Ndr Auto Components Ltd. · NSE:NDRAUTO
Ndr Auto Components — Q2 & H1 FY24 Earnings Presentation
25 slides from Ndr Auto Components's earnings presentation, Nov 6, 2023
Slide 1: Exchange cover letter for investor presentation
NDR AUTO COMPONENTS LIMITED Corporate office: Plot No.1, Maruti Joint Venture Complex, Gurugram, Haryana-122015 CIN: L29304DL2019PLC347460 Website: www.ndrauto.com Email id: contact@nacl.co.in Phone No.: 9643339870-74 6th November, 2023 BSE Limited National Stock Exchange of India Ltd. Corporate Rel
Slide 2: NDR Auto Components Ltd Q2 & H1FY24 results presentation
NDR AUTO Components Ltd Q2 & H1FY24 results presentation November 2023
Slide 3: Disclaimer
Disclaimer Certain statements in this communication may be ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward-looking statements involve number of risks, uncertainties and other factors that could cause actual results to differ materially from those sug
Slide 4: Seating systems – a critical aspect for any automobile
Seating systems – a critical aspect for any automobile Safety Regulatory norms ▪ It is estimated that a good seat and seat belt is key to ▪ Every automobile must conform to various regulations saving the lives of occupants in close to 50% of at vehicle level as well as system level as captured in ac
Slide 5: The NDR Auto Components
State of the art fully integrated infrastructure with capabilities to manufacture sheet metal and trims for all OEMs • Fully equipped in-house test and validation lab • A preferred and reliable source of four-wheeler seating systems, and two-wheeler seating The systems NDR Auto Established scale com
Slide 6: Our operations
Our operations ▪ End to end assembling of automobile seats for 2 and 4 wheelers ▪ Growing Body In White (BIW) business ▪ A complete product with 34 critical and safety tests conducted delivered to the OEM Projection Nut Pipe Bending Welding Press Shop Welding Shop Testing Facilities Metal Stitching
Slide 7: Strategically Located & Certified Manufacturing Facilities
Strategically Located & Certified Manufacturing Facilities IATF 1649:2016 TRIM PLANT SHEET METAL Gurgaon, Haryana Pathredi, Haryana SEAT FRAME & TRIM Surendra Nagar, Gujarat SEAT FRAME & TRIM Bangalore, Karnataka Facilities spread across Gurgaon, Bangalore and Gujarat in close proximity to OEMs 6
Slide 8: Manufacturing Capabilities
Manufacturing Capabilities Fully integrated facility for Sheet Metal fabrication & Trim manufacturing. Metal Trim Pipe Bending Press Shop Cutting Stitching Welding Shop 7
Slide 9: Testing Facilities
Testing Facilities Metal In-house testing facility equipped to carry out Colour Matching, Weld Penetration Test and various other mechanical tests on aspects like Tensile Elongation, Hardness, Profile Projector, etc. Horizontal Backward Moment Forward & Backward Moment Right & Left Back 45 deg Momen
Slide 10: Testing Facilities
Testing Facilities Trim Colour is one of the most important features of the trim NACL’s testing facility is equipped with a colour chamber with various types of lights, Colorimeter and industrial magnifying glasses to validate the design pattern and the colour of the material Mechanical properties l
Slide 11: Supplying to popular four wheeler and two wheeler models
Supplying to popular four wheeler and two wheeler models Hyryder Access Grand Vitara Fronx Brezza Urban Cruiser Gixxer Dzire Ciaz Supplying seating systems - frames and Wagon R Alto Jimny trims to all and BIW to Jimny BIW 10
Slide 12: Joint Ventures
Joint Ventures Rohit Relan & Associates had entered into a Joint Venture Agreement in 1988 with Maruti Suzuki India Limited and Suzuki Motor Corporation, Japan to manufacture Car Seating Systems Bharat Seats Limited was one of the first Joint Venture’s of Maruti Udyog Limited and Suzuki Motor Corpor
Slide 13: Industry Overview
Industry Overview ~2.5 crore vehicles produced in India in FY23 Passenger Vehicles Commercial Vehicles Two wheelers Three wheelers Quadricyle ~45 lakh ~10 lakh ~1.9 crore ~8.5 lakh ~2.4 K Source: SIAM ▪ The contribution of the automobile sector to the National GDP has risen to about 7.1% now from 2.
