Swan Corp Limited · NSE:SWANCORP
Swan — Swan Energy — Investor Presentation (January 2024)
30 slides from Swan's investor presentation, Jan 17, 2024
Slide 1: Regulation 30 filing cover letter
January 17, 2024 BSE Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot No. C/1, G Dalal Street Block, Bandra Kurla Complex, Bandra East, Mumbai 400 001 Mumbai 400 051 Scrip Code: 503310 NSE Symbol: SWANENERGY Subject: Regulation 30 of the
Slide 2: Swan Energy Limited Corporate Presentation
SWAN ENERGY LIMITED Corporate Presentation January 2024
Slide 3: Disclaimer (1/2)
Disclaimer (1/2) This presentation has been prepared for general information purposes in respect of Swan Energy Limited (“Company/SEL”) together with its Subsidiaries (together, with the Company, the “Group”) only, without regard to any specific objectives, suitability, financial situations and need
Slide 4: Disclaimer (2/2)
Disclaimer (2/2) This presentation includes certain industry data and projections that have been obtained from industry publications and surveys. Industry publications and surveys and forecasts generally state that the information contained therein has been obtained from sources believed to be relia
Slide 5: Table of Contents
Table of Contents Section Slide No. Company Overview 1 Business Segments - Oil & Gas 7 - Defense & Shipyard 8 - Petrochemical Manufacturing & Trading 11 - Real Estate 12 - Textile 13 Key Financial Metrics 14 Appendix 18
Slide 6: Company Overview
Company Overview • Incorporated in 1909 as textile company • Headquarters at Mumbai, India • Business turnaround & discharged from BIFR in 1995 • Consolidated Revenue for the FY 23 is INR 1,438.14 Cr by present promoters; land monetized for developing real estate projects • Recently ventured into De
Slide 7: Journey So Far
Journey So Far… Incorporated in 1909 & was taken Mill got monetized for Real 1992 over by the present Management 2004 Estate Development. from BIFR Forayed into the green energy 2008 sector by change of name Forayed into the oil and gas sector - beginning work on setting up an FSRU- 2012 based LNG t
Slide 8: Swan Group & Business Structure
Swan Group & Business Structure SWAN ENERGY Textile LIMITED (SEL) Veritas (India) Pegasus Ventures Cardinal Energy & Hazel Infra Limited Swan LNG Private Triumph Offshore Limited Private Limited Infrastructure Pvt Ltd. Limited Private Limited (55.01%) (100%) (100%) (74%) (63%) (51%) Real Estate Reli
Slide 9: Shareholding Pattern
Shareholding Pattern (As on 30th Sep, 2023) Swan Energy Limited (As on 31st Dec, 2023) Veritas (India) Ltd 44.99% 35.91% 55.01% 64.09% Swan Enery Limited Public (Allotment under process) Reliance Naval and Engineering Ltd Promoter and Promoter Group Public 5.09% 94.91% Key Institutional Investors: •
Slide 10: Group Management
Group Management Mr. Navinbhai C. Dave Mr. Nikhil V. Merchant Mr. Paresh V. Merchant (Chairman / Non-executive (Managing Director - SEL) (Executive Director - SEL) Director – SEL) A seasoned entrepreneur with an Has completed his B.S. in textile engineering With more than 3 decades of experience in
Slide 11: Business Segments
BUSINESS SEGMENTS
Slide 12: 1. Oil & Gas
1. Oil & Gas Swan LNG Pvt. Ltd. & Triumph Offshore Pvt. Ltd. (63%) (51%) Jafraba d Phase I - The LNG project is being implemented by two SPVs: Jafrabad • Swan LNG - Developing Port Facilities • Triumph Offshore - Built new FSRU with 180k m3 storage and 1000 MMSCFD send-out • In Phase I : LNG regasif
Slide 13: 2. Defense & Shipyard (1/3)
2. Defense & Shipyard (1/3) Reliance Naval & Engineering Ltd. (94.91% through Hazel Infra) Company Offerings Repairs & Upgradation Naval Shipbuilding Business structure Location advantage Commercial Shipbuilding Heavy Engineering Swan Energy’s stake in the SPV (Hazel Infra Limited) is 74%; further S
Slide 14: 2. Defense & Shipyard (2/3)
2. Defense & Shipyard (2/3) Green Ship Recycling Recent EU regulations force European shipowners to scrap their old ships in European-certified facilities. So, now, there is an urgent demand for compliant recycling capacity, in order to avoid heavy fines and sanctions. The Panamax-sized Problem: The
Slide 15: 2. Defense & Shipyard (3/3)
2. Defense & Shipyard (3/3) Ship Repair Business • RNEL has a fully-developed offshore yard measuring 750 m x 265 m, which is capable of fabrication, erection, and loading out of offshore structures. This will soon expect a business boom due to ONGC’s offshore expansion plan. • The RNEL yard can sup
