Aeroflex Industries Ltd. · NSE:AEROFLEX
Aeroflex Industries — Q3 FY2024 Earnings Presentation
26 slides from Aeroflex Industries's earnings presentation
Slide 1: Aeroflex Industries Limited Q3 & 9M FY24 Investor Presentation
Aeroflex Industries Limited Q3 & 9M FY24 Investor Presentation
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Aeroflex Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 3: Q3 & 9M FY24 Performance Highlights
Q3 & 9M FY24 PERFORMANCE HIGHLIGHTS
Slide 4: Key Highlights
Key Highlights Financial Performance (Q3 FY24): Financial Performance (9M FY24): • Total Income stood at ₹74.32 Cr., YoY growth of 12.78% • Total Income stood at ₹242.67 Cr., YoY growth of 18.72% • EBITDA stood at ₹15.01 Cr., with YoY growth of 63.32% • EBITDA stood at ₹49.90 Cr., with a YoY growth
Slide 5: Key Developments - Capacity Expansion plans
Key Developments - Capacity Expansion plans Capacity Expansion (Mn Mtrs) • As part of Phase 1's capacity expansion project, 1.5 million meters were successfully added by upgrading and modernizing machines and equipment, reaching a total capacity of 12.5 million meters in September 2023 • The remaini
Slide 6: Q3 & 9MFY24 Performance Highlights
Q3 & 9MFY24 Performance Highlights Total Income EBITDA (Rs. Crs) PAT (Rs. Crs) (Rs. Crs) 13.94% 20.19% 7.81% 12.16% 74.32 15.01 9.04 Q3FY24 9.19 5.15 65.90 Q3FY23 Q3FY24 Q3FY23 Q3FY24 Q3FY23 Q3FY24 Margin 16.74% 20.56% 10.38% 13.06% 242.67 31.70 49.90 34.22 21.22 9MFY24 204.41 9MFY23 9MFY24 9MFY23 9
Slide 7: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Profit & Loss (Rs. Crs) Q3 FY24 Q3 FY23 YoY 9M FY24 9M FY23 YoY Revenue from Operations 73.13 65.90 240.14 204.40 Other Income 1.19 0.01 2.54 0.01 Total Income 74.32 65.90 12.78% 242.67 204.41 18.72% Cost of Material Consumed 49.41 44.08 158.71 145.46 Changes in
Slide 8: MD’s Commentary
MD’s Commentary Commenting on the results, Mr. Asad Daud – Managing Director said, “We are pleased to report a healthy performance for the third quarter and the nine months ending financial year 2024. Our Total Income reached ₹74.32 Cr., marking a YoY growth of 12.78%. EBITDA recorded a substantial
Slide 9: India’s leading flexible flow solution provider
India’s leading flexible flow solution provider
Slide 10: Distinctive Capabilities
Distinctive Capabilities Leading Manufacturer of Metallic Responsible Corporate flexible flow solutions 01 07 Scalable and Customized flexible flow 02 06 Innovation & Strong R&D led Business solution products 03 05 De-risk and Diversified Portfolio State of the art Infrastructure 04 Serving multiple
Slide 11: Leading Manufacturer of Metallic flexible flow solutions
1. Leading Manufacturer of Metallic flexible flow solutions Incorporated in 1993, part of the promoter group Sat Industries Limited (BSE & NSE Listed In-House R&D Company) NABL Accredited XX% Lab Leading Manufacturer of Metallic flexible flow solutions XX% Used for controlled flow of all forms of su
Slide 12: Scalable and Customized flexible flow solution products
2. Scalable and Customized flexible flow solution products SS Flexible Hoses with Composite Hose & Assemblies & Fittings Others & without Braiding 62.5% 30.8% 6.7% • SS hoses are designed to withstand • Fittings affixed to both ends of flexible • Braiding: Single braid, Multiple braid high pressures
Slide 13: De-risk and diversified Portfolio – 9MFY24
3. De-risk and diversified Portfolio – 9MFY24 Product Segments Domestic: Export Mix 7% 15% SS Flexible Hoses with & without Braiding Exports 31% Assemblies & Fittings Domestic 62% Others 85% Geographical Split End user Industries 1% Steel 2% 10% Oil & Natural Gas 24% 27% 32% Europe Petrochemicals Am
Slide 14: Serving multiple end user Industries
