Rama Steel Tubes Ltd. · NSE:RAMASTEEL
Rama Steel Tubes — H1 FY18 Earnings Presentation
24 slides from Rama Steel Tubes's earnings presentation, December 2017
Slide 1: Rama Steel Tubes Limited Q2 & H1 FY18 Result Update Presentation
Rama Steel Tubes Limited Q2 & H1 FY18 Result Update Presentation December 2017
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Rama Steel Tubes Limited (the “Company”) solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any
Slide 3: Table of Contents
Table of Contents ➢ CEO’s Message ➢ Consolidated Financial Performance ➢ Company Overview 3
Slide 4: CEO's Message
CEO’s Message a
Slide 5: CEO's Message
CEO’s Message Commenting on the results, Mr. Richi Bansal, Director & CEO, Rama Steel Tubes Limited said : “This quarter of Q2FY18, we have registered a revenue growth of 54% and recorded an excellent increase in our overall profit of 32% based on year-on-year comparison. We are delighted to report
Slide 6: Consolidated Financial Performance
Consolidated Financial Performance
Slide 7: Consolidated Financial Highlights – Q2 FY18 Vs. Q2 FY17
Consolidated Financial Highlights – *Q2 FY18 Vs. *Q2 FY17 54% 33% #Net Revenue EBITDA Rs. 91.3 cr Rs 7.7 cr 32% 18% PAT EPS Rs 3.5 cr Rs. 2.06 Vs Rs. 1.75 • Revenue growth on account of better volume growth • Installation of Solar Plant at Khopoli facility resulted in better operational efficiencies
Slide 8: Quarterly Consolidated Financial Highlights
Quarterly Financial Consolidated Highlights- Financial Q2–FY17 Highlights Q2 FY18 #Net Revenue (Rs. Crore) 91.3 71.2 72.9 67.3 59.2 *Q2 FY17 Q3 FY17 *Q4 FY17 *Q1 FY18 *Q2 FY18 EBITDA (Rs. Crore) PAT (Rs. Crore) 7.7 3.5 6.7 3.2 6.5 5.8 5.9 2.6 2.6 1.6 *Q2 FY17 Q3 FY17 *Q4 FY17 *Q1 FY18 *Q2 FY18 *Q2 F
Slide 9: Consolidated Quarterly Financial Highlights
Consolidated Quarterly Financial Highlights Rs. Crore *Q2 FY18 *Q2 FY17 YoY% *Q1 FY18 QoQ% Total Income from Operations 90.61 65.15 76.96 Less: Excise Duty 0.00 6.32 5.49 Other Income 0.70 0.33 1.43 Net Revenue # 91.31 59.16 54% 72.90 25% Raw Materials 79.65 49.82 61.89 Employee Cost 1.02 0.76 1.01
Slide 10: Consolidated Financial Highlights – H1 FY18 Vs. H1 FY17
Consolidated Financial Highlights – *H1 FY18 Vs. *H1 FY17 31% 28% #Net Revenue EBITDA Rs. 164.2 cr Rs 14.4 cr 29% 15% PAT EPS Rs 6.7 cr Rs. 4.03 Vs Rs. 3.49 #Revenue Inclusive of Other Income (Income from JV) *Company adopted Indian Accounting Standards (Ind AS), 10
Slide 11: Consolidated Half Yearly Financial Highlights
Consolidated Half Yearly Financial Highlights Rs. Crore *H1 FY18 *H1 FY17 Y-o-Y% Total Income from Operations 167.57 137.25 Less: Excise Duty 5.49 13.00 Other Income 2.13 0.81 Net Revenue # 164.21 125.06 31% Raw Materials 141.54 106.25 Employee Cost 2.03 1.47 Other Cost 6.27 6.10 Total Expenditure 1
Slide 12: Consolidated Balance Sheet Highlights – As on 30th Sept'17
Consolidated Balance Sheet Highlights – As on 30th Sept’17 Rs. in Crore Sept-17 Sept-16 Rs. in Crore Sept-17 Sept-16 Equity 66.14 52.48 Non-current Assets 37.32 32.73 Equity Share Capital 8.40 8.02 Property, Plant and Equipment 21.70 22.88 Capital WIP 8.33 1.14 Other Equity 57.74 44.46 Investment Pr
Slide 13: Strong Operational Performance
Strong Operational Performance Volume (MT) 62,092 63,296 Net Revenue (Rs. Crore) 263.6 245.0 43,929 45,504 185.2 181.4 193.4 42,229 FY13 FY14 FY15 FY16 FY17 FY13 FY14 FY15 #FY16 #FY17 EBITDA (Rs. Crore) / Margin (%) PAT (Rs. Crore) / Margin (%) 10 3.6% 4% 25 9.0% 10% 9 4% 9% 7.2% 8 20 8% 3% 7 2.5% 7
Slide 14: Strengthening Balance Sheet
Strengthening Balance Sheet Total Asset Turnover (x) Net Debt/Equity (x) 13.7 12.0 12.0 10.6 2.2 2.2 9.4 1.8 1.8 0.9 FY13 FY14 FY15 FY16 FY17 FY13 FY14 FY15 FY16 FY17 RoE (%) *RoCE (%) 22.5% 17.0% 16.0% 17.2% 8.4% 9.1% 10.6% 4.6% 6.6% 3.4% FY13 FY14 FY15 FY16 FY17 FY13 FY14 FY15 *FY16 *FY17 Return r
Slide 15: Consolidated Annual Performance
Consolidated Annual Performance Rs. Crore *FY17 FY16 Total Income from Operations 284.42 264.00 Less: Excise Duty 24.70 22.05 Other Income 3.88 3.08 Net Revenue # 263.60 245.03 Raw Materials 223.96 212.22 Employee Cost 3.44 3.12 Other Cost 12.48 12.03 Total Expenditure 239.89 227.37 EBITDA 23.71 17.
