Hindustan Aeronautics Limited · NSE:HAL

Hindustan Aeronautics — Investor Presentation (February 2021)

31 slides from Hindustan Aeronautics's investor presentation, Feb 16, 2021

  1. Slide 1: Filing letter to BSE and NSE on investor meeting

    flAt ________ I~-g~1i.i ~ii1≥~ii 1~i1~≥s iei~ HINDUSTAN AERONAUTICS LIMITED CORPORATE OFFICE CO/SEC!4(7)120201 BSL & NSE Filing/79 16th February, 2021 BSE Limited National Stock Exchange of India Ltd Listing Department Listing Department Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No

  2. Slide 2: Investor's Meeting 16 February 2021

    eect SAAL fe-qrim whifera fates HINDUSTAN AERONAUTICS LIMITED INVESTOR’S MEETING 16 February 2021

  3. Slide 3: Company Overview

    , HAL COMPANY OVERVIEW

  4. Slide 4: HAL Today

    HAL Today PRODUCTION UNITS R&D CENTRES 20 production units in India 10 Centres in India. AIRCRAFT PRODUCTION HAL’S CONTRIBUTION Types - 17 Indigenous & 14 Licensed 75% footprint in Defence flying platforms MANUFACTURED OVERHAULED Aircraft – 4150+ Engine – 5250+ Aircraft – 11550+ Engine – 34600+ Curr

  5. Slide 5: Gamut Of Capabilities

    Gamut Of Capabilities Design & Development MRO  Aircraft  Aircraft  Helicopter  Helicopter  Aero-Engines  Aero-Engines  Systems  Systems MANUFACTURING Aerospace program  Aircraft  Aerospace Structure  Helicopter  Boosters for Launch  Aero-Engines Vehicles  Systems  Cryogenic engine MI

  6. Slide 6: Business Units of HAL

    Business Units of HAL Jaguar, Mirage, Hawk, LCA, Kiran 2 Note ‐ROH – Repair & Overhaul AUTHOR DIVISION Page No SLIDE NO 5

  7. Slide 7: Products & Services

    Products & Services Fixed Rotary Wings Wings Aero‐ Accessories Engines & & Avionics Gas Turbines Aerospace UAV AUTHOR DIVISION Corporate Hindustan Planning Aeronautics Limited Page No SLIDE NO 6

  8. Slide 8: HAL – Current Operations: Platforms

    HAL – Current Operations Platforms MiG Variants Kiran Mk I /MK II Su-30 MKI LCA Do-228 LCH Avro Hawk An-32 Cheetah ALH- Dhruv ALH WSI -Rudra ROH Cheetal Chetak Jaguar Mirage Manufacturing & ROH Upgrade & ROH Page No SLIDE NO 7

  9. Slide 9: HAL – Current Operations: Engines

    HAL – Current Operations Engines Aero-engines 5 Aero, 1 Industrial Industrial Marine ROH Gas Turbine Manufacture AERO : Shakti Shakti TM Artouste III Garrett TPE 331-5 Artouste Garrett AL 31 FP RD 33 Adour Mk 804 LM 2500 Adour Mk 811 Adour Mk 871 Dart R-25 Orpheus AL 31 FP RD 33 TM 333-2B2/2M2 Gnome

  10. Slide 10: Design & Development Capabilities

    DESIGN & DEVELOPMENT CAPABILITIES 9

  11. Slide 11: Design and Development

    DESIGN AND DEVELOPMENT Strong investments into R&D R&D expenses (Rs in Crs ) Very strong R&D division with 10 R&D 1800 centers 1612 1600 1464 Co‐located with production divisions for 1400 ease of manufacture 1284 1232 1191 1200 CEMILAC approved centers 10% of previous year’s operating profit 1000 af

  12. Slide 12: R&D Capabilities

    R&D Capabilities Rotary Wing (Helicopter) • Light Helicopters • Combat Helicopters • 10‐12 ton Helicopters Airframe Design Fixed Wing Aircraft • Trainers / Fighters Aero Engines Accessories /Avionics / Systems Airframe Ground Test Aircraft & Helicopter Upgrades Technology/Infrastructure • Airframe D

