a global manufacturer of high- quality, precision
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A global manufacturer of high-
quality, precision-engineered
products in Upstream Oil & Gas
Exploration
Investor Presentation, March 2021
Discussion Summary
Market
OpportunityCompany Overview
Competitive
Advantages
Business Strategy and
Outlook
Performance
Scorecard
Investor Presentation, March 2021 | 2
Company Overview
Investor Presentation, March 2021 | 3
World’s Leading Oilfield Equipment Manufacturer
India’s largest and leading manufacturer of oilfield drilling, production and exploration tools and equipment
and
Company OverviewUnited Drilling Tools - At an Inflection Point
Consistent track record of creating value for different stakeholders
Investor Presentation, March 2021 | 4
BUSINESS OVERVIEW
Single manufacturer of large OD multi-start connectors in India
Solutions provider with presence in downhole tools, wireless and well service equipment, gas lift equipment
Reputed as a global leader in connector technology
Offering installation training and onsite support
Associate member of “International Association of Drilling Contractors (IADC)”, South Asia Central Chapter, 2019
Increasing global presence in 10 countries including US, UK, Indonesia, UAE, Oman, Malaysia and Vietnam
Listed on the Bombay Stock Exchange since 1986, with market capitalisation of Rs 531.73 crore (as on March 31, 2021)
A SUSTAINABLE BUSINESS MODEL
Good pedigree with 35 years of deep industry experience in serving Oil Exploration & Production sector
Timely delivery of solutions optimising and enhancing production from marginal oil wells
Capacity to handle large volume of orders
Enviable track record of supplying products with reliable designs and customised as per client specifications
Growing international presence in 16+ countries
STRONG FINANCIALS
Revenue growth of 425% in the last decade
A Zero-Debt company Dividend of Rs 17.26 Crore paid in past 5 years
Key Financial Highlights of FY2021 (9-months):
Revenue: Rs 959.42 Million
EBIDTA: Rs 367.44 Million
Profit After Tax: Rs 285.30 Million
CONSISTENT OPERATIONAL PERFORMANCE
Average Order Book Size of Rs 800 Million
Increasing operational efficiency
Headcount of 350 employees
United Drilling Tools Limited
Investor Presentation, March 2021 | 5
An American Petroleum Institute (API) certified drilling tools and equipment provider to the petroleum & gas industry
Supplying products across large OD Casing pipes and Connectors, Wire line and Well service equipment, Gas lift equipment and Downhole tools
Company Overview
Our Value Proposition
Investor Presentation, March 2021 | 6
#Yearly requirement
As our products have a one-
year lifecycle, it results in a
requirement from Oil Drilling
companies every year for
existing wells and new wells.
#Growing overseas
opportunityWe are aggressively scouting
for opportunities in the
international market, since
the collaboration with the US
company ended in October
2019, which restricted us to
enter the overseas market.
#Competitive pricing
Our products are cheaper by
15% to 20% vis-à-vis those of
overseas players. This is
primarily owing to cheap
labour, lower overhead cost
and being a part of the MSME
sector.
#Continuous research
Continuous research &
development enhances our
productivity which increases
business opportunities.
Company Overview
Vision Relentlessly focus on pioneering
solutions for the E&P sector with
devoted R&D clubbing global
technology enabling higher savings
for oil production companies.
Mission Providing world class quality products
compatible with API standards, development
on our product lines to introduce new designs
at very competitive costs, create a quality
embargo globally offering world class solutions
and products
Investor Presentation, March 2021 | 7
Company Overview
Our Values
Customer focusWe remain committed to the
interests of our customers. We
respond to their requirements by
launching new products, upgrading
our technology, modernising our
manufacturing facilities and
enhancing our standard of service.
A comprehensive approach Our integrated approach enables us
use the Company’s resources,
benefiting from collaboration and
synergies.
Maximum results We innovate at a high rate, strive to
make timely decisions and ensure
efficient execution of these, thereby
utilising all the resources in best
manner.
