Slide 1: Investor Presentation filing cover letter
(/j PG P6 ELECTROPLAST LIMITED Cl N-L321 09DL2003PLC 119416 Unit-IV A-20/2, MIDC Supa, Taluka- Parner Distt. Ahmednagar, Maharashtra-414301, India Phone: 02488-213343 E-mail# info@pgel.in Website# www.pgel.in November 13, 2021 To, To, The Manager (Listing) The Manager (Listing) BSE Limited, National
Slide 2: PG Electroplast Company Update 2Q FY2022
PG Electroplast Company Update 2Q FY2022, November 2021 1
Slide 3: Disclaimer
Disclaimer This presentation has been prepared for informational purposes only. This Presentation does not constitute a prospectus, Offering circular or offering memorandum and is not an offer or initiation to buy or sell any securities, nor shall part or all of this presentation from the basis of,
Slide 4: Agenda
Introduction Quarterly Financials Agenda Quarterly - Key Metrics Strategy & Outlook Historical Financials 3
Slide 5: About PG Electroplast Limited
▪ PG Electroplast Limited (PGEL) is the flagship company of PG Group. While the PG Group had started its journey in 1977, PG Electroplast was formally set up in 2003 and is a leading, diversified Indian Electronic Manufacturing Services provider. ▪ PGEL specializes in Original Design Manufacturing (
Slide 6: Our Journey
AC Outdoor Unit Assembly capabilities developed. Developed and launched ODM platform for Fully Automatic Washing Machines. Developed and launched ODM platform for Air Coolers. Our 2021 Journey 5
Slide 7: Industries Served
Industries Served Air Washing LED Air Automotive Bathroom Consumer Conditioners Machines Televisions Coolers Components Fittings Electronics 6
Slide 8: Key Financials
• The Company has grown ~2.7 times in five years from a revenue of INR 263 crores in 2015-16, to INR 706 crores in 2020-2021 at a 22% CAGR with the EBITDA Key Financials increasing at a 20% CAGR. • Over the past five years, the company has done a cumulative Capital Expenditure of close to INR 220 Cr
Slide 9: Key Clients
Key Clients BLUE STAR BPL ~idea~ Crompton Flipkart Heier ~ 'f'Y Honeywell INTeX ~ HAVELLS &J A B 1L joquor KeL.,-;~a~or KOHLER. LAVA - LG LUMI\X motherson •II Q ~!Jt~cnt Panasonic Reft ncedigital 5ic:dc:::amp I.ISANSUI &ml' 8
Slide 10: Agenda
Introduction Quarterly Financials Agenda Quarterly - Key Metrics Strategy & Outlook Historical Financials 9
Slide 11: 2QFY2022 Standalone Profit & Loss Highlights
2QFY2022 • One-off expenses impact margins during the quarter Standalone Profit • Lower Interest cost and depreciation boost the bottom line. & Loss Highlights • The Orderbook for product business is promising for the year and company remains optimistic on the outlook. (Figures in FY2021 FY2022 Grow
Slide 12: 1H 2022 Balance sheet - standalone
1H 2022 Balance sheet - standalone As on As on As on As on A. EQUITY AND LIABILITIES B. ASSETS 30.09.2021 31.03.2021 30.09.2021 31.03.2021 (a) Share capital 208.9 196.9 (a) Fixed assets 2,756.0 2,731.3 (b) Reserves and surplus 2,531.2 1,727.8 (b) Capital Work in Progress 79.6 60.1 Sub-Total - Shareh
Slide 13: Agenda
Introduction Quarterly Financials Agenda Quarterly - Key Metrics Strategy & Outlook Historical Financials 12
Slide 14: Financial Metrics
• EBITDA margins are impacted due to the one-off expenses, However operating leverage in coming quarters should help normalize Financial margins. Metrics • Working capital remained at normalized levels despite supply chain disruptions . • Revenue growth outlook is improving, while margin outlook is
Slide 15: Business Breakup
• Washing Machine (WM) and AC IDU Business has seen robust growth, WM business grew 98% in 1H, and company is making Business further investments in the washing machine and AC platforms. • Products business remains the focus area and growth driver for the Breakup company. • For FY2022 company is mak
Slide 16: Major Highlights of 6M 1HFY22
• Company has been able to strengthen its balance sheet by completing its Equity raise program. • Due to COVID-19 mandated shutdowns and its after-effects, Production loss for the first half has been significant across Major segments. However, company has seen good acceptance of its product business
Slide 17: Agenda
Introduction Quarterly Financials Agenda Quarterly - Key Metrics Strategy & Outlook Historical Financials 16
Slide 18: Industry Outlook
Industry Outlook The Rapid rate of urbanization, Low penetration levels, falling Government reforms such as growth of young population with prices of durables and electronics Digital India, Make in India, Power rising income levels is leading to and changing lifestyle of the for all and Jan Dhan-Aad
Slide 19: Future Growth Strategy: Opportunities & Challenges
Future Growth Strategy • Washing Machines Company foresees large • Room Air conditioner opportunities in plastic • Refrigerators moulding in consumer durables in appliances like: • Ceiling Fans • Sanitaryware products • Air coolers Opportunities in the ODM • Washing machines space for products like:
Slide 20: Future Outlook
Gradual improvement in margins due to better operational efficiencies and Future Outlook higher operating leverage Improving • Product business to drive profitability and growth for the company higher cash- flows, will lead to better capital • Company is developing new efficiency and stronger balanc
Slide 21: Agenda
Introduction Quarterly Financials Agenda Quarterly - Key Metrics Strategy & Outlook Historical Financials 20
Slide 22: Profit & Loss Statement
Profit & Loss Statement Figures in INR Millions Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Net Sales 2,603 3,664 3,994 5,084 6,394 7032 Growth (%) 9.0% 40.8% 9.0% 27.3% 25.8% 10.0% Expenditure 2.422 3,456 3,749 4,777 5,993 6534 Increase/Decrease in Stock (48) 19 (109) (41) (70) 32 Raw Material Consum
Slide 23: Balance Sheet
Balance Sheet A. EQUITY AND March 16 March 17 March 18 March 19 March 20 March 21 B. ASSETS March 16 March 17 March 18 March 19 March 20 March 21 LIABILITIES (a) Share capital 164 164 164 187 195 197 (a) Fixed assets 1456 1620 1785 1921 2532 2726 (b) Reserves and surplus 1,032 1,068 1,144 1,504 1,56
Slide 24: Thank You for Your Time and Consideration!
Thank You for Your Time and Consideration! 23