Slide 1: Pricol Limited
PRICOL LIMITED Passion to Excel CPM Towers, 109, Race Course, Coimbatore 641018, India % +931 422 4336000 l@ +91 422 4336299 a city@pricol.co.in @ pricol.com GIN:L33129¥21972PLCG00641 PL/SEC/TGT/2015-2016/269 4. CUSTOMERS +. EMPLOYEES 4. SHAREHOLDERS A SUPPLIERS Monday, 22" February 2016 Corporate R
Slide 2: Investor Presentation February 22, 2016
INVESTOR PRESENTATION FEBRUARY 22, 2016 Copyright © PRICOL Limited Slide 1
Slide 3: Disclaimer
This presentation has been prepared by Pricol Limited (the “Company”) solely for your information and for your use and may not be taken away, distributed, reproduced or redistributed or passed on, directly or indirectly, to any other person (whether within or outside your organization or firm) or pu
Slide 4: Vision, Mission and Stakeholders
STAKE HOLDERS VISION We will strive to attain leadership and excellence in all the products and services that we provide, through socially and environmentally acceptable means. MISSION Be Dynamic: Constantly innovate and find better ways to deliver value to our customers CUSTOMERS Constantly Evolve:
Slide 5: Core Values
CORE VALUES Pricol is built on generating value and propelling positive change. We are transformative; hence, our communication platforms should adhere to creating value for all our stakeholders, i.e. customers, suppliers, shareholders and employees, providers and the communities we are engaged in.
Slide 6: Company Profile
COMPANY PROFILE Pattern of Shareholding (Dec 31, Pricol Limited commenced operations in 1974 with headquarters in Coimbatore, India 2015) Promoter Family Subsidiary Companies Others • Pricol Pune, India • PT Pricol Surya, Indonesia 40.20% • Pricol do Brasil • Pricol Asia, Singapore 59.80% FY Apr 201
Slide 7: Global Presence
GLOBAL PRESENCE LONDON STUTTGART DETROIT CHICAGO NEW JERSEY TOKYO PANTNAGAR GURGAON PUNE COIMBATORE SINGAPORE JAKARTA INTERNATIONAL OFFICES MANUFACTURING FACILITIES SAO PAULO Copyright © PRICOL Limited Slide 6
Slide 8: Serving the Global Automotive Market
Serving the Global Automotive Market 2 Wheeler 3 Wheeler Cars & Vans Tractors Commercial Off-Road Industrial Vehicles Vehicles With a wide range of products TELEMATICS, BODY CONTROL ASSET MANAGEMENT DRIVER INFORMATION PUMPS & MECHANICAL & SECURITY SOLUTIONS SOLUTIONS SYSTEMS & SENSORS PRODUCTS Telem
Slide 9: Products
PRODUCTS Copyright © PRICOL Limited Slide 8
Slide 10: Two Wheelers
TWO WHEELERS Instrument Cluster Telematics Fuel Pump Module Body Control Module TFR Type Fuel Level Sensor Water Pump Reed Type Fuel Level Sensor Oil Pump Speed Sensor Chain Tensioner Auto Fuel Cock Auto Decompression Unit Copyright © PRICOL Limited Slide 9
Slide 11: Four Wheelers
FOUR WHEELERS Instrument Cluster Manifold Absolute Fuel Pump Pressure Sensor Module TFR Type Telematics Fuel Level Sensor Body Control Module Temperature Sensor Reed Type Fuel Level Sensor Oil Pump Speed Sensor Speed Sensor Water Pump (Contact Type) (Non Contact Type) Copyright © PRICOL Limited Slid
Slide 12: Commercial Vehicles
COMMERCIAL VEHICLES Instrument Cluster Gauges Speed Governor Telematics Centralized Lubrication System Oil Pump Body Control Unit Water Pump Fuel Level Sensor Cabin Tilting System CRANK Sensor CAM Sensor Copyright © PRICOL Limited Slide 11
Slide 13: Tractors & Off-Road Vehicles
TRACTORS & OFF-ROAD VEHICLES Instrument Cluster Telematics Gauges Centralized Hydraulic Cylinder Lubrication System Temperature Sensor Body Control Unit Engine Speed Sensor Water Pump Oil Pump Fuel Level Sensor Copyright © PRICOL Limited Slide 12
