Suprajit Engineering Limited · NSE:SUPRAJIT
Suprajit Engineering — Investor Presentation (October 2024)
38 slides from Suprajit Engineering's investor presentation, Oct 17, 2024
Slide 1: Exchange filing cover letter: Investor Presentation
October 17, 2024 SEL/SEC/ 2024-2025/66 BSE Limited National Stock Exchange of India Ltd Department of Corporate Services Exchange Plaza, C-1, Block-G, P. J. Towers, 25th Floor, Dalal Street, Bandra Kurla Complex, Bandra (E) Mumbai- 400 001 Mumbai- 400 051 Ref: 532509 Ref: SUPRAJIT Dear Sirs, Sub: In
Slide 2: Suprajit Investor Presentation
Global Scale Local Focus Technology Driven Suprajit Investor Presentation Enabling a World in Motion July 10th, 2024
Slide 3: Core Product Business Leadership
Core Product Business Leadership Full Global Product Range in our Core Products Frequent replacement products with strong spares requirement Leader by far in India. #2 Globally in Control Cables & #3 Globally in Halogen Lamps Scale across industries, geographies and aftermarket Applications
Slide 4: Suprajit Group
Suprajit Group Suprajit Engineering Limited Domestic Cable Suprajit Controls Division - SCD Phoenix Lamps Division - Suprajit Electronics Technology Division - DCD (Global Cables and Controls) PLD Division - SED Center India Cable Non-Automotive Automotive (SAL) Domestic Lamp Electronics Facility Op
Slide 5: Strong Leadership
Strong Leadership Ajith Rai Mohan N.S. Akhilesh Rai Medappa Gowda Chairman, Founder CEO, MD Director & CFO & CS Suprajit Group Suprajit Group Chief Strategy Officer Suprajit Group 39 years building 29 years with Bosch, Suprajit Group 28 years with Suprajit Suprajit Visteon, ZF MBA London Business 11
Slide 6: Suprajit Technology Center (STC)
Suprajit Technology Center (STC) STC supports our divisions to move “beyond cables” to support Indian and Global customer actuation needs STC focuses on 2W EV and Off-highway/Agri-tech but has productionised innovative technology across industry Multiple patents have been filed and are now revenue g
Slide 7: Global Platform for Actuation
Global Platform for Actuation Actuation/Interfaces Motion (Seat/Headrest/Handrest Motion/Hood/Sunroof) Inputs Locking/Unlocking (Steering/Seat/Charging-Gun) Levers/Latches Global Platform for Friction (Braking Systems) Mechanical and Transfer Switches/Buttons Electromechanical Motion/Signal Actuator
Slide 8: Global R&D Sales Going from Cables to Beyond Cables
Global R&D Sales Going from Cables to Beyond Cables Brake Cables to Complete Braking Speedometer Cables to Digital USA – Supports PV & OFH Systems Clusters UK – Supports PV & OFH Germany - Supports PV & OFH China – Supports All Verticals India – Supports All Verticals R&D Backbone in India throu
Slide 9: Suprajit Electronics Division (SED)
Suprajit Electronics Division (SED) Launched as a standalone division for FY24 to cater to strong traction from customers and with focus on driving the EV revolution and support Suprajit Group’s ambition to be a global provider of actuation and display technologies Strong Customer Traction Innovativ
Slide 10: Customers
Customers 40+ PV OEMs and Tier 1s 10+ 2W OEMs and Tier 1s 20+ OFH OEMs and Tier 1s 15+ Lighting Tier 1s * This list is not exhaustive. All names, images and logos are copyright of their respective owners. 9
Slide 11: Customers
Customers Top 10 Customers span all verticals Extensive Global 40+ 10+ 20+ 10+ Customer Base PV OEMs 2W OEMs OFH OEMs Lighting Tier and Tier 1s and Tier 1s and Tier 1s 1s * This list is not exhaustive. All names, images and logos are copyright of their respective owners. 10
Slide 12: Strategy – Derisk & Grow Profitably
Strategy – Derisk & Grow Profitably Through Strong Organic Growth, Capacity Expansion, Product Innovation, and Strategic Acquisitions 1985 2024 Power Sports, Garden Three-Wheeler & Passenger & Commercial Equipment, Global After Single Segment Two-Wheeler Multiple Segments India Aftermarket Vehicle
Slide 13: A Global Footprint – Ready for the shift to Global OEM Platforms
