Hpl Electric & Power Limited · NSE:HPL
Hpl Electric & Power — Q1 FY19 Earnings Presentation
30 slides from Hpl Electric & Power's earnings presentation, Aug 2, 2018
Slide 1: Regulation 30 disclosure cover letter to exchanges
2nd August, 2018 The Manager, BSE Limited Listing Department, 25th Floor, New Trading Ring, Rotunda National Stock Exchange of India Ltd. Building, Phiroze Jeejeebhoy Towers, “Exchange Plaza”, C-1, Block G, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai – 400 051 Symbo
Slide 2: HPL Electric & Power Limited Q1 FY19 Results Update
THE POWER OF TECHNOLOGY HPL ELECTRIC & POWER LIMITED Q1 FY19 RESULTS UPDATE AUGUST 2018
Slide 3: Disclaimer
DISCLAIMER This presentation and the following discussion may contain “forward looking statements” by HPL Electric & Power Limited (“HPL” or the Company) that are not historical in nature. These forward looking statements, which may include statements relating to future results of operations, financ
Slide 4: Quarterly Update
QUARTERLY COMPANY INDUSTRY SHAREHOLDING UPDATE OVERVIEW OUTLOOK STRUCTURE 3
Slide 5: Q1 FY19 Result Highlights
Q1 FY19 RESULT HIGHLIGHTS In Rs Crore NET REVENUES * & GROSS MARGIN EBITDA & EBITDA MARGIN PAT & PAT MARGIN 34.7% 34.4% 10.6% 10.5% 2.4% 2.2% 260.0 221.3 27.3 5.6 5.3 23.5 18 % 16 % 7% Q1 FY18 Q1 FY19 Q1 FY18 Q1 FY19 Q1 FY18 Q1 FY19 • Revenues increased by 18% YoY driven by growth across all four bu
Slide 6: Segment Analysis
Q1 FY19 RESULT HIGHLIGHTS SEGMENT ANALYSIS In Rs Crore REVENUE ANALYSIS • Metering revenues grew by 3% YoY – 260.0 % Share Q1 FY18 Q1 FY19 • Delivery schedule of meter expected to go up in 221.3 Project Revenue 0.3% 0.1% 40.8 Q2 & Q3. 37.1 41.7 Wires & Cables 16.8% 15.7% • Metering margin remained a
Slide 7: Robust Order Book & Outlook
Q1 FY19 RESULT HIGHLIGHTS ROBUST ORDER BOOK & OUTLOOK ORDER BOOK- net of GST (RS CR ) 502.7 4.2 450.5 11.6 30.3 6.4 • Metering order book witnessed sustained addition of 20 19.9 new orders worth Rs 191.4 cr ( Net of GST ) between 20th May and 31st July. • Company received Rs 75.25 cr worth order fro
Slide 8: Consolidated Profit & Loss Statement
Q1 FY19 RESULTS CONSOLIDATED PROFIT & LOSS STATEMENT Particulars (in Rs. Cr.) Q1 FY19 Q1 FY18 YoY% FY18 Net Revenue from Operations (Net of Excise Duty) 260.0 221.3 17.5% 1,036.3 COGS 170.5 144.4 18.1% 682.7 Gross Profit 89.5 76.9 16.4% 353.7 Gross Margin (%) 34.4% 34.7% -32 bps 34.1% Employee Expen
Slide 9: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Particulars (In Rs Cr) FY18 FY17 Particulars (In Rs Cr) FY18 FY17 Equities & Liabilities Assets Shareholder's Funds 703.9 688.1 Non-Current Assets 498.7 449.0 Equity share capital 64.3 64.3 Property, Plant & Equipment 402.7 375.0 Other Equity 639.6 623.8 Intangible Assets
Slide 10: Key Product Updates
Q1 FY19 BUSINESS UPDATES KEY PRODUCT UPDATES HPL Smart Meter is now BIS certified New Product Brand Integration on consumer product packaging Launches HPL is one of the two companies in Phoenix Curve India which has recently received LED Batten BIS certifications for its smart meters Spark Panel 9
Slide 11: Marketing Campaigns & Activations
Q1 FY19 BUSINESS UPDATES MARKETING CAMPAIGNS & ACTIVATIONS 10
Slide 12: Marketing Campaigns & Activations
Q1 FY19 BUSINESS UPDATES MARKETING CAMPAIGNS & ACTIVATIONS 11
Slide 13: Marketing Campaigns & Activations
Q1 FY19 BUSINESS UPDATES MARKETING CAMPAIGNS & ACTIVATIONS 12
Slide 14: Channel Connect and Dealer Meets
Q1 FY19 BUSINESS UPDATES CHANNEL CONNECT AND DEALER MEETS Dealers Meet in Guwahati Mr. Lalit Seth (CMD) addressing the dealers at Kolkata Award Distribution by Mr. Gautam Seth (JMD) Dealers Meet in Ludhiana 13
Slide 15: Retailers Plant Visit & Engagement
Q1 FY19 BUSINESS UPDATES RETAILERS PLANT VISIT & ENGAGEMENT Training and ground level product strategy for quick shelf movement of products 14
Slide 16: International Exhibitions & Retailers Meet
Q1 FY19 BUSINESS UPDATES INTERNATIONAL EXHIBITIONS & RETAILERS MEET 15
Slide 17: Company Overview
QUARTERLY COMPANY INDUSTRY SHAREHOLDING UPDATE OVERVIEW OUTLOOK STRUCTURE 16
