Slide 1: Jash Engineering Ltd. Investor Presentation FY24
JASH ENGINEERING LTD. Contributing to a sustainable environment…….Worldwide ! Investor Presentation FY24, May 2024 Mahr Maschinenbau
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Jash Engineering Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secur
Slide 3: Agenda
1 Company Overview Agenda 2 Product Overview 3 Financial Overview 4 Business Outlook Head Office at Unit 1 in Indore
Slide 4: Company Overview
Company Overview
Slide 5: Jash at-a-glance
Jash at-a-glance An ISO-9001:2015 / ISO-14001:2015 / OHSAS ISO 45000:2018 certified company dedicated to offering varied products for use in Water and Wastewater Pumping Stations and Treatment Plants, Storm Water Pumping Stations, Water Transmission Lines, Desalination, Power, Steel, Cement, Paper
Slide 6: Evolution of the company
Evolution of the company Biggest Water Control gates company of India Established UNIT-3 of Expanded Screen manufacturing Technical collaboration with & converted into public limited company. 50,000 Sqft. At SEZ facility and became largest Weco Armaturen, Germany to Technical & Financial collaborati
Slide 7: Evolution Through Acquisition
Evolution Through Acquisition Waterfront Fluid Controls Ltd, UK To seize the opportunity presented by closure of Hambaker and become the (Acquisition value GBP 2 million) largest Water Control Gates company in UK using Waterfront local presence. Rodney Hunt Inc., USA To add world renowned brand and
Slide 8: State of Art Facilities & Turnover Capability
State of Art Facilities & Turnover Capability Total Turnover Potential from existing facility ₹ 800+ Cr UNIT-1 CAST PRODUCTS PLANT UNIT-2 FABRICATED PRODUCTS PLANT UNIT-3 SEZ PLANT Built Up Area: 125,000 Sq. ft. Built Up Area: 185,000 Sq. ft. Built Up Area: 75,000 Sq. ft. Turnover Capability : ₹ 75
Slide 9: Plant Capabilities
Plant Capabilities Bend & shear Shot blasting of carbon Physical & Chemical stainless steel up to steel up to 5000 x 4000 x testing of material 14 mm thick 20000mm Machine job with maximum size of upto Bath pickle 10,000 x 4000 x stainless steel jobs Flight Forming Positive Material 1000 mm on CNC u
Slide 10: Products Overview
Products Overview
Slide 11: Product at a Glance
Product at a Glance Water intake Systems Heavy Fabricated Gates Coarse Screening Fine Screening Equipment Equipment Penstocks / Open Channel Bulk Head Slide Roller Gates Trash Rack Jash MMR Screenmat Step Rotoclean Rotary Sluice Gates Gates Gates Screen Screen Drum Screen Downward Opening Flap Gates
Slide 12: Product at a Glance
Product at a Glance Screening Conveying Heavy Fabricated Gates Bulk Solid Handling Knife Gate Valves Equipment Valve Belt Conveyor Screw Conveyor Trash Rack “MONO” Series Slide Gate Valve Swing Gate Valve Knife Gate Valve – Version ZFB – Version KU Special Purpose Valves Screw Conveyor Jet Breaker D
Slide 13: Product at a Glance
Product at a Glance Process Equipment Heavy Fabricated Gates Detritor Slow speed floating aerator Clarifier Clarifloculator Slow speed fixed aerator Hydro Power Equipment Screw Pumps Filtering Equipment Heavy Fabricated Gates Hydropower Screw Generator Archimedean Screw Pump iFILT® Diamond Disc Filt
Slide 14: Product at a Glance
Product at a Glance Secondary Treatment Equipment Diffuser Aeration Mixing & Aeration Equipment Decanting Equipment Turbo Blower jashindia.com 14
Slide 15: Application Of Products
