Sintercom India Ltd. · NSE:SINTERCOM
Sintercom India — Q1 FY24 Earnings Presentation
15 slides from Sintercom India's earnings presentation, Aug 21, 2023
Slide 1: Cover letter to NSE: Earnings Presentation Q1-FY24
21st August, 2023 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 Subject: Earnings Presentation Q1-FY24 Dear Sir/ Madam, Please find enclosed here
Slide 2: Sintercom India Ltd. Earnings Presentation Q1-FY24
Sintercom India Ltd. Investor Presentation- March 2021 EARNINGS PRESENTATION Q1-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: Q1-FY24 Client-wise Revenue Bajaj Auto Limited, 15.34% Miba Clientele: Mahindra & Mahindra, Bhavani Industries 46.35% 2.41% PSA, 0.72% Schaeffler, 9.16% Dana Graziana (Off Road), 0.65% Others, 2.43% Maruti Suzuki Limited, 22.94% Sintercom India Limited Earnings Prese
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 Q1- FY24 Segment-wise Rev
Slide 7: Key Financial Highlights
~ @D Sowexoy Key Financial Highlights
Slide 8: Q1-FY24 Key Financial and Operational Highlights
Q1-FY24 Key Financial and Operational Highlights Q1- FY24 Operational Highlights: • Flattish YoY sales for the quarter as schedules were affected due to supply chain issues at OEM end. Q1-FY24 Financial Performance • YoY EBITDA has increased to 16.3% as against 11.7%, mainly due to easing of the RM
Slide 9: Manufacturing Metrics
Manufacturing Metrics Capacity Utilization (MTPA) Product Mix 3,600 3,600 3,600 60% 60% 60% 60% 1,790 1,360 976 900 447 40% 40% 40% 40% FY21 FY22 FY23 Q1-FY24 FY21 FY22 FY23 Q1-FY24 Utilisation Capacity Diesel Gasoline OEM wise Sourcing Segment Wise Revenue (INR Mn) 10.36 15.46 3.23 20.67 240.85 309
Slide 10: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q1-FY24 Q1-FY23 Y-o-Y Q4-FY23 Q-o-Q Revenue from Operations 190 196 (3.1)% 197 (3.6)% Expenses 159 173 (8.1)% 163 (2.5)% EBITDA 31 23 34.8% 34 (8.8)% EBITDA Margins (%) 16.32% 11.73% 459 bps 17.26% (94)bps Other Income 0 0 NA 0 NA Finance cost 9 8
Slide 11: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY21 FY22 FY23 Q1-FY24 Revenue from Operations 472 599 822 190 Expenses 438 545 708 159 EBITDA 34 54 114 31 EBITDA Margins (%) 7.20% 9.02% 13.87% 16.32% Other Income 5 1 1 0 Finance cost 39 29 33 9 Depreciation and amortisation expenses 62 71 79 20 Pr
Slide 12: Balance Sheet
Balance Sheet Equity and Liabilities (INR Mn) FY21 FY22 FY23 Assets (INR Mn) FY21 FY22 FY23 Share Capital 255 265 275 Non-current assets Reserves and Surplus 782 731 721 Fixed assets Total Equity 1,037 996 996 Property, Plant & Equipment 740 729 703 Non Current Liabilities Other Intangible assets 13
Slide 13: Capital Market Data
Capital Market Data 1 Year Stock Price Return (As on 30th June, 2023) 60% 50% 40% 30% 20% 10% 0% -10% -20% Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Sintercom Nifty Smallcap 250 Price Data (As on 30th June, 2023) Shareholding Structure (As on 30th June, 2023
Slide 14: 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 15: Thank You!
Thank You! 14