Apollo Micro Systems Ltd. · NSE:APOLLO
Apollo Micro Systems — Investor Presentation (September 2023)
35 slides from Apollo Micro Systems's investor presentation, Sep 29, 2023
Slide 1: Cover letter to BSE and NSE: Investor Presentation
Date: 30th September, 2023 BSE Limited National Stock Exchange of India Limited Listing Dept./ Dept. of Corporate Listing Department Services Phiroze Jeejeebhoy Towers Exchange Plaza, Plot no. C/I, G Block Dalal Street Bandra –Kurla Complex, Mumbai – 400001 Bandra (East) Mumbai – 400051 Scrip Code /
Slide 2: Apollo Micro Systems Investor Presentation September 2023
“STRENGTHENING DEFENCE SYSTEMS APOLLO MICRO SYSTEMS LIMITED FOR A SELF-RELIANT INDIA” INVESTOR PRESENTATION SEPTEMBER 2023
Slide 3: Safe Harbour
SAFE HARBOUR Certain statements in this document may be forward-looking statements. Such forward-looking state- ments are subject to certain risks and uncertainties like government actions, local, political, or economic develop- ments, technological risks, and many other factors that could cause our
Slide 4: Mission, Vision & Capabilities
MISSION, VISION & CAPABILITIES MISSION VISION OUR CAPABILITIES STATEMENT STATEMENT Decades of domain experience enabling “Converts Your “Total Solutions AMS to execute projects that demands Concepts Into Under One Roof “ engineering and technology excellence. Reality “ Leading Electronic, Electro-Me
Slide 5: From the MD's Desk
FROM THE MD’S DESK I am proud and grateful to present this prestigious and wonderful Company. By AMS provides end to end design, assembly and testing services, using state of the art concentrating on our customized services and seamlessly merging them with cutting-edge tech enabled products, we are
Slide 6: AMS at a Glance
AMS AT A GLANCE Apollo Micro Systems Limited is Hyderabad based company engaged in the ~51% stake for ~Rs. 13.2Mn in Ananya SIP RF Technologies Pvt business of electronic, electro-mechanical, engineering designs, manufacturing Ltd in Feb, 2020, which is engaged in design, development, production, an
Slide 7: Board of Directors
BOARD OF DIRECTORS Shri. Badddam Karunakar Reddy is the Founder & Managing Director of Apollo Micro Systems Ltd. He commenced this business in 1985. He was instrumental in developing cutting edge She is a Fellow Member of the ICAI & is a Commerce Graduate from Kakatiya University. She has 20+ years
Slide 8: AMS' Milestones
AMS’ MILESTONES 2010 2015 2022 2023 2021 Successfully Reached Company is Acquired Milestone of Entered RF Heading 2.5 Acres Indigenous over INR 1 & towards of land Automatic bn Turnover Microwave Inaugurating from Launcher & Installed Designs its Telangana Controller State of the through Weapon Stat
Slide 9: AMS' Competitive Edge
AMS' EDGE Robust Order wins with strong Total end – to- End engineering Creating and deploying order pipeline backed by strong Solutions under one roof. cutting-edge technologies. R&D facilities. Niche business model, helping AMS to deliver consistent value to COMPETITIVE 38+ years of experience in
Slide 10: Service Offerings
SERVICE OFFERINGS Electronic Single source Electronic Manufacturing Services (EMS) under one roof. Manufacturing Equipped with fully automated SMT lines, AOI, 3D X-Ray machine for BGA components. Services Conceptual system design, layout design, manufacturing, and testing of high reliability PCBs, P
Slide 11: AMS a Differentiated Product & Service Provider
AMS A DIFFERENTIATED PRODUCT & SERVICE PROVIDER UNIQUELY POSITIONED PRODUCTS & IN THE VALUE CH AIN SERVICE OFFERINGS AMS DRDO Service AMS Electronic Aerospace Space Avionic IT & Software Manufacturing Systems Systems services Embedded Services Software Design Development & Sustainance SYSTEM INTEGRA
Slide 12: Our Step-Ahead Production Process
