Jk Tyre & Industries Limited · NSE:JKTYRE
Jk Tyre & Industries — Q3 FY2024 Earnings Presentation
26 slides from Jk Tyre & Industries's earnings presentation
Slide 1: Investor’s Presentation – Q3FY2024
Investor’s Presentation – Q3FY2024
Slide 2: Company Overview
Company Overview
Slide 3: JK Tyre at a Glance
JK Tyre at a Glance Leading tyre manufacturing company in India with significant brand presence globally FY23 Consolidated Financials ❖ Pioneer of radial technology in India and No. 1 in Truck/Bus Radial (TBR) INR 263 Cr. INR 14,681 Cr. INR 1,334 Cr. manufacturer YoY Growth 22% YoY Growth 20% YoY Gr
Slide 4: Strong Customer Connect and OEM Presence
Strong Customer Connect and OEM Presence.. Passenger Car Tractor Truck & Bus OTR 2-Wheeler 2-Wheeler – Electric 4
Slide 5: Management Team
Management Team Dr. Raghupati Singhania Chairman & Managing Director Anshuman Singhania Arun K. Bajoria Anuj Kathuria A. K. Kinra Sanjeev Aggarwal V. K. Misra Managing Director Director & President – Int. President - India Financial Advisor CFO Technical Director Dr. R. Mukhopadhyay A. K. Makkar Sri
Slide 6: Combined Installed capacity of about 34 million tyres/annum
Combined Installed capacity of about 34 million tyres/annum 1 Presence in Mexico (JK Tornel) Kankroli (Rajasthan) 3 Laksar (Uttarakhand) Bus/Truck Farm Others 2/3-Wheeler Bus/Truck Farm 1 1 Hidalgo Banmore (Madhya Pradesh) 1 1 Tultitlan Passenger (Radial) Azcapotzalco 3 1 Bus/Truck Passenger Others
Slide 7: Innovative products are conceptualized indigenously by strong R&D team
Innovative products are conceptualized indigenously by strong R&D team “Raghupati Singhania Centre of Excellence (RPSCOE), Mysore, Karnataka ✓ Asia's first and India’s foremost highly versatile and State-of-the-art Tyre / Elastomer Institute with over 200 R&D and Technology scientists working in JK
Slide 8: Digital marketing initiatives
Digital marketing initiatives Social Media Content Marketing Google My Business 1 Widespread Social Media Presence 2 Content Oriented Digital Marketing No.1 Tyre Brand at Social Media Tyre Industry Highest no. of 600+ Brand Shops listed at Google in terms of Followers at views at YouTube 77Mn+ for M
Slide 9: Diversified product portfolio catering to consumers across segments
Diversified product portfolio catering to consumers across segments.. Portfolio of Products catering to full range of vehicle segments JK Tyre is first company in India to introduce Truck/Bus Radial Tyres Truck/Bus Truck/Bus LCV/SCV LCV/SCV Farm Passenger Car Radial Bias Radial Bias Radial & Bias Ra
Slide 10: JK Tyre is premiumizing products across its portfolio
JK Tyre is premiumizing products across its portfolio Truck/Bus Passenger ✓ Premiumization in both Radial & Bias categories ✓ Ultra-high-performance tyres “Levitas Ultra” ✓ Has vast range of fuel-efficient next generation ✓ Low resistance and noise level “Ranger HPe” premium SKUs like “Jetsteel JDC-
Slide 11: Backed by launch of various innovative products
Backed by launch of various innovative products.. Technologically advanced and eco-friendly tyres in line with market requirements TBR - JUH XF & JDH XF Puncture Guard Tyre Levitas Ultra (UHP) ✓ Fuel Saver Technology Design ✓ Self-repair multiple punctures ✓ Utmost Comfort ✓ Low RRC & Low Noise ✓ Ha
Slide 12: Complemented by new generation products
..complemented by new generation products Smart Tyres Puncture Guard Tyres Acquired smart tyre technology company in 2019 - First in India to launch Tyre Pressure Monitoring System (TPMS) based on sensor technology. Reduces fuel bills by Enhances tyre life increasing fuel efficiency Real time asset
Slide 13: Brand Accolades
Brand Accolades Recognised for “ET ICONIC BRANDS OF INDIA 2022” Conferred “SUPER BRANDS 2023” 13
Slide 14: Key Marketing Initiatives: Levitas Ultra (UHP Tyre)
Key Marketing Initiatives LEVITAS ULTRA (UHP TYRE) - Best in class ride quality & experience - Lowest cabin noise & high cornering stability - Shortest braking distance in dry & wet conditions - Speed Rating – W and Y with 5 star fuel savings Launch of “ The Levitas Ultra (Ultra High Performance) –
