Abb India Limited · NSE:ABB
Abb India — Q3 CY2021 Earnings Presentation
21 slides from Abb India's earnings presentation, Oct 27, 2021
Slide 1: Cover letter to stock exchanges: Presentation to Analysts
REF:INABB:STATUT:LODR:REGU 30:PPT: October 27, 2021 BSE Limited P.J. Towers Dalal Street Mumbai 400 001 (Attn : DCS CRD) National Stock Exchange of India Ltd Exchange Plaza, 5 th Floor Plot No. C/1, G Block Bandra-Kurla Complex, Bandra (E) Mumbai 400 051 Dear Sirs Sub: Presentation to Analysts Ref:
Slide 2: Strong performance exceeding pre-COVID levels
— OCTOBER 27, 2021 Strong performance exceeding pre-COVID levels ABB India Ltd Analyst Call Q3 CY2021
Slide 3: Important notices
— Important notices This presentation includes forward-looking information and statements including statements concerning the outlook for our businesses. These statements are based on current expectations, estimates and projections about the factors that may affect our future performance, including
Slide 4: Agenda
— Agenda Business highlights Financial Highlights October Slide 3 27, 2021 Slide 3
Slide 5: Q3 2021 highlights
— Q3 2021 highlights ABB drives enhance safety and energy • Solid recovery from covid disrupted efficiency at Bharat Biotech’s Covaxin market dynamics manufacturing facility ABB expands • High level of demand driving strong order manufacturing capacity growth with double-digit growth rates in for Lo
Slide 6: Strong performance exceeding pre-COVID levels
— Strong performance exceeding pre-COVID levels Actual for Q3/21 Change Change (in Crores) Q3/21 vs Q3/20 Q3/21 vs Q3/19 Orders 1909 46% 19% Order Backlog 4765 9% 6% Revenue 1778 10% 2% PBT 165 45% 47% PAT 120 40% 52% Operational EBITA 168 64% 41% October Slide 5 27, 2021 Slide 5
Slide 7: Strong demand; revenue maintains momentum
— Strong demand; revenue Orders +46%1 INR crores maintains momentum 1953 1909 1825 1689 1606 1596 Short-cycle 1470 Steep growth across most businesses 1308 1200 Market segments Focus on channels & segments aid price realization Q3/19 Q4/19 Q1/20 Q2/20 Q3/20 Q4/20 Q1/21 Q2/21 Q3/21 Systems and servic
Slide 8: Progressing well on new business model and technologies
— Progressing well on new business model and technologies 1 yr of ABB eMart: 26x growth in organic users since 2020, Industry first collaborative robotics on ABB shopfloor with customers from J&K to Kanyakumari Local manufacturing of world’s first eco-friendly Adoption of digital products like Emax2
Slide 9: Growth Sectors & ABB Offerings
— Growth Sectors & ABB Offerings Data Centre Renewables Food & Automotive Beverage Offerings - UPS, MV & LV Switchgear, Offerings - Motors, Electrical drive train Offerings - Drives, Motors, Automation & Offerings - Robots, LV & MV Switchgear, LV Components, Automation & package, MVAC, Turbine Contr
Slide 10: Partnering India's growth story, across sectors
— Partnering India’s growth story, across sectors Govt growth drivers and emerging business areas for future growth Business Outlook AMRUT 2.0 approved by Govt. of India, High Moderate Low 100% coverage of household sewerage/ septage, universal water Renewables Food & Beverage Buildings & Infra supp
Slide 11: Implementing ABB India ESG strategy
— Implementing ABB India ESG strategy Driving sustainability to the last mile Sustainable Business Model Net Zero-Green manufacturing RE100 project realization i. Renewable energy utilisation (%) Phase 1 Carbon Net Zero with Green Factory Buildings - RE100 - EV100 & EP100 2020 Dec'2022 Phase 2 Water
Slide 12: Agenda
— Agenda Business highlights Financial highlights October 27, 2021 Slide 11
Slide 13: Financial Performance
— Financial Performance Strong performance exceeding pre-COVID levels INR crores Change Vs Change Vs Full Year Q2 2021 Performance Indicator Q3 2021 Q3 2020 YTD 2021 YTD 2020 Q3 20 YTD 20 2020 1,689 Base Orders Received 1,909 1,308 +46% 5,423 4,443 +22% 5,914 - Large Orders Received - - - 18 18 1,68
Slide 14: Q3 CY21 financial summary
— Q3 CY21 financial summary • Strong backlog execution and solid customer-connect led to positive momentum in revenue • Favourable mix & better margin orders shore up contribution • Increase in personnel expense on account of salary revision • Other expenses go up relative to revenue • Improved prof
Slide 15: PBT Bridge
— PBT Bridge 7.1% 9.3% margin margin 10 12 28 96 5 165 114 PBT for Q3/2020 Base volume, Mix Personnel expenses Other expenses Forex Other income PBT for Q3/2021 and Mat cost Slide 14
Slide 16: Share of total orders, revenues & PBIT by division
— Share of total orders, revenues & PBIT by division CY 2019 CY 2020 YTD 2021 Rs 6,970 Cr Rs 5,932 Cr Rs 5,423 Cr 21% 20% 21% 39% 36% 42% 2% 4% 4% Orders 33% 39% 39% EL MO RA PA EL MO RA PA EL MO RA PA Rs 7,315 Cr Rs 5,821 Cr Rs 4,833 Cr 21% 23% 19% 40% 37% 4% 39% 4% 3% Revenues 35% 37% 38% EL MO RA
Slide 17: Q3 2021 Electrification
— Q3 2021 Electrification Improving on a solid track record 66% 28% 23% 684 707 693 631 647 633 575 595 577 8% 492 20% -2% 9% -2% -9% -16% Q3/20 Q4/20 Q1/21 Q2/21 Q3/21 Q3/20 Q4/20 Q1/21 Q2/21 Q3/21 Orders received Order Growth Revenue Revenue Growth Orders Rs 707 crores Revenues Rs 693 crores PBIT
Slide 18: Q3 2021 Motion
— Q3 2021 Motion Stable margin despite cost inflation 45% 60% 40% 806 19% 731 700 638 629 648 631 554 535 15% 500 10% 3% -3% -21% -3% Q3/20 Q4/20 Q1/21 Q2/21 Q3/21 Q3/20 Q4/20 Q1/21 Q2/21 Q3/21 Orders received Order Growth Revenue Revenue Growth Orders Rs 806 crores Revenues Rs 700 crores PBIT Rs 76
Slide 19: Q3 2021 Process Automation
— Q3 2021 Process Automation Strong profitability improvement 55% 57% 387 27% 367 2% 440 340 326 -11% 362 361 5% 267 280 274 0% -16% -18% -18% Q3/20 Q4/20 Q1/21 Q2/21 Q3/21 Q3/20 Q4/20 Q1/21 Q2/21 Q3/21 Orders received Order Growth Revenue Revenue Growth Orders Rs 361 crores Revenues Rs 340 crores P
Slide 20: Q3 2021 Robotics and Discrete Automation
— Q3 2021 Robotics and Discrete Automation Robust growth continuing 80% 85% 100% 94 89 65% 42% 65 12% 64 61 -4% 47 45 48 -6% 43 33 -31% -28% Q3/20 Q4/20 Q1/21 Q2/21 Q3/21 Q3/20 Q4/20 Q1/21 Q2/21 Q3/21 Orders received Order Growth Revenue Revenue Growth Orders Rs 61 crores Revenues Rs 64 crores PBIT
Slide 21: Driving Innovation: together
— Driving Innovation: together October 27, 2021 Slide 20