Divgi Torqtransfer Systems Ltd. · NSE:DIVGIITTS
Divgi Torqtransfer Systems — Q3 FY26 Earnings Presentation
41 slides from Divgi Torqtransfer Systems's earnings presentation, Feb 12, 2026
Slide 1: Submission of Investor Presentation to Stock Exchanges
Divgi TorqTransfer Systems Limited Divgi TorqTransfer Systems CIN: L32201MH1964PLC013085 75, General Block, MIDC, Bhosari, Pune 411 026, India Tel: (+91-20) 63110110 Web: www.divgi-tts.com Ref.: DTTS/Sec/25-26/82 February 12, 2026 To, To, BSE Limited, National Stock Exchange of India Limited, Phiroz
Slide 2: Preparing for the Next Orbit – Investor Presentation Q3 & 9MFY26
PREPARING FOR THE NEXT ORBIT Divgi TorqTransfer Systems Limited Investor Presentation – Q3 & 9MFY26
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Divgi TorqTransfer Systems Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe fo
Slide 4: Index
Index Sr. No. Contents Slide No. 1 Q3 & 9MFY26 Performance 4 2 Key Business Highlights 5 3 Business Order Win for Transfer Case Segment 6 4 Key Focus Areas 7 5 Q3 & 9MFY26 Financial Snapshot 8 - 15 6 Way Forward 16 - 22 7 About Divgi 23 - 32 8 Historical Financials 33 - 39 3
Slide 5: Q3 & 9MFY26 Executive Summary
Q3 & 9MFY26 Executive Summary Total Income EBITDA Net Profit 9MFY26 INR 261.4 crores 48% YoY 9MFY26 INR 64.4 crores 46% YoY 9MFY26 INR 31.4 crores 65% YoY Q3FY26 INR 96.3 crores 68% YoY Q3FY26 INR 23.4 crores 72% YoY Q3FY26 INR 11.8 crores 125% YoY Delivered record breaking quarterly and nine month
Slide 6: Key Business Highlights
Key Business Highlights This quarter marks another important milestone for the company, as we delivered our highest ever quarterly and nine-month total income Surpassed the full year income levels of both FY24 and FY25, and we are close to reaching FY23 levels, which was one of the strongest and mos
Slide 7: Business Order Wins for Transfer Case Segment
Business Order Wins for Transfer Case Segment Order win from Mahindra & Mahindra Order win from Tata Motors Limited Limited • Exclusive transfer case order from Mahindra & Mahindra • Exclusive transfer case order from Tata Motors Limited for Limited for Scorpio Pik-Up platform for the Indonesian mar
Slide 8: Key Focus Areas
Key Focus Areas Other Focus Areas Key Products Revenue (Rs. In Crores) Focus Areas Automatic Transmission: 51% 48% 49% • Domestic Growth: Collaborating with a leading Indian and Japanese • Working on feasibility for localization of 45% automotive OEM on their upcoming platforms. globally proven stat
Slide 9: Revenue Walk – 9MFY26
Revenue Walk – 9MFY26 Total Income Transfer Case E-Gear Drive Components & Exports Rs. In Crores +58% +11% +117% +7.9x Other Income Revenue from Operations 129.0 20.3 78.8 45.2 18.3 +48% 81.6 261.4 36.3 16.1 6.4 9MFY25 9MFY26 9MFY25 9MFY26 9MFY25 9MFY26 9MFY25 9MFY26 176.0 15.3 Other Business Geogra
Slide 10: Revenue Walk – Q3FY26
Revenue Walk – Q3FY26 Total Income Transfer Case E-Gear Drive Components & Exports Rs. In Crores Other Income +97% +61% +124% +5.6x Revenue from Operations 47.0 7.1 30.9 18.3 18.8 42.7 29.1 6.1 +68% 4.4 96.3 23.9 13.8 5.6 88.3 5.4 3.4 Q3FY25 Q2FY26 Q3FY26 Q3FY25 Q2FY26 Q3FY26 Q3FY25 Q2FY26 Q3FY26 Q3
Slide 11: Financial Snapshot – 9MFY26
Financial Snapshot – 9MFY26 Total Income (Rs. In Cr.) EBITDA (Rs. In Cr.) Profit After Tax (Rs. In Cr.) +48% +46% +65% 261.4 64.4 31.4 176.0 44.0 19.0 9MFY25 9MFY26 9MFY25 9MFY26 9MFY25 9MFY26 EBITDA (%) Profit After Tax (%) 25.0% 24.7% 12.0% 10.8% 9MFY25 9MFY26 9MFY25 9MFY26 10
Slide 12: Financial Snapshot – Q3FY26
Financial Snapshot – Q3FY26 Total Income (Rs. In Cr.) EBITDA (Rs. In Cr.) Profit After Tax (Rs. In Cr.) +68% +72% +125% 96.3 23.4 11.8 88.3 22.0 10.7 57.5 13.6 5.2 Q3FY25 Q2FY26 Q3FY26 Q3FY25 Q2FY26 Q3FY26 Q3FY25 Q2FY26 Q3FY26 EBITDA (%) Profit After Tax (%) 24.9% 24.3% 12.2% 12.2% 23.6% 9.1% Q3FY25
Slide 13: Highlights from Management
Highlights from Management Strong Growth Momentum Sustained in 9MFY26: • Achieved the highest-ever quarterly revenue in Q3FY26, taking 9M revenue to Rs. 261.4 crore, reflecting continued acceleration in business performance and execution strength • Growth driven by strong traction across core segmen
