Lloyds Engineering Works Ltd · NSE:LLOYDSENGG
Lloyds Engineering Works — Q2 FY2024 Earnings Presentation
33 slides from Lloyds Engineering Works's earnings presentation, October 2023
Slide 1: Stock exchange cover letter for earnings presentation
RS/LLOYDSENGG/BSEL-NSEL/2023/199 21.10. 2023 The Department of Corporate The National Stock Exchange of India Services, Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, 27th Floor, P.J. Towers, Dalal Street, Bandra (East), Mumbai - 400 051 Mumbai - 400 001 Scrip Code : 539992 Symbol: LLOYDS
Slide 2: Lloyds Engineering Works Ltd (LEWL) Investor Presentation October 2023
LLOYDS ENGINEERING WORKS LTD (LEWL) Investor Presentation October 2023
Slide 3: Disclaimer
Disclaimer The information contained herein has been prepared by Lloyds Engineering Works Ltd.(LEWL”) relying on information obtained from sources believed to be reliable but LEWL does not guarantee the accuracy or completeness of such information. Except for statements of historical facts, the info
Slide 4: Contents
Contents . Quarterly Results About Us Business Overview Investment Thesis Financials & Shareholding
Slide 5: Q2 & H1FY24
: : Q2 & H1FY24
Slide 6: Q2FY24 & H1FY24 – Result Highlights
Q2FY24 & H1FY24 – Result Highlights ₹ Crores Revenue EBITDA PAT 25.3 18.8 121.8 312% 175% 149% YoY YoY YoY 9.2 7.6 29.6 Q2FY23 Q2FY24 Q2FY23 Q2FY24 Q2FY23 Q2FY24 41.8 31.6 234.9 192% 82% 79% YoY YoY YoY 22.9 17.6 80.4 H1FY23 H1FY24 H1FY23 H1FY24 H1FY23 H1FY24 5
Slide 7: Key Highlights- An all-round performance
Key Highlights- “An all-round performance” Revenue for Q2FY24 exhibited a growth of 312% YoY, H1FY24 revenue growth was 192% YoY. EBITDA for Q2FY24 grew to ₹25.3 cr from ₹9.2 cr in Q2FY23 ; Margins For Q2FY24 stood at 20.6% versus 14.4% in Q1FY24. Order Book as of 30th Sept 2023 stood at ₹921.4 cr.
Slide 8: Key Highlights- Three Technological Tie-ups
Key Highlights- “An all-round performance” Three Technological Tie-ups The company has firmed up various technological tie-ups in the likes of: i) A Memorandum of Understanding (MOU) with The Material Works, Ltd. (TMW) for the transfer of cutting-edge and environmentally friendly technology, Eco Pic
Slide 9: Q2 & H1FY24 – Profit & Loss
Q2 & H1FY24 – Profit & Loss Particulars (₹ crores) Q2FY24 Q2FY23 YoY Q1FY24 QoQ H1FY24 H1FY23 YoY Revenue 121.8 29.6 312% 113.1 8% 234.9 80.4 192% Other Income 1.4 2.1 -35% 1.9 -32% 3.3 3.5 -5% RM consumed 69.3 5.2 1225% 73.4 -6% 142.7 29.7 380% Employee 7.0 4.1 73% 7.0 0% 14.1 7.8 80% Other expense
Slide 10: Balance Sheet
Balance Sheet Particulars (₹ Crores) FY23 H1FY24 Fixed Assets 27.07 20.66 Capital Work In Progress 25.55 27.40 Goodwill 0.96 0.96 Right To Use 5.30 16.41 Other Assets 3.28 19.13 Sub-Total Non Current Assets 62.17 84.56 Inventories 114.58 191.63 Trade Receivables 29.09 35.40 Cash & Cash Equivalents 8
Slide 11: About Us
LLOYDS: ENGINEERING WORKS
Slide 12: Lloyds Steels is now Lloyds Engineering Works
Lloyds Steels is now “Lloyds Engineering Works”. Lloyds Steels Industries Ltd (LSIL) is now Lloyds Engineering Works Ltd (LEWL). This rebranding reflects the company’s apparent presence in the Engineering business activity. This rebranding gives a more transparent and precise positioning of the comp
Slide 13: About Us: Providing Innovated Industrial Solutions
About Us Providing Innovated Industrial Solutions A Product Engineering Solutions company We have developed a host of capabilities to deliver The company was formed in 1994, with promoters customised solutions to our client being in the business of engineering since for more than four decades. It pr
Slide 14: Sector Variegation- Catering to diversified sectors
Sector Variegation- Catering to diversified sectors Partnering to bridge the gap in the nation’s infrastructure needs with our sustainable & efficient business model Hydrocarbon Steel Ports, Jetties& Power Nuclear Marine /Navy Refineries Fabrication of Manufacturing Design, Manufacturing LEWL is reg
Slide 15: Business Overview
Business Overview wr, —s at “ a be G. é > —— > e aN a > ‘) J A "7, 7 — es) / Vey 2 NJ ze, me — *
Slide 16: Our Forces – Unified and Client-Centric approach
