Apar Industries Limited · NSE:APARINDS
Apar Industries — Investor Presentation (May 2024)
81 slides from Apar Industries's investor presentation, May 14, 2024
Slide 1: Exchange filing cover letter for Corporate Presentation May 2024
SEC/1405/2024 By E-Filing May 14, 2024 National Stock Exchange of India Limited BSE Limited “Exchange Plaza”, Corporate Relations Department, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra- Kurla Complex, Dalal Street, Bandra (E), Fort, Mumbai – 400 051. Mumbai - 400 001. Scrip Symbol : APARINDS Sc
Slide 2: Corporate Presentation – May 2024
Ascending Passionately, Achieving Responsibly CORPORATE PRESENTATION – May 2024
Slide 3: Table of contents
Table of contents 04 COMPANY OVERVIEW 59 FINANCIAL OVERVIEW 71 ANNEXURES 80 SHAREHOLDING PATTERN
Slide 4: Safe harbour
Safe harbour This presentation may have certain statements that may be “forward looking” including those relating to general business plans and strategy of APAR Industries Ltd., its outlook and growth prospects. The actual results may differ materially from these forward-looking statements due to se
Slide 5: Company Overview
COMPANY OVERVIEW
Slide 6: APAR Industries: Tomorrow's solutions today
APAR Industries: Tomorrow’s solutions today #1 3rd #1 16,153 Cr Largest global aluminium & Largest global manufacturer of Cables manufacturer for FY24 Revenue, ($1.95 bn) alloy conductors’ manufacturer Transformer oils renewables in India 5-year CAGR at 15.2% Our Strengths Trusted Manufacturer and s
Slide 7: Our Businesses
Our Businesses Leading the innovation curve as the world’s 3rd largest transformer oil manufacturer and with a comprehensive range of over 350 products in speciality oils, process oils & lubricants. Largest exporter of Transformer oils from India. Leading the innovation curve as the largest one-stop
Slide 8: What drives us
What drives us Our Mission (Why we exist): Our Values: To design & manufacture Building Blocks for Energy Infrastructure, Transportation & Telecommunication Sectors that contribute meaningfully to make this world a more energy efficient, environmentally sustainable and safer place. A P A R I A N Our
Slide 9: Our 65+ years of legacy (1/2)
Our 65+ years of legacy (1/2) Company incorporated Greenfield expansion to meet Diversification into State-of-the-art R&D unit Greenfield expansion with conductor business growing oils demand auto lubes segment setup at Rabale to meet growing conductors (setup Rabale oils plant) (license agreement w
Slide 10: Our 65+ years of legacy (2/2)
Our 65+ years of legacy (2/2) Only Indian company to supply 1st Indian player to create Achieved record Introduced Dull finish conductors all major HVDC projects with guidance OFC for torpedoes highturnover of Rs. 14,352 Rs 1,000 crores with special surface treatments Transformer Oils 1st Indian com
Slide 11: Well-diversified across industries & segments
Well-diversified across industries & segments Conductors Specialty Oils o One of the largest global manufacturers o 3rd largest global manufacturer of T-oils o Pioneered turnkey solutions for reconductoring with HEC, live line o 1st globally to supply the entire range of T-oils compliant to new inst
Slide 12: Extensive global presence driving exports
Extensive global presence driving exports Prominent presence with established Utilities, EPC’s & channel partners in USA Canada Mexico Colombia Brazil Peru Chile Spain France Great Britain Romania Norway Sweden Finland Poland USA Canada Australia Brazil Columbia Italy Montenegro North Macedonia Aust
Slide 13: Industries we cater to
