Pumps Market India Pumps Market – India April 2013
Executive Summary Market
Pumps find extensive application in numerous key sectors of the economy Pumps market in India is expected to witness robust growth driven by the agricultural sector owing to unpredictable monsoons
Drivers
Drivers & Challenges
Trends
Challenges
• Expansion in Infrastructure • Erratic Monsoon Climate • Fluctuations in Ground Water Level Fl t ti i G dW t L l • Rise in Population & Urbanization • Healthy Economic Outlook
• Agricultural Power Subsidy • Consumer Outlook Ri i C t f I t • Rise in Cost of Inputs
Solar Powered Pump Sets Market Consolidation Technology and Material Advancements Major Players
Competition
Company A
Company B
Company C
Company D
Company E
Company F
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•Macro Economic Indicators •Introduction •Market Overview •Market Overview •Pumps Market Sales Channel •Key Demand Sectors •Pumps Manufacturing Hubs •Key End User Hubs •Export ‐ Import •Export ‐ •Drivers and Challenges •Government Initiatives & Regulations •Trends •Competitive Landscape Strategic Initiatives Initiatives •Strategic •Appendix PUMPS MARKET IN INDIA 2013.PPT
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Macro Economic Indicators (1/3) GDP at Factor Cost: X INR tn 14
x1 y1
12
z1
x2 y2 z2
11
k1
k2
13
y4 z4
y3 z3
k4
k3
10 Q ‐
Q‐ 20‐‐
Q‐ 20‐‐
20‐‐
Q‐
20‐‐
Inflation Rate: Y % 1.0
x1
x3
08 0.8 0.6
x2
x4
x5
20‐‐
20‐‐
0.4 0.2 0.0
20‐‐
20‐‐
20‐‐
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Indian pumps industry is developing in a phased manner and caters to demand from diverse sectors Pumps Market Growth INR bn 150
Z%
100
x1
x2
x3
x4
x5
20‐‐
20‐‐
20‐‐e
20‐‐e
20‐‐e
x6
x7
20‐‐e
20‐‐e
50 0
Pumps Industry ‐ Replacement Market (20 Pumps Industry Replacement Market (20‐‐)) A
Pumps Market – Segments (20 Pumps Market Segments (20‐‐))
B
A
X%
B
X%
Y%
Y%
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Key Demand Sectors (1/9)
SAMPLE
A
X
Power Generation Installed Capacity GW
• Point 1 • Point 2 Point 2
250
x5 200
Y
150
x1
100
• Point 1 x3
50
Z
x6
x4 4
x2 0
A
B
C
D
E
F
• Point 1 P i 1
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Pumps manufactured in the domestic market are exported to more than x countries across the globe Exports 100% 80%
A1
A2
A3
A4
X1
X2
X3
X4
Y1
Y2
Y3
Y4
Z1
Z2
Z3
z4
20‐‐
20‐‐
20‐‐
20‐‐
100%
60% 40% 20% 0%
A
Imports 100% 80%
B
C
X1
X2
X3
X4
A1
A2
A3
A4
B1
B2
B3
B4
C1
C2
C3
C4
20‐‐
20‐‐
20‐‐
20‐‐
100%
60% 40% 20% 0%
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Drivers & Challenges – Summary
Drivers
Challenges
Expansion in Infrastructure f
Agricultural Power Subsidy
Erratic Monsoon Climate
Consumer Outlook
Fluctuations in Ground Water Level
Rise in Cost of Inputs
Rise in Population & Urbanization Healthy Economic Outlook
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Focus on infrastructure expansion will boost the requirement of pumps in the Indian market Expansion in Infrastructure
Impact
• Finding 1 • Finding 2 • Sub‐finding 1
• Finding 3
Investment Share in Infrastructure INR bn x2
60,000
Z%
50,000
A2
40 000 40,000 30,000 20,000 10,000 0
A B
x1 A1
B2
B1 X
Y PUMPS MARKET IN INDIA 2013.PPT
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Competitive Benchmarking (1/5) Public Trading Comparables (FY 20‐‐) Company 1
Company 2
Company 3
Company 4
Market Capitalization (INR mn)
‐
‐
‐
‐
Share Price (INR)
‐
‐
‐
‐
EV/EBITDA (x)
‐
‐
‐
‐
EV/Revenue (x) /
‐
‐
‐
‐
PE Ratio
‐
‐
‐
‐
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Public: Domestic Company – Company A (1/4) Company Information Corporate Address
Offices and Centres – India
Address
Tel No. Tel No.
