Pennar Industries Limited · NSE:PENIND
Pennar Industries — Q1 FY2018 Earnings Presentation
27 slides from Pennar Industries's earnings presentation, 2017
Slide 1: Pennar Industries Limited Investor Presentation Q1FY18
Pennar Industries Limited Investor Presentation Q1FY18 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: Q1FY18 Snapshot
Q1FY18 Snapshot
Slide 4: Financial Performance – Q1FY18
Financial Performance – Q1FY18 In Rs crs Gross Revenues Gross Revenues 321 460 338 233 Consolidated Performance Standalone Performance Q1FY17 Q1FY18 Q1FY17 Q1FY18 Net Revenue & EBITDA % Net Revenue & EBITDA % 430 300 309 10.8% 213 9.0% 12.4% 8.8% Q1FY17 Q1FY18 Q1FY17 Q1FY18 4
Slide 5: Segment Performance – Q1FY18
Segment Performance – Q1FY18 Systems & Projects Tubes 140.4 54.9 Net Revenues (Rs crs) & EBITDA Margin % 14.2% 39.8 11.7% 68.0 8.3% 8.4% Q1FY17 Q1FY18 Q1FY17 Q1FY18 Industrial Components Steel Products 81.9 79.7 17.2 14.6 15.7% 4.5% 4.0% 15.2% Q1FY17 Q1FY18 Q1FY17 Q1FY18 5
Slide 6: Evolving Business Mix (1/2)
Evolving Business Mix (1/2) As of 30th June, 2017 Scrap ICD 3% 6% Steel Products Steel Products 27% Tubes 18% Systems and Projects Tubes ICD Scrap Systems and Projects 47% As a Percentage of Standalone Revenues for Q1FY18 6
Slide 7: Evolving Business Mix (2/2)
Evolving Business Mix (2/2) * Tubes (18%) * Steel Products (27%) Automobile CDW Tubes General Engg. 12% 6% 5% ERW Buildings 4% Tubes 13% Auto 2% Infrastructure Profile 2% Others 2% * Systems and Projects (47%) Railways 14% Solar 33% * As a Percentage of Standalone Revenues for Q1FY18 7
Slide 8: Segment Highlights
Segment Highlights
Slide 9: Segment-wise Business Review; Outlook – Systems and Projects Railways
Segment-wise Business Review; Outlook Q1FY18 Systems segment Sales 27 Customers and Projects grew 106% YoY - Railways Business Highlights • Orders worth 67 Cr. received from ICF for various Coach Applications. Major Customers: Integral Coach Factory, Chennai; Modern Coach Factory, Raebareli; Texmaco
Slide 10: Segment-wise Business Review; Outlook – Solar
Segment-wise Business Review; Outlook Systems and 15 1 New customer Projects - Customers added in Q1 Solar Solar • Received orders from Belectric – KA & TS projects, Sterling & Wilson, L&T, Sri Chakra Cement. • Major customers include Sterling & Wilson, L&T, Mahindra Susten, Nuevosol, Sterling & Wil
Slide 11: Segment-wise Business Review; Outlook – Tubes
Segment-wise Business Review; Outlook 255+ INR 54.9 Customers crores sales, (Domestic & with 37.7% Tubes Exports) YoY growth Business Highlights • Major customers: VECV, Mahindra, Gabriel, Yamaha, Bridgestone, Endurance, Royal Enfield, Magna closures, Bajaj, Hyundai, TVS, Thermax, Reiter, LMW, Isgec
Slide 12: Segment-wise Business Review; Outlook – Industrial Components
Segment-wise Business Review; Outlook INR 17.2 17.6% YoY Industrial crores growth Q1FY18 Sales components Business Highlights • Strong market demand seen in White goods segment. • Strong recovery in two wheeler segment post demonetization effect. Outlook • Growth trends likely to continue to Q2 also
Slide 13: Segment-wise Business Review; Outlook – Steel Products
Segment-wise Business Review; Outlook Customers Steel INR 79.7 CRSS: 100 crores Products – CRFS: 75 Q1FY18 Sales Steel CRFS Orders • Order in ESP from Hamon, Valmet among others. • Order in Buildings from Elecon, L&T power, Megha Engineering. • Repeat Orders from regular schedules of Auto & ESP for
Slide 14: Subsidiary Highlights
Subsidiary Highlights
Slide 15: Group Subsidiaries
Group Subsidiaries Pennar Industries Limited Market Cap as of 30th June 2017 – INR 629 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 Renewables So
Slide 16: Subsidiary Highlights; Outlook – Pennar Enviro
Subsidiary Highlights; Outlook 7 New Pennar Customers Enviro New Orders: Chemicals: Parry Sugar Refinery India Pvt Ltd, Hatsun Agro Products Ltd, Huntsman International (India) Pvt. Ltd, Megha Engineering & Infrastructure Ltd, MRF Ltd. Projects: Ambience, Doosan. New Customers: Chemicals - Megha Eng
Slide 17: Subsidiary Highlights, Outlook – Pennar PEBS
Subsidiary Highlights, Outlook Rs 380 Q1FY18 Gross crores Revenue of Rs PEBS current order 138 crores Pennar book New Orders: JSW Cement - Factory building in Karnataka, Welspun India - Factory building in Gujarat, KIA Motors - Automotive plant at Hindupur, CFCL - Factory building in Maharashtra, Ik
Slide 18: The Pennar Group
The Pennar Group
Slide 19: 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 20: 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 20
Slide 21: Distributed Manufacturing
Distributed Manufacturing Patancheru Press Components, Profiles, ESP / Building Products, Sheet Piles / Solar, Railway Components, CRSS, Fabrication Sadasivpet High precision CNC machines, Roll formers Isnapur CRSS, ERW / CDW Tubes, Profiles, Solar Baroda Velchal Sadasivpet Strip Galvanizing, Hot Di
Slide 22: Projects
Projects
Slide 23: Projects – Pennar Enviro
Projects – Pennar Enviro JBF Petrochemicals BHEL Wanakbhori AGI Glaspac ONGC 23
Slide 24: Projects – PEBS
Projects – PEBS Mylan Labs, Indore Kongavi ETNA, Hyderabad Amazon, Hyderabad HIL, Odisha Toyo Engineering Indus 24
Slide 25: Management Team
Management Team
Slide 26: 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 27: 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