Jash Engineering Ltd. · NSE:JASH
Jash Engineering — Q3 FY2024 Earnings Presentation
31 slides from Jash Engineering's earnings presentation, February 2024
Slide 1: Jash Engineering Ltd. Investor Presentation Q3FY24
JASH ENGINEERING LTD. Contributing to a sustainable environment…….Worldwide ! Investor Presentation Q3FY24, February 2024 Mahr Shivpad Engineers Maschinenbau Pvt Ltd
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Jash Engineering 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 secur
Slide 3: Agenda
1 Company Overview Agenda 2 Product Overview 3 Financial Overview 4 Business Outlook Head Office at Unit 1 in Indore
Slide 4: Company Overview
Company Overview
Slide 5: Jash at-a-glance
Jash at-a-glance An ISO-9001:2015 / ISO-14001:2015 / OHSAS ISO 45000:2018 certified company dedicated to offering varied products for use in Water and Wastewater Pumping Stations and Treatment Plants, Storm Water Pumping Stations, Water Transmission Lines, Desalination, Power, Steel, Cement, Paper
Slide 6: Evolution of the company
Evolution of the company Biggest Water Control gates company of India Established UNIT-3 of Expanded Screen manufacturing Technical collaboration with & converted into public limited company. 50,000 Sqft. At SEZ facility and became largest Weco Armaturen, Germany to Technical & Financial collaborati
Slide 7: Evolution Through Acquisition
Evolution Through Acquisition Waterfront Fluid Controls Ltd, UK To seize the opportunity presented by closure of Hambaker and (FY-23 revenue ₹ 28 Cr) become the largest Water Control Gates company in UK using (80% Acquisition value GBP 2 million.) Waterfront local presence. Rodney Hunt Inc., USA To
Slide 8: State of Art Facilities & Turnover Capability
State of Art Facilities & Turnover Capability Total Turnover Potential from existing facility ₹ 700+ Cr UNIT-1 CAST PRODUCTS PLANT UNIT-2 FABRICATED PRODUCTS PLANT UNIT-3 SEZ PLANT Built Up Area: 125,000 Sq. ft. Built Up Area: 185,000 Sq. ft. Built Up Area: 75,000 Sq. ft. Turnover Capability : ₹ 75
Slide 9: Plant Capabilities
Plant Capabilities Bend & shear Shot blasting of carbon Physical & Chemical stainless steel up to steel up to 5000 x 4000 x testing of material 14 mm thick 20000mm Machine job with maximum size of upto Bath pickle 10,000 x 4000 x stainless steel jobs Flight Forming Positive Material 1000 mm on CNC u
Slide 10: Products Overview
Products Overview
Slide 11: Product at a Glance
Product at a Glance Water intake Systems Heavy Fabricated Gates Coarse Screening Fine Screening Equipment Equipment Penstocks / Open Channel Bulk Head Slide Roller Gates Trash Rack Jash MMR Screenmat Step Rotoclean Rotary Sluice Gates Gates Gates Screen Screen Drum Screen Downward Opening Flap Gates
Slide 12: Product at a Glance
Product at a Glance Screening Conveying Heavy Fabricated Gates Bulk Solid Handling Knife Gate Valves Equipment Valve Belt Conveyor Screw Conveyor Trash Rack “MONO” Series Slide Gate Valve Swing Gate Valve Knife Gate Valve – Version ZFB – Version KU Special Purpose Valves Screw Conveyor Jet Breaker D
Slide 13: Product at a Glance
Product at a Glance Process Equipment Heavy Fabricated Gates Detritor Slow speed floating aerator Clarifier Clarifloculator Slow speed fixed aerator Hydro Power Equipment Screw Pumps Filtering Equipment Heavy Fabricated Gates Hydropower Screw Generator Archimedean Screw Pump iFILT® Diamond Disc Filt
Slide 14: Product at a Glance
Product at a Glance Secondary Treatment Equipment Diffuser Aeration Mixing & Aeration Equipment Decanting Equipment Turbo Blower jashindia.com 14
Slide 15: Application Of Products
Application Of Products Water intake systems Storm water pumping Water & waste water Irrigation systems stations treatment plants Power plants Paper & pulp plants Petrochemical plants Steel plants jashindia.com 15
Slide 16: Product Offerings With Revenue Contribution (9M FY24)
Product Offerings With Revenue Contribution (9M FY24) Water Control Gates Screening Equipment 15% 60% 61% 27% Revenue Contribution Revenue Contribution Hydropower & Pumping , Valves Process Equipment and others 17% 9% 8% 7% Revenue Contribution Revenue Contribution jashindia.com 16
