Hpl Electric & Power Limited · NSE:HPL
Hpl Electric & Power — Q4 FY24 Earnings Presentation
34 slides from Hpl Electric & Power's earnings presentation, May 15, 2024
Slide 1: Regulation 30 disclosure cover letter to exchanges
15th May, 2024 The Manager, BSE Limited Listing Department, 25th Floor, New Trading Ring, National Stock Exchange of India Ltd. Rotunda Building, Phiroze “Exchange Plaza”, C-1, Block G, Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra, Dalal Street, Fort, Mumbai – 400 051 Mumbai – 400 001 Symbol: HPL
Slide 2: Results Update Q4FY24 & FY24
www.hplindia.c o m HPL ELECTRIC & POWER LIMITED Results Update Q4FY24 & FY24 www.h p lin d ia.co m Slide | 1
Slide 3: Disclaimer
Disclaimer This presentation and the following discussion may contain “forward looking statements” by HPL Electric & Power Limited (“HPL” or the Company) that are not historical in nature. These forward looking statements, which may include statements relating to future results of operations, financ
Slide 4: Discussion
Discussion Summary 01 Company Overview 02 Q4FY24 & FY24- Performance Update * 03 Business Strategy * www.hplindia.c o m Slide | 3
Slide 5: Company Overview
Slide | 4 www.hplindia.c o m 01 Company Overview
Slide 6: Trusted Electric Equipment Manufacturer
01 Trusted Electric Equipment Manufacturer www.hplindia.c o m Company Overview § ‘One-stop shop’ offering wide range of low-voltage electric products - v Metering Solutions (conventional and smart meters) Profile v Switchgears v Lighting Products § v Wires & Cables Innovative, quality and technologi
Slide 7: Wide-Ranging Product Portfolio
www.hplindia.c o m Company Overview Wide-Ranging Product Portfolio Metering Solutions Industrial Switchgears Domestic Switchgears Lighting Equipment Wires and Cables Fans Domestic Decorative Series Smart Meter Industrial Applications Applications Consumer LED Products ACB MCCB Osafe Techno Fire Resi
Slide 8: State of Art Manufacturing Facilities
www.hplindia.c o m Company Overview State of Art Manufacturing Facilities Product Segments Capacity (per annum) Electronic Meters 11 million units Lighting Equipment 26 million units Gurugram Jabli Switchgear 16 million units Facility I: Electronic Meters, R&D Center Facility I: Switchgear, Electron
Slide 9: New Product Launch
www.hplindia.c o m Company Overview New Product Launch R&D Thrust : Switchgear - Auto Calibration Continuous R&D to Launch and Market Exciting New Innovative Products Single core and multicore Zero Halogen (HFFR) insulated and HFS-TP-90 (HFFR) sheathed circular cable category 02, cable code ZZ, 1100
Slide 10: Established Pan-India Distribution Network & Brand Presence
www.hplindia.c o m Company Overview Established Pan-India Distribution Network & Brand Presence Established Pan-India Distribution Network & Brand Presence To Capture Significant Growth Potential In Electrical Equipment Industry 90+ Branch & Representative Offices Head Office Srinagar Branch Office
Slide 11: Extensive Experience, Established Relationships, Strong Credentials
www.hplindia.c o m Company Overview Extensive Experience, Established Relationships, Strong Credentials Strong execution, established relationships and strong pre-qualification credentials make HPL a preferred supplier of specialised electrical equipment Extensive Experience Established Relationship
Slide 12: Performance Update
02 Q4FY24 & FY24 www.hplindia.c o m Performance Update Slide | 11
Slide 13: Salient Highlights
Performance Update www.hplindia.c o m Q4FY24 & FY24 Salient Highlights Ø The Company registered revenue growth with an increase by 17% YoY reaching 424.09 Crores in Q4FY24 up from 362.75 Crores in Q4FY23 with 15.74% YoY reaching 1460.86 Crores in FY24 up from 1262.21 Crores in FY23. Ø Metering, Syst
Slide 14: YoY Performance Analysis
Performance Update www.hplindia.c o m Q4FY24 & FY24: YoY Performance Analysis Net Revenues & Gross Margin (%) EBITDA & EBITDA Margin % PAT & PAT Margin (%) Q4 FY24 (in ₹ crore) 32.3% 34.3% EBITDA Margin 3.11% 3.23% Gross Margin 12.3% 13.0% Net Revenue PAT Margin EBITDA 55 13.7 424 45 11.3 363 PAT Q4
Slide 15: Q4FY24 YoY Segment Analysis
www.hplindia.c o m Performance Update Q4FY24 : YoY Segment Analysis (in ₹ crore) Segment Net Revenue & EBIT Margin 424 363 168 171 % EBIT Margin Q4 FY23 Q4 FY24 256 14.09% 14.16% 192 n Metering, Systems & Services n Consumer, Industrial & Services 11.93% 10.82% Q4 FY23 Q4 FY24 Segment Revenue Share
Slide 16: FY24 YoY Segment Analysis
www.hplindia.c o m Performance Update FY24 : YoY Segment Analysis (in ₹ crore) Segment Net Revenue & EBIT Margin 1461 1262 608 % EBIT Margin FY23 FY24 592 853 n Metering, Systems & Services 13.62% 14.64% 670 n Consumer, Industrial & Services 11.83% 11.37% FY23 FY24 Segment Revenue Share % 42% n Mete
Slide 17: Company Performance Analysis
Performance Update www.hplindia.c o m Q4FY24 & FY24: Company Performance Analysis • The Company registered a robust performance YoY with revenue growth of 17% in Q4 FY24 to ₹ 424 crore as compared to ₹ 363 crore in Q4 FY23. • The Company has delivered revenue growth of 15.74% YoY in FY24 at ₹ 1460.8
Slide 18: Update & Business Outlook
Q4FY24 & FY24 Performance Update www.hplindia.c o m Update & Business Outlook • The company is holding a strong and stable order book and executing the current order on a • Smart Meters are the next game changer in the growth- fast-track mode to maintain a healthy execution of the current pipeline.
