Jash Engineering Ltd. · NSE:JASH
Jash Engineering — Q1 FY2025 Earnings Presentation
32 slides from Jash Engineering's earnings presentation, Aug 9, 2024
Slide 1: Investor Presentation Q1FY25, August 2024
JASH ENGINEERING LTD. Contributing to a sustainable environment…….Worldwide ! Investor Presentation Q1FY25, August 2024 Mahr Maschinenbau
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Jash Engineering 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 secur
Slide 3: Agenda
1 Company Overview Agenda 2 Product Overview 3 Financial Overview 4 Business Outlook Head Office at Unit 1 in Indore
Slide 4: Company Overview
Company Overview
Slide 5: Jash at-a-glance
Jash at-a-glance An ISO-9001:2015 / ISO-14001:2015 / OHSAS ISO 45000:2018 certified company dedicated to offering varied products for use in Water and Wastewater Pumping Stations and Treatment Plants, Storm Water Pumping Stations, Water Transmission Lines, Desalination, Power, Steel, Cement, Paper
Slide 6: Evolution of the company
Evolution of the company Biggest Water Control gates company of India Established UNIT-3 of Expanded Screen manufacturing Technical collaboration with & converted into public limited company. 50,000 Sqft. At SEZ facility and became largest Weco Armaturen, Germany to Technical & Financial collaborati
Slide 7: Evolution Through Acquisition
Evolution Through Acquisition Waterfront Fluid Controls Ltd, UK To seize the opportunity presented by closure of Hambaker and become the (Acquisition value GBP 2 million) largest Water Control Gates company in UK using Waterfront local presence. Rodney Hunt Inc., USA To add world renowned brand and
Slide 8: State of Art Facilities & Turnover Capability
State of Art Facilities & Turnover Capability Total Turnover Potential from existing facility ₹ 800+ Cr UNIT-1 CAST PRODUCTS PLANT UNIT-2 FABRICATED PRODUCTS PLANT UNIT-3 SEZ PLANT Built Up Area: 125,000 Sq. ft. Built Up Area: 185,000 Sq. ft. Built Up Area: 75,000 Sq. ft. Turnover Capability : ₹ 75
Slide 9: Plant Capabilities
Plant Capabilities Bend & shear Shot blasting of carbon Physical & Chemical stainless steel up to steel up to 5000 x 4000 x testing of material 14 mm thick 20000mm Machine job with maximum size of upto Bath pickle 10,000 x 4000 x stainless steel jobs Flight Forming Positive Material 1000 mm on CNC u
Slide 10: Products Overview
Products Overview
Slide 11: Product at a Glance
Product at a Glance Water intake Systems Heavy Fabricated Gates Coarse Screening Fine Screening Equipment Equipment Penstocks / Open Channel Bulk Head Slide Roller Gates Trash Rack Jash MMR Screenmat Step Rotoclean Rotary Sluice Gates Gates Gates Screen Screen Drum Screen Downward Opening Flap Gates
Slide 12: Product at a Glance
Product at a Glance Screening Conveying Heavy Fabricated Gates Bulk Solid Handling Knife Gate Valves Equipment Valve Belt Conveyor Screw Conveyor “ZFI” Series “MONO” Series Slide Gate Valve Swing Gate Valve Knife Gate Valve Knife Gate Valve – Version ZFB – Version KU Special Purpose Valves Screw Con
Slide 13: Product at a Glance
Product at a Glance Process Equipment Heavy Fabricated Gates Detritor Slow speed floating aerator Clarifier Clarifloculator Slow speed fixed aerator Hydro Power Equipment Screw Pumps Filtering Equipment Heavy Fabricated Gates Hydropower Screw Generator Archimedean Screw Pump iFILT® Diamond Disc Filt
Slide 14: Product at a Glance
Product at a Glance Secondary Treatment Equipment Diffuser Aeration Mixing & Aeration Equipment Decanting Equipment Turbo Blower jashindia.com 14
Slide 15: Application Of Products
Application Of Products Water intake systems Storm water pumping Water & waste water Irrigation systems stations treatment plants Power plants Paper & pulp plants Petrochemical plants Steel plants jashindia.com 15
Slide 16: Product Offerings With Revenue Contribution (Q1FY25)
Product Offerings With Revenue Contribution (Q1FY25) Water Control Gates Screening Equipment 31% 60% 49% 27% Revenue Contribution Revenue Contribution Hydropower & Pumping , Valves Process Equipment and others 9%7% 8% 13% Revenue Contribution Revenue Contribution jashindia.com 16
Slide 17: Making The World Our Market
