Slide 1: Cover letter to NSE on analysts meet presentation
mZcT BHARAT ELECTRONICS To, TNcT ÿcfÿTERT ÿFR" "OWÿf 3TO tftÿTT fÿfÿg" (*fR?r TOK cfn Y5TT HÿlcH-U) National Stock Exchange of India Ltd. Hufl<£ci cfTRlfcTO : iiwÿ r w?rr ÿtr: , . 1, 3TMcÿT fÿ T Tte HHNKI, #TTcÿ , T - 560 045, TRcf Exchange Plaza, Plot No. C/l, G Block, Bharat Electronics Limited ÿt
Slide 2: Analyst Meet - 2020 Bharat Electronics Limited
Analyst Meet - 2020 Bharat Electronics Limited 19th Nov, 2020
Slide 3: BEL Overview
BEL Overview Navratna PSU Facilities • Established in 1954 under Ministry of Defence • Nine Factories all over India having 24 Strategic Business Units • R&D / Technology driven Company operating in Strategic Electronics in Defence & non defence • Two Central Research Laboratories: Bengaluru and seg
Slide 4: Business Segments
19/tect Business Segments BHARATFlFCTfiON/CS 1. Radar 2. Missile System 3. Communication 4. Electronic Warfare & Avionics 5. Network Centric Systems 6. Anti submarine Warfare 7. Electro-Optics 8. Tank Electronics 9. Home Land Security 10 Civilian Products Multi product, Multi technology company – Di
Slide 5: Areas of Diversification
Areas of Diversification BHAMTEIFCTRON/CS 1. Energy Storage Products 2. Unmanned Systems 3. Space Electronics & Systems 4. Solar Cells/Power Plants 5. Seekers & Missiles 6. Network & Cyber Security 7. Arms & Ammunitions 8. Railway / Metro Solutions 9. Software 10 Composites 11 Healthcare Solutions 4
Slide 6: Research & Development (R&D)
19/tect Research & Development (R&D) BHARATFlFCTfiON/CS • 47% Engineering Manpower deployed in R&D • 79% Sales Revenue from Indigenous R&D • R&D investment: Rs. 947 Crs during 2019-20 • CMMi Level-5 Certification for Software development • Largest Production Partner of DRDO • Patents Application Fil
Slide 7: R&D Investment
R&D Investment Value in Rs Crores 947 2015-16 2016-17 2017-18 2019-20
Slide 8: Expansion & Modernization
Expansion & Modernization BHARATRFCTfiON/CS • World Class Manufacturing & Test facilities established for: Super Components, Test Set-up for Missile System, EVM/ VVPAT, Antenna Test range, EMI / EMC Test, Composite Manufacturing. • Building New Manufacturing facilities at Nimmaluru, Palasamudram (An
Slide 9: Exports
Exports BHARATRFCTfiON/CS •. Dedicated Dedicated Business Unit & & Marketing Marketing Group • Major products exported: exported: for Exports •. Weapon Locating Radar, Coastal Coastal Weapon Locating Radar , • Achieved USD 48.59 Achieved 48.59 Million Million during during the year Surveillance Syst
Slide 10: Major Orders Executed in 2019-20
Major Orders Executed in 2019-20 BHAfiATFlFCrfiON/CS AIR DEFENCE DIRECTION CENTRE TACTICAL LEVEL ÿ ÿ . RADARS WEAPONS . Long Range Surface to Air Integrated Air Command & Missile Control System Thermal Imaging Sight
Slide 11: Major Orders Executed in 2019-20
Major Orders Executed in 2019-20 BHAfiATFlFCTRON/CS TROPO Upgrade Low Level Transportable Radar (LLTR)
Slide 12: Major Orders Executed in 2019-20
Major Orders Executed in 2019-20 BHAfiAmfCTfiON/CS Smart City Business Weapon Locating Radar Ground Based Mobile Electronic Intelligence System
Slide 13: Major Orders Executed in 2019-20
Major Orders Executed in 2019-20 BHAfiATFlFCTRON/CS Fuzes Low Intensity Conflict Electronic Warfare System (LIC EWS)
Slide 14: New Products Introduced in 2019-20
d/tecf $cJ0'c7fcr?ct-T& New Products Introduced in 2019-20 BHAfiAmfCTRON/CS • Ship-to-Shore Communication System • Systems for Akash NG • Dip brazed Chassis • Battlefield Surveillance System High Altitude Area (BSS HAA) • CDMA Based wireless communication system • Instant Fire Detection and Suppress
Slide 15: Order Book
