Lumax Auto Technologies Limited · NSE:LUMAXTECH
Lumax Auto Technologies — Q3 FY25 Earnings Presentation
35 slides from Lumax Auto Technologies's earnings presentation, Feb 13, 2025
Slide 1: Exchange filing cover letter for investor presentation
LATL:CS:IP:2024-25 Date: 13.02.2025 BSE Limited National Stock Exchange of India Limited Listing & Compliance Department Listing & Compliance Department Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1 Block G, Dalal Street, Mumbai - 400001 Bandra Kurla Complex, Bandra (E), Mumbai – 400051 Security Co
Slide 2: Lumax Auto Technologies Limited Q3 & 9MFY25 Investor Presentation
Lumax Auto Technologies Limited Q3 &9MFY25 Investor Presentation
Slide 3: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Lumax Auto Technologies Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for a
Slide 4: About Lumax Auto Technologies
About Lumax Auto Technologies Leading Auto Component Manufacturer having a Tier I relationship with all OEMs in India 10 13 28 Manufacturing facilities located JVs with market leaders in Gear Product Lines in seven states, strategically Shifter Systems & Vehicle Interior positioned with proximity to
Slide 5: Diversified Product Portfolio
Diversified Product Portfolio Advance Plastics Mechatronics Cockpit & Consoles Door Panels Air Intake Systems Urea & Plastic Fuel Tanks Power Window Switch O2 Sensor Telematics Control Unit Shark Fin Antenna Headliners Trims Louvers Head Lamps Tail Lamps Front & Rear Fender Telematics Antenna LF Ant
Slide 6: EV Agnostic Product Portfolio
EV Agnostic Product Portfolio Content Segment Product Categories Products Lines ICE EV per Vehicle (Rs.) Cockpits & Consoles Headliners Door Panels Advance Plastics Trims Louvers Air Intake Systems X Tanks 70K – 75K Power window switch 4W Mechatronics Telematics Control
Slide 7: Advance Plastics and Mechatronics: Expanding presence with spectrum of solutions
Expanding presence with Spectrum of Solutions Revenue FY22 FY24 Key Customers: Outlook Advance Plastics 1,613 +60% 11% 8% Bajaj, M&M, Tata, MG, • Huge cross selling opportunities among 23% Toyota, Volkswagen, HMSI, existing customers and addition of new 23% HCIL, Fiat, Skoda, Renault, customer 751 N
Slide 8: Structures & Control Systems and Aftermarket
Expanding presence with Spectrum of Solutions Structures & Control Systems Revenue FY22 FY24 Outlook +12% 8% 9% Key Customers: 31% MSIL, M&M, Toyota, Tata, 618 643 • Increase in wallet share among Honda, Daimler, Bajaj, Fiat, 509 46% existing customers Piaggio 46% • Addition of new technology driven
Slide 9: Localization in collaboration with Global Partners
Localization in collaboration with Global Partners Partnership for Green & JV for manufacture of Alternate Fuels Segment antennas & vehicle TA for Kinematic Components (across CNG, Hydrogen JV for gear shifters JV for oxygen sensors communication products and other applications) 55% in Lumax Mannoh
Slide 10: Acquisition of Greenfuel to unlock Diverse Growth Opportunities
Acquisition of Greenfuel to unlock Diverse Growth Opportunities Diversification • Addition of significant business in the green and alternate fuels segments • Expansion of product portfolio • Increase wallet share with existing customers • Substantial aftermarket opportunity which is currently untap
Slide 11: Strategic Manufacturing Locations in Proximity to Customers
Strategic Manufacturing Locations in Proximity to Customers Manesar & Gurugram (Haryana) Pantnagar (Uttarakhand) No of Plants - 9 No of Plants - 3 Mehsana (Gujarat) Bhiwadi (Rajasthan) No of Plants - 1 No of Plants – 1 Pithampur (Madhya Pradesh) No of Plants - 1 Bangalore (Karnataka) No of Plants -
Slide 12: Enhancing the Path to Innovation
