Slide 1: Exchange filing cover letter
9KIPPER Lite(l Date: 2nd May, 2024 The Manager The Manager National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Dalal Street Plot No. C-1, Block-G Mumbai- 400 001 Bandra Kurla Complex, Bandra (E) Scrip Code- 538562 Mumbai- 400 051 Symbol- SKIPPER
Slide 2: Investor Presentation Q4 & 12M FY'24 Results
Great Place To Work. Certified DEC 2022 - DEC 2023 INDIA I SEIZING THE MULTI DECADE OPPORTUNITY a Positioned to Power Growth in the Global tr . Transmission sector • I I :: t a � INVESTOR PRESENTATION Q4 & 12M FY’24 Results r f 4s61? 2nd May 2024
Slide 3: About Us
About Us 9KIPPER Limited Vision Mission To produce world - class 1 2 3 4 5 quality products ensuring To continue to To continue to To continue to To ensure the To reduce carbon robust National add value-added focus on sectors tap newer greater scale and footprints, and Infrastructure products and of
Slide 4: Core Strengths
Core Strengths 9KIPPERL4fnitet 42+ India’s largest and world's only Integrated T&D company having its own Structure Largest rolling, manufacturing, Tower Load Testing A manufacturer of Station & Transmission Line EPC T&D structures Years of Excellence ■ I I I I in India Awarded as “Largest Tower Sup
Slide 5: Inflection Point with Growth Ahead
Sustainable, diversified Confidence Boost with International & profitable businesses well- winning key projects puts domestic opportunities positioned to continue to us as front runner in for growth in key segments Inflection generate compelling long- term growth key segments – Power Transmission, T
Slide 6: Management
Management 9KIPPER -- Limited -- Independent Mr. Amit Kiran Deb Mrs. Mamta Binani Mr. Raj Kumar Patodi Mr. Ashok Bhandari Sri Pramod Kumar Shah Chairman Independent Director Independent Director Independent Director Independent Director Independent Director Whole Time Sajan Kumar Bansal Sharan Bansa
Slide 7: Core differentiators
Core differentiators 9KIPPER L4fnitet Broad Based Portfolio Exciting Opportunities Ahead Our Ability to Win Enhanced Profitability Diversified Products Build on Long-Standing Winning projects Operational delivering sustainable Relationships with our through competitive efficiencies & growth Customer
Slide 8: Product Portfolio
Product Portfolio Engineering Infrastructure Polymer Power Transmissio Railway Transmission UPVC n Tower Structures Line EPC Pipes MS & Power High Distribution Tensile Telecom CPVC Poles Angles EPC Pipes Test HDPE Monopoles Station Coatings Pipes Fasteners & Telecom Tower Tower Accessories Water EPC
Slide 9: Core Competencies
Core Competencies @KIPPER Limited Modern Technology: Our Value Chain Automated State-of-the-Art Equipment • The company utilizes cutting-edge automated equipment, representing the latest advancements in technology. Value Optimization: Engineering and Design Excellence • Engineering and design excell
Slide 10: R&D Capabilities
R&D Capabilities $ &Pren - gKIpPpER R6D Limited Leading through innovation Tested towers & monopoles • We have strengthened our • We are assuring our clients by innovation capabilities backed by our talented designing and R&D conducting prototype tests in our state-of-art test centers. 765 kV S/C 22
Slide 11: Performance & Financial Highlights – Q4 & 12M'24
Performance & Financial Highlights – Q4 & 12M’24 .--- % l l ·, 4 4 $ 4 1 I ' t 'a;• ' 4 I I ---------· t $ « ' v - .•@, gig ·.--�
Slide 12: FY'24 – The year of Many Firsts
