Sterlite Technologies Limited Investor Presentation May 2015 www.sterlitetechnologies.com
2 www.sterlitetechnologies.com Disclaimer Certain words and statements in this communication concerning Sterlite Technologies Limited (“the Company”) and its prospects, and other statements relating to the Company’s expected financial position, business strategy, the future development of the Company’s operations and the general economy in India & global markets, are forward looking statements. Such statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements of the Company, or industry results, to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, changes in government policies or regulations of India and, in particular, changes relating to the administration of the Company’s industry, and changes in general economic, business and credit conditions in India. The information contained in this presentation is only current as of its date and has not been independently verified. No express or implied representation or warranty is made as to, and no reliance should be placed on, the accuracy, fairness or completeness of the information presented or contained in this presentation. None of the Company or any of its affiliates, advisers or representatives accepts any liability whatsoever for any loss howsoever arising from any information presented or contained in this presentation. Please note that the past performance of the Company is not, and should not be considered as, indicative of future results. Furthermore, no person is authorized to give any information or make any representation which is not contained in, or is inconsistent with, this presentation. Any such extraneous or inconsistent information or representation, if given or made, should not be relied upon as having been authorized by or on behalf of the Company. The Company may alter, modify or otherwise change in any manner the contents of this presentation, without obligation to notify any person of such revision or changes. These materials are confidential, are being given solely for your information and for your use, and may not be copied, reproduced or redistributed to any other person in any manner. The distribution of this presentation in certain jurisdictions may be restricted by law. Accordingly, any persons in possession of this presentation should inform themselves about and observe any such restrictions
Company overview www.sterlitetechnologies.com
4 www.sterlitetechnologies.com Sterlite Technologies: One of the leading global providers of solutions in telecom and power transmission Shares the same lineage Operates in 2 Sectors Global sales presence with as the Telecom & Power manufacturing locations in Vedanta Group* Business Lines Locations India, China & Brazil Of the global top 10 telecos Consolidated revenues Patents in USA, EU, India, China & Use Sterlite’s innovative solutions are from international markets* 53 more under consideration FY15 Net Revenues* FY15 Consolidated EBITDA* Full time Employee * As of FY15 consolidated numbers
5 www.sterlitetechnologies.com Our business verticals Telecom Power Products and Transmission Grid • Optical fibers & preform • Power conductors • 6 projects across 11 states • Fiber optic cables • HV/EHV cables won through competitive • Data Cables • OPGW bidding on BOOM basis Offering • System integration and • T&D engineering solution • 5000 km circuit FTTH solutions transmission lines and 3 substations • Europe, China and Middle • America, Middle East, Africa • India Key Markets East and Asia • Corning (US) and Prysmian • Apar Industries (India) and • Power Grid (India) and L&T Major (Italy) Midal (Middle East) (India) competitors • Revenue: 15,764 • Revenue: 14,730 • Revenue: 1,539 Key FY15 • EBITDA: 3,452 • EBITDA: 352 • EBITDA: 1,320 Financials (Rs. mn)* * Consolidated financials before inter-segment eliminations Proposed to be demerged Company Overview Telecom Business Power Business Demerger Update Financials Way Forward Appendix
6 www.sterlitetechnologies.com Global presence ensures proximity to our clients Manufacturing Locations Joint Ventures Sales Offices Telecom • China - 75%:25% with Tongguang for • China, India, Netherlands, Russia, • Optical Fiber (Capacity: 20 mn fkm) – drawing optic fiber South Africa, Turkey, UAE, UK Aurangabad(India) and Haimen, Jiangsu • Brazil - 50:50 JV with Conduspar for Province (China) fiber cabling • Optical Fiber Cable (Capacity: 8 mn fkm being increased to 15m fkm) – Silvassa (India) and Curitiba (Brazil) Capacity being increased to 15mn fkm • Structured data cables – Silvassa (India) Power Products • Conductors (Capacity: 1,60,000 tonnes) Silvassa (India) and Jharsuguda (India) • HV and EHV Cables Hairdwar (India) Services and Solutions Telecom • NFS Project execution in J&K Power Sales • 6 Grid projects across 11 states in India Manufacturing Market presence Company Overview Telecom Business Power Business Demerger Update Financials Way Forward Appendix
7 www.sterlitetechnologies.com Evolution from products to an engineering company Erstwhile Sterlite Industries Sterlite Optical Technologies renamed to Sterlite Technologies • JV with TG for fiber • Secured prestigious NFS facility in China project to implement end to end OF Network for • Incorporated • Optical fiber • Set-up of EHV power Defense services Copper telecom facility set-up at • Acquisition of power cables facility at cables Facility Aurangabad conductors business Haridwar • Added sixth UMTP project 1988 1995 2006 2012 2014 1993 2000 2010 2013 2015 • Demerger • Fiber optic cables • Demerger from • Commencement of • JV with Conduspar in Announced facility setup Sterlite Industries Grid business Brazil for fiber cable • Commissioned India’s first UMTP (in record 26 months) Company Overview Telecom Business Power Business Demerger Update Financials Way Forward Appendix
8 www.sterlitetechnologies.com STL offers a unique proposition Unique opportunity to participate in the growth of the telecom and power sector in India as well as globally Sterlite Technologies offers complete end to end solutions for high speed data transmission and high voltage power transmission Sterlite Technologies operates on a global scale – 20m fkm fully integrated optical fiber plant in India and 160,000MT for power conductors – capacities are well invested Full control over the value chain by way of backward integration allowing for significant cost advantage Underlying industry dynamics are very attractive – telecom led by the exponential growth in data consumption and power led by increase in per capita power consumption Strategic JV and tie ups with reputed partners globally led by a strong management team Company Overview Telecom Business Power Business Demerger Update Financials Way Forward Appendix
Telecom Business www.sterlitetechnologies.com
10 www.sterlitetechnologies.com Our telecom business Products Solutions Key Customers Infrastructure • Optical fibers & preform • System and network • Specialized team with • Global Telecom Service FTTH experience integration • Fiber optic cables • Internet Service Providers • End-to-end project • Build, Install, Own and • Structured data cables • MSO/CATV Operators Manage management • Dedicated Center of • Govt. of India agencies • Technology platform • Neutral access network Excellence deployment MPLS, Key metrics (FY 15) • Over 180,000 homes • Low loss to bend Insensitive GPON, DWDM, etc. connected across 8 • Fiber volumes 17.7m fKm Fibres • Core, metro and access major cities • OF Cable volume 7.7m fKm • For Long-Haul to Last Mile network communication • Consolidated revenue of Rs. • Network engineering, applications 15,764 mn Roll out, Integration • EBITDA of Rs. 3,452 mn and O&M Full control over the entire value chain Raw materials Preform Optic fiber OF cable Solutions • Silica & Power • Integrated • 16m fkm • Portfolio • High speed drawing India Core rod + catering to broadband • Certain natural cladding and 4m fkm diverse end networks gases in China use Company Overview Telecom Business Power Business Demerger Update Financials Way Forward Appendix
Recommend
More recommend
