Praj Industries Limited · NSE:PRAJIND
Praj Industries — Q4 FY2022 Earnings Presentation
25 slides from Praj Industries's earnings presentation, May 26, 2022
Slide 1: Cover letter to stock exchanges: Presentation on Results
pray DATE: 26 May, 2022 REF. : PIL/DVN/LO28/2022-23 Security Code No.: 522205 Company Code- PRAJIND BSE LIMITED NATIONAL STOCK EXCHANGE OF INDIA LTD. PHIROZE JEEJEEBHOY TOWERS, 25TH FLOOR, DALAL STREET, EXCHANGE PLAZA, 5TH FLOOR, MUMBAI - 400 001 PLOT NO. C/1, G BLOCK, Fax: 022- BANDRA-KURLA COMPLEX
Slide 2: Earnings Presentation – Q4-FY22/FY22
Earnings Presentation – Q4-FY22/FY22
Slide 3: Company at a Glance
Company at a Glance 2021 38 Years of Legacy Presence across 1200+ 90+ research 4 manufacturing 100+ countries employees scientists facilities 300+ 40%+ business from ~10% 1000++ 400+ patents repeat customers Global ethanol production References/plants overseas references market share* worldwide 3-Ye
Slide 4: Company Overview
Company Overview • Incorporated in 1983 under the visionary leadership of technocrat Operational Revenue (INR Mn) Dr. Pramod Chaudhury. 23,333 • Praj Industries Ltd. (Praj) has grown to become one of the most reputed and technologically advanced biotechnology and engineering companies in the world.
Slide 5: Business Segments
Business Segments High Purity Solutions Water Systems Modular Process Systems Value Added Services Bio Energy 1G & 2G Ethanol plants Compresses Bio-Gas Future Fuel: SAF, Marine Biofuel, Bio Hydrogen etc. Engineering Businesses Critical process equipment & Skids Brewery and beverages Zero Liquid Disc
Slide 6: Global references across 100+ countries
1000++ References in 100+ countries across all 5 continents.. And Still counting Europe Asia Americas India Africa Praj Industries Limited 5
Slide 7: Q4-FY22/FY22 Financial Overview
Q4-FY22/ FY22 Financial Overview
Slide 8: Q4-FY22/FY22 Financial Highlights
Q4-FY22/FY22 Financial Highlights Q4-FY22 Performance (Standalone) Q4-FY22 Performance (Consolidated) INR 7,393 Mn INR 699 Mn 9.45% INR 8,290 Mn INR 780 Mn 9.41% Operating Income Operating EBITDA Operating EBITDA Operating Income Operating EBITDA Operating EBITDA Margins Margins INR 521 Mn 7.05% INR
Slide 9: Quarterly Financial Performance Trend (Consolidated)
Quarterly Financial Performance Trend (Consolidated) Revenues (INR Mn) EBITDA (INR Mn) PAT (INR Mn) 9000 1.2 900 1.2 700 8,290 1.2 780 8000 800 749 576 1 1 600 1 7000 700 520 5,671 5,856 500 6000 5,324 0.8 600 0.8 0.8 510 5000 500 462 400 371 3,863 0.6 0.6 333 0.6 4000 400 307 300 3000 0.4 222 300 0
Slide 10: Segmental Revenue (Consolidated)
Segmental Revenue (Consolidated) Bio Energy (INR MN) Engineering (INR MN) HiPurity (INR MN) 5,445 R 2,243 E 3,944 600 V 475 1,251 E N U E Q4-FY21 Q4-FY22 Q4-FY21 Q4-FY22 Q4-FY21 Q4-FY22 16,611 R 4,667 E 2,055 V 1,637 8,826 2,583 E N U E FY21 FY22 FY21 FY22 FY21 FY22 Praj Industries Limited 9
Slide 11: Order Book & Order Backlog
Order Book & Order Backlog Order book (At the end of each quarter, Values in INR. Mn) Q4-FY22 Segmental Order book - INR 11,015 Mn Q4-FY22 Geographical Order book 12000 1.2 Engineering 11,015 HiPurity 5.5% 9,560 4.0% 10000 1 8000 7,450 0.8 Export 6,500 6,610 16% 6,050 6000 5,390 0.6 4,050 4000 3,270
Slide 12: Q4-FY22/FY22 Operational and Industry Highlights
Q4-FY22/FY22 Operational and Industry Highlights Operational Highlights: • Strong revenue growth in Q4-FY22 on a YOY and QOQ basis on the back of strong order book and good project execution. • Rising raw material prices coupled with supply chain issues kept margins under pressure. • Bioenergy: Busi
Slide 13: Other Highlights
