Atul Auto Ltd · NSE:ATULAUTO
Atul Auto — Investor Presentation (November 2024)
23 slides from Atul Auto's investor presentation, November 2024
Slide 1: Corporate Presentation
CORPORATE 4 TH C O F F E E PRESENTATION
Slide 2: Disclaimer
Disclaimer This presentation contains certain forward looking statements regarding future events and future results of Atul Auto Limited (the company), that are based on the current expectations, estimates, forecasts and projections about the industries in which the company operates, and on the beli
Slide 3: Contents
Contents • Three Wheeler Industry • At a Glance – Domestic & Export • Market Overview • Key Enablers & Growth Drivers 4 TH C O F F E E • Atul Auto Limited – Corporate Overview • About us • Board of Directors & Share Holding • Consistent Track Record od Product Development • Products & Network • Mark
Slide 4: Three Wheeler Industry
4 TH C O F F E E Three Wheeler Industry
Slide 5: Industry – At a Glance (2018-19)
Industry – At a Glance (2018-19) Domestic – 55% 16 00 000 7,01,011 units Expected to grow Domestic @ 6 to 14 00 000 8% Application Fuel-type Tonnage Export 4 TH C O F F E E 12 00 000 Alt. 0.5 0.35 Paxx Cargo Diesel Fuel Tonne Tonne 81% 19% 52% 10 00 000 Total 48% 46% 54% 8 00 000 Poly. (Total) Expor
Slide 6: Market Overview
Market Overview Typical End User Market Characteristics National presence and brand Large Corporates in FMCG, equity a pre-requisite to Pharma & Construction ~15% penetrate segment moderate 4 TH C O F F E E Institutional volume, low margins Regional reach, customized Mid-size companies for captive ~
Slide 7: Key Enablers & Growth Drivers
Key Enablers & Growth Drivers • India is one of the largest manufacturer for 3-wheelers producing volume of ~12,50,000 units p.a. and expected to grow at 6-8% p.a. in medium term. Having a domestic market of ~7,00,000 units p.a.. • 3-wheeler is an important element of goods transportation in the cou
Slide 8: Corporate Overview
4 TH C O F F E E Corporate Overview
Slide 9: About Us
About Us 4 TH C O F F E E • Installed capacity of 60,000 units per annum at Rajkot Plant • Caters to diverse customer base in the Cargo & Passenger segment, available on both the platforms i.e. 350 kgs payload capacity and 500 kgs payload capacity, multi fuel choice, i.e. Diesel, Petrol, CNG, LPG an
Slide 10: Board of Directors & SHP
Board of Directors & SHP Board of Directors Share Holding Pattern as on 31.12.19 Chairman and Managing Jayantibhai J Chandra Director 4 TH C O F F E E Promoters & Promoter Mahendra J Patel Whole Time Director & CFO Group Niraj J Chandra Whole Time Director 2.88% 5.88% 1.31% Institutions Dr. Vijay K
Slide 11: Consistent Track Record of Product Development
C o n s i ste nt Tra c k Re co rd o f Pro d u c t D e ve l o p m e nt Road Master (RTV) Customized Vehicle Atul Smart (0.5T FE) Atul Gemini Gx (0.35T Alt. Fuel) 4 TH C O F F E E 2000 2003 2009 2011 2013 2016 1975-2000 2017 Onwards Onwards Onwards Onwards Onwards Onwards Onwards Atul Gemini Dz Atul E
Slide 12: Existing Product Portfolio
