Cords Cable Industries Limited · NSE:CORDSCABLE
Cords Cable Industries — Q1 FY2019 Earnings Presentation
31 slides from Cords Cable Industries's earnings presentation, Aug 21, 2018
Slide 1: Cords Cable Industries Ltd. exchange filing cover letter
CORDS" CORDS CABLE INDUSTRIES LTD. Date: 21.08.2018 REGD. OFFICE : 94, 1st Floor, Shambhu Dayal Bagh Marg, Near Okhia Industrial Area Phase-lll, Old Ishwar Nagar, New Delhi - 110020 Tel ; +94-11-40551200 ; Fax : +91-11-40551281 Website : www.cordscable.com ; Email: ccil @cordscable.com GIN : L74999D
Slide 2: Investor Presentation – August 2018
Investor Presentation – August 2018
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Cords Cable Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for a
Slide 4: A Specialized Control and Instrumentation Cable Company
A Specialized Control and Instrumentation Cable Company 95% of our orders are based on customer specifications 86% of our cables constitute Instrumentation & Control Cables and 14% is Power Cables Long standing customer We have approvals from large public relationships of over 20 years sector as wel
Slide 5: Wide Range of Products to Multiple Industries
… offering Wide Range of Products to Multiple Industries Instrumentation Cables Thermocouple Cables Control Cables LV Power Cables 4
Slide 6: A Diverse Portfolio of Products
… with a Diverse Portfolio of Products Catering to the New Age Demand Thermocouple Cables Control & Electrical Wiring Cables Instrumentation, Signal and Data Cables Application: Application: Application: Control Cables: Used in interconnection of process Used in data acquisition systems, compute
Slide 7: Constant Innovation
… bringing Constant Innovation Special cables Low Temperature Low smoke zero Eurobaslise Cables Fire retardant Halogen Cables Railway Safety Low smoke Cables EPR Oil & Gas Cables Fire Survival Cables Railway Jelly Cables Cables field Quad PV Cables Solar Cables Silicone Rubber Cables Fieldbus Cables
Slide 8: Focus on Quality
… with Focus on Quality Consistent Quality check at every stage Quality Test Labs Customer Interface Garnered a name for Product Design Customer service Choice of Vendors Timely deliveries Manufacturing Process Efficient order execution Human Resource Development Customer service 95% all Products as
Slide 9: Experienced Management Team
… Experienced Management Team Naveen Sawhney Chairman & MD A Mechanical Engineer and a PG Diploma in Marketing Management. Has an experience of over 45 years in the Cables Industry. His Vast experience, long-term vision, entrepreneurial abilities & strategic planning have led the Company towards gro
Slide 10: Strong Core Values
… with Strong Core Values Honour Commitments Consistently maintain High Quality Strive for long-term relations and partnerships with customers, vendors and business associates Focus on product-development based on ever-changing needs of our customers Ensure Dignity of Labour Advancement in Technolog
Slide 11: Long Term Customer Relationship
… Long Term Customer Relationship Domestic International Over 20 years of Relationship 10
Slide 12: State of the Art Manufacturing Facilities
… State of the Art Manufacturing Facilities Chopanki Unit Chopanki & Kahrani Capacity of 30,000 Kms Manufactures LV Power, Instrumentation, Control & Speciality cables Rajasthan Kahrani Unit Capacity of 35,000 Kms Manufactures Control, Instrumentation, Fieldbus, PV Solar, EPR Insulated & oth
Slide 13: Certifications & Client Approvals
… Certifications & Client Approvals Manufacture cables conforming Type Tested by Major Approvals to International standards such as: EN, BS, IEC, VDE Hold BIS certification for all types of cables conforming to IS:1554(1)/1988 and IS:694-90 Quality Management System is ISO 9001:2008 Certified
Slide 14: Awards & Recognitions
… Awards & Recognitions Forbes Best Under a $ Billion – 2008 International Quality Crown Award – 2011 Ratna Shiromani Award International Business Times 1000 Fastest Growing Companies – 2012 13
Slide 15: We are Future Ready
We are Future Ready 14
Slide 16: Key beneficiary of Modernisation and Upgradation of India
Key beneficiary of Modernisation and Upgradation of India Backbone to Key Industries driving India’s Future… Renewable Power Freight Corridor Oil & Gas FMCG Smart Cities Ferrous & non Ferrous Metals Transmission & Distribution Metro Rail Refineries Chemicals Cement LPG Bottling Nuclear & Thermal Pow
Slide 17: Multiple Growth Drivers across Sectors
