Talbros Automotive Components Limited · NSE:TALBROAUTO
Talbros Automotive Components — Q3 FY2022 Earnings Presentation
30 slides from Talbros Automotive Components's earnings presentation, Feb 9, 2022
Slide 1: Slide 1
Slide 2: Safe Harbour
Safe Harbour talb Autometive Components This presentation and the accompanying slides (the “Presentation”), which have been prepared by Talbros Automotive Components Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitat
Slide 3: Talbros Automotive Components Ltd (TACL) - Group
Talbros Automotive Components Ltd (TACL) - Group talbr O Product Portfoli Entities TACL Group Turnover* (Rs. Crs) —e ctwsr a. 9M FY21 FY21 9M FY22 TACL Standalone se 265 Gaskets Nippon Leakless Talbros Pvt Ltd 5 106 Forgings TACL Standalone om oe 9M 9M FY21 ee — FY21 | FY22 Chassis Marelli Talbros C
Slide 4: Consolidated 9M FY22 Highlights
Consolidated 9M — FY22 Highlights talb Autometive Components wed F 435 Crores Commenting on the performance Mr. Anuj Talwar, Jt. Managing Automotive Components Limited said: Director, Talbros “Despite of challenging market situation, we remained committed to our job of Total Income’ working hard and
Slide 5: Quarterly Consolidated Performance Highlights
1 Consolidated Performance Highlights O Total Income from Operations EBIDTA ————» a5 a) 1 20.9 132.1 Quarterly Q3FY21 Q3FY22 Q3FY21 Q3FY22 Q3FY21 Q3FY22 435.0 Year To Date 292.8 40.0 Q9MFY21 9OMFY22 9MFY21 Q9MFY22 9MFY21 9MFY22 Rs. Crores Includes Other Income
Slide 6: Q3 & 9M FY22 Standalone Business Performance Highlights
Q3 & 9M FY22 Standalone Business Performance Highlights O Total Income from Operations EBIDTA 5 Gaskets (452%) 280.3 nee ee Nee OMINAEOMINA2 oo OBFYZL_OBFY22 Q3FY22 OMFY21._ 9MFY21 OMFY22 9MFY22 Forgings 18.6 5) 6.1 Q3FY21 Q3FY22 Q9MFY21 9MFY22 Q3FY21 Q3FY22 9MFY21 9MFY22 Rs. Crores Includes Other I
Slide 7: Q3 & 9M FY22 JV's Performance Highlights
Q3 & 9M FY22 JV’s Performance Highlights talb Automotive Components. Nippon Leakless Talbros Pvt Ltd Marelli Talbros Chassis Systems Pvt Ltd Talbros Marugo Rubber Pvt Ltd Total Income from Operations Total Income from Operations Total Income from Operations 58.8 115.3 37.6 55.7 Q3FY21 Q3FY22 9MFY21
Slide 8: Across varied segments...
Across varied segments... talb Automotive Components. Domestic Break Up* m2 & 3 Wheelers m@ Passenger Vehicle m HCV & LCV @ Agri & Off Loaders m@ Others Overall Break Up* ; MOEM Exports After Market Others *Proportionate Share of JV
Slide 9: Improving Our Key Metrics
Improving Our Key Metrics talb Return on Equity Return on Capital Employed Debt/Equity ——___- e ——— 16.4% 18.2% 0.77 14.1% 10.5% 0.44 9.0% 0.37 FY20 FY21 H1FY22 FY20 FY21 H1FY22 FY20 FY21 H1FY22 Note: * All the ratios have been calculated on Consolidated Basis * PAT, Net Worth and Capital Employed i
Slide 10: Q3 & 9M FY22 Consolidated Profit & Loss Statement
Q3 & 9M — FY22 Consolidated Profit & Loss Statement talb Automotive Components O Particulars (Rs. In crores) Q3FY22 Q3FY21 Yeeaed <) "les eal Revenue from Operations 148.4 129.5 14.5% 429.2 286.6 49.8% Other Income 2.1 2.5 5.8 6.2 Total revenue from Operation 150.5 132.1 14.0% 435.0 292.8 48.6% Raw
Slide 11: H1 FY22 Consolidated Balance Sheet
H1 FY22 Consolidated Balance Sheet talb Autometive Components O ASK} Sep-21 Mar-21 EQUITY AND LIABILITIES Sep-21 Mar-21 Non-current assets Equity Property, plant and equipment 146.7 145.4 Equity Share capital 12.3 12.3 Capital work in progress 1.0 3.0 Other equity 257.8 235.2 Investment property 3.0
Slide 12: Hedged Portfolio...
