Thaai Casting Limited · NSE:TCL
Thaai Casting — H1 FY25 Earnings Presentation
60 slides from Thaai Casting's earnings presentation, Nov 26, 2024
Slide 1: Intimation of investor presentation to NSE
CIN: L24105TN2023PLC161105 GST :33AAKCT1984F1Z7 To, November 26, 2024 National Stock Exchange of India Ltd. Exchange Plaza, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (E) Mumbai - 400 051 Subject: Intimation of investor presentation. (Scrip Symbol: TCL, ISIN- INE0QJL01014 & Scrip Name -THAA
Slide 2: Where Metal Meets Precision – H1 FY25 Investor Presentation
Where Metal Meets Precision H1 FY25 Investor Presentation
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Thaai Casting Limited, (The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities and shall not form
Slide 4: H1 FY25 Financial Highlights
H1 FY25 Financial Highlights
Slide 5: H1 FY25 Consolidated Key Financial Highlights
H1 FY25 Consolidated Key Financial Highlights Total Income EBITDA & Net Profit EBITDA Margin & Net Profit Margin EBITDA Net Profit EBITDA % NPM % 54.33 14.68 14.50 30.51 26.69 8.22 17.08 5.37 48.13 9.89 H2 FY24 H1 FY25 H2 FY24 H1 FY25 H2 FY24 H1 FY25 All Amount In ₹ Cr & Margins In % Investor Presen
Slide 6: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement In ₹ Cr Particulars H1 FY25 H2 FY24 H-O-H Net Sales 53.46 48.00 Other Income 0.87 0.13 Total Income 54.33 48.13 12.89% Raw Material costs 27.83 22.35 Employee Cost 4.56 2.68 Other Expenses 7.44 8.41 Total Expenditure 39.83 33.44 EBIDTA 14.50 14.68 -1.25% EBIDTA(%
Slide 7: H1 FY25 Standalone Key Financial Highlights
H1 FY25 Standalone Key Financial Highlights Total Income EBITDA & Net Profit EBITDA Margin & Net Profit Margin EBITDA Net Profit EBITDA % NPM % 14.68 48.76 30.51 12.53 25.69 8.22 17.08 5.37 48.13 11.01 H2 FY24 H1 FY25 H2 FY24 H1 FY25 H2 FY24 H1 FY25 All Amount In ₹ Cr & Margins In % Investor Present
Slide 8: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement In ₹ Cr Particulars H1 FY25 H2 FY24 H-O-H Net Sales 47.76 48.00 Other Income 1.00 0.13 Total Income 48.76 48.13 1.32% Raw Material costs 26.12 22.35 Employee Cost 3.32 2.68 Other Expenses 6.79 8.41 Total Expenditure 36.23 33.44 EBIDTA 12.53 14.68 -14.70% EBIDTA(%)
Slide 9: H1 FY25 Key Highlights
H1 FY25 Key Highlights Received Credit Rating From CRISIL Ratings Limited Ratings Long Term CRISIL BBB-/ (Positive) Remarks Received trade mark certificates approved by the Registrar of Trade Mark, Govt. of India Trade Mark Number Class 6187500 7 6187522 40 6187521 12 6187501 35 6187526 40 6187523 7
Slide 10: Thaai Casting's Order Book Expansion
Thaai Casting’s Order Book Expansion New Order Wins Strategic Impact Scope Key Industries Positions Thaai Value Supply of Automotive, non- Casting as a provider automotive and automotive of advanced, energy- ₹ 154.14 Cr non-automotive engineering efficient solutions in products sectors sectors with
Slide 11: Company Overview
Company Overview
Slide 12: Thaai Casting: Empowering Automotive Excellence Through Precision & Quality
Thaai Casting: Empowering Automotive Excellence Through Precision & Quality Thaai Casting Limited (Thaai Casting, The Company) established in 2011, is specialized in Pressure Die Casting as well as the precision Machining of both Ferrous and Non-Ferrous materials and Induction heating and quenching
Slide 13: Progress In Focus: Essential Facts & Figures
