Cords Cable Industries Limited · NSE:CORDSCABLE
Cords Cable Industries — Q1 FY2020 Earnings Presentation
30 slides from Cords Cable Industries's earnings presentation, August 2019
Slide 1: Investor Presentation – August 2019
Investor Presentation – August 2019
Slide 2: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Cords Cable Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for a
Slide 3: Strong Overall Performance in Q1FY20
Strong Overall Performance in Q1FY20 Revenues EBITDA ₹110 Crores 20% YoY ₹9.8 Crores 14% YoY EBITDA Margin PAT 9% ₹1.6 Crores 17% YoY PAT Margin Order Book 2% ~₹151 Crores 3
Slide 4: A Specialized Control and Instrumentation Cable Company
A Specialized Control and Instrumentation Cable Company 95% of our orders are based on customer specifications 81% of our cables constitute Instrumentation & Control Cables and 19% is Power Cables Long standing customer We have approvals from large public relationships of over 20 years sector as wel
Slide 5: Wide Range of Products to Multiple Industries
… offering Wide Range of Products to Multiple Industries Instrumentation Cables Thermocouple Cables Control Cables LV Power Cables 5
Slide 6: A Diverse Portfolio of Products
… with a Diverse Portfolio of Products Catering to the New Age Demand Thermocouple Cables Control & Electrical Wiring Cables Instrumentation, Signal and Data Cables Application: Application: Application: ✓ Control Cables: Used in interconnection of process ✓ Used in data acquisition systems, compute
Slide 7: Constant Innovation
… bringing Constant Innovation Special cables Low Temperature Low smoke zero Eurobaslise Cables Fire retardant Halogen Cables Railway Safety Low smoke Cables EPR Oil & Gas Cables Fire Survival Cables Railway Jelly Cables Cables field Quad PV Cables Solar Cables Silicone Rubber Cables Fieldbus Cables
Slide 8: Focus on Quality
… with Focus on Quality Consistent Quality check at every stage Quality Test Labs Customer Interface Garnered a name for Product Design Customer service Choice of Vendors Timely deliveries Manufacturing Process Efficient order execution Human Resource Development Customer service 95% all Products as
Slide 9: Experienced Management Team
… Experienced Management Team Naveen Sawhney Chairman & MD A Mechanical Engineer and a PG Diploma in Marketing Management. Has an experience of over 45 years in the Cables Industry. His Vast experience, long-term vision, entrepreneurial abilities & strategic planning have led the Company towards gro
Slide 10: Strong Core Values
… with Strong Core Values Honour Commitments Consistently maintain High Quality Strive for long-term relations and partnerships with customers, vendors and business associates Focus on product-development based on ever-changing needs of our customers Ensure Dignity of Labour Advancement in Technolog
Slide 11: Long Term Customer Relationship
… Long Term Customer Relationship Domestic International Over 20 years of Relationship 11
Slide 12: State of the Art Manufacturing Facilities
… State of the Art Manufacturing Facilities Chopanki Unit Chopanki & Kahrani ❖ Capacity of 30,000 Kms ❖ Manufactures LV Power, Instrumentation, Control & Speciality cables Rajasthan Kahrani Unit ❖ Capacity of 35,000 Kms ❖ Manufactures Control, Instrumentation, Fieldbus, PV Solar, EPR Insulated & oth
Slide 13: Certifications & Client Approvals
… Certifications & Client Approvals ❖ Manufacture cables conforming Type Tested by Major Approvals to International standards such as: EN, BS, IEC, VDE ❖ Hold BIS certification for all types of cables conforming to IS:1554(1)/1988 and IS:694-90 ❖ Quality Management System is ISO 9001:2008 Certified
Slide 14: Awards & Recognitions
… Awards & Recognitions Forbes Best Under a $ Billion – 2008 International Quality Crown Award – 2011 Ratna Shiromani Award International Business Times 1000 Fastest Growing Companies – 2012 14
Slide 15: We are Future Ready
We are Future Ready 15
Slide 16: Key beneficiary of Modernisation and Upgradation of India
Key beneficiary of Modernisation and Upgradation of India Backbone to Key Industries driving India’s Future… Renewable Power Freight Corridor Oil & Gas FMCG Smart Cities Ferrous & non Ferrous Metals Transmission & Distribution Metro Rail Refineries Chemicals Cement LPG Bottling Nuclear & Thermal Pow