d/tecf $cJ0'c7fcr?ct-T& Order Book BHAfiAmfCTRON/CS Major Orders Received during 2019-20 • Akash Missile System (7 Sqdn) • Coastal Surveillance System - Phase II • Upgrade of EW System • Annual Maintenance Contracts • Software Defined Radios • Smart City Business Orders Received during current year
Slide 16: Major Projects planned during 2020-21
d/tecf $cJ0'c7fcr?ct-T& Major Projects planned during 2020-21 BHAfiAmfCTRON/CS • LRSAM (Long Range Surface to Air Missile) • Integrated Air Command & Control System • Ventilators • Akash Missile System (7 Sqdn) • Smart City Business • Thermal Imaging cameras • Upgrade of Communication Equipment • Fu
Slide 17: Business Initiatives
d/tecf $cJ0'c7fcr?ct-T& Business Initiatives BHAfiAmfCTRON/CS • Creation of new SBU in the area of Advanced Defence Systems- Navy (ADSN) • Creation of Separate Business Verticals to address Seekers & Missiles, Solar Power Systems, Un-manned Systems & Energy Storage Products business. • MoUs signed w
Slide 18: Business Initiatives
d/tecf $cJ0'c7fcr?ct-T& Business Initiatives BHAfiAmfCTRON/CS • Full scale operationalization of Overseas Marketing Offices in Vietnam, Myanmar, Sri Lanka & Oman. • Singapore & New York Offices expanded with marketing cell. • Established new State-of-the-art manufacturing facility for Composite Mate
Slide 19: Business Initiatives
d/tecf $cJ0'c7fcr?ct-T& Business Initiatives BHAfiAmfCTRON/CS • Major Capital expansion projects under progress at Palasamudram, Nimmaluru, Aerospace Park, Bangalore, Nagpur, RPSC Centers etc • During last 5 years, 326 Patents/191 Copyrights were filed, out of which 4 Patents/ 187 Copyrights have be
Slide 20: 'Make in India' Initiatives
‘Make in India’ Initiatives BHAfiATFlFCTRON/CS • EoIs for 55 items published under Make-II of which 23 items are in various advanced stages of indigenization. • As part of Atma-nirbhar Bharat initiative, 195 items have been targeted for indigenization during 2020-21. • Significant measures taken to
Slide 21: Outlook for the Future
d/tecf $cJ0'c7fcr?ct-T& Outlook for the Future BHAfiAmfCTRON/CS • BEL to focus on R&D both in-house and collaborative Mode for increased value addition and intellectual property creation. • Enhanced Partnerships with DRDO labs, research and academic institutions, Startups as well as with niche techn
Slide 22: BHARATEi.FCrfiON/CS
BHARATEi.FCrfiON/CS
Slide 23: Analyst Meet 2020
IRA SCAFCNGAFT BHARAT ELECTRONICS TS MEET-2020 11.2020)
Slide 24: Financial Performance
d/tecf $cJ0'c7fcr?ct-T& BHAfiAmfCTRON/CS Financial Performance (` In Crores) 2ND QTR Half Year Half Year FY 19-20 (20-21) (20-21) (19-20) TURNOVER 3165 4805 4703 12608 EBITDA 623 770 893 2730 EBITDA Margin (%) 19.55 15.85 18.43 21.13 PAT 397 451 544 1794
Slide 25: Financial Highlights (FY 20)
d/tecf $cJ0'c7fcr?ct-T& BHAfiAmfCTRON/CS Financial Highlights (FY 20) Net worth : ` 9853 Crores. Book value Per Share : ` 40.44 EPS : `7.36 Capital expenditure : ` 513 Crores. R&D expenditure : ` 947 Crores. 3
Slide 26: Margin / Return Over a Period of 5 Years
Margin /Return Over a Period Of 5 Years Return on Capital Employed : 13.94 % to 23.56 %. Return on Net Worth : 15.50% to 19.01 %. EBITDA : ` 1372 Cr to ` 2730 Cr. EBITDA Margin : 18.72 % to 21.13 %. EPS : ` 4.95 to ` 7.36. 4
Slide 27: How a Rupee Earned is Distributed (FY 20)
HOW A RUPEE EARNED IS DISTRIBUTED (FY 20) Profit After Tax; 14.53% Tax Provisions; 5.55% Depreciation; 2.83% Other Expenses Materials; 55.44% (Net of Other Revenues); 4.99% Employee Benefits Expense; 16.66% 5
Slide 28: Share Holding Pattern
SHARE HOLDING PATTERN As on As on SL. CATEGORY 31.03.2020 31.09.2020 NO. (%) *(%) 1 GOVERNMENT OF INDIA 51.14% 51.14% 2 MUTUAL FUNDS 25.11% 25.57% FOREIGN INSTITUTIONAL 3 10.71% 9.60% INVESTORS 4 OTHERS 8.31% 8.40% 5 INSURANCE COMPANIES 4.73% 5.29% TOTAL SHARE CAPITAL ( ` in Cr) 100.00% 100.00% *Oth
Slide 29: BHAfiATEtecrfiON/CS
BHAfiATEtecrfiON/CS