Slide 1: Cover letter to National Stock Exchange
To, Manager (Listing) National Stock Exchange of India Ltd., Exchange Plaza, Plot No. C/1,G Block, Bandra-Kurla Complex, Bandra (E) Mumbai — 400 051 Fax No.: 022 66418125 Dear Sir/Madam, “i — 7 am FRG se ART BHARAT ELECTRONICS Ue sotaetiresy fies (ART ROR BI SMA, Vet Fae) Weipa wraters : amsex Fer e
Slide 2: Presentation on Bharat Electronics Limited
Presentation on Hearty Bharat Welcome Electronics to Limited Shri. G. Mohan Kumar Secretary - Defence Production
Slide 3: BEL Overview
BEL Overview Navratna PSU Manufacturing Network • Established in 1954 under MoD • R&D / Technology driven Company operating in competitive Defence Electronics area • Manpower: 9848 Employees Panchkula Kotdwara Ghaziabad Subsidiary & JVs Navi Mumbai • BEL Optronics Devices Ltd Hyderabad • Night Visio
Slide 4: Business Segments
Business Segments 1. Radar & Weapon systems 2. Communication 3. Electronic Warfare 4. Network Centric Systems 5. Anti submarine Warfare 6. Electro-Optics 7. Tank Electronics 8. Civilian Products Multi product, Multi technology company – Diverse product range
Slide 5: Research & Development
Research & Development • 50% Engg. Manpower deployed at 30 R&D Centers • 85% Sales Revenue from Indigenous R&D • R&D investment : 8% of Sales • CMMi Level 5 Certification for Software development • 3 Tier R&D Structure Blue Sky Research (Futuristic Technologies) Central Research Labs (SDR, Networkin
Slide 6: Expansion & Modernization
Expansion & Modernization • 500 Crores annual CAPEX • World class Manufacturing & Test facilities • Super Components Facility • Test set up for Missile System • Antenna Test Range Facility • High Roof hangar for Radar & Antenna Integration • Modern Production setup for Airborne applications • Enviro
Slide 7: Exports
Exports • Dedicated Business Unit & Marketing • Major products exported: Group for Exports • Ship Comn Systems, EW , EO Fire • Achieved USD 85 Million during 15-16 Control System, Radar Finger • Export Initiatives: Printing System, IFF, Hull mounted Sonar, Radar Warning Receiver, • Strategic allianc
Slide 8: Performance
Performance Rs Crores 7522 6695 6012 6174 5704 1167 1358 830 890 932 2011-12 2012-13 2013-14 2014-15 2015-16 Turnover PAT
Slide 9: Major Orders Executed in 2015-16
Major Orders Executed in 2015-16 • Akash Weapon System (Army & Air Force) • 3D Tactical Control Radar to Army • Schilka Upgrade to Army • Passive Night Vision Devices to Army • Low Level Light Weight Radar to Air Force • Fire Control System to Navy • Integrated Sonar Suite to Navy • Ship Data Networ
Slide 10: Major achievements in recent past
Major achievements in recent past Induction of Akash Missile System to Indian Air Force and Indian Army Akash is a great success story of the ‘Made in India’ initiative and BEL is proud to be a part of it
Slide 11: Major achievements in recent past
Major achievements in recent past Established Integrated Test Bed Facility for Missile and Weapons Systems Integration
Slide 12: Major achievements in recent past
Major achievements in recent past Foundation stone laid for Defence Systems Integration Complex
Slide 13: Major achievements in recent past
Major achievements in recent past Partnership agreement signed between Thales and BEL Thales Systems Limited for joint development of PHAROS Fire Control Radar
Slide 14: Major achievements in recent past
Major achievements in recent past Raksha Mantri’s Awards for Excellence for the years 2012-13 and 2013-14 in various categories
Slide 15: Scenario 2016-17 & Make in India
Scenario 2016-17 & Make in India
Slide 16: Major Projects planned during 2016-17
Major Projects planned during 2016-17 • Akash Weapon System • Weapon Locating Radar • Hand Held Thermal Imager with Laser Range Finder • 3D Tactical Control Radar • Fire Control System • L70 Gun Upgrade • Advanced Composite Communication System • Ship Borne EW System - Varuna • Radio Relay Frequency
Slide 17: 'Make in India' – Outsourcing Initiatives
‘Make in India’ – Outsourcing Initiatives • Purchase Procedure is being amended to incorporate Long term Agreements, Collaborative R&D, Procurement from MSME / Start-up • Preference for MSMEs in procurement as per Public Procurement policy • Exclusive Webpage created on Company’s website for “Make i
Slide 18: 'Make in India' – Expansion & Modernization initiatives
