Slide 1: Nitiraj Engineers Limited Result Update Presentation H2 & FY20
Nitiraj Engineers Limited Result Update Presentation H2 & FY20
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Nitiraj Engineers 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
Slide 3: Table of Contents
Table of Contents Financial Highlights Company Overview Business Overview Way Ahead Way Ahead 3
Slide 4: Financial Highlights
Financial Highlights
Slide 5: Standalone Financial Highlights – H2 FY20
Standalone Financial Highlights – H2 FY20 Rs. Cr H2 FY20 H2 FY19 Y-o-Y(%) H1 FY19 Revenue from Operations 21.87 37.31 (41.39%) 26.00 Raw Materials 10.41 17.26 15.72 Employee Cost 2.56 2.30 2.28 • Revenue Other Expenses 7.55 10.35 5.75 decline mainly Total Expenditure 20.51 29.91 23.75 on account of
Slide 6: Consolidated Financial Highlights – H2 FY20
Consolidated Financial Highlights – H2 FY20 Rs. Cr H2 FY20 H2 FY19 Y-o-Y(%) H1 FY19 Revenue from Operations 21.87 37.31 (41.39%) 26.00 Raw Materials 10.41 17.26 15.72 Employee Cost 2.56 2.30 2.28 • Revenue Other Expenses 7.55 10.35 5.75 decline mainly Total Expenditure 20.51 29.91 23.75 on account o
Slide 7: Revenue Break Up - Segmental
Revenue Break Up - Segmental H2 FY19 H2 FY20 Non - Govt. Sales, 38.15% Govt. Sales, 34.82% Non - Govt. Sales, 65.18% Govt. Sales, 61.85% 7
Slide 8: Revenue Break Up – Geographical
Revenue Break Up – Geographical* H2 FY19 H2 FY20 North, North, 5.45% South, 5.80% Central, Central, South, 8.54% 20.53% 9.39% 21.48% East, West, West, 37.88% 24.35% East, 26.65% 39.93% *Accounts for Non-Government sales 8
Slide 9: Standalone Financial Highlights – Annual
Standalone Financial Highlights – Annual Rs. Cr FY20 FY19 Y-o-Y (%) Revenue from Operations 47.86 53.88 (11.17%) Raw Materials 26.14 26.59 • Revenue Employee Cost 4.83 4.15 decline mainly Other Expenses 13.29 14.48 on account of Total Expenditure 44.26 45.22 EBITDA 3.60 8.66 (58.43%) decline in EBIT
Slide 10: Consolidated Financial Highlights – Annual
Consolidated Financial Highlights – Annual Rs. Cr FY20 FY19 Y-o-Y (%) Revenue from Operations 47.86 53.88 (11.17%) Raw Materials 26.14 26.59 • Revenue Employee Cost 4.83 4.15 decline mainly Other Expenses 13.29 14.48 on account of Total Expenditure 44.26 45.22 EBITDA 3.60 8.66 (58.43%) decline in EB
Slide 11: Revenue Break Up - Segmental
Revenue Break Up - Segmental FY19 FY20 Non - Govt. Sales, Non - Govt. Sales, 43.79% 49.80% Govt. Sales, Govt. Sales, 50.20% 56.21% 11
Slide 12: Revenue Break Up – Geographical
Revenue Break Up – Geographical* FY19 FY20 North, North, 6.18% Central, 6.36% South, Central, South, 20.13% 9.32% 19.93% 9.11% East, West, West, 36.83% East, 26.14% 27.51% 38.46% *Accounts for Non-Government sales 12
Slide 13: Standalone Balance Sheet Highlights - Annual
Standalone Balance Sheet Highlights - Annual As on 31st As on 31st As on 31st As on 31st Rs. Crs Rs. Crs Mar’20 Mar’19 Mar’20 Mar’19 Shareholders Funds 69.47 66.88 Non-current Assets 49.09 37.71 Share Capital 10.25 8.20 Property, Plant and Equipment 32.85 23.54 R&S 59.22 58.68 Intangible Assets 4.68
Slide 14: Consolidated Balance Sheet Highlights - Annual
Consolidated Balance Sheet Highlights - Annual As on 31st As on 31st As on 31st As on 31st Rs. Crs Rs. Crs Mar’20 Mar’19 Mar’20 Mar’19 Shareholders Funds 69.21 66.80 Non-current Assets 48.84 37.62 Share Capital 10.25 8.20 Property, Plant and Equipment 32.85 23.54 R&S 58.96 58.60 Intangible Assets 4.
