Sintercom India Ltd. · NSE:SINTERCOM
Sintercom India — Investor Presentation (November 2018)
27 slides from Sintercom India's investor presentation, Nov 19, 2018
Slide 1: NSE filing cover letter for Investor Presentation
19th November, 2018 To, NSE Limited, Exchange Plaza, Plot No. C/1, G-Block, Bandra-Kurla Complex, Bandra (E), Mumbai 400 051 Symbol: SINTERCOM Sub: Investor Presentation Dear Sir/ Madam, Please find enclosed herewith updated Investor Presentation with respect to Business profile and Results H1FY19.
Slide 2: www.sintercom.co.in www.miba.com
www.sintercom.co.in Strictly for Private Circulation www.miba.com
Slide 3: Disclaimer / Important Disclosure
DISCLAIMER / IMPORTANT DISCLOSURE THIS PRESENTATION (PRESENTATION) IS NOT AN OFFER TO SELL ANY SECURITIES OR A SOLICITATION TO BUY ANY SECURITIES OF SINTERCOM INDIA LIMITED OR ITS SUBSIDIARIES OR JOINT VENTURES (TOGETHER, THE “COMPANY”). The material that follows is a Presentation of general backgro
Slide 4: Key Milestones
SINTERCOM KEY MILESTONES Company History Establishment of Start of manu- JV with MIBA Company name Start of supply to Appreciation from Appreciation from Initiated process Company listed Maxtech India facturing at TS Sinter Austria changed to Maruti Suzuki India Maruti Suzuki Bajaj Auto Ltd. for for
Slide 5: Members of Board
SINTERCOM MEMBERS OF BOARD Hari Nair Harald Neubert Jignesh Raval Preeti Ramdasi Madan Godse Chairman – SIL Board of Director-SIL Board of Director– SIL Independent Director Independent Director Madan Godse, is on the board of our Member of Board active since Member of Board active since 2011 Member
Slide 6: Management Team
SINTERCOM MANAGEMENT TEAM Jignesh Raval Pankaj Bhatawadekar Nikhil Chavan Sachin Gunjal Managing Director (CEO)– SIPL Chief Financial Officer Head- Engineering & Marketing Head- Manufacturing Managing Director Joined SIL in 2009 Joined SIL in 2007 Joined SIL in 2008 since 2007 Certified Chartered De
Slide 7: Technology
SINTERCOM TECHNOLOGY www.sintercom.co.in Strictly for Private Circulation www.miba.com
Slide 8: Optimization of Performance
OPTIMIZATION OF PERFORMANCE Tensile Strength [MPa] 2400 16 MnCr 5 E (Surface) – 61 HRC Miba High-Performance Processes Carburized 16 MnCr 5 E (Core) – 44 HRC Forged Steels 1300 30 CrMoV9V 50 CrV4V 1000 41 Cr4V 700 St 70, Ck 45V 400 St 37 100 100 200 300 400 500 600 700 Alternate Bending Fatigue [MPa
Slide 9: Sintering Technology Process
SINTERING TECHNOLOGY • Powder metal is compacted into net shape using die toolings Conventional • Compacted components are then sintered into furnaces at high temperatures below melting point in a Sintering phase wise manner • Upto 90% dense symmetric components can be produced PROCESS • Powder meta
Slide 10: Sintering – Green Manufacturing
SINTERING – GREEN MANUFACTURING Responsible Use of Resources Metal Powder Raw Material Intensity (produced out of recycled 1,04 kg Raw Material/kg Product steel scrap) 2,3 kg Water/kg Product Lean P/M Prozessing Evironmentally friendly Low Water Products Consumption 0,11 kg Waste/kg Product 3,8 kWh/
Slide 11: History – Miba Sinter Group
HISTORY – MIBA SINTER GROUP 2016 2017 Servo Synchronisation Mahle Miba becomes 100% Miba 2015 2014 2013 2011 Termination of beeing on the Decoupled Mass Balancer J/V Sintercom India – Miba Expansions (Pune, India) stock market Gears 2006 2007 2010 Dog Rings Production Start Miba Precision Components
Slide 12: Miba Group – Overview
MIBA GROUP – Overview Asia: 15% 887.6 EUR 133 EUR MN 23 Sites million Revenue Globally 80.40 13% EUR MN Americas: 17% Investments 18% EUR 151 million 69% 4.50 Europe: 68% 6860 Research EUR 604 Employees Ratio million Europe Americas Asia www.sintercom.co.in Strictly for Private Circulation www.miba.
