Ramkrishna Forgings Ltd · NSE:RKFORGE
Ramkrishna Forgings — Q1 FY2023 Earnings Presentation
28 slides from Ramkrishna Forgings's earnings presentation, Jul 21, 2022
Slide 1: Exchange Intimation Letter - Investors Presentation
RAMERISHNA FORGINGS LIMITED Date: 21 July, 2022 To To The Listing Department The Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, “Exchange Plaza” C-1, Block G, Dalal Street, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 001 Mumbai- 400 051 BSE SCRI
Slide 2: Q1FY23 Earnings Presentation
Q1FY23 RAMKRISHNA i FORGINGS Earnings LIMITED Presentation 21 July 2022 RAMKRISHNA FORGINGS LIMITED | 1
Slide 3: Table of Contents
TABLE OF CONTENTS 1. FINANCIAL HIGHLIGHTS 2. BRIEF CORPORATE JOURNEY 3. KEY INITIATIVES - IMPROVING REVENUE MIX - EV PRESENCE - ESG 4. CONFERENCE CALL DETAILS 18 24 RAMKRISHNA FORGINGS LIMITED | 2
Slide 4: Financial Highlights
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Slide 5: Q1FY23 Results at a Glance
Q1FY23 RESULTS AT A GLANCE YoY Growth Revenue % 65,074.59 Lakhs 57.62% EBDITA* = 14,369.56 Lakhs 50.75% PAT = 4,725.84 Lakhs 92.01 % EBITDA Margin 22.08 % -101 BPS Dividend = 0.50/Share (FV of Rs. 2/- each) * Excluding Other Income RAMKRISHNA FORGINGS LIMITED | 4
Slide 6: Key Operational Matrix
KEY OPERATIONAL MATRIX Particulars Domestic Markets QuFY23 20,726 QUFY22 11,684 77.39% Q4FY22 21,459 REVENUE MIX - QIFY23 Export Markets 9,770 10,221 4.41% 10,579 Total 30,496 21,905 39.22% 32,038 i , , . / -3.42% , , z , -7.65% , F . z 4.81% Sales Real ns (Rs. a Particulars QuFY23 Qury22 QaFy22 MAs
Slide 7: Manufacturing Capacity and Utilization
MANUFACTURING CAPACITY AND UTILIZATION Qi FY23 Q4 FY22 Q3 FY22 Q2 FY22 Ql FY22 Installed [eels Capacity Production Utilization Production _—‘Utilization —-Production —_—_Utilization Utilization (mT) (%) (mT) (%) (mT) (%) (mT) (%) Ring Rolling 24,000 7,018 116.97% 6,841 114.02% 6,918 115.30% 6,990 11
Slide 8: Key Ratios (YoY)
KEY RATIOS (YoY) GROSS MARGIN (%) 60.55% QUFY22 QUFY23 PAT MARGIN (%) 7.26% som QUFY22 QUFY23 qn eco een oooSanooooconecosessnesscad bpas seer E SS Soo ecOSOSSRSSOSOSESneSSE55 PBT MARGIN (%) 11.00% a QiFY22 QIFY23 EBITDA MARGIN (%) 23.09% Q1FY22 Q1 FY23 RAMKRISHNA FORGINGS LIMITED | 7
Slide 9: Strong Operating and Financial Performance
STRONG OPERATING AND FINANCIAL PERFORMANCE SUBSTANTIAL CAPACITY AUGMENTATION WITH HIGHEST REVENUE CLOCKING IN LAST 5 FINANCIAL YEARS, MUCH AHEAD OF PRE-COVID LEVELS... Capacity ary, 1% 58% 62% 17% utilisation | 2,285 wail, , 187k c® 1,807 & 153k 1,453 ul - - i U L [ 2017/18 2018/19 2019/20 2020/21 2
Slide 10: Strong Operating and Financial Performance
STRONG OPERATING AND FINANCIAL PERFORMANCE IMPROVING OPERATING AND FINANCIAL LEVERAGE... R/crores Opexas hof 78% 78% 17% 82% 69% 47x 4x revenue 15x 15x 13x 1575 29x 1,133 14i0 0.8x 0.9x 2.5x l l : | l l | 201718 = 2018/19 2019/20 2020/21 = 2021/22 2017/18 2018/19 2019/20 2020/21 2021/22 | 2017/18 20
Slide 11: Brief Corporate Journey
BRIEF CORPORATE JOURNEY Commissioned a hollow spindle line and a press line with annual installed capacities of Received equity and debt funding from Investment 10,200T from UTI Venture Funds IFC Commissioned 2 Management Company of its press lines (Ascent Capital Limited) Equity funding from with a
Slide 12: Our Core Strengths
OUR CORE STRENGTHS + Geographical - Further diversification into international markets CONTINUED FOCUS ON + Sector -Increasing the gamut of products that are currently manufactured towards non- DIVERSIFICATION automotive customers + Product - Diversification into high margin, niche products and EV C
Slide 13: Key Initiatives
KEY INITIATIVES
Slide 14: Improving Revenue Mix
