Slide 1: Q3 and 9M FY20 Earnings Presentation
Onward Technologies Limited BSE: 517536, NSE: ONWARDTEC Q3 and 9M FY20 Earnings Presentation CREATING A STRONGER FUTURE TOGETHER Engineering Services IT Consulting Services Product Sales & Support Staffing Services
Slide 2: About Us
// About Us www.onwardgroup.com
Slide 3: Onward Technologies: At a Glance
Onward Technologies: At a Glance Established in the Legacy Flexible Business Model Engineering excellence centre Year 1991 Founder of Onward Technologies, Mr. Harish Customised solutions Mehta, co-founded NASSCOM, Onsite consultancy the leading trade association of One of the Pioneers Indian IT
Slide 4: Mission, Vision and Core Values
Mission, Vision and Core Values Mission Vision Onward delights the customers by relentlessly To achieve sustained leadership position driving technological advancements and in providing superior engineering innovation that become essential to stay services to global manufacturing ahead of the compet
Slide 5: Business Snapshot
Business Snapshot What we do Industries we serve Growth Opportunities Product Lifecycle Management (PLM) Automotive Aerospace Engineering Internet of Things (IoT) Services Digital Analytics Transformation Off - Highway Industrial IT Services Artificial Intelligence (AI) Auto Electric Heavy Engg. Rob
Slide 6: Global Footprint
Global Footprint INFRASTRUCTURE • Secure Environment • Over 100,000+ sq. ft. of Design & Delivery Centers • Business Continuity and Back-up Redundancy • Strong Ecosystem for Scanning, Prototyping, Testing and Manufacturing Support • Dedicated Line for Data Transfer • Video Conferencing Facility USA
Slide 7: Key Clientele
Key Clientele A leading A leading American A leading A leading British Heavy Equipment German Auto Global Pharma Equipment Manufacturer Carmaker Company Manufacturer A Global A major Swiss A leading Manufacturer A leading Digital Leader Manufacturer of of Engines and British Luxury and Supplier to E
Slide 8: Board of Directors
Board of Directors Jane Doe Jane Doe Jane Doe Jane Doe HARISH MEHTA JIGAR MEHTA PRANAY VAKIL NANDKUMAR PRADHAN EXECUTIVE CHAIRMAN MANAGING DIRECTOR DIRECTOR DIRECTOR Jane Doe Jane Doe Jane Doe PRACHI MEHTA RAHUL RATHI PARISH MEGHANI DIRECTOR DIRECTOR DIRECTOR 8
Slide 9: Management Team
Management Team Jigar Mehta Vignesh Kumar Experience: ~17 years Experience: ~25 years Education: B.B.A. (Boston University) Education: B.E., M.B.A. Managing Director EVP and Head - EDS Satish Ramanan Pratish Mehta Experience: ~31 years Experience: ~14 years Education: M.Com., M.B.A. Education: B.E.
Slide 10: Investing in Talent
Investing in Talent Focus on bringing on board top experts with diverse and rich experience across domains Job Ownership Business heads and team members to take ownership of deliverables Optimize Workforce Agile Agile workforce to meet dynamic needs of clients Re-skill to tap into lucrative
Slide 11: Industry Trends
// Industry Trends www.onwardgroup.com
Slide 12: Digital Transformation Market
Digital Transformation Market Digital Transformation Market Size (USD Bn.) Technology End User Industry 665 Robotics Automotive IoT Aerospace and Defence 18.1% CAGR 3D Printing 290 Pharmaceuticals Advanced Human Machine Consumer Interface (HMI) Healthcare Big Data and Analytics Electrical and Electr
Slide 13: Global Engineering R&D Spend Landscape
Global Engineering R&D Spend Landscape Global ER&D Spend (USD Bn.) 2013 2018 2023E Digital Engineering spend drivers: Customer Experience led Software Platform deals Digital Product Development (Connected Asset 15% 37% 24% Management/Predictive maintenance) 63% 76% IoT Platform Engineering and
Slide 14: Business Overview
// Business Overview www.onwardgroup.com
Slide 15: Our Offerings
Our Offerings Engineering Services IT Services New Enterprise SW/Application Embedded Products and Value Manufacturing Development and Product Systems (HW, SW, Engineering Engineering Maintenance Development Realtime) Data Science & Data Management & CAE Sustenance Electrical and Transformation Anal
Slide 16: Core Engineering Capabilities
