Kirloskar Oil Engines Limited · NSE:KIRLOSENG

Kirloskar Oil Engines — Q3 FY25 Earnings Presentation

25 slides from Kirloskar Oil Engines's earnings presentation, Feb 12, 2025

  1. Slide 1: Exchange filing cover letter

    Date: 12th February 2025 BSE Scrip Code: 533293 NSE Scrip Code: KIRLOSENG To To Corporate Relationship Department Listing Department BSE Limited National Stock Exchange of India Ltd. 1st Floor, Rotunda Building, Exchange Plaza, C -1, Block G, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E), Mum

  2. Slide 2: Earnings Call Presentation Q3 FY25

    Earnings Call Presentation Q3 FY25 12th February 2025 GROWTH From Innovation to Impact

  3. Slide 3: Disclaimer & Safe Harbor Statement

    DISCLAIMER & SAFE HARBOR STATEMENT Statements in this presentation, particularly those which relate to management’s views and analysis, describing the Company’s objectives, projections, estimates and expectations may constitute “forward looking statements” within the meaning of applicable laws and r

  4. Slide 4: KOEL Group

    KOEL GROUP La-Gajjar Arka Financial Kirloskar Americas Machineries Holdings (P) Ltd4 Corporation2 (P) Ltd1 (100%) (100%) (100%) Engines LPG, LLC dba Arka Investment KOEL- Earnings Call – Q3 FY25 – KOEL Group Arka Fincap Ltd3 Wildcat Power Gen6 Advisory Services (99.998%) (51%) (P) Ltd5 (100%) 1 76%

  5. Slide 5: Content

    CONTENT  STRATEGY  BUSINESS OVERVIEW  FINANCIAL OVERVIEW  LONG TERM STRATEGY 4

  6. Slide 6: Our 2X-3Y Strategy

    OUR 2X–3Y STRATEGY Looking to drive exponential growth from FY 2022 - FY 2025 2X-3Y Strategy: Grow 2 times in 3 years 2X-3Y Strategy Pillars Revenue ₹ 65 Bn Growth @ double digit EBITDA Strategy Our progress, FY24 Revenue ₹ 48.06 Bn Goal @ 11.9% EBITDA* Channel Actions driven & Path to by strategy M

  7. Slide 7: We Are Progressing Well – YTD FY25

    WE ARE PROGRESSING WELL – YTD FY25 7.1% ₹ 3,672 Cr Top line growth (YTD YOY) Sales (YTD FY25) 11.8% 10.2% ₹ ~159 Cr EBITDA # Margin (YTD FY25) PAT # growth (YTD YOY) Strong net cash* position KOEL- Earnings Call – Q3 FY25 – Strategy 9.7% 10 Consecutive quarters of over ₹ 1,000 Cr revenue EBITDA # gr

  8. Slide 8: Deploying the 2X-3Y strategy to deliver value to all stakeholders

    Deploying the 2X-3Y strategy to deliver value to all stakeholders 65Bn @ double Customer Employer digit Delight of Choice EBITDA KOEL- Earnings Call – Q3 FY25 – Strategy 7

  9. Slide 9: Content

    CONTENT  STRATEGY  BUSINESS OVERVIEW  STANDALONE  SALES HIGHLIGHTS  CONSOLIDATED  SEGMENT OVERVIEW  FINANCIAL OVERVIEW  LONG TERM STRATEGY 8

  10. Slide 10: Products to Business Segments

    Products to Business Segments… Product Lines Business Segments B2B Business Segment Engines and Gensets Power Gen Industrial Engines Industrial Power Solutions for Large / Institutional Project Clients (Marine, Defence etc) After Sales Support Distribution and Aftermarket International Retail Channe

  11. Slide 11: Standalone Sales Highlights – Q3 FY25 YoY

    STANDALONE SALES HIGHLIGHTS – Q3 FY25 YoY B2B Sales Power Gen Industrial Distribution & International B2B 3% -2% After Market -17% 16% 15% 135 180 208 112 973 1,006 426 418 268 232 Q3 FY24 Q3 FY25 Q3 FY24 Q3 FY25 Q3 FY24 Q3 FY25 Q3 FY24 Q3 FY25 Q3 FY24 Q3 FY25 B2C Sales WMS FMS International B2C -3%

  12. Slide 12: Standalone Sales Highlights – YTD FY25 YoY

    STANDALONE SALES HIGHLIGHTS – YTD FY25 YoY B2B Sales Power Gen Industrial Distribution & International B2B 8% 3% 20% After Market 13% -1% 3,217 1,388 1,426 842 608 2,972 539 346 341 699 YTD FY24 YTD FY25 YTD FY24 YTD FY25 YTD FY24 YTD FY25 YTD FY24 YTD FY25 YTD FY24 YTD FY25 B2C Sales WMS FMS Intern

  13. Slide 13: Consolidated Segment Performance Overview – B2B

    CONSOLIDATED SEGMENT PERFORMANCE OVERVIEW – B2B Segment Revenue Trend Performance Updates All amounts are in “₹ Crore”  Subdued quarter with a 3% y-o-y growth in B2B Domestic Export  Highest ever Q3 BU sales for Industrial, Distribution & 1,221 1,156 1,075 1,018 Aftermarket BU (DABU), WMS & Intern

  14. Slide 14: Consolidated Segment Performance Overview – B2C

    CONSOLIDATED SEGMENT PERFORMANCE OVERVIEW – B2C Segment Revenue Trend Performance Updates All amounts are in “₹ Crore” Domestic Export  LGM inaugurated its new plant on September 12th . Five existing 317 manufacturing units were consolidated into a single, state-of-art 259 276 58 facility at Sanand

