pennar engineered building systems limited repeat order from mrf tyres for extension of its ......

18

Upload: trinhnhi

Post on 20-Mar-2018

221 views

Category:

Documents


1 download

TRANSCRIPT

Page 1: Pennar Engineered Building Systems Limited repeat order from MRF Tyres for extension of its ... Report mandated by the ... Consolidation of order and project management departments
Page 2: Pennar Engineered Building Systems Limited repeat order from MRF Tyres for extension of its ... Report mandated by the ... Consolidation of order and project management departments

Pennar Engineered Building Systems Limited

Investor PresentationQ3FY16

Page 3: Pennar Engineered Building Systems Limited repeat order from MRF Tyres for extension of its ... Report mandated by the ... Consolidation of order and project management departments

Disclaimer

2

This presentation contains “forward looking statements” including, but without limitation, statements relating to the

implementation of strategic initiatives, and other statements relating to Pennar Engineered Building Systems Limited’s

future business developments and economic performance.

While these forward looking statements indicate our assessment and future expectations concerning the development of our

business, a number of risks, uncertainties and other unknown factors could cause actual developments and results to differ

materially from our expectations.

These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends,

movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the

financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our

business and financial performance.

Pennar Engineered Building Systems Limited undertakes no obligation to periodically revise any forward looking statements

to reflect future / likely events or circumstances.

Page 4: Pennar Engineered Building Systems Limited repeat order from MRF Tyres for extension of its ... Report mandated by the ... Consolidation of order and project management departments

Financial Performance Q3FY16

3

1085.5 1105.6

1164.9

38.3

43.6

75.2

0

10

20

30

40

50

60

70

80

90

400

500

600

700

800

900

1,000

1,100

1,200

1,300

Q3FY15 Q2FY16 Q3FY16

Revenue (Rs in Mn) PAT (Rs in Mn)

91.2

130.7

146.4

8.4%

11.8%

12.6%

0%

5%

10%

15%

20%

0

20

40

60

80

100

120

140

160

Q3FY15 Q2FY16 Q3FY16

EBITDA (Rs in Mn) EBITDA Margin (%)

Page 5: Pennar Engineered Building Systems Limited repeat order from MRF Tyres for extension of its ... Report mandated by the ... Consolidation of order and project management departments

Highlights of Q3FY16 performance (1/2)

Order book stands at Rs. 415 crores

Large New Orders –

Received order from Mylan Laboratories for its Laboratory building at Pithampur.

Received order from Punj Lloyds for its building at Haldia.

Received order from Taien Construction for its factory building at Pune.

Received order from Kongovi Electronics Company for its factory building at Bangalore.

Received order from RCC Infrastructure for Aircraft hangers.

Received repeat order from MRF Tyres for extension of its factory building.

4

Page 6: Pennar Engineered Building Systems Limited repeat order from MRF Tyres for extension of its ... Report mandated by the ... Consolidation of order and project management departments

Highlights of Q3FY16 performance (2/2)

Other Highlights -

Margin expansion continues its trend.

Received IEI Industry Excellence Award 2015 for the 3rd time consecutively.

Opened Engineering office in Vishakhapatnam to provide engineering services to US based clients.

Increased revenue from Engineering services division.

Looking to expand engineering services business by acquiring some companies.

Started taking solar module mounting orders on turn key basis.

Firming up plans to set up North India plant.

5

Page 7: Pennar Engineered Building Systems Limited repeat order from MRF Tyres for extension of its ... Report mandated by the ... Consolidation of order and project management departments

Recent Projects

6

Page 8: Pennar Engineered Building Systems Limited repeat order from MRF Tyres for extension of its ... Report mandated by the ... Consolidation of order and project management departments

7

Company Overview

IOT Infra Dahej, Gujarat

Page 9: Pennar Engineered Building Systems Limited repeat order from MRF Tyres for extension of its ... Report mandated by the ... Consolidation of order and project management departments

Pennar Group Overview

8

Pennar Industries Ltd.

