Ptc Industries Ltd · NSE:PTCIL
Ptc Industries — Q4 FY2024 Earnings Presentation
33 slides from Ptc Industries's earnings presentation, May 28, 2024
Slide 1: PTC Industries Limited Investor Presentation Q4 & FY24
PTC Industries Limited TO WA R D S PA R I T Y INVESTOR PRESENTATION Q4 & FY24 - 28 May 2024 1
Slide 2: Safe Harbour
Safe Harbour • This presentation and the following discussion may contain “forward looking statements” by PTC Industries Limited (“PTC” or the Company) that are not historical in nature. These forward- looking statements, which may include statements relating to future results of operations, financi
Slide 3: Company Overview
Company Overview For the detailed Investor Presentation, please visit the Link below PTCIL Investor Presentation June 2023 © 2024 ptcil.com 3
Slide 4: Knowledge, Quality, Towards Parity
Towards Parity श्रे यो हि वृणीते प्रेयो वृणीते श्रे यो हि धीरोऽभिप्रेयसो वृणीते॥ – Taittiriya Upanishad Indeed, the wise one chooses the good (Shreyas) over the easy (Preyas). The intelligent one chooses the good, but the undiscerning one chooses the easy. Therefore, It Is Our Dharma To Work Towards
Slide 5: The Technology Pyramid
The Technology Pyramid Platforms & Equipment Design & Engineering Technology Assembly | Integration Systems & & Testing Technology Products Core Manufacturing Technology Components Processed Critical Materials Processing Technology Materials © 2024 ptcil.com 5
Slide 6: Platform Independent Core Manufacturing Technologies
Platform Independent Core Manufacturing Technologies Established Capabilities to Cater Civil Aviation Air Defence Land Defence Naval Defence to entire Spectrum Torque tubes Airframe Structures Suspension arms Pump components of A&D Sector airframe structural Intermediate casings Muzzle Brakes valves
Slide 7: Journey Towards Building PTC - Innovations & Technological Capabilities
Journey Towards Building PTC - Innovations & Technological Capabilities India’s 1st Technology Building Customers Technological Being & Innovation Focused Foundry & Going Global Evolution Future Ready 1963-1980 1980-2000 2000-2010 2010-2024 Establishment of a Established Global Footprint Developed i
Slide 8: Our team: Strong pillars for the Company
Our team: Strong pillars for the Company MBA in Operations - Industry Responsible for University of Tulsa, Experience new technologies Oklahoma & M. Sc in of 25+ years & continuous Sachin Agarwal Finance - Boston R&D efforts Chairman & MD College, Massachusetts Mr. Priya Ranjan Agarwal Mr. Alok Agar
Slide 9: Our Core Values
ASPIRE Our Core Values Our values define who we are, how we operate, and where we're headed. Our values are defined by the word ASPIRE, which stands for : Agility Sustainability Passion Integrity Respect Endurance responding and taking responsibility for inspiring others with own being known for hon
Slide 10: Certification
Certification Safran Aircraft AS/EN 9100 Engines Approval & Approved Long-Term Purchase since 2021 Agreement MoU and ATL Is an Approved Long-Term Purchase Supplier to Honeywell Agreement with after completion of Dassault Aviation NSI Audit and Compliance ATL is an Approved ATL is an Approved Supplie
Slide 11: Our recognitions and achievements
Our recognitions and achievements Long Term Purchase Agreement with SAFRAN AIRCRAFT ENGINES Long Term Purchase Agreement with DASSAULT AVIATION Aerolloy exhibited at Paris Air Raksha Mantri’s Show 2023 Award at #DefExpo2022 © 2024 ptcil.com 11
