Lloyds Engineering Works Ltd · NSE:LLOYDSENGG
Lloyds Engineering Works — Q3 FY23 Earnings Presentation
30 slides from Lloyds Engineering Works's earnings presentation, February 2023
Slide 1: Lloyds Steels Industries Ltd (LSIL) Investor Presentation
Lloyds Steels Industries Ltd (LSIL) Investor Presentation February 2023
Slide 2: Disclaimer
Disclaimer The information contained herein has been prepared by Lloyds steels Industries Ltd.(LSIL”) relying on information obtained from sources believed to be reliable but LSIL does not guarantee the accuracy or completeness of such information. Except for statements of historical facts, the info
Slide 3: Contents
Contents . About Us Business Overview Investment Thesis Financials & Shareholding Quarterly Results
Slide 4: About Us
About Us te
Slide 5: About Us: Providing Innovated Industrial Solutions Since 1974
About Us Providing an Innovated Industrial Solutions A Product Engineering Solutions company We have developed a host of capabilities to deliver Lloyds Steels Industries ltd started its operations in superior and customised solutions to our client 1974 and is a complete Process plant equipment provi
Slide 6: Sector Variegation - Catering to diversified sectors
Sector Variegation- Catering to diversified sectors Partnering to bridge the gap in the nation’s infrastructure needs with our sustainable & efficient business model Hydrocarbon Steel Marine Ports, Jetties& Nuclear Power /Navy Refineries Fabrication of Lloydsteels is Manufacturing Design, Manufactur
Slide 7: Business Overview
Business Overview
Slide 8: Strengths – Unified and Client Centric approach
Strengths – Unified and Client Centric approach Playing on Strengths to deliver robust output in the most efficient manner Enriched experienced has established Four Decades of Brand Equity in the Industry Experience Diversity in product offerings has Multi Product helped it to diversify among Underl
Slide 9: Strategic Plant Location
Strategic Plant Location All workshops being adjacent to each other brings in the logistic advantage The single location of the plant with all 5 workshops adjacent to each other helps in better absorption Shop A of Overhead costs Shop B A centralised Raw Material Murbad, Thane procurement system hel
Slide 10: Multi Product offerings – Product portfolio across Multiple Sectors
Multi Product offerings – Product portfolio across Multiple Sectors Order Book (Sector-Wise) Boilers / Hydrocarbons Ports, jetties/ As of 31st Dec 2022 Power/ / Dryers/ Steel Plant marine/ Chemicals Refineries Equipment's Defence MARINE/PORT DEFENCE 2% 2% HYDRO CARBON 17% Civil 23% POWER 13% STEEL 4
Slide 11: Broad-Based Clientele
Broad-Based Clientele YN on @ Torar \ 4 qe a. @ & AM/NS INDIA SMS © group Se (Z) IndianOil HMEL “A Punj Lloyd 2 BNBECG ra —_ a thyssenkrupp ta a & Re BIRLA GROUP PDIL. SS Rashtriya Chemicals and Fertilizers Limited oe WELSPUN
Slide 12: Technological Bandwidth – Captive R&D and Strategic Tie Ups
Technological Bandwidth – Captive R&D and Strategic Tie Ups Technology Partners Sector / Industry LSIL has an in-house designing team which has successfully executed numerous projects, Marine / Ports / Defence However, some projects require more specific technological know-how, and LSIL has technolo
Slide 13: Certifications & Approvals
Certifications & Approvals 13
Slide 14: More than Four Decades of Experience
More than Four Decades of Experience Mr Shree Krishna Gupta Shri. Mukesh R. Gupta Executive Vice President Chairman & Whole Time Director Krishna has great experience as an entrepreneur and A Commerce Graduate and successful Industrialist has successfully started and created two brands in very havin
Slide 15: Investing in Lloyd Steels
Investing in Lloyd Steels
Slide 16: Order book Capacity
Investing in Lloyds Steels: Sustainability, Profitability and Quality of Growth • Increasing • 8x of FY22 capacities to Sales execute order book Order Capacity Moving towards book sustainable, Profitable and Equitable growth Industry Debt : among all the stakeholders Tailwinds Equity • Increasing •
