Hi-Tech Pipes Ltd. · NSE:HITECH
Hi-Tech Pipes — FY2017 Earnings Presentation
31 slides from Hi-Tech Pipes's earnings presentation, May 2017
Slide 1: Hi-Tech Pipes Limited Result Update Presentation
Hi- Tech Pipes Limited Result Update Presentation May 2017 ...Shaping Steel for Life
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by HI- Tech Pipes Limited (the “Company”) solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any co
Slide 3: Company Overview
01 Company Overview
Slide 4: Company Overview
Company Overview Incorporated in 1985 Amongst leading steel processing companies in India providing world class innovative products for nearly 3 decades Powerhouse of Engineering Excellence Presence in steel pipes, hollow sections, tubes, cold rolled coils & strips, road crash barriers, solar mo
Slide 5: Journey so far
Journey so far 1996 2005 2010 2015 Started commercial Started Installation of Started production of manufacturing Hot Dipped production of Steel tubes & Cold Rolled coils Galvanised Hollow hollow section & strips Facility sections and at State of the Solar Art Sanand Mounting (Gujarat) sections faci
Slide 6: Professional Management
Professional Management Commerce Graduate from Delhi University Industry Stalwart with more than 35 years of rich experience He has been nominated as Chairman of Federation of Indian Industries (Steel Mr. Ajay Kumar Bansal Tube Panel) representing entire steel tubes industries at various Natio
Slide 7: Business Overview
02 Business Overview
Slide 8: Business Overview
Business Overview Flat Steel • Cold Rolled sheets & strips • Galvanized Coils Engineering Tubular • Steel Tubes & Pipes Products • Hollow Sections • Metal crash Barriers •Pre Galvanized Tubes • Solar Structures •Hot dipped GI pipes 8
Slide 9: Different Products: Flat Steel
Different Products... ...Catering to wide array of applications Flat Steel CR Sheets & Strips Galvanized Coils Cold Formed Sections •Stampings •Construction •Automobile Industry •Auto & Auto Ancillaries •Agriculture •Civil Construction •Transmission Chain •Automobile •Solar Mounting Structures •Bicy
Slide 10: Different Products: Tubular
Different Products... ...Catering to wide array of applications Tubular Steel Tubes & Pipes Hollow Sections Pre Galvanized Tubes Hot Dipped GI Pipes •Water Gas & Air Pipeline •Casing •HVAC •Agriculture • Automobiles •Columns & Fence •Cladding •Plumbing •Power & Industrial Boilers • Handrails •Roofin
Slide 11: Different Products: Engineering Products
Different Products... ...Catering to wide array of applications Engineering Products Metal Crash Barriers Solar Structures •Water Gas & Air Pipeline •Ground mounted solar •Automobiles power plants •Power & Industrial Boilers •Rooftop solar •Transformers •Street lighting •Superheaters •Solar water pu
Slide 12: Key Business Strengths
Key Business Strengths • Manufacturing facilities – strategically located in key high growth markets of • Diversified, specialized North & West India products • Resulting in increased operational • Catering to wide array of efficiencies sector applications • Market leader in Crash Barrier segment •
Slide 13: State-of-Art Manufacturing facilities
State-of- Art Manufacturing facilities Two manufacturing plants in Sikandrabad, Third unit in Sanand (Gujarat) Uttar Pradesh (UP) Installed capacity of 60,000MTPA Installed capacity of ~1,80,000 MTPA, with in-house sheet galvanized manufacturing facility Commenced Hindupur, Bangalore Operatio
Slide 14: Internationally certified
Internationally certified... ... Demonstrating our commitment to highest standards of Quality 14
Slide 15: Our Esteemed Customers
HI-TECH PIPES LIMITED Our Esteemed Customers comm all ; Reliance Sou {i ) =S— ' H Industries Limited SUZLON H corersfeas BAJAJ 1 uy I 1 toi &®& ow’ £4 ! | Lance i GAR | GVK Bs Gosmnon | © g ai | . a 4 LARSEN & TOUBRO 1 1 1 | Hee adai ppm OTF ee H H ! THERMAX H | | H ! 1 ' 1 i en fe eS 2... Q H i ! W
Slide 16: Marquee Projects using Hi-tech products
