TECHPRECISION CORP - FORM 8-K - EX-99.2 - EXHIBIT 99.2

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EX-99.1 - EXHIBIT 99.1 - TECHPRECISION CORP	ex99-1.htm
8-K - TECHPRECISION CORPORATION FORM 8-K - TECHPRECISION CORP	tcps8k.htm

Q4 FY12 Shareholder Conference Call

July 16, 2012

Safe Harbor Statement

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Any
statements set forth in this presentation that are not historical facts are forward-looking
statements that involve risks and uncertainties that could cause actual results to differ materially
from those in the forward-looking statements, which may include, but are not limited to, such
factors as unanticipated changes in product demand, increased competition, downturns in the
economy, failure to comply with specific regulations pertaining to government projects,
fluctuation of revenue due to the nature of project lifecycles, and other information detailed
from time to time in the Company filings and future filings with the United States Securities and
Exchange Commission. The forward-looking statements contained in this presentation are made
only of this date, and the Company is under no obligation to revise or update these forward-
looking statements.

Agenda

• Q4 Overview

• Q4 and FY 2012 Financial Detail

• Ranor Challenges and Responses

• Product Diversification

• FY13 Outlook

Q4 Income Statement

Consolidated Income Statement ($ in Millions except Shares & EPS)	Q4 2012	Q4 2011	FY 2012	FY 2011
Revenues	$6.1	$8.1	$33.3	$32.3
Gross Margin	0.03%	26.7%	15.3%	30.7%
Operating Income (loss)	$(2.8)	$0.4	$(3.4)	$4.7
Net Income (loss)	$(1.3)	$0.2	$(2.1)	$2.7
EPS - Diluted	$(0.07)	$0.00	$(0.13)	$0.12

• Legacy pricing and
operational issues at
Ranor with prototypes
or first-article products
contributed to lower
top line revenue and
bottom-line loss

• China ramp progressing;
particularly in the
Sapphire market sector

Revenue Distribution

Solar Production
from Q2
recognized in Q3

• Solar equipment revenues
decreased from ~50% to 20%
of total business

• WCMC division revenue was
$4.6-million from Solar
Customer(s) from 9-months of
volume production in fiscal
2012

• Ranor division missed its
internal revenue plan by ~$5-
million

• For FY2013; growth will be in
Medical, Defense, Nuclear and
Sapphire

• Medical and Sapphire expected
to be the largest year-on-year
growth sectors (% basis)

Q4 Income Statement

Consolidated Income Statement ($ in Millions except Shares & EPS)	Q4 2012	Q4 2011	FY 2012	FY 2011
Revenues	$6.1	$8.1	$33.3	$32.3
Gross Profit	$0.002	$2.2	$5.1	$9.9
Gross Margin	0.03%	26.7%	15.3%	30.7%
Operating Expenses	$2.8	$1.8	$8.5	$5.2
Operating (Loss) Income	$(2.8)	$0.4	$(3.4)	$4.7
Operating Margin	(45.9%)	5.0%	(10.2%)	14.7%
Net (Loss) Income	$(1.3)	$0.2	$(2.0)	$2.7
Net Margin	(21.3%)	2.5%	(6.0%)	8.3%
Weighted Average Shares - Basic	17.8	15.0	16.7	14.5
EPS - Diluted	$(0.07)	$0.00	$(0.11)	$0.12

Balance Sheet Highlights

($ in Millions)	March 31, 2012	March 31, 2011
Cash	2.8	7.5
Current Assets	16.3	17.7
Total Assets	24.0	22.9
Current Liabilities	6.1	4.1
Total Liabilities	11.9	9.3
Total Stockholders’ Equity	12.2	13.9

Long-Term Debt	March 31, 2012
Term Note	571,429
Series A & B Bonds	5,627,082
Capex Debt/Capital Lease	936,716
Total Long-Term Debt	7,135,227

Ranor Challenges and Transition

Moving the Ranor division from dominant single customer and repetitious
“production environment” of the previous 5+ years to larger-scale prototypes
which will evolve to volume products in Medical, Nuclear and Defense sectors

Bob Francis was hired to lead Ranor through the challenges and has
established a new senior management team to support the transition

Cultural improvements:
empowerment, teamwork,
accountability for all
management levels

Improve and enhance ERP
systems, reporting
functionalities and information
gathering capabilities

Maintain and enhance quality
and on-time shipments:
Delight our customers

Product Solution Strategy

• Historically the Company produced piece-part (highly competitive/less value-add to
customers) vs. product solutions (less competitive/more value-add to customers)

• Product Solution involves supplying the manufacturing engineering, large-parts,
small parts (mechanical and electrical) in a complete/tested solution

• Example: solar furnace “piece-part” vs. sapphire furnace “product solution”

Electro/Mechanical

Actuation Cylinder

Assembled and
Tested Assembly

Small Value-add
Parts (Completed
Assembly)

Support and Install
Frame (Completed
Assembly)

Sapphire Furnace

“Product Solution”

Solar Furnace

“Piece Part”

Strategic Production Solutions for Profitable Growth

NRC approved Nuclear Isotope and
Fissile (pending) Transport Casks

S250 Proton Beam

Cancer Treatment

(510k clearance)

Carbon Black

Furnaces

GDEB/BAE: Multiple
Confidential Virginia Class
Product Assemblies

Sapphire Furnaces

FY2013 Customer and Sector Pipeline

Alternative Energy:

Sapphire Pipeline: $6 - $12M

Solar Pipeline: $5 - $8M

Nuclear: $7 - $12M

Defense and Aerospace: $10 - $14M

Medical: $8 - $10M

Commercial Industrial: $3 - $6M

Current Backlog

(July 13th) $28.9-million

Served Markets: “Achieving Balance” in FY2013

FY2012: Single Product
Dependence and Risk

FY2013 Outlook:

Balance with Multiple Volume
Products

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