Investor Presentation, March 2021 | 8
Company Overview
Our Journey of Evolution over Three-and-a-half Decades
1985 1990-2000 2001-2005 2006-2010 2011-2015 2016-2020
Commenced operations, with
head-quarters in New Delhi
Develop and commenced manufacturing of:
• Stabilizers (1992)
• Gas Lift Valve (GLV) and Winch (1995)
• Truck Mounted Winch
Successfully awarded contracts from Government companies
Augmented export of GLV to United States since 1996; Further tapping opportunities in the global market
Received first ISO certification for our products
• API Certification approval
Developed and commenced manufacturing of a new product line of Connectors
• Commenced export of GLV in Indonesia in 2004
Developed and commenced manufacturing of Large OD Casing Pipe
Established a new unit at Uttar Pradesh for production of stabilizers
Commenced exports of:
• 2006: Exported GLV to Singapore
• 2008: Exported Stabilizers to Syria
Accomplished a significant milestone of getting our products patented
Commenced operations at the newly set-up manufacturing units
• NSEZ (Noida Special Economic Zone) at Noida for production of winch in 2013
• KSEZ (Kandla Special Economic Zone) at Kutch, Gujarat for production of Casing Pipe and Connectors in 2014
Achieved sales of Rs 1,000 million
Made first exports of Connectors to United Kingdom
Developed New Product line:
• Leopard Connector
• Swift connector
Commenced exporting Side Pocket Mandrel across geographies
Investor Presentation, March 2021 | 9
The Big Story
Making India
Self-Reliant in
Oil & Gas generation
Investor Presentation, March 2021 | 10
Company Overview
Key Market Differentiators
Integrated value chain
From being a stabiliser manufacturer to
a company in oilfield drilling equipment
Sizeable market shareIn upstream drilling tools and
equipment market in India
Excellent track recordOf supplying competitively priced
products
Technologically advanced
operating facilities With specialised CNC machines to maintain
precision at every step of production
Growing product portfolio With new and innovative products
Healthy order mixDomestic and overseas order
book
Strategised order acquisition
With Tenders and Direct Sales
R&D experienceAligned to modernise existing products
Cost competitiveness Supplying products at 3/4th of the market rate,
maintaining good margin of 33% for Profit
Before Tax
Investor Presentation, March 2021 | 11
Company Overview
Our Business Model
Key revenue streams (product mix)
What’s driving margins
Investor Presentation, March 2021 | 12
68.00%10.00%
3.00%
19.00%
Casing Pipe & Connectors
Gas Lifting Valves & Mandrels
Stabilisers
Wireline Winches
What’s driving profitability?
1. Higher-margin products
Connectors 40-48%
Wireline Winches 24-26%
Casing Pipes 22-23%
2. Domain expertise
The Company’s Chairman & Managing Director, Pramod Kumar Gupta,
has completed his Master’s degree in Industrial Engineers from United
States, and has a rich experience of 35 years in Oil Drilling equipment,
which includes 8 years of rigorous experience in the United States.
Increasing Profit Margins -
From 8% in 2014 to 45% in
2020
High-Entry Barriers
First Mover Advantage – Our Key Market Edge
Investor Presentation, March 2021 | 13
• Setting up a new manufacturing facility, getting API certificates, arranging site visits by officials, placing trial orders and successful run of products is a definite pre-requisite for a new player to foray into the market.
• These factors result in high-entry barriers and make it extremely time-consuming, tedious difficult for any new company or player to engage in manufacturing of these Hi-Tech products.
• Products being highly critical in nature, it requires 5-7 years for approval to become a supplier to Oil PSUs.
United Drilling Tools
has experienced a
long learning curve in
an industry with
stringent eligibility
criteria and limited
competition.
Company Overview
Our Esteemed Board
Mr. Pramod Kumar Gupta
Chairman & Managing Director, has completed his
Masters’ in Industrial Engineers from United States,
and has a wide experience in the country’s Oil
Drilling Industry.
