Tega Industries Ltd. · NSE:TEGA
Tega Industries — Q3 FY23 Earnings Presentation
26 slides from Tega Industries's earnings presentation, Jan 31, 2023
Slide 1: Stock exchange intimation letter
January 31, 2023 To, The Corporate Services Department, Manager - Listing Department Bombay Stock Exchange Limited The National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, G Block, Dalal Street, Bandra-Kurla Complex Mumbai- 400 001 Bandra (E), Mumbai - 400 0
Slide 2: Q3 & 9M FY23 Results Presentation
TEGA INDUSTRIES LIMITED Q3 & 9M FY23 Results Presentation January 2023
Slide 3: Company Overview
COMPANY OVERVIEW TEGA INDUSTRIES LIMITED
Slide 4: Tega Industries Limited
Tega Industries Limited Leading manufacturer & Commenced operations in Catering to global mineral distributor of specialized ‘critical India in 1978, in collaboration beneficiation, mining & bulk to operate’ & recurring with Skega AB, Sweden solids handling industry consumable products1 Immunity fro
Slide 5: Corporate Structure
Corporate Structure Tega Industries Ltd 100% 50%JV Tega Holdings Pte Ltd Hosch 100% 100% 100% Tega Industries Africa Tega Industries Chile Losugen Pty Ltd Proprietary Ltd. SpA 4 TEGA INDUSTRIES LIMITED
Slide 6: Evolution into a Global Multi-product Player
Evolution into a Global Multi-product Player Intellectual Property, Additional Patent, Initial Public Foundation Buyout Acquisition Greenfield Project Offering Collaboration of our Buyout by Madan Mohan Grant of patent in relation to Grant of patent in relation to The shares of the company Promoter,
Slide 7: The Focus Behind Our Vision
The Focus Behind Our Vision TEGA is committed to engineering flawless solutions that enrich the future of mining Committed: We have made long-term investments to deepen our core competence. Engineering: We are a technology-led and specialized competence- driven company that addresses complex custome
Slide 8: Our Value-accretive Business Model
Our Value-accretive Business Model Experience Wallet Share Mission-Critical Productivity Driver Developed rich insight into the Products with established ore quality and terrain realities productivity and efficacy. across 70 countries, helping to Majority customers buy large continuously provide imp
Slide 9: Our Value-accretive Business Model
Our Value-accretive Business Model Inherent Advantages Strategic Positioning Supply chain High Entry Barrier Proximity Customized design Low reliance on outsourcing Presence in high entry moderates its dependence on barriers of technology and vendors minimizing the knowledge. We operate in possibili
Slide 10: Our digitalization momentum (Industry 4.0)
Our digitalization momentum (Industry 4.0) Digital Transformation Disruption Initiatives to enhance systemic Ground-shifting sensor- based efficiency, moderate redundancy, product. This IoT-driven product safeguard from viruses and cyber- will send out real-time alerts on attacks, accelerate data re
Slide 11: Q3 & 9M FY23 Performance Highlights
Q3 & 9M FY23 Performance Highlights TEGA INDUSTRIES LIMITED
Slide 12: FY23 Performance Trend
FY23 Performance Trend Q1 FY23 Q2 FY23 Q3 FY23 YoY YoY YoY Operating Revenue Operating Revenue Operating Revenue +41% +20% 15% Rs. 2,444 mn Rs. 2,762 mn Rs. 2,969 mn Operating EBITDA Operating EBITDA Operating EBITDA +96% +38% 32% Rs. 461 mn Rs. 541 mn Rs. 672 mn PAT +94% PAT +57% PAT 44% Rs. 230 mn
Slide 13: Consolidated Financial Performance
Consolidated Financial Performance Quarterly Revenue (Rs mn) & Operating EBITDA % 9M Revenue (In Rs mn) & 22.7% Operating EBITDA % 18.9% 19.6% 19.8% 17.1% 20.5% 17.2% 13.6% 2969 8176 2578 2444 2762 2360 1732 6617 33% 12% 13% 8% Q1 FY22 Q2 FY22 Q3 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Quarterly PAT (Rs mn) 48
Slide 14: Operations & Growth Strategy
Operations & Growth Strategy TEGA INDUSTRIES LIMITED
Slide 15: Strategic Advantages