Application Of Products Water intake systems Storm water pumping Water & waste water Irrigation systems stations treatment plants Power plants Paper & pulp plants Petrochemical plants Steel plants jashindia.com 15
Slide 16: Product Offerings With Revenue Contribution (FY24)
Product Offerings With Revenue Contribution (FY24) Water Control Gates Screening Equipment 15% 60% 60% 27% Revenue Contribution Revenue Contribution Hydropower & Pumping , Valves Process Equipment and others 15% 9% 8% 10% Revenue Contribution Revenue Contribution jashindia.com 16
Slide 17: Making The World Our Market
Making The World Our Market From predominant sales in single geography of India in early nineties, the company is today present in multiple (over 45 countries) regions with each region having significant contribution in turnover. Revenue from outside India ~ 60% of total revenue. EUROPE Sweden & AFR
Slide 18: Clients & Consultants - India
Clients & Consultants - India CONTRACTORS CONSULTANTS jashindia.com 18
Slide 19: Clients & Consultants - International
Clients & Consultants - International CONTRACTORS CONSULTANTS jashindia.com 19
Slide 20: Financial Performance
Financial Performance
Slide 21: Standalone Performance – Jash, Shivpad & Jash USA
Standalone Performance – Jash, Shivpad & Jash USA JASH ENGINEERING LTD. SHIVPAD ENGINEERING PVT. LTD. JASH USA / RODNEY HUNT Revenue (₹Cr)* Revenue (₹Cr)* Revenue (₹Cr/ US$ Mn) 352.6 27.2 ₹ 221.7 / $ 26.6 281.0 ₹ 163.9 / $ 20.4 +25.5% +15.0% 18.4 +30.4% +6.2% +14.5% -32.3% FY23 FY24 FY23 FY24 FY23 F
Slide 22: Consolidated Financial Snapshot
Consolidated Financial Snapshot Revenues (₹Cr)* Gross Profit (₹Cr) & Margin (%) EBITDA (₹Cr) & Margin (%) 521.9 105.0 311.0 415.2 77.1 20.2% 373.6 +25.7% 243.3 59.7% 302.3 +11.1% 195.9 54.5 52.9 18.6% +23.6% 172.4 58.6% +5.8% 52.4% 18.0% 57.0% 14.2% FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 FY21 FY22
Slide 23: Consolidated Income Statement
Consolidated Income Statement Particulars (₹ Cr) Q4FY24 Q3FY24 Q4FY23 FY24 FY23 Total Income 218.8 141.3 173.9 521.9 415.2 Total Expenses 169.7 113.1 138.7 438.2 358.7 EBITDA 34.5 33.9 40.8 105.1 77.1 EBITDA Margin (%) 25.0% 24.0% 23.5% 20.1% 18.6% Finance Cost (Net) 3.0 3.1 2.6 11.0 9.9 Depreciatio
Slide 24: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹ Cr) FY24 FY23 Particulars (₹ Cr) FY24 FY23 Equity & Liabilities ASSETS Shareholder's Funds Non-Current Assets Share Capital 12.4 12.0 Property, Plant & Equipment 98.9 86.1 Other Equity 338.8 226.7 Capital Work in Progress 5.4 3.5 Total Shareholder's Fund 351
Slide 25: Business Outlook
Business Outlook
Slide 26: Consolidated Order Book as on 1st May 2024
Consolidated Order Book as on 1st May 2024 Jash Engineering Ltd Within India ₹ 415 Cr ₹ 265 Cr Jash USA / Rodney Hunt Outside India ₹ 367 Cr ₹551 Cr Shivpad Engineering Pvt Ltd Combined order book stood at ₹ 34 Cr ₹ 816 Cr Order Booking of Waterfront is Rs.30 Cr and is not included in above combined
Slide 27: Consolidated Order Pipeline as on 1st May 2024
Consolidated Order Pipeline as on 1st May 2024 ALREADY NEGOTIATED UNDER NEGOTIATION Within India Within India ₹ 19 Cr ₹ 21 Cr Outside India Outside India ₹ 12 Cr ₹ 12 Cr Combined Combined ₹ 31 Cr ₹ 33 Cr jashindia.com 27
Slide 28: Consolidated Sales Outlook for FY 24-25
Consolidated Sales Outlook for FY 24-25 Jash Engineering Ltd Within India ₹ 460 Cr* ₹ 285 Cr Jash USA / Rodney Hunt Outside India ₹ 280 Cr ₹ 390 Cr Waterfront Fluid Controls Ltd. Combined ₹ 40 Cr** ₹ 675 Cr *Includes revenue of Shivpad which is under merging process with JASH. **Revenue considered 8
