Ok Play India Ltd. · BSE:OKPLA
Ok Play India — H1 FY2024 Earnings Presentation
30 slides from Ok Play India's earnings presentation, November 2023
Slide 1: OK Play India Ltd. Investor Presentation Q2 & H1FY24
OK Play India Ltd. Investor Presentation Q2 & H1FY24 November 2023
Slide 2: Safe Harbour
Safe Harbour This Presentation and the accompanying slides (the “Presentation”), which have been prepared by OK Play India Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securi
Slide 3: Table of Contents
Table of Contents Company Overview Business Overview Industry Overview Financial Highlights Annexures
Slide 4: Company Overview
Company Overview
Slide 5: Company at a Glance
Company at a Glance Diversified Business Model Highly Experienced Leadership Strong Retail & Distribution Network Mix of Toys (Plastic Moulded Products), More than 3 decades of providing Available in 150+ stores in India Automotive Components and E- high quality products to customers and abroad; glo
Slide 6: Journey So Far
Journey So Far 1988 1989 1992 1993 1994 2004 2015 2020 Started manufacturing Ventured into water tanks Automotive space Renamed to OK Play India Incorporated Entered into EV the company Segment under the name Listed on BSE “Aquapure through IPO Container Pvt. Entered into Ltd.” Preventive Diversifie
Slide 7: Our Businesses
Our Businesses OK Play India Limited Toys Automotive Components Electric Vehicles (Plastic Moulded Products) (3-wheelers) Toys, School Furniture, Outdoor Play Toys, School Furniture, Outdoor Play Equipment, and Point Of Purchase Equipment, and Point Of Purchase Toys, School Furniture, Outdoor Play P
Slide 8: Fully Integrated State-of-the-art Manufacturing Facilities
Fully Integrated State-of-the-art Manufacturing Facilities OK Play India Limite Sohna, Haryana Ranipet, Tamil nadu Built up area- 1,20,000 sq.ft Builtup area- 40,000 sq.ft • Roto Molding: 8 Machines ranging from 1.5m to 4.3m • Roto Molding: 4 Machines ranging from 2.2m to 4.3m • Blow Molding: Machin
Slide 9: Seasoned Board of Directors
Seasoned Board of Directors Executive Directors Independent Directors Mr. Rajan Handa, Managing Director Mr. Shalabh Jasoria, Independent Director • Engineering Graduate from Punjab University • Chartered Accountant having over 30 years of experience in the field of • Promoter of the OK Play Group,
Slide 10: Business Overview
Business Overview
Slide 11: Toys Business
Toys Business • Toy portfolio includes School furniture and toys Toys Business Revenue • OK Play is an acquired brand of OK Play UK, London + 154% 43 • Selling products under its own brand name – OK Play • OK Play uses Roto Moulding, Blow Moulding, and Injection Moulding 17 techniques for the their
Slide 12: Automotive Components Business
Automotive Components Business Automotive Components Revenue • Company‟s auto-component segment manufactures plastic fuel 137 tanks, urea tanks and water tanks for commercial vehicles, tractor + 69% and construction equipment industries 81 • The company also manufactures plastic bus seats, fenders,
Slide 13: Electric Vehicles Business
Electric Vehicles Business OK Play India Limite • Portfolio of over 12 different variants of electric three wheelers across L3 and L5 space • Currently, company is manufacturing 80-85 units per month • OK Play ties up with Battery manufacturers • Company is well-positioned to take advantage of the E
Slide 14: Key Strengths
Key Strengths Quality Value For Money We Use Only The Best Quality Raw Materials, Ok Play Products Prioritize Safety, Quality, And Including 100% Virgin, Non-toxic, Fire Innovation, Ensuring The Happiness And Retardant, And Uv-stabilized Materials To Satisfaction Of Children. Ensure That Our Product
Slide 15: Marquee Clients
Marquee Clients Toy Segment Auto Components Segment Electric Vehicles Segment
Slide 16: Industry Overview
Industry Overview
Slide 17: Toys Industry
