Bharat Forge Ltd · NSE:BHARATFORG
Bharat Forge — Q2 FY2023 Earnings Presentation
13 slides from Bharat Forge's earnings presentation
Slide 1: Bharat Forge Ltd Analyst Update – Q2FY23
BHARAT FORGE LTD ANALYST UPDATE – Q2FY23
Slide 2: Analyst Update - Q2FY23 Results
Analyst Update- Q2FY23 Results BFL 3 Month Report: “The company registered a stable performance in Q2 FY23 with a 5.9% sequential growth in revenues and 10.1% sequential growth in PAT. During the quarter, we recorded our highest exports revenues at Rs 10,664 million. MANAGEMENT COMMENTS In Q2 FY23,
Slide 3: Standalone Financial Highlights Q2 FY23
Standalone Financial Highlights Q2 FY23 REVENUES MANAGEMENT COMMENTS 18,639 17,594 16,066 Revenues at Rs 18,639 million in Q2FY23 grew by 5.9% as compared to Q1 STANDALONE HIGHLIGHTS FY23 on back of 12.0% increase in Domestic revenues. INDIA BUSINESS Q2 FY23 Q1 FY23 Q2 FY22 INTERNATIONAL BUSINESS EB
Slide 4: Review of India Business (Domestic & Exports)
Review of India Business ( Domestic & Exports) DOMESTIC EXPORTS Commercial Vehicles Commercial Vehicles MANAGEMENT COMMENTS 4,630 4,576 4,780 2,428 2,338 STANDALONE HIGHLIGHTS 1,659 Q2 FY23 Q1 FY23 Q2 FY22 Q2 FY23 Q1 FY23 Q2 FY22 INDIA BUSINESS INTERNATIONAL BUSINESS Passenger Vehicles Passenger Veh
Slide 5: Export Business: Geographical break-up
Export Business :Geographical break-up Rs. Million MANAGEMENT COMMENTS PARTICULARS Q2FY23 Q1FY23 Q2FY22 STANDALONE HIGHLIGHTS Americas 7,186 7,029 6,793 INDIA BUSINESS Europe 2,860 3,108 2,545 INTERNATIONAL BUSINESS Asia Pacific 618 338 199 CONSOLIDATED HIGHLIGHTS Total 10,664 10,475 9,537 ANNEXURES
Slide 6: Consolidated Financial Highlights Q2 FY23
Consolidated Financial Highlights Q2 FY23 Revenues MANAGEMENT COMMENTS Rs. Million 30,410 28,515 STANDALONE HIGHLIGHTS 23,856 Particulars Sept 30, 2022 March 31, 2022 Jul-Sep 22 Apr-Jun 22 Jul-Sep 21 INDIA BUSINESS Long Term Debt 25,102 23,151 EBITDA WC & Bill Discounting 36,847 33,394 INTERNATIONAL
Slide 7: Financial Annexures
FINANCIAL ANNEXURES fF. BHARAT FORGE |
Slide 8: Standalone P&L Highlights Q2 FY23
Standalone P&L Highlights Q2 FY23 Rs. Million MANAGEMENT COMMENTS STANDALONE FINANCIALS Q2FY23 (TBU) Q1FY23 QoQ% Q2FY22 YoY% Shipment Tonnage 61,149 57,915 5.6 57,094 7.1 STANDALONE HIGHLIGHTS Domestic Revenue 7,723 6,895 12.0 6,197 24.6 Export Revenue 10,664 10,475 1.8 9,537 11.8 INDIA BUSINESS Oth
Slide 9: Standalone Balance Sheet Highlights as on September 30, 2022
Standalone Balance Sheet Highlights as on September 30, 2022 Rs. Million MANAGEMENT COMMENTS Particulars (Standalone) September 30, 2022 March 31,2022 STANDALONE HIGHLIGHTS Long Term Debt 19,745 17,834 Working Capital & Bill Discounting 23,532 21,215 INDIA BUSINESS Equity 72,934 71,098 INTERNATIONAL
Slide 10: Overseas Subsidiary Financials
Overseas Subsidiary Financials Rs. Million MANAGEMENT COMMENTS Overseas Mfg. Ops Jul - Sep 2022 Apr – Jun 2022 Jul – Sep 2021 Total Revenue 9,470 10,490 8,533 STANDALONE HIGHLIGHTS EBITDA (341) 495 925 EBITDA % (3.6)% 4.7% 10.8% INDIA BUSINESS PBT before Ex Gain/(Loss) (1,157) (221) 246 INTERNATIONA
Slide 11: Subsidiary Financials
Subsidiary Financials Rs. Million Indian Subsidiaries Jul – Sep 2022 Apr – Jun 2022 Jul – Sep 2021 MANAGEMENT COMMENTS Total Revenue 1,686 364 373 EBITDA (43) (83) (14) STANDALONE HIGHLIGHTS PBT Before Exchange Gain/(Loss) (219) (160) (51) INDIA BUSINESS Rs. Million BF Industrial Solutions Jul – Sep
Slide 12: Disclaimer
DISCLAMER This presentation contains certain forward looking statements concerning Bharat Forge’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statement
Slide 13: Thank You
THANK YOU Bharat Forge Ltd Rajhagopalan S Tel: +91 98601 44866 Email: SRajhagopalan@bharatforge.com S-Ancial Technologies Pvt Ltd Vijay Gyanchandani / Vishal Mehta Tel: +91 96194 38448 / +91 93264 78472 Email: vijay@s-ancial.com vishal@s-ancial.com