Mmp Industries Ltd. · NSE:MMP
Mmp Industries — FY2022 Earnings Presentation
24 slides from Mmp Industries's earnings presentation, Jun 10, 2022
Slide 1: Exchange filing cover letter for investor presentation
THROUGH ONLINE FILING Ref. No.: MMPIL / NSE / 2022-23/23 Friday, the 10 day of June 2022 The Manager, Listing Department, National Stock Exchange of India Limited “Exchange Plaza”, C - 1, Block G, Bandra –Kurla Complex, Bandra(East), Mumbai– 400051 MH IN Sub: Investors Presentation dated 10th June 2
Slide 2: Leadership & Excellence in Aluminium – Investor Presentation June 2022
Leadership & Excellence In Aluminium I N V E S TO R P R E S E N TAT I O N JUNE 2022 1
Slide 3: Agenda
Agenda About MMP Industries Business/Industry Overview Financial Overview Investment Rationale 2
Slide 4: About MMP Industries Limited (MMPIL)
About MMP Industries Limited (MMPIL) Leading Manufacturer of • Aluminum Powders (Bhandara, Hingna & Umred) • Aluminum Foils (Umred) • Aluminum Conductors / Cables (Bhandara) 3
Slide 5: MMPIL at a glance
MMPIL at a glance ALUMINIUM POWDERS • Significant investment in development of FY 2022 REVENUE Leading manufacturer of CAPACITY CONTRIBUTION various grades of Aluminium powders and aluminium powders, aluminium foils and aluminium conductors / 22,000 MTPA 77% Pharma grade Packaging Foils. cables for
Slide 6: Valuable Partners
Valuable Partners MMPIL 01 Promoter Holding: 74.48% | Public Holding: 25.52% STAR CIRCLIPS & ENGINEERING LTD. 02 MMPIL Holding: 26.06% | Promoter Holding: 73.94% • Largest manufacturer of Circlips, retaining rings and carbon steel fasteners in India • Portfolio of 800+ products supplied to the Globa
Slide 7: Leadership Team
Leadership Team Mr. Arun Bhandari, aged 66 years, is a B. Tech in Chemical Engineering from Institute of Technology, Banaras Hindu University, Varanasi with extensive industrial projects, Mr. ARUN BHANDARI operations, and management experience. Mr. Bhandari started his career as a GET at Managing Di
Slide 8: Milestones
Milestones 1981 1990 1996 2004 2011 2016 2020 Technical know- First atomizer ISO 9001 Sales cooperation Setting up of the Joint venture Migrated to Main how agreement commissioned certification with AVL Aluminium Agreement with Board to NSE with AVL Belgium (Belgium) for Conductor Toyo Aluminium var
Slide 9: Manufacturing Units
Manufacturing Units Capacity (MTPA) • 3 manufacturing facilities located near Nagpur, Maharashtra Division Installed FY22 Upcoming FY23 Total • Unit I – Maregaon, Dist. Bhandara (aluminium powders and aluminium Powders conductors / cables) Atomised 12,000 -- 12,000 Pyro & Flakes 9,600 1,400* 11,000
Slide 10: Product Portfolio
Product Portfolio Revenue share by end user EXISTING BUSINESS ALUMINIUM POWDERS ALUMINIUM FOILS ALUMINIUM CONDUCTORS/CABLES CAPACITY : 22,000 MTPA CAPACITY : 5,000 MTPA CAPACITY : 7,200 MTPA Revenue Share: 77% Revenue Share: 18% Revenue Share: 4% End User Grade wise Revenue Share Explosives/ 31.0 %
Slide 11: Customer logos
saul 7 parse | biltech 7 magicrete ‘2 Ss. ea Toyal Group ‘Sumitomo Chemical AVL Si | Fabudogll cl eli ip NATIONAL INDUSTRIES COMPANY
Slide 12: Customer logos (pharma)
torrent Caled PHARMA ajanta pharma limited HETERO HEALTHCARE SAA Aa Tablets (India) Limited Ges 5 / @ ) | ee * madras pharma / CapPLiN POINT LABORATORIES LTD. Anglo-French ond & Industries Ltd.
