Hi-tech Gears Limited · NSE:HITECHGEAR
Hi-tech Gears — The Hi-Tech Gears — Q3 FY2025 Earnings Presentation
28 slides from Hi-tech Gears's earnings presentation, Feb 15, 2025
Slide 1: Intimation of Earnings Presentation to Stock Exchanges
~ THE Hl-TECH GEARS LTD. CIN - L29130HR1986PLC081555 Corporate Office: Millennium Plaza, Tower-B, Sushant Lok-1, Sector-27, Gurugram -122009, Haryana, INDIA Tel.: +91(124) 4715100 E-mail: secretarial@thehitechgears.com February 15, 2025 The Manager, The Manager, Listing Department, Listing Departmen
Slide 2: Earnings Presentation Q3 / 9M-FY25
THE HI-TECHPRESENTATION EARNING GEARS LTD. Q 3 / 9M- FY25 1
Slide 3: Snapshot
S N A P S H OT ~ THE Ht-TECH GEARS 5 10+ 37 Years Manufacturing 2,500+ Exports to Of Experience Plants Employees Countries Strategic 14% Marquee Partners 3 Year 58% Global Customers to Major Auto Revenue CAGR 3 Year PAT CAGR OEMs 2
Slide 4: Company Overview
C O M PA N Y O V E R V I E W ~ THE Hl-TECH GEARS CONSOLIDATED REVENUE (INR MN) & EBITDA • The Hi-Tech Gears Ltd. (THGL) was incorporated in 1986 and has grown to be an auto MARGINS (%) component manufacturer of high repute, supplying engine and transmission 11,692 11,069 components to diverse marque
Slide 5: Key Strengths
KEY STRENGTHS ~ THE Ht-TECH GEARS Leading manufacturers of critical One of the very few component Strategically located state-of-the- high-precision gears, manufacturers catering to diverse art manufacturing facilities in shafts and transmission segments of automobiles and India, Canada and USA comp
Slide 6: Global Footprint and Marquee Customers
G L O B A L F O OT P R I N T A N D M A R Q U E E C U S TO M E R S ~ THE HI-TECH GEARS DAIMLER -~- ...~ -. ~~- '" ·- Daimler A.G. .,.._ • JCB Power Cummins - Robert Bosch • Magna -~ Powertrain UK Perkins GERMANY ® Hero ■ Daimler Fuso 1\\MAGNA JAPAN Cummins CN■I 1 N DUSTA I A L MAGNA POWERTRAIN CANADA
Slide 7: Diversified Business Presence
DIVERSIFIED BUSINESS PRESENCE ~ THE HI-TECH GEARS TWO-WHEELER •~ Hero MOTORCYCLES.COM MEDIUM & HEAVY COMMERCIAL VEHICLES DAIMLER ~ FUSO TATA MOTORS PASSENGER CARS • !\\MAGNA IF/4 AGRI, ENGINES AND OFF-HIGHWAY ■ CNt INDUSTRIAL C 6 Association with Top players in each segment
Slide 8: Plants Across India and North America
PLANTS ACROSS INDIA AND NORTH AMERICA ~ THE HI-TECH GEARS 1 ♦ 1 1111§ Manufacturing facilities in India Manufacturing facilities overseas Plant-I, Bhiwadi Plant-II, Manesar Plant-III, Bhiwadi Plant-I, Guelph, Canada Plant-II, Emporium USA Est. 1986 Est. 2005 Est. 2011 Acquired 2017 Acquired 2017 DUA
Slide 9: Product Portfolio
PRODUCT PORTFOLIO ~ THE HI-TECH GEARS Commercial & Off- Sintered Two-Wheeler Car Transmission & Engine Power Take Off Precision Forging & Highway Vehicles Transmission Driveline Gears Components Machining Components Transmission 8
Slide 10: Process Infrastructure
