Schaeffler India Ltd · NSE:SCHAEFFLER
Schaeffler India — Shareholder Meeting (April 2023)
27 slides from Schaeffler India's shareholder meeting presentation, Apr 20, 2023
Slide 1: Filing cover letter to stock exchanges
Schaeffler India Limited · Pune · Maharashtra BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C – 1, Block G, Dalal Street, Bandra-Kurla Complex, Bandra (E), Mumbai-400001 Mumbai-400051 Company Code: 505790 Company Code: SCHAEFFLER Sub: Presentation ma
Slide 2: Schaeffler India Limited 60th Annual General Meeting
Schaeffler India Limited 60th Annual General Meeting April 18, 2023 Harsha Kadam Managing Director PUBLIC
Slide 3: Our robust foundation
Our robust foundation Over six decades of Balanced business FAG, INA, LUK, presence in India, ‘One portfolio between REPEXPERT, TruPower Schaeffler India’ entity Industrial and Renowned product in 2018, leveraging Automotive divisions brands with prominent synergies Diverse high-precision positionin
Slide 4: Leading ahead
Leading ahead INR mn Revenue Localization Ratio 2022 68,674 2022 75% 51% 600 Revenue bps 2018 45,615 Growth 2018 69% Improvement EBITDA Margins Employees 2022 19.0% 2022 3,190 72% 37% EBITDA Efficiency 2018 16.6% Growth 2018 2,897 Improvement2) INR mn Dividend Payout ROCE 2022 3,751 2022 27.4% 300%
Slide 5: Our footprint and pan India presence
Our footprint and pan India presence 4 Manufacturing Plants 8 Sales Offices 3 33,000+ R&D Centers Retail Network 330 Distribution and channel partners 5 Strategically located CDCs1) 18th April, 2023 60th Annual General Meeting | Schaeffler India Limited 4 1) CDCs – Central Distribution Centers PUBLI
Slide 6: De-risked business model
De-risked business model REVENUE BREAK-UP % to sales AUTOMOTIVE TECHNOLOGIES AUTOMOTIVE AFTERMARKET INDUSTRIAL 1) Exports 17% Domestic Groundbreaking solutions for Intelligent solutions Products and solutions for 83% various drive concepts for complex repairs the industry of the future INR 27,065 mn
Slide 7: Board of Directors | Emphasis on best-in-class corporate governance
Board of Directors - Emphasis on best-in-class corporate governance Board of Directors | Emphasis on best-in-class corporate governance AC RMC NRC AC NRC SRC AC CSR NRC AC NRC CSR NRC RMC 45% Independent Directors Eranti Sumithasri Renu Challu Arvind Balaji Amit Kalyani Dharmesh Arora Chairperson In
Slide 8: Executive Leadership Team
Executive Leadership Team - Our management principles, a hallmark for collaboration Connect for success Take on Empower responsibility your team TRANSPARENCY Harsha Kadam Satish Patel Sameer Mathur Santanu Ghoshal Managing Director & CEO, Director – Finance & Chief Operating Officer Vice President P
Slide 9: What sets us apart – Distinctive strengths
What sets us apart – Distinctive strengths across 1 2 3 4 Customer Quality and Innovations People Centricity high-precision Strong customer Robust manufacturing Strength in innovation Making a relationships difference together • Comprehensive • Ability to introduce • Strong parentage • Competence, a
Slide 10: Our trajectory of business wins, progress on e-mobility transition
Our trajectory of business wins, progress on e-mobility transition AUTOMOTIVE AUTOMOTIVE TECHNOLOGY AFTERMARKET INDUSTRIAL Book to Bill Ratio at 1.3 25 years of presence in India Innovation across systems and services E-Mobility and Hybrid business Product range expansion continues Schaeffler Lifeti
Slide 11: Recognitions for our strengths
Recognitions for our strengths Timely development and Best Performing Supplier organization of Award for delivery and steep ramp-up supplies quality Silver Category Award ‘Best in class quality and Quality for delivery and delivery performance in development 2022’ Consistent performance and ‘Partner
Slide 12: Extending brand reach to our stakeholders
Extending brand reach to our stakeholders Powers Puneri Paltan for the 9th Season of Pro Kabaddi League BUILDING A STRONG BRAND Schaeffler India as first title sponsor 18th April, 2023 60th Annual General Meeting | Schaeffler India Limited for 2023-24 season 11 PUBLIC
Slide 13: CY 2022 - Sustained performance with strong quality of earnings
CY 2022 - Sustained performance with strong quality of earnings Prioritizing customer needs, customer centricity key to our success Performance: on track, Strengthening navigating through a localization, exports an challenging geopolitical important part of our environment strategy Commitment to Str
