Alicon Castalloy Limited · NSE:ALICON
Alicon Castalloy — Q2 FY22 Earnings Presentation
25 slides from Alicon Castalloy's earnings presentation, Nov 12, 2021
Slide 1: Alicon Castalloy Ltd Q2 & H1 FY22 Results Presentation
Alicon Castalloy Ltd Q2 & H1 FY22 Results Presentation November 12, 2021
Slide 2: Forward-looking statements disclaimer
Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "conte
Slide 3: About Alicon, Q2 & H1 FY22 Highlights, Concall Details
About Q2 & H1 FY22 Concall Alicon Highlights Details 3
Slide 4: About Alicon Castalloy
About Alicon Castalloy
Slide 5: End-to-end solutions across aluminum casting needs
Offers end-to-end solutions spanning the entire spectrum of aluminum casting needs across multiple user industries Offers - Design, Diversified Pioneer in Engineering, marquee Robust track India for Casting, Customer record of 49 processes of Operates one Leaders in the Machining and base across yea
Slide 6: Alicon key figures at a glance
851 86 90 customers with.. 4 INR crore of Total INR crore of Manufacturing Income in FY21 EBITDA in FY21 774 Live Parts Units 131 997 Presence in No. of product 18 No. of permanent innovations during FY20 countries employees 6
Slide 7: A blend of European engineering skills, Japanese quality and Indian ingenuity
Enkei Corporation Alicon Castalloy Leading Japanese Largest Foundry in India – motor cycle and offering frugal engineering passenger car solutions wheel A blend of manufacturer European 70+ years of 49 years of track record 230+ engineering skills, experience Years of Cumulative Japanese quality Sil
Slide 8: Catering to key sectors of the Indian economy
Prototype Design Tool Design & Painting & Manufacturing Simulation Machining & Tool Sub-Assembly Manufacturing VA/VE Casting Fixture Design & Suggestions Manufacturing Manufacturing Catering to key sectors of the Indian economy Automobile Infrastructure Aerospace Medical Energy Agriculture 8
Slide 9: Strategic locations enable shorter time-to-market and cost optimization
Strategic locations enable shorter time-to-market and enhanced cost optimization 4 modern plants France (1 international) Slovakia High-end machines Austria Binola USA Pune Advanced Technology Centre Globally competent Tool Rooms (20 tools/ a month USA Marketing Franchise Full-edged Machine Shop (in
Slide 10: Diversity across markets and industries provides a natural hedge
Diversity across markets and industries provides a natural hedge TWO WHEELER OEM FOUR WHEELER OEM TIER 1 & NON AUTO Not reliant on a single ‘anchor’ customer None of the customers contribute >15% of turnover AND MANY MORE…. 10
Slide 11: Q2 & H1 FY2022 Operational & Financial Highlights
Q2 & H1 FY2022 Operational & Financial Highlights
Slide 12: Business & Macro-demand Highlights
Business & Macro-demand Highlights: • The domestic auto segment during the quarter saw mixed signals of recovery • Demand across the domestic markets has been on an uptrend driven by increase in spending and consumption, especially post lockdowns, a shift towards new high-tech vehicles, personal mob
Slide 13: Electric Mobility seeing strong traction in India
Electric Mobility seeing strong traction in India: • In the domestic markets, the Government has announced supportive regulations and policies for faster adoption of electric vehicles • In September 2021, EV sales for the first time ever crossed the 30,000 units mark in India • These registrations a
Slide 14: Key Motto for FY 21-22: 3R
• In Q2 FY22, the Company has booked 17 parts from 8 customers • Lower fixed expenses • 4 parts from domestic customers – • Lean and Agile manufacturing HMSI, Piaggio and Dana processes Sustainable Cost- New optimisation Business • 13 parts from export customers - • Improved gross margins Wins: JLR,
Slide 15: Net Debt, liquidity, order book and capex
• Net Debt at Rs. 235.5 crore with a net debt to equity ratio of 0.55x • Cash and cash balances at Rs. 11.0 crore • The conclusion of equity raise through QIP and preferential issue has strengthened the liquidity position of the Company • Order book healthy at ~Rs. 3,150 crore over 5 years • The Com
Slide 16: Q2 FY22 Total Income, EBITDA, PAT
Total Income EBITDA • Reported a recovery in volumes during the quarter, which assisted topline performance 268.7 205.1 211.7 26.7 25.3 • Topline growth has been aided by 18.0 the increase in input prices which are passed through to customers. Q2FY21 Q1FY22 Q2FY22 • In Q2, total Income was Q2FY21 Q1
Slide 17: Q2 FY22 revenue mix: auto/non-auto and exports/domestic
Non- auto, 6% Exports, 25% Domestic, Auto, 94% 75% 17
Slide 18: H1 FY22 Total Income, EBITDA, PAT
Total Income EBITDA • Reported a healthy performance, despite operating challenges owing 480.4 43.3 to the second wave of Covid-19 258.8 • Performance supported by improved contribution from 3.3 international subsidiary – Illichman H1 FY21 H1 FY22 • Gross profit stood at Rs. 232.7 crore, H1 FY21 H1
Slide 19: H1 FY22 revenue mix: auto/non-auto and exports/domestic
Non-auto , 8% Exports, 29% Domestic Auto, 92% , 71% 19
Slide 20: Consolidated income statement Q2 and H1 FY22
Particulars (Rs. crore) Q2FY22 Q2FY21 Y-o-Y Shift H1 FY22 H1 FY21 Y-o-Y Shift Net Revenue from Operations 267.80 204.59 31% 478.55 257.57 86% Other Income 0.93 0.56 67% 1.87 1.24 51% Total Income 268.73 205.15 31% 480.41 258.81 86% Total Expenditure 243.47 178.44 36% 437.12 255.51 71% Raw Material e
Slide 21: Consolidated balance sheet as on September 30, 2021
As on As on As on March As on March Liabilities (Rs. Crore) September Assets (Rs. Crore) September 31, 2021 31, 2021 30, 2021 30, 2021 a) Shareholders’ Funds 424.52 316.98 a) Non-current Assets 427.86 420.18 b) Non-current Liabilities (NCL) 162.44 186.54 - Long-term Borrowings 125.36 148.21 a) Curre
Slide 22: Commentary by Group CEO Rajeev Sikand
Commenting on the performance, Mr. Rajeev Sikand, Group CEO , Alicon Castalloy said, “In Q2, we witnessed a recovery in demand in the domestic markets on the back of improved economic activity, which translated to higher overall volumes during the quarter. This could have been better but for the sho
Slide 23: Concall Details
Concall Details
Slide 24: Q2 FY22 Earnings Conference Call
Alicon Castalloy’s Q2 FY22 Earnings Conference Call Time & Date • 11.30 AM IST on Friday, November 12, 2021 Local dial-in numbers • +91 22 6280 1141 • +91 22 7115 8042 International Toll Free Number • Hong Kong: 800 964 448 • Singapore: 800 101 2045 • UK: 0 808 101 1573 • USA: 1 866 746 2133 24
Slide 25: Thank You
Thank You For further information, please contact: Tarunkumar Vyas Alicon Castalloy Ltd Tel: +91 74200 73369 E-mail: tarun.vyas@alicongroup.co.in Mayank Vaswani / Shikha Kshirsagar / Mit Shah CDR, India Tel: +91 22 98209 40953 / 99201 68314 Email: mayank@cdr-india.com shikha@cdr-india.com For more i