Pritika Auto Industries Ltd · NSE:PRITIKAUTO
Pritika Auto Industries — Q3 FY21 Earnings Presentation
32 slides from Pritika Auto Industries's earnings presentation, 2021
Slide 1: Result Update Presentation Q3 & 9M FY21
Pritika Auto Industries Limited Result Update Presentation Q3 & 9M FY21
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Pritika Auto Industries 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 wi
Slide 3: Executive Summary
Executive Summary Company Overview Financial Highlights ▪ Pritika Auto Industries is among leading manufacturers of machined castings in India (FY20) ▪ Incorporated in 1973, the Company manufactures components for tractors and commercial vehicles ▪ Total installed capacity of 50,000 tons per annum,
Slide 4: Company Overview
Company Overview
Slide 5: About Us
About Us Leading manufacturer of tractor components in India ▪ Incorporated in 1973 by Mr. R.S. Nibber ▪ Nearly five decades of experience in Tractor/Auto Component manufacturing Modern Manufacturing Facilities ▪ Punjab and Himachal Pradesh ▪ Total installed machined capacity 50,000 tons pa Among bi
Slide 6: Journey So Far…
Journey So Far… 2007 2012-15 2018-20 ▪ 2012- Expansion of ▪ Acquired foundry capacity of 1973-75 ▪ Started First integrated 12,000 tons pa of Amrit Duraparts Foundry & Machine capacity by 4,800 tons ▪ Started by Mr. R. S. ▪ Won 1,200 tons pa order for low HP Nibber in 1973 as 1999 Shop in Village Ba
Slide 7: Leadership Team to drive Growth...
Leadership Team to drive Growth... Raminder Singh Nibber Harpreet Singh Nibber Chairman Managing Director ▪ Aged 75 years: Mechanical Engineer started career with Escorts ▪ Aged 46 years: Mechanical Engineer worked for more than 2 Limited for 10 years years in reputed tractor manufacturing Company ▪
Slide 8: ... Backed by Professional Management
... Backed by Professional Management Mr. Narinder Kumar Tyagi Sri Ajay Kumar Rai Sri Navpreet S. Sujlana Sri Ram Lal Dhiman Deputy General Manager- Chief Financial Officer Executive Director Director - Technical Foundry Sales & Marketing ▪ Chartered Accountant with ▪ Graduate in Mechanical ▪ Gradua
Slide 9: Business Overview
PRITIKA Group of Industries Casting | Forging | Machining
Slide 10: Diverse Product Offerings
Diverse Product Offerings Rear Axle Housings 10
Slide 11: Diverse Product Offerings
Diverse Product Offerings Hydraulic Lift Covers/ Housing Differential Case Clutch & Fly Wheel Engine Covers Plate Diff. Carriers Bull Cages Housings 11
Slide 12: Diverse Product Offerings
Diverse Product Offerings Wheel Hubs Front Engine/Axle Support Crank Case, Cylinder Blocks & Cam Shafts Brake Housings, End Covers & Actuating Disc 12
Slide 13: Market Share – Major Products
Market Share – Major Products Axle Differential Housings Case 28% Market share 25% Market share Brake Housings Source : Company 20% Market share 13
Slide 14: Wide Application of Products
Wide Application of Products
Slide 15: Key Customers
PRITIKA Key Customers Group of nds smu (C3) & ISU2U Brakes India Private Limited SIGMA] C.H SWaRaJ vibracoustic J) ase new toana CD Mahindra © TAFE ¥ SWaRal ASHOK LEYLAND eISuER ne. € ESCORTS 15
Slide 16: Key Strengths
Key Strengths Over five decade old strong & established brand ▪ Among leading manufacturers of tractor components in India Reputed and established Management ▪ Dynamic Experienced Leadership ▪ Vast experience in Tractor and Auto Components leads to maintain business viability & steer business throug
Slide 17: Awards & Recognitions
Awards & Recognitions AWARDS YEAR ORGANIZATION CII – SIDBI India Engineering Trade Best Quality 2001 Fair Centre for International Trade & 2nd Best Display Award 2005 Industry at Made in Punjab Show Best Quality Performance 2010-11 Swaraj Ltd. Award For Casting Commodity 2012 Mahindra & Mahindra Bes
Slide 18: Chairman’s Message
Chairman’s Message WA i
Slide 19: Chairman’s Message
