Remsons Industries Limited · NSE:REMSONSIND
Remsons Industries — Q2 FY2022 Earnings Presentation
39 slides from Remsons Industries's earnings presentation, Nov 18, 2021
Slide 1: Cover letter to stock exchanges
REMSONS Industries limited P.O.Bag No.7685 Mumbai- 400067 Tel. : 26122368 / 26113883 / 26114452 Web : www .remsons.com CIN : L51900MH1971PLC015141 18th November, 2021 To, The Manager - Corporate Service Dept. The Manager- The Listing Department, BSE Limited National Stock Exchange of India Limited J
Slide 2: Investor Presentation H1 & Q2 FY21-22
REMSONS INDUSTRIES LIMITED INVESTOR PRESENTATION INVESTOR H1 &PRESENTATION Q2 FY21-22 MAY 2021
Slide 3: 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 4: H1 & Q2 FY21-22 Result Update
H1 & Q2 FY21-22 RESULT UPDATE
Slide 5: Q2 FY21-22 Standalone Results
Q2 FY21-22 Standalone Results Particulars (INR in crs) Q2 FY22 Q1 FY22 Q-o-Q Growth Q2 FY21 Y-o-Y Growth FY 2021 Net Revenue from Operations 61.42 35.23 74.33% 54.93 11.81% 195.48 Other Income -0.47 0.86 NA 0.22 NA 1.95 Total Revenue 60.95 36.09 68.90% 55.15 10.52% 197.42 COGS 42.33 23.83 77.63% 39.
Slide 6: Q2 FY21-22 Consolidated Results
Q2 FY21-22 Consolidated Results Particulars (INR in crs) Q2 FY22 Q1 FY22 Q-o-Q Growth FY 2021 Net Revenue from Operations 75.20 51.21 46.85% 226.15 Other Income -0.19 1.12 NA 2.41 Total Revenue 75.02 52.33 43.35% 228.56 COGS 48.14 32.09 50.02% 151.67 Employee Benefit Expenses 13.47 11.39 18.30% 39.5
Slide 7: H1 FY21-22 Standalone Results
H1 FY21-22 Standalone Results Particulars (INR in crs) H1 FY22 H1 FY21 Y-o-Y Growth FY 2021 Net Revenue from Operations 96.65 68.07 41.98% 195.48 Other Income 0.39 0.26 51.03% 1.95 Total Revenue 97.04 68.33 42.01% 197.42 COGS 66.16 49.13 34.66% 136.29 Employee Benefit Expenses 15.65 11.27 38.82% 30.
Slide 8: Q2 FY21-22 Operational Highlights
Q2 FY21-22 Operational Highlights • Domestic manufacturers of Automotive components witnessed an uptick in demand and production after a subdued Q1 FY 2022 • The demand and volume offtake across the domestic markets were driven by increase in spending and consumption, especially post lockdowns, a sh
Slide 9: Shifting of Manufacturing Plant & Operating Lines
Shifting of Manufacturing Plant & Operating Lines • In September 2021 Remsons Industries Limited successfully completed shifting of one of its manufacturing plant located at Daman to the newly commissioned plant in Pune • The new plant is a greenfield project having state of the art manufacturing fa
Slide 10: Q2 FY 21-22 Highlights- Standalone
Q2 FY 21-22 Highlights- Standalone Revenue 4.0 EBITDA 70.0 60.95 3.5 3.36 • Total Standalone Revenue stood at 60.0 55.15 2.93 Rs.60.95 crores in Q2 FY 21-22 up by 3.0 50.0 68.90% Q-o-Q and 10.52% on Y-o-Y 2.5 basis. Negative Other Income was 40.0 36.09 2.0 on account of Exchange Rate 30.0 1.5 Fluctu
Slide 11: Q2 FY 21-22 Highlights - Consolidated
Q2 FY 21-22 Highlights - Consolidated Revenue EBITDA 90.0 6.0 • Consolidated revenue stood at Rs. 80.0 77.62 75.02 5.31 5.28 75.02 crores up 43.35% Q-o-Q basis, 70.0 5.0 but the UK business was impacted by 60.0 4.0 the low volume offtakes on account 52.33 50.0 of prevailing global semi conductor 40.
