Slide 1: Varroc Engineering Limited - Presentation made in Analysts meeting
Varroc Engineering Limited Regd. & Corp. Office L-4, MIDC, Industrial Area Tel + 91 240 6653700 email: varroc.info@varroc.com Waluj, Aurangabad 431 Fax + 91 240 2564540 www.varroc.com 136, Maharashtra, India CIN: L28920MH1988PLC047335 VARROC/SE/INT/2022-23/47 July 23, 2022 To, The Manager- Listing T
Slide 2: Varroc Engineering Ltd. Pune Plant III
Varroc Engineering Ltd. Pune Plant III B-24 / 25 MIDC Industrial area, Chakan, 410501
Slide 3: Varroc Engineering Ltd. Plant – III, Pune
Varroc Engineering Ltd. Plant – III, Pune Incorporation - 2005 Plot Area - 34,873 Sq. Mt Total Employees - 672 Nos Certifications - IATF 16949 , ISO14001 & ISO45001 2 Confidential - Varroc
Slide 4: QMS & EHS Certifications
QMS & EHS Certifications IATF 16949 ISO 14001 ISO 45001 Quality Management Environmental Management Occupational health & Safety Management System System System
Slide 5: Milestones – VEL III
Milestones –VEL III • Best of best-case study award in MSQCC-08. • BAL TPM Excellence • HMSI Dashboard supply • TVS supply started Award • Best kaizen award in CII • BS6 product supply Competition 2008 • EMS OHSAS Certification started • Best of best-case study award in CCQC • BAL “Q” Gold Award • S
Slide 6: Our Prestigious Customers
Our Prestigious Customers 5 Confidential - Varroc
Slide 7: Electrical Business Unit Product Portfolio
Electrical Business Unit Product Portfolio Electrical 2W Motor 3W Motor Magneto Electronics Regulator Rectifier ECU Instrument Cluster EV Products Traction Motor Controller On-Board Charger Telematics Unit DC-DC Converter BMS Vehicle control unit. Confidential - Varroc
Slide 8: Our SMT Manufacturing Facility
Our SMT Manufacturing Facility With capacity to increase from7 Lines to 30 Lines Capacity Quality IT & MES enabled factory Shop Floor Capability Smart Storage Solution 7 Confidential - Varroc
Slide 9: Manufacturing Excellence Initiatives
Manufacturing Excellence Initiatives Line CT Study Loss Single Piece Balancing through Reduction flow MOST Inventory Kaizen Digitalization 5S Management 8
Slide 10: Green Initiatives
Green Initiatives Installed KW 195 487 682 2020-21 2021-22 Total 20-21 19K Generated KWH 21-22 380K 22-23(till date) 286K
Slide 11: Awards: The Machinist Super shopfloor Award 2020 in Digital Category
Awards: The Machinist Super shopfloor Award 2020 in Digital Category
Slide 12: Awards & Recognitions
Awards & Recognitions Won runner up in ACMA Kaizen Competition Winner 1st Prize in 13th CII TPM Circle Competition in QM Pillar Category Won 2 Gold award in QCFI Kaizen Competition
Slide 13: Awards & Recognitions
Awards & Recognitions waa ot My, a a Congratulations Varroc Engineering Ltd - Plant ili Team - Winner - POKA YOKE Category + Deenbaittd pci pantie CHAMPIONS’ TROPHY anon Orsay cine POKA YOKE Competition 17 August 2020 Winner Category: Contre! Type farroc Engineering Ltd, VEL Ill — Chakan PERFORM@CHA
Slide 14: Thank You
Thank You Our Core Values Sincerity Humility Integrity Passion Self-Discipline To speak and act from To walk with everyone To do what is right To go the distance To make it all happen the heart against all odds 13
Slide 15: Varroc Analyst Meet July 2022
Varroc Analyst Meet July 2022
Slide 16: Agenda
Agenda 1. Varroc Corporate Overview 2. Varroc Technology :- Trends & Our Offerings 3. Varroc Business Strategy 4. EV a Big Opportunity 5. Why Varroc 15 Confidential - Varroc
Slide 17: About Us
About Us Varroc is a Leading Indian Auto Technology Group with a Global Footprint Four primary business lines: • Founded in 1988 in Aurangabad, India by the Jain family • Successful listing on the Indian Stock Exchanges in July 2018 • Strong, long-lasting, growing customer relationships with marquee
Slide 18: Our Journey
Our Journey Varroc’s Transformation into a GlobalAuto Technology Group Polymer Business Acquired Forging Acquired Visteon’s global PV Signed an MoU with Candera GmbH company, IMES, Italy lighting business (now VLS) Varroc Engineering Limited to integrate HMI (Human Machine 1990 listed on the Indian
Slide 19: Symmetric Representation of Varroc (Post Divestment)
