kirloskar brothers ltd. financial analysts meet … meet 2nd...kirloskar brothers ltd. financial...
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1This is a proprietary document of Kirloskar Brothers Ltd.
Kirloskar Brothers Ltd.
Financial Analysts Meet
Quarter 2
FY 2011-12
October 20, 2011
This is a proprietary document of Kirloskar Brothers Ltd.
COMPANYWIDE HIGHLIGHTS
22This is a proprietary document of Kirloskar Brothers Ltd.
• Continued focus on site closure and collection of Retention money
• Recovery kept higher than dispatch to avoid further debtors creation
• Focus continues on accepting project orders only where payment terms and
margins are as desired by KBL
• Irrigation projects put on hold in Andhra Pradesh due to the Telangana issue.
SECTOR HIGHLIGHTS
3This is a proprietary document of Kirloskar Brothers Ltd. 3This is a proprietary document of Kirloskar Brothers Ltd.
Irrigation:
• Received order from Orissa Lift Irrigation Corporation for the supply of 2,650
nos. 6" submersible pumps
Water:
• 200MLD New Suburban Sewage Pumping Station for Ahmedabad Municipal
Corporation commissioned.
• Commissioned 111MLD Raw water pumping station of Kerala Water Authority,
Cherthala.
• 90MLD clear water delivery system of PHED Bhopal commissioned.
• 125MLD WTP for Coimbatore Corporation commissioned.
• Bagged order from Tata Steel, Kalinganagar, Orissa, in spite of bidding 35%
more over L1 bidder due to thrust on LLC pumps during pre-tendering stage.
SECTOR HIGHLIGHTS
4This is a proprietary document of Kirloskar Brothers Ltd. 4This is a proprietary document of Kirloskar Brothers Ltd.
Power:
• Six sets of CW pumps for 2 x 800 MW Prairie State Energy Campus, Illinois, USA,
commissioned and handed over to Bechtel International.
• CW system for the 144 MW Delimara Power Station of Ene Malta Project of
BWSC, Germany, was pre-commissioned.
• Completed the civil and piping work of CW system for the 500MW Unit III NTPC
Simhadri, and for the 500MW Unit III NTPC Farakka, both plants dedicated to the
nation by Hon. Minister of Power on 29th Sept. 2011.
• Commissioned the CW system for 500MW Unit II NTPC, Jhajjar.
• Commissioned indigenous CV pumps for 2 CW pumps at Essar Salaya.
• KBL's 1st vertical Kaplan turbine for 1 x 3.5 MW Dhom, HEP synchronized to grid.
SECTOR HIGHLIGHTS
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Industry :
• Demonstrated the auto-prime to the PMC Project of Adani Port, Mundra.
Building & Construction:
• Received eight orders in FM/UL business during the last two months due to joint
efforts by KBL & KOEL.
Gas Oil & Defence:
• Successful completion of CF 113 petrol powered pumps for long duration field
trial at high altitude despite adverse conditions.
SECTOR HIGHLIGHTS
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Distribution & Customer Service & Support:
• Agriculture Segment launched "off season scheme" for dealers
• Appointed 15 new dealers in the Agriculture Segment in Q2
• Conducted twelve Mechanics Meets, Five Krishi Melas, One Puri Rath Yatra
and more than 180 road shows in partnership with our DSO's.
• Conducted twenty retailer meets, twenty four Plumber Meets , and more then
two hundred Canopy campaigns across the country
• Conducted dealers meet at Istanbul
FACTORY HIGHLIGHTS
7This is a proprietary document of Kirloskar Brothers Ltd. 7This is a proprietary document of Kirloskar Brothers Ltd.
Kirloskarvadi Factory:
• Approval for Manufacturing Plant by IRS
• Successfully completed performance testing of third Secondary Sodium Pump
• Cast Steel / Stainless Steel foundry capacity expanded from 50 to 100 tons
• Received Prestigious ENCON Awards:
CII Award for Energy Efficient Unit for Excellence in Energy
Best Renewable Energy Award
1st Runner up in Energy Conservation in Large Industry
MEDA 1st Prize for Energy Efficiency
8This is a proprietary document of Kirloskar Brothers Ltd.
KIRLOSKARVADI FACTORY HIGHLIGHTS
Large Pumps Division:
• Successfully executed the following:
5 Nos. BHR50, BHR35 for order in Portugal.
5 Nos. BHM 135 VT Pumps for Adani; India’s largest VT pump with 40000
m3/hr discharge
2 Nos Hydel Turbines for Rani Perunad
8 Nos pumps of GL,GH Series for ONGC offshore platform
.