OUR STEP-AHEAD PRODUCTION PROCESS RECEIPT OF PRELIMINARY DESIGN ACEEPTANCE PURCHASE ORDER REVIEW STAGE SYSTEM DESIGN QUALITY TESTING TESTING RESOURCE GENERATING SYSTEM PRODUCTION MANUFACTURING ALLOCATION REQUIREMENT SPEC. PROTOTYPE UNITS QUALIFIED UNITS 10 INVESTOR PRESENTATION SEPT 2023
Slide 13: AMS' Business Model
AMS’ BUSINESS MODEL Key Partners Key Activities Value Proposition Customer Customer • The business Relationship Segments model of AMS is • Electronic component • Research • Decades of working characterised by manufacturers • Designing experience with • Dedicated • MoD high gestation peri- • Defense
Slide 14: Engineering
ENGINEERING BTS BTP (BUILD -TO ENGINEERING QUALIFICATION (BUILD-TO-SPEC) -PRINT) DESIGNS TESTING Design, Development, AMS offers electronic Engineering design Equipped with a and manufacturing of manufacturing services & precision complex On- Board Services and Box machining services facility and of
Slide 15: Product Portfolio
PRODUCT PORTFOLIO AMS PRODUCT OFFERINGS Homeland Aerospace systems require high Aerospace Global Security managers are reliability, low power Security & constantly relying on digital consumption. Proven experience Systems Transportation visions and recorded data bases and expertise in development to
Slide 16: Design Services
DESIGN SERVICES Custom application development solutions for large and small organizations. Migration of existing applications of our clients to new technologies and platforms. Client/Server Applications Distributed Applications System Integration Middle Tier Development Database Management System E
Slide 17: Key Roles in Defence Programmes
KEY ROLES IN DEFENCE PROGRAMMES PROJECT NAME TYPE OF PROJECT PROJECT NAME TYPE OF PROJECT (Used Insurface Air Missile, Torpedoes, Etc) (Used Insurface Air Missile, Torpedoes, Etc) · VSHORAD Air Defence System · NIRBHAY Long-range subsonic cruise missile · RUDRAM Air to Surface Missile · AGNI Nuclear
Slide 18: Infrastructural Facilities & Facility Capabilities
INFRASTRUCTURAL FACILITIES & FACILITY CAPABILITIES END TO END DESIGN, MANUFACTURING AND TESTING SERVICES A BRIEF GLIMPSE OF OUR FACILITIES UNIT 1 The manufacturing facility is at a strategic location in Hyderabad, the capacity to accommodate around ~400 employees. CAPEX Unit 3 AMS is carrying on a m
Slide 19: Our Step Ahead R&D
OUR STEP AHEAD R&D At AMSL, the R&D team constantly monitors changes in the technological landscape, to meet customer requirements. Strong R&D team of 56 engineers with core Competency in developing Embedded Hardware & Software. During the year under review, the team has worked relentlessly on vario
Slide 20: Industry Overview: ESDM Sector
INDUSTRY OVERVIEW The Electronics System Design & Manufacturing (ESDM) sector plays a vital role in the government’s goal of generating US$ 1 trillion of economic value from the digital economy by 2025. The ESDM sector in India is fuelled by strong policy support, huge investments by public and priv
Slide 21: Industry Overview: Defence Sector
INDUSTRY OVERVIEW DEFENCE SECTOR is one of the strongest military forces in the world and holds a place of strategic importance for the Indian government. The top three largest market segments of the missiles and missile defence systems. Ministry of Defence has been allocated Rs 5,25,166 crore which
Slide 22: Clientele
CLIENTELE 20 INVESTOR PRESENTATION SEPT 2023
Slide 23: Certifications Received
CERTIFICATIONS RECEIVED CEMILAC CERTIFICATIONS 21 INVESTOR PRESENTATION SEPT 2023
Slide 24: Financial Snapshot
FINANCIAL SNAPSHOT EBITDA ROE% DEBT/EQUITY RATIO EBITDA MARGIN% ROCE% 650 26 20 5 0.5 4.88% 600 24 18 4.57% 550 22 21.63% 16 4 0.4 500 18.77% 643.52 20 0.37 450 18.97% 18 14 0.38 13.05% 3.35% 0.36 456.46 400 16 12 3 0.3 350 14 385.25 10.74% 10 300 12 9.23% 250 10 8 2 0.2 200 8 6 150 6 4 1 0.1 100 4
