Slide 1: Regulation 30 filing cover letter to BSE
(2 WPIL Limited REGD. OFF, : “TRINITY PLAZA" 84/1A, TOPSIA ROAD (SOUTH), KOLKATA- 700 046 TEL. : (91 33) 4055 6800, FAX : (91 33) 4055 6835 WES : http:/Avww.wpil.co.in CIN No. L36900WB1952PLC020274 Date: October 30, 2024 To The Listing Compliance BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street M
Slide 2: Earnings Presentation Q2/H1-FY25
EARNINGS PRESENTATION Q2/H1-FY25
Slide 3: Company Snapshot
COMPANY SNAPSHOT Market Leader in 10 Strategic International End to End Rich Experience Pumps & Manufacturing Presence Across Integrated Pumping of 71 Years Pumping Locations 4 Locations Solutions Systems Strong global presence via Consolidated Partner of choice Proud to be part of focussed Orderboo
Slide 4: Company Overview
COMPANY OVERVIEW
Slide 5: Company Overview
COMPANY OVERVI EW Operating Revenue (INR Mn) and EBITDA Margins (%) • WPIL Limited is a multinational pumps and systems company, headquartered out of India, with diversified operations covering the entire gamut of the pumping industry incorporated in 1952. 16,055 16,644 • The Company has to its cred
Slide 6: Global Operations
GLOBAL OPERATI ONS • After 10 years of growth in exports and experience in global markets it was clear that the next step would need strong local presence H1-FY25 Revenue Mix (INR Mn) as the engineered pumps clients need life cycle support which has to be built on long term relationships. • Over the
Slide 7: India Operations - State-of-Art Manufacturing Facilities
I NDI A OPERATI ONS - STATE - OF- ART MANUFACTURI NG F ACI LI TI ES Kolkata Engineered Pump Division is Located about 25 KM from Kolkata, the plant has ~20,000 sq. meters of floorspace. Delhi Delhi Industrial Pump Division is Located about 20 KM from Delhi, the plant has ~49,000 sq. meters of floors
Slide 8: Business Structure
BUSI NESS STRUC TURE WPIL Ltd. India International 67% 33% Project Product South Africa Italy Australia 76% 24% 26% 56% 18% Gruppo Aturia Conventional Engineered Drainage Irrigation Municipal Industry Pumps Pumps Pumps AUDOLI & ARIS BERTOLA CHIAPPA % numbers are revenue share as on H1 FY25 EARNINGS
Slide 9: Varied Range of Applications
VARI ED RANGE OF APPL I CATI ONS Irrigation Industrial Municipal Large lift irrigation networks to provide surface water to Used in industries for variety of purposes such as fire fighting, Water Supply & Drainage solutions for Rural and Urban Utilities farmers and borehole installations for ground
Slide 10: Value Proposition
VALUE PROPOSI TI ON Global Operations Strong R&D Forward integrated Wide product basket Dominant player in supported by Marquee clients recognized by Govt. by providing Turnkey catering to a Industrial Pump subsidiaries and from Top class Of India and solutions and O&M widespread market Sector agent
Slide 11: Q2/H1-FY25 Financial Overview
Q2/H1-FY25 FINANCIAL OVERVIEW EARNINGS PRESENTATION 10
Slide 12: Financial Highlights
FI NANCI AL HI GHLI GHTS Q2-FY25 Standalone Performance Q2-FY25 Consolidated Performance 19.22% 21.27% INR 3,298 Mn INR 634 Mn INR 4,909 Mn INR 1,044 Mn Operating EBITDA Operating EBITDA Operating Income Operating EBITDA Operating Income Operating EBITDA Margins Margins INR 466 Mn 14.13% INR 4.77/Sh
Slide 13: Q2-FY25 Highlights - Domestic
Q2- FY25 HI GHLI GHTS - DOMESTI C Domestic revenues grew 55% in H1 FY25 Product Business - Revenue for the Product Division rose to INR 83 crores in H1 FY25, up from INR 60 crores in FY24. - The outlook for the Product division is improving based on product portfolio expansion and strong market pres
Slide 14: Q2-FY25 Highlights - International
Q2- FY25 HI GHLI GHTS - I NTERNATI ONAL − The International business operations remain stable and the outlook remains strong across all businesses. − Gruppo Aturia is benefitting from strong after market performance and awaits revival of large number of delayed contracts in the MENA region for growt
Slide 15: Domestic Revenues
DOMESTI C REVENUES Product Revenue (INR Mn) Project Revenue (INR Mn) 1.2 1.2 1 1 830 QUARTERLY QUARTERLY 0.8 0.8 0.6 594 0.6 2,467 0.4 0.4 1,299 0.2 0.2 0 0 Q2-FY24 Q2-FY25 Q2-FY24 Q2-FY25 4,309 1,382 1,139 HALF YEARLY HALF YEARLY 2,602 H1-FY24 H1-FY25 H1-FY24 H1-FY25 EARNINGS PRESENTATION 14
