Man Industries (india) Limited · NSE:MANINDS
Man Industries (india) — Q2 FY2021 Earnings Presentation
26 slides from Man Industries (india)'s earnings presentation, Oct 28, 2020
Slide 1: Man Industries (India) Ltd – Investor Presentation filing letter
d M A N an ISO 9001 / 14001 / 18001 accredited company www.mangroup.com CIN NO. O. -- L99999MH1988PLC047408 i Industries i (India) Ltd the line pipe people October 28, 2020 To To, BSE Limited National Stock Exchange of India Ltd. 1st Floor, New Trading Ring, Exchange Plaza, 5“ Floor, Rotunda Buildin
Slide 2: Q2FY21 Investor Presentation
Q2FY21 Investor Presentation October 2020
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Man Industries India Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 4: Contents
Contents 01 | Q2FY21 Highlights 02 | Company Overview and Strengths 03 | Industry Opportunities 04 | Growth Strategy 05 | Historical Financial Performance 3
Slide 5: Q2FY21 Highlights
Q2FY21 Highlights
Slide 6: Q2FY21 consolidated financial highlights
Q2FY21 consolidated financial highlights Figures in Rs Mn. 10.1% 4.6% 603 12.7% 273 5,951 405 3.1% 3,190 100 Q2FY20 Q2FY21 Q2FY20 Q2FY21 Q2FY20 Q2FY21 Revenue EBITDA and Margin PAT and Margin 87% Y-o-Y 49% Y-o-Y 173% Y-o-Y 5
Slide 7: Q2FY21 Consolidated Profit and Loss Statement
Q2FY21 Consolidated Profit and Loss Statement Particulars (INR Mn) Q2FY21 Q2FY20 % Change H1FY21 H1FY20 % Change Revenue from Operations 5,872 3,060 91.9% 9,856 5,449 80.9% Other Income 79 130 196 190 Total Revenue 5,951 3,190 86.6% 10,052 5,639 78.3% Gross Profit 1,721 1,008 70.8% 3,177 1,867 70.2%
Slide 8: Consolidated Balance Sheet as on 30th Sept'20
Consolidated Balance Sheet as on 30th Sept’20 (Rs Mn) Sep-20 Mar-20 (Rs Mn) Sep-20 Mar-20 Share Capital 286 286 Fixed Assets incl. CWIP 3,519 3,719 Other Equity 7,602 7,178 Non-Current Investment 1,023 1,023 Shareholders' Funds 7,887 7,464 Trade Receivables 439 511 Borrowings 1 153 Other Financial A
Slide 9: Operational Highlights
Operational Highlights 1 Received an order from IHB ( a joint venture of IOCL, HPCL and BPCL) of Rs. 3,700 Mn 1 - The order will be executed in the current financial year 2 Received an export order of Rs 4,050 Mn - The order will be executed in the current financial year The company has declared an
Slide 10: Company Overview and Strengths
Company Overview and Strengths
Slide 11: Globally Leading LSAW & HSAW Pipe Manufacturer
Globally Leading LSAW & HSAW Pipe Manufacturer Focused SAW pipe manufacturer and Strategically located 1 2 exporter with over three decades of manufacturing facilities at Gujarat experience & MP with good connectivity to rail, roads and ports Globally One million MTPA of total installed Strong globa
Slide 12: Over Four Decades of Successful Journey – Man Group
Over Four Decades of Successful Journey – Man Group 1970-99 2000-06 2007-12 ▪ 1988 – Started with Aluminum Extrusion ▪ 2001- Coating plant for PE & CTE coating ▪ 2007- Received prestigious order of Plant at Pithampur established with capacity of 2mn and 1.6mn $225mn from USA ▪ 1994 - MOU with Haeusl
Slide 13: Specialized Large Diameter Pipes Product Portfolio
Specialized Large Diameter Pipes Product Portfolio LSAW Pipes HSAW Pipes Coating Product 16" to 56” diameter 18" to 140” diameter 3LPE/FBE coating Specification 6 mm to 55 mm thickness 6 mm to 25 mm thickness & Concrete weight coating (CWC) Capacity 5,00,000 5,00,000 6.4 mn sqm pa - 3LPE/FBE & MT pa
