Bharat Dynamics Ltd. · NSE:BDL
Bharat Dynamics — Investor Presentation (March 2023)
18 slides from Bharat Dynamics's investor presentation, Mar 7, 2023
Slide 1: Intimation of Schedule of Analyst/Institutional Investor Meetings
BHARAT DYNAMICS LIMITED (A Govt. of India Enterprise, Ministry of Defence) CIN :- L24292TG1970GOI001353 Corporate Office: - Plot No. 38-39, TSFC Building, Near ICICI Towers, Financial District,Nanakramguda, Hyderabad-500032 Registered Office: - Kanchanbagh, Hyderabad-500058 Tel: 040-23456145; Fax: 0
Slide 2: Corporate Presentation
BHARAT DYNAMICS LIMITED CORPORATE PRESENTATION 1
Slide 3: Disclaimer
DISCLAIMER By attending the meeting/telephonic call where this presentation is made, you agree to be bound by the trailing restrictions regarding the information disclosed in this presentation. This presentation has been prepared by Bharat Dynamics Limited (the “Company”) solely for information purp
Slide 4: Overview
BHARAT DYNAMICS LIMITED OVERVIEW • Bharat Dynamics Limited (BDL) was established in Hyderabad in the year 1970 as a Government of India Enterprise under the Ministry of Defence Rich History • BDL was nominated as a Mini- Ratna – Category – I Company by the Government of India in 2000 • Identified as
Slide 5: Strong Product Suite
BHARAT DYNAMICS LIMITED STRONG PRODUCT SUITE Akash Weapon System • AKASH is a Short Range Surface to Air Missile System to protect vulnerable areas and points from air attacks. Akash Weapon System (AWS) can simultaneously engage Multiple Targets in Group Mode or Autonomous Mode. It has built-in Elec
Slide 6: Strong Product Suite
BHARAT DYNAMICS LIMITED STRONG PRODUCT SUITE Milan-2T • 2nd Generation, Wire – Guided with tandem warhead to destroy tanks • The Milan warhead can target both moving and stationary targets • ToT from MBDA, France. Indigenization Level : 71% Konkurs - M Anti Tank • 2nd Generation, Wire – Guided with
Slide 7: Robust Manufacturing Facilities
BHARAT DYNAMICS LIMITED ROBUST MANUFACTURING FACILTIES Upcoming Facilities Ibrahimpatnam Unit (Telangana) Hyderabad • ATGMs • SAMs • Countermeasures Jhansi Unit ( UP) • Refurbishment of Missiles Amaravati (Maharashtra) Continuously Investing for the Future Established Seeker Facility Centre and Warh
Slide 8: Recent Developments
BHARAT DYNAMICS LIMITED RECENT DEVELPOMENTS Associated with DRDO as Development Partner as well as Production agency for various programs ToT Agreements with Major Foreign OEMs . New Avenues being explored with leading Foreign OEMs for production of new Missile weapon systems in India. Key Initiativ
Slide 9: New Products in Pipeline
BHARAT DYNAMICS LIMITED KEY NEW PRODUCTS IN PIPELINE Quick Reaction Surface to Air Missile (QR-SAM) • It is a quick reaction Surface to Air Missile capable of Search on Move, Track on Move and Fire on Short halts • Propulsion : Single Stage Solid Rocket Motor • Guidance : Mid Course Inertial + Targe
Slide 10: New Products in Pipeline
BHARAT DYNAMICS LIMITED KEY NEW PRODUCTS IN PIPELINE SAAW • Smart Anti - Airfield Weapon (SAAW) is long range, standoff, precision air-to-surface weapon • Capable of engaging ground targets when launched from fighter Aircrafts Current Status • Development order has already been received by BDL • Fin
Slide 11: New Products in Pipeline
BHARAT DYNAMICS LIMITED KEY NEW PRODUCTS IN PIPELINE MP-ATGM Man Portable Anti - Tank Guided Missile or M P ATGM is for infantry and Parachute (Special Forces) of the Indian Army. It is 'Soft' launched from a canister using an Ejection Motor. It uses a state-of-the-art IIR seeker for homing on to th
Slide 12: Order Book Position
BHARAT DYNAMICS LIMITED ORDER BOOK POSITION Stable Order Book Revenue Growth: 10% - 12% Order Book As New Orders Order Book As on 1 April 2022 received upto 1 on 01 March EBITDA Margin: 20% - 23% March 2023 2023 INR 10297 Cr INR 5149 Cr Shortfall in receipt of projected INR 13708 Cr Guidance – FY 23
Slide 13: Financial Highlights FY 2021-22
BHARAT DYNAMICS LIMITED KEY FINANCIAL HIGHLIGHTS FY 2021-22 Revenue from Profit After Tax 94% Value of Production 42% Operations 47% 500 2902 2817 2043 1914 258 FY21 FY22 FY21 FY22 FY21 FY22 EBITDA Number of 5% Earnings per Share 110% Employees 94% 726 27.28 2812 2674 14.06 345 FY21 FY22 FY21 FY22 F
Slide 14: Financial Highlights for Nine Months of FY 2022-23
BHARAT DYNAMICS LIMITED KEY FINANCIAL HIGHLIGHTS FOR NINE MONTHS OF FY 2022-23 Revenue from Profit After Tax -16% Value of Production 3% Operations 18% 1,794 1,840 1,691 236 1,436 199 Q3'FY22 Q3'FY23 Q3'FY22 Q3'FY23 Q3'FY22 Q3'FY23 EBITDA -30% Number of -4% Earnings per Share Employees -15% 13 322 1
Slide 15: Financial Highlights
BHARAT DYNAMICS LIMITED KEY FINANCIAL HIGHLIGHTS Revenue from Operations (in INR Cr) EBITDA (in INR Cr) & EBITDA Margin 5000 4,587.6 1000 30% 4500 900 755.5 25.8% 4000 25% 800 24.3% 3500 3,104.9 668.0 726.1 3,069.4 622.1 2,817.4 700 20.3% 3000 20% 600 18.0% 2500 1,913.8 500 14.6% 15% 2000 1,691.1 1,
Slide 16: Financial Highlights
BHARAT DYNAMICS LIMITED KEY FINANCIAL HIGHLIGHTS Return on Equity (in %) Total Dividend(in INR Cr) & *Dividend Payout Ratio 30% 180 52.3% 55% 25.4% 160 25% 50% 21.9% 140 20.0% 20% 120 45% 17.5% 100 15% 40% 80 9.7% 10% 8.4% 60 35% 6.4% 30.1% 30.1% 30.1% 30.4% 40 5% 30% 20 159 127 161 135 152 134 149
Slide 17: Financial Summary
BHARAT DYNAMICS LIMITED FINANCIAL SUMMARY Particulars Units Q3’FY23 Q3’FY22 FY22 FY21 FY20 FY19 FY18 Revenue from Operations ₹ Cr. 1691.14 1436.33 2817.40 1913.76 3104.87 3069.35 4587.60 Profit Before Exceptional Items and Tax ₹ Cr. 275.99 332.13 743.50 340.88 742.45 671.36 773.82 Profit Before Tax
Slide 18: Thank You
THANK YOU 17