Enhancing the Path to Innovation Government certified in-house R&D center and an Engineering To integrate and inculcate R&D strengths of global partners to Center, indicating a strong commitment of developing Cutting- leverage, develop, and manufacture locally according to the edge Technologies need
Slide 13: Upholding excellence in Corporate Governance
Upholding excellence in Corporate Governance Board of Directors Mr. Dhanesh Kumar Jain Chairman Over 50 years of experience in the automotive industry in management, Mr. Parag Mr. Arun Kumar operations & administrative roles. Chandulal Shah Malhotra Independent Directors He has held various industry
Slide 14: Visionary Leadership Team
Visionary Leadership Team Mr. Vikas Marwah Mr. Sanjay Mehta Chief Executive Officer Director & Group CFO Experience: 30+ Years Experience: 30+ Years Mr. Sunil Koparkar Managing Director, Mr. Ashish Dubey (IAC India) Chief Financial Officer Experience: 30+ Years Experience: 30+ Years Mr. Akshay Kashy
Slide 15: Our ESG Roadmap
Our ESG Roadmap Lumax – Plant Carbon Neutrality Strategy 100% ETP & STP Advance 100% rain-water 25% reduction of 30% reduction of 40% reduction in all plants Equipment harvesting setup. Co2 (Supply Co2 (Supply of Co2 (Supply Diversity ratio installation for the 10% reduction of chain
Slide 16: CSR Initiatives
CSR Initiatives Lumax Charitable Foundation, the CSR arm of Lumax, actively works on the 3 SDGs – • Quality Education, Good Health and Clean Water and Sanitation. • Students in adopted government and low-income private schools are supported through various initiatives beyond school learning in terms
Slide 17: Celebrating Milestones with Awards & Accolades
Celebrating Milestones with Awards & Accolades IAC India – 3 Awards (Business partner of LATL Bangalore - received “Best QCD the year, Special appreciation award for LCAT– won innovation award in M&M LATL Pune - team received BAL TPM Lumax Ituran Telematics honoured with Performance Award” at HMSI A
Slide 18: Media Coverages & Visits
Media Coverages & Visits Mr. Anmol Jain, Managing Director Mr. Vikas Marwah, CEO Fostering Partnerships. Propelling Growth. 17
Slide 19: Q3 & 9MFY25 Operational & Financial Performance
Q3 & 9MFY25 Operational & Financial Performance
Slide 20: Management Commentary
Management Commentary Commenting on the Q3 & 9MFY25 performance of the company Mr. Anmol Jain, Managing Director for Lumax Auto Technologies Limited said, “We are delighted to announce yet another milestone quarter, achieving our highest-ever quarterly revenue of Rs. 906 crores, marking an impressiv
Slide 21: Q3 & 9MFY25 – Financial Snapshot
Q3 & 9MFY25 – Financial Snapshot Revenue (Rs. In Crs) EBIDTA (Rs. In Crs) PAT before MI (Rs. In Crs) 21% 15% 29% 2,504 350 150 2,064 303 116 24% 9% 17% 906 116 127 48 56 732 Q3FY24 Q3FY25 9MFY24 9MFY25 Q3FY24 Q3FY25 9MFY24 9MFY25 Q3FY24 Q3FY25 9MFY24 9MFY25 EBIDTA Margin (%) PAT Margin (%) 15.8% 6.5
Slide 22: 9MFY25 – Product Category Wise Revenue Performance
9MFY25 – Product Category Wise Revenue Performance 9MFY24 9MFY25 Percentage of Total Y-o-Y (%) Revenue Advance Plastic 1,204 1,420 18% 57% Mechatronics 38 67 75% 3% Structures & Control 471 512 9% 20% Systems Aftermarket 290 298 3% 12% Alternate Fuels - 23 +100% 1% Others 61 184 +100% 7% Total 2,064
Slide 23: 9MFY25 – Segment & Customer wise Performance
9MFY25 – Segment & Customer wise Performance Segment Wise Revenue Customer Wise Revenue 6% 5% 9% 8% 22% 21% 26% 27% 12% 14% 47% 50% 4% 4% 9MFY24 9MFY25 9MFY24 9MFY25 5% 8% 5% 15% 15% 5% 25% 8% 24% 8% 14% 12% M&M After Market HMSI TATA PV 2/3 Wheeler After Market CV Others Bajaj MSIL LIL Others (Misc
Slide 24: Key Consolidated Ratios
Key Consolidated Ratios Adjusted RoE Adjusted RoCE Dividend Per Share 21.0% 28.2% 5.50 26.5% 16.5% 22.4% 4.50 14.0% 3.50 12.8% 14.9% 16.3% 3.00 8.9% FY21 FY22 FY23 FY24 9MFY25 FY21 FY22 FY23 FY24 9MFY25 FY21 FY22 FY23 FY24 Long Term Debt / Equity Asset Turns (x) 0.62 2.68 2.43 0.52 0.53 2.23 1.84 1.
