Macpower Cnc Machines Limited · NSE:MACPOWER
Macpower Cnc Machines — Investor Presentation (February 2019)
34 slides from Macpower Cnc Machines's investor presentation, February 2019
Slide 1: Macpower CNC Machines Limited Investor Presentation February 2019
MACPOWER CNC MACHINES LIMITED INVESTOR PRESENTATION – FEBRUARY 2019
Slide 2: Executive Summary
EXECUTIVE SUMMARY Company Overview: Financials FY18 ▸ Macpower CNC Machines Ltd. (Macpower), Total Revenue incorporated in 2003, has more than one decade of INR 1,075 Mn experience in competitive manufacturing solutions. 3 Year CAGR 19% ▸ It has become India's fastest growing CNC Machines EBITDA Man
Slide 3: Company Overview
COMPANY OVERVIEW 3
Slide 4: Company Overview
COMPANY OVERVIEW Total Income (In Mn) and EBITDA Margins ▸ Incorporated in 2003, Macpower CNC Machines Limited (Macpower) has a vision to provide the best possible solution in CNC machine industry thereby 1,075 14.66% unleashing value for end users. ▸ Led by highly experienced promoters and manageme
Slide 5: Key Managerial Personnel
KEY MANAGERIAL PERSONNEL Rupesh Mehta, Promoter, Chairman & Managing Director Riya Mehta, Director ▸ Has more than 25 years of experience in the Machine Tool ▸ Has been on the Board of the Company since 1st April, 2004. Industry, out of which 14 years of experience in Macpower as a ▸ Associated with
Slide 6: Key Milestones
KEY MILESTONES Developed Launched multi- Introduction of high-end Incorporation models with USP tasking machines machines like HMC & Listed on NSE of the company advantages in EMO - Germany Robotic Automation Emerge 2003 2007 2013 2015 2018 2005 2011 2014 2017 Partial In-house Covered maximum Commen
Slide 7: Geographical Presence
GEOGRAPHICAL PRESENCE 7
Slide 8: Manufacturing Facilities
MANUFACTURING FACILITIES ▸ More than 150,000 Sq. Ft. of enclosed land area ▸ In-house manufacturing capacity for all heavy structural / critical components Corporate Office Final Assembly Shop ▸ Precision Double Column Machining facility ▸ Precision HMC, VMC & CNC Machining cell facilities ▸ In-hous
Slide 9: Tech Centers
TECH CENTERS ▸ A Tech Center is an in-house demo of Macpower’s machines. ▸ It is a one stop solution regarding machines, Ahmedabad Pune tooling, fixture options, part development, machine applications and trading and arranging of open house. ▸ To achieve this objective, these tech centers have a sel
Slide 10: Research and Development
RESEARCH AND DEVELOPMENT ▸ R&D Department is the backbone of any manufacturing activity and therefore Macpower believes in investing in R&D for product innovation. ▸ The Company has an in-house Research and Development center establishment with a team of highly qualified 15 experienced design engine
Slide 11: Awards and Certification
AWARDS AND CERTIFICATION FIE Foundation Award at IMTEX 2015 for Turn FIE Foundation Award at IMTEX 2017 for Twin Mill Centre with Y Axis and sub Spindle Head VMC FIE Foundation Award at IMTEX 2013 for designing excellence Model Turn ‘O’ MILL 200 MSE – 1 Highest Financial Strength in SME Segment cert
Slide 12: Key Strengths
KEY STRENGTHS 1 Experienced Promoters and Management Team 8 2 First Generation Entrepreneurs Entry Barrier Diversified Customer Base Personal Approach and Flat Hierarchy As the industry is highly technological driven, entry Large range of Domestic and International Customers of new companies is diff
Slide 13: Key Customers
KEY CUSTOMERS AUTOMOBILE SECTOR GENERAL ENGINEERING SECTOR Supreme Kalyani Forge Varroc Seinumero Kanemitsu Graphite Nirlep Eneroil JPan Industrial Nirman India Offshore Tubular Works SSB Engineers Chemtron Cease Kone Parshuram Hiflex TRW Fuji Serina, Science Fire Cranes Technocraft Hydraulics Thail
Slide 14: Business Overview
BUSINESS OVERVIEW 14
Slide 15: Product Profile
PRODUCT PROFILE Machine Turning Centre Vertical Machining Centre Turn Mill Centre Bearing, Valve, Pump industry, Tool Special purpose components, Tool room, Die and Mould, room, Automobile, Process plant Aeronautics Components, Defence, Applications Automobile Components, Pattern components, Agricul
Slide 16: Product Profile
PRODUCT PROFILE Machine Vertical Turret Lathe Horizontal Machining Centre Drill Tap Centre Automobile Components, Die and Electronics Components, Small Valve body, Motor body, Engine liner mould, Defence Parts, Aeronautics Applications Automobile Components and Textile and Railways Components, Texti
Slide 17: Product Profile
