Wendt India Limited · NSE:WENDT
Wendt India — Shareholder Meeting (July 2022)
46 slides from Wendt India's shareholder meeting presentation, Jul 22, 2022
Slide 1: Welcome to 40th AGM
WELCOME TO 40th AGM Wendt (India) Limited 22nd of July 2022
Slide 2: Rejuvenating, Reinforcing & Regaining
Rejuvenating, Reinforcing & Regaining Rejuvenating - Bringing a new positive energy, a strong vigour & revitalizing all the functions within the company to enable growth, restoring sustained strong performance is our top priority. Reinforcing - Promoting, encouraging specific actions, trainings, boo
Slide 3: Disclaimer
DISCLAIMER This presentation may contain forward-looking information relating to future business developments & prospects, company’s financial results and economic performance that involve substantial risks and uncertainties. While such forward-looking statements represent the company’s judgements a
Slide 4: Brief on Wendt
BRIEF ON WENDT Situated at Hosur, Tamil Nadu - 40 Kms from Bangalore, Total Area: 16.28 Acres Team Strength: 475
Slide 5: Our Vision & Mission
OUR VISION & MISSION VISION A dream to become a Multinational Company, Operating manufacturing plants and Sales offices in Asia / Pacific. A dream to assume Global Leadership in Wheels / Tools / Hones manufacture in the Wendt Group A dream to become The Company with the highest market capitali
Slide 6: Fundamental Strengths
FUNDAMENTAL STRENGTHS Well Nurtured Talent Comprehensive Product Range High Level State-of-the-art Manufacturing Sound Financial Customization Process Position
Slide 7: Our Manufacturing Program
OUR MANUFACTURING PROGRAM From Tools To Machines To Components ! Components Machines Product Innovation Continues… Tools
Slide 8: Industry & Product Profile
wR INDUSTRY & © WENDT PRODUCT PROFILE PCD/PCBN Automotive Cutting Tools Engineering Refractory Ceramics Vitrified Tiles Glass Steel (Wire Rod Mills) Defence Power Aerospace Construction Gem & Jewelry
Slide 9: Business Verticals
BUSINESS VERTICALS WENDT : FY 21-22 Standalone Revenue : Rs. 15812L PBT : Rs. 3615L PAT : Rs. 2710L Super Abrasives Non-Super Abrasive Revenue : Rs.11051 L Revenue : Rs.4761 L 69.88% 30.11% Machines Precision Components Figures in Rs Lakhs
Slide 10: Wendt Grinding Technology Ltd Thailand
Wendt Grinding Technology Ltd Thailand • Mother Plant: Hosur, India • Subsidiary: WGTL, Thailand • Sales 21-22: Rs. 2298L
Slide 11: Our Global Reach
OUR GLOBAL REACH Germany, UK, USA, France, Spain, Russia USA, China, UK, Russia, Australia, Korea, Austria, Taiwan, Brazil, Turkey, Sri Lanka Singapore, Indonesia, Thailand, Malaysia, South Africa, UAE
Slide 12: Major Customers
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Slide 13: Major Customers
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Slide 14: Safety Tree Trend – March 2022
Safety Tree Trend – March 2022 Safety Trend Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Total Reportable 0 0 0 0 0 0 0 0 0 0 0 0 0 Non Reportable 1 0 0 0 1 0 0 0 0 0 0 0 2 First Aid 0 0 1 1 0 0 0 0 1 0 1 1 5 Near Miss 8 0 9 5 5 7 5 4 6 3 4 4 60
Slide 15: 100% Vaccination done
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Slide 16: Management Systems
MANAGEMENT SYSTEMS ISO 9001:2015 ISO 14001 : 2015 ISO 45001:2018 EN13236:2015
Slide 17: Management Systems
MANAGEMENT SYSTEMS EN9100:2018 IATF 16949: 2016 Aerospace certificate AS9100D
Slide 18: Super Abrasive Product Range
SUPER ABRASIVE PRODUCT RANGE Resin Metal Hones Bond Bond Super Abrasive Sales 21-22: Galvanic Rs. 11051L Brazed Bond 69.88% of Total Sales Bond Stationary Rotary Vitrified Dressers & Dresser Bond STAR
