Power & Instrumentation (gujarat) Ltd. · NSE:PIGL
Power & Instrumentation (gujarat) — H1 FY25 Earnings Presentation
47 slides from Power & Instrumentation (gujarat)'s earnings presentation, Nov 12, 2024
Slide 1: Cover letter to stock exchanges
Date: 12-11-2024 To, To, THE NATIONAL STOCK EXCHANGE OF INDIA LIMITED, BSE Ltd. Exchange Plaza, Floor 25, P. J. Towers Dalal Street, Plot no. C/1, G Block, Mumbai - 400 001 Bandra-Kurla Complex Scrip Code:543912 Bandra (E), Mumbai-400051 Scrip Symbol: PIGL Dear sir/Madam, Sub: Investor Presentation
Slide 2: H1 FY25 Investor Presentation
AN ISO 9001 : 2015 COMPANY H1 FY25 Investor Presentation
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Power & Instrumentation (Gujarat) Limited (PIGL, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any secu
Slide 4: H1 & Q2 FY25 Financial Highlight
H1 & Q2 FY25 Financial Highlight 3
Slide 5: Q2 FY25 Consolidated Financials Highlights
Q2 FY25 Consolidated Financials Highlights Total Revenue EBITDA EBITDA Margin Net Profit Net Profit Margin 55.75 11.80 6.98 10.84 5.68 3.89 6.04 24.52 2.98 1.39 Q2 FY24 Q2 FY25 Q2 FY24 Q2 FY25 Q2 FY24 Q2 FY25 All Figures In ₹ Cr & Margin In % 4
Slide 6: Q2 FY25 Financials Performance
Q2 FY25 Financials Performance In ₹ Cr Consolidated Standalone Particulars Q2 FY25 Q2 FY24 Q2 FY25 Q2 FY24 Net Sales 54.93 24.33 54.93 24.33 Other Income 0.82 0.19 0.82 0.19 Total Income 55.75 24.52 55.75 24.52 Cost of Consumption 46.72 19.68 46.72 19.68 Employee Benefit Expenses 0.95 0.86 0.95 0.86
Slide 7: H1 FY25 Consolidated Financials Highlights
H1 FY25 Consolidated Financials Highlights Total Revenue EBITDA EBITDA Margin Net Profit Net Profit Margin 81.74 11.99 11.86 7.04 9.69 5.76 5.14 46.62 5.59 2.39 H1 FY24 H1 FY25 H1 FY24 H1 FY25 H1 FY24 H1 FY25 All Figures In ₹ Cr & Margin In % 6
Slide 8: H1 FY25 Financials Performance
H1 FY25 Financials Performance In ₹ Cr Consolidated Standalone Particulars H1 FY25 H1 FY24 H1 FY25 H1 FY24 Net Sales 80.39 46.29 80.39 46.29 Other Income 1.35 0.33 1.35 0.33 Total Income 81.74 46.62 81.74 46.62 Cost of Consumption 65.89 37.47 65.89 37.47 Employee Benefit Expenses 1.74 1.68 1.74 1.68
Slide 9: Company Overview
Company Overview 8
Slide 10: Comprehensive Electrical Solutions PIGL's Expertise
Comprehensive Electrical Solutions PIGL's Expertise Founded in 1975, Power & Instrumentation (Gujarat) Ltd. (PIGL, The Company) has established itself as a leading force in the electrical contracting sector, specializing in providing comprehensive Engineering, Procurement and Construction (EPC) solu
Slide 11: PIGL's Commitment: Mission, Vision, & Values
PIGL’s Commitment: Mission, Vision, & Values Mission Vision Statement Values We want to dedicate our experience & expertise in Be the leader in providing integrated solutions for The core essence of the company is the values on which it providing energy efficient services. We want to blend our engin
Slide 12: Key Facts & Figures
Key Facts & Figures 49+ 310+ 100+ 100+ Years Of Experience Successfully Delivered Projects Clients Staffs Across India The only company to ₹ 320 Cr 8 have successfully completed more than ₹ 85+ Cr Ongoing Works Offices Across Pan India 35 airport projects Bided Tender FY24 ₹102.03 Cr ₹12.36 Cr ₹5.90
Slide 13: Key Milestones in PIGL's Journey
