Steelcast Ltd. · NSE:STEELCAS
Steelcast — Q2 FY2023 Earnings Presentation
19 slides from Steelcast's earnings presentation, Oct 20, 2022
Slide 1: Covering letter to stock exchanges
AC/2079 20.10.2022 The Secretary, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Plot No.C/1, G Block, Dalal Street, Bandra-Kurla Complex, MUMBAI - 400 001 Bandra (E), Mumbai - 400 051 Scrip Code: 513517 Scrip Symbol: STEELCAS Dear Sir/Ma
Slide 2: Investor Presentation – Q2FY23
Investor Presentation – Q2FY23
Slide 3: Safe Harbor
Safe Harbor This presentation has been prepared by and is the sole responsibility of Steelcast Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation or induceme
Slide 4: Q2FY23 Financial Performance
Q2FY23 Financial Performance 3
Slide 5: Q2FY23 Performance Highlights
Q2FY23 Performance Highlights Q2FY23 (Y-o-Y) Highlights Revenue 57% Strong orderbook from customers across all industry has driven good 121.2 Crs volumes and better operational efficiencies., Revenue from Operations for Q2FY23 is Rs.121.2 Crores, an increase of ~57 % compared to Q2FY22 and an increa
Slide 6: Q2FY23 Consolidated Key Highlights
Q2FY23 Consolidated Key Highlights Revenue (Rs. in Crs) EBIDTA (Rs. in Crs) PAT (Rs. in Crs) 57% +5% 58% +18% 79% +24% 121.2 121.2 28.3 28.3 17.6 17.6 115.6 24.1 14.1 77.4 17.9 9.8 Q2FY22 Q2FY23 Q1FY23 Q2FY23 Q2FY22 Q2FY23 Q1FY23 Q2FY23 Q2FY22 Q2FY23 Q1FY23 Q2FY23 Y-o-Y Q-o-Q Y-o-Y Q-o-Q Y-o-Y Q-o-Q
Slide 7: Geographical Revenue growth (Y-o-Y)
Geographical Revenue growth (Y-o-Y) Exports Domestic +100 bps No change No change -100 bps 62.0% 63.0% 63.0% 63.0% 38.0% 37.0% 37.0% 37.0% Q2FY22 Q2FY23 Q1FY23 Q2FY23 Q2FY22 Q2FY23 Q1FY23 Q2FY23 Y-o-Y Q-o-Q Y-o-Y Q-o-Q 6
Slide 8: Revenue Breakup (Q2FY23)
Revenue Breakup (Q2FY23) Segment-wise Revenue (%) Geography-wise Revenue (%) 1.0% 37.0% Total revenue Total revenue Rs. 121.2 Cr Rs. 121.2 Cr 63.0% 99.0% OEM Sales Domestic Replacement Market Exports 7
Slide 9: Quarterly Profit & Loss Statement
Quarterly Profit & Loss Statement Particulars (Rs.Crs ) Q2 FY23 Q2 FY22 Y-o-Y Q1 FY23 Q-o-Q FY22 Revenue from Operations 121.2 77.4 57% 115.6 5% 302.0 Cost of Materials consumed 29.6 25.7 28.5 95.0 Changes in Inventories of finished goods & work in progress 5.3 -8.9 7.9 -26.9 Manufacturing Expense 1
Slide 10: Balance Sheet
Balance Sheet Equity & Liabilities (₹ in Cr) Sep’22 Mar’22 Assets (₹ in Cr)z Sep’22 Mar’22 Equity Share Capital 10.1 10.1 Non – Current Assets Other Equity 172.8 146.4 Property, plant and equipment 106.1 108.7 Total Equity 182.9 156.6 Capital work‐in‐progress 10.2 5.0 Non-Current Liabilities Intangi
Slide 11: Cash Flow Statement
Cash Flow Statement Cash Flow Statement (Rs. Crs.) Sep-22 Sep-21 Cash Flow from Operating Activities Profit before Tax 42.5 20.2 Adjustment for Non-Operating Items 8.7 9.3 Operating Profit before Working Capital Changes 51.2 29.6 Changes in Working Capital -3.8 -41.4 Cash Generated from Operations 4
Slide 12: Balance Sheet Ratios
Balance Sheet Ratios Long term Debt (Rs. Crs.) Short term Debt (Rs. Crs) Debt to Equity Short term borrowing has -26.0% Debt to Equity has No LT debt has been 70.0 reduced for H1FY23 reduced by 37.5% from 28 taken by Steelcast 63.0 0.91 FY22 to H1FY23 until now 46.6 -37.5% 14 13 0.45 25.0 0.40 9 17.
Slide 13: Company Overview
Company Overview 12
Slide 14: Diversified Business Model catering to Varied Industries
Diversified Business Model catering to Varied Industries Existing Segments* Mineral Processing Earth Moving Industry Mining Steel Plants Cement Construction Industry Foray into New Segments Railways Electro Locomotive Ground Engaging Tools (GETs) 13 * Business done is with all OEMs
Slide 15: Presence across the Globe
Presence across the Globe Denmark South Korea Germany USA China Japan India - Headquartered Mexico Thailand Singapore Brazil Australia Export Presence “Two-Star Export House Status holder” Expected to increase the presence 15+ countries in the next 5 years Disclaimer: Map not to scale. All data, inf
Slide 16: Experienced Board of Directors
Experienced Board of Directors Mr. Chetan M. Tamboli, Managing Director & CEO • Aged 62 years, a third-generation entrepreneur, is a commerce graduate armed with an MBA Finance from USA • Serving as a CEO since 2003 with total experience of more than 30 years. Looks after strategy, policy making and
Slide 17: Future Strategy
Future Strategy 16
Slide 18: Rationalization Measures
Rationalization Measures Product Development Business Development Initiated a rationalization plan since last 2 years Company to set up 5 MW Solar Power Plant 25 years PPA signed for solar & wind hybrid Reduction in throughput time for in Gujarat region for captive consumption power project which wi
Slide 19: Thank You
THANK YOU Company: CIN: L27310GJ1972PLC002033 Name: Mr. Subhash Sharma, CFO Email ID: ss@steelcast.net Investor Relations Advisors: Mr. Faraz Ahmed Mr. Rajesh Agrawal +91 9619705150 +91 9967491495 faraz.ahmed@linkintime.co.in rajesh.agrawal@linkintime.co.in 18