Alicon Castalloy Limited · NSE:ALICON
Alicon Castalloy — Q1 FY2022 Earnings Presentation
22 slides from Alicon Castalloy's earnings presentation, Aug 6, 2021
Slide 1: Cover letter to BSE and NSE
August 06, 2021 To To The Manager The Manager The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P. J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalai Street, Mumbai — 400 001 Bandra (East), Mumbai — 400 051 Scrip Code: 5311
Slide 2: Alicon Castalloy Ltd Q1 FY22 Results Presentation
Alicon Castalloy Ltd Q1 FY22 Results Presentation August 5, 2021
Slide 3: Forward-looking statements disclaimer
Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "conte
Slide 4: About Alicon, Q1 FY2022 Highlights, Concall Details
About Q1 FY2022 Concall Alicon Highlights Details 3
Slide 5: About Alicon Castalloy
About Alicon Castalloy
Slide 6: End-to-end solutions across aluminum casting needs
Offers end-to-end solutions spanning the entire spectrum of aluminum casting needs across multiple user industries Offers - Design, Diversified Pioneer in Engineering, marquee Robust track India for Casting, Customer record of 49 processes of Operates one Leaders in the Machining and base across yea
Slide 7: Alicon key figures at a glance
851 86 89 customers with.. 4 INR crore of Total INR crore of Manufacturing Income in FY21 EBITDA in FY21 757 Live Parts Units 131 997 Presence in No. of product 18 No. of permanent innovations during FY20 countries employees 6
Slide 8: A blend of European engineering skills
Enkei Corporation Alicon Castalloy Leading Japanese Largest Foundry in India – motor cycle and offering frugal engineering passenger car solutions wheel A blend of manufacturer European 70+ years of 49 years of track record 230+ engineering skills, experience Years of Cumulative Japanese quality Sil
Slide 9: Catering to key sectors of the Indian economy
Prototype Design Tool Design & Painting & Manufacturing Simulation Machining & Tool Sub-Assembly Manufacturing VA/VE Casting Fixture Design & Suggestions Manufacturing Manufacturing Catering to key sectors of the Indian economy Automobile Infrastructure Aerospace Medical Energy Agriculture 8
Slide 10: Strategic locations enable shorter time-to-market and cost optimization
Strategic locations enable shorter time-to-market and enhanced cost optimization 4 modern plants France (1 international) Slovakia High-end machines Austria Binola USA Pune Advanced Technology Centre Globally competent Tool Rooms (20 tools/ a month USA Marketing Franchise Full-edged Machine Shop (in
Slide 11: Diversity across markets and industries provides a natural hedge
Diversity across markets and industries provides a natural hedge TWO WHEELER OEM FOUR WHEELER OEM TIER 1 & NON AUTO Not reliant on a single ‘anchor’ customer None of the customers contribute >15% of turnover AND MANY MORE…. 10
Slide 12: Q1 FY2022 Operational & Financial Highlights
Q1 FY2022 Operational & Financial Highlights
Slide 13: Business & Macro-demand Highlights
Business & Macro-demand Highlights: • April and May 2021 saw subdued demand and volume offtake across domestic markets due to the onset of the second wave of the pandemic • In addition, commodity-related price hikes and high petrol prices in the quarter impacted demand scenario • As lockdowns and re
Slide 14: Operational update: capacity utilization and cost initiatives
• Given the lockdowns and restrictions in India, Alicon’s manufacturing units operated at 50% average capacity utilization levels and at reduced manning levels • This, in addition to lower demand in April and May, resulted in lower volumes • However, with easing of restrictions in June, the Company
Slide 15: Key Motto for FY 21-22: 3R
• Lower fixed expenses • In Q1FY22, the Company has booked • Lean and Agile manufacturing 13 parts processes Sustainable Cost- New optimisation Business • This includes 4 parts in the Domestic • Improved gross margins Wins: business • Focus on reducing overheads • 9 parts from the Export business •
Slide 16: Total Income, EBITDA, PBT and PAT trends
• Reported a steady performance Total Income EBITDA during the quarter, despite challenges in the operating 49.1 323.1 environment 18.0 211.7 • Performance supported by improved contribution from 53.7 international subsidiary – Illichman. -23.4 Q1FY21 Q4FY21 Q1FY22 • In Q1, total Income was Q1FY21 Q
Slide 17: Revenue mix: auto vs non-auto, domestic vs exports
Non-auto, 10% Exports, 28% Auto, 90% Domestic, 72% 16
Slide 18: Q1 FY22 income statement
Particulars (Rs. crore) Q1FY22 Q1FY21 Y-o-Y Shift Net Revenue from Operations 210.75 52.98 298% Other Income 0.94 0.68 38% Total Income 211.68 53.66 294% Total Expenditure 193.65 77.07 151% Raw Material expenses 105.01 25.74 308% Employee benefits expense 32.01 29.75 8% Other expenses 56.63 21.59 16
Slide 19: CEO commentary on performance
Commenting on the performance, Mr. Rajeev Sikand, Group CEO , Alicon Castalloy said, “We have reported a resilient performance in the quarter despite challenges in the operating environment in India caused by the severe second wave. During this period, we witnessed subdued offtake by OEMs and other
Slide 20: Concall Details
Concall Details
Slide 21: Q1 FY22 Earnings Conference Call
Alicon Castalloy’s Q1 FY22 Earnings Conference Call Time & Date • 12.00 noon IST on Friday, August 6, 2021 Local dial-in numbers • +91 22 6280 1141 • +91 22 7115 8042 International Toll Free Number • Hong Kong: 800 964 448 • Singapore: 800 101 2045 • UK: 0 808 101 1573 • USA: 1 866 746 2133 20
Slide 22: Thank You
Thank You For further information, please contact: Tarunkumar Vyas Alicon Castalloy Ltd Tel: +91 74200 73369 E-mail: tarun.vyas@alicongroup.co.in Mayank Vaswani / Shikha Kshirsagar / Mit Shah CDR, India Tel: +91 22 98209 40953 / 99201 68314 Email: mayank@cdr-india.com shikha@cdr-india.com For more i