Slide 1: Cover letter to stock exchanges
@KIPPER ----Limited---- Date: 15th May, 2023 The Manager The Manager National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Dalal Street Plot No. C-1, Block-G Mumbai- 400 001 Bandra Kurla Complex, Bandra (E) Scrip Code- 538562 Mumbai- 400 051 Scrip
Slide 2: Investor Presentation Q4 & 12M FY'23 Results
Great Place To Work. Certified DEC 2022 - DEC 2023 INDIA Rediscovering Roots Embracing Triumph, Shaping Tomorrow INVESTOR PRESENTATION Q4 & 12M FY’23 Results 15th May 2023
Slide 3: About Us
About Us 9KIPPER Limited Vision Mission To produce world - class 1 2 3 4 5 quality products ensuring To continue to To continue to To continue to To ensure the To reduce carbon robust National add value-added focus on sectors tap newer greater scale and footprints, and Infrastructure products and of
Slide 4: Core Strengths
Core Strengths 9KIPPERL4fnitet 41+ India’s largest and world's only Integrated T&D company having its own Structure Largest rolling, manufacturing, Tower Load Testing A manufacturer of Station & Transmission Line EPC T&D structures Years of Excellence ■ I I I I in India Awarded as “Largest Tower Sup
Slide 5: Inflection Point with Growth Ahead
Sustainable, diversified Confidence Boost with International & profitable businesses well- winning key projects puts domestic opportunities positioned to continue to us as front runner in for growth in key segments Inflection generate compelling long- term growth key segments – Power Transmission, T
Slide 6: Management
Management 9KIPPER L4mite Whole Time Sajan Kumar Bansal Sharan Bansal Devesh Bansal Siddharth Bansal Yash Pall Jain Managing Director Managing Director Director Director Director Independent Mr. Amit Kiran Deb Mrs. Mamta Binani Mr. Raj Kumar Patodi Mr. Ashok Bhandari Sri Pramod Kumar Shah Chairman I
Slide 7: Core differentiators
Core differentiators 9KIPPER L4fnitet Broad Based Portfolio Exciting Opportunities Ahead Our Ability to Win Enhanced Profitability Diversified Products Build on Long-Standing India’s largest and world's only end Operational delivering sustainable Relationships with our to end Integrated T&D company
Slide 8: Product Portfolio
Product Portfolio @KIPPER Limited Engineering Infrastructure Polymer Power Transmission Railway Transmission UPVC Tower Structures Line EPC Pipes MS & Power High Distribution Tensile Telecom CPVC Poles Angles EPC Pipes Test Station and R&D Railway HDPE Monopoles Center Electrification Pipes Fastener
Slide 9: R&D Capabilities
R&D Capabilities $ &Pren - gKIpPpER R6D Limited Leading through innovation Tested towers & monopoles • We have strengthened our • We are assuring our clients by innovation capabilities backed by our talented designing and R&D conducting prototype tests in our state-of-art test centers. 765 kV S/C 22
Slide 10: Performance & Financial Highlights – FY'23
Performance & Financial Highlights – FY’23 .--- % l l ·, 4 4 $ 4 1 I ' t 'a;• ' 4 I I ---------· t $ « ' v - .•@, gig ·.--�
Slide 11: FY'23 – The year of Many Firsts
Product FY’23 – The Portfolio year of Many Firsts 9KIPPER -L4mite Engineering Infrastructure Polymer Power Registered its best ever revenue Achieved highest ever Achieved highest ever Secured Our largest single order Transmission Railway Transmission UPVC quarter (Q4’23) – Rs.6,574 Mn , Tower Quarte
Slide 12: FY'23 – The year of Many Firsts & Achievements
Product FY’23 – The Portfolio year of Many Firsts & Achievements 9KIPPER -L4mite Engineering Infrastructure Polymer First Indian Pole manufacturer to successfully Design and Supply Transmission Monopoles structures to North America Successfully executed two transmission pole supply contracts with on
Slide 13: Positive Sector Development
Positive Sector Development 9KIPPER Limited Restoration of RODTEP The company will get The Inter-state Initiatives undertaken in Transmission System Plan Scheme in our benefitted from India and transmission system for recent budget (Fy’24) for integration of over 500 Engineering Product Australia fr
Slide 14: Business Update – Q4 & 12M FY'23
Business Update– Q4 & 12 M FY’23 9KIPPER -- Limited -- - Revenue Performance Highlights Strong revenue performance across major business segments in spite of inflationary cost push and geo-political - Export share in overall engineering revenue stood at 47% in 12M FY 23 - Operational Highlights Focu
Slide 15: Consolidated Financial Performance Q4 FY'23
