Apollo Tyres Limited. · NSE:APOLLOTYRE
Apollo Tyres — Q1 FY23 Earnings Presentation
12 slides from Apollo Tyres's earnings presentation, Aug 16, 2022
Slide 1: Stock exchange cover letter: Investor Presentation Q1 FY23
ATL/ SEC-21 August 16, 2022 The Secretary, The Secretary, National Stock Exchange of India Ltd., BSE Ltd. Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400001. Mumbai - 400 051 Sub: Investor Presentation-Q1 FY23 Dear Sirs, Pursuant to Regulation
Slide 2: Earnings Presentation | Q1 FY23
Earnings Presentation | Q1 FY23
Slide 3: Disclaimer
Disclaimer These materials have been prepared by Apollo Tyres Limited together with its subsidiaries (the “Company”), are for informational purposes only and do not constitute a prospectus or an offer document, or form part of an offer, solicitation or invitation of any offer to purchase or subscrib
Slide 4: Consolidated Financial Snapshot
Consolidated Financial Snapshot Q1 FY23 Financial Performance Revenue EBITDA EBITDA Margins Q1 FY23 Operational Highlights INR 59,420 Mn INR 6,898 Mn 11.6% • Both India and Europe reported strong double-digit Y-o-Y Y-o-Y Y-o-Y growth in top line (YoY) helped by volume growth and +30% +22% -75 Bps pr
Slide 5: Performance Summary – YTD FY23
Performance Summary – YTD FY23 Revenue Revenue Mix Mix Consolidated– Consolidated –YTD YTDFY23 FY22 Consolidated Consolidated By Region Others, Revenue of EBITDA of 4% ~₹59 Bn ~₹7 Bn (11.6%) Europe1, 26% Capacity Utilization India Europe 81% 88% APMEA, 70% Note: 1. Europe Includes operations of Reif
Slide 6: Operating Highlights – India
Operating Highlights – India Revenue (₹ Mn) Q1 FY23 44,362 • Quarter was marked by continued cost inflation and well-timed price actions across categories. 32,200 • Despite adverse environment, reported 38% YoY / 11% QoQ increase in revenues and sequential improvement in EBITDA margin. • Pricing env
Slide 7: Operating Highlights – Europe
Operating Highlights – Europe1 Q1 FY23 Revenue (€ Mn) • PCLT market grew in mid single digits, in line with 170 historical trends. All season continued to outgrow 151 overall market with strong double-digit growth. 150 • Undertook price hikes to the extent of 6% - 9% during 130 114 the quarter (PCR,
Slide 8: Consolidated Cash Flow & Balance Sheet Highlights
Consolidated Cash Flow & Balance Sheet Highlights Capex (₹ Bn) 18 12 Key Highlights • Capex in line with guidance. • Marginal increase in net debt from ₹ 47bn (Mar ’22) to ₹ FY21 FY22 51bn (Jun ‘22). • Net Debt increase on account of lower cash & cash equivalents. The gross debt during the period ha
Slide 9: Financial Statements
Financial Statements
Slide 10: Profit & Loss (Quarterly) – Consolidated
Profit & Loss (Quarterly) – Consolidated Particulars (₹ Mn) Q1 FY23 Q1 FY22 Q4 FY22 % Change - YoY % Change - QoQ Revenues 59,420 45,845 55,783 30% 7% Raw Material 1 34,005 23,563 31,107 Staff Cost 6,453 6,536 6,383 Other Costs 10,229 7,396 9,528 EBITDA 6,898 5,668 6,264 22% 10% EBITDA Margin (%) 11
Slide 11: Profit & Loss (Quarterly) – Standalone
Profit & Loss (Quarterly) – Standalone Particulars (₹ Mn) Q1 FY23 Q1 FY22 Q4 FY22 % Change - YoY % Change - QoQ Revenues 44,362 32,200 39,880 38% 11% Raw Material 1 29,883 20,692 26,910 Staff Cost 2,604 2,623 2,462 Other Costs 6,259 5,049 5,986 EBITDA 4,288 3,336 3,761 29% 14% EBITDA Margin (%) 9.7%
Slide 12: Thank you
For further details please feel free to get in touch with the IR team Himanshu Sharma Head – IR & Budgeting himanshu.sharma1@apollotyres.com Thank you