Balkrishna Industries Limited · NSE:BALKRISIND
Balkrishna Industries — Q2 FY2020 Earnings Presentation
30 slides from Balkrishna Industries's earnings presentation, November 2019
Slide 1: Balkrishna Industries Ltd Investor Presentation
BALKRISHNA INDUSTRIES LTD Investor Presentation November, 2019
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
K/T) GROWING TOGETHER Our Performance
Slide 4: H1FY20 Performance
H1FY20 Performance H1FY20 Rs. 639 Cr 96,473 MT Rs. 2,325 Cr EBITDA* Rs. 467 Cr Sales Volume Revenue Margin : 27.5% PAT Q2FY20 Rs. 323 Cr 45,169 MT Rs. 1,107 Cr EBITDA* Rs. 291 Cr Sales Volume Revenue Margin : 29.2% PAT Board of Directors declared a 2nd Interim Dividend of Rs. 2/- per equity share *E
Slide 5: Sales Profile
Sales Profile In MT 211,261 199,213 172,419 148,244 96,473 FY16 FY17 FY18 FY19 H1FY20 5
Slide 6: Management Commentary
Management Commentary The markets continue to remain challenging due to environmental conditions 01 in Europe and unfavorable macro-economic situation across the globe At the start of the year we had guided for 3% to 5% volume growth for the current financial year. The first half of the year has bee
Slide 7: Profit & Loss
Profit & Loss Standalone Particulars (Rs. Cr) Q2FY20 Q2FY19 YoY % H1FY20 H1FY19 YoY % FY19 Sales (MT) 45,169 52,339 -14% 96,473 109,093 -12% 211,261 Revenue from Operations 1,071 1,325 2,265 2,688 5,244 Realized Gain on Foreign Exchange 36 45 60 96 91 Total Income 1,107 1,370 -19% 2,325 2,784 -16% 5
Slide 8: Other Income and Net Forex Gain/(Loss)
Other Income and Net Forex Gain/(Loss) Standalone Particulars (Rs. Cr) Q2FY20 Q2FY19 H1FY20 H1FY19 Exchange Difference Gain (Realized) 41 47 69 100 Exchange Difference Gain (Un-Realized) 14 22 28 42 Others 26 21 55 31 Total Other Income 81 91 152 173 Standalone Particulars (Rs. Cr) Q2FY20 Q2FY19 H1F
Slide 9: Balance Sheet
Balance Sheet Particulars (Rs. Cr.) Sep’19 Mar’19 Particulars (Rs. Cr.) Sep’19 Mar’19 ASSETS EQUITY AND LIABILITIES Non-current assets 4,430 3,994 EQUITY 5,017 4,679 Property, Plant and Equipment 2,983 2,707 Equity Share Capital 39 39 Capital work-in-progress 506 585 Other Equity 4,979 4,640 Investm
Slide 10: Cash Flow
Cash Flow Particulars (Rs. Cr.) Sep’19 Mar’19 Operating profit before working capital changes 612 1,438 Changes in working capital 181 -212 Cash generated from operations 793 1,227 Direct taxes paid & Others (net of refund) -139 -414 Net Cash from Operating Activities 654 813 Net Cash from Investing
Slide 11: Healthy Cash holdings
Healthy Cash holdings Rs. Cr 1,207 1,131 11 69 -280 61 -118 333 Mar-16 H1FY17 H2FY17 H1FY18 H2FY18 FY19 H1FY20 Current Cash Holdings Zero Long Term Debt All figures on Standalone basis 11
Slide 12: BKT 2.0: Embarking on next Phase of Growth
BKT 2.0: Embarking on next Phase of Growth 03 0 02 01 Carbon Black Plant Replacement of Waluj Capex at Bhuj Plant Plant Commenced Production of New state of the art fully Upscaling to large sized All Phase 1 of Carbon Black integrated facility at a caoex steel radial OTR Tires by project of 60,000 M
Slide 13: Strategy at BKT
BK /T GROWING TOGETHER Strategy at BKT Tae | ‘9 GROWING TOGETHER 13
Slide 14: Our Focus Area
