Schneider Electric Infrastructure Limited has informed the Exchange about Investor Presentation
Life Is C)n Sc~11eider t;,,El ectr ic
SEIL/Sec./SE/2022-23/53
November 4, 2022
The Manager Listing Department National Stock Exchange of India Ltd Exchange Plaza, Bandra Kurla Complex Bandra (East), MUMBAI 400 051 Fax # 022-2659 8237/8238/8347/8348
The Secretary BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street MUMBAI 400 001 Fax # 022-2272 3121/2037/2039
Symbol: SCHNEIDER
Scrip Code No. 534139
Sub: Investor Presentation on Unaudited Financial Results for 2nd quarter and half year ended September 30, 2022
Dear Sir(s),
In continuation of our letter no. SEIL/Sec./SE/2022-23/51 dated November 2, 2022 regarding schedule of investor conference call, please find enclosed herewith the copy of investor call presentation on the Company’s Unaudited Financial Results for the 2nd quarter and half year ended September 30, 2022, approved by the Board of Directors in their meeting held on November 3, 2022.
This presentation will be made available on the Company’s website i.e. www.schneider-infra.in.
We request you to kindly take the above on record.
Thanking you.
Yours Sincerely,
For Schneider Electric Infrastructure Limited
(Bhumika Sood) Company Secretary and Compliance Officer
Encl: As above
Schneider Electric Infrastructure Limited Corp. Office: 9th Floor, DLF Building No.10.Tower C, DLF Cyber City, Phase II, Gurgaon – 122002, India; Tel: +91 124 7152300; Fax.: +91 (0) 124-422 2036; www.schneider-infra.in
Regd. Office: Milestome-87, Vadodara - Halol Highway, Village Kotambi, Post Office Jarod Vadodara -391510, Gujarat; Tel: +91 02668 664300 Fax: +91 664621; CIN: L31900GJ2011PLC064420
Schneider Electric Infrastructure Ltd Investor Meeting – Q2, FY 2022-23
Schneider Electric Infrastructure Limited – Investor Presentation | Page 1
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November 4, 2022
Disclaimer
All forward-looking statements are Schneider Electric Infrastructure Limited (India) management’s present expectations of future events and are subject to numbers of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. . This presentation includes information pertaining to our markets and our competitive positions therein. Such information is based on market data and our actual sales in those markets for the relevant periods. We obtained this market information from various third party sources (industry publications, surveys and forecasts) and our own internal estimates. We have not independently verified these third party sources and cannot guarantee their accuracy or completeness and our internal surveys and estimates have not been verified by independent experts or other independent sources.
Schneider Electric Infrastructure Limited – Investor Presentation
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2
Economy Outlook
GDP grows in double digits on a low base
GDP1 Forecast - 2022
GFCF2 Forecast- 2022
IIP3 Forecast- 2022
■ - •-
GDP real growth (YoY)
GDP CY Actual-Forecast
20.3
62.5
■ - •-
GFCF real growth (YoY)
GFCF Forecast
■ - •-
IIP Growth (YoY)
IIP Forecast
8.5
5.4
4.1
13.5
8.3
Apr- Jun’21
Jul- Sep’21
Oct- Dec’21
Jan- Mar’22
Apr- Jun’22
CY21
6.8 - 7.2
-·
CY22P
14.6
2.1
5.2
20.2
17.5
8.5 – 9.5
Apr- Jun’21
Jul- Sep’21
Oct- Dec’21
Jan- Mar’22
Apr- Jun’22
CY21
CY22P
Apr- Jun’21
9.5
2.1
1.8
~
Jul- Sep’21
Oct- Dec’21
Jan- Mar’21
12.7
Apr- Jun’22
12.7
......
