Aeroflex Industries Ltd. · NSE:AEROFLEX
Aeroflex Industries — Q4 FY24 Earnings Presentation
23 slides from Aeroflex Industries's earnings presentation, May 6, 2024
Slide 1: Aeroflex Industries Limited Investor Presentation
Aeroflex Industries Limited Leading Manufacturer of Metallic flexible flow solutions Investor Presentation May 6th 2024
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Aeroflex Industries 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 3: Q4 & FY24 Performance Highlights
Q4 & FY24 PERFORMANCE HIGHLIGHTS
Slide 4: MD's Commentary
MD’s Commentary Commenting on the financial performance, Mr. Asad Daud – Managing Director said, “Reflecting on our FY24 performance, I am pleased to announce that Aeroflex has experienced a highly successful year marked by substantial growth. The company has announced a 12.5% dividend on equity for
Slide 5: Acquired: Hyd-Air Engineering Private Limited
Acquired: Hyd-Air Engineering Private Limited The acquisition of Hyd Air positions Aeroflex for business expansion, fortifying its market position through expanded product offerings and strategic integration Aeroflex Industries Limited Hyd-Air Engineering Private Limited Manufacturer of Metallic Fle
Slide 6: Capacity Profile
Capacity Profile SS Flexible Hoses with & without Braiding 01 Mn. Mtrs Timelines Capacity (Mn Mtrs) Remarks Capacity Details 16.5 March-23 11.0 Existing Capacity Includes Hoses & Braiding 13.5 3.0 11.0 1.5 1.0 March-24 (Phase 1) 13.5 Added 2.5 Mn. Mtrs in FY24 in Phases Additional 2.5 Mn. Mtrs inclu
Slide 7: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Profit & Loss (Rs. Crs) Q4 FY24 Q4 FY23 YoY FY24 FY23 YoY Revenue from Operations 77.77 70.07 10.99% 317.91 269.46 17.98% Other Income 1.31 0.03 3.84 0.04 Total Income 79.08 70.10 12.80% 321.75 269.50 19.39% Cost of Material Consumed 48.53 43.05 207.24 188.51 Cha
Slide 8: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (Rs. Crs) Mar-24 Mar-23 Equity & Liabilities (Rs. Crs) Mar-24 Mar-23 Non - Current Assets 94.89 59.54 Total Equity 293.15 114.09 Property Plant & Equipment 82.37 55.54 Share Capital 25.86 22.86 CWIP 5.38 0.64 Other Equity 267.29 91.23 Intangible assets 0.60 0.77 Non
Slide 9: Consolidated Cash Flow
Consolidated Cash Flow Particulars (Rs. Crs) Mar-24 Mar-23 Net Profit Before Tax 57.25 41.23 Adjustments for: Non -Cash Items / Other Investment or Financial Items -9.46 -2.20 Operating profit before working capital changes 47.79 39.03 Changes in working capital -3.72 -31.81 Net Cash from Operating
Slide 10: Key Ratios
Key Ratios Revenue (Rs. Cr) EBITDA (Rs. Cr) PAT (Rs. Cr) 41.7 317.91 65.7 30.2 269.5 54.0 27.5 240.8 46.9 144.7 22.3 6.0 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 RoCE (%) RoE (%) Net Debt-Equity (x) 31.90% 0.90 36.30% 30.10% 34.32% 32.58% 20.50% 0.50 17.10% 0.40 10.20% 0.00 FY21 F
Slide 11: About Us
India’s leadingABOUT flexibleUSflow solution provider
Slide 12: Distinctive Capabilities
Distinctive Capabilities Leading Manufacturer of Metallic Responsible Corporate flexible flow solutions 01 07 Scalable and Customized flexible flow 02 06 Innovation & Strong R&D led Business solution products 03 05 De-risk and Diversified Portfolio State of the art Infrastructure 04 There's Critical
Slide 13: Leading Manufacturer of Metallic flexible flow solutions
1. Leading Manufacturer of Metallic flexible flow solutions Incorporated in 1993, part of the promoter group Sat Industries Limited (BSE & NSE Listed In-House R&D Company) XX% NABL Accredited Lab Leading Manufacturer of Metallic flexible flow solutions XX% Used for controlled flow of all forms of su
