Precision Camshafts Ltd. · NSE:PRECAM

Precision Camshafts — Q2 FY17 Earnings Presentation

14 slides from Precision Camshafts's earnings presentation, November 2016

  1. Slide 1: Results Presentation – Q2 & H1 FY17

    RESULTS PRESENTATION – Q2 & H1 FY17 NOVEMBER 2016 PRECISION CAMSHAFTS LIMITED

  2. Slide 2: Disclaimer

    DISCLAIMER This presentation and the following discussion may contain “forward looking statements” by Precision Camshafts Limited (“Precision Camshafts” or “PCL” or the “Company”) that are not historical in nature. These forward looking statements, which may include statements relating to future res

  3. Slide 3: Discussion Summary

    DISCUSSION SUMMARY  Q2 & H1 FY17 RESULT ANALYSIS  COMPANY OVERVIEW  SHAREHOLDING SRUCTURE 3

  4. Slide 4: Key Highlights

    Q2 & H1 FY17 RESULT ANALYSIS KEY HIGHLIGHTS Based on Standalone Financials H1 FY17 YoY Analysis In Rs Mn REVENUES & GROSS MARGIN EBITDA & EBITDA MARGIN PAT & PAT MARGIN 71.0% 71.3% 27.0% 14.2% 25.6% 13.4% 2,458.5 2,361.3 350.3 662.7 603.9 315.3 H1 FY16 H1 FY17 H1 FY16 H1 FY17 H1 FY16 H1 FY17 Revenue

  5. Slide 5: Revenue Analysis – H1 FY17

    Q2 & H1 FY17 RESULT ANALYSIS REVENUE ANALYSIS Based on Standalone Financials H1 FY17 YoY Analysis PRODUCT REVENUES - CASTINGS VS MACHINED CAMSHAFTS PRODUCT REVENUES - DOMESTIC VS EXPORTS 2,297.4 2,203.8 2,297.4 2,203.8 627.8 21.1% 533.6 26.2% 760.0 673.4 1,669.6 -13.5% 1,443.8 1,763.7 -13.2% 1,530.4

  6. Slide 6: Revenue Analysis – Q2 FY17

    Q2 & H1 FY17 RESULT ANALYSIS REVENUE ANALYSIS Based on Standalone Financials Q2 FY17 YoY Analysis PRODUCT REVENUES - CASTINGS VS MACHINED CAMSHAFTS PRODUCT REVENUES - DOMESTIC VS EXPORTS 1,142.6 1,142.6 1,052.2 1,052.2 21.8% 283.5 29.2% 342.2 416.7 366.3 800.3 -20.6% 859.1 -20.2% 635.5 685.9 Q2 FY16

  7. Slide 7: Continued Focus on Increasing the Share of Machined Camshafts

    Q2 & H1 FY17 RESULT ANALYSIS REVENUE ANALYSIS CONTINUED FOCUS ON INCREASING THE SHARE OF MACHINED CAMSHAFTS Revenue from Machined Camshafts (Rs Mn) 22% 20% 416.7 342.2 343.3 285.5 Q1 FY16 Q2 FY16 Q1 FY17 Q2 FY17 Volume of Machined Camshafts in ‘000 34% 29% 411.0 337.1 310.4 261.7 Q1 FY16 Q2 FY16 Q1

  8. Slide 8: Result Highlights

    Q2 & H1 FY17 RESULT ANALYSIS RESULT HIGHLIGHTS Q2 FY17 Total Revenues declined by 8.4% to Rs 1,134.1 mn. • Domestic revenues increased by 29.2% and export revenues decreased by 20.2%. • Share of domestic vs. exports was 35:65 in Q2 FY17 compared to 25:75 in Q2 FY16. • Sales of casting camshafts decl

  9. Slide 9: Standalone P&L Statement

    Q2 & H1 FY17 RESULT HIGHLIGHTS STANDALONE P&L STATEMENT Particulars (In Rs Mn) Q2 FY17 Q2 FY16 YoY % Q1 FY17 QoQ % H1 FY17 H1 FY16 YoY% Revenue from Operations 1,114.2 1,184.6 -5.9% 1,202.3 -7.3% 2,316.5 2,382.1 -2.8% Other Operating Income 19.9 53.7 -62.9% 24.9 -20.1% 44.8 76.3 -41.3% Total Revenue

  10. Slide 10: Standalone Balance Sheet

    Q2 & H1 FY17 RESULT HIGHLIGHTS STANDALONE BALANCE SHEET Particulars (In Rs Mn) Sep-16 Particulars (In Rs Mn) Sep-16 Equities & Liabilities Assets Shareholder's Funds Non-Current Assets Equity Share Capital 947.4 Property, plant and equipment 1,803.9 Other equity 4,388.1 Capital work-in-progress 471.

  11. Slide 11: Marquee Customers and Global Footprint

    COMPANY OVERVIEW MARQUEE CUSTOMERS AND GLOBAL FOOTPRINT MARQUEE CUSTOMERS GEOGRAPHICAL FOOTPRINT Canada Germany Russia UK Spain Uzbekistan Austria South Korea USA Hungary China India Brazil Geographies in which customers are serviced by PCL MARKETING NETWORK 4 continents serviced through various age

  12. Slide 12: Capacity Expansion – Addition of New Machine Shop

    COMPANY OVERVIEW CAPACITY EXPANSION – ADDITION OF NEW MACHINE SHOP CAPACITY EXPANSION: ADDITION OF MACHINE SHOP  New machine shop for ductile / assembled / chilled cast iron camshafts at EOU division in Solapur  Proposed capacity – 2.0 mn units / year  Total capex – Rs 2,302 mn  Capacity additio

  13. Slide 13: Shareholding Structure

    SHAREHOLDING STRUCURE % Shareholding – September 2016 Key Institutional Investors – As on 30th SEPTEMBER 2016 Promoters and Public, 19.41% Promoter Group, SBI MF 7.20% 63.92% IDFC PREMIER EQUITY FUND 3.60% Institutions, 16.67% ICICI PRUDENTIAL MF 1.96% Canara ROBECO MF 1.28% HDFC MF 1.12% 13

  14. Slide 14: For Further Queries

    FOR FURTHER QUERIES: Mr Ravindra R Joshi Precision Camshafts Limited Director & CFO Email ID: rrjoshi@pclindia.in Contact No: 91 217 23295433 Nilesh Dalvi / Yashesh Parekh Dickenson Seagull IR IR Consultant Email ID: nilesh.dalvi@dickensonir.com yashesh.parekh@dickensonir.com Contact No:+91 98192891

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