Frog Innovations Limited · NSE:FROG
Frog Innovations — Frog Cellsat — Investor Presentation (May 2024)
27 slides from Frog Innovations's investor presentation, May 9, 2024
Slide 1: Regulation 30 disclosure cover letter to NSE
May 09, 2024 To, The Manager Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai– 400051 Company Trading Symbol: FROG RE: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Slide 2: Frog Cellsat Limited Investor Presentation May 2024
FROG CELLSAT LIMITED INVESTOR PRESENTATION MAY 2024
Slide 3: Safe Harbor
SAFE HARBOR Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political, or economic developments, technological risks, and many other factors that could cause our actu
Slide 4: Atmanirbhar Bharat
ATMANIRBHAR BHARAT Empowering ‘Make in India’ Initiative Through Developing Import Substitute & Technologically Advanced Products INVESTOR PRESENTATION / 2024 3
Slide 5: FCL at a Glance
FCL AT A GLANCE Over two decades of mastery in delivering cutting-edge Positioned as a price-competitive, field-proven, wireless coverage enhancement solutions. future-ready, and dependable force in the industry. Renowned as prominent manufacturers Trailblazers in pioneering Interference of telecom
Slide 6: Building Upon a Successful Legacy
BUILDING UPON A SUCCESSFUL LEGACY Mr. Konark Trivedi Mrs. Sonal Trivedi Mr. Charan Jeet Kalra Mr. Tarun Tularam Sharma Co-Founder and MD Co-Founder & CPO CFO CTO • Over 25 years of dynamic experience in • Extensive experience spanning over 20 • Holds over 10+ years of experience in • Drives FCL’s lo
Slide 7: Our Journey
OUR JOURNEY • Started I&C Services nationwide. Started R&D for in-house design of • Company listed on NSE • Switched to a new business Repeaters. – SME Platform model of buying imported • Customer Added: Ericsson • Application approved • Incorporated Frog products and selling under Design led Cellsa
Slide 8: Product Overview
PRODUCT OVERVIEW Product Product Description Application Product Image OPTiX helps Mobile Operator to increase their BTS coverage by cleaning interference and enabling OPTiX is a solution based on Patented technology Interference Mitigation System BTS Site to read even weaker signal coming from and
Slide 9: Spectrum of Services Provided to Telecom Companies
SPECTRUM OF SERVICES PROVIDED TO TELECOM COMPANIES In-Building Network Maintenance Services includes: Installation and Roll-out Services: includes RF Survey Operation and Maintenance, Modification and Active /Passive DAS Design through IBwave / Manual, Deployment & Integration Passive expansion Plan
Slide 10: Broad Customer Base Across Industries
BROAD CUSTOMER BASE ACROSS INDUSTRIES Domestic Mobile SI & Telecom In-Building Coverage Large Project Government & International Mobile Operators Equipment Providers Infra Providers Developers Defence Operators & SI INVESTOR PRESENTATION / 2024 9
Slide 11: Opportunities for Growth
OPPORTUNITIES FOR GROWTH Each product has a Each product has a Each product has a 50+Cr 100+Cr 200+Cr Opportunity/year Opportunity/year Opportunity/year Infra Projects (Airports and Metro) Jio 5G Site Accessories Manufacturing Services VI 4G Site Accessories Tejas / BSNL 4G Site Accessories Defence
Slide 12: R&D Investments
R&D INVESTMENTS Yearly Investment, Incremental Revenue and Incentive Receivable under the PLI scheme: FY Minimum Incremental Minimum Eligible Maximum Eligible Sales Forecast as submitted Eligible Net Sales for Eligible Net Sales i.r.o. Maximum Incentive (₹ in Crores) Investment over Incremental Net
Slide 13: Transformation from Repeater Supplier to End to End Telecom Solution Provider
TRANSFORMATION FROM REPEATER SUPPLIER TO AN END TO END TELECOM SOLUTION PROVIDER INVESTOR PRESENTATION / 2024 12
Slide 14: Continued...
