Nitiraj Engineers Ltd. · NSE:NITIRAJ
Nitiraj Engineers — Q3 FY25 Earnings Presentation
35 slides from Nitiraj Engineers's earnings presentation, February 2025
Slide 1: Nitiraj Engineers Limited Investor Presentation Q3FY25
NITIRAJ ENGINEERS LIMITED Investor Presentation Q3FY25
Slide 2: Safe Harbour
SAFE HARBOUR This presentation and the accompanying slides (the “Presentation”), which have been prepared by Nitiraj Engineers Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any se
Slide 3: Content
CONTENT e Result Highlights e About Us e Journey e Products e Business Model e Management ¢ Growth Drivers e Financials INVESTOR PRESENTATION
Slide 4: Result Highlights Q3FY25
RESULT HIGHLIGHTS Q3FY25 Particulars YOY Growth% QO0Q Growth% Q3'25 vs Q3'24 Q3'25 vs Q2'25 Revenue 82% EBITDA PAT Comparison basis oniquaterly figures INVESTOR PRESENTATION
Slide 5: Management Comments
We are happy to announce our Q3 growth, led by developments that further strengthen our market position. Additionally, improvements in delivery schedules and product quality have led to higher repeat order rates. To enhance our workforce capabilities, we have implemented special training programs fo
Slide 6: About Us
ABOUT US J y We are one of the leading manufacturers of Electronic j Weighing Scales and Systems. Established in 1989, PHOENIX, our brand is renowned in Electronic Weighing industry in India. We also manufacture Currency Counting Machines and arange of Security & Automation Products for homes hotels
Slide 7: Journey
PHOENIX True way to weigh JOURNEY e Started as partnership firm in small town of Maharashtra i.e., Dhule with registered Trademark 1989-94 “PHOENIX’ e Awarded with “ Best Entrepreneur Award” by Government of Maharashtra e Started manufacturing unit at Silvassa (UT of D&NH) e Awarded with Jamanalal B
Slide 8: Journey
JOURNEY 2OII-17 2018-21 2022-24 INVESTOR PR ENTATION Developed and installed CGMS and MAA in Aanganwadis all over India to control malnutrition amongst children - huge orders under WCD department of Govt. of India Started new range of products - Currency Counting Machines Listed on “NSE SME “ Platfo
Slide 9: Our Products
Slide 10: Electronic Weighing Scales
ELECTRONIC WEIGHING SCALES Weighing scale plays mandatory and important role in day-to-day life. Weighing solutions starting from milligrams to tons including: e Person weighing scales Jewellery scales with 10 mg accuracy Tabletop scales upto 30 kg capacity Platform scales upto 5-ton capacity Crane
Slide 11: Currency Counting Machine
CURRENCY COUNTING MACHINE Cash counting and counterfeit note detection is process widely required with high speed and accuracy PLNC 3/4 - Currency counting machine with counterfeit note detection PVC-101 —- Mix note value counter with counterfeit note detection are demanded from market Target Market
Slide 12: Security and Automation
“True way to weigh SECURITY AND AUTOMATION e This segment includes products such as Access control system, video door phones, audio door phones and remote locks for home security and convenience. e Wired as well as wireless models are available. e Hotel RFID locks, Room number plates and power savin
Slide 13: Product Range
PRODUCT RANGE Product Name scription / Application Used in Jewellery Shops & Laboratories / Paper Industries Jewellery Scale — ; 3 Highest accuracy of 10 mg Carat counting, percentage & GSM functions Used by Departmental Stores, Grocery Shops, Packaging Industries etc. Tabletop Scale ne il, i Variou
Slide 14: Product Range
PRODUCT RANGE Product Name Used at Steel Plants, Dockyards, Fabricators, Vehicle Junk Yards, Construction Sites, Foundries Hanging Scales => - IR Remote Control Operation Pocket scale is widely used for weighing gas cylinders and at airports Very sturdy Pallet Truck with weighing mechanism used at i
Slide 15: Product Range
PHOENIX True way to wetgle PRODUCT RANGE Product Name Product Description / Application = Specially designed to weigh recipe items accurately Kitchen Scales ' = Light weight, Portable = Ideal for Hospitals, Clinics, Schools, Health clubs, Physical examination centers, Gym etc. Body Mass Index (BMI)
Slide 16: Business Model
BUSINESS MODEL
Slide 17: Business Operations
BUSINESS OPERATIONS Currency Counting Security & Automation E ic Weighing Scal eee ening Scale Machines Products ~95% of Revenues ~5% of Revenues Jewellery Range ———_* ~5% of Revenues ~15% of Revenues ~70% of Revenues ~5% of Revenues INVESTOR PRESENTATION
Slide 18: Management
Mr. Rajesh Bhatwal CEO & MD He completed his BE in Electronics and subsequently founded the company in 1989. His determination to provide as perfect a product as possible, his passion and love for the company, his unending motivation, problem-solving attitude and guidance to the entire team and his
Slide 19: Growth Drivers
GROWTH DRIVERS
Slide 20: Venturing into Drones
VENTURING INTO DRONES Key Personnel Hired an oa scientist developme drones. Revenue Model license DGCA INVESTOR PRESENTATION Features Tie-Up Target Market Capacities New Developments We manufactured two drones and successfully completed field trial. Project pipeline is progressing.
