Slide 1: Exchange filing cover letter
August 23rd , 2024 To, To, Bombay Stock Exchange, National Stock Exchange of India Limited, Listing Department, Listing Department Exchange Plaza, C-1 Block-G, P.J. Tower, Dalal Street ,Fort, Bandra-Kurla Complex, Mumbai-400001 Bandra(E), Mumbai-400051 Sub: Investor Presentation Dear Sirs, With refe
Slide 2: Investor Presentation Q1FY25
INVESTOR PRESENTATION Q1FY25
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by DP Wires 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 securities, a
Slide 4: Table of Content
Table of Content Performance Highlights 01 Company Overview 02 Growth Drivers 03 Q1FY25 – Investor Presentation 3
Slide 5: Robust Growth Over the Years; FY24 – Stable Performance, Despite Challenging Environment
Robust Growth Over the Years; FY24 – Stable Performance, Despite Challenging Environment Revenue (Rs Mn) EBITDA (Rs Mn) PAT (Rs Mn) 540 12,145 497 410 10,023 363 398 332 291 6,124 241 4,661 233 167 2,839 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 Debt/Equity (X) ROE (
Slide 6: Q1FY25 – Impacted mainly due to Weakening Global Prices and Elections in India
Q1FY25 – Impacted mainly due to Weakening Global Prices and Elections in India Revenue EBITDA PAT Steel Wire Sales Rs 1,833 Mn Rs 100 Mn Rs 72 Mn 18,447 MT (Rs. 2,657 Mn in Q1FY24) (Rs. 155 Mn in Q1FY24) (Rs. 111 Mn in Q1FY24) ( 24,907 MT in Q1FY24) Key Business Highlights ▪ Global steel prices were
Slide 7: Profit & Loss – Q1FY25
Profit & Loss – Q1FY25 Particulars (Rs Mn) Q1FY25 Q1FY24 Y-o-Y (%) Q4FY24 Q-o-Q (%) FY24 FY23 Y-o-Y (%) Net Revenue 1,833 2,657 -31% 2,085 -12% 10,023 12,152 -18% Total Expenses 1,733 2,502 1,950 9,526 11,605 EBITDA 100 155 -36% 135 -26% 497 547 -9% EBITDA Margin 5.4% 5.8% -40 bps 6.5% -103 bps 5.0%
Slide 8: Company Overview
Company Overview Q1FY25 – Investor Presentation 7
Slide 9: 25+ Years of Excellence and Building Competencies…
25+ Years of Excellence and Building Competencies… 2019 – 2024 • Migrated to NSE Mainboard in Jan-20 • Turnover crossed Rs 1,000 Cr in FY23 One of the leading manufacturers • Wire Division capacity increased to 100,000 MT and suppliers of Steel Wires • Forayed into export markets – Bangladesh, USA a
Slide 10: …To One of the Leading Players in Steel Wires
…To One of the Leading Players in Steel Wires ▪ Established in the year 1998, DP Wires is India’s one of the leading manufacturers and suppliers of Steel wires, and Plastic films which find its application in industries like Oil & Gas, Power, Environment, Civil, Energy, Automobile, Infrastructure et
Slide 11: Experienced Management at the Helm
Experienced Management at the Helm Mr. Kantilal Kataria, Non-Executive Director ▪ The genius behind the DP wires, currently working as the Non-Executive Director of the company ▪ Graduated as BE Mechanical from GSITS Indore (M.P.) Gold Medalist in the year 1970. ▪ Having experience of 50+ Years in s
Slide 12: Company's State-of-the-art Facilities
Company’s State-of-the-art Facilities ▪ Sourcing – TATA Steel, JSW, Electro steel ▪ 100,000 MT capacity of Wires ▪ Growth - Sufficient space to plan future capacity expansion with minimum capex Integrated Facilities Under One Roof Sourcing of raw material ➔ Pickling ➔ Wire Drawing ➔ Stranding ➔ Insp
Slide 13: Strategically Located – Close to all demand centers
Strategically Located – Close to all demand centers Domestic International Centrally Located Manufacturing USA Plant that can cater to Northern and Southern Markets Delhi Nepal Noida In between India's major metro cities i.e., Mumbai & Delhi Ratlam Ratlam Ahmedabad (1,00,000 MT – Capacity) Kolkata I
Slide 14: Steel Products - Wide Product Portfolio