Slide 14: Key Management
Key Management A graduate from IIT, Delhi and University of Wisconsin-Madison Mr Sanjiv Kapur is a Chairman of NDR Auto Component since October 2020. He has over 40 years of experience in the Medical Equipment and MR. SANJIV Devices industry. He is the Promoter of Medelec Systems Pvt. Ltd which is i
Slide 15: Board of Directors
Board of Directors MR. SANJIV KAPUR MR. ROHIT RELAN MR. PRANAV RELAN MR. AYUSH RELAN MR. RISHABH RELAN Chairman Co-Chairman Whole-Time Director Whole-Time Director Director MR. RAJAT MS. DEEPA GOPALAN MS. SHYAMLA MS. VANITA BHANDARI WADHWA KHERA CHHABRA Executive Director and Independent Director In
Slide 16: Profit & Loss Statement - Consolidated
Profit & Loss Statement - Consolidated Particular (Rs. Crore) FY21 FY22 FY23 H1FY24 Revenues 114.13 232.55 392.78 285.25 Other Income 7.73 7.70 6.31 1.86 Total Income 121.86 240.25 399.10 287.11 Raw Material costs 84.89 176.79 296.86 219.58 Employee costs 5.48 9.14 12.39 8.14 Other expenses 17.40 32
Slide 17: Balance Sheet - Consolidated
Balance Sheet - Consolidated Equities & Liabilities (Rs. Crore) FY21 FY22 FY23 H1FY24 Assets (Rs. Crore) FY21 FY22 FY23 H1FY24 Equity 5.95 5.95 5.95 11.89 Non Current Assets Reserves 172.23 185.26 211.98 221.67 Fixed assets 44.27 79.33 146.87 153.84 Net Worth 178.17 191.21 217.92 233.56 Non-current
Slide 18: Key Financial Highlights - Consolidated
Key Financial Highlights - Consolidated Total Income (Rs. Crore) EBITDA (Rs. Crore) EBITDA Margin (%) 399.10 11.57 9.53 10 9.01 287.11 240.25 121.86 14.09 21.64 38.04 28.71 FY21 FY22 FY23 H1FY24 FY21 FY22 FY23 H1FY24 Net Profit (Rs. Crore) NPM (%) 7.07 6.31 6.48 5.23 8.60 15.17 28.20 18.61 FY21 FY22
Slide 19: Q2FY23 Vs Q2FY24 Financial Highlights - Consolidated
Q2FY23 Vs Q2FY24 Financial Highlights - Consolidated Total Income (Rs. Crore) EBITDA (Rs. Crore) EBITDA Margin (%) 158.19 10.57 10.07 94.91 10.04 15.92 Q2FY23 Q2FY24 Q2FY23 Q2FY24 Net Profit (Rs. Crore) NPM (%) 8.9 6.5 8.41 10.32 Q2FY23 Q2FY24 18
Slide 20: Key Ratios - Consolidated
Key Ratios - Consolidated Net working capital (Rs. Crore) Debt:Equity 93.42 77.73 0.15 0.13 44.69 36.67 0.06 0.03 FY21 FY22 FY23 H1FY24 FY21 FY22 FY23 H1FY24 ROE ROE (Ex. Cash) ROCE ROCE (Ex. Cash) 18.37% 17.82% 20.24% 18.50% 11.18% 9.65% 16.45% 11.62% 12.43% 18.91% 13.74% 14.71% 8.06% 9.30% 4.91% 6
Slide 21: Profit & Loss Statement - Standalone
Profit & Loss Statement - Standalone Particular (Rs. Crore) FY21 FY22 FY23 H1FY24 Revenues 114.13 232.55 392.78 285.25 Other Income 8.30 8.27 7.18 3.42 Total Income 122.43 240.82 399.97 288.67 Raw Material costs 84.89 176.79 296.86 219.58 Employee costs 5.48 9.14 12.39 8.14 Other expenses 17.40 32.6
Slide 22: Balance Sheet - Standalone
Balance Sheet - Standalone Equities & Liabilities (Rs. Crore) FY21 FY22 FY23 H1FY24 Assets (Rs. Crore) FY21 FY22 FY23 H1FY24 Equity 5.95 5.95 5.95 11.89 Non Current Assets Reserves 133.67 144.10 164.02 171.73 Fixed assets 44.27 79.33 146.87 153.84 Net Worth 139.61 150.04 169.97 183.62 Non-current in
Slide 23: Key Ratios - Standalone
Key Ratios - Standalone Net working capital (Rs. Crore) Debt:Equity 93.42 77.73 0.2 0.16 44.69 36.67 0.09 0.03 FY21 FY22 FY23 H1FY24 FY21 FY22 FY23 H1FY24 ROE ROE (Ex. Cash) ROCE ROCE (Ex. Cash) 23.36% 19.69% 20.84% 19.90% 16.56% 13.71% 13.36% 11.57% 21.47% 18.78% 14.86% 13.35% 9.13% 7.45% 6.73% 5.1
Slide 24: Growth outlook
Growth outlook • Deepening relationships: Enhancing participation in the strong growth prospects of Maruti Suzuki and Toyota Operational • Widening product portfolio: Expanding offerings beyond Seats and Trims and BIW • Expanding client base: Initiating relationships with new OEMs • Increasing techn
Slide 25: Thank You
Thank You
NDR Auto Components — Q2 & H1 FY24 Earnings Presentation on 6ix