Bharat Forge Ltd · NSE:BHARATFORG
Bharat Forge — Investor Presentation (November 2016)
14 slides from Bharat Forge's investor presentation, November 2016
Slide 1: Investor Presentation November 2016
INVESTOR PRESENTATION November 2016 | Bharat Forge Ltd. | Pune MAKING IN INDIA FOR THE WORLD
Slide 2: Bharat Forge Limited - A Global Industrial Conglomerate
Bharat Forge Limited - A Global Industrial Conglomerate BHARAT FORGE: PROFILE GLOBAL FORGING CONGLOMERATE • Consolidated Revenues: ~ US$ 1.2 Bn Geography Capacity (TPA) • 9 Manufacturing locations across 4 countries. 403,750 • Global Marquee Customer base of more than 35 OEM’s &Tier- 1 companies acr
Slide 3: Bharat Forge Limited – Key Differentiators
Bharat Forge Limited – Key Differentiators Full service supply capability Technology & Innovation Strong focus on product innovation and cutting edge technology Development partners Relationship Leveraging relationship to expand Key in to new sectors Differentiators Strong Marquee Clientele Customer
Slide 4: Transformational Shifts around three Success Levers
Transformational Shifts around three Success Levers 1. From ‘Muscle Power’ to ‘Brain Power’ PEOPLE 2. Creating a ‘Knowledge Workforce’ 3. Modernizing ‘Technology & Operations’ TECHNO- 4. From a ‘Generic Supplier’ to a ‘Partner of LOGY Choice’ ENGINEERING 5. From an ‘Indian Company’ to a ‘Global & Co
Slide 5: Highlights : Q2 FY2017
Highlights : Q2 FY2017 • Passenger Vehicle business continues to gain momentum with the addition of two new customers in the domestic markets. • Further strengthened its market share in the North American CV market with addition of a new customer. EBITDA margins North America Class 8 Depressed commo
Slide 6: Standalone Results – Q2 FY 2017
Standalone Results – Q2 FY 2017 (INR Million) Particulars Q2 FY17 Q1 FY17 % change Shipment Tonnage 46,203 49,098 (5.9) Domestic Revenue 4,844 5,492 (11.8) Export Revenue 4,515 4,079 10.7 Total Revenue 9,359 9,571 (2.2) EBITDA 2,531 2,537 (0.2) EBITDA % 27.0% 26.5% PBT before Ex Gain/ (loss) 1,921 1
Slide 7: Geographical Breakup - Standalone
Geographical Breakup - Standalone Q2 FY 2017 Q1 FY 2017 3% 2% 19% 18% India India 52% Americas 23% 57% Americas 26% Europe Europe Asia-Pac Asia-Pac Particulars (INR Million) Q2 FY 2017 Q1 FY 2017 % Change India 4,844 5,492 (11.8) Americas 2,412 2,149 12.3 Europe 1,781 1,769 0.7 Asia Pacific 322 161
Slide 8: Segmental Breakup - Standalone
Segmental Breakup - Standalone Q2 FY 2017 Q1 FY 2017 Commercial 10% 13% Commercial Vehicles Vehicles Industrial 35% 55% 36% 51% Industrial Passenger Passenger Vehicles Vehicles Particulars (INR Million) Q2 FY 2017 Q1 FY 2017 % Change Commercial Vehicles 4,249 4,688 (9.4) Industrial 2,989 3,003 (0.5)
Slide 9: Increasing resilience with diversification
Increasing resilience with diversification Q1 FY 2017 Q1 FY 2017 Q3 FY 2013 26.5% Q3 FY 2013 19.7% Q4 FY 2009 Q4 FY 2009 9.6% 20.6% 14.6% -0.8% EBITDA MARGINS PBT MARGINS Q4 FY 2009 Q4 FY 2009 10.1% 0.99 Q3 FY 2013 Q3 FY 2013 5.4% 0.55 Q1 FY 2017 Q1 FY 2017 1.8% 0.19 INTEREST COSTS (%) D/E (NET) RAT
Slide 10: Segmental Diversification
Segmental Diversification YEAR YEAR YEAR YEAR YEAR SECTOR DE RISKED BUSINESS MODEL 2001 2004 2012 2015 2017 TRUCK PASSENGER CAR GEOGRAPHICAL DIVERSIFICATION CONSTRUCTION MINING SECTOR DIVERSIFICATION AGRICULTURE OIL & GAS PRODUCT EXPANSION AEROSPACE 30,000 Revenue Development Exports (INR Million) 2
Slide 11: Growth Drivers
Growth Drivers Continued focus on From an product innovation, new Engine/Chassis technology and advanced Supplier manufacturing Powertrain solutions provider TRANSITION INNOVATE DIVERSIFY DE-RISK Broaden scope of Increase value content product offering to per equipment by sectors having a long lev
Slide 12: Asset Light Capex: Changing the Approach
Asset Light Capex: Changing the Approach CUSTOMER PRODUCT CAPEX PEOPLE PRODUCT CAPEX PEOPLE CUSTOMER MAKING IN INDIA FOR THE WORLD 12
Slide 13: Disclaimer
Disclaimer 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 statemen
Slide 14: Thank You
<* BHARAT FORGE Ww KALYANI THANK YOU