Академический Документы
Профессиональный Документы
Культура Документы
Investor Presentation
Q4FY17/ FY17
This presentation contains forward looking statements including, but without limitation,
statements relating to the implementation of strategic initiatives, and other statements relating to
Pennar Industries Limited and its subsidiary companies (Pennar) future business developments
and economic performance.
While these forward looking statements indicate our assessment and future expectations concerning
the development of our business, a number of risks, uncertainties and other unknown factors could
cause actual developments and results to differ materially from our expectations.
These factors include, but are not limited to, general market, macro-economic, governmental and
regulatory trends, movements in currency exchange and interest rates, competitive pressures,
technological developments, changes in the financial conditions of third parties dealing with us,
legislative developments, and other key factors that could affect our business and financial
performance.
Pennar undertakes no obligation to periodically revise any forward looking statements to reflect
future / likely events or circumstances.
2
Q4FY17/ FY17 Snapshot
Financial Performance FY17
In Rs crs
Gross Revenues Gross Revenues
1,718 1,105
986
1,481
Consolidated Performance
Standalone Performance
FY16 FY17 FY16 FY17
1,549 991
1,310 874
9.4%
11.2% 9.3%
11.6%
4
Financial Performance Q4FY17
In Rs crs
Gross Revenues Gross Revenues
512
312
440 271 275
395
Consolidated Performance
Standalone Performance
Q4FY16 Q3FY17 Q4FY17 Q4FY16 Q3FY17 Q4FY17
5
Segment Performance Q4FY17
Systems & Projects Tubes
41.2
141.8 10.1%
Net Revenues (Rs crs) & EBITDA Margin %
15.3%
14.4% 36.3
86.2 8.2%
6
Evolving Business Mix (1/2)
As of 31st March, 2017
Scrap
ICD 4%
6%
Steel Products
Steel Products
Tubes 28%
13%
Systems and
Projects
Tubes
ICD
Scrap
Systems and
Projects
50%
Others
6%
* Systems and Projects (50%)
Railways
16%
Solar
34%
* As a Percentage of Standalone Revenues for Q4FY17
8
Segment Highlights
Segment-wise Business Review; Outlook
10
Segment-wise Business Review; Outlook
CAPEX plan - Cold rolling & skin pass mill strengthening and an additional hydrogen annealing furnace.
11
Segment-wise Business Review; Outlook
Outlook
Revenue expected to grow 30% in FY18 on addition of new tube mill in Hyderabad; increase in CDW sales to
300 tons a month and a big thrust on exports.
CAPEX: Adding a new tube mill, Annealing, ECT Straightener, Testing/Finishing line; To accelerate CDW
growth plan from 1000T to 2000MT/month; Add continuous GP line for additional 700MT of GP tube.
12
Segment-wise Business Review; Outlook
13
Segment-wise Business Review; Outlook
Customers
Steel INR 309.7
CRSS: 100 crores
Products CRFS: 75 FY17 Sales
Steel
CRFS Orders
Order in ESP from Thermax, GE Power; Order in Buildings from SNC Pvt Ltd., BTL EPC Ltd.-NTPC Unchahar
project, Indwell Construction, Power Mech-NTPC project; Repeat Orders from regular schedules of Auto & ESP
for various projects.
CRSS Orders
Orders from Toshiba, IFB Industries, LGB, Luk India; Orders for Special Grade Material (JMT, KM Seat,
Amvian, Promx, DVB, IFB, LGB); Monthly schedule from regular customers continues.
New Customers
CRFS - BTP EPC Ltd., Naturo Speed Tech Pvt Ltd., Sreevas Roofing, Grupreet Galvanizing Pvt Ltd., Aero Fibre
Pvt Ltd.
Outlook for FY18
Robust growth is expected to be driven by a 20% increase in CRC. GP Strips are expected to be a major driver of
revenues.
The aim is to increase EBIDTA margin significantly in the Steel Products business unit.
14
Subsidiary Highlights
Group Subsidiaries
5
New
Pennar Customers
Enviro
Repeat Orders:
STEAG Energy Services (India) Pvt. Ltd; Parry Sugar Refinery India Private Ltd; Hatsun Agro Products Ltd;
Covalent Laboratories Pvt. Ltd; Sigma Electric Manufacturing;
New Customers:
Heubach Colour Pvt. Ltd., Bharat Oman Refineries Ltd.,Sai Wardha Power Generation Ltd., India Power
Corporation (Haldia) Ltd. and Motherson
17
Subsidiary Highlights, Outlook
Repeat Orders : JSW Cement, Hetero Drugs, Shapoorji & Pallonji and Aequs SEZ Pvt Ltd.
Business Highlights
High-Rise Buildings The Company is currently executing six residential towers and one commercial tower.
Telecom Towers - The Company is currently developing models for tower business.
Exports Focusing on export & executed orders worth of 6 Crores.
Agreement with the Andhra Pradesh Government for engaging a 75-seater engineering office facility in Vizag
(Andhra Pradesh) under the Software Export Promotion Program over a period of one year, in a phased manner.
18
Projects - Subsidiaries
Projects Pennar Enviro
JBF ONGC BIOLOGICAL E-PROJECT
20
Projects PEBS
High-rise structure in Hyderabad COCA COLA TEXPORT
21
The Pennar Group
1549.4 74.9 11.2%
FY17 Cr. Cr EBITDA
Performance
Net Cash Margin
Revenue Profit
z z zv z
25
Distributed Manufacturing
Tarapur
Solar, Building Products, Auto
Profiles, ESP
Patancheru
Press Components, Profiles, ESP /
Building Products, Sheet Piles /
Solar, Railway Components, CRSS,
Fabrication
Isnapur
Isnapur
Tarapur
Patancheru
CRSS, ERW / CDW Tubes, Profiles,
Solar
Chennai
Chennai Coaches, Auto Profiles, Components
/ Hydraulics, Building Products
26
Management Team
Management Team
Leadership Team
Business Heads
28
THANK YOU
Contact Details:
Investor Relations Jill Deviprasad
Cell: +91-7718834519
Email: jill@velresearch.com