Jtekt India Limited · NSE:JTEKTINDIA
Jtekt India — Q2 FY2023-24 Earnings Presentation
21 slides from Jtekt India's earnings presentation, Nov 3, 2023
Slide 1: Exchange cover letter for analyst presentation
3rd November, 2023 The BSE Limited National Stock Exchange of India Ltd. Department of Corporate Services Exchange Plaza, 5th Floor, Floor 1, New Trading Ring Plot No. C/1, G Block Rotunda Building. P.J. Towers Bandra – Kurla Complex Dalal Street, Fort Bandra (E) Mumbai 400 001. Mumbai 400 051. Scri
Slide 2: JTEKT India Ltd Investor Presentation – November 2023
Classification: Confidential JTEKT India Ltd Investor Presentation – November 2023 1 PROPERITY & CONFIDENTIAL JTEKT JTEKT CORPORATION India Limited
Slide 3: Contents
Contents Classification: Confidential 1 Performance Review - Standalone 4 2 Performance Review - Consolidated 7 3 Key Ratios -Impact on Financials 9 4 Operational Highlights 11 5 Financial Statements 13 6 About Us 17 7 About JTEKT Corporation 19 2 PROPERITY & CONFIDENTIAL JTEKT JTEKT CORPORATION Ind
Slide 4: Performance Review - Standalone
Classification: Confidential Performance Review- Standalone 3 PROPERITY & CONFIDENTIAL JTEKT India JTEKT Limited CORPORATION
Slide 5: Q2 FY 2023-24 Standalone (YoY)
Classification: Confidential Q2 FY 2023-24 Standalone (YoY) Revenue EBIDTA PAT 8000 700 10% 8.7% 8.4% 400 6% 600 5.1% 5.0% 2.2% 8% 5% 6000 500 300 5797 5925 501 497 296 4% 400 6% 294 4000 200 3% 300 4% 200 2% 2000 2% 100 100 1% 0 0 0% 0 0% Q-2 (F-23) Q-2 (F-24) Q-2 (F-23) Q-2 (F-24) Q-2 (F-23) Q-2 (
Slide 6: Q1 FY 2023-24 Standalone (QoQ)
Classification: Confidential Q1 FY 2023-24 Standalone (QoQ) Revenue EBIDTA PAT 8000 800 10% 8.4% 400 6% 22.1% 600 8% 5.0% 6000 5% 5925 5.9% 300 6% 4% 4854 400 497 3.1% 294 4000 200 3% 4% 284 2% 2000 200 2% 100 152 1% 0 0 0% 0 0% Q-1 (F-24) Q-2 (F-24) Q-1 (F-24) Q-2 (F-24) Q-1 (F-24) Q-2 (F-24) Rev
Slide 7: Performance Review - Consolidated
Classification: Confidential Performance Review- Consolidated 6 PROPERITY & CONFIDENTIAL JTEKT JTEKT CORPORATION India Limited
Slide 8: Q2 FY 2023-24 Consolidated (YoY)
Classification: Confidential Q2 FY 2023-24 Consolidated (YoY) Revenue EBIDTA PAT 8000 800 12% 10.1% 10.2% 400 6% 5.3% 5.1% 2.3% 10% 5% 6000 600 300 5710 5839 579 598 8% 300 299 4% 4000 400 6% 200 3% 4% 2% 2000 200 100 2% 1% 0 0 0% 0 0% Q-2 (F-23) Q-2 (F-24) Q-2 (F-23) Q-2 (F-24) Q-2 (F-23) Q-2 (F-24
Slide 9: Q2 FY 2023-24 Consolidated (QoQ)
Classification: Confidential Q2 FY 2023-24 Consolidated (QoQ) Revenue EBIDTA PAT 8000 800 12% 400 6% 10.2% 5.1% 10% 5% 22.3% 600 6000 300 7.1% 3.9% 5839 598 8% 299 4% 4000 4775 400 6% 200 3% 340 4% 185 2% 2000 200 100 2% 1% 0 0 0% 0 0% Q-1 (F-24) Q-2 (F-24) Q-1 (F-24) Q-2 (F-24) Q-1 (F-24) Q-2 (F-24
Slide 10: Key Ratios : Financials
Classification: Confidential Key Ratios : Financials Debt Equity Fixed Assets Turnover Ratio 1.30 6.00 1.10 5.00 4.40 4.31 0.90 4.00 3.52 3.39 3.40 3.50 0.70 3.00 3.00 0.50 0.44 0.33 2.00 0.30 0.13 0.09 0.11 0.09 0.09 1.00 0.10 - (0.10) FY-18 FY-19 FY-20 FY-21 FY-22 FY-23 H-1 FY- FY-18 FY-19 FY-20 F
