Bharat Wire Ropes Ltd. · NSE:BHARATWIRE
Bharat Wire Ropes — Q3 FY2023 Earnings Presentation
18 slides from Bharat Wire Ropes's earnings presentation, Jan 30, 2023
Slide 1: Regulation 30 Earnings Presentation cover letter
Ref.: BWRL/2022-23/SE/Misc./32 Date: 30th January, 2023 To, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400 051. Mumbai – 400 001. NSE Symbol: BHARATWIRE BSE Scrip Code: 539799 Dea
Slide 2: Earnings Presentation Q3/9M-FY23
E A R N I N G S P R E S E N T A T I O N | Q 3 / 9 M - F Y 2 3 1
Slide 3: Company Snapshot
Company Snapshot One of the largest manufacturer of Manufacturing capability of Steel Wires, Steel Wire Ropes in India Strands, Slings and Wire Ropes with over thousands of varieties Management with combined Integrated state-of-the-art wire rope plants experience of over three decades with a Total M
Slide 4: Company Overview
Company Overview
Slide 5: Company Overview
Company Overview • Bharat Wire Ropes Limited (“BWR”) was originally incorporated in the year 1986, and later in 2010, it Revenues (INR Mn) and EBITDA Margins (%) was acquired by Mr. M L Mittal, current promoter and managing director. The company is headquartered in Mumbai, Maharashtra. 4,107 4,267 •
Slide 6: Exporting to 50+ countries across the Globe
Exporting to 50+ countries across the Globe Europe Finland Denmark Estonia Canada Poland UK Germany Ukraine Netherland Belgium Bulgaria North America Italy USA Turkey Azerbaijan Spain Nepal Kuwait Egypt Qatar Bangladesh Saudi UAE Asia Oman India Thailand Arabia Africa Singapore Uganda Indonesia Peru
Slide 7: Product Mix
Product Mix Wire Ropes Strands Slings Steel Wire 6-90 MM of various Mechanically Spliced, Hand High carbon steel wires Description Stay Wire, Structural construction like 6*19, Spliced, Spelter Sockets and ranging from 0.3mm to 5.5 6*36, 8*19, 35*7 etc. Strands and Earth Wire mm upto 2,360 N/mm^2 Sw
Slide 8: Applications
Applications Oil & Gas Cranes Mining Offshore Marine Elevator Structural Ship Mooring Roof Structure Ropes Industrial Cranes Speed Arresters Transmission Tower Industrial Cranes Offshore Cranes Suspension Bridge Ropes Elevator Ropes Dragline Drag & Hoist Trawl Warps Mobile Lattice Boom Cranes 7
Slide 9: Financial Overview
Financial Overview
Slide 10: Q3/9M-FY23 Key Financial & Operational Highlights
Q3/9M-FY23 Key Financial & Operational Highlights Q4-FY21 Q3-FY23Financial FinancialPerformance Performance Operational Highlights: Revenue from Operations EBITDA EBITDA Margins INR 1,443 Mn INR 367 Mn 25.43 % • Revenue growth was driven by 13% increase in volumes and +39% YoY +143% YoY +1,085 Bps b
Slide 11: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q3-FY23 Q3-FY22 Y-o-Y Q2-FY23 Q-o-Q Revenue from Operations 1,443 1,036 39.3% 1,497 (3.6)% Total Expenses 1,076 885 21.6% 1,185 (9.2)% EBIDTA 367 151 NA 312 17.6% EBIDTA Margins (%) 25.43% 14.58% NA 20.84% 459 Bps Depreciation and amortisation exp
Slide 12: 9M-FY23 Financial Performance
9M-FY23 Financial Performance Particulars (INR Mn) 9M-FY23 9M-FY22 Y-o-Y Revenue from Operations 4,267 2,762 54.5% Total Expenses 3,337 2,351 41.9% EBIDTA 930 411 NA EBIDTA Margins (%) 21.80% 14.88% 692 Bps Depreciation and amortisation expenses 154 162 (4.9)% Finance costs 160 172 (7.0)% Other Inco
Slide 13: Historical Income Statement
Historical Income Statement Particulars (INR Mn) 9M-FY23 FY22 FY21 FY20 Revenue from Operations 4,267 4,107 2,502 2,577 Total Expenses 3,337 3,485 2,177 2,287 EBIDTA 930 622 325 290 EBIDTA Margins (%) 21.80% 15.14% 12.99% 11.25% Depreciation and amortisation expenses 154 214 217 218 Finance costs 16
Slide 14: Historical Balance Sheet
Historical Balance Sheet Particulars (INR Mn) H1-FY23 FY22 FY21 Particulars (INR Mn) H1-FY23 FY22 FY21 Equity 4,807 4,517 4,351 Non-Current Assets 5,423 5,583 5,784 (a) Equity Share Capital 644 638 626 (a) Property, Plant and Equipment 4,816 4,915 5,126 (b) Other Equity 4,163 3,879 3,725 (b) Capital
Slide 15: Financial Highlights
Financial Highlights Operational Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margins (%) 463 930 4,267 10.85% 4,107 137 622 3.34% 2,577 2,502 21.80% FY20 FY21 FY22 9M-FY23 325 -6.71% 290 -168 15.14% 12.99% 11.25% -23.67% -610 FY20 FY21 FY22 9M-FY23 FY20 FY21 FY22 9M-FY23
Slide 16: Capital Market Data
Capital Market Data 150% Stock Price (Upto 31st December, 2022) 130% 110% 90% 70% 50% 30% 10% -10% -30% -50% Jan/2022 Feb/2022 Mar/2022 Apr/2022 May/2022 Jun/2022 Jul/2022 Aug/2022 Sep/2022 Oct/2022 Nov/2022 Dec/2022 BWR NSE Price Data (As on 31st December, 2022) INR Shareholding Pattern (As on 31st
Slide 17: Disclaimer
Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the d
Slide 18: Thank You
Thank You