4. Serving multiple end user Industries Wherever There's Critical Flow, Aeroflex Leads the Way Current Major Industries New Age Industries Steel & Metal Oil & Gas Chemicals Semiconductors Aerospace and Electric Mobility Satellite Sea Port Terminal Paper and Pulp Pharmaceutical Solar Fire Sprinklers
Slide 15: State of the art Infrastructure
5. State of the art Infrastructure Well-equipped Infrastructure Situated at Production Capacity Machine Lines Employee strength 12.5 million meters 80+ lines 420+ people Taloja, Navi Mumbai Presence in Strategically Located 9MFY24 Capacity Utilisation In-house Design And R&D Laboratory 87+ Countries
Slide 16: Innovation & Strong R&D led Business
6. Innovation & Strong R&D led Business Key Products developed recently / under research and development Development is underway for electric bus rooftops designed to provide protection Fire Sprinklers Solution for EV buses against fires 72+ 12 Bronze Metal Flexible Flow Solutions Bronze hoses for H
Slide 17: Responsible Corporate
7. Responsible Corporate Sustainability Integrated across the Use of Non-emitting Technology and Operations Recycled Consumables • Green process with negligible use of fossil fuels • The production technologies are zero emission • 100% recycling of water with an In-house water treatment • Use of pac
Slide 18: Putting Employees Wellbeing First
Putting Employees Wellbeing First Aeroflex has an Occupational Healthcare Center and Mind & Body Wellness Center, at its facility in Taloja, Navi Mumbai, to address any emergencies and health and well being of employees ▪ Well equipped with trained & qualified nurses and medical equipment ▪ Dedicate
Slide 19: Putting Employees Wellbeing First – Initiatives during Q3FY24
Putting Employees Wellbeing First – Initiatives during Q3FY24 Annual Employee Health Checkup Employee Reward Program Eye Checkup Camp Employees Family Member “Special Package” Health Checkup 19
Slide 20: Way Forward
Vr AEROFLEX INDUSTRIES LIMITED Way Forward
Slide 21: Backed by strong Industry growth
Backed by strong Industry growth Global Market (USD Bn) ▪ Global market for SS flexible hose has grown at a CAGR of 8.2% to value at approximately USD 3.3 Bn in 2022 ▪ Traditionally, the demand for Flexible Flow Solutions made with Stainless Steel Corrugation was largely driven by the industrial sec
Slide 22: Way Forward
Way Forward Capacity Expansion The company will expand Higher Value Added products existing capacity in a phased manner from 12.5 mn mtrs to 13.5 mn mtrs by Mar’24. The company aims to augment its revenue share by Entering New Industries focusing on the high-margin product segment, specifically With
Slide 23: Annexures
Vr AEROFLEX INDUSTRIES LIMITED Annexures
Slide 24: Board of Directors
Board of Directors Asad Daud Ramesh Soni Partha Sarathi Sarkar Shilpa Bhatia Managing Director Independent Director Independent Director Independent Director • Masters in Accounting and Finance from • Bachelor’s and master’s degree in law London School of Economics • Practicing CA with an experience
Slide 25: Glossary
Glossary TERM DETAIL SKU Stock Keeping Units SS Stainless Steel OEM Original Equipment Manufacturers MRO Maintenance, Repair and Operations NABL National Accreditation Board for Testing and Calibration Laboratories PTFE Polytetrafluoroethylene Mn Mtrs Million Meters 25
Slide 26: Thank You
THANK YOU! Investor Relations Advisors: Strategic Growth Advisors Pvt. Ltd. Aeroflex Industries Limited CIN - U74140MH2010PTC204285 CIN - U24110MH1993PLC074576 Ms. Manasi Bodas/ Ms. Shaily Patwa Email: corporate@aeroflexindia.com manasi.bodas@sgapl.net/ shaily.p@sgapl.net +91 9821043510 / +91 981949
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