Industries we cater to 03 Renewable Railways Energy 04 Defence Transformers Mining 05 Industrial 02 Nuclear Atomic Telecommunication & Data Communication Motors & 01 Generators 06 Power Transmission 08 Shipping & Distribution Wires & Cables 07 12 Corporate Presentation – May 2024
Slide 14: APAR Group – House of Brands
APAR Group – House of Brands 13 Corporate Presentation – May 2024
Slide 15: State-of-the-Art facilities strategically located
APAR’s State-of-the-Art facilities strategically located Manufactures: Cables Gujarat Umbergaon Manufactures: Conductors Jharsuguda Odisha Manufactures: Wires & Cables Maharashtra Manufactures: Khatalwada Conductors Lapanga Manufactures: Polymers Manufactures: Umbergaon Conductors Rabale Silvassa Ma
Slide 16: Conductors – One of the largest global manufacturers
Conductors – One of the largest global manufacturers Conventional HTLS Conductors Railway Conductors Specialty Alloy Rods OPGW Conductors ACS Wire CTC/PICC Turnkey Solutions BUSBAR Strong leadership & competitive edge Strategic focus on higher-value products FY24 revenue of INR 8,031 crore, 5 years
Slide 17: Transformation journey of APAR Conductors
Transformation journey of APAR Conductors o Bus Bar is launched for use in high voltage & low voltage equipment o Added 2 more factories in Silvasa o Introduced Copper Railway (Khanvel & Chandra Proteco) to o Introduced a premium product line conductors as per RDSO o One of the first company to succ
Slide 18: Product Portfolio - Copper Rods/Wires/Busbars/Strips
Product Portfolio - Copper Rods/Wires/Busbars/Strips Industries we cater to, o Switchgear Industries Copper alloy rod Copper strips Copper busbar o Electrical Panel Manufacturers o Electrical Substations Copper wire Copper conductor Sections copper 17 Corporate Presentation – May 2024
Slide 19: Product Portfolio - Turnkey Projects
Product Portfolio - Turnkey Projects HTLS HTLS OPGW CONVENTIONAL Transmission Distribution Live Line EPC SUBSTATION AUGMENTATION TELECOM INTEGRATION Other HTLS EPC – MVCC EPC– UG CABLE 18 Corporate Presentation – May 2024
Slide 20: Growth drivers – Conductors
Growth drivers – Conductors o Completed 165+ turnkey solution projects o Delivered 2,06,633 MT of Conductors o Premium products contribution - 45% of revenues o New order inflow – up 20% o Green initiatives to reduce carbon intensity in operations o All time high revenue in FY 2024 19 amounts in INR
Slide 21: Competitive advantage – Conductor
Competitive advantage – Conductor Exports mix in total conductor division – 44.9% in FY 24 Premium products o Technology & know-how involved in product and design, acting as a barrier to entry for competition o Special stringing mechanism with sophisticated equipment to protect the carbon composite
Slide 22: Specialty Oils & Lubricants – 3rd largest in Transformer Oils globally
Specialty Oils & Lubricants – 3rd largest in Transformer Oils globally Transformer oil White oils Industrial & process oils Industrial & auto lubricants Petroleum jelly POWEROIL TO NE premium Strong leadership & competitive edge Leading domestic player in auto lubes. INR 221 crore invested in FY17-F
Slide 23: Understanding our speciality oils business
Understanding our speciality oils business o APAR is India’s largest Private manufacturer and exporter of Speciality oils o World’s 3rd Largest Transformer Oil manufacturer o Production capacity of 7,50,000+ KL in India & 1,75,000+ KL in UAE TRANSFORMER TECHNICAL PHARMACEUTICAL RUBBER OILS GRADE WHI
Slide 24: Lubricant Product Range (Auto + Industrial)
Lubricant Product Range (Auto + Industrial) AUTOMOTIVE LUBRICANTS INDUSTRIAL LUBRICANTS On Road Off Road Maintenance Metal Working Motorcycle Passenger Diesel Construction Agricultural Reduction Hydraulic Turbine Compressor Soluble & Neat Quenching Oils Car oils Engine Oils & Infrastructure Oils Gea
