Hi-tech Pipes Ltd. · NSE:HITECH
Hi-tech Pipes — Q1 FY19 Earnings Presentation
34 slides from Hi-tech Pipes's earnings presentation, Aug 11, 2018
Slide 1: Cover letter to National Stock Exchange of India
HI-TECH PIPES LIMITED To, ae 11-August-2018 National Stock Exchange of India Limited Exchange Plaza, Plot No.C/1, G Block, Bandra Kurla Complex (E), Mumbdi-400051, Symbol: HITECH Subject: Result updates Presentation Dear Sir/ Madam, In reference to the above captioned subject, please find enclosed h
Slide 2: Result Update Presentation August 2018
Hi Tech Pipes Limited Result Update Presentation August - 2018 Multiplying Growth Through Value Addition
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Hi-Tech Pipes Limited (the “Company”) solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any con
Slide 4: Table of Contents
Table of Contents Chairman’s Message Financial Highlights Company Overview Business Overview Way Ahead 3
Slide 5: Chairman's Message
Chairman’s Message Financial Highlights Company Overview Business Overview Way Ahead
Slide 6: Chairman's Message
Chairman’s Message Commenting on the quarterly results, Mr. Ajay Kumar Bansal, Chairman and Managing Director, Hi- Tech Pipes Limited said : “It gives me immense pleasure to share with you the performance of our Company for the Quarter ended 30th June 2018. I am happy to share that this quarter once
Slide 7: Financial Highlights
Chairman’s Message Financial Highlights Company Overview Business Overview Way Ahead
Slide 8: P&L Highlights – Q1 FY19 (YoY)
P&L Highlights – Q1 FY19 (YoY) Volume 24% Revenue 59% EBITDA 32% 60,021 MT Rs. 321.5 Cr Rs. 17.4 Cr 54% 50% PAT Basic EPS in Rs. Rs. 6.5 Cr Rs. 6.16 vs Rs. 4.12 (Q1 FY18) • Revenue growth driven on account of higher volumes and increased realizations • Increase in EBITDA on account of operational ef
Slide 9: Q1 FY19 Highlights
Q1 FY19 Highlights Rs. in Cr Q1 FY19 Q1 FY18 Y-o-Y % Q4 FY18 Q-o-Q % Total Income from Operations 321.5 201.9 59.3% 282.3 13.9% Raw Materials 292.1 179.2 255.9 Employee Cost 3.3 2.8 3.0 Other Cost 8.7 6.6 8.4 Total Expenditure 304.1 188.6 267.3 EBITDA 17.4 13.3 31.6% 15.0 16.4% Interest 6.8 6.5 7.1
Slide 10: Annual Financial Highlights – FY18
Annual Financial Highlights – FY18 Volume 43% Net Revenue 59% EBITDA 51% 226,023 MT Rs. 1015.7 Cr Rs. 60.1 Cr 102% 102% PAT Basic EPS in Rs. Rs. 21.0 Cr Rs. 20.39 vs Rs. 10.08 (FY 17) 9
Slide 11: Annual Financial Highlights
Annual Financial Highlights Volume MT (in 000’s) Revenue (Rs. Cr) 360 Capacity Sales 300 1015.7 240 226.0 180 180 158.4 637.4 137.8 503.9 458.4 95.7 100.1 384.8 FY14 FY15 FY16 FY17 FY18 FY14 FY15 FY16 FY17 FY18 EBITDA (Rs. Cr) / Margin (%) PAT (Rs. Cr) / Margin (%) 70 12% 30 4% 60 25 50 6.3% 20 6.3%
Slide 12: Segment Wise Revenue Break Up
Segment Wise Revenue Break Up Contribution – FY18 Contribution – FY17 Engineered Engineered Products Products 6% 8% Flat Steel Flat Steel 25% 21% Tubular Tubular 73% 67% * Numbers as per Ind AS guidelines 11
Slide 13: Annual Financial Highlights – FY18
Annual Financial Highlights – FY18 Rs. in Cr FY18 FY17 Y-o-Y % Total Income from Operations 1015.7 637.4 59.3% Raw Materials 913.3 562.7 Employee Cost 12.1 10.6 Other Cost 30.1 24.3 Total Expenditure 955.5 597.5 EBITDA 60.1 39.9 50.8% Interest 27.4 20.5 Depreciation 4.0 6.9 Other Income 1.3 2.4 Prof
Slide 14: Key Ratios
Key Ratios ROA (%)* RoCE (%)# 4.7% 19.1% 14.7% 15.2% 15.8% 2.9% 11.9% 2.3% 2.3% 1.2% FY14 FY15 FY16 FY17 FY18 FY14 FY15 FY16 FY17 FY18 RoE (%)^ 22.1% 14.5% 11.9% 11.4% 7.8% FY14 FY15 FY16 FY17 FY18 (*ROA = Net Profit/ Total Assets,# RoCE = EBIT/(Average shareholders fund + long term borrowings + sho
Slide 15: Balance Sheet As On 31st March
Balance Sheet As On 31st March st st st st As on 31 As on 31 As on 31 As on 31 Rs. in Cr Rs. in Cr Mar - 18 Mar - 17 Mar - 18 Mar - 17 Equity 113.6 76.9 Non-current Assets 149.4 96.0 Equity Share Capital 10.5 10.3 Property, Plant and Equipment 123.9 81.1 Other Equity 103.1 66.6 Capital Work in Progr
Slide 16: Company Overview
Chairman’s Message Financial Highlights Company Overview Business Overview Way Ahead
Slide 17: Company Overview
Company Overview Incorporated in 1985 ▪ Amongst leading steel processing companies in India providing world class innovative products for nearly 3 decades Powerhouse of Engineering Excellence ▪ Presence in steel pipes, hollow sections, tubes, cold rolled coils & strips, road crash barriers, solar mo
Slide 18: Journey So Far
Journey So Far ▪ Unit 2 at Sikandrabad to manufacture steel tubes ▪ Installation of & hollow sections continuous galvanising ▪ Started commercial line production of Steel ▪ Installation of Hot tubes & hollow section Dipped Galvanised at State of Art Sanand Facility (Gujarat) facility ▪ Listing in NS
