Tamboli Industries Ltd · NSE:TAMBOLIIN
Tamboli Industries — Tamboli Capital — Q2 FY2023 Earnings Presentation
29 slides from Tamboli Industries's earnings presentation, October 2022
Slide 1: Q2FY23 Investor Presentation
TAMBOLI CAPITAL LIMITED Q2FY23 INVESTOR PRESENTATION October 2022 H o l d i n g c o m p a n y o f Ta m b o l i C a s t i n g s L i m i t e d
Slide 2: Inside this Presentation
03-14 C O M PA N Y P R O F I L E 15-18 S T R AT E G Y 19-23 FINANCIAL OVERVIEW Inside this 24-28 Q U A R T E R LY S N A P S H O T Presentation
Slide 3: Company Profile
01/04 S T R A T EG Y Company Profile 04 GROUP STRUCTURE 05 VA L U E P R O P O S I T I O N 06 S N A P S H OT 07 M A N U FA C T U R I N G FA C I L I T Y 08 M A N U FA C T U R I N G P R O C E S S 10 P R O D U C T A P P L I C AT I O N S 11 GLOBAL REACH 12 CLIENTELE 13 S U P E R I O R O P E R AT I N G M
Slide 4: Group Corporate Structure
04 - C O M P AN Y P R O F I L E Group Corporate structure REVENUE MIX HOLDING COMPANY: INVESTMENTS IN TAMBOLI CAPITAL INVESTMENT G R O U P C O M PA N I E S LIMITED CASTINGS & BSE: TAMBOLI Listed since 2010 99% PRECISION COMPONENTS 99% OF TOP LINE SUBSIDIARY: INVESTMENT 100% CASTINGS & PRECISION TAMB
Slide 5: Tamboli Castings (TCL) Value Proposition
05 - C O M P AN Y P R O F I L E Tamboli Castings (TCL) NICHE, SUPER-CRITICAL Value Proposition COMPONENTS We are a specialist in investment casting technology (Feinguss), delivering fully machined precision components for Pneumatic & Automation, Pumps, Valves & Turbo Parts, General Engineering, Auto
Slide 6: TCL at a Glance
06 - C O M P AN Y P R O F I L E TCL at a Glance Niche 400+ MANUFACTURING NICHE, PRECISION CASTING COMPONENTS 400+ COMMITTED EMPLOYEES * Proficient PROFICIENT WITH MANUFACTURING COMPONENTS IN STAINLESS STEEL, HIGH-ALLOY STEEL, LOW-ALLOY STEEL, ALUMINIUM & OTHER NON-FERROUS ALLOYS 100% 100% EXPORT ORI
Slide 7: Manufacturing Facility
07 - C O M P AN Y P R O F I L E Manufacturing Facility 10 acres Quality Systems Automated plant CURRENT PLANT SPREAD ACROSS A Certification from 10 ACRES PLOT TUVNORD, Germany BASED IN BHAVNAGAR, GUJARAT Well- connected THROUGH NEARBY PORTS Additional infrastructure AND BUILDING AVAILABLE FOR FUTURE
Slide 8: Manufacturing Process
08 - C O M P AN Y P R O F I L E Manufacturing Process 01 02 03 04 Wax Injection Shelling Melting Fettling & Pattern Temperature High-frequency Fettling shop equipped with: Assembly & humidity-controlled shell room with robot environmentally-friendly induction melting • Pencil hand grinders, laser &
Slide 9: Manufacturing Process (continued)
09 - C O M P AN Y P R O F I L E Manufacturing Process (continued) 05 06 07 Heat Treatment Machining Quality Control A battery of muffle, Modern CNC machine Best-in-class quality control centre with gas carburising, forced shop with 40 imported high-end machines for: air circulation tempering Japanes
Slide 10: Diversified Product Applications
