Slide 1: Salzer Electronics Limited Result Update Presentation Q3 & 9M FY22
Salzer Electronics Limited Result Update Presentation Q3 & 9M FY22
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Salzer Electronics Limited (the “Company”) solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with an
Slide 3: Table of Contents
Table of Contents Financial Highlights Company Overview Business Overview Way Ahead 3
Slide 4: Financial Highlights
Financial Highlights
Slide 5: Joint Managing Director's Message
Joint Managing Director’s Message Commenting on the results, Mr. Rajesh Doraiswamy, Joint Managing Director, said : “The impacts of third wave of the pandemic seem to be subsiding now though there are new variants coming in, despite that the markets in India and abroad are recovering from the slowdo
Slide 6: Key Financial Highlights – Quarterly
Key Financial Highlights – Quarterly Revenue, EBITDA, PAT (Rs. Crore) Revenue EBITDA PAT 250 30.0 211.8 189.7 194.8 25.0 200 170.4 162.1 155.0 18.8 18.4 20.0 17.5 149.8 149.0 17.7 16.7 143.5 16.9 16.7 16.7 17.3 150 16.4 134.7 16.1 137.8 134.7 132.3 16.2 126.8 126.5 14.8 14.0 14.3 15.0 95.7 100 9.1 9
Slide 7: Q3 FY22 Financial Highlights
Q3 FY22 Financial Highlights Standalone Consolidated Rs. in Crore Q3 FY22 Q3 FY21 Y-o-Y % Q2 FY22 Q3 FY22 Net Revenue 211.82 170.44 24.28% 194.81 218.82 Raw Materials 167.62 133.97 154.05 171.42 Employee Cost 7.35 6.47 6.91 8.49 Other Expenses 19.17 12.72 15.43 20.51 Total Expenditure 194.14 153.16
Slide 8: Q3 FY22 Revenue Breakup – Business Verticals
Q3 FY22 Revenue Breakup – Business Verticals Q3 FY21 Q3 FY22 Industrial Switchgear, 49.6% Industrial Switchgear, 38.83% Energy Management , Wire & Cable, 0.00% 55.86% Building Segment, Building Segment, 6.8% 5.32% Wire & Cable, 43.6% ▪ Industrial Switchgear – 49.55% of net revenues ▪ Wires & Cables
Slide 9: Q3 FY22 Revenue Breakup – Geographical
Q3 FY22 Revenue Breakup – Geographical Q3 FY21 Q3 FY22 Asia (Exclu. India), Middle East, 0.9% Asia (Exclu. India), Middle East, North/South North/South 7.9% 8.1% 0.5% America, 5.4% America, 4.1% Europe, 5.4% Europe, 7.9% India, 77.9% India, 81.9% 9
Slide 10: 9M FY22 Financial Highlights
9M FY22 Financial Highlights Rs. in Crore 9M FY22 9M FY21 Y-o-Y % 9M FY22 (Consl) Net Revenue 555.61 415.93 33.58% 569.62 Raw Material Expenses 436.24 319.56 442.29 Employee Expenses 20.79 16.84 23.97 Other Expenses 47.68 33.91 51.02 Total Expenditure 504.71 370.31 517.28 EBITDA 50.90 45.62 11.57% 5
Slide 11: 9M FY22 Revenue Breakup – Business Verticals
9M FY22 Revenue Breakup – Business Verticals 9M FY21 9M FY22 Industrial Switchgear, 51.1% Industrial Switchgear, 41.3% Energy Management , Wire & Cable, 0.7% 53.0% Building Segment, Building Segment, 6.2% 5.0% Wire & Cable, 42.7% ▪ Industrial Switchgear – 51.12% of net revenues ▪ Wires & Cables – 42
Slide 12: 9M FY22 Revenue Breakup – Geographical
9M FY22 Revenue Breakup – Geographical 9M FY21 9M FY22 Asia (Exclu. India), Middle East, 1.1% Asia (Exclu. India), Middle East, North/South 10.6% 8.8% 1.2% America, 4.5% North/South America, 5.4% Europe, 5.5% Europe, 7.4% India, 75.5% India, 80.0% 12
Slide 13: Balance Sheet as on 30th Sept'21
Balance Sheet as on 31st Mar’ 21 As on 30th As on 31st As on 30th As on 30th As on 31st As on 30th Rs. Crore Rs. Crore Sept’ 21 Mar’ 21 Sept’ 21* Sept’ 21 Mar’ 21 Sept’ 21* Shareholder’s Funds 340.37 331.29 345.94 Non-current assets 254.14 260.14 247.43 Share capital 15.98 15.98 15.98 Property, Plan
Slide 14: Key Financial Highlights – Annual
Key Financial Highlights – Annual Revenue (Rs. Crore) EBITDA (Rs. Crore) / Margins (%) 70 11.5% 13% 12.0% 60 605.6 11.4% 12% 559.8 566.9 50 10.2% 442.8 40 11% 30 63.6 65.2 61.8 53.3 10% 20 9% 10 0 8% FY18 FY19 FY20 FY21 FY18 FY19 FY20 FY21 Net Profit (Rs. Crore) Networth as on 31st March (Rs. Crore)
Slide 15: Annual FY21 Financial Highlights
Annual FY21 Financial Highlights Rs. in Crore FY21 FY20 Y-o-Y % FY21 (Consl) Net Revenue 605.62 566.95 6.82% 625.74 Raw Material Expenses 470.39 419.81 481.13 Employee Expenses 24.34 26.40 28.12 Other Expenses 49.10 55.55 53.48 Total Expenditure 543.83 501.76 562.72 EBITDA 61.79 65.19 (5.21%) 63.02
Slide 16: Company Overview
Salzer Electronics Company Limited Overview Investor Presentation FY17
Slide 17: Company Overview
Company Overview Leading player offering total and customized electrical solutions ▪ Presence in Industrial Switchgears, Wires & Cables and Energy management business ▪ Largest manufacturer of Cam Operated Rotary Switches – Market leader with 25% share Extensive Product portfolio across verticals wi
