Schneider Electric Infrastructure Limited has informed the Exchange about Investor Presentation
SEIL/Sec./SE/2023-24/18
May 24, 2023
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 Symbol: SCHNEIDER
The Secretary BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street MUMBAI 400 001 Fax # 022-2272 3121/2037/2039 Scrip Code No. 534139
Sub: Investor Presentation on Audited Financial Results for 4th quarter and the financial year ended March 31, 2023.
Dear Sir(s),
In continuation of our letter no. SEIL/Sec./SE/2023-24/15 dated May 20, 2023 regarding schedule of investor call, please find enclosed herewith the investor call presentation on the Company’s Audited Financial Results for the 4th quarter and financial year ended March 31, 2023, approved by the Board of Directors in their meeting held on May 23, 2023.
This presentation will be made available on the Company’s website i.e. infra-in.se.com/.
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 – Q4, FY 2022-23
Page 1
May 24, 2023
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 Meeting Q4, FY 22-23
| Page 2
2
Economy Outlook
GDP1 Forecast - 2023
GFCF2 Forecast - 2023
IIP3 Forecast - 2023
GDP real growth (YoY)
GDP CY Forecast
13.2
GFCF real growth (YoY)
GFCF Forecast
17.5
20.6
IIP Growth (YoY)
IIP Forecast
12.8
12.7
5.2
4.1
6.3
4.4
8.3
6.7
6 – 6.5
5.2
1.2
9.8
8.3
10.6
6.7 – 7.2
2.1
1.8
1.6
2.4
4.4
1 – 1.5
Oct- Dec’21
Jan- Mar’22
Apr- Jun’22
Jul- Sep’22
Oct- Dec’22
CY21
CY22
CY23P
Oct- Dec’21
Jan- Mar’22
Apr- Jun’22
Jul- Sep’22
Oct- Dec’22
CY21 CY22
CY23P
Oct- Dec’21
Jan- Mar’21
Apr- Jun’22
Jul- Sep’22
Oct- Dec’22
CY21
CY22
CY23P
Real GDP Growth Rate GDP CY’22 Q4 growth slowed down to 4.4% due to inflation, low private consumption & shrink in manufacturing
Capex Growth Rate GFCF CY’22 Q4 grew by 8.3% due to capex push by Government
IIP IIP CY’22 Q4 grew by 2.4% on account of IIP Electricity & Mining
• Q4 Construction grew by 8.4%; while Manufacturing de-grew by -1.1% on account of rising input costs
• CY’23 GDP projections: CRISIL 6%, RBI 6.2%,
World Bank 6.6%
• Q4 PFCE4 slowed significantly down to 2.1%
• Q4 GFCE5 de-grew by -0.8%
• Q4 IIP Electricity, Mining grew by 7.9% & 7.4%; while IIP Manufacturing slowed down to 0.9%
•
IIP likely to improve basis strong performance in 8 Core sectors (Jan’23 7.8%)
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 Projection numbers from CRISIL, RBI, World Bank
b. GFCF & IIP projections from CMIE
Segment Trends
Power & Grid
Metals, Mining & Minerals
Mobility
Cloud & Service Provider
Industry & Building
• Govt focus to ensure
DISCOMs release RDSS tenders
• Reduced export taxes on
• Huge capex under PLI
• Increasing cloud adoption
• Traction in energy Storage,
steel intermediates
Scheme for Li-ion battery & solar Panel manufacturing
supported by 5G
specialty Chemicals, fertilizers industry
• Prioritization of privatization & debt restructuring of DISCOM / Genco / Transco
• Bearish investments in
• All passenger trains to be
• Edge DC Investments
• Plant Expansion in F&B
cement industry
converted to Vande bharat Platform
Schneider Electric Infrastructure Limited Investor Meeting Q4, FY 22-23
| Page 4
Our Wins | Power & Grid
Leading Digitalization in one of the major Discoms of South India
Customer Challenges
Our Solution
Single vendor for RMUs & FRTUs – seamless integration with customer SCADA
Smart RMU
Uninterrupted power supply for major residential & commercial areas
Key Highlights
Repeat orders from end user resulting in highest RMU installed base
Schneider Electric Infrastructure Limited Investor Meeting Q4, FY 22-23
| Page 5
Our Wins | Metals, Minerals & Mining
Providing Seamless Integration with Plant SCADA to one of our Key MMM Customer
