Sandhar Technologies Ltd. · NSE:SANDHAR
Sandhar Technologies — Q1 FY22 Earnings Presentation
19 slides from Sandhar Technologies's earnings presentation, Aug 6, 2021
Slide 1: Sandhar – Intimation to Stock Exchange
SANDHAR Growth. Motivation. Better Life Ref: STL I REG-30/ BSEI NSEI 2021-2022/83 Dated: 0611' August, 2021 To, To, Department of Corporate Services, Listing Department, BSE Limited National Stock Exchange oflndia Limited Phiroze Jeejeebhoy Towers, Dalal Street, C-1, G-Block, Bandra-Kurla Complex Mu
Slide 2: Investor's Presentation Q1 FY 21-22 Performance
INVESTOR’S PRESENTATION Q1 FY 21-22 Performance
Slide 3: Safe Harbour
Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Sandhar Technologies Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any se
Slide 4: Key Highlights
Key Highlights Strong performance in Q1 FY 22 despite 2nd wave of Covid-19, revenues stood at Rs. 411.67 Crs. registering a growth of 217% over Q1 FY 21. Similarly PAT grew by 107%. Industry Updates Financials (Q1 FY 22 vs Q1 FY 21) Industry registered a growth of 138% in Q1 FY 22 Consolidated where
Slide 5: Our Footprint
Our Footprint 42 State of-art-the-manufacturing facilities Technical collaboration with South Korea, Japan & Taiwan All Rights Reserved@Sandhar 2021 4
Slide 6: Revenue Model
Revenue Model Key Customers Products Revenue Others, 13% Aluminium Die 2W Casting, 28% Assemblies, 8% PV Cabins, 12% CV Sheet Metal, Proprietary 14% Business, 25% OHV Geographical Revenue 78% 22% 3W Domestic Overseas All Rights Reserved@Sandhar 2021 5
Slide 7: Q1-FY22 Financial Snapshot
Q1-FY 22 Financial Snapshot (fig. in Rs. Crs) Consolidated Standalone Revenue EBITDA Revenue EBITDA 40.00 32.68 20.84 217% 371% 35% 219% 319.05 291% 411.67 30.00 25% 20.00 7% 15% (10.89) 10.00 8% 129.99 - (12.05) 5% 100.00 -11% (10.00) -9% -5% (20.00) -15% Q1 FY 21 Q1 FY 22 Q1 FY 21 Q1 FY 22 Q1 FY 2
Slide 8: Profit & Loss Statement – Consolidated
Profit & Loss Statement – Consolidated (fig. in Rs. Crs) Particulars Q1 FY 22 Q1 FY 21 YoY (%) Q4 FY 21 QoQ (%) FY 21 Total Revenue 411.67 129.99 217% 645.12 -36% 1,874.34 Expenses Cost of materials 230.51 68.85 235% 383.10 -40% 1,092.12 Labour cost 39.20 19.33 103% 49.59 -21% 160.31 Personnel expen
Slide 9: Profit & Loss Statement – Standalone
Profit & Loss Statement – Standalone (fig. in Rs. Crs) Particulars Q1 FY 22 Q1 FY 21 YoY (%) Q4 FY 21 QoQ (%) FY 21 Total Revenue 319.05 100.00 219% 552.40 -42% 1,594.70 Expenses Cost of materials 206.75 64.27 222% 357.47 -42% 1,018.56 Labour cost 29.51 14.76 100% 39.88 -26% 130.71 Personnel expense
Slide 10: WOS Performance and JV Performance
WOS Performance (fig in Rs. Crs) Revenue EBITDA EBT 9 2.74 1 1.84 3. 58 2 9.99 (1 .16) ( 8.96) Q1 FY 21 Q1 FY 22 Q1 FY 21 Q1 FY 22 Q1 FY 21 Q1 FY 22 209% 1121% 140% JV* Performance (fig in Rs. Crs) EBITDA PAT Revenue 15.55 3.86 (3.19) (1.75) (3.52) (1.94) Q1 FY 21 Q1 FY 22 Q1 FY 21 Q1 FY 22 Q1 FY 21
Slide 11: New Business – Supplies Started to Electric Vehicles
New Business- Supplies Started to Electric Vehicles (FY 2021-22) Product Category Products Supplied Key Customer • Ignition & Switch Locking System • Latch System • Hook & Striker KABIRA MOBILITY KABIRA PUR ENERGY MOBILITY • Mirror & Vision System • Wheel Assembly All Rights Reserved@Sandhar 2021 10
Slide 12: Overseas New Business – Supplies Started to Electric Vehicles
Overseas New Business- Supplies Started to Electric Vehicles (FY 2021-22) Product Category Products Supplied Key Customer TRW • Seat Belt retractor components • Wiper systems components TRW • Electronic circuits housings and covers Revenue at consolidated level from this segment stands Rs. 12.07 Crs
Slide 13: Potential New Business for Electric Vehicles
Potential New Business for Electric Vehicles (FY 2021-22) Purchase Order Received Schedule Awaited Products to be Supplied Customer Portfolio • Ignition & Switch Locking System Strom Motors • Latch System • Door Handles • Battery Locking System • Mirrors & Vision System KUSALVA INTERNATIONAL LTD NDA
Slide 14: Business from Electronification
Business from Electronification (FY 2021-22) Division / Company Products Supplied Key Customer Relay Sandhar Automotive Gurugram, JEM Division • Revenue - Q1 Rs. 1.39 Crs. Rear View ECU* Sensor with Bezel Camera Sandhar Whetron Electronics Pvt. Ltd. • Revenue - Q1 Rs. 0.25 Crs. Sensor (5 Colors) ECU
Slide 15: Business from Electronification
Business from Electronification (FY 2021-22) Division / Company Products Supplied Key Customer Feeder Cable Sandhar Hanshin Auto Technologies Pvt. Ltd. • Revenue - Q1 Rs. 2.29 Crs. Sandhar Han Sung Technologies MCB Pvt. Ltd.. • Revenue - Q1 Rs. 1.27 Crs. Jinyoung Sandhar Mechatronics Switches Pvt. L
Slide 16: Future Outlook
Future Outlook Expecting the Revenue CAGR of 30% over the next 3 years. Strongly looking for inorganic growth opportunities in near future. Focusing on better returns by achieving economies of production and leveraging long standing relationships with OEMs. New overseas plant in Romania to be operat
Slide 17: Future Outlook
Future Outlook Expanding product portfolio with OEMs. Increasing business with EV OEMs with existing and new products. Centre for innovation & development (In-house R&D center) is consistently working on development of technology driven products in Auto-Space. Joint Ventures companies to ramp-up in
Slide 18: Shareholding Pattern FY22 vs FY21
Shareholding Pattern FY22 vs FY21 Mutual Funds, Retail, 12.24% 15.69% Mutual Funds, Retail, 12.37% 15.74% FII, 1.70% FII, 1.55% Promoters, Promoters, 70.37% 70.35% Q1 FY'22 FY'21 All Rights Reserved@Sandhar 2021 17
Slide 19: Thank You
Sandhar Technologies Limited CIN: L74999DL1987PLC029553 Email: investors@sandhar.in THANK YOU