Balkrishna Industries Limited · NSE:BALKRISIND
Balkrishna Industries — Q4 FY2020 Earnings Presentation
34 slides from Balkrishna Industries's earnings presentation, June 2020
Slide 1: Balkrishna Industries Ltd Investor Presentation - June 2020
BALKRISHNA INDUSTRIES LTD Investor Presentation - June 2020
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Balkrishna Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any
Slide 3: Our Performance
Our Performance Sales Volumes Revenue EBITDA PAT 201,760 MT Rs. 4,898 Cr Rs. 1,381 Cr Rs. 945 Cr Sales Volume for Revenue for EBITDA in FY20 PAT in FY20 FY20 FY20 with margin of 28.2% 57,966 MT Rs. 1,389 Cr Rs. 407 Cr Sales Volume for Rs. 257 Cr Revenue for EBITDA in Q4FY20 Q4FY20 PAT in Q4FY20 Q4FY
Slide 4: Sales Profile
Sales Profile In MT 211,261 199,213 Lockdown Impact 172,419 148,244 201,760 FY16 FY17 FY18 FY19 FY20 The shutdown in manufacturing coupled with a complete halt in logistics led in zero sales during the last 7 days of March 2020 4
Slide 5: Resilient Business Model
Resilient Business Model Long Term Debt Free Diversified Product Portfolio, Self Reliant in Carbon Black spread across Agriculture, along with Multiple sourcing Industrial, Construction arrangements for other Raw and mining tires Materials Capex ready BKT has built a resilient business model and is
Slide 6: Management Commentary
Management Commentary During February 2020, we had indicated that we should be able to cross 2,00,000 MT sales 01 volume for FY20. We have crossed this benchmark and have achieved the sales volume of 201,760 MT for FY20. This is despite shutdown of manufacturing operations and dispatches across all
Slide 7: Operating with increased Safety Measures
Operating with increased Safety Measures Employee Safety ✓ Encouraging employees to adopt to general principles of social distancing, health and safety of self and society at large ✓ Launched interactive sessions for the wellbeing of employees Liquidity Management ✓ Financial prudence ✓ Each Cost Li
Slide 8: Profit & Loss
Profit & Loss Standalone Particulars (Rs.Cr) Q4FY20 Q4FY19 YoY % FY20 FY19 YoY % Sales (MT) 57,966 55,388 5% 201,760 211,261 -4% Revenue from Operations 1,357 1,351 4,782 5,245 Realized Gain on Foreign Exchange 32 3 115 91 Total Income 1,389 1,354 3% 4,898 5,335 -8% Raw Material 519 635 2,078 2,501
Slide 9: Other Income and Net Forex Gain/(Loss)
Other Income and Net Forex Gain/(Loss) Standalone Particulars (Rs. Cr) Q4FY20 Q4FY19 FY20 FY19 Exchange Difference Gain (Realized) 35 16 132 118 Exchange Difference Gain (Un-Realized) -6 2 -0 10 Others 38 22 117 86 Total Other Income 66 40 249 214 Standalone Particulars (Rs. Cr) Q4FY20 Q4FY19 FY20 F
Slide 10: Balance Sheet
Balance Sheet Particulars (Rs. Cr.) Mar’20 Mar’19 Particulars (Rs. Cr.) Mar’20 Mar’19 ASSETS EQUITY AND LIABILITIES Non-current assets 4,854 3,994 EQUITY 5,028 4,679 Property, Plant and Equipment 3,189 2,707 Equity Share Capital 39 39 Capital work-in-progress 586 585 Other Equity 4,989 4,640 Investm
Slide 11: Cash Flow
Cash Flow Particulars (Rs. Cr.) FY20 FY19 Operating profit before working capital changes 1,402 1,438 Changes in working capital 57 -212 Cash generated from operations 1,459 1,227 Direct taxes paid (net of refund) and others -295 -414 Net Cash from Operating Activities 1,164 813 Net Cash from Invest
Slide 12: Strong Balance Sheet with Zero Long Term Debt
Strong Balance Sheet with Zero Long Term Debt Rs. Crs 1,131 1,086 11 -280 61 -52 -118 333 Mar-16 H1FY17 H2FY17 H1FY18 H2FY18 FY19 FY20 Current Cash Holdings In Current unprecedented times, a Strong Balance Sheet helps substantially reduce any impact All figures on Standalone basis 12
Slide 13: BKT 2.0: Continuing the next Phase of Growth
BKT 2.0: Continuing the next Phase of Growth 02 03 01 Carbon Black Plant Replacement of Waluj Capex at Bhuj Plant Plant Carbon black project is New state of the art fully Upscaling to large sized All now fully commissioned. integrated facility at a capex steel radial OTR Tires by of approximately Rs
Slide 14: Strategy at BKT
BK /T GROWING TOGETHER Strategy at BKT Tae | ‘9 GROWING TOGETHER 14
Slide 15: Our Focus Area
Our Focus Area Market Reach Expand reach within existing Sales Channels as well increase footprint within replacement segment and OEMs 01 Penetrate Americas Increase share of business in USA markets by increasing 02 supplies from India Product portfolio expansion 03 Expand the product portfolio by a
