Slide 1: Exchange filing cover letter
August 14, 2021 To, To, The Manager (Listing) The Manager (Listing) BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai - 400 051 Scrip Code: 533581 Scrip Symbol: PGEL By means of
Slide 2: PG Electroplast Company Update 1Q FY2022
PG Electroplast Company Update 1Q FY2022, August 2021 1
Slide 3: Disclaimer
Disclaimer This presentation has been prepared for informational purposes only. This Presentation does not constitute a prospectus, Offering circular or offering memorandum and is not an offer or initiation to buy or sell any securities, nor shall part or all of this presentation from the basis of,
Slide 4: Agenda
Introduction Quarterly Financials Agenda Quarterly - Key Metrics Strategy & Outlook Historical Financials 3
Slide 5: About PG Electroplast Limited
▪ PG Electroplast Limited (PGEL) is the flagship company of PG Group. While the PG Group had started its journey in 1977, PG Electroplast was formally set up in 2003 and is a leading, diversified Indian Electronic Manufacturing Services provider. ▪ PGEL specializes in Original Design Manufacturing (
Slide 6: Our Journey
AC Outdoor Unit Assembly capabilities developed. Developed and launched ODM platform for Fully Automatic Washing Machines. Developed and launched ODM platform for Air Coolers. Our 2021 Journey 5
Slide 7: Industries Served
Industries Served Air Washing LED Air Automotive Bathroom Consumer Conditioners Machines Televisions Coolers Components Fittings Electronics 6
Slide 8: Key Financials
• The Company has grown ~2.7 times in five years from a revenue of INR 263 crores in 2015-16, to INR 706 crores in 2020-2021 at a 22% CAGR with the EBITDA Key Financials increasing at a 20% CAGR. • Over the past five years, the company has done a cumulative Capital Expenditure of close to INR 220 Cr
Slide 9: Key Clients
Key Clients Flipkart Gg = fy | Haier | © Honeywell HAVELLS JABIL JOQUOP jconiZntor KOHLER. LAVA @ LG e Lumax* motherson atl ONIDA orien t Panasonic Refiancecigital Salcomp £/SANSU| SMS’ see OO MEINE = Whirlpool VOLTAS rier ) Odea Crompton
Slide 10: Agenda
Introduction Quarterly Financials Agenda Quarterly - Key Metrics Strategy & Outlook Historical Financials 9
Slide 11: 1QFY2022 Profit & Loss Highlights
• Reasonable Quarterly margins, despite Covid-19 lead shutdown during 1QFY2022 Profit the quarter. • Cost & overhead controls counter the to negative operating leverage. & Loss Highlights • The Orderbook for product business is promising for the year and company remains optimistic on the outlook. (F
Slide 12: 12M 2021 Balance sheet
12M 2021 Balance sheet As on As on As on As on A. EQUITY AND LIABILITIES B. ASSETS 30.06.2021 31.03.2021 30.06.2021 31.03.2021 (a) Share capital 196.9 196.9 (a) Fixed assets 2729.3 2725.8 (b) Reserves and surplus 2136.2 1,727.8 (b) Capital Work in Progress 68.7 65.6 Sub-Total - Shareholders' Funds 2
Slide 13: Agenda
Introduction Quarterly Financials Agenda Quarterly - Key Metrics Strategy & Outlook Historical Financials 12
Slide 14: Financial Metrics
• EBITDA margins are largely stable due strict cost and overhead control Financial despite negative operating leverage. Metrics • Working capital remained at normalized levels despite disruption . • Revenue growth outlook is improving, while margin outlook is stable. FY2021 FY2021 FY2022 FY2021 Key
Slide 15: Business Breakup
• Washing Machine and AC IDU Business has seen robust growth on a low base, and company is making further investments in the washing Business machine and AC platforms. • Products business remains the focus area and growth driver for the Breakup company. • For FY2022 company is making significant CAP
Slide 16: Major Highlights of 3M 1QFY22
• Company has been able to strengthen its balance sheet by completing its Equity raise program. • Due to COVID-19 mandated shutdowns, plants were shutdown for end April and full May Major 2021. The production was only partially restored in June’20. Production loss for the quarter has been significan
Slide 17: Agenda
Introduction Quarterly Financials Agenda Quarterly - Key Metrics Strategy & Outlook Historical Financials 16
Slide 18: Industry Outlook
Industry Outlook The Rapid rate of urbanization, Low penetration levels, falling Government reforms such as growth of young population with prices of durables and electronics Digital India, Make in India, Power rising income levels is leading to and changing lifestyle of the for all and Jan Dhan-Aad
Slide 19: Future Growth Strategy: Opportunities & Challenges
Future Growth Strategy • Washing Machines Company foresees large • Room Air conditioner opportunities in plastic • Refrigerators moulding in consumer durables in appliances like: • Ceiling Fans • Sanitaryware products • Air coolers Opportunities in the ODM • Washing machines space for products like:
Slide 20: Future Outlook
Gradual improvement in margins due to better operational efficiencies and Future Outlook higher operating leverage Improving • Product business to drive profitability and growth for the company higher cash- flows, will lead to better capital • Company is developing new efficiency and stronger balanc
Slide 21: Agenda
Introduction Quarterly Financials Agenda Quarterly - Key Metrics Strategy & Outlook Historical Financials 20
Slide 22: Profit & Loss Statement
Profit & Loss Statement Figures in INR Millions Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Net Sales 2,603 3,664 3,994 5,084 6,394 7032 Growth (%) 9.0% 40.8% 9.0% 27.3% 25.8% 10.0% Expenditure 2.422 3,456 3,749 4,777 5,993 6534 Increase/Decrease in Stock (48) 19 (109) (41) (70) 32 Raw Material Consum
Slide 23: Balance Sheet
Balance Sheet A. EQUITY AND March 16 March 17 March 18 March 19 March 20 March 21 B. ASSETS March 16 March 17 March 18 March 19 March 20 March 21 LIABILITIES (a) Share capital 164 164 164 187 195 197 (a) Fixed assets 1456 1620 1785 1921 2532 2726 (b) Reserves and surplus 1,032 1,068 1,144 1,504 1,56
Slide 24: Thank You for Your Time and Consideration!
Thank You for Your Time and Consideration! 23