Balkrishna Industries Limited · NSE:BALKRISIND

Balkrishna Industries — Q1 FY2017 Earnings Presentation

16 slides from Balkrishna Industries's earnings presentation, September 2016

  1. Slide 1: Result Update Presentation September 2016

    Result Update Presentation September 2016

  2. Slide 2: Safe Harbor

    Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Balkrishna Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any

  3. Slide 3: Our Performance

    BK /T GROWING TOGETHER Our Performance

  4. Slide 4: Quarter Snapshot

    Quarter Snapshot Strong Volume Growth Achieved Sales of 41,456 MT (+11% YoY) ,excluding 1,850 MT for Q4FY16 adjusted in current quarter as per IND-AS guidelines Raw Material Stable After an Initial spurt in Raw Material prices in April & May, Rubber Prices have stabilized Entered 2/3 Wheeler Tires A

  5. Slide 5: Financial Snapshot (as per IND-AS)

    Financial Snapshot (as per IND-AS) +11%* Achieved 11% Volume Growth 28% EBITDA margin at 28% for Q1FY17 24% Cash PAT margin at 24.4%. Increased Cash & Cash equivalents to be utilized towards Debt repayment & increased Dividend payouts FY17 Volume Guidance at 160,000MT – 170,000 MT * Excludes 1,850 M

  6. Slide 6: Financial Highlights – Q1FY17 (as per IND-AS)

    Financial Highlights – Q1FY17 (as per IND-AS) Particulars in Rs.Crs Q1 FY17 Q1 FY16 YoY % Sales (MT)* 43,306 39,031 11% Net Sales 910 851 Other Operating Income 18 5 Total Sales Revenue 928 856 8.4% Raw Material 373 405 (Increase) / Decrease in Stock 12 13 Employee Expenses 55 50 Other Expenses 229

  7. Slide 7: Reconciliation as per Indian GAAP

    Reconciliation as per Indian GAAP Particulars in Rs.Crs 30th June 2015 Net Profit for the period as per Indian GAAP 152 Accounting for Derivatives and foreign exchange differences (39) Fair value measurement of Investments (37) Other adjustments (0) Deferred tax on Ind -AS adjustments 27 Net Profit

  8. Slide 8: Cash Holdings

    Long Term Debt Profile 1,724 In Rs. Cr Long Term Debt 40 13 3 -340 1,071 -369 Mar-15 Q1FY16 Q2FY16 Q3FY16 Q4FY16 Q1FY17 Current Long Term Debt 175 1,084 149 -47 Cash Holdings 875 112 -180 Mar-15 Q1FY16 Q2FY16 Q3FY16 Q4FY16 Q1FY17 Current Cash Holdings In August 2016 repaid Rs.223 Cr of Long term Deb

  9. Slide 9: Sales Profile

    Sales Profile In MT FY17 Volume Guidance at 160,000MT – 170,000 MT 154,156 148,244 142,810 41,456* FY14 FY15 FY16 Q1FY17 * Excludes 1,850 MT sales of Q4FY16 adjusted in Q1FY17 as per IND-AS guidelines 9

  10. Slide 10: Segmental Profile

    Segmental Profile Segmental Sales – Q1FY17 Agriculture Others 4% Tractors, Trailers, Farm equipments OTR OTR Industrial, Construction & Earth Moving 32% equipments Others 64% Agriculture All Terrain Vehicles, Lawn & Garden vehicles 10

  11. Slide 11: Sales Channel Profile

    Sales Channel Profile Distributors Sales Channel – Q1FY17  Caters to replacement market Others  Strong global network through a well diversified 4% distributor network OEM 24% OEM’s  Penetrating deeper in increasing share of business with existing OEM’s  Forging new relationships to expand OEM b

  12. Slide 12: FY17 Strategy

    FY17 Strategy Bhuj Utilization Debt Repayment Increase Bhuj Utilization gradually Internal Accruals and Cash availability to be utilized for Debt Repayment of ~USD 92mn 01 02 03 04 Deepening Reach Competitive Edge Focus to add newer Increase Competitive Edge geographies, deepen our and improving pro

  13. Slide 13: BKT - A Strong Indian Brand

    GROWING TOGETHER BKT - A Strong Indian Brand 13

  14. Slide 14: Applications of our Tires

    Applications of our Tires Agriculture Tires Cotton Pick Harvester Tractor Vineyard Harvester Pivot Irrigator Industrial Tires Loader Regular Dumper Trailer OTR Tires Load Haul Dump Underground Mining Container Handler 14

  15. Slide 15: BKT Tires at Monster Jam 2016

    BKT Tires at Monster Jam 2016 Please Click Here for the Video 15

  16. Slide 16: For further information, please contact:

    For further information, please contact: Company : Investor Relations Advisors : Balkrishna Industries Ltd. Strategic Growth Advisors Pvt. Ltd. CIN - L99999MH1961PLC012185 CIN - U74140MH2010PTC204285 Mr. B K Bansal, Director - Finance Mr. Shogun Jain / Ms. Payal Dave bkbansal@bkt-tires.com jshogun@s

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