Slide 1: Onward Technologies Limited FY20 Earnings Presentation
Onward Technologies Limited (BSE: 517536, NSE: ONWARDTEC) FY20 Earnings Presentation www.onwardgroup.com
Slide 2: Business Overview
Business Overview
Slide 3: Onward Technologies: At a Glance
Onward Technologies: At a Glance Who is Onward? For large global manufacturers, Onward is the Technology Services provider that translates vision into reality with flawless execution and capabilities across digital transformation suite, embedded systems, engineering services, data analytics, AI and
Slide 4: Business Snapshot
Business Snapshot What we do Industries we serve Focus Areas Product Lifecycle Management (PLM) Deliver Experience across: Automotive Consumer & Healthcare ❑ Connected Systems Internet of Things (IoT) ❑ Engineering R&D Analytics ❑ Digital Transformation Off - Highway Industrial Artificial Intelligen
Slide 5: Execution Capabilities – example 1
Execution Capabilities – example 1 World’s largest off highway and construction equipment manufacturer Design Design 2D and 3D engineering drawing supported with NPI Programs – Engineering services offered engineering services through CAD/CAM and CAE Digital Digital Automated engineering design fram
Slide 6: Execution Capabilities – examples 2 and 3
Execution Capabilities – examples 2 and 3 German based auto OEM US based medical technology firm Design Design Diverse sales and marketing data with no insights Re-engineered the entire hospital bed and derived suggested massive improvement Digital Digital Analytics platform built for sales and mark
Slide 7: Execution Capabilities – example 4
Execution Capabilities – example 4 Transportation and Diesel Locomotive Company Design Cost engineered every part of the locomotive and suggested lowest cost possible Digital Cost Engineering; BI dashboards to see where cost was more Decision 4 mn in overall savings to customer’s business operations
Slide 8: Business Growth Drivers
Business Growth Drivers New Capabilities Higher Revenues Margin Expansion International Business ▪ Focus on newly ▪ Increase wallet share of ▪ Higher margin paying ▪ Increase share of overseas established capabilities in existing clients practices in EDS and business from well Digital Transformation
Slide 9: FY20 Financial and Business Highlights
FY20 Financial and Business Highlights
Slide 10: Managing Director's Message
Managing Director’s Message ‘’I’m pleased to share the FY 19-20 annual performance of the company where we achieved our top primary goal of Net Debt Zero at a consolidated level. This was possible with the phenomenal effort of our entire team globally with high level focus on customer service & prov
Slide 11: FY20 Financial Highlights
FY20 Financial Highlights ➢ Onward Technologies Limited is now a long term debt free company ➢ Onward eServices Limited, a 100% subsidiary, repaid working capital facilities through internal accruals and is 100% debt free ➢ At a consolidated level, turned around the net debt position from (Rs. 12.6
Slide 12: FY20 Business Highlights
FY20 Business Highlights Marquee clients added: • Leading US based Life Sciences Company • German Luxury Car Manufacturer, one of the World’s Largest Car Maker • World’s largest auto tier 1 supplier Region wise updates: Vertical Key initiatives • Deepened presence into food processing and manufactur
Slide 13: FY20 Business Highlights
FY20 Business Highlights Client Solution • For one of their premium models, supported design and development of interior & exterior parts for UK based Luxury their facelift and future models Automotive OEM • Support provided right from feasibility of concepts, design & development of various parts,
Slide 14: FY20 Business Highlights
FY20 Business Highlights Client Solution Leading US based child • Involvement right from development of concepts, detail design and supporting this design to series seat manufacturer production • Reverse engineered the entire hospital bed basis on only the photo of the hospital bed without any Leadi
Slide 15: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Details (Rs. cr.) Q4 FY20 Q4 FY19 YoY (%) FY20 FY19 YoY (%) Income from operations 65.6 65.7 (0.1)% 271.5 261.0 4.0% Other Income 0.2 0.9 (74.3)% 1.1 1.2 (10.6)% Total Income 65.8 66.5 (1.1)% 272.6 262.2 4.0% Cost of Income 56.0 48.5 15.4% 211.4 193.1 9.5% Cost
Slide 16: Consolidated Financial Summary – FY20
Consolidated Financial Summary – FY20 In Rs. cr. Total Income EBITDA* PAT 9.0% 9.0% 3.9% 272.6 262.2 2.3% 23.6 24.4 10.1 6.2 FY19 FY20 FY19 FY20 FY19 FY20 EBITDA MARGIN PAT MARGIN *EBITDA = PBT + Interest + Depreciation
Slide 17: Consolidated Balance Sheet
Consolidated Balance Sheet In Rs. cr. ASSETS FY20 FY19 EQUITY AND LIABILITIES FY20 FY19 Non-current assets Equity PP&E 8 10 Share Capital 16 16 Intangible Assets 4 6 Other equity 52 45 Intangible Assets under dev. - 0 Sub total - Shareholders' fund 68 61 Right of use asset 16 - Non-current liabiliti
Slide 18: Consistent Operating Performance – Last 5 years
Consistent Operating Performance – Last 5 years In Rs. cr. Total Income EBITDA 262 273 249 24 24 226 191 200 15 16 13 14 FY15 FY16 FY17 FY18 FY19 FY20 FY15 FY16 FY17 FY18 FY19 FY20 Dividend/Share (in Rs.) 1.5 1.5 1 1 1 FY15 FY16 FY17 FY18 FY19 FY20 Calculation Methodology: 1) EBITDA = PBT + Interest
Slide 19: Robust Balance Sheet – Last 5 years
Robust Balance Sheet – Last 5 years In Rs. cr. Net Worth Book Value/Share (in Rs.) Net Debt 43 39 23 32 17 28 16 22 24 12 13 61 68 50 (4) 36 42 32 FY15 FY16 FY17 FY18 FY19 FY20 FY15 FY16 FY17 FY18 FY19 FY20 Cash/Share (in Rs.) 14 5 3 2 2 2 FY15 FY16 FY17 FY18 FY19 FY20 Calculation Methodology: 1) Ne
Slide 20: Investor Snapshot
Investor Snapshot Market Data As on 15.05.2020 (BSE) Market Capitalisation Rs. 65.5 cr. Market Capitalisation Free Float (~35%) Rs. 22.9 cr. Closing Price Rs. 40.7 No. of shares outstanding 1.6 cr. 52 week High – Low (Current Price % of high) Rs. 76.9 – 36.0 (~53%) Promoter Pledge Nil Shareholding P
Slide 21: Disclaimer
Disclaimer This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Onward Technologies future business developments and economic performance
Slide 22: Investor Relations Contact
Investor Relations Contact: Onward Technologies Limited 2nd Floor, Sterling Centre, Dr A.B. Road, Prasan Abichandani – VP (Corporate Finance and IR) Worli, Mumbai – 400018 Email ID: prasan_abichandani@onwardgroup.com CIN: L28920MH1991PLC062542 Rohan Rege – Churchgate Partners Email ID: onward@church