Kaynes Technology India Ltd. · NSE:KAYNES
Kaynes Technology India — Investor Presentation (December 2022)
33 slides from Kaynes Technology India's investor presentation, Dec 22, 2022
Slide 1: Exchange filing cover letter
December 22, 2022 The Secretary The Secretary BSE Ltd. National Stock Exchange of India Ltd. Corporate Relationship Dept., Exchange Plaza, Plot no. C/1, G Block, 14th floor, P. J. Tower, Bandra-Kurla Complex, Dalal Street, Fort Bandra (E), Mumbai - 400 001 Mumbai - 400 051 Stock Code 3 543664 Stock
Slide 2: Investor Presentation December 2022
Investor Presentation December 2022
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Kaynes Technology Limited (“Company") solely for information purposes without any regard to any specific objectives, financial situations or informational needs of any particular person. This presentation may not be copied, distributed or disseminate
Slide 4: Table of Contents
Table of Contents 04 Company Overview 08 Key Strengths 16 Financial Performance 19 Board of Directors & Leadership Team 21 Annexure 1 - Financials 27 Annexure 2 - Facilities 30 Annexure 3 – Shareholding Pattern 3
Slide 5: Company Overview
Company Overview 4
Slide 6: Company Overview (1/2)
Company Overview (1/2) Over 3 decades of 8 Advanced experience Caters to multiple manufacturing in providing industry verticals - facilities to conceptual design, automotive, undertake high mix process engineering, aerospace and and high value integrated defense, industrial, products with manufactur
Slide 7: Company Overview (2/2)
Company Overview (2/2) Revenue EBITDA PAT INR Mn 7,103.54 INR Mn EBITDA EBITDA Margin % INR Mn PAT PAT Margin % 13.26% 5.90% 1400 14.00% 1000 7.0 0% 90 0 4,246.63 9.72% 12.00 % 6.00 % 120 0 936.71 80 0 10.00% 5.00 % 700 1000 416.75 60 0 8.00 % 4.00 % 80 0 6.00 % 50 0 2.31% 3.00% 40 0 408.91 60 0 300
Slide 8: Business Evolution and Key Milestones
Business Evolution and Key Milestones 1988 2000 2008 2010 2016 2021 • Established as a • Got approval for • Established • Established unit • Established • Started exporting sensor manufacturing setting up Kaynes in Bengaluru manufacturing facility electric assembly to enterprise hardware export- Tec
Slide 9: Key Strengths
Key Strengths Karyn ES
Slide 10: The Kaynes Advantage - Key Strengths
The Kaynes Advantage - Key Strengths Experienced promoters Internationally recognized Longstanding and senior and certified relationships with top management with a manufacturing facilities global & domestic consistent track record supported by a strong customers of superior financials supply chain
Slide 11: Leading ESDM player with end-to-end Design & Engineering capabilities
Leading ESDM player with end-to-end Design & Engineering capabilities… Service offering across entire customer value chain Manufacturing Product Design Industrialization services End-of-life maintenance services services services services Prototype OEM Concept to Design manufacturing manufacturing R
Slide 12: Applications Enabled with IoT solutions
… Enabled with IoT solutions End-to-end connected asset platform, including business applications, managed cloud service, and ODM Device solution Kemsys Platform Product: Snapshots Capture Cloud Connect Control Transformer – Large Asset Monitoring KPT KemSights R Services – Client Business Apps Netw
Slide 13: Well-diversified business profile
Well-diversified business profile Revenue across verticals Revenue across geographies FY22 FY22 Automotive 8.37% 5.32% Industrial 6.28% 33.56% Aerospace, Defence & other 10.35% 80.01% Medical 11.20% Railways 10.08% 0.73% IoT/IT 2.52% 1.79% Well Consumer 29.80% diversified India North America Europe
Slide 14: Marquee customer base
Marquee customer base Industry Key Customers Long standing relationship with clients Leading global mfg of Average business period relationship of top 10 customers in each vertical 3 electronic instruments and 8.8 8.8 electromechanical devices Industrials 7.4 7.0 6.3 5.2 Railways 3.7 Automotive 2 Au
Slide 15: Diversified Product Portfolio
Diversified Product Portfolio Cluster PCBA Head/Tail/Fog/DRL PCBA Switches PCBA BCU Master / Slave Automotive Smart Energy Meter Street light controller HVAC Thermostat Precision Bridge and Strain Industrial Air Data Sensor Mission Critical Products Thermal Imaging Systems Communication Electronics
Slide 16: Application Specific Roadmap
Application Specific Roadmap Medical devices Aerospace & Information Defense Technology Diagnostic, lab, surgical & other Avionics, High density equipment Industrial Communication boards & other Green Energy Hand-Held LRUs products Computers High-capacity Solar string TFT Displays UPS Warehouse inve
