Bharat Wire Ropes Ltd. · NSE:BHARATWIRE
Bharat Wire Ropes — Q4 FY2023 Earnings Presentation
19 slides from Bharat Wire Ropes's earnings presentation, 2023
Slide 1: Earnings Presentation Q4-FY23/FY23
E A R N I N G S P R E S E N T A T I O N | Q 4 - F Y 2 3 / F Y 2 3 1
Slide 2: Company Snapshot
Company Snapshot One of the largest manufacturer of Manufacturing capability of Steel Wires, Steel Wire Ropes in India Strands, Slings and Wire Ropes with over thousands of varieties Management with combined Integrated state-of-the-art wire rope plants experience of over three decades with a Total M
Slide 3: Company Overview
Company Overview
Slide 4: Company Overview
Company Overview • Bharat Wire Ropes Limited (“BWR”) was originally incorporated in the year 1986, and later in 2010, it Revenues (INR Mn) and EBITDA Margins (%) was acquired by Mr. M L Mittal, current promoter and managing director. The company is headquartered in Mumbai, Maharashtra. 5,891 • The c
Slide 5: Exporting to 50+ countries across the Globe
Exporting to 50+ countries across the Globe Europe Finland Denmark Estonia Canada Poland UK Germany Ukraine Netherland Belgium Bulgaria North America Italy USA Turkey Azerbaijan Spain Nepal Kuwait Egypt Qatar Bangladesh Saudi UAE Asia Oman India Thailand Arabia Africa Singapore Uganda Indonesia Peru
Slide 6: Product Mix
Product Mix Wire Ropes Strands Slings Steel Wire 6-90 MM of various Mechanically Spliced, Hand High carbon steel wires Description Stay Wire, Structural construction like 6*19, Spliced, Spelter Sockets and ranging from 0.3mm to 5.5 6*36, 8*19, 35*7 etc. Strands and Earth Wire mm upto 2,360 N/mm^2 Sw
Slide 7: Applications
Applications Oil & Gas Cranes Mining Offshore Marine Elevator Structural Ship Mooring Roof Structure Ropes Industrial Cranes Speed Arresters Transmission Tower Industrial Cranes Offshore Cranes Suspension Bridge Ropes Elevator Ropes Dragline Drag & Hoist Trawl Warps Mobile Lattice Boom Cranes 7
Slide 8: Strategic Overview
Strategic Overview Catering to a wider customer base on account of its diversified product offering 1 Industrial Promotion Subsidy equivalent to 100% of eligible Efforts been made to focus on productivity and occupy the investments as per SGST for a maximum of INR 4,350 Mn, of maximum number of mach
Slide 9: Financial Overview
Financial Overview
Slide 10: Q4-FY23/FY23 Key Financial & Operational Highlights
Q4-FY23/FY23 Key Financial & Operational Highlights FY23 Operational Highlights: Q4-FY21 Q4-FY23Financial FinancialPerformance Performance • Company reported highest ever quarterly and yearly Revenue from Revenue from EBITDA Operations in Q4-FY23 and FY23. Operations EBITDA Margins INR 1,623 Mn INR
Slide 11: Key Operational Highlights
Key Operational Highlights Volume (In MT) Operational Revenue (INR Mn) +1 3 % 38,536 34,261 +4 3 % 5,891 4,107 FY22 FY23 FY22 FY23 EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margins (%) 1,388 4% +1 2 622 4% +3 5 621 23.56% 10.56% 137 15.12% 3.34% FY22 FY23 FY22 FY23 11
Slide 12: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q4-FY23 Q4-FY22 Y-o-Y Q3-FY23 Q-o-Q Revenue from Operations 1,623 1,345 20.7% 1,443 12.5% Total Expenses 1,166 1,133 2.9% 1,076 8.4% EBIDTA 457 212 NA 367 24.5% EBIDTA Margins (%) 28.16% 15.76% NA 25.43% 273 Bps Depreciation and amortisation expen
Slide 13: Annual Financial Performance
Annual Financial Performance Particulars (INR Mn) FY23 FY22 Y-o-Y Revenue from Operations 5,891 4,107 43.4% Total Expenses 4,503 3,486 29.2% EBIDTA 1,388 621 123.5% EBIDTA Margins (%) 23.56% 15.12% 844 Bps Depreciation and amortisation expenses 207 214 (3.3)% Finance costs 222 234 (5.1)% Other Incom
Slide 14: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY23 FY22 FY21 FY20 Revenue from Operations 5,891 4,107 2,502 2,577 Total Expenses 4,503 3,486 2,177 2,287 EBIDTA 1,388 621 325 290 EBIDTA Margins (%) 23.56% 15.12% 12.99% 11.25% Depreciation and amortisation expenses 207 214 217 218 Finance costs 222
Slide 15: Historical Balance Sheet
Historical Balance Sheet Particulars (INR Mn) FY23 FY22 FY21 Particulars (INR Mn) FY23 FY22 FY21 Equity 5,602 4,517 4,351 Non-Current Assets 5,070 5,583 5,784 (a) Equity Share Capital 679 638 626 (a) Property, Plant and Equipment 4,809 4,915 5,126 (b) Other Equity 4,923 3,879 3,725 (b) Capital Work
Slide 16: Financial Highlights
Financial Highlights Operational Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margins (%) 10.56% 5,891 622 1,388 3.34% 4,107 137 -6.71% 2,577 2,502 621 23.56% FY20 FY21 FY22 FY23 290 325 15.12% -23.67% -168 11.25% 12.99% FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 -610 Debt to
Slide 17: Capital Market Data
Capital Market Data 140% Stock Price (Upto 31st March, 2023) 120% 100% 80% 60% 40% 20% 0% -20% -40% Apr/2022 May/2022 Jun/2022 Jul/2022 Aug/2022 Sep/2022 Oct/2022 Nov/2022 Dec/2022 Jan/2023 Feb/2023 Mar/2023 BWR NSE Price Data (As on 31st March, 2023) INR Shareholding Pattern (As on 31st March, 2023
Slide 18: Disclaimer
Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the d
Slide 19: Thank You
Thank You