Ramkrishna Forgings Ltd · NSE:RKFORGE
Ramkrishna Forgings — Q4 FY2022 Earnings Presentation
27 slides from Ramkrishna Forgings's earnings presentation, May 3, 2022
Slide 1: Exchange filing cover letter: Q4 & FY22 Earnings Presentation
RAMERISHNA FORGINGS LIMITED Date: 3 May, 2022 To, To, The Listing Department The Listing Department BSE Limited National Stock Exchange of India Limited P] Towers “Exchange Plaza” C-1, Block-G Dalal Street Bandra-Kurla Complex, Bandra (E} Mumbai - 400 001 Mumbai - 400051 BSE SCRIP CODE: 532527 NSE S
Slide 2: Q4 & FY22 Earnings Presentation
Q4 & FY22 RAMKRISHNA i FORGINGS Earnings LIMITED Presentation 03 May 2022
Slide 3: Results at a Glance
RESULTS ATA | | |
Slide 4: Q4FY22 Results at a Glance
Q4FY22 RESULTS AT A GLANCE %68,323.99 15,215.49 % 8,665.27 323.99 | 31,93% 215.49 | 41,32% 665.27 | 14.87% Revenue | YoY Growth EBITDA | YoY Growth PAT | YoY Growth 22.27 % | 148 BPS =0.20 | inal Per Share EBITDA Margin | YoY Growth Dividend (FV of Rs. 2/- each) RAMKRISHNA FORGINGS LIMITED | 03
Slide 5: FY22 Results at a Glance
FY22 RESULTS AT A GLANCE %2,28,536.55 Z 752,696.92 19% *20,650.18 68% leche | 77-38% Ceiche | 129-19 % Pakhe | ©38-68% Revenue | YoY Growth EBITDA | YoY Growth PAT | YoY Growth 23.06 % | 521 BPS 25 %, Dividend EBITDA Margin | YoY Growth ° | for the Year RAMKRISHNA FORGINGS LIMITED | 04
Slide 6: Financials
INANC = ~ G S wae ‘is iL a RAMKRISHNA FORGINGS LIMITED | 05 so
Slide 7: Key Operational Matrix
KEY OPERATIONAL MATRIX Total Sales Volume Break-up (In tons) REVENUE MIX - Q4FY22 Particulars Q4FY22 Q4FY21 YoY Q3FY22 QoQ FY22 FY21 YoY Domestic Markets 21,459 21,217 1.14% 19,172 11.93% 68,664 51,603 33.06% Export Markets 10,579 9,693 9.14% 10,348 2.23% 43,078 26,977 59.68% Total 32,038 30,910 3.6
Slide 8: Manufacturing Capacity and Utilization
MANUFACTURING CAPACITY AND UTILIZATION Q4 FY22 Q3 FY22 Q2 FY22 Qi FY22 Installed Capacity Product: _ Production Utilization Production Utilization Production Utilization Production Utilization (mT) (%) (mT) (%) (mT) (%) (mT) (%) Ring Rolling 24,000 6,841 114.02% 6,918 115.30% 6,990 116.50% 7,528 125
Slide 9: Key Ratios
KEY RATIOS ROCE (%) NET DEBT TO EBIDTA (X) ROE (%) 18.87% 14.73% 4.66 4.65 5.805 4.58% 54 aaa 1.10% FY20* Fy21** FY22 FY20* Fy21** FY22 FY20* Fy21** FY22 Debt to Equity (x) Fixed Asset Turnover 1.20 1,22 1.47 0.86 1.03 0.81 FY20* Fy21** FY22 FY20* Fy21** FY22 * Fy20 Performance impacted due to econo
Slide 10: Our Strategies
OUR — STRATGIES SN » ; ~~ : — — — LSS = “<3 SSS & Fi : SS specs
Slide 11: Improving Revenue Mix, Capex, Capital Allocation
IMPROVING CAPITAL CAPEX REVENUE MIX Seeernee ALLOCATION READY RAMKRISHNA FORGINGS LIMITED | 11
Slide 12: Revenue Mix Across Segment
REVENUE MIX ACROSS SEGMENT FY'17 FY’22 By Geography mAsia Europe M North America By Segment mAuto Non Auto By Industry Railways ral (#) allt 2 co Mining, Earth Moving & Farm G@) Be @ Oil & Gas and Gen. Engg. RAMKRISHNA FORGINGS LIMITED | 12
Slide 13: Forging Content per Vehicle
FORGING CONTENT PER VEHICLE RKFL OFF-TAKE FY’27 PROJECTED RAMKRISHNA FORGINGS LIMITED | 13
Slide 14: Improving Revenue Mix, Presence in EV, Capex
oOe es IMPROVING CAPITAL CAPEX REVENUE MIX PRESENCE ALLOCATION READY RAMKRISHNA FORGINGS LIMITED | 14
