Bajaj Steel Industries Limited · NSE:BAJAJST
Bajaj Steel Industries — Q3 FY2025 Earnings Presentation
35 slides from Bajaj Steel Industries's earnings presentation, Feb 3, 2025
Slide 1: Cover letter to BSE Limited
February 03, 2025 To, BSE Limited Corporate Relationship Department, 1st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Mumbai- 400 001 Scrip Code: 507944 Sub: Investor/Result Presentation Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Slide 2: Q3 & 9MFY25 Investor Presentation
BAJAJ STEEL INDUSTRIES LIMITED 1 Q3 & 9MFY25 INVESTOR PRESENTATION 1 Regd. Office: Plot No. C-108, MIDC Industrial Area, Hingna Nagpur -AN www.bajajngp.com 440 ISO016 9001 : 2015, 14001 : 2015 & 45001 : 2018 CERTIFIED COMPANY
Slide 3: Disclaimer
DISCLAIMER 2 This presentation and the accompanying slides (the “Presentation”), has been prepared by Bajaj Steel Industries Limited (the “Company”), solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall n
Slide 4: Table of Content
TABLE OF CONTENT 3 Q3 & 9MFY25 HIGHLIGHTS COMPANY OVERVIEW ANNUAL FINANCIALS ANNEXURE 3 www.bajajngp.com AN ISO 9001 : 2015, 14001 : 2015 & 45001 : 2018 CERTIFIED COMPANY
Slide 5: Q3 & 9MFY25 Highlights
4 Q3 & 9MFY25 HIGHLIGHTS 4 www.bajajngp.com AN ISO 9001 : 2015, 14001 : 2015 & 45001 : 2018 CERTIFIED COMPANY
Slide 6: Consolidated Financial Highlights
CONSOLIDATED FINANCIAL HIGHLIGHTS 5 Revenue EBITDA & EBITDA Margin (%) PAT & PAT Margin (%) Order Book (Rs. Cr) Rs.22.4 Cr Rs.13.7 Cr Q3FY25 Rs.139.6 Cr EBITDA Margin 16% PAT Margin 10% ( 10% YoY) ( 25% YoY) ( 36% YoY) Rs. 545.2 Cr Rs.73.8 Cr Rs.46.7 Cr as on 9MFY25 Rs.437.2 Cr (Excl. Exceptional
Slide 7: Consolidated Division Wise Revenue Q3 & 9MFY25
CONSOLIDATED DIVISION WISE REVENUE (Rs Cr) – Q3 & 9MFY25 6 Cotton Processing Machinery Infrastructure Electrical Panels Heavy Engineering Others 97 83 22 12 8 8 15 10 6 3 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Q3FY24 Q3FY25 308 263 66 28 26 56 23 12 14 13 9MFY24 9MFY25 9MFY24 9MFY25
Slide 8: Q3 & 9MFY25 Profit & Loss
Q3 & 9MFY25 PROFIT & LOSS 7 Particulars (Rs Cr) Q3FY25 Q3FY24 YoY (%) 9MFY25 9MFY24 YoY (%) Revenue From Operation 138.04 125.86 431.28 377.07 Other Income 1.64 1.26 5.92 3.41 Total Income 139.69 127.13 9.8% 437.21 380.48 14.9% Cost of Goods Sold 64.11 60.06 210.81 182.92 Employee Benefits Expense 1
Slide 9: Path to Progress: Drivers, Initiatives & Key Highlights
PATH TO PROGRESS: DRIVERS, INITIATIVES & KEY HIGHLIGHTS 8 Business Updates Order Book* Cotton Processing Developing high-speed, high-capacity ginning machines to Rs. 392.9 Cr Machinery enhance competitiveness in domestic and global markets. Infrastructure New manufacturing facility on 4 acres with a
Slide 10: Company Overview
9 COMPANY OVERVIEW 9 www.bajajngp.com AN ISO 9001 : 2015, 14001 : 2015 & 45001 : 2018 CERTIFIED COMPANY
Slide 11: Company at a Glance
COMPANY AT A GLANCE 10 63 Years Of Legacy Presence Across 2000 + Work Force Diversified Operations 13 Mfg. Facilities 60 + Countries With 200+ Engineers With 05 Divisions Built Up Area 9.5 Lakhs Sq. Ft. (88,300 Sq. Mtrs.) Supplied 3,000+ Subsidiaries In USA More Than 50% Revenue Acquired Continental
Slide 12: Our Journey to Becoming a Multiproduct Engineering Co.
