Ram Ratna Wires Limited · NSE:RAMRAT
Ram Ratna Wires — Q2 FY25 Earnings Presentation
37 slides from Ram Ratna Wires's earnings presentation, Oct 28, 2024
Slide 1: Exchange intimation letter under Regulation 30
28th October, 2024 Corporate Relationship Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C-1, Phiroze Jeejeebhoy Towers, Block G, Bandra – Kurla Complex, Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Script Code: 522281 Symbol: RAMRAT Sub: I
Slide 2: Investor Presentation - Q2 & H1 FY25
RAM RATNA WIRES LIMITED INVESTOR PRESENTATION- Q2 & H1 FY25
Slide 3: Safe Harbor
Safe Harbor Ram Ratna Wires Ltd This presentation and the accompanying slides (the “Presentation”), which have been prepared by Ram Ratna Wires Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or sub
Slide 4: Company Overview
Ram Ratna Wires Ltd Company Overview
Slide 5: The Journey So Far
The Journey So Far Ram Ratna Wires Ltd "From a Modest Electrical Trading Shop to India's Leading Winding Wire Manufacturer” 1992 1997 2011 2018 2022 2024 Incorporation 1st ISO Certification JV in Bangladesh Commencement of NSE Listing & 1:1 Bonus • Board approval for of Ram Ratna Wires Ltd on With t
Slide 6: Evolution of the Company
Evolution of the Company Ram Ratna Wires Ltd FY15 FY20 FY24 • Wires: Enameled Copper & Aluminium, • Wires: Enamelled Copper & Aluminium, Submersible, Braided, Bonded, Corona, Litz, Paper Covered • Wires: Enamelled Copper & Aluminium, Submersible, Braided, Bonded, Corona, Litz, Paper Covered • Strips
Slide 7: At a Glance
At a Glance Ram Ratna Wires Ltd Near 3decades of India’s Leading India’s Only Manufacturer Normalized ROCE* Manufacturing expertise Manufacturer of super Offering widest range of enamelled 23% enameled copper winding wires wires (0.016 mm – 5.000 mm) 85-90% Extensive Distribution Network Supplies 70
Slide 8: Diverse Range of Products & Applications
Diverse Range of Products & Applications Ram Ratna Wires Ltd Enamelled Copper Wires Enamelled Copper Strips Submersible Winding Wires Paper Covered Strips • Motors • Transformers • Various types of • Power Transformers • Generators • Submersible Transformers • Distribution • Automotives Pumps Motors
Slide 9: State-of-the-Art Manufacturing Facilities
State-of-the-Art Manufacturing Facilities Ram Ratna Wires Ltd Current Capacity New Expansion 3 state of the art Manufacturing plants Bhiwadi, Rajasthan Dadra & Nagar Haveli & Daman & Diu +24% 49,200 MT Installed Capacity 39,600 MT 24000 MTPA Expected to be commenced by FY25 FY24 FY25 E Product capab
Slide 10: A Glimpse into Our Manufacturing Facilities
A Glimpse into Our Manufacturing Facilities Ram Ratna Wires Ltd 9
Slide 11: Bhiwadi Manufacturing Facility (In Process)
Bhiwadi Manufacturing Facility (In Process) Ram Ratna Wires Ltd
Slide 12: Our Esteemed Board of Directors
Our Esteemed Board of Directors Ram Ratna Wires Ltd Shri Tribhuvanprasad Kabra Shri Mahendrakumar Kabra Shri Hemant Kabra Shri Hitesh Laxmichand Vaghela Chairman Managing Director President & CFO (Executive Director) Director Shri Rameshwarlal Kabra Chairman Emeritus Padma Shri Awardee (Trade & Indu
Slide 13: Strong Management Team
Strong Management Team Ram Ratna Wires Ltd Shri Satish Kumar Agarwal Shri Raj Narayan Singh Formerly Senior Vice President – Commercial now acting as a strategic advisor General Manager -Works to the Company Associated with the R R Group for over three decades, he is a CA and expert in Diploma in El
Slide 14: Testament to Our Quality