Slide 25: Growth drivers – Specialty Oils & Lubricants
Growth drivers – Specialty Oils & Lubricants o 500+ Grade Oils o Total volume 5.37 lac KL of speciality oils during the year o Global transformer oils volumes up 15% vs. FY23 o Serving 140+ Countries o Launched best-in-class 99% biodegradable natural ester transformer oil 24 amounts in INR crore Cor
Slide 26: Competitive advantage – Specialty Oils & Lubricants
Competitive advantage – Specialty Oils & Lubricants Exports mix in total oil division – 45.8% in FY 24 o 3rd largest global player in transformer oils. o Diversified customer base and industries served viz., OEM's, Pharma, Tyres, Cosmetics, Auto Lubricants etc. o Limited organised players. o Approva
Slide 27: Cables - Largest domestic player in renewables
Cables - Largest domestic player in renewables Power cables House wire & cable Elastomeric cables E-beam irradiated cables OFC Speciality hybrid cables Strong leadership & competitive edge Strategic focus on higher-value products FY24 revenue of INR 3,859 crore, 5 years CAGR at 18.0% INR 603 crore i
Slide 28: Cable Solutions – Diversified Product Portfolio
Cable Solutions – Diversified Product Portfolio ELASTOMERIC CABLES FOR POWER CABLES HOUSE WIRES CABLE & E-BEAM & WIRES AND FLEXIBLES USA MARKET HARNESS CABLES Building Wire o Automotive & EV o XLPE LV Power Cables o Solar Cables o House Wires o RW75/RW90/RHH/RHW/RHW- XLPE MV Power Cables o Windmill
Slide 29: Serving diversified sectors
Serving diversified sectors o E-beam technology for house wiring - first mover advantage and the only company using this technology giving the product a 50-year life, melt resistant and flame retardant till 105 degrees. o India’s only Cable company with 4 e-Beam irradiation facilities. Power Transmi
Slide 30: Growth drivers – Cable Solutions
Growth drivers – Cable Solutions o India’s only Cable company with 4 e-Beam irradiation facilities. o Leading player in the renewable space in India (solar & wind cables). o Large number of UL certificate of compliance from India for sale of cable in the United States. o Wide range of cable & indust
Slide 31: Channel expansion in our Light Duty Cable business
Channel expansion in our Light Duty Cable business CHANNEL EXP ANSION 2022 2023 2024 D I S T R I B UT OR P R E S E N CE 19 120 339 R E T A I L C OUN T PR E S E NC E 276 2395 5833 A C T IV E S T A T E PR E S E N CE 2 13 18 D E M OS 6348 35353 76533 E L E C T R I CI A N M E E T S 474 3373 7236 30 amou
Slide 32: Competitive advantage – Cable Solutions
Competitive advantage – Cable Solutions Exports mix in total cable division – 38.3% in FY 24 o E-beam technology for house wiring - first mover advantage and the only company using this technology giving the product a 50-year life, melt resistant and flame retardant till 105 degrees. o India’s only
Slide 33: APAR Telecom Solutions
APAR Telecom Solutions Diversified Telecom Solutions as a separate a business vertical to bring more focus and garner maximum growth potential: Market Dynamics Focus Areas o Connected world with near zero latency o Converged networks o Cloud shift from hyperscale to edge o Data centres o Blockchain
Slide 34: Digitalisation taking data growth to new levels
Digitalisation taking data growth to new levels… Current use cases Global Data Consumption per user Global mobile Data traffic in EB/month GB per smartphone Video Consumption 60%+ of total traffic high uploads, creation Gaming & Software Downloads Social Networking with heavy rural and cross demogra