Slide 17: Financial Performance
Financial Performance KAYNES
Slide 18: Proven record of consistent financial performance (1/2)
Proven record of consistent financial performance (1/2) Revenue EBITDA and EBITDA Margins INR Mn 7,103.54 INR Mn EBITDA EBITDA Margin 13.26% 12.33% 14.00% 11.22% 1,20 0.00 13.0 0% 936.71 12.00 % 4,246.63 1,000.00 9.72% 11.00 % 3,701.66 10.00% 80 0.00 9.00 % 1,999.70 8.00 % 413.33 6 00.00 408.91 7.0
Slide 19: Proven record of consistent financial performance (2/2)
Proven record of consistent financial performance (2/2) Net Worth Asset Turnover Ratio (Not annualized) INR Mn 6.00 x 2,120.03 2,500.00 2,018.18 5.00 x 4.79x 2,000.00 4.02x 3.68x 1,365.10 4.00 x 1,500.00 957.58 3.00x 1,000.00 2.00x 1.34x 50 0.00 1.0 0x - 0.00 x FY20 FY21 FY22 Q1FY23 FY20 FY21 FY22 Q
Slide 20: Board of Directors & Leadership Team
Board of Directors & Leadership Team 19
Slide 21: Experienced Board of Directors and Leadership Team
Experienced Board of Directors and Leadership Team Ramesh Kunhikannan Anup Kumar Bhat Managing Director & Promoter Independent Director 33 years of experience in the EMS industry Several years of experience Associated with the company since inception Ex. VP Ashok Leyland (subsidiary support) B.Tech
Slide 22: Annexure 1 – Financials
Annexure 1 — Financials KAYNES
Slide 23: Statement of P&L
Statement of P&L Particulars FY20 FY21 FY22 Q1FY23 Revenue from operations 3,682.38 4,206.27 7,062.49 1,992.67 Finance Income 11.97 10.62 12.43 6.99 Other Income 7.31 29.74 28.62 0.11 Total Income (A) 3,701.66 4,246.63 7,103.54 1,999.77 Expenses Cost of materials consumed 2,603.38 2,822.99 4,931.07
Slide 24: Balance Sheet - Assets
Balance Sheet - Assets Particulars FY20 FY21 FY22 Q1FY23 ASSETS Non-Current Assets Property, plant and equipment 502.22 570.65 639.58 636.24 Intangible assets 45.14 126.94 289.73 272.51 Capital work-in-progress 49.75 10.06 44.20 45.60 Intangible under development 69.7 116.17 39.09 67.23 Rights-of-Us
Slide 25: Balance Sheet - Liabilities
Balance Sheet - Liabilities Particulars FY20 FY21 FY22 Q1FY23 Equity Equity Share Capital 68.00 68.00 461.58 461.58 Instruments entirely equity in nature - 10.80 3.79 3.79 Other Equity 958.98 1,307.78 1,560.48 1,661.85 Non-controlling interest 5.49 9.05 11.32 12.86 Total equity 1,032.47 1,395.63 2,0
Slide 26: Cash Flow Statement (1/2)
Cash Flow Statement (1/2) Particulars FY20 FY21 FY22 Q1FY23 Cash Flow from Operating Activities Net profit before extraordinary items and tax 112.80 108.72 590.27 134.39 Adjustments for : Depreciation and Amortisation Expense 83.79 100.76 131.62 45.70 Unrealised foreign exchange gain (net) 1.63 (0.1
Slide 27: Cash Flow Statement (2/2)
Cash Flow Statement (2/2) Particulars FY20 FY21 FY22 Q1FY23 Cash Flow from Investing Activities Purchase of fixed assets (312.23) (249.95) (422.44) (70.62) Sale of fixed assets Interest Received 7.63 6.71 10.59 6.83 Proceeds from Sale of investments / fixed deposits matured 205.34 2.40 (33.42) (6.34
Slide 28: Annexure 2 – Facilities
KAYNES TECHNOLOGY aT er ae Beal Ba,O2 yoRain Orreiat KAYNES TECHNOLOGY INDIA LIMITF” (Formerly Kaynes Technology
Slide 29: Manufacturing Facilities
Manufacturing Facilities Sl No Location Verticals Area (Square Feet) Owned / Leased 1 Mysore, Karnataka – Unit I Owned Railways, Defence and Aerospace, Medical 1,26,085 and Industrials 2 Mysore, Karnataka – Unit II Leased IT, Telecom, Industrial, Medical and 3 Parwanoo, Himachal Pradesh 5,253 Owned
Slide 30: Design Facilities and Service Centers
Design Facilities and Service Centers Service Centers Sl No Location Verticals Area (Square Feet) Owned / Leased 1 Kochi, Kerala Aerospace and Defence 185.80 Leased Railway, Aerospace, Railway, Aerospace, 2 Navi Mumbai, Maharashtra 589.93 Leased Defence and Industrial Design Facility Sl No Location
Slide 31: Annexure 3 – Shareholding Pattern
Annexure 3 – Shareholding Pattern 30
Slide 32: Shareholding Pattern as on 18th Nov '22
Shareholding Pattern Promoter & Promoter Group 23.8% Mutual Funds Foreign Portfolio Investors 4.67% Foreign Companies 4.34% 63.57% 3.60% Others Shareholding Pattern as on 18th Nov ‘22 Listing Date: 22nd Nov ‘22 BSE Ticker: 543664 NSE Symbol: KAYNES 31 Source: BSE
Slide 33: Thank You
Thank You Contact Us Jairam P Sampath, Chief Financial Officer Kaynes Technology India Limited Address: 23-25 Belagola Food Industrial Estate, Metagalli PO, Mysore 570016 Karnataka, India. Phone Nos.: 0821 - 2582595 Corporate ID :U29128KA2008PLC045825 Email: kaynestechcs@kaynestechnology.net Website
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