Slide 12: Management's Message
Management’s Message Commenting on the performance, Mr. Rahul Kejriwal, Director & CFO, Remsons Industries Ltd. said, “Remsons Industries continues its journey achieving newer milestones in terms of adding new customers globally and new platforms. Our UK operations entered into long-term supply agre
Slide 13: Company Overview
COMPANY OVERVIEW
Slide 14: A Little Bit of History
A LITTLE BIT OF HISTORY Born into a middle-class family in Kolkata, Mr. Vishwaprakash 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 started Remsons in 1959. Formed as a trading company, the
Slide 15: Remsons Industries Limited- At A Glance
Remsons Industries Limited- At A Glance ABOUT US CUSTOMER PROFILE STRATEGY The company offers an entire spectrum All major OEM manufacturers of 2, 3, & 4 Focus on advancement of technologies of Automobile control cables, gear wheelers both domestic and overseas and strengthening of business shifters
Slide 16: Remsons DNA
REMSONS DNA VISION EMPOWER To be recognized as a leading global We provide employee with the auto component manufacturing resources, authority, opportunity, and organization through innovations, motivation to do their work, also holding enduring partnerships & be committed them accountable for their
Slide 17: Key Highlights
Key Highlights INR 228.5 crs of INR 12.6 crs of Serving more than 20 OEM’s Total Income in FY 21 EBITDA in FY 21 and 250+ dealers in after- market 4 State of the Art Plants Exports to more 246 employees consisting of Design team, across India and 1 in UK than 19 countries HR team, Managerial Staff (
Slide 18: Milestones Achieved
Milestones Achieved 1960-1973 2004-2006 2018-2019 1st to introduce Indigenously Opened control cables and manufactured marketing and Pressure die cast dash mounted technical support cable ends in park brake and office in USA and India push pull cables Europe 1959 2001 2009 2020 Company formed Indige
Slide 19: Application of Products
Application of Products Serving all Segments of Industry 2-wheeler 3-wheeler 4-wheeler CV 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 Cables Gear Shifter wit
Slide 20: Product Gallery
Product Gallery Control Cables Pedal Box Gear Shifters CABLES CONTROL CABLES FLEXIBLE SHAFTS PUSH PULL CABLES SYSTEMS GEAR SHIFTERS PARKING BRAKE PEDAL BOX WINCHES JACKS Jacks Winches
Slide 21: Global Presence
Global Presence STOURPORT-ON-SEVERN UNITED KINGDOM Application Support & Marketing Office EXPORTS TO: ● UNITED KINGDOM ● MEXICO ● USA ● CANADA GURGAON ● GERMANY INDIA ● AUSTRIA PUNE ● ITALY INDIA ● SPAIN ● SLOVAKIA ● TURKEY Application Support ● MOROCCO DAMAN; PARDI INDIA ● CHINA MUMBAI ● SINGAPORE
Slide 22: Manufacturing Facilities
Manufacturing Facilities 4 Plants in India 1 Plant in UK
Slide 23: In-House Product Development Capabilities
In-House Product Development Capabilities Design FEA Complete In-House In-House Design Simulation & FEA Capabilities Capabilities Established Product Development Capabilities Enhancement Technology Synergy Validation Design and Validation Continuous Synergy Between UK upgradation of & India In-House
Slide 24: Customer Profile
Customer Profile MS MARL sTeLcAnns GZ | iweco , mits Hero ~~ _ Ley, A “> INEOS = NAVISTAR Kos TATA Automotive ASTON MARTIN TVS smu ISU2U CD ( | ) Mahindra Mahindra > DAIMLER FREVA Soman Ashok Leyland HONDA FORCE
Slide 25: Group - Organization Structure
Group - Organization Structure REMSONS IND LTD INDIA UK OPERATIONS OPERATIONS GURUGRAM DAMAN PUNE PARDI STOURPORT The synergizes created through this acquisition including access to the central European market, new product portfolio and operational production plant in UK to better serve the global c
Slide 26: 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 Bangalore and has 43 years • He is MBA in Marketing & Finance completed Seni