Mr. Kanal Gupta
is an MBA in Finance and HR, with vast experience in
Business Management and administration.
Mr. K. D. Aggarwal
an Independent Director, is a Post Graduate in
Economics and Law. He is also a member of Certified
Associates of Indian Institute of Bankers.
Mr. P. Kalayanasundaram
an Independent Director, is an allied IAS Officer
retired from the post of Joint Secretary of Ministry of
Petroleum & Natural Gas, Government of India. He
has extensive experience in the field of public as well
as Business Administration. He has also completed
his Ph.D. in International Business and M.Phil. in
Social Science.
Mr. Inderpal Sharma
Whole Time Director, has a wide experience in
manufacturing of oil drilling tools and equipment.
Investor Presentation, March 2021 | 14
Company Overview
Key Managerial Personnel
Mr. Govind Sharma – General Manager - Global Sales and Marketing
Mr. Govind Sharma is a Graduate in Engineering and has done B. Tech -Mechanical. He has a rich experience of 30 years in the field of energy in different private sector companies.
Investor Presentation, March 2021 | 15
Mr. Lal Sahu – D.G.M. - Design
Shri Lal Sahu is a Graduate in Engineer and Design and has done B. Tech -Mechanical and MBA. He has vast experience of 37 years in the field of heavy machine tools and general industries in various large set-up PSUs and in the private sector.
Mr. Mukesh Mehta – D.G.M. – Finance & Accounts
Mr. Mukesh Mehta is a Chartered Accountant with 30 years of experience in different sectors. He has handled all type of functions in Accounts, Banking, Taxation and other commercial functions in a large set-up in the private sector.
Mr. Khaliq Ahmad – Head - Quality Assurance
Mr. Khaliq Ahmad is a Graduate in Engineering and has done his B. Tech in Mechanical Engineering, ND level 3, and is a Lead Auditor in ISO 9001 /2015. He has a vast experience of 26 years in the Oil & Gas industry in a large set-up.
Mr. C. P. Sharma – D.G.M. - Human Resources
Mr. C P Sharma is a Post Graduate Diploma Holder in Personnel Management. He has a vast experience of 30 years in the field of Human Resource Department in different private sector companies.
Mr. Jyoti Kumar Singh – D.G.M – Sales and Marketing
Mr. Jyoti Kumar Singh is a Graduate in Engineer and has done B.E.(CSE). He has vast experience of 18 years in the field of sales and marketing in different companies in the private sector.
Mr. Ajit Chaudhary – Senior Manager - Operations
Mr. Ajit Chaudhary is a Diploma in Mechanical Engineering and has a vast experience of 15 years in the field of Mechanical Engineering in different private sector companies.
Company Overview
Widening Footprint
Investor Presentation, March 2021 | 16
Indonesia Vietnam United Arab Emirates United Kingdom United States of America
Competitive Advantages
Propelling GrowthManufacturing Proficiencies
3 State-of-the-Art and Tech-
focused Manufacturing Facilities
Spread across 849,341 sq. ft.