  13. Slide 13: In-House Major Development Programs

    In-House Major Development Programs Light Combat Light Combat Light Utility Basic Trainer IMRH (Indian Advanced LCA MK2 Development Aircraft (LCA) Helicopter Helicopter Aircraft (HTT‐ –Multi Role Medium ‐ Advanced of Engines & ‐ Make in (LCH) (LUH) 40) Helicopter Combat Avionics and UAV. India Fight

  14. Slide 14: Rotary Wing

    Rotary Wing IMRH LUH LCH ALH • 12 Ton Class • Ind. Design • 3 Ton Class • Multirole CHETAK • Ind. Design • Under Dev. • 5.8 Ton Class • Utility • Ind. Design • IOC Achieved • 5.5 Ton Class • Combat • Ind. Design • IOC Achieved • 3 Ton Class • Multirole INDIA IS AMONG FEW COUNTRIES • ToT Mfg. • Prod

  15. Slide 15: Aero Engines

    Aero Engines HTFE 25 KN TURBOFAN ENGINE • Engine for Basic / Intermediate trainer aircraft HTSE 1200 kW TURBOSHAFT ENGINE • Engine for 3 to 6.5 ton category helicopters 1 AUTHOR DIVISION Page No SLIDE NO 14 4

  16. Slide 16: Civil Aerospace

    Civil Aerospace • Dhruv (ALH) Mk I civil certified by DGCA. . • ALH Mk III Civil configuration certification under progress • Do-228 Civil certified. LoI obtained from M/s Turbo . Jet Aviation • Type Certification by DGCA & EASA certification is under progress. • LUH has attained IOC. Certification

  17. Slide 17: HAL's Support to Forces

    HAL’s Support to Forces 11% 25% 22% HAL 39% 89% 75% 78% 61% HAL HAL HAL HAL HAL HAL HAL IAF FIGHTERS TRAINERS TRANSPORT HELICOPTERS AROUND 69% IAF FLEET IS SUPPORTED BY HAL 34% 23% HAL 66% 77% 100% HAL HAL HAL HAL IN TRAINERS TRANSPORT HELICOPTERS AROUND 62% NAVY FLEET IS SUPPORTED BY HAL HAL HAL HA

  18. Slide 18: Major Achievements 2020-21

    Major Achievements 2020‐21  Maiden Ground Run of Upgraded  Demonstrated tail boom folding on ALH Mk-III. ALH Mk III Civil Variant in Nov 2020  LUH completed Hot & High altitude  Biggest Cryogenic propellant tank (C32 LH2) to UET at Leh. ISRO in Nov 2020. AUTHOR DIVISION Page No SLIDE NO 17

  19. Slide 19: Major Achievements 2020-21

    Major Achievements 2020‐21  IJT successfully performed two turn  HTT- 40 successfully performed six LH & RH spin test in Dec 2020 turn LH & RH spin test .  1st FOC LCA inducted into IAF in May 2020. AUTHOR DIVISION Page No SLIDE NO 18

  20. Slide 20: Major Achievements of HAL (Aero India 2021)

    Major Achievements of HAL (Aero India 2021) Received the biggest ever contract (Rs.48,000 Cr, inclusive of taxes and others) for 83 LCA Mk1A Showcased the Indigenous Platforms viz. LCA, HTT-40, IJT, ALH, LCH, LUH, DO – 228 etc. towards an Atmanirbhar Bharat. The Light Utility Helicopter (LUH) Army v

  21. Slide 21: Financial Performance and Summary

    FINANCIAL PERFORMANCE AND SUMMARY 20

  22. Slide 22: Major Financial Highlights for Months Ended 31-12-2020

    MAJOR FINANCIAL HIGHLIGHTS FOR 9 MONTHS ENDED 31‐12‐2020 Revenue from Operations Operating Profit to Sales Borrowings Rs 12016 Cr 16% Rs 3107 Cr against Q3 19‐20 Rs 11194 Cr against Q3 19‐20 15% against Rs 5887 Cr as of 31‐03‐2020 Allocation from Defence customers Average Cost of Borrowing Profit Be