Key Milestones in PIGL's Journey Secured a significant Contract, for the development Formed Proprietary of a Substation at Became part of the Company, Power & Sardar Vallabhbhai telecom revolution & Instrumentation International receives orders from BSNL Airport, Ahmedabad, 1975 1990 Listed in Stock
Slide 14: Business Overview
Business Overview 13
Slide 15: A Strong Industry Presence
A Strong Industry Presence SERVICE AREAS Semi Govt. & Public Sector Undertaking Central Govt. Organizations Telecom Companies Leisures Hospitals Industries & Companies Architect & Consultants State Government Specialized in “A” Class Electrical Electrical EPC Complete turnkey Specialized Solar & ene
Slide 16: Business Segments
Business Segments Engaged with both government and private sectors, including Ford India, Partnering with prominent distribution Undertaking electrification & Arvind mills, Crowne plaza & others, companies to enhance our reach and power supply projects for government textile units, and Bharat servic
Slide 17: PIGL's Marquee Clients
Trusted By Top Industry Leaders PIGL’s Marquee Clients 16
Slide 18: PIGL's Current Operational Footprint
PIGL’s Current Operational Footprint State Key Projects Ahmedabad International Airport Ltd -Adani Gujarat Airport Authority of India -Mumbai Rajasthan Ajmer Vidhyut vitran nigam Ltd Jharkhand Jharkhand Bijli Vitran Nigam Limited 1. Assam Power Distribution Company Limited Assam 2. Public Health Eng
Slide 19: Key Airport Electrical Infrastructure Projects by PIGL
Key Airport Electrical Infrastructure Projects by PIGL Some of the notable projects are : Geographical Projects Locations Footprint of PIGL's Srinagar Airport Projects Substation Development Project at Sardar Vallabhbhai Jammu Ahmedabad International Airport, Ahmedabad Amritsar Construction of new I
Slide 20: Order Book Current Contracts & Progress
Order Book Current Contracts & Progress Work on hand as on date Remaining Value of Work as Value of contracts Cost of Work Executed on date ₹ 316.01 Cr ₹ 88.00 Cr ₹ 227.99 Cr These contracts include direct contracts, subcontracts, as well as those secured through joint ventures. Orders on Royalty ba
Slide 21: Recently Received Projects
Recently Received Projects Substation Development Project at Sardar Vallabhbhai International Airport, Ahmedabad Client Ahmedabad International Airport Ltd. (Adani Group) Contract Value ₹20.93 Cr Project Timeline To be completed and delivered by 31.12.2024 New Contracts Awarded Under Mukhyamantri Uj
Slide 22: Capital Raise Through Equity Shares & Warrants
Capital Raise Through Equity Shares & Warrants The Company has Raised Fund of ₹ 71.48 Cr by issuing the Preferential equity Shares & Convertible Equity Warrants to Promoter & Non Promoter Groups. The Funds will be utilized to To support the acquisition of a Explore new business Enhance its competiti
Slide 23: Strengthening Market Position through Peaton Electrical Acquisition
Strengthening Market Position through Peaton Electrical Acquisition The Company is Acquiring controlling stakes in Peaton Electrical Company Limited About Peaton Electrical Company Limited Incorporated in 2006 & manufacturing Electrical Distribution Panels, Compact Sub-Stations, and Bus Trunking Sys
Slide 24: Management Overview