‘Make in India’ – Expansion & Modernization initiatives New infrastructure augmentation planned • Defence Systems Integration Complex, Anantapur • Micro Channel Plate Technology for NVDs • Product Development and Innovation Centre, Bangalore • Cooled Thermal Imager – Technology • Solar Power Plants
Slide 19: Future Outlook
Future Outlook • BEL to continue indigenisation efforts in keeping with ‘Make in India’ initiative • Radars, Missile Systems, Communication & Network Centric Systems, Tank Electronics, Gun Upgrades, Electro-Optic Systems and Electronic Warfare & Avionics Systems to drive BEL’s growth • Capacity enha
Slide 20: Word setae
A Word setae BHARAT LECTRONICS |
Slide 21: Analysts Meet 22.09.2016
Wore SANIT BHARAT LECTRONICS NWALYSTS MEET 22.09.2016
Slide 22: Financial Highlights 2015-16
Financial Highlights 2015-16 Turnover registered a growth of 12.35% from ` 6,694.57 Crores in 2014-15 to ` 7,521.64 Crores in 2015-16. Value of Production has increased from ` 6,658.54 Crores in 2014-15 to ` 7,782.09 Crores in 2015-16. An increase of 16.87%. Profit after tax rose by 16.31% fro
Slide 23: Financial Highlights 2015-16
Financial Highlights 2015-16 Turnover per employee has increased from ` 0.69 Crores in 2014-15 to ` 0.76 Crores in 2015-16. Earning Per Share has increased from ` 48.64 in 2014-15 to ` 56.57 in 2015-16. Book Value per Share has increased from ` 328.54 in 2014-15 to ` 363.91 in 2015-16. Net W
Slide 24: Turnover, Export Turnover, PBT and PAT
(` in Crores ) GROSS TURNOVER (US$ Millions) 7,522 EXPORT TURNOVER 6,695 6,012 6,174 85 5,704 58 42 38 33 2011 -12 2012 -13 2013 -14 2014 -15 2015 -16 2011-12 2012-13 2013-14 2014-15 2015-16 PROFIT BEFORE TAX(PBT) 1809 (` in Crores) (` in Crores) PROFIT AFTER TAX 1358 1467 1167 1175 1115 932 1075 89
Slide 25: Material Consumption and Employee Benefits Expense
MATERIAL CONSUMPTION TO VOP (DPE) (in %) 65.19% 63.93% 59.00% 56.43% 54.82% 2011 -12 2012 -13 2013 -14 2014 -15 2015 -16 EMPLOYEE BENEFITS EXPENSE TO TURNOVER 20.00% 18.95% 18.88% 1,200 18.48% 19.00% 17.31% 18.00% 1,000 16.68% 17.00% 800 16.00% 15.00% 600 14.00% 1,081 1,111 1,030 1,264 1,302 400 13.
Slide 26: Inventory and Trade Receivables
INVENTORY TO VOP (DPE) (` in Crores) 4500 4213 300 4000 3370 3427 250 3500 3271 3000 2792 200 202 208 2500 191 188 178 150 2000 1500 100 1000 TRADE RECEIVABLE TO TURNOVER 50 500 (` in Crores) 4129 300 0 0 3786 3712 2011-12 2012-13 2013-14 2014-15 2015-16 Inventory Inventory in No. of days to VOP (DP
Slide 27: EBITDA, ROCE and ROE
Return on Capital employed (in %) EBITDA to Turnover (in %) 17.00% 19.28% 17.09% 15.66% 14.44% 14.78% 15.19% 10.71% 10.58% 13.85% 2011-12 2012-13 2013-14 2014-15 2015-16 2011-12 2012-13 2013-14 2014-15 2015-16 Return on Capital Employed = PAT / Capital Employed RETURN ON EQUITY (ROE) (in %) 15.55% 1
Slide 28: EPS, Cash EPS and Total Dividend Paid
(in `) EARNING PER SHARE(EPS) (in `) CASH EARNING PER SHARE 56.57 63.61 48.64 55.05 38.82 37.08 44.74 34.58 42.52 39.61 2011-12 2012-13 2013-14 2014-15 2015-16 2011-12 2012-13 2013-14 2014-15 2015-16 EPS normalised for the previous periods due to issue of Bonus Cash Earning Per Share = (PAT + Deprec
Slide 29: R&D Expenses and Capital Expenditure
800 R&D EXPENSES TO TURNOVER (` in Crores) 10.00% 704 700 9.50% 9.00% 600 510 549 9.36% 8.50% 500 467 440 8.00% 400 8.48% 8.20% 7.50% 7.71% 7.56% 300 7.00% 200 CAPITAL EXPENDTURE/INVESTMENT 6.50% (` in Crores) 525 100 6.00% 2011-12 2012-13 2013-14 2014-15 2015-16 413 R&D Expenses R&D Expenses to Tur
Slide 30: Book Value, Price Earning Ratio, Market Capitalisation
(In % ) BOOK VALUE PER SHARE (` in Crores) PRICE EARNING RATIO 363.91 328.54 20.44 292.38 262.67 234.25 15.31 15.80 11.41 9.59 5622 6304 7017 7885 8734 2011-12 2012-13 2013-14 2014-15 2015-16 2011-12 2012-13 2013-14 2014-15 2015-16 Net Worth Book Value (In `) Book value normalised for the previous p
Slide 31: Shareholding Pattern as on 31st March, 2016
Shareholding Pattern as on 31st March, 2016 GOI, 75.02% FINANCIAL INSTITUTIONS OTHERS, 3.94% , 0.04% NRIs, 0.15% MUTUAL INSURANCE FIIs, 4.00% CORPORATE FUNDS, 8.29% COMPANIES, BODIES, 2.19% 6.37% 11
Slide 32: Quarterly Performance
QUARTERLY PERFORMANCE
Slide 33: Financial Highlights for 1st Quarter 2016-17
Financial Highlights for 1St Quarter 2016-17 (Ind-AS Compliant) (` in Crores) Particulars 2016-17 2015-16 Total Income from Operation (Net) 871.43 1,099.73 Net Profit for the period before tax 48.59 100.75 Net Profit for the period after tax 36.09 76.69 Earning Per Share (EPS in `) 1.50 3.20 (Previo
Slide 34: Bharat Electronics closing slide
ee, a HRT BVA MCTI A BHARAT ELECTRONICS EE Ee CO