Man Industries (india) Limited · NSE:MANINDS
Man Industries (india) — H1 FY20 Earnings Presentation
28 slides from Man Industries (india)'s earnings presentation, Nov 14, 2019
Slide 1: Exchange cover letter: Investor Presentation for quarter ended 30.09.2019
an ISO 9001 / 14001 / 18001 accredited company © MA N www.mangroup.com CIN NO, - L99999MH1988PLC047408 hare. Industries (India) Ltd the line pipe people November 14, 2019 To, To, BSE Limited National Stock Exchange of India Ltd 1* Floor, New Trading Ring, Exchange Plaza, 5" Floor, Rotunda Building,
Slide 2: Q2 & H1FY20 Investor Presentation
Q2 & H1FY20 Investor Presentation November 2019
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Man Industries (India) 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
Slide 4: Table of Contents
Q2 & H1FY20 Financial 01 Performance Company Overview 02 and Strengths Table of 03 Industry Opportunities Contents 04 Growth Strategy Historical Financial 05 Performance
Slide 5: Q2 & H1 FY20 Financial Performance
01 Q2 & H1 FY20 Financial Performance
Slide 6: Q2FY20 & H1FY20 Consolidated Profit and Loss Statement
Q2FY20 & H1FY20 Consolidated Profit and Loss Statement (Rs. Mn) Q2 FY20 Q2 FY19 H1 FY20 H1 FY19 Revenue 3,060 8,027 5,449 14,353 Other Income 130 (2,90) 191 (249) Total Revenue 3,191 7,737 5,639 14,104 Gross Profit 1,009 1,651 1,867 3,317 Gross Margin 31.6% 21.3% 33.1% 23.5% Operating expenses 2,786
Slide 7: Consolidated Balance Sheet as on 30th Sep 2019
Consolidated Balance Sheet as on 30th Sep 2019 Rs mn Sep’19 Mar’19 Current Assets Inventories 2,949 2,166 Sundry Debtors 5,854 5,553 Cash and Bank 672 473 Other Financial Assets 1,352 1,300 Non-Current Assets Property, Plant and Equipment 3,752 3,964 Other Non-current Financial Assets 136 49 Other N
Slide 8: Company Overview and Strengths
02 Company Overview and Strengths
Slide 9: Globally Leading LSAW & HSAW Pipe Manufacturer
Globally Leading LSAW & HSAW Pipe Manufacturer Strategically located Focused SAW pipe manufacturer and manufacturing facilities at exporter with over three decades Gujarat & MP with good connectivity of experience to rail, roads and ports One million MTPA of total installed Strong global presence ac
Slide 10: Over Four Decades of Eventful Journey – Man Group
Over Four Decades of Eventful Journey – Man Group 1970-99 2000-06 2007-12 2013-18 2019 ▪ 1988 – Started with ▪ 2001- Coating plant ▪ 2007- Received ▪ 2016- Successfully ▪ Started third plant of Aluminum Extrusion for PE & CTE coating prestigious order of commissioned 5,600 3 LPE/FBE Coating. Plant a
Slide 11: Specialized Large Diameter Pipes Product Portfolio
with Specialized Large Diameter Pipes Product Portfolio Products Product Specification Capacity Industry Usage 16" to 56” diameter 5,00,000 Oil, gas, petrochemicals, LSAW Pipes 6 mm to 55 mm thickness MT pa fertilizers and dredging 18" to 140” diameter 5,00,000 Oil, water, sewerage HSAW Pipes 6 mm t
Slide 12: Strategically Located Manufacturing Facilities
and Strategically Located Manufacturing Facilities Anjar, Gujarat Pithampur, Madhya Pradesh ▪ Strategically located close to Kandla & ▪ Close to national highway, saving logistic Mudra port to cater to International market cost ▪ Close to rail head and national highway ▪ Strategically located in the
Slide 13: International Marquee Clientele
International Marquee Clientele Domestic Clients Approved vendor for major oil and gas companies globally; a strong entry barrier 12
Slide 14: Domestic Marquee Clientele
Domestic Marquee Clientele Domestic Clients Long term client partnerships built on quality execution 13
Slide 15: Unwavering & Experienced leadership
