Rir Power Electronics Limited · BSE:RIR
Rir Power Electronics — Investor Presentation (June 2024)
33 slides from Rir Power Electronics's investor presentation, June 2024
Slide 1: RIR Power Electronics Ltd.
RIR POWER ELECTRONICS LTD.
Slide 2: Company Overview
MO TTT COMPANY ~ OVERVIEW
Slide 3: Snapshot
Snapshot 18 years of legacy in Highly skilled and Industry leader and Multiple technological power semiconductor experienced team sole manufacturer Presence in 10+ industry of Si devices in India Countries & Expanding patents Product applications in Defense, Aerospace, Niche product portfolio Settin
Slide 4: Company Overview
Company Overview • RIR Power Electronics Limited (RIR), formerly known as Ruttonsha International Rectifier Limited, established Standalone Revenue (INR Mn) & EBIDTA Margin (%) in 1969, holds a distinctive position as an industry leader and sole manufacturer of Silicon (Si) Devices in India. • Silic
Slide 5: Silicon Power Corp (SPCO)
Silicon Power Corp (SPCO) Silicon Power Corporation was founded in 1994 by Dr. FULL VERTICAL INTEGRATION – SEMICONDUCTORS TO SYSTEMS Harshad Mehta after acquiring GE’s high-power semiconductor manufacturing facility in Malvern, Pennsylvania, USA. Silicon Power Corp is a globally recognized technolog
Slide 6: Geographical Presence
Geographical Presence Poland Canada U.K Germany U.S.A. Italy Turkey South Korea India Thailand U.A.E. Indonesia FY24 Geographical Sales (%) 16% New Zealand 84% Domestic International Investor Presentation 6
Slide 7: Technology Timeline
Technology Timeline • Designed and developed 1500 • Designed and • Incorporation of Volts D.C. Rectifier Developed • Designed and • Designed and the company for Central Rectifier Bank Developed Developed 60V, • Technical Railways for • Designed and Assembly with Plasma 2000A Rectifier collaboration
Slide 8: Key Management Personnel
Key Management Personnel Dr. Harshad Mehta - Chief Promoter & Technical Head He has completed his B.S. in Physics, Chemistry and Maths and a M.S. in Physics from Vikram University, India, and a Ph.D. in Electrical Engineering from the University of Florida. From the year 1983 to 1994, Dr. Mehta was
Slide 9: Board of Directors
Board of Directors Ms. Sonali Mehta Mr. Pravin Gambhirchand Shah Non-Executive - Non Independent Director Non-Executive - Independent Director Ms. Sonali Mehta, a seasoned writer in startup/tech, currently at Netflix, also Mr. Pravin G. Shah is an Independent Director of the Company. He writes for A
Slide 10: Awards & Certifications
Awards & Certifications Investor Presentation 10
Slide 11: Marquee Clients
Marquee Clients Investor Presentation 11
Slide 12: State of the Art Infrastructure and Testing Facilities
State of the Art Infrastructure and Testing Facilities DIFFUSION MANUFACTURING A state of art manufacturing facility spread over 87,000 Sq. Ft. in Halol, near Vadodara, Gujarat. ALLOYING Utilities include RO Plant, Nitrogen Gas Plant, Compressors, Air Dryer, DG Sets, Bore Wells & ETP Plant. DIE FABR
Slide 13: Key Strengths
Key Strengths Demonstrated expertise in manufacturing High Power Semiconductor Devices with products ranging up to 9000 Volts and 6000 Amperes. Broad suite of product offerings including Bridges, Modules, Diodes ranging from 6 Amps to 5000 Amps and Thyristors ranging from 16 Amps to 6000 Amps with v
Slide 14: Business Overview
MOO Business Overview
Slide 15: Product Portfolio Overview
Product Portfolio Overview • Thyristor up to 500A @ 1,600V • Capsule Device up to 6,000A @ 8,000V • High Current Rectifier • Diode up to 800A @ 4,300V • High Power Modules • SCR / Diode Stack • Module up to 1,000A @ 4,400V Applications Applications Applications a) Welding e) Railways a) Renewables d
Slide 16: Product Portfolio continued
Product Portfolio continued OTHER BATTERY POWER RAILWAY DC DRIVE CUSTOMIZED CHARGERS RECTIFIERS EQUIPMENT RECTIFIERS PRODUCTS • Up to 220 Volts, 2,000 AH • Up to 2,000 KW • DC Traction substation • 200 Amps. to 8,000 Amps • 200V, 400A – IGBT based • Higher range as per • Higher capacity rectifier 75
Slide 17: Expansion Plans
EXPANSION PLANS | MOO
Slide 18: Silicon Carbide Power Semiconductor Plant Capex
