Krishna Defence And Allied Industries Limited · NSE:KRISHNADEF
Krishna Defence And Allied Industries — H1 FY2025 Earnings Presentation
44 slides from Krishna Defence And Allied Industries's earnings presentation, Nov 12, 2024
Slide 1: NSE filing cover letter for earnings presentation
Date: - 12.11.2024 To, National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex Bandra (East), Mumbai - 400 051 Symbol: - KRISHNADEF ISIN: - INE0J5601015 Sub: - EARNING PRESENTATION FOR THE HALF YEAR ENDED 30.09.2024 Respected Sir/ Ma’am, Pursuant to Regulation 30 of SEBI (Listi
Slide 2: Investor Presentation H1 FY2025
KRISHNA DEFENCE & ALLIED INDUSTRIES LIMITED Investor Presentation H1 FY2025 www.krish n aallied . co m
Slide 3: Safe Harbor
SAFE HARBOR This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any securities of Krishna Defence and Allied Industries Limited (“KDAIL”, "Company“), nor shall part, or all, of this document form the basis of, or be relied
Slide 4: Indigenous Defence Manufacturing
INDIGENOUS DEFENCE MANUFACTURING Equipped with Inhouse RESEARCH, DESIGN & DEVELOPMENT aimed at “Aimed at INDIGENISATION” INVESTOR PRESENTATION WWW.KRISHNAALLIED.COM 3
Slide 5: Our Objectives
OUR OBJECTIVES MISSION VISION VALUES To continuously strive to deliver To become the go-to company for world- Performance with pride and honor innovative, cost efficient, and modern class Engineering products within India by wherein ethical behavior is encouraged. engineering solutions laced with th
Slide 6: Table of Contents
TABLE OF CONTENTS 01 About Us 02 Way Forward 03 Financial Highlights 04 Team & Timeline 05 Business Overview 06 Industry Overview INVESTOR PRESENTATION WWW.KRISHNAALLIED.COM 5
Slide 7: About Us
01 ABOUT US www.krishnaallied.com INVESTOR PRESENTATION WWW.KRISHNAALLIED.COM 6
Slide 8: Company Overview
COMPANY OVERVIEW 1997 Krishna Defence and Allied Industries Limited is a rapidly Started with Vertically integrated advancing defence company, providing critical components to Indian Navy for manufacturing 1 Defence solution provider its warships and developing special products for Indian Army, in l
Slide 9: Infrastructure Overview
INFRASTRUCTURE OVERVIEW KALOL Manufacturing of “Dairy Equipment” ~40,000 sq. ft. Accredited with ISO 9001:2015 Quality Management System as Manufacturer and Exporter VADODARA Regional office MUMBAI Our manufacturing capability includes a wide range of Head office critical assemblies and precision co
Slide 10: Business Verticals
BUSINESS VERTICALS 94% It’s DEFENCE Engineering! 6% DAIRY INVESTOR PRESENTATION WWW.KRISHNAALLIED.COM 9
Slide 11: Defence Products (1/2)
DEFENCE PRODUCTS (1/2) Ship Building Steel Sections Special Steel Alloy Welding Wire Welding Electrodes In-house Development In-house Development In-house Development Description Description Description Description These are specialized steel sections which are Successfully obtained DNV and ABS clas
Slide 12: Defence Products (2/2)
DEFENCE PRODUCTS (2/2) Special Steel Alloy Armoured Improved Space Heating Device Steel Profile Transfer of Technology from DIPAS & DRDO Ballast Bricks Description Description Description It has low magnetic signature and high It is a specialised steel profile with high tensile and It is an improved
Slide 13: Defence Clientele
DEFENCE CLIENTELE Indian Indian Boarder Defence Research & Armoured Vehicles Army Navy Security Forces Development Organisation Nigam Limited Mazagon Dock Hindustan Larsen Garden Reach Shipbuilders & Goa Shipbuilders Limited Shipyard Limited and Toubro Engineering Limited Shipyard Limited INVESTOR P
Slide 14: Dairy Equipment
DAIRY EQUIPMENT Description Features It is made of food grade AISI 304 (18/8) stainless • Strong and sturdy body Stainless Steel Milk Cans steel with capacity ranging from 5L to 50L. • Easy Use and cleaning • Corrosion and crack resistant • Provides extended shelf life to milk It is our “Patented Te
Slide 15: Way Forward
02 WAY FORWARD www.krishnaallied.com INVESTOR PRESENTATION WWW.KRISHNAALLIED.COM 14
Slide 16: New Business Prospects
NEW BUSINESS PROSPECTS Specialised Weld Consumables for Defence & Aerospace Design, Development & Manufacture RF/Microwave/Optics Systems for Defence and Aerospace Collaboration (MoU with VABO Composite) Manufacturing of Fire Resistant Composite Doors & Hatches INVESTOR PRESENTATION WWW.KRISHNAALLIE
Slide 17: New Business Prospects: Waveoptix Defence Solution
NEW BUSINESS PROSPECTS WAVEOPTIX DEFENCE SOLUTION PRIVATE LIMITED Special focus on Optic Fibre over Radio Frequency for long distance and secure Defence & Satcom Aerospace signal transmission Incorporated in Associate Company of Manufacturing of Dedicated team Designing, Developing and Manufacturing
Slide 18: New Business Prospects: Waveoptix (Cont.)
