Slide 1: Exchange filing cover letter
17th February, 2024 To, The Manager- Listing Department National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G-Block, Bandra-Kurla Complex, Bandra (E), Mumbai 400 051, India Symbol: SINTERCOM Series: EQ ISIN: INE129Z01016 Subject: Earnings Presentation Q3/9M-FY24 Dear Sir/ Madam, P
Slide 2: Earnings Presentation Q3/9M-FY24
Sintercom India Ltd. Investor Presentation- March 2021 EARNINGS PRESENTATION Q3/9M-FY24
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 Manufacturing Prowess Global Footprint Financial Strength Powder Metal Process Expertise Revenue* Added Value Sintered Components 971 WORLDWIDE (in EUR million) • Comprehensive Advice 30 PRODUCTION SITES • Design and Validation 7,400 EMPLOYEES 7366 Employees • Choice Of Material Engine
Slide 5: Client List
Client List Sintercom Clientele: 9M-FY24 Client-wise Revenue Bajaj Auto Limited, Bhavani 8.74% Industries, 1.20% PSA, 9.21% Miba Clientele: Mahindra INA- & Schaeffler/ Mahindra, Catensys, 45.12% 9.14% Dana Graziana Exports, (Off Road), 4.86% 0.30% Others, 2.99% Maruti Suzuki Limited, 18.44% Sinterco
Slide 6: 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-FY24 Segment-wise Reve
Slide 7: Key Financial Highlights
~ @D Sowexoy Key Financial Highlights
Slide 8: Key Financial and Operational Highlights
Key Financial and Operational Highlights Q3-FY24 Financial Performance Q3/9M- FY24 Operational Highlights: • QOQ registered sales growth of 6% in line with the industry growth. YOY growth of about INR 233 Mn INR 39 Mn 16.74% 2% Revenue from EBITDA EBITDA Margins Operations • YOY EBITDA has increased
Slide 9: Manufacturing Metrics
Manufacturing Metrics Capacity Utilization (MTPA) Product Mix 3,600 3,600 3,600 2,700 60% 60% 60% 60% 1,790 1,360 1,460 976 40% 40% 40% 40% FY21 FY22 FY23 9M-FY24 FY21 FY22 FY23 9M-FY24 Utilisation Capacity Diesel Gasoline OEM wise Sourcing Segment Wise Revenue (INR Mn) 10.36 15.46 11.1 20.67 240.85
Slide 10: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q3-FY24 Q3-FY23 Y-o-Y Q2-FY24 Q-o-Q Revenue from Operations 233 213 9.4% 219 6.4% Expenses 194 184 5.4% 184 5.4% EBITDA 39 29 34.5% 35 11.4% EBITDA Margins (%) 16.74% 13.62% 312 Bps 15.98% 76 Bps Other Income 0 0 NA 1 NA Finance cost 11 9 22.2% 11
Slide 11: YTD Income Statement
YTD Income Statement Particulars (INR Mn) 9M-FY24 9M-FY23 Y-o-Y Revenue from Operations 642 625 2.7% Expenses 535 545 (1.8)% EBITDA 107 80 33.8% EBITDA Margins (%) 16.67% 12.80% 387 Bps Other Income 1 1 0.0% Finance cost 31 24 29.2% Depreciation and amortisation expenses 64 59 8.5% Profit before tax
Slide 12: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY21 FY22 FY23 9M-FY24 Revenue from Operations 472 599 822 642 Expenses 438 545 708 535 EBITDA 34 54 114 107 EBITDA Margins (%) 7.20% 9.02% 13.87% 16.67% Other Income 5 1 1 1 Finance cost 39 29 33 31 Depreciation and amortisation expenses 62 71 79 64
Slide 13: Balance Sheet
Balance Sheet Equity and Liabilities (INR Mn) FY22 FY23 H1-FY24 Assets (INR Mn) FY22 FY23 H1-FY24 Share Capital 265 275 275 Non-current assets Reserves and Surplus 731 721 725 Fixed assets Total Equity 996 996 1,000 Property, Plant & Equipment 729 703 769 Non Current Liabilities Other Intangible ass
Slide 14: Key Financial Highlights
Key Financial Highlights Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margins (%) 114 107 822 599 642 472 54 34 13.87% 16.67% 7.20% 9.02% FY21 FY22 FY23 9M-FY24 FY21 FY22 FY23 9M-FY24 Cash Conversion Cycle (Days) Net Debt/Equity (x) 0.27 0.28 239 0.24 191 172 0.13 FY21 FY22 FY23 FY21 FY22 FY23 H1-FY24
Slide 15: Capital Market Data
Capital Market Data 1 Year Stock Price Return (As on 31ST December 2023) 60% 50% 40% 30% 20% 10% 0% -10% -20% Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Sintercom Nifty Smallcap 2502 Price Data (As on 31ST December 2023) Shareholding Structure (As on 31ST Dec
Slide 16: 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 17: Thank You!
Thank You! 16