Macpower Cnc Machines Limited · NSE:MACPOWER
Macpower Cnc Machines — Q3 FY2024 Earnings Presentation
36 slides from Macpower Cnc Machines's earnings presentation, Jan 29, 2024
Slide 1: Cover letter to National Stock Exchange
CIN : L30009GJ2003PLC043419 January 29, 2024 L30009GJ2003PLC043419L300 09GJ2003PLC043419L30009GJ To, 2003PLC043419L30009GJ2003P Listing Compliance Department, LC043419L30009GJ2003PLC04 National Stock Exchange of India Limited Exchange Plaza, Plot no. C/1, G Block, 3419L30009GJ2003PLC043419L Bandra K
Slide 2: Macpower CNC Machines Limited Investor Presentation January 2024
Macpower CNC Machines Limited Investor Presentation January 2024 Refer to disclaimer 1
Slide 3: Disclaimer
Disclaimer This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any securities of Macpower CNC Machines Ltd (“Macpower”, "Company“), nor shall part, or all, of this document form the basis of, or be relied on in connection w
Slide 4: Contents
01 Performance highlights Business highlights | Performance highlights | Increasing focus on Defence | Management Commentary | Financial overview | Order book 02 Way Forward Future growth strategy & drivers | Competitive Advantage | Our ESG Efforts Contents 03 About Us Profile | Our Journey | Key Ma
Slide 5: Business Highlights Q3FY2024
Business Highlights Q3FY2024 High Value Machines sales and order inflows continue to grow 78Nos The company has manufactured and sold 78 high value machines during the quarter. Against this the company has received orders for 120 high value machines during the quarter Highest ever Machines sold duri
Slide 6: Key Performance Highlights for Q3FY24
Key Performance Highlights for Q3FY24 Revenue Rs 661.4 mn EBITDA Rs 100.9 mn Net Profit Rs 70.3 mn +24.8% YoY +80.8% YoY +101.4% YoY Higest ever revenue for Q3 and for any Highest ever EBITDA for Q3 and for any Highest ever net profit for Q3 and for any quarter quarter quarter Order book Rs 2364.4 m
Slide 7: Our Increasing focus on Defence & Aerospace Sectors
Our Increasing focus on Defence & Aerospace Sectors 200+ Machines 100+ Machines Machine for T90 Participating with supplied to 35 supplied to 6 Battle Tank parts Defence Factories of Defence Factories for Aviation HMC supplied to Engine ▪ DRDO-Brahmos Project, supplied to Factory AVADI for ▪ ISRO-Ch
Slide 8: Management Commentary
Management Commentary Mr Rupesh Mehta, CMD “We have continued on the momentum from Q2FY24 by delivering approx. 25%, 81% and 101% growth at Revenue, EBITDA and PAT levels respectively. Our strong order book and timely expansion done last year has helped scale up on our execution. We have continued t
Slide 9: Quarterly Financial Performance
Quarterly Financial Performance PARTICULARS (INR mn) Q3FY24 Q2FY24 Q3FY23 YoY% 9MFY24 9MFY23 YoY% Revenue from Operations 661.4 631.0 530.1 24.8 1697.0 1475.7 15.0 Total Expenditure 560.5 540.6 474.2 18.2 1,472.0 1,319.7 11.5 EBITDA 100.9 90.4 56.0 80.3 225.0 156.0 44.3 EBITDA Margin (%) 15.3 14.3 1
Slide 10: Order Book
Order Book Order book (as on 31th Dec 2023) As on Q3FY24 No. of Value Description Units (INR Mn) Opening order book (01.10.23) 1,032 1,907.94 Private orders received 592 1,077.51 Private orders executed 343 640.72 Govt. Order Received 4 29.46 Govt. Orders Executed 1 9.79 Unexecuted order book (31.12
Slide 11: Order Book Break up
Order Book Break up (As on 31th Dec, 2023) Number of Machines Total Value of Orders Advance received against order Type Status (Nos) (INR Mn) (INR Mn) Domestic Turning Center Order Received 940 1,376.56 56.11 VMC Order Received 310 769.40 23.53 HMC Order Received 1 8.70 0.40 VTL Order Received 7 27.
