Rolex Rings Limited · NSE:ROLEXRINGS
Rolex Rings — Q1 FY2023 Earnings Presentation
20 slides from Rolex Rings's earnings presentation, Aug 7, 2022
Slide 1: Rolex Rings Limited – Corporate presentation and update on earnings for Q1FY23
Rolex Rings Limited Corporate presentation and update on earnings for Q1FY23
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Rolex Rings Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, a
Slide 3: About our Company
ROE ==ROLLED RINGS== About our Company
Slide 4: Company Overview | Introduction
Company Overview | Introduction Market Leadership Position Well Qualified & Accredited Team 4.7 Mn MTPA 5th largest 80 customers Installed forging capacity of India's Forging capacity in India across ~20 countries 1,846 • Founders with experience of over 40 years Full-time employees • Supported by pr
Slide 5: Bearings industry | $50bn sector globally, with India expected to show robust growth
Bearings industry | $50bn sector globally, with India expected to show robust growth Global bearing industry Indian bearings industry is expected to show healthy growth going forward Global Split by Segment (%) Domestic Bearings Market (₹ Cr) • Increasing localization in CAGR: +9%-11% Indian bearing
Slide 6: Comprehensive product portfolio across bearing rings and Automotive components
Comprehensive product portfolio | across bearing rings and Automotive components Bearing Rings Automotive Components One of the key manufacturers Product portfolio includes of Bearing Rings in India focused on Hot Rolled and machined bearing rings wheel hubs, shafts and spindles and gears amongst ot
Slide 7: Revenue mix by end-user industries
Revenue mix by end-user industries Revenues from operations (excluding scrap sales and other operating income)
Slide 8: Strategically Located
Strategically Located Locational advantage to serve marquee clientele 3 Manufacturing Units at Rajkot, Gujarat Proximity to key customers Unit I : Forging, Heat Treatment and Shot Blasting Key Ports Unit 2 : Forging, Heat Treatment, Shot blasting, cold rolling, Machining, Quality control & testing,
Slide 9: State-of-the-art manufacturing facilities
State-of-the-art manufacturing facilities 3 manufacturing units located at Rajkot, with integrated forging, machining and heat treatment facilities Investments in Renewable energy to help keep power cost in check Unutilized land area which will help future expansion Windmills with an installed capac
Slide 10: Robust forging infrastructure in place
Robust forging infrastructure in place Details of forging lines including capacity and utilization Sr. No. Category Line No. of Lines AchievableAnnual Capacity 1 Conventional Conventional 6 11,250 2 SMS-MEER 1 9,000 3 Enomoto Press 1 6,250 4 Vertical Forging Lines Eumoco 1 2,250 5 Manyo 6 25,000 6 M
Slide 11: Quality control and testing
Manufacturing units equipped with end-to-end capabilities to ensure quality control Engineering, design and procurement o Converts customer designs, drawings and inputs into actionable part drawings, cost estimates, process parameters, monitoring Engineering, design, protocols, production simulation
Slide 12: Long standing customer relationships and geographically diversified revenue base
Long standing customer relationships and geographically diversified revenue base In FY22, Rolex supplied bearing rings and automotive components to >80 customers spread across over 20 countries Revenue Split FY22 Poland Germany Canada Slovakia Romania Czech Republic France Hungary Portugal Austria It
Slide 13: Key awards & certifications
Key awards & certifications Rolex Rings is widely recognized for its impeccable service & reliability Year Awards and Accreditations 2021 Q1 Preferred Quality Status - Ford 2019 Supplier Quality Excellence Award – General Motors 2018 Excellence in New Product Development – Timken 2018 Supplier Qualit
Slide 14: Rolex continues to maintain growth momentum with focus on margins and strengthening balance sheet
Rolex continues to maintain growth momentum with focus on margins and strengthening balance sheet Total Revenues from Operations (₹ mn) EBITDA (₹ mn) and margins PBT/ PAT (₹ mn) 10,167 9,043 7,843 6,660 6,163 2,868 Operating Cash Flows & Capex (₹ mn) Net Debt (₹ mn) and Net Debt: Equity RoE (%) Note
Slide 15: Q1 FY23 financials and business developments
Q1 FY23 financials and business developments
Slide 16: Financial Performance - Quarterly
Financial Performance - Quarterly Total Income (₹ mn) EBITDA (₹ mn) and margins PBT/ PAT (₹ mn) Revenues from Operations (excluding scrap) for Q1 FY23 o We continue to receive new enquiries from existing as well as new customers as they try and de-risk their supply chains in both bearing rings as we
Slide 17: Statement of Profit and Loss (Quarterly)
Statement of Profit and Loss (Quarterly) Q-o-Q Y-o-Y Particulars (₹ mn) Q1FY23 Q1FY22 Q3FY22 % % Income Revenue from operations 2,868 2,274 2,888 Other income 69 37 61 Total income (I) 2,936 2,311 27% 2,949 0% Expenses Cost of raw materials and components consumed 1,405 1,094 1,483 Decrease/ (increas
Slide 18: Statement of Profit and Loss (Annual)
Statement of Profit and Loss (Annual) Particulars (₹ mn) FY22 FY21 FY20 FY19 Income Revenue from operations 10,167 6,163 6,660 9,043 Other income 114 34 93 69 Total income (I) 10,281 6,198 6,753 9,113 Expenses Cost of raw materials and components consumed 5,195 3,166 3,137 4,529 Decrease/ (increase)
Slide 19: Balance Sheet - Snapshot
Balance Sheet - Snapshot Particulars (₹ mn) FY22 FY21 FY20 FY19 Particulars (₹ mn) FY22 FY21 FY20 FY19 Assets Equity and liabilities Non-current assets Equity Equity share capital 272 240 240 240 Property, plant, and equipment 3,789 3,714 3,730 3,808 Other equity 5,176 3,328 2,441 1,914 Capital work
Slide 20: Contact Us
Contact Us Mr. Hiren Doshi – Chief Financial Officer For further information, +91 281 6699 577/ 677 please contact: info@rolexrings.com . 20