Sanghvi Movers Limited · NSE:SANGHVIMOV
Sanghvi Movers — FY2019 Earnings Presentation
17 slides from Sanghvi Movers's earnings presentation, May 23, 2019
Slide 1: Sanghvi Movers Limited - Financial Results Updates
SANGHVI MOVERS LIMITED Regd. Office : Survey No. 92 , Tathawade, Pune - 411 033 Tel. : +91-20-66744700 Fax: +91-20-66744724 E-mail : sanghvi@sanghvicranes.com Web : www.sanghvicranes.com CIN No.: L29150PN1989PLC054143 Ill SANGHVI REF: SML/SEC/SE/19-20/20 Date: 23rd May 2019 By Online filing Bombay S
Slide 2: Index
INDEX Sr. Particulars Page Nos. 1 Financial Hi-Lights 2–7 2 Debt Profile 8–9 3 Crane Fleet as on 31-03-2019 10 – 10 4 Details of Revenue, Clients, Position of S. Debtors, Receivable Days etc. 11 – 12 5 Business Outlook 13 – 15 6 Disclaimer 16 – 16 Page | 1
Slide 3: Financial Hi-Lights
SANGHVI Financial Highlights FINANCIAL HI-LIGHTS Page | 2
Slide 4: Summarised Financial Performance
1.0 FINANCIAL HI-LIGHTS 1.1 - Summarised Financial Performance (Rs. in Crores) Sr Particulars FY 2019 FY 2018 % Growth a) Income from Operations 282.40 228.40 24% b) Other Income 12.86 20.05 c) Total Income (a) + (b) 295.26 248.45 d) Total Expenditure (#) 193.11 144.84 e) PBIDT c) – d) 102.16 103.61
Slide 5: Balance Sheet - Assets
Balance Sheet as on (Rs. In Crores) Particulars 31/03/2019 31/03/2018 Audited Audited ASSETS Non Current Assets Property, Plant and Equipments 1107.91 1,237.84 Capital work in progress 0.00 3.86 Investment Property 0.00 15.72 Financial Assets i) Investments 0.00 0.00 ii) Loans 9.86 0.04 iii) Other F
Slide 6: Balance Sheet - Equity and Liabilities
(Rs. In Crores) EQUITY AND LIABILITIES 31/03/2019 31/03/2018 EQUITY Audited Audited SHAREHOLDERS FUNDS Share Capital 8.66 8.66 Reserves & Surplus 724.53 780.30 Total Equity :- 733.18 788.96 NON-CURRENT LIABILITIES Financial Liabilities i) Borrowings 327.54 458.90 ii) Derivative Contract Liabilities
Slide 7: Review of Quarter on Quarter Financial Performance
1.2 - Review of Quarter on Quarter Financial Performance Sr Particulars FY 19 Q4 Q3 Q2 Q1 FY 18 (A) FY19 FY19 FY19 FY19 (A) a) Income from Operations 282.39 86.82 66.48 57.53 71.56 228.40 b) Other Income 12.86 2.22 6.89 3.27 0.48 20.05 c) Total Income (a) + (b) 295.26 89.05 73.37 60.80 72.04 248.45
Slide 8: Capex Done during FY 2018-19
1.3 – Capex Done during FY 2018-19 Company has done Capex of Rs. 19.20 Crores for the purchase of used cranes, trailers, counterweights & other fixed assets as under – Sr Particulars of Assets Purchased Rs. Crs. 1 3 Nos. Used Tyre Mounted Cranes (Above 100 MT)) 11.52 2 Purchase of 22 Nos. Trailers (
Slide 9: Debt Profile as on 31-03-2019
DEBT PROFILE AS ON 31-03-2019 Page | 8
Slide 10: Debt Profile as on 31-03-2019
2.0 DEBT PROFILE AS ON 31-03-2019 2.1 - Break up Borrowing as on 31-03-2019 Sr. Particulars Rs. in Crores 1 Term Loans from various Banks 401.48 2 Working Capital Loan - Cash Credit Limit 24.11 3 Unsecured Loans Deposit from Directors (Sanghvi Family) 20.17 Total Borrowings 445.76 2.2 – Average Cost
Slide 11: Fleet of Cranes as on 31st March 2019
FLEET OF CRANES AS ON 31st March 2019 3.0 FLEET OF CRANES AS ON 31st March 2019 - SML has a fleet of 400 Cranes as on 31st March, 2019. The total amount of Gross Block of Cranes as on 31st March, 2018 was Rs. 2140 Crores. Company has fleet of 252 cranes above 100 MT capacities which constitutes 92%
Slide 12: Details of Revenue, Clients, Position of S. Debtors, Receivable Days etc.
DETAILS OF REVENUE, CLIENTS , POSITION OF S. DEBTORS, RECEIVABLE DAYS ETC. Page | 11
Slide 13: Sector Wise Revenue Break Up and Debtors Analysis
4.0 DETAILS OF REVENUE, CLIENTS , POSITION OF S. DEBTORS, RECEIVABLE DAYS ETC. 4.1 Sector Wise Revenue Break Up The Sector Wise Revenue Break up for FY 2018-19 and FY 2017-18 is as under - Sr Sector FY 2018-19 FY 2017-18 1 Wind Mill Sector 46.00% 54.00% 2 Power Sector 13.00% 14.00% 3 Refinery & Gas
Slide 14: Business Outlook
BUSINESS OUTLOOK Page | 13
Slide 15: Business Outlook
5.0 BUSINESS OUTLOOK :- The company has registered top line growth of 24% in FY 2018-19 as compared to FY 2017-18. The company has achieved an average capacity utilization of 58% in FY 2018-19 as against 41% in FY 2017-18. However, in spite of increase in business volume, the company was not able to
Slide 16: Business Outlook - Clients and Infrastructure Demand
SML has also added new non wind clients in FY 2018-19 more particularly from the sectors like Steel Plant, Cement Plant, Industrial Erections, Hydrocarbon, Petro-chemicals and refineries. Currently, SML is working with all business verticals of Larsen & Toubro Limited. Several PSU owned refineries l
Slide 17: Disclaimer
Disclaimer: This presentation contains certain forward looking statements concerning Sanghvi Movers Limited’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looki