Pg Electroplast Limited · NSE:PGEL
Pg Electroplast — Q4 FY2021 Earnings Presentation
24 slides from Pg Electroplast's earnings presentation, Jun 6, 2021
Slide 1: Investor Presentation filing letter to BSE and NSE
* : “ete + ee PG ELECTROPLAST LIMITED PG P-4/2, 4/3, 4/4, 4/5, 4/6, Site-B, UPSIDC CIN-L32109DL2003PLC 119416 Corporate Office: Industrial Area, Surajpur Greater Noida-201306, Distt. Gautam Budh Nagar (U.P) India Phones # 91-120-2569323, Fax # 91-120-2569131 E-mail # info@pgel.in Website # www.pgel.
Slide 2: PG Electroplast Company Update 4Q FY2021
PG Electroplast Company Update 4Q FY2021, June 2021 1
Slide 3: Disclaimer
Disclaimer This presentation has been prepared for informational purposes only. This Presentation does not constitute a prospectus, Offering circular or offering memorandum and is not an offer or initiation to buy or sell any securities, nor shall part or all of this presentation from the basis of,
Slide 4: Agenda
Introduction Quarterly Financials Agenda Quarterly - Key Metrics Strategy & Outlook Historical Financials 3
Slide 5: About PG Electroplast Limited
▪ PG Electroplast Limited (PGEL) is the flagship company of PG Group. While the PG Group had started its journey in 1977, PG Electroplast was formally set up in 2003 and is a leading, diversified Indian Electronic Manufacturing Services provider. ▪ PGEL specializes in Original Design Manufacturing (
Slide 6: Our Journey
AC Outdoor Unit Assembly capabilities developed. Developed and launched ODM platform for Fully Automatic Washing Machines. Developed and launched ODM platform for Air Coolers. Our 2021 Journey 5
Slide 7: Industries Served
Industries Served Air Washing LED Air Automotive Bathroom Consumer Conditioners Machines Televisions Coolers Components Fittings Electronics 6
Slide 8: Key Financials
• The Company has grown ~2.7 times in five years from a revenue of INR 263 crores in 2015-16, to INR 706 crores in 2020-2021 at a 22% CAGR with the EBITDA Key Financials increasing at a 20% CAGR. • Over the past five years, the company has done a cumulative Capital Expenditure of close to INR 220 Cr
Slide 9: Key Clients
Key Clients Flipkart = fy | Haier | ) Honeywell HAVELLS JABIL JOQUOr onZrror KOHLER. LAVA e LG @B wumax*™ motherson all orient Panasonic Refiancecigital Seleeomp £/SANSUI smr’ Sox CO MEIEIN = Whirlpool VOLTAS (GPs rier ) O\idea Crompton
Slide 10: Agenda
Introduction Quarterly Financials Agenda Quarterly - Key Metrics Strategy & Outlook Historical Financials 9
Slide 11: 4QFY2021 Profit & Loss Highlights
• Highest ever Quarterly Revenues, with Sales crossing INR 300 Crores 4QFY2021 Profit for the quarter. • Robust top line growth leads to operating leverage gains. & Loss Highlights • Despite washout of 1Q, topline growth of 10% for full fiscal with improved EBITDA margins. (Figures in FY2020 FY2021
Slide 12: 12M 2021 Balance sheet
12M 2021 Balance sheet As on As on As on As on A. EQUITY AND LIABILITIES B. ASSETS 31.03.2021 31.03.2020 31.03.2021 31.03.2020 (a) Share capital 196.9 195.3 (a) Fixed assets 2725.8 2532.1 (b) Reserves and surplus 1,727.8 1,567.0 (b) Capital Work in Progress 65.6 60.6 Sub-Total - Shareholders' Funds
Slide 13: Agenda
Introduction Quarterly Financials Agenda Quarterly - Key Metrics Strategy & Outlook Historical Financials 12
Slide 14: Financial Metrics
• EBITDA margins improved due to better sales mix and operating Financial leverage. • 3QFY21 high inventory due to one off business of gas charging of Metrics outdoor unit (ODU) of AC is fully normalized. • Revenue growth outlook is improving, while margin outlook is stable. FY2020 FY2021 FY2021 FY2
Slide 15: Business Breakup
• Washing Machine and AC IDU Business has seen robust growth in FY2021, and company is making further investments in the washing Business machine and AC platforms. Breakup • Products business remains the focus area and growth driver for the company. • For FY2022 company is making significant expendi
Slide 16: Major Highlights of 12M FY2021
• Company has been able to grow in FY21 and strengthen its balance sheet despite COVID-19 related challenges. This was primarily due to the company’s past investments in capacities and capabilities. • Due to COVID-19 mandated shutdowns, plants were totally shutdown for April and May 2020. The produc
Slide 17: Agenda
Introduction Quarterly Financials Agenda Quarterly - Key Metrics Strategy & Outlook Historical Financials 16
Slide 18: Industry Outlook
Industry Outlook The Rapid rate of urbanization, Low penetration levels, falling Government reforms such as growth of young population with prices of durables and electronics Digital India, Make in India, Power rising income levels is leading to and changing lifestyle of the for all and Jan Dhan-Aad
Slide 19: Future Growth Strategy: Opportunities & Challenges
Future Growth Strategy • Washing Machines Company foresees large • Room Air conditioner opportunities in plastic • Refrigerators moulding in consumer durables in appliances like: • Ceiling Fans • Sanitaryware products • Air coolers Opportunities in the ODM • Washing machines space for products like:
Slide 20: Future Outlook
Gradual improvement in margins due to better operational efficiencies and Future Outlook higher operating leverage Improving • Product business to drive profitability and growth for the company higher cash- flows, will lead to better capital • Company is developing new efficiency and stronger balanc
Slide 21: Agenda
Introduction Quarterly Financials Agenda Quarterly - Key Metrics Strategy & Outlook Historical Financials 20
Slide 22: Profit & Loss Statement
Profit & Loss Statement Figures in INR Millions Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Net Sales 2,603 3,664 3,994 5,084 6,394 7032 Growth (%) 9.0% 40.8% 9.0% 27.3% 25.8% 10.0% Expenditure 2.422 3,456 3,749 4,777 5,993 6534 Increase/Decrease in Stock (48) 19 (109) (41) (70) 32 Raw Material Consum
Slide 23: Balance Sheet
Balance Sheet A. EQUITY AND March 16 March 17 March 18 March 19 March 20 March 21 B. ASSETS March 16 March 17 March 18 March 19 March 20 March 21 LIABILITIES (a) Share capital 164 164 164 187 195 197 (a) Fixed assets 1456 1620 1785 1921 2532 2726 (b) Reserves and surplus 1,032 1,068 1,144 1,504 1,56
Slide 24: Thank You for Your Time and Consideration!
Thank You for Your Time and Consideration! 23