Pennar Industries Limited · NSE:PENIND
Pennar Industries — Q2 FY2018 Earnings Presentation
28 slides from Pennar Industries's earnings presentation
Slide 1: Pennar Industries Limited Investor Presentation Q2FY18
Pennar Industries Limited Investor Presentation Q2FY18 PENNAR INDUSTRIES LIMITED
Slide 2: Disclaimer
Disclaimer This presentation contains “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Pennar Industries Limited and its subsidiary companies’ (“Pennar”) future business developments a
Slide 3: Q2FY18 Snapshot
Q2FY18 Snapshot
Slide 4: Financial Performance – Q2FY18
Financial Performance – Q2FY18 In Rs crs Gross Revenues Gross Revenues 411 426 287 272 Consolidated Performance Standalone Performance Q2FY17 Q2FY18 Q2FY17 Q2FY18 Net Revenue & EBITDA % Net Revenue & EBITDA % 426 381 287 11.5% 10.5% 252 9.4% 9.2% Q2FY17 Q2FY18 Q2FY17 Q2FY18 4
Slide 5: Financial Performance – H1FY18
Financial Performance – H1FY18 In Rs crs Gross Revenues Gross Revenues 886 608 749 505 Consolidated Performance Standalone Performance H1FY17 H1FY18 H1FY17 H1FY18 Net Revenue & EBITDA % Net Revenue & EBITDA % 856 587 690 10.6% 465 9.2% 11.9% 9.0% H1FY17 H1FY18 H1FY17 H1FY18 5
Slide 6: Segment Performance – Q2FY18
Segment Performance – Q2FY18 Systems & Projects Tubes 111.2 114.4 49.7 Net Revenues (Rs crs) & EBITDA Margin % 14.7% 40.7 12.1% 8.0% 7.9% Q2FY17 Q2FY18 Q2FY17 Q2FY18 Industrial Components Steel Products 17.2 95.2 78.2 12.6 4.1% 4.4% 15.0% 12.3% Q2FY17 Q2FY18 Q2FY17 Q2FY18 6
Slide 7: Evolving Business Mix (1/2)
Evolving Business Mix (1/2) As of 30th September, 2017 Scrap ICD 4% Steel Products 6% Systems and Steel Products Tubes 33% Projects 17% Tubes ICD Scrap Systems and Projects 40% As a Percentage of Standalone Revenues for Q2FY18 7
Slide 8: Evolving Business Mix (2/2)
Evolving Business Mix (2/2) * Tubes (17%) * Steel Products (33%) CDW Tubes General Engg. Automobile 6% 8% 11% ERW Tubes 11% Buildings 6% Auto 2% Infrastructure Profile 5% * Systems and Projects (40%) Others 1% Railways 14% Solar 26% * As a Percentage of Standalone Revenues for Q2FY18 8
Slide 9: Segment Highlights
Segment Highlights
Slide 10: Segment-wise Business Review; Outlook
Segment-wise Business Review; Outlook INR 40 27 Customers crores Systems Q2FY18 Sales and Projects Business Highlights New Product: A new product was added in this quarter - Under Frame Complete for Power Car. Repeat orders: Large orders were received from ICF and Western • Received for Stainless St
Slide 11: Segment-wise Business Review; Outlook
Segment-wise Business Review; Outlook Systems and 15 INR 74 crores Projects - Customers Q2FY18 Sales Solar Business Highlights • In this quarter, received orders from Sterling & Wilson, Renew Solar and Tata Power Solar. Major customers include Sterling & Wilson, L&T, Mahindra Susten, Nuevosol, Tata
Slide 12: Segment-wise Business Review; Outlook
Segment-wise Business Review; Outlook 255+ INR 49.7 Customers crores sales, (Domestic & with 22.2% Tubes Exports) YoY growth Business Highlights • About 70% of the orders are from regular major OEAs in the form of monthly schedules and the balance 30% are project-based orders. Plant approvals came f
Slide 13: Segment-wise Business Review; Outlook
