Jk Tyre & Industries Limited · NSE:JKTYRE
Jk Tyre & Industries — Q1 FY2023 Earnings Presentation
30 slides from Jk Tyre & Industries's earnings presentation, Aug 9, 2022
Slide 1: Exchange filing cover letter: Earnings Presentation Q1 FY2023
llQtYFse & INDUSTRIES LTD. JKTIL:SECTL:SE:2022 Date: gtn August2022 BSE Ltd I National Stock Exchange of lndia Ltd. Phiroze Jeejeebhoy Towers, lExchangePlaza, C -1, Block G, Dalal Street, I Bandra -Kurla Complex, Mumbai-40O 001. I Bandra (E), Mumbai -400 051. Scrip Code: 530007 | Scrip Code: JKTYRE
Slide 2: Earnings Presentation – Q1FY23: Driving smartly into the future
MANUFACTURING MARKETING EARNINGS PRESENTATION – Q1FY23 Driving smartly into the future BRANDING DIGITALISATION FINANCIAL ESG
Slide 3: Business Overview
KX Business Overview €<
Slide 4: JK Tyre at a Glance
JK Tyre at a Glance Innovation at JK Tyre 40+ 25th Years of experience in tyre Ranked top tyre company Pioneer of radial technology in India and No. 1 in Truck/Bus manufacturing in the world Radial (TBR) manufacturer State-of-the-art Centralized Tech Centre at Mysore – “Raghupati Singhania Centr
Slide 5: Global Manufacturing Platforms
Global Manufacturing Platforms India Annual Capacity by Product Line – Volumes in Million Kankroli, Laksar, Rajasthan – 1 Uttarakhand – 3 14.5 2.3 7.9 3.7 4.1 Banmore, Truck and Passenger 2/3 Wheeler Others Madhya Pradesh – 1 Bus Line Radial Radial Bias Mexico Mysuru, Karnataka – 3 Chennai, Hidalgo
Slide 6: Digital Marketing Initiatives
Digital Marketing Initiatives Social Media Content Marketing Google My Business 1 Consistent Social Media Presence 2 Content Oriented Digital Marketing No.1 Tyre Brand at Social Tyre Industry Highest no. of 600+ Brand Shops listed at Media in terms of Followers views at YouTube 77Mn+ Google My Busin
Slide 7: Extensive Distribution Network
Extensive Distribution Network Extensive Distribution Network India Distribution Network 6,000+ Dealers 500 Distributors 64 JK Tyres 421 JK Tyre 205 Xpress 59 JK Re-tread Tie up with 870 Fleet Operators Truck Wheels Steel Wheels Wheels centres Tie up with 3 Oil Marketing Companies Fully equi
Slide 8: Leadership Team
Leadership Team Dr. Raghupati Singhania Chairman & Managing Director Arun K. Bajoria Anshuman Singhania Director & President - Anuj Kathuria A. K. Kinra Sanjeev Aggarwal V. K. Misra Pravin Chaudhari Managing Director International President - India Financial Advisor CFO Technical Director ED – JK TO
Slide 9: Strong R&D Capabilities
Strong R&D Capabilities Technology – Global Tech Centre (RPSCOE): • Centralized Tech Center in Mysore, Karnataka with more than 200 R&D and Technology Scientist and Engineers in following facilities: HASETRI - Asia's first and India’s foremost highly versatile and State-of-the-art Tyre / Elastomer I
Slide 10: Innovative Products Gaining Traction
Innovative Products Gaining Traction TBR - JUH XF & JDH XF Puncture Guard Tyre PCR – Taximax – 1Lac km. tyre Fuel Saver Technology Design Self-repair multiple punctures Very High Mileage & Durability Low RRC & Low Noise Hassle-free ride throughout life Superior Grip & Braking High Mile
Slide 11: Product Portfolio Differentiation
Product Portfolio Differentiation Smart Tyres Green Tyres Recently acquired smart tyre technology start-up to revolutionize “Green tyre" technology increases fuel efficiency thereby conserving Indian tyre market – First in India to launch Tyre Pressure natural resources Monitoring System (TPMS) base
Slide 12: Key Customers
Key Customers Passenger Car Tractor Truck & Bus OTR 2 Wheeler 2 Wheeler – Electric 10
Slide 13: Strengthening OEM Presence
Strengthening OEM Presence Gaining OEM footprint and volumes across segments MARUTI SUZUKI SWIFT FORCE HYUNDAI CRETA, & ALCAZAR TVS APACHE DZIRE, SWIFT, WAGONR TRAVELER KIA CARENS, & SELTOS TATA INTRA TATA GOLD 11
Slide 14: Key Marketing Initiatives
Key Marketing Initiatives #FutureOfDriving I JK Smart Tyre JK Puncture Guard Tyre I Self-Healing (The Future of Driving is here) (Record hits of over 100 Million in 2 months) Hits of over 110 million in a less than 4 months Awarded Innovative Auto Solution at “Top Gear Awards” 12
Slide 15: Brand Accolades
Brand Accolades Recognized for Active Customer Engagement at CII • ‘Innovative Tech in the Auto Industry’ at the Exhibit Customer Obsession Award 2021 Tech Awards 2021 13
