Lumax Auto Technologies Limited · NSE:LUMAXTECH
Lumax Auto Technologies — Q1 FY25 Earnings Presentation
33 slides from Lumax Auto Technologies's earnings presentation, Jun 30, 2024
Slide 1: Lumax Auto Technologies Limited Q1 FY25 Investor Presentation
Lumax Auto Technologies Limited Q1 FY25 Investor Presentation
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Lumax Auto Technologies Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for a
Slide 3: About Lumax Auto Technologies
About Lumax Auto Technologies Leading Auto Component Manufacturer having a Tier I relationship with all OEMs in India 9 12 26 Manufacturing facilities located Global JV’s with market leaders Product Lines in six states, strategically in Gear Shifter Systems & Vehicle positioned with proximity to EV
Slide 4: Diversified Product Portfolio
Diversified Product Portfolio Advance Plastics Mechatronics Cockpit & Consoles Door Panels Air Intake Systems Urea & Plastic Fuel Tanks Power Window Switch O2 Sensor Telematics Control Unit Shark Fin Antenna Headliners Trims Louvers Head Lamps Tail Lamps Front & Rear Fender Telematics Antenna LF Ant
Slide 5: EV Agnostic Product Portfolio
EV Agnostic Product Portfolio Content Segment Product Categories Products Lines ICE EV per Vehicle (Rs.) Cockpits & Consoles Headliners Door Panels Advance Plastics Trims Louvers Air Intake Systems X Tanks 55K – 60K Power window switch 4W Mechatronics Telematics Control
Slide 6: Mechatronics / Advance Plastics: Expanding presence with Spectrum of Solutions
Expanding presence with Spectrum of Solutions Revenue FY22 FY24 Key Customers: Outlook Advance Plastics 1,613 +60% 11% 8% Bajaj, M&M, Tata, MG, • Huge cross selling opportunities among 23% Toyota, Volkswagen, HMSI, existing customers and addition of new 23% HCIL, Fiat, Skoda, Renault, customer 751 N
Slide 7: Structures & Control Systems
Expanding presence with Spectrum of Solutions Structures & Control Systems Revenue FY22 FY24 Outlook +12% 8% 9% Key Customers: 31% MSIL, M&M, Toyota, Tata, 618 643 • Increase in wallet share among Honda, Daimler, Bajaj, Fiat, 509 46% existing customers Piaggio 46% • Addition of new technology driven
Slide 8: Localization in collaboration with Global Partners
Localization in collaboration with Global Partners JV for manufacture of JV for gear shifters JV for oxygen sensors antennas & vehicle TA for Kinematic Components communication products 55% in Lumax Mannoh 84% in Lumax FAE 50% in Lumax Yokowo Japan Spain Japan Japan Partnership for Vehicle JV for sa
Slide 9: Acquisition of IAC India to unlock Growth Opportunities with Diversity
Acquisition of IAC India to unlock Growth Opportunities with Diversity Integration with LATL Technology & Engineering Diversification Technology 110+ CAD & CAE 250+ Engineers & Workstations Designers • Addition of significant business • Long-term partnership with a in the PV & SUV segment global lea
Slide 10: Strategic Manufacturing Locations in Proximity to Customers
Strategic Manufacturing Locations in Proximity to Customers Manesar & Gurugram (Haryana) Pantnagar (Uttarakhand) No of Plants - 8 No of Plants - 3 Mehsana (Gujarat) Bhiwadi (Rajasthan) No of Plants - 1 No of Plants – 1 Pune, Nashik & Waluj (Maharashtra) Bangalore (Karnataka) No of Plants - 10 No of
Slide 11: Enhancing the Path to Innovation
