Slide 1: Earnings Presentation Q3 / 9M - FY2025
Earnings Presentation Q3 / 9M - FY2025 February 2025
Slide 2: Company in a Snapshot
COMPANY SNAPSHOT 2 Company in a Snapshot A market leader in the pumps and pumping systems segment Large Order book Consolidated Order book INR 35,370 Mn Strategic Locations 12 Strategic Manufacturing Locations Domain Expertise Rich experience of 70+ years Acquisitions focused Strong global presence
Slide 3: Company Overview
COMPANY OVERVIEW
Slide 4: Company Overview
COMPANY OVERVIEW 4 Company Overview Envisions vast growth potentials in both its core markets – engineered flow control products and turnkey water projects • WPIL Limited, incorporated in 1952, is a multi-national pumps and pumping systems company, Operating Revenue (INR Mn), EBITDA Margins (%) head
Slide 5: Company Timeline
COMPANY OVERVIEW 5 Company Timeline 70+ years legacy of delivering flow solutions across the globe 1952 1992 – 2000 2011 – 2012 2017 – Present Incorporated as Johnston Leveraging a wide range of WPIL grew an international WPIL has been building out Pumps India Ltd., a centrifugal pumps, WPIL grew fo
Slide 6: Company Board
COMPANY OVERVIEW 6 Company Board Highly qualified Board of Directors with diverse expertise Prakash Agarwal B-Tech from Manipal Institute of Technology, with over 20 years of experience in the Managing Director, Promoter overall management of the engineering industry and EPC projects. K. K. Ganeriwa
Slide 7: Business Overview
BUSINESS OVERVIEW
Slide 8: Group Business Structure
BUSINESS OVERVIEW 8 Group Business Structure INDIA (64%) INTERNATIONAL (36%) PRODUCT (27%) PROJECT (73%) SOUTH AFRICA (27%) ITALY (55%) AUSTRALIA (18%) Gruppo Aturia Conventional Irrigation Engineered Municipal Drainage Industry Earnings Presentation Q3-FY25
Slide 9: Global Operations
BUSINESS OVERVIEW 9 Global Operations Strong global presence established via focused acquisitions and joint ventures, supported by Indian manufacturing base Upon completing 10 years of growth in the export market, and having gained valuable experience in global markets, the company needed to establi
Slide 10: Indian Operations
BUSINESS OVERVIEW 10 Indian Operations Five state-of-the-art manufacturing facilities located across the country Engineered Pump Division : Kolkata Located about 25 KM from Kolkata, the two facilities have ~60,000 M² of combined floorspace. Nagpur Located about 26 KM from Nagpur, the plant has ~70,0
Slide 11: Varied Range Of Applications
BUSINESS OVERVIEW 11 Varied Range Of Applications Diversified product portfolio catering to a widespread market segment INDUSTRIAL IRRIGATION Used in industries for a variety of purposes Large lift irrigation networks to provide surface such as fire fighting, sewage, chemicals, pulp water to farmers
Slide 12: Strategic Overview
STRATEGIC OVERVIEW
Slide 13: Multiple Triggers To Drive Growth
STRATEGIC OVERVIEW 13 Multiple Triggers To Drive Growth Strong opportunities for large organized players in this market segment Healthy domestic market for pumps in India – USD 1.2+ billion (INR 8,500+ crore) Jal Jeevan Mission / Atal Additional Growth URBAN Renewal Mission 2 Drivers: water supply s
Slide 14: Value Proposition
STRATEGIC OVERVIEW 14 Value Proposition Strong fundamentals support continued global growth Global Operations Forward Dominant Player Marquee Clients Integrated by supported by in the Industrial from top class providing turnkey subsidiaries, agent Pump Sector industries solutions and networks and O&
Slide 15: Financial Overview
FINANCIAL Sey OVERVIEW
Slide 16: Financial Highlights
FINANCIAL OVERVIEW 16 Financial Highlights Q3-FY25 Standalone Performance Q3-FY25 Consolidated Performance Q1-FY25 Consolidated Performance INR 2,175 Mn INR 328 Mn 15.08% INR 3,816 Mn INR 481 Mn 12.60% Operating EBITDA Operating EBITDA Operating Revenue Operating EBITDA Operating Revenue Operating E
Slide 17: Q3-FY25 Operational Highlights - Domestic
FINANCIAL OVERVIEW 17 Q3-FY25 Operational Highlights - Domestic Domestic revenues for 9M FY25 grew by 23% year-on-year despite of subdued quarter Product Business - Product division revenues grew from INR 169 crores in 9M FY24 to INR 215 crores in 9M FY25 - The outlook for the Product division remai
Slide 18: Q3-FY25 Operational Highlights - International
FINANCIAL OVERVIEW Q3-FY25 Operational Highlights - International - The International business operations remain stable with revenues for the period grew from INR 431 crores in 9M FY24 to INR 454 crores in 9M FY25 - Gruppo Aturia is seeing good traction in the MENA region with the de escalation of t