Slide 18: From a Single Product Company…
From a Single Product Company… ▪ Unit I (Coimbatore) – manufacture ▪ Leading player offering total and contactors, relays, panels, energy customized electrical solutions savers ▪ More than 15 different products ▪ Starting of long term association with ▪ 2,000 employees L&T ▪ 5 manufacturing units ▪
Slide 19: Professional Management
Professional Management R.Doraiswamy ▪ Qualified Electrical Engineer and Technocrat Entrepreneur with over 2 decades of experience Managing Director ▪ Vast Experience in Foreign Collaboration & wide global contacts D.Rajeshkumar ▪ Electrical Engineer, India; Post Graduate in Business Management, US
Slide 20: Business Overview
Business Overview
Slide 21: Business Overview
Business Overview Industrial Switch Gear Products Copper Products ▪ Transformers ▪ Wires & Cables ▪ Terminal Blocks ▪ Flexible Bus Bars ▪ Rotary Switches ▪ Enamelled Wires ▪ Isolators ▪ Bunched Conductors ▪ General Purpose relays ▪ Tinned Copper Wires ▪ Wiring Ducts ▪ MPCB’s ▪ Contactors & OLR’s ▪ C
Slide 22: Wide Product Suite- Customized for OEM's
Wide Product Suite- Customized for OEM’s CT’s Terminal Sockets Coils / Inductors Panels In-house manufacturing and R&D enables superior customization of products 22
Slide 23: Key Strengths
Key Strengths Wide Distribution Network Strong Customer Relationships ▪ Wide distribution network – international and domestic ▪ Strong customer relationships across globe ▪ Tie up with L&T – access to over 350 dealers Complete Backward Integration ▪ Preferred supplier to GE, Schneider and in India;
Slide 24: Five Manufacturing facilities...
Five Manufacturing facilities... UNIT I UNIT 2 UNIT 3 UNIT 4 UNIT 5 ▪ Rotary Switch ▪ Toroidal Transformers ▪ Wiring Accessories ▪ Wires & Cables ▪ Enamelled Copper ▪ Contactors & Relays ▪ Isolators (Dis-connectors) ▪ Flexible Bus Bars Wires ▪ Panel Assembly ▪ Terminals ▪ Bunched Conductors ▪ Fine E
Slide 25: ...With In-house process capabilities
...With In-house process capabilities... ▪ Full fledged Type testing laboratory ▪ In-house tool room facility for manufacturing and – Loads up to 500Amps servicing of Moulds and press tools – Environmental test chamber for humidity test – CNC Wire Cut Machines and Spark erosion machines – Salt spray
Slide 26: ...And a strong R&D team
...And a strong R&D team R&D expenses (Rs crore) ▪ In-house R&D Center 12.00 − More than 35 engineers − Recognized by Department of Science, Govt of India ▪ Patented Rotary switches 8.50 9.07 7.75 ▪ Five patents in process − Manual Single-Phase Starter with no voltage tripping, Energy Saver System f
Slide 27: Internationally certified
Internationally certified ISO 9001 ISO 14001 ISO 18001 CE Certification UL Certification CB certification RoHS Intertek Semko approval CSA Certification ... Across entire product portfolio 27
Slide 28: Blue Chip Customers
Blue Chip Customers ▪ Technical Tie-up with American Company ▪ Marketing Tie-up with L&T for Indian Market C3Controls, to manufacture & market contactors & overload relays ▪ Largest supplier of rotary switches to Indian ▪ Technical Tie-up with Trafomodern for Three Phase Railways Transformers ▪ Pref
Slide 29: Wide Distribution Network
Wide Distribution Network International Domestic ▪ Direct network across 50 countries Direct network ▪ Tie up with L&T – access to more than 350 ▪ 17% of sales from global distribution across 50 dealers in India ▪ 40 international distributors countries ▪ Direct network for Modular Switches – 50 ▪ P
Slide 30: Way Ahead
Way Ahead
Slide 31: Way Ahead
Way Ahead Operational Excellence ▪ Consistently executing business strategy and continued focus on improving operating costs by sourcing quality raw materials and efficient manpower Venture into new project/ product development ▪ Seek Technical alliances to develop new and technically advanced produ
Slide 32: Way Ahead: Environment, Social, Governance
Way Ahead Environment Social Governance ▪ Committed towards a cleaner, greener ▪ Continues to contribute towards skill ▪ M./s JDS Associates for statutory and healthier environment development among the local audit, M/s. Covai Management ▪ Optimise energy consumption population Services for internal
Slide 33: Thank You
Thank You SALZERELEC 517059 SZE IN SALZ.BO For further information, please contact: Company : Investor Relations Advisors : Salzer Electronics Ltd. Bridge Investor Relations Pvt. Ltd. Mr. Baskarasubramanian Ms. Savli Mangle baskarasubramanian@salzergroup.com savli@bridge-ir.com Mr. Rahul Trivedi rah