Enhancing the Path to Innovation Government certified in-house R&D center and an Engineering To integrate and inculcate R&D strengths of global partners to Center, indicating a strong commitment of developing Cutting- leverage, develop, and manufacture locally according to the edge Technologies need
Slide 12: Upholding excellence in Corporate Governance
Upholding excellence in Corporate Governance Board of Directors Mr. Dhanesh Kumar Jain Chairman Over 50 years of experience in the Mr. Arun Kumar automotive industry in management, Malhotra operations & administrative roles. Mr. Parag Chandulal Shah Independent Directors He has held various industry
Slide 13: Visionary Leadership Team
Visionary Leadership Team Mr. Vikas Marwah Mr. Sanjay Mehta Chief Executive Officer Director & Group CFO Experience: 30+ Years Experience: 30+ Years Mr. Ashish Dubey Mr. Sunil Koparkar Chief Financial Officer Managing Director, LIVE Experience: 30+ Years (IAC India) Experience: 30+ Years Mr. Sanjay
Slide 14: Our ESG Roadmap
Our ESG Roadmap Lumax – Plant Carbon Neutrality Strategy 100% ETP & STP Advance 100% rain-water 25% reduction of 30% reduction of 40% reduction in all plants Equipment harvesting setup. Co2 (Supply Co2 (Supply of Co2 (Supply Diversity ratio installation for the 10% reduction of chain
Slide 15: CSR Initiatives
CSR Initiatives Lumax Charitable Foundation, the CSR arm of Lumax, actively works on the 3 SDGs – • Quality Education, Good Health and Clean Water and Sanitation. • Students in adopted government and low-income private schools are supported through various initiatives beyond school learning in terms
Slide 16: Celebrating Milestones with Awards & Accolades
Celebrating Milestones with Awards & Accolades LATL Bangalore - received “Best QCD LATL Pantnagar - received the esteemed LATL Chakan - received the esteemed Mr. Vikas Marwah, CEO - Lumax Auto IAC India won the Part design & Performance Award” at HMSI Annual Special Award for TPM Achievement from Aw
Slide 17: Media Coverages & Visits
Media Coverages & Visits Mr. Anmol Jain, Managing Director Mr. Vikas Marwah, CEO Fostering Partnerships. Propelling Growth. 17
Slide 18: Q1 FY25 Operational & Financial Performance
Q1 FY25 Operational & Financial Performance
Slide 19: Management Commentary
Management Commentary Commenting on the Q1FY25 performance of the company Mr. Anmol Jain, Managing Director for Lumax Auto Technologies Limited said, We are delighted to report robust performance for the quarter with revenues growing by 20% for Q1FY25 standing at Rs 756 crores. EBITDA for the quarte
Slide 20: Q1FY25 – Financial Snapshot
Q1FY25 – Financial Snapshot Revenue (Rs. In Crs) EBIDTA (Rs. In Crs) PAT (Rs. In Crs) +20% +20% +43% 756 105 32 632 88 22 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 EBIDTA Margin (%) PAT Margin (%) Flat +70 bps 14.0% 14.0% 4.2% 3.5% Q1FY24 Q1FY25 Q1FY24 Q1FY25 Fostering Partnerships. Propelling Growt
Slide 21: Q1FY25 – Product Category Wise Revenue Performance
Q1FY25 – Product Category Wise Revenue Performance Q1 FY24 Q1 FY25 Percentage of Total Y-o-Y (%) Revenue (Q1 FY25) Advance Plastics 371 420 13% 56% Mechatronics 11 28 160% 4% Structures & Control 147 165 12% 22% Systems Aftermarket 84 84 1% 11% Others 19 59 215% 7% Total 632 756 20% 100% Fostering P
Slide 22: Q1FY25 – Segment & Customer wise Performance
