Triton Valves Limited · BSE:TRITONV
Triton Valves — Investor Presentation (September 2024)
35 slides from Triton Valves's investor presentation, Sep 20, 2024
Slide 1: Presentation to Investors (20.09.2024)
Triton Valves Ltd Presentation to Investors(20.09.2024)
Slide 2: Safe Harbour
SAFE HARBOUR This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any securities of Triton Valves Limited (“TVL”, “Triton”, "Company“), nor shall part, or all, of this document form the basis of, or be relied on in connectio
Slide 3: The Visionary: Always Do Path Breaking Work
THE VISIONARY ‘ALWAYS DO PATH BREAKING WORK’ Triton Valves Limited 3
Slide 4: Table of Contents
TABLE OF CONTENTS 1. About the Company 2. Industry Trends & Growth Drivers 3. Snapshots of Annual General Meeting 4. Financial Highlights Expanding Horizons Endless Opportunities Triton Valves Limited 4
Slide 5: Table of Contents
TABLE OF CONTENTS 1. About the Company 2. Industry Trends & Growth Drivers 3. Snapshots of Annual General Meeting 4. Financial Highlights Expanding Horizons Endless Opportunities Triton Valves Limited 5
Slide 6: The Triton Group Key Figures
THE TRITON GROUP Key Figures Gurugram (Delhi) 300 + Direct Employees Jalisana Gujarat ₹ 428 crore Revenue in 2024 (FY’24) Chennai Bengaluru 3 Manufacturing Mysuru Plants Corporate Office Warehouse Manufacturing Plant Research & Development Center
Slide 7: Three Manufacturing Plants
THREE MANUFACTURING PLANTS TRITON VALVES LTD. ‘AUTOMOTIVE’ TRITONVALVES FUTURETECH PVT. LTD. ‘METALS’ TRITONVALVES CLIMATECH PVT. LTD. ‘CLIMATE CONTROL’ Triton Valves Limited 7
Slide 8: Group Structure
GROUP STRUCTURE • Established 1975 • Established 2020 • Established 2020 • Factory: Mysore, India • Factory: Mysore, India • Factory: Mysore, India • HQ: Bangalore • HQ: Bangalore • HQ: Bangalore • Listed BSE • Manufacture of extruded and • Manufacture of valves and • Manufacture of tyre valves, val
Slide 9: Product Range
PRODUCT RANGE Triton Valves Limited 9
Slide 10: Passenger Vehicle Customers
PASSENGER VEHICLE CUSTOMERS Triton Valves Limited 10
Slide 11: Truck & Bus Customers
TRUCK & BUS CUSTOMERS Triton Valves Limited 11
Slide 12: Two Wheeler Customers
TWO WHEELER CUSTOMERS Triton Valves Limited 12
Slide 13: Tyre & Tube Customers
TYRE & TUBE CUSTOMERS Triton Valves Limited 13
Slide 14: Tractor & Construction Equipment Customers
TRACTOR & CONSTRUCTION EQUIPMENT CUSTOMERS Triton Valves Limited 14
Slide 15: Wheel Customers
WHEEL CUSTOMERS Triton Valves Limited 15
Slide 16: HVAC Customers
HVAC CUSTOMERS Triton Valves Limited 16
Slide 17: Exports
EXPORTS Germany Indonesia Israel Italy Taiwan Thailand Turkey Switzerland UAE UK USA Vietnam Triton Valves Limited 17
Slide 18: Management System Certifications
MANAGEMENT SYSTEM CERTIFICATIONS IATF 16949 - 2016 ISO 14001:2015 ISO 45001:2018 QUALITY MANAGEMENT SYSTEM ENVIRONMENT MANAGEMENT SYSTEM HEALTH & SAFETY MANAGEMENT SYSTEM IATF 16949 ISO 14001:2015 ISO 45001:2018 Triton Valves Limited 18
Slide 19: Awards and Recognitions
AWARDS AND RECOGNITIONS Triton Valves Limited 19
Slide 20: Retail Network
RETAIL NETWORK Triton Valves Limited 20
Slide 21: Table of Contents
TABLE OF CONTENTS 1. About the Company 2. Industry Trends & Growth Drivers 3. Snapshots of Annual General Meeting 4. Financial Highlights Expanding Horizons Endless Opportunities Triton Valves Limited 21
Slide 22: Industry Trends & Growth Drivers
INDUSTRY TRENDS & GROWTH DRIVERS Automotive Business: (a) Automotive Industry is decisively moving to Tubeless/TPMS Technology (b) Replacement market at inflection point (c) Global sourcing moving towards a ‘China +1’ strategy; India, Indonesia, Vietnam, Thailand, Mexico potential gainers (d) Increa
Slide 23: Table of Contents
