Titagarh Rail Systems Ltd · NSE:TITAGARH
Titagarh Rail Systems — Titagarh Wagons — Q1 FY2023 Earnings Presentation
15 slides from Titagarh Rail Systems's earnings presentation, Aug 16, 2022
Slide 1: Exchange filing cover letter for Earnings Presentation Q1 FY2023
f- TITAGARH 16% August, 2022 National Stock Exchange of India Limited Exchange Plaza Bandra-Kurla Complex Bandra (E), Mumbai-400051 Scrip Code: TWL (EQ) BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai-400001 Scrip Code: 532966 Sub: Earnings Presentation Ol FY2023 Dear Sirs, Please find at
Slide 2: Titagarh Wagons Ltd Earnings Presentation Q1 FY2023
Caserta Plant, Italy Titagarh Wagons Ltd (BSE:532966 ; NSE:TWL) Earnings Presentation 1 Q1 FY2023
Slide 3: Key Developments
Key Developments Bags the Single Largest Order Ever from the Indian Railways for 24,177 wagons valued at over Rs.7,800 crores ❖ Received the single largest order for 24,177 nos. of wagons from Indian Railways amounting to Rs. 7,800 crores approximately. Delivery is to be completed in a span of 39 mo
Slide 4: Transforming Business to Future Potential
Transforming Business to Future Potential Transforming Business by Creating Distinguished Freight and Passenger Rolling Stocks Segment • Well established business segment with strong order book of ~Rs. 8,465 Cr at the end June 2022. Freight Rolling • Largest installed capacity of 8400 wagons per ann
Slide 5: Q1 FY2023 In Review: Standalone
Q1 FY2023 In Review: Standalone Rs. In Crores Strong Performance with Revenue up by 27% and Profit After Tax up by 10% y-o-y Total Income EBITDA* Profit after Tax 11.2% 5.2% 27% 12% 10% 345 437 12.6% 49 23 6.0% 44 21 Q1 FY22 Q1 FY23 Q1 FY22 Q1 FY23 Q1 FY22 Q1 FY23 • Total Income registered a strong
Slide 6: Order Book: Standalone
Order Book: Standalone Standalone Order Book as on June - 2022: Rs. 10,041 Crore TWL India Order Book Breakup • Strong order book across all segments 365 • Around 84% of Indian order book is from Freight Rolling 1,211 4% stocks backed by recent order received from Indian 12% Railways Freight Rolling
Slide 7: Financial Performance: Standalone
Financial Performance: Standalone Q1 y-o-y Q4 q-o-q Year Ended y-o-y Rs. Crores FY2023 FY2022 Growth (%) FY2022 Growth (%) FY22 FY21 Growth (%) Total Income 436.9 344.8 26.7% 424.5 2.9% 1,497.7 1,037.2 44.4% EBITDA 48.8 43.5 12.2% 48.4 1.0% 181.7 130.7 39.1% Margin (%) 11.2% 12.6% 11.4% 12.1% 12.6%
Slide 8: Segment Performance: Standalone
Segment Performance: Standalone All the Business verticals has delivered strong growth on a Y-o-Y basis contributing to profitability Q1 YoY Q4 QoQ Year Ended YoY Rs. Crores FY2023 FY2022 Growth FY2022 Growth FY2022 FY2021 Growth Freight Rolling Stock Revenue 324.6 317.3 2.3% 334.0 (2.8)% 1,214.4 96
Slide 9: Italy Business
Italy Business Legacy orders are on verge of completion and will be fully executed by end of Q4 FY22 Legacy orders are on verge of completion and will be fully executed by end of Q2 FY23 Rs. In Crores Total Income • In January 2022, Italy has won a framework contract of Euro 280 mn 206 comprising of
Slide 10: Q1 FY2023 In Review: Consolidated
Q1 FY2023 In Review: Consolidated Rs. In Crores Total Income EBITDA Profit Before Tax & exceptional items 4.3% (27.7)% 10.4% 4.9% 539 7.2% 54 25 1.1% 516 39 6 Q1 FY22 Q1 FY23 Q1 FY22 Q1 FY23 Q1 FY22 Q1 FY23 • Total Income registered a growth of 4.3% on • EBITDA is Rs. 38.7 Crores, declined of 27.7%
Slide 11: Order Book: Consolidated
Order Book: Consolidated Strong Diversified order book across Indian and Italian business operations. Consolidated Order Book as of June 2022: ~Rs. 14,065 Crore Entity Wise Breakup 4,024 , 29% ~Rs. 14,065 Cr TFA June 2022 TWL 10,041, 71% 10
Slide 12: Financial Performance: Consolidated
Financial Performance: Consolidated Q1 y-o-y Q4 q-o-q Year Ended y-o-y Rs. Crores FY2023 FY2022 Growth (%) FY2022 Growth (%) FY22 FY21 Growth (%) Total Income 538.5 516.3 4.3% 498.7 8.0% 1,966.6 1,545.5 27.2% EBITDA 38.7 53.5 (27.7)% 32.4 19.4% 168.8 105.5 60.0% Margin (%) 7.2% 10.4% 6.5% 8.6% 6.8%
Slide 13: Segment Performance: Consolidated
Segment Performance: Consolidated Q1 YoY Q4 QoQ Year Ended YoY Rs. Crores FY2023 FY2022 Growth FY2022 Growth FY2022 FY2021 Growth Freight Rolling Stock Revenue 324.6 317.3 2.3% 334.0 (2.8)% 1,214.4 963.7 26.0% PBT 31.9 44.2 (27.9)% 37.5 (15.0)% 157.8 123.8 27.5% Margin (%) 9.8% 13.9% 11.2% 13.0% 12.
Slide 14: Disclaimer
Disclaimer This presentation contains statements that are “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Titagarh Wagons’ future business developments and economic performance. While
Slide 15: Titagarh Wagons Limited
Titagarh Wagons Limited Kolkata Registered & Corporate Office Titagarh Towers, 756, Anandapur, E.M. Bypass Kolkata – 700107, West Bengal, India T: +91 33 4019 0800 F: +91 33 4019 0823 E: corp@titagarh.in CIN: L27320WB1997PLC084819