Premier Explosives Limited · NSE:PREMEXPLN
Premier Explosives — Q2 FY2023 Earnings Presentation
27 slides from Premier Explosives's earnings presentation, Oct 27, 2022
Slide 1: Exchange filing cover letter
Premiel ACCREDITED EHplo/luel MAtU\GCMErfT CERT~lI()NBODY SYSTtMS limited 27'h October, 2022 To To The General Manager The Vice President, Department of Corporate Relations Listing Department SSE Limited The National Stock Exchange of India Sir Phiroze Jeejeebhoy Towers, Limited Dalal Street, Fort,
Slide 2: Investor Presentation October 2022
P R E M I E R EXPLOSIVES L I M I T E D FOR A PREMIER POSITION I N V E S T O R P R E S E N T A T I O N | October 2022
Slide 3: Agenda
Agenda ⨠ Key Highlights – Q2 & H1FY23 ⨠ Result Highlights – Q2 & H1FY23 ⨠ Business Overview ⨠ Business Segments & Growth Strategy
Slide 4: Key Highlights – Q2 & H1FY23
Key Highlights – Q2 & H1FY23 ▪ Financial Performance • Revenue growth of 10% YoY and 17% QoQ to Rs 61 Crore • Maintaining the standard EBIDTA Margin of 12% • Cash profit of Rs . 5.94 Crore, grew by 43% QoQ. ▪ Healthy Order Book of Rs. 601 Crore, over 3.0 times of FY22 Revenue • Maintaining the stron
Slide 5: Results Highlight – Q2FY23
Results Highlight – Q2FY23 Financial Highlights (Rs. Mn) Operating revenue Operating profit PBT Q2FY23 606.3 72.0 35.4 Q2FY22 550.6 69.1 30.4 Revenue Breakup (Rs. Mn) Explosives Defence Services Total Q2FY23 160.3 399.2 46.8 606.3 Q2FY22 150.9 366.4 33.3 550.6 Standalone Numbers 4
Slide 6: Results Highlight – H1FY23
Results Highlight – H1FY23 Financial Highlights (Rs. Mn) Operating revenue Operating profit PBT H1FY23 1,124.0 130.1 53.1 H1FY22 878.6 129.0 48.1 Revenue Breakup (Rs. Mn) Explosives Defence Services Total H1FY23 457.4 573.5 93.1 1,124.0 H1FY22 299.2 491.9 87.5 878.6 Standalone Numbers 5
Slide 7: Profit & Loss Statement
Profit & Loss Statement Particulars (Rs. Mn) Q2FY23 Q2FY22 Q1FY23 H1FY23 H1FY22 Revenue from Operations 606 551 518 1,124 879 Expenses 534 481 460 994 750 Operating profit 72 71 58 130 129 Operating Margins (%) 12% 13% 11% 12% 15% Other income 8 4 4 12 5 Depreciation 24 24 24 48 48 Interest 21 19 21
Slide 8: Balance Sheet Highlights
Balance Sheet Highlights In Rs Mn Sep’22 Mar’22 Equity Share Capital 107.5 107.5 Other Equity 1,811.1 1,792.8 Non-current liabilities 182.8 173.4 Current liabilities 1,401.2 1,160.4 Total liabilities 3,502.6 3,234.1 Net Fixed Asset Block 1,703.0 1,720.3 CWIP 88.1 36.9 Other non-current Assets 226.5
Slide 9: Improving Order Book
Improving Order Book Order Book (Rs. Mn) Order Break-up 6,009 4,838 4,287 23% 3,883 3,890 55% 22% Services Explosives Defence Mar'19 Mar'20 Mar'21 Mar'22 Sept'22 6
Slide 10: Company Overview
Company Overview
Slide 11: Pioneer in Explosives & Defence Sector…
Pioneer in Explosives & Defence Sector… A leading manufacturer of High Energy Materials • 1st in India to manufacture Explosives and Detonating fuse with indigenous technology • 1st in the world to produce Safer and Greener NHN detonators on commercial scale • 1st Private Company to manufacture Soli
Slide 12: Grew under leadership of Industry Veteran..