Existing Product Portfolio 4 TH C O F F E E REAR ENGINE ATUL ELITE FRONT ENGINE FRONT ENGINE REAR ENGINE PASSENGER 3+1 PASSENGER 4+1 PASSENGER 6+1 PASSENGER 3+1 PASSENGER 3+1 PETROL MOTOR POWER 850/1000 W FRONT ENGINE REAR ENGINE ATUL ELITE FRONT ENGINE REAR ENGINE HIGH DECK PASSENGER 3+1 CARGO HIGH
Slide 13: Domestic Strength
Domestic Strength Marketing HQ - Ahmedabad 14 Regional Offices 2 Training Centers 4 TH C O F F E E Network Vehicles Spares & Services 220 Primary Dealerships 53 Spare Dealerships 35 Satellite Dealerships 15 Spare Distributors 88 Sub-dealerships 16 Authorized Service Centers 158 Certified LGOs
Slide 14: International Coverage
International Coverage Europe United Kingdom Asia Afghanistan Bangladesh 4 TH C O F F E E Cambodia Iraq Myanmar Nepal Latin America Philippines Bolivia Africa Peru Kenya Mexico South Africa Guatemala Nigeria Ecuador Ethiopia Honduras Madagascar Liberia Senegal Somalia
Slide 15: Market Share
Market Share Domestic Industry SIL TVS AAL 1% 2% 6% PVPL 24% 4 TH C O F F E E MEM 0% M&M 10% BAL Passenger 57% Cargo SIL TVS AAL SIL AAL 0% 3% 4% 2% PVPL 15% 20% MEM PVPL 0% 45% M&M BAL 9% 24% BAL 64% M&M 14%
Slide 16: Growth Strategy & Expansion
Growth Strategy & Expansion • The growth drivers in near terms are, network expansion - deeper penetration in the domestic market, exploring overseas market, introduction of e-vehicles in the potential domestic market and developing various application & upgrading the existing product portfolio. 4 T
Slide 17: Financial Performance
4 TH C O F F E E Financial Performance
Slide 18: Financial Performance
Financial Performance Turnover 4 TH C O F F E E 50000 6000 45000 Sales 5000 5536 49866 49007 53235 52801 47785 47220 55598 55122 66676 66135 40000 35000 4000 30000 2015 2016 2017 2018 2019 2288 3411 25000 3000 Total Revenue (₹ Lakhs) Turnover (₹ Lakhs) 20000 15000 1464 1532 2000 10000 40134 42361 36
Slide 19: Financial Performance
Financial Performance 14% 10,000 15% EBIDTA 13% 9,000 15% 8,000 11% 13% 7,000 10% 6,000 4 TH C O F F E E 5,000 6,000 Profit After Tax 10% 4,000 8% 8% 9% 3,000 5% 5,000 9% 8% 7% 8% 2,000 7% 4,000 6,378 7,759 6,239 7,512 8,835 1,000 6% 3,000 5% - 0% 2015 2016 2017 2018 2019 4% EBIDTA (₹ Lakhs) EBIDTA
Slide 20: Dividend History
Dividend History Dividend 1 35% 29% 30% 30% 1 33% 30% 20% 25% 1 4 TH C O F F E E 20% 1 15% RoCE 0 1 10% 0 46.1% 100% 105% 105% 0 5% 85% 80% 0 43.4% - 0% 0 2015 2016 2017 2018 2019 32.0% 0 31.9% Dividend (%) Dividend Payout Ratio 0 30.3% 0 0 0 0 - 2015 2016 2017 2018 2019
Slide 21: Latest Financial Result
Latest Financial Result (INR in lakhs except per share data) Quarter Ended on Nine Months Ended on Year Ended on Particulars 31.12.19 30.09.19 31.12.18 30.09.19 30.09.18 31.03.19 Unaudited Unaudited Unaudited Unaudited Unaudited Audited Sales of three wheelers (in numbers) 13,568 12,259 13,808 36,34
Slide 22: Key Financial Indicators
Key Financial Indicators FY 12 FY 13 FY 14 FY 15 FY 16 FY 17 FY 18 FY 19 Particulars Audited Audited Audited Audited Audited Audited Audited Audited Volume (No. of Vehicles) 27,000 32,040 37,557 41,598 43,893 38,795 42,744 50,049 Turnover (INR in Lakhs) 29797.8 36286.0 42925.6 49007.2 52801.1 47219.
Slide 23: Thank you
AUTO LIMITED Thank you