Man Industries (india) Limited · NSE:MANINDS
Man Industries (india) — Investor Presentation (March 2023)
36 slides from Man Industries (india)'s investor presentation, Mar 14, 2023
Slide 1: Exchange filing cover letter
March 14, 2023 To, To, BSE Limited National Stock Exchange of India Ltd 1st Floor, New Trading Ring, Exchange Plaza, 5th Floor, Rotunda Building, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Mumbai. Bandra (E), Mumbai 400 051. Scrip Code - 513269 Scrip ID – M
Slide 2: Investor Presentation March 2023
1 Investor Presentation March 2023
Slide 3: Snapshot
2 Snapshot Among leading manufacturer of 2 state of art manufacturing large diameter pipes with 3 facility with 5 production lines 1 Million+ MTPA Decades of presence in Pipe Strategically located units to cater Total installed capacity Industry export market API grade LSAW, HSAW, Coating 25+ Years
Slide 4: Company Overview
3 Company Overview INVESTOR PRESENTATION
Slide 5: Company Overview
4 Company Overview • Man Industries (India) Ltd. (MAN), was incorporated in 1988 and is the flagship company Consolidated Revenue (INR Mn) & EBITDA Margins (%) of the Man Group promoted by the Mansukhani family. 20,802 21,386 • Today, the company is one of the largest manufacturer and exporter of la
Slide 6: Mission, Vision & Management Philosophy
5 Mission, Vision & Management Philosophy MISSION VISION MANAGEMENT PHILOSOPHY Partnering With Every Major Global Client In Oil, Obtaining Market Leadership Position By Man Industries has always believed in achieving Gas & Water Sector By Providing Quality Providing Innovation & Quality Products & h
Slide 7: Experienced Management governed by a Strong Board
6 Experienced Management governed by a Strong Board Dr. Ramesh C. Mansukhani (Chairman) Mr. Nikhil Manuskhani (Managing Director) He is the First Generation Entrepreneur and a visionary He is associated with Man Industries (India) Ltd. after leader with over four decades of industrial experience. co
Slide 8: Journey So Far
7 Journey So Far ▪ 1975 Started with Plastic Extrusion/ PVC Polymer products. ▪ 1988 ▪ 2018 Started with Aluminum Extrusion Plant at Pithampur. Started third plant of 3 LPE/FBE Coating and ▪ 2007 ▪ 1996 Received prestigious order of $225mn from USA exports to water infrastructure client globally. LS
Slide 9: Marquee Clientele across Globe
8 Marquee Clientele across Globe Domestic Clients International Clients INVESTOR PRESENTATION
Slide 10: Accolades & Certifications
9 Accolades & Certifications
Slide 11: Manufacturing Prowess
10 Manufacturing Prowess • Man Industries (India) Ltd. has two plants: one plant in Anjar, Kutch District of Gujarat and other in Pithampur, Madhya Pradesh spread over a total of 150 acres. • The combined manufacturing capacity of both plants is 1 Mn TPA of LSAW and HSAW Pipes with strong control qu
Slide 12: Business Overview
11 Business Overview
Slide 13: Varied Applications in Oil and Gas Steel Industry
12 Varied Applications in Oil and Gas Steel Industry Large diameter pipes cater to varied applications in Oil and Gas industry, which are used to carry in-plant fuel/gas in refineries and other processes under high pressure and temperature environment and are for the construction of trunk pipeline s
Slide 14: Longitudinal Submerged Arc Welded (LSAW) Pipe
13 Longitudinal Submerged Arc Welded (LSAW) Pipe • MAN offers LSAW Line Pipes of various sizes and specifications to meet the LSAW Products Range growing global demand of high pressure cross-country pipelines. • Outside Diameter: 16" to 56" • The LSAW Line Pipes are manufactured in strict conformanc
Slide 15: Helically Submerged Arc Welded (HSAW) Pipe
14 Helically Submerged Arc Welded (HSAW) Pipe HSAW Products Range • The company’s HSAW Line Pipe Facility at Anjar is equipped with all NDT and • Outside Diameter: 18" to 140" laboratory facilities to cater to the requirements of its world-wide clientele of • Wall Thickness: 6 mm to 25.40 mm high pr
Slide 16: Coating
15 Coating External Coating System • Man Industries offers a wide range of external coating solutions to fulfil • FBE /DFBE customers' needs from anti-corrosion protection and negative buoyancy • 3LPE / 3LPP Coating requirements and internal coating solution to provide flow efficiency and Internal C
Slide 17: Strategic Overview
16 Strategic Overview
Slide 18: Enhancing the Product Mix
17 Enhancing the Product Mix Current Capacity Projected Capacity o Working towards optimum utilization of current capacity, o Investing in next stage of growth ie. ERW Pipes to Serve the Identification of area of improvement in current setup and hydro-carbon and CGD sector. upgrade the existing setu
Slide 19: Well poised to capture increasing industry opportunities
18 Company Well poised toSnapshot capture increasing industry opportunities ERW 6” to 18” Diameter size (API Project Cost Expected to be completed 1,25,000 MTPA Grade) Approx. INR 170 Cr by Q4 FY23 Stainless Steel (Seamless Pipe) 20,000 0.5” to 5” Diameter Project Cost Expected to be completed MTPA