Consolidated Financial Performance Q4 FY’23 9KIPPER L4fnitet Rs in Mn YoY QoQ Sl Profit & Loss Summary Q4 FY’23 Q4 FY’22 Q3 FY’23 Change % Change % 1 Revenues 6,573.6 5,526.5 18.9% 4,448.5 47.8% 2 Operating EBITDA (without forex & JV) 660.3 604.9 9.2% 497.2 32.8 % Operating EBITDA Margins (%) 10.0%
Slide 16: Consolidated Financial Performance – 12M FY'23
Consolidated Financial Performance – 12M Fy’23 9KIPPER L4fnitet Rs in Mn Sl Profit & Loss Summary 12M FY’23 12M FY’22 Change % 1 Revenues 19,803.0 17,070.8 16.0% 2 Operating EBITDA (without Forex & JV ) 2,168.0 1,487.8 45.7 % % of Revenue 11.0% 8.7 % +230 Bps 3 (+) Other Income 53.2 40.1 4 (-) Depre
Slide 17: Segment Report
Segment Report 9KIPPER L4fnitet Segment Profit & Loşs Summary Q4 FY'23 Q4 FY'22 Change % 12M FY23 12M FY'22 Change % Net Sales 4,974.2 4,121.7 20.7% 15,238.6 13,218.50 15.30% Engineering EBITDA - Operating 579.5 535.0 8.3% 1,954.1 1,416.2 38.0% Products % of Sales 11.7% 13.0% 12.8% 10.7% Net şales 1
Slide 18: Performance highlights – 12M FY'23
9KIPPER Performance highlights – 12M Fy ’23 L4fnitet Strong Revenue Performance across major business segments Stand Alone - Revenue D ii I Rs in Mn Segment - Revenue I 19,803 + 15 % 16% 15,239 17,071 13,218 + 27 % 4,060 3,200 - 23 % 505 652 12 M FY '23 12 M FY'22 Engg Polymer Infra ■ 12M Fy'23 ■ 12
Slide 19: Improvement Trends
Improvement Trends @KIPPERL4fnitet Consistent & Improved Operating Margin Performance 15.0% 12.7% 12.8% 10.8% 10.7% 10.0% 11.1% 8.8% 11.0% 9.8% 8.7% 7.3% 5.0% 4.1% 4.8% 3.3% 3.4% 2.1% 0.0% Fy'19 Fy'20 Fy'21 Fy'22 Fy'23 Stand Alone Engineering Polymer • Engineering margin have been improving and are
Slide 20: Efficient Debt Management
Efficient Debt Management 9KIPPER L4fnitet Standalone Debt Details 31.03.2023 31.03.2022 Inc / (Dec) Long Term Debt 1,919 2,120 (201) Current Maturities of Long Term 572 679 (107) Debt Total Long Term Debt 2,491 2,799 (308) Short Term Debt 2,349 2,868 (519) Gross Debt Level 4,840 5,667 (827) Debt Eq
Slide 21: Cash Flow & Utilization 12M FY'23
Cash Flow & Utilization 12 M FY’23 9KIPPER L4fnitet Cash used in Cash Flow from Capex Investments Operations Rs 849 million Rs 2,048 million Cash used in Interest, Total Outflow Tax and Dividend Total Inflows Rs 2,993 Million Rs 3,002 Million ) Working Capital Rs 1,162 million Changes Rs 917 million
Slide 22: Order Book Update – 31st March 2023
Order Book Update – 31st March 2023 @KIPPER -- Limited -- - Order Book Highlights The company has secured new orders worth Rs 4,100 million, during the - The order book, as on March 31st, 2023, stands at Rs 45,510 million, and is well- - The company has a robust bidding pipeline, actively pursuing p
Slide 23: Order Book Pie
Order Book Pie 9KIPPER L4fnitet Engineering Products Order Book Composition – March 2023 Total Order Book Segment Break up Rs 45,510 million Export 62% Domestic 20% 80% Order Breakup 20% 18% ■ Domestic ■ Export ■ T&D ■ Export ■ Non T&D Domestic Non T&D Products includes - Telecom, Railways, Solar, F
Slide 24: Order Inflow Trend
Order Inflow Trend 9KIPPER L4fnitet FY ’23 Total inflows - Rs 41,370 Mn FY ’23 Export Inflow - Rs 6,940 Mn Achieved highest ever order inflow for any 28,630 quarter Rs in Miilion Consistently clocked inflows in excess of 4,000 mn for the past many quarters 4,530 5,010 4,230 4,610 3,810 4,030 4,100 2
Slide 25: Strong Bidding Pipeline
Strong Bidding Pipeline 9KIPPER L4mite Strong Bidding Pipeline of 101,200 Million as on 31st March 2023; International – 66,000 Mn & Domestic - 35,200 Mn Expecting International Ordering & Execution to gain further pace in FY’24; In advanced Stages of negotiation to secure some good size Internation
Slide 26: Emphasizing Export Expansion
Emphasizing Export Expansion 9KIPPER -- Limited -- - Increased Export Growth Potential - Favorable Business Climate - Enhanced Brand Positioning International Certifications Certification CFE/LAPEM Country Mexico Targeting a significant increase in Post Covid India has emerged as a Recent establishm
Slide 27: Global Footprints
Global Footprints 9KIPPER Limited South America Europe • Peru • UK • Colombia • Spain • Chile • Paraguay Africa • Panama •Kenya • Uruguay •Egypt •Ghana •Nigeria Middle east •Zambia • Jordan •Sierra Leone • Saudi Arabia •Guinea UAE •South Africa • Qatar •Botswana •Burundi •Angola South and South East
Slide 28: Polymer Products Business
Polymer Products Business >
Slide 29: Theory of Constraints
