Pg Electroplast Limited · NSE:PGEL
Pg Electroplast — Investor Presentation (August 2021)
33 slides from Pg Electroplast's investor presentation, Aug 23, 2021
Slide 1: Exchange filing cover letter
August 23, 2021 To, To, The Manager (Listing) The Manager (Listing) BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai - 400 051 Scrip Code: 533581 Scrip Symbol: PGEL By means of
Slide 2: PG Electroplast Company Overview August 2021
PG Electroplast Company Overview August 2021
Slide 3: Disclaimer
Disclaimer This presentation has been prepared for informational purposes only. This Presentation does not constitute a prospectus, Offering circular or offering memorandum and is not an offer or initiation to buy or sell any securities, nor shall part or all of this presentation from the basis of,
Slide 4: Agenda
Company Overview Manufacturing Capabilities Agenda Growth strategy Key Financials 3
Slide 5: Corporate Film
Corporate Film Please click on the logo or this link to view a short video about our company! ABCDEFABCDEF ABCDEFABCDEFABCDEFABCDEF ABCDEFABCDEF ABCDEFAB ABCDEFABCDEF ABCDEFABCDEFABCDEFABCDEF ABCDEFABCDEF ABCDEFAB ABCDEFABCDEF ABCDEFABCDEFABCDEFABCDEF ABCDEFABCDEF ABCDEFAB ABCDEFABCDEF ABCDEFABCDEFA
Slide 6: About PG Electroplast
About PG Electroplast §PG Electroplast Limited (PGEL) is the flagship company of PG Group, which had started its journey in 1977. PG Electroplast, formally set up in 2003, and is a leading, diversified Indian Electronic Manufacturing Services provider. §PGEL specializes in Original Design Manufactur
Slide 7: Our Journey
AC Outdoor Unit Assembly capabilities developed. Developed and launched ODM platform for Fully Automatic Washing Machines. Developed and launched ODM platform for Air Coolers. Our Journey 2021 6
Slide 8: Industries Served
Air Washing LED Air Conditioners Machines Televisions Coolers Industries Served Mobile Automotive Bathroom Consumer Components Components Fittings Electronics 7
Slide 9: Key Clients
Key Clients BLUE STAR GB (J;tidea· Crompton Heier "~ .· Honeywell INTeX HAVELLS ..JAB I Ljoquor Ke1.,;~a~o,. KOHLER. LAVA • LG LUMnx o erson I ONIDA n ft . n . . !~! ! ! !' I ~,..,., ranason1c ~e 1ance lllta iiiiiiiiiCI c:c:arnp I'I SANSUI _,,,,, ~ PG 8
Slide 10: Strategically Located Manufacturing
Roorkee, UK Greater Noida, UP Washing Machines, Washing Machines, PCB Assemblies, Plastic Moulding Air Coolers, LED TVs, Plastic Moulding, Tool Manufacturing Strategically Located Manufacturing Locations Ahmednagar, MH Air Conditioners, Air Coolers, Plastic Moulding 9
Slide 11: Key Leadership
Key Leadership Mr. Anurag Gupta Chairman & ED – Technical More than 29 years of experience in EMS. Handles technical policies, quality assurance, technological advancement, and R&D. Mr. Vishal Gupta Mr. Vikas Gupta Managing Director - Finance Managing Director - Operations More than 26 years of expe
Slide 12: Strengths
§ The largest plastic components supplier for Consumer Durables industry in India. § One-Stop Solutions Provider to leading Consumer Durable brands. § Diversified Product Portfolio enables faster customer Strengths acquisition. § In-house Tool Design & R&D capabilities. § Strong and long relationshi
Slide 13: Agenda
Company Overview Manufacturing Capabilities Agenda Growth strategy Key Financials 12
Slide 14: Plastic Moulding
Injection Moulding Insert Moulding Plastic Moulding Blow Moulding Thermoset Moulding PG Electroplast has over 250 moulding machines, ranging from 90T to 1850T, across five plants in Greater Noida, Roorkee and Pune. The company’s USP lies in in-house design and engineering using the latest technologi
Slide 15: Final Product Assemblies
Air Conditioners Final Product Assemblies Washing Machines Air Coolers PG Electroplast is an end-to-end solutions provider for product design and final product assemblies for products like Washing Machines, Air Conditioners, Air-Coolers, LED TVs, Toilet Seats, In-Wall Tanks etc. The company currentl
Slide 16: Specialized AC Components
Plastic Components Heat Exchangers Specialized AC Components PGEL has been manufacturing plastic moulded AC components since 2003. In Powder Coating Plant 2018, in an effort to improve value System Tubing addition, PGEL decided to invest and Sheet Metal Components develop capacities for 5mm and 7mm
Slide 17: Tool Manufacturing
Mould Design DFM Analysis Tool Manufacturing CNC Milling EDM Machining We develop small to medium size moulds for a wide range of applications which include, Automotive Applications, White Goods, Home & Kitchen Appliances, Lighting and Electrical Equipment. Surface Finishing Quality Assurance The co
Slide 18: PCB Assemblies
