Pritika Auto Industries Ltd · NSE:PRITIKAUTO
Pritika Auto Industries — Q3 FY2019 Earnings Presentation
35 slides from Pritika Auto Industries's earnings presentation, February 2019
Slide 1: Pritika Auto Industries Q3 & 9M FY19 Result Update Presentation
Pritika Auto Industries Limited Q3 & 9M FY19 Result Update Presentation February 2019
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Pritika Auto Industries Limited (the “Company”) solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection wi
Slide 3: Table of Contents
Table of Contents 01 Chairman’s Message 02 Consolidated Financial Highlights 03 Company Overview 04 Business Overview 05 Way Ahead 3
Slide 4: Chairman's Message
=e PRIT ms 1 Chairman’s Message
Slide 5: Chairman's Message – Q3 FY19
Chairman’s Message – Q3 FY19 “We are pleased to share our financial performance for the third quarter ended 31st December 2018 which has been in line with our targets. The sales volume for the quarter was at 8,150 tonnes, YoY growth of over 10%. This is reflective of our ability to not only be quali
Slide 6: Consolidated Financial Highlights
2 Consolidated Financial Highlights
Slide 7: Quarterly Financial Highlights – Q3 FY19 (YoY)
Quarterly Financial Highlights – Q3 FY19 (YoY) 19.3% 32.2% 143 bps Revenue EBTIDA EBITDA Margin Rs. 51.9 cr Rs. 7.6 cr 14.6% 32.0% 63 bps 10.3% PAT PAT Margin EPS Rs. 3.4 cr 6.5% Rs. 1.93 vs. Rs. 1.75 (Q3FY18) 7
Slide 8: Quarterly Financial Highlights – Q3 FY19
Quarterly Financial Highlights – Q3 FY19 Production Volume (TPA) Revenue (Rs. Cr) 9,647 8,195 8150 60.4 7,381 7,278 50.7 51.9 43.5 43.4 Q3 FY18 Q4 FY18 Q1 FY19 Q2 FY19 Q3 FY19 Q3 FY18 Q4 FY18 Q1 FY19 Q2 FY19 Q3 FY19 EBITDA (Rs. Cr) / Margin (%) PAT (Rs. Cr) / Margin (%) 12 18.8% 20% 8.8% 16.7% 15.0%
Slide 9: Quarterly Financial Highlights
Quarterly Financial Highlights Rs. Cr Q3 FY19 Q3 FY18 Y-o-Y Q2 FY19 Total Income from operations 51.9 43.5 60.4 Other Operating revenue 0.0 0.0 0.0 Net Revenue 51.9 43.5 19.3% 60.4 Raw Materials 29.1 26.5 35.6 Employee Cost 3.3 2.4 3.4 Other Cost 11.9 8.8 12.4 Total Expenditure 44.3 37.8 51.4 EBITDA
Slide 10: Nine Month Financial Highlights – 9M FY19 (YoY)
Nine Month Financial Highlights – 9M FY19 (YoY) 28.7% 51.1% 227 bps Revenue EBTIDA EBITDA Margin Rs. 163.0 cr Rs. 25.1 cr 15.4% 55.4% 118 bps 19.8% PAT PAT Margin EPS Rs. 11.3 cr 6.9% Rs. 6.4 vs. Rs. 5.3 (9M FY18) 10
Slide 11: Nine Month Financial Highlights
Nine Month Financial Highlights Rs. Cr 9M FY19 9M FY18 Y-o-Y Total Income from operations 163.0 126.6 Other Operating revenue 0.0 0.0 Net Revenue 163.0 126.6 28.7% Raw Materials 95.2 76.6 Employee Cost 9.2 6.9 Other Cost 33.5 26.5 Total Expenditure 138.0 110.1 EBITDA 25.1 16.6 51.1% EBIDTA margin (%
Slide 12: Cons. Balance Sheet as on 30th September
Cons. Balance Sheet as on 30th September Rs. Cr 30th Sept 18 31st Mar 18 Rs. Cr 30th Sept 18 31st Mar 18 Equity 89.1 81.6 Non-current Assets 79.1 55.3 Equity Share Capital 17.6 17.6 Tangible Assets 74.5 47.1 Other Equity 71.5 64.1 Intangible Assets 0.0 0.0 Capital work-in-progress 3.5 7.3 Non Curren
Slide 13: Annual Financial Highlights – FY18
Annual Financial Highlights – FY18 16.8% 39.5% 237 bps Revenue EBTIDA EBITDA Margin Rs. 170.0 cr Rs. 24.7 cr 14.6% 159.2% 358 bps 140.0% PAT PAT Margin EPS Rs. 11.1 cr 6.5% Rs. 7.56 vs. Rs. 3.15(FY17) 13
Slide 14: Annual Financial Highlights – FY18
Annual Financial Highlights – FY18 Production Volume (TPA) Revenue (Rs. Cr) 28,813 170.0 145.6 25,500 FY17 FY18 FY17 FY18 EBITDA (Rs. Cr) / Margin (%) PAT (Rs. Cr) / Margin (%) 40 20% 6.5% 15 7% 35 14.6% 16% 6% 30 12 12.2% 5% 25 12% 11.1 9 20 24.7 4% 2.9% 15 8% 3% 17.7 6 10 2% 4% 5 3 4.3 1% 0 0% 0 0
Slide 15: Cons. Annual Financial Highlights – FY18
Cons. Annual Financial Highlights – FY18 Rs. Cr FY18 FY17* YoY% Total Income from operations 170.0 145.6 Revenue registered YoY growth of Other Operating revenue 0.0 0.0 16.8% on account of addition and Net Revenue 170.0 145.6 16.8% better utilization of new capacities Raw Materials 102.2 88.8 E
Slide 16: Cons. Balance Sheet as on 31st March FY18
Cons. Balance Sheet as on 31st March FY18 Rs. Cr 31st Mar 18 31st Mar 17* Rs. Cr 31st Mar 18 31st Mar 17* Equity 81.6 40.8 Non-current Assets 55.3 36.8 Equity Share Capital 17.6 13.5 Tangible Assets 47.1 34.1 Other Equity 64.1 27.3 Intangible Assets 0.0 0.0 Capital work-in-progress 7.3 2.4 Non Curre
