Technocraft Industries (India) Limited has informed the Exchange about Investor Presentation
Technocraft rndustries (India) Limited Registered office: Plot No. 47 "opus centre',, Second floor, central Road, opposite Tunga Paradise Hotel, MIDC, Andheri (East) Mumbai - 400 093, Maharashtra, I'ndia Tel: 4098 2222/2340; Fax No. 2835 6559; CIN: L28t 20}l1iLIIgg2pLC06s2s2 E-mail: investor@technocraftgroup.com ; website: www.technocraftgroup.com
February 15,2021
To, National Stock Exchange of India Ltd. Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai-400 051
Script Name: TIIL
Dear SirAyladam,
BSE Limited Listing Department, P.J. Tower lst Floor, Dalal Street, Fort, Mumbai - 400 001
Script Code: 532804
The presentation on the uhaudited F-inancial Results for quarter ended December 31,2020, for the analysts is enclosed.
Thanking You,
Yours faithfullv.
hnocraft Industries (India) Limitg
iRai
Compliance Officer and Company Secretary
Technocraft Industries (India) Ltd.
Q3 FY21 Results Investor Presentation
Disclaimer
This presentation and the following discussion may contain “forward looking statements” by Technocraft Industries (India) Ltd (“TIIL” or “the Company”) that are not historical in nature. These forward looking statements, which may include statements relating to future state of affairs, results of operations, financial condition, business prospects, plans and objectives, are based on the current beliefs, assumptions, expectations, estimates, and projections of the management of TIIL about the business, industry and markets in which TIIL operates.
These statements are not guarantees of future performance, and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond TTIL’s control and difficult to predict, that could cause actual results, performance or achievements to differ materially from those in the forward looking statements.
Such statements are not, and should not be construed, as a representation as to future performance or achievements of TIIL. In particular, such statements should not be regarded as a projection of future performance of TIIL. It should be noted that the actual performance or achievements of TIIL may vary significantly from such statements.
2
Index
• Financial Results – Consolidated & Segmental Performance
• Segment-wise Outlook
• Shareholding and Equity structure
3
Financial Results Overview
4
Consolidated Financials Revenues, EBIT & EBIT margin
40,000
35,000
30,000
25,000
20,000
15,000
10,000
5,000
-
Particulars
Income from Continuing Operations
EBIT (Before Exceptional Items) EBIT Margins
QoQ
Dec 19 32,722
5,653 17%
25%
100,000
90,000
20%
80,000
70,000
60,000
50,000
40,000
30,000
20,000
10,000
-
15%
10%
5%
0%
Dec 19
Dec 20
QoQ
Income from Ops
EBIT
EBIT Margins
Amount in INR Lakhs
9 Months
Dec 20 33,539
5,438 16%
Dec 19 100,197
15,318 15%
Dec 20 90,979
14,679 16%
20%
15%
10%
5%
0%
Dec 19
Dec 20
9 Months
Income from Ops
EBIT
EBIT Margins
5
Drum Closures Business - Volume
Sales Volume
Drum Closures (Lakhs Sets) (India + China)
Clamps (Lakhs Pcs)
Metal Capseals (Lakhs Pcs)
QoQ
Dec 19
Dec 20
103
71
41
107
59
36
Sales Volume
Drum Closures (Lakhs Sets) (India + China) Clamps (Lakhs Pcs)
Metal Capseals (Lakhs Pcs)
9 Months
Dec 19
Dec 20
303
216
129
309
164
138
120
100
80
60
40
20
0
350
300
250
200
150
100
50
0
Dec 19
Dec 20
QoQ
Dec 19
Dec 20
9 Months
Drum Closures (Lakhs Sets) (India + China)
Clamps (Lakhs Pcs)