Steel Products & Profiles

Precision Tubes

Industrial Components

Systems & projects

Pennar Engineered Building Systems Ltd.

Pre-Engineered Buildings

Custom Designed Steel Structures

Engineering Services

Pennar Group of Companies

Pennar Enviro Ltd.

Water Treatment Solutions

Water Treatment Chemicals

Fuel Additives

Page 10: Pennar Engineered Building Systems Limited repeat order from MRF Tyres for extension of its ... Report mandated by the ... Consolidation of order and project management departments

Pennar Engineered Building Systems Limited (PEBS) - Overview

One of the leading custom designed building systems solutions provider in India

Industry size of the Indian PEB was ~INR 55,000 million with a 13% CAGR over 3 years

Pennar’s market share was ~8% (1) in a fragmented industry in FY14

Manufacturing facility equipped with high-precision machines to fabricate and supply quality-repletesteel buildings

Production capacity of 90,000 MT p.a.

One of the few companies that offers leak-proof roofing systems in India

Technical know-how licensing agreement with NCI Group Inc. USA

156 ongoing projects across 20 states, aggregating to order book of INR 3.6 Bn(2)

Key customers include Ultratech Cement, Volvo India and Larsen & Toubro with repeat orders from 17customers as on June 30, 2015

9(1) Source: CARE Research, Report mandated by the company (2) As on June 30, 2015

Indian PEB market was at INR 55,000 million in FY14 and is expected to be at INR 91,680 million by FY17(1)

Page 11: Pennar Engineered Building Systems Limited repeat order from MRF Tyres for extension of its ... Report mandated by the ... Consolidation of order and project management departments

Key Events and Milestones

Commissioning of 0.5 MW solar power generation facility

Investment by Zephyr Peacock India Fund Manufacturing capacity expanded to 90,000MT Entered into an agreement for commencement of engineering services

Manufacturing capacity expanded to 60,000 MT Achieved Rs 1,000 million from Gross Revenue from Operations

Commenced commercial production with a capacity of 30,000 MT Received “Gold Rating” from the Indian Green Building Council for achieving the green

building standards as per IGBC Green Factory Building Rating Technology

Entered into Double Lok® technical know-how agreement with NCI Group, Inc.

Incorporation and commencement of business of the Company

Crossed Rs. 4,500 million from Gross Revenue from Operations2015

2014

2013

2011

2010

2008

2009

10

Page 12: Pennar Engineered Building Systems Limited repeat order from MRF Tyres for extension of its ... Report mandated by the ... Consolidation of order and project management departments

PEBS - One of the Leading PEBS provider in India

11

Diversified Products and Solutions

Established Track Record for Timely Execution

Experienced Management & Strong Parentage

Robust Financial Performance

Strong Engineering Design Capabilities and Technological Tie-Ups

Page 13: Pennar Engineered Building Systems Limited repeat order from MRF Tyres for extension of its ... Report mandated by the ... Consolidation of order and project management departments

Diversified Products and Solutions

12

Pre-Engineered Buildings

• Custom designed and fabricated, available in large multi-dimensional spans

• Offer enhanced speed, flexibility and capable of withstanding weather changes

• Top PEBs built:

– Coal Storage Shed at Visakhapatnam;

– Factory Building at Khopoli, Odisha

– Warehouse Buildings at Dahej, Bangalore

Structural & High Rise Steel Buildings

• Comprising of steel and cement plants, multi-level car-parks, towers and high rise buildings

• Existing in-house capabilities for design and manufacture

• Installed two buildings:

– G+7 – Multi Storied Building

– G+10 – Multi Storied Building at Hyderabad

Design & Engineering Services

• Developing integrated and comprehensive engineering design solutions

• In-house engineering and design team comprising of 147 technical personnel (1)

• Design services out-sourcing agreement with a US based entity

Ability to offer diversified products and solutions makes Pennar a preferred partner by key customers

