Siemens Limited · NSE:SIEMENS

Siemens — H1 FY2013 Earnings Presentation

23 slides from Siemens's earnings presentation, Apr 29, 2013

  1. Slide 1: Analyst Meet Half-Year FY 2013

    Analyst Meet Half-Year FY 2013 Siemens Ltd., April 29, 2013 © Siemens Ltd. 2013. All rights reserved. siemens.co.in

  2. Slide 2: Operational Highlights, Financial Analysis, Future Outlook

    Operational Highlights Financial Analysis Future Outlook Page 2 2013-04-29 Siemens Ltd. 2013. All rights reserved. H1 FY 2013, Analyst Presentation

  3. Slide 3: Revival of Indian economy not in sight but lowest GDP growth of last 10 years

    Revival of Indian economy not in sight but lowest GDP growth of last 10 years witnessed instead Real GDP & IIP ( % Change ) PMI: Purchasing Manager’s Index (HSBC) GDP IIP Source : CMIE, Prowess (FY 13 - CMIE Forecast) 15.5 12.9 8.6 9.3 9.6 9.3 6.7 6.2 5.0 6.3 8.2 ** 2.5 5.3 1.0 3.7 2.9 06-07 07-08 0

  4. Slide 4: Siemens Ltd. – Key Achievements of H1 FY 2013

    Siemens Ltd. – Key Achievements of H1 FY 2013 • Siemens IC Sector won an order worth over Rs. 350 crores to supply traction motors for Diesel Locomotive Works • Siemens Energy Sector won a Rs. 100-crore order from BSRM – largest private sector-funded GIS project in Bangladesh • Siemens Industry Sect

  5. Slide 5: SMART success by Siemens in India

    SMART success by Siemens in India Focus on strengthening portfolio SMART products A few significant SMART wins for H1 2013: 30 30 % of orders • Rs 100-crore order for gas-insulated switchgear 25 substation: largest order for GIS in Bangladesh # of SMART 20 20 products • Rs 97-crore order from Bhuvan

  6. Slide 6: Siemens Ltd. has 22 factories in India

    Siemens Ltd. has 22 factories in India Ongoing optimization of utilized capacity Existing Industry Existing Energy Existing Healthcare Factories – 6 Factories – 7 Factories – 2 I IA LV Switchgear ET TR Power Transformer CP X-Rays & C-Arms Kalwa Kalwa Goa I DT Motors & Generators ET HP HV Circuit Bre

  7. Slide 7: Siemens is a strong performer in the Capital Goods sector – Ranked No.1

    Siemens is a strong performer in the Capital Goods sector – Ranked No.1 Siemens is perceived as one of the leaders in Sustainability as indicated by CII Sustainability Rating Labor Standards and Rights Corporate Governance Human Capital Development Risk & Crisis Management Community Impact Managemen

  8. Slide 8: Urban Mela – Key Achievements

    Urban Mela – Key Achievements • Interaction with ~ 2,40,000 citizens – creating awareness about Promoting Brand how Siemens is ‘Transforming cities for the better through Siemens: sustainable technology’. • 35 expert dialogues on varied topics attended by over 450 customers / prospects Moving closer

  9. Slide 9: Urban Mela – Taking it closer to our markets

    Urban Mela – Taking it closer to our markets Helping enhance image of brand Siemens • 87% found the appearance, information & experience at Siemens pavilion excellent. • 95% respondents opined that Siemens Pavilion helped create a more positive perception about Siemens. • The theme ‘Turning grey cit

  10. Slide 10: Operational Highlights

    Operational Highights Siemens Ltd. vigorously following global 5-point program • reduce costs: Each Sector has clear targets for cutting costs, Manufacturing Community seeking ways to reduce cost of goods sold, optimizing worldwide utilized capacity • strengthen core activities: HQ led initiatives o

  11. Slide 11: Operational Highlights, Financial Analysis, Future Outlook

    Operational Highlights Financial Analysis Future Outlook Page 11 2013-04-29 Siemens Ltd. 2013. All rights reserved. H1 FY 2013, Analyst Presentation

  12. Slide 12: Challenges in H1 FY2013

    Challenges in H1 FY2013 Prolonged slowdown in the economy –impact on Revenues Capacity utilisation leads to Pricing pressures Delays in offtake by customers due to unavailability of land or financing Volatility in commodity and forex rates Page 12 2013-04-29 Siemens Ltd. 2013. All rights reserved. H

  13. Slide 13: Competitor Performance on BSE

    Competitor Performance on BSE Stock Performance Current fiscal year FY 2012- 13 Market Cap Source : Bseindia Companies Swing 140 BSE Capital -16% Goods 130 7% A 120 110 B -8% 100 -29% C 90 SL -27% 80 70 D -33% 60 E -40% 50 Apr’12 Jun Sep Dec Mar’13 April’12 To Mar’13 Page 13 2013-04-29 Siemens Ltd.

