Slide 1: Exchange filing letter: Results Earnings Call Q1 FY24
July 25, 2023 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Bandra (East), Mumbai 400 001 Mumbai 400 051 Security Code: 500878 Symbol: CEATLTD NCD Symbol: CL23, CL25, CL26 CP Listed ISIN: INE482A14BQ9, INE482A14BS5
Slide 2: Q1 FY24 Investor Presentation
Q1 FY24 | Investor Presentation | 25th July 2023
Slide 3: Disclaimer
Disclaimer This presentation may include statements which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures,
Slide 4: Section 1: RPG Group and CEAT Overview
Section 1: RPG Group and CEAT Overview Section 1: RPG Group Overview
Slide 5: RPG Group: Powered by Passion, Driven by Ethics
RPG Group: Powered by Passion, Driven by Ethics UNLEASHTALENT RPG Enterprises was founded in 1979. The group currently operates various businesses in Infrastructure, Technology, Life Sciences, Plantations and Tyre industries . The group has business TOUCHLIVES history dating back to 1820 in banking,
Slide 6: CEAT Overview
CEAT Overview 55,000+ touchpoints 1st Lighthouse recognised tyre facility globally Highest brand connect with “grip” 140+ Deming and “safety” Patent filings prize winner Rs. 11,315 cr 8.7% 50+ OEM relationships revenue (FY23) EBITDA (FY23) 8,000+ 0.6x AA Permanent employees debt to equity credit rat
Slide 7: Section 2: Q1 FY24 Performance
Section 2: Q1 FY24 Performance Section 1: RPG Group Overview
Slide 8: Consolidated Financial Performance (1/2)
Consolidated Financial Performance (1/2) Revenue Rs. 2,935 Cr, +2.1% QoQ, +4.1% YoY Diversified Product Mix 1 Rs. Cr Truck & Bus PC/UV LCV 2,935 2,875 2,818 2/3W Off Highway 30% (30%) 20% (18%) 8% (9%) Q1 FY24 Q4 FY23 Q1 FY23 26% (28%) 16% (15%) • Healthy QoQ volume growth in replacement driven by s
Slide 9: Consolidated Financial Performance (2/2)
Consolidated Financial Performance (2/2) EBITDA margin 13.1%, +4 bps QoQ, +703 bps YoY Debt Rs. 1,989 Cr, D/E 0.6x, Debt/EBITDA 1.7x EBITDA Margin Debt Rs. Cr 13.1% 13.1% 2,093 2,139 1,989 6.1% Q1 FY24 Q4 FY23 Q1 FY23 Q1 FY24 Q4 FY23 Q1 FY23 • RM basket cost reduced ~1.5% over Q4, resulting in • Cap
Slide 10: Operational Highlights
Operational Highlights Continued Association with IPL as Title Sponsor of Endura Tracks and Recognized at ET Sustainable Strategic Timeout Partner Indian Super Cross Racing League Organisations 2023 9
Slide 11: Consolidated: Summary P&L
Consolidated: Summary P&L All figures in Rs. Cr Parameter Q1 FY24 Q4 FY23 Q1 FY23 QoQ YoY Net Revenue from operations 2,935.2 2,874.8 2,818.4 2.1% 4.1% Raw Material 1,729.6 1,721.9 1,925.0 0.4% -10.2% Gross margin 1,205.6 1,152.9 893.4 4.6% 34.9% Gross margin % 41.1% 40.1% 31.7% 97 bps 938 bps Emplo
Slide 12: Standalone: Summary P&L
Standalone: Summary P&L All figures in Rs. Cr Parameter Q1 FY24 Q4 FY23 Q1 FY23 QoQ YoY Net Revenue from operations 2,921.2 2,862.7 2,803.1 2.0% 4.2% Raw Material 1,721.6 1,714.7 1,916.5 0.4% -10.2% Gross margin 1,199.6 1,148.1 886.6 4.5% 35.3% Gross margin % 41.1% 40.1% 31.6% 96 bps 944 bps Employe
Slide 13: Section 3: ESG Highlights
Section 3: ESG Highlights ORPG cat
Slide 14: ESG Highlights
ESG Highlights Sustainability Vision: Reduce carbon footprint by 50% by 2030 Key Social Initiatives ~9% reduction in overall tCO2e per MT of production 1 500+ farmers trained in organic and regenerative cultivation 2 ~36% plant power through renewable sources 3 Prepared and distributed 29,000+ seed
Slide 15: ORPG
ORPG GOO0G6 000