Sintercom India Ltd. · NSE:SINTERCOM
Sintercom India — Alpha Ideas SME Stars event 2019
30 slides from Sintercom India's conference presentation, Nov 9, 2019
Slide 1: Submission of Investor Presentation to NSE
09th November, 2019 To, NSE Limited, Exchange Plaza, Plot No. C/1, G-Block, Bandra-Kurla Complex, Bandra (E), Mumbai 400 051 Symbol: SINTERCOM Sub: Submission of Investor Presentation Dear Sir/ Madam, With Reference to the captioned subject and intimation made on 08th November, 2019 with respect to
Slide 2: www.sintercom.co.in www.miba.com
www.sintercom.co.in Strictly for Private Circulation www.miba.com
Slide 3: Disclaimer / Important Disclosure
DISCLAIMER / IMPORTANT DISCLOSURE THIS PRESENTATION (PRESENTATION) IS NOT AN OFFER TO SELL ANY SECURITIES OR A SOLICITATION TO BUY ANY SECURITIES OF SINTERCOM INDIA LIMITED OR ITS SUBSIDIARIES OR JOINT VENTURES (TOGETHER, THE “COMPANY”). The material that follows is a Presentation of general backgro
Slide 4: Sintercom Technology
SINTERCOM TECHNOLOGY www.sintercom.co.in Strictly for Private Circulation www.miba.com
Slide 5: The Appropriate Material and Process for each Application
• The appropriate Material and Process for each Application Tensile Strength [MPa] 2400 16 MnCr 5 (Surface) – 61 HRC Miba High-Performance Carburized 16 MnCr 5 (Core) – 44 HRC Processes Forged Steels 1300 30 CrMoV9V 50 CrV4V 1000 41 Cr4V 700 St 70, Ck 45V 400 St 37 100 100 200 300 400 500 600 700 Al
Slide 6: Sintering – Process and Product Advantages
SINTERING – PROCESS AND PRODUCT ADVANTAGES PM Material Selection Matrix Process Flow – Forging v/s Sintering RM Inspection RM Inspection Fe-Cr-Mo-Ni-C Fe-Cr-Mo-Ni-C Astaloy CrM Forging High Compaction Liquid Phase Mix Distaloy HP Preturning Sintering Tool Design Premix Powder Machining Strength CNC-
Slide 7: Sintering Technology
SINTERING TECHNOLOGY • Powder metal is compacted into net shape using die toolings Conventional • Compacted components are then sintered into furnaces at high temperatures below melting point in a Sintering phase wise manner • Upto 90% dense symmetric components can be produced PROCESS • Powder meta
Slide 8: Sintering Technology – Opportunity
SINTERING TECHNOLOGY (Source: CRISIL Reports/PMAI) Market Size PV Sintering PV market Size Rs. cr. 2000 1844 1800 1600 1400 1200 1006 1000 851 800 726 606 600 481 533 394 400 200 0 2020-21P 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 Global Auto Usage Kgs/vehcile Opportunity 18 17 16 14
Slide 9: Responsible Use of Resources
RESPONSIBLE USE OF RESOURCES Metal Powder Raw Material Intensity (produced out of recycled 1,04 kg Raw Material/kg Product steel scrap) 2,3 kg Water/kg Product Lean P/M Prozessing Evironmentally friendly Low Water Products Consumption 0,11 kg Waste/kg Product 3,8 kWh/kg Product Low Energy Low Waste
Slide 10: Sintercom Key Milestones
SINTERCOM KEY MILESTONES Company listed on NSE Emerge Appreciation 2018 -19 from Bajaj Appreciation Auto Ltd. for from Maruti Best Kaizen 2017 Suzuki India Ltd. for Design & 2016 . Development Development of split gear for 2 Ltr 2015 Engine Conversion of forged Milling / bearing caps Drilling Turnin
Slide 11: Sintercom 2020 - Dynamic
SINTERCOM 2020- Dynamic Our Mission Our Strategy Innovation in Motion – Strive for technology leadership in demanding, Technologies for a Cleaner Planet financially attractive market segments Our Vision No power train without SINTERCOM/MIBA technology Our Values • Technology Leadership Our Goals • L
Slide 12: Core Competence – Sintered Component Manufacturing
CORE COMPETENCE – SINTERED COMPONENT MANUFACTURING Sintercom Core Processes in ORANGE (Manufacturing) Tool Design Premix Powder Sintering/ Machining Surface Densification Heat/steam treatment, Compacting Sinter Hardening - Re-Pressing Packing & Shipping (optional) deburring, etc. Tempering Machining
Slide 13: Sintercom Members of Board
SINTERCOM MEMBERS OF BOARD Hari Nair Harald Neubert Jignesh Raval Preeti Ramdasi Madan Godse Chairman – SIL Board of Director-SIL Board of Director– SIL Independent Director Independent Director Member of Board active since 2015 Member of Board active since 2011 Preeti Ramdasi, is an independent Mad
Slide 14: Sintercom Management Team
SINTERCOM MANAGEMENT TEAM Managing Director Mr Jignesh Raval Research & Vacant Development Rakesh Chandekar Chief Financial Officer Sr. General Manager. Mr Pankaj Bhatawadekar Mr Nikhil Chavan Company Secretary Process Excellence & Q.A Engineering Finance In House Tool Room Marketing Strategic Sourc
Slide 15: History – Miba Sinter Group
HISTORY – MIBA SINTER GROUP 2016 2017 Mahle Miba becomes 100% Miba Servo Synchronisation 2015 2014 2013 2011 J/V Sintercom India – Miba (Pune, Termination of beeing on the stock Expansions Decoupled Mass Balancer Gears market India) 2006 2007 2010 Dog Rings Production Start Miba Precision Components
