Jyoti Cnc Automation Limited · NSE:JYOTICNC
Jyoti Cnc Automation — Q3 FY2024 Earnings Presentation
28 slides from Jyoti Cnc Automation's earnings presentation, February 2024
Slide 1: Investor presentation filing letter to NSE
JYOTI INC AUTOMATIOI! LIIIITED JYOTT E.mri i do@lFr.o.h w6b d.6.h The Depanrn.nt olcorDo6te seri€, The Ustjng cobpllanc€ Dept N.non l stock Excb.rae ofhdla t td, Mmb.l NsE script Synbol lYoTIcNc SUB: IIWESTOR Pf,f,SENTATION fOR TIiE QUARTER AND NINB MONTIIS ENDBD Ol{ DECEUBER 311023. In condbnatjon
Slide 2: Update on earnings for Q3 and 9MFY24
Update on earnings for Q3 and 9MFY24
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Jyoti CNC Automation Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any
Slide 4: Q3 and 9MFY24 Financials and Business Developments
Q3 and 9MFY24 Financials and Business Developments
Slide 5: Financial Performance - Quarterly
Financial Performance - Quarterly Revenues from Operations (₹ mn) EBITDA (₹ mn) and margins PBT/ PAT (₹ mn) +58.2% PBT (INR Mn) PAT (INR Mn) EBITDA (INR mn) EBITDA Margin % +25.0% 4,000.0 672 3,779 25.5% 3,500.0 1,200.00 800.00 480 3,000.0 1,000.00 600.00 3,023 2,500.0 800.00 18.0% 230 400.00 2,388
Slide 6: Order Book – continues to provide visibility of future growth
Order Book – continues to provide visibility of future growth Order Book movement during the Quarter Robust order book across large spectrum of end-user industries 35,000.0 6% 12% 30,000.0 25,000.0 8% 20,000.0 5% INR 32,424 Mn* 33,153 32,424 15,000.0 14% 10,000.0 55% 3,494 2,765 5,000.0 - OB at at S
Slide 7: Financial Performance – Annual/ YTD
9,292.6 7,464.9 5,800.6 Financial Performance – Annual/ YTD Total Revenues from Operations (₹ mn) Operating EBITDA (₹ mn) and margins** PBT/ PAT (₹ mn) Inside India Outside India Operating EBITDA (INR mn) Margin % PBT (INR Mn) PAT (INR Mn) 18.8% 1000 9,292.6 8,883.3 1,800.00 800 10,000.00 1,600.00 7
Slide 8: Business Update
Business Update Revenues and business visibility: a. EMS segment: ➔ Revenues from EMS segment in Q3 was INR ~48crs which is ~12.5% of our overall Revenues. ➔ Received sample orders from 2 new customers in EMS segment. ➔ Working on New Product Development to cater to new lines of business within the
Slide 9: Business Update
Business Update Revenues and business visibility: C. Other segments: ➔ Demand continues to be strong in Automobile, General Engineering, Die Mould, Infrastructure and Railway segments. ➔ Capacity and delivery related challenges continue to guide our new order bookings. Capacity Addition: ➔ In-line w
Slide 10: Statement of Profit and Loss (Quarterly)
Statement of Profit and Loss (Quarterly) Particulars (₹ mn) Q3FY24 Q2FY24 Q-o-Q % Q3FY24 Y-o-Y % Income Revenue from operations 3,779.2 3,022.8 25.0% 2,388.4 58.2% Other income 31.0 13.2 134.7% 26.4 17.2% Total income (I) 3,810.2 3,036.0 25.5% 2,414.9 57.8% Expenses Cost of materials consumed + Chan
Slide 11: Statement of Profit and Loss (Annual/ nine-month period)
Statement of Profit and Loss (Annual/ nine-month period) Particulars (₹ mn) 9MFY24 FY23* FY22* FY21* Income Revenue from operations 8,883.3 9,292.6 7,464.9 5,800.6 Other income 34.9 233.4 35.7 100.3 Total income (I) 8,918.3 9,526.0 7,500.6 5,900.9 Cost of materials consumed + Changes in inventories
Slide 12: Balance Sheet - Snapshot
Balance Sheet - Snapshot Particulars (₹ mn) H1FY24 FY23* FY22* FY21* Particulars (₹ mn) H1FY24 FY23* FY22* FY21* ASSETS EQUITY & LIABILITIES Property, Plant and Equipment 2,829.37 2,689.02 2,745.55 2,991.55 Equity Share Capital 391.51 329.29 294.79 294.79 Capital work-in-progress 150.30 82.79 8.97 5
Slide 13: Company Overview
Company Overview
Slide 14: Jyoti CNC | 12th largest manufacturer of CNC machines globally
Jyoti CNC | 12th largest manufacturer of CNC machines globally & one of the largest manufacturer of CNC machines in India** Over 2 decades Fully integrated Supplier of a diverse Huron Awarded Of presence in manufacturing Manufacturing operations in portfolio Graffenstaden SAS Best Metal Cutting Bran
Slide 15: Key Milestones
Key Milestones FY 2022 ● Developed VST 160 with integrated auto loading and unloading system to cater Electric Vehicles FY 2019 FY 2024 ● Launched an Artificial Intelligence (A.I) system named ‘Preci Protect’ which is used as collision prevention technology, which senses the ● Consolidated order boo
Slide 16: One of the leading CNC machine manufacturing companies globally as well as in India