Theory of Constraints 9KIPPER -- Limited -- Skipper is the only Indian Partnering benefits and Robust Processes & Consistent availability of polymer pipe company to Systems in place to improvement in ROI to entire range of products implement Theory of improve profitability dealers and distributors a
Slide 30: Polymer Highlights
Polymer Highlights 9KIPPERL4fnitet Achieved Highest ever Annual Revenue performance on back of Major Highlights strong volume growth Only Polymer Pipe company in India to implement TOC 4,060 into its operation with Growing National presence. Rs in Miilion Company on boarded two renowned crickete
Slide 31: Polymer Growth Drivers
Polymer Growth Drivers @KIPPERL4fnitet - The PVC and Fittings market, estimated to be worth approximately Rs 300 billion in FY 2020, is - Growing PVC pipe demand in India fueled by government initiatives like - The Jal Jeevan Mission (JJM) initiative aims to provide tap water predicted to reach Rs 5
Slide 32: Skipper Pipes appoints Brand Ambassadors
Skipper Pipes appoints Brand Ambassadors 9KIPPER L4fnitet Skipper Pipes on boarded M S Dhoni and Chris Gayle as brand ambassadors $KIPPER -PIPES- conn0 04 4 to help raise awareness about safe water supply. SK/PPER FOR LIFE For Indians, Dhoni is not just a cricketing icon but also an embodiment of va
Slide 33: Skipper Pipes – 100% Lead Free Campaign
Skipper Pipes – 100% Lead Free Campaign 9KIPPER L4fnitet '4!ll $KIPPER pip[S- Skipper Pipes have been certified with highest standard of NSF 14. The campaign aims at creating awareness about 100% lead free and NSF 14 certified CPVC pipes for Indian households and the importance of using best in clas
Slide 34: Future Performance Outlook
Future Performance Outlook 9KIPPER Limited - Company expects to clock revenue growth in excess of 25% CAGR for the next 3 financial years on back of strong pending execution engineering contracts and strong polymer segment performance ; - Diversification into international markets and sectors will h
Slide 35: Shareholding Pattern
Shareholding Pattern 9KIPPER --- Limited --- Shareholding pattern As on 31st March 23 Major Institutional Shareholders As on 31st March 23 Name % Promoters 71.89% Baillie Gifford - Pacific Horizon 4.3% Investment Trust Foreign Ocean Dial Asset Management India 3.5 % Portfliio Investors (ICGF) 9.63%
Slide 36: Social and Environment Initiatives
Social and Environment Initiatives 9KIPPER L4fnitet Skipper cares Our company's journey towards contributing to society began long ago, and we have always believed that it's an integral part of our ecosystem. To ensure that our efforts are focused and effective, we have developed a CSR Framework in
Slide 37: Social and Environment Initiatives
Social and Environment Initiatives 9KIPPER Limited - � BETI PADHAO , ABHIY Investor Presentation | May 2023 36
Slide 38: Environmental, Social and Governance (ESG)
Environmental, Social and Governance (ESG) 9KIPPER -- Limited In April 2022, installed 90 KLD capacity STP to promote water conservation and explore opportunities for reusing of treated sewage water. Especially designed engineered bacteria have been used for treatment of generated sewage Clean Fuel
Slide 39: Environmental, Social and Governance (ESG)
Environmental, Social and Governance (ESG) 9KIPPER --- Limited --- TATA POWER SLAROOF .r. TATA t @) suPERGAs' gs .5 •'1;-· ANNUAL CARBON SAVINGS CERTIFICATE , ,e;:,.. ~A congratulations M/s Skipper Limited for f continuing your Carbon Reduction through LPG g Your carton oftset in this process is_508
Slide 40: Recognition
Recognition 9KIPPER Limited Recognized Great place to work 2 years consecutively Great Place To AWARD: THE LARGEST TOWER SUPPLIER FOR 3rd AWARD: EMERGING POWER EPC AWARD: GLOBAL HR AWARD: NO. 1 EMERGING BRAND Work. Image to Come CONSECUTIVE YEAR GIVEN BY: PLAYER GIVEN BY: EPC WORLD EXCELLENCE GIVEN
Slide 41: Thank you / Disclaimer
DISCLAIMER This Investor Presentation has been prepared by Skipper Limited for investors, solely for informational purposes. The information contained herein has been prepared to assist prospective investors in making their own evaluation of the Company and does not purport to be all-inclusive or to
Slide 42: Conference Call
Centrum Broking Limited Cordially invites you to a Conference Call with the Management of @KIPPER Limited Skipper Ltd Agenda: Discussion on Q4FY23 & FY23 results and future outlook I Company Management Mr. Sharan Bansal Director Mr. Shiv Shankar Gupta CFO Mr. Aditya Dujari DGM Finance and IR Express