Greaves Cotton Limited · NSE:GREAVESCOT
Greaves Cotton — Investor Presentation (February 2020)
35 slides from Greaves Cotton's investor presentation, Feb 6, 2020
Slide 1: Cover letter to exchanges: Investors Presentation
SINCE 1859 5th February, 2020 The Manager- Listing The Manager- Listing BSE Limited National Stock Exchange of India Limited BSE Code: 501455 NSE Code: GREAVESCOT Dear Sir/Madam, Sub: Investors Presentation This is further to our letter dated 3rd February, 2020 and pursuant to Regulation 30 of SEBI
Slide 2: Welcome - Investor Meet Feb 2020
WELCOME INVESTOR MEET | FEB 2020
Slide 3: Disclaimer
Disclaimer • Statements in this presentation, particularly those which relate to management’s views and analysis, describing the Company’s objectives, projections, estimates and expectations may constitute “forward looking statements” within the meaning of applicable laws and regulations. • Actual r
Slide 4: Making in India - Greaves, diversified engineering conglomerate
With 160 years of trust & legacy, Greaves is transforming, yet again ! GREAVES Greaves is India's diversified Engineering Conglomerate FORT UN~ TIE NEXT Ul MAKING IN INDIA SINCE DECADES
Slide 5: Greaves presents an unparalleled reach in India
Greaves presents an unparalleled reach in India GREAVES ! Corp Office A Manufacturing Plants Mumbai Ranipet ( near Chennai) Pune 6,000+ ~ I ~O~NTRIES 'W PRESENCE Aurangabad CUSTOMER TOUCH POINTS ·••J2,000+ 160 YEARS ••• EMPLOYEES OF LEGACY 1 *Ampere Manufacturing • Regional offices J!l1ii. &.liGIONA
Slide 6: Adding More to Life in a small yet significant way
Adding "More to Life", in a small yet significant way ! GREAVES More Applications I More Possibilities I More to Life
Slide 7: Cleantech, diversified, sustainable, reliable solutions
CLEANTECH SOLUTIONS TECH NOVATION i-- DIVERSIFIED ~ SUSTAINABLE RELIABLE SOLUTIONS SOLUTIONS
Slide 8: Greaves 2.0 Strategy delivering results
Greaves 2.0 Strategy delivering results: 400 Cr + New Revenue Streams added over past three years 400 Cr+ incremental annual topline added Greaves taking leadership in Last Mile Mobility since FY17, 70% from new areas 132 432 55 115 130 MB Spares Growth Delta New Mobility Growth in Existing Applicat
Slide 9: Zero to 130+ Cr in New Mobility Businesses
Zero to 130+ Cr in New Mobility Businesses in 2 years 130 + Cr CY19 Auto/Non-Auto New Auto/Non-Auto Auto/Non-Auto Mobility New Products / Variants launched
Slide 10: Transformation continues
Transformation continues …
Slide 11: We are Future Ready - BS VI technology
We are Future Ready! GREAVES PATH BREAKING TECHNOLOGY - BS VI 0 MILEAGE MEIN HIT, PARYAWARAN KE LIVE FIT #MOVEFORMORE
Slide 12: Revolutionary CREST engine with leanburn technology
We are Future Ready! GREAVES Introducing revolutionary CREST engine with leanburn technology
Slide 13: Powering Progress - Gensets
We are Future Ready! GREAVES Powering Progress Military Installations Road Projects Cement Industries Construction Airports Industrial Projects ... - ·r __§ ...,.·.,· ...·,J... • tl ~ k,. ~ .... ~ :. •.., - "";;(!)• .' f• • • • .. , - -- . •.. 5=:=:: =: ._.,. ' ,. .' . , .... ' F=: • a I o ~ .e- = '
Slide 14: Boosting Farm Mechanisation
We are Future Ready! GREAVES Boosting Farm Mechanisation Land Removing Crop Removing Irrigation Sowing Harvesting Preparation Weeds Protection of Grass Power Tiller Pumpsets Transplanter Weeder Sprayer Brush Cutter Reaper GREAVES (, AGRI
Slide 15: Small and large non-automotive engines
We are Future Ready! GREAVES Improving productivity through small and large non-automotive engines Industrial Engines Small Engines Small Industrial Engines GREAVES~ ENGINES
Slide 16: Service Assurance - Multibrand 3 wheeler spares
We are Future Ready! GREAVES "Service Assurance" that matters GREAVES ~ MULTIBRAND~ 3 WHEELER SPARES CLUTCH PLATE 3W OESI EL VEHICLE GEAR KIT SHOE BRAKE BOX PARTS (BS-111) SPARK PLUG b 3W CABLES 3W BODY PARTS AND MORE.-. 3W FLANGE AXLES BATTERY & HEADLAMP & SHAFT ENHANCER ~Any Fuel ~Any Brand ~Any M
Slide 17: New Horizons with Ampere Electric 2W
We are Future Ready! New Horizons with Ampere Electric 2W .... ELITE MAGNUS 60 AMPERE By GREAVES SWITCH TO ELECTRIC. Choose from a wide range of E-Scooters. #ChangeForGood #Clean2020WithAmpere ©6000 10 YEARS 50,000+ UPTO: 25,000+ OF EXISTENCE HAPPY 3YEARS _KILOLITRES OF CUSTOMERS WARRENTY" PETROL SA
Slide 18: New Horizons with Ampere Electric 2W
