Gmm Pfaudler Limited · NSE:GMMPFAUDLR
Gmm Pfaudler — Q2 FY25 Earnings Presentation
29 slides from Gmm Pfaudler's earnings presentation, Nov 7, 2024
Slide 1: Exchange cover letter for investor presentation
GMM/SEC/2024-25/57 November 7, 2024 To, BSE Limited National Stock Exchange of India Limited Scrip Code: 505255 Symbol: GMMPFAUDLR Sub.: Investor Presentation on the Unaudited Standalone and Consolidated Financial Statements of GMM Pfaudler Limited (“the Company”) for the quarter and half year ended
Slide 2: Transforming Through Action – Earnings Presentation Q2 FY25
Transforming Through Action Earnings Presentation Q2 FY25 November 2024 Linkedin logo vector, Linkedin symbol, Linkedin icon free vector 18910721 Vector Art at Vecteezy X Logo Replaces Twitter's Famous Bird: Everything You Need to Know About X's Rebranding www.gmmpfaudler.com
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by GMM Pfaudler Limited (the “Company”) and forms a part of its intellectual property which is solely for the purposes of your general information and shall not be taken away, distributed, reproduced, or redistributed or passed on, directly or indirectl
Slide 4: Snapshot – Q2 FY25
Snapshot – Q2 FY25 ₹ 805 crores ₹ 93 crores 11.6% Revenue EBITDA EBITDA Margin ₹ 17 crores 2.1% ₹ 3.84 PAT PAT Margin EPS ₹ 762 crores ₹ 1,773 crores Order Intake Order Backlog 3
Slide 5: Q2 FY25 Highlights
Q2 FY25 Highlights Business ▪ Revenue and EBITDA up 3% and 6% respectively compared to Q1 FY25. ▪ EBITDA margin stable at 11.6%. ▪ Q2 FY25 Order Intake steady at ₹ 762 crores, H1 FY25 Order Intake at ₹ 1,644 crores up 18% compared to H1 FY24. ▪ Order Backlog stands at ₹ 1,773 crores, up 4% compared
Slide 6: Consolidated Results – Q2 FY25
Consolidated Results – Q2 FY25 Figures in ₹ crores REVENUE EBITDA 3% -14% 6% -34% 805 937 142 785 93 89 11.6% 11.3% 15.1% Q2 FY25 Q1 FY25 Q2 FY24 Q2 FY25 Q1 FY25 Q2 FY24* PROFIT AFTER TAX ORDER BACKLOG -28% -74% -0.2% 4% 1,773 1,777 1,705 67 17 24 7.2% 2.1% 3.0% 3.0% 7.2% Q2 FY25 Q1 FY25 Q2 FY24* Q2
Slide 7: Consolidated Balance Sheet
Consolidated Balance Sheet Figures in ₹ crores Particulars 30.09.24 31.03.24 Particulars 30.09.24 31.03.24 Shareholder's equity 1,031 968 Fixed Assets 652 658 Non-controlling interest 5 6 Goodwill & Intangibles 598 602 Receivables 412 433 Borrowings 747 712 Unfunded pension liabilities 310 297 Inven
Slide 8: Consolidated Working Capital Summary
Consolidated Working Capital Summary Figures in ₹ crores Inventory Summary 30.09.24 31.03.24 Receivables Summary 30.09.24 31.03.24 Inventory 657 625 Trade Receivables 412 433 Receivable days 47 46 Customer advances 281 250 Net funding for inventory 376 375 Payables Summary 30.09.24 31.03.24 Backlog
Slide 9: Consolidated Cash Flow Statement – H1 FY25
Consolidated Cash Flow Statement – H1 FY25 Figures in ₹ crores BUSINESS CASH APPLICATION FINANCING GENERATION OF CASH ₹ 184 crores (₹ 92 crores) (₹ 42 crores) Profit Interest Dividends Net Short-Term Long Term Closing Opening Non-cash/ Working Net Capex before tax Borrowings & Borrowings Cash Cash O
Slide 10: Order Intake and Backlog Trend
Order Intake and Backlog Trend Figures in ₹ crores Intake Backlog 2,247 861 882 2,162 2,013 773 792 770 762 756 1,777 1,773 1,705 1,689 1,625 626 9
Slide 11: Shareholder Summary
Shareholder Summary Figures in % terms Institutional Holdings Sept 30, March 31, Investor Category 2024 2024 40% 35% Foreign Portfolio Investors & 30% 23.79 22.15 Foreign Companies Mutual Funds 12.18 9.15 18% Alternate Investments Funds 2.30 2.55 Insurance Companies/ Banks/ FIs 1.58 1.37 IEPF 0.40 0
Slide 12: Annexures
Annexures 11 GMM Pfaudler
Slide 13: Consolidated Results
Consolidated Results 12 GMM Pfaudler
Slide 14: Consolidated Results – H1 FY25
Consolidated Results – H1 FY25 Figures in ₹ crores REVENUE EBITDA -14% -33% 1,850 272 1,591 182 11.4% 14.7% H1 FY25 H1 FY24 H1 FY25 H1 FY24# PROFIT AFTER TAX ORDER INTAKE -65% 18% 1,644 117 1,396 41 2.6% 6.3% H1 FY25 H1 FY24# H1 FY25 H1 FY24 13 # Restated for final fair values of Purchase Price Allo
Slide 15: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Figures in ₹ crores Particulars Q2 FY25 Q1 FY25 Q-O-Q Q2 FY24* Y-O-Y Operational Income 805 785 3% 937 -14% Material Cost 325 306 6% 402 -19% Other Costs 387 391 -1% 393 -2% Total Operating Expenses 712 697 2% 795 -10% EBITDA 93 89 4% 142 -35% EBITDA Marg
Slide 16: Standalone Results
Standalone Results 15 GMM Pfaudler
Slide 17: Standalone – Q2 FY25
Standalone – Q2 FY25 Figures in ₹ crores REVENUE EBITDA -7% -22% -11% -42% 266 39 208 223 22 25 10.8% 11.2% 14.5% Q2 FY25 Q1 FY25 Q2 FY24 Q2 FY25 Q1 FY25 Q2 FY24 PROFIT AFTER TAX ORDER BACKLOG 4% -50% 9% 23% 16 536 493 435 8 8 3.8% 3.4% 5.9% Q2 FY25 Q1 FY25 Q2 FY24 Q2 FY25 Q1 FY25 Q2 FY24 Margin and
Slide 18: Standalone – H1 FY25
Standalone – H1 FY25 Figures in ₹ crores REVENUE EBITDA -21% -40% 546 431 79 48 11.0% 14.4% H1 FY25 H1 FY24 H1 FY25 H1 FY24 PROFIT AFTER TAX ORDER INTAKE -53% 16% 33 508 436 15 3.6% 6.0% H1 FY25 H1 FY24 H1 FY25 H1 FY24 17 Margin and growth percentages are calculated on absolute figures.
