Ador Welding Limited · NSE:ADOR
Ador Welding — Investor Presentation (November 2024)
22 slides from Ador Welding's investor presentation, Nov 14, 2024
Slide 1: Regulation 30 filing letter to BSE and NSE
AWL/SEC/SE/2024-25/104 14th November, 2024 BSE LTD. NATIONAL STOCK EXCHANGE OF INDIA LTD. Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, 1st Floor, Dalal Street, Bandra-Kurla Complex Fort, Mumbai – 400 023 Bandra (East), Mumbai - 400 051. Company Scrip Code: 517041 Company Symbol: ADORWELD
Slide 2: Investor Presentation, November 14, 2024
INVESTOR PRESENTATION November 14, 2024 Creating The Best Welding Experience
Slide 3: Agenda
Agenda • Macros review • Business Overview • Merger – Value creation • Innovation & New Products 2 Creating the Best Welding Experience
Slide 4: Disclaimer
Disclaimer • This Investor Presentation by Ador Welding Ltd. (“Ador / the Company”) is solely for informational purposes. This presentation does not constitute an offer or invitation, directly or indirectly, to purchase or subscribe for any securities of Ador. • The information contained herein has
Slide 5: Macro-Economic Overview – Gross Domestic Product (GDP)
Macro-Economic Overview – Gross Domestic Product (GDP) GDP Growth Rates (Quarter over Quarter) Specific Sector as % of GDP 20.0% 25.0% 15.0% 20.0% 14.7% 13.6% 14.3% 19.1% 18.7% 17.3% 17.8% 17.9% 18.3% 10.5% 18.9% 17.2% 16.8% 16.8% 16.4% 12.8% 9.5% 11.5% 15.7% 16.8% 8.6% 9.6% 8.7% 15.0% 10.0% 7.4% 8.
Slide 6: Macro-Economic Overview – Steel and Stainless-Steel Consumption Data
Macro-Economic Overview – Steel and Stainless-Steel Consumption Data 4.00 30% Steel Consumption and Growth 27% 14.0 20% 3.50 25% 12.4 12.1 12.1 12.3 12.3 12.6 12.6 3.75 11.7 11.7 12.0 12.0 11.6 15% 20% 11.1 14% 11.1 3.43 10.6 3.00 10.0 10.2 10.2 10.3 13% 10% 13% 10.0 12% 3.03 3.04 15% 8% 2.50 5% 2.7
Slide 7: Update for Q2 & H1
Update for Q2 & H1 Q2 update – Standalone HY1 update - Consolidated • Merger completed on 25th Sept’24 • Sales grew by 5% over HY1 FY24. • New segment reporting – M&R. • International business grew by 19% in H1FY 25 • Sales declined by (3%) over Q2FY24 • Gross margins were at 29.1%. • Gross margins
Slide 8: Exceptional items ~ Q2 FY25 and HY1 FY25
Exceptional items ~ Q2 FY 25 and HY 1 FY25 Particulars Q2 FY 25 HY1 FY 25 Remarks 1. Provision for impairment - Upon completion of the merger, PBT (Before Exceptional item) 20.3 48.1 the management of Ador Welding Limited has re-evaluated the said investment and the ICDs provided to 3DFT, considerin
Slide 9: Business Overview- Stand alone
Business Overview- Stand alone . Sales Composition Rs. in Crs. 900 850 H1 FY25- Sales Mix 800 730 700 14% 600 8% 500 78% 402 418 400 300 201 182 200 96 100 75 47 35 42 14 Products Services M&R 0 FY22- 23 FY23-24 H1 FY 24 H1FY25 Products Services M&R Products contribute to ~ 78% of total business, Se
Slide 10: Segment wise Margin
Segment wise Margin 1,200 Segment wise Revenue Products Margin (INR in crs and %) 1,000 203 140 14% 16% 208 35 13% 120 13% 14% 800 48 12% 100 600 12% 10% 80 91 8% 10% 854 42 60 400 115 6% 730 96 47 45 40 4% 200 419 19 22 51 20 2% 30 22 212 208 0 0% - FY22-23 FY23-24 H1 FY 25 Q1 FY 25 Q2FY25 FY22- 23
Slide 11: Working capital- Standalone