Making The World Our Market From predominant sales in single geography of India in early nineties, the company is today present in multiple (over 45 countries) regions with each region having significant contribution in turnover. Revenue from outside India ~ 60% of total revenue. EUROPE Sweden & AFR
Slide 18: Clients & Consultants - India
Clients & Consultants - India CONTRACTORS CONSULTANTS jashindia.com 18
Slide 19: Clients & Consultants - International
Clients & Consultants - International CONTRACTORS CONSULTANTS jashindia.com 19
Slide 20: Financial Performance
Financial Performance
Slide 21: Standalone Performance – Jash, Shivpad & Jash USA
Standalone Performance – Jash, Shivpad & Jash USA JASH ENGINEERING LTD. SHIVPAD ENGINEERING PVT. LTD. JASH USA / RODNEY HUNT Revenue (₹Cr)* Revenue (₹Cr)* Revenue (₹Cr/ US$ Mn) 92.3 ₹ 37.9 / $ 4.5 2.5 ₹ 25.8 / $ 3.1 43.1 1.1 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 PAT (₹Cr) PAT (₹Cr) PAT (₹Cr/ US$
Slide 22: Consolidated Financial Snapshot
Consolidated Financial Snapshot Revenues (₹Cr)* Gross Profit (₹Cr) EBITDA (₹Cr) 116.3 5.2 60.7 65.5 39.0 0.9 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Profit Before Tax (₹Cr) Profit After Tax (₹Cr) 0.1 -0.4 -3.8 -3.4 Q1FY24 Q1FY25 Q1FY24 Q1FY25 * includes other income. jashindia.com 22
Slide 23: Consolidated Income Statement
Consolidated Income Statement Particulars (₹ Cr) Q1FY25 Q4FY24 Q1FY24 FY24 FY23 Total Income 116.3 218.8 65.5 521.9 415.2 Total Expenses 116.6 169.7 69.3 438.2 358.7 EBITDA 5.2 34.5 0.9 105.1 77.1 EBITDA Margin (%) 4.5% 25.0% 1.4% 20.1% 18.6% Finance Cost (Net) 2.5 3.0 2.0 11.0 9.9 Depreciation 3.1
Slide 24: Business Outlook
Business Outlook
Slide 25: Consolidated Order Book as on 1st August 2024
Consolidated Order Book as on 1st August 2024 Jash Engineering Ltd Within India ₹ 553 Cr* ₹ 327 Cr Jash USA / Rodney Hunt Outside India ₹ 365 Cr ₹612 Cr Waterfront Fluid Controls Ltd. Combined order book stood at ₹ 21 Cr** ₹ 939 Cr *Jash includes Shivpad order Booking of Rs.39 Cr. **Order Booking co
Slide 26: Consolidated Order Pipeline as on 1st August 2024
Consolidated Order Pipeline as on 1st August 2024 ALREADY NEGOTIATED UNDER NEGOTIATION Within India Within India ₹ 34 Cr ₹ 21 Cr Outside India Outside India ₹ 26 Cr ₹ 22 Cr Combined Combined ₹ 60 Cr ₹ 43 Cr jashindia.com 26
Slide 27: Consolidated Sales Outlook for FY 24-25
Consolidated Sales Outlook for FY 24-25 Jash Engineering Ltd Within India ₹ 460 Cr* ₹ 285 Cr Jash USA / Rodney Hunt Outside India ₹ 280 Cr ₹ 390 Cr Waterfront Fluid Controls Ltd. Combined ₹ 40 Cr** ₹ 675 Cr *Includes revenue of Shivpad which is under merging process with JASH. **Revenue considered 8
Slide 28: Other Developments
Other Developments • A new production facility of approx. 60,000 sq feet for process equipment at Shivpad, Chennai is under construction and is expected to be commissioned by Feb 2025. This facility is being built at an approximate cost of Rs. 20 crores and this will start contributing to improvemen
Slide 29: Other Developments
Other Developments • The Company achieved highest monthly order booking in its history in July 2024. The total orders booked in July were worth Rs. 107 Cr of which Rs. 38 Cr were for projects in India and Rs. 69 Cr was for projects outside India. • The Board approved the Sub-division/Split of Equity
Slide 30: Management Commentary
Management Commentary Mr. Pratik Patel Managing Director We are pleased to report improved performance in this quarter. Capitalising on our robust order book, we have achieved consolidated revenue growth of 78% in Q1 and are able to report minor profits for the quarter. Historically, every year we h
Slide 31: Shareholders Information
Shareholders Information STOCK DATA SHAREHOLDING PATTERN (As on 31st July 2024) (As on 30th June 2024) Promoters NSE Symbol Market JASH Capitalization Public INR 3,169 Crore 43.7% 54.7% Shares 1.6% Stock Price Outstanding INR 2,535 Employee INR 1.25 Crore Trusts (231 Employees) jashindia.com 31
Slide 32: Thank You
THANK YOU FOR MORE INFORMATION, CONTACT CA Dharmendra Jain Siddesh Chawan Jash Engineering Limited Ernst & Young LLP/ Investor Relations E-mail: dharmendrajain@jashindia.com E-mail: Siddesh.Chawan@in.ey.com Ph: +91-731-6732700 (Ext. 111) Ph.: +91 99302 35001 JASH ENGINEERING LTD RODNEY HUNT INC E&M