Slide 1: Salzer Electronics Limited Result Update Presentation Q4 & FY22
Salzer Electronics Limited Result Update Presentation Q4 & FY22
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Salzer Electronics 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 an
Slide 3: Table of Contents
Table of Contents | ) SaiZzer) 01. Financial Highlights O02 Company Overview 03 Business Overview Q4 Way Ahead Ag e—
Slide 4: Financial Highlights
Financial Highlights
Slide 5: Joint Managing Director’s Message
Joint Managing Director’s Message “The impacts of the third wave of the pandemic are subsiding now, as markets in India and abroad are recovering from the slowdown. We are witnessing a steady growth in demand and an increasing good orderbook, from both domestic as well as export markets. During the
Slide 6: Key Financial Highlights – Quarterly
Key Financial Highlights – Quarterly Revenue, EBITDA, PAT (Rs. Crore) Revenue EBITDA PAT 250 30.0 228.0 211.8 189.7 194.8 25.0 200 170.4 162.1 155.0 18.8 18.4 20.0 17.5 149.8 149.0 17.7 16.7 143.5 16.9 16.7 16.7 17.3 150 16.4 134.7 16.1 137.8 134.7 132.3 16.2 126.8 126.5 14.8 14.0 14.3 12.9 15.0 95.
Slide 7: Q4 FY22 Financial Highlights
Q4 FY22 Financial Highlights Standalone Consolidated Rs. in Crore Q4 FY22 Q4 FY21 Y-o-Y % Q3 FY22 Q4 FY22 Net Revenue 228.02 189.69 20.21% 211.82 238.87 Raw Materials 185.55 150.83 167.62 192.82 Employee Cost 8.60 7.50 7.35 9.62 Other Expenses 20.97 15.20 19.17 22.51 Total Expenditure 215.13 173.53
Slide 8: Q4 FY22 Revenue Breakup – Business Verticals
Q4 FY22 Revenue Breakup – Business Verticals Q4 FY21 Q4 FY22 Industrial Switchgear, 48.1% Industrial Switchgear, 41.31% Energy Management , Wire & Cable, 0.00% 52.46% Building Segment, Building Segment, 7.3% 6.23% Wire & Cable, 44.6% ▪ Industrial Switchgear – 48.12% of net revenues ▪ Wires & Cables
Slide 9: Q4 FY22 Revenue Breakup – Geographical
Q4 FY22 Revenue Breakup – Geographical Q4 FY21 Q4 FY22 Asia (Exclu. India), Middle East, 2.2% Asia (Exclu. India), Middle East, North/South 7.6% North/South10.8% 1.5% America, 4.7% America, 3.1% Europe, Europe, 4.7% 5.9% India, India, 79.6% 80.0% 9
Slide 10: FY22 Financial Highlights
FY22 Financial Highlights Rs. in Crore FY22 FY21 Y-o-Y % FY22 (Consl) Net Revenue 783.63 605.62 29.39% 803.54 Raw Material Expenses 621.79 470.39 630.17 Employee Expenses 29.40 24.34 33.60 Other Expenses 68.66 49.10 73.54 Total Expenditure 719.85 543.83 737.30 EBITDA 63.78 61.79 3.22% 66.24 EBITDA M
Slide 11: FY22 Revenue Breakup – Business Verticals
FY22 Revenue Breakup – Business Verticals FY21 FY22 Industrial Switchgear, 50.3% Industrial Switchgear, 41.3% Energy Management , Wire & Cable, 0.5% 52.8% Building Segment, Building Segment, 6.5% 5.4% Wire & Cable, 43.2% ▪ Industrial Switchgear – 50.25% of net revenues ▪ Wires & Cables – 43.23% of n
Slide 12: FY22 Revenue Breakup – Geographical
FY22 Revenue Breakup – Geographical FY21 FY22 Asia (Exclu. India), Middle East, 1.4% Asia (Exclu. India), Middle East, North/South 9.4% 9.7% 1.3% America, 4.0% North/South America, 5.2% Europe, 5.3% Europe, 7.0% India, 76.7% India, 80.0% 12
Slide 13: Balance Sheet as on 31st Mar’22
Balance Sheet as on 31st Mar’ 22 As on 31st As on 31st As on 31st As on 31st Rs. Crore Rs. Crore Mar’ 22 Mar’ 21 Mar’ 22 Mar’ 21 Shareholder’s Funds 351.47 331.29 Non-current assets 261.15 260.14 Share capital 15.98 15.98 Property, Plant & Equipment 210.57 206.66 Other Equity 335.48 315.30 Capital W
Slide 14: Key Financial Highlights – Annual
Key Financial Highlights – Annual Revenue (Rs. Crore) EBITDA (Rs. Crore) / Margins (%) 70 12.0% 11.5% 10.2% 14% 11.4% 783.6 60 12% 50 8.1% 10% 559.8 566.9 605.6 40 8% 442.8 65.2 63.8 30 63.6 61.8 6% 53.3 20 4% 10 2% 0 0% FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Net Profit (Rs. Crore) Networ
Slide 15: Company Overview
Company Overview
Slide 16: About Us
About Us Leading player offering total and customized electrical solutions Wide Distribution network – local and global ▪ Presence in Industrial Switchgears, Wires ▪ Own distribution network – local and global & Cables and Energy management – export to 50 countries business ▪ Access to L&T’s local n
Slide 17: From a Single Product Company…
