Elpro International Ltd · BSE:ELPROINTL
Elpro International — Investor Presentation (November 2017)
28 slides from Elpro International's investor presentation, November 2017
Slide 1: Elpro International Limited Investor Presentation November 2017
Elpro International Limited Investor Presentation November 2017
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Elpro International 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 se
Slide 3: Business Overview
Business Overview o Investment in PNB MetLife, a leading Life Insurance Company o Equity Shareholding – 12.7% o MetLife, Inc., is one of the world's leading life insurance providers Real Estate o Total Plot Area : 1,18,770.40 Sq. Mts • Completed: 23,201.87 Sq. Mts & Partly Completed: 49,113.69 Sq. M
Slide 4: Management Team
Management Team Mr. Deepak Kumar Singh Chairman, MD & Head of Real Estate Business He is a Management graduate and an astute Retail & Real estate professional with two decades of experience in real estate services. Worked with top companies like ITC, Reliance, Future Group & Virtuous Retail with a t
Slide 5: Insurance
Elpro @ Insurance
Slide 6: PNB Metlife India Insurance
PNB Metlife India Insurance Bringing together MetLife Inc Punjab National Bank Credibility and reliability of one Financial strength of a leading of India's oldest and leading global life insurance provider nationalised banks Holds 26% stake in PNB Metlife Holds 30% stake in PNB Metlife MetLife, thr
Slide 7: PNB Metlife India Insurance
PNB Metlife India Insurance One of the leading life insurance companies in India • Present in India since 2001 • PNB MetLife is present in over 115 locations across the country and serves over 100 million customers in more than 8,700 locations through its strong bank partnerships with PNB, JKB and K
Slide 8: PNB MetLife – Operating Performance
PNB MetLife – Operating Performance Statutory Profit Statutory Premiums Rs Crores Rs Crores 192 3,236 153 2,828 108 100 90 2,461 2,430 2,241 FY13 FY14 FY15 FY16 FY17 FY13 FY14 FY15 FY16 FY17 Source: PNB MetLife Annual Report 8
Slide 9: PNB MetLife – Strong Balance Sheet
PNB MetLife – Strong Balance Sheet Shareholders Funds Solvency Ratio Rs Crores 2,234 228% 219% 207% 211% 203% 2,170 2,116 2,064 2,015 FY13 FY14 FY15 FY16 FY17 FY13 FY14 FY15 FY16 FY17 Source: PNB MetLife Annual Report 9
Slide 10: Key Developments in the Sector
Key Developments in the Sector ICICI Prudential Life Insurance Company Ltd Successfully listed on Sep 2016 Trading at 3x Embedded Value Insurance Increasing Investments Listing • Nippon Life Insurance increased stake in Reliance Nippon Life from 26% to 49% for a valuation of ~Rs 10,000 Crs Increasin
Slide 11: Attractive Prospects for Life Insurance Industry
Attractive Prospects for Life Insurance Industry Insurance Density CY15 (Prem. Per Life Insurance Penetration Levels (CY15) Capita (US$)) 12% 2,717 1,940 8% 1,719 7% 4% 3% 3% 688 2% 1% 215 178 153 43 43 17 15 South Japan South Costa Rica USA India China Indonesia Japan South USA South Costa Brazil C
Slide 12: Well Positioned to Capitalize
Well Positioned to Capitalize Strong Industry Drivers Strengths of Bancassurance Partners ✓ Low levels of insurance penetration as compared to other developing and developed markets indicate significant ✓ More than 100 MM customers scope for strong growth potential ✓ Pan India presence with 6,937 br
Slide 13: Real Estate
Elpro@ Real Estate 13
Slide 14: Real Estates
Real Estates ✓ Owns 35 acres of Land in Pimpri Chinchwad ✓ Project includes area of Pune, Maharashtra ▪ Commercial spaces – office buildings ▪ One of the most prominent industrial ▪ Residential Spaces destinations near Pune ▪ School ▪ Increasing demand for residential real ▪ Factory Space estate pro
Slide 15: Key Projects
