Batliboi Limited · BSE:BATLIBOI
Batliboi — H1 FY2025 Earnings Presentation
36 slides from Batliboi's earnings presentation, Nov 29, 2024
Slide 1: Cover letter to BSE: Investor Presentation
Date : 29th November, 2024 Subject: Investor Presentation Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we are enclosing herewith copy of Investor Presentation titled Batliboi Limited Investor Presentation Q2 & 1HFY25 The ab
Slide 2: Batliboi Ltd Investor Presentation 2Q & 1HFY25
Batliboi Ltd Investor Presentation 2Q & 1HFY25 Visit Our Website www.batliboi.com 1
Slide 3: Disclaimer
Disclaimer This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Batliboi Ltd.'s (“Batliboi Ltd” or the Company) future business developme
Slide 4: Management Commentary on 2Q and 1HFY25 Results
Management Commentary on 2Q and 1HFY25 Results Chairman of Batliboi Ltd I am pleased to announce that Batliboi Ltd has delivered outstanding performance in the first half of FY25. Our revenue grew by 12%, reaching INR 149 crore, EBITDA rose by 27% to INR 13 crore, while Profit before tax surged by 5
Slide 5: About Batliboi Ltd
About Batliboi Ltd Batliboi at a Glance Batliboi: A Well Diversified Business Group Batliboi Groups and Divisions 4
Slide 6: Batliboi Ltd at a Glance
Batliboi Ltd at a Glance 375 INR 75cr INR 7cr INR 5cr Number of employees 2QFY25 Revenue 2QFY25 EBITDA 2QFY25 PBT INR 4cr 0.25x Exports in 2QFY25 PAT Net debt to equity 15+ Countries as at Sept,2024 INR 286cr FY24 Revenue High Growth Business Segments ✓ Machine Tools ✓ Air Engineering ✓ Textile Mach
Slide 7: Batliboi Ltd: A Well Diversified Business Group
Batliboi Ltd: A Well Diversified Business Group Machine Tools Other Group Textile Engineering Companies ❖ Batliboi Environmental Engineering Air Engineering Textile Machinery Manufacturing Agencies Ltd (Air Pollution, Industrial Fans, Group Group Division Division Hydrogen Gas Solutions). Leading ma
Slide 8: Machine Tools
Machine Tools Revenue from Machine Tool Division (INR Cr) Manufacturing Division 167 (India) Agency Division 124 ❑ Offers 2 to 3 axis CNC machines – Represents state of the art Machine 104 100 Vertical Machining Centers, Tools for: 91 83 Turning Centers, Vertical Turning ❑ Metal Cutting Lathes. ❑ Me
Slide 9: Machine Tools Global Presence: Quickmill our Canadian Subsidiary
Machine Tools Global Presence: Quickmill our Canadian Subsidiary Quickmill is headquartered in Quickmill revenue contribution to Total Revenue (%) 400+ Projects Installed Peterborough, Ontario, Canada and is engaged in the manufacture and sale of large size Gantry Drilling & Milling 105 machines. It
Slide 10: Textile Engineering
Textile Engineering It consists of Air Engineering and Textile Machinery Revenue from Textile Engineering Group (INR Cr) 129 118 Air Engineering Group Textile Machinery Group 104 92 Solutions for Air Engineering in: • Serves the Spinning, Knitting, Processing, and Technical textile 68 industry. 48 •
Slide 11: Our USP's
Our USP’s Diverse Business Segments Extensive marketing network Large Manufacturing Base A Growing Orderbook 10 10
Slide 12: Diverse Business Segments
Diverse Business Segments Total Revenue (Inr cr) Approximate Breakup (%) 1% 3% 286 254 32% 41% 197 149 66% 58% FY22 FY23 FY24 1H FY25 FY24 1H FY25 Amt (Inr cr) Machine Tools Textile Engineering Others Geographical Presence (%) 39% 50% 61% 50% FY24 1H FY25 Domestic Business International Business 11
Slide 13: Widespread Sales and Distribution Network in India
Widespread Sales and Distribution Network in India Ludhiana Mohali New Delhi Faridabad 15 Branch Offices Ahmedabad Vadodara Kolkata Rajkot Surat Nashik Mumbai Aurangabad 15 Pune Number of country Kolhapur Guntur Corporate Office exports Manufacturing Facility Sales & Service Offices Chennai Bengalur
