Slide 1: Cover letter to stock exchanges
$KIPPER ----Limited---- Date: 4 May 2021 The Manager The Manager National Stock Exchange of India Limited BSE Limited Exchange Plaza, s" Floor, Phiroze Jeejeebhoy Towers, Dalal Street Plot No. C-1, Block-G Mumbai- 400 001 Bandra Kurla Complex, Bandra (E) Mumbai- 400 051 NSE Scrip Name- SKIPPER/BSE S
Slide 2: Investor Presentation Q4 & 12M FY'21 Results
Q4 & 12 M PERFORMANCE, 2020 - 21 SKIPPER LIMITED INVESTOR PRESENTATION Q4 & 12 M FY’21 Results
Slide 3: Disclaimer
DISCLAIMER This Investor Presentation has been prepared by Skipper Limited for investors, solely for informational purposes. The information contained herein has been prepared to assist prospective investors in making their own evaluation of the Company and does not purport to be all-inclusive or to
Slide 4: Who We Are
WHO WE ARE Company is India’s largest and world's only Integrated T&D company having its own Structure rolling, manufacturing, Tower Load Testing Station & Transmission Line EPC. 3
Slide 5: Skipper: One-Stop Solution Provider
PRODUCT OFFERINGS SKIPPER: ONE -STOP SOLUTION PROVIDER Engineering products Polymer products Infrastructure projects Capacity: 300,000 MTPA Capacity: 51,000 MTPA M I S S•I Transmission ON Line EPC • Power Transmission Tower • UPVC Pipes • Railway Electrification EPC • Power Distribution Poles • CPVC
Slide 6: Performance Update Q4 & 12M FY'21
SKIPPER LIMITED Performance Update Q4 & 12M FY’21 Update
Slide 7: Financial Performance Q4'21
BUSINESS REPORT CARD Financial Performance Q4’ 21 Rs in Mn Sl Profit & Loss Summary Q4 FY’21 Q4 FY’20 Change % 1 Revenues 4,973.5 4,388.5 13.3% 2 Reported EBITDA 427.9 272.0 57.3% EBITDA Margins 8.6% 6.2% 3 (+) Other Income 23.8 3.0 4 (-) Depreciation 116.4 96.8 5 (-) Finance Cost 209.5 198.6 5.5% F
Slide 8: Financial Performance FY'21
BUSINESS REPORT CARD Financial Performance FY’21 Rs in Mn Sl Profit & Loss Summary FY’21 FY’20 Change % 1 Revenues 15,815.1 13,905.1 13.7% 2 Reported EBITDA 1,437.1 1,391.3 3.3% EBITDA Margins (%) 9.1% 10.0% 3 Other Income 40.2 19.6 4 Depreciation 452.6 381.0 5 Finance Cost 723.6 847.6 -14.6% Financ
Slide 9: Consistent & Improved Revenue Performance Trend
C o n s i s t e n t & I m p r o v e d R e v e n u e P e r f o r m a n c e Tr e n d Achieved 14% revenue growth (YoY) in FY’21 despite of covid related lockdown & challenges 4974 13 % 4598 4,388 29 % 4036 Rs in Mn 53 % 3,386 3,133 - 35 % 2,998 2207 Q1 Q2 Q3 Q4 FY 20 – Full year • Increased focus on E
Slide 10: Performance Highlights – Q4 FY'21
PEFRORMACE HIGHLIGHTS – Q4 Fy’21 Strong Revenue Performance across all business segments Rs in Mn Rs in Mn Stand Alone - Revenue Segment - Revenue 4,974 +3% 13% 3,665 3,565 Achieved highest ever net revenue quarter in 4,388 polymer segment + 81 % + 34 % 792 438 517 385 Q4 FY '21 Q4 FY'20 Engg Polyme
Slide 11: Segment Performance Q4 & 12M FY'21
SEGMENT REPORT Segment Performance Q4 & 12M FY’21 Profit & Loss Segment Q4 FY'21 Q4 FY'20 Change % 12M FY'21 12M FY'20 Change % Summary Polymer Infra Net Sales 3,665.0 3,565.0 2.8% 11,986.2 11,425.5 4.9% 14% 10% Engg EBITDA - Operating 364.5 429.0 -15.0% 1,057.0 1,452.1 -27.2% Products % of Sales 9.