Product FY’24 – The Portfolio year of Many Firsts 9KIPPER -L4mite Engineering Infrastructure Polymer Power Registered its best ever Annual Achieved highest ever Quarterly Achieved highest ever Annual Transmission Railway Achieved highest ever annual order Transmission UPVC revenue performance – Rs 3
Slide 13: Business Update – Q4 FY'24
Business Update– Q4 FY’24 9KIPPER -- Limited -- Revenue Performance Highlights - Company registered its best ever revenue quarter of Rs 11,535 million on back of strong performance across all its major business segments; achieved growth of 76 % over previous year quarter period. - Engineering busine
Slide 14: Business Update – 12M FY'24
Business Update– 12M FY’24 9KIPPER -- Limited -- Revenue Performance Highlights - Achieved its best ever annual revenue performance ; Revenue increased to Rs 32,820 million against Rs 19,803 million, registering a growth of 66 % against provided guidance of 25%. - Engineering business segment achiev
Slide 15: Consolidated Financial Performance Q4 FY'24
@KIPPER Consolidated Financial Performance Q4 FY’24 Rs in Mn L4fnitet YoY QoQ Sl Profit & Loss Summary Q4 FY’24 Q4 FY’23 Change % Q3 FY’24 Change % 1 Revenues 11,535.1 6,573.6 75.5% 8,015.8 43.9% 2 Reported EBITDA 1,085.4 716.0 51.6% 770.7 40.9% EBITDA Margins (%) 9.4% 10.9% -150 Bps 9.6% -20 Bps 3
Slide 16: Consolidated Financial Performance 12M FY'24
Consolidated Financial Performance 12M FY’24 Rs in Mn 9KIPPERLifted Sl Profit & Loss Summary 12M FY’24 12M Fy’23 Change % 1 Revenues 32,820.4 19,803.0 65.7% 2 Reported EBITDA 3,194.3 1925.5 65.9% EBITDA Margins (%) 9.7% 9.7% 3 (+) Other Income 85.9 53.2 4 (-) Depreciation 525.3 467.8 5 (-) Finance C
Slide 17: Segment Report
Segment Report 9KIPPER L4fnitet Segment I Profit & Loşs Summary I Q4 FY'24 I Q4 FY'23 I Change % 12M FY24 12M FY'23 Change % Net Sales 7,009.7 4,974.2 40.9% 22,310.4 15,238.6 46.4% Engg Products EBITDA 810.3 640.0 26.6% 2,595.4 1,716.5 51.2% % of Sales 11.6% 12.9% 11.6% 11.3% Net şales 1,035.0 1,488
Slide 18: Performance highlights – 12M FY'24
9KIPPER Performance highlights – 12M Fy ’24 L4fnitet Strong Revenue Performance across major business segments Stand Alone - Revenue D ii I Rs in Mn Segment - Revenue w I 35,000 32,820 + 46 % 30,000 66% 22,310 25,000 19,803 20,000 15,239 15,000 + 11 % 10,000 + 1085 % 5,984 4,526 4,060 5,000 505 0 12
Slide 19: Efficient Debt Management
Efficient Debt Management @KIPPERL4fnitet Standalone Debt Details 31.03.24 31.03.2023 Inc / (Dec) Long Term Debt 3,008 1,919 1,089 Current Maturities of Long Term 540 572 (32) Debt Total Long Term Debt 3,548 2,491 1,057 Short Term Debt 2,224 2,349 (125) Gross Debt Level 5,772 4,840 932 • The short t
Slide 20: Stand Alone - Performance & Leverage Ratios
Stand Alone - Performance & Leverage Ratios 9KIPPER L4fnitet Particulars 31.03.24 31.03.23 Working Capital Ratios (+) Inventory Days 135 170 (+) Debtor Days 89 70 (-) Payable Days 136 109 Net Working Capital Days 88 131 Leverage Ratios Debt Equity (X) 0.65 0.63 Debt to EBITDA (X) 1.81 2.51 Performan
Slide 21: Stand Alone - Cash Flow & Utilization 12M FY'24
Stand Alone - Cash Flow & Utilization 12 M FY’24 9KIPPER Limited Cash used in Cash Flow from Capex Investments Operations Rs 1,020 million Rs 3,330 million Cash used in Interest, Total Inflows Tax and Dividend Rs 4,765 ) Increase in Rs 1,860 million Total Outflow Million Borrowings Rs 4,765 Million
Slide 22: Order Book Composition