A Global Footprint – Ready for the shift to Global OEM Platforms Suprajit Europe – UK Suprajit Canada Distribution, Marketing, Tech Centre Luxlite, Luxembourg Suprajit Germany Marketing, Distribution Suprajit Hungary Wescon Wichita * Manufacturing and Engineering Suprajit Europe - Slovenia Suprajit
Slide 14: Global Platform for Actuation
Global Platform for Actuation Customer Production and Available Suprajit Location Complex, A-Surface parts, Low Supply OEM India / North Chain Risk, Low Visibility on Volume Europe South America China APAC/Japan Production South Asia America On Shore Hungary USA Near Shore India Mexico x 2 China Sim
Slide 15: Group Financials
Group Financials Net Sales EBITDA 349.8 332.4 16.6% 16.2% 15.7% 222.3 14.9% 14.6% (USD Mn) 14.4% 198.2 14.1% 192.0 13.2% 145.3 11.6% 11.3% 73.9 55.9 41.9 25.0 FY09 FY11 FY13 FY15 FY17 FY19 FY21 FY22 FY23 FY24 FY09 FY11 FY13 FY15 FY17 FY19 FY21 FY22 FY23 FY24 0.79 0.73 0.65 CAGR Growth 10 Years 15 Ye
Slide 16: Segmental and Geographic Synergies
Segmental and Geographic Synergies 1% 3% 8% Category-wise 5% 18% 26% 27% 33% FY FY FY FY 2011-12 25% 2021-22 2023-24 2001-02 19% 62% 23% 18% 96% 36% Automotive 2-wheeler Aftermarket Non-Automotive 1% 10% Geography-wise 39% FY FY FY FY 47% 2001-02 2011-12 2021-22 53% 2023-24 61% 90% 99% Global + Indi
Slide 17: Key Milestones in Suprajit’s Journey
Key Milestones in Suprajit’s Journey • New plants in Pantnagar, Haridwar and Manesar • 100% EOU for non-automotive cables in Bangalore • Best Enterprise of the State Award by Karnataka State • Twin Awards by CNBC/ICICI/CRISIL- SME of the Year & Auto Ancillary of the year • Two new cable plants in •
Slide 18: Environment & Social Initiatives
Environment & Social Initiatives Cancer screening camps at Suprajit Foundation (SF) sponsoring scholarships for Doddaballapur, Bangalore SF established an early childhood daycare centre students in rural areas for education beyond SSLC for the construction workers’ children Solar Panel Projects cont
Slide 19: Suprajit Strength
Suprajit Strength Global Top 3 in both control cables and halogen bulbs manufacturing. Close to OEMs globally with flexible cost supply chain based on OEM needs – ideal for OEM Global Platforms. Excellent customer rapport with strong localized supply chain. Proprietary class `B’ items, givin
Slide 20: Awards and Recognitions
Awards and Recognitions Recent Recognitions Customer Awards and Recognitions BMW India – Best Delivery Performance. Maruti Suzuki – Green Supplier Status Award. TVS Motors – Best Supplier of the Year Award. Volkswagen – ‘A’ Grade Supplier Quality Performance Award. Mahindra MSES and SBCB A
Slide 21: Suprajit Update Acquisition of SCS
Suprajit Update Acquisition of SCS 20
Slide 22: Acquisition of SCS
Acquisition of SCS Announced the acquisition of the business of Stahlschmidt Cable Systems (SCS) that includes: Asset/Equity purchases in Germany, Canada, China, Poland and Morocco Poland already relocated to Morocco and will be shut down – except key support team to Morocco Acquisition will bring 5
Slide 23: Suprajit | A Global Leader
Suprajit | A Global Leader Segment Split Geography Split Automotive 16% 14% 22% Global + India Export 2-wheeler FY 41% India Aftermarket FY 2023-24 19% 2023-24 Non-Automotive 14% SCS (Global + China Export) SCS (Mostly Automotive) 45% 29% Suprajit emerges with significant supply to global Automotive
Slide 24: Ideal Global Footprint for our Global Customers
Ideal Global Footprint for our Global Customers Customer Production and Available Suprajit Location Europe OEMs North America OEMs Complex, A-Surface parts, Low Supply Sales & Engineering UK Germany Detroit, USA Chain Risk, Low Visibility on Volume Distribution UK Slovenia Germany Brownsville, USA O
Slide 25: SCS adds to our Global Customer Base
SCS adds to our Global Customer Base Major Shared Customers New Customers Majorly from SCS Other Industrial Customers * This list is not exhaustive. All names, images and logos are copyright of their respective owners.
