debt/ Equity Interest Coverage Ratio Turnover ratio 7.8 0.5 0.5 13.6 6.9 6.4 0.4 10.0 10.9 4.9 5.04.9 4.9 0.3 7.1 4.1 4.0 4.1 0.2 6.3 3.2 3.3 0.1 2.4 FY17 FY18 FY19 FY20 FY21 H1 FY17 FY18 FY19 FY20 FY21 H1 FY17 FY18 FY19 FY20 FY21 H1 FY22 FY22 FY22 Fixed Assets Inve
Slide 28: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Business Highlights 7 Key Investment Highlights 03 February 2020 27Presentation Investor 27
Slide 29: Order Book Composition
Order Book Composition Others Private 13% PSU & 60% Power Government 28% 40% Sector wise Steel, Cement & Aluminum 14% Industry wise composition Export Chemicals, 12% Petrochemicals & Fertilizers Sugar 7% Geography 10% wise Refineries Railways 20% 8% Domestic 88% 03 February 2020 Order Book Rs. 75,18
Slide 30: Highlights of new orders booked
Highlights of new orders booked • 175 KLPD Molasses Based Distillery Plant with Incineration Boiler, Power House, Fire Safety System & Balance of Plant from a large sugar company • Order for one 300 TPH Gas Fired Boiler from an engineering and Infrastructure company for an Oil Refinery • Order for o
Slide 31: Update on the Projects
Update on the Projects Ethanol Distillery at Saraswati Sugar Mills Ltd The ethanol plant is complete and the commercial production is expected to start in end November 2021. 03 February 2020 30Presentation Investor 30
Slide 32: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Business Highlights 7 Key Investment Highlights 03 February 2020 31Presentation Investor 31
Slide 33: Key Investment Highlights
Key Investment Highlights Presence in Comfortably Leadership Continued Geographically Constant Multiple Core placed to position in focus on niche diversified Forays into Sectors- Survive Down most technologies portfolio Futuristic Spreading cycles businesses mitigating Business Market Risk concentra
Slide 34: Thank You
THANK YOU ISGEC HEAVY ENGINEERING LIMITED, INDIA skkhorana@Isgec.com | www.isgec.com Registered Office Radaur Road, Yamunanagar - 135001, Haryana, India CIN No.: L23423HR1933PLC000097 03 February 2020 33
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