Progress In Focus: Essential Facts & Figures 100+ 5 2,500 Tones FY24 Team Size Business Verticals Capacity Installed For ROE – 18.96% High Pressure Die ROCE – 19.47% Casting FY24 12+ 50+ ISO / IATF 16949 Revenue - ₹ 90.69 Cr Years of Experience Satisfied Customer Certified EBITDA – ₹ 26.49 Cr PAT –
Slide 14: Moving Forward: Milestones Of Achievement
Moving Forward: Milestones Of Achievement Best QCD Award From Tokai Best Quality Award from Hanon Company Incorporated Tubber Auto Parts Systems Met the rigorous standards of the ISO 9001:2008 IATF 16949 : 2016 Best Vendor Award from RSB SMETA 4-Pillar Audit 2011 2019 2022 2024 2014 2021 2023 GE App
Slide 15: Collaborative Success: Highlighting Esteemed Clients
Collaborative Success: Highlighting Esteemed Clients Automotive Customers Non-Automotive Customers Direct OEM Investor Presentation 14
Slide 16: Trusted By Top Brands
Trusted By Top Brands End Customers Investor Presentation 15
Slide 17: Seal Of Excellence: Commitment To Certification
Seal Of Excellence: Commitment To Certification Green Certification From MSIL IATF 16949 - 2016 SQ MARK Certificate Green Certification Hyundai Motors - 2014 Maruti Suzuki - 2021 Investor Presentation 16
Slide 18: Seal Of Excellence: Commitment To Certification
Seal Of Excellence: Commitment To Certification SMETA – 4 PILLAR (AUDIT QUALIFIED) Investor Presentation 17
Slide 19: Honors & Accolades: Recognizing Excellence
Honors & Accolades: Recognizing Excellence WOOSU STANADYNE TRIN - Best QCD HANON SYSTEMS Appreciation Award Appreciation Award [Quality, Cost &Delivery] Award Best Quality Award 2021 Best Vendor Award 2022 Business Innovation Summit Business Innovation Summit RSB - Key Partner Award 2023 2023 2023 I
Slide 20: Where Precision Meets Production: State Of The Art Manufacturing Facility
Where Precision Meets Production: State Of The Art Manufacturing Facility Investor Presentation 19
Slide 21: Casting Excellence: A Glimpse Of Production Equipments
Casting Excellence: A Glimpse Of Production Equipments High Pressure Die Casting Trimming / Deburring Shot Blasting VIBRO Cylindrical Grinding HMC Investor Presentation 20
Slide 22: Casting Excellence: A Glimpse Of Production Equipments
Casting Excellence: A Glimpse Of Production Equipments VTL Machining Machining VMC / CNC Induction Heat Treatment Gas Nitriding Tempering Specialized Testing General Testing Gear shaping Investor Presentation 21
Slide 23: Excellence Standardized: Quality Assurance Commitment
Excellence Standardized: Quality Assurance Commitment Process Quality Inspection Quality Policy Process Audit and Review Thaai Casting will Thaai Casting is achieve this by The Company strive Totally Committed to establishing, for excellence through Achieve Customers maintaining and dedicated team w
Slide 24: Quality In Every Detail: Cutting-edge Inspection Tools
Quality In Every Detail: Cutting-edge Inspection Tools X-Ray Machine – 160 KVA UTM Universal Testing Machine CNC Contour Spectro Meter Microvickers Hardness Tester Roughness Tester Investor Presentation 23
Slide 25: Quality In Every Detail: Cutting-edge Inspection Tools
Quality In Every Detail: Cutting-edge Inspection Tools Microscope CNC CMM ZEISS VMS Density Analyser CNC CMM ACCURATE Thermal Camera Investor Presentation 24
Slide 26: Management Overview
Management Overview
Slide 27: Board Of Directors: Steering The Course Of Excellence
