Olectra Greentech Limited · NSE:OLECTRA
Olectra Greentech — Q3 FY2023 Earnings Presentation
28 slides from Olectra Greentech's earnings presentation, February 2023
Slide 1: +E Buses on Indian roads
*As at December 31, 2022 1,047 * +E Buses on Indian roads
Slide 2: Disclaimer
Disclaimer This presentation (“Presentation”) does not constitute a prospectus, a statement in lieu of a prospectus, an offering circular, an advertisement, an offer document or and offering memorandum, under the Companies Act, 2013, the Securities and Exchange Board of India (Issue of Capital and D
Slide 3: Today's Presenters
Today’s Presenters Mr. K V Pradeep, 01 Chairman and Managing Director Mr. B Sharat Chandra, 02 Chief Financial Officer Mr. P Hanuman Prasad, 03 Company Secretary Mr. G Ramesh Naidu, 04 Manager CMD’s Office 3
Slide 4: Company Overview
Company Overview
Slide 5: Olectra Greentech: Company Snapshot
Olectra Greentech : Company Snapshot Incorporated in 2000, a leading Manufacturing Setting up new manufacturer of electric buses in India facilities located in One of the largest greenfield plant with Primarily engaged (1), and completed homologation of first Hyderabad, with manufacturers of capacit
Slide 6: Olectra E-Bus Product Range
Olectra E-Bus Product Range Olectra V2 -7m Olecra iX - 9m Olectra X2 - 12m Olectra CX2 – 12M Coach Type I Luxe Type I Type II Type I Type II Tarmac Type III 150 Kms 180 – 220 Kms 200 – 300 Kms 300 Kms Estimated Range 6
Slide 7: Olectra: Timeline
Olectra : Timeline 7m,9m,12m Electric AC bus launched 2,625 754 3,220 Orders On hand 2022 545 2021 Homologated 4 Models with 135 Electric bus variants 513 2020 “Limca Book of Records” – 2019 - First electric bus service in India 124 for Manali- Rohtang Operations 2018 E-buses have covered more 25 th
Slide 8: Industry Scenario
Industry Scenario
Slide 9: Industry Overview: Global E-bus penetration
Industry Overview: Global E-bus penetration Penetration of electric buses across most geographies remains low Penetration in key markets is gradually picking up E-bus sales across key automobile markets in CY2021 Trend in fully electric bus sales in key geographies (excluding China) 4.0 New e-bus re
Slide 10: Electrification Scenario in India
Electrification Scenario in India E-buses remain a key focus area in India; subsidies offered to reduce capital Significant capital outlay set aside to promote e-bus adoption under costs FAME II Allocation under the flagship FAME* scheme for electrification in India Higher subsidies (Rs. 35-55 lakh
Slide 11: Penetration of e-buses on a steady rise aided by Government support
Penetration of e-buses on a steady rise aided by Government support Trend in fully electric bus sales in India Status of e-buses under FAME II as of October 11, 2022 1,400 7% (in Units) 6% 1,200 4% 6% 1,000 5% 4% 800 3% 600 2% 1% 2% 400 0% 0% 0% 1% 200 0% 0 -1% FY2017 FY2018 FY2019 FY2020 FY2021 FY2
Slide 12: Key Investment Themes
Key Investment Themes
Slide 13: Key Investment Themes
Key Investment Themes Strong technology capabilities with a diverse Professional management and experienced product portfolio and significant market share leadership team in India Leverage experience in the manufacturing of E- Track record of robust financial and operating Buses and Composite Insula
Slide 14: Future Road Map
Future Road Map… Company has acquired 150 Company proposes to establish a Company plans to Acres of land from Telangana greenfield electric vehicle manufacture electric buses State Industrial Infrastructure manufacturing plant for which and other EV products in new Corporation Limited 150 acres of l
