Lloyds Engineering Works Ltd · NSE:LLOYDSENGG
Lloyds Engineering Works — Q1 FY2024 Earnings Presentation
35 slides from Lloyds Engineering Works's earnings presentation, Aug 7, 2023
Slide 1: Earnings/Investors Presentation cover letter to exchanges
i LLoyps ENGINEERING @® www .lloydsengg.in WORKS LLoyds Engineering Vorks Limited & CIN: L2B900MH1S94PLCO081235 (Formerly known as LLoyds Steels Industries Limited) © infoengg@loyds.in MP/LSIL/BSEL-NSEL/2023/140 7th August 2023 The Department of Corporate The National Stock Exchange of India Service
Slide 2: Lloyds Engineering Works Ltd (LEWL) Investor Presentation August 2023
We LLOYDS ENGINEERING WORKS LLOYDS ENGINEERING WORKS LTD (LEWL) Investor Presentation August 2023
Slide 3: Disclaimer
Disclaimer |. ‘. ENGINEERING WORKS The information contained herein has been prepared by Lloyds Engineering Works Ltd.(LEWL”) relying on information obtained from sources believed to be reliable but LEWL does not guarantee the accuracy or completeness of such information. Except for statements of hi
Slide 4: Contents
Contents th vee Business Overview OWEUEHH ol gas wv | . \ 1 ‘a Ft an | aes _7 “atiee , , fs Financials & Shareholding Quarterly Results ae = e
Slide 5: Lloyds Engineering Works
af LLOYDS ENGINEERING ORKS = - -
Slide 6: Lloyds Steels is now Lloyds Engineering Works
We LLOYDS ENGINEERING WORKS Lloyds Steels is now “Lloyds Engineering Works”. re] = LLOYDS ENGINEERING WORKS Lloyds Steels Industries Ltd (LSIL) has undergone a transformative change as Lloyds Engineering Works Ltd (LEWL). This rebranding reflects the company's expansion into new horizons within the
Slide 7: About Us
About Us We LLOYDS Providing Innovated Industrial Solutions ENGINEERING WORKS A Product Engineering Solutions company The engineering business started its operations in Superior and customised solutions to our client 1974 and is a complete Process plant equipment-providing company in India. It provi
Slide 8: Sector Variegation - Catering to diversified sectors
Sector Variegation- Catering to diversified sectors Fabrication of Manufacturing Design, Manufacturing LEWL is registered various equipment and supplying engineering & Design, and and supplying with BARC & for Steel melting various products Supply critical manufacturing of Process NPCIL for the shop
Slide 9: Lloyds Engineering Works
af LLoups ENGINEERING WORKS
Slide 10: Our Forces - Unified and Client-Centric approach
Our Forces - Unified and Client-Centric approach i LLOYDS Playing on Strengths to deliver robust output in the most efficient manner ENGINEERING WORKS Single Location Manufacturing . Four Decades of Experience The company has its state-of-the-Art Enriched experienced has facilities located in Murbad
Slide 11: Strategic Plant Location
Strategic Plant Location on WORKS All workshops being adjacent to each other brings in the logistic advantage. The single location of the plant with all 5 workshops adjacent to each other helps in better absorption of Overhead costs A centralised Raw procurement system N * helps in better ye Teme ts
Slide 12: Multi Product offerings - Product portfolio across Multiple Sectors
Multi Product offerings - Product portfolio across Multiple Sectors il... Order Book (Sector-Wise) Boilers/ Ports, jetties/ As of 30th June 2023 Power/ iusto) arelale marine/ RT,1% % _ CARBON,13 Chemicals Equipment Defence r a1 Sustainable Operating Margins Mitigating Cyclicality in Order Inflow Ope
Slide 13: Our Offerings and Solutions
Our Offerings and Solutions LLOYDS ENGINEERING WORKS eee Pressure Vessels Column
Slide 14: Our Offerings and Solutions
Our Offerings and Solutions il. LLouns ENGINEERING ORKS mores Exchangers Air/Gas Drying Systems
Slide 15: Our Offerings and Solutions
Our Offerings and Solutions tl...ENGINEERING WORKS Boilers Steel Plants Equipment
Slide 16: Broad-Based Clientele
Broad-Based Clientele il. LLOYDS ENGINEERING WORKS i) an TOTAL = thyssenkrupp [at ne UL at St a Ue | ae Re BIRLA GROUP TATA TATA PROJECTS LIMITED [reco] NRL — AM/NS INDIA WELSPUN CPCL & SMS © group VY @® IndianOil HMEL Petrofac Punj Lloyd 15
Slide 17: Certifications & Approvals
Certifications & Approvals LLOYDS ENGINEERING WORKS CERTIFICATE OF CERTIFICATE OF AUTHORIZATION CERTIFICATE OF AUTHORIZATION () AUTHORIZATION ue The name company ie auorined by te American Gockty of Mechanica Engiesers The named company 1% authorized by the Amancan Society ot Mechanical Engewers (AS
Slide 18: More than Four Decades of Experience