PROCESS INFRASTRUCTURE ~ THE HI-TECH GEARS Forging Finishing • Hot Forging • Gear Grinder • Warm Forging • Honing, • Cold Forging • Gear Honing, • Cold Extrusion • Hard Turning, • Coining • Grinding, etc. Machining Tool Room & Die Manufacturing • CNC Turning • Vertical Machining Center EDM . • Gear
Slide 11: Thrust on EV and New Technologies
THRUST ON EV AND NEW TECHNOLOGIES ~ THE HI-TECH GEARS Electric Vehicle Components EV-Differential Assembly – EV deliver higher torque and power curve with fewer gear with higher rotational speed. -- -- - THGL Initiatives: TW : Gear Component Final Assembly & Counter Assembly and Gear Drive PC : Heli
Slide 12: Financial Overview
FINANCIAL OVERVIEW
Slide 13: Q3/9M-FY25 Financial Highlights
Q3/9M-FY25 FINANCIAL HIGHLIGHTS ~ THE HI-TECH GEARS Q3-FY25 Consolidated Highlights Q3-FY25 Standalone Highlights INR 2,051 Mn INR 266 Mn INR 69 Mn INR 1,456 Mn INR 183 Mn INR 75 Mn Operational Operational Operational Operational Net Profit Net Profit Income EBITDA Income EBITDA (24.8)% YoY (34.6)%
Slide 14: Q3/9M-FY25 Operational Highlights (1/2)
Q 3 / 9 M - F Y 2 5 O P E R AT I O N A L H I G H L I G H T S ( 1 / 2 ) ~ THE HI-TECH GEARS India Business: Consolidation and Improving Operating Efficiencies • Standalone India operations are currently in a consolidation phase, with strong focus on improving operational efficiency. • The company und
Slide 15: Q3/9M-FY25 Operational Highlights (2/2)
Q 3 / 9 M - F Y 2 5 O P E R AT I O N A L H I G H L I G H T S ( 2 / 2 ) ~ THE Ht-TECH GEARS North America (Canada and USA): Positioned for Growth Amidst Market Volatility • Market Dynamics & Opportunity: • The North American market has been experiencing volatility, driven by economic uncertainty, shi
Slide 16: New Business Wins: India and North America
NEW BUSINESS WINS: INDIA AND NORTH AMERICA ~ THE HI-TECH GEARS New business won ~ ₹ 1,754 Mn annualized New business won ~ ₹ 695 Mn annualized FY 22-23 _][ ] Current Customer ₹ 1,081 Mn New Customer ₹ 673 Mn FY 23-24 [_ _][_ _] Current Customer ₹ 301 Mn New Customer ₹ 494 Mn _ ] [_ _] EV Business ₹
Slide 17: Quarterly Consolidated Financial Performance
Q U A R T E R LY C O N S O L I D AT E D F I N A N C I A L P E R F O R M A N C E ~ THE HI-TECH GEARS PARTICULARS (INR MN) Q3-FY25 Q3-FY24 Y-O-Y Q2-FY25 Q-O-Q Operational Revenue 2,051 2,729 (24.8)% 2,464 (16.8)% Total Expenses 1,785 2,322 (23.1)% 2,112 (15.5)% EBITDA 266 407 (34.6)% 352 (24.4)% EBITD
Slide 18: Quarterly Standalone Financial Performance
Q U A R T E R LY S TA N D A L O N E F I N A N C I A L P E R F O R M A N C E ~ THE HI-TECH GEARS PARTICULARS (INR MN) Q3-FY25 Q3-FY24 Y-O-Y Q2-FY25 Q-O-Q Operational Revenue 1,456 1,936 (24.8)% 1,731 (15.9)% Total Expenses 1,273 1,648 (22.8)% 1,476 (13.8)% EBITDA 183 288 (36.5)% 255 (28.2)% EBITDA Ma
Slide 19: YTD Consolidated Financial Performance
