Schneider Electric Infrastructure Limited has informed the Exchange about Investor Presentation
SEIL/Sec./SE/2021-22/63
February 11, 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 3rd quarter and nine months ended December 31, 2021
Dear Sir(s),
In continuation of our letter no. SEIL/Sec./SE/2021-22/61 dated February 4, 2022 regarding schedule of investor call, please find enclosed herewith the copy of investor call presentation on the Company’s Unaudited Financial Results for the 3rd quarter and nine months ended December 31, 2021, approved by the Board of Directors in their meeting held on February 10, 2022.
This presentation is 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 Limited FY 2021-22 | Q3 11th Feb 22
Schneider Electric Infrastructure Limited – Investor Presentation
Disclaimer
All forward-looking statements are Schneider Electric Infrastructure Limited (India) management’s present expectations of future events and are subject to a number 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 the 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
Page 2
2
Stable but tepid growth predicted for Q4’22
GDP1 Forecast
GFCF2 Forecast
IIP3 Actuals
GDP growth
20.1
GFCF growth
55.3
IIP
27.6
8.4
1.6
4.3
2.1
10.9
11.0
13.8
11.5
12.0
0.3
-3.0
3.3
4.0
1.4
Mar’21
June’21
Sep’21
Dec’21P
Mar’22P
Mar’21
June’21
Sep’21
Dec’21P
Mar’22P
May’21
Jun’21
Jul’21 Aug’21 Sep’21 Oct’21
Nov’21
Real GDP Growth Rate GDP grew by 8.39% YoY in Q2’22 on last year’s low base, showing signs of modest recovery of the economy
Capex Growth Rate GFCF grew in Q2’22 by 11.01% on low base of Q2’21, also on account of Govt’s investment in infrastructure
IIP Actuals IIP rose by 3.2% in Oct’21, on account of slow growth in manufacturing & electricity
Sluggish growth in manufacturing - supply side issues & high commodity prices | Pvt consumption yet to pick up | Union Budget focus on Stimulating Capex (+35.4% allocation) | Gati shakti received 1st Outlay of 20K Crs for 2022-23
Schneider Electric Infrastructure Limited – Investor Presentation |
Page 3
1 Gross Domestic Product
2 GFCF: Gross Fixed Capital Formation
3 IIP: Index of Industrial Production
Projections as per CMIE, and Economic Survey ; growth nos. YoY
* IMF World Economic Outlook
Segment Overview
Power & Grid
MMM
Transportation
Cloud & Service Provider
• Grid Digitization & modernization
• Urbanization – EV infra | Smart Cities
• Renewables & Storage management
• Continued focus on Renewable Domain
•
•
‘Make in India’ with local content > 60%
100 Mn Smart prepaid meters by 2023
• Strong Capex cycle in Cement & Steel
• Metro:Tie2 Cities expansion & digitization
• DC Markets to expand @ 12% CAGR
• Decarbonization & Sustainability
• Rail: High Speed Rail; Smart coaches
•
Investment in Colocation facilities
• Privatization of mining
• Govt investment in Railway modernization
• Rise in cloud adaptation
• Strong Capex cycle in Cement & Steel
and Urban Transportation projects
• Decarbonization & Sustainability
• Customer acceptance on Digital
solutions
• Slow Govt investment in Airport projects
• Focus on privatization of airports
•
•
5G Deployment
4X Internet Penetration
Schneider Electric Infrastructure Limited – Investor Presentation |
Page 4
Accelerating on our strategic Priorities
More Digital Building on Connected Products Portfolio & Leading solutions with Software
More Services More digital services & Modernization jobs to Leverage Install base
Increase Coverage
Building & Supporting Robust Partner Network
Accelerate segments Segment focused approach with newly realigned organization
Green MV Green Future with SF6 Free Switchgear
Schneider Electric Infrastructure Limited – Investor Presentation |
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5
More Digital | Our Wins
Leading Digitalization for State Distribution utility
Customer Challenges
Customer was looking for best in class Quality highly reliable and cost-effective product.
