Pitti Engineering Ltd. · NSE:PITTIENG
Pitti Engineering — Q4 FY2024 Earnings Presentation
21 slides from Pitti Engineering's earnings presentation, May 15, 2024
Slide 1: Cover letter to stock exchanges
15th May 2024 To To BSE Limited National Stock Exchange of India Limited Floor 25, P J Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 513519 Scrip Code: PITTIENG Dear Sirs, Sub: Investor Presentation - Financial Results for the qua
Slide 2: Investor Presentation Q4 & FY 2023-24
INVESTOR PRESENTATION Q4 & FY 2023-24 Pitti Engineering Limited PITTI ENGINEERINGLIMITED 1 @2024
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and r
Slide 4: Management Commentary
Management Commentary We have achieved highest ever sales volume of 11,435 MT in Q4 FY24, YoY growth of sales volume is 19.23% as against 9,591 MT in Q4 FY23. Total revenue for Q4 FY24 is ₹359.32 Crore as against ₹263.31 Crore in Q4 FY23, registered a growth of 36.46% on year-on-year basis and achie
Slide 5: Q4 - Key performance indicators
Q4 - Key performance indicators Revenue EBITDA PAT Cash Accruals (₹ in Cr) (₹ in Cr) (₹ in Cr) (₹ in Cr) Q4 FY22 Q4 FY23 Q4 FY24 Q4 FY22 Q4 FY23 Q4 FY24 Q4 FY22 Q4 FY23 Q4 FY24 Q4 FY22 Q4 FY23 Q4 FY24 359.32 54.38 40.36 48.64 286.46 263.31 40.56 37.59 35.37 24.84 30.93 19.79 PITTI ENGINEERING LIMITE
Slide 6: Q4 - Performance snapshot
Q4 - Performance snapshot (₹ in Cr) Particulars Q4 FY24 Q4 FY23 YoY change Q4 FY22 Revenue from Operations 327.88 247.50 32.48% 271.39 Other income 31.44 15.81 98.86% 15.07 Total Income / Revenue 359.32 263.31 36.46% 286.46 EBITDA excl. other income 48.64 40.56 19.92% 35.37 Blended EBITDA / tonne (₹
Slide 7: Q4 - Operational highlights
Q4 - Operational highlights Annual Capacity as at the quarter end Q4 FY24 Q4 FY23 YoY Change Q4 FY22 Sheet Metal – MTs 56,000 50,200 11. 55% 46,000 Machining - Hours 4,60,800 4,60,800 0.00% 4,03,200 Capacity utilisation for the quarter Sheet Metal 78.98% 74.14% NA 74.79% Machining 89.63% 75.82% NA 8
Slide 8: Q4 - End-user application revenue breakup
Q4 - End-user application revenue breakup 0.55% 0.51% ₹ 359.32 Cr Q4 FY24 4.31% 14.10% 1.89% 10.76% 5.69% 8.13% 35.16% 18.90% 0.00% 0.76% ₹ 263.31 Cr Q4 FY23 2.66% 14.43% 3.04% 13.29% 8.36% 6.08% 31.14% 20.25% 1.25% 0.00% ₹ 286.46 Cr Q4 FY22 2.64% 16.28% 2.12% 13.10% 13.35% 6.37% 18.78% 26.10% Renew
Slide 9: Q4 - End-user application revenue breakup
Q4 - End-user application revenue breakup (₹ in Cr) Q4 FY24 Q4 FY23 Q4 FY22 Applications Revenue % of Revenue Revenue % of Revenue Revenue % of Revenue Renewable Energy 15.47 4.31% 7.00 2.66% 7.56 2.64% Power Generation 50.65 14.10% 38.00 14.43% 46.64 16.28% Data Centre 6.79 1.89% 8.00 3.04% 6.08 2.
