Pennar Industries Limited · NSE:PENIND
Pennar Industries — Q2 FY19 Earnings Presentation
23 slides from Pennar Industries's earnings presentation, November 2018
Slide 1: Q2 & H1 FY19 Results Presentation
PENNAR INDUSTRIES LIMITED Q2 & H1 FY19 RESULTS PRESENTATION NOVEMBER 2018
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”) have been prepared by Pennar Industries Limited (“Pennar” or the “Company”) solely for information purposes and do not constitute an offer to sell or, recommendation or solicitation of an offer to subscribe for or purchase
Slide 3: Discussion Summary
Discussion Summary ❖ Quarterly Results Update ❖ Company Overview
Slide 4: Q2 & H1 FY19: Key Highlights (Standalone)
Q2 & H1 FY19: Key Highlights (Standalone) Q2 FY19 YoY Analysis In Rs Mn Total Income (Net) EBITDA & EBITDA Margin * PAT & PAT Margin * 9.4% 9.1% 2.7% 2.9% 3,846 2,866 351 270 112 34 % 30 % 77 45 % Q2 FY18 Q2 FY19 Q2 FY18 Q2 FY19 Q2 FY18 Q2 FY19 H1 FY19 YoY Analysis Total Income (Net) EBITDA & EBITDA
Slide 5: Q2 & H1 FY19: Key Highlights (Consolidated)
Q2 & H1 FY19: Key Highlights (Consolidated) Q2 FY19 YoY Analysis In Rs Mn Total Income (Net) EBITDA & EBITDA Margin * PAT & PAT Margin * @ 10.5% 5,279 8.0% 2.9% 2.4% 4,264 448 420 125 127 24 % 6% 1.4 % Q2 FY18 Q2 FY19 Q2 FY18 Q2 FY19 Q2 FY18 Q2 FY19 H1 FY19 YoY Analysis Total Income (Net) EBITDA & E
Slide 6: Q2 FY19: Key Business Updates
Q2 FY19: Key Business Updates Engineering Products Rising share of value-added & higher margin engineering products leading to improved gross margins • Supply of critical structural railway components (coaches, wagons, other parts) generated gross revenues of Rs 936 Mn, delivering 126% YoY growth in
Slide 7: Q2 FY19: Key Business Updates
Q2 FY19: Key Business Updates Engineering Solutions PEBS Pennar: • Pre-engineered buildings generated gross revenues of Rs 1,387 Mn, delivering 25% YoY growth in Q2 FY19 • Solar MMS generated gross revenues of Rs 61 Mn in Q2 FY19 • Engineering Services generated Rs 64 Mn, delivering 46% YoY growth i
Slide 8: Q2 FY19: Key Projects Under Execution (PEBS Pennar)
Q2 FY19: Key Projects Under Execution (PEBS Pennar) URC Sangoo 8
Slide 9: Q2 FY19: Key Projects Under Execution (PEBS Pennar)
Q2 FY19: Key Projects Under Execution (PEBS Pennar) GMR 9
Slide 10: Q2 FY19: Key Projects Under Execution (PEBS Pennar)
Q2 FY19: Key Projects Under Execution (PEBS Pennar) Hi-Rise Phoenix Bosch 10
Slide 11: Q2 FY19: Key Projects Under Execution (Pennar Enviro)
Q2 FY19: Key Projects Under Execution (Pennar Enviro) ONGC BHEL JSW Energy Motherson 11
Slide 12: Q2 & H1 FY19: Standalone Profit & Loss Statement
Q2 & H1 FY19: Standalone Profit & Loss Statement Particulars (Rs. in Mn) Q2 FY19 Q2 FY18 YoY% H1 FY19 H1 FY18 YoY% FY18 Revenue From Operations (Net of Taxes) 3,807 2,855 33.4% 7,210 5,849 23.3% 12,274 Other Income 39 11 246.8% 58 17 242.9% 60 Total Income 3,846 2,866 34.2% 7,267 5,866 23.9% 12,334
Slide 13: Q2 & H1 FY19: Standalone Balance Sheet
Q2 & H1 FY19: Standalone Balance Sheet Particulars (Rs. in Mn) H1 FY19 FY18 Particulars (Rs. in Mn) H1 FY19 FY18 Equity & Liabilities Assets Equity Share Capital 602 602 Other Equity 3,682 3,458 Non-Current Assets Property, Plant And Equipment 2,855 2,670 Total Equity 4,284 4,060 Capital Work-in-pro
