Man Industries (india) Limited · NSE:MANINDS
Man Industries (india) — Q4 FY2023 Earnings Presentation
18 slides from Man Industries (india)'s earnings presentation, 2023
Slide 1: Earnings Presentation Q4-FY23/FY23
1 Earnings Presentation Q4-FY23/FY23 www.lloyds.in
Slide 2: Snapshot
2 Snapshot Among leading manufacturer of 2 state of art manufacturing large diameter pipes with 3 facility with 5 production lines 1.15 Million+ MTPA Decades of presence in Pipe Strategically located units to cater Total installed capacity Industry export market API grade LSAW, HSAW, ERW, 25+ Years
Slide 3: Company Overview
3 Company Overview • Man Industries (India) Ltd. (MAN), was incorporated in 1988 and is the flagship company Consolidated Revenue (INR Mn) & EBITDA Margins (%) of the Man Group promoted by the Mansukhani family and is listed on National Stock Exchange (NSE) & Bombay Stock Exchange (BSE). 20,802 21,3
Slide 4: Marquee Clientele across Globe
4 Marquee Clientele across Globe Domestic Clients International Clients EARNINGS PRESENTATION
Slide 5: Manufacturing Prowess
5 Manufacturing Prowess • Man Industries (India) Ltd. has two plants: one plant in Anjar, Kutch District of Gujarat and other in Pithampur, Madhya Pradesh spread over a total of 180 acres. • The combined manufacturing capacity of all plants is 1.15 Mn TPA of LSAW, HSAW and ERW Pipes with strong cont
Slide 6: Enhancing the Product Mix
6 Enhancing the Product Mix Current Capacity Projected Capacity o Working towards optimum utilization of current capacity, o Further diversification into Seamless Stainless Steel Pipe to Identification of area of improvement in current setup and serve the Chemical, Oil & Gas, Fertilizers industry. u
Slide 7: Well poised to capture increasing industry opportunities
7 Company Well poised toSnapshot capture increasing industry opportunities ERW 6” to 18” Diameter size (API Project Cost 1,25,000 MTPA Completed in Q4 FY23 Grade) Approx. INR 170 Cr Stainless Steel (Seamless Pipe) 20,000 0.5” to 5” Diameter size (API Project Cost Expected to be completed MTPA Grade)
Slide 8: Financial Highlights
8 Financial Highlights EARNINGS PRESENTATION
Slide 9: Q4-FY23/FY23 Key Financial Highlights
9 Q4-FY23/FY23 Key Financial Highlights Q4-FY23 Consolidated Financial Performance FY23 Consolidated Financial Performance INR 5,977 Mn INR 410 Mn INR 22,313 Mn INR 1,372 Mn Total Revenue EBITDA Total Revenue EBITDA 6.86% INR 261 Mn 6.15% INR 680 Mn EBITDA Margin Net Profit EBITDA Margin Net Profit
Slide 10: Q4-FY23/FY23 Operational Highlights
10 Q4-FY23/FY23 Operational Highlights • During the quarter the company successfully ventured into the ERW steel pipes business. • Inaugurated first plant in Anjar, Gujarat, dedicated to manufacturing ERW API Grade Line Pipes to cater to the Hydro-carbon and CGD sectors. • The unexecuted order book
Slide 11: Quarterly Consolidated Financial Performance
11 Quarterly Consolidated Financial Performance Particulars (INR Mn) Q4-FY23 Q4-FY22 Y-o-Y Q3-FY23 Q-o-Q Revenue from Operations 5,977 6,138 (2.6)% 6,581 (9.2)% Total expenses 5,567 5,731 (2.9)% 5,993 (7.1)% EBITDA 410 407 0.7% 588 (30.3)% EBITDA Margins (%) 6.86% 6.63% 23 Bps 8.93% (207) Bps Deprec
Slide 12: Annual Consolidated Income Statement
12 Annual Consolidated Income Statement Particulars (INR in Mn) FY23 FY22 Y-O-Y Revenue from Operations 22,313 21,386 4.3% Operating Expenses 20,941 19,580 7.0% EBITDA 1,372 1,806 (24.0)% EBITDA Margins (%) 6.15% 8.44% (229) Bps Depreciation 454 454 NA Finance Cost 410 373 9.9% Other Income 396 371
Slide 13: Historical Consolidated Income Statement
13 Historical Consolidated Income Statement Particulars (INR in Mn) FY20 FY21 FY22 FY23 Revenue from Operations 17,593 20,802 21,386 22,313 Operating Expenses 15,913 18,751 19,580 20,941 EBITDA 1,680 2,051 1,806 1,372 EBITDA Margins (%) 9.55% 9.86% 8.44% 6.15% Depreciation 523 464 454 454 Finance Co
Slide 14: Historical Consolidated Balance Sheet
14 Historical Consolidated Balance Sheet Particulars (INR Mn) FY21 FY22 FY23 Particulars (INR Mn) FY21 FY22 FY23 EQUITY AND LIABILITIES ASSETS Equity Share Capital 286 296 301 Non-Current Assets Other Equity 8,063 9,126 9,741 Property, Plant and Equipment 3,264 3,120 4,841 Right-of-use Assets 103 63
Slide 15: Historical Consolidated Financial Performance
15 Historical Consolidated Financial Performance Revenue(INR Revenue (INR Mn) Mn)&&Gross GrossMargins (%) (%) Margins Revenue EBITDA (INRMn) (INR Mn)& & Gross EBITDAMargins (%) (%) Margins Revenue (INRMn) PAT (INR Mn)& & Gross Margins (%) PAT Margins (%) 21,386 22,313 1,016 20,802 2,051 1,008 17,593
Slide 16: Capital Market Data
16 Capital Market Data 1 Year Stock Performance (up to 31st March,2023) 10% 0% -10% -20% -30% -40% Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Man Industries Sensex Market Data (As on 31st March, 2023) Shareholding Pattern (As on 31st March, 2023) Shareholder
Slide 17: Disclaimer
17 Disclaimer Man Industries Ltd. Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in
Slide 18: Thank You
18 THANK YOU EARNINGS PRESENTATION
Man Industries (India) — Q4 FY2023 Earnings Presentation on 6ix