Macpower Cnc Machines Limited · NSE:MACPOWER
Macpower Cnc Machines — Investor Presentation (April 2021)
38 slides from Macpower Cnc Machines's investor presentation, Apr 21, 2021
Slide 1: Investor Presentation submission letter to NSE
5 = Ni CIN No.: L30009GJ2003PLC043419 | MSME PART-II No.: 24-009-12-01046 Cpowel WX //f MACPOWER CNC MACHINES LIMITED M8 aa sy oO April 21, 2021 To, Listing Compliance Department, National Stock Exchange of India Limited Exchange Plaza, Plot no. C/1, G Block, Bandra Kurla Complex [BKC], Bandra (E),
Slide 2: Macpower CNC Machines Limited Investor Presentation
Macpower CNC Machines Limited Investor Presentation Refer to disclaimer
Slide 3: Disclaimer
Disclaimer This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any securities of Macpower CNC Machines Ltd (“Macpower”, "Company“), nor shall part, or all, of this document form the basis of, or be relied on in connection w
Slide 4: Contents
Contents 01 About Us Company Profile | Our Journey | Key Management | Our Network | Infrastructure 02 Business Overview Competitive strengths | Widest range of products | Key sectors & clientele 03 CNC Machines What are CNC Machines | Market size & opportunity | Competitive advantage 04 Way Forward
Slide 5: About Us
About Us Corporate Video Corporate video (click here)
Slide 6: Company Profile
Company Profile • Established in 2003, Macpower CNC Machines Limited is engaged in the manufacture of Computerised Numerically Controlled (CNC) machines under 9 different product categories. • It has a CNC Machine manufacturing unit in an area of around 4 acres at Metoda G.I.D.C., Rajkot, Gujarat (I
Slide 7: Our Journey
Our Journey 1980 1985 2003 2005 2007 Setup Small beginnings CNC Machines Machining USP Established as Started CNC Machine assembly In house machining Developed models Modern Machine manufacturing unit unit setup seeing the capability with advantages of Tools to trade in for conventional growing need
Slide 8: Continuing on the growth path
…….. continuing on the growth path 2013 2016 2018 2020 2021/22 Global launch Expansion Going Public Backward integration Growth Launch of Multi Expansion of Company raises money Company backward Debottlenecking to tasking machine in manufacturing through IPO for backward integrated (BI) - setup in-
Slide 9: Key Management
Key Management Promoter, Chairman & Managing Director Rupesh Mehta has an experience of more than 25 years in the Machine Tool Industry. He holds a degree in Bachelor of Commerce from Saurashtra University. He looks after all the corporate decision and is responsible for the entire business operatio
Slide 10: Key Management
Key Management Promoter & Whole-Time Director Nikesh Mehta has an experience of around 14 years in the Machine Tool Industry. Nikesh Mehta holds a degree in Bachelors of Commerce from Saurashtra University. His scope of work includes looking after the Machine Shop, Application Department (conducting
Slide 11: Our Network
Our Network 37 Destinations 2 Tech Centers 10 Business Associates 4 Branch Offices 107 Sales & Service Engineers 10
Slide 12: Infrastructure
Infrastructure Head Office & Plant Corporate office Manufacturing plant R&D Centre Hyderabad Tech Centre Ahmedabad Tech Centre 11
Slide 13: Government & Private Supply Statistics as on date
Government & Private Supply Statistics as on date Tender Filed Pending Order/ Number: 202 Amount (Private) Value (Rs. In Lacs): 19805 Number: 825 Value (Rs. In Lacs): 9480 Advance amount (Rs. In Lacs): 499.25 L1/Order Recd. Govt. Supply by us F.Y. 2019-20 Number: 201 Value (Rs. In Lacs): 9130 Number
Slide 14: Manufacturing capabilities
Manufacturing capabilities • Total capacity of plant at 1200 machines per year. Further de-bottlenecking to make approximately 1500 machines per annum. • Anti-Dust U CRETE flooring • Technologically advanced fabrication shop. • All new in-house pattern shop adopting latest techniques to make series
Slide 15: Technologically Advanced Machine Shop
Technologically Advanced Machine Shop Macpower has grown multifold by developing on the latest technological advancements along with developing state of the art INFRASTRUCTURE facilities like – • An Ultra modern machine shop which has the latest r a n g e o f mother machineries • Well planned assemb
Slide 16: Business Overview
fiacpower Business Overview
Slide 17: Widest Range of Products
Widest Range of Products Industry Segments Serviced Product Models 27 60+ 8000+ installations to date 1000+ 9 Application Solutions Product Categories 16
Slide 18: Competitive Strengths
Competitive Strengths Widest Range of product Delivering customised Personal approach offered from single source solution to our valued Flexibility and and flat Hierarchy customer Adaptability Large local Continuous improvement customer base of existing product range Nearly 0% Debt Fastest Growing C
Slide 19: Key Clientele at a Glance (1/3)
Key Clientele at a Glance (1/3) 18
Slide 20: Key Clientele at a Glance (2/3)
Key Clientele at a Glance (2/3) DEFENCE SECTOR Gun And Shell Factory HVF, Avadi Ordnance Factory DRDO Rifle Factory, Opto Indian Ordnance 54More… Medak TBRL Ishapore Electronics Factories GOVERMENT PSU GOVT. EDUCATIONSECTOR ISRO Railway 5 More… CIPET Government Tool Room 17More… 19 w com
Slide 21: Key Clientele at a Glance (3/3)
Key Clientele at a Glance (3/3) 20
Slide 22: CNC Machines Industry, Sector and Macpower
CNC Machines Industry, Sector and Macpower
Slide 23: CNC Machines?
