Balkrishna Industries Limited · NSE:BALKRISIND
Balkrishna Industries — FY2019 Earnings Presentation
27 slides from Balkrishna Industries's earnings presentation, May 2019
Slide 1: Balkrishna Industries Ltd Investor Presentation
BALKRISHNA INDUSTRIES LTD Investor Presentation May, 2019
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Balkrishna Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any
Slide 3: Our Performance
KT, GROWING TOGETHER Our Performance
Slide 4: Q4FY19 and FY19 Performance
FY19 Performance Sales Volumes Revenues EBITDA Profit after Tax FY19 211,261 MT, a Rs. 5,335 Cr a growth Rs. 1,430 Cr with a Rs.782 Cr with a growth of 6% YoY of 14% YoY margin of 26.8% margin of 14.7% . Q4FY19 55,388 MT, a growth Rs.1,354 Cr a growth Rs.336 Cr with a Rs.185 Cr with a of 3% YoY of 4
Slide 5: Profit & Loss
Profit & Loss Standalone Performance Particulars (Rs.Cr) Commentary Q4FY19 Q4FY18 YoY % Q3FY19 FY19 FY18 YoY % • EBITDA margin in Sales (MT) 55,388 54,002 3% 46,780 211,261 199,213 6% FY19 was impacted 1,351 1,232 by lower forex Revenue from Operations 1,206 5,244 4,464 rates and higher Realized Gai
Slide 6: Other Income and Net Forex Gain/(Loss)
Other Income and Net Forex Gain/(Loss) Standalone Particulars (Rs. Cr) Q4FY19 Q4FY18 FY19 FY18 Exchange Difference Gain (Realized) 16 81 118 245 Exchange Difference Gain (Un-Realized) 2 -15 10 18 Others 22 18 86 73 Total Other Income 40 84 214 336 Standalone Particulars (Rs. Cr) Q4FY19 Q4FY18 FY19 F
Slide 7: Balance Sheet
Balance Sheet Particulars (Rs. Cr.) Mar’19 Mar’18 Particulars (Rs. Cr.) Mar’19 Mar’18 ASSETS EQUITY AND LIABILITIES Non-current assets 4,428 3,861 EQUITY 4,679 4,095 Property, Plant and Equipment 2,707 2,767 Equity Share Capital 39 39 Capital work-in-progress 585 118 Other Equity 4,640 4,057 Investm
Slide 8: Healthy Cash holdings
Healthy Cash holdings 1,131 11 1,138 -280 61 -118 333 Mar-16 H1FY17 H2FY17 H1FY18 H2FY18 FY19 Current Cash Holdings Zero Long Term Debt 8
Slide 9: Sales Profile
Sales Profile In MT 211,261 199,213 172,419 148,244 FY16 FY17 FY18 FY19 FY20 Sales Volume guidance: 3% to 5% 9
Slide 10: BKT 2.0: Embarking on next Phase of Growth
BKT 2.0: Embarking on next Phase of Growth 03 04 02 01 Carbon Black Plant Replacement of Waluj Capex at Bhuj Plant USA Greenfield Plant Plant Phase 1 of Carbon Black New state of the art Upscaling to large sized Strategic initiative to project of 60,000 MT fully integrated facility All steel radial
Slide 11: Strategy at BKT
KT, GROWING TOGETHER Strategy at BAT 11
Slide 12: Our Focus Area
Our Focus Area Market Reach Expand reach within existing Sales Channels as well increase footprint within replacement segment and OEMs 01 Penetrate Americas Increase share of business in USA markets by increasing 02 supplies from India and manufacturing from USA Plant Product portfolio expansion 03
Slide 13: To Serve Global OEMs...
