Remsons Industries Limited · NSE:REMSONSIND
Remsons Industries — H1 FY2023 Earnings Presentation
36 slides from Remsons Industries's earnings presentation
Slide 1: Investor Presentation Q2 / H1 FY 22-23
Investor Presentation Q2 / H1 FY 22-23
Slide 2: Disclaimer
DISCLAIMER Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "pl
Slide 3: Q2 / H1 FY 22-23 Key Highlights
Q2 / H1 FY 22-23 KEY HIGHLIGHTS +161 bps / 94% +239 bps Standalone Net Profit Growth Standalone for Q2 FY23 (Y-o-Y) EBITDA / PAT Margins Improvement for Q2FY23 Q2/H1 FY2023 152% / 41% 101% 28% Standalone / Standalone / Consolidated Consolidated EBITDA Growth Revenue Growth for H1FY23 (Y-o-Y) for H1F
Slide 4: Q2 FY 22-23 Highlights Standalone
Q2 FY 22-23 HIGHLIGHTS STANDALONE Revenue (Rs lacs) EBITDA (Rs lacs) • Total Standalone Revenue increased by 14.40% Y-o-Y basis • Industry Volumes in Q2FY23: Two-Wheeler sales were 46.73 Lakh Units and Passenger car sales were 10.26 Lakh units. Commercial Vehicles were at 2.31 Lakh Units. • EV Volum
Slide 5: Q2 FY 22-23 Highlights Consolidated
Q2 FY 22-23 HIGHLIGHTS CONSOLIDATED Revenue (Rs lacs) EBITDA (Rs lacs) • Consolidated Revenue stood at Rs.8122 lacs up by 8% Y-o-Y • Gross Profit margins were higher in consolidated at 35.1% • Inflationary effects coupled with demand disruption due to the ongoing conflict and the continued semiconducto
Slide 6: Q2 FY 22-23 Standalone Results
Q2 FY 22-23 STANDALONE RESULTS Particulars (INR in lacs) Q2FY23 Q1FY23 Q2FY22 Y-o-Y(%)* H1FY23 H1FY22 Y-o-Y(%) Net Sales 7026.0 6480.3 6141.8 14.40 13,506.3 9,664.8 39.7 Material Consumed 4828.9 4576 4233.1 14.07 9,404.5 6,616.2 42.1 Employee benefit expenses 955.3 893.6 896.0 6.62 1,848.9 1,564.9 1
Slide 7: Q2 FY 22-23 Consolidated Results
Q2 FY 22-23 CONSOLIDATED RESULTS Particulars (INR in lacs) Q2FY23 Q1FY23 Q2FY22 Y-o-Y(%) H1FY23 H1FY22 Y-o-Y(%) Net Sales 8122.1 7955.5 7520.1 8.01 16,077.7 12,641.0 27.2 Material Consumed 5271.0 5060.7 4813.7 9.50 10,331.7 8,022.4 28.8 Employee benefit expenses 1406.4 1374.7 1347.4 4.38 2,781.1 2,4
Slide 8: Strategy for a Profitable Growth
STRATEGY FOR A PROFITABLE GROWTH New Product Operational Efficiency 3 New Customers Business Awarded in Q2. Lean and Agile Manufacturing processes increasing Asset Utilization New Product Business Award with UK (Magal) Technology localised for Indian OEM in Q2 Cost reduction measures at organization a
Slide 9: Company Overview
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Slide 10: Re-branding: Let's Make Great
RE-BRANDING At Remsons, we love what we do. Whether it is the highest standards of engineering excellence or the spirit of collaboration at the heart of our cultural ethos, it is all powered by a drive for greatness. The handcrafted specially designed typography represents the solidity, the sharpnes
Slide 11: A Little Bit of History
A LITTLE BIT OF HISTORY Born into a middle-class family in Kolkata, Mr. Vishwa Prakash Harlalka moved from Kolkata to Mumbai in 1956. With nothing but a dream he tried his hand at many businesses, failing and only rising stronger and wiser. He Founded Remsons in 1959. Formed as a trading company, th
Slide 12: Remsons - At a Glance
REMSONS - AT A GLANCE About Us Customer Profile Strategy The company offers an entire spectrum of All major OEM manufacturers of 2, 3, & Focus on advancement of technologies Automobile control cables, gear shifters, 4 wheelers both domestic and overseas and strengthening of business winches, pedal bo
Slide 13: Key Highlights