CONTINUED… INVESTOR PRESENTATION / 2024 13
Slide 15: Key Business Strengths
KEY BUSINESS STRENGTHS Strong & longstanding Experienced partnerships with management team & esteemed clientele Ability to develop skilled workforce Innovative products and Cost-Efficient proprietary R&D based services empowered by Products products technology, with versatile applications spanning v
Slide 16: FY24 Business Update and Upcoming Business Outlook
FY24 BUSINESS UPDATE AND UPCOMING BUSINESS OUTLOOK What we plan to do in FY25 ` ` ` Expecting Will provide “Trusted Development commercial closure Products” to the telcos work in progress To retain and This will consolidate soon with operators as it has been To increase wallet for Digital DAS, 5G at
Slide 17: Industry Overview
INDUSTRY OVERVIEW Large Opportunities in Domestic Markets Est. Cumulative Spends Expected in India In the next 2-3 Years ❖ India is currently the second-largest telecommunication market and has the second-highest number of internet users in the world. >$1B investments in 4G Saturation, BSNL panIndia
Slide 18: Growth Drivers
GROWTH DRIVERS 10 9 8 Expanding Railway Network & need for VHF communication on expanded Growth in Urban Infrastructure 7 network (Metros & Airports) 6 Rising Internet Penetration Vodafone Idea Capex investment in 5 network Demand for Public Safety Networks 4 Rising need for faster data transmission
Slide 19: Management Commentary
MANAGEMENT COMMENTARY Commenting on FCL’s performance, Mr. Konark Trivedi, Founder MD said: “We are happy to share a strong overall financial and business performance for Financial Year 2023-2024, the revenue from operations grew by 16.68% to INR 1,577.33 Mn for FY24 as compared to INR 1,351.89 Mn i
Slide 20: Consolidated Income Statement
CONSOLIDATED INCOME STATEMENT Particulars (Rs. Mn) Q4 FY24 Q4 FY23 YoY% Q3 FY24 FY24 FY23 YoY Revenue from Operations 444.97 311.31 42.93% 446.82 1,577.33 1,351.89 16.68% Other Income 24.27 3.50 0.45 31.87 10.91 Total Income 469.25 314.82 49.05% 447.28 1,609.20 1,362.80 18.08% Total Expenses excl. D
Slide 21: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Particulars (₹ in Mn) FY24 FY23 Particulars (₹ in Mn) FY24 FY23 Assets Equity & Liabilities PP&E 786.82 131.19 Equity Share Capital 154.35 153.75 Capital WIP - 358.88 Reserves & Surplus 1,173.34 1,007.63 Intangible Assets 29.52 2.56 Capital Reserve on Consolidation (net) 4
Slide 22: Consolidated Cash Flow Statement
CONSOLIDATED CASH FLOW STATEMENT Particulars (Rs. Mn) FY24 FY23 Net Cash Generation from operation 71.43 72.15 Net Cash Generated/ (Used in) investing activity (302.74) (346.44) Net Cash Generated/ (Used) from Financing activity 43.60 349.22 Net Increase/(Decrease) in Cash and Cash Equivalents 14.28
Slide 23: Infrastructure
INFRASTRUCTURE Frog Noida Office Frog Noida Office (HO Area) Frog Noida Office (R&D Lab) Frog Noida Office (Production) Frog Noida Office (Production) Frog Noida Office (Store) INVESTOR PRESENTATION / 2024 22
Slide 24: Awards and Certifications
AWARDS AND CERTIFICATIONS Recognitions awarded FROG CELLSAT IS ISO 9001:2015, Frog Cellsat awarded by Great Place To ISO 14001:2015 and OHSAS SME Grading of Work® 45001:2018 certified CRISIL SME 1 INVESTOR PRESENTATION / 2024 23
Slide 25: Capital Market Information
CAPITAL MARKET INFORMATION Price Data (As On 9th May 2024) INR Issued Shares 1,54,35,600 CMP ₹196.50 52 week High/Low ₹311.55/₹131.50 Market Cap (INR Crs.) ₹303 Share Price Movement 350.00 300.00 250.00 ₹ 197.40 200.00 150.00 100.00 50.00 INVESTOR PRESENTATION / 2024 24
Slide 26: Abbreviations / Description
ABBREVIATIONS / DESCRIPTION Term Description BTS Base Transceiver Station CPRI Common Public Radio Interface DAS Distrubuted Antenna System GPS Global Positioning System GSMA Global System for Mobile Communications IBS In-Building Solution IoT Internet of Things MIMO Multiple Input Multiple Output M
Slide 27: Thank You
THANK YOU For further information; please visit: www.frogcellsat.com FROG CELLSAT LIMITED Captive IR Strategic Advisors Pvt. Ltd Manisha Makhija (CS) Krunal Shah / Naman Maheshwari Contact: 120-4859650 Contact: +91 93724 67194 Email: CS@frogcellsat.com Email: IR@frogcellsat.com