Slide 35: Advent of 5G and densification of small cells
Advent of 5G and densification of small cells 10X Faster than 4G| 16X Cell Density as compared with 4G 3G 4G 5G 1000 10 Km 10 Km 10 Km < 1 ms Peak Data Rate - Mbps 10 Km 10 Km 10 Km 1 Site 1 Site 1 Site Every 10 KM Every 2 KM Every 0.5 KM 100 25x 16x 63 1 15 CELL DENSITY (Cell/ 100 Sq.Km.) CELL DENS
Slide 36: Using customer centric innovations to capture future markets
Using customer centric innovations to capture future markets Innovation on Creating new products Crafting full solutions – individualproduct level to drive TCO benefits deployment ready solutions APAR Micro Cables and APAR hybrid cable is a APARsolutions for Wind-mills is Fire Resistant products uni
Slide 37: Globally, we see growth opportunities in
Globally, we see growth opportunities in Addition of Transmission Infrastructure Renewable energy Expansion Development Wind, Solar & Nuclear Public Transportation Manufacturing, Telecom (incl Mobility) China + 1 36 Corporate Presentation – May 2024
Slide 38: Corporate Presentation – May 2024
37 Corporate Presentation – May 2024
Slide 39: Corporate Presentation – May 2024
38 Corporate Presentation – May 2024
Slide 40: Addition of Renewable energy
Addition of Renewable energy SECTOR OPPORTUNITY APAR ADVANTAGE o Solar Installed capacity is expected to grow by 225 GW& o Leader in the domestic solar cable segment and most Wind installed capacity is expected to grow by 55 GW dominant player in domestic wind market with over during 2024 to 2030 in
Slide 41: Renewables – strong opportunity for all business verticals
Renewables – strong opportunity for all business verticals Renewable Power Generation Power Transmission (Sub Station/Grid) Power Distribution String Cables,Low Voltage Cables, Nacelle Wiring, Torsion Transformer Oil, CTC Conductors PICC Conductors, T&D Traditional Application based Cables and Wires
Slide 42: Public transportation (incl. Mobility)
Public transportation (incl. Mobility) SECTOR OPPORTUNITY APAR ADVANTAGE o Infrastructure investments in Indian railways, Metros and o Supply of locomotive coaches, forward integration into High-speed rail to grow exponentially harness. Largest cables supplier for Vande Bharat trains o Market leader
Slide 43: Manufacturing Infrastructure
Infrastructure growth, Manufacturing, China+1 SECTOR OPPORTUNITY APAR ADVANTAGE o Governments are allocating investments in building o Lubricants for off road equipment for infrastructure Infrastructure extensive road networks for freight transportation, ports, development which includes, cranes, ro
Slide 44: Transmission expansion
Transmission expansion SECTOR OPPORTUNITY APAR ADVANTAGE o 80,000 ckm of transmission lines added and 350,000 o Distributed sites for renewable energy requires MVA of transformation capacity added in last 5 years in application of Conductors, Cables & transformer oils in India renewable generation s
Slide 45: Telecom
Telecom SECTOR OPPORTUNITY APAR ADVANTAGE o Digital transformation evolving faster o End to end telecom solutions provider for hybrid copper and fibre cables o The GB per smartphone will grow 25% CAGR shall reach 55 GB per mobile till 2028 in India o 10 bn mobile connections with 64% mobile internet
Slide 46: Well-defined Risk Management framework in existence
Well-defined Risk Management framework in existence Customer / Credit Risk Management: o Structured process of evaluating customer & end customer background. o Defined practices for setting up of credit limits. o Process for securing credit thru various means. o In-house business-legal teams within
Slide 47: Organisational structure – Senior leadership