5 - 5.5
CY21
CY22P
44.4
\
Real GDP Growth Rate GDP CY’22’Q2 growth in double digits, due to base effect (Covid 2nd wave in 21)
Capex Growth Rate GFCF CY22’Q2 grew @20.2% due to government’s Capex boost
IIP Good growth due to electricity; crossed pre-pandemic levels
• CY22’Q2 Construction grew by 16.8%, Manufacturing
• GFCF reached 34.7% (of GDP), highest in 10 years
• CY22’Q2 IIP Electricity, Manufacturing & Mining grew
by 4.8% YoY
• CY22’Q2 PFCE4 grew by 25.9% v/s GFCE5 by 1.3%
by 17%, 13% & 9% respectively
• CY’22 GDP projections: Oxford Economics 6.8%,
YoY
CMIE 7.1%, Moody’s 7.2%
• Rural demand & exports may slow down in coming
quarters
1 Gross Domestic Product
2 GFCF: Gross Fixed Capital Formation
3 IIP: Index of Industrial Production
4 PFCE: private final consumption expenditure
5 GFCE: government final consumption expenditure Sources: a. CY22P GDP & IIP Projection numbers from Oxford Economics, CMIE & Moody’s
Schneider Electric Infrastructure Limited – Investor Presentation | Page 3
b. GFCF projections from CMIE
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Life Is <!>n Sc~'leider c, Electric
Segment Dynamics
Positive opportunities for growth in most segments
Power & Grid
Mobility
Metals, Minerals & Mining
Industry & Building
Cloud & Service Provider
Sustainability & Digitalization
Loss reduction with Smart
metering & AMI
Modernization with smart
products & SCADA/ ADMS
implementation
RDSS Alignment : Engage
with PFC & RFC
Focus on metro projects
Low investment due to
PLI* - boost to small industry
Capture more MV equipment
& ports
increased export duties on
Focus on Agro industry
opportunities in DC markets
Prescription for new
Steel products
Investments in Pharma and
Consultative selling via
Tunnel projects
Holcim - Adani Group
Hospitals
specialist
takeover | ongoing
projects on hold
Government policy push
through MeitY’s DC policy
Schneider Electric Infrastructure Limited – Investor Presentation | Page 4
* PLI - Production linked incentives
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Life Is <!>n Sc~'leider c, Electric
Our Wins | Power & Grid
Helping Bhutan build a robust power distribution system
Customer Challenges
Upgradation of ageing infrastructure
Reliable vendor for supply & services
Suitability to higher altitude
Our Solution
~
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Supply of 33kV & 11kV Package substations for secondary distribution network
Key Highlights
Superior execution helped in securing customer confidence
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Schneider Electric Infrastructure Limited – Investor Presentation | Page 5
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Our Wins | Cloud & Service Provider
Catering needs of Data centres to make a move towards digital future
Customer Challenges
Our Solution
Stringent delivery timelines
33KV GIS package
Speed of execution
Key Highlights
2nd consecutive order, after successful execution of 1st order
Schneider Electric Infrastructure Limited – Investor Presentation | Page 6
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Life Is <!>n Sc~'leider c, Electric
Our Wins | Metals, Minerals & Mining
Helping leading steel manufacturer become energy efficient
Customer Challenges
Digitally connected equipment with reduced down time
Power Distribution System with future scalability
Our Solution
Pix ROF with Easergy Micom Relays
Asset Connect Solution with TH110
Local monitoring connected with EMS
Key Highlights
Robust power distribution infrastructure with enhanced safety, reliability & connectivity
Seamless integration of Relays and Meters with plant SCADA / ILMS
Schneider Electric Infrastructure Limited – Investor Presentation | Page 7
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Our Wins | Industry & Building
Contributing to prestigious building of Government of India
Customer Challenges
Fully integrated Optimized Solution
Quick Delivery
Our Solution
MVT HT Panel RMU PSS (all connected products)
Key Highlight
Successful execution of order creating scope for services order (L2 & L3 products)
Schneider Electric Infrastructure Limited – Investor Presentation | Page 8
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Life Is <!>n Sc~'leider c, Electric
Our Wins | Services
Providing services to large IT company
Customer Challenges
Our Solution
EcoStruxure EcoStruxure Power Advisor Asset Advisor Bt..t1ld1ng Adv1so1
EcoStruxure
Achieving Net-Zero certification in campuses
SE Advisory softwares
Pan India supervision of critical equipment
Lack of data to initiate energy optimization plans & inefficient operation
Key Highlight
Scope for projects at 11 more customer sites pan India & some European sites
Recurring revenue for SEIL
Power I
EcoStruxure EcoStruxure Fc1cll1ty Expor: ogbook Digit
1 Expet1
ng
EcoStruxure Building Operation
~ Engg
Assets
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- • . .
