Kamdhenu Limited · NSE:KAMDHENU
Kamdhenu — Investor Presentation (November 2023)
25 slides from Kamdhenu's investor presentation, Nov 8, 2023
Slide 1: Exchange covering letter for Investor Presentation
KL/SEC/2023-24/61 Date: 8th November, 2023 To, To, The Manager- Listing The Manager- Listing National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Mumbai-400 051 Dalal Street, Mumbai- 400 001 NSE Symbol: KAMDHENU BSE Scrip
Slide 2: Kamdhenu Limited Investor Presentation November 2023
KAMDHENU LIMITED INVESTOR PRESENTATION NOVEMBER 2023 1
Slide 3: Safe Harbor
SAFE HARBOR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Kamdhenu Limi ted (the “Company”), have been prepared solely fo r information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities
Slide 4: We are India's largest branded TMT bar player
WE ARE INDIA’s LARGEST BRANDED TMT BAR PLAYER Brand Turnover of Rs. 21,000 crores +; CAGR Growth of 18% over the last decade Key BRANDS over 80+ Franchise Units to manufacture the years KAMDHENU is Largest TMT Steel Rebars, Structural Steel selling brand in India, in the Products & Colour Coated Pro
Slide 5: Our Journey
OUR JOURNEY 2022-2023 2019-2020 2018 2016-2017 2011-2015 2006-2010 2001-2005 1994-2000 2021 – Filed Sch eme of 2019 - Own 2018 – Arran gemen t with NCLT, Man u factu rin g E xp an sion of Ch an d igarh Ben ch 2016- Name E xp an sion Ch an ged from marketin g n etwork 2022 – Approved Scheme of 2013-
Slide 6: Strong product portfolio for all user segments
STRONG PRODUCT PORTFOLIO FOR ALL USER SEGMENTS Kamdhenu Structural Kamdhenu – Nxt TMT Steel Next Generation Interlock Steel and has got the angular Produced under franchisee agreement multitude of double rib design having obtained all the rights to special contours such as angles, channels, beams, m
Slide 7: Pan-India decentralized manufacturing & marketing network
PAN-INDIA DECENTRALIZED MANUFACTURING & MARKETING NETWORK 80+ 8,500+ 250+ Franchisees Dealers Distributors Decentralized Outsourced Manufacturing Model 1 Communication 2 Low Minimums Working with a local manufacturer Even the smaller quantity of the orders makes the communication process easy. are d
Slide 8: Sustainable growth through brand creation
SUSTAINABLE GROWTH THROUGH BRAND CREATION Kamdhenu Brand Sales Turnover Volumes Sold EBITDA (In Rs. Crs) (In Lakh MT Tonnes) (In Rs. Crs) +32% +12% +21% +11% +10% +21% 21,197 30.9 60.0 53.4 54.6 24.9 25.5 16,072 23.5 23.9^ 45.1 46.4# 12,027 12,031 17.6 36.3 10,851* 8,072 FY18 FY19 FY20 FY21 FY22 FY2
Slide 9: Asset light business model
ASSET LIGHT BUSINESS MODEL… Kamdhenu Limited In n ovator – We d o Research an d introduce new products based on Hierarchy of Marketing Network Cu stomer Req u iremen t in th e Market Every franchisee is allowed to sell its product in a particular region which is its designated geographical area. Fra
Slide 10: Creating long term sustainability
… CREATING LONG TERM SUSTAINABILITY Benefits to Kamdhenu Win–Win for Franchises E xpe rtis e & Qualit y Re ady C e ntrali ze d Enhanced E xpe rie nce As s urance Marke tplace Public i ty Easy revenue and availability of Provide As s u r a n c e o f Ready Platform As s i s t a n c e t o increase in S
Slide 11: Structural steel - fastest growing segment
STRUCTURAL STEEL - FASTEST GROWING SEGMENT Kamdhenu Limited manufactures Structural Steel under franchisee arrangement Description Special Contours End-user Industries Advantages • High Strength and High • One such product which • Production of a multitude • Industrial structures, Ductility continue
Slide 12: Steel business - result highlights Q2 & H1 FY24
STEEL BUSINESS - RESULT HIGHLIGHTS – Q2 & H1 FY24 Revenues from Operations EBITDA PAT Rs. 185.0 Crores Rs. 13.3 Crores Rs. 10.2 Crores Q2 FY24 -3% YoY +9% YoY +24% YoY Revenues from Operations EBITDA PAT Rs. 393.6 Crores Rs. 29.0 Crores Rs. 22.2 Crores H1 FY24 +3% YoY +5% YoY +22% YoY 11
Slide 13: Core steel TMT business
CORE STEEL TMT BUSINESS Revenue Break Up Return On Equity* RoCE* Debt* Q2 FY24 H1 FY24 Revenue from Own Facility 24.05% 32.2% NIL Rs. 155.4 Crores Rs. 331.6 Crores -0.3% +8% Royalty Income through Franchisee Sales Lower Working Increased Focus on Own Rs. 29.6 Crores Rs. 61.5 Crores Manufacturing & F
Slide 14: Strong growth outlook in steel business
STRONG GROWTH OUTLOOK IN STEEL BUSINESS Increased Capacity TMT Increase in Brand Revenue (Rs. Crs) Increase in Royalty Income (Rs. Crs) 50 Lakh Metric Tonne Rs.25,000 crs Rs.140 crs by FY24 by FY24 by FY24 25,000 140 50 38 38 16,072 16,072 140 92 11 3,759 8 1,808 16 8 2007 2012 2022 2024E 2007 2012
Slide 15: Huge capacities at zero capex
HUGE CAPACITIES AT ZERO CAPEX Production Capacity Regional Split Company Owned - Manufacturing, R&D and T&D of Franchisees 19% Steel Division at Bhiwadi, Rajasthan Steel Rebars 31% Installed Production Capac ity 120, 000 MT per annum 52.5 L 40 Lacs Capacities (MT) (Realigned to support the future in
Slide 16: Funds to be raised to the tune of ~Rs. 70 crs.
