Ok Play India Ltd. · BSE:OKPLA
Ok Play India — Q4 FY23 Earnings Presentation
37 slides from Ok Play India's earnings presentation, Apr 25, 2023
Slide 1: BSE filing cover letter for Q4 investor presentation
Ref: OK/BSE/2023-24/533 Dated: 25/04/2023 BSE Limited, . Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 SCRIP CODE: 526415 Sub: Q4 Investor Presentation Dear Sir/Madam, Please find enclosed herewith Investor Presentation for the quarter and year ended 31st March, 2023. Kindly take the same
Slide 2: Investor Presentation Q4 FY23
Investor Presentation Q4 FY23 OK Play India Limited
Slide 3: Safe Harbour Statement
Safe Harbour Statement OK Play India Limited This presentation and the accompanying slides (the “Presentation”), which have been prepared by OK Play Limited (Ok Play, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe f
Slide 4: Company Overview
Company Overview OK Play India Limited
Slide 5: OK Play @ A Glance
OK Play @ A Glance OK Play India Limited Incorporated in 1989, OK Play India Limited (Ok Play, the company) is engaged in manufacturing of plastic moulded products, automotive components, and e-vehicles. Under plastic moulded products the company manufactures toys, school furniture, outdoor play equ
Slide 6: Tracing Our Steps: A Look At Our Journey
Tracing Our Steps: A Look At Our Journey OK Play India Limited 1989 1993 2004 2020 1988- Incorporated the company under the 1992- Diversified into toy name Aquapure Container segment with acquisition 1994- Listing 2015- Entered Pvt.Ltd of OK Play UK, London through IPO into EV segment 1989- Started
Slide 7: Building On Our Strong Foundation: Key Strengths Of OK Play
Building On Our Strong Foundation: Key Strengths Of OK Play OK Play India Limited Quality Value For Money We Use Only The Best Quality Raw Materials, Ok Play Products Prioritize Safety, Quality, And Including 100% Virgin, Non-toxic, Fire Innovation, Ensuring The Happiness And Retardant, And Uv-stabi
Slide 8: Trusted By The Best: Our Marquee Clients
Trusted By The Best: Our Marquee Clients OK Play India Limited Toy Segment Electrical Vehicle Segment Auto Products Investor Presentation 7
Slide 9: Fully Integrated State-of-the-art Plant
Fully Integrated State-of-the-art Plant OK Play India Limited Sohna, Haryana Ranipet, Tamil nadu Built up area- 1,20,000 sq.ft Builtup area- 40,000 sq.ft • Roto Molding: 8 Machines ranging from 1.5m to 4.3m • Roto Molding: 4 Machines ranging from 2.2m to 4.3m • Blow Molding: Machines ranging from 5L
Slide 10: Setting The Bar High: Our Quality Standard Certifications
Setting The Bar High: Our Quality Standard Certifications OK Play India Limited Investor Presentation 9
Slide 11: Setting The Bar High: Our Quality Standard Certifications
Setting The Bar High: Our Quality Standard Certifications OK Play India Limited Investor Presentation 10
Slide 12: Management Overview
Management Overview OK Play India Limited
Slide 13: Board Of Directors
Board Of Directors OK Play India Limited Mr. Rajan Handa Mrs Mamta Handa Mr. Shalabh Jasoria Dr. Rajan Wadhera Mr. Rishab Handa Managing Director Executive Director Independent Director Executive Director Executive Director & CFO Chartered Accountant Phd. In Human Resources. Engineering Commerce Acc
Slide 14: Board Of Directors
Board Of Directors OK Play India Limited Mr. Raghav Handa Mr. Ajay Vohra Mr. Atul Nripraj Barar Mr. Dhiraj Arora Mr. Vikash Kumar Pathak Executive Director Independent Director Independent Director Independent Director Independent Director Engineering Strategic and Accounts and Graduate Lawyer Gradu
