Cummins India Limited · NSE:CUMMINSIND
Cummins India — Investor Presentation (September 2004)
28 slides from Cummins India's investor presentation, Sep 7, 2004
Slide 1: Cummins
Slide 2: Cummins India Limited Presentation
CUMMINS INDIA LIMITED PRESENTATION ON TUESDAY 7TH SEPTEMEBER 04
Slide 3: What we will be covering in today's presentation
WHAT WE WILL BE COVERING IN TODAY’S PRESENTATION CUMMINS INC. CUMMINS IN INDIA, CUMMINS INDIA LIMITED RECAP OF THE FINANCIAL PEFORMANCE FOR THE QUARTER ENDED 30TH JUNE 04
Slide 4: What we will not be covering in today's presentation
WHAT WE WILL NOT BE COVERING IN TODAY PRESENTATION PERFORMANCE FOR THE QUARTER ENDING SEPTEMBER 04 PROJECTIONS/FUTURE GROWTH TRENDS FOR THE COMPANY/ MARKET SEGMENTS
Slide 5: Cummins Inc.
Cummins Inc.
Slide 6: About Cummins Inc.
About Cummins Inc. Engine Business Power Generation Business Filtration & Turbochargers HQ HQ in in Columbus, Columbus, >50 >50 manufacturing manufacturing Indiana Indiana since since 1919 1919 locations locations 24,500 24,500 employees employees R&D: R&D: $220 $220 million million
Slide 7: Cummins Inc. revenues by business
Cummins Inc. Cummins revenues - $ 6.3 billion in 2003 Engine Business 54% International Distributor Business 10% Filtration & Other Business 16% Power Generation 20%
Slide 8: Worldwide Presence
Worldwide Presence Technical Centers • Columbus, USA • Darlington, England • European Engine Alliance, High Wycombe, England • Fridley, Minnesota, USA • Industrial Power Alliance, Oyama, Japan • Pune, India • Sao Paulo, Brazil Sales and Services • Over 500 distributorships and branches worldwide Par
Slide 9: Cummins Global Distribution Network
Cummins Global Distribution Network 130 Countries 20 company-owned & 120 independent distributors 4,500 Service & Parts Outlets
Slide 10: Vision & Mission
Vision & Mission Vision Making people’s lives better by unleashing the Power of Cummins Mission We unleash the Power of Cummins by • Motivating people to act like owners working together • Exceeding customer expectations by always being first to market with the best products • Partnering with our cu
Slide 11: Cummins in India
AUT
Slide 12: Cummins in India
Cummins in India Cummins India Diesel Engines Cummins Diesel Sales & Service After Market Support Cummins Auto Services Automotive After Market Newage Electrical India Alternators Nelson Engine Systems Exhaust Systems Fleetguard India Filtration Sytems Tata Cummins Automotive Applications KPIT Cummi
Slide 13: Think of any application, you will find Cummins there
Think of any application…. you will find Cummins there •Ag. •Auto •Compressor •Construction •Defense •Marine •Mining •Oil & Gas •Power Gen •Pump •Rail
Slide 14: Company Profile
Company Profile - Cummins India Limited was established in 1962, in technical and financial collaboration with Cummins Engine Company Inc. USA - Equity participation as on 30th June 2004 - Cummins Inc. : 51.00 % - Kirloskar Oil Engines Ltd. : 7.02 % - Financial Inst. & Mutual Funds : 12.48 % - Forei
Slide 15: Product Profile
Product Profile 8 Engine Series* 15 Basic Engine Models SERIES ENGINE DISPLACEMENT MAXIMUM RATING MODEL (Litres) HP @ RPM Fuel Options X 1.7/2.5 1.7/2.5 32 @ 1500 S 3.8 3.8 76 @ 1500 DIESEL B 4/6 4/6 200 @ 2200 20 - 2700 HP C 8.3 8.3 300 @ 2200 N 495 8 212 @ 2100 GAS 743 12 335 @ 2100 92 - 2145 HP 8
Slide 16: Research & Engineering