Board Of Directors: Steering The Course Of Excellence Mr. Anandan Sriramulu Ms. Shevaani Anandan Mr. Sriramulu Rajasekar Mr. Chinraj Venkatesan Chairman and Managing Director Whole Time Director Ramakrishnan Whole Time Director Whole Time Director Mr. Anandan completed his Post Ms. Shevaani holds a
Slide 28: Board Of Directors: Steering The Course Of Excellence
Board Of Directors: Steering The Course Of Excellence Mr. Narenkumar Mandepudi Mr. Achaya Kumarasamy Independent Director Independent Director Mr. Narenkumar completed engineering from the REC Allahabad and Mr. Kumarasamy has done post graduation in Diploma in SCM from subsequently obtained his Post
Slide 29: Business Overview
Business Overview
Slide 30: Advanced Manufacturing Capabilities: Business Verticals
Advanced Manufacturing Capabilities: Business Verticals High Machining Of Induction Pressure Die Ferrous & Heating And Casting Non - Ferrous Quenching Gas Nitriding Gear shaping (In pipeline) Investor Presentation 29
Slide 31: Precision Under Pressure: High-Pressure Die Casting
Precision Under Pressure: High-Pressure Die Casting High Pressure Die Casting • High-pressure die casting (HPDC) is a manufacturing technique employed to create intricate metal parts by injecting molten metal into a metal Mold cavity at elevated pressure. • Ideal for mass production, this process en
Slide 32: Metals Refined: Ferrous & Non-ferrous Machining
Metals Refined: The Precision Artistry Of Ferrous & Non-ferrous Machining Machining Of Ferrous & Non - Ferrous Non-Ferrous Machining Capabilities Ferrous Machining Capabilities Computer Numerical Control (CNC) Machining for VTL (Vertical Turning Lathe) Setup Non-Ferrous Parts VTLs excel in heavy-dut
Slide 33: Metallurgical Mastery: Induction Heating & Quenching
Metallurgical Mastery: Induction Heating & Quenching Induction Heating And Quenching In the dynamic realm of automotive engineering, precision and robustness are key. Automotive parts must endure harsh conditions while offering excellent performance. A pivotal method in this endeavor is induction ha
Slide 34: Gas Nitriding: A Major Milestone
Gas Nitriding: A Major Milestone Gas Nitriding • Gas nitriding is a thermochemical surface treatment process that diffuses nitrogen into the surface of a metal to create a hard, wear-resistant layer. This process is essential for enhancing the performance and longevity of critical components, such a
Slide 35: Focus on High-Precision Gears & Planetary Carriers
Focus on High-Precision Gears & Planetary Carriers Gear shaping • Gear shaping machines are vital in manufacturing high-precision gears. They use a cutting tool that reciprocates up and down while rotating in synchronization with the gear blank. • The precision ensures high-quality gears suitable fo
Slide 36: Understanding Thaai Casting Product Landscape
Understanding Thaai Casting Product Landscape Thaai Casting Aluminum Alloy Components Redefining Limits, Offering Versatility from 9 to 9,000 Gms for Automotive and Non Automotive. Investor Presentation 35
Slide 37: Innovation In Metal: A Comprehensive Look At Product Portfolio
Innovation In Metal: A Comprehensive Look At Product Portfolio Engine Mounting Support Brackets Engine Mounting Support Brackets Transmission Mounts End Use End Use End Use Engine Base Mounting For Cars Anti Vibration Component (Damper Device) Anti Vibration Component (Damper Device) For Cars For Ca
Slide 38: Innovation In Metal: A Comprehensive Look At Product Portfolio
