Alicon Castalloy Limited · NSE:ALICON
Alicon Castalloy — Q4 FY2020 Earnings Presentation
28 slides from Alicon Castalloy's earnings presentation, Jun 29, 2020
Slide 1: Cover letter to BSE and NSE
June 29, 2020 To To The Manager The Manager The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P. J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalai Street, Mumbai — 400 001 Bandra (East), Mumbai — 400 051 Scrip Code: 531147
Slide 2: Q4 FY20 Results Presentation
Alicon Castalloy Ltd Q4 FY20 Results Presentation June 29, 2020
Slide 3: Forward-looking statements disclaimer
Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "conte
Slide 4: Agenda
COVID19 Concall Impact on the Details Business Q4 & FY2020 About Alicon Highlights 3
Slide 5: About Alicon Castalloy
About Alicon Castalloy
Slide 6: End-to-end solutions across aluminum casting needs
Offers end-to-end solutions spanning the entire spectrum of aluminum casting needs across multiple user industries Offers - Design, Diversified Pioneer in Engineering, marquee Robust track India for Casting, Customer record of 44 processes of Operates one Leaders in the Machining and base across yea
Slide 7: Alicon key figures
960.0 108.7 86 customers with.. 4 INR crore of Total INR crore of Manufacturing Income in FY20 EBITDA in FY20 716 Live Parts Units 120 1,039 Presence in No. of product 18 No. of permanent innovations during FY20 countries employees 6
Slide 8: A blend of European engineering skills, Japanese quality
Enkei Corporation Alicon Castalloy Leading Japanese Largest Foundry in India – motor cycle and offering frugal engineering passenger car solutions wheel A blend of manufacturer European 70+ years of 50+ years of track record 230+ engineering skills, experience Years of Cumulative Japanese quality Si
Slide 9: Catering to key sectors of the Indian economy
Prototype Design Tool Design & Painting & Manufacturing Simulation Machining & Tool Sub-Assembly Manufacturing VA/VE Casting Fixture Design & Suggestions Manufacturing Manufacturing Catering to key sectors of the Indian economy Automobile Infrastructure Aerospace Medical Energy Agriculture 8
Slide 10: Strategic locations enable better speed-to-market
Strategic locations enable better speed-to-market and increased cost optimization 4 modern plants France (1 international) Slovakia High-end machines Austria Binola USA Pune Advanced Technology Centre Globally competent Tool Rooms (20 tools/ a month USA Marketing Franchise Full-edged Machine Shop (i
Slide 11: Diversity across markets and industries provides a natural hedge
Diversity across markets and industries provides a natural hedge TWO WHEELER OEM FOUR WHEELER OEM TIER 1 & NON AUTO Not reliant on a single ‘anchor’ customer None of the customers contribute >15% of turnover AND MANY MORE…. 10
Slide 12: Impact of COVID-19 and Alicon's Response
Impact of COVID-19 and Alicon’s Response 11
Slide 13: Quarter started with anticipated demand; COVID-19 disruption
• Alicon started the quarter anticipating increased demand due to following reasons: – The transition from BSIV to BSVI – New product development and SOP – Normal demand from all OEMs for achieving their targets • Q4 operations were hit by the spread of COVID19 in USA and Europe • Because of the spr
Slide 14: Manufacturing operations and internal rewiring
Manufacturing operations: • In compliance with the directives of the Central Government, the Company temporarily closed operations across its manufacturing plants in Shikrapur and Binola in India from March 22, 2020 to May 11, 2020 – Currently, these units are operating at a 33% capacity utilization
Slide 15: Impact on administration, customer support and supply chain
Impact of COVID-19 pandemic and Lockdown measures on Business Operations Administrative: – The Company’s administrative offices in India and Austria swiftly implemented Work from Home from March onwards – Mock drills were conducted to ensure critical activities can be carried from home – Active enga
Slide 16: Long-term strategy and order book progress
• As an organization, Alicon remain solid and stable, and its long-term strategic approach remains towards increasing market share in India and global markets as well as elevating the product portfolio catering to non-auto sectors • Once the situation stabilizes, the Company aims to upscale producti
Slide 17: Support for society and employees
• For Society - Alicon team took decisive action to support individuals and families by distributing food ration kits which included essential food items to sustain affected people for 2 to 4 weeks. Over the last 3 months, we have distributed 4,250 food ration kits in Binola, Chinchwad, Shikrapur, R
Slide 18: Q4 & FY2020 Financial Performance
Q4 & FY2020 Financial Performance
Slide 19: Q4 FY20 financial performance
• In the beginning of the fourth quarter, the Company was anticipating a healthy Total Income EBITDA increase in demand for supplies of BS-VI components 317.4 41.1 • However, he outbreak of the Covid-19 pandemic followed by a nation-wide 198.3 lockdown announced by the central 12.8 government in mid
Slide 20: Q4 revenue mix: auto, non-auto, domestic, exports
Non-auto 10% Exports 26% Domestic Auto 74% 90% 19
Slide 21: FY20 financial performance
• FY2020 was a challenging year for the auto industry Total Income EBITDA • The slowdown witnessed in the second half 1,192.1 149.6 of FY2019 continued and was further 960.0 108.7 complicated with the transition to BS-IV norms. In addition, the outbreak of the pandemic and subsequent lockdowns cause
Slide 22: FY20 revenue mix: auto, non-auto, domestic, exports
Non-auto 8% Exports, 21% Domestic , 79% Auto 92% 21
Slide 23: Profit and loss statement
Particulars (Rs. crore) Q4FY20 Q4FY19 Y-o-Y Shift FY20 FY19 Y-o-Y Shift Net Revenue from Operations 197.72 316.55 -38% 957.19 1,188.90 -19% Other Income 0.61 0.86 -29% 2.79 3.16 -12% Total Income 198.33 317.41 -38% 959.98 1,192.05 -19% Total Expenditure 185.51 276.31 -33% 851.29 1042.44 -18% Raw Mat
Slide 24: Balance sheet
As on March As on March As on March As on March Liabilities (Rs. Crore) Assets (Rs. Crore) 31, 2020 31, 2019 31, 2020 31, 2019 a) Shareholders’ Funds 314.93 308.26 a) Non-current Assets 417.08 380.73 b) Non-current Liabilities (NCL) 161.84 99.53 a) Current Assets 484.33 498.57 - Long-term Borrowings
Slide 25: CEO commentary on performance
Commenting on the performance, Mr. Rajeev Sikand, Group CEO , Alicon Castalloy said, “FY20 has been a challenging year for the Auto Industry which now has to further contend the unprecedented disruption caused by the COVID-19 pandemic. The impact on mobility has been more pronounced and the pandemic
Slide 26: Concall Details
Concall Details
Slide 27: Q4 FY20 Earnings Conference Call
Alicon Castalloy’s Q4 FY20 Earnings Conference Call Time & Date • 2 PM on Monday, June 29, 2020 Local dial-in numbers • +91 22 6280 1141 • +91 22 7115 8042 International Toll Free Number • Hong Kong: 800 964 448 • Singapore: 800 101 2045 • UK: 0 808 101 1573 • USA: 1 866 746 2133 2
Slide 28: Thank You
Thank You For further information, please contact: Tarunkumar Vyas Alicon Castalloy Ltd Tel: +91 74200 73369 E-mail: tarun.vyas@alicongroup.co.in Mayank Vaswani / Shikha Kshirsagar / Mit Shah CDR India Tel: +91 98209 40953 / 99201 68314 Email: mayank@cdr-india.com shikha@cdr-india.com For more infor