Hi-tech Pipes Ltd. · NSE:HITECH
Hi-tech Pipes — Q3 FY2023 Earnings Presentation
31 slides from Hi-tech Pipes's earnings presentation, Jan 28, 2023
Slide 1: Cover letter to stock exchanges: Result Update Presentation
i T f?> fr @ +91-11-48440050 pl i" @Ul4 M@_ info@hitechpipes.in ——= STEEL PIPES—— 3 ~www.hitechpipes.in January 28, 2023 To, Manager, Listing Department, National Stock Exchange of India BSE Limited Limited PhirozeJeejeebhoy Towers, Rotunda Exchange Plaza, Plot No. C/1, G Block, Building, Dalal Stre
Slide 2: Investor Presentation JAN 2023
Investor Presentation JAN 2023
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Hi-Tech Pipes 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 securitie
Slide 4: Table of Content
Table of Content • Financial and Operational Highlights • Company Overview • New Initiatives • Strategic Focus & Future Prospects • Historical Financial Performance • Team Hi-Tech
Slide 5: Q3FY23 Highlights
Q3FY23 Highlights Revenue (Rs Crore) EBITDA (Rs Crore) +29.38% 11.88% PAT (Rs Crore) 28.07 569.29 25.09 440.02 28.02% 13.02 10.17 Q3FY22 Q3FY22 Q3FY23 Q3FY23 Sales Volume (MT) EBITDA Per MT (Rs) 40.17% -20.17% 3853 91232 3076 65088 Q3FY22 Q3FY23 Q3FY22 Q3FY22 Q3FY23 Q3FY23 4
Slide 6: 9MFY23 Highlights
9MFY23 Highlights Revenue (Rs Crore) PAT (Rs Crore) +31.14% -24.86% EBITDA (Rs Crore) 29.12 1683.99 1284.07 21.88 -1.70% 70.66 69.46 9MFY22 9MFY22 93FY23 9MFY23 Sales Volume (MT) EBITDA Per MT (Rs) -24.09% +29.52% 3689 248089 2800 191544 9MFY22 9MFY23 9MFY22 9MFY22 9MFY23 9MFY23 5
Slide 7: Consolidated Profitability Highlights – 9M & Q3 FY23
Consolidated Profitability Highlights – 9M & Q3 FY23 Particulars (Rs crore) Q3FY23 Q3 FY22 Y-o-Y % Q2 FY23 Q-o-Q % 9MFY23 9MFY22 Y-o-Y % FY22 Total Income from 569.29 440.02 29.38% 598.52 -4.88% 1683.99 1284.07 31.14% 1878.85 Operations Raw Materials 514.62 398.13 29.26% 549.19 -6.29% 1540.26 1159.5
Slide 8: Q3FY23 – Key Highlights
Q3FY23 – KEY HIGHLIGHTS RECORD HIGHEST SALES VOLUME - The Company has achieved the record Highest sales Volume during this Quarter. Total sales volumes increased by 40% Y-O-Y to 91,232 tonnes in Q3 FY23vs. 65,088 Tonnes in Q3FY22; led by better demand for steel tubes and structural steel products RE
Slide 9: Our Journey
Our Journey • Commenced • Started 3rd tube mill at operations at Sanand • Commenced Hindupur (Andhra commercial operations • Installed solar plants at Pradesh) of unit 2 at Sikandrabad Sanand and Hindupur units • Installation of hot- • Modernized the to manufacture steel • Started Cold Rolling expan
Slide 10: Strategic Locations for a Pan-India Presence and Distribution
…with Strategic Locations for a Pan-India Presence and Distribution Encompassing 580,000 MTPA of production ambience and a strong network of 450+ Dealers & Distributors Pan India Plant Location Capacity (MTPA) Product Portfolio MS Steel Pipes, Hollow Sections, GI Pipes, Cold Sikandrabad, UP 2,55,000
Slide 11: Continued Investment in Building Competencies to Cater to Demand
Continued Investment in Building Competencies to Cater to Demand… Enhancing Capacities Year-on-Year One of the India’s leading manufacturer of Steel Pipes (Metric Tonnes per Annum) with presence in more than 5,000 retail stores 5,80,000 Continuously enhancing manufacturing capabilities while diversi