Slide 17: Multiple Growth Drivers across Sectors
… with Multiple Growth Drivers across Sectors ❖ Oil & Gas ▪ Increase in safety measures, Replacement and new demand for speciality cables such as fire retardant and control cables to pick up as safety standards increase ▪ 2018-19 Budget set aside Rs. 87,000 crores for Exploration and production + Re
Slide 18: Dominance to grow beyond the Industry
… Dominance to grow beyond the Industry Indian Wire & Cables industry Sectors Driving Increase in Demand 686 518 596 ❖ Hydrocarbon Sector 451 392 ❖ Airport Modernization FY16 FY17 FY18E FY19E FY20E Rs. Bn. ❖ Freight Corridor Projects Speciality Cables at the cusp of growth ❖ Metro Rail Projects 31.0
Slide 19: Supported by Technologically Advanced Facilities
Supported by Technologically Advanced Facilities Chopanki Unit Kahrani Unit 19
Slide 20: With the Capabilities to Double the Production
With the Capabilities to Double the Production Key initiatives leading to strong With Cords leadership in Cable Space Industrial growth Low Investment for growth Emphasis on Quality Valued long term Client Relationships Current Capacity – 65,000 Kms p.a. Indian Wire & Cables industry Diverse Portfol
Slide 21: Increasing Focus on Sunrise Sectors
Increasing Focus on Sunrise Sectors Percentage Contribution to Revenues Metros & Freight Corridors Hydrocarbons Power Sector 11% 54% 40% 36% 8% 29% 28% 7% 36% 19% 18% 3% 2% 9% 6% FY15 FY16 FY17 FY18 FY19 FY15 FY16 FY17 FY18 FY19 FY15 FY16 FY17 FY18 FY19 Order Book Break-up FMCG & Industry Water, 0.1
Slide 22: Approvals from esteemed clients (1/2)
Approvals from esteemed clients (1/2) Approved vendor for RDSO (Research Design & Standards Organization) under Government of India – Ministry of Railways ▪ This approval enables the company to offer "Underground Railway Jelly Filled Quad Cable for Signalling & Telecom Installations” to the Indian R
Slide 23: Approvals from esteemed clients (2/2)
Approvals from esteemed clients (2/2) Approval from Abu Dhabi National Approval from Samsung Revalidation of Enlistment from Oil Company [ADNOC] Engineering Co. Ltd. Engineers India Limited (EIL) ▪ Registered & Prequalified with ADNOC ▪ Registered as a Prequalified supplier for ▪ New validity of thi
Slide 24: Financial Highlights
Financial Highlights 24
Slide 25: Debt Profile
Debt Profile Total Debt Structure as of Q4FY19 Q1FY20 Finance Cost Break up Rs. Crs. 1.30 5.87 0.05 1.49 28% 0.89 0.55 72% 1.59 Cash Credit Interest on Suppliers Bank ^Discounting Preference Total Interest Term Loan Interest Charges & Dividend Term Loans Working Capital Loans Factorinig* ^ Bank Char
Slide 26: Strong Q1FY20 Financial Performance
Strong Q1FY20 Financial Performance Revenue (Rs. Crs.) EBITDA (Rs. Crs.) 20% 14% 110.0 9.8 91.6 8.6 Q1FY19 Q1FY20 Q1FY19 Q1FY20 EBITDA Margin % PAT (Rs. Crs.) 17% 9% 9% 1.6 1.4 Q1FY19 Q1FY20 Q1FY19 Q1FY20 26
Slide 27: Profit & Loss Statement as per Ind AS
Profit & Loss Statement as per Ind AS Particulars (Rs. Crs.) Q1 FY20 Q1 FY19 YoY Revenue 110.0 91.6 20% With a healthy order book and Direct Expenses 88.3 73.2 approvals from esteemed clients in Employee Expenses 5.3 4.1 place, we are confident of continuing Other Expenses 6.7 5.8 our strong perform
Slide 28: Balance Sheet as per Ind AS
Balance Sheet as per Ind AS Particulars (Rs. Crs.) Mar 19 Mar 18 Particulars (Rs. Crs.) Mar 19 Mar 18 ASSETS EQUITY & LIABILITIES Equity 134.6 127.3 Non-current assets 97.9 93.8 Equity Share capital 12.9 12.9 Property, plant and 96.4 92.3 Other equity 121.7 114.3 equipment Non-current liabilities 26
Slide 29: Consistent Performance over the years
Consistent Performance over the years Revenue (Rs. Crs) EBITDA (Rs. Crs) 9% 12% 416.7 39.2 365.4 35.5 33.1 323.4 29.3 283.3 27.3 265.0 FY15 FY16 FY17 FY18 FY19 FY15 FY16 FY17 FY18 FY19 PAT (Rs. Crs) Margins % 10% 10% 10% 10% 9% 28% 7.4 6.3 5.2 3.1 1% 2% 2% 2% 2.7 1% FY15 FY16 FY17 FY18 FY19 FY15 FY1
Slide 30: Cords Cable Industries Limited contact details
Cords Cable Industries Limited Strategic Growth Advisors Pvt. Limited CIN: L74999DL1991PLC046092 CIN: U74140MH2010PTC204285 Mrs. Garima Pant, Company Secretary Mr. Pratik R. Shah csco@cordscable.com pratik.shah@sgapl.net +91 97692 60769 Mr. Sandeep Kumar, General Manager sandeep@cordscable.com Mr. R
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