SML Mahindra Limited · NSE:SMLMAH
SML Mahindra — SML Isuzu — Investor Presentation (June 2015)
26 slides from SML Mahindra's investor presentation, June 2015
Slide 1: SML Isuzu Limited Company Presentation
SML ISUZU LIMITED Company Presentation June 2015
Slide 2: Safe Harbor
Safe Harbor • This presentation and the accompanying slides (the “Presentation”), which have been prepared by the Company have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form t
Slide 3: Board of Directors
Board of Directors Be the Best, Be the One. S.K.Tuteja, IAS After serving on the key assignments in various Government Departments at (Retd.) Punjab and Center, Mr. Tuteja retired as Secretary, Food & Public Distribution, Chairman Government of India in 2005. Mr. Tuteja has over 44 years of rich e
Slide 4: Board of Directors
Board of Directors Be the Best, Be the One. Sudhir Nayar A B.Tech from IIT Delhi and MBA from FMS, Delhi University. Mr. Nayar has Independent over 30 years of experience in Sales & Marketing functions. He has worked Director with many reputed giants such as Hindustan Lever Limited (HUL) and Tata
Slide 5: Board of Directors
Board of Directors Be the Best, Be the One. K. Takashima A graduate from Waseda University School of Commerce, Japan. Mr. Takashima joined Sumitomo Corporation in April, 1986 and his current position in Sumitomo Corporation is General Manager – Automotive Manufacturing Business Department. He has
Slide 6: Board of Directors
Board of Directors Be the Best, Be the One. Eiichi Seto A graduate in Law from Waseda University, Tokyo (Japan). Mr. Seto joined (Managing Sumitomo Corporation in 1982 and has several years of experience in the Director & CEO) motor vehicles department. In 1993, he was appointed as General Manager
Slide 7: India – An Overview
India – An Overview 10.0 GDP Growth Forecast - 2015 (%) Per Capita Income (Rs '000) 88 90 7.5 80 8.0 6.8 80 69 6.0 70 61 60 53 4.0 3.0 3.1 46 50 2.0 1.5 40 0.0 30 Euro Area Mexico USA China India FY 10 FY 11 FY 12 FY 13 FY 14 FY 15 Source : IMF – World Economic Outlook, April 2015 Source : Ministry
Slide 8: Changing Trends
Changing Trends Old New 7
Slide 9: Total Commercial Vehicle Industry
Total Commercial Vehicle Industry (Nos. in ‘000) Be the Best, Be the One. 1000 902 873 900 759 800 291 208 710 700 700 576 278 118 160 600 201 127 500 100 207 97 400 109 300 117 547 484 450 200 372 402 100 252 0 FY 10 FY 11 FY 12 FY 13 FY 14 FY 15 12 ton & above 5 ton to 12 ton Upto 5 ton CV volumes
Slide 10: Major Milestones
Major Milestones Be the Best, Be the One. 1983 Swaraj Vehicles Ltd. (SVL) incorporated 1984 Joint Venture and Technical Assistance Agreement between Punjab Tractors Ltd., Mazda Motor Corporation & Sumitomo Corporation concluded. SVL renamed Swaraj Mazda Limited (SML) 1985 Project setup with a capaci
Slide 11: Major Milestones
Major Milestones Be the Best, Be the One. 1994 Became financially sick – due sharp Rupee devaluation 1997 Financial health restored –3 years earlier than Rehabilitation Scheme. 2000 Maiden Dividend @ 10% 2005 Sumitomo Corporation, Japan raised its equity holding in the Company to 41%. 2006 Technical
Slide 12: Major Milestones
Major Milestones Be the Best, Be the One. 2010 Rights Issue of 3,984,946 equity share of Rs. 10 each at a premium of Rs. 190 per share in the ratio of 11:50 raised Rs. 79.7 crores. 2011 Swaraj Mazda renamed as SML ISUZU LIMITED. 2012 Isuzu Motors raises its stake to 15%; Dividend raised to 80% on po
Slide 13: Equity & Dividend Record
Equity & Dividend Record Be the Best, Be the One. Year Nature of Issue No. of Shares Price Per Current (Lacs) Share Price (June’15) 1985 Initial Public Offer (IPO) 105 Rs.10/- Rs. 1100/- approx. 2010 Rights Issue 40 Rs. 200/- Rs. 1100/- approx. Dividend Track Record 2000 Maiden Dividend – 10% 2008 D
Slide 14: Equity Shareholding Pattern
