Jtekt India Limited · NSE:JTEKTINDIA
Jtekt India — FY2024 Earnings Presentation
15 slides from Jtekt India's earnings presentation, Jun 18, 2024
Slide 1: Exchange cover letter for analyst presentation
18th June, 2024 The BSE Limited National Stock Exchange of India Ltd. Department of Corporate Services Exchange Plaza, 5th Floor, Floor 1, New Trading Ring Plot No. C/1, G Block Rotunda Building. P.J. Towers Bandra – Kurla Complex Dalal Street, Fort Bandra (E) Mumbai 400 001. Mumbai 400 051. Scrip C
Slide 2: JTEKT India Ltd Investor Presentation – June 2024
JTEKT India Ltd Investor Presentation – June 2024 1 PROPERITY & CONFIDENTIAL JTEKT JTEKT CORPORATION India Limited
Slide 3: Contents
Contents 1 Performance Review 3 2 Key Ratios‐ Impact on Financials 5 3 Operational Highlights 6 4 Financial Statements 8 5 About US 11 6 About JTEKT Corporation 12 2 PROPERITY & CONFIDENTIAL JTEKT JTEKT CORPORATION India Limited
Slide 4: FY 2023-24 (Full Year)
FY 2023-24 (Full Year) Revenue EBIDTA PAT 3000 12% 1500 5% 25000 9.5% 10% 9.1% 4.7% 2500 10% 5% 20000 22,455 20,439 2000 2139 8% 1000 4.2% 5% 15000 1059 1500 1859 6% 4% 864 10000 1000 4% 500 4% 5000 500 2% 4% 0 0 0% 0 4% (FY'23) (FY'24) (FY'23) (FY'24) (FY'23) (FY'24) Revenue growth of 10% in FY-2
Slide 5: Q4 FY 2023-24 (YoY)
Q4 FY 2023-24 (YoY) Revenue EBIDTA PAT 8000 800 11.0% 12% 400 5.4% 6% 19.2% 700 9.4% 10% 4.9% 6000 600 694 5% 6321 8% 300 340 500 4% 5302 499 4000 400 6% 200 258 3% 300 4% 2% 2000 200 100 2% 1% 100 0 0 0% 0 0% Q‐4 (F‐23) Q‐4 (F‐24) Q‐4 (F‐23) Q‐4 (F‐24) Q‐4 (F‐23) Q‐4 (F‐24) JIN achieved the highe
Slide 6: Key Ratios: Financials
Key Ratios : Financials Debt Equity Fixed Assets Turnover Ratio 1.30 6.00 1.10 5.00 4.04 0.90 4.00 3.52 3.39 3.40 3.50 3.77 0.70 3.00 3.00 0.50 0.44 0.33 2.00 0.30 0.13 0.09 0.11 0.09 0.13 1.00 0.10 ‐ (0.10) FY‐18 FY‐19 FY‐20 FY‐21 FY‐22 FY‐23 FY‐24 FY‐18 FY‐19 FY‐20 FY‐21 FY‐22 FY‐23 FY‐24 5 PROPER
Slide 7: Operational Highlights
Operational Highlights 6 PROPERITY & CONFIDENTIAL JTEKT JTEKT CORPORATION India Limited
Slide 8: Product Wise & Geographic Sales Mix
Product Wise & Geographic Sales Mix Product Wise Sales Mix* Geographic Sales Mix Product Revenue Breakup FY‐24 FY‐24 FY‐24 4.1% 3.9% Others, CVJ, 2.9% 9.2% Column, 8.5% RPS M, 23.3% HPS, 95.9% 96.1% 8.2% CEPS, 47.8% Driveline Steering & Columns Export Domestic FY‐23 FY‐23 FY‐23 7.0% 3.5% Others, 11.
Slide 9: Financial Statements
Financial Statements 8 PROPERITY & CONFIDENTIAL JTEKT JTEKT CORPORATION India Limited
Slide 10: P&L (Quarter)
P&L (Quarter) Rs/Million Particulars Qtr‐4 F23 Qtr‐4 F24 QoQ % Qtr‐3 F24 QoQ % Sales Revenue 5302 6321 19% 5520 15% Material Cost 3717 4456 20% 3933 13% Manufacturing Cost 281 335 19% 319 5% Selling Cost 79 76 ‐3% 82 ‐7% Employee Cost 522 565 8% 578 ‐2% Administrative Cost 204 194 ‐5% 101 93% EBITDA
Slide 11: P&L (Full Year)
P&L (Full Year) Rs/Million Particulars FY'23 FY'24 YoY % Sales Revenue 20439 22455 10% Material Cost 14461 15965 10% Manufacturing Cost 1138 1275 12% Selling Cost 321 310 ‐3% Employee Cost 2171 2273 5% Administrative Cost 489 494 1% EBITDA 1859 2139 15% Depreciation 732 814 11% Operating Profit 1127
Slide 12: About JTEKT India Limited
About JTEKT India Limited (Company Background) Established in 1984, JTEKT India Limited (JIN) manufacturers steering systems for the passenger car and utility vehicle market in India, catering to passenger cars, utility vehicles and light commercial vehicles. The Company gets its technology from J
Slide 13: About JTEKT Corporation Japan
About JTEKT Corporation Japan 12 PROPERITY & CONFIDENTIAL JTEKT JTEKT CORPORATION India Limited
Slide 14: About JTEKT Corporation
About JTEKT Corporation (Company Background) JTEKT Corporation was established in January 2006 through the merger of Koyo Seiko Co. Ltd., a world-class bearing manufacturer, and Toyoda Machine Works, Ltd., a machine tool manufacturer excelling in world-leading technologies. Combining the most adva
Slide 15: The Journey Continues
The Journey Continues 14 PROPERITY & CONFIDENTIAL JTEKT JTEKT CORPORATION India Limited