Sanghvi Movers Limited · NSE:SANGHVIMOV
Sanghvi Movers — FY2021 Earnings Presentation
21 slides from Sanghvi Movers's earnings presentation, May 27, 2021
Slide 1: Sanghvi Movers Limited - Financial Results Updates cover letter
SANGHVI MOVERS LIMITED Regd. Office : Survey No. 92, Tathwade Taluka - Mulshi, Pune, Maharashtra - 411 033, INDIA. Tel. : 8669674701/2/3/4, 020-71044700 E-mail : sanghvi@sanghvicranes.com Web. : www.sanghvicranes.com CIN No.: L29150PN1989PLC054143 SANGHVI REF: SML/SEC/SE/21-22/14 Date: 27th May 2021
Slide 2: Index
Sanghvi Movers Limited Results Update for FY 2020-21 INDEX Sr. Particulars Page Nos. 1 Financial Highlights 2–8 2 Debt Profile 9 – 16 3 Crane Fleet as on 31-03-2021 17 – 17 4 Details of Revenue, Clients, Position of S. Debtors, Receivable Days etc. 18 – 19 5 Disclaimer 20 – 20 Page | 1
Slide 3: Financial Highlights
Sanghvi Movers Limited Results Update for FY 2020-21 FINANCIAL HIGHLIGHTS Page | 2
Slide 4: Financial Highlights: Gist of financial performance
Sanghvi Movers Limited Results Update for FY 2020-21 1.0 FINANCIAL HIGHLIGHTS 1.1 Gist of financial performance is as under – • SML have achieved Turnover of Rs. 253.02 Crores for the financial year ended 31st March, 2021 and have posted net loss of Rs. 22.42 Crores. • Average CU for the year was 56
Slide 5: Financial Highlights (continued)
Sanghvi Movers Limited Results Update for FY 2020-21 • During the period under review, company have received a sum of Rs. 15.50 Crores from Suzlon Energy Limited against its past dues for which company have already made provision for doubtful debts in previous financial year. • During the Year, comp
Slide 6: Summarized Financial Performance
Sanghvi Movers Limited Results Update for FY 2020-21 1.2 - Summarized Financial Performance (Rs. in Crores) Sr Particulars FY 2021 FY 2020 a) Income from Operations 223.89 322.87 b) Other Income 29.14 3.33 c) Total Income (a) + (b) 253.03 326.20 d) Total Expenditure 136.58 166.14 e) PBIDT c) – d) 11
Slide 7: Balance Sheet as on 31st March 2021 - Assets
Sanghvi Movers Limited Results Update for FY 2020-21 1.3 – Balance Sheet as on 31st March, 2021 Balance Sheet as on (Rs. In Crores) Particulars 31/03/2021 31/03/2020 ASSETS Audited Audited Non Current Assets Property, Plant and Equipment 832.28 961.16 Capital work in progress 0.00 0.00 Right of use
Slide 8: Balance Sheet - Equity and Liabilities
Sanghvi Movers Limited Results Update for FY 2020-21 (Rs. In Crores) EQUITY AND LIABILITIES 31/03/2021 31/03/2020 EQUITY Audited Audited SHAREHOLDERS FUNDS Share Capital 8.66 8.66 Reserves & Surplus 700.34 717.77 Total Equity :- 709.00 726.42 NON-CURRENT LIABILITIES Financial Liabilities i) Borrowin
Slide 9: Quarter-on-Quarter Summarized Financial Performance
Sanghvi Movers Limited Results Update for FY 2020-21 1.4 – Quarter-on-Quarter Summarized Financial Performance (Amount in Crores) Sr Particulars FY 2021 Q4 Q3 Q2 Q1 FY 20 (A) FY21 FY21 FY21 FY21 (A) a) Income from Operations 223.89 81.27 54.83 51.38 36.41 322.87 b) Other Income 29.15 8.51 5.03 11.19
Slide 10: Debt Profile as on 31-03-2021
Sanghvi Movers Limited Results Update for FY 2020-21 DEBT PROFILE AS ON 31-03-2021 Page | 9
Slide 11: Debt Profile: Break up of Borrowing
