Ceat Limited · NSE:CEATLTD
Ceat — RPG Annual Investor Conference 2024
19 slides from Ceat's conference presentation, Jun 7, 2024
Slide 1: Exchange filing letter for Investor Conference
June 6, 2024 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai 400 001 Mumbai 400 051 Security Code: 500878 Symbol: CEATLTD NCD Symbol: CL25, CL26 CP Listed ISIN: INE482A14CE3, INE482A14CF0, INE48
Slide 2: RPG Annual Investor Conference 2024
hello happiness RPG Annual Investor Conference 2024 June 07, 2024
Slide 3: Disclaimer
Disclaimer This presentation may include statements which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures,
Slide 4: Postage Stamp Unveiled on Centenary of CEAT
Postage Stamp Unveiled on Centenary of CEAT 3
Slide 5: Overview
Overview Rs. 11,943 cr ~16.0% Revenue (FY24) 3 Years Revenue CAGR 14.0% 3x EBITDA (FY24) PAT (YoY) 0.4x 300% Debt to equity Dividend 4
Slide 6: Deming Prize recognition
202318 FS IR Ham eR aR & feist The Deming 1* Tyre company to win the Deming orn Prize
Slide 7: CEAT Vision - FY26
CEAT Vision - FY26 Leadership in 2W Leadership in PC/UV >25% Domestic Market Domestic Market International Business 6
Slide 8: Charting a Course for Sustained Growth
Charting a Course for Sustained Growth FY11 Leading in 2W 1 FY24 8% 33% #4 #1 Leadership in PC/UV 1 3% 16% #8 #3 International business 2 Rs 0.6k Cr Rs 2.2k Cr 1. Replacement market share as per industry reports, internal estimates 2. Estimated Revenue from international business # Rank 7
Slide 9: CEAT is Future Ready
CEAT is Future Ready International Electrification Going Global Driving Digital Premiumization 8
Slide 10: International Business
` 1 International Business TBR grew by 15% Europe, Canada & Run rate of ~2.2 mn PC/UV tyres, PC/UV SKUs 2.5x since FY19 expanding in US USA Europe LATAM 4 SEASONDRIVE + RANKED 14TH Targeting TBR launch in US 875+ Off Highway SKUs Autobild Test Q2 FY25 ~84% coverage in agri segments 9
Slide 11: Electrification
2 Electrification Supplier to All EV OEMs in India MG Comet EV Punch EV Share of Business Mahindra XUV 400 MG ZS EV Citroen E-C3 4W ~20% Ola S1 Pro Ampere Primus Joy EV Yo Byke Oben E Bike BattRE 2W ~25% Tata Ace EV Altigreen Euler Switch Mobility IEV4 3W Tata Starbus EV ~20% 10
Slide 12: Driving Digital
3 Driving Digital Procurement 1 • “WeConnect” Portal for RM Suppliers • Advanced Algorithm based demand forecasting Generative • Supply-Chain Cockpit for KPIs AI Lighthouse Industry 4.0 2 • Digitization of operator touch-points • Automated storage and retrieval • IOT based dynamic warmup Advanced 3
Slide 13: Premiumisation
` 4 Premiumisation Tyre Range Covers 95% of Super Premium Cars in Replacement Market BMW X3 Mercedes V Class Mercedes E Class BMW X5 Audi A4 Audi Q7 Skoda Kodiaq Volkswagen Tiguan Skoda Kushaq 12
Slide 14: Premiumisation
4 Premiumisation Title sponsorship of overland pioneers, Official Racing Partner of Wander Beyond Boundaries (WBB) KTM RC CUP 22k Kms Mumbai-Siberia 13
Slide 15: Geared for Growth
Geared for Growth Our Approach Aspiration Pillars Rs. 15,000 cr Bite Size Capex TBR Expansion Underway Free Cash Bite Size Rs. 11,944 cr Flow Capex Generation Healthy PCR Phase II Leverage Ratios Nagpur Plant Project Maintain Double Digit Export Saliency ROCE FY24 FY26 Full Utilization of Expanded C
Slide 16: Environmental, Social, and Governance
Environmental, Social, and Governance Sustainability Vision 2030: Reduce carbon footprint by 50% ~41% plant power ~14% reduction in 33 BEE 5-star rated through renewable manufacturing tCO2e per products sources MT of production ~5% reduction in water ~28% usage of sustainable ~15% Gender consumption
Slide 17: Additional Information
Additional Information RPG | C=AT
Slide 18: Financial Trends (Consolidated)
Financial Trends (Consolidated) Rs. cr unless stated otherwise Revenue from Operations EBITDA and Margin FY21-24 CAGR 16.2% 13.4% 7.9% 8.7% 14.0% 11,943 1673 11,315 9,363 7,610 1,019 982 739 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 PAT and Margin Debt and Leverage Ratios 5.7% 0.8% 1.6% 5.3% 0.4x 0.6x
Slide 19: hello happiness
S) hello happiness RPG | C=AT