Slide 1: Cover letter to stock exchanges
SKIPPER Date: 22 June 2020 The Manager The Manager National Stock Exchange of India Limited BSE Limited th PhirozeJeejeebhoy Towers, Dalal Street Exchange Plaza, 5 Floor, Plot No. C-1, Block-G Mumbai- 400 001 BandraKurla Complex, Bandra (E) Mumbai- 400 051 NSE Scrip Name- SKIPPER/BSE Scrip Code- 538
Slide 2: Q4 & 12M Performance 2019-20 Investor Presentation
Q4 & 12M PERFORMANCE, 2019 - 20 SKIPPER LIMITED INVESTOR PRESENTATION Broad-basing the pyramid
Slide 3: Who We Are
WHO WE ARE Skipper Limited is India’s largest and world's most competitive integrated transmission tower manufacturing company 2
Slide 4: Key Facts
K E Y FA C T S • Flagship company of • Four Power Grid • Widely respected the S.K. Bansal Group Corporation of India- player; awarded Largest (incorporated 1981). approved transmission Tower Supplier Award by tower and pole Power Grid for 3rd • Angle rolling, tower, manufacturing plants consecutive
Slide 5: Skipper: One-Stop Solution Provider
PRODUCT OFFERINGS SKIPPER: ONE -STOP SOLUTION PROVIDER Engineering products Polymer products Infrastructure projects Capacity: 300,000 MTPA Capacity: 51,000 MTPA M I S S•I Transmission ON Line EPC • Power Transmission Tower • UPVC Pipes • Railway Electrification EPC • Power Distribution Poles • CPVC
Slide 6: Global Presence
FOOTPRINTS GLOBAL PRESENCE SOUTH AMERICA Peru, Colombia, Chile, Paraguay, Panama EUROPE UK, Germany, Spain AFRICA Kenya, Egypt, Ghana, Nigeria, Zambia, Sierra Leone Guinea, South Africa, Botswana, Burundi, Angola MIDDLE EAST Jordan, Saudi Arabia, UAE SOUTH AND SOUTH EAST ASIA Nepal, Bangladesh, Sri
Slide 7: Performance Update Q4 & 12M FY'20
SKIPPER LIMITED Performance Update Q4 & 12M FY’20 Update
Slide 8: Stand Alone – Financial Performance
Stand Alone – Financial Performance Rs in Mn Sl Profit & Loss Summary Q4 FY’20 Q4 FY’19 12M FY’20 12M FY’19 1 Revenues 4,338.5 4,333.9 13,905.1 18,708.7 2 Operating EBITDA (without Forex) 466.4 526.6 1,546.4 1,840.3 % of Revenue 10.6% 12.2% 11.1% 9.8% 3 Depreciation 96.8 81.7 381.0 378.7 4 Interest
Slide 9: Strong Q4 Revenue Performance
Strong Q4 Revenue Performance Rs in Mn Strong Rebound in 5,000 T&D Business 4,389 activities 4,334 4,000 Q4 FY’20 Revenue at 4,389 million, scaled 3,386 up to beat previous 3,133 2,998 year level 3,000 Highest Revenue quarter of the Year, 2,000 in spite of 8 days of Corona Lock down in March 20. 1,0
Slide 10: Covid Related Update
Covid Related Update • Received necessary govt permission to restart plant in May; Factory operations and construction activities have resumed with limitations and logistical challenges • On the Project front, things are slowly getting back into action – Almost all our domestic project sites have co
Slide 11: Reasons Impacting Revenue – Q4 FY'20
Reasons impacting Revenue – Q4 Fy’20 Emergence of nation-wide lockdown from 3rd week of March-20 arising from COVID19 situation, Led to marginal loss of revenue in the quarter . First 9 months Consciously slowed down supplies to the customer unwilling to give secured payment terms Considering
Slide 12: Key Performance Highlights
