Slide 1: Investor Presentation March 2023
Sintercom India Ltd. Investor Presentation- March 2021 INVESTOR PRESENTATION March 2023
Slide 2: Company Overview
~ @D Sswe0y Company Overview
Slide 3: Company Overview
Company Overview • Established in 2007, Sintercom India Limited is the leading automotive sintered components manufacturer located in Pune, India. Revenue (INR Mn) & EBITDA Margins (%) • The Company has integrated manufacturing facilities and has increased its capacity from 1,980 MTPA to 3,600 MTPA
Slide 4: Miba Overview
Miba Overview Sintercom India Limited Investor Presentation 4
Slide 5: Milestones
Milestones Managing Director Conversion of Conversion of forged Mr. Jignesh Raval has Stainless Steel Forged to Sintered to sintered Shift won “Male Hego Boss rings in CV Tower Components in Entrepreneur of the Conversion of segment and PV segment and The company listed Year Award” by IPF Forged to
Slide 6: Sintercom Technology Roadmap
Sintercom Technology Roadmap SINTERCOM – PIONEER IN SINTERING TECHNOLOGY IN INDIA INTRODUCTION OF SINTER HARDENING TECHNOLOGY IN INDIA DEVELOPMENT OF SS HIGH CONVERSION OF FORGED RINGS TEMPERATURE SINTERING TO SINTERED – A FIRST IN INDIA CONVERSION OF FORGED DEVELOPMENT OF DENSCOMP SPROCKETS TO SINT
Slide 7: Vision, Mission, Values and Strength
Vision, Mission, Values and Strength • Global leadership in sintering business by providing innovative technology for processes & people • Increase sinter component leverage in an automobile up to 10 kgs. per vehicle Our Vision • Innovation in Motion –Technologies for a Cleaner Planet and • Improve
Slide 8: Board of Directors
Board of Directors Hari Nair, Chairman Jignesh Raval, Managing Director • Member of Board active since 2015 • 25+ years of experience at Tenneco, COO at Tenneco for 5 years, • Member of Board & Managing Director CEO at Anitar Investments, M&A Consultant at NM Rothschild & active since 2007 Sons, Mem
Slide 9: Management Team
Management Team Jignesh Raval, Managing Director • Member of Board & Managing Director active since 2007 • 9 years of experience at Tenneco Inc as Executive Director, GSCM 25+ years of experience in the automotive industry • Degree in Engineering Nikhil Chavan, Head – Sales & Marketing Pankaj Bhataw
Slide 10: Awards & Recognitions
Awards & Recognitions Mr. Jignesh Raval has won “Male Entrepreneur of the Year Award” by IPF Industrial Excellence Awards 2020 Business Excellence Award for “Best Supplier - Make in India” awarded by Dun & Bradstreet during the year 2019-20. Appreciation from Maruti Suzuki for VAVE Appreciation from
Slide 11: What is Sintering and Advantages
What is Sintering and Advantages • Sintering is a heat treatment commonly used to increase the strength and structural integrity of a given material. The temperature used for sintering is below the melting point of the major Sintering Casting constituent of the Powder Metallurgy material. After comp
Slide 12: Sinter – A Green Technology
Sinter – A Green Technology Minimal material wastage and energy consumption 100 90 80 70 60 50 40 30 20 Material wastage % 10 Energy consumption 0 MJ per kg MACHINING HOT DROP COLD OR SAND OR SINTERING finished product PROCESSES FORGING WARM EXTRUSION DIE CAST Source: Powder Metallurgy Review, July
Slide 13: Manufacturing Process
Manufacturing Process Tool Design Sintering/ √ Machining Heat/steam Treatment, Packing and shipping Compacting Sinter Hardening Re-pressing Surface Densification Tapering (optional) Deburring, etc. Premix Powder Responsible Use of Resources Raw Material Intensity 1,04 kg Raw Material/kg Product Meta
Slide 14: General Production Process Flow
General Production Process Flow Every Process stage has been linked with SAP for traceability and monitoring Sintering / Sinter Tool Design RM Receipt RM Checking Compaction Tempering Hardening General Production Process Flow Final Inspection & Induction Machining Heat Treatment Packing Hardening (O
Slide 15: Manufacturing Facilities
Manufacturing Facilities Tool Design RM Checking Compaction Sintering / Sinter Hardening Final Inspection & Packing Machining (I/H & O/S) Sintercom India Limited Investor Presentation 15
Slide 16: Client List
Client List Sintercom Clientele: Miba Clientele: Sintercom India Limited Investor Presentation 16
Slide 17: Business Overview
~ @D Sswe0y Business Overview
Slide 18: Business Portfolio
Business Portfolio Bearing Cap Cam to Cam Back Lash Gears Liquid Dispensing Metering Chain Sprockets INDUSTRIAL Parts ENGINE PRODUCTS GOODS Belt Pulleys Synchro Rings Mass Balancer Assembly TRANSMISSION ELECTRIC VEHICLES BODY Synchroniser Hubs CHASIS Electric Power Steering 9M-FY23 Segment-wise Reve
Slide 19: Engine
Engine • The engine product portfolio includes BEARING CAP - A bearing cap is the part of the CAM TO CAM BACKLASH GEARS - Designed to engine drive gears, chain sprockets, engine block which contains the main bearings of reduce the free play/backlash between the belt pulleys, and engine shaft bearing
Slide 20: Transmission
Transmission • The product portfolio includes synchro hubs, INTERLOCK FINGER - Interlock Finger works in REVERSE SYNCHRO HUB - Component is used for pre- synchro rings, and drive-train gears. alignment with Shift finger & Block Shift actuator in synchronization, i.e., it generates the load on the •
Slide 21: Body/Chassis
Body/Chassis OXYGEN SENSOR BOSS - Interlock Finger works FLANGE TYPE SENSOR BOSS - High-density • The company produces components of in alignment with Shift finger & Block Shift stainless-steel bosses are manufactured for a exhaust systems, sensor bosses, and actuator in the gear shifting mechanism.
