Bharat Wire Ropes Ltd. · NSE:BHARATWIRE
Bharat Wire Ropes — Investor Presentation (November 2024)
28 slides from Bharat Wire Ropes's investor presentation, Nov 29, 2024
Slide 1: Regulation 30 Investor Presentation cover letter to exchanges
Ref.: BWRL/2024-25/SE/Misc./20 Date: 29th November, 2024 To, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400 051. Mumbai – 400 001. NSE Symbol: BHARATWIRE BSE Scrip Code: 539799 De
Slide 2: Investor Presentation – November 2024
Investor Presentation – November 2024 Bharat Wire Ropes Ltd. “Engineering Excellence”
Slide 3: Company Snapshot
Company Snapshot One of the largest manufacturer of Manufacturing capability of Steel Wires, Steel Wire Ropes in India Strands, Slings and Wire Ropes with over thousands of varieties Management with combined Integrated state-of-the-art wire rope plants experience of over three decades with a Total M
Slide 4: Company Overview
Company Overview
Slide 5: Company Overview
Company Overview • Bharat Wire Ropes Limited (“BWR”) was originally incorporated in the year 1986, and later in 2010, it Revenues (INR Mn) and EBITDA Margins (%) was acquired by Mr. M L Mittal, current promoter and managing director. The company is headquartered in Mumbai, Maharashtra. 6,218 5,891 •
Slide 6: Board of Directors
Board of Directors Mr. Sanjiv Swarup Mr. Murarilal Ramsukh Mittal Mr. Mayank Mittal (Chairman & Non-Executive Independent Director): (Managing Director): (Joint Managing Director): He holds a degree in Bachelor of Commerce from the He was instrumental in acquiring our Company from the He holds a deg
Slide 7: Key Management Personnel
Key Management Personnel Mr. Mahender Singh Arora (CEO): He possesses an overall industry experience of 27 years. He holds a degree in Bachelors of Engineering from NIT, Bhopal, and has held executive positions with leading multinational companies spread over diverse sectors. He has been instrumenta
Slide 8: Key Milestones
Key Milestones Equity of INR 10 crores raised from Passionate 2021, debt restructuring Commencement of Investment Management completed the manufacturing Raised INR 70 April 2022, credit rating from Pvt. Ltd. backed by facility at Atgaon, crores through CARE upgraded to Raamdeo Agarawal and Thane, Mu
Slide 9: Product Presence in 55+ countries across the Globe
Product Presence in 55+ countries across the Globe Europe Finland Denmark Estonia Canada Poland UK Germany Ukraine Netherland Belgium Bulgaria North America Italy USA Turkey Azerbaijan Spain Nepal Kuwait Egypt Qatar Bangladesh Saudi UAE Asia Oman India Thailand Arabia Africa Singapore Uganda Indones
Slide 10: Awards, Approvals, Accreditations and Certifications
Awards, Approvals, Accreditations and Certifications British Standard TUV (Quality SUD (Quality ISO 9001:2015 Institute and ANSI Management) Management) – ASQ National Accreditation Board EepcIndia 51st Export Awards Excellent Export performance Highest growth in Exports (2019) ISO 14001:2015 ISO 45
Slide 11: Business Overview
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Slide 12: Product Mix
Product Mix Wire Ropes Strands Slings Steel Wire 6-100 MM of various Mechanically Spliced, Hand High carbon steel wires Description Stay Wire, Structural ranging from 0.3mm to 5.5 construction like 6*19, Spliced, Spelter Sockets and 6*36, 8*19, 35*7 etc. Strands and Earth Wire mm upto 2,360 N/mm^2 S
Slide 13: Applications
Applications Oil & Gas Cranes Mining Offshore Marine Elevator Structural Ship Mooring Roof Structure Ropes Industrial Cranes Speed Arresters Transmission Tower Industrial Cranes Offshore Cranes Suspension Bridge Ropes Elevator Ropes Dragline Drag & Hoist Trawl Warps Mobile Lattice Boom Cranes 12
