Slide 1: Regulation 30 disclosure letter to BSE
+91 141 4400222 www.rmcindia.in admin@rmcindia.in Date: 17.06.2024 To, Department of Corporate Services Listing and Compliance BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001 Sub.: Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements
Slide 2: Investor Presentation FY24
RMC SWITCHGE ARS LIMITED Investor Presentation Harnessing Technology, Crafting Trust, and Leading India's Electrification Renaissance INVESTOR PRESENTATION FY24 Chapter 1: Company Overview 04 Chapter 2: India Drivers 20 Chapter 3: Business Strategy 24 Chapter 4: Financial Results 34
Slide 3: Forward looking statements
FY24 INVESTOR PRESENTATION Forward looking statements This presentation and the ensuing discussion may include forward- looking statements from RMC Switchgears Ltd that are not rooted in historical data. These forward-looking statements are contingent upon multiple risks and uncertainties, including
Slide 4: Investment Rationale
FY24 INVESTOR PRESENTATION Investment Rationale Established company with over 30 years of experience in Robust manufacturing capabilities with the electrical and power industry. Strong leadership team spearheaded state-of-the-art facilities, quality focus by Ashok Kumar Agarwal who has and skilled w
Slide 5: Company Overview
FY24 INVESTOR PRESENTATION Chapter 1 Company Overview 4
Slide 6: Empowering India, with Every Solution
FY24 INVESTOR PRESENTATION Empowering India, From Humble Beginnings to with Every Powering a Nation: RMC has undergone a transformative journey, evolving from a small enclosures Solution company with a 5,000 sq. ft. production facility to becoming a leader in India's power technology revolution, wit
Slide 7: Message from the Chairman & Managing Director
FY24 INVESTOR PRESENTATION Message from the Chairman & Managing Director India's electricity demand is set to quadruple, prompting a push to lessen reliance on fossil fuels in the world's third-largest energy-consuming nation. Overhauling energy transmission infrastructure is vital for this transiti
Slide 8: Message from the Whole-time Director & CEO
FY24 INVESTOR PRESENTATION Message from the Whole-time Director & CEO The industry is witnessing unprecedented growth, with increasing demand for advanced electrical infrastructure solutions. Government initiatives are crucial for preparing the infrastructure for electric vehicle (EV) and solar pene
Slide 9: Key Milestone in Our Journey
FY24 INVESTOR PRESENTATION Kye Milestone in Our Journey 2003 2009 2024 Received first order Set up a new plant for incorporation of Intelligent 1994 from Rajasthan State 2005 manufacturing SMC 2017 Hydel Solutions Private Limited. Company incorporated for meter boxes Factory area increases and Polyc
Slide 10: RMC's Diverse Offerings: Our Product Portfolio
FY24 INVESTOR PRESENTATION RMC's Diverse Offerings: Our Product Portfolio (1) Meter Box For Energy Meter Distribution Box Junction Box RMC's expansive range of innovative solutions, each meticulously crafted to address the multifaceted needs of the power sector. FRP Gratings SMC / FRP Chequered SMC
Slide 11: RMC's Manufacturing Excellence
FY24 INVESTOR PRESENTATION RMC’s Manufacturing Excellence Pultrusion & SMC Block State-of-the-Art Facilities Our manufacturing hubs are equipped with the latest technologies, ensuring precision, efficiency, and scalability in every process. Injection Moulding & Office Admin Block Quality at the Core
Slide 12: Ongoing Projects
FY24 INVESTOR PRESENTATION Ongoing Projects : Development of Distribution Infrastructure at Jalna Circle and Satara Circle of MSEDCL Cable laying work Service connection work Installation of Conductor Jumpers SUMMARY OF DETAILED SCOPE • Site Survey: Conduct site surveys in coordination with MSEDCL o
Slide 13: Steering RMC: Visionaries at the Helm
FY24 INVESTOR PRESENTATION Steering RMC: Visionaries at the Helm Mr. Ashok Kumar Agarwal Mr. Ankit Agrawal Mrs. Neha Agarwal Mr. Kuldeep Kumar Gupta Mrs. Krati Agarwal Mr. Shriram Vishwasrao Mane Chairman & Managing Director Whole-time Director & CEO Executive Director Independent Director Independe
Slide 14: Steering RMC: Adding experience and expertise in FY2024
