Slide 1: Premier Explosives Limited Investor Presentation
P REMIER EXPLOSIVES LIMITED 1 INVESTOR PRESENTATION | NOVEMBER 14, 2019
Slide 2: Key Highlights – Q2FY20
Key Highlights – Q2FY20 Order Intake • Received an order worth Rs. 150 million from Bharat Dynamics ltd. For supply of solid propellant for MRSAM; to be executed with in the period of 14 months • Received an order from Vikram Sarabhai Space Centre (VSSC) for production of PSOM-XL (solid propellant)
Slide 3: Results Highlight- Q2 FY20
Results Highlight- Q2 FY20 (in Rs. mn) Operating Revenue Operating Profit Profit After Tax 535.4 23.6 432.3 52.1 26.0 10.6 Q2FY19 Q2FY20 Q2FY19 Q2FY20 Q2FY19 Q2FY20 Revenue Breakup (in Rs. Mn) Explosives Defence Services Total Q2FY20 267.2 111.3 53.8 432.3 Q2FY19 299.8 190.6 45.0 535.4 3
Slide 4: Results Highlight- H1 FY20
Results Highlight- H1 FY20 (in Rs. mn) Operating Revenue Operating Profit Profit After Tax 1,129.8 81.6 936.1 32.2 57.6 19.4 H1FY19 H1FY20 H1FY19 H1FY20 H1FY19 H1FY20 Revenue Breakup (in Rs. Mn) Explosives Defence Services Total H1FY20 633.9 202.1 100.1 936.1 H1FY19 715.1 314.3 100.4 1,129.8 4
Slide 5: Profit & Loss Statement
Profit & Loss Statement In Rs. Mn Q2FY20 Q2FY19 YoY (%) Q1FY20 QoQ (%) H1FY20 H1FY19 YoY(%) Revenue from Operations 432.3 535.4 -19.3% 503.8 -14.2% 936.1 1,129.8 -17.1% Expenses 406.3 483.3 472.2 878.5 1,048.2 Operating profit 26.0 52.1 -50.1% 31.6 -18.0% 57.6 81.6 -29.4% Operating Margins (%) 6.0%
Slide 6: Balance Sheet Highlights
Balance Sheet Highlights In Rs Mn Sep’19 Mar’19 Equity Share Capital 107.5 107.5 Other Equity 1,966.0 1,986.2 Long Term Borrowings 227.1 238.3 Other Liabilities 631.4 627.0 Total Liabilities 2,932.0 2,959.0 Net Fixed Asset Block 1,074.2 1,084.1 CWIP 497.8 348.3 Other Non-Current Assets 200.0 203.3 T
Slide 7: Improving Order Book
Improving Order Book Order Book Order Break-up 3,883 3,926 Explosives-743 (19%) 2,976 2,430 2,260 Services- 1,707 (43%) Defence- 1,476 (38%) Explosives Defence Services Mar'16 Mar'17 Mar'18 Mar'19 Sep'19 (in Rs. mn) 6
Slide 8: Company Overview
Company Overview
Slide 9: Pioneer in Explosives & Defence Sector…
Pioneer in Explosives & Defence Sector… A leading manufacturer of High Energy Materials • 1st in India to manufacture Explosives and Detonating fuels with indigenous technology • 1st in the world to produce Safer and Greener NHN detonators on commercial scale • 1st Private Company to manufacture Sol
Slide 10: Grew under leadership of Industry Veteran..
Grew under leadership of Industry Veteran.. Dr. A. N. Gupta T V Chowdary Supported by skilled workforce Chairman & Managing Director Dy. Managing Director • Over 1,400 Dedicated and Experienced • Recipient of ‘Udyog Rattan Award’ & ‘Pickering • A Chemical Engineer with over 35 years of Employees and
Slide 11: with impetus on Research & Development…
with impetus on Research & Development… Collaboration with Gulbarga University, IIT Madras and BITS Pilani for research in high energy materials World’s 1st producer of NHN based detonators on commercial scale much safer and greener than traditional ASA. o Licensed the technology to a US company Dev
Slide 12: & high focus on Safety at Manufacturing facilities
& high focus on Safety at Manufacturing facilities Bulk Explosives • Singrauli (Madhya Pradesh) • Chandrapur (Maharashtra) • Godavarikhani (Telangana) • Manuguru (Telangana) • Neyveli (Tamil Nadu) • Peddakandukur (Telangana) Defence & Space • Peddakandukur (Telangana) Detonator, Detonating fuse, Pac
Slide 13: Greenfield expansion at Katepally
Greenfield expansion at Katepally • Katepally Solid Propellant Plant is ready for Commercial Operations o Obtained License from Chief Controller of Explosives, Nagpur for production of solid propellant at the facility o Katepally plant would augment capacities & add new products to meet increasing d
Slide 14: Serving the critical needs of Industry
Serving the critical needs of Industry Commercial Explosives • Manufactures diverse range of commercial explosives for Mining & Infrastructure Industries • Product range includes Bulk Explosives, Cartridge Explosives, Cast Booster, Detonators, Detonating Fuse, etc Defence & Aerospace • Manufactures
Slide 15: Business Segments
Business Segments
Slide 16: Stable business of Commercial Explosives…
Stable business of Commercial Explosives… Manufacturing Explosives Products …. …for Clients in Mining & Infrastructure Industries Bulk Explosives Cast Boosters Cement Manufacturers Detonators Detonating Fuse Export to Countries Israel, Greece, Jordan, Turkey, Nepal, Thailand, Philippines, Indonesia,
