Praj Industries Limited · NSE:PRAJIND
Praj Industries — Q3 FY22 Earnings Presentation
23 slides from Praj Industries's earnings presentation, Feb 9, 2022
Slide 1: Exchange filing cover letter for results presentation
DATE: 9th February, 2022 REF. : PIL/DVN/L169/2021-22 Security Code No.: 522205 Company Code- PRAJIND BSE LIMITED NATIONAL STOCK EXCHANGE OF INDIA LTD. PHIROZE JEEJEEBHOY TOWERS, EXCHANGE PLAZA, 5TH FLOOR, 25TH FLOOR, DALAL STREET, PLOT NO. C/1, G BLOCK, MUMBAI - 400 001 BANDRA-KURLA COMPLEX, Fax: 02
Slide 2: Earnings Presentation – 9M/Q3-FY22
Earnings Presentation – 9M/Q3-FY22
Slide 3: Company at a Glance
Company at a Glance 2021 38 Glorious Years Presence across 1200+ 90+ research 4 manufacturing 100+ countries employees scientists facilities 300+ 40%+ business from ~10% 1000++ 400 + patents repeat customers Global ethanol production References/plants overseas references market share* worldwide 3-Ye
Slide 4: Company Overview
Company Overview Operational Revenue (INR Mn) • Incorporated in 1983 under the visionary leadership of technocrat 16,000 15,043 Dr. Pramod Chaudhuri. 14,000 13,047 11,411 11,024 • Praj Industries Ltd. (Praj) has grown to become one of the most reputed 12,000 9,235 9.13% 8.49% and technologically adv
Slide 5: Business Segments
Business Segments High Purity Solutions Water Systems Modular Process Systems Value Added Services Bio Energy 1G & 2G Ethanol plants Compresses Bio-Gas Future Fuel: SAF, Marine Biofuel etc. Engineering Businesses Critical process equipment & Skids Brewery and beverages Zero Liquid discharge R&D Cust
Slide 6: Global presence: 1000++ references in 100+ countries
1000++ References in 100+ countries across all 5 continents.. And Still counting Europe Asia Americas India Africa Praj Industries Limited 5
Slide 7: 9M/Q3-FY22 Financial Overview
9M/Q3-FY22 Financial Overview
Slide 8: 9M/Q3-FY22 Financial Highlights
9M/Q3-FY22 Financial Highlights Q3-FY22 Performance (Standalone) Q3-FY22 Performance (Consolidated) INR 5,176 Mn INR 475 Mn 9.18% INR 5,856 Mn INR 510 Mn 8.71% Operating Income Operating EBITDA Operating EBITDA Operating Income Operating EBITDA Operating EBITDA Margins Margins INR 641 Mn* 12.38% INR
Slide 9: Quarterly Financial Performance Trend (Consolidated)
Quarterly Financial Performance Trend (Consolidated) Revenues (INR Mn) EBITDA (INR Mn) PAT (INR Mn) 7000 1.2 600 800 749 1.2 520 5,671 5,856 6000 5,324 1 700 1 500 5000 600 0.8 510 400 371 3,863 500 462 0.8 333 4000 3,478 398 282 0.6 300 400 0.6 3000 307 222 300 0.4 0.4 200 2000 200 0.2 0.2 100 1000
Slide 10: Segmental Revenue (Consolidated)
Segmental Revenue (Consolidated) Bio Energy (INR Mn) Engineering (INR Mn) HiPurity (INR Mn) 4,485 873 499 R E 596 2,453 V 429 E N U E Q3-FY21 Q3-FY22 Q3-FY21 Q3-FY22 Q3-FY21 Q3-FY22 11,166 1,454 R 2,423 1,162 E V 4,883 1,331 E N U E 9M-FY21 9M-FY22 9M-FY21 9M-FY22 9M-FY21 9M-FY22 Praj Industries Lim
Slide 11: Order Book & Order Backlog
Order Book & Order Backlog Order book (At the end of each quarter, Values in INR Mn) Q3 Segmental Order book - INR 9,560 Mn Q3 Geographical Order book 12000 1.2 10000 9,560 1 8000 7,450 0.8 6,500 6,610 6,050 Export, 20% 6000 5,390 0.6 Engineering, 4,050 30% 4000 3,270 3,100 0.4 2,220 Bioenergy, 1,68
Slide 12: Q3-FY22 Operational Highlights