10 - C O M P AN Y P R O F I L E Diversified Product Applications WIDE RANGE OF INDIRECT CASTINGS RANGING DIVERSIFICATION VIA FROM 10 GRAMS TO EXPOSURE TO MULTIPLE 100 KILOGRAMS FOR DIVISIONS, INDUSTRIES, REVENUE MIX: INDUSTRIAL (FY22) A VARIETY OF AND GEOGRAPHIES APPLICATIONS WITHIN A FEW LARGE CLIE
Slide 11: Globalising Our Offerings
11 - C O M P AN Y P R O F I L E REVENUE MIX: GEOGRAPHICAL Globalising Our Offerings (IN %) 84% 65% 66% 68% 69% REVENUE MIX: GEOGRAPHICAL (FY22) 69% EUROPE 14% 07% UNITED STATES 02% CHINA 14% 17% ASIA PACIFIC 14% 14% 9% 4% 6% 05% 5% 7% 0% 02% INDIA SOUTH AMERICA FY18 FY19 FY20 FY21 FY22 01% EUROPE UN
Slide 12: A Distinguished Clientele
12 - C O M P AN Y P R O F I L E A Distinguished Clientele PNEUMATIC PNEUMATIC ARCHITECTURAL PUMPS, VALVES & GENERAL INFRASTRUCTURE & AUTOMATION & AUTOMATION COMPONENTS TURBO PARTS ENGINEERING GENERAL AGRICULTURE ENGINEERING European Leading American Europe’s leading Leading European European major i
Slide 13: Superior Operating Metrics
13 - C O M P AN Y P R O F I L E Superior Operating Metrics THROUGHPUT REVENUE & EBITDA MARGIN AVERAGE REALISATION CAPACITY & UTILISATION (IN TONNES) (IN ₹ CRORE & %) (IN ₹ LAKH/TONNE) (IN TONNE & %) 439 446 81 CR 28% 18.1 439 80% 28% 18.7 18.6 439 26% 70% 80% 30% 90% 25% 24% 382 80% 25% 17% 58% 59%
Slide 14: Leadership
14 - C O M P AN Y P R O F I L E Leadership Mr. Bipin F. Tamboli Mr. Vaibhav B. Tamboli Mr. Anand B. Shah M E N TO R C H A I R M A N & M A N A G I N G D I R E C TO R I N D E P E N D E N T D I R E C TO R He is a mentor of the Company and a seasoned veteran in the He is the second generation promoter a
Slide 15: Strategy
02/04 F I N A N CIAL O V ER VIEW Strategy 16 THE TCL EDGE 17 S T R AT E G I C P R I O R I T I E S 18 I N V E S T M E N T R AT I O N A L E t a m b o l i c api t al .i n tcl.in
Slide 16: The TCL Edge
16 - S T R A T EG Y The TCL edge 01 02 03 04 SIGNIFICANT GLOBALISED PARTNER OF BUSINESS KNOWLEDGE CAPITAL BUSINESS OFFERINGS CHOICE VISIBILITY Two generations of industry Banking on its technology & Years of excellence in quality and Long-term business associations experience, technocratic quality,
Slide 17: Strategic Priorities
17 - S T R A T EGY Strategic Priorities 02 STRATEGIC DEBOTTLENECKING 01 03 GROWING INCREMENTAL THROUGHPUT CAPACITY ADDITION • TCL has an immediate debottlenecking plan in place to grow manufacturing capacity to 600 tonnes annually. • In September ’22, TCL has commissioned • The Company is actively p
Slide 18: Investment Rationale
18 - S T R A T EGY Investment GROWTH STRATEGY Rationale ATTRACTIVE INDUSTRY POSITIONING With a re newed long- te rm vis ion a nd TC L h a s p os ition e d its elf m a nagem ent style TC L a s a va lu able p a rtner to is ge a red to grow, via q u a lity- conscious globa l incre m ental ca pacities m
Slide 19: Financial Overview
03/04 Q U A RT ER LY S N A P S HOT Financial Overview 20 KEY PERFORMANCE I N D I C ATO R S 21 PROFIT & LOSS 22 BALANCE SHEET 23 CASH FLOW t a m b o l i c api t al .i n tcl.in
