JTL Defence Ltd · BSE:JTLDEFENCE
JTL Defence — RCI Industries & Technologies — H1 FY18 Earnings Presentation
29 slides from JTL Defence's earnings presentation, 2018
Slide 1: RCI Industries & Technologies Limited Investor Presentation 2018
RCI Industries & Technologies Limited Investor Presentation 2018
Slide 2: Table of Contents
Table of Contents Business Overview H1 FY18 Financial Highlights Annual Financial Highlights Company Overview Opportunity & Way Ahead
Slide 3: Business Overview
Business Overview 01
Slide 4: Integrated & complete product suite
Integrated & complete product suite Flat Products - Production of Strips, Foils & Coils of Copper, Brass and other special alloys - Acquired Devi Metals in FY17; manufacturing unit in Baddi with capacity of 2,400 MT - Ongoing ~Rs. 80 crore capex towards enhancing capacity; upto 6,000 MT by FY18 & 24
Slide 5: Product Portfolio with wide & diverse applications
Product Portfolio with wide & diverse applications... Round Products Flat Products Annealed / Un-Annealed Copper Wire & Copper / Brass – Foils / Coils Bunched Copper Wire ▪ Used in Automobiles: radiators, bulb ▪ Used in automotive cables, television & and lamp caps, imitation jewellery, electronic I
Slide 6: Journey So Far
Journey So Far ▪ Established 100% EOU - Satya ▪ Merged manufacturing unit ▪ Flat product capacity to Metals as partnership Firm Satya Metals ; Round products expand to 24,000 MT by end FY19 2006 2014 2017 1992 2014 2016 ▪ RCI Industries & Technologies ▪ Listed on BSE SME Platform ▪ Acquired M/s. Dev
Slide 7: Journey from BSE SME to BSE Main
Journey from BSE SME to BSE Main Revenue ( Rs Cr.) 1734.83 58% 427.79 42% FY14 FY17 Trading Manufacturing EBITDA ( Rs Cr.) PAT ( Rs Cr.) 52.33 35.83 5.91 1.79 FY14 FY17 FY14 FY17 Strategic shift and expanded product suite driving profitability & growth 4
Slide 8: H1 FY18 Financial Highlights
H1 FY18 Financial Highlights
Slide 9: Half Year Consolidated P&L Highlights – H1FY18 v/s H1FY17
Half Year Consolidated P&L Highlights – H1FY18 v/s H1FY17 Revenue 31.4% EBTIDA 97.8% Rs. 1084.1 cr Rs. 28.9 cr 192.5% 137.4% PAT EPS Rs 17.2 cr Rs. 12.82 v/s Rs 5.40 in H1FY17 Board approves and declares maiden interim dividend for FY18 at Re 0.50 per share 6
Slide 10: Consolidated H1FY18 Highlights
Consolidated H1FY18 Highlights Rs. Cr H1 FY18 H1 FY17 YoY % Revenue from Operations 1,078.87 824.50 30.85% Other Income 5.25 0.38 Total Income 1,084.12 824.88 31.43% Raw Materials 1035.76 785.91 Employee Cost 4.25 2.25 Other Cost 15.26 22.12 Total Expenditure 1,055.27 810.29 EBITDA 28.85 14.59 97.78
Slide 11: Consolidated Balance Sheet Highlights – H1 FY18
Consolidated Balance Sheet Highlights – H1 FY18 Particulars ( Rs. Cr ) As at 30th Sep-17 As at 31st Mar-17 Particulars ( Rs. Cr ) As at 30th Sep-17 As at 31st Mar-17 Shareholder’s Funds 164.75 147.44 Non-current assets 49.18 48.17 Share capital 13.44 13.44 Fixed assets 45.83 39.96 Reserves & Surplus
Slide 12: Annual Financial Highlights
Annual Financial Highlights
Slide 13: Consolidated P&L Highlights – FY17
Consolidated P&L Highlights – FY17 Revenue 36.6% EBTIDA 82.2% Rs. 1,734.83 Cr Rs. 52.33 Cr 140.1% 94.7% PAT EPS Rs. 35.83 Cr Rs. 26.67 v/s Rs. 13.70 in FY16 10
Slide 14: Consolidated Annual Financial Highlights – FY17
Consolidated Annual Financial Highlights – FY17 Production Volume (MT) Revenue (Rs. Cr) 1,734.83 20,528 1,270.19 15,021 982.57 7,625 FY15 FY16 FY17 FY15 FY16 FY17 PAT (Rs. Cr) EBITDA (Rs. Cr) 60.00 52.33 40.00 35.83 50.00 35.00 30.00 40.00 28.73 25.00 30.00 20.00 14.93 20.00 15.13 15.00 10.00 6.18 1
Slide 15: Key Ratios
Key Ratios ROA (%) RoCE (%) 22.50% 7.55% 19.44% 15.14% 3.95% 2.27% FY15 FY16 FY17 FY15 FY16 FY17 RoE (%) 23.85% 12.83% 24.30% FY15 FY16 FY17 12
Slide 16: Consolidated Annual Profitability Highlights – FY17
Consolidated Annual Profitability Highlights – FY17 Rs. Cr FY17 FY16 YoY % Total Income from Operations 1,734.83 1,270.19 36.58% Raw Materials 1,657.03 1,220.05 Employee Cost 5.60 1.16 Other Cost 19.88 20.25 Total Expenditure 1,682.50 1,241.47 EBITDA 52.33 28.73 82.15% EBITDA Margin 3.02% 2.26% 76 b
Slide 17: Consolidated Balance Sheet Highlights - FY17
Consolidated Balance Sheet Highlights - FY17 Particulars ( Rs. Cr ) As at 31st Mar-17 As at 31st Mar-16 Particulars ( Rs. Cr ) As at 31st Mar-17 As at 31st Mar-16 Shareholder’s Funds 147.44 62.58 Non-current assets 49.08 42.68 Share capital 13.44 10.90 Fixed assets 39.96 4.77 Reserves & Surplus 134.