Small & Medium Pumps Division:
• Developed high pressure high temperature KPDV 100/30 pumps for NPCIL, Tarapur
of value Rs. 32 million.
FACTORY HIGHLIGHTS
9This is a proprietary document of Kirloskar Brothers Ltd. 9This is a proprietary document of Kirloskar Brothers Ltd.
Dewas Factory:
• Opened sourcing office in Xian city, China.
• Inaugurated KANBAN system and held supplier conference at Shirval plant.
• Conducted O’Soji (5’S tool) at different Manufacturing & Foundry cells
• Achieved production of 9,000 pumps per month at Coimbatore Plant.
07.01.11
COIMBATORE FACTORY HIGHLIGHTS
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07.01.11
AHMEDABAD PLANT PROGRESS
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AHMEDABAD PLANT PROGRESS
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AHMEDABAD PLANT PROGRESS
FACTORY HIGHLIGHTS
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Kondhapuri:
• Received FM Approval certification for Gate Valves sizes 50-250mm
• Received Prestigious ENCON Awards:
Best Energy Conservation award in Kirloskar Group Competition (Small
Manufacturing Units) for the year 2010-11
2nd Prize in MEDA (6th state level) competition for the year 2008-09 (Small
& Medium Enterprise category)
3rd prize in MEDA (7th state level) competition for the year 2009-10
(Engineering category)
This is a proprietary document of Kirloskar Brothers Ltd.
COMPANYWIDE PENDING ORDERS
1515This is a proprietary document of Kirloskar Brothers Ltd.
Sector 1Q 2Q %
(Rs. In Crores) Jun-11 Sep-11
Irrigation (IRR) 1,463 1,424 50%
Water Resource Management (WRM) 356 353 12%
Power (POW) 854 790 28%
Gas, Oil & Defence (GOD) 120 125 4%
Industry (IND) 75 65 2%
Building & Construction (B&C) 20 27 1%
Distribution (DIS) 17 32 1%
Customer Service & Support (CSS) 44 27 1%
TOTAL 2,949 2,843 100%
16This is a proprietary document of Kirloskar Brothers Ltd. 16This is a proprietary document of Kirloskar Brothers Ltd.
HALF YEAR FINANCIALS - STANDALONE HIGHLIGHTS
Total sales are at Rs. 842 Crore as against Rs. 834 Crore in PY
All product sectors have crossed sales over Previous year
Share of own products has increased to 58% as against 55% in previous year Sept
2010
PBT has increased to Rs. 50 crores as against Rs. 36 crores in September,2010
CY PBT includes non operating income of Rs. 35 crores being profit on sales of
investment in Gondwana Engineering Ltd.
17This is a proprietary document of Kirloskar Brothers Ltd. 17This is a proprietary document of Kirloskar Brothers Ltd.
HALF YEAR KEY FINANCIALS - STANDALONE
( Rs in Crores )
Particulars
Sep-11 Sep-10 Sep-09
KEY FINANCIALS
Total Income 849 841 962 1,951
P B D I T 45 65 90 163
P B T 15 36 58 103
P A T 11 24 39 61
CASH PROFIT 26 38 51 91
KEY FINANCIAL RATIOS
P B I D T % AGE 5% 8% 9% 8%
P B T % AGE 2% 4% 6% 5%
R O C E % AGE 5% 8% 15% 12%
Period Ending Year Ended
Mar 31,
2011
Note: Figures of period ending Sept 2011 excludes profit on sale of investment Rs. 35 crores
18This is a proprietary document of Kirloskar Brothers Ltd.
HALF YEAR KEY FINANCIALS -CONSOLIDATED
18This is a proprietary document of Kirloskar Brothers Ltd.
( Rs in Crores )
Particulars
Sep-11 Sep-10 Sep-09
KEY FINANCIALS
Total Income 1,254 1,182 1,294 2,663
P B D I T 75 94 108 244
P B T 36 56 68 161
P A T 24 34 44 99
CASH PROFIT 45 54 59 145
KEY FINANCIAL RATIOS
P B I D T % AGE 6% 8% 8% 9%
P B T % AGE 3% 5% 5% 6%
R O C E % AGE 7% 10% 15% 16%
Period Ending Year Ended
Mar 31,
2011
Note: Figures of period ending Sept 2011 excludes profit on sale of investment Rs. 35 crores
19This is a proprietary document of Kirloskar Brothers Ltd.
THANK YOU