Transformers And Rectifiers (India) Limited has informed the Exchange about Investor Presentation
Date: 10th August, 2021 Ref: TRIL/SECT/2021-22/NSE-BSE/COMPL/23
To, The Secretary BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Security Code : 532928
To, The Secretary National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra - Kurla Complex, Bandra (E), Mumbai - 400 051 Trading Symbol : TRIL
Dear Sir/Madam,
Sub: Presentation
With reference to the captioned subject, we send herewith Presentation of the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended on 30th June, 2021 pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Please take the same on your record.
Thanking you,
Yours faithfully, For Transformers and Rectifiers (India) Limited
Rakesh Kiri Company Secretary and Compliance Officer
Encl.: As above
T & R is one of the leading manufacturers of a wide range of transformers globally. Today T & R is second largest Transformer manufacturing company based on Capacity in India. It has capability to develop world class power, distribution, furnace and specialty transformers with world class infrastructure at three plants around the city of Ahmedabad (Gujarat, India). T & R is managed by a highly skilled and experienced team of approximately 1200 employees, who consistently ensure that each and every activity factors in an adherence to high quality benchmarks established by the organisation.
An ISO 9001:2015, ISO 14001:2015 & ISO 45001 : 2018 CERTIFIED
Q1 - FY 2021-22 - Presentation 10th August, 2021
DISCLAIMER
This presentation and the discussion that follows may contain certain words or phrases that are
forward - looking statements, based on current expectations of the management of Transformers and
Rectifiers (India) Limited or any of its subsidiaries and associate companies (“TRIL”). Actual results may
vary significantly from the forward-looking statements contained in this presentation due to various risks
and uncertainties. These risks and uncertainties include the effect of economical and political conditions
in and outside India, volatility in interest rates and the securities market, new regulations and
Government policies that may impact the businesses of TRIL as well as its ability to implement the
strategy.
The information contained herein is as of the date referenced and TRIL does not undertake any obligation
to update these statements. TRIL has obtained all market data and other information from sources
believed to be reliable or its internal estimates, although its accuracy or completeness can not be
guaranteed. This presentation is for information purposes only and does not constitute an offer or
recommendation to buy or sell any securities of TRIL. This presentation also does not constitute an offer
or recommendation to buy or sell any financial products offered by TRIL. Any action taken by you on the
basis of the information contained herein is your responsibility alone and TRIL or its Directors or
employees will not be liable in any manner for the consequences of such action taken by you. TRIL
and/or its Directors and/or its employees may have interests or positions, financial or otherwise, in the
securities mentioned in this presentation.
ISO 45001 : 2018
FINANCIALS - STANDALONE
P articulars (Rs. in Lakhs)
Q1 FY 2021-22
Q1 FY 2020-21
F Y
2020-21
Revenue from Operations (Gross)
21,319
11,517
72,686
Other Income
Total Income
Expenditure
Cost of Raw Materials
Employee Cost
Finance Cost
Depreciation
Other Expenditure
P rofit Before Tax
Less : Tax
Add: Other Comprehensive Income
PAT after Comprehensive Income
EBITDA
EBITDA Margin
PAT Margin
286
122
982
21,605
11,639
73,668
16,804
754
992
408
2,250
397
139
3
261
1,797
8.32%
1.21%
8,672
612
1,035
442
1,276
(398)
(155)
3
(240)
1,079
9.27%
-2.06%
54,774
2,602
4,492
1,767
8,959
1,074
379
6
701
7,333
9.95%
0.95%
ISO 45001 : 2018
Q1 FY 2021-22 RESULT HIGHLIGHTS
Q1 FY 2021-22
Revenue from Operations stood at Rs. 213.19 Cr increased by 85.11% as compared to Q1 FY 2020-21 due to execution export orders and better product mix.
EBIDTA stood at Rs. 17.97 Cr as compared to Rs. 10.79 Cr
during Q1FY 2020-21 due to better product mix.
ISO 45001 : 2018
FINANCIALS - CONSOLIDATED
P articulars (Rs. in Lakhs)
Q1 FY 2021-22
Q1 FY 2020-21
F Y
2020-21
Revenue from Operations (Gross)
21,699
11,476
74,208
Other Income
Total Income
Expenditure
272
110
960
21,971
11,586
75,168
Cost of Raw Materials
16,731
Employee Cost
Finance Cost
Depreciation
Other Expenditure
P rofit Before Tax
Share of profit/(loss) of associates and joint ventures Less : Tax
Add: Other Comprehensive Income
PAT after Comprehensive Income
EBITDA
EBITDA Margin
PAT Margin
814
1,027
449
2,513
437
-
152
3
288
1,913
8.71%
1.31%
8,430
664
1,061
485
1,492
(546)
(2)
(188)
3
(357)
1,000
8.63%
-3.08%
54,150
2,844
4,621
1,934
10,366
1,253
(2)
488
6
769
7,808
10.39%
1.02%
ISO 45001 : 2018
Q1 FY2021-22 RESULT HIGHLIGHTS Consolidated
Q1 FY 2021-22
Revenue from Operations stood at Rs. 216.99 Cr increased by
89.08% as compared to Q1FY 2020-21.
EBIDTA stood at Rs. 19.13 Cr as compared to Rs. 10.00 Cr
during Q1FY 2020-21.