Solar Module Mounting Structures

• Design, supply and erect structures used for mounting solar modules

• Application in solar photo-voltaic plants, solar canal tops, solar roof tops, solar thermal plants and solar car parks

(1) As on June 30, 2015

Page 14: Pennar Engineered Building Systems Limited repeat order from MRF Tyres for extension of its ... Report mandated by the ... Consolidation of order and project management departments

PEBS Components

13

PEBS Components & Solutions

Primaries (Main Frame)

H sections

I beams

Secondaries

Purlins

Fascia channels

Eave Struts

Side runners

Claddings

Double-Lok ® roofing

Roof sheeting

Wall systems

Accessories

Fasteners

Walk doors

Louvers

Windows

Sky lights

Ridge ventilators

Roof & jack curbs

Niche Solutions

Green Buildings

Low Cost Housing

Building Systems

Double-Lok® Standing Seam Roofing with 10 years leak

proof warranty by PEBS Pennar

Purlins/Girts/Eave struts are pre-galvanized with 275 gsm.

Primary structures shot-blasted to Swedish standard SA

2.5 with epoxy primer

Continuous supervision at site during installation

Standard Trapezoidal Roof Sheeting

Purlins/Girts/Eave struts are Pre-galvanized with 120 gsm.

Primary structures with manual cleaning with alkyd primer

Periodic supervision at site during installation

Page 15: Pennar Engineered Building Systems Limited repeat order from MRF Tyres for extension of its ... Report mandated by the ... Consolidation of order and project management departments

Strong Engineering & Design Capabilities and Technological Tie-Ups

Award winning and experienced in-house design and engineering team of 147 technical personnel (1)

Technical arrangement with NCI Group Inc, USA for ‘Double Lok®’ Standing Seam Roofing System

– One of the few companies to offer leak-proof roofing systems in India

Out-sourcing agreement with USA based company which ensures:

– Exposure to the latest know-how, design and computer aided technologies

Licensed some of the latest and advanced software in CAD technology and manufacturing

Equipped to handle complex software to design complex custom designed structures

Provides design and engineering services for projects executed by others as well

14

Best pre-engineered building for

Ultratech Cement Factory, Kotputli, Rajasthan – CIDC

Vishwakarma Award, 2015

Certificate of commendation for a cold storage shed

at Kotputli, Rajasthan- INSDAG

National Award, 2014

Infrastructure company of the

year - Construction Week India Awards,

2013 (Runner up)

(1) As of June 30, 2015

Page 16: Pennar Engineered Building Systems Limited repeat order from MRF Tyres for extension of its ... Report mandated by the ... Consolidation of order and project management departments

Established Track Record for Timely Execution

Timely execution of more than 400 projects in 5 years across various sectors

Strong supply chain relationships, network of sales offices and building

contracts and integrated operations allows to consistently deliver projects in

an efficient and timely manner

Consolidation of order and project management departments into one

ensures operational efficiencies

Established relationships with materials suppliers like JSW Steel Ltd., Tata

Steel Ltd., Asian Paints and various vendors further strengthens the business

operations

Network of approved building contractors across India allows the Company to

provide end-to-end solutions

Repeat orders from 17 customers, including Ultratech Cements Ltd., Volvo

India Private Ltd., Larson & Toubro Ltd.

15

99 meter clear span building Largest building executed by a

PEBS player in India

Solar Mounting Structures

Multi-storied Building Processing Unit

Page 17: Pennar Engineered Building Systems Limited repeat order from MRF Tyres for extension of its ... Report mandated by the ... Consolidation of order and project management departments

Robust Financial Performance

16

Revenues & PAT EBITDA & Margin

Page 18: Pennar Engineered Building Systems Limited repeat order from MRF Tyres for extension of its ... Report mandated by the ... Consolidation of order and project management departments

Investor Contacts

17

Contact Details:

Pennar Engineered Building Systems Ltd.

Floor: 9, DHFLVC Silicon Towers

Kondapur, Hyderabad - 500 084, Telangana

CIN : U45400AP2008PLC057182

Investor Relations - [email protected]