PRODUCT PROFILE Machine Twin Spindle Cylindrical Grinder Multi-tasking Machine Special purpose components, Precision Aeronautics Components, Automobile Components & Textile Applications Agriculture Components and Railway Precision Defence Components and Components Components Precision Medical Compon
Slide 18: Prime Exhibitions
PRIME EXHIBITIONS ENGIMACH 2017 - DIE MOULD 2018 - MUMBAI IMTEX 2017 - BANGALORE PMTS 2016 - PUNE AHMEDABAD MAKTEK EURASIA 2012 - ISTANBUL (TURKEY) EMO 2013 – GERMANY 18
Slide 19: Order Flow Process (for Special Purpose Machine)
ORDER FLOW PROCESS (FOR SPECIAL PURPOSE MACHINE) Production Plan and Design Depending on the order, Calibration of Test the design of the Instruments Assembly machine is prepared and Processing of Raw The gauges and The components Dispatch verified with the Material measuring instruments produced in
Slide 20: Manufacturing Process
MANUFACTURING PROCESS Fitting of Cable Carrier, X‐Z‐Spindle X‐ Z bracket reading BED receive from Pre- Final Assembly System Fitting Motor, Power Pack, Cylinder, check? It Should be in Assembly Encoder, Pulley, Turret & Disc 10 Micron. OK Application ‐ Rough Trial – Laser OK Spindle Motor Final Guar
Slide 21: Order Book (As on 31 January 2019)
ORDER BOOK (As on 31 January 2019) st Order Book Domestic Description Number Value (INR Mn) Products No. of Units Value (INR Mn) Pending Order/ Turning Centre 337 503 430 780/89 Advance (Private) Vertical Turning Lathe 2 11 Govt. Supplied 177 779 Vertical Machining Centre 87 232 L1/Order Recd. (For
Slide 22: Strategic Overview
STRATEGIC OVERVIEW 22
Slide 23: New Plant Details
NEW PLANT DETAILS FACILITY ▸ Multi-Storeyed Assembly Area. ▸ Assembly capacity of additional 600 Machines per year PAINT EXISTING MACHINE SHOP (Existing capacity 600 machines per year), hence total NEW POWDER COATING PLANT SHOP capacity of plant is 1,200 Machines per year EXISTING ASSEMBLY ▸ State-o
Slide 24: Future Growth Strategy
FUTURE GROWTH STRATEGY Set Up Facility for In-house Machining ▸ The Company is planning for integrated operation of its products by in-house machine shop and sheet metal manufacturing facility. ▸ The management believes that the integrated operations will reduce its dependence on third party supplie
Slide 25: Industry Overview
INDUSTRY OVERVIEW 25
Slide 26: Indian Machine Tools Industry
INDIAN MACHINE TOOLS INDUSTRY Indian Machine Tools Industry (INR Cr) 14,691 11,616 10,376 7,293 7,752 5,945 5,803 6,173 ▸ The Indian Machine tool Industry has around 1,000 units in the 4,727 production of machine tools, accessories/attachments, subsystems and parts. Of these, around 25 in the large
Slide 27: Manufacturing Sector in India
MANUFACTURING SECTOR IN INDIA ▸ Under the ‘Make in India’ New Industrial Policy, 2015 and Assistance to Micro, Small and initiative, the Government of Medium Enterprise (MSME) India aims to increase the share ▸ Capital Investment Subsidy of the manufacturing sector for the gross domestic product ▸ I
Slide 28: Financial Overview
FINANCIAL OVERVIEW 28
Slide 29: Income Statement
INCOME STATEMENT PARTICULARS (INR Mn) FY16 FY17 FY18 H1- FY19 Total Income* 642 696 1,075 696 Total Expenses 619 677 955 594 EBITDA 23 19 120 102 EBITDA Margin 3.47% 2.73% 11.16% 14.66% Finance Cost 7 3 2 1 Depreciation 13 7 10 6 PBT 3 9 108 95 Tax (3) 2 37 29 PAT 6 7 71 66 PAT Margin 0.93% 1.01% 6.
Slide 30: Balance Sheet
BALANCE SHEET EQUITY AND LIABILITIES (INR Mn) FY16 FY17 FY18 H1-FY19 ASSETS (INR Mn) FY16 FY17 FY18 H1-FY19 1) SHARE HOLDERS' FUND 1) NON CURRENT ASSETS Share Capital 6 6 98 98 Fixed Assets Reserves and Surplus 22 30 435 497 Tangible 28 29 44 48 Total 28 36 533 595 Intangible 1 1 1 1 Capital Work-in
Slide 31: Financial Highlights
FINANCIAL HIGHLIGHTS Total Revenue (INR Mn) EBITDA (INR Mn) and EBITDA Margins (%) 1,075 11.16% 120 642 696 3.47% 2.73% 23 19 FY16 FY17 FY18 FY16 FY17 FY18 PAT (INR Mn) and PAT Margins (%) RoE and RoCE 6.61% 71 22.60% 21.63% 13.22% 29.08% 7 20.28% 6 1.01% 13.91% 0.93% FY16 FY17 FY18 FY16 FY17 FY18 *
Slide 32: Market Data
MARKET DATA Share Price Performance (As on 31st December, 2018) 100% 50% 0% -50% Mar-2018 Apr-2018 May-2018 Jun-2018 Jul-2018 Aug-2018 Sep-2018 Oct-2018 Nov-2018 Dec-2018 Macpower Nifty 50 Shareholding Pattern (As on 30th September, 2018) Price Data (As on 31st December, 2018) CMP 160 DII 52 Week H/
Slide 33: 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 34: Thank You
THANK YOU 34
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