Slide 14: Q2 & H1 FY19: Consolidated Profit & Loss Statement
Q2 & H1 FY19: Consolidated Profit & Loss Statement Particulars (Rs. in Mn) Q2 FY19 Q2 FY18 YoY% H1 FY19 H1 FY18 YoY% FY18 Revenue From Operations (Net of Taxes) 5,182 4,225 22.6% 9,804 8,501 15.3% 17,681 Other Income 98 39 153.1% 140 60 134.6% 159 Total Income 5,279 4,264 23.8% 9,944 8,561 16.2% 17,
Slide 15: Q2 & H1 FY19: Consolidated Balance Sheet
Q2 & H1 FY19: Consolidated Balance Sheet Particulars (Rs. in Mn) H1 FY19 FY18 Particulars (Rs. in Mn) H1 FY19 FY18 Equity & Liabilities Assets Equity Share Capital 602 602 Other Equity 4,782 4,527 Non-Current Assets Shareholder’s Equity 5,383 5,128 Property, Plant And Equipment 3,478 3,275 Non Cotro
Slide 16: Discussion Summary
Discussion Summary ❖ Quarterly Results Update ❖ Company Overview
Slide 17: Diversified Engineering Company With End-To-End Capabilities
Diversified Engineering Company With End-To-End Capabilities Wide Spectrum of Engineered Products & Customised Turnkey Engineering Solutions Across Diverse Industries Strong Pedigree 35+ 1,500+ 1,000+ 7 2,500+ & Engineering Years of Engineered Customers Across Manufacturing Employee Excellence Exper
Slide 18: Strong Track Record: Consistent Growth & Improving Profitability
Strong Track Record: Consistent Growth & Improving Profitability In Rs Mn Total Revenues EBITDA & EBITDA Margin PAT Before MI & PAT Margin CAGR: 12% CAGR: 24% CAGR: 28% 12.4% 4.4% 4.6% 17,840 11.6% 2.7% 3.4% 3.2% 9.5% 10.5% 15,496 8.3% 13,101 820 12,708 2,218 11,286 1,625 582 1,513 498 1,209 431 935
Slide 19: Robust Manufacturing Facilities & Pan India Sales Network
Robust Manufacturing Facilities & Pan India Sales Network Location Products Sales Network Presence Manufacturing Plants Patancheru, Press Components, Profiles, ESP / Building Products, Sheet Piles / Andhra Pradesh Solar, Railway Components, CRSS, Fabrication Chennai, Coaches, Auto Profiles, Componen
Slide 20: Experienced Leadership & Management Team
Experienced Leadership & Management Team Nrupender Rao Aditya N. Rao P. V. Rao K. Chakravarthy Executive Chairman Vice Chairman & Managing Director CEO Managing Director PEBS Pennar Pennar Enviro Dayasagar Rao Y Narasimha Rao M. Bhoopal Reddy Shiva Kumar K Operations Business Head, Business Head, Bu
Slide 21: Board of Directors – Strong Corporate Governance
Board of Directors – Strong Corporate Governance Nrupender Rao Aditya N. Rao P. V. Rao K Lavanya Kumar Executive Chairman Vice Chairman, Managing Director Whole Time Director Managing Director PEBS Pennar Name Designation Description Ravi Chachra Non-Executive Director • Graduate in Commerce and M.B
Slide 22: Shareholding Structure
Shareholding Structure Shareholding Pattern – September 2018 Key Shareholders – September 2018 Promoters Saif India IV FI Holdings Limited 10.09% Public 36.4% 42.1% Franklin India Smaller Companies Fund 7.22% CLSA Global Markets Pte Ltd 2.02% Institutions 21.5% Ashmore India Opportunities Fund 1.25%
Slide 23: Thank You
Thanking You Thank You Nilesh Dalvi / Neha Butala Sunil Kuram IR Consultant Vice President Contact No: 9819289131 / 8879003342 Email ID: sunil.kuram@pennarindia.com Email ID: nilesh.dalvi@dickensonir.com / neha.butala@dickensonir.com