Grew under leadership of Industry Veteran.. Dr. A. N. Gupta Non-Executive Chairman • Recipient of ‘Udyog Rattan Award’ & ‘Pickering and ISM Medal’ • Member of Society of Explosives Engineers, U.S.A, Ex-Chairman of Explosives Development Council and Fellow of High Energy Materials Society of India (H
Slide 13: with impetus on Research & Development…
with impetus on Research & Development… Collaboration with Gulbarga University, IIT Madras and BITS Pilani for research in high energy materials World’s 1st producer of NHN based detonators on commercial scale much safer and greener than traditional ASA. o Licensed the technology to a US company Dev
Slide 14: & high focus on Safety at Manufacturing facilities
& high focus on Safety at Manufacturing facilities Bulk Explosives • Singrauli (Madhya Pradesh) • Chandrapur (Maharashtra) • Godavarikhani (Telangana) • Manuguru (Telangana) • Neyveli (Tamil Nadu) Accessories & Defence Explosives • Peddakandukur (Telangana) Detonator, Detonating fuse, Packaged Explo
Slide 15: Greenfield expansion at Katepally
Greenfield expansion at Katepally • Katepally Solid Propellant Plant o Obtained License from Chief Controller of Explosives, Nagpur for production of solid propellant at the facility o Facility will enable Company to manufacture Solid Propellant of larger size for ISRO & DRDO. • Received order for p
Slide 16: Serving the critical needs of Industry
Serving the critical needs of Industry Commercial Explosives • Manufactures diverse range of commercial explosives for Mining & Infrastructure Industries • Product range includes Bulk Explosives, Cartridge Explosives, Cast Booster, Detonators, Detonating Fuse, etc Defence & Aerospace • Manufacture o
Slide 17: Business Segments
Business Segments
Slide 18: Stable business of Commercial Explosives…
Stable business of Commercial Explosives… Manufacturing Explosives Products …. …for Clients in Mining & Infrastructure Industries Bulk Explosives Cast Boosters Cement Manufacturers Detonators Detonating Fuse Export to Countries Israel, Greece, Jordan, Turkey, Nepal, Thailand, Philippines, Indonesia,
Slide 19: Building Defence & Aerospace segment…
Building Defence & Aerospace segment… Manufacturing Products across segments …. Propellants Pyros Explosives Counter-measures Pyrogen igniters Pyro cartridges CL – 20 Chaffs Case-bonded propellants Pyro actuators HNS – IV Flares Free standing grains Smoke / flash generators HMX / RDX and their compo
Slide 20: with focus on enhancing Technological Capabilities…
with focus on enhancing Technological Capabilities… Unmatched Technological know-how and Research Capabilities…. …. and Industrial Licences from DIPP In-house development Production under ToT Defence Industrial Licenses • Pyrogen Igniters for Strategic missiles • Akash booster / sustainer grains • I
Slide 21: Enhancing product offering…
Enhancing product offering… for Indian Air Force On-going Under Development Chaffs & Flares 70 mm rockets Air-Glide bombs Air Target Imitators (for Air Defence & Indian Army Re-graining of existing missiles Indigenization of power cartridges Canopy severance system for Missile Programme Expanding pr
Slide 22: Contributing to India's Prestigious Missile Programs
Contributing to India’s Prestigious Missile Programs Missile Type Stage Client End user PEL’s contribution Tactical, Bharat Dynamics Limited Indian Air Force and Supplied 2000+ booster grains Akash Production Surface to Air (BDL) Indian Army and 450+ sustainer grains Tactical, Production from 100% r
Slide 23: Increasing participation in India's Space Program
Increasing participation in India’s Space Program Operations & Maintenance Under GOCO • Operating and Maintaining Solid Propellant plant of ISRO at SHAR under GOCO Contract for 10 years in Jan’2019 • Operating and maintaining the solid propellant plant of Advance Systems Laboratory (ASL) at Solid Fu
Slide 24: Defence : Opportunity landscape
Defence : Opportunity landscape Government enhances focus on “Make In India” in Defence Well positioned to enhance participation • Defence Ministry puts ‘101+ Defence items’ under import embargo under • Pioneer in manufacturing and supply solid propellants to India’s ‘Atmanirbhar Bharat Programme’ p
Slide 25: Building Company with Vision - 2025
Building Company with Vision - 2025 Continue the Develop low cost Develop capacity for Meet the full Enter export market leadership in High processes and missile integration requirements of for defence products Energy Materials for techniques for ISRO’s strap-on and high energy defence and space pro
Slide 26: Awards & Appreciations
Awards & Appreciations Year Award Awarded By 2019 SME - Empowering India Awards 2019 in the Defense & Aerospace (Mid - Corporate) Hon'ble Union Minister of Steel 2016 HEMSI Honorary Fellowship to Dr. A.N.Gupta High Energy Materials Society of India 2015 Outstanding Entrepreneur Award Enterprise Asia
Slide 27: Contact Us
Contact Us PREMIER EXPLOSIVES LIMITED Mr. Srihari Pakalapati (CFO) Ms. Pooja Sharma/ Mr. Vishal Mehta cfo@pelgel.com pooja.sharma@stellar-ir.com /vishal@stellar-ir.com ‘Premier House’, 11 Ishaq Colony, Near AOC Center, Secunderabad 500 015 B-612/A, Kanakia Wall Street, Andheri (East), Mumbai 400 093