OUR JOURNEY TO BECOMING A MULTIPRODUCT ENGINEERING CO. 11 Incorporated in 1961 under the visionary leadership of Late Shri Hargovind Bajaj, BSIL has evolved from a Cotton Ginning Machinery Company to Multiproduct Engineering Company operating in Cotton Processing Machinery, Infrastructure, Electrica
Slide 13: Business Divisions
BUSINESS DIVISIONS 12 Other Products Cotton Infrastructure (Steel Doors, Electrical Heavy Processing (Pre-Engineered Fire Fighting Panels Engineering Systems, HVAC, Machinery Buildings) Conveyors etc.) 12 www.bajajngp.com AN ISO 9001 : 2015, 14001 : 2015 & 45001 : 2018 CERTIFIED COMPANY
Slide 14: Cotton Processing Machinery Division
COTTON PROCESSING MACHINERY DIVISION 13 • Largest player across the globe with customers in 60+ countries and operations over a 13 Mfg. Facilities Built Up Area 9.5 Lakhs Sq. Ft. (88,300 Sq. Mtrs.) workshop on a 32-acre land area. • Only manufacturer in the world with all the four ginning technologi
Slide 15: Infrastructure Division
INFRASTRUCTURE DIVISION 14 • Specializes in design, fabrication, manufacturing, and erection of Pre-Engineered Buildings (PEB) and execution of EPC/turnkey projects. • Successfully executed over 1,000 projects for marquee clients, including Indian Oil, Apollo International, Maharashtra State Warehou
Slide 16: Electrical Panel Division
ELECTRICAL PANEL DIVISION 15 • Designing and manufacturing of Electrical Panels, Bus Trunking Systems, Intelligent Motor Control Centers, and SVGR systems, along with consultancy, contracting, automation, and panel building services. • Products: PCC panels, MCC panels, AMF panels, APFC panels, Bajaj
Slide 17: Heavy Engineering Division
HEAVY ENGINEERING DIVISION 16 • Manufacturing of Heavy Equipment and Structural Fabrications serving clients across sectors. • Company has executed projects of manufacturing Chimneys, Hydraulic power packs, Gantry, Tanks, Silos and other storage equipment for companies engaged in Steel manufacturing
Slide 18: Other Products
OTHER PRODUCTS 17 Incubating manufacturing of various ancillary products: • Specialty conveyors • Fire fighting systems • Industrial fans and impellers • Hydraulic cylinders • Power transmission products • Office Furniture • Steel Doors • Ductings for various applications. 17 www.bajajngp.com AN ISO
Slide 19: Manufacturing Facilities Across 100,000 Sq.Mtrs
MANUFACTURING FACILITIES ACROSS 100,000 SQ.MTRS 18 C-108, MIDC, Hingna, Nagpur C-20-10, MIDC, Hingna, Nagpur G6-G7, MIDC, Hingna, Nagpur Area: 26,830 Sq. Mtrs. Area: 3,868 Sq. Mtrs. Area: 24,000 Sq. Mtrs. Divisions: Cotton Processing M/c Divisions: Cotton Processing M/c Divisions: Cotton Processing
Slide 20: High Quality Certifications and Global Collaborations
HIGH QUALITY CERTIFICATIONS AND GLOBAL COLLABORATIONS 19 Collaboration Central Building Artu K Central Institute For Research System Integrator Research On Cotton Institute, Roorkee Certificate Technology Certificate Of Central Power Underwriters Compliance Research Institute Laboratories ISO 9001:2
Slide 21: Long Standing Relationships with Marquee Clientele
LONG STANDING RELATIONSHIPS WITH MARQUEE CLIENTELE 20 20 www.bajajngp.com AN ISO 9001 : 2015, 14001 : 2015 & 45001 : 2018 CERTIFIED COMPANY
Slide 22: Highly Experienced Management Team
HIGHLY EXPERIENCED MANAGEMENT TEAM 21 x Shri Rohit Bajaj Shri Sunil Bajaj Dr. M.K. Sharma Chairman & Managing Director Executive Director Whole Time Director & CEO Shri Lav Bajaj Shri Manish Sharma Shri Rachit Jain Director Chief Financial Officer Company Secretary & Compliance Officer 21 www.bajajn
