Hpl Electric & Power Limited · NSE:HPL
Hpl Electric & Power — Q2 FY25 Earnings Presentation
34 slides from Hpl Electric & Power's earnings presentation, Nov 12, 2024
Slide 1: Exchange filing cover letter under Regulation 30
12th November, 2024 The Manager, BSE Limited Listing Department, 25th Floor, New Trading Ring, Rotunda National Stock Exchange of India Ltd. Building, PhirozeJeejeebhoy Towers, “Exchange Plaza”, C-1, Block G, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai – 400 051 Sym
Slide 2: Results Update Q2FY25 & H1FY25
w w w .h p l i n d ia . co m HPL ELECTRIC & POWER LIMITED Results Update Q2FY25 & H1FY25 w ww . h pl i n di a . co m Slide | 1
Slide 3: Disclaimer
Disclaimer This presentation and the following discussion may contain “forward looking statements” by HPL Electric & Power Limited (“HPL” or the Company) that are not historical in nature. These forward-looking statements, which may include statements relating to future results of operations, financ
Slide 4: Summary Discussion
Discussion Summary 01 Company Overview 02 Q2FY25 & H1FY25 Performance Update 03 Business Strategy w w w .h p l i n d ia . co m Slide | 3
Slide 5: Company Overview
Slide | 4 w w w .h p l i n d ia . co m 01 Company Overview
Slide 6: Our Investment Rationale
Company Overview w w w .h p l i n d ia . co m Our Investment Rationale Slide | 5 Note: * Frost & Sullivan 2016
Slide 7: Our Investment Rationale
01 Trusted Electric Equipment Manufacturer w w w .h p l i n d ia . co m Company Overview ▪ ‘One-stop shop’ offering wide range of low-voltage electric products - ❖ Metering Solutions (conventional and smart meters) Our Investment Rationale ❖ Switchgears ❖ Lighting Products ❖ Wires & Cables ❖ Fans In
Slide 8: Product Portfolio
Company Overview HPL is the “ONE-STOP SHOP” for • HPL’s complementary product Wide-Ranging Product Portfolio • w w w .h p l i n d ia . co m Low Voltage Electrical Equipment offerings enable cross-selling across market segments and price and lead to STRONG BRAND ranges RECALL Metering Solutions Indus
Slide 9: State of Art Manufacturing Facilities
Company Overview w w w .h p l i n d ia . co m State of Art Manufacturing Facilities Product Segments Capacity (per annum) Electronic Meters 11 million units Lighting Equipment 26 million units Gurugram Jabli Switchgear 16 million units Facility I: Electronic Meters, R&D Center Facility I: Switchgear
Slide 10: New Product Launch
Company Overview w w w .h p l i n d ia . co m New Product Launch R&D Thrust : Switchgear - Auto Calibration Continuous R&D to Launch and Market Exciting New Innovative Products Electric Wiring Accessories Landscape Lighting Switchgear Range Trade Lighting Vertical Phase Selector – DB’s NEO plus Pc b
Slide 11: Established Pan-India Distribution Network & Brand Presence
Company Overview w w w .h p l i n d ia . co m Established Pan-India Distribution Network & Brand Presence Established Pan-India Distribution Network & Brand Presence To Capture Significant Growth Potential In Electrical Equipment Industry 90+ Branch & Representative Offices Head Office Sr ina gar Br
Slide 12: Extensive Experience, Established Relationships, Strong Credentials
Company Overview w w w .h p l i n d ia . co m Extensive Experience, Established Relationships, Strong Credentials Strong execution, established relationships and strong pre-qualification credentials make HPL a preferred supplier of specialised electrical equipment Extensive Experience Established Re
