KIRLOSBROSNSEQ4FY22May 25, 2022

Kirloskar Brothers Limited

10,327words
4turns
0analyst exchanges
0executives
Key numbers — 40 extracted
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Limited Corporate Relationship Department, 211rJ Floor, New Trading Ring, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai~400001 Dear Sir/Madam, (NSE Symbol~ KIRLOSBROS) National Stock Exchange o
rs 1954
ugal Pump 1926 Diesel Engine 1927 Electric Motor 1940 Lathe 1942 Reciprocating Compressors 1954 Concrete Volute Pump 1995 Magnetic Drive Pump 2000 Tamper-proof Release Valve 2010 API Driv
22 MW
(528,000 US GPM) Valves for industrial and large-scale applications Hydel turbines Pumps up to 22 MW (30,000 HP) Pump Head up to 3,200 m (4,539 psi) Oil & Gas Marine & Defence Bldg. & Const. S
10MW
ry Nuclear Low Tension (LT) induction motors up to 315 frame Pico and Mini Hydel Turbines (3KW-10MW) EPC Capabilities Lowest Life Cycle Cost LLC™ pumps world-wide Our Innovative Solutions Enric
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a GM and Head of the Product Portfolio Management at KBL. Prior to KBL, worked with Polaris Partners ,a Boston based VC firm as well as Visterra Inc., an MIT biotech start-up company. • Also on the Boa
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20%
l Environmental • Owned renewable energy sources such as solar power and wind power contribute to 20%-30 % of the total electricity consumption • Set target of reducing energy consumption by 2% year
30 %
vironmental • Owned renewable energy sources such as solar power and wind power contribute to 20%-30 % of the total electricity consumption • Set target of reducing energy consumption by 2% year on ye
2%
te to 20%-30 % of the total electricity consumption • Set target of reducing energy consumption by 2% year on year Plants CII GreenCo rated ~~j ~ Social Social Enriching Lives ~ Governance
35%
Social Responsibility Enriching Lives All-women operated manufacturing facility in Kaniyur and 35% women workforce in Sanand factory is a testimony to the importance that it bestows towards gender
15%
Order, Engineered to Order, EPC and Services. 22 …And Improving Product Mix Enriching Lives 15% 14% 28% 43% 13% 17% 24% 47% 8% 16% 26% 7% 18% 24% 50% 51% 54% 15% 12% 20% FY201
Guidance — 7 items
Turbines
opening
Supplied primary and secondary sodium pump to Bhavini and specialised pump sets for the ITER (International Thermonuclear Experimental Reactor) project in France, the world's largest magnetic confinement plasma physics experiment.
Investor Relations Advisor
opening
• Old Project Closures – 4 Physical and 12 Financial closures achieved in the Financial Year 2021- 22.
Investor Relations Advisor
opening
Sector Highlights • Water & Irrigation: o Order received to supply 350 plus vertical turbine pumps, as well as received a valuable project order from Public Health department in North India o YoY order intake growth of 33% as compared to FY21 o This sector witnessed an increase in FY22 sales by 16% as compared to FY21 Sales • Building & Construction: o The sector has performed well wherein sales increased by 55% over FY21 corresponding period.
Investor Relations Advisor
opening
• Export Excellence Cell o Bagged orders to supply 10 nos large split casing pumps for water supply projects in Israel, 47 nos split casing pumps & 5 vertical turbine pumps for a project in Malaysia and 20 nos split casing pumps for a water supply project in the Middle East.
Investor Relations Advisor
opening
The orderbook as of FY22 stood at ₹ 2,470 crores, which does not include orders for made to stock products such as retail and Agri pumps that contribute substantially to the top-line, comfortably providing revenue visibility for the short and medium-term.
Investor Relations Advisor
opening
The company expects a strong recovery in the retail segment on account of a good monsoon forecast and improving consumer sentiments.
Investor Relations Advisor
opening
The robust orderbook provides strong revenue visibility going forward.