Manufacturing locations at
Gujarat and Noida
To manufacture standard
precision equipment of proven
test designs to API license and
ISO standards
350-strong workforce of:
Quality Control Engineers
Design Engineers
R&D Engineers
After-Sales Service Personnel
Manufacturing Infrastructure Intellectual Capital
Investor Presentation, March 2021 | 17
Competitive Advantages
Propelling GrowthWorld-Class Infrastructure
Investor Presentation, March 2021 | 18
Machine-shop-with CNC
Lathes Vertical Turret
Lathe and Machining
Centre
Latest Quality
Control System,
Equipments and
Gauges
Drilling Machines,
Cylindrical Grinders,
Milling Machines
Research and
Development
System and
Testing System
Assembly and
Fabrication Shop
Competitive Advantages
Propelling GrowthJoint Ventures and Technical Collaborations
Aiming at strategic acquisition of companies engaged in manufacturing of inputs to:
Increase product
range
Improve quality of
raw material and
consumables
Reduce cost
of production
Enhance revenue
and profit margin
Investor Presentation, March 2021 | 19
Competitive Advantages
Propelling GrowthAPI Quality Licenses related to products
Engaged in responsible and eco-friendly manufacturing practices and enhancing workplace safety
Quality Certifications -
5 Product licenses (API 19G1, API 19G2, API 5CT,
API 7-1 & API 5L)
Investor Presentation, March 2021 | 20
Competitive Advantages
Propelling GrowthKey Certifications
Engaged in responsible and eco-friendly manufacturing practices and enhancing workplace safety
Quality Certifications -
ISO 9001:2008
ISO 14001:2015
OHSAS 18001:2007
Investor Presentation, March 2021 | 21
Competitive Advantages
Propelling GrowthFortifying Industry Position through a Comprehensive Product Offering
Product function:
UDT Fast make-up, high performance connectors are manufactured as per highest
international quality standards. These are designed for use in offshore and onshore duly
welded with Casing Pipes. These are used where rig costs and environmental conditions
dictate a need for fast connector make-up, combined with superior performance.
Product benefit:
Simple to use
Saves cost by reducing make up time of casing pipe while running casing pipe in oil well.
Investor Presentation, March 2021 | 22
CONNECTORS
Competitive Advantages
Propelling GrowthFortifying Industry Position through a Comprehensive Product Offering
Product function:
During drilling of oil and gas wells, steel pipes are set inside the drilled
well. This is called casing and it helps protect and support the well
stream. Generally, casings are fabricated in sections, or joints usually ~40
feet long and screwed together to form longer lengths of
casing. One joint is connected with the other with the help of casing
elevators.
Product benefit:
Prevents wall of well from caving in
Consumable and requirement to be generated year-on-year
Investor Presentation, March 2021 | 23
CASING PIPE WITH CONNECTORS
Competitive Advantages
Propelling GrowthFortifying Industry Position through a Comprehensive Product Offering
Product function:
Wireline winch is self-contained and tough enough for most oilfields. It is widely applied
across the oil & gas industry for various
purposes including well intervention and reservoir evaluation. Equipped with line speed,
depth and tension measurement system in addition to fast jarring action of the reel unit,
which can insert and retrieve the flow control devices/ gas lift valves from the side pocket
mandrel at any depth in the oil well with high accuracy. UDTL manufactures four different
types of wireline winches – Slim-split, Fly-line, Truckline and Landline.
Product benefit:
Used inserting and retrieving flow control devices from side pocket mandrel
Used to lift gas equipment
Capital item and requirement is generated year-on-year due to wear and tear of units
and replacing of old units
Investor Presentation, March 2021 | 24
WIRELINE WINCHES
Competitive Advantages
Propelling GrowthFortifying Industry Position through a Comprehensive Product Offering
Product function:
Generally fitted on a mandrel installed in production tubing, gas lifting equipment aid in lifting
gas utilising artificial method. It is installed as a part of tubing string. Gas lift equipment
consists of gas lift mandrels and flow control devices. It also includes conventional mandrels
and side
pocket mandrels, whereas flow control devices include gas lift valve, orifice valve and dummy
valves.
Product benefit:
Used in artificial lifting of oil when natural pressure of gas pushing oil up on surface is less
Utilises this artificial method, whereby a pressurized gas, produced by a nearby well, is
injected continuously or intermittently into the production tubing to lift fluids
Consumable item and requirement is generated on year-on-year basis
GAS LIFT EQUIPMENT
Investor Presentation, March 2021 | 25
Competitive Advantages
Propelling GrowthFortifying Industry Position through a Comprehensive Product Offering
Product function:
Stabilizer is one of the components of drill string elements, generally placed near bit or at the
top of the drill string. In the drill string assembly, the drill bit is the lowest component used to
drill the well hole. The function of the stabiliser is to smoothen the hole made by drill bit. UDT
offers two types of stabilizers – integral blade stabilizer and replaceable sleeve stabilizer, with
different hard facing options to suit different drilling conditions and surfaces.
