Jtl Industries Limited · NSE:JTLIND
Jtl Industries — JTL Infra — Q1 FY23 Earnings Presentation
35 slides from Jtl Industries's earnings presentation, Jul 26, 2022
Slide 1: Electronic filing cover letter to stock exchanges
ELECTRONIC FILING JTLIL/CHD/SE/2022-23/031 July 26, 2022 Corporate Relationship Services, Corporate Relationship Services, BSE Limited, Metropolitan Stock Exchange of India, 25TH Floor, P.J. Towers, Limited 4th Floor, Vibgyor tower, Opposite, Dalal Street, Trident Hotel Bandra- Kurla Complex, Mumbai
Slide 2: JTL Infra Limited Investor Presentation Q1 FY23
JTL INFRA Limited Investor Presentation Q1 FY23
Slide 3: Disclaimer
DISCLAIMER JTL Infra Limited This presentation has been prepared by JTL Infra Limited (the “Company”) solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connectio
Slide 4: Table of Contents
TABLE OF CONTENTS JTL Infra Limited COMPANY OVERVIEW 4 CAPITAL MARKET DETAILS 5 FINANCIAL PERFORMANCE 6 HIGHLIGHTS 9 INDUSTRY OVERVIEW 11 OUR JOURNEY 18 MANUFACTURING FACILITIES 19 STRATEGIC DISTRIBUTION & GLOLBAL FOOTPRINT 20 PRODUCT BASKET 22 SEEKING GROWTH…THE ESG WAY 24 MANAGEMENT TEAM 25 SHAREH
Slide 5: Company Overview
COMPANY OVERVIEW JTL Infra Limited Vision To provide customers the most compelling products, while leading for sustainable business. management system and is present throughout India. JTL Infra is committed to strengthening technical expertise and working proactively with customers to develop innova
Slide 6: Capital Market Details
CAPITAL MARKET DETAILS JTL Infra Limited Capital Market Details BSE Scrip Code 534600 MSEI Scrip Code JTLINFRA Face Value Rs. 2 Outstanding Shares 6,05,37,150 Market Price as on June 30, 2022 (per share) 208.75 Market Cap (as on June 30, 2022) Rs. 1,263.71 cr 5 Investor Presentation | July 2022
Slide 7: Profit & Loss Statement
PROFIT & LOSS STATEMENT JTL Infra Limited Rs. Cr Quarterly Results Annual Results Particulars Q1 FY23 Q1 FY22 Q4 FY22 FY22 FY21 Revenue from Operations 256.94 179.02 301.15 975.72 435.76 Raw Materials 236.94 165.05 268.81 877.59 392.33 Employee Cost 3.29 0.71 3.73 11.22 2.99 Other Expenses 2.78 2.39
Slide 8: Balance Sheet as on 31st March 2022
BALANCE SHEET AS ON 31ST MARCH 2022 JTL Infra Limited As on 31st As on 31st As on 31st As on 31st Rs. Crs Rs. Crs Mar’22 Mar’21 Mar’22 Mar’21 Shareholders Funds 157.52 96.91 Non-current Assets 60.40 29.83 Share Capital 11.84 10.61 Fixed Assets 42.45 28.48 Other Equity 145.68 86.30 Capital work in pr
Slide 9: Financial Performance for Q1 FY2023
FINANCIAL PERFORMANCE FOR Q1 FY2023 JTL Infra Limited Revenue(Rs. in Cr) Sales Volume (MT) EBITDA (Rs. in Cr) 33302 13.93 259.18 10.87 180.89 29235 Q1 FY22 Q1 FY23 Q1 FY22 Q1 FY23 Q1 FY22 Q1 FY23 EBITDA / ton (in Rs.) PAT (Rs. in Cr) EPS (in Rs.) 11.01 4184 1.82 8.05 3719 1.53 Q1 FY22 Q1 FY23 Q1 FY2
Slide 10: Highlights
HIGHLIGHTS JTL Infra Limited Revenue from operations for quarter grew 43.53% on YoY basis from Rs. 179.02 cr to Rs.256.94 cr and drop by 14.68% to Rs. 301.15 cr in Q4FY22. Revenue declined due to precipitous fall in raw material prices with user industry postponing its purchases in anticipation of
Slide 11: Highlights
HIGHLIGHTS JTL Infra Limited Better product mix and value-added products helped offset gross margin impact during quarter and EBIDTA/ton improved to Rs.4,184 from Rs. 3,719 in Q1FY22 PAT for quarter stood at Rs. 11.01 cr against Rs. 8.05 cr in Q1FY22, YoY growth of 36.73% During quarter compan
Slide 12: Industry We Cater To
Industry We Cater To JTL Infra Limited Welded Ductile Iron Seamless ERW SAW ERW Precision (Structural/ Commercial) Oil & Gas, (HSAW & LSAW) (DOM) Potable Water & Engineering, Sewage Automotive and Transportation Power Traditional: Engineering, Auto, Power, Oil & Oil & Gas, Gas(Last mile, city gas di