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Risks & concerns — 4 flagged
Standalone EPS without the impact of this provision is ₹ 13.01 for FY 2021-22 as against ₹ 12.25 for FY 2020-21.
Investor Relations Advisor
The company has also implemented cost reduction initiatives to contain the rising cost pressure.
Investor Relations Advisor
The turnaround which was witnessed at the key international subsidiaries for FY21 faced some impact of THB and GBP currency devaluation, a sharp increase in input costs and the geopolitical events, affecting the profitability in FY22.
Investor Relations Advisor
The Dutch operations are on the cusp of recovery after witnessing a sluggish demand scenario driven by an overall pandemic led slowdown and increased competitive intensity.
Investor Relations Advisor
Speaking time
Pumps
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Turbines
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Opening remarks
Turbines
• API 611 Steam turbines • Non-API Saturated Steam Turbine • Hydraulic Power Recovery Turbine (HPRT) Markets Catered Industries Catered Enriching Lives K~PL Strategy ✓ Expand Services offering across the geographies catered ✓ Leverage proven track record and approvals with customers to increase the market share ✓ Improve margin profile and profitability through cost leadership ✓ Maintain the robust order book trajectory Indian Subcontinent Europe CIS Countries South-East Asia • • • • • Middle-East • Oil & Gas (Downstream – Refinery, Pipelines and Depots) LPG and LNG Bottling Plants Fertilizers Power • • • • Nuclear Energy • Cogen Power Plants 42 Kirloskar Ebara Pumps Limited Enriching Lives Revenue (Rs. Crores) EBITDA (Rs. Crores) PAT (Rs. Crores) 223.4 44.5 28.5 158.9 164.1 160.9 180.4 34.9 36.6 17.5 19.0 18.4 20.3 7.7 8.0 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 EBITDA Margin (%) PAT Margin (%) 21.3% 20.3% 19.9% 11.2% 11.2% 12.8% 11.0% 11.8% 4.9% 5.0
Investor Relations Advisor
CIN: L29113PN1920PLC000670 CIN: U74140MH2010PTC204285 Mr. Chittaranjan Mate Email: Chittaranjan.Mate@kbl.co.in T: 020 2721 1147 www.kirloskarpumps.com Mr. Chinmay Madgulkar / Mr. Jigar Kavaiya E: chinmay.m@sgapl.net / jigar.kavaiya@sgapl.net T: +91 9860088296 / +91 9920602034 www.sgapl.net Enriching Lives I .Investor Release Kirloskar Brothers Limited Announces Q4 & FY22 Results ✓ FY22 consolidated revenue and gross profit grew by 13 % and 7% respectively on a YoY basis ✓ Strong consolidated orderbook of ₹ 2,470 crores (16% YoY growth) Pune, May 25, 2022: Kirloskar Brothers Limited (KBL) (NSE: KIRLOSBROS; BSE:500241), announced its financial results for the quarter and financial year ended 31st March 2022. Particulars (In ₹ Crores) (Consol.) Q4 FY22 Revenue Gross Profit EBITDA EBITDA Margin % Profit After Tax (PAT) PAT Margin % EPS (in ₹) 954.0 427.3 98.3 10.3% 47.0 4.9% 6.86 Q4 FY21 858.8 428.4 110.6 12.9% 78.1 9.1% 10.44 YoY% 11.1% -0.3% -11.1% -258bps -39.9% -418bps -34.3% FY22 3057
For more information please contact
• Enriching Lives Kirloskar Brothers Limited CIN: L29113PN1920PLC000670 SGA Strategic Growth Advisors Strategic Growth Advisors Pvt. Ltd. CIN: U74140MH2010PTC204285 Mr. Chittaranjan Mate Email: Chittaranjan.Mate@kbl.co.in Mr. Chinmay Madgulkar / Mr. Jigar Kavaiya Email: chinmay.m@sgapl.net / jigar.kavaiya@sgapl.net Contact no.: +91 9860088296 / +91 9920602034
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