Hi-tech Pipes Ltd. · NSE:HITECH
Hi-tech Pipes — Q4 FY23 Earnings Presentation
32 slides from Hi-tech Pipes's earnings presentation, May 2023
Slide 1: Investor Presentation May 2023
INVESTOR PRESENTATION MAY 2023
Slide 2: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Hi-Tech Pipes Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securitie
Slide 3: Table of Content
Table of Content • Financial and Operational Highlights • Annual Financial Performance • New Initiatives • Company Overview • Strategic Focus & Future Prospects • Team Hi-Tech
Slide 4: Key Performance Indicators– Q4 FY23 (Consolidated)
Key Performance Indicators– Q4 FY23 (Consolidated) Revenue (Rs Crore) EBITDA (Rs Crore) PAT (Rs Crore) +18.01% +13.06% +41.88% 594.78 701.86 15.91 569.29 33.75 13.02 29.85 11.22 28.07 Q4FY22 Q3FY23 Q4FY23 Q4FY22 Q4FY22 Q3FY23 Q3FY23 Q4FY23 Q4FY23 Sales Volume (MT) EBITDA Per MT (Rs) -10.36% +26.09%
Slide 5: Key Performance Indicators –FY23 (Consolidated)
Key Performance Indicators –FY23 (Consolidated) Revenue (Rs Crore) EBITDA (Rs Crore) PAT (Rs Crore) +2.69% -6.29% +26.98% 2385.85 40.33 103.22 1878.85 100.52 37.79 FY22 FY22 FY23 FY22 FY23 FY23 Sales Volume (MT) EBITDA Per MT (Rs) +28% -19.78% 354032 3,634 2,915 276600 FY22 FY22 FY23 FY23 5
Slide 6: Consolidated Profitability Highlights –Q4 FY23
Consolidated Profitability Highlights –Q4 FY23 Particulars (Rs crore) Q4FY23 Q4 FY22 Y-o-Y % Q3 FY23 Q-o-Q % FY23 FY22 Y-o-Y % Total Income from Operations 701.86 594.78 18.01% 569.29 23.29% 2385.85 1878.85 26.98% Raw Materials 634.07 539.71 17.48% 514.62 23.21% 2174.33 1699.28 27.96% Employee Cost
Slide 7: Balance Sheet March 2023
Particulars (Rs crore) Mar-23 Mar-22 Particulars (Rs crore) Mar-23 Mar-22 Equity 418.11 258.62 Non-current Assets 364.19 278.95 Equity Share Capital 12.78 12.27 Property, Plant and Equipment 286.54 238.95 Other Equity 405.33 246.35 Capital Work in Progress 36.41 28.97 Non Current Liabilities 119.51
Slide 8: Cash Flow Highlights –FY23
Cash Flow Highlights –FY23 Consolidated For the year ended Standalone For the year ended PARTICULARS 31.03.2023 31.03.2022 31.03.2023 31.03.2022 NET CASH FLOW FROM THE OPERATING ACTIVITIES A. 133.74 (17.32) 56.15 6.88 B. NET CASH FLOW FROM INVESTMENT ACTIVITIES (100.55) (46.45) (81.28) (41.35) C. NE
Slide 9: Q4 & FY23 – Key Highlights
Q4 & FY23 – KEY HIGHLIGHTS RECORD HIGHEST SALES VOLUME - The Company has achieved the record Highest sales Volume during this Quarter. Total sales volumes increased by 26% Y-O-Y to 1,07,237 MT in Q4 FY23 vs. 85,045 MT in Q4FY22. REVENUE FROM OPERATIONS was up by 18% Y-O-Y to Rs. 701.86 Cr. in Q4FY23
Slide 10: Q4 & FY23 – Key Highlights
Q4 & FY23 – KEY HIGHLIGHTS The Commercial Production of Color Coating Line for producing premium Color Coating Coils under the brand name “Hitech Color Star” started in Q4FY23. This product is well accepted in market and we are getting very good response for this product.. During the FY23, the compa
Slide 11: Steel Tubes and Pipes; Flat Steel and Coated Products
STEEL TUBES AND PIPES Others 5% Flat Steel and Coated Products 23% Steel Tubes and Pipes FLAT STEEL AND COATED PRODUCTS 72% 11
Slide 12: Annual Financial Performance