Slide 21: Authorised RPTO by DGCA
AUTHORISED RPTO BY DGCA Our company has been authorized as a "Drone- Remote Pilot Training Organization (RPTO)" by the Directorate General of Civil Aviation (DGCA), Government of India. drone.nitiraj.net INVESTOR PRESENTATION CERTIFICATE OF 425.26, Awdhan MIDC Dhulo, Mé 424006
Slide 22: Commercial Segment in Boom
COMMERCIAL SEGMENT IN BOOM High Demand India’s manufacturing activity hit a 16-year high of 59.1 PMI this March, a survey by S&P Global. Wide Range Cater to all types of weighing scales used in industrial and mechanical segments. Ay) Growth More than 140% growth in revenues from commercial weighing
Slide 23: Uptick in Security & Automation
UPTICK IN SECURITY & AUTOMATION Development Installation Entry in B2B Outlook Testing Phase Improvement Currently only in B2C Expected Growth Developed a range of new products like audio door bell, remote locks for home security and convenience, Hotel RFID locks, power saving switches, etc 1500 inst
Slide 24: Entering Export Market
ENTERING EXPORT MARKET After COVID, Anti-China sentiment lead Germans to look for other country for their weighing scale needs. Germans visited India after COVID and inspected around 16-18 weighing scale manufacturing plants. Germans also visited our manufacturing facility and ordered to supply prot
Slide 25: Expanding Distribution
EXPANDING DISTRIBUTION CURRENT @) EXPECTED Presence 20 Branch Offices 400 Dealer Network across country Expected Presence Expect to expand presence in new states including Jharkhand, MP, Rajasthan, Punjab and others. 400 Dealers INVESTOR PRESENTATION + 6 States
Slide 26: Current and Expected Capacity
CURRENT Total Area : Land of 8 acres has been acquired for world-class, state-of-the-art manufacturing facility in Dhule, Maharashtra. Production Capacity: 3000 machines per day We also expanded capacities by 50,000 saft Capacity Utilisation: 50% INVESTOR PRESENTATION INCREASE IN CAPACITY UTILIZATIO
Slide 27: Industry Growth
INDUSTRY GROWTH Global Electronic Weighing Scale Market Size was valued at USD 8.7 Billion in 2023. The electronic weighing scale market industry is projected to grow from USD 9.24 Billion in 2024 to USD 14.2 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.51% during the foreca
Slide 28: Financial Performance
FINANCIAL PERFORMANCE
Slide 29: Financial Performance
FINANCIAL PERFORMANCE In Lakhs PARTICULARS} Q3 FY 25 Q3 FY 24) YOY%!| Q2 FY 25) Q0Q% FY 2024 9M FY25 9M FY24 Net Sales 3,716.82 2,041.91 82% 1,276.93 191%) 10,143.20 5,447.21 4,835.49 Total Expenditure} 2,846.21 1,755.78 1,273.32 8,549.00 4,793.23 4,232.27 EBITDA & Exceptional Item 970.49 374.09 90.
Slide 30: Our New Launches
OUR NEW LAUNCHES “Comes with Android app that calculates and shows 2 health parameters in list as well as graphical form! |
Slide 31: Our New Launches
OUR NEW LAUNCHES
Slide 32: Our New Launches
OUR NEW LAUNCHES PHOENIX Hotel products range RFID Card Power Switch
Slide 33: ISO 9001:2015 Qualified
PHOENIX True way to weigh ISO 9001:2015 QUALIFIED We now have a team of 15 certified internal auditors after completing ISO 9001:2015 training.
Slide 34: Our Facilities
OUR FACILITIES froma sic ss Sie Fee — A, i ee = a3 Th
Slide 35: Connect with us
“True way to weigh Connect with us. “True way to weigh Investor Relations Nitiraj Engineers Limited Twenty Eighth Consulting Investor@nitiraj.net www.nitiraj.net Ms. Palak Agarwal palak@twentyeighthconsulting.com oA Vy, f, , INV ES To R fig SENTATION