Slide 25: Financial Snapshot: Yearly Comparison
FINANCIAL SNAPSHOT Yearly Comparison (Rs. In Mn) 3500 35.00% 3000 30.00% 2,975.26 2500 25.00% 2,431.91 21.63% 2000 18.77% 20.00% REVENUE FROM OPERATIONS 1500 15.00% EBITDA EBITDA Margin % 1000 10.00% PAT 6.30% PAT Margin % 6.01% 187.37 500 5.00% 146.15 643.52 456.46 0 0.00% FY22 FY23 23 INVESTOR PRE
Slide 26: Consolidated Income Statement
CONSOLIDATED INCOME STATEMENT Particulars (Rs. Mn) FY21 FY22 FY23 Revenue from Operations 2,030.72 2,431.91 2,975.26 Other Income 6.38 7.59 8.24 Total Revenue 2,037.11 2,439.51 2,983.50 Total Expenses excluding Depreciation, Amortization & Finance Cost 1,645.47 1,975.45 2,331.75 EBITDA 385.25 456.46
Slide 27: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Particulars (Rs. Mn) As on 31.03.23 As on 31.03.22 As on 31.03.2021 Particulars (Rs. Mn) As on 31.03.23 As on 31.03.22 As on 31.03.2021 Assets Equity & Liabilities Non-current Assets Equity Property, Plant And Equipment 1,048.12 858.85 490.78 Equity Share Capital 207.64 20
Slide 28: Financial Snapshot: Quarterly
FINANCIAL SNAPSHOT REVENUE FROM OPERATIONS EBITDA EBITDA MARGIN (Rs. in Millions) PAT PAT MARGIN GROSS PROFIT MARGINS 1200 300 25 50 21.42% 22.09% 1000 250 20 40 1,068.46 228.83 800 200 17.58% 32.09% 15 30 29.60% 600 150 26.09% 576.91 127.42 10 20 562.70 72.11 400 100 6.75% 98.92 5 10 200 50 16.54 1
Slide 29: Consolidated Income Statement: Q1 FY24
CONSOLIDATED INCOME STATEMENT Particulars (Rs. Mn) Q1 FY24 Q1 FY23 YoY% Q4 FY23 Revenue from Operations 576.91 562.70 2.52% 1,068.46 Other Income 2.23 1.43 0.05 Total Revenue 579.13 564.13 1,068.51 Total Expenses excluding Depreciation, Amortization & Finance Cost 449.49 463.78 839.62 EBITDA 127.42
Slide 30: A Note on the Order Execution Cycle
A NOTE ON THE Receipt Of Acceptance 2% Of Quote Purchase Order Of 10% of Work Value To Be Deposited - Tender Stage Purchase Order as Bg Generating Preliminary System Production Acceptance Manufacturing System Design Review Requirement Prototype Of Prototype Of Design Stage Speci Cat Ns Units Units Q
Slide 31: A Note on the Working Capital Cycle
A NOTE ON THE AMS HAS AN ELONGATED WORKING CAPITAL CYCLE FOR THE FOLLOWING REASONS: AMS has a working capital intensive operation owing to long • The Material is procured in MOQ basis as it cannot be cut in smaller quantities. gestation cycles of design, production and qualification of • The procured
Slide 32: Management Guidance
MANAGEMENT GUIDANCE MANAGEMENT GUIDANCE Management Management is EBITDA margins expects revenue to anticipating a healthy will stay in the grow by growth in the order corridor of 45%-50% book from recent 22%-23% from FY23 to FY24, orders released to led by increasing owing to robust various Defence
Slide 33: CSR Activities
CSR ACTIVITIES The Company has spent through Arunodaya Trust for Sensitization of Students and Communities on Cancer within Telangana and were spent through Development on Communication Arts & Culture Science Economic & Education Centre for Health, Education, Women and Children, Environment and Rura
Slide 34: Capital Market Information
CAPITAL MARKET INFORMATION BSE Scrip Code / NSE Symbol 540789 / APOLLO 90 Issued Shares 20,76,38,860 80 Share Price (As at 25th Sept 2023) 58.05 70 57.7 58.05 Market Capitalisation as at 25th Sept 2023 (Rs. Mn) 13,466.00 60 54.6 52 Weeks High/Low 63.58/15.04 50 40 31.9 31.3 33.9 30.1 33.5 27.6 Parti
Slide 35: Thank You
For further information on the Company, please visit: www.apollo-micro.com Thank You For further information contact: APOLLO MICRO SYSTEMS LIMITED Regd. Off: Plot No 128/a, Road No. 12, Bel Road Ida Mallapur, Uppal Mandal Hyderabad Rangareddi Tg 500076 CIN: L72200TG1997PLC026556 Phone: +91-40-271670
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