Slide 13: India at the start of Structural Steel Usage
India at the start of Structural Steel Usage JTL Infra Limited Structural Steel Tubes Market as % of Steel Potential Structural Steel Tubes Market in Market (2019) India (Mn Tons) Immense 11 potential 22 of growth 9 9 8 8 7 13 4 4 Global Europe Latam Japan Middle North India 2019 2023E 2030E East Am
Slide 14: Structural Steel Tubes essential for new age construction
Structural Steel Tubes essential for new age construction JTL Infra Limited Growth Drivers Benefits Growing vertical model of development Environmentally friendly Increased Spending on Skyscrapers Recyclable & lower greenhouse gas emission Higher expenditure on infrastructure No underwat
Slide 15: Industry Structure-ERW Pipes
Industry Structure-ERW Pipes JTL Infra Limited Current Market Organisation 4-5% 7-8% Organised Unorganised 45% Formalisation of Economy – 55% as ERW pipe market becomes more and more Growth in Estimated Growth quality conscious, there last 5 years in coming 5 years would be some pressure on the unor
Slide 16: Industry Revolution
Industry Revolution JTL Infra Limited Conventional Construction Why Structural Steel Tube replaces these Applications Products products? Uniform Strength, Lower steel consumption Low Diameter Steel Tubes/Low Cost Effective, Termite Proof, Load Bearing Environmentally Friendly Cost Effective, Higher
Slide 17: New Opportunities to revolutionize construction industry
New Opportunities to revolutionize construction industry JTL Infra Limited JLL (a global real estate services firm) projects that there will be 344 Mn sq. ft of warehousing space in India by 2022 Warehousing Logistics, engineering, auto and ancillaries, e-commerce, FMCG, retail and telecom, and
Slide 18: JTL at a Glance
JTL AT A GLANCE JTL Infra Limited 1991 3 3 61 ACRES Incorporation Decades of Rich No. of Total Land Experience Facilities Bank Area 300+ 20+ 600+ Distributors & Export Countries Skilled Employees Retailers 1,397 Cr 50 Cr ~4,00,000 MTPA Market Cap PAT Total Installed (As on 31st Mar 2022 (For FY 2022
Slide 19: Our Journey
OUR JOURNEY JTL Infra Limited Board has announced Merger of Chetan Industries Limited 1991 2012 2022 (Transferor) with JTL Infra Limited Incorporated as Jagan Listed on (Transferee) Tubes Pvt. Ltd. Bombay Stock Shares of the 1993 2000 Exchange Company permitted to trade at NSE w.e.f. Public Limi
Slide 20: Manufacturing Facilities
MANUFACTURING FACILITIES JTL Infra Limited Unit-I : Gholu Mazra (Near Chandigarh) Unit-III : Mandi - Capacity : 1 Lac MTPA Gobindgarh (Punjab) Capacity : 1 Lac MTPA Unit-II : Mangaon (Near Mumbai) Capacity : 2 Lac MTPA 1 Lac MTPA Existing capacity in Raipur Chetan Industries Ltd* Chetan Industries L
Slide 21: Strategic Distribution - Expanding Footprints
STRATEGIC DISTRIBUTION ‐ EXPANDING FOOTPRINTS JTL Infra Limited Global Presence Domestic Market • Pan-India presence • 300+ distributors and retailers • Supplier of choice to large OEMs Geographical Break-up North Exports EUROPE AFRICA ASIA AUSTRALIA America 16% Belgium Botswana Dubai Australia West
Slide 22: Esteemed Clientele
ESTEEMED CLIENTELE JTL Infra Limited Direct Through Clientele Distributor 21 Investor Presentation | July 2022
Slide 23: Our Future Ready Product Offerings
Our Future Ready Product Offerings JTL Infra Limited Hot dipped Galvanized Steel Solar Module Mounting Tubes and Pipes Structures/Panels End Use End Use Agriculture Rooftop Solar Structures Water Distribution Industrial Solar Projects Greenhouses Commercial Solar Pump & Water Conveyanc
Slide 24: ERW Black & Hollow Steel Tubes and Pipes
