Schaeffler India Ltd · NSE:SCHAEFFLER
Schaeffler India — Q3 2024 Earnings Presentation
17 slides from Schaeffler India's earnings presentation, Oct 24, 2024
Slide 1: Schaeffler India Limited Investor Presentation
Schaeffler India Limited Investor Presentation October 24, 2024 Copyright Schaeffler AP, 2024 – All rights reserved. |
Slide 2: Q3 2024 Awards and Accolades
Q3 2024 Awards and Accolades Zero PPM Award 2023 Sustainability in Outstanding Excellence in CSR & Top 30 Supply Chain Operations Performance and ESG Leadership Champions Support 10/24/2024 Schaeffler India Limited | Q3CY24 Investor Presentation Copyright Schaeffler AP, 2024 – All rights reserved. |
Slide 3: Economy and Industry; Business Highlights; Financial Highlights
1 Economy and Industry 2 Business Highlights - Q3 and 9M 2024 3 Financial Highlights - Q3 and 9M 2024
Slide 4: Economy
E CEOCNOONMO YM A 1 Y NADN D I N IDNUDSUT SR TY R Y Economy GDP 1) 3) IIP 1) 3) Key Aspects 8.2 8.6 8.1 7.8 • Q3 GDP growth estimated at 7% by RBI 6.7 7.0 6.2 7.3 based on fundamental drivers 6.0 5.1 5.2 4.7 4.1 4.4 • IIP growth in 2024 mainly due to healthy run of the manufacturing -0.1 sector • Yo
Slide 5: Core Sector Performance
E CEOCNOONMO YM A 1 Y NADN D I N IDNUDSUT SR TY R Y Core Sector Performance 2023 2024 YTD CY2024 Growth 3.3% 7.8% Cement Production (mn tn) Steel Production (mn tn) Key Aspects Core industry growth for YTD CY’24 14 41 37 13 13 13 14 13 13 13 registered at 5.1% compared to 7.7% 36 37 38 13 13 12 12 1
Slide 6: Automotive Sector Performance
E CEOCNOONMO YM A 1 Y NADN D I N IDNUDSUT SR TY R Y Automotive Sector Performance 2023 2024 YTD CY2024 Growth 18.5% 5.4% Two and three wheelers (mn units)1) Passenger Vehicles (th units)2) Key Aspects 471 2.4 438 433 444 434 2.2 425 2.0 2.1 2.0 2.0 2.02.1 2.1 381 406 403 390419 381 442 420 421 419 4
Slide 7: Business Highlights - Q3 and 9M 2024
1 Economy and Industry 2 Business Highlights - Q3 and 9M 2024 3 Financial Highlights - Q3 and 9M 2024
Slide 8: Q3 2024 Performance
B UBSUI SN IENS ES S H 2 S I HG IHGLHI LG IHGTHS T –S Q - 1Q 3A NA DN D3 M9 M2 022042 4 Q3 2024 Performance Key messages Sales EBITDA Revenue performance sustained – domestic business 12.1% vs Q3’23 18.5% Q3’24 1 growth at 2.6% QoQ 0.04% vs Q2’24 18.6% Q2’24 2 Quality of earnings maintained – contin
Slide 9: Business Developments
B UBSUI SN IENS ES S H 2 S I HG IHGLHI LG IHGTHS T –S Q - 1Q 3A NA DN D3 M9 M2 022042 4 Business Developments Automotive Technologies Vehicle Lifetime Solutions Bearings and Industrial Solutions Reliability and emission reduction Increased market coverage Precision and Efficiency Continued business
Slide 10: Financial Highlights - Q3 and 9M 2024
1 Economy and Industry 2 Business Highlights - Q3 and 9M 2024 3 Financial Highlights - Q3 and 9M 2024
Slide 11: Revenue from operations
B UF SI INNAENS CS I A 3 H LI GHHI LGI HG LHI TGSH T – S Q -1 QA 3N D A N3DM 92M0 2240 2 4 Revenue from operations Total Revenue Key Aspects 2023 2024 mn INR • YoY growth continued for domestic businesses, up 11.5% 20,719 20,728 • QoQ growth moderated owing to challenging automotive market 16,936 18
Slide 12: Earnings Quality
B UF SI INNAENS CS I A 3 H LI GHHI LGI HG LHI TGSH T – S Q -1 QA 3N D A N3DM 92M0 2240 2 4 Earnings Quality EBITDA 1) Key Aspects Margins 2023 2024 mn INR 3,848 3,828 3,388 3,480 3,490 3,328 • YoY margins moderated marginally due to increased employee benefit 3,230 and other expenses 18.5% • QoQ mar
Slide 13: Working Capital, Capex
B UF SI INNAENS CS I A 3 H LI GHHI LGI HG LHI TGSH T – S Q -1 QA 3N D A N3DM 92M0 2240 2 4 Working Capital, Capex Working Capital Key Aspects mn INR 2023 2024 • Working Capital and free cash flow generation at improved levels 15,670 15,683 12,955 13,523 13,283 13,076 12,101 • Capex framework – on tr
Slide 14: Performance Indicators
B UF SI INNAENS CS I A 3 H LI GHHI LGI HG LHI TGSH T – S Q -1 QA 3N D A N3DM 92M0 2240 2 4 Performance Indicators Unit Q3 2024 Q2 2024 Q3 2023 9M 2024 9M 2023 Revenue mn INR 20,728 20,719 18,483 59,940 53,711 Revenue growth (YoY) % 12.1% 13.3% 5.2% 11.6% 5.9% Revenue growth (QoQ) % 0.04% 12.0% 1.0%
Slide 15: Q3 2024 - Consolidated Financial Results
3 FINANCIAL HIGHLIGHTS - Q3 AND 9M 2024 Q3 2024 - Consolidated Financial Results Particulars Schaeffler India Limited KRSV Innovative Auto Solutions Schaeffler India Limited (mn INR) Standalone Private Limited Consolidated1) Q3 2024 9M 2024 Q3 2024 9M 2024 Q3 2024 9M 2024 Revenue 20,728 59,939 439 1
Slide 16: In Summary
B UF SI INNAENS CS I A 3 H LI GHHI LGI HG LHI TGSH T – S Q -1 QA 3N D A N3DM 92M0 2240 2 4 In Summary 1 Domestic business continues to aid performance for the quarter Sustained quality of earnings reflects continued focus on cost 2 management On track to build the leading Motion Technology Company I
Slide 17: Disclaimer
3 FINANCIAL HIGHLIGHTS - Q3 AND 9M 2024 Disclaimer The information contained in this presentation is provided by Schaeffler India Limited (“the Company”), to you solely for your reference. This document is being given solely for your information and for your use and may not be retained by you and ne