ISO 45001 : 2018
OPERATIONAL PERFORMANCE
Particulars
Sales MVA Upto 220kV Above 220kV
Particulars
Sales Breakup - Customer Segment Utilities (SEBs, Rail and Utilities etc.) Industrial (incl. renewables) Exports (Incl. Third Party Exports - Utilities & Power) Total
Q1 FY 2021-22
Q1 FY 2020-21
FY 2020-21
1910 2000
1002 2620
10286 10286
Q1 FY 2021-22
Q1 FY 2020-21 In Crore % In Crore % In Crore %
FY 2020-21
111 52% 60 52% 345 47%
53 25% 52 45% 284 39%
49 23% 3 3% 98 13%
213 100% 115 100% 727 100%
ISO 45001 : 2018
Future Business
Orders on Hand - Rs. 1005 Cr as on 31st July, 2021.
Major Event during in Q1 2021-22.
We has been received status of Two Star Export house from Directorate General of Foreign Trade upgrading from one Star Export House..
We has received recognition from Power Grid Corporation of India Limited (POWERGRID). The Company has upgraded to Grade-A for Quality Inspection based on equipment performance.
In addition to orders on hand, we have participated in bidding process of state and central utilities for more than Rs. 700 Crs.
ISO 45001 : 2018
Outlook 2021-22
The Company’s operational activities were partially impacted during Q1 due to 2nd wave of COVID-19. However Company had been able to come out with good financial results in Q1 on YoY basis.
Even in situation of predicable 3rd wave of COVID-19, Company will stick to it’s initial financial outlook as indicated at the beginning of F Y. 2021-22.
REVENUE
Rs. 800-850 Crs.
EBITDA
10% to 12%
PAT
1% to 2%
ISO 45001 : 2018
STRENGTH
In-house technical & design capabilities
Design & engineering capabilities developed indigenously & in-house enabling the company to Design & engineering capabilities developed indigenously & in-house enabling the company to
achieve greater customization and cater to niche segments achieve greater customization and cater to niche segments
Designs structured so as to minimize the losses occurring within the transformer Designs structured so as to minimize the losses occurring within the transformer
Unique distinction of being approved by utilities for power transformers up to 400 kV class Unique distinction of being approved by utilities for power transformers up to 400 kV class
without any external technological support without any external technological support
Cost Advantage
components components
Backward integration providing timely & cost-effective access to critical raw material Backward integration providing timely & cost-effective access to critical raw material
Installation of new machines (oven) has helped reduce cycle time to manufacture transformers Installation of new machines (oven) has helped reduce cycle time to manufacture transformers
Manufacturing entire range of transformers including power generation, T&D, industrial and Manufacturing entire range of transformers including power generation, T&D, industrial and
certain special transformers certain special transformers
Wide product portfolio and customer base
One of the largest manufacturers of furnace transformers One of the largest manufacturers of furnace transformers
Preferred supplier to many utilities & industrial companies in India Preferred supplier to many utilities & industrial companies in India
Well positioned to move up the value chain
Exported transformers to countries such as England, Canada, U.A.E., South Africa, Saudi Arabia Exported transformers to countries such as England, Canada, U.A.E., South Africa, Saudi Arabia
& Indonesia & Indonesia
Manufacturing customized transformers & providing requisite on-site and after-sales service Manufacturing customized transformers & providing requisite on-site and after-sales service
support support
Robust business model with revenues split almost equally between utilities & industries Robust business model with revenues split almost equally between utilities & industries
In house capabilities and self reliance by way of backward integration. In house capabilities and self reliance by way of backward integration.
Supported with strong technical collaboration with ZTR for 765 Kv transformer & with Fuji for Supported with strong technical collaboration with ZTR for 765 Kv transformer & with Fuji for
400/765 KV reactors and 400 Kv generator transformer. 400/765 KV reactors and 400 Kv generator transformer.
KEMA, Netherlands BV, the world renowned short circuit testing laboratory, Successfully tested KEMA, Netherlands BV, the world renowned short circuit testing laboratory, Successfully tested
our 315 MVA, 400/220/33 kV, 3 phase autotransformer our 315 MVA, 400/220/33 kV, 3 phase autotransformer
ISO 45001 : 2018
PRODUCT PORTFOLIO
Distribution Transformers
Furnace Transformers
Power Transformers
Rectifier Transformers
Classification of transformers
Range
Types
Power Transformer
Upto 1200 kV class
Generator transformer, Unit Auxiliary transformers, Step up & Step Auto transformers, Dual Voltage Primary or Secondary Three winding transformers
Interconnecting
transformers,
down
Shunt Reactor
Upto 765 kV class
Reactors upto 765 kV class
Distribution Transformers
160 kVA and above
Furnace Transformers
105 kA and above
Earthing transformers, Three winding transformers, Step up & Step down transformers, Dual voltage Primary or Secondary
Arc Furnace, Submerged Arc Furnace transformers
Induction Furnace, Laddle Arc Furnace and
Rectifier Transformers
Upto 160 kA DC
For DC power sources for Melt and Chemical Industries
ISO 45001 : 2018
TESTING LAB FACILITY
INFRASTRUCTURE 1000 Sq. meter, 25 meter high test bay with shielding suitable for partial discharge measurements
Test Sources • 3000 kW 50/60 Hz Generator • 250kV Transformer for High Voltage
test
• 0-170kV Source Transformer for
losses measurement
• 1500 kW 200Hz Generator • 50 MVAr Capacitor Bank • 800kV Source Transformer
(provision to increase upto 100MVAr)
ISO 45001 : 2018
An ISO 9001:2015, ISO 14001:2015 & ISO 45001 : 2018 CERTIFIED
THANK YOU
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