Schaeffler India Ltd · NSE:SCHAEFFLER
Schaeffler India — Q3 2023 Earnings Presentation
17 slides from Schaeffler India's earnings presentation, Oct 27, 2023
Slide 1: Regulation 30 cover letter to stock exchanges
Schaeffler India Limited · Pune · Maharashtra BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C – 1, Block G, Dalal Street, Bandra-Kurla Complex, Bandra (E), Mumbai-400001 Mumbai-400051 Company Code: 505790 Company Code: SCHAEFFLER 27/10/2023 Sub: Inve
Slide 2: Investor Presentation – Q3 and 9M 2023 Standalone Financial Results
Schaeffler India Limited Investor Presentation – Q3 and 9M 2023 Standalone Financial Results October 27, 2023 PUBLIC
Slide 3: Agenda
Agenda 1 Economy & Industry 2 2 Business Highlights - Q3 and 9M 2023 6 3 Financial Highlights - Q3 and 9M 2023 9 Schaeffler India Limited | Q3 and 9M 2023 Investor Presentation PUBLIC
Slide 4: Economy | Indicators remains buoyant
1 2 Economy & Industry Market Economy | Indicators remains buoyant GDP 1) 3) 13.1 IIP 1) 3) • Q2 GDP at growth at 7.8%, on growth path supported moderating inflation 12.8 driven by domestic demand 10.3 7.8 6.2 • IIP growth continues for the year, backed 6.1 4.5 5.7 by stable economic activities 4.0
Slide 5: Core sector performance | Delivering strong growth
1 Economy & Industry Core sector performance | Delivering strong growth 2022 2023 YTD CY2023 Growth Key comments Cement Production (mn T) 8.8% Steel Production (mn T) 14.1% Core industry growth YTD Aug’23 registered at 7.5% compared to 8.2% for 37 36 37 36 37 13 13 12 12 the same period last year 35
Slide 6: Automotive sector performance | Momentum continues
1 Economy & Industry Automotive sector performance | Momentum continues 2022 2023 YTD CY2023 Growth Two and three wheelers (mn Units) 1) 0.1% Passenger Vehicles (Th Units) 2) 8.6% 2.1 1.92.0 2.1 1.8 1.9 425 442 420 413419 • Festive season ramping up demand 1.8 1.8 406 390 379 401 379 390 1.61.5 1.6
Slide 7: Agenda: Business Highlights - Q3 and 9M 2023
Agenda 1 Economy & Industry 2 2 Business Highlights - Q3 and 9M 2023 6 3 Financial Highlights - Q3 and 9M 2023 9 Schaeffler India Limited | Q3 and 9M 2023 Investor Presentation PUBLIC
Slide 8: Q3 2023 | Sustained domestic performance and earnings quality
2 Business Highlights - Q3 and 9M 2023 Q3 2023 | Sustained domestic performance and earnings quality Key Messages Sales growth EBIT 1) margin Automotive Technologies growth on the back of favorable 5.2% vs Q3’22 15.9% Q3’23 demand and continued trajectory of business wins 1.0% vs Q2’23 16.1% Q2’23 R
Slide 9: Q3 Business developments | Wins in hybrids, renewable energy
2 Business Highlights - Q3 and 9M 2023 Q3 Business developments | Wins in hybrids, renewable energy Automotive Technologies Automotive Aftermarket Industrial Reliability and emission reduction Increased market coverage Precision and Efficiency Key business win in the renewable 1 Business wins in PVs
Slide 10: Agenda: Financial Highlights - Q3 and 9M 2023
Agenda 1 Economy & Industry 2 2 Business Highlights - Q3 and 9M 2023 6 3 Financial Highlights - Q3 and 9M 2023 9 Schaeffler India Limited | Q3 and 9M 2023 Investor Presentation PUBLIC
Slide 11: Revenue from operations | Domestic business growth stable
3 Financial Highlights - Q3 and 9M 2023 Revenue from operations | Domestic business growth stable Total revenue 2022 2023 Key aspects mn INR • Double digit YoY growth in domestic business overall 17,488 18,291 17,564 18,483 17,947 15,675 16,936 • Slowdown in exports continues owing to sluggish globa
Slide 12: Earnings Quality | Sustained performance
3 Financial Highlights - Q3 and 9M 2023 Earnings Quality | Sustained performance EBIT1) 2022 2023 Key aspects mn INR 2,941 2,933 2,913 • YoY margins sustained due to volume gains and continued focus on 2,602 2,706 2,741 2,756 1,806 operational efficiencies 16.6% 16.0% 15.7% 16.1% 15.7% 15.9% 16.2% •
Slide 13: Working capital, Capex | Focused and effective management
3 Financial Highlights - Q3 and 9M 2023 Working capital, Capex | Focused and effective management Working Capital 2022 2023 Key aspects mn INR 12,955 13,283 12,932 13,076 12,526 • Working Capital - optimal levels continue to be maintained 11,413 11,451 • Capex in-line with strategic framework • Free
Slide 14: Performance Indicators
3 Financial Highlights - Q3 and 9M 2023 Performance Indicators Unit Q3 2023 Q2 2023 Q3 2022 9M 2023 9M 2022 12M 2022 Revenue mn INR 18,483 18,291 17,564 53,711 50,728 68,674 Revenue growth (YoY) % 5.2% 4.6% 18.1% 5.9% 25.6% 23.5% Revenue growth (QoQ) % 1.0% 8.0% 0.4% - - EBITDA mn INR 3,490 3,480 3,
Slide 15: In Summary
3 Financial Highlights - Q3 and 9M 2023 In Summary 1 Performance for the quarter supported by continued growth in domestic business 2 Quality of earnings sustained, strong performance on operating metrics Committed to achieve long- term value and sustainable growth 3 Continued focus on capacity inve
Slide 16: Disclaimer
3 Financial Highlights - Q3 and 9M 2023 Disclaimer The information contained in this presentation is provided by Schaeffler India Limited (“the Company”), to you solely for your reference. This document is being given solely for your information and for your use and may not be retained by you and ne
Slide 17: Thank you
3 Financial Highlights - Q3 and 9M 2023 Thank you Oct 27, 2023 Schaeffler India Limited | Q3 and 9M 2023 Investor Presentation 16 PUBLIC