Slide 26: Thank You
Thank You investors@suprajit.com
Slide 27: Building for Tomorrow
Global Scale Local Focus Technology Driven Building for Tomorrow “Develop in India - Disrupt Globally” 17 October 2024
Slide 28: Suprajit Strengths
Suprajit Strengths Technology Driven: In-house developed technologies and patents Own Technology allows us to “deploy anywhere” Global technology exposure – global leading act Innovating for an Electric future - Multiple EV focused products Local Focus: Manufacturing On-Shore, Near Shore, Far Shore
Slide 29: Technology Driven: Cables to Beyond Cables
Technology Driven: Cables to Beyond Cables Working towards premium products and becoming a system provider
Slide 30: Local Focus: Close and Flexible to Customer Needs
Local Focus: Close and Flexible to Customer Needs Customer Production and Available Suprajit Location India / OEM Production Europe North America South America China APAC / Japan South Asia Sales, Engineering, UK, Slovenia, USA Testing, Warehousing Germany, Lux On Shore India Hungary USA China Near
Slide 31: Global Scale | Build Technology for ALL Customers ALL Geographies
Global Scale | Build Technology for ALL Customers ALL Geographies 40+ PV OEMs and Tier 1s 10+ 2W https://encrypted-tbn1.gstatic.com/images?q=tbn:ANd9GcR2KaxiW3asC1TOSyQvBNpX6aeR5psNrttdU4SxpghLvD9t2pRNdMqJkzg OEMs and Tier 1s 20+ OFH OEMs and Tier 1s 15+ Lighting Tier 1s * This list is not exhaustiv
Slide 32: Technology Driven Roadmap
Technology Driven Roadmap 6
Slide 33: Building Powertrain Agnostic Technology from Scratch
Building Powertrain Agnostic Technology from Scratch INNOVATE IN DISRUPT INDIA GLOBALLY Develop Setup Ideate Develop Propose OEM Final Testing & Produce & Grow with OEMs and iterate POC to approves Launch Product Productio Stabilize Globally and Users POC OEM POC with OEM n Facility 1-2 Years 2-3 Ye
Slide 34: Actuator Product Line
Actuator Product Line Customer Focus: 2W OFH PV T1 Reason: Premiumisation / Disruption / Electrification Product Range: Industry 2W OFH PV / T1 PKB/Hood/Other Development Launched Market Leader Seeder Gearbox Steering Lock Actuator Charging Gun/Lid Actuators Headrest/Armrest Cable Actuators Seat tum
Slide 35: Electronics Product Line
Electronics Product Line Customer Focus: 2W OFH T1 Reason: Premiumisation / Disruption / Electrification Product Range: Industry 2W OFH PV T1 Analog Clusters Development Launched Market Leader Semi-Digital Clusters Digital Clusters Seat Actuator Electronics Electronic Throttle (Hand/Foot) Opportunit
Slide 36: Braking Product Line
Braking Product Line Customer Focus: 2W OFH Reason: Forward Integration/Consolidation Product Range: Industry 2W OFH Drum Brake Development Launched Market Leader Disc Brake Friction (Brake Pad/Shoe) CBS Levers (Hand/Parking Brake) Brake Cables Opportunity: • No End to End (Lever to Friction) suppli
Slide 37: Building for Tomorrow
Building for Tomorrow Technology Driven: Focusing on Power Train Agnostic Technologies Building Products that Scale across segments and Geographies Technology and Patents developed and owned by Suprajit – freedom to disrupt globally Local Focus: Trust and Speed with Teams and infrastructure close to
Slide 38: Thank You
G Suprajit Thank You
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