Slide 16: 3. Petrochemicals Manufacturing & Trading
3. Petrochemicals Manufacturing & Trading Veritas India Limited (VIL) (55%) • Corporate headquarters at • 28 years in operations driven by • Trade, distribution & • Caters to petrochemical, paint, Mumbai, India experienced team members manufacturing of commodities and oil refining industries. like,
Slide 17: 4. Real Estate
4. Real Estate • Engaged in development of real estate projects. • Execution track record ~26.16 lakhs sq,ft. commercial & residential projects in Mumbai, Bangalore & Hyderabad. TOTAL COMPANY AREA PROPERTY LOCATION STATUS NAME ~(‘000 IN SQ FT) Swan Energy Kurla IT Park 1,000 Mumbai Completed & Deliv
Slide 18: 5. Textile
5. Textile LEGACY OF MORE THAN 100 YRS We have a legacy of over a 100 years in the Textile Industry and has been a household name for decades as its products catered to the needs of men, women and children. We manufacture various products from dress materials to suiting and shirting materials. TEXTI
Slide 19: Key Financial Metrics
KEY FINANCIAL METRICS
Slide 20: Key Financial Metrics (1/3)
Key Financial Metrics (1/3) (Amount in INR Crores) Total Income EBITDA 2,039 505 CAGR@ 109% CAGR@ 118.5% 1,449 242 494 324 72 75 FY21 FY22 FY23 6M-FY24 FY21 FY22 FY23 6M-FY24 EBITDA and EBITDA Margin EBIT and EBIT Margin 22% 25% 17% 22% 15% 505 451 242 11% 9% 1% 72 75 161 30 5 FY21 FY22 FY23 6M-FY24
Slide 21: Key Financial Metrics (2/3)
Key Financial Metrics (2/3) Debt to Equity (x) Debt to EBITDA (x) 3.5 54.8 3.3 42.9 2.2 2.1 20.6 10.6 FY21 FY22 FY23 6M-FY24 FY21 FY22 FY23 6M-FY24 Asset Turnover (x) Financial Leverage (x) 5.6 0.19 5.1 4.5 4.3 0.14 0.07 0.08 FY21 FY22 FY23 6M-FY24 FY21 FY22 FY23 6M-FY24 *6M-FY24 data not annualized
Slide 22: Key Financial Metrics (3/3)
Key Financial Metrics (3/3) SEGMENT-WISE REVENUE SEGMENT-WISE ASSETS CONTRIBUTION ALLOCATION 100% 5% 90% 23% 25% 3% 2% 80% 11% 70% 11% 55% 21% 60% 66% 24% 47% 50% 23% 40% 10% 66% 13% 30% 5% 14% 20% 35% 19% 10% 17% 6% 0% Textile Energy FY2021 FY2022 FY2023 6M23 Construction/Others Distribution & Deve
Slide 23: Appendix
APPENDIX
Slide 24: Consolidated Financial Statement (1/2)
Consolidated Financial Statement (1/2) (In INR Lakhs) Audited Audited Audited Unaudited Years FY21 FY22 FY23 6M-FY24 Income Statement Sales 32,047 48,720 1,43,814 2,02,756 Other Income 394 689 1,077 1,099 Total Income 32,441 49,409 1,44,891 2,03,855 Income Growth (7.24%) 52.30% 193.25% 40.70% COGS 1
Slide 25: Consolidated Financial Statement (2/2)
Consolidated Financial Statement (2/2) (In INR Lakhs) Audited Audited Audited Unaudited Years FY21 FY22 FY23 6M-FY24 Balance Sheet Equity Share Capital 2,443 2,639 2,639 2,639 Reserves 84,985 1,21,893 2,25,729 2,50,075 Total Shareholder Equity 87,428 1,24,532 2,28,368 2,52,714 Borrowings 3,07,689 4,
Slide 26: Segment-Wise Performance
Segment-Wise Performance (In INR Lakhs) Audited Audited Audited Unaudited Particulars FY21 FY22 FY23 6M-FY24 Revenue Textile 21,475 17,076 24,516 11,266 Energy 3,490 5,152 20,578 37,662 Construction/Others 7,476 7,182 33,928 10,259 Distribution & Development - - 29,864 1,33,077 Warehousing - - 36,03
Slide 27: Segment-Wise Position
Segment-Wise Position (In INR Lakhs) Audited Audited Audited Unaudited Particulars FY21 FY22 FY23 6M-FY24 Assets Textile 15,508 17,920 18,028 18,900 Energy 3,72,944 4,93,811 4,62,365 5,11,704 Construction/Others 1,03,926 1,23,462 1,26,422 1,37,565 Distribution & Development - - 2,02,034 2,66,955 War
Slide 28: Details of Other Subsidiaries - SEL & VIL
Details of Other Subsidiaries - SEL & VIL Swan Energy Limited Domestic Subsidiaries International Subsidiaries Name Ownership Name Ownership Origin Swan Mills Private Limited 100% Wilson Corporation FZE 100% Dubai, UAE Veritas (India) Limited Domestic Subsidiaries International Subsidiaries Name Own
Slide 29: Abbreviations
Abbreviations Abbreviation Meaning BBC Bareboat Charter BIFR Board for Industrial and Financial Reconstruction CMA Calcium Magnesium Acetate CRZ Coastal Regulation Zones DWT Deadweight tonnage EC Environmental Clearance FSRU Floating Storage Regasification Unit FSU Floating Storage Unit Ha Hectare L
Slide 30: Thank You
Address: Swan Energy Limited Thank You 6 Feltham House, 10, J N Heredia Marg, Ballard Estate, Mumbai, Maharashtra, 400001 Website: www.swan.co.in Contact Details : Tel: 022-40587300 Email: info@swan.co.in