Mmp Industries Ltd. · NSE:MMP
Mmp Industries — Q2 FY2025 Earnings Presentation
24 slides from Mmp Industries's earnings presentation, Nov 16, 2024
Slide 1: Filing cover letter to NSE
Saturday, 16th November, 2024 The Manager, Listing Department, National Stock Exchange of India Limited “Exchange Plaza”, C - 1, Block G, Bandra –Kurla Complex, Bandra(East), Mumbai– 400051 MH IN Sub: Investors Presentation for the Unaudited Financial Results of the Company for the Quarter (Q-2)/FY2
Slide 2: Leadership & Excellence in Aluminium - Investor Presentation November 2024
Leadership & Excellence In Aluminium INVESTOR PRESENTATION NOVEMBER 2024 1
Slide 3: Agenda
Agenda 1 About MMP Industries 2 Business/Industry Overview 3 Financial Overview 4 Investment Rationale © 2023 MMP Industries Limited, All Rights Reserved. 2
Slide 4: About MMP Industries Limited (MMPIL)
About MMP Industries Limited (MMPIL) 3
Slide 5: MMPIL At A Glance
MMPIL At A Glance Leading manufacturer of Association with Global aluminium powders, Industry leader “Toyo Pioneer in AAC Block aluminium foils and aluminium Aluminium K.K. Japan” segment conductors / cables in construction industry with an would help in moving up the value extensive range of alumin
Slide 6: Valuable Partners
Valuable Partners MMP INDUSTRIES LIMITED Promoter Holding: 74.48% | Public Holding: 25.52% MMP ELECTRICALS PRIVATE LIMITED MMPIL: 100% (Wholly Owned Subsidiary Company) Composite Insulators (new business) STAR CIRCLIPS & ENGINEERING LTD. MMPIL Holding: 26.06% | Promoter Holding: 73.94% Largest
Slide 7: Leadership Team
Leadership Team Mr. ARUN BHANDARI Mr. MAYANK BHANDARI Mrs. SAKSHI BHANDARI Managing Director Director Member of Promoter Group Mr. Arun Bhandari, aged 69 years, is a B. Mr. Mayank Bhandari, aged 40 years, is Mrs. Sakshi Bhandari, aged 38 years, is Tech in Chemical Engineering from son of Promoter Sh
Slide 8: Milestones
Milestones Technical know- Sales cooperation Setting up of the Incorporation ISO 9001 Joint venture Migrated to Received how agreement with AVL Aluminium significant of WOS- MMP with AVL certification Agreement with Main Board Electricals (Belgium) for Conductor Toyo Aluminium approvals from Belgium
Slide 9: Manufacturing Units
Manufacturing Units 4 manufacturing facilities located near Nagpur, Capacity (MTPA) Maharashtra Division Installed FY24 Upcoming FY25 Total Powders Unit I – Maregaon, Dist. Bhandara (aluminum powders and aluminum conductors / cables) Atomised 12,000 -- 12,000 Pyro & Flakes 12,500 4,300# 16,800 Unit
Slide 10: Product Portfolio
Product Portfolio ALUMINIUM ALUMINIUM POWDERS ALUMINIUM FOILS CONDUCTORS/CABLES CAPACITY : 26,600 MTPA CAPACITY : 12,000 MTPA CAPACITY : 7,200 MTPA Revenue Share: 67%* Revenue Share: 18.45%* Revenue Share: 13.57%* End Grade wise User Revenue Share OTHERS Explosives/Mining 34% HOME FOILS/CONTAINERS R
Slide 11: Marquee Customers - Powders
Marquee Customers - Powders Sumitomo Chemical © 2023 MMP Industries Limited, All Rights Reserved. 10
Slide 12: Marquee Customers - (Foils)
Marquee Customers - (Foils) © 2023 MMP Industries Limited, All Rights Reserved. 11
Slide 13: Business & Industry Overview
Business & Industry Overview 12
Slide 14: Aluminium Powders
Aluminium Powders Alumnium Powders Segment End User Industry Set up its first capacity in 1983 for aluminium powders EXPLOSIVE INDUSTRY in technical collaboration with a Belgium company Ets. It is a sensitizer in the production of explosives and Andre Van Lerberghe (now called AVL Metal Powders) pro
Slide 15: Aluminium Foils
Aluminium Foils Alumnium Foils Segment End User Industry Integrated foil project for making bare foil, PHARMACEUTICALS converted foil (coated, laminated, printed) Plain and printed blister & strip packaging in the pharma industry Building designed to enable doubling of capacities of all sections wit
Slide 16: Aluminium Conductors / Cables
Aluminium Conductors / Cables MMPIL offers transmission and distribution conductors that are used for overhead transmission of power Considering growing demand Company has set-up a forward integration capacity of Aerial Bunch Cables TOTAL INSTALLED CAPACITY 7200 MTPA © 2023 MMP Industries Limited, A
Slide 17: Financial Overview
Financial Overview 16
Slide 18: Quarterly Financial Snapshot
Quarterly Financial Snapshot Revenue (₹Mn.) EBITDA (₹Mn.) PAT (₹Mn.) 1,454 1,268 119 81 47 58 Q2FY24 Q2FY25 Q2FY24 Q2FY25 Q2FY24 Q2FY25 Total Revenue at ₹1454 mn compared to ₹1268 mn in Q2FY24, an increase of 15% EBITDA stood at ₹119 mn compared to ₹81 mn during Q2FY24, an increase of 46% EBIT
Slide 19: Quarterly Segmental Performance Revenue Highlights
Quarterly Segmental Performance Revenue Highlights Aluminium Powders (₹Mn.) Aluminium Foils (₹Mn.) ALUMINIUM Conductors(₹mn.) 870 908 276 354 109 180 Q2FY24 Q2FY25 Q2FY24 Q2FY25 Q2FY24 Q2FY25 Aluminium powders revenue at ₹908 mn for Q2FY25 compared to ₹870 mn for Q2FY24, an increase of 4% Alumin
Slide 20: Consolidated Income Statement
Consolidated Income Statement Particulars (₹ Mn) Q2FY25 Q1FY25 Q2FY25 H1FY25 H1FY24 Total Income 1454 1556 1268 3010 2784 Total Expenses 1335 1381 1187 2716 2586 EBITDA 119 175 81 294 198 EBITDA Margin (%) 8.2% 11.3% 6.4% 9.8% 7.1% Finance Cost (Net) 25 21 16 47 28 Depreciation 24 22 19 46 37 PBT 70
Slide 21: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (₹Mn) FY24 FY23 Particulars (₹Mn) FY24 FY23 ASSETS EQUITY AND LIABILITIES Non-Current Assets Shareholder's funds Property, Plants and Equipments 1,825 1,595 Share Capital 254 254 Intangible Assets 1 4 Reserves and Surplus 2,636 2,317 Capital Works in Progress 2
Slide 22: Investment Rationale
Investment Rationale 21
Slide 23: Investment Rationale
Investment Rationale Phase I and II expansions generating full revenue from Q2FY25, combined with the Phase III addition of 2500 MTPA by Q4FY25, funded largely by internal accruals, will enhance market position, optimised special export quality capacity and enable huge economies of scale. A strategi
Slide 24: Thank you
Thank you For further information, contact: Sharad Khandelwal CFO, MMP Industries Ltd E: [email protected] 23