Our Focus Area Market Reach Expand reach within existing Sales Channels as well increase footprint within replacement segment and OEMs 01 Penetrate Americas Increase share of business in USA markets by increasing 02 supplies from India Product portfolio expansion 03 Expand the product portfolio by a
Slide 15: To Serve Global OEMs…
To Serve Global OEMs… The Brand Names mentioned are the property of their respective owners and are used here for identification purposes only 15
Slide 16: With India Production and Global Sales
With India Production and Global Sales Waluj, Maharashtra Bhiwadi, Rajasthan Chopanki, Rajasthan Our plants India – Our Bhuj, Gujarat Manufacturing base Mould plant, Dombivali 16
Slide 17: BKT – A Strong Indian Brand
BKT – A Strong Indian Brand Click here for BKT Corporate Video 17
Slide 18: Balkrishna Industries – A Snapshot
Balkrishna Industries – A Snapshot Leading ‘Off-Highway Tire” Exporter BKT is India’s Leading player in the Global ‘Off Highway Tire (OHT)’ Market Wide and comprehensive product portfolio Deep understanding of OHT market has led to capabilities to manufacture over 2,700 SKU Capacities Current Achiev
Slide 19: Our Strong Evolution
Our Strong Evolution 2018 Announced Capex for 2019 Started Manufacturing for large size Replacement of Waluj Plant, 51” diameter tires at Bhuj. capex at Bhuj Plant Plant in 2015 2009 Crosses Rs. Plant in 2006 Chopanki, 1,000 cr Bhuj, Rajasthan Turnover Gujarat Production of 2002 Started Production P
Slide 20: Application of our Tires
Application of our Tires Agriculture Tires Cotton Pick Harvester Tractor Vineyard Tractor Pivot Irrigator Industrial Tires Loader Telehandler Mobile Crane OTR Tires Load Haul Dump Underground Mining Container Handler 20
Slide 21: Strengthening BKT Brand : USA
Strengthening BKT Brand : USA BKT is the Official and Exclusive Tire manufacturer of MONSTER JAM and its fleet of Monster Trucks – Monster Jam is a top sporting event in America 21
Slide 22: Strengthening BKT Brand : Italy, Europe
Strengthening BKT Brand : Italy, Europe BKT is the new Title Sponsor for the ITALIAN SERIE ‘B’ FOOTBALL CHAMPIONSHIP – THE NEWBORN - “SERIE BKT” 22
Slide 23: Strengthening BKT Brand : Spain, Europe
Strengthening BKT Brand : Spain, Europe BKT is the New Official Global Partner for the Spanish Football League “La Liga” 23
Slide 24: Strengthening BKT Brand : France, Europe
Strengthening BKT Brand : France, Europe BKT is the New TITLE Sponsor for the FRENCH Football League “COUPE DE LA LIGUE BKT” 24
Slide 25: Strengthening BKT Brand : Australia
Strengthening BKT Brand : Australia BKT is the Official “OFF-HIGHWAY TIRE PARTNER” for KFC BIG BASH LEAGUE (THE AUSTRALIAN CRICKET LEAGUE) 25
Slide 26: Strengthening BKT Brand : India
Strengthening BKT Brand : India Supporting Kabbadi in the Indian Heart Land 26
Slide 27: Strengthening BKT Brand : India
Strengthening BKT Brand : India Supporting Kabbadi by becoming the official Tire Partner for 8 marquee Teams in Pro Kabbadi League 27
Slide 28: Strengthening BKT Brand : India
Strengthening BKT Brand : India OFF-HIGHWAY TIRE PARTNER FOR THE ‘TAMIL NADU PREMIER LEAGUE’ (TNPL) FOR T-20 CRICKET 28
Slide 29: Strengthening BKT Brand : Sunny Deol our Brand Ambassador
Strengthening BKT Brand : Sunny Deol our Brand Ambassador Popular Bollywood Icon Sunny Deol is the Brand Ambassador of BKT 29
Slide 30: 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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