Amara Raja Energy & Mobility Ltd · NSE:ARE&M
Amara Raja Energy & Mobility — Q3 FY2024 Earnings Presentation
20 slides from Amara Raja Energy & Mobility's earnings presentation, Feb 1, 2024
Slide 1: Regulation 30 intimation cover letter to stock exchanges
February 1, 2024 National Stock Exchange of India Limited BSE Limited Listing Compliance Department Corporate Relations Department “Exchange Plaza” Phiroze Jeejeebhoy Towers Bandra – Kurla Complex Dalal Street, Fort Bandra East, Mumbai – 400 051 Mumbai – 400 001 NSE Symbol: ARE&M BSE SCRIP CODE: 500
Slide 2: Earnings Presentation Q3/9M-FY24
EARNINGS P R E S E N TAT I O N Q3/9M-FY24
Slide 3: Snapshot
S N A P S H OT BUSINESS OPERATIONS FINANCIALS 4 decades of experience 7 Manufacturing Facilities Market Cap (Mn) ~ INR 100 Bn+ ~50 Million units annualized Leading Automotive Battery Brand Debt free Capacity for Automotive batteries Market Leader in Telecom and Data 2.3 Billion AH - Total Industrial
Slide 4: Company Overview
CO M PA N Y OV E RV I E W • Amara Raja Energy & Mobility Limited, (ARE&M), the flagship company of the Amara CONSOLIDATED INCOME (INR Mn) & EBITDA MARGINS(%) Raja Group, is one of the largest manufacturers of lead-acid Batteries for both 103,882 industrial and automotive applications in India. 15.60
Slide 5: Operations at a Glance
O P E R AT I O N S AT A G L A N C E LEAD ACID BATTERIES AUTOMOTIVE | INDUSTRIALS • Li Cell and Pack Manufacturing AUTOMOTIVE • EV Charging Products • Applications – 2W, 3W, 4W & CV’s • Energy Storage Solutions • Largest Exporter of 4W Batteries • Developed India’s First 21700 Cylindrical Cell (NMC 8
Slide 6: Manufacturing & Distribution
M A N U FAC T U R I N G & D I ST R I B U T I O N DISTRIBUTION POINTS JAM ZRK HAR RUD GUR DEL GZB JAI LKN SIL GAU VAR PAT AMD MAND RAN IND JAB JMD PITH KOL RAI NAG BHU BWD NSK AUR PUNE HYD VJD ANT HUB BLR CHE COI COC MANUFACTURING CAPACITES SALES & DISTRIBUTION NETWORK - INDIA 7 Battery Manufacturing
Slide 7: Marquee OEM Clientele
M A RQ U E E O E M C L I E N T E L E AUTOMOTIVE INDUSTRIAL PASSENGER VEHICLE OEM COMMERCIAL VEHICLE/TRACTOR TWO-WHEELER OEM CLIENTS INDUSTRIAL OEM CLIENTS CLIENTS OEM CLIENTS 6
Slide 8: New Energy Business: The Future Growth Engine
NEW ENERGY BUSINESS : THE FUTURE GROWTH ENGINE Li Cell and pack ARE&M’S Manufacturing • India’s electrification demand expected to be 150GWh by 2030 FORAY IN • Adoption across user segments like Mobility Telecom and Data 150 GWH Centres NEW EV Charging • Significant market share gain opportunity ENE
Slide 9: Financial Highlights
aN ())) AMARA RAJA FINANCIAL HIGHLIGHTS
Slide 10: Q3/9M-FY24 Key Financial Highlights
Q3/9M-FY24 KEY FINANCIAL HIGHLIGHTS Q3-FY24 FINANCIAL 9M-FY24 FINANCIAL PERFORMANCE-CONSOLIDATED PERFORMANCE-CONSOLIDATED REVENUE FROM EBITDA EBITDA MARGINS REVENUE FROM EBITDA EBITDA MARGINS OPERATIONS OPERATIONS INR 30,439 Mn INR 4,305 Mn 14.14% INR 87,988 Mn INR 11,850 Mn 13.47 % PAT PAT MARGINS
Slide 11: Q3-FY24 Performance Highlights - Consolidated
