Slide 1: Regulation 30 filing cover letter to BSE
Ke WPIL Limited REGD. OFF. : "TRINITY PLAZA” 84/1A, TOPSIA ROAD (SOUTH), KOLKATA - 700 046 TEL. : (91 33) 4055 6800, FAX : (91 33) 4055 6835 WEB : http:/Awww.wpil.co.in CIN No. L36900WB1952PLC020274 Date: August 08, 2024 To The Listing Compliance BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street M
Slide 2: Earnings Presentation Q1-FY25
E A R NING S P R E S E NTAT IO N Q1 -FY25
Slide 3: Company Snapshot
COMPANY SN AP SH OT Market Leader in 10 Strategic International End to End Rich Experience Pumps & Manufacturing Presence Across Integrated Pumping of 71 Years Pumping Locations 4 Locations Solutions Systems Strong global presence via Consolidated Partner of choice Proud to be part of focussed Order
Slide 4: Company Overview
COMPANY OVERVIEW
Slide 5: Company Overview
CO MPANY OVE RVI EW Operating Revenue (INR Mn) and EBITDA Margins (%) • WPIL Limited is a multinational pumps and systems company, headquartered out of India, with diversified operations covering the entire gamut of the pumping industry incorporated in 1952. 16,055 16,644 • The Company has to its cr
Slide 6: Global Operations
G LO BAL O P ERATI ONS • After 10 years of growth in exports and experience in global markets it was clear that the next step would need strong local presence Q1-FY25 Revenue Mix (INR Mn) as the engineered pumps clients need life cycle support which has to be built on long term relationships. • Over
Slide 7: India Operations - State-of-Art Manufacturing Facilities
I N DI A O P ERATI ONS - S TA TE- OF -ART MAN UF ACTURI NG F A CI L ITI E S Kolkata Engineered Pump Division is Located about 25 KM from Kolkata, the plant has ~20,000 sq. meters of floorspace. Delhi Delhi Industrial Pump Division is Located about 20 KM from Delhi, the plant has ~49,000 sq. meters o
Slide 8: Business Structure
B U SI NES S ST RUC TURE WPIL Ltd. India International 66% 34% Project Product South Africa Italy Australia 77% 23% 18% 63% 19% Gruppo Aturia Conventional Engineered Drainage Irrigation Municipal Industry Pumps Pumps Pumps AUDOLI & ARIS BERTOLA CHIAPPA % numbers are revenue share as on Q1 FY25 EARNI
Slide 9: Varied Range of Applications
VAR IE D R AN GE OF AP P L I CATI ONS Irrigation Industrial Municipal Large lift irrigation networks to provide surface water to Used in industries for variety of purposes such as fire fighting, Water Supply & Drainage solutions for Rural and Urban Utilities farmers and borehole installations for gr
Slide 10: Value Proposition
VALUE P RO POS ITI ON Global Operations Strong R&D Forward integrated Wide product basket Dominant player in supported by Marquee clients recognized by Govt. by providing Turnkey catering to a Industrial Pump subsidiaries and from Top class Of India and solutions and O&M widespread market Sector age
Slide 11: Q1-FY25 Financial Overview
Q1-FY25 FINANCIAL OVERVIEW EARNINGS PRESENTATION 10
Slide 12: Financial Highlights
F I N ANCI AL H I G HL IGH TS Q1-FY25 Standalone Performance Q1-FY25 Consolidated Performance 16.67% 16.61% INR 2,394 Mn INR 399 Mn INR 3,625 Mn INR 602 Mn Operating EBITDA Operating EBITDA Operating Income Operating EBITDA Operating Income Operating EBITDA Margins Margins INR 308 Mn 12.87% INR 3.16
Slide 13: Q1-FY25 Highlights - Domestic
Q 1- F Y25 H I GH LI GHTS - D OMESTI C Domestic revenues grew 30% YOY in Q1 FY25 Product Business − Product division revenues were stable YOY at INR 550 Mn while the order book grew 15% to INR 4,001 Mn, giving a strong revenue visibility and outlook for FY25 − The outlook for the Product division is
Slide 14: Q1-FY25 Highlights - International