Product benefit:
Help maintain drilling trajectory whether drilling straight, horizontal, or directional wells
Consumable and requirement is generated year-on-year
Investor Presentation, March 2021 | 26
STABILISER
Maximising the Technology Quotient
Continuous thrust on improving technology and expanding offerings
Competitive Advantages
Propelling Growth
Investor Presentation, March 2021 | 27
Key Differentiators:
Backed by a prudent team of engineers and quality control team, we leverage our technology
prowess and R&D capabilities to branch into the manufacturing of different types of drilling
tools, while modernising the existing product line.
Technology is at the centre of our manufacturing, while being driven by continuous innovation
and prudent diversification.
We follow technology-focussed manufacturing, with a constant focus on getting the best
technologically advanced operational facilities, equipped with state-of-the-art technology and
equipment.
Our sustained investments in technology and R&D enables the introduction of new products,
such as UDT Lynx Connector, Side Pocket Mandrel and Wireline GLV.
We are a modern, technology-driven drilling equipment and tools manufacturing company.
Our transition to being a
research-led solutions
provider is an example of
how we are investing in the
technology of tomorrow, and
further strengthening the
business.
R&D and Precision Engineering is a key focus area for United Drilling Tools
R&D – A Key Area of Focus
Investor Presentation, March 2021 | 28
Is equipped with world-class infrastructures
Has the expertise to maintain the precision of 1/1000th of an inch with
specialised CNC machines
Is the only Indian manufacturer of high-margin large wireline winches,
stabilizers and Large OD Multi-start Connectors since 25 years
The Company has
technology patents for
Connectors and Winches
in India, and has applied
for patents in international
markets as well.
Endorsed by Indian Marquee Brands
Competitive Advantages
Propelling Growth
Investor Presentation, March 2021 | 29
Enduring relationships and
deep engagement with Indian
renowned Oil Companies
Endorsed by Global Marquee Brands
Competitive Advantages
Propelling Growth
Investor Presentation, March 2021 | 30
Enduring relationships and
deep engagement with
globally-renowned Oil
Companies
Steadily marching towards a sustainable tomorrow
India Business
Future Business Strategies
Strategy Outcome
Diversifying product range
Changing sale of product mix
FY2022 Projections
Revenues to expand by 40%
Margins to expand by 30%
Growing order book Confirmed orders of Rs 800 Million in hand
Submitted bids for Rs 1,250 Million; Additional bids of 1,000 Million to be submitted within the next quarter
Anticipating strong conversion of these bids into orders of Rs 1,200 Million – to be executed during FY 2022
Significant ability to scale higher Capacity utilisation at 40-45% presents high opportunity to ramp up manufacturing
Strategic Growth
Enablers to strengthen
India Presence
Increasing
wallet share
with customers
Expanding
capacities
Focusing
on new
technologies
Investor Presentation, March 2021 | 31
Steadily marching towards a sustainable tomorrow
International Business
Strategic Growth Enablers to strengthen Global Presence
Increasing
registrations in
international
markets
Adding footprint in
South East Asia
and Africa
Scaling capacities
of all product lines
Investor Presentation, March 2021 | 32
Future Business Strategies
Key Priorities to strengthen Global Presence
Contribution
from Exports
increased from
1.03% in FY2020
to 5% in 9 months
of FY2021
Approved Vendor
Status with major Oil
Field Drilling Companies
and Oil Service
Providers - Cairn India,
Focus Energy, Quippo
Oil & Gas, Baker
Hughes, Hallibutron,
Schlumberger, Superior
Energy, Qatar
Petroleum and HOEC
Hired
Marketing
Representatives
in Dubai, Venezuela,
Vietnam, UAE, Oman,
United States and
Indonesia
Investor Presentation, March 2021 | 33
Rs 10,000 CroreGlobal Market Size from countries like Middle East, United States, South America and South East Asia
Future Business Strategies
Global Industry expected to grow at 8-10% CAGR over the next 3-5 years
We joined hands with agents in UK, UAE, Vietnam and North Africa. With this, our global
presence has expanded to more than 16 countries.