Segment-wise Business Review; Outlook INR 17.2 36.3% YoY Industrial crores growth Q2FY18 Sales components WP/WT Cylinder Business Highlights • A record 36% YoY growth was achieved in this quarter • The Chennai plant recorded a 48% growth in H1FY18 • Process improvement initiatives and CAPEX worked w
Slide 14: Segment-wise Business Review; Outlook
Segment-wise Business Review; Outlook Customers Steel INR 95.2 CRSS: 100 crores Products – CRFS: 75 Q2FY18 Sales Steel Business Highlights • CRFS Orders came in ESP from Thermax and GE Power. • Orders came in Buildings from Elecon, SNC, Sunil Hytech and RDS Products. • Repeat Orders came from regula
Slide 15: Subsidiary Highlights
Subsidiary Highlights
Slide 16: Group Subsidiaries
Group Subsidiaries Pennar Industries Limited Market Cap as of 30th September 2017 – INR 717.9 crs Pennar Engineering Pre-engineered building systems, Roof Top Solar, Solar Building Systems EPC Industrial Water Treatment Pennar Enviro Solutions, Water Treatment Chemicals, Fuel Additives 16
Slide 17: Subsidiary Highlights; Outlook
Subsidiary Highlights; Outlook 7 New Pennar Customers Enviro Repeat Orders: Chemicals: Utkal Alumina International Ltd., HSIL Ltd., Sigma Electrical Manufacturing Ltd., Deepak Novochem Technologies Ltd. New Customers: Chemicals: Gujarat State Electric Corporation Ltd., Parker Hannifin India Pvt. Ltd
Slide 18: Subsidiary Highlights, Outlook
Subsidiary Highlights, Outlook Rs 363 Q2FY18 Gross crores Revenue of Rs PEBS current order 152.6 crores Pennar book New Orders: RVNL for wagon manufacturing unit through URC, Alstom for railway engines assembly unit through Tata Projects Ltd., Multiple orders from TVS Infra for warehouse building, S
Slide 19: The Pennar Group
The Pennar Group
Slide 20: Years of Experience, Precisely Engineered Products
30 1,000 500 2,500 2,000 YEARS OF PRECISELY CUSTOMERS TOOLS & EMPLOYEES AND EXPERIENCE ENGINEERED DIES GROWING ! PRODUCTS
Slide 21: Business Segments
Business Segments Steel Products Systems and Industrial Tubes Projects Components • Automobiles • Railway Coaches • Automobiles • Automobiles • General and Wagons • Industrial • Power Engineering • Solar Mounting • White Goods • Infrastructure Structures • Hydraulics • White Goods z z zv z 21
Slide 22: Distributed Manufacturing
Distributed Manufacturing Patancheru Press Components, Profiles, ESP / Building Products, Sheet Piles / Solar, Railway Components, CRSS, Fabrication Sadasivpet High precision CNC machines, Roll formers Isnapur CRSS, ERW / CDW Tubes, Profiles, Solar Baroda Velchal Strip Galvanizing, Hot Dip Galvanizi
Slide 23: Projects
Projects
Slide 24: Projects – Pennar Enviro
Projects – Pennar Enviro JBF Petrochemicals BHEL Wanakbhori AGI Glaspac ONGC 24
Slide 25: Projects – PEBS
Projects – PEBS Indus Hetero Haier Essae Teraoka Strides Shriji Polymers Schindler 25
Slide 26: Management Team
Management Team
Slide 27: Management Team
Management Team Leadership Team Nrupender Rao Aditya N. Rao P. V. Rao Shreepad Purkar Executive Chairman Vice Chairman, Managing Managing Director President and CEO Pennar Group Director, Pennar PEBS Pennar Pennar Enviro Industries Business Heads Dayasagar Rao Y Narasimha Rao M. Bhoopal Reddy Shiva
Slide 28: Thank You
THANK YOU Contact Details: Investor Relations – corporatecomunications@pennarindia.com Pennar Industries Limited Floor: 3, DHFLVC Silicon Towers Kondapur, Hyderabad - 500 084, Telangana CIN : L27109AP1975PLC 001919