Kirloskar Brothers Ltd. · NSE:KIRLOSBROS
Kirloskar Brothers — Q2 FY2023 Earnings Presentation
70 slides from Kirloskar Brothers's earnings presentation, Nov 12, 2022
Slide 1: Stock exchange intimation letter
SEC/ F:22 November 12, 2022 BSE Limited National Stock Exchange of India Ltd., Corporate Relationship Department, 5th Floor, Exchange Plaza, 2nd Floor, New Trading Ring, Bandra (East) Phiroze Jeejeebhoy Towers, Mumbai – 400 051. Dalal Street, Mumbai-400001. (BSE Scrip Code – 500241) (NSE Symbol - KI
Slide 2: Kirloskar Brothers Limited Q2FY23 Investor Presentation
Kirloskar Brothers Limited Q2FY23 Investor Presentation
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Kirloskar Brothers Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 4: Table of Content
Table of Content 01 About Us 04 Financial Highlights Historical Performance at a 02 Strategic Focus 05 Glance Our Joint Ventures & Notable Projects 03 06 Subsidiaries 3
Slide 5: Our Purpose – Vision – Mission – Values
Our Purpose – Vision – Mission – Values Our Purpose Our Values • Teamwork with Mutual Trust and Empathy Enriching Lives. Transcending • Commitment towards the Environment Boundaries. • Integrity and Accountability Our Mission • Speed and Accuracy • Progressive and Proactive To lead the industry thro
Slide 6: Company at Glance
Company at Glance Inherent Strength Global Capabilities Catering to Presence Since Employee Strength Built Over Time 6 Domestic & 5 6 Continents & 130+ Years International Plants 6,000+ 100+ Countries Strong Brand Portfolio Diversified Product Product Offering SKUs Diversified Active Customer Portfo
Slide 7: Legacy of 130+ Years
Legacy of 130+ Years IDEATE INNOVATE IMPLEMENT 1888-1920 1941-1958 1988-2009 2010-2020 2021 Onwards Strategic & Establishment Restructuring Acquisition Phase Technology Monetize Phase Phase Expansion • 1988 : Established Kirloskar Ebara Pumps Ltd. & Acquired • 2010 : Acquired Braybar Pump PTY • Mone
Slide 8: Our Business & Product Line
Our Business & Product Line Our Business & Application Our Product Line Large & Medium pumping solutions Small pumps for day-to-day use at Flow up to 120,000 m³/hr. for complex fluid management households and farms 75+ Types of Pumps (528,000 US GPM) system Valves for industrial and large-scale Pump
Slide 9: Our Innovative Solutions
Our Innovative Solutions Solar Pumping System Pump Selection Package Fire Pump Monitoring Lowest Life-Cycle Cost (LLC)™Pump Sodium Pumps for Nuclear Power Plant Kirlosmart Condition Monitoring Augmented Reality Mobile Training Canned Motor Pump Additive Manufacturing 3D Printer 8
Slide 10: Global Footprint Through Local Presence
Global Footprint Through Local Presence Atlanta, USA Coleford, Almelo Shirwal, India Sanand, India Karad Projects and Motors Jebel Ali, United Kingdom The Netherlands Ltd UAE Egypt Dewas, India Johannesburg, Bangkok, Thailand South Africa Kirloskarvadi, India Legend Global Headquarters Manufacturing
Slide 11: High Qualified Management Team
High Qualified Management Team Mr. Sanjay Kirloskar Mr. Alok Kirloskar Chairman & Managing Director Managing Director – Kirloskar Brothers International B.V. • Mr. Sanjay Kirloskar holds a Bachelor’s in Science degree in • Bachelor in Business Administration with a concentration Mechanical Engineeri
Slide 12: Board of Directors
Board of Directors Mr. Pratap B. Shirke Mr. M. S. Unnikrishnan Non-Executive & Non-Independent Director Independent Director • Former Managing Director & CEO of the • Holds master’s degree from Stanford University, Thermax Group . Currently he is on the Board of USA. Holds directorship on various gl
Slide 13: Board of Directors
Board of Directors Ms. Ramni Nirula Mr. Amitava Mukherjee Independent Director Independent Director • Retired as Senior General Manager of ICICI Bank • Holds Master’s degree in Management from the Limited. She has more than 4 decades of experience Asian Institute of Management, Manila and a in the f
Slide 14: Long Standing Relationships with Marquee Clientele
Long Standing Relationships with Marquee Clientele.. Note: Logo belongs to the respective owners 13