Slide 15: Business Overview
Business Overview OK Play India Limited
Slide 16: Diversifying Our Reach: Explore Our Business Verticals
Diversifying Our Reach: Explore Our Business Verticals OK Play India Limited Plastic Moulded Products Vertical Wise Revenue Breakup Toys, School Furniture, Outdoor Play Equipment, and Point Of Purchase Products. Automotive Toys components 35% Automotive component Electric Vehicles 65% (3-wheelers) I
Slide 17: Business Overview: Toys Business
Business Overview OK Play India Limited Toys Business OK Play India is o Toy portfolio included School furniture and toys. India’s Largest o OK Play is an acquired brand of OK play UK, London Homegrown Toys Brand o Strategic partnership with Hamleys (Reliance industries) o Strategic partnership with
Slide 18: Business Overview: Automotive Component Business
Business Overview OK Play India Limited Automotive Component Business OK Play India Ltd. is India’s Largest Homegrown Toys Brand 100% 85% 50% Ashok Volvo M&M o Company’s auto-component segment manufactures plastic fuel Layland Eicher tanks, urea tanks and water tanks for the commercial vehicles, tra
Slide 19: Business Overview: Electric Vehicle Business
Business Overview OK Play India Limited Electric Vehicle Business o The Company has a portfolio of over 12 different variants of electric three wheelers across the L3 and L5 space. o OK Play tie up with battery manufacturers. o Currently company is manufacturing 80-85 units per month. o Strategic in
Slide 20: Strategic Partnership - HPCL
Strategic Partnership - HPCL OK Play India Limited Scope of Partnership Current Delivery M o d e Infrastructure OK Play will use HPCL petrol pumps to set up swapping station and experience showrooms in collaboration with energy operators like VoltUp Smart, Eco-Friendly Electric Delivery Vehicle LPG
Slide 21: Industry Overview
Industry Overview OK Play India Limited
Slide 22: Exploring The Landscape: An Overview Of The Industry
Exploring The Landscape: An Overview Of The Industry OK Play India Limited Toy Market 1. Toy Industry is India is ~Rs 15,000 – Rs 18,000 crore market where ~Rs 3000-Rs 4,000 is organized market. 2. With brand development and entry of world class toy manufacturer, the share of organized market is ris
Slide 23: Growth strategies in Toy segment
Growth strategies in Toy segment OK Play India Limited Toy Industry is India is ~Rs 15,000 – Rs 18,000 crore market where ~Rs 3000-Rs 4,000 is organized market. With brand development and entry of world class toy manufacturer, the share of organized market is rising and will have upward bias towards
Slide 24: Automotive Industry Overview
Automotive Industry Overview OK Play India Limited MARKET SIZE GOVERNMENT INITIATIVES Aggregate Turnover (US$ Billion) • National Mission for Electric Mobility 2020 51.2 56.5 49.3 56.5 • NATRIP 43.6 45.9 39.1 • Automotive Mission Plan 2026 FY16 FY17 FY1 FY19 FY2 FY21 FY2 8 0 2 ADVANTAGE FOR INDIA •
Slide 25: Growth Strategies in Automotive Segment
Growth Strategies in Automotive Segment OK Play India Limited o OK Play's plans to expand its client base to include Tata Motors, the largest manufacturer for fuel tanks o With a current working capital of 45 days, OK Play is in a stable financial position to support its growth plans. o The proposed
Slide 26: Electric 3W Market