Slide 17: Making The World Our Market
Making The World Our Market From predominant sales in single geography of India in early nineties, the company is today present in multiple (over 45 countries) regions with each region having significant contribution in turnover. EUROPE Sweden & AFRICA Norway INDIA Canada 9M FY24 United Kingdom 9M F
Slide 18: Clients & Consultants - India
Clients & Consultants - India CONTRACTORS CONSULTANTS jashindia.com 18
Slide 19: Clients & Consultants - International
Clients & Consultants - International CONTRACTORS CONSULTANTS jashindia.com 19
Slide 20: Financial Performance
Financial Performance
Slide 21: Standalone Performance – Jash, Shivpad & Jash USA
Standalone Performance – Jash, Shivpad & Jash USA JASH ENGINEERING LTD. SHIVPAD ENGINEERING PVT. LTD. JASH USA / RODNEY HUNT Revenue (₹Cr)* Revenue (₹Cr)* Revenue (₹Cr/ US$ Mn) 211.7 ₹ 125.7/ $15.1 168.9 15.9 ₹ 98.1 / $ 11.8 7.2 9MFY23 9MFY24 9MFY23 9MFY24 9MFY23 9MFY24 PAT (₹Cr) PAT (₹Cr) PAT (₹Cr/
Slide 22: Consolidated Financial Snapshot
Consolidated Financial Snapshot Revenues (₹Cr)* Gross Profit (₹Cr) & Margin (%) EBITDA (₹Cr) & Margin (%) 50.4 303.2 185.0 241.3 36.3 145.6 16.6% 61.0% 15.0% 60.3% 9MFY23 9MFY24 9MFY23 9MFY24 9MFY23 9MFY24 Profit Before Tax (₹Cr) Profit After Tax (₹Cr) 34.4 27.8 21.2 18.5 9MFY23 9MFY24 9MFY23 9MFY24
Slide 23: Consolidated Income Statement
Consolidated Income Statement Particulars (₹ Cr) Q3FY24 Q2FY24 Q3FY23 9MFY24 9MFY23 Total Income 141.3 96.5 118.2 303.2 241.3 Total Expenses 113.1 86.5 99.7 268.9 220.0 EBITDA 33.9 15.6 24.2 50.4 36.3 EBITDA Margin (%) 24.0% 16.2% 20.5% 16.6% 15.0% Finance Cost (Net) 3.1 3.0 3.0 8.0 7.3 Depreciation
Slide 24: Business Outlook
Business Outlook
Slide 25: Consolidated Order Book as on 1st February 2024
Consolidated Order Book as on 1st February 2024 Jash Engineering Ltd Within India ₹ 440 Cr ₹ 268 Cr Jash USA / Rodney Hunt Outside India ₹ 380 Cr ₹583 Cr Shivpad Engineering Pvt Ltd Combined order book stood at ₹ 31 Cr ₹ 851 Cr jashindia.com 25
Slide 26: Consolidated Order Pipeline as on 1st February 2024
Consolidated Order Pipeline as on 1st February 2024 ALREADY NEGOTIATED UNDER NEGOTIATION Within India Within India ₹ 25 Cr ₹ 32 Cr Outside India Outside India ₹ 28 Cr ₹ 02 Cr Combined Combined ₹ 53 Cr ₹ 34 Cr jashindia.com 26
Slide 27: Consolidated Sales Outlook for FY 23-24
Consolidated Sales Outlook for FY 23-24 Jash Engineering Ltd Within India ₹ 345 Cr (Achieved ₹206.06 crore in 9MFY24) ₹ 220 Cr Jash USA / Rodney Hunt Outside India ₹ 200 Cr ₹ 295 Cr (Achieved ₹124.05 crore in 9MFY24) Shivpad Engineering Pvt Ltd Combined ₹ 30 Cr ₹ 515 Cr (Achieved ₹ 6.87 crore in 9MF
Slide 28: Other Developments
Other Developments • Rodney Hunt has become profitable in the third quarter and is expected to exceed its targeted revenue of US$ 26 Million and achieve good profitability in current financial year. This will enable it to reduce its accumulated losses significantly and turn positive by the first hal
Slide 29: Management Commentary
Management Commentary Mr. Pratik Patel Managing Director “We are delighted to announce robust growth for the current quarter. Our revenue from operations increased by 28% to ₹298.50 crores in the first nine months of FY24, and our EBIDTA experienced a remarkable year-on-year (YoY) growth of 39%, rea
Slide 30: Shareholders Information
Shareholders Information STOCK DATA SHAREHOLDING PATTERN (As on 24th January 2024) (As on 31st December 2023) Promoters NSE Symbol Market JASH Capitalization Public INR 2,100 Crore 51% 47.4% Shares 1.6% Stock Price Outstanding INR 1,750 Employee INR 1.20 Crore Trusts (231 Employees) jashindia.com 30
Slide 31: Thank You
THANK YOU FOR MORE INFORMATION, CONTACT CA Dharmendra Jain Siddesh Chawan Jash Engineering Limited Ernst & Young LLP/ Investor Relations E-mail: dharmendrajain@jashindia.com E-mail: Siddesh.Chawan@in.ey.com Ph.:0731-6732700, 0731-2720143 Ph.: +91 99302 35001 JASH ENGINEERING LTD RODNEY HUNT INC JASH