Slide 15: Our Global Partnerships
Our Global Partnerships Note: Logo belongs to the respective owners 14
Slide 16: Awards & Accolades
Awards & Accolades Appreciation by His Royal Kirloskarvadi & Dewas – KBL’s Dewas plant won Highness the King of Both Facilities are the prestigious Total Thailand for KBL’s presence Greenco Gold certified Productive Maintenance on-site at the Mae Sai cave Dewas – First pump (TPM) award by Japan to o
Slide 17: ESG Initiatives
ESG Initiatives Environmental Social Governance • Owned renewable energy sources such as solar • CSR: Vikas Charitable Trust established in 1994 for • Sustainability reporting since 2009-10 and power and wind power contribute to 20%-30 % of CSR activities. integrated reporting since 2018-19. the tot
Slide 18: Corporate Social Responsibility
Corporate Social Responsibility Examples of our CSR activities in India • Supporting creation of clean water source for underprivileged school kids • Health-check, eye-check camps and Vaccination camps • Tree Plantation • Donating first aid boxes and water pumps to schools of underprivileged school
Slide 19: Corporate Social Responsibility
Corporate Social Responsibility All-women operated manufacturing facility in Kaniyur and 35% women workforce in Sanand factory is a testimony to the importance that it bestows towards gender equality and women empowerment. 18
Slide 20: CSR Initiatives in India
CSR Initiatives in India KBL conducts an array of activities and campaigns throughout the year Primarily, the company focuses on three areas for its CSR contributions Education, Healthcare, and Environment through the Vikas Charitable trust and Sou. Radhabai Trust Kirloskar High School Hospital Kera
Slide 21: CSR Initiatives Outside India
CSR Initiatives Outside India During Thai cave rescue, KBL sent our multi-national team of experts comprising of members from KBL (India), KBTL (Thailand) and SPP Pumps (UK), who were present on-site at the Mae Sai cave to offer their technical expertise during the rescue operation to support the Th
Slide 22: Table of Content
Table of Content 01 About Us 04 Financial Highlights Historical Performance at a 02 Strategic Focus 05 Glance Our Joint Ventures & Notable Projects 03 06 Subsidiaries 21
Slide 23: A Unique Value Proposition
A Unique Value Proposition • From Conceptualization to Manufacturing to End to end offering – Implementation has resulted into offering complete • KBL is a global company with local presence across all One Stop Solution basket of solutions to the customers across multiple major trading blocks. indus
Slide 24: …And Improving Product Mix
…And Improving Product Mix 8% 7% 15% 13% 16% 18% 14% 17% 54% 26% 24% 28% 24% 15% 12% 50% 51% 47% 43% 20% FY2010 FY2015 FY2017 FY2021 FY2022 Made to Stock Made to Order Engineered to Order Projects - Trading & Civil Only KBL (Standalone) has a presence in EPC/Projects Business. No international subsi
Slide 25: ..Coupled with Multiple Triggers to Drive the Growth Momentum
..Coupled with Multiple Triggers to Drive the Growth Momentum Recurring Revenue Stream Large System Integrators Growing revenue share from Framework Contracts & Selectively supplying to large system integrators and services Subscription Platform to counter the cyclicality & providers for Government
Slide 26: Staying Ahead of the Curve through Digital Initiatives
Staying Ahead of the Curve through Digital Initiatives • Over a decade, KBL has strategically invested in various strategic digital initiatives like Virtual Reality (VR), Augmented Reality (AR), Artificial Intelligence (AI) , Internet of Things (IoT) and 3-D Printing - Provides Technological Advanta
Slide 27: Subscription Platform - Creating Market Opportunity
Subscription Platform - Creating Market Opportunity Subscription platform is aimed towards leveraging the technological and domain expertise to create a scalable and sustainable business Traditional Solution Market Opportunities • Manage customer site, refurbish, repair & upgrade all the pumps in ph
Slide 28: Way Ahead….