Q3-FY22 Operational Highlights • All business verticals witnessed strong growth in order book and sales. • Decline in EBITDA margins on a YOY basis is primarily on account of rising input costs, while cost control measures have aided in marginal improvement in EBITDA margins on a QoQ basis. • India
Slide 13: Business Developments
Business Developments Praj launched BIOSYRUP®, a sustainable feedstock for year-round Ethanol production • The patented technology to process cane juice into conditioned BIOSYRUP® that has storability of up to 12 months. • This facilitates sugar mills to produce ethanol beyond sugar season thus help
Slide 14: Quarterly Financial Performance - Consolidated
Quarterly Financial Performance - Consolidated Particulars (INR Mn) Q3-FY22 Q3-FY21 Y-o-Y Q2-FY22 Q-o-Q Operational Income 5,856 3,478 68.4% 5,324 10.0% Total Expenses 5,346 3,080 73.6% 4,862 9.9% EBITDA 510 398 28.1% 462 10.4% EBITDA Margins (%) 8.71% 11.44% (273) Bps 8.68% 3 Bps Other Income 50 54
Slide 15: YTD Financial Performance - Consolidated
YTD Financial Performance - Consolidated Particulars (INR Mn) 9M-FY22 9M-FY21 Y-o-Y Operational Income 15,043 7,376 103.9% Total Expenses 13,766 6,935 98.5% EBITDA 1,277 441 189.6% EBITDA Margins (%) 8.49% 5.98% 251 Bps Other Income 167 148 12.8% Depreciation 159 168 (5.4)% Interest 17 22 (22.7)% PB
Slide 16: Historical Financial Overview
Historical Financial Overview
Slide 17: Historical Standalone Financial Performance
Historical Standalone Financial Performance Particulars (INR Mn) FY19 FY20 FY21 9M-FY22 Operational Income 9,233 9,419 10,885 13,140 Total Expenses 8,436 8,632 9,871 11,996 EBITDA 797 787 1,014 1,144 EBITDA Margins (%) 8.63% 8.35% 9.32% 8.71% Other Income 219 299 167 148 Depreciation 200 188 191 140
Slide 18: Historical Standalone Balance sheet
Historical Standalone Balance sheet Particulars (INR Mn) FY20 FY21 H1-FY22 Particulars (INR Mn) FY20 FY21 H1-FY22 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 1,962 1,865 1,802 Share Capital 366 366 367 Capital Work in progress 21 6 12 Investment Property 137 1
Slide 19: Historical Consolidated Financial Performance
Historical Consolidated Financial Performance Particulars (INR Mn) FY19 FY20 FY21 9M-FY22 Operational Income 11,411 11,024 13,047 15,043 Total Expenses 10,527 10,205 11,856 13,766 EBITDA 884 819 1,191 1,277 EBITDA Margins (%) 7.75% 7.43% 9.13% 8.49% Other Income 233 261 190 167 Depreciation 230 218
Slide 20: Historical Consolidated Balance sheet
Historical Consolidated Balance sheet Particulars (INR Mn) FY20 FY21 H1-FY22 Particulars (INR Mn) FY20 FY21 H1-FY22 ASSETS EQUITY AND LIABILITIES Non-Current Assets Equity Property, Plant & Equipment 2,167 2,064 1,992 Capital Work in progress 21 6 12 Share Capital 366 366 367 Investment Property 137
Slide 21: Consolidated Historical Financial Trend
Consolidated Historical Financial Trend Revenue (INR Mn) OPERATING EBITDA (INR Mn) PAT (INR Mn) 16,000 15,043 1.2 1,400 1,277 1,000 926 1,191 14,000 13,047 1,200 900 811 1 11,411 800 12,000 11,024 704 1,000 884 9.13% 700 682 9,235 0.8 819 8.49% 10,000 600 6.16% 800 8,000 0.6 610 500 6.21% 7.75% 395
Slide 22: Capital Market Data
Capital Market Data 1-Year Stock Performance up to 31st December 2021 260% 220% 180% 140% 100% 60% 20% -20% Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Praj Sensex Shareholding Pattern (As on 31st December 2021) Dividend Pay out ratio (%) st PRICE DATA (As on
Slide 23: Disclaimer
Disclaimer Praj Industries Limited 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