Slide 15: Company Overview
Company Overview
Slide 16: Company Overview
Company Overview Leading manufacturer of Electronic Weighing Strong Geographical Presence Scales & Systems and Digital Fare Meters ▪ Installations across 5 countries ▪ Incorporated in 1989 ▪ Middle East, SAARC and African Countries ▪ Develops and sells products under own registered brand ‘PHOENIX’ S
Slide 17: Timeline
Timeline 2018- 2011- 2020 2017 ▪ Ventured into Government ▪ New plant commenced operations (in ▪ Developed and installed CGMS and MAA in Aanganwadis Supplies (State as well as Central Dhule, Maharashtra with land area of 8 all over India to control malnutrition amongst children - government) acres)
Slide 18: Management Team
Management Team Mr. Rajesh R. Bhatwal Mrs. Shakuntala R. Bhatwal Women Whole Time Director Chairman & Managing Director ▪ Over 27 years of experience in Electronics Weighing Scales ▪ Over 28 years of experience ▪ Responsibilities include overseeing manufacturing activities, ▪ Strong business acumen,
Slide 19: Key Strengths
Key Strengths Diversified Product Range Experienced Management Team ▪ Offering entire range of Electronic Weighing Scales ▪ Chairman Mr. Rajesh Bhatwal is engaged in catering to jewelry, commercial, industrial, health weighing scales and other electronic products’ and household markets business for
Slide 20: Business Overview
Business Overview
Slide 21: Domestic Industry Opportunity
Domestic Industry Opportunity Weighing Scales Currency Counting Machines ▪ Almost every transaction involves process of ▪ Cash counting and counterfeit note detection is weighing, due to which weighing scale plays process widely required with high speed and mandatory and important role in day-to-day
Slide 22: Diversified Product Portfolio… …Catering to various sectors
Diversified Product Portfolio… Industrial Commercial Jewellery Healthcare Household Automobile Range Range Range Range Range Range ▪ Currency Counting ▪ High Accuracy ▪ Baby Weighing ▪ Personal Weighing ▪ Electronic Fare ▪ Electronic Weigh Machine Weighing Balances Machines Scale Meters for auto Bri
Slide 23: Diversified Product Portfolio
Diversified Product Portfolio Product Name Product Description / Application ▪ Used in Jewellery Shops & Laboratories / Paper Industries Jewellery Scale ▪ Highest accuracy of 10 mg ▪ Carat counting, percentage & GSM functions ▪ Used by Departmental Stores, Grocery Shops, Packaging Industries etc. Ta
Slide 24: Diversified Product Portfolio
Diversified Product Portfolio Product Name Product Description / Application ▪ Used at Steel Plants, Dockyards, Fabricators, Vehicle Junk Yards, Construction Sites, Foundries Hanging Scales ▪ IR Remote Control Operation ▪ Pocket scale is widely used for weighing gas cylinders and at airports ▪ Very
Slide 25: Diversified Product Portfolio
Diversified Product Portfolio Product Name Product Description / Application ▪ Specially designed to weigh recipe items accurately Kitchen Scales ▪ Light weight, Portable ▪ Ideal for Hospitals, Clinics, Schools, Health clubs, Physical examination centers, Gym etc. Body Mass Index (BMI) Scale ▪ Autom
Slide 26: Diversified Product Portfolio
Diversified Product Portfolio Product Name Product Description / Application ▪ Hotel RFID locks, Room number plates and power saving switches Hotel Automation ▪ Infantometer - measure length of infants in recumbent position Health Monitoring Devices ▪ Stadiometer – measure height of adult and child
Slide 27: Some New Products
Some New Products ▪ Protective Face Shield : PFS-1 - provides complete coverage of eyes, nose and mouth from splashes, sprays and splatter of bodily fluids, designed for increased air flow & comfort and is washable & reusable ▪ Electromagnetic Weighing balances : NLB Series - uses electromagnetic fo
Slide 28: State of art Manufacturing Facility - New
State of art Manufacturing Facility - New Dhule, Maharashtra ▪ Total Area : Land of 8 acres has been acquired for world-class, state-of-the-art manufacturing facility including 4 buildings : ✓ Tool room and molding shop - area of 1,100 sq. meters ✓ Main Factory - area of 5,600 sq. meters ✓ Canteen b
Slide 29: State of art Manufacturing Facility
State of art Manufacturing Facility Parwanoo, Himachal Pradesh ▪ Installed Capacity - 400 machines per day ▪ Total Area – about 15,000 sq. ft. ▪ Tool Room section and Molding shop –have been shifted to new facility at Dhule, Maharashtra ▪ Other machineries - wave soldering machine, automatic calibra
Slide 30: Wide Distribution Network
Wide Distribution Network Domestic ▪ Pan India presence ▪ 17 branches across Maharashtra, Odisha and Chhattisgarh ▪ About 400 dealer network across India International ▪ UAE, Nepal, Sri Lanka, Malavi (Africa) More than 10 lakh satisfied customers and counting!! 30
Slide 31: Strong R&D – 'Innovation Room'
Strong R&D – ‘Innovation Room’ ▪ In-house R&D Center at Dhule, Maharashtra ▪ Strong team of ~ 15 expert engineers – continued focus on knowledge & skill upgradation ▪ Programming: Hands-on coding and programming in various environments like C language, Assembly language, Linux OS, Android OS ▪ PCB d
Slide 32: Way Ahead
Way Ahead
Slide 33: Way Ahead
Way Ahead New Manufacturing Unit: ▪ New manufacturing facility complete - world-class machineries and facilities in Dhule, Maharashtra ▪ New facility has commenced its commercial operations Marketing: ▪ Enhancing Brand Image through increased spend on advertisements and other promotional activities
Slide 34: Thank You
Thank You NITIRAJ NITIRAJ IN For further information, please contact: Company : Investor Relations Advisors : Nitiraj Engineers Limited Bridge Investor Relations Pvt. Ltd. Mr. Kailas Agrawal Mr. Amit Sharma Chief Financial officer amit@bridge-ir.com investor@nitiraj.net Ms. Disha Shah disha@bridge-i