Slide 10: Annual - Key performance indicators
Annual - Key performance indicators Revenue EBITDA PAT Cash Accruals (₹ in Cr) (₹ in Cr) (₹ in Cr) (₹ in Cr) FY 2022 FY 2023 FY 2024 FY 2022 FY 2023 FY 2024 FY 2022 FY 2023 FY 2024 FY 2022 FY 2023 FY 2024 144.22 1249.81 90.20 177.72 1117.99 151.39 970.26 103.48 132.63 58.83 90.77 51.90 PITTI ENGINEE
Slide 11: Annual - Performance snapshot
Annual - Performance snapshot (₹ in Cr) Particulars FY 2023-24 FY 2022-23 YoY change FY 2021-22 Revenue from Operations 1201.60 1100.17 9.22% 953.82 Other income 48.21 17.82 170.54% 16.44 Total Income / Revenue 1249.81 1117.99 11.79% 970.26 EBITDA excl. other income 177.72 151.39 17.39% 132.63 Blend
Slide 12: Annual - Operational highlights
Annual - Operational highlights Annual Capacity as at the Year End FY 2023-24 FY 2022-23 YoY change FY 2021-22 Sheet Metal – MTs 56,000 50,200 11. 55% 46,000 Machining – Hours 4,60,800 4,60,800 0.00% 4,03,200 Capacity utilisation Sheet Metal 72.95% 71.32% NA 69.74% Machining 90.47% 74.32% NA 76.31%
Slide 13: Annual - End-user application revenue breakup
Annual - End-user application revenue breakup 0.48% 0.44% ₹ 1249.81 Cr FY2024 4.35% 13.81% 1.60% 12.18% 8.04% 6.76% 40.03% 12.32% 0.30% 0.61% ₹ 1117.99 Cr FY2023 4.70% 13.87% 2.22% 13.56% 9.98% 7.05% 33.95% 13.76% 1.64% 0.00% ₹ 970.26 Cr FY2022 4.04% 15.05% 2.16% 15.77% 11.57% 4.89% 25.96% 18.93% Re
Slide 14: Annual - End-user application revenue breakup
Annual - End-user application revenue breakup (₹ in Cr) FY 2024 FY 2023 FY 2022 % of Revenu Applications Revenue Revenue % of Revenue % of Revenue Revenue e Renewable Energy 54.41 4.35% 52.56 4.70% 39.17 4.04% Power Generation 172.62 13.81% 155.03 13.87% 146.05 15.05% Data Centre 19.98 1.60% 24.86 2
Slide 15: Corporate overview
Corporate overview PITTI ENGINEERING LIMITED 14 @2024
Slide 16: Delivering engineering excellence
Delivering engineering excellence As one of the leading One of the One of the engineering companies, we are focused on manufacturing value-added and assembled components Manufacturers and exporters of of assemblies for large alternators and through machining and electrical laminations in India motor
Slide 17: Focused on the long-term
Focused on the long-term Financial Operational Sustainable 13.50% 3 Vertically integrated *3-year CAGR Revenue State-of-the-art manufacturing Manufacturing process plants 15.76% 11 Diverse *3-year CAGR EBITDA Countries of export presence Product portfolio catering to several downstream industries 31
Slide 18: Marquee clientele
Marquee clientele PITTI ENGINEERINGLIMITED ENGINEERING LIMITED 17 17 @2024 @2023
Slide 19: Industries we serve
Industries we serve Appliances Automotive Cement Construction Data Centres DG Set Electric Vehicle Freight Rail Hydro Lift Irrigation Marine Medical Motor Generator Equipment Mining Mass urban Other Pumps Passenger Rail Steel Transport Industries Sugar Thermal Power Wind Mill Wind Mills Generator PI
Slide 20: Contact us
Contact us PITTI ENGINEERING LIMITED Mr. M Pavan Kumar 6-3-648/401, 4th Floor, Padmaja Landmark, Chief Financial Officer Somajiguda Hyderabad 500082. Telangana , India. Mr. CS Rama Naidu T:+91 40 2331 2774 / 2331 2770 Intellect PR Email: info@pitti.in Mobile: +91 99202 09623 Website: www.pitti.in CI
Slide 21: Thank You
Thank You PITTI ENGINEERINGLIMITED 20 @2024