Slide 14: Revenue from operations - Growth momentum continues
Revenue from operations - Growth momentum continues Revenue from operations Robust y-o-y growth across our businesses (mn INR) Domestic Exports 1) 23.5% Automotive Technologies 23.8% 11,427 7,160 4,808 4,877 Automotive Aftermarket 18.3% 4,190 57,247 48,445 40,807 38,729 33,429 Industrial 12.4% 2018
Slide 15: EBITDA and Profit after Tax – Strong earnings quality
EBITDA and Profit after Tax – Strong earnings quality EBITDA 1) Profit after Tax (mn INR) (mn INR) 31.4% 39.8% 13,076 8,792 9,950 7,585 6,291 6,461 5,402 4,198 3,676 2,910 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022 16.6% 14.8% 14.4% 17.9% 19.0% 9.2% 8.4% 7.7% 11.3% 12.8% % to revenue % to rev
Slide 16: Creating value for our shareholders
Creating value for our shareholders Target dividend payout ratio Stock Returns 30% to 50% of net income1) ~2x growth as compared to Sensex Dividend per share (INR) 2) 4-year stock returns 141% 50% Schaeffler India Limited BSE Sensex 4-year stock returns 24 141% 3,751 mn INR 16 Dividend Pay-out 2022
Slide 17: Our Sustainability roadmap
Our Sustainability roadmap, long-term commitment with focus on short term goals Energy efficiency Renewable energy 4 GWH cumulated annual efficiency gains until 100% purchased power from renewable sources CY19 2024 until 2024 Base Year CY30 Climate-neutral supply chain Employee safety Climate-neutra
Slide 18: Commitment to a greener future, our progress in 2022
Commitment to a greener future, our progress in 2022 5.5% ~28,000 m3 82% Reduction in Scope 1 emissions Water conservation realized Waste recycled Progress on our goals .. Energy efficiency Renewable energy Progressing towards carbon Effective water Reducing and Freshwater supply neutrality manageme
Slide 19: Fostering prosperous communities
Fostering prosperous communities H O Healthcare Occupational Skills for better employability Social INR 16.2 mn INR 23.1 mn Innovator Spend Spend Fellowship Financial Mentorship India network & Program aid program, CIIE partners 97,351 957 Lives Impacted Lives Impacted 700 Hours 116 Employees across
Slide 20: Our approach towards employee well-being
Our approach towards employee well-being Health and Safety Growing and Diversity and Inclusion Raising Awareness developing our people Safety is our top priority, Invest in our people – building Creating an inclusive workplace Raising awareness of the sensitivity dedicated to fostering a technical a
Slide 21: Governance that creates value
Governance that creates value Our Governance Structure Leadership position continues Achieving excellence in corporate governance Schaeffler Leadership (>=75) India Good (60 - 74) Fair (50 - 59) Basic (<50) 1) The score is determined based on the revised Indian Corporate Governance Scorecard Methodo
Slide 22: Recognitions in our ESG Journey
Recognitions in our ESG Journey Dun & Bradstreet ESG Excellence Award Bureau of India Standards Award Governance award category ‘Corporate Contribution to standardization work in field of Behaviors’ rolling contact bearings Special Commendation Award by The CSR Impact Award at the India CSR Journal
Slide 23: Strategic priorities to accelerate growth
Strategic priorities to accelerate growth Building Strengthening Leveraging global Competence in capacities for the Localization e-mobility emerging future solutions technology INR 15,000 mn ~80% E-mobility Evolving Investment over 3 years Localization ratio over 3 years New Business Wins Eco-system
Slide 24: Q1CY23 Performance - Continued focus, margins sustained
Q1CY23 Performance - Continued focus, margins sustained Revenue from operations (mn INR) Q1CY23 Sales Mix Profit before tax2) (mn INR) 2022 2022 2023 2023 Avg 2022 Avg 2022 1) Export 16% 3,096 AutoTech 17,947 43% 17,488 17,564 16,936 2,941 17,169 Industrial 2,896 32% 2,905 15,675 2,857 AAM 2,772 9%
Slide 25: In Summary
In summary In Summary Well positioned for execution, leveraging the competitive Having made significant advantage across our businesses progress on our strategic priorities, remain committed to ensure Focus on operational efficiencies continues continued success Emphasis on consistent capital deploy
Slide 26: Plant visit for shareholders
Plant Visit In Summary Plant visit for shareholders will be scheduled in Q4 CY2023 18th April, 2023 60th Annual General Meeting | Schaeffler India Limited 25 PUBLIC
Slide 27: We pioneer motion
We pioneer motion