Gmm Pfaudler Limited · NSE:GMMPFAUDLR
Gmm Pfaudler — Q3 FY24 Earnings Presentation
22 slides from Gmm Pfaudler's earnings presentation, Feb 1, 2024
Slide 1: Stock exchange cover letter for investor presentation
GMM/SEC/2023-24/82 February 1, 2024 To, BSE Limited National Stock Exchange of India Limited Scrip Code: 505255 Symbol: GMMPFAUDLR Sub.: Investor presentation on the Unaudited Standalone and Consolidated Financial Statements of GMM Pfaudler Limited (“the Company”) for the quarter and nine months end
Slide 2: February 2024
February 2024 www.gmmpfaudler.com
Slide 3: Disclaimer
This presentation has been prepared by GMM Pfaudler Limited (the “Company”) and forms a part of its intellectual property which is solely for the purposes of your general information and shall not be taken away, distributed, reproduced, or redistributed or passed on, directly or indirectly, to any o
Slide 4: Q3 FY24 financial highlights
₹ 856 crore ₹ 114 crore 13.3% Revenue EBITDA EBITDA Margin ₹ 31 crore 3.6% ₹ 7.06 PAT PAT Margin EPS ₹ 756 crore ₹ 1,625 crore Order Intake Order Backlog 3
Slide 5: Business and corporate highlights
Business ▪ Revenue stable across both International and India businesses ▪ Order intake improved by 21% Q-o-Q driven by Non-glasslined Technologies and Services ▪ Profitability in the International business remains stable, however, India margins under pressure ▪ Opportunity pipeline across business
Slide 6: Consolidated revenue, EBITDA, PAT and order trends
Figures in ₹ crore -9% 8% -20% -4% 856 937 142 792 118 114 13.3% 15.1% 14.9% Q3 FY24 Q2 FY24 Q3 FY23 Q3 FY24 Q2 FY24 Q3 FY23 -56% 65% -5% -28% 70 2,247 1,625 1,705 31 19 3.6% 7.5% 2.4% Q3 FY24 Q2 FY24 Q3 FY23 Q3 FY24 Q2 FY24 Q3 FY23 Backlog is net of POC. Margin and growth percentages are calculated
Slide 7: Revenue and order intake mix
4% Technologies 6% 28% Revenue 14% 35% 49% Systems 58% 90% 16% Services 4% 3% Technologies Order Intake 32% 56% 39% 46% Systems 12% 93% 15% Services *Note: Standalone and International breakdown excluded inter-company eliminations 6
Slide 8: Order intake and backlog trend
Figures in ₹ crore Order Intake Trend Order Backlog Trend 792 770 756 2,162 2,013 626 1,705 1,625 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Mar-23 Jun-23 Sep-23 Dec-23 7
Slide 9: Diversified investor base
Figures in % terms December September Investor Category 31, 2023 30, 2023 36% 30% Foreign Portfolio Investors 22.58 26.49 Mutual Funds 9.41 9.66 18% 15% Alternate Investments Funds 2.49 2.09 Insurance Companies/ Banks/ Fis 0.91 0.83 IEPF 0.39 0.40 Public 39.04 35.35 31-Mar-21 31-Mar-22 31-Mar-23 31-
Slide 10: Annexures
Annexures GMM Pfaudler ~
Slide 11: Consolidated Results
10 Consolidated Results GMM Pfaudler ~
Slide 12: Consolidated nine-month results
Figures in ₹ crore 17% 16% 2,706 2,312 388 335 14.3% 14.5% 9M FY24 9M FY23 9M FY24 9M FY23 -12% -17% 177 2,601 155 2,152 5.7% 7.7% 9M FY24 9M FY23 9M FY24 9M FY23 Margin and growth percentages are calculated on absolute figures 11
Slide 13: Revenue and order intake mix (nine months)
5% Technologies 6% 27% Revenue 36% 50% Systems 61% 12% 89% 14% Services 5% 5% Technologies Order Intake 32% 42% 44% 57% Systems 90% 11% 14% Services *Note: Standalone and International breakdown excluded inter-company eliminations 12
Slide 14: Consolidated income statement Q3 FY24
Figures in ₹ crore Particulars Q3 FY24 Q2 FY24 Q-O-Q Q3 FY23 Y-O-Y Operational Income 856 937 -9% 792 8% Material Cost 349 402 -13% 312 12% Other Costs 393 393 0% 362 9% Total Operating Expenses 742 795 -7% 674 10% EBITDA 114 142 -20% 118 -4% EBITDA Margin (%) 13.3% 15.1% (185) bps 14.9% (164) bps O
Slide 15: Standalone Results
14 Standalone Results GMM Pfaudler ~
Slide 16: Standalone quarterly results
Figures in ₹ crore -3% -6% -18% -28% 277 44 260 266 39 32 12.2% 14.5% 15.8% Q3 FY24 Q2 FY24 Q3 FY23 Q3 FY24 Q2 FY24 Q3 FY23 -32% -52% 0% -30% 22 624 16 435 435 11 4.2% 5.9% 8.1% Q3 FY24 Q2 FY24 Q3 FY23 Q3 FY24 Q2 FY24 Q3 FY23 Backlog is net of POC. Margin and growth percentages are calculated on abs
Slide 17: Standalone nine-month results
Figures in ₹ crore 3% -13% 806 782 127 110 13.7% 16.2% 9M FY24 9M FY23 9M FY24 9M FY23 -33% -22% 65 892 43 696 5.4% 8.3% 9M FY24 9M FY23 9M FY24 9M FY23 Backlog is net of POC. Margin and growth percentages are calculated on absolute figures. 16
Slide 18: Standalone income statement Q3 FY24
Figures in ₹ crore Particulars Q3 FY24 Q2 FY24 Q-O-Q Q3 FY23 Y-O-Y Operational Income 260 266 -3% 277 -6% Material Cost 140 135 4% 139 1% Other Costs 88 93 -5% 94 -6% Total Operating Expenses 228 228 0% 233 -2% EBITDA 32 39 -18% 44 -28% EBITDA Margin (%) 12.2% 14.5% (233) bps 15.8% (362) bps Other I
Slide 19: International Results
International Results GMM Pfaudler
Slide 20: International quarterly results
Figures in ₹ crore -6% 20% -15% 20% 667 708 85 101 557 71 12.8% 14.3% 12.7% Q3 FY24 Q2 FY24 Q3 FY23 Q3 FY24 Q2 FY24 Q3 FY23 -58% NA -8% -27% 53 1,234 1,343 1,697 22 7.4% 3.3% -7 Q3 FY24 Q2 FY24 Q3 FY23 Q3 FY24 Q2 FY24 Q3 FY23 * Includes Mavag & PFI, Excluding inter-company eliminations. 19 Backlog i
Slide 21: International nine-month results
Figures in ₹ crore 22% 40% 2,034 273 1,661 194 13.4% 11.7% 9M FY24 9M FY23 9M FY24 9M FY23 6% -15% 108 1,828 102 1,546 5.3% 6.1% 9M FY24 9M FY23 9M FY24 9M FY23 20 * Includes Mavag & PFI, Excluding inter-company eliminations. Backlog is net of POC. Margin and growth percentages are calculated on abs
Slide 22: Investor relations contacts
Priyanka Daga Anuj Sonpal GMM Pfaudler Limited Valorem Advisors T: +91 22 6650 3900 T: +91 22 4903 9500 E: investorrelations@gmmpfaudler.com E: gmmpfaudler@valoremadvisors.com