Customer Challenges
Our Solution
Optimized Power Distribution System with future scalability
Pix ROF Panels with Easergy Micom Relays & PM Meters
Seamless Integration with Plant SCADA
ENSET Panel with Wireless thermal sensors
Key Highlights
Robust power distribution infrastructure with enhanced safety, reliability & connectivity
Seamless integration of Relays and Meters with customer plant SCADA
Schneider Electric Infrastructure Limited Investor Meeting Q4, FY 22-23
| Page 6
Our Wins | Transportation
Proud Contributor to the first Regional Rapid Transit System Project in India
Customer Challenges
Our Solution
Stringent Delivery timelines
Smooth Coordination between SCADA Vendor and GIS Panel vendor
Supply of 33 KV GIS - Involving Testing and Commissioning of the panels
Integration of panels with SE Make SCADA
Key Highlights
Preference for upcoming 7 similar corridors planned to be executed till 2032 (~3000 MINR)
Schneider Electric Infrastructure Limited Investor Meeting Q4, FY 22-23
| Page 7
Our Wins | Cloud & Service Provider
Paving way for digitalization in India’s leading Data Centre company
Customer Challenges
Our Solution
HMI communication architecture required
Faster Delivery
PIX RoF
Smart RMU
Vijio designer Remote Operations handling Software
Key Highlights
Successful implementation of control & monitoring system (Ecostruxure Edge Control) for the 1st time in DC
Schneider Electric Infrastructure Limited Investor Meeting Q4, FY 22-23
| Page 8
Our Wins | Field Services
Leading Digital Transformation of prestigious Cement company
Helping extend asset life via relay retrofitting for major PSU
Customer Challenges
Our Solution
Customer Challenges
Our Solution
Reduce downtime and No business disruption
Ecostruxure Asset Advisor with Arc Flash Protection
Ageing of Assets requiring retrofit solution
Ecofit P3/P5 Modular Relay retrofit solution
Reduction of Fire risk and increase safety
Ecostruxure Transformer Expert
Electrical Digital Twin service using ETAP
Robust planning to reduce downtime
Key Highlights
Key Highlights
Successful execution of previous project created pull through for digitalization of 2nd ageing Transformer at site
Pilot project used as proof of concept for modular relay retrofitting
Schneider Electric Infrastructure Limited Investor Meeting Q4, FY 22-23
| Page 9
Catalyzing our Customer’s Digital Journey From Capex to Opex stage
Schneider Portfolio of Fully integrated Optimized Solutions
Maintain
Digital Services (SaaS) & Software
Operate
Edge control system
Apps, analytics and services
Edge control
Build
Natively connected equipment
Connected products
Asset Advisor
Power Advisor
Ecostruxure Transformer Expert
CRP + SAS
Power SCADA Operations
Power Monitoring Expert
Meters
Transformer
MV Panels
Arc Flash
Boost Digitization journey
Maximize Business continuity
Optimize Maintenance Operations
Condition Based Maintenance & predictive analytics
Customized insights reported
Dedicated Service Bureau experts
Schneider Electric Infrastructure Limited | Page 10 Investor Meeting Q4, FY 22-23
Penetrating Digital Across Segments
YoY Growth
~20%
~50%
Strong Value Proposition
Control & Monitoring System (Edge Control)
Software & Digital Services (SaaS)
Reduce maintenance cost, failure, unplanned downtime | Advanced analytics & continuous monitoring
Performance Drivers
End users seeking
• Resilient & Efficient operations
• Reduce dependency on staff for operations | Skilled Resources
• Single trusted partner for all sustainability goals
Strategic Actions
• Offer awareness | Value Proposition
• Penetration of Natively Connected offers
Leading to some of the major wins in
Power Distribution
