Bharat Forge Ltd · NSE:BHARATFORG
Bharat Forge — Q2 FY2022 Earnings Presentation
15 slides from Bharat Forge's earnings presentation
Slide 1: Bharat Forge Ltd Analyst Update – Q2FY22
BHARAT FORGE LTD ANALYST UPDATE – Q2FY22
Slide 2: Analyst Update- Q2FY22 Results
Analyst Update- Q2FY22 Results MANAGEMENT COMMENTS BFL 3 Month Report “During Q2 FY22, demand continued to remain robust across most of our end markets. Total revenue grew to Rs 16,066 STANDALONE HIGHLIGHTS million driven by a sharp pick up in domestic market. However, latter part of the quarter was
Slide 3: Standalone Financial Highlights Q2 FY22
Standalone Financial Highlights Q2 FY22 REVENUE MANAGEMENT COMMENTS 16,066 13,718 8,815 • Total revenues in Q2 FY22 at Rs 16,066 million grew by 17.1% as STANDALONE HIGHLIGHTS compared to the previous quarter supported by 40.3% jump in domestic revenues to Rs 6,197 million. INDIA BUSINESS Q2 FY22 Q1
Slide 4: Review of India Business
Review of India Business Commercial Vehicles MANAGEMENT COMMENTS Automotive Business: If the performance of the automotive industry in Q1 FY22 was 1,659 adversely impacted by 2nd wave Covid lockdown, semiconductor chip shortage has 1,271 disrupted the momentum in Q2 FY22, especially in the Passenger
Slide 5: Review of International Business
Review of International Business Commercial Vehicles MANAGEMENT COMMENTS 4,780 4,538 Automotive Business: The recovery in the trucking industry has been temporarily disrupted due to semiconductor shortage & logistics related issues. The impact was 1,648 visible on the quarterly builds in the NA clas
Slide 6: Review of International Business
Review of International Business Rs. Million MANAGEMENT COMMENTS PARTICULARS Q2FY22 Q1FY22 Q2FY21 STANDALONE HIGHLIGHTS Americas 6,793 6,247 2,791 INDIA BUSINESS Europe 2,545 2,645 1,502 INTERNATIONAL BUSINESS Asia Pacific 199 265 330 CONSOLIDATED HIGHLIGHTS Total 9,537 9,156 4,623 FINANCIAL ANNEXUR
Slide 7: Consolidated Financial Highlights Q2 FY22
Consolidated Financial Highlights Q2 FY22 REVENUE MANAGEMENT COMMENTS 23,856 21,077 13,761 Rs. Million STANDALONE HIGHLIGHTS Particulars September 30,2021 March 31, 2021 INDIA BUSINESS Q2 FY22 Q1 FY22 Q2 FY21 Long Term Debt 24,935 26,328 EBITDA WC & Bill Discounting 29,100 23,626 INTERNATIONAL BUSIN
Slide 8: Financial Annexures
FINANCIAL ANNEXURES fF. BHARAT FORGE |
Slide 9: Standalone P&L Highlights Q2 FY22
Standalone P&L Highlights Q2 FY22 Rs. Million MANAGEMENT COMMENTS STANDALONE FINANCIALS Q2FY22 Q1FY22 QoQ% Q2FY21 YoY% Shipment Tonnage 57,094 53,512 6.7% 40,775 40.0% STANDALONE HIGHLIGHTS Domestic Revenue 6,197 4,418 40.3% 4,036 53.5% Export Revenue 9,537 9,156 4.2% 4,623 106.3% INDIA BUSINESS Oth
Slide 10: Standalone Balance Sheet Highlights as on Q2FY22
Standalone Balance Sheet Highlights as on Q2FY22 Rs. Million MANAGEMENT COMMENTS Particulars (Standalone) September 30,2021 March 31, 2021 STANDALONE HIGHLIGHTS Long Term Debt 19,621 20,643 Working Capital & Bill Discounting 18,856 15,567 INDIA BUSINESS Equity 64,077 59,486 INTERNATIONAL BUSINESS Ca
Slide 11: Consolidated P&L Highlights Q2 FY22
Consolidated P&L Highlights Q2 FY22 Rs. Million MANAGEMENT COMMENTS CONSOLIDATED FINANCIALS Q2FY22 Q1FY22 QoQ% Q2FY21 YoY% Total Revenue 23,856 21,077 13.2% 13,761 73.4% STANDALONE HIGHLIGHTS EBITDA 4,767 4,546 4.9% 1,655 188.0% EBITDA % 20.0% 21.6% 12.0% INDIA BUSINESS PBT 3,187 2,785 14.4% 325 880
Slide 12: Overseas Operations & Subsidiary Financials
Overseas Operations & Subsidiary Financials Rs. Million MANAGEMENT COMMENTS Overseas Manufacturing Operations April-Jun 2021 Jan-Mar 2021 April-Jun 2020 Total Revenue 8,533 8,099 3,493 STANDALONE HIGHLIGHTS EBITDA 925 951 (334) EBITDA % 10.8% 11.7% (9.5)% INDIA BUSINESS PBT Before Exchange Gain/(Los
Slide 13: Overseas Operations & Subsidiary Financials
Overseas Operations & Subsidiary Financials Rs. Million MANAGEMENT COMMENTS Indian Subsidiaries Jul-Sep 2021 April-Jun 2021 Jul-Sep 2020 Total Revenue 373 127 178 STANDALONE HIGHLIGHTS EBITDA (14) (24) (15) PBT Before Exchange Gain/(Loss) (51) (46) (33) INDIA BUSINESS INTERNATIONAL BUSINESS BFL + BI
Slide 14: Disclaimer
DISCLAMER 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 statement
Slide 15: Thank You
THANK YOU Bharat Forge Ltd Rajhagopalan S Tel: +91 98601 44866 Email: SRajhagopalan@bharatforge.com S-Ancial Technologies Pvt Ltd Vijay Gyanchandani / Vishal Mehta Tel: +91 96194 38448 / +91 93264 78472 Email: vijay@s-ancial.com vishal@s-ancial.com