Hi-tech Gears Limited · NSE:HITECHGEAR
Hi-tech Gears — The Hi-Tech Gears — Q1 FY2023-24 Earnings Presentation
34 slides from Hi-tech Gears's earnings presentation, August 2023
Slide 1: Q-1 Financial Year 23-24 Earnings Presentation
A THE HI-TECH GEARS hae ta Q-1 Financial Year 23-24 Earnings Presentation August 2023 | THE HI-TECH GfFOUP ee
Slide 2: Safe Harbour Statement
AHEBseON A THE HI-TECH GrFOUP passion | innovation | technology Safe Harbour Statement The views expressed here may contain information derived from publicly available sources that have not been independently verified by The Hi-Tech Gears Limited. No representation or warranty (express or implied) i
Slide 3: Table of Contents
A] A tHe Hi-recu Group BEI0HOS Table of Contents * Financial Update * Management Perspective
Slide 4: Vision & Mission
qd A THE HI-TECH GrOUP ele Bases Vision & Mission The Hi-Tech Gears Vision “Be A Global Footprint Company and A Benchmark For World Class Manufacturing Systems” The Hi-Tech Gears Mission “We will be the preferred partner in delivering engineering products and design solutions through lean philosophy
Slide 5: Board of Directors
7 A THE HI-TECH GrFOUP Beas Board of Directors Pranav Kapuria Managing Director Deep Kapuria Anant Jaivant Talaulicar Executive Chairman Vice Chairman & Non-Executive Director Subir K. Chowdhury Executive Director & President Bidadi Anjani Kumar Non-Executive Director Anuj Kapuria Executive Director
Slide 6: Management Team
A THE HI-TECH GrFOUP AHEBseON passion | innovation | technology Management Team Subir K. Chowdhury Executive Director & President ing B.E. (Mech.); 38 years experience across Off Highway, Cons Durables, Pass Car & Commercial vehicles A.K. Verma Chief Operating Officer B.E.; 42 years of extensive exp
Slide 7: Strengths and Differentiators
7 A THE HI-TECH GrFOUP Be Bases Strengths and Differentiators Established track record of more than three decades as one of the leading manufacturers of critical high-precision gears, shafts and transmission components across segments One of the very few components’ manufacturers catering to diverse
Slide 8: Global Footprint and Marquee Customers
A THE HI-TECH GrOUP HEEB passion | innovation | technology Global Footprint and Marquee Customers Kk Hero AAMAGNA ¢ @BOSCH IF — @ NORTH AMERICA, Our Key i3PL Partners + Alonso Logistic + HTL Logistic = CHRobinson Q Manufacturing BA CustomerSupport EUROPE @298 DAIMLER| JCB Global Reach
Slide 9: Portfolio of Businesses across Automotive Segments
A THE HI-TECH GrFOUP AHEBseON passion | innovation | technology Portfolio of Businesses across Automotive Segments Top OE Coverage-HMCL, M&M, Honda ae A) #1 in the World = A. Be S&S 2 Two-Wheeler Medium & Heavy Passenger Cars Agri, Engines and Off- Commercial Vehicles highway > MMAGNA < DAIMLER MAGN
Slide 10: Plants across India and North America
A THE HI-TECH GrOUP HEEB passion | innovation | technology Plants across India and North America Manufacturing facilities in India Plant-I, Bhiwadi Plant-Il, Manesar Plant-Ill, Bhiwadi Est. 1986 Est. 2005 Est. 2011 Manufacturing facilities overseas Plant-1, Guelph, Plant-ll, Emporium Canada USA Acqu
Slide 11: Well Diversified Product Portfolio
7 A THE HI-TECH GrOUP BEeReEs Well Diversified Product Portfolio Two-Wheeler Car Transmission & Commercial & Off Engine PowerTake Off Precision Forging & Sintered dae sm Highway Vehicles Transmission Driveline sha Gears Components Machining Components Transmission C SF oy $$ sf] 4 4+ Manufacturer of
Slide 12: Process Infrastructure
A THE HI-TECH GrFOUP (68) a =a] passion | innovation | technology Process Infrastructure Forging + Hot Forging + Warm Forging + Cold Forging + Cold Extrusion + Coining CNC Turning + Gear Cutting (Wet & Dry Hobbing / Broaching / Shaping / Shaving) + Spline Rolling + Auto Shaft straightening + Deep Ho