Slide 13: Miba Group – Revenue by Division
MIBA GROUP – REVENUE BY DIVISION Total: Other: 6.9% EUR 888 million Power electronics: 7.1% EUR 61 million EUR 63 million 7% Friction: 20% EUR 177 million 19% Sinter: 43% EUR 383 million 41% 30% Bearing: 23% EUR 204 million www.sintercom.co.in Strictly for Private Circulation www.miba.com
Slide 14: Sintercom – Customers
SINTERCOM – CUSTOMERS O E M T I E R 1 www.sintercom.co.in Strictly for Private Circulation www.miba.com
Slide 15: Top Vehicles by Sales in Passenger and Utility Vehicle Segments
TOP VEHICLES BY SALES IN PASSENGER AND UTILITY VEHICLE SEGMENTS Top 10 PVs by Sales – April-September 2019 Sintercom presence Top 10 UVs by Sales – April-September 2019 Source : SIAM Kwid Kwid 32012 32012 WR-V 16323 Tiago Tiago 48102 48102 S Cross 21894 Celerio Celerio 52448 52448 Scorpio 22878 Gran
Slide 16: Technology Roadmap
SINTERCOM TECHNOLOGY ROADMAP SINTERCOM – PIONEER IN PM SINTERING TECHNOLOGY IN INDIA INTRODUCTION OF SINTER HARDENING DEVELOPMENT OF SS HIGH TEMPERATURE TECHNOLOGY IN INDIA COVERSION OF FORGED RINGS SINTERING TO SINTERED – A FIRST IN INDIA COVERSION OF FORGED SPROCKETS TO SINTERED COMPONENTS DEVELOP
Slide 17: Sintercom – Overview
SINTERCOM – OVERVIEW Customer-wise breakdown H1FY19 OEM wise Sourcing Product Mix Dual Sourcing Single Sourcing Diesel Gasoline 8% 7% 20% 30% 30% 45% 48% 100% 100% 100% 93% 92% 80% 7% 70% 70% 55% 52% 11% 30% Maruti Mahindra Bajaj Fiat 2013-14 2014-15 2015-16 2016-17 2017-18 H1FY19 7% Capacity- Compa
Slide 18: Portfolio – Diesel Powertrain
PORTFOLIO – DIESEL POWERTRAIN FLEXIBLE DIESEL SOLUTIONS FOR APPLICATIONS FROM 0.8L TO 2.4L ENGINES 6 Speed 320 400 1.2 L N/m N/M Diesel 1.5 L Diesel 2.0 L CAM GEARS Diesel BELT PULLEYS 2.2 L Diesel SYNCHRO HUBS & 2.4 L Diesel 0.8 L 115 190 RINGS Diesel Sprockets N/M N/M Pulleys 2.0 L 1.3 L 60 200 30
Slide 19: Portfolio – Gasoline Powertrain
PORTFOLIO – GASOLINE POWERTRAIN FLEXIBLE GASOLINE SOLUTIONS FOR APPLICATIONS FROM 0.8L TO 1.5L ENGINES 2W Engine ANTI BACKLASH Gears GEARS 1.2 L BELT PULLEYS Gasoline Sprockets 320 SYNCHRO HUBS & N/m RINGS 6 Speed 1.2 L 1.4 L Gasoline 125 200 Gasoline N/M N/M Bearing Cap 5 Speed Rotor Sensing SHIFT
Slide 20: Portfolio – Electric Powertrain
PORTFOLIO – ELECTRIC POWERTRAIN POWERTRAIN ELECTRIFICATION SOLUTION – CATERING TO FUTURE NEEDS ALTERNATOR ELECTRIC MOTOR MAGNET RINGS ELECTRIC POWER STEERING PARTS PUMP PLANETARY GEARBOX INVERTER ROTORS TURBOCHARGER FOR SMALL ENGINES VEHICLE ELECTRIFICATION FULL ELECTRIC VEHICLE • Conversion of alte
