Pennar Engineered Building Systems Limited repeat order from MRF Tyres for extension of its ......
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Pennar Engineered Building Systems Limited
Investor PresentationQ3FY16
Disclaimer
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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.
Financial Performance Q3FY16
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1085.5 1105.6
1164.9
38.3
43.6
75.2
0
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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%
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Q3FY15 Q2FY16 Q3FY16
EBITDA (Rs in Mn) EBITDA Margin (%)
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.
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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.
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Recent Projects
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Company Overview
IOT Infra Dahej, Gujarat
Pennar Group Overview
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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
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)
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
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PEBS - One of the Leading PEBS provider in India
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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
Diversified Products and Solutions
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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
PEBS Components
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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
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
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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
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.
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99 meter clear span building Largest building executed by a
PEBS player in India
Solar Mounting Structures
Multi-storied Building Processing Unit
Robust Financial Performance
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Revenues & PAT EBITDA & Margin
Investor Contacts
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Contact Details:
Pennar Engineered Building Systems Ltd.
Floor: 9, DHFLVC Silicon Towers
Kondapur, Hyderabad - 500 084, Telangana
CIN : U45400AP2008PLC057182
Investor Relations - [email protected]