Slide 14: Strong Manufacturing Base
Strong Manufacturing Base 8 acres could be developed for other than use by the Land 4 Acres marked for sale company In Surat waiting for right price, approximate value over INR40 crores 03 45 acres of land Powered by Bing © GeoNames, Microsoft, TomTom 02 01 13
Slide 15: Healthy Backlog
Healthy Backlog Order Backlog of INR 285cr (as of September 30,2024) Outstanding Value (%) 80.00% 20.00% Machine Tool Group Textile Engineering Group 14
Slide 16: Strategic Initiatives
Strategic Initiatives Proposed merger of Batliboi Ltd. and Batliboi Environmental Engineering Ltd. (BEEL) Key Structure of the deal Capex Tapping the opportunity in CNC space Emerging opportunities from Air Engineering (Textile & Non Textile Industries) and Textile Machinery space Foraying in Green
Slide 17: Proposed Merger of Batliboi Ltd and Batliboi Environmental Engineering Ltd (BEEL)
Proposed Merger of Batliboi Ltd and Batliboi Environmental Engineering Ltd (BEEL) Strengthen Balance Sheet Endeavour to become Net Debt Free post merger Focused Operations Optimally leverage Manpower, Fixed Assets and Manufacturing Facilities Value unlocking by the merger Leveraging customer relatio
Slide 18: Batliboi Environmental Engineering Limited (BEEL)
Batliboi Environmental Engineering Limited (BEEL) Air Pollution Control Hydrogen Gas Division Industrial Fans Solutions Design, Engineering, Hydrogen Solutions for Industrial Design, Manufacturing and Installation and Applications such as: Supply of Centrifugal Fans & Commissioning of: • On-site gen
Slide 19: Key Structure Mechanics of the Deal
Key Structure Mechanics of the Deal Merger of Batliboi Environmental Engineering Limited (BEEL) with Batliboi Limited o The Board of Directors of Batliboi Limited at their Meeting held on 11th March, 2024 had accorded their approval on revised scheme of Merger of Batliboi Environmental Engineering L
Slide 20: Seizing Rising Opportunity Through Expansion Plans: Machine Tools
Seizing Rising Opportunity Through Expansion Plans Machine Tools • Increase the capacity of Machine Tool Business from 25 machines per month to 50 machines in the next Double two years. Capacity • Revenues could increase by ~INR80cr post capacity installation ~7.8% CAGR(FY23-FY32) Estimated Growth o
Slide 21: Seizing Rising Opportunity Through Expansion Plans: Textile Engineering
Seizing Rising Opportunity Through Expansion Plans Textile Engineering Capacity & • Increasing the capacity adding state-of-the-art Quality production machines Enhancement • Focusing on quality • Improving market share ~5.3% CAGR(FY23-FY32) Estimated Growth of Global Textile Machinery Market INR 5cr
Slide 22: Massive Opportunity in CNC Machine Market Globally
FY23 (USD 1.13bn) FY27 (USD 1.71bn) Others Aerospace Aerospace Others 7% 5% 5% Automative Manufacturers Defence Defence 41% 17% Automative 15% Manufacturers 41% Massive Opportunity General Engineering/ General Engineering/ in CNC Machine Industrial Industrial 32% 33% Market Globally Global CNC Machi
Slide 23: Emerging Opportunity from Textile Sector
Emerging Opportunity from Textile Sector ❑ The rising fast-fashion trend is driving up demand for Textiles and Apparel exports from India (USD bn) innovative textile machinery used to create modern 65 clothing with unique fabrics, patterns, styles, colors, and designs. 37 36 ❑ To grab on the rising
Slide 24: Foraying on Sustainability Green Hydrogen Space
Foraying on Sustainability Green Hydrogen Space Why Green Hydrogen? Market Size Investment 5MMT of Green Hydrogen by FY2030 INR 8 trillion worth of opportunities in Green Hydrogen space. Sustainability 50MMT of CO2 emissions are expected to be averted 23
