Slide 1: PG Electroplast Limited Q2 FY19 Update
PG ELECTROPLAST LIMITED Q2 FY19 UPDATE
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared for informational purposes only. This Presentation does not constitute a prospectus, Offering circular or offering memorandum and is not an offer or initiation to buy or sell any securities, nor shall part or all of this presentation from the basis of,
Slide 3: Contents
Introduction Quarterly P&L Balance Sheet CONTENTS Key Financial Metrics Industry outlook Opportunities & Challenges Future Outlook
Slide 4: Introduction
Introduction • PG Group founded in Year 1977 for Electronics components manufacturing. • In 1995, a TV manufacturing plant was setup in Noida, In 1997, started manufacturing Color TVs & Audio Products. • In 1999, PG Group set up a PCB Assembly Line at Noida. In 2003, Started Plastic Injection Moldin
Slide 5: Introduction – PG Group presence
Introduction – PG Group presence PLASTIC MOLDING FOR CONSUMER DURABLES & AUTOMOTIVE PARTS FINAL ASSEMBLY OF AIR COOLERS, WASHING MACHINE, LED TV, STBs Presence in PRINTED CIRCUIT BOARD ASSEMBLIES Different Fields PLASTIC INJECTION TOOL DESIGING AND MANUFACTURING INDUSTRY DEVELOPMENTS MOBILE PHONE AS
Slide 6: Introduction - Customer list
Introduction - Customer list INDUSTRY DEVELOPMENTS
Slide 7: 1H-2019 Profit & Loss Highlights
1H-2019 Profit & Loss Highlights Q2 Q1 Q2 Growth (%) H1 H1 Growth (₹ million) FY2018 FY2019 FY2019 Q-o-Q Y-o-Y FY2018 FY2019 (%) YoY Revenue 912.2 1169.0 1162.8 -0.5% 27.5% 2034 2331.8 14.7% EBITDA 83.4 81.0 69.7 -14.0% -16.4% 165.5 150.7 -9.0% Net Profit 20.2 27.5 11.8 -57.1% -41.6% 41.8 39.4 -5.8%
Slide 8: 1H-2019 Balance Sheet
1H-2019 Balance Sheet As at As at As at As at A. EQUITY AND LIABILITIES 30.09.208 31.03.2018 B ASSETS 30.09.2018 31.03.2018 (a) Share capital 164.1 164.1 (a) Fixed assets 1,881.8 1,785.2 (b) Reserves and surplus 1,185.8 1,144.1 (b) Capital work in progress 233.1 229.4 Sub-Total - Shareholders' Funds
Slide 9: Financial Metrics
Financial Metrics Q2 Q1 Q2 1H 1H Key Ratios FY18 FY2018 FY2019 FY2019 2018 2019 EBITDA Margin (%) 9.1% 6.9% 6.0% 8.1% 6.5% 7.4% Effective Tax Rate (%) 24.4% 0.0% 0.0% 17.6% 0.0% 0.00% Net Profit Margin (%) 2.2% 2.4% 1.0% 2.1% 1.7% 1.8% ROCE (%) 6.4% 6.0% 4.5% 6.4% 4.5% 6.9% DSO (Days) 53 49 53 53 53
Slide 10: Major Highlights of 1H2019
Major Highlights of 1H2019 • Company’s new initiatives like PU paint shop, UF thermoset moulding and tool room are ramping as per expectations. • Company’s washing machine under ODM model has picked up well and is seeing encouraging response. • Company continues to invest in the ODM business model a
Slide 11: Industry Outlook
Industry Outlook • Government reforms such as Digital India, Make in India, Jan Dhan-Aadhar-Mobile Trinity and Power for all are providing fresh impetus to the Consumer appliance and durable Industry • The Rapid rate of urbanisation, growth of young population with rising income levels is leading to
Slide 12: Opportunities and Challenges
Opportunities and Challenges • PG Electronics has been a pioneer in the consumer durables Industry and is seeing large opportunities in plastic moulding in following product categories o Washing machines o Air conditioner o Refrigerators o Ceiling Fans o Sanitary ware products • In addition to the a
Slide 13: Future Outlook
Future Outlook Management sees increased opportunities in the existing and new clients and based on the current business environment. With new capacities and newly installed PU paint and tooling capabilities and new model in washing machine, company is uniquely positioned in the consumer durable & a
Slide 14: Thank You
THANK YOU For any queries, please contact: investors@pgel.in