Usha Martin Limited · NSE:USHAMART
Usha Martin — FY2022 Earnings Presentation
19 slides from Usha Martin's earnings presentation, May 4, 2022
Slide 1: Cover letter to stock exchanges: Investor Presentation
usha martiri Usha Martin Limited 2A, Shakespeare Sarani, Kolkata - 700 071, India Phone : (00 91 33) 71006300, Fax : (00 91 33) 71006400 CIN:L31400WB1986PLC091621 Email:contact@ushamartin.co.in Website:www.ushamartin .com Date: 4th May 2022 The Secretary The Secretary Societe de la Bourse de Nationa
Slide 2: Results Presentation Quarter and year ended March 31, 2022
STEEL WIRE ROPE | WIRE & STRAND | LRPC | PRE-STRESSING ACCESSORIES & SERVICES | ALLIED MACHINERY | TELECOM CABLE | Results Presentation Quarter and year ended March 31, 2022
Slide 3: Contents
Contents 1 Key Highlights 2 Operating Performance 3 Financial Performance 4 Annexures Statements in this presentation describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from t
Slide 4: Key Highlights
1 Key Highlights Q4FY22 Earnings Presentation 3
Slide 5: Key Highlights
Key Highlights Maintained strong profitability, increased volume and met customer commitments despite unprecedented challenge due to supply chain disruptions, non availability of containers and high freight cost Price stoked recovery this fiscal, volume the driver for next Health and safety of emplo
Slide 6: Strong growth in revenue and profitability YoY
Strong growth in revenue and profitability YoY Figures in INR Crs Volumes (in ‘000 tons) Revenue EBITDA & PAT EBITDA Margin (%) Production Delivery 450 16% 18% Consolidated 400 16% 350 15% 14% 300 12% 250 10% 200 8% 150 6% 100 4% 175 174 192 189 2,097 2,688 50 308 419 2% 152 291 0 0% FY21 FY22 FY21
Slide 7: Strong growth in revenue and profitability fourth quarter YoY
Strong growth in revenue and profitability fourth quarter YoY Figures in INR Crs Volumes (in ‘000 tons) Revenue EBITDA & PAT EBITDA Margin (%) Production Delivery 17% Consolidated 120 15% 16% 100 14% 12% 80 10% 60 8% 6% 40 4% 20 54 53 50 51 653 767 109 113 2% 0 0% 68 109 Q4 FY21 Q4 FY22 Q4 FY21 Q4 F
Slide 8: Operating Performance
2 Operating Performance Q4FY22 Earnings Presentation 7
Slide 9: Consolidated delivery volumes increased by 9% YoY
Consolidated delivery volumes increased by 9% YoY Production Delivery Figures in ‘000 tons 175 192 174 189 R o p 80 89 e 79 85 FY'21 FY'22 FY'21 FY'22 W S I T R R E A 46 38 N 46 39 & D FY'21 FY'22 FY'21 FY'22 L R P 49 65 49 65 C FY'21 FY'22 FY'21 FY'22 Deliveries are excluding Intra-Group deliveries
Slide 10: Standalone delivery volumes increased by 8% YoY
Standalone delivery volumes increased by 8% YoY Production Delivery Figures in ‘000 tons 142 156 144 156 R o p 56 62 58 62 e FY'21 FY'22 FY'21 FY'22 W S I T R R E A 37 29 N 37 29 & D FY'21 FY'22 FY'21 FY'22 L R P 49 65 49 65 C FY'21 FY'22 FY'21 FY'22 Q4FY22 Earnings Presentation 9
Slide 11: Financial Performance
3 Financial Performance Q4FY22 Earnings Presentation 10
Slide 12: PBT increased 85% YoY consolidated and 100% standalone
PBT increased 85% YoY consolidated and 100% YoY standalone primarily driven by better realization, improved product mix and managing the spread on steel input cost Consolidated Standalone Figures in INR Crs PBT includes profit/(loss) from discontinued business in FY21 Q4FY22 Earnings Presentation 11
Slide 13: Balance sheet significantly de-risked through sharp deleveraging
Balance sheet significantly de-risked through sharp deleveraging Figures in INR Crs Gross Debt Net Debt Consolidated Standalone Consolidated Standalone 461 267 355 151 342 258 191 52 Mar-21 Mar-22 Mar-21 Mar-22 Gross Debt/Equity (x) Net Debt/Equity (x) Interest Coverage (x) Consolidated Standalone C
Slide 14: Working capital position maintained despite rising input cost
Working capital position maintained despite rising input cost Figures in INR Crs Current Ratio (x) Net Working Capital Consolidated Standalone Consolidated Standalone 1.7 1.4 2.2 2.1 792 302 1,039 453 Mar-21 Mar-22 Mar-21 Mar-22 Net Working Capital Turnover (LTM x) Consolidated Standalone 2.8 5.1 2.
Slide 15: Generated Free Cash Flow at consolidated level for FY22
Generated Free Cash Flow of Rs. 214 Crores at consolidated level for FY22 Figures in INR Crs Free Cash Flow : ₹ 214 Crores ( FY’21 : ₹ 179 Crores ) Consolidated Free Cash Flow : ₹ 254 Crores ( FY’21 : ₹ 100 Crores ) Standalone Q4FY22 Earnings Presentation 14
Slide 16: Annexures
4 Annexures Q4FY22 Earnings Presentation 15
Slide 17: Profit and Loss Statement Summary - Consolidated
Profit and Loss Statement Summary - Consolidated Figures in INR Crs Q4FY22 Q4FY21 Y-o-Y Change Q3FY22 Q-o-Q Change FY22 FY21 Y-o-Y Change Revenue from Operations 766.6 652.9 17.4% 712.2 7.6% 2,688.1 2,097.3 28.2% EBITDA 112.9 108.8 3.8% 109.3 3.3% 418.9 308.1 36.0% EBITDA Margin (%) 14.7% 16.7% -193
Slide 18: Profit and Loss Statement Summary - Standalone
Profit and Loss Statement Summary - Standalone Figures in INR Crs Q4FY22 Q4FY21 Y-o-Y Change Q3FY22 Q-o-Q Change FY22 FY21 Y-o-Y Change Revenue from Operations 514.7 440.5 16.8% 471.5 9.2% 1,810.1 1,345.6 34.5% EBITDA 78.2 70.4 11.0% 72.5 7.8% 284.8 201.1 41.6% EBITDA Margin (%) 15.2% 16.0% -80bps 1
Slide 19: Thank You
Thank You USHA MARTIN LIMITED 2A, Shakespeare Sarani, Kolkata – 700 071, India CIN: L31400WB1986PLC091621 Phone: 033 – 7100 6300 Email: investor@ushamartin.co.in Website: www.ushamartin.com