… with Multiple Growth Drivers across Sectors Railways • Railways to make investment of over Rs. 8 lakh core over the period of 2015-2020 • Huge amount to be spent for Network Decongestion & Expansion + National Projects + Safety + High Speed Rail & Elevated corridor + High Speed Rail & Elevated cor
Slide 18: Dominance to grow beyond the Industry
… Dominance to grow beyond the Industry Indian Wire & Cables industry Sectors Driving Increase in Demand 644 568 502 392 443 Freight Corridor Projects Metro Rail Projects FY16 FY17E FY18E FY19E FY20E Rs. Bn. Smart Cities Speciality Cables at the cusp of growth Boost to Infrastructure Market
Slide 19: Dominance to grow beyond the Industry
… Dominance to grow beyond the Industry Indian Wire & Cables industry Sectors Driving Increase in Demand 686 518 596 Hydrocarbon Sector 451 392 Freight Corridor Projects FY16 FY17 FY18E FY19E FY20E Rs. Bn. Metro Rail Projects Speciality Cables at the cusp of growth Smart Cities 31% 35% Boo
Slide 20: Supported by Technologically Advanced Facilities
Supported by Technologically Advanced Facilities Chopanki Unit Kahrani Unit 19
Slide 21: Capabilities to Double the Production
With the Capabilities to Double the Production Key initiatives leading to strong With Cords leadership in Cable Space Industrial growth Low Investment for growth Emphasis on Quality Valued long term Client Relationships Current Capacity – 65,000 Kms p.a. Indian Wire & Cables industry Diverse Portfol
Slide 22: Increasing Focus on Sunrise Sectors
Increasing Focus on Sunrise Sectors Percentage Contribution to Revenues Metros & Freight Corridors Hydrocarbons Power Sector 8% 36% 40% 7% 36% 29% 28% 18% 3% 2% 9% 6% FY15 FY16 FY17 FY18 FY15 FY16 FY17 FY18 FY15 FY16 FY17 FY18 Order Book Break-up 1% 1% Hydrocarbons Total Order book of ~Rs. 146 Crore
Slide 23: Orders
Few Major Order wins during the quarter 3 bulk contracts from Bulk order amounting to Hydrocarbons sector Rs. 47.2 Crores • For supply of Fire Resistant Signal, Conventional Type • For supply of Signal Cables instrumentation and Power including Fire Resistant - Gas Cables Detector Signal Cables, Ala
Slide 24: New Global Level Approvals from clients
New Global Level Approvals from clients Increased Business Opportunities Approval from Gulf Oil Major Approval from Samsung Engineering Co. Ltd. Registered & Prequalified with Arabian Gulf based Registered as a Prequalified supplier for their oil major International orders Approval expected to
Slide 25: Financial Highlights
Financial Highlights 24
Slide 26: Net Debt to Equity of 0.39 x
Net Debt to Equity of 0.39 x Total Debt Structure as of Q1FY19 Q1FY19 Finance Cost Break up Rs. Crs. 1.5 5.7 1.2 23% 1.0 0.5 77% 1.5 Cash Interest on Suppliers ^ Bank Discounting Total Credit Term Loan Interest Charges & Term Loans Working Capital Loans Interest Factorinig* ^ Bank Charges are inclus
Slide 27: Q1 FY19 Financial Highlights
Q1 FY19 Financial Highlights Revenue (Rs. Crs.) EBITDA (Rs. Crs.) 14% 8% 91.60 8.60 8.00 80.30 Q1 FY18 Q1 FY19 Q1 FY18 Q1 FY19 PAT (Rs. Crs.) PAT Margin % 27% 1.40 1.5 1.3 1.10 Q1 FY18 Q1 FY19 Q1 FY18 Q1 FY19 26
Slide 28: Profit & Loss Statement as per Ind AS
Profit & Loss Statement as per Ind AS Particulars (Rs. Crs.) Q1 FY19 Q1 FY18 YoY FY18 Revenue 91.6 80.3 14.2% 365.4 Direct Expenses 73.2 63.3 292.1 Employee Expenses 4.1 3.7 15.8 Other Expenses 5.8 5.3 22.1 EBITDA 8.6 8.0 7.7% 35.5 EBITDA Margin 9.4% 9.9% 9.7% Other Income 0.4 0.5 1.8 Depreciation 1
Slide 29: Balance Sheet as per Ind AS
Balance Sheet as per Ind AS Particulars (Rs. Crs.) Mar 18 Mar 17 Particulars (Rs. Crs.) Mar 18 Mar 17 ASSETS EQUITY & LIABILITIES Equity 127 121 Non-current assets 94 93 Property, plant and Equity Share capital 13 13 92 90 equipment Other equity 114 108 Security Deposit 2 1 Non-current liabilities 2
Slide 30: Consistent Performance over the years
Consistent Performance over the years Revenue (Rs. Crs) EBITDA (Rs. Crs) 1.4 x 1.4 x 365 36 323 33 283 29 263 265 26 27 FY14 FY15 FY16 FY17 FY18 FY14 FY15 FY16 FY17 FY18 PAT (Rs. Crs) Margins % 3.0 x 10.0% 10.0% 10.0% 10.0% 10.0% 6 5 3 2.0% 2.0% 3 1.0% 1.0% 1.0% 2 FY14 FY15 FY16 FY17 FY18 FY14 FY15
Slide 31: Cords Cable Industries Limited and Strategic Growth Advisors contacts
Cords Cable Industries Limited Strategic Growth Advisors Pvt. Limited CIN: L74999DL1991PLC046092 CIN: U74140MH2010PTC204285 Mrs. Garima Pant, CS Mr. Pratik R. Shah csco@cordscable.com pratik.shah@sgapl.net +91 97692 60769 www.cordscable.com Mr. Rohan Adhiya rohan.adhiya@sgapl.net +91 98332 19522 www
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