Equity Shareholding Pattern as on 31.03.2015 Category No. of % age of Shares held Shareholding Sumitomo Corporation 6362306 43.96 Isuzu Motors Limited 2170747 15.00 Reliance Capital Trustee Company Ltd. 597683 4.13 UTI Equity Fund 592770 4.09 Reliance Life Insurance Company Ltd. 417632 2.89 Bajaj Al
Slide 15: The Journey
The Journey Be the Best, Be the One. Swaraj Mazda (now SML Isuzu) represented the coming together of three powerful Corporate brands : Swaraj symbolising the best of Indian technology and engineering, Mazda symbolising R&D and innovation edge on a global scale and Sumitomo representing age-old int
Slide 16: Alliance with Isuzu
Alliance with Isuzu Be the Best, Be the One. • has enabled SML to conceive and set up manufacturing systems and facilities matching global standards within a tight framework of capital outlay. • has enabled SML to launch medium & large size Isuzu buses / trucks widen its product portfolio and augmen
Slide 17: Market Potential
Market Potential Be the Best, Be the One. Long term prospects of commercial vehicle industry are secular. Economic growth in the medium to long term would be driven by infrastructure investments in areas such as – roads, bridges, power generation, information technology, civil aviation, sea-ports, h
Slide 18: Industry growth outlook and road infrastructure
Be the Best, Be the One. • As per ICRA, the MHCV segment (Truck) is likely to register a growth of 12-14% in FY 2015-16 driven by continuing trend towards replacement of ageing fleet and expectations of pick-up in demand from infrastructure and industrial sectors in view of reforms being initiated b
Slide 19: An Overview
An Overview Be the Best, Be the One. • Wide Range of Products -- Both in Cargo (5 – 12 ton) and Passenger Categories (13 - 52 seats) • Installed Capacity -- 18000 Vehicles -- 4000 Bus Bodies • Manpower Strength -- Regular - 1000 approx. -- Contract - 1000 approx. 18
Slide 20: Product Portfolio
Product Portfolio Be the Best, Be the One. Trucks GVW(Kgs) Special Application Vehicles – Sartaj 5252 XM - 5200 – Sartaj 59 XM - 5900 -- Ambulance – Sartaj HG 72 XM - 7200 – Prestige XM - 6440 -- Water Tanker – Supreme XM - 8000 – Super XM - 8720 -- Tipper – Samrat XM - 10250 -- Delivery Van – S
Slide 21: Marketing Network
Marketing Network Be the Best, Be the One. ZONAL OFFICES = 12 -- Ahmedabad -- Bangalore -- Bhopal -- Chennai -- Cochin -- Delhi -- Hubli -- Hyderabad -- Kolkata -- Lucknow -- Pune -- Mumbai SALES, DISTRIBUTION & SERVICE NETWORK -- 120 Dealers (including Export) -- 18 Authorized Service Centres -
Slide 22: Performance Indicators – Last Ten Years
Performance Indicators – Last Ten Years Be the Best, Be the One. Rs. Crores 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Vehicles Sale - Passenger Carriers 5475 5714 6388 4860 5440 6417 6612 6310 6285 7803 - Cargo Trucks 6412 5127 4884 3160 4693 6453 7034 5735 3475 3956 - Total 11887 10841 1127
Slide 23: Financial Graphs
Financial Graphs Be the Best, Be the One. Revenue (net) - Rs crores 1200 1000 1114 800 913 1011 886 600 1042 400 722 200 0 2010 2011 2012 2013 2014 2015 Operating Profit - Rs crores 100 80 60 74 71 79 86 40 58 20 36 0 2010 2011 2012 2013 2014 2015 22 Contd…..
Slide 24: Financial Graphs
Financial Graphs Be the Best, Be the One. Profit Before Tax - Rs crores 70 60 65 50 40 51 49 30 49 20 30 10 18 0 2010 2011 2012 2013 2014 2015 Earnings Per Share (EPS) - Rupees 40 35 30 25 28.9 20 25.5 25.3 25.2 19.4 15 10 12.0 5 0 2010 2011 2012 2013 2014 2015 23
Slide 25: Balance Sheet Analysis – Last 10 Years
Balance Sheet Analysis – Last 10 years Be the Best, Be the One. Rs. Crores As at 31st MAR.2006 MAR.2007 MAR.2008 MAR.2009 MAR.2010 MAR.2011 MAR.2012 MAR.2013 MAR.2014 MAR.2015 SOURCES OF FUNDS SHAREHOLDER'S FUNDS SHARE CAPITAL 10.5 10.5 10.5 10.5 14.5 14.5 14.5 14.5 14.5 14.5 RESERVES & SURPLUS 55.8
Slide 26: Thank You
Be the Best, Be the One. THANK YOU