Growing Exports
Investor Presentation, March 2021 | 34
To garner 7% to 10% share of the global pie in the long run
Future Vision on Exports
Our Hi-Tech Products –
Global Market Size
Investor Presentation, March 2021 | 35
Casing Pipes and Connectors – Rs 6,000
crore
Winches – Rs 2,000 crore
Gas Lift Valves – Rs 1,000 crore
Stabilisers – Rs 1,000 crore
Hi-Tech, yet Low-Cost:Our Hi-tech products are priced at least
15% to 20% lower, compared to other
International players
Export Order bagged from a reputed UK-based company
5 YearsTimeframe for Export Order Book to grow multi-fold
30%Projected contribution from Export Order to Business Revenue in 5 years
Future Opportunity
Government reserved Tenders of up to Rs 200 Crore for Indian companies
Gives Indian companies an opportunity to extract business from foreign Oil Drilling companies
Investor Presentation, March 2021 | 36
Future Business Strategies
A Perfect Investment Case
Business perspective:
Delivered industry leading performance by executing long-term growth strategy
Widened portfolio from one principal product in 1992 to 4 key product lines and 20 sub-products
Expanded international presence to sustain growth momentum
Strong governance structure with regular audits and safety checks
Financial perspective:
Strategic and prudent deployment of funds leading to healthy ROCE
Doubled capacity out of own investment funds
A Debt-free company; Generated Rs 143.52 crore in Cash Profit over the last five years
External rating improved from BB+ to BBB- in 2019; Further improved from BBB- to BBB in 2020
Paying Dividends on an annual basis for the past several years
Investor Presentation, March 2021 | 37
Future Business Strategies
Market Opportunity
India - A Growing Economy
Investor Presentation, March 2021 | 38
Moving towards becoming a
US$ 5 Trillion Economy by 2025 Towards a
Self-Reliant India
Government to boost domestic
manufacturing by being ‘Vocal for
Local’ and taking ‘Local to Global’
India to emerge as a Global
Manufacturing Hub and make
India self-sufficient
Market Opportunity
Increasing Production and Growing Demand of
Crude Oil & Gas in India
India is the 3rd Largest Energy
Consumer globally
India produces only 17% of its total
requirement for Crude Oil & Gas
Demand for Energy to rise 3-fold by 2035
to 1,516 million tonnes
Indian
Government
promoting Oil
Extraction
Serving India's
growing
demand for oil
Investment of
Rs 25 billion
expected in
exploration and
production by
2022
Investor Presentation, March 2021 | 39
Market Opportunity
Total Addressable Market in India's Upstream sector
78% of India’s
sedimentary area for
exploration fields is
yet to be explored
Developing
unconventional
sources for
exploration – CBM
fields in deep sea
Growing
opportunities in
secondary and
tertiary oil producing
techniques
Investor Presentation, March 2021 | 40
Market Opportunity
Investor Presentation, March 2021 | 41
Increasing
government support
100% FDI
In upstream and private sector refining
Favourable policies
Open Acreage Licensing Policy (OALP)
Coal Bed Methane (CBM) Policy
Total Addressable Market in India's Upstream sector
Market Opportunity
Recent decisions from Oil Ministry – Boosting the Oil & Gas Industry
Oil Drilling
Oil drilling equipment and tools to require 50% local content; 60% in next two years; and 70% in last two years for getting purchased performance
Local Content Preference
State-run firms to implement policy where participation of local companies increased across the value chain