Core Engineering Capabilities 1 Auto-embedded/ Electronics 2 Product Design 3 Manufacturing Navigation & Connectivity BIW Fixture design Project Scoping HMI, Head-Unit & Infotainment Weld Fixture design Benchmarking Lighting, Seat, Keyless entry Line Automation Concept design engin
Slide 17: IT Services Capabilities
IT Services Capabilities 1 App Development & Maintenance 2 Enterprise Managed Services 3 Embedded Products and Systems Developing New Applications Microsoft Customer Relationship Hardware Engineering Full Fledged ERP for the Primary Oracle Management (CRM) Firmware & S/W Engineering
Slide 18: Digital Platform for Clients
Digital Platform for Clients ENTERPRISE PRODUCT PLM APPLICATION ENGINEERING DEVELOPMENT IoT MANUFACTURING ENTERPRISE ANALYTICS, AI MANAGED ENGINEERING SERVICES RPA ADVANCED ENTERPRISE ENGINEERING EMBEDDED DIGITAL SERVICES (FEA) Convergence of Engineering and IT Capabilities >> Transformational Digit
Slide 19: Strategy and Outlook
// Strategy and Outlook www.onwardgroup.com
Slide 20: Growth Drivers
Growth Drivers New Capabilities Higher Revenues Margin Expansion International Business Focus on newly Increase wallet share Higher margin paying Increase share of established capabilities of existing clients practices in EDS and overseas business in Digital Digital ER&D suite from well esta
Slide 21: Onward Technologies: Key Differentiators
Onward Technologies: Key Differentiators Right size organization to provide Ability to Stability Proven expertise in delivering ramp-up on-demand Engineering Services and as well as across the globe IT Solutions to responsiveness on a short notice with executive attention Global 1000 companies A cap
Slide 22: Quarterly Highlights
// Quarterly Highlights www.onwardgroup.com
Slide 23: Consolidated Financial Summary – 9M FY20
Consolidated Financial Summary – 9M FY20 Operating Revenue EBITDA* PBT PAT 11.6% 6.6% 2,059. 4.5% 1,953. 6 5.6% 5 8.7% 3.5% 135.2 239.7 92.2 110.0 169.9 69.3 9MFY19 9MFY20 9MFY19 9MFY20 9MFY19 9MFY20 9MFY19 9MFY20 EBITDA MARGIN PBT MARGIN PAT MARGIN In Rs. Million Focus on Improving Operating Profit
Slide 24: Consolidated Financial Summary – Q3 FY20
Consolidated Financial Summary – Q3 FY20 Operating Revenue EBITDA* PBT PAT 10.8% 6.4% 4.6% 5.9% 4.1% 7.7% 697.0 639.8 75.5 41.0 41.1 29.4 28.6 49.1 Q3FY19 Q3FY20 Q3FY19 Q3FY20 Q3FY19 Q3FY20 Q3FY19 Q3FY20 EBITDA MARGIN PBT MARGIN PAT MARGIN In Rs. Million Focus on Improving Operating Profitability >>
Slide 25: Consolidated Profit and Loss Statement
Consolidated Profit and Loss Statement Details (Rs. Mn.) Q3 FY20 Q3 FY19 YoY (%) 9M FY20 9M FY19 YoY (%) Income from operations 697.0 639.8 8.9% 2,059.6 1,953.5 5.4% Cost of Income from Operations 533.7 482.8 1,554.2 1,445.6 Cost of Income from Operations (%) 76.6% 75.5% 111 bps 75.5% 74.0% 146 bps
Slide 26: Financial Overview
// Financial Overview www.onwardgroup.com
Slide 27: P&L Performance Trend
P&L Performance Trend Revenue EBITDA and EBITDA Margin 11.6% 2,595.0 2,444.6 8.1% 8.7% 2,235.6 1,953.5 2,059.6 5.0% 4.6% 239.7 208.9 169.9 112.0 112.7 FY17 FY18 FY19 9M FY19 9MFY20 FY17 FY18 FY19 9M FY19 9MFY20 PBT and PBT Margin PAT and PAT Margin 6.6% 4.5% 5.9% 5.6% 3.9% 3.5% 3.1% 2.7% 2.9% 1.8% 1
Slide 28: Key Metrics Trend
Key Metrics Trend ROE (%) Net Debt/Equity 0.7x 20.7% 18.3% 14.7% 0.5x 0.4x 10.0% 10.5% 9.4% 0.2x 0.2x 0.1x FY15 FY16 FY17 FY18 FY19 H1FY19 FY15 FY16 FY17 FY18 FY19 H1FY19 28
Slide 29: Investor Snapshot
Investor Snapshot Last One Year Share Price Performance Market Data As on 23.01.2020 (BSE) Market Capitalisation Rs. 1,066.8 mn 90 Rebased to Onward Technologies price 80 Market Capitalisation Free Float (~35%) Rs. 373.4 mn 70 Price Rs. 66.5 60 50 No. of shares outstanding 16.02 mn 40 52 week High –
Slide 30: Disclaimer
Disclaimer This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Onward Technologies future business developments and economic performance
Slide 31: Thank You
// THANK YOU Investor Relations Contact: Prasan Abichandani – VP (Corporate Finance and IR) Onward Technologies Limited Email ID: prasan_abichandani@onwardgroup.com 2nd Floor, Sterling Centre, Dr A.B. Road, Worli, Mumbai – 400018 Rohan Rege – Churchgate Partners CIN: L28920MH1991PLC062542 Email ID: