Amara Raja Energy & Mobility Ltd · NSE:ARE&M
Amara Raja Energy & Mobility — Q2 FY2025 Earnings Presentation
24 slides from Amara Raja Energy & Mobility's earnings presentation, Nov 5, 2024
Slide 1: Regulation 30 intimation cover letter to stock exchanges
November 5, 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: 50000
Slide 2: Earnings Presentation Q2/H1 FY2025
A m a r a R a j a E n e rg y & M o b i l i t y L i m i t e d (formerly Known as Amara Raja Batteries Limited) E A R N I N G P R E S E N TAT I O N Q2/H1- FY 2025
Slide 3: Snapshot
Snapshot BUSINESS OPERATIONS FINANCIALS 11 Manufacturing Market Cap ~ INR 260 Bn+(As on 4 decades of experience Facilities(including 2 plastic units Sep 30, 2024 and assembly plants) 50+ Million units annualized Leading Automotive Battery Nominal debt in the books Capacity for Automotive batteries B
Slide 4: Overview
Overview ▪ Amara Raja Energy & Mobility Limited, (ARE&M), formerly known as Amara Raja CONSOLIDATED INCOME (INR Mn) & EBITDA MARGINS(%) Batteries Limited, is one of the largest manufacturers of lead-acid batteries in 1,40,000 13.78% 14.17% 13.35% 16.00% 14.00% 1,20,000 India. 12.00% 1,00,000 1,17,08
Slide 5: Operations At A Glance
Operations At A Glance LEAD ACID BATTERIES AUTOMOTIVE | INDUSTRIAL Lead Recycling plant • Li Cell and Pack Manufacturing AUTOMOTIVE • EV Charging Products • Applications – 2W, 3W, 4W & CV’s • Energy Storage Solutions • First AGM battery manufacturer for 2W • Developed India’s First 21700 Cylindrical
Slide 6: State Of Art Manufacturing Facilities- LAB
State Of Art Manufacturing Facilities- LAB AMARA RAJA GROWTH 4W Battery- MVRLA 2W KARAKAMBADI PLANTS CORRIDOR- LAB 2 Plants Battery Battery 7 Battery Manufacturing Plants in 2 locations LAB- 4W Battery SEGMENTS ANNUALISED CAPACITY LOCATION LAB- LVRLA Battery Automotive ~50 Mn Tirupathi & Chittoor- A
Slide 7: State Of Art Assembly Plants - NEB
State Of Art Assembly Plants - NEB Pack Assembly Plant- Stationery- Tirupathi Pack Assembly Plant- Mobility- Divitipally SEGMENTS ANNUALISED CAPACITY LOCATION Mobility ~1.0 Gwh Divitipally- Telangana Stationary ~1.0 Gwh Tirupathi- AP 6
Slide 8: Marquee OEM Clientele
Marquee OEM Clientele Lead Acid Business- LAB New Energy Business- NEB* Automotive Industrial Mobility & Stationery Airtel EicherLogo *New Energy Business- Other than Lead acid batteries(including lithium-ion batteries) 7
Slide 9: New Energy Business: The Future Growth Engine
New Energy Business : The Future Growth Engine Li Cell and pack • India’s electrification demand expected to be 150GWh by 2030 ARE&M’S Manufacturing FORAY IN • Adoption across user segments like Mobility Telecom and Data 150 GWH NEW EV Charging ENERGY Centres Solutions SOLUTIONS • Significant market
Slide 10: Operational Highlights (LAB) – Q2/H1-FY25
Operational Highlights (LAB) – Q2/H1-FY25 Automotive ➢ After market – 2W volumes and 4W reflected robust growth in volumes during Q2- FY25 on Y-O-Y basis ➢ OEM volumes have registered significant growth in 2W segment, while the 4W space is seeing a tepid demand ➢ Other Applications- Uptick in volume
Slide 11: Automotive- Reaching Out To International Markets
Automotive- Reaching Out To International Markets Enhancing brand image and strengthening global network and presence Product Launch, Hongkong Product Training Distributor team training, Dubai 10
Slide 12: Capex Project Update- Lead Acid Battery