Slide 14: Strategically Located Manufacturing Facilities
Strategically Located Manufacturing Facilities Anjar, Gujrat Certifications ● Strategically located close to Kandla & 1 Certificate of Authority to use the official Mudra port to cater to International API Monogram market API spec Q1, 5L & 2B and IS 3589 : 2001 ● Close to rail head and national high
Slide 15: Marquee Clientele
Marquee Clientele International Clients Domestic Clients ● Approved vendor for major oil and gas companies globally; a strong entry barrier ● Long term client partnerships built on quality execution 14
Slide 16: Unwavering & Experienced leadership
Unwavering & Experienced leadership Dr. Ramesh C. Mansukhani Group Chairman ● First generation entrepreneur with over four decades of industry experience ● Driving force behind the success of the Man Group through setting up new manufacturing facilities with latest technologies ● Holds PhD in Intern
Slide 17: Industry Opportunities
Industry Opportunities
Slide 18: Robust Opportunity in Oil & Gas Sector
Robust Opportunity in Oil & Gas Sector Expanding investments in oil and gas exploration Globally Huge Gas Pipeline Opportunities in India Rs. 638 Bn Rs 478 Bn Opportunity Size for 10,000Km Gas Pipeline Opportunity size for large diameter pipes ● Global upstream capital expenditure, which dropped nea
Slide 19: Opportunities beyond Oil & Gas – Water Infrastructure
Opportunities beyond Oil & Gas – Water Infrastructure Jal Jeevan Mission National River Linking Rs. 3,500 Bn Rs. 5,600 Bn Opportunity size for large diameter pipes Rs 1,400 Bn Total Investment under this scheme Rs 1,120 Bn Total Investment under this scheme Opportunity size for large diameter pipes
Slide 20: Growth Strategy
Growth Strategy
Slide 21: Future Outlook and Growth Strategy
Future Outlook and Growth Strategy Favorable Demand Growth Capacity and Process ● Huge industry opportunities with ● Aim to reach higher ● Current utilization of 45% global Oil & Gas bid pipeline profitability with revenue only, no additional capex ~2,35,000 km till 2030 growth required for addition
Slide 22: Historical Financial Performance
Historical Financial Performance
Slide 23: Financial Highlights
Financial Highlights Revenue (Rs. Mn) Gross Profit (Rs. Mn) & Gross Profit Margin (%) 22,424 5,454 5,127 16,643 17,758 4,552 27.3 % 24.3 % 28.9% FY18 FY19 FY20 FY18 FY19 FY20 EBITDA (Rs. Mn) & EBITDA Margin (%) PAT (Rs. Mn) & PAT Margin (%) 637 1,989 588 555 1,813 1,845 10.9% 8.9% 10.4% 3.8% 2.6% 3.
Slide 24: Key Metrics and Ratios
Key Metrics and Ratios ROCE (%) Dividend Payout (%) 15% 17 13% 15 14 10% FY18 FY19 FY20 FY18 FY19 FY20 Debt/Equity (x) Book value per share (Rs) 0.40 131 123 114 0.30 0.30 FY18 FY19 FY20 FY18 FY19 FY20 Consolidated Figures 23
Slide 25: Annual Consolidated Profit and Loss Statement
Annual Consolidated Profit and Loss Statement Particulars (INR Mn) FY18 FY19 FY20 *Total Revenue 16,643 22,424 17,758 Gross Profit 4,552 5,454 5,127 Gross Margin 27.3% 24.3% 28.9% Operating expenses 2,739 3,465 3,282 EBITDA 1,813 1,989 1,845 EBITDA Margin 10.9% 8.9% 10.4% Finance Cost 430 645 644 De
Slide 26: Thank You
THANK YOU Man Industries (India) Ltd. Pareto Capital (Investor relations advisor) Mr. Mahantesh M, Manager IR Ms. Pooja Dokania/ Sresth Jaiswal mahantesh.m@maninds.org pooja.dokania@paretocapital.in/ Man House, 101, S.V. Road, Vile Parle (W), sresth.jaiswal@paretocapital.in Mumbai. B/ 210, Kanakia W
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