Working capital- Standalone . Working Capital INR in Crs. 200 179 180 180 166 155 159 160 144 140 123 Particulars Sept'24 Mar'24 Sep'23 120 Inventory 60 49 54 95 100 85 Trade Receivable 53 61 57 80 60 Trade Payable 41 29 33 40 Net Working capital days 72 81 78 20 0 Inventory Trade Receivable Trade P
Slide 12: PBT and RoCE- Merged Entity
PBT and RoCE- Merged Entity PBT Margins (%) ROCE (%) 11.3 11.3 22 9.0 21 19 FY'23 FY'24 FY'25 - HY 1 FY'23 FY'24 FY'25 (act) (act- Annualised) 1. All figures are w/o Exceptional Items. 2. FY 25 (Actual Annualised) – Based on trailing 12 months of Merged Entity. 3. Debt to Equity ratio is 0.08 as at
Slide 13: Merger – Value creation
Merger – Value creation • The Effective date of merger 25th Sept’24 , and the appointed date April’22 . • Integration process on . • Synergies across • Manufacturing & Supply chain • Product Development • Cost Structure 12 Creating the Best Welding Experience
Slide 14: Innovation – Our Pillar for future growth (CHAMPMULTI)
Innovation – Our Pillar for future growth • CHAMPMULTI 500 – Digitally Controlled Synergic Multipurpose Welder with Wireless Data logging and report generation system. • CHAMP MULTI 500 is a multi process welding outfit with inverter based welding power source. • The IGBT power module, High frequenc
Slide 15: Innovation – Our Pillar for future growth (RHINO-E)
Innovation – Our Pillar for future growth RHINO-E : Battery Operated _E Welder. • This machine has been proved very well for Railway track repair and maintenance. One of the large railway network has evaluated and using this machine continuously on field over the last few months • RHINO –E machines
Slide 16: Innovation – RHINO E battery powered welding machine
Innovation – Our Pillar for future growth RHINO E THE BATTERY POWERED WELDING MACHINE RHINO-E represents a significant advancement in welding technology, offering flexibility, convenience, efficiency and diverse welding application Mobile application: A remote Mobile / Tab application provides users
Slide 17: Product Update
Product Update THIS BATTERY POWERED WELDING MACHINE IS BEING USED ALONG THIS BATTERY POWERED WELDING MACHINE IS BEING USED ALONG WITH ARC WITH ARC SENSING MIG/ MAG WIRE FEEDER IN EUROPE FOR RAILWAY SENSING MIG/ MAG WIRE FEEDER IN EUROPE FOR RAILWAY TRACK MAINTENANCE TRACK MAINTENANCE 16 Creating the
Slide 18: Brand Initiatives – FABEX Saudi Arabia 2024
Brand Initiatives Exhibited at FABEX Saudi Arabia 2024 from 13-16th Oct, 2024 We had products on display as well as a VR set-up 150 brand/ product/ demo enquiries & 3000+ people stopped by out booth to enquire 17 Creating the Best Welding Experience
Slide 19: Brand Initiatives
Brand Initiatives Brand building through visibility Showcase of Training for Showcase of the new Showcase of ESG on OTT channel- Telecast of Royal IHC via a video FCW line in Silvassa via initiatives via a chat Ador in the digital show- Kaisa a video format video Banta Hai on JioCinema https://www.l
Slide 20: Q&A
Q&A 19 Creating the Best Welding Experience
Slide 21: Guidelines
Guidelines • Due to the time constraints, we would be limiting a maximum of 2 to 3 questions per participant. Please be quick & precise with your questions • Please avoid asking questions, already answered or covered in the presentation • Anyone interested in asking questions are requested to put th
Slide 22: Thank You
THANK YOU Creating the Best Welding Experience