KEY PEFRORMACE HIGHLIGHTS Performance Update Key Update The Company’s external credit rating has been assigned as “A-”/Stable by ACUITE against CARE BBB+ on account of improved operational & financial performance in conjunction with better growth prospects. Company’s Tower & Pole Testing Bed got
Slide 13: Segment Performance Q4 & 12M FY'20
SEGMENT REPORT Segment Performance Q4 & 12M FY’20 Rs in Mn Q4 Q4 12 M 12 M Segment Financial Summary FY’20 FY’19 FY’20 FY’19 Polymer 10% Net revenue 3,565.0 3,795.9 11,425.5 16,452.2 Infra 8% Engg. EBIDTA (w/o forex) 429.0 506.4 1,448.8 1,778.5 Products % of Revenue 12.0% 13.3% 12.7% 10.8% Net reven
Slide 14: Improvement Trends: Op. EBITDA Margin
IMPROVEMENT TRENDS Op. EBITDA Margin (without Forex) 20.0% 15.0% 13.3% 12.9% 13.1% 12.9% 11.8% 12.0% 11.0% 10.0% 12.2% 11.6% 11.4% 11.0% 10.6% 10.2% 7.0% 10.6% 7.6% 5.0% 6.2% 1.6% 5.0% 2.2% 1.2% 1.0% 3.9% 2.8% 0.0% Q1'19 Q2'19 Q3'19 Q4'19 Q1 Fy'20 Q2 Fy'20 Q3 Fy'20 Q4 Fy'20 Engineering Polymer Stand
Slide 15: Efficient Debt Management
Efficient Debt Management Debt Details Rs in Million 31.03.2020 31.03.2019 Inc / (Dec) Long Term Debt 1,569 1,640 (71) Current Maturities of Long 344 457 (113) Term Debt Short Term Debt 2,624 3,133 (509) Gross Debt Level 4,538 5,231 (693) Debt Equity Ratio (X) 0.66 0.81 (0.15) • Gross Debt to Equity
Slide 16: Order Book Composition – March 2020
ORDER BOOK PIE Engineering Products – Order Book Composition – March 2020 Total Order Book T&D Order Book Rs 20,110 Mn Rs 18,110 Mn 26% 60% 30% 34% 40% 10% Domestic T&D Domestic - Telecom & Railways Exports PGCIL SEB & Private Export Order Book to Sales stands > 1.5 X 15
Slide 17: Rising Export Share
Rising Export Share Export Order Inflow (Rs in Mn) 5000 4,620 4000 54% 3,000 3000 2000 1000 12M FY'19 12M FY'20 • Export share in T&D Order book increased to 34% against 16% previous year • In advanced Stages of negotiation to secure some good size contract by next 1-2 quarter • Targeting to double
Slide 18: Export – Positioned for Growth
Export - Positioned for Growth FY’19 FY’20 & 21 Time to ripe the benefits • Major regulatory approval done International Certifications • Established relations with 100 global EPC players Credential Establishments • Our International bidding pipeline of 31,000 million are at the highest level in com
Slide 19: Strong Bidding Pipeline
Strong Bidding Pipeline Highest Ever Bidding Pipeline of 51,500 Million as on 31st March 2020; International – 31,000 Mn & Domestic - 20,500 Mn The domestic T&D activities are showing signs of strong recovery and rebound after a 2 years of lull, The company expects Ordering & Execution to gain pace
Slide 20: Performance Outlook
BUSINESS OUTLOOK PERFORMANCE OUTLOOK Covid Lockdown impact is more of a Revenue deferment for us rather than revenue loss, Any Revenue Shortfall on account of this will be made up in subsequent quarter; None of our projects got cancelled neither faced any significant deferment. Backed by strong Orde
Slide 21: Disclaimer and contact
DISCLAIMER This Investor Presentation has been prepared by Skipper Limited for investors, solely for informational purposes. The information contained herein has been prepared to assist prospective investors in making their own evaluation of the Company and does not purport to be all-inclusive or to