Apar Industries Limited · NSE:APARINDS
Apar Industries — Q1 FY22 Earnings Presentation
24 slides from Apar Industries's earnings presentation, Jul 27, 2021
Slide 1: Exchange filing cover letter for Investor Update
- ~ ff APAR Tomorrow's solution s today SEC/2707/2021 27'h July, 2021 National Stock Exchange of India Ltd. BSE Ltd. "Exchange Plaza", Corporate Relationship Department, C-1, Block G, 27'h Floor, Phiroze Jeejeebhoy Towers, Sandra- Kurla Complex, Dalal Street, Sandra (E), Fort, Mumbai - 400 051 . Mum
Slide 2: APAR Industries Ltd. Q1 FY22 Investor Update
APAR Industries Ltd. Q1 FY22 Investor Update Q1 FY22 Investor Update
Slide 3: Safe Harbor
Safe Harbor This presentation may have certain statements that may be “forward looking” including those relating to general business plans and strategy of APAR Industries Ltd., its future outlook and growth prospects. The actual results may differ materially from these forward-looking statements due
Slide 4: Q1FY22: Strong recovery despite second wave of COVID-19
Q1FY22: Strong recovery despite second wave of COVID-19 Revenue EBITDA PAT Segmental- mix Cables Rs 1,821 crore Rs 138 crore Rs 62 crore 21% Others Lubricants (Auto 1% Up 41% YoY Up 291% YoY; Up 0.7% from Q1FY20# Up 51% from Q1FY20 # & Industrial) 8% Down 8.2% from Q1FY20 # Margin at 7.6%, Margin at
Slide 5: Business Performance
Business Performance Q1 FY22 Investor Update 4
Slide 6: Conductors: Q1 FY22 highlights
Conductors: Q1 FY22 highlights Revenue Volume • Revenue was down 3.6% YoY: • Exports revenue down 27.7% YoY due to disruption in order execution on Rs 680 crore 21,901 MT account of abnormal sea freight rates & shortage of containers. Down 3.6% YoY Down 31.3% YoY • Domestic revenue down 2.5% YoY as
Slide 7: Speciality Oils & Lubricants: Q1 FY22 highlights
Speciality Oils & Lubricants: Q1 FY22 highlights Revenue • Revenue up 136.6% YoY spread across industry sub-verticals. Volume • Exports volume at 52%, crosses domestic volume sales for the 1st time ever. Rs 832 crore 1,14,478 KL • EBITDA margin lower than previous two quarters as there is substantia
Slide 8: Lubricants: 94.3% YoY growth in Q1 FY22 revenues
Lubricants: 94.3% YoY growth in Q1 FY22 revenues • Volumes for Industrial oils improved with higher sale of approval based hydraulic oils and metal working fluids. • Strong demand from agriculture equipments resulted in increased sale of First Revenue Volume Q1 FY22 Fill and after market products. •
Slide 9: Cables: Q1 FY22 highlights
Cables: Q1 FY22 highlights • Revenue grew 60.2% YoY on a low base of last year, but volumes are 12% lower than Q1FY20 #. • Increased revenues seen from Elastomeric & Optical fiber cables. Revenue EBITDA • Domestic market environment remains competitive for all varieties of Cables Rs 400 crore Rs 26
Slide 10: Company Overview
Company Overview Q1 FY22 Investor Update 9
Slide 11: APAR Industries: Tomorrow's solutions today
APAR Industries: Tomorrow’s solutions today #1 3rd #1 Rs 6,405 Cr Largest global aluminum & alloy Largest global manufacturer Cables manufacturer for FY21 consolidated revenue, conductors’ manufacturer of Transformer oils renewables in India 7.3% FY17-FY21 CAGR Leveraging global network Leading the
Slide 12: Well-diversified across industries & segments
Well-diversified across industries & segments APAR today targets: • Power Transmission & Distribution (T&D) and Renewable Energy sectors through Conductors, Cables and Transformer oils (T-oils). • Railways through Copper Catenary Conductors, XLPE & Elastomeric cables & Harnesses. • Defence through E
Slide 13: Extensive global presence driving exports
