Ram Ratna Wires Limited · NSE:RAMRAT
Ram Ratna Wires — Q4 FY2024 Earnings Presentation
27 slides from Ram Ratna Wires's earnings presentation, May 2024
Slide 1: Ram Ratna Wires Limited Investor Presentation
Ram Ratna Wires Limited Investor Presentation May’ 2024
Slide 2: Cautionary Statement & Disclaimer
Cautionary Statement & Disclaimer The views expressed here may contain information derived from These statements are not guarantees of future performance publicly available sources that have not been independently and are subject to risks, uncertainties and other factors, verified. some of which are
Slide 3: Demand trend reshaping global copper consumption
Demand trend reshaping global copper consumption Growth in Energy sector Continued initiatives to add power capacity in response to higher peak demand Growing EV segment in Automotive sector Import Substitute: Supply of EV-grade winding wire for various motors & allied products to manufacturers Cons
Slide 4: Our participation in India's growth story
Our participation in India’s growth story Leading India’s Only manufacturer Proven track record manufacturer of Winding Wire in South Asia Offering widest range Revenue & PAT growing at of enamelled wires CAGR (4 years) of 17.2% & (0.016 mm – 5.000 mm) 39.0% respectively Fine & Ultra Fine Self Solde
Slide 5: Financial Highlights Q4 & FY'2024
Financial Highlights Q4 & FY’ 2024
Slide 6: FY 2023-24: Key Highlights
FY 2023-24: Key Highlights Delivering best-ever performance Production Revenue PAT Revenue from Operations FY 2023-24: 33,938 MT FY 2023-24: 2,615.1 Crores FY 2023-24: 50.4 Crores 10.4% 12.3% 17.5% Q4 FY’24: 8,970 MT Q4 FY’24: 674.9 Crores Q4 FY’24: 15.6 Crores 10.4% QoQ 8.9% QoQ 33.2% QoQ 7.9% YoY
Slide 7: Continued strong volume momentum
Continued strong volume momentum Quarterly Production in MT Yearly Volume (MT) Volume (MT) 8,970 8,314 8,128 33,938 30,748 25,510 Q4 Q3 Q4 FY' 23 FY' 24 FY' 24 FY' 22 FY' 23 FY' 24 QoQ 10.4% YoY 10.4% YoY 7.9%
Slide 8: Deep focus on operations leading to improved profitability
Deep focus on operations leading to improved profitability INR in Crores Revenue from Operations EBITDA/EBITDA Margin PAT/PAT Margin 4.0% 3.6% 4.0% 2.2% 1.9% 2.3% 675 27.3 15.6 642 25.8 13.8 620 22.6 11.7 Q4 Q3 Q4 Q4 Q3 Q4 Q4 Q3 Q4 FY' 23 FY' 24 FY' 24 FY' 23 FY' 24 FY' 24 FY' 23 FY' 24 FY' 24 • Ope
Slide 9: FY'24: Year of ever highest revenue & profitability
FY’24: Year of ever highest revenue & profitability INR in Crores Revenue from Operations EBITDA/EBITDA Margin PAT/PAT Margin 4.7% 3.9% 3.8% 2.4% 1.8% 1.9% 2,615 99.5 2,328 50.4 2,013 94.5 48.7 91.6 42.9 21-22 22-23 23-24 21-22 22-23 23-24 21-22 22-23 23-24 • Delivered consistent revenue growth back
Slide 10: Summarized financial position
Summarized financial position INR in Crores Particulars 22-23 23-24 Assets: Fixed Assets (Incl. CWIP) 109.08 150.46 Investments 95.71 74.18 Other Long Term Assets 20.64 55.19 Inventories 142.94 159.54 Receivables 305.84 260.56 Other Current Assets 44.54 80.75 Total Assets 718.75 780.68 Liabilities:
Slide 11: Strong financial indicators
Strong financial indicators RoE $ RoCE # 18.4% 23.4% 14.1% 21.5% 21.8% 12.6% 21-22 22-23 23-24 21-22 22-23 23-24 Debt/ Equity Ratio Cash conversion cycle(Days) 0.77 69 70 0.63 59 0.27 21-22 22-23 23-24 21-22 22-23 23-24 $ RoE( Return on Equity)= Profit after tax / Shareholders’ fund # RoCE( Return o
Slide 12: Consolidated result
Consolidated result INR in Crores Revenue from Operations EBITDA PAT 803 724 36.8 698 19.4 32.3 16.0 25.9 11.7 Q4 Q3 Q4 Q4 Q3 Q4 Q4 Q3 Q4 FY' 23 FY' 24 FY' 24 FY' 23 FY' 24 FY' 24 FY' 23 FY' 24 FY' 24 • Our investments in subsidiaries in scaling mode & started adding to topline numbers (particularly
Slide 13: Consolidated Result
Consolidated Result INR in Crores Revenue from Operations EBITDA PAT 2,983 119.3 54.2 54.6 2,650 110.7 109.0 47.0 2,289 FY' 22 FY' 23 FY' 24 FY' 22 FY' 23 FY' 24 FY' 22 FY' 23 FY' 24 Consolidated financials
Slide 14: Bhiwadi Manufacturing Facility Progress & Glimpse
Bhiwadi Manufacturing Facility Progress & Glimpse vCivil work relating to factory shed & roofing near to completion vMachine foundation work in progress vEPCG license received and import of machineries started vRequisite approvals for establishment of manufacturing facility obtained Actual site Pict