FY24 INVESTOR PRESENTATION Steering RMC: Adding experience and expertise in FY2024 Mr. Akhilesh Kumar Jain Chief Mentor A visionary with 40+ years in the field of Electronics, Energy, Electric Mobility and IT Mr. Jain brings a wealth of expertise to RMC’s Team. He is known for his innovative and out
Slide 15: Team RMC: Leadership Team
FY24 INVESTOR PRESENTATION Team RMC: Leadership Team Ashok Kumar Agarwal CMD Neha Agarwal Ankit Agrawal Akhilesh Kumar Jain Executive Director WTD & CEO Chief Mentor Sajal Kumar Ghosh Manish Mantri Anand Chaturvedi Neelesh Varma Chief Growth Officer COO CFO AVP-Business Development Manish Dhadhich K
Slide 16: The Essence of RMC: Guiding Principles and Mission
FY24 INVESTOR PRESENTATION The Essence of RMC: Our Guiding Principles Our Mission Innovation Driven: Innovation at the Forefront: At our core, we're always looking for better ways to serve the power sector, At RMC, we believe in the relentless pursuit of advanced pushing boundaries and challenging t
Slide 17: Strong base of Pedigree Customers (1)
FY24 INVESTOR PRESENTATION Strong base of Pedigree Customers (1) State Power Utilities J&K Power Uttar Haryana HP State Ajmer Vidyut Punjab State Dakshin Haryana Jaipur Vidyut Distribution co. Ltd Bijli Vitaran Power corporation Vitaran Nigam Power Corp Ltd Bijli Vitaran Vitaran Nigam Uttar Pradesh
Slide 18: Strong base of Pedigree Customers (2)
FY24 INVESTOR PRESENTATION Strong base of Pedigree Customers (2) EPC / Smart Metering EPC (Larsen & Toubro) NCC Limited Bajaj Electricals Ashoka Buildcon TATA Projects Limited Voltas Electrical Sterling Wilson Suncity Urja Jakson Polycab Adani Energy Solutions Montecarlo Ltd Intellismart Shirdi Sai
Slide 19: India's Drivers
FY24 INVESTOR PRESENTATION Chapter 2 India’s Drivers 18
Slide 20: The Surge of India's Power Appetite
FY24 INVESTOR PRESENTATION The Surge of India's Power Appetite Fuelling Growth: Embracing Clean Energy: As India's economy and infrastructure rapidly transform, energy India's shift towards sustainable development is clear, with a demand is soaring. The ambition to become a $5 trillion economy 50% i
Slide 21: Capitalising on India's Electrification Momentum
FY24 INVESTOR PRESENTATION Capitalising on India's Electrification Momentum Railway Electrification Universal Household Electrification The Indian Railways is spearheading the electrification drive with In a landmark achievement, the government has illuminated the goal of 100% electrification by Dec
Slide 22: Capacity Building to meet future demand
FY24 INVESTOR PRESENTATION Capacity Building to meet future demand Need of Future Ready Transmission Network Building capacity for increasing demand from AMISPs Future-proofing the transmission network is crucial for integrating renewable energy, managing demand growth, and enhancing reliability. Th
Slide 23: Building on India's Green Energy Initiatives
FY24 INVESTOR PRESENTATION Building on India's Green Energy Initiatives Renewable Energy Ambition Additional Transformative Initiatives In 2019, India set a bold target to ramp up its renewable energy capacity to 450 GW by 2030. Bolstering this aim, the Government's Production Linked Incentive Progr
Slide 24: Business Strategy
FY24 INVESTOR PRESENTATION Chapter 3 Business Strategy 23 23
Slide 25: Business Evolution: From Legacy Foundations to High-Value Futures
FY24 INVESTOR PRESENTATION Business Evolution: From Legacy Foundations to High-Value Futures Embracing Our Roots: Our journey commenced with a solid grounding in enclosures, forming the backbone of our legacy. It's from this foundation that our commitment to pioneering the future of power technology
Slide 26: Reducing Electrical Loss in Maharashtra's High-Density Zones
FY24 INVESTOR PRESENTATION Case Studies of High-Value Solutions (1) Reducing Electrical Loss in Maharashtra's High-Density Zones Problem: Innovative Solution: ▪ Energy meters were situated in deeply recessed, poorly lit areas, ▪ Introduction of RMC's Multi Meter Boxes: These units encapsulate making
Slide 27: Safeguarding Distribution Transformer Centres in Jaipur
FY24 INVESTOR PRESENTATION Case Studies of High-Value Solutions (2) Safeguarding Distribution Transformer Centres in Jaipur 3. Ward off street vendors and unaware individuals, Challenge & Government Guidelines: ensuring their safety. FRP (Fibre Reinforced Plastic) Fencing Advantages: ▪ Rising incide
Slide 28: Mitigating Power Theft - The Multi-Meter Box Solution
