Steelcast Ltd. · NSE:STEELCAS
Steelcast — Q3 FY2023 Earnings Presentation
18 slides from Steelcast's earnings presentation, Jan 23, 2023
Slide 1: Covering letter to stock exchanges
AC/2079 23.01.2023 The Secretary, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Plot No.C/1, G Block, Dalal Street, Bandra-Kurla Complex, MUMBAI - 400 001 Bandra (E), Mumbai - 400 051 Scrip Code: 513517 Scrip Symbol: STEELCAS Dear Sir/Ma
Slide 2: Investor Presentation – Q3FY23
Investor Presentation – Q3FY23
Slide 3: Safe Harbor
Safe Harbor This presentation has been prepared by and is the sole responsibility of Steelcast Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation or induceme
Slide 4: Q3 & 9MFY23 Financial Performance
Q3 & 9MFY23 Financial Performance 3
Slide 5: Q3FY23 Performance Highlights
Q3FY23 Performance Highlights Q3FY23 (Y-o-Y) Highlights Revenue The Revenue from Operations saw an increase of 52% on a Y-o-Y 119.7 Crs 52% basis. The gain from foreign exchange and lower input prices contributed to the better profitability during the quarter. The EBITDA margins for this quarter sto
Slide 6: Q3FY23 Consolidated Key Highlights
Q3FY23 Consolidated Key Highlights Revenue (Rs. in Crs) EBIDTA (Rs. in Crs) PAT (Rs. in Crs) 52% -1% 84% +8% 126% +10% 119.7 121.2 119.7 30.7 30.7 19.3 19.3 28.3 17.6 79.0 16.7 8.5 Q3FY22 Q3FY23 Q2FY23 Q3FY23 Q3FY22 Q3FY23 Q2FY23 Q3FY23 Q3FY22 Q3FY23 Q2FY23 Q3FY23 Y-o-Y Q-o-Q Y-o-Y Q-o-Q Y-o-Y Q-o-Q
Slide 7: 9M FY23 Consolidated Key Highlights
9M FY23 Consolidated Key Highlights Revenue (Rs. in Crs) EBIDTA (Rs. in Crs) PAT (Rs. in Crs) 71% 80% 116% 356.5 83.0 51.0 209.0 46.1 23.6 9MFY22 9MFY23 9MFY22 9MFY23 9MFY22 9MFY23 Y-o-Y Y-o-Y Y-o-Y 6
Slide 8: Geographical Revenue growth
Geographical Revenue growth Exports Domestic +1600 bps +200 bps -1600 bps 65.0% 63.0% 65.0% 51.0% -200 bps 49.0% 37.0% 35.0% 35.0% Q3FY22 Q3FY23 Q2FY23 Q3FY23 Q3FY22 Q3FY23 Q2FY23 Q3FY23 Y-o-Y Q-o-Q Y-o-Y Q-o-Q 7
Slide 9: Revenue Breakup (Q3FY23)
Revenue Breakup (Q3FY23) Segment-wise Revenue (%) Geography-wise Revenue (%) 1.0% 35.0% Total revenue Total revenue Rs. 119.7 Cr Rs. 119.7 Cr 65.0% 99.0% OEM Sales Domestic Replacement Market Exports 8
Slide 10: Quarterly Profit & Loss Statement
Quarterly Profit & Loss Statement Particulars (Rs.Crs ) Q3 FY23 Q3 FY22 Y-o-Y Q2FY23 Q-o-Q 9MFY23 9MFY22 Y-o-Y Revenue from Operations 119.7 79.0 52% 121.2 -1% 356.5 209.0 71% Cost of Materials consumed 33.9 27.2 29.6 92.0 68.1 Changes in Inventories of finished goods & work in progress -1.9 -11.6 5
Slide 11: Balance Sheet Ratios
Balance Sheet Ratios Long term Debt (Rs. Crs.) Short term Debt (Rs. Crs) Debt to Equity Short term borrowing has -26.0% Debt to Equity has No LT debt has been 70.0 reduced for H1FY23 reduced by 37.5% from 28 taken by Steelcast 63.0 0.91 FY22 to H1FY23 until now 46.6 -37.5% 14 13 0.45 25.0 0.40 9 17.
Slide 12: Company Overview
Company Overview 11
Slide 13: Diversified Business Model catering to Varied Industries
Diversified Business Model catering to Varied Industries Existing Segments* Mineral Processing Earth Moving Industry Mining Steel Plants Cement Construction Industry Foray into New Segments Railways Electro Locomotive Ground Engaging Tools (GETs) 12 * Business done is with all OEMs
Slide 14: Presence across the Globe
Presence across the Globe Denmark South Korea Germany USA China Japan India - Headquartered Mexico Thailand Singapore Brazil Australia Export Presence “Two-Star Export House Status holder” Expected to increase the presence 15+ countries in the next 5 years Disclaimer: Map not to scale. All data, inf
Slide 15: Experienced Board of Directors
Experienced Board of Directors Mr. Chetan M. Tamboli, Managing Director & CEO • Aged 62 years, a third-generation entrepreneur, is a commerce graduate armed with an MBA Finance from USA • Serving as a CEO since 2003 with total experience of more than 30 years. Looks after strategy, policy making and
Slide 16: Future Strategy
Future Strategy 15
Slide 17: Rationalization Measures
Rationalization Measures Product Development Business Development Initiated a rationalization plan since last 2 years Company to set up 5 MW Solar Power 25 years PPA signed for solar & wind Reduction in throughput time for Plant in Gujarat region for captive hybrid power project which will bring pro
Slide 18: Thank You
THANK YOU Company: CIN: L27310GJ1972PLC002033 Name: Mr. Subhash Sharma, CFO Email ID: ss@steelcast.net Investor Relations Advisors: Mr. Faraz Ahmed Mr. Rajesh Agrawal +91 9619705150 +91 9967491495 faraz.ahmed@linkintime.co.in rajesh.agrawal@linkintime.co.in 17