One of the leading CNC machine manufacturing companies globally as well as in India… 12th Largest manufacturer of CNC machines globally* >30,000 machines supplied globally since April 1, 2004 >8,400 machines to >3,500 customers in India and across Asia (excluding India), Europe, North America and re
Slide 17: Presence across the CNC metal cutting machinery value chain
…with presence across the CNC metal cutting machinery value chain Jyoti has a strong presence across the CNC metal cutting product range – offering customers a choice of 200 variants in 44 series CNC Turning Centers and CNC Turn Mill Center CNC Vertical Machining Center CNC Horizontal Machine Center
Slide 18: Well diversified customer base spread across end-user industries
Well diversified customer base spread across end-user industries Prominent Customers Well diversified across various End user Industries 9M FY24 Revenue from Sale of Machines (INR Mn) 19% ISRO Brahmos Uniparts Jyoti CNC has recently forayed into supplying products for 6% companies in EMS industry 29
Slide 19: Acquisition of Huron enriched Jyoti CNC technology leadership
Acquisition of Huron enriched Jyoti CNC to become one of the most sophisticated technology leaders across the globe* • Huron is considered a pioneer of 5-axis machining technology globally* In November 2007, Jyoti • Acquisition of Huron was undertaken to broaden Jyoti CNC’s range of operations CNC a
Slide 20: Global Customer Base
Global Customer Base Jyoti CNC has supplied 9,300+ machines to 4,500+ customers in India and 16 other countries across the globe in the past 3.5 years 9M FY24 Revenue from sale of machinery (INR Mn) 2% Canada Germany France Switzerland 37% Italy Portugal Turkey USA China INR 7,962.0mn Iran Saudi Ara
Slide 21: Jyoti CNC operates out of 3 manufacturing facilities
Jyoti CNC operates out of 3 manufacturing facilities which are equipped with capabilities to design, develop and manufacture its product portfolio Jyoti CNC operates out of 3 manufacturing facilities – 2 in Rajkot, Gujarat and 1 in Strasbourg, France 237,408.50 sq. meters of industrial land in India
Slide 22: Vertically integrated operations enabling customisation and production efficiencies
Vertically integrated operations which enables customisation and production efficiencies Foundry, Rajkot Machine Shop Building, Rajkot Sheet Metal Unit, Rajkot Paint Shop, Rajkot ● Capacity of 1,500 metric tons per ● Equipped with universal machining centres, ● Has machines with laser cutting ● Full
Slide 23: Focus on technology and innovative solutions with dedicated R&D facilities
Focus on technology and ability to deliver innovative solutions bolstered by dedicated R&D facilities Jyoti CNC’s R&D team focuses on continually developing and customizing products and solutions A diverse portfolio of CNC machines in India with over 200 variants across 44 series Dedicated R&D facil
Slide 24: Sales & Marketing
Sales & Marketing Sales & Marketing strategy primarily focused on customer engagement along with seeking to establish new relationships with customers 29 sales and service centers spread across 12 states in India* Jyoti CNC’s Sales & Distribution 2 distributors / dealers in India and 11 distributors
Slide 25: Experienced Promoters and board of directors
Experienced Promoters and board of directors… Parakramsinh Ghanshyamsinh Jadeja - Promoter, Chairman & Managing Director ● He has been associated with Jyoti Enterprise as a partner since 1989 ● He is also a director on the board of Indian Machine Tool Manufacturers Association and Neo Rajkot Foundat
Slide 26: Supported by a strong management and execution team
…supported by a strong management and execution team Kamlesh Sureshbhai Solanki – Chief Financial Officer Vikas Raj Taneja – President - Marketing • He joined the Company in March 1, 2004 as Manager - Finance and was • He has been associated with the Company since December 1, 2008 appointed as Chief
Slide 27: Awards
Awards Recognized as ‘Best Brand in the Metal Cutting Industry’ by Economic Times for 5 consecutive years from 2018 to 2022 Year Awards Received a recognition for ‘Non- IT Fraternity Digital Change Maker’ and ‘Stalwart Torch Bearer and Doyen of Futuristic 2022 ‘Best Innovative Product Digitalization
Slide 28: Thank You!
Thank You! EE, JjyoTmi Gi) )) HURON
Jyoti CNC Automation — Q3 FY2024 Earnings Presentation on 6ix