Isgec Heavy Engineering Ltd. · NSE:ISGEC
Isgec Heavy Engineering — Q4 FY2021 Earnings Presentation
35 slides from Isgec Heavy Engineering's earnings presentation, Jun 30, 2021
Slide 1: Stock exchange cover letter for investor presentation
Ho-425-S Dated: 30.06.2021 To, To, The BSE Ltd. The National Stock Exchange of India Limited Registered Office: Floor 25, Exchange Plaza, C-1, Block G, P J Towers, Dalal Street, Bandra Kurla Complex, Bandra (E) Mumbai 400 001 Mumbai – 400 051 Company Scrip Code: 533033 Company Scrip Code: ISGEC EQ D
Slide 2: Investor Presentation
Investor Presentation 30 th June 2021 03 Februar y 2020 1
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by ISGEC Heavy 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
Slide 4: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Business Highlights 7 Key Investment Highlights 03 Februar y 2020 3 Investor Presentation 3
Slide 5: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Business Highlights 7 Key Investment Highlights 03 Februar y 2020 4 Investor Presentation 4
Slide 6: ISGEC at a glance
ISGEC at a glance A Diversified Heavy Engineering Company engaged in Manufacturing and EPC Projects Business. Manufacturing of Presses, Process Plant Equipment, Liquified Gas Containers, Tubing & Piping, Iron & Steel Castings, and Industrial Machinery. Setting up of EPC Projects for Boilers, Air Pol
Slide 7: ISGEC at a glance
ISGEC at a glance Diversified Heavy Engineering Company Robust Balance Sheet Mix of Manufacturing and Project Businesses Net Worth of INR 20,993 Mn (31 March 2021) Mix of Domestic & Export Revenues Strong Credit Rating Wide Spectrum of User Industries Strong Human Capital 4,000+ Employees across loc
Slide 8: Our Journey
Our Journey What started off in 1933 as a Sugar Manufacturing Company has been transformed into a Diversified Heavy Engineering Company with 90% of our Consolidated Revenues coming from Engineering Products and Projects 1933-1990 1991-2010 2011-2015 2016-2021 1933 Company (erstwhile named as Saraswa
Slide 9: Global Footprint - Presence across 91 countries
Global Footprint - Presence across 91 countries Sales from outside India contributed ~18% of Total Revenue in FY21 India 69% 69% 75% 77% 77% 82% Global 31% 31% 25% 23% 23% 18% FY16 FY17 FY18 FY19 FY20 FY21 03 Februar y 2020 8 Investor Presentation 8
Slide 10: Shareholder Information
Shareholder Information Shareholding structure – 31st March 2021 Shareholder Information as on 28th June 2021 Promoter BSE Ticker 533033 NSE Symbol ISGEC 28.9% Mutual Funds Market Cap (INR Mn) 52,930 % Free- float 38% 1.9% Free Float Market Cap (INR Mn) 20,113 62.4% FIIs 6.8% Shares Outstanding (Mn)
Slide 11: Our Team
Our Team Board of Directors Management Team Mr. Ranjit Puri Chairman & Promoter Mr. S.K. Khorana Executive Director & Company Secretary Mr. Aditya Puri Managing Director & Promoter Power Plants, Material Handling, Factories Mr. PVN Sanjay Business Head & Civil Construction Division Mr. Sanjay Gulati
Slide 12: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Business Highlights 7 Key Investment Highlights 03 Februar y 2020 Investor11 Presentation 11
Slide 13: State-of-the-art Infra & Manufacturing Capabilities
State-of-the-art Infra & Manufacturing Capabilities EPC Offices Yamunanagar, Haryana • Noida, UP Pressure Vessels & Heat exchangers, Presses, Boilers, Containers, Castings, • Chennai, Tamil Nadu Sugar and other Industrial Machinery • Pune, Maharashtra Rattangarh, Haryana Boiler Components, Headers,
Slide 14: Building Strength with Acquisitions and JVs
Building Strength with Acquisitions and JVs Saraswati Sugar Mills Ltd. Eagle Press & Equipment Co. Ltd. With cane crushing capacity of ~ 10000 Press manufacturing company in TCD, having highest sugar recovery in 100% Windsor (Ontario) Canada Punjab and Haryana for the past 10 years Cavite Biofuel Pr
Slide 15: Building Strength with Technology Partnerships
Building Strength with Technology Partnerships Amec Foster Wheeler, USA Fuel Tech Inc., USA - for Feedwater Heaters and Surface Condensers - for reduction of Particulate Matter emissions by use of (now with Wood Group, UK) Electrostatic Precipitators performance improvement technologies (especially
Slide 16: Engineering for Excellence - Our Business Segments
Engineering for Excellence - Our Business Segments Isgec is a significant global player across business areas in Manufacturing and EPC Manufacturing Engineering & Projects Process Equipment Sugar Plants & Distilleries Air Pollution Control Equipment Iron & Steel Castings Industrial Boilers Boiler Tu
Slide 17: Catering to Wide Spectrum of Industries
Catering to Wide Spectrum of Industries Railways Power Fertilizer Cement Mines Ports Oil & Gas Steel Chemical Space Automobiles Defence Sugar Distillery Paper Water Treatment 03 Februar y 2020 Investor16 Presentation 16
Slide 18: Serving Global and Domestic Clients