Way Ahead…. KBL has strategically reduced EPC business exposure and increased contribution from Services & Value-Added Products Reduced EPC Business exposure Reduced Exposure to EPC business • KBL has reduced exposure towards low margin, lumpy and working capital Increased focus on intensive EPC ord
Slide 29: Table of Content
Table of Content 01 About Us 04 Financial Highlights Historical Performance at a 02 Strategic Focus 05 Glance Our Joint Ventures & Notable Projects 03 06 Subsidiaries 28
Slide 30: Group Structure
Group Structure Kirloskar Brothers Ltd. (India) Kirloskar Brothers International The Kolhapur Steel Ltd. Karad Projects & Kirloskar Corrocoat Pvt. Kirloskar Ebara Pumps B.V. (The Netherlands) (100%) (99.74%) Motors Ltd. (100%) Ltd. (65%) Ltd. (45%) (India) SPP Pumps Kirloskar Pompen B.V. Rodelta Pum
Slide 31: Leveraging the localised global presence
Leveraging the localised global presence KBL is leveraging the localised global presence through cost-synergies, duty-free access and local sourcing norms Duty-free Access & preference to Local Manufacturers ▪ Provides duty-free access to fast-growing ASEAN region through value addition done in Thai
Slide 32: SPP Pumps Limited, United Kingdom
SPP Pumps Limited, United Kingdom Genesis Product Profile • 130+ years of heritage • Lowest Life Cycle Pumps for water supply and • R&D, manufacturing and test facilities in the UK industrial • Fire fighting pumps Strategy • Worldwide revenues of £76m ( ~30% of consol. ✓ Leading digital & innovative
Slide 33: SyncroFlo Inc., The United States of America
SyncroFlo Inc., The United States of America Genesis Product Profile • Leading American pump packager • Plumbing & HVAC Systems: Ironheart PR, • Wholly-owned Subsidiary of SPP Pumps Ironheart LT, ES Ironheart, VMS Ironheart, Limited Custom Commercial, Heat Transfer Systems, Strategy • The 1st compan
Slide 34: SPP Pumps Limited, United Kingdom
SPP Pumps Limited, United Kingdom Revenue (£ Mn.) EBITDA (£ Mn.) PAT (£ Mn.) 103.5 6.6 4.2 95.6 79.1 75.5 73.4 3.3 0.4 0.2 1.8 2.2 -0.4 FY18 FY19 FY20 FY21 FY22 -2.7 -4.7 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 EBITDA Margin (%) PAT Margin (%) 8.8% 5.6% 3.4% 3.0% 0.4% 0.3% 2.2% -0.6% -2.6%
Slide 35: Rodelta Pumps International B.V., The Netherlands
Rodelta Pumps International B.V., The Netherlands Genesis Product Profile • Established by Sulzer in 1946, acquired by KBL • API Pumps conforming to API-610 standards, in June 2015 12th edition Strategy • Leading manufacturer of API and Non-API • Pumps for Municipal Water Supply complying ✓ Niche pr
Slide 36: Rodelta Pumps International B.V., The Netherlands
Rodelta Pumps International B.V., The Netherlands Revenue (€ Mn.) EBITDA (€ Mn.) PAT (€ Mn.) 13.4 0.5 0.1 10.5 8.6 -1.1 -1.1 7.8 -0.4 -0.8 -1.7 -1.1 3.9 FY18 FY19 FY20 FY21 FY22 -2.7 -4.8 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 EBITDA Margin (%) PAT Margin (%) 5.9% 1.1% -10.2% -5.3% -14.5%
Slide 37: Kirloskar Brothers (Thailand) Limited, Thailand
Kirloskar Brothers (Thailand) Limited, Thailand Genesis Product Profile • Assembly and packaging for sales of • Fire fighting pumps centrifugal pumpsets in South-East Asian • Chemical pumps markets Strategy • Water supply pumps ✓ Access ASEAN region duty-free through • Provides duty-free access to f
Slide 38: Kirloskar Brothers (Thailand) Limited, Thailand
Kirloskar Brothers (Thailand) Limited, Thailand Revenue (THB in Mn.) EBITDA* (THB in Mn.) PAT (THB in Mn.) 610.7 36.6 14.8 22.7 381.1 372.7 2.9 -3.8 336.3 344.1 -17.1 -11.9 -24.0 FY18 FY19 FY20 FY21 FY22 -56.7 -57.4 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 EBITDA Margin (%) PAT Margin (%) 1