Slide 15: Presence in EV
PRESENCE IN EV IN FY21-22, 2% OF TOTAL TURNOVER COMES FROM EV SEGMENT FY 22 FY 23 FY 24 PROJECTED IN FUTURE YEARS RAMKRISHNA FORGINGS LIMITED | 15
Slide 16: EV Programs Running Globally
EV PROGRAMS RUNNING GLOBALLY EUROPE 1 Customer NORTH AMERICA Q 1Program {Gistomer “ vs. INDIA / ASIA PACIFIC v 4Programs a Sthee SS 3 Customer Q 2 Programs Y¥ 6 Programs ~~ 3 Programs ee Seeeesace eoeeeees tleve sees eco cccececcnscecetees. ‘v08, a PTE TIT TTIT ITI TIT TTY eat ¥ Programs in Serial P
Slide 17: Improving Revenue Mix, Capex, Capital Allocation
ooo e IMPROVING CAPITAL CAPEX REVENUE MIX Sresrnee ALLOCATION READY RAMKRISHNA FORGINGS LIMITED | 17
Slide 18: Capital Allocation Strategy
CAPITAL ALLOCATION STRATEGY Capital Allocation Strategy i) 60 e 50%-60% of the cash profit will be utilized for payment of Debt. _ 40 e 30%-40% of the cash profit will be utilized for BO Capital Expenditure and Working Capital requirements. Po 10 © 5% of the cash profit will be utilized for Dividend
Slide 19: Improving Revenue Mix, Capex, Capital Allocation
©ooeot IMPROVING CAPITAL CAPEX REVENUE MIX Seeernee ALLOCATION READY RAMKRISHNA FORGINGS LIMITED | 19
Slide 20: Well Positioned to Capture Future Growth
WELL POSITIONED TO CAPTURE FUTURE GROWTH PRODUCTS (FY22) RING ROLLING FORGINGS PRESS TOTAL (MT) CAPACITY UTILIZATION 28,277 46,514 69,649 1,44,440 UTILIZATION (7%) 117.82% 101.12% 59.48% 77.20% @ Capacity addition sufficient for the next phase of growth ®@ Capacity ramp-up along with operating lever
Slide 21: Environmental, Social, Governance
ENVIRONMENTAL SOCIAL GOVERNANCE VISION RAMKRISHNA FORGINGS LIMITED | 21
Slide 22: Planet, People, Prosperity
Planet ¥ ls Adopting Clean Energy Raw Material Sourcing 5 Waste Management Employees, Suppliers & Local Community Valuable Partnerships Rewarding Workplace 2 tii Empowered Community Business Longevity & Profitability Effective Corporate Governance A Effective Risk Management RAMKRISHNA FORGINGS LIMI
Slide 23: Key ESG Targets for RKFL
KEY ESG TARGETS FOR RKFL RKFL FOR ENVIRONMENTAL CONSCIOUSNESS THE VISION IS TO COMMIT TO PRESERVING AND PROTECTING THE ENVIRONMENT ACROSS ITS OPERATIONS Pm 8 8=650% 2050 80% 100% : 30% 50% y 4 : Renewable energy Achieve : ofsuppliersinsame : Recyclingofwater : reductionin specific : Decrease in over
Slide 24: Conference Call Details
CONFERENCE CALL DETAILS RAMKRISHNA FORGINGS LIMITED | 24
Slide 25: Q4 FY22 Earnings Call
Q4 FY22 EARNINGS CALL SCHEDULED ON: WEDNESDAY, MAY 4 2022 AT 10:30 HOURS INDIA TIME PRE-REGISTRATION LINK CLICK HERE TO JOIN THE CALL RAMKRISHNA FORGINGS LIMITED | 25
Slide 26: Safe Harbor
SAFE HARBOR THIS PRESENTATION (IS NOT AN OFFER TO SELL ANY SECURITIES OR A SOLICITATION TO BUY ANY SECURITIES OF RAMKRISHNA FORGINGS LIMITED (THE “COMPANY”) ORITS SUBSIDIARIES (TOGETHER WITH THE COMPANY, THE “GROUP’) The material that follows is a Presentation of general background information about
Slide 27: Thank You
THANK YOU COMPANY : RAMKRISHNA FORGINGS LIMITED CIN: L74210WB1981PLC034281 MR. LALIT KUMAR KHETAN EXECUTIVE DIRECTOR & CFO E: LALIT.KHETAN@RAMKRISHNAFORGINGS.COM WWW.RAMKRISHNAFORGINGS.COM RAMKRISHNA FORGINGS LIMITED | 34
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