Slide 18: Company Overview: Brief Profile
COMPANY OVERVIEW BRIEF PROFILE • HPL is an established electric equipment manufacturer in India - market leader in electricity energy meters (20% mkt. share) & on-load change-over switches (50% mkt. share), 5th largest LED manufacturer, 5% mkt. share in LV switchgears BUSINESS • 40+ year old establi
Slide 19: Wide-Ranging Product Portfolio
COMPANY OVERVIEW WIDE-RANGING PRODUCT PORTFOLIO Metering Solutions Switchgears Lighting Equipment Wires and Cables Smart Meter Industrial Applications Consumer LED Products Fire Resistant ACB MCCB Changeover Switch Aries LED LED Glow 9W Cables Net Meter Co-axial Cables Domestic Applications Commerci
Slide 20: Strong R&D Thrust – Continuous Technology Upgradation
COMPANY OVERVIEW STRONG R&D THRUST – CONTINUOUS TECHNOLOGY UPGRADATION FOCUS ON CONTINUOUS R&D TO LAUNCH AND MARKET EXCITING NEW INNOVATIVE PRODUCTS LOADED WITH IMPROVED FEATURES, ENERGY EFFICIENCY, AUTOMATION AND COMMUNICATION Metering Solutions Switchgears Solar Net Meter Solar AC Solar DC Distrib
Slide 21: State of Art Manufacturing Facilities
COMPANY OVERVIEW STATE OF ART MANUFACTURING FACILITIES 8 ROBUST MANUFACTURING FACILITIES ACROSS NORTH INDIA • State of art manufacturing capabilities including design and product development, component designing, tool making and commercial production • Capabilities to manufacture customized products
Slide 22: State of Art Manufacturing Facilities
COMPANY OVERVIEW STATE OF ART MANUFACTURING FACILITIES GURGAON JABLI GUWAHATI Facility I: Facility I: • Products: MCBs, distribution boards • Products: Switchgears, Circuit and panels, MCB isolators, MCB Breakers, Fans, Wiring Accessories, Electronic Energy changeover switches, earth leakage Meters
Slide 23: State of Art Manufacturing Facilities
COMPANY OVERVIEW STATE OF ART MANUFACTURING FACILITIES KUNDLI SONEPAT GHARAUNDA • Products: Switchgears and parts of • Products: Lighting equipment • Products: Wires and Cables electronic energy meters and parts of • Capacity: 26 Million Units • Capacity: 194.4 Mn meters lighting equipment • Capacit
Slide 24: Established Pan-India Distribution Network & Brand Presence
COMPANY OVERVIEW ESTABLISHED PAN-INDIA DISTRIBUTION NETWORK & BRAND PRESENCE Head Office Branch Office ESTABLISHED PAN-INDIA DISTRIBUTION NETWORK & BRAND PRESENCE Works TO CAPTURE SIGNIFICANT GROWTH POTENTIAL IN ELECTRICAL EQUIPMENT INDUSTRY 90+ Branch Offices 21 Warehouses across India 2,000+ Autho
Slide 25: Extensive Experience, Established Relationships, Strong Pre-Qualification Credentials
COMPANY OVERVIEW EXTENSIVE EXPERIENCE, ESTABLISHED RELATIONSHIPS, STRONG PRE-QUALIFICATION CREDENTIALS STRONG EXECUTION, ESTABLISHED RELATIONSHIPS AND STRONG PRE-QUALIFICATION CREDENTIALS MAKE HPL A PREFERRED SUPPLIER OF THE SPECIALISED ELECTRICAL EQUIPMENTS EXTENSIVE EXPERIENCE ESTABLISHED RELATION
Slide 26: Industry Outlook
QUARTERLY COMPANY INDUSTRY SHAREHOLDING UPDATE OVERVIEW OUTLOOK STRUCTURE 25
Slide 27: Industry Outlook – Positive Regulatory Policies
BUSINESS STRATEGY & OUTLOOK INDUSTRY OUTLOOK – POSITIVE REGULATORY POLICIES THE ELECTRIC EQUIPMENT INDUSTRY IS EXPECTED TO GROW AT A CAGR OF 8% - 12% OVER 2016 – 2020 HPL CAN EFFECTIVELY LEVERAGE ITS STRONG R&D & MANUFACTURING CAPABILITIES AND LONG STANDING RELATIONSHIPS WITH GOVERNMENT AGENCIES, PO
Slide 28: Shareholding Structure
QUARTERLY COMPANY INDUSTRY SHAREHOLDING UPDATE OVERVIEW OUTLOOK STRUCTURE 27
Slide 29: Shareholding Structure
SHAREHOLDING STRUCTURE (to be updated tomorrow) SHARE PRICE PERFORMANCE MARKET DATA AS ON 1ST AUGUST 2018 Market Capitalization (Rs Cr) 526.3 180 150 Price (Rs) 81.8 120 90 No. of Shares Outstanding (Cr) 6.4 60 30 Face Value (Rs) 10.0 0 52 Week Low-High (Rs) 65.2 / 165.0 Aug-17 Oct-17 Dec-17 Feb-18
Slide 30: Contact details
Mr. Gautam Seth Mr. Nilesh Dalvi / Mr. Arun Prakash Joint Managing Director IR Consultant Email: gautamseth@hplindia.com Email: nilesh.dalvi@dickensonir.com / arun.prakash@dickensonir.com Contact no: +91 9819289131 / 7506933892 29