Slide 39: Braybar Pumps Limited, South Africa
Braybar Pumps Limited, South Africa Genesis Product Profile • Manufacturing and sales of high head multi- • Fire fighting pumps stage pumps, rubber lined slurry pumps and white metal lined bearings • Mine de-watering pumps • Successfully overcome the BBBEE regulations • Chemical pumps Strategy and t
Slide 40: Braybar Pumps Limited, South Africa
Braybar Pumps Limited, South Africa Note: Including SPP International, SPP SA and Micawber Revenue (ZAR Mn.) EBITDA (ZAR Mn.) PAT (ZAR Mn.) 107.3 13.7 5.4 6.4 12.6 77.8 69.8 72.1 71.5 2.9 -3.4 -9.4 -3.3 FY18 FY19 FY20 FY21 FY22 -9.0 -17.5 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 EBITDA Marg
Slide 41: Karad Projects And Motors Limited (KPML)
Karad Projects And Motors Limited (KPML) Genesis Product Profile • KPML is a wholly owned subsidiary of KBL. • Stamping: Electrical Stampings , Core packs, Wound Stators , Die Cast Rotors , Copper Brazed • 3 manufacturing plants located at Karad, Strategy Rotors, Rotor Fitted Shafts, Motors for Maha
Slide 42: Karad Projects And Motors Limited
Karad Projects And Motors Limited Revenue (Rs. Crores) EBITDA (Rs. Crores) PAT (Rs. Crores) 477.5 55.3 37.6 34.7 336.3 325.4 321.9 308.4 33.7 33.4 30.6 19.9 26.0 18.7 16.4 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 EBITDA Margin (%) PAT Margin (%) 11.6% 12.2% 10.5% 10
Slide 43: Kirloskar Ebara Pumps Limited
Kirloskar Ebara Pumps Limited Genesis Product Profile • Established in 1988 as a Joint Venture (JV) • Pumps: company promoted by KBL and Ebara • Centrifugal pumps as per API 610 Strategy Corporation with a mission to manufacture • Multistage Boiler feedwater pumps ✓ Expand Services offering across t
Slide 44: Kirloskar Ebara Pumps Limited
Kirloskar Ebara Pumps Limited Revenue (Rs. Crores) EBITDA (Rs. Crores) PAT (Rs. Crores) 223.4 44.5 28.5 180.4 34.9 36.6 158.9 164.1 160.9 20.3 18.4 17.5 19.0 7.7 8.0 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 EBITDA Margin (%) PAT Margin (%) 21.3% 12.8% 20.3% 19.9% 11
Slide 45: The Kolhapur Steel Limited (TKSL)
The Kolhapur Steel Limited (TKSL) Genesis Product Profile • Kolhapur Steel Limited (TKSL) is a subsidiary • High Grade Steel Alloy Castings for company of KBL. • Pumps • Established in the year 1965. • Steel Turbines • Hydro Turbines • Steel castings in the weight range of 300 kg-10 • Valves tonne s
Slide 46: The Kolhapur Steel Limited
The Kolhapur Steel Limited Revenue (Rs. Crores) EBITDA (Rs. Crores) PAT (Rs. Crores) 45.7 2.8 0.3 36.0 30.9 31.4 20.9 -5.2 -7.6 -8.6 -11.6 -10.8 -13.9 FY18 FY19 FY20 FY21 FY22 -12.4 -15.8 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 EBITDA Margin (%) PAT Margin (%) 6.2% 0.6% -14.4% -21.2% -28.0
Slide 47: Kirloskar Corrocoat Private Limited
Kirloskar Corrocoat Private Limited Genesis Product Profile • JV between KBL and Corrocoat Ltd. U.K. • Corroglass - High performance engineering • The company manufactures glass flake glass flake filled composites Strategy polymer coatings at its state-of-the-art plant at • Corrocoat - A range of ta
Slide 48: Kirloskar Corrocoat Private Limited
Kirloskar Corrocoat Private Limited Revenue (Rs. Crores) EBITDA (Rs. Crores) PAT (Rs. Crores) 34.6 3.7 1.6 27.8 24.3 25.8 20.1 1.7 0.2 0.1 1.3 0.4 0.1 -0.9 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 -1.1 FY18 FY19 FY20 FY21 FY22 EBITDA Margin (%) PAT Margin (%) 10.6% 4.7% 6.8% 0.9% 4.9% 0.2%
Slide 49: Table of Content
Table of Content 01 About Us 04 Financial Highlights Historical Performance at a 02 Strategic Focus 05 Glance Our Joint Ventures & Notable Projects 03 06 Subsidiaries 48