Sanghvi Movers Limited Results Update for FY 2020-21 2.0 DEBT PROFILE AS ON 31-03-2021 2.1 - Break up Borrowing as on 31-03-2021 (Rs. Crores) Sr. Particulars 31.03.21 31.03.20 + / (-) 1 Term Loans from various Banks 173.21 282.22 (109.01) 2 Working Capital Loan - Cash Credit Limit 2.17 9.51 (7.34) 3
Slide 12: Year wise Debt Position of the Company
Sanghvi Movers Limited Results Update for FY 2020-21 2.5 – Year wise Debt Position of the company during last 4 years YEAR WISE POSITION OF TOTAL BORROWINGS OF THE COMPANY 600 510 500 401 400 AMOUNT IN CRORES 300 282 200 173 100 21 24 20 21 22 11 10 2 - 31.03.2018 31.03.2019 31.03.2020 31.03.2021 Te
Slide 13: Year wise Debt Repayment during last 3 years
Sanghvi Movers Limited Results Update for FY 2020-21 2.6 – Year wise Debt Repayment made by the company during last 3 years. YEAR WISE DEBT REPAYMENT MADE BY THE COMPANY DURING LAST 3 YEARS Rs. Crores 400 338 350 300 250 200 150 133 96 109 100 50 - FY 2019 FY 2020 FY 2021 Total Page | 12
Slide 14: Gradual Reduction in Debt: Equity Ratio
Sanghvi Movers Limited Results Update for FY 2020-21 2.7 – Gradual Reduction in Debt: Equity Ratio YEAR WISE DEBT : EQUITY RATIO 0.8 0.69 0.7 0.61 0.6 0.5 0.43 0.4 0.28 0.3 0.2 0.1 0 31.03.2018 31.03.2019 31.03.2020 31.03.2021 Page | 13
Slide 15: Year wise Interest Payment during last 4 years
Sanghvi Movers Limited Results Update for FY 2020-21 2.8 – Year wise Interest Payment made by the company during last 4 years. YEAR WISE INTEREST PAYMENT MADE BY THE COMPANY DURING LAST 4 YEARS 60 55 Amount in Crores 50 48 41 40 30 26 20 10 - FY 2018 FY 2019 FY 2020 FY 2021 Page | 14
Slide 16: Improvement in Interest Coverage Ratio
Sanghvi Movers Limited Results Update for FY 2020-21 2.9 – Significant improvement in Interest Coverage Ratio over last 4 years. Interest Coverage Ratio 5.00 4.50 4.43 4.00 3.90 3.50 3.00 2.50 2.00 2.15 1.89 1.50 1.00 0.50 - FY 2018 FY 2019 FY 2020 FY 2021 Interest Coverage Ratio Page | 15
Slide 17: Comfortable Debt Repayment Obligation in Next Four Years
Sanghvi Movers Limited Results Update for FY 2020-21 2.10 – Comfortable Debt Repayment Obligation in next four years COMFORTABLE DEBT REPAYMENT OBLIGATION IN NEXT 4 YEARS 200 180 173 160 140 120 100 80 65 60 43 40 36 29 20 - FY 2022 FY 2023 FY 2024 FY 2025-2026 Total Debt Repayment (Amount in Rs. Cr
Slide 18: Fleet of Cranes as on 31st March 2021
Sanghvi Movers Limited Results Update for FY 2020-21 FLEET OF CRANES AS ON 31ST MARCH 2021 3.0 FLEET OF CRANES AS ON 31ST MARCH 2021 – SML has a fleet of 377 Cranes as on 31st March, 2021. The total amount of Gross Block of Cranes as on 31st March, 2021 was Rs. 2126 Crores. Company has fleet of 238
Slide 19: Details of Revenue, Clients, Position of S. Debtors, Receivable Days
Sanghvi Movers Limited Results Update for FY 2020-21 DETAILS OF REVENUE, CLIENTS, POSITION OF S. DEBTORS, RECEIVABLE DAYS ETC. Page | 18
Slide 20: Sector Wise Revenue Break Up and Debtors Ageing
Sanghvi Movers Limited Results Update for FY 2020-21 4.0 DETAILS OF REVENUE, CLIENTS, POSITION OF S. DEBTORS, RECEIVABLE DAYS 4.1 Sector Wise Revenue Break Up The Sector Wise Revenue Break up for FY 2020-21 and FY 2019-20 is as under - Sr Sector FY 2020-21 FY 2019-20 1 Wind Mill Sector 34.00% 46.00%
Slide 21: Disclaimer
Sanghvi Movers Limited Results Update for FY 2020-21 Disclaimer: This presentation contains certain forward looking statements concerning Sanghvi Movers Limited’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results cou