Slide 12: Annual Income Statement
Annual Income Statement PARTICULARS (INR Mn) FY18 (IPO) FY19 FY20 FY21 FY22 FY23 Revenue From Operations 1068.8 1398.5 819.8 1128.7 1901.2 2018.9 14% Total Expenses 954.9 1236.4 771.7 1036.9 1696.1 1812.2 REVENUE EBITDA 113.8 162 48.1 91.8 205.1 206.7 5 Yr CAGR EBITDA Margin 11.60% 5.90% 8.10% 11.00
Slide 13: Way Forward
Way • Competitive advantage Forward • Our ESG efforts 12
Slide 14: Way forward
Way forward Government initiatives 05 - Domestic manufacturers to get preference for govt. tenders below Rs 200 cr. Growing order book Plant Expansion 03 - PLI scheme and import substitution to drive Import replacement & demand for CNC machines. The company is in the process of growing domestic dema
Slide 15: Competitive advantage
Competitive advantage Lowest cost producer Zero Debt, FCF Positive Best Return Ratios High Asset Turnover High promoter holding Widest range of products Amongst all its peers, Macpower Macpower is one of the few ROE and ROCE is amongst Asset turnover for the Promoter holding stands at With over 27+
Slide 16: Our ESG efforts
Our ESG efforts E ▪ Installed roof top solar plants at factory totalling 200 KW which has reduced our day time power consumption by 20% and aim to reach a level of 50% power savings during day time. nvironment ▪ Zero Liquid discharge facility ▪ Meal is provided to all plant employees, everyday. ▪ Sp
Slide 17: About Us
About Us Corporate Video Corporate video (click here) 16
Slide 18: Company Profile
Company Profile • Established in 2003, Macpower CNC Machines Limited is engaged in the manufacture of Computerised Numerically Controlled (CNC) machines. • It has a CNC Machine manufacturing unit in an area of around 8 acres at Metoda G.I.D.C., Rajkot, Gujarat (India). • The company listed (IPO) in
Slide 19: Our Journey
Our Journey 1980 1985 2003 2005 2007 Small Machining beginnings Started manufacturing In house machining CNC capability developed Setup unit for conventional USP machines. Machines Established as Modern CNC Machine assembly unit Developed models Machine Tools to trade setup seeing the growing need w
Slide 20: Continuing on the growth path
…….. continuing on the growth path 2013 2016 2018 2020 2022 2023 Expansion Backward Growth integration Expansion of Global launch manufacturing facilities & Going Public Company backward Growth Enhanced capacity to integrated (BI) - setup in- product categories 1500 machines p.a house machining faci
Slide 21: Key Management
Key Management Rupesh Mehta has an experience of more than 27 years in the Machine Tool Industry. He holds a degree in Bachelor of Commerce from Saurashtra University. He looks after all the corporate decision and is responsible for the entire business operation of the company. Major landmarks of hi
Slide 22: Our Network
§ Our Network facpower Our Network @ CORPORATE OFFICE ef PRODUCTION UNIT Im SALES & SERVICE © BRANCH OFFICE TECH CENTER
Slide 23: Infrastructure
Infrastructure Head Office & Plant Corporate office R&D Centre Manufacturing plant 22
Slide 24: Tech Centres
Tech Centres Ahmedabad Tech Centre Hyderabad Tech Centre Mohali Tech Centre Jamnagar Tech Centre Coimbatore Tech Centre (to be inaugurated shortly) 23
Slide 25: Organisation Structure
Organisation Structure Rupesh Mehta Managing Director MACHINE SHOP Q.A. / Q.C. H.R. ACCOUNTS SALES SERVICE DESIGN / R&D Rakesh Alpesh Gaurav Rajnikant P. Prabhu Kamlesh Ashish Chhalavada Dani Bhatt Raja Shankar Joshi Nakum AGM AGM Sr. Manager CFO Vice President Manager Vice President APPLICATION ASS
Slide 26: Business Overview
Business Overview 25
Slide 27: Widest Range of Products
27 Industry Segments Product Variants & 315+ Serviced Models Widest Range 9945+ installations to of Products date Application 3000+ Product Solutions Segments 27+ 26
Slide 28: Competitive Strengths
Competitive Strengths Nearly Negative Cash Fastest Growing Widest Range Large local Delivering 0% Debt Requirement Company of product customer base customised Company & First Generation offered from solution to our Promoters single source valued customer 1 2 3 4 5 6 7 8 9 10 11 12 Flexibility Person
Slide 29: Key Clientele at a Glance
Key Clientele at a Glance Auto / Auto Ancs Defence / Aerospace Engineering / Capital Goods and 1250 more ……… and 54 more ……… and 775 more ……… Government: PSUs & Education Sector Die Mould Sector Agriculture and 22 more ……… and 157 more ……… and 87 more ……… 28
Slide 30: Key Products at a Glance (1/2)
Key Products at a Glance (1/2) Turning Centre Vertical Machining Centre 1 2 In today’s competitive market, you Our new generation Vertical Machining need robust CNC turning centers Centers incorporate a wide range of with uncompromised performance enhancements and sophisticated engineering knowledge
Slide 31: Key Products at a Glance (2/2)
Key Products at a Glance (2/2) Twin Spindle - Turning Vertical Turret Lathe 5 6 In demanding times of machining Combination of high power performance accuracy and productivity, Macpower and excellent unyielding construction, has addressed both the issues, designed to operate in medium and high reduc
Slide 32: CNC Machines Industry, Sector and Macpower
CNC Machines Industry, Sector and Macpower 31
Slide 33: What are CNC Machines?
CNC Machines? Machine What are CNC Machines? (CNC machine in use – video1 video2 (click on link)) Tools • Computer Numerical Control (CNC) is a machine in which pre-programmed software are used, combined with Engineering Designing to achieve desired cuts (shapes) based on end use of the product shap
Slide 34: Market Size & Opportunity
Market Size & Opportunity • Globally, India stands 10th in terms of production and 8th in terms of consumption Organized of machine tools. 33% • Consumption (demand) of machine tools in India has grown from approx Rs 12,000 cr in FY2016-17 to approx. Rs 18,000-20,000 cr in FY22-23. Domestic Unorgani
Slide 35: Awards & Achievements
Awards & Achievements ❑ MSE-1 certification for highest financial strength and operational ability by CRISIL ❑ FIE Foundation Award at IMTEX 2017 for Twin Spindle VMC V855 Twin Head ❑ FIE Foundation Award at IMTEX 2015 for Multi Tasking Machine Turn O' Mill Y S ❑ FIE Foundation Award at IMTEX 2013,
Slide 36: Thank You
Thank You For further details please contact: Email : cs@macpowercnc.com Strategy & Investor Relations | Consulting Ph. +91 2827 287930 / 31 Email: contact@kaptify.in | +91 845 288 6099 Website : www.macpowercnc.com Website: www.kaptify.in 35
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