Organisational structure – Senior leadership Board of Directors Managing Independent Directors/Director Directors Oil Conductor Cable CFO CHRO Treasury ESG CS Operational Business Heads - Business Head - CEO – Cable Heads B2B Projects Solutions Marketing Operational Business Head - Business Head - B
Slide 48: Strong financial performance sustained over the years
Strong financial performance sustained over the years Consolidated Revenue Exports contribution at 45.2% in FY24 EBITDA * Conductors Revenue Specialty Oils & Lubricants Revenue Cables Revenue * EBITDA post open period forex excluding interest income, corporate unallocable expenditure 47 amounts in I
Slide 49: Key financial ratios
Key financial ratios Debt/ Equity Ratio (x) Net Fixed Asset Turnover Ratio (x) ROE (%) EPS 212.1 166.6 67.1 41.9 48 amounts in INR crore Corporate Presentation – May 2024
Slide 50: Making this world a better place - ESG
Making this world a better place - ESG As per CRISIL ESG Rating report: RELEASES THREE ESG REPORTS RANKED 3RD AMONG INDUSTRIAL SECTOR KEY METRICS (FY 2022-23) FY 2021-22 FY 2020-21 104,928 tCO e GHG emission 2 22,717 tCO e Scope-1 GHG emission 2 82,212 tCO e Scope-2 GHG emission 2 328,325 KL Water F
Slide 51: Major milestones
Major milestones TCFD Report ESG rating by CRISIL 3rd party certification CDP disclosure We prepared our first TCFD (Task force on APAR’s name has found a place in the CRISIL GHG emissions (Scope-1 and Scope-2) and We disclose our climate related emissions to CDP Climaterelated Financial Disclosures
Slide 52: CRISIL rating
CRISIL rating o CRISIL had started ESG rating of top listed Indian companies since 2021. First such rating was done last year, and the report was released in June 2021. o 2nd such rating was done in 2022 for 586 top Indian companies, and report was released on 19th May 2022 o APAR’s name has found a
Slide 53: Doing good for society - healthcare
Doing good for society - healthcare DR. N.D DESAI, FACULTY OF MEDICAL DHARMSINH DESAI UNIVERSITY DHARMSINH DESAI MEMORIAL SCIENCE & RESEARCH (DDU) METHODIST HEART INSTITUTE Gujarat Gujarat Gujarat Free Multi-speciality hospital with Established in 1968 Offers Provides world-class cardiac care 800
Slide 54: Doing good for society – Education and Nutrition
Doing good for society – Education and Nutrition ANAMRITA FOUNDATION GOVARDHAN ECO VILLAGE SUPPORTING TOMORROW’S DREAMS Provides Free midday meals in 21 India’s 3rd largest skill Supporting technical high school & cities development centre boys high school at Nadiad Serving 6,500+ schools, 10 S
Slide 55: Key Awards and Accolades in FY 2023-24
Key Awards and Accolades in FY 2023-24 Best Technology Expertise for Speciality Listed among top cable companies Company of the Year Award: Cables Best Renewable Cable Manufacturer Cables by wires and Cables India at EV Manufacturing Excellence Awards Award at Engineering Excellence Award at Net-Zer
Slide 56: Customer mix FY24
Customer mix FY24 Particulars FY24 Exports (of which 10% is renewable cables) 45.2% Industries/Corporate 16.4% Specific industry groups 6.6% OEM's 8.7% EPC - Transmission companies 5.8% Utilities - Transmission companies 7.6% Renewables 4.2% Utilities - Electricity Distribution Boards (Govt. + Pvt.)
Slide 57: Quality of Receivables FY 24
Quality of Receivables FY 24 Particulars % of Total Secured under various means 57.2% Government Transmission and sector specific companies 18.6% Others (of which 70%+ are with entities where APAR is having business relationship with over 24.2% 3 years) Total 100.0% 56 amounts in INR crore Corporate
Slide 58: Financial Overview
FINANCIAL OVERVIEW
Slide 59: Q4 FY24: Revenue growth 9%, healthy operating margins