Slide 20: Piping towards realisation of Desired Targets
19 Piping towards realisation of Desired Targets Focus on all aspects of operational efficiencies – better utilizations, better absorption fixed costs, reduced wastage - to strengthen Strategies Undertaken on Various Fronts competitive position and improve margins • Targeting higher capacity utiliza
Slide 21: CSR Initiatives
20 CSR Initiatives • Participating in the nearby villages for community upliftment initiatives such as education, healthcare, water and sanitation management programs, green initiatives, cultural activities, skill development and employment generation activities to ensure overall development. • We h
Slide 22: Socially Responsible towards Society and Environment
21 Socially Responsible towards Society and Environment Towards Society: • The Governor of Maharashtra has felicitated with a “Certificate of Recognition” as a “CORONA WARRIOR” for the outstanding contribution and service during this COVID 19. • Distribution of Computer Systems to Schools around Khe
Slide 23: Strong Corporate Governance
22 Strong Corporate Governance Man Industries follows good corporate governance to achieve long term corporate goals and enhance stakeholders values with high level of transparency, accountability and compliance with laws in all aspects of operations; thus maintaining highest level of ethical standa
Slide 24: Industry Overview
23 Industry Overview
Slide 25: Industry Outlook: Global & India
24 Industry Outlook: Global & India Global Outlook Global Construction/ Pre-Construction Pipelines (in kms) Region Proposed Under Construction Total East Asia 32,400 26,300 58,700 • The global steel pipes & tubes market size was valued at USD 90 Bn in 2021 and is South Asia 4,100 17,900 22,000 expec
Slide 26: Industry Outlook: India
25 Industry Outlook: India HSAW Market Share By Capacity LSAW Market Share By Capacity 5% 12% 13% 9% 34 38% 20% 16% 28% 25% Jindal SAW Welspun Corp Jindal SAW Welspun Corp Man Industries ESSAR Man Industries ESSAR Ratnamani Other Pipes SAW ERW Seamless Mkt Size tonnes (India) 1,000,000-2,000,000 6,0
Slide 27: Industry Outlook: ERW Pipes
26 Industry Outlook: ERW Pipes Indian ERW pipe market size is INR 320-350 Bn in 2021 and it is one of the fastest growing segments, largely drive by new-age applications in the construction sector. The oil and gas market represents a relatively smaller section of this and is largely limited to city
Slide 28: Opportunities to capture
27 Opportunities to capture Export and New Sector Opportunities • Crude around $80-$90 gives a lot of opportunities in the international market as projects which were on hold due to COVID and lower crude prices are seeing lot of traction. • As the world moves towards clean energy new opportunities i
Slide 29: Financial Overview
28 Financial Overview INVESTOR PRESENTATION
Slide 30: Historical Consolidated Financial Performance
29 Historical Consolidated Financial Performance Revenue(INR Revenue (INR Mn) Mn)&&Gross GrossMargins (%) (%) Margins Revenue EBITDA (INRMn) (INR Mn)& & Gross EBITDAMargins (%) (%) Margins Revenue (INRMn) PAT (INR Mn)& & Gross Margins (%) PAT Margins (%) 20,802 21,386 1,016 2,051 1,008 17,593 1,806
Slide 31: Historical Consolidated Income Statement
30 Historical Consolidated Income Statement Particulars (INR Mn) FY20 FY21 FY22 9M-FY23 Revenue from Operations 17,593 20,802 21,386 16,337 Operating Expenses 15,913 18,751 19,580 15,373 EBITDA 1,680 2,051 1,806 964 EBITDA Margins (%) 9.55% 9.86% 8.44% 5.90% Depreciation 523 464 454 340 Finance Cost
Slide 32: Historical Consolidated Balance Sheet
31 Historical Consolidated Balance Sheet Particulars (INR Mn) FY21 FY22 H1-FY23 Particulars (INR Mn) FY21 FY22 H1-FY23 EQUITY AND LIABILITIES ASSETS Equity Share Capital 286 296 301 Non-Current Assets Other Equity 8,063 9,126 9,123 Property, Plant and Equipment 3,264 3,120 2,940 Shareholders Fund 8,
Slide 33: Capital Market Data
32 Capital Market Data 1 Year Stock Performance (up to 31st December, 2022) 15% 10% 5% 0% -5% -10% -15% -20% -25% -30% -35% Jan-2022 Feb-2022 Mar-2022 Apr-2022 May-2022 Jun-2022 Jul-2022 Aug-2022 Sep-2022 Oct-2022 Nov-2022 Dec-2022 Man Industries Sensex Market Data (As on 31st December, 2022) Shareh
Slide 34: List of Abbreviations
33 List of Abbreviations • API - American Petroleum Institute • FBE - Fusion Bonded Epoxy Coating • DEBE - Dual Fusion Bonded Coating • CWC - Concrete Weight Coating • NDT- Non Destructive Testing • CNC - Computer Numeric Control • GMAW - Gas Metal Arc Welding • LPE - 3 Layer Polyethylene Coating •
Slide 35: Disclaimer
34 Disclaimer Man Industries Ltd. 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
Slide 36: Thank You
the line pipe people THANK YOU
Man Industries (India) — Investor Presentation (March 2023) on 6ix