Gabriel India Limited · NSE:GABRIEL
Gabriel India — Q3 FY16 Earnings Presentation
17 slides from Gabriel India's earnings presentation, Dec 1, 2017
Slide 1: Gabriel India Ltd. Result Update Presentation – Q3FY16
Gabriel India Ltd. Result Update Presentation – Q3FY16
Slide 2: Disclaimer
This presentation and the accompanying slides (the “Presentation”), has been prepared by Gabriel India Limited (the “Company”), solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or b
Slide 3: Robust Performance in Q3 FY16
Robust Performance in Q3 FY16 -1% 21% Revenue EBITDA * Rs.3,548 Mn Rs.350 Mn 10% 11% PAT Cash PAT Rs.176 Mn Rs.262 Mn Note: Q3 FY16 Compared with Q3 FY15 * Adjusted for the one time provision for Employee benefits expense for the quarter and nine months ended 31st December 2015 towards bonus for Rs.
Slide 4: Margin Expansion Continues
Margin Expansion Continues EBITDA Margin % PBT Before Exceptional Item Margin % 6.7% 9.9% 6.7% 6.4% +184 8.9% bps +61 bps 8.3% 8.2% 5.8% 8.1% 5.8% Q3FY15 Q4FY15 Q1FY16* Q2FY16 Q3FY16** Q3FY15 Q4FY15 Q1FY16 Q2FY16 Q3FY16 ** EBITDA Adjusted for the one time provision for Employee benefits expense for
Slide 5: Key Highlights
Key Highlights 1 2 3 Revenue led by Improved Cost Efficiency Higher Volumes Product Mix and and Lower in PC, CV falling commodity Interest Payouts segment and prices led to enabling aftermarket reduction in RMC EBITDA and PBT Channel , partially Costs margins compensated improvement decline in 2W Vo
Slide 6: Revenue Mix
Revenue Mix Segment – Mix Channel – Mix 4% 4% 11% 13% 10% 12% 26% 27% 86% 84% 63% 60% 9M FY15 9M FY16 9M FY15 9M FY16 Commercial Vehicles Exports Passenger Car Replacement 2W OE 6
Slide 7: Profit & Loss Highlights
Profit & Loss Highlights % of % of % of % of Rs. Mn Q3 FY16 Q3 FY15 YoY% 9M FY16 9M FY15 YoY% FY15 Sales Sales Sales Sales Revenue 3,548 100.0% 3,595 100.0% (1%) 10,719 100.0% 10,957 100.0% (2%) 14,441 Raw Material 2,496 70.4% 2,610 72.6% 7,653 71.4% 7,940 72.5% 10,434 Employee Expenses 320* 9.0% 26
Slide 8: Quarterly Performance Trend
Quarterly Performance Trend (Rs. Mn) Revenue EBITDA EBITDA Margin% 3,752 350 9.9% 3,595 329 3,484 3,548 8.8% 3,419 288 284 283 8.2% 8.3% 8.0% Q3FY15 Q4FY15 Q1FY16 Q2FY16 Q3FY16 Q3FY15 Q4FY15 Q1FY16* Q2FY16Q3FY16** Q3FY15 Q4FY15 Q1FY16* Q2FY16Q3FY16** PBT Before Exceptional Item & Margin (%) 300 6.7%
Slide 9: Business Overview
Business Overview Head Office, Pune, India 9
Slide 10: An Introduction
An Introduction Incorporation of Company, Gabriel India, in 1961 No “OE” accounts for more than 20% of sales Pioneer of Ride Control Products in the country Established significant presence in all channels of automotive sale, OE, Aftermarket and Exports “Golden Peacock Well diversified OEM Customer
Slide 11: Pioneer of Ride Control Products…
Pioneer of Ride Control Products… 2/3 Passenger Commercial Vehicle & Wheeler Car Railways Front Forks McPherson Struts Shock Absorbers Hydraulic Shock Gas Shock Absorbers Cabin Dampers Absorbers Gas Shock Absorbers Cartridges Seat Dampers AFTER MARKET ACROSS ALL SEGMENTS 11
Slide 12: ... With Diversified Revenue-Mix
... With Diversified Revenue-Mix Sales (Rs. Mn) Segment - Wise – 9M FY16 14,441 2/3 Wheelers 12,745 60% 11,960 11,153 10,719 9,617 Passenger Commercial cars Vehicles 27% 13% 6,883 Channel - Wise - 9M FY16 OE Aftermarket 84% 12% FY10 FY11 FY12 FY13 FY14 FY15 9MFY16 Exports 4% 12
Slide 13: Strategic Manufacturing Footprint
Strategic Manufacturing Footprint Ashok Leyland SML Isuzu Honda Cars GIL Presence Tata Motors Honda Motorcycles TVS Motors GIL Plants ICML Yamaha India Parwanoo Maruti Suzuki GIL Satellite Locations Suzuki Motorcycles Khandsa AMW Sanand Dewas GM Tata Motors Nashik Hindustan Motors Honda Motorcycles
Slide 14: Going Ahead
Going Ahead Head Office, Pune, India 14
Slide 15: Strategy to grow…
Strategy to grow… - Debt Reduction - BEP Reduction - Simplification TECHNOLOGY & - Automation INNOVATION EFFICIENCY IMPROVEMENT - R & D Focus - Sustainable Manufacturing - Innovation Culture SALES GROWTH - Exports Focus - In Organic Growth - Global Manufacturing Footprint - Customer Focus 15
Slide 16: …With SBU Approach
…With SBU Approach SBU Structure for focused approach • Created Strategic Business Units for each automotive segment : 2Wheelers/ 3Wheelers, Passenger Cars & Commercial Vehicles / Railways and After-Market Channel • To derive benefits in • Customer & Product Focus • Export Push • After market expans
Slide 17: For further information, please contact:
For further information, please contact: Company : Investor Relations Advisors : Gabriel India Ltd. Strategic Growth Advisors Pvt. Ltd. CIN : L34101PN1961PLC015735 CIN : U74140MH2010PTC204285 Mr. Rajendran Arunachalam Ms. Sanjita Ghosh / Mr. Shogun Jain rajendran.arunachalam@gabriel.co.in gsanjita@s