Macpower Cnc Machines Limited · NSE:MACPOWER
Macpower Cnc Machines — Investor Presentation (July 2019)
35 slides from Macpower Cnc Machines's investor presentation, Jul 12, 2019
Slide 1: Cover letter to NSE: Investor Presentation June 2019
CIN No.: L30009GJ2003PL.C043419 | MSME PART-II No.: 24-009-12-01046 MACPOWER CNC MACHINES LIMITED Converted from MACPOWER CNC MACHINES PRIVATE LIMITED to MACPOWER CNC MACHINES LIMITED (W.E.F. 16th NOVEMBER, 2017) Macpower July 12, 2019 To, Listing Compliance Department, National Stock Exchange of In
Slide 2: Investor Presentation June 2019
INVESTOR PRESENTATION June 2019
Slide 3: Executive Summary
EXECUTIVE SUMMARY Company Overview: Financials FY19 ▸ Macpower CNC Machines Ltd. (Macpower), Total Revenue incorporated in 2003, has more than one decade of INR 1,432 Mn experience in competitive manufacturing solutions. 31% 3 Year CAGR ▸ It has become India's fastest growing CNC Machines EBITDA Man
Slide 4: Company Overview
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Slide 5: Company Overview
COMPANY OVERVIEW Total Income (INR Mn) and EBITDA Margins (%) ▸ Incorporated in 2003, Macpower CNC Machines Limited (Macpower) has a vision to provide the best possible solution in CNC machine industry thereby 1,432 unleashing value for end users. 13.62% 1,075 ▸ Led by highly experienced promoters a
Slide 6: Key Managerial Personnel
KEY MANAGERIAL PERSONNEL Rupesh Mehta, Promoter, Chairman & Managing Director Riya Mehta, Director ▸ Has more than 25 years of experience in the Machine Tool ▸ Has been on the Board of the Company since 1st April, 2004. Industry, out of which 15 years of experience in Macpower as a ▸ Associated with
Slide 7: Key Milestones
KEY MILESTONES Developed Launched multi- Introduction of high-end Incorporation models with USP tasking machines machines like HMC & Listed on NSE of the company advantages in EMO - Germany Robotic Automation Emerge 2003 2007 2013 2015 2018 2005 2011 2014 2017 Partial In-house Covered maximum Commen
Slide 8: Geographical Presence
» GEOGRAPHICAL PRESENCE @ CORPORATE OFFICE nf PRODUCTION UNIT WW SALES & SERVICE TH TECH. CENTER © BRANCH OFFICE
Slide 9: Manufacturing Facilities
MANUFACTURING FACILITIES ▸ More than 150,000 Sq. Ft. of enclosed land area ▸ In-house manufacturing capacity for all heavy structural / critical components Corporate Office Final Assembly Shop ▸ Precision Double Column Machining facility ▸ Precision HMC, VMC & CNC Machining cell facilities ▸ In-hous
Slide 10: Tech Centers
TECH CENTERS ▸ It houses live demo of Macpower's CNC Machines. ▸ It is one-stop-solution for getting all the information Ahmedabad Pune required regarding machines, tooling, fixture options, part development, machine applications and training & Prove outs. ▸ To achieve this objective, these Centers
Slide 11: Research and Development
RESEARCH AND DEVELOPMENT ▸ R&D Department is the backbone of any manufacturing activity and therefore Macpower believes in investing in R&D for product innovation. ▸ The Company has an in-house Research and Development Center establishment with a team of highly qualified 15 experienced design engine
Slide 12: Awards and Certification
AWARDS AND CERTIFICATION FIE Foundation Award at IMTEX 2017 for Twin FIE Foundation Award at IMTEX 2015 for Turn Head VMC Mill Centre with Y Axis and sub Spindle MSE – 1 Highest Financial Strength in SME FIE Foundation Award at IMTEX 2013 for Segment certified by CRISIL. designing excellence Model T
Slide 13: Key Strengths
KEY STRENGTHS 1 Experienced Promoters and Management Team 8 2 First Generation Entrepreneurs Entry Barrier Diversified Customer Base Personal Approach and Flat Hierarchy As the industry is highly technological driven, entry Large range of Domestic and International Customers of new entrepreneurs is
Slide 14: Key Customers
KEY CUSTOMERS AUTOMOBILE SECTOR GENERAL ENGINEERING SECTOR Supreme Kalyani Forge Varroc Seinumero Kanemitsu Graphite Nirlep Eneroil JPan Industrial Nirman India Offshore Tubular Works SSB Engineers Chemtron Cease Kone Parshuram Hiflex TRW Fuji Serina, Science Fire Cranes Technocraft Hydraulics Thail
Slide 15: Business Overview
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Slide 16: Product Profile
PRODUCT PROFILE Machine Turning Centre Vertical Machining Centre Turn Mill Centre Bearing, Valve, Pump industry, Tool Special purpose components, Tool room, Die and Mould, room, Automobile, Process plant Aeronautics Components, Defence, Applications Automobile Components, Pattern components, Agricul
Slide 17: Product Profile
PRODUCT PROFILE Machine Vertical Turret Lathe Horizontal Machining Centre Drill Tap Centre Automobile Components, Die and Electronics Components, Small Valve body, Motor body, Engine liner mould, Defence Parts, Aeronautics Applications Automobile Components and Textile and Railways Components, Texti