Slide 20: Key Performance Indicators
20 - F I N A N CIAL O V ERVIEW Key Performance Indicators OPERATING WORKING CAPITAL FIXED ASSET TURNS CAPITAL RETURN RATIOS 146 3.1 18% (IN DAYS) (IN TIMES) (IN %) 158 3.1 3.1 14% 141 135 146 2.6 2.6 2.6 11% 11% 114 10% 14% 6% 17% 14% 16% 18% 8% FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18
Slide 21: Profit & Loss Snapshot
21 - F I N A N CIAL O V ERVIEW Profit & Loss Snapshot (₹ IN CRORE) PA R T I C U L A R S FY18 FY19 FY20 FY21 FY22 TOTAL REVENUE 55.8 54.6 53.6 67.5 81.3 TOTAL OPERATING EXPENSES 41.2 41.0 44.8 51.3 58.6 EBITDA 14.6 13.6 7.4 15.6 21.9 EBITDA (%) 26.2 24.9 13.7 23.0 26.9 INTEREST COST 0.7 0.6 0.4 0.2 0
Slide 22: Balance Sheet Snapshot
22 - F I N A N CIAL O V ERVIEW Balance Sheet Snapshot (₹ IN CRORE) PA R T I C U L A R S FY18 FY19 FY20 FY21 FY22 SHAREHOLDERS FUND 64.0 70.1 72.8 81.8 93.8 NON-CURRENT LIABILITY 3.7 2.7 1.5 0.4 9.9 CURRENT LIABILITY TRADE PAYABLE 3.2 2.1 1.8 3.8 3.9 OTHER 4.7 8.8 17.1 10.4 18.9 TOTAL 75.6 83.6 93.1
Slide 23: Cash Flow Snapshot
23 - F I N A N CIAL O V ERVIEW Cash Flow Snapshot (₹ IN CRORE) PA R T I C U L A R S FY18 FY19 FY20 FY21 FY22 CASH FROM OPERATING ACTIVITIES 9.1 12.9 1.7 3.5 24.1 CASH FROM INVESTING ACTIVITIES (5.4) (0.9) (5.1) (4.7) (37.0) CASH FROM FINANCING ACTIVITIES (2.1) (2.1) (2.7) (1.8) 12.1 NET CASH FLOW 1.
Slide 24: Quarterly Snapshot
04/04 Quarterly Snapshot 25 O P E R AT I O N A L H I G H L I G H T S 26 PROFIT & LOSS 27 BALANCE SHEET 28 OUTLOOK t a m b o l i c api t al .i n tcl.in
Slide 25: Operational Highlights
25 - Q U A RT ER LY S N A P S HO T Operational Highlights AVERAGE REALISATION REVENUE FROM OPERATIONS (IN ₹ LAKH/TONNE) (IN CRORES) +29% YOY +4% YOY 24.4 20.6 18.1 16.0 22.0 21.2 Q2FY22 Q1FY23 Q2FY23 Q2FY22 Q1FY23 Q2FY23
Slide 26: Profit & Loss Snapshot
26 - Q U A RT ER LY S N A P S HO T Profit & Loss Snapshot (₹ IN CRORE) PA R T I C U L A R S Q2FY22 Q1FY23 Q2FY23 YOY CHANGES H1FY22 H1FY23 CHANGES (%) (%) TOTAL REVENUE 21.2 24.4 22.0 4% 37.5 46.4 24% TOTAL OPERATING 14.7 19.1 16.2 10% 26.1 35.3 35% EXPENSES EBITDA 6.5 5.3 5.8 (12%) 11.4 11.1 (3%) E
Slide 27: Balance Sheet Snapshot
27 - Q U A RT ER LY S N A P S HO T Balance Sheet Snapshot (₹ IN CRORE) PA R T I C U L A R S FY22 H1FY23 SHAREHOLDERS FUND 93.8 98.8 NON-CURRENT LIABILITY 9.9 1.3 CURRENT LIABILITY TRADE PAYABLE 3.9 3.8 OTHER 18.9 21.3 TOTAL 126.5 125.1 NON-CURRENT ASSETS 60.1 64.6 CURRENT ASSETS INVENTORIES 17.4 16.
Slide 28: Outlook
28 - Q U A RT ER LY S N A P S HO T Outlook MR VAIBHAV B. TAMBOLI FINANCIAL PERFORMANCE OPERATING ENVIORNMENT • The Company reported muted financial • With recent global geopolitical events and CHAIRMAN & performance in Q2FY23, with the topline witnessing unprecedented economic environment building u
Slide 29: Thank You
Safe Harbour Thank You 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 in all events not current