Slide 13: Supplier of Critical Parts across Segments — CV, Passenger Cars, Two Wheelers
7 A THE HI-TECH GrOUP Be Bases Supplier of Critical Parts across Segments — Commercial Vehicle, Passenger Cars and Two Wheelers ‘Transmission Parts Fant zse Intermediate & Output hats
Slide 14: Supplier of Critical Parts across Segments — Agri and Earthmoving
qd A THE HI-TECH GrOUP Be Bases Supplier of Critical Parts across Segments —Agri and Earthmoving (130 Engine 13K Gear Train Agri- Tractors { PTO Assembly >100HP Tactors for exports PTO Gears- Hub & Shafts, IMoael APH, UT-o4, APZ, ID= 10 ‘Timing Gears, @0 ®@ (800 =O 600 Manufacturer of Transmission a
Slide 15: Listing Information
& A THE HI-TECH GrFOUP Beas Listing Information (as on 30 June 2023) : « NSE / BSE Code > NSE- HITECHGEAR > BSE- 522073 Share Capital — 1,87,68,000 equity shares @ Rs. 10/- each ¢ Shareholding Pattern 1. Promoters 56.26% 2. Bodies Corporate 6.35% 3. Public 37.39%
Slide 16: Table of Contents
is A tHe Hi-recu Group BEI0HOS Table of Contents * About THGL * Management Perspective
Slide 17: Standalone Performance Highlights (Q1 FY22-23 vs Q1 FY23-24)
i] | THE HI-TECH GfFOUP EREeBeo8 Standalone Performance Highlights (Q1 FY22-23 - vs —- Q1 FY23-24) (% Mn) Revenue Ga a 2,100 1954 88% “Se ‘ 1,830 1,800 sa 1,500 1,340 , 69% 1,200 Q1 (22-23) 900 600 paports tag 429, 23% 300 Total sales Rs. 1,830 ~ Domestic, Revenue 1,401, 77% mMQ1FY 22-23 @Q1 FY 23-2
Slide 18: Standalone Performance Highlights (Q1 FY22-23 vs Q1 FY23-24)
a 7 A THE HI-TECH GrFOUP Beas Standalone Performance Highlights (Q1 FY22-23 - vs —- Q1 FY23-24) (® Mn,% Revenues ) ss asim EBIDTA PBT PAT 350 350 300 300 300 250 250 8.73% 250 200 200 471 200 556% 5.63% 150 150 136 150 TT 109 103 100 100 100 EBIDTA PBT PAT MQLFY 22-23 mQ1FY 23-24 MQLFY 22-23 MQ1FY 2
Slide 19: Standalone Performance Highlights (Q4 FY22-23 vs Q1 FY23-24)
A tHe Hi-recu Group AHEBseON passion | innovation | technology Standalone Performance Highlights (Q4 FY22-23 - vs —- Q1 FY23-24) (= Mn) Revenue Exports, 455, 24% ——_ 3.75% ( Le 2,100 1,902 rd Total sales Rs. 1,902 ” 1,830 1,800 Domestic, 1,500 1,446 , 76% 200 Q4 (22-23) 900 Exports, ee logy, 429, 23
Slide 20: Standalone Performance Highlights (Q4 FY22-23 vs Q1 FY23-24)
Ee i A THE HI-TECH GrFOUP Beas Standalone Performance Highlights (Q4 FY22-23 - vs —- Q1 FY23-24) (® Mn,% Revenues ) PBT PAT EBIDTA 350 350 350 14.47% 300 300 33.94% _—— 300 265 265 250 250 250 200 7.22% 7.42% 200 200 ———_” 150 137 136 150 150 100 100 100 50 50 50 PBT PAT EBIDTA WQ4 FY 22-23 mQ1 FY 2
Slide 21: Financials Summary — THGL Standalone
a} THE HI-TECH GrOUP BHBER4EN passion | innovation | technology Financials Summary — THGL Standalone (Q1 FY 22-23 - vs - Q4 FY 22-23 - vs- Q1 FY 23-24) Total Revenue (® Mn) EBIDTA -5.14% Interest Cost 43 44 48 5 12.53% 4 8.54% Deprecation 76 84 81 5 6.40% (3) -3.13% PBT 171 137 136 (35) -20.32% (1)
Slide 22: Consolidated Performance Highlights (Q1 FY22-23 vs Q1 FY23-24)
& iS A THE HI-TECH GrFOUP Beas Consolidated Performance Highlights (Q1 FY22-23 - vs — Q1 FY23-24) (% Mn) Revenue 3,600 3,300 3,000 2,700 2,400 2,100 1,800 1,500 1,200 900 600 300 2,939 Revenue MQLFY 22-23) ~mQIFY 23-24 * Turnover has decreased by = 273 Mn due to normalization of inventory built up b
Slide 23: Consolidated Performance Highlights (Q1 FY22-23 vs Q1 FY23-24)
A tHe Hi-recu Group AHEBseON passion | innovation | technology Consolidated Performance Highlights (Q1 FY22-23 - vs — Q1 FY23-24) (® Mn,% EBIDTA Revenues ) 13.62% PBT PAT 11.47% __—a— 337 400 400 350 350 300 300 250 250 200 4.61% 200 3.49% 150 mi 150 93 100 61 100 0.13% 4 EBIDTA PBT PAT MQLFY 22-23.