Symmetric Representation of Varroc (Post Divestment) Promoter Share Holding Public Share Holding 75.0% 25.0% Varroc Engineering Limited VEL - Standalone Operations Overseas Joint Ventures Overseas Subsidiaries India Subsidiaries’ & JV ● Varroc TYC (China JV for ● IMES ITALY ● Electrical and Electron
Slide 20: Global Business with Diversified Product Lines
Global Business with Diversified Product Lines INDIAN Operations (76.4%) EUROPEAN Operations (13.0%) CHINA JV (10.6%) Polymer Electrical & Electronics (Includes Lighting) Metallic Global Lighting Electronics Metallic (IMES) Lighting • Supplies precision forged & • Focus on ADAS, Lighting • Global su
Slide 21: Board & Leadership Team
Board & Leadership Team Independent Directors Arjun Jain T. R. Srinivasan R&D Heads President – Electrical Group Chief Financial Business Unit and Officer Dr. Prakash Kalathil Marc Szulewicz Whole-time Director R&D Head, Polymer Ex-General • Total Experience: ~32 years Manager, Foreign • Total Exper
Slide 22: Agenda
Agenda 1. Varroc Corporate Overview 2. Varroc Technology :- Trends & Our Offerings 3. Varroc Business Strategy 4. EV a Big Opportunity 5. Why Varroc 21 Confidential - Varroc
Slide 23: Trends @ Varroc
Trends@Varroc For us, innovation is the ability to see GREENER FOCUS ON EV change as an opportunity, not a threat. •Traction Motor and Controller •DC DC Converter •Onboard Charger Global mobility trends we consistently •Battery Management System work towards: FOCUS ON SUSTAINABLE MATERIALS FOR Green
Slide 24: Trends @ Varroc
Trends@Varroc For us, innovation is the ability to see change as an opportunity, not a threat. SAFER SMARTER & CONNECTED •Connected Clusters •EFI ECU •ADB (Adaptive Driving Beam) •TBT (Turn By Turn) Indicator •Matrix Technology in Lighting •Duel Injection Tailgate Carriers •Laser Boosted Headlamps •
Slide 25: Agenda
Agenda 1. Varroc Corporate Overview 2. Varroc Technology :- Trends & Our Offerings 3. Varroc Business Strategy 4. EV a Big Opportunity 5. Why Varroc 24 Confidential - Varroc
Slide 26: Electrification and Efficiency; Connectivity and Digitization
Electrification and Efficiency Connectivity and Digitization 48V-epowertrain platform for LCD to TFT and Connected small vehicles • Android/Car-play OS • Consists of basic units (on board charger, inverter • WiFi/BTLE and DC/DC converter) with PMSM Motor. Total power • Smartphone usage • Digital Key
Slide 27: Customer Centric Manufacturing Company
Customer Centric Manufacturing Company BD & KAM WHAT NEXT AGILITY PROXIMITY DIGITALIIZATION STRUCTURE (INNOVATION)
Slide 28: Cost Leadership in Manufacturing
Cost Leadership in Manufacturing 1 SOURCING 2 VALUE ADDITION & VALUE ENGINEERING 3 INDUSTRY 4.0 (Smart Factories)
Slide 29: Cross Business Unit Collaboration
Cross Business Unit Collaboration 4W ORVM Traction Mirror Motors ORVM With Tailgate Camera Liner System Cross BU Collaboration Spoiler Console Lighting Door Trim Swing Type Illumination Electric Footstep
Slide 30: Agenda
Agenda 1. Varroc Corporate Overview 2. Varroc Technology :- Trends & Our Offerings 3. Varroc Business Strategy 4. EV a Big Opportunity 5. Why Varroc 29 Confidential - Varroc
Slide 31: EV a Big-Opportunity (Content Per Vehicle)
EV a Big-Opportunity (Content Per Vehicle) Others, 5.1% IMES, 5.1% MBU, 12.0% Aftermarket, 8.5% 4W, 20.9% EBU, 19.8% Lighting, 21.4% 3W, 8.1% 2W Motorcycle, 61.1% PBU, 33.1% 2W Scooters, 4.8% 43,538 30081 19,555 18,103 12294 16,275 11448 7936 8490 7273 5369 7,132 Upto 110 CC >110 - 135 CC > 135 -175
Slide 32: EV a Big-Opportunity (New Products in Various BU)
EV a Big-Opportunity (New Products in Various BU) R&D efforts are directed towards ongoing trends Increased Use Stricter Environmental Electrification Autonomous Driving Connectivity Digitalization & IoT Sustainability, of Electronics Regulation Reliability & Efficiency WE OFFER WIDE RANGE OF PRODUC
Slide 33: Why Varroc?
Why Varroc? Varroc’s Vision Statement Q - High Reliability To bring leading-edge technologies to the mainstream markets • Reuse of proven designs with high quality and cost competitive solutions by delivering • APQP methodology, layered process Audits, Sustenance Audits ensures high quality & reliab
Slide 34: Thank You
Thank You Our Core Values Sincerity Humility Integrity Passion Self-Discipline To speak and actfrom To walk with everyone To do what is right To go the distance To make it al happen the heart against al odds