Alicon Castalloy Limited · NSE:ALICON
Alicon Castalloy — Q4 FY2021 Earnings Presentation
26 slides from Alicon Castalloy's earnings presentation, May 4, 2021
Slide 1: Alicon Castalloy Ltd Q4 & FY21 Results Presentation
Alicon Castalloy Ltd Q4 & FY21 Results Presentation May 4, 2021
Slide 2: Forward-looking statements disclaimer
Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "conte
Slide 3: About Q4 & FY2021 Concall
About Q4 & FY2021 Concall Alicon Highlights Details 3
Slide 4: About Alicon Castalloy
About Alicon Castalloy
Slide 5: End-to-end solutions across the entire spectrum of aluminum casting needs
Offers end-to-end solutions spanning the entire spectrum of aluminum casting needs across multiple user industries Offers - Design, Diversified Pioneer in Engineering, marquee Robust track India for Casting, Customer record of 44 processes of Operates one Leaders in the Machining and base across yea
Slide 6: Alicon key facts and figures
851 86 88 customers with.. 4 INR crore of Total INR crore of Manufacturing Income in FY21 EBITDA in FY21 744 Live Parts Units 131 1,039 Presence in No. of product 18 No. of permanent innovations during FY20 countries employees 6
Slide 7: A blend of European engineering skills, Japanese quality and Indian ingenuity
Enkei Corporation Alicon Castalloy Leading Japanese Largest Foundry in India – motor cycle and offering frugal engineering passenger car solutions wheel A blend of manufacturer European 70+ years of 50+ years of track record 230+ engineering skills, experience Years of Cumulative Japanese quality Si
Slide 8: Catering to key sectors of the Indian economy
Prototype Design Tool Design & Painting & Manufacturing Simulation Machining & Tool Sub-Assembly Manufacturing VA/VE Casting Fixture Design & Suggestions Manufacturing Manufacturing Catering to key sectors of the Indian economy Automobile Infrastructure Aerospace Medical Energy Agriculture 8
Slide 9: Strategic locations enable shorter time-to-market and cost optimization
Strategic locations enable shorter time-to-market and enhanced cost optimization 4 modern plants France (1 international) Slovakia High-end machines Austria Binola USA Pune Advanced Technology Centre Globally competent Tool Rooms (20 tools/ a month USA Marketing Franchise Full-edged Machine Shop (in
Slide 10: Diversity across markets and industries provides a natural hedge
Diversity across markets and industries provides a natural hedge TWO WHEELER OEM FOUR WHEELER OEM TIER 1 & NON AUTO Not reliant on a single ‘anchor’ customer None of the customers contribute >15% of turnover AND MANY MORE…. 10
Slide 11: Q4 & FY2021 Operational & Financial Highlights
Q4 & FY2021 Operational & Financial Highlights
Slide 12: Best ever quarter in Q4FY21
• Alicon Castalloy reported its best ever quarter in Q4FY21 with the following achievements: – Revenues of Rs. 323 crore at all-time high for a single quarter – EBITDA of Rs. 49.1 crore at all-time high for a single quarter – EBITDA Margin of 15.2% is the highest ever setting a new internal benchmar
Slide 13: Business & Macro-demand Highlights
Business & Macro-demand Highlights: • Alicon delivered a robust uptick in performance in Q4 in-line with strong momentum seen in volume offtake across both the domestic and export markets • Domestically, OEMs witnessed sustained demand since the onset of festive season driven by new launches, pent u
Slide 14: COVID-19 situation and business response