Slide 19: Quarterly Standalone Financial Performance
Quarterly Standalone Financial Performance Figures in ₹ crores Particulars Q2 FY25 Q1 FY25 Q-O-Q Q2 FY24 Y-O-Y Operational Income 208 223 -7% 266 -22% Material Cost 110 119 -8% 135 -19% Other Costs 76 79 -4% 93 -18% Total Operating Expenses 186 198 -6% 228 -18% EBITDA 22 25 -12% 39 -44% EBITDA Margi
Slide 20: Standalone Balance Sheet
Standalone Balance Sheet Figures in ₹ crores Particulars 30.09.24 31.03.24 Particulars 30.09.24 31.03.24 Fixed Assets 216 227 Shareholder's equity 763 751 Goodwill & Intangibles 12 13 Borrowings 288 265 Investments 519 519 Receivables 107 172 Trade payables 91 119 Inventory 117 134 Cash and cash equ
Slide 21: Standalone Working Capital Summary
Standalone Working Capital Summary Figures in ₹ crores Inventory Summary 30.09.24 31.03.24 Receivables Summary 30.09.24 31.03.24 Inventory 117 134 Trade Receivables 107 172 Receivable days 43 61 Customer advances 38 30 Net funding for inventory 79 104 Payables Summary 30.09.24 31.03.24 Backlog 536 4
Slide 22: Standalone Cash Flow Statement – H1 FY25
Standalone Cash Flow Statement – H1 FY25 Figures in ₹ crores BUSINESS CASH APPLICATION FINANCING GENERATION OF CASH ₹ 44 crores (₹ 15 crores) ₹ 1 crore Opening Closing Cash Profit Non-cash/ Working Net Capex Interest Dividends Net Short-Term Long Term Cash before tax Other capital Borrowings & Borro
Slide 23: International Results
International Results 22 GMM Pfaudler
Slide 24: International Results – Q2 FY25
International* Results – Q2 FY25 Figures in ₹ crores REVENUE EBITDA 6% -13% 23% -28% 613 581 708 101 72 59 11.8% 10.1% 14.3% Q2 FY25 Q1 FY25 Q2 FY24 Q2 FY25 Q1 FY25 Q2 FY24# PROFIT AFTER TAX ORDER BACKLOG -17% -79% -3% -5% 50 13 1,278 1,313 1,343 10 1.7% 2.2% 7.0% Q2 FY25 Q1 FY25 Q2 FY24# Q2 FY25 Q1
Slide 25: International Results – H1 FY25
International* Results – H1 FY25 Figures in ₹ crores REVENUE EBITDA -13% -29% 1,367 185 131 1,193 11.0% 13.6% H1 FY25 H1 FY24 H1 FY25 H1 FY24# PROFIT AFTER TAX ORDER INTAKE -71% 14% 78 1,178 1,033 23 1.9% 5.7% H1 FY25 H1 FY24# H1 FY25 H1 FY24 * Includes Mavag & PFI, gross of inter-company eliminatio
Slide 26: Segmental Results
Segmental Results 25 GMM Pfaudler
Slide 27: Segmental Overview – Q2 FY25
Segmental Overview – Q2 FY25 Consolidated Standalone International 8% 4% Technologies 29% Revenue 11% 37% Systems 88% 50% 60% 13% Services Consolidated Standalone International 7% Technologies 8% Order Intake 31% 52% 38% Systems 41% 17% 85% 21% Services Note: Standalone and International breakdowns
Slide 28: Segmental Overview – H1 FY25
Segmental Overview – H1 FY25 Consolidated Standalone International 7% 5% Technologies 28% Revenue 11% 35% 51% Systems 61% 88% 14% Services Consolidated Standalone International 7% Technologies 27% 11% Order Intake 53% 41% Systems 36% 20% 82% 23% Services Note: Standalone and International breakdown
Slide 29: Thank You
Thank You Investor Relations Contact Dhaval Rajput Anuj Sonpal GMM Pfaudler Limited Valorem Advisors T: +91 22 6650 3900 T: +91 22 4903 9500 E: investorrelations@gmmpfaudler.com E: gmmpfaudler@valoremadvisors.com White linkedin icon - Free white site logo icons