. ..-. ~ • . ---
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Schneider Electric Infrastructure Limited – Investor Presentation | Page 9
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Life Is <!>n Sc~'leider c, Electric
Our Wins | Services
Bringing advancement in Transformer segment for predictive maintenance
Our Solution
EcoStruxure Transformer Expert (ETE)
Identified 150 potential sites
AURTR.t
TRANSFORMING POWER ASSET MANAGEMENT
Acquisition by SE Leveraging in India
Customer Challenges
Live monitoring of Critical Assets
Digitization & advance notification with Industry 4.0
Reduction of untimely shutdowns
Key Highlight
Successful execution of order creating scope for similar solution being employed in 15 transformers at customer sites
Schneider Electric Infrastructure Limited – Investor Presentation | Page 10
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Life Is <!>n Sc~'leider c, Electric
Accelerate Digital
l
a n r e
t x E
s r o
t c a
f
n o
t c a p m
I
s t n e m g e S
i
g n o g n O
s n o
i t c A
Regulation on cloud services: Local Cloud | Existing EAA Solution not deployable
Power & Grid Pilot for alternate solution to EAA planned with Global Team
Transportation Pilots in brownfield to influence Greenfield prescription
Metals, Mining & Mineral Collaboration with FS to boost digital services.
I&B & C&SP ~40% OB of I&B with Ecostruxure attribute
EAA deployment in India
Capex to Opex
Focused approach C&SP & I&B Segments
l
a
t i
i
g D
Biopharmaceuticals Ecostruxure facility expert Asset advisor Connected Pix-Rof
s n W
i
FMCG Asset Connect (Enable); Connected Transformer, HV & LV Switchboard Ester Oil (Green)
Steel Producer Asset Connect solution LV package
Smart City Unified Operation Center AVEVA Power meters
Life Is <!>n Sc~'leider c, Electric
Schneider Electric Infrastructure Limited – Investor Presentation | Page 11
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Increasing focus on Recurring services driven by Digital
Market Drivers
Increasing Customer expectations | Use of advanced Tech in Operations | Migration to Cloud
Digital & Consulting org Focus team on Digital & consulting services
Digital champions 9 sessions | >60% sales force Trained & certified
Sales incentives Reward schemes | Special booster on SIP – stretch targets
Install Base Tracking Improve recurring business | Recommend Digital contracts at renewal
Spares, Modernisation & others
Maintenance & Digital Contracts
-
Support System
~
Service Commercial (50+)
Service Rep (50+)
Cert Service Sub Contractors (30+)
CSS Engineers (60+)
Service project execution & Ecofit centre (40+)
Schneider Electric Infrastructure Limited – Investor Presentation | Page 12
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Life Is <!>n Sc~'leider c, Electric
Services Strategic Pillars
Vision 2025
Reinforce the Core
3.5X More Maintenance Contracts
1.5X Modernization Jobs
Increase Renewal / Capture Rate Greenfield Attachment
Target More Obsolete Assets
Accelerate Growth
5X Digital & Consulting services
2X Track to Order
1.5X More Spare Parts
Install base Coverage Spare Kits
1.5X Partner Business
Attachment with contracts Upgrade existing IB
Focus on IB tracking through multiple touch points