Electric 3W Market OK Play India Limited L3S a l es L5 S a les 250 12 10 200 ‘ 00 0 s u n i t ‘ 00 0 s u n i t 8 150 6 C a rgo 1 00 C a r go 4 50 P a sse n g e r 2 P a sse n g e r 0 0 2016 2017 2018 2019 2020 2021 2022 2016 2017 2018 2019 2020 2021 2022 o 1st wave of EV adoption in 3W led by E -Rick
Slide 27: 3 Wheeler EV Category Wise Share
3 Wheeler EV Category Wise Share OK Play India Limited 3 Wheeler EV sold 154041 7.52% 150000 4.42% 2.16% 0.04% 100000 50000 85.86% 13581 4205 7898 E-Rickshaw with Cart E3W (Goods) 0 E3W (Passenger) E3W (Personal) Electric L3M Electric L5M Electric L3N Electric L5N E-Rikshaw (Passenger) 3 Wheeler Pas
Slide 28: Financial Overview
Financial Overview OK Play India Limited
Slide 29: Q4 FY23 Results Highlight
Q4 FY23 Results Highlight In ₹ Cr OK Play India Limited Particulars Q4 FY23 Q4 FY22 Y-O-Y % FY23 FY22 Y-O-Y% Net Sales 53.26 41.19 181.45 101.15 79.39% Other Income 0.12 1.09 0.24 1.21 -80.17% Total Income 53.38 42.28 26.25% 181.7 102.36 77.50% Expenses Raw Material costs 30.34 23.7 104.96 60.34 Emp
Slide 30: Key Financial Highlights
Key Financial Highlights OK Play India Limited (In ₹ Cr) (In ₹ Cr) (In % Cr) Total Income EBITDA & PAT EBITDA Margin & PAT Margin EBITDA PAT EBITDA % PAT % 181.69 157.72 40.99 26.15 32.44 20.93 20.48 17.88 15.51 102.37 18.82 16.50 15.69 92.36 81.38 6.25 3.99 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 F
Slide 31: Profit & Loss statement
Profit & Loss statement OK Play India Limited In ₹ Cr Particulars FY19 FY20 FY21 FY22 FY23 Net Sales 156.73 78.81 91.91 101.15 181.45 Other Income 0.99 2.57 0.45 1.22 0.24 Total Income 157.72 81.38 92.36 102.37 181.69 Raw Material costs 82.56 40.10 51.34 39.96 104.96 Employee Cost 15.94 12.48 10.95
Slide 32: Balance sheet
Balance sheet OK Play India Limited In ₹ Cr Equities & Liabilities FY19 FY20 FY21 FY22 FY23 Assets FY19 FY20 FY21 FY22 FY23 Equity 19.20 19.20 19.20 19.20 19.20 Non Current Assets Reserves 39.00 36.20 28.26 19.65 17.09 Fixed Assets 115.94 120.58 123.60 123.52 119.23 Net Worth 58.20 55.40 47.45 38.84
Slide 33: Cashflow
Cashflow OK Play India Limited In ₹ Cr Particular FY19 FY20 FY21 FY22 FY23 Cashflow from Operations 36.79 25.81 29.47 6.81 20.09 Investment in Fixed Assets 22.71 14.63 13.52 13.00 8.08 Free Cash Flow 14.08 11.18 15.95 -6.19 12.01 Cashflow from Investments -22.60 -14.51 -13.36 -12.13 -7.74 Cashflow f
Slide 34: Key Ratios
Key Ratios OK Play India Limited (In % Cr) (In % Cr) ROE ROCE 28.18 10.73 18.68 FY19 FY20 FY21 FY22 FY23 8.38 -6.53 -5.37 2.75 5.31 -16.81 FY19 FY20 FY21 FY22 FY23 -19.86 (In Time) (In Time) Debt to Equity Interest coverage 2.93 2.02 2.52 1.92 1.82 1.18 1.67 0.46 0.49 0.2 FY19 FY20 FY21 FY22 FY23 FY
Slide 35: Key Ratios
Key Ratios OK Play India Limited (In Times) (In Times) Current Ratio Fixed Asset Turnover Ratio 1.52 1.03 1.06 1.35 0.89 0.78 0.74 0.82 0.74 0.65 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 (In ₹ Cr) (In ₹ Cr) Per Share Matrix Book Value 31.6 3.26 30.08 25.77 19.77 18.47 FY19 FY20 FY21 FY22 FY
Slide 36: Stock data
Stock data OK Play India Limited Stock Information As on 21-04-2023 Shareholding Pattern As on 31-03-2023 BSE Code 526415 ISIN INE870B01016 Share Price (₹) 104.13 Market Capitalization (₹ Cr) 200.01 40.08 Promoter & Promoter Group No. of Shares Outstanding 1,92,08,115 59.92 Public Face Value (₹) 10
Slide 37: Thank You
OK Play India Limited 124, New Manglapuri, Manglapuri Village, Sultanpur, New Delhi, Delhi – 110030 Phone: + 91-11-4121-9090 Website: www.okplay.in Email: customer.care@okplay.in Kirin Advisors Private Limited 713-B, Lodha Supremus II, Wagle Estate, Thane West – 400 604. Email: info@kirinadvisors.co