Slide 19: Industry Segments
Industry Segments Glass Automotive Engineering Ceramic Cutting Tool Steel Defence & Aerospace Bearing Refractory
Slide 20: Wendt Offerings
Wendt Offerings • CNC Horizontal & Vertical Honing Machines • Cylindrical Grinders , Creep Feed Grinding • Rotary Surface Grinding - Horizontal & Vertical Automotive, Defense & Aerospace Industry
Slide 21: Wendt Offerings
Wendt Offerings Fuel Injector DP Pump Assembly Fuel Injector CSR Carbide Inserts
Slide 22: Financial - Standalone FY2021-22
Financial - Standalone Fy2021-22 FY’20-21 FY’21-22 Particulars Actuals Actuals Growth 11900 Total Sales 15812 33% 1867 EBITDA 3803 104% 16% EBITDA % 24% 1653 PBT 3615 119% 14% PBT% 23% 1291 PAT 2710 110% 11% PAT% 17% Figures in Rs Lakhs
Slide 23: Highlights for 2021-22
Highlights for 2021-22 • Safe Year • People – Engagement Improvement – Active Participation & Involvement • Process – Improvement • Products – Good Progress in Import Substitutes – Few Milestones achievement in Machine Tool • Performance – 106% to Plan – 33% Growth over last year
Slide 24: Super Abrasives
Super Abrasives • 37% Growth over 20-21 and highest ever sales of 11051 Lakhs • Domestic Sales of Rs 7702 Lakhs , Growth 34% • Focused approach – Import Substitute , Lost Business regain & New Product Development • Export Sales of Rs 3349 Lakhs , Growth 44% • Focused approach – 5 Countries – USA , U
Slide 25: Non-Super Abrasive Business: 2021-22 Key Highlights
Non-Super Abrasive Business: 2021-22: Key Highlights • Highest ever sales of Rs 4761 Lakhs , 22% Growth • Delta 150 machines – Good sales in Steel Sector. • 1st time executed 2 meters length long bed Precision CNC surface Grinding machine, Model PROCTA 500H • Online commissioning of machines with on
Slide 26: Marketing Events
Marketing Events LTS Workshop Dealers Meet
Slide 27: Events & Celebrations
Events & Celebrations Rewarding Environment Day Winners Quarterly Excellence Awards Long Service Awards Farewell to Superannuated Employees
Slide 28: Events & Celebrations
Events & Celebrations 5S- Winners Recognition of WENDT Brand Ambassadors Cufest 2021 Awards QCFI – CCQC 2021 COMPETITION Best Customer Award - State Bank of India
Slide 29: Events & Celebrations
Events & Celebrations Anniversary Pooja Ayudha Pooja Christmas New Year Pooja Pongal New Security office Pooja Republic Day Independence Day
Slide 30: Events & Celebrations
Events & Celebrations Safety Day Mock Drill Annual Health Check-up Women’s Day
Slide 31: Subsidiary – Wendt Grinding Technologies Ltd Thailand
Subsidiary –Wendt Grinding Technologies Ltd Thailand FY21-22 FY20-21 Particulars %YOY Actuals Actuals Trading Sales 2147 1664 29% ⌂ Services Income 158 174 -9% ⌂ • Strong Customer engagement • Revalidated “ISO9001-2015” from Total Sales 2305 1838 25% ⌂ “TUV NORD” EBIDTA 429 352 22% ⌂ EBIDTA % 19% 19
Slide 32: Subsidiary – Wendt Middle East Sharjah
Subsidiary –Wendt Middle East Sharjah Highlights Particulars FY21-22 FY20-21 • WME has completed liquidation related procedures & repaid back the share capital to WIL. Clearance Sales 4 270 certificate from HFZA received Other Income 0 18 • No sales w. e. f 1st Apr’21 Profit /(Loss) -29 11 • Shifted
Slide 33: Wendt FY21-22 Consolidated Performance
Wendt FY21-22 Consolidated Performance (Rs L) FY21-22 FY20-21 Particulars %YOY Actuals Actuals Total Sales 17724 13567 31% ⌂ EBIDTA 4167 2200 89% ⌂ EBIDTA % 24% 16% PBT 3691 1700 117% ⌂ PBT% 21% 13% PAT 2707 1277 112% ⌂ PAT% 15% 9% Figures in Rs Lakhs
Slide 34: Wendt Turnover (Net) 1983 - 2022