Slide 18: Product Profile
PRODUCT PROFILE Machine Twin Spindle Cylindrical Grinder Multi-tasking Machine Special purpose components, Precision Aeronautics Components, Automobile Components & Textile Applications Agriculture Components and Railway Precision Defence Components and Components Components Precision Medical Compon
Slide 19: Prime Exhibitions
PRIME EXHIBITIONS DIE MOULD 2018 - MUMBAI ENGIMACH 2017 - AHMEDABAD IMTEX 2017 - BANGALORE PMTS 2016 - PUNE EMO 2013 – GERMANY MAKTEK EURASIA 2012 - ISTANBUL (TURKEY) 18
Slide 20: Order Flow Process (for Special Purpose Machine)
ORDER FLOW PROCESS (FOR SPECIAL PURPOSE MACHINE) Production Plan and Design Calibration of Testing Depending on the order, the design of the Instruments Assembly Processing of Raw Dispatch machine is prepared and The gauges and The components verified with the Material measuring instruments produced
Slide 21: Manufacturing Process
MANUFACTURING PROCESS 01 02 03 04 05 Fitting of Cable Carrier, X‐Z‐Spindle X‐ Z bracket reading BED receive from Final Assembly System Fitting Motor, Power Pack, Cylinder, check? It Should be in Pre-Assembly Encoder, Pulley, Turret & Disc 10 Micron. OK 09 08 07 06 Application ‐ Rough Trial – Laser O
Slide 22: Order Book (As on 31 May, 2019)
ORDER BOOK (As on 31 May, 2019) st Value Order Book Domestic Description No. of Units (INR Mn) Value Products No. of Units (INR Mn) Pending Order/ 425 756/40 Advance (Private) Turning Centre 333 502 Govt. Supplied 179 801 Vertical Turning Lathe 1 7 L1/Order Recd. (For FY19) 6 43 Vertical Machining C
Slide 23: Strategic Overview
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Slide 24: New Plant Details
NEW FACILITY PLANT DETAILS ▸ Modern assembly shop with precision equipment ▸ Assembly capacity of additional 400 machines per year [existing capacity 800 machines per year]. Hence, total capacity of plant PAINT NEW POWDER COATING EXISTING MACHINE SHOP would be 1,200 machines per year. SHOP PLANT ▸ M
Slide 25: Future Growth Strategy
FUTURE GROWTH STRATEGY Set Up Facility for In-house Machining ▸ The Company is planning for integrated operation of its products by in-house machine shop and has commenced its sheet metal manufacturing facility. ▸ The management believes that the integrated operations will reduce its dependence on t
Slide 26: Industry Overview
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Slide 27: Indian Machine Tools Industry
INDIAN MACHINE TOOLS INDUSTRY Indian Machine Tools Industry (INR Cr) 11724 9122 8157 6562 5194 5454 ▸ The Indian Machine tool Industry has around 1,000 units in the 4225 4207 4213 production of machine tools, accessories/attachments, subsystems and parts. Of these, around 25 in the large scale secto
Slide 28: Manufacturing Sector in India
MANUFACTURING SECTOR IN INDIA ▸ Under the ‘Make in India’ New Industrial Policy, 2015 and Assistance to Micro, Small and initiative, the Government of Medium Enterprise (MSME) India aims to increase the share ▸ Capital Investment Subsidy of the manufacturing sector for the gross domestic product ▸ I
Slide 29: Financial Overview
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Slide 30: Historical Income Statement
HISTORICAL INCOME STATEMENT PARTICULARS (INR Mn) FY16 FY17 FY18 FY19 Total Income* 642 696 1,075 1,432 Total Expenses 619 677 956 1,237 EBITDA 23 19 119 195 EBITDA Margin 3.47% 2.73% 11.07% 13.62% Finance Cost 7 3 2 2 Depreciation 13 7 10 12 PBT 3 9 107 181 Tax (3) 2 37 54 PAT 6 7 70 127 PAT Margin
Slide 31: Balance Sheet
BALANCE SHEET EQUITY AND LIABILITIES (INR Mn) FY18 FY19 ASSETS (INR Mn) FY18 FY19 1) SHARE HOLDERS' FUND 1) NON CURRENT ASSETS Share Capital 98 98 Fixed Assets Reserves and Surplus 435 558 Tangible Assets 44 58 Total 533 656 Intangible Assets 1 1 Capital Work-in-progress 1 55 2) NON CURRENT LIABILIT
Slide 32: Financial Highlights
FINANCIAL HIGHLIGHTS Total Revenue* (INR Mn) EBITDA (INR Mn) and EBITDA Margins PAT (INR Mn) and PAT Margins (%) 127 13.62% 1,432 195 8.87% 11.07% 1,075 6.51% 696 119 70 2.73% 7 19 1.01% FY17 FY18 FY19 FY17 FY18 FY19 FY17 FY18 FY19 EPS (INR) RoE (%) and RoCE (%) Debt-Equity (x) ROE 15.68 ROCE 12.89
Slide 33: Market Data
MARKET DATA Share Price Performance as on (31st March, 2019) Macpower Nifty 50 100% 80% 60% 40% 20% 0% -20% -40% Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Shareholding Pattern (As on 31st March, 2019 ) Price Data (As on 31st March, 2019) FII CMP 153.0 2.94%
Slide 34: 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 35: Thank You
THANK YOU
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