Innovation In Metal: A Comprehensive Look At Product Portfolio Armature – Steering Wheel Electrical Connectors YFG Base Frame RHD / LHD End Use End Use End Use Steering Wheels For Cars Instrumental Device For Non-Automobile OVRM (Outside Rear View Mirror) Component Investor Presentation 37
Slide 39: Innovation In Metal: A Comprehensive Look At Product Portfolio
Innovation In Metal: A Comprehensive Look At Product Portfolio Top Cover & Housing Joint Flangs Escalator End Use End Use End Use EV Bus Battery Box Components For Cooling Device Car Radiator Used For Escalator & Elevator Investor Presentation 38
Slide 40: Innovation In Metal: A Comprehensive Look At Product Portfolio
Innovation In Metal: A Comprehensive Look At Product Portfolio Enclosure Raw Material /Semi-finished goods received Finished products after Induction for Induction Heating and Quenching (IHQ) Heating and Quenching (IHQ) End Use Instrumentation Components Investor Presentation 39
Slide 41: Vertical Wise Revenue Break-up
Vertical Wise Revenue Break-up In % In % In % In % FY24 FY23 FY22 FY21 8.37 7.62 11.48 12.48 91.63 88.52 87.52 92.38 High Pressure Die Casting Machining of Ferrous and Non-Ferrous and Induction Heating and Quenching (IHQ) In ₹ Cr Particulars FY24 FY23 FY22 FY21 High Pressure Die Casting 82.97 45.23
Slide 42: Industry Overview
Industry Overview
Slide 43: India's Thriving Role In The Global Auto Component Landscape
India's Thriving Role In The Global Auto Component Landscape The Indian Auto Component Industry Is Set To Become The 3rd Largest Globally By 2025. By 2026, The Automobile Component Sector Will Contribute 5-7% Of India's GDP. • India is emerging as a global hub for auto component sourcing and the ind
Slide 44: Tapping Vast Potential: Domestic & Exports Markets In Focus
Tapping Vast Potential: Domestic & Exports Markets In Focus Domestic Market Potential (In US$ Bn) Export Market Potential (In US$ Bn) 80.00 200.00 51.20 57.00 56.50 19.00 20.10 43.55 49.30 15.17 14.50 13.30 33.80 FY18 FY19 FY20 FY21 FY22 FY23 FY26 FY19 FY20 FY21 FY22 FY23 FY26 • India’s domestic mar
Slide 45: Harnessing Wind Power & the Wind Energy Revolution
Harnessing Wind Power & the Wind Energy Revolution The recent assessment indicates a gross wind power potential of 695.50 GW at 120 meter and 1163.9 GW at 150 meter above ground level. • India’s wind energy sector is led by indigenous wind power industry and has shown consistent progress. The expans
Slide 46: Financial Overview
Financial Overview ote ~~
Slide 47: Profit & Loss Statement
Profit & Loss Statement In ₹ Cr Thaai Casting Limited Thaai Casting Partnership Firm Particulars From For the Period ended H2 FY24 12th June 2023 to 31st Mar FY23 July 31, 2023 2024 Net Sales 48.00 70.96 19.59 48.96 Other Income 0.13 0.13 0.01 0.16 Total Income 48.13 71.09 19.60 49.12 Raw Material c
Slide 48: Key Financial Highlights
Key Financial Highlights Total Income EBITDA & PAT EBITDA Margin & PAT Margin EBITDA PAT EBITDA % PAT % 90.69 26.49 29.12 25.17 49.12 13.70 12.36 15.10 38.42 13.16 10.26 5.06 5.04 3.01 1.15 FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 FY24 All Amount In ₹ Cr & Margins In % Investor Presentation 47
Slide 49: Profit & Loss Statement
Profit & Loss Statement In ₹ Cr Particulars FY24 FY23 FY22 Net Sales 90.55 48.96 38.34 Other Income 0.14 0.16 0.08 Total Income 90.69 49.12 38.42 Raw Material costs 45.52 29.96 26.48 Employee Cost 5.24 5.46 4.28 Other Expenses 13.44 1.34 2.60 Total Expenditure 64.20 36.75 33.36 EBIDTA 26.49 12.36 5.