Slide 16: 'Atmanirbhar' BKT – Our Pledge
‘Atmanirbhar’ BKT – Our Pledge We pledge to fulfil the vision of self-reliance by continuing to manufacture in India for domestic consumption and global markets Our focus will be on improving our product portfolio, sustaining the consistent product quality and efficient service levels, thus enhancin
Slide 17: To Serve Global OEMs…
To Serve Global OEMs… The Brand Names mentioned are the property of their respective owners and are used here for identification purposes only 17
Slide 18: With India Production and Global Sales
With India Production and Global Sales Waluj, Maharashtra Bhiwadi, Rajasthan Chopanki, Rajasthan Our plants India – Our Bhuj, Gujarat Manufacturing base Mould plant, Dombivali 18
Slide 19: BKT – A Strong Indian Brand
BKT – A Strong Indian Brand Click here for BKT Corporate Video 19
Slide 20: Balkrishna Industries – A Snapshot
Balkrishna Industries – A Snapshot Leading ‘Off-Highway Tire” Exporter BKT is India’s Leading player in the Global ‘Off Highway Tire (OHT)’ Market Wide and comprehensive product portfolio Deep understanding of OHT market has led to capabilities to manufacture over 2,700 SKU Capacities Achievable cap
Slide 21: Our Strong Evolution
Our Strong Evolution 2019 Started Production of Started Manufacturing for 2020 Carbon Black at Bhuj, large size 51” diameter tires Gujarat at Bhuj Plant in Crosses Rs. Started 2018 2015 Announced 2009 2006 Chopanki, 1,000 cr Greenfield Plant in Bhuj, Capex at Waluj Rajasthan Turnover and Bhuj Gujara
Slide 22: Awards and Accolades
Awards and Accolades BKT Earthmax SR 45 M has been awarded the best BKT received award from John Deere OTR tire at Hevea Awards for the Tyre Industry, Enterprise Supply Management for achieving 2019 at Motortec Automechanika, Spain Excellence (Partner Level Performance) 22
Slide 23: Application of our Tires
Application of our Tires Agriculture Tires Cotton Pick Harvester Tractor Vineyard Tractor Pivot Irrigator Industrial Tires Loader Telehandler Mobile Crane OTR Tires Load Haul Dump Underground Mining Container Handler 23
Slide 24: Strengthening BKT Brand : USA
Strengthening BKT Brand : USA BKT is the Official and Exclusive Tire manufacturer of MONSTER JAM and its fleet of Monster Trucks – Monster Jam is a top sporting event in America 24
Slide 25: Strengthening BKT Brand : Canada
Strengthening BKT Brand : Canada BKT Continental Cup – Curling: BKT is the Title Sponsor of Continental Cup 25
Slide 26: Strengthening BKT Brand : Italy, Europe
Strengthening BKT Brand : Italy, Europe BKT is the new Title Sponsor for the ITALIAN SERIE ‘B’ FOOTBALL CHAMPIONSHIP – THE NEWBORN - “SERIE BKT” 26
Slide 27: Strengthening BKT Brand : Spain, Europe
Strengthening BKT Brand : Spain, Europe BKT is the New Official Global Partner for the Spanish Football League “La Liga” 27
Slide 28: Strengthening BKT Brand : France, Europe
Strengthening BKT Brand : France, Europe BKT is the New TITLE Sponsor for the FRENCH Football League “COUPE DE LA LIGUE BKT” 28
Slide 29: Strengthening BKT Brand : Australia
Strengthening BKT Brand : Australia BKT is the Official “OFF-HIGHWAY TIRE PARTNER” for KFC BIG BASH LEAGUE (THE AUSTRALIAN CRICKET LEAGUE) 29
Slide 30: Strengthening BKT Brand : India
Strengthening BKT Brand : India Supporting Kabbadi by becoming the official Tire Partner for 8 marquee Teams in Pro Kabbadi League 30
Slide 31: Strengthening BKT Brand : India
Strengthening BKT Brand : India OFF-HIGHWAY TIRE PARTNER FOR THE ‘TAMIL NADU PREMIER LEAGUE’ (TNPL) FOR T-20 CRICKET 31
Slide 32: Strengthening BKT Brand : Sunny Deol our Brand Ambassador
Strengthening BKT Brand : Sunny Deol our Brand Ambassador Popular Bollywood Icon Sunny Deol is the Brand Ambassador of BKT 32
Slide 33: BKT stands for… Growing Together
BKT stands for… Growing Together CSR Film: BKT supports Society in its bid to fight Covid-19 33
Slide 34: For further information, please contact
For further information, please contact: Company : Investor Relations Advisors : Balkrishna Industries Ltd. Strategic Growth Advisors Pvt. Ltd. CIN - L99999MH1961PLC012185 CIN - U74140MH2010PTC204285 Mr. B K Bansal, Director - Finance Mr. Shogun Jain / Ms. Payal Dave bkbansal@bkt-tires.com shogun.ja
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