Slide 14: Highlights from Management
Highlights from Management Business Outlook – Sustained Multi-Engine Growth Visibility • Transfer Case: o Segment continues to demonstrate strong momentum, supported by improving volume recovery and a robust order pipeline across domestic and international programs o Exclusive nomination as the sole
Slide 15: Profit & Loss Statement
Profit & Loss Statement Particulars (Rs. In Cr.)* Q3FY26 Q3FY25 Y-o-Y Q2FY26 Q-o-Q 9MFY26 9MFY25 Y-o-Y FY25 Revenue From Operations 90.6 52.5 83.0 245.3 160.7 218.9 Other Income 5.6 4.9 5.4 16.1 15.3 21.2 Total Income 96.3 57.5 68% 88.3 9% 261.4 176.0 48% 240.1 Raw Materials 35.3 19.6 32.4 96.1 64.7
Slide 16: Publication of Research Paper – SAE International
Publication of Research Paper – SAE International About SAE – International SAE International is a global standards body and professional network driving innovation across mobility sectors, from automotive to aerospace with over 138,000 members worldwide Publication of Research Papers • Association
Slide 17: Way Forward
Way Forward Divgi-TTs
Slide 18: Near Term Growth Outlook
Near Term Growth Outlook EV Transmission* Component Business Core Product Portfolio • We expect ramp up in production • Focus on Exports • Transfer Case: Globalization of our with several models of one of • Strengthening relationships with portfolio, evaluate manufacturing India’s preeminent EV glob
Slide 19: Progress in Our EV Transmission Business
Progress in Our EV Transmission Business Sigma Prototype NVH Quality Report Development is currently underway, with manufacturing and SOP expected to commence from H2 FY26 NVH – Noise, Vibration & Harness 18
Slide 20: Long Term Growth Outlook
Long Term Growth Outlook EV Transmission* Export Business Core & Other Product Portfolio Annual Annual Annual Revenue Product: Revenue Product: Revenue Product: Potential: Potential: Potential: Manual Transfer Case & Transmission BEV System & Synchronizers ~INR 200 ~INR 1200 ~INR 250 Automatic Compo
Slide 21: Growth Strategy
Growth Strategy 4WD/AWD Products Electric Vehicle Powertrain Technology-Led Innovation Financial Discipline Pioneering Research Hawk-eye view to Fiscal Performance Manual Transmissions and Synchronizers Product & Application Diversity Manufacturing Excellence • RWD/ FWD Over 20 Years of manufacturin
Slide 22: Next Generation Transmission Products Update
Next Generation Transmission Products Update Automobile Industry Automobile Players DTTS Strategic Response & Intent • Dynamic market scenario • OEMs continuously working and adopting • Global mindset & versatility in execution innovative technologies (India, Japan, Korea, China, Thailand, • Changin
Slide 23: Dedicated Hybrid Transmission (DHT) - Simulation Results
Dedicated Hybrid Transmission (DHT) - Simulation Results Simulation Results Proposed Improvement in Engine Project Thermal Efficiency India OEM 1.2L Gasoline Engine Simulation using 1-speed DHT Customer Prominent Indian Automotive Player Basis Range (kmpl) Manual DHT ICE Transmission ICE (~38.1% the
Slide 24: About Divgi
About Divgi Divgi-TTs
Slide 25: Company Overview
Company Overview 1964 60+ 4 Our Valued Customers Incorporated Years of Manufacturing experience facilities Vision To be recognized as a world-class Indian brand in automotive drivetrain components and systems Strategies Product Leadership Total Income* EBITDA* PAT* • Technology-Led Innovation • Prod
Slide 26: Journey so far
Journey so far 1964 1995 2016 • Exit of BorgWarner through buy • Incorporated as Divgi Metalwares • Entered into a JV formation out of shares Private Limited agreement with BorgWarner • Investment by NRJN Family Trust 2017 2018 2019 2020 • Amalgamation of Divgi TorqTransfer • Investment by Oman Indi
Slide 27: Manufacturing Capabilities
Manufacturing Capabilities Area Located Sirsi, Uttara Kannada Dist., Shivare, Pune Dist., Bhosari, Pune, Maharashtra Shirwal, Satara Dist., Karnataka Maharashtra Maharashtra Year of Operations: 1984 1991 1996 2023 • EV Assembly • Components Precision Grinding and • Export Components Products: Honing
Slide 28: Product Portfolio