Slide 16: Miba Group – Overview
MIBA GROUP – Overview Asia Europe Americas 985 EUR MN 23 Sites Globally Revenue 16% 21% 87 EUR MN Investments 63% 4.10 Research 7355 Employees Ratio www.sintercom.co.in Strictly for Private Circulation www.miba.com
Slide 17: Miba Group – Revenue by Division
MIBA GROUP – REVENUE BY DIVISION 2% 1% 3% 6% 42% Industrial Goods 20% a) Truck /Bus 9% b) Construction 8% 49% c) Industrial 7% 51% d) Powerplants 7% e) Agriculture 5% f) Railway 4% g) Special Machinery 2% h) Marine 2% 26% i) Aircraft 1% Miba Sinter Group j) Wind Energy 1% Miba Bearing Group k) White
Slide 18: Sintercom - Customers
SINTERCOM - CUSTOMERS O E M TI ER 1 www.sintercom.co.in Strictly for Private Circulation www.miba.com
Slide 19: Portfolio – Application of Sintered Components
PORTFOLIO – Application Of Sintered Components Applications: ▪ Engine ▪ Transmission ▪ Body, Chassis & Pumps ▪ EV ▪ Off Road Equipment www.sintercom.co.in Strictly for Private Circulation www.miba.com
Slide 20: Engine – Specialists for Engine Characteristics and Valve Train Dynamics
ENGINE – Specialists for Engine Characteristics and Valve Train Dynamics Development and production of mass balancer systems Innovative technologies in order to achieve • cost effectiveness • improved functionality • reduced friction resistance • optimized NVH Behavior www.sintercom.co.in Strictly f
Slide 21: Transmission – Synchronization of Manual and Double Clutch Transmission
TRANSMISSION – Synchronization of Manual and Double Clutch Transmission Innovative materials and processes In-house competence for synchronizer design, friction materials and validation testing Net-shape manufacturing Cost effectiveness Transmission test rigs @ Miba R&D www.sintercom.co.in Strictly
Slide 22: Body, Chassis & Pumps
BODY, CHASSIS & PUMPS Development & manufacturing partner on components for steering systems and pumps Helical belt pulleys for Electrical Power Steering systems Rotors, slides and modules for variable oilpumps Applications for HP-dieselpumps Doubledisc grounded parts Flexible supply solutions by gl
Slide 23: Soft Magnetic Composite Components
SOFT MAGNETIC COMPOSITE COMPONENTS - for modern electric machines with powder metal technology Customization of e-motor design to customer‘s demand Optimum utilization of design space Motor-topologies with high torque density Economic solutions due to utilitzation of 3D-flux and replacement of Rare
Slide 24: Sintercom – Overview
SINTERCOM – OVERVIEW Customer-wise breakdown OEM wise Sourcing Diesel Gasoline Product Mix Dual Sourcing Single Sourcing 8% 7% 0% 20% 30% 30% 3% 45% 60% 11% 100% 100% 93% 92% 100% 80% 70% 70% 5% 34% 55% 40% Maruti Mahindra Bajaj Fiat 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 Capacity Capacity
Slide 25: Sintercom – New Product Pipeline
SINTERCOM – NEW PRODUCT PIPELINE Product roadmap Strong new product pipeline with multiple key upcoming introductions Engine 2016 2017 2018 2019 2020 2021 D15; 1.5 Lt Engine ; Sprockets T1 T2 PPAP SOP Started K12C Rotor Sensing T1 T2 PPAP SOP Q2/2018 2-wheeler Starter Gear T1 T2 PPAP SOP Q3/2018 U2
Slide 26: India Emission Reduction Roadmap
INDIA EMISSION REDUCTION ROADMAP BS-IV to BS-VI by 2020 4-W PASSENGER VEHICLES CO HC NOx PM NVH g/km g/km g/km g/km dB BS-III 2.3 - 0.5 0.1 80 BS-IV 1 - 0.25 0.025 75 BS-VI 0.5 0.1 0.08 0.0045 72* 2-W & 3-W VEHICLES CO HC NOx PM NVH g/km g/km g/km g/km dB BS-III 1.87-2.62 - 1-1.25 - 77 BS-IV 1.48-1.
Slide 27: SIL Financial Performance – Graphs
SIL FINANCIAL PERFORMANCE – GRAPHS SALES Sales Sintered Sales - SS Hego Boss EBITDA 8,320 7,460 1,795 6,325 1,667 5,870 1,561 1,452 4,265 3,216 879 936 1,408.43 679.80 463.60 275.78 - - 2013/14 2014/15 2015/16 2016/17 2017/18 2018/19 2013/14 2014/15 2015/16 2016/17 2017/18 2018/19 PAT 545 550 127 69
Slide 28: SIL Financial Performance – Graphs
SIL FINANCIAL PERFORMANCE – GRAPHS ROCE Net Worth (Rs. Lakhs) 14% 8,104 13% 7,814 12% 11% 11% 10% 3,743 3,752 3,821 3,984 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 Debt Equity Ratio EPS 1.13 2.27 1.05 1.04 2.25 0.99 0.45 0.38 0.85 0.36 0.07 0.05
Slide 29: Quality - Certified by our Customers / External Agency
QUALITY- Certified by our Customers / External Agency Award Year Appreciation from Maruti Suzuki for VAVE 2019 IITF 16949:2016 Certification 2018 ISO 14001:2015 ( Environmental Management System) Certification 2019 ISO 45001: 2018 (Occupational Health and Safety Management System) Certification 2019
Slide 30: Thank you
Thank you www.sintercom.co.in Strictly for Private Circulation www.miba.com