Slide 15: Key Marketing Initiatives: ICOTY and IMOTY
Key Marketing Initiatives Indian Car of the Year [ICOTY] Indian Motorcycle of the Year [IMOTY] Presented 19th edition of ICOTY & IMOTY Awards 2024, most coveted awards, a platform created by JK Tyre. 15
Slide 16: And establishing strong presence globally
..and establishing strong presence globally 800+ 30+ 1,300+ 138 67 6,000+ SKUs Mobility Customers Fleet Operators Dealers Distributors Dealers & Distributors 700+ 77 140+ Brand Shops Retread Centres Sales, Service & Stocking Points North & Latin Mexico America India 72 Distributors 63 Distributors A
Slide 17: Providing multiple growth verticals for the company
…providing multiple growth verticals for the company Revenue Mix by Market – Consolidated Exports 16% Exports 17% OEMs 9MFY24 FY23 23% Replacement OEMs Replacement 61% 23% 60% Revenue Mix by Product Line – Consolidated Others 13% Others 14% 2/3 Wheelers 4% 2/3 Wheelers 4% 9MFY24 Truck and Bus FY23 T
Slide 18: Q3FY24 Financial Performance Highlights
Q3FY24 Financial Performance Highlights Consolidated (Rs. in crore) Standalone (Rs. in crore) y-o-y y-o-y Particulars Q3FY24 Q2FY24 Q3FY23 Q3FY24 Q2FY24 Q3FY23 change change Turnover 3,700 3,905 3,623 2% 2,574 2,684 2,488 3% EBITDA 563 597 349 61% 373 395 218 72% Margin 15.2% 15.3% 9.6% +557 bps 14.
Slide 19: 9MFY24 Financial Performance Highlights
9MFY24 Financial Performance Highlights Consolidated (Rs. Crore) Standalone (Rs. Crore) Particulars 9MFY24 9MFY23 % change 9MFY24 9MFY23 % change Turnover 11,332 11,037 3% 7,720 7,246 7% EBITDA 1,625 946 72% 1051 575 83% Margin 14.3% 8.6% 577 Bps 13.6% 7.9% 568 Bps PBDT (Cash Profit) 1,287 617 109%
Slide 20: Strategy for Growth
Strategy for Growth Management remains fully committed to implement its strategy to further expand its market presence Strengthen Increase Product Maximizing Market Global Deleverage Portfolio Benefits of Position across Presence Balance Sheet Premiumization Acquisitions Segments 1. Focus on increas
Slide 21: Sustainability at JK Tyre
Sustainability at JK Tyre The Company strengthened its ESG initiatives around 5P’s sustainability platform Productivity (Resource Conservation) People (Safety Peace & & Wellbeing) Partnership 5Ps Sustainability* Poverty Protect (Standard of (Environment) living) * Conceptualized by JK Tyre 21
Slide 22: JK Tyre secured ‘Best in Class’ rating on ESG performance - CareEdge
JK Tyre secured ‘Best in Class’ rating on ESG performance - CareEdge JK Tyre’s ESG performance is driven by strong commitment and performance on majority themes to ensure ESG integration. JK Tyre ESG Score Vs. Avg. Industry Score 78 65 Industry Average Industry Best - JK Tyre Environment (89) – Long
Slide 23: Sustainability Initiatives at JK Tyre
Sustainability Initiatives at JK Tyre.. Sustainability initiatives & practices leading to resource conservation and manufacturing excellence Research & ▪ Usage of Bio sourced materials Development Led ▪ Higher usage of recycled material Product Development ▪ Continuous improvement in RRC ( Rolling R
Slide 24: Sustainability Initiatives at JK Tyre (contd…)
Sustainability Initiatives at JK Tyre (contd…) Specific Power Consumption – Kwh / Kg Recognitions to our efforts 0.937 0.894 0.863 0.874 0.810 0.802 “Among the India’s top 30 Most Sustainable 0.783 companies, organized by Business World” 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 Reduci
Slide 25: Sustainability – Environment
Sustainability – Environment Safety – Reportable Incident (Nos.) Energy Consumption (GJ / Tonne) 27 22 17 11.24 10.70 10.26 10.36 9.50 9.38 8.95 6 5 4 4 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 All Plants awarded with “Sword of H
Slide 26: &K Skerry ree
&K Skerry ree TOTAL CONTROL JK TYRE & INDUSTRIES LTD. HEAD OFFICE | REGISTERED OFFICE AND WORKS 3, Bahadur Shah Zafar Marg, | Jaykaygram, PO-Tyre Factory New Dethi-110002 | Kankroli - 313 342, Rajasthan T:491-11-66001112 « F: +91-11-23322059 | T: 02952-302400/330011 « F: 02952-232018 CIN:L67120RJ195
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