Remsons Industries Limited · NSE:REMSONSIND
Remsons Industries — Q1 FY2022 Earnings Presentation
34 slides from Remsons Industries's earnings presentation, Aug 18, 2021
Slide 1: Remsons Industries Limited stock exchange cover letter
REMSONS Industries limited P.O.Bag No.7685 Mumbai- 400067 Tel. : 26122368 / 26113883 / 26114452 Web : www .remsons.com CIN : L51900MH1971PLC015141 18th August, 2021 To, The Manager - Corporate Service Dept. The Manager- The Listing Department, BSE Limited National Stock Exchange of India Jeejeebhoy
Slide 2: Investor Presentation Q1 FY21-22
REMSONS INDUSTRIES LIMITED INVESTOR PRESENTATION INVESTORQ1 PRESENTATION FY21-22 MAY 2021
Slide 3: Disclaimer
Disclaimer Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "pl
Slide 4: Q1 FY2022 Result Update
Q1 FY2022 RESULT UPDATE
Slide 5: Q1FY22 Standalone Results
Q1FY22 Standalone Results Particulars (INR in crs) Q1 FY22 Q1 FY21 Y-O-Y Growth Q4 FY21 Q-O-Q Growth FY21 Net Revenue from Operations 35.23 13.14 168.12% 60.40 -41.67% 195.48 Other Income 0.86 0.04 2042.37% 0.64 34.95% 1.95 Total Revenue 36.09 13.18 173.80% 61.03 -40.87% 197.42 COGS 23.83 9.53 150.0
Slide 6: Q1FY22 Consolidated Results
Q1FY22 Consolidated Results Particulars (INR in crs) Q1 FY22 Q4 FY21 Q-O-Q Growth FY21 Net Revenue from Operations 51.21 76.76 -33.29% 226.15 Other Income 1.12 0.85 31.17% 2.41 Total Revenue 52.33 77.62 -32.58% 228.56 COGS 32.09 50.10 -35.95% 151.67 Employee Benefit Expenses 11.39 14.31 -20.40% 39.5
Slide 7: Q1-FY22 Operational Highlights & COVID Measures
Q1-FY22 Operational Highlights & COVID Measures • Majority of the Original Equipment Manufacturers (OEM) and Auto Dealers were shut due to second wave of Covid-19 resulting in lower demand and volume offtakes • Sharp rise in fuel and commodity prices and global shortage of semi conductors have also
Slide 8: Q1 FY 2021-22 Highlights- Standalone
Q1 FY 2021-22 Highlights- Standalone Revenue EBITDA 70.0 6.0 • Total Standalone Revenue stood 5.0 at INR 36.09 crores in Q1 FY 2022 60.0 up 173.80% Y-O-Y and down by 4.0 50.0 40.87% on Q-O-Q basis 3.0 40.0 2.0 • Q1 FY 2022 was largely affected 30.0 1.0 by onset of the second wave of 5.25 0.81 20.0 0
Slide 9: Q1 FY 2021-22 Highlights- Consolidated
Q1 FY 2021-22 Highlights- Consolidated Revenue EBITDA 90.0 6.0 80.0 • Remsons UK business was largely 70.0 5.0 affected on account of prevailing 60.0 4.0 semi conductor issue 50.0 40.0 3.0 • Consolidated revenue in Q1 FY 2.0 2022 stood at INR 52.33 crores 30.0 down by 32.58% on Q-O-Q basis 20.0 1.0
Slide 10: Management's Message
Management’s Message Commenting on the performance, Mr. Rahul Kejriwal, Director & CFO, Remsons Industries Ltd. said, “On the back of a challenging FY20-21, First Quarter of FY21-22 started in turbulent manner. As the country was hit hard with Covid-19’s second wave, our operations too were hit. It
Slide 11: Company Overview
COMPANY OVERVIEW
Slide 12: A Little Bit of History
A LITTLE BIT OF HISTORY Born into a middle-class family in Kolkata, Mr. Vishwaprakash Harlalka moved from Kolkata to Mumbai in 1956. With nothing but a dream he tried his hand at many businesses, failing and only rising stronger and wiser. He started Remsons in 1959. Formed as a trading company, the
Slide 13: Remsons Industries Limited- At A Glance
Remsons Industries Limited- At A Glance ABOUT US CUSTOMER PROFILE STRATEGY The company offers an entire spectrum All major OEM manufacturers of 2, 3, & 4 Focus on advancement of technologies of Automobile control cables, gear wheelers both domestic and overseas and strengthening of business shifters
Slide 14: Remsons DNA
REMSONS DNA VISION EMPOWER To be recognized as a leading global We provide employee with the auto component manufacturing resources, authority, opportunity, and organization through innovations, motivation to do their work, also enduring partnerships & be committed holding them accountable for their
Slide 15: Key Highlights
Key Highlights INR 228.5 crs of INR 12.6 crs of Serving more than 20 OEM’s Total Income in FY 21 EBITDA in FY 21 and 250+ dealers in after- market 4 State of the Art Plants Presence in more 241 employees includes Engineers, Design across India and 1 in UK than 17 countries team, HR team, Managerial
Slide 16: Milestones Achieved
Milestones Achieved 1960-1973 2004-2006 2018-2019 1st to introduce Indigenously Opened control cables and manufactured marketing and Pressure die cast dash mounted technical support cable ends in park brake and office in USA and India push pull cables Europe 1959 2001 2009 2020 Company formed Indige
Slide 17: Application of Products