Slide 15: Financial Snapshot
Financial Snapshot
Slide 16: Standalone Results for the Quarter and Nine Months Ended December 2022
STANDALONE RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31 DECEMBER 2022 In Rs Lakhs REVENUE - 20% EBITDA PBT 24,864 2,011 3,194 20,713 2,858 1,730 Q3 FY23 Q3 FY22 Q3 FY23 Q3 FY22 Q3 FY23 Q3 FY22 REVENUE - 141% EBITDA PBT 5,669 9,981 76,600 5,197 2,855 31,734 9M FY23 9M FY22 9M FY23 9M FY22 9M FY23
Slide 17: Financial Performance Snapshot
Financial Performance Snapshot Revenue from Operations (INR Lakhs) Adjusted EBITDA* (INR Lakhs) PAT (INR Lakhs) 24.3% 6.7% 6.0% 59,326 2.9% 15.3% 11.3% 3,536 28,138 20,052 9,090 1,353 4,880 807 3,170 FY20 FY21 FY22 FY20 FY21 FY22 FY20 FY21 FY22 Adjusted EBITDA EBITDA Margin PAT PAT Margin Number of
Slide 18: E Bus Division Results for the Quarter and Nine Months
E BUS DIVISION RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31 DECEMBER 2022 Rs in Lakhs Q3 FY23 Q3 FY22 % Change 9M FY23 9M FY22 % Change Revenue 22,121 18,600 18.9% 68,945 25,141 174.2% EBITDA 2,577 2,563 0.5% 8,415 4,433 89.8% EBITDA Margin 12% 14% 12% 18% Profit before tax 1,316 1,871 -29.7% 4,
Slide 19: Insulator Division Results for the Quarter and Nine Months
INSULATOR DIVISION RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31 DECEMBER 2022 Rs in Lakhs Q3 FY23 Q3 FY22 % Change 9M FY23 9M FY22 % Change Revenue 2,743 2,113 29.8% 7,656 6,593 16.1% EBITDA 625 293 113.3% 1,571 1,019 54.2% EBITDA Margin 23% 14% 21% 15% Profit before tax 414 140 195.8% 989 343 1
Slide 20: Annexure
Annexure
Slide 21: Olectra Bus Fleet
Olectra Bus Fleet PMPL – Pune TSRTC – Hyderabad HRTC - Himachal Pradesh KSRTC - Kerala GSRTC - Gujarat BEST - Mumbai 21
Slide 22: Olectra Bus Fleet
Olectra Bus Fleet SSCL - Silvassa NMC – Nagpur SMC – Surat KTCL – Panjim Tirupati DSCL – Dehradun 22
Slide 23: Statement of Profit and Loss
Statement of Profit and Loss Particulars (All amounts in Indian Rupees Lakhs For the year ended For the year ended For the year ended For the nine months For the nine months unless otherwise stated) 31 March 2020 31 March 2021 31 March 2022 ended 31 December 2021 ended 31 December 2022 Income Revenu
Slide 24: Statement of Assets and Liabilities (1/2)
Statement of Assets and Liabilities (1/2) As at Particulars (All amounts in Indian Rupees Lakhs unless otherwise stated) 31 March 2020 31 March 2021 31 March 2022 30 September 2021 30 September 2022 ASSETS Non-current assets Property, plant and equipment 14,467.96 28,502.72 31,180.60 23,358.26 32,75
Slide 25: Statement of Assets and Liabilities (2/2)
Statement of Assets and Liabilities (2/2) As at Particulars (All amounts in Indian Rupees Lakhs unless otherwise stated) 31 March 2020 31 March 2021 31 March 2022 30 September 2021 30 September 2022 EQUITY & LIABILITIES Equity Equity share capital 3,283.23 3,283.23 3,283.23 3,283.23 3,283.23 Other E
Slide 26: Statement of Cash Flows (1/2)
Statement of Cash Flows (1/2) For the six months For the six months Particulars (All amounts in Indian Rupees Lakhs unless For the year ended For the year ended For the year ended ended ended otherwise stated) 31 March 2020 31 March 2021 31 March 2022 30 September 2021 30 September 2022 A. Cash flow
Slide 27: Statement of Cash Flows (2/2)
Statement of Cash Flows (2/2) For the six months For the six months For the year ended For the year ended For the year ended Particulars (All amounts in Indian Rupees Lakhs, unless otherwise stated) ended ended 31 March 2020 31 March 2021 31 March 2022 30 September 2021 30 September 2022 II. Cash fl
Slide 28: Thank You
THANK YOU