Steel Production
Aluminum Production
• Consultative approach to drive customer’s digital & sustainability goals
Automotives
Metros
Refinery
Schneider Electric Infrastructure Limited | Page 11 Investor Meeting Q4, FY 22-23
Accelerating growth in emerging segments
OB
> 40% YoY
Way Forward
Industry & Building
Performance Drivers:
• Traction in energy Storage, specialty Chemicals,
fertilizers industry, Defense
• Industrial Expansion in Food & Beverage
Increase Digital offer awareness
Early engagement with End Users
360° coverage on focus projects
Cloud & Service Provider
Performance Drivers:
Provide complete digital & cyber-secure solutions
OB
>150% YoY
Way Forward
Strategic tie ups with OEMs and major contractors (EPCs)
• Increasing cloud adoption supported by 5G
• Investment in Hyperscale & Colo
Schneider Electric Infrastructure Limited | Page 12 Investor Meeting Q4, FY 22-23
Thought Leadership
Fire side chat with Adani Airports Business CEO on Airport Outlook & Strategies
Fire side chat with NIA CEO on Progress in Airport sector
Workshop on Best global practices in Energy Management with Bhutan utility
Discussion with TATA power DDL CEO on sustainable practices in utilities
Discussion with ex-DMRC director on Schneider’s goal to reach Net Zero
Launch of our study “Path to Decarbonization during Amrit Kaal”
Schneider Electric Infrastructure Limited | Page 13 Investor Meeting Q4, FY 22-23
FY 2022-23 at a Glance
+10.3% Orders
+16.1% Sales
Highlights
Strategic Levers
Highest ever Revenue & profit Since Inception
Accelerated Partner Growth Distributor & Panel Builder
+2.7 pts GM
+3.9 pts EBITDA
Consistent Profitable growth All 4 quarters
More Services Growth in Digital services
Positive Operating Cashflow ~ 950 MINR
Rapid growth in emerging segments Industry & Building | Cloud & Service Provider
+3.9 pts EBIT
+5.2 pts PAT
Loan reduction ~ 590 MINR
Schneider Electric Infrastructure Limited | Page 14 Investor Meeting Q4, FY 22-23
Orders
+10.6%
5,575
5,040
+10.3%
15,376
13,938
Q4 FY 22
Q4 FY 23
FY 22
FY 23
Good momentum in orders in all segments
OG Backlog up 15% vs March 2022
All figures in MINR
Schneider Electric Infrastructure Limited | Page 15 Investor Meeting Q4, FY 22-23
Sales
+20.7%
4,105
3,400
+16.1%
17,772
15,303
Q4 FY 22
Q4 FY 23
FY 22
FY 23
Good momentum in sales
Highest ever revenue in any year
All figures in MINR
Schneider Electric Infrastructure Limited | Page 16 Investor Meeting Q4, FY 22-23
P&L Statement – Q4 FY’23 Vs Q4 FY’22
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
Q4 FY23
Q4 FY22
MINR
4,105
39
4,145
2,602
1,542
586
308
649
51
598
143
454
6
448
%
1.0%
63.4%
37.6%
14.3%
7.5%
15.8%
1.2%
14.6%
3.5%
11.1%
0.1% 10.9%
MINR
3,400
31
3,431
2,439
992
508
284
200
43
157
130
27
26
1
%
0.9%
71.7%
29.2%
14.9%
8.3%
5.9%
1.3%
4.6%
3.8%
0.8%
0.8% 0.0%
YoY (%) Change
20.7%
+8.4pts
15.3%
8.4%
+9.9pts
17.9%
+9.9pts
10.1%
+10.3pts
+10.9pts
GM improvement due to RM cost normalization and better mix
All figures in MINR
Schneider Electric Infrastructure Limited | Page 17 Investor Meeting Q4, FY 22-23
P&L Statement – FY’23 Vs FY’22
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
FY23
FY22
MINR
17,772
122
17,894
12,085
5,808
2,359
1,651
1,799
185
1,614
530
1,083
(153)
1,236
%
MINR
15,303
%
3.0%
99
2.9%
68.0%
32.7%
13.3%
9.3%
10.1%
1.0%
9.1%
3.0%
6.1%
-0.9% 7.0%
15,402
10,814
4,588
2,104
1,525
960
173
787
485
302
26
276
70.7%
30.0%
13.7%
10.0%
6.3%
1.1%
5.1%
3.2%
2.0%
0.2% 1.8%
YoY (%) Change
16.1%
+2.7pts
12.1%
8.3%
+3.9pts
+3.9pts
9.4%
+4.1pts
+5.2pts
GM improvement due to RM cost normalization and better mix
All figures in MINR
Schneider Electric Infrastructure Limited | Page 18 Investor Meeting Q4, FY 22-23