Slide 18: Company Overview
Company Overview
Slide 19: Amongst leading manufacturers of Copper products in India
Amongst leading manufacturers of Copper products in India Amongst leading manufacturers of Copper products in India ▪ Head quartered in Delhi with plants in Himachal Pradesh - RCI Copper & RCI Strips ▪ In addition to copper, capacity for production of brass, and special alloys ▪ Flat products – copp
Slide 20: Experienced Management Team
Experienced Management Team ▪ Graduate in commerce from Hindu College, Delhi University Rajeev Gupta ▪ Rich experience of 30 years in the industry Chairman & MD ▪ Graduate from Delhi University Mrs. Mamta Gupta ▪ Experience in human relations Director ▪ Planned and directed strategies, development o
Slide 21: Key Strengths
Key Strengths Multi-Product Portfolio ▪ Well balanced product mix ▪ Expanding range of products at regular intervals Innovative Ideas ▪ Expertise to re-roll / process any special 01 ▪ In-house R&D lab for new product ideas materials ▪ Swift response to market conditions ▪ Focus on expansion of Flat
Slide 22: Key Customers
Key Customers © Finolex noosa HAVELLS W& SURYA STEEL KDDL Limited , | roy) CEE | T TECHNOCRAFT & — | | | INDUSTRIES INDIA LTD g % ke Alpha Radiator (i) Y Grand J ,, ,PEAKOCK SCE ees = RADIATFORE 0 | 19
Slide 23: Certifications
Certifications ISO 9001-2015 ISO 14001-2015 20
Slide 24: Opportunity & Way Ahead
Opportunity & Way Ahead
Slide 25: Industry Opportunity
Industry Opportunity India - among top 20 major producers of copper globally ▪ In FY16, copper ore production in India at 39 lakh tonnes was 11% higher compared to the previous year ▪ Refined copper production in FY16 was ~7.9 lakh tonnes and the estimated consumption was ~ 6.5 lakh tonnes India is
Slide 26: Business Strategy
Business Strategy ▪ Manufacturing of wide range in round and flat products 01 Enhanced ▪ Value added products to meet complete customer requirement product range ▪ Customisation as per specifications including in special materials ▪ World Class Testing Equipments & laboratory which includes spectrom
Slide 27: Way Ahead
Way Ahead ▪ Increased production capacity Strategic Shift to Manufacturing ▪ through acquisition 01 across multiple products ▪ capacity enhancement ▪ Increased revenue and improved margins post enhanced capacities of flats ▪ Range of high-value products for supply to Defence and Mint segments 02 For
Slide 28: Disclaimer
Disclaimer All data and information is provided for informational purposes only and is not intended for any factual use. It should not be considered as an offer of sale of services mentioned in this information memorandum. Neither Sarthi Capital Advisors Pvt. Ltd. (SCAPL) nor any of its group compan
Slide 29: Thank You
Thank You 537254 RCIT IN RCII.BO For further information, please contact: Company : Advisors : RCI Industries & Technologies Limited Sarthi Capital Advisors Pvt Ltd CIN No. L74900DL1992PLC047055 CIN No. U65190DL2012PTC238100 Mr. Inder Prakash Saboo Chief Financial Officer [email protected] Mr. Abhish
RCI Industries & Technologies — H1 FY18 Earnings Presentation on 6ix