Abb India Limited · NSE:ABB
Abb India — Q1 2023 Earnings Presentation
22 slides from Abb India's earnings presentation, May 5, 2023
Slide 1: Presentation to Analysts - exchange cover letter
REF:INABB:STATUT:LODR:R30:ANLST-PPT: May 5, 2023 BSE Limited P.J. Towers Dalal Street Mumbai 400 001 (Attn : DCS CRD) National Stock Exchange of India Ltd Exchange Plaza, 5th Floor Plot No. C/1, G Block Bandra-Kurla Complex, Bandra (E) Mumbai 400 051 Dear Sirs Sub: Presentation to Analysts Ref: BSE:
Slide 2: Solid start to the year with robust orders and profitability
— May 5, 2023 Solid start to the year with robust orders and profitability ABB India Analyst Call | Q1 CY2023 © 2022 ABB. All rights reserved.
Slide 3: Important notices
— Important notices This presentation includes forward-looking information and statements including statements concerning the outlook for our businesses. These statements are based on current expectations, estimates and projections about the factors that may affect our future performance, including
Slide 4: ABB at a glance
— — ABB at a glance ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company’s solutions connect engineering know-how and software to optimize how things are manufactured, Faridabad moved, powered and operated. Building on m
Slide 5: Business highlights
— Business highlights
Slide 6: Q1 2023 highlights
— — Q1 2023 highlights 1. Strong start to the year Orders +36%1, revenues +22%1 Highest ever order growth in Q1 in last 5 years Operational EBITA margin 11.4%, +290 bps YoY PBT (before exception) up by 66% YoY, PAT up by 65% on a like to like basis2 Robust cash position at INR 3,942 crore 2. First I
Slide 7: Positive market momentum
— Positive market momentum Orders INR crores (+36%) (+26%) 3125 2767 2634 Short-cycle 2243 2291 2335 Strong growth across most business areas 1825 1909 1689 Services Orders +37%1 and revenues +33%1 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Discrete Continued momentum in automotive, elect
Slide 8: Proven capabilities leading to significant wins
— Proven capabilities leading to significant wins System drives for a diversified Power handling systems for a spun- Intelligent motor control center for Traction technology for Bhopal and metals major, gas company and oil dyed specialty fiber and paints metal major Indore metros and Indian Railways
Slide 9: Diverse businesses growing in leading segments
— Diverse businesses growing in leading segments Focus Enhance Sustain Electronics Water & Cement Data Centers Wastewater Metals & Mining Warehouse & Food & Beverage Oil, Gas and Logistics Pharma & Chemicals Healthcare Building & Infra Automotive Rubber & Plastics Power Distribution Marine & Ports R
Slide 10: Theme for the quarter: Electronics: a deep-dive
— Theme for the quarter Electronics: a deep-dive Segment Insights Key Drivers • Indian electronics market is expected to grow at CAGR of 30% • Make in India and Digital India initiatives by Govt. of India to reach $300bn by FY26 • Segmentation of Indian electronics market • Semicon India Program for
Slide 11: Integrating ESG Strategy in business operations
— — Integrating ESG Strategy in business operations- First integrated report for 2022 published Energy Waste Water Green power utilization Waste recyclability Water recyclability Under RE-100 100% ~97% ~50% COMPARED TO 2021 BASELINE COMPARED TO 2021 BASELINE COMPARED TO 2021 BASELINE • Creating Low
Slide 12: Education, Diversity & Inclusion, Communities & Environment
— Education Diversity & Inclusion Communities & Environment • Learning improvement program • Holistic skilling & scholarship for • Continued support towards patient for >10k students from 98 govt. women to pursue higher education management and equipment procurement schools in STEM to Sri Shankara c
Slide 13: Financial highlights
— Financial highlights
Slide 14: Executive Summary
— Executive Summary Growth momentum continues in Q1/23 INR crores Change vs Change vs Q4 2022 Performance Indicator Q1 2023 Q1 2022 CY 2022 Q4 22 Q1 22 2,335 34% Total Orders Received 3,125 2,291 +36% 10,028 6,468 11% Order Backlog (end of period) 7,170 5,229 +37% 6,468 2,427 -1% Revenue 2,411 1,968
Slide 15: Financial summary
— Financial summary (INR Crores) Quarter ended on Quarter ended on Quarter ended on Year ended 31.03.2023 31.12.2022 31.03.2022 31.12.2022 PBT Bridge Crs % Crs % Crs % Crs % 10.1% 13.6% INCOME ` 13 13 Revenue from Operations 2,411.2 100.0 2,426.9 100.0 1,968.4 100.0 8,567.5 100.0 91 Other Income 72.
Slide 16: Electrification
— Electrification INR crores (+44%) (+16%) 1335 Orders Received 950 999 • Growth across major segments and channels 925 967 964 861 838 881 860 • Major orders from diverse sectors – metals, data centers, and IT majors Orders Revenues Received Revenues • Seamless operations and delivery, visibility o
Slide 17: Motion
— Motion INR crores (+37%) (+36%) Orders Received 1,216 • Strong contribution momentum of channel 1,041 935 972 partners 966 834 882 885 716 • Segment focus drove growth across sectors 770 like railways, metals, cement, F&B and oil and gas Orders Revenues • High value wins in transportation – Railwa
Slide 18: Process Automation
— Process Automation INR crores (0%) (+23%) 715 706 Orders Received 622 511 • Orders wins from city gas distribution, 420 460 463 370 terminal automation, life sciences, metals and 342 350 energy exports Orders Revenues Received Revenues • Successful milestone achieved in project Q1/22 Q2/22 Q3/22 Q
Slide 19: Robotics and Discrete Automation
— Robotics and Discrete Automation INR crores (+96%) (+4%) 156 Orders Received 120 • Solid inflow in paint orders from large Indian conglomerates 65 63 68 80 58 • Large automotive orders 70 48 50 Revenues • Electronics market looking to gain momentum Orders Received Revenues Q1/22 Q2/22 Q3/22 Q4/22
Slide 20: Well-structured, diversified business model
— Well-structured, diversified business model Channels Offering Geography 3% 9% 6% 8% 9% 3% 4% 12% 12% 7% 7% 6% 13% 14% 12% 12% 9% 12% 11% 11% 12% 33% 34% 34% 91% 88% 88% 77% 80% 80% 32% 36% 34% Q1/22 Q1/23 FY/22 Q1/22 Q1/23 FY/22 Q1/22 Q1/23 FY/22 Products Services Projects Domestic Export Direct S
Slide 21: Strategic Focus for 2023
— Strategic Focus for 2023 Market penetration aligned with industry trends Order backlog conversion – sustainable growth Margin momentum with focused execution Capital allocation aligned with ABB’s purpose Embed sustainability across value chain
Slide 22: Writing the future: together
— Writing the future: together May 5, 2023 Slide 21