To Serve Global OEMs... eset @ A.acco Your Agriculture Company JOHN DEERE BMTONr, TARRARG CARGOTEC CAT — [ON aicarec 13
Slide 14: With India Production and Global Sales
With India Production and Global Sales Waluj, Maharashtra Bhiwadi, Rajasthan Chopanki, Rajasthan Our plants India – Our Bhuj, Gujarat Manufacturing base Mould plant, Dombivali 14
Slide 15: BKT – A Strong Indian Brand
BKT – A Strong Indian Brand Click here for BKT Corporate Video 15
Slide 16: Balkrishna Industries – A Snapshot
Balkrishna Industries – A Snapshot Leading ‘Off-Highway Tire” Exporter BKT is India’s Leading player in the Global ‘Off Highway Tire (OHT)’ Market Wide and comprehensive product portfolio Deep understanding of OHT market has led to capabilities to manufacture over 2,700 SKU Capacities Achievable cap
Slide 17: Our Strong Evolution
Our Strong Evolution Announced Capex for 2018 2019 Started Manufacturing for large size Replacement of Waluj Plant, 51” diameter tires at Bhuj. capex at Bhuj Plant and Greenfield at USA Plant Plant in 2015 2009 Crosses Rs. Plant in 2006 Chopanki, 1,000 cr Bhuj, Rajasthan Turnover Gujarat Production
Slide 18: Application of our Tires
Application of our Tires Agriculture Tires Cotton Pick Harvester Tractor Vineyard Tractor Pivot Irrigator Industrial Tires Loader Telehandler Mobile Crane OTR Tires Load Haul Dump Underground Mining Container Handler 18
Slide 19: Strengthening BKT Brand: Sunny Deol our Brand Ambassador
Strengthening BKT Brand : Sunny Deol our Brand Ambassador Popular Bollywood Icon Sunny Deol is the Brand Ambassador of BKT 19
Slide 20: Strengthening BKT Brand: India
Strengthening BKT Brand : India Supporting Kabbadi by becoming the official Tire Partner for 8 marquee Teams in Pro Kabbadi League 20
Slide 21: Strengthening BKT Brand: France, Europe
Strengthening BKT Brand : France, Europe BKT is the New TITLE Sponsor for the FRENCH Football League “COUPE DE LA LIGUE BKT” 21
Slide 22: Strengthening BKT Brand: Italy, Europe
Strengthening BKT Brand : Italy, Europe BKT is the new Title Sponsor for the ITALIAN SERIE ‘B’ FOOTBALL CHAMPIONSHIP – THE NEWBORN - “SERIE BKT” 22
Slide 23: Strengthening BKT Brand: Australia
Strengthening BKT Brand : Australia BKT is the Official “OFF-HIGHWAY TIRE PARTNER” for KFC BIG BASH LEAGUE (THE AUSTRALIAN CRICKET LEAGUE) 23
Slide 24: Strengthening BKT Brand: USA
Strengthening BKT Brand : USA BKT is the Official and Exclusive Tire manufacturer of MONSTER JAM and its fleet of Monster Trucks – Monster Jam is a top sporting event in America 24
Slide 25: Mr. Arvind Poddar inducted in TIA Hall of Fame
Mr. Arvind Poddar inducted in TIA Hall of Fame Mr. Arvind Poddar, CMD, was inducted in the Tire Industry Association (TIA) Hall of Fame at the SEMA Show in las Vegas, USA in October 2018 The Hall of Fame award is TIA’s highest honor and is one of the most prestigious accolades of the tire industry a
Slide 26: CSR Initiatives: Growing Together
CSR Initiatives: Growing Together Inaugurated Community Kitchen in Bhuj, Gujarat; to provide food to over 50,000 students at local schools 26
Slide 27: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : Balkrishna Industries Ltd. Strategic Growth Advisors Pvt. Ltd. CIN - L99999MH1961PLC012185 CIN - U74140MH2010PTC204285 Mr. B K Bansal, Director - Finance Mr. Shogun Jain / Ms. Payal Dave bkbansal@bkt-tires.com shogun.ja