Chairman’s Message “This financial year began on a tough note, with the COVID-19 pandemic impacting our whole supply chain and entire economy in general. Suspension of operations in the first quarter adversely affected our operations. However, I am glad to share that our Company has shown tremendous
Slide 20: Consolidated Financial Highlights
Consolidated Financial Highlights
Slide 21: Key Recent Developments
Key Recent Developments Strategy – To expand capacity organically and through acquisitions, on back of strong order book, while expanding export opportunities ➢ Won additional order for axle housings worth Rs. 10 cr per annum ➢ Won repeat export order from US-based client, bringing total export orde
Slide 22: Quarterly Financial Highlights – Q3 FY21
Quarterly Financial Highlights – Q3 FY21 Production Volume (TPA) Revenue (Rs. Cr) 8,776 9,082 6,170 59.8 64.5 5,196 39.9 34.8 3,225 22.8 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 EBITDA (Rs. Cr) / Margin (%) 12 20% 10 12.7% 16% 13.2% 8 10.8% 9.9% 12% 7.6 6 7.0 8
Slide 23: Quarterly Financial Highlights
Quarterly Financial Highlights Rs. Cr Q3 FY21 Q3 FY20 Y-o-Y Q2 FY21 Total Income from operations 64.51 39.89 59.77 Other Operating revenue 0.00 0.00 0.00 Net Revenue 64.51 39.89 61.71% 59.77 Raw Materials 38.00 22.98 34.60 Employee Cost 3.96 3.12 3.68 Other Cost 15.60 8.55 13.87 Total Expenditure 57
Slide 24: Nine Months Financial Highlights
Nine Months Financial Highlights Rs. Cr 9M FY21 9M FY20 Y-o-Y Total Income from operations 147.09 133.17 Other Operating revenue 0.00 0.00 Net Revenue 147.09 133.17 10.45% Raw Materials 86.91 76.56 Employee Cost 9.35 10.27 Other Cost 36.04 28.79 Total Expenditure 132.30 115.61 EBITDA 14.78 17.55 (15
Slide 25: Balance Sheet as on 30th September 2020
Balance Sheet as on 30th September 2020 Rs. Cr As on 30th Sep ’20 As on 31st Mar ‘20 Rs. Cr As on 30th Sep ’20 As on 31st Mar ’20 Equity 120.65 120.37 Non-current Assets 123.44 118.65 Property, Plant and Equipment 98.73 82.47 Equity Share Capital 17.73 17.73 Capital work in progress 1.80 14.59 R&S 1
Slide 26: Annual Financial Highlights – FY20
Annual Financial Highlights – FY20 33,110 28,813 25,500 26,257 209.7 170.0 168.0 145.6 FY17 FY18 FY19 FY20 FY17 FY18 FY19 FY20 EBITDA (Rs. Cr) / Margin (%) PAT (Rs. Cr) / Margin (%) 40 20% 15 6.7% 8% 35 6.5% 7% 14.6% 14.4% 16% 30 12 12.2% 12.5% 14.1 6% 30.2 25 12% 11.1 5% 9 20 24.7 3.3% 4% 21.0 8% 2
Slide 27: Annual Financial Highlights – FY20
Annual Financial Highlights – FY20 Rs. Cr FY20 FY19 YoY% Total Income from operations 167.95 209.71 Other Operating Income 0.00 0.00 Net Revenue 167.95 209.71 (19.91%) Raw Materials 96.43 122.76 Employee Cost 13.89 12.72 Other Cost 36.65 44.06 Total Expenditure 146.97 179.54 EBITDA 20.98 30.17 (30.4
Slide 28: Key Ratios
Key Ratios RoE (%) RoA (%) 11.6% 10.5% 12.2% 5.8% 6.1% 3.3% 2.6% 5.1% FY17 FY18 FY19 FY20 FY17 FY18 FY19 FY20 RoCE (%) Net Debt/Equity (x) 0.93 16.1% 14.9% 13.4% 0.49 0.47 0.51 8.3% FY17 FY18 FY19 FY20 FY17 FY18 FY19 FY20 Preferential issue of 1,75,000 equity shares during Q4 FY19 28 RoA = Net Profi
Slide 29: Way Ahead
J PRITIKA sh roup of Industrie: a orging | Machining Way Ahead
Slide 30: Vision and Mission of Company
Vision and Mission of Company Vision ▪ To be First choice among Original Equipment’s Manufactures for Machined Castings ▪ To be One of the Largest Producers of Machined Castings in India Mission ▪ Installed capacity of 1,00,000 of Machined Castings by Year 2023 30
Slide 31: Way Ahead....
Way Ahead.... Geographical Diversification ▪ Expand in Geographically strategic locations of India ▪ Continue to focus on export opportunities and increase export contribution in revenues New Product Development ▪ Continued focus to keep adding new products in basket of products Export Opportunities
Slide 32: Thank You
Thank You PRITIKAUTO PAUTO IN PITI.BO For further information, please contact: Company : Investor Relations Advisors : Pritika Auto Industries Limited. Bridge Investor Relations Pvt. Ltd. Ms. Nisha Saini Mr. Amit Sharma EA to MD [email protected] [email protected] Mr. Rahul Trivedi www.pritika
Pritika Auto Industries — Q3 FY21 Earnings Presentation on 6ix