Steelcast Ltd. · NSE:STEELCAS
Steelcast — Q1 FY24 Earnings Presentation
23 slides from Steelcast's earnings presentation, Aug 3, 2023
Slide 1: Covering letter to stock exchanges
AC/2079 03.08.2023 The Secretary, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Plot No.C/1, G Block, Dalal Street, Bandra-Kurla Complex, MUMBAI - 400 001 Bandra (E), Mumbai - 400 051 Scrip Code: 513517 Scrip Symbol: STEELCAS Dear Sir/Ma
Slide 2: Investor Presentation Q1 FY24
Investor Presentation Q1 FY24
Slide 3: Safe Harbor
Safe Harbor This presentation has been prepared by and is the sole responsibility of Steelcast Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation or induceme
Slide 4: Q1 FY24 Financial Performance
Q1 FY24 Financial Performance 3
Slide 5: Q1 FY24 Performance Highlights
Q1 FY24 Performance Highlights Q1 FY24 (Y-o-Y) Highlights Revenue 3.3 % The Revenue from Operations saw a marginal increase of 3.3% on a Y-o-Y basis. The demand in Global market seems to be slower and surging up 119.5 Crs in domestic market. The EBITDA margins for Q1FY24 were strong, reaching a peak
Slide 6: Q1FY24 Consolidated Key Highlights
Q1FY24 Consolidated Key Highlights Revenue (Rs. in Crs) EBIDTA (Rs. in Crs) PAT (Rs. in Crs) -1% +3% +4% +34% +4% +43% 120.3 119.5 119.5 32.3 32.3 20.3 20.3 115.6 31.0 19.5 24.1 14.1 Q4FY23 Q1FY24 Q1FY23 Q1FY24 Q4FY23 Q1FY24 Q1FY23 Q1FY24 Q4FY23 Q1FY24 Q1FY23 Q1FY24 Q-o-Q Y-o-Y Q-o-Q Y-o-Y Q-o-Q Y-o
Slide 7: FY23 Consolidated Key Highlights
FY23 Consolidated Key Highlights Revenue (Rs. in Crs) EBIDTA (Rs. in Crs) PAT (Rs. in Crs) 58% +79% 112% 476.8 114.0 70.5 302.0 63.7 33.2 FY22 FY23 FY22 FY23 FY22 FY23 Y-o-Y Y-o-Y Y-o-Y 6
Slide 8: Geographical Revenue growth (Y-o-Y)
Geographical Revenue growth (Y-o-Y) Exports Domestic -1500 bps +1500 bps 63.0% 52.0% 48.0% 37.0% Q1FY23 Q1FY24 Q1FY23 Q1FY24 Y-o-Y Y-o-Y 7
Slide 9: Revenue Breakup (Q1FY24)
Revenue Breakup (Q1FY24) Segment-wise Revenue (%) Geography-wise Revenue (%) Total 48.0% Total revenue Rs. revenue Rs. 52.0% 119.5 Cr 119.5 Cr 100.0% OEM Sales Domestic Exports 8
Slide 10: Quarterly Profit & Loss Statement
Quarterly Profit & Loss Statement Particulars (Rs.Crs ) Q1 FY24 Q1 FY23 Y-o-Y Q4FY23 Q-o-Q FY23 FY22 Y-o-Y Revenue from Operations 119.5 115.6 3.3% 120.3 -0.7% 476.8 302.0 57.9% Cost of Materials consumed 28.0 28.5 29.4 121.4 95.0 Changes in Inventories of finished goods & work in progress 6.6 7.9 0
Slide 11: Balance Sheet Ratios (FY23)
Balance Sheet Ratios (FY23) Long term Debt (Rs. Crs.) Short term Debt (Rs. Crs) Debt to Equity 63.0 28 0.45 0.40 0.25 13 25.0 23.6 0.18 9 17.0 14.0 0.10 0 0 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 RoCE RoE Working Capital (in Days) 42.
Slide 12: Company Overview
Company Overview 11
Slide 13: Diversified Business Model catering to Varied OEMs in Different Industries
Diversified Business Model catering to Varied OEMs in Different Industries Existing Segments* Earth Moving Industry Mining Mineral Processing Industry Electro Locomotive Steel Plants Cement Construction 12 * Business done is with all OEMs
Slide 14: Diversified Business Model: Future Growth Drivers
Diversified Business Model catering to Varied OEMs in Different Industries Continued (Future Growth Drivers) Foray into New Segments* Railways Ground Engaging Tools (GETs) Defence 13 * Business done is with all OEMs
Slide 15: Presence across the Globe
Presence across the Globe Denmark Poland South Korea Germany Slovakia USA China Japan India - Headquartered Mexico Thailand Singapore Brazil Australia Export Presence “Two-Star Export House Status holder” Expected to increase the presence in 15+ countries in the next 1 to 2 years Disclaimer: Map not
Slide 16: Key Strengths
1. Key Strengths Experienced Board back by a strong management team Diversified Business Model, catering to varied sectors Well Experienced Unique Business Team Model Strong R&D and Technological 5 MW Solar Power Plant & Technology Green Energy Capabilities. These also are entry 4.5 MW Hybrid Power
Slide 17: Certifications & Recognitions
Certifications & Recognitions Sr. No. Details 1 An ISO: 9001-2015 Company certified by TUV NORD, Germany (for Quality Management). 2 An ISO:45001-2018 Company certified by TUV NORD Germany (For Occupational Health & Safety Management System) 3 An ISO:14001-2015 Company certified by TUV NORD, Germany
Slide 18: Certifications & Recognitions
Certifications & Recognitions Sr. No. Details 6 Certified by Transportation & Power Generation Equipment Program, USA for “Foundry, “Heat Treating” &”NDT Testing” 7 Supplier Excellence Recognition (SER)- Certified level certification by Caterpillar Inc. USA 8 Class A approved foundry by Ministry of
Slide 19: Experienced Board of Directors
Experienced Board of Directors Mr. Chetan M. Tamboli, Managing Director & CEO • Aged 63 years, a third-generation entrepreneur, is a commerce graduate armed with an MBA Finance from USA • Serving as a CEO since 2003 with total experience of more than 34 years. Looks after strategy, policy making and
Slide 20: Experienced Board of Directors
Experienced Board of Directors Mrs. Aarushi M Ganatra (Independent Non- Mr. Kumar Tipirneni (Permanent Invitee ) Executive Director) • Aged 64 years, is a graduate in Commerce • Aged 83 years, is a B. Tech graduate (IIT, Khadagpur) armed with M.E. (Foundry) (IISc, Bangaluru). He is a • She also head
Slide 21: Future Strategy
Future Strategy 20
Slide 22: Rationalization Measures
Rationalization Measures Initiated a rationalization plan since last 2 years 01 02 03 04 05 Company has set up 5 Hybrid power plant Both these plants will Reduction in throughput As a result of our MW Solar Power Plant in already commissioned on meet around 80% of the time for processing of continuo
Slide 23: Thank You
THANK YOU Company: CIN: L27310GJ1972PLC002033 Name: Mr. Subhash Sharma, CFO Email ID: ss@steelcast.net Investor Relations Advisors: Mr. Ronak Jain Mr. Rajesh Agrawal +91 9820950544 +91 9967491495 ronak.jain@linkintime.co.in rajesh.agrawal@linkintime.co.in 22