Pitti Engineering Ltd. · NSE:PITTIENG
Pitti Engineering — Q3 FY2024 Earnings Presentation
19 slides from Pitti Engineering's earnings presentation, Feb 9, 2024
Slide 1: Regulation 30 cover letter to stock exchanges
9th February 2024 To, To, BSE Limited National Stock Exchange of India Limited Floor 25, P J Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Scrip Code: 513519 Scrip Code: PITTIENG Dear Sirs, Sub: Regulation 30 of SEBI (Listing Obligations and
Slide 2: Investor Presentation Q3 FY2024
INVESTOR PRESENTATION Q3 FY2024 Pitti Engineering Limited
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and r
Slide 4: Management Commentary
Management Commentary We have achieved highest ever sales volume of 10,572 MT in Q3FY24, YoY growth of sales volume is 15.54% as against 9,150 MT in Q3FY23. Total revenue for Q3FY24 is ₹ 296.92 Crore as against ₹ 239.08 Crore in Q3FY23, registered a growth of 24.19% on year-on- year basis and achiev
Slide 5: Q3 - Key performance indicators
Q3 - Key performance indicators Revenue EBITDA PAT Cash Accruals (₹ in Cr) (₹ in Cr) (₹ in Cr) (₹ in Cr) Q3 FY22 Q3 FY23 Q3 FY24 Q3 FY22 Q3 FY23 Q3 FY24 Q3 FY22 Q3 FY23 Q3 FY24 Q3 FY22 Q3 FY23 Q3 FY24 27.88 13.32 44.09 296.92 265.46 38.82 23.13 239.08 21.03 34.28 12.13 4 11.60 PITTI ENGINEERING LIMI
Slide 6: Q3 - Performance snapshot
Q3 - Performance snapshot (₹ in Cr) Particulars Q3FY24 Q3FY23 YoY change Q3FY22 Revenue from Operations 293.64 237.96 23. 40% 264.83 Other income 3.28 1.12 192.86% 0.63 Total Income / Revenue 296.92 239.08 24.19% 265.46 EBITDA excl. other income 44.09 38.82 13.58% 34.28 Blended EBITDA / tonne (₹) 41
Slide 7: Q3 - Operational highlights
Q3 - Operational highlights Annual Capacity as at the quarter end Q3FY24 Q3FY23 YoY Change Q3FY22 Sheet Metal – MTs 56,000 50,200 11. 55% 41,000 Machining - Hours 4,60,800 4,03,200 14.29% 3,77,196 Capacity utilisation for the quarter Sheet Metal 70.80% 66.25% NA 83.90% Machining 94.33% 85.35% NA 95.
Slide 8: Q3 - End-user application revenue breakup
Q3 - End-user application revenue breakup (₹ in Cr) 0.67% 0.28% ₹ 296.92 Cr Q3 FY24 3.88% 11.64% 1.46% 12.94% 6.76% 7.00% 49.72% 5.65% 0.18% 0.77% ₹ 239.08 Cr Q3 FY23 5.25% 15.94% 2.48% 13.72% 10.04% 7.76% 35.41% 8.47% 1.47%0.00% ₹ 265.46 Cr Q3 FY22 4.62% 14.40% 2.60% 15.31% 11.82% 3.11% 32.15% 14.5
Slide 9: 9M - Key performance indicators
9M - Key performance indicators Revenue EBITDA PAT Cash Accruals (₹ in Cr) (₹ in Cr) (₹ in Cr) (₹ in Cr) 9M FY22 9M FY23 9M FY24 9M FY22 9M FY23 9M FY24 9M FY22 9M FY23 9M FY24 9M FY22 9M FY23 9M FY24 89.84 129.07 890.48 854.68 49.84 110.83 65.89 683.81 97.28 59.84 34.00 32.11 8 PITTI ENGINEERING LI
Slide 10: 9M - Performance snapshot
9M - Performance snapshot (₹ in Cr) Particulars 9M FY24 9M FY23 YoY change 9M FY22 Revenue from Operations 873.71 852.67 2.47% 682.44 Other income 16.77 2.01 734.33% 1.37 Total Income / Revenue 890.48 854.68 4.19% 683.81 EBITDA excl. other income 129.07 110.83 16.46% 97.28 Blended EBITDA / tonne (₹)
Slide 11: 9M - Operational highlights
9M - Operational highlights Annual Capacity as at the end of 9M 9M FY24 9M FY23 YoY change 9M FY22 Sheet Metal – MTs 56,000 50,200 11.55% 41,000 Machining – Hours 4,60,800 4,03,200 14.29% 3,77,196 Capacity utilisation for the 9M Sheet Metal 70.94% 70.39% NA 77.02% Machining 90.75% 82.21% NA 88.25% S
Slide 12: 9M - End-user application revenue breakup
9M - End-user application revenue breakup (₹ in Cr) 0.45% 0.41% ₹ 890.48 Cr 9M FY 24 4.37% 13.70% 1.48% 12.75% 8.99% 6.20% 41.99% 9.66% 0.39% 0.56% ₹ 854.68 Cr 9M FY23 5.33% 13.69% 1.97% 13.64% 10.48% 7.35% 34.81% 11.77% 1.80%0.00% ₹ 683.81 Cr 9M FY22 4.62% 14.54% 2.17% 16.89% 10.82% 4.27% 28.96% 15
Slide 13: Corporate overview
Corporate overview PITTI ENGINEERING LIMITED 12 @2023
Slide 14: Delivering engineering excellence
Delivering engineering excellence As one of the leading One of the One of the engineering companies, we are focused on manufacturing value-added and assembled components Manufacturers and exporters of of assemblies for large alternators and through machining and electrical laminations in India motor
Slide 15: Focused on the long-term
Focused on the long-term Financial Operational Sustainable 44.06% 4 Vertically integrated *3-year CAGR Revenue State-of-the-art manufacturing plants Manufacturing process 39.27% 12 Diverse *3-year CAGR EBITDA Countries of export presence Product portfolio catering to several downstream industries 42
Slide 16: Marquee clientele
Marquee clientele PITTI ENGINEERING LIMITED 17 @2023
Slide 17: Industries we serve
Industries we serve Appliances Automotive Cement Construction Data Centres DG Set Electric Vehicle Freight Rail Hydro Lift Irrigation Marine Medical Motor Generator Equipment Mining Mass urban Other Pumps Passenger Rail Steel Transport Industries Sugar Thermal Power Wind Mill Wind Mills Generator PI
Slide 18: Contact us
Contact us PITTI ENGINEERING LIMITED Mr. M Pavan Kumar 6-3-648/401, 4th Floor, Padmaja Landmark, Chief Financial Officer Somajiguda Hyderabad 500082. Telangana , India. Mr. CS Rama Naidu T:+91 40 2331 2774 / 2331 2770 Intellect PR Email: info@pitti.in Mobile: +91 99202 09623 Website: www.pitti.in CI
Slide 19: Thank You
Thank You