Slide 19: Consolidated Profit & Loss Statement
www.hplindia.c o m Performance Update Q4FY24 & FY24 Consolidated Profit & Loss Statement Particulars (In ₹ Crore) Q4 FY24 Q4 FY23 YoY% FY24 FY23 YoY% Revenue from Operations 424.09 362.75 17% 1,460.86 1,262.21 15.74% COGS 278.72 245.58 13.49% 960.76 841.75 14.40% Gross Profit 145.37 117.17 24.07% 50
Slide 20: FY24 Consolidated Balance Sheet Statement
www.hplindia.c o m Performance Update FY24 Consolidated Balance Sheet Statement Equity And Liabilities Assets FY24 FY23 FY24 FY23 (In ₹ Crore) (In ₹ Crore) Shareholder's Fund 830.11 795.35 Non-Current Assets 490.21 497.47 Equity Share Capital 64.30 64.30 Property, plant and equipment 457.43 449.88 O
Slide 21: Marketing Campaigns – Social Media Presence
Q4FY24 & FY24 Performance Update “Garnered Reach of Over 20 Million” www.hplindia.c o m Marketing Campaigns – Amplified our Brand Presence Through Social Media Handles Amplifying Our “Social Media” Presence Conducted as well as Sponsored various Industrial Webinars and Virtual Exhibitions Slide | 20
Slide 22: Events & Exhibitions
Q4FY24 & FY24 Performance Update www.hplindia.c o m Events & Exhibitions Participated in “Distribulec Exhibition”- Mumbai (16th -18th Jan, 2024) Slide | 21
Slide 23: Retailer / Contractors Meets
Q4FY24 & FY24 Performance Update www.hplindia.c o m Retailer / Contractors Meets Retailer Meet - Ahmedabad Contractor / Electrician Meet - Sangli Barmer Electricity Fair in - Rajasthan Slide | 22
Slide 24: Retailer Meets
Q4FY24 & FY24 Performance Update www.hplindia.c o m Retailer Meets 01 02 03 Retailer Meet, Meerut Contractor / Electrician Meet, Goa Electrician Meet, Nagpur 04 05 06 Electrician Meet, Dehradun Electrician Meet, West Bengal Electrician Meet, Haryana Slide | 23
Slide 25: International Customer Visits
Q4FY24 & FY24 Performance Update www.hplindia.c o m International Customer Visits Dubai Customer Slide | 24
Slide 26: Further Growing our Brand Presence
Q4FY24 & FY24 Performance Update www.hplindia.c o m Further Growing our Brand Presence Official Partner with Haryana Steelers for Pro Kabaddi League Season 7 From 2nd Dec 2023 to 1st March 2024 Slide | 25
Slide 27: Spreading our Brand Presence
Q4FY24 & FY24 Performance Update www.hplindia.c o m Spreading our Brand Presence Sponsored – Divisional Sports Competition – Nagpur 4th Jan 2024 Slide | 26
Slide 28: Business Strategy
Slide | 27 www.hplindia.c o m 03 Business Strategy
Slide 29: Future Business Strategy for Value Creation
www.hplindia.c o m Business Strategy Future Business Strategy for Value Creation • Commands a ‘market share of ~20%’ in the domestic meters market with an ‘installed Leading Electric Meter Manufacturer capacity of 1.1 crore meters per year’ Fully Geared To Meet • Well Positioned to Capitalize on the
Slide 30: Smart Meters – Gamechanging Initiative With Enormous Potential
www.hplindia.c o m Business Strategy Smart Meters – “Gamechanging Initative” With Enormous Potential • What is the opportunity size? Smart Meter Suppliers v Meters with embedded software to enable automation and communication v Ministry of Power plans to install 25 to 30 crore smart meters across In
Slide 31: Smart Meters – An Industry Leader with Cutting-edge Innovation
Business Strategy www.hplindia.c o m Smart Meters – “An Industry leader with Cutting-edge innovation” Capacity Expansion in Metering plant, Gurgaon • What sets HPL’s smart meters apart? v HPL’s meters have embedded software to enable automation, data collection, and customization equipped with Wirep
Slide 32: Transformative Potential of 5G; HPL's Competitive Edge
www.hplindia.c o m Fuelling Innovation Across Industries: The “Transformative Potential” of 5G HPL’s Competitive Edge Extensive • Leadership in smart metering and power Expertise & solutions, HPL Electric & Power Ltd. bringing Product Portfolio a wealth of experience to the 5G market Government Su
Slide 33: Focus on Driving Healthy Growth in the Consumer Business
www.hplindia.c o m Business Strategy Focus on Driving Healthy Growth in The ‘Consumer’ Business • ‘Consumer’ segment includes Non-utility Metering, Switchgear, Lighting, and Wires & Cables. • HPL is looking to drive healthy growth in this business by using a 3-pronged approach 1. Enhancing distribut
Slide 34: Thank You
Thank You www. hp l ind ia. co m Mr. Gautam Seth Joint Managing Director & CFO Email: gautamseth@hplindia.com v Ms. Shankhini Saha Email: hpl@dickensonworld.com