Balkrishna Industries Limited · NSE:BALKRISIND
Balkrishna Industries — Q1 FY16 Earnings Presentation
17 slides from Balkrishna Industries's earnings presentation, August 2015
Slide 1: Results Presentation August 2015
Results Presentation August 2015
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
Slide 3: Key Highlights
Key Highlights Particulars (Rs. Cr) Q1FY16 Q1FY15 FY15 Revenue* 870 959 3,893 EBITDA 246 239 1,004 EBITDA % 28.2% 25.0% 25.8% Normalized PBT # 172 170 721 Normalized PBT % 19.8% 17.8% 18.5% PAT 152 115 498 Volume (MT) 37,436 39,202 154,156 Net Long Term Debt/Equity 0.28x 0.61x 0.49x Repaid USD 58m
Slide 4: Quarterly Highlights
Quarterly Highlights Rs. Cr Revenue* EBITDA Normalized PBT# +3% +1% -9% 959 246 170 172 239 870 Q1FY15 Q1FY16 Q1FY15 Q1FY16 Q1FY15 Q1FY16 •Includes other operating income + Crystallised Exchange (Loss)/Gain related to Sales •# Normalized PBT excludes Other Income 4
Slide 5: BKT – Increasing focus on Indian Markets
BKT – Increasing focus on Indian Markets (Click here) for BKT commercial advertisement for Indian Markets Signs Mr. Sunny Deol as Brand Ambassador 5
Slide 6: Sales Performance
Sales Performance In MT +8.43% 154,156 142,810 138,339 133,039 111,543 37,436 FY11 FY12 FY13 FY14 FY15 Q1FY16 Sustainable sales growth despite challenging Global environment 6
Slide 7: Geographical Performance
Geographical Performance Geographical Sales – Q1FY16 54.2% 16.2% 15.2% 14.3% Europe Americas RoW* India * RoW – Rest of the World includes Middle East, Asia (excl India), Africa, Australia & New Zealand 7
Slide 8: Segmental Performance
Segmental Performance Segmental Sales – Q1FY16 Others 4% OTR 33% 64% Agriculture 8
Slide 9: Channel wise Performance
Channel wise Performance Sales Channel – Q1FY16 Others 4% OEM 22% 74% Replacement 9
Slide 10: Financial Highlights
GROWING TOGETHER Financial Highlights 10
Slide 11: Financial Highlights – Q1FY16
Financial Highlights – Q1FY16 Particulars in Rs.Crs Q1 FY16 Q1 FY15 YoY % FY15 FY14 YoY% Sales (MT) 37,436 39,202 -5% 1,54,156 1,42,810 8% Net Sales 821 946 3,606 3,536 Other Operating Income 5 13 33 41 Crystallised Exchange (Loss)/Gain 45 0 253 -97 related to Sales Total Sales Revenue 870 959 -9% 3
Slide 12: Debt Management
Debt Management 1,384 In Rs. Cr 695 Long Term loans are dollar denominated and Net Long 689 Term Debt to Equity is at 0.28x as on June 2015 USD 58mn was repaid in Q1-FY16 Company has cash & cash equivalents of Rs. 695 cr invested in Debt Mutual Funds & Bank Fixed Deposits Total Long Cash & Cas
Slide 13: Balance-Sheet FY15
Balance-Sheet FY15 Rs. Crs. Mar-15 Sep-14 Rs. Crs. Mar-15 Sep-14 Shareholder’s Fund 2,292 2,087 Non-current assets 3,275 3,274 Share capital 19 19 Fixed assets 3,049 2,941 Reserves & Surplus 2,273 2,068 Long-term loans and advances 168 117 Non-current liabilities 1,549 1,568 Non-current investments
Slide 14: Roadmap for future growth
KT] GROWING TOGETHER Roadmap for future growth 14
Slide 15: Roadmap for future growth
Roadmap for future growth Increase Utilization Ramp up sales from Bhuj Plant to reach 100% utilization by 2019 Utilization Expand OEM Base Increase our exposure to OEM thereby creating brand OEM Base value and pull factor in the Replacement Market Penetrate Geographies Focus energies towards Emergin
Slide 16: 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 16
Slide 17: 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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