Product Portfolio Automatic/Dual Clutch Torque Transfer Systems Manual Transmissions Synchronizers EV Transmission Key Components Transmissions Category / Product ICE (4WD/AWD) ICE (Manual) ICE (Automatic) Hybrid BEV Torque Transfer Systems - - - - Manual Transmission - - - - Synchronizer Systems -
Slide 29: Product Application
Product Application 4WD/AWD Products Manual Transmissions and Synchronizers Electric Vehicle Transmission Next generation transmission products (Hybrid/Automatic) Representative Images 28
Slide 30: Marquee Customers
Marquee Customers Few clientele… 30+ 50+ 50+ 10+ 10+ 10+ Years of Years of Years of Years of Years of Years of relationship relationship relationship relationship relationship relationship MT Components, EV transmission, Transfer case Transfer Cases & EV Transmission Transfer Cases, Engine Timing Tr
Slide 31: Presence Across the World
Presence Across the World UK China Portugal Korea USA Thailand Germany Mexico India Mark John Intl. Comm. Operations Emerge as one of the fastest growing drivetrain solution companies in the world 30
Slide 32: Experienced Board Members
Experienced Board Members Our credible Board of Directors Praveen Kadle Chairman and Jitendra Divgi Managing Director Hirendra Divgi Executive Director Pradip Dubhashi Independent Director Independent Director Individuals of proven capability and integrity Bringing diverse competencies to the table
Slide 33: Strong Leadership Team
Strong Leadership Team Satvinder Singh Zubair Kachi Deepak Vani Prasanna Deshpande Chief Operating Officer & Nilesh Shukla Sabharwal Mktg., Sales & ABD Engineering & Product Mfg Engineering & Purchase Chief Growth Officer Development Advanced Tech. Jitendra Divgi Managing Director Sudhir Mirjankar G
Slide 34: Historical Financials
Historical Financials 7 Divgi-tTs 33
Slide 35: P&L – Historical Chart
P&L – Historical Chart Total Income (Rs. In Cr.) EBITDA (Rs. In Cr.) Profit After Tax (Rs. In Cr.) 279 273 82 51 242 240 74 73 46 60 38 40 195 59 24 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 EBITDA (%) PAT (%) 31.0% 30.5% 29.5% 19.6% 19.1% 18.4% 26.6% 24.4% 14.6% 10.
Slide 36: Financial Ratios
Financial Ratios Fixed Assets Turnover Ratio (x) Working Capital (No. of Days) 1.39 1.30 1.16 62 days 66 days 69 days 87 days 96 days 0.97 0.63 98 99 84 85 FY21 FY22 FY23 FY24 FY25 76 65 61 62 60 62 Leverage ratios (x) & Net Debt (Rs. In Cr.) 58 49 46 44 42 (117.9) (133.1) (262.7) (225.1) (243.5) FY
Slide 37: Capex and Cash
Capex and Cash Return on Capital Employed (RoCE %)# Capital Expenditure and Cash Reserves 17.8% 18.3% IPO proceeds capex – Rs. 169.66 crores of which ~Rs. 79.20* crores already deployed 12.5% 9.3% 311 5.6% 285 264 FY21 FY22 FY23 FY24 FY25 173 159 Return on Invested Capital (RoIC %) 32.4% 33.4% 78 68
Slide 38: Historical P&L Statement
Historical P&L Statement Particulars (Rs. In Cr.) FY25 FY24 FY23 FY22 FY21 Revenue From Operations 218.9 253.4 271.0 233.8 186.6 Other Income 21.2 19.6 7.6 8.1 8.5 Total Income 240.1 273.0 278.7 241.9 195.1 Raw Materials 88.1 106.2 111.4 93.6 67.0 Gross Profit 152.0 166.8 167.3 148.2 128.1 Employee
Slide 39: Balance Sheet
Balance Sheet Particulars (Rs. In Cr.) Mar-25 Mar-24 Mar-23 Particulars (Rs In Cr.) Mar-25 Mar-24 Mar-23 Assets Equity & Liabilities Non-Current Assets Total Equity Property, plant and equipment 243.4 211.7 111.1 Equity Share Capital 15.3 15.3 15.3 Capital work-in-progress 1.6 25.4 80.9 Other Equity
Slide 40: Cashflow
Cashflow Particulars (Rs. In Cr.) Mar-25 Mar-24 Mar-23 Profit Before Tax 33.0 53.5 68.8 Adjustments for: Non -Cash Items / Other Investment or Financial Items 5.1 0.0 6.3 Operating profit before working capital changes 38.1 53.5 75.2 Changes in working capital 4.0 (6.7) (16.9) Cash generated from Op
Slide 41: Contact Information
Contact Information Company : Divgi TorqTransfer Systems Limited CIN: L32201MH1964PLC013085 Mr. Aniket Kokane PRODUCT LEADERSHIP E: companysecretary@divgi-tts.com T: +91 89566 65262 LIKE NO OTHER www.divgi-tts.com Investor Relations Advisor : Strategic Growth Advisors Pvt. Ltd. CIN: U74140MH2010PTC2
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