Steel Products - Wide Product Portfolio LRPC Strands Features Uses ▪ Low Relaxation Pre-Stressed Concrete Steel ▪ To prestress the concrete in different Quality & Reliability Strands which are used in pre-stressing of types of construction works concrete for different kind of construction ▪ Use in H
Slide 15: Long Standing Relationships with Marquee Clients
Long Standing Relationships with Marquee Clients Approved Supplier in Approved Supplier in Metro Supplier of most of the mall Bullet Train Project Projects of India constructions in Mumbai, Delhi National Highways Nuclear Power Kolkata Metro Gujarat Metro Rail Madhya Pradesh Metro J Kumar Infra Auth
Slide 16: Business Strength
Business Strength Q1FY25 – Investor Presentation 15
Slide 17: Consistently Growing Capacity and Sales Volumes
Consistently Growing Capacity and Sales Volumes Capacity (MT) - 3x in 5 Years Consistently Growing Sales Volume 85,943 Expanded capacity by 83,764 100,000 ~16,000 MT to ~100,000 MT in H1FY24… 67,347 …Unutilized Capacity available - Potential for sales volume growth 50,503 46,737 28,304 FY17 FY24 FY2
Slide 18: Well Placed to Continue the Growth Trajectory
Well Placed to Continue the Growth Trajectory Capacity Expansion Market Expansion • Domestic Market – Deepening relations with Expanded capacity by ~16,000 MT to ~100,000 MT Existing clients in H1FY24 • Export Market - Foraying into Newer Geographies Product Expansion Sector Opportunity Product (LRP
Slide 19: Industry Drivers
Industry Drivers • Indian steel industry is poised for significant growth in FY25, with varying forecasts suggesting a demand increase between 9% - 12%. • Rating Agencies revised its steel demand growth forecast for FY25 to 9-10%, up from an earlier estimate of 7-8%. • Continued investment in infras
Slide 20: SWOT Analysis
SWOT Analysis STRENGTH WEAKNESS • Strong and proven track record of delivering growth through innovation • Competition from larger established peers • Resilient business model that has withstood multiple business cycles S • Players from unorganised sector pose price challenges in the medium term • D
Slide 21: Annual Profit & Loss
Annual Profit & Loss Particulars (Rs Mn) FY20 FY21 FY22 FY23 FY24 Net Revenue 2,839 4,667 6,124 12,145 10,023 Total Expenses 2,606 4,335 5,726 11,605 9,526 EBITDA 233 332 398 540 497 EBITDA Margin 8.2% 7.1% 6.5% 4.4% 5.0% Depreciation 20 22 25 35 40 Interest Cost 13 11 21 20 29 Other Income 23 31 36
Slide 22: Balance Sheet Trend
Balance Sheet Trend Liabilities (Rs Mn) Mar - 22 Mar - 23 Mar - 24 Assets (Rs Mn) Mar - 22 Mar - 23 Mar - 24 Total Equity 1,518 1,915 2,262 Non-Current Assets 297 341 360 Share Capital 136 136 155 PPE 184 199 208 Other Equity 1,382 1,779 2,107 Other Non-Current Asset 1451 0 153 Non-Current Liabiliti
Slide 23: Cash Flow
Cash Flow Particulars (Rs Mn) FY22 FY23 FY24 Net cash generated from Operating Activities (A) 45 455 236 Net cash used in Investing Activities (B) -48 -61 -45 Net cash used in Financing Activities (C) 29 -148 -57 Net (decrease)/ increase in cash and cash equivalents (A+B+C) 26 247 134 Add: Cash & Ca
Slide 24: Stock Information
Stock Information 1 year Stock Performance (Price-Volume) 750 9.0 Shareholding Pattern 700 8.0 (as on Jun ’24) 650 7.0 600 6.0 550 Public (in Lakhs) 5.0 500 25.2% 4.0 450 3.0 400 Promoters 74.8% 2.0 350 300 1.0 250 0.0 Aug-23 Sep-23 Oct-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-
Slide 25: Thank You
Thank You 16-18A, Industrial Estate, Ratlam – 457001 A – 405, Kanakia Wallstreet, Andheri (East), Mumbai Ms. Krutika Maheshwari Ms. Pooja Sharma Company Secretary & Compliance Officer pooja.sharma@stellar-ir.com investors@dpwires.co.in +91-99309 53861 Investor Relations Mr. Vishal Mehta investors@dp