Slide 16: Revenue Segmentation : End User Market
Revenue Segmentation : End User Market Revenue Mix by Market – Q1FY23 Exports 15% Exports 18% India OEMs Operations Consolidated Replacement OEMs Replacement 26% 59% 22% 60% Revenue Mix by Product Line – Q1FY23 Others Others 15% 12% 2/3 Wheelers 4% 2/3 Wheelers 4% India Passenger Line Operations Con
Slide 17: Q1FY23 & FY22 Performance Review
Q1FY23 & FY22 Performance Review
Slide 18: Q1FY23 Financial Performance Highlights
Q1FY23 Financial Performance Highlights Consolidated Standalone (Rs. Crore) Q1FY23 Q4FY22 Q1FY22 Q1FY23 Q4FY22 Q1FY22 Turnover 3,650 3,320 2,618 2,339 2,170 1734 EBITDA 291 236 289 177 140 188 Margin 8.0% 7.1% 11.1% 7.6% 6.5% 10.9% PBDT (Cash Profit) 192 135 182 122 83 130 PBT 57 44 75 39 28 69 PAT
Slide 19: FY2022 Performance Highlights (Consolidated)
FY2022 Performance Highlights (Consolidated) Key Business Highlights Q4-FY22 Consolidated Financial Performance 1. Recorded highest ever revenues of Rs.12,000 crore, INR 3,320 Cr. INR 459 Cr. INR 236 Cr. driven by strong domestic as well as highest ever Revenues (incl. exports) Exports from India EB
Slide 20: FY22 Financial Performance Highlights
FY22 Financial Performance Highlights Consolidated Standalone (Rs. Crore) FY22 FY21 % change FY22 FY21 % change Turnover 12,020 9,145 31% 8,062 6,170 31% EBITDA 1,110 1,349 (18%) 731 887 (18%) Margin 9.2% 14.8% (560) Bps 9.1% 14.4% (530) Bps PBDT (Cash Profit) 691 884 (22%) 501 620 (19%) PBT 309 534
Slide 21: Growth Strategy
XK Growth Strategy
Slide 22: Strategic Priorities
Strategic Priorities Management remains fully committed to implement its strategy to further expand its market presence and gain market share Strengthen Product Market Position Increase Global Deleverage Maximizing Portfolio across Business Balance Sheet Benefits of Premiumization Segments Share Acq
Slide 23: Sustainability
KX Sustainability
Slide 24: Sustainability at JK Tyre
Sustainability at JK Tyre We strengthened our ESG initiatives around 5P’s sustainability platform Productivity (Resource Conservation) People Peace & (Safety & Partnership Wellbeing) 5Ps Sustainability* Poverty Protect (Standard of (Environment) living) * Conceptualized by JK Tyre 22
Slide 25: Sustainability Initiatives at JK Tyre
Sustainability Initiatives at JK Tyre Sustainability initiatives & practices leading to resource conservation and manufacturing excellence Research & Usage of Bio sourced materials Development Led Higher usage of recycled material Product Continuous improvement in RRC ( Rolling Resistance Coef
Slide 26: Sustainability – Environment
Sustainability – Environment Safety – Reportable Incident (Nos.) Energy Consumption (GJ / Tonne) 27 22 17 11.24 10.70 10.26 10.36 6 9.50 9.38 5 4 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 All Plants awarded with “Sword of Honour” by British Safet
Slide 27: Sustainability – Operational Efficiencies
Sustainability – Operational Efficiencies Specific Power Consumption – Kwh / Kg Recognitions to our efforts 0.937 0.894 0.874 “Among the India’s top 30 Most Sustainable 0.863 0.810 companies, organized by Business World” 0.802 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Reducing Power Consumptio
Slide 28: Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR) Livelihood More than 1 lac people benefitted through our projects, viz., skill building, SHGs, agricultural & livestock Enhancement development etc. Adult literacy programs in remote villages (over 50,000 beneficiaries), Mysuru prisoners (over 6,000), Education
Slide 29: Disclaimer
Disclaimer This presentation has been prepared by JK Tyre & Industries Limited (the “Company” or “JK Tyres”) solely for information purposes without any regard to any specific objectives, financial situations or informational needs of any particular person. This presentation may not be copied, distr
Slide 30: JK Tyre & Industries Ltd. contact details
MkOrvreE= TOTAL CONTROL JK TYRE & INDUSTRIES LTD. HEAD OFFICE 3, Bahadur Shah Zafar Marg, New Delhi - 110 002 T: +91-11-66001112 © F: +91-11-23322059 REGISTERED OFFICE AND WORKS Jaykaygram, PO-Tyre Factory Kankroli - 313 342, Rajasthan T: 02952-302400/330011 « F: 02952-232018 CIN:L67120RJ1951PLC0459
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