Order Book Pie 9KIPPER L4fnitet Current Order Book Composition Total Order Book Segment Break up Rs 62,150 million 13% Export 13% Domestic 53% 87% Order Breakup 34% ■ Domestic ■ Export ■ T&D ■ Export ■ Non T&D Domestic Non T&D Products includes - Telecom, Railways, Solar, Water EPC & other Steel Str
Slide 23: Order Book Highlights – 31st March 2024
Order Book Highlights – 31st March 2024 @KIPPER L4fnitet - Order Book Highlights The company has secured new orders worth Rs 11,410 million, during the - The current closing order book stands at highest ever level of - The company has a robust bidding pipeline, actively pursuing projects worth Quart
Slide 24: Order Inflow Trend
Order Inflow Trend 9KIPPER L4fnitet Fy’24 Total Inflow - Rs 42,860 Mn FY’24 Total Export Inflows – Rs 7,820 Mn Achieved highest ever order inflow for any 28,630 quarter Secured highest ever annual order inflow of Rs 42,860 million Rs in Miilion Consistently clocked inflows in excess of 15,290 4,000
Slide 25: Strong Bidding Pipeline
Strong Bidding Pipeline 9KIPPERL4mite Strong Bidding Pipeline of 167,300 Million as on 31st March 2024; International – 108,300 Mn & Domestic - 59,000 Mn Expecting International Ordering & Execution to gain further pace in FY’25 ; In advanced Stages of negotiation to secure some good size Internatio
Slide 26: Emphasizing Export Expansion
Emphasizing Export Expansion 9KIPPER L4fnitet - Increased Export Growth Potential - Favorable Business Climate - Enhanced Brand Positioning - Confidence-Boosting Certifications Targeting a significant increase in Post Covid India has emerged as a Recent establishment of an R&D Centre Certified by pr
Slide 27: Global Footprints
Global Footprints $KIPPERL4fnt(@t Middle East Africa • Jordan • Kenya South America Europe • Saudi Arabia • Egypt • Peru • UK • UAE • Ghana • Colombia • •Spain Nigeria • Qatar • Chile • •Finland Zambia • Oman • Paraguay • Sierra Leone • Kuwait Africa • Panama • Guinea • Iraq • Uruguay •Kenya • South
Slide 28: Power T&D Lines – A Multi Decadal Opportunity
Power T&D Lines – A Multi Decadal Opportunity 9KIPPER --- Limited --- Key Growth Drivers Load growth Generation and increased capacity electrification addition Multilateral Growth in Renewable funding energy support demand for development transmission equipment Reforming Technology markets developme
Slide 29: Importance of New Transmission Lines for Renewables
Importance of New Transmission lines for Renewables @KIPPER L4fnitet Resource Location • Many renewable sources are in remote areas I • Transmission lines bridge the gaps to where energy is needed Energy Reliability • Renewables can be intermittent due to weather • New line help balance supply and d
Slide 30: Optimistic Sector Outlook
Optimistic Sector Outlook 9KIPPER -- Limited The massive global and Post Covid India has emerged domestic focus and as a preferred sourcing location India‘s plans to generate and • India’s Power Sector demand Our global investment on building vis-a-vis other Asian Countries; integrate 500 GW Of reac
Slide 31: Polymer Products Business
Polymer Products Business >
Slide 32: Polymer Highlights
Polymer Highlights 9KIPPER -- Limited - Leading manufacturer of polymer pipes and - Cumulative Production Capacity of 62,000 - Only Polymer Pipe company in India to - Growing National Presence with Over 31,000 Retail - One of the Country’s most organized channel fittings, catering to both TPA implem