Application of Products Serving all Segments of Industry 2-wheeler 3-wheeler 4-wheeler CV Off-Roader Agriculture Brake - Front, Rear, Combi Clutch / PKB Cable Parking Brake Cable Parking Brake Cable Accelerator Cables Clutch & Brake Cable Accelerator Cable Gasoline Cable Body Cables Gear Shifter wit
Slide 18: Product Gallery
Product Gallery Control Cables Pedal Box Gear Shifters CABLES CONTROL CABLES FLEXIBLE SHAFTS PUSH PULL CABLES SYSTEMS GEAR SHIFTERS PARKING BRAKE PEDAL BOX WINCHES JACKS Jacks Winches
Slide 19: Global Presence
Global Presence STOURPORT-ON-SEVERN UNITED KINGDOM Application Support & Marketing Office EXPORTS TO: ● UNITED KINGDOM ● FRANCE ● MEXICO GURGAON ● USA INDIA ● GERMANY PUNE ● AUSTRIA INDIA ● SWEDEN ● ITALY ● SPAIN Application Support ● TURKEY DAMAN; PARDI INDIA ● SINGAPORE ● NEPAL MUMBAI INDIA ● SRI
Slide 20: Manufacturing Facilities
Manufacturing Facilities 4 Plants in India 1 Plant in UK
Slide 21: In-House Product Development Capabilities
In-House Product Development Capabilities Design FEA Complete In-House In-House Design Simulation & FEA Capabilities Capabilities Established Product Development Capabilities Enhancement Technology Synergy Validation Design and Validation Continuous Synergy Between UK upgradation of & India In-House
Slide 22: Customer Profile
M$) SUZUKI Mahindra Mahindra REWA ASTON MARTIN Customer Profile IVECO NAVISTAR smu ISUZU Ashok Leyland FORCE NIDA [POWER PRODUCTS |
Slide 23: Group - Organization Structure
Group - Organization Structure REMSONS IND LTD • Magal Cables UK serves as a manufacturing facility in UK for cables systems and scissor jacks and was part of Arlington Group INDIA UK • Manufacturing plant of 7100 sq OPERATIONS OPERATIONS mtrs. • Products includes hood release cables. Handbrake & ot
Slide 24: Management Details
Management Details Krishna Kejriwal Amit Srivastava • Chairman & Managing Director, Remsons Industries Limited • Chief Executive Officer, Remsons Industries Limited • Mr. Kejriwal is a Graduate in Science from University of Bangalore and has 43 • He is MBA in Marketing & Finance completed Senior Man
Slide 25: Quality Certification
Quality Certification IATF 16949:2016 1S0 14001: 2015 ASES CERTIFIED
Slide 26: Awards & Recognition
Awards & Recognition ● Jamnalal Bajaj Award – For Fair Business Practices ● ACMA Award – First Technology Award for Upgradation of Technology ● Escorts Award – For Price Control ● Membership – United Nations Global Compact ● Maruti Suzuki – Vendor Performance Award ● ACMA – 1st Prize in QC Competiti
Slide 27: Strategy for Profitable Growth
Strategy for Profitable Growth New Product Operational Efficiency Focus on launch of 2 new products Consolidation of Daman Plant with which are already under development Pune plant Product Development- Offering and Lean and Agile Manufacturing diversifying products range processes Entering into Tech
Slide 28: CSR Activity- Supporting the Society
CSR Activity- Supporting the Society “We remain Committed to Society” Daman- 2 days education awareness camp Distributed happiness kits to students at and sports activities at 9 ZP school, in Government Schools with Akshay Patra at Palghar District GPS Kadiwad Daman COVID-19 Support- Donation to the
Slide 29: Financial Overview
FINANCIAL OVERVIEW
Slide 30: Annual - Profit & Loss Statement
Annual - Profit & Loss Statement FY 2021 FY 2021 Particulars (INR in crs) FY 2018 FY 2019 FY 2020 Standalone Consolidated Net Revenue from Operations 128.36 149.38 159.18 195.48 226.15 Other Income 1.58 0.75 1.70 1.95 2.41 Total Revenue 129.94 150.13 160.88 197.42 228.56 COGS 78.30 92.99 95.71 136.2
Slide 31: Annual - Balance Sheet (1/2)
Annual - Balance Sheet (1/2) Particulars (INR in crs) FY 2018 FY 2019 FY 2020 FY 2021 Standalone FY 2021 Consolidated Assets Non-Current Assets Property, Plant & Equipment 21.75 21.51 21.71 24.05 31.71 Right of Use of Assets - - 0.54 8.81 8.81 Capital Work in Progress 0.05 0.14 0.08 0.35 0.35 Invest
Slide 32: Annual - Balance Sheet (2/2)
Annual - Balance Sheet (2/2) Particulars (INR in crs) FY 2018 FY 2019 FY 2020 FY 2021 Standalone FY 2021 Consolidated Equities & Liabilities Share Capital 5.71 5.71 5.71 5.71 5.71 Reserves & Surplus 13.84 16.03 19.03 25.68 24.01 Net Worth 19.55 21.74 24.74 31.39 29.72 Non-Current Liabilities Long Te
Slide 33: Profitable Growth, Strong ROE & ROCE
Profitable Growth, Strong ROE & ROCE Revenue EBITDA PAT 14.0 9% 250.0 8% 0.0 6 228.56 8% 3% 12.0 0.0 5 7% 3% 200.0 7% 10.0 2% 160.88 6% 6% 0.0 2% 4 150.13 6% INR in crores INR in crores 150.0 0.0 3 INR in crores 129.94 8.0 5% 4% 0.0 3.44 2 100.0 6.0 0.0 1 3% 3% 52.33 4.0 3.44 5.34 4.49 50.0 2% 0.0 0
Slide 34: Thank You
Thank You For further information, please contact: Remsons Industries Limited Tel: +91 22 2612 2368/2611 3883 Email: corporate@remsons.com For more information, visit www.remsons.com