Slide 13: Performance Update Q2FY25 & H1FY25
Slide | 12 w w w .h p l i n d ia . co m 02 Update Q2FY25 & H1FY25 Performance
Slide 14: Q2FY25 & H1FY25 Salient Highlights
Performance Update w w w .h p l i n d ia . co m Q2FY25 & H1FY25 Salient Highlights Revenue Growth •20.51% YoY in Q2 FY25; 21.46% YoY in H1 FY25. •Metering, Systems & Services grew 32.09%, contributing ₹ 503.11 crore. Gross Profit Improvement •22.10% growth in Q2 FY25 (₹ 146.93 crore); 26.87% in H1 F
Slide 15: Q2FY25: YoY Performance Analysis
Performance Update w w w .h p l i n d ia . co m Q2FY25: YoY Performance Analysis Net Revenues & Gross Margin (%) EBITDA & EBITDA Margin % PAT & PAT Margin (%) Q2 FY25 (in ₹ crore) 34.3% 34.8% 13.5% 14.3% 5.11% 3.15% EBITDA Margin Gross Margin Net Revenue PAT Margin EBITDA 422 21.6 350 PAT 60.6 47.2
Slide 16: H1FY25: YoY Performance Analysis
Performance Update w w w .h p l i n d ia . co m H1FY25: YoY Performance Analysis Net Revenues & Gross Margin (%) EBITDA & EBITDA Margin % PAT & PAT Margin (%) H1 FY25 (in ₹ crore) 33.70% 35.2% 14.3% 2.68% 4.74% 13.0% EBITDA Margin Gross Margin Net Revenue PAT Margin 815 EBITDA 671 116.7 38.6 PAT 87.
Slide 17: Q2FY25: YoY Segment Analysis
Performance Update w w w .h p l i n d ia . co m Q2FY25 : YoY Segment Analysis (in ₹ crore) Segment Net Revenue & EBIT Margin 350 422 158 145 % EBIT Margin Q2 FY24 Q2 FY25 264 205 ◼ Metering, Systems & Services 14.96% 16.49% ◼ Consumer, Industrial & Services 11.85% 10.30% Q2 FY24 Q2 FY25 Segment Reve
Slide 18: H1FY25: YoY Segment Analysis
Performance Update w w w .h p l i n d ia . co m H1FY25 : YoY Segment Analysis (in ₹ crore) Segment Net Revenue & EBIT Margin 671 815 312 % EBIT Margin H1 FY24 H1 FY25 290 503 14.67% 16.40% 381 ◼ Metering, Systems & Services ◼ Consumer, Industrial & Services 11.56% 10.46% H1 FY24 H1 FY25 Segment Reve
Slide 19: Update & Business Outlook
Q2FY25 Performance Update w w w .h p l i n d ia . co m Update & Business Outlook • The company is holding a strong • We are committed to fostering a culture of innovation through • Smart Meters are the next game changer in the growth- and stable order book and continuous investment in advanced machi
Slide 20: Q2FY25 & H1FY25 Consolidated Profit & Loss Statement
Performance Update w w w .h p l i n d ia . co m Q2FY25 & H1FY25 Consolidated Profit & Loss Statement Particulars (In ₹ Crore) Q2 FY25 Q2 FY24 YoY% H1 FY25 H1 FY24 YoY% Revenue from Operations 422.32 350.45 20.51% 815.23 671.20 21.46% COGS 275.40 230.12 19.68% 528.01 444.81 18.71% Gross Profit 146.93
Slide 21: Q2FY25 & H1FY25 Consolidated Balance Sheet
Performance Update w w w .h p l i n d ia . co m Q2FY25 & H1FY25 Consolidated Balance Sheet Equity And Liabilities (In ₹ Crore) Sep-24 Mar-24 Assets (In ₹ Crore) Sep-24 Mar-24 Shareholder's Fund 868.15 830.11 Non-Current Assets 525.30 490.21 Equity Share Capital 64.30 64.30 Property, plant and equipm
Slide 22: Marketing Campaigns – Amplifying Our Social Media Presence
Q2FY25 Performance Update “Garnered Reach of Over 20 Million” w w w .h p l i n d ia . co m Marketing Campaigns – Amplified our Brand Presence Through Social Media Handles Amplifying Our “Social Media” Presence Conducted as well as Sponsored various Industrial Webinars and Virtual Exhibitions Slide |
Slide 23: Electrician Meets
Q2FY25 Performance Update w w w .h p l i n d ia . co m Electrician Meets 02 01 03 Meet in Durg, Chattisgarh Retailer Meet in Gurugram, Haryana Meet at Brahampuri, Nagpur 05 06 04 Slide | 22 Meet At Gurgaon, Haryana Meet at Lucknow Retailer Digha, Patna