Slide 11: Operational Highlights
Classification: Confidential Operational Highlights 10 PROPERITY & CONFIDENTIAL JTEKT JTEKT CORPORATION India Limited
Slide 12: Product Wise & Geographic Sales Mix
Classification: Confidential Product Wise & Geographic Sales Mix Product Wise Sales Mix* Geographic Sales Mix Product Revenue Breakup H1 FY-24 H1 FY-24 H1 FY-24 4.3% 4.0% Others, 10.2% CVJ, 3.0% Axle, 0.0% RPS M, 23.5% Coloumn, 8.2% HPS, 9.3% 95.7% 96.0% CEPS, 45.8% Driveline Steering & Columns Expo
Slide 13: Financial Statements
Classification: Confidential Financial Statements 12 PROPERITY & CONFIDENTIAL JTEKT JTEKT CORPORATION India Limited
Slide 14: P&L – Standalone (Quarter)
Classification: Confidential P&L –Standalone (Quarter) Rs/Million Particulars Qtr-2 F23 Qtr-2 F24 QoQ % Qtr-1 F24 QoQ % Sales Revenue 5797 5925 2% 4854 22% Material Cost 4302 4397 2% 3604 22% Manufacturing Cost 289 319 10% 274 17% Selling Cost 86 80 -8% 71 12% Employee Cost 525 536 2% 527 2% Adminis
Slide 15: P&L – Standalone (Half Year)
Classification: Confidential P&L –Standalone (Half Year) Rs/Million Particulars YTD Sep'22 YTD Sep'23 YoY % Sales Revenue 10587 10779 2% Material Cost 7803 8001 3% Manufacturing Cost 553 592 7% Selling Cost 165 151 -8% Employee Cost 1035 1063 3% Administrative Cost 182 190 5% EBITDA 850 781 -8% Depr
Slide 16: P&L – Consolidated (Quarter)
Classification: Confidential P&L –Consolidated (Quarter) Rs/Million Particulars Qtr-2 F23 Qtr-2 F24 QoQ % Qtr-1 F24 QoQ % Sales Revenue 5710 5839 2% 4775 22% Material Cost 4076 4160 2% 3416 22% Manufacturing Cost 306 334 9% 287 16% Selling Cost 87 80 -8% 72 12% Employee Cost 564 567 1% 562 1% Admini
Slide 17: P&L – Consolidated (Half Year)
Classification: Confidential P&L –Consolidated (Half Year) Rs/Million Particulars YTD Sep'22 YTD Sep'23 YoY % Sales Revenue 10427 10614 1% Material Cost 7395 7575 2% Manufacturing Cost 586 621 6% Selling Cost 166 152 -9% Employee Cost 1110 1129 2% Administrative Cost 192 199 4% EBITDA 978 938 -4% De
Slide 18: About JTEKT India Limited
Classification: Confidential About JTEKT India Limited (Company Background) Established in 1984, JTEKT India Limited (JIN) manufacturers steering systems for the passenger car and utility vehicle market in India, catering to passenger cars, utility vehicles and light commercial vehicles. The Compa
Slide 19: About JTEKT Corporation Japan
Classification: Confidential About JTEKT Corporation Japan 18 PROPERITY & CONFIDENTIAL JTEKT JTEKT CORPORATION India Limited
Slide 20: About JTEKT Corporation
Classification: Confidential About JTEKT Corporation (Company Background) JTEKT Corporation was established in January 2006 through the merger of Koyo Seiko Co. Ltd., a world-class bearing manufacturer, and Toyoda Machine Works, Ltd., a machine tool manufacturer excelling in world-leading technolo
Slide 21: The Journey Continues
Classification: Confidential The Journey Continues 20 PROPERITY & CONFIDENTIAL JTEKT JTEKT CORPORATION India Limited