Exide Industries Limited · NSE:EXIDEIND

Exide Industries — Investor Presentation (March 2020)

15 slides from Exide Industries's investor presentation, Mar 3, 2020

  1. Slide 1: Investor Meet Finance Presentation

    1 Investor Meet Finance Presentation 1 03-March-2020 Mumbai 0

  2. Slide 2: Forward Looking Statement

    Forward Looking Statement 1 In this document, we have disclosed forward-looking information to enable investors to comprehend our prospects and take investment decisions. This document and other statements–written and oral–that we periodically make, contain forward-looking statements that set out an

  3. Slide 3: 1.5 X growth in Net Turnover

    1.5 X growth in Net Turnover 1 Net turnover 16% (INR MN) CAGR 125,000 105,883 100,000 91,862 75,835 75,000 68,477 50,000 2015-16 2016-17 2017-18 2018-19 Euro (MN) 845 936 1,134 1,307 US$ (MN) 978 1,083 1,312 1,513 @ constant Fx # standalone Financial Statement 2

  4. Slide 4: With a corresponding 1.4X rise in EBITDA

    With a corresponding 1.4X rise in EBITDA 1 EBITDA 11% (INR MN) CAGR 16,000 14,113 14,000 12,408 12,000 10,825 10,261 10,000 8,000 2015-16 2016-17 2017-18 2018-19 Euro (MN) 127 134 153 174 US$ (MN) 147 155 177 202 @ constant Fx 2019-20 2018-19 (9 Months) EBITDA% 13.3% 14.0% # standalone Financial Sta

  5. Slide 5: PBT has grown year on year

    PBT has grown year on year 1 PBT * 8% CAGR (INR MN) 12,000 11,302 10,479 10,000 9,757 9,081 8,000 6,000 2015-16 2016-17 2017-18 2018-19 Euro (MN) 112 120 129 140 US$ (MN) 130 139 150 161 @ constant Fx * PBT is before exceptional items #s from standalone Financial Statement 4

  6. Slide 6: Overall, PAT has an increasing trend

    Overall, PAT has an increasing trend 1 Adjusted Profit after tax* 8% CAGR (INR MN) 8,000 7,671 6,936 6,955 7,000 6,244 6,000 5,000 2015-16 2016-17 2017-18 2018-19 Euro (MN) 77 86 86 95 US$ (MN) 89 99 99 110 @ constant Fx * Adjusted for exceptional items #s from standalone Financial Statement 5

  7. Slide 7: State of art Capex ensures Exide's future readiness

    State of art Capex ensures Exide’s future readiness 1 Capital Expenditure (INR MN) 9,000 7,534 6,910 6,000 4,305 4,435 3,000 2015-16 2016-17 2017-18 2018-19 Euro (MN) 53 55 93 85 US$ (MN) 61 63 108 99 @ constant Fx Quality Capacity Charging Technology improvement/ Statutory Tools Year Enhancement ca

  8. Slide 8: We generate sufficient cash for re-investment

    We generate sufficient cash for re-investment 1 —Exide is a debt-free company Cash flow from operations (INR MN) 12,000 10,037 9,000 6,000 5,166 4,310 3,000 0 2016-17 2017-18 2018-19 Euro (MN) 53 64 124 US$ (MN) 62 74 143 @ constant Fx Reason for sharp increase in 2018-19: Decrease in Net working ca

  9. Slide 9: 'Best in Class' Return on capital employed

    ‘Best in Class’ Return on capital employed* 1 ROCE (%) 40% 32.1% 28.8% 29.5% 30% 26.4% 20% 10% 2015-16 2016-17 2017-18 2018-19 * Battery business ROCE #s from standalone Financial Statement 8

  10. Slide 10: EPS has grown in line with profitability

    EPS has grown in line with profitability 1 Adjusted EPS* 7% CAGR (in INR) 15 10 9.02 8.16 8.18 7.35 5 0 FY16 FY17 FY18 FY19 * Adjusted for exceptional items #s from standalone Financial Statement 9

  11. Slide 11: Maintained high Dividend payout over the years

    Maintained high Dividend payout over the years … declared 1 record dividend in FY20 Dividend Average Dividend payout (in INR MN) of 35% in last four years 5,000 4,180 4,000 3,000 2,430 2,430 2,460 2,460 2,000 FY16 FY17 FY18 FY19 FY20 (declared) Euro (MN) 30 30 30 30 52 US$ (MN) 35 35 35 35 60 @ cons

  12. Slide 12: FY'20 Revenue down due to external factors; costs well under control

    FY’20 Revenue down due to external factors; however costs well 1 under control Net Revenue EBITDA margin 9M 2019-20 9M 2019-20 INR 78,016 MN 14.0% INR 79,897 MN 13.0% 9M 2018-19 9M 2018-19 PBT margin* PAT margin* 9M 2019-20 9M 2019-20 11.1% 8.7% 10.3% 7.0% 9M 2018-19 9M 2018-19 * Before exceptional

  13. Slide 13: Taxation: Schemes by Govt. and 2019 amendment to Tax Ordinance

    Taxation: 1 Schemes by Govt. and 2019 amendment to Tax Ordinance Opted for lower tax regime of 25.17% Sabka Vishwas, Vivaad Se Vishwas Settlement of Dispute Schemes by State Governments 12

  14. Slide 14: Measures we took to improve profits this year

    Measures we took to improve profits this year 1  Increased employee productivity  Deployed more Solar in power mix Tightened costs:  Rationalised number of warehouses  Ensured FMEA led Warranty reduction  Used Telepresence for routine meetings Waste reduction  Standardised best practices at fa

  15. Slide 15: We aim to maximize Investor returns through key levers

    We aim to maximize Investor returns through key levers 1 Cost Improved Revenue growth competitiveness profitability Consistent dividends • Maintaining edge on raw materials • Addressing costs: – Employee – Warranty – Power and Fuel 14

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