Slide 14: All-Terrain Vehicles
ALL-TERRAIN VEHICLES Instrument Cluster Telematics Gauges Body Control Unit Speed Sensor Fuel Level Sensor Water Pump Oil Pump Copyright © PRICOL Limited Slide 13
Slide 15: Customers
CUSTOMERS Copyright © PRICOL Limited Slide 14
Slide 16: Two Wheelers, Four Wheelers
TWO WHEELERS FOUR WHEELERS Copyright © PRICOL Limited Slide 15
Slide 17: Commercial Vehicles, Tractors
COMMERCIAL VEHICLES TRACTORS Copyright © PRICOL Limited Slide 16
Slide 18: Off-Road Vehicles, ATV, Industrial & Others
OFF-ROAD VEHICLES ATV, INDUSTRIAL & OTHERS Copyright © PRICOL Limited Slide 17
Slide 19: Standalone Revenue Breakup
STANDALONE REVENUE BREAKUP Product Group Revenue Breakup Segment-wise Revenue Breakup Sintered Components Others 2% 7% Fleet Others Speed Governors Management 4% 10% Solutions 11% Asset Mgmt Solns Telematics Driver 2% 1% Information Systems 40% Tractors 6% 2W 53% ORV 4% Pumps and Mechanical CV produ
Slide 20: Standalone Financials at a Glance 9 Months FY 2015-16
STANDALONE FINANCIALS AT A GLANCE 9 MONTHS FY 2015-16 (Amounts in INR Mns) Particulars Q1 FY 16 Q2 FY 16 Q3 FY 16 9 M FY 16 9 M FY 15 Net Sales 2,174.65 2,336.76 2,972.00 7,483.41 7,204.91 Total Income from Operations 2,301.01 2,455.04 3,080.52 7,836.56 7,219.66 EBITDA 124.58 137.47 358.64 620.69 32
Slide 21: Financial Summary (9 Months FY 2015-16)
FINANCIAL SUMMARY (9 MONTHS FY 2015-16) Revenue Amount in INR Mns EBITDA Comparison Amount in INR Mns 8,000.00 900.00 12.0% 7,836.56 825.88 800.00 758.79 694.35 10.0% 700.00 10.1% 7,219.66 619.52 620.69 600.00 8.4% 8.0% 7,000.00 8.1% 7.9% 500.00 7.5% 6.0% 400.00 300.00 252.91 4.0% 6,000.00 200.00 2.
Slide 22: Automotive Industry - Market Indicators
AUTOMOTIVE INDUSTRY - MARKET INDICATORS Auto Component Industry Amount in USD Mns Automotive Industry Sales – Growth+ Units in Mns 45 41.3 42.2 30.00 39.7 38.5 40 35.1 25.00 35 23.94 30.8 22.24 30 26.5 20.00 20.95 21.27 25 24.1 18.33 15.00 20 14.53 15 10.00 10 5.00 5 0 - FY 08 FY 09 FY 10 FY 11 FY 1
Slide 23: Rationale for Growth
RATIONALE FOR GROWTH Segment Driver Information Systems Pumps & Mechanical Products Sensors Asset Management Systems Higher Disposable Income Regulations on emissions & Increased theft of 2W Favorable Demographics Reducing fuel prices to increase Safety aspects demanding the need for 2W India-
Slide 24: Margin Improvement Roadmap Between FY'16 & FY'20
MARGIN IMPROVEMENT ROADMAP BETWEEN FY’16 & FY’20 (PRICOL STANDALONE) 1 2 3 4 - Increased Focus on - Differentiating Products on - Productivity Improvement - Consolidation of Loss Price recovery & Consolidation Product Mix High Margin Markets & Segments Cost Restructuring Exports the roll out such as
Slide 25: Pricol Vision 2020
PRICOL VISION 2020 Expected Consolidated Revenue of INR 3,000 Crores by FY 2019-20 Expected CAGR of 20% from FY 2016-17 to FY 2019-20 EBITDA of 15% or higher by FY 2019-20 Strong Export Growth indicators to contribute in incremental EBITDA margins Pricol is set to grow organically at 14% and inorgan
Slide 26: Vision for 2020: ₹3000 Crores
PRICOL 2016 : ₹ 1450 Crores (Estimated Consolidated Revenue) • The world’s 2nd largest manufacturer of Driver Information Systems (DIS) for the 2 Wheel segment • India’s largest manufacturer of automotive pumps for the 2 Wheel segment • World’s fourth largest manufacturer of Instrument clusters for
Slide 27: Questions
QUESTIONS Copyright © PRICOL Limited Slide 26
Slide 28: Thank You
THANK YOU Copyright © PRICOL Limited Slide 27
Slide 29: Copyright © PRICOL Limited Slide 28
Copyright © PRICOL Limited Slide 28