Slide 50: Balance Sheet
Balance Sheet In ₹ Cr Equities & Liabilities FY24 FY23 FY22 Assets FY24 FY23 FY22 Equity 23.13 16.17 8.95 Non-Current Assets Reserves 49.11 0.00 0.00 Fixed Assets 27.14 20.14 65.28 Net Worth 72.24 16.17 8.95 Other Non Current Financial Assets 0.00 3.66 0.00 Non Current Liabilities Deferred Tax Asset
Slide 51: Cashflow Highlights
Cashflow Highlights In ₹ Cr Particulars FY24 FY23 FY22 Cashflow from Operations -28.01 7.26 -2.38 Cashflow from Investments -66.08 -13.40 -9.67 Cashflow from Financing 105.16 6.20 12.11 Net Cash Flow 11.07 0.06 0.06 Opening Cash Balance 0.00 0.07 0.01 Closing Cash Balance 11.07 0.13 0.07 Note – The
Slide 52: Key Ratios
Key Ratios (In %) (In %) ROE ROCE 40.10 24.12 18.96 19.47 16.87 8.49 12.26 9.57 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 (In Times) (In Times) Debt to Equity Interest Coverage 2.77 2.63 6.01 1.85 4.10 2.32 1.88 0.63 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 Investor Presentation 51
Slide 53: Key Ratios
Key Ratios (In Times) (In Times) Current Ratio Fixed Asset Turnover Ratio 2.08 1.90 1.80 1.65 1.50 1.39 1.09 1.03 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 (In ₹) (In ₹) Earnings Per Share Book Value 6.40 31.23 2.96 9.51 5.26 0.68 2.79 0.24 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 Company has recently
Slide 54: Why Thaai Casting
Why Thaai Casting
Slide 55: Masters Of Casting: Unveiling Competitive Strengths
Masters Of Casting: Unveiling Competitive Strengths Continuous Improvement (KAIZEN Process) Workforce Expertise Leadership Excellence Production Scalability Advanced Inspection Systems Delivery Commitment Specialized Talent Retention Investor Presentation 54
Slide 56: Growth Strategy
Growth Strategy Thaai Casting Limited is proactively shifting its strategy to significantly boost sales, aligning with the core vision. The approach involves: Effectively investing in Industry 4.0 Actively promoting technologies to and increasing the streamline sales of the current operations, enhan
Slide 57: Stock Data
Stock Data NSE | ISIN: INE0QJL01014 As on 14-11-2024 Share Holding Pattern As on 30-09-2024 Share Price (₹) 163.95 Market Capitalization (₹ Cr) 377.48 36.42 Promoter & Promoter Group No. of Shares Outstanding 2,31,29,600 Public 63.58 Face Value (₹) 10 52 Week High-Low (₹) 261.65 - 131.10 Share Perfo
Slide 58: Strategic Vision: A Closer Look With SWOT Analysis
Strategic Vision: A Closer Look With SWOT Analysis Strengths Weaknesses Continuous Improvement (KAIZEN Process) Geographical constrain Workforce Expertise Leadership Excellence Production Scalability Advanced Inspection Systems Delivery Commitment Specialized Talent Retention Opportunities Threats D
Slide 59: Investment Rationale
Investment Rationale Strong Market Position in Auto Components Proven Expertise and Certifications Thaai Casting specializes in high-precision pressure With over 12 years of operational experience, die casting and machining for both ferrous and non- the company boasts ISO/IATF 16949:2016 ferrous mat
Slide 60: Thank You
Thank You Thaai Casting Limited A-20,Sipcot Industrial Park, 7th Cross Street, Pillaipakkam, Sriperumbudur, Tamil Nadu – 602 105 info@thaaicasting.com E-mail: info@thaaicasting.com Phone: 91 93442 29999 www.thaaicasting.com Website: www.thaaicasting.com Kirin Advisors Private Limited 713-B, Lodha Su