Slide 1: Investor Presentation August 2017
INVESTOR PRESENTATION August 2017 | Bharat Forge Ltd. | Pune MAKING IN INDIA FOR THE WORLD
Slide 2: Bharat Forge Limited - A Global Industrial Conglomerate
Bharat Forge Limited - A Global Industrial Conglomerate BHARAT FORGE: PROFILE GLOBAL FORGING CONGLOMERATE • Consolidated Revenues: ~ US$ 1 Bn Geography Capacity (TPA) • 10 Manufacturing locations across 5 countries. 403,750 • Global Marquee Customer base of more than 35 OEM’s &Tier- 1 companies acro
Slide 3: Bharat Forge Limited – Key Differentiators
Bharat Forge Limited – Key Differentiators New product development leveraging Technology & Innovation strong in –house R&D capabilities Develop critical components with shortest lead time Development partners Relationship Leveraging relationship to expand Key in to new sectors Differentiators Strong
Slide 4: Transformational Shifts around three Success Levers
Transformational Shifts around three Success Levers 1. From ‘Muscle Power’ to ‘Brain Power’ PEOPLE 2. Creating a ‘Knowledge Workforce’ 3. Modernizing ‘Technology & Operations’ TECHNO- 4. From a ‘Generic Supplier’ to a ‘Partner of LOGY Choice’ ENGINEERING 5. From an ‘Indian Company’ to a ‘Global & Co
Slide 5: Q1 FY 2018: Continuation of the recovery
Q1 FY 2018 : Continuation of the recovery • Export Markets - Strong growth momentum on account of revival in Industrial segment and US Class 8 truck market. • Domestic Markets - Growth in Industrial segment helped to overcome temporary slowdown in M&HCV market demand. Domestic Revenues Export Revenu
Slide 6: Standalone Results – Q1 FY 2018
Standalone Results – Q1 FY 2018 (INR Million) Particulars Q1 FY18 Q1 FY17 % change Shipment Tonnage 55,100 49,098 12.2 Domestic Revenue 5,864 5,492 6.8 Export Revenue 6,714 4,079 64.6 Total Revenue 12,578 9,571 31.4 EBITDA 3,457 2,537 36.3 EBITDA % 27.5% 26.5% PBT before Ex Gain/ (loss) 2,757 1,883
Slide 7: Geographical Breakup - Standalone
Geographical Breakup - Standalone 4% 2% Q1 FY 2018 Q1 FY 2017 16% 18% India India 47% Americas 57% Americas Europe 22% Europe 34% Asia-Pac Asia-Pac Particulars (INR Million) Q1 FY 2018 Q1 FY 2017 % Change India 5,864 5,492 6.8% Americas 4,318 2,149 101.0% Europe 1,952 1,769 10.4% Asia Pacific 443 16
Slide 8: Segmental Breakup - Standalone
Segmental Breakup - Standalone 8% Q1 FY 2018 9% Q1 FY 2017 Commercial Vehicles Commercial Vehicles 44% Industrial Industrial Passenger Vehicles 35% 55% Passenger Vehicles 48% Particulars (INR Million) Q1 FY 2018 Q1 FY 2017 % Change Commercial Vehicles 5,005 4,688 6.8% Industrial 5,412 3,003 80.2% Pa
Slide 9: Performance of International Operations
Performance of International Operations (INR Million) Particulars Apr - Jun Apr - Jun % change 2017 2016 Total Income 6,874 6,318 8.8 EBITDA 506 492 2.9 EBITDA % 7.4% 7.8% PBT 104 101 3.0 • Growth in revenues out performed the growth in the underlying markets on account of increased customer penetra
Slide 10: Increasing resilience in every trough
Increasing resilience in every trough FY 2017 FY 2017 FY 2013 28.5% FY 2013 FY 2009 21.6% 23.3% FY 2009 14.2% 21.7% 11.9% EBITDA MARGINS PBT MARGINS FY 2009 4.05 FY 2013 2.55 FY 2017 1.48 DEBT/EBITDA BHARAT FORGE MAKING IN INDIA FOR THE WORLD 10
Slide 11: Asset Light Capex: Changing the Approach
Asset Light Capex: Changing the Approach CUSTOMER PRODUCT CAPEX PEOPLE PRODUCT CAPEX PEOPLE CUSTOMER MAKING IN INDIA FOR THE WORLD 11
Slide 12: Way forward
Way forward ….. De-risk Deleverage Focus on increasing Continue to focus on share of counter- asset light model & cyclical sectors. lean balance sheet. Develop Demonstrate New product development to Focus on assimilation & increase content per equipment. implementation of new New products to lead gr
Slide 13: Disclaimer
Disclaimer This presentation contains certain forward looking statements concerning Bharat Forge’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statemen
Slide 14: Thank You
<* BHARAT FORGE Ww KALYANI THANK YOU