FUNDS TO BE RAISED TO THE TUNE OF ~RS. 70 CRS. • Shareholders of the Company in their Extraordinary general meeting held on 9 th December 2022, has considered and approved to create, Objectives offer, issue and allot Convertible Warrants on preferential basis, in one or more tranches, up to maximum
Slide 17: Awards & acknowledgements
AWARDS & ACKNOWLEDGEMENTS We truly believe that Customer delight and satisfaction are the true award we vouch for and our efforts to meet the customers ’ expectation have brought many accolades to us World's Greatest Asia's Most Indian Power World's Greatest Icon of Trust – The URS – Asia One Brands
Slide 18: Brand promotions
BRAND PROMOTIONS Print Media Promotional Materials Digital Campaign National Newspaper ▪ Distribution of catalogues ▪ Brochures ▪ Visiting cards ▪ Shop branding ▪ Sample board, pen, pad, mason kit having branding of Kamdhenu products. Regional Newspaper ▪ Social media campaigns to educate consumers
Slide 19: Brand promotions
BRAND PROMOTIONS Brand Educational Outdoor Campaigns Activities Television Campaign ▪ Dealers & Distributor Meets ▪ Customer Meets ▪ Seminars, conferences ▪ Workshops ▪ International Trips Strong presence on various ▪ Motivational Sessions national and regional TV Channels such as Aajtak, Zee News,
Slide 20: Participation of noted celebrities
PARTICIPATION OF NOTED CELEBRITIES Brand Promotions, Event Participation Have Helped Strengthen Dealer Connect & Expand Visibility Preity G Zinta Emraan Hashmi Madhuri Dixit Rajkumar Rao Tapsee Pannu Jacqueline Fernandez Kangana Ranaut Malaika Arora Sonam Kapoor Dia Mirza Sonu Nigam Rakul Preet Kari
Slide 21: Experienced board of directors
EXPERIENCED BOARD OF DIRECTORS Mr. Satish Kumar Agarwal Mr. Sunil Kumar Agarwal Mr. Sachin Agarwal Mr. Saurabh Agarwal Chairman & Non-Executive Whole Time Director Whole Time Director Managing Director Director Mr. Ramesh Chand Surana Mr. Baldev Raj Sachdeva Mr. Madhusudan Agrawal Mrs. Pravin Tripat
Slide 22: Profit and loss statement
PROFIT AND LOSS STATEMENT Particulars (Rs. In Crs.) Q2 FY24 Q2 FY23 Y-o-Y H1 FY24 H1 FY23 Y-o-Y Revenue from Operations 185.0 191.3 -3% 393.6 382.5 3% Cost of Materials Consumed 137.9 137.6 295.0 268.0 Purchases of stock-in-trade 0.0 9.4 0.5 20.7 Changes in Inventories -1.2 1.0 -2.1 3.2 Total Raw Ma
Slide 23: Balance sheet
BALANCE SHEET Particulars (Rs. In Crs) Sep-23 Mar-23 Particulars (Rs. In Crs) Sep-23 Mar-23 Equity Non Current assets Equity Share Capital 26.9 26.9 Property, Plant and Equipments 45.5 44.8 Other Equity 158.1 139.7 Right of Use Assets 2.1 2.4 Total Equity 185.0 166.7 Investment in Subsidiary 0.0 0.0
Slide 24: Cashflow statement
CASHFLOW STATEMENT Cash Flow Statement (Rs. Crore) Sept-23 Sept-22 Net Profit Before Tax 29.7 24.4 Adjustments for: Non - Cash Items / Other Investment or Financial Items 1.3 4.5 Operating profit before working capital changes 31.0 28.9 Changes in working capital 18.9 9.2 Cash generated from Operati
Slide 25: Thank you
THANK YOU For further Information, please contact : CIN: L27101HR1994PLC092205 CIN: U74140MH2010PTC204285 Mr. Harish Kumar Agarwal Mr. Deven Dhruva / Ms. Hinal Kothari Group CFO, CRO & Head-Legal +91 98333 73300 / +91 98333 73300 hkagarwal@kamdhenulimited.com deven.dhruva@sgapl.net / hinal.kothari@s