TABLE OF CONTENTS 1. About the Company 2. Industry Trends & Growth Drivers 3. Snapshots of Annual General Meeting 4. Financial Highlights Expanding Horizons Endless Opportunities Triton Valves Limited 23
Slide 24: Consolidated Revenue and EBITDA
Consolidated Revenue and EBITDA 450 428 48.0% 400 43.0% 39.3% 363 38.0% 350 322 33.0% 300 28.0% 250 242 23.0% 231 214 17.9% 18.0% 200 12.7% 13.0% 150 7.9% 8.0% 6.8% 3.0% 100 -2.0% 50 31 20 23 25 19 -7.0% 15 0 -11.6% -12.0% 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Sales EBITDA Sales Growth www
Slide 25: Standalone Revenue and EBITDA
Standalone Revenue and EBITDA 400 INR cr 28.0% 26.6% 350 343 23.0% 323 295 300 18.0% 250 242 13.0% 233 214 8.9% 9.5% 8.9% 200 8.0% 6.8% 150 3.0% 100 -2.0% 50 -7.0% 20 23 25 26 19 13 0 -11.6% -12.0% 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Sales EBITDA Sales Growth www.tritonvalves.com 25
Slide 26: Stand-alone Sales Trend (Net of Scrap sales) & EBITDA
Stand-alone Sales Trend (Net of Scrap sales) & EBITDA Values in INR cr, growth in % 300 20.00% 15.80% 253 15.00% 250 232 10.33% 210 10.81% 10.00% 195 8.84% 200 181 172 5.23% 5.00% 150 0.00% 100 -5.00% 50 -10.00% 20 23 25 25 -11.94% 19 13 0 -15.00% 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Prod
Slide 27: Brass – Market Size Estimate
Brass – Market Size Estimate 10 9 8.72 8.47 8.22 7.99 8 7.76 7.54 7 6 5 4 3 2 1.16 1.2 1.23 1.27 1.31 1.13 1 0 2019 2020 2021 2022 2023 2024 Global India www.tritonvalves.com 27
Slide 28: Brass – Market Size '000 MT
Brass – Market Size ‘000 MT 1600 1519 1473 1400 1274 1243 1200 1144 1096 1000 800 600 400 221 227 165 171 191 187 200 0 2019 2020 2021 2022 2023 2024 Global India www.tritonvalves.com 28
Slide 29: Market Estimate of Air Conditioner Production in India
Market Estimate of Air Conditioner Production in India 300 260 250 225 200 195 170 148 150 129 113 98 100 50 0 2022 2023 2024 2025 2026 2027 2028 2029 Lakh Units www.tritonvalves.com 29
Slide 30: Table of Contents
TABLE OF CONTENTS 1. About the Company 2. Industry Trends & Opportunities 3. Snapshots of Annual General Meeting 4. Financial Highlights Expanding Horizons Endless Opportunities Triton Valves Limited 30
Slide 31: Q1 FY25 Financial - Business Vertical and Consolidated
Q1 FY 25 Financial- Business vertical and Consolidated INR cr Q1 FY 25 Q1 FY 24 Variance For reference- Group Climate Climate Automotive Metals Control Group Automotive Metals Control Group Group FY 24 FY 23 1- Q1 FY 25 saw volatility in Revenue 89.20 77.82 11.54 105.88 84.60 72.14 3.51 106.14 -0.26
Slide 32: Q1 FY25 Financial - Balance Sheet
Q1 FY 25 Financial- Balance Sheet Consolidated (Group) INR cr Q1 FY 25 FY 24 FY 23 Non-current assets 97.87 97.06 107.09 1 Net PP&E 84.14 85.41 95.52 2 Financial assets 2.75 2.55 3.83 3 Other assets 10.98 9.10 7.74 Current assets 161.69 166.82 134.67 4 Inventories 90.70 76.42 69.12 Consolidated (Gro
Slide 33: Utilisation of Equity Money
Utilisation of Equity Money Cash Flow utilisation: Jun 2024 INR cr Funds raised 29.19 Investment: Capital Expenditure -1.53 Investment in Power Generating Co. -1.44 Loan repayment: Loan repayment- adhoc -4.08 Working capital facility reduced utilisation -3.10 Investment in subsidiaries towards inv.
Slide 34: Shareholding pattern
Shareholding pattern 27-03-2024 31-03-2024 13-09-2024 28-09-2025 Shares % holding Shares % holding Shares % holding Shares % holding Promoter/Group 5,49,604 52.8% 5,49,604 46.4% 5,48,604 46.4% 5,88,604 46.0% IEPF 1,245 0.1% 1,245 0.1% 1,245 0.1% 1,245 0.1% Public 4,89,178 47.0% 4,89,178 41.3% 4,90,1
Slide 35: End of Presentation
END OF PRESENTATION investors@tritonvalves.com Expanding Horizons Endless Opportunities 1
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