Capex Project Update- Lead Acid Batter y Battery Recyling Plant at Cheyyar- Tamil Nadu Tubular Battery Plant at ARGC- Chittoor • 1.5 Lac MTPA (Phase I and Phase II) State-of-the-art Advanced • 1 Mn+ Battery/ Annum Advanced Tubular Manufacturing plant Green field Lead Acid Battery Recycling plant • P
Slide 13: Operational Highlights (NEB) – Q2/H1-FY25
Operational Highlights (NEB) – Q2/H1-FY25 Business Performance Mobility ➢ 3W segment registered modest volumes growths during Q2/H1 – FY25 ➢ Focused approach to onboard new customers across other mobility segments Stationary applications ➢ Leveraging existing relationships and partnered with telecom
Slide 14: Financial Highlights
aN ())) AMARA RAJA FINANCIAL HIGHLIGHTS
Slide 15: Q2 FY25/H1-FY25 Key Financial Highlights
Q2 FY25/H1-FY25 KEY FINANCIAL HIGHLIGHTS Q2-FY24 FINANCIAL H1- FY25 FINANCIAL PERFORMANCE-CONSOLIDATED PERFORMANCE - CONSOLIDATED REVENUE FROM EBITDA EBITDA MARGINS REVENUE FROM EBITDA EBITDA MARGINS OPERATIONS OPERATIONS INR 32,507 Mn INR 4,327 Mn 13.3% INR 65,138 Mn INR 8,699 Mn 13.4% PAT PAT MARG
Slide 16: Q2-FY25 Key Financial Highlights- Consolidated
Q2- FY25 Key Financial highlights- Consolidated Revenue Split by Segment Revenue Split by Segment LEAD ACID BATT. REVENUES (INR Mn) 31,373 31,501 28,093 GEOGRAPHICAL REVENUE SPLIT (INR Mn) 28,147 28,437 26,042 Q2 FY24 Q1 FY25 Q2 FY25 3,555 4,484 4,070 OTHER BUSINESS REVENUES (INR Mn) 1,504 1,258 Q2
Slide 17: Quarterly Consolidated Financial Performance
Quarterly Consolidated Financial Performance PARTICULARS (INR Mn) Q2-FY25 Q2-FY24* Y-O-Y Q1-FY25 Q-O-Q Operational Revenue 32,507 29,597 9.8% 32,631 (0.4)% Total Expenses 28,180 25,344 11.2% 28,259 (0.3)% EBITDA 4,327 4,253 1.7% 4,372 (1.0)% EBITDA Margins (%) 13.3% 14.4% (106) bps 13.4% (10) Bps Ot
Slide 18: Historical Consolidated Income Statement
Historical Consolidated Income Statement PARTICULARS (INR Mn) FY23 FY24 H1 FY25 Operational Revenue 1,03,920 1,17,084 65,138 Total Expenses 89,600 1,00,499 56,439 EBITDA 14,320 16,585 8,699 EBITDA Margins (%) 13.8% 14.2% 13.4% Other Income 924 1,104 551 Depreciation 4,504 4,843 2,501 Finance Cost 29
Slide 19: Consolidated Balance Sheet
Consolidated Balance Sheet PARTICULARS (INR Mn) FY23 FY24 H1 FY25 PARTICULARS (INR Mn) FY23 FY24 H1 FY25 Assets Equity And Liabilities (1) Non-Current Assets (1) Equity 60,070 67,987 72,658 (A) Property, Plant And Equipment 28,555 29,095 29,459 (A) Equity Share Capital 171 183 183 (B) Right Of Use A
Slide 20: Consolidated Financial Charts
Consolidated Financial Charts REVENUES (INR Mn) EBITDA (INR Mn) & EBITDA MARGINS (%) PAT (INR Mn) & PAT MARGINS (%) 22,000 13.78% 14.17% 16.00% 13,000 8.00% 13.35% 1,17,084 14.00% 11,000 7.98% 7.00% 7.44% 1,03,920 7.03% 17,000 6.00% 12.00% 9,000 16,585 9,344 5.00% 14,320 10.00% 12,000 7,000 65,138 8
Slide 21: Standalone Financial Charts
Standalone Financial Charts REVENUES (INR Mn) PAT (INR Mn) & PAT MARGINS (%) EBITDA (INR Mn) & EBITDA MARGINS (%) 1,12,603 8.04% 7.74% 14.40% 12,000 9.00% 1,03,897 20,000 13.81% 13.90% 16.00% 7.03% 8.00% 10,000 14.00% 7.00% 9,059 12.00% 8,000 6.00% 16,214 15,000 10.00% 62,670 14,350 7,307 5.00% 6,00
Slide 22: Capital Market Data
Capital Market Data NSE: ARE&M | BSE: 500008 | Bloomberg: AMRJ:IN | Reuters: AMAR.NS / AMAR.BO 180% 160% 1 YEAR STOCK PERFORMANCE 140% 120% 100% 80% 60% 40% 20% 0% -20% Oct-23 Nov-23 Dec-23 Jan-24 Jan-24 Mar-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Amara Sensex PRICE DATA (AS ON 30TH SEPT
Slide 23: 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 24: Thank You
aN ())) AMARA RAJA THANK YOU
Amara Raja Energy & Mobility — Q2 FY2025 Earnings Presentation on 6ix