91 ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ 91
Fax No.
91 ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
Website
website
Year of Incorporation
19‐‐
Ticker Symbol
‐‐‐‐‐‐
Stock Exchange
‐‐‐
Products and Services Products and Services Category
Head Office Products/Services
Key People Segment
Others
Product 1, product 2, product 3,………………….
,p ,p Product 1, product 2, product 3………
N Name
D i ti Designation
Person 1
Designation
Person 2
Designation
Person 3
Designation
Person 4
Designation
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Public: Domestic Company – Company A (2/4) Financial Snapshot i i lS h Total Income INR mn
K Key Ratios i Profit INR mn
Total Income Profit / Loss
10,000
y4
600
y3
y1
400
y2
5,000
x1
x2
20‐‐
20‐‐
x3
x4
20‐‐
20‐‐
200
0
0
Financial Summary
Particulars
y‐o‐y change 20‐‐ (20‐‐‐)
20‐‐
20‐‐
20‐‐
10.50%
0.01%
12.20%
Profitability Ratios Operating Margin Net Margin Profit Before Tax Margin Return on Equity Return on Capital Employed Return on Working Capital Return on Assets Return on Fixed Assets
0.43
10.93%
‐0.09 ‐0.46 ‐2.05 ‐4.30 ‐60.80
1.62% 1.71% 2.74% 3.20% 4.35% 6.40% 21.33% 25.63% 40.23% 101.03%
0.00% 1.43% 0.00% 2.64% 9.34% 5.74% 18.38% 28.49% 33.29% 67.80%
‐1.26 6.61
5.99% 60.90%
7.25% 7.88% 10.78% 54.28% 57.63% 78.70%
‐0.45
89.01%
89.45% 88.00% 87.69%
4.04
29.54%
25.50% 28.22% 21.61%
‐0 0.44 44
‐5 5.93% 93%
‐5 5.49% 49% ‐6 6.50% 50%
9.73% 247.59%
1.21 0.04
1.10 0.01
1.41 0.09
1.26 0.10
‐3.60% ‐1.51% ‐3.55%
1.38 0.58 ‐1.85
1.43 0.59 ‐1.92
1.54 0.61 ‐1.85
1.37 0.58 ‐2.61
7.63% ‐20.73% ‐27 27.96% 96% ‐61.80% ‐26.75%
5.54 0.55 0 63 0.63 3.66 1.12
5.15 4.81 6.39 0.69 0.66 0.88 0 87 0.87 0 81 0.81 1 12 1.12 9.58 2.78 5.51 1.53 1.15 1.68 Improved Decline
Cost Ratios
• The company earned a net profit of INR x mn in FY 20‐‐, as compared to net profit of INR y mn in FY 20‐‐ • The company reported total Income of INR x mn in FY 20‐‐ registering an increase of x% over FY 20 registering an increase of x% over FY 20‐‐ • The company earned an operating margin of x% in FY 20‐‐, a decrease of y percentage points over FY 20‐‐ • The company reported debt to equity ratio of x in FY 20‐‐, an increase of y% over FY 20‐‐
Financial Summary Indicators
Value
Market Capitalization (INR)
‐
Total Enterprise Value (INR)
‐
EPS (INR) PE Ratio (Absolute)
‐ ‐
Operating costs (% of Sales) Administration costs (% of Sales) Interest costs (% of Sales) Interest costs (% of Sales)
‐4 4.71% 71%
Liquidity Ratios Current Ratio Cash Ratio
Leverage Ratios Debt to Equity Ratio Debt to Capital Ratio Interest Coverage Ratio
Efficiency Ratios Fixed Asset Turnover Asset Turnover Current Asset Turnover Current Asset Turnover Working Capital Turnover Capital Employed Turnover
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Public: Domestic Company – Company A (3/4) Key Business Segments
Key Geographic Segments
X
Country 1
100%
50%
100%
100%
Company operates in X Segment
0%
50%
100%
Country 1 is the only geographic segment in which the company operates
0%
20‐‐
20‐‐
Business Highlights D Description i i
N News
Overview
• Company A is one of the major manufactures of X • Company entered into a collaboration with Company B and Company C and manufactured indigenously produced Y
Manufacturing Facilities
• Manufacturing facilities of the company include X equipped with x1 ,x2 , x3 ,x4 etc, x5 equipped with x6 , x7 , x8 , x9, x10 etc and x11 equipped with x12 facility upto fabricating larger frames upto y Tonnes • It also has y1, y2, y3, y4 units along with their y5 facilities
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