  14. Slide 14: Competition Cockpit (as of December 2012)

    Competition Cockpit (as of December 2012) Revenue growth Y-o-Y for last 12 months Jan’12-Dec’12 Siemens 6% vis-à-vis Jan’11 – Dec’11 F 2% E 12% D 5% Competition Basket + 6% Siemens Ltd. + 6% C 11% B 3% A 18% Page 14 2013-04-29 Siemens Ltd. 2013. All rights reserved. H1 FY 2013, Analyst Presentation

  15. Slide 15: New Orders

    New Orders (in Billion Rs.) +2% Contribution to New Orders 47.3 48.1 I&C Energy SRE etc. 5.1 24% 5.0 +2% 37% HC 11% 15.3 28% I&C 17.4 -12% Industry Healthcare Mar-12 I&C Energy 14.5 Energy 11.3 +28% 32% 30% 11% Industry 13.3 -2% 13.0 27% Industry Healthcare Mar-13 Mar-12 Mar-13 Page 15 2013-04-29 Si

  16. Slide 16: Sales

    Sales (in Billion Rs.) -17% Contribution to Sales 64.6 HC 4.9 I&C 21% Energy +4% 43% 53.7 I&C 13.5 5.1 +1% 28% 8% 13.7 Industry Healthcare Mar-12 Energy 28.1 -31% 19.3 I&C Energy 26% 36% 29% 9% Industry 18.1 -14% 15.6 Industry Healthcare Mar-12 Mar-13 Mar-13 Page 16 2013-04-29 Siemens Ltd. 2013. All

  17. Slide 17: Book to Bill Ratio (Base business)

    Book to Bill Ratio (Base business) 0.90 0.74 1.00 Healthcare 1.03 1.12 I&C 1.29 0.75 Energy 0.41 Industry 0.73 0.83 Mar-12 Mar-13 Page 17 2013-04-29 Siemens Ltd. 2013. All rights reserved. H1 FY 2013, Analyst Presentation

  18. Slide 18: Profit from Operations (PfO)

    Profit from Operations (PfO) (in Billion Rs.) -80% PfO down by 80% to Rs. 1.1 billion 5.6 SRE etc 0.3 Factors affecting PfO include: I&C 1.0 Reduced volumes 1.1 Pricing pressures Energy 3.9 0.3 Delays in off take by customers 0.1 Increase in project costs 0.3 Currency & Commodity impacts Industry 0.

  19. Slide 19: PFO – Impact of Cost Updates

    PFO – Impact of Cost Updates Cost Updates 2”660 Cost Updates 1”192 5”645 2”985 1”112 2”304 March March 2012 2013 Page 19 2013-04-29 Siemens Ltd. 2013. All rights reserved. H1 FY 2013, Analyst Presentation

  20. Slide 20: Financial highlights of Siemens Ltd. – H1 FY 2013

    Financial highights of Siemens Ltd. – H1 FY 2013 Six Six Quarter Quarter months months ended ended +/-% +/-% ended ended Mar 2012 Mar 2013 Mar 2012 Mar 2013 New orders 18,492 28,141 52% 47,355 48,075 2% ROCE Mar12 Mar13 Sales 39,882 29,077 -27% 64,591 53,696 -17% 18.0% 4.5% Order backlog 146,181 129

  21. Slide 21: Operational Highlights, Financial Analysis, Future Outlook

    Operational Highlights Financial Analysis Future Outlook Page 21 2013-04-29 Siemens Ltd. 2013. All rights reserved. H1 FY 2013, Analyst Presentation

  22. Slide 22: To Sum Up

    To Sum Up • We expect the economic environment to continue be uncertain and challenging • The Company will continue focus on globally-announced 5-point program: • reduce costs • strengthen core activities • strengthen go-to-market approach across all Sectors • optimize infrastructure • reduce comple

  23. Slide 23: Thank You!

    Thank You! Page 23 2013-04-29 Siemens Ltd. 2013. All rights reserved. H1 FY 2013, Analyst Presentation

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