Metal Capseals (Lakhs Pcs)
Drum Closures (Lakhs Sets) (India + China)
Clamps (Lakhs Pcs)
Metal Capseals (Lakhs Pcs)
6
Drum Closures Business - Financials
Consolidated Financials
Revenue EBIT RoCE
QoQ
Dec 19 9,253 2,475 61%
Dec 20 10,412 2,841 61%
Consolidated Financials
Revenue EBIT RoCE
12,000
10,000
8,000
6,000
4,000
2,000
-
70%
35,000
60%
30,000
50%
25,000
40%
20,000
30%
15,000
20%
10,000
10%
5,000
0%
-
Dec 19
Dec 20
Dec 19
Dec 20
QoQ
Revenue
EBIT
RoCE
9 Months
Revenue
EBIT
RoCE
INR Lakhs
9 Months
Dec 19 28,258 6,825 56%
Dec 20 29,436 9,000 64%
80%
70%
60%
50%
40%
30%
20%
10%
0%
7
Scaffoldings & Formworks Business - Volume
Despatch Volume
Scaffoldings (MT) (India + China) Formwork (MT)
QoQ
Dec 19
Dec 20
9704
1365
5611
1803
Despatch Volume
Scaffoldings (MT) (India + China) Formwork (MT)
9 Months
Dec 19
Dec 20
30704
4318
13569
3952
12000
10000
8000
6000
4000
2000
0
35000
30000
25000
20000
15000
10000
5000
0
Dec 19
Dec 20
Dec 19
Dec 20
QoQ
9 Months
Scaffoldings (MT) (India + China)
Formwork (MT)
Scaffoldings (MT) (India + China)
Formwork (MT)
8
Scaffoldings & Formwork Business - Financials
Consolidated Financials
Revenue EBIT RoCE
QoQ
Dec 19 12,177 2,891 21%
Dec 20 12,417 1,130 8%
Consolidated Financials
Revenue EBIT RoCE
INR Lakhs
9 Months
Dec 19 39,845 8,494 21%
Dec 20 31,603 2,913 7%
14,000
12,000
10,000
8,000
6,000
4,000
2,000
-
50%
45%
40%
35%
30%
25%
20%
15%
10%
5%
0%
45,000
40,000
35,000
30,000
25,000
20,000
15,000
10,000
5,000
-
Dec 19
Dec 20
Dec 19
Dec 20
QoQ
Revenue
EBIT
RoCE
9 Months
Revenue
EBIT
RoCE
30%
25%
20%
15%
10%
5%
0%
9
Textile Business - Volume
Sales Volume
Yarn - (MT) Grey Fabric (MT) Dyed Fabric (MT) Garments (Lakhs Pcs)
QoQ
Dec 19 3076 297 399 6
Dec 20 2662 636 540 5
Sales Volume
Yarn - (MT) Grey Fabric (MT) Dyed Fabric (MT) Garments (Lakhs Pcs)
9 Months
Dec 19 7687 778 1529 21
Dec 20 7465 1292 1320 9
3500
3000
2500
2000
1500
1000
500
0
30
9000
25
8000
7000
20
6000
15
5000
4000
10
3000
2000
1000
0
5
0
Dec 19
Dec 20
QoQ
Yarn - (MT)
Grey Fabric (MT)
Dyed Fabric (MT)
Garments (Lakhs Pcs)
Dec 19
Dec 20
9 Months
Yarn - (MT)
Dyed Fabric (MT)
Grey Fabric (MT)
Garments (Lakhs Pcs)
25
20
15
10
5
0
10
Textile Business - Financials
Consolidated Financials
Revenue EBIT RoCE
QoQ
Dec 19 10,624 -742 -7%
Dec 20 11,352 -118 -1%
Consolidated Financials
Revenue EBIT RoCE
INR Lakhs
9 Months
Dec 19 30746 -1482 -5%
Dec 20 27882 -1277 -5%
12,000
10,000
8,000
6,000
4,000
2,000
-
-2,000
Dec 19
Revenue
QoQ
EBIT
Dec 20
RoCE
0%
35,000
-1%
-2%
-3%
-4%
30,000
25,000
20,000
15,000
10,000
-5%
5,000
-
-5,000
-6%
-7%
0%
-1%
-2%
-3%
-4%
-5%
-6%
Dec 19
Dec 20
9 Months
Revenue
EBIT
RoCE
11
Engineering & Designing Services - Financials
Consolidated Financials
Revenue
EBIT
RoCE
QoQ
Dec 19
Dec 20
2347
2,329
97
14%
313
51%
Consolidated Financials
Revenue EBIT RoCE
INR Lakhs
9 Months
Dec 19 7104 24 1%
Dec 20 9178 1193 65%
2,500
2,000
1,500
1,000
500
-
70%
10,000
50%
8,000
30%
6,000
10%
4,000
-10%
2,000
-30%
-
Dec 19
Dec 20
Dec 19
Dec 20
QoQ
Revenue
EBIT
RoCE
9 Months
Revenue
EBIT
RoCE
80%
60%
40%
20%
0%
12
Drum Closures – Segment Outlook
• In-spite of the disruption in global supply chain caused due to Covid-19, the company witnessed increase in demand for company’s Drum closures during Q3- FY 2020-21 also. Demand for steel drums being essential products carrying medicines, food etc. continued to go up and this led to an increase in demand for Drum closures globally.