More than Four Decades of Experience af LLOYDS ENGINEERING WORKS Mr Shree Krishna Gupta Shri. Mukesh R. Gupta > (To A (ola Chairman & Whole Time Director Krishna has great experience as an entrepreneur and A Commerce Graduate and successful Industrialist has successfully started and created two bran
Slide 19: Investing in Lloyds Engineering Works
Slide 20: Investing in Lloyds Engineering Works: Sustainability, Profitability and Quality of Growth
Investing in Lloyds Engineering Works: Sustainability, Profitability and Quality of Growth Its 16x of FY22 & 2.6x of FY23 Sales. Order Book The order book has grown 1.8x YoY The company’s Debt: equity remains Low Gearing comfortable; being a net cash company GROWTH
Slide 21: Robust Order Book - A Growth Driver
Robust Order Book - A Growth Driver il. LLOYDS ENGINEERING WORKS Order Book Movement (2% Crores) With a larger base of the order book to begin FY24; the roadmap is quite steady 608.0 to deliver higher growth in 245.8 the coming years. The | company plans to further 582.9 we growth systematically to
Slide 22: Order Book Status
Order Book Status il. LLOYDS ENGINEERING WORKS Order Book -April 2023 New Orders - Q1FY24 Order Book -June 2023 or eels oes 816 cr 21
Slide 23: New Manufacturing Capacities
New Manufacturing Capacities - To support increasing order book & Future growth i ENGINGERING LEWL has already begun enhancing its capacities. LEWL has already spent %40 cr in FY23 Plans to further spent £50 crore during FY24 for capcity enhancement. Capacity expansion of ~2x underway, thus providin
Slide 24: Industry Tailwinds - Long-term Play on Structural growth story
Industry Tailwinds - Long-term Play on Structural growth story af LLOYDS ENGINEERING WORKS National Infrastructure Pipeline to unleash mega Capex : On a Structural upswing (% trn) opportunities (Fy20-25) (— 21 ° ) oM sida Eel mola ere nCereleSYM eleb As) sector 12.7 14.5 14.6 16 = 26.90 trn Energy &
Slide 25: Aiming towards higher returns
Aiming towards higher returns... il. _—_ Strategy over the next 5-7 years ENGINEERING Revenue of To be established as an advanced and critical $1500 cr equipment manufacturing company, giving complete solutions to various industries ina customised manner A roe of @ ¢ Strong Pipeline cr oe . OMA LEE
Slide 26: Lloyds Engineering Works
LLOYDS ENGINEERING WORKS
Slide 27: Financials At a Glance
Financials At a Glance LLOYDS ENGINEERING WORKS Annual Xai as aL els aS) aU Return Ratios (%) = Crores 312.6 58.04 114.5 - 1 50.1 FY20 FY21 FY22 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 MEBITDA MPAT =RoCE =—RoE ole Tar aN Roaad aL el | ss EBITDA 2.8 173.9 10.1 tail 113. 1 7.6 50.8 58.4 29.6 18.3 im 1
Slide 28: Shareholding Structure
Shareholding Structure af LLOYDS ENGINEERING WORKS Price Movement (2) Shareholding as of 1st July 2023 (%) 60 50 40 Public,40.22% 30 Promoters,59.78% | f 20 10 0 - Janf21 Jun/21 Jan 22 Jun/22 Jan 23 Jun/23 Jan/24 Number of shares 107.89 crore shares Exchange NSE: LSIL BSE : LLOYDSTEEL, 539992 Market
Slide 29: Q1FY24
LLOYDS ENGINEERING WORKS : _ Q1FY24
Slide 30: Q1FY24 - Result Analysis
Q1FY24- Result Analysis i i‘. Ran WORKS Quarterly 115.1 123% YoY QUFY23 Qury24 QUFY23 Qury24 Q1FY23 QuFy24 29
Slide 31: Key Highlights
al Key Highlights- “FY23 Revenue & PAT grew ~6x YoY” LLOYDS ENGINEERING WORKS e Revenue for Q1FY24 exhibited a growth of 122.8% YoY backed by solid execution of orders. Strong order inflows coupled with swift execution helped the company to report such robust growth. e EBITDA for Q1FY24 grew to €16.
Slide 32: Management Commentary
Management Commentary i ENGINGERING WORKS Commenting on Q1FY24 results Mr Mukesh Gupta, Chairman, said: “We are pleased to announce that Lloyds Engineering Works has achieved an exceptional performance in the first quarter of FY24. Our last few quarterly sales are surpassing the total sales of the e
Slide 33: Q1FY24 - Profit & Loss
Q1FY24 - Profit & Loss i t wioaese LLOYDS ela a(olbltLe MOM ge) gy) esi aes! Q1FY23 Q4FY23 Revenue nic 50.8 173.8 Other Income 1.9 1.4 40% 1.3 56% RM consumed 73.4 24.5 200% 143.2 -49% Employee 7.0 3.8 88% 5.8 21% Other expenses 18.1 10.2 78% 12.0 51% EBITDA 16.5 13.7 20% ee 17% OT EBITDA Margin (%)
Slide 34: FY23 - Balance Sheet
FY23 - Balance Sheet af LLOYDS ENGINEERING WORKS Particulars (= Crores) dy FY2023 Fixed Assets 9.23 27.07 Capital Work In Progress 3.74 25.55 Goodwill 0.96 0.96 Right To Use 3.76 5.30 Other Assets 11.75 3.28 Sub-Total Non Current Assets Pao) 62.17 Inventories 48.85 114.58 Trade Receivables 9.83 29.0
Slide 35: Thank You
af LLOYDS ENGINEERING | WORKS * ’ Thank You lloyds _ir@lloyds.in i www.lloydsengg.in ENGINCERING - : WORKS +91 022 62918164
Lloyds Engineering Works — Q1 FY2024 Earnings Presentation on 6ix