Slide 16: Order Book
ORDER BOOK Domestic Order Book (INR Mn) H1-FY25 International Order Book Breakup (%) 36,410 30,540 27,300 South Africa Construction 30% 31,510 Construction 25,250 Italy Construction 22,010 49% Australia 21% O&M O&M 4,900 O&M 3,477 5,290 4,010 3,140 5,290 Total : ~ 5,340 INR Mn FY 23 FY24 H1-FY25 Pro
Slide 17: Quarterly Standalone Financial Performance
QUARTERLY STANDALONE F I NANCI AL PERFORMANCE Particulars (INR Mn) Q2-FY25 Q2-FY24 Y-o-Y Q1-FY25 Q-o-Q Revenue from Operations 3,298 1,853 78.0% 2,394 37.8% Operating Expenses 2,634 1,542 72.8% 1,995 33.5% EBITDA 634 311 NA 399 58.9% EBITDA Margins (%) 19.22% 16.78% 244 bps 16.67% 255 bps Depreciati
Slide 18: Half Yearly Standalone Financial Performance
HALF Y EARLY STANDALONE F I NANCI AL PERFORMANCE Particulars (INR Mn) H1-FY25 H1-FY24 Y-o-Y Revenue from Operations 5,692 3,675 54.9% Operating Expenses 4,658 3,068 51.8% EBITDA 1,034 607 70.3% EBITDA Margins (%) 18.17% 16.52% 165 bps Depreciation 33 34 (2.9)% Finance Cost 128 82 56.1% Other Income
Slide 19: Quarterly Consolidated Financial Performance
QUARTERLY CONSOLI DATED F I NANCI AL PERFORMANCE Particulars (INR Mn) Q2-FY25 Q2-FY24 Y-o-Y Q1-FY25 Q-o-Q Revenue from Operations 4,909 3,187 54.0% 3,625 35.4% Operating Expenses 3,865 2,520 53.4% 3,023 27.9% EBITDA 1,044 667 56.5% 602 73.4% EBITDA Margins (%) 21.27% 20.93% 34 bps 16.61% 466 bps Dep
Slide 20: Half Yearly Consolidated Financial Performance
HALF Y EARLY CONSOLI DATED F I NANCI AL PERFORMANCE Particulars (INR Mn) H1-FY25 H1-FY24 Y-o-Y Revenue from Operations 8,534 6,423 32.9% Operating Expenses 6,889 5,162 33.5% EBITDA 1,645 1,261 30.5% EBITDA Margins (%) 19.28% 19.63% (35) Bps Depreciation 157 145 8.3% Finance Cost 162 145 11.7% Other
Slide 21: Historical Financial Overview
HISTORICAL FINANCIAL OVERVIEW EARNINGS PRESENTATION 20
Slide 22: Standalone Financial Performance
STANDALONE FI NANCI AL PERFORMANCE Particulars (INR in Mn) FY22 FY23 FY24 H1-FY25 Revenue from Operations 5,298 10,024 10,769 5,692 Operating Expenses 4,432 8,264 8,839 4,658 EBITDA 866 1,760 1,930 1,034 EBITDA Margins (%) 16.35% 17.56% 17.92% 18.17% Depreciation 56 55 70 33 Finance Cost 89 121 172
Slide 23: Standalone Balance Sheet
STANDALONE BAL ANCE SHEET Particulars (INR Mn) FY23 FY24 H1-FY25 Particulars (INR Mn) FY23 FY24 H1-FY25 EQUITY AND LIABILITIES ASSETS Non-Current Assets a) Equity Share Capital 98 98 98 a) Property, Plant and Equipment 742 864 972 b) Other Equity 6,472 7,502 8,082 b) Capital Work-in-progress 1 22 63
Slide 24: Consolidated Financial Performance
CONSOLI DATED FI NANCI AL PERFORMANCE Particulars (INR in Mn) FY22 FY23 FY24 H1-FY25 Revenue from Operations 11,813 16,055 16,644 8,534 Operating Expenses 9,710 13,380 13,662 6,889 EBITDA 2,104 2,674 2,982 1,645 EBITDA Margins (%) 17.81% 16.66% 17.92% 19.28% Depreciation 373 279 301 157 Finance Cost
Slide 25: Consolidated Balance Sheet
CONSOLI DATED BAL ANCE SHEET Particulars (INR Mn) FY23 FY24 H1-FY25 Particulars (INR Mn) FY23 FY24 H1-FY25 EQUITY AND LIABILITIES ASSETS a) Equity Share Capital 98 98 98 Non-Current Assets b) Other Equity 8,001 12,361 13,404 a) Property, Plant and Equipment 3,649 3,415 3,676 b) Capital Work-in-progr
Slide 26: Consolidated Financial Graphs
CONSOLI DATED FI NANCI AL GRAPHS Revenue (INR Mn) EBITDA (INR Mn) & EBIDTA Margins (%) PAT (INR Mn) & PAT Margins (%) 4,000 50.00% 16,055 16,644 60.00% 2,500 2,982 45.00% 3,500 2,674 40.00% 1,930 1,779 50.00% 3,000 2,000 11,813 35.00% 2,104 2,500 40.00% 30.00% 1,500 8,534 2,000 1,645 25.00% 30.00% 1
Slide 27: Capital Market Information
CAPI TAL MARKET I NFORMATI ON Stock Performance Data (As on 30th September, 2024) 60% 50% 40% 30% 20% 10% 0% -10% Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 WPIL Ltd. Sensex Price Data (As on 30th September, 2024) INR Shareholding Pattern (As on 30th Septembe
Slide 28: Disclaimer
DI SCLAI MER WPIL Limited 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 even
Slide 29: Thank You
THANK YOU EARNINGS PRESENTATION 28