Slide 1: Analyst Update – Q3 FY19 Results
BHARAT FORGE LIMITED Analyst Update – Q3 FY19 Results BFL 3 MONTH REPORT “Q3FY19 marked the 8th consecutive quarter of robust revenue & profit growth on back of strong performance across key verticals and all geographies. Total revenue at Rs 16,925 million grew by 21.7% compared to Q3 FY18. Despite
Slide 2: Standalone Financial Highlights Q3 FY19
STANDALONE FINANCIAL HIGHLIGHTS Q3 FY19 TABLE 1 Rs. Million Particulars Q3 FY19 Q2 FY19 QoQ % Q3 FY18 YoY % Shipment Tonnage 66,764 69,683 -4.2 65,050 2.6 Domestic Revenue 6,739 6,951 -3.0 5,769 16.8 Export Revenue 9,755 9,434 3.4 7,811 24.9 Other Operating Income 431 407 326 Total Revenue 16,925 16
Slide 3: Company Review
TABLE 2 Rs Million Particulars December 31, 2018 March 31, 2018 Long Term Debt 13,874 13,462 Working capital & Bill Discounting 14,577 11,666 Equity 50,140 46,143 Cash 13,011 16,008 D/E 0.57 0.54 D/E (Net) 0.31 0.20 Long Term D/E (Net) 0.02 (0.06) ROCE (Net of cash) 24.8% 22.5% RONW 20.5% 17.7% COMP
Slide 4: India Business
INDIA BUSINESS For 9M FY2019, the domestic M&HCV industry continued its growth trajectory with a strong growth in sales supported by a pick-up in construction sector as well as healthy demand from consumption-driven sectors. But tightening credit environment, revision in axle load norms and sharp in
Slide 5: Overseas Subsidiaries
OVERSEAS SUBSIDIARIES TABLE 5 Rs. Million Particulars Oct – Dec 2018 Jul – Sep 2018 Oct – Dec 2017 Total Income 8,161 7,371 7,177 EBITDA 534 501 647 EBITDA % 6.5% 6.8% 9.0% PBT 104 41 205 The quarterly performance has been impacted primarily on account of seasonality and WLTP related issues. To brin