Automotive Axles Limited · NSE:AUTOAXLES
Automotive Axles — Q2 FY24 Earnings Presentation
13 slides from Automotive Axles's earnings presentation, Nov 9, 2023
Slide 1: Automotive Axles Limited – Investor Presentation Intimation
AUTOMOTIVE AXLES LIMITED 9th November 2023 The BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G- Block Dalal Street Bandra (E) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 505010 Scrip Code: AUTOAXLES Attn: Listing Department Dear Sir/Ma
Slide 2: Automotive Axle Limited Investor Presentation
AUTOMOTIVE AXLE LIMITED INVESTOR PRESENTATION I Public C Meritor ~ ~ 1 KALYANI I I I
Slide 3: Automotive Axle Limited
AUTOMOTIVE AXLE LIMITED AAL established in April 21,1981 is a leading supplier of drivetrains, braking, suspension system and aftermarket for commercial vehicles and Products industrial segment 4 Manufacturing Sites 2 -2600+ Major Customers Employees 2 2.2M+ axles on road #1 Axles(Independent) #2 Br
Slide 4: New Products in Pipeline
New Products in Pipeline MT 160 TLB MT 145/846 12i 14i Tandem Axle Solo HR Axle Tandem & HR Axle Solo Axle Solo Axle 8x4 Tipper Backhoe & 6x4 Tipper Up to 14T Up to 19T DCDL Optional Loader DCDL Optional GVW Truck GVW Truck Public 3
Slide 5: Destination Zero ESG Initiatives
ESG Initiatives Destination Zero 80% of Power consumption through renewable energy by 2028 Reducing packaging in Reduce emission in End-Customer Supply chain Supply chain recycling Renewable energy Other social issues Water Positive Changing consumer Diversify and - Employee safety, preferences incl
Slide 6: Financial Performance Q2 FY23-24
Financial Performance Diverse End Markets Q2 FY23-24 Revenue: 5882 Mil INR EBITDA: 699 Mil INR PBT: 604 Mil INR Public 5
Slide 7: Financial Slide
Values in INR Mn Financial Slide Apr-Mar Q2 FY24 Performance YTD FY24 Performance Sales Sales 5882 24% 15% 4759 11224 9772 Q2 FY24 Q2 FY23 YTD FY24 YTD FY23 EBIDTA EBIDTA 35% 1308 25% 699 516 1043 11.6% 10.7% 11.9% 10.9% YTD FY24 YTD FY23 Q2 FY24 Q2 FY23 604 405 1112 821 PBT PBT 35% 49% 9.9% 8.4% 8.
Slide 8: India Economy Outlook
FY: Apr-Mar India Economy Outlook GDP Growth (YoY) – FY2023 Forecast IIP Growth% (YOY) 9 9.5 15.5 8.3 8 8.2 6.9 7.4 7.2 6.8 7 6.3 6.4 6.1 6.5 11.4 5.5 4.0 8.2 5.3 5.2 6.1 4.0 3.3 4.6 4.4 3.8 2.5 2.9 3.3 3.3 -0.7 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24E FY
Slide 9: Market Outlook
FY: Apr-Mar Market Outlook MHCV Production 122 123 124 117 114 116 107 105 102 96 93 95 98 97 90 80 62 64 53 53 49 46 33 8 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY19: 476K (27%) FY20: 251K (-47%) FY21: 197K (-21%) FY22: 297K (51%) FY23 : 407K (37%) FY24 F : 420K (3%
Slide 10: Growth Strategy
FY: Apr-Mar Growth Strategy Status- On track AAL Vs MHCV Market Growth EBITDA% --------..-1-0- ... 4% 2,329 1,942 Market share Revenue New Product Modular design 1,494 (Axles & Brakes) growth 476 407 960 913 297 197 Enhance 251 Profitability 11.9% 10.5% 7.9% 9.3% 11.3% Operation Excellence 2018-19 2
Slide 11: Emphasis on People and the Environment
Emphasis on People and the Environment Employee Management • Technical trainings • Employee Engagement • Employee Health & Wellbeing Corporate Responsibility Virtual & theory Practical Classroom Training Setup • Skill Development. • Public Park Development • Water Conservation • Driver’s development
Slide 12: Key Actions to Manage Business Successfully
Key Actions to Manage Business Successfully Employee Well-Being AatmaNirbhar Bharat Alt. technology/ Disruptive innovations/Value Engg. Compliance & Ethical Towards Zero Carbon code of Conduct Emission Public 11
Slide 13: Thank You
THANK YOU Public 12