Gmm Pfaudler Limited · NSE:GMMPFAUDLR
Gmm Pfaudler — Q3 FY23 Earnings Presentation
29 slides from Gmm Pfaudler's earnings presentation, Feb 2, 2023
Slide 1: Exchange filing cover letter for investor presentation
GMM/SEC/2022-23/78B February 2, 2023 To, BSE Limited NSE Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, 1st Floor, Dalal Street, Bandra Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 505255 Symbol: GMMPFAUDLR Dear Sir/ Ma’am, Sub.: Investor presentation on
Slide 2: Earnings Presentation Q3 FY23
GmMmM— LPfaudier ~ a Moving Forward | with Purpose Earnings Presen' ation Q3FY23 Uf February 2023 in vy o
Slide 3: Disclaimer
— Disclaimer This presentation has been prepared by GMM Pfaudller Limited (the ‘Company") and forms a part of its intellectual property which is solely for the purposes of your general information and shall not be taken away, distributed, reproduced, or redistributed or passed on, directly or indire
Slide 4: Snapshot
Snapshot =118 crore EBITDA 240 crore PAT* 22,247 crore Order Backlog * Excludes impact of exceptional items of ®22 crore related to inventory provision and acquisition & disposal related expenses. Includes net loss on restatement of foreign currency borrowings amounting to ®18 crore r GMM “— Pfaudle
Slide 5: Quarter Highlights
— Quarter Highlights * Revenue growth of 23% YoY * EBITDA growth of 44%, EBITDA margin at 14.9% * PAT margin at 5.1%, impacted by net loss on restatement of foreign currency borrowings amounting to 218 crore (non-cash) * Shipment and Order intake remains on track "Order Backlog stands at $2,247 cror
Slide 6: Consolidated Results - Q3 FY23
— Consolidated Results - Q3 FY23 _ — REVENUE _ EBITDA Figures in ® crore a 2% 1 123% | 0% | 1 44% | 792 780 18 ng 642 82 Q3 FY23 Q2 FY23 Q3 FY22 Q3 FY23 Q2 FY23 Q3 FY22 — PROFIT AFTER TAX* — ORDER BACKLOG 1 7% _| 1 6% 1 9% | 2,247 29 2,067 40 38 Q3 FY23 Q2 FY23 Q3 FY22 Q3 FY23 Q2 FY23 Q3 FY23 * Excl
Slide 7: Consolidated Results - 9M FY23
— Consolidated Results - 9M FY23 6 Figures in % crore — REVENUE — EBITDA — 1 26% ! 1 58% ! 5 1,841 355 9M FY23 9M FY22 9M FY23 9M FY22 — PROFIT AFTER TAX* = ORDER INTAKE 1 242% ! 199 2,601 58 9M FY23 9M FY22 9M FY23 9M FY22 * Excludes impact of exceptional items of #22 crore related to inventory pro
Slide 8: Business Highlights
— Business Highlights " Current performance remains on track to meet FY25 guidance " Shipment and order intake ahead of plan with backlog of 6-9 months, outlook remains positive " Technologies and Services platforms maintain traction « Systems opportunity pipeline remains strong « Value Sourcing — 7
Slide 9: Acquisition - Mixel
— Acquisition - Mixel === Background |. Two manufacturing facilities - Lyon, France and Beijing, China ll. Mixel designs and manufactures customized mixing systems for a wide range of industrial applications Il. More than 45,000 agitators installed worldwide IV. Provides sustainable solutions that r
Slide 10: Annexures
Annexures GMM Pfaudler
Slide 11: Shareholder Summary
— Shareholder Summary in % teri December September 31, 2022 30, 2022 — Public Pfaudler Foreign Portfolio Investors 19.02 171 Inc.* sDlaleel Mutual Funds 8.08 3.49 Alternate Investments Funds 1.82 1.42 Insurance Companies/ Banks/ Fis 0.76 0.71 61.3% 24.2% IEPF 0.40 0.40 Public 31.19 26.22 Total Publi
Slide 12: Consolidated Results
N Consolidated Results GMM Pfaudler
Slide 13: Segmental Overview - Q3 FY23
— Segmental Overview - Q3 FY23 12 Consolidated Standalone 6% Th 4» 4 International Consolidated Standalone Order Intake 4» 1% 6% International *Note: Standalone and International breakdown excluded inter-company eliminations
Slide 14: Segmental Overview - 9M FY23
— Segmental Overview - 9M FY23 13 Consolidated <= 4) Standalone 5% e International > Technologies Consolidated Order Intake a» Standalone 5% International > Technologies *Note: Standalone and International breakdown excluded inter-company eliminations
Slide 15: Order Intake and Backlog Trend