Toys Industry Indian Toys Industry Value (Rs. Crores) Exports & Imports of Toys, Games and Sports Requisites (Rs. Crores) 4,519 24,000 4,164 Exports Imports 3,393 2,924 12,000 2022 2028 FY19 FY23 Source: Indian Toys Market Report – imarc group Source: Department of Commerce – Export Import Databank
Slide 18: Automotive Industry
Automotive Industry Indian Automotive Industry Value (US$ Billion) Commercial Vehicles Production in India (in Lacs) 160 11.1 10.4 7.6 8.1 100 6.2 2021 2027 FY19 FY20 FY21 FY22 FY23 Source: Mordor Intelligence Report Source: Society of Indian Automotive Manufacturers (SIAM) Industry Growth Drivers E
Slide 19: Electric 3-Wheeler Industry
Electric 3-Wheeler Industry L3S a l es L5 S a les 250 12 10 200 „ 00 0 s u n it „ 00 0 s u nit 8 150 6 C a r go 1 00 C a r go 4 50 P a sse n g e r 2 P a sse n g e r 0 0 2016 2017 2018 2019 2020 2021 2022 2016 2017 2018 2019 2020 2021 2022 • 1st Wave of EV Adoption in 3W is led by E-rickshaws • 2nd W
Slide 20: 3-Wheeler EV Category Wise Share
3-Wheeler EV Category Wise Share 3-Wheeler EV Sales 1,54,041 4.42% 0.04% 7.52% 85.86% 2.16% 13,581 4,205 7,898 E-Rickshaw with Cart E3W (Passenger) E-Rickshaw (Passenger) E3W (Goods) Electric L3M Electric L5M Electric L3N Electric L5N E3W (Personal) • 3-Wheeler Passenger Share – 85% • 3-Wheeler Carg
Slide 21: Financial Highlights
Financial Highlights
Slide 22: Key Financial Highlights – Q2 & H1FY24
Key Financial Highlights – Q2 & H1FY24 Revenue EBITDA & EBITDA Margin (%) PAT & PAT Margin (%) 10.00% 30.00 25.00% 9.00 8.00% 25.00 19.92% 7.00 20.00% 6.00% 17.77% 17.06% 5.00 4.00% 20.00 13.65% 15.00% 3.00 1.05% 0.93% 2.00% 15.00 0.00% 81 84 1 10.00% 1.00 0 10.00 -2.00% -1 15 -1.00 40 40 11 5.00% -
Slide 23: Profit and Loss Statement
Profit and Loss Statement Particulars (Rs Crs) Q2FY24 Q2FY23 YoY Q1FY24 QoQ H1FY24 H1FY23 YoY Revenue from Operations 40.31 40.09 0.55% 43.25 (6.80%) 83.56 81.20 2.90% Other Income 0.14 0.11 0.00 0.14 0.11 Total Income 40.45 40.19 0.63% 43.25 (6.48%) 83.70 81.31 2.94% Raw Material Costs 23.15 22.46
Slide 24: Historical Profit and Loss Statement
Historical Profit and Loss Statement Particulars (Rs Crs) FY21 FY22 FY23 Revenue from Operations 91.91 101.15 181.45 Other Income 0.45 1.22 0.24 Total Income 92.36 102.37 181.69 Raw Material Costs 51.34 39.96 104.96 Employee Benefit Expenses 10.95 11.99 20.65 Other Expenses 11.25 34.73 23.64 Total E
Slide 25: Key Ratios
Key Ratios EBITDA Margin PAT Margin 20.48% 17.88% 17.75% 0.93% 15.51% -1.07% -7.63% -8.68% FY21 FY22 FY23 H1FY24 FY21 FY22 FY23 H1FY24 Debt-Equity Ratio (x) Interest Coverage (x) Current Ratio (x) Fixed Asset Turnover Ratio (x) 1.52 2.93 2.52 1.82 0.78 0.74 0.74 0.82 1.18 0.89 0.49 0.2 FY21 FY22 FY2
Slide 26: Balance Sheet
Balance Sheet Particulars (Rs Crs) FY22 FY23 FY24* Particulars (Rs Crs) FY22 FY23 FY24* 1. Equities and Liabilities II. Assets Shareholders' Fund (A) 38.89 36.28 90.24 Non-Current assets (D) 133.00 124.10 125.71 (a) Equity Share Capital 19.20 19.20 26.46 (b) Other Equity 19.65 17.09 54.35 (a) Tangib
Slide 27: Annexures
Annexures
Slide 28: Shareholders Information
Shareholders Information Shareholding Structure – 30th September 2023 Shareholder Information* BSE Ticker 526415 28.26% Market Cap (in Rs. Crores) 287.90 49.14% % Free- float 50.86% Free Float Market Cap (in Rs. Crores) 138.19 2.96% Shares Outstanding (Crores) 2.65 52 Week High (₹) 136.40 19.64% 52
Slide 29: Certifications
Certifications Certificate of Registration | (OK PLAY INDIA LIMITED. Gertifiente of Courplinnee (OK PLAY INDIA LIMITED. GREEN PRO COMPLIANCE Certificate of Registration | (OK PLAY INDIA LIMITED. Certificate of Compliance (OK PLAY INDIA LIMITED CERTIFICATE ‘GINTERC: ‘CERTIFICATE OF REGISTRATION
Slide 30: Thank You
Thank You OK Play India Limited Ernst & Young LLP [email protected] Rohit Anand: [email protected] www.okplay.in Riddhant Kapur: [email protected] Corporate Office: 124, New Manglapuri, Manglapuri Village, Sultanpur, New Delhi, Delhi – 110030 Registered Office: Plot No. 17 & 18, Ro