FY24 INVESTOR PRESENTATION Case Studies of High-Value Solutions (3) Mitigating Power Theft - The Multi- Meter Box Solution end within the box. A locked metering chamber Problem: Multi Meter Box Strategy: safeguards the meters. ▪ Energy Smart meters in Mumbra near Kalyan were ▪ Relocation & Grouping:
Slide 29: Forging Ahead: RMC's Competitive Edge & Future Strategies
FY24 INVESTOR PRESENTATION Forging Ahead: RMC's Competitive Edge & Future Strategies Rich Experience Set Us Apart: Our reach experience in the power sector highlight our enhanced capabilities and dedication, ensuring we meet stringent industry standards and always deliver our best. Undeniable Creden
Slide 30: Working culture at RMC
FY24 INVESTOR PRESENTATION Working culture at RMC At RMC Switchgears, our employees are our most valuable resource. We align human resource practices with business priorities, investing in people and processes to enhance service delivery. Key Aspects of Our Working Culture: Employee Development: We
Slide 31: RMC's Horizon: Business Growth & Expansive Vision
FY24 INVESTOR PRESENTATION RMC's Horizon: Business Growth & Expansive Vision Strategic Approach: Focusing on Core Strengths: At RMC, we have meticulously designed our go-to-market strategies By leveraging our pre-qualifications, credentials, and bespoke EPC to align with both the current industry la
Slide 32: RMC's New Horizons: Diving into Water Management
FY24 INVESTOR PRESENTATION RMC's New Horizons: Diving into Water Management Need of Prudent water management: Intelligent Hydel Solutions Pvt. Ltd. India’s burgeoning population, currently exceeding 1.3 In 2024, we successfully launched a new subsidiary, holding billion and expected to reach 1.5 bil
Slide 33: Empowering a Brighter Future with RMC
FY24 INVESTOR PRESENTATION Empowering a Brighter Future with RMC Beyond Business: At RMC, it's not just about innovating in the realm of power technology. It's about touching lives, communities, and driving transformation at every level. Transform Power, Transform Lives: Every advancement we make, e
Slide 34: Green Initiatives RMC
FY24 INVESTOR PRESENTATION Green Initiatives RMC Renewable Energy Integration: We have invested significantly in renewable energy, highlighted by our new 249 kW solar plant at our manufacturing facility. This initiative reduces carbon emissions and supports India's target of 450 GW of renewable ener
Slide 35: Financial Results
FY24 INVESTOR PRESENTATION Chapter 4 Financial Results 34
Slide 36: Earning Snapshot (FY21 – FY24)
FY24 INVESTOR PRESENTATION Earning Snapshot (4-year history of full year performance FY21 – FY24) Revenue from Operations EBITDA In ₹ crore In ₹ crore 200.0 35.0 31.0 172.6 37.8% 30.0 25.2 23.2% 150.0 25.0 125.3 20.0 100.0 201.4% 15.0 353.9% 50.0 36.7 13.4% 41.6 10.0 6.7 -17.0% 5.6 5.0 0.0 0.0 FY21
Slide 37: Efficiency Ratios
FY24 INVESTOR PRESENTATION Efficiency Ratios Accounts Payable & Collection Period Inventory & Net Working Capital (Days) (Days) 180 120 108 110 157 103 160 146 100 140 118 120 102 80 69 100 72 60 80 61 41 58 39 37 60 51 40 26 40 20 20 0 0 1H FY23 2H FY23 1H FY24 2H FY24 1H FY23 2H FY23 1H FY24 2H FY
Slide 38: Consolidated Profit and Loss Statement
FY24 INVESTOR PRESENTATION Consolidated Profit and Loss Statement (Rs. In Crore) Particulars 2H FY23 2H FY24 % Change YoY FY23 FY24 % Change YoY Revenue From Operation 67.24 85.21 26.73% 125.27 172.63 37.81% COGS 41.95 52.43 24.98% 75.10 95.31 26.91% Gross Profit 25.29 32.78 29.62% 50.17 77.32 54.12
Slide 39: Consolidated Balance Sheet
FY24 INVESTOR PRESENTATION Consolidated Balance Sheet (Rs. In Crore) Equity And Liabilities FY23 FY24 Assets FY23 FY24 Shareholder's Fund Non-Current Assets Equity Share Capital 6.87 10.31 Tangible Assets 29.61 27.51 Reserve and Surplus 38.84 50.09 Intangible Assets 0.06 0.08 45.71 60.40 Long Term L
Slide 40: Consolidated Fund Flow Statement
FY24 INVESTOR PRESENTATION Consolidated Fund Flow Statement (Rs. In Crore) Particulars FY23 FY24 % Change YoY Shareholder's Funds 45.72 60.40 32.11% Minority Interest 0.00 0.05 NA Loan Funds 18.62 15.74 -15.47% Provisions 0.36 0.89 147.22% Other Long-Term Liabilities 1.77 2.01 13.56% Sources of Fund
Slide 41: Thank You
Thank You IR Consultants – Manoj Saha rmc@dickensonworld.com www.rmcswitchgears.com Investor Relations