Slide 16: Consolidated Balance Sheet Highlights - As on 31st March'17
Consolidated Balance Sheet Highlights - As on 31st March’17 As on 31st As on 31st As on 31st As on 31st Rs. Crore Rs. Crore Mar-17 Mar-16 Mar-17 Mar-16 Shareholder’s Funds 52.74 26.72 Non-current assets 33.05 30.94 Share capital 8.02 8.47 Fixed assets 27.61 17.67 Reserves & Surplus 40.15 18.25 Non-c
Slide 17: Company Overview
Company Overview a
Slide 18: Pioneer in Steel Tubes Industry
Pioneer in Steel Tubes Industry Incorporated in 1974 • Over 4 decades of presence in Steel Industry • Well established and strong brand Wide Product Suite • Presence across key sectors • Applications in automobiles, infrastructure, real estate, furniture State of Art manufacturing facilities • Two s
Slide 19: Key Management Team
Key Management Team • More then 3 decades of experience in manufacturing Industry of “Steel Tubes” with dynamic vision and sharp Naresh Bansal business acumen Managing Director • Graduate in law Richi Bansal Rajkumar Malik Kapil Datta Director & CEO CFO CS • Responsible for Accounting Activities, •
Slide 20: Diverse Product Portfolio
Diverse Product Portfolio Product Applications ERW Galvanised Steel Water pipeline, Tubewells, Gas Pipelines, Oil Pipelines, Cross Country Pipelines Pipes & Tubes ERW Black Steel Pipes & Road Barriers, Temporary Fencing, Steel Gates and Windows, Horse Riding Fence, Tubes Parking Lots, Steel Building
Slide 21: Products Well Accepted Over Globe
Products Well Accepted Over Globe United Kingdom *UAE & Kuwait India Guyana Africa ➢Kenya Sri Lanka ➢Ghana *100% Owned Subsidiary “RST International Trading FZE” in Dubai ➢Uganda (since 2 years), trading in Flat Steel ➢Congo Products, Polymers, Machinery & ➢Ethiopia Equipment Established & Strong Br
Slide 22: Key Strategic Advantages
Key Strategic Advantages Industry presence since 4 Catering to overseas clientele decades with dedicated and across globe along with disciplined functioning domestic market Diversified clientele with over Close proximity to SAIL and 200 dealer distributors & other big steel suppliers association wit
Slide 23: Fungible Manufacturing Facilities with Locational Advantage
Fungible Manufacturing Facilities with Locational Advantage ➢ Khopoli and Lepaskhi plants - close Sahibabad, Uttar Pradesh proximity to ports and market ➢ Caters to demand across Maharashtra, Gujarat, Madhya Pradesh, Andhra Pradesh & Tamil Nadu, Kerala, Karnataka, Goa, Telangana ➢ Location near mark
Slide 24: Thank You
Thank You 539309 RAMASTEEL RASTL RAMA.NS For further information, please contact: Company : Investor Relations Advisors : Rama Steel Tubes Ltd. Bridge Investor Relations Pvt. Ltd. Mr. Richi Bansal Ms. Savli Mangle CEO savli@bridge-ir.com ceo@ramasteel.com Mr. Amit Sharma Website amit@bridge-ir.com w