Strategic Advantages 1 Diverse & Innovative Products 2 Insulated from Capex Cyclicity of 3 Strong R&D leading to Multiple Patents, with Low Mining Players with focus on Substitution Threat Quality 4 Diverse Global Presence with 5 Consistent Growth with Operational 6 Track Record of Successful Strong
Slide 16: Diverse & Innovative Products
1 Diverse & Innovative Products FLAGSHIP PRODUCTS MILL LINERS HYDROCYCLONES SCREENS & TROMMELS CONVEYOR PRODUCTS SALE OF PRODUCTS Rapido Spillex Specialized, ‘critical to operate’ And recurring consumable products DynaPrime DynaPulp Tega Cyclone (PExEL) Trommel Centrax Sale of Services Screening Sol
Slide 17: Insulated from Capex Cyclicity of Mining Players
2 Insulated from Capex Cyclicity of Mining Players Upfront capex & After-market spend over the lifecycle of a mill Recurring cost for miners 1X Approx. split 3X Upfront Capex After market spend ~75% Repeat Orders (over last 3 years) 16 TEGA INDUSTRIES LIMITED
Slide 18: Strong R&D leading to Multiple Patents
3 Strong R&D leading to Multiple Patents Track record of bringing multiple innovative products to the market ISO 45001:2018 India 2018 – Rapido 2018 – DynaPrime 2016 – Chutes 2015 – Trommels R&D Capability Quality Control ISO 9001:2015 India, South Africa o We do not rely on outsourcing: reduces our
Slide 19: Diverse Global Presence - Manufacturing & Sales Capabilities
4 Diverse Global Presence - Manufacturing & Sales Capabilities International manufacturing operations Chile South Africa Australia Commissioning/Acquisition: Commissioning/Acquisition Commissioning/Acquisition: 2011 : 2006 2010 Product capabilities: Product capabilities: Product capabilities: Mill l
Slide 20: Consistent Growth & Long-Term Repeat Business
5 Consistent Growth & Long-Term Repeat Business ESTABLISHED TRACK RECORD CAGR 14.5% Revenue from Operations Growth Momentum FY19-22 CAGR 23.6% Robust market position Built Inherent Strength Forged Strong Operating EBITDA from Relations FY 19-22 Differentiated, High Margin Business Entry barriers hel
Slide 21: Track Record of Successful Inorganic Growth Strategy
6 Track Record of Successful Inorganic Growth Strategy JV in 1991 Acquisition in 2006 o Assistance from Hosch England o Expand operations globally covering aspects such as planning, o Provided access to manufacturing layout, overseas marketing, R&D and capabilities and customers in procurement of ra
Slide 22: Key Growth Drivers Going Forward
Key Growth Drivers Going Forward Diverse & Leverage in-house R&D to Expand manufacturing Explore opportunities Operational efficiencies Innovative Products grow product offerings & capabilities to optimise for inorganic growth & margin expansion with Low capitalize on future trends economies of scal
Slide 23: Key Growth Drivers Going Forward
Key Growth Drivers Going Forward Capitalise on growing relevance Disrupt the market Balance Sheet integrity • Ore grades depleting in gold mines • Penetrate the market with the distinctive • Expand largely out of accruals • Disproportionate growth in mining and mineral DynaPrime product • Fund worki
Slide 24: Experienced Board of Directors
Experienced Board of Directors MADAN M. MOHANKA MEHUL MOHANKA SYED YAVER IMAM Chairman and Executive Director Managing Director and Group CEO Executive Director Appointed: Since inception Appointed: Jun-02 Appointed: Jul-05 Promoter, Founder and Chairman One of the Promoters, MD & Group CEO Serves a
Slide 25: Management Team
Management Team MEHUL MOHANKA SYED YAVER IMAM MD and Group CEO Director – Global Product Management Group & Head of Sales One of the Promoters of the Company, MD & Group CEO Associated with Tega for four decades Associated with Tega for almost two decades Joined as a Trainee in 1981 and climbed up t
Slide 26: Thank You!
THANK YOU! Mr. Manoj Kumar Agarwal-CFO Mr. Kaushal Sureka- DGM Finance investor.relations@tegaindustries.com Mr. Nachiket Kale +91 9920940808 nachiket.kale@linkintime.co.in Mr. Rajesh Agrawal Sr. Vice President +91 99674 91495 Rajesh.Agrawal@linkintime.co.in