Partner program to cover diffused sites
Schneider Electric Infrastructure Limited – Investor Presentation | Page 13
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Customer Connect
LIVE Virtual Ministry Of Civil , Aviation : Airports
Ministry of Power, Puducherry: Distribulec
Ministry of Energy Dept, Karnataka : Distribulec
Innovation Day (Digitization & Sustainability), Kathmandu
Building sustainable Grids, Uttarakhand
Building sustainable grids, Guwahati
Building sustainable grids, Ladakh
Innovation Day, Dhaka
Virtual: Airport Masterclass with GMR
Schneider Electric Infrastructure Limited – Investor Presentation | Page 14
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Financial Update
Schneider Electric Infrastructure Limited – Investor Presentation |
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Life Is <!>n Sc~'leider c, El ectric
Orders
-3.2%
3,087
2,988
+11.6%
6,668
5,974
Q2 FY22
Q2 FY23
H1 FY22
H1 FY23
Q2 Orders drop due to shifting of some orders finalization to Q3, growth is driven by Diffused and MMM segment
All figures in MINR
Schneider Electric Infrastructure Limited – Investor Presentation |
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Sales
+39.5%
4,208
+34.3%
7,923
3,017
5,899
Q2 FY 22
Q2 FY 23
H1 FY 22
H1 FY 23
Good momentum in sales
All figures in MINR
Schneider Electric Infrastructure Limited – Investor Presentation |
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P&L Statement – Q2 FY23 Vs Q2 FY22
Sales
Other Income
Total Sales
Material Costs
Gross Margin
Employee Costs
Other Expenses
EBITDA
Depreciation
EBITA
Interest
Profit before Exceptional Items
Exceptional Items
Profit after Tax
Q2 FY23
Q2 FY22
MINR
4,208
51
4,259
2,951
1,308
632
437
239
40
199
145
54
-33
87
%
MINR
3,017
%
1.2%
35
1.1%
3,051
70.1% 2,074
31.1%
15.0%
10.4%
5.7%
0.9%
4.7%
3.4%
1.3%
-0.8% 2.1%
978
588
318
72
42
30
117
-87
0
-87
68.7%
32.4%
19.5%
10.5%
2.4%
1.4%
1.0%
3.9%
-2.9%
0.0% -2.9%
YoY (%) Change
39.5%
-1.3pts
7.5%
37.3%
+3.3pts
-4.6%
+3.7pts
23.1%
+4.2pts
+5.0pts
r
All figures in MINR
Material cost is increased due to RMI, hedging and material shortages
Exceptional items is mainly sales of Naini assets
Schneider Electric Infrastructure Limited – Investor Presentation | Page 18
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Life Is C9n I ~C~'leider
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P&L Statement – H1 FY23 vs H1 FY22
Sales
Other Income
Total Sales
Material Costs
Gross Margin
Employee Costs
Other Expenses
EBITDA
Depreciation
EBITA
Interest
Profit before Exceptional Items
Exceptional Items
Profit after Tax
H1 FY23
H1 FY22
MINR
7,923
56
7,978
5,409
2,570
1,196
840
533
88
445
251
193
-159
352
%
1.3%
68.3%
32.4%
15.1%
10.6%
6.7%
1.1%
5.6%
3.2%
2.4%
-2.0% 4.4%
MINR
5,899
48
5,947
4,053
1,894
1,090
737
67
84
-18
231
-248
0
-248
%
1.6%
68.7%
32.1%
18.5%
12.5%
1.1%
1.4%
-0.3%
3.9%
-4.2%
0.0% -4.2%
YoY (%) Change
34.3%
+0.3pts
9.8%
14.0%
+5.6pts
+5.9pts
9.0%
+6.6pts
+8.7pts
r
All figures in MINR
Exceptional items is mainly sales of Naini assets and modification of debt
Schneider Electric Infrastructure Limited – Investor Presentation | Page 19
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