Purchase Preference
Manufacturers meeting local content targets with quoted price will get purchase preference from 15% to 20%
Specialised Services
For specialised drilling, required local content pegged at 10% for the first year; 15% in next two years; and 20% in the next two years
Investor Presentation, March 2021 | 42
Market Opportunity
Production of Crude Oil & Gas in United States and China
United States
11.3 Million BarrelsCrude Oil produced per day
34.40 Trillion C.ftNatural Gas produced per day
Investor Presentation, March 2021 | 43
3.87 Million BarrelsCrude Oil produced per day
12 Trillion C.ftNatural Gas produced per day
Global Oil Drilling Tools
market is seen growing at a
CAGR of 4.75% to touch
US$ 8.61 billion by 2022
China
Our Performance Scorecard
Sustaining the Growth Trajectory
Revenue from Operations (Rs Million) EBITDA (Rs Million) and Margin (%) PAT (Rs Million) and PAT Margin (%)
Earnings Per Share (Rs) ROCE (%) ROE (%)
Investor Presentation, March 2021 | 44
817.42739.11
1,571.28
1,146.69
0
200
400
600
800
1000
1200
1400
1600
1800
FY2017 FY2018 FY2019 FY2020
290
177
292
560
35.00%
24.00%19.00%
49.00%
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
60.00%
0
100
200
300
400
500
600
FY2017 FY2018 FY2019 FY2020
209
127
247
452
26.00%
17.00% 16.00%
39.00%
0.00%
10.00%
20.00%
30.00%
40.00%
50.00%
0
100
200
300
400
500
FY2017 FY2018 FY2019 FY2020
20.39
12.45 12.16
22.24
0
5
10
15
20
25
FY2017 FY2018 FY2019 FY2020
20.00%
13.00%
19.00%
31.00%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
35.00%
FY2017 FY2018 FY2019 FY2020
21.00%
11.00%
19.00%
28.00%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
30.00%
FY2017 FY2018 FY2019 FY2020
Our Performance Scorecard
FY2021: Key Financial Highlights (with YoY change)
Total Income from Operations EBITDA Net Profit
Increased -27% - From Rs 1,571.28 Million in FY2019 to Rs 1,146.69 Million in FY2020
Increased 91.80 % - FromRs 291.74 Million in FY2019 to Rs 559.57 Million in FY2020
Stood at Rs 452.17 Million in FY2020, up 82.80 % from Rs 247.35 Million in FY2019
ROCE ROE Cash Flow from Operations
Improved from 19% in FY2019 to 31% in FY2020
Improved from 122% to 223% during the year under review
Stood at Rs 106.89 Million, compared to Rs 110.90 Million in the earlier year
Investor Presentation, March 2021 | 45
Our Performance Scorecard
Profit & Loss Statement
Investor Presentation, March 2021 | 46
Particulars FY2017 FY2018 FY2019 FY2020
Revenue from Operations 817.42 739.11 1,571.28 1,146.69
Cost of Materials Consumed 459.09 731.18 633.14 384.08
Change in Inventory of WIP and Finished Goods
-66.20 -319.39 399.21 24.41
Employee Benefit Expenses 60.12 67.13 102.33 113.58
Financial Cost 11.36 12.54 10.01 5.06
Depreciation and amortization expenses 66.23 26.90 28.67 26.97
Other Expenses 74.83 82.94 144.87 65.06
Total 605.43 601.30 1,318.23 619.16
Profit Before Tax 211.99 137.81 253.05 527.53
Tax 3.48 10.49 5.70 75.36
Profit After Tax 208.51 127.32 247.35 452.17
(Figures in Rs Million)
Shareholding Pattern
Investor Presentation, March 2021 | 47
74.65%
25.35%
Promoter shareholding
Public shareholding
For More Information,
Please Contact:
Mr. Mukesh Mehta
DGM Finance & Accounts
Flat No. 139A, Anthariksh Bhawan,
First floor, 22 Kasturba Gandhi Marg,
New Delhi – 110 001.
Telephone: +91-120-4221777; Fax: +91-120-2462675
E-Mail ID: compsect@utdltd.com
Investor Presentation, March 2021 | 48
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