Man Industries (india) Limited · NSE:MANINDS
Man Industries (india) — Q2 FY24 Earnings Presentation
19 slides from Man Industries (india)'s earnings presentation, Nov 9, 2023
Slide 1: Regulation 30 cover letter to stock exchanges
November 9, 2023 To, To, BSE Limited National Stock Exchange of India Ltd 1st Floor, New Trading Ring, Exchange Plaza, 5th Floor, Rotunda Building, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Mumbai. Bandra (E), Mumbai 400 051. Scrip Code - 513269 Scrip ID –
Slide 2: Earnings Presentation Q2/H1-FY24
1 Earnings Presentation Q2/H1-FY24
Slide 3: Snapshot
2 Snapshot Among leading manufacturer of 3 state of art manufacturing large diameter pipes with 3 facility with 6 production lines 1.15 Million+ MTPA Decades of presence in Pipe Strategically located units to cater Total installed capacity Industry export market API grade LSAW, HSAW, ERW, 25+ Years
Slide 4: Company Overview
3 Company Overview • Man Industries (India) Ltd. (MAN), was incorporated in 1988 and is the flagship company Total Income (INR Mn) & EBITDA Margins (%) of the Man Group promoted by the Mansukhani family and is listed on National Stock 20,966 21,574 22,190 Exchange (NSE) & Bombay Stock Exchange (BSE)
Slide 5: Marquee Clientele across Globe
4 Marquee Clientele across Globe Domestic Clients International Clients EARNINGS PRESENTATION
Slide 6: Manufacturing Prowess
5 Manufacturing Prowess • Man Industries (India) Ltd. has three plants: two plant in Anjar, Kutch District of Gujarat and other in Pithampur, Madhya Pradesh spread over a total of 180 acres. • The combined manufacturing capacity of all plants is 1.15 Mn TPA of LSAW, HSAW and ERW Pipes with strong co
Slide 7: Enhancing the Product Mix
6 Enhancing the Product Mix Current Capacity Projected Capacity o Working towards optimum utilization of current capacity, o Further diversification into Seamless Stainless Steel Pipe to Identification of area of improvement in current setup and serve the Chemical, Oil & Gas, Fertilizers industry. u
Slide 8: Well poised to capture increasing industry opportunities
7 Company Well poised toSnapshot capture increasing industry opportunities ERW 6” to 18” Diameter size (API Project Cost 1,25,000 MTPA Completed in Q4 FY23 Grade) Approx. INR 170 Cr Stainless Steel (Seamless Pipe) 20,000 0.5” to 5” Diameter size (API Project Cost Expected to be completed MTPA Grade)
Slide 9: Financial Highlights
8 Financial Highlights EARNINGS PRESENTATION
Slide 10: Q2/H1-FY24 Key Financial Highlights
9 Q2/H1-FY24 Key Financial Highlights Q2-FY24 Standalone Financial Performance Q2-FY24 Consolidated Financial Performance H1-FY24 Consolidated Financial Performa INR 10,265Mn INR 951 Mn INR 10,370 Mn INR 887 Mn INR 15,158 INR 1,354 Total Income EBITDA Total Income EBITDA Total Mn Income MnEBITDA 9.2
Slide 11: Q2-FY24 Operational Highlights
10 Q2-FY24 Operational Highlights • The current unexecuted order book as on date stands at Rs. 1400 Crores, to be executed within the next 6 months. • The company continues to have outstanding bids as on date of approx. Rs. 14,000 Crores at various stages of evaluation for several Oil, Gas and Water
Slide 12: Quarterly Consolidated Financial Performance
11 Quarterly Consolidated Financial Performance Particulars (INR Mn) Q2-FY24 Q2-FY23 Y-o-Y Q1-FY24 Q-o-Q Revenue from Operations 10,180 4,651 118.9% 4,904 107.6% Other Operational Income* 190 (256) NA (17) NA Total Income 10,370 4,395 135.9% 4,887 112.2% Total expenses 9,483 4,498 110.8% 4,436 113.8
Slide 13: Half Yearly Consolidated Financial Performance
11 Half Yearly Consolidated Financial Performance Particulars (INR Mn) H1-FY24 H1-FY23 Y-o-Y Revenue from Operations 14,985 9,756 53.6% Other Operational Income* 173 (181) NA Total Income 15,158 9,575 58.3% Total expenses 13,804 9,381 47.2% EBITDA 1,354 194 597.9% EBITDA Margins (%) 8.93% 2.03% 690
Slide 14: Historical Consolidated Income Statement
12 Historical Consolidated Income Statement Particulars (INR in Mn) FY21 FY22 FY23 H1-FY24 Revenue from Operations 20,802 21,386 22,313 14,985 Other Operational Income* 164 188 (123) 173 Total Income 20,966 21,574 22,190 15,158 Operating Expenses 18,751 19,580 20,941 13,804 EBITDA 2,215 1,994 1,249
Slide 15: Historical Consolidated Balance Sheet
13 Historical Consolidated Balance Sheet Particulars (INR Mn) FY22 FY23 H1-FY24 Particulars (INR Mn) FY22 FY23 H1-FY24 EQUITY AND LIABILITIES ASSETS Equity Share Capital 296 301 301 Non-Current Assets Property, Plant and Equipment 3,120 4,841 4,926 Other Equity 9,126 9,741 11,417 Right-of-use Assets
Slide 16: Historical Consolidated Financial Performance
15 Historical Consolidated Financial Performance Revenue (INR Income Total Mn) & Gross (INRMargins Mn) (%) Revenue EBITDA (INRMn) (INR Mn)& & Gross EBITDAMargins (%) (%) Margins Revenue (INRMn) PAT (INR Mn)& & Gross Margins (%) PAT Margins (%) 22,190 1,008 1,016 20,966 21,574 2,215 1,994 15,158 680
Slide 17: Capital Market Data
15 Capital Market Data 1 Year Stock Performance (up to 30th September, 2023) 130% 110% 90% 70% 50% 30% 10% -10% -30% -50% Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Man Industries Sensex Market Data (As on 30th September, 2023) Shareholding Pattern (As on 30t
Slide 18: Disclaimer
16 Disclaimer Man Industries Ltd. 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 19: THANK YOU
17 THANK YOU EARNINGS PRESENTATION
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