Q 3 - F Y 2 4 P E R FO R M A N C E H I G H L I G H T S - CO N S O L I DAT E D LEAD ACID BATT. REVENUES (INR Mn) OTHER BUSINESS REVENUES (INR Mn) 1,504 1,478 28,961 28,089 680 25,698 Q3 FY23 Q2 FY24 Q3 FY24 Q3 FY23 Q2 FY24 Q3 FY24 GEOGRAPHICAL REVENUE SPLIT (INR Mn) 26,064 26,589 23,284 3,094 3,529 3
Slide 12: Quarterly Consolidated Financial Performance
Q UA RT E R LY CO N S O L I DAT E D F I N A N C I A L P E R FO R M A N C E PARTICULARS (INR Mn) Q3-FY24 Q3-FY23 Y-O-Y Q2-FY24 Q-O-Q Operational Revenue 30,439 26,378 15.4% 29,593 2.9% Total Expenses 26,134 22,432 16.5% 25,569 2.2% EBITDA 4,305 3,946 9.1% 4,024 7.0% EBITDA Margins (%) 14.14% 14.96% (
Slide 13: YTD Consolidated Financial Performance
Y T D CO N S O L I DAT E D F I N A N C I A L P E R FO R M A N C E PARTICULARS (INR Mn) 9M-FY24 9M-FY23 Y-O-Y Operational Revenue 87,988 79,588 10.6% Total Expenses 76,138 69,440 9.6% EBITDA 11,850 10,148 16.8% EBITDA Margins (%) 13.47% 12.75% 72 Bps Other Income 767 675 13.6% Depreciation 3,436 3,12
Slide 14: Historical Consolidated Income Statement
H I STO R I C A L CO N S O L I DAT E D I N CO M E STAT E M E N T PARTICULARS (INR Mn) FY21 FY22 FY23 9M-FY24 Operational Revenue 71,498 86,971 103,882 87,988 Total Expenses 60,342 76,732 90,361 76,138 EBITDA 11,156 10,239 13,521 11,850 EBITDA Margins (%) 15.60% 11.77% 13.02% 13.47% Other Income 874
Slide 15: Consolidated Balance Sheet
CO N S O L I DAT E D BA L A N C E S H E E T PARTICULARS (INR Mn) FY22 FY23 H1-FY24 PARTICULARS (INR Mn) FY22 FY23 H1-FY24 Assets Equity And Liabilities (1) Non-Current Assets (1) Equity 45,525 52,993 56,601 (A) Property, Plant And Equipment 21,276 25,187 26,064 (A) Equity Share Capital 171 171 171 (
Slide 16: Consolidated Financial Charts
CO N S O L I DAT E D F I N A N C I A L C H A RT S REVENUES (INR Mn) EBITDA (INR Mn) & EBITDA MARGINS (%) PAT (INR Mn) & PAT MARGINS (%) 15.06% 6,468 103,882 6,945 6,732 13,521 13.47% 11.77% 86,971 87,988 11,156 11,850 7.65% 13.02% 9.05% 5,126 71,498 10,239 6.69% 5.89% FY21 FY22 FY23 9M FY24 FY21 FY2
Slide 17: Standalone Financial Charts
STA N DA LO N E F I N A N C I A L C H A RT S PAT (INR Mn) & PAT MARGINS (%) REVENUES (INR Mn) EBITDA (INR Mn) & EBITDA MARGINS (%) 6,468 6,944 103,859 15.60% 13,552 6,464 86,958 11,157 11.76% 11,504 7.64% 84,618 13.05% 9.05% 5,112 10,226 13.59% 71,497 6.69% 5.88% FY21 FY22 FY23 9M FY24 FY21 FY22 FY2
Slide 18: Capital Market Data
C A P I TA L M A R K E T DATA NSE: ARE&M | BSE: 500008 | Bloomberg: AMRJ:IN | Reuters: AMAR.NS / AMAR.BO 50% 1 YEAR STOCK PERFORMANCE 40% 30% 20% 10% 0% -10% Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Amaraja BSE PRICE DATA (AS ON 31ST DECEMBER, 2023)
Slide 19: Disclaimer
DISCLAIMER This presentation by Amara Raja Energy and Mobility Limited (including its subsidiaries) is general background information about the Company’s activities at the date of this presentation. Said information is provided in summary form only and does not purport to be complete, does not conta
Slide 20: Thank You
aN ())) AMARA RAJA THANK YOU
Amara Raja Energy & Mobility — Q3 FY2024 Earnings Presentation on 6ix