Balkrishna Industries Limited · NSE:BALKRISIND
Balkrishna Industries — Q3 FY2017 Earnings Presentation
16 slides from Balkrishna Industries's earnings presentation, February 2017
Slide 1: Result Update Presentation February 2017
Result Update Presentation February 2017
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
Slide 3: Our Performance
BK /T, GROWING TOGETHER Our Performance
Slide 4: Our Focus Areas
Our Focus Areas Increase Production from Bhuj and other plants so as to attain higher Penetrate deeper within existing Utilization levels and faster return Sales Channels as well increase on Investments footprint across Geographies in all product categories and gain Utilization market share Penetrat
Slide 5: Performance Snapshot
Performance Snapshot Volume Growth 9MFY17 Volume growth at 18% 90% YoY to 126,271 MT 32% Margin Profile EBITDA margin for 9MFY17 was 31.5% while for Q3FY17 was 31% 18% Profitability 9MFY17 PAT at Rs. 578 Cr while for Q3FY17 PAT was Rs. 186 Cr 3rd Interim Dividend declared; Total Dividend YTD at Rs.
Slide 6: Financial Highlights – 9MFY17 (as per IND-AS)
Financial Highlights – 9MFY17 (as per IND-AS) Particulars in Rs.Crs Q3 FY17 Q3 FY16 YoY % 9MFY17 9MFY16 YoY % Sales (MT) 40,415 33,010 126,271 107,097 18% 22% Net Sales 879 701 2730 2378 Other Operating Income 17 11 55 24 Total Sales Revenue 897 711 26% 2785 2402 16% Raw Material 377 315 1132 1024 (
Slide 7: Reconciliation as per Indian GAAP
Reconciliation as per Indian GAAP Particulars in Rs. Crs Q3FY16 9MFY16 Net Profit for the period as per Indian GAAP 136 413 Accounting for Derivatives and foreign exchange differences -36 -107 Fair value measurement of Investments 1 -28 Other adjustments -28 -15 Deferred tax on Ind -AS adjustments 2
Slide 8: Net Forex Gain/(Loss) Explanation
Net Forex Gain/(Loss) Explanation Particulars in Rs. Crs Q3FY17 Q2FY17 Q3FY16 9MFY17 9MFY16 Foreign Exchange Fluctuation on Sales 26 19 86 76 139 Foreign Exchange Fluctuation on Others 4 4 2 11 1 Total Realised Gain/(Loss) – A 30 23 88 87 140 Foreign Exchange Fluctuation on Non 11 7 -15 1 22 Derivat
Slide 9: Cash Holdings / Long Term Debt Profile
Long Term Debt Profile 1,724 In Rs. Cr Long Term Debt 40 13 3 -340 -369 18 851 -238 Mar-15 Q1FY16 Q2FY16 Q3FY16 Q4FY16 Q1FY17 Q2FY17 Q3FY17 Current Long Term Debt 175 180 1,193 149 Cash Holdings 875 -47 112 -71 -180 Mar-15 Q1FY16 Q2FY16 Q3FY16 Q4FY16 Q1FY17 Q2FY17 Q3FY17 Current Cash Holdings Outsta
Slide 10: Sales Profile
Sales Profile In MT FY17 Volume Guidance at 160,000MT – 170,000 MT 154,156 148,244 142,810 126,271 FY14 FY15 FY16 9MFY17* * AS per IND-AS 10
Slide 11: Segmental Profile
Segmental Profile Segmental Sales – 9MFY17* Agriculture Tractors, Trailers, Farm equipments Others 4% OTR Industrial, Construction & Earth Moving equipments OTR 34% Others All Terrain Vehicles, Lawn & Garden 62% Agriculture vehicles * AS per IND-AS 11
Slide 12: Sales Channel Profile
Sales Channel Profile Distributors Sales Channel – 9MFY17* Caters to replacement market Others Strong global network through a well diversified 3% distributor network OEM 23% OEM’s Penetrating deeper in increasing share of business with existing OEM’s Forging new relationships to expand OEM
Slide 13: BKT - A Strong Indian Brand
IT, GROWING TOGETHER BKT - A Strong Indian Brand 13
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
Slide 15: Sunny Deol - Brand Ambassador
Sunny Deol - Brand Ambassador (Click here) for BKT commercial advertisement for Indian Markets To help strengthen Brand BKT in India Markets 15
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 shogun.ja
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