Slide 1: Investor Presentation
Investor Presentation Schaeffler India Limited November 09, 2017 Investor Presentation
Slide 2: Agenda
Agenda 1 Economy & Market 2 Financial update Q3 / 9M - 2017 3 Merger update 4 Key takeaways Investor Presentation
Slide 3: Macroeconomic Performance
1 Economy & Market Macroeconomic Performance GDP growth [1] IIP – Overall (% YoY) [1] Key aspects Transitionary impact from GST ongoing 9.1 7.9 7.5 5.1 7.0 Core industry and IIP are expected to 6.1 4.4 4.3 5.7 4.2 3.5 3.1 stabilize as manufacturers start to re- 2.9 2.4 build inventories post GST
Slide 4: Core Industry Development
1 Economy & Market Core Industry Development Cement Production (Mio T) Steel Production (Mio T) Y 2017 Y 2016 222.5 Y 2017 Y 2016 73.5 Y 2016 Y 2017 210.8 Y 2016 Y 2017 78.8 Growth -5.3% Growth 7.2% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Y 201
Slide 5: Mobility Market Development
1 Economy & Market Mobility Market Development Two and Three Wheelers (T units)[1] Commercial Vehicles (T units)[1] Y 2017 Y 2016 16,119 Y 2017 Y 2016 623 Y 2016 Y 2017 16,792 Y 2016 Y 2017 601 Growth 4.2% Growth -3.5% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug S
Slide 6: Agenda
Agenda 1 Economy & Market 2 Financial update Q3 / 9M - 2017 3 Merger update 4 Key takeaways Investor Presentation
Slide 7: Schaeffler India Limited: Q3 Performance Highlights
2 Financial update Q3 / 9M - 2017 Schaeffler India Limited: Q3 Performance Highlights Total income (Net)[1] in INRm Key aspects 4.2% Revenue growth 7.4% Q3/2017 vs. Q2/2017 due to growth in 7.4% Automotive sectors including Passenger cars, Commercial vehicle, Tractors, Two wheelers and Distributio
Slide 8: Schaeffler India Limited: 9M Performance Highlights
2 Financial update Q3 / 9M - 2017 Schaeffler India Limited : 9M Performance Highlights Total income (Net)[1] in INRm Key aspects Revenue growth 5.7% 9M/2017 vs. 9M/2016 due to growth in 5,103 4,897 4,820 4,768 4,750 4,644 Passenger vehicles, Commercial vehicles, Agricultural Tractors, 4,285 18,646
Slide 9: Schaeffler India Limited: Q3 / 9M Performance Highlights
2 Financial update Q3 / 9M - 2017 Schaeffler India Limited : Q3 / 9M Performance Highlights Q3 2017 9M 2017 in million INR Q3 2016 Q3 2017 9M 2016 9M 2017 vs Q3 2016 vs 9M 2016 Total income (Net)[1] 4,897 5,103 205 4.2% 13,826 14,621 795 5.7% EBITDA 838 916 78 9.4% 2,333 2,701 367 15.7% % Margin 17.
Slide 10: Financial statements – 9M 2017 and pro forma
2 Financial update Q3 / 9M - 2017 Financial statements – 9M 2017 and pro forma Key financials Schaeffler India Ltd. INA Bearings India Pvt. Ltd. LuK India Pvt. Ltd. Schaeffler India Ltd. (proforma[4]) INRm CY16 H1CY17[1] 9MCY17 CY16 H1CY17[1] 9MCY17 CY16 H1CY17[1] 9MCY17 CY16 H1CY17 9MCY17 Total inc
Slide 11: Agenda
Agenda 1 Economy & Market 2 Financial update Q3 / 9M - 2017 3 Merger update 4 Key takeaways Investor Presentation
Slide 12: Transaction expected to be completed in 2018 and is currently on track
3 Merger update Transaction expected to be completed in 2018 and is currently on track Expected date Key events ► Requisite applications submission to BSE, NSE and SEBI for approvals Q3CY17 ► BSE, NSE and SEBI approvals Q4CY17 ► Applications to NCLT (Mumbai and Chennai benches) in India Q4CY17 ► N
Slide 13: Revenue synergy potential of 4,700 INRm on an annualized basis by 5 years
3 Merger update Revenue synergy potential of 4,700 INRm on an annualized basis by 5 years Sources of Revenue synergy potential [INRm] 560 - 700 3,760 - 4,700 3,200 - 4,000 Bundling Opportunity Distribution Network Enhanced content / car on next Expanded geographic coverage generation platforms
Slide 14: Cost synergy potential of 500 INRm on an annualized basis by 3 years
3 Merger update Cost synergy potential of 500 INRm on an annualized basis by 3 years Sources of Cost synergy potential [INRm] 160 - 200 400 - 500 240 - 300 Optimizing Warehousing and Efficiency Freight Movement Improvements Reduced cost of freight movement Re-organization of internal sales Optim
Slide 15: Agenda
Agenda 1 Economy & Market 2 Financial update Q3 / 9M - 2017 3 Merger update 4 Key takeaways Investor Presentation
Slide 16: Key takeaways: One strong Schaeffler entity in India
4 Key takeaways One strong Schaeffler entity in India 1 Economy expected to improve as the transitionary impact of GST starts fading away 2 Automotive remained strong – Raw material improving – Wind showing signs of weakness 3 One strong Q3 performance reflects improved sales and earnings Schaeffler
Slide 17: Disclaimer
Disclaimer The information contained in this presentation is provided by Schaeffler India Limited (“the Company”), to you solely for your reference. This document is being given solely for your information and for your use and may not be retained by you and neither this presentation nor any part the
Slide 18: Thank you for your attention
Thank you for your attention Investor Presentation