Jamna Auto Industries Limited · NSE:JAMNAAUTO
Jamna Auto Industries — Q1 FY2020 Earnings Presentation
20 slides from Jamna Auto Industries's earnings presentation, Aug 9, 2019
Slide 1: Jamna Auto Industries Ltd. - Q1 FY2020 results submission
,4», L. _ _ E" Jamna Auto Industries Ltd. August 9, 2019 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, Plot no. C/ 1, G Block, Mumbai— 400001 Maharashtra Bandra—Kurla Complex, Bandra (E) Mumbai 400 051, Maharashtra - BSE Code: 5
Slide 2: Investors' Presentation Q1 FY'20
Investors’ Presentation Q1 FY’20 Jamshedpur Plant Future ready for growth… 1
Slide 3: Company Overview
Company Overview Jamshedpur Plant Future ready for growth… 2
Slide 4: JAI at a glance
JAI at a glance India’s 9 #1 Strategically located Spring plants Manufacturer across India Manufacture Rated ~ 500 Parts for OEMs & A1+/AA by ICRA 2,000+ parts for After Market Strong After Market network: More than In-house 15,000 R&D Centre touch points Jamna Auto Industries Limited is referred to
Slide 5: Key Milestones
Key Milestones 2nd Multi-leaf manufacturing Acquired Tata’s Captive Springs Started Business Plant in Malanpur Business in Jamshedpur Collaboration with Ridewell corporation USA 1954 1991 2007 1957 1999 2008 1st Multi-leaf manufacturing 3rd Multi-leaf manufacturing 4th Multi-leaf manufacturing Plant
Slide 6: JAI's Corporate Strategy: Growth and Diversification
JAI’s Corporate Strategy : Growth and Diversification Expand Locations Diversify Products De-risk Markets Manufacturing Plants Existing Products Existing Markets Yamuna Nagar Malanpur • • Leaf Spring OE India Chennai 1- Leaf Spring Chennai 2- Suspension • Parabolic Spring • AM India Jamshe
Slide 7: JAI's Corporate Strategy: Lakshya
JAI’s Corporate Strategy: Lakshya Operational Goals Financial Goals Product De-risking Diversifying Markets Maximizing Returns Value Creation 33% 33% 33% 33% GOALS Revenue from Revenue from 33% ROCE Dividend New Products New Market ROCE Payout 34% 16% 33% ACHIEVED 55% FY’19 Revenue from Revenue from
Slide 8: JAI's OEM Customers
JAI’s OEM Customers WORLD’S LEADING PLAYERS IN LEAF SPRING Future ready for growth… 7
Slide 9: JAI's Product Portfolio
JAI’s Product Portfolio Existing Products Upcoming Products Stabilizer Bar Conventional Leaf Spring Parabolic Leaf Spring U Bolt Z Spring Lift Axle Air Suspension Trailer Suspension Future ready for growth… 8 8
Slide 10: JAI's Plants: Strategically located across CV hubs
JAI’s Plants: Strategically located across CV hubs OEM Plants Pant Nagar Ropar TATA Motors JAI Existing Plants (9) SML Isuzu Ashok Leyland Upcoming Plants (2) Yamuna Nagar Gurugram Pant Nagar Lucknow Maruti Tata Motors Lucknow Alwar Malanpur Ashok Leyland Bhuj Jamshedpur Indore TATA Motors AMW Adity
Slide 11: Shareholding Pattern as on June 30, 2019
Shareholding Pattern as on June 30, 2019 Categories % Holding Promoters 48% Individuals 33% Mutual Funds 8% Foreign Portfolio Investors 5% Bodies Corporate 3% Financial Institution & Others 3% NRIs 1% Total 100% Future ready for growth… 10
Slide 12: Industry Highlights
Industry Highlights Jamshedpur Plant Future ready for growth…
Slide 13: Industry Highlights
Industry Highlights • Indian and Global economic growth sentiment remains subdued, according to World Economic Outlook Update, July 2019 • GDP growth forecast revised downwards by RBI to 6.9% for FY’20 in the August Monetary Policy • CV Sector impacted by demand slowdown because of higher axle loads
Slide 14: CV Industry Outlook
CV Industry Outlook Decline in the CV Industry JAI improved its market share to 71% Total CV production declined by 14% YoY for the quarter M&HCV production saw a decline of 17% YoY CV Production: Q1'20 vs Market Share - OEM India Q1'19 300 280 250 240 29% 200 In '000 Nos 164 Jamna Auto 144 150
Slide 15: Shift in Global Leaf Spring Market
Shift in Global Leaf Spring Market 1980’s Leaf Spring Manufacturer Base Country Capacity NHK Spring Co. Ltd Japan 200,000 Delphi USA 100,000 Eaton/Oxford Canada 100,000 JAI has come as the top spring manufacturer Krupp Germany 40,000 of the world for CV Industry Hendrickson USA 40,000 DSP USA 40,000
Slide 16: Financial Updates
Financial Updates Jamshedpur Plant Future ready for growth…
Slide 17: Key Financial Trend: Q1 FY'19 Vs. Q1 FY'20
Key Financial Trend : Q1 FY’19 Vs. Q1 FY’20 All Figures in Rupees Crore Net Sales PBIDT 562 79 421 47 Q1 FY'19 Q1 FY'20 Q1 FY'19 Q1 FY'20 PBT Cash Accruals 61 52 30 34 Q1 FY'19 Q1 FY'20 Q1 FY'19 Q1 FY'20 Cash Accruals: PAT+ Depreciation Future ready for growth… 16
Slide 18: Financial Result – Q1 FY'20
Financial Result – Q1 FY’20 All Figures in Rupees Crore Revenue and Profitability Indicators 2018-19 2019-20 2018-19 2018-19 % Growth % Growth Particulars Q1 FY'20 Q1 FY'20 12M Q1 Q1 Q4 Vs Vs Q1 FY'19 Q4 FY'19 Net Sales 2,135 421 562 543 -25% -23% PBIDT 287 47 79 71 -40% -33% Operating Margin 241 34
Slide 19: Contributing to the Society
Contributing to the Society CSR Achievements made in Q1 FY’19: Environment: Planted 3800 saplings, Contributing to the Society distributed jute bags and glass bottles and water canes to our beneficiaries all locations on occasion of World Environment Day Education: Improved facilities in 15 governme
Slide 20: Forward Looking Statement / Thank You
Forward Looking Statement This presentation is made to enable investors to comprehend our prospects and take informed investment decisions. This presentation may contain certain forward looking statements within the meaning of applicable laws and regulations. We cannot guarantee that these forward-l
Jamna Auto Industries — Q1 FY2020 Earnings Presentation on 6ix