Pennar Industries Limited · NSE:PENIND
Pennar Industries — Q4 FY2017 Earnings Presentation
29 slides from Pennar Industries's earnings presentation, 2017
Slide 1: Pennar Industries Limited Investor Presentation Q4FY17/FY17
Pennar Industries Limited Investor Presentation Q4FY17/ FY17 PENNAR INDUSTRIES LIMITED
Slide 2: Disclaimer
Disclaimer This presentation contains “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Pennar Industries Limited and its subsidiary companies’ (“Pennar”) future business developments a
Slide 3: Q4FY17/ FY17 Snapshot
Q4FY17/ FY17 Snapshot
Slide 4: Financial Performance – FY17
Financial Performance –FY17 In Rs crs Gross Revenues Gross Revenues 1,718 1,105 986 1,481 Consolidated Performance Standalone Performance FY16 FY17 FY16 FY17 Net Revenue & EBITDA % Net Revenue & EBITDA % 1,549 991 1,310 874 9.4% 11.2% 9.3% 11.6% FY16 FY17 FY16 FY17 4
Slide 5: Financial Performance – Q4FY17
Financial Performance – Q4FY17 In Rs crs Gross Revenues Gross Revenues 512 312 440 271 275 395 Consolidated Performance Standalone Performance Q4FY16 Q3FY17 Q4FY17 Q4FY16 Q3FY17 Q4FY17 Net Revenue & EBITDA % Net Revenue & EBITDA % 465 282 395 246 245 352 11.6% 10.0% 14.9% 11.1% 10.7% 8.1% Q4FY16 Q3F
Slide 6: Segment Performance – Q4FY17
Segment Performance – Q4FY17 Systems & Projects Tubes 41.2 141.8 10.1% Net Revenues (Rs crs) & EBITDA Margin % 15.3% 14.4% 36.3 86.2 8.2% Q4FY16 Q4FY17 Q4FY16 Q4FY17 Industrial Components Steel Products 17.6 91.0 15.5 17.3% 78.2 15.9% 6.2% 6.3% Q4FY16 Q4FY17 Q4FY16 Q4FY17 6
Slide 7: Evolving Business Mix (1/2)
Evolving Business Mix (1/2) As of 31st March, 2017 Scrap ICD 4% 6% Steel Products Steel Products Tubes 28% 13% Systems and Projects Tubes ICD Scrap Systems and Projects 50% As a Percentage of Standalone Revenues for Q4FY17 7
Slide 8: Evolving Business Mix (2/2)
Evolving Business Mix (2/2) * Tubes (13%) * Steel Products (28%) Automobile CDW Tubes General Engg. 9% 4% 5% ERW Buildings 3% Tubes 9% Auto 3% Infrastructure Profile 2% Others 6% * Systems and Projects (50%) Railways 16% Solar 34% * As a Percentage of Standalone Revenues for Q4FY17 8
Slide 9: Segment Highlights
Segment Highlights
Slide 10: Segment-wise Business Review; Outlook – Systems and Projects Railways
Segment-wise Business Review; Outlook Systems Market Share – INR 180.5 25% Coaches; crores and Projects 15% Wagons FY17 Sales - Railways Business Highlights Outlook for FY18 Major Customers: Integral Coach Factory, Chennai; Modern • Targeting an increased order book from Coach Factory, Raebareli; Te
Slide 11: Segment-wise Business Review; Outlook – Systems and Projects Solar
Segment-wise Business Review; Outlook Systems and 15 INR 253.9 crores Projects - Customers FY17 Sales Solar Solar • Repeat customers include Greenko Energy, Sterling Generators, Waree Energy, Tata Power. One new customer added - Adani Enterprises Pvt Ltd added. • Major customers include Sterling & W
Slide 12: Segment-wise Business Review; Outlook – Tubes
Segment-wise Business Review; Outlook Market share INR 155.2 CDW 8% crores ERW 5% FY17 Sales Tubes Business Highlights • 70% of the orders are from regular major OEAs in the form of monthly schedule and balance 30% are project- based orders. • 2% of total billed quantity is from new customers added
Slide 13: Segment-wise Business Review; Outlook – Industrial Components
Segment-wise Business Review; Outlook 4 New INR 58.1 crores Industrial Customers FY17 Sales components Business Highlights Outlook • Strong growth seen in White goods segment. • White goods segment: Strong market demand is seen • Two wheeler segment: Post demonetization, Feb & Mar from March’17 and