PG Electroplast has unique & innovative solutions for all kinds of printed circuit board assemblies. We help to develop a wide range of applications, used across industries, on a turnkey basis (including component procurement, assembly, testing, packing & shipping). Our SMT lines & Wave Soldering ma
Slide 19: PU Paint Shop
Overhead Conveyors Pre-treatment Line PU Paint Shop PGEL has installed a state-of-the-art PU Paint shop in Greater Noida. The Shop is Gas Fired Baking Oven Automated Solution highly capable and can provide superior surface finish solutions for all kinds of systems, for parts of different shapes and
Slide 20: Research and Development
Concept Evaluation Research and Development PG has experienced R&D teams which enable it to offer comprehensive, end- Product Prototype Stage to-end ODM product development Release services like: Product § Product Conceptualization Development Lifecycle § Design and Prototyping § Performance And Ene
Slide 21: Agenda
Company Overview Manufacturing Capabilities Agenda Growth strategy Key Financials 20
Slide 22: Industry Outlook
Industry Outlook The Rapid rate of urbanization, Low penetration levels, falling Government reforms such as growth of young population with prices of durables and electronics Digital India, Make in India, Power rising income levels is leading to and changing lifestyle of the for all and Jan Dhan-Aad
Slide 23: Future Growth Strategy
• Washing Machines Company foresees large • Room Air conditioner opportunities in plastic • Refrigerators moulding in consumer durables in appliances like: • Ceiling Fans Future • Sanitaryware products Growth Opportunities in the ODM space for products like: • Air coolers • Washing machines • Room A
Slide 24: Future Outlook
Gradual improvement in margins due to Future Outlook better operational efficiencies and higher operating leverage Improving • Product business to drive profitability and growth for the company higher cash- flows, will lead to better capital • Company is developing new efficiency and stronger balanc
Slide 25: Agenda
Company Overview Manufacturing Capabilities Agenda Growth strategy Key Financials 24
Slide 26: Key Financials
• The Company has grown ~2.7 times in five years from a revenue of INR 263 crores in 2015-16, to INR 706 crores in 2020-2021 at a 22% CAGR with the EBITDA Key Financials increasing at a 20% CAGR. • Over the past five years, the company has done a cumulative Capital Expenditure of close to INR 220 Cr
Slide 27: Major Highlights of 3M 1QFY22
• Company has been able to strengthen its balance sheet by completing its Equity raise program. • Due to COVID-19 mandated shutdowns, plants Major were shutdown for end April and full May 2021. The production was only partially restored in June’20. Production loss for the Highlights of quarter has b
Slide 28: 1QFY2022 Profit & Loss Highlights
• Reasonable quarterly margins, despite Covid-19 lead shutdown 1QFY2022 Profit during the quarter. & Loss • Cost & overhead controls counter the to negative operating leverage. Highlights • The Orderbook for product business is promising for the year and company remains optimistic on the outlook. (F
Slide 29: Financial Metrics
• EBITDA margins are largely stable due strict cost and overhead control Financial despite negative operating leverage. Metrics • Working capital remained at normalized levels despite disruption . • Revenue growth outlook is improving, while margin outlook is stable. FY2021 FY2021 FY2022 FY2021 Key
Slide 30: Business Breakup
Business Breakup 2021 Q4 2022 Q1 FY2020 FY2021 Plastic Moulding 55% 62% 68% 60% • Washing Machine and AC IDU Business has seen robust Electronics 3% 5% 7% 6% growth in on a low base, and company is making further investments in the washing Tool Manufacturing 1% 0% 1% 1% machine and AC platforms. • P
Slide 31: Profit & Loss Statement
Profit & Loss Statement Figures in INR Millions Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Net Sales 2,603 3,664 3,994 5,084 6,394 7032 Growth (%) 9.0% 40.8% 9.0% 27.3% 25.8% 10.0% Expenditure 2.422 3,456 3,749 4,777 5,993 6534 Increase/Decrease in Stock (48) 19 (109) (41) (70) 32 Raw Material Consum
Slide 32: June 2021 Balance sheet
June 2021 Balance sheet As on As on As on As on A. EQUITY AND LIABILITIES B. ASSETS 31.06.2021 31.03.2021 31.06.2021 31.03.2021 (a) Share capital 196.9 196.9 (a) Fixed assets 2729.3 2725.8 (b) Reserves and surplus 2499.1 1,727.8 (b) Capital Work in Progress 68.7 65.6 Sub-Total - Shareholders' Funds
Slide 33: Thank You for Your Time and Consideration!
Thank You for Your Time and Consideration! We would love to hear from you. You can reach us on investors@pgel.in.
PG Electroplast — Investor Presentation (August 2021) on 6ix