Alicon Castalloy Limited · NSE:ALICON
Alicon Castalloy — H1 FY2020 Earnings Presentation
25 slides from Alicon Castalloy's earnings presentation, Oct 17, 2019
Slide 1: Alicon Castalloy Ltd Q2 & H1 FY20 Results Presentation
Alicon Castalloy Ltd Q2 & H1 FY20 Results Presentation October 17, 2019
Slide 2: Forward-looking statements disclaimer
Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "conte
Slide 3: Concall Details, Q2 & H1 FY2020, Growth Levers, About Alicon
Concall Q2 & H1 FY2020 Details Growth Levers About Alicon & Outlook 3
Slide 4: About Alicon Castalloy
About Alicon Castalloy
Slide 5: End-to-end solutions across the entire spectrum of aluminum casting needs
Offers end-to-end solutions spanning the entire spectrum of aluminum casting needs across multiple user industries Offers - Design, Diversified Pioneer in Engineering, marquee Robust track India for Casting, Customer record of 44 processes of Operates one Leaders in the Machining and base across yea
Slide 6: Revenue CAGR, EBITDA CAGR and key company facts
` ` 17% 21% 23% 4 1,192 Revenue CAGR EBITDA CAGR PAT CAGR Manufacturing INR crore of (5 yr) (5 yr) (5 yr) Units Revenue in FY19 84 46 Presence in 1,039 customers with.. 18 674 No. of product No. of permanent innovations during FY19 countries employees Live Parts 6
Slide 7: A blend of European engineering skills, Japanese quality and Indian ingenuity
Enkei Corporation Alicon Castalloy Leading Japanese Largest Foundry in India – motor cycle and offering frugal engineering passenger car solutions wheel A blend of manufacturer European 70+ years of 50+ years of track record 230+ engineering skills, experience Years of Cumulative Japanese quality Si
Slide 8: Catering to key sectors of the Indian economy
Prototype Design Tool Design & Painting & Manufacturing Simulation Machining & Tool Sub-Assembly Manufacturing VA/VE Casting Fixture Design & Suggestions Manufacturing Manufacturing Catering to key sectors of the Indian economy Automobile Infrastructure Aerospace Medical Energy Agriculture 8
Slide 9: Strategic locations enable better speed-to-market and cost optimization
Strategic locations enable better speed-to-market and increased cost optimization 4 modern plants France (1 international) Slovakia High-end machines Austria Binola USA Pune Advanced Technology Centre Globally competent Tool Rooms (20 tools/ a month USA Marketing Franchise Full-edged Machine Shop (i
Slide 10: Diversity across markets and industries provides a natural hedge
Diversity across markets and industries provides a natural hedge TWO WHEELER OEM FOUR WHEELER OEM TIER 1 & NON AUTO Not reliant on a single ‘anchor’ customer None of the customers contribute >15% of turnover AND MANY MORE…. 10
Slide 11: Q2 & H1 FY2020 Financial Performance
Q2 & H1 FY2020 Financial Performance
Slide 12: Q2 FY20 Total Income, EBITDA, PBT, PAT
• Total Income stood at Rs. 266.9 crore, Total Income EBITDA stable when compared to the immediately preceding quarter 306.8 38.0 • On a YoY basis, Domestic Revenues 266.9 35.3 and the Export* segment de-grew by 13%. On a sequential quarter basis, both remained stable • Other income stood at Rs. 0.6
Slide 13: Q2 revenue split: auto/non-auto and domestic/exports
Non-auto 6% Exports 19% Auto Domestic 94% 81% 13
Slide 14: H1 FY20 Total Income, EBITDA, PBT, PAT
Total Income EBITDA • Total Income stood at Rs. 533.9 606.3 crore as against 606.3 crore in H1 73.3 FY19 533.9 63.2 • Domestic Revenues were lower by 9.3% YoY H1 FY19 H1 FY20 • Export* segment reported H1 FY19 H1 FY20 de-growth of 21.2% YoY EBITDA % 12.1 11.8 • Other income stood at Rs. 1.30 crore,
Slide 15: H1 revenue split: auto/non-auto and domestic/exports
Non-auto 8% Exports 20% Auto Domestic 92% 80% 15
Slide 16: Q2 and H1 FY20 income statement
Particulars (Rs. crore) Q2FY20 Q2FY19 Y-o-Y Shift H1 FY20 H1FY19 Y-o-Y Shift Net Revenue from Operations 266.21 306.28 -13% 532.60 604.68 -12% Other Income 0.65 0.54 19% 1.30 1.64 -21% Total Income 266.86 306.83 -13% 533.90 606.32 -12% Total Expenditure 231.51 268.80 -14% 470.71 533.03 -12% Raw Mate
Slide 17: Balance sheet as on September 30, 2019
As on Sept As on March As on Sept As on March Equity & Liabilities (Rs. Crore) Assets (Rs. Crore) 30, 2019 31, 2019 30, 2019 31, 2019 a) Shareholders’ Funds 313.22 308.26 a) Non-current Assets 395.47 380.73 b) Non-current Liabilities (NCL) a) Current Assets - Financial Liabilities 87.47 84.85 - Inve
Slide 18: Group CEO commentary on performance
Commenting on the performance, Mr. Rajeev Sikand, Group CEO , Alicon Castalloy said, “In the backdrop of an unprecedented slowdown in the Global & Domestic Auto Industry, we have reported lower volumes as customers have deferred production schedules. This, combined with our strategic decision to red
Slide 19: Business Growth Levers & Outlook
Business Growth Levers & Outlook
Slide 20: Solution provider at the forefront of emerging opportunities
Solution Provider At The Forefront Of Integrated Emerging Offerings Opportunities Strengthening The Manufacturing Export Platform Excellence Focus on Underpenetrated Segments 20
Slide 21: Vision G5 2021-22: Top 5 global foundries
In FY16, Alicon unveiled its vision G5 2021-22, which spells out the Company’s ambition to be among the Top 5 global foundries by FY2021-22 Non-auto Alicon’s current size as on FY18 Revenue 2,000 Cr. + Alicon’s targeted size in FY22 Revenue Auto 1,000 Cr.+ Domestic Global 21
Slide 22: Our Mission and Our Values
To become the globally preferred supplier for Light Alloy Casting Solutions Our Mission Our Values North Star philosophy - Alicon endeavors to Grow the employees, Quality, Integrity and promote Indian self-reliance in the present domains associates and suppliers Respect Ensure total customer We ar
Slide 23: Concall Details
Concall Details
Slide 24: Q2 & H1 FY20 Earnings Conference Call
Alicon Castalloy’s Q2 & H1 FY20 Earnings Conference Call Time & Date • 2:30 PM on Friday, October 18, 2019 Local dial-in numbers • +91 22 6280 1141 • +91 22 7115 8042 International Toll Free Number • Hong Kong: 800 964 448 • Singapore: 800 101 2045 • UK: 0 808 101 1573 • USA: 1 866 746 2133 2
Slide 25: Thank You
Thank You For further information, please contact: Tarunkumar Vyas Alicon Castalloy Ltd Tel: +91 74200 73369 E-mail: [email protected] Mayank Vaswani / Shikha Kshirsagar / Mit Shah CDR India Tel: +91 22 6645 1230 / 1217 Email: [email protected] [email protected] For more information