Slide 25: Batliboi Ltd Roadmap
Batliboi Ltd Roadmap ➢ Expanding newer geographies of Gulf, Vietnam, Exports Bangladesh and Uzbekistan ➢ Better realizations Way Debt Reduction ➢ Endeavour to become net Debt free company post the merger with BEEL. Forward 15% CAGR ➢ We aim to grow our Revenue on Consolidated basis. 24
Slide 26: Annexures
Annexures 25
Slide 27: Our Rapid Growth Milestone
Our Rapid Growth Milestone Net Revenue (INR cr) EBITDA (INR cr) and EBITDA margins (%) 286 254 197 8% 8% 9% 149 5% 10 20 23 13 FY22 FY23 FY24 1H FY25 FY22 FY23 FY24 1H FY25 EBITDA Margins (%) Leverage Ratios (x) PAT (INR cr) & PAT margins(%) 6.25 4% 3% 5% 11 3.27 9 7 2.71 FY22 FY23 FY24 1H FY25 0.48
Slide 28: Professional Management Team
Profess ional Management Team Nirmal Bhogilal Sanjiv Joshi Kabir Bhogilal Chairman Managing Director Whole Time Director ❖ Mr. Nirmal Bhogilal is a B.Sc. (Engg.), Chemical ❖ Mr. Sanjiv Joshi is a B. E. Mechanical and Post ❖ Mr. Kabir Bhogilal is a BA (Hons), Business Administration, De Engineering f
Slide 29: Consolidated Q2 & 1HFY25 Income Statement
Consoli date d Q 2&1HFY25 Income S tateme nt Particulars (INR in Cr) 2QFY25 2QFY24 % YoY Chg 1QFY25 % QoQ Chg 1HFY25 1HFY24 % YoY Chg Revenue from Operations 75 70 8% 73 3% 149 133 12% Gross Profit 34 29 17% 32 7% 66 56 17% EBITDA 7 6 20% 6 12% 13 10 27% EBITDA Margin % 9% 8% 91bps 8% 76bps 9% 8% 10
Slide 30: Consolidated Income Statement
Consolidated Income Stateme nt Particulars (INR in Cr) FY 22 FY 23 FY24 Revenue from Operations 197 254 286 Gross Profit 75 101 120 EBITDA 10 20 23 EBITDA Margin % 5% 8% 8% Depreciation 4 4 4 Earnings Before Interest & Tax 6 16 19 Finance cost 8 5 5 Profit Before Tax -2 11 14 Tax 2 1 5 Net Profit -5
Slide 31: Consolidated Balance Sheet
Consolidated Balanc e Sheet Particulars FY22 FY23 FY24 1HFY25 Particulars FY22 FY23 FY24 1HFY25 Current Assets: NON-CURRENT LIABILITIES Long Term Borrowings 42 61 56 55 Inventories 34 33 45 43 Lease Liability 1 1 2 2 Trade Receivables 19 32 38 46 Trade Payables 2 2 1 1 Cash And Cash Equivalents 12 7
Slide 32: Recent Participations in Exhibitions
Rec ent Partic ipations in Exhibitions ITMA 2023 Milan, Italy 8-14 Jun Air Engineering ITMA 2023 Milan, Italy 8-14 Jun Textile Machinery ACMEE 2023 Chennai, India 15-19 Jun Machine Tools IMTEX 2024 Bengaleru, India 19-23 Jan Machine Tools 31
Slide 33: Sample Customer Base: Machine Tools
Sample Customer Base Machine Tools ▪ Andritz Hydro Pvt. Ltd. ▪ JSW Steel ▪ Balkrishna Industries Ltd ▪ Concurrent Technology Company, ▪ Kartar Agro Industries Pvt Ltd ▪ Bhabha Atomic Research Centre (BARC) USA ▪ L&T MHI Turbine Pvt Ltd. ▪ Bharat Heavy Electrical Ltd ▪ Cust-o- Fab, USA ▪ Larsen & Tou
Slide 34: Sample Customer Base: Textile Engineering
Sample Customer Base Textile Engineering ▪ Aarati International Ltd. ▪ Ambika Cotton Mils ▪ Anwar Group, Bangladesh ▪ Arvind Mills ▪ GHCL Textiles Ltd ▪ Bhilosa Industries ▪ Ha-meem Group, Bangladesh ▪ Birla Advanced ▪ Indo Count Industries Ltd ▪ Himatsingka ▪ L. S. Mills Ltd. ▪ Hunaram ▪ RSWM Limit
Slide 35: Sample Customer Base: Batliboi Environmental Engineering Ltd
Sample Customer Base Batliboi Environmental Engineering Ltd ▪ Arcelor Mittal / Nippon Steel Ltd. ▪ ATC ▪ CEAT ▪ Chloride Metals Ltd. ▪ Dianelli India Pvt. Ltd. ▪ Epsilon Carbon ▪ Good Year ▪ ISGEC ▪ JSPL ▪ JSW Ltd. ▪ Larsen & Toubro ▪ Megha Engineering Ltd ▪ Nuclear Fuel Complex ▪ SAIL ▪ Thermax ▪ Y
Slide 36: Connect with us.
Connect with us. Saloni Ajmera Pooja Sawant Tel: +91-99305 77801 Tel: +91-22 6637 8200 Email: saloni@goindiaadvisors.com Email: investors@batliboi.com w w w.b atli bo i.co m Sheetal Khanduja Tel: +91-97693 64166 Email: sheetal@goindiaadvisors.com w w w. g o i n d i a a d v i s o r s . c o m 35