Unwavering & Experienced leadership Dr. Ramesh C. Mansukhani Group Chairman ▪ First generation entrepreneur with over four decades of industry experience ▪ Driving force behind the success of the Man Group through setting up new manufacturing facilities with latest technologies ▪ Holds PhD in Intern
Slide 16: Certifications and Approvals Ensuring Quality
Certifications and Approvals Ensuring Quality Rajeev Ratna Award in 1994. Udhyog Ratna & Management Excellence Award in 1995 Recipient of GAIL Award 2010-11 & Niryat Shree Award of FIEO 2001-02 API Spec Q1, 5L & 2B and IS 3589 : 2001 Star Performer Award by EEPC India for Outstanding contribution to
Slide 17: Industry Opportunities
O3| Industry Opportunities
Slide 18: Robust Opportunity in Oil & Gas Sector Globally
Robust Opportunity in Oil & Gas Sector Globally… Expanding investments in oil and gas exploration Global upstream capital expenditure, which dropped nearly 45% between 2014 and 2016 is now forecast to rise 6% year-on-year in the medium term New investments being done in oil and gas transmission line
Slide 19: Huge Opportunities in India
… as well as Huge Opportunities in India Largest exporter of petroleum Over 15,000 km gas pipelines under development products in Asia India is planning to expand its natural gas network to more of its urban masses – link 10 million homes to gas grids by 2020 Second largest refiner in Asia; 249
Slide 20: Opportunities beyond Oil & Gas – Water Infrastructure
Opportunities beyond Oil & Gas – Water Infrastructure Total spending on water and sanitization in India Key industries to benefit from “Nal se Jal” likely to double in FY20-25 (Rs. bn) Water Treatment, EPC & Civil Work, 25% 25% ~6,000+ 3,135 Pumps & Pipes, 1,231 Valves, 10% 40% FY10-14 FY15-19 FY20-
Slide 21: Growth Strategy
O04 Growth Strategy
Slide 22: Future Outlook and Growth Strategy
Future Outlook and Growth Strategy Favorable Demand Capacity and Process • Huge industry opportunities with • Current installed capacity is global bid pipeline sufficient to cater to ~2,35,000 km till 2030 growing demand • Favorable demand from • Best in class machinery, USA, Middle East, North Indu
Slide 23: Historical Financial Performance
05 Historical Financial Performance
Slide 24: Financial Highlights
Financial Highlights Revenue (Rs. mn) Gross Profit (Rs. mn) & Gross Profit Margin 27.7% 27.3% 24.3% 22,424 5,454 16,643 4,552 11,329 3,134 FY17 FY18 FY19 FY17 FY18 FY19 EBITDA (Rs. mn) & EBITDA Margin PAT (Rs. mn) & PAT Margin 10.7% 10.9% 8.9% 3.0% 3.8% 2.6% 1,997 637 588 1,813 1,207 336 FY17 FY18 F
Slide 25: Key Metrics and Ratios
Key Metrics and Ratios Roce (%) 16 14 8 FY17 FY18 FY19 Debt/Equity (x) Book value per share (Rs) 0.7 114 123 0.6 105 0.3 FY17 FY18 FY19 FY17 FY18 FY19 Consolidated Figures 24
Slide 26: Annual Consolidated Profit and Loss Statement
Annual Consolidated Profit and Loss Statement (Rs. Mn) FY19 FY18 FY17 *Total Revenue 22,424 16,643 11,329 Gross Profit 5,454 4,552 3,134 Gross Margin 24.3% 27.3% 27.7% Operating expenses 20,427 14,830 10,122 EBITDA 1,997 1,813 1,207 EBITDA Margin 8.9% 10.9% 10.7% Finance Cost 653 430 363 Depreciatio
Slide 27: Consolidated Balance Sheet
Consolidated Balance Sheet Rs mn Mar’19 Mar’18 Mar’17 Current Assets Inventories 2,166 4,183 1,089 Sundry Debtors 5,553 3,827 3,406 Cash and Bank 473 667 1,548 Other Financial Assets 1,300 2,243 2,660 Non-Current Assets Property, Plant and Equipment 3,964 3,554 3,456 Other Non-current Financial Asse
Slide 28: Thank You
THANK YOU Man Industries (India) Ltd. Pareto Capital (Investor relations advisor) Pushpa Mani, Manager IR Ms. Pooja Dokania/ Mr. Arpit Gandhi pushpa.mani@maninds.org pooja.dokania@paretocapital.in / Man House, 101, S.V. Road, Vile Parle (W), Mumbai. arpit.gandhi@paretocapital.in B/ 210, Kanakia Wall
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