Slide 17: Key Ratios
Key Ratios RoE (%) RoA (%) 13.6% 6.2% 10.5% 3.3% FY17 FY18 FY17 FY18 RoCE (%) Net Debt/Equity (x) 0.93 16.1% 0.56 14.7% FY17 FY18 FY17 FY18 RoA = Net Profit/Total Assets \ D/E= Total Debt/Total Equity \ RoE = Net Profit/ Total Equity \ RoCE= EBIT/(Shareholders Fund+Total Debt-non-current investments
Slide 18: Company Overview
3 Company Overview
Slide 19: About Us
About Us Leading manufacturer of tractor components in India Incorporated in 1973 by Mr. R.S. Nibber Nearly 5 Decades of experience in Tractor/Auto Component manufacturing Modern Manufacturing Facilities Punjab and Himachal Pradesh Total installed machined capacity 50,000 tons pa One of bigg
Slide 20: Journey So Far…
Journey So Far… Started by Mr. R. S. Started First integrated Expansion of capacity 2012- Expansion of by 3,200 tons pa. Nibber in 1973 as Foundry & Machine Shop in small unit of Village Bathri (Himachal capacity by 4,800 tons pa Acquired foundry – Total 25,200 tons pa capacity of 12,000 f
Slide 21: Leadership Team to drive Growth...
Leadership Team to drive Growth... Chairman Raminder Singh Nibber Aged 75 years: Mechanical Engineer started career with Escorts Limited for 10 years Awarded “UDYOG PATRA” for Self Made Industrialists by Institute of Trade and Industrial Development in July 2003 Chairman of Confederation of In
Slide 22: ... Backed by Professional Management
... Backed by Professional Management Commerce graduate with more than 35 years of experience in finance and accounts functions Sri. Ramesh Chander Saini worked with various reputed public and private sector organizations like HMT, Punjab tractors, Chief Financial Officer Oswal, Atlas among othe
Slide 23: Business Overview
=e PRIT ms 4 Business Overview
Slide 24: Diverse Product Offerings
Diverse Product Offerings Rear Axle Housings 24
Slide 25: Diverse Product Offerings contd...
Diverse Product Offerings contd... Hydraulic Lift Covers/ Housing Differential Case Clutch & Fly Wheel Engine Covers Plate Diff. Carriers Bull Cages Housings 25
Slide 26: Diverse Product Offerings contd...
Diverse Product Offerings contd... Wheel Hubs Front Engine/Axle Support Crank Case, Cylinder Blocks & Cam Shafts Brake Housings, End Covers & Actuating Disc 26
Slide 27: Market Share – Major Products
Market Share – Major Products Axle Housings 28% Market share Differential Case 25% Market share Brake Housings 20% Market share Source : Company 27
Slide 28: Wide Application of Products
Wide Application of Products 28
Slide 29: Key Customers
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Slide 30: Key Strengths
Key Strengths Over 5 Decade old strong and established brand Reputed and established Management Leading manufacturer of tractor Dynamic Experience Leadership components in India Vast experience in Tractor and Auto Components - indicates strong ability to maintain business viability and steer b
Slide 31: Awards & Recognitions
Awards & Recognitions AWARDS YEAR ORGANIZATION Best Quality 2001 CII – SIDBI India Engineering Trade Fair Centre for International Trade & 2nd Best Display Award 2005 Industry at Made in Punjab Show Best Quality Performance 2010-11 Swaraj Ltd. Award For Casting Commodity 2012 Mahindra & Mahindra Bes
Slide 32: Way Ahead
5 Way Ahead
Slide 33: Vision and Mission of Company
Vision and Mission of Company Our Vision To be First choice among Original Equipment’s Manufactures for Machined Castings To be One of the Largest Producers of Machined Castings in India Our Mission Installed capacity of 1,00,000 of Machined Castings by Year 2023 33
Slide 34: Way Ahead....
Way Ahead.... Fully equipped manufacturing facilities with best standards – Export Opportunities to provide opportunity for exports to the global OEM’s Incremental Capex, partially, to be dedicated towards export market Continuous focus to keep adding new products in basket of New Product Deve
Slide 35: Thank You
Thank You PRITIKAUTO PAUTO IN PITI.BO For further information, please contact: Company : Investor Relations Advisors : Pritika Auto Industries Limited. Bridge Investor Relations Pvt. Ltd. Ms. Nisha Saini Mr. Amit Sharma EA to MD amit@bridge-ir.com nisha@pritikagroup.com Mr. Harshit Gandhi www.pritik
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