ERW Black & Hollow Steel Tubes and Pipes JTL Infra Limited End Use D. Construction and A. Irrigation & Agriculture B. Energy and Engineering C. Heavy Vehicles E. Core Infrastructure Building Material Agriculture Implements Solar Plants Truck & Bus Body Green Constructions Airports Drip Irr
Slide 25: Seeking Growth - The ESG Way
SEEKING GROWTH – THE ESG WAY… JTL Infra Limited Environment Committed towards a cleaner, greener and healthier environment Optimise energy consumption – finalized installation of rooftop solar panels Plan to recycle water Contribute towards increasing green cover around areas of its presence
Slide 26: Management Team
Management Team JTL Infra Limited Mr. Mithan Lal Singla Mr. Bhupinder Nayyar Non Executive Director Independent Director 35 years of experience in steel business M.Com from Delhi School of Economics, LLB from University of Delhi, CAIIB Instrumental in setting up existing manufacturing faciliti
Slide 27: Shareholding Pattern
SHAREHOLDING PATTERN JTL Infra Limited Shareholding Pattern - Existing (June’22) Category No. of Shares % Holding Promoter Holding 3,27,07,000 54.03% Public Holding 2,78,30,150 45.97% Total No. of Shares 6,05,37,150 Pending Allotments Category No. of Shares Substance Promoter Holding 1,88,04,492 Mer
Slide 28: Past Trends
PAST TRENDS JTL Infra Limited Sales Volume (tons) Revenue (Rs. Cr.) EBITDA (Rs. Cr.) / Margin (%) 8.7% 7.4% 7.1% 7.5% 7.4% Margin (%) 1,48,276 975.7 72.5 86,771 58,061 435.8 32.8 47,627 321.9 23.7 32,218 229.9 14.7 16.4 169.7 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22
Slide 29: Balance Sheet Ratios
BALANCE SHEET RATIOS JTL Infra Limited RoCE% RoE% 31.52% 32.67% 29.49% 34.15% 32.87% 31.76% 22.09% 20.70% 14.65% 16.46% FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 129 RoA% 96 18.09% 81 81 80 68 65 67 63 13.44% 63 11.10% 9.58% 41 43 44 36 35 7.14% 28 25 18 7 7 FY18 FY19 FY20 FY21 FY22 FY18 FY1
Slide 30: Stakeholder's Value Creation
STAKEHOLDER'S VALUE CREATION JTL Infra Limited Vision‐oriented leadership 20% Enhancing Brand Equity EPS (CAGR Last Navigating opportunities 5 years across new geographies Highly Scalable Manufacturing Capabilities Prudent Capital 101% 44% Allocation Strong Corporate Market Cap PAT Governance (CAGR
Slide 31: Business Transformation for Phase I
Business Transformation for Phase I JTL Infra Limited Phase I – FY15 to FY20 Established strong Market network Prepared ground for Exports Expanding product offerings by adding Galvanise Section and Solar Section Capacity expansion by putting up new green filed project in Mangaon, Maharashtr
Slide 32: Business Transformation for Phase II: Mission 1 Million MT
Business Transformation for Phase II: Mission 1 Million MT JTL Infra Limited Phase II – FY21 to FY25 Vision Increase capacity utilisation of completed expansions Improve and enhance share of value added products - as well as expand product range. Strengthen domestic presence with deeper penetr
Slide 33: Mission 1 Million MT: Capacity Expansion
Mission 1 Million MT : Capacity Expansion JTL Infra Limited Capacity Final Existing Vision FY2025 (in Tons) Capacity Segment/ Total Derabassi Mangaon Mandi Total Derabassi Mangaon Mandi Raipur Location Expansion Structural General 1,00,000 1,00,000 1,00,000# 3,00,000 1,00,000 1,00,000** 3,00,000 6,0
Slide 34: Outlook
OUTLOOK JTL Infra Limited Targeting above-industry average growth rate Investing in technology, resources Think Tank and Execution Team, to further increase EBIDT, Net Manufacturing, Operations, Marketing plans Margin per MT and return ratios already in place and we are committed to thereby
Slide 35: Thank You!
JTL Infra Limited THANK YOU! For further information, please visit Company’s website at : www.jtlinfra.com 34