Slide 14: Segment-wise Business Review; Outlook – Steel Products
Segment-wise Business Review; Outlook Customers Steel INR 309.7 CRSS: 100 crores Products – CRFS: 75 FY17 Sales Steel CRFS Orders • Order in ESP from Thermax, GE Power; Order in Buildings from SNC Pvt Ltd., BTL EPC Ltd.-NTPC Unchahar project, Indwell Construction, Power Mech-NTPC project; Repeat Ord
Slide 15: Subsidiary Highlights
Subsidiary Highlights
Slide 16: Group Subsidiaries
Group Subsidiaries Pennar Industries Limited Market Cap as of 31st March, 2017 – INR 493.4 Crs Pennar Engineering Pre-engineered building systems, Roof Top Solar, Solar Building Systems EPC Industrial Water Treatment Pennar Enviro Solutions, Water Treatment Chemicals, Fuel Additives Pennar Renewable
Slide 17: Subsidiary Highlights – Pennar Enviro
Subsidiary Highlights 5 New Pennar Customers Enviro Repeat Orders: STEAG Energy Services (India) Pvt. Ltd; Parry Sugar Refinery India Private Ltd; Hatsun Agro Products Ltd; Covalent Laboratories Pvt. Ltd; Sigma Electric Manufacturing; New Customers: Heubach Colour Pvt. Ltd., Bharat Oman Refineries L
Slide 18: Subsidiary Highlights, Outlook – PEBS
Subsidiary Highlights, Outlook Rs 372 FY17 Gross crores Sales of Rs PEBS Order Book 570.3 crores Pennar New Orders : JSW Cement in Maharashtra, JSW’s Paint in Karnataka, Toyo Engineering India Limited, Amplus Energy Solutions Pvt Ltd.’s solar project, Hetero Drugs Ltd. for Hyderabad, Aequs SEZ Pvt L
Slide 19: Projects - Subsidiaries
Projects - Subsidiaries
Slide 20: Projects – Pennar Enviro
Projects – Pennar Enviro JBF ONGC BIOLOGICAL E-PROJECT AGI-CIVIL HETERO DHUNSERI 20
Slide 21: Projects – PEBS
Projects – PEBS High-rise structure in Hyderabad COCA COLA TEXPORT HIL SHAPOORJI & PALLONJI VEE RUBBER TVS INFRA ULTRATECH - TADIPATRI 21
Slide 22: The Pennar Group
The Pennar Group
Slide 23: FY17 Performance
1549.4 74.9 11.2% FY17 Cr. Cr EBITDA Performance Net Cash Margin Revenue Profit 174.2 3% 46.7 3.88 Cr. PAT Cr. EPS EBITDA Margin PAT
Slide 24: Years of Experience, Precisely Engineered Products
30 1,000 500 2,500 2,000 YEARS OF PRECISELY CUSTOMERS TOOLS & EMPLOYEES AND EXPERIENCE ENGINEERED DIES GROWING ! PRODUCTS
Slide 25: Business Segments
Business Segments Steel Products Systems and Industrial Tubes Projects Components • Automobiles • Railway Coaches • Automobiles • Automobiles • General and Wagons • Industrial • Power Engineering • Solar Mounting • White Goods • Infrastructure Structures • Hydraulics • White Goods z z zv z 25
Slide 26: Distributed Manufacturing
Distributed Manufacturing Tarapur Solar, Building Products, Auto Profiles, ESP Patancheru Press Components, Profiles, ESP / Building Products, Sheet Piles / Solar, Railway Components, CRSS, Fabrication Isnapur Isnapur Tarapur Patancheru CRSS, ERW / CDW Tubes, Profiles, Solar Chennai Chennai Coaches,
Slide 27: Management Team
Management Team
Slide 28: Management Team
Management Team Leadership Team Nrupender Rao Aditya N. Rao P. V. Rao Shreepad Purkar Executive Chairman Vice Chairman, Managing Managing Director President and CEO Pennar Group Director, Pennar PEBS Pennar Pennar Enviro Industries Business Heads Dayasagar Rao Y Narasimha Rao M. Bhoopal Reddy Shiva
Slide 29: Thank You
THANK YOU Contact Details: Investor Relations – Jill Deviprasad Cell: +91-7718834519 Email: jill@velresearch.com Pennar Industries Limited Floor: 3, DHFLVC Silicon Towers Kondapur, Hyderabad - 500 084, Telangana CIN : L27109AP1975PLC 001919