Alicon Castalloy Limited · NSE:ALICON
Alicon Castalloy — H1 FY2019 Earnings Presentation
28 slides from Alicon Castalloy's earnings presentation, Nov 5, 2018
Slide 1: Alicon Casting the Future - exchange cover letter
1ralicon Casting t h e Futu re November 3, 2018 To To The Manager The Manager The Department of Corporate Services The Listing Department SSE Limited National Stock Exchange of India Limited Floor 25, P. J. Towers, Exchange Plaza, Sandra Kurla Complex, Dalai Street, Mumbai - 400 001 Sandra (East), M
Slide 2: Q2 & H1 Results Presentation
Alicon Castalloy Ltd Q2 & H1 Results Presentation November 2, 2018
Slide 3: Forward-looking statements disclaimer
Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "conte
Slide 4: Concall Details Q2 & H1 FY2019
Concall Q2 & H1 FY2019 Details Growth Levers About Alicon & Outlook 3
Slide 5: About Alicon Castalloy
About Alicon Castalloy
Slide 6: End-to-end solutions across the entire spectrum of aluminum casting needs
Offers end-to-end solutions spanning the entire spectrum of aluminum casting needs across multiple user industries Offers - Design, Diversified Pioneer in Engineering, marquee Robust track India for Casting, Customer record of 44 processes of Operates one Leaders in the Machining and base across yea
Slide 7: Revenue CAGR and key company statistics
17% 20% 20% Revenue CAGR EBITDA CAGR PAT CAGR (5 yr) (5 yr) (5 yr) ` 4 1,014 ` 76 customers with.. Manufacturing Units INR crore of Revenue in FY18 685 Live Parts Presence in 60 1,037 No. of product 15 No. of permanent innovations during FY18 countries employees 6
Slide 8: A blend of European engineering skills, Japanese quality and Indian ingenuity
Enkei Corporation Alicon Castalloy Leading Japanese Largest Foundry in India – motor cycle and offering frugal engineering passenger car solutions wheel A blend of manufacturer European 70+ years of 50+ years of track record 230+ engineering skills, experience Years of Cumulative Japanese quality Si
Slide 9: Catering to key sectors of the Indian economy
Prototype Design Tool Design & Painting & Manufacturing Simulation Machining & Tool Sub-Assembly Manufacturing VA/VE Casting Fixture Design & Suggestions Manufacturing Manufacturing Catering to key sectors of the Indian economy Automobile Infrastructure Aerospace Medical Energy Agriculture 8
Slide 10: Strategic locations enable better speed-to-market and cost optimization
Strategic locations enable better speed-to-market and increased cost optimization 4 modern plants (including 1 international) Slovakia Austria High-end machines Binola Pune Advanced Technology Centre Globally competent Tool Rooms (20 tools/ a month Full-fledged Machine Shop (including assembly facil
Slide 11: Diversity across markets and industries provides a natural hedge
Diversity across markets and industries provides a natural hedge TWO WHEELER OEM FOUR WHEELER OEM TIER 1 & NON AUTO Not reliant on a single ‘anchor’ customer None of the customers contribute >15% of turnover And Others…. 10
Slide 12: Q2 & H1 FY2019 Financial Performance
Q2 & H1 FY2019 Financial Performance
Slide 13: Q2 FY2019 financial highlights
• Revenue from Operations Revenue from Operations EBITDA stood at Rs. 306 crore, higher by 17% 305.7 38.0 28.4 • Domestic Revenues higher by 261.8 16% YoY • Export* segment reported strong growth of 22% YoY Q2 FY18 Q2 FY19 Q2 FY18 Q2 FY19 • Gross profit margins improve by EBITDA % 10.7% 12.4% 237 bp
Slide 14: Exports and revenue mix
Exports Non-auto, (incl. 14% overseas business) 18% Auto, 86% Domestic, 82% 13
Slide 15: H1 FY2019 financial highlights