Slide 50: Orderbook
Orderbook Robust Orderbook Implying Strong Revenue Visibility Sector (In Rs. crores) Q2 FY23 Q1 FY23 Q4 FY22 Q3 FY22 Q2 FY22 Irrigation + Water Resource Mgmt. 893 664 691 718 733 Power 486 491 485 490 460 Oil & Gas 91 91 69 68 42 Marine & Defence 61 83 63 76 48 Industry 146 137 128 111 98 Building &
Slide 51: Q2 & H1 FY23 Key Subsidiaries Financials Performance
Q2 & H1 FY23 Key Subsidiaries Financials Performance Revenue from Operations (Rs. Crores) Q2FY23 Q2FY22 H1FY23 H1FY22 KBL 591.6 484.6 1,134.0 882.1 KCPL 8.2 6.8 16.1 10.3 TKSL 10.8 8.7 19.5 13.5 KPML 125.1 125.6 273.0 215.2 KBIBV (consol.) 287.1 254.1 534.3 474.5 Subtotal 1,022.8 879.8 1,976.9 1,595
Slide 52: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs. Crores) Q2FY23 Q2FY22 YoY% H1FY23 H1FY22 YoY% Net Revenue from Operations 864.0 751.3 15.0% 1,648.1 1,377.9 19.6% Other Income 4.0 2.8 10.1 19.7 Materials Consumed 459.6 427.1 871.8 760.7 Gross Profit 408.4 327.0 24.9% 786.4 636.9 23.5% Gross Mar
Slide 53: Consolidated Balance Sheet
Consolidated Balance Sheet Equities & Liabilities (Rs. Crores) Sep-22 Mar-22 Assets (Rs. Crores) Sep-22 Mar-22 Equity Non Current assets Property, Plant and Equipment 490.2 486.5 Equity Share capital 15.9 15.9 Capital work in progress 45.8 26.7 Other Equity 1,178.1 1,161.5 Intangible assets 2.8 3.7
Slide 54: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Particulars (Rs. crores) Sep-22 Sep-21 Net Profit before Tax and Extraordinary items 66.5 33.8 Changes in working capital (4.4) (51.0) Cash generated from Operations 62.1 (17.2) Direct taxes paid (net of refund) (24.4) (15.6) Net Cash from Operating Activities 37.7 (
Slide 55: KBL Group's Revenue breakup
KBL Group’s Revenue breakup KBL Group’s Revenue Breakup +15.0% KBL Group’s Revenue % Breakup (Rs Crores) 864 100 100 751 Q2 FY 22 Q2 FY 23 Q2 FY 22 Q2 FY 23 592 485 65 69 254 287 34 33 126 125 17 15 9 11 7 8 1 1 1 1 -129 -159 KBIBV KPML TKSL KCPL Elimination Total -17 -18 KBL Company KBL KBIBV KPML
Slide 56: KBL Group's EBITDA % Breakup
KBL Group’s EBITDA % Breakup KBL Group’s EBITDA Breakup EBITDA % of respective company +72.1% (Rs Crores) Q2 FY 22 Q2 FY 23 Q2 FY 22 Q2 FY 23 67 14 11 8 9 9 8 7 6 47 4 5 37 39 0 -1 17 13 12 0 1 0 -2 -3 -2 -22 -14 -27 KBL KBIBV KPML TKSL KCPL Elimination Total KBL KBIBV KPML TKSL KCPL Elimination Tot
Slide 57: KBIBV's Revenue Breakup
KBIBV’s Revenue Breakup +13.0% KBIBV Group’s Revenue Breakup (Rs Crores) 287 254 Q2 FY 22 Q2 FY 23 155 115 115 77 43 9 21 12 5 0 1 3 0 0 -6 -8 SPP UK SPP Inc (USA) Dutch Group KBTL (Thailand+ SPP Mena SA Group KBIBV Standalone Elimination KBIBV Group Singapore) +12.6% 534 475 H1 FY 22 H1 FY 23 251 2
Slide 58: KBIBV's EBITDA Breakup
KBIBV’s EBITDA Breakup >100% KBIBV Group’s EBITDA (Rs Crores) and as % of sales 13 9 Q2 FY 22 Q2 FY 23 (4%) (8%) 4 3 3 (2%) 1 2 (4%) (6%) 0 0 0 0 1 (-28%) 0 (11%) (0%) (0%) (45%) (27%) (13%) (0%) 0 -2 -2 -1 (1%) (-2%) (-19%) (-7%) -6 (-117%) SPP UK SPP Inc (USA) Dutch Group KBTL (Thailand+ SPP Mena
Slide 59: Table of Content
Table of Content 01 About Us 04 Financial Highlights Historical Performance at a 02 Strategic Focus 05 Glance Our Joint Ventures & Notable Projects 03 06 Subsidiaries 58
Slide 60: Historical Financial Performance
Historical Financial Performance Consolidated Revenue (Rs. Crores) EBITDA (Rs. Crores) PAT (Rs. Crores) 3,349 294 161 3,135 3,058 2,775 2,717 245 239 172 94 151 72 50 3 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 EBITDA Margin (%) PAT Margin (%) 10.8% 5.9% 7.8% 7.8% 6.