• Company had faced challenges due to the lockdown in India in labour, transport and port operations . In-spite of this, company has managed to post better revenue in Q3 of FY 2020-21 as compared to Q3 of FY 2019-20. Company’s net profits has been substantially higher on account of various cost reduction measures taken and improvement in operational efficiencies.
• Company’s China operation has been showing better results. • Overall, this segment is expected to continue generating similar revenues and profits. • No new capex is planned for this division in FY 2020-21 other than maintenance Capex.
13
Scaffoldings & Formworks – Segment Outlook
• Company had faced severe disruptions in demand and supply in this segment in the 3rd quarter of FY 2020-21 mainly due to worldwide lockdowns and also due to increase in prices of Steel, Zinc and ocean freights.
• By end of Q3 FY 2020-21, company has seen a recovery in US operations
with the opening up of construction sites and industrial projects.
• Company is seeing a gradual recovery in India operations but this is still
slow due to slackness in demand.
• Company feels that this division has strong prospects due to anticipated growth in Infrastructure and Affordable housing construction demand in India post Covid.
14
Textile products – Segment Outlook
• Company has made significant structural changes in this division. • Company’s Grey Cotton Yarn operations are now based in Amravati which is cotton growing area and has cost effective operations and has generated a In Murbad, company now produces only positive EBITDA in FY 2020-21. value added high margin products like Melange Yarn and Fabric. These are also generating a positive EBITDA in FY 2020-21.
• Overall, this division has now been re-engineered and all
loss making products and locations has been plugged and going forward company expect this division to generate profits.
15
Engineering Designing Services – Segment Outlook • Company’s Engineering design subsidiary, Technosoft has not seen any major disruption in its operations as it have been able to shift all staff to Work From Home(WFH) since mid-March itself. Company has observed a strong revival in demand.
• Company has also been able to sustainably improve the profitability of
this division due to cost restructuring .
• Going forward, company expect the demand for its services in this division to be significantly increasing due to the WFH trend globally and strong acceptance of company’s offshore global delivery model.
16
SHAREHOLDING & EQUITY STRUCTURE
Shareholding Pattern as on 31.12.2020
16.76
3.82
1.58
3.16
74.68
Promoters
Alternate Investment Funds
Foreign Body Corporate
Indian Body Corporate
Others Public
17
SHAREHOLDING & EQUITY STRUCTURE
Graph of Share Price movement over past 12 months (Jan 20- Dec 20)
TIIL Share Price on BSE
Sensex (Index of BSE)
400
350
300
250
200
150
100
50
0
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan 2020- Dec 2020
60000
50000
40000
30000
20000
10000
0
)
E S B
f o x e d n I (
x e s n e S
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E S B n o e c i r
P e r a h S L I I
T
THANK YOU
For any clarifications, pls contact:
Mr Anil Gadodia. Head – Finance. anil.gadodia@technocraftgroup.com
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