NEW BUSINESS PROSPECTS WAVEOPTIX DEFENCE SOLUTION PRIVATE LIMITED (Cont…) Product/ Solutions Infrastructure USP • Bi-Directional RFOF for HF/VHF/UHF • Design & Development Team • Designed & manufactured in India to Radio • Manufacturing & Testing meet global standards • Multi-Link RF over Fiber for
Slide 19: Composite Doors and Hatches
COMPOSITE DOORS AND HATCHES Joint Venture with VABO Composite (Netherlands) Signed MoU with VABO Composites, establishing a strategic partnership, to enhances Doors KDAIL’s product offerings and expand the market reach across India & the ASEAN region. KDAIL will hold a 51% share in a joint venture w
Slide 20: Way Forward
WAY FORWARD Development of New Defence Products The company is working towards new product development for the defence to indigenise the products which are currently being imported, Off set contract obligation and collaborate with Defence Research Agencies / Foreign agencies to develop and manufactu
Slide 21: Financial Highlights
03 FINANCIAL HIGHLIGHTS www.krishnaallied.com INVESTOR PRESENTATION WWW.KRISHNAALLIED.COM 20
Slide 22: Half Yearly Highlights
HALF YEARLY HIGHLIGHTS Revenue EBITDA EBITDA Margin Net Profit Net Profit Margin Highest Ever In Highest Ever In Highest Ever In Highest Ever In One Half One Half One Half One Half H1FY25 H1FY25 H1FY25 H1FY25 H1FY25 Rs 940 Mn Rs 141 Mn 15.0 % Rs 106 Mn 11.3 % 166.9 % YoY 200.9 % YoY +169 bps YoY 303
Slide 23: Financial Overview
FINANCIAL OVERVIEW EBITDA 200 15.0% 16.0% Operating Revenue (INR Mn) 13.9% 14.5% 150 15.0% 13.3% 13.3% 14.0% 100 12.6% 1,064 13.0% 50 12.0% 940 44 66 89 154 47 141 0 11.0% FY21 FY22 FY23 FY24 H1FY24 H1FY25 EBITDA (INR Mn) EBITDA % 637 918 499 887 Net Profit 350 522 352 150 15.0% 357 11.3% 8.3% 9.2%
Slide 24: Half Yearly Income Statement
HALF YEARLY INCOME STATEMENT Particulars (INR Mn) H1FY25 H2FY24 H1FY24 YoY% FY24 FY23 YoY% Revenue from Operations 940.4 712.0 352.3 166.9 1064.3 636.5 67.2 Total Expenditure 799.0 604.6 305.3 161.7 909.9 548.0 66.0 COGS 538.5 396.3 167.7 221.2 564.0 331.7 70.0 Employee benefit expenses 76.1 67.5 55
Slide 25: Profit & Loss Statement
PROFIT & LOSS STATEMENT Particulars (INR Mn) FY21 FY22 FY23 FY24 Revenue from Operations 350.3 499.2 636.5 1064.3 Total Expenditure 306.2 432.9 548.0 909.9 COGS 162.7 211.7 331.7 564.0 Employee benefit expenses 65.1 91.4 91.8 123.4 Others expenses 78.4 129.8 124.5 222.6 EBITDA 44.1 66.3 88.5 154.4 E
Slide 26: Balance Sheet
BALANCE SHEET Particulars (INR Mn) FY23 FY24 H1’FY25 Particulars (INR Mn) FY23 FY24 H1’ FY25 EQUITY & LIABILITIES ASSETS Shareholders' Fund 408.7 1,064.4 1199.9 Non-Current Assets 185.2 239.0 339.1 Share Capital 114.5 137.1 140.6 Property, Plant & Equipment 123.4 146.2 184.7 Other Equity 294.2 927.4
Slide 27: Team & Timeline
04 TEAM & TIMELINE www.krishnaallied.com INVESTOR PRESENTATION WWW.KRISHNAALLIED.COM 26
Slide 28: Meet the Team
MEET THE TEAM Mr. Ajinkya Gaekwad – CEO (Composite Division) He completed his B.Tech in Mechanical Engineering from VJTI, Mumbai, and pursued a PG Certificate program at IIM-A. With around 12 years of design and development experience at L&T Defence, he is now responsible for the composite division
Slide 29: Board of Directors
BOARD OF DIRECTORS Mrs. Preyal Shah – Chairperson & Additional Mr. Divyakant Zaveri – Independent Director Non-Executive Director Mr. Ankur Shah – Managing Director Mr. Jaykumar Toshniwal – Independent Director Mr. Sandeep Kadam – Director Operations INVESTOR PRESENTATION WWW.KRISHNAALLIED.COM 28
Slide 30: Our Evolution
OUR EVOLUTION 1997 1997 2006 2006 2008 2008 2014 2014 2017 2017 Established and started the Entered the Defence Sector Recognition from DMRL, Awarded Defence Technology Received approval certificates organisation with manufacturing and became an ToT partner Hyderabad for successfully Absorption Awar