KEY HIGHLIGHTS INR 286.5 crs of INR 20.2 crs of Serving more than 20 OEM’s and Total Income in FY 22 EBITDA in FY 22 250+ dealers in after-market 4 State of the Art Plants across Exports to more 246 employees consisting of Design team, India and 1 in UK than 19 countries HR team, Managerial Staff (P
Slide 14: Milestones
MILESTONES 1960-1973 2004-2006 2018-2019 1st to introduce Indigenously Opened control cables manufactured marketing and and Pressure die dash mounted technical support cast cables ends park brake and office in USA and in India push pull cables Europe 1959 2001 2015 2020 Company Indigenously Great emph
Slide 15: Remsons DNA: Vision, Mission, Quality
REMSONS DNA VISION EMPOWER Let’s aim to be regarded as an innovative, We provide employee with the resources, future-ready auto component manufacturer always authority, opportunity, and motivation to do their committed to the highest standards of engineering work, also holding them accountable for t
Slide 16: Group Organisation Structure
GROUP- ORGANISATION STRUCTURE Remsons Industries Limited India UK Operations Operations Gurugram Daman Pune Pardi Stourport The synergies created through this acquisition including access to the central European market, new product portfolio and operational production plant in UK to better save the
Slide 17: Global Presence
GLOBAL PRESENCE Stourport-on-Severn United Kingdom United Kingdom Application Support & Application Support & Marketing Office France Marketing Office Mexico USA Germany Gurgaon India Austria Pune Sweden India Italy Spain Daman; Pardi Turkey India Singapore Mumbai India Nepal Sri Lanka Bangladesh Brazil
Slide 18: Multi Location Establishment
MULTI LOCATION ESTABLISHMENT MUMBAI GURGAON STOURPORT-ON-SEVERN (United Kingdom) PUNE DAMAN PARDI (Gujarat) PUNE, MAHARASHTRA GURGAON, HARYANA STOURPORT-ON-SEVERN, UNITED KINGDOM
Slide 19: Management Details
MANAGEMENT DETAILS Krishna Kejriwal Amit Srivastava Chairman & Managing Director, Remsons Industries Limited Chief Executive Officer, Remsons Industries Limited Mr. Kejriwal is a Graduate in Science from University of He is MBA in Marketing & Finance completed Senior Management Bangalore and has 43 ye
Slide 20: In-House Product Development Capabilities
IN-HOUSE PRODUCT DEVELOPMENT CAPABILITIES Design FEA Complete In-House Simulation & FEA In-House Design Capabilities Established Capabilities Product Development Capabilities Enhancement Technology Validation Synergy Continuous upgradation of In-House Product Validation Design and Validation Capabil
Slide 21: Products Gallery
PRODUCTS GALLERY Push Pull Cables Pedal Box Handle Assembly Gear Shift Systems SYSTEMS GEAR SHIFTERS PARKING BRAKE PEDAL BOX WINCHES JACKS Jacks Parking Brake Assembly Winch Assembly Auto Adjust Clutch Cable
Slide 22: Application of Products
APPLICATION OF PRODUCTS Serving All Segments of Industry 2- Wheeler 3- Wheeler 4- Wheeler Commercial Vehicle Off-Roader Agriculture Brake - Front, Rear, Combi Clutch / PKB Cable Parking Brake Cable Parking Brake Cable Accelerator Cables Clutch & Brake Cable Accelerator Cable Gasoline Cable Body & Cl
Slide 23: Customer Profile
CUSTOMER PROFILE Passenger Cars (Tier – I) Commercial Vehicles 2 & 3 Wheeler Agriculture Electric 2 Wheeler BMW is Tier II
Slide 24: Quality Certification
QUALITY CERTIFICATION IATF 16949:2016 IS0 14001: 2015 ASES CERTIFIED
Slide 25: Awards & Recognitions
AWARDS & RECOGNITIONS Jamnalal Bajaj Award – For Fair Business Practices ACMA Award – First Technology Award for Upgradation of Technology Escorts Award – For Price Control Maruti Suzuki – Vendor Performance Award ACMA – 1st Prize in QC Competition for Cost Reduction Company of the Year Award 2020 b
