Bharat Wire Ropes Ltd. · NSE:BHARATWIRE
Bharat Wire Ropes — Q2 FY2023 Earnings Presentation
18 slides from Bharat Wire Ropes's earnings presentation, Sep 21, 2022
Slide 1: Regulation 30 Investor Presentation filing letter
Ref.: BWRL/2022-23/SE/Misc./27 Date: 21st September, 2022 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 D
Slide 2: Earnings Presentation Q2/H1-FY23
E A R N I N G S P R E S E N T A T I O N | Q 2 / H 1 - F Y 2 3 1
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 Revenues (INR Mn) and EBITDA Margins (%) 2010, it was acquired by Mr. M L Mittal, current promoter and managing director. The company is headquartered in Mumbai, Maharashtra. 4,107 • The c
Slide 6: Exporting to 50+ countries across the Globe
Exporting to 50+ 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 Indonesia Peru
Slide 7: Product Mix
Product Mix Wire Ropes Strands Slings Steel Wire 6-90 MM of various Mechanically Spliced, Hand High carbon steel wires Description Stay Wire, Structural construction like 6*19, Spliced, Spelter Sockets and ranging from 0.3mm to 5.5 6*36, 8*19, 35*7 etc. Strands and Earth Wire mm upto 2,360 N/mm^2 Sw
Slide 8: 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 7
Slide 9: Financial Overview
Financial Overview
Slide 10: Key Financial & Operational Highlights
Key Financial & Operational Highlights Q4-FY21 Financial Performance Q2-FY23 Operational Highlights: Revenue from Operations EBITDA EBITDA Margins INR 1,497 Mn INR 312 Mn 20.84 % • Revenue growth was driven by 13% increase in +59% YoY +144% YoY +728 Bps volumes and balance on account of improvement
Slide 11: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q2-FY23 Q2-FY22 Y-o-Y Q1-FY23 Q-o-Q Revenue from Operations 1,497 944 58.6% 1,328 12.7% Total Expenses 1,185 816 45.2% 1,077 10.0% EBIDTA 312 128 NA 251 24.3% EBIDTA Margins (%) 20.84% 13.56% 728 Bps 18.90% 194 Bps Depreciation and amortisation ex
Slide 12: YTD Financial Performance
YTD Financial Performance Particulars (INR Mn) H1-FY23 H1-FY22 Y-o-Y Revenue from Operations 2,824 1,726 63.6% Total Expenses 2,261 1,466 54.2% EBIDTA 563 260 NA EBIDTA Margins (%) 19.94% 15.06% 488 Bps Depreciation and amortisation expenses 103 108 (4.6)% Finance costs 94 114 (17.5)% Other Income 2
Slide 13: Historical Financial Performance
Historical Financial Performance Particulars (INR Mn) H1-FY23 FY22 FY21 FY20 Revenue from Operations 2,824 4,107 2,502 2,577 Total Expenses 2,261 3,485 2,177 2,287 EBIDTA 563 622 325 290 EBIDTA Margins (%) 19.94% 15.14% 12.99% 11.25% Depreciation and amortisation expenses 103 214 217 218 Finance cos
Slide 14: Historical Balance Sheet
Historical Balance Sheet Particulars (INR Mn) H1-FY23 FY22 FY21 Particulars (INR Mn) H1-FY23 FY22 FY21 Equity 4,807 4,517 4,351 Non-Current Assets 5,423 5,583 5,784 (a) Equity Share Capital 644 638 626 (a) Property, Plant and Equipment 4,816 4,915 5,126 (b) Other Equity 4,163 3,879 3,725 (b) Capital
Slide 15: Financial Highlights
Financial Highlights Operational Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margins (%) 4,517 622 4,351 563 274 137 9.70% 3.34% 2,824 325 290 FY20 FY21 FY22 H1-FY23 -6.71% 19.94% -168 11.25% 12.99% 15.14% 390 -23.67% FY20 FY21 FY22 H1-FY23 FY20 FY21 FY22 H1-FY23 -610 EBI
Slide 16: Capital Market Information
Capital Market Information 150% Stock Price (As on 30th September, 2022) 130% 110% 90% 70% 50% 30% 10% -10% -30% Oct/2021 Oct/2021 Nov/2021 Dec/2021 Jan/2022 Feb/2022 Mar/2022 Apr/2022 May/2022 Jun/2022 Jul/2022 Aug/2022 Sep/2022 BWR BSE Market Data (As on 30th September, 2022) INR Shareholding Patt
Slide 17: 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 18: Thank You
Thank You