Slide 12: Efficient Debt Management
Efficient Debt Management Debt Details Rs in Million 31.03.2021 31.03.20 Inc / (Dec) Long Term Debt 2,563 1,569 994 Current Maturities of 586 344 242 Long Term Debt Total Long Term Debt 3,149 1,913 1,236 Short Term Debt 1,236 2,624 (1,388) Gross Debt Level 4,385 4,537 (152) Debt Equity Ratio (X) 0.6
Slide 13: Key Performance Highlights
KEY PEFRORMACE HIGHLIGHTS Performance Update Key Highlights Skipper became World’s only Integrated T&D company having its own structure rolling, Tower & Pole manufacturing, Tower Load Testing Station & Transmission Line EPC under the same brand. Fully operationalized state of art Transmission Li
Slide 14: FY'21 - Performance Update
PEFRORMACE HIGHLIGHTS FY’21 - Performance Update Strong Revenue performance across all the business segments ; Achieved highest ever quarterly revenue performance in Q4 in Polymer segment Focus continues on Bottom-line improvement; PBT grew significantly in compare to previous year quarter and 1
Slide 15: Strong Bidding Pipeline
Strong Bidding Pipeline Strong Bidding Pipeline of 38,000 Million as on 31st March 2021; International – 27,000 Mn & Domestic - 11,000 Mn • Expecting International Ordering & Execution to gain pace in FY’22; • In advanced Stages of negotiation to secure some good size International contract • Large
Slide 16: Engineering Products – Order Book Composition – Mar 2021
ORDER BOOK PIE Engineering Products – Order Book Composition – Mar 2021 Total Order Book T&D Order Book Rs 16,020 million Rs 14,120 million 3% 9% 40% T&D Breakup 38% 88% 22% T&D Telecom Railways Domestic – 67% Export – 33% PGCIL SEB & Others Export 15
Slide 17: Engineering Products – Order Inflow Composition
ORDER BOOK PIE Engineering Products – Order Inflow Composition FY’21 Qtr Wise - Order Inflow Total – Rs 8,750 million YTD inflow at Rs 8,750 million (Rs 12,410 mn in FY’20) was lower than usual due to the following reasons – 3,810 A large percentage of orders available in the market are on fixed p
Slide 18: Macro Factor Affecting Input Cost
Macro Factor Affecting Input Cost Billet Domestic INR /MT Rs/ MT 40,000 37,120 38,579 35,346 46 % 33,998 38,056 35,000 30,540 29,875 29,577 30,000 28,254 27,904 27,643 26,400 25,000 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Domestic Billet Prices Rs per MT (
Slide 19: Mitigation Strategy: Managing RM Price Volatility
Ma na gi ng RM P ri c e Vo l ati l i ty The company is taking all necessary steps to tackle & neutralise the impact of this temporary RM volatility issues in its Fixed Type Contracts and protect margins - Securing Newer Contracts at elevated price level Mitigation Strategy Taking advantage of low wo
Slide 20: Performance Outlook
Business Outlook PERFORMANCE OUTLOOK Company expects to clock double digit annual revenue growth in FY’22 on back of strong pending execution of engineering contracts and strong polymer segment performance; Expect good traction in International TL orders, While pending domestic TL ordering bids
Slide 21: Shareholding Pattern
Shareholding Pattern Shareholding pattern Major Institutional Shareholders as on 31st March 21 A s o n 3 1 st M a r c h 2 1 Promoters Name % 71.89% Mutual Funds Ocean Dial Asset Management India (ICGF) 5.33% 1.85% Baillie Gifford - Pacific Horizon Investment 2.72% Trust Foreign Portfliio IDFC Sterli
Slide 22: Future Ready
Fully Integrated In-House Research & Development Centre Future Ready
Slide 23: Future Ready: Largest Tower & Monopole Load Testing Station
FUTURE READY Skipper boasts of largest Tower & Monopole Load Testing Station in India, which is also one of the largest in the world. Started Operations in the state of art Transmission Line Tower Testing Station is spread across 14 acres of land in Howrah, West Bengal commissioned in March’20.
Slide 24: Transmission Line Tower Testing Station
T r a n s m i s s i o n L i n e To w e r Te s t i n g S t a t i o n 23
Slide 25: Transmission Line Tower Testing Station
T r a n s m i s s i o n L i n e To w e r Te s t i n g S t a t i o n 24
Slide 26: For any queries please contact
For any queries please contact: Aditya Dujari (Investor Relations) Skipper Limited 3A, Loudon Street, 1St Floor, Kolkata 700 017 E-Mail: aditya.dujari@skipperlimited.com Tel: + 91 33 2289 2327/5731 Mobile: 9830806906 25