From a Single Product Company… ▪ Unit I (Coimbatore) – manufacture ▪ Leading player offering total and customized contactors, relays, panels, energy savers electrical solutions ▪ Starting of long term association with L&T ▪ More than 15 different products ▪ Technical collaboration with Plitron for ▪
Slide 18: Professional Management
Professional Management R. Doraiswamy D. Rajeshkumar S. Baskarasubramanian Managing Director Joint Managing Director Director-Corporate Affairs & CS ▪ Qualified Electrical Engineer and ▪ Electrical Engineer, India; Technocrat Entrepreneur with over ▪ Qualified Company Secretary Postgraduate in Busin
Slide 19: Business Overview
Business Overview
Slide 20: Business Overview
Business Overview Industrial Switch Gear Products Copper Products ▪ Transformers ▪ Wires & Cables ▪ Terminal Blocks ▪ Flexible Bus Bars ▪ Rotary Switches ▪ Enamelled Wires ▪ Isolators ▪ Bunched Conductors ▪ General Purpose relays ▪ Tinned Copper Wires ▪ Wiring Ducts ▪ MPCB’s ▪ Contactors & OLR’s ▪ C
Slide 21: Wide Product Suite- Customized for OEM’s
Wide Product Suite- Customized for OEM’s CT’s Terminal Sockets Coils / Inductors Panels In-house manufacturing and R&D enables superior customization of products 21
Slide 22: Key Strengths
Key Strengths Wide Distribution Network Strong Customer Relationships ▪ Wide distribution network – international and domestic ▪ Strong customer relationships across globe ▪ Tie up with L&T – access to over 350 dealers Complete Backward Integration ▪ Preferred supplier to GE, Schneider and in India;
Slide 23: Five Manufacturing facilities...
Five Manufacturing facilities... UNIT I UNIT 2 UNIT 3 UNIT 4 UNIT 5 ▪ Rotary Switch ▪ Toroidal Transformers ▪ Wiring Accessories ▪ Wires & Cables ▪ Enamelled Copper ▪ Contactors & Relays ▪ Isolators (Dis-connectors) ▪ Flexible Bus Bars Wires ▪ Panel Assembly ▪ Terminals ▪ Bunched Conductors ▪ Fine E
Slide 24: ...With In-house process capabilities...
...With In-house process capabilities... ▪ Full fledged Type testing laboratory ▪ In-house tool room facility for manufacturing and – Loads up to 500Amps servicing of Moulds and press tools – Environmental test chamber for humidity test – CNC Wire Cut Machines and Spark erosion machines – Salt spray
Slide 25: ...And a strong R&D team
...And a strong R&D team R&D expenses (Rs crore) ▪ In-house R&D Center 12.00 − More than 35 engineers − Recognized by Department of Science, Govt of India ▪ Patented Rotary switches 8.50 9.07 7.75 ▪ Five patents in process − Manual Single-Phase Starter with no voltage tripping, Energy Saver System f
Slide 26: Internationally certified
Internationally certified ISO 9001 ISO 14001 ISO 18001 CE Certification UL Certification CB certification RoHS Intertek Semko approval CSA Certification ... Across entire product portfolio 26
Slide 27: Blue Chip Customers
Blue Chip Customers ▪ Technical Tie-up with American Company ▪ Marketing Tie-up with L&T for Indian Market C3Controls, to manufacture & market contactors & overload relays ▪ Largest supplier of rotary switches to Indian ▪ Technical Tie-up with Trafomodern for Three Phase Railways Transformers ▪ Pref
Slide 28: Wide Distribution Network
Wide Distribution Network International Domestic ▪ Direct network across 50 countries Direct network ▪ Tie up with L&T – access to more than 350 ▪ 17% of sales from global distribution across 50 dealers in India ▪ 40 international distributors countries ▪ Direct network for Modular Switches – 50 ▪ P
Slide 29: Way Ahead
Way Ahead
Slide 30: Way Ahead
Way Ahead Operational Excellence ▪ Consistently executing business strategy and continued focus on improving operating costs by sourcing quality raw materials and efficient manpower Venture into new project/ product development ▪ Seek Technical alliances to develop new and technically advanced produ
Slide 31: Way Ahead
Way Ahead Environment Social Governance ▪ Committed towards a cleaner, greener ▪ Continues to contribute towards skill ▪ M./s JDS Associates for statutory and healthier environment development among the local audit, M/s. Covai Management ▪ Optimise energy consumption population Services for internal
Slide 32: Thank You
Thank You For further information, please contact: Salzer Electronics Ltd. Bridge Investor Relations Pvt. Ltd. Mr. Baskarasubramanian Ms. Savli Mangle savli@bridge-ir.com baskarasubramanian@salzergroup.com Mr. Rahul Trivedi www.salzergroup.net rahul@bridge-ir.com www.bridge-ir.com 32