Balkrishna Industries Limited · NSE:BALKRISIND
Balkrishna Industries — Q1 FY25 Earnings Presentation
30 slides from Balkrishna Industries's earnings presentation, August 2024
Slide 1: Balkrishna Industries Ltd. Investor Presentation
BALKRISHNA INDUSTRIES LTD. Investor Presentation August’24
Slide 2: Safe Harbor
GROWING TOGETHER 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
Slide 3: Performance Snapshot – Q1FY25
Performance Snapshot – Q1FY25 GROWING TOGETHER Sales Volume Revenue 83,570 MT Rs. 2,741 cr +24% YoY +30% YoY EBITDA EBITDA Margin Rs. 714 cr 26.04% +47% YoY +303 bps YoY Net Profit Dividend* Rs. 477 cr Rs. 4/- +53% YoY All Figures on Standalone basis * 1st Interim Dividend 3
Slide 4: New Capex
New Capex GROWING TOGETHER With the acceptance and success in the OTR range of tires, the Company is planning to add fresh capacity Company is Embarking on a new capex spend of up to Rs. 1,300cr The capacity addition will be for 35,000 MTPA at Bhuj The capex spends will be implemented in phases 4
Slide 5: Sales Volume Profile
Sales Volume Profile GROWING TOGETHER 3,01,181 2,92,628 83,570 2,88,795 2,27,131 FY23 FY24 FY22 Q1FY25 FY21 Sales volumes in MT All Figures on Standalone basis 5
Slide 6: Volume Profile
Volume Profile GROWING TOGETHER Segmental Sales Channel Sales Geographical Sales 3.4% 1.7% 9.6% 24.8% 36.3% 46.7% Q1FY25 Q1FY25 29.4% Q1FY25 60.3% 73.5% 14.3% Agriculture OTR Others Replacement OEM Others Europe Americas India RoW All Figures on Standalone basis 6
Slide 7: Profit & Loss
Profit & Loss GROWING TOGETHER Standalone Particulars (Rs in Cr) Q1FY25 Q1FY24 YoY FY24 FY23 YoY Sales (MT) 83,570 67,209 24% 2,92,628 3,01,181 -3% Revenue from Operations 2,690 2,120 9,299 9,811 Realized Gain on Foreign Exchange 52 -5 77 262 Total Income 2,741 2,115 30% 9,375 10,072 -7% Raw Materia
Slide 8: Balance Sheet
Balance Sheet GROWING TOGETHER Particulars (Rs. Cr.) Mar’24 Mar’23 Particulars (Rs. Cr.) Mar’24 Mar’23 ASSETS EQUITY AND LIABILITIES Non-current assets 9,012 8,385 EQUITY 8,862 7,589 Property, Plant and Equipment 6,204 5,263 Equity Share Capital 39 39 Capital work-in-progress 944 1,392 Other Equity
Slide 9: Cash Flow
Cash Flow GROWING TOGETHER Particulars (Rs. Cr.) FY24 FY23 Operating profit before working capital changes 2,307 1,997 Changes in working capital 163 -244 Cash generated from operations 2,470 1,752 Direct taxes paid (net of refund) and others -418 -338 Net Cash from Operating Activities 2,052 1,414
Slide 10: Resilient Business Model
GROWING TOGETHER Resilient Business Model Gross Cash and Cash equivalents of Rs. 2,946 Cr as on 30th June, 2024 Diversified Product Portfolio, spread across Agriculture, Industrial, Construction, Earthmoving, Mining, Port, Lawn and Garden and ATV tires Self Reliant in Carbon Black along with Multipl
Slide 11: Strategy at BKT
GROWING TOGETHER Strategy at BKT 11
Slide 12: Balkrishna Industries – A Snapshot
Balkrishna Industries – A Snapshot GROWING TOGETHER 01 Leading ‘Off-Highway Tire” Exporter BKT is India’s Leading player in the Global ‘Off Highway Tire (OHT)’ Market Wide and comprehensive product portfolio 02 Deep understanding of OHT market has led to capabilities to manufacture over 3,200 SKUs C
Slide 13: India Production and Global Sales
GROWING TOGETHER India Production and Global Sales Waluj, Maharashtra Bhiwadi, Rajasthan Chopanki, Rajasthan India Our Manufacturing Base Bhuj, Gujarat Mould plant, Dombivali Note – Maps not to scale. All data, information, and maps are provided “as is” without warranty or any representation of accu
Slide 14: Serving Global OEMs…