Extensive global presence driving exports Export revenues up 3.2% YoY, contributed 41.3% to FY21 revenues. • Present in 125 countries with a focus on South East Asia, Middle East, Africa & South America. • Hub and spoke manufacturing & distribution model for specialty oils - allows efficient deliver
Slide 14: Conductors – One of the largest global manufacturers
Conductors – One of the largest global manufacturers Strong leadership & competitive edge Strategic focus on higher-value products (32.6% in FY21) 1.8 lakh MT p.a. capacity Adj. EBITDA* per MT at Rs 7,926 in Q1 FY22 FY21 revenue of Rs 2,908 crore, 6.6% FY17-FY21 CAGR Rs 344 crore invested in FY15-FY
Slide 15: Specialty Oils & Lubricants – 3rd largest global manufacturer of transformer oils
rd Specialty Oils & Lubricants – 3 largest global manufacturer of transformer oils Strong leadership & competitive edge Strategic focus on higher-value products Leading domestic player in auto lubes. Rs 208 crore invested in FY15-FY21 FY21 revenue of Rs 2,364 crore, 8.6% FY17-FY21CAGR. Lubricants (A
Slide 16: Cables - Largest domestic player in renewables
Cables - Largest domestic player in renewables Strong leadership & competitive edge Strategic focus on higher-value products 60% share in domestic wind sector Rs 265 crore invested in FY15-FY21 FY21 revenue of Rs 1,270 crore, 10.1% FY17-FY21 CAGR. • Green-field Khatalwad plant for E-beam Elastomeric
Slide 17: Financial performance
Financial performance Consolidated financials, Figures in Rs crore Consolidated Revenue Exports contribution at 41% in FY21 EBITDA & margin 475 468 Exports Domestic 500 20% 7,971 450 425 412 422 18% 7,438 5,528 400 16% 6,405 4,956 5,823 350 14% 4,840 3,736 3,751 300 12% 3,297 250 10% 2,443 2,555 2,6
Slide 18: Strong industry growth drivers
Strong industry growth drivers Transformation Renewable Energy • Union Cabinet approves Revamped Reforms based and Results • Global shift to renewables: By 2050, 90% of total electricity linked Scheme. It will have an outlay of Rs. 3,03,758 crore with needs to be supplied by renewables (IRENA). Ener
Slide 19: Annexures
Annexures Q1 FY22 Investor Update 18
Slide 20: Q1 FY22: Consolidated Profit & Loss Statement
Q1 FY22: Consolidated Profit & Loss Statement Particulars (Rs crore) Q1FY22 Q1FY21 % Chg YoY Q4FY21 % Chg QoQ FY21 Gross sales 1,803.10 1,280.90 41% 1,897.20 -5% 6,359.50 Other Operating Income 6.6 7.9 -16% 2.3 187% 28.5 Total Operating Income 1,809.60 1,288.80 40% 1,899.50 -5% 6,388.00 Total Expend
Slide 21: Q1 FY22: Financials
Q1 FY22: Financials Key Ratios Q1FY22 Q1FY21 Q4FY21 FY21 EBITDA Margin 7.80% 3.10% 5.80% 6.90% Net Margin 3.50% -1.80% 2.50% 2.50% Total Expenditure/ Total Net Operating Income 92.90% 97.10% 94.70% 93.50% Raw Material Cost/ Total Net Operating Income 75.40% 80.30% 76.30% 75.10% Staff Cost/ Total Net
Slide 22: Q1 FY22: Consolidated Segment Analysis
Q1 FY22: Consolidated Segment Analysis Segment (Rs Cr) Q1FY22 Q1FY21 % Chg YoY Q4FY21 % Chg QoQ FY21 Revenue Conductors 679.5 705.1 -4% 836.6 -19% 2,908.00 Transformer & Specialty Oils 831.7 351.6 137% 718.7 16% 2,363.80 Power & Telecom Cables 399.8 249.6 60% 442.7 -10% 1,269.50 Others/Unallocated 1
Slide 23: Shareholding pattern
Shareholding pattern As on June 30, 2021 Outstanding shares – 3,82,68,619 Others, 13.96% Major Non-Promoter Shareholders Shareholding (%) HDFC Trustee company 9.25 Corporate Bodies, 1.90% L & T Mutual Fund Trustee Ltd 5.28 Nippon Life India Trustee Ltd. 3.39 DII, 19.60% Raiffeisen -Eurasien-Aktien 1
Slide 24: Contact us
Contact us For any Investor Relations queries, please contact: Sanjaya Kunder Nitesh Kumar Seema Shukla APAR industries Ltd Phone: +91 98915 70250 Phone: +91 124 425 1443 Phone: +91 22 67800400 nitesh.kumar@four-s.com seema@four-s.com Email: sr.kunder@APAR.com Safe Harbor: This presentation may have