Q1FY25 – Segment & Customer wise Performance Segment Wise Revenue Customer Wise Revenue 8% 6% 24% 11% 24% 23% 22% 13% 25% 26% 8% 4% 9% Q1FY24 Q1FY25 5% Q1FY24 Q1FY25 5% 8% 16% 15% 5% 6% 8% 8% 45% 50% 13% 11% M&M After Market HMSI TATA 2/3 Wheeler PV CV After Market Others Bajaj MSIL LIL Others (Misc
Slide 23: Key Consolidated Ratios
Key Consolidated Ratios Adjusted RoE Adjusted RoCE Dividend Per Share 19.2% 29.1% 5.50 4.50 14.0% 22.4% 12.8% 3.50 14.9% 16.3% 3.00 8.9% FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 FY21 FY22 FY23 FY24 Long Term Debt / Equity Asset Turns (x) 0.62 2.43 2.23 1.84 1.77 0.52 0.05 0.03 FY21 FY22 FY23 FY24 FY2
Slide 24: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs. in Crores.) Q1FY25 Q1FY24 Y-o-Y Q4FY24 Q-o-Q Revenue 755.9 631.7 20% 757.4 0% Raw Material Consumption 480.5 403.3 499.2 Employee Expenses 107.8 83.7 90.9 Other Expenses 79.5 64.5 75.4 Other Income 17.4 8.0 17.9 EBITDA 105.5 88.1 20% 109.7 -4% EB
Slide 25: Balance Sheet
Balance Sheet ASSETS (Rs. in Crores.) Mar-24 Mar-23 EQUITY & LIABILITIES Mar-24 Mar-23 Non-current assets Equity Property, plant and equipment 575.5 566.7 Equity Share capital 13.6 13.6 Capital work-in-progress 35.8 12.9 Non-Controlling Interest 223.7 187.1 Investment Property 22.9 12.4 Other equity
Slide 26: Cashflow Statement
Cashflow Statement Particulars (Rs. in Crores.) FY24 FY23 PBT 226.7 146.8 Adjustments 157.2 43.8 Operating profit before working capital changes 383.9 190.6 Changes in working capital -54.6 -15.1 Cash generated from operations 329.3 175.5 Direct taxes paid (net of refund) -63.9 -38.3 Net Cash from O
Slide 27: Annexures
LUMAX Annexures
Slide 28: Strong JV Partners
Strong JV Partners IAC India Mannoh Cornaglia Alps Alpine Shift levers (AT and MT), Spare Vehicle Interior Systems & Air filters, Plastic fuel tanks, Electric devices and Products wheel carriers, Forged cutting Components and Urea tank components products No of Plants 5 3 2 1 Key MSIL, M&M, Toyota,
Slide 29: Strong JV Partners
Strong JV Partners Ituran Yokowo JOPP FAE Control Housing, Monostable E- Antennas & other vehicle Products Telematics shifters, Smart Actuator, Shift Oxygen Sensors communication products Tower No of Plants 1 1 1 1 Key Daimler HCIL, Toyota M&M & MSIL MSIL Customers Order Book - Rs 40 crores Rs 60 cr
Slide 30: About DK Jain Group
LUMNAX About DK Jain Group
Slide 31: About Lumax Group
About Lumax Group Building an admired high Respect Integrity Our performance Global Our We deliver Pride and Progress Our Organization in whom all Vision stakeholders have absolute Purpose with Positivity Values Passion Excellence trust Leader in About DK Jain Group Automotive 38 Manufacturing Over
Slide 32: Lumax Group - Two Listed Entities
Lumax Group - Two Listed Entities Lumax Auto Technologies Lumax Industries Partnerships & JV’s Partnerships & JV’s Cornaglia – Italy YOKOWO - Japan Mannoh – Japan JOPP - Germany Stanley – Japan Ituran – Israel FAE – Spain Alps Alpine – Japan IAC - USA Group SL Corporation - Korea
Slide 33: Thank You
Thank You For further information, please contact: Company Investor Relations Lumax Auto Technologies Limited Strategic Growth Advisors Pvt. Limited CIN: L31909DL1981PLC349793 CIN: U74140MH2010PTC204285 Ms. Priyanka Sharma Mr. Shogun Jain / Mr. Sagar Shroff priyanka.sharma@lumaxmail.com shogun.jain@
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