Research & Engineering - Separate Tech Centre facility equipped with - 15 Computerised engine test cells - Fatigue Testing facility - Structural Analysis facility - Electronic / Instrumentation laboratory - Computerised Exhaust Gas Analyser - Tech Centre recognised by : Dept of Science and Technolog
Slide 17: Application Engineering
Application Engineering - Custom-built Value Packages to suit various applications and equipment in Locomotive, Marine, Construction, Industrial and Genset markets - Team of Application Engineers, supported by R&D and Design Engineers, to design & develop various systems & components to meet specifi
Slide 18: Quality Approvals
Quality Approvals Q AGENCY COUNTRY TYPE OF YEAR CERTIFICATION OBTAINED BUREAU VERITAS QUALITY INTERNATIONAL FRANCE QSO--9000 QSO since 2000 BUREAU VERITAS QUALITY INTERNATIONAL UK/HOLLAND ISO 9001 since 1991 LLOYD’S REGISTER OF SHIPPING UK QUALITY ASSURANCE 1989 INDIAN REGISTER OF SHIPPING INDIA QUA
Slide 19: After Market Support
After Market Support Through ..... Cummins Diesel Sales & Service (I) Ltd. (wholly owned subsidiary of Cummins India Limited) * 5 Zonal Offices * 21 Field Offices * 84 Authorised Dealers • Customer Support through ….. * 220+ Dealer Outlets + Branches O Parts O Product Service * 45 Dealer Service Cen
Slide 20: Markets that CIL operates in
Markets that CIL operates in: Power-generation Industrial Exports After Market
Slide 21: Power-generation
Power- generation Sales of engines To OEM’s ranging from 15 Kva to 2000 kva . Manufactured at the facilities in Pune and Daman Power Solutions Offering customized solutions to the Customer to meet power needs- BOOT/ O & M etc. Rentals of generating equipments to meet short/ long term requirements Re
Slide 22: Industrial
Industrial Segment Customers Applications Competitors Compressor Elgi, IR, Water Well Rigs, Blast Caterpillar, ALU, A.Copco, Hole KOEL KPC, RECP. Rigs, Compressors. Perkins, KOEL Construction/ BEML, Dumpers,Dozers, Caterpillar,DDC, HM(CAT), Excavators Komatsu Mining Telcon, L&T-K, Loaders and Other
Slide 23: After Market
After Market After market support is rendered by Cummins Diesels Sales & Service (India) Limited. Extensive Dealer network Spares parts are the most significant part of the business, however, service revenues are increasing rapidly. Comprehensive maintenance contracts on the increase. The turnover o
Slide 24: Exports
Exports • CIL is the sole source for V 28 , K 38 and K 50 series of engines for the global power generation market. • All the sales are made to the other Cummins plant. • CIL also exports components. • In addition CIL supports Cummins by carrying out Engineering work and R & D work
Slide 25: Financial Performance Review for Quarter ended 30th June 04
Financial Performance Review for Quarter ended 30th June 04
Slide 26: Financial Highlights – Quarter ended 30th June 2004
Financial Highlights – Quarter ended 30th June 2004 Overall Sales Up 32% ? Export sales Up 73% ? Domestic sales Up 21% ? PBT Up 45% ?
Slide 27: Comparative Sales
Comparative Sales Rs. Million Apr.-Jun.04 Apr.-Jun.03 Apr.-Jun.02 Act. Act. L/Y Act. 04/02 Domestic 2,023 1,668 121% 1,489 136% Exports 792 457 173% 323 245% Total Sales 2,815 2,125 132% 1,812 155%
Slide 28: Profit Analysis - April-June 2004
Profit Analysis - April-June 2004 Rs. Million Apr.-Jun.04 Apr.-Jun.03 Apr.-Jun.02 Act. Act. L/Y Act. 04/02 Net Sales 2,815 2,125 132% 1,812 155% PBT 409 282 145% 198 206% PAT 289 222 130% 140 207%
Cummins India — Investor Presentation (September 2004) on 6ix