Slide 61: Historical Financial Performance
Historical Financial Performance Consolidated EPS (in Rs.) Net Worth (Rs. Crores) Leverage (X) 20.3 1,180 0.6 1,107 946 912 946 0.4 11.9 0.4 0.3 9.1 0.3 6.2 0.4 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 RoCE (%) RoE(%) 18.0% 14.5% 15.1% 11.8% 10.3% 8.0% 7.6% 8.4% 5.3
Slide 62: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs. Crores) FY22 FY21 FY20 FY19 FY18 Net Revenue from Operations (Net of Excise) 3,057.6 2,716.5 3,135.4 3,349.0 2,775.4 Other Income 32.4 53.8 37.6 23.7 21.9 Materials Consumed 1,680.3 1,449.5 1,641.9 1,829.8 1,456.8 Gross Profit 1,409.7 1,320.8 1,5
Slide 63: Consolidated Balance Sheet Statement
Consolidated Balance Sheet Statement Particulars (Rs. Crores) FY22 FY21 FY20 FY19 FY18 Particulars (Rs. Crores) FY22 FY21 FY20 FY19 FY18 Equity Non Current assets Property, Plant and Equipment 487.0 428.4 429.4 433.6 426.4 Equity Share capital 15.9 15.9 15.9 15.9 15.9 Capital work in progress 26.7 7
Slide 64: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Particulars (Rs. Crores) FY22 FY21 FY20 FY19 FY18 Profit Before Taxes 135.5 182.1 121.3 40.6 73.3 Changes in working capital 48.6 170.1 219.9 39.6 49.9 Cash generated from operations 184.1 352.2 341.2 80.2 123.2 Direct taxes paid (net of refund) 41.4 35.8 36.0 18.2 1
Slide 65: Table of Content
Table of Content 01 About Us 04 Financial Highlights Historical Performance at a 02 Strategic Focus 05 Glance 03 Our Joint Ventures & Subsidiaries 06 Notable Projects 64
Slide 66: Notable Work – Building & Construction
Notable Work – Building & Construction KBL's pumping solutions are operational in many of the world's iconic buildings The Shard, UK White House, Hong Kong–Zhuhai– Marina Bay Sands, Atal Tunnel, India Statue of Unity, India Washington Macau Bridge Singapore 65
Slide 67: Notable Projects – Power
Notable Projects – Power KBL is the first and leading manufacturers of critical pumps for nuclear power in India. Supplied primary and secondary sodium pump to Bhavini and specialised pump sets for the ITER (International Thermonuclear Experimental Reactor) project in France, the world's largest mag
Slide 68: Notable Projects – Municipal Water
Notable Projects – Municipal Water Thailand Uttar Pradesh, India Mumbai, India Thames River, UK Gwari Culvert, India South Africa 67
Slide 69: Notable Projects – Irrigation
Notable Projects – Irrigation KBL’s irrigation solutions are operational across the world Sardar Sarovar, India Senegal Laos Bheema, India Egypt EDIA, Portugal 68
Slide 70: For further information, please contact
For further information, please contact Company: Investor Relations Advisor: CIN: L29113PN1920PLC000670 CIN: U74140MH2010PTC204285 Mr. Chittaranjan Mate Mr. Chinmay Madgulkar / Mr. Jigar Kavaiya Email: Chittaranjan.Mate@kbl.co.in E: chinmay.m@sgapl.net / jigar.kavaiya@sgapl.net T: 020 2721 1147 T: +