Q 1- F Y25 H I GH LI GHTS - I NTE RNATIONAL − The International business orderbook has grown to INR 4,840 Mn and the outlook remains strong across all businesses − New contract for water transfer pumps for Gruppo Aturia strengthens year end outlook − WPIL South Africa performance remains steady with
Slide 15: Domestic Revenues
D OMESTIC RE VEN UES Project Revenue (INR Mn) Product Revenue (INR Mn) 1,842 QUARTERLY QUARTERLY 552 1,303 519 Q1-FY24 Q1-FY25 Q1-FY24 Q1-FY25 EARNINGS PRESENTATION 14
Slide 16: Order Book
O RDER B OOK Domestic Order Book (INR Mn) Q1-FY25 International Order Book Breakup (%) 36,410 30,540 29,140 South Africa Construction Construction 24% Construction 31,510 25,250 23,840 Italy 48% Australia 28% O&M O&M O&M 5,290 3,477 5,300 4,001 3,140 4,900 Total : ~ 4,842 INR Mn FY 23 FY24 Q1-FY25 P
Slide 17: Quarterly Standalone Financial Performance
Q UARTERLY STANDALONE F I N ANCI AL P E RFORMANCE Particulars (INR Mn) Q1-FY25 Q1-FY24 Y-o-Y Q4-FY24 Q-o-Q Revenue from Operations 2,394 1,822 31.4% 4,351 (45.0)% Operating Expenses 1,995 1,531 30.3% 3,553 (43.9)% EBITDA 399 291 37.1% 798 (50.0)% EBITDA Margins (%) 16.67% 15.97% 70 Bps 18.34% (167)
Slide 18: Quarterly Consolidated Financial Performance
Q UARTERLY CON SOLI DATED F I N ANCI AL P E RFORMANCE Particulars (INR Mn) Q1-FY25 Q1-FY24 Y-o-Y Q4-FY24 Q-o-Q Revenue from Operations 3,625 3,236 12.0% 5,914 (38.7)% Operating Expenses 3,023 2,640 14.5% 4,890 (38.2)% EBITDA 602 596 1.0% 1,024 (41.2)% EBITDA Margins (%) 16.61% 18.42% (181) Bps 17.31
Slide 19: Historical Financial Overview
HISTORICAL FINANCIAL OVERVIEW EARNINGS PRESENTATION 18
Slide 20: Standalone Financial Performance
STANDALON E F I N ANCI AL P E RFORMANC E Particulars (INR in Mn) FY22 FY23 FY24 Q1-FY25 Revenue from Operations 5,298 10,024 10,769 2,394 Operating Expenses 4,432 8,264 8,839 1,995 EBITDA 866 1,760 1,930 399 EBITDA Margins (%) 16.35% 17.56% 17.92% 16.67% Depreciation 56 55 70 16 Finance Cost 89 121
Slide 21: Standalone Balance Sheet
STANDALON E BA LANC E SH E ET Particulars (INR Mn) FY22 FY23 FY24 Particulars (INR Mn) FY22 FY23 FY24 EQUITY AND LIABILITIES ASSETS Non-Current Assets a) Equity Share Capital 98 98 98 a) Property, Plant and Equipment 341 742 864 b) Other Equity 5,143 6,472 7,502 b) Capital Work-in-progress - 1 22 Sh
Slide 22: Consolidated Financial Performance
CO NSOL I DATE D F I N ANCI AL P E RFORMANCE Particulars (INR in Mn) FY22 FY23 FY24 Q1-FY25 Revenue from Operations 11,813 16,055 16,644 3,625 Operating Expenses 9,710 13,380 13,662 3,023 EBITDA 2,104 2,674 2,982 602 EBITDA Margins (%) 17.81% 16.66% 17.92% 16.61% Depreciation 373 279 301 77 Finance
Slide 23: Consolidated Balance Sheet
CO NSOL I DATE D BAL ANC E S H E ET Particulars (INR Mn) FY22 FY23 FY24 Particulars (INR Mn) FY22 FY23 FY24 EQUITY AND LIABILITIES ASSETS a) Equity Share Capital 98 98 98 Non-Current Assets b) Other Equity 6,247 8,001 12,361 a) Property, Plant and Equipment 3,164 3,649 3,415 b) Capital Work-in-progr
Slide 24: Consolidated Financial Graphs
CO NSOL I DATE D F I N ANCI AL G RAP HS Revenue (INR Mn) EBITDA (INR Mn) & EBIDTA Margins (%) PAT (INR Mn) & PAT Margins (%) 4,000 50.00% 16,055 16,644 60.00% 2,500 2,982 45.00% 3,500 2,674 40.00% 1,930 1,779 50.00% 3,000 2,000 11,813 35.00% 2,104 2,500 40.00% 30.00% 1,182 1,500 2,000 25.00% 30.00%
Slide 25: Capital Market Information
C AP I TAL M ARKET I N FORMATIO N Stock Performance Data (As on 30th June, 2024) 60% 50% 40% 30% 20% 10% 0% -10% Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 WPIL Ltd. Sensex Price Data (As on 30th June, 2024) INR Shareholding Pattern (As on 30th June, 2024) Fa
Slide 26: Disclaimer
D I SC LAI MER WPIL Limited Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all ev
Slide 27: Thank You
THANK YOU EARNINGS PRESENTATION 26