Q4 FY24: Revenue growth 9%, high US revenue in base LY. Sales growth ex-US 29.8%, healthy operating margins continues * Revenue EBITDA PAT 9% YoY 3% YoY 3% YoY INR 4,455 INR 457 crores INR 236 crores crores Margin at 10.3% down 60 bps YoY Margin at 5.3% down 60 bps YoY o Domestic demand continues to
Slide 60: 12M FY24: All time high yearly Revenue and PAT
12M FY24: All time high yearly Revenue and PAT * Revenue EBITDA PAT 13% YoY 24% YoY 29% YoY INR 16,153 crore INR 1,632 crore INR 825 crore Margin at 10.1% up 90 bps YoY Margin at 5.1% up 70 bps YoY Segmental Mix 12M FY24 Revenue o 12M FY24 revenue up 13% YoY with growths coming in from all the three
Slide 61: Conductors: Q4 FY24 highlights
Conductors: Q4 FY24 highlights Revenue Volume EBITDA 10% YOY 14% YOY 3% YOY INR 2,328 crores 56,299 MT INR 272 crores INR 282 crore (Q4 FY23) Margin at 11.7%; 13.3% (Q4 FY23) EBITDA per MT EBITDA post adj* EBITDA* per MT 15% YOY 5% YOY 16% YOY INR 48,343 INR 273 crores INR 48,453 INR 56,925 (Q4 FY23
Slide 62: Conductors: 12M FY24 highlights
Conductors: 12M FY24 highlights Revenue Volume EBITDA 15% YOY 29% YOY 22% YOY INR 8,031 crore 2,06,633 MT INR 873 crore INR 716 crore (12M FY23) Margin at 10.9%; 10.2% (12M FY23) EBITDA per MT EBITDA post adj* EBITDA* per MT 5% YOY 23% YOY 4% YOY INR 42,248 INR 871 crore INR 42,141 INR 44,700 (12M F
Slide 63: Speciality Oils & Lubricants: Q4 FY24 highlights
Speciality Oils & Lubricants : Q4 FY24 highlights Revenue Volume EBITDA 3% YOY 5% YOY 24% YOY INR 1,210 crores 1,37,090 KL INR 57 crores INR 46 crores (Q4 FY23) Margin at 4.7%; 3.9% (Q4 FY23) EBITDA per KL EBITDA post adj* EBITDA* per KL 18% YOY 20% YOY 15% YOY INR 4,176 INR 58 crores INR 4,251 INR
Slide 64: Speciality Oils & Lubricants: 12M FY24 highlights
Speciality Oils & Lubricants : 12M FY24 highlights Revenue Volume EBITDA 4% YOY 11% YOY 27% YOY INR 4,837 crore 5,37,862 KL INR 315 crore INR 248 crore (12M FY23) Margin at 6.5%; 5.3% (12M FY23) EBITDA per KL EBITDA post adj* EBITDA* per KL 15% YOY 33% YOY 20% YOY INR 5,854 INR 309crore INR 5,746 IN
Slide 65: Lubricants: Q4 FY24 highlights
Lubricants : Q4 FY24 highlights Revenue Volume 4% YOY 3% YOY INR 241 crores 17,813 KL o Revenue is up by 4% in Q4 FY24 vs Q4 FY23 o Industrial volume is up 16.7% YoY, Automotive volume is down by 11.0% YoY Note: Above numbers are given only for analytical purpose. These numbers are already included
Slide 66: Lubricants: 12M FY24 highlights
Lubricants : 12M FY24 highlights Revenue Volume 6%YOY 1% YOY INR 944 crore 70,625 KL o Revenue is up 6% on YoY basis o Industrial volume up 4.0%, Automotive volume remains flat Note: Above numbers are given only for analytical purpose. These numbers are already included in Slide 63 in Specialty Oils
Slide 67: Cables: Q4 FY24 highlights
Cables : Q4 FY24 highlights Revenue EBITDA EBITDA post adj* 15% YOY 7% YOY 6% YOY INR 1,086 crores INR 124 crores INR 123 crores INR 115 crores (Q4 FY23) INR 117 crores (Q4 FY23) Margin at 11.4%; 12.2% (Q4 FY23) Margin at 11.4%; 12.4% (Q4 FY23) o Strong demand in domestic business. Overall revenue i
Slide 68: Cables: 12M FY24 highlights
Cables : 12M FY24 highlights Revenue EBITDA EBITDA post adj* 18% YOY 26% YOY 27% YOY INR 3,859 crore INR 439 crore INR 438 crore INR 348 crore (12M FY23) INR 344 crore (12M FY23) Margin at 11.4%; 10.7% (12M FY23) Margin at 11.4%; 10.5% (12M FY23) o Revenue up by 18% YoY due to increase in Elastomeri
Slide 69: 12M FY24 Division-wise EBITDA to PAT
12M FY24 Division-wise EBITDA to PAT Particulars Oil Conductor Cable Others Total EBITDA pre-open period forex (Note 1) 315.3 873.0 439.3 13.2 1,640.8 Open period forex (Note 2) 5.8 2.2 1.0 0.1 9.2 EBIDTA post open period forex 309.5 870.8 438.2 13.1 1,631.6 Finance cost (ex open period forex) (Note
