Alicon Castalloy Limited · NSE:ALICON
Alicon Castalloy — Q1 FY2023 Earnings Presentation
23 slides from Alicon Castalloy's earnings presentation, Aug 12, 2022
Slide 1: Earnings Presentation on Q1 FY22-23 (exchange filing letter)
Yalico August 12, 2022 To The Manager The Department of Corporate Services BSE Limited Floor 25, P. J. Towers, Dalai Street, Mumbai — 400 001 Scrip Code: 531147 Sub: Earnings Presentation on Q1 FY22-23 Dear Sir/ Madam, Casting the Future To The Manager The Listing Department National Stock Exchange
Slide 2: Alicon Castalloy Ltd Q1 FY23 Results Presentation
Alicon Castalloy Ltd Q1 FY23 Results Presentation August 12, 2022
Slide 3: Forward-looking statements disclaimer
Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "conte
Slide 4: About Alicon, Q1 FY2023 Highlights, Concall Details
About Q1 FY2023 Concall Alicon Highlights Details 3
Slide 5: About Alicon Castalloy
About Alicon Castalloy
Slide 6: End-to-end solutions across the entire spectrum of aluminum casting needs
Offers end-to-end solutions spanning the entire spectrum of aluminum casting needs across multiple user industries Offers - Design, Diversified Pioneer in Engineering, marquee Robust track India for Casting, Customer record of 49 processes of Operates one Leaders in the Machining and base across yea
Slide 7: Alicon key figures at a glance
1,081 116 92 customers with.. 4 INR crore of Total INR crore of Manufacturing Income in FY22 EBITDA in FY22 799 Live Parts Units 131 997 Presence in No. of product 18 No. of permanent innovations FY20-22 countries employees 6
Slide 8: A blend of European engineering skills, Japanese quality and Indian ingenuity
Enkei Corporation Alicon Castalloy Leading Japanese Largest Foundry in India – motor cycle and offering frugal engineering passenger car solutions wheel A blend of manufacturer European 70+ years of 49 years of track record 230+ engineering skills, experience Years of Cumulative Japanese quality Sil
Slide 9: Catering to key sectors of the Indian economy
Prototype Design Tool Design & Painting & Manufacturing Simulation Machining & Tool Sub-Assembly Manufacturing VA/VE Casting Fixture Design & Suggestions Manufacturing Manufacturing Catering to key sectors of the Indian economy Automobile Infrastructure Aerospace Medical Energy Agriculture 8
Slide 10: Strategic locations enable shorter time-to-market and enhanced cost optimization
Strategic locations enable shorter time-to-market and enhanced cost optimization 4 modern plants (1 international) High-end machines France Slovakia Advanced Technology Centre USA Austria Binola Pune Globally competent Tool Rooms (20 tools/ a month USA Marketing Franchise Full-edged Machine Shop (in
Slide 11: Diversity across markets and industries provides a natural hedge
Diversity across markets and industries provides a natural hedge TWO WHEELER OEM FOUR WHEELER OEM TIER 1 & NON AUTO Not reliant on a single ‘anchor’ customer None of the customers contribute >15% of turnover AND MANY MORE…. 10
Slide 12: Q1 FY2023 Operational & Financial Highlights
Q1 FY2023 Operational & Financial Highlights
Slide 13: Business & Macro-demand Highlights
Business & Macro-demand Highlights: • The quarter witnessed a strong pick-up in demand, especially in PV and MHCV segments • The PV industry, in the last two consecutive quarters, has been delivering robust volumes, breaching 900K mark each quarter – This is a new benchmark for the Indian automobile
Slide 14: Key Highlights for the EV industry
Key Highlights for the EV industry: • The domestic EV industry has recorded solid growth in the quarter across all four segments – 2Ws, 3Ws, PVs, and CVs. • Cumulative EV sales across four segments soared ~7x YoY in Q1 FY23 • Going forward, by 2030, 80% of two and three-wheelers, 40% of buses, and 3
Slide 15: Key Motto for FY23: 3R
• Lower fixed expenses • In Q1 FY23, the Company has booked • Lean and Agile manufacturing 4 parts processes Sustainable Cost- New optimisation Business • New logo wins added in the EV / • Focus on reducing overheads Wins: Carbon Neutral segment – 1 • Program to reduce interest cost • New logo added
Slide 16: Five key challenges impacting demand and consumer sentiments
Alicon has been facing five key challenges impacting demand & Alicon combated these 5Cs consumer sentiments through: Focus on enriched product mix and driving improved volumes of higher margin products 1. COVID pandemic-related 2. Chip (semiconductor) disruptions shortages Collaboratively working wi
Slide 17: Total Income, EBITDA, PBT and PAT trends
Total Income EBITDA • In Q1, total Income was higher by 63% on a YoY basis led by 321.4 344.0 healthy volumes across auto, non- 38.7 38.0 211.7 auto and tech agnostic segments 18.0 • Other income stood at Rs. 0.66 crore • Global RM inflation impacted Q1FY22 Q4FY22 Q1FY23 profitability during the qua
Slide 18: Revenue mix: Auto vs Non-auto, Exports vs Domestic
Non-auto , 6% Exports, 23% Auto, 94% Domestic , 77% 17
Slide 19: Q1FY23 vs Q1FY22 profit and loss statement
Particulars (Rs. crore) Q1FY23 Q1FY22 Y-o-Y Shift Net Revenue from Operations 343.34 210.75 63% Other Income 0.66 0.94 -29% Total Income 344.00 211.68 63% Total Expenditure 306.05 193.65 58% Raw Material expenses 180.32 105.01 72% Employee benefits expense 39.52 32.01 23% Other expenses 86.21 56.63
Slide 20: Group CEO commentary on the performance
Commenting on the performance, Mr. Rajeev Sikand, Group CEO , Alicon Castalloy said, “We have started the new fiscal strongly, reporting our best ever Q1 in terms of revenues. Strong uptick in activity in the domestic markets translated to healthy sales. Although multiple headwinds remain, we witnes
Slide 21: Concall Details
Concall Details
Slide 22: Q1 FY23 Earnings Conference Call
Alicon Castalloy’s Q1 FY23 Earnings Conference Call Time & Date • 11:30 AM IST on Friday, August 12, 2022 Local dial-in numbers • +91 22 6280 1141 • +91 22 7115 8042 International Toll Free Number • Hong Kong: 800 964 448 • Singapore: 800 101 2045 • UK: 0 808 101 1573 • USA: 1 866 746 2133 21
Slide 23: Thank You
Thank You For further information, please contact: Gaurav Agrawal Alicon Castalloy Ltd Tel: +91 95119 11290 E-mail: gaurav.agrawal@alicongroup.co.in Mayank Vaswani / Mit Shah CDR, India Tel: +91 22 98209 40953 / 99201 68314 Email: mayank@cdr-india.com mit@cdr-india.com For more information, visit ww