Hedged Portfolio... talb Autometive Components O 9M FY22 - Revenue Contribution ® Segments Product Portfolio Market Exposure TMR _*>_ "= ig el 4% NLK = 2 Wheelers = Gaskets = OEMs 4% 7 3Wheelers . Heat Shields =» After Market (— MTC = Passenger Vehicles = Forgings =» Exports 11% Chassis Systems . =
Slide 13: Having Diversified Customer base - Top 10 Customers
Having Diversified Customer base - Top 10 Customers O FY21 9M FY22 01 Hero Motocorp Limited 10% 01 Maruti Suzuki India Limited 10% 02 Maruti Suzuki India 9% 02 Bajaj Auto 9% 03 Bajaj Auto 9% 03 TATA Cummins 8% 04 Jaguar Land Rover Limited 6% 04 Hero Motocorp Limited 7% 05 GKN Driveline Brunico 6% 05
Slide 14: Venturing into EV
Venturing into EV talb Automotive Components. en nn en en nn nn ee en en en ene en enn en nen ene FORGINGS o Supplying parts for Plug-in hybrid Electric Vehicles to OEMs globally Vo eee eee ee ee ee ee ee ee ne ee ee ee ee ee ne ee ee ee ee ee ee ee ee ee” talbros nA MARELLI o Marelli Talbros is wor
Slide 15: Multi-year orders received in FY21 — Adding to growth in FY22
Multi-year orders received in FY21 — Adding to growth in FY22 talb Automotive Components O Multi-Year order win for BIW parts Technical Assistance Agreement with SANWA Careful Strategic Planning And Implementation Efforts ° Entered in a Technical Assistance Agreement o Marelli Talbros Chassis System
Slide 16: Gasket Business
Gasket Business talb Automotive Components. O Standalone — Total Income. In — House tool design and manufacturing 333 ~40% Market share in Gaskets 3x the nearest 67 292 265 287 280 competitor Market Leader in — Two Wheeler, Agri & Off Loaders, HCV & LCV segment Single Source Supplier for 5 of our cu
Slide 17: Standalone Business — Forgings
Standalone Business — Forgings talb Automotive Components 42436) 166 170 = One stop solution for Hot Forging 156 (750 to 2,500 Ton Press) 134 Exports 115 50% = In-House tool design and manufacturing = Strong presence in Overseas Market & 71 : . . Supplier to top Tier | companies Oth eon = One Stop S
Slide 18: Strong Global Partnerships - Joint Ventures
Strong Global Partnerships - Joint Ventures talb Automotive Components. O (NLLK) AaU-SLVAL RASH > NIPPON LEAKLESS CORPORATION talbros nA MARELLI © Marugo Rubber Industries, Ltd, = Nippon Leakless Talbros Pvt Ltd (NLK) Marelli Talbros Chassis Systems Pvt Ltd (MTC) Talbros Marugo Rubber Pvt Ltd (TMR)
Slide 19: JV's Performance Highlights - Total Income from Operations
JV’s Performance Highlights - Total Income from Operations talb O Nippon Leakless Talbros Pvt Ltd | Marelli Talbros Chassis Systems Pvt Ltd | Talbros Marugo Rubber Pvt Ltd 52.0 108.7 106.0 ! 109.0 124.3 15.300 | 40.8 45.8 410 355 ." ; 85.8 ' 30,9 , : I q i FY17 FY18 FY19 FY20 FY21 9MFY22 FY17, FY18
Slide 20: About Us
About Us O as Over 6 Decades of experience in Auto Component manufacturing Diversified Auto Component player with presence across Two Wheelers, ona Passenger, Commercial Vehicles and Farm Equipment's Wide client base, “40% revenue from top 5 clients & ») Businesses across OEMs, Exports and After Mar
Slide 21: Leadership Team driving Growth & Profitability