  23. Slide 23: Turnover Over The Years and Activity-Wise Turnover

    FINANCIAL PERFORMANCE AND SUMMARY Rs In Crs Turnover Over The Years Activity‐Wise Turnover 25000 212 864 405 1228 314 446 465 20000 1320 649 650 11682 9761 179 5684 7144 7386 557 15000 21218 19821 18284 10000 17604 7309 16586 11806 10979 9807 9346 9264 8427 8469 9452 9167 5000 8023 5616 3761 16586 1

  24. Slide 24: Sales: Q-on-Q Comparison

    FINANCIAL PERFORMANCE AND SUMMARY Rs In Crs Sales: Q‐on‐Q‐ Comparison 20000 10239 15000 10369 9117 9581 10970 10000 4427 5393 4108 4120 3516 5000 3369 2557 2331 2596 4794 2900 1874 2728 2736 3183 1185 1607 1619 0 15‐16 16‐17 17‐18 18‐19 19‐20 Q3 20‐21 Q1 Q2 Q3 Q4 23

  25. Slide 25: Profit Before Tax and EBITDA

    FINANCIAL PERFORMANCE AND SUMMARY Rs In Crs Profit Before Tax (PBT) EBITDA 4500 6000 4000 5000 998 3500 1024 3000 4000 348 681 170 853 947 10 2500 0 29 3000 3,938 3,742 2000 3,583 510 481 3,240 3,207 229 1500 2000 3928 248 3583 3742 2,111 3207 3240 1,918 1000 1000 1918 2111 500 4060 4274 4216 4936 5

  26. Slide 26: PAT and Earnings Per Share

    FINANCIAL PERFORMANCE AND SUMMARY Rs In Crs PAT and PAT Margin(%) Earnings Per Share (Rs. ) 3000 16% 90 85 15% 13% 14% 80 2500 72 11% 70 12% 12% 70 12% 2000 10% 60 56 1500 2842 8% 48 48 50 2616 2346 41 6% 1998 1987 1000 40 1618 1616 4% 30 500 2% 20 0 0% 10 15-16 16-17 17-18 18-19 19-20 Q3 19- Q3 20-

  27. Slide 27: Dividend Payout and Return on Equity

    FINANCIAL PERFORMANCE AND SUMMARY Rs In Crs Dividend & Dividend Pay Out Ratio (%) Equity vs Return on Equity (ROE) ‐ (%) 16000 25% 1400 1341 70% 22% 22% 1295 14000 22% 65% 65% 1200 1104 20% 60% 12000 18% 1000 55% 15% 10000 798 50% 15% 800 47% 8000 614 45% 13714 12956 600 42% 12637 12227 502 40% 1177

  28. Slide 28: Trade Receivables and Order Book

    FINANCIAL PERFORMANCE AND SUMMARY Rs In Crs Trade Receivables in No of Days of Turnover Order Book ‐ Activity‐Wise 16000 250 100000 229 144 14000 90000 1106 200 16273 199 80000 12000 70000 502 359 183 219 10000 135 150 1054 7510 60000 1321 151 6824 1020 12088 8000 106 1052 13705 50000 970 14454 1245

  29. Slide 29: Inventory and CAPEX

    FINANCIAL PERFORMANCE AND SUMMARY Rs In Crs Inventory & Inventory in No of Days to VOP CAPEX 30000 600 1600 1514 1510 1509 511 1430 1452 25000 455 500 1400 403 385 1200 20000 400 1040 345 1000 955 15000 300 23998 800 22375 21340 20375 19685 19454 19375 10000 200 600 5000 100 400 0 0 200 0 15‐16 16‐1

  30. Slide 30: Summing Up

    SUMMING UP  The Covid-19 impact has been largely compensated during the Current quarter.  Government’s push for Atmanirbhar Bharat opens up new Business avenues for HAL.  Stable Financial Position with consistent growth year on year.  Platforms viz. LCH, LUH, HTT-40, LCA Mk-1 have completed the

  31. Slide 31: Thank You

    Thank You 30

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