Slide 29: Highlights of FY 23-24
Highlights of FY 23-24
Slide 30: Canteen Inauguration Near Unit 1
HIGHLIGHTS OF FY 2023-24 CANTEEN INAGURATION NEAR UNIT 1 The AIMP Canteen, Dense forest and Water body made by us under CSR at a cost of over Rs 50 lacs has been handed over to Association of Industries Madhya Pradesh ( AIMP ) ! More than 2000 trees are planted at this 2 acre plot to help build a de
Slide 31: National Energy Conservation Award for 2023
HIGHLIGHTS OF FY 2023-24 NATIONAL ENERGY CONSERVATION AWARD FOR 2023 Jash Engineering Ltd. received the National Energy Conservation Award for 2023, at a function organized at Vigyan Bhawan, New Delhi. The Chief Guest for the function was the Honorable President of India – Smt. Droupadi Murmu. The a
Slide 32: Best Quality Award from Tata Projects
HIGHLIGHTS OF FY 2023-24 BEST QUALITY AWARD FROM TATA PROJECTS Jash Engineering Ltd. received an award and appreciation as “Best Quality Conscious Manufacturer” for our best quality products from TATA Projects Ltd. for NPCIL KKNPP 5 & 6.
Slide 33: Stainless Steel Products Plant – Unit 2, Indore
HIGHLIGHTS OF FY 2023-24 STAINLESS STEEL PRODUCTS PLANT – UNIT 2, INDORE A dedicated plant for Stainless Steel Products was commissioned at Unit 2 in Sept 2023. Proposed Model Actual Plant Photograph
Slide 34: Facility Enhancement at Various Plants
HIGHLIGHTS OF FY 2023-24 FACILITY ENHANCEMENT AT VARIOUS PLANTS To enhance the manufacturing facilities : 1. 15 T capacity crane installed in Unit 1 in foundry shop. 2. Horizontal Milling Centre commissioned in Unit 3. 3. 6 nos. crane installed in new plant at Unit 2 having capacity varying from 5 T
Slide 35: Multi-Sports Turf at Unit 2
HIGHLIGHTS OF FY 2023-24 MULTI-SPORTS TURF AT UNIT 2 A Multi-Sports Turf (Cricket Turf) was built at Unit 2. An avenue for entertaining employee resulting in to promotion of sportsmanship and ultimately contributing to good health. JASH Turf League Season 2 will be started from 22nd April 2024. Regi
Slide 36: Corporate Social Responsibility
HIGHLIGHTS OF FY 2023-24 CORPORATE SOCIAL RESPONSIBILITY The company is passionately involved in various CSR activities. It annually spends on various CSR related activities as mentioned hereunder to meet its obligation to the society : This year we have covered a broad gamut with our contributions
Slide 37: Products Highlight of FY 23-24
Products Highlight of FY 23-24
Slide 38: New Product Development: Vortex Grit Mechanism with Grit Classifier
NEW PRODUCT DEVELOPMENT IN FY 2023-24 First Vortex Grit Mechanism with Grit Classifier For 26 MLD STP Jhansi, UP Jal Nigam Grit Classifier Vortex Mechanism
Slide 39: New Product Development: Combined Screening & Grit Removal System
NEW PRODUCT DEVELOPMENT IN FY 2023-24 Combined Screening & Grit Removal System-1MLD (PTU) for Enviro-Infra, Bareilly, UP
Slide 40: New Product Development: Bladder Vessel
NEW PRODUCT DEVELOPMENT IN FY 2023-24 First set of Bladder Vessel 9 m3 x 3, 1 m3 x 3 supplied to Varanasi WSP Project
Slide 41: New Product Development: Sealed Disc Filter
NEW PRODUCT DEVELOPMENT IN FY 2023-24 3 Wheel Sealed Version Disc Filter for 6 MLD capacity for Delhi Jal Board
Slide 42: Prestigious Jobs Done In FY 2023-24
Prestigious Jobs Done In FY 2023-24
Slide 43: Travelling Band Screen for NPCIL, KKNPP
PRESTIGEOUS JOBS DONE IN FY 2023-24 Travelling Band Screen for NPCIL, KKNPP , India.