Slide 12: Our Manufacturing Facilities
Our Manufacturing Facilities Sikandrabad, Uttar Pradesh Unit-1 Sikandrabad, Uttar Pradesh Unit-2 Hindupur, Andhra Pradesh Khopoli, Maharashtra Sanand, Gujarat 11
Slide 13: Hi-Tech Pipes | Capabilities Built So Far
Hi-Tech Pipes | Capabilities Built So Far… Built Core Installed Capacity Diversified Presence Business Experience Employees Strength 5,80,000 MTPA 5 Plants across 4 states 35+ years ~1,150+ Strong Dealers & Distributors SKUs Contractor Consumers OEM Customers Distribution 450+ 1200+ 100+ 160+ Credit
Slide 14: Steel Pipes and Tubes
Widening and Deepening the Product Range for Diversified Applications Coated Flat Products Flat Steel GP COILS GC SHEETS Cold Rolled Coils Cold Rolled Strips Color Coated Coils Metal Beam ERW & GI/GP Steel Tubes & Pipes Steel Pipes and Tubes MS Steel Pipes Steel Hollow Section Galvanised Steel Tube
Slide 15: Application Based Product Portfolio
Application Based Product Portfolio Product: GI Pipes Product: MS & GI Pipes Product: Large Dia Hollow Section Product: MS & GI Casing Pipes Application: Borewell, Application: Fire Safety - Buildings Application: Infra, Airport, Metro Application: Borewell Water, Agriculture Station Product: GI Pip
Slide 16: New Initiatives - Update on Color Coated Line Project
NEW INITIATIVES - Update on Color Coated Line Project COLOR COATING LINE AT SIKANDERABAD •We have started commercial production of Color Coating Line at Sikandrabad, U.P. with an installed capacity of 50,000 MTPA w.e.f 01st January, 2023. •Hi-tech Pipes Limited has become 3rd player in North India h
Slide 17: Applications of Colour Coated Sheets
APPLICATIONS OF COLOUR COATED SHEETS - Industrial Roofing - Garages - Garden Building - Construction Backyard - Household Roof Top 16
Slide 18: Strategic Focus & Future Prospects
Strategic Focus & Future Prospects Huge Opportunity in the Indian Steel Pipes & Tubes Industry Indian Steel Pipes & Tubes Industry Per Capita Consumption (Kgs) - Steel 568 • Market Size: ~Rs 500 billion (~8% of total domestic steel market) • Total Domestic Consumption: ~8.5 million tonnes (FY21) • G
Slide 19: Huge demand from various sectors aided by Government Schemes
Huge demand from various sectors aided by Government Schemes Infrastructure & Housing Defence Urban development program – Smart cities, Amrut Scheme, Major application of Structural Steel in the manufacturing of Hriday, National Infrastructure Pipeline (NIP) equipments for Indian Defence Forces
Slide 20: Big Push on demand recovery backed by Government Capex revival
Big Push on demand recovery backed by Government Capex revival Indian government to incur capex of Rs 111 lakh crore for infrastructure development under • 24% of this will go towards Energy sector, a big demand driver of steel NIP (National Infrastructure Pipeline) over FY20-25E pipes and tubes • M
Slide 21: Focus on new value-added products, Strengthening Distribution Network
Focus on new value-added products, Strengthening Distribution Network Focus on expanding share of value-added products With recent capacity expansions, strengthening our base in the Western & Southern market Expanding Value-Added Products where there is a higher demand for value-added galvanized
Slide 22: Historic Financial Performance
