Paramount Communications Limited · NSE:PARACABLES
Paramount Communications — Q1 FY2024 Earnings Presentation
29 slides from Paramount Communications's earnings presentation, August 2023
Slide 1: Paramount Communications Limited Investor Presentation
PARAMOUNT COMMUNICATIONS LIMITED WIRING THE WORLD WITH THE BEST INVESTOR PRESENTATION August, 2023
Slide 2: Safe Harbor
SAFE HARBOR Certain statements in this document may be forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local political or economic developments, technological risks, and many other factors that could cause our actual
Slide 3: Paramount at a Glance
PARAMOUNT AT A GLANCE Paramount, a global company with over six decades of expertise in the wires and cables industry, serves prestigious public and private sector clients. The Company’s brand “Paramount Cables” is highly regarded for its quality and reliability. 1st 10,000+ 2 2,500+ Manufacturer in
Slide 4: Glimpse of Our Product Portfolio
GLIMPSE OF OUR PRODUCT PORTFOLIO Our Diverse Products Serving Across Multiple Industries POWER CABLES Power LT Aerial HT Aerial LT Power HT Power Bunch Cables Bunch Cables TELECOM CABLES Domestic Wires Telecom Optic Fibre Jelly Filled FTTH Jumpers SPECIAL CABLES Railways Thermocouple Solar Cables Ra
Slide 5: Organization Structure
ORGANIZATION STRUCTURE INDEPENDENT DIRECTOR INDEPENDENT DIRECTOR INDEPENDENT DIRECTOR INDEPENDENT DIRECTOR Vijay Maheshwari Vijay Bhushan Malini Gupta Praveena Kala CHAIRMAN & CEO Sanjay Aggarwal MANAGING DIRECTOR Sandeep Aggarwal PRESIDENT OPS GENERAL MANAGER OPS CHIEF FINANCIAL OFFICER HEAD OF BD
Slide 6: Our Team
OUR TEAM Manmeet Singh Anand (Business Development Head) Sanjay Aggarwal Mr. Singh has over 4 decades of experience in the Business (Chairman and CEO) Development and Marketing of Wires and Cables. He has full knowledge of Indian and International Cable Market, Sanjay is Chairman & CEO of the Compan
Slide 7: Evolving Business Model
EVOLVING BUSINESS MODEL Became a household name with the launch Started manufacturing Fire Survival cables. of the 1st Lead Free Wires for domestic Most technologically advanced FS cable. wiring in India Approved by BASEC & LPCB Diversified into the production of 11 & 2008 2012 33 KV, medium voltage
Slide 8: Our Value Chain
OUR VALUE CHAIN Ability to scale quickly on back of manufacturing capability and capacity to deliver high quality products. INPUTS PROCESSES OUTPUT SERVING CONTRACTS WITH B2B MARQUEE CLIENTS LIKE….. Wide Spread Distribution Network 10,000+ retail touch points, Raw Material Procurement Manufacturing
Slide 9: Key Management Initiative
KEY MANAGEMENT INITIATIVE Enhance Brand Awareness Expansion of Tap newer Distribution markets and Network increase SKU’s Focus on Governance & Profitable Performance Growth based culture 9
Slide 10: Export Contribution
EXPORT CONTRIBUTION Exports 50% 4.3% FY23 FY20 Number of Dealers in USA Tripled since last 1.5 years Focused on replicating similar success story as USA on back of superior product quality in other geographies. DELHI (INDIA) USA: Growth Head Office Largest Export Market Opportunities 10 "Map not dra
Slide 11: Manufacturing Facility
MANUFACTURING FACILITY Khushkhera Plant — Rajastan (India) BParamount
Slide 12: Marquee Clients Awards & Recognition
MARQUEE CLIENTS AWARDS & RECOGNITION and many more…… 12
Slide 13: Turnaround Story
TURNAROUND STORY Profit generation on back of quality products and loyal clientele. Retained Earnings Positive 2018- 2023 2022 Last installment ARC Debt: repayable in November US$24.23 Million repayable 2024 . Over 8 years. 2017 Promoters have 2025 infused ~102 Crs between 2017-23 Start of Turnaroun
Slide 14: Growth Strategy
GROWTH STRATEGY Capacity Utilization Leveraging unused resources to increase productivity and output for higher margins. B2B Business growth Distribution Channel Developing and expanding Exploring, enhancing and relationships with other utilizing new sales channels to businesses to increase B2B reac
Slide 15: Industry Overview
INDUSTRY OVERVIEW Growth Drivers Industry Growth O rgan i zed Mar ket Sh are I n I n d i an C&W I n d u st r y Branded Unbranded 20% 30% 80% 70% FY22 FY27 EXPECTED Growth is led by initiatives such as rural electrification, smart cities, awareness for safety standards, digitalization, distribution r