Silicon Carbide Power Semiconductor Plant Capex • Silicon Carbide (SiC) is a growing alternative to silicon-based electronics components especially in wide band gap applications. The material offers a unique combination of greater power efficiency, smaller size, lighter weight and lower overall cost
Slide 19: SiC plant in Odisha – Phase wise Development (Cycle 1)
SiC plant in Odisha – Phase wise Development (Cycle 1) Phase 1a Phase 1b Phase 2 • Epitaxy reactors to be setup for • Product mix – Wafers only • A new facility to start the 6” Fab line the manufacturing of SiC Wafers • Phase 1b is facility to house the • The split between different product • Halol
Slide 20: Visicon Power – A strategic asset in the SiC value chain
Visicon Power – A strategic asset in the SiC value chain • Technology know-how and technical capability: Benefit from the technical collaboration with companies such as SiCamore Semi through SiC technology transfer and parent company, Silicon Power for packaging and manufacturing processes. • Produc
Slide 21: SiC Value Chain : Power Device Manufacturing
SiC Value Chain : Power Device Manufacturing Metallurgy Wafers Power device manufacturing Equipment SiC Epi- SiC value Chain Row Processed SiC SiC Chips/ SiC Power SiC Power SiC Ingots wafer/ Materials Material Substrates Bare Die Modules Equipment Epitaxy Bulk process Micro/Nano process SiC-Based P
Slide 22: Fully Integrated Supply Chain
Fully Integrated Supply Chain 1 2 3 4 5 Packaging Design Device Support & Epitaxy (Diode, Mosfet, (EV Chargers, Fabrication Service Modules) Equipment) SECURE SUPPLY CHAIN VALUE PROPOSITION • A pathway for high power critical solutions • Eliminates supply chain inefficiencies / • Inhouse capabilitie
Slide 23: Industry Overview
_ INDUSTRY OVERVIEW MO
Slide 24: Power Semiconductors
Power Semiconductors • The global Power Semiconductor market size was valued at USD 341 bn in 2022 and is expected to reach USD 492 bn in 2028, growing at a CAGR of 6.28% during 2022-2028. • The global Silicon Carbide Power Semiconductor Market size is estimated at USD 1.7 billion in 2023, and is ex
Slide 25: Financial Overview
FINANCIAL OVERVIEW _ TET
Slide 26: Historical Standalone Income Statement
Historical Standalone Income Statement Particulars (INR Mn) FY21 FY22 FY23 FY24 Total Revenue 308 440 600 696 Total Expenses 272 375 492 568 EBITDA* 36 65 108 128 EBITDA Margins (%) 11.69% 14.77% 18.00% 18.39% Depreciation 11 11 12 11 Finance Cost 6 6 10 13 Extraordinary Item - 11 - - PBT 19 37 86 1
Slide 27: Historical Standalone Balance Sheet
Historical Standalone Balance Sheet Particulars (INR Mn) FY22 FY23 FY24 Particulars (INR Mn) FY22 FY23 FY24 ASSETS EQUITY AND LIABILITIES (1) Non-current assets 103 89 99 (1) Equity 261 337 645 75 62 69 (a) Equity share capital 69 69 70 (a) Property, Plant and Equipment (b) Other equity 192 268 575
Slide 28: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY21* FY22 FY23 FY24 Total Revenue 308 440 594 687 Total Expenses 272 375 493 569 EBITDA** 36 65 101 118 EBITDA Margins (%) 11.69% 14.77% 17.00% 17.18% Depreciation 11 11 12 11 Finance Cost 6 6 10 12 Extraordinary Item - 11 - - PBT 19 37
Slide 29: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Mn) FY22 FY23 FY24 Particulars (INR Mn) FY22 FY23 FY24 ASSETS EQUITY AND LIABILITIES 293 318 349 (1) Equity 261 330 628 (1) Non-current assets 75 62 69 (a) Equity share capital 69 69 69 (a) Property, Plant and Equipment (b) Other equity 192 261
Slide 30: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT MARGIN (%) 35.00% 687 130 120 118 70 594 110 101 60 30.00% 100 25.00% 440 90 80 20.00% 308 65 17.18% 70 11.69% 28 60 14.77% 17.00% 10.10% 15.00% 50 10.19% 6.36% 10.00% 40 36 13 30 5.
Slide 31: Capital Market Slide
Capital Market Slide 1 Year Stock Performance (up to 31st March, 2024) 270% 230% 190% 150% 110% 70% 30% -10% -50% Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 RIR Power Electronics Sensex Market Data (As on 31st March, 2024) Shareholding Pattern (As on 31st Mar
Slide 32: Disclaimer
Disclaimer RIR Power Electronics 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
Slide 33: Thank You
MT THANK YOU
RIR Power Electronics — Investor Presentation (June 2024) on 6ix