Testament to Our Quality Ram Ratna Wires Ltd Trust Assurance Associations Reliable supplier in Automotive industry American certifying Lab approval Quality & Specifications approved for applications in Indian Railway We are the proud member of ACMA with IATF 16949:2016 With top Quality, Environmenta
Slide 15: Commitment to Society
Commitment to Society Ram Ratna Wires Ltd HEMA Foundation is partnered With Various Schools & Universities in Formulating, Structuring and Implementing Value Education Programs 4 Lac+ 11,000+ 6,000+ Students Teachers Schools 14
Slide 16: HEMA Foundation's Key Achievements
HEMA Foundation’s Key Achievements Ram Ratna Wires Ltd HEMA Foundation and Govt of Rajasthan's HEMA Foundation entered into an MoU "Rajasthan School Education Council" with EduLeaders UP to gain outreach in entered into an MoU for Holistic 75 Districts across Uttar Pradesh. Education programs across
Slide 17: Expansion to High Growth Businesses
Ram Ratna Wires Ltd Expansion to High Growth Businesses
Slide 18: Global Copper Pvt. Ltd - Overview
Global Copper Pvt. Ltd - Overview Ram Ratna Wires Ltd Acquired – 60% Import Substitution (In ₹) ~ 70% of copper tubes presently imported Founded in 2010, Global Copper Pvt Ltd (GCPL) is a EBITDA Per tonne leading copper tube manufacturer, partnering with +11% industry giants like Daikin, LG, and Pan
Slide 19: EPAVO Electricals Pvt. Ltd - Overview
EPAVO Electricals Pvt. Ltd - Overview Ram Ratna Wires Ltd Joint Venture with Epack Durables Ltd Incorporated in 2020, Epavo Electricals Private Limited (EEPL) is India's youngest manufacturing company of BLDC motor for global markets. The Company is backed by RR Global and Epack Durable Limited, hav
Slide 20: Tefabo Product Pvt. Ltd - Overview
Tefabo Product Pvt. Ltd - Overview Ram Ratna Wires Ltd Manufacturing Facility (55000 Sq Ft) Acquisition - 60% Bengaluru, India About Tefabo Tefabo, established in 2018 is a key player in renewable energy components, engaged in the business of manufacturing fabricated components and assemblies having
Slide 21: Key Growth Drivers
Ram Ratna Wires Ltd Key Growth Drivers
Slide 22: Rising Demand for Winding Wires & Strips in India
Rising Demand for Winding Wires & Strips in India… Ram Ratna Wires Ltd India is ranked as world’s third- The demand for insulated metallic The enameled copper wires The growing demand is driven by largest cable market, consumed wire and cable in India is market is poised for robust rising disposable
Slide 23: Driving Growth in Product Applications
…Driving Growth in Product Applications Ram Ratna Wires Ltd Significant Rotating Transformers Meters Export Machines Expansion • India’s transformer market is • The demand for rotating • India’s government has set an • Industry exports are expected to set for strong growth, driven by machines in Ind
Slide 24: Financial Highlights
Ram Ratna Wires Ltd Financial Highlights
Slide 25: Q2 & H1 FY25 Financial Snapshot (Consolidated)
Q2 & H1 FY25- Financial Snapshot (Consolidated) Ram Ratna Wires Ltd (in ₹ Crs) Revenue from Operations EBITDA & EBITDA Margin (%) PAT & PAT Margin (%) 4.2% 4.0% 3.8% 1.9% 1.8% 1.8% +24.1% +14.3% +17.2% FY25 891.5 939.8 35.9 36.1 FY25 31.5 16.4 16.8 757.1 14.3 Q2Q2 Q2FY24 Q1FY25 Q2FY25 Q2FY24 Q1FY25
Slide 26: Q2FY25 Revenue Mix
Q2FY25 – Revenue Mix Ram Ratna Wires Ltd (in ₹ Crs) Revenue Mix (By Geography) Revenue Mix (By Business Segments) 89% 86% 89% 91% 10% 13% 11% 9% 1% 1% Q2FY24 Q2FY25 Q2FY24 Q2FY25 Domestic Export Enameled Wires & Strips Copper Tubes & Pipes Others 25
Slide 27: Segment Highlights (Enamelled wires & strips)