Slide 19: International Project Division
FINANCIAL OVERVIEW International Project Division - As per our Business Plan the company has been working to develop its International turnkey project to build on its competencies and grow the addressable market. In FY25, the company made 3 strategic investments which have now created a sizeable Int
Slide 20: Segmental Revenue - Domestic
FINANCIAL OVERVIEW 18 Segmental Revenue - Domestic Product Revenue (INR Mn) Project Revenue (INR Mn) 2,133 QUARTERLY QUARTERLY 769 1,406 549 Q3-FY24 Q3-FY25 Q3-FY24 Q3-FY25 5,715 2,151 NINE MONTHLLY NINE MONTHLLY 4,734 1,688 9M-FY24 9M-FY25 9M-FY24 9M-FY25 Earnings Presentation Q3-FY25
Slide 21: Order Book
FINANCIAL OVERVIEW 19 Order Book Domestic Order Book (INR Mn) 9M – FY25 International Order Book Breakup (%) 36,410 30,540 Australia 20% 25,900 Construction 31,510 Construction 41% 25,250 Construction INR Italy 20,610 5,482 Mn 3,988 South Africa 39% 3,140 O&M 3,477 O&M OEM 5,290 5,290 4,900 FY23 FY2
Slide 22: Quarterly Standalone Financial Performance
FINANCIAL OVERVIEW 20 Quarterly Standalone Financial Performance Particulars (INR Mn) Q3-FY25 Q2-FY25 Q-o-Q Q3-FY24 Y-o-Y Revenue from Operations 2,175 3,298 (34.1)% 2,743 (20.7)% Operating Expenses 1,847 2,664 (30.7)% 2,219 (16.8)% EBITDA 328 634 (48.3)% 524 (37.4)% EBITDA Margins (%) 15.08% 19.22%
Slide 23: YTD Standalone Financial Performance
FINANCIAL OVERVIEW 21 YTD Standalone Financial Performance Particulars (INR Mn) 9M-FY25 9M-FY24 Y-o-Y Revenue from Operations 7,867 6,419 22.6% Operating Expenses 6,503 5,286 23.0% EBITDA 1,364 1,133 20.4% EBITDA Margins (%) 17.34% 17.65% (31) Bps Depreciation 51 52 (1.9)% Finance Cost 222 128 73.4%
Slide 24: Quarterly Consolidated Financial Performance
FINANCIAL OVERVIEW 22 Quarterly Consolidated Financial Performance Particulars (INR Mn) Q3-FY25 Q2-FY25 Q-o-Q Q3-FY24 Y-o-Y Revenue from Operations 3,816 4,909 (22.3)% 4,307 (11.4)% Operating Expenses 3,335 3,865 (13.7)% 3,607 (7.5)% EBITDA 481 1,044 (53.9)% 700 (31.3)% EBITDA Margins (%) 12.60% 21.
Slide 25: YTD Consolidated Financial Performance
FINANCIAL OVERVIEW 23 YTD Consolidated Financial Performance Particulars (INR Mn) 9M-FY25 9M-FY24 Y-o-Y Revenue from Operations 12,350 10,730 15.1% Operating Expenses 10,223 8,770 16.6% EBITDA 2,127 1,960 8.5% EBITDA Margins (%) 17.22% 18.27% (105) bps Depreciation 240 221 8.6% Finance Cost 274 239
Slide 26: Historical Financial Overview
HISTORICAL FINANCIAL OVERVIEW
Slide 27: Standalone Financial Performance
HISTORICAL FINANCIAL OVERVIEW 25 Standalone Financial Performance Particulars (INR Mn) FY22 FY23 FY24 9M-FY25 Revenue from Operations 5,298 10,024 10,769 7,867 Operating Expenses 4,432 8,264 8,839 6,503 EBITDA 866 1,760 1,930 1,364 EBITDA Margins (%) 16.35% 17.56% 17.92% 17.34% Depreciation 56 55 70
Slide 28: Standalone Balance Sheet
HISTORICAL FINANCIAL OVERVIEW 26 Standalone Balance Sheet Particulars (INR Mn) FY23 FY24 H1-FY25 Particulars (INR Mn) FY23 FY24 H1-FY25 EQUITY AND LIABILITIES ASSETS a) Equity Share Capital 98 98 98 Non-Current Assets a) Property, Plant and Equipment 742 864 972 b) Other Equity 6,472 7,502 8,082 b)
Slide 29: Consolidated Financial Performance
HISTORICAL FINANCIAL OVERVIEW 27 Consolidated Financial Performance Particulars (INR Mn) FY22 FY23 FY24 9M-FY25 Revenue from Operations 11,813 16,055 16,644 12,350 Operating Expenses 9,710 13,380 13,662 10,223 EBITDA 2,104 2,674 2,982 2,127 EBITDA Margins (%) 17.81% 16.66% 17.92% 17.22% Depreciation
Slide 30: Consolidated Balance Sheet
HISTORICAL FINANCIAL OVERVIEW 28 Consolidated Balance Sheet Particulars (INR Mn) FY23 FY24 H1-FY25 Particulars (INR Mn) FY23 FY24 H1-FY25 EQUITY AND LIABILITIES ASSETS a) Equity Share Capital 98 98 98 Non-Current Assets b) Other Equity 8,001 12,361 13,404 a) Property, Plant and Equipment 3,649 3,415
Slide 31: Consolidated Financial Graphs
HISTORICAL FINANCIAL OVERVIEW 29 Consolidated Financial Graphs Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margins (%) PAT (INR Mn) & PAT Margins (%) 16,644 2,982 1,930 16,055 2,674 1,779 1,503 12,350 2,104 2,127 1,182 11,813 17.81% 16.66% 17.92% 10.01% 11.08% 11.60% 12.17% 17.22% FY22 FY23* FY24* 9M-
Slide 32: Capital Market Information
HISTORICAL FINANCIAL OVERVIEW 30 Capital Market Information Stock Performance Data (As on 31st December, 2024) 95% 75% 55% 35% 15% -5% -25% Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 WPIL Ltd. Sensex Price Data (As on 31st December, 2024) INR Shareholding Pat
Slide 33: Disclaimer
DISCLAIMER 31 Disclaimer WPIL Limited Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are
Slide 34: Thank You
THANK YOU