Management Overview 23
Slide 25: Leadership Team: Board Of Directors
Leadership Team: Board Of Directors Mr. Padmaraj Mr. Sumeet Dileep Mr. Amit R. Mrs. Kavita Pillai Mr. Manav Rastogi Padmnabhan Pillai Agnihotri Uttamchandani Chairman & Non –Executive Independent Director - Non- Managing Director Executive Director Independent Director Director Executive Mr. Padmara
Slide 26: Key Personnels Dedicated To Excellence
Key Personnels Dedicated To Excellence Mr. Kuldeep Singh Mr. Rajender Saini Mr. Anu Nair Mr. Venugopal Mr. Rohit Maheshwari Rathod General Manager Dy . General Manager General Manger President (Operations) Chief Financial Officer (Projects) (Projects) (Estimation & Procurement) Mr. Kuldeep Rathod Mr
Slide 27: Experienced Advisors
Experienced Advisors Mr. Suresh Chander Mr. Ravi Bhamidipaty Mr. Harshit Shah Mr. Kartik Upadhyay Jarrel Mr. Ravi Bhamidipathi is a Mr. Harshit Shah is Mr. Suresh Chander Jarrel Mr. Kartik Upadhyay is a known face in the finance & Chartered Accountant with has retired from esteemed young technocrat
Slide 28: Industry Overview
Industry Overview 27
Slide 29: Overview Of India's Power Landscape
Overview Of India's Power Landscape Installed Electricity Generation Capacity (GW) India is the third-largest producer and consumer of electricity worldwide, with an installed power capacity of 442.85 GW as of April 30, 2024. 442 India's total installed power generation capacity has increased by app
Slide 30: Transforming India's Power Sector: RDSS & NSGM Initiatives
Transforming India's Power Sector: RDSS & NSGM Initiatives National Smart Grid Mission (NSGM) As of June 30th, the National Smart Grid Mission has approved a significant number of smart consumer meters across India. The total count stands at 222 million (22.24 Cr) sanctioned meters. Among these, Rev
Slide 31: Overview Of India's Renewable Energy Landscape
Overview Of India’s Renewable Energy Landscape Electricity Generation from RES (Billion Units) 216 o The International Energy Agency’s World Energy Outlook projects a 204 growth of renewable energy supply to 4,550 GW in 2040 on a 171 global basis. 147 138 127 102 o Installed renewable power generati
Slide 32: India's Solar Surge Powering The Future
India's Solar Surge Powering The Future India Solar Energy Market The Indian Solar EPC Market Due to its favorable location in the solar belt This led to a surge of new entrants, underscoring (400 S to 400 N), India is one of the best a dynamic solar industry ripe with abundant recipients of solar e
Slide 33: Financial Overview
Financial Overview 32
Slide 34: Financials Highlights (Consolidated)
Financials Highlights (Consolidated) Total Revenue EBITDA EBITDA Margin PAT PAT Margin 12.12 5.78 8.98 8.00 3.82 3.16 91.75 95.27 102.03 7.29 8.56 12.36 2.88 3.64 5.90 FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 FY24 All Figures In ₹ Cr & Margin In % 33
Slide 35: Financial Performance (Consolidated)
Financial Performance (Consolidated) In ₹ Cr Particulars FY24 FY23 FY22 Net Sales 100.63 94.26 91.28 Other Income 1.40 1.01 0.47 Total Income 102.03 95.27 91.75 Cost of Consumption 81.72 79.68 77.57 Employee Benefit Expenses 3.51 3.18 3.48 Other Expenses 4.44 3.86 3.41 Total Expenditure 89.67 86.72
Slide 36: Balance Sheet (Consolidated)
