Ram Ratna Wires Limited · NSE:RAMRAT
Ram Ratna Wires — FY2022-23 Earnings Presentation
28 slides from Ram Ratna Wires's earnings presentation, May 2023
Slide 1: Ram Ratna Wires Limited Investor Presentation
Ram Ratna Wires Limited Investor Presentation May 2023
Slide 2: Cautionary Statement & Disclaimer
Cautionary Statement & Disclaimer The views expressed here may contain information derived from These statements are not guarantees of future performance publicly available sources that have not been independently and are subject to risks, uncertainties and other factors, verified. some of which are
Slide 3: FY 2022-23: Sequentially on growth trajectory
FY 2022-23: Sequentially on growth trajectory Production grew by 20.5% YoY Financial Achieved 79% Capacity utilization, up by 11.3% outperformance Revenue from operations up by 15.7% Unlocking potential in Subsidiary Companies Highest ever Highest ever production in revenue in March 2023 March 2023
Slide 4: Corporate vision into action
Corporate vision into action Expanding our footprints into Copper & Copper Capex Alloys – Foils, Bus Bar, Copper Clad Laminates for PCBs & PCBs. Corporate Vision Board approved merger of Subsidiary Global Copper, on all stock deal basis Better reach to customer base & Leverage on strong Merger
Slide 5: Financial Highlights Q4 & FY 2022-23
Financial Highlights Q4 & FY 2022-23
Slide 6: Continued to deliver strong volume growth
Continued to deliver strong volume growth Quarterly Quantity in MT Yearly Volume (MT) Volume (MT) 8,314 6,796 7,269 30,748 23,689 25,510 Q4 Q3 Q4 FY' 22 FY' 23 FY' 23 FY' 21 FY' 22 FY' 23 QoQ 14.4% YoY 20.5% YoY 22.3%
Slide 7: Focused sequential growth with improved profitability
Focused sequential growth with improved profitability INR in Crores Revenue from operations EBITDA / EBITDA % PAT / PAT % 4.8% 4.5% 4.0% 2.8% 2.1% 2.2% 642 15.6 564 26.8 25.8 13.8 528 24.0 10.9 Q4 Q3 Q4 Q4 Q3 Q4 Q4 Q3 Q4 FY' 22 FY' 23 FY' 23 FY' 22 FY' 23 FY' 23 FY' 22 FY' 23 FY' 23 Operational ef
Slide 8: FY 2022-23: Another year with a milestone of ever highest revenue
FY 2022-23: Another year with a milestone of ever highest revenue INR in Crores Revenue from Operations EBITDA / EBITDA % PAT / PAT % 3.7% 4.7% 3.9% 1.0% 2.4% 1.8% 2,328 95 92 2,013 49 43 1,387 51 14 20-21 21-22 22-23 20-21 21-22 22-23 20-21 21-22 22-23 • Delivered consistent revenue growth backed b
Slide 9: Strong & improving financial indicators
Strong & improving financial indicators RoE $ RoCE # 18.4% 23.4% 21.5% 14.1% 13.3% 6.8% 20-21 21-22 22-23 20-21 21-22 22-23 Debt/ Equity Ratio Cash conversion cycle (Days) 1.56 98 69 70 0.77 0.63 20-21 21-22 22-23 20-21 21-22 22-23 $ Return on Equity = Profit after Tax / Shareholders’ fund # Return
Slide 10: Summarized financial position
Summarized financial position INR in Crores Particulars 21-22 22-23 Assets: Fixed Assets (Incl. CWIP) 120.52 109.08 Investments 76.93 95.71 Other Long Term Assets 11.43 20.36 Inventories 93.14 142.94 Receivables 288.00 305.84 Other Current Assets 34.39 44.82 Total Assets 624.41 718.75 Liabilities: S
Slide 11: Consolidated result
Consolidated result INR in Crores Revenue from Operations EBITDA PAT 724 17.0 16.0 32.3 31.2 13.1 29.9 637 612 Q4 Q3 Q4 Q4 Q3 Q4 Q4 Q3 Q4 FY' 22 FY' 23 FY' 23 FY' 22 FY' 23 FY' 23 FY' 22 FY' 23 FY' 23 • Our investments in subsidiaries in scaling mode & started adding to topline numbers (particularly
Slide 12: Consolidated Result
Consolidated Result INR in Crores Revenue from Operations EBITDA PAT 2,650 110.7 109.0 54.2 2,289 47.0 1,527 61.4 15.7 FY' 21 FY' 22 FY' 23 FY' 21 FY' 22 FY' 23 FY' 21 FY' 22 FY' 23 Consolidated financials
Slide 13: Company Overview
SHRAMIK Company Overview
Slide 14: A snapshot
A snapshot 2nd largest manufacturer of Winding Wire in South Asia India’s Only Proven Track record manufacturer Revenue & PAT growing at Offering widest range CAGR (5 years) of 13.2% & of enamelled wires 21.9% respectively (0.016 mm – 5.000 mm) Fine & Ultra Fine Self Solderable
Slide 15: We are integral part of core manufacturing sector
We are integral part of core manufacturing sector Pivoted around capitalizing on India Growth Story Consumer Electronics & Growth in Energy sector Growing Automotive sector Appliances 35.7 2023 – 2027 Vehicles Evs @ CAGR 12.78% 24.8 17.6 160 817 In Million units 347 412 79 0.3 2018 2023 2030 2022-23
Slide 16: Symbol of our Brand's Presence