Slide 44: Revolving Trash Rack Cleaning Machine for NPCIL
PRESTIGEOUS JOBS DONE IN FY 2023-24 Revolving Trash Rack Cleaning Machine (RTRCM) for NPCIL, KKNPP, India
Slide 45: First 1 mm Travelling Band Screen for Reliance, Jamnagar
PRESTIGEOUS JOBS DONE IN FY 2023-24 First 1 mm opening Travelling Band Screen for Reliance, Jamnagar
Slide 46: ZVV for NVDA Project of Kalpataru
PRESTIGEOUS JOBS DONE IN FY 2023-24 11 nos. 3250 mm ZVV for NVDA Project of Kalpataru
Slide 47: KGV for Bhandup IPS project
PRESTIGEOUS JOBS DONE IN FY 2023-24 2200 mm KGV for Bhandup IPS project of SMC Infrastructure Pvt. Ltd., Thane
Slide 48: New Development for FY 24-25
New Development for FY 24-25
Slide 49: Waterfront UK Plant & Office Inauguration
NEW DEVELOPMENT FOR FY 2024-25 WATERFRONT UK PLANT & OFFICE INAUGURATION After successful acquisition of Waterfront Fluid Controls Ltd, UK, the company has taken manufacturing plant on lease which is adjoining shed to the present Waterfront’s shed. This plant will be inaugurated on 31st May -2024.
Slide 50: Restaurant in Unit 2
NEW DEVELOPMENT FOR FY 2024-25 RESTAURANT IN UNIT 2 A new restaurant in Unit 2 is under construction and will be commissioned in July 2024. Actual Site Progress
Slide 51: Shivpad Manufacturing Plant
NEW DEVELOPMENT FOR FY 2024-25 SHIVPAD MANUFACTUING PLANT A new plant for manufacturing process equipment is under construction in Chennai. This plant will be commissioned in December 2024. Proposed Model Actual Site Progress
Slide 52: Land Acquisition for Unit 5, SEZ Pithampur
NEW DEVELOPMENT FOR FY 2024-25 LAND ACQUISITION FOR UNIT 5, SEZ PITHAMPUR A new land has been acquired for expansion of Unit 4 (Fabricated Products Plant), SEZ Unit. This new plant of ~ 55000 sq. ft. will be commissioned in FY 2025-26 .
Slide 53: Management Commentary
Management Commentary Mr. Pratik Patel Managing Director “ We are pleased to report robust performance for FY24 with significant improvement in all major financial parameters. The Consolidated revenue has grown by ~ 26% , the Profit after tax has grown by ~ 29 % and the consolidated Earning per shar
Slide 54: Shareholders Information
Shareholders Information STOCK DATA SHAREHOLDING PATTERN (As on 8th May 2024) (As on 31st March 2024) Promoters NSE Symbol Market JASH Capitalization Public INR 2,635 Crore 49.4% 47.8% Shares 1.6% Stock Price Outstanding INR 2,142.65 Employee INR 1.23 Crore Trusts (231 Employees) jashindia.com 54
Slide 55: Thank You
THANK YOU FOR MORE INFORMATION, CONTACT CA Dharmendra Jain Siddesh Chawan Jash Engineering Limited Ernst & Young LLP/ Investor Relations E-mail: dharmendrajain@jashindia.com E-mail: Siddesh.Chawan@in.ey.com Ph: +91-731-6732700 (Ext. 111) Ph.: +91 99302 35001 JASH ENGINEERING LTD RODNEY HUNT INC E&M