• From a demand standpoint, while there was reasonable optimism in the markets in Q4FY21, the environment has evolved now with the spread of the COVID-19 infections • The Country is witnessing localized lockdowns and restrictions being carried out in place of nation-wide lockdown as was the case las
Slide 15: Key Motto for FY 20-21: 3R
• In FY21, the Company has booked • Lower fixed expenses 81parts • Lean and Agile manufacturing Sustainable Cost- New • This includes 39 parts in the Domestic processes optimisation Business business • Improved gross margins Wins: • 42 parts from the Export business • Focus on reducing overheads Key
Slide 16: Q4 FY21 financial performance
• Reported a robust uptick in Total Income EBITDA performance both on a QoQ and YoY basis during the quarter 49.1 323.1 • Performance supported by 269.5 33.7 198.3 improved contribution from 12.8 international subsidiary – Illichman. • In Q4, Total Income was Q4FY20 Q3FY21 Q4FY21 higher by 63% YoY a
Slide 17: Q4 FY21 revenue mix: auto/non-auto, domestic/exports
Non- auto, 8% Exports, 23% Auto, 92% Domestic, 77% 17
Slide 18: Strong rebound in H2 FY21
Capitalised on market recovery to deliver a strong rebound in H2 Total Income EBITDA 851.4 82.7 86.0 592.6 258.8 3.3 H1 FY21 H2 FY21 FY21 H1 FY21 H2 FY21 FY21 EBITDA % 1.3 14.0 10.1 PBT PAT 40.2 36.8 1.1 -1.9 -39.1 -38.7 H1 FY21 H2 FY21 FY21 H1 FY21 H2 FY21 FY21 Figures in Rs. Crore PAT % NM 6.2 NM
Slide 19: FY21 financial performance
Total Income EBITDA • Total Income stood at Rs. 851.4 crore 960.0 as against Rs. 960.0 crore in FY20 • Other income stood at Rs. 2.9 crore, 851.4 108.7 lower by 11% 86.0 • Gross margins improved by 230 bps to 51.4% on account of cost- FY20 FY21 optimisation measures undertaken FY20 FY21 during the y
Slide 20: FY21 revenue mix: auto/non-auto, domestic/exports
Non-auto, 10% Exports, 23% Auto, 90% Domestic, 77% 20
Slide 21: Profit and loss statement
Particulars (Rs. crore) Q4FY21 Q4FY20 Y-o-Y Shift FY21 FY20 Y-o-Y Shift Net Revenue from Operations 322.57 197.72 63% 848.57 957.19 -11% Other Income 0.51 0.61 -16% 2.86 2.79 2.5% Total Income 323.08 198.33 63% 851.43 959.98 -11% Total Expenditure 274.01 185.51 48% 765.41 851.29 -10% Raw Material ex
Slide 22: Balance sheet
As on March As on March As on March As on March Liabilities (Rs. Crore) Assets (Rs. Crore) 31, 2021 31, 2020 31, 2021 31, 2020 a) Shareholders’ Funds 316.98 314.93 a) Non-current Assets 420.18 417.08 b) Non-current Liabilities (NCL) 186.54 161.84 a) Current Assets 486.82 484.33 - Long-term Borrowing
Slide 23: Group CEO commentary on performance
Commenting on the performance, Mr. Rajeev Sikand, Group CEO , Alicon Castalloy said, “We have reported a solid performance this quarter with revenues higher by 63% YoY and by 20% QoQ. Growth was primarily driven by robust uptick in volumes by OEMs across both the domestic and export markets and also
Slide 24: Concall Details
Concall Details
Slide 25: Q4 & FY21 Earnings Conference Call
Alicon Castalloy’s Q4 & FY21 Earnings Conference Call Time & Date • 11.00 AM IST on Tuesday, May 4, 2021 Local dial-in numbers • +91 22 6280 1141 • +91 22 7115 8042 International Toll Free Number • Hong Kong: 800 964 448 • Singapore: 800 101 2045 • UK: 0 808 101 1573 • USA: 1 866 746 2133 25
Slide 26: Thank You
Thank You For further information, please contact: Tarunkumar Vyas Alicon Castalloy Ltd Tel: +91 74200 73369 E-mail: tarun.vyas@alicongroup.co.in Mayank Vaswani / Shikha Kshirsagar / Mit Shah CDR, India Tel: +91 22 98209 40953 / 99201 68314 Email: mayank@cdr-india.com shikha@cdr-india.com For more i