System Improvement & Implementation of 24 X 7 Power Supply in Nation Capital
Digital Control & Monitoring via SCADA
Our Solution
Success Factor
Smart & Connected RMU
Strong connect with Customer and Prescription activity to
have edge over competition
Early identification of the Opportunity and presentation of
SE solution to implement Smart RMU
Prescription activity to create preference for SE products & offering. The efforts were for a period of One year from the prescription stage to order stage
300+ Nos Order already booked and executed in 2021
Edge control
Connected products
Smart RMU
Continuous Robust relationship with end user resulting in repeat orders
Schneider Electric Infrastructure Limited – Investor Presentation |
Page 6
More Services | Our Wins
24 x 7 remote monitoring for ~10 substations
Customer Challenges
Ageing installed base
Continuous monitoring of Critical assets
Technology oriented customer focused on safety, less shutdowns wanted to upgrade to latest technology
Our Solution
Success Factor
Ecostruxure Asset Advisor – Predictive
Asset Advisor for temperature and environmental condition Monitoring
Technical Offer was key differentiation as it is fulfilled the customer’s need by increasing system reliability and availability
Ongoing relationship with customer
helped to win the contract
Apps, analytics and services
EcoStruxure Asset Advisor Predictive
Connected products
Connected Switchgear panels along with Sensors
Modernization with EAA-Predictive for reliability & down time reduction
Schneider Electric Infrastructure Limited – Investor Presentation |
Page 7
Increase Coverage | Our Wins
CIB Segment order for Township project in North India
Customer Challenges
Our Solution
Critical Delivery within 8 weeks SE’s LP approval 1st time in state
Technically compliant & Quality product within restricted budget
Success Factor
Strong approach and Influence at End
Showcasing offer and assuring
customer
quality
Assure Strict timelines for delivery as
SE influenced at DISCOM for
per customer need
approval
Collaborative work amongst
different sales
Approval for all future solar projects by this Govt Generation & distribution company
FBX RMU
Schneider Electric Infrastructure Limited – Investor Presentation |
Page 8
Customer Success Stories
Bhutan Power Corporation
State transmission utility customer
Peak Demand growing steadily, x 2 in last 10 yrs
Upgradation of ageing infrastructure
SE is Energy partner to Electrify Bhutan
Digitizing state utility for high efficiency
Constant Engagement for successful project execution
Close customer connect through multiple projects
SE team provided continuous remote support during strict Covid restrictions
Strengthening of transmission and associated distribution networks
Solution for challenging altitude of 1500M – 2500M
Optimized Medium Voltage solutions as per customer need
Schneider Electric Infrastructure Limited – Investor Presentation |
Page 9
Optimum digital solutions
Service Support
Microgrids - New Energy Landscape
Energy Landscape changing from centralized to distributed generation
Consumer Prosumer
Locally produces & consumes energy
The UN Climate Change Conference in Glasgow (COP26)
ESG Consideration
Science Based Targets initiative (SBTi) drives ambitious climate action in the private sector
RE100 is a global initiative bringing together the world's most influential businesses committed to 100% renewable electricity
Distributed Energy Resources
Related Goals
Target Segments
MMM
Oil & Gas
Buildings Hospitality Healthcare
Transportation
Our Offers
Consulting Software | hardware Expertise Partner network
Schneider Electric Infrastructure Limited – Investor Presentation |
Page 10
Financial Update
Schneider Electric Infrastructure Limited – Investor Presentation |
Page 11
Page 11
Orders
+74.8%
2,924
1,673
+43.6%
8,897
6,197
Q3 FY 21
Q3 FY 22
9M FY 21
9M FY 22
Good momentum in orders lead by MMM, Mobility and Diffused segments
Major orders from Linxon, Torrent, GE T&D, Bhutan Engg. BSES, etc.
All figures in MINR
Schneider Electric Infrastructure Limited – Investor Presentation |
Page 12
Sales
+27.1%
6,005
4,723
+13.4%
11,903
10,500
Q3 FY 21
Q3 FY 22
9M FY 21
9M FY 22
Good momentum in sales
Major sales to Bhutan Engg, BSES, GE T&D, etc..
All figures in MINR
Schneider Electric Infrastructure Limited – Investor Presentation |
Page 13
P&L Statement –Q3 FY’22 Vs Q3 FY’21
Sales
Other Income
Toal Sales
Material Costs
Gross Margin
Employee Costs
Other Expenses
EBITDA
Depreciation
EBITA
Interest
Profit before Exceptional Items
Exceptional Items
Profit after Tax
Q3 FY'22
Q3 FY'21
MINR
6,005
20
6,024
4,322
1,702
506
504
693
45
648
124
524
0
524
%
0.3%
72.0%
28.3%
8.4%
8.4%
11.5%
0.7%
10.8%
2.1%
8.7%
0.0% 8.7%
MINR
4,723
19
4,742
3,292
1,450
460
488
502
50
452
119
333
0
333
%
0.4%
69.7%
30.7%
9.7%
10.3%
10.6%
1.1%
9.6%
2.5%
7.1%
0.0% 7.1%
YoY (%) Change
27.1%
-2.3pts
10.0%
3.2%
+0.9pts
-10.2%
+1.2pts
4.7%
+1.7pts
+1.7pts
Material cost impacted by RM inflation, supply chain issues and mix
All figures in MINR
Schneider Electric Infrastructure Limited – Investor Presentation |
Page 14
P&L Statement –9M FY’22 Vs 9M FY’21
Sales
Other Income
Toal Sales
Material Costs
Gross Margin
Employee Costs
Other Expenses
EBITDA
Depreciation
EBITA
Interest
Profit before Exceptional Items
Exceptional Items
Profit after Tax
9M' 22
9M' 21
MINR
11,903
%
MINR
10,500
%
68
1.1%
75
1.6%
YoY (%) Change
13.4%
11,971
8,375
3,596
1,596
1,241
759
129
630
355
276
0
276
70.4%
30.2%
13.4%
10.4%
6.4%
1.1%
5.3%
3.0%
2.3%
0.0% 2.3%
10,574
7,259
3,315
1,366
1,188
761
167
594
369
226
123
102
69.1%
31.6%
13.0%
11.3%
7.2%
1.6%
5.7%
3.5%
2.1%
1.2% 1.0%
-1.4pts
16.8%
4.5%
-0.9pts
-0.4pts
-3.8%
+0.2pts
+1.3pts
Material cost impacted by RM inflation, supply chain issues and mix
All figures in MINR
Schneider Electric Infrastructure Limited – Investor Presentation | Page 15
Schneider Electric Infrastructure Limited – Investor Presentation Schneider Electric Infrastructure Limited – Investor Presentation
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