WENDT TURNOVER (NET) 1983 - 2022 Rs.15812 L CAGR from 1983-84 to 2021-22: 19.74% 83-8484-8585-8686-8888-8989-9090-9191-9292-9393-9494-9595-9696-9797-9898-9999-0000-0101-0202-0303-0404-0505-0606-0707-0808-0909-1010-1111-1212-1313-1414-1515-1616-1717-1818-1919-2020-2121-22 Series1 17 111 135 189 181 2
Slide 35: Wendt Turnover (Net) Last 10 Years
WENDT TURNOVER (NET) LAST 10 YEARS 18000 15812 16000 13986 14000 12779 12685 11655 12037 11945 11858 12000 10560 10001 9449 9760 9733 10000 8895 8828 8637 8055 8354 8033 7890 8000 7176 7110 6000 3857 4253 4004 3954 4000 3301 3019 3308 2339 2670 1946 1719 2000 0 FY 2012 FY 2013 FY 2014 FY 2015 FY 201
Slide 36: Wendt Share Price Movement
Wendt share Price movement 6000.00 5060.00 5000.00 4000.00 SHARE PRICE (RS.) 3162.00 3232.85 3000.00 2433.65 1702.25 2000.00 1900.00 1642.20 1749.00 1740.00 1000.00 1058.90 1123.10 703.50 1102.35 408.45 0.00 MAR-09 MAR-10 MAR-11 MAR-12 MAR-13 MAR-14 MAR-15 MAR-16 MAR-17 MAR-18 MAR-19 MAR-20 MAR-21 M
Slide 37: Earning per share
Earning per share 2012-2022 160 140 135.49 120 100 86.45 80 74.24 59.34 58.47 67.33 60 61.49 64.56 50.59 46.7 52.06 40 20 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Slide 38: Wendt Dividend 2021-2022
Wendt dividend 2021-2022 700 650 600 500 Dividend % 400 300 300 300 250 250 250 250 250 250 250 200 150 100 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Year company continues to care of its investors and has declared the dividend as 650% which is Rs. 65 per share.
Slide 39: Year 22-23 Head Winds and Tail Winds
YEAR 22-23 Head Winds Tail Winds • Global Economy expected to have rough • Auto Industry revival in Domestic Market whether due to Russia Ukraine War • Steel Industry expected to grow • Input Price increase • Good Monsoon • Continue to have Supply Chain Challenges • Infrastructure Projects • Currenc
Slide 40: Super Abrasives Plans
Super Abrasives: • Continue Customer Engagement through Application Engineering strategy • Market share Improvement - Import Substitutes , Horizontal Deployment of established products • Continue New Product Development Drive • Strengthening Dealer Management • Focus on 10 countries for growing Expo
Slide 41: Machines & Precision Components
Machines & Precision Components: • Focus only Established Machines and achieve the sales by Using 2 P’s • Moving from Industry Specific machines to Application based machines with few design changes • Commercializing the developed product sales in Precision Components • Developing Capabilities for A
Slide 42: Focus Industries
Focus Industries MEDICAL INDUSTRY GLASS INDUSTRY CNC Milling Edge Grinding Bevelling AUTO INDUSTRY Crank Shaft Valve DEFENCE & AVIATION INDUSTRY Dressing Roll, EP Wheel Dressing Roll, Vit CBN Cylindrical Block WXG 300 - CNC Creep Feed Grinder For Diamond Dressing Rolls for HAL Helicopter division Tu
Slide 43: Focus Industries
Focus Industries AUTO INDUSTRY CUTTING TOOL INDUSTRY Gear Box Cutting & Forming Taps Carbide Insert Hobs Broches Dressing Roll Fuel Injector Dressing Roll, Metal Bond Wheels Steering Mechanism BEARING INDUSTRY Dressing Roll Spark Plug Dressing Roll
Slide 44: Focus Industries
Focus Industries STEEL INDUSTRY RAZOR BLADE INDUSTRY TC Roll Grinding Wheel Wendt Product – Resin Bond Wheels TC Roll & Guide Roll CNC Profiling & Notch Milling Machine Grinding Machine Dressing Machine General Engineering DOUBLE DISC / FINE GRINDING Applications: Bearing Rings Injection Pump Parts
Slide 45: Current year Q1 Performance - Standalone
Current year Q1 Performance - Standalone Q1'22-23 Sales 4288 • Sales Growth 16% YOY • PAT Growth 30% YOY EBIDTA 1073 PBT 924 PAT 694 Figures in Rs Lakhs
Slide 46: Thank You
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