Annual Financial Performance Volume (‘000 MT) EBITDA Per Metric Ton 3,634 354.00 2,789 269.00 283.20 2,915 271.20 277.00 2,611 2,091 FY19 FY19 FY20 FY20 FY21 FY21 FY22 FY22 FY23 FY23 12
Slide 13: Key Performance Highlights Continued
Key Performance Highlights Continued….. Revenue EBITDA & EBITDA Margin % 5.9% 5.3% 4.33% 2385.85 5.5% 4.9% 103.23 1878.85 74.8 100.52 1360.00 1209.60 70.8 1340.60 59.2 FY19 FY19 FY20 FY20 FY21 FY21 FY22 FY22 FY23 FY23 NET WORKING CAPITAL DAYS Net Worth 78 418.10 71 61 68 258.6 48 146.8 173.6 205.2 F
Slide 14: Key Financial Ratios
Key Financial Ratios Debt/ Equity (x) EPS (Rs.) 1.76 1.7 3.38 1.45 1.42 2.58 3.06 1.89 2.09 0.66 FY19 FY19 FY20 FY20 FY21 FY21 FY22 FY22 FY23 FY23 Return on Capital Employed % Return on Equity % 20.80% 18.70% 16.30% 17.40% 13% 12.70% 12.30% 12% 11.92% 11.17% FY19 FY19 FY20 FY20 FY21 FY21 FY22 FY22 F
Slide 15: Consolidated P&L – Last 5 Years
Consolidated P&L – Last 5 Years Particulars (Rs crore) FY19 FY20 FY21 FY22 FY23 Total Income from Operations 1,360.4 1,209.6 1,340.6 1878.85 2385.85 Raw Materials 1,236.4 1,095.4 1,210.2 1699.28 2174.33 Employee Cost 13.7 17.8 18.8 21.99 26.4 Other Cost 35.6 37.2 40.8 57.07 81.91 EBITDA 74.8 59.2 70
Slide 16: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (Rs crore) Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Particulars (Rs crore) Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Equity 146.8 173.6 205.2 258.62 418.11 Non-current Assets 177.4 209.0 241.8 278.95 364.19 Equity Share Capital 10.7 10.9 11.2 12.27 12.78 Property, Plant and
Slide 17: Company Overview
Company Overview
Slide 18: Our Journey
Our Journey • Commenced • Started 3rd tube mill at operations at Sanand • Commenced Hindupur (Andhra commercial operations • Installed solar plants at Pradesh) of unit 2 at Sikandrabad Sanand and Hindupur units • Installation of hot- • Modernized the to manufacture steel dipped galvanizing • Started
Slide 19: Hi-Tech Pipes | Capabilities Built So Far
Hi-Tech Pipes | Capabilities Built So Far… Business Experience Strong Registered 35+ years Brands SKUs 12+ 1200+ Dealers & Value added Products Installed Capacity Distributors Share 5,80,000 MTPA 450+ >30% Products availability Credit Ratings Across 17 States Long Term: A Short Term: A1 Contractor O
Slide 20: Our Registered Brand Presence
Our Registered Brand Presence Product: GI Pipes Product: MS & GI Pipes Product: Large Dia Hollow Section Product: MS & GI Casing Pipes Application: Borewell, Water, Agriculture Application: Fire Safety - Buildings Application: Infra, Airport, Metro Station Application: Borewell Product: GI Pipes Pro
Slide 21: Strategic Locations for a Pan-India Presence and Distribution
…with Strategic Locations for a Pan-India Presence and Distribution Encompassing 580,000 MTPA of production ambience and a strong network of 450+ Dealers & Distributors Pan India Plant Location Capacity (MTPA) Product Portfolio MS Steel Pipes, Hollow Sections, GI Pipes, Cold Rolled Coils & Strips, G
Slide 22: Continued Investment in Building Competencies to Cater to Demand
Continued Investment in Building Competencies to Cater to Demand… Enhancing Capacities Year-on-Year (Metric Tonnes per Annum) Architechture Infrastructure Agriculture Construction 5,80,000 5,00,000 4,25,000 80,000 3,60,000 Auto Industrial 120,000 120,000 120,000 125,000 125,000 120,000 125,000 60,00