Slide 27: Quality Certification
Quality Certification IATF 16949:2016 1S0 14001: 2015 ASES CERTIFIED
Slide 28: Awards & Recognition
Awards & Recognition ● Jamnalal Bajaj Award – For Fair Business Practices ● ACMA Award – First Technology Award for Upgradation of Technology ● Escorts Award – For Price Control ● Membership – United Nations Global Compact ● Maruti Suzuki – Vendor Performance Award ● ACMA – 1st Prize in QC Competiti
Slide 29: Strategy for Profitable Growth
Strategy for Profitable Growth New Product Operational Efficiency Focus on launch of 2 new products Shifting of Daman Plant to a Greenfield which are already under development plant in Pune. Product Development- Offering and Lean and Agile Manufacturing diversifying products range processes Entering
Slide 30: CSR Activity- Supporting the Society
CSR Activity- Supporting the Society “We remain Committed to Society” Daman- 2 days education awareness camp Distributed happiness kits to students at and sports activities at 9 ZP school, in Government Schools with Akshay Patra at Palghar District GPS Kadiwad Daman COVID-19 Support- Donation to the
Slide 31: Financial Overview
FINANCIAL OVERVIEW
Slide 32: Annual – Standalone Profit & Loss Statement
Annual – Standalone Profit & Loss Statement Particulars (INR in crs) FY 2018 FY 2019 FY 2020 FY 2021 H1 FY21-22 Net Revenue from Operations 128.36 149.38 159.18 195.48 96.65 Other Income 1.58 0.75 1.70 1.95 0.39 Total Revenue 129.94 150.13 160.88 197.42 97.04 COGS 78.30 92.99 95.71 136.29 66.16 Empl
Slide 33: Annual – Standalone Balance Sheet (1/2)
Annual – Standalone Balance Sheet (1/2) Particulars (INR in crs) FY 2018 FY 2019 FY 2020 FY 2021 H1 FY21-22 Assets Non-Current Assets Property, Plant & Equipment 21.75 21.51 21.71 24.05 26.85 Right of Use of Assets - - 0.54 8.81 7.85 Capital Work in Progress 0.05 0.14 0.08 0.35 1.70 Investment Prope
Slide 34: Annual – Standalone Balance Sheet (2/2)
Annual – Standalone Balance Sheet (2/2) Particulars (INR in crs) FY 2018 FY 2019 FY 2020 FY 2021 H1 FY21-22 Equities & Liabilities Share Capital 5.71 5.71 5.71 5.71 5.71 Reserves & Surplus 13.84 16.03 19.03 25.68 25.33 Net Worth 19.55 21.74 24.74 31.39 31.04 Non-Current Liabilities Long Term Borrowi
Slide 35: Annual – Consolidated Profit & Loss Statement
Annual – Consolidated Profit & Loss Statement Particulars (INR in crs) FY 2018 FY 2019 FY 2020 FY 2021 H1 FY21-22 Net Revenue from Operations 128.36 149.38 159.18 226.15 126.41 Other Income 1.58 0.75 1.70 2.41 0.93 Total Revenue 129.94 150.13 160.88 228.56 127.34 COGS 78.30 92.99 95.71 151.67 80.22
Slide 36: Annual – Consolidated Balance Sheet (1/2)
Annual – Consolidated Balance Sheet (1/2) Particulars (INR in crs) FY 2018 FY 2019 FY 2020 FY 2021 H1 FY21-22 Assets Non-Current Assets Property, Plant & Equipment 21.75 21.51 21.71 31.71 34.05 Right of Use of Assets - - 0.54 8.81 7.85 Capital Work in Progress 0.05 0.14 0.08 0.35 1.70 Investment Pro
Slide 37: Annual – Consolidated Balance Sheet (2/2)
Annual – Consolidated Balance Sheet (2/2) Particulars (INR in crs) FY 2018 FY 2019 FY 2020 FY 2021 Consolidated H1 FY21-22 Equities & Liabilities Share Capital 5.71 5.71 5.71 5.71 5.71 Reserves & Surplus 13.84 16.03 19.03 24.01 24.43 Net Worth 19.55 21.74 24.74 29.72 30.15 Non-Current Liabilities Lo
Slide 38: Profitable Growth, Strong ROE & ROCE
Profitable Growth, Strong ROE & ROCE Revenue EBITDA PAT 14.0 9% 250.0 8% 0.0 6 228.56 3% 8% 12.0 7% 0.0 5 200.0 7% 160.88 10.0 6% 0.0 3% 6% 150.13 6% 2% 4 INR in crores INR in crores 150.0 5% INR in crores 129.94 127.34 8.0 5% 0.0 2% 3 6.0 4% 100.0 0.0 3% 2 4.0 0.0 50.0 2% 2.0 1 0.0 1% 0.40% 0.0 9.6
Slide 39: Thank You
Thank You For further information, please contact: Remsons Industries Limited Tel: +91 22 2612 2368/2611 3883 Email: corporate@remsons.com For more information, visit www.remsons.com