Marquee Projects using Hi-tech products Grandstand Roofing Structure- Buddh International Circuit Toll Plaza- Bandra-Worli Sea Link Tensile Membrane Structures- Mumbai Airport Main Supporting Structures- Common Wealth Station Structure & Railing- Delhi Metro Structural Support Members- Foot Over Bri
Slide 17: Marquee Projects using Hi-tech products
Marquee Projects using Hi-tech products Fire Fighting Pipes- Seven Hills Hospital Mumbai Crash Barriers- Yamuna Expressway Towers- Suzlon Wind Farms Curtain Walling Structure- Mumbai New Airport Structural Glazing Structure- Delhi T3 Terminal Walkways – Mumbai Skywalks Substation Tubular Structure-
Slide 18: Financials Highlights
03 Financials Highlights
Slide 19: P&L Highlights – H2 FY17
P&L Highlights – H2 FY17 Revenue 19.9% EBITDA 8.0% Rs. 328.1 Crs Rs. 19.5 Crs 49.4% 13.5% PAT EPS in Rs. Rs. 5.7 Crs Rs. 5.55 vs Rs. 4.89 19
Slide 20: H2 FY17 Highlights
H2 FY17 Highlights Rs. in Crore H2 FY17 H2 FY16 Y-o-Y % H1 FY17 Total Income from Operations 328.1 273.7 19.9% 309.3 Raw Materials 289.2 234.9 273.5 Employee Cost 5.6 4.8 5.0 Other Cost 13.8 15.9 10.4 Total Expenditure 308.6 255.6 288.9 EBITDA 19.5 18.1 8.0% 20.4 EBIDTA margin (%) 6.0% 6.6% 6.6% Int
Slide 21: P&L Highlights – FY17
P&L Highlights – FY17 Revenue 26.5% EBITDA 24.9% Rs. 637.4 Crs Rs. 39.9 Crs 59.2% 21.1% PAT EPS in Rs. Rs. 10.3 Crs Rs. 10.04 vs Rs. 8.29* in FY16 *Reported EPS is stated on weighted average number of outstanding shares. Calculated EPS is Rs. 6.31 21
Slide 22: Annual Financial Highlights
Annual Financial Highlights Volume (in 000’s) Revenue (Rs. Cr) Capacity Utilization 637.4 300 240 503.9 458.4 180 180 384.8 172.0 153.0 106.0 110.0 2014 2015 2016 2017 2014 2015 2016 2017 EBITDA (Rs. Cr) Profit After Tax (Rs. Cr) EBITDA EBITDA Margin PAT PAT Margin 12 39.9 45 10.3 40 10 31.9 35 25.2
Slide 23: Segment Wise Break Up
Segment Wise Break Up Contribution - FY16 Contribution - FY17 Engineered Engineered Products Products 10% 8% Tubular Flat Steel Flat Steel 25% Tubular 60% 30% 67% 23
Slide 24: Annual Profitability Highlights
Annual Profitability Highlights Rs. in Crore FY17 FY16 YoY % Total Income from Operations 637.4 503.9 26.5% Raw Materials 562.7 437.7 Employee Cost 10.6 8.5 Other Cost 24.3 25.8 Total Expenditure 597.5 472.0 EBITDA 39.9 31.9 24.9% EBIDTA margin (%) 6.3% 6.3% Interest 20.5 17.0 Depreciation 6.9 5.8 O
Slide 25: Key Ratios
Key Ratios ROA (%) RoCE (%) 14.2% 14.4% 13.4% 2.9% 11.0% 2.3% 2.3% 1.2% FY14 FY15 FY16 FY17 FY14 FY15 FY16 FY17 RoE (%) 13.5% 10.5% 7.1% 9.8% FY14 FY15 FY16 FY17 25 25
Slide 26: Balance Sheet Highlights
Balance Sheet Highlights Rs. in Crore Mar-17 Mar-16 Rs. in Crore Mar-17 Mar-16 Shareholder’s Funds 76.5 66.3 Non-Current Assets 96.0 66.8 Share Capital 10.3 10.3 Fixed Assets 88.9 61.7 Money Against Warrants - - Non-Current Investments 0.0 0.0 Reserves & Surplus 66.2 56.0 Long-Term Loans & Advances
Slide 27: Way Ahead
04 Way Ahead
Slide 28: Future Growth Drivers
Future Growth Drivers FY2016-17 Recently commenced manufacturing facilities in South( Near Bangalore) • Initial Installed Capacity of 60,000 MTs • Strategic location- Market within 600 kms radius Expanding manufacturing facilities in Sanand ( Gujarat) • Expanding capacities from 60,000 MTs to 85,000
Slide 29: Government Impetus creating significant industry growth opportunity
Government Impetus creating significant industry growth opportunity Housing for all MS Black Tubes & Hollow Section for Roofing, Rails, Grills, Gate Etc. Smart Cities Large Hollow Section Pipe & Poles Used in Infrastructure Projects, Street Lighting, Sewage 24X7 Electricity Power Transmission & Dist
Slide 30: Government Impetus creating significant industry growth opportunity
Government Impetus creating significant industry growth opportunity PM Krishi Sanchar Yojna Casing Pipe and Galvanised Pipes for Boring and tube well Swachh Bharat Abhiyan Hollow Section Used in Prefab Toilets Affordable Housing Tubes And Pipes Used for Prefab home and shelters E-Rickshaw Scheme by
Slide 31: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : HI- Tech Pipes Ltd. Bridge Investor Relations Pvt. Ltd. CIN: U27202DL1985PLC019750 CIN: U74900MH2016PTC273679 Mr. Anish Bansal Ms. Savli Mangle [email protected] [email protected] Tel: 011 48440050 Mr. Rahul