Kirloskar Oil Engines Limited · NSE:KIRLOSENG
Kirloskar Oil Engines — Q2 FY2015 Earnings Presentation
11 slides from Kirloskar Oil Engines's earnings presentation, September 2014
Slide 1: Kirloskar Oil Engines Limited Earnings Update Sep 2014
Kirloskar Oil Engines Limited Earnings Update Sep 2014 Kirloskar Oil Engines Limited 1
Slide 2: Disclaimer
Disclaimer Statements in this presentation, particularly those which relate to management’s views and analysis, describing the Company’s objectives, projections, estimates and expectations may constitute “forward looking statements” within the meaning of applicable laws and regulations. Actual resul
Slide 3: Financials
Financials All numbers in Rs. Crs Q2 Q2 ∂ 6M 6M ∂ FY FY2015 FY2014 FY2015 FY2014 2014 Net Sales 623 509 22% 1,252 1,092 15% 2,287 Other Operating Income 5 8 -36% 15 16 -3% 33 Raw Material 409 316 30% 825 678 22% 1,444 Employee Costs 48 43 12% 94 85 11% 163 Other Expenses 106 98 8% 208 202 3% 410 EBI
Slide 4: Q2 FY2015 Segment Performance
Q2 FY2015 Segment Performance All numbers in Rs. Crs Q2 FY2015 Q2 FY2014 ∂ PowerGen 263 180 46% Agricultural 113 118 -5% Industrial 94 2009 92 2% Customer Support 85 80 7% Large Engines 67 38 75% Total 623 509 22% Kirloskar Oil Engines Limited 4
Slide 5: YTD FY2015 Segment Performance
YTD FY2015 Segment Performance All numbers in Rs. Crs YTD FY2015 YTD FY2014 ∂ PowerGen 554 405 37% Agricultural 205 224 -9% Industrial 193 2009 194 - Customer Support 177 183 -3% Large Engines 122 85 43% Total 1,252 1,092 15% Kirloskar Oil Engines Limited 5
Slide 6: Key Financial Metrics
Key Financial Metrics YTD FY 2015 YTD FY 2014 EBITDA % 11.1% 13.1% Inventory (Days) 31 38 Receivables (Days) 13 35 Creditors (Days) 55 56 Fixed Asset Turns 5.0 4.1 RoCE 17.0% 18.1% Debt - 10 Cash & Equivalents 721 414 Cash & Equivalents (Net of Debt) 721 404 Kirloskar Oil Engines Limited 6
Slide 7: Highlights: Power Generation Business
Highlights A. Power Generation (PG) Business • In H1 FY15, first quarter was dominated by General elections and uncertainty about the outcome. This was immediately followed by implementation of stringent emission norms by MoEF. These norms called for complete change-over in the product portfolio and
Slide 8: Highlights: Agri and Industrial Business
Highlights B. Agri Business • Delay in subsidy disbursement post election coupled with delay in rain impacted business • 36 new Agri Engine Dealer (AED) and 24 new Agri Parts Distributor (APD) appointed • 768 retailer counters for engines & 2074 retailer counters for spares were also added • Varsha
Slide 9: Highlights: Customer Support and Exports
Highlights D . Customer Support • Lower power deficit across the nation and delayed monsoon, resulted in lower usage which in turn impacted spares consumption • The Company’s commitment to provide quality service to all its customers continued with further expansion of service channel networks E . E
Slide 10: Highlights: Large Engines
Highlights F . Large Engines • NPCIL order execution on track - 3 DG set supplied till date • 400 kVA set supplied for marine application Kirloskar Oil Engines Limited 10
Slide 11: Thank You
Thank You Kirloskar Oil Engines Limited 11
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