Slide 33: Polymer Highlights
Polymer Highlights 9KIPPER L4fnitet Achieved Best ever Annual Revenue & Sales Tonnage Performance Sales Tonnage (MT) Revenue (Rs in Mn) 32,189 4,526 11 % 30 % 4,060 24,823 12M FY'24 12M FY'23 12M FY'24 12M FY'23 Investor Presentation | May 2024 32
Slide 34: Polymer Growth Drivers
Polymer Growth Drivers @KIPPERL4fnitet - The PVC and Fittings market, estimated to be worth approximately Rs 300 billion in FY 2020, is - Growing PVC pipe demand in India fueled by government initiatives like - The Jal Jeevan Mission (JJM) initiative aims to provide tap water predicted to reach Rs 5
Slide 35: Skipper Pipes – 100% Lead Free Campaign
Skipper Pipes – 100% Lead Free Campaign 9KIPPER -- Limited SKIPPER --PIPES-- SKIPPER FOR LIFE Skipper Pipes have been certified with highest standard SKIPPER CPVC PIPES - of NSF 14. 700% LEAD FRE Toll Free: 1800 889 9779 www.skipperpipes.in 34
Slide 36: Skipper Pipes – 100% Lead Free Campaign
Skipper Pipes – 100% Lead Free Campaign 9KIPPER L4fnitet • Skipper Pipes brand campaign as $KIPPER Pp[S- India’s safest pipes with Brand Ambassador MS Dhoni & Chris Gayle is paying rich dividends • Awarded the Green Pro Certification by CII-IGBC (Indian Green Building Council). This certificate vali
Slide 37: Performance Guidance – FY'25
Performance Guidance – FY’25 9KIPPER L4fnitet Revenue Exceeded Guidance : Revenue growth surged by 66% against the projected guidance of 25% in Fy’24 , showcasing our strong performance and effectiveness in driving business success. Continued growth trajectory : Even with our elevated revenue ba
Slide 38: Social and Environment Initiatives
Social and Environment Initiatives 9KIPPER L4fnitet Skipper cares Our company's journey towards contributing to society began long ago, and we have always believed that it's an integral part of our ecosystem. To ensure that our efforts are focused and effective, we have developed a CSR Framework in
Slide 39: Social and Environment Initiatives
Social and Environment Initiatives 9KIPPER Limited - � BETI PADHAO , ABHIY Investor Presentation | May 2024 38
Slide 40: Environmental, Social and Governance (ESG)
Environmental, Social and Governance (ESG) 9KIPPER -- Limited 1.38 MW roof top solar plant in Uluberia is expected to generate 1605164 unit / Year (Average) and 40129109 KWH in 25 Years of clean energy. Set up in September 2022, is expected to reduce the carbon emissions of approx. 1360 MT/year In F
Slide 41: Environmental, Social and Governance (ESG)
Environmental, Social and Governance (ESG) 9KIPPER --- Limited --- TATA POWER SLAROOF .r. TATA t @) suPERGAs' gs .5 •'1;-· ANNUAL CARBON SAVINGS CERTIFICATE , ,e;:,.. ~A congratulations M/s Skipper Limited for f continuing your Carbon Reduction through LPG g Your carton oftset in this process is_508
Slide 42: Recognition
Recognition 9KIPPER Limited Recognized Great place to work 2 years consecutively Great Place To AWARD: THE LARGEST TOWER SUPPLIER FOR 3rd AWARD: EMERGING POWER EPC AWARD: GLOBAL HR AWARD: NO. 1 EMERGING BRAND Work. Image to Come CONSECUTIVE YEAR GIVEN BY: PLAYER GIVEN BY: EPC WORLD EXCELLENCE GIVEN
Slide 43: Thank you
DISCLAIMER This Investor Presentation has been prepared by Skipper Limited for investors, solely for informational purposes. The information contained herein has been prepared to assist prospective investors in making their own evaluation of the Company and does not purport to be all-inclusive or to