Slide 17: Robust Order Book – A growth Driver
Robust Order Book – A growth Driver Order Book Movement (₹ Crores) Order book as on December DEFENCE ,8 2022 is 8x of FY22 Sales. MARINE/PO LSIL started FY22 with a strong RT, 9 order book, which offers Civil, strong revenue visibility for 109 the company as the typical delivery schedule is 10-1
Slide 18: New Manufacturing Capacities – To support increasing order book
New Manufacturing Capacities – To support increasing order book With a promising industry outlook, LSIL has already begun by enhancing its capacities. LSIL is planning to spend ₹50 crores during FY23/FY24. Such CAPEX is after several years. The company has been delivering revenue on the typically
Slide 19: Industry Tailwinds – Long term Play on Structural growth story
Industry Tailwinds – Long term Play on Structural growth story National Infrastructure Pipeline to unleash mega Capex : On a structural upswing (₹ trn) opportunities (Fy20-25) 21 23 ₹ 36.66 trn Ports, Roads, railways 18.9 sector 14.6 16 12.7 14.5 ₹ 26.90 trn Energy & Power sector Industrial & Other
Slide 20: Strategy over the next 5-7 years
Aiming towards higher returns… Strategy over the next 5-7 years Vision Execution Profitability Order Book The company is As the offerings are 2025 Company aims to grow well-calibrated to customised according the order book at a execute orders to clientele needs, Revenue ₹450-500 cr much faster pace
Slide 21: Financials
Financials
Slide 22: Financials At a Glance
Financials At a Glance ₹ Crores Annual Revenue EBITDA* PAT 14.5 6.0 122.0 114.5 97.7 70.1 2.9 50.1 5.4 2.5 4.3 4.5 2.1 3.1 0.5 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Quarterly 138.8 43.9 30.4 8.4 19.3 18.3 3.8 4.3 2 1.3 5.2 7.4 2.4 Q1FY22 Q2FY22 Q3FY22 Q4FY22 9MFY
Slide 23: Shareholding Structure
Shareholding Structure Price Movement (₹) Shareholding as of 31st Dec 2022 (%) 30 25 20 15 Public, 42.35 10 Promoter, 5 57.65 0 Oct-21 Oct-22 Dec-21 Dec-22 Jul-21 May-21 Jun-21 Aug-21 Sep-21 Mar-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Jan-22 Jan-23 Apr-21 Feb-22 Apr-22 Nov-21 Nov-22 Particulars Number
Slide 24: Q3 & 9MFY23
(im : Q3 & IMFY23
Slide 25: Q3 & 9MFY23 – Result Analysis
Q3 & 9MFY23 – Result Analysis PAT ₹ Crores Revenue EBITDA & EBITDA Margin (%) 12.8 58.4 35.24% 203% 394% 241% YoY YoY YoY 20.42% 21.0 19.3 3.8 4.2 Q3FY22 Q3FY23 Q3FY22 Q3FY23 Q3FY22 Q3FY23 138.80 43.90 30.40 31% 16% 31.80 6.10 4.70 9MFY22 9MFY23 9MFY22 9MFY23 9MFY22 9MFY23 25
Slide 26: Key Highlights - 9MFY23 Revenue grew 3.4x YoY
Key Highlights- “9MFY23 Revenue grew 3.4x YoY” Revenue for Q3FY23 exhibited a growth of 203% YoY backed by solid execution of orders.9MFY23 Revenue too grew by 3.4x YoY. Strong order inflows coupled with swift execution helped the company to report such robust growth. EBITDA for Q3FY23 grew to ₹20.9
Slide 27: Management Commentary
Management Commentary Commenting on 9MFY23 results Mr Mukesh Gupta, Chairman said: “Our 9MFY23 results are very encouraging on all fronts. Our Revenue & Profitability both witnessed good traction and continued their solid run. Our 9MFY23 performance highlights our strength in execution amongst vario
Slide 28: Q3 & 9MFY23 – Profit & Loss
Q3 & 9MFY23 – Profit & Loss Particulars (₹ crores) Q3FY23 Q3FY22 YoY 9MFY23 9MFY22 YoY Revenue 58.41 19.29 202.80% 138.76 31.85 335.67% Other Income 1.09 1.51 -27.81% 4.55 5.63 -19.18% RM consumed 15.27 7.40 106.35% 45.00 7.56 495.24% Employee 5.42 3.88 39.69% 13.25 10.63 24.65% Other expenses 17.84
Slide 29: H1FY23 – Balance Sheet
H1FY23 – Balance Sheet Particulars (₹ Crores) 30th Sept 2022 31st March 2022 Fixed Assets 21.2 9.2 Capital Work In Progress 16.3 3.7 Goodwill 1.0 1.0 Right To Use 4.9 3.8 Other Assets 7.9 11.7 Sub-Total Non Current Assets 51.3 29.4 Inventories 89.7 48.9 Trade Receivables 12.5 9.8 Cash & Cash Equival
Slide 30: Thank You
Thank You lloyds_ir@lloyds.in www.lloydsengg.in
Lloyds Engineering Works — Q3 FY23 Earnings Presentation on 6ix