Slide 23: Annual Financials
22 ANNUAL FINANCIALS 22 www.bajajngp.com AN ISO 9001 : 2015, 14001 : 2015 & 45001 : 2018 CERTIFIED COMPANY
Slide 24: Consolidated Division Wise Revenue
CONSOLIDATED DIVISION WISE REVENUE (Rs Cr) 23 Cotton Processing Machinery Infrastructure Electrical Panels 89 54 82 424 393 358 325 34 290 26 36 24 28 30 19 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 Heavy Engineering Others Plastic Division (^Ventured into the Heavy
Slide 25: Profit & Loss Highlights
PROFIT & LOSS HIGHLIGHTS 24 Particulars (Rs Cr) FY20 FY21 FY22 FY23 FY24 Revenue From Operation 415 511 437 549 551 Other Income 9 10 13 14 16 Total Income 424 521 450 563 567 Cost of Goods Sold 278 308 275 318 327 Gross Profit 146 213 175 245 240 Gross Margin 34.4% 40.8% 38.8% 43.5% 42.3% Employee
Slide 26: Balance Sheet Highlights
BALANCE SHEET HIGHLIGHTS 25 Liabilities (Rs Cr) Mar-21 Mar-22 Mar-23 Mar-24 Sep-24 Assets (Rs Cr) Mar-21 Mar-22 Mar-23 Mar-24 Sep-24 Share Capital 3 3 3 3 3 PPE & Intangible Assets 3 3 3 3 3 Reserves & Surplus 169 204 271 330 353 Capital WIP 169 204 271 330 353 Shareholders' Funds 171 207 274 332 35
Slide 27: Cashflow Highlights
CASHFLOW HIGHLIGHTS 26 Particulars (Rs Cr) FY20 FY21 FY22 FY23 FY24 (A) Net Cash Flow from Operating Activities 40.6 89.4 55.1 26.5 55.3 (B) Net Cash Flow from Investing Activities -20.7 -12.0 -20.2 -52.1 -66.4 (C) Net Cash Flow from Financing Activities -7.7 -18.8 4.1 -21.9 19.0 Net (Decrease)/ Inc
Slide 28: Annexure
27 ANNEXURE 27 www.bajajngp.com AN ISO 9001 : 2015, 14001 : 2015 & 45001 : 2018 CERTIFIED COMPANY
Slide 29: Executed Projects (Cotton Processing Machinery Division)
EXECUTED PROJECTS (COTTON PROCESSING MACHINERY DIVISION) 28 Domestic Ginning Plants Exported Ginning Plants 28 www.bajajngp.com AN ISO 9001 : 2015, 14001 : 2015 & 45001 : 2018 CERTIFIED COMPANY
Slide 30: Executed Projects (Infrastructure Division)
EXECUTED PROJECTS (INFRASTRUCTURE DIVISION) 29 29 www.bajajngp.com AN ISO 9001 : 2015, 14001 : 2015 & 45001 : 2018 CERTIFIED COMPANY
Slide 31: Executed Projects (Electrical Panels)
EXECUTED PROJECTS (ELECTRICAL PANELS) 30 Electrical Panel Supplied for Spinning Mill Electrification work of Spinning Mills Bhagirathi Textile, Nagpur 30 www.bajajngp.com AN ISO 9001 : 2015, 14001 : 2015 & 45001 : 2018 CERTIFIED COMPANY
Slide 32: Executed Projects (Heavy Engineering Division)
EXECUTED PROJECTS (HEAVY ENGINEERING DIVISION) 31 Torreactor drum assembly for Molten Steel transfer Car for steel plants, Primetals Torrefaction plant, TSI USA 31 www.bajajngp.com AN ISO 9001 : 2015, 14001 : 2015 & 45001 : 2018 CERTIFIED COMPANY
Slide 33: Executed Projects (Heavy Engineering Division)
EXECUTED PROJECTS (HEAVY ENGINEERING DIVISION) 32 Passenger Boarding Bridge Biomass Pellet Structures for Pellet Plant Installed at Prayagraj Airport 32 www.bajajngp.com AN ISO 9001 : 2015, 14001 : 2015 & 45001 : 2018 CERTIFIED COMPANY
Slide 34: Executed Projects (Others)
EXECUTED PROJECTS (OTHERS) 33 Telescopic Conveyor for Godrej Consumer Fire Fighting Systems installed at Siyaram Textiles, Amravati Products Limited, Sikkim 33 www.bajajngp.com AN ISO 9001 : 2015, 14001 : 2015 & 45001 : 2018 CERTIFIED COMPANY
Slide 35: Thank You
THANK YOU Bajaj Steel Industries Limited Manish Sharma | sharma.manish@bajajngp.com Rachit Jain| rachit.jain@bajajngp.com Phone: 07104 238101 Stellar IR Advisors Pvt. Ltd. Akhilesh Gandhi, CFA | akhilesh@stellar-ir.com Phone: 022 62398024
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