HISTORIC FINANCIAL PERFORMANCE Volume (‘000 MT) EBITDA Per Metric Ton 283.20 3,634 269.00 271.20 277.00 226.00 2,661 2,789 2,611 2,091 FY18 FY18 FY19 FY19 FY20 FY20 FY21 FY21 FY22 FY22 EBITDA/ton improved sharply in FY22 led by improvement in sales realization; Increase in contribution from Value Ad
Slide 23: Key Performance Highlights Continued
Key Performance Highlights Continued….. Revenue EBITDA & EBITDA Margin % 1878.85 1360.00 5.5% 5.3% 1340.60 5.9% 1016.00 1209.60 4.9% 5.3% 74.8 100.52 60.1 59.2 70.8 FY18 FY19 FY18 FY20 FY19 FY21 FY20 FY22 FY21 FY22 PAT & PAT Margin % Networth 2.15% 40.3 258.6 2.1% 1.6% 27.5 1.7% 1.7% 21 205.2 20.4 2
Slide 24: Key Financial Ratios
Key Financial Ratios Debt/ Equity (x) EPS (Rs.) 2.24 33.77 1.76 1.7 1.45 1.42 25.79 20.39 18.85 20.85 FY18 FY19 FY18 FY20 FY19 FY21 FY20 FY22 FY21 FY22 Return on Capital Employed % Return on Equity % 19% 22.10% 18.70% 20.80% 16.20% 12.30% 13% 17.41 12.70% 12% FY18 FY18 FY19 FY19 FY20 FY20 FY21 FY21
Slide 25: Consolidated P&L – Last 5 Years
Consolidated P&L – Last 5 Years Particulars (Rs crore) FY18 FY19 FY20 FY21 FY22 Total Income from Operations 1,015.7 1,360.4 1,209.6 1,340.6 1878.84 Raw Materials 913.3 1,236.4 1,095.4 1,210.2 1699.28 Employee Cost 12.1 13.7 17.8 18.8 21.98 Other Cost 30.1 35.6 37.2 40.8 57.07 EBITDA 60.1 74.8 59.2
Slide 26: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (Rs crore) Mar-19 Mar-20 Mar-21 Mar-22 Particulars (Rs crore) Mar-19 Mar-20 Mar-21 Mar-22 Equity 146.8 173.6 205.2 258.61 Non-current Assets 177.4 209.0 241.8 278.95 Equity Share Capital 10.7 10.9 11.2 12.27 Property, Plant and Equipment 169.1 173.0
Slide 27: Team HI-TECH: Board of Directors
Team HI-TECH: Board of Directors Mr. Anish Bansal Mr. Ajay Kumar Bansal Whole-Time Director Chairman & Managing Director B.Sc. (Economics ) in Banking & Finance graduate from An Industry stalwart with over 37 years of experience the Cardiff University, England, with over 13 years of in the steel
Slide 28: Marquee Projects which used Hi-Tech Products; Marquee Clients
…Leading to Long Standing Relationships with Marquee Clientele.. Marquee Clients Marquee Projects which used Hi-Tech Products Solar High Speed Bullet Train Jal Jivan Dedicated Fright Naitonal Express 5G Telecom Mounting Mission Corridor way Towers Structures
Slide 29: Validated by Quality Certifications and Client Awards
…Validated by Quality Certifications and Client Awards CERTIFICATE EXEMPLARY DNV OF BUSINESS GROWTH & RECOGNITIO INNOVATION ASSURANCE N AWARD PERFORMANCE CERTIFICATE MINISTRY OF SUPER SME EXCELLENCE AWARD COMMERCE MINISRY OF STEEL, INDUSTRY GOVERNMENT OF INDIA BEST COMPANY OF THE YEAR AWARD AMONG TO
Slide 30: Connect with us on various Social Media Platforms
Connect with us on various Social Media Platforms ACTIVE LINKS OF SOCIAL MEDIA PLATFORMS OF HI-TECH PIPES https://instagram.com/hitechpipesofficial?igs hid=YmMyMTA2M2Y= https://www.facebook.com/hitechpip esindia/ https://youtube.com/channel/UCg3lYD 8G4gvBuQGD1wkesDw https://www.linkedin.com/company/
Slide 31: For Further Information, Please Contact
For Further Information, Please Contact: Mr. Anish Bansal, Whole Time Director Arun Kumar, CS & Compliance Officer info@hitechpipes.in cs@hitechpipes.in For more details please visit www.hitechpipes.in 30