Pitti Engineering Ltd. · NSE:PITTIENG
Pitti Engineering — Q1 FY2023 Earnings Presentation
16 slides from Pitti Engineering's earnings presentation, 2022
Slide 1: Investor Presentation Q1 FY23
.0 PITTI Pitti Engineering Limited INVESTOR PRESENTATION Q1 - FY 23
Slide 2: Disclaimer
Disclaimer PITTI .0 This presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairn
Slide 3: Quarterly highlights
.0 PITTI Quarterly highlights Highest ever quarterly revenue of ₹ 311.06 Crores in Q1FY23 - up by 76.90% on YoY basis PAT ₹ 11.71 Crores - up by 59.10% on YoY basis Commenced commercial supplies to Automotive industry PITTI ENGENEERING LIMITED 3
Slide 4: Key performance indicators
.0 Key performance indicators PITTI (₹ in Cr) Particulars Revenue EBITDA PAT .·" -i-, %" I Q1FY23 Q1FY22 311.06 175.84 35.45 27.95 11.71 7.36 "· a a ·", Year-on-Year 76.90% 26.83% 59.10% a a»a • .·•, ·· ·.° Q1FY21* 62.09 2.08 (9.78) • • •• • • • • • • * During Q1FY21, the Company’s operations were a
Slide 5: Key performance indicators
Key performance indicators .0 PITTI Revenue EBITDA PAT Cash Generation EPS (₹ in Cr) (₹ in Cr) (₹ in Cr) (₹ in Cr) (₹) ■ FY21 ■ FY22 ■ FY23 ■ FY21 ■ FY22 ■ FY23 ■ FY21 ■ FY22 ■ FY23 ■ FY21 ■ FY22 ■ FY23 ■ FY21 ■ FY22 ■ FY23 35.45 3.65 11.71 21.99 311.06 2.29 27.95 7.36 16.19 175.84 62.09 I 2.08 (3.0
Slide 6: Performance snapshot
Performance snapshot .0 PITTI (₹ in Cr) Particulars Q1 FY23 Q1 FY22 YoY change Q1 FY 21* Revenue from operations 310.54 175.38 77.07% 61.55 Other income 0.52 0.46 13.04% 0.53 Total Income 311.06 175.84 76.90% 62.08 Raw material consumed 231.39 115.09 101.50% 40.93 Employee costs 21.39 17.96 19.10% 9
Slide 7: Performance snapshot
Performance snapshot .0 PITTI (₹ in Cr) Particulars Q1 FY23 Q1 FY22 YoY change Q1 FY 21* EBITDA 35.45 27.95 26.83% 2.09 Other income 0.52 0.46 13.04% 0.53 Finance costs 10.70 9.25 15.68% 6.51 Depreciation and amortisation 10.28 8.98 14.48% 6.90 Tax expenses 3.28 2.82 16.31% (1.01) PAT 11.71 7.36 59.
Slide 8: Operational highlights
Operational highlights PITTI .0 Annual Capacity as at the quarter end Q1 FY 23 Q1 FY 22 YoY Change Q1 FY 21* Sheet Metal – MTs 50,200 39,600 26.76% 36,000 Machining - Hours 4,03,200 3,62,800 11.13% 2,47,600 Capacity utilisation for the quarter Sheet Metal 73.62% 61.13% 26.70% Machining 79.10% 90.71%
Slide 9: End-user application revenue breakup
End- End-user application revenue breakup .0 PITTI Q1 - FY 23 Q1 - FY 22 ■ Appliances & ■ Automotive ■ Appliances & Automotive Consumer 0.14% Consumer 0.0% 0.5% 1.3% Mining, Oil & Ga5 Mining, Oil & Ga° 7.3% 7.0% Power Generation 12.8% Power Generation 14.7% PITTI ENGENEERING LIMITED 9
Slide 10: End-user application revenue breakup
End- End-user application revenue breakup PITTI .0 (₹ in Cr) Q1 FY 23 Q1 FY 22 % of % of Applications Revenue Revenue Revenue Revenue Appliances & Consumer Durables 1.44 0.46% 2.37 1.35% Automotive 1.26 0.41% - - Data Centre Backup Power System 5.55 1.78% 2.02 1.15% Industrial & Commercial Motors 46
Slide 11: Corporate overview
.0 PITTI Corporate overview PITTI ENGENEERING LIMITED 11
Slide 12: Delivering engineering excellence
Delivering PITTI .0 engineering excellence One of the One of the As one of the leading engineering companies, we are focused on Manufacturers and exporters of of assemblies for large electrical laminations in India alternators and motors in India manufacturing value- added and assembled components t
Slide 13: Focused on the long-term
Focused on the long- long-term PITTI .0 Financial Operational Sustainable 20.51% 3 Vertically integrated *5-year CAGR Revenue State-of-the-art manufacturing plants Manufacturing process 19.43% 11 Diverse *5-year CAGR EBITDA Countries of export presence Product portfolio catering to several downstrea
Slide 14: Industries we serve
.0 Industries we serve PITTI s {AS c. t etot E .... --i n «fee Appliances Cement Construction Data Centres DG sets Electrical vehicle motor Freight rail m s w f Hydro generations Lift irrigations Medical equipment Minning Mass urban transport Other industries Oxygen plants vow4 «I Pumps Passenger ra
Slide 15: Serving leading brands
Serving leading brands PITTI .0 IA I RAP ANRTL @@ sharat Bilee CATERPILLAR Smart solutions Strong relationships € 1§ (fi)L&T ,Mf-MHPS Marathon MEDHA MOOG $ MrsuBISHI ra ii~Cf~ Changes for the Better SIEMENS lngeteam SIEMENS Gamesa TMEiC We drive industry VOITH PITTI ENGENEERING LIMITED 15
Slide 16: Contact us
Contact us PITTI .0 For further information visit www.pitti.in PITTI ENGINEERING LIMITED Mr. CS Rama Naidu (Formerly Pitti Laminations Limited) Intellect PR 6-3-648/401, 4th Floor, Padmaja Landmark, Mobile: +91 99202 09623 Somajiguda Hyderabad 500082. Telangana , India. Email: [email protected] T