Slide 17: With greater visibility of sustainable opportunity landscape
With greater visibility of sustainable opportunity landscape In Mining Industry In Infrastructure Industry • India's thermal coal consumption to reach 1,076 MT by 2022-23. • Government's impetus on infrastructure projects to boost the need Domestic supply to grow at CAGR of 7% to 931 MT for quarry s
Slide 18: Building Defence & Aerospace segment…
Building Defence & Aerospace segment… Manufacturing Products across segments …. Propellants Pyros Explosives Counter-measures Pyrogen igniters Pyro cartridges CL - 20 Chaffs Case-bonded propellants Pyro actuators HNS - IV Flares Free standing grains Smoke / flash generators Explosive bolts Fuel rich
Slide 19: with focus on enhancing Technological Capabilities…
with focus on enhancing Technological Capabilities… Unmatched Technological know-how and Research Capabilities…. …. and Industrial Licences from DIPP In-house development Production under ToT Defence Industrial Licenses • Pyrogen Igniters for Strategic missiles • Akash booster / sustainer grains • I
Slide 20: Enhancing product offering…
Enhancing product offering… for Indian Air Force On-going Under Development Chaffs & Flares 70 mm rockets Air-Glide bombs Air Target Imitators (for Air Defence & Indian Army Re-graining of existing missiles Indigenization of power cartridges Canopy severance system for Missile Programme Expanding pr
Slide 21: Contributing to India’s Prestigious Missile Programs
Contributing to India’s Prestigious Missile Programs Missile Type Stage Client End user PEL’s contribution Tactical, Bharat Dynamics Limited Indian Air Force and Supplied 2000+ booster grains Akash Production Surface to Air (BDL) Indian Army and 450+ sustainer grains Tactical, Production from 100% r
Slide 22: Increasing participation in India’s Space Program
Increasing participation in India’s Space Program Operations & Maintenance Under GOCO • Operating and Maintaining Solid Propellant plant of ISRO at SHAR under GOCO Contract for 10 years in Jan’2019 • Operating and maintaining the solid propellant plant of Advance Systems Laboratory (ASL) at Solid Fu
Slide 23: Defence : Opportunity landscape
Defence : Opportunity landscape Government enhances focus on “Make In India” in Defence Well positioned to enhance participation • India to spend USD 250 billion by 2025 on modernization of armed forces • Pioneer in manufacturing and supply solid propellants to India’s prestigious missile programs •
Slide 24: Space : Opportunity landscape
Space : Opportunity landscape Government to launch various Space Programme… • India to double the space mission to 12 missions per year in five-year period • In next 5 years, ISRO to launch various missions like Aditya L-1, Gaganyaan, Mars Orbiter Mission-2, Chandrayaan-3, Shukrayaan, etc. • ISRO to
Slide 25: Building Company with Vision - 2025
Building Company with Vision - 2025 Continue the Develop low cost Develop capacity for Meet the full Enter export market leadership in High processes and missile integration requirements of for defence products Energy Materials for techniques for ISRO’s strap-on and high energy defence and space pro
Slide 26: Financial Highlights
Financial Highlights
Slide 27: Profit & Loss Statement
Profit & Loss Statement In Rs. Mn FY19 FY18 Revenue from Operations 2,409 2,659 Expenses 2,175 2,459 Operating profit 234 200 Operating Margins (%) 9.7% 7.5% Other income 26 22 Depreciation 42 36 Interest 55 52 PBT 163 134 Tax 46 47 PAT 117 87 PAT Margins (%) 4.9% 3.3% 27
Slide 28: Balance Sheet Highlights
Balance Sheet Highlights In Rs Mn FY19 FY18 Equity Share Capital 108 106 Other Equity 1,986 1,876 Long Term Borrowings 65 78 Other Liabilities 800 1,002 Total Liabilities 2,959 3,062 Net Fixed Asset Block 1,084 999 CWIP 348 158 Other Non-Current Assets 204 127 Total Current Assets 1,323 1,778 Total
Slide 29: Awards & Appreciations
Awards & Appreciations Year Award Awarded By 2019 SME - Empowering India Awards 2019 in the Defense & Aerospace (Mid - Corporate) Hon'ble Union Minister of Steel 2016 HEMSI Honorary Fellowship to Dr. A.N.Gupta High Energy Materials Society of India 2015 Outstanding Entrepreneur Award Enterprise Asia
Slide 30: Contact Us
Contact Us PREMIER EXPLOSIVES LIMITED Mr. C. Subba Rao (CFO) / Ms Vijayashree (Company Secretary) Ms. Pooja Sharma/ Ms. Hina Agarwal csr@pelgel.com / cs@pelgel.com pooja.sharma@stellar-ir.com /hina@stellar-ir.com ‘Premier House’, 11 Ishaq Colony, Near AOC Center, Secunderabad 500 015 Kanakia Wall St