Balkrishna Industries Limited · NSE:BALKRISIND

Balkrishna Industries — Q3 FY2016 Earnings Presentation

16 slides from Balkrishna Industries's earnings presentation, February 2016

  1. Slide 1: Results Presentation February 2016

    Results Presentation February 2016

  2. Slide 2: Safe Harbor

    Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Balkrishna Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any

  3. Slide 3: Performance Highlights – 9MFY16

    Performance Highlights – 9MFY16 Rs. 2,501Cr Rs. 768Cr Rs. 413Cr -12.8% YoY 8.0% YoY 22.6% YoY Sales EBITDA PAT *Revenue EBITDA Volume % 106,938MT 30.7% 590bps YoY -6.9% YoY •Includes Other Operating Income + Crystallised Exchange (Loss)/Gain related to Sales 3

  4. Slide 4: Fall in Raw Material prices aiding performance

    Fall in Raw Material prices aiding performance Bangkok RSS3 India RSS4 Rubber(USD/100kg) 275 Natural 225 175 125 75 Average for WE 4 Jan 14 Average for WE 28 June Average for WE 20 Dec Average for WE 13 June Average for We Dec 5 2014 2014 2015 2015 115 105 95 Crude – WTI (USD) 85 75 65 55 45 35 25 J

  5. Slide 5: Key Highlights

    Key Highlights Particulars Q3FY16 Q3FY15 9MFY16 9MFY15 FY15 (Rs. Cr) Revenue* 835 981 2,501 2,868 3,893 EBITDA 274 265 768 711 1,004 EBITDA % 32.8% 27.0% 30.7% 24.8% 25.8% Normalized PBT # 189 190 531 493 721 Normalized PBT % 22.6% 19.4% 21.2% 17.2% 18.5% PAT 136 131 413 337 498 Volume (MT) 35,169 3

  6. Slide 6: Financial Snapshot Highlights – Q3FY16

    Financial Snapshot Highlights – Q3FY16 -15% +3% 981 274 265 Revenue (Rs. Cr.)* 835 EBITDA (Rs. Cr.) Q3FY15 Q3FY16 Q3FY15 Q3FY16 -1% +4% 190 189 131 136 Normalized PBT Profit After Tax (Rs. Cr.)# (Rs. Cr.) Q3FY15 Q3FY16 Q3FY15 Q3FY16 •Includes other operating income + Crystallised Exchange (Loss)/Gai

  7. Slide 7: Cash Holdings

    Net Long Term Debt to Equity at 0.18x 50 1,695 In Rs. Cr -21 Long Term Debt -340 40 13 1,437 Q2FY15 Q3FY15 Q4FY15 Q1FY16 Q2FY16 Q3FY16 Current Long Term Debt 149 956 203 112 Cash Holdings 189 483 -180 Q2FY15 Q3FY15 Q4FY15 Q1FY16 Q2FY16 Q3FY16 Current Cash Holdings Net Long Term Debt to Equity improv

  8. Slide 8: Sales Performance

    Sales Performance In MT +8.43% 154,156 142,810 138,339 133,039 111,543 106,938 FY11 FY12 FY13 FY14 FY15 9MFY16 Achieved sustainable sales growth despite challenging Global environment 8

  9. Slide 9: Geographical Performance

    Geographical Performance Geographical Sales – 9MFY16 53.0% 15.6% 15.5% 15.9% Europe Americas RoW* India * RoW – Rest of the World includes Middle East, Asia (excl India), Africa, Australia & New Zealand 9

  10. Slide 10: Segmental Performance

    Segmental Performance Segmental Sales – 9MFY16 Others 4% OTR 34% 62% Agriculture 10

  11. Slide 11: Channel wise Performance

    Channel wise Performance Sales Channel – 9MFY16 Others 3% OEM 22% 75% Replacement 11

  12. Slide 12: Financial Highlights

    GROWING TOGETHER Financial Highlights 12

  13. Slide 13: Financial Highlights – 9MFY16

    Financial Highlights – 9MFY16 Particulars in Rs.Crs Q3 FY16 Q3 FY15 YoY % 9M FY16 9M FY15 YoY% FY15 Sales (MT) 35,169 38,382 -8% 106,938 114,865 -7% 1,54,156 Net Sales 739 913 2,338 2,734 3,606 Other Operating Income 11 10 24 29 33 Crystallised Exchange (Loss)/Gain 86 58 139 105 253 related to Sales

  14. Slide 14: Balance-Sheet as on 30th September, 2015

    Balance-Sheet as on 30th September, 2015 Rs. Crs. Sep-15 Mar-15 Rs. Crs. Sep-15 Mar-15 Shareholder’s Fund 2,568 2,292 Non-current assets 3,283 3,275 Share capital 19 19 Fixed assets 3,127 3,049 Reserves & Surplus 2,549 2,273 Long-term loans and advances 148 168 Non-current liabilities 1,041 1,549 No

  15. Slide 15: Applications of our Tires

    Applications of our Tires Agriculture Tires Cotton Pick Harvester Tractor Vineyard Harvester Pivot Irrigator Industrial Tires Loader Regular Dumper Trailer OTR Tires Load Haul Dump Underground Mining Container Handler 15

  16. Slide 16: For further information, please contact:

    For further information, please contact: Company : Investor Relations Advisors : Balkrishna Industries Ltd. Strategic Growth Advisors Pvt. Ltd. CIN - L99999MH1961PLC012185 CIN - U74140MH2010PTC204285 Mr. B K Bansal, Director - Finance Mr. Shogun Jain / Ms. Sanjita Ghosh bkbansal@bkt-tires.com jshogu

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