Our Forces – Unified and Client-Centric approach Playing on Strengths to deliver output in the efficient manner Single Location Manufacturing Four Decades of Promoters The company has its state-of-the-art Experience facilities located in Murbad, Thane. All Enriched experience of workshops are adjace
Slide 17: Strategic Plant Location
Strategic Plant Location All workshops being adjacent to each other brings in the logistic advantage. The single location of the plant with all workshops adjacent to each other helps in better absorption Shop A of Overhead costs Shop B -C A centralised Raw Murbad, Thane Material procurement system h
Slide 18: Multi Product offerings – Product portfolio across Multiple Sectors
Multi Product offerings – Product portfolio across Multiple Sectors Order Book (Sector-Wise) Boilers / Hydrocarbons Ports, jetties/ As of 30th Sept 2023 Power/ / Dryers/ Steel Plant marine/ Chemicals Refineries Equipment Defence POWER 25% STEEL 42% HYDRO CARBON 11% DEFENCE CIVIL MARINE/PORT 1% 20% 1
Slide 19: Our Offerings and Solutions
Our Offerings and Solutions Pressure Vessels Column 18
Slide 20: Our Offerings and Solutions
Our Offerings and Solutions Heat Exchangers Air/Gas Drying Systems 19
Slide 21: Our Offerings and Solutions
Our Offerings and Solutions Boilers Steel Plants Equipment 20
Slide 22: Broad-Based Clientele
Broad-Based Clientele il, Lowes & 7 TOTAL SS 2 BNBEC c thyssenkrupp [6c aa ie] Re BIRLA GROUP Fo fs Rashtriya Chemicals and Fertilizers Limited AM/NS & INDIA WELSPUN SMS © group VY IndianOil Punj Lloyd 21
Slide 23: Certifications & Approvals
Certifications & Approvals 22
Slide 24: Team Overview
Team Overview Mr Shree Krishna Gupta Shri. Mukesh R. Gupta Executive Vice President Chairman & Whole Time Director Krishna has great experience as an entrepreneur and A Commerce Graduate and successful Industrialist has successfully started and created two brands in very having a piece of vast knowl
Slide 25: Investing in Lloyds Engineering Works
Investing in Lloyds Engineering Works
Slide 26: Lloyds Engineering Works Positioned well
Lloyds Engineering Works Positioned well Building capacities to pave the way for Capacity future growth Its 18.4x of FY22 & 3x of FY23 Sales. Order Book The order book has grown 2.7x YoY The company’s Debt: equity remains Low Gearing comfortable; being a net cash company Increasing Infrastructure an
Slide 27: Robust Order Book – A Growth Driver
Robust Order Book – A Growth Driver Order Book Movement (₹ Crores) With a larger base of the order book to begin FY24; the roadmap is quite steady to deliver higher growth in the coming years. The # company plans to further growth systematically to build over the larger base. Order book as on March-
Slide 28: Order Book Status
Order Book Status Order Book -April 2023 New Orders – H1FY24 Order Book -Sept 2023 ₹683 cr ₹458 cr ₹921cr 270.2 235.4 390.5 191.9 231.5 STEEL POWER STEEL POWER STEEL 60% 25% 42% 28% 82.6 34% POWER 19% 100.8 19.7 100.9 HYDRO HYDRO HYDRO CARBON CARBON CARBON 15% 4% 11% 9.4 140.8 0.3 7.7 5.5 181.3 0.3
Slide 29: Capacities in sync with growing order book
Capacities in sync with growing order book 313 ▪ LEWL has invested and continues investing in machinery to enhance its delivery capability and meet its increasing Covid-19 Impacted order book. ▪ Modernising and overhauling the asset base to deliver operations 117 122 114 82 98 70 superior growth. En
Slide 30: Financials
Financials
Slide 31: Financials At a Glance
Financials At a Glance Annual Revenue EBITDA & PAT Return Ratios (%) ₹ Crores 312.6 23.02 58.0 19.01 36.8 114.5 8.37 98 70.1 14.5 50.1 4.39 4.5 2.9 5.4 6.0 2.5 3.1 0.5 1.28 0.93 FY19 FY20 FY21 FY22 FY23 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 EBITDA PAT RoCE RoE Quarterly Revenue EBITDA PAT 173.9 25
Slide 32: Shareholding Structure
Shareholding Structure Price Movement (₹) Shareholding as of 1st July 2023 (%) 50 45 40 35 30 25 Public, 40.22% 20 Promoters, 15 59.78% 10 5 0 Particulars Number of shares 107.89 crore shares Exchange NSE: LLOYDSENGG BSE : LLOYDSENGG, 539992 Market cap (as on Oct 20th 2023) ₹ 5254 crore Face Value ₹
Slide 33: Thank You
Thank You lloyds_ir@lloyds.in www.lloydsengg.in +91 9892183389
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