Zen Technologies Limited · NSE:ZENTEC
Zen Technologies — Q4 FY2022 Earnings Presentation
21 slides from Zen Technologies's earnings presentation, May 8, 2022
Slide 1: Exchange filing cover letter for earnings presentation
Date: 08th May 2022 To To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street Bandra Kurla Complex, Mumbai- 400001 Bandra (E), Mumbai – 400 051 Through: BSE Listing Centre Through: NEAPS Security Code: 533339 Symbol/Security ID: Z
Slide 2: Zen Technologies Limited Earnings Presentation Q4FY22 & FY22
Zen Technologies Limited Earnings Presentation Q4FY22 & FY22 India’s leading defence training solution provider NSE : ZENTEC B SE : ZENTEC - 533339 BLOOMBERG : ZEN IN REUTERS : ZETE . BO
Slide 3: Inside the Document
Inside the Document 01 02 03 04 Management Quarterly & FY22 Order Book Way Forward Commentary Highlights Status 05 06 07 08 Financial Statement Disclaimer Contact Us Annexures Summary
Slide 4: Management Commentary
03 / 12 Management Commentary Commenting on the performance of Q4FY22, Mr. Ashok Atluri, Chairman and Managing Director commented: “We are pleased to share an update to accompany our FY22 results. This year’s sales were primarily driven by AMC contracts, while we continued to face some unforeseen ch
Slide 5: Quarterly Highlights
04 / 12 Quarterly Highlights All data ₹ in crores REVENUE FROM OPERATIONS (QOQ) EBITDA (EXCLUDING OI) (QOQ) PROFIT AFTER TAX (QOQ) QUARTER 30.00 27.78 5.00 4.82 6.00 5.15 HIGHLIGHTS :Q4FY22 25.00 5.00 4.00 4.00 20.00 16.26 3.00 15.00 3.00 Revenue Contribution from 10.00 2.00 2.00 Sale of Equipment:
Slide 6: Financial Year Highlights
05 / 12 Financial Year Highlights All data ₹ in crores REVENUE FROM OPERATIONS EBITDA PROFIT AFTER TAX 80 69.75 10 2.8 2.77 54.64 8 7.38 2.75 2.7 6 40 4.56 2.65 2.61 4 2.6 2 2.55 0 0 2.5 FY21 FY22 FY21 FY22 FY21 FY22 REVENUE SEGMENTATION REVENUE SEGMENTATION R & D EXPENSES 80.00 40.00 16.00 14.24 10
Slide 7: Order Book Status
06 / 12 Order Book Status TOTAL ORDER NEW ORDERS BOOK + ORDERS - EXECUTED = ORDER BOOK Order Book as on New Order bagged in Orders executed in Total Order Book as on 1st January 2022 Q4FY22 Q4FY22 31st March 2022 AMC: 122.62 Cr AMC: 1.01 Cr AMC: 8 Cr AMC: 115.63 Cr Sale of Equipment: 298.37 Cr Sale
Slide 8: Way Forward
07 / 12 Way INCREASING PREDICTABILITY IN TURNOVER : Forward We are working towards strategically positioning the business model to reduce lumpiness. The sale of equipment done in the last couple of years will start contributing to the top line in terms of Annual Maintenance Contracts. EQUIPMENT SALE
Slide 9: Financial Statement Summary
08 / 12 Financial Statement Summary SUMMARY OF CONSOLIDATED PROFIT & LOSS STATEMENT All data ₹ in crores (excluding EPS) Particulars Q4FY22 Q3FY22 Q4FY21 FY22 FY21 Revenue from Operations 27.78 16.26 21.55 69.75 54.64 Other Income 2.64 1.02 0.89 5.38 3.02 Total Income 30.42 17.28 22.44 75.13 57.66 T
Slide 10: Financial Statement Summary
09 / 12 Financial Statement Summary Summary of Consolidated Balance Sheet All data ₹ in crores Particulars FY22 FY21 Total Equity 289.90 210.66 Non Current Liabilities 7.10 2.94 Current Liabilities 71.96 9.72 Total Equity and Liability 368.96 223.32 Non Current Assets 92.75 93.21 Current Assets 276.
Slide 11: Financial Statement Summary
10 / 12 Financial Statement Summary Summary of Consolidated Cash Flow Statement All data ₹ in crores Particulars FY22 FY21 Cash Flow from Operating Activities -44.26 5.90 Cash Flow from Investing Activities -43.61 -9.77 Cash Flow from Financing Activities 87.98 8.98 Net increase/ (decrease) in cash
Slide 12: Disclaimer
11 / 12 Disclaimer This document which have been prepared by Zen Technologies 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 securities, and shall not form the basis or be reli
Slide 13: Let’s connect
12 / 12 Let’s connect HANSRAJ SINGH RAJPUT DIWAKAR PINGLE ABHISHEK MEHRA cosec@zentechnologies.com Diwakar.pingle@in.ey.com abhishek@theinvestmentlab.in Company Secretary & Compliance Officer Investor Relations Advisor Investor Relations Advisor Zen Technologies Limited Ernst & Young TIL Advisors
Slide 14: Annexures
Annexures
Slide 15: Zen Technologies at a glance
Zen Technologies A pioneer in providing state of art Defence Training Solutions, Drones and Anti-Drone Solutions for imparting defense training at a glance and measuring combat readiness of security forces. The company is engaged in indigenous design, development and manufacturing of sensors and sim
Slide 16: Business Canvas
Business Canvas SALE OF EQUIPMENT COMBAT TRAINING CENTRE ANNUAL MAINTENANCE CONTRACT • A leader in manufacturing defence • A training platform to provide realistic • A recurring revenue stream with training solution with > 95% market battle experiences by integrating superior profitability margins.
Slide 17: R&D – Our Strong Suit
R&D – At Zen, continuous research efforts have resulted in creation of diverse technological solutions and corresponding patent Our Strong Suit portfolio. Till date the company has filed for more than 109 patents for the pioneering initiatives undertaken, of which 27 have been granted. • ~67 IP driv
Slide 18: New Product Additions
New Product Additions • With changing warfare dynamics, drones have become a major threat to any country’s security. Anti-Drone Anti-Drone • Authorities across the globe investing in Systems Simulators & Drone technologies to neutralize Simulators this threat. • Wide applications. Not only restricte
Slide 19: Strategic Priorities
Strategic The business model of the company has been strategically positioned to reduce lumpiness and enhance the profitability Priorities in the coming years. Continue to grow the Scale the AMC Develop and expand Continuously improve sales of Equipment business, where the the international competit
Slide 20: Strong Regulatory Tailwinds
Strong Regulatory The defence business is a regulated one, which is largely impacted by government policy and budget allocation to the Tailwinds sector. The government’s keen focus on Make in India and Atmanirbhar Bharat campaign has created conducive environment The Government of India (GOI) has fo
Slide 21: Investment Merits
Investment Merits ASSET-LIGHT business model INCREASING SHARE OF AMC which is annuity in nature STRONG Focus on REGULATORY HIGH VALUE tailwinds COMPLEX SYSTEMS INCREASING STRONG R & D SPENDS BALANCE SHEET with special emphasis with zero debt on Anti-Drone systems for armed forces