Slide 1: Exchange filing cover letter – Investor Presentation Q3 FY22
ATL/SEC/21 February 3, 2022 The Secretary, The Secretary, BSE Ltd. National Stock Exchange of India Ltd, Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra-Kurla Complex, Mumbai – 400001. Bandra (E), Mumbai - 400 051 Sub: Investor Presentation –Q3 FY22 Dear Sirs, Pursuant to Regulation
Slide 2: Earnings Presentation | Q3 FY22
Earnings Presentation | Q3 FY22
Slide 3: Disclaimer
Disclaimer These materials have been prepared by Apollo Tyres Limited together with its subsidiaries (the “Company”), are for informational purposes only and do not constitute a prospectus or an offer document, or form part of an offer, solicitation or invitation of any offer to purchase or subscrib
Slide 4: Consolidated Financial Snapshot
Consolidated Financial Snapshot Q3 FY22 Financial Performance Revenue EBITDA EBITDA Margins Q3 FY22 Operational Highlights INR 57,075 Mn INR 7,429 Mn 13.0% • Growth across both India & Europe operations driven by Y-o-Y Y-o-Y Y-o-Y sharp execution, price increases and strong volume 9.9% -27.9% -682 b
Slide 5: Performance Summary – YTD FY22
Performance Summary – YTD FY22 Revenue Revenue Mix Mix Consolidated– Consolidated –YTD YTDFY22 FY22 By Region Consolidated YTD Consolidated YTD Revenue of EBITDA of Others, 1% ~₹154 Bn ~₹19 Bn (12.7%) Europe1, 31% YTD Capacity Utilization India Europe 82% 84% APMEA, 67% Note: 1. Europe Includes oper
Slide 6: Operating Highlights – India
Operating Highlights – India Revenue (₹ Mn) Q3 FY22 37,917 • Quarter started on a positive note, however, pace of growth in last two months of the quarter was constrained by: 34,190 • Muted CV (both OE & Replacement) demand • Steep inflation, especially in fuel/ energy costs • Chip shortage (Passeng
Slide 7: Operating Highlights – Europe
Operating Highlights – Europe1 Revenue (€ Mn) Q3 FY22 167 • Witnessed strong volume recovery in the industry - 9% growth in PCLT (YoY) • PCLT UHP segment: ~20% 141 • Gained market share in key focus segments • Improvement in sales mix – UHP/ UUHP accounted for ~43% of sales mix (volumes) Q3 FY21 Q3
Slide 8: Consolidated Cash Flow & Balance Sheet Highlights
Consolidated Cash Flow & Balance Sheet Highlights Capex (₹ Bn) Key Highlights 12 • Capex in line with guidance 11 • Marginally increase in net debt from ₹ 50bn (Sep ’21) to ₹ 51bn (Dec ‘21); Significant decrease from ₹ 60bn (Mar ‘20) FY21 H1 FY22 Free Cash flow (₹ Bn) 7 FY21 H1 FY22 -6 Net Debt (₹ B
Slide 9: Financial Statements
Financial Statements
Slide 10: Profit & Loss (Quarterly) – Consolidated
Profit & Loss (Quarterly) – Consolidated Particulars (₹ Mn) Q3 FY22 Q3 FY21 Q2 FY22 % Change - YoY % Change - QoQ Revenues 57,075 51,947 50,773 10% 12% Raw Material 1 34,271 27,039 29,731 Staff Cost 6,432 6,826 6,391 Other Costs 8,942 7,779 8,271 EBITDA 7,429 10,302 6,380 -28% 16% EBITDA Margin (%)
Slide 11: Profit & Loss (YTD) – Consolidated
Profit & Loss (YTD) – Consolidated Particulars (₹ Mn) YTD FY22 YTD FY21 % Change - YoY Revenues 153,693 123,713 24% Raw Material 1 90,247 66,360 Staff Cost 19,359 18,429 Other Costs 24,609 19,095 EBITDA 19,477 19,828 -2% EBITDA Margin (%) 12.7% 16.0% Depreciation 10,243 9,673 Other Income 863 675 EB
Slide 12: Profit & Loss (Quarterly) – Standalone
Profit & Loss (Quarterly) – Standalone Particulars (₹ Mn) Q3 FY22 Q3 FY21 Q2 FY22 % Change - YoY % Change - QoQ Revenues 37,917 34,190 36,497 11% 4% Raw Material 1 26,452 19,419 24,604 Staff Cost 2,555 2,263 2,600 Other Costs 5,460 5,180 5,531 EBITDA 3,450 7,328 3,762 -53% -8% EBITDA Margin (%) 9.1%
Slide 13: Profit & Loss (YTD) – Standalone
Profit & Loss (YTD) – Standalone Particulars (₹ Mn) YTD FY22 YTD FY21 % Change - YoY Revenues 106,614 81,038 32% Raw Material 1 72,248 47,128 Staff Cost 7,778 6,385 Other Costs 16,041 12,788 EBITDA 10,547 14,737 -28% EBITDA Margin (%) 9.9% 18.2% Depreciation 5,901 5,227 Other Income 886 657 EBIT 5,5
Slide 14: Thank you
For further details please feel free to get in touch with the IR team Ravi Shingari Group Head - Accounts and Taxation ravi.shingari@apollotyres.com Himanshu Sharma Head – IR & Budgeting himanshu.sharma1@apollotyres.com Thank you