Y T D C O N S O L I D AT E D F I N A N C I A L P E R F O R M A N C E ~ THE HI-TECH GEARS PARTICULARS (INR MN) 9M FY25 9M FY24 Y-O-Y Operational Revenue 7,121 8,200 (13.2)% Total Expenses 6,095 7,109 (14.3)% EBITDA 1,026 1,091 (6.0)% EBITDA Margin (%) 14.41% 13.30% 111 Bps Depreciation and amortisati
Slide 20: YTD Standalone Financial Performance
Y T D S TA N D A L O N E F I N A N C I A L P E R F O R M A N C E ~ THE HI-TECH GEARS PARTICULARS (INR MN) 9M FY25 9M FY24 Y-O-Y Operational Revenue 4,980 5,770 (13.7)% Total Expenses 4,264 4,990 (14.5)% EBITDA 716 780 (8.2)% EBITDA Margin (%) 14.38% 13.52% 86 Bps Depreciation and amortisation 244 23
Slide 21: Historical Consolidated Income Statement
H I S TO R I C A L C O N S O L I D AT E D I N C O M E S TAT E M E N T ~ THE HI-TECH GEARS Particulars (INR Mn) FY22 FY23 FY24 9M FY25 Revenue from Operations 9,706 11,692 11,069 7,121 Expenses 8,889 10,278 9,570 6,095 EBITDA 817 1,414 1,499 1,026 EBITDA Margins (%) 8.42% 12.09% 13.55% 14.41% Depreci
Slide 22: Historical Standalone Income Statement
H I S TO R I C A L S TA N D A L O N E I N C O M E S TAT E M E N T ~ THE HI-TECH GEARS PARTICULARS (INR MN) FY22 FY23 FY24 9M FY25 Revenue from Operations 6,446 7,818 7,800 4,980 Expenses 5,497 6,725 6,748 4,264 EBITDA 949 1,093 1,052 716 EBITDA Margins (%) 14.72% 13.98% 13.49% 14.38% Depreciation an
Slide 23: Historical Consolidated Balance Sheet
H I S TO R I C A L C O N S O L I D AT E D B A L A N C E S H E E T ~ THE HI-TECH GEARS PARTICULARS (INR MN) FY22 FY23 FY24 H1 FY25 PARTICULARS (INR MN) FY22 FY23 FY24 H1 FY25 NON-CURRENT ASSETS 5,924 5,390 4,925 4,959 EQUITY 3,308 3,545 4,662 4,893 a) Property, plant and equipment 3,871 3,853 3,417 3
Slide 24: Historical Standalone Balance Sheet
H I S TO R I C A L S TA N D A L O N E B A L A N C E S H E E T ~ THE HI-TECH GEARS PARTICULARS (INR MN) FY22 FY23 FY24 H1 FY25 PARTICULARS (INR MN) FY22 FY23 FY24 H1 FY25 NON-CURRENT ASSETS 4,266 4,089 4,016 4,167 EQUITY 3,493 3,976 4,431 4,668 a) Property, plant and equipment 1,935 1,840 1,791 1,791
Slide 25: Historical Consolidated Financial Highlights
H I S TO R I C A L C O N S O L I D AT E D F I N A N C I A L H I G H L I G H T S ~ THE Hl-TECH GEARS OPERATIONAL REVENUE (INR MN) EBITDA (INR MN) & EBITDA MARGINS PAT (INR MN) & PAT MARGINS (%) (%) 140 0 12. 00% 11,692 1,499 1,143 11,069 1,414 160 0 16. 00% 14.41% 120 0 10. 00% 9,706 140 0 14. 00% 10
Slide 26: Capital Market Information
C A P I TA L M A R K E T I N F O R M AT I O N ~ THE HI-TECH GEARS SHARE PRICE PERFORMANCE 200% 150% 100% 50% 0% -50% Jan-2024 Feb-2024 Mar-2024 Apr-2024 May-2024 Jun-2024 Jul-2024 Aug-2024 Sep-2024 Oct-2024 Nov-2024 Dec-2024 Hi-tech gears SENSEX MARKET DATA (INR) AS ON 31st DECEMBER, 2024 SHAREHOLDI
Slide 27: Disclaimer
DISCLAIMER The Hi Tech Gears Limited Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are
Slide 28: Thank You
THANK YOU