IMPROVING EV ESG REVENUE MIX PRESENCE VISION
Slide 15: Revenue Mix Across Segment
REVENUE MIX ACROSS SEGMENT By Geography 13% QIFY23 FY22 ‘ed ®Asia — Europe ™ North America By Segment a A ™Auto Non Auto By Industry QUFY23 Automobiles Railwa ys ~ << @ Mining, Earth Moving, Farm & Gen. Engg RAMKRISHNA FORGINGS LIMITED | 14
Slide 16: Rail Road Update
RAIL ROAD UPDATE OO Jp i JOOHe (7) Railway Passenger coaches undercarriage items like Bogie frame & Bogie bolster with strong quality adding to robust performance is making RKFL on its verge of entering in the preferred category. g@ Locomotive undercarriage capacity assessment completed with positiv
Slide 17: EV Presence
IMPROVING EV ESG REVENUE MIX PRESENCE VISION
Slide 18: EV Programs Running Globally
EV PROGRAMS RUNNING GLOBALLY EUROPE 1 Customer NORTH AMERICA QO 1Program LGustomer “ vs. INDIA / ASIA PACIFIC v 5 Programs ee SS 3 Customer QO 3 Programs Y¥ 6 Programs ~~ 3 Programs ee Seevenace eueeeeee soe ‘coos? ov eeee, CAFS PTT? ¥ Programs in Serial Productions RAMKRISHNA FORGINGS LIMITED | 17
Slide 19: ESG Vision
IMPROVING EV ESG REVENUE MIX PRESENCE VISION
Slide 20: Planet
Planet ¥ ls Adopting Clean Energy Raw Material Sourcing a Waste Management Employees, Suppliers & Local Community Valuable Partnerships Rewarding Workplace 2 dei Empowered Community Business Longevity & Profitability Effective Corporate Governance A Effective Risk Management
Slide 21: ESG Is Core to How We Conduct Ourselves
ESG IS CORE TO HOW WE CONDUCT OURSELVES Over the last 12 months the company embarked on a transformational journey to engage with our Key Stakeholders, identify high priority ESG areas and set ambitious environmental, social and governance goals ENVIRONMENTAL CONSCIOUSNESS ROBUST GOVERNANCE We will
Slide 22: Key Metrics to Achieve Our ESG Vision
KEY METRICS TO ACHIEVE OUR ESG VISION B HY ENVIRONMENT SOCIAL GOVERNENCE EMISSIONS 50% Renewable energy H mix by 2028 : SUPPLY CHAIN MANAGEMENT 100% Supplier Audits by 2024 BOARD DIVERSITY 10% Women representation on Board by 2030 WATER MANAGEMENT : ° 2050 | 100% Achieve H Recycling of water Carbon
Slide 23: Our ESG Achievements as of FY2022
OUR ESG ACHIEVEMENTS AS OF FY2022 ENVIRONMENT The vision is to commit to preserving and protecting the environment across its operations + Developed GHG inventory based on ISO 14064 and reported the removal of 45.17 tonnes CO2e GHG emissions. + In FY2022, scrap recycled monitoring was implemented -
Slide 24: Steps Towards a Sustainable Supply Chain
STEPS TOWARDS A SUSTAINABLE SUPPLY CHAIN Localizing supply chains not only presents a tremendous opportunity to minimize emissions and energy use from storage to logistics. It also helps local communities thrive. Ramkrishna Forgings Limited recognizes these advantages and tapped into a network of me
Slide 25: Conference Call Details
CONFERENCE CALL DETAILS RAMKRISHNA FORGINGS LIMITED | 24
Slide 26: Q1 FY23 Earnings Call
Q1 FY23 EARNINGS CALL SCHEDULED ON: THURSDAY, 21 JULY 2022 AT 16:30 HOURS INDIA TIME PRE-REGISTRATION LINK CLICK HERE TO JOIN THE CALL RAMKRISHNA FORGINGS LIMITED | 25
Slide 27: Safe Harbor
SAFE HARBOR THIS PRESENTATION (IS NOT AN OFFER TO SELL ANY SECURITIES OR A SOLICITATION TO BUY ANY SECURITIES OF RAMKRISHNA FORGINGS LIMITED (THE “COMPANY”) ORITS SUBSIDIARIES (TOGETHER WITH THE COMPANY, THE “GROUP’) The material that follows is a Presentation of general background information about
Slide 28: Thank You
THANK YOU COMPANY : RAMKRISHNA FORGINGS LIMITED CIN: L74210WB1981PLC034281 MR. LALIT KUMAR KHETAN EXECUTIVE DIRECTOR & CFO E: LALIT.KHETAN@RAMKRISHNAFORGINGS.COM WWW.RAMKRISHNAFORGINGS.COM RAMKRISHNA FORGINGS LIMITED | 27
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