Slide 14: Scalable and Customized flexible flow solution products
2. Scalable and Customized flexible flow solution products SS Flexible Hoses with Composite Hose & Assemblies & Fittings Others & without Braiding 60.4% 33.6% 6.0% • SS hoses are designed to withstand • Fittings affixed to both ends of flexible • Braiding: Single braid, Multiple braid high pressures
Slide 15: De-risk and diversified Portfolio – FY24
3. De-risk and diversified Portfolio – FY24 Product Segments Domestic: Export Mix 6% 16% SS Flexible Hoses with & without Braiding Exports 34% Assemblies & Fittings Domestic 60% Others 84% Geographical Split Industry Split 1% Steel 2% 10% Oil & Natural Gas 26% 24% 30% Europe Petrochemicals America(N
Slide 16: Wherever There's Critical Flow, Aeroflex Leads the Way
4. Wherever There's Critical Flow, Aeroflex Leads the Way Aerospace Marine Oil Refineries Current Major Industries • Steel & Metal • Oil & Gas • Chemicals • Sea Port Terminal Handling • Paper & Pulp • Pharmaceutical Expanding our presence to: • Fire Sprinklers Hydrogen Solar Semi-conductor • Solar •
Slide 17: State of the art Infrastructure
5. State of the art Infrastructure Well-equipped Infrastructure Situated at Production Capacity Machine Lines Employee Strength Taloja, Navi Mumbai 13.5 million meters 80+ lines 480+ people In-house Design Presence in Strategically Located Products used in Critical flow And R&D Laboratory 88 Countri
Slide 18: Innovation & Strong R&D led Business
6. Innovation & Strong R&D led Business Key Products developed recently / under research and development Development is underway for electric bus rooftops designed to provide protection Fire Sprinklers Solution for EV buses against fires 72+ 14 Bronze Metal Flexible Flow Solutions Bronze hoses for H
Slide 19: Responsible Corporate
7. Responsible Corporate Sustainability Integrated across the Use of Non-emitting Technology and Operations Recycled Consumables • Green process with negligible use of fossil fuels • The production technologies are zero emission • 100% recycling of water with an In-house water treatment • Use of pac
Slide 20: Putting Employees Wellbeing First
Putting Employees Wellbeing First Aeroflex has an Occupational Healthcare Center and Mind & Body Wellness Center, at its facility in Taloja, Navi Mumbai, to address any emergencies and health and well being of employees ▪ Well equipped with trained & qualified nurses and medical equipment Aeroflex h
Slide 21: Backed by strong Industry growth
Backed by strong Industry growth Global Market (USD Bn) ▪ Global market for SS flexible hose has grown at a CAGR of 8.2% to value at approximately USD 3.3 Bn in 2022 ▪ Traditionally, the demand for Flexible Flow Solutions made with Stainless Steel Corrugation was largely driven by the industrial sec
Slide 22: Way Forward
Way Forward Capacity Expansion The company has expanded Higher Value Added products existing capacity in a phased manner from 12.5 mn mtrs to 13.5 mn mtrs in Mar-24. The company aims to augment its revenue share by Entering New Industries Plans to add another 3Mn. focusing on the high-margin Mtrs by
Slide 23: Thank You!
THANK YOU! Investor Relations Advisors: Strategic Growth Advisors Pvt. Ltd. Aeroflex Industries Limited CIN - U74140MH2010PTC204285 CIN - U24110MH1993PLC074576 Ms. Manasi Bodas/ Ms. Shaily Patwa Email: corporate@aeroflexindia.com manasi.bodas@sgapl.net/ shaily.p@sgapl.net +91 9821043510 / +91 981949