Slide 12: Our focus on Human Resource Development
Our focus on Human Resource Development Training and Competency Development Framework. This relates to ability to manage job and develop LEADERSHIP interaction with the other Create COMPETENCY persons. For example- (L4) Problem solving. Evaluate JOB/ (L4) This relates to functional TECHNICAL capacit
Slide 13: Current & Future Renewable Energy Sources
Current & Future Renewable Energy Sources CURRENT PTC Industries and Aerolloy is committed to comply to Carbon footprint reduction and GHG protocols, in accordance with International standards, meeting the Paris Agreement targets 750kW Roof Top Solar (AMTC) 750kW Wind Turbine (Mehsana) FUTURE 10-12M
Slide 14: Roadmap for Carbon Footprint
Roadmap for Carbon Footprint © 2024 ptcil.com 14
Slide 15: PTC & Aerolloy Technology Verticals
PTC & Aerolloy Technology Verticals Controlled Air Melt Machining & Titanium Super Alloy Forging & Titanium Super Microstructu Castings Assembly Castings Castings Rolling Mill Alloy Mill Alloy Mill re Replicast, CNC 5-Axis Open Die VAR, Investment Investment Investment Forging; Masteralloy Rapidcast
Slide 16: Technology – Rapidcast, Replicast, Investment Casting
Technology – Rapidcast, Replicast, Investment Casting Quality – Value – Speed Near net shape casting solutions Lost Wax Process for high-quality up to 5,000 kgs single piece using ceramic shells with weight high-integrity castings with ceramic range up to 2,500 kg shelling in small sizes and larger
Slide 17: Technology – Ti Cast, Controlled Microstructure, ForgeCast
Technology – Ti Cast, Controlled Microstructure, ForgeCast Controlled Hot Isostatic Micro-Structure Press (HIP) Vacuum melt casting Microstructure controlled Where castings and Used to eliminate pores of Reactive alloys castings (Single Crystals and forgings converge in metal components Directionall
Slide 18: New Aerospace Castings Facility
New Aerospace Castings Facility DIC Campus – Aerospace Castings New Aerospace Castings facility of 15,000 sqm at the new 50 Acre land in the Lucknow Node of the UP Defence Industrial Corridor © 2024 ptcil.com 18
Slide 19: Aerospace Castings Group – Future Capability & Additions
Aerospace Castings Group – Future Capability & Additions 3D Printed Wax Injection Press: Robotic Shelling System: Dewaxing AutoClave: Flashfire Furnace: (SLA) Pattern: : 1) 6 Tonne, 1000 cc, Make: VA Tech; 1 Robot System; 1200 mm (dia) X 1000X1000X1200 mm 600X600X500 mm 350X350X350 mm; Max Shell Dim
Slide 20: Aerospace Materials Group
AEROSPACE MATERIALS GROUP UPDIC Campus – Aerospace Materials Mill Future Capability & Additions Titanium and Super Alloy Mill – Ingots, Billets, Rods, Bars, Slabs, Plates © 2024 ptcil.com 20
Slide 21: New Aerospace Materials Mill
New Aerospace Materials Mill Acquired - Electron Beam Cold Hearth Remelting (EBCHR) furnace and Vacuum Arc Remelter (VAR) through its wholly owned subsidiary “Aerolloy Technologies Limited (ATL)” Manufacturing Titainum Manufacture Ti Ingots from Recent Supply (Ti) Ingots Recycled / Scrap Titanium Ca
Slide 22: Technology – Titanium & Super Alloy material manufacturing
Technology – Titanium & Super Alloy material manufacturing Vacuum Arc Electron Beam Cold Hearth Plasma Arc Cold Vacuum Induction Remelter (VAR) Remelting (EBCHR) Hearth Melting (PAM) Melting (VIM) This process is of great A secondary melting process for Used for melting and remelting of A primary me