Slide 23: Our Manufacturing Facilities
Our Manufacturing Facilities Sikandrabad, Uttar Pradesh Unit-1 Sikandrabad, Uttar Pradesh Unit-2 Hindupur, Andhra Pradesh Khopoli, Maharashtra Sanand, Gujarat 23
Slide 24: New Initiatives- New Products Launched
NEW INITIATIVES- NEW PRODUCTS LAUNCHED • A Brown field expansion in our Sikandrabad Facility • Commercial Production of Color Coating Line having an installed capacity of 50,000 MT started on 01st January, 2023. •“Hi-Tech ColorStar” are premium color coated coils used in Warehouses, Industrial Sheds
Slide 25: Corporate Branding Campaign on Delhi Metro Stations
Corporate Branding- Campaign started on 2 most prominent metro stations of Delhi - Akshardham and Botanical Garden Metro Stations catering to over 65 Lac commuters per month. One of the busiest metro stations of delhi. Pune, Maharastra 25
Slide 26: Strategic Focus & Future Prospects
Strategic Focus & Future Prospects Huge Opportunity in the Indian Steel Pipes & Tubes Industry Indian Steel Pipes & Tubes Industry Per Capita Consumption (Kgs) - Steel 568 • Market Size: ~Rs 500 billion (~8% of total domestic steel market) • Total Domestic Consumption: ~8.5 million tonnes (FY21) • G
Slide 27: Huge demand from various sectors aided by Government Schemes
Huge demand from various sectors aided by Government Schemes Infrastructure & Housing Defence Urban development program – Smart cities, Amrut Scheme, Major application of Structural Steel in the manufacturing of Hriday, National Infrastructure Pipeline (NIP) equipments for Indian Defence Forces
Slide 28: Team HI-TECH: Board of Directors
Team HI-TECH: Board of Directors Mr. Ajay Kumar Bansal Mr. Anish Bansal Chairman & Managing Director Whole-Time Director & Chief Financial Officer B.Sc. (Economics ) in Banking & Finance graduate from An Industry stalwart with over 38 years of experience the Cardiff University, England, with ove
Slide 29: Marquee Projects and Marquee Clients
…Leading to Long Standing Relationships with Marquee Clientele.. Marquee Clients Marquee Projects which used Hi-Tech Products Solar High Speed Bullet Train Jal Jivan Dedicated Fright Naitonal Express 5G Telecom Mounting Mission Corridor way Towers Structures
Slide 30: Validated by Quality Certifications and Client Awards
…Validated by Quality Certifications and Client Awards CERTIFICATE EXEMPLARY DNV OF GROWTH & BUSINESS RECOGNITIO ASSURANCE INNOVATION N AWARD CERTIFICATE PERFORMANCE MINISTRY OF SUPER SME EXCELLENCE AWARD COMMERCE MINISRY OF STEEL, INDUSTRY GOVERNMENT OF INDIA BEST COMPANY OF THE YEAR AWARD AMONG TO
Slide 31: Connect with us on various Social Media Platforms
Connect with us on various Social Media Platforms ACTIVE LINKS OF SOCIAL MEDIA PLATFORMS OF HI-TECH PIPES https://instagram.com/hitechpipesofficial?igs hid=YmMyMTA2M2Y= https://www.facebook.com/hitechpi pesindia/ https://youtube.com/channel/UCg3lY D8G4gvBuQGD1wkesDw https://www.linkedin.com/company/
Slide 32: For Further Information, Please Contact
For Further Information, Please Contact: Mr. Anish Bansal, Whole Time Director & CFO Arun Kumar, CS & Compliance Officer info@hitechpipes.in cs@hitechpipes.in For more details please visit www.hitechpipes.in