Slide 19: Professional Management
Professional Management • Commerce Graduate from Delhi University • Industry Stalwart with more than 35 years of rich experience Mr. Ajay Kumar Bansal • He has been nominated as Chairman of Federation of Indian Industries Chairman cum Managing Director (Steel Tube Panel) representing entire steel tu
Slide 20: Business Overview
Chairman’s Message Financial Highlights Company Overview Business Overview Way Ahead
Slide 21: Business Overview
Business Overview Flat Steel Cold Rolled sheets & strips Galvanized Coils Engineering Tubular Steel Tubes & Pipes Products Hollow Sections Metal crash Barriers Pre Galvanized Tubes Solar Structures Hot dipped GI pipes 20
Slide 22: Different Products – Flat Steel
Different Products... ...Catering to wide array of applications Flat Steel CR Sheets & Strips Galvanized Coils Cold Formed Sections Stampings Construction Automobile Industry Auto & Auto Ancillaries Agriculture Civil Construction Transmission Chain Automobile Solar Mounting Structures Bicycle Parts
Slide 23: Different Products – Tubular
Different Products... ...Catering to wide array of applications Tubular Steel Tubes & Pipes Hollow Sections Pre Galvanized Tubes Hot Dipped GI Pipes Water Gas & Air Pipeline Casing HVAC Agriculture Automobiles Columns & Fence Cladding Plumbing Power & Industrial Boilers Handrails Roofing Green House
Slide 24: Different Products – Engineering Products
Different Products... ...Catering to wide array of applications Engineering Products Metal Crash Barriers Solar Structures Water Gas & Air Pipeline Ground mounted solar Automobiles power plants Power & Industrial Boilers Rooftop solar Transformers Street lighting Superheaters Solar water pumps Econo
Slide 25: Key Business Strengths
Key Business Strengths • Manufacturing facilities – strategically • Diversified, specialized located in key high growth markets of products North & West India • Catering to wide array of • Resulting in increased operational sector applications efficiencies • Market leader in Crash Barrier • Supplies
Slide 26: State-of-Art Manufacturing facilities
State-of- Art Manufacturing facilities • Manufacturing plant Sikandrabad, Uttar • Manufacturing unit in Hindupur Pradesh (UP) • Installed capacity of 1,20,000 mtpa • Installed capacity of 1,80,000 mtpa • Manufacturing unit in Sanand (Gujarat) • Installed capacity of 1,20,000 mtpa (60,000 mtpa under
Slide 27: Internationally certified
Internationally certified... ... Demonstrating our commitment to highest standards of Quality 26
Slide 28: Our Esteemed Customers
Our Esteemed Customers ~, ~ s. ? S, 2 S, , ‘ ¢ i Reliance Sauance Industries Limited iis d LANGO ‘Wet SAIL SUZLON a x A 4 BSNL G Gammon Conmecting tencin ‘ g pF& TF ofa THERMAX ASHOK LEYLAND & : ---------------~_ So ee Se © LARSEN & TOUBRO Fe Cc | 7 adani. 9 « RS & peo e nee enn nee ee ==, Us ca Us
Slide 29: Marquee Projects using Hi-tech products
Marquee Projects using Hi-tech products Grandstand Roofing Structure- Buddh International Circuit Toll Plaza- Bandra-Worli Sea Link Tensile Membrane Structures- Mumbai Airport Main Supporting Structures- Common Station Structure & Railing- Delhi Metro Structural Support Members- Foot Over Module Mou
Slide 30: Marquee Projects using Hi-tech products
Marquee Projects using Hi-tech products Fire Fighting Pipes- Seven Hills Hospital Mumbai Crash Barriers- Yamuna Expressway Towers- Suzlon Wind Farms Curtain Walling Structure- Mumbai New Structural Glazing Structure- Delhi T3 Walkways – Mumbai Skywalks Substation Tubular Structure- Powergrid Airport
Slide 31: Way Ahead
Chairman’s Message Financial Highlights Company Overview Business Overview Way Ahead
Slide 32: Government Impetus creating significant industry growth opportunity
Government Impetus creating significant industry growth opportunity • MS Black Tubes & Hollow Section for Roofing, Rails, Grills, Gate Etc. • Tubes And Pipes Used for Prefab home and shelters Housing for all • Large Hollow Section Pipe & Poles Used in Infrastructure Projects, Street Lighting, Sewage
Slide 33: Way Ahead
Way Ahead Aspiring to achieve one million ton installed capacity Become Globally Reputed Steel Processing Company Be known for technology and high quality specialized products 32
Slide 34: Thank you
Thank you HITECH HITECH:IN HITC.NS For further information, please contact: Company : Investor Relations Advisors : Hi- Tech Pipes Ltd. Bridge Investor Relations Pvt. Ltd. Mr. Anish Bansal Mr. Amit Sharma anish.bansal@hitechpipes.in amit@bridge-ir.com Ms. Aesha Shah aesha@bridge-ir.com http://www.hi