Slide 14: Manufacturing Facility – Chalisgaon, Maharashtra
Manufacturing Facility – Chalisgaon, Maharashtra Commercialized in 2018 for an initial investment of approx. INR 5,500 Mn The highest tensile range covered is 2,360 N/mm^2 The patenting and Galvanizing furnace is a state-of-art 66,000 MTPA installed capacity facility covering a range of 0.90mm-12.0m
Slide 15: Products
Products Wire Ropes • A wire rope is a mechanical device made up of parts that work together to move, support a load and/or an object. • BWR is one of the largest manufacturers & exporter of high-quality wire ropes, that continues to create discernible value for Indian & Global clientele. • Steel Wi
Slide 16: Products
Products Strands • Strands can be galvanized steel wire strands, finding varied applications in the electrical industry in the form of stay wires; they also come in highly durable, pre- stretched varieties that are used for building small and large structures. • Earth Wires are a type of strand that
Slide 17: Strategic Overview
Strategic Overview
Slide 18: Strategic Overview
Strategic Overview Catering to a wider customer base on account of its diversified product offering 4 Industrial Promotion Subsidy equivalent to 100% of eligible Efforts been made to focus on productivity and occupy the investments as per SGST for a maximum of INR 4,350 Mn, of maximum number of mach
Slide 19: Key Drivers for Bottomline
Key Drivers for Bottomline Optimization Of Focus on Value Major Costs Added products Reduction in Debt, Interest & Debottlenecking Improved Capacities Liquidity Wider Improved geographical acceptability of penetration BWR products 18
Slide 20: Industry Overview
Industry Overview
Slide 21: Industry Overview
Industry Overview • The Global steel wire rope market size is projected to reach USD 13.59 bn by 2031 from USD 9.54 bn in 2023. The market is expected to register a CAGR of 4.5% during 2023–2031. The building and construction segment held the largest share of the global steel wire rope market in 202
Slide 22: Financial Overview
Financial Overview
Slide 23: Historical Income Statement
Historical Income Statement Particulars (INR Mn) H1-FY25 FY24 FY23 FY22 Revenue from Operations 2,857 6,218 5,891 4,107 Total Expenses 2,194 4,577 4,503 3,486 EBIDTA 663 1,641 1,388 621 EBIDTA Margins (%) 23.21% 26.39% 23.56% 15.12% Depreciation and amortisation expenses 108 212 207 214 Finance cost
Slide 24: Historical Balance Sheet
Historical Balance Sheet Particulars (INR Mn) H1-FY25 FY24 FY23 Particulars (INR Mn) H1-FY25 FY24 FY23 Equity 7,002 6,606 5,602 Non-Current Assets 4,933 4,842 5,069 (a) Equity Share Capital 684 680 679 (a) Property, Plant and Equipment 4,746 4,750 4,809 (b) Other Equity 6,318 5,926 4,923 (b) Capital
Slide 25: Financial Highlights
Financial Highlights Operational Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margins (%) 962 6,218 1,641 5,891 1,388 4,107 622 15.47% 12.92% 2,857 10.56% 621 23.56% 26.39% 663 369 15.12% 23.21% 137 3.34% FY22 FY23 FY24 H1-FY25 FY22 FY23 FY24 H1-FY25 FY22 FY23 FY24 H1-FY25
Slide 26: Capital Market Data
Capital Market Data Stock Price (As on 30th September, 2024) 60% BWR SENSEX 50% 40% 30% 20% 10% 0% -10% -20% Oct/2023 Nov/2023 Dec/2023 Jan/2024 Feb/2024 Mar/2024 Apr/2024 May/2024 Jun/2024 Jul/2024 Aug/2024 Sep/2024 Price Data (As on 30th September, 2024) INR Shareholding Pattern (As on 30th Septem
Slide 27: Disclaimer
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 all events not current after the d
Slide 28: Thank You
Thank You
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