• Revenue from Operations Revenue from Operations EBITDA higher by 31% to Rs. 602 crore • Domestic Revenues stood at 73.3 602.4 Rs. 495 crore, up by 30% YoY 459.1 51.6 • Export* segment up by 38% YoY at Rs. 107 crore • Gross profit margins steady at H1 FY18 H1 FY19 H1 FY18 H1 FY19 49% EBITDA % 11.1%
Slide 16: Exports and revenue mix
Exports Non-auto, (incl. 14% overseas business) 18% Auto, 86% Domestic, 82% 15
Slide 17: Income statement Q2 and H1 FY2019
Particulars (Rs. crore) Q2FY19 Q2FY18 Y-o-Y Shift H1FY19 H1FY18 Y-o-Y Shift Revenue from Operations 305.7 261.8 17% 602.4 459.1 31% Other Income 1.2 3.6 -68% 4.0 6.1 -35% Total Income 306.8 265.5 16% 606.3 465.2 30% Total Expenditure 268.8 237.1 13% 533.0 413.6 29% Raw Material expenses 156.8 140.5
Slide 18: Liabilities and assets as on Sept 30, 2018
As on Sept As on March As on Sept As on March Liabilities (Rs. Crore) Assets (Rs. Crore) 30, 2018 31, 2018 30, 2018 31, 2018 a) Shareholders’ Funds 283.6 252.4 a) Non-current Assets 353.2 335.3 b) Non-current Liabilities (NCL) 88.4 96.9 a) Current Assets 489.3 444.5 - Long-term Borrowings 57.5 68.6
Slide 19: Commentary by Group CEO
Commenting on the performance, Mr. Rajeev Sikand, Group CEO , Alicon Castalloy said, “We are pleased to report robust growth of 17% y-o-y in revenues accompanied by PAT growth of 44% on a y-o-y basis. Scaling up of global operations on anticipated lines supported by increased contribution from the n
Slide 20: Business Growth Levers & Outlook
Business Growth Levers & Outlook
Slide 21: Solution provider at the forefront of emerging opportunities
Solution Provider At The Forefront Of Integrated Emerging Offerings Opportunities Strengthening The Manufacturing Export Platform Excellence Focus on Underpenetrated Segments 20
Slide 22: Vision G5 2021-22
In FY16, Alicon unveiled its vision G5 2021-22, which spells out the Company’s ambition to be among the Top 5 global foundries by FY2021-22 Non-auto Alicon’s current size as on FY18 Revenue 2,000 Cr. + Alicon’s targeted size in FY22 Revenue Auto 1,000 Cr.+ Domestic Global 21
Slide 23: Our Mission and Our Values
To become the globally preferred supplier for Light Alloy Casting Solutions Our Mission Our Values North Star philosophy - Alicon endeavors to Grow the employees, Quality, Integrity and promote Indian self-reliance in the present domains associates and suppliers Respect Ensure total customer We ar
Slide 24: Concall Details
Concall Details
Slide 25: Q2 & H1 FY19 Earnings Conference Call
Alicon Castalloy’s Q2 & H1 FY19 Earnings Conference Call Time • 2.00 PM IST on Monday, November 5, 2018 Local dial-in numbers • +91 22 6280 1141 • +91 22 7115 8042 International Toll Free Number • Hong Kong: 800 964 448 • Singapore: 800 101 2045 • UK: 0 808 101 1573 • USA: 1 866 746 2133 2
Slide 26: Thank You
Thank You For further information, please contact: Tarunkumar Vyas Alicon Castalloy Ltd Tel: +91 74200 73369 E-mail: [email protected] Mayank Vaswani / Shikha Kshirsagar CDR India Tel: +91 22 6645 1230/ 6645 1243 Email: [email protected] [email protected] For more information, visit
Slide 27: Press release: Alicon announces Q2 & H1 FY19 earnings
Alicon Castalloy Ltd Gate No. 1426, Shikrapur, Tal. Shirur, District Pune - 412208. Maharashtra, INDIA Alicon announces Q2 & H1 FY19 Earnings Total Income increases by 16% to Rs. 307 crore in Q2FY19 PAT higher by 44% to Rs. 14 crore in Q2FY19 Pune, November 2, 2018: Alicon Castalloy Ltd (Alicon), on
Slide 28: About Alicon Castalloy Ltd
Alicon is a pioneer in the aluminum casting space in India, offering end-to-end casting solutions across multiple user industries. Our rich legacy and track record of manufacturing excellence has deeply embedded us with leading local and domestic OEMs. The shift to integrated product offerings combi