Slide 15: Symbol of our Brand's Presence
Symbol of our Brand’s Presence Trust Reliable supplier in American certifying Quality & Specifications approved Automotive industry Lab approval for applications in Indian Railway We are the proud member of ACMA with IATF 16949:2016 certification, it takes us way ahead of our competitors Assurance W
Slide 16: Our corporate journey & key milestones
Our corporate journey & key milestones we are proud of BSE Listing 1995 Production facility at Corporate Activities Investment in Bhiwadi, Rajasthan Subsidiary (expected to commence Investment in (Copper Tubes) production in Q2FY25) Subsidiary (BLDC 2017 Motors) 2020 Incorporation JV in Bangladesh 1
Slide 17: Our competitive edge that keeps us ahead
Our competitive edge that keeps us ahead Strong, experienced & Strong & long term Experienced associated Strong Business Board with high employees Partner level of Corporate Wide Product range Relationship Governance State of Art manufacturing facility
Slide 18: Our well invested assets driving growth
Our well invested assets driving growth Opportunity landscape for exponential business growth Global Copper 60% Holding 74% Holding Copper Tubes BLDC Motor / HUB Motor / HVLS Fans
Slide 19: Global Copper (GCPL): Copper Tube manufacturer
Global Copper (GCPL): Copper Tube manufacturer A brand built with Only manufacturer quality & technology with advanced ”Cast & Roll” Technology in India Import Substitution Fully integrated & ~ 70% of copper tubes automated facility presently imported using 100% online Eddy Current Testing system IN
Slide 20: EPAVO: Potential to create long term growth
EPAVO: Potential to create long term growth Transforming to more energy efficient environment Partnered with Epack Durable (Noida) BLDC Motor Hub Motor HVLS Fan AC / Ceiling Fans Electric Vehicles 2020 Commencement • Opportunity landscape for exponential business growth with allied sectors • Enrolle
Slide 21: Strong leadership of our board members
Strong leadership of our board members Shri Tribhuvanprasad Kabra Shri Mahendrakumar Kabra Shri Hemant Kabra Chairman Managing Director President & CFO (Executive Director) Shri Rameshwarlal Kabra Chairman Emeritus Padma Shri Awardee (Trade & Industry - 2018) Shri R. Kannan Shri Sandeep Jhanwar Shri
Slide 22: Backed by dedicated & long associated team
Backed by dedicated & long associated team Shri Satish Kumar Agarwal (Formerly Sr VP – Commercial now acting as a strategic advisor to the Company) Since inception CA by qualification and expert in financial strategies and tax planning, played a vital role in setting-up all the manufacturing facilit
Slide 23: Backed by dedicated & long associated team
Backed by dedicated & long associated team Shri Saurabh Gupta Company Secretary & Compliance officer Since 2015 CA & CS by qualification ensuring strict Corporate & Secretarial Compliances Shri Rajeev Maheshwari DGM - Commercial Since 2011 CA by qualification with the overall F&A responsibility; ins
Slide 24: Our commitment towards society
Our commitment towards society Our philanthropic activities arm 23 69 3 Giving Wings to Your Dreams Values Weeks Weeks Each Value 32 8 3.76 9640 6786 Subjects Life Values Lacs Teachers Schools Students Imparting Cultural & Moral education through various platforms
Slide 25: Translating into shareholders' value appreciation
Translating into shareholders’ value appreciation Share Price in INR 350 305 308 296 301 284 272 285 284 300 254 256 250 205 217 183 198 192 178 169 170 200 158 152 134 150 82 100 50 Sep’ 22 0 Mar’ 22 23 23 23 4 4 4 2 3 2 3 3 22 22 2 2 23 23 3 3 3 3 3 -2 -2 -2 l-2 -2 r-2 -2 -2 -2 -2 -2 -2 -2 -2 -2 n
Slide 26: Strong historical performance
Strong historical performance INR in Crores Revenue from Operations EBITDA/EBITDA Margin 17.2% CAGR 18% CAGR 4.7% 3.9% 3.8% 3.7% 2,615 99 2,328 95 92 2,013 1,387 51 20-21 21-22 22-23 23-24 20-21 21-22 22-23 23-24 PAT/PAT Margin Dividend (Rs / Share) 39% CAGR On pre Bonus (1:1) equity On post Bonus (
Slide 27: Registered office and corporate office
Registered office: Corporate office: Ram Ratna House, Victoria Mill Compound (Utopia City), Alembic Business Park (W), Pandurang Budha Karm Marg, Worli, Ground Floor, Bhailal Amin Marg, Gorwa, Mumbai - 400 013 Vadodara - 390 003 CIN : L31300MH1992PLC067802 www.rrshramik.com