Slide 70: Annexures
ANNEXURES
Slide 71: Q4 FY24: Consolidated Profit & Loss Statement
Q4 FY24: Consolidated Profit & Loss Statement Particulars Q4 FY24 Q4 FY23 % Chg YoY Q3 FY24 % Chg QoQ Gross sales 4,432.6 4,053.3 9.4% 3,986.0 11.2% Other Operating Income 22.5 31.0 (27.3%) 22.6 (0.1%) Total Operating Income 4,455.1 4,084.3 9.1% 4,008.5 11.1% Total Expenditure 4,033.8 3,660.4 10.2%
Slide 72: Q4 FY24: Consolidated Segment Analysis
Q4 FY24: Consolidated Segment Analysis Segment Q4 FY24 Q4 FY23 % Chg YoY Q3 FY24 % Chg QoQ Revenue 2,328.0 2,121.3 9.7% 1,985.5 17.3% Conductors 1,210.3 1,175.1 3.0% 1,239.6 (2.4%) Transformer & Specialty Oils 1,085.8 943.0 15.1% 924.0 17.5% Power & Telecom Cables 33.7 25.5 32.1% 31.4 7.2% Others/Un
Slide 73: Q4 FY24: Consolidated Segment Analysis
Q4 FY24: Consolidated Segment Analysis Segment Q4 FY24 Q4 FY23 % Chg YoY Q3 FY24 % Chg QoQ Segment Results before Interest and Tax Conductors 270.8 275.1 -1.5% 209.2 29.5% Transformer & Specialty Oils 51.3 40.6 26.2% 108.1 -52.6% Power and Telecom Cables 114.2 107.1 6.5% 98.3 16.1% Others/Unallocate
Slide 74: Q4 FY24: Financials
Q4 FY24: Financials Key Ratios Q4 FY24 Q4 FY23 Q3 FY24 EBITDA Margin 10.2% 10.6% 10.6% Net Margin 5.3% 5.9% 5.4% Total Expenditure/ Total Net Operating Income 90.5% 89.6% 89.9% Raw Material Cost/ Total Net Operating Income 77.2% 75.5% 76.8% Staff Cost/ Total Net Operating Income 1.7% 1.7% 1.8% Other
Slide 75: 12M FY24: Consolidated Profit & Loss Statement
12M FY24: Consolidated Profit & Loss Statement Particulars 12M FY24 12M FY23 % Chg YoY Gross sales 16,045.1 14,257.8 12.5% Other Operating Income 107.8 78.5 37.4% Total Operating Income 16,153.0 14,336.3 12.7% Total Expenditure 14,630.7 13,109.4 11.6% Cost of Raw Materials 12,540.0 11,076.2 13.2% Em
Slide 76: 12M FY24: Consolidated Segment Analysis
12M FY24: Consolidated Segment Analysis Segment 12M FY24 12M FY23 % Chg YoY Revenue Conductors 8,031.0 7,013.1 14.5% Transformer & Specialty Oils 4,836.9 4,640.8 4.2% Power & Telecom Cables 3,858.9 3,263.5 18.2% Others/Unallocated 123.3 107.3 14.9% Total Revenue 16,850.1 15,024.6 12.1% Less: Inter -
Slide 77: 12M FY24: Consolidated Segment Analysis
12M FY24: Consolidated Segment Analysis Segment 12M FY24 12M FY23 % Chg YoY Segment Results before Interest and Tax Conductors 857.5 682.5 25.6% Transformer & Specialty Oils 291.8 225.1 29.6% Power and Telecom Cables 405.1 316.8 27.9% Others/Unallocated 12.0 6.8 77.0% Total 1566.4 1231.2 27.2% Less
Slide 78: 12M FY24: Financials
12M FY24: Financials Key Ratios 12M FY24 12M FY23 EBITDA Margin 10.0% 8.9% Net Margin 5.1% 4.5% Total Expenditure/ Total Net Operating Income 90.6% 91.4% Raw Material Cost/ Total Net Operating Income 77.6% 77.3% Staff Cost/ Total Net Operating Income 1.8% 1.5% Other Expenditure/ Total Net Operating
Slide 79: Shareholding Pattern
SHAREHOLDING PATTERN
Slide 80: Market performance and shareholding structure
Market performance and shareholding structure APAR has been consistently outperforming market 300 168% 250 200 77% 150 25% 100 Apar Capital Goods Sensex Chart has been re-based to 100 As on March 31, 2024 Outstanding shares – 4,01,68,315 10.8% Major Non-Promoter Shareholders Shareholding (%) 0.9% Pr
Slide 81: Thank You
For Institutional enquiries Mr. Amey Gogate Investor Relations Mr. Ambesh Tiwari Contact No : +91 22 67800400 Contact No : +91 84248 93404 E-mail – amey.gogate@apar.com E-mail – ambesh@s-ancial.com #215, Shiv Shakti Industrial Estate, 2Nd Floor, Address: APAR house, Bldg no. 4 & 5, For Investor Grie