Slide 25: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement* Particulars (Rs. in Crores.) Q3FY25 Q3FY24 Y-o-Y Q2FY25 Q-o-Q 9MFY25 9MFY24 Y-o-Y Revenue 905.6 732.5 24% 842.3 8% 2,503.8 2,064.4 21% Raw Material Consumption 587.1 456.7 541.9 1,609.5 1,303.6 Employee Expenses 120.1 93.9 113.9 341.9 271.3 Other Expenses 80.5 7
Slide 26: Balance Sheet
Balance Sheet ASSETS (Rs. in Crores.) Sep-24 Mar-24 EQUITY & LIABILITIES Sep-24 Mar-24 Non-current assets Equity Property, plant and equipment 570.5 575.5 Equity Share capital 13.6 13.6 Capital work-in-progress 70.1 35.8 Non-Controlling Interest 240.3 223.7 Investment Property 22.6 22.9 Other equity
Slide 27: Cashflow Statement
Cashflow Statement Particulars (Rs. in Crores.) H1FY25 H1FY24 PBT 126.3 96.4 Adjustments 65.4 75.4 Operating profit before working capital changes 191.7 171.8 Changes in working capital -9.1 -23.3 Cash generated from operations 182.6 148.5 Direct taxes paid (net of refund) -32.5 -35.9 Net Cash from
Slide 28: Annexures
LUMAX Annexures
Slide 29: Strong JV Partners
Strong JV Partners IAC India Mannoh Cornaglia Shift levers (AT and MT), Spare Vehicle Interior Systems & Air filters, Plastic fuel tanks, and Products wheel carriers, Forged cutting Components Urea tank products No of Plants 5 3 2 Key Customers MSIL, M&M, Toyota, TATA, Tata, Toyota, Volkswagen, M&M
Slide 30: Strong JV Partners
Strong JV Partners Alps Alpine Ituran Yokowo Antennas & other vehicle Products Electric devices and components Telematics communication products No of Plants 1 1 1 Key Customers MSIL, HMSI Dialmer HCIL, Toyota Order Book Rs 110 Crores - Rs 50 crores Key Financials (FY24) Revenue EBITDA PAT Revenue E
Slide 31: Strong JV Partners
Strong JV Partners JOPP FAE Greenfuel Energy Control Housing, Monostable E- Products shifters, Smart Actuator, Shift Oxygen Sensors CNG Products Tower No of Plants 1 1 2 Key Customers M&M, MSIL REML, M&M MSIL & Tata Order Book Rs 40 Crores Rs 60 Crores Rs 200 crores Key Financials (FY24) Revenue EBI
Slide 32: About DK Jain Group
LUMNAX About DK Jain Group
Slide 33: About Lumax Group
About Lumax Group Building an admired high Respect Integrity Our performance Global Our We deliver Pride and Progress Our Organization in whom all Vision stakeholders have absolute Purpose with Positivity Values Passion Excellence trust Leader in About DK Jain Group Automotive 40 Manufacturing Over
Slide 34: Lumax Group - Two Listed Entities
Lumax Group - Two Listed Entities Lumax Auto Technologies Lumax Industries Partnerships & JV’s Partnerships & JV’s Cornaglia – Italy JOPP - Germany Mannoh – Japan Alps Alpine – Japan Stanley – Japan Ituran – Israel FAE – Spain IAC – USA Greenfuel - India Group SL Corporation - Ko
Slide 35: Thank You
Thank You For further information, please contact: Company Investor Relations Lumax Auto Technologies Limited Strategic Growth Advisors Pvt. Limited CIN: L31909DL1981PLC349793 CIN: U74140MH2010PTC204285 Ms. Priyanka Sharma Mr. Shogun Jain / Mr. Sagar Shroff priyanka.sharma@lumaxmail.com shogun.jain@
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