Symbol of our Brand’s Presence Trust Reliable supplier in American certifying Quality & Specifications approved Automotive industry Lab approval for applications in Indian Railway We are the proud member of ACMA with IATF 16949:2016 certification, it takes us way ahead of our competitors Assurance W
Slide 17: Our corporate journey & key milestones we are proud of
Our corporate journey & key milestones we are proud of BSE Listing 1995 Corporate Activities Investment in Proposed Setting up New Subsidiary Investment in Manufacturing facility (Copper Tubes) Subsidiary (BLDC 2017 Motors) 2020 Incorporation NSE Listing JV in Bangladesh 2022 1992 (Electrical Wires
Slide 18: Our competitive edge that keeps us ahead
Our competitive edge that keeps us ahead Strong, experienced & Strong & long term Experienced associated Strong Board with high employees Business Partner level of Corporate Wide Product range Relationship Governance State of Art manufacturing facility
Slide 19: Our well invested assets driving growth
Our well invested assets driving growth Opportunity landscape for exponential business growth Global Copper # 60% Holding 74% Holding Copper Tubes BLDC Motor / HUB Motor / HVLS Fans # Board has approved Scheme of Amalgamation of Global Copper Pvt Ltd on “all stock deal” basis
Slide 20: Global Copper (GCPL): Copper Tube manufacturer
Global Copper (GCPL): Copper Tube manufacturer A brand built with Only manufacturer quality & technology with advanced ”Cast & Roll” Technology in India Import Substitution Fully integrated & ~ 70% of copper tubes automated facility presently imported using 100% online Eddy Current Testing system IN
Slide 21: EPAVO: Potential to create long term growth
EPAVO: Potential to create long term growth Transforming to more energy efficient environment Partnered with Epack Durable BLDC Motor Hub Motor (Noida) AC / Ceiling Fans Electric Vehicles HVLS Fan 2020 Commencement • Opportunity landscape for exponential business growth with allied sectors • Enrolle
Slide 22: Strong leadership of our board members
Strong leadership of our board members Shri Tribhuvanprasad Kabra Shri Mahendrakumar Kabra Shri Hemant Kabra Chairman Managing Director President & CFO (Executive Director) Shri Rameshwarlal Kabra Chairman Emeritus Padma Shri Awardee (Trade & Industry - 2018) Shri R. Kannan Shri Sandeep Jhanwar Shri
Slide 23: Backed by dedicated & long associated team
Backed by dedicated & long associated team Shri Satish Kumar Agarwal (Formerly Sr VP – Commercial now acting as a strategic advisor to the Company) Since inception CA by qualification and expert in financial strategies and tax plannings, played a vital role in setting-up all the manufacturing facili
Slide 24: Backed by dedicated & long associated team
Backed by dedicated & long associated team Shri Saurabh Gupta Company Secretary & Compliance officer Since 2015 CA & CS by qualification ensuring strict Corporate & Secretarial Compliances Shri Rajeev Maheshwari DGM - Commercial Since 2011 CA by qualification with the overall F&A responsibility; ins
Slide 25: Our commitment towards society
Our commitment towards society Our philanthropic activities arm 23 69 3 Giving Wings to Your Dreams Values Weeks Weeks Each Value 32 8 3.32 7604 6710 Subjects Life Values Lacs Teachers Schools Students Imparting Cultural & Moral education through various platforms
Slide 26: Translating into shareholders' value appreciation
Translating into shareholders’ value appreciation 250 Share Price in INR 212 198 192 200 183 178 169 170 158 152 150 134 103 102 93 100 82 Sep’ 22 50 Mar’ 22 0 1-Apr 2-May 1-Jun 1-Jul 1-Aug 1-Sep 3-Oct 1-Nov 1-Dec 2-Jan 1-Feb 1-Mar 3-Apr 2-May Share Price Share price post split pursuant to 1:1 bonus
Slide 27: Robust historical performance
Robust historical performance INR in Crores Revenue EBITDA / EBITDA Margin 13.2% CAGR 8.6% CAGR 4.7% 3.9% 4.9% 4.2% 3.7% 2,328 2,013 95 92 1,250 1,255 1,387 61 52 51 18-19 19-20 20-21 21-22 22-23 18-19 19-20 20-21 21-22 22-23 PAT / PAT Margin Dividend (Rs / Share) 21.9% CAGR On pre bonus (1:1) equit
Slide 28: Corporate office: Alembic Business Park (W), Vadodara
Registered office: Corporate office: Ram Ratna House, Oasis Complex (Utopia City), Alembic Business Park (W), P. B. Marg, Worli, Mumbai - 400 013 Ground Floor, Bhailal Amin Marg, Gorwa, CIN : L31300MH1992PLC067802 Vadodara - 390 003 www.rrshramik.com