Slide 13: Business & Industry Overview
Business & Industry Overview 12
Slide 14: Aluminium Powders
Aluminium Powders EXPLOSIVE INDUSTRY It is a sensitizer in the production of explosives and provides the energy for explosion and blasting power Set up its first capacity in 1983 for aluminium powders in technical CONSTRUCTION (AAC BLOCK) collaboration with a Belgium company Ets. • Aluminium is used
Slide 15: Aluminium Foils
Aluminium Foils PHARMACEUTICALS Plain and printed blister & strip packaging in the pharma industry Integrated foil project for making bare foil, converted foil (coated, laminated, printed) FOOD PACKAGING Chocolates and household Building designed to enable edibles doubling of capacities of all secti
Slide 16: Aluminium Conductors / Cables
Aluminium Conductors / Cables MMPIL offers transmission and distribution conductors that are used for overhead transmission of power TOTAL INSTALLED Considering growing demand CAPACITY MTPA Company has set-up a forward integration capacity of Aerial Bunch Cables 15
Slide 17: Financial Overview
Financial Overview 16
Slide 18: Financial Highlights
Financial Highlights Revenue (₹Mn.) EBITDA (₹Mn.) PAT (₹Mn.) 142 1,535 Q U A R T E R L Y 87 92 69 773 Q4 FY21 Q4 FY22 Q4 FY21 Q4 FY22 Q4 FY21 Q4 FY22 Revenue (₹Mn.) EBITDA (₹Mn.) PAT (₹Mn.) 4,487 424 Y E A R 270 290 2,318 174 F U L L FY21 FY22 FY21 FY22 FY21 FY22 (Consolidated figures) 17
Slide 19: Segmental Performance (Revenue)
Segmental Performance(Revenue) ALUMINIUM POWDERS (₹Mn.) ALUMINIUM FOILS(₹Mn.) ALUMINIUM CONDUCTORS(₹Mn.) 1,085 378 Q U A R T E R L Y 700 64 50 19 Q4 FY21 Q4 FY22 Q4 FY21 Q4 FY22 Q4 FY21 Q4 FY22 ALUMINIUM POWDERS (₹Mn.) ALUMINIUM FOILS(₹Mn.) ALUMINIUM CONDUCTORS(₹Mn.) 3,467 804 Y E A R 2,106 169 187
Slide 20: Consolidated Income Statement
Particulars (₹ Mn) Q4FY22 Q3FY22 Q4FY21 FY22 FY21 Total Income 1,535 1,165 773 4,487 2,318 Total Expenses 1,393 1,067 686 4,064 2,048 Consolidated EBITDA 142 98 87 424 270 EBITDA Margin (%) 9% 8% 11% 9% 12% Income Finance Cost (Net) 10 12 6 36 17 Statement Depreciation 17 16 13 63 45 PBT 115 70 68 3
Slide 21: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (₹Mn) FY22 FY21 Particulars (₹Mn) FY22 FY21 ASSETS EQUITY AND LIABILITIES Non-Current Assets Shareholder's funds Property, Plants and Equipments 1,465 1,110 Share Capital 254 254 Intangible Assets 7 9 Reserves and Surplus 2,126 1,836 Capital Works in
Slide 22: Investment Rationale
Investment Rationale 21
Slide 23: Investment Rationale
Aluminium Foil vertical has began to add great value to the business. This will give a big boost to the top line and the margins over the next year or two. The continuously increasing pharma sector demand will ensure that foils will become the major growth driver to the Company. The Joint Venture wi
Slide 24: Thank You
Thank You For further information, contact: Sharad Khandelwal Siddesh Chawan CFO, MMP Industries Ltd Ernst & Young LLP / Investor Relations E: sharadk@mmpil.com E: Siddesh.Chawan@in.ey.com 23