Other Highlights Dr. Pramod Chaudhari bestowed with the coveted 2022 William C. Holmberg Award • During the global flagship industry event - Advanced Bioeconomy Leadership Conference (ABLC) 2022 at Washington DC, USA, Dr. Pramod Chaudhari was bestowed with the coveted 2022 William C. Holmberg Award
Slide 14: Quarterly Financial Performance - Standalone
Quarterly Financial Performance - Standalone Particulars (INR Mn) Q4-FY22 Q4-FY21 Y-o-Y Q3-FY22 Q-o-Q Operational Income 7,393 4,992 48.1% 5,176 42.8% Expenses 6,694 4,292 56.0% 4,701 42.4% EBITDA 699 700 (0.1)% 475 47.2% EBITDA Margins (%) 9.45% 14.02% (457) Bps 9.18% 27 Bps Other Income 68 50 36.0
Slide 15: Annual Financial Performance - Standalone
Annual Financial Performance - Standalone Particulars (INR Mn) FY22 FY21 Y-o-Y Operational Income 20,532 10,885 88.6% Expenses 18,691 9,871 89.4% EBITDA 1,841 1,014 81.6% EBITDA Margins (%) 8.97% 9.32% (35) Bps Other Income 217 167 29.9% Depreciation 198 191 3.7% Interest 21 23 (8.7)% Exceptional It
Slide 16: Quarterly Financial Performance - Consolidated
Quarterly Financial Performance - Consolidated Particulars (INR Mn) Q4-FY22 Q4-FY21 Y-o-Y Q3-FY22 Q-o-Q Operational Income 8,290 5,671 46.2% 5,856 41.6% Expenses 7,510 4,922 52.6% 5,346 40.5% EBITDA 780 749 4.1% 510 52.9% EBITDA Margins (%) 9.41% 13.21% (380) Bps 8.71% 70 Bps Other Income 75 42 78.6
Slide 17: Annual Financial Performance - Consolidated
Annual Financial Performance - Consolidated Particulars (INR Mn) FY22 FY21 Y-o-Y Operational Income 23,333 13,047 78.8% Expenses 21,275 11,856 79.4% EBITDA 2,058 1,191 72.8% EBITDA Margins (%) 8.82% 9.13% (31) Bps Other Income 241 190 26.8% Depreciation 226 221 2.3% Interest 25 29 (13.8)% PBT 2,048
Slide 18: Historical Financial Overview
Historical Financial Overview
Slide 19: Historical Standalone Financial Performance
Historical Standalone Financial Performance Particulars (INR Mn) FY19 FY20 FY21 FY22 Operational Income 9,233 9,419 10,885 20,532 Expenses 8,436 8,632 9,871 18,691 EBITDA 797 787 1,014 1,841 EBITDA Margins (%) 8.63% 8.35% 9.32% 8.97% Other Income 219 299 167 217 Depreciation 200 188 191 198 Interest
Slide 20: Historical Standalone Balance sheet
Historical Standalone Balance sheet Particulars (INR Mn) FY20 FY21 FY22 Particulars (INR Mn) FY20 FY21 FY22 EQUITY AND LIABILITIES ASSETS Non-Current Assets Equity Property, Plant & Equipment 1,962 1,865 1,875 Share Capital 366 366 367 Capital Work in progress 21 6 21 Other Equity 6,677 7,404 8,697
Slide 21: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Particulars (INR Mn) FY19 FY20 FY21 FY22 Operational Income 11,411 11,024 13,047 23,333 Total Expenses 10,527 10,205 11,856 21,275 EBITDA 884 819 1,191 2,058 EBITDA Margins (%) 7.75% 7.43% 9.13% 8.82% Other Income 233 261 190 241 Depreciation 230 218 221
Slide 22: Historical Consolidated Balance sheet
Historical Consolidated Balance sheet Particulars (INR Mn) FY20 FY21 FY22 Particulars (INR Mn) FY20 FY21 FY22 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 2,167 2,064 2,085 Capital Work in progress 21 6 21 Share Capital 366 366 367 Investment Property 137 137 1
Slide 23: Consolidated Historical Financial Trends
Consolidated Historical Financial Trends Revenue (INR Mn) EBITDA (INR Mn) PAT (INR Mn) 25,000 23,333 1.2 2,500 1,600 1,502 2,058 1,400 1 20,000 2,000 1,200 0.8 1,000 15,000 13,047 1,500 1,191 811 11,411 11,024 0.6 800 682 704 9,235 884 10,000 1,000 819 600 0.4 610 395 9.13% 8.82% 400 5.98% 6.39% 6.2
Slide 24: Capital Market Information
Capital Market Information 150% 1-Year Stock Performance up to 31st March 2022 130% 110% 90% 70% 50% 30% 10% -10% Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Praj Sensex Shareholding Pattern (As on 31st March 2022) Dividend Pay out ratio (%) st PRICE DATA (As
Slide 25: Disclaimer
Disclaimer Praj Industries Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events