Slide 31: Business Overview
05 BUSINESS OVERVIEW www.krishnaallied.com INVESTOR PRESENTATION WWW.KRISHNAALLIED.COM 30
Slide 32: Defence
DEFENCE Providing INDIGENOUS SOLUTION to the INDIAN DEFENCE INDUSTRY QUALITY In-house Development, Transfer of Technology from DRDO + 01 manufacturing and supply of Products 02 & others, production and supply of Products ON TIME DELIVERY Providing solutions to Indian Navy, Indian Army and for Homela
Slide 33: Defence (ToT)
DEFENCE (TOT) Space Heating Device IED Containment Vessel Solar Snow Melter (Bukhari) to contain detonation effect used at high altitudes used at high altitude in very cold climatic conditions Awarded with “Transfer of Technology” for developing & Mounting and Support Specialised Food Solar Heated S
Slide 34: R&D Capabilities
R&D CAPABILITIES R&D Our Research & Development Activities are being focused on developing new products and solutions Capabilities leading to improved production process and improved quality of existing products Product Designing • R&D activities are mainly undertaken at our Product Engineering manu
Slide 35: Competitive Strengths
COMPETITIVE STRENGTHS Registered and approved vendor for Indian Vertically integrated defence solution with Make in India Navy for supply of specialised steel section for Capability having industry expertise in steel and special Naval Shipbuilding in India to all the prominent steel alloy products s
Slide 36: Dairy
DAIRY Growing at a steady pace Operating on an Autopilot mode Wide Range of Dairy Equipment Wide customer base across the country The company started its engineering activities by introducing Since 1997, our dairy equipment has brought in hygienic Milk Stainless Steel Cans for the dairy industry. Co
Slide 37: Industry Overview
06 INDUSTRY OVERVIEW www.krishnaallied.com INVESTOR PRESENTATION WWW.KRISHNAALLIED.COM 36
Slide 38: Defence Industry Overview (1/2)
DEFENCE INDUSTRY OVERVIEW (1/2) Indian Navy Outlook India’s vision to be among top 5 ship building nation and ship repair hub of the Military Fixed Naval Vessels & Surface Missile & Missile world in the next decade. Wing Combatants Defence System Indian Defence Sector’s top three largest Market Segm
Slide 39: Defence Industry Overview (2/2)
DEFENCE INDUSTRY OVERVIEW (2/2) In FY24, defence production surged by 16.7% India has one of the strongest military forces in the The Presence of Indian Private Sector has grown since while defence exports grew by 32.5% YoY & world and holds a place of strategic importance for the opening of the def
Slide 40: Defence Budget Outlook
DEFENCE BUDGET OUTLOOK Capital Outlay Defence Services (INR Bn) Naval Fleet & Dockyard (INR Bn) 1,720 306 298 1,572 282 287 1,500 1,389 1,345 210 RE 2020-21 RE 2021-22 RE 2022-23 RE 2023-24 BE 2024-25 RE 2020-21 RE 2021-22 RE 2022-23 RE 2023-24 BE 2024-25 INVESTOR PRESENTATION WWW.KRISHNAALLIED.COM
Slide 41: Awards & Appreciation
AWARDS & APPRECIATION 40
Slide 42: INVESTOR PRESENTATION WWW.KRISHNAALLIED.COM
INVESTOR PRESENTATION WWW.KRISHNAALLIED.COM 41
Slide 43: DTA Award, SME Award, NMRL Award
DTA Award SME Award NMRL Award Recognition with an Appreciation Certificate from Defence Metallurgical Research Laboratory (DMRL), Hyderabad for successfully developing Bulb Bars (ship building steel sections), a critical component for the Indian Navy’s indigenization program, as the project was of
Slide 44: Thank You
THANK YOU www.krish n aallied . co m KRISHNA DEFENCE & ALLIED INDUSTRIES LTD 344, A to Z Industrial Estate, Lower Parel, Mumbai – 400 013. Email: info@krishnaallied.com +91 22 4220 3800 www.krishnaallied.com KAPT I FY ® Consulting Strategy & Investor Relations | Consulting Email: contact@kaptify.in
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