Slide 21: Sintercom – Current Product Range
SINTERCOM – CURRENT PRODUCT RANGE Body Chassis Engine Transmission & Other Sensor SS Boss & OEM Vehicle Platforms Sprockets Gears Pulleys Bearing Caps Synchro Hubs Synchro Rings Shift system system Flanges Eeco P Alto P Celerio P P Wagon-R P Swift P P P Maruti Suzuki Dzire P P P & SMG Ertiga P P P B
Slide 22: Sintercom – Current Product Range
SINTERCOM – CURRENT PRODUCT RANGE Body Chassis Engine Transmission & Other Sensor SS Boss & OEM Vehicle Platforms Sprockets Gears Pulleys Bearing Caps Synchro Hubs Synchro Rings Shift system system Flanges Punto P Linea P Jeep Fiat India Compass P P Tata Zest P Tata Tiago P Tata Bolt P i10 P P Hyund
Slide 23: Sintercom – New Product Pipeline
SINTERCOM – NEW PRODUCT PIPELINE Product roadmap Strong new product pipeline with multiple key upcoming introductions Engine 2016 2017 2018 2019 2020 2021 D15; 1.5 Lt Engine ; Sprockets T1 T2 PPAP SOP Started K12C Rotor Sensing T1 T2 PPAP SOP Q2/2018 2-wheeler Starter Gear T1 T2 PPAP SOP Q3/2018 U2
Slide 24: India Emission Reduction Roadmap
INDIA EMISSION REDUCTION ROADMAP BS-IV to BS-VI by 2020 4-W PASSENGER VEHICLES CO HC NOx PM NVH g/km g/km g/km g/km dB BS-III 2.3 - 0.5 0.1 80 BS-IV 1 - 0.25 0.025 75 BS-VI 0.5 0.1 0.08 0.0045 72* 2-W & 3-W VEHICLES CO HC NOx PM NVH g/km g/km g/km g/km dB BS-III 1.87-2.62 - 1-1.25 - 77 BS-IV 1.48-1.
Slide 25: SIL Financial Performance – Graphs
SIL FINANCIAL PERFORMANCE – GRAPHS SALES EBITDA Sales Sintered Sales - SS Hego Boss 1,799.22 7,487.27 1,561.14 6,324.73 1,451.61 5,869.92 4,264.69 4,230.00 962.30 878.61 936.29 3,216.13 1,408.43 679.80 463.60 275.78 - 2013/14 2014/15 2015/16 2016/17 2017/18 H1 FY 1 9 2013/14 2014/15 2015/16 2016/17
Slide 26: SIL Financial Performance – Graphs
SIL FINANCIAL PERFORMANCE – GRAPHS ROCE Net Worth (Rs. Lakhs) 14% 13% 13% 7,814 7,905 11% 11% 10% 3,730 3,743 3,752 3,821 3,984 2013-14 2014-15 2015-16 2016-17 2017-18 H1FY19 * 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 H1FY19 EPS Debt Equity Ratio 2.82 1.13 1.05 1.04 0.99 2.25 0.45 0.40 0.85 0
Slide 27: Sintercom India Limited
Sintercom India Limited Gat No. 127, At Post Mangrul, Taluka Maval, Talegaon Dabhade, Pune – 410 507, Maharashtra, India CIN: L29299PN2007PLC129627 www.sintercom.co.in Strictly for Private Circulation www.miba.com
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