Serving Global OEMs… GROWING TOGETHER http://tbn1.google.com/images?q=tbn:-kiZDEe98GLVmM:http://www.combineworld.com/images/johndeere-parts.jpg http://t1.gstatic.com/images?q=tbn:7iu9HNmNABKLqM:http://www.koc.com.tr/tr-tr/KocBrands/T%C3%BCrk%2520Trakt%C3%B6r.png The Brand Names and logos mentioned a
Slide 15: Business Practices Driving Long-Term Sustainability
Business Practices Driving Long-Term GROWING TOGETHER Sustainability Energy Efficiency Environment Waste Management • Implemented disciplined waste management • To ensure energy efficiency Initiated use of ‘Green • Controlled emissions through electrostatic system for systematic collection of scrap
Slide 16: Promoting Education, Health & Rural Development
Promoting Education, Health & Rural GROWING TOGETHER Development Our Endeavour is to improve the lives of children and adults, and our mission is to ensure health with dignity to every underprivileged children and adult 16
Slide 17: BKT – A Strong Global Brand from INDIA
GROWING TOGETHER BKT – A Strong Global Brand from INDIA 17
Slide 18: Strengthening BKT Brand: Americas
GROWING TOGETHER Strengthening BKT Brand : Americas 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 18
Slide 19: Strengthening BKT Brand: Canada
GROWING TOGETHER Strengthening BKT Brand : Canada BKT Continental Cup – Curling: BKT is the Title Sponsor of Continental Cup 19
Slide 20: Strengthening BKT Brand: Spain, Europe
Strengthening BKT Brand: Spain, Europe GROWING TOGETHER BKT is the Official Global Partner for the Spanish Football League “La Liga” 20
Slide 21: Strengthening BKT Brand: Italy, Europe
Strengthening BKT Brand: Italy, Europe GROWING TOGETHER BKT is the Title Sponsor for the ITALIAN SERIE ‘B’ FOOTBALL CHAMPIONSHIP – THE NEWBORN - “SERIE BKT” 21
Slide 22: Strengthening BKT Brand: France, Europe
GROWING TOGETHER Strengthening BKT Brand: France, Europe BKT is the Sponsor for the “LIGUE de Football Professionel (LFP)” in France 22
Slide 23: Strengthening BKT Brand: Europe
GROWING TOGETHER Strengthening BKT Brand: EUROPE BKT is associated with United Rugby Championship 23
Slide 24: Strengthening BKT Brand: Europe
GROWING TOGETHER Strengthening BKT Brand : EUROPE Premium Partner of EUROLEAGUE BASKETBALL 24
Slide 25: Strengthening BKT Brand: Tractor of the Year - Europe
Strengthening BKT Brand : GROWING TOGETHER Tractor of the year (TotY) - EUROPE Team of expert journalists in agricultural mechanization, assign the Tractor of the Year (TotY) award to the ‘Best European Tractor’ 25
Slide 26: Strengthening BKT Brand: UK
Strengthening BKT Brand : UK GROWING TOGETHER 26
Slide 27: Strengthening BKT Brand: Australia
GROWING TOGETHER Strengthening BKT Brand : Australia BKT is the Official “OFF-HIGHWAY TIRE PARTNER” for KFC BIG BASH LEAGUE (THE AUSTRALIAN CRICKET LEAGUE) 27
Slide 28: Strengthening BKT Brand: India
Strengthening BKT Brand : India GROWING TOGETHER Official Partner of Teams in the Cricket T20 League for Season 17 The Brand Names and logos mentioned are the property of their respective owners and are used here for identification purposes only 28
Slide 29: Strengthening BKT Brand: India
Strengthening BKT Brand : India GROWING TOGETHER Click here for the BKT Video Ranveer Singh is the Brand Ambassador of BKT 29
Slide 30: Thank You
Thank You Company Investor Relations Advisor Balkrishna Industries Ltd. Strategic Growth Advisors Pvt. Ltd. CIN - L99999MH1961PLC012185 CIN - U74140MH2010PTC204285 Mr. M S. Bajaj Mr. Shogun Jain Senior President (Commercial) & CFO shogun.jain@sgapl.net msbajaj@bkt-tires.com +91 77383 77756 www.bkt-t
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