— Order Intake and Backlog Trend 14 Figures in ® crore 895 Order Intake Trend 998 829 470 773 Q3 FY22 Q4FY22) QIFY23) Q2FY23 Q3 FY23 Order Backlog Trend 2,182 2,119 2,067 1,932 2,247 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 GMM —J ce Pfaudler
Slide 16: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance Particulars (% crore) Q3 FY23 FY23 Q-0-Q Q3 Fi Operational Income 792 780 2% 642 23% Material Cost 312 312 0% 253, 24% Other Costs 362 349 4% 307 24% Total Operating Expenses 674 661 2% 560 20% EBITDA ns ng (0%) 82 44% EBITDA Margin (%) 14.9% 18.2% (29) b
Slide 17: Standalone Results
16 Standalone Results GMM Pfaudler
Slide 18: Standalone Results - Q3 FY23
— Standalone Results - Q3 FY23 Figures in % crore = REVENUE = EBITDA L 8% | 32% 1 3% | 277 256 | = 7 Q3 FY23 Q2 FY23 Q3 FY22 Q3 FY23 Q2 FY23 Q3 FY22 — PROFIT AFTER TAX — ORDER BACKLOG eel «| at So) 650 20 624, 568 9.4% _ Q3 FY23 Q2 FY23 Q3 FY22 Q3 FY23 Q2 FY23 Q3 FY22 7 Backlog is net of POC. Margin
Slide 19: Standalone Results - 9M FY23
— Standalone Results - 9M FY23 Figures in % crore = REVENUE = EBITDA —_—_ | 33% | 1 5% ! 732 127 133 586 9M FY23 9M FY22 9M FY23 9M FY22 — PROFIT AFTER TAX — ORDER INTAKE 1 13% | 1 20% | 892 65 a 746 12.7% 9M FY23 9M FY22 9M FY23 9M FY22 18 Backlog is net of POC. Margin and growth percentages are ca
Slide 20: Quarterly Standalone Financial Performance
Quarterly Standalone Financial Performance Particulars (2 crore) FY23 2 FY23 Q-0-Q FY22 Operational Income 277 256 8% 209 32% Material Cost 139 17 19% 98 42% Other Costs 94 97 (3%) 73 28% Total Operating Expenses 233 214 9% 171 36% EBITDA 44 42 3% 38 15% EBITDA Margin (%) 15.8% 16.5% (72) bps 18.1%
Slide 21: International Results
20 International Results GMM Pfaudler
Slide 22: International Results - Q3 FY23
— International* Results - Q3 FY23 — REVENUE — EBITDA a a == at i] 1% | 1 17% | 1 2% 4 " 44% | Figures in % crore Lo--- Lo-- Lol 557 565 475 49 a _ i Toe QS FY23 Q2 FY23 QS FY22 Q3 FY23 Q2 FY23 QS FY22 — PROFIT AFTER TAX”* = ORDER BACKLOG 1 731% | izes izes 1,697 1,590 1589 aTs) 22 ww QS FY23 Q2 FY2
Slide 23: International Results - 9M FY23
— International* Results - OM FY23 = REVENUE Figures in % crore EBITDA —__ 1 23% ! 1; 108% ! 1,661 1,354 194 94 9M FY23 9M FY22 9M FY23 9M FY22 — PROFIT AFTER TAX” — ORDER INTAKE 123 ' NA ! ' 1% 1 1,828 1,848 -6 — -O4% 9M FY23 9M FY22 9M F¥23 OM FY22 *Includes Mavag & PFI, Excluding inter-company el
Slide 24: Manufacturing Sites
Manufacturing Sites GMM Pfaudler
Slide 25: Global Footprint
== Global Footprint Waghdausel scten UKA® ian (e) Bolton A®, GERMANY Hofheim-wallau te SWITZERLAND USA {e Neunkirch \°/ Rochester ITALY ®) CHINA Avondale Torre De Mosto Li Yang Americus Milan INDIA Karamsad \®, Hyderabad Ahmedabad MP craters Global Reach Local Presence Integrated Organization (©) Ma
Slide 26: Europe
EUROPE Cc TRY LOCATION SEGMENT FY22 REVENUE GERMANY GERMANY GERMANY ITALY ITALY SWITZERLAND UK UK Waghausel Ilmenau Hofheim-Wallau Torre Di Mosto Milan Neunkirch Leven Bolton Technologies Glass-Lined) Services Systems Services Technologies (Glass-Lined) Services Systems Technologies (Non Glass-Lined
Slide 27: Asia
ASIA COUNTRY TION SEGMENT FY22 REVENUE INDIA Karamsad INDIA Nacharam INDIA Vatva CHINA Technologies (Glass-Lined & Non Glass-Lined) Systems Services Technologies (Glass-Lined) z ee 979 crore Technologies (Non Glass- Lined) Services Technologies (Glass-Lined) Systems Services Latest financial year en
Slide 28: Americas
AMERICAS co RY CATION SEGMENT FY22 REVENUE USA USA USA BRAZIL Rochester Avondale Technologies (Glass-Lined & Non Glass-Lined) Systems Services Technologies (Non Glass- Lined) Services Services Technologies (Glass-Lined) Services a 805 crore Latest financial year ended figures; Milan and Americus are
Slide 29: Thank You
GMM ce Pfaudier J Thank You Investor Relations Contact Priyanka Daga GMM Pfaudler Limited T: +91 22 6650 3900 E: investorrelations@gmmpfaudler.com Anuj Sonpal Valorem Advisors T: +91 22 4903 9500 E: gmmpfaudler@valoremadvisors.com