Balance Sheet (Consolidated) In ₹ Cr Assets FY24 FY23 FY22 Equities & Liabilities FY24 FY23 FY22 Non Current Assets Equity 12.63 12.64 8.58 Fixed assets 1.28 1.39 1.12 Other Equity 38.59 32.69 27.87 Non Controlling Interests 0.00 0.00 0.00 Non Current Investments 0.33 0.36 0.29 Net Worth 51.23 45.33
Slide 37: Cash Flow Statement (Consolidated)
Cash Flow Statement (Consolidated) In ₹ Cr Particular FY24 FY23 FY22 Cash from Operation 9.42 0.88 -2.62 Cash from Investments -0.16 -4.37 0.53 Cash from Financing -8.20 3.66 2.08 Net Cash Flow 1.06 0.17 -0.01 36
Slide 38: FY24 Performance (Standalone)
FY24 Performance (Standalone) In ₹ Cr Particulars FY24 FY23 FY22 Net Sales 97.49 93.09 91.28 Other Income 1.40 1.01 0.47 Total Income 98.89 94.09 91.75 Cost of Consumption 78.57 78.50 77.57 Employee Benefit Expenses 3.51 3.18 3.48 Other Expenses 4.44 3.86 3.41 Total Expenditure 86.52 86.72 84.46 EBI
Slide 39: Balance Sheet (Standalone)
Balance Sheet (Standalone) In ₹ Cr Assets FY24 FY23 FY22 Equities & Liabilities FY24 FY23 FY22 Non Current Assets Equity 12.63 12.63 8.58 Other Equity 38.58 32.66 27.85 Fixed assets 1.28 1.39 1.12 Non Controlling Interests 0.00 0.00 0.00 Non Current Investments 0.26 0.28 0.29 Net Worth 51.22 45.30 3
Slide 40: Cash Flow Statement (Standalone)
Cash Flow Statement (Standalone) In ₹ Cr Particular FY24 FY23 FY22 Cash from Operation 8.48 0.88 -2.62 Cash from Investments -0.16 -4.37 0.53 Cash from Financing -8.20 3.66 2.08 Net Cash Flow 0.12 0.17 -0.01 39
Slide 41: Key Ratios
Key Ratios (In %) (In %) ROE ROCE 18.44 11.5 16.57 7.91 7.97 12.13 FY22 FY23 FY24 FY22 FY23 FY24 (In Times) (In Times) Debt To Equity Interest Coverage 2.75 0.77 0.50 2.52 0.28 2.47 FY22 FY23 FY24 FY22 FY23 FY24 40
Slide 42: Key Ratios
Key Ratios (In Times) (In ₹) Current Ratio Book Value 1.68 42.44 40.54 1.52 1.47 35.86 FY22 FY23 FY24 FY22 FY23 FY24 41
Slide 43: Stock Data
Stock Data BSE: | 543912 NSE: | PIGL As on 12-11-2024 Shareholding Pattern As on 30-09-2024 Share Price (₹) 245.64 Market Capitalization (₹ Cr) 305.67 Promoter & Promoter Group 40.95 No. of Shares Outstanding 1,60,72,901 Public 59.05 Face Value (₹) 10.00 52 week High-Low (₹) 259.50 – 38.96 Share Per
Slide 44: Future Roadmap
Future Roadmap 43
Slide 45: PIGL's Growth Strategy: Diversifying & Innovating
PIGL's Growth Strategy: Diversifying & Innovating Expansion into Solar EPC and BESS 01 PIGL is diversifying into the solar EPC market and BESS, aligning with trends in renewable energy and digital energy solutions. Leveraging Government Initiatives 02 By bidding under the RDSS scheme, PIGL aims to c
Slide 46: Investment Rational
Investment Rational Eligibility for High-Value Contracts: Phased Growth Strategy: Strong Revenue Growth Forecast: By 2025, PIGL aims to qualify for larger orders The company is scaling up operations to PIGL anticipates a 50% year-on-year revenue valued at ₹300-350 Cr, enhancing its market strengthen
Slide 47: Thank You
Power & Instrumentation (Gujarat) Limited B-1104, Sankalp Iconic, Opp. Vikram Nagar, Iscon Temple Cross Road, S. G. Highway, Ahmedabad – 380054 admin@grouppower.org E-mail: admin@grouppower.org Phone: +91-79-40031612power-instrumentation.grouppower.org/ Website: power-instrumentation.grouppower.org/
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