PRAJ Industries Limited · NSE:PRAJIND
PRAJ Industries — H1 FY2020 Earnings Presentation
19 slides from PRAJ Industries's earnings presentation, 2019
Slide 1: Praj Industries Limited Q2 & H1 FY20 Results
Praj Industries Limited Q2 & H1 FY20 Results © Praj Industries Ltd www.praj.net
Slide 2: Safe Harbor
Safe Harbor Certain statements in this communication concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertaintie
Slide 3: Key Developments
Key Developments The sugar year ending October 31, 2019 is projected to record the highest ever levels of ethanol blending to the tune of 6.7%. This includes a meaningful maiden contribution of ethanol made from B-heavy molasses route. For the sugar year November 1, 2019 to October 31, 2020, the
Slide 4: Key Developments
Key Developments Praj Industries entered into a Cooperation Agreement with Dedini S/A Indústrias de Base, Brazil to provide ethanol production technologies to the Brazilian market. ‘Enfinity’, Praj’s proprietary and award-winning technology, will be deployed to produce ethanol and other co-produ
Slide 5: At a glance
At a glance Financials : Figures in Rs cr Q2 FY 20 Q1 FY 20 Q2 FY 19 H1 FY 19 H1 FY 20 Operating income (net of 294.14 211.60 251.03 442.63 505.74 excise duty) EBITDA (excl other 16.68 8.11 13.83 21.06 24.78 income) PBT 17.19 9.94 12.86 17.34 27.13 PAT 16.13 8.77 8.94 12.43 24.90 Order Intake 539 16
Slide 6: Order backlog (at the end of each quarter, values in Rs cr)
Order backlog (at the end of each quarter, values in Rs cr) Engineering 1130 businesses, 26% 990 HiPurity, 6% 900 928 886 812 Bioenergy, 68% Export, 22% Q1 FY 19 Q2 FY 19 Q3 FY 19 Q4 FY 19 Q1 FY 20 Q2 FY 20 Domestic , 78% © Praj Industries Ltd www.praj.net 6
Slide 7: Order Book
Order Book Q2 FY20 : Rs 539 cr Engineering businesses, Export, 40% 14% HiPurity, 7% Bioenergy, Domestic, 53% 86% Note – Engineering businesses include critical process equipment & skids, brewery and water & wastewater treatment segments. © Praj Industries Ltd www.praj.net 7
Slide 8: Revenue Split
Revenue Split Q2 FY20 : Rs 294.14 cr Engineering businesses, 24% Export, 31% HiPurity, 13% Bioenergy, Domestic, 63% 69% Note – Engineering businesses include critical process equipment & skids, brewery and water & wastewater treatment segments. © Praj Industries Ltd www.praj.net 8
Slide 9: H1 Order Book
H1 Order Book H1 FY20 : Rs 707 cr Engineering businesses, Export, 36% 16% HiPurity, 11% Bioenergy, Domestic, 53% 84% Note – Engineering businesses include critical process equipment & skids, brewery and water & wastewater treatment segments. © Praj Industries Ltd www.praj.net 9
Slide 10: H1 Revenue
H1 Revenue H1 FY20 : Rs 505.73 cr Engineering businesses, 23% Export, 33% HiPurity, 11% Bioenergy, Domestic, 66% 67% Note – Engineering businesses include critical process equipment & skids, brewery and water & wastewater treatment segments. © Praj Industries Ltd www.praj.net 10
Slide 11: Financial performance: Trends
Financial performance: Trends OB Sales PAT 539 368 330 33.4 295 421 251 328 338 22.4 306 212 192 16.1 168 8.9 8.8 3.5 FY19 Q1 FY19 Q2 FY19 Q3 FY19 Q1 FY19 Q2 FY19 Q3 FY19 Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY20 Q1 FY20 Q2 FY19 Q4 FY20 Q1 FY20 Q2 FY19 Q4 FY20 Q1 FY20 Q2 © Praj Industries Ltd www.praj.net 11
Slide 12: Business Updates
Business Updates 1. Bio Energy 2. Engineering 3. PHS © Praj Industries Ltd www.praj.net 12
Slide 13: India Perspective: Fuel Ethanol Scenario
India Perspective: Fuel Ethanol Scenario Fuel Ethanol Supply (in billion liters) Key Highlights Ethanol Blending % 5.9% 1.97 • Blending rate improved from 4.2% to 4.2% 1.45 5.9% in last year 1.18 • Out of 1.97 bln liters, 0.3 bln liters 1.0 1.0 produced using B-heavy/ sugar cane .50 juice partially
Slide 14: Indian Ethanol Requirement map till 2022
Indian Ethanol Requirement map till 2022 Source: PPAC Particulars 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Petrol Sale Projection (in Bln. Ltr) 27.59 32.00 32.41 35.13 38.07 44.00 (8.38 % CAGR) Ethanol Requirement 5% blending 1.38 1.70 1.62 1.75 1.90 2.20 10% blending 2.76 3.20 3.24 3.51 3.80
Slide 15: Bio Energy related Policies (1/2)
Bio Energy related Policies (1/2) National Biofuels • Progressive National Biofuels Policy 2018 - objective of reaching Policy 20% ethanol-blending by the year 2030 • Allowed additional feed stock options like B Heavy, Sugarcane Additional Feedstock Juice, Spoiled Grains etc. • Upward revision of pr
Slide 16: Bio Energy related Policies (2/2)
Bio Energy related Policies (2/2) "Pradhan Mantri JI- • Providing financial support to Integrated Bioethanol Projects (2G) VAN (Jaiv Indhan- using lignocellulosic biomass and other renewable feedstock. Vatavaran Anukool fasal awashesh • The JI-VAN Yojana will be supported with total financial outlay
Slide 17: Engineering Business: H1 Highlights
Engineering Business: H1 Highlights Brewery Market Share in Domestic >70% CPES business established Strong Business Connect with US Oil & Gas EPC Majors International Quality Brewery Plant Pneumatic pressure test @40 Bar successfully completed for a syngas application Praj Waste Water (Envir
Slide 18: PHS: H1 Highlights
PHS: H1 Highlights Sample Installation Healthy Order Book of Rs. 79 Cr in H1 FY20 vs Rs. 54 Cr. in H1 FY19 MPS: Bagged Order for First injectable facility for an US MNC for their Indian Operations Augmented Offerings by introducing new products (BioWiz, Crystalizer, Small Volume Parenteral, Mi
Slide 19: For further information, please contact
For further information, please contact – Surendra Khairnar/ Ravindra Utgikar Praj Industries Ltd. Phone : 020 2294 1000 Email: surendrakhairnar@praj.net / ravindrautgikar@praj.net Mayank Vaswani / Shikha Kshirsagar CDR, India Phone : 022 6645 1230 / 43 Email: mayank@cdr-india.com / shikha@cdr-india