Serving Global and Domestic Clients 03 Februar y 2020 Investor17 Presentation 17
Slide 19: Technology Infusion across the Years
Technology Infusion across the Years 1964 1985 1998 2006 2009 2010 2012 2016 2017 2020 2021 Babcock John Thompson, UK Power USA Boilers Wet FGDs Envirotherm, Germany ESPs Riley Power HITZ USA Critical Process BHI FW Corporation USA, Process Rovetta Presse, Italy Equipment Combustion modification Fir
Slide 20: Standing Strong with Global Quality Benchmarks
Standing Strong with Global Quality Benchmarks Conformitè Europëenne Quality Management System–Approved by Lloyds Register of Quality Assurance Environment Management Occupational Health & Safety Management System-Approved by DNV GL System Business Assurance National Board, USA, 'R’ Symbol, 'S' 'U'
Slide 21: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Business Highlights 7 Key Investment Highlights 03 Februar y 2020 Investor20 Presentation 20
Slide 22: Positioned No.1 / No. 2 in most Business Lines
Positioned No.1 / No. 2 in most Business Lines Market Leadership Rankings Hydraulic & Mechanical Presses Process Equipment Sugar Plants Slop Fired Boilers ET 500 236 (2020) CFB Boilers Oil & Gas Boilers Fortune India 500 220 (2020) Traveling Grate Boilers Bubbling Bed Boilers Liquefiable Gas Contain
Slide 23: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Business Highlights 7 Key Investment Highlights 03 Februar y 2020 Investor22 Presentation 22
Slide 24: COVID-19 Update - Q1 FY 2022
COVID-19 Update - Q1 FY 2022 • Work in factories had got impacted in April 2021- mainly due to acute shortage of oxygen. The situation is improved now Business • Pace of work in project sites got adversely impacted due to huge migration of labour • The company faced delays in supplies of materials a
Slide 25: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Business Highlights 7 Key Investment Highlights 03 Februar y 2020 Investor24 Presentation 24
Slide 26: Performance Highlights
Performance Highlights Q4FY21 – Good Growth despite the challenging environment In INR Mn Total Revenue EBITDA PAT 1,316 1,314 649 685 16,275 15,602 14,234 707 YoY QoQ YoY 126 YoY QoQ 4% 14% 86% 447% 6% Q4FY20 Q3FY21 Q4FY21 Q4FY20 Q3FY21 Q4FY21 Q4FY20 Q3FY21 Q4FY21 FY21 - Strong Operating Performanc
Slide 27: Financial Performance Trend
Financial Performance Trend In INR Mn Revenue EBITDA PAT 59,142 54,773 5,069 2,483 2,531 4,853 50,507 4,130 1,905 46,296 1,684 40,559 38,259 3,540 3,350 3,567 1,440 1,491 FY16 FY17 FY18 FY19 FY20 FY21 FY16 FY17 FY18 FY19 FY20 FY21 FY16 FY17 FY18 FY19 FY20 FY21 Segment Revenue FY21 27% 60% 13% Improv
Slide 28: Key Ratios
Key Ratios Total Debt/Equity Interest Coverage Ratio Turnover Ratio 8.3 0.6 13.6 7.8 6.9 0.5 10.9 6.4 10.0 5.2 4.9 5.0 4.9 0.4 8.1 4.6 4.1 4.0 0.3 6.3 6.2 3.5 0.2 0.1 FY16 FY17 FY18 FY19 FY20 FY21 FY16 FY17 FY18 FY19 FY20 FY21 FY16 FY17 FY18 FY19 FY20 FY21 * Total Debt includes all interest bearing
Slide 29: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Business Highlights 7 Key Investment Highlights 03 Februar y 2020 Investor28 Presentation 28
Slide 30: Segment Wise Highlights
Segment Wise Highlights EPC Manufacturing Sugar 5.2% 4.7% 4.2% 9.7% 23.3% 5.6% 10,998 5,593 2,239 9,825 10,000 3,513 3,540 13.5% 1,678 6.5% 1,560 YoY QoQ YoY QoQ YoY QoQ 9% 2% 59% 58% 33% 44% -3.0% Q4FY20 Q3FY21 Q4FY21 Q4FY20 Q3FY21 Q4FY21 Q4FY20 Q3FY21 Q4FY21 5.0% 13.1% 3.9% 10.5% 8.3% 5.2% 39,290
Slide 31: Order Book Composition
Order Book Composition Others Private 12% 52% PSU and Government Sector wise Steel, Cement & 48% Aluminum Power 8% 38% Chemicals, Petrochemicals & Fertilizers Industry wise Export 7% composition 12% Refineries Geography 9% wise Domestic Railways 88% Sugar 13% 13% Order Book Rs. 67,650 mn 03 Februar
Slide 32: Highlights of new orders booked
Highlights of new orders booked • Major order for Piping Spools in hydrocarbon sector • Setting up of world’s largest cement Waste Heat Recovery Boilers • Cooling Stacks and Superheaters • Process Plant order on EPC basis for a 200 TPD Formaldehyde Plant • Order for a Raw Water Treatment project • W
Slide 33: Agenda
Agenda 1 Company Overview 2 Business Capabilities 3 Market Leadership 4 COVID 19 Impact 5 Financial Performance 6 Business Highlights 7 Key Investment Highlights 03 Februar y 2020 Investor32 Presentation 32
Slide 34: Key Investment Highlights
Key Investment Highlights Presence in Comfortably Leadership Continued focus Geographically Constant Multiple Core placed to position in on niche diversified Forays into Sectors- Survive Down most technologies portfolio Futuristic Spreading cycles businesses mitigating Business Lines Market Risk con
Slide 35: THANK YOU
THANK YOU ISGEC HEAVY ENGINEERING LIMITED, INDIA skkhorana@Isgec.com | www.isgec.com Registered Office Radaur Road, Yamunanagar - 135001, Haryana, India CIN No.: L23423HR1933PLC000097 03 Februar y 2020 34
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