Slide 26: Sustainability
SUSTAINABILITY SILVER RATING OF MEMBER OF THE UN CORPORATE SOCIAL GENERATION OF 500 KVA SUSTAINABILITY GLOBAL COMPACT RESPONSIBILITY - AWARD PER MONTH. 2021 2022 Ecovadis Score Card Shows about The Ten Principles of the Education to the handicapped, In keeping with the efforts of company’s performan
Slide 27: Financials
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Slide 28: Five Years Sales Trend - Consolidated
FIVE YEARS SALES TREND - CONSOLIDATED $ =77.62 € = 83.32 £ = 97.81 2021-22 37 M $ 34 M € 2020-21 29 M £ 29 M $ 27 M € 23 M £ 2019-20 20 M $ 19 M € 16 M £ 2018-19 19 M $ 18 M € 15 M £ 2017-18 16 M $ 15 M € 12 M £ ₹ 123 Cr ₹ 150 Cr ₹ 160 Cr ₹ 226 Cr ₹ 286 Cr National Lockdown From Pandemic March 20 –
Slide 29: Profitable Growth, Strong ROE, ROCE
PROFITABLE GROWTH, STRONG ROE, ROCE Rs in crs Rs in crs Rs in crs 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 ROE ROCE
Slide 30: Annual Standalone Profit & Loss Statement
ANNUAL- STANDALONE PROFIT & LOSS STATEMENT Particulars (INR in crs) FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Net Revenue from Operations 128.36 149.38 159.18 195.48 223.28 Other Income 1.58 0.75 1.70 1.95 1.16 Total Revenue 129.94 150.13 160.88 197.42 224.44 COGS 78.30 92.99 95.71 136.29 152.81 Emplo
Slide 31: Annual Consolidated Profit & Loss Statement
ANNUAL-CONSOLIDATED PROFIT & LOSS STATEMENT Particulars (INR in crs) FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Net Revenue from Operations 128.36 149.38 159.18 226.15 286.45 Other Income 1.58 0.75 1.70 2.41 0.74 Total Revenue 129.94 150.13 160.88 228.56 287.61 COGS 78.30 92.99 95.71 151.67 180.79 Empl
Slide 32: Annual Standalone Balance Sheet (1/2)
ANNUAL- STANDALONE BALANCE SHEET (1/2) Particulars (INR in crs) FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Assets Non-Current Assets Property, Plant & Equipment 21.75 21.51 21.71 24.05 27.91 Right of Use of Assets - - 0.54 8.81 6.87 Capital Work in Progress 0.05 0.14 0.08 0.35 0.54 Investment Property
Slide 33: Annual Standalone Balance Sheet (2/2)
ANNUAL_ STANDALONE BALANCE SHEET (2/2) FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Equities & Liabilities Share Capital 5.71 5.71 5.71 5.71 5.71 Reserves & Surplus 13.84 16.03 19.03 25.68 28.89 Net Worth 19.55 21.74 24.74 31.39 34.60 Non-Current Liabilities Long Term Borrowings 8.24 7.87 7.53 20.56 18.0
Slide 34: Annual Consolidated Balance Sheet (1/2)
ANNUAL- CONSOLIDATED BALANCE SHEET (1/2) Particulars (INR in crs) FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Assets Non-Current Assets Property, Plant & Equipment 21.75 21.51 21.71 31.71 34.40 Right of Use of Assets - - 0.54 8.81 6.87 Capital Work in Progress 0.05 0.14 0.08 0.35 0.54 Investment Propert
Slide 35: Annual Consolidated Balance Sheet (2/2)
ANNUAL-CONSOLIDATED BALANCE SHEET (2/2) FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 Equities & Liabilities Share Capital 5.71 5.71 5.71 5.71 5.71 Reserves & Surplus 13.84 16.03 19.03 24.01 28.82 Net Worth 19.55 21.74 24.74 29.72 34.53 Non-Current Liabilities Long Term Borrowings 8.24 7.87 7.53 34.37 29.
Slide 36: Thank You!
Thank You! For further information, please contact Remsons Industries Limited KAPTIFY Consulting Tel: +91 22 2612 2368/2611 3883 Strategy & Investor Relations Consulting Email: corporate@remsons.com Tel: +91 845 288 6099 | Email: info@kaptify.in www.remsons.com www.kaptify.in