Slide 22: Industrial Goods
Industrial Goods • LIQUID DISPENSING METERING PARTS – • SYNCHRO RINGS – The purpose of the These are very integral for any unit to synchronizer ring is to produce friction torque determine exact quantity of Fuel dispensed. in order to decelerate/accelerate the shaft All types of fuels pass thru the
Slide 23: Electric Vehicle Components under Development
Electric Vehicle Components under Development • The company is in the development stage for manufacturing of components required in Electric Vehicle. • In addition to this, it is also equipped to offer soft magnetic composite (SMC) components and assemblies for applications in modern electric motors
Slide 24: New Technology
New Technology EV Application: SMC : Soft Magnetic Composites (SMC) part’s Structural Parts Compact design Ready to Mount Helical Gears : Integrated Complex Shape High Performance Helix Tooth profile Cost efficiency High performance Flexible design Good NVH Behavior Modular desig
Slide 25: Manufacturing Metrics
Manufacturing Metrics Capacity Utilization (MTPA) Product Mix 3,600 3,600 3,600 3,600 60% 60% 60% 60% 1,360 1,359 1,035 976 40% 40% 40% 40% FY20 FY21 FY22 9M-FY23 FY20 FY21 FY 22 9M-FY23 Utilisation Capacity Diesel Gasoline OEM wise Sourcing Segment Wise Revenue (INR Mn) 12.73 20.67 10.36 10.63 215.
Slide 26: Industry Overview & Future Growth Opportunities
Industry Overview & Future Growth Opportunities 26
Slide 27: Auto Industry
Auto Industry • In 2021, India was the fourth-largest auto market, with ~3.75 million units combined sold in the passenger and commercial vehicles categories. It was the seventh-largest manufacturer of commercial vehicles in 2019. Number of automobiles produced (In Mn) • The two wheelers segment dom
Slide 28: Auto-ancillary Industry
Auto-ancillary Industry • The Indian auto-components industry has experienced healthy growth over the last few years. The auto-components industry reached USD 49.3 billion in FY20. Aggregate Turnover (USD Bn) • Auto-components industry accounts for 2.3% of India’s Gross Domestic Product (GDP) and em
Slide 29: Sintering Technology Future Opportunities
Sintering Technology Future Opportunities Process Application Sintering Automotive • Powder metal is compacted into net shape using die tooling • Engine: Gears, Sprockets, Rotors, Pulleys, Spacers • Compacted components are then sintered into furnaces at high temperatures • Transmissions: Synchro Hu
Slide 30: Future Business Strategy & Growth Drivers
Future Business Strategy & Growth Drivers Key Business Strategies: • Enhancing our customer base: Continue to enhance OEM network and work closely with OEM customers to develop new products for Market Size PV their vehicles and marketing and branding and further intend to widen the sales network to
Slide 31: The Road to Fuel Efficiency & CO2 Compliance – Regulatory Landscape
The Road to Fuel Efficiency & CO2 Compliance – Regulatory Landscape Markets starting to align below a nominal 100g/km NEDC equivalent creating significant cost challenges for OEM’s China: 164 g/km in 2015 China government policy attempts to force 150 compliance and cement a position of global compet
Slide 32: Financial Overview
~ @D Sswe0y Financial Overview
Slide 33: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY20 FY21 FY22 9M-FY23 Revenue from Operations 535 472 599 625 Expenses 464 438 546 545 EBITDA 71 34 53 80 EBITDA Margins (%) 13.27% 7.20% 8.85% 12.80% Other Income 1 5 2 1 Finance cost 38 39 29 24 Depreciation and amortisation expenses 68 62 71 59 Pr
Slide 34: Balance sheet
Balance sheet Equity and Liabilities (INR Mn) FY21 FY22 H1-FY23 Assets (INR Mn) FY21 FY22 H1-FY23 Share Capital 255 265 275 Non-current assets Reserves and Surplus 782 731 718 Fixed assets Total Equity 1,037 996 993 Property, Plant & Equipment 740 729 713 Non Current Liabilities Other Intangible ass
Slide 35: Key Financial Highlights
Key Financial Highlights Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margins (%) 599 625 80 535 472 71 53 34 12.80% 13.27% 7.20% 8.85% FY20 FY21 FY22 9M-FY23 FY20 FY21 FY22 9M-FY23 Cash Conversion Cycle (Days) Net Debt/Equity (x) 239 0.29 0.27 0.24 172 85 0.13 FY20 FY21 FY22 FY20 FY21 FY22 H1-FY23 Sin
Slide 36: Capital Market Data
Capital Market Data 1 Year Stock Price Return (As on 31st December, 2022) 30% 20% 10% 0% -10% -20% -30% Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Sintercom NSE Small Cap 250 Price Data (As on 31st December, 2022) Shareholding Structure (As on 31st Dec
Slide 37: Disclaimer
Disclaimer Sintercom India Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all ev
Slide 38: Thank You!
Thank You! 38