Key Projects 1ELPROPARK - OEP Elpro Business bay Launch date 2016 Launch date 2016 Project status On-going Project status On-going Number of Floors Ground + Two Number of Floors Ground + Two Area 66,340 Sq. ft. Area 50,000 Sq. ft. 15
Slide 16: Project Details
Project Details Revenue Style Usage Plot Area (Sq Mts) % Completed (Sale/lease) Residential 23,201.87 Sale 100% Mall 23,219.11 Sale & Lease 50% Office Building 10,390.02 Lease 80% Factory 27,500.65 Lease 80% Free Land 34,458.78 NA NA Total 1,18,770.40 16
Slide 17: Leasing Business
Leasing Business Area Already Leased Area in sq. ft Annual Rental Occupancy Level* Industrial Area 120,632 642.27 100% Office Area 101,429 705.58 100% School leasing area 169,816 680.36 100% Factory Rooftop 107,218 12.86 100% Total 499,095 2,041.07 - Expected Annual Area ready for Possession Area in
Slide 18: Surge Arresters
Surge Arresters 18
Slide 19: Surge Arrestors
Surge Arrestors ✓ Elpro is the only company outside the United States to manufacture surge arresters and zinc oxide discs with GE technology acknowledged to be the best in the world. ✓ Specialise in Design, Manufacture and Supply of Metal Oxide Surge Arresters known as Gapless ▪ Provide technical ad
Slide 20: Product Portfolio – High Voltage Products
Product Portfolio – High Voltage Products Porcelain Polymer Station Class Arrester Distribution Class Arrester Station Class Arrester Distribution Class Arrester • Used for • Used in the • Light Weighted, • Light Weighted, protection of sub- distribution network Hydrophobic in nature Hydrophobic in
Slide 21: Product Portfolio – Low Voltage Products
Product Portfolio – Low Voltage Products Surge Protection Device Metal Oxide Varistor Transient Voltage Surge Suppressor • Protects against damaging • Used for surge protection in effects of power transients low voltage Power and • high energy handling capability thereby enhancing safety, Electronic
Slide 22: Financial Section
Financial Section 22
Slide 23: Standalone Performance
Standalone Performance Rs. Crs Q1FY18* Q1FY17* FY17# FY16# Revenue 9.39 15.61 48.13 44.84 Raw Material 3.50 6.84 20.92 24.36 Employee Cost 0.38 0.36 1.37 1.53 Other Expenses 0.80 1.46 4.15 3.73 EBITDA 4.71 6.95 21.69 15.22 EBITDA Margin 50.1% 44.5% 45.1% 33.9% Other Income 0.23 0.18 0.58 0.48 Deprec
Slide 24: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Rs. Crs FY17 FY16 YoY % Revenue 48.13 44.84 7% Raw Material 20.92 24.36 Employee Cost 1.54 1.70 Other Expenses 4.20 3.80 EBITDA 21.48 14.97 43% EBITDA Margin 44.6% 33.4% Other Income 0.66 0.48 Interest 0.99 0.44 Depreciation 17.68 18.81 Exceptional Item 0.00 0.
Slide 25: Consolidated Revenue Break-up
Consolidated Revenue Break-up In Rs. Crs Real Estate - Leasing Real Estate - Sale Surge Arresters Others 48.1 +19% 44.8 13.4 36.7 11.3 8.9 28.5 7.2 28.0 29.3 20.7 15.1 4.9 6.0 4.4 5.0 1.2 1.1 1.1 0.5 FY14 FY15 FY16 FY17 25
Slide 26: Consolidated Balance Sheet
Consolidated Balance Sheet Rs. Crores Mar-17 Mar-16 Rs. Crores Mar-17 Mar-16 Shareholder’s Fund 179.58 175.97 Non-Current Assets 405.85 391.25 Share capital 17.84 17.84 Fixed assets 127.35 112.82 Reserves & Surplus 157.57 153.96 Goodwill 0.66 0.66 Minority Interest 4.17 4.17 Non-Current Investments
Slide 27: Rights Issue
Rights Issue • Proposed a rights issue of Rs. 100 Crores • Objects of the issue – • Utilize the Net Proceeds towards the following: Particulars Amount (Rs. Crores) Part repayment or prepayment of unsecured loans 66.00 Part repayment or prepayment of ICDs 25.00 Details of Unsecured Loans – Name of th
Slide 28: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : Elpro International Ltd. Strategic Growth Advisors Pvt. Ltd. CIN: L51505MH1962PLC012425 CIN: U74140MH2010PTC204285 Mr. Sambhaw Jain Mr. Shogun Jain / Mr. Rohan Adhiya sambhaw@elpro.co.in shogun.jain@sgapl.net / rohan.ad
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