Slide 23: Metals Recycling
Metals Recycling Shows that GreenTitanium will avoid 26.4 tonnes CO2 per tonne of Titanium produced by recycling compared to traditional methods. The volume of emissions avoided is expected to increase in the future as operations reach their nominal production rate. Using this benchmark at full capa
Slide 24: Sustainability
Sustainability Ingots Vaccum Arc Remelting VAR Hot Isostatic Pressing (HIP) & Vaccum Heat Treatment CNC Machining Pattern Robotic Shelling Making ATL TITANIUM MILL Quality & Testings Forging Design & bars / Slabs Simulation Processing:Billets, Bars, Tubes, Rods, Sheets, Blooms… ATL FORGING MILL & &
Slide 25: Q4 & FY24: Result Highlights
Q4 & FY24: Result Highlights © 2024 ptcil.com 25
Slide 26: FY24 Consolidated Highlights
FY24 Consolidated Highlights In Rs Crores Total Income EBITDA PAT EBITDA EBITDA Margin (%) PAT PAT Margin (%) 19.2% 30.1% 63.5% YoY YoY YoY 270.3 10 0 86.0 32 . 0% 45 42.2 20 . 0% 90 31 .5 0% 18 . 0% 40 66.1 80 31 . 0% 31.8% 16 . 0% 35 25.8 70 15.6% 30 .5 0% 14 . 0% 30 60 12 . 0% 30 . 0% 25 226.7 50
Slide 27: Q4 FY24 Consolidated Highlights
Q4 FY24 Consolidated Highlights In Rs Crores Total Income EBITDA PAT EBITDA EBITDA Margin (%) PAT PAT Margin (%) 22.0% 37.0% 59.9% YoY YoY YoY 76.5 40 35 . 0% 30 20 . 0% 35 62.7 34 . 0% 18 . 0% 26.0 25 16 . 0% 30 33 . 0% 14 . 0% 18.9 20 14.7 25 20 33.9% 32 . 0% 12 . 0% 15 10 . 0% 9.2 31 . 0% 19.2% 1
Slide 28: Q4 & FY24 Consolidated Highlights
Q4 & FY24 Consolidated Highlights Particulars INR Crores Q4FY24 Q4FY23 ▲YoY FY24 FY23 ▲YoY Total Income 76.5 62.7 22.0% 270.3 226.7 19.2% EBITDA 25.9 18.9 37.0% 86.0 66.1 30.1% EBITDA Margin% 33.9% 30.2% 370 bps 31.8% 29.2% 268 bps Profit Before Tax 18.4 11.4 61.4% 54.1 33.7 60.5% Profit After Tax 1
Slide 29: Management Remarks
Management Remarks Mr. Sachin Agarwal, Chairman & Managing Director: : “We are proud to announce our strong financial results for FY24, which highlight our commitment towards sustainable and consistent growth. Our dedication to excellence is evident in our focus towards sustainable manufacturing and
Slide 30: Key Financial Trends
Key Financial Trends Total Income EBITDA 270.3 86.0 226.7 185.2 66.1 175.3 168.5 155.5 48.4 35.5 40.1 28.4 FY19 FY20 FY21 FY22 FY23 FY24 FY19 FY20 FY21 FY22 FY23 FY24 PAT EBITDA Margin % 42.2 31.8% 29.2% 26.1% 23.8% 25.8 20.2% 18.2% 10.9 10.5 12.8 4.4 FY19 FY20 FY21 FY22 FY23 FY24 FY19 FY20 FY21 FY2
Slide 31: Accounting Ratios
Accounting Ratios As at As at As at As at As at Profitability Ratios Particulars March 31, March 31, March 31, March 31, March 31, 2020 2021 2022 2023 2024 35% Profitability Ratios 30% EBITDA Margin 20.3% 23.8% 26.1% 29.2% 31.8% 25% Operating Profit 15.0% 15.8% 18.9% 23.0% 27.0% Margin [EBIT] 20% PB
Slide 32: Update on Status of ongoing CAPEX
Update on Status of ongoing CAPEX PTC is establishing a world-class Strategic Materials Technology Complex in the Lucknow Node of the UP Defence Industrial Corridor. It has acquired key equipment for its Aerospace and Defence material manufacturing facility. This includes a Vacuum Arc Remelting Furn
Slide 33: Passion & Collaboration - Contact Us
PASSION & COLLABORATION Contact Us PTC Industries Limited Smita Agarwal, Director & CFO www.ptcil.com Ernst & Young LLP Vikash Verma Abhishek Bhatt vikash.verma1@in.ey.com abhishek.bhatt3@in.ey.com © 2024 ptcil.com 33