Segment Highlights (Enamelled wires & strips) Ram Ratna Wires Ltd Production (in MT) Sales (in MT) EBITDA per tonne (In Rs) +7.2% +7.1% +4.8% 9,472 9,441 31,212 32,700 Q2FY25 8,836 8,751 8,813 8,796 25,010 Q2FY24 Q1FY25 Q2FY25 Q2FY24 Q1FY25 Q2FY25 Q2FY24 Q1FY25 Q2FY25 +8.2% +7.4% 18,223 16,987 18,23
Slide 28: Segment Highlights (Copper Tubes & Pipes)
Segment Highlights (Copper Tubes & Pipes) Ram Ratna Wires Ltd Production (in MT) Sales (in MT) EBITDA per tonne (In Rs) +43.7% +42.9% +6.1% 1,362 1,316 1,336 1,291 99,403 Q2FY25 916 904 46,125 48,920 Q2FY24 Q1FY25 Q2FY25 Q2FY24 Q1FY25 Q2FY25 Q2FY24 Q1FY25 Q2FY25 +47.6% +47.0% +87.9% 2,679 2,628 74,5
Slide 29: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Ram Ratna Wires Ltd Profit & Loss Statement (INR. Crs) Q2 FY25 Q2 FY24 Y-o-Y Q1 FY25 Q-o-Q H1 FY25 H1 FY24 Y-o-Y Revenue from Operations 939.8 757.1 24.1% 891.5 5.4% 1,831.3 1,481.5 23.6% Cost of Materials Consumed 859.7 680.3 846.6 1,706.2 1,323.7 Purchase of st
Slide 30: Consolidated Balance Sheet
Consolidated Balance Sheet Ram Ratna Wires Ltd EQUITY & LIABILITIES (INR. Crs) Sep-24 Mar-24 ASSETS (Rs. Crs) Sep-24 Mar-24 Equity Share Capital 22.0 22.0 Property, Plant and Equipment 164.6 171.8 Other Equity 404.3 388.4 Capital work-in-progress 84.2 28.6 Non Controlling Interest 20.5 21.7 Goodwill
Slide 31: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Ram Ratna Wires Ltd Particulars (INR in Cr) Sep-24 Sep-23 Profit before Tax 44.2 35.6 Adjustment for Non-Operating Items 32.9 24.2 Operating Profit before Working Capital Changes 77.1 59.8 Changes in Working Capital -2.3 16.2 Cash Generated from Operations 74.8 76.1
Slide 32: Financial Performance Trend (Consolidated)
Financial Performance Trend (Consolidated) Ram Ratna Wires Ltd Revenue from Operations EBITDA PBT 2,983.2 109.5 119.0 72.6 74.6 2,649.6 108.7 64.4 2,288.6 FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 FY24 PAT Dividend (Rs/Share) * Normalised for Bonus 54.2 54.6 5.0# (1:1) equity in FY23 47.0 # Rs 2.50 Sp
Slide 33: Strong Financial Indicators (Consolidated)
Strong Financial Indicators (Consolidated) Ram Ratna Wires Ltd ROE Normalized ROCE Debt/Equity Ratio 19.2% 25.3% 0.40 22.6% 23.2% 14.4% 0.30 12.6% 0.26 FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 FY24
Slide 34: Historical Consolidated Profit & Loss Statement
Historical Consolidated Profit & Loss Statement Ram Ratna Wires Ltd Profit & Loss Statement (INR. Crs) FY24 FY23 FY22 Revenue from Operations 2,983.2 2,649.6 2,288.6 Cost of Materials Consumed 2690.1 2455.5 2043.9 Purchase of stock-in-trade 0.2 0.0 2.1 Changes in Inventories of Finished Goods and Wo
Slide 35: Historical Balance Sheet
Historical Balance Sheet Ram Ratna Wires Ltd EQUITY & LIABILITIES (INR. Crs) Mar-24 Mar-23 Mar-22 ASSETS (INR. Crs) Mar-24 Mar-23 Mar-22 Equity Share Capital 22.0 22.0 11.0 Property, plant and equipment 171.8 143.1 149.1 Non Controlling Interest 21.7 14.2 10.5 Capital work‐in‐progress 28.6 3.5 5.6 O
Slide 36: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Ram Ratna Wires Ltd Particulars (INR in Cr) Mar-24 Mar-23 Mar-22 Profit before Tax 74.6 64.4 72.6 Adjustment for Non-Operating Items 53.5 51.2 41.4 Operating Profit before Working Capital Changes 128.1 115.7 114.0 Changes in Working Capital 39.2 -33.5 54.4 Cash Gener
Slide 37: Ram Ratna Wires Limited contact details
Ram Ratna Wires Limited CIN: L31300MH1992PLC067802 Name – Mr. Saurabh Gupta Ms. Prachi Ambre Mr. Irfan Raeen Title – AGM - Company Secretary +91 83559 85370 Prachi.ambre@linkintime.co.in +91 97737 78669 Prachi.ambre@linkintime.co.in Irfan.raeen@linkintime.co.in Irfan.raeen@linkintime.co.in investorr