Slide 24: Distributor/Dealer Meets, Retailers Trips
Q2FY25 Performance Update Distributor/Dealer Meets w w w .h p l i n d ia . co m Retailers Trips 1 2 3 Dealer’s Meet, Chandigarh Distributor Meet, Srinagar 4 HPL Retailers Trip to Ramoli Film City 5 6 Slide | 23 Dealer’ s Meet at Kolkata Dealer’s Meet, Guwahati Raipur HPL Top Retailers Trip to Thaila
Slide 25: Presentations & Visits
Q2FY25 Performance Update w w w .h p l i n d ia . co m Presentations & Visits 02 01 In-house Presentation at Udhampur In-house Presentation at CWE Yole Cantt, HP 04 03 Slide | 24 Contractor meet in Bhavnagar, Ahmedabad Our participation in United Agritech, Madura
Slide 26: Awareness & Training Programs
Q2FY25 Performance Update w w w .h p l i n d ia . co m Awareness & Training Programs 01 02 BIS- Faridabad Officers arranged an industrial visit of Government Senior Eighty teachers from forty-two schools took part in a joint BIS visit to the HPL Slide | 25 Secondary School students to our Gurugram M
Slide 27: Our Presence at Exhibitions
Q2FY25 Performance Update w w w .h p l i n d ia . co m Our Presence at Exhibitions Participated in Renewable Energy and Participated in SETA Expo‘2024 (15th to Participated in Electric & Power Jakarta’2024 Electric Vehicle Expo‘2024 (23 rd – 25th 17th Aug) in Hyderabad Exhibition, Indonesia (28th -3
Slide 28: Business Strategy
Slide | 27 w w w .h p l i n d ia . co m 03 Business Strategy
Slide 29: Future Business Strategy for Value Creation
Business Strategy w w w .h p l i n d ia . co m Future Business Strategy for Value Creation • Commands a ‘market share of ~20%’ in the domestic meters market with Leading Electric Meter Manufacturer an ‘installed capacity of 1.1 crore meters per year’ Fully Geared To Meet • Well Positioned to Capital
Slide 30: Smart Meters – A Game Changing Initiative With Enormous Potential
Business Strategy w w w .h p l i n d ia . co m Smart Meters – “A Game Changing Initiative” With Enormous Potential • What is the opportunity size? Smart Meter Suppliers ❖ Meters with embedded software to enable automation and communication ❖ Ministry of Power plans to install 25 to 30 crore smart me
Slide 31: Smart Meters – An Industry Leader with Cutting-edge Innovation
Business Strategy w w w .h p l i n d ia . co m Smart Meters – “An Industry leader with Cutting-edge innovation” • What sets HPL’s smart meters apart? ❖ HPL’s meters have embedded software to enable automation, data collection, and customization equipped with ‘Wirepas’ ‘RF Mesh’ technology communicat
Slide 32: Fuelling Innovation Across Industries: Transformative Potential of 5G
w w w .h p l i n d ia . co m Fuelling Innovation Across Industries: The “Transformative Potential” of 5G HPL’s Competitive Edge Extensive • Leadership in smart metering and power ✓ Expertise & solutions, HPL Electric & Power Ltd. bringing Product Portfolio a wealth of experience to the 5G market Gov
Slide 33: Focus on Driving Healthy Growth in The Consumer Business
Business Strategy w w w .h p l i n d ia . co m Focus on Driving Healthy Growth in The ‘Consumer’ Business ‘Consumer’ segment includes Non-utility Metering, Switchgear, Lighting, and Wires & Cables. HPL is looking to drive healthy growth in this business by using a 3-pronged approach • Enhancing dist
Slide 34: Thank You
Thank You www. hplin dia . com Mr. Gautam Seth Joint Managing Director & CFO Email: gautamseth@hplindia.com v Ms. Shankhini Saha Email: hpl@dickensonworld.com