Leadership Team driving Growth & Profitability talb Automotive Components Anuj Talwar - Joint Managing Director Is a Bachelor in Business Administration from college of William & Mary, Virgina, USA and Master of Business Administration from Boston University Graduate School of Management. He has bee
Slide 22: Board of Directors
Board of Directors O * Mr. Naresh Talwar, aged 80 years, is a Promoter and Non- Executive * Mr. Umesh Talwar, has done B.Com (Hons) from Delhi University and MBA Mr. Naresh Talwar Chairman of the Company. He has been associated with the Company Mr. Umesh Talwar from XLRI, Jamshedpur. He has more tha
Slide 23: Executive Management
Executive Management talb Autometive Components O Mr. Manish Khanna | Mrs. Seema Narang Chief Financial Officer Company Secretary A Qualified CA and MBA, he has over 17 years of experience with LeeBoy India She has over 29 years of experience in the secretarial department and has worked with Constru
Slide 24: Scope of Joint Ventures
Scope of Joint Ventures talb Automotive Components. — ee | Rear Twist Beam Axle Lr ——_— =| Front Cross Members LL Wheel Group + Corner Module | Control Arms MMT Existing Business r | MMT Planned for Future oll Leste I nsottroe | 24
Slide 25: Evolving Product Portfolio
Evolving Product Portfolio Automotive Components. JV with Marugo Evolution Rubber Continues... Revenue FY07 JV with Magneti | Marelli Hoses Hoses TA with SANWA Anti Vibration Anti Vibration Acquired Sheet Metal, Products Products Entry into Forgings, with NLK - Gaskets “has toms | Revenue FY21 Anti-
Slide 26: Diversified Customer - OEM
Diversified Customer - OEM talbn © EB. tm. Hero CL, @ VAMAHA sum Z BAIAS STaie toad in GP ee GD MARUTI @ _ Rx HYUNDAI @\p Mahindra ws SUZUKI : TATA @s © HCV/LCV ronce (oars) DAIMLER ae CD Mahindra €& © TATA FORCE = VE COMMERCIAL VEHICLES = “ASHOK LEYLAND : Agri & Off Loader nm _ @* INTERNATIONAL is0
Slide 27: Equity
Equity talb O Consistently paying Dividend for the last 50 years In Rs----, 2.0 I 1.8 1 I 1.5 1.5 1.5 1.5 1 I 1.2 1 I 10 | l 0.5 I 1 l FY14 FY15 FY16 FY17 FY18 FY19 [| FY20 FY21 Es 1 Dec-21 | a= = = ~! Promoter Shareholding —o l l ; 53.9% 54.0% 56.6% 56.6% 56.6% 56.6% 58.2% | 58.2% | 51.5% I I 9 46.
Slide 28: Appreciation From Customers
Appreciation From Customers O ® ASHOK LEYLAND PRUER CAPABILITY ENMANCEMENT General Motors Company 30001 Van Dyke Avenue : CERTIFICATE OF APPRECIATION Warren, MI 48083 This Certificate is awarded to www.gm.com P ‘ TALBROS AUTOMOTIVE COMPONENTS LTD : Rae (HARYANA) We congratulate and appreciate your p
Slide 29: Customer Awards for Best Performances
Customer Awards for Best Performances talb Automotive Components CUMMINS INDIA SUPPLIERS RECOGNITION 20 TALBROS AUTO COMPONENTS LTD Quality improvement contest award Quality improvement contest award — Appreciation certificate for NPD support Appreciation award for NPD —Kirloskar Oil Engines Ltd 202
Slide 30: For further information, please contact:
For further information, please contact: Company : Investor Relations Advisors : SG A Strategic Growth Advisors Talbros Automotive Components Ltd. Strategic Growth Advisors Pvt. Ltd. CIN: L29199HR1956PLC033107 CIN: U74140MH2010PTC204285 Ms. Seema Narang Mr. Shogun Jain / Ms. Akashi Modi seema narang
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