AMPERE We are Future Ready! 0 By GREAVES New Horizons with Ampere Electric 2W .... ~ l.'..'.=sl IIIOUCDIM& _.._
Slide 19: Serving last mile commercial mobility with E-rickshaw
We are Future Ready! GREAVES Serving the last mile commercial mobility with E rickshaw E-Rickshaw On, ~ On *empowered to do more tips * employability * end-to-end transportation * eco-friendly * energy efficiency * earnability E-Rick/ E-Loader (LI/ LA Battery) Generating employment, Improving Life Z
Slide 20: Adding More to Life with Greaves Finance
We are Future Ready! GREAVES Adding More to Life with Greaves Finance GREAVES Making India Switch to electric easy FINANCE with special finance options Motion, Progression, Transformation
Slide 21: Next Gen Clean Mobility Retail Outlets - 380 & Counting
We are Future Ready! GREAVES Next Gen Clean Mobility Retail Outlets - 380 & Counting
Slide 22: Building an Ecosystem of Partnership & Trust
Buil~ing An Ecosystem of Partnership & Trust GREAVES Sustainable communities through CSR Programs Engage I Enable I Empower
Slide 23: Testimonials of our Partnership & Trust
Some Testimonials of our Partnership & Trust GREAVES Certificate of TPM SIGNIFICANT ACHIEVEMENT AWARD, by Cll (Confederation of Indian Industry) Award & recognition at 35TH TPM KAIZEN CONFERENCE TPM CERTIFICATE-2019 Aurangabad plant bags FIRST PRIZE AT COMPETITION Awarded 'MICRO POWER 'INDUSTRIAL SA
Slide 24: EV Mentorship - Tie-up with RV College of Engineering
EV Mentorship for better future of Mobility GREAVES Tie-up with RV College of Engineering
Slide 25: Q3 & 9M - FY20 Financial Highlights
Q3 & 9M - FY20 Financial Highlights
Slide 26: Financial Performance Snapshot
Financial Performance Snapshot Rs Cr Rs Cr 1,460 1,462 506 495 +27% +4% 71 77 51 205 198 46 132 137 Q3 FY 19 Q3 FY 20 9M FY 19 9M FY 20 Revenue EBITDA PAT Revenue EBITDA PAT Key Highlights Q3 Revenue at Rs. 495 Cr (-2% vs last year), 9M Revenue at Rs. 1462 cr (Similar as last year) Q3 EBDITA at
Slide 27: Quarterly Revenues (Rs Cr)
Quarterly Revenues ( Rs Cr ) Quarterly Average Quarterly Average Quarterly Average FY18 Rs 448 cr FY19 Rs 497 cr FY20 Rs 487 cr 486 495 506 528 477 490 495 406 452 447 458 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Revenues are GST comparable numbers
Slide 28: Revenue by Business (9M FY20)
Revenue by Business (9M FY20) 9M FY 20 Standalone 9M FY 20 Consolidated 20% 19% 2% 6% 56% 54% 22% 21% Engines Aftermarket E-mobility Others Engines Aftermarket E-mobility Others • Others includes Gensets, Agri equipment and Trading
Slide 29: Volumes by Business
Volumes by Business Business Q3 FY19 9M FY19 Q3 FY20 9M FY20 Engine 3W 69097 210394 77148 208902 4W 4613 14963 1428 5565 Others 8,459 16707 8,649 29654 Total Engine 82169 242064 87225 244121 Auxilary Power Gensets 969 3035 842 2895 Total Auxilary Power 969 3035 842 2895 Agri Pumpset 28,720 81482 13,
Slide 30: Financial Results - Q3
Financial Results Particulars (Rs Cr) Q3 FY 19 Q3 FY 20 Growth % Net Income from Operations 506 495 -2% Material Consumed 346 333 Employee Cost 42 42 Others Expenses 47 43 EBIDTA 71 77 9% EBIDTA Margin 13.9% 15.6% PBT before exceptional item 68 68 PAT before exceptional item 46 51 11% Post tax excep
Slide 31: Financial Results - 9M
Financial Results Particulars (Rs Cr) 9M FY 19 9M FY 20 Growth % Net Income from Operations 1460 1462 0% Material Consumed 990 992 Employee Cost 132 130 Others Expenses 132 142 EBIDTA 205 198 -4% EBIDTA Margin 14.0% 13.5% PBT before exceptional item 198 174 PAT before exceptional item 196 177 -10% P
Slide 32: Profit & Loss - Ampere
Profit & Loss – Ampere Particulars (Rs Cr) 9M FY 20 FY 19 Net Revenue 63.2 53.6 RMC % 75.7% 82.0% Expenses 25.7 12.1 EBIDTA -10.6 -2.4 EBIDTA % -16.8% -4.4% PAT -12.3 -9.0
Slide 33: Key Financial Metrics
Key Financial Metrics Net Working Capital (No of Days) Fixed Asset turns 44 6.0 5.5 5.3 37 33 Dec-18 Sep-19 Dec-19 Dec-18 Sep-19 Dec-19 ROCE% EPS 5.4 5.7 26% 25% 21% 3.4 Dec-18 Sep-19 Dec-19 Dec-18 Sep-19 Dec-19
Slide 34: To Summarize
To Summarize…. GCL Financial Performance Summary Key Highlights STANDALONE Q3 FY19 Q3 FY20 YTD FY19 YTD FY20 BSVI launched, Production ramp-up initiated Revenue 506 495 1460 1462 EBITDA 71 77 205 198 Non-Auto Engines grew 84% to 120 Cr (9M FY20) PAT 43 54 132 137 GCL completes 100% acquisition of Am
Slide 35: More to Life - Thank You
MORE PRODUCTS MORE APPLICATIONS MORE POSSIBILITIES MORE TO LIFE THANK YOU
Greaves Cotton — Investor Presentation (February 2020) on 6ix