CNC Machines? What are CNC Machines? (CNC machine in use – video1 video2 (click on link)) • Computer Numerical Control (CNC) is a machine in which pre-programmed Machine Tools software are used, combined with Engineering Designing to achieve desired cuts (shapes) based on end use of the product shap
Slide 24: Market Size & Opportunity
Market Size & Opportunity • Globally, India stands 10th in terms of production and 8th in terms of consumption of machine tools. • Consumption (demand) of machine tools in India is estimated to grow from approx Rs 12,000 cr in FY2016-17 to ~Rs 18,000-20,000 cr in FY2020-21. • Against this domestic p
Slide 25: Competitive advantage
Competitive advantage Lowest cost producer Highest Asset Turnover Amongst all its peers, Macpower is the Asset turnover for the company currently lowest cost producer, generating amongst stands at 3x and can go up to 5x in the current the highest EBITDA and PAT margin in the plant - highest amongst
Slide 26: Way Forward
fiacpower Way Forward
Slide 27: Way forward
Way forward In House Foundry The company is setting up an in-house foundry All efforts are targeted to produce castings for cost optimisation and to achieve a growth of product quality improvement. +25-30% CAGR over the next 5 years Incr. capacity by 25% The company is debottlenecking to increase Au
Slide 28: Financial Performance Quarterly
Financial Performance Quarterly Performance highlights
Slide 29: Quarter Performance Highlights
Quarter Performance Highlights The company witnessed a sharp jump in Revenues, EBITDA and Net Profit during the quarter after a dull Q1 due to the national lockdown. Steady increase in demand and a growing order book helped operate at 70% capacity utilization. Backward integration efforts taken in F
Slide 30: 3Q & 9MFY21 Financial Overview
3Q & 9MFY21 Financial Overview PARTICULARS (INR Mn) 3QFY21 3QFY20 YoY(%)* 9MFY21 9MFY20 YoY(%) Revenue From Operations 346.4 138.1 150.8% 628.8 571.9 9.9% Total Expenses 316.6 139.7 126.6% 578.6 546.0 6.0% EBITDA 29.8 -1.6 100%* 50.2 25.9 93.8% EBITDA Margin 8.60% -1.16% +976 bps 7.98% 4.53% +345 bp
Slide 31: Order Book (As on 31st December, 2020)
Order Book (As on 31st December, 2020) Order Book / Sales 160.0 2.00 No. of Value Description 1.84 1.80 Units (INR Mn) 140.0 1.60 120.0 Pending Order/Advance (Private) 825 1076.3 1.40 100.0 1.20 Govt. Supplied 4 19.9 80.0 0.87 1.00 0.98 60.0 0.80 0.80 Govt. Order Received 16 100.3 0.64 0.60 40.0 0.4
Slide 32: Financial Performance Annual
Financial Performance Annual Financial highlights
Slide 33: Annual Income Statement
Annual Income Statement PARTICULARS (INR Mn) FY17 FY18 (IPO) FY19 FY20 9MFY21 FY20 revenue growth was impacted due to Revenue From Operations 690.8 1068.8 1398.5 813.4 628.8 an industry wide phenomena with respect to the capex cycle and sharp jump seen in Total Expenses 675.7 954.9 1,236.4 778.5 578
Slide 34: Key charts
Key charts Revenue from Operations (INR Mn) EBITDA (INR Mn) and EBITDA Margins (%) 1,600.0 180.0 EBITDA EBITDA Margin (%) 14.0 1,398.5 1,400.0 160.0 12.0 1,200.0 140.0 1,068.8 10.0 120.0 1,000.0 813.4 100.0 8.0 800.0 690.8 636.9 628.8 80.0 6.0 600.0 60.0 4.0 400.0 40.0 200.0 20.0 2.0 - - - FY16 FY17
Slide 35: Key Ratios
Key Ratios RoE(%) and RoCE (%) Debt-Equity (x) 60.0% 1.60 31.5% 50.0% 1.40 1.39 27.9% 1.20 40.0% 23.1% 20.5% 1.00 30.0% 0.80 20.0% 21.6% 0.60 19.3% 17.1% 13.2% 0.40 10.0% 5.1% 0.20 0.20 2.4% 0.00 0.00 0.00 0.0% 0.00 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 ROE (%) ROCE (%) Work Capital Effi
Slide 36: Balance Sheet
Balance Sheet EQUITY AND LIABILITIES (INR Mn) FY18 FY19 FY20 ASSETS (INR Mn) FY18 FY19 FY20 1) SHARE HOLDERS' FUND 1) NON CURRENT ASSETS Share Capital 98 98 98 Fixed Assets Reserves and Surplus 435 558 595 Tangible Assets 44 58 371 Total 533 656 693 Intangible Assets 1 1 2 Capital Work-in-progress 1
Slide 37: Awards
Awards MSE-1 certification for highest financial strength and operational ability by CRISIL FIE Foundation Award at IMTEX 2017 for Twin Spindle VMC V855 Twin Head FIE Foundation Award at IMTEX 2015 for Multi Tasking Machine Turn O' Mill Y S FIE Foundation Award at IMTEX 2013, Bangalore for d
Slide 38: Thank You
For further information please MARKET DATA contact Thank You For further details please contact: Email : cs@macpowercnc.com Ph. +91 2827 287930 / 31 Website : www.macpowercnc.com Strategy & Investor Relations Advisory | Consulting Email: contact@kaptify.in | +91 8452886099 Website: www.kaptify.in 37
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