  15. Slide 15: Consolidated Segment Performance Overview – Financial Services

    CONSOLIDATED SEGMENT PERFORMANCE OVERVIEW – FINANCIAL SERVICES Segment Revenue Trend Performance Updates All amounts are in “₹ Crore”  KOEL’s total investment in AFHPL as on 31st Dec 24 stood at 1,053 Cr# 199 212 148 162 165  AFHPL revenue from operations stood at 212 Cr in Q3 FY25; a growth of 43

  16. Slide 16: Content

    CONTENT  STRATEGY  BUSINESS OVERVIEW  FINANCIAL OVERVIEW  STANDALONE  PERFORMANCE HIGHLIGHTS  PROFIT AND LOSS STATEMENT  WORKING CAPITAL AND NET CASH POSITION  CONSOLIDATED  PERFORMANCE HIGHLIGHTS  PROFIT AND LOSS STATEMENT  SEGMENT RESULTS  LONG TERM STRATEGY 15

  17. Slide 17: Standalone – Performance Highlights

    STANDALONE – PERFORMANCE HIGHLIGHTS All amounts are in “₹ Crore” Sales EBITDA* & Margin* PAT* & Margin* 3% -9% -17% 1,125 1,184 1,154 148 98 8.2% Quarterly 128 5.6% 117 79 12.4% 6.9% 11.3% 10.1% 65 -3% -21% -34% Q3 FY24 Q2 FY25 Q3 FY25 Q3 FY24 Q2 FY25 Q3FY25 Q3 FY24 Q2 FY25 Q3FY25 KOEL- Earnings Cal

  18. Slide 18: Standalone – Profit and Loss Statement

    STANDALONE - PROFIT AND LOSS STATEMENT All amounts are in “₹ Crore” Particulars Q3 FY25 Q2 FY25 Q-o-Q Q3 FY24 Y-o-Y YTD FY25 YTD FY24 Y-o-Y2 Net Sales 1,153.8 1,184.1 -3% 1,125.4 3% 3,671.6 3,428.4 7% Other Operating Income 9.8 10.3 -5% 9.8 0% 29.2 30.5 -4% Revenue from operations 1,163.6 1,194.4 -3

  19. Slide 19: Standalone Working Capital and Net Cash Position

    STANDALONE WORKING CAPITAL AND NET CASH* POSITION All amounts are in “₹ Crore” Inventories Receivables 60 Days 48 Days 50 Days 77 Days 77 Days 38 Days 34 Days 41 Days 42 Days 43 Days 724 716 614 632 614 568 584 480 524 524 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY

  20. Slide 20: Consolidated – Performance Highlights

    CONSOLIDATED – PERFORMANCE HIGHLIGHTS All amounts are in “₹ Crore” Sales PAT* & Margin* 5% -37% 1,491 1,442 1,379 Quarterly 108 106 7.0% 7.8% 68 4.7% -3% -36% Q3 FY24 Q2 FY25 Q3 FY25 Q3 FY24 Q2 FY25 Q3 FY25 KOEL- Earnings Call – Q3 FY25 – Consolidated Financial Overview Sales PAT* & Margin* 9% -6% 3

  21. Slide 21: Consolidated – Profit and Loss Statement

    CONSOLIDATED - PROFIT AND LOSS STATEMENT All amounts are in “₹ Crore” Particulars Q3 FY25 Q2 FY25 Q-o-Q Q3 FY24 Y-o-Y YTD FY25 YTD FY24 Y-o-Y∂ Net Sales* 1,441.5 1,490.6 -3% 1,378.6 5% 4,557.7 4,200.1 9% Other Operating Income 12.2 14.0 -13% 12.7 - 4% 38.6 40.7 -5% Revenue from operations 1,453.7 1,

  22. Slide 22: Segment Results – Consolidated

    SEGMENT RESULTS - CONSOLIDATED All amounts are in “₹ Crore” Particulars Q3FY25 Q2FY25 Q-o-Q Q3 FY24 Y-o-Y YTD FY25 YTD FY24 Y-o-Y Segment Revenue B2B 1,018.3 1,075.3 -5% 984.0 3% 3,249.2 3,007.2 8% B2C 223.8 230.0 -3% 259.1 -14% 770.6 829.0 -7% Financial Services 211.6 199.4 6% 148.2 43% 576.5 404.5

  23. Slide 23: Content

    CONTENT  STRATEGY  BUSINESS OVERVIEW  FINANCIAL OVERVIEW  LONG TERM STRATEGY 22

  24. Slide 24: 2B2B Strategy – The Ambition: Grow to $2 Billion

    2B2B Strategy - The Ambition: Grow the Kirloskar Oil Engines business to $2 Billion in the next 5 years at a consolidated level FY26 FY27 FY28 FY29 FY30 Execution of Complete Inorganic growth Improve share of Final year of manufacturing execution of the opportunities in line business in Defence Miss

  25. Slide 25: For Further Information Please Contact

    For Further Information Please Contact: KOEL Company Secretary Group Investor Relations Ms. Farah Irani Ms. Mayura Bhusari Tel: (020) 25810341(Extn- 4461) Tel: (020) 67060374 Email: farah.irani@kirloskar.com Email: mayura.bhusari@kirloskar.com 24

Kirloskar Oil Engines — Q3 FY25 Earnings Presentation on 6ix