Slide 16: Annual Financials
ANNUAL FINANCIALS
Slide 17: Key Financial Highlights
KEY FINANCIAL HIGHLIGHTS Revenue from Operations grew at CAGR of 16.77% between FY17 01 and FY23, despite the lack of working capital support from banks. Turned negative EBITDA margins to 4.13% in FY22 02 and 7.90% in FY23. Revenue from Operations in 03 FY23 grew by 37.10% YoY. Improving Asset Turno
Slide 18: Financial Metrics: Revenue Mix Analysis
FINANCIAL METRICS: REVENUE MIX ANALYSIS FY21 FY22 FY23 EPC EPC EPC Others, Others, Projects, Projects, Projects, 1% Others, 1% 2% 5% 6% 3% Power Cables, 24% Exports, 7% Power Domestic Power Cables, 43% Wires, 8% Cables, 44% Exports, 22% Telecom Railway Cables, Cables, 8% 14% Domestic Exports, Wires,
Slide 19: Financial Metrics
FINANCIAL METRICS Revenue From Operations (Rs In Mn.) Profits (Rs In Mn.) ₹ 7,964.67 ₹ 642.03 ₹ 5,809.36 ₹ 477.68 ₹ 5,190.83 EBITDA ₹ 241.58 ₹ 192.18 PAT ₹ 82.05 ₹ 31.00 FY21 FY22 FY23 FY21 FY22 FY23 Profitability Margins Revenue Distribution 7.90% 81% 69% 4.13% 5.88% 69% 3.68% 31% 31% 1.40% 19% 0.5
Slide 20: Financial Metrics
FINANCIAL METRICS Consistently reducing debt and improving return ratios. Balance Sheet Ratios Diluted EPS 1.20 18.00% 16.19% 16.00% 2.40 1.00 1.05 14.00% 0.80 12.00% Debt to Equity 0.93 Margins % 10.00% 0.60 9.43% 8.00% 0.40 0.54 6.00% 4.07% 1.96% 4.00% 0.42 0.20 2.93% 2.00% 0.17 1.61% 0.00 0.00% F
Slide 21: Financial Statements
FINANCIAL STATEMENTS CONSOLIDATED INCOME STATEMENT: Particulars (Rs. Mn) FY21 FY22 FY23 Notes for Consolidated Income Statement: Revenue from Operations 5,190.83 5,809.36 7,964.67 ❑ Revenue from operations for FY23 grew by 37.10% Other Income 26.85 37.43 162.53 on the back of increase in operational
Slide 22: Financial Statements
FINANCIAL STATEMENTS CONSOLIDATED BALANCE SHEET: Particulars (Rs. Mn) As at 31.03.2022 As at 31.03.2023 Particulars (Rs. Mn) As at 31.03.2022 As at 31.03.2023 Assets Equity & Liabilities Non-current assets Equity Property, plant and Equity share capital 388.37 388.37 957.71 976.39 equipment Other eq
Slide 23: Cash Flow Statement
CASH FLOW STATEMENT Cash Flow Statement (Rs. Mn) FY21 FY22 FY23 A. CASH FLOWS FROM OPERATING ACTIVITIES: 143.34 146.44 110.96 B. CASH FLOWS FROM INVESTING ACTIVITIES: (32.65) (10.71) (163.44) C. CASH FLOWS FROM FINANCING ACTIVITIES: (53.29) (194.52) 218.35 Cash and Cash Equivalents increased by Rs.
Slide 24: Quarterly Financials Q1 FY24
QUARTERLY FINANCIALS Q1 FY24
Slide 25: Financial Metrics
FINANCIAL METRICS Revenue From Operations (Rs In Mn.) Revenue Mix EPC Projects Others 1% Q1 FY24 4% ₹ 2,020.78 ₹ 2,105.44 Power Cables Exports ₹ 1,637.26 34% 40% Railway Cables 7% Domestic Wires Telecom Cables Q1 FY23 Q4 FY23 Q1 FY24 7% 7% Profits (Rs In Mn.) Profitability Margins ₹ 178.47 ₹ 185.11
Slide 26: Quarterly Financial Statements
QUARTERLY FINANCIAL STATEMENTS CONSOLIDATED INCOME STATEMENT: Particulars (Rs. Mn) Q1 FY24 Q1 FY23 YoY% Q4 FY23 Notes for Consolidated Financial Performance – Q1 FY24 v/s Q1 FY23 Revenue from Operations 2,105.44 1,637.26 28.60% 2,020.78 Other Income 17.27 26.42 65.95 ❑ Revenue from operations increa
Slide 27: Chairman's Note
CHAIRMAN’S NOTE “As we embark on another year of growth and progress at Paramount Communications Limited, I am pleased to reflect on our accomplishments and look ahead to the exciting opportunities that lie before us. Revenue from Operations stood at Rs 2,105.44 Mn showcasing an increase of 28.60% Y
Slide 28: Capital Market Information
CAPITAL MARKET INFORMATION Close Price Incorporated 1955 60 49.35 Listed on BSE & NSE 50 40 BSE Scrip Code / NSE Symbol 530555 / PARACABLES 30 Issued Shares 23,41,59,890 20 Share Price (As at 10th August, 2023) 49.35 10 Market Capital (Rs. Million) 11,555.79 0 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-
Slide 29: Thank You
Thank Contact Numbers: +91-1145618800/8900 Email Address: You [email protected] INVESTOR RELATIONS ADVISOR Captive IR Strategic Advisors Pvt. Ltd. Email: [email protected] [email protected] [email protected] Contact: +91 9372467194
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