Slide 24: Consolidated Performance Highlights (Q4 FY22-23 vs Q1 FY23-24)
a 7 A THE HI-TECH GrFOUP Beas Consolidated Performance Highlights (Q4 FY22-23 - vs — Q1 FY23-24) (% Mn) Revenue 3,600 3,300 3,000 2,700 2,400 2,100 1,800 1,500 1,200 900 600 300 Revenue MQ4FY 22-23 mQIFY 23-24 * Turnover has decreased by = 209 Mn or 7.27 % due to inventory adjustment by a Passenger
Slide 25: Consolidated Performance Highlights (Q4 FY23-24 vs Q1 FY23-24)
A THE HI-TECH GrFQOUP BEARS OS Consolidated Performance Highlights (Q4 FY23-24 - vs — Q1 FY23-24) (% Mn,% a EBIDTA is.60x PBT par Revenues ) 400 usm ___— >" 500 500 341 300 400 400 300 300 200 100 EBIDTA PBT MQ4FY 22-23 mQ1FY 23-24 WOQ4FY 22-23 mQUFY 23-24 200 100 5.79% 3.49% 166 PAT MQ4FY 22-23 MQI
Slide 26: Financials Summary — THGL Consolidated
a} THE HI-TECH GrOUP Be BaSeN Financials Summary — THGL Consolidated (Q1 FY 22-23 - vs — Q4 FY 22-23 - vs- Q1 FY 23-24) ( Mn) Total Revenue 2,939 2,875 2,666 (273) -9.28% (209) -7.27% EBIDTA 337 341 363 26 7.69% 22 6.38% Interest Cost 78 87 90 12 3 Deprecation 198 151 150 (48) (1) PBT 61 103 123 61
Slide 27: Table of Contents
is A tHe Hi-recu Group BEI0HOS Table of Contents * About THGL * Financial Update
Slide 28: Commentary on Overseas Performance for Q1 FY23-24
iz 7 A THE HI-TECH GrFOUP Beas Commentary on Overseas Performance for Q1 FY23-24 The consolidated performance for Q1 FY 23-24 has improved significantly due to improvement in the Overseas operations. In QLFY 23-24, low pick-up from the customers resulted in reduction in sales of the Overseas busines
Slide 29: Commentary on Standalone Performance for Q1 FY23-24
iz 7 A THE HI-TECH GrFOUP Beas Commentary on Standalone Performance for Q1 FY23-24 * Revenue Highlights : * In Q1 FY 23-24, revenue share of Two-Wheeler (TW) ~ 38%; Commercial Vehicle (CV), Agriculture and Off-road ~ 47% and Passenger Car (PC) ~ 15% * Revenues have declined by 3.7% QoQ in Q1 FY 23-2
Slide 30: Thrust on EV and New Technology
7 A THE HI-TECH GrFOUP Beas Thrust on EV and New Technology Electric Vehicle Components EV-Differential Assembly — EV deliver higher torque and power curve with fewer gear with higher rotational speed. THGL Initiatives: TW : Gear Component Final Assembly & Counter Assembly and Gear Drive PC : Helica
Slide 31: New Business Wins — India Operations
A tHe Hi-recu Group AHEBseON passion | innovation | technology New Business Wins — India Operations FY 22-23 * New business won ~ & 1,481 Mn annualized Current Customer % 931 Mn New Customer 550 Mn one * New business won ~ X 1,481 Mn annualized CD ans (FCC) EV Business = 360 Mn a ICE Business % 1,12
Slide 32: Awards and Recognitions
| THE HI-TECH GfFOUP Be Baees Awards and Recognitions Recent Awards Manufacturing & Organizational Export Excellence Supply Chain IGBC & TPM Excellence Quality & Zero Defect * HeroMoto |* SHINGO Prize |» ACMAGold |* HeroMoto / Japan Corp — Silver Corp Institute of * ACMA Silver Plant * Tata Cummins
Slide 33: A tHe Hi-recu Group HHERsoN
A tHe Hi-recu Group HHERsoN passion | innovation | technology For any further details, please contact: Email _- investor.relations@thehitechgears.com Website — www.thehitechgears.com
Slide 34: Thank you for your attention
Thank you for your attention Disclaimer: This presentation is being provided for the sole purpose of providing the recipients with background information about The Hi-Tech Gears business. This presentation, including the information contained in this disclaimer, does not constitute an offer, invitat
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